Trend Analysis
$ATOM: Potential for Reversal?
🔎 The chart shows an interesting fractal that may indicate a possible future price movement. After the correction phase, the price has reached a key support level in the green zone. If this level holds, we may see a rebound and growth to $15.76.
📊 Key Points:
Support: Zone $6.18–$6.30 (protection against further decline).
Target: If the reversal scenario is confirmed, the potential move is up to $15.76.
Action: Study the chart, identify your entry and exit points.
⚠️ Remember Risks: Always consider that the market can go against the expected scenario. Use stop-loss to minimize risks.
The Market Matrix - Gold, Crude, Nasdaq & DXY for Jan 26 2025This weeks edition of The Market Matrix.
Disclaimer
The information provided in this content is for educational and informational purposes only and should not be construed as financial advice, investment recommendations, or an offer to buy or sell any securities or financial instruments.
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TESLA Trading Opportunity! BUY!
My dear friends,
My technical analysis for TESLA is below:
The market is trading on 406.51 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish ) continuation.
Target - 414.50
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
XRP has found its fly zone! XRP has blasted through the 0.5 Fibonacci resistance level at 3.11!
This "breakout" (lets not get too excited here LOL) signals a potential trend reversal and further upside for this popular crypto.
Here's what the chart tells us:
Breakout: XRP surged past the 3.11 resistance with bullish momentum and has maintained price above it for a number of hours.
Fibonacci Confirmation: The 0.5 Fib level often acts as a significant pivot point, and breaking above it adds to the bullish case.
Potential Uptrend: This breakout could mark the beginning of a new uptrend for XRP.
Next Targets: Keep an eye on the next Fibonacci extension levels (0.618, 0.786) for potential price targets.
What's fueling the impending surge?
Several factors could be contributing to XRP's recent strength, including:
Positive market sentiment: The overall crypto market has been showing signs of recovery, with Bitcoin leading the way.
Increased adoption: XRP continues to gain traction in cross-border payments and other use cases.
Favorable regulatory developments: Recent regulatory clarity in some jurisdictions could be boosting confidence in XRP.
Trade Idea:
Entry: Consider entering a long position on a pullback to the 3.11 level (now acting as support). (this is my ideal entry place)
Stop-loss: Place a stop-loss below the recent low or the previous resistance level.
Targets: Aim for the next Fibonacci extension levels.
**Disclaimer:** This is not financial advice. Always do your own research and manage your risk appropriately.
#XRP #Crypto #TechnicalAnalysis #Breakout #Fibonacci #Trading
Reef correction is almost finished. 1000% to 3000% is on stake.Price dropped as expected in my another Reef idea but went little bit lower. I think the bottom has been reached but don't be surprised if by the end of january price visits 0.00025 one last time before going higher.
You can see Target levels on the right chart. There are two major liquidity points:
- at 0.004
- at 0.0082
Price targets measured from the bottom 0.0025 could reach up to 3000% in the next 2-3 months.
Easy trade. No need to panic or rush anything. Patience is the key.
ATR+Order Block IndicatorThis is my ATR + Order Block Indicator , a powerful tool for identifying price ranges and reversals. The red line represents the accumulation zone, while the green line is the distribution zone. When the price touches either line, it tends to reverse, creating a predictable range. The distance between the two zones defines the expected price range, dynamically adjusting based on buyer and seller pressure.
The blue line is the ATR line, which indicates market conditions—whether the price is rising, falling, or moving sideways. A flat blue line signals a sideways market, helping traders refine their strategies.
This chart of Nifty Bank demonstrates clear and concise signals generated by this indicator. Unlike traditional tools like EMA, RSI, Bollinger Bands, or Supertrend, my indicators are designed to be unique and combine multiple elements for more accurate buy and sell signals.
This indicator is free, but if you’re impressed by its performance, imagine what my paid indicators can do! follow me on TradingView, and stay updated as I release more innovative tools. Feel free to message me on TradingView for details about my paid indicators or to explore the many ideas I’ve published.
Thank you for your support, and happy trading!
BTC - 1H Elliott Wave AnalysisGreetings, this is the immediate bullish Elliott Wave Count for BTC. I also did a 4H count which takes a deeper retracement into consideration which will be linked below in the notes. I'll like it below in the notes for everybody that is interested it in :) Spoiler: This Analysis gets a bit more complex.
In the immediate bullish count we assume that Bitcoin is forming a double 1-2 set up which should lead to a rather aggressive Wave 3 to the upside. From the low which formed the blue Wave 4 we have a five wave move up displayed in purple which finished white Wave 1. We also formed white Wave 2 already which is a very shallow Wave 2 but it hit the minimum requirements of the 0.236 FIB at 98031.9 USD which is very rare and not preferred but valid.
From here we have started white Wave 3 of which we finished the first Wave displayed as the green Wave 1 here and we are currently working on the green Wave 2 in the yellow ABC.
Green Wave 2 support sits between the 0.5 FIB at 101538.8 USD and the 0.786 FIB at 99110.5 USD.
Yellow Wave A seems to be in as well as yellow Wave B which could extend tho.
Assuming yellow Wave B is in we can calculate targets for yellow Wave C which are very well in confluence with our green Wave 2 support.
Targets for yellow Wave C are the 1 to 1 FIB at 101420.9 USD, the 1.236 FIB at 100585.2 USD, the 1.382 FIB at 100068.2 USD and the 1.618 FIB at 99232.4 USD.
Noteworthy is that all targets for yellow Wave C overlap with the Fibonacci's of green Wave 2 support area.
Additionally the 1.618 FIB target at 99232.4 USD of yellow Wave C which overlaps with the 0.786 FIB of the green Wave 2 support area at 99110.5 USD also overlap with the 0.382 FIB at 99337.8 USD of our Wave 2 support area of the "BTC - 4H Elliott Wave Analysis" which focusses on a deeper retracement which I'll link below in the notes. The golden pocket of green Wave 2 also sits perfectly on 100'000 USD which is an important psychological level.
The green & white Wave 3 should take us well above the last ATH at 108366.8 USD.
On the chart you can see some targets for white Wave 3 which are the 1 to 1 FIB at 109234.6 USD, the 1.236 FIB at 112.052.7 USD, the 1.382 FIB at 113796.1 USD and the 1.618 FIB at 116614.1 USD.
Noteworthy is that the 1 to 1 FIB target at 109234.6 USD is right above the ATH at 108366.8 USD which could function as a short term resistance, so be aware of volatility!
Additionally we got some confluence for the 1.618 FIB target at 116614.1 USD with a high timeframe target at 115948.9 USD which I discussed in my "BTC - 1D Elliott Wave Analysis" which I'll link below in the comments.
Be aware that we get the inauguration of Trump next week and the stock market is closed on Monday which both can have some effect on Crypto.
If you enjoyed this analysis I'd appreciate if you give it a boost as I put a lot of effort into it :)
Thanks for reading.
NO FINANCIAL ADVICE.