Support
Gold BuyIn my previous anylisis i have seen that gold will touch its support level down there now as time passed it has gain its previous momentum back and moving towards its resistance level now as we can witness that gold has broke its Resistance which became support for now we have seen a retest now as being bullish we are moving towards it Ath resistance level so we are bullish to that level of resistance
BIGTIME/USDT: LONG SCALP SETUP! Low Risk, High Reward Setup!!Hey everyone!
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BIGTIME looks promising right now. It’s forming a symmetrical triangle on the 4-hour time frame and is currently hovering near the lower trend line of the triangle. Additionally, there’s support at the 100 MA, which strengthens the bullish outlook. Consider going long here and adding more on any dips.
Entry: Current Market Price (CMP) and add more up to $0.129
Targets:
$0.149
$0.168
$0.185
$0.204
Stop Loss (SL): $0.122
Leverage: 5x
Risk/Reward Ratio: 1:6
What are your thoughts on BIGTIME's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
Support And ResistanceIn this analysis I'm analysing 4H timeframe for finding upcoming moves in EURUSD. The strategy which I use In this setup is support and resistance and price action.
So I'm looking for sell setup.
So wait when price come to our zone and how it react insise the zone.
Always use proper risk to reward ratio.
XRP LongXRP is finally having its rally. Saturday, 9/28, hit a milestone as it broke its previous high (resistance). It will most likely retest with a pullback balancing itself between 0.62 and 0.67 in the coming days. On the weekly chart, a golden cross formed on Monday, 9/15. 200 MA is playing the break. Resistance - $0.74 Support - $0.50
AR Long Spot Position (Breakout Retest)Market Context: AR is showing strength at current levels after a proper breakout, now retesting the broken resistance. With AI performing well, this presents a high-conviction trade opportunity.
Trade Setup:
Entry: Enter a trade around $22.5.
Take Profit:
First target: $28
Second target: $35
Stop Loss: Below $20
⚡ The breakout and retest setup indicates strong bullish potential.
#AR #Crypto
Cup and Handle Formation Spotted On GBTCWe want to share an interesting pattern on the monthly GBTC – Grayscale Bitcoin Trust chart. It’s a nice bullish cup and handle pattern, where the handle is supported by a 20-month moving average. Cup and Handle is a bullish pattern that can push GBTC, Bitcoin and the whole Crypto market higher at the end of 2024 or the beginning of 2025.
The cup and handle pattern is a bullish continuation pattern in technical analysis. It looks like a cup with a handle on a price chart. The cup is U-shaped, indicating a period of consolidation followed by recovery. The handle is a short period of consolidation after the cup, leading to a breakout above the handle's resistance level, signaling a potential continuation of the uptrend.
Not only cup and candle, but even Elliott wave path suggests price can resume up, not to mention risk-on flows and bearish Dollar.
SUPPORT AND RESISTANCEToday, I'm focusing on a potential sell opportunity in XAU/USD. The recent price action indicates that gold may be facing resistance around the $2640 level, where it has struggled to maintain upward momentum. Additionally, with rising interest rates and a strengthening U.S. dollar, market sentiment seems to be shifting towards bearish for gold. Technical indicators, such as the MACD, are showing signs of divergence, suggesting a possible downward trend. If the price breaks below key support levels around $2624, it could trigger further selling pressure. I'm prepared to enter a short position if these conditions align, looking to capitalize on a potential decline in gold prices.
Always use stoploss for your trade.
# GOLD 4H Technical Analysis Expected Move.
Cosmos weekly upward trend. Atom hit the stanky leg this weekend. A green candlestick with a longer bottom wick is a good sign to set up the coming week for success. I have resistance targeting $5.21, but it will take some time to get there. I believe it will pump in the next day or two and then come back down around the $4.60 range. Any thoughts anyone???
Dragonfly DojiA dragonfly doji has appeared, followed by a green candle. If two more green candles follow afterward, it will create a morning star, continuing the upward trend that started at the beginning of this month. Be aware of a small retrace before the next baby pump. Resistance-$0.92 Support-$0.79.