YFIUSD: Bullish Consolidation Setup to Recover 3 Macro ZonesYFI right now is attempting to break above the zone it failed to break above before and appears to be heading into the level with much more strength than last time after a short term period of Consolidation. Now it is Broken above the 200 day SMA and getting ready to test the previously failed zone as support.
With this i'd expect it to complete a meaesured move of the Consolidation Flag, which would take it up 40%, after that it could pullback or be done; but the macro structure overall would kind of demand that; YFI in time, rise back up to $15,000 and maybe even $75,000 to complete the Squaring Up process.
Targets
TSLA: Fantastic Reaction. 👍• TSLA is doing an important reaction, as it is trying to reject the Dark Cloud Cover candlestick pattern, our top sign from Monday;
• This top sign wasn’t completely rejected yet, but even if TSLA resumes the drop, there are many support levels to hold the price;
• The first support is the $154, then the gap area around $146. What’s more, there is the 21 ema, which is ascending right now;
• A pullback to any of these support levels could be an opportunity to buy at a cheaper price;
• The key resistance is the $182.50. If TSLA breaks the $182.50, then our next resistance level is the $200;
• I’ll keep you updated on this, as usual.
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XAU/USD Outlook : Potential Targets and Trading OpportunitiesJoin us as we take a closer look at the XAU/USD market and identify key levels of support and resistance . Based on our analysis, we'll provide you with potential targets and highlight the best trading opportunities for the coming week. Whether you're a seasoned trader or just starting out, this video will give you a comprehensive overview of the XAU/USD market and help you make informed decisions. Don't miss this opportunity to stay ahead of the game and maximize your profits in XAU/USD trading!
BNB / USDT 4H INTERVAL, STOPLOSS AND TARGETSHello everyone, let's look at the BNB to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line, moreover, on the EMA Cross 10 and 30, we can see the crossover point and an indication of entering a downtrend.
Let's start with the support line and as you can see the first support in the near future is $287, if the support is broken then the next support is $280 and $270.
Now let's move to the resistance line, as you can see the first resistance is $294, if you manage to break it, the next resistance will be $298, $302 and $307.
As we can see, the MACD confirms the local downtrend, while the RSI has a nice recovery and room for new growth.
Daily review of ETH interval 1HHello everyone, I invite you to a quick update of the situation of ETH to USDT on the 1H interval.
As we can see, we have formed a Rising Wedge pattern, which unfortunately is characterized by an exit from the bottom.
We can use the current situation to play the position, for this purpose we will mark the Stop Loss at $1618, which should be taken into account when playing short.
Entering positions in the area of the formation or just after leaving the formation at the bottom at $1525.
However, the target that can be taken into account is $ 1434.
Ocean Protocol - 2 scenarios Currently looking for longs on $OCEAN
Scenario A
- retest breakout level and diag in yellow (618 fib) and invalid on a loss of diag and upper yellow
- target range eq for ~10% and target supply/resistance in red zone above and final target at range high
Scenario B
- we lose the diag and hold lower yellow area atop HTF demand (red line making this trade specifically invalid)
- same targets
Both scenarios could get front-ran, but I am not willing to enter a trade here as if it continues to push with shallow retracements I don't like the risk R/R and no clear invalidation.
Laddering my TP's 50% -> 40% -> 10% or something similar depending on PA at the time.
Bitcoin Shorts With Targets based on riskThis is the case for shorters. Targets based on actual risk at the time.
Bitcoin has gone up to almost liquidate 3x positions that have sold the current bottom. There was not been a 5% drop until price has topped out. Shorters are in panic and praying for price to reach 17.5k to 18k again so they can exit their short.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on the four hour time frame. As you can see, the price is moving above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $17214, if the support is broken then the next support is $17169 and $17111.
Now let's go from the resistance line, as you can see the first resistance is $17311, if you manage to break it, the next resistance will be $17367, $17426 and $17505.
Looking at the CHOP indicator, we see that the energy is slowly increasing, the MACD confirms the uptrend, while the RSI is moving in the upper range, which may indicate a small correction.
SPX: A Bearish Pattern under a Key Resistance. Be careful.⚠️• Yesterday, the SPX broke the resistance at 3,911 for a brief moment, but by the end of the day, it lost momentum, couldn’t close above it, and it did a Shooting Star candlestick pattern;
• This could be just a pullback to the 21 EMA, but the fact it found a resistance at 3,911 again it is not good for the bulls;
• We warned about this on my previous SPX analysis – link below this post;
• This Shooting Star might frustrate any attempt of a bullish reversal, and would require a very impressive bullish reaction to frustrate this bearish sign. Ideally, it would need to break the Shooting Star's high in order to reject the bearish candlestick;
• The way it closes yesterday will tell us if the index will confirm a bearish continuation to the 3,744, or if it will reverse and seek the 4k area again;
• According to Bulkowski’s studies, a Shooting Star works as a bearish reversal 59% of the time, and when triggered, hits the technical target 84% when we are in a bear market, and see a downwards breakout;
• I’ll keep you updated every day on this.
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BNB / USDT 4H INTERVAL, STOPLOSS AND TARGETSHello everyone, let's look at the 4H BNB to USDT chart as you can see that the price is moving in a sideways trend channel denoted by the white lines.
Let's start by setting goals for the near future that we can take into account:
T1 = $246.9
T2 = $248.4
T3 = $250.6
and
T4 = $253.6
Now let's move on to the stop loss in case the market goes down further:
SL1 = $245.2
SL2 = $243.3
SL3 = $240.4
and
SL4 = $236.8
Looking at the CHOP indicator, we see that the energy is charged on the 4H interval, while the MACD indicator indicates a local uptrend.
XRP - Golden zoneThis might be a nice long position entry , here is why:
- hype on XRP today - 26 Dec
- end of bear market might be just in the next corner
- 50% and 68% retracement level are on nice orderblock volume
- double bottom
- trend seems to be reversing
- on balance volume (obv) shows volume and price action are not divergent
CRO / USDT 1W Interval ReviewHello everyone, let's take a look at the 1W CRO to USDT chart as the price is currently at the 2020 low and also looking from the 2021 high at around 95% down.
Let's start by setting goals for the near future that we can take into account:
First, the price has to break through the strong resistance zone from $0.0629 to $0.0876, only then will it be able to move towards the targets:
T1 = $0.1071
T2 = $0.1397
and
T3 = $0.1723
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.0571
SL2 = $0.0463
SL3 = $0.0376
and
SL4 = $0.0288
Looking at the CHOP indicator, we see that on the 1W interval, the energy is used for price decreases, the MACD is close to the intersection, however, it indicates an uptrend, while the RSI has been moving at the lower end of the range for a long time, which may indicate upcoming price increases.
FTM / USDT 1D Interval - Targets and StoplossHello everyone, let's look at the 1D FTM to USDT chart as you can see that the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $0.2091
T2 = $0.2193
T3 = $0.2277
T4 = $0.2355
and
T5 = $0.2473
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.2019
SL2 = $0.1854
and
SL3 = $0.1644
Looking at the CHOP indicator, we see that most of the energy has been used on the 1D interval, the MACD indicator indicates that we are moving in a local downtrend.
UNIUSDT 4H Interval- Targets and StoplossHello everyone, let's take a look at the 4H UNI to USDT chart as you can see that the price is moving below the uptrend line and we are still below trending as well.
Let's start by setting goals for the near future that we can take into account:
T1 = $5.53
T2 = $5.72
T3 = $5.89
T4 = $6.04
and
T5 = $6.26
Now let's move on to the stop loss in case the market goes down further:
support zone from $5.44 to $5.14
SL2 = $4.28
Looking at the CHOP indicator, we see that the energy is heavily depleted on the 4H interval, the MACD indicates a local downtrend, while the RSI is at the lower end, which could potentially indicate upcoming increases.
COTI / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's look at the 4H COTI to USDT chart as you can see that the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $0.0686
T2 = $0.06943
T3 = $0.07013
T4 = $0.07077
and
T5 = $0.07176
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.0675
SL2 = $0.06638
and
SL3 = $0.06494
Looking at the CHOP indicator, we see that the energy is gathering more and more strength on the 4H interval, while the MACD indicator indicates a local downtrend. It is also worth adding that we have a rebound on the RSI.
LUNAUSDT - 4H Interval - Targets and StoplossHello everyone, let's look at the 4H LUNAUSDT chart as you can see that the price is moving in the uptrend channel, however it has locally moved sideways from the uptrend line in the channel.
Let's start by setting goals for the near future that we can take into account:
T1 - $1.6663
T2 - $1.6928
T3 - $1.7154
T4 - $1.7373
and
T5 - $1.7694
Now let's move on to the stop loss in case the market goes down further:
SL1 - $1.6464
SL2 - $1.6114
SL3 - $1.5821
SL4 - $1.5533
and
SL5 - $1.5145
Looking at the CHOP indicator, we see that the energy is strongly charged on the 4H interval, the MACD indicator indicates entering a local uptrend, while the RSI shows that despite we are high, we have room for further growth, but it is worth keeping the SL.
UNIUSDT 1D Interval- Targets and StoplossHello everyone, let's look at the 1D UNI to USDT chart as you can see how we can see the price moving below the downtrend line marked in yellow.
Let's start by setting goals for the near future that we can take into account:
T1 - $6.68
T2 - $7.29
T3 - $7.91
T4 - $8.76
and
T5 - $9.85
Now let's move on to the stop loss in case the market goes down further:
SL1 - $5.81
SL2 - $4.72
and
SL3 - $3.33
Looking at the CHOP indicator, we see that on the 1D interval, the energy is starting to slowly increase, while the MACD indicator shows an uptrend, and the RSI shows that we still have room for further growth.
SOL - USDT 4HChart, targets and stoplossHello everyone, let's look at the 4H SOL to USDT chart as you can see that the price is moving in the uptrend channel.
Let's start by setting goals for the near future that we can take into account:
T1 = $14.08
T2 = $14.20
T3 = $14.29
T4 = $14.38
and
T5 = $14.52
Now let's move on to the stop loss in case the market goes down further:
SL1 = $13.93
SL2 = $13.79
SL3 = $13.65
SL4 = $13.46
and
SL5 = $13.20
Looking at the CHOP indicator, we see that the energy is slowly gaining strength on the 4H interval, while the MACD indicator indicates a local uptrend.
CHZUSDT 30M - Targets and StoplossHello everyone, let's take a look at the CHZ 30M to USDT chart as you can see that the price has moved above the local downtrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $0.1626
T2 = $0.1656
T3 = $0.1687
and
T4 = $0.1706
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.1609
SL2 = $0.1601
SL3 = $0.1594
and
SL4 = $0.1588
Looking at the CHOP indicator, we see that the energy has been exhausted on the 30M interval and is slowly rebounding, while the MACD indicator indicates that we are close to confirming the trend change to an upward one, however, looking at the volume despite the visible green candles, we see that it is very low compared to the red candle.
"IMPORTANT" Point for BITCOIN!!!We are currently at the point of intrest, at the 200EMA on the 4hr chart.
A test of the 200EMA is mandatory, are we going to bounce back to the downside from that point on, or are we going to take the liquidity pool at 19200USD.
In case of a clear conviction to the upside and a strong close above the 200EMA, we will most likeley see a run to the 19200 Zone.
Another indication for a possible accumulation zone ist that we have 3 Pins to the Low and formed an Inverse Head and Shoulders.
When the NYSE has opened we should see the intentions of the market.
ETH / USDT 4HChart - Targets And StopLossHello everyone, let's look at the 4H ETH to USDT chart as you can see that the price is moving above the uptrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $1272
T2 = $1281
T3 = $1310
and
T4 = $1355
Now let's move on to the stop loss in case the market goes down further:
SL1 = $1261
SL2 = $1251
SL3 = $1241
and
SL4 = $1233
Looking at the CHOP indicator, we see that on the 4H interval, some energy has been used, but there is still some left to continue the movement, while the MACD indicator indicates a local downtrend.
XRP - USDT on 4H interval Targets and StoplossHello everyone, let's look at the 4H XRP to USDT chart as you can see that the price is moving below the local uptrend line, and within the triangle outlined by the blue lines.
Let's start by setting goals for the near future that we can take into account:
T1 = $0.3923
T2 = $0.3980
T3 = $0.4028
T4 = $0.4070
and
T5 = $0.4133
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.3865
SL2 = $0.3833
SL3 = $0.3799
SL4 = $0.3754
and
SL5 = $0.3694
Looking at the CHOP indicator, we see that there is a lot of energy for a new move on the 4H interval, while the MACD indicator indicates a local downtrend.
AMZN: CONGESTION! How to proceed?• AMZN is in a congestion, as seen in the 1h chart, trading between the black lines as shown above, while the 21 ema is completely flat;
• As long as AMZN remains inside this congestion, hardly we would see something new, however, any breakout could be interesting;
• By losing the support around $90s, AMZN has a target at the gap (red line at $86.82);
• On the other hand, by breaking the resistance around $96s, the next resistance is at $103.78 (previous top);
• Although AMZN seems erratic, these key points might offer us some clues on how to proceed. I’ll keep you updated on this.
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