TradeCityPro | SUIUSDT The Best Coin of the Week?👋 Welcome to TradeCityPro Channel!
Let’s dive into the analysis of SUI, a coin that has recently caught significant attention for its impressive performance. Despite being a young coin listed in mid-2023, SUI has managed to climb to the 15th rank in the market.
🌐 Overview Bitcoin
As always, we begin by analyzing Bitcoin. On the 1-hour timeframe, after rejecting and setting a new ATH at $108,230, Bitcoin has entered a downtrend, which appears to have ended at $92,400.
However, the market is at a critical decision point. If Bitcoin fails to hold above $96,277 and breaks $99,079, a bullish continuation can be expected, proving this decline was merely corrective. Otherwise, breaking below $96,277 could signal shorting opportunities. Yet, caution is advised—secure profits quickly and avoid greed.
Bitcoin dominance, which has recently attracted much attention, saw a pullback to the 60% resistance level. This move, accompanied by market corrections, led to larger declines for altcoins, indicating the need for Bitcoin dominance to form lower highs—a shift that may be underway.
🕵️♂️ Previous Analysis
we had identified a PRZ area, and after breaking the 3.4295 support, it reacted to this zone. Following the rebound, it reached the resistance level we had previously identified at 4.7422. Currently, it is fluctuating just below this resistance.
📊 Weekly Timeframe
On the weekly timeframe, SUI has shown remarkable bullish momentum. After breaking the $1 resistance, it rallied toward $5 and currently trades at $4.5468.
The coin experienced strong volume inflows, maintaining RSI in the overbought zone for weeks. Yet, a breakout above 84.09 could justify additional entries.
If this week’s candle closes green, it will highlight strong buyer activity, reinforcing SUI’s exceptional performance amid market corrections. For those who entered at $1 or $1.76, transferring assets to DeFi platforms could be a wise move for leveraging SUI’s growth.
Using Fibonacci retracement, we identified potential future targets at $5.73, $14.56, and $23.83, depending on market cap movements.
📈 Daily Timeframe
On the daily timeframe, after breaking the $1.0273 range, SUI initiated its primary uptrend, forming new resistances and continuing upward. Yesterday’s daily candle confirmed strong buying interest, showcasing the coin’s superior recovery compared to others in the market.
Even now, an entry with a stop-loss at $3.1340 could be considered for high-risk buyers. Volume data also clearly indicates significant inflows.
Key support levels align with Fibonacci retracements, with $2.3716 being the most crucial level—serving as both a 0.382 Fibonacci level and a previously broken resistance turned support.
⏱ 4-Hour Timeframe
On the 4-hour timeframe, after the Fed meeting and Powell's speech caused market declines, SUI quickly rebounded from the $3.5013 support level, showing a sharp recovery back toward its highs.
📈 Long Position Trigger:
breaking $4.7955 offers an ideal entry point, with orders placed above resistance due to potential whale activity. Ensure a wide stop-loss to avoid being stopped out by volatility.
📉 Short Position Trigger:
while I wouldn’t short SUI personally, breaking $4.345 could justify a position with a tight stop-loss. Regardless, secure profits quickly to mitigate the risk of rapid reversals.
🔗 Chart: 4H SUI Chart
💡 BTC Pair Insight
Against BTC, SUI is one of the most bullish pairs in the market. While most coins show red candles against Bitcoin, SUI strives to close green. If it breaks the 0.00004306 resistance and RSI confirms above 74.98, a strong upward trend could follow, benefiting both BTC and USDT pairs.
🌞 Conclusion
SUI stands out as a strong contender this week, displaying exceptional resilience and bullish momentum. With clear triggers for both long and short positions, the coin offers opportunities for strategic trading. Ensure careful risk management and stay prepared for rapid market shifts.
📝 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! ❤️
Community ideas
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 2647 and a gap below at 2618. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2647
EMA5 CROSS AND LOCK ABOVE 2647 WILL OPEN THE FOLLOWING BULLISH TARGET
2668
EMA5 CROSS AND LOCK ABOVE 2668 WILL OPEN THE FOLLOWING BULLISH TARGET
2691
EMA5 CROSS AND LOCK ABOVE 2691 WILL OPEN THE FOLLOWING BULLISH TARGET
2719
BEARISH TARGETS
2618
EMA5 CROSS AND LOCK BELOW 2618 WILL OPEN THE FOLLOWING BEARISH TARGET
2595
EMA5 CROSS AND LOCK BELOW 2595 WILL OPEN THE SWING RANGE
SWING RANGE
2570 - 2551
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Bitcoin - More blood will follow (Do not buy now, buy here!)Bitcoin is completely manipulated by the banks and huge institutions. They sent Bitcoin down just to make your Christmas and New Year celebrations bad. But luckily I warned you about this crash a few days ago, just before it happened in my previous analysis, when almost everyone was drunk with strong greed. Bitcoin crashed by 15% so far; altcoins are down by 30% to 70%.
The last days were very profitable, but let's focus on the future, because that's the most important. Bitcoin bounced a bit from 92k to 99k, giving players hope that the bottom is in. But do not be fooled, this looks like a corrective move for multiple reasons.
The first reason is that the crash was extremely fast and strong, pretty much no one expected such a drop in the short term. My Elliott Wave analysis suggests that this is a strong impulse wave 12345 and therefore the start of a larger corrective structure ABC. We have finished wave A, now we are in wave B, and we can expect wave C to finish at around 85k! You want to take a Fibonacci extension, as you can see on my chart.
I strongly recommend waiting for 85k because we have an unfilled FVGAP on the daily chart, and this needs to be tested. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss. I share my trades privately. Thank you, and I wish you successful trades!
BTC - This Christmas is NOT different!Hello TradingView Family, this is Richard, and I want to wish you all a Merry Christmas.
I hope you enjoy this Christmas-themed idea.🎄
💡Can you spot a pattern here?
As shown in my last two Christmas posts (attached to the chart), BTC broke out of consolidation and surged by around 70%.📈
I believe this Christmas will be no different.
For the next bullish wave to begin, a break above the orange zone is needed, which aligns perfectly with the $100,000 round number.
What do you think? Will this Christmas follow the structure of the past two years, or will it be different and lead to a deeper correction⁉️
📚Always follow your trading plan regarding entry, risk management, and trade management.
And Remember: All Strategies Are Good; If Managed Properly!
Merry Christmas Everyone 🎄
~Richard Nasr
GOLD 4H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing ema5 play between two weighted levels with a gap above at 2629 and a gap below at 2600. We need ema5 to cross and lock above or below the weighted Goldturns to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2629
EMA5 CROSS AND LOCK ABOVE 2629 WILL OPEN THE FOLLOWING BULLISH TARGET
2655
EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET
2694
EMA5 CROSS AND LOCK ABOVE 2694 WILL OPEN THE FOLLOWING BULLISH TARGET
2726
BEARISH TARGETS
2600
EMA5 CROSS AND LOCK BELOW 2600 WILL OPEN THE FOLLOWING BEARISH TARGET
2561
EMA5 CROSS AND LOCK BELOW 2561 WILL OPEN THE SWING RANGE
SWING RANGE
2518 - 2486
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
WEEKLY CHART MID/LONG TERM ROUTE MAPHey Everyone,
Another update on the weekly chart idea we have been tracking for over a month now and still playing out as analysed.
As stated already this chart allowed us to project the long term corrections and direction. We are using this chart to track our bullish targets until no ema5 lock to confirm rejections on the levels.
The channel top is continuing to provide support like we stated for the past few weeks, We had a test within the channel into 2590 axis inline with the retracement range, which gave the perfect reactional support bounce.
This is the beauty of our Gold channels, which we draw in our unique way, using averages rather than the price. This enables us to identify fake-outs and breakouts clearly, as minimal noise in the way our channels are drawn.
As long as we see no ema5 break and lock below into the channel, we cane safely continue with our plans to buy dips in this range within the boxes using the levels just like last weeks reactional bounce on the retracement axis level.
We will continue to track the movement down and trade the bounces up, inline with our plans to buy dips, using our smaller time-frames, keeping in mind the long range gaps above for the future.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD DAILY CHART MID/LONG TERM UPDATEHey Everyone,
Please see the daily chart update we have been trading and tracking for a while now, to give you all an overall view of the range.
After completing 2686 previously we were left with a candle body close break opening the gap above but had no cross and lock therefore confirming rejection for the move down.
We are now seeing price play in the retracement range and expect this range to provide support with the lowest in the range we can see 2560 and support above this level should provide bounces to chase targets above.
We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
TradeCityPro | MNT: Momentum in Mantle's Layer 2 Network👋 Welcome to TradeCityPro!
In this analysis, I’ll review MNT, the token for the Mantle Network, which is a Layer 2 solution on Ethereum. Over the past few weeks, this token has shown significant bullish activity. If you’ve been following our YouTube channel, you’ve likely participated in the Cook airdrop on Mantle and bought MNT at lower prices.
🔍 After the price reached the $1.2701 zone and made a false breakout, it failed to reach the $1.4386 resistance level and began a correction, retracing to the 0.236 Fibonacci level.
📊 Despite the ongoing correction, selling volume has decreased, and green candles exhibit higher volumes, indicating the strength of MNT’s bullish trend.
📈 If the price breaks through $1.2701, it can easily register a new all-time high. However, to determine the precise targets, we need to wait for the breakout confirmation and utilize Fibonacci extension levels.
🧩 If the price fails to hold the 0.236 Fibonacci level, it could drop further toward the 0.382 level, which overlaps with the $0.9248 support zone.
🔽 Further support zones include the 0.5 Fibonacci level at $0.83 and the range between 0.707 and 0.786 Fibonacci levels, which intersects with the $0.655 support zone.
A breach of the $0.655 support would indicate the end of the uptrend, with the final major support resting at $0.5373.
✨ Additionally, breaking the 50 RSI support would increase the likelihood of a bearish continuation scenario.
📝 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! ❤️ above.
THE KOG REPORT THE KOG REPORT:
In last week’s KOG Report we said we would be looking for the levels of resistance above at the 2670-75 region where we anticipated the short trade to come from and the lower levels of support standing at 2630 where we wanted to see a reaction in price. We managed to get the short just below around the 2665 region giving us a nice start to the week in Camelot, targeting lower and breaking through 2630. We then continued to short completing the bias target levels as well as the red box targets which were shared with the wider community.
Pre-FOMC we suggested traders pause and wait for the reversal which we managed to get based on the indicator and the FOMC report enabling us to capture the move upside into the close of the week, giving us a phenomenal pip capture on Gold. Add to that the other pairs we’ve traded and analysed through the week, and it was a nice end to week giving us an opportunity to now take it lightly for the remainder of the year.
So, what can we expect in the week ahead?
For this week we will be expecting thin volume so potential for ranging and slow movement with sudden burst of unexpected volume. We again have the key level of 2630-35 above which is a reasonable target region for the start of the week as long as the support level just below here holds us up 2610. If we can start the week with a move into that region we feel an opportunity to long is there with the first region being 2630 and above that 2635. 2635 is the level we’re anticipating a break of into the higher levels of 2650-55 and above that 2660-6, which is where we ideally want to be waiting for the short opportunity to take this back down into the lower levels with potential to then break below the 2600 level.
We say it a lot but this week and most probably for the remainder of the year we will be taking this level to level, hence the report is showing you’re the 4H red boxes which together with our 15min and 1H indicators work well to capture the moves for intra-day trading across all pairs.
KOG’s bias for the week:
Bearish below 2660 with targets below 2610, 2596, 2580 and 2578
Bullish on break of 2660 with targets above 2667 and above that 2670
RED BOXES:
Break of 2625 for 2630, 2635, 2645 and 2660 in extension of the move
Break of 2610 for 2606, 2590, and 2680 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
The last bullish chance of XRP in Mid term!The price has formed a bullish flag on the 4-H time frame, and if it breaks out, it can drive the price up to around $2.9 . This is expected to happen in the new year. I don't know why this coin reminds me of BNB!!!
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!!
EURUSD: A big move in making, make sure you are in right trackDear Traders,
Hope you are doing great, we have an excellent selling opportunities from two zones, the first entry has potential of swing sell but we are doubtful and that is why we have a second entry area zone where if the price is liquidated then we can target the second entry.
good luck.
GOLD → Short to medium term perspectiveFX:XAUUSD after breaking through the support and updating the local minimum is returning to the area of 2620-2625, fueling the hopes of the bulls for possible growth. But, the medium-term picture for gold is not stable. Let's understand
The strong dollar, which soared to local highs is a threat to gold going forward, as the Fed's hints of halting the rate cut course and adopting a hawkish stance on monetary policy has affected the market quite aggressively. There are 2 rate cuts pledged for 2025. Not to forget Trump's policies in general - the impact on rising inflation....
There are two interesting charts online that should not be overlooked:
Statistics play an important role in shaping prices, but it is worthwhile to base this on actual fundamental and technical data. You should not use these statistical charts as primary data, but you can take them into account. We will analyze the dollar in terms of cycles and possible reversal in the second half of January and further as Trump acts....
As for gold, technically, in the short and medium term, I expect the decline to continue for the following reasons:
- the bearish structure is confirmed
- a localized retest of the zone of interest and imbalance is forming before a further fall.
- The bearish trend has not broken within the framework of the December 10-13 movement.
- price updates local lows
We continue to follow the zones: 2631-2636 and 2650
Regards R. Linda!
The Relative Strength Index (RSI): A Beginner’s GuideThe Relative Strength Index (RSI) is one of the most widely used technical indicators in trading. Developed by J. Welles Wilder in 1978, it helps traders evaluate the momentum of a market and identify overbought or oversold conditions.
What is RSI?
RSI is an oscillator that measures the speed and magnitude of price changes over a specific period, typically 14 periods. It provides a value between 0 and 100, which helps traders gauge whether an asset is overbought or oversold.
Overbought: RSI above 70 suggests the asset might be overbought and due for a correction.
Oversold: RSI below 30 indicates the asset might be oversold and due for a rebound.
The RSI Formula
The RSI is calculated as:
Where:
RS= Average Gain of Up Periods (over the lookback period) / Average Loss of Down Periods (over the lookback period)
How to Interpret RSI
1. Overbought and Oversold Levels:
- When RSI crosses above 70, it may signal that the asset is overbought and could experience a price decline.
- When RSI drops below 30, it may indicate that the asset is oversold and could see a price increase.
2. Divergence:
- Bullish Divergence: When the price makes lower lows, but RSI makes higher lows, it suggests a potential upward reversal.
- Bearish Divergence: When the price makes higher highs, but RSI makes lower highs, it indicates a potential downward reversal.
3. Centerline Crossover:
- RSI crossing above 50 is often viewed as a bullish signal, indicating upward momentum.
- RSI crossing below 50 suggests bearish momentum.
Strengths of RSI
- Versatility: Works well in a variety of markets (stocks, forex, crypto, etc.) and timeframes.
- Simplicity: Easy to interpret for beginners.
- Divergences: Offers insight into potential trend reversals.
Limitations of RSI
- False Signals**: RSI can provide false overbought/oversold signals in strong trending markets.
- Lagging Indicator: Like most indicators, RSI relies on historical data, which may delay signals.
Best Practices for Using RSI
1. Combine with Other Indicators:
- Use RSI with trend-following indicators like Moving Averages or MACD to filter out false signals.
- Pair it with support and resistance levels to validate potential reversals.
2. Adjust the Period:
- Shorten the period (e.g., 7 or 9) for more sensitive signals.
- Lengthen the period (e.g., 20 or 30) for smoother, less frequent signals.
3. Context Matters:
- In a trending market, RSI may remain overbought or oversold for extended periods. Use it cautiously in such conditions.
Example of RSI in Action
Imagine a cryptocurrency like Bitcoin has been rallying for several days, and the RSI rises above 70. This suggests that Bitcoin might be overbought, and a pullback could occur soon. However, if the market trend is strong, Bitcoin’s RSI could stay above 70 for an extended period. Combining RSI with trend analysis or support/resistance levels can provide better insights.
Conclusion
The RSI is a powerful tool for traders seeking to understand market momentum and potential reversal points. While it’s simple to use, its effectiveness increases when combined with other indicators and market context. As always, practice using RSI on historical data before applying it to live trades, and remember that no single indicator guarantees success
The last bullish chance of SOLANA !!The price has broken the cup and handle pattern and has also completed its pullback. Now is the time for the price to rise.
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!!
Lingrid | GOLD Weekly Market OUTLOOKOANDA:XAUUSD made a sharp drop mid-week to the support level of 2585 before recovering on Friday. This rebound was largely influenced by Jerome Powell's press conference, which sparked concerns about potential Federal Reserve monetary tightening, while a strengthening TVC:DXY further pressured gold prices.
The market appears to be entering a consolidation phase ahead of upcoming holidays, likely maintaining stability as it seeks direction through the New Year. Trading may remain range-bound between 2600-2650.
On the weekly timeframe, the market closed with a bearish candle following a pin bar formation. The daily timeframe shows an emerging triangle pattern with lower highs and higher lows, indicating decreasing volatility. Given these conditions, I expect sideways movement rather than a trending market next week.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
"The Liquidity Heist"Alright, let’s break this down because what we’re seeing here is no ordinary chart—this is the battleground where smart money and retail traders collide, and the story it’s telling is absolutely fascinating.
First, look at the Pi Cycle Moving Average. This isn’t just any moving average—it’s a dynamic gauge of momentum, and right now, it’s sloping downward. Bears might think they’re in control, but here’s the catch: this MA has been tested repeatedly, and when it flips, it has the potential to spark a significant trend reversal. So, it’s not just a line—it’s the pulse of the market.
Now, the Smart Money True Value Line. This green line isn’t some random support. This is where the big players, the whales, the institutions—whatever you want to call them—step in. It’s their hunting ground. When price hovers near this zone, it’s not just a coincidence. It’s where the market pauses, recalibrates, and potentially rebounds. Smart money doesn’t play the same game as retail—they’re the architects of these moves.
And what about the VWAP? The 1-Day VWAP is sitting above the current price. What does that mean? It means the market is undervalued compared to where volume-weighted price action expects it to be. It’s like gravity pulling the price upward, creating the perfect setup for a mean reversion.
Now, here’s where it gets interesting—the squeeze. See those yellow "+" symbols at the bottom? That’s a volatility squeeze, my friend. The market’s tightening, pressure’s building, and this is where breakouts are born. It’s like a coiled spring just waiting to release its energy. And considering all the factors on this chart, that energy seems primed for an upward explosion.
But let’s talk about the manipulation, shall we? Look at that $95,631 level—the stop-loss zone for short positions. This is where retail traders were baited into a trap. Whales engineered this move to trigger stop losses, creating a cascade of selling below that level. And what did they do? They quietly scooped up liquidity, leaving retail traders scrambling while they prepared for the next big move. This isn’t speculation—it’s how the game is played.
And those ATR Shark Fins? These are the finishing touch. Every time you see these fins at the bottom of the trend, they’re screaming, ‘Pullback incoming!’ It’s like the market’s way of saying it’s overextended, exhausted, and ready for a reversal. And here they are again, flashing at us like a signal in the dark.
So, what’s the verdict? While the bullish arrow is gone, the pieces are still in place. The Smart Money True Value Line, the squeeze, and the manipulation beneath $95,631 all point to one thing: an upward move is brewing. But—and here’s the kicker—we need confirmation. The market loves to keep us guessing, so until we see price action reclaim critical levels, we stay sharp, we stay ready, and we don’t jump the gun.
This chart isn’t just data; it’s a story of psychology, manipulation, and opportunity. The question is—are you paying attention?
When going long, it's crucial to recognize that upward price movements are likely to face a reversal. This is due to USDT.D manipulation, as seen on the weekly timeframe. I've detailed this setup in my idea titled 'The Institutional Ambush,' which highlights how these patterns are orchestrated by institutional forces. Always trade with caution and awareness of the bigger picture.
TradeCityPro | LPTUSDT Weekly Watchlist Coin👋 Welcome to TradeCityPro Channel!
Let’s analyze our triggers before global markets open. It is expected that we might enter a range-bound market phase, experiencing both time and price corrections.
🌐 Overview Bitcoin
Before our short analysis, let’s review Bitcoin: Unfortunately, Bitcoin did not break above 99079, which means the bullish momentum did not start. In my opinion, this will lead to an extended range-bound market, possibly lasting through the Christmas holidays.
Bitcoin dominance is also trying to create a lower high compared to 61.1%, and it is currently without much movement. This indicates that the range is likely to continue.
For now, I suggest avoiding new positions to protect your stop-losses for more critical levels. Instead, focus on learning, finding suitable coins, or engaging in DeFi activities because when the market moves, you won’t have time for these things.
📊 Weekly Timeframe
In the weekly time frame, LPT is one of the coins that has created a higher low compared to the previous year. Its upward movement started in 2023, and currently, it is oscillating within its large weekly box, ranging from 9.14 to 22.189.
Usually, cryptocurrencies show sharp movements after breaking out of their weekly accumulation or re-accumulation zones, making them worth the risk.
Why Not Buy Within the Box? Personally, I do not buy within the box as part of my strategy because I don’t like to keep my funds idle for too long.
I want to use my capital actively to generate profits, rather than having it tied up for a year in a coin that may not perform. Instead, I wait for buying momentum with a defined stop-loss.
For your purchase, make sure not to miss the 22.189 breakout. After breaking this level, you can enter with a stop-loss at the bottom of the box and hold for the mid-term.
If you already hold this coin, I recommend exiting if the weekly candle closes below 9.143. You can re-enter the box later, even though fewer coins may be acquired. This strategy helps you avoid long-term downtrends.
Using Fibonacci based on the 2023 low, the coin’s correction reached 50% Fibonacci and Dow Theory. This demonstrates the critical nature of the 9.143 level as support, which will not be easily lost, Price targets based on Fibonacci levels - 37.632 - 55.317 - 90.262 - 168.239 (if 22.189 resistance is broken).
💡 BTC Pair Insight
The BTC pair of LPT is within its weekly box and has fake-broken its support, returning to the range. The current weekly candle is closing green, indicating the possibility of moving toward the upper boundary. Confirmation comes with a break of 0.0002088 and RSI above 61.23.
Due to the coin's low trading volume, we cannot analyze the lower time frames for this pair. Before buying, ensure a trigger exists in the BTC pair; otherwise, there are likely better coins available for investment.
📝 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! ❤️
Toncoin Outlook after the Dip. What to expect NOW?The price has formed a bullish flag on the weekly time frame, and if it breaks out, it can drive the price up to around $9. This is expected to happen in the new year. I don't know why this coin reminds me of BNB!!!
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!!
Bitcoin: Time To Remove The Party Hats?Bitcoin may be on the verge of compromising the 90K support which I will interpret as a sign that the next broader corrective cycle MAY be beginning (Wave (IV)). IF this is the case, you can remove your Bitcoin 200K party hats for at least a YEAR or two. Gold had a similar outcome a few years back and persisted in a consolidation for two years before it broke out. A corrective cycle does NOT mean Bitcoin is going back to 50K (anything is possible though). It just means a prolonged consolidation may be on the horizon which will provide swing trade and investment opportunities for those who know what to WAIT for.
The arrow on the chart points to the 92K support that is in play at the moment. At as long as 90K is not broken, I anticipate at least one more attempt to test the high. This short term up leg is likely to test the 100K area. IF the higher high (break of 108) does not culminate from the next price advance, then it would be wise to reduce risk, lock in profits and LOWER expectations until bullish short term price structure can rebuild itself.
IF 90K is broken, the next inflection point on this time frame is the 86K area. Great profit objective for those bold enough to short this thing. If 86K is cleared, then its the low 80K area. Again this is one scenario of countless, the key is confirming the price action that supports this possibility, NOT to expect it. This is NOT a forecasting game, it is a interpreting and adjusting game.
With the major holiday week on the horizon, it would be best NOT to expect a LOT of action. Volume typically declines, and movements become very muted or you can get slow grinds that just stubbornly persist to some key level. Either way, it is usually best to avoid such markets, ESPECIALLY if you look at smaller time frames.
As far the the highs at 108K, anyone that bought anywhere above 100K is NOW at the mercy of the market. This is why I always warn my followers about buying into highs. Chances are you won't take your profits when the peak unfolds because you won't know its the peak until WAY after the fact. When I hear about people who have NO idea what Bitcoin is, now interested in "investing" in it, that screams THE PARTY IS OVER, for now. The best times to get in are usually when no one is paying attention, and for Bitcoin and the alt coins, that seems to take about a year or two from the peak. If you can't take the heat, don't play with fire (or Bitcoin).
Thank for you considering y analysis and perspective.
HBAR In Coming Days!The price is currently in a bullish flag or possibly an ascending wedge, which could cause the price to increase and rise up to the 0.618=$0.31 line.
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!!
Bitcoin can little correct and then continue to grow in rangeHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price declined to the resistance line and rebounded at once and made impulse up. BTC rose to a support level, which coincided with the buyer zone, but firstly it made a small correction and some time traded below the 92500 level. Soon, the price broke this level, after which it started to trades inside the range, where it at once made a retest and tried to grow, but later corrected the support level. Next, the price continued to move up and reached the resistance level, which coincided with the seller zone, after which corrected the resistance line. After this movement, BTC at once rebounded and rose to the seller zone and even higher, breaking the 103500 level. But soon, the price turned around and dropped to the support level, breaking the resistance level with the resistance line. Then the price turned around and a not long time ago started to grow. For this reason, I think that Bitcoin make a small movement down to almost the support level and then continue to grow to the 103500 resistance level inside the range. That's why I set my TP at this level. Please share this idea with your friends and click Boost 🚀