Bitcoin is trading inside a Channel Down pattern which has just formed a Lower High on the MA50 (4h). This is a technical rejection, which after holding the MA200 (4h) previously, now should aim for a final Lower Low on the next support level, the MA100 (1d). Trading Plan: 1. Sell on the current market price. Targets: 1. 95000 (-10.70% decline as the previous bearish sequence of the Channel Down and potential contact with the MA100 (1d)). Tips: 1. The RSI (4h) is about to cross under its MA trend line again, confirming the bearish move.
SPY approaching top of channel and RSI declining during same time frame. I'm seeing that this will play out in late winter/early spring, so plenty of time to prepare. Once it does dip there is strong support on bottom of channel which will coincide with the 50 Month EMA.
Hello traders, After we had our trade close in breakeven, it now appears that GU is rounding off and might be forming a cup and handle formation as you can see on the chart. However more confirmation would be better so it would be better to wait for some confirmation and this is a more riskier trade. I have not posted a trade setup with tp and sl because I believe we need to see what the market will do. If you are okay with taking the risk, you can wait for candle close above the trendline and long it to the previous highs with a stop loss somewhere in the middle of the bottom wicks.
https://www.tradingview.com/x/qzwcfhFH/ ✅EUR_GBP is set to retest a Strong support level below at 0.837 After trading in a local downtrend from some time Which makes a bullish rebound a likely scenario With the target being a local resistance above at 0.8391 LONG? ✅Like and subscribe to never miss a new idea!✅
Friends, please look at the base trend line coming from the beginning. It also shows that the support value will be 0.26 Dollar around in THESE DAYS (18-40 Days). Besides that targets are on the chart according to the parallel speed and resistance lines going upward. Supports are too, on the chart. Let's see how such a name changing absurd will result. If I were FTM Project- lab owners, I had preferred ''Fantom'' as a name instead SONİC and wouldn't change.
Hi Traders, I"m waiting for a pullback, that should be approx. 0.03, than go! Be carefull! Good luck!
Looking at this chart, unfortunately, I see a significant selling movement, at the very least a major correction, which could potentially be devastating. It is clearly visible that there were two false breakouts on the daily chart, with the price failing to close above the indicated line. It tested the line multiple times, and this last attempt made it evident that it will require significant momentum to break through. There is a support level that needs to be tested, and if it fails, it will trigger panic and substantial financial losses.
? Could Nvidia be the next Cisco? ? In 2000, Cisco dominated networking with its own chips. But competitors used cheaper, nearly as effective chips, and the stock dropped from $82 to $8 in just 2 years. Is the same fate possible for Nvidia? Cisco invested heavily in its IOS CLI and aggressively defended it. Nvidia did the same with CUDA, taking action against anyone trying to make alternatives. But now, competition is heating up. DeepSeek and other companies could lead those who over-invested in Nvidia chips on borrowed money to offload them, flooding the second-hand market with GPUs. Meanwhile, the Magnificent 7 might slow down orders since they already have tons of Nvidia chips stockpiled. Just like Cisco switches were 80% off in 2001, could we see a similar scenario with Nvidia? And let’s talk about the $2000 RTX 5090 — would you buy one today? Nvidia has committed huge resources to TSMC for chip production. They could be facing an overstock issue, and slashing prices could hurt profit margins. ? We will soon know the direction it will go, next few quarters will show us all.
Mastering the Art of Trading: Understanding Market Liquidity and Efficient Liquidation Techniques"
A simple forcasting using zig zag and fibonacci retracment.Always do you own research.Manage your risk when your are in market