https://www.tradingview.com/x/LAr4woIa/ ✅AUD_JPY is set to retest a Strong resistance level above at 97.952 After trading in a local uptrend for some time Which makes a bearish pullback a likely scenario With the target being a local support below at 97.200 SHORT? ✅Like and subscribe to never miss a new idea!✅
XRP could play a key role as U.S. President-elect Donald Trump considers creating a national digital asset reserve. The development was reported today by The New York Post, revealing that Trump is open to establishing an America-first strategic reserve that would prioritize U.S.-developed cryptocurrencies over offshore assets. Bla bla bla, again...
NZD/JPY shows a strong bullish breakout on the 1-hour chart. A descending trendline was invalidated, indicating a shift in market sentiment. This move highlights growing buying pressure and a potential continuation of the upward trend. The breakout occurred near 88.140, which aligns with a resistance level turned into support. Buyers are stepping in aggressively, creating a high-probability long opportunity. The stop loss is placed at 87.073, below the recent consolidation area, ensuring protection against invalidation. The take profit is set at 89.433, derived from the measured move projection of the breakout. This trade presents a favorable risk-to-reward ratio, backed by momentum and a clean breakout structure. With market sentiment leaning bullish, this setup aligns with trend-following principles.
**Trump Meme Coin | Bearish Trend** The Trump meme coin, a 72-hour-old market sensation, managed to become the third-largest meme coin by market cap, reaching $9 billion. This token was launched following a tweet from Trump in the past 72 hours and quickly gained traction on the Solana network due to a massive buying wave. As a result, it was swiftly listed on major crypto exchanges and attracted a significant portion of the market’s liquidity. However, after the initial 72-hour hype, the emotional buying spree has faded, and the coin is now stuck around the $40 price range. It previously faced a crucial resistance zone between $75 and $78, but every attempt to break this level was met with heavy whale sell-offs, causing the price to plummet. Now, the coin is struggling to maintain its position around $40, and if it loses the $37–$35 support level, the price could drop further to around $27. One major reason why this type of token is unreliable is its centralized nature—80% of the total supply is controlled by a single wallet. My analysis suggests further price decline, with little to no chance of a recovery, at least until the $33–$27 range. The overall trend remains bearish, and the coin has lost all its support levels, with the strongest support now being around $34–$35. However, it remains to be seen whether new liquidity will enter the market or if existing holders will start withdrawing their funds. **This is purely a personal analysis and does not constitute any buy or sell signal.**
The price of MNT had been moving within a downward trend for an extended period, but the recent sharp drop has attracted buyers who became active at key levels. The rebound from a strong support level indicates a possible reversal and growth potential. ? Buy Zone: 0.9230–0.9968 USDT ? Take-Profit Targets: 1️⃣ TP1: 1.0736 USDT 2️⃣ TP2: 1.2513 USDT 3️⃣ TP3: 1.5485 USDT ? Stop-Loss: 0.8008 USDT ? Entry Idea: Risk/Reward = 4.2 This signal is based on the technical recovery of the coin and a favorable risk-to-reward ratio. Pay close attention to the support level and potential breakout of key levels!
If breakout happens with good volume,sellers would be trapped and prices would be pushed further
NZDUSD is neutral on its 1D technical outlook (RSI = 51.335, MACD = -0.004, ADX = 18.088), recovering the previous bearish technicals. It seems like the 1D RSI Bullish Divergence on HL is forcing the price to a short term at least bottom with the last two similar situations rising by at least +3.50% over the 1D MA50. Buy (TP = 0.57350). See how our prior idea has worked out: https://www.tradingview.com/chart/NZDUSD/qyy3TSfQ-NZDUSD-Broke-under-both-MAs-Strong-sell-signal/ ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
#BTC/USDT - Potential for a Strong Uptrend Contin
USOIL Short Trade Setup ? - Instrument: West Texas Oil (USOIL) - Timeframe: 1-Hour - Risk: Between 1% and 2% - Risk-Reward Ratio: 1:2 minimum Key Technical Analysis: 1. Price has formed a clear reversal structure accompanied by a rejection off the monthly Kijun level . 2. A 1-hour Fair Value Gap (FVG) provides a potential entry point with a confluence of the Kijun 1H level. 3. The setup is in alignment with a broader bearish sentiment due to macroeconomic influences. Fundamental Confluence: - Recent announcements signal a ceasefire in the Middle East , reducing geopolitical oil supply risks. - Trump's statement regarding plans to increase oil drilling has heightened expectations of increased supply, potentially pressuring prices downward. Trade Plan: - Entry: Within the 1H FVG zone upon bearish confirmation. - Stop Loss: Above the 1H FVG's upper boundary. - Take Profit: At least twice the stop-loss distance for a 1:2 RRR. Risk Management: Ensure strict adherence to the 1%-2% risk allocation. Always consider market volatility before executing trades. This setup offers a balanced technical and fundamental perspective. Keep in mind, the market can always surprise you. Stay disciplined!
Gold stays in positive territory above $2,700 on Monday as the improving risk mood makes it difficult for the US Dollar to find demand. Markets await US President Donald Trump's speech at the inauguration ceremony.