USDJPY Is Nearing The Uptrend Combined With The Daily Support!Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 151.500 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 151.500 support and resistance area.
Trade safe, Joe.
Technical Analysis
TradeCityPro | SHIBUSDT $1 Target ?👋 Welcome to the TradeCityPro channel!
Let’s analyze Shiba, one of the most famous meme (shitcoins) in cryptocurrency, which has changed many lives for better or worse to see if it can reach $1.
🌐 Overview Bitcoin
Before analyzing today’s altcoin, let’s take a look at Bitcoin on the one-hour timeframe. It is breaking the 96,330 support, and if our RSI enters the oversold zone, we might see a move down to the 92,701 support.
Along with this, one of the scenarios I mentioned last night is playing out—Bitcoin dominance is increasing as Bitcoin drops. Even though I personally feel this dominance increase is fake, it will still lead to further declines in altcoins.
📈 What is Market Cap?
Before starting the analysis, I want to clarify the concept of market capitalization. Market cap refers to the total value of a cryptocurrency in the market and is calculated using the formula:
Circulating supply × current price
For example, if a cryptocurrency has 100 million coins in circulation and each coin is worth $5, its market cap would be $500 million.
Market cap determines a project’s dominance and size, helps compare cryptocurrencies, and serves as a measure of risk and growth potential. High market cap projects have lower risk but grow slower, while low market cap projects carry more risk but have higher growth potential.
Why am I explaining this? So that you understand how to verify if someone claims that Shiba will reach $1. Look at its token supply and market cap. A simple calculation shows that for SHIB to reach $1, its market cap would need to be $589 trillion while the total market cap of gold is only $19 trillion! Don’t fall for misleading advertisements, stay informed!
📊 Weekly Timeframe
Like most crypto coins, SHIB spent a long time inside its weekly range, with the upper limit at 0.00001171. After spending 620 days inside this range, it finally broke out with higher lows and momentum, starting an uptrend.
After this rare bullish move, SHIB hit 0.00003279, rejected from it, and retraced to the 0.00001296 support. It then moved back up but got rejected from the same resistance, reinforcing its importance and forming an equal high, which can be seen as a double-top pattern.
This double-top pattern, which is well-known and widely used, is typically a bearish signal indicating a trend reversal. However, we cannot officially call it a double-top until the 0.00001296 support is broken. That’s why I haven’t drawn it yet.
If 0.00001296 breaks, the double-top target will be its risk-to-reward ratio of 1, meaning we could see a move down to 0.0000067.
For buying, I will never buy SHIB, no matter how much profit it makes. If I want to speculate on shitcoins, I’ll go for ones with lower market caps. And remember, if a shitcoin is meant to make you rich, it will do so even with just $10, so you don’t need a large investment :))
For selling, I suggest exiting below 0.00001296, at least temporarily. Later, if the trend turns bullish, you can buy back the same amount of USDT, potentially avoiding further downside.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
EURGBP Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring EURGBP for a selling opportunity around 0.83900 zone, EURGBP was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.83900 support and resistance area.
Trade safe, Joe.
NZDUSD Is Nearing The Daily TrendHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.57500 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.57500 support and resistance area.
Trade safe, Joe.
QTUM ANALYSIS🚀#QTUM Analysis :
🔮As we can see in the chart of #QTUM that after consolidation there was a huge bullish move. Right now we could see #QTUM is trading around its major resistance zone. After the breakout we would see a good bullish move
⚡️What to do ?
👀Keep an eye on #QTUM price action. We can trade according to the chart and make some profits⚡️⚡️
#QTUM #Cryptocurrency #TechnicalAnalysis #DYOR
Gold sell opportunity here let's try @ETHGOLD SELL SIGNAL ISSUED! 💸
Gold has reached a new high of $2869, and our analysis indicates it's time to sell! 🚨
Take advantage of this opportunity to lock in your profits. Our sell signal is based on a combination of technical and fundamental factors, and we're confident that the price will correct from here.
Sell: $2869
Target: $2850
Stay tuned for further updates and analysis!
Hope it will be profitable for you 😄
Please like and comment your thoughts 💭
Best wishes Tom 😎
EURNZD Analysis , Support Bounce and Bullish PotentialEURNZD is currently trading at 1.83300, with a target price of 1.89000. This suggests a potential upward movement of 500+ pips. The price is bouncing off a strong support level, indicating a possible bullish reversal. The support and resistance pattern highlights key price zones where buying and selling pressure increase. A successful bounce from support strengthens the bullish outlook. Traders anticipate the price moving towards the next resistance level at 1.89000. Confirmation through candlestick patterns and volume analysis is essential. Risk management should include a stop-loss below the support level. Fundamental factors like interest rate decisions can impact price action. Monitoring market sentiment and economic news is crucial for trade execution.
Bitcoin Reversal? Demand Zone Holding Strong!
BTCUSD has shown a strong reaction to the Demand Zone, indicating potential bottom formation. The price has tested this level multiple times, suggesting institutional interest and a possible bullish reversal.
🔹 1.272 | Conservative Takeprofit → 116,847.33 USD (+19%)
🔹 1.618 | Most common Takeprofit after retracement → 123,783.73 USD (+26%)
🔹 2 | Strong uptrend Takeprofit → 133,358.11 USD (+36%)
With a favorable risk-to-reward setup, Bitcoin could be positioned for a significant upward move. Will BTC reach these Fibonacci targets? 📈
What’s your view on this setup? Drop your thoughts in the comments! 👇
EURAUD Analysis Bullish Flag Breakout PotentialEURAUD is currently trading at 1.65600, with a target price of 1.70000. This indicates an expected upward movement of 500+ pips. A bullish flag pattern has been identified, which is a continuation pattern signaling potential further gains. The pattern suggests a temporary consolidation before a breakout to the upside. Traders anticipate a strong bullish move once the resistance level is breached. Volume and momentum should confirm the breakout for a higher probability trade. Risk management is crucial, with stop-loss placement below the flag’s support. Fundamental factors like interest rate decisions and economic data can influence price action. A successful breakout may attract more buyers, accelerating the upward movement. Monitoring price action near resistance is key for trade execution.
SOL ANALYSIS🚀#SOL Analysis :
🔮As we can see in the chart of #SOL that there is a crucial support and resistance zone around $190. The price took resist and break the zone. Now trading at the same zone. We could expect a bullish move from this level
⚡️What to do ?
👀Keep an eye on #SOL price action. We can trade according to the chart and make some profits⚡️⚡️
#SOL #Cryptocurrency #TechnicalAnalysis #DYOR
ACT ANALYSIS📊 #ACT Analysis
✅There is a formation of Descending Channel Pattern in daily chart. Currently #ACT is in bearish way.
After a breakout of the pattern and major resistance level we would see a bullish momentum otherwise the price will drop more 🧐
👀Current Price: $0.1968
⚡️What to do ?
👀Keep an eye on #ACT price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#ACT #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAP UDPATEDWeekly GOLD Analysis – Quantum Trading Mastery
Hello Everyone,
Here’s the latest update on the GOLD weekly chart we’ve been diligently tracking and trading. Below is a comprehensive breakdown of the current range and key levels we’ve identified.
Recap of Last Week’s Analysis:
Last week, our predictions aligned perfectly with market movements:
* A strong resistance level at 2790 caused a short-term reversal near 2735.
* The FVG acted as dynamic support at 2735, sustaining the bullish momentum.
* The EMA5 crossed and locked above the key level at 2735, solidifying upward movement.
* As predicted, the resistance was broken, leading to a new all-time high of 2817.
Our analysis delivered precise predictions, allowing you to trade confidently and minimize risks.
What’s Next for GOLD This Week?
Key Level: 2735
Bullish Targets:
* TP1: 2877
* TP2: 3018
* TP3: 3160
Bearish Targets:
* 2735
* 2680
* 2595
This week, we have identified two critical GOLDTURN levels at 2735 and 2595. While we anticipate GOLD reaching TP1 at 2877, there may be short-term reversals around these key levels and GOLDTURN zones.
Recommendations:
To better understand the support structure and identify optimal dip-buying opportunities, review our smaller time-frame analyses (daily, 12H, 4H, and 1H). These insights will help you navigate the market with precision, keeping long-term gaps in perspective.
We’ll continue to provide daily updates and insights to keep you informed.
Thank you for your continued support! Don’t forget to like, comment, and share this post to help others benefit as well.
The Quantum Trading Mastery
#NIFTY Intraday Support and Resistance Levels - 06/02/2025Gap up opening expected in nifty near the 23800 level. After opening if it's starts trading and sustain above 23800 level then expected strong upside rally towards the 23950 level in today's session. 23700-23800 is the consolidation zone for nifty. Any major downside rally expected below the 23700 level.
PEPEUSD Long Position from Fresh Supply-Demand ZoneLooking to capitalize on a high-probability long setup in PEPEUSD? This trade idea is based on leveraging a fresh supply-demand zone to identify optimal entry, stop-loss, and target levels.
Trade Setup:
✅ Entry: Positioned within a newly formed demand zone, ensuring strong buying interest.
✅ Stop-Loss: Placed below the zone to minimize risk and protect capital.
✅ Target Levels: Aiming for key resistance or liquidity pools for maximum R:R.
Why This Trade?
📈 Fresh Demand Zone – Indicates institutional interest & potential reversal.
📊 Technical Confluence – Aligned with trend structure, Fibonacci retracements, and order flow analysis.
📉 Risk Management – Well-defined SL & TP to maintain optimal risk-to-reward.
🔍 Stay updated on PEPE price action, liquidity grabs, and confirmations before execution. Trade smart and follow risk management principles!
#PEPE #CryptoTrading #SmartMoney #Forex #TechnicalAnalysis
Thu 6th Feb 2025 GBP/AUD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/AUD Sell. Enjoy the day all. Cheers. Jim
XAU/USD H4The XAU/USD pair appears poised for a bullish trend in the near future. After a brief pullback to retest a key support zone and trendline, it is expected to resume its upward momentum, presenting an excellent opportunity for long positions. Traders should monitor these levels closely for confirmation of the trend continuation.
TradeCityPro | JASMYUSDT ATH in Market Cap👋 Welcome to the TradeCityPro channel!
Let’s analyze one of Japan’s blockchain projects that allows users to control their data and earn income from IoT.
🌐 Overview Bitcoin
Before starting the analysis, as always, let’s take a look at Bitcoin on the one-hour timeframe. It has practically gone to form a structure for itself, and we cannot trust the highs and lows it has created. Personally, I will stay away from futures for a while and focus on other tasks like checking DeFi projects and financial-related activities.
Bitcoin dominance is currently fluctuating between a box of 61.05% to 61.87%. If it breaks above, the market's altcoins will drop further, and if it breaks below, Bitcoin itself will decline—but that seems unlikely.
On the other hand, if Bitcoin dominance breaks above this range and the market remains bullish, Bitcoin itself will move more strongly. If the market remains bullish and Bitcoin dominance breaks below 61.05, more money will flow into altcoins, helping them recover and potentially start a new structure.
📊 Weekly Timeframe
On the weekly timeframe, JASMY is one of the coins performing significantly better than other altcoins, trading at higher levels and not even on a major support despite the recent market correction.
I’ve often talked about dormant money and buying after momentum entry in spot trading. If you look closely, for 500 days, we were inside a box between 0.00308 and 0.00715—similar to most altcoins. However, the key point is that the last rejection from the top of the range didn’t return to the bottom; instead, we registered a higher low compared to the range’s bottom. This increases the probability of breaking above the range.
After breaking the range, we took a buy position with a stop-loss at the higher low (0.00494) and achieved around 600% profit up to the formed high. I personally do not intend to exit yet and will stay in the trade as long as we are above 0.01672.
For re-entry, either we need to see a good reaction to the 0.01672 support, wait for a breakout of 0.03878, or wait for consolidation and a better structure on lower timeframes. I personally prefer not to buy when the market is in a range without momentum.
If we draw a Fibonacci retracement from the previous low to the current high, the 0.01672 level (which is the 0.382 Fibonacci level) is a very important zone. If we bounce from this area and break the 0.03878 resistance (I consider any movement above this level before a confirmation as a fake-out), we can expect a strong uptrend, targeting 0.06413, 0.09197, and 0.14558.
📈 Daily Timeframe
On the daily timeframe, we are still above our main support at 0.01636. This support is so important that if we intend to start another primary trend, we should not drop below it; otherwise, our mid-wave cycle (MWC) will become bearish.
I also wanted to mention the difference between market cap and price. Right now, in 2025, even though the price is lower than its previous ATH of 0.05940, more money is in this coin, meaning it has a higher market cap.
A new all-time high has been formed in its market cap. Why? Because inflation and more token distribution have resulted in a higher market cap despite a lower price, meaning the token has lost value.
We also have a very strong trendline on this timeframe. The last rejection from this trendline has made it even more significant. After its breakout, we can enter a risky buy without a trigger, or wait for the breakout of 0.03979, which is a very strong trigger for momentum and spot buying.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
GBPAUD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is below the resistance 2.02967, beginning of downtrend is expected.
We make sure when the support at 1.94297 breaks.
If the resistance at 2.02967 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis:
A peak is formed in daily chart at 2.01490 on 02/03/2025, so more losses to support(s) 1.97390, 1.95896 and minimum to Major Support (1.94297) is expected.
Take Profits:
1.99134
1.97390
1.95896
1.94297
1.92784
1.91271
1.89131
1.85883
1.82533
1.80340
1.77000
1.72489
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