Supply and Demand
KAIAUSDT - Technical Analysis and Trading Plan
Market Overview
KAIAUSDT has shown a strong bounce from the lower boundary of the descending channel, with signs of a potential trend reversal. The price is attempting to break the structure, and the target is set at 0.3997.
Key Observations
1. Descending Channel:
- KAIAUSDT has been trading within a descending channel for a significant period.
- A breakout above the channel will confirm bullish momentum.
2. Entry and Stop-Loss:
- Entry is identified around 0.2282, aligning with a rebound point.
- Stop-loss is placed at -5%, below the recent low, to minimize risks.
3. Take-Profit Level:
- The first target is highlighted at 0.3997, which aligns with prior resistance levels.
4. Bullish Momentum Signs:
- Price has been forming higher lows near the lower boundary of the channel, indicating potential accumulation.
Momentum and Indicators
1. Volume:
- Increased buying volume near the lower channel boundary indicates strong bullish interest.
2. Projection:
- If the price sustains above the entry level and breaks the channel, further upward momentum is expected.
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Trading Plan
1. Entry Points:
- Enter around 0.2282, as the price is showing signs of reversal.
2. Stop-Loss:
- Set a stop-loss at 5% below the entry level to manage risks effectively.
3. Profit Targets:
- Primary Target: 0.3997, as highlighted on the chart.
4. Risk Management:
- Avoid over-leveraging and risk no more than 2% of total capital on this trade.
Scenarios
1. Bullish Scenario:
- Price breaks out of the descending channel and continues toward the target of 0.3997.
2. Bearish Scenario:
- Failure to sustain above 0.2282 may lead to a retest of lower levels within the channel.
Pro Summary
KAIAUSDT is showing potential signs of a bullish reversal, supported by the channel pattern and volume analysis. Traders should monitor the breakout confirmation while aligning their trades with the defined entry, stop-loss, and target levels.
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DYOR (Do Your Own Research)
This analysis serves as an overview of potential trading strategies and market behavior but is not exhaustive. Traders are encouraged to perform additional analysis to make informed decisions.
Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Trading cryptocurrencies and other financial instruments involves risks, including capital loss. Always consult a financial advisor before making investment decisions.
BTC.D Analysis: Retest of Key Area Highly LikelyBitcoin Dominance Looking
Bitcoin dominance looks very strong but BTC has entered the range. So I think dominance may follow a calmer course for a while, a few coins that have separated from the herd may make good moves in these few days, but it is too early to claim that the general atmosphere is completely bullish, because SP500 seems to be making a deep correction and is giving signals of this. I do not buy anything during the New Year, and I will not buy, but then I will spend all of these corrections with buying because I believe that 2025 will be good.
A retest of this area in BTC.D (Bitcoin Dominance) seems very possible based on current market behavior. This level holds significance as a potential reaction zone for further movements.
Also, I see no point in saying that this view of dominance supports the blue box analysis I shared here:
Because when BTC goes down to blue box we will see an upside move on dominance then we blue box of dominance chart will support the price, we will see an upmove on both.
Key Points:
Current Setup: BTC.D is approaching a critical area of interest.
Retest Likelihood: Market dynamics suggest a probable revisit to this zone.
Focus: Monitoring the reaction at this level for future directional clarity.
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
No Matter How Far You Fly, You Will Return SUI!No matter how far you fly, you will return to my primary demand zone, SUI.
While SUI is showing very nice increases, it is also active in terms of volume, there are buyers inside, but they are slowly running out, you see long wick candles, the reason I skipped the first demand zone is that everyone will be waiting there and such zones are directly skipped in dump situations of the market.
You saw this in the recent dump, in all my analyses, I wrote in 10 different analyses that dumps could come, and therefore the first box should not be used without approved upward breakouts. In fact, I did not give the first boxes in many analyses at the risk of being left out. That is why 10 of the 15 demand zones I shared came as points and are at an average of 15% profit. Right now, I pulled the stop of all of them to the entry and took my profit.
I will be patient for SUI because I did not act early. If you could not get it at cheap prices, your only solution is to be patient. If you cannot be patient, unfortunately, you cannot be a hunter. Maybe you hunt a few things by chance, but in the end you will be hunted.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
Gold entered into a bearish structure after breaking channelHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD is in bearish directionHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPUSD is in the Selling DirectionHello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
SFPUSDT %132 Daily Volume SpikeSFPUSDT Analysis: Significant Volume Spike and Potential Move to Fresh Zones
There is a 132% daily volume increase in SFPUSDT, making it worth examining.
Currently, the price has almost exhausted the demand zone it recently reacted from. I believe it may now look for fresh demand zones at lower levels for the next significant reaction.
Key Points:
Volume Surge: 132% daily increase indicates strong activity.
Exhausted Zone: Demand zone has been nearly fully utilized.
Next Move: Watching for a potential test of fresh demand zones below.
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
BNBUSDT Analysis: Potential Trap at a Regular Support LevelThere is a very regular support level on BNBUSDT, which appears too consistent to be trusted. This kind of setup often acts as a trap for buyers , enticing entries before breaking down.
I plan to go long if the support is broken and price reaches my blue box zone for an optimal entry. This zone represents a strong area of interest where I anticipate a reversal back upward.
Key Points:
Regular support: Likely a trap, avoid premature entries.
Blue box: My buy zone for a potential long position after the support break.
Strategy: Wait for confirmation and enter cautiously within the blue box.
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
Bitcoin | Low Timeframe TradeIf the market breaks below the red line, I will place an order at 98.464$ as shown in the figure. This is a low timeframe trade and please do not take too much risk on it. I usually do my analysis in the high timeframe and take most of my risk there.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
Bitcoin: How to Trade the Ranges Like a ProWe are in a relative range.
The reactions from the 0.5 levels are proof of this.
In a similar analysis, I had previously made one of the best trades that could be made in BTC.
The manipulations of this range at the 0.25 and -1.25 levels are not very regular.
Also, the movements it makes are far from creating symmetry, so we cannot compare this analysis to the previous one.
How to trade here? First of all, we are not in any serious demand area and it would not be wise to assume that there is any serious resistance range.
So what will we do? We will try to find entries from the upper and lower parts of this range. My short analysis on the upper part is available here.
The initiative at the bottom can be the Range Low and the green line.
So can the price continue down without giving a short opportunity? Of course it can, in this case our stop loss order will be triggered. I don't like to take high risk in such non-serious demand areas. However, I don't want to neglect a point that can give 1 to 3-4 in the lower area of the range. If my long order comes, I will take a large part of my profit on the upper part of the range, pull my stop to the entry and open the short trade.
Don't hesitate to carry two trades in two directions, especially if the price seems to form a range. And when the price starts to go voluminously below or above the range, definitely let your stop order be executed and stop your loss.
If you think this helps you, please don't forget to boost and comment on this. These motivate me to share with you.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
XAUUSD POTENTIAL OPPORTUNITY AROUND THE CORNER!!! DON’T MISS ITTaking into consideration, the market condition for the past 3 months+, we can deduce the trending nature of Xauusd from 2380 to the all time high price of $2,780 before it recorded a rapid decline in price which took 50% retrace of the impulse move to the upside when measured with fibinacci tool from 2380 to 2780. Going into new week. We approach the market with caution. As we watch closely, how market participants are likely to react to the present market conditions. Whether buyers are likely to take up the price higher or this recent pullback is just a setback for buyers thereby making price to dump lower.
BITCOIN | Things to ConsiderAs you can see in the orange line, there is a nice buy in this session. I expect this buy to carry the price above the blue line, which is the weekly session, (of course after a retest).
If the direction of the blue line is up during this rise, i.e. the weekly vwap starts to change in a buying direction, I can consider it a bullish sign, but at this time, data such as cumulative delta volume should also increase.
I also want downward transactions to be opened, i.e. when you enter the liquidity heatmap, there should be big long green lines above.
By doing all these, in my last analysis, eight of my 10 regions came as points and provided 15-20% reactions. If you want to learn how to use all this tools like VWAP, Heatmaps, Volume Footprints, and trade like this, you can contact me via Private Message on TradingView.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
Where should we buy DRIFT?It seems that from SW H onwards, DRIFT has entered a correction phase.
It could move downward from the red zone (for wave C). Along with the price correction, there will also be a time correction.
There is a fresh demand zone, where short-term buy/long positions can be considered.
The closure of a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Anybody in for a reversal with me?Well, starting with the downtrend structure we had from the 1.34xx seems broken. Apparently, our beloved cable had to take all those early bulls out before it could go back reclaiming money it left at supply.
There are multiple evidences why I think we should be buying GBPUSD. Amongst the most prominent ones, we have:
1- Price being protected (twice) at the demand area
2- BOE held the rates, it does not mean UK is doing great at other variables such as inflation, trade balance, debt, job market etc., it just means they plan to maintain the burden on businesses and public with relatively higher mark ups on public lending. It might be a double edged sword but that is pretty much how capitalist economies maintain and control their inflation rates.
3- Market has not claimed the liquidity at marked supply area ever since it started dropping, so this might be a good start
4- This one might not have matured just yet, but it is diverging bullish here
This is my idea for adding small long positions starting Monday post intraday pullback, if you think I might be wrong, please let me know in the comments with proper reasoning. (saying because I need a reason to reconsider which I might be unable to see lol)
Cheers!
Revolutionize Your Bitcoin Trading: Top Price Action TechniquesBITSTAMP:BTCUSD @Alexgoldhunter
Analysis Using Price Action Techniques
Key Technical Elements
Break of Structure (BOS):
The chart shows multiple BOS annotations, indicating significant changes in market structure. The first BOS is marked around the 16th, showing a bullish breakout. The second BOS is marked around the 18th, indicating a bearish breakout.
Fibonacci Retracement Levels:
The Fibonacci retracement levels are drawn from a recent high to a recent low. The key levels are:
0.786: 103910.11 USD
0.705: 103376.675 USD
0.618: 102795.43 USD
0.5: 102012.5 USD
0.382: 101229.97 USD
These levels can be used to identify potential support and resistance areas.
Volume Analysis:
The volume bars at the bottom of the chart show the trading volume. Higher volume bars indicate stronger buying or selling pressure.
Relative Strength Index (RSI):
The RSI is shown with a value of 44.80, indicating that the market is neither overbought nor oversold.
Moving Average Convergence Divergence (MACD):
The MACD indicator is shown at the bottom, with the MACD line crossing below the signal line, indicating bearish momentum.
Buy Strategy
Entry Point:
Consider entering a buy position near the 0.618 Fibonacci level (102795.43 USD), especially if the price shows signs of reversal with increasing volume.
Confirmation:
Look for a bullish BOS and RSI moving above 50.
Target:
Aim for the 0.786 Fibonacci level (103910.11 USD) or higher. Partial profits can be taken at intermediate levels (0.705 and 0.618).
Stop Loss:
Place a stop loss below the recent low or the 0.5 Fibonacci level to minimize risk.
Sell Strategy
Entry Point:
Consider entering a sell position near the 0.786 Fibonacci level (103910.11 USD), especially if the price shows signs of reversal with decreasing volume.
Confirmation:
Look for a bearish BOS and RSI moving below 50.
Target:
Aim for the 0.5 Fibonacci level (102012.5 USD) or lower. Partial profits can be taken at intermediate levels (0.618 and 0.382).
Stop Loss:
Place a stop loss above the recent high or the 0.786 Fibonacci level to minimize risk.
Summary
Buy Strategy: Look for a bullish BOS, high volume, RSI above 50, and enter near support levels (Fibonacci 0.618).
Sell Strategy: Look for a bearish BOS, high volume, RSI below 50, and enter near resistance levels (Fibonacci 0.786).
Simple VIP Signal
ENTRY: 102795.43 USD
TP1: 103376.675 USD
TP2: 103910.11 USD
SL: 102012.5 USD
By using these price action techniques, traders can develop a strategic approach to buying and selling based on key levels and market structure. Remember to always manage risk with appropriate stop loss and take profit levels. Happy trading! 📈📉
Follow @Alexgoldhunter for more strategic ideas and minds
Master Silver Trading: Profitable Price Action Strategies!CAPITALCOM:SILVER @Alexgoldhunter
Price Action Analysis and Strategy
Key Levels and Zones
Support Levels:
28.500 USD: A crucial support level where the price has found buying interest before.
28.700 USD: Another significant support level indicating strong buying pressure.
Resistance Levels:
29.400 USD: A strong resistance level where the price has faced selling pressure.
30.480 USD: Another notable resistance level suggesting potential selling interest.
Break of Structure (BOS):
Multiple BOS annotations on the chart indicate significant shifts in market structure, highlighting potential areas of interest for traders.
Fibonacci Retracement Levels:
0.382 Level: 29.108248 USD
0.5 Level: 29.222 USD
0.618 Level: 29.33552 USD
0.705 Level: 29.4162 USD
0.786 Level: 29.497704 USD
Volume Analysis:
Volume spikes are visible, indicating periods of high trading activity, which can be used to confirm breakouts or reversals.
Buy Strategy
Entry Point:
Consider entering a buy position if the price breaks above the resistance level at 29.400 USD with strong volume confirmation.
Alternatively, look for a bounce from the support level at 28.500 USD with a bullish candlestick pattern and increasing volume.
Stop Loss:
Place a stop loss below the recent swing low or support level, for example, below 28.500 USD.
Take Profit:
Set take profit levels at the next resistance levels, such as 30.480 USD or use Fibonacci extension levels for further targets.
Sell Strategy
Entry Point:
Consider entering a sell position if the price breaks below the support level at 28.500 USD with strong volume confirmation.
Alternatively, look for a rejection from the resistance level at 29.400 USD with a bearish candlestick pattern and increasing volume.
Stop Loss:
Place a stop loss above the recent swing high or resistance level, for example, above 29.400 USD.
Take Profit:
Set take profit levels at the next support levels, such as 28.500 USD or use Fibonacci retracement levels for further targets.
Simple VIP Signal
ENTRY: 28.500 USD
TP1: 29.108248 USD
TP2: 29.497704 USD
SL: 28.500 USD
Conclusion
This chart shows a detailed technical analysis of Silver (XAG/USD) using price action techniques, highlighting key support and resistance levels, break of structure points, and Fibonacci retracement levels. These elements can be used to develop a buy and sell strategy based on market behavior and volume analysis.
Follow @Alexgoldhunter for more strategic ideas and minds
Unlock Hidden Profits: Expert Gold (XAU/USD) Analysis!FXOPEN:XAUUSD
Price Action Analysis and Strategy by @Alexgoldhunter
Key Levels and Structures
Break of Structure (BOS):
Multiple BOS annotations indicate significant shifts in market structure. These are key points where the price has broken previous support or resistance levels, suggesting potential trend changes.
Equal Highs:
A region marked as "Equal Highs," indicating a resistance level where the price has repeatedly failed to break above. This is a potential area to watch for a breakout or reversal.
Strong High:
A "Strong High" is marked, indicating a significant resistance level that has held firm. This is a critical level for potential sell opportunities if the price approaches it again.
Fibonacci Retracement Levels:
The chart includes Fibonacci retracement levels (0.382, 0.5, 0.618, 0.705, 0.786) from a recent high to low. These levels are used to identify potential support and resistance areas.
Indicators:
Volume:
Volume bars indicate the trading activity. Higher volume on up moves suggests strong buying interest, while higher volume on down moves suggests strong selling interest.
RSI (Relative Strength Index):
The RSI is currently at 44.81, which is below the 50 level, indicating bearish momentum but not yet in the oversold territory.
MACD (Moving Average Convergence Divergence):
The MACD line is at 1.265, the signal line is at -5.079, and the histogram is at -6.344. The MACD is below the signal line, indicating bearish momentum.
Buy Strategy:
Support Levels:
Look for buying opportunities near strong support levels, such as the recent low around 2,580.000 USD.
Watch for bullish reversal patterns (e.g., double bottom, bullish engulfing) near these levels.
Fibonacci Retracement:
Consider buying near the 0.382 (2,607.921412) or 0.5 (2,615.847) Fibonacci retracement levels if the price shows signs of reversal.
RSI and MACD:
Look for the RSI to move above 50 and the MACD to cross above the signal line for confirmation of bullish momentum.
Sell Strategy:
Resistance Levels:
Look for selling opportunities near strong resistance levels, such as the "Strong High" or "Equal Highs" around 2,640.000 USD.
Watch for bearish reversal patterns (e.g., double top, bearish engulfing) near these levels.
Fibonacci Retracement:
Consider selling near the 0.786 (2,635.056476) or 0.705 (2,629.61603) Fibonacci retracement levels if the price shows signs of reversal.
RSI and MACD:
Look for the RSI to move below 50 and the MACD to cross below the signal line for confirmation of bearish momentum.
Simple VIP Signal:
ENTRY: 2,580.000 USD
TP1: 2,607.921412 USD
TP2: 2,635.056476 USD
SL: 2,540.000 USD
Follow @Alexgoldhunter for more strategic ideas and minds
Disclaimer:
Disclaimer: Trading involves substantial risk and is not suitable for every investor. The analysis and strategies provided here are based on historical data and technical analysis techniques, which do not guarantee future performance. Before making any investment decisions, please consider your financial situation, level of experience, and risk tolerance. Always do your own research and consult with a financial advisor if necessary.
Unlock Hidden Profits: Proven WTI Crude Oil Trading StrategiesTVC:USOIL
Price Action Analysis and Strategy by @Alexgoldhunter
Key Levels and Structures
Break of Structure (BOS):
Multiple BOS annotations indicate significant shifts in market structure. These points are crucial for identifying potential trend reversals or continuations.
Change of Character (CHoCH):
CHoCH is marked at multiple points, indicating shifts in market sentiment. These points can be used to identify potential entry and exit points.
Fibonacci Retracement Levels:
The chart shows Fibonacci retracement levels at:
0.382: 69.49558 USD
0.5: 69.695 USD
0.618: 69.89442 USD
0.705: 70.01445 USD
0.786: 70.17294 USD
These levels are used to identify potential support and resistance areas.
Volume Profile:
The volume profile on the left side of the chart shows the volume traded at different price levels. High volume nodes can act as support or resistance.
Buy Strategy
Entry Point:
Look for a bullish CHoCH near a significant support level, such as the Fibonacci retracement levels or high volume nodes.
Confirm the entry with a bullish candlestick pattern (e.g., hammer, engulfing) and increased volume.
Stop Loss:
Place the stop loss below the recent swing low or a significant support level to minimize risk.
Take Profit:
Set the take profit at the next resistance level or Fibonacci retracement level. Partial profits can be taken at intermediate levels.
Sell Strategy
Entry Point:
Look for a bearish CHoCH near a significant resistance level, such as the Fibonacci retracement levels or high volume nodes.
Confirm the entry with a bearish candlestick pattern (e.g., shooting star, engulfing) and increased volume.
Stop Loss:
Place the stop loss above the recent swing high or a significant resistance level to minimize risk.
Take Profit:
Set the take profit at the next support level or Fibonacci retracement level. Partial profits can be taken at intermediate levels.
Simple VIP Signal
entry: 68.500 usd
tp1: 69.49558 usd
tp2: 70.17294 usd
sl: 67.500 usd
Follow @Alexgoldhunter for more strategic ideas and minds
Disclaimer
Disclaimer: Trading involves substantial risk and is not suitable for every investor. The analysis and strategies provided here are based on historical data and technical analysis techniques, which do not guarantee future performance. Before making any investment decisions, please consider your financial situation, level of experience, and risk tolerance. Always do your own research and consult with a financial advisor if necessary.
NIFTY 50 23th DECEMBER 2024Entry Zone:
The current price is near your entry zone, which aligns with the marked region (around 23,631.35).
Stop Loss (SL):
Your stop-loss level is set at 23,509.60, slightly below the recent low. This placement is logical as it provides room for minor fluctuations while protecting against further downside.
Target Levels:
Target 1: 23,785.25 – This is a conservative and achievable level, slightly above recent resistance.
Target 2: 23,867.30 – A reasonable next target, aligned with stronger resistance.
Target 3: 23,934.80 – This is a more ambitious level, closer to previous highs.
Risk-to-Reward Ratio:
Based on the marked green (reward) and red (risk) zones, your setup seems to have a favorable risk-to-reward ratio. Ensure that this aligns with your trading strategy.
CLSK a lesson in supply and demandObserve this chart. You will note how powerful weekly supply and demand zones can be. Strong buying came in in the green box (demand). Strong selling arrived in the red box (supply). These are some of my favorite strategies for my most preferred setups which are multi-week/month. I would not be surprised to see a test back into the demand zone on this diltuted stock. Bitcoin bulls are simply buying the ETF and better proxies these days including MSTR, HOOD, COIN, and IBIT.