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US30 ( BREAKOUT ASCENDING CHANNEL ) (1D)US30 HELLO TRADERS Tendency, the price is under down ward pressure, until trade below 40,025 . Upward zone : In order to see an increase, the price needs to break the turning level at 40,025 , to reach resistance levels (1) at 41,219 , then as it stabilizes on the turning level we may see new resistance zones around 42.549 and 43,658 . Downward zone: Provided until the prices trade below the turning level, it indicates a reach of the support level (1) at 39,071, then breaking this level with a 1d or 4h open candle below is likely to reach the support level (2) at 38,099 . Corrective level :Price may make a correction before dropping . TARGET LEVEL : RESISTANCE LEVEL : 41,219 , 42,549 , 43,658 . SUPPORT LEVEL : 39,071 , 38,099 .
EIGHTCAP:US30Short
by ArinaKarayi
DXY ( BREAKOUT AND AGAIN INSIDE CHANNEL ) (4H)DXY HELLO TRADERS Tendency, the price inside sensitive area , trading nearly turning level at 103.221 . Upward Zone : as long as the price should be breaking turning level at 103.221 , refers active upward zone , currently the price trading below turning level at 103.221 , to rising inside resistance zone between 103.690 & 104.477 , first thing for this rising reach of a resistance level (1) at 103.690 , by closing 4h candle above it easily reach next level at 104.477 , to confirm a rising , the price should be breaking resistance zone because in this zone have been many sales before . Downward Zone: until the price trading below turning level around 103.221 , indicates dropping to support level (1) around 102.736 , to confirm true decline , the price it will be breaking 102.736 , by closing 4h candle below it to reach support level (2) at 102.310 , called support zone have been buying increase in this zone before . TARGET LEVEL : RESISTANCE LEVEL : 103.690 , 104.477 . SUPPORT LEVEL : 102.736 , 102.310 .
TVC:DXY
by ArinaKarayi
1
Bitcoin Down 14% from Halving Event: What Happens from HereThree posts ago, we discussed the intricate relationship between Bitcoin’s halving events and broader economic conditions. The recent market developments have indeed proven this connection, as Bitcoin has experienced a significant 14% drop since the halving event on April 20th 2024. Context of the Recent Market Crash Several factors have contributed to Bitcoin's recent decline: 1. Macro-Economic Conditions : The Bank of Japan's rate hike on July 31, 2024, significantly impacted global markets. This move made borrowing more expensive, disrupting the carry trade involving the yen and causing a ripple effect across various asset classes, including cryptocurrencies. 2. Market Sentiment and Sell-offs : The anticipation of Mt. Gox creditor repayments, releasing around $8 billion worth of Bitcoin into the market, created fear among investors, prompting a sell-off that drove prices down to as low as $53,600. 3. Broader Equity Market Decline : Global equity markets have also been under pressure, with major indices experiencing significant losses. This broader market downturn has influenced Bitcoin's price, as investors often sell off riskier assets during periods of economic uncertainty It's Not All Doom and Gloom Over the long term, Bitcoin has always shown resilience and growth, particularly in the years following a halving event. Historically, Bitcoin's price tends to experience significant increases 6-12 months after each halving. This pattern has been consistent across the previous three halving events: 2012 Halving: Bitcoin surged from around $12 to over $1,000 within a year. 2016 Halving: Bitcoin climbed from approximately $650 to nearly $20,000 within 18 months. 2020 Halving: Bitcoin soared from $8,000 to over $60,000 in the following year. These historical trends indicate that despite short-term volatility and market downturns, Bitcoin has a strong track record of long-term growth. This resilience is driven by the fundamental principle of reduced supply through halvings, which creates scarcity and can drive demand. Position Update from Our Trend Model The Model had gone cash one day prior to the sell-off, resulting in a small loss of 6% from the long entry price back in July, the model was however able to avoid what was to come after that, which was a 20% drawdown within 72 hours. The model remains bearish for the medium term and we'll update in another post when the time comes. As always, it is crucial to conduct thorough research and consider both macroeconomic factors and market sentiment when making investment decisions. Stay tuned for more updates and insights as we continue to monitor the evolving market conditions and their impact on primarily crypto 🚀.
by AlgoAlpha
2
#OIL Elliot wave analysisAfter the bearish move that oil prices experienced until the fifth of August, it seems like the price has initiated another bullish move, which currently appears to be an impulsive wave. However, it should be noted that even if this bullish move is an ABC corrective wave, it makes no difference since the price could still go higher to complete wave C. Therefore, this bullish move seems probable for now, and we could look for buying opportunities near support levels.
CAPITALCOM:OIL_CRUDELong
by mohemati
SPX500USD ( TRADING ABOVE SUPPORT LEVEL(1) ) ( 4H )SPX500USD HELLO TRADERS Tendency, the price is under bullish pressure , until the price trading above support level (1) at 5,206 . Upward Zone : until the price trading above 5,206 , refers active upward zone , currently the price trading above turning level at 5,267 , to rising inside resistance zone between 5,344 & 5,411 , first thing for this rising reach of a resistance level (1) at 5,344 , by closing 4h candle above it easily reach next level at 5,411 , to confirm a rising , the price should be breaking resistance zone because in this zone have been many sales before . Downward Zone: should the price reserve and breaking turning level at 5,267 , indicates dropping to support level (1) around 5,206 , to confirm true decline , the price it will be breaking 5,267 , by closing 4h candle below it to reach support level (2) at 5,124 , called support zone have been buying increase in this zone before . Corrective level :Price may make a correction at 5,267 & 5,206 , before rising . TARGET LEVEL : RESISTANCE LEVEL : 5,344 , 5,411 . SUPPORT LEVEL : 5,206 , 5,124 .
OANDA:SPX500USDLong
by ArinaKarayi
NAS100USD ( INSIDE DESCINDING CHANNEL ) ( 4H) NAS100USD HELLO TRADERS in recent days , prices have fallen sharply , with the issuance of shares of several companies and losses . Tendency, the price is under bullish pressure , until the price trading above turning level at 18,244 . RESISTANCE ZONE : in order to see an increase , as long as trading and stabilizing above turning level at 18,244 , to support rising to reach of a resistance level (1) at 18,698 , to confirm a rising trading , price should be closing 1h or 4h candle above resistance level (1) to reach a resistance level (2) at 19,112 , this two level called resistance zone , there have been many sales in this zone before , may be the price reserve descending channel before rising . SUPPORT ZONE : should the price reserve and breaking turning level , indicates dropping to support level (1) around 17,435 , to confirm downward , the price it will be breaking 17,435 , by closing 4h candle below it to reach support level (2) at 17,047 , to reach support level (3) at 16,232 , the price should be stabilizing below 17,047 , there have been many buying in this zone before . Corrective level :Price may make a correction at 18,244 , before rising . TARGET LEVEL : RESISTANCE LEVEL : 18,698 ,19,112 , 19,546 . SUPPORT LEVEL : 17,435 , 17,047 , 16,232 .
OANDA:NAS100USDLong
by ArinaKarayi
XAUUSD ( UNDER BULLISH PRESSURE ) (4H)XAUUSD HELLO TRADERS Tendency, the price is under upward pressure , until the price trading above support level (1) at 2,367$. Upward Zone : until the price trading above support level (1) , indicates further up trading , currently the price trading above turning level at 2,391 , to support reach of a resistance level (1) around 2,420$ , to confirm upward , price need breaking by close 4h candle above 2,420$ to reach resistance level (2) at 2,440$ , may be the price reserve and breaking turning level to reaching a support level (1) at 2,367$ , after starting a upward . Downward Zone: should the price reserve and breaking turning level , indicates dropping to support level (1) around 2,367$ , to confirm downward , the price it will be breaking 2,367$ , by closing 4h candle below it to reach support level (2) at 2,337$ . Corrective level :Price may make a correction at 2,391$ & 2,367$ , before rising . TARGET LEVEL : RESISTANCE LEVEL : 2,420$, 2,440$ , 2,460$. SUPPORT LEVEL : 2,367$ , 2,337$ , 2,303$.
OANDA:XAUUSDLong
by ArinaKarayi
DOGEUSDT ( STABILIZING BELOW TURNING LEVEL ) ( 4H )DOGEUSDT HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 0.102 . TURNING LEVEL : the price of this level at 0.102 , so until the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) . RESISTANCE ZONE : this zone between 0.115 and 0.128 , in order to see this zone the price need breaking turning level at 0.102 , breaking this price indicates an increase and reaching the resistance level (1) at 0.115 , then stabilizing above resistance level (1) likely to reach of a resistance level (2) at 0.128 , after breaking this zone it will be attempt to reach resistance level (3) at 0.141 , selling have already increase in this zone . SUPPORT ZONE : this zone between 0.091 & 0.080 , until the price trading below turning level or stabilizing below this level indicates to reach of a support level (1) at 0.091 , by open 4h or 1h candle below support level (1) , it indicates to reaching support level (2) around 0.080 CORRECTIVE : the price corrective at 0.102, before dropping . TARGET LEVEL : RESISTANCE LEVEL : 0.56 , 0.61 , 0.65 . SUPPORT LEVEL : 0.44 , 0.39 .
Short
by ArinaKarayi
2
XRPUSDT ( BREKOUT ASCENDING CHANNEL ) (4H)XRPUSDT HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 0.51 . TURNING LEVEL : the price of this level at 0.51 , so until the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) . RESISTANCE ZONE : this zone between 0.56 and 0.61 , in order to see this zone the price need breaking turning level at 0.51 , breaking this price indicates an increase and reaching the resistance level (1) at 0.56 , then stabilizing above resistance level (1) likely to reach of a resistance level (2) at 0.61 , after breaking this zone it will be attempt to reach resistance level (3) at 0.65 , selling have already increase in this zone . SUPPORT ZONE : this zone between 0.44 & 0.39 , until the price trading below turning level or stabilizing below this level indicates to reach of a support level (1) at 0.44 , then breaking this level by open 4h or 1h candle below this easily to touch a support level (2) at 0.39 . CORRECTIVE : the price corrective at 0.51, before dropping . TARGET LEVEL : RESISTANCE LEVEL : 0.56 , 0.61 , 0.65 . SUPPORT LEVEL :0.44 ,0.39 .
Short
by ArinaKarayi
11
Gold Traders Alert: Crucial Levels to Watch for the Next Trade!Key Components: Chart Type and Pair: The chart is a 1-hour (1H) timeframe for the Gold Spot/U.S. Dollar (XAU/USD) pair. Support and Resistance Levels: Horizontal Resistance Line at $2,446.18: This is labeled as "1HR LQZ" (1-hour liquidity zone), indicating a significant resistance level where price might face selling pressure. Horizontal Support Line at $2,347.82: Also labeled as "1HR LQZ," indicating a significant support level where the price might find buying interest. Trend Lines: There are descending yellow trend lines drawn, indicating a downtrend. The lower yellow trend line has a label suggesting a "Potential 3rd Touch," which typically indicates a possible point for a bounce or reversal. Price Action: The recent price action shows a lower high (LH) formation near $2,446.18, suggesting a downtrend continuation. Two potential scenarios are sketched on the right side of the chart with different colored lines (orange and green) depicting possible future price movements. Analysis: Current Trend: The overall trend appears to be bearish due to the formation of lower highs (LH) and lower lows (LL). Support and Resistance: The price is currently trading between two significant levels ($2,446.18 and $2,347.82). Breaking either level with strong momentum could indicate the next directional move. The price nearing the lower yellow trend line for a potential third touch suggests a possible bounce. If the price respects this trend line, it could indicate a temporary support. Potential Scenarios: Bullish Scenario (Green Path): If the price finds support at the lower yellow trend line and the horizontal support at $2,347.82, it might bounce back towards $2,446.18. Breaking above this level could lead to a further rise. Bearish Scenario (Orange Path): If the price fails to hold the support at the yellow trend line and $2,347.82, it might continue to fall. A break below this support level could lead to further declines, targeting lower support levels not shown in the chart.
OANDA:XAUUSD
by Adlercon333
GBPJPY ( UNDER STRONG DOWNWARD PRESSURE ) ( 4H )GBPJPY HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 183.919 . TURNING LEVEL : the price of this level at 183.919 , so until the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) . RESISTANCE ZONE : this zone between 191.007 and 198.018 , in order to see this zone the price need breaking turning level at 183.919 , breaking this price indicates an increase and reaching the resistance level (1) at 191.007 , then stabilizing above resistance level (1) likely to reach of a resistance level (2) at 198.018 , after breaking this zone it will be attempt to reach resistance level (3) at 203.869 , selling have already increase in this zone . SUPPORT ZONE : this zone between 180.401 & 177.400 , until the price trading below turning level or stabilizing below this level indicates to reach of a support level (1) at 180.401 , by open 4h or 1h candle below support level (1) , it indicates to reaching support level (2) around 177.400 . CORRECTIVE : the price corrective at 183.919 , before dropping . TARGET LEVEL : RESISTANCE LEVEL : 191.007 , 198.018, 203.869 . SUPPORT LEVEL : 180.401 , 177.400 .
Short
by ArinaKarayi
1
USOIL ( BREAKOUT DESCINDIN CHANNEL ) (4H)USOIL Tendency, the price is under down ward pressure , until trade below 74.22 . Upward zone : In order to see an increase, the price needs to breaking the turning level at 74.22 , to reach resistance levels (1) around 77.06 , then breaking resistance level (1) it indicates to reach of a resistance level (2) at 78.89 . Downward zone: Provided until the prices trade below the turning level, it indicates a reach of the support level (1) at 71.55 , then breaking this level with a 4h or 1h open candle below is likely to reach the support level (2) at 69.30 , the breaking this level reach a next level at 67.93 Corrective level :Price may make a correction at 74.22, before dropping . TARGET LEVEL : RESISTANCE LEVEL : 77.06 , 78.89. SUPPORT LEVEL : 71.55 , 69.30 , 67.93 .
TVC:USOILShort
by ArinaKarayi
NAS100USD ( BREAKOUT DESCINDING & ASCENDING CHANNEL ) ( 4H )NAS100USD Tendency , the price is under bearish pressure , until trading below 18,244 . TURNING LEVEL : the price of this level at 18,244 , so as long as the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) . RESISTANCE LEVEL (1) : this level around 18,698 , for reach this resistance level the price need breaking turning level , indicates have good selling in this level . RESISTANCE LEVEL (2) : around 19,112 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) . SUPPORT LEVEL (1) : this level around 17,435, for reach this support level the price need stabilizing below turning level , indicates have good buying in this level . SUPPORT LEVEL (2) : support level at 17,047 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE : the price corrective at 18,244 , before dropping . PRICE MOVEMENT : currently price 18.037 , my be the price first thing corrective turning level , as long as until the price trade below turning level at 18,244 , it will be trying to reach support level (1) , then breaking by open 4h or 1h candle below this level , indicates to reach a support level (1) , if the price breaking turning level by open 4h or 1h candle easily to reach of resistance level (1) . TARGET LEVEL : RESISTANCE LEVEL : 18,698 , 19,112 . SUPPORT LEVEL :17,435 ,18,239 .
OANDA:NAS100USDShort
by ArinaKarayi
1
MAX/USDT NEW INCREASE VOLUMEMAX/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets. The new increase volume updates start always with interest if there is a confirmation with follow, and if there is a building with hold for a time. 90% of coins this time are not building coins. some % shows also a start fake trend and return back where it did start. time frame confirmation + high levels building is important for a healthy coin. We are in a main market where panic is active. When this coin can confirm we will follow it further for trend follow. This update and all our updates are not trading advice, Trading can always be risky. Let's hope the best trades for everyone❤️
Long
by SatochiTrader
Dogecoin Buying Opportunity?As you can see on the daily chart, dogecoin is trending downwards in this channel. Buyers seem unable to break above .12800 resistance at the moment. If price breaks below the support line, I will wait to see how price reacts to the potential buy zone for a long position/dead cat bounce. If price retests the support line and doesn't break it, I might enter for a scalp to the upside. If price breaks above the channel and creates a new trend upwards, I will enter long. What are your thoughts on dogecoin? COINBASE:DOGEUSD
COINBASE:DOGEUSDLong
by TheTrendInspector
6
GOLD ( SENSITIVE WEEKLY ) (1D)XAUUSD HELLO TRADERS Fundamental : due to the fight in the middle east , gold prices complete instability . Tendency, the price under bullish pressure , until trade below 2,427$ . Upward Zone : In order to see an increase, as long as the price trade turning level at 2,427$, it indicates a reach of resistance levels (1) at 2,482$ , then as it stabilizes on the turning level we may see new resistance zones around 2,520$ and 2,560$ . Downward Zone: by breaking turning level by open 1d candle below this level , it indicates a reach of the support level (1) at 2,364$, then stabilizing below this level is likely to reach the support level (2) at 2,297 . Corrective Level :Price may make a correction at 2,427$ , before rising . TARGET LEVEL : RESISTANCE LEVEL : 2,482$ , 2,520$ , 2,560$ . SUPPORT LEVEL : 2,364$ , 2,297$ .
OANDA:XAUUSDLong
by ArinaKarayi
USDJPY ( BREAKOUT DESCENDING CHANNEL ) (4H)USDJPY HELLO TRADERS Tendency, the price is under down ward pressure , until trade below turning level at 144.502. Upward Zone : In order to see an increase, the price needs to break the turning level at 144.502 , to reach resistance levels (1) around 149.479 , then breaking resistance level (1) by open 4h candle above it indicates to reach of a resistance level (2) at 154.775 , then stabilizing above resistance level (2) indicates to reach of a resistance level (3) at 158.627 a strong resistance level selling have already in crease this level . Downward Zone: Provided until the prices trade below the turning level, it indicates a reach of the support level (1) at 140.377, then breaking this level with a 4h or 1h open candle below is likely to reach the support level (2) at 137.684 , this two level called support zone it is very strong zone because inside accumulation area . Corrective level :Price may make a correction at 144.502 , before dropping . TARGET LEVEL : RESISTANCE LEVEL : 149.479 , 154.775 , 158.627 . SUPPORT LEVEL : 140.377 , 137.684 .
Short
by ArinaKarayi
GBPUSD ( INSIDE DESCENDING CHANNEL ) (4H)GBPUSD HELLO TRADERS Tendency, the price is under down ward pressure , until trade below turning level at 1.281 . Upward Zone : In order to see an increase, the price needs to break the turning level at 1.281 , to reach resistance levels (1) around 1.285 , then breaking resistance level (1) it indicates to reach of a resistance level (2) at 1.293 , then stabilizing above resistance level (2) indicates to reach of a resistance level (3) at 1.303 a strong resistance level inside strong supply zone . Downward Zone: Provided until the prices trade below the turning level, it indicates a reach of the support level (1) at 1.270, then breaking this level with a 4h or 1h open candle below is likely to reach the support level (2) at 1.262 , this two level called support zone it is very strong zone because inside accumulation area . Corrective level :Price may make a correction at 1.281 , before dropping . TARGET LEVEL : RESISTANCE LEVEL : 1.285 , 1.293 , 1.303 . SUPPORT LEVEL : 1.270 , 1.262 .
Short
by ArinaKarayi
NAS100USD ( FALLING 600 POINT AND BREAKOUT TWO CHANNEL ) (4H) NAS100USD HELLO TRADERS Tendency, the price is under down ward pressure , until trade below 17,806 . Upward zone : In order to see an increase, the price needs to break the turning level at 17,806 , to reach resistance levels (1) around 18,694 , then breaking resistance level (1) it indicates to reach of a resistance level (2) at 19,536 . Downward zone: Provided until the prices trade below the turning level, it indicates a reach of the support level (1) at 17,320, then breaking this level with a 4h or 1h open candle below is likely to reach the support level (2) at 16,996 . Corrective level :Price may make a correction at 17,806 , before dropping . TARGET LEVEL : RESISTANCE LEVEL : 18,694 , 19,536 . SUPPORT LEVEL : 17,320 , 16,996 .
OANDA:NAS100USDShort
by ArinaKarayi
EURUSD ( UNDER UPWARD PRESSURE ) ( 4H )EURUSD Tendency , the price is under bullish pressure , until trading above 1.076. TURNING LEVEL : the price of this level at 1.076 , so as long as the price trade above this level indicates likely to reach a resistance level (1) , but if the breaking by open 4h candle below this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 1.084 , for reach this resistance level the price need stabilizing above a turning level , indicates have good selling in this level . RESISTANCE LEVEL (2) : around 1.089 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) SUPPORT LEVEL (1) : this level around 1.072 , for reach this support level the price need breaking a turning level , indicates have good buying in this level . SUPPORT LEVEL (2) : support level at 1.067 , for reach this level will be breaking by open 4h candle below support level (1) . PRICE MOVEMENT : currently price 1.079 , as long as the price trading above turning level , indicates to reach a resistance level (1) , then breaking this level likely to reach resistance level (2) , by breaking turning level indicates likely to reach support level (1) . TARGET LEVEL : RESISTANCE LEVEL : 1.084 , 1.089 . SUPPORT LEVEL : 1.072 , 1.067 .
Long
by ArinaKarayi
2
NAS100USD (STRONG BEARISH ) (4H)NAS100USD Tendency , the price is under bearish pressure , until trading below 18,912 . TURNING LEVEL : the price of this level at 18,912 , so as long as the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) . RESISTANCE LEVEL (1) : this level around 19,237 , for reach this resistance level the price need breaking turning level , indicates have good selling in this level . RESISTANCE LEVEL (2) : around 19,638 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1). SUPPORT LEVEL (1) : this level around 18,481, for reach this support level the price need stabilizing below turning level , indicates have good buying in this level . SUPPORT LEVEL (2) : support level at 18,239 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE : the price corrective at 18,912 , before dropping . PRICE MOVEMENT : currently price 18,582 ,my be the price first thing corrective turning level , as long as until the price trade below turning level at 18,912 , it will be trying to reach support level (1) , breaking this level by open 4h or 1h candle above this level , indicates to reach a resistance level (1) . TARGET LEVEL : RESISTANCE LEVEL :19,237 , 19,638 . SUPPORT LEVEL :18,481 ,18,239 .
OANDA:NAS100USDShort
by ArinaKarayi