Reddit's on support and looking to run to $284. Good luck!
The S&P 500 (SPX) just closed with a strong bearish candle, dropping -104 points (-1.71%), signaling a possible shift in momentum. The index is now testing a key support level near 6,000, and if this level breaks, we could see a sharper pullback. ? What’s Happening in the Market? 1️⃣ Rising Interest Rate Concerns – The Federal Reserve remains cautious about inflation, and recent economic data suggests they may keep rates higher for longer. This puts pressure on equities, especially high-growth stocks. 2️⃣ Earnings Season Uncertainty – Many companies are reporting mixed earnings, with some missing expectations. Weak guidance from major corporations could fuel more downside. 3️⃣ Geopolitical Tensions & Market Volatility – Ongoing global uncertainties, such as geopolitical conflicts and supply chain disruptions, are adding risk-off sentiment to the market. 4️⃣ Technical Breakdown Risks – The SPX is currently sitting near critical support at 6,000. If this level fails, we could see further selling pressure toward 5,920 - 5,880 and possibly as low as 5,773. ? What to Watch Next? ✅ Can the market hold 6,000 and bounce? Or will sellers push prices lower? ✅ Watch for reactions around 6,068 - 6,100—if the index struggles here, more downside is likely. ✅ Increased volatility means risk management is key—stay cautious, and don’t chase trades! ⚠️ Bottom Line: The market is at a turning point. If downside momentum continues, we could see a bigger correction. Stay alert and manage risk accordingly!
IOTA has been in a brutal downtrend since January 2022, but the TD Sequential is about to print a Red 13 on the monthly chart, suggesting this 3-year cycle is nearing exhaustion. Price action has already broken above the long-term trendline (since April 2021), retraced, and now looks to be bouncing off it—textbook confirmation that the macro structure is shifting. Let’s not forget that crypto tends to go parabolic in election years. If history repeats, IOTA could be one of the biggest gainers, targeting at least 20x—if not much more. What I’m Watching to Enter: ✔️ Feb candle closes below $0.27 → Confirms TD13 prints, and ✔️ Confirmation of a bounce, which could come from: Feb closing around $0.25 (above the 21 EMA), or A weekly close above $0.26 (above the 21, 50 & 100 EMA), or Breaking the 3-month downward trendline (since Dec), confirmed by price action above $0.27 in March (and no sooner). Could IOTA be one of the biggest comeback stories of this cycle? P.S.I’d also like to see fundamental justification for growth beyond the technicals. Can anyone speak to IOTA’s fundamentals? Is the tech still relevant and competitive? Is it being applied in real life? Any recent partnerships suggesting IOTA has a place in the future? P.P.S. Dash is also looking to print a TD13 in the coming months, but it looks like IOTA will move first. Dash chart incoming.
Price trending lower with momentum indicators trending higher. Selling overdone - a move above that resistance could be explosive.
Today's analysis will focus on crucial futures triggers for the New York session as usual. The recent news of the Bybit exchange hack will also be discussed to see its potential future impact on Bitcoin. ⏳ 2-Hour Timeframe As you can see, before the news of the Bybit hack, Bitcoin was moving upward and had broken through the 98482 region. However, upon the news release, Bitcoin began a sharp downward move, reaching the floor of the box at the 95108 area. ? Bybit was hacked for an amount of $1.5 billion, but it has been officially announced that the exchange can fully reimburse its users, indicating no long-term financial instability from the hack. The movement in Bitcoin seems to be a reactionary dip due to the sudden bad news, and I believe it won't have a lasting impact. ⚡️ However, what has become apparent is that the 95108 area is a very reliable and important region, which could become one of the key areas in the future. As you can see, I have maintained the triangle that the price had been reacting to over the past few weeks. If there is no reaction today, I will remove this triangle from the chart tomorrow since it appears that the price is more contained within the box between 95108 and 98482, and the expanding triangle is no longer visible. ✅ At this time, I cannot give a definite long trigger for futures as the 97816 trigger used previously has been removed. Such triggers lose their effectiveness after being activated once, and we need to wait for the price to form a new structure. ? A risky long position could be entered upon the breakout of 96516, which has already been activated. If you see a suitable candle with good momentum during a pullback to this area, you may consider entering. ? For a short position, the very clear trigger remains at 95108. If this area breaks, I personally will attempt to open a short position as the strong reaction to yesterday's news demonstrated that this support could be very significant. ? BTC.D Analysis The situation hasn't changed much, and Bitcoin dominance has been ranging as in the past few days. ? Still, if the 61.04 level breaks, it confirms a bearish dominance, and a breakout of 61.49 would confirm bullish dominance. https://www.tradingview.com/x/HdwOoIwC/ ? Total2 Analysis For Total2, the trigger activated yesterday was a fake-out, but it caused the trigger to shift. Currently, there is a very promising long trigger for Total2 at 1.26, which the price has reacted to very well, suggesting it is a reliable area. For short positions, entering upon breaking 1.19 could be considered. ✨ These positions are risky, and the main triggers are for breaking out of the box that lies between 1.16 and 1.28. https://www.tradingview.com/x/0qcszobw/ ? USDT.D Analysis USDT dominance reached the bottom of the box yesterday at 4.40 and showed a very strong reaction. Along with the Bybit hack news, it moved sharply upward to 4.62. ? Currently, dominance has been rejected from this area and returned to the middle of the box, indicating that the 4.40 and 4.62 levels are important for confirming positions. If either of these levels breaks, we can secure a long-term confirmation for the bullish or bearish direction of Bitcoin dominance. https://www.tradingview.com/x/QkMhiv59/ ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
#SUI has a nice pattern at the end of the chart we can see a clear triangle if the price crosses the confirmation line we have 2 levels as targets based on volume traded on these levels
https://www.tradingview.com/x/4EHrtoaF/ Hello,Traders! USD-JPY has almost Reached a horizontal Support level of 148.530 After trading in a strong Downtrend for some time So a local bullish correction Is to be expected with the Aim of retesting the Target level above at 149.665 Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
Retail traders are currently in a crowded short position with price beginning to reverse. We aim to capture the losses of retail traders in a short squeeze. Additionally, a Swiss Franc long position could work in both a risk-on and risk-off environment given its long standing reputation as a safe haven currency.
Let's go together to analyze and review one of the popular cryptocurrency coins and Bitcoin's second layer and update our triggers ? Overview Bitcoin Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together. This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames. https://www.tradingview.com/chart/BTCUSD/cR1i15pE-Univers-Of-Signals-Bitcoin-Daily-Analysis-13/ ? Weekly Timeframe On the weekly time frame, stx is one of the coins that started its upward trend before the start of 2024, which caused the formation of its ATH and new ceiling You can also see one of the best weekly trends in this coin, which is that after each time we hit this support trend line, we rose and made a sharper move. Also, when this trend line was broken, we made a pullback to it and as we had given the weekly exit trigger with a break of 1.299 in the previous analysis, after the break of the trigger of the trend line, we experienced a sharp decline and reached the support level of 0.796 and now we need to form a structure. https://www.tradingview.com/x/D4IqW8Lj/ ? Daily Timeframe On the daily time frame, but after the rejection of the important weekly resistance 2.745 and getting rejected, we started to correct the price and fall until this price correction turned into a trend change in the daily time frame After forming the lower ceilings and floors, we reached important support and the trigger for the spot exit, which after the daily failure and pullback to that daily candle, engulfed the previous 3 candles and caused further decline, which led to us reaching the important support of 0.859 Currently, after hitting the support of 0.859 twice, our fall volume has not increased much and it can be said that the sellers do not intend to take the price below 0.859 for the time being, and this will cause us to go into the range and form a new structure. However, I will open a short with a failure of 0.859, but there is no buying at the moment. https://www.tradingview.com/x/EElF7YWM/ ⏱ 4-Hour Timeframe We suffered enough in the four-hour time frame and formed a structure and we are in a range box that we can take a position from both sides ? Short Position Trigger For my short position I open a position with a break of 0.859 and accept the stop loss. Since it is an important support, I try to place my stop loss in a logical space and not make it small. ? Long Position Trigger For the long position, we have two triggers, one risky and one somewhat certain. You can open a position with a break of 0.953 and 1.005, respectively. The difference is that with a break of 0.953, the possibility of a stop loss is higher, and with a break of 1.005, the possibility of losing the position is higher. I choose to take the stop loss myself. https://www.tradingview.com/x/PjzjBZga/ ? Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends!
On the 19th of February XVGUSDT produced the highest volume ever on the daily timeframe. See chart below: https://www.tradingview.com/x/dUyYL66h/ This occurrence can signal the start of a new market phase. Good afternoon my fellow trader.... Here we can see a consolidation channel that is more than two years long. Each time this channel is violated it happens on the upper boundary, resistance, support remains unchallenged as Verge has been producing long-term higher lows. These are bullish signals. Now we have a very strong weekly volume bar after a mild corrective phase. We are looking at the start of a new bullish market phase. This is just a friendly reminder. Verge (XVGUSDT) is about to blow-up. Thank you for reading. Namaste.