Tradingstrategy
COMP Key Support Levels and Potential Bull Run Targets for 2025COMPUSD is currently demonstrating strong support at the $43 level, presenting a promising opportunity for significant gains. If this support holds, it sets the stage for a robust upward movement. However, if the $43 support level is breached, the next critical support is $32. There is an 80% probability of a bounce from this level, especially with the alt season approaching rapidly. Historical trends indicate that the alt season will likely culminate by November or December 2025.
The potential targets for COMPUSD during the anticipated bull run are impressive. Based on historical data, the minimum target stands at $1,730 to 2000$. Should COMPUSD break through this resistance by February or March 2025, we could see a maximum target of $3,000. It is crucial to remember that the alt season is expected to end in November or December 2025, and it is advisable to exit the market in November 2025.
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6 INEVITABLE Stock Market DownturnsIn the world of stock trading, and crypto trading, volatility is as much a part of the landscape.
Whether you’re a day trader or a long-term investor you’re bound to undergo different degrees of stock market downturns, drops and crashes.
And each level of downturn has its own set of characteristics, challenges, and strategies for recovery.
Let’s dive into the nuances of market downturns, so you can navigate these stormy waters with confidence and savvy.
DOWNTURN #1: Down -2%: A Ripple of Volatility
Think of a -2% drop in the stock market as your morning coffee spilling over a bit—it’s unpleasant but hardly the end of the world.
This level of decline is typically seen as a blip of volatility, a common occurrence in the stock markets that often corrects itself in the short term.
DOWNTURN #2: Down -5%: The Pullback Perspective
When the market drops by 5%, it’s is often referred to as a pullback and, while it might cause a bit of concern.
However, if you look at the bigger time frame, you’ll see it might not signify a long-term trend.
DOWNTURN #3: Down -10%: Entering Correction Territory
A 10% drop is a clear signal that the market is in a correction phase.
This is where the uptrend will come to a temporary halt and the market will drop and correct itself.
You’ll see moving averages will cross down and the medium term trend will be showing downside.
You’ll also most likely look for shorts (sells) and take advantage of the correction.
DOWNTURN #4: Down -20%: The Bear Market Looms
Now we’re in the territory of the bear market.
This is generally characterized by a 20% or more drop.
It might be time to look into more defensive stocks or sectors, such as utilities or consumer staples, which tend to be less affected by economic downturns.
DOWNTURN #5: Down -50%: The Market Crash Crisis
A 50% plunge is the equivalent of a financial earthquake, causing widespread panic and uncertainty.
It’s quite rare, but when it happens, it’s all hands on deck.
We saw this in the financial crisis.
We saw this during the tech bubble.
We saw this with the oil crisis.
Silver Linings:
Even in the darkest times, opportunities can be found.
And whenever we’ve had a crash with world markets, they have turned up, made a come-back and moved to all time highs.
DOWNTURN #6: Prolonged downside: The Depression
This one I don’t have a number for you.
Unlike recessions, which are typically shorter and less severe, depressions are rare and can last for several years, causing long-term damage to a country’s economic health.
The most famous example is the Great Depression of the 1930s, which started with the stock market crash in 1929 and lasted for about a decade in most countries.
During this period, unemployment rates soared, reaching as high as 25% in the United States, while industrial production, prices, and incomes plummeted.
Conclusion:
Steady as She Goes
As I like to say.
It’s important to know that the downtrends, downturns and downside will come.
We need to be clued up and prepare for these situations.
That way we’ll take advantage as traders of what to do.
With the right approach, you can not only survive these downturns but emerge stronger and thrive profitably on the other side.
Check for support in the 2nd sectionHello traders!
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(ETHUSDT 1M chart)
The key is whether it can receive support near the Fibonacci ratio point of 0.618 (3548.07) and rise above the upper point of the HA-High indicator box on the 1M chart.
If the price is maintained above the HA-High indicator, I think there is a high possibility of a full-fledged upward trend.
Therefore, it is expected that a full-fledged upward trend will begin only when the price is maintained above the 3321.30 point, which is the HA-High indicator point on the 1M chart.
If not, and it falls, you should check for support around 0.382 (2647.80).
(1W chart)
It has touched the psychological volume profile zone and is rising.
The key is whether it can receive support in the 3503.68-3730.71 range and rise above 4093.92.
If not, and it falls, you should check for support around 3025.27-3321.30.
If the price maintains above 4093.92, it is expected to rise to around 4868.0.
(1D chart)
It should rise to the HA-High indicator box section (3570.0-4010.98) on the 1D chart.
Accordingly, the key is whether it can receive support around 3570.0 and rise above 3903.61-4010.98.
If the price is maintained above 3903.61-4010.98, a full-fledged upward trend is expected to begin.
The 3025.27-3321.30 section is the HA-High indicator section of the 1M and 1W charts, so it is an important section.
Since the price broke above this important zone with a sharp increase, if the price holds above 3025.27-3321.30, it is expected to renew the latest previous high.
---------------------------------------------
(1D chart)
Please refer to the HA-Low and HA-High indicators used to initiate trading and the BW indicator to verify them.
We need to check if we can receive support around the current secondary range, that is, the 3570.0-3730.71 range.
If you were unable to buy around 2817.0-3025.27, I think it would be a good idea to check for support in the 3903.61-4093.92 range and proceed with buying.
The reason is that the HA-High indicator was created and a high point was formed.
Therefore, the HA-High indicator point at 3903.61 can become a resistance point.
From a day trading perspective, if support is confirmed around 3570.0, you can buy and sell around 3903.61.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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NVIDIA - Correction after stock split?NASDAQ:NVDA has been one on the strongest stocks of the past decade with a rally of +25.000%.
Today, Nvidia had a stock split of 1:10, meaning that for every 1 share of Nvidia, you recieved another 9 shares (10 in total). Therefore, Nvidia stock price was simply divided by 10 ($1.200 / 10 = $120). Nvidia stock is currently retesting a major resistance trendline and is repeating another "cycle pattern" like we saw in 2015 and 2019. A correction is simply quite likely.
Levels to watch: $120, $50
Keep your long term vision,
Philip - BasicTrading
Entering a section where it is difficult to predict the trendHello, traders.
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(USDT 1D chart)
(USDC 1D chart)
If USDT and USDC gap up, the coin market is expected to continue its upward trend.
In particular, I think USDT has a big influence, and USDC has a short-term influence.
I think the coin market is likely to show a short-term upward trend as USDT maintains its current level and USDC shows a gap up trend.
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(1M chart)
It fell in the first section and touched around 64K.
We need to check for support near the second section.
Because if it falls below the second section, a downtrend is expected to begin.
-
If it turns into a downtrend,
1st: M-Signal of the 1M chart
2nd: 42283.58-43160.0
We need to check for support near the first and second sections above.
-
(1W chart)
It has entered the trend reversal attempt section by breaking away from the rising trend line (4).
The reason it is called the trend reversal attempt section is because it refers to the section where the trend line, that is, the trend line between lows > the trend line between highs, is in a state.
Therefore, it is difficult to predict trends in these sections, and volatility is likely to occur.
Therefore, you should be careful about the volatility.
As seen in the 1W chart, this volatility period is expected to continue until the end of July, that is, around the week of July 29th.
It is expected that the trend will be determined by touching the important rising channel.
-
(1D chart)
In order to turn into a short-term uptrend, the price must rise above the M-Signal indicator on the 1D chart and the HA-High indicator on the 1D chart to maintain the price.
Therefore, from the current point of view, I think it is likely to turn into an uptrend if it rises above 67614.25.
Since it fell below the HA-HIgh indicator on the 1D chart, it is likely to fall near the HA-Low indicator on the 1D chart.
Therefore, if it fails to rise above the HA-High indicator (67614.25) of the 1D chart, it is likely to fall to around the HA-Low indicator (62791.03) of the 1D chart.
-
However, since it is currently located between the HA-High indicator (65920.71) of the 1W chart and the M-Signal indicator (around 62791.03) of the 1W chart, the key is whether it can rise above the HA-High indicator of the 1W chart.
The next volatility period is expected to be around June 24 (June 23-25).
-
Therefore, if we look at it more simply, it can be expressed as the chart above based on the 65920.71-66444.16 section.
-
Have a good time.
Thank you.
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- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
Since it is thought that a new trend can be created in the overshooting section, it is necessary to check the movement when this section is touched.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to create a pull back pattern and start after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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The key is whether there is support near 1.3627Hello, traders.
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Have a nice day today.
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The key is whether there is support near 1.3627.
We need to check whether it can rise along the short-term rising channel after passing around June 15-21 (maximum June 14-22).
-
If it fails to rise above 1.3627, we need to check how it moves after passing the trend reversal channel.
Be careful when trading because the trend reversal channel can fluctuate greatly.
-
If it falls below the Fibonacci ratio of 0.5 (1.1109) ~ 0.618 (1.2093), it is expected to turn into a downtrend.
At this time, we need to check whether there is support near 0.9010.
-
Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will start when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 13401.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Support around 6.684 is the keyHello, traders.
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Have a nice day today.
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Unlike the SOLUSDT chart, the DOTUSDT chart is in a reverse arrangement, that is, a downward trend, with the M-Signal of the 1D chart < M-Signal of the 1W chart < M-Signal of the 1M chart.
When trading stocks (coins, tokens) that show this kind of movement, it is recommended to trade in short bursts.
Currently, the BW indicator of the TS - BW indicator is forming a horizontal line at the lowest point, and StochRSI > StochRSI EMA.
And, depending on whether there is support near HA-Low (6.684) on the 1D chart, you can trade.
Therefore, it can be seen that it is in a position where you can trade before the SOLUSDT chart.
However, as I mentioned above, since the price is below the M-Signal indicator on the 1D chart, it is recommended to check whether it breaks through upward and maintains the price.
Accordingly, I think it is more stable to check whether there is support near 7.283 in the box section of the HA-Low indicator on the 1D chart (6.053-7.283) and trade to make a purchase.
Since it has not been long since it turned into a downtrend, if it rises above the HA-High indicator (8.144) on the 1W chart, there is a possibility that it will show a movement to turn into an uptrend, so whether there is support near the HA-Low indicator on the current 1D chart is an important key point.
If it falls below 6.343, you should check for support near the 5.473-5.929 range.
If it rises above 7.319,
1st: 8.144-8.620
2nd: 10.131-10.611
You should check for support near the 1st and 2nd ranges above.
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The range expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 13401.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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The key is whether it can rise above 168.41-173.20Hello, traders.
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Please also click "Boost".
Have a nice day today.
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When trading spot, if possible, it is recommended to start trading when the M-Signal on the 1D chart > M-Signal on the 1W chart > M-Signal on the 1M chart.
That is because the uptrend is in progress.
Currently, the M-Signal on the 1D chart > M-Signal on the 1W chart > M-Signal on the 1M chart, but since the price < M-Signal on the 1D chart, it can be interpreted that it is showing signs of turning into a short-term downtrend.
Since the HA-Low indicator of the 1D chart is created and forming a low point range, you can trade around 141.07 depending on whether there is support.
In other words, if it falls below 141.07 and shows resistance, it means that there is a possibility of a stepwise downtrend.
Therefore, it is important to know in which direction it deviates from the HA-Low (141.07) of the 1D chart ~ HA-High (173.20) of the 1D chart.
Since the HA-High (136.92) indicator of the 1M chart is created near the HA-Low indicator of the 1D chart, the area around 136.92-141.07 corresponds to the support area.
And, since the HA-High (168.41) indicator of the 1W chart is created near the HA-High indicator of the 1D chart, the area around 168.41-173.20 corresponds to the resistance area.
Anyway, since it is located near the HA-High indicator of the 1W chart and the HA-High indicator of the 1M chart, that is, near the HA-High indicator, the current price can be seen as being in the high point area.
Therefore, if the price is maintained above 168.41-173.20, it can be interpreted that there is a high possibility of maintaining an upward trend.
Therefore, if you are currently trading, I think it is better to trade from a short-term perspective.
TS - Since the BW indicator of the BW indicator has touched the lowest point, the BW indicator is expected to be created in the price candle.
Therefore, if the BW indicator is created in the price candle, you can trade depending on whether there is support near that point.
Another indicator that can be verified is the StochRSI indicator.
You can reduce psychological anxiety about buying in advance by checking if StochRSI > StochRSI EMA.
The fact that the HA-Low indicator was created means that a low point has been formed.
Therefore, if it shows support near the box range (128.50-153.39) selected based on the HA-Low indicator, it is a time to buy.
If it falls below 141.07 and a step-down trend occurs,
1st: Fibonacci ratio point 0.618 (119.71)
2nd: 99.49
You should check for support near the 1st and 2nd above.
If it starts to rise above 173.20,
1st: 234.12
2nd: 297.74
You should check for support near the 1st and 2nd above.
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale rise will start when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 13401.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Need a trading strategy that fits your average purchase priceHello, traders.
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Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(1W chart)
Due to this decline, the HA-High indicator on the 1W chart is showing signs of being newly created.
Accordingly, you can trade depending on whether there is support around 64K-65920.71.
Since the MS-Signal (M-Signal on the 1W chart) indicator is passing around 62.3K, you can see that support around 64K-65920.71 is important.
-
Since it has fallen from the BW indicator (point pointed by the finger) shown on the price candle, the key is whether the price can be maintained above the MS-Signal (M-Signal on the 1W chart) indicator.
If not, the BW indicator of the TS-BW indicator will show a downward trend.
-
Currently, the M-Signal indicator on the 1M chart is passing around 48K, and the HA-High indicator on the 1M chart is formed at the 43823.59 point, so I think the full-scale downtrend will start when it falls below the HA-High indicator on the 1M chart.
-
The mid- to long-term downtrend is expected to start when it falls below the M-Signal indicator on the 1W chart and is maintained.
. (1D chart)
Since the M-Signal indicator on the 1D chart and the HA-High indicator on the 1D chart have fallen below, we can see that a short-term downtrend has begun.
Therefore, the key is whether it can rise above 67617.25.
-
Since the HA-High indicator on the 1W chart is about to be newly created at the 65920.71 point, we need to check for support around 62791.03-65920.71.
The 62791.03 point is the HA-Low indicator point on the 1D chart, so if it falls below this point, a step-down downtrend is likely to begin.
-
Therefore, a full-fledged short-term downtrend or a mid- to long-term downtrend is likely to begin when the price falls below 62791.03 and is maintained.
-
The 58811.32 point is the lower point of the HA-Low indicator box on the 1D chart.
Since the upper point of the HA-High indicator box on the previous 1M chart is formed near it, if the price is maintained above 58811.32, it is highly likely that a full-scale upward trend will continue in the long term.
.
(1M chart)
Therefore, you should consider a response strategy according to the average purchase price.
Since the final support range is around 42K-43K, if the average purchase price is formed below this range, you can either sell in installments to realize profits or hold as is.
-
However, if this is not the case and the average purchase price is formed within the 1st, 2nd, and 3rd ranges, you can sell 100% and buy again depending on the case.
Therefore, you should first check where your current average purchase price is and supplement your trading strategy accordingly.
Because what the market is talking about, such as the beginning of a downtrend or a continuation of an uptrend, may not actually fit your trading, you need to be careful.
-
Looking at the 1M chart, it is currently showing signs of falling near the first section.
Therefore, if it continues to fall, you should check for support near the second section.
If it rises near the first section, it is expected to rise to the Fibonacci ratio point of 1.618 (88913.24).
-
Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will begin after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 13401.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Need to check if the rise can continueHello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(1M chart)
It fell near the Fibonacci ratio 1 (0.13571) and touched near 0.10447 and is currently maintaining the price.
-
(1W chart)
The key is which section it deviates from among the support or resistance sections shown on the chart.
The current medium- to long-term trend is maintaining an uptrend, but if it falls below 0.10447, it is judged that it is likely to turn into a downtrend.
-
(1D chart)
Therefore, the key is whether the price can be maintained by rising above the sell line of the superTrend indicator.
If not, you should check for support near the box section of the HA-Low indicator on the 1D chart.
You should check whether the price can be maintained by rising above the Fibonacci ratio of 0.786 (0.11732).
The key is whether the price can be formed by maintaining the bottom section near the HA-Low indicator on the 1D chart.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The section that is expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 13401.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Swing Trading - Using Market Side and Opening Range FiltersSwing trading is a short-term strategy where traders aim to capitalise on small price movements within a financial instrument over a specific period. The goal is to capture gains from these "swings" in the market rather than focusing on long-term trends.
In this example, I am trading the GBP/JPY using the market side and the session opening range as filters to determine high probability trading direction:
Market Side: This helps to identify the overall trend or sentiment in the market.
Session Opening Range: This is the price range between the high and low during the initial period after the market opens. It is used to set reference points for potential entry and exit levels.
Here's a simple breakdown:
Below the Market Side and Opening Range: If the price is below both the market side indicator and the opening range, this signals a bearish sentiment, and you look for selling opportunities.
Above the Market Side and Opening Range: If the price is above both the market side indicator and the opening range, this indicates a bullish sentiment, and you look for buying opportunities.
I use the Charts247_WT Custom Indicator Candles for entries and exits, which provide specific signals to enter trades and exit existing positions. This combination of trend filters and entry signals helps improve your trades' accuracy and timing, aligning your actions with the broader market context.
BEERUSDT | More Downside Ahead?Market Context
BEERUSDT took a significant hit yesterday, and it looks like the bearish momentum is far from over!
Chart Analysis
The daily timeframe is looking bearish after yesterday’s sharp drop. We're currently retesting some levels from yesterday, which sets the stage for another potential push downward.
Strategy
Given the bearish close and retest, I’m expecting further downside action today. Let’s see if the market agrees!
Stay tuned—this could be a thrilling descent!
SCUSDT | Ready for Continuation?Market Context
Is SCUSDT poised for an upside continuation? With BTC rallying on positive CPI data, the stage is set for some altcoins to follow suit.
Strategy
The stars are aligning for SCUSDT, and I'm eyeing a high-risk, high-reward trade with a 6.63 RR. This is the kind of opportunity that can move fast, so timing is crucial.
Action Plan
Entry: 1M chart—be quick!
Let's catch this wave and see where it takes us. Stay tuned for a thrilling ride!
BTCUSDT | New ATH Incoming?🚀 Are we on the brink of a new all-time high for Bitcoin? All signs point to yes, and I need to be in on this action!
Breakout Alert
Yesterday, we broke the trendline of a forming bull flag on the daily chart. This classic pattern break could be signaling a massive move upwards!
Targets
While my exact target is still undecided, there's a ton of liquidity at $72k. Breaking through this could propel the price to an eye-popping $90k without a doubt!
This setup is too exciting to miss. Let’s see how this plays out!
UNIUSDT | Breakout Alert 🚀 Get ready for an exciting move—UNIUSDT is gearing up for a classic breakout!
Volume Surge
With solid volume backing this breakout, we could see UNIUSDT push significantly higher.
Market Conditions
As long as no black swan events occur, this setup looks incredibly promising.
Let’s watch and see how high UNI can soar!
AUDIOUSDT | Volume Surge to New Highs?Market Context
Today, we've seen a slight volume increase in AUDIOUSDT, potentially signaling a move higher by the end of the day. We've broken the previous 1H high and trendline, setting the stage for an exciting run!
Strategy
With the market expected to be quiet today, small tokens like AUDIOUSDT could see quick pump-and-dump action. Let's capitalize on this opportunity and see how it plays out!
Stay tuned—this could get interesting fast!
DOGUSDT | Recently Listed on Bybit Market Context
DOGUSDT has just been listed on Bybit and is currently in a downtrend. But don't let that fool you—this could be an excellent setup!
Strategy
I'm expecting the downtrend to continue for a few more days before we see a significant pump. This gives us a perfect window to capitalize on the current movement.
Let’s ride the trend and prepare for the pump—stay tuned for updates!
FLOKIUSDT | Another Small Correction Downside?🐶📉 Market Context
Are we on the verge of another downside correction for FLOKIUSDT? It certainly looks possible!
Strategy
Friday saw a strong move down, and we usually fill those wicks sooner or later. Given this pattern, we could see FLOKIUSDT dip a few more pips. This setup presents a quick 1.5:1 risk-reward trade—an exciting opportunity to capitalize on the market's momentum!
Let’s dive in and see how it plays out—stay tuned!
BENDOGUSDT | Ready for Continuation?Market Context
Is BENDOGUSDT primed for continuation? The price action suggests it's more than likely!
Chart Analysis
Both the daily and 4H timeframes are painting a promising picture. We've got momentum on our side, and the charts are aligning for a potential breakout.
Strategy
While nothing is ever certain in trading, this setup looks incredibly strong. I'm betting on a continuation and excited to see how this plays out.
Let’s watch BENDOG soar—stay tuned!
IOUSDT | Heading Lower Before the Big Pump?Market Context
IOUSDT just attempted a breakout, but I’m not buying it. Here's why:
Chart Analysis
Despite the recent breakout attempt, the volume isn't convincing. Without the necessary volume, this move seems weak and likely to reverse.
Strategy
I’m expecting IOUSDT to dip lower before it catches the wave with BTC's anticipated pump later this week. This could be a strategic opportunity to short now and buy back in at a lower price.
Stay tuned—this market move could be quite the rollercoaster!
HIFIUSDT | Ready for a Move Higher?Market Context
Is HIFIUSDT poised to climb from this point? It’s looking possible!
Chart Analysis
We recently hit a new low on the daily chart, thanks to a Friday flush. However, this could be the recovery point we’ve been waiting for. Today’s price action hints at a potential false break on the daily timeframe, setting the stage for a rebound.
Strategy
This is a risky trade, but I’m a risk-taker! I’m betting on a bounce and aiming for our profit target. Let’s see if HIFI hits the right notes and moves higher!
Stay tuned for updates and let’s watch this play out!