Get started

Fibonacci

TradeCityPro | NEARUSDT Calm before the storm👋 Welcome to TradeCityPro Channel! Let's go to a day when financial markets are closed and update one of our previously analyzed altcoins, NEAR, and find new triggers together. Scroll Down to Check Out the Analytical Chart as Well! 🌐 Overview Bitcoin Before starting our analysis, as always, let’s check Bitcoin in the 1-hour timeframe, where the candles have become significantly smaller, the range of our fluctuations has narrowed, and the 1-hour candles now show 0.2% fluctuations. This observation, along with our hourly volume, indicates that there is practically no movement, and no one is deciding to trade. For now, it’s better not to make any decisions and just observe the market from a distance. However, this doesn’t mean abandoning the market entirely and coming back to the chart only after the market moves. 🕵️‍♂️ Previous Analysis In our previous analysis uploaded to the channel last month in the weekly timeframe, it can be said that almost nothing has happened. Our spot entry triggers were not activated, and we were simply rejected from the $8.289 resistance, fluctuating within the $3.73 to $8.28 range. 📊 Weekly Timeframe In the weekly timeframe, as we said, nothing special has happened to our chart. Currently, we are simply ranging within the weekly box, and breaking the support or resistance of this box can result in a sharp move. This week's weekly candle has one day left to close, and if it stays like this, it will engulf the previous two candles, suggesting that we are moving towards the $3.73 support. 📈 Daily Timeframe In the daily timeframe, we are also in a smaller box than our main box, ranging between $4.88 and $6.05, where it might range for a while. On the other hand, the $6.057 resistance can be considered a risky but promising trigger for spot buying, considering that the resistance at the top of the box, or $8.289, is likely to be broken sharply and whale-like. For exiting this coin, I currently suggest doing so below $3.544. Personally, after breaking $4.883, I prefer to open futures positions rather than sell my spot coins. If you pay attention to the $4.883 support, it is the 0.618 Fibonacci level, which is highly significant for our trend. If we rise from this level and break the $6.057 resistance, we can start a good upward move. ⏱ 4-Hour Timeframe In the 4-hour timeframe, after being rejected from the $6.058 resistance and printing a red candle, we moved back towards the $4.914 support. Currently, it can be said that we are stuck in a box ranging between $4.914 and $5.156. 📉 Short Position Trigger our trigger is entirely clear, and after breaking $4.914, we can open a short position, targeting $4.5 and $4.05. 📈 Long Position Trigger however, currently, both the volume is very low, and the chart has a very bearish vibe. But if we continue ranging in this short-term box and the sellers lose strength, staying here for a long time, or faking the $4.914 support, after breaking $5.156, we can open a long position—but with a small stop loss and quick profit-taking. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
13
VIX | Stock Market Correction IncomingVIX is the ticker symbol and the popular name for the Chicago Board Options Exchange's CBOE Volatility Index, a popular measure of the stock market's expectation of volatility based on S&P 500 index options. It is calculated and disseminated on a real-time basis by the CBOE, and is often referred to as the fear index or fear gauge. The VIX traces its origin to the financial economics research of Menachem Brenner and Dan Galai. In a series of papers beginning in 1989, Brenner and Galai proposed the creation of a series of volatility indices, beginning with an index on stock market volatility, and moving to interest rate and foreign exchange rate volatility.
CAPITALCOM:VIXLong
by DivergenceSeeker
XAUUSD-1H NEXT WEEK IDEAI'm closely watching XAU/USD on the 1-hour chart. My plan is to wait for a potential retracement back to the $2665 level, possibly even as low as $2655 , which I've marked as my buy zone. If price reacts positively in this area, I'll be looking for a long position aiming for the $2700 target. The buy zone aligns with key Fibonacci retracement levels (50% and 61.8%), offering a strong confluence for a bullish setup. If price fails to hold the $2655 support , I'll reconsider my entry approach. For now, my focus is on this retracement before catching the next bullish leg. Key levels: - **Buy Zone:** $2665 to $2655 - **Stop Loss:** Below $2649.517 - **Take Profit:** $2700 This setup matches my strategy of entering high-probability trades with strong confluence and a favorable risk-to-reward ratio. Waiting for price action confirmation before entry.
OANDA:XAUUSDLong
by TheGreatHan
1
BitcoinPossible scenarios - The charts below present an Elliott Wave analysis on the daily time frame. January is typically a month for corrections, and this January, the price appears to be pulling back into wave 4, with significant support at the 0.3 to 0.5 Fibonacci levels. It seems likely that there will be a quick final leg down, with a potential maximum decline of 15%, which could cause many alt-coins to lose value. However, considering that we are still in a bull run, this correction may be shallow, potentially bottoming out around the 88k to 90k range. - Blue and white support perfectly matched the targets for C wave and wave 4. I can not ignore the fact that sometimes C can length on the same level where wave A is (forming double bottom) - If I zoom in or out on the chart, I might see a potential Head and Shoulders (H&S) pattern with a target of $77,000. However, the structure of this H&S pattern isn't perfect, and I've noticed that such patterns are often not very reliable, especially with Bitcoin (BTC). If we consider these patterns, it's also worth noting that a weekly H&S is forming to the upside, targeting an increase of over $200.K.
by denispeshevski
Long - If price pullbacks and form CLS on this levelLong - If price pullbacks and form CLS on this level you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion. What is CLS? This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets. CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing. Good luck and I hope this educational post helps to become better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔
TVC:DXYLong
by Dave-Hunter
2
Gold to USD (XAU/USD) Analysis - 1-Hour Timeframe Key Levels to Watch: Resistance Levels: The $2660 level serves as the immediate resistance near the current price. Higher resistance levels are located at $2680 and $2700, both of which could act as strong barriers. Support Levels: The $2640 level is acting as a key support, currently being tested by the price. If $2640 breaks, the next support lies at $2620, followed by a stronger support level at $2600. Trend Overview: A short-term uptrend has been visible since December 23rd, suggesting bullish momentum. Currently, the price is correcting around the $2640 level, which might provide a good buying opportunity if the support holds. Trade Idea: Buy Opportunity If the price respects the $2640 support level and forms bullish reversal candlesticks (e.g., a hammer or bullish engulfing candle), a buy position can be considered. Targets: Target 1: $2660 Target 2: $2680 Stop Loss (SL): Below $2635 (5 dollars below the key support). Scenario for Support Break: If the price breaks below $2640 and stabilizes below this level, it might move toward $2620 or even $2600. In this case, it’s better to wait for a new confirmation before entering a position. Conclusion: The $2640 support level is crucial in determining the next direction for gold. A proper stop loss and adherence to risk management strategies are essential for navigating this trade effectively.
FX:XAUUSDLong
by MD-Priceaction
Synchronoss Technologies Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Synchronoss Technologies Inc. - Double Formation * A+ Set Up)) | Completed Survey * 012345| Wave Count | Subdivision 1 - Triple Formation * ((Triangle Structure)) | Continuation | Subdivision 2 * Numbered Retracement | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:SNCRShort
by TradePolitics
TradeCityPro | ATOMUSDT NFP Report Explanation👋 Welcome to TradeCityPro Channel! Today, as the NFP news comes out, I want to provide an explanation about this report and analyze today’s altcoin, which I frequently use for futures positions. The U.S. Non-Farm Payroll (NFP) report was released today, Friday, January 10, 2025. According to this report, 256,000 jobs were created in December, exceeding the forecast of 164,000. The unemployment rate also dropped from 4.2% to 4.1%. This strong data indicates a continued improvement in the U.S. job market and may push the Federal Reserve to continue its tight monetary policies. As a result, the U.S. dollar strengthened, and interest in high-risk assets like cryptocurrencies decreased. After the release of this report, the cryptocurrency market reacted , Bitcoin initially rose to $95,827 but then dropped back to $95,760. 🌐 Overview Bitcoin Before starting today’s analysis, let’s look at Bitcoin in the 1-hour timeframe. It has been almost lifeless since last night, with very small and weak upward candles. With the announcement of the news, it experienced a volatile candle within a small range. Currently, it is below the $95,753 trigger level. With this event, Bitcoin dominance continues to move weakly upward. If this continues and the market declines, altcoins will experience sharper declines. However, if Bitcoin rises, it is better to open a long position on Bitcoin or an altcoin paired positively with Bitcoin. 📊 Weekly Timeframe In the weekly timeframe, this coin rebounded from the $3.789 support with an engulfing candle and made a relatively good upward move, reaching the $10.149 resistance. This led to a rejection from entering the overbought zone. Like most altcoins, no significant movement has occurred, and it has been range-bound within its box for a long time. The topic of stagnant funds is also relevant here. For re-entry in spot trading, you can buy after breaking $10.149, and if you miss that, after breaking $15.738. If you are holding this coin, the logical exit point in the weekly timeframe remains below $3.789. 📈 Daily Timeframe In the daily timeframe, it has performed better than other altcoins. After breaking the $4.923 resistance, which was the top of its daily range, it made a good move up to $10. Currently, while most coins have returned to their previous daily range boxes, ATOM is on a support level one step higher than the $4.923 support. After being rejected from $10.451, it formed lower highs and lower lows. The last rejection was from the $7.447 resistance, leading to a lower high than $10.451 and making this resistance more significant. If $6.115 breaks, we will see both lower highs and lower lows, and the price will move past the 0.618 Fibonacci support level, possibly reaching $4.923. For a re-entry, conditions are similar to AVAX. After breaking $7.447, you can enter with a stop-loss at $6.115. For a more secure entry, wait for $10.451 to break, or look for reactions at lower levels. However, if $6.115 does not break and the price stays in this daily range for a longer time, the $7.447 resistance will become more significant. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
12
I know what's NEXT for Bitcoin!I recently shared two thoughts on Bitcoin price action to come.. In one of them I call for a retrace to 85K or lower, in the other I call for a new ATH. I know this might be a bit confusing so let's shed some more light on it. Here you see BTC on the 1W Timeframe. I am using the Dynamic Fib Retracement indicator to do some trend analysis based on Fibonacci. The blue colored zone/band is the golden pocket as calculated by the indicator from pivot highs/lows within a certain lookback range. The lines are the 0.236 (Preliminary), 0.382 (Secondary) and 0.5 (Median) Fibonacci retracement lines calculated in the same way. The purple line is the 1.618 retracement line (aka the ''Target Line''). Now you understand this I can explain my thought process: Scenario A (Bullish) If price can manage to get back above the blue preliminary fib line and hold that range (around $98,550), I am convinced we see a new ATH for Bitcoin. The purple target line suggests the target for that would be around $117,000+ USD per BTC. Scenario B (Bearish) If price cannot get back above the blue preliminary fib line and finds resistance in that range around $98,550, I am convinced we see a bigger retracement for Bitcoin. The blue zone/band suggests the target for that would be around 80-83K USD per BTC as of right now, but this golden pocket band will slightly adjust higher so lets say $85,000 per Bitcoin. Do you agree or do you have other ideas? Let me know!
by poolsideliquidity
#EFIH Egyptian stock#EFIH time frame 1 DAY Created Gartley Bullish pattern , Entry level at 18.65 to 18.45 Stop loss 17.45 ( estimated loss - 7.20% ) First target at 20.66 ( estimated profit 10% ) Second target 22.50 ( estimated profit 21% ) Third target 24 ( with profit 28% ) MACD show positive diversion that is may support our idea NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock . In addition EGX30 is negative. Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luck
EGX:EFIHLong
by tfcgeorge
$BTC/USD We'll need some Bulls to step up here...I'm seeing this Green Daily candle push it's way up and out of the "Demand Zone", while running into some expected resistance from a recent downtrend line (Red), a couple High Volume Shelves, and some Fib levels that coincided with recent price action & short-term reversals (Within the Red Circle or Elipse, and Horizontal shaded Rectangle slightly above)... What do you think... Will we follow the Blue Arrow to the upside? Or does it need some more "Timeout" at these levels, or perhaps down towards $80's...?
COINBASE:BTCUSD
by StrongLikeBull
US Labor Market Surprises and Redefines Expectations for the FedThe US labor market has ended 2024 with unexpected strength, significantly exceeding market expectations. The addition of 256,000 new jobs in December, the highest figure in nine months, contrasts with forecasts of 160,000, consolidating a year of economic resilience. This robust data adds to a series of positive economic indicators, such as the services PMI and job openings, strengthening the narrative of a reduced need for an aggressive stance by the Federal Reserve (Fed). This labor market performance, bringing the total jobs created in 2024 to 2.2 million, though below the 3 million in 2023, directly impacts monetary policy expectations. Markets now more strongly anticipate that the first rate cut may not occur until the second half of 2025, with some suggesting it could be the only downward adjustment. This outlook diverges significantly from the Fed's revised projections at its December FOMC meeting, which reduced rate cut expectations from four to two for the next year. The strength of the US labor market, highlighted in the December non-farm payroll report, raises questions about the Fed’s monetary policy trajectory. This data, coupled with other positive economic indicators, suggests that the economy might be holding up better than expected, potentially delaying the need for rate cuts. A sectoral breakdown reveals particular dynamism in areas like healthcare (+46,000 jobs), government (+33,000), and retail trade (+43,000), the latter recovering from a contraction in November. However, certain weaknesses in manufacturing (-13,000 jobs) are evident. This strengthening of the US dollar, driven by robust economic data, is reflected in the DXY index, briefly reaching the 110 mark with a gain of approximately 0.7%. This appreciation of the dollar pressures emerging markets, particularly in Latin America, where the Mexican peso posted losses of over 0.8%. Additionally, downward pressure is observed in the equity markets, with the S&P 500 falling more than 1.5%. The market’s reaction to this data is clear: a stronger dollar, higher fixed-income yields, and pressure on equities. This scenario underscores the importance of closely monitoring the evolution of the US economy and its impact on global markets.
PEPPERSTONE:USDX
by Pepperstone
Where is AUDUSD Headed Now - Fxdollars - {10/01/2025}Updating my previous Idea, Let's see how it goes. Educational Analysis says AUDUSD may move UP or DOWN from this range, according to my technical. Broker - FXCM AUD & EURO are the two currencies that have been getting stronger against USD for months in this range, It finally did liquidity has taken out on buy-side orders to show a sign of a downtrend, and I am looking to counter-trend this position. If this continues, AUDUSD will be around 0.35 from early 2027 to 2030. Let's see what this pair brings to the table for us in the future. Please check the comment section to see how this turned out. DISCLAIMER:- This is not an entry signal. THIS IS ONLY EDUCATIONAL PURPOSE ANALYSIS. I have no concerns with your profit and loss from this analysis. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS, Happy Trading, Fx Dollars.
by VishalBudhrani
#GDWA Egyptian stock #GDWA time frame 1 DAY created a patter flay pattern , also the stock in critical point . Entry level at 4.10 to 4.20 Stop loss 3.90 ( loss may go to up 6% ) First target at 4.85 ( with profit around 15% ) Second target 5.45 ( with profit around 29% ) Third target 5.85 ( with profit 39% ) the positive thing here is MACD created a positive diversion , NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock . In addition EGX70 is in critical point Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luck
EGX:GDWALong
by tfcgeorge
GOLD → The market is nervous ahead of NFP. What's next?$FXCM:XAUUSD continues its strong upward movement, but along with the growth there are growing risks of a strong fall. NFP is ahead, and the situation is quite tense.... Fundamentally the situation is confusing, the main nuance is Trump's policy and the hawkish stance of the Fed, which creates pressure on the market, but gold, as we see, is rising due to the growing economic and geopolitical risks associated with Trump's policy, the crisis in the Middle East, Eastern Europe and economic problems in China. NFP is ahead, which creates additional risks: either an aggressive rise or a breakdown of strong support and the formation of a strong downward momentum. A weaker NFP may bring back expectations of an aggressive Fed rate cut, causing a broad correction in the US dollar, which could favor gold. Conversely, an upside surprise in NFP and wage inflation data could reinforce hawkish Fed rate hikes. Resistance levels: 2678, channel, 2693 Support levels: 2675, 2671, 2665 Technically, a strong bullish structure is forming. A break of resistance and favorable news could strengthen the rise to 2700. But, there is an additional scenario: Break of support of the rising structure or 2665 - 2671 may provoke capitulation and fall to 2655 - 2640. Regards R. Linda!
FX:XAUUSDLong
by RLinda
26