Thanks to the US open I now have a higher entry the dollar is too strong
The continued downward movement of dominance along with the rise of #Bitcoin will trigger the #Altseason process. CRYPTOCAP:BTC.D for major down, Retest confirmation is being received on a monthly basis for the #Altcoins index TOTAL2 TOTAL3 and OTHERS major rise
? SANTA GIFT FOR EVERYONE! ? NASDAQ:BAOS doubled in 10 minutes after buy alert and it's up +700% total on the day Another stock in vertical halt is NASDAQ:HOUR
Turning around right off the last line of resort at 0.3165 indicates that price action found a solid support to bottom out on. An upside reversal seems to be underway. We're pulling the trigger on a new bullish campaign targeting the upper section of our trading range, starting with the key-level resistance of $0.4155, our official profit target. Stay tuned...
The decline of the Australian dollar against the U.S. dollar was addressed in the previous analysis. However, the situation for this pair remains critical, and further declines are not unexpected. As shown on the chart, the next key support is at 0.6169. Yet, it seems likely that the pair may fall further, potentially rebounding from around 0.6, a historical demand zone. If the 0.6169 support is broken, a deeper drop can be anticipated. But when can we be confident that the decline has ended? A positive reaction to the 0.6169 support, combined with a break of the downward trendline, could encourage buying this pair.
▶️Price action for this coin is very choppy, but it seems that it is forming an ending diagonal. ▶️In this scenario, blue C / black 5 would target a new low under 0,0424. ▶️This view is supported by the lack of RSI divergence on black 3 low.
in this view wave x has already ended and now we r in wave 2 of Y downward...it may continue to break the last low which has been made by wave W...but there is another completely opposite view on gold that i declared in next post...
As illustrated, we see price looking to dance with the 100SMA line in the 4H timeframe. Should price close above it, it would have to hold as support in order to maintain the uptrend and make this a potential continuation impulse to break ATH. It is key to see price hold at or above the 100SMA in order for this idea to be valid, and if it retraces back down again, it's important that the $92,000 - $91,000 price range holds as major support. Should price continue to rise above and beyond the 100SMA, you should see bullish structures forming right on the SMA, such as: rising triangle, bullish flag, rising wedge, ascending triangle, or an inverted head and shoulders (more effectively in the 1H timeframe). -- GOOD LUCK!
#spx SP:SPX index is now testing the trendline resistance zone, if this bearish retest succeeds there' ll likely be more dumps in market in LTF. Not financial advice.
Trendline Break: A break above a significant downtrend line signals a shift in market sentiment from bearish to bullish. This is a key technical signal that buyers are starting to gain control.