I have not been very interested in MSFT for the past several months, but it's coming into a major area so there could be a big move soon. It has been somewhat weak compared to the rest of the mag 7 and has a major support from the November 2023 uptrend. Looks kind of bearish to me right now after having that failed breakout that almost retraced the entire move already. Will be very important for bulls to maintain the uptrend. I'm neutral on it for now until we see how it reacts from here.
? OTEUM’s Power Play: Kicking off 2025 with an Intramonth Short CME_MINI:ESH2025 ! We’re eyeing a sharp shakeout before Trump takes office, targeting the next daily support levels. Keep an eye on the 6000-6050 value zone for the perfect entry to ride this sell-off wave to next daily supports.
Bitcoin https://www.tradingview.com/chart/?symbol=COINBASE%3ABTCUSD is locked in a showdown at FWB:98K , staring down the $99K resistance that slapped it back last Friday. This isn't just any resistance—it’s the boss fight of the current rally. A double bottom at GETTEX:97K had traders calling it a breakout signal, fueled by Golden Candle alerts (shoutout to our "The Golden Candle" Indicator). The rally from GETTEX:92K last week had everyone partying, but our trusty Bagholder Detector shows some serious profit-taking vibes as bagholders pile up around 98-99k zone. On the technical side, the 4-hour RSI is hovering just below overbought territory, while the MACD signals waning bullish momentum. To keep the rocket fuel burning, Bitcoin needs to smash through $99K like a bull in a china shop, or risk descending into consolidation limbo. With institutional buying ramping up and rumors of new crypto ETF approvals swirling, the stage is set—the party either goes to $108K or I'm going to throw a wet noodle at the wall and see if that will stick at least.
SHORT-TERM BTC/USD BULLISH SIGNAL TARGET: $100,000 Get ready for a potential price surge! Stay tuned for updates and trade safely!
? Entry: $12.25 ? Stop Loss: $11.66 ? Target 1: $12.78 ? Target 2: $13.56
This chart is a technical analysis of the Polkadot (DOT) price on the Binance exchange, using the Tether US (USDT) as the trading pair. Here's a breakdown of the key elements shown: Candlestick Chart: The main part of the chart shows the price movement of DOT over time. Each candlestick represents one day. The recent price action shows a significant upward movement, followed by a sharp decline. Fibonacci Retracement Levels: The horizontal lines with percentages (0.236, 0.382, etc.) are Fibonacci retracement levels. These levels are used to identify potential support and resistance levels. The price has retraced to around the 0.5 level after the recent peak. Volume: The bars at the bottom of the candlestick chart represent the trading volume. Higher volume during the price increase suggests strong buying interest, while the volume during the decline indicates selling pressure. MACD Indicator: Below the price chart, there's the Moving Average Convergence Divergence (MACD) indicator. It consists of: MACD Line (blue): The difference between the 12-day and 26-day EMA of the price. Signal Line (orange): A 9-day EMA of the MACD line. Histogram: The difference between the MACD and signal lines. The MACD crossing below the signal line can be a bearish signal, suggesting potential for further price decline. Analysis: The recent price spike followed by a sharp decline might indicate a correction after a bullish run. The price has retraced to around the 0.5 Fibonacci level, which could act as a support level if the price finds stability here. The volume increase during the price rise and subsequent fall suggests strong market reactions, both in buying and selling. The MACD indicator has turned bearish with the MACD line crossing below the signal line, which might suggest that the downward trend could continue unless there's a significant buying volume that pushes the price back up. Conclusion: Short-term Outlook: The price might test lower Fibonacci levels (0.618 or lower) if the bearish momentum continues. Watch for any bullish divergence in the MACD or a significant increase in buying volume for signs of a reversal. Long-term Outlook: If the price holds above the 0.618 Fibonacci level and there's a bullish crossover in the MACD, it could indicate a potential for another upward move. Remember, technical analysis should be combined with other forms of analysis (like fundamental analysis) for more accurate predictions. Also, market conditions can change rapidly, so it's essential to keep an eye on real-time data and news related to Polkadot or broader market trends.
Hi, showing herewith, the progress of my bitcoin analysis posted in the mid of october 2023, here , i'm showing how patterns impacted the price then, also, how to use channel ratios effectively posting the original idea in next graphic
As our previous signal Hit TP ?, you can check our previous signal. Now it can retrace down 641 ~ 662 Fib Golden Zone and It may go up again after retracement. Stop Loss would be 635.
Nifty future and banknifty future analysis and intraday plan. Swing ideas. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
Clean looking bull flag here on AMZN. An upside break should lead to a move back up to ATH, which may also present a long opportunity if it breaks and holds on a retest. Flag pole target is up near $265. Longer term downside target is around $195 if it turns bearish.