Good Evening and I hope you are well. comment: W3 was climactic and there could be a possible W5. Right now we are in W4 and the given range will likely be respected and not broken. I will most likely mean reverse to 20000 over the next days. current market cycle: strong bear - W3 concluded - W5 possibly down to 16000 if we get one but W3 could have been the end of it since it was so climactic and extreme. key levels: 16000 - 18400 (but I doubt we get below 16400 for the next days/weeks) bull case: Both sides make good money currently and we have a big range to trade. 17500 is my neutral price where I expect market to spend most of it’s time for the next days/weeks. We should see at least 10 session sideways to up movement. Invalidation is below 16400. bear case: Bears can not expect this to continue down for now and they have to continue to keep the market below 19000 and leave a big gap open up to 19350. Earnings start on Friday and I have no idea how that will go. So no bearish bias since my targets are all met. short term: Neutral around 17500 and only interested in fading the extremes in given range. medium-long term - Update from 2024-03-16: My most bearish target for 2025 was 17500ish, given in my year-end special. W3 overshot it by 1000 points. Now my bearish bias is gone and I will wait how this unfolds. Big uncertainty for this year but I think this selling is overdone and big bois are buying with both hands below 17000. trade of the day: Selling the double top above 18300 for a casual 14000 point drop. Congratulations if you took it and held through it. I did not.
TRUMP, the meme token inspired by former President Donald Trump, is currently priced at $7.52. The token has gained 5.03% in the last 24 hours. Its market capitalization stands at $1.5 billion, with a daily trading volume of $415.5 million, a drop of nearly 60.12% in the last 24 hours. TRUMP was launched to commemorate Trump’s viral "FIGHT FIGHT FIGHT" moment in July 2024. That day, he survived a deadly incident and raised his fist in defiance. The moment triggered a movement that birthed this meme token. It symbolizes resilience and leadership, attracting thousands to its growing community. The token is now freely tradable on the blockchain, with increasing interest in both trading and long-term holding. Technical Analysis: Price Faces Trendline Rejection and Heavy Resistance TRUMP has been in a strong downtrend since reaching highs at $77. A descending trendline continues to cap upward moves, with the price breaking below key support at$12. Resistance is seen around the descending trendline and the horizontal support at $12. This level was previously a support and is now acting as a ceiling for price recovery. The daily RSI is currently at 27.19 indicating oversold conditions. This could trigger a short-term bounce toward $10–$12. However, the trend remains bearish. The price has failed multiple times to break above the downtrend line. If the price breaks below $7 with volume, further drop could follow. A successful bounce might lead to a retest of $12.
btc 1 min trade setup. I am expecting an up move in bitcoin for a short period of time.
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Instagram head Adam Mosseri says the company is looking to improve the app’s search functionality, admitting this is an area where Instagram could do more to compete. The remarks, made on a recent episode of the “Build Your Tribe” podcast, come at a time when younger Gen Z users often turn to social apps like […]
USDJPY / GpPA Short Swing Short first objetive at 1.5 for USDJPÝ
I am seeing a short sell on gold with that trend any corrections are acceptable.
Hi traders! Analyzing EUR/USD on the 1H timeframe, spotting a potential Dragon pattern with long opportunity: ? Entry: 1.0956 ? TP: 1.11367 ? SL: 1.07787 Price action has formed a classic Dragon pattern — two symmetrical legs and a clear head, with the neckline (the hump) being retested as support. Currently, the pair is testing the neckline zone just above the 200 EMA. RSI is mid-range and curving up, showing early signs of bullish momentum. If the neckline holds, we may see a strong bullish wave toward 1.1136. This pattern often leads to explosive upside moves once confirmed. ⚠️ DISCLAIMER: This is not financial advice. Every trader must evaluate their own risk and strategy.
Albeit the bloodbath besieging the crypto market, one asset stood tall defying market odds surging 15% today with about 86.58% increase in 24 hours volume. "CORE" or Satoshi Core is a L1 blockchain that is compatible with Ethereum Virtual Machine (EVM), therefore it can run Ethereum smart contracts and decentralized applications (dApps). With increased volatility today, MIL:CORE stood different surging 15%. The asset still has room for a continuation trend as hinted by the RSI at 59. In the case of cool-off, the 38.2% Fibonacci retracement level is a suitable point for consolidation further selling pressure could push it lower to the 1-month low axis. Similarly, should MIL:CORE break above the 1-month high pivot, the $1 resistant will be feasible, therefore, attainable. Core Price Live Data The live Core price today is $0.476759 USD with a 24-hour trading volume of $71,813,902 USD. Core is up 13.98% in the last 24 hours, with a live market cap of $476,107,555 USD. It has a circulating supply of 998,633,921 CORE coins and a max. supply of 2,100,000,000 CORE coins.