Master Silver Trading: Profitable Price Action Strategies!CAPITALCOM:SILVER @Alexgoldhunter
Price Action Analysis and Strategy
Key Levels and Zones
Support Levels:
28.500 USD: A crucial support level where the price has found buying interest before.
28.700 USD: Another significant support level indicating strong buying pressure.
Resistance Levels:
29.400 USD: A strong resistance level where the price has faced selling pressure.
30.480 USD: Another notable resistance level suggesting potential selling interest.
Break of Structure (BOS):
Multiple BOS annotations on the chart indicate significant shifts in market structure, highlighting potential areas of interest for traders.
Fibonacci Retracement Levels:
0.382 Level: 29.108248 USD
0.5 Level: 29.222 USD
0.618 Level: 29.33552 USD
0.705 Level: 29.4162 USD
0.786 Level: 29.497704 USD
Volume Analysis:
Volume spikes are visible, indicating periods of high trading activity, which can be used to confirm breakouts or reversals.
Buy Strategy
Entry Point:
Consider entering a buy position if the price breaks above the resistance level at 29.400 USD with strong volume confirmation.
Alternatively, look for a bounce from the support level at 28.500 USD with a bullish candlestick pattern and increasing volume.
Stop Loss:
Place a stop loss below the recent swing low or support level, for example, below 28.500 USD.
Take Profit:
Set take profit levels at the next resistance levels, such as 30.480 USD or use Fibonacci extension levels for further targets.
Sell Strategy
Entry Point:
Consider entering a sell position if the price breaks below the support level at 28.500 USD with strong volume confirmation.
Alternatively, look for a rejection from the resistance level at 29.400 USD with a bearish candlestick pattern and increasing volume.
Stop Loss:
Place a stop loss above the recent swing high or resistance level, for example, above 29.400 USD.
Take Profit:
Set take profit levels at the next support levels, such as 28.500 USD or use Fibonacci retracement levels for further targets.
Simple VIP Signal
ENTRY: 28.500 USD
TP1: 29.108248 USD
TP2: 29.497704 USD
SL: 28.500 USD
Conclusion
This chart shows a detailed technical analysis of Silver (XAG/USD) using price action techniques, highlighting key support and resistance levels, break of structure points, and Fibonacci retracement levels. These elements can be used to develop a buy and sell strategy based on market behavior and volume analysis.
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Beyond Technical Analysis
Unlock Hidden Profits: Expert Gold (XAU/USD) Analysis!FXOPEN:XAUUSD
Price Action Analysis and Strategy by @Alexgoldhunter
Key Levels and Structures
Break of Structure (BOS):
Multiple BOS annotations indicate significant shifts in market structure. These are key points where the price has broken previous support or resistance levels, suggesting potential trend changes.
Equal Highs:
A region marked as "Equal Highs," indicating a resistance level where the price has repeatedly failed to break above. This is a potential area to watch for a breakout or reversal.
Strong High:
A "Strong High" is marked, indicating a significant resistance level that has held firm. This is a critical level for potential sell opportunities if the price approaches it again.
Fibonacci Retracement Levels:
The chart includes Fibonacci retracement levels (0.382, 0.5, 0.618, 0.705, 0.786) from a recent high to low. These levels are used to identify potential support and resistance areas.
Indicators:
Volume:
Volume bars indicate the trading activity. Higher volume on up moves suggests strong buying interest, while higher volume on down moves suggests strong selling interest.
RSI (Relative Strength Index):
The RSI is currently at 44.81, which is below the 50 level, indicating bearish momentum but not yet in the oversold territory.
MACD (Moving Average Convergence Divergence):
The MACD line is at 1.265, the signal line is at -5.079, and the histogram is at -6.344. The MACD is below the signal line, indicating bearish momentum.
Buy Strategy:
Support Levels:
Look for buying opportunities near strong support levels, such as the recent low around 2,580.000 USD.
Watch for bullish reversal patterns (e.g., double bottom, bullish engulfing) near these levels.
Fibonacci Retracement:
Consider buying near the 0.382 (2,607.921412) or 0.5 (2,615.847) Fibonacci retracement levels if the price shows signs of reversal.
RSI and MACD:
Look for the RSI to move above 50 and the MACD to cross above the signal line for confirmation of bullish momentum.
Sell Strategy:
Resistance Levels:
Look for selling opportunities near strong resistance levels, such as the "Strong High" or "Equal Highs" around 2,640.000 USD.
Watch for bearish reversal patterns (e.g., double top, bearish engulfing) near these levels.
Fibonacci Retracement:
Consider selling near the 0.786 (2,635.056476) or 0.705 (2,629.61603) Fibonacci retracement levels if the price shows signs of reversal.
RSI and MACD:
Look for the RSI to move below 50 and the MACD to cross below the signal line for confirmation of bearish momentum.
Simple VIP Signal:
ENTRY: 2,580.000 USD
TP1: 2,607.921412 USD
TP2: 2,635.056476 USD
SL: 2,540.000 USD
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Disclaimer:
Disclaimer: Trading involves substantial risk and is not suitable for every investor. The analysis and strategies provided here are based on historical data and technical analysis techniques, which do not guarantee future performance. Before making any investment decisions, please consider your financial situation, level of experience, and risk tolerance. Always do your own research and consult with a financial advisor if necessary.
Unlock Hidden Profits: Proven WTI Crude Oil Trading StrategiesTVC:USOIL
Price Action Analysis and Strategy by @Alexgoldhunter
Key Levels and Structures
Break of Structure (BOS):
Multiple BOS annotations indicate significant shifts in market structure. These points are crucial for identifying potential trend reversals or continuations.
Change of Character (CHoCH):
CHoCH is marked at multiple points, indicating shifts in market sentiment. These points can be used to identify potential entry and exit points.
Fibonacci Retracement Levels:
The chart shows Fibonacci retracement levels at:
0.382: 69.49558 USD
0.5: 69.695 USD
0.618: 69.89442 USD
0.705: 70.01445 USD
0.786: 70.17294 USD
These levels are used to identify potential support and resistance areas.
Volume Profile:
The volume profile on the left side of the chart shows the volume traded at different price levels. High volume nodes can act as support or resistance.
Buy Strategy
Entry Point:
Look for a bullish CHoCH near a significant support level, such as the Fibonacci retracement levels or high volume nodes.
Confirm the entry with a bullish candlestick pattern (e.g., hammer, engulfing) and increased volume.
Stop Loss:
Place the stop loss below the recent swing low or a significant support level to minimize risk.
Take Profit:
Set the take profit at the next resistance level or Fibonacci retracement level. Partial profits can be taken at intermediate levels.
Sell Strategy
Entry Point:
Look for a bearish CHoCH near a significant resistance level, such as the Fibonacci retracement levels or high volume nodes.
Confirm the entry with a bearish candlestick pattern (e.g., shooting star, engulfing) and increased volume.
Stop Loss:
Place the stop loss above the recent swing high or a significant resistance level to minimize risk.
Take Profit:
Set the take profit at the next support level or Fibonacci retracement level. Partial profits can be taken at intermediate levels.
Simple VIP Signal
entry: 68.500 usd
tp1: 69.49558 usd
tp2: 70.17294 usd
sl: 67.500 usd
Follow @Alexgoldhunter for more strategic ideas and minds
Disclaimer
Disclaimer: Trading involves substantial risk and is not suitable for every investor. The analysis and strategies provided here are based on historical data and technical analysis techniques, which do not guarantee future performance. Before making any investment decisions, please consider your financial situation, level of experience, and risk tolerance. Always do your own research and consult with a financial advisor if necessary.
AVGO Broadcom Options Ahead of EarningsIf you haven`t bought the dip on AVGO:
Now analyzing the options chain and the chart patterns of AVGO Broadcom prior to the earnings report this week,
I would consider purchasing the 175usd strike price Calls with
an expiration date of 2025-2-21,
for a premium of approximately $12.00.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
MITK Mitek Systems Options Ahead of EarningsAnalyzing the options chain and the chart patterns of MITK Mitek Systems prior to the earnings report this week,
I would consider purchasing the 12.50usd strike price Calls with
an expiration date of 2025-4-17,
for a premium of approximately $0.48.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BTC.D Getting Rejected at the Trend Line Gives ALTS Hope After the Trump Pump delivered massive gains on a lot of coins since election day, it's not surprising to see some huge retracements. In fact the vast majority of ALTS have given back more than 40% with many in the 50% - 60% range. That capitulation means opportunities are coming. The question is whether or not we will get a legit Alt Season or if the Trump Pump was it.
Due to institutional demand and the ever changing dynamics in the crypto market we may not see BTC.D fall to the 40% - 45% levels, but failure to reclaim the 60% range after a rejection from the trend line may be an indication that we could get another crack at a legit Alt Season.
Keeping an eye on BTC.D and a select group of Alts to see how things develop from here.
ETHEthereum (ETH) Weekly Chart Analysis – Cup & Handle and Inverse Head & Shoulders
Overview of Current Setup:
Upon reviewing Ethereum’s weekly chart, a classic cup and handle formation is evident, with a confirmed breakout already in progress. The current price action suggests a potential backtest of the breakout zone, reinforcing the integrity of this pattern. Simultaneously, within this backtest, an inverse head and shoulders pattern is emerging – another bullish signal indicating that Ethereum could see further upside in the coming months.
Pattern Breakdown:
• Cup and Handle Formation:
• This is a bullish continuation pattern that often signals the resumption of a strong uptrend after a period of consolidation.
• The initial breakout suggests strong buying momentum, but as is common, the price is retracing to retest the breakout zone, essentially validating the strength of the move.
• Inverse Head and Shoulders (H&S):
• This pattern typically forms after a downtrend or corrective phase and often marks a reversal point.
• The presence of this pattern within the backtest area adds confluence to the bullish outlook.
Profit Targets:
Given the alignment of these two patterns, the upside potential for Ethereum is significant.
Here’s how the targets shape up:
• Primary Target Range: $5600 - $6000
• This range represents a conservative measure of the breakout from the cup and handle, projected by mirroring the depth of the cup.
• Extended Target: $6500 - $7000 (by mid-2025)
• If momentum accelerates and bullish conditions persist, ETH could stretch towards this level as a secondary target.
Stop Loss Strategy:
• Key Level: Below $2800
• This represents a critical invalidation point. If Ethereum dips below this level, it would likely indicate a breakdown of the patterns mentioned, signaling potential further downside.
• Since this is a weekly chart, patience is key. Short-term fluctuations and liquidation dips are common, so avoid overreacting to minor price movements.
Timeframe & Approach:
• Time Horizon: Weekly chart patterns generally take longer to develop and fully play out. This projection anticipates growth and price appreciation into mid-2025.
• Mindset: This is a longer-term analysis. Avoid emotional trading or reacting impulsively to short-term volatility. Ethereum’s price action may involve consolidation, retracements, and temporary corrections along the way – all part of the process.
Summary:
Ethereum’s weekly chart shows compelling bullish signals through both a cup and handle pattern and an inverse head and shoulders formation. This confluence increases the likelihood of further upside. With profit targets in the $5600-$6000 range, and extended targets as high as $7000 by mid-2025, Ethereum presents a promising opportunity for patient traders. A stop loss below $2800 ensures risk management while allowing room for price action to develop naturally. (ChatGPT made me do it lol)
You see head and shoulders breakdown, I see quick $$Algo vs. head and shoulders smackdown -- who's gonna win? (said in my most bobastic sounding voice) To be honest, both COULD be right. I can win short term and the breakdown could be real.
Uptrend line from the May low is still intact and I always listen to my algo on the miners because the wins are usually fat compared to others, plus it has already corrected 40% and Bitcoin hasn't. While the miners are always leveraged plays on bitcoin in both directions, 40% seems extreme to me.
I traded it during the March-May 50% correction and made money then, so entering after a 40% drop already happened makes this a much higher probability trade. I may cut it loose early if I can get a big win before the end of the day on Monday, though.
Per my usual strategy, as long as the position is open, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
Just Another Shakeout: Bitcoin Is Already Recovering —Happy 2026A shakeout? A major drop? A correction? A three days long correction?
Bitcoin is already recovering...
I looked at the 1H chart and Bitcoin looks great.
I am seeing Bitcoin's price right now and the price is great. $97,000 is really strong.
I am seeing today's low at around $92,000 and this is also awesome, because it is a higher low compared to the shakeout that happened in December 5th.
So all is good.
Everything looks great.
In a previous idea I mentioned $100,000 on the daily timeframe. This level is obviously gone but it isn't far away.
I mentioned $90,000 weekly. This level is holding strong and it hasn't been tested yet, a signal of strength. $90,000 here matches EMA55 on the daily timeframe.
Bitcoin is ultra-bullish above $90,000.
The last level mentioned was $80,000 which would be relevant on the monthly timeframe. Seeing how Bitcoin is behaving now, this level isn't likely to be tested.
I think the whales are already satisfied with the billions upon billions they collected in profits. If the whales are satisfied, this means we can start the next phase. The next phase is up, it is a continuation of a long-term developing bullish wave.
But it doesn't move overnight. Bitcoin won't move overnight, it takes time to grow. We are looking at two months, late February, for maximum speed and maximum growth. But we can experience some high, some sideways, some consolidation while the Altcoins grow. Every now and then, a strong shakeout and this happens when the whales decide to get paid.
The good news is that the whales don't take profit very often, so the market can grow long-term.
Notice the shakeout, notice the swing, the volatility but notice how Bitcoin continues hyper-strong.
It doesn't matter what happens, we are going up.
Bitcoin is going up.
The Altcoins are going up.
This is only the start...
We are looking at the beginning of the 2025 bull-market, the end of 2024.
If you did good in the previous wave, congratulations, it is not the end, there will be more.
If you did poorly, stay strong. There is another opportunity right around the corner. Analyze your actions, review your mistakes; make sure to make it right on the next bullish wave.
Did you fail to take profits when prices were up?
Don't beat yourself, it is the same mistake we all make as we gain experience, it is part of the game.
Did you buy too late and are now holding a position in the red? No worries, patience is key, the market will soon be green again.
Did you use too much leverage and ended up buying in late November rather than August and weren't ready for the strong shakeout the market just experienced? Timing is of the essence... Take the loss and move on.
Switch from leverage to spot.
Reduce leverage.
A new opportunity develops and we can only lose if we give up.
You can only lose if you quit the game.
If you take the time to study, focus and prepare; you can earn huge profits in the 2025 bull-market.
Thank you for reading.
Namaste.
It Will Recover Faster Than ExpectedThe Altcoins are great now and the market will resume growing for sure; it will recover much faster than expected.
There is something enticing about buying when the market is going up. There is something that pulls us to buy more and more when prices are high up and moving further up. But the problem with buying when the market is already up is that it can turn red the next day. What about buying when the market is down? What about buying when the market is red?
There is something that pushes away from the market when it is trading near support. Something feels off and we don't want to look at it but that is the best time to buy-up, buy-in, rebuy and reload.
The best time is now focused on all terms. Short-term, mid-term and long-term.
Did you buy when prices were moving up, out of an impulse? Yes, it grows but it doesn't grow enough for us to sell.
Buying when the market is down, near support, opens the door for great profits on the way up.
The best time to buy is when prices are low.
The best time to buy is when prices are red.
Whatever strategy you are using, the time is now. See the Altcoins market, which one is your favorite pair?
They will start within days, weeks or months; it can be a few days or it can be more; but the Altcoins market is going up. Since it is going to grow, it is wise to buy when prices are low.
This is a friendly reminder.
I am wishing you the best.
Thanks a lot for your continued support.
Thank you for reading.
Your time and energy is appreciated.
Namaste.
Two Months: Basic Trading Strategy (2025 Bull-Market)Is two months a long time? Just two months and the market will be booming again... This is great.
Good evening my fellow Cryptocurrency trader, the market is preparing itself to show us something great.
The next bullish wave is not already here but it is in the making. It will take two months.
We get the correction low followed by one last shakeout, which can end as a lower low for some pairs or a higher low for some others, and then we see growth.
The drop is already in.
The correction is already in but it takes time for the next bull-market wave to unravel. It can take two months.
This is great because it gives us time to prepare.
We have enough time to make the right choices and prepare a plan.
We have a preview with the previous bullish wave. We can analyze what we did right and what we did wrong so that we can do better in the next phase.
We get a new low and some consolidation, then prices start to grow. At first, this growth seems slow but surely after two months everything speeds up. Some pairs will be breaking up strong while some others will remain at the bottom, when three months are in, after reading this, we can see marketwide bullish action.
The upsurge starts but it can take weeks and sometimes months to reach the last high for those that produced a strong correction. After the last high is hit, a new bullish marketwide bullish phase starts.
Everything will grow but not everything will grow.
Everything is growing but not everything is growing.
The market is growing but choosing wisely is the most important decision we have to make. Both choosing and the right mindset.
You can choose a pair that is going to grow 800% but it does so after 8 months. Imagine holding the pair for 6 months and then giving up. The choice was right but the mindset was wrong. This can happen.
To avoid this type of situation we plan long-term and use diversification. Instead of putting 100% into a single pair we do 5% on 20 different pairs, or 10% on 10 different pairs.
10% of the whole capital can go for high risk trading, while 70% can go for long-term hold spot. The remaining 20% can be "cash" for in-the-moment opportunities... Just some examples, remember, we have to adapt to our lifestyle and goals.
How I approach the market and what works for me might not work for you.
We cannot jump in blank, we have to know what we want to get from the market before-hand.
Even just thinking of how long are you ready to wait can make a difference vs going in blindly because we see strong growth on a pair.
Set it and forget.
Think of the previous bullish wave.
Those that earned the most were those that bought in August and September 2024. Those buying in November and December, some earned just a little and some even ended with a loss.
Patience is key.
Timing is important.
Thanks a lot for your continued support.
Namaste.
S&P 500 Daily Chart Analysis For Week of Dec 20, 2024Technical Analysis and Outlook:
During this week's trading, the S&P 500 index exhibited considerable volatility after reaching our critical support level of Mean Support 5870. Subsequently, it demonstrated a robust upward recovery. This development is anticipated to facilitate the impending phase of the renewed interim rebound, with the objective of retesting the Key Resistance level at 6090, thereby paving the way for continuing the bullish trend. However, it is crucial to recognize that a retest of the Mean Support 5870 remains a great possibility.
EUR/USD Daily Chart Analysis For Week of Dec 20, 2024Technical Analysis and Outlook:
The Eurodollar exhibited a bearish trend during the initial part of the week; however, it subsequently demonstrated a significant recovery by retesting the completed Outer Currency Dip at 1.035. This renewed interim rebound is poised to drive the Eurodollar toward the Mean Resistance level of 1.051. However, it is crucial to recognize that a retest of the completed Outer Currency Dip at 1.035 remains plausible.
Price Action Insights: Why Structure MattersPatterns tell you what. Price tells you why. 🎯
Here’s a clean example of price structure:
Lower Highs and Lower Lows signaling potential continuation.
A tighter consolidation shows indecision, often preceding a breakout.
What I’ve found is that hand-drawing these moves deepens your focus, slows you down, and builds your trader intuition. It’s not about finding shortcuts—it’s about understanding the story behind price.
What’s your take? Do you focus on structure like this in your trading? Let’s discuss!
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Dec20, 2024Technical Analysis and Outlook:
Bitcoin's spectacular pullback to Mean Sup 91800 is noted. We anticipate a rebound to the upside, targeting the key Resistance level of 106000. Nevertheless, it is essential to acknowledge that a retest of the Mean Support level 91800 remains a plausible scenario.
Thank You, TradingView Community!I want to take a moment to express my heartfelt gratitude to everyone in this incredible community. The opportunity to share my Technical Analysis (TA) and connect with so many of you has been an amazing journey.
I’m truly humbled by the kindness and appreciation I’ve received. Many of you who have achieved significant wins have even sent me thoughtful gifts as a token of thanks, while others who are still on the path to recovery have reached out to share their gratitude as well. Your support means more to me than words can express and motivates me to keep contributing and improving in the coming year.
Whether you’re celebrating victories or working toward a brighter trading future, I’m here to support you every step of the way. Let’s make 2025 a year filled with growth, learning, and success!
Thank you for being part of this journey and for allowing me to share my passion with you.
Cheers to a bright future ahead!
See you next year!
Long IREN - because Christmas is almost here.Uptrend is still intact and my algo says "buy" so that's what I'm gonna do. It hasn't let me down yet with IREN.
Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
Buy Signal for VIRTUAL/USDT📈 Buy Signal for VIRTUAL/USDT
✅ Suggestion: This asset is expected to set a new daily high soon. You can buy now to capitalize on this opportunity. 🚀
💰 Profit Potential: A great chance to earn a solid return on this trade.
💬 For further signal management and access to more opportunities:
1️⃣ Follow my TradingView page 📊
2️⃣ Send me a private message for personalized guidance.
💎 Let’s profit together from this bullish move! 💰
NAS100USD: Targeting Low-Resistance Liquidity ZonesGreetings Traders!
In today’s analysis of NAS100USD, we observe a recent bullish shift in price action, presenting opportunities to capitalize on buying setups. Wednesday’s volatile move to the downside, triggered by the FOMC announcement, created a liquidity void—an inefficiency in price delivery where only sell-side action was present. The market tends to revisit these zones to rebalance, making them key areas of interest.
This liquidity void also qualifies as a low-resistance liquidity zone, where minimal obstacles exist to impede price movement. Consequently, we aim to target price progression through this zone until reaching the high-resistance liquidity zone, the last area where significant price resistance occurred.
Key Observations:
Institutional Perspective: Price moved from a discount zone, where institutions order-paired against sell stops, indicating they are now running their trades toward fair value.
Fair Value Areas: Liquidity voids and fair value gaps are prime zones for institutions to scale out of their positions, making them strategic targets for our trades.
Trading Strategy:
We will look for confirmation to align with bullish institutional order flow and target the liquidity void as a fair value zone. The FOMC-induced displacement provides a clear inefficiency that institutions are likely to use to balance their positions.
Let’s analyze the price action carefully and adapt as the market develops. Share your thoughts or questions in the comments, and let’s navigate the markets together!
Kind Regards,
The Architect
BTC short prediction!So as of late all major altcoins making their moves including Xrp. Historically whenever xrp rallies BTC crashes as a result. As you can see from the chart we may correct soon or crash. Remember the time traders went crazy when Btc approaching $20k, we were very close but didn't quite reached 20k then crashed towards EUROTLX:4K levels. For sure it feels similar 100k euphoria comes out of thin air and all of a sudden everybody bullish buying coins right and left. It is right time to be very careful! I will update this chart as we move along!