#BNXUSDT further bullish movement📈 LONG BYBIT:BNXUSDT.P from $0.6836
🛡 Stop Loss: $0.6436
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:BNXUSDT.P broke through a key resistance at $0.6791, confirming buyer strength and signaling further bullish continuation.
➡️ Volume is increasing, indicating strong market interest in the uptrend.
➡️ POC at $0.4528 suggests that major liquidity was accumulated significantly lower, reinforcing the bullish trend.
➡️ The next upside target is $0.7396 , followed by $0.7873 if momentum continues.
⚡ Plan:
📈 Bullish Scenario:
➡️ Enter LONG from $0.6836 if the price maintains support above this level.
➡️ Manage risk with Stop-Loss at $0.6436 to protect against downside moves.
🎯 TP Targets:
💎 TP1: $0.7396 — first resistance level, potential profit-taking zone.
🔥 TP2: $0.7873 — strong level where buyers may exit.
🚀 BYBIT:BNXUSDT.P Expecting further bullish movement!
📢 If the price BYBIT:BNXUSDT.P holds above $0.6836, further upside toward $0.7396 and $0.7873 is likely.
📢 However, if it drops below $0.6436, the bullish setup may be invalidated.
Bullishpattern
#ATOMUSDT further bullish movement📈 LONG BYBIT:ATOMUSDT.P from $4.842
🛡 Stop Loss: $4.800
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:ATOMUSDT.P is bouncing off key support at $4.800, confirming buying interest.
➡️ The price has broken through $4.842, which could trigger further bullish momentum.
➡️ POC is positioned lower, suggesting strong volume accumulation below, reinforcing the bullish trend.
➡️ Primary upside target: $4.905, followed by $4.960 if momentum continues.
⚡ Plan:
➡️ Enter LONG from $4.842 if price holds above this level.
➡️ Manage risk with Stop-Loss at $4.800 to protect against sudden reversals.
➡️ Main upside targets:
🎯 TP Targets:
💎 TP1: $4.905 — first resistance, potential profit-taking level.
🔥 TP2: $4.960 — next strong level for possible exit.
📢 If the price holds above $4.842, further upside toward $4.905 and $4.960 is likely.
📢 However, if it drops below $4.800, the bullish setup may be invalidated.
🚀 BYBIT:ATOMUSDT.P Expecting further bullish movement!
GOLD 4H TECHNICAL ANALYSIS GOLD ATH / READ CAPTION CAREFULLY Dear Traders,
Please find our updated analysis of the 4H Chart (5th February):
Key Observations:
Orange Circles: Highlight previously achieved targets, showcasing the precision and effectiveness of our analysis.
Previous Chart Review:
TP1 (2788): Successfully hit.
TP2 (2815): Successfully hit.
TP3 (2841): Successfully hit.
Market Overview:
* TP1 (2850) Successfully Achieved
* GOLD is trading at an ATH of 2851, oscillating between the weighted level with a gap above 2850 and a gap below the 2823 Entry Level.
* EMA5 and FVG are offering strong support in this range.
* Price action will test these levels side-by-side until a decisive break and lock above/below the weighted levels confirm the next directional move.
Resistance Levels:
2850, 2876, 2903
Key Support: 2776
Support Levels (GOLDTURN Levels):
2828 (Critical Weighted Level)
2803 (Critical Weighted Level)
2776 (Major Support Level)
2747 (Lower Major Demand Zone)
EMA5 (Red Line):
* Currently below TP1 (2850), indicating sustained bullish momentum.
* EMA5’s behavior will be pivotal in determining the next price action trajectory.
Recommendations
* Focus on EMA5 Behavior:
Bearish Case:
* If EMA5 holds below TP1 (2850) and resistance levels remain intact, bearish momentum may drive prices to retest GOLDTURN weighted levels.
* Scenario 1: If EMA5 crosses and locks below Entry 2823, expect further bearish movement toward GOLDTURN 2803.
* Scenario 2: If EMA5 crosses and locks below GOLDTURN 2803, anticipate another decline toward the major support at GOLDTURN 2776.
Bullish Case:
Scenario 1: If EMA5 crosses and locks above TP1 (2850), the next bullish target is 2876.
Scenario 2: If EMA5 crosses and locks above TP2 (2876), the subsequent bullish target will be 2903.
Scenario 3: A crossover and lock above TP3 (2903) will set the stage for the next target at 2925.
Short-Term:
Utilize 1H and 4H timeframes to capture pullbacks at GOLDTURN levels.
Target 30–40 pips per trade, focusing on shorter positions in this range-bound market.
Each Level allows 30 -40 pips bounce, buy at dip level for proper risk management
Long-Term Outlook:
* Maintain a bullish bias, viewing pullbacks as buying opportunities.
* Buying dips from key levels ensures better risk management, avoiding the pitfalls of chasing tops.
Final Thoughts:
Trade with confidence and discipline. Our detailed and accurate analysis equips you to navigate market movements effectively. Stay tuned for daily updates and multi-timeframe insights to stay ahead in the game.
Please support us by likes, comments, boosts and following our channel
Best regards,
📉💰 The Quantum Trading Mastery
Contracting triangle on XAUHi everyone
what are you doing this days?
After a strong bullish trend from 2780 to 2880 and completing two upward legs, we are now trapped in a contracting triangle.
The scenario I anticipate for the market's next move is marked in red: an upward push toward the identified resistance zone, followed by a drop to the lower trendline.
What do you think ? comment below
I hope you capture the best profits from the market!
Nifty's Next Move? 24,000 on the Cards!The hourly candle formed on Friday, 7th Feb looks promising! A bullish engulfing pattern, confirming RD while taking support at AVWAP, sets up an interesting long opportunity. With the low of this candle on a closing basis as SL, going long makes sense.
📈 Upside Target? 24,000 in the coming weeks!
📉 What about ATH? A new all-time high (ATH) looks unlikely unless we see a clear breakout above the heavy supply zone of 24,200 - 24,300.
🔍 Trading Idea
For now, shorting PUTs seems like a good play, aiming for 23,800 - 24,000 levels with a clear SL of closing below 23,400.
👀 What's your view? Drop your thoughts below! 🔥📊
⚠ Disclaimer: This is my personal view and not a recommendation or tip. Please do your own due diligence and study before making any trading decisions.
NSE:NIFTY
Dogecoin (DOGE/USDT) Technical Analysis - February 2025Overview:
Dogecoin has shown a notable shift in its price dynamics, with significant retracements and key technical indicators suggesting potential upcoming moves. Analyzing the 4-hour chart on Binance, we observe critical support and resistance levels, along with key Fibonacci retracement zones.
Price Action & Key Levels:
Current Price: $0.24647
Key Support Levels: $0.24330 (1.618 Fib), $0.23188, $0.11269
Resistance Levels: $0.30 (psychological), $0.40, $0.48500 (recent high)
The price is hovering near the 1.618 Fibonacci extension at $0.24330, acting as a critical support zone. A breakdown below this could push DOGE towards the next support at $0.23188 and potentially $0.14499 (2.618 Fib level).
Indicators Analysis:
MACD: The MACD line is slightly below the signal line with a histogram showing minimal bullish momentum. This indicates a potential for continued consolidation or bearish pressure unless a bullish crossover occurs.
RSI: Currently at 37.85, the RSI indicates that DOGE is approaching the oversold territory. The RSI-based moving average at 38.72 suggests bearish sentiment but not yet in extreme conditions.
Volume: A noticeable decrease in volume signals weakening buying interest, supporting the bearish outlook unless renewed demand emerges.
Fibonacci Retracement Insights:
The retracement from the recent high around $0.40236 shows DOGE struggling to maintain key Fibonacci levels. Failure to reclaim the 0.618 retracement zone could lead to deeper corrections towards the 2.618 and 3.618 extensions.
Outlook & Trading Strategy:
Bearish Scenario: A break below $0.24330 may trigger further declines towards $0.14499. Traders could consider short positions with tight stop losses above $0.25.
Bullish Scenario: A rebound above $0.30 could reignite bullish momentum, targeting $0.40 and beyond.
Conclusion:
DOGE is at a crucial juncture. While bearish indicators dominate, the proximity to key support levels and oversold RSI conditions hint at a potential short-term bounce. Traders should monitor volume spikes and MACD crossovers for confirmation of trend reversals.
GBPUSD BULLISH CRABHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
JTO ANALYSIS📊 #JTO Analysis
✅There is a formation of Descending Channel Pattern in daily chart with a breakout and retest the levels. We would see a good price moment in few weeks if breakout sustains here and also breakout the major resistance zone 🧐
👀Current Price: $3.220
🚀 Target Price: $4.100
⚡️What to do ?
👀Keep an eye on #JTO price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#JTO #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
KAVA ANALYSIS📊 #KAVA Analysis
✅There is a formation of Descending triangle pattern on 1 day chart with a breakout 🧐
Pattern signals potential bullish movement incoming after a consolidation
👀Current Price: $0.5050
🚀 Target Price: $0.5600
⚡️What to do ?
👀Keep an eye on #KAVA price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#KAVA #Cryptocurrency #TechnicalAnalysis #DYOR
BTC | W-BOTTOM Pattern Continuation - UPDATEA quick continuation on yesterday's BTC update, with regards to the bullish W bottom pattern that likely takes us into the new ATH.
There are a few conditions that need to be met in order to "secure" the W pattern, but we're currently not seeing these conditions met. The good news, is that it's beginning to look more like a cup an handle pattern, also a bullish pattern.
This daily lose and especially the weekly close is going to be a KEY candle close to watch.
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BINANCE:BTCUSDT
$SFM outperforms the Consumer Stables ETF $XLPNASDAQ:SFM outperformed the Consumer Discretionary select sector SPDR fund $XLP. Sprout Farmers ( NASDAQ:SFM ) has been a great momentum stock within the consumer staples. It has outperformed all the stocks with the of the AMEX:XLP in the last 5 Year period. It has also outperformed other momentum ETFS like Technology sector ETF $XLK. In this Chart we plot SFM against XLP and we clearly see that when consumer staples ETF AMEX:XLP is struggling NASDAQ:SFM is making new highs. NASDAQ:SFM chart shows a bullish golden cross when 20-Day SMA is above 50-Day, 100-Day and 200-Day SMA.
Indusind Bank Bottoms Reversal confirmed in seeing a good upside Can see 10 % upside and if sustain above 1100 then we can see new rally.
This post is just my perception and for study purpose only.
I am not a SEBI registered analyst. As stock market has risk of loosing money.
Please invest your hard earned money carefully.
I will not be responsible for any loss in the stock market.
CHZ ANALYSIS🔴 #CHZ Analysis : ❓❓
🔮There is a formation of "Bullish Pennant Pattern" in #CHZ in 1D time frame. We can expect around $0.1325 bullish move if the price break the pattern.📈
⚡️What to do ?
👀Keep an eye on #CHZ price action. We can trade according to the chart and make some profits. ⚡️⚡️
#CHZ #Cryptocurrency #Breakout #DYOR
SUSDT - a pattern as text bookS looks bullish as it breakout the trendline in 4h chart
consolidation a v bottom pattern as text book... price acton expected to be a shown in chart
(breakout the neckline , retest then continuation in bullish)..
expected 25% bullish rally in coming days
Best regards Ceciliones🎯
BTC | EXCITING PATTERN | Bullish Pattern in the DailyBTC has formed an interesting pattern in the daily timeframe.
The W-Bottom pattern is a bullish pattern that shows up on the daily timeframe usually when the price is about to go higher. This can be considered as a bullish pattern or even a fractal, if we look at previous price action with the same pattern.
This is likely the impulse that leads to a new BTC ATH as well as a new ETH and SOL all time high, which we are still waiting for:
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BINANCE:BTCUSDT
Gold Struggles at Trendline Resistance: What’s Next?Gold Weekly Analysis
Trendline Resistance:
Gold's price has repeatedly struggled to break above the rising trendline, signaling strong resistance in this area.
Support Zone Strength:
The previous resistance zone has flipped into a solid support level, providing a safety net for any pullbacks.
Next Move:
A breakout above the trendline could trigger a strong bullish continuation.
A rejection here may lead to a pullback, with support near $2,387 acting as the critical level to monitor.