Important Day for EURUSDThis is the daily chart of EURUSD.
Yesterday, the price dipped below the previous low, leaving a wick.
Upcoming USD news will make today's close critical.
Watch for a possible rebound and potential upward movement in the coming days.
There is no basis for selling at these levels!
Fibonacci
Gold M15-Scenario Gold has shown positive movement and is currently maintaining its bullish trajectory, bolstered by overall market conditions such as lower bond yields and a weaker U.S. dollar. Stochastic indicators show continued upward potential.
Analysts have identified strong resistance around the $2,678 - $2,730 range. Gold is likely to test these levels again, with a potential breakout if the bullish momentum sustains.
Some experts expect a potential pullback due to overbought conditions, while others believe that geopolitical tensions and macroeconomic factors may push the price higher. Analysts have indicated ranges from $2,600 to $2,800 per ounce, with some even suggesting it could climb higher due to safe-haven demand.
In the short term, it seems gold may experience a slight decline or stabilization after its recent highs, but the broader trend remains bullish amid ongoing uncertainties.
DVN eyes on $39: Major Support that might help paint a bottom. DVN has been in a downtrend for some time.
Currently testing a major dual fib support.
This was pierced so not as confident to hold.
$ 39.06 - 39.22 is the key support zone.
$ 37.14 below is the first support level.
$ 42.58 above will be the first barrier.
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URNM heads up at $53.55: Golden Genesis fib is decision pointNuclear stocks have been exploding (lol).
This ETF has just hit a major landmark.
Recently proven Golden Genesis fib here.
It is PROBABLE we orbit this a few times.
It is POSSILBE that we break and continue.
It is PLAUSIBLE for a lower high of the top.
$ 53.55 is the exact level of interest.
$ 49.43 is first support, 46.88 stronger.
$ 60.22 is next target if break and run.
See Related Ideas below for other Nuclears.
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Bitcoin - All time high this week! (wedge is breaking out)Comment your altcoin, and I will make a technical analysis for you in response to your comment!
Bitcoin is breaking out of the rising wedge pattern and will most likely hit a new all-time high until the end of this week or October! We can also see that a major bullish flag on the weekly chart is breaking out as well, so this is considered a double breakout.
I have 3 short-term profit targets: 70,079 is the first major swing high of the major bullish flag. 73,777 is the previous all-time high level, and 78,438 is a very significant resistance because it's the 1.618 FIB extension.
From the Elliott Wave perspective, this is extremely bullish as well. The combination of waves 1-2-1-2 creates an Elliott Wave bullish nest. That means we are currently in wave 3 of wave 3, and you probably know that wave 3 is usually the strongest of all of them. We can finally expect increased volatility!
Write a comment, and 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. I share my trades privately. Thank you, and I wish you successful trades!
Cardano Updatethe price took the weekly high first and after that, it took the daily high as well and broke the daily towards the downside. Still, it failed to sweep the external weekly liquidity so I'm expecting the price to do that so I set a limit order at the extreme zone and targeted a 1:2 RR and stop loss above the recent high to see if we tap into the trade or not. either way, it is a pretty good position if it works out
update on SAGAso as you can see guys we came to a higher time frame 4h demand after our previous demand got disrespected and to be honest this is looking good for three reasons:
1- we are currently bullish on the order flow.
2- price swept the liquidity to the demand.
3- the price has a reason to go up and take out all those trend-line liquidities
I will keep you updated guys as soon as I see a really good scenario so bear with me.
have a good day.
ETH/USDT 4h review chartHello everyone, let's look at the current ETH to USDT situation considering the four-hour time frame. In this situation, we can see how the price defends itself from falling to the local upward trend line.
Let's start by setting goals for the near future, which include:
T1 = $2,560
T2 = $2,628
T3 = $2734
T4 = $2,814
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $2,496
SL2 = $2,441
SL3 = $2,353
SL4 = $2,279
Looking at the RSI indicator on a 4-hour interval, we have touched the bottom of the range, which may indicate a temporary end of the correction, which confirms a quick price rebound.
APLD eyes on $8.10: Golden Genesis fib to launch next 14% leg? APLD up against a Golden Genesis fib at $8.10.
This high gravity fib as captured price into orbit.
If bulls can achieve escape velocity we get a pop.
$ 8.10 is the exact level of the Golden fib.
$ 9.28 is the exact target we will look for.
$ 7.37 is first support to serve as SL shield.
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McDonald's (MCD): New setback after quarter pounder incidentOne month ago, we predicted McDonald’s would push into the 127.2%-138% range at max, and now the stock is reacting precisely as we expected. Pre-market trading shows a 6% drop following the news from Tuesday.
The Centers for Disease Control and Prevention (CDC) has reported one fatality and ten hospitalizations linked to McDonald's Quarter Pounder burgers, resulting in the fast-food chain pulling the item from several menus. This incident has brought McDonald's stock back into its previous range, signaling that this wave (B) should mark the local top for now.
If we are correct, we expect to see a 5-wave structure downward from here. While there could be a brief relief pump, we anticipate the stock falling below the wave (A) level of $243. We are patiently monitoring the situation, and if a favorable short setup presents itself, we will share the entry details. For now, we are watching how the news unfolds and waiting on the sidelines.
FFIV heads up into $225: Golden Genesis fib and "a" top for now?FFIV has a nice uptrend with reasonable pullbacks.
Now testing a major resistance around $225 round.
This would be a good spot to take some/all profits.
It is PROBABLE that we consolidate before earnings.
It is POSSIBLE that we have found a top for a while.
It PLAUSIBLE to get a Break-n-Retest entry above.
$ 225.00 - 225.97 is the exact barrier to watch.
$ 217.35 is the immediate barrier of interest.
$ 205.77 is the first good support below to hold.
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Cat in a dogs world MEW price is pleasantly surprisingIt seems that MM algorithms are still comfortable trading #memecoins and their capital is there. The price moves very clearly from level to level, for example $MEW 👇
The preliminary impulse from our purchase zone in a very short time gave a +150% price movement OKX:MEMEUSDT
Of course, now the price of this #SolanaMemeCoin is “a little bit high”, but you can try your luck and pick up a long in the range of $0.0063-0.0075.
What do you think, will it be possible to take away +100-130% of the price movement?
Yes 👍 No 👎
SOLUSDT in the range zone channel wait for breakout Price is still in range zone and parallel channel which major support is 125$ and major resistance zone of this range zone is 190-200$.
we can expect more range here or soon a valid breakout with possible paths after that.
DISCLAIMER: ((trade based on your own decision))
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Coinbase (COIN): Strong push ahead after Bitcoin surge!After our last analysis on NASDAQ:COIN two months ago, we saw another leg down into the golden pocket and the imbalances we were watching. These got partially filled, reaching around 50%, which provided the necessary strength for a push higher. This recent jump is largely due to Bitcoin's rise over the past weeks, as Coinbase, being a major holder of Bitcoin, has directly benefited from this positive development.
This surge was strong enough to invalidate the bearish trend on the higher time frame, confirming that a bullish sequence is now in play. The biggest and closest resistance ahead is the VAH (Volume Area High) traded since November 2023. With the RSI currently overbought and showing a bearish divergence, a pullback could be on the horizon. However, we aren't too concerned about this unless the price drops below $160.50. The bullish outlook will only be invalidated if it dips under $145.
One thing to note about NASDAQ:COIN is its heavy correlation with Bitcoin, which introduces more volatility. The crypto market is also playing a key role in the U.S. elections, with both Trump and Harris addressing the sector. This could provide some tailwinds for Coinbase in the future.
In terms of the broader outlook, the potential wave ((iii)) could see a rise toward $263-$323, though this will take time to unfold. Given the market dynamics, it's better to remain cautious, but the setup looks promising.
Overall, we continue to monitor NASDAQ:COIN closely, but we are more inclined to invest in Bitcoin itself due to the inherent correlation and volatility with the stock.
GOLD → Who pressed the accelerator? Is the RALLY still going on?FX:XAUUSD continues its bull run. Prices are rising and so are the risks (before the news). What influences the growth and what to expect from the metal that surprises speculators?
Gold continues to rise despite a rising dollar, which is rising mainly on economic data and the growing likelihood of Trump winning the US presidential election.
Escalating geopolitical tensions between Iran and Israel, renewed talks on de-dollarization ( There has been speculation about the creation of a gold-backed currency in the wake of the three-day BRICS summit) are supporting the metal.
Gold is technically at highs, which increases the risks of an unpredictable correction due to the approaching news from the US. Also the focus on China markets and the BRICS summit...
Resistance levels: 2758
Support levels: 2749, 2737, 2728
The upside may continue from the local support areas as we are trading in a strong bull market. The focus is on 2749-2737-2728-2713. The market may form another flat or consolidation before the growth...
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;)
Regards R. Linda!
Is BIGTIMEUSDT About to Breakout or Collapse? Yello, Paradisers! Are you ready to ride this wave, or is the storm brewing for #BIGTIMEUSDT?
💎#BIGTIMEUSDT has seen some solid momentum, breaking through market structure with a series of higher highs and higher lows. After forming a new higher high, the price retraced to the Fibonacci retracement zone between 0.61 and 0.68, which is now acting as a critical support area. Right now, BIGTIMEUSDT is hovering just above that level.
💎The Fibonacci zone (0.61-0.68) is holding steady for now and has probability to move upside from here. However, if price dips below the ascending support trendline, it could trigger a move towards the strong support zone between 0.1213 and 0.1187. Keep a close eye on this level.
💎On the upside, the pair will likely face resistance at several levels. The first minor resistance comes around 0.16665, while a more significant hurdle sits between 0.19 and 0.195. A breakout above these could signal a strong continuation of the current uptrend.
💎If we get a candle closing below the critical support at 0.1182, and the price forms a new lower low, this could signal a deeper pullback, flipping the structure to bearish.
For now, we are cautiously optimistic, as long as these key levels hold. Trade smart, keep your stops tight, and watch those support zones carefully! Stay disciplined, Paradisers, because this market can turn on a dime.
MyCryptoParadise
iFeel the success🌴
EURUSD → Is a 300 pips drop not the limit? What's next?FX:EURUSD reaches an important target. As part of the realization, the price passes 300 pips. The fundamental background for further rate cuts is generally favorable
The strengthening economy in the U.S. combined with a growing dollar (extreme rally of the index), the rate of interest rate cuts in Europe are doing their job. The fundamental background for the currency pair is weak, accordingly, in relation to this situation, in the medium term it is worth considering the continuation of the decline.
The price reaches 1.078 - the liquidity zone. The pool of liquidity below this zone can push the price away, forming a correction to the imbalance zone, or to the local maximum, from which we can further consider the continuation of the fall.
Resistance levels: 1.085, 1.087
Support levels: 1.078, 1.067
The last time the level was tested in early August. This fact in tandem with an aggressive fall of 3% may form a rebound due to the lack of technical potential to break the support level. Consolidation or correction may allow the market to accumulate strength...
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURUSD ;)
Regards R. Linda!