This visualization transforms price data into a dynamic constellation of interconnected points, moving beyond linear time series analysis to explore hidden dimensions of market behavior. It leverages the human brain's pattern recognition abilities to potentially reveal insights invisible on standard charts. █ CONCEPTS This visualization breaks free from the constraints of linear time by connecting data points based on relationships beyond chronological order. This approach allows for the exploration of non-linear patterns and multi-dimensional time series analysis, leveraging the speed of visual information processing in the human brain. It's a demonstration where a logarithm is swinging back and forth sweeping to look for patterns that the lines cross along common frequencies. █ NEW AVENUES OF OBSERVATION • Non-Linear Pattern Detection: Identify patterns and correlations invisible on standard charts, such as subtle shifts in market sentiment or recurring motifs signaling trend changes. • Multi-Dimensional Time Series Analysis: Explore dimensions beyond time, such as volatility, volume, or sentiment, to uncover hidden drivers of market behavior. • Visual Intuition: Leverage the brain's pattern recognition to intuitively grasp complex market dynamics obscured by traditional methods. █ THE POTENTIAL OF IMAGINATIVE TOOLING This visualization demonstrates the power of creative coding with Pine Script and the potential of platforms like TradingView to develop innovative market analysis tools. █ TECHNICAL INSIGHTS The focus on visuals stems from the brain's rapid processing of visual information compared to text or numbers, enabling faster pattern and trend identification. █ QUESTIONS FOR FURTHER EXPLORATION 1 — What relationships between data points are visualized (price proximity, volatility, volume, etc.)? In this case, it's a demonstration where a logarithm is swinging back and forth sweeping to look for patterns that the lines cross along common frequencies. 2 — How can we quantify and automatically detect/classify emerging patterns and clusters? By measuring when lines cross pivots, distance of points from patterned averages, density between two lines... Many possible ideas. 3 — How can we incorporate additional dimensions to enrich market behavior understanding? By Trying, by testing, experimenting in ways beyond what you saw before. █ FUTURE DIRECTIONS This is a starting point for further research. Continued exploration could lead to sophisticated tools integrating multiple market data dimensions, allowing navigation through a visualized landscape for better predictions and strategies. Imagine a future where traders and analysts can navigate through a 3D visualised landscape of market data with overlapping colours, transparencies, layers indicating correlations, zooming in on specific patterns and lighting up in ways that show us moments of significance that were previously invisible. █ CALL TO ACTION Experiment with Pine Script and share your visualizations. Collective creativity and innovation can drive this field forward. Let's explore, experiment, and push the limits of visual thinking together. This visualisation is only one of many starting points, you can find a number of other greet works by browsing through the scripts available on Trading view, I am sharing this as an invitation to think outside the box. https://www.tradingview.com/x/NnHGcVrz/
Yello, Paradisers! Can XRP bulls muster enough strength to break free, or is the market preparing for another leg down? Let’s dive into the latest analysis of #XRPUSDT: ?#XRPUSD is currently consolidating within a symmetrical triangle formation, signaling a period of indecision as both bulls and bears battle for control. The immediate focus is on the $2.386 resistance level, which aligns with the descending resistance of the triangle. A decisive breakout above this level would confirm bullish momentum, paving the way for a rally toward the $3.20-$3.40 supply zone. This area represents a significant hurdle, and clearing it could spark renewed bullish sentiment and attract stronger market participation. ?On the other hand, if #XRP fails to break above $2.386, the price could pull back to retest the strong support levels at $1.965 and $1.712. These zones have been critical in maintaining the bullish structure, acting as a springboard for previous recoveries. A bounce from here would give bulls another opportunity to regroup and attempt to break resistance. However, if CRYPTOCAP:XRP breaks below the $1.712 support, it would signal a bearish invalidation, opening the door for further downside toward the $1.40 demand zone. Such a move would shift the momentum in favor of bears, increasing the probability of a deeper correction. ?If the price manages to close a daily candle above $2.386, it would validate a bullish breakout and likely fuel the next leg up. Conversely, a daily close below $1.712 would confirm a bearish breakdown, with the potential for #XRPUSDT to retest lower levels. Stay focused, patient, and disciplined, Paradisers? MyCryptoParadise iFeel the success?
This entry on 2360 I shared it with some of my clients and they all approved to share it to public. Here you go now you can ride it and target 44.05. Follow for more!
BYBIT:EGOUSDT ### 1. **Current Price: $0.020089** ? - The **current price** of the asset is **$0.020089**. This is the price at which the cryptocurrency is being traded right now. You mentioned that it's "holding" around this price, meaning it's consolidating in this area without making significant moves either up or down. ### 2. **Next Resistance Level: $0.02500** ? - A **resistance level** is a price point where the asset historically struggles to rise above. It's a level where selling pressure typically overcomes buying pressure, causing the price to either stall or reverse direction. - The **next resistance** for this cryptocurrency is **$0.02500**. This means that if the price manages to rise above the current price, it may face resistance near $0.02500. If it breaks this level, it could continue climbing higher. ### 3. **Immediate Resistance: $0.02343** ? - The **immediate resistance** level is a more near-term barrier that could halt the price rise temporarily. You noted that there is **slow rejection** at this level, meaning that as the price approaches **$0.02343**, selling pressure is starting to take over, pushing the price back down. - If the price keeps rejecting at this level, it suggests that **$0.02343** is a strong area of resistance, and the asset might not easily push past it without significant buying pressure. ### 4. **Support Levels: $0.01800 ↘️ / $0.01400 ?** - A **support level** is the opposite of a resistance level: it's a price point where an asset tends to find buying interest, which prevents the price from falling further. Essentially, it's where the asset "bounces" off. - The **support levels** you mentioned are **$0.01800** and **$0.01400**. If the price starts to fall and breaks through resistance at $0.02343, these support levels act as safety zones. - **$0.01800** would be the first level to watch for buying interest. If the price breaks below this, then the next support is **$0.01400**, which might be a stronger point where the price could stabilize again. ### To summarize: - **Current Price**: Price is holding at **$0.020089**. - **Resistance**: The next resistance is around **$0.02500**, but **$0.02343** is a more immediate barrier. - **Support**: If the price falls, the first support level is at **$0.01800**, with a more significant support at **$0.01400**. Disclaimer : This analysis can help you understand where the price might face difficulties moving up or down. But remember, cryptocurrency markets are volatile, so these levels can change quickly, and always perform your own research before making any trading decisions.
The price perfectly fulfilled my last idea. It hit the target. FX:EURUSD made a downward impulse move, creating a large bearish candle. The market is currently consolidating, providing an opportunity to take advantage of its sideways movement. It is rolling back towards a resistance zone and an upward trendline. Looking left, we see that the price has bounced off this area twice before, so it could potentially rebound again given the current sideways trend. I expect the price to reject the resistance zone, leading to a decline. My goal is support zone around 1.03800 https://www.tradingview.com/chart/EURUSD/SBK9OujG-Lingrid-EURUSD-continues-to-SEE-Consolidation/ Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
The chart shows a simple zigzag pattern Solana is currently in wave C. The minimum target for the coming year is $540, as wave C of the zigzag should at least reach the 0.618 fib level. Typically, a normal wave C can range from anywhere between the 0.618 to 1.618 Given Solana’s overall bullish structure, I believe the current price represents a strong buying opportunity and a loading zone.
4h time frame is in trading range . 1h time frame is in down trend (down market structure). 15m time frame is in weak up channel . we will wait until 15m up channel comes in our zones and wait for market goes to down trend.
Hello, this is Greedy All-Day. Today's analysis focuses on NVIDIA. Daily Chart Overview https://www.tradingview.com/x/2JFsdMjj/ Let’s begin with the daily chart. From May 2023 to January 2024, NVIDIA remained in a range-bound market marked by the yellow box, with a range between approximately 39 and 51. After breaking out above the green box, NVIDIA experienced a one-way rally, as seen in the candles within the blue box. Since April 2024, NVIDIA has been forming a new pattern: a rising wedge. About the Rising Wedge Pattern This pattern typically suggests a bullish continuation during its formation. However, if the support zone at the bottom of the pattern is broken, it can signal a trend reversal or even a drop to the starting point of the pattern. For NVIDIA, this would mean a break below the red box, potentially leading to a drop to the 75 level, which marks the start of the pattern. Considerations The pattern is not yet complete, as it requires a confirmed breakdown to be validated. Currently, the stock price is moving upward, forming higher lows, indicating potential consolidation for a strong upward move. For now, this is something to monitor rather than act on immediately. Preparing for Potential Scenarios https://www.tradingview.com/x/1DMuCokg/ Even when looking at NVIDIA’s last 5 years of data, the stock has shown significant corrections during long-term trend reversals: Minimum correction: 42% Maximum correction: 66% At the current stage, while the possibility for further upward movement remains, a break below the red box would signal a completed rising wedge pattern. The pattern’s target zone suggests a drop of approximately 50% from the recent high. A breakdown from the red box could lead to an immediate correction of around 35%. Being prepared for such a trend reversal can be a prudent approach. Buying Strategy https://www.tradingview.com/x/Sc377yft/ Where would be the best entry points for buying NVIDIA? Here’s the strategy: 1st Entry Zone: 75 (White Box) Reason: This level corresponds to the start of the rising wedge pattern, aligning with the support zone seen in the blue box above. 2nd Entry Zone: 50 (White Box) Reason: This level marks the upper boundary of the range formed from May 2023, which previously acted as resistance but is now expected to act as support. Significant buying activity is likely to hold this level. Additional Evidence In the orange box, the previous one-way upward trendline (white trendline) was broken in the purple box, causing a decline to the starting point of the rally before rebounding. Similarly, in the red box, after forming a range-bound market with supply zones, NVIDIA created a rising wedge pattern like the current one, ultimately dropping to the pattern’s start before rebounding. Based on this evidence, I recommend 1st and 2nd entry zones for safer buying opportunities. Why Not Consider Breakout Trades? Personally, I believe NVIDIA has become too expensive, which is why aggressive breakout trades are not part of this strategy. Conclusion NVIDIA is currently forming a critical pattern, and while there’s potential for further upside, it’s essential to prepare for potential trend reversals. Following the outlined strategy with well-considered entry points can help mitigate risk and maximize opportunities.
The price of Gold is now near running near $2614_$2616 will go down and get support at $2590 it will struggle to reach near upper resistance area' this is not financial advice but the technical and fundamental analysis show that the price of Gold go down and will get again support at $2590 key areas Entry point $2624 to $2617 the zone TP1 $2600 TP2 $2590 SL $2622 Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me!
Ganz auf tierische Produkte verzichten? Ist im Alltag gar nicht so einfach. Beauty-Redakteurin Anna hat ihre "Veganuary"-Erfahrungen zusammengefasst.