Trend Lines
BNB/USDT: Potential Reversal and Breakout OpportunitiesCRYPTOCAP:BNB BNB/USDT: Potential Reversal and Breakout Opportunities
Analysis:
The chart provided is a 4-hour timeframe of Binance Coin (BNB) against Tether (USDT) on Binance. The chart employs various technical indicators and concepts, including Smart Money Concepts (SMC), price action, and ICT Elliott Wave strategies.
Price Action and SMC Analysis:
Break of Structure (BOS): Multiple BOS points are marked, indicating significant shifts in market structure. These are crucial for identifying potential trend reversals.
Change of Character (CHoCH): Several CHoCH points are noted, suggesting shifts in market sentiment and potential entry points for trades.
Support and Resistance Levels: Key levels are marked at 731.24, 710.73, 622.92, 618.69, and 543.60, providing potential areas for price reaction.
Volume Profile:
The volume profile on the right side of the chart shows high trading activity around the 710.73 level, indicating a significant area of interest for traders.
Indicators:
RSI (Relative Strength Index): The RSI is hovering around the 53.55 level, suggesting a neutral market condition but with potential for upward momentum.
MACD (Moving Average Convergence Divergence): The histogram shows green bars, indicating bullish momentum, but the recent red bars suggest caution.
Elliott Wave Analysis:
The chart shows potential Elliott Wave patterns, with corrective and impulsive waves marked. The current structure suggests a possible completion of a corrective wave, indicating a potential new impulsive wave.
Buy Strategy:
Entry: 710.73 (current price level)
Take Profit 1 (TP1): 731.24 (next resistance level)
Take Profit 2 (TP2): 751.19 (further resistance level)
Stop Loss (SL): 693.00 (below recent support level)
Sell Strategy:
Entry: 731.24 (if price fails to break above)
Take Profit 1 (TP1): 710.73 (current support level)
Take Profit 2 (TP2): 693.00 (further support level)
Stop Loss (SL): 745.00 (above recent high)
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This detailed analysis incorporates various trading strategies, including Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies to provide comprehensive buy and sell strategies. The indicators displayed on the chart, such as Fibonacci retracement levels, volume profile, and RSI, support the analysis and identify key levels for entry, take profit, and stop loss.
Silver Price Action Analysis: Potential Reversal and Key LevelsTVC:SILVER Silver Price Action Analysis: Potential Reversal and Key Levels
Chart Analysis
Description
The chart displays the price action of Silver (CFDs on Silver / OZ) on a 4-hour timeframe. The chart includes several technical indicators and levels:
Price Levels:
Resistance Levels: 32.9560, 32.3239, 32.3239
Support Levels: 30.8758, 29.6600, 29.6210, 29.5970, 29.1886, 28.7300
Volume Profile:
The volume profile on the right side shows high trading activity around the 29.5970 level, indicating a significant area of interest.
Indicators:
Relative Strength Index (RSI): The RSI is currently at 59.10, indicating potential bullish momentum.
MACD: The MACD histogram shows a mix of green and red bars, suggesting a period of consolidation with potential bullish divergence.
Smart Money Concepts (SMC):
Change of Character (ChoCH) and Break of Structure (BOS) are marked, indicating potential reversal points.
Elliott Wave Analysis:
The chart shows potential wave patterns, suggesting a corrective phase might be ending, and a new impulsive wave could start.
Buy and Sell Strategies
Buy Strategy
Entry: 29.5970 (current price level with high volume)
Take Profit 1 (TP1): 30.8758 (next resistance level)
Take Profit 2 (TP2): 32.3239 (higher resistance level)
Stop Loss (SL): 28.7300 (below the recent support level)
Sell Strategy
Entry: 29.1886 (if price breaks below this support level)
Take Profit 1 (TP1): 28.7300 (next support level)
Take Profit 2 (TP2): 27.0000 (lower support level)
Stop Loss (SL): 29.6600 (above the recent resistance level)
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BTC ANALYSIS BTC/USD Technical Outlook
Bitcoin (BTC) is approaching a significant resistance zone near $100,000, with bearish signals indicating a potential retracement.
Key Observations:
1. Resistance Zone: BTC faces strong resistance around the $100,000 level, making it a critical area for potential reversals.
2. Short-Term Bearish Bias: Price action shows signs of consolidation below the resistance zone, suggesting a potential move downward.
3. Target Levels:
Take Profit 1: $96,000
Take Profit 2: $94,000
Support Zone:
The broader support zone lies near $92,000, where buyers may step in to defend.
Note: This analysis is based on technical indicators and historical price patterns. Markets are subject to volatility, and this is not financial advice. Always practice proper risk management when trading.
EURUSD: Diverging Monetary Policies and Continued Euro Weaknes
In the previous analysis, we discussed the continued decline of the EURUSD pair. On the weekly time frame, the 1.03 support level is crucial, and breaking it could pave the way toward parity.
On the daily time frame, as long as the descending trendline remains intact, the outlook favors further declines. The identified supply zone offers a potential opportunity for renewed selling. Breaking the 1.03 support won't be easy, and a retest of this level is likely before the bearish trend continues, presenting a second opportunity for a short position.
GBPJPY - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: (Daily Time-frame)
While the price is below the resistance 199.79, resumption of downtrend is expected.
Technical analysis:
The descending flag taking shape suggests we will soon see another leg lower.
Trading suggestion:
Price rejected from Trend Hunter Sell Zone (198.42 to 199.79). We are going to open 8 sell trade based on these Take Profits:
Take Profits:
196.00
193.51
191.88
189.47
186.23
182.78
178.41
Short Term forecast: (H4 Time-frame)
The Uptrend is broken, and the price is in an impulse wave.
Correction wave toward the Sell Zone.
Another Downward Impulse wave toward Lower TPs.
SL: Above 199.79
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AI16Z/USDT - Falling Wedge Breakout Setup |
TECHNICAL ANALYSIS: 🎯
Price Structure:
- Current Price: $2.01 (-0.25%)
- Timeframe: 15M/1H
- Key breakout setup forming
- Multiple targets identified
Trade Setup Targets:
- TP1: $1.95 (Short-term target)
- TP2: $2.45 (Major target) (24.96% Extended target)
Technical Insights:
- Falling wedge pattern completed (yellow line)
- Clear stop loss zone marked
- Bullish divergence forming at support
- Volume showing potential accumulation
Key Levels:
▪️ Entry Zone: $1.9 - 2.01
▪️ Stop Loss: Below $1.80 (marked in red)
▪️ Initial Resistance: $2.03
▪️ Major Resistance: $2.46
Risk Management:
- Clear invalidation below marked stop loss
- Risk:Reward Ratios:
• To TP1: 1:3
• To TP2: 1:5
Timeframe: 15M/1H
Bias: Bullish on Break
Pattern: Falling Wedge Breakout
Note: Always use proper position sizing. This is technical analysis only. DYOR.
#INJ #Crypto #TechnicalAnalysis #Binance
Key Observation: Watch for volume confirmation at breakout level for entry validation.
ZEEL Reversal from strong supportWhenever a stock is trading at strong support, there are high chances of a reversal, which gives us a great risk-reward (RR) opportunity.
In this case, the RR is 1:5 and can be trailed if the idea works out further.
For a successful breakdown(SL), we should ideally see a strong 1Month candle on our chart—it’s crucial to use that timeframe.
Following the breakdown, the ideal exit point would be after a consecutive candle that breaks below the breakdown candle
As always, remember to do your own research before making any investment decisions!
VEDL long consolidation BOStock will start booming after a consolidation at a resistance before BO; otherwise, a reversal is likely from resistance if the supply is huge.
For a successful breakout, we should ideally see a strong 1week candle on our chart—it’s crucial to use that timeframe.
Following the breakout, the ideal entry point would be after a consecutive candle that breaks above the breakout candle
As always, remember to do your own research before making any investment decisions!
Bearish Divergence on Indonesia Population Data: A Brief OpinionA bearish divergence was detected on Indonesia's population chart using MACD and RSI indicators. Typically used in financial markets to predict trend reversals, applying these tools to population data may not be relevant.
Bearish divergence happens when data shows higher highs, but indicators show lower highs, hinting at weakening momentum. While this could suggest slowing population growth, such interpretation needs caution.
This observation is purely experimental and not a reliable demographic insight. Proper demographic studies using statistical models are essential to derive accurate conclusions. This article reflects an opinion and highlights the need for further research.
TradingView offers a wide variety of data and charting tools. This analysis is just an entry point to explore other insights on the platform. However, a deeper understanding and thorough research are necessary to draw meaningful conclusions.
Please note that this analysis is not meant to be taken seriously as a demographic forecast. It is simply an unusual observation using technical indicators in a non-financial context. Apologies if this perspective seems unconventional or causes any misunderstanding. No offense is intended, and it is shared purely for educational and exploratory purposes.
ROSEUSDT on the Verge of a Breakout or Breakdown?Yello, Paradisers! Are you watching ROSEUSDT closely? If not, you might want to pay attention because this setup is reaching a critical point that could make or break its next move. Let's dive into the key levels and scenarios we're monitoring to stay one step ahead of the crowd.
💎ROSEUSDT is attempting to form a W pattern from a key support zone. If this pattern fully materializes and we see a breakout with a confirmed candle close above the resistance, the probability of a bullish continuation will increase significantly. This move could open the door to higher price levels.
💎However, it’s essential to wait for confirmation—the breakout must be backed by a solid close above the resistance level to validate the W pattern. No premature entries, Paradisers! Discipline is key.
💎If the price pulls back before breaking out, there’s a high chance of a bounce from the strong support zone. But to increase the odds in our favor, we need to see signs of bullish intent, such as a bullish I-ChoCH (Internal Change of Character) or familiar bullish reversal patterns like the W pattern or inverse head and shoulders on lower timeframes.
💎Keep in mind—it's not just about the support holding, but also about how the price reacts at these levels. Strong bullish reactions give us more confidence to enter trades.
💎On the flip side, if ROSEUSDT breaks down and closes a candle below the key support zone, it will invalidate our bullish idea entirely. In that case, it’s better to remain patient and wait for new, more favorable price action to form before taking any positions.
💎Patience and discipline are what separate successful traders from the rest. We wait for high-probability setups with clear confirmations. No rushing into trades without a validated breakout!
Trade smart, Paradisers. Stick to your strategy, and remember—the market rewards the most disciplined players.
MyCryptoParadise
iFeel the success🌴
Will Gold Slide to $2,578 Amid Bearish Pressure?Gold (XAU/USD) shows strong bearish momentum across multiple timeframes, with the price consistently trading below key SMAs, reinforcing downward pressure. The rejection from the $2,640 resistance zone and the descending trendline aligns with the bearish continuation pattern within the ascending channel. A confirmed breakout below the channel’s lower boundary could drive the price to the $2,578 target, a critical support level.
Key Levels to Watch:
• Resistance: $2,640
• Support: $2,578
NIFTY50.....Are you ready to rumble?Hello Traders,
the NIFTY50 plunged to 23460 on December 31th! The recovery than has brought the N50 back to 24226 on January 2nd. This could be a wave 2 of c!
From this perspective, the forecast is inline with my expectation.
So, the next move could be a wave 3 of c down to fresh new lows in the days ahead.
Keep in mind! C-waves are almost the strongest waves within an impulse. So one target range should be around 22077! More bearish potential is at hand.
On the other hand!
It needs a break off the 24857 area to establish a new buy-signal. For now, there is no evidence for this scenario!
Anyway! Be prepared for the unexpected!
Have a great time.....
Ruebennase
Please ask or comment as appropriate.
Trade on this analysis at your own risk.
Vallourec Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Vallourec Stock Quote
- Double Formation
* 012345 | Completed Survey | Subdivision 1
* 15.300 EUR | Area Of Value
- Triple Formation
* Trend Line 1,2,3&4 | Subdivision 2
* 4x Retracement | Numbered | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
NAS100 Bull BiasCurrent Market Structure:
1. Trend Analysis:
• The price is still within a well-defined ascending channel.
• The recent price action shows a pullback toward the channel’s midline after hitting resistance near the upper channel boundary.
2. Key Levels:
• Resistance:
• 21,400–21,500: Price is near this key zone, which aligns with previous swing highs. A break above this could confirm further bullish momentum.
• 21,800: The next significant resistance, where a potential rejection could occur.
• Support:
• 21,200–21,300: Immediate support zone near the current price. A break below may lead to a retest of the channel’s lower boundary.
• 20,766 (blue line): Major support that aligns with previous lows and the base of the channel.
Possible Scenarios:
1. Bullish Case:
• If price holds above 21,300 and breaks through the 21,500 resistance zone, there’s a strong likelihood of a move toward the next resistance at 21,800 or even the upper boundary of the channel at 22,200.
• Buy confirmation: Look for bullish momentum candles or a retest of 21,400–21,500 as new support.
2. Bearish Case:
• If the price fails to break 21,500 and falls below 21,300, we may see further downside toward 20,766 (blue line).
• A break below 20,766 would invalidate the bullish structure and potentially lead to a deeper pullback toward 20,400–20,321.
Indicators to Watch:
• Trendline Interaction: The price is near the channel midline. A bounce or rejection here will determine the direction.
• Volume: A breakout above resistance zones requires strong volume for confirmation.
• Momentum Indicators (e.g., MACD/RSI): Watch for divergences or crossovers that might indicate a shift in momentum.
Trading Plan:
1. Long Setup:
• Entry: Above 21,500, after a breakout and retest.
• Target: 21,800, then 22,200.
• Stop Loss: Below 21,300 (midline).
2. Short Setup:
• Entry: Below 21,300, after rejection.
• Target: 20,766, then 20,400.
• Stop Loss: Above 21,500.
Conclusion:
The market remains in an ascending channel, favoring bullish bias unless 20,766 is broken. Monitor price action at 21,300–21,500 for confirmation of direction.
Sasol Ready to Reverse TrendWe have previously detailed the short position on Sasol (see linked idea), now we analyze the bullish case, Sasol price has diverged from Brent, brent is seeking a daily cycle high while Sasol is seeking a cycle low. Here we see a Hammer candle forming at the point of the 0.50 retracement of downtrend. This area is also a support level set by price as it moved out of COVID low while RSI is showing a double bottom. Indications are that price will move upwards, it is in pursuit of a yearly low. The brent chart shows price bouncing on 200 week moving average support that forms a falling wedge with the resistance. If this move plays out Sasol bulls will be happy to accumulate at current level, the implication for inflation due to sharp rising oil will be something to watch.
* Risk accepting investors can buy based on reversal Hammer candle.
* Risk averse investors are best to wait for full confirmation that the cycle has turned when price closes above the blue trendline as well as the 10 week moving average (also blue).
TSLA Fib Pitch FanNASDAQ:TSLA
This chart is so S3XY. Fib Pitch Fan shows many high touch points and consolidation ranges to follow to get an idea of where this stock can really go. This baby can run.
Going back to July of 2020 you can see a candle that has a high of $119.67 and a close of $100.06 and this candle had a nice run up to get there as well. We did see some consolidation after touching the trend line but after went on an incredible run in that range. Once it did break into the range above, the green zone, this stock touched the next trend line with a candle that had high of $294.83 and a close of $293.34. In similar fashion as of now we went above the green zone into the blue zone touching this blue line.
Consolidating in this blue zone right now this stock looks good to break this blue line and make new highs. Above the blue line you can see this range in the blue zone has previous amounts of consolidation but each time you went toward the green zone above to touch that green line. We can break this green line and enter this green zone quickly due to volatility. This stock can enter into new ranges in the green zone not seen before. Volatility could take this stock to new heights and make new trends.
This chart is posted on X.
Link on my profile.
Comment what you think about this chart.
Comment any tips or suggestions.
NASDAQ:TSLA