Technical Analysis (TA) Overview META is currently trading near 701, in a downward channel after rejecting from 740. It recently found support around 690-695, which aligns with a key put wall support zone. If bulls can hold this area and push above 709-715, META could see a reversal toward 720-730. However, failure to reclaim 709 could lead to further downside toward 690-680. ? Key Support & Resistance Levels: * Resistance: 709.95 (resistance zone), 715 (gamma resistance), 720-730 (major breakout area) * Support: 695-690 (major demand zone), 680 (next strong put wall support) ? Indicators: * MACD: Bearish but showing early signs of flattening—possible shift. * Stoch RSI: Overbought at 81.78, meaning bulls may struggle for immediate upside. * Volume Profile: Heavy trading volume near 701-703, suggesting possible consolidation before the next move. Gamma Exposure (GEX) & Options Sentiment https://www.tradingview.com/x/2gBlAiJR/ ? Call Walls (Resistance): * 715: Short-term gamma resistance—bulls need to break this level for momentum. * 730-750: Major call resistance—META would need strong buying pressure to reach these levels. ? Put Walls (Support): * 690: Strong put support—buyers may step in here. * 680: If 690 fails, next major support zone. ? Options Sentiment: * IVR: 9.3 (low implied volatility—potential for a sharp move). * Call Open Interest: 16.9% – Low bullish positioning, indicating cautious sentiment. Trade Scenarios for Tomorrow ✅ Bullish Setup: * If META breaks above 709-715, expect a push toward 720-730. * Ideal entry: Above 710, stop-loss below 705. * Profit targets: 715, 720, 730 (extension). ❌ Bearish Setup: * If META fails at 709 and breaks below 695, expect a move toward 690-680. * Ideal entry: Below 695, stop-loss above 700. * Profit targets: 690, 680, 675 (extension). Probability Estimate for META’s Next Move: Bullish Move Above 709-715 (Targets 720-730) Scenario Probability (%): 45% Reasoning: META is attempting to bounce from key put support (690-695). • Needs strong buying volume to reclaim 709-715. | | Choppy/Sideways (Range 690-710) | 35% | - Volume profile suggests heavy activity around 700-703, meaning price could consolidate. * MACD is bearish but flattening, signaling indecision. | | Bearish Breakdown Below 695 (Targets 690-680) | 20% | - Put support at 690 is critical, but if it fails, bears could take control. * If selling pressure increases, expect downside to 680-675. | Final Thoughts * META needs to break 709-715 for further upside toward 720-730. * If 695 fails, selling pressure could increase, pushing price to 690-680. * Low IVR suggests a breakout is coming, but direction is uncertain. ? Best Trading Plan: * Bullish Play: Look for a breakout above 710 → target 715-730. * Bearish Play: Watch for rejection at 709-710 or a break below 695 → target 690-680. ? Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and trade with proper risk management.
? Market Overview (Palantir - PLTR) Trend: PLTR is experiencing a sharp correction after a strong parabolic rally. Key Levels: Resistance: $119.88 (Supertrend Level) Support: $106.89 (200 EMA), $107.00 (Recent Intraday Low) Indicators: EMA 9: $119.60 (Short-term trend resistance) EMA 200: $106.89 (Major support) MACD: Bearish crossover, momentum turning negative. RSI: 23.44, deeply oversold. ? Scalping Strategy ? 1. Rebound Scalping (High-Risk, Oversold Play) Buy near: $107-$109, targeting $115-$118. Sell near: $115-$118, targeting $110. Stop-loss: Below $106. ? 2. Momentum Scalping (If $115 Breaks) Buy above: $115, targeting $119-$122. Stop-loss: Below $113. ? 3. Breakdown Scalping (Bearish Play) Short near: $115-$118, targeting $110. Short below: $107, targeting $100. ? Mid-Term Trend Forecast (1-3 Weeks) PLTR is in a strong correction phase after a parabolic run-up. If $106-$107 holds, expect a bounce towards $115-$118. A breakdown below $106 could trigger further selling towards $100. ? News & Market Context PLTR surged due to strong earnings and AI hype, but overbought conditions led to profit-taking. Market is in a risk-off mode, which increases volatility. Institutional interest remains strong, but short-term downside risk is elevated. ? Decision: ? Short-term: Look for a bounce from $107, but manage risk carefully. ? Mid-term: Only bullish if price reclaims $115+. ? Ideal Play: Scalp longs from $107, short rejections at $115-$118. ? Final Verdict: PLTR is deeply oversold but still under correction pressure. Risk-to-reward favors a bounce, but failure to hold $107 could trigger a bigger drop. ? LucanInvestor's Quote: "Buying weakness takes courage—selling strength takes discipline." ?
DOGE/USDT 1H: Bearish Consolidation – Short Setup Targeting $0.24000? ? Follow me on TradingView if you respect our charts! ? Daily updates! Current Market Structure: Price at $0.25157 in a bearish trend with clear lower highs and lower lows. Currently consolidating in a tight range. Market Maker Activity: Distribution pattern is evident with multiple bearish blocks. Volume profile suggests accumulation at lower levels. Technical Indicators: No clear divergences present, supporting the prevailing downtrend. Trade Setup (Confidence 8/10): Entry: Look for a short entry in the $0.25300-$0.25500 range upon retest. Targets: T1: $0.24500 T2: $0.24000 Stop Loss: Place above resistance at $0.26100. Risk Score: 7/10 – Medium-high risk with a favorable risk-to-reward ratio if key levels hold. Recommendation: Short positions are recommended once a retest of $0.25500 is confirmed, as market makers appear to be distributing at higher levels, suggesting continued downside. ? Follow me on TradingView if you respect our charts! ? Daily updates!
? Market Overview (Meta - META) Trend: Meta is experiencing a correction after a strong uptrend. Price is currently testing support. Key Levels: Resistance: $714.65 (Supertrend resistance) Support: $701.54 (200 EMA), $690.00 (psychological support) Indicators: EMA 9: $703.49 (Short-term trend resistance) EMA 200: $701.54 (Crucial support level) MACD: Bearish crossover, weak momentum. RSI: 41.21, nearing oversold territory. ? Scalping Strategy ? 1. Range Scalping (Preferred Strategy) Buy near: $700-$702, targeting $710-$714. Sell near: $714-$715, targeting $700. Stop-loss: Below $698. ? 2. Breakout Scalping (If $715 Breaks) Buy above: $715, targeting $720-$725. Stop-loss: Below $712. ? 3. Momentum Scalping (For Quick Trades) Short near: $714-$715, targeting $702. Buy near: $700-$702, targeting $710-$714. ? Mid-Term Trend Forecast (1-3 Weeks) META needs to hold above $701-$702 to confirm a bullish continuation. If rejected at $714-$715, expect a pullback to $690. RSI indicates possible short-term downside before recovery. ? News & Market Context Meta remains one of the top-performing tech stocks, benefiting from AI and digital ad growth. Market-wide sentiment is mixed, with tech earnings and macro data influencing movements. Earnings guidance and institutional activity will determine future momentum. ? Decision: ? Short-term: Scalp between $700-$715, favoring long positions at support. ? Mid-term: Watch for confirmation above $715 for continuation. ? Ideal Play: Buy near $700, sell near $715, or long on a breakout. ? Final Verdict: META is at a crucial support level. A bounce could push it to $715+, but failure to hold could trigger a drop to $690. ? LucanInvestor's Quote: "Support and resistance define the game—trade within them or break through." ?
https://www.tradingview.com/x/NUvVQbVb/ Hello,Traders! SPY is trading in a strong Uptrend and the index made A bullish breakout of the key Horizontal level around 608$ So we are bullish biased and We will be expecting a further Bullish move up Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
The scene looks set for a long squeeze, likely with repeated lower lows, ultimately forming a spring, resulting in a breakout. There are many lines on this chart and they are all approximate. I'm attempting to keep a fluid grasp of the price action, while keeping a long squeeze in mind. My primary prediction is this: Price will break to a lower low 3 more times, but the lowest low will not form a new monthly low, staying above 91K before launching up to about 104K.
Robinhood Markets, Inc. (NASDAQ: HOOD) shares appear to have sold off after publishing its February 12th earnings report. Following the report's good news, the market gapped up on opening and triggered a buying surge, allowing professionals to sell. The next day, the price recovered on a significantly lower volume, indicating absence of the professional interest on the upside (weakness). Then, on February 18th, another selling took place, which absorbed the remaining demand and pushed the price below the low of the gapped-up bar. This is bearish behaviour. It has to be noted that there were a few more selling activities in December 2024/January 2025 (red rectangles), making the overall situation on the stock even weaker. Despite the serious weakness, we may still see a retracement up into the $62.09 - $65.21 area for either more selling or retesting of demand, after which a move down to the $41.04-$42.66 zone could be expected. In this case, the support might reappear around the $52.96 level and at the $49.56 - $50.19 area.
LINK/USDT 1H: Bearish Breakdown – Targeting $17.20 Support? ? Follow me on TradingView if you respect our charts! ? Daily updates! Current Market Structure: Price is exhibiting a bearish trend after breaking key support at $18.40. Current trading around $17.83 indicates further downside potential. Market Maker Activity: Distribution pattern is visible with lower highs and lower lows. Market makers are likely targeting liquidity around $17.20. Technical Indicators: Hidden bearish divergence on RSI reinforces the downtrend. Volume profile confirms ongoing distribution. Trade Setup (Confidence 7.5/10): Entry: Short entry on a retest in the $17.90-$18.00 zone. Targets: T1: $17.40 T2: $17.20 Stop Loss: Place above recent highs at $18.45. Risk Score: 8/10 – High-risk environment with a favorable risk-to-reward, provided key levels hold. Recommendation: Short positions are recommended once a retest of the $18.00 resistance is confirmed. Monitor volume closely and wait for confirmation before entering. ? Follow me on TradingView if you respect our charts! ? Daily updates!
Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a new SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook.  […] © 2024 TechCrunch. All rights reserved. For personal use only.
As illustrated, Im trying to visualize a falling wedge pattern into the 50% retracement of Monday's impulsive push, for what could be a potential buy point to continue the uptrend. Nothing to get fancy about. This is just a chart analysis based on a potential corrective pattern that could take place within the next 24 hours and into tomorrow's NY session. It could be NY to make the strong bounce tomorrow THU with the unemployment news as catalyst. Remember; news don't mean anything. They are just gas / power for the market to distribute and manipulate (find liquidity) ... .. GOOD LUCK