According to the previous analysis, the NASDAQ index formed a range zone between 19,490 and 19,630. It has now broken the resistance at 19,630 and reached 19,700. However, this breakout appears to be a false break. I expect a price drop from this level. If the resistance at 19,700 is broken, the price could potentially rise to 20,000.
According to the previous analysis, after breaking the resistance at 18,800, the NASDAQ index reached 19,050. With an update to our target analysis, we will open a sell position in the range of 19,130 to 19,150 for the long term, setting a stop loss at 19,222. This range has been confirmed by Fibonacci levels across multiple time frames and aligns with the...
According to my analysis, I see the NASDAQ index rising to the range of 18,800. After reaching this level, a correction is likely. If the index breaks through the 18,800 range, we can expect it to rise further to the 19,150 level before entering a corrective phase. Additionally, if a candle closes below the 18,500 level, the correction process is expected to...
The DXY index is currently supported in the range of 104, which aligns with smart money strategies. The support at 104 is considered a fake support, while the main support and primary buying range for smart money are in the range of 103.500. This range represents the main order block for the beginning of an upward wave. Based on this analysis, we expect the price...
the price range between $32.00 and $32.15 is a critical resistance zone where many sellers are positioned. This area also coincides with an important order block and a Quasimodo (QM) pattern. These factors suggest a strong likelihood of resistance and potential reversal at this level. Traders should watch this zone closely for signs of selling pressure and...
NASDAQ Analysis: Two Plans Plan A: For Plan A, I am waiting for the price to break down below $18,720. I need to see a 15-minute candle close below this level. After this breakdown, I will look for a pullback to the $18,726-$18,730 zone. At this point, I plan to open a short position, targeting the first support level at $18,680 and the next support level at...
Analyzing the NASDAQ chart, $18,700 stands out as a key resistance level. We are also observing a divergence in the RSI, which often signals a potential reversal. My analysis suggests that after the price consolidates within the range of $18,570 to $18,700 for several days, we could see a downward movement towards $17,500. Following this decline, I anticipate the...
In continuation of our previous analysis on the NASDAQ index, it's important to note a strong resistance zone between $18,000 and $18,100. This range has historically acted as a significant barrier to further upside movement. Furthermore, the chart pattern currently resembles a wolf wave, which is typically considered a bearish pattern. Traders should exercise...
Bitcoin Daily Breakout Analysis Bitcoin has successfully broken out of the daily range of $66,000, indicating a strong upward momentum. This breakout is also confirmed by the RSI indicator, which has broken out of its downtrend line on the daily chart. Considering the timeframe after the halving and the current market movements, it appears that Bitcoin's price...
The Bitcoin chart is currently exhibiting a bullish flag pattern, indicating a potential continuation of the uptrend. Although the price briefly broke below the support level, it has since recovered and returned to the support zone. This price action suggests that the earlier breakdown was a false signal, as evidenced by the chart. My analysis indicates that this...
The Gold chart is currently trending upwards, with a strong support zone between $2,300 and $2,980. Our last target for this trend is in the range of $2,550 to $2,570. While there have been several smaller waves within this uptrend, I am waiting for the price to reach the final target before considering a long position. My entry for a long position in gold is at...
The NASDAQ index has a crucial support level at $17,000, which has held strong in recent trading sessions. In the 3-hour (3H) time frame, there is a notable divergence in the Relative Strength Index (RSI), indicating potential weakening of the current trend. Concurrently, a double bottom pattern has formed after the completion of a five-wave pattern, suggesting a...
regarding to QM pattern that we can see in the importan resistance, and divergence in RSI
Bitcoin dominance refers to the market share or percentage of the total cryptocurrency market capitalization that is attributed to Bitcoin. It is an important metric used by traders and analysts to gauge the relative strength and influence of Bitcoin compared to other cryptocurrencies. In the given description, it states that Bitcoin dominance reached a daily...
In this comprehensive Bitcoin analysis, we delve into the intricacies of the Elliott Wave Theory applied to the 4-hour time frame. The price movement of Bitcoin reveals a discernible downtrend, stretching from 29,800 to 25,800. This downtrend represents the initial wave of a larger, more significant wave structure. Within this initial wave, we observe five...
Important Level Time: 4H fresh order block Not Financial Advice
important Level for Trade and investment, Fresh Order Block Not Financial advice
crypto market on the board and this level is very import for crypto market, regarding to movement of the candle and chart the plan A is more possible. not financial advice