Tradingview
The #1 Reason This Stock Is A Short SqueezeThe problem is that short sellers
are trying to push the price of this stock
downwards.
Because we are in a bear market.
How do we know this ?
If you look at the latest chart
of the sp 500 here SP:SPX
You will see that the price
has crossed below the 50 EMA
this is a taking profit signal.
And also shows you that we are entering
a potential bear market.
Many people think its because of the
drop in the fed funds rate
which could be the cashflow investment
most stocks in the market market
Now look at this chart of NASDAQ:FOX
notice that the price is above the 50 EMA
also notice that the price is above the 200 EMA
This is also referred to as the rocket booster
strategy.
But the last step is the price
has to rally in a trend or hit a new high
Remember these 3 steps:
Price is above the 50 EMA
Price is above the 200 EMA
Price has to rally in a trend or hit a new high
As you can see on this chart the price
has hit a new high
but it later on dropped
that is your entry point.
Rocket boost this content to learn more.
Disclaimer: Trading is risky
please learn risk management and
profit taking strategies.
Also feel free to use a simulation
trading account before you trade
with real money.
Forex trading+The 3 Step Rocket Booster StrategyAm from trying to record a video
but for some reason my voice is low
and am not sure what it is..
-
Maybe am not feeling well,
or I have a cold.
-Anyway I wanted to share with you
this forex pair CAPITALCOM:USDCAD
Which is following the rocket booster
The rocket booster strategy has 3 steps:
Step#1: The price is above the 50 EMA
Step#2: The price is above the 200 EMA
Step#3: The price has to gap up
Now the price gap up, could also be a rally
or when the price is generally
at a new 52 week high.
Its at this point that the price action
finds support
At this support level is your entry opportunity
before another gap occurs in the future.
Rocket boost this content to learn more
Disclaimer: Trading is risky
please learn risk management
and profit-taking strategies.
Also feel free to use a simulation trading tool
before you trade with real money.
TradeCityPro | MEMEUSDT Potential Breakout from the Range Box👋 Welcome to TradeCityPro Channel!
Let’s dive into analyzing our coins in the current market conditions to identify potential triggers before the next move begins.
🌐 Overview Bitcoin
Before starting today’s altcoin analysis, as usual, let’s first check Bitcoin on the 1-hour timeframe. Bitcoin has finally initiated a wave, breaking through the 95753 resistance.
However, I’m not fond of the volume in these recent candles, and it needs to increase. You can consider opening positions upon entering the overbought zone.
Additionally, today saw a short-term wave with some green candles, accompanied by a decline in Bitcoin dominance. Now, as Bitcoin prints green candles, its dominance is also rising, indicating that the next wave moving toward Bitcoin’s peak might come with increased dominance.
📊 Weekly Timeframe
On the weekly timeframe, the altcoin MEME rejected the top of the range and the significant 0.01790 resistance, pushing it back toward the range’s bottom.
The buy trigger hasn’t activated yet, and this rejection has made the trigger even more critical. If you’re interested in buying this altcoin, consider adding it to your mid-term portfolio after breaking 0.01790.
If you’ve already bought at any level on this chart, it’s logical to exit and cut losses if the range’s bottom breaks. A break below 0.00997 would suggest forming new lows, so it’s better to liquidate and look for a fresh trigger later.
📈 Daily Timeframe
On the daily timeframe, following a heavy rejection from the 0.1795 resistance, MEME returned to the range, resulting in continued oscillations within this area.
We must consider that, price-wise, the market is at a logical level for buying. However, time-wise, it might range here for a while before starting a potential upward move. This makes it somewhat reasonable to take small spot risks during these days.
Based on the above, you can make a risky buy at 0.01132, with a stop-loss at 0.00861, after breaking the level. However, personally, I’ll hold onto liquidity for lower levels.
For example, if I have 30% of my funds in cash, any purchases I make here would amount to just 5% overall, assuming stop-losses are hit! For a more logical entry, I’ll monitor for a break above 0.01795.
⏱ 4-Hour Timeframe
On the 4-hour timeframe, MEME has been ranging for days within the 0.01007–0.01139 box. A breakout from either side of this range will provide a clear trigger without bias.
📈 Long Position Trigger
the rejection at the 0.01139 resistance has increased its significance. Once this level breaks, I’ll open a futures long position with a large stop-loss at 0.01.
📉 Short Position Trigger
momentum can be tracked on lower timeframes, and positions can be opened with triggers on these smaller timeframes. The 0.01 support level could be used for a small stop-loss and low-risk, quick profit management.
📝 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! ❤️
#RUNE #RUNEUSDT #THORChain #Analysis #Eddy#RUNE #RUNEUSDT #THORChain #Analysis #Eddy
At your request, dear followers, I'm here with a technical analysis of THORChain (RUNE).
On the daily timeframe, after exiting the trend and the ascending channel, I expect RUNE to have a Sharpe decline to the specified demand area after pullback to the specified supply zone at 5.170 & 5.270.
After this drop to the demand zone, with confirmation, we can enter long positions with a focus on the targets of $10 and $20.
It is also appropriate for spot buy in prices : 2.150 & 2.000
I also invite you to benefit from my Bitcoin analysis...
Bitcoin analysis: ((BTC/USD)): Check the link:
ADA - Time to buy again!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to
$1 or more than after breaking this wedge, but considering the Christmas holidays, this might take a bit longer.
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 | ANKR: Weekly Long-Term Box and Gradual Channel👋 Welcome to TradeCityPro!
In this analysis, I will examine the ANKR coin, which is part of the infrastructure for Web3 and other blockchain projects, with significant partners like Binance and Polygon.
📅 Weekly Timeframe: Long-Term Box with a Slight Incline Channel I will perform this analysis mainly using Fibonacci levels to identify crucial areas. In this timeframe, we can see the price movement from the previous alt season, which had significant growth followed by a decline after breaking the 0.236 Fibonacci level, correcting down to the 0.5 Fibonacci level.
🔍 The support at $0.01728, which coincides with this Fibonacci level, is currently the most crucial support on this chart. Since the price bottomed out in this area, we have seen a very gently sloping upward channel that has reacted three times and had one fake break above the ceiling before returning to the box.
📊 Given the greater ratio of buying to selling volume, I see a higher likelihood of the channel breaking upwards and the price increasing. The RSI has also risen from the 50 level, which could generate bullish momentum. The current main ceiling appears to be $0.06131, which coincides with the 0.236 Fibonacci level and represents a strong resistance.
📈 If the price rises and breaks through $0.06131, the next resistance will be at $0.19012, which is the all-time high (ATH) for the price. I will determine higher targets using Fibonacci extensions.
🔽 In a bearish scenario, the first support is the dynamic floor of the channel. If this support breaks, the primary supports at $0.02223 and $0.01728 are very important levels, and reaching any of these supports could introduce bullish momentum into the market and prevent further declines. If these supports break, the next support will be at the 0.618 Fibonacci level.
✨ Moving on to finding targets based on Fibonacci, as you've seen, the price has corrected to the 0.5 Fibonacci retracement and has good momentum for continuing the upward move. According to Fibonacci rules, when a price corrects to 0.5, the likelihood of moving to the previous high with a break increases.
🧩 The previous price peak is at $0.19418, which coincides with the 0.5 Fibonacci extension. From a market cap perspective, this coin's price could move up to $0.34361. Therefore, we can consider logical targets between $0.19418 and $0.34361. Although the target box size is large and nearly 100% different, this is a weekly trend, and this target is approximate; we must wait for the price reaction to this range to find a more precise target.
🚀 I believe this range is a logical target for this coin, but if the market cap of the project increases and it becomes one of the more significant cryptocurrencies, the price could potentially move to the 1 or even 1.272 Fibonacci points.
📝 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! ❤️
JASMY is Bullish now & many Traders don't see it !!JASMY managed to break this triangle, but it can't yet be said that the price is bullish unless a few more candles close above the triangle, and then it can be said that the price is bullish.
Price could push the price up to the 0.618 Fibonacci line...
PREVIOUS ANNALYSIS
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!!
DOGE What will happen in the short term ?According to my calculations, the price will reach 0.32 in the short term.
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 Academy | Money Management👋 Welcome to TradeCityPro Channel!
Money Management Training Is More Important Than Learning Technical Analysis
Let’s start the channel's training with the most important lesson, which helps us survive in the market, transform from a losing trader to a profitable one, and maintain our peace of mind!
📚 Capital Management in Life
Capital management in life means planning and managing your financial, time, and even energy resources optimally to achieve personal and professional goals.
This concept goes beyond financial matters and includes conscious and responsible decision-making to utilize various resources.
🕵️♂️ Capital Management in Financial Markets
Capital management in financial markets refers to planning and controlling the amount of capital allocated for trading, investing, or activities in these markets.
The main goal of capital management is to reduce the risk of asset loss and maintain financial survival in various market conditions. It is one of the key principles of success in trading and investing.
💰 Trading Without Capital Management
Surely, like me, you have traded before learning about capital management, and some of you might have even been profitable for a while.
However, that profitability has never been sustainable, and at some point in the market, you would lose a significant portion of your capital. Consequently, you might experience severe stress and pressure, affecting your social relationships, family life, restful sleep, and a stress-free lifestyle.
Trading without capital management can bring profits occasionally, but the volatility in your trading account increases significantly, disrupting your peace of mind.
For instance, if you have a $10,000 account, trading without capital management might result in one day making $20,000, but the next day dropping to $5,000. This wide range of volatility and the feeling of gaining and losing capital lead to losing your calm in subsequent trades, making you constantly monitor the charts because you haven’t set any rules for yourself.
What If My Capital Is Only $100?
You might say, “I only have $100; why should I do capital management? A 2% profit on $100 is insignificant.” Here’s the answer: even if your capital is small, you must manage it.
If you consistently make a 5-10% monthly profit on that $100 over a year, your capital might not become substantial, but you’ll become a trader who many investors will seek to entrust their funds to. So, don’t just look at percentages.
💵 Why Don’t Most People Practice Capital Management?
The reason why 95% of market participants don’t practice capital management is that they see trading as a get-rich-quick scheme.
Unfortunately, due to misleading advertisements designed to empty your pockets, many view trading as a shortcut to wealth.
Trading is a long journey; without practicing capital management, you might turn $100 into $10,000, but you’ll lose it all in the next trade.
This isn’t poker, gambling, or any similar game. Markets are far more unpredictable. Without setting rules for yourself, you’ll be eliminated quickly, and your money will go to those who stay in the market.
💼 Defining Risk in Capital Management and Setting Daily Risk Limits
While practicing capital management, you must define your daily risk limit. This means deciding the maximum percentage loss you’re willing to accept before closing the charts and ending your trading day.
For example, if your daily risk is 1%, regardless of whether you open 4 trades or 2 trades, you’re not allowed to lose more than 1% of your capital in a single day.
Now, suppose you’ve defined your daily risk limit. If you lose 1% for three consecutive days, totaling a 3% capital loss, would you be okay? Would you talk to your family and friends as usual? Would you stay calm? If not, then this isn’t your appropriate risk level, and it needs to be lowered.
Additionally, you should have a monthly risk limit. For example, if your monthly risk (or drawdown) is 10%, you should stop trading for the month if you lose 10% of your capital and return to the charts the following month.
Initially, accepting stop-losses, planning your trades, and adhering to capital management may be difficult. However, you must practice capital management for all your positions, not just a single trade.
You should also set penalties for not adhering to it! Penalties vary depending on each person’s life. Moreover, you should view your profits and losses in percentages, not in dollar amounts. For example, instead of saying, “I made $10,” say, “I made a 1% profit.” Viewing your results in percentages is crucial as your capital grows because focusing on dollar amounts can negatively affect your trading.
💡 Practice and Example on the Chart
Let’s go through an example on the chart to fully grasp the concept. On the chart, you’ll see the capital management formula, which includes:
The total capital you’re using for futures trading.
Your risk percentage, which is your position and daily risk discussed earlier. For instance, if your daily risk is 1%, your position risk could be 0.25%, 0.5%, or 1%, depending on the number of trades, but this is specific to the position you’re about to open.
On the other side of the equation is the position size, which is the unknown we’re solving for using this formula. Next is the leverage, which is set in your exchange and doesn’t significantly impact your capital management. Finally, there’s the stop-loss size, which is determined using the position management tool in TradingView.
Now, let’s apply the formula to a Bitcoin trade with a 4% stop-loss and a risk-to-reward ratio of 2.
Suppose your total capital for futures is $1,000, and you’re willing to risk 0.5% on this position. The multiplication of these two numbers gives $500. On the other side of the equation, we’re solving for position size in dollars.
Assuming a leverage of 10 and a 4% stop-loss (as shown in the example), the multiplication of 10 and 4 equals 40. Dividing $500 by 40 gives us $12.5. Therefore, you can enter this position with $12.5 using a 10x leverage.
❤️ Friendly Note
If you don’t practice capital management or don’t agree with me, that’s completely fine!
But take a small portion of your capital and trade according to the explanation above. See if you feel calmer and more at ease. Afterward, decide what’s best for your life.
Finally, try to share this article as much as possible so that people don't lose their money in the market because it's not just their money that makes them frustrated and their pride is lost. Let's help them with the help of the community!
TradeCityPro | APT: Daily Trend Breaks and Bottom Forming👋 Welcome to TradeCityPro!
In this analysis, I will examine the APT coin, the primary coin of the APTOS network, which is one of Ethereum's second-layer networks. This analysis will be conducted in the daily timeframe.
📅 Daily Timeframe: Breaking the Curved Trend Line and the First Bearish Leg In the daily timeframe, we are witnessing a strong upward trend that started from the $4.89 area with a curved ascending trend line up to $14.75. This trend line supported the price three times but finally broke on the last contact, initiating the start of a bearish wave from this trend line break.
📊 After the price reached the peak of $14.75, the market volume gradually decreased, and after forming a lower high and breaking the curved ascending trend line, the market momentum shifted and the bearish phase began.
🔽 The main correction trigger after the trend line break was the break of $11.28, which coincided with the 0.236 Fibonacci level, making this area a strong Potential Reversal Zone (PRZ). However, the bearish volume and momentum were strong enough to break this support.
🔍 Currently, the price is attempting to round off and form a bottom. It's also the Christmas holiday season, and the market volume has decreased, which could make it easier for whales and holders of this coin to facilitate bottom formation. Additionally, the price has reached the golden Fibonacci zone between 0.5 and 0.618, which could significantly influence the end of the correction and the continuation of the upward trend.
🧩 The RSI oscillator is also in a critical and interesting area. If it stabilizes below 30 and enters the Oversell region, there might be panic in the market, potentially leading to a sharp drop. For the continuation of the upward trend and a new bullish leg, the RSI needs to rise above the 50 area to introduce momentum into the market.
📉 If further correction occurs, the next support level is at $7.51, and in the event of panic and sharp declines, the next support would be at $4.89.
🔼 For long positions, if the momentum changes, the market will create a new structure and provide triggers, but currently, the only triggers are at $11.28 and $14.75. The next resistance will be at $17.96.
📝 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! ❤️
TradeCityPro | BCHUSDT Final Analysis of 2024👋 Welcome to TradeCityPro Channel!
Welcome to the last analysis of 2024! The Trade City Pro team is very happy to have been with you this year and, at your request, has resumed its activity on TradingView. Our first analysis dates back to 2021 on this platform. :)
🌐 Overview Bitcoin
Now let’s analyze Bitcoin Cash (BCH) together in the final hours of this year. But remember, tomorrow is the most holiday-packed day of the year, with about 60% of the world’s population enjoying their break, which means trading activity is expected to be low.
Before starting the analysis, as always, let’s take a quick look at Bitcoin. On the 1-hour timeframe, it has rejected resistance, and the RSI failed to enter overbought territory, returning to the 91830–95753 box. It’s likely that Bitcoin will range within this box tomorrow.
Alongside this rejection, Bitcoin dominance has been trending upwards, causing altcoins to experience deeper red candles on the last day of the year.
📊 Weekly Timeframe
On the weekly timeframe, BCH is one of those coins that is still bullish. It recorded higher lows in both 2023 and 2024 and has shown good performance. The $94.8–$138.2 range corresponds to Bitcoin’s $16k zone.
If you bought from lower levels, it’s reasonable not to make any moves for now and continue holding your position. You can consider withdrawing your initial capital and exiting below $302.4 if a weekly candle closes there.
Personally, I’m not entering this coin right now, but the $689.5 trigger on the weekly timeframe is a key level. After breaking this, BCH is likely to enter the overbought zone with higher volume. Therefore, taking risks and buying at $302.4 or $424.2 could be logical.
📈 Daily Timeframe
On the daily timeframe, after breaking through the daily resistance box at $369.8, which gradually lowered its resistance, BCH started its upward move and was rejected at $623.4, leading to the key support level of $432.0.
This support is very important as it can change the corrective momentum and enable BCH to test the highs again. If it breaks, BCH could drop to $369.8.
During the uptrend and box breakout, volume increased, which is a good sign. However, volume decreased during the decline, which is also positive. Still, today’s daily candle shows significant volume with an upper shadow, increasing the likelihood of further downside.
⏱ 4-Hour Timeframe
On the 4-hour timeframe, we see that volume is at its lowest, and trading activity is minimal. If you’re trading, open positions with lower risk.
At the $622.1 level, a fake breakout occurred. This is a trader-trapping strategy where, after faking a support or resistance, we look for the first breakout trigger on lower timeframes and open a risky position, as fake breakouts can sometimes reverse trends.
📈 Long Position Trigger
since BCH is at a relatively higher level than most altcoins, we can open one after breaking $453.6, but with a small stop-loss and quick profit-taking.
📉 Short Position Trigger
BCH is at critical support, and after breaking $431.2, there’s no significant support until $383.3, making it possible to open a short position. Just remember that market volume is very low, so trade with reduced risk and exit promptly when necessary. I’ll indicate whether to use a larger stop-loss like last month’s uptrend or not when it’s required.
📝 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! ❤️
I Cannot Short This !!! situation+next targets.Technically, the cup and handle pattern has broken, which indicates a price increase. The price can easily reach the target goals.. If we measure the AB range, which is $17.5 , and if the breakout is confirmed, we can say that the price will easily grow $37 equal to CD.
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!!
USOIL - bottom out here ? what's next??#USOIL.. after a perfect holdings and pull back now market just above his current immediate supporting area that is around 69.90 to 70.20
keep close that region because if market hold it in that case we can expect a further push to higher side.
dont short until market hold it ...
good luck
trade wisely
This is The #1 Secret For Trading ChartsOne of my old time friend came to see me
asking for help on finding a document scanner
because he is finalising his job application
Also to add salt to the wound he knows
I don't have a job, he has been making
fun of my trading knowledge
and experience and mentors.
since I bagan on this journey
this "friend" of mine pretends to be a friend
but deep down is actually plotting to
get resources through
time, and money and discouragement
This makes me angry.So how did I know this?
i noticed this through experience of being
a friend to him.
Sadly not all our friends
have good intentions.I once warned my brother
to not share the truth with people who are not
ready to hear it.Sometimes the public
is not ready for the truth
But if you are reading this right now
Then am going to reveal to you through
my trading experience what I have
learned and truly mastered
Look at this chart NASDAQ:GOOGL have you
noticed the piercing pattern?
This pattern is a reversal pattern
that you can use to your advantage
it compliments the last step of the rocket booster
strategy.
What is the Rocket Booster Strategy?
this strategy has 3 steps..
To learn more check out the
resources below.
Remember combine
chart patterns with the rocket booster
strategy
Rocket boost this content to learn more.
Disclaimer:Trading is risky you will
lose money wether you like it or not
please learn risk management and profit taking strategies.
Also use a simulation trading
account before you trade with real money
TradeCityPro | ONG: Daily Momentum and 4H Futures Triggers👋 Welcome to TradeCityPro!
In this analysis, I will examine the ONG coin, a key project within the Ontology ecosystem and a foundation for other projects within this ecosystem.
📅 Daily Timeframe: Loss of Momentum After a 100% Rally
In the daily timeframe, we observe an accumulation box from $0.2504 to $0.3551. After the last rebound from the $0.2504 support, the price experienced a 100% growth to the resistance at $0.5392.
🔽 After reaching this area, the market momentum completely shifted, and the price fell first to $0.3551 and is now at $0.3002. We can now say that the bullish momentum has dissipated, and for the price to increase again, it needs to build a new structure.
🔍 If further declines occur, breaking $0.3002 would be a suitable trigger. For confirmation of bullish trends, breaking $0.3551 is appropriate, but I will discuss these triggers more in the 4-hour analysis.
📊 The volume for this coin is generally low, which, as you can see, creates many shadows making futures trading challenging. Currently, the volume is also gradually decreasing.
🔼 If $0.3551 breaks and the RSI surpasses 50, the price could move higher. The targets for this move are $0.5392 and $0.7393.
📉 If $0.3002 breaks, the next supports are $0.2504 and $0.2170.
⏳4-Hour Timeframe: Futures Triggers
In the 4-hour timeframe, we can see price behavior in more detail.
✨ After the second bearish leg from $0.4071 to $0.3002 and a fake break of this support, the price formed a range box and we can also observe a descending trend line.
🔽 For a short position, if $0.3002 breaks, consider opening a short position. The target for this position is $0.2602. However, a floor above this zone at $0.3100 presents a riskier trigger, and if this area breaks, you could open an early short position. A break of 41.06 aids the entry of more bearish momentum and further market decline.
📈 For a long position, first wait for the descending trend line to break. In this case, you can use the trend break trigger or wait for a break of $0.3564. The target for this movement is $0.4071. The next trigger for a long position is a fake break of the $0.3002 support, which has already happened once and managed to keep the price above it. In case of another fake break, you could open a position with an engulfing candle or another pattern trigger.
📝 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! ❤️
Step 3 "Rocket Booster Strategy" BreakdownThe number one key to happiness
for a stock trader or forex trader is coffee and 2 slices of bread.
This is what am from having just before sharing this
awesome video lesson with you
You need to watch this video because
inside you will be learning:
1-The best candlestick pattern
2-A Bullish candle stick pattern
3-A reversal candle stick pattern
Also if you use this chart pattern with the rocket booster
strategy it will really help you alot.
Rocket boost this content to learn more
Disclaimer: Trading is risky you will lose money
please Learn risk management and profit-taking strategies.
Also, use a simulation trading tool
before you trade with real money
This #1 Chart Pattern Will Help YouI was trying to buy the break out in natural gas
about 2 weeks
ago, and then it crashed
and then bounced back up..
the volatility in the futures markets is insane
Also the lack of liquidity can be a challenge
Now if you look at this chart you
will notice this candle stick chart patterns
its called the piercing pattern
now this pattern is basically
when the green bar- opens below
the previous "wall of sellers"
and then closes above the last close
this is a bullish pattern, which I learned from
reading Steve Nisson's Book
on candlestick charting.
Also if you combine this technical analysis with
the rocket booster strategy
you will
get to see the full picture
of this price action going up
if you want to learn more about the rocket
booster strategy check out the resources below.
Rocket boost this content to learn more.
Disclaimer: Trading is risky you
will lose money so please learn risk management
and profit-taking strategies
also, use a simulation trading tool before
you trade with real money
TradeCityPro | APEUSDT Calm in the NFT Market👋 Welcome to TradeCityPro Channel!
Let’s analyze one of the most well-known coins in the NFT space, which instantly reminds us of the NFT market whenever mentioned.
🌐 Overview Bitcoin
As usual, before starting the analysis, let’s take a look at Bitcoin on the 1-hour timeframe, where it seems the 92722 support has been faked. On the 4-hour timeframe, a good engulfing candle is forming near the year-end, which could be a positive sign.
Today's daily candle is very important. If it closes with good volume, we might consider a risky entry while keeping an eye on the market. If Bitcoin dominance rises, we might see Bitcoin's upward movement toward 115K, and if dominance falls, the altcoin market could offer better opportunities!
📊 Weekly Timeframe
In the weekly timeframe, we can see APE has risen from its last support at 0.557, finally showing signs of life and activity, which is promising for the NFT market, although more active projects like BLUR exist.
After being rejected from 1.883, the resistance level shifts to 2.335, which could mark the breakout point of the weekly box. Breaking this level could act as a trigger for buying, with a stop loss at 0.892.
If 0.892 breaks, it’s logical to set your stop loss below 0.557. Even if you are holding from before, it makes sense to exit your position and cash out below this level.
📈 Daily Timeframe
On the daily timeframe, after the break of 0.894, it was possible to buy with either a Risky stop loss at 0.67 , Secure stop loss at 0.545
If this trade was taken, it would have been reasonable to exit the initial investment at 1.943. If not, it’s better to currently do nothing and let the stop loss hit.
For re-entry, I’d likely wait for 1.943 or 1.269 to break while watching for capital inflow into the NFT market. Personally, I’d focus on other coins in the NFT space with newer features.
During the upward movement, volume increased, and during the correction, volume decreased, which is a positive sign for the bullish trend. Unlike some coins that returned to their daily boxes, APE hasn’t, which makes it slightly more bullish.
⏱ 4-Hour Timeframe
In the 4-hour timeframe, after the drop and rejection from 1.903, sellers are currently active, and the coin is within a box that defines its next move.
📈 Long Position Trigger
The strategy is clear—wait for a break of 1.280 with increased volume to open a long position. Be mindful of market conditions and manage risk with smaller position sizes. The current 4-hour candle looks promising.
📉 Short Position Trigger
After breaking 1.174, a short position can be opened with a target of 1.024, but use a tight stop loss. Once you hit your desired risk-to-reward ratio, manage the position or take profits quickly.
If stopped out, take a temporary break from the market.
📝 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 | CAKE: Weekly & Daily Price Dynamics👋 Welcome to TradeCityPro!
In this analysis, I will examine the CAKE coin. Pancake Swap is a DEX platform on the BSC network, ranking first among DEXs by TVL. This analysis will technically review the platform's coin, CAKE.
📅 Weekly Timeframe: Reaching the Demand Zone In the weekly timeframe, following the break of the $3 support, the price dramatically fell, and after several weeks, it found a bottom at $1.093. With incoming buying volume, it rebounded from this zone and eventually reached up to $4.753.
🔍 After the initial contact with this area, the price was rejected and fell sharply again to $1.549, where the second bottom was formed. After a confirming candle, the price moved towards the supply zone near the resistance at $4.753.
📊 The buying volume was very strong in the bullish candles that formed, but after reaching $4.753, we observed a heavy rejection and the price retraced the entire bullish leg. With the RSI reaching the 50 level, the bullish momentum also dissipated.
🚀 For an uptrend, as long as the price is below the supply zone, I do not expect large and sharp candles. However, if $4.753 is broken, the price could move towards targets at $9.723 and even $41.575.
🔽 If further correction occurs, the most crucial support is at $1.093, which must not be lost.
📅 Daily Timeframe: More Chart Details and Price Behavior In this timeframe, we can observe more details about price behavior. Currently, the price is in a very tight range box from $2.243 to $2.627, and breaking either of these areas could start a new trend.
📈 If $2.627 is broken, the price could again move up to the $4.753 ceiling. Entry of buying volume and a break of 50 in the RSI will significantly impact this bullish leg.
⏳ On the other hand, if $2.243 breaks, the price could move down to the $1.549 support and, if bearish momentum increases, could even break this support and move towards lower lows.
📝 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! ❤️
GBPUSD - at ultimate region, holds or not??#GBPUSD.. perfect holding of our area as we discussed couple of time's in history, market again at his swing region.
guys it will be our ultimate region and swing region.
if there is any kind of bounce in pound then it should hold this region.
that is around 1.2500 to 1.2520
keep close and don't until market hold it.
and keep in mind below that we will go for cut n reverse on confirmation.
good luck
trade wisely
Nothing !!!The price is currently within a triangle and will reach the end of the triangle in the coming days. At that point, we should look for a position, considering two scenarios: one is that the triangle breaks upward and the price rises to the 0.382 Fibonacci line, and the other is that the triangle breaks downward and the price drops. However, we must consider the "father" of this coin, Toncoin, which plays a significant role in valuing this coin.
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TradeCityPro | CRV: Daily & 4H Correction Patterns👋 Welcome to TradeCityPro!
In this analysis, I will examine the CRV coin, which belongs to the Curve project, a DEX platform in the DeFi space. The analysis is conducted on both daily and 4-hour timeframes.
📅 Daily Timeframe: Beginning of Correction In this timeframe, after negative news for CRV, the price reached the support level at $0.2309, forming its main bottom there and starting its upward movement after accumulating.
📊 With the influx of buying volume, resistances at $0.3425 and $0.4070 were easily broken, and the price reached the resistance at $1.2630 with high momentum. The buying volume peaked and, with a Blowoff candle, the price correction began.
✨ The RSI exiting the Overbuy zone triggered the start of the price correction down to $0.382. Currently, the bottom of the correction is forming at $0.7890, and breaking this area could reach the $0.5 and $0.618 Fibonacci levels, which I have marked as limited areas for you. If these areas break, the next supports will be at $0.4070 and $0.3425.
🔍 If the price wants to continue in the same cycle with the next upward wave, it should not lose the range between $0.5 to $0.618 Fibonacci. Breaking this range would reset the market momentum, and the chart would need to create a new structure.
📈 For going long, the best trigger is breaking $1.2630 targeting $1.9116. If this area breaks, the volume and RSI should converge with the price. A divergence in volume greatly increases the likelihood of a fake break. For riskier triggers, it's better to look into the 4-hour timeframe.
⏳ 4-Hour Timeframe: New Price Structure in the Correction Phase
In the 4-hour timeframe, we can see the last upward leg in more detail and apply a new Fibonacci Retracement.
🧩 Currently, the price has corrected to the $0.5 Fibonacci zone, which overlaps with $0.7890, forming the primary bottom of the correction.
🔼 For an early and risky long position, breaking the resistance at $1.0451 is suitable. However, as mentioned in the daily timeframe analysis, the main resistance and trigger for going long is $1.2630.
🔽 For a short position, breaking the $0.382 Fibonacci, which overlaps with $0.9069, is suitable, but be cautious as you are shorting in a correction of an upward trend. Engage minimal risk so that if the upward trend continues, you do not incur significant losses.
🔑 The market volume has been decreasing since the peak at $1.2630 and is now at its lowest. The RSI is also ranging between 39.82 to 59.27, with a break of either area potentially introducing new momentum into the market.
📉 If further correction occurs, the next supports are the $0.618 Fibonacci at $0.69, and the areas at $0.5553 and $0.4661.
📝 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! ❤️