ARB Long Setup Setting / Targets and PlansBINANCE:ARBUSDT
COINBASE:ARBUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 1x-2x Leverage
SL2 ---> Mid-risk status: 3x-4x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.6409
0.6505
0.6605
0.6726
🔴SL:
0.5917
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Longsetup
ETH ANALYSIS (update)🔮 #ETH Analysis - Update 🚀🚀
💲 As we said earlier #ETH performed the same. More than 20% done move done in #ETH. And there is an instant resistance zone. We would see a little retest first then a pump
💸Current Price -- $3260
📈Target Price -- $3900
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ETH #Cryptocurrency #Breakout #DYOR
Will Gold Hold Support or Break Lower?
OANDA:XAUUSD 30-Min Chart Analysis
Potential Scenarios
Bullish Scenario:
• Volume Bullish Divergence: Indicating a potential reversal if buying pressure continues.
• Strong Support: Price is near a key support level, which may hold and prompt an upward move.
• Falling Broadening Wedge: A potential bullish reversal pattern. If confirmed, this could lead to a breakout.
Bearish Scenario:
• If price breaks below the current channel, the next target could be 2656, with a possible further decline toward 2617 if selling pressure persists.
Key Levels to Watch:
• 2695
• 2700
• 2702
• 2710
As always, follow your risk management plan. Good luck, and happy trading!
USD/JPY: Should We Continue to "Buy" Following the Trend?Today, USD/JPY continued its remarkable rally, reaching 153.63 with a 0.67% increase on the day. This is an important step as the USD regains strength, while the JPY weakens due to political instability in Japan.
Notably, the bullish trend remains intact with two stable EMAs below the candlestick chart, reinforcing the bullish momentum of this currency pair. Personally, Ben, recommends continuing to prioritize the "buy" strategy following the current trend.
What do you think about the future of USD/JPY? Will the price continue to rise or is there a possibility of a bearish reversal? Share your thoughts and trading strategies!
BTCUSDT Explodes After Trump's Victory – Target 100,000 USDT?Dear traders! 🐂
So Trump has won by a landslide, and BTCUSDT has quickly surged to around 75,000 USDT!
Moreover, with the extremely potential "cup and handle" pattern and the signal from the EMA 34/89 reinforcing the buyers, the uptrend is still very strong.
Therefore, if BTC maintains above the support zone, the next explosion could push the price up to 100,000 USDT!
What do you think about this common view?
Bitcoin touches $ 76,000 - next?Bitcoin (BTC) continues to capture investors’ attention as it maintains a stable upward trend. Currently trading around $76,226, BTC has seen a 1.96% increase in recent sessions. This growth is supported by positive technical indicators and a favorable market environment, leading many investors to believe Bitcoin could reach the $80,000 mark in the near term. But what are the key factors influencing BTC’s price, and what strategies are suitable in this current market context?
News Impacting BTC's Price
Growth in the U.S. Stock Market: Following Donald Trump’s recent election victory, the U.S. stock market has surged, fostering a positive investor sentiment. This optimistic outlook has spilled over into the crypto market, with Bitcoin benefiting from an influx of enthusiastic investments.
Increased Institutional Interest: Large financial institutions are continuously pouring capital into Bitcoin, viewing it as a hedge against inflation and a diversification asset. These organizations see Bitcoin as part of their defensive strategy against inflation, reinforcing the cryptocurrency’s upward momentum.
BTCUSD’s New Prospects
BTCUSD's technical chart indicates promising growth potential, especially if the price sustains above key Fibonacci support levels. Investors should closely monitor the Support 1 zone and the $77,003 resistance level to seize opportunities when the trend is confirmed. If BTCUSD breaks through this resistance, it could continue its rally toward the $82,078 area, offering an attractive profit opportunity.
Overcoming resistance, Bitcoin faces the risk of discountBitcoin (BTC) has adjusted after a recent strong increase, currently trading around US $ 76,300, down 0.27% in the day.
On the 4 -hour chart, although the increasing trend is still supported and parallel price channels have been broken, there are signs that show a potential peak about 77,000. The current support level is about 74,727 USD. If this level is surpassed, it can cause BTC to decrease deeper, capable of reaching $ 72,646.
Bitcoin Cash Long Setup Setting / Two sides of the MarketBINANCE:BCHUSDT
COINBASE:BCHUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
379
385.4
391.9
399.3
🔴SL:
358.8
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Gold: Will the Falling Wedge Breakout Ignite a +16% Rally?Hey Realistic Traders, let’s dive into the analysis of NASDAQ:GOOGL
In the daily timeframe, Google has broken above the upper trendline of the falling wedge pattern. The price has consistently remained above this trendline for the past three trading days, with rising price movement accompanied by bullish divergence.
Bullish divergence on the MACD indicates that while the price makes lower lows, the MACD line forms higher lows. This divergence suggests a weakening of bearish momentum and the potential for a price reversal to the upside.
Given these technical factors, we forecast a potential upside movement toward the designated target of 181.36 . After reaching this level, a pullback to the green zone around $160 may occur before the price advances to the second target at 191.52.
This technical outlook remains valid as long as the price stays above the support area at 148.77.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Google.
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
$BABA Long Ahead Of EarningsNYSE:BABA will have earnings soon and I think it will execute a breakout towards the indicated targets.
I would consider purchasing the 110 Calls with an expiration date of 2025-2-21, for a premium of approximately $3.30. Good time to buy call options!
(Credit for contract idea @TopgOptions)
Chart Idea - TOTAL3 to the moon !TOTAL3 finally broke out the bull flag. Raging ALT season is here. I am super bullish on ALTs atleast until Jan 2025. This is one of the best chart out there. I do not need to explain here as everyone who knows about the ABC of trading would know what a bull flag break out is and what the TP would be.
Let's go to the moooooonnnn !!!!
NOT A FINANCIAL ADVICE! DYOR
SCR possible long SCR is quite volatile for me, so I recommend ist either without leverage or a maximum of 2-3.
If we don't hold the current support, then 2 green zones are marked on the chart, for long I recommend the lower zone (but the chance of getting there is 50/50).
I recommend setting SL according to your risk management.
GL!
EURUSD has a strong selling pressure - clear signs of discountThe EUR/USD pair dropped to nearly 1,0780 in the context of the demand for US dollars increased again on Friday during Asian trading hours. In addition, the proposal to increase tax by Donald Trump put pressure on Euro compared to the US dollar.
Ben personally predicts that, without unexpected breakthroughs, EURUSD will likely turn to an important support area of 1,0720 - 1,0740. In addition, technical indicators are not very satisfactory when the EMA 34 and EMA 89 are creating additional resistance right above the current price, increasing the pressure to decrease for Eurusd. With this situation, the market is more likely to have an EURUSD will have a deeper decline.
Sound Hound Ai is about to turn the volume up! 98% Move InboundNASDAQ:SOUN
🔊 NASDAQ:SOUN Update 🔊
We are 6/6 on earnings plays, and now we’ve got the #HIGHFIVESETUP on Sound Hound Ai! 🧠
Called this out a week or two ago, and if you stayed patient and ignored the noise, you had the chance to build your position during the retest of the symmetrical triangle breakout. Now, we’re geared up for a higher move heading into earnings next week.
Here’s what’s happening:
Pullback to the volume shelf and 9/21 EMA: We’re bouncing off, maintaining a higher low from the breakout point—bullish channel intact! 📈
HAMMER candle forming: This reversal candlestick signals a big move higher is on the horizon. 🔨💥
The jacuzzi is reaching that perfect temperature—are you hopping in or missing out? 🚀🌊
Check out the full video and original @TradingView editors' pick linked to this post.
LIKE IT! ♥️ SHARE IT! 🔁 BOOKMARK IT! 📘
NFA
USD/ JPY ! 11/8 ! oversold , support , BUY nowUSDJPY trend forecast November 8, 2024
The Japanese Yen (JPY) struggles to gain traction on Friday, fluctuating with minor gains and losses against the US Dollar (USD) as the European session nears. Support for the JPY comes from recent comments by Japanese authorities, though concerns about the Bank of Japan's (BoJ) capacity for further rate hikes limit its upward momentum.
Meanwhile, optimism around Trump’s growth and inflation policies largely overshadows the Fed’s dovish outlook, boosting US Treasury yields, which in turn weighs on the lower-yielding JPY. Additionally, renewed USD buying helps restrict any significant downside for the USD/JPY pair.
Trump as president with more strict foreign policies, mainly helps the dollar stronger. This will help USD/xxx currency pairs to increase in value.
/// BUY USD/JPY : zone 152.300 - 152.100
SL: 151.700
TP: 40 - 100 - 200 pips (154.100)
Safe and profitable trading
USDJPY rises sharply, supported by rising channel !USDJPY is showing significant upside momentum today, trading firmly within a well-defined bullish channel on the 4-hour chart and currently trading at 153.89. This bullish move reflects a stronger USD influence, fueled by recent events surrounding former President Donald Trump.
Despite the steady push from technical factors, USDJPY may face resistance near 154.00. This area may act as a short-term hurdle, as the pair’s upside momentum may slow down once it reaches this level. A minor pullback within the channel is expected, which would help confirm the ongoing trend. This pullback could take USDJPY down to the support zone around 153.000, testing both the 34 and 89 EMAs for further strength.
If the pullback is successful, USDJPY is expected to continue its upward trajectory, heading towards the upper boundary of the channel. The next important resistance zone lies above 156,000, which aligns with the top of the channel, representing a crucial level to watch for further gains.
"BTCUSDT Aiming for 82,000 USDT ResistanceCurrently, BTCUSDT is trading within a very solid long-term price channel. With the current price fluctuating around 75,672 USDT and showing minimal change compared to yesterday, the bullish momentum remains strong.
It is anticipated that BTCUSDT could soon progress toward the potential resistance level of around 82,000 USDT at the upper boundary of the price channel.
Ethusdt broke the channel, towards the new peak?Currently, Ethusdt is having a spectacular breaking out of a long decrease channel, signaling the potential to reverse the trend of increasing. After Breakout from the upper border of the channel, the price of ETH has increased sharply and is currently fluctuating around 2,908 USDT.
With the current motivation, Ethusdt can target higher levels around US $ 3,100 in the short term. This is a potential goal if ETH continues to maintain a strong increase.