Bitcoin könnte aktuell am Widerstand unter der 800er EMA im 4h-Chart ein M-Pattern ausbilden. Sollte sich diese Formation bestätigen, wäre ein Rücklauf zur 50er EMA im 4h-Chart wahrscheinlich. Falls auch diese Unterstützung nicht hält, könnte der Kurs erneut die blaue Support-Linie ansteuern. Der MACD signalisiert bereits eine nachlassende Dynamik, da das Momentum langsam ins Negative rutscht. Sollte in Kürze keine starke Kaufreaktion einsetzen, könnte sich die Schwäche verstärken und einen weiteren Rücksetzer auslösen. Gleichzeitig bleibt der RSI in einer überkauften Zone, was ebenfalls auf eine mögliche Korrekturbewegung hindeutet. Sollte der Kurs jedoch Stabilität zeigen und Käufer in den Markt kommen, könnte sich die 800er EMA erneut als entscheidender Widerstand erweisen. Der nächste Handelstag dürfte somit richtungsweisend für den weiteren Verlauf sein.
Gold in ranging between 3000 to 3030. Making it a sideways market for this week. At the moment gold is believe to make a retest at the current resistance point and also possibilities to make a discount to the daily breakout area of 2984-2988. 2984-2988 will be a decision point if gold be able to make a climb back up or a continuous break down to the last breakout of 2956 area.
GBPUSD has not yet decided and as along its stuck between layers of support and resistance we could expect the same up and down Raging movements to carry on until it breaks out , so take note of those Zones and make calculated trades
In today’s analysis, we are focusing on Bitcoin’s intraday price action, where a potential triangle formation appears to be taking shape. However, more data is needed to confirm this pattern. From a non-biased perspective, price action is still projecting lower highs, and for a bullish shift to occur, we need to see a transition into higher lows. Currently, Bitcoin is testing the 0.618 Fibonacci level, which aligns with dynamic support/resistance (SR) resistance. If a rejection is confirmed, it could lead to a liquidity sweep at lower levels, ultimately testing dynamic SR support. This would further validate the triangle formation, providing an equilibrium zone for price to break out of. Key Takeaways: • Bitcoin remains in a lower high structure, needing a shift to higher lows for a bullish transition. • Price action is testing the 0.618 Fibonacci retracement, which aligns with dynamic SR resistance. • A confirmed rejection could lead to lower levels, testing dynamic SR support and reinforcing the triangle formation. • Volume remains low, and a breakout will need increasing volume to be considered valid. At this stage, Bitcoin is likely to remain range-bound in equilibrium unless a breakout occurs in the next few hours. If no breakout materializes, price action will likely continue to trend towards dynamic SR support. Traders should monitor volume levels closely, as an increase in volume will indicate a true breakout direction.
SEED_WANDERIN_JIMZIP900:FART Cup and Handle on 1D chart! ? ✅ The cup is nicely rounded - a sign of bullish accumulation. ✅ Neckline around 0.5561-0.6119 (V-WVWAP) - price is hitting resistance here. ✅ Volume is increasing during the breakout attempt - which is a positive signal. ✅ Possible "eye" - price may correct back to support before further growth. Targets: ? Cup height measurement: Bottom around 0.3194, neckline 0.5561, gap ~0.2367. ? Target level: 0.5561 + 0.2367 = ~0.7928 (possible bull target on patterning confirmation). ? Fib levels may help - I see first resistance around 0.6176. How to play it? ? Ideal entry: after a pullback to neckline (retest) or during a confirmed breakout with volume. ? Stop-loss: Below the last low of the neckline or below the neckline if it becomes support. ? Confirmation. Overall, the pattern looks very bullish, but the reaction to 0.5561-0.6119 will be important. If it fails there, the ears may go lower.
USDCHF has formed a inverse head and shoulder pattern and its completing the right shoulder before it shoots up , lets not forget the fact that its on the level of strong support so and upward push could be expected , lets keep our eyes on it or else we will miss the opportunity
03.25.2025 / NASDAQ:SAVA #SAVA Fundamentals. Closing the development of a drug for the treatment of Alzheimer's after another unsuccessful trial. Technical analysis. Daily chart: 4-month sideways movement after a downtrend. We makr the low of the sideways movement - 2.23 Premarket: Gap Down on moderate volume. Trading session: There is a struggle for the level of 2.23. in the premarket and after the opening of the trading session. The price gets into a narrow trading range below the level of 2.23 after 2 unsuccessful attempts to hold above the level. We are considering a short trade if the level is held. Trading scenario: #rebound from the level of 2.23 Entry: 2.18 when exit down from the trading range below the level Stop: 2.24, we hide it behind the level Exit: Close part of the position near the premarket low of 2.01. Close the rest of the position at 1.87 when volumes increase and a reversal candlestick pattern appears. Risk Rewards: 1/4 P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information .
This 4-hour chart of Gold/USD highlights a critical Fair Value Gap (FVG) zone in the $2,960 - $2,980 range. The chart outlines two potential scenarios: 1. A bullish reaction with a price push toward the $3,040 resistance level. 2. A bearish move breaking below the FVG, targeting the $2,880 support zone. Traders should monitor price action within the FVG for confirmations, with upcoming economic events marked at the bottom as potential catalysts.
After printing a double bottom circa 155.50 in February, price has seen a steady move to the upside. Price appears to be currently correcting. Look for a break to the upside and a potential long trade (if it meets your strategy rules) into 164.50 which was resistance in December 2024.
MEXC:SOLUSDT ? Current Wave Structure: We are currently in an impulsive upward move, which appears to be Wave (3). The recent pullback can be interpreted as an ABC correction within Wave (4), reaching nearly the 88.7% retracement level. ? Potential Scenarios: 1️⃣ Short-Term: Further corrective movement downward (potential Fibonacci retracement of 38-50% for Wave (4)). 2️⃣ Mid-Term: A continuation of the upward move towards the $170-$175 target zone, marking the completion of Wave (5) and possibly the entire larger structure (C). 3️⃣ Long-Term: After Wave (5) concludes, a significant corrective move could follow. ⚠️ Key Levels to Watch: ? Support: $140.30 / $133.45 ? Resistance: $146.49 / $170.41 ? Conclusion: If the correction plays out within the expected Fibonacci zones, this could present an attractive long setup for Wave (5). However, a larger corrective move might follow afterward. What are your thoughts? Feel free to share your analysis and opinions! ??