For NVDA holders; NVDA has been in a strong downtrend, forming a series of lower highs and lower lows.
The price recently tested a key demand zone (114.49 - 117.07), showing signs of a possible reversal.
Breaking the supply zone (120.02 - 124.79) would be a bullish confirmation.
A breakout above 127.87 ( last swing High) would further confirm that the downtrend is over and a new impulsive move is beginning.
The price is challenging the downtrend line at the moment, and a strong breakout could trigger a strong rally.
✅ Bullish Signs to watch:
Break above 120 = Confirmation of strength
Break above 124.79 = Bullish breakout
Break above 127.87 = Strong confirmation for trend reversal
🚨 Bearish Signs:
Rejection at 120 or 124.79 could lead to further downside.
A drop below 114 would invalidate the bullish thesis.
"Amateurs focus on how much money they can make. Professionals focus on how much they can lose." – Jack Schwager
🚨 Disclaimer: This is not financial advice. Always do your own research and manage risk accordingly. 🚨
The price recently tested a key demand zone (114.49 - 117.07), showing signs of a possible reversal.
Breaking the supply zone (120.02 - 124.79) would be a bullish confirmation.
A breakout above 127.87 ( last swing High) would further confirm that the downtrend is over and a new impulsive move is beginning.
The price is challenging the downtrend line at the moment, and a strong breakout could trigger a strong rally.
✅ Bullish Signs to watch:
Break above 120 = Confirmation of strength
Break above 124.79 = Bullish breakout
Break above 127.87 = Strong confirmation for trend reversal
🚨 Bearish Signs:
Rejection at 120 or 124.79 could lead to further downside.
A drop below 114 would invalidate the bullish thesis.
"Amateurs focus on how much money they can make. Professionals focus on how much they can lose." – Jack Schwager
🚨 Disclaimer: This is not financial advice. Always do your own research and manage risk accordingly. 🚨
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.