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Ethereum (ETH/USDT) is trading within a descending triangle, currently near the $3,250 zone, a strong support level. Recent price action has respected this support multiple times, suggesting a possible rebound. A breakout above the descending trendline could push prices toward the target zone of $3,930-$4,000, aligning with Fibonacci extensions and resistance levels. Key Levels to Watch: Support: $3,000 Resistance: $3,500 (trendline), $3,930 (future target) Indicators: RSI is near 45, indicating neutral momentum with a potential for reversal. ADX shows weak trend strength, but bullish divergence may develop. Volume is decreasing, signaling a potential breakout on confirmation. Trade Plan: Entry: On breakout above $3,500 with confirmation (daily close). Target: $3,930 Stop-Loss: Below $3,000 to manage risk. Watch for rejection at $3,500 if volume fails to support the breakout. A break below $3,000 may invalidate the bullish setup. Feel free to share your thoughts, feedback, or alternative perspectives to enhance this analysis further!
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Yello, Paradisers! Are you prepared for what’s about to unfold? #ONDOUSDT is at a critical juncture, and the price action is signaling that a major move could be imminent. Will it skyrocket higher or collapse below support? Let’s dive into the analysis. ?#ONDOUSDT is currently trading within a falling wedge pattern a classic bullish indicator that often hints at a potential trend reversal. The price has been squeezed between a descending resistance line and a strong support level, creating a buildup of tension. At the moment, #ONDO is sitting near the $1.25665 demand zone, a critical level that buyers have historically defended with vigor. If this zone holds, a significant bullish breakout may be on the horizon. ?Adding weight to the bullish case is the RSI divergence, which indicates that selling pressure is weakening.If #ONDO can break above the wedge’s resistance line, the stage could be set for a rally toward the $1.75–$2.30 range, with the potential to reach $2.50 or higher if bullish momentum continues. ?However, we must stay vigilant and prepared for the alternative. If the $1.25665 demand zone fails, #ONDO could drop toward an untested historical support level at $1.0995. A break below this level might trigger a liquidation event, as weak hands are flushed out of the market. A deeper correction could then push prices toward $0.90 or even $0.70, invalidating the bullish wedge and likely increasing selling pressure. Paradisers, this is a prime example of why patience and preparation are the most important tools in a trader’s arsenal. While most traders act on emotions, always focus on planning, waiting for confirmation, and executing smartly. MyCryptoParadise iFeel the success?
gold selling zone can be clearly seen on the chart
hello guys! Broken Channel: The price recently broke out of a rising channel, signaling a potential shift in trend. Following the breakout, it retested the broken channel boundary, indicating that this level now acts as resistance. Double Top Formation: A double-top pattern can be observed near the upper resistance zone around $2,710–$2,730, suggesting that the price struggled to maintain upward momentum. This is a bearish signal, implying a potential reversal in the near term. Middle Line of the Larger Channel: The price touched the middle line of the larger upward channel before retracing, highlighting the importance of this level as a key resistance zone. Potential Path: if the price fails to break above the resistance zone ($2,710–$2,730), it could decline sharply toward the next support levels around $2,580 and $2,540.
Even though many sentiment indicators (i.e. COT reports) talk about a very crowded CAD tarde, the Daily and Weekly chart still support the uptrend up until ATH.
US30USD Analysis (Educational Purposes Only) Technical Outlook The US30USD (Dow Jones) remains in an uptrend, showing strong bullish signals for the coming week. Key highlights include: Weekly Bullish Engulfing Candle: Last week’s candle closed with a bullish engulfing pattern, confirming upward momentum. Daily Support Rejection: Price rejected a key daily support zone around $42,600, reinforcing it as a strong buy zone. Resistance Breakout: The market broke through previous resistance, turning it into support and opening the door for higher targets. Bullish Falling Wedge: A falling wedge pattern has broken out above the neckline, signaling further potential upside. Trade Setup Entry Zone: Buy from the pullback and retest area near $42,600. Stop Loss: Place at $41,550, just below the weekly candle’s low. Take Profit Levels: TP1: $45,075. TP2: $46,024. Fundamental Factors to Watch Earnings Reports: Key Dow components' earnings may drive volatility and influence price direction. Unemployment Data: U.S. job numbers, especially unemployment claims, will provide insight into economic health. Market Sentiment: US30 eyes third weekly gain as markets look to Donald Trump Inauguration.
https://www.tradingview.com/x/VAKsBjQM/ Hello, Friends! SPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 5H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 586.47 area. ✅LIKE AND COMMENT MY IDEAS✅
The cryptocurrency market is abuzz as Bitcoin rallies toward unprecedented levels. The question on everyone’s mind: ? Can the demand in the $101,000–$102,300 range propel Bitcoin to break its previous all-time high of $108,350 and set new historical records? Buyers in Control The bullish momentum for Bitcoin has been remarkable, with the rally initiating strongly from the $97,000 level. Buyers have consistently dominated the market, displaying resilience and preventing any significant pullbacks. The current trend reflects unwavering confidence among bulls, reducing the likelihood of a near-term price decline. Key Support and Demand Zone The $101,000 to $102,300 price range stands as a crucial support and demand zone. This range has attracted substantial buyer interest, creating a solid foundation for further price surges. As long as this zone holds, Bitcoin's path toward retesting and surpassing the $108,350 high appears highly plausible. Historical Highs in Sight If Bitcoin maintains its upward trajectory, breaking the $108,350 barrier seems inevitable. Moreover, the formation of new price peaks beyond this level is within reach, given the strength of current market dynamics. The chart signals point to the possibility of Bitcoin setting a new benchmark, solidifying its status as the queen of cryptocurrencies. The Big Question While the outlook remains bullish, the market is never without surprises. Can sellers muster enough pressure to challenge the dominance of buyers in the critical demand range? Or will Bitcoin ascend to levels never seen before in its history? Let’s hear your thoughts! Is this the dawn of a new era for Bitcoin, or could the market take an unexpected turn? #Bitcoin #CryptoAnalysis #BTC #AllTimeHigh #CryptoMarkets