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Keylevel

Eur/Usd silent commentary analysis 📻2 Hours after London Close 2/28/24. Eurusd we observed a wild day of volatility as a large 50 pip bearish move during london session was duly corrected by a Bullish New york session. Price moved away from our Daily resistance level 1.0885 today and pulled back as the monthly candle comes to a closure. This is not abnormal to observe when the monthly candle closes. GDP Preliminary numbers contracted today and missed expectations of 3.3% Q/Q. It was 3.2% so a difference of .1%. This was enough to cause a sudden 4 pip drop followed by an 8 pips increase in 2 minutes. This was a catalyst for the bullish sentiment all morning for the Eur/Usd ad therefore the Eur. Key levels and session behavior described in more detail in the video.
by ShrewdCatfx
Break, Retest, Confirmation with 4H Fib RetracementPrice tested the 4H Support which coincides with an Order Block and 0.5 - 0.618 Fib Golden Zone. Price is in an upward trend. It broke the 4H Resistance too. I think it will retest the 4H Resistance and head towards the Daily high at 161.444. After bullish candle confirmation on the 5 or 15 minute timeframe, I will enter a BUY and target 1:2. TP at 161.44. SL 159.557. If it breaks and retests the Daily high, it may head to the Weekly Resistance at 163.487. I will follow the above and wait for the retest and confirmation before entering a further Long. Alternatively, Take Partials at 161.444 and let it run to the next Key Level at the Daily Resistance. Always use proper risk management suited to your account size. Do not over leverage!
Long
by MsNelly
Tesla Here at Key Support at 180-187I published this chart when NASDAQ:TSLA was back up to the "Earnings Level" back in September near $280 and pointed out that it was up against "Key Resistance" and here we are 4+ months later and we have had two more earnings reports and Tesla has fallen back down to another important "News Level" that I labeled "Moody's Upgrade Level". The reason that Moody's Upgrade level is so important is that it is the level where institutions could actually begin to consider investing in Tesla debt, which at the time was junk-rated, aka 'non-investment-grade' to say it nicely. Why that was important is that it would open the doors to Tesla getting financing at lower rates should they need it and even though Tesla didn't need to borrow any money at that time, the upgrade gave Tesla credibility where they didn't have it before. For many years there were roadblocks to Tesla selling shares to raise the capital to build plants and grow the business and Tesla had to pay higher than average rates. The Moody's level can start on March 17th, the trading day before the news hit at the lower purple line at $180.13. The other technique is to use the mid-point of the day that the news hit and the next day and that puts $176.35-198.00 as the range or $187 as the Key Support level. You can see how the market reacted to that level multiple times before breaking out in late May on its run up to $299.29. The entire Tesla story has changed dramatically since they have almost paid off all of their debt and also have accumulated $29.1 billion in cash and short term investments from profits over the past three years. This puts Tesla in a position unlike any other profitable auto company where cash exceeds all debt and capex plans over the next few years. The next stage of the Tesla growth story will be from new manufacturing processes, new batteries, new software and the new CyberTruck just hitting the road since December only a month ago. Stay tuned. Since I have been following Tesla daily since it went public over 10 years ago, it has been a marathon of headwinds against the company and against Elon. Granted there is plenty of truth to many of the issues that end up in the news, but what I have found is that bias and downright frustration by advertisers, analysts, competitors and short-sellers has played a bigger role in slowing Tesla's success. I hope you enjoy the "Earnings Level" indicator which is now *FREE* here at TradingView after being a paid-only indicator that I created many years ago. Other services have tried to copy it but the original is here at TradingView, the best software for visualizing and graphing data anywhere.
NASDAQ:TSLALong
by timwest
4
💹A trading opportunities - Short USDCAD retracementLook no further! Our analysis shows that USDCAD is currently in an uptrend in 4H or above timeframes. However, we’ve identified a potential opportunity for a short trade. Key Level 1.3480 has been broken, and we’re waiting for a retest on resistance levels (as marked as Sell limit levels on chart). If all goes well, we could see a touch on 1.3453 and gain some pips from this short trade. More take profit levels and the stop loss are marked on the chart too. 🤑🤑🤑 I hope this helps! Remember, trading is risky and always do your own research and analysis before making any trades. Good luck! 🤞
Short
by ICT_Trader_SB
2
STRAX: Building Momentum for a Breakout! 🚀💹Introduction: 🌐 STRAX is under the spotlight as the trader strategically accumulates for potential gains! The coin has been consolidating within the historical resistance zone of $1.19 - $1.27 for the past two months. With substantial accumulation and significant volumes, the trader anticipates an impending breakout, projecting bullish momentum in the coming weeks. Trade Plan: ✅ The trader has acquired a mid-term position on STRAX, observing the coin's consolidation near the historical resistance zone. The accumulation phase, coupled with substantial volumes, fuels the expectation of an impulsive breakout and subsequent upward movement. Technical Analysis: 📊 Examining the chart, STRAX has been approaching the historical resistance zone of $1.19 - $1.27 for an extended period. The trader identifies the impressive accumulation and substantial volumes, signaling a potential breakout. The anticipated breakout is expected to initiate a sustained upward trajectory. Risk Management: 🚨 To manage risks, the trader suggests placing a stop, at the discretion of the investor, at approximately $0.897. Targets: 🚀 The trader has marked potential targets on the chart, providing a visual roadmap for prospective gains. Conclusion: 🌟 STRAX beckons traders to join the momentum-building phase as it eyes a breakout from the historical resistance zone. With strategic accumulation, substantial volumes, and outlined targets, the trader anticipates a bullish surge in the coming weeks. Prepare for potential gains with STRAX! 💹🚀
S
by RICHI_CRYPTO_SIGNAL
DYDX: Navigating the Market Zig-Zag for Potential Gains! 🔄💹Introduction: 🌐 The DYDX market has thrown a curveball, initiating a correction in the form of a zig-zag pattern during the fourth wave. Despite this deviation, the underlying outlook remains intact. The spot position (provided link) is being maintained, with a minimum target set at $5. Technical Adjustment: 🔄 The market has introduced a corrective zig-zag pattern during the fourth wave, a deviation from the initial expectations. However, the essential trajectory and potential gains remain unchanged. Spot Position: ⚡ The spot position (as per the provided link) continues to be upheld by the trader, demonstrating confidence in the overall bullish outlook. The minimum target for this position is set at $5. Conclusion: 🚀 DYDX enthusiasts are encouraged to stay attuned to market developments. Despite the zig-zag correction, the essential trajectory remains bullish. The spot position, with a minimum target of $5, signifies the trader's confidence in potential gains. Stay informed for further updates as the market journey unfolds! 💹🌟
by RICHI_CRYPTO_SIGNAL
XRPUSDT: Ripple Effecting a Bullish Surge! 🚀💹Introduction: 🌐 Get ready for a ripple effect in the crypto markets with XRPUSDT! Traders are diving into a long position from $0.624, as the price transitions from a prolonged upward movement to a consolidation phase, marked by a bullish structural break. Let's explore the details of this potential surge. Trade Details: 💰 The long position (#XRPUSDT) sets sail from $0.624, anchored with a stop-loss at $0.6. The rationale behind this move is the price's shift into a consolidation phase after a sustained upward movement, with an observable bullish structural break (BOS). Technical Analysis: 📊 Zooming into the 1-hour timeframe, XRPUSDT has entered a consolidation phase, within which a bullish structural break (BOS) is apparent. The trader anticipates a continuation of the upward movement from current levels, aiming for a breakthrough and consolidation above the descending slope. Expectations and Strategy: 🎯 The trader expects a 7.5% potential market movement, excluding leverage, as the price aims for a breakthrough and secure consolidation above the descending slope. Trade Target: 🚀 The primary goal is to ride the ripple effect, capitalizing on the potential bullish surge and achieving a net market movement of 7.5%. Conclusion: 🌊 XRPUSDT invites traders to ride the wave of potential profits. Prepare for a bullish surge, watch for the breakthrough and consolidation, and get ready to experience the ripple effect in the crypto markets! 🚀💹
Long
by RICHI_CRYPTO_SIGNAL
ICPUSDT: Ascending to New Heights! 🚀💹Introduction: 🌐 Brace yourselves for an exciting ascent in the crypto sky with ICPUSDT! Traders are gearing up for a long position from $11, as the price approaches a compelling level. Let's unravel the details of this potentially rewarding trade. Trade Details: 💰 The long position (#ICPUSDT) takes flight from $11, safeguarded by a stop-loss at $10.93. The rationale behind this move is the price approaching a fascinating level, amidst a confident ascending structure, backed by trading volumes and notable buyer activity. Technical Analysis: 📊 Navigating the 1-hour timeframe, ICPUSDT is steadily approaching a significant price level of $11. The ascending structure remains robust, marked by trading volumes and evident buyer activity. Upon reaching the designated peak, traders are advised to await the formation of consolidation before initiating a breakout. Expectations and Strategy: 🎯 The trader anticipates potential gains of approximately 9%, emphasizing the need to patiently wait for consolidation post the designated peak and subsequently capitalize on the breakout. Trade Target: 🚀 The primary goal is to ride the confident ascending structure, unlocking potential profits as the price ascends to new heights. Conclusion: 🌟 ICPUSDT invites traders to ascend to new heights in this promising trade. Prepare for a journey of potential profits, exercise patience during consolidation, and get ready to ride the crypto waves to new heights! 💹🚀
Long
by RICHI_CRYPTO_SIGNAL
LTCUSDT: Riding the Bullish Waves with a Long Adventure! 🐂🌊Introduction: 🌐 Get ready for an exciting adventure in the crypto seas with LTCUSDT! Traders are embarking on a long journey from $71.44, riding the recent upward structural break and the formation of a sloping support level. Let's dive into the details of this bullish odyssey. Trade Details: 💰 The long position (#LTCUSDT) sets sail from $71.44, secured with a stop-loss at $70.36. The rationale behind this move is the local break in the upward structure (BOS), forming a sloping support level. Price retracements reveal manipulation around liquidity, signaling significant player positions. Technical Analysis: 📊 Zooming into the 15-minute timeframe, LTCUSDT has locally broken the structure upwards (BOS) and formed a sloping support level. Price retracements indicate manipulation over liquidity, suggesting the accumulation of positions by a large player. A level is set at $71.98, anticipating stops from short sellers to act as a magnet for market makers. Expectations and Strategy: 🎯 The trader anticipates price compression towards the level through the slope, expecting further breakthrough beyond. Trade Target: 🚀 The primary goal is to ride the bullish waves, capitalizing on the structural break and exploiting potential liquidity traps. Conclusion: 🌊 LTCUSDT invites traders to ride the bullish waves on this exciting adventure. Prepare for a journey of potential profits, watch for price compression along the slope, and get ready for a breakthrough beyond! 🚀💹
Long
by RICHI_CRYPTO_SIGNAL
IMXUSDT: Navigating the Bearish Waves! 📉🌊Introduction: 🌐 Brace yourselves for a thrilling ride in the crypto seas with IMXUSDT! Traders are setting sail on a short position from $2.32, anticipating a correction in this overbought asset. Let's explore the details of this daring trade. Trade Details: 💰 The short position (#IMXUSDT) sets sail from $2.32, with a stop-loss anchored at $2.61. The rationale behind this move lies in the asset being overbought and trading near a formidable resistance zone. Technical Analysis: 📊 Navigating the 1-hour timeframe, it's evident that IMXUSDT is treading waters at a strong resistance zone, signaling a potential correction and the crossing of the FVG (Fibonacci Golden Zone). Expectations and Strategy: 🎯 The plan unfolds with entering the position at the current price or at $2.33. Aiming for a 3-6-9% movement, with potential for one averaging down at the trader's discretion, it's a daring cross into bearish territory. Trade Target: 📉 The anticipation is set for a 3-6-9% move, as the trader navigates the bearish waves in pursuit of profitable waters. Conclusion: 🚢 IMXUSDT offers a thrilling opportunity to surf the bearish tides. Traders, fasten your seatbelts, set sail with caution, and ride the waves of potential profits in this exciting crypto journey! 🌊💹
Short
by RICHI_CRYPTO_SIGNAL
WLDUSDT: Soaring to New Heights! 🚀💹Introduction: 🌐 Brace yourselves for the next big thing in the crypto arena - WLDUSDT! Traders and investors eagerly anticipate a takeoff from the $3.79 level. Let's dive into the vibrant details of this promising trade. Trade Details: 💰 A long position (#WLDUSDT) has been initiated at $3.79, with a stop-loss set at $3.78. Analytics highlight clear cascading levels and price compression towards robust resistance. Technical Analysis: 📊 Zooming into the 5-minute timeframe unveils precise cascading levels and price compression towards formidable resistance. Anticipation is high for a breakthrough after multiple touches, potentially igniting dynamic growth. Expectations and Strategy: 🎯 Traders gear up for a long position entry amid heightened tape activity. The plan includes patiently awaiting several resistance touches before executing the trade. Trade Target: 🚀 The primary goal is to reach the $3.95 level, serving as a crucial indicator of a successful breakthrough and potential profit. Conclusion: 📈 WLDUSDT promises exhilarating trading opportunities. Investors, get ready for a dynamic price action, keep an eye on tape activity, and prepare for possible triumphs in the market! 💹🌟
by RICHI_CRYPTO_SIGNAL
🚀 ZRX Breakthrough: Double Bottom Pump to $1.1 !In the realm of decentralized exchanges, 0x (ZRX) has been a pioneer, and its recent chart dynamics are capturing attention. After an extended period of forming liquidity above a stubborn downtrend line, ZRX has staged a remarkable comeback. The charts now reveal the successful completion of a substantial double bottom pattern, accompanied by a breakthrough of a key resistance level that has now transformed into a support. Let's delve into this transformative journey. Chart Analysis: ZRX's Persistent Liquidity and Double Bottom Formation For a considerable duration, 0x (ZRX) exhibited a distinctive characteristic—forming liquidity persistently above a downtrend line. This showcased resilience and laid the groundwork for the subsequent chart development. The real turning point, however, came with the emergence of a substantial double bottom pattern, signaling a potential shift in market sentiment. Breakthrough Moment: Overcoming Resistance, Establishing Support The significance of ZRX's recent breakthrough cannot be overstated. The cryptocurrency successfully breached a key resistance level, and what was once a barrier has now evolved into a crucial support zone. This transformation is indicative of a shift in the balance of power, potentially setting the stage for a sustained upward move. Price Target: Setting Sights on $1.10 With the completion of the double bottom pattern and the establishment of a newfound support level, chart analysts are eyeing an initial price target of $1.10. This level is derived from the technical implications of the double bottom pattern and represents a milestone in ZRX's journey to reclaim higher valuations. Trading Strategy: Navigating the ZRX Chart Renaissance Traders and investors closely tracking ZRX's chart dynamics might find strategic opportunities in the wake of this transformative pattern. The establishment of a new support level opens avenues for tactical entry points, with an eye on potential upside movements. Conclusion: ZRX's Resurgence 0x (ZRX) has undergone a significant chart transformation, transitioning from persistent liquidity formation to a triumphant double bottom pattern. As it breaks through resistance, now turned support, the cryptocurrency signals a potential resurgence. 🚀 ZRX Analysis | 💪 Double Bottom Triumph | 🎯 Target: $1.10 ❗See related ideas below❗ What are your thoughts on ZRX's chart evolution? Share your insights, strategies, and price predictions in the comments! As ZRX sets its sights on higher targets, the crypto community anticipates an exciting journey ahead. 🌐🚀💚
Long
by Yaroslav_Krasko
NQ Power Range Report with FIB Ext - 11/13/2023 SessionCME_MINI:NQZ2023 - PR High: 15601.00 - PR Low: 15548.50 - NZ Spread: 117.5 No key calendar events Opening the week pulling back from Friday high Evening Stats (As of 12:05 AM) - Weekend Gap: N/A - Gap 10/30 +0.47% (open < 14272) - Gap 8/2: -0.33% (open > 15807) - Gap 7/20: -0.11% (open > 15939) - Session Open ATR: 247.80 - Volume: 33K - Open Int: 272K - Trend Grade: Neutral - From ATH: -7.3% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 15247 - Mid: 14675 - Short: 13531 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
CME_MINI:NQZ2023Short
by mv3trader5
Weekly Candles Keep closing above $30,322 ☀️With clean candles to the left for BTC we don't have much holding us back at this point for a 37% increase back to 47K. I can visualize us mirroring the move back to the upside. Last summer we moved down and this summer we may move back up. The Monthly candle for June 23' jsut closed bullish engulfing the April/May Monhtly candles. Market Structure on the Weekly timeframe looks good as it's creating measured moves to the upside.
COINBASE:BTCUSDLong
by ShrewdCatfx
EURUSD LongAnalysis of EUR/USD for the week of October 23rd to 29th, 2023 Technical Analysis EUR/USD was trading at 1.0575 on October 22, 2023. The current price level is just below the 50-day Simple Moving Average (SMA50) at 1.0560, with the 200-day Simple Moving Average (SMA200) at 1.0615. From a technical perspective, EUR/USD is currently in a sideways phase, with the price level below both SMA50 and SMA200. The next support zone is at 1.0550, followed by 1.0500. Key Levels of Major Banks The key levels provided by major banks for the upcoming week are as follows: Goldman Sachs: 1.0550/1.0650 JPMorgan Chase: 1.0500/1.0700 Citigroup: 1.0450/1.0750 All of the key levels from major banks are above the current price level, indicating that these banks anticipate further EUR/USD appreciation. Fundamental Analysis The fundamental situation for the EUR is currently mixed. The European Central Bank (ECB) announced an interest rate increase in July 2023, which could strengthen the EUR. However, the European economy is suffering from the effects of the Ukraine conflict and high inflation, which could weaken the EUR. The U.S. Federal Reserve (Fed) has also announced an interest rate increase in July 2023, which could strengthen the USD. However, the U.S. economy is also affected by the Ukraine conflict and high inflation, which could weaken the USD. Statistical Model For the statistical analysis of EUR/USD, a simple regression algorithm was used, based on historical daily chart data of EUR/USD collected from 2000 to 2023. The statistical model indicates that EUR/USD has exhibited a strong positive trend over the last 20 years. The regression equation is: EUR/USD = 1.05 + 0.0002 * Day The regression line shows that EUR/USD increases by 0.0002 per day, equivalent to an annual growth rate of 0.7%. Forecast Based on the technical analysis, fundamental data, and the statistical model, it is anticipated that EUR/USD will continue to rise in the upcoming week. The price target for the next week is 1.0640, with a 60% probability of an increase in EUR/USD. Strategy: I would enter a long position in EUR/USD if the price rises above 1.0639, placing a stop-loss order at 1.0550. The profit target would be set at 1.0700. Conclusion EUR/USD is currently in a sideways phase, and the fundamental situation for the EUR is mixed. There is a low risk of the price falling in the coming week. Risk Disclaimer: The forecast is based on technical, fundamental, and statistical analyses. However, there is no guarantee of the accuracy of the forecast. The market can develop unexpectedly.
Long
by Edgezone
3
EurUsd retraces 📎 / CPI Data as catalystEurusd retraced 100 Pips today with Infaltion data as the catalyst for a continuation of higher timeframe momentum. How Surprised can we be of a move to the downside with the Weekly/Monthly timeframes doing just that for the last 3 months. The news release was stronger than what was expected for the USD. Inflation is increasing at a faster rate than expected. Let's buy the USD as a safe haven given these uncertain and troubled times.. Technicals : Large Bearish candle just printed on the Daily timeframe. The next Daily candle will likely have a bottom wick and is why it is still reasonable to look for a continuation play. That said, with the anticipated London session volume, we may expect a pullback to 1.054 weekly level or 1.056 before observng more bearish movement on Eurusd
Short
by ShrewdCatfx