SOL currently extremely overbought on higher timeframes, anticipating a correction soon. If retracement occurs, next support at $48.00 - $51.00, potential for a deeper correction to $37.00 - $39.00. Buyers ready at lower levels for a possible retracement. #Solana #CryptoMarketAnalysis 🚀✨
Approaching a critical level; potential head and shoulders pattern in play. Consider forming a long trade around the 200-day MA, looking for the right shoulder or a higher low. Place stop below, target the resistance at 4,621. Keep an eye on market movements for a strategic entry! #SP500 #StockMarket #ES1! #SP500Futures
DXY reaches 106.00 – 106.50 resistance area and approaches previous daily support line from August, now acting as resistance. Potential rejection in this area could signal a bullish market as cash flows from the US Dollar to risk-on assets. Next supports at 105.00 and 103.50 if retracement occurs. 📊💹 #USDollar #ForexMarketAnalysis 🚀✨
Anticipating consolidation between $2,030 support and $2,140 resistance. Potential breakthrough to $2,300 - $2,500 if $2,140 - $2,200 resistance conquered. Price overbought on daily timeframe but can stay so. Watch for $2,030 breach; major support at $1,950 if tested. #Ethereum
Coinbase (COIN), a crypto financial infrastructure provider, is expected to maintain stability in interest income, especially with the stability of USDC market capitalization in Q3. The anticipation of the first-ever spot Bitcoin ETF for the U.S. market and the upcoming Bitcoin halving event in April 2024 are considered bullish factors. The launch of the ETF...
#Bitcoin Reclaimed white dotted line; potential for new range: $32,400 - $42,000. Bulls need sustained hold above; if bears close below $36,187, watch for swing failure pattern, possible lower prices. Support at $32,000 even in case of downturn. Stay vigilant in the market! #BTC #CryptoMarketAnalysis 🚀✨
#ATOM: Reached $9.00 resistance, faced rejection, retraced to $8.75. Watching for potential breakthrough; $9.00 turning into support might lead to $9.50 test. Overbought on daily timeframe; possible reversal. Next support at daily 200 Moving Average ($8.60) or $8.00-$8.50 area. 📊💹 #ATOM #Trading #Bticoin 🚀✨
The daily chart reveals its bullish momentum, breaking free from the shackles of the range high at $5.50. 🚀 🎯 Price Targets: If the price holds steady above $5.50, our next destination is $7.75. Beyond that, we’re aiming for the stratosphere at $10.64.
- Rejected at $1.66 earlier this week. - Retraced to $1.36 - $1.45 support. - Potential long trade setup if support holds. - Targets: $1.65 - $1.72 resistance or $1.80 - $1.87. - Caution: If $1.37 support breaks, watch $1.25 - $1.30. 📊 NEAR has surged 65% in 3 weeks! 📉 Healthy retracement expected. 💪 #CryptoTrading #NEARProtocol
Possible lower high indicates potential inverse head and shoulders pattern. Keep an eye on the 200 MA on the daily chart for support. Once the bounce starts, establish stop loss accordingly. Stay vigilant and adapt your strategy! 📊💹 #SP500 #StockMarketAnalysis
#AVAX hits $13.00 resistance, overbought on daily timeframe; potential pullback anticipated. If rejected, next support at daily 200 Moving Average ($12.30). Previous strong performance suggests a healthy pullback for testing higher resistance levels. Stay tuned for market moves! 📊💹 #Avalanche #CryptoTrading 🚀✨
GRT broke the daily resistance trendline from FEB-2023 and surpassed the $0.13 resistance today. If GRT weekly closes above the $0.13 level, potential surge towards $0.19! Keep an eye on the charts for possible bullish momentum. 📊💥 #GRT #CryptoNews #PriceSurge 🚀✨
Eldorado Gold (#EGO): Impressive Q1 2023 growth with a 21% YoY production increase, reducing costs and raising realized gold prices. Production target: 475,000 to 515,000 ounces, fueling bullish sentiment. Optimistic about EGO's prospects, especially above $9.50-$9.75. Upside target at $14.00-$15.00, reflecting positive trajectory and growth potential. ...
Fastenal (FAST) Strong Q3 sales met expectations, exceeded estimates on bottom line due to impressive profit margins. Onsites initiative progressing well, aiming for 400 additions yearly. Bullish on FAST, especially above $53.00-$54.00. Upside target set at $81.00-$82.00, driven by strategic initiatives and solid financial performance. #Fastenal #StockMarket...
#SOL Short-term peak likely as Solana Breakpoint conference concludes. Watch the white trend line; if broken, potential sell-off to $26. Holding at $38 could establish new range between $38 and $48. #CryptoTrading #Solana
Price surged to $12.29 with a significant increase in open interest on the hourly chart. Bullish momentum suggests a potential push to $14.62. 🚀💹 Stay tuned for exciting market developments! #CryptoTrading #BullishTrend #Link
#ADA hits $0.35 resistance, potential correction after recent surge. Support at $0.33; if not held, possible dip to $0.29 - $0.30. Upside breakout to $0.37 - $0.39 if $0.35 resistance is breached. #Cardano #CryptoMarket
#DXY fell from 106.00 to 105.00, losing 105.50 support. Currently supported, but expected downward trend over the next weeks, possibly with fluctuations. Potential move up to test 105.50 before further downside. If 105.00 breaks, major supports at 103.50 and 101.00 come into play. #ForexMarket #USDollar