Key Observations: 1. Uptrend Confirmation: The price is following an upward trendline, acting as dynamic support. The breakout above the resistance zone (green/yellow area) suggests bullish momentum. 2. Trade Setup: Entry Point: Around $2,944.280 Take Profit (Target): $2,980.411 (Green shaded area) Stop-Loss: $2,928.839 (Red shaded area) 3. Technical Analysis: The price has cleared a key resistance level (yellow zone) and is now expected to continue rising. The risk-reward ratio appears favorable, with a tight stop-loss and a larger potential profit range. The black arrow indicates the projected bullish move. Conclusion: This is a long (buy) trade setup, expecting Gold to move toward $2,980.411 while managing risk with a stop-loss at $2,928.839. The trader is betting on continued bullish momentum. Are you planning to enter this trade or waiting for further confirmation?
Buy at current price to Fibonacci 0.50 Good luck
COQ Inu, the #1 memecoin built on the Avalanche (AVAX) blockchain, has emerged as a standout contender. Despite a recent drop from its all-time high market cap of $400 million to $80 million, technical and fundamental analysis suggests that COQ Inu is gearing up for a potential 300% surge, which could propel its market cap back to $100 million and beyond. Technical Analysis The chart patterns for COQ Inu reveal a compelling story. After a significant correction from its peak, the coin is now showing signs of consolidation, with key indicators pointing to an impending breakout. Here’s what the technicals are saying: The RSI, a momentum oscillator that measures the speed and change of price movements, currently stands at 63.31. This indicates that COQ Inu is neither overbought nor oversold, but rather in a healthy position to potentially initiate another leg up. An RSI above 50 typically signals bullish momentum, and with the current reading, COQ Inu is primed for upward movement. The 38.2% Fibonacci retracement level is acting as a strong support for COQ Inu. In the event of a pullback, this level is expected to hold, providing a solid foundation for the next upward move. However, a break below this level could see COQ Inu testing its 1-month low, which would be a critical point for traders to watch. A breakout above the 1-month high pivot could serve as the catalyst for the anticipated 300% surge. Such a move would not only validate the bullish sentiment but also attract new investors looking to capitalize on the momentum. The 1-month high pivot is a key resistance level, and a decisive break above it could trigger a significant upward trajectory. Market Position and Potential Currently ranked #425 on CoinMarketCap with a live market cap of $81 million, COQ Inu has already established itself as a significant player in the memecoin arena. With a circulating supply of 69.42 trillion COQ coins, the coin’s low price per unit makes it accessible to a wide range of investors. The potential for a 300% surge could see COQ Inu’s market cap reach $200 million, placing it among the top memecoins in the market.
The image is for illustrative purposes only; the Elliott wave levels need confirmation and are currently just indicative of a possible movement. This is not financial advice. As I mentioned in my previous post, BlackBerry is showing bullish momentum in the short term, and in my opinion, this could be the beginning of a broader long-term uptrend. It’s a fractal movement, like a matryoshka doll. Over the past few months, many institutions have acknowledged the profound shift in BlackBerry’s business model, which is now centered around IoT and secure communications. In my view, it remains one of the most undervalued companies today—but that’s just my opinion. Time will tell what the future holds.
Alibaba Shares (BABA) Hit 12-Month High Ahead of Earnings Report Chinese e-commerce giant Alibaba is set to release its quarterly earnings report on 20 February. The Wall Street Journal cites optimistic analyst estimates, projecting gross revenue of 279.03 billion yuan (approximately $38 billion), up from 260.35 billion yuan a year ago and 236.50 billion yuan in the previous quarter. Investor sentiment has been buoyed by Alibaba co-founder Jack Ma’s presence at an event with Chinese President Xi Jinping. According to Barron’s, this signals government efforts to restore confidence in the private sector, particularly in technology. At present, such factors may be having a greater impact on the stock market than geopolitical headlines or Trump’s tariff policies. These and other drivers—including a recent partnership between Alibaba and Apple to integrate AI features into the iPhone 16 series—have fuelled bullish momentum. As a result, Alibaba shares (BABA) have surged nearly 20% in February, reaching their highest level since February last year. https://www.tradingview.com/x/CDRxJaYW/ Technical Analysis of Alibaba Shares (BABA) In our previous analysis on 29 January, we noted that BABA’s price movements were forming key levels for an Andrews' Pitchfork pattern, indicating a bullish outlook. Currently, the price has: → Surpassed the October high near $118. → Gained bullish momentum after consolidating around the psychological $100 level. The RSI indicator signals overbought conditions, suggesting a potential correction. However, given the strong news flow, any pullback may be shallow. Alibaba (BABA) Stock Forecasts According to BarChart, after years of underperformance, many investors are looking at China with renewed optimism for 2025. Hedge fund Appaloosa Management’s founder and president, David Tepper—whose net worth stands at $21.5 billion—recently acquired Alibaba shares, as per the latest 13F filings. He may believe that the Chinese stock market is significantly undervalued, based on the “Warren Buffett Indicator,” which compares a country's total market capitalisation to its GDP. A ratio below 100 suggests undervaluation, while a higher figure indicates overvaluation. Currently, China’s market cap-to-GDP ratio stands below 70%, compared to over 200% for the US. Tepper is not alone in his bullish stance. According to TipRanks: → 7 out of 8 analysts surveyed recommend buying BABA shares. → The average 12-month price target for BABA is $129.13. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
GBP/USD is currently consolidating within an ascending triangle formation on the 1-hour timeframe, suggesting a potential bullish breakout. Price has been respecting the horizontal resistance around 1.2641 while forming higher lows, indicating strong buying pressure building up. A breakout above 1.2648 could open the path toward the next key resistance at 1.2688. If price breaks below the ascending trendline, key support levels to watch are 1.2548 and 1.2501. A confirmed breakout with volume could present a solid long opportunity, while a breakdown may invalidate the setup. Will the bulls push GBP/USD higher, or will the bears take control? Let me know your thoughts in the comments!
Following the news release, OANDA:XAUUSD market surged higher, reaching the resistance zone/equal highs level. Currently, the price is testing the previous week high, and it may close above it. Historically, the market often breaks and closes above a key level on the third or fourth attempt. Considering the current bullish momentum, we could see the price surge towards the 3000 level this week. If the price pulls back, it may form an ascending triangle pattern, a trend continuation pattern. Overall, I expect the market continuing to push towards higher levels. My goal is resistance zone around 2975. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
Hathway cable is coming to an interesting level....Long term support....a term that is loosely thrown around.....In this market no support is dependable.....Buy a stock at support and pray to the Trading Gods it will bounce.....In any case, prayers aside, Hathway Cable could bounce from here, I have initiated some buys, multiple sell orders till 75......start praying....
Hello, Skyrexians! Last 2 months BINANCE:BTCUSDT is struggling to continue growing and as we can see most of traders now are sure that bear market has been started already, but this time can be really different and this rally can lasts much longer than usual. On the weekly time frame we can see that Fractal Trend Detector shows the strong bullish phase. Price was not able even to break the green support zone on the indicator. We suppose that the wave from $15k to FWB:73K was just the wave 1 inside global wave 3. After that price retraced almost to 0.5 Fibonacci level and now this is wave 3 in global wave 3. This wave has a target zone between $140k and $200k. Currently price is finishing subwave 2 in wave 3. It looks like a flat correction. So, the target is not so deep, at 0.38 Fibonacci at $86k. From there we expect the huge rally inside the most impulsive wave C. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Nifty will reach out till 23100 in 20 feb. If it breaks 23100 it has a uptrend. But if it reverses after 23100 we can expect another downtrend till 22700