BTC DOMINANCE 19 MAY ALTCOIN SEASONN !!!I expect BTC dominance to break downward by May 19. I believe dominance will touch 64% and then decline. We are very close to ALTCOIN SEASON—buckle up and keep an eye on the chart!
BOOOOMMM
Candlestickanalisys
Capturing Market Moves with the Special Candle SetupOverview
The Special Candle Setup Indicator has once again proven its effectiveness in detecting high-probability candlestick formations. In this chart, a bearish pattern was identified at the top, providing an early indication of a potential downside move. This setup allowed traders to position themselves accordingly, capturing the downward trend efficiently.
How It Worked Here
🔹 Precise Bearish Signal – The indicator detected a bearish pattern at a key resistance level, signaling a potential reversal.
🔹 Well-Defined Key Levels – The automatically plotted blue support line and green resistance line provided crucial reference points for trade management.
🔹 Trend Continuation Confirmation – The setup was followed by further bearish price action, validating the accuracy of the signal.
Key Takeaways
✅ Early Signal Accuracy – The indicator highlighted the reversal before the major drop, reinforcing its reliability.
✅ Multi-Market Application – These candlestick formations are not limited to expiry days; they are observed across crypto, forex, stocks, and indices.
✅ Customizable for Different Strategies – Users can enable or disable specific pattern types (bullish/bearish or reversal setups) based on their trading style.
Why This Matters?
Price action remains one of the most powerful trading tools, and this indicator helps traders automate pattern detection while integrating dynamic support and resistance levels for added confluence.
GBPUSD Week 9 Swing Zone/LevelsLast week saw a few pinched pips and also few losses. This highlights the benefit of having a good risk to reward ratio.
Weekly zone and levels are mapped based on previous week daily high-low relationship (ie Monday HL in relation to Tuesday in relation to Wednesday HL, etc). This generates a fairly accurate levels with actual price action determining trades.
SL, stoploss is usually btw 10-15pips
TP, Takeprofit is 5-10x that, with sl moving to BE, breakeven once trade pinches +20pips.
FIL on the Rise Eyeing a Breakout to $6+Key Observations
1. Channel Formation
The price is attempting to move within an ascending channel formation.
The lower trendline acts as support, while the upper trendline serves as resistance.
2.Current Price Action
The price is approaching the upper boundary of the channel.
To confirm bullish momentum, a strong 4-hour candle close above the channel is essential.
3. Resistance and Target
A breakout above the channel indicates a bullish continuation, with the immediate target around $6+.
$5.50 might act as minor resistance before the target.
4.Support Levels
If the price fails to break out, the lower channel line (around $5.00) will serve as a critical support zone.
A break below this support could invalidate the bullish scenario.
5. Volume Confirmation
Monitor trading volume for confirmation. A breakout with high volume increases the likelihood of reaching the target.
6. Market Sentiment
Current sentiment aligns with a potential bullish breakout if external factors like Bitcoin movement or news events don’t cause significant volatility.
Strategy
Entry: Wait for a confirmed 4-hour candle close above the upper trendline with support retest.
Target: $6.00+
Stop-Loss : Below the channel’s lower boundary (e.g $4.90)
The setup looks promising, but caution is advised due to market volatility. Always use proper risk management when trading.
GBP/USD shorts to take level 1.24853With the heavy downwards price action we have been seeing on both GU and EU which directly correlates with the GU and the bullish price action of the dollar which goes against the Gu we can anticipate that Gu will continue in this downwards trend to take the last LL at price point 1.24853.
looking deeper into candle anatomy we see that Fridays price action left a strong bearish candle signifying sellers are in control. We also see that there are multiple ASL to the downside and other pools of liquidity which can be TP targets.
However, there are many demand zones we could see price push up from in the short term to collect liquidity to the upside before continuing in its overall HTF downtrend. It is also possible price could push up market open taking the ASH that lay above before melting.
Bitcoin - Fakeout? MUST WATCH !!A recent surge in the price of BTC is sparking hope for that final impulse wave UP I've been talking about. However, there's a catch - one KEY thing will need to happen in order to convince me this is not just a fakeout, aimed at liquidating shorts.
The previous BTC update was focused on two scenarios, with the GREEN showing a possibility of realizing:
Reclaiming the moving averages in the daily is a good sign - but again, we've been falling under-and-over for the last few weeks, unable to stay above the 200d MA for longer than a few days:
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BINANCE:BTCUSDT
Quarter Theory: Intraday Trading Mastery - Part 1 IntroGreetings Traders!
In today’s video, we’ll be introducing Quarter Theory Intraday Trading Mastery, a model grounded in the algorithmic nature of price delivery within the markets. We’ll explore candle anatomy and learn how to predict candle behavior on lower timeframes to capitalize on intraday trading opportunities. This model will also help us identify the optimal trading sessions and execute trades with high probability, all while effectively acting on market bias.
This video will focus primarily on the foundational content, with practical examples to follow in the next video. In the meantime, I encourage you to practice these concepts on your own to deepen your understanding.
This video is part of our ongoing High Probability Trading Zones playlist on YouTube. If you haven’t watched the previous videos in the series, I highly recommend checking them out. They provide crucial insights into identifying market bias, which Quarter Theory will help you act on effectively.
I’ll attach the links to those videos in the description below.
Premium Discount Price Delivery in Institutional Trading:
Mastering Institutional Order-Flow Price Delivery:
Quarter Theory Mastering Algorithmic Price Movements:
Mastering High Probability Trading Across All Assets:
Best Regards,
The_Architect
#Avalox Indecisive but voluminous candlestick formationThe last candlestick formed here and the upward wicks of many previous candlesticks still give important signs.
I think it is important to follow this coin in a special place.
GBPJPY still gives bearish sentiment$$$Took a short yesterday that went according my analysis. After a retracement and doing further analysis my bias is still leaning heavily towards the downside. The monthly nor has the weekly high been breach to make a new higher high. Right now, i'm looking at a rejection on the 4hr and 1hr timeframes that looks to be hitting resistance inside of a fair value gap. My intentions is to dropdown into a lower time frame and look for an entry to short the market.
The Asian and London highs has been breached absorbing liquidity in the form of buystops. After a low or high is taken price usually runs up about 20-30 pips more before making a correction or trend reversal.
Everyone have a safe and productive trading week!!!
ON Semiconductor lags its leading peer Engulfing Candle LONGON shown on a 30 minute chart- has fallen behind but is a top 50 seached on the the Zack
website. It recently trended down from a push to outside the Bollinger Bands showing extreme
buying volaility and price action than a big fade into selling volatility and a slight compression.
The TTM squeeze fired just as price fell outside the lower band. Price rose abruptly into and
over the trendline and then printed a so called" Big Ass Candle" engulfing about five
hours of price action. This is a strong buy. ON will work to catch up with MU NVDA and the
frontrunners. I will profit while it runs that race.
Apollo Hospitals - An Investment pick for the Mid Term, 50% ROI The stock has broken out decisively in Monthly Jan 2023 after 2 years of good consolidation.
The yearly time frame indicates an inside candle showing the consolidation.
The best entry zones are marked in red. One may enter based on Risk appetite.
For a target of 9653 to 10000.
AUDNZD Bearish Engulfing Candle Pattern Short We expect further downside on this pair, signalled by a huge bearish engulfing candle pattern on the H1 time frame.
Bitcoin Runs into Strong Resistance on the Weekly.Recently, INDEX:BTCUSD has been having a bit of a bull run. This is probably because most people were and are still expecting a Spot ETF to be approved. That is, according to mainstream sources.
I'm not sure whether the bull run has finished yet, however, we do have some chart statistics that show Bitcoin will probably have a pullback.
Firstly, the RSI is showing >80 on the Daily at the moment, which is very overbought. In fact, during the bull run, Bitcoin hit an RSI number of 90+ temporarily. To put that into perspective, that is the same RSI number Bitcoin hit when it had its late 2021 bull run.
RSI on the Daily
Secondly, there are two strong trend lines on the weekly chart that Bitcoin has just run into, and its clear they're strong resistance.
Weekly Chart
I have shorted KUCOIN:BTCUSDT at this level, and I'm expecting the price to go down soon. Although, I could be wrong.
Why candle closes are importantThis is an example of why candle closes are important when marking out a BOS which changed direction. Like here the low just got swept and went on to make another higher high. There is no real way to know if it is a BOS or a trap so it's best just wait and see if we get a candle close or in this case break the high. You could get a reaction on the lower timeframe but it could just be a reaction and not lead to anything.
Going To Test Resistance Google is on track to test resistance at 126.00 a share based on candle stick analysis and triple confirm indicator. Triple confirm is not reliable on its own but works great in conjunction with other indicators. MACD is barely just starting to show a slow down in decline and tomorrow could be a start of a reversal.
GBPUSD breaking below support, to head lower towards 1.22000GBPUSD
The price is breaking below the support/resistance structure, If price continue to stay below support/resistance structure I expect the price to move lower..
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BTCUSDT above support,to continue growth after retest of supportBTCUSD
The price is currently above support/resistance structure, after a pullback if price holds above the support I expect the price to move higher...
Trade Wisely
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BTCUSDT Correction development scenario of bear market terminusBTC just made a pullback to neckline of the major Head and Shoulders formation on macro. Now, the price action is abandoning the distributive structure with weak volume, due to a micro H&S.
Points of interest
We can see on this chart levels to be watch in a potential swing downward. BTC has been trading in a choppy structure, consolidating within a ending diagonal. The potential drawdown till FEB close tends to be form a monthly bearish Harami candlestick pattern, which is highly reliable on higher timeframes.
This pattern can be consider highly reliable. A Harami bearish just play out on the last weekly close (1W) and tends to be form on 1M, in which is a rare case. In bear markets, this pattern is an important reversal signal after a rally of relief, indicating an intermediary point for an 2nd and final swing leg-down. On this chart, you can see that the potential throw-over of actual consolidation (choppy structure / breakout of Harami) is in confluence w/ a expected final swing leg-down of an expanding ending diagonal.
US30 Initial Weekly Forecast Last week, US30 was technically and fundamentally driven to the downside. What I wanted to discuss here is the simple concept of a trendline. Now a lot of new traders learn to trade the brake and retest a trendline. Depending on whether they know how to trade it and read the price action correctly is the determinant. What can save you from this type of loss is understanding that even though a trendline is broken, it does not necessarily the trend is broken. What is more important than the trend line is the market structure! If price does not break the previous high or low, then is a high chance for a trader's position to be liquidated by the market. This was the exact case for US30 at the end of last week. Currently, we are presented with 2 strong bullish candles with a decent range. The probability for price action to fully retrace last week's move is pretty high. This week I will be analyzing this in addition to the dollar index and the US 10Y, and hopefully, a great setup come out of it. Key level target has also been noted. :-)
Gala usdt idea and candlestick analysisAs you see in the chart, with the increase in the shadows of the candles in the bullish or bearish trend, along with one or two candles in the opposite direction of the movement of the chart,
it's a trend change signal and a good setup to enter in the trading.
P.S. I must say that; in the long-term time frame ( usually more than 1-H ), this method of Candlestick analysis is more effective.
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Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention
Spot Crude Analysis 7-14-2022In spite of the majority of the markets getting smashed, Crude seems to be holding up pretty well. Here on the daily time frame we see a descending triangle and price is testing support for the third time. I'll be watching the candle close today to confirm a potential entry long. Potential targets to the upside would be 105, 115 and 120 (which corresponds to triangle resistance).
USDJPY (late post)This market has been in a strong uptrend and has recently broken out of an ascending triangle. Price has retested the breakout area and old resistance is now new support. I got long earlier this morning with my stop below yesterday's low.
SugarSugar has been trading within a large rising channel for almost a year. After recently testing and confirming channel support, price has rebounded and we're just about halfway up the channel. A falling window (gap down) served as resistance on the way down to support and has also temporary stalled the current rally.
Now, after a strong daily close above the falling window we are currently testing old resistance as new support. I'm now long and looking to take a small piece out of this market as price moves towards channel resistance.
