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Fibonacci

USDJPY: Ready for another 1500 pip move? Presidential election in the US, which was one of the most important political events this year, moved the stock market to significant highs, historically speaking. The new rally could weaken the dollar. On the Japanese side of things, the new bullish move might be starting soon. Now that we got the retracement back to our weekly area of interest, its time to start looking for short entries. Our area of interest consists of Fibonacci and VWAP levels. This analysis is taught and provided by Fractals Trading. Trade safely and expect the unexpected, Mei
Short
by martinmei
GOLD → U-turn and fall... Waiting for Powell (Fed)FX:XAUUSD is forming a reversal setup with a bias for the medium and long term. The fundamental background is changing in favor of the dollar at the expense of gold, as well as changing the targets... Trump is the new (old) president of the United States. What does that mean? Rising inflation, a rising dollar, stock market and bonds are possible, but not gold or currency markets. But because Trump's policies promise to be tough on China and Europe, gold may get additional support from investors, but not in the near term, perhaps not in the next year. What are the targets to gold going forward? 2400, 2300, 2200. 2K is not excluded. Now all eyes are on the Fed rate meeting later on Thursday. Will they cut 0.25% or keep the rate the same? The important aspect in that case is the regulator's comments and hints (slowing down the easing cycle is not ruled out). Waiting for Powell... Technically, gold is returning to the range, so the focus is on the internal levels and the key 0.5 fibo, from which the decline may resume Resistance levels: 2670, 2685, 2696 Support levels: 2652 (trigger), 2637, 2624 A correction after the spill is being formed. False breakdown and subsequent consolidation below the above resistance levels will be a signal for the continuation of the fall Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
17
GBPUSD Wave Analysis 7 November 2024 - GBPUSD reversed from support level 1.2840 - Likely to rise to resistance level 1.3050 GBPUSD currency pair recently reversed up from the support level 1.2840 (which stopped the previous intermediate correction (A) at the end of October). The upward reversal from the support level 1.2840 created the daily Japanese candlesticks reversal pattern Piercing Line. Given the clear daily uptrend and the strong US dollar sales seen today, GBPUSD currency pair can be expected to rise to the next resistance level 1.3050 (top of the previous minor correction 4).
Long
by FxProGlobal
Google: Buying TimeGoogle is positioned for sustained growth, making it an attractive investment opportunity in the coming months. With the 2024 Q3 earnings approaching and timely announcements expected, their data strategies and strong global presence provides a promising outcome. - Q3 2024 Earnings - October 21, 2024 - Q4 2024 Earnings - February 3, 2025 As a testament to it's nature, even in daily routines, I still find myself watching YouTube during meals. Goodluck. $167.00 NASDAQ:GOOGL
NASDAQ:GOOGLLong
by lognomics
BTC heads up at 77.7k: Minor but serious fib on the way to 85.3kCharts show a single fib series in different time frames. Bitty's Genesis Sequence has caught all turns since 2015. This fib is a "minor" ratio but it is likely to hold up a bit. Charts and prices are from Coinbase, others may vary. $ 77,672.47 is the exact level of concern. $ 72,937,41 is a must-hold support for bulls. $ 85,354.35 remains the next major target. . Previous turns caught by the Genesis Sequence: March 2024 top: 2021 Cycle top: 2020 Covid Bottom: 2018 Cycle Bottom: ================================================================== .
COINBASE:BTCUSD
by EuroMotif
2
Lido LDO price has woken up and is ready to surprise everyone ?)Just look who has woken up - CRYPTOCAP:LDO After almost a year-long downward trend and 3 months of consolidation, it showed an increase of +50% in 1 day !) Does anyone know what “stimulated” it so much? Speaking purely on the OKX:LDOUSDT chart, it is not advisable for the price to fall below $1.10-1.15 in the coming days. If this condition is met, then we can start dreaming of continued growth to the $2.25-2.40 area. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
$INJUSDT Analysis: Bullish Momentum Post-Election result!!BINANCE:INJUSDT has shown a strong bullish momentum after breaking out from a key trendline and undergoing a healthy correction to major support levels. Yesterday's sharp upward move, accompanied by significant volume, came in the wake of positive election results, fueling optimism in the market. With this newfound strength, we are anticipating that INJUSDT could soon challenge and potentially break its All-Time High (ATH). As always, trade cautiously and use a small portion of your capital to manage risk effectively. The trend is favorable, but risk management is key. Trade Safe, Stay Smart! BINANCE:INJUSDT Currently trading at $20.8 Buy level: Above $20 Stop loss: Below $16 TP1: $23 TP2: $28 TP3: $33 TP4: $53 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
BTC new ATH what's next?BTC reaches new ATH, but the level around $76,600 is a key place in the four-year cycles lasting for BTC, because from its low in each cycle, it grows less by 5.3 times than in the previous cycle. However, the situation may change with the introduction of ETFs to the market, which changed price movements. If we manage to break out of the $76,600 level, we can see a move towards $83,800, and then the important level is at $89,000. When the price starts to recover, the first important thing for us is the support zone from $73,700 to $70,000, when this zone is broken, the price can quickly return to the level of $66,000, and then the important support is at the price of $59,300. We have also identified a visible upward trend line on which we can currently base critical points in the event of a correction.
Long
by cryptodailyuk
XAUUSD - gold waiting for the Federal Reserve meeting!Gold is below the EMA200 and EMA50 in the 4H timeframe. In case of an upward correction by the FOMC today, we can see a supply zone and sell within that zone with a suitable risk reward. Donald Trump’s victory in the Tuesday presidential election could alter the economic outlook of the United States and influence the Federal Reserve’s policies in the coming months. Concerns about how much pressure Trump might exert on the U.S. central bank in his second term have resurfaced. In his campaign, Trump has pledged to impose stricter tariffs on America’s trading partners, deport millions of unauthorized immigrants, and extend the tax cuts approved in 2017. If these policies are implemented, they could exert upward pressure on prices, wages, and budget deficits, creating significant challenges for the Federal Reserve. Under these circumstances, the Federal Reserve will face increased obstacles in achieving its 2% inflation target while maintaining employment levels. Furthermore, if Trump continues his pattern of public criticism of Jerome Powell, the Fed chair, the U.S. central bank may find itself under political scrutiny. The Federal Reserve officials have decided to lower interest rates by 25 basis points today, following a half-point reduction in September. The September forecasts indicate another quarter-point cut for December and a full one-percentage-point cut planned for 2025. Following the rate announcement, Powell is likely to address questions in a press conference about the impact of the election on Fed policies. During Trump’s first term, he faced repeated criticism from him, and recently, Trump has criticized Powell for delays in policy decisions.
FOREXCOM:XAUUSDShort
by Ali_PSND
BITCOIN - There is no second bestThe absolute most favorable scenario for Bitcoin has just occurred, the US elections have finally brought some clean air to the markets, that being said the fact that the United States has officially become a pro-Bitcoin government could bring years of incredible prosperity for the crypto market. Speaking of technical analysis there is not much to say, Bitcoin closed the month above 69k again and right now it is retesting the old ATH, 150k is in play right now
INDEX:BTCUSDLong
by MC_Capital_
SUI - PRICE DISCOVERYLet's go back to talking about SUI, but this time without a doubt, as we have seen, the most favorable scenario for the crypto world is occurring, the US elections have caused Bitcoin to enter price discovery, thus making the bullish trend official. In these cases the wisest thing to do is to find those coins that have been stronger than BTC during the cycle and here the choice is quite easy, SUI has performed better than any other L1 this cycle and continues to do so following the trend of BTC, the chart is very similar, there was a breakout entering price discovery months ago, deviation down and then returning again to ATH invalidating the deviation. That said, I am convinced that it will be the best bet for this cycle, I have personally tried the whole ecosystem and it works even better than Solana (the direct competitor for the title of best smart contract platform). In an ideal scenario, it could close this cycle at $50, let's see...
COINBASE:SUIUSDLong
by MC_Capital_