🔹 ZenAlgo - Q: Next-Level QQE Oscillator Unlock the power of QQE like never before! 🚀 ZenAlgo - Q refines the classic Quantitative Qualitative Estimation method with advanced visualization and enhanced interpretation. Perfect for spotting momentum shifts and divergence patterns, helping you stay ahead of the market. Trade smarter, not harder! 📈🔥
✅ The cup is nicely rounded - a sign of bullish accumulation. ✅ Neckline around 0.5561-0.6119 (V-WVWAP) - price is hitting resistance here. ✅ Volume is increasing during the breakout attempt - which is a positive signal. ✅ Possible "eye" - price may correct back to support before further growth. Targets: 🔹 Cup height measurement: Bottom around 0.3194, neckline 0.5561, gap ~0.2367. 🔹 Target level: 0.5561 + 0.2367 = ~0.7928 (possible bull target on patterning confirmation). 🔹 Fib levels may help - I see first resistance around 0.6176. How to play it? 📌 Ideal entry: after a pullback to neckline (retest) or during a confirmed breakout with volume. 📌 Stop-loss: Below the last low of the neckline or below the neckline if it becomes support. 📌 Confirmation. Overall, the pattern looks very bullish, but the reaction to 0.5561-0.6119 will be important. If it fails there, the ears may go lower.
$TRUMP Fundamental Overview of TRUMP/USDT: Official Trump Coin (TRUMP) has gained attention due to its association with former President Donald Trump. With a current price of $11.86 and a market capitalization of approximately $2.37 billion, TRUMP ranks among the notable digital assets in the market. (coinmarketcap.com) Its popularity and volatility attract both investors and traders seeking new opportunities. Technical Analysis: We see that TRUMP coin is currently trading within a descending channel, respecting two trendlines that form a falling wedge pattern. If the downward momentum persists, we expect the price to drop into the $4.5-$5.0 range, where we anticipate strong buying pressure to emerge. Key VWAP levels, highlighted with green circles, act as price magnets, making them crucial points of interest for a potential reversal. Additionally, Fibonacci retracement levels indicate significant resistance around $21.15 (0.618 Fib) and $24.22 (0.786 Fib), which could serve as key breakout targets if the price initiates an upward move. If the price successfully reclaims these resistance levels, a bullish scenario could unfold, potentially targeting $30+ in the mid-term. However, failure to hold support around $4.5-$5.0 could lead to further downside exploration.
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Bittensor is a decentralized network that merges blockchain technology with AI, enabling a peer-to-peer marketplace for machine learning models. Launched in 2021, TAO has quickly gained traction for its innovative approach. The project operates with a capped supply, ensuring transparency and fair distribution of rewards. As of now, TAO trades at approximately $319, with a market capitalization of $4.09 billion and a circulating supply of 7.38 million tokens.
Bittensor ($TAO) is currently trading within a downward channel. Before any potential upward movement, a retest of the $300 level is likely. Once the price reclaims the range, the next target stands at $420, where an unchecked VWAP awaits. The following key technical level is positioned at $520.
On the bottom of chart you see super Q indicator from ZenAlgo.
Description ZenAlgo - Q is an oscillator based on the QQE (Quantitative Qualitative Estimation) method. This version incorporates refinements for additional visualization and interpretation options. It is designed to help traders observe momentum changes and divergence patterns in price movements.
This analysis was conducted using advanced tools from https://zenalgo.io/?love=stokpa.
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🚀Trading on TradingView? Looking for the best indicators to boost your strategy?🔥 🔹ZenAlgo – advanced tools powered by volume, MA, EMA, RSI & more! 🔹Multi-exchange data, precise signals📊 🔹Support in EN & CZ, awesome Discord community! 👉Try ZenAlgo: https://zenalgo.io/?love=stokpa
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