Zone
#XAUUSD STILL IN VAILD ZONE The XAUUSD long zone remains valid as the price holds above a key support level, indicating strong bullish potential. Traders are advised to monitor the price action closely for confirmation signals, ensuring a confident entry into the market for the next potential upward move.
Gold Outlook Gold is moving as on its path which is clear for it
As we see the chart chart tells us from daily prespective that yesterday's low is not yet broken gold has taken support from under yesterday low now its showing us rejection over that another confluence is gold has completed 68% fibonachi retracement over its daily chart now we will be seeing it as bullish bais
From 4H to 1H prespective gold has formed triple bottom and we are experiencing a change in volume we can expect a rally upwards in gold although we are still bearish on gold but seems like we are going to change our direction ⬆️
EURUSD Testing Strong Support ZONE Near 1.0700EURUSD Testing Strong support zone near 1.0700
EURUSD is currently testing strong support zone near 1.0680:1.0700.
This area seems poised to push the price up again in the coming days making it a potential shortterm trade opportunity.
The US will release the consumer price index CPI data on wednesday so the market is likely to speculate again .
The US consumer price index YOY For October is expectedto be 2.6 percentage vs 2.4 percentage the previous month.
Energy YOY for October is expected to remain 3.3 percentage.
You mayfind more details in the chart thankyou and Good luck
BTC btc "arrowhead"neutral zone orange line based on past moving averages and current measurement up to november 1st 2024,. Purple lines represent arrowhead fibonacci of price above and below the standard average neutral between support and resistance based from all the way back to october 2024, one year prior. Not a lot of activity above 160%, main range of bitcoin remaining in 78% lower half and over 100% gains upper region.
Gold at Record Highs! Breakout or Imminent Reversal?4-Hour Time Frame Analysis:
Higher Highs (HH) and Higher Lows (HL): The chart displays a clear upward trend with higher highs and higher lows. This indicates a bullish market structure.
Ascending Channel: The price is moving within an ascending channel, showing a steady increase in value.
Key Levels:
1-Hour LQZ / Reversal: 2429.940
4-Hour LQZ / Reversal Point: 2391.394
Potential Take Profit (TP) Levels:
TP 1: 2319.385
TP 2: 2288.085
TP 3: 2267.832
Current Price Action: The price has reached the upper boundary of the ascending channel, suggesting a potential reversal or breakout. Traders should watch for confirmation before taking action.
1-Hour Time Frame Analysis:
Higher High (HH): Similar to the 4-hour chart, the 1-hour chart also shows a higher high, indicating a bullish trend continuation.
Ascending Channel: The price is respecting the ascending channel, reinforcing the bullish sentiment.
Key Levels:
1-Hour LQZ / Reversal: 2429.940
4-Hour LQZ / Reversal Point: 2391.394
Current Price Action: The price is at the top of the ascending channel. Traders should look for signs of a reversal or a breakout above this level to gauge further price movements.
15-Minute Time Frame Analysis:
Ascending Channel: The 15-minute chart shows a detailed view of the ascending channel with the price closely following this structure.
Key Levels:
1-Hour LQZ / Reversal: 2429.940
4-Hour LQZ / Reversal Point: 2391.394
Current Price Action: The price is currently at the top of the channel, suggesting a potential short-term reversal or continuation depending on the breakout direction.
Summary:
Bullish Trend: All three time frames show a clear bullish trend with higher highs and higher lows.
Ascending Channel: The price is moving within an ascending channel on all time frames, which supports the bullish outlook.
Key Reversal Zones: Pay attention to the 1-hour and 4-hour LQZ / Reversal points at 2429.940 and 2391.394 respectively.
Potential Reversal: The price is currently at the upper boundary of the ascending channel on all time frames. This indicates a potential reversal if the price fails to break out. Traders should wait for confirmation before entering trades..
Ultimate Trading Strategy: Reaction to Supply and Demand Levels!🔍 Identifying Potential Buy or Sell Zones: In this step, you need to identify the zones that are likely to react and wait for the price to potentially reach them. ⏳📊
🌟 With the reaction to the first area, a buy trade is activated. 🌟
📝 Confirmations:
📉 Reaction to the expected area – Watch for a price movement hitting our anticipated zone!
🛠️ Formation of a combined hammer pattern – Look out for this powerful reversal signal!
📈 Formation of a bullish engulfing pattern – A strong indicator of upward momentum!
🔍 Trading Tips:
💡 High-risk stop-loss location:
👉 Place it below the candlestick pattern. At least twice the spread to ensure you're covered! 📏🔒
💡 Lower-risk stop-loss location:
👉 Place it below the expected area. Again, at least twice the spread for extra safety! 📏🔒
💰 Take-profit strategy:
👉 Base it on risk management mathematics, such as risk-reward ratios of 2, 4, and 6.
👉 Alternatively, observe reactions to past market areas, especially near important market highs and lows. 📊📈
🎯 Entry point strategies:
👉 Enter at the close of the confirmation candle.
👉 Or, set a limit order around 50% of the confirmation candle for a bigger volume opportunity! 📉📈
🌟 Buying in Two Phases: A Smart and Exciting Strategy! 🌟
🔹 Phase One:
When you reach a profit of twice the risk, exit the trade. Why? Because the Asian high has been hunted and the candlestick formed has a long upper shadow. 🌄💹
💡 Analysis:
The price hasn’t reached other zones yet and has risen in reaction to the first expected zone. Therefore, we expect a pullback and continued upward movement. 💪📈 So, I’ll place a second buy trade. 🚀💵
🔍 Confirmations for the Second Buy Trade:
A double bottom has formed, marked with an X. ❌❌
A small hammer candlestick has swept the double bottom. 🔨
A long positive shadow candlestick has swept the bottom and reacted to a small order block on the left. 🌟
💡 Tips for the Second Buy Trade:
Enter at the close of the long-shadowed doji candlestick or place a stop limit order above the long-shadowed doji candlestick. 📉📈
The stop loss should be below this candlestick. 📏🔒
🔹 Phase Two:
Next, the price has reached an expected reaction zone from where we expected a price drop. 🌐💡
🔍 Confirmations for the Sell Trade:
Reaction to the expected zone. 🔍
An inverse hammer candlestick reacting to the zone. 🔨
💡 Tips for the Sell Trade:
The entry point should be in a candlestick with a negative signal indicating a price drop. This hammer candlestick can indicate a decline. 📉🔻
The target can be a reward of 2 or the last price bottom. 🎯💰
The stop loss should preferably be behind the expected zone. 📏🔒
🔥 Important Points!!:
Since the price hasn’t deeply penetrated the zones, there’s a chance it might go higher or even mitigate this zone twice, ultimately turning it into a pullback for a further price rise. 🚀📈
Continuing on, the price reached the upper zone area.
We expected a price drop from this zone, but it reached at 03:15,
which is outside our trading session. However, we could have traded on it.
🔍 Sell Confirmations:
The price has reached the expected zone.
An inverse hammer candlestick pattern.
💡 Interesting Fact:
If you had placed a limit order around the midpoint of the previous two zones,
you would have profited by now. So, for this zone, you can also place
a limit order around 50% of it.
Continuing further, other zones have formed below that could be useful
for new trades.
✨ Successful Sell Trade Achieved, Reaching a Reward of 4 Times the Risk.
📉 During the session continuation, the trend line was broken, triggering an upward price pullback.
🔹 Now, at the beginning of the session, we have a new zone, likely a selling order placement area. We're taking the risk on this zone. This time, we can place the trade around 50% of it. 🚀💼
🔥 Alright, what's your take now? 🔥
🌟 Is the price reacting to this level or not? 🌟
🚀📈 or 📉💥
Where are the upper zones located?
What do you think? 🤔💬
Will COTI find a way out?Hello. Today we are looking at COTI cryptocurrencies. Recently we saw a strong upward move, which was caused by fundamental information. At this point, we can see a clear corrective structure with a clear entry zone. The entry condition is the breakout of the low of wave A and low RSI on the H4-D1 intervals. We should look for a candle formation in the zone. The target for this trade will be a new top. This is a SPOT and leverage zone.
COTI - Zone UPHello. Today we are looking at COTI cryptocurrencies. Recently we saw a strong upward move, which was caused by fundamental information. At this point, we can see a clear corrective structure with a clear entry zone. The entry condition is the breakout of the low of wave A and low RSI on the H4-D1 intervals. We should look for a candle formation in the zone. The target for this trade will be a new top. This is a SPOT and leverage zone.
BTC1! - HARD TO BUY AT THE TOP? - BUY AT THE RED LINE - WEEKLYBTC Future price is ranging at the top of his historical price range zone.
We feel that there is a potential for the price to just leave earth and go beyond easily and at the same time deception can occur with possibility to see the price squeeze down buyers before going in its potential historical run up to new highs.
This is when DCA or Entry could potentially be done at the RED LINE zone. Long Entry to not miss history!
Who still believe that it could go to zero? here fundamental analysis is necessary depending on how regulation is going to evolve in the next years....
HOTUSDT - LONG or SHORT breakout ? HOTUSDT is currently consolidating around its support zone of 0.00185 and we can expect the consolidation to continue for next few days.
We have both LONG and SHORT opportunity here depending on whether the price breaks the support zone or bounce backs after consolidating at the support zone.
We will share more details about the trade once the price moves. Stay tuned for more updates.
Like and follow us for more similar ideas.
Cheers!
GreenCrypto
COTI - A short trade#COTI/USDT #Analysis
Description
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+ COTI price has broke out from the support zone and heading towards the next support
+ This is a clear indication of the continuing bearish trend.
+ I see a good opportunity for short trade here.
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VectorAlgo Trade Details
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Entry Price: 0.1833
Stop Loss: 0.2169
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Target 1: 0.1622
Target 2: 0.1416
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Timeframe: 4H
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
LIT - A trade opportunity with a profit potential of +730 %#LIT/USDT Analysis
Description
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+ LIT has formed a promising saucer pattern, typically regarded as a bullish indicator.
+ Currently, the price is lingering near the resistance zone, suggesting a potential breakout in the near future.
+ I've identified a compelling trade opportunity with a profit potential of +730% (leveraged at 10x). I'm initiating the trade at the current price, allocating a small margin of 0.25% of the trading capital.
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VectorAlgo Trade Details
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Entry Price:1.267
Stop Loss: 0.992
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Target 1: 1.371
Target 2: 1.524
Target 3: 1.787
Target 4: 2.203
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 10-15x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
OP - Breakout waiting to happenBINANCE:OPUSDT (1DH CHART) Technical Analysis Update
OP is currently trading at $3.777 and showing overall bullish sentiment and waiting to breakout from the resistance zone.
Breakout from the resistance zone will definitely fuel to bull run of the OP. OP is also one of the fundamentally strong coin so we cannot go wrong with the LONG entry for this coin while we wait for bull run continue.
Entry level: $ 4.292 (candle close above this)
Stop loss level: $ 3.697
Target 1: $ 4.597
Target 2: $ 5.061
Target 3: $ 5.571
Target 4: $ 6.610
Target 5: 6.792
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
HelenP. I Bitcoin can make correction, after which continue growHi folks today I'm prepared for you Bitcoin analytics. A not long time ago price declined from support 2, which coincided with the support zone to the trend line, after which the price bounced and started to trades in the support zone. Some time later, BTC broke the trend line and support 2 again, and then the price started to rise to the trend line. When it reached this line, BTC broke it, made a retest, and then continued to move up to support 1, which coincided with one more support zone. Later, the price finally reached support 1, broke it, and little time trades in the support zone, but soon it made a correction below this level. Then BTC in a short time rose back and even recently grew higher than the support zone to 48600 points. But also, a not long time ago BTC stopped rising more, and now it trades near the support zone, so I expect that price can make little movement up, after which Bitcoin will decline to the trend line, which coincides with support 1 in support zone and then it can rebound up from this area. For this reason, I set my target at the 49200 level. If you like my analytics you may support me with your like/comment ❤️
GOLD - Price can correct almost to support line, and bounce upHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
When price made downward impulse from resistance level, it declined lower than $2025 level, thereby breaking it.
Also soon, price turned around and started to move up in rising channel, where later Gold rose higher than $2025 level.
But later, price in a short time declined below again to support line of channel, and some time traded near this line.
After this, price made upward impulse from this line to resistance area, breaking $2025 level again.
A not long time ago, Gold turned around and declined to support line of channel, making fake breakout.
Now, I think that Gold can little correct almost to support line of channel and then continue to rise to $2055 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
BTCUSD - INSTITUTIONAL BUYING ZONE1. A breakout is about to happen at the support level.
2. A false breakout is when the institutions enter the market at respective level either support or resistance level.
3. But big institutions resist the breakout by buying huge quantities there forming a false breakout.
4. It was the right time to follow their footsteps.
BCTUSD - INSTITUTIONAL BUYING ZONE1. A breakout is about to happen at the support level.
2. A false breakout is when the institutions enter the market at respective level either support or resistance level.
3. But big institutions resist the breakout by buying huge quantities there forming a false breakout.
4. It was the right time to follow their footsteps.
Ethereum - INSTITUTIONAL BUYING ZONE1. A breakout is about to happen at the support level.
2. A false breakout is when the institutions enter the market at respective level either support or resistance level.
3. But big institutions resist the breakout by buying huge quantities there forming a false breakout.
4. It was the right time to follow their footsteps.
BNB can rebound from the seller zone and start to declineHello traders, I want share with you my opinion about Binance Coin. Looking at the chart, we can see how the price some time ago rebounded from the resistance level and made an upward impulse to 332 points, but then the price rebounded down and started to decline in a downward channel, where it fell lower than 308 level, thereby breaking it. Next, the price fell to the support level, which coincided with the buyer zone, after which it bounced up from this level and rose higher than the resistance level, thereby exiting from the channel. But soon, BNB turned around and declined to the 290 support level. Then price made an upward impulse from this level and later started to trades inside the range. In range, BNB rose to 321 points, and then made a downward impulse to the support level, breaking the resistance level with the seller zone. Price fell to the buyer zone, after which it rebounded and rose to the seller zone, but recently it turned around and fell below. At the moment, Binance Coin trades near this zone and I think the price can grow to the resistance level and, or to the seller zone and then start to decline to the support level. For this reason, I set my target at the 290 level. Please share this idea with your friends and click Boost 🚀
New low in EURUSDYesterday, EURUSD broke the previous bottom and reached the first target - 1.0820.
All sales already made must be reduced risk.
New trade opportunities will be available after pushing back from the resistance.
The target is a new test of 1.0820, and on a break, heading towards 1.0740!
The sell idea is broken on a break above 1.0916.