BTC did not break the $100,000 barrier!Hello everyone, I invite you to review the chart of BTC in pair to USDT taking into account the terval of one day.
As we can see, the price was moving in the downward trend channel marked in blue, from which we got a dynamic upward exit, and the increase itself was similar to the height of the channel from which it emerged.
However, here we can see that the historical moment of breaking through $100,000 turned out to be too great a psychological barrier at which we could observe the beginning of the recovery movement.
using the Fin Retracement tool, we can determine the levels to which the price can probably return and here, first of all, the support level at the price of $89,500 is visible, then the level of $83,800 is visible, but if the price goes lower, we can see a drop to a strong support zone from the level $74,400 to $68,000, which would result in a decline of approximately 27%. It is worth emphasizing that such corrections of 20-30% happen during a bull market.
Support
PARALLEL CHANNEL MODULEIn this analysis we are focusing on daily time frame for Gold. Here we are using parallel channel and order block combine with price action. Let's see what happens and which opportunity market will give us. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analyze or prediction.
#XAUUSD 1D Technical Analyze Expected Move.
For now SOLUSD is retesting invh&s neckline as precise supportA good sign that the bottom could potentially be in. Of course there’s always the possibility of some sort of unexpected bald swan to dump the market much further, but even then that could be such a temporary occurrence that by the time the weekly candle closed it still closed the candle body above this neckline. At the bare minimum I get the vibe that at least the monthly candle body can maintain this neckline as support, but we will find out soon enough. *not financial advice*
GOLD FORECASTIn this analysis we are focusing on 1H time frame for XAUUSD. Today I'm looking a potential sell.
Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analyze or prediction.
#Gold 1H Technical Analyze Expected Move.
LTC/USDT 1D interval chart reviewHello everyone, I invite you to a quick review of the current situation on the LTC to USDT chart, taking into account the interval of one day. As we can see, the price moved sideways from the downward trend line, which resulted in dynamic upward movements.
Currently, we can see how the price has bounced off the very strong resistance zone from $106 to $113, only when we manage to move up from this zone will we be able to see an upward movement towards the resistance at $142.
Looking the other way, we can see support at $92, then we have a visible level at $82, if the price continues its downward movement, strong support will be found at $68.
NEIRO/USDT: Ready to Explode: Bullish Breakout in Sight!Hey everyone! 👋
If this analysis resonates with you, don’t forget to smash that 👍 and follow for more market-winning updates! 📈
💡 Technical Analysis:
NEIRO is showing massive bullish potential, forming a falling wedge structure in the daily time frame and gearing up for a breakout. Once confirmed, we could see a 50% rally! Now might be the perfect time to start accumulating.
📌 Entry Range: CMP and add more up to $0.0017
🎯 Targets: $0.00205 / $0.00232 / $0.00274
⛔ Stop Loss: $0.00156
📊 Leverage: Use low leverage (Max 5x)
💬 Why NEIRO?
This setup strongly signals a decisive bullish move! Are you spotting the same breakout potential? Share your insights and analysis in the comments below, and let’s crush these gains together! 🚀
50% fib retracement vs macroeconomics price has made new low of the range
price testing big horizontal support zone
price testing 50% fib of two years old bull market
lets see how fundamental analysis aka monetary economics fit into this simple fib retracement
and market found a reason to go up from here
XRP is flying towards the sky!!XRP is emerging from the triangle with a huge upward movement, the price increase itself reaches 165%, which gives a very good result among the leading cryptocurrencies.
You can see here how the price is dynamically approaching a very strong resistance zone from the level of $1.42 to the level of $1.61. This is a very important zone that should be monitored, because moving upwards from this zone will open the way to the previous ATH, but if the zone rejects the increase, we will be able to see the price quickly return to around $1.06, and then we can see the level around $0.8.
GOLD ANALYZEIn this analysis we are focusing on 1H time frame for GOLD. For finding the upcoming moves and changes in gold price. Let's see what happens and which opportunity market will give us.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analyze or prediction.
#XAUUSD 1H Technical Analyze Expected Move.
GBPJPY FORECASTIn this analyze we are focusing on 30M time frame chart for GBP/JPY. On the basis of support and resistance along with price action and liquidity concept. So we will wait for price when price enter into our zone than after any bullish confirmation we will take our long position trade. Let's delve deeper into these levels and potential outcomes.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis or prediction.
#GBPJPY 30M Technical Analyze Expected Move.
EUR/USD FORECASTIn this analysis we are focusing on 4H time frame for finding the upcoming movement in EURUSD pair. Today I'm looking for potential buy trade opportunity. Let's see what happens and which opportunity market will give us.
Must put stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis or prediction.
#EURUSD 4H Technical Analyze Expected Move.
NVIDIA's Price Action: The Strat Analysis & Key Levels (4-Hour)Candlestick Patterns:
The chart shows 4-hour candlestick patterns with colors corresponding to price movement:
- green fill and green outline indicates price closed above candle open price
- green fill and red outline indicates price closed below candle open price
- red fill and green outline indicates price went below previous candle low but closed above current candle open
- red fill and red outline indicates price closed below previous candle and current candle low
- yellow is the color for a consolidated candle (aka "1" or inside bar)
- blue is the color for the "3" candle that went above and below previous' candle high and low
The numbers "1," "2," and "3" likely represent The Strat methodology, a popular trading framework:
1 (Inside Bar): Price action is contained within the previous candle's range.
2 (Directional Bar): Price breaks either high or low of the previous candle.
3 (Broadening Formation): Price takes out both the high and low of the previous candle.
Support and Resistance Zones:
Multiple horizontal lines represent key support and resistance levels:
- Yellow lines indicate historical highs/lows or significant levels (e.g., "Previous All-Time High Zone").
- Red and blue lines mark specific levels like the "Open WK" or "ABR1 Upper,"
- Labels such as "High of Day," "Previous Weekly High," and "Previous Daily Low" provide context for recent price action.
Broadening Formations:
- Diagonal white lines identify broadening formations, consistent with "The Strat." These formations reflect expanding ranges, suggesting increased volatility or market indecision.
Key Dates and Events:
- Specific dates and times, such as "4hr Mon, Nov 11 @ 1:30 pm," appear next to significant price levels, helping to pinpoint areas where the stock reacted strongly.
Indicators:
- ATR (Average True Range) and DTR (Daily True Range) values are shown at the bottom right:
- ATR: 4.58 — Indicates the average price movement range over a period.
- DTR: 5.16 — Suggests the range within the day (113% implies higher-than-average volatility).
Directional Signals:
- Green and red arrows identify potential buy and sell signals based on the methodology applied, likely aligned with price action breakouts or reversals.
Analysis:
- Trend: The stock has moved from consolidation (inside bars and 2s) to a broader upward trend with several green directional bars (2-ups). However, recent candles show retracement and potential consolidation.
Key Levels to Watch:
- Resistance: $148.68 ("Open WK") and $149.77 ("Previous Weekly High").
- Support: $140.08 and $137.33 ("Low of Day, Tuesday, Nov 5").
- Volatility: Broadening formations and ATR/DTR metrics suggest significant volatility in the price action.
Potential Trading Setups:
- Look for directional moves off major levels (e.g., $148.68 and $140.08).
- Monitor broadening formation boundaries for potential reversals or breakouts.
Alikze »» OP | Ascending channel🔍 Technical analysis: Ascending channel
- In continuation of the analysis presented in the previous post, after dealing with the descending channel, it was corrected for a while. which led to the completion of correction leg C. Finally, the modification leg in the range of PRZ-1 met with demand.
- Currently, it is moving in a short-term ascending channel.
- Due to the exit from the medium-term downward channel and pullback to it, an upward trend has been formed.
- Therefore, I expect it to move upward in this channel and continue its growth until the supply range.
💎 Alternative scenario: If it does not have the ability to exit the golden zone and faces the weakness of the trend, the correction can continue until the origin of the movement.
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BINANCE:OPUSDT
MKR/USDT 1W interval chartHello everyone, let's look at the current situation of MKR taking into account the interval of one week. As we can see, the price has left the trend triangle with a dynamic downward movement, currently we are staying below the downward trend line.
Let's start by setting goals for the near future, which include:
T1 = $1,745
T2 = $2192
T3 = $2546
T4= $2,900
Looking the other way, there is a strong support zone that managed to keep the price from further correction, the zone from $1,278 to $936, but if this zone is broken, we may see a strong price drop to around $514.
Believe it or not, Bear Market is almost finishedhello traders
Bitcoin is outside its price range and approached a strong retracement area that is difficult to pass (MONTHLY IMBALANCE _ RESISTANCE BECOMES SUPPORT _ NOT FRESH DEMAND)
At least for the next period, Bitcoin will return to its price range, and there are other TARGETS that it can reach
Alikze »» TRX | Wave 3 or C bullish scenarioIn time 2W, after an ascending wave and a double correction at the bottom of the channel, after successfully exiting the concentration, it is moving towards the specified targets. This upward wave is due to the structure in wave 3, whose micro waves will be presented in the next updates. But this upward move will have the ability to reach at least $0.58 and $1.2 in the long term. If no candlestick penetrates below 0.5177, this analysis will be valid for the specified purposes.
🟩Sup:0.097
⛳️Tp 1:0.177
⛳️ Tp2 : 0.58413
⛳️ Tp3 :1.23008
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NZD/USD at Strong Support: Is a Move Higher on the Horizon?Since the end of September 2024, the NZD/USD pair has been in a pronounced downward trend, experiencing a depreciation of over 8% without any significant retracements. This downward movement has found crucial support around the 0.5850 level, where the price is now showing early signs of exhaustion. This support level has been tested on previous occasions, indicating it may serve as a key area of interest for buyers. As the market awaits a potential upward corrective movement, traders should remain vigilant, particularly with the upcoming release of US Retail Sales data, which could significantly impact the pair's volatility.
Scenario 1: Upward Correction
The rejection of the support at 0.5850 and the formation of a potential bottom signal the presence of buyers. A break above the previous day's high at 0.5885 could confirm the entry of buying pressure. The 38.2% Fibonacci level at 0.6040 serves as the first projected target for this upward correction, coinciding with an important resistance zone.
A buying opportunity may arise if the price breaks yesterday's high at 0.5885. In this instance, we could see the formation of an Engulfing Pattern on the daily chart, a strong bullish signal.
Initial Target : The target could be set around 0.6040, where mid-term resistance aligns with the 38.2% Fibonacci retracement level.
Stop Loss: A suitable stop loss might be positioned below the support line, around 0.5800, to protect against adverse movements.
Scenario 2: Continuation of the Downtrend
Conversely, if the price breaks below the 0.5850 support level, it will immediately encounter another significant support zone at 0.5790. Given the proximity of these support levels, a 60-pip move may not justify the risk, especially considering the sharp downward trend observed over the past two months.
Potential Short Trade if Major Support is Broken:
From a risk/reward perspective, a short opportunity could become attractive only if the price breaks below the 0.5790 level. In this case, the next level of support would be sufficiently distant to offer a favourable risk/reward ratio for traders.
In summary, the NZD/USD pair is currently at a pivotal support level, displaying signs of potential exhaustion. The next price movements will be critical in determining whether we witness a significant corrective rally or a continuation of the downtrend. Traders should exercise caution, particularly in light of forthcoming economic data, and closely monitor key levels to make informed trading decisions.
Disclaimer:
74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK.