? Key Analysis: BINANCE:IOTAUSDT.P IOTA/USDT has successfully broken above a key resistance zone and is now showing strong bullish momentum. Breakout Structure: ✅ Breakout: Price broke above the resistance zone. ✅ Retest: After the breakout, price pulled back to retest the previous resistance, which has now flipped into support (green zone). ✅ Continuation: The price has bounced off support and is now pushing higher. What’s Next? ? Bullish Target: If momentum continues, the next targets are $0.2050 - $0.2100 USDT. ? Bearish Scenario: A break back below the resistance could signal a fakeout, leading to a retest of the ascending trendline. ? Conclusion: This is a textbook breakout-retest-play, indicating strength in buyers. If this level holds, IOTA could see further upside! ? ⚠️ Trade Wisely! This is not financial advice—always manage risk and trade smart. ? Update by @mbarzakh | Follow for more crypto insights! ? Join TG: CMP Crypto Insights Thanks for your support! Keep sharing and engaging! ??
Technically solid setup for BINANCE:HBARUSDT : ? Consolidation after Nov-Dec rally at key Fibonacci support. ? Local accumulation above daily OB suggests reversal strength. ? Bottom structure forming, awaiting confirmation. ? Trade Plan: Long entry upon strong reclaim above $0.20. Targeting $0.28–$0.30 with momentum. ? Invalidation: Drop below $0.18 with strong impulse.
Everything is pretty much explained in the picture itself. I am Abhishek Srivastava | SEBI-Certified Research and Equity Derivative Analyst from Delhi with 4+ years of experience. I focus on simplifying equity markets through technical analysis. On Trading View, I share easy-to-understand insights to help traders and investors make better decisions. Kindly check my older shared stock results on my profile to make a firm decision to invest in this. Kindly dm for further assistance it is for free just for this stock. Thank you and invest wisely.
The Japanese yen has rebounded on Tuesday after sliding almost 1% a day earlier. In the European session, USD/JPY is trading at 150.11, down 0.39% on the day. The yen weakened to 150.94 in the Asian session, its lowest level since March 3. The Bank of Japan raised rates at the January meeting for only the third time since the central bank started its tightening cycle in March 2024. At the meeting, the Bank raised rates by a quarter point to 0.5%, its highest level since the 2008 global financial crisis. At the meeting, the BoJ revised upwards its inflation forecast as members have become more confident that rising wages will keep inflation sustainable close to the Bank's 2% target. The minutes noted that most members agreed that the likelihood of reaching the 2% target was rising. The minutes reiterated that the BoJ plans to continue to tighten policy, provided that growth and inflation outlooks match the Bank's forecasts. The BoJ has telegraphed that it plans to continue rates but has left investors guessing about a timeline. The most likely dates for the next rate hike are June or July. The BoJ held rates last week, warning of uncertainty in the global outlook, particularly the impact of the new US administration's trade policy. The BoJ is keeping a close eye on the upside risk of inflation, due to the potential of a global trade war as well as rising wages. Japan released BoJ core inflation, a key inflation indicator, earlier today. The February report came in at 2.2% y/y, unchanged from January and matching the forecast. BoJ core inflation remains at its highest level since March 2024.
The recent trend of USOIL has been continuously rising in a volatile manner, and the current intraday price has reached a three - week high. Currently, the bullish sentiment in the market is greatly influenced by fundamental news, mainly due to the combined effects of the United States increasing sanctions on Iran's energy and the ineffective and substantive implementation of the 30 - day cease - fire agreement between Russia and Ukraine. Analyzing the short - term trend from the one - hour chart of USOIL, during the US trading session last night, the crude oil price surged again, hitting the resistance of $69.5 in the market. However, after encountering resistance, part of the bullish momentum took profits and fled, and the price slightly retreated to the support of $69 without further decline. After today's opening, the bullish momentum was obviously insufficient, and the price did not rise further. The upper track of the Bollinger Bands extended downward, exerting pressure. The moving average of the Macd indicator formed a cross at a high level and has a downward extension trend, and the momentum column began to release downward. USOIL Trading strategy Sell@69.5-69 tp:68-67.5 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
EUR/USD pair, noticing a bullish momentum over the past weeks. However, you've pointed out that recent price movements have been aggressive, creating imbalances and inefficiencies in the market. These "gaps" in price action can lead to rapid movements without sufficient pullbacks, which could make it difficult for the market to fill orders properly. our trading setup mentions that there has been a break in bullish structure, which could signal a potential shift in market direction. Target Points to watch 1st Target: 1.0700 2nd Target Target: 1.06000 Overall, it's crucial to watch for signs of rejection at key support or resistance areas, and consider volume and momentum indicators to confirm whether the market will continue in the expected direction. Keep must like and comments for more analysis share with you Thanks For Support.
looking for potential buy opportunities if price breaks above the previous high; anything below that, the market could still go down. If you note the EU has been making lower lows for a while now, trying to buy this long-term would be trying to catch a falling knife- maybe for short-term buys, yes. The market is still in a 4th wave correction, and it doesn't show any signs of completion anytime soon, so let's just watch for now.
im expecting price to reject my point of resistance and drive down lower to the price levels in red it did make a nice set of higher highs but didnt break any structure on the daily you notice that the structure leading to my resistance has gotten shorter indicating weakness (clearer on h4) i made a post on the short as it hit 102k im just insighting more shorts ahead when reversal idk last post https://www.tradingview.com/chart/BTCUSD/TGxQjtxH-BEASTCOIN-FORECAST-126-000-or-BUST/ dont miss the 500 follower giveaway
If you can see at the ENJ History, it has done equal action in past.
Traders, please find below a comprehensive overview of key Bitcoin levels for strategic consideration. 1D: Resistance January Low: The price level of the January low (89.3k) acts as a significant horizontal resistance. Fibonacci Retracement: The 78.6% Fibonacci retracement level, drawn from the swing high of $93k to the swing low of $76.6k, sits right in line with the January Low. Downtrend Resistance: This trendline has consistently failed to break since the $109.4k top and gives additional resistance in the 89.3k area. Support: The price zone between $85.2k and $84.2k presents a critical area of interest. This zone contains the 200-day Simple Moving Average at $85.2k, the 50% Fibonacci retracement from the $93k top to $76.6k swing low at $84.8k, and the 38.2% Fibonacci retracement from the $76.6k bottom to the $88.8k peak, which coincides with a pivotal support/resistance level at $84.2k H4: https://www.tradingview.com/x/gj0AWEhM/ Resistance The confluence of the previous high ($88.3k Closing/$88.8k Overall) and the ascending channel resistance line right in the key area of $89.3k creates a significant resistance zone for Bitcoin on the 4-hour timeframe. Support: The previous range high, coupled with the 38.2% Fibonacci retracement ($83.7k - $88.8k swing), provides initial support. The critical $84.8k - $84.2k zone, marking the ascending channel's line in the sand, features confluence from the 78.6% Fibonacci retracement, channel support, and the key support/resistance level of the two-week range.