DJ30 in H1 consolidation / Support Resistance DeviationsI will try to go for buys, when price reaches the hourly floor. We have an Intraday zone above and hourly resistance beneath.
Careful, the top is still dominant. Use RSI to get an entry, if you buy, wait until it has hit the floor 2 or 3 times and shows clear momentum upwards (candle close with few pip distance from zone means rejection, candle close touching zone various times means acceptance and might rather break the zone)
Use 200 pip SL today and RSI for fine tuning of entry.
Note to zones: You see that support and resistance are a little deviated from each other. This is always the case, buyers show support at the floor support zone, while the higher support zone is currently not active at all. This is why we only see clear resistance at the top.
Buyandsellsignal
S SentinelOne Options Ahead of EarningsIf you haven`t bought S prior to the previous earnings:
Then analyzing the options chain and the chart patterns of S SentinelOne prior to the earnings report this week,
I would consider purchasing the 35usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $3.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
GOLD Buy from 1909 to 1939 Gold will likely continue higher for the start of this month. we should see a rise in gold prices for a short period of time. I am expecting gold to use 1909 as support for the start of this week and head up back up to 1925. If 1925 breaks price will head to 1939. Taking buys from this level.
Polygon MATIC and the US Debt CeilingNegotiators from Democratic and Republican parties finalized an agreement on Sunday night.
Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election.
The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market.
Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets.
MATIC/USDT short
Entry Range: $0.85 - 9.91
Take Profit 1: $0.97
Take Profit 2: $1.10
Take Profit 3: $1.24
Stop Loss: $0.78
Solana SOL Price Targets after the Ethereum Shanghai upgradeEthereum’s Shanghai upgrade is scheduled to launch on April 12.
The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden crypto market supply dump.
This is my scenario for Solana:
SOL/USDT short
Entry Range: HKEX:23 - 25
Take Profit 1: HKEX:20
Take Profit 2: HKEX:17
Take Profit 3: $15
Stop Loss: HKEX:28
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Crypto trading is highly volatile. Trade with caution.
Watch these levels for Buy and sell positionsHey guys,
I use Price action and Volume in order to find the Supply and Demand zone, then I get confirmation to open a trade with either RSI divergence or candle sticks in lower timeframe. When price enters the box, consider how strong is the trend before opening the positions
The Take Profits are subject to change as I need to see the last wave before it touches the designed areas to trade. I ll update when I open a position. I will keep you updated
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Nothing in this TA is a financial advice.
BTCUSDT 1h short-term forecast BTCUSDT 1h short-term forecast from WunderTrading
The limit seller acts as a stop volume
Lack of volume on previous growth. High probability of return to the empty value area
Continued decline in highs. What indicates the absence of a strong buyer
Decrease in volatility before POC breakout
BTCUSDT 1h shot-term forecast BTCUSDT 1h shot-term forecast from WunderTrading
Strong level relative to the previous value zone
Lack of volume on growth - VAL is a price magnet
There is a possibility of retesting the level of 20100
Globally, the cost zone is formed as a sales zone. Expectations for update low
BTCUSDT 1W long-term forecast BTCUSDT 1W long-term forecast from WunderTrading
A separate picture shows the Delta 1W.
Delta = Ask - Bid
Delta allows you to see the true buying and selling and understand who dominates the market
It is important to note 3 factors for the delta: quantity, magnitude
subsequence
The green zone is a zone of increased power of buyers:
Significant increase in green delta
The size of the delta is above average, which indicates an increase in its value
Lack of seller and increased green delta consistency
It is important that so far we see a zone of low volume. Which indicates the likelihood of a decline to 10,000-12,000. This will probably be the last move down. Globally, we are at the end of a downward cycle
BTCUSDT 4h shot-term forecast BTCUSDT 4h shot-term forecast from WunderTrading
Decreased angle of attack of buyers compared to the previous correction - weakness of buyers increases
A liquidity zone that repeatedly stops the fall and is an area for collecting stop orders
Similar liquidity zone for short orders
Waiting for an exit from the current value area with a double expansion (collecting stops from both sides)
BTCUSDT 4h shot-term forecast BTCUSDT 4h shot-term forecast from WunderTrading
POC level for the previous month
Current decline - zero growth without volumes
Waiting for a false breakout with a return to the channel
There is a possibility of a sub zero zeroing of the previous growth with the collection of stop orders for the level of 20700
BTCUSDT 4h shot-term forecast BTCUSDT 4h shot-term forecast from WunderTrading
In case of holding the level, expectation of continuation of the upward movement. Volumes confirm growth.
So far, there has not been a strong liquidation of longs under. Probably moving beyond the last low level
Nevertheless, the movement continues on the downtrend in the uptrend. Such formations are worked out most often down
BTCUSDT 4h shot-term forecast BTCUSDT 4h shot-term forecast from WunderTrading
After entering overbought, the expectation of a reverse movement to previous volume levels
There is a possibility of a sharp movement to the 25000 zone in order to knock out stop orders
Immediate support for VAH based on previous move
It is possible to go beyond the channel border and the red line in order to knock out the accumulated longs
The 0.618 Fibonacci zone confirms the target for the nearest fall
BTCUSDT 4h shot-term forecast BTCUSDT 4h shot-term forecast from WunderTrading
False exit from their rising wedge
Sellers reaction from key level 22500
Waiting for stop orders to be hit after the last rise
In case of weakness of the buyer, the expectation of a re-movement to the lower border of the triangle - level 20000
BTCUSDT 1h shot-term forecast BTCUSDT 1h shot-term forecast from WunderTrading
Nearest stopping volumes at 21700 and 22500
Previously, there was a partial knockout of stop orders
Pressing to the level and attempting to break through the level of 20800
In case of a breakdown of the level of 20850, expectation of movement to 21700 with a subsequent rollback
BTCUSDT 1D shot-term forecastBTCUSDT 1D shot-term forecast from WunderTrading
Bitcoin is once again drawing an upward pattern on a downtrend. A high probability of a dream to break it down.
The next strong support is 12000.
The EMA grid is still confirming the downtrend.
Scenario cancellation - pinning above the EMA grid.