US30 Gave a nice bullish signal from the 42299 support level for a nice intraday opportunity. Look for price to consolidate between the above mentioned support level and resistance level at 42900. Look for intraday opportunities between these levels for profits until price decides to return overall bullish again.
Key Observations: Elliott Wave Structure: The analysis identifies a potential completion of Wave 4, setting the stage for Wave 5. Price is projected to move towards the key resistance zone near the tip of the arrow. Target Zone: Price Target: $79.34 This level aligns with the Elliott Wave 1.00 Fibonacci Extension, indicating a potential bullish breakout. Support and Momentum: Support Zone: $56.73–$53.40 (Wave 4 retracement levels). Momentum remains bullish, as the price sustains its position above key trendlines. Scenario: Bullish Scenario: The price targets $79.34, driven by strong momentum and adherence to the Elliott Wave structure. Bearish Scenario: A breach below $56.73 may invalidate the immediate bullish setup, leading to a potential consolidation or pullback. Conclusion: Target Price: $79.34 Confidence Level: High (if support levels hold). ? Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always perform your own research and consult a financial advisor before trading. ?
Markets can be deceiving. The markets are ruthless and will chew you up if you are not careful. Often you need to look deeper than just price action and combine indicators to help tell a better story. I've found divergence and convergence between price and various indicators. Particularly volume-based metrics and oscillators which highlight trend deviation a bit better. Remember it's all about supply and demand. Find imbalances and deviations. I've found order flow and auction market theory useful especially in a bull market.
? Watch for a trendline breakout and retest to confirm a long position. Key Levels: ? Resistance: PMH $0.01447 ? Support: PWL $0.008087
Currently, Bitcoin Cash is showing a bullish momentum with a breakout attempt above the $478.1 resistance zone. I have set a stop buy order slightly above this level to open a trade, as confirmation of the breakout could lead to further upward movement. Key Levels: Resistance 1: $478.1 (Breakout Zone) Resistance 2: $530.2 Support 1: $454.1 Support 2: $413.1 Trade Setup: Entry: Stop Buy at $480.3 Take Profit: $530.2 Stop Loss: $454.1 The RSI on the 4-hour timeframe is at 66.19, indicating momentum is shifting towards overbought but still has room for further growth. If the breakout fails and the price falls below $478.1, I will reassess for potential downside opportunities. Let’s see how this plays out!
AUD/USD is testing downtrend support here into the start of the month / year at the lower parallel. The focus is on possible inflection off the 2022 low / yearly open at 6170/88 over he next few days. Bottom line: Rallies would need to be limited to 6348/62 IF price is heading lower here with a close below this pivot zone exposing the 61.8% extension of the 2021 high / 78.6% retracement of he 2020 advance at 6022/45. Published a more in-depth review of this AUD/USD setup earlier today. MB
Fundamentally, AMD maintains a strong position in the semiconductor industry, with a consensus among 31 Wall Street analysts rating the stock as a 'Moderate Buy.' The average price target is $191.96, indicating a potential upside of approximately 59% from the current price. Recent developments, such as increased demand for AI-driven technologies, have positively impacted AMD's stock performance. AMD's current price of $124.27 places it near the lower boundary of its regression channel, approximately two standard deviations below the mean. Statistically, prices this far from the mean represent extreme movements, occurring only about 5% of the time under normal distribution assumptions. This significant deviation suggests a high probability of mean reversion, particularly for a well-established stock like AMD, which operates in a cyclical yet fundamentally robust sector like semiconductors. Given AMD's strong fundamentals, including its leadership in high-performance computing and AI-driven solutions, there is a reasonable expectation for its stock price to move back toward the mean during 2025. Historically, stocks that deviate this significantly often see a correction as market sentiment stabilizes. Combined with Wall Street's consensus price target of $191.96, indicating substantial upside potential, and the broader semiconductor industry's expected growth, this setup suggests a favorable risk-reward profile for long-term investors considering AMD at its current levels.
"Given the correction in Bitcoin dominance and USDT dominance, be sure to manage your position carefully, based on your own strategy, and always use a proper stop-loss according to your risk tolerance."
XAUUSD (Gold) 1H bullish trend based on ICT trading strategy. Bullish market entry after a little downtrend.
Hello dear friends check BTCUSD (Bitcoin) Structure here and share your ideas about it. According to my personal opinions Bitcoin will Bullish now until the given targets. ?Key Points are Given Bellow. ✔️Target 1/ 10,0000 ✔️Target 2/ 107,000 ?Support 1. / 93,000 ?Support 2 / 91,500 ✅ Stay Ahead in Market. ? Like ,Comment and follow for timely Updates.