Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments? A few days ago price bounced from $1.1000 level and rose to $1.1205 points, after which turned around. Then price started to decline inside falling channel, where it at once reached and broke $1.1000 level. After this, EUR fell to support line of falling channel, and then bounced and rose to resisatnce line, making a first gap. Price made downward impulse, thereby exiting from channel and starting to trades inside flat, breaking $1.0585 level too. In flat, Euro fell to bottom part but then turned around, made a second gap, and now trades close to $1.0585 level. In my mind, Euro can enter to resistance area and then start to decline to $1.0385, which coincides with bottom part of flat. If this post is useful to you, you can support me with like/boost and advice in comments❤️
The global economy is on the verge of a massive infusion of liquidity. By 2025, the US Federal Reserve plans to increase the global money supply to $127 trillion, an increase of 18% compared to the current $107 trillion. How will this affect Bitcoin? Such an injection of liquidity will create the prerequisites for attracting large investments in digital assets. The potential inflow of capital into Bitcoin may amount to $2 trillion, which can radically change the balance of power in the crypto market. With such a catalyst, analysts predict that Bitcoin could reach new record highs by 2025. This period will be crucial for the entire crypto industry.
Hello, The volume profile of this chart with 4-hour candles indicates two levels where high trading interest can be found. One of these levels is the orange level, $91.5k, around which Bitcoin built a strong support zone. The other level is the red line, $98.5k, where BTC has a strong sell zone. I expect the price action to unfold between these two zones. You may ask which would come next. The current price, $97.1k, is closer to the sell zone than the buy zone. Hitting the sell zone requires less effort than falling into the buy zone. A few people observed that the market often moves towards less resistance. This lesser resistance is now moving into the sell zone. Furthermore, MACD goes up like a bullish trend, which means technicals contribute to BTC hitting the sell zone next time. The white trendline on the chart can act as additional support, which means for BTC to fall into the buy zone, it has to cut down the white trendline. Again, the less resistance for the price would be not to cut down the support trendline, but to pump into the sell zone, which is open from the bottom up without additional resistance standing in the way. Regards, Ely
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Theta looks extremely bearish in this bullish candle it needs some correction for healthy price growth
Technically, the asset has formed a “wedge” and broke through a key zone with consolidation on lower timeframes, indicating readiness for growth. An analogy can be drawn with BNB to show how this technical structure works. However, just the chart patterns would be insufficient for a full analogy; in our case, both the time intervals and cycle phases coincide. BNB formed a “wedge” in Q4 2020, ZETA—in the same market phase but in the Q4 2024. After breaking through the key level, BNB showed a phenomenal 20X growth.
BTC.d showing signs of a repeated pattern for alt season starti https://www.tradingview.com/x/sXz2sqmy/ ng.
$UMA/USDT Based on Weekly Chart NSE:UMA The chart showcases a Double Bottom formation near the Fibonacci support levels, which is a strong reversal signal. The trendline support combined with Fibonacci retracement at the 0.618 level indicates solid buying interest and a potential bullish continuation. The critical support lies at $2.50 - $3.00, which aligns with the trendline and Fibonacci 0.618 retracement level. Resistance Levels (Targets): T1: $4.810 T2: $6.529 T3: $7.915
In a downtrend, if the price keeps dropping while %B forms higher lows, it could indicate that sellers are losing strength, potentially signalling a reversal or pause in the trend.
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