Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1M chart) https://www.tradingview.com/x/3ae1B7NW/ The key is whether it can receive support near the important support and resistance area of 2513.01-2706.15 and rise above the M-Signal indicator on the 1M chart. If it fails to rise, you need to stop trading and check the situation. The reason is that there is a high possibility of further decline. - (1W chart) https://www.tradingview.com/x/jWyJrAlK/ In order to turn into an uptrend, it is expected that the price will have to rise above 2706.15 at least to maintain it. The reason is that the M-Signal indicators on the 1W and 1M charts are likely to cross near that point. If it falls below 2316.10, it is likely to fall until it meets the HA-Low indicator. Since the HA-Low indicator is likely to be newly created as the price falls, it is important to see if there is support near it if it is newly created. The HA-Low indicator is currently formed at 1340.12. - (1D chart) https://www.tradingview.com/x/2ieLZgOq/ The key is whether it can find support near 2316.10-2513.01 and rise above 2674.15. If it fails to rise, it is likely to show a step-down trend. Since it has currently fallen below the M-Signal indicator of the 1M chart, it can be seen as a downward trend from a long-term perspective. However, since the transaction with the M-Signal indicator of the 1M chart is not far away, it is thought that it is likely to rise. Therefore, the HA-Low indicator point of 2674.15 is likely to be the high point of the rebound. - Basically, the time when we can trade is when the price rises above the M-Signal indicator of the 1D chart and maintains the price. And, when the M-Signal indicators of the 1W and 1M charts are aligned. Otherwise, the transaction must be short and quick. When the downtrend begins during spot trading, it becomes busy. The reason is that we need to increase the holding quantity. There are two ways to increase the number of holdings: investing a lot of money to buy, and increasing the number of coins (tokens) corresponding to the profit. If you have a lot of cash or about 20% of the total investment, you can use the method of buying when the M-Signal indicator on the 1D chart rises above the level and making a profit. - If you have little or no cash, you will eventually have to sell the coins (tokens) you currently have and buy them again to increase the number of holdings. In other words, when there is a rebound, you should sell part of the purchase principal, and when there is a decline, you should buy back the amount you sold. The ultimate goal of this method is to recover all of the purchase principal and hold the remaining number of coins (tokens). I think there is no better way for long-term investment. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) https://www.tradingview.com/x/WBuhqVrT/ Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) https://www.tradingview.com/x/YtZx6YSG/ Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, I expect that we will not see prices below 44K-48K in the future. - https://www.tradingview.com/x/zTnWN2r7/ The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
IBIT Ishares Bitcoin trust 24hr potterbox with bull flag. It looks like we have thrown a bull flag on the Bitcoin trust. $48.49 is the line in the sand for me. It looks like it wants to bounce. let pray that it bounces and pays off big. or it could go on down to $41.28. due to the empty space to the left i have marked it.well just keep a eye on it. Happy Trading
This is it! Good afternoon my fellow Cryptocurrency trader, we are ready and live today. Solana's low has been hit. Are you a Solana trader, buyer, holder? Are you a Solana fan? If yes, I have great news for you. The low is in! Solana's low has been hit. Get ready for a massive bullish phase. ➖ Technical Analysis SOLUSDT just activated a very strong support zone. This is the support zone that was created between June and October 2024. A consolidation phase that lasted more than four months and launched a bullish wave that peaked at $296. This same support range is now being activated with a higher low, and this will lead to a new market phase, the 2025 bull-market. A higher low leading to a very strong higher high; a new All-Time High plus much more. Easy target here is set around $379 but there is room for more, much more because we are about to experience long-term growth. First, we will have three months green, that is March, April and some May. Then likely a correction and then additional growth leading to the bull-market bull-run phase. This is a rough presentation, we will go deeper as we study together the market and the charts. Huge profits will be made. This is fun. This is awesome. We are ready to trade. Thank you for reading. Namaste.
Less than a week after hackers stole over $1.4 billion from Bybit, CEO Ben Zhou is launching a counteroffensive against the North Korea-affiliated Lazarus Group.
Anthropic’s newest flagship AI model, Claude 3.7 Sonnet, cost “a few tens of millions of dollars” to train using less than 10^26 FLOPs of computing power. That’s according to Wharton professor Ethan Mollick, who in an X post on Monday relayed a clarification he’d received from Anthropic’s PR. “I was contacted by Anthropic who told me […] © 2024 TechCrunch. All rights reserved. For personal use only.
Perplexity, the developer of an AI-powered search engine, is raising a $50 million seed and pre-seed investment fund, CNBC reported. Although the majority of the capital is coming from limited partners, Perplexity is using some of the capital it raised for the company’s growth to anchor the fund. Perplexity has reportedly raised $500 million at […] © 2024 TechCrunch. All rights reserved. For personal use only.
Amy Gleason is named as the acting administrator of DOGE, amid ambiguity over Elon Musk's role. © 2024 TechCrunch. All rights reserved. For personal use only.
On Tuesday afternoon, Anthropic launched Claude Plays Pokémon on Twitch, a livestream of Anthropic’s newest AI model, Claude 3.7 Sonnet, playing a game of Pokémon Red. It’s become a fascinating experiment of sorts, showcasing the capabilities of today’s AI tech and people’s reactions to them. AI researchers have used all sorts of video games, from […] © 2024 TechCrunch. All rights reserved. For personal use only.
Traders should be alert to the growing risk of a downside move in gold. Bullish momentum underpinning the rally has weakened over recent weeks, alongside shaky price action. RSI (14) has diverged from price, setting lower highs even as the latter briefly hit record levels. The bearish momentum signal has been confirmed by MACD, which has turned lower decisively. While bulls defended uptrend support on Tuesday, resulting in a decent bounce, that’s unlikely to perturb bears given the increasingly unconvincing technical picture, punctuated by the bearish engulfing candle delivered during the session. If we were to see a sustained break of the uptrend, keep a close eye on the price action around $2882.40—a level bullion tested either side on multiple occasions earlier this month. A break below could open the door to $2390. Good luck! DS
Polkadot resting on top of an algorithm support. Expecting bulls to defend this level. Opportunity given the right conditions. NFA