Berlin – Tag & Nacht behandelt in der Serie alltägliche Themen, mit denen sich nicht nur Fans sondern auch die Darsteller:innen selbst auseinandersetzen können.
Nintendo macht mit der Switch 2 vieles richtig – vor allem beim Display der Handheld-Konsole. Denn das unterstützt ein geniales Feature, das ich mir auf meinem Steam Deck seit Jahren wünsche: VRR.Ein Kommentar von Robert Kohlick.
1. Bearish divergence on daily chart 2. Support at $2855 with 0.5 Fibonacci level 3. Lower boundary of uptrend channel What do you guys think?
Litecoin (LTC) has just broken below the critical $80 low, signaling that bearish pressure is firmly in control. Currently trading at $79—just beneath the swing low at $80—LTC is also sitting below the monthly open at $82.98. With the bears flexing their dominance, traders are left wondering: Where does the price head next? What’s the target for the bears, and where can bulls find an opportunity to re-enter the market? Let’s dive into the charts, pinpoint the key levels, and craft a plan that could turn this downturn into a golden opportunity. The Current Market Picture LTC’s recent breach of $80 confirms the bearish momentum that’s been brewing since its peak at $147.06 on December 5, 2024. Litecoin enjoyed a stellar 122-day bullish run, soaring +195% from $49.80 to high at $147.06. Now, we’re on the 122nd day of a downtrend—a poetic symmetry that hints at a potential turning point. The question is: where will this descent find its floor, and how can we position ourselves for what’s next? Support Zone: The $70 Fortress To identify a robust support zone, we need confluence—multiple technical factors aligning to form a level that’s tough to crack. Here’s what the chart reveals: Fibonacci Retracement: Using the Fib tool from the 2024 low at $49.80 to the high at $147.06, the 0.618 retracement at $86.95 has already been lost, turning our focus to the 0.786 level at $70.61. This deep retracement is a classic spot for reversals, making it a prime candidate for a support zone. Yearly Level: At $70.14, this pivot is nearly identical to the 0.786 Fib level, adding significant weight to the area. Volume Profile: The Point of Control (POC) from a 1.5-year trading range sits right around $70, just above the Fib level. This is the price with the highest traded volume over that period—a natural magnet for price action. Yearly Order Block: Visualized as a green channel, this order block reinforces the $70 zone, suggesting past institutional buying interest or significant support. Together, these factors create a $70 support zone that’s brimming with confluence. It’s not just a random level—it’s a fortress where bulls could mount a serious stand. Long Trade Setup: Entry Strategy: Use a Dollar-Cost Averaging (DCA) approach to build your position. Start with small buys around $75, laddering down to $70, and increase your position size as price nears the core of the support zone. Aim for an average entry of $73/72. Stop Loss (SL): Set it below $68 to protect against a deeper breakdown while giving the trade room to breathe. Take Profit (TP): First Target: $80 (the swing low and monthly open not far off). Main Target: $100 (a key psychological and resistance zone). Risk-to-Reward (R:R): With an average entry at $73 and SL at $68, you’re risking $5 to gain $27 (to $100)—a stellar 5:1 R:R or better. This is a high-probability setup that rewards patience. Execution Tip: Watch for bullish signals in the $70-$75 range—candlestick pattern, volume spikes, or RSI divergence. This isn’t about chasing; it’s about precision. Resistance Zone: The $100 Battleground If bulls reclaim control and push LTC higher, the $100 psychological level looms as a major resistance zone. Here’s why it’s a HOTSPOT: Yearly Open: At $103.28, this level is close enough to $100 to bolster its significance. Anchored VWAP: Drawn from the 2024 low at $49.80, the VWAP currently sits around $102.4, adding another layer of resistance. Historical Context: The $100 mark has been a recurring battleground, with bulls and bears clashing repeatedly. It’s a price that carries weight. A rally to $100 wouldn’t just be a recovery—it’d be a statement. A clean break above could hint at a broader trend reversal, but until then, it’s a ceiling to respect. What’s Next? Bears vs. Bulls For now, the bears are driving LTC lower, with the break below $80 opening the door to the $70 support zone. That’s their likely target—a level where selling pressure could exhaust itself. For bulls, $70 isn’t just a floor; it’s a launchpad. The DCA long setup offers a low-risk, high-reward entry. Wrapping It Up Litecoin’s drop from $147.06 to $79 has been brutal, but the chart is screaming opportunity. The $70 zone—backed by Fibonacci, levels, volume, and order blocks—is where bulls could turn the tide. With a DCA entry at around $73/72, SL below $68, and a main target at $100, you’ve got a trade setup that could deliver a 5:1 payoff. Meanwhile, $100 stands as the bears’ next big test if momentum shifts. So, will you wait for LTC to hit $70 and strike, or watch the action unfold? The levels are clear—now it’s your move. Use this analysis to sharpen your edge, and let’s see where Litecoin takes us in the days, weeks, and months ahead. If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know, I’m here to break down the charts you want to see. Happy trading =)
1️⃣ The price has broken below the previous support zone, which had held multiple times in the past. This area is now likely to act as a new resistance. 2️⃣ The bottom boundary of the descending channel has been touched, signaling a potential reaction or short-term bounce from this level. 3️⃣ It’s quite probable that the price retraces back to the midline of the channel before continuing its downward move. This would be a classic pullback within a bearish channel structure. ? If price fails to reclaim the broken support and reacts bearishly near the resistance-turned zone or the channel’s midline, it could provide a solid continuation setup to the downside.
OANDA:XAUUSD market has been bullish; however, Friday turned bearish with a nearly 3.8% decline. After such bullish momentum, this pullback seems normal. In the current timeframe, price completed the ABC move, which is typically followed by a pullback—exactly what we've seen recently. On the weekly timeframe, the price formed a long-tailed bar, indicating it may retest the support zone below the 2900 level. However, considering the upward momentum in the market and the fact that price did not close below the previous week's low, this scenario seems less likely. https://www.tradingview.com/x/yVDOcSi3/ I believe we're facing a similar scenario to what we saw in the last week of February, when the market fell around 4% but subsequently reached all-time highs. Right now, areas to consider going long include just below the week's low and the psychological level at 3000. Additionally, we have the channel border as well as the upward trendline serving as potential support. Another scenario worth noting is what happened before the US election last November, when prices fell around 9%, which could mean a retest of the 2900 level. Overall, next week the price may move sideways for a couple of days after bearish impulse leg or bounce off the 3000 level. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
Great example of continuation set-up on MSTR in 2024. Capturing the second leg following a shorter consolidation after digesting the first leg.
LIMIT ORDER - $RSS3/USDT Direction: #Short ? Entry Price: 0.0414 Stop Loss: 0.043924 Target 1: 0.039645 Target 2: 0.037890 Target 3: 0.036136 Target 4: 0.034381 Target 5: 0.032626
a chance to short FUN. FUN has a big chance of finishing the uptrend. short this with stop loss
Nifty Continues Downtrend: Big Players Capitalizing on Every Bounce We recommended selling Nifty near 23,800 with a stop-loss at 23,920, and those who took the trade are likely sitting on impressive profits. Looking ahead, we anticipate Nifty heading toward the 19,500 level by June 2025. Stay ahead of the market – follow us on TradingView for real-time updates and insights on Nifty and BankNifty. Regards, OptionsDaddy Research Team