BITCOIN (BTCUSD): Intraday Bullish Confirmation?!
Bitcoin looks bullish after a test of a key daily/intraday horizontal support.
The price violated a resistance line of a minor falling channel and formed a local
Change of Character CHoCH.
Chances are high that the price will continue growing.
Goals: 96900 / 100000
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Trend Lines
S&P 500 Analysis: Key Levels and Impact of NFP NewsS&P 500 Analysis
The price is currently ranging between 5895 and 5918, awaiting a breakout to determine the next direction.
A break below 5895 is likely to push the price into a bearish move toward 5863.
If the price remains above 5895, it may attempt to reach 5937 before any potential decline.
A break above 5937 would signal a bullish continuation towards 5969.
If the price stabilizes below 5863, it is expected to drop further to 5825.
Note: Today's Non-Farm Payrolls (NFP) data release is expected to have a significant impact on the market, potentially driving volatility and influencing these key levels.
Key Levels:
Pivot Point: 5900
Resistance Levels: 5937, 5969, 6002
Support Levels: 5863, 5845, 5825
CADCHFAn old dog trying new tricks, this is what resembles the pattern called Quasimodo. Basically similar to Head and Shoulders but traded differently and unfolds like a correction. On Elliots waves, it could be the correction after an impulse breakout, the sellers on this one will be coming in, what do you see?
Gold: Bullish Breakout and Correction PossibilitiesGold Technical Analysis
The price has stabilized in the bullish zone after breaking above 2665. As we mentioned earlier, stability above 2665 would lead to a move towards 2678. The price has already broken 2678, indicating that the bullish trend is likely to continue towards 2690 and 2706.
However, there is a possibility of a correction, which could bring the price back to 2672 or 2665.
Key Levels
Pivot Point: 2678
Resistance Levels: 2690, 2706, 2720
Support Levels: 2665, 2636, 2623
Trend Outlook
Bullish trend above 2678
Bearish while Below 2673
AIXBT/USDT: 30% Breakout Potential From Range Consolidation Here's a simple trading idea for AIXBTUSDT 🎯
AIXBT Breakout Play Setup 📈
AIXBTUSDT 1H Chart
Strategy: Bullish Breakout from Consolidation
Entry Zone: 0.28-0.29
Target: 0.38 (30.75% potential)
Stop Loss: Below 0.27 - 4H CLOSE
Key Points:
- Price consolidating in range
- Strong uptrend support
- Clear breakout structure forming
Wait for convincing break above 0.31000 with volume before entry.
Risk responsibly! Not financial advice." DYOR ---
This is a straightforward breakout trade setup with clear entry, target, and stop levels. The idea is easy to follow and execute for traders of any experience level. Would you like me to explain any part in more detail?
QKC/USDT - Ascending Triangle Breakout with 20% Target TECHNICAL ANALYSIS: 📈
Price Structure:
- QuarkChain currently showing a clear ascending triangle pattern
- Current price: $0.01036 (-1.57%)
- Trading timeframe: 1H chart
- Key price level identified at $0.012(potential 20% upside)
Pattern Analysis:
- Formation of an ascending triangle with:
• Horizontal resistance: $0.0122
• Rising support trendline (gray)
• Compression zone between $0.010 - 0.0105
Key Observations:
- Price has broken above the immediate resistance
- Volume showing signs of accumulation
- Target projection based on pattern height: 20.10% upside
- Clear support zone: $0.009800-0.010000
Trade Setup:
▪️ Entry Zone: $0.0103-0.0104
▪️ Target: $0.012 (20% potential)
▪️ Stop Loss: Below ascending trendline ($0.0099)
▪️ Risk:Reward ratio approximately 1:3
Important Levels:
- Current Resistance: $0.011
- Key Support: $0.010
- Pattern Target: $0.012
Timeframe: 1H
Bias: Bullish with break confirmation
Pattern: Ascending Triangle Breakout
Note: Always use proper risk management and position sizing. This is technical analysis only. DYOR.
#QKC #Crypto #TechnicalAnalysis #Binance
PEPE/USDT - Rising Channel with FVG Fill TargetTECHNICAL ANALYSIS: 🐸
Price Structure:
- Current price: $0.0001938 (+0.26%)
- Timeframe: 4H
- Trading within ascending channel
- Fair Value Gap (FVG) identified on 1D
Key Levels:
- Support zone: 0.000018-0.000019
- Resistance zone: 0.000026
- Target: 0.000014 (80.30% potential)
Technical Observations:
- Strong ascending channel since November
- 1D FVG (Fair Value Gap) needs filling
- Price showing consolidation at channel support
- Moving average (SMA) providing dynamic support
Trade Setup:
▪️ Entry Zone: 0.000017-0.00019
▪️ Target: 0.000032 (80.30%)
▪️ Stop Loss: Below channel support
▪️ Key resistance break: 0.000026
Risk Management:
- Channel support must hold
- Volume confirmation needed for breakout
- Tight stops below channel support recommended
Timeframe: 4H
Bias: Bullish within channel
Pattern: Ascending Channel
Note: Meme coins are highly volatile. Use proper position sizing. This is technical analysis only. DYOR.
#PEPE #Crypto #TechnicalAnalysis #Binance CRYPTOCAP:PEPE
Key Point: Watch for volume confirmation at FVG fill levels for potential reversal signals.
BITCOIN (#BTCUSD): Pullback From Support!?Bitcoin appears to be gearing up for a positive upward trend.
Analyzing the 4-hour time frame, I spotted a falling wedge pattern and a confirmed breakout above its upper boundary.
The final challenge for buyers lies at the 93,978 - 94,862 resistance level on the 4-hour chart.
If the bulls can surpass and close above this level, it will indicate a strong bullish signal.
This could lead to a bullish continuation, potentially reaching at least 98,000.
Nvidia: Nvidia is still at the top!In the daily timeframe, Nudia stock is above EMA200 and EMA50 and is moving in its upward channel. In case of valid failure of the support range, we can see the downward trend of this share. On the other hand, within the demand zone, you can make purchases for investment purposes with a suitable risk reward.
The stocks of the seven tech giants, often referred to as the Magnificent 7, have grown approximately 30 times over the past decade—more than twice the growth seen in any previous market bubble. Notably, the term “Magnificent 7” was first coined by a Bank of America analyst in early 2023. Therefore, no one could have exclusively invested in these companies a decade ago, as this categorization didn’t exist at the time.
To compare this growth with other market indices, we can look at the Nasdaq 100 in the 1990s, which grew 12 times before the dot-com bubble burst.A significant part of this recent growth is attributed to the surging stock price of NVIDIA. The company has surpassed Apple to become the world’s largest by market value. Since 2019, NVIDIA’s stock has skyrocketed by 3,776%, creating unprecedented wealth among its employees:
• 78% of employees are now millionaires.
• Half of them possess assets worth over $25 million.
However, behind these massive payouts lies a relentless work culture. Employees have reported working seven-day weeks and shifts at 2 AM. The current challenge is motivating “semi-retired” employees whose wealth has diminished their engagement levels. Despite this, NVIDIA maintains an employee turnover rate of just 2.7%, compared to the industry average of 17.7%. The company also ranked second in Glassdoor’s “Best Places to Work” for 2024.
NVIDIA CEO Jensen Huang has stated that the performance of the company’s AI chips is advancing faster than the historical rates defined by Moore’s Law. Speaking at CES in Las Vegas to an audience of 10,000, Huang told TechCrunch, “Our systems are advancing much faster than Moore’s Law.”
Moore’s Law, introduced in 1965 by Intel co-founder Gordon Moore, predicted that the number of transistors on a chip would roughly double every year, effectively doubling the chip’s performance. This prediction held true for decades, driving rapid advancements and cost reductions, but the trend has slowed in recent years. However, Huang claims that NVIDIA’s AI chips are advancing at an even faster rate. He further announced that the company’s new data center superchip is over 30 times faster than its predecessor for AI inference tasks.
Huang added, “We can design the architecture, chip, system, libraries, and algorithms simultaneously. If you do that, you can move faster than Moore’s Law.”
He also revealed that MediaTek, a Taiwan-based semiconductor company and one of the largest producers of chipsets for mobile devices and other electronics, is now leveraging NVIDIA’s technology for its products. Huang praised MediaTek’s expertise in designing system-on-chip (SoC) solutions, stating that this collaboration could drive significant technological advancements and innovation.
At CES, Huang introduced new products and highlighted the emerging concept of “physical AI” as the next frontier in artificial intelligence. This domain includes humanoid robots and autonomous vehicles, both requiring advanced processing chips like those NVIDIA provides. Analysts predict that by 2050, there will be approximately 648 million humanoid robots worldwide, all relying on complex models to navigate the world.
To sustain its growth, NVIDIA is focusing on expanding into new addressable markets (TAMs) while increasing its share in the AI chip market. Huang noted that physical AI is reaching a transformative moment similar to what ChatGPT achieved.
EURAUD: Your Trading Plan For Next Week ExplainedEURAUD is currently in a long-term uptrend on the daily chart.
At the beginning of the year, the price created a large ascending triangle pattern, which is a common bullish formation.
A significant bullish signal would be a breakout above the resistance line, which acts as the neckline of the pattern.
Confirmation of buyer strength and a continuation of the bullish trend would come with a 4-hour candle closing above this level. The next target for the price would be 1.6761.
EURCADLooking at this chart, short term trades signal a sell towards the two previous supports. Currently trading around the composing bearish continuation flag, once the support breaks, we look to sell and use the flag's resistance as the SL with open ended targets, I prefer scalping method for such analysis'.
ETH falling hard from 0.61 Fib level and more dump coming soonSuch a good call near major resistance of Fibonacci retracements level:
Now we are looking for a short-term range here and soon after that more and heavy dump will again start and dump it to 3100$ and 2700$.
DISCLAIMER: ((trade based on your own decision))
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GBPUSD near major daily supports wait for 1.28 soonAs we can see major daily supports now are ahead and i think the green zone on chart can hold the price from falling this time or it may pump now before touching the support and targets we are looking for is at least 1.2800
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
US30Here are some daily Scenarios.
Trend is UP.
Consolidating at the bottom of the channel.
Tapped into demand zone 3 times.
Might get a manipulation in the demand zone and go higher.
Might also get a breakout from the channel, that will accumulate Short positions, but probably the breakout will fail and we'll resume the uptrend.
BTC/USDT | Trendline Retest for a Potential Downward MoveThis BTC/USDT 4-hour chart presents a bearish setup following a retest of the ascending trendline, which previously acted as support but may now serve as resistance. Key details of the trade plan include:
Entry around the $95,584.8 level after the retest of the trendline.
Stop-loss set above $96,694.0 to protect against invalidation.
Targeting $91,702.3 as the initial take-profit zone, coinciding with a previous demand area.
This setup assumes a rejection at the trendline, signaling potential further downside. Monitor price action closely and use proper risk management. Share your thoughts or adjustments to refine the idea!
Nat Gas: Heating Up into the WinterBrief Overview on Natural Gas
Natural Gas is a commodity generally traded on the premise of weather forecasts indicating cooler or warmer seasons. This allows traders to speculate on demand for the product as it generally trades higher with cooler temperatures. Today we are looking at the weekly chart.
Thesis: Technical Analysis Pointing to a Bounce
This analysis is mainly focused on the lasting demand zone that Natural Gas time and time again respects and typically bounces from. The weekly chart points to the likelihood that the R/R is favorable for a long position at these levels in the 2.20's. Not only do we see NG tap back into this heavy demand zone, but we also can see a Cup & Handle on the weekly chart signaling potential greater upside.
Demand Zone offers strong R/R as it dips back in to these levels.
Cup & Handle can represent even further upside, but will rely on the initial rebound to prompt the possibility of it playing out.
There is also a trendline (not pictured) that is supporting the current bounce we are seeing today from the 2.18/2.19 level. It is important to note that the commodity has been seeing higher lows since the Spring.
Lastly, a tap of fundamentals play into this idea as well. Though winter demand is always priced in, this year forecasts have repeatedly painted the picture that this winter will be historically mild. Due to these forecasts implying less seasonal demand for Nat Gas, a shift in the shorter-term and more accurate models as we approach the winter season will sharply move the price of Nat Gas and represents that the current price is truly pricing in a very mild winter. This basis supports the idea of great R/R on this LONG trade idea.
Disclosure
I am currently in a long position in Natural Gas after entering on the Friday (10/18) Close
My position includes: AMEX:UNG Credit Spread 13/12P , AMEX:BOIL common shares
If this thesis holds up, I would plan to roll my credit spread contracts into further expirys
Thanks for reading!
Not Financial Advice
XAU/USD: Analysis and ForecastToday, gold sustains modest intraday growth during the first half of the European session, though it lacks the momentum for a stronger upward move. Uncertainty surrounding U.S. President-elect Donald Trump's tariff plans, fears of a trade war, and geopolitical tensions act as tailwinds for the precious metal.
The $2665 level serves as a strong resistance barrier. Considering the 200 EMA on the daily chart has just begun to gain positive momentum, a sustained break above this barrier could act as a new trigger for bulls, paving the way for further gains. Subsequent upward movement could lift gold prices to intermediate resistance in the $2681-2683 zone, and route to the psychological $2700 level.
On the other hand, weakness below the $2635 level will find some support near the 1oo-day SMA and the weekly low around $2615-2614, established on Monday Following this, a confluence of the psychological $2600 level with the 100-day EMA and a short-term upward trendline extending from November's low provides additional support. A convincing break below this confluence would expose December's low in the $2583 level. If this level is breached, he probability would shift in favor of the bears.
Happy Trading!
Ready for BERT's Breakout: Targeting $1 If It Clears 10c!Decided to start accumulating BERT at this price. Seems it has retraced enough to catch my attention.
Looking for a strong move above 10c and aiming for a potential bag towards $1.
If it starts trading below 0.027, then I'll cut it.
Might pull a massive run if things align!
MEXC:BERTUSDT