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Dogecoin at Key Support: Trend Analysis & Next Moves for DOGE👀 👉 In this video, we dive deep into Dogecoin (DOGE) paired with USDT, examining its trend, market structure, price action, key support and resistance levels, and the impact of liquidity on the markets. At the moment, DOGE is trading near a critical support level. With the bearish break in market structure, we explore potential ways to engage if the downtrend persists. Everything is covered in detail here. Please note, this is not financial advice.
Short
by fxtraderanthony
1
EUR/USD Weekly: Double Top Signals Further Downside Potential The EUR/USD weekly chart shows a clear double top formation, with the neckline already broken, indicating a potential bearish continuation. Scenario 1: The price could retest the broken neckline, which now acts as resistance, before resuming its downward move. This scenario aligns with the prevailing bearish trend, targeting the key support zone at 0.99810. Scenario 2: If the price manages to break above the resistance after retesting the neckline, it may enter a consolidation phase within the larger descending channel. However, the overall trend remains bearish unless the price breaks out of the channel. The ultimate target for this downtrend lies in the 0.99810 region, where significant support could trigger a reaction. Traders should monitor the neckline retest and price behavior near resistance for further confirmation.
Short
by melikatrader94
4
BEARISH BIAS ON SILVERFrom the 4 hourly time frame a Bearish Flag has formed and a Rectangle Top has equally formed As such with a reversal candle formation at the Resistance line of the Rectangle, one can Initiate a short limit order at 30.810 and also add to the short position at 30.930 should price pull back with a Stop loss at 31.135.The first profit Target should be at 30.255 the Rectangle support line,one should then wait to see what price action does at the support line of the Rectangle,should price break and close below it Decisively on a 4 hourly closing basis a short limit order can be initiated at the base of the of the Rectangle support now turned Resistance and then add to the short position at the support base of the Bear flag now turned Resistance should price action pull back to it.A stop loss should be set at 30.5(the short position should be closed if price closes back into the Bear flag formation) Profit Target should be the measured rule of Rectangle formation at 29.520
FX_IDC:XAGUSDShort
by DMEO
3
SPY Will Collapse! SELL! My dear friends, Please, find my technical outlook for SPY below: The instrument tests an important psychological level 607.93 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 596.16 Recommended Stop Loss - 614.42 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
AMEX:SPYShort
by AnabelSignals
2
Ripple Analysis - What Shall we Expect !!! If this wedge breaks, the price will drop to $2.3. So, be careful. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Short
by CobraVanguard
1
Pre-FOMC Week - Bullish run on the EUR/USD & GBP/USD....Like last week's video analysis, I'm currently holding long positions on the EUR/USD and GBP/USD. I'm expecting strong movements in the coming week due to FOMC and Interest Rate Policy. The ETF SOXL, has been running well although Friday dumped pretty hard but long positions remain solid. I'll remain diligent in observing the price action this week and hopefully book a good 90% profit so far for the 1st Quarter of 2025. EUR/USD: •1.0265 •1.0416 •Target: 1.06000 GBP/USD: •1.2209 •Target: 1.2600 or 1.2700 ETF SOXL: •$29.01 •Target: $36 or $40 Good Luck. Trade Safe.
by InternalTraderNYC
4
Market at a Turning Point: Nifty50's Next Big MoveThe chart provided is a daily timeframe analysis of the Nifty50 index, showing key technical levels and possible trade scenarios based on price action. It presents an opportunity for traders to assess potential breakout or breakdown levels and make informed trading decisions. 1. Current Market Scenario (Price Action Analysis) The Nifty 50 index is currently trading at 23092. The index is moving within a descending triangle pattern, forming lower highs while maintaining support at key levels. Price is consolidating in a narrow range, indicating uncertainty and indecisiveness in the market. 2. Key Technical Zones Identified A. Resistance Zone (Red Area) The resistance zone is marked with a downward sloping trendline, highlighting consistent selling pressure. Nifty has faced multiple rejections around this trendline, indicating strong resistance levels. If the index breaks above this level with volume, it could signal the start of a bullish trend. Key Levels: Resistance at 23,600 - 24,000. A breakout above 24,000 could lead to a rally towards 25,200-25,600 levels. B. Support Zone (Green Area) The support zone represents a crucial price area where buying interest has historically emerged. This zone is critical for maintaining the current trend; breaking below could lead to a bearish continuation. If the index holds this level, it could provide a strong base for an upward move. Key Levels: Support at 22,800 - 23,000. A breakdown below 22,800 may trigger a decline towards 21,500-21,000 levels. C. Monthly Timeframe Support Zone (Thicker Green Line) A long-term support level derived from a higher timeframe (monthly chart). This level is significant, acting as a major inflection point for long-term investors. A breakdown below this zone may signal a shift in long-term sentiment. Key Levels: Strong support around 22,500. A sustained break could lead to deeper corrections. D. Consolidation Zone (Circled Area) Nifty is currently consolidating within a tight range inside the descending triangle. This phase usually precedes a strong directional move (either up or down). Traders should wait for confirmation before initiating new positions. 3. Potential Trading Strategies A. Bullish Scenario (Green Arrow - Upside Move) Trigger: A breakout above the resistance zone with strong volume and confirmation. Entry: Buy when the price breaks 23,600-24,000, confirming with bullish candlesticks. Targets: First target: 24,800 Second target: 25,600 Long-term target: 26,400 Stop Loss: Below the breakout level around 23,400, ensuring risk management. B. Bearish Scenario (Red Arrow - Downside Move) Trigger: A breakdown below the support zone with strong selling pressure. Entry: Short when the price falls below 22,800, confirming with bearish candlesticks. Targets: First target: 22,000 Second target: 21,500 Long-term target: 20,400 Stop Loss: Above the support zone around 23,200, to minimize risk. 4. Risk Management Considerations Risk-Reward Ratio: Maintain at least a 1:2 ratio, ensuring the reward outweighs the risk. Trailing Stop Loss: As the price moves favorably, adjust the stop loss to secure partial profits. Market Sentiment: Keep an eye on global markets and news events that may impact Nifty’s movement. 5. Final Outlook and Recommendation For Bulls (Buyers): Wait for a breakout confirmation above resistance before entering long positions. Focus on targets around 24,800 and higher. For Bears (Sellers): Watch for a decisive breakdown below support to enter short trades. Targets could extend down to 21,500 levels. For Neutral Traders: Wait for clear confirmation before taking directional trades to avoid false breakouts.
NSE:NIFTY
by TradZoo
NZDJPY - 2025 Plan. Make It Your Best Year Yet!Here we have the 2 Day chart for NZDJPY. We've seen a massive impulse mid 2024. We are now in an ABC correction. We are currently in wave B of the correction, subwave B. Expecting subwave C to complete wave B. We're looking for a rejection of the fib zone and a drop of over 700pips. Trade idea: - Watch for rejection of fib zone - Once rejection appears, enter with stops above the highs - Targets: 86 (350pips), 83 (700pips) Once we've completed this move down, we'll be looking for longs. We'll update this setup if there's enough engagement. Goodluck and as always, trade safe!
by WicktatorFX
Could Cardano Bulls Push Past Pennant To $2 Resistance?!Cardano made an impressive 315% gain from the Low on Nov. 4th/5th @ .32 to the High on Dec. 3rd @ $1.32 following the Pro-Crypto Republican won Presidential Debate with not only BINANCE:ADAUSD seeing this kind of Rally but across the entire Crypto Market! Since that High, Price on Cardano has slipped into a Consolidation of what seems to be a Pennant Pattern with Lower Highs working into Higher Lows. Both Legs of this Triangle still need a 3rd Touch to Validate the Integrity and Existence of both Trend-lines. I would like to see Price make a 3rd Touch of the Rising Support around the ( .95 - .93 ) Range before moving back up to test the Falling Resistance. If Bulls are able to gain enough Support from the Rising Support, it could be enough to give them momentum to make a Bullish Break to the Falling Resistance and based from the Pattern Statistics: - Generate an Extension of the same size of Trend move that came prior to the formation of the Pattern called the "Flagpole" putting the Potential Extension of Price into the $2 Resistance Zone! **Caution: Triangle Patterns are known to fail 1/3 of the time so a Bearish Breakdown of this pattern is still possible. Watch for False Breaks/Breakouts!
COINBASE:ADAUSDLong
by Novi_Fibonacci
1
XAUUSD is still on Correction Through my weeklyEpisode and multi time frame analysis , you will get deep insights . Xauusd rejected from ATH 2788 (2790) ,however its weekly closing at 2770 without retesting its previous low which should be the 2750-55 support. market in on rising channel since last month, What possible scenario do we have? What im seeing that Market closes on mini support of 2770 ,it has to restest the previous support 2660,although its actually previous low should be 2750 to complete the Price-action. if 2760-63 support area sustained ,our eyeswill be again at 2790.on the otherhand ,2750 where all the hurdles will starts . On the other hand, if 2750 breaks will do completely on bearish sides.
FOREXCOM:XAUUSDShort
by Forexmaestro121
1
Doge will pull back(bulls waiting on the sidelines)So this is my theory, I am a huge believer that doge, eth, ada, and various other cryptos with a large market cap follow bitcoin What this means: bitcoin at the top of a trading range, meaning it will pull back down soon doge will get dragged down with bitcoin, the only difference is that doge is already on a bear trend and I’m already waiting on a second leg The strategy is marked up on the chart, I’m a bull and I’m just waiting to load the boat at .20-.25 cents — I believe this is where doge will consolidate before Elon and Donald trump start hyping it up.
COINBASE:DOGEUSD
by issajetskii
1
Is the BANUSDT Market on the Verge of a Breakout or a Breakdown?The cryptocurrency market thrives on unpredictability, and BANUSDT is currently testing traders' resolve. After retreating -91% from its historic high of $0.421 (November 2024), the token hovers near its all-time low at $0.03678. Such levels are often a breeding ground for high volatility and significant price movements. Will the market roar back, or will it sink further into the abyss? Presently trading at $0.03777, BANUSDT appears oversold with a daily RSI14 of 28.99, hinting at potential upward momentum. However, its moving averages, notably the MA50 at $0.05556 and MA200 at $0.06184, cast shadows of resistance over immediate bullish aspirations. Additionally, recent VSA Buy Patterns suggest buying pressure, but the path upward remains fraught with resistance levels near $0.07753. The critical question: Is this the time to buy the dip, or are we teetering on the brink of a deeper fall? Investors and traders, are you prepared for what’s next? Today marks a pivotal moment in BANUSDT’s journey—are you watching closely? BANUSDT Roadmap: Patterns in Action Navigating the rollercoaster of BANUSDT requires dissecting its pattern history. Here’s a clear roadmap of recent key events, filtering out the noise to highlight only the patterns that hit their mark. Ready to see how this market moves? January 25, 2025 – VSA Buy Pattern Extra 2nd This pattern signaled a bullish sentiment with its main direction as "Buy." The price opened at $0.05252, reaching a high of $0.05253, but eventually closed lower at $0.04747. The pattern hinted at a bullish breakout. Confirmation: The next pattern aligned with this sentiment. The price attempted to rally further before settling lower, confirming the bullish drive was correct but short-lived. January 25, 2025 – Buy Volumes Take Over Despite its "Sell" direction, the market momentum showed limited downside. Opening at $0.06483, it quickly slid to $0.05598. This mismatch between prediction and actual price movement suggests either a false signal or strong counterforces. Skipped: As the Sell failed to gain traction, this pattern is excluded for clarity. January 26, 2025 – VSA Buy Pattern Extra 1st Backed by bullish sentiment, this pattern triggered fresh optimism. Opening at $0.03752 and closing near the same level at $0.0374, it maintained a narrow range but supported further upward moves. Confirmation: The next pattern reaffirmed this sentiment, demonstrating a steady rise as BANUSDT tested higher levels. Key Takeaways Successful patterns are those where the main direction aligned with subsequent price actions. Neutral or false signals are filtered out to ensure actionable insights for traders. January patterns show BANUSDT attempting to form a bullish base, but caution remains essential due to intermittent weak signals. Looking Ahead Investors should track these active support zones and stay alert for patterns aligning with broader momentum shifts. BANUSDT may yet surprise with its next move—are you ready to ride the wave? Technical & Price Action Analysis: Key Levels to Watch In trading, it’s all about the levels. Here’s your cheat sheet for BANUSDT's most critical zones. Whether you're scalping or holding, these levels are your lifeline to navigating price action like a pro. Support Levels 0.03678 – This is the current all-time low, a psychological barrier where buyers previously stepped in. If this fails, expect it to flip into resistance. 0.05556 (MA50) – A dynamic support often acting as a magnet for price action. Break below, and it could create bearish momentum. Resistance Levels 0.07753 – A key line in the sand. Sellers dominated here before; bulls need to claim this to change the narrative. 0.06184 (MA200) – A formidable level tied to institutional trading zones. Watch for fakeouts around this level. Powerful Support Levels 0.0921 – The "big boss" support level. If price manages to push higher, this level becomes a safety net on the way down. However, if breached, this will likely become a ceiling for future price recovery. Powerful Resistance Levels None active currently – If bulls can reclaim some ground, look for future resistance formations tied to higher price action zones. Note for Traders When levels fail to hold, they don’t disappear—they flip roles. Support becomes resistance, resistance becomes a brick wall. Play it smart: wait for confirmations before entering, and don’t get trapped in fakeouts. These levels are where price action loves to fake moves to lure traders in. Watch these zones like a hawk and let the price action guide your next moves. It's all about staying sharp and adapting to what the chart is telling you! Trading Strategies Based on Fibonacci Rays The proprietary concept of Fibonacci Rays gives traders an edge in navigating dynamic market movements. Using these geometrically precise tools, we identify scenarios that balance flexibility and focus. Here's how we can apply this method to BANUSDT. Concept of Rays The Fibonacci Rays are designed from the origin of a movement, based on mathematical and geometric principles. They outline dynamic channels, predicting likely zones for price interaction. Here's the core idea: When price touches a ray, two outcomes are probable: a reversal or a continuation. Dynamic factors, such as Moving Averages (MA50, MA200), enhance the predictive accuracy of these rays. Instead of aiming for precise levels, we analyze the probabilities of price movements within defined ranges. Dynamic Factors: Moving Averages & Rays MA50 (current: $0.05556) and MA200 (current: $0.06184) act as additional dynamic support and resistance zones. Interaction with these averages often confirms ray predictions. Using VSA rays, price tends to move from one ray to the next, forming clear trading targets. Scenarios Optimistic Scenario Price interacts with the ascending ray near $0.03678 (current support). A bounce signals a potential move toward the first ray at $0.05556, confirmed by MA50. If momentum sustains, the next target aligns with the ray at $0.06184 (MA200). Pessimistic Scenario Price breaks below the $0.03678 ray, testing the next descending ray at $0.030 (hypothetical). In this case, MA50 flips to resistance, and bears gain control. If MA200 is breached, expect further declines, with price navigating between descending rays. Suggested Trades Trade 1: Long from $0.03678 with targets at $0.05556 (MA50) and $0.06184 (MA200). Use confirmation from ray interaction before entering. Trade 2: Short if price breaks $0.03678, targeting the descending ray at $0.030. Watch for bearish confirmation with MA50 acting as resistance. Trade 3: Long breakout above $0.06184, targeting higher ascending rays. This trade aligns with a potential trend shift and broader bullish momentum. Key Takeaway The Fibonacci Rays allow traders to spot high-probability opportunities by combining dynamic ray interaction with Moving Averages. These tools offer clarity in uncertain markets, ensuring trades are aligned with structural momentum. Whether you're an optimist or a realist, there's a setup for every type of trader! Let’s Connect and Trade Smarter Together Trading isn’t just about levels; it’s about collaboration and constant learning. If you have questions, ideas, or just want to discuss this analysis, drop your thoughts right here in the comments. I’d love to hear from you and dive deeper into any topics you find valuable. If you found this idea useful, don’t forget to hit Boost and save it. That way, you can revisit it later and track how the price moves along my markings—it’s the perfect way to refine your trading skills and spot opportunities. By the way, all the rays and levels you see here? My custom indicator does the heavy lifting, drawing them automatically based on Fibonacci principles. It’s a private tool, but if you’re interested, feel free to reach out via direct messages—we’ll discuss how to make it work for you. Need a custom analysis for your favorite asset? I’ve got you covered. Whether it’s a free idea shared with the community or a private, tailored breakdown for your strategy, we can work something out. Just leave a comment with the asset you want me to analyze, and I’ll do my best to help! Rays work universally across all assets—crypto, stocks, commodities, you name it. If you’d like a personal markup for a specific chart, let me know. And remember, the more engagement this post gets, the more ideas I can share here for everyone. Lastly, make sure to follow me here on TradingView to stay updated on all my future insights and strategies. Let’s build a community of smarter, sharper traders together! 🚀
Short
by brandlabelden
2