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All Eyes On The Binance Coin, Join At Your Own Expense.BINANCE:BNBUSD Looking at the 1Week timeframe, a more responsible timeframe to start a top down analysis on a cryptocurrency pair, the last long green candle evolves from the last created support leaving a fair value gap behind, thereby making that very support zone a valid one. Filling the gap to the demand zone is just the work of the sellers and can be seen as the pullback. In other words, a lower timeframe is required to see clearly the structures produced by the buyers, ofwhich placing your entry on the last created structure and your stop loss slightly below the higher low minimizes your risk and maximizes the return. An instance on the 4Hr timeframe of BNBUSD, same timeframe where the liquidity is clearly visible as well, when the pullback breaks through the trend line(liquidity) into the demand zone, the uptrend just irresistibly continues until it makes a new higher high.
BINANCE:BNBUSDLong
by Samchi01
SHIBA - Bearish Signal | Weekly TimeframeShiba Inu has formed a bearish double top candle stick pattern in the weekly timeframe. This will likely lead to a drop, especially considering that a key diagonal support has been lost - marking the first invalidation of higher highs, in other words short term BEARISH: We've seen something similar previously, leading to a near -60%drop. Although I really doubt we'll see that kind of pullback (considering it was in the heart of the bearish cycle) I do think a -10% to -15% is possible: _______________________ BINANCE:SHIBUSDT
Short
by CryptoCheck-
1
NVDA: Time to correct after renewing the ATH?Daily Chart (Left): Resistance at $140.76: The price is currently around a significant resistance level at $140.76, which is near the recent highs. This level is important as it aligns with the previous all-time high. Support at $130: Immediate support lies at $130, a previous resistance level, which has acted as a strong zone where buyers stepped in this month. A break below this level could lead to further downside pressure. 21-Day EMA: The price remains above the 21-day EMA, indicating that the overall trend is still bullish. The EMA has consistently acted as dynamic support during pullbacks in the current uptrend. Weekly Chart (Right): Ascending Channel: The price action is confined within an ascending channel, with the current price near the upper boundary of this channel. This indicates that the stock has maintained a steady uptrend over the longer term. Previous All-Time High (ATH): The stock has approached its previous ATH around $140.76, a critical resistance level. This level needs to be decisively broken for a continued bullish rally. However, after a quick breakout of this resistance this week, we see increased selling pressure. Conclusion: NVDA has made a new record high this week, briefly breaking the resistance at $140.76, which coincides with its previous all-time high. A true breakout above this level could lead to further bullish momentum, potentially targeting the upper boundary of the ascending channel. However, failure to break above could result in a pullback towards the $130 support level, with the 21-day EMA providing dynamic support. Traders should watch for a decisive move above the $140.76 level for a continuation of the uptrend. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.
NASDAQ:NVDA
by Nathan_The_Finance_Hydra
BEAMXUSDT on the Verge of a Breakout: Is It Now or Never?Yello, Paradisers! Could #BEAMXUSDT be setting up for a major breakout? The formation of an inverse head and shoulders pattern suggests we might be at a critical turning point. 💎#BEAMXUSDT has been making the inverse head and shoulder pattern. The right shoulder of this bullish pattern has successfully formed, and the pair is now flirting with the neckline resistance at 0.1918. 💎BEAMXUSDT has flipped a previous resistance level and is now showing strong potential to retest this area while holding the ascending support trendline, signaling a probable upward momentum. 💎If the neckline resistance at 0.1918 is broken, we could see a confirmation after a retest, paving the way for higher moves. 💎Expect some resistance between 0.2064 and 0.2127. Should market conditions and volume support the move, BEAMXUSDT could target a stronger resistance zone at 0.259-0.272. 💎Keep an eye on 0.1474. If the price closes below this trendline and key level, the bullish pattern could be invalidated. The setup is clear, but will BEAMXUSDT deliver the breakout? All eyes are on the next move—are you ready? Stay patient and disciplined, Paradisers! Keep these levels on your radar, Paradisers, and trade cautiously! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
BTC - Next Support...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉As per my last BTC analysis (attached on the chart), we know that BTC is currently in a short-term correction phase. The question is: till when/where? 📈From a medium-term perspective, BTC has been bullish trading within the rising channel in blue. Moreover, the orange zone is a strong demand. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the orange demand and lower blue trendline. 📚 As per my trading style: As #BTC approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
4
Selling gold price is the best timeOvernight, gold prices reached a new high, resulting in substantial profits for long-position traders. Market participants who responded to the news and utilized effective strategies achieved significant gains. Market Trend Analysis: Currently, gold prices have entered an overbought zone, facing considerable short-term pullback pressure. Additionally, geopolitical tensions have eased, providing more volatility opportunities for the market. In this environment, short-selling is undoubtedly the more prudent choice. Over the past month, we have consistently delivered precise rapid trading strategies, with participants achieving at least four notable profit opportunities each day. Current Market Conditions: The spot price of gold is $2757. The strategies are as follows: Short-sell when the market reaches $2765-$2770; Go long when the market falls to $2749-$2744. Trading strategies and signals are time-sensitive, so please stay tuned for the latest updates to capitalize on optimal trading opportunities. OANDA:XAUUSD OANDA:XAUUSD BITSTAMP:BTCUSD CAPITALCOM:GOLD
OANDA:XAUUSDShort
by George_parse
1
Will GM be electrified, or will combustion pull it down?CAPITALCOM:GM was in a nice uptrend on the daily all the time since November last year, and then it broke down, leaving the path big time. Made its way back up, only to be pushed back out. Now, it is once again knocking on the door from below. Should it be able to cross into the channel, I believe it could potentially move up towards the recent high of around $50, where it would run into resistance. I would look for a break into the channel, keep an eye of the $50 mark, and then decide forward. Breaking down, there is support just above. $42. Breach of this would open for a short.
CAPITALCOM:GM
by WeRideAtDawn
Is BIGTIMEUSDT About to Breakout or Collapse? Yello, Paradisers! Are you ready to ride this wave, or is the storm brewing for #BIGTIMEUSDT? 💎#BIGTIMEUSDT has seen some solid momentum, breaking through market structure with a series of higher highs and higher lows. After forming a new higher high, the price retraced to the Fibonacci retracement zone between 0.61 and 0.68, which is now acting as a critical support area. Right now, BIGTIMEUSDT is hovering just above that level. 💎The Fibonacci zone (0.61-0.68) is holding steady for now and has probability to move upside from here. However, if price dips below the ascending support trendline, it could trigger a move towards the strong support zone between 0.1213 and 0.1187. Keep a close eye on this level. 💎On the upside, the pair will likely face resistance at several levels. The first minor resistance comes around 0.16665, while a more significant hurdle sits between 0.19 and 0.195. A breakout above these could signal a strong continuation of the current uptrend. 💎If we get a candle closing below the critical support at 0.1182, and the price forms a new lower low, this could signal a deeper pullback, flipping the structure to bearish. For now, we are cautiously optimistic, as long as these key levels hold. Trade smart, keep your stops tight, and watch those support zones carefully! Stay disciplined, Paradisers, because this market can turn on a dime. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
EURUSD → Is a 300 pips drop not the limit? What's next?FX:EURUSD reaches an important target. As part of the realization, the price passes 300 pips. The fundamental background for further rate cuts is generally favorable The strengthening economy in the U.S. combined with a growing dollar (extreme rally of the index), the rate of interest rate cuts in Europe are doing their job. The fundamental background for the currency pair is weak, accordingly, in relation to this situation, in the medium term it is worth considering the continuation of the decline. The price reaches 1.078 - the liquidity zone. The pool of liquidity below this zone can push the price away, forming a correction to the imbalance zone, or to the local maximum, from which we can further consider the continuation of the fall. Resistance levels: 1.085, 1.087 Support levels: 1.078, 1.067 The last time the level was tested in early August. This fact in tandem with an aggressive fall of 3% may form a rebound due to the lack of technical potential to break the support level. Consolidation or correction may allow the market to accumulate strength... Rate, share your opinion and questions, let's discuss what's going on with ★ FX:EURUSD ;) Regards R. Linda!
Short
by RLinda
9
USDJPY → Attempting a trend change. Retest 149.0FX:USDJPY is testing range resistance in the rally phase caused by Friday's news - strong NFP report. The fundamental backdrop within the short-to-medium term is set... From the opening of the session a small correction is forming, the aim of which may be a retest of the support or imbalance zone and consolidation of energy before a further breakout. The market structure is locally bullish on the background of the dollar growth. The Japanese authorities are still silent about their actions to strengthen the national currency (either they think about it or don't think about it :) ), so traders are increasing JPY sales in order to buy USD. The first retest of the resistance at 149.4 failed (bounce). Emphasis on 0.5 fibo or 147.2 support from which the growth may resume... Resistance levels: 147.38 Support levels: 147.5, 147.2, 146.15 On the chart there are preconditions for the change of the local trend to a bullish one, the fundamental background is favorable for this. If the bulls will keep the defense above the support and continue to test the resistance with a breakdown target, then in the short-term-senior perspective we can catch the forging of the impulse to 152.0. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:USDJPY ;) Regards R. Linda!
Long
by RLinda
8
STETHUSDT on the Brink of a Breakout or Breakdown?Yello, Paradisers! Are we about to witness a massive breakout on STETHUSDT, or is a retracement in the cards? Let’s dive into the key levels and patterns to watch closely 👇 💎STETHUSDT has recently flashed a bullish Change of Character (CHoCH), along with forming a Cup & Handle pattern, and is now approaching the crucial resistance trendline. This setup hints at a potential bullish move, but the critical question is: Will it break through, or reverse? 💎If STETHUSDT breaks the resistance trendline and resistance zone, it would significantly increase the probability of a strong bullish move. 💎On the flip side, if we see a retracement, we can expect a bounce from the support zone. However, we will need confirmation through a bullish Internal CHoCH (I-CHoCH) to stack the odds in our favor before considering a long position. 💎If there's a breakdown and a candle closes below the support zone, it will invalidate our bullish outlook. In that case, it’s better to sit tight and wait for clearer price action before making any moves. 🎖Trade smart, Paradisers. Discipline and patience are key here. Wait for confirmation before diving in, and always play it safe when the market shows uncertainty. Stay focused and let the setup come to you. This is how pros make it in the long run! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
Gold Short-term Buy To The Rescue TVC:GOLD Well, it is no holy grail, you can look out the previous idea and see for yourself. It is just a combination of few confluences that works every single time on the trending market. Emphasis on the trend, cause it's crazy how people are calling out a sell signal on Gold, not minding the strong bullish trend. Do you think we might start to see a reversal on the current market price? Let me know more about it on the comment section. 🙏 Let's make this shit work 😎💹
TVC:GOLD
by Samchi01
1
AUDUSD InsightHello, dear subscribers! Please feel free to share your personal opinions in the comments. Don't forget to like and subscribe! Key Points - The People's Bank of China lowered both the 1-year and 5-year loan prime rates by 25 basis points each, interpreted as a move toward an accommodative monetary policy to stimulate the economy. - ECB policymaker and Portuguese Governor Mario Centeno stated, "The risk of inflation falling below target is greater than the opposite, and we could consider a 50 basis point cut depending on the data." - The IMF mentioned that while the U.S. economy has shown a steady recovery since the pandemic, the eurozone continues to struggle due to a downturn in manufacturing, particularly in Germany. - With Trump’s projected victory, the market expects that non-U.S. stocks will underperform in the future. Key Economic Indicator Schedule - October 24: U.S. Initial Jobless Claims, Manufacturing PMI, Services PMI. AUD/USD Trend Analysis It appears that the pair is facing resistance at the top and is in a downward trend, with further declines still possible. Support is expected around the 0.66000 level, and a rebound here could see the pair rise back to the 0.69000 level. However, if the 0.66000 support is broken, further declines toward the 0.64500 level are anticipated. If the market moves in an unexpected direction, I will quickly adjust the strategy.
Short
by shawntime_academy
1
Is GJ Setting up for the long?Hi All! GJ has definitely created some patience over these past few weeks! Trading in a slow upward movement, and staying below 195.500. Finally, GJ broke through, and is now trying to stay bullish. If it can hold momentum, I believe it can make it to the next Sell Stop area around 198.000-199.000. I'd like to see it close above 196.500, Bullish candles, and a retest for confirmation. Potential Entry: 196.500 SL: Below 196.000 (Give room) About 1:3RR Depending on SL *DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
Long
by thattradergirl
2
Alikze »» GRT | Ascending channel - 8H🔍 Technical analysis: Ascending channel - 8H - In the analysis presented in the weekly time frame , it was mentioned that an AB=CD pattern has been formed. - It is moving in an ascending channel in the 8-hour time frame. 💎 In the OB area, it can face the demand again by creating demand and liquidity hunt at the bottom of the channel and continue its growth up to the top of the channel. - Then I expect it to continue its growth to the supply area to form the third wave or wave C. ⚠️In addition, if the correction extends to the Invalidation LVL range, the bullish scenario in the 8-hour time frame is invalidated and must be reviewed and updated again.⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:GRTUSDT
Long
by alikze
4