S&P 500 E-mini Futures (CME) Date: February 4, 2025 Current Price: 6,020.25 USD Summary Trend: Sideways/Consolidating within an uptrend Key Levels: Support: 5,980-6,000 USD (Based on recent price action) Resistance: 6,070-6,090 USD (Recent highs) Indicators: RSI: Neutral at 48.81 MACD: Approaching a bullish crossover (histogram bars decreasing, indicating weakening bearish momentum) Volume: 251.14K (Moderate, but provides a clearer picture than the previous chart) Trade Ideas Range Trading: Buy: Near 5,980-6,000 USD Target: 6,070-6,090 USD Stop-loss: Below 5,950 USD Breakout Trading: Bullish Breakout: Above 6,090 USD Entry: After confirmation (strong volume, multiple closes above resistance) Target: 6,150-6,200 USD (Based on potential extension of the recent move) Stop-loss: Below 6,050 USD Bearish Breakdown: Below 5,980 USD Entry: After confirmation (strong volume, multiple closes below support) Target: 5,900-5,850 USD (Based on potential support levels below) Stop-loss: Above 6,000 USD The S&P 500 E-mini Futures are consolidating within an established uptrend. The MACD is showing weakening bearish momentum, potentially leading to a bullish crossover. The volume data provides more confidence in potential trades. Range trading and breakout trades are viable options. Traders should monitor price action around key levels and manage risk appropriately.
last short didnt work out. it held the level and continued after trading sideways for a few weeks. i would like to see it react off this yearly level.
The Bitcoin Dominance Chart suggests a major shakeout, potentially signaling the beginning of a significant market shift. After reaching the upper boundary of an ascending wedge, dominance has sharply rejected from key resistance, leading to a breakdown.
GOLD STILL ON STRONG UPTREND, Whatch for false breakout at top of trendline then retest of bottom trendline. As always wait for confirmation candles at the zones
QBTS looks great here, moving slowly up the 50sma. Now there is a golden cross and the other MAs have joined in as support. I think QBtS has double digit gains from here. If Im wrong a stop can be set kust below the 50sma.
SX5E (Euro Stoxx 50) index, which broke above a prolonged consolidation range The breakout shows a shift in market structure. Previous resistance may now act as support Buy dips near the breakout area as the market often retests previous resistance before continuing higher
Yello, Paradisers! Is HOTUSDT About to Explode, or Are We Heading for a Breakdown? Are we looking at a massive breakout, or is a deeper drop lurking just around the corner? This setup is screaming opportunity, but only for those who know how to play it right. ?#HOTUSDT has been stuck in a clear downtrend, moving within a descending channel for weeks. But now, the price has reached a critical support zone a level that has historically acted as a launchpad for strong reversals. The big question is whether this level will hold or if sellers will push for another leg down. ?The key support level to watch is around $0.001421. If bulls manage to sustain momentum here, there is a high probability of a bullish continuation, with price targeting a strong rally toward $0.002736, which has been a major resistance level in the past. However, if momentum fades, the next significant support zone to watch is $0.001090. A break below this level would invalidate the bullish scenario and could open the door for further downside. ? This is a make-or-break moment for $HOT. The market is at a decision point, and patience is crucial. If the support holds, this could present a high-probability long opportunity. But if it fails, stepping aside and waiting for lower entries will be the smartest move. Discipline and a well-executed strategy will determine who profits and who gets liquidated. Stay sharp, Paradisers! The market doesn’t forgive emotional decisions stick to the plan and execute like a pro! MyCryptoParadise iFeel the success?
Bulls! My fellow warriors of the market! I see fear in your eyes... I See hesitation... But I also see fire! The Bears think they own this battlefield! They think they can drive us back, force us to surrender, and take what is ours! But I ask you - will you run? Will you let them push us down, and break our support and trample our dreams?! HELL NO! Then stand up! Hold the damn line! Push through that resistance! The Bears are clawing, but they are weak! You are stronger! Your are relentless! You are BULLS! So I ask you one last time - WHAT ARE YOU DOING LYING THERE? GET UP! PUSH FORWARD BREAK THEIR SPIRIT! TAKE BACK THIS MARKET! DO YOU WANT TO LIVE FOREVER!
If you haven`t sold the top on UBER: https://www.tradingview.com/chart/idea/FY9ZiEfY/ Now analyzing the options chain and the chart patterns of UBER Technologies prior to the earnings report this week, I would consider purchasing the 68usd strike price Calls with an expiration date of 2025-2-14, for a premium of approximately $3.95. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
My trading plan is very simple. I buy or sell when price tags the top or bottom of parallel channels. I confirm when price hits Fibonacci levels. So... Here's why I'm picking this symbol to do the thing. Price at bottom of channels (period 100 52 & 26) Stochastic Momentum Index (SMI) at oversold level VBSM is spiked negative and under bottom of Bollinger Band Entry at $111.50 Target is $120 or channel top