Tesla ( NASDAQ:TSLA ) will reject the all time high first: https://www.tradingview.com/x/FGIDAA7r/ Click chart above to see the detailed analysis?? Tesla was actually not able to create a sustainable all time high breakout and if a stock doesn't move up, it will come down. However Tesla still remains absolutely bullish and is now starting to create a textbook break and retest which will eventually still lead to new all time highs. Levels to watch: $400, $280 Keep your long term vision, Philip (BasicTrading)
Gold (XAUUSD) has reached a new All-Time High (ATH) in recent days. Can it maintain its upward trend? What are your thoughts? Educational Note: From the perspective of Technical Analysis, when an asset is building an All-Time High (ATH) and the prior price history is not surrounding the price, the analysis becomes more difficult, but we must be able to make the most of the technical analysis tool. ---------------------------------------------------- Gold is nearing the Potential Reversal Zone (PRZ) between $2,872-$2,845. In addition, Gold is confronting a series of resistance levels that have the potential to halt its upward trend. According to Classical Technical Analysis, Gold appears to be forming an Ascending Broadening Wedge Pattern. This bearish pattern is characterized by higher highs and higher lows that expand over time, indicating increased volatility and weakening bullish momentum, often leading to a breakdown below support. Traders look for a confirmed breakdown as a short-selling opportunity. The Regular Divergence (RD-) between consecutive peaks indicates that Gold will fall to the lower line of the wedge pattern and support zone ($2,800-$2,787). However, if Gold breaks the resistance lines and rises above $2,873, it is expected to increase further. Follow the updated ideas for Gold Analyze (XAUUSD), 1-hour time frame. Remember to set a stop loss for your positions. Trade Active Gold seems to have succeeded in forming the Three Falling Peak Pattern after breaking the Uptrend line. Three Falling Peak Pattern: The Three Falling Peaks is a bearish reversal pattern where the price forms three consecutive lower highs, indicating weakening buying pressure. A breakdown below the support level confirms the pattern, signaling a potential downtrend. I expect gold to go down to at least the lower line of the Ascending Broadening Wedge Pattern. New Potential Reversal Zone(PRZ): $2,892-$2,871
RSI is in the buy zone. P/E and P/B are in a beautiful buy range too. Sell at the red line.
Target reached as plotted. This should be a solid entry for BTC. If entering a leveraged play try to stay under 10x as we do not have a bullish confirmation that the price decline has stopped looking at micro.
AUDUSD has developed a bullish weekly candle along with a bullish Wednesday candle. Now on Thursday, price couldn't continue that momentum and getting rejection from the daily open which aligns with the break of structure from the previous range. Analysis comprises of DXY correlation which encounters bullish pullback. I hope it will be help for the community.
Every time the TD sequential system hit a 9 for ethereum it was the bottom or a local bottom. Right now we are at an 8 of 9. The bottom for ethereum could happen next week. Keep your eyes open for this one.
The chart shows a bullish setup for Gold (XAU/USD) with the current price at (2,851.395) Key support levels are marked at (2,820) and (2,780) suggesting potential buying opportunities if the price drops. The first target is at (2,842)and the second at (2,884) indicating expected upward movement. A (buy) position is recommended near (2,820) with a stop loss below (2,780)for risk management.
Solana May Bounce from 176 Based on past analysis, Solana has bounced twice from the blue zone near 176, which corresponds to a very strong support zone on the daily chart. Historically, this same zone acted as a strong resistance. Given this support level's significance, it is likely that the price may rise again from this zone, as illustrated in the chart. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
//@version=5 indicator("روند و سطوح حمایت/مقاومت", overlay=true) // تنظیمات میانگین متحرک lengthMA = input(14, title="طول میانگین متحرک") ma = ta.sma(close, lengthMA) // میانگین متحرک ساده // شناسایی روند trend = na trend := close > ma ? 1 : close < ma ? -1 : nz(trend ) // رسم میانگین متحرک plot(ma, color=color.blue, title="میانگین متحرک") // شناسایی سطوح حمایت و مقاومت lookback = input(14, title="بازه زمانی برای شناسایی سطوح") support = ta.lowest(low, lookback) resistance = ta.highest(high, lookback) // رسم سطوح حمایت و مقاومت hline(support, "حمایت", color=color.green) hline(resistance, "مقاومت", color=color.red) // نمایش روند plotshape(series=trend == 1 ? low : na, location=location.belowbar, color=color.green, style=shape.labelup, text="صعودی") plotshape(series=trend == -1 ? high : na, location=location.abovebar, color=color.red, style=shape.labeldown, text="نزولی")
Hey there on 30MTF Gold looking for bearish diversion point on 2860-2863-2865 And may see now downside continues goes first 2839-2830-2810 The secanrio of gold has showing two sides 1. The Support area of gold 2850 could be usefull to reach there 2865 where is resistance support to touch new 2874 higher high and we can possibly see ath 2882 2. And the other side we could see a supply zone for sell zone area could be possible down continues from 2863-2865 and we see there lower low candle 2800 So good luck and also follow comment and like for more updates and analysis