It rebounds to the resistance with momentum. It rebounds and breRSI resistance breakout was successful
"In this analysis, we have examined the price action of Ripple (XRP) on a weekly timeframe. Using technical analysis tools such as trendlines, support and resistance levels, and chart patterns, we assess the current market situation. Key levels and potential price movements are discussed, with possible trading opportunities for the upcoming weeks. Additionally, fundamental analysis and related news events impacting Ripple have been considered to provide a more comprehensive outlook of the market."
This is a video explaining my trade entry and exit today on bitcoin. This is intended for study purposes only.
Over the past five trading sessions, oil prices have dropped more than 17% , with WTI crude falling below the $60 per barrel mark. This move reflects ongoing market uncertainty, as investors expect the new trade war to significantly weaken oil demand in the coming months. As long as confidence remains in a fragile zone, downward pressure on oil prices is likely to persist. Break of the Sideways Channel In recent weeks, a key sideways channel that had held since November 2023 has been broken. This shift could alter the neutral outlook that has dominated the oil market in the long term and now points toward seller dominance. As price movements stabilize, a stronger bearish trend may begin to develop in the short term. Oversold Conditions Appear RSI: The RSI line is currently holding below the 30 level, which signals oversold conditions on the indicator. This suggests that while bearish pressure has been dominant, the market may be entering an early stage of exhaustion, potentially opening the door for short-term bullish corrections. Bollinger Bands: The price has completely broken through the lower Bollinger Band, indicating that it has moved beyond two standard deviations from the mean. This reflects high volatility and could signal a pause in selling momentum. In turn, it may lead to potential rebound zones forming soon. Key Levels: $58 – Near Support: This is the most important short-term barrier, aligning with multi-year lows not seen since 2021. Continued selling below this level could reinforce the current bearish bias. $66 – Near Resistance: This level marks the lower boundary of the former sideways channel. It may act as a potential zone for bullish corrections in the short term. $73 – Distant Resistance: This level aligns with the 200-period moving average. Price action approaching this area could reactivate the previously abandoned uptrend. By Julian Pineda, CFA – Market Analyst
Again, don't even know what to say. I won't trade tomorrow, for the better probably if price actioncontinues to be like this...
https://www.tradingview.com/x/1rwY577z/ ✅ETHEREUM keeps falling Down and the price made a Bearish breakout of the Key horizontal level of 1600$ And the breakout is confirmed So we are bearish biased And we will be expecting a Further bearish move down SHORT? ✅Like and subscribe to never miss a new idea!✅ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
This blue box last chance or i'll probably quit eth :( 0.786 fib + weekly buy zone + insane buy walls on order book Pectra Upgrade is in a month... Good luck
Tesla is about to meet its temporary trandline and probably will continue to close the gap.
When there is MACD divergence but price touches the EMA52 three times, it might reverse direction. Next stop for SOL could be 80−90.
This one speaks for itself.. Note from circa 1.5-2 months ago. DCA in rectangle