? Observation: Hello, everyone! I hope you're doing well. I’d like to share my analysis of SOL-USD (Solana) with you. Looking at the Solana chart, I expect a potential price decline with a first target of $99.34. If the weekly candle manages to close above $99.34, we might see a bullish continuation from that level. However, if Solana closes below $99.34 on the weekly timeframe, I anticipate further downside, possibly reaching $68.20. ? Expectation: Bearish Scenario: Weekly close below $99.34 → potential move toward $68.20. Bullish Scenario: Hold above $99.34 → possible bullish reversal. ? Key Levels to Watch: Support: $99.34 and $68.20 Resistance: $99.34 zone (as a key flip level) ? What’s your take on Solana? Drop your thoughts in the comments! Trade safe
I predict a short term long till the 3081 area before sells will come in.
INJ is another crypto project that seen massive interest and price rise straight out of the bear market. Now we see it has completed a very typical retrace pattern and percentage. Since reaching its all time high it has completed a standard ABC retrace of 50% of its low. Current Trading Plan: Re-accumulate and look for another major rise in price. Risk at this stage in the cycle is much higher as we are not at a bear market low. We are at a 50% retrace of that low. Targets will be a 1/3-50% retrace back to the all time high and look for continuation for a much larger second run is the rest of the market show signs of recovery this summer.
RISKY DUE BINANCE MONITORING TAG ? Technical Breakdown ? Pattern: Falling Channel The price has been moving inside a descending channel, which often acts as a bullish continuation or reversal pattern. A breakout above the upper trendline of the channel has been marked as the entry point, signaling a potential reversal of the downtrend. ? Entry Level Marked at: 0.0268 USDT Entry is placed slightly above the breakout zone of the falling channel. ? Stop Loss (SL) Marked at: 0.0256 USDT SL is positioned just below recent consolidation support and below the lower boundary of the channel. ? Take Profit (TP) Targets Target Price (USDT) TP1 0.0313 TP2 0.0349 These zones align with previous support-turned-resistance levels from before the sharp price drop. TP1 is a conservative level, while TP2 aims for a larger breakout recovery. ? RSI Analysis RSI formed a bullish divergence with price (price made lower lows while RSI made higher lows). RSI has crossed above the 50 level, indicating building bullish momentum. A breakout from the RSI trendline confirms the strength behind the move. ✅ Summary: Trade Setup Parameter Value Entry 0.0268 USDT Stop Loss 0.0256 USDT Take Profit 1 0.0313 USDT Take Profit 2 0.0349 USDT Risk/Reward ~1:2 to 1:4
? Observation: Hello, everyone! Based on what I see on the XRP (Ripple) chart, if we close above the price of 1.96695 on the weekly timeframe, I expect the start of a bull market towards the upside with a target of 4.00. However, if the weekly candle closes below 1.96695, I anticipate a bearish move for Ripple, targeting 0.94799. ? Key Levels to Watch: Support: 0.94799 Resistance: 4.00 Weekly closing price above 1.96695 will indicate a bullish trend. ? Expectation: Bullish Scenario: Price closes above 1.96695 on the weekly, targeting 4.00. Bearish Scenario: Price closes below 1.96695, targeting 0.94799. ? What’s your outlook on XRP this week? Let me know your thoughts in the comments! Trade safe
Gold Is Still in strong Up Trend, This correction is still under normal correction levels, the chart are explained well, and the expectation too. good luck for all traders
This analysis delves into multiple factors swaying EUR/USD. Trump’s April 2nd tariff executive orders pushed EUR/USD down as EU industries faced higher costs. April 4th non - farm payroll data strengthened the dollar, though a US economic slowdown capped its upside. Eurozone GDP, employment, and inflation data directly impacts the euro, and divergent EU - US monetary policies also matter. Presently, Eurozone inflation is moderate, and the ECB keeps rates stable. However, the US economy is decelerating. Although trade negotiations might ease tensions, fresh tariff measures could emerge. If US economic data surprises on the upside or the Fed tightens unexpectedly, EUR/USD could decline further. Amid such market volatility, investors must manage risks carefully. ??? EURUSD ??? ? Sell@1.09500 - 1.09800 ? TP 1.08600 - 1.08000 The market has been extremely volatile lately. If you can't figure out the market's direction, you'll only be a cash dispenser for others. If you also want to succeed，Follow the link below to get my daily strategy updates
https://www.tradingview.com/x/gM7uPxss/ ✅NATGAS will soon retest a key support level of 3.728$ So I think that the pair will make a rebound And go up to retest the supply level above at 3.887 LONG? ✅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.
In the previous week sellers push price with a strong momentum to a weekly demand zone, the weekly candle showing a sign of reversal. The battle between the sellers and the buyers still on, can the buyers push price above the last supply zone? Looking for the reversal to the upside.
https://www.tradingview.com/x/hxMaT6wg/ Hello,Traders! DAX fell down sharply But will soon hit a Horizontal support level Of 20,230 and after the Retest we will be expecting A strong bullish rebound Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.