TradeCityPro | CELOUSDT Suitable Trading Opportunity👋 Welcome to the TradeCityPro channel!
Let’s analyze CELOUSDT, a cryptocurrency that appears to present opportunities in both spot and futures markets this week.
🌍 Market Overview
Before diving into CELO, let’s take a look at Bitcoin during the London session. BTC continues to print red candles, with its dominance (BTC.D) ranging.
This scenario leads to a balanced market correction, where individual coins behave independently based on their BTC pair performance.
📊 Weekly Timeframe
CELO has been ranging within a weekly box for approximately 830 days, with no significant breakout.
While buying at the box's bottom might have yielded 100% gains, holding positions for extended periods in a risky market like crypto can lead to "capital dormancy," causing stress. Hence, trigger-based trading is preferred.
This time, CELO has printed a higher low within the box, hinting at a potential breakout.
Breakout above 0.8412 with a stop loss at 0.4083 for a mid-term buy.
If missed, another entry above 1.2530 with confirmation from RSI moving into overbuy territory (76.06) ensures a more secure position.
📈 Daily Timeframe
CELO is currently testing the box resistance but shows stronger buyer momentum this time.
Last rejection from 0.8683 led to a correction down to 0.5318, but buyers established a higher low compared to 0.3998, indicating a shift in momentum.
Daily RSI needs to break 74.22 to confirm a sharp move upward , Upon confirmation, price could rally to 1.0503.
⏱ 4-Hour Timeframe
CELO has formed a parabolic movement, with consistent support at the curve line during pullbacks.
Despite some weakening momentum, as long as the price holds above the curve, there’s potential for further upside.
📈 Long Position Trigger:
Breakout above 0.8683 to initiate a long position.
As long as the price remains above 0.7352, higher lows per Dow Theory suggest strength.
💡 BTC Pair Insight
CELOBTC is bearish but shows signs of weakening bearish momentum, which might lead to a trend reversal or a new bullish phase.
Coins with similar BTC pair setups last week either didn’t move or experienced significant pumps after their triggers.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Parabolicmove
I think is time to start talking about PARABOLASOnce BTC goes above previous ATH is a good time to start analyzing parabolas. If you look closely once it breaks previous ATH the movent continues ascending in a parabolic move and then braking the pattern to culminate in a lateral correction or bear markets. Lets see this time
DOGE Ready for next expansion stage. Happy Monday traders!
Today we are taking a look at the All Time History of DOGE coin. Before we look at eh price action of DOGE lets take a trip down memory lane and give you some history of this coin.
Doge: Much Coin, Very History
Doge, in internet meme culture, refers to a photo of a Shiba Inu dog with multicolored Comic Sans text captions representing the dog's thoughts. This meme became wildly popular in the early 2010s, inspiring. Yet, most have never looked up the true meaning of the word DOGE.
Dogecoin (DOGE), launched in December 2013 by software engineers Billy Markus and Jackson Palmer. It was created as a lighthearted parody of the seriousness surrounding Bitcoin and other cryptocurrencies at the time. They built Dogecoin using Litecoin's open-source code, which itself stemmed from Bitcoin.
Dogecoin quickly gained a loyal following, especially on sites like Reddit, where it became a popular tipping currency for content creators. Despite its comedic origins, DOGE achieved surprising success. Here are some milestones:
Instant popularity: Over a million visitors flocked to Dogecoin.com within the first month.
Community focus: Dogecoin fosters a fun and inclusive online community, a stark contrast to some other cryptocurrencies.
Elon Musk effect: Celebrity endorsements, particularly from Elon Musk, have caused the price of DOGE to fluctuate dramatically.
Highs and lows: In 2021, DOGE reached a peak market capitalization of over $85 billion, but its value remains volatile.
DOGE Definition: The chief magistrate in the former Italian republics of Venice and Genoa, known as the Doge (pronounced DOZH), held a complex and multifaceted role. Fun fact, Coins minted by the republic often featured the Doge's image or an abbreviation of their name. This served as a symbolic stamp of approval and helped ensure public trust in the currency.
Today, Dogecoin remains a prominent cryptocurrency, though its price is significantly lower than its 2021 highs it may be repeating its historical gains very soon. Whether it's intention was to be a serious contender in the future or a lasting internet joke, DOGE's place in crypto history is secure.
What do the charts say
Looking at the all time history of this coin we can see that the price action has created two previous run ups producing over 21,000% gains between 2015 and 2017 and again reaching for the sky and touching over 50,000% gains during the 2020/2021 crypto bull market.
Each cycle DOGE has nearly mimicked its prior cycles bear market, accumulation period and eventually, a mind melting bull run. As you can see on the chart we have completed the bear market and are currently breaking out of accumulation.
My personal Targets for DOGE are $4.20, $10.10 and $12.00. If Doge did just half of the gains it did last run it would reach a total of over $12. With rumors shooting around the internet that Elon may add DOGE as the local currency for the X platform and this being a real possibility, I think it is counterproductive to think these type of gains are not in the cards.
Much profits,
Savvy
3 Touches and your done #BITCOIN is on Parabola watch.#Crypto creates many parabolic moves
as they are reflexive assets fuelled by Fear and Greed.
I am currently on alert that we may have a parabolic rise on our hands.
And we could #BTC double to reach very close to that $100K level
BEFORE summertime.
Our #Alts could go beserk
but we must have some sort of selling plan in place.
You need to come up with your own plan!
📈DYDX: Is it finally breaking out?🔥🔔🔍DYDX is finally breaking out of its consolidation range after 672 days. The price is currently trading above the supply zone and is supported by a well-defined curve. This could be the start of a parabolic move.
✅The fixed range volume profile indicator shows that we have broken out of the high-volume zone and are ready to start moving. The SMA25 indicator is also confirming the move and is moving along with the price.
🛒The current candle is a good opportunity to buy spot. We can enter after the candle closes. The stop-loss should be placed at $2.5, which is the previous low and the POC of the fixed range volume profile.
🚀For targets, I am looking at $7.8 and then $23.7 (ATH). However, I will not place sell orders now. I will wait and see how the price reacts to these levels.
📊One positive thing about this coin is that the volume has increased significantly during the recent move. This shows that traders are paying more attention to this coin.
💥The RSI oscillator is also entering the overbought zone. This increases the chances of a parabolic move. However, with the high buying volume, we can expect this move to be upwards.
🧠💼This is not financial advice, and it is only my personal opinion on this cryptocurrency. Please do your own research before making any investment decisions.
MOONBEAM (GLMR) long idea based on obv In the vast world of crypto, Moonebam Network shines,
With GLMRUSDT, a trade idea intertwines.
On balance volume, it diverges with might,
Since November 22 of 2022, a hopeful sight.
Through highs and lows, we've journeyed far,
Witnessing an all-time low on May 10th, like a shooting star.
But amidst the darkness, a divergence emerges,
A glimmer of hope, as optimism surges.
With on balance volume diverging hard,
An upward movement may catch us off guard.
A parabolic rise, like a rocket in the sky,
Moonebam Network ascending, reaching new highs.
So let's hold onto hope, and trust the signs,
As GLMRUSDT paves the way, where opportunity aligns.
From the depths of doubt, we anticipate,
A journey of success, as we elevate.
In this hopeful tale, we set our sights high,
Moonebam Network soaring, reaching for the sky.
With divergence as our guide, we'll ride the trend,
A story of triumph, where dreams transcend.
In the world of trading, risks come into play,
But manage them wisely, in your own unique way.
It goes without saying, it's NFA,
To preserve your capital, make it sway.
Set your stop-loss, keep your goals in sight,
Trade with caution, both day and night.
Take charge of your risks, let them not prevail,
In this volatile market, where fortunes unveil.
Research and analyze, before you dive,
Make informed decisions, so you can thrive.
But remember, my friend, it's your preference to decide,
Manage risks effectively, and let success reside.
$DXY Projection until 2024!We all Know we are in a bad situation, so many crisis in this situation, we all facing a inflation, jobless, crisis energy and many more. We are just hope with monetary policy in each country. Dollar Domination will svck the all any fiat. FED interst will increase this year with a target of 3.75-4%. And What FED will do ? keep update on economic macro in this situation. this is my outlook. You can sharing you're outlook to in comment section ! i really appreciate it if you sharing with me :) Love u guys cheers ! stay safe
UBX ( NASDAQ BIOTECH PENNY) crushes earnings and news catalystNASDAQ:UBX
and rises over 100 % in premarket, Has a new product
for macular degeneration, a widespread medical problem
affecting vision in the elderly which is increasing
in incidence. The earning beat was significant.
Chart demonstrates the uptrend and midrange
RSI but does not show today's premarket.
40 % rise in the week leading up to earnings and now parabolic.
doubling overnight.
* Get in the party now, don't be late. If you are
late stay home"
( not a recommendation to buy only education)
Parabolic Setup on the Mining JuniorsThis is a very asymmetric trade setup with nearly blue skies to 100 if it can catch some momentum in the coming sessions.
We also have a nice little fractal that shows us the path upward, should we break 49.
I would not front-run this one and would wait for 50+ daily close before a serious entry. With this level of confirmation in pocket, I'll be taking a rather aggressive stance.
Its a clear magnet-move to 100 - if for no other reason than it being one of the only decent plays available.
=PigMagnet
AMEX:GDXJ
TVC:GOLD
TVC:SILVER
MCX:GOLD1!
MCX:SILVER1!
ASX:GOLD
AMEX:GDX
NYSE:GOLD
Parabolic PauseThese are runs for Mastercard and Microsoft
Both of them are massive parabolas
During times of intense bull markets, price has to pull back occasionally and this is what we get.
These pause are often sharp/rounded and quick down moves followed by a quick reversal
It is very surprising how far these parabolic structures can grow
Monthly and Weekly timeframe respectively
Daily Short Parabolic Stock Ideas for my followers!! Follow Me I decided to start this new format to take advantage of short opportunities that arise when a week stock has gone parabolic.
I have some criteria to sift through opportunities and choose the best:
1) The company is relatively unknown (normally belongs to the OTC market) and financially weak (medical companies normally satisfy these criteria)
2) The company has been on a long downtrend
3) The company has made a large move to the upside (greater or equal to 15%; NEVER SPECULATE ON A COMPANY THAT HAS RISEN LESS THAN THAT IN FIRST DAY OF EXPLOSION). Also consider that the green explosion has to be from a relatively full green candle.
4) Before the upside movement, the chart should have formed a falling wedge (which it has broken after the first great upward movement)
5) After several days, an inversion pattern should form (most usually a double top) and that pattern can be used to short the stock according to standard rules
Short stocks to keep an eye on for short opportunities:
1) KALA
2) KAVL
3) COE
4) LBPS
This is happen 🐻📉📈🐂😎I am always bullish in bitcoin because of this 🚀🤙....you just accumulate more & more & you always become's super rich ...so don't panic if btc crash 90% it's just crash 😌🔻not end ! ... 10000% I am sure btc take parabolic after this is happen 💥🤛 so get ready ( & follow for more 🤝 )
SANDUSDT next leg of parabolic move up?Can SAND continue it's parabolic run?
With monster gains since October we can break the movements of SAND down into 2 cycles of 3 phases - and if history repeats (or rhymes) it would lead us up, up and away.
This one's just for fun but anything is possible in a parabolic move up like this, often a sharp move down is just the buying pressure taking a breather before resuming.
This is not financial advice, you're responsible for your own trading decisions.
Leave a like and follow for more!
TESLA - Steadily declining volume in the rally (NOT a good sign)Among my friends and acquaintances, I have been known as a Tesla perma-bull for years. So far, this has been quite a comfortable position. Today, however, I noticed something in Tesla's macro chart that has me a bit worried. On the one hand, my Parabolic Exhaustion Indicator hit the alarm at the high in both the Daily and Weekly. This alone indicates with increased probability at least a temporary correction. But what I consider more dangerous is that the rally since March 2020 (70 USD to over 1200 USD) has taken place under steadily declining volume. As early as the 19th century, Charles Dow established the theorem in his Dow Theory that a trend should be confirmed by rising volume.
I will not switch from the bull to the bear camp now - I personally would not short Tesla. However, I am now much more cautious with new positions in the stock. The danger of a selling cascade is given.
What also makes me question the sustainability of further rising prices, is the absolutely no more increaseable hype around Tesla and Elon Musk in the social media. Who is still buying? Are not ALL long Tesla already? Many with a larger position size than they should? Tesla stock is highly emotional, and that in itself already carries an increased risk for high volatility.
At least something to think about, despite all the bright visions of EVs, autonomous driving, robo taxis, turning the energy market around, etc. and the fantastic execution.
TRON probably started its parabolic really Now!!Technical analysis: #TRON (Daily update)
* TRXUSDT is already BREAKOUT the downtrend and retested is also done, the beginning of an uptrend is expected from here.
*The price is trading ABOVE both MA's (50- MA and 21 MA) as well as trend line ,
* LOOK too bullish when ever its trade above the both MA's as well as downtrend but need to break the rising wage pattern to take parabolic raid.
* RSI above the 53 that's means bulls are upper hand and already breakout its resistance, it will take momentum from here..
Take Profits,
TP1= @ $0.18124
TP2= @ $0.24563
TP3= @ $0.39360
TP4= @ $0.52585
TP5= @ $0.60689
next to the moon lol
SL=close BELOW $0.082 on daily bases.
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#TRON #CRYPTO #BULLISHRUN #ALTCOIN #UPTREND