FLOCKUSDT: Can Bulls Hold After a 60% Slide?Introduction :
The cryptocurrency market never rests, and today, all eyes are on FLOCKUSDT, currently trading at $0.1439, down a sharp 60.88% from its all-time high of $0.3679 set just 16 days ago. After bouncing 29.17% from its absolute low of $0.1114 just five days ago, the question looms: is the asset primed for recovery, or are sellers merely taking a breather?
Technical indicators present a mixed narrative. The RSI14 sits at an oversold 29.81, signaling potential upward momentum, but MFI60 at 44.23 suggests a lack of significant inflows. Meanwhile, the MA50 has dipped below the price, currently at $0.1611, posing a looming resistance zone.
Adding to the intrigue, recent candlestick patterns, such as "Sell Volumes Take Over," indicate heightened sell pressure, yet directional cues hint at bullish reversals. With resistance looming at $0.1757 and strong support at $0.1355, the stage is set for a decisive move.
Could this be a pivotal moment for traders to capitalize on a reversal? Or does the market have further downside risk before a meaningful bounce? Either way, this could be the key moment to act, as the opportunity may not wait for long. Stay tuned for the in-depth breakdown.
Roadmap of Recent Patterns: FLOCKUSDT Action Sequence
Sell Volumes Take Over (2025-01-26 11:00 UTC)
The session started with a "Sell Volumes Take Over" pattern, hinting at a Buy direction. This was validated as the price ticked up slightly, opening at $0.1459 and closing at $0.1461, above the low of $0.1432. While movement was minimal, the bulls attempted to reclaim momentum.
Increased Sell Volumes (2025-01-26 10:00 UTC)
A bearish setup followed, forecasting a Sell. Price action aligned with this, as it opened at $0.1460, dipped to $0.1453, and closed marginally lower at $0.1459. Bears gained slight traction, confirming the pattern’s effectiveness.
Increased Sell Volumes (2025-01-26 04:00 UTC)
The selling spree continued, with another Sell setup. However, the low remained consistent at $0.1481, suggesting consolidation. The lack of strong directional movement hinted at the market waiting for a more decisive trigger.
VSA Buy Pattern Extra 1st (2025-01-25 12:00 UTC)
This pattern marked a pivotal point, suggesting a Buy movement. The price closed at $0.164, slightly higher than its open of $0.1651, signaling accumulation and anticipation of a bullish breakout.
VSA Manipulation Buy Pattern 3rd (2025-01-23 09:00 UTC)
This powerful Buy pattern forecasted a strong upside. The price soared from $0.2048 to $0.2251 within hours, breaking resistance and confirming the main direction. Bulls dominated, as the predicted movement unfolded with textbook precision.
Sell Volumes Take Over (2025-01-23 05:00 UTC)
Despite a Buy setup forecast, the price trajectory shifted to a retracement phase. Closing at $0.2251, this marked the beginning of consolidation, showing the pattern’s partial alignment.
Increased Sell Volumes (2025-01-23 04:00 UTC)
This Sell pattern demonstrated textbook accuracy as the price opened at $0.2246 and fell to $0.2135, confirming bearish pressure.
Increased Buy Volumes (2025-01-23 03:00 UTC)
A Buy direction emerged, and the price shot up from $0.2137 to $0.2246. This movement strongly aligned with the predicted direction, showcasing an excellent opportunity for short-term bulls.
Technical & Price Action Analysis
Support Levels:
0.1355 – A key area for buyers to step in. If it doesn’t hold, expect it to flip into resistance.
0.1257 – The last line of defense before sellers take full control.
Resistance Levels:
0.1757 – A significant ceiling for bulls to conquer; failure here means this level becomes a hard barrier.
0.2525 – Watch closely; breaking this could ignite strong momentum.
0.2829 – A formidable wall for buyers; bears likely waiting to defend.
0.3042 – If bulls reach here, it’s a breakout or bust situation.
Powerful Support Levels:
Currently, no additional zones stand out, but stay alert for any emerging price action signals.
Powerful Resistance Levels:
None observed at the moment, leaving room for price discovery if major resistance levels are breached.
Note:
If these levels fail to hold or break, expect them to act as reversal zones, flipping from support to resistance or vice versa. Use these levels to plan entries and exits, and don’t forget to manage your risk – the market loves to test traders' resolve!
Concept of Rays: Precision in Probabilities
Optimistic and Pessimistic Scenarios
Optimistic Scenario:
If price interacts with the 0.1355 support level, marked by a descending Fibonacci ray, and shows a bullish confirmation, the movement is expected to test the next ray intersecting at the 0.1757 resistance level. This would serve as the first target, with subsequent moves aiming for 0.2525 and 0.2829, correlating with additional ray intersections.
Pessimistic Scenario:
If price fails to hold at 0.1355 and breaches downward, interaction with the next Fibonacci ray near 0.1257 may indicate continuation of the bearish momentum. In this case, price could trend lower, with further ray intersections marking potential interaction zones for reversals or corrections.
How Rays Work in Practice
Fibonacci Rays are dynamic tools that adjust based on emerging patterns, enabling real-time tracking of price movements. When combined with Moving Averages (MA50: 0.1611, MA100: 0.1765), these rays become more predictive by indicating areas of confluence where price momentum is likely to shift.
The key principle is to monitor price interaction with the rays. Once price touches a ray and confirms direction with a dynamic factor (such as candlestick patterns or volume spikes), traders can position for movement toward the next ray or level. Each ray-bound move represents a minimum target, with further levels extending the trade’s profit potential.
Suggested Trades
Long Trade from 0.1355 to 0.1757: Look for bullish interaction at 0.1355 and confirmation through volume analysis (VSA). Target the ray at 0.1757 as the first milestone.
Short Trade from 0.1757 to 0.1355: If price rejects 0.1757 and bearish patterns emerge, this could signal a reversal back to 0.1355.
Long Trade from 0.1757 to 0.2525: A breakout above 0.1757, confirmed by interaction with ascending rays and a crossover of MA50 and MA100, targets 0.2525 as the next ray-defined resistance.
Short Trade from 0.2525 to 0.1757:** Failure to sustain above 0.2525 could lead to a retracement back to 0.1757, presenting a swing opportunity.
Dynamic Levels in Context
These levels are projected on the chart, visible alongside the VSA Rays. The interplay between price, rays, and moving averages provides a high-confidence framework for trading decisions. Remember, position entry is most effective post-interaction with rays and the onset of movement. Trades are managed step-by-step from one ray to the next, ensuring clear targets and minimal risk.
Flexibility in scenarios empowers traders to adapt to market dynamics while aligning with the structured insights provided by Fibonacci Rays.
Trading is all about understanding key levels and making informed decisions, and I’m here to help you navigate that. If you have questions or need clarification, drop them right in the comments—I’ll be glad to respond!
If this idea resonates with you, don’t forget to Boost it and save it for later. Tracking how price reacts to the levels I’ve outlined is one of the best ways to learn and improve your trading strategy.
The rays and levels you see in this analysis are automatically plotted using my custom indicator. It’s available privately, so if you’re interested in using it, feel free to reach out via direct messages—I’ll be happy to share details.
Have another asset in mind? Let me know in the comments! I can create a detailed analysis, either publicly for everyone’s benefit or privately, if you’d prefer to keep your strategy confidential. The rays work on all assets, and I can tailor them specifically to your needs.
Finally, if you find value in my ideas and want to stay updated, make sure to follow me here on TradingView. This is where I publish all my insights, and I’d love for you to be part of the journey.
Trade smart, stay informed, and let’s grow together! 😊
Short
A New Dawn or a False Start? PENGUSDT at Critical LevelsHere’s a captivating Catchy Introduction based on the data provided:
A New Dawn or a False Start? PENGUSDT at Critical Levels
PENGUSDT is teetering on the edge of its absolute low, currently trading at $0.0304, just 1.3% above this pivotal level. After a sharp -96.8% deviation from its all-time high, the asset is poised for either a revival or a deeper dive. The RSI14 rests at 28.7, signaling oversold conditions. Add to this a series of buy-pattern formations like the VSA Manipulation Buy Pattern 4th, and we might just be witnessing the calm before the storm.
With fundamental drivers like macroeconomic uncertainties and bearish momentum waning, the big question looms: is this the perfect bounce-back opportunity or a prelude to another fall? Today marks a key inflection point, and traders must stay sharp to capture potential swings. Are you ready to ride the next wave?
Roadmap: The Untold Story of PENGUSDT's Reversal Patterns
Let’s dive into the fascinating sequence of PENGUSDT’s recent trading journey, dissecting its key patterns and confirming whether the forecasted directions truly hit their mark. Strap in, traders—this is where the past meets the present, offering hints of what might come next.
Step 1: VSA Manipulation Buy Pattern 4th (2025-01-25 03:00 UTC)
Forecasted Direction: Buy
Action: This pattern hinted at a bullish breakout as it formed at $0.03334, with a close at $0.03400.
Confirmation: The subsequent pattern stayed true to the forecast, with prices holding above $0.03361—a testament to the buy signal’s reliability.
Step 2: VSA Manipulation Buy Pattern 3rd (2025-01-25 01:00 UTC)
Forecasted Direction: Buy
Action: Prices danced within a narrow range of $0.03322 to $0.03406, affirming a consolidative phase.
Confirmation: True to its bullish call, the market’s next pattern edged higher, confirming traders’ confidence in its upward momentum.
Step 3: VSA Buy Pattern Extra 1st (2025-01-26 12:00 UTC)
Forecasted Direction: Buy
Action: As expected, prices climbed to $0.03033, rebounding slightly from the critical support near $0.03001.
Confirmation: While modest in its upward trajectory, the pattern aligned with its bullish forecast, signaling renewed strength.
Step 4: Increased Sell Volumes (2025-01-24 10:00 UTC)
Forecasted Direction: Sell
Action: A steep decline from $0.04153 to $0.03586 validated the bearish call.
Confirmation: The sharp drop set the stage for subsequent buy signals, making this sell-off a crucial pivot point for trend reversal enthusiasts.
Technical & Price Action Analysis: Key Levels to Watch
In the ever-shifting landscape of PENGUSDT, staying ahead means keeping a laser focus on critical support and resistance levels. These price zones are your GPS for navigating trades and pinpointing potential reversals or breakouts. Here’s the cheat sheet:
Support Levels No data for regular support levels was identified. Stay vigilant—missing levels might indicate upcoming volatility.
Resistance Levels 0.05364: The first hurdle on the way up. If breached, it opens the door for further bullish movement. 0.05545: A key checkpoint that could serve as a magnet for price action. 0.07523: Bulls will be eyeing this level as a potential breakout trigger. 0.07865: Strong resistance that could dictate market sentiment. 0.08409: A psychological barrier; breaking this could signal a strong trend reversal.
Powerful Support Levels 0.05504: This level has significant weight—any failure to hold here could lead to a shift in sentiment. 0.4173: A major safety net for longer-term positioning, though far from current price action.
Powerful Resistance Levels No specific data available for powerful resistance, but keep an eye on price reactions near key psychological thresholds.
Key Takeaway : If any of these levels fail to hold their ground, they’re likely to flip into resistance, acting as a ceiling to upward price action. The market never lies, and these price zones are where the real action unfolds.
Stay nimble, traders, and remember—respect the levels, or the market will humble you!
Trading Scenarios: Optimistic and Pessimistic Pathways
Dynamic factors such as Moving Averages (MA50, MA100, MA200) reinforce the reliability of these rays, with VSA patterns providing an additional layer of confirmation. Here’s how the scenarios play out:
Optimistic Scenario: Rebound and Bullish Momentum
Key Entry Level: $0.03033 (Actual Price)
Price interacts with the ray near this level, showing signs of bullish activity supported by the MA50 ($0.0331). An upward trajectory could target:
First Target: $0.05364 (Resistance Level 1)
Second Target: $0.05545 (Resistance Level 2)
Third Target: $0.07523 (Higher Resistance)
Confirmation: Look for VSA Buy Patterns aligning with the dynamic ray and MA support to validate the bullish trend.
Pessimistic Scenario: Breakthrough and Bearish Continuation
Key Breakdown Level: $0.03001 (Absolute Low)
If price fails to hold the ray and breaches the absolute low, bearish momentum could dominate. Targets on the downside include:
First Target: $0.029 (hypothetical overshoot below Absolute Low)
Second Target: Reassessment after breakout.
Confirmation: A combination of sell volume spikes and price crossing below MA100 ($0.0433) solidifies the bearish outlook.
Suggested Trades: Practical Applications
Trade 1: Long from $0.03033 → Target $0.05364
Comment: Strong bullish move expected from the ray interaction supported by MA50.
Trade 2: Short from $0.03001 → Target $0.029
Comment: Breach of absolute low signals potential for significant sell-off.
Trade 3: Long Breakout at $0.05364 → Target $0.05545
Comment: Clear confirmation of trend continuation to next ray.
Trade 4: Short Rejection at $0.05364 → Target $0.03033
Comment: Strong resistance at the ray level triggers a bearish reversal.
Key Takeaways
The interaction of price with Fibonacci Rays, Moving Averages, and VSA patterns offers high-probability setups.
Enter positions after interactions with rays and validation by dynamic factors like MAs.
Each ray serves as a roadmap, with price likely traveling from one ray to the next—your first target is just the beginning.
This approach combines the precision of Fibonacci Rays with the adaptability of dynamic market analysis. Plan your trades, respect the rays, and let the market reveal its hand!
Let’s Keep the Conversation Going!
Got questions? Drop them in the comments—I’d love to hear your thoughts and help you navigate these key levels. Your feedback and curiosity keep the trading community thriving, so don’t hold back!
If this analysis resonates with you, don’t forget to Boost and save this idea. Check back later to see how price action unfolds around my marked levels—because the essence of trading is understanding those pivotal points that make or break a trade.
By the way, the rays and levels in this analysis are drawn automatically by my proprietary indicator-strategy. It’s available privately—if you’re interested in accessing it, feel free to send me a message, and I’ll walk you through the details.
Need a custom analysis for your favorite asset? Let me know in the comments! Some ideas I can share publicly, but if you prefer to keep your strategy private, we can discuss tailored solutions. The rays work across all markets, and I’d be happy to provide a personal markup for any asset you’re trading.
Lastly, if you’d like to see more content like this, make sure to follow me here on TradingView. This is where I share all my insights, strategies, and updates. Let’s build a strong trading community together—one idea at a time! 🚀
Euro can enter to seller zone and then drop to support lineHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price a few moments ago price entered to wedge and started to decline, but firstly it entered to seller zone and then bounced down. In a short time, the Euro declined to the support level, which coincided with the buyer zone, and soon broke this level and fell to the support line of the wedge. Then the price turned around and started to grow. Euro quickly rose to the support level, broke this level one more time, and made a retest, after which rose a little more. After this movement, the EUR some time traded near the support level until it reached the support line of the wedge and then bounced up from this line to the resistance level. When Euro reached this level, it corrected and then continued to move up to the seller zone. When the price entered to this area, the Euro some time traded inside and later reached the resistance line of a wedge, after which rebounded down. Price broke the 1.0420 level and continued to fall. At the moment, the price is traded below this level and I think that the price can fall to rise to the seller zone and then drop to the support line of the wedge. After this, the Euro can exit from this pattern, make a retest, and continue to decline to the support level. So, that's why I set 1st TP at 1.0350 points and 2nd at the 1.0260 level. Please share this idea with your friends and click Boost 🚀
EURUSD: Short Trade Explained
EURUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURUSD
Entry Point - 1.0491
Stop Loss - 1.0534
Take Profit - 1.0395
Our Risk - 1%
Start protection of your profits from lower levels
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GBPUSD Is Very Bearish! Sell!
Here is our detailed technical review for GBPUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.247.
Considering the today's price action, probabilities will be high to see a movement to 1.240.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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NZDCAD Is Going Down! Short!
Take a look at our analysis for NZDCAD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.819.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.809 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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BITCOIN BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
It makes sense for us to go short on BITCOIN right now from the resistance line above with the target of 96,962 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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AUD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
Previous week’s green candle means that for us the AUD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.566.
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GBP/CAD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
GBP/CAD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 1.779.
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NATGAS A Fall Expected! SELL!
My dear followers,
I analysed this chart on NATGAS and concluded the following:
The market is trading on 3.981 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 3.750
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
EURUSD Under Pressure! SELL!
My dear friends,
Please, find my technical outlook for EURUSD below:
The price is coiling around a solid key level - 1.0473
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.0393
Safe Stop Loss - 1.0518
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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NZDJPY: Short Signal with Entry/SL/TP
NZDJPY
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell NZDJPY
Entry - 89.069
Stop - 89.647
Take - 88.133
Our Risk - 1%
Start protection of your profits from lower levels
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GBPAUD A Fall Expected! SELL!
My dear subscribers,
My technical analysis for GBPAUD is below:
The price is coiling around a solid key level - 1.9685
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.9658
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
GBPUSD: Bearish Continuation is Expected! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GBPUSD pair price action which suggests a high likelihood of a coming move down.
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GBP/CHF BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP/CHF is making a bullish rebound on the 12H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.104 level.
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