Smcanalysis
SOLUSDT: Price is likely to continue to rise! SOLUSDT: Our previous analysis of SOLUSDT was conducted when the price was at $20. Given the current bullish sentiment in the cryptocurrency market, we believe that the price will continue to rise. Our revised target range is $240 to $300. However, due to the low trading volume during the Easter holidays, we recommend waiting for the market to return to normal volume before executing any trades. Please note that this analysis is specific to SOLUSDT and should not be compared to our previous analysis of BTCUSD, as the market dynamics and biases are different.
Smart Money Concept for 1000Bonk/USDT.P In the dynamic world of cryptocurrency trading, precision and foresight are paramount. Our analysis of 1000Bonk/USDT.P reveals an intriguing opportunity rooted in the Smart Money Concept (SMC), providing a roadmap for potential gains amidst market fluctuations.
Over the past day, 1000Bonk/USDT.P has surged to considerable heights, but signs indicate an impending downturn, albeit the timing remains uncertain. Leveraging the principles of SMC, we pinpoint an entry point at 0.024720. This selection aligns strategically with a 4-hour fair value gap (FVG), presenting an opportune moment to enter the market.
To mitigate risk, we implement a stop-loss (SL) at 0.023544, positioned 0.8% below the 4-hour FVG. This precautionary measure serves as a safeguard against adverse movements, preserving capital in the event of unexpected market shifts.
Our take-profit (TP) strategy is finely tuned to capitalize on market dynamics. We identify a TP level of 0.031182, strategically located at a bearish Order Block (OB). This targeted approach ensures that potential gains are maximized while maintaining a disciplined exit strategy.
Furthermore, traders are encouraged to exercise flexibility in managing their positions, with the option to scale out profits or adjust TP levels based on evolving market conditions. By integrating adaptability with strategic analysis, traders can optimize their returns and navigate the complexities of cryptocurrency trading with confidence.
Wave structure of SUN coin in week time frameWeek is swing pullish => current is pullback dow
Day is swing pullish => current is pullback dow
4H is swing pullish => current is pullback dow
M15 is swing bearish
Currently, the price has reached the top of the weekly frame of the internal wave
Therefore, the price will have a downward pullback before continuing to increase
Buy when the wave structure of the 15 minute time frame turns bullish
USDCHF: View on daily timeframe, we are neutral. FX:USDCHF last few month price has been bearish all along as CHF remain strongest in the situations where war and other economical conflicts affects in global financial market. We are still not sure about future trend of this pair, as strong bullish price action yet to be seen.
However, the big amount of volume was accumulated at lower low of thursday which suggest a possible correction can occur. We would advice you to use smaller timeframe to have a better and safer bias.
Good Luck and Trade Safe
#USDJPY: Possible 600 Pips Bullish Move Expected | It is on DXY|Happy weekends Everyone!
FX:USDJPY it had created higher and then dropped to fill the order blocks, now price is at very critical area, if DXY remain bullish next week we can see a nice and clean 600 bullish move. For JPY, it is already bearish and will likely to remain bearish next week as the current economic conditions are not stable. Currently, what we expecting , watch for price to come down to our area then we advise you to take buy entry with 70-100 pips max and set tp at 147-149-151 as followed.
Good luck and trade safe, remember to trade safe and use strict risk management.
#CADJPY: Major Swing Selling Opportunity, 300 Pips Expected! Dear Traders,
Cadjpy was extremely bullish in January since Yen plummeted to record low, making it easier for all jpy pairs to rise to the new level. However, since february Yen has started to recover and it is expected to remain bullish for entire march.
Right now, We are looking at price to come to our area of entry and reject it from there, with possible 300 pips selling opportunity can be targeted. Using of Accurate Risk Management is advisable and protect your capital at all time. Only take this idea as your bias.
Good Luck and Trade Safe!
USDJPY: First Entry dropped 400 pips, Focusing on ReentryDear Traders,
OANDA:USDJPY first entry dropped successfully 400 pips, now there is possibility of price filling up the liquidity and dropping from that region. Bullish price will likely to push the price up to our area of entry where price will fall strongly. Use accurate stop loss and take profit as described in our chart, if you have any doubt or finding it hard to understand something, please leave a comment.
good luck and trade safe as always
#XAUUSD:800+ Pips Possible Selling Opportunity, What you think? Gold touched 2195$ and then dropped, price have ranged between 2150 to 2170, in our latest bias; we observe a huge volume of sellers entering in the market. Which is why we think selling in the current market condition can give us an excellent opportunity for 'swing selling'.
Use accurate risk management which is demonstrated in the chart use the red lines for entry and exit and use the arrow for take profit. Total of 800 pips that we are targeting, however we advise to close the trade when you are satisfied with it. Good Luck and Trade Safe.
Please like and comment our ideas which will gives us encouragement to publish more educational chart analysis.
AUDCAD: Big Buying Opportunity, Do not miss out! AUDCAD has shown extreme bullish price action, currently we are seeing some correction and price is likely to drop to our region and bounce straight up from that area of entry. Possible helping us gain 300-500 pips from the move. Use accurate stop loss and take profit.
BTCUSDT: First 80K and then 100K, Wait for the major correction!BINANCE:BTCUSDT first and second entry had activated and price moved exactly the way we had explained. Now we are expecting price to hit 80K and then do major correction and then bounce from our third entry and hit the area of 90K and 100K. Price may not make major correction and continue the bullish movement.
good luck and trade safe.
#AUDUSD: 500 pips buying opportunity with great Risk to Reward.AUDUSD, currently trading at the perfect area to take a swing buy entry, we already have two entries which are currently active. This can be a third entry, which is available to take right now with 100 pips stop loss and 700-800 pips as in take profit. Waiting for price to be extreme bullish in soon time.
Trade safe!