Ethusdt plunged in the channel, the target to 3,125 USDTEthereum (ETH) is currently showing a significant decrease in a 1 -hour time frame, moving in a discount channel. With the current price of nearly 3,214 USDT, ETH seems to be having difficulty overcoming resistance around this area. If ETH cannot break the resistance threshold of 3,218 USDT, the downtrend may continue and push prices to lower support levels, namely $ 3,125.
Investors should closely monitor ETH's developments in the near future, especially when the price reaches the resistance of the channel. If this trend continues, ETH can decrease further, bringing short -term sales opportunities to short -term trading people.
Longsetup
BTCUSDT maintains support, targeting 94,000 USDTBitcoin (BTC) is trading between 88,000 to 89,000 USDT, this is a strong support area in the short term. Currently, the ema34 and ema89 indicators are below the price, showing the increase trend may continue if this support level is maintained.
Forecast: If BTC continues to hold over 89,000 USDT, the price is likely to increase higher landmarks, targeting 92,000 - 94,000 USDT.
ETHUSDT: Buyers Reject 3450. Will Price Continue to Fall?ETHUSDT continues to be under bearish pressure from the 3445 formation. Panic? Profit-taking? Are buyers turning around?
Ethereum’s recent price pressure could be due to general market sentiment, possibly due to concerns over regulatory announcements or macroeconomic data impacting risk assets.
Theoretically, if the strength of the US dollar continues and the general market uncertainty persists, this could add further bearish pressure to Ethereum.
Technically, it is worth noting the support zones mentioned.
The 3130 level will hold for the long term as it is a very strong zone, but based on the setup and pattern, there is a high probability of seeing a breakout and decline. The 2775 - 2770 is an ideal zone to test as it is a strong intermediate bottom where price has responded to previous downside.
Let me know what you think about this setup or if you have specific questions about this analysis!
EURUSD: False Resistance Break Could Add to DeclineAs expected, EURUSD continues to hit new lows, currently hovering around the 1.062 level.
The Euro's retreat has largely been driven by a sharp rally in the U.S. dollar (USD), pushing the U.S. Dollar Index (DXY) above 106.00, marking multi-month highs. This surge is fueled by market optimism surrounding the so-called “Trump trade,” with investors betting on potential policies under the upcoming Trump administration.
On higher timeframes, EURUSD is testing a solid support level, which might trigger a corrective move. However, on the 4-hour timeframe, we can clearly observe a downtrend, with the 34 and 89 EMA acting as resistance and continuing to weaken the buying side. Therefore, any strong resistance level is likely to maintain control over the market.
Currently, we are watching for a potential false breakout of the trend resistance, with the aim of consolidation. This consolidation is generally forming within a channel, and if sellers maintain control around the 1.605 - 1.068 area, which aligns with the 0.618 Fibonacci level, we should expect a decline toward key areas of interest in the medium term.
Retest trend ! short-term recovery! target 2625SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
USD bulls take a moment to pause as markets await the latest US inflation data, which could shape expectations for the Fed's rate-cut trajectory.
The Consumer Price Index (CPI) is projected to rise 0.2% in October and 2.6% year-over-year, up from 2.4% previously, raising questions about the Fed's capacity for further rate cuts.
⭐️Personal comments NOVA:
Short-term frame M15 - retesting trend, recovering with CPI news
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2598 - $2600 SL $2595
TP1: $2605
TP2: $2610
TP3: $2620
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Alikze »» TIA | Pull back to broken structure🔍 Technical analysis: Pull back to broken structure
- In the daily time frame, it is moving in a downward channel, which met with demand in the liquidity area. According to the latest analysis presented in the region, there was a demand that grew up to the ceiling of the descending channel.
- Currently, it is moving in an ascending channel within the descending channel, which can continue its growth with a pullback to the broken structure.
- Therefore, this return in the range of the green box or in the middle of the channel can meet the demand again and continue its growth until the supply area.
💎 In addition, if it faces more selling pressure in the Liquidity Area and moves sharply, it can break the range, in which case the bullish scenario will be invalidated.
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BINANCE:TIAUSDT
CPI data helps gold recover temporarily⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
On Tuesday, it was announced that Mike Waltz would serve as National Security Advisor and Marco Rubio as Secretary of State. Both are known for their firm stance on China, suggesting a high likelihood of tariffs being introduced.
At the same time, markets anticipate a less dovish Federal Reserve, with fed funds futures from the Chicago Board of Trade (CBOT) indicating a terminal rate of approximately 3.99%.
⭐️Personal comments NOVA:
Currently, the price is sideways around the 2590 - 2620 range, a short-term recovery for the next price decline.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2660 - $2662 SL $2667
TP1: $2650
TP2: $2640
TP3: $2630
🔥BUY GOLD zone: $2576 - $2574 SL $2569
TP1: $2582
TP2: $2590
TP3: $2600
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
XAU ! 11/13 ! SCALPING recovery , CPI newsXAU / USD trend forecast November 13, 2024! SCALPING
Gold price (XAU/USD) finds support on Wednesday, pausing its three-day decline to hit a recent low near $2,590, recorded the day before. A weaker performance in equity markets has helped boost the safe-haven asset during the European session. However, significant gains remain limited due to the continued strength of the US Dollar (USD).
Gold price moves in sideway trend M15, price range 2600-2610 , waiting for break and recovery to increase price
/// BUY XAU : zone 2604-2601
SL: 2598
TP: 40 - 80 - 150 pips (2616)
Safe and profitable trading
IS ELF BEAUTY FINALLY BOTTOMING OUT?! LET'S SEE!NYSE:ELF is at a key S/R zone and has shown buyers will step in well before this thing try's to dip under $100! That's great news as that gives us a great risk/reward ratio area!
MACD, RSI, and the Stochastic are all starting to curl upward off the bottom, indicating the start of a bottoming reversal. My trade setup and execution details are below. Not Financial Advice.
Entry: $118 Break
PT1: $152
PT2: $175
Final PT: $220
S/L: Break below $100 at $97.72.
11/13 ! Gold recovered slightly, then continued to fall.XAU / USD trend forecast November 13, 2024
Gold prices fell below $2,600 on Tuesday, marking their lowest level since mid-September as the US Dollar Index (DXY) surged to a six-month high. Rising US Treasury yields further pressured gold, with XAU/USD trading around $2,599, down 0.77%.
Investors are closely watching former President Donald Trump's victory and his initial cabinet appointments, which could signal his policy directions on tax cuts, tariffs, and immigration.
Gold price will be sideways, stabilizing below 2650 to continue the downtrend at the end of 2024
/// SELL XAU : zone 2625-2628
SL: 2631
TP: 50 - 100 - 150pips (2613)
/// SELL XAU : zone 2649-2652
SL: 2657
TP: 50 - 200 - 300pips (2622)
Safe and profitable trading
$SOUN : WE ARE BREAKING THE SOUND BARRIER! I TOLD YOU LAST WEEK!NASDAQ:SOUN : WE ARE BREAKING THE SOUND BARRIER! I TRIED TO TELL YOU LAST WEEK.
Now you see why the video I posted on Sound Hound AI was TV's Editor's pick of the week!
We are just getting started, though, and now you see how well my "High Five Setup" works!
Almost 10% on the day bang! If your in this name with me show some love in the comments!
The chart shows price targets in Green and the measured moves!
Not financial advice.
AUD/USD ! November 13 ! Support H4 buy now AUDUSD trend forecast November 13, 2024
The Australian Dollar (AUD) continues to weaken against the US Dollar (USD) for the fourth day in a row on Wednesday, pressured by disappointing Australia Wage Price Index data and optimism around "Trump trades."
Despite this, Reserve Bank of Australia (RBA) Governor Michele Bullock’s hawkish stance following last week’s interest rate hold, with a focus on restrictive policy due to persistent inflation and a strong job market, likely helped limit further losses for the AUD.
Price analysis:
Support H4 -very solid
USD - DXY: correction soon
/// BUY AUDUSD : zone 0.65300 - 0.65000
SL: 0.64500
TP: 50 - 150 - 300 pips (0.68000)
Safe and profitable trading
BTCUSDT: Coin Just One Step Away From Rising !BTCUSDT Accelerates and Updates New Highs Around 90,000. Crypto Market Potential Begins to Unfold Amid Trump Win Excitement
While Bitcoin is hitting an all-time high, one of the most important factors is inflation data from the United States, especially the CPI (Consumer Price Index) report, which is likely to directly influence the interest rate expectations of the US Federal Reserve (Fed). If the CPI is higher than expected, the Fed may continue to maintain or raise interest rates, which could boost the value of the USD and put downward pressure on risk assets like Bitcoin.
Theoretically, if inflation declines and expectations of a Fed rate cut increase, this could create positive momentum for Bitcoin and other risk assets.
However, BTCUSDT is at a key level with upside potential. Technically, the support zone around 76,000 and the liquidity zone just above are areas to watch closely. To confirm the uptrend, investors should wait for confirmation signs at these zones, such as positive price action or increased trading volume. If these conditions are met, a break of the 90,000 resistance zone is within reach, which could trigger a rally to new highs.
tesla still has a shot at ATHthis bull market has carried tsla to prices not seen since september 2022. with the size of the bounce and the consolidation in the s&p500 volatility is expected to rise in this name. the trend continuation could happen at any of these market structure levels, an i would remain long the stock on any breakout or bounce from these levels. ive used horizonfal lines to mark out support, resistance and pivot levels that could sway price. is aim as high as ATH or as low as pwVAH.
What opportunities for BTC when Bitcoin is nearly 100,000 USD?Currently, I'm observing Bitcoin fluctuating around 87,690.84 USD, and I have to say, this has been a pretty impressive price surge recently.
There are several factors driving this uptrend. First, interest from large institutions and investment funds is growing stronger, which could be a primary catalyst for BTC's price increase. Additionally, macroeconomic factors like stable interest rates and new capital inflows into the cryptocurrency market are helping BTC maintain its appeal among investors.
Moreover, with the rapid development of financial and investment companies in the cryptocurrency sector, coupled with the potential approval of a Bitcoin ETF in the U.S., the market is anticipating a new wave of price increases.
From a technical perspective, BTCUSDT is maintaining a strong uptrend, with the price still above the EMA 34 and EMA 89. This is a clear sign that the bullish momentum remains strong. The current chart also indicates an Elliott wave pattern, with BTC breaking through a series of recent resistance levels and heading toward Fibonacci extension levels.
The short-term target I’m watching is the resistance level at 104,119.28 USD (corresponding to the Fibonacci 1.618 level), which serves as the first price target (TP1). If BTC can break through this level, the next target I'm aiming for is 153,100.86 USD (TP2, corresponding to the Fibonacci 2.618 level).
With positive signals from both the technical chart and supporting news, I believe BTC has the potential to reach higher levels in the near future.
DOGE never failsWith DOGE having been adopted by Elon and him rising to power within the new President elect's cabinet, we're seeing some meteoric rises for DOGE. It's great to see as it's a Meme coin, one of the first, which has been fantastic from the start. Now, we're still super bullish and the sub-waves are playing out beautifully. The big question is; is wave 3 done or does it have more to go before correcting for 4 and then onwards to complete this impulse for 5? Either way, it's fantastic to see DOGE do so well. My favourite MEME coin by far.
Mutli winter over - XRPThe most amazing thing has happened with XRP. After months of decline, we've seen a break out of the trend line AND a bullish cross of the week long MACD. This is absolutely phenomonial and I can't wait to see XRP rise and continue to drive forward. BTC is pulling everything up, but XRP is looking really strong and am absolutely bullish.
ETHUSDT Maintains Uptrend – Next Target $5,000?Currently, ETHUSDT is in a steady uptrend within an upward price channel, defined by two upper and lower trendlines. This price channel shows sustainable growth and creates trend-following trading opportunities.
The main support zone is located in the green area (from around $2,400 to $2,800). This is a strong support zone that has been tested many times, providing a solid foundation for Ethereum's uptrend.
The EMA 34 (purple) and EMA 89 (orange) are below the current price, which is a signal that the bullish momentum is still dominant. As the price continues to stay above these EMAs, the uptrend will be further strengthened.
If ETH can maintain the uptrend and break out of the support zone, the next price targets will be higher levels within the price channel.
The chart shows a potential rise to the $5,000 region and a possible test of the upper resistance of the long-term price channel if the uptrend is maintained.
GBP / USD ! Support and good news for GBP ! signal BUYGBPUSD trend forecast November 12, 2024
The GBP/USD slipped back to recent lows on Monday, dipping below 1.2900 as traders await UK wages and jobs data set for release early Tuesday. Despite a quiet US session, risk-on sentiment remained strong, which continued to support the US Dollar.
Good news data forecast for GBP with H1 support - suitable for BUY signal
/// BUY GBP/USD : zone 1.28400 - 1.28200
SL: 1.27800
TP: 40 - 100 - 200 pips (1.30200)
Safe and profitable trading
XAUUSD: 2600 support level is in focus, will it hold?Hello all dear XAUUSD traders!
Gold price today is trading at $2,620/ounce, down sharply by $64 from the previous day's opening price of $2,684/ounce.
Gold fell mainly due to the US dollar holding its position at a 4-month high around 105.5 points. In the same view, Daniel Ghali (analyst at TD Securities) agrees that the possibility of high tariffs applied during Donald Trump's presidency and the demand to hold USD are putting pressure on gold prices, as it is also related to the possibility that the US Federal Reserve (FED) may delay cutting interest rates.
Technically, the price is reversing and intends to test the liquidity zones at the bottom...
Emphasis on dynamic support at 2600. A consolidation before a breakdown is forming. If the price breaks this support level, selling pressure may increase. I do not rule out another attempt to retest resistance, say 2680-2685 before continuing lower following the classic structure as mentioned on the chart. Overall, both fundamentally and technically, the market feels in favor of the bears...
ETHUSDT Aims for New High: Will It Reach Target of 3,974 USDT?Ethereum (ETH) is making waves in the crypto market as it broke out of its long-term consolidation zone, creating a strong uptrend. Currently, ETH is trading around 3,134 USDT, recording impressive growth in recent days.
On the daily chart, we can see that ETH has broken above two important moving averages, the 34-day EMA (purple) and the 89-day EMA (orange), indicating that bullish momentum is taking over.
Using the Fibonacci measurement, if the bullish momentum continues, the Fibonacci retracement levels plotted on the chart show important support levels that ETH could revisit in the event of a short-term correction. Specifically, the levels of 0.5 (2,804.34 USDT) and 0.618 (2,910.69 USDT) are likely to be strong support zones, providing opportunities for investors to buy in with bullish expectations as mentioned on the 1-day chart.