AI
Alibaba: Will $BABA Bounce Back or Break Key Support (Daily TF)Hey everyone, below is an analysis on NYSE:BABA using MACD, RSI, Fibonacci levels and technical (gap) levels.
Current Price Levels:
NYSE:BABA is trading around $89.35, down significantly (~26%) from its October 7 high of $117.82.
A notable gap between $85 and $86.95 suggests this is a key level of interest for potential support or further downside risk.
Momentum Indicators:
MACD: Shows signs of curling upward, which could indicate momentum shifting toward bullish sentiment.
RSI: Currently not oversold (at 36), but still in a relatively low range, suggesting there is room for price recovery.
Technical Levels:
Gaps and Fibonacci retracements are marked as potential resistance and support zones:
Gap resistance levels: $93.33-$95.05 and $96.80-$99.18.
Higher resistance levels around $104.41 (gap from October 15) and $117.82 (October high).
Previous daily high at $89.50 could act as near-term resistance.
Fibonacci Levels:
The chart includes a retracement from the October high ($117.82) to recent lows, with levels such as 0.236 ($90.29), 0.5 ($102.53), and 0.786 ($111.27) potentially serving as resistance on any upward move.
Feedback and Outlook:
Support and Resistance Analysis:
Support: The gap zone between $85-$86.95 may provide a strong base if selling pressure continues. A break below $85 could indicate further downside.
Resistance: Short-term resistance is seen at $90.29 (0.236 Fib level) and $93.33-$95.05 (gap resistance). These levels will likely be tested if buying pressure builds.
Gaps to Be Filled:
If the price begins to recover, the first upside target would be filling the $93.33-$95.05 gap. This aligns with Fibonacci retracement levels and may act as strong resistance.
Outlook:
Bullish Case: If momentum continues to build, expect a recovery toward the $93-$95 range, with further potential to reach $102 (50% retracement). This would require breaking above immediate resistance at $90.29.
Bearish Case: If the current support at $85 fails, further downside to test levels around $80 or lower is possible.
Final Thoughts:
The chart suggests a cautious bullish outlook in the short term, especially if the $85 support holds. Watch for price action and volume around the resistance zones to confirm whether this is a dead-cat bounce or a true reversal.
Currently in NYSE:BABA 1/17/25 $100c (BOT @ $1.73).
What currencies are Trend 2025?hello friends
This altcoin, which is active in the field of DEFI and can grow well in 2025, is now in a good range with the correction it has made, so it is a step to buy.
The second step is the lower range that we specified for you.
Note that DEX tokens can experience good growth in 2025.
So be sure to have it in your basket.
Be successful and profitable.
Micron ($MU) is Poised for Action – Here’s What’s ComingMicron is sitting at a major decision point, and the next move could be big. Here’s the game plan:
If we drop below $84: Things could get bumpy, with possible corrections to $74, $70, or even $63–$64.
If we break above $93: The sky’s the limit, with targets at $100, $110, and maybe even $138 on the horizon.
This is one to watch closely. Big moves are coming, so stay sharp and ready to ride the wave!
Kris/Mindbloome Exchange
Trade What You See
BIG positionHello friends
This coin is located in a very, very foggy support area, and by maintaining this support area, you can expect a 50% growth from it up to the previous ceiling, which will be our first target, and we will update the following targets if needed.
Again, note that maintaining this support range is very, very important.
If you like this analysis, give us energy with like and comment.
WHAT IS TRUE...Hello friends
This coin is placed in a channel.
Now, according to the rising market, we have two scenarios:
1_ To break the channel from here and go to register new ceilings.
2- You cannot succeed in a channel failure and buy in the lower range that we specified.
There is another mode, according to the rising market, if the channel succeeds in a valid failure, we should buy a pullback.
Be successful and profitable.
But A.I. Is The Future!? "But A.I. Is The Future!?" He said while I ignored the excitement happily setting up my short yesterday at $28... In truth I am The CoinSlayer and I haven't shorted much lately well here was one. It was really fun.
Also something cant give me money forever perhaps we climb back up call it a trews???
"One coin to rule them all until there is wait two or three... Oh wait there's another one!!!"
YOLO Moonboyz 🌛 If you feel so inclined to do so.
🚽👄Toilet Mouth: " Why do all your post say Short!?" or a bunch of "BUT, BUT, BUT"
⭐Not my job to tell you to buy or sell entries matter to most I only care about my exits.
⭐Let each person determine their cost to acquire and choice to play or not.
No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO"
Things 🤷♂️ #Fixed IDK!
🙏FOR JUST A HEALTHLY PULLBACK!
""KEEP CALM AND MANAGE THY RISK & BALANCE your Senses!""
I am The CoinSLayer 👨💻😈
You have been warned by The Coin SLayer!
P.S. Now witha bag!
P.S.S. well two or Ten
UPDATE {BONK}Hello friends
As we told you before, this coin can ATH by maintaining the specified range.
Now, with the loss of the limit, he was able to hit higher bottoms and if he breaks this triangle, we will go for ATH.
If the market falls, we have identified two other good ranges for you that can be suitable for buying.
Be successful and profitable.
MSFT to $485 by 12/312024 year-end santa rally over next 2 weeks should push MSFT above ATH of $470 to hit the weekly RSI top of $485 by 12/31. I may be slightly off on timing, but the price target is very valid. The fundamental thesis around MSFT is that it should continue making new all time highs as it starts to reap the benefits of its investment in AI software.
AI software will be the next phase of growth stemming from the hundreds of billions spent on AI hardware.
AVVE IS STRONG...Hello friends
After its heavy fall, this coin has entered a suffering that it was able to successfully break.
Now, according to the strength of the trend, in case of correction, we have determined for you the points that are suitable for buying.
The possibility of ATH hitting this currency is very high.
If you like this analysis, support us.
XVG {Read the caption}hello friends
After a heavy fall, this coin was able to enter an ascending channel and hit a higher ceiling and floor, which we showed you in the picture.
Now, after hitting the roof for the third time, we have seen a correction.
Now the best option is to buy a staircase, one step here and in case of deeper modification, the next steps that we specified for you...
Its target is its initial price, which means we expect it to reach its supply price, and if it breaks and hits a new ceiling, we will give you a new update.
If you like, support us with like and comment.