BYBIT:JUPUSDT.P appears to be forming a falling wedge, which is typically a bullish pattern. After a breakout, it could present a potential setup for entry. This is not financial advice, please manage your risk accordingly.
BINANCE:BTCUSDT has touched an important monthly level, presenting a notable observation for traders. For those who missed this movement and are considering an entry point, the $44,200 area, highlighted by both weekly and daily levels, appears to be a promising option. This zone also aligns with the Fibonacci 0.382 level, adding to its significance. Additionally,...
BINANCE:ATOMUSDT is currently endeavouring to breach the key resistance zone. Once it successfully overcomes this barrier and the descending trendline originating from September of last year, the subsequent target for BINANCE:ATOMUSDT could be the critical $20 zone. Good luck!
Bitcoin (BTC) has formed a SFT bullish pattern on the 4-hour timeframe, we could pay attention to the retest of the 30880 area, as it may serve as a potential short opportunity to take advantage of liquidity pool levels at 29200 - 28800 area
BTC has recently been rejected from the middle of its range, signaling a bearish outlook. Keep a close eye on the key support level at $29200, a break below this level could indicate further downside potential. However, there is a significant order block around the $26900 area, which might serve as strong support. If BTC reaches this level and shows signs of...
While Bitcoin continues to hold its uptrend channel, I see a potential short opportunity in the near term. Currently, BTC is holding the middle of this channel, and I believe it's possible for it to retest the Fair Value Gap (FVG) at $32,677. Interestingly, this FVG level also coincides with the 0.5 Fibonacci retracement level, adding further significance to this...
I believe that Ethereum is on the verge of a significant shift, as it has recently exhibited some encouraging trends. Before we embark on the voyage to over $2000, I anticipate ETH to retest a key area where several significant levels converge. OTE (Optimal Trade Entry): This is a vital area where we may observe intense purchasing pressure, a retest here would...
After months of consolidation, Solana (SOL) closed above the 2021 downtrend, this is a significant development for SOL. Watch the Fib goal next, this level has often acted as a magnet for price action in the past and could do so again.
As Binance Coin (BNB/USD) is currently testing a significant weekly support, market participants should keep a close watch on the coming price action. Given the recent developments between the Securities and Exchange Commission (SEC) and Binance, we could observe heightened selling pressure in the near term that might induce a downside break of this critical...
Our attention has been drawn to the 15-minute chart of APE, which is exhibiting a harmonic pattern and RSI bullish divergence. This could provide a potential scalp trading opportunity. Please note that this is not financial advice and always consider the inherent risks associated with trading. Idea : On the 15-minute chart of APE, a harmonic pattern has been...
SOL: Key Support Level Meeting Fib 618, Potential Bounce or Risk of Liquidity Pool Solana (SOL) seems to be offering an exciting scenario as it nears an important support level, coinciding with the Fibonacci 618 retracement level. This idea provides a potential trading strategy, but should not be taken as financial advice. As always, be aware that all...
Bitcoin (BTC) seems to be presenting an interesting scenario. It's hovering near a key support zone and could provide a lucrative trading opportunity if certain conditions play out. However, this idea requires thorough analysis and is not to be taken as financial advice. Remember, every investment carries inherent risks. Idea: Bitcoin is currently trying to...
XRP seems to be offering an interesting setup for traders with two potential entry positions available. Before proceeding with this trading idea, please make sure to do your own research and consult with your financial advisor. Remember that all investments come with risks. Idea: Spot Entry Now: The first strategy is to take a spot entry right now. With this...
Introduction : Ethereum (ETH) has been showing signs of potential weakness that could provide a viable shorting opportunity. This analysis focuses on the possibility of ETH breaking below the opening level of May, which could signal a bearish trend. Analysis : May Opening Level: The opening price of ETH in May has proven to be a significant support level. If...
Introduction : Bitcoin's (BTC) recent rally to the top of its downtrend channel presents a potential shorting opportunity, particularly as it has yet to clear the short liquidity. This situation calls for a more strategic approach to trading that can take advantage of this pattern. Analysis : Approaching Downtrend Resistance: BTC has been trading in a defined...