Example of explanation of chart analysis and trading strategy
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There was an inquiry asking for detailed information on how to analyze charts and create trading strategies accordingly, so I will take the time to explain it.
Before reading this article, you need a basic understanding of charts.
That is, you need to understand candles and price moving averages.
If you study this first and then read this content, I think you will have some understanding of trading.
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Whether you are trading spot or futures, marking support and resistance points according to the arrangement of candles on the 1M, 1W, and 1D charts is the first task you need to do before trading.
To do this, you need to understand the arrangement of candles.
Therefore, before using my indicator, it is better to study candles first and understand the arrangement of candles.
When studying candles, it is better not to try to memorize the names or shapes of various patterns.
This is because the overall understanding of candles is important, not the various patterns of candles.
If you study with a book or video, you will be able to understand candles after reading or watching them at least 3 times.
We study charts to trade, not to analyze charts and teach them to others, so we need to study efficiently and save time.
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If you study candles, you will naturally understand the price moving average.
The indicator corresponding to the price moving average is the MS-Signal indicator.
This MS-Signal indicator consists of the M-Signal indicator and the S-Signal indicator, and the main indicator is the M-Signal indicator.
Therefore, we added the M-Signal indicator of the 1W chart and the M-Signal indicator of the 1M chart to the 1D chart so that we can see the overall trend.
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You can see the arrangement of the MS-Signal (M-Signal of 1M, 1W, 1D charts) indicators in the example chart.
Currently, since the M-Signal of the 1M chart > the M-Signal of the 1W chart, we can see that it is a reverse array.
If you understand the price moving average, you will understand that we should not trade when it is a reverse array, but when it is a regular array.
Therefore, since the current state of the example chart is a reverse array, it is not suitable for trading.
However, the reason we brought this chart in this state is because the M-Signal indicators of the 1M and 1W charts are converging.
As convergence progresses, it will eventually diverge.
Therefore, since the possibility of price volatility increases, the possibility of capturing the timing for trading increases depending on whether there is support at the support and resistance points.
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The indicators included in the example chart are drawn as horizontal lines to indicate support and resistance points.
This work performs the same role as the support and resistance points drawn on the 1M, 1W, and 1D charts according to the arrangement of the candles mentioned above.
Therefore, on the 1M, 1W, and 1D charts, horizontal lines are drawn on the indicators to indicate support and resistance points.
You can draw horizontal lines on indicators that are horizontal for at least 3 candles, and if possible, 5 candles.
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Among the HA-MS indicators, the important indicators are the HA-Low and HA-High indicators.
The HA-Low and HA-High indicators are indicators created for trading on the Heikin-Ashi chart.
Therefore, it is the next most important indicator after the MS-Signal (M-Signal on 1M, 1W, 1D charts) indicator that can tell the trend.
You can create a trading strategy depending on whether there is support near the HA-Low, HA-High indicators.
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The next most important indicator is the BW(0), BW(100) indicator.
When this indicator is created or touched, it is time to respond in detail.
That is, when you are trading with a trading strategy created from the HA-Low, HA-High indicators, when the BW(0), BW(100) indicators are created or touched, you can choose whether to proceed with a split transaction.
In addition, you can understand the OBV, +100, -100 indicators as response points for split transactions.
Therefore, you do not need to indicate support and resistance points for the OBV, +100, -100 indicators.
However, it is recommended to mark support and resistance points for the HA-Low, HA-High, BW(0), BW(100) indicators.
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If you look at the price position in the example chart, you can see that it is located in the 0.03347-0.03485 range.
And, the M-Signal indicator of the 1W chart is passing through this range, and the HA-High indicator of the 1W chart is acting as support and resistance.
Therefore, whether there is support near 0.03485 is an important key point.
If support is confirmed near 0.03485, it is a time to buy.
However, since the MS-Signal (M-Signal on the 1D chart) indicator is passing between 0.03485-0.03814, the point to watch is whether the MS-Signal (M-Signal on the 1D chart) indicator can break through upward.
As I mentioned earlier, if the MS-Signal indicator passes, a trend change will occur, so it is significant.
Therefore, in order to turn into a short-term uptrend, it is likely to be supported around 0.03814-0.03982.
Therefore, the first split selling section will be around 0.03814-0.03982.
At this time, whether to sell or hold depends on your investment style and investment period.
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Since the M-Signal indicator on the 1M chart is passing around 0.04341, it is likely to start when the price is maintained above the M-Signal indicator on the 1M chart in order to turn into a long-term uptrend.
Therefore, the second split selling period will be around the M-Signal indicator on the 1M chart.
This is also something you can choose.
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An important volume profile section is formed around 0.03038.
Therefore, the 0.03038 point corresponds to a strong support section.
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(30m chart)
When the time frame chart you are trading is below the 1D chart, it is recommended to activate the 5EMA indicator on the 1D chart.
(I just used the 30m chart as an example. The same principle applies to any time frame chart you usually use.)
This is because there is a high possibility of volatility when the 5EMA of the 1D chart and the M-Signal indicator of the 1M, 1W, and 1D charts are touched.
In other words, you can understand that it plays a certain role of support and resistance.
If it touches the HA-High, BW(100) indicator and falls and falls below the MS-Signal indicator, it will basically touch the HA-Low or BW(0) indicator.
On the other hand, if it touches the HA-Low, BW(0) indicator and rises and rises above the MS-Signal indicator, it will basically touch the HA-High or BW(100) indicator.
However, since it may not do so and may rise or fall in the middle, it is necessary for the support and resistance points drawn on the 1M, 1W, and 1D charts as mentioned earlier.
The support and resistance points drawn on the 1D chart are currently indicated at the 0.03347 point.
Therefore, even if it falls below the MS-Signal indicator, you can understand that there is a possibility of rising again around 0.03347.
Since the 5EMA of the 1D chart and the M-Signal indicator of the 1W chart are passing around 0.03485, we can see that the area around 0.03485 is an important support and resistance zone.
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Since the StochRSI indicator is currently above 50, we should focus on finding a time to sell.
Since it has fallen below the BW(100) and HA-High indicators, it has fallen too much to start trading with a sell (SHORT) position.
However, if you can respond quickly, you can enter a sell (SHORT) position when it falls from the 0.03411 point where the MS-Signal indicator is passing.
When the StochRSI indicator falls below 50, we should focus on finding a time to buy.
At this time, you can trade based on whether there is support or resistance at the support and resistance points drawn on the 1M, 1W, and 1D charts or around the MS-Signal (M-Signal on the 1M, 1W, and 1D charts), 5EMA, HA-Low, HA-High, BW(0), and BW(100) indicators on the 1D chart.
As mentioned earlier, you should not forget that trading strategies can be created based on whether there is support at the HA-Low and HA-High indicators.
Therefore, if possible, it is recommended to trade based on whether there is support near the HA-High indicator point of 0.03443.
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Thank you for reading to the end.
I hope you have a successful trade.
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Chartanalysis
USDJPY Shorts Based on Current Re-DistributionBy combining Wyckoff and SMC principles we have a clear guide on what to expect, and what to do when it happens.
Patience is the name of the game, so set your alerts and hang tight until then.
- Option 2 could turn into a short term swing trade (until we reach daily demand levels)
Nvidia: FluctuationOver the past two weeks, NVDA has exhibited increased fluctuation within the boundaries of the current key levels: the resistance at $152.89 and the support at $126.34. Initially, the price seemed to favor our alternative scenario, but it managed to reverse just in time. Following a dip to $129, the stock rebounded swiftly. Our primary assumption remains that the beige wave III should eventually break above the $152.89 resistance. However, there is still a 33% chance that the expected rises will be delayed by a new low of the blue wave alt.(IV). This alternative scenario will prevail if the stock falls below the $126.34 support level.
3 Must-Know Chart Patterns to Spot Winning Trades!Morning Trading Family
Understanding chart patterns is super important for trading success! In this video, I’ll walk you through the top 3 patterns every trader should know: Head and Shoulders, Double Top/Bottom, and Bullish/Bearish Flags. I’ll show you how to spot them, when to jump into a trade, and how to manage your risk. Whether you’re trading stocks, forex, or crypto, these patterns can make a big difference. We’ll even look at live charts together to keep it simple. Let me know in the comments which pattern is your favorite!
Kris/Mindbloome Exchange
Trade What You See
Technical Analysis: SOL/USDT (1D Chart)
Technical Analysis: SOL/USDT (1D Chart)
Analysis Overview:
The chart depicts a potential bullish scenario for SOL/USDT, highlighting key entry zones and price action structure. Here's the breakdown:
Entry Zones:
Entry 1 (Immediate Support Zone):
Zone: Around the $210-$220 range.
This area marks the first potential buying opportunity, where price has shown prior support and could bounce if retested.
Ideal for aggressive buyers seeking to capitalize on the current bullish momentum.
Entry 2 (Deeper Retracement Zone):
Zone: Around the $180-$190 range.
This zone represents a stronger support level, aligning with historical price action. It's suitable for conservative buyers awaiting deeper corrections.
Price Action and Path Projection:
A bullish continuation is expected if the price holds above the support zones.
Scenario 1: Price could bounce from Entry 1, consolidate slightly, and break higher, targeting levels beyond $280.
Scenario 2: If Entry 1 fails, the price might retest Entry 2 before forming a double-bottom pattern and resuming its upward trend.
Key Technical Indicators:
Moving Average (MA): The price is trading above a key moving average, reinforcing the bullish bias.
Buy and Sell Signals: Recent buy signals indicate renewed bullish pressure.
Volume: (Add volume analysis if relevant, e.g., increasing volume during breakouts.)
Targets:
Target 1: $300 – Based on the previous high.
Target 2: $350 – Major resistance from historical levels.
Risk Management:
Place stop-losses just below the support zones:
Entry 1: Stop-loss at $200.
Entry 2: Stop-loss at $170.
Use position sizing appropriate to your risk tolerance.
"XAU/USD Bullish Breakout with Fibonacci Pullback Setup"This H1 chart of XAU/USD highlights a bullish trend targeting the D1 Supply Zone, a critical resistance area where sellers may step in. A trendline breakout at 2744 confirms strong buying momentum, and Fibonacci retracement levels (50%, 61.8%, 78.6%) are plotted to identify potential pullback zones before further upward movement.
The setup anticipates a pullback to the 61.8% level, offering a high-probability entry for buyers aiming to ride the trend. The target is the supply zone, aligning with the continuation of bullish momentum while keeping an eye on potential reversals near key resistance.
UNEMPLOYEEMENTCLAIM NEWS IMPACT ON GOLD WILL GO FOR LONG?For now you look a daily chart time frame and see the resistance level break with good potential so now we wait for retest the zone where resistance break.
RETEST the level and you go with sniper shot with the target of 400 pips and gold is overall BULL trend and there is news impact today also and the news forecast is clearly says GOLD will pump again.
TARGET: BUY side target first we set 2765 and then we need good potential for buy from here so our next target is 2780.
if news is good for currency so you may see gold will fall and again rests the level area but now forcast is not good for currency so GOLD will pump at NY session
Take-Two: Target Zone in Focus!Although a slight downward tendency has been observed in TTWO’s sideways phase, the stock has recently shown new motivation on the upside. While short-term pullbacks cannot be ruled out, we still expect the beige b-wave to extend into our beige Target Zone (coordinates: $241.59 – $257.87), where we anticipate a significant trend reversal. This outlook remains intact as long as the support at $135.62 holds fast. An early sell-off below this level would trigger our alternative scenario of a premature correction low within our blue Target Zone between $107.47 and $46 (33% probability).
Gold (XAU/USD) AnalysisHello Dear Traders! share Your Thoughts In comments Section Thanks For Support
In My Analysis Of Gold (XAU/USD) on the 4-hour Timeframe. Here's the Details:
Technical Analysis
1. Trend and Channel:
Gold is in a bullish trend, trading within an upward price channel
Price recently tested the upper resistance of the channel (Point 3) and is now consolidating near a key resistance zone.
2. Key Levels:
Resistance Levels:
Around 2725–2745, marked as potential profit-taking zones (TP).
Support Levels:
Strong support near 2690–2700 aligns with the lower channel boundary and past consolidation zones.
Major support around 2630–2650 in case of a deeper retracement.
3. Chart Pattern:
A possible pullback to the support zone (2700) may occur before resuming the bullish trend toward the next targets (2725 and 2745).
Fundamental Analysis
1. Market Sentiment:
Gold's bullish momentum reflects a possible safe-haven demand amid economic uncertainty or declining USD strength.
Investors might also be positioning ahead of key economic data (e.g., inflation, central bank policies).
2. Key Drivers:
If U.S. interest rates remain unchanged or expectations of cuts in increase, it could support further gains in Gold.
Conversely, stronger U.S. economic data or hawkish central bank commentary might lead to a short-term correction.
Outlook
Bullish Scenario: A sustained breakout above 2745 could open the door to further gains toward higher levels.
Bearish Scenario: Failure to hold support at 2700 may trigger a correction toward 2650–2630.
Gold Suggests a bullish bias, with a potential pullback to support before resuming the upward trend.
NOTE: This Analysis For Educational Purposes Only Not A Trading Advice
Electronic Arts: Heading DownwardWe assume that EA’s recent high at $169.82 marked the completion of a prominent wave in green. This top stands out because it represents a typical corrective pattern where a seemingly new uptrend is simulated. Unlike a standard B wave, an overshooting B wave can significantly exceed the prior peak – in EA’s case, the last major high of July 2018. We primarily locate the stock in an extended correction, whereby a magenta downward impulse should push the price below the support at $108.62. However, if EA breaks decisively above the $169.82 resistance in the near term, we will switch to our 33% likely alternative scenario and reckon with further rises.
ETH/USDT Analysis - Bullish Breakout PotentialThe chart demonstrates a clear descending channel pattern that has been forming over the past few weeks. Ethereum has respected the boundaries of this channel, bouncing between support and resistance levels.
Current Observation:
Pattern:
A descending channel often indicates consolidation after a strong trend. It can act as a continuation pattern when the price breaks out in the direction of the prior trend.
Ethereum is currently trading near the middle range of the channel.
Key Levels to Watch:
Resistance: The upper boundary of the channel around $3,600-$3,800 is the critical resistance. A breakout above this level can lead to a strong bullish momentum.
Support: The lower boundary near $3,000-$3,100 is acting as strong support, holding the price from further decline.
Volume and Momentum:
A breakout above the resistance line with increased volume would confirm a bullish continuation.
Projection:
If Ethereum breaks out of the descending channel on the upside:
The next target could be around $4,200-$4,300, aligning with previous high levels.
Key Considerations:
A failed breakout could push the price back into the channel, retesting lower levels of support.
Always manage risk with stop-loss orders placed below the channel support.
$BTC BIG PUMPING & PROFIT TARGET 4 DONE BINANCE:BTCUSDT BIG PUMPING & PROFIT TARGET 4 DONE
Chart Analysis ( CRYPTOCAP:BTC )
💫NEW ATH : $108,306.16
🎆ENTRY POINT : $94428.96
🎇STOPLOSS ZONE : $90,444.77
1ST TARGET $99,762.63 🔥
2ND TARGET $102,315.06 🔥
3RD TARGET $105,501.97🔥
4TH TARGET $108,306.16🔥
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not available for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
BTC Dominance AnalysisWe are currently observing a key resistance zone (labeled as "A") between 59% and 60% dominance. The price action shows a potential rejection from this area, suggesting that BTC dominance might struggle to break above this level in the short term.
If the rejection occurs as expected, we could see a downward move towards the highlighted support zone (labeled as "B") around 54.5% - 55%. This zone represents a significant area of buyer interest and could lead to a reversal or stabilization.
Key Levels:
Resistance (Zone A): 59% - 60%
Support (Zone B): 54.5% - 55%
Projection:
If rejection from Zone A occurs, a bearish movement towards Zone B is likely.
A potential bounce from Zone B could lead to a recovery in BTC dominance.
Solana (SOL/USDT) Weekly AnalysisSolana has demonstrated a strong bullish recovery, bouncing off the $220-$230 support zone, indicating significant buying interest in this region. Currently, SOL is trading around $270, and we are observing price consolidation with the potential for a breakout.
Key Levels to Watch:
Support Zone: $220 - $230
This area has acted as a strong demand zone, where buyers stepped in to defend the price.
Resistance Zone: $290 - $300
A breakout above this resistance zone will signal a continuation of the bullish trend.
Bullish Scenario:
If Solana successfully breaks and holds above the $300 resistance level, we could see a rally toward $350 and potentially higher levels. The bullish structure on the weekly timeframe suggests that buyers are regaining control.
Bearish Scenario:
Failure to break the $290 - $300 zone may lead to a pullback, with the $230 support zone acting as a critical level for buyers to step in again. A breakdown below $230 would invalidate the bullish outlook.
Technical Indicators:
Trend: Bullish on the weekly chart, with higher highs and higher lows.
Potential Targets: $300 (immediate resistance), $350 (next major target after breakout).
Stop Loss: If you're entering a trade, consider placing a stop loss below $230 to manage risk.
Conclusion:
Solana is at a decisive point, and traders should closely monitor the $290-$300 resistance zone for signs of a breakout. A bullish breakout could lead to significant upward momentum, while rejection might cause a short-term retracement.
BTC/USD Analysis Hello Guys Must Support And Share Your Thoughts In Comments Section
In My Analysis Of Bitcoin/US Dollar (BTC/USD) trading pair on a 4-hour timeframe,key technical levels and potential price movements based on technical analysis. Here's a detailed breakdown:
Technical Analysis:
1. Resistance Zone (Green Area):
The area between $99,300 and $101,500 represents a significant resistance zone. The price has previously tested this level multiple times but failed to break above, indicating strong selling pressure.
2. Support Zone (Red Area) :
The support zone around $92,900 to $93,500 has provided a solid base for price rebounds in the past. This suggests strong buyer interest at this level.
3. Price Action & Targets:
The chart suggests a potential rejection from the resistance zone near $99,300, followed by a downward movement.
Target 1 (TP1) is indicated at $96,500, which aligns with intermediate support and a possible retracement level.
Target 2 (TP2) is set at $94,000, closer to the primary support zone.
4. Trend & Momentum:
The overall trend seems to be consolidating within the resistance and support levels, indicating indecision.
The large blue arrow shows a bearish sentiment, suggesting a likely drop if the price fails to break the resistance.
Fundamental Analysis Context:
1. Market Sentiment:
Bitcoin might face selling pressure due to market uncertainty, profit-taking near the psychological $100,000 level, or macroeconomic events.
2. Upcoming Catalysts:
Watch for macroeconomic indicators like interest rate decisions, regulatory updates, or institutional buying, which could impact Bitcoin's momentum.
Positive news could lead to a breakout above resistance, while negative developments may push prices toward support levels.
NOTE: This Analysis For Educational Purpose Only
$SOLANA PRICE PREDICTION 2025 | HIT TARGET $330 see more chartBINANCE:SOLUSDT PRICE PREDICTION 2025 | HIT TARGET $330 see more chart
Solana Reclaims Monthly And Weekly Support Levels – Expert Sets $330 Target
• SOLUSDT
Solana (SOL) has made a remarkable recovery following Monday’s unexpected flash crash, surging by more than 28% in less than five days. This impressive rebound has sparked renewed optimism among investors, who are now eyeing the potential for a bullish continuation in the weeks ahead. The rapid price increase has positioned Solana as one of the top-performing assets in the crypto market, signaling a potential shift in momentum.
Renowned analyst Jelle recently shared a detailed technical analysis, highlighting that Solana has broken out of its prolonged downtrend. According to Jelle, SOL has successfully reclaimed crucial monthly and weekly support levels, indicating a significant move could be on the horizon. These levels, often considered key benchmarks for long-term stability, suggest that Solana’s recent gains may be more than just a temporary bounce.
If Solana can sustain this momentum, it may not only recover from recent losses but also pave the way for further gains, potentially outperforming other major altcoins. As technical indicators align with market enthusiasm, Solana could be gearing up for a breakout rally that captures the spotlight.
Solana Set To Enter Price Discovery Phase
Solana (SOL) emerged as one of the top market performers in 2024, posting an impressive surge of over 170%. This stellar performance cemented its position as a market leader and highlighted its resilience and growth potential within the crypto space. As 2025 unfolds, optimism surrounding Solana remains high, with many investors anticipating significant gains in the coming months.
The momentum appears to be building already, as Solana begins the year with a potential breakout. Renowned analyst Jelle recently shared insights on X, pointing out that SOL has successfully broken out of the downtrend that had restrained it since late November.
Solana breaking out of a downtrend | Source: Jelle on X
Moreover, Solana has reclaimed both monthly and weekly support levels—crucial milestones indicating that the asset has regained its bullish footing. According to Jelle, the price action for Solana is “super clean,” suggesting that the cryptocurrency is well-positioned for higher valuations.
Jelle’s initial target for SOL is set at $330, a level that would not only mark a significant recovery but could also push Solana into a price discovery phase. This phase typically sees heightened market interest and volatility as traders and investors recalibrate expectations for the asset’s long-term value. With technical indicators and market sentiment aligning, Solana appears poised to capitalize on its upward trajectory.
If Solana sustains this bullish momentum, it could continue to dominate headlines as a top-performing asset in 2025. As anticipation builds for further upside, traders and investors are closely monitoring key levels, knowing that the cryptocurrency’s next big move could redefine its role in the broader crypto ecosystem.
SOL Testing Crucial Supply Around $220
Solana (SOL) is currently trading at $218, approaching a critical level that could determine its next major move. The price is on the verge of setting a new local high above $222, a significant resistance point. Breaking through this level would signal a strong bullish continuation, setting the stage for massive price appreciation and the potential to reclaim its all-time high (ATH).
• SOL testing crucial supply
Analysts believe that if SOL clears the $222 mark and maintains its momentum, the next key level to watch is $250. Reclaiming and holding $250 as support would pave the way for Solana to enter uncharted territory, pushing its price into a new all-time high and potentially beginning a price discovery phase. This development would further solidify Solana’s position as a market leader and attract increased investor attention.
However, failing to surpass the $222 resistance or reclaim the $250 level could lead to a consolidation phase. Such a pause in price action might delay Solana’s rally but could also provide a foundation for renewed momentum in the future. With market participants closely monitoring these levels, Solana’s price movements in the coming days will be pivotal in determining whether the cryptocurrency embarks on its next major leg up or enters a temporary holding pattern
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions.
Solana (SOL/USDT) AnalysisSolana has shown a strong recovery from the support zone around $170, confirming buyers' interest in this region. The price is currently trading around $237, breaking above a key resistance area.
Key Levels:
Support Zone: $170 - $180
This area acted as a strong demand zone where buyers entered aggressively.
Resistance Zone: $250 - $260
The price is currently approaching this resistance. A successful breakout will confirm bullish continuation.
Bullish Scenario:
If the price breaks and closes above the $250 - $260 resistance zone, we could see Solana targeting higher levels, with the next major target around $300. The overall market structure remains bullish as long as the support at $170 holds.
Bearish Scenario:
Failure to break the $250 - $260 zone could lead to a pullback toward the $200 level or even the $170 support zone. Traders should watch for signs of rejection near resistance.
Conclusion:
Solana has a bullish outlook, with the potential for further upward movement if it clears the resistance. Keep an eye on volume and momentum indicators for confirmation. A breakout above $260 would likely attract more buyers.