? Market Overview: The price is in a downtrend but showing signs of potential reversal. Currently trading near 0.1264, close to key support (0.1644). The falling wedge/descending channel suggests a possible breakout. RSI bullish divergence indicates weakening bearish pressure. ? Trade Plan: Long Position (BUY Setup) ? Entry: At Current Market Price (CMP) ~0.1264 ? Take Profit Targets: First Target (Resistance Level): 0.1644 Second Target: 0.22 - 0.25 (Next major resistance) Final Target (Long-term Potential): 0.30 - 0.35 ? Stop-Loss: Below 0.1152, as a break below this level invalidates the bullish setup.
boost and follow for more! ? could push to 359-416 short term before it tops out, from risk reward perspective theres much better options in this market. I personally wouldn't chase this one to the upside with so many options out there, big money may think the same and sell it off. Id be a buyer at trend support or near it.
Ethereum price has been choppy and low in volume since it's major dump during the week. And still can't get passed the minor resistance zone, from which I'm capitalizing on to the next major Support in confluence with the diagonal Support Trendlines. So let's see how price moves. The_KLASSIC_TRADER.
Good luck seeing this level again :) This is my kiss you goodbye level. I've had this level drawn for some time now and it's been so well respected! This contradicts my Eliot Wave theory being the 4th wave but this level is awesome! Maybe emotional but, this level is key! Lose it then yes probably more downside. As long as were above, were kicking ass! To the upside!
Sell after bearish candle stick pattern, buy after bullish candle stick pattern.... Best bullish pattern , engulfing candle or green hammer Best bearish pattern , engulfing candle or red shooting star NOTE: IF YOU CAN'T SEE ANY OF TOP PATTERN IN THE ZONE DO NOT ENTER Stop lost before pattern R/R %1/%3 Trade in 5 Min Timeframe, use signals for scalping
When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may breakout above the upper trend line.
boost and follow for more? its been in a bearish downtrend all year, but it finally head a breakout last week, now look for a push to 111-127 ? After 127 the rally may slow down, profit taking and consolidation before we build a base for the next leg up to 150-200 ? side note: AMD was really good to me last week, paying 200%+ in call options, it didn't have a crazy upside move either my entries were just perfect, and i had really good exits too. I think when momentum is fully back on this stock the options will payout more than 200% ⚡ current chart request list: NVDA-XYZ-USO-HOLO-ZTS-PLTR-AAPL-SMCI-SPY-MELI-APP-V-SOUN-PLTR
The Nasdaq 100 (US100) recently broke below its long-term ascending channel, signaling a potential shift in market structure. A Break of Structure (BOS) around the 19,800 level suggests that sellers are taking control, with a possible retest of the 19,700 - 20,200 supply zone before further downside. The price action indicates a liquidity grab above 20,758, followed by strong bearish momentum, confirming institutional participation. Additionally, a fair value gap (FVG) between 19,000 - 18,155.9 suggests that price may seek to fill this imbalance before reaching demand at 18,155.9 - 17,699.3, with a deeper support zone at 16,572.0 acting as a key target for bearish continuation. From a fundamental perspective, ongoing US-China trade tensions, particularly restrictions on semiconductor exports, could weigh on major tech stocks such as Nvidia and AMD. If China retaliates with bans on rare-earth metal exports, it could disrupt global supply chains, further pressuring the Nasdaq 100. Additionally, Federal Reserve policy uncertainty plays a crucial role. If inflation remains stubbornly high, the Fed may delay rate cuts, leading to higher bond yields, which typically make riskier tech stocks less attractive. This environment could drive further downside for Nasdaq-listed companies. Moreover, the upcoming earnings season presents another risk. If major tech firms like Apple, Microsoft, and Google report weaker-than-expected earnings or issue cautious forward guidance, investor sentiment could deteriorate, accelerating the bearish trend. Given this confluence of technical and fundamental factors, a short trade setup becomes favorable. The ideal entry would be around the 19,700 - 20,200 supply zone, with a stop-loss above 20,500 to invalidate the bearish setup. Take profit targets include 18,155.9 (first demand zone), 17,699.3 (major liquidity level), and 16,572.0 (higher timeframe support and strong demand zone). However, if price reclaims 20,500+, a bullish reversal may occur, with potential upside towards 22,138.3. This trade aligns both Smart Money Concepts (SMC) and supply and demand principles, while also factoring in macroeconomic risks that could influence Nasdaq 100 price action in the coming weeks.
Many traders were so stoked about shorting LayerZero (ZRO) In this video, we cover the possible levels where we can short this coin. Follow and hit LIKE for more altcoin videos. Thanks!
Here mini range .. Elliot 12345 perfect 1:1 extension drawn from 1 to 2 to 3 .. (MAX) 1.272 .. before upward momentum. My technical! Dump before a pump :)