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Bitcoin Bullish Bias Confirmed (Altcoins Market Update)Bitcoin is now trading at a new All-Time High and above all resistance. All resistance levels in the past will are now support. With the weekly close tomorrow above 75,000$, the bullish bias is fully confirmed. We are in the bullish zone. With Bitcoin ultra-bullish, the Altcoins can also grow! We have two main levels to look for to sustain and maintain a bullish bias: 1) $69,000. The November 2021 All-Time High. 2) ~$65,000. April's 2021 peak price. 👉 As long as Bitcoin trades/moves above these levels, we are bullish and expect sustained, long-term growth. With a bullish Bitcoin, the Altcoins will also grow. 👉 We are no longer bearish on Bitcoin and the bearish bias and potential has been fully canceled; invalidated. Confirmation is needed on the weekly session close (tomorrow), but with billions and billions of USDT and USDC being minted in the past few days, we know the whales are buying; up we go next. 👉 We are now bullish on Bitcoin and the rest of the Cryptocurrency market. We will focus on 2025 and new All-Time Highs. Thanks a lot for your continued support. You are appreciated. Namaste.
Long
by AlanSantana
48
Bitcoin - You will mine Bitcoin with your body! (Terrifying)Microsoft has patented a "cryptocurrency system using body activity data," meaning that people will generate cryptocurrency from their body energy. Coupled with the nanotechnology inside the next generation of vaccines (not COVID-19 vaccines), each vaccinated person could in addition act as an antenna or transmitter. Patent Number: WO2020060606 ( patents.google.com ) Neurolink and microchip in your brain from Elon Musk connected to Starlink to mine Bitcoin, supported by Donald Trump and Bill Gates. Pay attention to the patent number; you see 666? Everyone knows that 666 is the mark of the beast symbol (antichrist), together with symbol X. How can the future look? All this information is no secret and no conspiracy, so I only say, in short, what is in the Google link above. Mining Bitcoin with graphics cards/ASIC can no longer be needed. Why? 8 billion people can mine crypto with their body energy without even knowing it. Of course this will drain your life force energy, and you may feel extremely fatigued the whole life. And I don't want to talk about living the whole life in depression and anxiety with a microchip in your brain. So, do you still love Bitcoin? Do you like Elon Musk, Bill Gates's vaccines, or Donald Trump? If yes, then you will probably be the first on line to implement this technology in your body and the first who will need medical drugs to sustain this hardcore body pressure. Again, this is not a conspiracy; this is real, and you can read the article on the website above. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades! I expect Bitcoin to retest the previous ATH from March. First profit target: 79k, second: 76k, Third: 74k.
Short
by Xanrox
32
A Bullish Bitcoin: $155,599 Shows Up As The Next Target!Something happened recently... It was a breeze... It knocked the door open, and it felt so good... But it wasn't the breeze, it is in the air; the atmosphere, the aura; it is a feeling! Good night my fellow Cryptocurrency trader, what a wonderful day! It is my love, my pleasure and joy to write for you now, always, yesterday and forever again. It is good to be in this moment now and be healthy, breathing and living with you, here now. Notice the Fibonacci levels on the chart. Bitcoin found resistance exactly at the 1.236 Fib. extension, this is in relation to the last bull-market. This is very interesting because it reveals several things. First, should we recap? Should we go through what just happened? Ok! All resistance has been obliterated. We are now in bullish territory. We are now in the bullish zone. We are in this moment now, so let's focus on today. Present day, trading volume is finally rising, a volume breakout and several times above the weekly average. We are good on this front. With resistance now in the past, we no longer consider a potential rejection, we focus on the next target, the next resistance; how far up can it go? After the $81,500 target immediately we have $89,444 next. This is followed by the much awaited, the much expected $100,000, in this case, $102K. This is the golden ratio and a major resistance level, consider a stop at this point. If Bitcoin is going to rest at some time, anytime while rising, this one should be considered by all the bulls involved. Now, the main target for the current wave is the 2.618 extension and this one sits at $155,599. At the current rate, this target would be hit between now and May. May 2025. With a blow-off top, no double-top, makes for an interesting bull-market in this cycle; but the old map has been broken, so anything goes. What happened to Google, Apple, Amazing, Microsoft and the rest? Is Bitcoin entering such a phase where it grows long-term? Hard to say, but easy is to say that the current market conditions point toward maximum growth, supported by maximum interest and maximum strength. So six months for the next high. The correction that follows would be the next bear-market, and it would never go below 64 or 48K, then starts a new wave and we keep on growing. The Altcoins are going to boom 100X. Another scenario is a long stop after hitting 102K, consolidation above support leading to a major high late in 2025... Thank you for reading. Make sure to boost to show your support. We are in team bulls now. Being a bear is such a pain... But I had to do it, one day you'll understand. Namaste.
INDEX:BTCUSDLong
by AlanSantana
15
TSLA Rally: What's Next?Tesla is currently trading within an upward channel on the 1-hour chart. This channel suggests continued bullish momentum, but we should remain cautious of potential pullbacks as it approaches the upper trendline. Price Action Analysis: Channel Formation: TSLA is respecting an upward trend channel. The current price action is near the upper boundary, indicating possible overextension and potential for a pullback. Watch for a retest of the mid-channel trendline (around $318-$320) as a key support level. If it holds, it may provide a solid bounce opportunity for scalping. Support and Resistance Levels: Immediate Resistance: $328.71 (upper channel line). Breaking above this level with volume could push the price toward $335-$340. Immediate Support: $322-$320 (mid-channel line and EMA support). If it breaks below this, expect a test of the $310-$312 area. Key Levels Below: $294.07 is a strong support zone, aligning with previous consolidation and a psychological level. Volume Profile: Increasing volume with each leg up indicates strong buyer interest. However, be cautious of a volume divergence if we see decreasing volume on higher prices, suggesting weakening momentum. MACD and Momentum Indicators: The MACD on the 1-hour chart is extended but shows no signs of bearish crossover yet. Keep an eye on a potential bearish crossover, which could signal a short-term pullback. RSI (not shown but inferred) is likely nearing overbought territory. Consider this when planning for scalp entries and exits. Scalping Opportunities: Look for quick scalps at the key intraday levels: Long Entry: Around $320-$322 with a tight stop below $318, targeting a quick move back to $328. Short Entry: If it rejects off $328-$330, consider a short scalp targeting the $320 support. Swing Trade Ideas: A strong daily close above $330 could set up a swing trade toward the $340 level, given the recent bullish momentum. Conversely, a break below $320 could lead to a deeper pullback, targeting $310-$312 for a swing entry. Disclaimer: This is for educational purposes only and not financial advice. Please perform your own research before making any trading decisions.
Editors' picks
NASDAQ:TSLA
by BullBear-Insights
16
Bullish Bitcoin: People Liked Me Better When I Was BearishPeople are having a hard time adapting... Yes it looks strange. Yes some Altcoins are lagging behind and yes, Bitcoin is not dropping, is rising. Remember the map changed completely with the behavior that we saw after the halving and the map will continue to change because institutions and nations are now also buying/playing Bitcoin. Yes, we were bearish (the chart had bearish potential below ATH resistance), but the numbers don't lie. Once the All-Time High was broken and Bitcoin stays above this price (it is actually growing above it), all bearish potential has been removed. It doesn't matter what we think, feel, hear, do or say, Bitcoin is rising and is moving toward the next target non-stop. It is rising and the next target can be seen on the chart. There is no reason to look back, only if you are looking for support. With resistance gone, we can continue to aim higher; look up. The Altcoins will follow. I can see already that some are taking some time to adapt because this is definitely whale money entering the market, I think the CEO of TSLA might be buying strong. Regardless, the more that Bitcoin grows, the stronger Cryptocurrency becomes as a whole. Think long-term. The Altcoins will grow because Bitcoin is growing. The bulls win; the bears lost. We adapt to market conditions. We follow the chart. We've been sharing bullish Altcoins since early August, hundreds of those. Some pairs are bearish, some will go down while others go up. Our strategy doesn't change. Sell those trading high, buy those trading low. Bitcoin has less than 90% to grow from 82K to 155K. In this same amount of time, an Altcoins can grow 1,000%. Choose wisely. Thank you for reading. Namaste.
Long
by AlanSantana
13
Bitcoin will hit 100 000 usd in 30 days with or without you🔸So I'm tired of all the bearish BTC charts popping up on page one and getting 500+ likes doesn't make any sense to me. My target is 100 000 USD in 30 days or less, so in December we will hit it. 🔸Previously recommended buying low at/near 60 000 usd. trade made money. 🔸We just broke out of major trading range established since March. This is SUPER bullish. Make no mistake about it. Also DJT won the Elections this is another massive bullish catalyst. What else do you need? 🔸If you can't make money trading crypto next 30 days probably means that trading is not for you, look for other opportunities. Harsh reality and wake up call. If in 30 days or less you can't make 30% unleveraged gain, it's time to look for other options somewhere else. 🔸Recommended strategy bulls: there will be a pullback. you got two options. either market buy now and hold for 100 000 USD. or option2 is wait for a shallow pullback and BUY/HOLD from the BUY ZONE on my price chart. so near 74/75K is the best reload for the BULLS. good luck, traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
BINANCE:BTCUSDLong
by ProjectSyndicate
17
GOLD ROUTE MAP UPDATEHey Everyone, What a day in the markets today with another big drop following on from last weeks election move. We observed today and watched our bearish side of the setups play out with 2682 being hit on market open followed with ema5 cross and lock opening 2657,which was also hit and then continued into 2638 and now the swing range. Both of these two levels were confirmed with candle body close confirmation, as ema5 was lagging due to momentum. We are now seeing price in the swing range and looking for a reaction here. Failure to hold support here and we will switch to our 4h chart to track the extended range. We will now patiently wait for the momentum to exhaust, so we can continue to stick with our long term trend and buy dips. We were looking forward to this correction for a while now, to enable us to get back in the wave. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2704 EMA5 CROSS AND LOCK ABOVE 2704 WILL OPEN THE FOLLOWING BULLISH TARGET 2725 EMA5 CROSS AND LOCK ABOVE 2725 WILL OPEN THE FOLLOWING BULLISH TARGET 2753 BEARISH TARGETS 2682 - DONE EMA5 CROSS AND LOCK BELOW 2682 WILL OPEN THE FOLLOWING BEARISH TARGET 2657 - DONE EMA5 CROSS AND LOCK BELOW 2657 WILL OPEN THE FOLLOWING BEARISH TARGET 2638 - DONE EMA5 CROSS AND LOCK BELOW 2638 WILL OPEN THE SWING RANGE RANGE SWING RANGE 2621 (DONE) - 2608 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
5
EURO - Price can bounce down from triangle to $1.0640 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where some time grew near resistance line and then fell below. After this, price in a short time rose to $1.0830 level, made correction, and then bounced up, breaking this level. Next, price continued to grow in channel, and even made a gap, after which rose to $1.0935 points and turned around. Price made downward impulse, breaking $1.0830 level and exiting from rising channel too, and started to trades in triangle. In triangle, price fell to support area, after which bounced up to resistance line, but soon fell back. Now, I expect that price can reach resistance line of triangle and then bounce down to $1.0640, breaking support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
7
HelenP. I Gold will reach trend line and then start to declineHi folks today I'm prepared for you Gold analytics. Some time ago price declined below a support level, thereby breaking it, and started to trades inside the support zone. Later prices declined from this area lower, but soon turned around and backed up to the 2650 level, making a gap and breaking this level. Next, the price made a retest and continued to move up to the resistance level, which coincided with the resistance zone. After Gold reached this level, the price some time traded between this level, and last time it broke the 2735 resistance level, made a second gap, and continued to move up. Some time later price reached the trend line and then started to decline inside the pennant. In this pattern, the price first fell to the 2735 level, and then broke it, after which made impulse down to the support level. A not long time ago price rebounded from this level and now the XAU rise. So, I think that XAUUSD will reach the trend line and then start to decline to the support level, thereby exiting from the pennant. For this case, I set my goal at 2650 level. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
8
USDCHF → Realization and distribution phase. Target 0.900FX:USDCHF comes out of accumulation and changes the market phase to realization phase. On the background of the dollar growth, the reason for which is mainly the excitement about the presidential election in the U.S., the currency pair also has a potential for growth On D1, buyers are forming a bottom and a strong reversal base, indicating the potential and further interests. The zones of interest, in our case, can serve as areas of local highs, behind which there is a liquidity zone and money, to which the MM is directed.... Technically, in the European session the price is breaking the resistance of local accumulation. The emphasis is on 0.8774. If the bulls hold the defense above this zone, we should expect a continuation of growth in the short to medium term. Resistance levels: 0.887, 0.892 Support levels: 0.8774, 0.8748, 0.871 Accordingly, the key support at the moment is 0.8774 and it is from it we expect the continuation of growth. Formation of a false breakout is not excluded. In this case, after correction to the local 0.8748, the growth may continue Rate, share your opinion and questions, let's discuss what's going on with ★ FX:USDCHF ;) Regards R. Linda!
Long
by RLinda
11
BITCOIN → Is the $100K target becoming more and more realistic? BINANCE:BTCUSD is in the bull run phase and updating highs due to the excitement of the US presidential election. After 8 months, there are finally reasons for the price to come out of the prolonged accumulation. Now the distribution. BTC has one bullish driver after another as it approaches ATH: Trump's victory in the US presidential election. Then the second 0.25% Fed rate cut in this cycle Discussions about BTC as a strategic reserve. Next is the SEC. Trump promised to get rid of the head of the SEC, so the choice will be made in favor of a more loyal to cryptocurrencies person. In general, the fundamental background for cryptocurrencies is very bullish, altcoins may finally go straight to the moon. Technically, bitcoin has a key resistance of 76900 at the moment, as well as key support zones, which is worth paying attention to as the price has been forming a local accumulation for two days. Accordingly, the move may continue in the near term. Resistance levels: 76900 Support levels: 75650, 74560, 73550 The price is squeezing in front of the resistance, which may lead to a breakout. But, the liquidity is decreasing on the weekend, which may lead to a small correction, for example, to 75650 or other areas lower on the chart. We can't talk about any selling now, the reason is obvious, so we are looking for strong resistance levels (to continue the movement), or strong support levels (to bounce with the purpose of buying). The target of 100K is becoming more and more real ;) Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;) Regards R. Linda!
Long
by RLinda
43
Lingrid | GOLD Weekly Technical AnalysisOANDA:XAUUSD market made a bearish move earlier in the week but rebounded on Thursday and Friday. Despite the current volatility, a sideways movement appears likely following these recent fluctuations. The price bounced off a support level after the FEDs decision to cut rates, but we also saw some bearish movement, closing Friday's session in the red. It closed below the psychological level of 2700, indicating a potential consolidation between the 2600 and 2700 levels after facing strong resistance. On the daily timeframe, the market may be forming an ABC pullback toward the 2600 support level, as it has not tested this level since breaking and closing above it in September and October. Looking at the 4H timeframe, we can clearly see a shift in market structure, by prices making lower lows and lower closes, along with a breakout from the upward channel. The market had been contained within this channel for the past three months, but it has now broken out, retested the channel, and is currently showing signs of a rebound. Given that the gold market often creates triangular patterns, we may see this formation develop in the first half of next week. I anticipate continued consolidation, as prices typically tend to move sideways or form a two-legged pullback following significant movements, much like we observed last month. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
15
"Bitcoin Bullish Forecast: Fibonacci and ATR Calculations" $85KI used Fibonacci calculations with ATR guidance and the E.R. Index to arrive at a precise target of $85.803, aligning closely with my ATR-based projection of $85K. This concept, titled **"9740.1 Percentage in Pips = $85K,"** applies a Fibonacci pullback, and as we can see, Bitcoin has not yet signaled a sell. I rounded up certain figures so none of you miss out on this exceptional Bitcoin bull market. It's crucial to understand—I have been anticipating a minor correction, yet the bulls have held strong. As I’ve mentioned before, this is undeniably a bull market. My goal in creating this idea is to keep you one step ahead. However, please take note: if you enter now, there may be a pullback—a baited dip—but at least you’ll be positioned to ride the wave instead of missing out entirely. I know many of you sold too early, before the price surge, and missed out on extra revenue. This idea has been carefully scanned and validated for accuracy. Use it with confidence as you navigate the market. _______________________________________________________________________________ The ForexX_E-R-Index indicator visually represents the strength of bullish and bearish forces in the market. By calculating values above or below a central reference, it highlights shifts in buying or selling pressure. The indicator’s two main lines reveal whether bulls or bears dominate, while the shaded area between them shows the gap between their strengths, giving insight into market momentum and potential reversals. ________________________________________________________________________________ The ForexX_Rocket_Blast indicator combines Bollinger Bands and RSI to identify potential reversal points in the market, giving signals for buy or sell opportunities. When the price moves below the lower Bollinger Band and the RSI indicates an oversold condition, a buy signal appears, suggesting a potential upward reversal. Conversely, if the price goes above the upper Bollinger Band with the RSI showing overbought conditions, a sell signal is triggered, indicating a possible downward reversal. The indicator adds visual cues for these signals on the chart, helping traders spot entries and exits with minimal interference from other indicators. ________________________________________________________________________________ The ForexX_Enhanced-ATR-Trailing-Stops-Strategy** indicator combines ATR-based trailing stops with trend filtering and dynamic volatility adjustment to optimize trade entries and exits. It uses ATR values to calculate a trailing stop that follows price movements, adjusting sensitivity based on volatility levels. A trend filter (SMA) helps refine signals by aligning entries with the broader market trend. When price crosses above the trailing stop in an uptrend, a buy signal is generated, while a downward cross in a downtrend triggers a sell. Additionally, risk management adjusts position size based on the user's account size and chosen risk percentage, making the strategy adaptable and robust for various market conditions. ________________________________________________________________________________ The **ForexX_ATR-Bollinger-Shark-Finning** indicator uses both ATR and Bollinger Bands to identify potential price breakout or reversal zones. It creates ATR bands around the price based on a customizable moving average, with a multiplier that adjusts the band distance, indicating volatility zones. The indicator also adds optional Bollinger Bands, which serve as additional volatility boundaries. These two sets of bands create a visual "fin" effect, highlighting areas where price might experience sharp moves. Alerts are set to notify the user when price crosses above or below these bands, signaling potential entry or exit points. The transparency and colors are customizable, making it flexible to combine with other indicators.
COINBASE:BTCUSDLong
by The_ForexX_Mindset
40
Bitcoin Roadmap==>>Correction SignsBitcoin ( BINANCE:BTCUSDT )is moving near the Upper line of the Ascending Channel and Potential Reversal Zone(PRZ) , which acts as a Resistance line . According to the Elliott wave theory , Bitcoin has completed main wave 5 with the help of Ending Diagonal , and we should wait for Corrective Waves . Note ( Education ): The Ending Diagonal is the Rising Wedge Pattern in terms of Classic Technical Analysis . Also, Regular Divergence(RD-) between Consecutive Peaks in MACD and RSI and Volume Indicators . Note : Since trading volume is usually low on Saturdays and Sundays , we can expect the main corrective movement to happen at the beginning of the next week . I expect Bitcoin to have a corrective trend in the coming week , considering that there are attractive volumes for liquidating long positions at lower prices , as well as the technical analysis that I talked about above. Of course, from November 13 to November 15, important indexes will be released from the USA(Core CPI m/m, CPI m/m, CPI y/y, Core PPI m/m, PPI m/m, Unemployment Claims, Core Retail Sales m/m, Retail Sales m/m) , which can impact Bitcoin's main trend . ⚠️Note: We can expect more pumps if Bitcoin breaks the Potential Reversal Zone(PRZ) ⚠️ Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
50
Is the Kiwi Ready to Bounce? Approaching Key Support!The Kiwi took a major hit in October, dropping sharply from the 0.638 resistance level, which has held strong for over two years. Looking at the weekly chart, we can see that the market has formed a clear range between 0.638 and 0.588—the lower level we’re now approaching. On the daily chart, the initial drop was intense, with strong selling momentum evident in large red candles. However, as the price dropped past the halfway point of the range, momentum began to ease. This slowdown is visible in the smaller, mixed red and green candles. This price action indicates that selling momentum is slowing as we approach the 0.588 level. In fact, the market has now started moving sideways, signaling that buyers may be accumulating at the bottom of the range. Given these signals, I’ll be looking for buy setups using my TRFX Indicator, focusing on the 4-hour to 8-hour timeframes. Ideally, I’d like to see another dip toward or even slightly below 0.59 before entering. The target for this setup is the top of the range, with the setup invalidated by a clear weekly break below the 0.588 support. Let me know what you think below! :)
Long
by TheFxAce
5
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two weighted levels with a gap above at 2704 and a gap below at 2682. We will need to see ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2704 EMA5 CROSS AND LOCK ABOVE 2704 WILL OPEN THE FOLLOWING BULLISH TARGET 2725 EMA5 CROSS AND LOCK ABOVE 2725 WILL OPEN THE FOLLOWING BULLISH TARGET 2753 BEARISH TARGETS 2682 EMA5 CROSS AND LOCK BELOW 2682 WILL OPEN THE FOLLOWING BEARISH TARGET 2657 EMA5 CROSS AND LOCK BELOW 2657 WILL OPEN THE FOLLOWING BEARISH TARGET 2638 EMA5 CROSS AND LOCK BELOW 2638 WILL OPEN THE SWING RANGE RANGE SWING RANGE 2621 - 2608 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
20
GOLD → Buyers stop believing in gold ... Are the bears coming? FX:XAUUSD after Powell's support reaches a local high of 2710, but buyers do not let the price near the risk zone. The price is returning to the correction phase and preparing to update the local lows The correction started after the strengthening of interest in the dollar, which is growing at the expense of gold because of Trump's victory. The excitement has not subsided yet, it may continue for a few weeks. The 0.25% cut in interest rates was slightly taken into account by the market, but still supported the metal, but short-term. The market is also disappointed with China, especially with the actions of the authorities towards the country's economy. In general, the fundamental background is negative and it is worth considering this information in your trading. Ahead of the US CPI, which will be published on Wednesday. Technically, the price is turning around and intends to test the liquidity zones located at the bottom... Resistance levels: 2680, 2685, 2700 Support levels: 2665, 2652, 2637 Emphasis on 2665. A pre-breakdown consolidation is forming. If the price breaks this support, selling may intensify. I do not exclude one more attempt to retest the resistance, for example 2680-2685 before further falling. In general, both fundamentally and technically, the market feels the priority towards the bears... Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
10
TESLA Update - Above 180 we look for bullish variables Tesla gave us some insane profits from our last set up below, now it has turned however. Earnings has resulted in a single day 12% loss and probable continuation after. So what should we do now? Our theory is that Tesla is in it's third major wave and therefore can't take out is low for this to remain valid. We expect Tesla to make a higher low, probably above 180, pivot and run to 300 as a first target. This gives us an accumulation idea for now that can turn into a trade set up like our last if more variables develop. We are buying some stock today and will accumulate above 180. If futher edges develop we will update. A second important point is we believe Tesla will outperform relative to the nasdaq in the mid to long term. It has underperformed for the past couple of years but the tide might be shifting. The chart below showcases our argument.
NASDAQ:TSLALong
by SynergyTradingSetups
8