Tradingview
TradeCityPro | AVAXUSDT The Last Downtrend?👋 Welcome to TradeCityPro Channel!
Let's go together and analyze and review one of my favorite coins, which I trade a lot in futures and have a good win rate, and before that, let's remember an important point
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Timeframe
On the weekly time frame, the avax chart is one of the best, smooth, and technical charts I've seen, and our support and resistance work beautifully. Events are somewhat recognizable.
After we were rejected from the important resistance of 53.62, which was a very important resistance from the past, the presence of sellers caused us to go into a deep correction, and on the other hand, the reason we didn't break it was because we were rejected and didn't enter the weekly overbuy.
For buying again, we are currently very bearish in the weekly and buying is not logical, but after breaking 53.82, our most reliable trigger will be to start an upward movement, and for cashing out and exiting, if we go below 21.02, I will exit myself, and if we return above this number again, I will buy again, this time with a smaller number of avax, but the same amount USDT.
📈 Daily Timeframe
In the daily timeframe, AX has had a deeper correction than other coins, and while coins like bnb, xrp, cake are at their upper support levels, AX has returned to the daily box it had previously formed
After the rejection we had from the level of 53.96, which was accompanied by a correction, it was likely that we would test this resistance again, and after the rejection we went again to break 44.21 and form a price range box.
This range box, which was in the form of a range in most altcoins, appeared in the form of a triangle in AX and caused the formation of lower lows and highs at the same level, and ultimately caused the important support of 35.02 to be broken and a pullback to it and another drop
For now, we need to form a structure to buy, and we can stay between the 22.71 to 29.10 boxes for the next few days and form a new structure for new trends. I also said sell, I will most likely exit below 19.70
⏱ 4-Hour Timeframe
We experienced a deep decline in the four-hour time frame, so much so that our RSI has reached 14, and after that and the re-entry, the price is forced and condemned to suffer, and now some of our triggers are clear
📈 Long Position Trigger
We have 2 triggers for long positions, which we can open after the 26.75 break and with the 28.47 break, and the difference between these two triggers is their riskiness, and the 28.47 level is likely to move sharply, and this 26.75 level may flatter you more!
📉 Short Position Trigger
you can open a short position when both resistance levels are faked and the trigger is 23.93. Since I feel that if we have a decline, it will be the end of the trend and we have been declining a lot so far, I suggest you save your profit quickly and exit!
📝 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! ❤️
TradeCityPro | Bitcoin Daily Analysis #6👋 Welcome to TradeCityPro!
Today, we're diving into Bitcoin's analysis, focusing on appropriate futures triggers for the New York session.
⏳ Hourly Time Frame
1-Hour Timeframe As mentioned in previous analyses, Bitcoin remains in a crucial range box. Yesterday, we saw a fake breakout of the expanding triangle's upper edge, but the trigger at 98,482 was not activated, and the price did not stabilize above this area but was rejected.
🔍 Currently, our long position triggers remain the same at 99,946 and 101,819. However, a new short trigger has been added. The first short trigger is at 97,110, which is considered very risky and should not hold high expectations.
🔽 If you initiate a short position upon breaking this area, your target could be 95,108. As previously discussed, the main short trigger remains at 95,108. If you open a position at this level, the target could be the bottom of the expanding triangle or the area around 92,702.
📊 The market volume continues to decrease, indicating that a sharper and more significant price movement is imminent.
👑 BTC.D Analysis
BTC.D Analysis Bitcoin dominance has broken the curve trendline, but currently, there is no significant upward momentum observed. If the price breaks and stabilizes above 60.71, we can take this as the first sign of a bullish trend. The main trigger remains at 61.10.
🧩 For a continued fall, an excellent trigger is at 60.48. If this trigger is broken, we can hope for dominance to reach 59.84.
📅 Total2 Analysis
Total2 Analysis As discussed yesterday, if the price pulls back to 1.24, we can open a long position. This scenario occurred, and many altcoins moved upward. However, as mentioned, the target for this position was relatively small because it was opened as a scalp position. The main long trigger remains at 1.28.
🔽 For those who are risk-takers, you can enter a short position if the price breaks 1.24. But be cautious, this trigger is very risky. Other risky triggers are at 1.2 and 1.19.
⚡️ The main short position remains at 1.16. Keep in mind, Bitcoin's dominance shows more signs of falling, so if you are considering opening a short position, Bitcoin might perform better than altcoins.
📅 USDT.D Analysis
USDT.D Analysis Let's look at the Tether dominance. We have an adjustment in the dominance support, which was previously at 4.44 but has been moved to 4.40 due to a strong price reaction yesterday. Currently, the main support for Tether dominance is at 4.40, and breaking this area could validate a long position.
💫 There is a very risky short trigger at 4.47, similar to the 1.24 trigger in Total2. If these two align, you might accept the risk and enter a short position with the minimum risk defined in your strategy. The target for this position is 4.62, while the target for a long position remains 4.24, which is also the main trigger for a trend change.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Be careful with bitcoin !!!Bitcoin is currently within a wedge, and after this pattern breaks,t can drive the price up to around $100k .
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TradeCityPro | ZIL: Awaits a Major Move👋 Welcome to TradeCity Pro!
In this analysis, I will be reviewing the ZIL coin, one of the Layer 1 projects primarily focused on payments.
📅 Weekly Timeframe
In the weekly timeframe, we observe a ranging box following the downtrend from the 0.01536 peak. The lower boundary of this range is at 0.01282, while the upper boundary is at 0.03472.
🔍 During Bitcoin’s last bullish move, this coin also bounced from the lower boundary and moved toward the upper boundary. However, as Bitcoin entered consolidation within its own range, this coin started to decline and has now returned to the lower boundary.
💫 If the price establishes itself below the range, we will likely see the next leg of the downtrend and a new bearish trend forming.
📊 However, if the lower boundary provides strong support and holds the price above this area, a move toward the upper boundary—and potentially a breakout—could occur.
⚡️ If the lower boundary is broken, the price target would be 0.03472, and further resistance levels at 0.06017 and 0.15361 could be tested.
📅 Daily Timeframe
In the daily timeframe, we can analyze price movements in more detail. As seen, after reaching the upper boundary of the range and getting rejected, the first bearish leg took the price down to 0.02034. Following a consolidation phase and a brief support at this level, the price broke below and completed the next bearish leg down to the lower boundary.
✨ Currently, market volume has significantly decreased, indicating that a major move is approaching. If the lower boundary is broken, the price may continue its next bearish leg downward.
🔼 For a long position, the first confirmation of a trend reversal would come after a breakout above 0.01635, though this is a high-risk trigger. The main confirmation for trend reversal currently stands at 0.02034.
💥 On the other hand, the key resistance remains at the upper boundary of the range. A breakout above this level would confirm a fully bullish trend.
📝 Final Thoughts
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! ❤️
TON - Time to buy again!The price has formed a Triangle on the 4h time frame, and if it breaks out, it can drive the price up to around $4.3.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Ethereum Holds Strong – $4K Target in Sight?#Ethereum has bounced off its long-term trendline support for the third time, maintaining a strong bullish structure.
Upcoming Resistance is at $2,900 and $3,250, with $4,000 as the next major target.
A sustained move above $2,900 could push ETH toward $3,250.
A breakout above $3,250 would confirm further upside. Losing trendline support may invalidate this setup.
DYOR, NFA
TradeCityPro | Bitcoin Daily Analysis #5👋 Welcome to TradeCityPro!
Let's dive into today's analysis of Bitcoin. Since yesterday, there haven't been significant changes in the market, and none of our triggers were activated. However, let's explore the upcoming scenarios and identify any new triggers.
⏳ Hourly Time Frame
1-Hour Timeframe As you can see, Bitcoin is currently forming an expanding triangle, which typically doesn't respect resistances or supports very well, making it tricky to take long-term positions while the price remains within this pattern.
🔼 For a long position, the trigger remains above 98,482. Keep an eye out for this break because, as you can see, the trading volume has decreased, suggesting that a sharp price movement is likely imminent. Financial markets exist for speculation, not stagnation, so a decrease in volume usually precedes a significant price move—either upwards or downwards.
📊 Should this long trigger activate, it would be safe to hold a position expecting the price might retest the resistance at 106,000, giving us comfort in pursuing other potential coin positions.
📉 The short position has a significant level at 95,108, now more critical than the 92,702 level. If broken, Bitcoin could start its next bearish leg, with the first target at 92,702 and, upon breaking this, potentially moving towards the lower ranges around 80,000 to 82,000.
🔑 Today, I'm not focusing on the RSI due to the market's range-bound state, making it unreliable for confirming momentum. Thus, I've excluded RSI from both today's and yesterday's analyses.
👑 BTC.D Analysis
BTC.D Analysis As predicted, the dominance fell, confirming yesterday's analysis. After retesting the 61.10 level and following the trendline curve, the next leg down began, targeting the 59.84 area. This movement will help us understand the upcoming market direction based on how the dominance behaves at this level.
👀 If it proves to be a fake-out and the dominance breaks the curve again, retaking the 61.10 trigger, we might see a resurgence in Bitcoin's dominance, suggesting a bullish scenario is less likely.
📅 Total2 Analysis
Total2 Analysis As observed, the Total2 level that was previously active at 1.24 is currently retesting this area. It hasn't fully stabilized above this level, so let's wait for confirmation that this resistance has been broken. If so, we can expect a move towards at least 1.28.
✅ This break of 1.24 was an initial scalp trigger, with the main long-term trigger at 1.28. If breached, it could validate a bullish long-term position on altcoins, given the concurrent fall in Bitcoin's dominance, suggesting a preferable situation for altcoins compared to Bitcoin.
📉 In the event of market downturns, Bitcoin positions are generally more favorable if Bitcoin's dominance continues to fall. However, if considering short positions on altcoins, wait for Total2 to potentially fake this breakout and, if it reverses, enter upon breaking the 1.19 level. If you're a risk-taker, you could initiate earlier at the break of 1.19.
📅 USDT.D Analysis
USDT.D Analysis In the USDT.D index, nothing significant has changed, and for market long confirmations, the 4.44 break remains crucial. Conversely, for short positions during a market downturn, a break of 4.62 would confirm an increase in Tether's dominance.
⚡️ Note that the 4.44 trigger is risky, and a break of 4.24 is the principal confirmation of a trend change in USDT.D.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Can BNB reach around $1000 ?...Currently, BNB is forming an ascending triangle, indicating a potential price increase. It is anticipated that the price could rise, aligning with the projected price movement (AB=CD).
However, it is crucial to wait for the triangle to break before taking any action.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TradeCityPro | COMP: Navigating Consolidation👋 Welcome to TradeCityPro!
Today, I'll be analyzing the COMP token, a core component of a well-known DeFi project specializing in lending and borrowing, currently ranked 200th with a market cap of $100 million.
📅 Weekly Timeframe
In the weekly timeframe, we see a bearish trend that later transitioned into a consolidation box, with the current box's floor at $30.96 and the ceiling at $90.56. After the price was rejected from the all-time high of $800 and fell to $30.96, trading volume was initially high, affirming the downtrend.
🧩 However, after forming this box between the two levels, the volume decreased, indicating that whales and market makers have likely withdrawn their investments from this coin for now.
🔍 The primary support, as mentioned, is at $30.96, and if this level breaks, the downtrend is expected to continue. As observed, the price previously rose to the resistance at $90.56 and broke it, but then returned to the box, making this move a fake breakout.
📊 Currently, an important floor in the weekly timeframe is observed at $40.38, which is a good support. A break below this area could introduce significant bearish momentum and panic into the market. Additionally, the RSI indicator shows important support at 37.89, which, if broken alongside the $40.38 area, could early confirm a further bearish leg.
🔼 On the flip side, if the price is supported above this level and moves towards $90.56, breaking this area could enable us to hit the targets set for this coin. As shown in the chart, significant resistances are located at $252.60 and $800. However, for the coin to reach these figures, significant market cap growth is necessary.
📝 Final Thoughts
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! ❤️
I don't know why ???Now that most people are disappointed with the crypto market, it's time for growth to begin again. Just like in 2022, this drop was natural to shift funds from meme coins to more useful projects in the crypto market.I Expect Bitcoin to reach $123K.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
❗Disclaimer
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
GOLD - at support? holds or not??#GOLD. market just near to his current supporting region that is around 2909-10 to 2914-15
that region is most important for now and if market hold it in that only case we can see bounce again. otherwise not,.
Note: 2908-09 is the final area for now and we will go for cut n reverse below that.
good luck
trade wisely
Forex: Why and How to Use TradingView
Dear readers, I am Trader Andrea Russo and today I want to talk to you about the reason why I use TradingView.
The Forex (Foreign Exchange) market is one of the largest and most dynamic in the world, with over 6 trillion dollars traded every day.
TradingView is one of the most popular platforms for technical analysis and chart viewing, particularly appreciated by Forex traders. In this guide, we will explore how to use TradingView to trade Forex, taking advantage of the tools and features offered by the platform.
What is TradingView?
TradingView is a technical analysis platform that offers advanced charts, drawing tools, customizable indicators, and an active community of traders. Among its main features:
Real-time charts on any timeframe, from 1 minute to daily or weekly.
Technical indicators such as RSI, MACD, moving averages, and much more.
Social trading to share ideas with other traders and learn from their analysis.
Drawing tools to plot trends, channels, and Fibonacci.
With its user-friendly interface, TradingView is ideal for beginner traders and those looking for advanced analysis.
How to Trade Forex with TradingView
1. Choose a Currency Pair
The first step to start trading Forex is to choose a currency pair to analyze, such as EUR/USD or GBP/JPY. Each pair represents the value relationship between two currencies. For example, in the case of EUR/USD, the base currency is the Euro and the counter currency is the US Dollar.
2. Use Charts
TradingView offers several views:
Candlestick Chart: Shows price movements in specific time frames. It is the most used chart in Forex.
Line Chart: Shows only closing prices, useful for observing general trends.
Bar Chart: Shows the open, close, high and low for each period.
These visualizations help you better understand the market trend.
3. Set Indicators
Indicators are essential tools in technical trading. On TradingView, you can use:
RSI (Relative Strength Index): Shows whether a currency pair is overbought or oversold (levels above 70 indicate overbought, below 30 oversold).
MACD (Moving Average Convergence Divergence): Provides trend reversal signals and can be used to confirm the market direction.
Moving Averages (MA): Helps identify the market direction and filter trading signals.
4. Customize Drawing Tools
TradingView offers powerful drawing tools such as:
Trend Lines: To plot support and resistance levels.
Fibonacci Retracement: To identify key price reversal levels.
Channels: To analyze price movements within a defined range.
These tools allow you to precisely track market entry and exit points.
5. Create Alerts
TradingView allows you to set custom alerts. You can receive notifications via email or directly on the platform when the price reaches certain levels. This is particularly useful for not missing important trading opportunities.
Forex Trading Strategies
1. Trend Trading
One of the most common strategies is trend following. When the market is in an uptrend (bullish trend), buy; when it is in a downtrend (bearish trend), sell. Use moving averages or the MACD indicator to identify the direction of the trend.
2. Retracement Trading
Retracements are corrective movements within a trend. You can use Fibonacci Retracement to identify support and resistance levels, and wait for the price to retrace before entering the market in the direction of the main trend.
3. Scalping
Scalping is a short-term strategy that aims to make small profits from rapid price movements. Use short timeframes (for example 1 minute or 5 minutes) and take advantage of spikes in volatility.
4. Breakout Trading
Breakout trading is based on breaking key support or resistance levels. When the price breaks these levels, a strong move in one direction is expected. Indicators such as ATR (Average True Range) help you monitor volatility and choose the right times to enter the market.
Forex Trading Tips
Risk Management: Forex is a highly leveraged market, so protecting your capital is key. Use stop losses and take profits to limit losses and protect gains.
Conclusions
TradingView is an excellent tool for Forex trading, thanks to its wide range of advanced features, ease of use and the ability to analyze charts accurately.
Daily Market Outlook: BTC & Forex Setups (#3) | CPI ImpactBefore jumping into today’s analysis, let’s quickly revisit yesterday’s key event – the CPI report. As expected, it triggered a major sell-off in both crypto and stock markets.
📌 BTC Daily – Bulls Still Holding the Line?
Despite the heavy selling pressure and low volume, BTC managed to close above the $95K support level yesterday.
📊 Key Observations:
Sellers dominated, but buyers are still holding ground within this daily range.
No confirmed breakdown below $95K, so yesterday’s short scenario is invalidated.
Market remains extremely volatile, making clean trade setups difficult.
📌 Plan: Sitting out of crypto today until we get a clearer structure.
📊 DXY – Time-Based Correction or Breakdown Incoming?
The Dollar Index (DXY) is currently in a time-based correction and testing a key support at 107.372.
📊 Potential Scenarios:
✅ If support holds, we might see DXY push higher, adding pressure to risk assets.
❌ If it breaks down, expect further declines toward 105.692 and possibly 103.451 (Fib levels).
📌 Bias: Short-term bearish, but cautious due to the overall uptrend.
📉 USD/JPY – Short Setup in Play?
USD/JPY has completed its corrective phase within a major downtrend and seems to be resuming its bearish momentum.
📊 Key Trade Setup:
🔹 Short Entry: 153.391 (if triggered)
🔹 Take-Profit Zone: 152.473 support
If momentum continues, this could be a clean short opportunity.
Final Thoughts & Risk Management
⚠ Market is still choppy—wait for clear confirmations before entering trades.
⚠ FOMO is your worst enemy, risk management is your best friend.
💬 I’m Skeptic, and I’ll see you tomorrow with another market breakdown! 🤍
⚠ Disclaimer: These trade setups are based on my personal analysis and are not financial advice. If you don’t have a solid risk management plan, these triggers may not be suitable for you. Always do your own research (DYOR) and trade at your own risk. 💡
XAU/USD : Important Zones for BUY and SELL ! (READ THE CAPTION)By analyzing the 30-minute gold chart, we can see that gold continued its bullish momentum yesterday, reaching a new all-time high at $2,942, as expected from our previous analysis. It was still too early to anticipate a correction, and the strong momentum pushed the price higher.
Currently, gold is trading around $2,900, and I expect the price to dip below $2,896 soon to collect liquidity before we assess its reaction to this level.
Additionally, there is an FVG between $2,929 and $2,934, which I expect to be filled soon as price moves higher. Keep a close watch on how gold reacts at this level for potential SELL setups.
The key BUY zones to consider are $2,875, $2,866, and $2,856.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
BNB’s Explosive Comeback – Next Stop, ATH?CRYPTOCAP:BNB is currently exhibiting strong bullish momentum, making its way toward a key resistance zone near its all-time high (ATH).
The price is recovering from a critical support level and has reclaimed the ascending trendline, signaling renewed buyer confidence.
TradeCityPro | Bitcoin Daily Analysis #4👋 Welcome to TradeCityPro!
Today, I'll be conducting a deep analysis of Bitcoin, often referred to as the king of crypto due to its significant market dominance and cap. We'll be exploring suitable futures triggers for the New York session and examining the effects of the recently released U.S. inflation rates, which have favored the U.S. dollar.
⏳ Hourly Time Frame
As you can see, the long trigger we set yesterday was activated and has already yielded profits. The price approached our target resistance at 98482 but is currently being rejected from this area and is moving back down towards the support level at 95108.
🔍 This 95108 trigger remains robust, and if this area breaks, we can open a position. This support was effective yesterday, as you might have noticed—even though the news favored the U.S. dollar, this support prevented further price decline. Therefore, a break below this could likely initiate the next bearish leg for Bitcoin, with the first short position target at 92802.
📊 Excluding the news release time, market volume has generally been ranging and is progressively decreasing, indicating that a significant move is imminent. For long positions, the 98482 trigger remains suitable. The second long trigger is at 99946, with the primary trend-changing trigger still firmly at 101819.
👑 BTC.D Analysis
As I mentioned yesterday, I observed significant bearish momentum in the BTC.D chart, with the 61.10 support now breached. The next nearest support for Bitcoin dominance is at 59.84.
👀 With Bitcoin's dominance declining, if the market moves upwards, the Total2 triggers I will identify could be more suitable than the long triggers for Bitcoin itself. However, if this breach proves to be a fakeout and dominance returns to its box and moves towards its upper boundary, it could inject strong bullish momentum into Bitcoin's dominance, making a long position in Bitcoin more favorable.
✅ If the market falls and Bitcoin's dominance continues to decrease, Bitcoin positions will likely be more profitable. Conversely, if Bitcoin's dominance rises, altcoins will drop more than Bitcoin.
📅 Total2 Analysis
Moving on to Total2, you can see that despite the decline in Bitcoin's dominance, Total2 has maintained its position better than Bitcoin itself. Notice that Bitcoin has reached its primary support, whereas Total2 has only retracted from a recent high at 1.24.
✨ The ceiling of 1.24 remains a suitable trigger for long positions, though it should be approached as a scalp to a target of 1.28. The main breakout trigger is the breach of 1.28, which would confirm a trend change. For short positions, the risky position at 1.19 and the main position at 1.16 remain valid, targeting 1.1.
📅 USDT.D Analysis
Finally, let’s touch on USDT.D. This index could not maintain its position above its resistance, effectively causing the entire market to hold strong at support levels yesterday, contributing to the rejection of USDT.D from this area.
💥 Our triggers on USDT.D haven't changed significantly. For long positions, breaking 4.44 would be suitable as it would decrease Tether's dominance and potentially favor a market downturn; for short positions in a falling market, 4.62 is optimal, increasing Tether's dominance and potentially leading to a market decline.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
TradeCityPro | APE: Tracking the Downtrend Dynamics👋 Welcome to TradeCityPro!
In this analysis, I want to discuss the APE coin, which is currently experiencing a downtrend with each Bitcoin correction triggering a new bearish leg.
📅 Weekly Time Frame
In the weekly timeframe, we are witnessing a significant downward trend that began from the ATH at the 17.538 area. After multiple bearish legs, it has now recorded its main bottom at 0.563. We also have a descending trendline that has been tested several times and most recently had a fake breakout, failing to activate the trendline trigger at 2.291.
🔍 Currently, following the fake breakout of the descending trendline, a significant amount of selling volume has entered the market, and the price has returned to the crucial support at 0.563. The RSI also has a significant support level at 40.33, and a concurrent break below 0.563 and this RSI support could propel the coin toward a new historical low.
🔽 On the other hand, if support holds and the price moves toward and breaks the trendline trigger at 2.291, we would confirm a trend reversal, potentially initiating a new upward trend.
📅 Daily Time Frame
In the daily timeframe, we can observe more details of the price's downward movement. As seen, after the price reacted to and was rejected from 1.931, it entered a bearish trend, accompanied by a descending trendline.
📊 Overall market volume is declining, but after breaking below 0.848, a significant amount of selling volume entered the market, currently favoring sellers.
📉 The last bearish leg occurred after the price was rejected from 0.997 and broke below 0.848, dropping to the main support at 0.547. The market's momentum is strongly bearish, and it seems poised to continue this trend.
✨ However, as observed, a rounding bottom formation is taking shape at 0.637, and the price could potentially correct upwards. If the floor at 0.637 breaks, we can confirm that a new bearish leg has commenced, potentially driving the price towards lower lows and even breaking below the support at 0.547.
🔼 If the trendline is broken, the trendline trigger at 0.848 could be considered, but the main trigger for confirming a trend reversal is at 0.997. If this area breaks, the price could potentially head back towards 1.931.
📝 Final Thoughts
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! ❤️
ADA : This May Be Your Last Chance Before Exploding to Upside !!As you can see, the price is forming two bullish patterns on the daily timeframe, If my view is correct, ADA will rise to 0.93 .
And if this pattern is correct and breaks, higher targets are possible.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TradeCityPro | ONDOUSDT Good Opportunity to Buy👋 Welcome to TradeCityPro Channel!
Let's go together to analyze and review one of my favorite projects that I plan to put in my spot portfolio and find its entry points together
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Timeframe
In the weekly timeframe, it is one of the coins that has still managed to hold itself bullish and in the declines, its recent corrections have not yet fallen below the support of 1.2110, which is a good sign.
Also, it has corrected only two weeks after its listing and after the breakdown of the listed price, it has experienced a good move and Sharpe, which is also a good sign for this coin and this event has also caused a trend to form on this coin.
This upward trend, which we recently reacted to again, can help us a lot in the future, both in terms of reaction to it and in case of a breakdown of the trend line itself and any of the triggers on the chart can be a timely exit trigger for us in relation to the time of the breakdown.
To re-enter, we ourselves entered with a breakdown of 0.8456 and bought. For now, we continue to hold it. Our more reliable trigger is the breakdown of 2.0675. There is a risk trigger, let's also set a stop-buy with our previous weekly candle shadow and make our purchase with a stop loss of 0.8456
📅 Daily Timeframe
In the daily time frame, we are really in a better situation than the rest of the altcoins and we are fluctuating at a higher bottom than the rest of them, which still encourages me to be more bullish
The candle a few days ago that caused a drop in all altcoins led to a green candle and strong buyers' pressure in this coin, and it did not care about the corrections of a few days and it is in its range box
I myself will enter after the 1.6110 break and it is likely that the 2.0833 break will be sharp, so I will try to have a long futures position trigger or buy with this level, and with the ath trigger failure, I will simply raise my entry point and do nothing below 0.5683 for now I don't give
📝 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.
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