It's about time to see the direction in these within daysETH has been moving in symmetric triangle pattern. Exactly following the two converging trendlines.
Hopefully, we could see the direction within this week (even these few days).
Maybe, there will be 1-2 false breakout before the movement. Please be aware.
Chart Patterns
AGLDdaily tf for AGLD looks very promising
as it is shown in the chart, price correction is done and to me looks like indicators are showing that there is will be movements toward HL, in my previous analysis entry target was 1.5536 and it seems that the accuracy was 100% for the entry.
Now, if the price goes higher than 1.6625 then we could 100% say that price will hit 2$
good luck
nfa
dyor
#WIF Return to starting pointThis is a rule that comes true 95% of the time.
Meme Coins return to where they started.
They go back to the starting point very quickly, but it takes years to get back up.
It has been falling for three and a half months and has fallen 74% so far.
Meme coins that do not have a proper community have a short lifespan and do not expect them to experience such growth again because new meme coins are coming out every day with new colors and glazes and most people tend to invest in new meme coins to go back and think about old meme coins again.
And with new meme coins, the possibility of old meme coins growing again is low unless their community wakes up.
Could the Fiber bounce from here?The price is falling towards the support level which is an overlap support that lines up with the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.0451
Why we like it:
There is an overlap support level that lines up with the 23.6% Fibonacci retracement.
Stop loss: 1.0391
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
Take profit: 1.0535
Why we like it:
There is a pullback resistance level.
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Could the Gold drop from here?The Gold (XAU/USD) has reacted off the pivot and could drop to the 1st support which acts as a pullback support.
Pivot: 2,778.01
1st Support: 2,718.90
1st Resistance: 2,815.38
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GOLD Price will Reject From Resistance Area Hi traders what's do you think about GOLD given suggestion in comments.
XAUUSD price action with a focus on key levels. Based on your outlook, it seems like you're anticipating some pullback due to the hawkish stance from the Bank of Japan, and you're considering the upcoming economic data releases, like the US GDP and Fed's decision.
Rejection Point: 2789 - This seems like a crucial resistance level. If the price tests this and fails to break above, a rejection could lead to a downside move.
Current Price: 2776 - This is just below your resistance zone, and price might move toward 2789 to test the resistance before pulling back.
Support Levels:
2760: A decent support level; if price dips here, it might find some buyers stepping in.
2740: A second support, which could be key for holding further declines.
Considering the data releases on Friday (US GDP and Fed decision), there could be some volatility around these levels.
What are your thoughts on the potential outcomes from the Fed's decision? Do you see them leaning more towards tightening, or do you think a pause might result in further strength for the USD?
if you like this analysis please support my work and fallow thanks for Love.
XLM - Will XLM Find Strength or Stumble?XLM has been in a downtrend for the past 10 days after rejecting from the 0.618 Fibonacci retracement resistance. The price action shows lower highs and lower lows with no significant volume, signaling a potential continuation of the trend. Let’s identify the key support and resistance zones and possible trade setups.
Support Zone
A strong support zone lies between $0.3725 and $0.3695 based on multiple confluences:
Monthly Level: At $0.3725
Anchored VWAP: From the very low, the VWAP aligns with the monthly level
Fibonacci Retracement: Drawing the fib retracement from the year’s low to the recent high, the 0.75 Fibonacci level lies at $0.3695
Resistance Zone
Key Level: Price data highlights $0.435 as a significant S/R zone
Fibonacci Retracement: The 0.618 Fibonacci retracement from the current wave aligns with the key level
Short Trade Setup
Entry: 0.618 Fibonacci retracement/key level at around $0.435
Stop Loss: Above the previous high
Take Profit: Target the support zone at round $0.3725
Risk-to-Reward (R:R): 4.5
Long Trade Setup (on confirmation)
Entry: Long position between the support zone of $0.3725 and $0.3695
Stop Loss: 3% SL
Take Profit: around 0.39/0.4
Risk-to-Reward (R:R): 2 or better
Avax analysis and review: another rise or fall?hello guys
We came with Avax analysis.
This coin has been suffering for almost 35 days after its price drop, and now that the price is at the bottom of the trading range, it is expected that we will have an upward movement by maintaining the support range up to the ceiling of the trading range.
In case of failure, we will give you a new update.
*Trade safely with us*
EUR-USD Strong Breakout! Buy!
Hello,Traders!
EUR-USD is trading in a
Local uptrend and the pair
Made a bullish breakout of
The key horizontal level
Of 1.0458 which reinforces
Our bullish bias and will
Be expecting a further
Bullish move up
Buy!
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