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Origin Trail Road Map .. early spring or 6 more weeks of winterOn the chart I have defined major formations, trend lines, reactive centerlines, and have lined out two potential road maps back to the top of the mega-phoning upward channel. In one scenario, with BTC looking ready to topple against alts on the BTC vs ALTS chart over the next few weeks (we will see by December) and Trac having just broken a 6 month long downtrend to the upside on strong volume, it could climb back above the daily 250 EMA, and return to the top of the channel from here...... but... there is a similar triple bottom formation that formed on this chart at the bottom of the big leg down of the bear market, and then a large move up with retrace, that lead to an accumulation period before breaking the daily 250 EMA to the upside and rocketing to $1.55.. so there is a scenario on this chart that fits the pattern where.. TRAC could move a little lower and visit the lower long term support before this next leg up. Having said that, it is not necessary for that pattern to repeat.. just something to point out I thought. An alternative scenario. Previous ATH was just a little over $6, and a target of $6 at the top of the channel lines up nicely with the rest of the pattern.
COINBASE:TRACUSDLong
by stephensnuby
1
SOL AI - TodayInvestment Thesis As a trader specializing in intraday scalping strategies for Solana (SOL), the current market conditions suggest a cautious yet optimistic approach. The price of SOLUSDT is currently at $174.9300, with significant trading volume indicating strong interest. The bullish sentiment among traders, particularly in the short-term intervals, supports the idea of holding long positions. However, it is essential to monitor key resistance levels and potential market corrections closely. Data Analysis Market Participation Data Open Interest: Recently increasing, suggesting that traders are anticipating further price movements. Weighted Funding Rate: Remains positive, indicating that long positions are favored. Liquidation Levels: Being monitored closely, as significant liquidations could trigger volatility. Analysis: The rising open interest and positive funding rate support the bullish sentiment in the market. However, vigilant monitoring of liquidation levels is essential to mitigate risks associated with sudden price swings. Trading Volume Data Trading Volume: 719,516,150 over the last 24 hours, indicating strong market activity. Market Sentiment: Leaning towards bullish, with experts predicting short-term upward movements. Expert Consultations: TradingView Experts: Predict potential price targets around $180. CoinMarketCap Analysts: Emphasize the importance of monitoring key support and resistance levels. Analysis: The consensus among experts emphasizes monitoring key resistance and support levels and considering long positions as SOL approaches these levels. Circulating Supply and Market Cap Circulating Supply: 350 million SOL. Market Capitalization: Approximately $61 billion. 24-Hour Trading Volume: $1 million, indicating robust trading activity. Analysis: The substantial trading volume and stable circulating supply support the bullish outlook for SOL, as increased trading often correlates with price movements. Sentiment Analysis Sentiment Score: 65%, indicating moderately positive sentiment towards Solana. Top Crypto Sentiments: "Bullish" and "Buy". Implications: While the sentiment is generally positive, it is moderate, suggesting room for growth but also highlighting the need for caution due to potential shifts in trader sentiment. Technical Analysis Short-Term Indicators RSI: 44-46, suggesting a neutral to slightly bearish sentiment. Stochastic Indicators: Hint at potential upward movement, but caution is advised as the price approaches resistance levels. Medium-Term Indicators RSI: 48, indicating a neutral stance. CCI: Negative, suggesting potential weakness. Price Position: Near the VWAP, indicating possible consolidation. Long-Term Indicators RSI: 61, indicating a bullish trend but approaching overbought territory. MACD: Shows positive divergence, suggesting potential upward movement. Price Position: Below the EMA20, indicating a resistance level. Support and Resistance Levels Support: $173.1800 and $171.4200. Resistance: $176.6300. Analysis: The RSI indicates room for upward movement without being overbought. The bullish MACD crossover aligns with positive momentum, but price below EMA20 suggests resistance. Monitoring support and resistance levels is crucial for making informed trading decisions. Top BTC Pairs Performance Strong Performance: BTC/ETH, BTC/LTC, BTC/XRP Weak Performance: BTC/DOGE, BTC/SHIB, BTC/ADA Analysis: Strong performance in major pairs like BTC/ETH, BTC/LTC, and BTC/XRP indicates robust liquidity and market interest. Conversely, weaker performance in smaller pairs such as BTC/DOGE, BTC/SHIB, and BTC/ADA suggests limited momentum in those areas. Summary The current market conditions for Solana (SOL) indicate a bullish trend supported by increasing trading volume, positive sentiment, and strong market interest. Technical indicators across multiple timeframes suggest potential upward momentum, with key resistance levels at $176.6300 and support levels at $173.1800 and $171.4200. The significant trading volume and positive sentiment from both analysts and retail investors reinforce the potential for short-term gains through intraday scalping strategies. However, caution is advised due to overbought conditions indicated by the RSI and strong resistance levels, which could lead to a pullback or consolidation. Trade Recommendation Outcome: HOLD_BUY Confidence Level: 85% Current Price: $174.9300 Stop Loss: $172 Take Profit: $180 Exit Point: $177 Entry Signal Criteria RSI: Above 50 indicates potential upward movement. MACD: Bullish crossover. Price Position: Above MA20 suggests continuation of the trend. Current Indicators: RSI: 49.7300 MACD: Bullish crossover MA20: $71,500 Action Plan Monitor the Price Closely: If Price Approaches Resistance Levels: Action: Hold long positions and monitor for any signs of reversal. Adjust Stop Loss: Tighten the STOP_LOSS to $172 as the price approaches resistance levels to minimize potential losses. Take Profit Strategy: As Price Approaches $180: Action: Consider taking profits. Adjust Exit Point: Move the EXIT_POINT to $177 to secure profits. Risk Management: Set Stop Loss at $172 to limit potential losses. Take Profit at $180 to capitalize on expected price movement. Exit Point at $177 as an intermediate target. Be Prepared to Act: If RSI Falls Below 50: Action: Indicate a potential reversal; consider taking profits or adjusting positions accordingly. Monitor Market Sentiment: Stay informed about any changes in market sentiment or technical signals that could impact the trade outcome. Assumptions/Limitations This analysis is based on current market conditions and available data. Rapid market changes may affect the accuracy of predictions. Always consider personal risk tolerance and market volatility when trading.
Long
by titankarma
Closing my Selling order / #89 Profits rowAs discussed throughout my morning's commentary: "My position: I have closed my yesterday's session Buying order #2,772.80 and closed on #2,786.80 and re-Sold on #2,785.80 towards #2,774.80 which brought excellent #25-point Profit within the session. I will continue Buying #2,772.80 Low's for now and as my Profit is excellent, I will not assume more Selling orders / only if #2,770.80 break-out is delivered which is major re-Sell signal. " I have closed my Selling order (#2,770.80 - #2,752.80) on a fine #18-point Profit extending my results rage to #89 Profits row and #19 Stop-loss hits regarding January - October cycle. Indeed Selling sequence lasted more however due Bull Medium-term, I did decided to close my order earlier that expected. Regardless, I have closed also my both Medium-term Buying orders on #2,790.80 which I will announce in my morning's commentary. Congratulations on Profits!
TVC:GOLDShort
by goldenBear88
A huge Cup with a handle on Bitcoin after 3 yearsFor those who understand the cycle, it's no surprise. For those who are not there yet, this is a very strong pattern, and considering Bitcoin will move to new highs this is a powerful indication of the bullish continuation. It took 1085 Days to do it! (3 years without 10 days). The tip of the last bull run initiated it and if you don't know what that means, you should join my Discord, YouTube, and Substack. Buckle up, fill your bags, and enjoy the last year of this bull run! It's NFA and DYOR
Long
by estimyth
1
USOIL Will Move Lower! Short! Here is our detailed technical review for USOIL. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 69.00. Considering the today's price action, probabilities will be high to see a movement to 65.47. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
TVC:USOILShort
by SignalProvider
1
USDCHF_102 2024.10.31 11:38:05 Trading Signal SELLFrankPro Signal for USDCHF_102 Type: Screen Signal: SELL TP: 0.86275 SL: 0.86667 Entry Price: 0.86618 Analysis for USDCHF Forecast Overall(Short-Term, Long-Term): ST= Undecided LT= Strong Down Forecast Methods(Short-Term, Long-Term): ST=Same LT=Down ST=Up LT=Down ST=Down LT=Down Analysis Method(0) Based on the provided analysis, here is my assessment of the expected price movement for the USD/CHF currency pair: **Short-term (next 24-48 hours):** * The indicative opening price of 0.8650 suggests stability, but the thin liquidity on Monday mornings and geopolitical tensions could lead to increased volatility. * The technical analysis video emphasizes caution and monitoring key levels, which implies that the price movement might be uncertain or range-bound in the short term. * The forecast for the week suggests a continuation of the downward trend, but this might not necessarily manifest in the next 24-48 hours. Expected price movement in the short term: **STAY THE SAME** (range-bound or minimal movement) **Long-term (next week or beyond):** * The forecast for the week suggests a continuation of the downward trend, which implies that the price is expected to go down. * The technical analysis video and the forecast section both indicate a potential downward movement, which supports this assessment. * The broader market conditions, such as central banks' actions and geopolitical tensions, could also contribute to a downward trend. Expected price movement in the long term: **GO DOWN** ( continuation of the downward trend) Please note that these assessments are based on the provided analysis and should not be considered as investment advice. Market conditions can change rapidly, and other factors not mentioned in the analysis could influence the price movement. Result: ST=Same LT=Down Analysis Method(1) Based on the provided analysis, here are my conclusions for the USD/CHF pair: **Short-term Analysis (next few days):** The price is expected to **go up**. The pair is in an uptrend, and technical analysis suggests that it will continue higher, targeting levels such as 0.8680 and potentially 0.8750. The intraday bias is also on the upside, with a target of 0.8698. However, there is a risk of a pullback to fill a chart gap, potentially correcting down to 0.8574. **Long-term Analysis (weeks/months):** The price is expected to **stay the same** or potentially **go down**. Despite the strong recovery over recent weeks, the longer-term trend for USD/CHF is still considered bearish as long as the 0.9243 resistance holds. A firm break of 0.8332 could resume the larger downtrend from 1.0146 (2022 high). Please note that these conclusions are based on the provided analysis and are subject to change as new data becomes available. Result: ST=Up LT=Down Analysis Method(2) Based on the provided analysis, here is my assessment of the expected price movement for the USD/CHF pair: **Short-term analysis (next few days):** The technical analysis suggests a potential bullish correction, testing the resistance level near 0.8745. However, this is expected to be followed by a downward rebound, continuing the fall. The moving averages indicate a bearish trend, and the RSI supports the decline scenario. Therefore, in the short term, I expect the price to **go down** after a brief attempt to correct upwards. **Long-term analysis (weeks/months):** The fundamental overview mentions the influence of safe-haven demand on the Swiss Franc, which could continue to impact the USD/CHF pair. Additionally, the potential for gradual interest rate cuts by the Federal Reserve could also affect the pair. However, the technical analysis suggests a bearish trend, with a potential breakout of the lower border of the "Triangle" pattern. Considering these factors, I expect the price to **go down** in the long term, potentially targeting levels below 0.7985. In summary: * Short-term: **Go down** (after a brief correction) * Long-term: **Go down** (targeting levels below 0.7985) Result: ST=Down LT=Down
Short
by frankiepro
Hellena | Oil (4H): Short to support area at 67 (Wave "3").Dear colleagues, I believe that at the moment we have a great opportunity to find an entry into a short position that will bring us many pips. The fact is that the wave “2” of the middle order is completed, which means that the wave “3” of the higher order continues the downward movement in the wave “3” of the middle order. I expect the price to rise a bit more to the 78 level, then I expect the price to drop to the 67 level. It will not be a quick drop, but we will be able to go short several times. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
PEPPERSTONE:SPOTCRUDEShort
by Hellena_Trade
25
USDCHF_106 2024.10.31 11:19:05 Trading Signal SELLFrankPro Signal for USDCHF_106 Type: Screen Signal: SELL TP: 0.864115 SL: 0.86659 Entry Price: 0.86614 Analysis for USDCHF Forecast Overall(Short-Term, Long-Term): ST= Undecided LT= Strong Down Forecast Methods(Short-Term, Long-Term): ST=Same LT=Down ST=Up LT=Down ST=Down LT=Down Analysis Method(0) Based on the provided analysis, here is my assessment of the expected price movement for the USD/CHF currency pair: **Short-term (next 24-48 hours):** * The indicative opening price of 0.8650 suggests stability, but the thin liquidity on Monday mornings and geopolitical tensions could lead to increased volatility. * The technical analysis video emphasizes caution and monitoring key levels, which implies that the price movement might be uncertain or range-bound in the short term. * The forecast for the week suggests a continuation of the downward trend, but this might not necessarily manifest in the next 24-48 hours. Expected price movement in the short term: **STAY THE SAME** (range-bound or minimal movement) **Long-term (next week or beyond):** * The forecast for the week suggests a continuation of the downward trend, which implies that the price is expected to go down. * The technical analysis video and the forecast section both indicate a potential downward movement, which supports this assessment. * The broader market conditions, such as central banks' actions and geopolitical tensions, could also contribute to a downward trend. Expected price movement in the long term: **GO DOWN** ( continuation of the downward trend) Please note that these assessments are based on the provided analysis and should not be considered as investment advice. Market conditions can change rapidly, and other factors not mentioned in the analysis could influence the price movement. Result: ST=Same LT=Down Analysis Method(1) Based on the provided analysis, here are my conclusions for the USD/CHF pair: **Short-term Analysis (next few days):** The price is expected to **go up**. The pair is in an uptrend, and technical analysis suggests that it will continue higher, targeting levels such as 0.8680 and potentially 0.8750. The intraday bias is also on the upside, with a target of 0.8698. However, there is a risk of a pullback to fill a chart gap, potentially correcting down to 0.8574. **Long-term Analysis (weeks/months):** The price is expected to **stay the same** or potentially **go down**. Despite the strong recovery over recent weeks, the longer-term trend for USD/CHF is still considered bearish as long as the 0.9243 resistance holds. A firm break of 0.8332 could resume the larger downtrend from 1.0146 (2022 high). Please note that these conclusions are based on the provided analysis and are subject to change as new data becomes available. Result: ST=Up LT=Down Analysis Method(2) Based on the provided analysis, here is my assessment of the expected price movement for the USD/CHF pair: **Short-term analysis (next few days):** The technical analysis suggests a potential bullish correction, testing the resistance level near 0.8745. However, this is expected to be followed by a downward rebound, continuing the fall. The moving averages indicate a bearish trend, and the RSI supports the decline scenario. Therefore, in the short term, I expect the price to **go down** after a brief attempt to correct upwards. **Long-term analysis (weeks/months):** The fundamental overview mentions the influence of safe-haven demand on the Swiss Franc, which could continue to impact the USD/CHF pair. Additionally, the potential for gradual interest rate cuts by the Federal Reserve could also affect the pair. However, the technical analysis suggests a bearish trend, with a potential breakout of the lower border of the "Triangle" pattern. Considering these factors, I expect the price to **go down** in the long term, potentially targeting levels below 0.7985. In summary: * Short-term: **Go down** (after a brief correction) * Long-term: **Go down** (targeting levels below 0.7985) Result: ST=Down LT=Down
Short
by frankiepro
October 30 Bitcoin Bybit chart analysis Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. This is the Bitcoin 30-minute chart. There will be a NASDAQ indicator announcement at 9:30 in a little while. As the short-term pattern has been broken so far, I think the bullish train today will stay for a while. Overall, the strategy was carried out as a downward sideways movement, and if you look closely, there is a bullish train that will depart after tomorrow hidden in the strategy. *When the blue finger moves, It is a short position strategy. To be exact, it is a short->long switching strategy. 1. 71563.5 dollars long position entry section / stop loss price when purple support line is broken (Since the rebound has already touched the 2-hour chart center line while writing the analysis, there is a possibility that the rebound will not occur, so do not aim for a long position, and check whether it reaches the current position of the pink resistance line or section 1 until 10:30 when the market opens, and you can operate it focusing on short positions.) 2. 72073.5 dollars short position switching / stop loss price when orange resistance line is broken (After chasing the current position, check whether the pink resistance line is broken, and operate it as stop loss price when the final orange resistance line is broken) 3. 70283.5 dollars long position switching / stop loss price when green support line is broken 2, 3-hour chart MACD dead cross in progress Because it touched the 2-hour chart center line of Bollinger Band Today It is judged that a strong rise or surge is difficult. In the current position, In case of breaking through the pink resistance line, please take a short position at 1. Please note that it may touch 71.5K at the bottom and continue to be pushed. The movement within the orange resistance line / purple support line is a sideways movement. In any case, if the green support line is not broken today, There is a possibility that it will continue to rise. Those who have been with us for a long time Can you roughly see where the bullish train is? Depending on today's movement, the final entry point tomorrow may change, Please note and I hope you operate well in real time. Up to this point, please use my analysis articles only for reference and use, I hope you operate safely with principle trading and stop loss prices. Thank you.
BYBIT:BTCUSD.PShort
by BitCoinGuide
2