As CBOE:CBOE , a fav of the boys over at Vanguard, approaches its high, we see targets at 230.00, with a monthly Fibonacci extension reaching 265.00. This is one to watch closely.
I. Technical Analysis (1) Support and Resistance Levels BTC has formed a strong support level at $80,000. Judging from past market performances, this price level has successfully withstood selling pressure multiple times, demonstrating the market's recognition of its value at this price. When the price dropped to $82,000, a certain degree of rebound occurred, indicating the presence of buying support below. This also indirectly confirms the effectiveness of the $80,000 support level. As a resistance level, $87,000 restricts the upward movement of BTC. The failure of this attempt to break through $89,000 indicates that selling pressure is relatively strong above this price level. (2) Moving Average System Although the short - term moving averages of BTC have turned downward to some extent due to price declines, the long - term moving averages still maintain an upward trend. This indicates that, in the long run, the upward trend of BTC has not been completely disrupted. Short - term price fluctuations may just be normal market adjustments. When the short - term moving averages gradually recover and cross above the long - term moving averages again, a golden cross is expected to form, providing technical support for the upward movement of BTC. (3) Technical Indicators The Relative Strength Index (RSI) shows that BTC is currently in the oversold zone, which means there may be excessive selling in the market. Once market sentiment recovers, the price of BTC is expected to rebound. In addition, although the MACD indicator shows a bearish signal, the bearish momentum is gradually weakening, suggesting that the market may be on the verge of a reversal. ??? BTC ??? ? Buy@80500 - 81000 ? TP 83000 84000 85000 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
Based on technical factors there is a Sell position in : ? ENSUSDT ? Sell Now ?Stop loss 17.15 ?Target 13.00 ? R/R 2 ?RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes? and comments?
If you draw the fibbs we can see that stellar touched the golden pocket recently. Its textbook TA. Where are we going from here? A deeper correction first? I think so
the weekly levels are also monthly supports (less is more, less colours on chart) the monthly levels are also 3month levels (again...less is more) read that again lol i think $1650 is plausible and a darn gud'ol buy (i do have a $1450 alert)
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USDCAD watch: Potential upward movement ahead? Keeping an eye on key levels and market signals for a possible long opportunity. #USDCAD #Forex #Trading #MarketAnalysis
I expect DOGE goes down to 0.1580-0.1590 and bounce back. It is my assumption not a financial advice! Current RSI Overview: 1-Hour RSI: Around 25-27, deep in the oversold zone. 4-Hour RSI: Below 10, extremely oversold, suggesting a potential bounce. Daily RSI: Around 32-33, approaching oversold territory but not yet fully there. Likelihood of a Drop Below $0.165: Moderate Probability (~30-40%) – While RSI suggests a bounce is likely, there’s still a possibility of a quick dip to test stronger support below. Higher Bounce Probability (~60-70%) – Given the oversold conditions and approaching support, a bounce toward the $0.172-$0.175 range is more likely in the short term.
ATL for KDA = $0.126 Possibility of a retest should price break below local support @ $0.36 Variance from ATL to ATH @ 22K%
If this 5600 level breaks, I expect the decline to continue until may with support around 5400, 5200, and 5000 with 5200 being most likely. The market was hoping for consistent messaging from the Fed, which it did not get. The data shows that inflation is accelerating in the face of job cuts which makes their job very difficult. The are not helping with their rhetoric that the data is 'transitory'. The market is not enjoying their 'vibe' driven analysis. Volatility is bid for April and May, giving bears ammo for another leg lower. http://vixcentral.com/ The measured move and several demand zones sit around 5200.