NEAR Protocol (NEARUSDT) has been in a correction pattern since March 2024. It has been sideways within a wide range for an entire year. The baseline, or long-term support, matches the 0.786 Fib. retracement level for the bullish wave that developed between late 2023 and early 2024. Current price action is happening above this level. Once resistance turned support. The lowest price since January 2024 was hit just four days ago, 4-March. While this level was a more than a year long low, trading volume was very low. Even on the 2-Feb. drop bear volume was already dropping. Ever since the peak in March 2024, with each successive drop this pair produces, trading volume continues to drop. Revealing a weakening bearish trend. A trend weakens when it is reaching its end. But this isn't really a bearish trend but more like a long-term, wide consolidation pattern. It is classic pre bull-market action. There is a long-term lower high but the bottom is flat. When the next bullish wave develops, which is what will happen as the correction ends, the candles that we are seeing now will become almost invisible, same as if you were to look to the deep left side of the chart. Each time bull-market action develops, the preceding candles become really small. This is because bull-markets tend to produce growth that is out of proportion will all previous price action. NEAR Protocol will hit new All-Time Highs. This is certain. It will be amazing and this amazingness is starting in a matter of days. It will take months and months and months for the complete bullish cycle to reveal itself, but it will start within days. It tends to start low. Slowly but surely momentum grows, and as if it was never happening, the next moment we are here trading and exchanging, the entire market is experiencing growth. We will be chatting and exchanging, having fun as our profits grow. Thank you for reading. Allow me to be your guide. It will be a tour that will not only change our lives but also the world. Namaste.
TAO appears to be forming a new corrective pattern from the point where we placed the red arrow, with its wave C potentially completing within the green box. We are looking for buy/long positions in the green zone. Targets are marked on the chart. A daily candle closing below the invalidation level will invalidate this analysis. invalidation level = 150$ For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Back again with a TVC:DXY doomsday post my judgement at the moment is based of the following reasonings. ? Tariffs & Global Trade Impact Tariffs weaken trade activity: If the U.S. imposes tariffs, it might reduce export competitiveness and disrupt global supply chains. That can lead to lower foreign demand for U.S. dollars, putting downward pressure on the DXY. Market uncertainty: Investors often move away from riskier assets during trade wars, but if confidence in the U.S. economy declines, they might shift into other safe havens (like gold or the Swiss franc) instead of dollars. ? Money Supply Contraction Dollar scarcity effect: The contraction in M2 money supply could strengthen the dollar temporarily due to reduced liquidity. However, if the Fed eases monetary policy to counter recession fears, it might reverse the effect, weakening the dollar. ? Inflation & Real Interest Rates Sticky inflation: If inflation remains above target (around 2.9%), and tariffs drive consumer prices higher, the Fed may face pressure to hold or hike interest rates — which could eventually support the dollar. Recession signals: On the flip side, if the economy contracts, rate cuts could come into play, flooding markets with liquidity and pushing the dollar down. in my opinion the shrinking money supply points to future deflationary pressures, which historically support the dollar however disruptive trade policies could destabilize growth, undercutting the dollar’s strength. If tariffs intensify and growth stalls, the dollar may stay weak or decline further despite the contracting money supply. But if the Fed stays firm on inflation control and global instability rises, the dollar could rebound as a safe haven... though this would depend on whether markets believe the U.S. can avoid a full-blown recession. Like Comment Follow Tip Gift its appreciated for more serious work like this.
Sentiment: Neutral, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 8760, followed by 8910 and 9000. Support: Key support is at 8620 followed by 8536 and 9000. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Based On My Trading Algorithms SMCI Is About To Move Down 70% !!!
_EUR/USD Potential Breakout and Sell Zone:_ A potential breakout below the 1.07774 level is expected in the EUR/USD pair, which could become a sell zone. This breakout would suggest that the pair has gained significant bearish momentum and is likely to continue falling. _Potential Sell Zone:_ 1.07774 _Target Levels:_ - _TP1: 1.06043_ - _TP2: 1.04925_ - _TP3: 1.03572_ _Reasons for the Potential Breakout:_ 1. _Technical Breakdown:_ The EUR/USD pair is approaching a key support level, and a breakout below this level could indicate a potential change in trend. 2. _Momentum Indicators:_ The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators are showing bearish signals, indicating a potential decline in prices. 3. _Fundamental Analysis:_ The EUR/USD pair has been influenced by negative economic data from the Eurozone, including low inflation and weak growth. _Evidence:_ 1. _Chart Patterns:_ The EUR/USD pair is forming a bearish chart pattern, indicating a potential decline in prices. 2. _Candlestick Analysis:_ The pair is forming a bearish candlestick pattern, indicating a potential change in trend. 3. _Technical Indicators:_ The pair's technical indicators, including the RSI and MACD, are showing bearish signals. _Trading Strategy:_ Sellers may look to enter the market at the potential sell zone of 1.07774, with a stop-loss above 1.09167. The TP levels can be used to take profits, or to adjust the stop-loss to break-even. Remember Travis with best wishes?
Bullish Trend HH and HL No divergence Parallel Channel No Reversal Pattern
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hi traders, Let's have a look at SPX. There are bullish divergences in the 4-hour time frame. We should get a small bounce, but as the higher time frames are still bearish, I expect this bounce to be short-lifted. Anyway, it's an opportunity for the Bulls to play the long position. The target is show on the chart.
Sentiment: Bullish INTRADAY, Price action is consolidating in a tight trading range. Resistance: Key Resistance is at 23460, followed by 23900 and 24033. Support: Key support is at 22843 followed by 22520 and 22220. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.