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ZILLOW, WILLOW WHEREOW THE PRICE GO? imma be honest, I'm running out of creative titles, so you get what you get. Trends labeled Price targets labeled. really neat setup on zillow here. These buy zones are marked at some major support, we have a short term trend leading to a top, and may have already hit. We have a long term support trend going in the bearish price direction. All of the above can help determine potential price movements. With RSI being overextended, the market as a whole, there is potential for quick downside right past support trend, into the zones of major price support, which will then create even stronger support, which will allow the price to keep climbing back up. I'm hesitant to predict anything before seeing where it heads into earnings (13th labeled) BUT.. IDK, something like this maybe? Essentially, I don't know how it will look, or how steep it goes, but it's good to be prepared for some potential scenarios. This chart can cover quite a few of them if you're patient and wait for the right trade. Overall, I would suggest being careful, and should the price go up before going down, it might be a better option to look for a short entry and ride the price down than jumping into a long position, especially with how this chart looks.
NASDAQ:Z
by nicktussing77
Bitcoin can reach resistance level and then rebound downHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago rebounded from the support line and made a strong upward impulse to the support level, which coincided with the buyer zone. After this, BTC in a short time broke the 60800 level, made a retest, and continued to move up to the resistance level, which coincided with the seller zone. Price even entered to seller zone, but soon turned around and declined lower the 71250 level, making a fake breakout. Also then price started to trades in the range, where firstly it broke support line and fell to the support level. Then Bitcoin rebounded from the 60800 support level and made impulse up to the seller zone, but when it reached this area, the price at once exited, making a fake breakout of the resistance level. Next, the price some time traded near the resistance level and then declined below, but a not long time ago BTC turned around and started to grow, so now it trades near the 71250 level. Now, I think that Bitcoin can reach a resistance level and then rebound down. For this case, I set my 1st Take Profit at the 65000 level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
1
Support And Resistance Lines Are Not Real: Prove Me WrongIn this video, I draw random lines on the chart to prove a point. I think we need to ask ourselves the following questions to become better traders: How will I define support and resistance consistently ? How will I use support and resistance in my trading? Do I need support and resistance in my trading? Is support and resistance a reliable measure for markets? Are the lines that I have been drawing for so long actually meaningful?
NYSE:CVSEducation
by JoeRodTrades
2
YNDX Who knew?The distribution in the range 87.11-74.93 marked the beginning of the movement! Refueling in the control zone 55.45-47.70 confirmed the continuation of movement. + in this zone, I set new levels on the distribution, in the range of 53.81-44.02. Subsequent control zones Global 35.83-26.92 and local 29.46-24.10 were breached with a squish! Sales stopped in the Global Area of Interest 18.42-11.16 Local area of interest 16.46-11.24 The purchase level of 14.59 is the result The price of the total volume is 32.08 Results: 1) The initial distribution of the asset 87.11-74.93 shows us the end point 15.77! 2) Refueling in control zones 55.45-47.70 corrects the end point 14.59! 3) The black Swan does not play a special role on the end point! He can only speed up or slow down the course of events! I personally associate this process with a car! HOW MUCH FUEL YOU FILL IN THE TANK, THAT'S HOW MUCH IT WILL LAST !!! MATH AND NO MAGIC !!!
Y
by InHoldOut
Ethereum can make small correction, and then continue to growHello traders, I want share with you my opinion about Ethereum. By observing the chart, we can see that the price a few time ago rose to the mirror line and then bounced and started to decline near this line. Firstly declined to the seller zone, which coincided with the 2480 resistance level, and in a short time broke this level, after which even rose higher than the mirror line, but later fell back to this line. Next, ETH tried to break this line again, but failed and fell lower than the 2240 support level to the buyer zone. Ethereum some time traded in this zone, after which it broke the mirror line with the support level and later started to grow inside the upward channel. In this channel, the price little rose, after which made a correction to the support level and then rebounded up to the resistance line of the channel. But a not long time ago ETH turned around and in a short time fell to the 2240 support level, where continues to trades near now. In my mind, Ethereum can fall to the support level, after which turns around and starts to move up in an upward channel. For this case, I set my target at the 2355 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
2
$TOTAL - Bitcoin Halving Sparks $10 Trillion Crypto TsunamiThe cryptocurrency market is poised to grow from $1.5 trillion to $10-12 trillion in the next two years. Key factors Bitcoin halving in 2024, Increasing institutional adoption, Rise of decentralized finance (DeFi), Integration of blockchain technology across industries, Global economic uncertainty driving demand for alternative assets, Ongoing technological advancements making cryptocurrencies more accessible. These factors collectively contribute to the positive outlook for the cryptocurrency market. CRYPTOCAP:TOTAL CRYPTOCAP:TOTAL2 BINANCE:BTCUSDT BINANCE:ETHUSDT ! Not an advice - DYOR !
CRYPTOCAP:TOTALLong
by ICFUTURE9
Analyzing Potential EUR Movements: Channel Pattern SVM OverviewD ear Esteemed TradingView Community, I trust this idea finds you well. In the intricate world of trading, where decisions are often rooted in data and analysis, I'd like to share my recent findings regarding the EURUSD market. Please note that this is not financial advice but rather a reflection of my analytical perspective. In October, my focus zeroed in on a noteworthy development in the EUR market: the emergence of a demand zone around the $1.05 level. Leveraging advanced tools like AI and Kernel SVMs, I identified this zone as pivotal support, opening the door to intriguing possibilities for both short and long positions. The demand zone, acting as a robust support, fueled a successful long trade as the price reached the projected target. However, the current scenario introduces the prospect of a short position, with potential entry points highlighted by the bottom purple line, a resistance level identified by SVMs. As we navigate the intricate dance between support and resistance, it's crucial to acknowledge the uncertainty inherent in market dynamics. The potential breakout from the resistance is not guaranteed, and the price might trace its steps back, especially if it encounters resistance at the identified purple line. In the event of a reversal, the previous long entry point (demand zone) could serve as a short target. Bearish scenarios envision the price consolidating below the resistance, possibly entering a downtrend. Yet, the journey to the demand zone may not be immediate, as additional chart patterns could manifest between the resistance and the demand zone, either reinforcing or challenging the short thesis. A significant surge in sell volume on 13-14 November raises the probability of a bearish scenario. This surge, aligned with the preceding rally, suggests a potential exit strategy for investors capitalizing on heightened market activity. The existence of a parallel resistance trendline, derived from historical peaks, adds another layer of complexity to the analysis. While indications of a breakout are not definitive, the possibility of the price returning to the rising channel between trendlines cannot be dismissed, especially considering the impact of unforeseen news events. Though technically less probable, the practice of markets often defies technical norms. In conclusion, I've marked this analysis as 'short,' considering the potential bearish patterns associated with rising channels. However, it's essential to approach these insights with a discerning eye, recognizing the dynamic nature of financial markets. Your attention to these nuances is greatly appreciated. Kind Regards, Ely
Short
by Elysian_Mind
Flow in the accumulation zone!!!The price is still in the Global accumulation zone, as soon as it leaves it beyond the level of 0.703 with consolidation, this will mean the beginning of global growth of the asset!!! The purchase levels under the "Impulse" strategy were: Global 0.413 Local 0.410 Buy zone 0.497-0.348, level 0.416 I don't see the strength yet! it is possible to return to the zones: Local 0.560-0.311 and Purchases 0.497-0.348! The price of the total volume is 0.445 - for those who do not remember, or do not know! This is the average price of the largest traded volume, and since the price is at the bottom, it is (the average price of the accumulated position at the moment) Good hunting to all!!!
by InHoldOut
2
Clean traffic downAs Gold heads down lower. We are looking for a clean range of motion to the downside. The Gold candle closed below the 1978.75 area with the candle confirming that there is more volume to the downside. Following this range. It's looking to be clean traffic going all the way down to the low of the candles bearish rejection wick at 1969.77. Price may struggle to break lower than this area but we will need another confirmation on candle close before we can verify anything to be more confident. I will be at a safe entry at the new 30m candle open at 1977.55 doing a safe scalp until 1975. The more aggressive traders can target 1970
FXOPEN:XAUUSDShort
by Trellz_