Viele Radfahrer nutzen in der kalten Jahreszeit ihr E-Bike nicht. Nässe und Kälte sind weniger einladend für eine Spritztour. Auch ich gehöre eher zu den Schönwetterfahrern, bewegte meinen elektrisierten Drahtesel zuletzt aber doch durch die ausnahmsweise mal trockene Winterkälte. Dabei lernte ich eine wichtige Lektion, die ich euch nicht länger vorenthalten möchte und gerne in der heutigen Ausgabe der Wochenendkolumne hier auf GIGA mit euch teile.
https://www.tradingview.com/x/tRX7AxSA/ Market is approaching new ATH but will it create a new high? My analysis and outlook for the coming week. Based on price action, 4H is showing bullish rejection but there is no confirmation of a trend change yet. Else, market is technically still bullish.
By looking at the options trading volume, predicting a symmetrical rally seems highly likely.
Hey Traders & Investors! Hope you're shining bright today! XAUUSD H1 Chart Analysis (January 25, 2023) The gold price has reached our target of $2,777, triggering a fresh selling opportunity for bearish traders. This move is supported by negative momentum indicators on the H1 chart. Key Levels to Watch: - Resistance: $2,790 - Previous Target: $2,777 (HIT) - New Target: $2,750 - Support: $2,720 Trading Strategy: A sustained move below $2,767 could pave the way for additional losses. However, a reversal above $2,790 could trigger a buy-off. Update: https://www.tradingview.com/i/l3Jbe1ys/ Our previous target of $2,777 has been hit, confirming the strength of the bullish trend. However, we saw a fake breakout around $2,784. Now, let's focus on our next target around $2,750. Educational Takeaway: This analysis highlights the importance of identifying key supply and demand zones and monitoring momentum indicators to gauge the strength of a trend on shorter timeframes. By combining these technical analysis tools, traders can make more informed decisions and develop effective trading strategies. Hope my work helps you guys! Please like, comment, and share your thoughts! Best wishes, Tom
The launch of BINANCE:TRUMPUSDT gave a boost to BINANCE:SOLUSDT with the price breaking above 220 local resistance and soaring with more than 30% to 295. As expected after such a rally, the price entered a correction phase, and at the time of writing, Solana is trading around $260. Symmetrical Triangle Formation: A Bullish Sign? During this consolidation period, a symmetrical triangle pattern has emerged on the charts. This formation is often a signal of a continuation of the prevailing trend. If Solana manages to break through the triangle's resistance, it could lead to an acceleration of the upward momentum. Potential Targets for Solana Based on classical technical analysis, the first target is calculated using the triangle's base. This suggests a potential rise to $320. However, if we consider the momentum from the previous leg up, the target could stretch as high as $380. Outlook: Bullish Above $200 Regardless of which target is reached, Solana remains strongly bullish as long as it holds above the critical $200 support level. Traders and investors will want to keep a close eye on price action, especially for a breakout of the current consolidation.
5 paisa lower & low down side but same move up side .
Bitcoin is trending upward, with prices rising from about 90,000 USDT all the way to nearly 105,000 USDT. Since late January, Bitcoin prices are entering a converging triangle area. The area is limited by a descending trend line above and a support line below. The current performance of the market shows that price fluctuations are getting smaller and smaller, indicating that market participants are waiting for a clear breakout signal. Support level: 91,361.70 USDT below, representing the recent low, this price has become a key support area. If Bitcoin prices fall below this support level, they may face greater downward pressure and even test lower support areas. Resistance level: 107,813.12 USDT above the price is the main resistance level, forming the upper boundary of the current triangle consolidation. If Bitcoin prices break through this resistance level, it will be possible to launch a new upward wave again. Currently, the price fluctuates above and below a gradually rising trend line, which is a typical triangle consolidation. In this form, the price usually enters a contraction range, and the fluctuation range gradually becomes smaller. At this point, we will closely watch whether the price breaks through the upper resistance line or falls below the lower support line. A breakout in either direction could bring a strong market reaction. If Bitcoin breaks through the upper triangle resistance line of 107,813USDT, it may retest and break through the upper high, pushing the price to a higher area, with the target possibly close to 112,000 USDT or even higher. If Bitcoin falls below the lower support line of 91,361.70 USDT, a strong downward trend may form, and the price may pull back to 90,000 USDT or even lower. Overall, the current market pattern shows a typical triangle consolidation pattern, which means that Bitcoin may continue to consolidate in the short term until it breaks through the key price above or below.
I expect this move soon as its start showing positive signals this not a financial advice but keep it in the favorite because you will come back later for this post ?
Bitcoin short-term ceiling $124,000-$127,000 Bitcoin has reacted meaningfully to this channel. We can expect Bitcoin to reach a ceiling of $124,000 and then fall to the $80,000 channel.
The daily chart of DOGE/USDT showcases a consolidation phase within a range-bound structure, following a period of significant bullish momentum earlier. This phase presents both bullish and bearish scenarios depending on the breakout direction. Key Levels of Interest: Resistance Levels: R1: The immediate resistance lies at $0.4285, a critical barrier for bulls to overcome. This level aligns with previous highs and has repeatedly rejected price advances. R2: The longer-term resistance trendline, marked in red, indicates the potential for upward expansion toward $0.5000–$0.6000, provided the bullish momentum sustains. Support Levels: S1: The nearest support is at $0.2574, marking the lower boundary of the current range and a strong accumulation zone. Chart Patterns and Market Structure: The price is trading within a horizontal range, with the upper boundary at R1 and the lower boundary at S1. A breakout above R1 would indicate bullish continuation, with the potential to target R2 and higher levels. Conversely, a breakdown below S1 could trigger a deeper correction. Technical Indicators: MACD (12, 26, close): The MACD histogram is neutral, with the lines converging near the zero line. A bullish crossover could confirm upward momentum, while a bearish crossover may signal downside risks. RSI (14): The RSI is currently neutral at 52.32, suggesting that the market is balanced but leaning slightly bullish. A move above 60 would confirm bullish strength, while a dip below 40 could indicate renewed selling pressure. Volume and Momentum: Volume has been decreasing, which is typical in consolidation phases. A significant volume spike will likely accompany the breakout or breakdown, confirming the next major move. Conclusion: DOGE is currently consolidating within a well-defined range. The key level for a bullish breakout is $0.4285 (R1), which would likely lead to a move toward $0.5000–$0.6000 (R2). On the flip side, a breakdown below $0.2574 (S1) would expose DOGE to lower levels, potentially testing $0.2000 or further downside. Strategic Approaches: Bullish Setup: Consider long positions upon a confirmed breakout above R1, with targets at R2 and beyond. Set stop losses just below R1 to manage risk. Bearish Setup: Enter short positions if the price breaks below S1, targeting lower support levels near $0.2000. Place stop losses above S1. Risk Management: As DOGE is trading within a range, false breakouts are a possibility. Use tight stop losses and confirm breakouts with volume spikes before entering trades.