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ETHUSDT: Attempting a Recovery After the Dump Hey, traders! Today, we’re focusing on $ETHUSDT. The price is trying to recover after a sharp dump, currently sitting at 3,345.52 USDT . We see a support level at 3,308.46 USDT , which has held up under pressure, but its retention remains critical. --- 🔑 Key Levels: Support: 3,308.46 USDT — the key zone where buyers might keep the market steady. 3,302.52 USDT — an additional defense level in case of renewed pressure. Resistance: 3,360.00 USDT — the nearest target to test the bulls' strength. 3,400.00 USDT — a zone for partial profit-taking if the upward momentum continues. --- 🚩 Trading Strategy: Entry Point: - Consider a long position after confirming the support at 3,308.46 USDT and observing a bullish impulse. Stop-Loss: - Place your stop below 3,302.52 USDT to minimize risks. Take-Profit Targets: 3,360.00 USDT — the first profit-taking point. 3,400.00 USDT — the final target for this upward move. --- 📈 Technical Analysis: The sharp volume dump indicates a liquidity grab attempt. If bulls can hold the 3,308.46 USDT level, recovery toward resistance is possible. It’s important to monitor volume and price reaction at key levels. --- 💡 Conclusion: Ethereum is clearly attempting to recover after a strong dump, but buyers must hold support. Will the market manage to reclaim lost ground? Share your thoughts in the comments!
Long
by Max_Pr0fit
2
USD/JPY: Continuation Pattern in Focus?The USD/JPY pair is currently in a significant uptrend on the daily chart, characterised by a series of rising highs and lows. Following a marked upward movement, the price has entered a consolidation phase, indicating a temporary pause before potentially resuming its directional trajectory. This sideways movement is often interpreted as preparation for a breakout, presenting an intriguing opportunity for attentive investors. Possible Buy Scenario Should the price manage to breach the resistance within the current consolidation range, approximately at the 158.00 level, it could signal a resumption of the uptrend in the coming days. A daily close above this resistance would strongly indicate a continuation of the upward momentum, with a target set around the 161.75 region (approximately 350 pips). This target marks the next significant resistance zone on the chart and represents the highest price observed in recent years, largely attributed to the Bank of Japan's decision to maintain very low interest rates, leading to a considerable depreciation of the Yen. In this scenario, an effective risk management strategy could involve placing a stop loss just below the low of the consolidation range, around 155.80 (approximately 250 pips), to protect against potential false breakouts. Alternative Sell Scenario Conversely, if the price fails to break through the resistance and instead falls below the consolidation level at 155.80, this could signal a possible reversal or a deeper correction. Under these circumstances, the USD/JPY might seek lower support, such as the 151.50 region, which aligns with a previous support zone on the chart. This scenario would indicate a shift in market behaviour, potentially influenced by macroeconomic events or fundamental data that could impact risk appetite. In summary Investors should closely monitor macroeconomic developments, including US employment data, speeches from Federal Reserve officials, and geopolitical events, as these can introduce volatility into the pair. Paying attention to price behaviour within the consolidation range will be crucial in determining which of the outlined scenarios is most likely to materialise. Disclaimer 74.2% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and if you can afford the high risk of losing your money. Past performance is not indicative of future results. Investment values may fluctuate, and you may not recover your initial investment. This content is not intended for residents of the UK.
Long
by Marketscom
“Market Anomaly Detector : Spot Reversals with Statistical BandsDescription: The Market Anomaly Detector (MAD) uses advanced statistical calculations to detect price anomalies, providing accurate Buy and Sell signals for traders. Look at the chart, how beautifully it captured the entire bull move. Thats how this indicator is able to capture all the market abnormalities. Key feature is to create the average price momentum thru these upper/lower bands and grey background shows that price is in expected price range. Key Features: 1. Custom Statistical Bands: • MAD calculates upper and lower price bands using the mean price and standard deviation, representing the expected price zones. • Breaching these bands signals overbought or oversold conditions. 2. Z-Score-Based Detection: • Detects significant price deviations from the norm, offering high-confidence signals for market reversals. 3. Momentum and Trend Filters: • Combines RSI and multi-timeframe trend confirmation to ensure only reliable signals are generated. 4. Dynamic Background Colors: • Color-coded zones for quick visual identification: • Green for bullish momentum. • Red for bearish momentum. • Gray for neutral/expected zones. 5. Volume Filtering: • Filters signals based on volume spikes, ensuring better accuracy in volatile markets. How It Works: • Buy Signal: Triggered when the price breaks below the lower band, aligning with bullish momentum and trend confirmation. • Sell Signal: Triggered when the price breaks above the upper band, aligning with bearish momentum and trend confirmation. • Visual Alerts: Green and red labels show Buy/Sell opportunities, while background colors highlight market sentiment.
by TradeTechanalysis
1
EURNZD - Potential Rejection at ResistanceThe EURNZD pair is approaching a significant resistance zone marked by prior price rejections. This area aligns with a key supply zone, and the market structure hints at a potential reversal. The overall context suggests that sellers may take control at this level, leading to a downward move. I anticipate that if the price shows a clear rejection from the resistance zone, the market may head lower toward the 1.83200 support level. This setup aligns with the idea of trend exhaustion near resistance. if you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
Short
by DanieIM
How invalidation of a short setup becomes a long setupExplanation of the Trading Setup Based on the Chart: "Short Re-test" Signal Creates Two Scenarios: Plan A: When a "Short re-test" signal appears, it indicates potential resistance and a possible continuation of the downward move. You can short with the expectation that sellers will dominate and push the price lower. Plan B: Alternatively, you prepare for a breakout, where price moves above the resistance formed by the "Short re-test" signal. This indicates a potential trend reversal or continuation of bullish momentum. In this case, Plan B was triggered, leading to a textbook breakout above the resistance zone. Breakout Confirmation and Retest Setup: After the breakout, the price moved higher and provided a "Buy re-test" signal. This is a classic example of a breakout retest pattern, where the price pulls back to test the broken resistance, which now acts as support, before continuing upward. Multiple "Buy Re-test" Signals Strengthen the Trend: Following the initial breakout and retest, the chart shows multiple green "Buy re-test" signals along the way. Each signal marks a new key support level, confirming bullish control and the reliability of the uptrend. Notice how each of the three key supports held, demonstrating strong demand at these levels and affirming the strength of the bulls. Key Takeaways: The initial "Short re-test" signal gave traders the opportunity to anticipate both a short continuation or a bullish breakout. Once the breakout occurred, it was followed by a strong series of retests, giving traders multiple low-risk entry points to go long. Holding key support levels after each "Buy re-test" signal validated the bullish momentum, creating high-confidence long setups as the trend progressed. This setup exemplifies how combining breakout strategies with retest confirmations can lead to profitable trades while maintaining manageable risk. Contact me to get a trial of that Impulse Master indicator
CME_MINI:ES1!Education
by CastAwayTrader
GBP USD Complete Analysis - Top Down - Structure wiseHi guys, Below im going to go through a detailed breakdown of GBP USD for longer term swing trades and what i am looking for to confirm any trade direction. Firstly i want to start of at the monthly time frame: Below is a photo of the monthly timeframe clearly showing bearish structure with lower highs and lower lows: So our monthly bias is bearish, and the last rally could just be a pull back to continue lower, However, considering that the low that was created in September of 2022 created a new all time low for the pair, i am skeptical that this pair will go any lower. Furthermore, looking at the price action from the low of 2016 till date we can see that price has been pretty much range bound, which also looks to be a Wyckoff accumulation schematic. However this will only be confirmed once price breaks above the last high marked up in the above drawing, as this will confirm bullish strength and a break of long term structure to the upside. Conclusion of monthly time frame analysis: Trend is bearish but it seems to be at it's turning point. So we need to see confirmations of lower timeframe to determine weather price will continue to drop or go higher. Now lets look at the daily time frame: Looking on the daily time frame we clearly see bullish structure, with higher lows and higher highs, however remember this entire structure could just be a pull back of the monthly time frame's bearish structure. So when will this move be considered a pull back of the bearish monthly structure? if price manages to break the recent low marked up in the above drawing at around 1.204. this will indicate a break of the bullish structure on the daily timeframe and a shift from bullish to bearish structure. As long as price is above this low, 1.204 then the structure will remain to be bullish. So to recap, on the monthly we are overall bearish but we are expecting that we are at the end of the bearish move, but we need to see the lower timeframes confirm if price wants to go higher. As of now, the daily structure is bullish and the structure is holding. So we can look for buys at this point. Lets go down to the 4 hr time frame: On the 4 hr timeframe we can see the clear bearish structure. but remember that as long as price is above the 1.204 mark then we are bullish on the daily, so this bearish structure gives us opportunities to enter long positions at lower prices. But in order to confirm that this bearish structure will not just continue to drop and shatter the 1.204 mark, then we need to see a shift in structure from bearish to bullish, which will occur when price breaks above the high in the above photo at around 1.28. This will indicate the end of this bearish pull back and a change in structure from bearish to bullish, so then we will have bullish structure on the 4 hr and the daily time frames. Entries however will be taken on the 15 or 5 min timeframes, when the time comes. For now i need to wait and see if the 4 hr structure will turn bullish or not. Also another note on the 4 hr timeframe, structure aside, we can see some signs of accumulation where we have just done a quick sweep and stop hunt of the lows which also indicate that bullish strength may enter soon. As shown in the below photo: So overall i am bullish on GBP USD but i need the 4 hr time frame to confirm my bias by breaking structure upwards and clearing the 1.28 mark. At that point we will scope in on the 15 min for entries on pull backs. The other scenario is if price continues to be bearish, and breaks the low on the daily time frame at around 1.204, this will completely shift our bias from bullish to bearish, and will look for sell positions on pull backs. So for now, we wait. Wait for price to show you what it wants to do, does it want to respect the bullish structure on the daily time frame? or does it want to shift the structure from bullish to bearish? this will be the deciding factor here. And based on that we can analyze further and look to take some good swing trades. If you made it this far, i thank you for your time and patience, and i hope this helped you in some way. Thank you, and happy new year to everyone!!
Long
by mohamed_hammoud
4
SPX6900 (Daily Chart) – Analysis and Key Insights1️⃣ Rally and Performance SPX6900 has been on a remarkable rally since September 2024, showcasing its potential as a standout performer. The market experienced a correction phase after the initial surge, creating a base for renewed bullishness. 2️⃣ Bullish Momentum Resumes Since November 26, SPX6900 has displayed consistent bullish momentum, currently sitting at a market cap of $800M. The moving average and price action confirm the market's strength, with higher lows and breakout potential. 3️⃣ Community and Vision The team and community are targeting billions of dollars in market cap, supported by a strong belief in the project’s narrative. This isn’t just about quick trades—the SPX6900 movement is focused on long-term growth and adoption. 4️⃣ Key Community Metrics A growing community of over 60k followers on X, supported by well-known KOLs. The project stands out for its vision-driven narrative, differentiating it from typical speculative coins. 💡 Final Thoughts SPX6900 is shaping up to be a long-term opportunity for patient holders, with potential for significant gains in 2025. If the current momentum continues, this project could become one of the top-performing coins in the coming months. 📌 What’s your view on SPX6900? Let’s discuss in the comments below! 🚀
RAYDIUM:SPXSOL_9T1H1U.USDLong
by TraderOuss_LumaNex
BTC LONG 25/12/24 - SHORT TERM VIEW This is a Bitcoin price chart with two potential upward price movement patterns marked. Here’s a summary: Current Price Level: The chart indicates Bitcoin is trading near $98,640, with resistance and support levels clearly marked. First Pattern (Bullish Move): A potential price breakout towards the $102,650 level, continuing to the $105,230 level, following a bullish trend. Second Pattern (Pullback and Recovery): A potential pullback near $95,770- 96,370 before rebounding and breaking higher to the same levels as the first pattern. Key Levels: Resistance Levels: $100,640, $102,640, and $105,230. Support Levels: $96,370 and $95,770. Structural Stop-Loss Level: $93,500 for all long trades, as indicated by the "VIEW FAILURE" note. Technical Indicators: The chart displays moving averages 10 & 20, showing convergence near the current price, which may indicate the possibility of a trend continuation. This suggests a focus on potential upward movements while managing downside risk with a clear stop-loss level. This is my view - Trade at your own risk !
CRYPTO:BTCUSDLong
by BlitzkriegTrades
1
NVIDIA to ATH $153 until end of 2024 (16% ROI)With NASDAQ:NVDA , we are currently in a promising position to see a final exaggeration into the end of the year. The stock has risen over 180% percent in 2024 and I think we have a good chance to make 200% out of that. Looking at the chart we can see a clear uptrend trendline starting in August this year with multiple touchpoints along the line. Since October we're consolidating within the range from $131 to $153. After touching the trendline on thursday last week we're good to go higher (at least for now). Resistance will be the current ATH at $153. If we fail to hold the level at $131 on the daily chart the trade will be invalidated. That leaves us with 16.54% ROI in total. Target Zone $153.00 Support Zone $131.00
NASDAQ:NVDALong
by LGNDRY-Capital
4
AUDNZD strong bullish expectations AUDNZD pair which I am watching last 5 months, other my analysis on AUDNZD are attached, plus I am attach and CADCHF analysis its interesting to look, its almost same based on SYMMETRICAL TRIANGL. AUDNZD price is make bounce on trend line, its break upper trend line-SYMMETRICAL TRIANGL, plus CHANNEL on 4h TF is visible and its also breaked. Technicalls on medium and long term are strong bullish, when take all this parameters i am here still bullish. SUP zone: 1.09200 RES zone: 1.11500, 1.12400
Long
by DepaTrading
USDJPY new bullish for expect FX:USDJPY trend based analysis, we having in period from 1.12 - 9.12 ROUNDED BOTTOM pattern visible, price is make break of same and confirmation of same (yellow line) and its make short bullish push, currently price in consolidation, its on strong ex. zone 151.800 (violet line). What here expecting after todays and past events in this week, still looks like we will have strong USD and here exepcting to see new bullish push. SUP zone:151.450 RES zone:154.550, 155.050
Long
by DepaTrading
3