FX:NZDUSD failed to realize the chance when the dollar went into correction. Buyers do not believe in the realization of the bullish scenario at the moment. The price continues to succumb to pressure https://www.tradingview.com/x/7FyWTGuv/ On the weekly timeframe the price approached the strong support level 0.5545 - 0.55. Accordingly, a reaction in the form of a small correction is possible. Small, because the dollar continues its bull run, and Trump's policy allows to keep this scenario in the medium term. On H4, the price continues to test the support at 0.5588 and a local descending triangle is forming amid pressure from the bears. Possible retest of the channel resistance before further decline. Resistance levels: 0.563, 0.567 Support levels: 0.5588, 0.5511 Technically, a breakdown and consolidation of the price below 0.5588 will provoke further sales against the background of the current local and global downtrend. Regards R. Linda!
Demand Zone (Green Area): A clearly marked demand zone lies below the current price level. This zone could potentially act as a strong support area where buyers are likely to step in. Price Movement Projection : The drawn path suggests that the price may drop into the demand zone and then reverse sharply upward toward the marked resistance level at $2,724.91. Buy Opportunity: Look for long positions around the demand zone if there are signs of reversal (e.g., bullish candlestick patterns or other confirmation signals). Target: Aim for the resistance at $2,724.91 as the first target. Stop Loss: Place a stop loss below the demand zone to manage risk in case the price breaks lower.
NZDUSD Faces Strong Support Near 0.5582 NZDUSD has confirmed for the third time that 0.5582 is a very strong zone. Considering that the economic calendar will be almost empty in the second part of the day, there will be no significant events to push the price below this zone, thus increasing the chances for NZDUSD to benefit, at least in the short term. If the price holds above 0.5582, it should rise to 0.5620, where it will face its first minor resistance zone. In the best scenario, it may extend up to 0.5640 today, though this is more likely to happen next week. It is better not to keep this trade open over the weekend. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Long, in the discount, this can go very high. I was just reading a bit about it and its amazing what this thing is doing. It's AI agent, do your own research. Not financial advice you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion. What is CLS? This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets. https://www.tradingview.com/x/aVeVgSeN/ CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing. https://www.tradingview.com/x/C4QY64nH/ Good luck and I hope this educational post helps to become better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔
POL full send to a new ATH! Breaking 0.285 is the stop-loss. Passing $0.755 is the bullish confirmation. #Polygon
No words tonight - just the chart for tomorrow. A little bit of bullishness starting to form about the 4hr 200MA... lets see if it holds
Ethereum experienced a notable increase of 46% in 2024, yet this rise is overshadowed by Bitcoin (BTC), which surged over 120% during the same timeframe. Additionally, several alternative Layer-1 blockchains, including Solana (SOL) and SUI, have significantly outperformed ETH throughout the year. Nevertheless, a shift in momentum may be on the horizon for Ethereum. The first quarter of 2025 could usher in a bullish trend for this leading smart contract platform. I've pointed out that ETH is currently forming a bullish Hunt Volatility Funnel on the daily chart, with a target of $6,757 anticipated by April 2025. A continuation inverse head-and-shoulders pattern has been taking shape over the last 10 months, serving as a well-known bullish signal that hints at a forthcoming price increase. Historically, Ethereum has seen remarkable growth in the first quarter following a US presidential election. If this trend continues, Q1 2025 might turn out to be incredibly positive for ETH. The Trump administration is expected to provide clearer regulations and guidance for the U.S. crypto industry. One possible result is that spot-based ETH ETPs may be permitted to stake a portion of the ETH they manage for their investors. The demand for staking is anticipated to grow next year, potentially surpassing half of the total Ethereum supply by the end of 2025. This trend may lead Ethereum developers to seriously evaluate adjustments to the network's monetary policy. The ETH/BTC trading pair is expected to finish 2025 above 0.06, supported by favorable regulatory developments. An increase from its current low of around 0.03 could trigger the long-anticipated #altseason.
BINANCE:XLMUSDT remains subdued, oscillating between the $0.4819 support and $0.4881 resistance levels. Despite recent bearish MACD crossovers, the 9 EMA maintains alignment above the 20 EMA, indicating short-term support for upward momentum. The RSI's decline towards neutral territory suggests the possibility of range-bound trading, with $0.468 acting as a pivotal support zone. Long positions could be considered if the price decisively breaks above $0.4881, with targets set at $0.493 or $0.4987. Conversely, traders eyeing short opportunities should watch for a sustained drop below $0.4819, aiming for a retest of $0.468.
No words tonight - just the chart for tomorrow. wild trading range here. Red signal line
- update on this analysis: https://www.tradingview.com/chart/BTCUSD/uvkeUupL-Shampoos-on-BTC-have-a-shit-hit-rate-however-this-one/ - as expected the head and shoulders pattern on Bitcoin did not work out and acted as a bear trap - with 5D volatility extremely low and with Trump stepping into the office in 3 days it is now highly likely we get a strong upside move - confluence with usdt d. that is likely to retest its 2W star cross very soon