AAVE/USDT Chart Analysis ?? Current Price Action: The current price of AAVE/USDT is around $349.58. The price has been moving inside a symmetrical triangle pattern, indicating a potential breakout soon. ?? Key Support Levels: $293.23: Strong support zone that has held previously. ?️ Ascending Trendline: Price is respecting the upward trendline, suggesting bullish momentum. ? Key Resistance Levels: $390.94: The next resistance level that needs to be broken for further upward movement. ? $530.80: Major resistance target after a confirmed breakout. ? Breakout Scenario: A breakout above the $390.94 level could trigger a bullish rally towards $530.80, marking a potential 57% gain. ?? Technical Indicators: Symmetrical triangle pattern forming. ? Price holding above the ascending trendline. ? Volume could confirm the breakout direction. ? Summary: AAVE/USDT is approaching a critical breakout point. A successful breakout above $390.94 could lead to a bullish surge toward $530.80, while failure to hold the trendline support may see a retest of the $293.23 level. ✅ ⚠️ Risk Management Tip: Always use stop-loss and manage risk accordingly!
How can you bearish watching the monthly solana chart I can't see a case where it doesnt breakout above 450$
Considering the interaction with a major liquidity pool level, the formation of an mCH (internal structural shift), and the break of two trigger lines (major and minor), a buy setup can be established for OMNI. We have two ENTRY levels, and if the price reaches these lines for order collection, we will enter buy/long positions. There are two supply zones, with the main target being the upper supply zone. Touching the invalidation level will invalidate this analysis. Waiting for a 4-hour candle close below this level is not required, as this is a scalping position. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
? Comprehensive Analysis of Tezos (XTZ/USDT) ? Introduction to Tezos (XTZ): Tezos is a next-generation blockchain platform focusing on smart contracts and decentralized governance. What makes Tezos stand out is its ability to upgrade its blockchain without requiring a hard fork, making it highly appealing to developers and investors alike. ? Key Use Cases of Tezos: 1️⃣ Smart Contracts: Similar to Ethereum but with lower fees and enhanced security. 2️⃣ NFTs and DeFi: A preferred platform for NFT artists and decentralized finance projects. 3️⃣ High Scalability: Employs Proof of Stake (PoS) for energy efficiency and faster transactions. ✨ Thanks to its technical features and advanced governance, Tezos has become a favorite for long-term investors. ? Technical Analysis: ? Price Pattern: Currently, XTZ is trading within an Expanding Triangle on the weekly timeframe. After testing the upper resistance line of the triangle, the price has entered a short-term correction and reached a weekly support zone (gray zone: $1.118 - $1.246). ? Key Characteristics of the Pattern: In expanding triangles, a breakout in either direction often leads to significant price movements. If buyers weaken, the price could fall further to the triangle’s lower boundary and the yellow support zone ($0.574 - $0.646). ? Bullish Scenario: If XTZ manages to: 1️⃣ Break through the red resistance zone ($1.767 - $1.989) with strong momentum and volume, and 2️⃣ Penetrate above the triangle, We can expect a move toward the following Fibonacci targets: 1.618: $2.426 - $2.920 2.272: $3.967 - $4.654 2.618: $5.782 - $6.486 ? Confirmation Signals for an Uptrend: Increasing volume during the breakout. RSI entering the overbought zone, indicating strong upward momentum. ? Bearish Scenario: If the gray support zone fails to hold: The price may drop to the lower boundary of the triangle and the yellow support zone ($0.574 - $0.646). This area could serve as a potential entry point for strong buyers. ? Key Notes for Traders: Pay close attention to price action around critical levels like the red resistance zone and the triangle boundaries. ? Decision Points: 1️⃣ Red Zone ($1.767 - $1.989): A breakout here confirms an upward move. 2️⃣ Yellow Zone ($0.574 - $0.646): Buyer reactions in this zone will reveal their strength. Risk Management and emotional control are crucial to avoid impulsive entries. ? Conclusion: XTZ is at a critical technical juncture. The breakout from the triangle or key levels will determine its next direction. Potential Scenarios: ? A breakout above the red zone could lead to Fibonacci targets. ? A breakdown to the yellow support zone may attract strong buyers.
Happy new year pip hunters. Welcome back to Pinchpips Swing zone and level, SZL. We start off the new year with SZ has indicated around 933-990, and Levels as marked. Price action determines trades, so either of a or b could playout. Entry is based on the 5 min candlesticks pattern with SL @ 10-15 pips from entry. TP is as price action and momentum determines. However SL is usually moved to Breakeven, BE once entry pinches +20pips.
? **Support Levels** Key Support**: Around **₹325.70** (marked as a potential bounce zone). The recent price action indicates a double-bottom or rounding-bottom pattern ?➡️?. This is a bullish reversal signal. ? **Resistance Levels** Immediate Resistance**: ₹343.70 The stock needs to break this level convincingly for further upward movement. Next Major Resistance**: ₹446.35 (52-week high). If momentum sustains, this is the next target for bulls ?. ? **Volume Analysis** Rising green volume bars recently suggest increasing buying interest at the support level ?. A breakout above ₹343.70 with high volume would confirm the bullish trend ?. ? **Risk Factors** Failing to hold above ₹325.70 may lead to further downside, potentially testing lower levels. The broader trend (decline from October highs) suggests caution until key levels are crossed ?. ### ? **Outlook** The chart suggests a potential upward move if the stock stays above ₹343.70 and gains momentum ?. **Summary with Emojis** ?➡️?: Reversal in progress. - ?: Buying interest is increasing. ?: Potential breakout above ₹343.70. ⚠️: Risk if ₹325.70 breaks. no recommendation for buy and sell
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Rural Funds Group - Double Formation * 2X Top/Bottom Pattern | Completed Survey | Subdivision 1 * 2.250 AUD | Area Of Value - Triple Formation * (Flag Structure) | Downtrend Continuation * 012345 | Wave Count Entry Survey | Subdivision 2 * Daily Time Frame | Trend Settings Condition | Subdivision 3 Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
Reliance looking good for up side cmp 1251 on 05.01.2025
Bitcoin is showing an interesting pattern on the daily timeframe. With a key resistance zone at $100K-$102K, there's potential for a correction toward the green support area around $90K before resuming its rally. However, a successful breakout could send BTC to $110K faster than expected. Is this a 'buy the dip' moment or the start of something bigger? Check out the chart and share your thoughts in the comments!
We extend our warmest wishes for a prosperous and successful New Year 2025. May this year bring you abundant happiness and trading achievements. Regarding Bitcoin (BTC), the price has consistently respected the $94,000 level, repeatedly reversing from this area, indicating strong bullish market sentiment. We anticipate bullish momentum propelling the price to a new all-time high in the coming weeks. Our initial price target is $110,000, with a subsequent target of $120,000. We wish you the best of luck.