What I see with SUIUSDT These are some levels I am looking at for $SUI. I am watching those Supports and TLs
The price action currently shows bullish momentum, maintaining movement above the 44,090 support level. This sustained movement increases the likelihood of a bullish trend continuation toward the next key level of 44,470. If this level is broken decisively, with a clear 4-hour candle closure above it, the price will likely trade within the strong consolidation zone between 44,470 and the last resistance levels, targeting 45,090 and potentially 45,500 as upside objectives. On the bearish side, a reversal scenario would require the price to fall and close a 4-hour candle below the critical zone of 44,090–43,770. Such a development would signal weakening bullish momentum and could open the path for further downside movement toward 43,360. If the price continues to decline, the next significant support level to watch would be the demand zone around 42,720–42,290.
The price has recently broken below a strong support level and is now trading below it. This bearish breakout suggests further downside potential. Key Observations: Strong Support Break: The price has decisively broken below a well-defined support level. This break often signals a shift in momentum and can lead to further price declines. Liquidity Sweep: A recent liquidity sweep occurred at the support level. This indicates a large order was filled at that level, potentially adding to the selling pressure. Trade Setup: Entry: Short sell at the market price near the current level. Stop-Loss: Place a stop-loss order above the recent swing high, above the broken support level, or at a level that aligns with your risk tolerance. Take-Profit: Set your tak profit at next Order Block
We have a bullish crossover of the 200ma looking at the hourly. Yesterday's callout was priced at $0.046, currently above $0.05, Target sell at $0.068 Still a 30%+ profit on the table if you get in quickly enough. Enjoy the profits.
My sell thought is displayed on my chart (Technical Analysis) My entry, SL and TP. Note, that if we break $2.9, then $2.8 will be the next support zone. Trade with care
just learning about pattern for it to activate how the pattern that i missed in the first place ive been zooming in to much not seeing the entirety of the chart that what Ive missed it the pattern is already there but sadly me being a student sometimes ive searching for some other things that arent there specifically the divergence convergence signal hahaha note for the day ZOOM OUT
Hey traders and investors! ? Hope you're shining bright today! Today, January 23, 2025, I'm sharing my thoughts on gold Gold has broken through the resistance zone ($2,740-$2,720) and is forming a potential Inverse Head and Shoulders pattern. The Commitment of Traders (CoT) report also shows a bullish sentiment. ? Gold is looking bullish! Key points to watch : Entry Price: $2,744 Target Price: $2,767 Stop Loss: $2,735 Your feedback is valuable! - Like this post if you found it informative! - Comment below with your thoughts on the gold market! - Share this post with your fellow traders and investors! Trade safe and stay informed! ? Best wishes Tom ?
As a full time day trader/ i use the daily timeframe mainly to get a clear trend/ afterwards i narrow it down to 4 hours timeframe to get the main time structures of either the pull back structure or the continuation. create an account with the best broker worlwide
$2800 is imminent for ETH It seems the buy has started cooling off. From my analysis, I see ETH hitting $2.8K if the lack of a buying catalyst comes into play soon. On daily charts as displayed, you will notice the downward pattern Trade with care
1/23/29 Mid week update Pattern forcing issues. Due to favorable wind patterns in the high latitudes, high pressure over Alaska, and the return of the seventh elongated Polar vortex, there is a better than average chance there will be a return to the cold and storminess after a relaxation in the bitter cold next week. The snow cover will aid the atmosphere in keeping any moderation in air masses cooler that the models have projected the past few days. This needs to be understood that the relaxation is at a time when the Northern Hemisphere is at its coldest. So, this is a relaxation to a generally normal(cold) period. Not a warm up to well above average. We are in the second week of the coldest part of the North American heating season and even with a relaxation form normal, this will continue to draw normal to above normal amounts of NG from storage. Since mid November, we have had generally 15 days of cold and stormy followed by 15 days of dry and normal to a bit warmer. We are now finishing our second cold and stormy pattern heading into another 15 days of normal to a bit above. The synoptic models are again showing another 15 days of cold returning sometime around the 5th of February to keep the NG burning straight through March. This is important because as opposed to last year, we are not going to see below average draws, with producers overproducing NG and below average LNG production for the next month. Storage is going to be the big impact going into the shoulder season and we are more than likely going to flip to below the 5-year average for storage tomorrow. The current industry projections are now indicating that we will exit the draw season close to 150 BCF below the 5-year average and over 500 BCF below last year. It is estimated that storage will come in at 1700 BCF or the eight lightest storage in the last 30 years. I do believe that pricing does have another possible 15% to the upside, but this will probably be the terminus for the withdrawal season. With a steady adjustment of pricing into the injection season to the $3 range. But unlike last year, I do not see any reason for historic low pricing to return. Producers have done a fantastic job at being disciplined. I am still currently long on the March contract and will probably readjust my position after the report today. I am not planning on holding any position over the weekend. I am going to need to see the models continue verifying a bit more. But I will continue to trade the big daily moves, which I believe we can continue to expect for some time.