I just now opened a short position on aave. I anticipate that the market will start breaking back down soon from current prices based on my DTT strategy Direction, Target and Timing. Today is Trump bitcoin conference I think, haven't watched it but the PA suggest that we about to head lower so maybe whats being said or what was said is not pleasing for he market. If you would like to learn more about my DTT strategy, send me a dm, check out my X profile etc.
whats up TradingView community, I’ve initiated this open discussion to gather insights on the potential direction of Bitcoin in the coming months. I believe your collective experience can offer valuable guidance and help others enhance their understanding of key factors to watch for in Bitcoin."
Hello Trader ?? Support Zone: Strong bounce from 850-870, indicating a potential trend reversal. • Resistance/Target: Next key level at 998.76, where the price may face resistance. • Entry Confirmation: If the price sustains above 900-910, bullish momentum can continue. • Risk Management: If the price drops below the support zone, it may retest 850. Trading Plan ✅ Buy Above: 900-910 ? Target: 998.76 ? Stop-Loss: Below 870
Hello Trader ?? Analysis: GBP/USD has reached a key resistance zone around 1.29500, where price has shown signs of rejection. A potential bearish move is expected, targeting the 1.28000 and 1.27000 support levels. Key Levels: • Resistance: 1.29500 • Support 1: 1.28000 • Support 2: 1.27000 Market Outlook: • Price has tested the resistance zone and failed to break higher. • A downward move is likely towards the first support at 1.28000, with further downside potential towards 1.27000. • Confirmation from additional indicators (RSI, MACD) can strengthen the bearish bias. A break below 1.28000 may accelerate the decline, while any bullish breakout above 1.29500 could invalidate this setup.
In this BTCUSDT analysis, I am expecting a short-term bullish move into the highlighted supply zone around $88,200 - $89,000, followed by a strong rejection leading to a downward move toward $85,300 and potentially $82,000. Entry Zone: Near $88,200 - $89,000 Stop Loss: Above $90,015 Target 1: $85,300 Target 2: $82,000 The price structure suggests a liquidity grab before a potential bearish leg. If BTC fails to hold the $85,300 support, a deeper drop toward $82,000 is likely. Let me know your thoughts in the comments! ??
- IBM reversed from the support zone - Likely to rise to the resistance level 264.40 IBM recently reversed from the support area between the support level 247.25 (which stopped the previous minor correction a), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from January. The upward reversal from this support zone continues the active upward impulse wave 3 of the extended upward impulse sequence (5) from last year. Given the clear daily uptrend, IBM can be expected to rise further to the next resistance level 264.40 (top of the previous waves i and b).
- CAT reversed from the support area - Likely to rise to the resistance level 360.00 CAT recently reversed from the powerful support area between the key support level 314.60 (which has been reversing the price from last year), lower weekly Bollinger Band and the 50% Fibonacci correction of the upward impulse from the end of 2023. The upward reversal from this support zone is set to form the weekly Japanese candlesticks reversal pattern Hammer this week (strong buy signal for CAT). Given the weekly daily uptrend and still oversold weekly Stochastic, CAT can be expected to rise further to the next resistance level 360.00.
Full day analysis of the Wolf pattern, a decline to the target,
Toncoin (TON) is the native cryptocurrency of the TON (The Open Network) blockchain, originally developed by Telegram. USD Coin (USDC) is a stablecoin pegged to the US dollar, widely used in the cryptocurrency market. The trading pair TON/USDC represents the exchange rate between Toncoin and USD Coin.
Price is moving bearish with no bullish divergence. Entry is at retracement at LH.