XAUUSD maybe down first to 2673 - 2665 before Fly Can't break 2711 for now if break 2704 then target 2673....
Ethereum ( CRYPTOCAP:ETH ) has been in the spotlight following a significant purchase by Donald Trump’s decentralized finance (DeFi) project, World Liberty Financial (WLFI). This strategic move has sparked optimism among traders and analysts, positioning Ethereum for a potential price surge to $4,000. World Liberty Financial’s Strategic Accumulation In the last 24 hours, World Liberty Financial purchased 14,403 Ethereum, spending approximately $48 million USDC at an average price of $3,333 per ETH, according to data from Arkham Intelligence. This purchase has propelled WLFI’s total Ethereum holdings to 40,765 ETH, valued at approximately $138.5 million. This significant investment comes amid a 5% price jump in Ethereum, with the cryptocurrency trading at $3,400 at the time of writing. The purchase also coincides with a 117% surge in daily trading volume, now standing at $68 billion. Eric Trump, the executive vice president of the Trump Organization, hinted at additional Ethereum purchases in the pipeline, bolstering confidence in Ethereum’s long-term potential. Furthermore, WLFI’s addition of 5 billion WLFI tokens for sale at a 230% markup has raised additional capital, signaling aggressive expansion plans. Technical Analysis Ethereum has shown resilience, bouncing back from the $3,100 support level. ETH is currently trading at $3,333, up 3.79% in the last 24 hours. A bullish reversal pattern is forming, suggesting further upward momentum. The RSI is at 48, indicating that Ethereum is not overbought and has room to capitalize on liquidity. Furthermore, The 78.6% Fibonacci retracement level aligns with the $3,100 mark, providing a strong support zone in case of a correction. Resistance is expected at $3,500, with a breakout paving the way for a rally toward $4,000. The 117% increase in daily trading volume highlights growing market interest. Additionally, total ETH liquidations have surged to $209 million in the last 24 hours, further supporting the bullish narrative. Market Sentiment and Broader Implications Ethereum’s price recovery aligns with broader market trends, with Bitcoin also witnessing significant upward momentum, reaching $109,000. The overall bullish sentiment in the crypto market is supported by increased institutional interest and positive macroeconomic factors. What Lies Ahead for Ethereum? With World Liberty Financial’s substantial investment and the bullish technical setup, Ethereum is well-positioned for further gains. The immediate target remains $4,000, with the potential for higher highs as market confidence grows. Traders should watch for a daily close above $3,500, which could confirm the next leg of the rally. For investors, the $3,100 support level offers a compelling buy zone in case of a pullback, while long-term holders can benefit from Ethereum’s growing adoption and institutional backing. As World Liberty Financial continues to accumulate Ethereum, the altcoin’s trajectory appears increasingly bullish, making it a key asset to watch in the coming days.
https://www.tradingview.com/x/XqmDyDHA/ NZDCAD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell NZDCAD Entry - 0.8104 Stop - 0.8133 Take - 0.8055 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
There is a incoming pullback now on the 1 hour chart Stop loss: 1.046 Take profit: 1.03
Let’s dive into what’s cooking with ARB. The chart is forming a Falling Wedge Pattern, which is a textbook bullish continuation signal. Here’s my breakdown: What I’m Seeing: 1️⃣ Falling Wedge: The price has been bouncing between the resistance and support lines, and it’s nearing a decision point. A breakout above the wedge could be HUGE! ? 2️⃣ Key Levels: Support: The $0.65 zone (yellow area) is holding strong for now. If this level holds, we could see some serious upward action. ? Resistance: First, we’ve got to break through $0.85 (red zone), and then the real test will be around $1.16. That’s the big boy resistance. ? 3️⃣ Targets: TP1: $1.0183 – A solid first target once the breakout is confirmed. TP2: $1.16 – The ultimate goal if momentum stays strong. ? The Plan: ? If ARB breaks above the wedge and retests around $0.75-$0.80, I’ll be looking for an entry. Volume confirmation is ? here, so keep an eye on that. ? My stops would be tight, just below $0.61 to manage risk. The R:R on this setup is juicy if it plays out. Bearish Case: ❗️ If $0.61 breaks, the next strong support is all the way down at $0.45 (green zone). That could mean more consolidation before the next leg up. Final Thoughts: This setup has some great potential, but patience is key. Watch for that breakout above the wedge and don’t chase—wait for confirmation. Let me know your thoughts in the comments! Are you bullish on ARB, or do you see something different? ?? Let’s see how this plays out. LFG! ?? #Crypto #ARB #ChartAnalysis #Trading
With Trump coming into office, there is a chance of a huge blow off top. This is where I would be selling.
I'm really not liking the direction that Sui is heading as of late. The medium-term upwards channel that Sui was in seems to have been invalidated now.
D : green 4HR: green BB50: uptrend bounce 15: up CONSOLIDATION Triangle patter continuation Macd rsi above Rsi hit 70 NOTE - uptrend - cont patter BIAS: long Conservative entry on recent higher high Tp on 1.236 on 112k 1st tp 2nd will be 12ok (swing higher high on 4h to swing lower low)
The 2nd inauguration of Donald Trump (now to sworn as the 47th president of the United States) is here and expected to take place on Monday, January 20, 2025. Crowds are gathering in Washington DC in freezing conditions ahead of this most anticipated over past several months event. Tech sector stocks are about to have a welcome moment also. The main technical graph for Nasdaq-100 indicates here's "time to shine" as positive fundamental and technical catalysts converge. A rising potential for AI monetization via agentic AI as a technology can autonomously accomplish complex tasks on the user's behalf. The fact is that widespread AI adoption has happened heavily more rapidly than PC and internet adoption in prior major technology cycles, which could mean that AI is closer than expected. As a result, qualitative commentary on ramping up enterprise AI adoption during earnings calls will likely evolve into indications of incremental revenue boosts this year, before more meaningful monetization as early as 2026, they add. Such a trajectory would likely be a welcome development for many AI investors who expressed worries last summer after pouring such huge amounts of money into the tech with little signs of a return on investment. In technical terms, Tech heavy Nasdaq-100 futures has been supported a week ago by 100-Day SMA, and now an epic breakthrough of the Reversed Head-and-Shoulders technical figure is coming. Descending Bearish channel seems is clearly broken in this time. https://www.tradingview.com/x/yucbbwM8/
Looking at the technical picture of the MARKETSCOM:AUS200 Cash index, we can see that the price remains on an uptrend, while balancing above a medium-term tentative upside support line taken from the lowest point of August 2024. Despite seeing a relatively strong correction lower throughout the whole of December, the index remains resilient to downside pressure. That said, in the short-run, at the time of writing, MARKETSCOM:AUS200 is struggling to break above a key resistance area, around the 8370 barrier. In order to shift our attention to some higher areas, a break above that key resistance area would be needed. That’s when we may see some more bulls entering the field. If such a move occurs, we might start aiming for the current highest zone, near the 8522 hurdle. For the downside scenario, we will take a more conservative approach and wait for a break below the previously mentioned upside line. Additionally, a drop below the current lowest point of January, at around 8131 area may invite more bears into the market, potentially opening the door for a move towards the 200-day EMA and the psychological 8000 mark. If that hurdle is unable to withstand the pressure from the sellers, further declines might be possible. RISK DISCLAIMER 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.