If price breaks 96361, it means I'll expect price to tap below previous LL channel, I will change my bias for buy. As long as it respects 96361, my bias is price will make a new low and tap into previous LH range and make a new low at 826
Ethereum seems very bullish consider take support form daily ema and price channel that we should look for. Enjoy your trade idea You can keep follow chart from this idea. DYOR.
Buy idea on TSLA as you can see on the chart if only if we have the breakout with force the vwap.
AUD/USD is looking bullish, with a potential target of 0.65009. This target is supported by a recent analysis from Action Forex, which suggests a target of 0.6500 ¹. Additionally, the pair has stabilized amid US Dollar pressures and domestic economic factors ². From a technical analysis perspective, the AUD/USD is currently in the first phase of a correction wave, having achieved a local target at 0.6527 ². The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators are also pointing upwards, supporting the bullish view ³. However, it's essential to keep an eye on key resistance levels, such as 0.6670, which could pose a challenge to the upward movement ⁴. To maximize your gains, consider setting a take-profit around 0.65009 and a stop-loss below 0.6420 to limit potential losses.
Silver Drop Base Rally setup: Look for breakout from consolidation/base with high volume; enter long. Place stop loss just below base. Measure potential upside from drop's depth or use prior resistance for target. Confirm with momentum indicators like Stochastic or MACD for added confidence.
A quick look into Cardano after a near 330% increase, there seems to be room for further growth. Key Fibonacci levels are a great watchpoints, especially the 618's. Two other coins that pumped recently : https://www.tradingview.com/chart/XLMUSDT/IDspv6MR-XLM-STELLAR-Can-XLM-go-HIGHER/ https://www.tradingview.com/chart/XRPUSDT/wzrfgCIL-XRP-PUMP-and-DUMP-Scheme/ Just remember that after the pump, comes the DUMP. Almost every time . Here's my thoughts on the BTC ATH being in: https://www.tradingview.com/chart/BTCUSD/BpmIteIM-BTC-ATH-Bitcoin-Dominance-Alt-Season/
Brent crude oil has been consolidating near a critical support level for more than two months. With the stage set for a decisive breakout, let’s explore what’s driving the market and where we could go from here. A Fragile Geopolitical Backdrop Although a ceasefire between Israel and Hezbollah was agreed last Wednesday, the environment in the middle east is far from stable. Reports of Israeli strikes on Lebanese targets earlier this week have kept tensions simmering. However, the broader supply picture has eased. The International Energy Agency predicts an excess supply of over 1 million barrels per day in 2025, which has weighed on prices. On Friday, Brent crude closed at $72.94, and WTI at $68, with both benchmarks down over 3% for the week. This bearish tone has been reinforced by concerns over weaker demand prospects, as higher US interest rates appear less likely to be cut this month. Adding to the mix, President-elect Donald Trump’s recent threats of 100% tariffs on BRICS nations have strengthened the US dollar. A stronger greenback makes dollar-denominated oil more expensive for other currencies, further pressuring demand. The Technical Picture: A Triangle of Tension On the weekly chart, oil prices have anchored around the March 2023 swing lows, which represent a key inflection point. September’s brief dip below this level saw buyers step in, and since then, the market has been stuck in a prolonged consolidation phase. Brent Crude Weekly Candle Chart https://www.tradingview.com/x/xFdJKSuy/ Past performance is not a reliable indicator of future results Shifting to the daily timeframe, the consolidation takes the form of a triangle pattern. Prices are effectively being ‘funnelled’ within an ever-tightening range, marked by lower swing highs and higher swing lows. Volume has steadily declined, which signals that the market is under compression and a significant breakout could be on the horizon. Brent Crude Daily Candle Chart https://www.tradingview.com/x/cbRCRuSx/ Past performance is not a reliable indicator of future results With this compression nearing its climax, two scenarios are in play: 1. A breakout to the upside: A long-bodied candle closing near its highs, accompanied by strong volume, would suggest the bulls are back in control. News of OPEC+ extending production cuts or easing dollar strength could catalyse this move. 2. A breakdown to the downside: A close below support would snap the current consolidation and likely trigger accelerated selling, particularly if concerns about oversupply in 2025 gain traction. All Eyes on OPEC+ The upcoming OPEC+ meeting on 5th December will play a pivotal role in determining the market’s next direction. The group is expected to discuss delaying a planned production increase originally scheduled for January. An indefinite delay could ease some of the downward pressure on prices, providing a tailwind for any bullish breakout. For now, the market is in wait-and-see mode, compressing further as traders position themselves for the outcome of this critical meeting. All eyes are on OPEC+ as the oil market braces for its next big move. Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.67% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
https://www.tradingview.com/x/fExdGH5z/ I kept looking at this for a long time to see if this was a fake bounce off the bottom. The so-called smart money gets in first. Think big banks and the mates of these people in the know, good luck to them. I try to get into a trade at the same time, BUY break above 0.5737.
The market has effectively taken the sell-side liquidity, showcasing precise price action. This move aligns with expectations, as liquidity sweeps often set the stage for potential reversals or continuations. Traders should monitor key levels closely to anticipate the next directional move. Stay alert and trade with caution!
It is the first time ever that LUNAUSDT (Terra) closes four consecutive weeks green. This is happening after an ATL in August. Can we say bullish consolidation? Consolidation as prices slowly climb higher... Absolutely. This is unusual and unusual is good. Since the market was bearish since 2022, seeing a change of behavior, unusual price patterns, can mean that price dynamics are about to change. Change from bearish to bullish of course. Whale accumulation has been happening since August 2023. I can tell by noticing how buy volume is always higher than sell volume on most of the candles. It means that more money is exchanging hands when prices are going up rather than down. Now, this is not just any pair, growth potential goes as high as 2,000%. Even 3,265% is possible if LUNAUSDT hits $19, for this, we have to wait and see. Thank you for reading. Namaste.