DeGRAM | EURUSD rebound from the support levelEURUSD is in an ascending channel between the trend lines.
The price has already reached the support level and the lower boundary of the channel.
The chart has formed a harmonic pattern.
We expect a rebound when the price consolidates above the upper trend line.
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Trend Analysis
Gold will continue to fall!Timeframes Analyzed:
- 1H Chart (Left): Price is trading within a descending channel, showing a clear bearish structure. The current movement has reached the upper boundary of the channel, aligning with a significant supply zone (marked in red). Additionally, the 0.382 Fibonacci retracement level reinforces this area as a potential reversal point.
- 15m Chart (Right): A closer look at price action reveals consolidation within the highlighted supply zone, indicating indecision and potential exhaustion of bullish momentum. A breakdown below the zone could trigger a continuation to the downside.
🔑 Key Levels:
- Resistance Zone: 2,627 - 2,628
- Support Levels: 2,615 (0.618 Fibonacci) and 2,610 (0.786 Fibonacci)
📉 Outlook:
The bearish bias remains intact as long as price respects the descending channel and fails to break above the supply zone. A rejection from this area could lead to a move toward lower Fibonacci levels or even test the bottom of the channel.
💡 Note: Monitor price action closely for confirmation before entering trades. A breakout above 2,628 could invalidate the bearish scenario.
First short gold, then go long gold!Currently, gold has risen sharply and broken through the short-term high of 2638. There is no good position to continue chasing the rise of gold. The highest gold has reached near 2646. I do not intend to continue chasing the rise of gold near this position. On the contrary, I have continued to short gold near 2646. When gold falls back to the 2640-2630 area, I will consider going long on gold!
Bros, do you think gold will retrace? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
GOLD BULLUSHHello Everyone I hope you are doing well, Happy New Year 2025. Have a great year.
As you know gold has pumped 250 300 pips in startup of new year, like a crazy moment.
Gold has changed structure bearish to bullish, since it has touched the area of 2596.
Im still looking for a buy apportunity and I have found one more setup for gold buy.
Im gonna gold buy at the price of 2636, because there is a breakout and BOS. So that i will put buy orders.
ENTRY POINT : 2636 at the area of BOS
STOPLOSS AND TARGET : SL 2629 nd TP will be 2653
GOOD LUCK EVERY
PLEASE SHARE YOUR IDEAS ON THIS POST AND USE SL ON EVERY TRADE.
STAY TUNE FOR EVERY UPDATE.
XRP/USDT - Bearish Divergence on 15m ChartA bearish divergence is visible on the 15-minute chart for XRP/USDT. While the price is forming higher highs, the RSI indicator is showing lower highs, indicating waning bullish momentum.
Key Observations:
Resistance Zone: $2.33–$2.35 (current local high).
Support Levels:
First: $2.28 (recent consolidation area).
Second: $2.07 (previous key level).
RSI Trend = Divergence shows the possibility of a short-term reversal.
Potential Scenarios:
1) Rejection at Resistance: If the price fails to break above $2.33, I expect pullback until next support $2.18 and $2.07
2) Breakout Confirmation: A move above $2.37 could invalidate the divergence and lead to further bullish continuation.
Stock Analysis: MOSCHIP📊 Stock Analysis: MOSCHIP
The stock has been consolidating within a wedge pattern and is nearing a critical Buy Above level at ₹240.75, signaling a potential breakout. The target is set at ₹344.50, offering a potential gain of 42.77%. Key insights:
Trend: A breakout above the wedge could indicate renewed bullish momentum.
Support Levels: Strong support around ₹205-219, making this a low-risk entry point.
Volume Buzz: The recent increase in volume shows rising investor interest.
🔔 Keep an eye on this setup! Always analyze your risk tolerance before making any decisions.
📢 Disclaimer: This post is for educational purposes and not financial advice. Conduct your research or consult a financial advisor before investing.
What are your thoughts? Share them below! 📝
#StockTrading #TechnicalAnalysis #BreakoutTrading #MOSCHIP
Daily Market Review and Analysis for BTC: January 2, 2025#BTC (1h)
The cryptocurrency market capitalization rose by 2.74% over the last 24 hours, BTC dominance fell by 0.6%.
#Bitcoin continues its local uptrend, which is especially clearly visible on lower timeframes (up to 15 minutes). In particular, the price of the first cryptocurrency continues to periodically rebound from trend liquidity, which indicates that the liquidity pool will soon reach the level of $97,544 and then roll back to the area of $96,200.
This scenario will be relevant if the price consolidates with the body of the hourly candle below $95,924. But as mentioned above, now the most realistic scenario is to take the liquidity price at $97,544.
As for the global scenario, BTC is in a bullish cycle and the primary target in the medium term is the buyers' liquidity level (BSL) at $99,963, where the price is likely to fall for the sellers' liquidity (SSL) withdrawals at $90,500 and $88,722.
GBP/JPY H4 | Approaching pullback supportGBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 195.49 which is a pullback support.
Stop loss is at 194.06 which is a level that sits under an overlap support and the 38.2% Fibonacci retracement.
Take profit is at 198.81 which is a multi-swing-high-resistance.
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Dogecoin (DOGE): Critical Levels Await Breakout🔥 FinCaesar’s Commands:
🩸 Resistance: 0.3443
Breaking above this level signals strong bullish momentum, targeting 0.3945 and potentially extending beyond to 0.4500.
🩸 Support: 0.3106
Failure to hold this level indicates weakness, with downside targets at 0.2887 and further to 0.2287.
🔥 FinCaesar’s Strategy:
🩸 Buy: Above 0.3443, aiming for 0.3945, and extending the rally to 0.4500 or higher.
🩸 Sell: Below 0.3106, targeting 0.2887 initially, with potential drops toward 0.2287 as the next key level.
👑 "Greatness belongs to those who act decisively and seize opportunities." — FinCaesar
$DOGE pre parabolic bull run?I wouldn't be surprised if we get an ATH with CRYPTOCAP:DOGE first.
In repeating previous charts, we looked back at January 2017 and January 2021 and we could now easily get an ATH before starting the real parabolic bull run.
In this case, we may just hit 90 cents first, although I even see signs that we can go a lot higher and perhaps double this amount.
The more I look into it, the less surprised I would be if DOGE were to reach $4 or $5, certainly with the expectation that Musk would set up D.O.G.E. and that could be interesting.
For now, I'll focus on 70 and 90 cents before looking further into my expectations for $DOGE.
But I have high expectations for this fantastic MEME dog
If you find my charts interesting, I have recently also been active on X where I share more information and you can also follow me.
x.com/MvdN88
I would love to see you there and hopefully create more interactions.
For now I want to thank you for 2024 and we are entering a beautiful 2025.
Be kind to the world and each other!
Bullish bounce? EUR/CHF has reacted off the resistance which is a pullback resistance and could drop from this level to our take profit.
Entry: 0.93535
Why we like it:
There is a pullback resistance level.
Stop loss: 0.93205
Why we like it:
There is a pullback support level that is slightly below the 127.2% Fibonacci retracement.
Take profit: 0.94113
Why we like it:
There is a pullback resistance level.
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BTCUSD ANALYSIS ( MUST READ CAPTION )Hello Trader's
Here's my BTCUSD analysis, share your opinion on this analysis in comment section, what do you think about BTCUSD today?
Key Points
Current price 93300
Resistance zone 1 97500
Resistance zone 2 99850
Target area 97500
Support zone 92400
My analysis believes that the price of ( BTCUSD ) will increase as soon as possible,
Follow me for more updates on BTCUSD and don't forget to share my idea with your friends and family
Happy new year to all in advance
XRP 1 Hour Chart
📍 Crypto SIGNAL #📍
COIN: $XRP/USDT (3-5x)
Direction: LONG 📈
➖➖➖➖➖➖➖
➡️ Entry : 2 - 1.75
🔰 Targets
🎯 Short Term :
🎯 Target 1 - 2.15
🎯 Target 2 - 2.25
🎯 Target 3 - 2.40
🎯 Mid-Term :
🎯 Target 4 - 2.70
🎯 Target 5 - 3.00
🎯 Target 6 - 3.20
🎯 Long Term :
🎯 Target 7 - 3.70
🎯 Target 8 - 4.50
🎯 Target 9 - 4.75
❌ Invalid Level : 1.48
➖➖➖➖➖➖➖
#SRFXTEAM💻
Bitcoin DominanceMaximum suffering is nearing completion for #alts
While the major correction that occurred in #Bitcoin recently will cause a major upward phase for CRYPTOCAP:BTC.D , it will also be left behind as a healthy RETEST for the supply zone lost on a monthly basis and the rising wedge.
CRYPTOCAP:BTC dominance confirms retest for retracement on monthly basis heikin ashi candles!
GOLD Sell NOW Gold price (XAU/USD) rises for the third consecutive session on Thursday, following a more than 27% increase in 2024, marking its best performance since 2010. This upward momentum has been driven by US monetary easing, persistent geopolitical tensions, and record central bank purchasesHowever, the non-interest-bearing Gold may encounter some headwinds as the Federal Reserve (Fed) is expected to take a more cautious approach toward further rate cuts in 2025, signaling a hawkish shift in its monetary policy stance. This change is influenced by uncertainties surrounding potential policy shifts under the incoming Trump administration’s economic plansGeopolitical tensions in the Middle East and the ongoing Russia-Ukraine conflict are expected to continue supporting Gold, a traditional safe-haven asset, in the near term. Additionally, a World Gold Council survey suggests that major central banks are likely to increase Gold purchases in 2025, further boosting demand for the precious metalGold price trades near $2,630.00 per troy ounce on Thursday, with the daily chart indicating a consolidation phase as the metal moves sideways. However, the price of the yellow metal moves above the nine- and 14-day Exponential Moving Averages (EMAs), suggesting a bullish shift in the short-term momentum. Additionally, the 14-day Relative Strength Index (RSI) hovers around the 50 mark, reflecting a neutral sentiment
MUGHAL - PSX - Technical Analysis - Cup & Handle PatternOn daily TF, after making the cup and handle pattern, now the price is moving in upward direction.
Buying at CMP (to gain more profit) and after breaking of neck line (technically better entry) is recommended.
Trade Values
Buy-1: 87.39 (CMP)
Buy-2: 100.42 (On breaking of neck line)
TP-1: 160.86
TP-2: 222.65
SL: 75.23
Support zone: 0.4024
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
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(XLMUSDT 1D chart)
As it rose this time, the candle's body color changed to green (#42bda8, #00332a).
In order to continue the short-term uptrend, the price must be maintained around 0.4024 or higher.
If it fails to do so and falls below 0.3747, it may fall to around 0.3070.
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Since the high point boundary zone is formed in the 0.4931-0.5362 zone, the point of observation is whether it can break through this zone upward.
Therefore, when the support is confirmed around 0.4024, it is the time to buy.
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Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, it is expected that prices below 44K-48K will not be seen in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to this.
If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance.
The reason is that the user must directly select the important selection points required to generate Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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