NVIDIA BUY ZONES ACTIVE ?As posted before after the earnings report we’ve seen the stock drop from 127 to 105 after a blowout report. Here’s my current idea of a scenario
1. NVDA Settles around the price of $111 & $100 before US DATA Thursday and Friday
2. NVDA buy opportunities towards
$125-$140 or above
3. Stocks can rise on a worst than expected US Data, propelling the index market to all time highs as well as gold. This current correction phase is healthy, and needed.
4. NVDA can form a double top resistance at $138-$141 sending the stock into more selling power. Consequently to a price of $90-$50. Waiting for a bounce between this area.
Until new points of possible AI is found and chips are being sold at a higher volume. This can be the EOY stock price. Overall whoever wins presidency will have a significant impact on AI markets.
This is a prediction. Good luck to all!
Cryptomarket
Trading Signal For WIFUSDT Trading Setup:
There is a Trading Signal to Buy in WIFUSDT dogwifhat (h1)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 1.538
⭕️SL @ 1.460
🔵TP1 @ 1.770
🔵TP2 @ 1.923
🔵TP3 @ 2.165
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
Technical Analysis for DOGSTechnical Analysis for DOGS 🐶
While it might be a bit early for a full technical analysis on DOGS, it's possible to assess the situation using the 4-hour and 1-hour timeframes. 🕒
Currently, the 24-hour trading volume has significantly decreased, which could indicate that the selling pressure from those who received the DOGS airdrop is subsiding 📉. The liquidity pool earnings for DOGS are at an acceptable level, making it a potential candidate for DeFi investments.
However, the biggest challenge remains that the true price of DOGS hasn't been fully established yet.
Key Observations:
On the 1-hour chart, DOGS is below a trendline, which can also be seen as a channel 📊.
If there isn't a downward movement within the next 21 hours, it will indicate a weakening of the downtrend. In that case, the probability of breaking the trendline and confirming the trendline trigger at 11656 increases. This could be an opportunity to place a buy order or open a long position with a stop below the box (the safest stop level) 🛑.
Based on the market structure, a smaller stop-loss could also be considered in this scenario.
However, if the price drops within the next 10 hours, the downtrend will strengthen, and the 10648 level could serve as a good trigger for a short position or selling DOGS 🚨.
Note: The support levels mentioned were determined using the reverse Fibonacci retracement method and are not entirely confirmed yet 🔍.
Important Reminder:
Technical analysis is based on probabilities, and no one can predict the future with certainty. Therefore, risk management and capital management are crucial at all times. 🚨📉
Categories: Trend Analysis, Support and Resistance, Fibonacci Analysis
Hashtags: #DOGS #CryptoAnalysis #DeFi #Tradecitypro #TCP 🚀
Aug.27-Sep.2(ETH)Weekly market recapBTC volatility decreased after BTC gave back the gains from the Jackhole meeting. Currently, the number of stablecoins in the market continues to grow, getting closer to ATH, but there are few market hot spots except memes. After the staking storm passed, we saw the meme rise again. Whether it is Pump.fun on Solana earlier or Sun.pump that appeared on Tron recently, we can see that both large and small entities have turned their attention to memes. Four.meme backed by Binance also began to develop on the BSC chain, trying to capture the popularity after the release of CZ.
For the crypto market, except for emergencies, market volatility suffocates any trader, and people can only grow their wealth through memes. The market only transfers wealth and does not create value.
Risk assets have fully priced in a September rate cut, and even if there is some difference in value, monetary policy is unlikely to bring additional volatility. This Friday, the U.S. Department of Labor will release the latest NFP data. Unless there is a significant deviation from expectations, risk assets will maintain their trend. Beyond that, the cryptocurrency’s performance relative to NDX remains affected by ETF flows.
The volatility of ETH last week was greater than that of BTC, but the overall volatility remained volatile. Trading volume is sluggish. The indicators are consistent with the reaction of BTC. No whales have participated in the past seven days of trading, and the ME indicator maintains a bearish trend.
To sum up, we believe that ETH is weaker than BTC. This is also reflected in the capital flows of the ETH ETF. We maintain our original resistance level 2800 and support level 2400.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Aug.27-Sep.2(BTC)Weekly market recapBTC volatility decreased after BTC gave back the gains from the Jackhole meeting. Currently, the number of stablecoins in the market continues to grow, getting closer to ATH, but there are few market hot spots except memes. After the staking storm passed, we saw the meme rise again. Whether it is Pump.fun on Solana earlier or Sun.pump that appeared on Tron recently, we can see that both large and small entities have turned their attention to memes. Four.meme backed by Binance also began to develop on the BSC chain, trying to capture the popularity after the release of CZ.
For the crypto market, except for emergencies, market volatility suffocates any trader, and people can only grow their wealth through memes. The market only transfers wealth and does not create value.
Risk assets have fully priced in a September rate cut, and even if there is some difference in value, monetary policy is unlikely to bring additional volatility. This Friday, the U.S. Department of Labor will release the latest NFP data. Unless there is a significant deviation from expectations, risk assets will maintain their trend. Beyond that, the cryptocurrency’s performance relative to NDX remains affected by ETF flows.
Although BTC saw a significant decline on Sunday, the long green candle yesterdays repaired the losses. BTC maintains low volatility most of the time. Judging from the WTA indicator, the blue column representing the whale has not participated in transactions in the past week. Like trading volume, WTA also reflects market downturns. The ME indicator maintains the bearish trend.
To sum up, we believe that the recent performance of BTC will still be dominated by fluctuation. In the short term, it will be determined by the capital flow of BTC ETF, and in the medium term, it will be determined by the amount of funds released after the monetary policy turns to loosening. We maintain last week’s resistance level 62000 and support level 52500.
Sept 2Overview:
Labor Day is over, and yesterday the bulls came out strong, pushing COINBASE:BTCUSD back into its trading range, above the $58.4k level. But whose bulls were they—American or Asian? Volume data from Coinbase shows 4.3k for the BTC/USD pair, compared to 10.7k, 8.5k, and 12.1k over the last three Mondays. These numbers are much higher than those for the BTC/USDT pair, indicating it wasn't American bulls who saved the day. On the other hand, Binance reports higher numbers for the BTC/USDT pair, with 23k, 19.4k, 22.8k, and 37.0k for the last three Mondays.
Two lessons learned:
1. Check the provider of your chart data and what pair you are analyzing, especially if you're tracking volume or any volume-related indicators such as Volume-Weighted Average Price, volume profile, footprint, cumulative volume delta, etc.
2. The U.S. market honors workdays. Asian bulls came in strong and overpowered the bears.
W: Back to the old trading range. Neutral.
D: Under BB MA. Possible fake breakout (or fake recovery due to the U.S. holiday?). We'll find out today when the U.S. market opens in a couple of hours.
4h: It was the 5th attempt to break the BB MA, and it succeeded. Now we're at the top of the BB channel, above the most recent high but stalling at the next one, near the point of control. Neutral.
1h: MACD divergence is starting to appear. Bearish.
Alts relative to BTC: Altcoin weakness compared to BTC continues to widen. BTC returned to its trading range, and on the daily chart, it looks like a bear trap. However, for major altcoins like COINBASE:ETHUSD , COINBASE:SOLUSD , and COINBASE:SUIUSD , their previous levels have become resistance. Neutral on BTC, bearish on altcoins.
Bull case: Since we're holding the weekly range and a bear trend isn't confirmed (at least in the short term), stay bullish.
Bear case: Altcoins are weaker, volume is low due to Labor Day, so Asian bulls were pushing up in a less liquid market.
Fear and Greed Index: 46.78. Up a couple of points. Neutral.
Prediction: The Fed has been revising many data points downward, indicating they might not fully understand what's happening, leading to a lack of trust in their estimates. This week's jobs data might come out much lower, which, combined with other factors, could crash the market. However, before that, we still have a full day of trading during which BTC might trade higher.
AUDJPY - Swing Short IdeaIn Monday (start of the new week) price swept previous week high liquidity (orange line) and show willingness to go lower by breaking the 4H structure.
So the following week I would expect to see price trades lower, potentially even to opposing liquidity pool like previous week low (orange line)
Thanks you and have a nice trading week! LFG!
OPUSDT - Swing Long IdeaIn Monday (start of the new week) price swept previous week low liquidity (orange line) and show willingness to go higher by breaking the 4H structure.
So the following week I would expect to see price trades higher, potentially even to opposing liquidity pool like previous week high (orange line)
Thanks you and have a nice trading week! LFG!
BTC will continue to increase forever, but not in the short term
COINBASE:BTCUSD , NASDAQ:NVDA , NASDAQ:COIN , AMEX:HODL , AMEX:ARKB NASDAQ:IBIT , AMEX:GBTC
The Long-Term Bullish Case
The fundamental argument for Bitcoin's long-term bullishness remains strong. The US Dollar, as the world's reserve currency, has been steadily losing value over time due to excessive government spending and quantitative easing. This inflationary environment creates an ideal backdrop for Bitcoin, which is designed to be a deflationary asset with a limited supply. As investors seek to protect their wealth from inflation, Bitcoin's appeal as a store of value becomes increasingly compelling.
Increased Institutional Investment
One of the most significant developments in the cryptocurrency market has been the growing interest from institutional investors. These large financial institutions, such as hedge funds, pension funds, and asset managers, have the potential to significantly impact Bitcoin's price and volatility.
As more institutions allocate a portion of their portfolios to Bitcoin, several positive effects can be expected:
Decreased Volatility: Institutional investors tend to be more patient and less prone to panic selling than individual investors. Their long-term investment horizons and sophisticated risk management strategies can help to stabilize Bitcoin's price and reduce volatility.
Improved Store of Value: Increased institutional adoption can enhance Bitcoin's reputation as a reliable store of value. As more mainstream financial institutions recognize Bitcoin's potential, it is likely to become a more widely accepted asset, which could boost its price and strengthen its position as a hedge against inflation.
Increased Liquidity: Institutional participation can increase the liquidity of the Bitcoin market, making it easier for investors to buy and sell the cryptocurrency without significantly impacting its price. This can further contribute to price stability and reduce volatility.
While the fundamental factors supporting Bitcoin's long-term bullish case remain strong, the technical analysis suggests a short-term bearish trend may be in play.
Bitcoin is currently trading within a descending channel, a technical pattern that indicates a potential downtrend. This negative channel is formed by two downward-sloping lines that constrain the price action. As long as Bitcoin remains within this channel, there is a risk of further price declines.
Additionally, a bearish crossover has occurred between Bitcoin's 100-day and 50-day moving averages and the 200-day moving average. This technical indicator is often used to identify potential trend reversals. When the shorter-term moving averages (100-day and 50-day) cross below the longer-term moving average (200-day), it is generally considered a negative signal, suggesting that the price may be heading lower.
DOGSUSDT📊 #DOGSUSDT
⏱ TIME: 30M
📝The price broke its support level and moved down.
It is now pulling back to this range and is expected to move towards 0.5 and 0.618 fibo from here. The range (blue box) is checked to see if it has reversal potential.
But if the green range is broken and the blue trend line is broken, it has the potential to move higher.
+ If it goes up, the analysis will be updated.
+Note: the probability of downward movement is higher than upward movement
⭕️risk: HIGH
📍BUY ZONE:
Sept 1Overview:
A significant sell-off occurred at 10 AM on Sunday in New York, which was 9 PM in Shanghai. The Asian bears have made their presence felt. Will American bulls step in to buy this dip, or have they had enough? Between 4-5 AM NYC time, the COINBASE:BTCUSD price was pushed back up to the $58.4k weekly level, but it has now clearly become a resistance level rather than support. As the Labor Day hangover fades and Tuesday approaches, we hope the digital currency market remains intact.
W: After Sunday, last week's closing price was below the previous week's opening price and below the weekly level of $58.4k. This is bearish.
D: The new daily closing price of $57.3k is the lowest in this retracement since the August 5th crash. Bearish.
4h: Previously, we had visited this low price, but it didn’t close at the end of the day, making it appear as a wick on the daily and weekly candles. However, on the 4-hour chart, it is visible as a candle body, which gives the impression of trading within a price range. If we look at Bollinger Bands, the price has failed to break the moving average since crossing it from the top on August 26th.
1h: This drop in price can be considered a bear trap. This becomes increasingly clear as we move to lower time frames (4h, 1h, etc.).
Alts relative to BTC: Altcoins sold off more deeply but are now recovering faster than BTC, mainly due to their volatile nature.
Bull case: We held the weekly level, so this could be the bottom.
Bear case: Once Tuesday rolls in, the market might start selling frantically.
Fear and Greed Index: 42.5 - trending downward. Once it dips below 40, entering the "Fear" zone, everyone should start buying.
Prediction: Tuesday will bring a wave of bears.
Opportunities: Look for divergences on the weekly and 4-hour charts of major altcoins: Short BINANCE:TONUSDT
where is best buy of BTC ???? hi im msnp follow me and boost this idea
BINANCE:BTCUSDT forming LH and LL from 13 march until now
we are in a bear channel and losing momentum and forming a head and shoulder
what do you think? you want stay in until market gets to 50 or 48K ?
look at 2021 and think how much market can fall (68k to 15K)
i expect a down trend don't fight with trend...
send me any altcoin name to analysis
follow me
bosst this idea
Trading Signal For TRXUSDT Trading Setup:
A Trading Signal is seen in the TRXUSDT TRON (h1)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.1553
⭕️SL @ 0.1534
🔵TP1 @ 0.1615
🔵TP2 @ 0.1657
🔵TP3 @ 0.1705
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
Does Solana will continue their bounce play more than 45% !!Solana has gained more than 45 % from last fall down that was in 5th August 2024
the trend right now is inside the range ( Phase C - Wyckoff Method )
The far target is 216 ( Top of the side way range) if the Re-accumulation phase has succeed.
SL is 141.46 ( this for me is consider thin stop loss due to the high BINANCE:SOLUSDT volatility of the crypto market)
I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.
$BTC Update - Can bitcoin price touch $100-150K milestone?I have already shared bitcoin fundamental confirmations on X.
Here are some technical confirmations related to bitcoin 👇
1. Major Bull flag pattern!
2. Big supply at $68K-58K has been succesfully flipped.
3. Hash Ribbon Buy signal!
4. Pi Cycle indicates BTC is yet to form a cycle top!
5. Weekly 50, 100, 200 EMA as support!
6. NO weekly or monthly RSI bearish divergence.
Monthly RSI has not yet touched 85-90.
7. Binance funding rates turned negative for the first time since September 2023.
IF YOU LIKE THIS UPDATE, PLEASE BOOST & FOLLOW. THANKS.