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Video footage of Bitcoin, midway NY session today. Breakout.Bitcoin climbed through the stiff resistance near mid 90s near the start of London session today. The breakout candle was big but then the retrace was on and basically right back on Fib levels. The start of NY trading brought in some nice momentum helping to drive price back up, but then a double top emerges and that is sort of where the video starts. Sometimes I will trade the high time frames and then dive into the lower time frames with the MacD, a bit of a weapon once you learn to control as you will see. Thanks for viewing.
EIGHTCAP:BTCUSDLong
by Easy_Explosive_Trading
TradeCityPro | XVSUSDT Possibility of a Long-Term Move Starting 👋 Welcome to TradeCityPro Channel! Let’s analyze XVS, one of my favorite coins in the crypto and DeFi space, which operates in the LEND & Borrow sector on the BNB network, as we may work with it more extensively in the future. 🌐 Overview Bitcoin Before analyzing today's altcoin, let’s start by reviewing Bitcoin on the 1-hour timeframe Yesterday, I mentioned opening a long position with Bitcoin’s break of 97343 and even suggested using a stop-buy order. Today, following the news announcement, this resistance was broken aggressively, showing strong whale activity. With this breakout, Bitcoin dominance has begun to drop, so it would have been more logical to place stop-buy orders on altcoins. If you haven’t done so yet, don’t worry! You can wait for the next confirmation by Bitcoin breaking 99485 to take action on your altcoins. 📊 Weekly Timeframe In the weekly timeframe, XVS remains in a large range and has been moving slowly. Recently, after faking a breakout above the range, it did not return to its bottom. In 2024, we haven’t revisited the 3.51 support level. Instead, we formed a higher low at 5.33, suggesting a potential shift. For re-entry, you could consider buying above 12.94. Personally, I entered at the 5.33 breakout in late 2023 and will not make any new purchases at the moment. My stop-loss remains below 3.51. 📈 Daily Timeframe On the daily timeframe, after breaking 8.21 and exiting the daily range, XVS moved toward the 11.83 resistance, where it faced heavy rejection. After that, lower highs were formed, leading to a descending triangle pattern with equal lows. If the descending trendline breaks, we might see the uptrend resume with confirmation from momentum and volume. Otherwise, a break below the triangle’s base at 8.21 could lead to a correction toward 6.09, though this is less likely. Risky Entry: You could buy now with the current daily candle, but ensure your stop-loss is below 6.09 , Safe Entry: Wait for a confirmed breakout above 11.83, aiming for a target of 17.58. ⏱ 4-Hour Timeframe Finally, in the 4-hour timeframe, after briefly wicking to the 7.73 support, XVS has bounced back into its range and is nearing the 9.47 resistance. 📈 Long Position Trigger wait for 9.47 to break with clear momentum and volume or wait for the formation of higher highs and higher lows. 📉 Short Position Trigger monitor for signs of rejection. If 9.47 turns into a fake-out, a short position below 8.52 could be considered. 📝 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
27
Master Short-term Trading in Stock, Forex, and Crypto MarketsMaster Short-term Trading in Stock, Forex, and Crypto Markets Short-term trading is a fast-paced approach that demands skill, strategy, and quick decision-making to capitalise on small price moves in financial markets like stocks, forex, and crypto. This article dives into advanced techniques, adaptive strategies, and psychological discipline needed to improve your trading edge. Choosing the Right Market and Asset for Short-Term Trading Short-term trading isn’t just about finding an opportunity; it’s about picking the right market and asset that aligns with your strategy, risk tolerance, and trading style. Different assets and markets move in unique ways, and understanding their traits can sharpen your trading decisions and improve your ability to identify favourable setups. Stocks When short-term trading stocks, movements often hinge on company-specific events like earnings reports, product launches, or even management changes. Ideal stocks for short-term trading typically include those in technology or high-growth sectors, which tend to show greater volatility and liquidity. However, specific stock trading hours limit opportunities (with after-hours trading often seeing lower volume), which can reduce flexibility compared to 24-hour markets like forex or crypto. Forex Known for its high liquidity and 24-hour trading cycle 5 days a week, the forex market offers ample short-term trading opportunities, particularly with major currency pairs like EUR/USD or GBP/USD. These pairs are heavily traded, leading to tighter spreads, which is essential for traders looking to make multiple trades in a single day. The forex market is also influenced by economic data releases and geopolitical events, making it a good match for traders who stay updated on global news and market sentiment. Commodities Trading commodities like gold, oil, and silver can add diversity to short-term trading. Commodities often see increased activity during times of economic uncertainty or when inflationary pressures are high. Precious metals like gold, for instance, are seen as so-called “safe havens,” attracting short-term traders during volatile market periods. Energy commodities, such as oil, also offer strong moves tied to supply and demand shifts, including geopolitical developments and inventory reports. Cryptocurrencies The crypto market stands out for its high volatility and 24/7 trading schedule. For those looking to trade for the short term in the crypto market, major coins like Bitcoin and Ethereum are common choices due to their frequent price swings, while smaller coins can offer higher-risk, high-reward short-term investment potential. However, crypto’s high risk and rapid price swings mean that traders must carefully manage the size of their short-term investments and stay alert to sudden shifts in market sentiment, often driven by regulatory updates or large-scale adoption news. Advanced Technical Analysis Techniques For traders aiming to refine their short-term investing, advanced technical analysis techniques can provide the depth needed to make quick, informed decisions. These methods go beyond basic indicators, giving traders a closer look at price dynamics, market psychology, and trade volume to spot potential setups. Price Action Analysis Price action analysis focuses on interpreting price movements without relying heavily on indicators. Traders using this method look for specific patterns like “doji” and “engulfing” candlesticks to gauge market sentiment. Recognising these patterns, along with key levels such as support and resistance, can help trader time entries and exits by indicating when momentum may shift. Price action is especially useful in volatile markets, where traditional indicators may lag. Volume Profile Volume profile charts and indicators show the volume traded at each price level over a given period, helping traders identify where the most buying and selling is happening. This technique highlights “high-volume nodes,” or price points where large amounts of trading occur, indicating levels where the price might stall or reverse. By using volume profiles, traders can spot areas of consolidation or breakout zones, refining their trade entries or exits based on market interest. Discover volume profile tools on FXOpen’s advanced TickTrader platform. Dow Theory Dow Theory is a market analysis framework that asserts markets move in trends, with each trend consisting of primary, secondary, and minor waves. Short-term traders often focus on secondary trends (lasting days to weeks) to align their trades with market direction. By recognising the phases of accumulation, public participation, and distribution, traders can better understand the market’s larger direction and time their entries. Wyckoff Theory Wyckoff Theory can be used by short-term traders for recognising and capitalising on repeatable market patterns driven by supply and demand. Through Wyckoff’s approach to price and volume analysis, traders can identify phases, which signal potential reversals or continuation trends. This allows short-term traders to time entries and exits more accurately based on market structure. Additionally, Wyckoff’s emphasis on liquidity and the role of large institutional players helps traders anticipate price movements, enabling them to make informed decisions in volatile, fast-moving markets. Elliott Wave Theory Elliott Wave Theory proposes that markets move in repetitive waves influenced by crowd psychology. For short-term traders, identifying the five-wave impulse or corrective patterns can provide context on where the market may be within a larger cycle. This analysis can assist in timing trades by aligning with the anticipated movement within a wave sequence. Developing a Flexible, Adaptive Strategy In fast-paced markets, adaptable short-term trading strategies are key for traders who want to thrive in varying conditions. A flexible approach enables traders to pivot based on volatility, volume, and market sentiment without rigidly sticking to one strategy. Scalping vs Day Trading Scalping and day trading both offer short-term opportunities, but each thrives in distinct conditions. Scalping—executing numerous quick trades for small gains—is potentially effective in high-volatility environments with tight spreads, like forex or certain tech stocks. Day trading, on the other hand, takes advantage of slightly longer holding times within a single day, allowing traders to capitalise on more substantial moves. Knowing when to switch between these approaches keeps traders prepared. Timeframe Adjustments Adapting timeframes based on volatility can improve timing. For example, traders might use 1-minute charts during high volatility and 5- or 15-minute charts when the market is steadier, allowing them to focus on potentially more reliable setups without overreacting to noise. Continuous Backtesting and Refinement An adaptive strategy relies on ongoing backtesting to identify what works in current conditions. Live adaptation is also essential—strategies might need adjustments in real time based on changing market sentiment or unexpected events. Keeping strategies flexible and adjusting as data changes help traders stay aligned with the market’s rhythm. Advanced Risk Management Techniques Effective risk management goes beyond setting a simple stop loss. For advanced traders, techniques like dynamic position sizing, trailing stops, and a nuanced grasp of win rate and risk-reward ratios are essential to navigating volatile markets. Dynamic Position Sizing Adjusting position sizes based on current market conditions allows traders to respond to volatility without overexposing their capital. For instance, in highly volatile sessions, traders may reduce position sizes to limit exposure, while in low volatility periods, they might increase them to capture larger potential gains. Trailing Stops Trailing stops protect potential gains while letting trades run. As the market moves favourably, a trailing stop gradually locks in gains, automatically adjusting to reduce risk if the trend reverses. This is especially useful for fast-paced assets where trends can shift quickly, helping traders maximise trade effectiveness without manually adjusting their exits. Win Rate and Risk-Reward Balance A high win rate isn’t always the goal; balancing it with a good risk-reward ratio is often more sustainable. For example, a trader with a 40% win rate might still see strong potential returns if their average risk-reward is 1:3. Psychological Discipline and Strategy Execution Mastering short-term trading requires more than technical skill—it’s about controlling emotions and staying disciplined under pressure. Even with a solid strategy, emotional biases like fear and greed can cloud judgement and lead to impulsive decisions. Avoiding Overtrading Overtrading often stems from frustration or the “fear of missing out.” Identifying decent shares to buy for the short term can be exciting, but it’s essential to set clear limits on daily trades. By focusing on quality setups over quantity, traders can prevent hasty, low-probability trades that erode potential gains. Sticking to the Plan A pre-set strategy is only as good as its execution. Traders can strengthen discipline by following structured routines—such as starting each session with a plan, reviewing recent trades, and assessing market conditions. Journaling each trade, including the reasoning and emotions behind it, helps reinforce the commitment to the strategy. Routine and Mindfulness Building a consistent daily routine, from meditation to pre-market preparation, can help reduce emotional swings and keep a trader’s focus sharp. Practising mindfulness helps traders stay centred, making it easier to manage emotions, avoid unplanned trades, and stay aligned with their strategic goals. The Bottom Line Skills like advanced analysis, adaptable strategies, and emotional discipline are essential to navigate stocks, forex, and cryptocurrency markets effectively. With the right tools and techniques, traders can make agile decisions in fast-moving markets. For those ready to take their trading further, opening an FXOpen account offers access to four robust trading platforms, competitive spreads, and fast execution speeds—ideal for short-term trading. FAQ What Is Short-Term Trading? Short-term trading involves buying and selling financial assets over low timeframes, typically ranging from minutes to hours. Traders aim to capitalise on rapid price movements rather than holding positions long-term. How Do Short-Term Traders Make Money? Short-term traders aim to take advantage of small price changes by timing their trades based on market trends, technical analysis, or key events. They base their strategies on quick decision-making, effective risk management, and sometimes high-frequency trading. How to Pick Good Stocks for the Short-Term? To find short-term stocks, traders look for stocks with high liquidity and volatility, as these are more likely to see meaningful price swings. Many traders focus on stocks to buy for the short term that offer recent/upcoming news or earnings reports, which tend to drive price momentum. Which Crypto to Buy for the Short-Term? High-liquidity cryptocurrencies like Bitcoin and Ethereum are popular for short-term trades due to frequent price fluctuations. However, smaller coins can also offer opportunities, but these often carry higher risks due to their volatility. Can You Make a Living From Short-Term Trading? Yes, but it’s challenging. Short-term trading requires a strong strategy, deep market knowledge, and emotional discipline. Many traders supplement their income with other sources, as consistent gains can be difficult to achieve. At FXOpen UK, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules. They are not available for trading by Retail clients. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Education
by FXOpen
2
TradeCityPro | FILUSDT Money Stuck in the Weekly Range Box👋 Welcome to TradeCityPro Channel! Let’s analyze another altcoin of the week amidst a market day where interest rate decisions weakened the dollar and strengthened crypto. Scroll Down to Check Out the Analytical Chart as Well! 🌐 Overview Bitcoin As always, we begin by looking at Bitcoin. On the 1-hour timeframe, Bitcoin has bounced off the $90,655 support and is currently sitting below the $97,343 resistance. After breaking this resistance, there’s potential for new positions. To decide whether to open a long position on Bitcoin or altcoins, we examine Bitcoin dominance. Currently, while Bitcoin is green, dominance is red. However, when the $97,434 trigger is broken, check Bitcoin dominance; if it remains bearish, Bitcoin’s movement can act as confirmation for long positions on your altcoins. 📊 Weekly Timeframe On the weekly timeframe, FIL is clearly stuck in a range, fluctuating within a box for about 900 days over two years. We’ve repeatedly discussed the importance of avoiding purchases within range boxes and instead buying with momentum. While buying at the bottom of the box might offer numerically better entries, how does the risk of capital dormancy in this immature market compare? Remember, in a market like this, coins you hold could face extreme risks, as we saw with LUNA. For exiting this coin, patience is key. If it breaks below $3.214, consider liquidating your holdings and exiting , For re-entry, the primary and ideal trigger is a breakout above $10.163. After such a major accumulation phase, breaking out of the range box can signal a significant upward movement. Look for increased volume and RSI entry as confirmations. 📈 Daily Timeframe In the daily timeframe, after exiting our accumulation zone and breaking $4.791, FIL initiated an upward trend that reached $8.082. This highlights the importance of buying with momentum, such as the “break the box” candle marked on the chart. Currently, the price has returned to $4.791, a significant support level that was previously the box's ceiling and resistance but has now turned into strong support. It also aligns with the 0.618 Fibonacci level, further emphasizing its importance. For future purchases in the daily timeframe, the best triggers are $8.082 and $11.559, in that order. A riskier trigger would be the $6.199 breakout, but this carries higher uncertainty. For exits, activating your stop-loss below $3.214 is more logical for now. After breaking $4.791, I might consider opening a futures position. ⏱ 4-Hour Timeframe On the 4-hour timeframe, it seems FIL has faked out the $4.803 support and is forming a V-pattern. This pattern will activate upon breaking $5.217. 📈 Long Position Trigger i would personally take the risk and open one after breaking $5.217, staying aligned with the move. 📉 Short Position Trigger I currently have no plans. However, if FIL gets rejected from this resistance and moves downward again with momentum and volume, I might consider a short position after breaking $4.803. 📝 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
10
Leverage Your Way to Trading SuccessGood morning traders! Today we're breaking down one of the most powerful yet misunderstood concepts in trading - leverage and margin. Think of this like the gym; leverage is your workout equipment, allowing you to lift more than you could with just your body weight. Margin, on the other hand, is like your gym membership fee; it's what you pay to access that equipment. Understanding Leverage and Margin -Leverage: In trading, leverage is about using a small amount of capital to control a much larger position. It's like using a barbell - it amplifies your strength, but if you're not careful, you can hurt yourself. -Margin: This is the initial deposit required to borrow the "barbell." It's your skin in the game, ensuring you don't just run off with the equipment without working out. The Power of Leverage -Amplified Returns: Just like lifting weights can give you bigger muscles faster, leverage can significantly increase your returns if the market moves in your favor. -Access to Bigger Plays: With leverage, you can dive into opportunities that would otherwise be out of your financial reach, like taking on a much heavier weight than you could lift solo. The Risks You Must Navigate -Magnified Losses: Here's where the gym analogy gets real - if you drop that heavy barbell, you're going to feel it. In trading, leverage can make small losses big ones if the market goes against you. -Margin Calls: If your account balance dips below the required level, it's like the gym calling you to say, "Hey, you need more money for that membership!" You either add funds or have to stop using the equipment (close positions). -The Temptation to Overdo It: Just like in the gym, where you might want to lift too much too soon, in trading, leverage can tempt you to overtrade, leading to exhaustion or injury (financial losses). How to Lift with Leverage Smartly -Set Stop-Loss Orders: This is like having a spotter in the gym. Decide beforehand how much weight (loss) you can handle before you need help (exit the trade). -Only Use What You Can Afford to Lose: Never work out with weights that could crush you if they fall. Only use leverage on money you're prepared to part with. -Know Your Limits: Understand how much margin you need to keep your positions open without getting a surprise bill from the gym. -Position Sizing: Start small, like beginning with lighter weights before moving to the heavy stuff. Even with leverage, manage your trade sizes wisely. -Keep Educating Yourself: Just as you'd learn new exercises or techniques in the gym, keep learning about markets and trading strategies. A Gym Session Example Imagine you've got $1,000 to invest, but with leverage, it's like you're trading with $10,000. If the market moves up by 5%, you're not just making a small profit; you're looking at a 50% return on your initial investment. But if it drops by 5%, you're facing a 50% loss, which could knock you out of the gym if you're not ready. Wrapping Up Leverage and margin are like your gym gear - they can make you stronger but only if used correctly. If you're struggling to understand this concept, send me a DM - more than happy to help. If this article helped you, please boost, share, and comment; I truly appreciate it. Kris/Mindbloome Exchange Trade What You See
NYSE:GMEEducation
by Mindbloome-Trading
TradeCityPro | ALGO Unraveling Trends and Forecasting the Next👋 Welcome to TradeCity Pro! In this analysis, I want to examine the ALGO coin for you. Algorand blockchain is one of the layer 1 networks. 📅 Daily Timeframe: Correction and Rest After 375% Growth In the daily timeframe, we have seen a significant price increase from $0.1085 to $0.5138. After bottoming out at $0.1085, coinciding with the breakout of Bitcoin's ATH, it started its movement and after breaking $0.1602, it began its main movement and reached the resistance at $0.5138. 📈 During this movement, due to high momentum and very high buying volume, it easily broke through the very important resistance at $0.3220. Now, after reaching $0.5138, we have entered a market correction phase. 🔍 Currently, after exiting Overbuy, its momentum has decreased and it has corrected to the 0.382 Fibonacci level, which overlaps with $0.3220. It has hit this area several times and each time it has managed to stay above this area, and this support has not yet been broken. 🔽 If $0.3220 breaks, the next areas are the 0.5, 0.618, and 0.786 Fibonacci levels, which we will see how the price reacts to. After these areas, the next supports are $0.1602 and the last support at $0.1085. A break of 41.63 in the RSI increases the likelihood of a correction occurring. 📊 If the resistance at $0.5138 is broken, the next resistance will be $0.7414. Entry of buying volume and a break of 70 in the RSI can help break $0.7414. 📝 Final Thoughts 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
8
TradeCityPro | VET: Decoding Trends & Revealing Hidden Potential👋 Welcome to TradeCity Pro! In this analysis, I will review the VET coin for you. This coin belongs to the VeChain project, one of the well-known crypto projects. 📅 Daily Timeframe: Entering the Golden Zone In the daily timeframe, we are witnessing an upward leg that, after reaching the resistance at $0.07756, has entered a correction phase and is currently moving into the Fibonacci golden zone between 0.5 and 0.618. 🔍 Previously, it seemed that price bottoming at the area of $0.04361, which coincides with the 0.5 Fibonacci level, would occur, but in today's candle, the price is moving towards the 0.618 area and has broken the 0.5 level. ✨ Additionally, the 99-day SMA is reaching the candles, and this area is also an important support zone, so the price might create an Accumulation Zone within this box. If so, the health of the upward trend is preserved, and the price can more easily prepare itself for the next leg. 🔽 If further correction occurs and this PRZ breaks, the next price support area is $0.03294, which nearly aligns with the 0.786 Fibonacci and will be the next support area for the price. Given the break of 41.96 in the RSI, if this oscillator stabilizes below this area, the likelihood of this scenario occurring increases. 🧩 The main trigger currently for a long position is the break of $0.05284, which you can enter upon in both spot and futures as you open your position on this coin. The next trigger is $0.07756, a significant resistance and supply area, and the subsequent resistance will be at $0.09855. 📉For short positions, the best trigger currently in this timeframe is the break of the Fibonacci zone. However, by moving to lower timeframes, you can find more triggers. 📝 Final Thoughts 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
7
Understanding Risk Asymmetry in a Table▮ Introduction With TradingView's new table creation feature , you can easily create and customize tables to enhance your trading analysis and presentations. In this article I'll use it to explain Risk Asymmetry . Trading involves a constant evaluation of risk and reward . One of the critical concepts that traders need to understand is risk asymmetry . This concept highlights how losses and gains are not symmetrical. In other words, the percentage gain required to recover from a loss is greater than the percentage loss itself. This article explores risk asymmetry and illustrates it with a practical example. ▮ What is Risk Asymmetry? Risk asymmetry refers to the disproportionate relationship between losses and the gains required to recover from those losses. For instance, if you lose 10% of your investment, you need to gain more than 10% to get back to your original amount. This is because the base amount has decreased after the loss. Understanding risk asymmetry is crucial for traders because it affects their risk management strategies. Knowing that larger losses require exponentially larger gains to recover can help traders make more informed decisions about their trades and risk exposure. ▮ Illustrating Risk Asymmetry To illustrate risk asymmetry, let's consider an initial investment of $1000. The table below shows the required gain to recover from various percentage losses: Explanation: - Loss (%): The percentage loss from the initial amount. - Value Lost ($): The lost monetary value from the initial amount. - Amount After Loss ($): The remaining amount after the loss. - Required Gain for Recovery (%): The percentage gain required to recover to the initial amount. This table highlights the asymmetry in trading losses and gains. As the loss percentage increases, the required gain to recover the initial amount increases disproportionately. For example, if you lose 50% of your initial amount ( $500 ), it is not enough for you to gain 50% , because the amount left after the loss is $500 , and a 50% gain on the amount of $500 is $250 , which would result in a total amount of $750 with a remaining loss of $250 ! So, the most important question is not how much can I win , but how much can I lose . Curiosity: Why 100% is not applicable (-) in this table? When you lose 100% of your investment, you have lost all your capital. Therefore, there is no remaining amount to recover from, and it is impossible to gain back to the initial amount from zero. This is why the required gain are marked as not applicable. ▮ Conclusion Understanding risk asymmetry can help traders in several ways: 1. Risk Management: traders can set stop-loss levels to limit their losses and avoid the need for large gains to recover. 2. Position Sizing: by understanding the potential impact of losses, traders can size their positions more conservatively. 3. Psychological Preparedness: knowing the challenges of recovering from significant losses can help traders maintain discipline and avoid emotional decision-making. It is one thing to lose 100% of a dollar on a casino bet; it is quite another to lose 100% of a lifetime's worth of capital. Therefore, the larger the capital at stake, the smaller the amount of money that should ideally be risked.
OANDA:SPX500USDEducation
by andre_007
5
TradeCityPro | OPUSDT Starting the Week with a Drop?👋 Welcome to TradeCityPro Channel! Let's prepare our charts during the last hours of the weekend. It’s possible we might see some movement in the coming week, which could likely be bearish. Scroll Down to Check Out the Analytical Chart as Well! 🌐 Overview Bitcoin As always, before starting our analysis, let’s check Bitcoin on the 1-hour timeframe. Even during this holiday, Bitcoin is still just ranging with no significant events, which makes sense as a new structure is needed. I have a feeling that the upcoming week might be red. However, I suspect this short-term bearish wave will turn out to be a fakeout, leading to a reversal back upwards. This is just one scenario, though. Personally, I might open a long position after breaking the $95,323 level, depending on Bitcoin's dominance conditions. 🕵️‍♂️ Previous Analysis In our previous OP analysis, we highlighted our spot trigger, which was after breaking $2.688. However, it was never activated. This, along with the engulfing candle, caused us to stay in the range box, fluctuating within the same zone. 📊 Weekly Timeframe In the weekly timeframe, there isn’t much need for further analysis, as our previous one still holds. However, the weekly candle closing tonight might indicate a continuation of the rejection trend and a move toward the $1.338 support. The decline in volume clearly shows that no one is trading in this market at the moment. 📈 Daily Timeframe In the daily timeframe, we’re also in a daily range box. Currently, after being rejected at $2.681 and triggering the double top with the $2.161 support break, we moved a distance equivalent to a 1:1 risk-to-reward ratio for the double top pattern. Right now, after a heavy rejection at $2.161—which was somewhat a pullback—we are at the $1.749 support. Previously, this level was the daily range box resistance, but it has now shifted and turned into support. Regarding this shift in support and resistance, let me explain a chart detail. Look at the area labeled as "old support" on the chart. This was our previous resistance, but now it has shifted to $2.681, our new resistance. This is because the future (or the right side of the chart) shows two rejections from this area, making it more significant for us. Meanwhile, the $1.749 support aligns with the 0.618 Fibonacci level when measured from the start of the wave, which holds significant importance in Fibonacci analysis. After breaking this level, we could see a move down to the $1.335 support. If you’re holding this coin, it’s recommended to cash out temporarily below $1.335 and look for reentry points in the future. After breaking $1.749, a short position could also be opened. 📝 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
9
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
14
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
13
Risk Management in Trading: Keeping It Simple and Stress-FreeIf you're new to trading, you’ve probably heard the golden rule: “Don’t risk more than 1-2% of your account on a single trade.” Sounds easy, right? But let’s be real—trading is way more than just crunching numbers. Let’s Break It Down 1. Don’t Bet the Grocery Money! 🍎 First things first: Never trade with money you can’t afford to lose. Imagine this—your rent is due next week, but instead of saving, you decide to trade all that cash because you’re feeling lucky. Spoiler alert: That’s not luck—it’s a one-way ticket to Stress City. When you trade money you can’t afford to lose, every market wobble feels like the end of the world. Keep your bills paid and your pantry stocked before you even think about trading. Example: Think of trading like buying lottery tickets. You wouldn’t spend your entire paycheck hoping to hit the jackpot, right? (Well, I hope not!) Treat your trading account the same way. 2. Discipline > Math 🧠 Sure, knowing the 1% rule is cool, but what really matters is sticking to it. Here’s the thing: Losing streaks happen to everyone—even pros. The question is, how many losses in a row can you handle without losing your cool and going all-in on a “revenge trade”? Example: Think of it like a diet. You promise to eat just one cookie, but after a bad day, you eat the whole pack. The same thing happens in trading if you’re not disciplined. One bad trade can lead to a whole bunch of bad decisions. 3. Trading Won’t Pay Your Bills (At Least Not Yet) 💸 Many people dream of quitting their job to trade full-time. Sounds great, but here’s the catch: You need a lot of money to make trading your main income source. The trader in the video suggests keeping a day job while learning the ropes. That way, you’re not relying on trading profits to survive. Example: Imagine opening a lemonade stand, but you only have two lemons. You can’t expect to make enough lemonade to pay rent! Work on growing your “lemon supply” (your trading skills and capital) before you go all-in. 4. Watch Your Trade Count 🕒 Making too many trades in one day is like eating too much junk food—it might feel good at first, but it’ll cost you later. Even small risks add up quickly when you’re overtrading. The pros call this “death by a thousand cuts.” Example: If you take 10 trades in a day, risking 1% each, you’re suddenly risking 10%. That’s like ordering 10 desserts because “they’re just tiny.” Spoiler: It adds up fast. 5. Learn from Poker Players 🎲 Ever watched poker pros on TV? They don’t bet everything on one hand—they manage their “bankroll” carefully, so they don’t lose it all. The same idea works in trading. Lower your position size when things aren’t going well so you can stay in the game. Pro Tip: Want a fun exercise? Use poker chips or fake money to practice “betting” on trades. Seeing your stack shrink will remind you why managing losses is so important. Simple but Powerful Lessons Build a Safety Net: Before you think about trading full-time, save up enough money to cover your expenses for a few months. This way, you can trade without freaking out over every dollar. Learn a Backup Skill: Trading takes time to master. While you’re learning, keep a steady job to support yourself financially. Focus on the Process, Not the Profits: Winning traders don’t obsess over the money—they focus on following their strategy and improving their skills. A Few Quotes to Keep in Mind “Risk management isn’t about numbers; it’s about discipline.” “If losing money makes you panic, you’re trading too much.” “Turn off the profit and loss display—focus on making good trades.” Final Thought: Keep It Chill Trading is like a marathon, not a sprint. Take your time, stick to your plan, and never risk more than you’re comfortable losing. If you approach it with patience and discipline, you’ll not only survive but thrive in the markets. Now, go grab a coffee (or lemonade) and plan your next trade with confidence! ☕🍋 Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Education
by Crypto4light
1
HMSTR Main Trend. Trader's Tactics and Risk Control 01 2025Logarithm. Time interval 1 day. A triangle is being formed, almost in the final phase of its formation. The price is in its lower zone. A breakthrough of the triangle resistance is a big pump, the minimum is its % from the base. ⚠️ It is worth noting that locally there may be a “dump” under the dynamic support of the formation for collecting liquidity. Although, in fact, this has already happened a little earlier. But, if the market allows, this can happen again. Just take this into account in your risk management. It is worth emphasizing, for those who have tolerance, that in the center of the triangle (its integral part) a double bottom with a flat top (projection of forced actions of the market maker) has formed, which, as a rule, has a very positive effect on long-term goals (they are "not" on the chart). There is a local correction of bitcoin and the market as a projection as a whole. A good time to accumulate altcoins . This is one of the candidates for accumulation. You can buy in parts (an acceptable average price is important): 1️⃣ That is, according to the market now, the first zone. 1/3 of the volume. If you are afraid, then wait for a breakout of the triangle , that is, a breakout of the downtrend. You can set trigger orders for a breakout so as not to “freeze” money. If on your exchange, where you trade “dinosaur functionality” (for example, Binance), then in this zone you set a regular stop loss for buying (breakout). 2️⃣ The other part (you set trigger or limit orders) as the price decreases to collect liquidity, depending on the market situation. Zone 2 is the zone where everyone sets a stop loss, that is, everything is the other way around. It is displayed as a capitulation zone. 3️⃣ Third zone — in case of deep price slippage due to low liquidity (optional and unlikely). You simply place a grid of orders. If you use trigger orders , which do not freeze money in the order, then you can also use this volume for a breakout. That is, resistance in the form of a triangle, and in the case of a negative scenario, key resistance levels that will form when the price falls, the breakout of which determines the trend reversal. Linear for trend clarity and formation without market noise. Don't get stuck in the market noise, as well as in the noise of the majority opinions, which is formed by the breath of micro-market movements and news FUD of deception, which forms the anti-logic of the market behavior at the moment, radically, to the opposite, and so many times. If, conditionally, you are isolated from all this meaningless “important”, then as a consequence, you will have: a clear mind, a healthy psyche and many times greater profit over the distance. Always stick to your trading plan and control risks, regardless of the news flow, and the opinions of others who want to convince you and incline you to their "correct" opinion. Your trading plan should not change from the opinion of the majority or "unforeseen market movements". If this is observed, then admit that you have no trading plan (hard work and intelligence), and you hope for luck, like most of those who "give to the market", and in the end you drain your life energy to the “golden Baal”. It will work once, the second time, in the end, the end is still the same - a negative sacrificial emotional explosion and devastation. That is, your luck (Fortune-Tyche-chance) will turn away from you, and emotionally rape your psyche, empty your pocket (a resource for the realization of your desires on merit earlier), and the time previously spent on "I'll risk the last time". If a person deceives himself like this, encourages himself, then the last time turns into a trip with many alternations of stops - "good" / "a little painful", to the final stop, called — "big unbearable pain") ...
by SpartaBTC
4
TradeCityPro | UNIUSDT Delay in Crypto Bullrun👋 Welcome to TradeCityPro Channel! Let’s analyze today’s altcoin during these days when most people are focused on red candles and feeling FOMO, inviting you to stay calm. I have a feeling that these corrections and the previously released interest rates have caused the bull run we have in mind to be slightly delayed, but this event has also increased its probability. 🌐 Overview Bitcoin As always, before starting today’s altcoin analysis, we’ll take a look at Bitcoin in the 1-hour timeframe. We’ve reached the 91830 support level and had a good reaction to it, which further highlights its importance. However, after this reaction, we formed a lower high and got rejected, moving towards this level again. If you pay attention, exchange orders have significantly decreased, and we can say that no one is making any specific trades, with most people waiting. If the 91830 support is broken, we can move toward 86,000 USD , In case of breaking this support and Bitcoin moving downwards, if its dominance is also dropping, it’s a good idea to open a short position on Bitcoin. On the other hand, if Bitcoin dominance is breaking through the 58.11% resistance, altcoins will face sharper declines. 📊 Weekly Timeframe In the weekly timeframe, UNI has a relatively better position compared to other altcoins and has shown good upward movements, which is not unrelated to its excellent DEX platform. The weekly candle for this week will close in 3 days. However, what has happened is that last week’s candle has been engulfed, and a lower high has formed, which could indicate temporary profit-taking. For another entry, this 14.844 resistance, which is currently being rejected, is a good trigger. The main ceiling is 18.865, where you can make your purchase, and your first target would be 42.575. 📈 Daily Timeframe In the daily timeframe, after breaking through the 9.394 resistance, we had a good upward movement reaching 18.664, which has been a profitable move. It was logical to withdraw your initial capital when your investment doubled, leaving the rest of your coins free of charge. After rejecting the 18.664 resistance, breaking the temporary 15.289 support, we moved toward 12.501, and after pulling back to 15.289, we formed a lower high than 18.664 and are now back at this critical support. On the other hand, the 12.501 support zone aligns with the 0.382 Fibonacci level, which is of great importance. If we rebound from here, we can experience a good upward movement. However, breaking this support could lead to lower levels, such as 9.394. The key point about UNI compared to other altcoins is that it is currently above a higher support level than the rest of the market. If we fake out the 12.5 support, it’s a good trigger for entry , If we rebound from this support and break the 15.289 resistance, you can buy with a 12.5 stop loss , If you miss these two triggers, buy after breaking the 18.664 resistance with a confirmed 12.5 stop loss. If none of these three scenarios are activated and the price moves toward lower levels like 9.394, I will update the analysis for you after the downward wave's momentum decreases and provide a new trigger. Breaking the 12.5 support can also serve as a trigger for opening a futures position in lower timeframes, but don’t forget about profit-taking and small stop-losses. Overall, this is a chart worth having on your watchlist. 📝 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
8
TradeCityPro | C98USDT Weekly Candle Engulfing👋 Welcome to TradeCityPro Channel! C98USDT Weekly Candle Engulfing - Downtrend or Continuation? Let’s dive into a scenario where the market is printing red candles, most traders are lost, and FOMO is rampant. Today, we’ll analyze an altcoin for you, and before that, I recommend checking out the money management guide: 🌐 Overview Bitcoin As usual, let’s start by reviewing Bitcoin. On the 1-hour timeframe, BTC was rejected from the 102,135 resistance level and experienced a 10% drop, significantly increasing the 24-hour liquidation volume. This drop also caused Bitcoin dominance to range, leading to a heavier correction in altcoins compared to BTC. If BTC had surged, altcoin losses could have been even deeper. View BTC Chart 📊 Weekly Timeframe C98 is still within its weekly range, oscillating between 0.1056 and 0.4368 for almost two years. While the range percentage is substantial, it doesn’t change its range-bound nature. If you’ve already invested in this coin, you’ve likely experienced frustration as it remains stuck in this box. Two years of idle capital in a high-risk crypto market can be exhausting. Suggestion: Exit your position if it breaks below 0.1056. Currently, the weekly red candle has four days left to close, but it’s sitting on solid support. However, the last two red engulfing candles suggest a potential continuation of the downtrend. If 0.1451 support breaks, the price may drop to 0.1056. Buying Advice: Avoid buying right now. It’s like catching a falling knife—wait for it to hit the ground first. After breaking the 0.1933 resistance, buying could be more reasonable. 📈 Daily Timeframe On the daily timeframe, C98 was rejected from the 0.1902 resistance, which highlights its importance. A break above this level could present buying opportunities. More importantly, let’s focus on the 0.1533 support level, which: Previously served as the top of the daily range , Now acts as a crucial support, forming the 0.618 Fibonacci level. If the market opts for a deeper correction, breaking 0.1533 could lead to a continuation down to 0.786 Fibonacci support at ~0.1272. Personally, I’d prefer if this price level holds because a deeper correction might delay the next bull run and keep us in this range for an extended period. 📝 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
10
TradeCityPro | ICPUSDT Missed the Market Move? Don’t FOMO👋 Welcome to TradeCityPro Channel! Let’s analyze the market during a day when it has finally shown some movement, focusing on coins with clear triggers. 💥 Avoid FOMO The reason we create daily content for this community is to emphasize the importance of analyzing the market daily and identifying triggers before taking trades. This prevents you from acting impulsively and becoming a profit target for others who entered earlier. 🌐 Overview Bitcoin Before analyzing today’s altcoin, let’s quickly review Bitcoin on the 1-hour timeframe. As mentioned yesterday, Bitcoin’s movement was predicted. After breaking the 98606 trigger, a long position with a stop loss at 97343 was suggested, considering the potential for whale-driven moves at higher levels. Additionally, if Bitcoin dominance broke the 57.08 resistance, opening positions on Bitcoin was the preferred approach. Otherwise, a switch to altcoins was recommended. Here’s my position: R/R 3. The triggers I share are the same ones I use in my trades. Remember, not every day requires action! If you missed the move, should you open a long position after breaking 102208? Not yet. While the current timeframe suggests caution due to overbought conditions, you can consider this on the 15-minute chart. My recommendation: focus on identifying altcoin triggers to stay ahead of the market. 📊 Weekly Timeframe ICP has seen a significant move since its support at 2.868, rallying by around 400%. Recently, it has consolidated and established strong support at 6.603, which aligns with the 0.5 Fibonacci level and the 50% Dow Theory level, highlighting its importance. If you entered at lower levels, consider taking out your initial investment or exiting below 6.603. If you bought after the 9.684 breakout, patience is key. Given the potential for an early breakout above 14.879, maintain a stop loss at 6.603. For re-entry, a break above 9.684 signifies a lift-off from the midline of its horizontal range, suggesting a stronger likelihood of breaking 14.879. Increased volume confirmation post-breakout can validate a buying opportunity. Let’s address the fake breakout at 14.879. Unlike the 2.868 level, which saw sustained price action and a move upwards post-daily box formation, the 14.879 breakout was merely a single candle spike followed by an immediate reversal. 📈 Daily Timeframe ICP remains in its large range box, oscillating between 6.691 and 15.22. A sharp move is expected upon breaking either the upper or lower boundary of this range. ICP has already begun moving after breaking its smaller box resistance at 9.834. It has retested this breakout, unlike some coins that re-enter their boxes, underscoring ICP's bullish momentum compared to peers. Currently, ICP faces resistance at 12.409, which was previously ignored but has regained significance. Staying above 11.281 provides an opportunity for small preemptive buys, but the main trigger remains 15.22. ⏱ 4-Hour Timeframe ICP’s chart looks promising, as it has broken out of its 4-hour box and is consolidating below the next resistance level, presenting a potential entry trigger. Drawing Fibonacci levels from the start of the drop reveals reactions at all levels. Currently below 0.618, breaking this level could propel ICP to the 13.697 resistance. Remaining above 11.333 and the 0.382 Fibonacci level highlights the importance of the 12.476 resistance. 📈 Long Position Trigger If you didn’t open a position at 11.333, it’s still fine. Momentum has entered this chart. After breaking 12.476, you can open a long position with a tighter stop. Ensure volume increases and RSI enters overbought territory to manage risk. 📉 Short Position Trigger Currently, I’m not planning any short positions. If 12.476 faces a fake breakout and reverses, I’ll look for short setups in lower timeframes using a fake breakout strategy. 📝 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
16
TradeCityPro | FLOWUSDT New Weekly Move?👋 Welcome to TradeCityPro Channel! Let’s analyze the weekly crypto watchlist together during the final hours of the market holiday. 🌐 Overview Bitcoin Before diving into today’s altcoin analysis, let’s take a quick look at Bitcoin. In the 1-hour timeframe, Bitcoin has broken its trendline but remains below the key resistance level of 98606, which it has been rejected from twice, highlighting its significance. At the start of the new week, I anticipate a potential upward move, likely during the U.S. session. If Bitcoin breaks 98606, a long position can be opened. If Bitcoin dominance is breaking 57.08 simultaneously, long positions on Bitcoin itself are preferable. Otherwise, if dominance faces rejection or forms red candles, a quick switch to altcoins is recommended. 📊 Weekly Timeframe In the weekly timeframe, this altcoin, like most of the crypto market, is still in its range box, continuing its oscillation within this boundary. After breaking 0.674, FLOW attempted to reach the range’s upper boundary but faced rejection. Even RSI was rejected at 70, preventing FLOW from reaching the resistance at 1.460. On the positive side, during this pullback, the volume of red candles decreased, and FLOW is now at a previous resistance-turned-support level, suggesting the potential for a rebound. Keep in mind that the main support level is 0.463. If it breaks, exiting this coin would be wise. A re-entry can be considered upon a breakout above 1.460 with momentum confirmation. 📈 Daily Timeframe In the daily timeframe, after a fake breakdown below the key support level of 0.509, FLOW bounced back strongly, initiating a move toward the resistance at 1.169. If we use Fibonacci levels (ignoring fakeouts), the 0.7 level emerges as a key support. It acts as a previous resistance-turned-support and aligns with the significant 0.618 Fibonacci retracement level. The 0.7 level has been tested twice, with the price bouncing each time. If FLOW breaks 0.809, it could start a move toward 0.969 and eventually 1.169. For spot buying, wait for a breakout above 0.809, with: Risky Stop-Loss: 0.7 Conservative Stop-Loss: 0.509 For futures trading, consider a position after a breakout above 0.809. The resistance level at 0.809 is crucial, offering a solid opportunity for both spot and futures trades. 📝 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
6
TradeCityPro | ETCUSDT Still Ranging in the Box!👋 Welcome to TradeCityPro Channel! Let’s analyze Ethereum Classic during the market's holiday period, where we saw some movement. We’ll review the triggers together. 🌐 Overview Bitcoin Before diving into today’s altcoin analysis, as usual, let’s check Bitcoin in the 1-hour timeframe. Bitcoin is still under a descending trendline. Once this is broken, it can move toward 98599, and after that, to 99443. It’s better to open or maintain positions after breaking 99443, as volatility is expected to increase at higher levels. Whether I open a long position after breaking the trendline or resistance at 98599 depends on Bitcoin dominance. If Bitcoin dominance shows a red candle at the time of the breakout, I’ll focus on altcoins or BTC pairs. If it’s green, I’ll prefer Bitcoin itself. This could lead to another wave movement. 📊 Weekly Timeframe It feels like we’re analyzing forex charts—completely ranging! This is normal given Ethereum Classic’s mining-related dynamics and the heavy movements associated with it. For around 1100 days, this coin has been ranging within a large 130% box. Without a proper trigger, investing in this range might have tied up your capital, especially when other projects provided much higher returns over the same period. This highlights the risk of entering the market without a trigger. If you’re holding ETC and want to set a stop-loss, you can exit if a weekly candle closes below 14.68. For re-entry, the box top trigger at 36.58 is an excellent option. Since ETC is rebounding from the box’s midline, the likelihood of breaking the top is higher. The 24.78 support level can serve as a suitable stop-loss for box breakout attempts. 📈 Daily Timeframe ETC has been performing well since breaking the daily box top at 20.92. It moved from the box’s bottom to its top, emphasizing the 38.24 resistance even further. The $25 level currently serves as the most crucial support, coinciding with the weekly box’s midline. Staying above $25 indicates a higher low and a rebound from the channel’s midline, reflecting stronger buyer activity. This could lead to testing 38.24 again and possibly breaking it. If you bought after the 20.92 breakout, your stop-loss should be below 17.55, with some profits already secured. If you haven’t acted yet and if resistance at 28.49—better yet, 30.20—causes a rejection and forms a lower high, consider exiting below $25 and look for new triggers later. For re-entry, breaking 28.49 is a potential entry point, but your main entry should be after breaking 38.24, with momentum and increased volume supporting it. ⏱ 4-Hour Timeframe ETC belongs to the group of coins that didn’t break their 4-hour resistance and box top yesterday, possibly setting up futures positions next week. 📈 Long Position Trigger The rejection from 28.49 clearly defines the trigger. Open a long position after breaking this resistance or after the RSI breaks 72.58. 📉 Short Position Trigger The main trigger at 24.92 is quite distant. However, if the 28.49 resistance turns out to be a fake breakout, you can use the fake breakout strategy. Look for the first trigger in lower timeframes to open a short position. 📝 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
9
SPX6900: A Bull Run StoryThings have gotten wild with SPX6900! Since we last checked in, the price has absolutely exploded. It's been a thrilling ride, and our WiseOwl strategy has been paying off handsomely. We've already locked in a cool 70% gain, thanks to the initial buy signal and a well-placed trailing stop to protect our profits. The story behind SPX6900 is pretty compelling, and it seems to be resonating with the community. If you're in it for the long haul, this could be a really interesting project to hold onto. The community is buzzing, with over 60k followers on X and some big names in crypto lending their support. Of course, we can't get carried away. The crypto world is a rollercoaster, and things can change in a heartbeat. But for now, the momentum is strong, and SPX6900 is definitely one to watch. If this keeps up, we could be looking at some serious gains in the coming year. But remember: This is crypto we're talking about. Do your own research, understand the risks, and never invest more than you can afford to lose. Let me know what you think!
RAYDIUM:SPXSOL_9T1H1U.USDLong
by TraderOuss_LumaNex
TradeCityPro | MEMEUSDT Potential Breakout from the Range Box👋 Welcome to TradeCityPro Channel! Let’s dive into analyzing our coins in the current market conditions to identify potential triggers before the next move begins. 🌐 Overview Bitcoin Before starting today’s altcoin analysis, as usual, let’s first check Bitcoin on the 1-hour timeframe. Bitcoin has finally initiated a wave, breaking through the 95753 resistance. However, I’m not fond of the volume in these recent candles, and it needs to increase. You can consider opening positions upon entering the overbought zone. Additionally, today saw a short-term wave with some green candles, accompanied by a decline in Bitcoin dominance. Now, as Bitcoin prints green candles, its dominance is also rising, indicating that the next wave moving toward Bitcoin’s peak might come with increased dominance. 📊 Weekly Timeframe On the weekly timeframe, the altcoin MEME rejected the top of the range and the significant 0.01790 resistance, pushing it back toward the range’s bottom. The buy trigger hasn’t activated yet, and this rejection has made the trigger even more critical. If you’re interested in buying this altcoin, consider adding it to your mid-term portfolio after breaking 0.01790. If you’ve already bought at any level on this chart, it’s logical to exit and cut losses if the range’s bottom breaks. A break below 0.00997 would suggest forming new lows, so it’s better to liquidate and look for a fresh trigger later. 📈 Daily Timeframe On the daily timeframe, following a heavy rejection from the 0.1795 resistance, MEME returned to the range, resulting in continued oscillations within this area. We must consider that, price-wise, the market is at a logical level for buying. However, time-wise, it might range here for a while before starting a potential upward move. This makes it somewhat reasonable to take small spot risks during these days. Based on the above, you can make a risky buy at 0.01132, with a stop-loss at 0.00861, after breaking the level. However, personally, I’ll hold onto liquidity for lower levels. For example, if I have 30% of my funds in cash, any purchases I make here would amount to just 5% overall, assuming stop-losses are hit! For a more logical entry, I’ll monitor for a break above 0.01795. ⏱ 4-Hour Timeframe On the 4-hour timeframe, MEME has been ranging for days within the 0.01007–0.01139 box. A breakout from either side of this range will provide a clear trigger without bias. 📈 Long Position Trigger the rejection at the 0.01139 resistance has increased its significance. Once this level breaks, I’ll open a futures long position with a large stop-loss at 0.01. 📉 Short Position Trigger momentum can be tracked on lower timeframes, and positions can be opened with triggers on these smaller timeframes. The 0.01 support level could be used for a small stop-loss and low-risk, quick profit management. 📝 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
19