This is going to be a rough week so buckle up! BTC has been playing at the ATH levels for a few weeks now thanks to the Champgne effect from the Trump's pro-crypto stance, but just like Trump coin and every other pump there's been a horrible crash where retailers get hit the hardest. Better to park on the sidelines and eat some popcorn than see your crypto value go to hard! Could be wrong, but this does not look pretty and just following TAs, economy, and trends. Best of luck and always do your own due diligence!
AAVE/USDT perpetual contract on the 2-hour timeframe presents a descending channel formation in the. The price has been respecting the upper and lower trendlines, showing multiple rejections at both levels. Currently, the price is testing the lower boundary of the channel, and a breakdown could trigger further downside momentum. The short setup suggests a bearish continuation if the price breaks below the lower trendline. The entry point is positioned around the 264.57 level, with a stop-loss placed above the recent swing high to manage risk. The take-profit zone is projected toward 221.84, aligning with the next significant support level. Key factors to consider The price is forming lower highs and lower lows, confirming the downtrend structure. The red zone represents the stop-loss area, ensuring risk management in case of reversal. The blue zone marks the potential profit-taking region, which aligns with a strong demand zone. If a breakdown occurs with strong bearish volume, it could accelerate the move toward the target zone. A potential retest of the broken support level could offer additional confirmation before further downside. Traders should monitor volume and market sentiment before entering the trade, ensuring that bearish momentum supports the continuation of the trend.
HELLO TRADERS The chart shows the U.S. Dollar/Japanese Yen pair in an ascending channel, with a strong fall followed by a bullish rally. Currently, the price is near the resistance line at 156.770, where it faces potential downward pressure, indicated by a bearish flag. A break below this could push the price to the support zone near 152.656, with a further downside target at 151.451. However, if the bullish trend resumes, a breakout above 156.770 could drive prices towards 158.615. Market sentiment, including the Fed’s and Japan's economic policies, will influence these movements.
CRYPTOCAP:BTC.D The BTC Dominance (BTC.D) chart is at a critical juncture. Here's my analysis: 1️⃣ Key Resistance Area: The dominance has approached a significant resistance trendline. This zone is crucial, as it has historically acted as a turning point. 2️⃣ Potential Pullback: In my opinion, this could be the last pullback before BTC.D resumes its downtrend. If this scenario plays out, it could signal the start of the long-awaited altseason. 3️⃣ Break Confirmation: Keep an eye on the lower support level highlighted on the chart. A clean break below this level (more secure than the previous one) would confirm bearish momentum and strengthen the case for a further decline. https://www.tradingview.com/x/a7dEpggW/ 4️⃣ Targets: The first target is around 50.81%, with potential for deeper declines if momentum continues. ? Key Takeaway: This analysis suggests that BTC dominance is showing signs of weakening. If the support breaks, altcoins could gain significant market share. Watch these levels closely and prepare for opportunities in the altcoin market. https://www.tradingview.com/x/cXpcw6hS/ What do you think? Do you agree with this outlook, or do you see BTC.D holding its dominance longer? Feel free to share your thoughts below! #Crypto #BTC.D #Altseason
Hello traders! ‼️ This is my perspective on DOW JONES. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I wait price to continue the retracement to fill the imbalance and then to reject from bullish OB around 44,000. Like, comment and subscribe to be in touch with my content!
Hi traders what do think about Gold given suggestion in comments. Gold a bullish continuation this week, with the price potentially testing support around 2785-2780 before bouncing back to the resistance zone between 2820-2840. If it pushes past that range, the upside could remain in play for further gains. It's important to watch how price behaves around these levels—if gold manages to hold above support, it could continue its upward momentum lets keep Eye on market how the price will react. if you like this analysis please support my work and fallow thanks for Love.
Dubai Islamic Bank has a potential profit of 30%. Overall, the real estate, banking, and investment sectors in the UAE are gaining Momentum.
As I've viewed NASDAQ:FANG , I noticed a Bullish Trading Channel that started in Sep 2021 and noted that on the chart... however, while still in this Bullish Channel, there appears to be a Bearish Trading Channel that started forming in Jul 2024. With that being said, along with what I've documented on the chart, I see more downside potential. My 2 cents for a case of short term continued downside is as follows: NASDAQ:FANG recently broke support on the daily after multiple touch points. I did not highlight those touch points but you can clearly see on the chart where 167.67 provided support, which just closed below that level. My favorite assertion is the last 3 closings for their earnings reports has given way to an additional 12-15 points more to the downside, roughly 4 weeks after the earnings report was released. Furthermore, this last earnings report saw a 24 point move to the downside in 6 weeks after earnings. That Dec 2024 low was followed by a bounce of almost 19 points upward until it started its' decline again, which we are currently in heading towards the next earnings report on 2/24/25. I am looking at the following short term plays: Both the 155 Put and 153.56 Put expiring 3/21/24 Again, as I've said before... I am not a financial guru and definitely not a financial advisor (yet) but I will share with you my claims regarding what price action I see. I'd suggest you complete your own Due Diligence and not jump into mine or anyone else's advice without diving into some analysis yourself. Last and definitely the most important part... Take Profits, Take Profits, Take Profits!!! I cannot stress that enough. Good luck on your trading journey!
Hey everyone I’m here again so this week on gold I will be interested for buys to a new ATH and i will be waiting for price to pullback to my zone as seen on my chart with confirmations before executing, no edge present no execution and I will look for another entry so I will update you guys make sure you follow up and check out my page….Let’s have another win week….
Dogecoin Price Analysis: Potential Breakdown Below Pivot Line with Targeting Demand Zone Given the lower highs and recent price action, the price seems to be following a descending channel with a potential for further downward movement. The price will try to touch the Demand Zone (0.2130) if can close 4h candle below the pivot line which is 0.2654 Short-term correction might occur, potentially bouncing off the support zones, but a breakout below the pivot line could confirm further downside. Next Movement: If the price holds below the pivot line (0.2654), it could reach 0.2130. A break of that level could send the price toward the demand zone at 0.1774. It’s important to keep an eye on any reversals or retracements that might occur at these pivot levels. Key levels Pivot Line: 0.2713 Resistance Lines: 0.3093, 0.3505, 0.4150 Support Lines: 0.2130, 0.1774, 0.1465