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Bearish drop off 38.2% Fibonacci resistance?The Silver (XAG/USD) is reacting off the pivot which acts as an overlap resistance and could drop to the 1st support which has been identified as a pullback support. Pivot: 29.97 1st Support: 28.00 1st Resistance: 30.95 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.
ICMARKETS:XAGUSDShort
by ICmarkets
WHY DOES BITCOIN LOVE THE SABBATH? My next trade!🎥 Today's Bitcoin Analysis 🎄🎉 🚀 Bitcoin's Price Movement: The weekend brought some slow action 💤 as everyone enjoyed the holiday celebrations 🎅🎁. However, as we've seen lately, Sundays and Wednesdays are when Bitcoin tends to wake up from its slumber 🦁. 🔥 Gearing Up for Another Volatile Sunday: The bearish leg 📉 seems to still have inertia, guiding price movements downward. We're eyeing range extremes 📊 for a rotation play 🔄. Why not get in on some of the action if the opportunity arises? 🤔💼 ⚡ Let's watch how this plays out! 🔔Enquire for 121 lessons / academy #500FOLLOWERS 🎉 #500GIVEAWAY 🎁
by Trade-Journal
Will Bitcoin Hold $91,600 Support or Drop to $86K?The BTC/USD 4-hour chart highlights a key support zone at $91,600–$92,200, acting as a strong barrier against further downside. The price is consolidating near this level, with a descending trendline adding bearish pressure. A bounce from this support could retest the trendline around $94,000–$95,000, while a break below $91,600 may trigger a decline toward $86,000 or lower. Traders should watch for confirmation of a bounce or breakdown.
CRYPTO:BTCUSDShort
by unichartz
SELL to BUY activated ( Perfect analysis from yesterday so far )As expected, ( check my idea posted yesterday afternoon), after a little push at the opening, we had a beautiful sell this morning. We anticipated yesterday too much liquidity pending around the 2610 level. We just garbed 2 points of liquidity , with a strong bullish momentum. BUY activated, but still one daily point of liquidity pending lower with some imbalance so lets be careful. Very small lot size so far waiting for further confirmation.
OANDA:XAUUSDLong
by PirateFX_GoldHunter
TLT to double bottomTLT might revisit the $80-82 range before creating a double-bottom reversal pattern. Look at the RSI. I bet that the RSI will go down to the trendline and find support before bouncing. I would start DCAing out from $120 for 40% gain. --------------------- TLT (iShares 20+ Year Treasury Bond ETF) is an exchange-traded fund that primarily holds U.S. Treasury bonds with maturities of 20 years or more. As a result, TLT tends to be sensitive to changes in long-term interest rates. Why buy TLT? Interest Rate Outlook : Investors often purchase TLT when they expect long-term interest rates to fall. Declining rates increase bond prices, which can boost the value of TLT. Safe Haven : In times of market volatility or economic uncertainty, TLT can act as a defensive holding, because U.S. Treasuries are generally considered lower risk compared to stocks. Portfolio Diversification : Adding TLT to a portfolio can help diversify equity exposure and potentially reduce overall volatility.
NASDAQ:TLTLong
by brian7683
WHY DOES BITCOIN LOVE THE SABBATH? My next trade!📈🎥 Today's Bitcoin Analysis 🎄🎉 🚀 Bitcoin's Price Movement: The weekend brought some slow action 💤 as everyone enjoyed the holiday celebrations 🎅🎁. However, as we've seen lately, Sundays and Wednesdays are when Bitcoin tends to wake up from its slumber 🦁. 🔥 Gearing Up for Another Volatile Sunday: The bearish leg 📉 seems to still have inertia, guiding price movements downward. We're eyeing range extremes 📊 for a rotation play 🔄. Why not get in on some of the action if the opportunity arises? 🤔💼 ⚡ Let's watch how this plays out! 🔔Enquire for 121 lessons / academy #500FOLLOWERS 🎉 #500GIVEAWAY 🎁
by Trade-Journal
My Analysis and Plan for XYO/USD Alright, let's dive into what I’m seeing on this XYO/USD daily chart. I've had a look, and here’s my perspective on this coin. Technical Analysis: Significant Pump and Dump: The most obvious thing on the chart is the large pump and dump that happened in November and early December. I am seeing that the price went up very quickly, and then went down very quickly too. This leaves a lot of traders unsure about what to do. Recent Rejection: Since the big dump, the price has consistently been rejected from the $0.023 area. Every time the price tries to move up, it can't seem to break through that level, which indicates there is a lot of selling pressure at that price level. Support Zone at $0.018: The price is showing a potential support level in the area of $0.018, which gives me a potential for a lower risk entry point if that support continues to hold. RSI Near Neutral: I'm seeing the RSI is near 50, which shows no real bullish or bearish momentum. This means a move can happen either way. My Action Plan: Based on what I’m seeing on the chart, here's my plan: Entry: Primary Buy Zone: I am going to be watching the $0.018 area closely for a potential entry. If the price bounces from this area, and I see strong bullish candles, I will likely place my entry order around $0.018 Alternative Zone: I will also be watching for a strong move through the $0.023 area. I will consider placing a trade after a successful move through this level. Stop-Loss: Tight Stop: My stop-loss will be placed below $0.017. I don’t want to risk a larger loss if the price fails to find support at the $0.018 zone. Take-Profit Targets: Short-Term Target: My initial profit target is around the $0.023 level. I will evaluate the price action to see if it will move higher. Mid-Term Target: My mid term target is going to be around $0.038 - $0.04. This is a key area of resistance in the chart, so it makes sense to target that area. My Overall Strategy: I'm currently observing the $0.018 support level for a potential entry, I will want to see a clear bounce off this zone to confirm the trend. I will be setting a stop-loss below $0.017 for risk management. I will also look to enter a position after a move through the $0.023 resistance with clear bullish momentum. I am setting a short-term profit target at $0.023 and a mid-term target at $0.038-0.04. That’s my plan – focusing on the key price action and being adaptable depending on what the market is doing.
COINBASE:XYOUSD
by Abdihalim1
Bitcoin (BTC): Possible Local Top Has Been Formed / BTC Weak!!One of the most important weeks for Bitcoin is here, the last week of 2024, where we will be closing the yearly candle and opening a new one within these 7 days. We are seeing some signs of weakness both from just liquidity outflow and the selling pressure we have (even on the ETF side, where Blackrock started to slowly sell some of their profits). Now with that being said, we are expecting as many of you know the price to correct properly, which later on would reduce the dominance of Bitcoin on the markets and money will flow into some altcoin!!. For now, the point of interest is and will be that support zone near $75K or near that zone! Swallow Team
Short
by SwallowAcademy
GBPUSD, What will happen in upcoming weeks ?Hello Traders, Happy new year in advance, I Hope you have a great year ahead with your family. let's go for GBPUSD analysis: for upcoming weeks, we'll probably see an upward correction to Specified level at first and then it will start another fall. so with a proper trigger we can open a short position. And finally tell me what do you think ? UP or DOWN ? leave your comment below this post. If this post was helpful to you, please like it and share it with your friend. THANKS.
by aminrzb
NZD/CAD Possible SellThe NZD/CAD pair remains under pressure, currently hovering near the 0.8100 level, with clear signs of continued weakness. Here’s why the bearish sentiment prevails: 1️⃣ Weak Supply Zone: The pair is struggling to hold above the supply area, signaling a lack of buying momentum. 2️⃣ Bearish Structure: The market has been forming consistent lower highs and lower lows, confirming sellers are firmly in control. 3️⃣ Momentum Favors Bears: Indicators show strong bearish momentum, with no signs of reversal or bullish divergence. 4️⃣ Fundamental Factors: NZD faces additional pressure from a risk-off market environment and CAD strength driven by oil prices and broader market stability. 💡 Trade Plan: 🟢 Take Profit 1 - 0.80378 🟢 Take Profit 2 - 0.79516 🟢 Take Profit 3 - 0.78626 🚫 Stop Loss - 0.81942 If you don't know how to trade with multiple Take Profit targets, comment below
Short
by Charts_M7M
1
CADJPY Will Collapse! SELL! My dear followers, This is my opinion on the CADJPY next move: The asset is approaching an important pivot point 109.43 Bias - Bearish Technical Indicators: Supper Trend generates a clearshort signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 108.28 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1