#Bitcoin $BTCCRYPTO:BTCUSD Is as anticipated seeking demand nearest the biggest and closest demand around 85k : 75k where it is anticipated to surge to 150k.
Key zone: 85k : 75k
#Bitcoin #BTC #Crypto #ahmedmesbah
Ahmedmesbah
#Bitcoin Cash [Time to buy some $BCH]CRYPTOCAP:BCH This might be a golden chance to grab some BCH as the price has finnaly approached a key level meeting a major wedge extended since August 2023.
#BCH #BITCOINCASH #CRYPTO #AHMEDMESBAH
#Solana $SOLUSD Overview Solana is correcting.
If the 200 mark is broken, the next mark would be $185 where it is anticiptaed to rebound.
#SOLANA #CRYPTO #AHMEDMESBAH
$NVDA #Nvidia NASDAQ:NVDA is currently accumlating.
A close above $160 is a breakout and is unlocking an uncharted zone up to the closest psychological mark $200.
A close below $124 is a retest to the nearest demand zone at the same level.
A close below $118 is unlocking $88 mark.
#STOCKS #STOCKMARKET #NVDA #NVIDIA #SUPPLYANDDEMAND #AHMEDMESBAH
#Bitcoin $BTCUSD The Wedge dilemma.CRYPTO:BTCUSD Key Levels:
1. 109k
2. 150k
3. 85k
4. 75k
CRYPTO:BTCUSD is currently trying to break a historical, old and respectful channel's upper wedge. Technically speaking, this wedge is a very significant level where it has been tested 5 times so far "illustrated on the chart". The last 2 attempts have shown that the wedge is still valid.
Scenario A:
Euphoria and institutions buying pressure will keep the price trading close enough to the wedge until it breaks out where it unlocks a new uncharted zone extended to the next psychological mark 150k.
Scenario B:
Price falls back to the nearest visible and massive demand zone around the 75k mark.
I lean on a correction to the closest demand zone around the 75k mark.
Corrections:
It is worth noting that every time the price tests this wedge it causes a significant correction. "Check the illustrated table on the chart".
Conclusion:
Closing above 116k unlocks an uncharted zone to 150k
Trading below the historical wedge will lead eventually to a retest of the 75k price level.
#BTC #BITCOIN #CRYPTO #ANALYSIS #AHMEDMESBAH #SUPPLYANDDEMAND #BLOCKCHAIN #ETHEREUM
#Monero $XMRUSD One Year AnalysisCRYPTO:XMRUSD
Keylevels / Range
$120: Lowest trend price. If the price closes below this level, it would signal a bearish trend.
$163: Lowest range price. A close below this level would unlock a new lower zone extending down to $120.
$203: Current price.
$233: Upper limit of the current channel/wedge.
$370: Long-term target.
Analysis:
Monero has been trading within a range of $183 to $206 for the past two weeks. The price has closed above $197 for the first time since May 2022. This move potentially unlocks a new range, reaching at least $233, where the upper limit of the current channel/wedge and a monthly/weekly supply zone are located.
A weekly close above $237 would strongly indicate the unlocking of a new charted zone extending from $237 to $370.
Coin Bio:
Monero (XMR), is a privacy-focused cryptocurrency launched in April 2014. It was originally forked from the Bytecoin blockchain. Unlike many other cryptocurrencies, Monero's primary focus is on ensuring the anonymity and untraceability of transactions.
Key features include:
Ring Signatures: Obfuscate the sender's identity.
Ring Confidential Transactions (RingCT): Hide the transaction amount.
Stealth Addresses: Create unique, one-time addresses for each transaction, obscuring the receiver's identity.
These features make Monero attractive to individuals seeking financial privacy and are a core differentiator in the cryptocurrency space. It's developed by an anonymous community of developers and has gained significant traction for its commitment to private and fungible transactions. While its focus on privacy can be controversial, it remains a prominent cryptocurrency with a dedicated user base. XRMUSD specifically refers to the trading pair of Monero against the US Dollar.
#CRYPTO #MONERO #XMRUSD #XMR #CRYPTOCURRENCY #AHMEDMESBAH
#Sui $SUIUSD Short-Term AnalysisAnticipating CRYPTO:SUIUSD to seek demand where the closes major demand zone is located close to 2.40
#SUI #SUIUSD # CRYPTO #CRYPTOUSD #CRYPTOANALYSIS #AHMEDMESBAH #SUPPLYANDDEMAND
#Ethereum $ETHUSD One year analysis.CRYPTO:ETHUSD Key Levels:
1. 4500 = Nearest major supply & 12 month target.
2. 4105 = Last year's high.
3. 2700 = Closest majot demand.
Analysis:
CRYPTO:ETHUSD is currently trading slightly below the 2024 high of approximately $4105. This level has broken above March's high around $4090, therefore it is no longer valid and must be cleared for ETH to reach a new all time high above the upper channel wedge.
The current uptrend appears to be losing momentum. For a resumption of the bullish trend, a period of price consolidation near the lower wedge of the current channel, around the $2700 demand zone, may be required to gather momentum.
Conclusion, A retest of the $2700 level may provide a very favorable buying opportunity.
#AhmedMesbah #Ethereum #ETH #ETHUSD #ETHANALYSIS #CRYPTO #CRYPTOCURRENCY #ETHCOIN #SUPPLYANDDEMAND
#PEPE $PEPEUSD Is seaking demand.CRYPTO:PEPEUSD Key levels:
0.00021600 = Nearest Weekly/Daily Supply
0.000014900 = Nearest Demand / Breakout level
0.000010100 = Channel lower wedge last buying level "Below this the coin turns bearish"
CRYPTO:PEPEUSD
Is currently seeking demand after the price has tested the recent nearest supply around 0.00021600.
Price is determined to test the nearest demand around 0.00014900. A daily close below this level is unlocking a new zone that extends until the lower channel wedge around 0.000010100.
The coin is abuy as long as it is trading above 0.000010100. Any daily/monthly close below this level is bearish.
#AHMEDMESBAH #CRYPTOCOIN #PEPE #PEPEUSD #ETHEREUM #MEMECOIN #MEME #SUPPLYANDDEMAND #CRYPTOCURRENCY
#Cronos $CROUSD PlanCRYPTO:CROUSD Is currently seeking demand. The closest significant demand located around the 0.1200 : 0.1000 zone. Pay attention to this price range as it is anticipated to bounce off.
#CRYPTO #CRO #CRONOS #CROUSD #CRYPTO.COM #CRYPTOCURRENCY #CRYPTOANALYSIS #AHMEDMESBAH
#SCROLL $SCROUSD $SCRUSD PlanCRYPTO:SCROUSD is currently seeking demand. The closest visible demand is located around the current zone where it could possibly accomulate and pick up some speed. However, there's an alternative scenario where the new coin could test ATLs around 0.7000 if a daily close would occur around 0.9000.
#SCROLL #SCRO #SCR #SCROLLANALYSIS #CRYPTO #ScrollNetwork #cryptocurrencies #AHMEDMESBAH
#Bitcoin $BTCUSD [2 Marks 75-73k & 115k]CRYPTO:BTCUSD is anticipated to test the 75k : 73k zone where a huge demand is located whereoff it is anticipated to retest ATHs and probably break to 115k.
Closest demand is located at the breakout zone.
#Bitcoin #BTC #COIN #CRYPTOCURRENCY #CRYPTO #BITCOINPRICE #BTCANALYSIS #AHMEDMESBAH
#DOGE $DOGEUSDCRYPTO:DOGEUSD is anticipated to retreat back to the 0.2600 : 0.2500 zone where the initial and significant breakout occurred . A followup should be maintained when the price tests back that level.
#DOGE #DOGEUSD #CRYPTO # CRYPTOCURRENCY #COIN
$OKTA #OKTANASDAQ:OKTA #OKTA is currently testing a significant level where a couple of broken wedges are being tested.
For this one, I may reinforce the analysis later on with some more insights early next week.
#AHMEDMESBAH
$TSLA #TESLA On an important wedge.NASDAQ:TSLA #TESLA
Is currently testing a significant 4 years old wedge for the 3rd time.
The stock has lost more than 60% in the last 10 months.
Inflation and Tesla's layoffs are the obvious drivers for the recent fall.
Below current level, is a free fall to a hard to anticipate zones.
Keep it simple.
#AHMEDMESBAH
[Weekly] $AMBA #Ambarella is attractive.NASDAQ:AMBA #Ambarella
is currently testing a significant level. The lower wedge of a 10 years old extended channel . This is the 6th time the band is being tested. Even though testing a wedge several times weakens it. However, below it is almost a technical free fall zone to the 11: 12$ mark.
Keep it simple.
#AHMEDMESBAH
$AAPL Breakout on [W1]NASDAQ:AAPL Has just broke out of a consistent channel that was formed in September 22. Anticipating a target of +168 next few weeks
#AHMEDMESBAH
$BTCUSD #Bitcoin Pay attention to the 7k mark!Anticipating BITFINEX:BTCUSD to dive deeper back to the 7k mark. Based on the significant wedge that been respected every time it consolidates around it. On 2k, 3k, 4k and the next is timed around 7k.
#AHMEDMESBAH
Has US #Inflation Peaked in May 2022?ECONOMICS:USIRYY A 107 year old interesting US Inflation rate chart from 1914. Technically speaking, inflation has come to an interesting range.
#USINFLATION
#INFLATION
#STOCKS
#AHMEDMESBAH
$FB 2 Possible Scenarios.296 is the last chance for bulls to keep the uptrend for NASDAQ:FB and is the distal line for the recent demand responsible for the last uptrend.
However, 299.50 could be an early sign, if breached then there is a chance to break lower than 296.
Follow, like and share for more updates...
#AHMEDMESBAH
$ADAUSD #Cardano Fans need to see this.A trader job is to react, not to predict. BINANCE:ADAUSD is meeting a hidden channel upper wedge where it has reacted several times for over a year. Its a big probability that price to react off it to the downside. If that's the case, it will either form a right shoulder and then rally again to try out breaking the same wedge or keep reacting off it to the downside till there is a strong catalyst to unfold.
Follow for more updates..
#AHMEDMESBAH
#Cardano/USD $ADAUSD [Daily Compass]BITFINEX:ADAUSD Is currently reacting to a major support and a huge demand that took the price from 1 to 3 from July to september last year.
Follow for more updates...
#AHMEDMESBAH
$FB Watchout for that upcoming rally..NASDAQ:FB Breakout at this time isn't quite ideal. However, there is a chance of decent rally to 370.
Follow and like for more updates...
#AHMEDMESBAH
