Yesterday, gold was very strong. The bulls rose from 2891 to 2937. There was basically no big retracement in the middle. The daily line closed with a big positive line again, and a new bull rose. Today, we will focus on the situation at 2942. The daily line has stopped at the position twice. If it cannot break through this time, the daily line will form a three-top pattern at this position. We will not guess the top. There is no doubt that the short-term strong bulls are strong. Today's idea is to do more first after the retracement. The big pressure will not pass at once. It will retrace and repair below 2942. The retracement and repair are our opportunities to do more again. Today, the Asian session will first see the retracement and then pull up. The first support for the retracement is around 2920. This position is still a pattern support. We consider it more when the white session is close to it. In addition, the strong support of the daily line has risen to 2906 and 2913. These two positions were strong pressures before, and now they are strong supports. The gold shock is quite severe. The daily line has experienced a high-level shock. We need to grasp its rhythm. Pressure 2942-2939, support 2920, strong support 2913 and 2906, the strength and weakness watershed of the market is 2920. Fundamental analysis Today, pay attention to the content of the Federal Reserve's monetary policy meeting minutes. Operational suggestions Gold-----More around 2920, target 2939-2956
ETH/USDT: Gearing Up for a Breakout Above Trendline Resistance Ethereum (ETH/USDT) is setting up for a major move ? as it approaches a critical trendline resistance level ?. The price has been consolidating within a tightening range, forming an ideal setup for a potential breakout ?. If ETH breaks above this resistance, we could witness a strong bullish trend unfold ?. Keep a close eye ? on this pair and wait for confirmation before taking action. Key Insights: 1️⃣ Trendline Resistance: ETH/USDT is approaching a key trendline that has historically acted as a strong barrier. A successful breakout could mark the beginning of a significant bullish rally. 2️⃣ Volume Surge: Watch for an increase in trading volume during the breakout to confirm strong buyer interest ?. 3️⃣ Bullish Indicators: Momentum indicators like RSI and MACD are showing signs of strength ⚡, adding to the breakout potential. Steps to Confirm the Breakout: ✅ Look for a clear 4H or daily candle closing above the trendline ?. ✅ A spike in volume during the breakout can confirm strong buying activity ?. ✅ A successful retest of the broken resistance as a new support zone adds further credibility to the move. ⚠️ Be cautious of fake breakouts, such as sharp reversals or wicks above the trendline. Risk Management Strategies: ? Use stop-loss orders to protect your capital. ? Ensure position sizing aligns with your overall trading strategy. This analysis is for educational purposes only and not financial advice. Always DYOR ? before making investment decisions.
Hello Traders ? In my last idea, I discussed the potential short-term pump for altcoins, which you can check out here: ? https://www.tradingview.com/chart/BTC.D/k5Nf4yCq-Beginning-of-the-altseason-or-the-last-shakeout/ As you can see in the chart above, BTC.D dropped exactly as I predicted—so congratulations to all my dear followers who took advantage of it! But what now? Despite the recent dumps in the market, I still strongly believe that 64% was the top for BTC.D. Let me explain why: 1️⃣ The chart shows a rising wedge pattern, which is typically a bearish formation. 2️⃣ If BTC.D moves higher again, in my opinion, it could form a double top, making the chart look even more bearish! 3️⃣ Most altcoins are currently experiencing a severe decline, but in the past few days, ETH has shown slight outperformance over BTC, which is a bullish sign. 4️⃣ Always remember that technical analysis is about learning from history and acting accordingly. So far, we have never seen a bull market peak when BTC.D is at such a high level, and the Altcoin Season Index is still around 30%. I hope you enjoyed this idea! ? Stay sharp, trade smart! – KIU_COIN ?
Price made a zigzag for wave 2 and find resistance just below the terminal point of wave 1. Currently price have finished the first motive waves down signifying resume of bearish momentum. If this count is correct we should expect price to pullback and find resistance around the golden zone (fib retracement 50%-61.8%) then continuation to the downside will be expected around this area.
The star of the day? NASDAQ:STAI delivered a 21% profit for the second time! https://www.tradingview.com/x/5WGIHWCZ/
Hey traders, Gold has reached the strong resistance level $2940. It's currently making a small pullback. If price can break above $2943, continue to buy. If price break below $2924, consider to sell for short term, target $2910. ______________________________ TIMEFRAME : H1 Trade with proper risk management.
Daily live trade with XAUUSD in 15m/30m/1h 20250219
Again, like I said with Ruger, now that Republicans hold the power in the American government, it makes sense to invest in arms/defense manufacturers.
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Sie sind nicht das erste Pärchen, dass sich im TV das Jawort geben will: Cosimo und Nathalie nehmen ihre Fans bei ihrer gemeinsamen Hochzeitsplanung mit.