Charts point to a run to the upside in Robotics over coming number of weeks.
Looks like MAG 7 about to have another leg higher (circa +10%)
Good Evening and I hope you are well. comment: As expected after yesterday’s cpi reversal, bears are not strong enough and bulls wanted a higher high badly. Now a new ath is much more likely than prices below 21800. Max bullishness would be if we stay above 22k but everything above 21900 is ok for the bulls. We have a decent channel on the 1h tf but it’s not steep enough to get to 21400 tomorrow. So it’s probably best to pay more attention to the lower trend line and not looking to short the upper one. current market cycle: trading range key levels: 21800 - 22500 bull case: Bulls now only need to keep it above 21900 and bears can’t hold shorts on this. We could easily print 22500 or higher tomorrow. Today we had wild swings on smaller time-frames so I doubt many bulls would want to buy the highs but we should know an hour into the Globex session if we can expect sideways to down first or if bulls just keep it above 22k in fear of not getting enough points to the upside. Odds are good for a max long day tomorrow. Invalidation is below 21900. bear case: Bears can scalp short on new highs but the risk of getting trapped if we break above was never higher this week. If they somehow manage to get below 21900 again, the bull case would be in trouble but for now we are making clear higher highs and higher lows. Could bears stay below 22100 tomorrow and break sideways out of the channel? Yeah but we closed at 22094. If Globex sells-off hard, might happen but I doubt it. Bears do not have much here. Invalidation is above 22150. short term: Clear plan. Stay above 21900 and long for 22400+. Dip below and see if bears can generate follow-through. Leaning heavily bullish though. medium-long term - Update from 2024-02-09: Another lower high but also higher lows. Bears are not doing enough, so we are in a trading range below the ath. We are close to it that there is always the possibility of printing a higher high again. Bears need lower lows below 20600 before we can talk about 20000 again. trade of the day: Strong selling on the open but by now everyone knows bears are only getting trapped this week, so buying around 21750 was where market found support late yesterday and we dipped only 6 points below the low from yesterday evening. Market refused to go down after the early EU session selling was done, so long it was. The pullback from 22000 down to 21890 was deep and holding longs through it was tough but if you look at the 1h chart at the end of the day, it was much more bullish than lower time-frames suggested.
The BYBIT:GMXUSDT.P price is consolidating after a sharp decline and is currently hovering around $19.870. A breakout above resistance or a drop below support will define the next move. Two possible scenarios: ? Bullish scenario: Holding above $20.480 activates a long setup towards $22.025. ? Bearish scenario: Losing $19.220 confirms a short setup towards $18.040. ⚡ Best approach – place both scenarios in your watchlist and wait for confirmation. ⚡ This allows traders to avoid guessing and enter only after confirmation. ⏱ 1H Timeframe ━━━━━━━━━━━━━━━━━━━━━━ ? LONG BYBIT:GMXUSDT.P from $20.480 ? Stop Loss: $19.870 ✅ Overview: ➡️ BYBIT:GMXUSDT.P is stabilizing around $19.870 - $20.065 (POC), the key liquidity zone. ➡️ The price is attempting a recovery but hasn’t broken $20.210 yet. ➡️ A confirmed breakout above $20.480 would open the way toward $21.250 and $22.025. ⚡ Plan: ✅ Bullish confirmation requires a breakout above $20.480 and consolidation. ✅ Monitor reaction at $20.065 (POC) – the key volume zone. ✅ If the breakout is weak, a pullback to $19.770 is possible. ? Take Profit targets: ? TP1: $21.250 – local resistance. ? TP2: $22.025 – main profit-taking zone. ? BYBIT:GMXUSDT.P is testing a key level — waiting for a breakout signal! ━━━━━━━━━━━━━━━━━━━━━━ ? SHORT BYBIT:GMXUSDT.P from $19.220 ? Stop Loss: $19.770 ✅ Overview: ➡️ If the price fails to break $20.065 and starts dropping, a test of $19.220 is expected. ➡️ A breakdown below $19.220 could trigger a move toward $18.655 and $18.040. ➡️ Volume indicators suggest possible distribution, increasing bearish pressure. ⚡ Plan: ✅ Bearish confirmation requires a break below $19.220 and consolidation. ✅ Watch reaction at $19.770 – if it holds, a reversal could form. ✅ If selling pressure increases, the drop could accelerate. ? Take Profit targets: ? TP1: $18.655 – intermediate support. ? TP2: $18.040 – deep correction. ? BYBIT:GMXUSDT.P is at risk of a breakdown — expecting a move to $18.040!
? MUTHOOT FINANCE – Breakout Stock Alert! ? Muthoot Finance has given a strong breakout, backed by solid fundamentals and increasing investor interest. The stock is showing high momentum with a surge in volumes, indicating strong buying pressure. ? Key Highlights: ✅ Breakout Confirmation: Price action suggests a sustained uptrend. ✅ Strong Fundamentals: Consistently delivering robust financial performance. ✅ Sector Strength: NBFCs are gaining traction, making Muthoot Finance a prime candidate for further upside. ✅ FII & DII Interest: Increasing institutional participation adds confidence. ? Keep it on your radar as it could be heading towards new highs! ? Disclaimer: This is purely for informational purposes and not a recommendation to buy or sell. Investors are advised to conduct their own research and risk assessment before making any investment decisions, as stock markets are subject to volatility and risks.
Bitcoin dominance has reached a key resistance level at the top and is currently in a critical zone. If it gets rejected from the red box, we could see a green market this month. Let's see what happens! For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Harmonic, good economic data for stonks, retail sales Friday likely hot and good for Apple and big tech, tariff worries fading and china heating up! Watching Feb 14/21/28 ITM/OTM calls.
Crypto Market Update: Several Breakouts in Progress Right Now CRYPTO:TRUMPOFUSD CRYPTO:BTCUSD CRYPTO:ORNUSD CRYPTO:ALEOUSD CAPITALCOM:FILUSD CRYPTO:MOBILEUSD CRYPTO:SHPINGUSD COINBASE:TRUMPUSD In this video, I analyze several ongoing and potential breakouts across multiple crypto assets, identifying key technical patterns, support and resistance levels, and volume trends. While meme coins aren’t typically my preference, the Trump meme coin COINBASE:TRUMPUSD has shown strong market participation, making it an interesting trade. Aleo CRYPTO:ALEOUSD has been in a prolonged downtrend but is now showing signs of a confirmed bottom with increasing volume. Helium Mobile CRYPTO:MOBILEUSD is presenting a well-structured W-reversal, which often leads to strong breakouts. Filecoin CRYPTO:FILUSD has maintained a solid structure, and historical levels suggest a significant rally is possible. Shping CRYPTO:SHPINGUSD , which I’ve tracked since November, appears to be setting up for a continuation move toward higher liquidity zones. Orion Protocol CRYPTO:ORNUSD , while a high-risk play due to liquidity constraints, has characteristics of previous explosive moves. Key Breakout Candidates & Market Observations: ? Trump Meme Coin CRYPTO:TRUMPOFUSD Bought at $16.46 based on a strong bottom formation. "Interdisciplinary Bottom" pattern combines elements of W-reversal, cup and handle, and double bottom formations. Volume and momentum suggest potential upside, with a target zone in the next major liquidity area (~35%-60% potential move). ? Aleo CRYPTO:ALEOUSD One of the longest consistent downtrends on Coinbase, now showing strong signs of reversal. Large volume spike suggests a confirmed bottom. First resistance zone: $1-$1.20 (~150% potential move). ? Helium Mobile CRYPTO:MOBILEUSD Key breakout structure forming with bullish engulfing patterns. Similar price wicks and reversal patterns seen on lower timeframes. If momentum continues, a significant percentage move approaching or exceeding 100% is possible over a short period. ? Filecoin CRYPTO:FILUSD Historical liquidity zones indicate a strong potential rally. Short-term target: $26 Longer-term potential: Historical highs around $100+, with $237 as the all-time high. ? Shping CRYPTO:SHPINGUSD Tracked since November – has been developing a highly structured reversal. Target: 3 cents, based on prior liquidity levels (~300% potential move). ? Orion Protocol CRYPTO:ORNUSD Higher risk due to liquidity, but historically has shown explosive moves. Short-term target: Testing previous highs. Potential upside: $5 if volume and interest increase. Final Thoughts: Bitcoin’s movement continues to influence the broader market, and several altcoins are showing clear reversal signals. While trading strategies differ, recognizing volume shifts, liquidity zones, and structural patterns can present strong opportunities. As always, I encourage everyone to do their own research and approach the market with a clear risk management plan.
Entry 96300 SL 94000 Target 102000 Join my discord for more free signals https://discord.gg/cHHKQTYfHs The Bitcoin futures long position we entered just today is in play. The market has been consolidating in a tight range, which is typical before a big move. BTC is currently testing a key support level and the volume is building up. This is a good sign as it means the market is gearing up for a breakout. I’ve been monitoring the order flow and institutional activity, and there’s a lot of accumulation happening behind the scenes. Whales are positioning themselves, and the funding rates are still favorable for longs. My indicators are still bullish, and I’m confident we’ll see a move to the upside soon. That said, always remember: risk management is key. If you’re feeling uneasy, you can set a stop-loss at 94000 to protect your capital. But if you can stomach the volatility, I’d recommend holding tight. The setup is still intact, and I expect a resolution within the next 24-48 hours. Stay sharp, and don’t let the noise shake you. I’ll keep you updated if anything changes. Trust the process. ?" Join my discord for more signals https://discord.gg/cHHKQTYfHs
Fib extensions and Elliot waves line up nicely. Today had a wild pump, two days against lots of bearish news... See what's to come in this pyramid scheme