BTCUSD ANALYSIS POSSIBLE MOVEMENT (READ CAPTION)Hello traders here's my first BTCUSD idea, what you think on it? share your thoughts on it in comment section
In my personal analysis BTCUSD can fall till 100K,There's resistance level 106,800 if break it then possible to upward move till 109,000,
Key Points
Current Price 105,300
Resistance Level 106,800
Support Level 100,500
Target Area 100,500
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Chart Patterns
[INTRADAY] #BANKNIFTY PE & CE Levels(27/01/2025)Today will be gap down opening expected in index. Possible banknifty will open near 48000 level in today's session. After opening if it starts trading below 47950 level then further sharp downside rally expected of 400-500+ points. Any bullish side movement only expected if banknifty starts trading and sustain above 48550 level.
Solana (Sol) Analysis update
SOL has recently bounced off a major support level on the 4-hour timeframe, with the RSI confirming oversold conditions. Additionally, increased network activity and a surge in DeFi adoption on the Solana blockchain indicate growing demand. These factors point toward a potential bullish movement for SOL in the coming sessions.
📉 Expectations:
We anticipate SOL to re-test key resistance levels as highlighted in the attached chart. A breakout above these levels could lead to a stronger rally.
📊 Trading Strategy:
This setup combines technical analysis and fundamental metrics, making it suitable for medium to long-term trades. Always maintain adequate margin and implement proper risk management to handle market volatility effectively.
🚦 Trading Rules:
1️⃣ Rule 1: Enter the trade only if the price surpasses our entry-level (GREEN LINE ON THE CHART).
2️⃣ Rule 2: Upon reaching Target 1, consider closing part of your position or moving your STOP LOSS to the ENTRY price to lock in profits.
3️⃣ Rule 3: Refrain from opening new trades based on the same signal once Target 1 is achieved.
4️⃣ Rule 4: If SOL consolidates near resistance for more than 2 days, close the trade and wait for the next favorable setup.
💡 Disclaimer:
This is not financial advice—just an educational post sharing my thoughts and ideas. Always do your own research and consult a financial advisor before making any investment decisions.
Feel free to reach out with any questions or feedback. Happy trading! 🚀✨
Bearish adventure startsMorning folks,
So, here we go... downside action starts as we've discussed last time. On weekly chart we still wait for confirmation in a way of price close below 3x3 DMA.
While on a daily one price hits oversold level. Those who know about this - we have DiNapoli bullish "Stretch" pattern for now, suggesting the pullback. That's why we do not consider immediate short entry.
Our 4H Diamond has worked just perfect. So everything goes absolutely fine.
For now we consider no longs on daily/weekly basis and waiting for the bounce, supposedly to ~102.20K area. Scalp traders on 1H TF and below could consider scalp long position with the same target.
I mark this setup as bullish because of this pullback. But, in general we keep bearish view...
Bearish reversal for the Cable?The price is reacting off the pivot which acts as an overlap resistance and could drop to the 1st support which is a pullback support.
Pivot: 1.2493
1st Support: 1.2241
1st Resistance: 1.2690
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
DOGE: Can support hold?After breaking out of $0.18 area, Doge has made a nice 5 waves move. Now it is time to see if it was just another C wave to extend its dreaded multiyear correction, or if it is, in fact, the bull run that the bag holders have been waiting for years. I will not want to see Doge breaking below the $0.23 support area of March 2024 high. I would be perfect if Doge can bounce from 0.618 fib support area of $0.24. The next week or 2 will be crucial to see how price action evolves. Price will have to break below $0.12 to be really bearish. Until then, would like to see BTC and other top names put in the lows and start making new highs.
XAUUSD WANT SELL ZONE AT 2767
Here’s a detailed post for your traders on XAU/USD:
📊 XAU/USD Analysis & Forecast
Gold (XAU/USD) has faced rejection at its higher-high resistance zone near 2767-2770, indicating a potential shift toward bearish momentum. The price is now trading in a strong sell zone, with technical indicators pointing to a continuation of the downward trend.
Key Levels to Watch:
Resistance Zone: 2773-2770
Support Zone: 2755
🎯 Technical Target:
First Target: 2730
📉 Strategy Insight:
Sell Opportunities: Look for selling entries near 2767/2770, with stops above 2773.
Confirmation: Watch for bearish rejection candles or price action signals near the resistance zone before entering short positions.
Break below 2755 could accelerate selling pressure toward the technical target of 2730.
🔑 Key Note:
Gold's rejection from its higher-high resistance zone signifies potential weakness in the bullish trend. Traders should monitor market sentiment, dollar strength, and other macroeconomic factors that may influence XAU/USD.
Stellar Coin (XLM): Possible Breakdown From Bullish ChannelStellar Coins seems like it might break the bullish channel during the weekends.
We see the selling pressure that is happening currently so we are waiting for further confirmations where sellers need to take full control over 200EMA, which then would result in a move to that yellowish zone.
Now if we see any signs of buying volume near the current zone and we form a BoS on smaller timeframes near $0.4475, then we will most probably continue the movement in the bullish channel, but for now this is just a future possible scenario; markets are still too weak for now!
Swallow Team
AUD/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
AUD/JPY is trending up which is evident from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a beautiful trend following opportunity for a long trade from the support line below towards the supply level of 98.447.
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XAUUASD H1 OUTLOOK XAUUSD H1 NEW OUTLOOK
according to H1 analysis market reverse from RESISTANCE
XAUUSD market is continuously in selling pressure and now MARKET almost at SUPPORT ZONE
we have wait for good oppourtanity to go for LONG from SUPPORT ZONE SO be careful DONT BE GREEDY TRADE AT YOUR OWN RISK
REGARD ALBERT
BTCUSDT ( BITCOIN ) 4H TF CHART MAPPINGHello Guy's Welcome To Another Day Of TRADING
Here we are mapping chart of BTCUSDT ( BITCOIN ) in 4-Hour TF
What this means: The price is preparing for a big move, either up or down.
If it BTCUSDT take support and reverse from 100500 : The price might increase a lot.
SUPPORT LEVEL 100,500
2ND SUPPORT. 980,200
TARGET IS 106,500 - 108,000
Bearish drop off pullback resistance?The Aussie (AUD/USD) is reacting off the pivot and could drop to the 1st support which has been identified as a pullback support.
Pivot: 0.6301
1st Support: 0.6183
1st Resistance: 0.6397
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Ethereum (ETH): Sellers Have Not Finished / Long Term BullishEthereum is still seeing some pressure from sellers, which gives us an idea that they are not finished yet!
Pressure on the local support zone is big and there is almost no volume at all from buyers, which means most likely we will break.
We are waiting for a proper breakdown and then we should see some buying volume to build up eventually!
Swallow Team
OMUSDT: Potential Long Setup Following Elliott Wave ABC PatternHi everyone,
I'm looking at a potential long opportunity on BINANCE:OMUSDT , which appears to be repeating an Elliott Wave ABC pattern. As seen in mid-November 2024, the price completed a similar pattern: a strong initial rally (Wave A), a pullback to the 0.618 Fibonacci retracement (Wave B), and a final surge (Wave C) to the 2.00 and 3.00 extensions.
Currently, OMUSDT seems to be in the Wave B correction phase, potentially offering a good entry point. If the pattern holds, we could see a move towards the 2.00 Fibonacci extension (around $5.600) and potentially to the 3.00 level, exceeding the previous high near $5.100. I've taken a long position with a stop-loss set around $4.00.
Notably, a similar setup on SKLUSDT a few hours ago is currently showing a 15-20% profit, adding some confidence to this analysis. Good luck with your trades!
Disclaimer: This is not financial advice. Trading involves risk. Do your own research.
BTCUSD NICE LOOKING FOR SHORTHey there on 4HTF BTCUSD looking in a mid range now
We can see directly possible with near 106000$ will go down again there support area of 102000$
And also we can see next resistance support area 107000$ selling area
So now in this week we might seems on this time frame will go work properly
Resistance support. 107000$.109000$.108000$
Supply support. 106990$.106000$.107500$
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