Long $IONQ from one LVN to the nextEntering on signals from RSI and MACD.
Confluence between LVN's and Fibs underpin both entry and exit.
SL under a recent high volume bounce.
Fibonacci
Stellar XLM price analysisWhile CRYPTOCAP:XRP price has already firmly established itself above the 2021 highs, the junior "padawane" CRYPTOCAP:XLM has not yet succeeded.
But compared to other alts, the price of #XLMUSDT is still very well held and moves from level to level.
There was a nice rebound from $0.226 to the current $0.27
Of course, it would be nice to test $0.19-0.20 as a courtesy gesture according to TA canons, but if it doesn't, it will only confirm the strength and serious intentions of buyers.
⁉️ Who knows, maybe this year the alt-season will come, and the #Stellar price will reach the current #Ripple levels around $2.30
How much will CRYPTOCAP:XRP cost then?)
The Power of Math AND Statistics in Daily Trading The Power of Math in Daily Trading 📈💰
Ever wonder how to predict market movements? 🤔 Well, math and statistics hold the key! 🗝️ In daily trading, their power is undeniable. 📊 Take BNB, for example. It follows a balanced model, aligning perfectly with fundamental and classical analysis. ⚖️ When it comes to numerical analysis, a hidden strength emerges. 🌟
Look at the chart! 👀 Notice how the price moves rhythmically, reacting precisely to Fibonacci levels? 😮 The numbers speak, my friend! 🗣️ Math translates, and statistics make the decisions. 🧠 At $572.6, there was strong support, with the first resistance at $577. 🛡️
I wanted to share this fascinating chart moment with you all! ✨ #Trading #Math #Statistics #BNB #Fibonacci 🚀
BTCUSDT Market Analysis UpdateBINANCE:BTCUSDT Hi everyone, I hope you are doing well and I have put my opinion in Bitcoin price on the chart for you. and hope this helps you! Simple, concise, useful
Bitcoin (BTCUSDT) has broken below a key trendline, and we are now seeing a potential retracement towards a demand zone around $66,771.5, which could act as a strong support level.
Breakdown & Retest: BTC has fallen below a significant trendline, confirming a bearish move. A possible retest of this zone before further decline is likely.
Long Entry Consideration: If price stabilizes and shows bullish confirmation at the highlighted demand zone, it could provide a strong long opportunity.
Bearish Scenario: A clean breakdown of this level could signal further downside potential, requiring caution before entering long positions.
RSI Oversold? The RSI is showing a potential reversal area, but confirmation is key before making any trades.
📉 Waiting for confirmation before entering!
Let me know your thoughts in the comments!
Best regards
ABOT longCurrently at a very good level.
Broke its all-time high and then came back to retest.
Golden cross about to happen on monthly TF.
Mov Avg 10 is also near, can come back to retest before jumping again but it can / cannot be the case always.
Next targets can be 1690 or 1700. Better to get out at 1650 at a safe side.
Some big candles at daily TF also suggest that player has positioned itself for long flight.
INDU longRecently broke its all time high and came back to retest it.
Currently at a very good level and can touch its next targets which are 3,000 and 3,270.
It can be a little bit delayed as golden cross on monthly time frame is a bit far and moving avg 10 is also far from its current price. It MAY retrace back to touch its moving avg 10 before going back to its all-time high levels.
Low volumes also suggest that it is currently in accumulation phase.
APL LongGolden cross about to happen on monthly time frame (By the start of next month).
It broke out its all-time high, touched Fib 1.618 level and then retraced back to retest.
Currently breached its 10 moving average on monthly chart and weekly 50 moving average gave it support.
Its easy target can be 734 if it jumps again after the golden cross.
XAUUSD Possible Sell XAUUSD in a very strong uptrend but formed a strong resistance around the 2930.356 level. Possible sell opportunity in place.
Good LUck
audusd 4h buy ideaOn the AUDUSD 1D chart, a large bullish channel has formed. Within this channel, a smaller channel broke downward, and the price is now pulling back.
Currently, the price is rising with a bearish pattern, and another smaller pattern has formed inside it. The price is testing its previous high and appears to be rejecting downward. The key level and Fibonacci 0.618 retracement align at the lower point, suggesting that the price may rise toward the previous key level at 0.64584, which is also the upper boundary of the channel.
This chart only includes the smaller timeframe channel for reference.
Nifty Levels using Elliot Wave theoryThe Nifty is currently undergoing a correction from the 26,200 level, following a WXY pattern to complete the correction. It is likely to form a WXY-XZ pattern in the coming days if the momentum fails
A temporary reversal could occur around the 21,714 level. If the index falls below 21,340, it may move towards deeper levels.
Gold Upward Trend Continues with $2975 Target in SightThe gold market is currently experiencing a bullish trend, and technical indicators suggest that this momentum is likely to continue. Based on the 4-hour chart analysis, gold is approaching a new high, with the next key price target set at $2975.
Technical Analysis & Market Outlook
Price Trend & Momentum
Gold prices are on an upward trajectory, indicating strong bullish sentiment.
The market is showing a consistent push toward higher price levels.
Fibonacci Retracement Signals Bullish Continuation
The Fibonacci 0.5 retracement level has been successfully completed.
This technical confirmation suggests that the correction phase has ended, and the price is likely to continue its upward movement.
Key Resistance & Support Levels
The next major resistance level is at $2975, which serves as a potential price target.
On the downside, if the market faces any pullback, previous support zones $2878 will play a crucial role in stabilizing the price.
Market Expectations
Given the technical setup, gold is expected to maintain its bullish momentum in the short term. Traders and investors should monitor key resistance levels, while also keeping an eye on macroeconomic factors such as inflation data, interest rates, and geopolitical developments, which can influence gold prices further.
In conclusion, with the Fibonacci retracement completed and the market pushing toward new highs, gold is well-positioned to reach $2975 in the coming sessions
Hoegh Autoliners - reached target areaAs MPCC also Hoegh autoliners reached the target area from where I anticipate the stock to climb again.
a potential stop could be placed around 65 NOK
MPCC - long entry zone reachedSmall update on MPCC.
Price reached the designated target area to open long trades.
A stop below 16 NOK would minimize the risk and if one wants to give some extra room 14.6 NOK would also work.
Cheers
Copper | $6 ProjectionLike mentioned in my last copper post price has been holding up very well and is heading to $6.
Similar ABC fractal pattern to what we saw in '08 is still valid for this current price structure as well.
USDCHF 4H SHORT IDEAOn the USDCHF 1D chart, after moving in a range and making a 3-touch rejection, the price broke out of a higher timeframe channel and pulled back before dropping further, breaking below the previous key level at 0.89105. Now, it is pulling back again.
Since the trendline zone, key level, and Fibonacci 0.618 align at this point, I am planning to open a sell position.
I will wait for price action confirmation on the 15M-30M timeframe before entering.
Mexican Peso Shows Resilience Despite ChallengesThe Mexican peso advanced 0.35% during the session, demonstrating remarkable resilience amid negative signals from the Mexican industrial sector and economic uncertainties in the United States. However, the near-term outlook for the currency presents considerable challenges.
In Mexico, recent industrial data has raised concerns among investors. The Monthly Indicator of
Industrial Activity (IMAI) fell 0.4% in January, accumulating an annual decline of 2.8%. The most significant deterioration came from the mining and extraction sector, particularly oil and gas, which saw sharp contractions of 8.8% and 10.7%, respectively. Additionally, the construction sector remained weak with an annual drop of 6.7%, while manufacturing declined slightly by 0.8%, with textiles, machinery, and metal goods suffering the most pronounced losses.
On the international front, the recent moderation in U.S. inflation has provided some support to the Mexican peso. The Producer Price Index (PPI) remained unchanged in February, coming in below market expectations. Additionally, the recent slowdown in the U.S. Consumer Price Index (CPI), which fell to an annual rate of 2.8%, reinforces expectations of a potentially more dovish Federal Reserve. This scenario could benefit emerging market currencies, including the Mexican peso.
However, significant risks remain. Global trade tensions and concerns about a potential U.S. recession could drive an increase in risk aversion, negatively impacting the peso in the short term.
Market attention will be focused on the upcoming Federal Reserve monetary policy decision. A dovish stance would clearly favor the peso, while a more aggressive monetary approach would strengthen the U.S. dollar, putting additional pressure on the Mexican currency. For now, the peso has shown resilience, but it will navigate cautiously while awaiting clarity on these key fronts.
Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
XRP to 6.8$ !Sounds crazy? Well, let me break it down for you...
The last time XRP broke out from this accumulation zone, it did a 400% pump in just a few days . Right now, the chart is showing exactly the same pattern, and the liquidity is already loaded.
If we break the $2.98 resistance, the next target is $4.89, and after that... $6.8 is inevitable. 🚀
Don't sleep on this one. XRP is ready to surprise everyone.
💎 Like & Follow for more gems 🔥
🐺 KIU_COIN 🐺
Simple Scalping short $GThis is only simple set up , only using tf 15minute , already mss , and at 4h we are already testing Supply zone. 1:3r here , DYOR.
Nasdaq Hits Double Top Target – What's Next?Amid declining economic confidence and economic growth forecasts, stimulated by expanding trade wars, the Nasdaq has reached the double top pattern target formed between the December 2024 and February 2025 peaks at 19,100.
This level also aligns with the 0.618 Fibonacci retracement of the uptrend from the August 2024 low (17,230) to the February 2025 high (22,245).
The 19,000 barrier holds significant technical weight, as it coincides with:
The golden Fibonacci ratio and the double top pattern target.
Oversold conditions on the daily RSI, previously seen in August 2024 and dating back to similar levels in 2022 on the 3-day time frame.
Key Levels to Watch:
🔻 Downside Risk: If market turbulence intensifies and the Nasdaq drops below 19,000, the next key level is the 0.786 Fibonacci retracement at 18,300, with potential interim support at 18,700.
🔺 Upside Potential: If markets respond to oversold momentum conditions, a break above the short-term resistance at 19,700 could trigger rallies toward 20,000, 20,300, 20,700, and 21,000. A strong hold above 21,000 could extend bullish momentum back toward record highs.
Key Events to Watch:
US PPI Data (Today)
US-Canada Trade War Developments
US Consumer Sentiment Report (Friday)
- Razan Hilal, CMT
CBAPossible Short‐Term Pullback:
If the correction continues, the 1.618 extension (around ~125–126) is a natural technical area to watch for potential support
**NOT financial advice. Always combine technicals with broader market conditions, fundamentals, and your own strategy.)
Beoing Pivots. BAThis really overstretched the indicators quite a bit which have now flipped to the upside. I am willing to take the contrarian view of a what is a bearish market.
UPS About To Break Support. UPSVery slow and not confident move up on the bullish side cancelled by strong bearish candles. Indicators below show ripe fruit for bears' picking. All three are singing in unison. This may be a start of a new Elliott zigzag.
Head and Shoulder on Bearish Pfizer. PFEIndeed, it is. Price action, stochastics and VZO are supportive. We look to break triangle support on the diagonal line, which is the commonest of the two.
