Currently, Bitcoin Cash is showing a bullish momentum with a breakout attempt above the $478.1 resistance zone. I have set a stop buy order slightly above this level to open a trade, as confirmation of the breakout could lead to further upward movement. Key Levels: Resistance 1: $478.1 (Breakout Zone) Resistance 2: $530.2 Support 1: $454.1 Support 2: $413.1 Trade...
Bullish Perspective: If Bitcoin breaks above the key resistance at $98,085, it may continue its upward movement. A clean breakout and retest of this level could provide a good entry point for long positions, targeting the $103,421 and $108,213 resistance levels. Monitor the RSI for signs of bullish momentum, as a move above 50 could confirm strength. Bearish...
"This is another analysis with a different perspective compared to my previous one."
Here’s my outlook for the next few weeks: 1️⃣ Price could test the 97,300 support level, where I’ll watch for a bounce. 2️⃣ If it breaks lower, I expect further downside toward 94,800. 3️⃣ Bullish scenario: A strong bounce above support and consolidation could push BTC to the 108,000 - 110,600 zone. Keeping both bearish and bullish setups in mind—reacting based...
Opened with a Sell Stop order below consolidation. 📉 Price broke down sharply as expected. Entry: 1.26833 Stop-Loss: 1.27306 Target: 1.25200 Closed half the position to secure profits. Keeping the rest open for further downside—no rush to close it yet!"
Analysis: I'm placing a stop sell order below the shadow (low) of the 15-minute candlestick. The market shows a potential bearish momentum, with a resistance zone forming around the 1.2724-1.2728 area. My stop loss is set above the recent highs, ensuring risk management, while my target aligns with a potential support near 1.2643. The RSI is around 46, indicating...
"This GBP/USD short position offers a strong risk-to-reward ratio. The stop loss is set near 1.27518, while the target is significantly lower, around 1.24980. Currently, price consolidates near 1.27103, and I’m waiting for momentum confirmation on the 15-minute candle. Once a bearish confirmation candle closes, I’ll consider this position active. The risk zone is...
"Currently observing SOL/USDT on the 4-hour chart. The price is testing the resistance zone around $231.45. I am waiting for a clear breakout above this resistance level with strong volume confirmation before entering a long position. My target would be the next resistance area around $262.69, with a stop-loss placed near $214.06 to manage risk. If the breakout...
"I’m currently waiting for a scenario like this to unfold, or something similar, before I consider opening a short position on GBP/USD. I’m also looking for confirmation before actually executing the trade. Based on my analysis, I expect the dollar to strengthen in the near future, which is why I believe that a short position on GBP/USD could be a profitable move....
I entered this short trade yesterday after price rejected the strong resistance level at 161.927. Price has moved as expected, and today I’ve secured profits by moving my stop loss to breakeven, making this trade risk-free at a 1:2 risk-to-reward ratio. Key Notes: Entry: Resistance rejection at 161.927 Stop Loss: Adjusted to breakeven (Risk-free trade) Target:...
Yesterday, I opened this short position on CADJPY based on a clear resistance level at 108.151. After a strong rejection, price moved down in line with my expectations. Today, I’ve secured some profits and moved the trade to risk-free at a 2:1 risk-to-reward ratio. My stop loss has been adjusted to breakeven, and I’m monitoring for further downside...
I have opened a long position on Ethereum (ETHUSDT.P) on the 1-hour timeframe with a clear trade setup: 1. Entry Point: Around 3,891 USDT. 2. Target: 4,071 USDT (profit target based on price resistance and trend analysis). 3. Stop-Loss: 3,872.51 USDT (managing risk below the recent local low). 4. Risk-to-Reward Ratio: Favorable for this...
Current Structure: The price is consolidating near 719.47 USDT, testing a key horizontal resistance zone around 730.65 USDT. A clean breakout above this level with a 1-hour confirmation candle would signal a bullish move. 2. Risk-to-Reward Setup: Entry: Around 730-735 USDT after confirmation. Target: 835.55 USDT (previous significant...
Key Levels: Resistance: 0.04078 BTC (visible ceiling price). Support: 0.03704 BTC (current base price). 2. Trend: The price has shown a downward trend recently, stabilizing between 0.03704 and 0.03780 BTC. A lower high pattern indicates weak bullish momentum. 3. Volume: Volume spikes show occasional interest but are inconsistent, suggesting buyers and...
Price action has encountered a significant resistance zone around 108.430 - 108.477, leading to a rejection and subsequent retracement. The current price at 108.092 shows a minor recovery after testing support near 108.000. Key Points: Entry Trigger: The bearish engulfing candle near resistance signals potential downside. Target: Support zone around 107.595,...
Analysis: Entry Trigger: Break above 2.4308. Stop Loss: Below the upward trendline, around 2.3880–2.3811 (red zone). Take Profit: Targeting 2.4847 (green zone), with the potential to extend to 2.5157. Risk-Reward Ratio: Favorable setup with a balanced R:R structure. The RSI at 65.78 indicates momentum is still strong but approaching overbought levels. The volume...