Harmonic Patterns
Is $AMD a massive buy opportunity for 2025?Is NASDAQ:AMD a massive buy opportunity for 2025?
AMD is doing great financially/fundamentally with chips that is 2nd to NVDA. In addition, their data center revenues are growing exponentially.
It is a probably a great buying opportunity here at $121 going into 2025.
FINALLY SELL TREND START NEXT TARGET 2568Hello everyone congratulations to all our last target reached in FOMC,FED PRESS CONFERENCE Gold reached 2583 .
finally sell trend is start now we look more to sell target BC you also know trend is your friend our next here
sell limit 2610
sell limit 2628
target is here 2590 2568
weekly candle hope big drop on lock
When is altcoinseason?
I think altcoinseason is getting closer.
We have to follow the trend line, the dominant one has already reached a sensitive area, it may go up a little more, even up to 66%, who knows, maybe even a little more, but when the trend line breaks, that's when we'll have the first serious signs from the start of altcoinseason.
It is quite difficult to reach the 70% area because the market in general has matured and matures from cycle to cycle.
Bearish drop?EUR/CAD is rising towards the pivot which lines up with the 50% Fibonacci retracement and could drop to the 1st support which acts as an overlap support.
Pivot: 1.49673
1st Support: 1.48477
1st Resistance: 1.50585
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Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
near/usdtin my opinion, near and all crypto market will fall and I think the entire crypto market will fall, because btc.d is rising up.
And also the policy of the US government is to cover the budget deficit and the depreciation of the dollar from the pockets of the people as usual.
That is why they increased the price of Bitcoin so that more money enters the market
When more money enters the market, they reduce the price and collect their profits.
In general, the Bitcoin market will be bearish for now and until the dominance of Bitcoin falls, altcoins will be in a disastrous situation
Because when Bitcoin was $64,000 three years ago, altcoins were at their historical ceiling, but now, even though Bitcoin has exceeded $100,000, they are spending at the bottom of 2020
WAHN - PSX - LONG SWING Trade OpportunityFundamentally company is growing as it is producing chemicals used in ammo manufacturing of POFs; besides it is Commercial Selling front-end of POFs products. Backing by Min of Defence Production is another plus; therefore, no shortage of Cash Flow (despite what their Financial Statement says). On going war in Europ is very beneficial for this company as it has huge number of orders pre-hand. Last year company gave huge dividends and once again it has given 100% dividend as well due in Oct 2024.
Technically, on Monthly TF Cup & handle formation is in making which indicates a bull run condition. The Bull run on Daily TF has also begun. On Daily TF AB=CD pattern has been drawn for taking quick profits in a couple of weeks. Therefore, instant Buy at around 220 can be initiated and TP be set at around Rs 270 ~ 280. However, it is expected that it should be reaching previous all-time high of Rs 369 by May~Jun 2025. One can book profit at that time and re-enter in Buying once price drops to Fib 0.382 level on Monthly TF (Rs 280.91). Then next Bull run is expected to take its price to Rs 600 by end Sep 2026.
Disclaimer : This is not a financial advice; it is being shared for the education purposes only. Take trade as per your own analysis.
Ethereum: Regaining Balance After a Bearish Trend ReversalEthereum (ETHUSD): Consolidation Phase Amid Mixed Market Signals
Ethereum (ETHUSD) continues to consolidate within a defined range, with the upper boundary near 4085-4100 and the lower boundary around 3530-3440. Despite the recent bearish pressure, the overall market structure still leans bullish, supported by favorable fundamentals—barring certain developments in recent news that have introduced a layer of uncertainty. This consolidation phase reflects a temporary balance between bullish and bearish forces, with potential for significant movement once key levels are breached.
Current Market Overview
At present, Ethereum is trading near a critical resistance zone between 4090 and 4100, which has historically proven to be a formidable barrier. Breaking through this zone will likely require a substantial influx of bullish momentum and trading volume. The broader trend remains upward, but yesterday's news has introduced an element of caution. The fundamental backdrop is ambiguous, with hints of a possible shift in monetary policy. While the news of a decline in interest rates initially appeared bullish, indications of a more hawkish future stance have tempered optimism. Bitcoin, the market leader, has shown signs of a minor correction, which often correlates negatively with altcoin performance, including Ethereum.
Technical Analysis: Key Support and Resistance Levels
Resistance Levels:
4086-4100: A strong resistance zone that Ethereum is currently testing. Breaking above this range could pave the way for a retest of higher levels.
4372: A significant level that aligns with the bullish continuation scenario if momentum sustains above 4100.
Support Levels:
3530-3440: This zone has emerged as a robust support area, underpinned by significant liquidity. It is likely to act as a magnet for price action in case of further downside.
3261: The next major support level in the event of a deeper correction, signaling potential bearish risks if the price falls below 3440.
Market Sentiment and Potential Scenarios
Ethereum's bullish structure remains technically intact, as evidenced by the formation of higher lows and the maintenance of key support levels. The 3530-3440 zone represents a strong demand area, and a retest of this level is a plausible scenario. Such a retest could serve as a "liquidity grab," enticing sellers before the price reverses upward, targeting higher resistance zones.
However, risks of further declines cannot be ignored, particularly if broader market conditions deteriorate or Bitcoin extends its correction. In this case, Ethereum may retest deeper support levels, potentially challenging the bullish outlook. For now, the market appears to favor a consolidation phase, with the potential for upward momentum taking precedence.
Strategic Approach: Trading the Range
Given Ethereum's current position within the consolidation range, a pragmatic trading strategy would involve leveraging the boundaries of this channel. Traders may consider entering long positions near the 3530-3440 support zone, targeting the upper boundary around 4086-4100, while employing tight stop-losses to manage risk. Conversely, short positions could be explored near the resistance zone if bullish momentum falters, with support levels serving as potential take-profit targets.
Outlook for Growth
Despite short-term uncertainties, Ethereum's longer-term outlook remains optimistic. A successful breakout above 4100, confirmed by strong volume and momentum, would significantly strengthen the case for further growth. Such a move could open the door to the next major resistance level at 4372, potentially marking the start of a renewed bullish rally.
For now, the consolidation phase represents a period of accumulation, with the market preparing for the next decisive move. Monitoring macroeconomic developments, Bitcoin's price action, and Ethereum's interaction with key support and resistance levels will be critical in shaping the near-term trajectory.
Bearish reversal?AUD/NZD is rising towards the pivot which is a pullback resistance and could dropto the 1st support.
Pivot: 1.10894
1st Support: 1.10338
1st Resistance: 1.11515
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish drop?NAS100 has reacted off the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 21,414.83
Why we like it:
There is a pullback resistance level.
Stop loss: 21,813.15
Why we like it:
There is a pullback resistance level.
Take profit: 20,774.05
Why we like it:
There is an overlap support level that lines up with the 78.6% Fibonacci retracement.
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