BINANCE:ONDOUSDT.P continues to hold an uptrend with cyclical counter-trend corrections. The chart is showing signs of an end to the correction and a readiness to go up https://www.tradingview.com/x/1molUjmI/ A rather large consolidation has been formed against the background of the main uptrend. Regarding this, the price is trying to go up, breaking the resistance of consolidation (triangle) and overcoming the next obstacle in the form of key resistance at 1.538. The emphasis is on this level. If the bulls manage to keep the defense above 1.538 support, ONDO may show a recovery to 1.7 - 1.9 - 2.15 in the short to medium term. Support levels: 1.538, 1.44 Resistance levels: 1.7344, 1.90 A small pullback to support and formation of a false breakdown is possible, but price consolidation above the level will be a confirmation of readiness to go up. Targets are marked on the chart! Regards R. Linda!
USDJPY has been in consolidation for the past weeks. A bullish move is expected (anticipated) up to 161.727
Silver is trading higher relative to gold, as the gold/silver ratio (XAUXAG) once again encountered sellers above 91. This level is becoming increasingly significant, given the number of rejections observed over the past two years.
Hello traders! what do you think about BTCUSD date today 30th January 2025. Current price is 104900 Market is working under bullish parallel trend line and yesterday it tested lower positions but could not break the supporting area of 102000. Our current supporting area is 104000 and 103000 if market support Bitcoin at these prices then markets next target will be 106500 and 108000. if market breakout our resistance zone then expected it again breakout its higher area and going further bullish and working and make a new higher Key Levels : Trend Bullish: Buy Targets: Target 1) 106500 Target 2) 108000 Resistance: 108000 Support zone: 104000/103500 If you like my Analysis please dont forget to Like and Comment Thank
? Gold is following the trend line perfectly and approaching a crucial resistance level at $2,785. A breakout could push prices higher! ? Trade Setup: ✅ Entry Level : $2,790 ✅ Stop Loss : $2,760 ✅ Take Profit Targets: ? First Target : $2,800 ? Second Target : $2,820 ? Third Target : $2,860 ⚠️ Risk Management is Key! Stick to your strategy and manage risk wisely. ? Follow for live updates and expert insights! ?
https://www.tradingview.com/x/puVkbwp3/ - bearish sentiment in Europe - overextended rally on the monthly chart - decreasing volume on the monthly chart - crappy fundamentals - clean bounce off resistance on the monthly, weekly and daily (log) charts happy raiding!
The cryptocurrency market has witnessed yet another jaw-dropping rally, with SpaceN ( NYSE:SN ), an NFT one-stop investment management tool, surging over 2000% within a single day. This sudden price explosion has raised several questions regarding the sustainability of such gains, given the token’s 1 billion total supply and only 40 million currently circulating in the market. Market Overview & Trading Activity SpaceN’s impressive surge has propelled its market capitalization to approximately $44.99 million, ranking it #846 on CoinGecko. However, a major concern among skeptics is the low trading volume relative to its market cap. With a reported $608,223 in 24-hour trading volume, many are questioning the legitimacy of such a steep price increase on a token with a fully diluted valuation (FDV) of over $1.12 billion. Despite the concerns, the token has shown resilience, outperforming the broader crypto market, which is down -0.80% in the last week. Over the past seven days, NYSE:SN has seen a price increase of 420.40%, making it one of the best-performing assets within the BNB Chain ecosystem. Technical Analysis Following its remarkable rally, NYSE:SN experienced a sharp retracement, currently trading down 2.72% at the time of writing. While such a correction is expected after a parabolic move, the price action remains above key moving averages (MA), hinting at a potential second leg up. Support & Resistance Levels: The recent all-time high (ATH) of $6.15, recorded on January 29, 2025, is a crucial resistance point. If bullish momentum picks up, a move toward this level is possible, with $5 acting as a pivot zone. Volume Concerns: The lack of significant trading volume and the reliance on Gate.io as its primary exchange raises questions about liquidity. A listing on a top-tier exchange such as Binance or KuCoin could be a major catalyst for further price appreciation. Trend Outlook: NYSE:SN is trading within a falling trend after the initial spike. However, if the daily candlestick closes in a bullish structure, a potential retest of key resistance zones could lead to renewed momentum. The Promise of SpaceN Beyond the price action, the fundamentals of SpaceN provide an interesting case for long-term adoption: - NFT Management Tool: SpaceN aims to be a one-stop investment management platform for NFTs, allowing users to track investment income, stay updated on NFT projects, and access NFT-focused social circles. - DAO Functionality: Users can create self-organized DAOs, trade NFTs, and build communities based on shared holdings. - BNB Chain Ecosystem: Being built on the BNB Chain, SpaceN could benefit from future integrations and potential ecosystem expansions. Final Thoughts: Is There More Room to Run? Despite its meteoric rise and subsequent correction, NYSE:SN remains a token to watch. The low trading volume relative to market cap presents some red flags, but the token’s fundamentals and the broader NFT sector’s growth could provide the necessary fuel for another push higher. A key factor will be whether SpaceN secures additional exchange listings and maintains bullish technical indicators. For traders and investors, keeping an eye on volume trends, resistance levels, and exchange-related news will be crucial. If momentum returns, a push toward $5 and potentially reclaiming its ATH could be on the table. However, caution is advised, given the volatile nature of such explosive moves. Will NYSE:SN continue its rally, or was this a one-off spike? The next few days will be critical in determining the trajectory of this NFT-focused token.
7 days ago, I shared a bullish idea that remains valid despite price failing to hold above 1.04321. Current Market Analysis: Price appears to be forming an Elliot Wave 2 (a-b-c) correction. Key Levels to Watch: - 38.2% Fibonacci retracement level (minimum required for Wave 2) - 88.7% Fibonacci retracement level (maximum allowed for Wave 2 to maintain bullish bias) Trade Plan: With my initial position at break-even, I'll employ dollar-cost averaging for additional buys targeting 1.065 : 1. 50% Fibonacci retracement level 2. 61.8% Fibonacci retracement level 3. 78.6% Fibonacci retracement level Stop Loss: 1.017 This is not a financial advice but if you must take the trade, apply proper risk and money management while scaling into the trade.
#CVX The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards We have a bounce from the lower limit of the descending channel, this support is at a price of 2.85 We have a downtrend on the RSI indicator that is about to be broken, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 3.15 First target 3.26 Second target 3.41 Third target 3.61
A Long resistance is break after very long consolidation. With high Volume, volume around 1300 crore inr, volume and weekly breakout say down fall and consolidation is end. Now a new rise unlock.