The analyst believes that the price of { ETHUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend. Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
XRP/USDT 2H G-Money's short version analysis based purely on technical analysis only, no nonsense or "BS". I do totally ignore any fundamental analysis, technical analysis only XRP/USDT still kinda on the watchlist waiting for a signal to enter trade. Some early/partial entries are done as well already. Still waiting for crossing & closing candle over "entry" level... What do you think? Chart is itself explaining. Kept a "KISS" approach all the way ( "Keep It Simple, Stupid") & beginners friendly... ;) I do hope that nobody ignoring SL ( Stop Loss) ! Without it, It is a fastest way to loose hard earned money... ;) Trade safe & don't do "gambling". In the end it never pays, not worth it to risk loose all your $... PS: above technical analysis is done for the community & educational purpose only! It is not a financial advice. Just share my very own insight to it. This Technical analysis is my Christmas "Present" for You ! Merry Christmas to ALL !
The analyst believes that the price of { BTCUSD } will increase in the next 24 hours. This prediction is based on quantitative analysis of the price trend. Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
The price has been moving around a descending trendline for some time. Notably, the September 30, 2024 candle, which shows the highest volume since March 13, 2023, has not been broken to the downside. I believe the trend reversal is about to begin, with a critical level at 75.060 to watch for confirmation.
I am taking a short position in my entry zone. I will hold position until tp2. And if it goes against us then we will wait for a candle closing in our stop loss zone. Entry Targets and Stop Loss marked on chart. Use money & risk management. BINANCE:BTCUSDT.P NB: Just for educational purposes only.
DOT/USDT Daily Analysis: Inverse Cup and Handle Pattern Emerging Polkadot (DOT) appears to be forming a bearish inverse cup and handle pattern on the daily time frame, signaling potential downside if the pattern confirms. Here’s the breakdown: ? Pattern Structure: Cup Formation: The large, rounded top indicates a loss of upward momentum, culminating in a clear resistance zone around $7.50-$8.00. Handle Formation: A minor consolidation or relief rally, currently forming as a descending structure near the neckline, which is a key bearish continuation signal. ? Key Levels to Watch: Neckline Support: The yellow horizontal line at approximately $7.00 is critical. A breakdown below this level would confirm the bearish pattern. Measured Move Target: The projected downside is calculated by measuring the height of the "cup" and projecting it downward from the neckline. This suggests a potential target near $4.70 (red support zone). ? Bearish Case: A breakdown below the neckline with strong volume could accelerate selling pressure, leading to a significant drop toward the measured move target. The red arrow indicates the expected price trajectory if the neckline support fails. ? Invalidation: If DOT manages to hold the neckline and break above $8.00, the bearish pattern could be invalidated, opening the door for a bullish move. ? Conclusion: The inverse cup and handle pattern suggests a bearish outlook for DOT/USDT, with a possible move toward $4.70 if the neckline breaks. Traders should watch for volume confirmation on the breakdown and set proper risk management strategies. Do you think DOT will hold the neckline, or is a breakdown imminent? Share your thoughts! ?
After the market's strong reaction to the Fed's rather hawkish outlook, we see three consecutive days of rising prices in the QQQ and SPY. This creates a chart pattern that can be described as Three White Soldiers (the opposite of Three Black Crows). Even if the chart pattern is not perfectly clean, it can still indicate a strong uptrend for the beginning of 2025. Cheers!
SUI 4H inside a Bullish OB after breaking HTF downtrend upwords as well as a retrace back to 20ema line I am long SL is 1h close below 4.485
As my analysis shows here, the #NFLX will more likely reach the target of $1160 by the end of 2026. This will be beyond the market average and it's a beat the market situation. Study more, technical analysis is just the probabilities overview.
During the last couple of days we encounter some inflow into the coin. However, we see quite a resistance around the 3500-3550 Looking at the weekly chart, we can see two cups and handles that already completed their formation but yet to fully execute. The smaller one (yellow) tried to break the 4100 resistance but didn't, and the price pulled back heavily after a major double top. As for now - if there will be another try, it will need to be strong, very strong, in order to move further up. Next key levels: around 3700, then 3900 and then the strong barrier - 4100. if it will go sky high, then the sky is the limit, and we can the steps of the fibos of the short term and the long term. Unless the bulls will take charge, we can face a decline to the 3100 level, then strong support around 2900. Personally i use a combination of CMF to estimate what's the market sentiment. Long term (up to 3 months): Still bullish - but weakened a bit. Mid term (up to 1 month): Bearish but still in-deceive Short term (up to 1 week): bulls and bears are in a dog-fight. However, something interesting that i see a possible hidden bullish divergence in the Mid term, signaling a possible break up. Not Advice, Stay safe