Lower Prices? Ok, But...It is the first time that MA200 gets tested as support coming off a major high since July 2024. Would you like to call for lower prices? Ok, but, when such an event happens there is always a price bounce. So we get a minimum of a move toward resistance before Bitcoin can produce a lower low.
Another but. But, once the pullback is in and a new decline starts, this decline will end in a higher low rather than a lower low. That's just my speculative opinion of course and we cannot trade, move nor take action based on speculation. We can do take action based on price action and the signals coming from the charts.
The rise that is starting now can have an initial, short-term target, of around $94,000 to $97,000. That's just to start. Depending on how this level is handled we can consider the rest.
We are going up though, but I am giving you the benefit of the doubt, I am staying open to all scenarios, even though market dynamics are as clear as day.
What is your opinion about all of this?
If you agree, leave a comment.
If you disagree, leave two comments, a follow and a boost.
Thanks a lot for your continued support.
See you at the top. We are winners now, tomorrow, yesterday and forever more.
Thank you for reading.
Namaste.
Trend Analysis
EURUSD My Opinion! BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The instrument tests an important psychological level 1.0373
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0429
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
Buy the Dip $TSLANASDAQ:TSLA
Target TP: $414
Support: $292
Support 2: $269
SL: $209
Narrative:
1. Historically, TSLA stock price intersect with 200 EMA always reacted by a significant revamp.
2. Latest PCE report signaled a very strong growth in Automotive sector.
3. Short-Selling primarily driven by investor sentiment and materialization of long-dated long position, which is non related to fundamental business of Tesla's core value.
4. by April is Earnings report of Q2 2025 for Tesla. Tesla stock always respond highly volatile to the earnings report.
5. Strong uptrend support in Daily candle accompanied with major Fibonacci support range.
Up for SPX500USDHi traders,
Wow! Last week the price action of SPX500USD went exactly to the target as predicted in my outlook. On Monday it dropped and after a correction up it took the liquidity under the previous lows and filled the 4H FVG. I've updated the wave count.
Now next week we could see a corrective upmove to the higher 4H FVG.
Let's see what the market does and react.
Trade idea: Wait for a small correction down to finish and after that a change in orderflow to bullish to trade longs.
If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis.
If you don't agree, that's fine but I don't need to know it. I do not provide signals.
Don't be emotional, just trade!
Eduwave
TASI IS GOING BEARISHAs you can notice on the chart, TASI as I told you in older posts, it grabbed the LQ at 12,302.190-12,333.861, gave us an entry point and now it is heading towards the level 11591.374 where it will grab the LQ.
For the people who have already bought, you can close and enjoy your profits, and for those who are willing to buy, the wise thing to do is hold your funds.
For further questions, don't hesitate to ask!
Follow for more!
ALIBABA WYCKOFFHello
Here I present my possible idea of an accumulation campaign that has lasted almost 3 years and now ends with a brake out, being able to buy back when it reaches the upper level of the campaign around 118 usd.
It is somewhat unclear what the climax would be but it is a clear example of absorption volumes.
EOSUSDT Buy opportunityEOSUSDT has completed Wave 2 within the current impulse wave cycle, positioning the market for a potential Wave 3 expansion, typically the strongest in an Elliott Wave sequence. The weekly timeframe RSI exhibits bullish divergence, indicating weakening bearish momentum and a possible shift in trend structure.
Price is currently trading within a key accumulation zone, aligning with previous demand levels and Fibonacci retracement confluence. A sustained breakout from this region would confirm the initiation of Wave 3, targeting the projected Fibonacci extension levels.
Profit-taking zones are outlined on the chart, with mid-term resistance areas acting as potential reaction points. A failure to hold the accumulation zone may signal further corrective movement before a larger expansion.
USD/JPY - Fresh Outlook for the WeekThe setup is lining up clean—(4H SSL swept), priming the market for bullish intent. My focus? (Buys on the 30M TF,) targeting either (4H internal supply ) or a full reach toward (4H highs).
Game plan is simple:
• Wait for the market to open.
• Watch for bullish momentum and confirmation on the 30M TF.
Now, (one thing to note)—we still have (untapped internal supply )from recent structure that could cause a reaction. But here’s what’s giving me conviction:( major 4H/12H SSL inducement has been taken,) signaling that price could push higher.
At this point, it’s all about (letting price show its hand.) I’ll wait, watch, and (strike when the confirmations align. )Let’s see how it plays out.
Bless Trading!