JUP in Danger: Are We in for a Crash?JUP has been on a four-day downtrend, and it's starting to show its bearish side. The token has lost its yearly open, which was a major support level. Let’s break down the key support and resistance to see what the chart is telling us.
Support & Resistance
Resistance:
Yearly Open & Monthly Level: JUP has dropped below the yearly open at $0.8169 and the monthly level at $0.7427
Support:
Long-Term Range & Liquidity: JUP has been trading within a range for over 300 days, with a significant amount of liquidity below the low at $0.6328 from 5 July 2024.
POC: The volume profile shows the POC sitting at around $0.5, marking an attractive entry point for a long position.
Fibonacci Confluence: The 0.786 Fibonacci retracement level falls just below the key low at $0.431 (a level last seen on 12 February 2024), offering a great long trade setup.
Long Trade Opportunity:
Alarms are set, let's see if JUP drops to these key support levels. If it does, we could have a solid long setup on our hands.
POC
#IPUSDT is gaining strength—expecting further upside!📈 LONG BYBIT:IPUSDT.P from $2.0510
🛡 Stop Loss: $2.0235
⏱ 15M Timeframe
✅ Overview:
➡️ BYBIT:IPUSDT.P is showing strong bullish momentum, trading near $2.0510, which could serve as a breakout entry point.
➡️ POC (Point of Control) at $1.8626 confirms the highest liquidity area below the current price, indicating strong buyer support.
➡️ The price is holding local support levels and is approaching $2.0510, a breakout of which could trigger further upside movement.
➡️ If the price holds above $2.0510, an upward push toward $2.0795 and $2.1155 is expected.
⚡ Plan:
➡️ Enter long on a confirmed breakout above $2.0510.
➡️ Risk management via Stop-Loss at $2.0235, limiting potential downside.
🎯 TP Targets:
💎 TP1: $2.0795
🔥 TP2: $2.1155
🚀 BYBIT:IPUSDT.P is gaining strength—expecting further upside!
📢 BYBIT:IPUSDT.P maintains bullish momentum. If the price holds above $2.0510, we expect further gains toward $2.0795 and $2.1155. However, a drop below $2.0235 may trigger a short-term pullback.
STOP LOSS HUNTING STRATEGY 8.8% OR 10% REWARDSHORT AT STATISTICAL STOP LOSS FROM MAJORITY
Will short at where most put their stop loss. This strategy is valid for me because this forex pair is indicating a bearish sentiment and the strongest ever recorded. But there is no previous statistics on such a price action. So I will short your stop loss which is around 160-167 (Aggressive account) and 170.5 (Buy and hold account).
I have no believe in a bearish continuation beyon that, it will just carry on going bullish and I'm not interested into shorting or buying this premium as it was bullish for decades and will not offer an exit strategy and/or a decent Stop Loss size
Factors of confluence:
- Anchored VWAP 0.618 above
- Monthly SIBI Fair Value Gap acting as strong resistance
- Previous POC levels
Take Profit:
- EMA200 Weekly chart
- Previous Fair Value Gap level
- Previous Month POC of June 2023 that hasn't been retested and had a strong bullish candle
- Quarterly Q1 Pivot Support Levels
HNT/USDT Trading ScenarioThe price chart of the asset shows a significant increase in trading volumes within a broad range from $2.875 to $11.153. From a volume analysis perspective, despite pronounced volatility, market participants continue to accumulate the asset within the current price corridor. At the moment, the asset's price is below the POC (Point of Control) level and has bounced off the support level at $2.875, which marks the lower boundary of the active range.
Given the current dynamics, a gradual price movement toward the upper boundary of the range can be expected, which may lead to a breakout of this level and further development of the upward trend. Such scenarios are supported by the fact that increasing trading volumes in the direction of the current trend typically signal its stability and the likelihood of continuation.
#BNXUSDT further bullish movement📈 LONG BYBIT:BNXUSDT.P from $0.6836
🛡 Stop Loss: $0.6436
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:BNXUSDT.P broke through a key resistance at $0.6791, confirming buyer strength and signaling further bullish continuation.
➡️ Volume is increasing, indicating strong market interest in the uptrend.
➡️ POC at $0.4528 suggests that major liquidity was accumulated significantly lower, reinforcing the bullish trend.
➡️ The next upside target is $0.7396 , followed by $0.7873 if momentum continues.
⚡ Plan:
📈 Bullish Scenario:
➡️ Enter LONG from $0.6836 if the price maintains support above this level.
➡️ Manage risk with Stop-Loss at $0.6436 to protect against downside moves.
🎯 TP Targets:
💎 TP1: $0.7396 — first resistance level, potential profit-taking zone.
🔥 TP2: $0.7873 — strong level where buyers may exit.
🚀 BYBIT:BNXUSDT.P Expecting further bullish movement!
📢 If the price BYBIT:BNXUSDT.P holds above $0.6836, further upside toward $0.7396 and $0.7873 is likely.
📢 However, if it drops below $0.6436, the bullish setup may be invalidated.
KAVA/USDT Trading ScenarioThe asset's price, like most altcoins, has undergone a significant correction and is currently trading near its local low. However, despite the decline in quotations, the market is experiencing a noticeable increase in trading volumes, indicating strong demand from buyers. A confident absorption of supply during the downturn suggests potential interest in KAVA from large players.
From a volume analysis perspective, the price is within the Point of Control range, reflecting the highest trading volume in the current price corridor. This confirms substantial market participant interest and the formation of a liquidity zone, which may act as support if consolidation continues. If volumes continue to rise and the price holds above key levels, this could signal a trend reversal and the development of an upward momentum.
Anticipated ZEN Drop Hits Target – Long Now?The anticipated drop I was watching has played out, providing excellent long setups across many coins, including ZEN. ZEN retraced perfectly to the POC at $17.07, aligning with the fib retracement 0.85
This confluence makes it an ideal long setup, offering great potential gains
Long Entry: $17.3
Target 1: $21 (R:R 2.5)
Target 2: $27 (R:R 6)
ETH Rejected at POC – Bears Eye $3000 againOver the past two days, Ethereum struggled to maintain momentum above the Point of Control (POC) of the current range. Price action formed wicks above the POC but closed below, signaling clear rejection at this level.
Key Support Zone
The $3000 area holds significant support, bolstered by several confluences:
Fibonacci Levels: The 0.786 fib retracement ($3045) aligns with the old 0.618 fib retracement ($3025)
4H Bullish Block: A strong demand zone on the 4-hour timeframe supports this level
Trend-Based Fibonacci Extension: 1:1 extension lines up perfectly with the 0.618 fib retracement
Psychological Level: The round number at $3000 adds psychological strength to this support
Short Setup:
Entry: POC of the range
Stop Loss: Above the recent high
Take Profit: $3000 zone
Risk-Reward: 3:1, offering a solid trade opportunity
Long Setup (Confirmation Needed):
Entry: Between $3025–$3000, upon bullish confirmation
Stop Loss: Below $2900
Take Profit: open
APE/USDT Trading ScenarioThe asset is currently trading 95% below its all-time high (ATH). Unlike most cryptocurrency market categories that are showing growth despite significant corrections, the NFT and metaverse segments remain in the shadows, not showing significant dynamics.
APE is currently near its all-time low, and in terms of volume profile, there is interest from market participants, as well as accumulation of positions in the current range. Fundamentally, the token is still associated with one of the most famous projects in the NFT sphere – Bored Ape Yacht Club (BAYC), as well as with the Otherside metaverse. However, it has fallen outside the zone of active investor attention amid the rapid growth and popularity of meme coins.
This asset deserves close attention, as it has the potential for significant upward movement.
Bearish Breakout: ZEN’s Path to $26 RevealedZEN has broken below both the daily open (dOpen) and weekly open (wOpen), signaling increased bearish momentum. The previous support levels now act as a Support/Resistance Zone, and bullish recovery requires reclaiming both dOpen and wOpen with significant volume. However, the current setup suggests further downside toward the $26–$25 range, which aligns with multiple confluences and the target from the Head & Shoulders (H&S) pattern.
Confluence for $26–$25 Support Zone:
Fibonacci Retracement (0.618): The key retracement level provides a strong support area.
$25 Key Level: A psychological and technical key level with historical significance.
Point of Control (POC): The POC from the previous trading range aligns perfectly with this zone.
Trend-Based Fibonacci Extension (1.272): The projected extension supports the target.
Fibonacci Speed Fan (0.777): Adds further confluence for this price level.
H&S Target: The projected target of the confirmed Head & Shoulders pattern coincides with this zone.
Outlook and Strategy:
Short-Term Bias: The bearish trend remains dominant unless bulls manage to reclaim dOpen and wOpen with strong volume.
Target Area: The $26–$25 range serves as the most probable area for a bounce or reversal due to multiple technical confluences.
Next Steps: If price reaches the support zone, look for a high-probability long setup with confirmation through increased buying volume, bullish candlestick patterns, and alignment with key indicators.
VIRTUAL at Crucial Resistance: Short Setup with 18% Potential GaThe price is approaching the high from December 16th. A short opportunity arises only if the price gets rejected with confirmation at this level.
Target Levels:
Weekly Level: The next major support lies at $2.711, which aligns with the Point of Control (POC) observed on the Fixed Range Volume Profile (FRVP).
Support Zone: The anchored VWAP (yellow line) is currently at the same level, reinforcing $2.711 as a strong support zone.
Short Setup:
A short trade from the current high, upon rejection, could target a potential drop of +16% to +18%, offering a favorable Risk-to-Reward (R:R) ratio.
Key Condition: Entry should only be considered if clear rejection confirmation is observed at the high. Without confirmation, this setup remains invalid.
Why Buy LLY?A textbook spike trade... that's why!
Every morning the stock market open gives us opening volatility spikes on the first 30 minute bar. Most are noise but when that rare one comes along that fits my rules AND has multiple matching confluences... it's time to "Strike at the Spike!"
This setup has going for it:
At a 50% Retracement of the recent trend (from November 18 - December 4)
At the top of a Gap Level
At the Volume Profile Point-of-Control for the last year of price action (see below)
With a Spike that my indicator shows >80% ATR Clearance I consider the baseline for a trade; this one is 150% so it definitely fits the rules. I would take a spike if there were only 2 of those matching levels above. Targeting the local high for the first take profit at 834.
Here is the Daily chart for just how key this level is:
Full disclosure: NYSE:LLY is and has been one of my biggest holdings; having owned the stock for over a decade.
LDO/USDT Trading ScenarioAfter reaching a new high of $4.027, the price of LDO significantly declined, dropping to $0.863, which corresponds to a fall of over 78%.
According to the volume profile, the asset broke through the POC volume level at $2.4.
Special attention should be given to the increase in volume in the range of $1.026 to $1.135. This range shows active growth and is approaching the POC level, which could signal a potential reversal and the start of an upward trend.
ETH/USDT Trading ScenarioAs of writing, the asset is trading near the support level of $2130. This level was established following a sharp decline and an attempt at a quick recovery.
If this level is breached, further price drops are likely, with the next support level being the significant volume-based Point of Control level at $1585.25. This zone is attracting heightened attention from market participants, which may contribute to a price rebound.
A break below the $1585.25 level could be seen as a potential buying opportunity, both for speculative and long-term investment purposes.
OP/USDT Trading ScenarioAfter reaching an all-time high of $4.866, the asset's price corrected by more than 78%, returning to a zone of interest for participants, as defined by the volume profile and the key POC level. According to Fibonacci levels, the current asset price is in a buying zone.
In this situation, based on indicator readings, it's possible to consider building a position in OP assets with the aim of holding and potential growth to at least the 0.5 Fibonacci level, corresponding to the price point of $2.61. There is also the possibility of further price movement with a new ATH.
CRV/USDT Trading ScenarioOver the past 820 days, CRV has been in a steady accumulation phase, as indicated by volume profile analysis. In early August of this year, the asset reached a new all-time low at $0.1794. This decline led to a significant increase in buying volumes, signaling strong investor interest and active accumulation of positions.
The volume profile analysis reveals a concentration of trading volumes in this price zone, which is characteristic of an accumulation phase. The continuous price decline, coupled with rising buying volumes, suggests that the asset may be preparing for potential future growth.
Considering the current accumulation phase and the increasing interest from buyers, it can be inferred that the asset is on the verge of potential growth.
XRPUSDT D Bullish Setup:50% fill of the FVG,POC,liquidity poolsTechnical indicators suggest growth. There is a possibility of a growth reaction from the 50% fill of the imbalance, POC, liquidity pool with a liquidity sweep below the previous low and the completion of a truncated fifth wave of Elliott. Liquidity pools have formed above, which will act as a magnet for the price. This scenario will be invalidated if the price consolidates below the POC. Then, expectations for the price are in the order block (OB) zone.
ZEN/USDT Trading ScenarioZEN has been trading within a sideways range for over 630 days, hovering near price lows around the $5.52 mark. During this period, significant volume accumulation has been observed, as confirmed by the volume profile. Additionally, a notable increase in trading volume has occurred during the formation of this range. As the accumulation phase nears its end, with the onset of altcoin season, there is potential for an upward breakout and subsequent strong price growth. In the current price zone, a buying opportunity may be considered, holding the main position until the 0.5 Fibonacci level or higher, with partial profit-taking along the way.
PEPE/USDT Trading ScenarioAfter hitting a new local high of $0.00001726, the price of PEPE entered a prolonged correction, dropping to $0.00000768, a decline of over 55%. In this range, the price found significant interest from market participants and nearly reached the high-volume level (Point of Control, POC), from which it bounced back and attempted to recover. Currently, the asset is in a consolidation phase, and according to the volume profile, interest in this price zone remains. The price might drop further, which could pressure new participants and provide an opportunity to buy at lower prices, closing out losing positions. A downward move and testing of the 200-day moving average appear promising for medium-term entry with the goal of setting a new local high.
ATHUSDT - Golden Pocket to the Moon +100% Gains in Sight!Should we panic or buy the fear? We've had a deep retracement on alts across the board. Let's break it down and figure out our strategy for this long opportunity.
LONG TRADE - CONFLUENCE
Golden Pocket: The price has perfectly retraced to the golden pocket between the 0.618 and 0.666 Fibonacci levels.
Point of Control (POC): This area also coincides with the POC, adding to its significance as a support level.
Fibonacci Speed Fan: The 0.786 level of the Fibonacci speed fan aligns with our golden pocket and POC, reinforcing this area as a strong support zone.
Long Trade Setup: High-Probability Trade
Entry Point:
Golden Pocket: Enter a long trade from the golden pocket area around $0.07.
Stop-Loss Placement:
Below POC: Place the SL just below the golden pocket/POC (tight SL) or place the SL below the swing low at around 0.064.
Target Levels:
First Take Profit (TP1): Set the first TP at $0.10.
Overall Target (TP2): Aim for the overall target at $0.147.
ATH's retracement to the golden pocket offers a prime opportunity for a long trade with an excellent R:R. The confluence of the golden pocket, POC and Fibonacci speed fan makes this a strong support zone and an ideal entry point.
What are your thoughts on this analysis? Are you ready to go long on ATH?
BOUNCE INCOMING!!This looks like a great area to anticipate a bounce.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
SHIB/USDT Trading ScenarioAmid the overall negativity in the cryptocurrency market, SHIB has significantly dropped in price, falling from a local high of $0.00004605 to $0.00001272. This decline amounts to more than 70%. The asset's price has nearly reached a range of global interest among participants, as confirmed by the volume profile. Currently, there is an attempt to recover the price and consolidate below the downward-sloping resistance level.
We can anticipate a breakout of the downward-sloping resistance level, followed by consolidation above it and further price growth. The resistance level may be at $0.00002963.
However, the possibility of continued price decline should not be ruled out, with a potential drop to the Point of Control (POC) at $0.00001032 and a subsequent bounce from that level.