Impressive share price and fundamental growth in 2024, watching $0.40 for a breakout trade into 2025.
Ethereum showed a good show of strength from the bulls as the asset broke and returned to an important support level at $3,540, characterizing an important beartrap. I am opening a long position with a target at the next important resistance at $3,991 and stop just bellow the last botton in $3488. Reasons to buy: 1 - Beartrap at an important support level. 2 - Good risk/reward ratio. Don't forget to always practice good risk management and do your own analysis. For more analyses like these, follow me on Tradingview.
according to the head and shoulder indicator market will fall to the target level which I predicted by analysing market. even in 15mints time frame there is actually indicator looks like it will works and one more thing is one strategy works here which is higher level is high and lower level is low so,
The Australian dollar is drifting on Tuesday. In the North American session, AUD/USD is trading at 0.6461, down 0.20% on the day at the time of writing. Australia’s economy is expected to improve in the third quarter, with a market estimate of 0.4% q/q. This follows a disappointing gain of 0.2% in Q2, the weakest growth in five quarters, as household spending declined. On a yearly basis, GDP is expected to tick up to 1.1% compared to 1% in the second quarter. The Australian economy continues to groan under the weight of high interest rates, which the Reserve Bank of Australia implemented in order to tame high inflation. Now that inflation has come down, there is pressure on the RBA to respond with lower rates. The RBA has become an outlier as most major central banks are in the middle of an easing cycle while the RBA has held rates for over a year. RBA Governor Bullock has remained hawkish, reiterating that underlying inflation is too high for the RBA’s liking and that a rate hike is not off the table. Headline inflation has fallen to 2.1%, well within the RBA’s target bank of 2%-3%, but the RBA remains concerned about underlying inflation, which accelerated in October to 3.5%, up from 3.2% a month earlier. The market isn’t buying the warning of higher rates and expects the next rate move to be a cut sometime in mid-2025. That means that consumers will have to grapple with high rates for months, barring an unexpected fall in underlying inflation. In the US, Federal Reserve Governor Christopher Waller said on Monday that he is leaning toward a cut in December but could change his mind if inflation surprised on the upside. The US releases November CPI one week prior to the rate announcement and the release will be a key factor as to whether the Fed cuts or maintains interest rates. AUD/USD Technical AUD/USD tested resistance at 0.6478 earlier. Next, there is resistance at 0.6514 0.6441 and 0.6405 are the next support levels
after the breakdown and consolidation above the triangle, you can expect the targets marked on the chart
Trade didn’t go as predicted and I didn’t know there was an upcoming news I could’ve waited if I knew I was just going by what I saw in front of me we move on to the next….
We are back after another banger week for SPY options. Last week's $605 Call 12/9 ran for 31.4%. This is how we are prepared for both sides! ? $604 CALL 12/16 Entry: Retest of $603.37 and 15-min close OVER Target: $604, $605 Stop-loss: 15-min close UNDER $603.37 ? $600 PUT 12/16 Entry: Breakdown and 15-min close UNDER $603.37 Target: $601.25, $598 Stop-loss: 15-min close OVER $603.37 AMEX:SPY
Not that much momentum @ under 140$ Downword pressure incoming. Target 126.5 -129
Market Context: TON's price action is signaling strength, with a clear setup for the next leg up. The trade capitalizes on current bullish momentum, targeting key resistance levels for profit-taking while managing downside risk effectively. Trade Details: Entry Zone: Around $6.50 Take Profit Targets: First target: $8.00 Second target: $10.00 Third target: $15.00 Stop Loss: Daily close below $5.50 This trade is designed to capture TON's potential for further upside as it builds on its strong trend.
When Valve released the Steam Deck, PC manufacturers realized there could be a new market for small, handheld computers that are capable of running games. Lenovo released the Legion Go and Asus released the ROG Ally. Windows Central managed to get hold of the first official renders of Lenovo’s upcoming gaming handheld, the Legion Go […] © 2024 TechCrunch. All rights reserved. For personal use only.