It had its pump. It’s follow the MSFT ALGO DISTRIBUTION. Expect a drop to $225 and then a rally back above the only high to put in a fake rally just to go back to $225 and trap buyers. Then pump again and do it again and then again lol. I will post that chart next. I grabbed April $240 puts ITM.
MATIC is looking extremely undervalued at current levels. The price has pulled back considerably since the "Trump election pump" and is forming a nice wedge on the 4-hour chart, which is currently on a four-count. A price move back to equilibrium from the wedge's bottom trendline would, by itself, result in approximately a 128% gain. Longer term, if the price breaks out of the monthly chart wedge pattern (see comments below for the chart), which is also currently trading at a four-count, we could see some incredible price appreciation over the next 6 to 9 months. Good luck, and always use a stop-loss!
ETH may be like this?? I think ETH consolidate in triangle then upward break out.
Analysis of OPUSDT Perpetual Swap Contract (4H - OKX) 1. Main Trend Downtrend: The price has been consistently moving below the EMA 50 and EMA 100, indicating a strong bearish trend. The EMAs are arranged in a bearish order (EMA 100 > EMA 50), confirming a continuation of the downtrend. Market structure shows Break of Structure (BOS), reinforcing the bearish bias. Short-term Recovery: The price is currently bouncing from a key support level, suggesting a potential short-term reversal. A large green candle with high volume indicates buying pressure returning. If the price breaks above the 1.6573 - 1.7188 resistance zone, we could see a further move towards 1.8145 - 1.9409. 2. Key Resistance & Support Levels Resistance Levels: 1.6573 - 1.7188: This is a supply zone to watch. If the price successfully breaks above, it could signal a potential trend reversal. 1.8145 - 1.9409: The next key resistance level where selling pressure may re-emerge. Support Levels: 1.4456 - 1.4625: A level where buying interest has appeared. 1.3450: A critical support zone. If the price drops below this level, the next downside targets would be 1.3000 - 1.2800. 3. Risks & Concerns Supply Zone Resistance: The area around 1.6573 - 1.7188 may act as a strong resistance, leading to another price rejection. Overall Bearish Trend: Despite the recent rebound, the trend remains bearish as long as the price stays below EMA 100 and fails to form a higher high. Volume Confirmation: Although there is a strong green candle, sustained buying volume is required for a real reversal. False Breakout Possibility: If the price fails to break 1.7188, it could result in a rejection and another move downward. Trading Strategies ✅ For Short-term Traders (Scalping / Day Trading): Long Entry: If the price breaks 1.6573 with strong volume, target 1.7188 and 1.8145. Short Entry: If the price tests 1.7188 and fails to break above, consider shorting with targets at 1.5450 - 1.4625. ✅ For Swing Traders: If the price closes above 1.8145, a long position can be considered, targeting 1.9409. If the price falls below 1.4456, it could signal further downside towards the major support at 1.3450. ? Summary: The primary trend is still bearish, but a short-term rebound is in progress. Breaking above 1.7188 could indicate a medium-term reversal. Failure to break resistance could lead to another leg down. ? Recommendation: Watch the 1.6573 - 1.7188 resistance area and observe price action to determine whether the price can break through or face rejection.
We have an AMD fulfilling its common pattern of a stoch RSI on the floor and a lack of strength in its movement. It always resulted in an upwards movement. This is 100% an accumulation zone to enjoy the profit in the near future.
ACH is showing extreme signs of dump consider shorting volume decreasing significantly while price tries to move up (Divergence)
This is a digram showing the results of after I have recorded order walls from bookmap. As you can see I can now easily tell where the price action is more likely to pull back should a pump occur. Order walls need to be maintained and recorded accurately to the penny as often as possible to ensure precise targets as possible
All is well Good day Just my view and educational purposes only I'm not a SEBI registered advisory...trade on your own risk. This is simple ORB Strategy with volume breakout..i will enter EOD 3.25pm if the price trade above the blue line and after entry I will wait for my target or stoploss (D candle should close below the red line) in valid if direct not triggered and closed below red line.. Just a view educational purposes only
Savage selloff taking a break - Downtrend Break - Backtest would be Bullish - Value Area Low Resistance - Bullish Divergence - Sector has relative strength
Since FOMC Meeting today, I think EUR will be strong. Also, I think EUR USD will be strong as well after done the adjustment. SL : 1.6623 TP1 : 1.71797 TP 2 : Check my Monthy Chart. Good Luck - Long Term- Buy. https://www.tradingview.com/x/jIpqgmjW/