Current Situation: IMX has experienced a sell-off this week but might be poised for a reversal. The current ENTRY box offers a favorable setup, incorporating multiple levels of confluence such as trend, 0.786 Fib, horizontal supports, and a reset Stochastic RSI on 12-hour and daily timeframes. Trade Strategy: Entry Point: Enter a long position within the $2.15 to...
Price of NDQ is nearing a trendline formed by the dotcom bubble and November 2021 high. This zone could repel price, big drops can be expected if we breach the price of 16249.19 on pullback. For now bystanders are needed to enter, unless a clear cycle failure best not to stand in the way of exuberant bulls.
In this one I use my preferred charting tool that uses data points from the past: Curved Trendlines. While there are other variations of such lines that I might use depending on the context, in this case the pattern low-high-high or high-low-low is widely detected as relevant and used as such for mapping out potential forces and support/resistance zones. As you...
Simple setup with some projected data points as price targets in time. If and only if at least 3 of them are hit, and maybe a wild card pivot point at any of the elements, preferably the pink rectangle, I would strongly suggest analyzing the potential for a bounce from the green rectangle zone in case another power wave forms that pushes the price higher. The idea...
Oil prices increased early as we mentioned, recovering from a six-week low after a significant 4.3% fall the previous day, which was the lowest point since mid-March. This drop was attributed to an unexpected surge in U.S. stockpiles, indicating softer demand than anticipated. At the same time, market observers have pointed out that the Federal Reserve has kept...
Pepe currency is returning to the new record in 4 hours time thank you
we are in the last hour of the btc triangle life, if we break above and close our 4H body candle, we will see a good bounce from here. for certain and better long we can Waite for grey line which price is 69375 to break and candle body close above. don't panic and stay calm till good break candle, then catch it up. good luck wolfies. #btc #bitcoin #pump...
the TOTAL crypto marketcap continue the upward movement after the breakout, we may see a move towards the all-time high resistance area soon,the overall market is bullish thank you
Price hit my protective stop on Monday but respected structure, waited for proper pullback and a clear break of my AOi, now looking to take advantage of the move further Market Structure Bullish on HTF Weekly and Daily at the same AOi Weekly Rejection at AOi Daily Rejection at AOi Around Psychological Level 1.63500 H4 EMA Retest H4 Previous Structure Point H4...
Technical Analysis The price dropped by approximately 1.30%, as mentioned in the previous analysis. Currently, the price will trade between 18,435 and 18,550 until a breakout occurs. Bearish Scenario: Stability below 18,435 will likely lead to a drop towards 18,250. Bullish Scenario: The price must break above 18,550 and stabilize to reach 18,650 and...
Hi friend. JPY continue bears accumulation proces so price will turn upper to 157.14 - 157.34. I mark all interesting market prices for you. Follow me;)
As an indispensable leading protocol in DeFI, Uniswap received the Wells Notice a month ago. In the past, the SEC paid more attention to the compliance of chains, stablecoins and CEX, and rarely sent Wells notices to DeFi protocols. This also illustrates the SEC’s opposition to the distribution of protocol income to holders. This is similar to stock...
Poor High has been swept at 71k level If we can't get above 68.5k, revisiting Poor Low is plausible around 66.2k to 66k area Revisiting Poor High/Low: Poor High: When a poor high is revisited, it usually indicates a potential for the price to break through that level and move higher, as the previous resistance was weak. Poor Low: Similarly, revisiting...
After a rather bearish week, BTC seems to be rising again, creating a CHoCH on the MTFs. So I'm buying Bitcoin. Especially as the setup is interesting. We're back to within a pips of the 0.62 Fibonacci and we've gone for an order block. The price seems to be reacting upwards. I think we'll recover the $70,600 zone by the middle of next week. Feel free to...
So I'm short the XAUUSD. We are currently in an interesting setup. Let's see how the price reacts. Gold is pretty hard to trade at the moment. The setup in question: Back in OTE zone Order Block in M30 BOS target There's a lot of liquidity below $2303, and I think we could go looking for it in June. Feel free to subscribe and put a boost on this post if you...
Mantra is an L1 blockchain network that produces a bridge between TradFi and DeFi by providing the necessary infrastructure for tokenizing RWA. 💎 In the 1D time frame, it has encountered an increasing trend after exiting the descending channel. 💎 Currently, after reaching its previous major ceiling, it has faced increased selling pressure. Considering that the...
USDJPY appears to be in a rather large triangle. I’m of the opinion and believe that it will break higher and break 160. THIS IS NOT FINANCIAL ADVICE
AMEX:SPY May 31, 2024 60 Minutes. As expected, 522 was achieved. 21 ema of daily done. In Both daily and 60 minutes the bar making ATH is the issue. It had close near low of bar. Hence long for higher target is only above 533.5 levels with close near top of bar. Yesterday i had shared A, B And C. And said B and C was important for the day. Today i will...