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Riskmangement

Different Types of W Patterns and How to Trade ThemHello dear KIU_COIN family 🐺 . Recently, I decided to provide some educational content for you, my dear audience, and introduce some essential and basic trading terms. Here’s what you should know: In these lessons, we will cover three different seasons: 🔹 Season 1: Reversal and continuation patterns. 🔹 Season 2: How to use RSI and other indicators to find good entry points. 🔹 Season 3: Definitions of Fibonacci and seasonality in trading. Stay tuned for valuable insights! 🚀 ✅ For the first section of 🔹 Season 1 , I’ll be covering W patterns— a well-known bullish reversal pattern : As you can see in the chart above, we usually have three types of W recovery patterns , which are the most important ones for us. However, in this section, we just want to get a general understanding of them. In the upcoming section, we will learn how to trade them and explore how they actually appear on the chart and the story behind them ! ✅ This is the first and most common type of W pattern: ✅ This is the second type of W pattern: ✅ This is the third type of W pattern: Ok, guys; I think this is enough for today, and I hope you enjoyed this educational content. However, don't forget to ask your questions below and support me with your likes and follows for more of this content. 🐺🔥
Education
by Kiu_Coin
TradeCityPro | JASMYUSDT ATH in Market Cap👋 Welcome to the TradeCityPro channel! Let’s analyze one of Japan’s blockchain projects that allows users to control their data and earn income from IoT. 🌐 Overview Bitcoin Before starting the analysis, as always, let’s take a look at Bitcoin on the one-hour timeframe. It has practically gone to form a structure for itself, and we cannot trust the highs and lows it has created. Personally, I will stay away from futures for a while and focus on other tasks like checking DeFi projects and financial-related activities. Bitcoin dominance is currently fluctuating between a box of 61.05% to 61.87%. If it breaks above, the market's altcoins will drop further, and if it breaks below, Bitcoin itself will decline—but that seems unlikely. On the other hand, if Bitcoin dominance breaks above this range and the market remains bullish, Bitcoin itself will move more strongly. If the market remains bullish and Bitcoin dominance breaks below 61.05, more money will flow into altcoins, helping them recover and potentially start a new structure. 📊 Weekly Timeframe On the weekly timeframe, JASMY is one of the coins performing significantly better than other altcoins, trading at higher levels and not even on a major support despite the recent market correction. I’ve often talked about dormant money and buying after momentum entry in spot trading. If you look closely, for 500 days, we were inside a box between 0.00308 and 0.00715—similar to most altcoins. However, the key point is that the last rejection from the top of the range didn’t return to the bottom; instead, we registered a higher low compared to the range’s bottom. This increases the probability of breaking above the range. After breaking the range, we took a buy position with a stop-loss at the higher low (0.00494) and achieved around 600% profit up to the formed high. I personally do not intend to exit yet and will stay in the trade as long as we are above 0.01672. For re-entry, either we need to see a good reaction to the 0.01672 support, wait for a breakout of 0.03878, or wait for consolidation and a better structure on lower timeframes. I personally prefer not to buy when the market is in a range without momentum. If we draw a Fibonacci retracement from the previous low to the current high, the 0.01672 level (which is the 0.382 Fibonacci level) is a very important zone. If we bounce from this area and break the 0.03878 resistance (I consider any movement above this level before a confirmation as a fake-out), we can expect a strong uptrend, targeting 0.06413, 0.09197, and 0.14558. 📈 Daily Timeframe On the daily timeframe, we are still above our main support at 0.01636. This support is so important that if we intend to start another primary trend, we should not drop below it; otherwise, our mid-wave cycle (MWC) will become bearish. I also wanted to mention the difference between market cap and price. Right now, in 2025, even though the price is lower than its previous ATH of 0.05940, more money is in this coin, meaning it has a higher market cap. A new all-time high has been formed in its market cap. Why? Because inflation and more token distribution have resulted in a higher market cap despite a lower price, meaning the token has lost value. We also have a very strong trendline on this timeframe. The last rejection from this trendline has made it even more significant. After its breakout, we can enter a risky buy without a trigger, or wait for the breakout of 0.03979, which is a very strong trigger for momentum and spot buying. 📝 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! ❤️
Long
by tradecitypro
10
Dogecoin (DOGE)📌 Dogecoin (DOGE) Technical Analysis 🔷 Introduction: Dogecoin (DOGE) is one of the oldest meme coins in the crypto market, consistently remaining in the spotlight thanks to strong community support and endorsements from influential figures like Elon Musk. Given the recent surge in trading volume and price fluctuations, a technical analysis of DOGE can provide valuable insights for investors. 📊 Technical Analysis 📌 Overall Market Condition: 🔹 After a sharp rally, DOGE has entered a correction phase and is currently fluctuating within a descending channel. 🔹 The price has reached the 0.5 Fibonacci retracement level and the key support zone of $0.19 - $0.20. 🔹 Historically, this area has acted as a significant support level. 📈 Bullish Scenario: ✅ Reaction to the bottom of the descending channel → potential for an upward trend. ✅ Entry confirmation upon signs of reversal and a breakout above the channel. ✅ Possible targets if the descending channel is broken: 🔸 TP1: $0.52 - $0.57 🔸 TP2: $0.85 - $0.94 ✅ Key Consideration: After reaching TP1, market behavior and trend strength should be reassessed. 📉 Bearish Scenario: ❌ If the $0.19 support level is broken and the price stabilizes below it, further decline is likely. ❌ Key support levels in case of a breakdown: 🔻 $0.128 🔻 $0.093 ❌ A decline in trading volume and increased selling pressure would indicate weak buyer momentum. 📌 Conclusion: 🔹 The bottom of the descending channel could present a buying opportunity, but it comes with high risk. 🔹 A breakout above the channel may trigger a price surge toward $0.52 and beyond. 🔹 Risk management is crucial—breaking below $0.19 could be a strong bearish signal. ⚠️ Disclaimer: The crypto market is highly volatile. Always define your exit strategy before entering a trade and strictly adhere to your stop-loss plan.
by alizeynali69
TradeCityPro | ARBUSDT The Most Important Support of Its Life👋 Welcome to the TradeCityPro channel! Let's analyze and review one of our important Layer 2 projects, which is currently at one of its most critical support levels, and update our previous analysis. 🌐 Overview Bitcoin As always, before starting our analysis, let’s take a look at Bitcoin on the one-hour timeframe. We have settled down a bit compared to yesterday's fluctuations, but it’s still not a great time to open futures positions because any news can trigger stop-losses. However, if you insist on opening a position, the breakout of 100,026 wouldn’t be a bad entry, but you must reduce your risk. These days, it’s better to be an observer in futures trading. On the other hand, Bitcoin dominance is also crucial with this level’s breakout—if it turns green, you can open a position; otherwise, it’s better to switch to an altcoin or not open any position at all. 🕵️‍♂️ Previous Analysis In our previous Arbitrum analysis, we had a more bullish outlook and were waiting for a breakout of 0.9689 on the four-hour timeframe to open a long position. This breakout happened, and we experienced a clean move up to the 1.2364 resistance level. 📊 Weekly Timeframe On the weekly timeframe, we clearly see a rejection from the 1.1887 resistance, which was previously tested as a pullback. Now, this level has become even more significant, and after rejection, we reached the critical level of 0.4792. If you had bought earlier after the breakout of 0.6487, taking profit at 1.1887 was very logical—either securing profits or withdrawing your initial capital. If you didn’t take these actions, you likely hit your stop-loss by now. However, if you managed your capital properly and only lost a maximum of 2% of your funds, then nothing major has happened. Taking profit at 1.1887 was the smart move. This weekly candle is one of the most volatile we’ve seen recently for ARB, dropping 30% in a single day before recovering. If it closes green or even slightly higher with better volume, it could act as an entry trigger for those whose strategy aligns with it. However, I personally prefer to see some ranging first and enter on a different timeframe to follow the movement. 📈 Daily Timeframe Yesterday’s daily candle was truly impressive and showed the strength of buyers. Under normal market conditions, I would have bought with this candle, anticipating the start of an uptrend. However, this candle was mainly driven by emotions and FOMO, and many traders still don’t fully grasp the consequences of their decisions—they might realize it in the coming days. That’s why this candle doesn’t convince me, and I’m not buying based on it. Now, you might think, “What if this is the best entry point?” Personally, I would be much happier if price makes a sharp move up to 0.6487 with momentum—this would provide a more confident entry with a tighter stop-loss. In that scenario, both positions would reach their risk-to-reward targets up to 0.9178, but my entry would be more secure, and I could allocate more capital. If the daily candle closes below 0.4792 and RSI enters the oversold zone, ARB’s situation will worsen significantly, potentially forming new lows. That wouldn’t be good and could lead to deeper corrections. 📝 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! ❤️
Long
by tradecitypro
16
TRADING LEVERAGE | How to Manage RISK vs REWARDFor today's post, we're diving into the concept " Risk-Reward Ratio " We'll take a look at practical examples and including other relevant scenarios of managing your risk. What is considered a good risk to reward ratio and where can you see it ? This applies to all markets, and during these volatile times it is an excellent idea to take a good look at your strategy and refine your risk management. You've all noticed the really helpful tool " long setup " or " short setup " on the left-hand column. This clearly identifies the area of profit (in green), the area for a stop-loss (in red) and your entry (the borderline). It also shows the percentage of your increases or decreases at the top and bottom. It looks like this : 💭Something to remember; It is entirely up to you where you decided to take profit and where you decide to put your stop loss. The IDEAL anticipated targets are given, but the price may not necessarily reach these points. You have that entire zone to choose from and you can even have two or three take profits points in a position. Now, what is the Risk Reward Ratio expressed in the center as a number.number ? The risk to reward ration is exactly as the word says : The amount you risk for the amount you could potentially gain. NOTE that your risk is indefinite, but your gains are not guaranteed. The risk/reward ratio measures the difference between the entry point to a stop-loss and a sell or take-profit point. Comparing these two provides the ratio of profit to loss, or reward to risk. For example, if you're a gambler and you've played roulette, you know that the only way to win 10 chips is to risk 5 chips. Your risk here is expressed as 5:10 or 5.10 .You can spread these 5 chips out any way you like, but the goal of the risk is for a reward that is bigger than your initial investment. However, you could also lose your 5 and this will mean that you need to risk double as much in your next play to make up for your loss. Trading is no different, (except there is method to the madness other than sheer luck...) Most market strategists and speculators agree that the ideal risk/reward ratio for their investments should not be less than 1:3, or three units of expected return for every one unit of additional risk. Take a look at this example: Here, you're risking the same amount that you could potentially gain. The Risk Reward ratio is 1, assuming you follow the exact prices for entry, TP and SL. Can you see why this is not an ideal setup? If your risk/reward ratio is 1, it means you might as well not participate in the trade since your reward is the same as your risk. This is not an ideal trade setup. An ideal trade setup is a scenario where you can AT LEAST win 3x as much as what you are risking. For example: Note that here, my ratio is now the ideal 2.59 (rounded off to 2.6 and then simplified it becomes 1:3). If you're wondering how I got to 1:3, I just divided 2.6 by 2, giving me 1 and 3. Another way to express this visually: In the first chart example I have a really large increase for the long position and you can't easily simplify 7.21 so; here's a visual to break down what that looks like: If you are setting up your own trade, you can decide at what point you feel comfortable to set your stop loss. For example, you may feel that if the price drops by more than 10%, that's where you'll exit and try another trade. Or, you could decide that you'll take the odds and set your stop loss so that it only triggers if the price drops by 15%. The latter will naturally mean you are trading at higher risk because your risk of losing is much more. Seasoned analysts agree that you shouldn't have a value smaller than 5% for your stop loss, because this type of price action occurs often during a day. For crypto, I would say 10% because we all know that crypto markets are much more volatile than stock markets and even more so than commodity markets like Gold and Silver, which are the most stable. Remember that your Risk/Reward ratio forms an important part of your trading strategy, which is only one of the steps in your risk management program. Dollar cost averaging is another helpfull way to further manage your risk. There are many more things to consider when thinking about risk management, but we'll dive into those in another post.
by CryptoCheck-
2
TradeCityPro | DOGEUSDT End of the Downtrend👋 Welcome to TradeCityPro Channel! Let's go together into a turbulent day in the market, which was accompanied by the opening of global markets, Trump’s side events, and economic sanctions on Canada and Mexico. Let’s take a look at the chart together. 📣 How did this happen? The event that occurred last night with the market opening in the Tokyo session was that Trump suddenly increased import tariffs from China, Canada, and Mexico to 25%, causing economic conflicts among these countries. Along with this, we saw an increase in USDCAD, the dollar index, gold, and cryptocurrency, leading to market fluctuations. However, today it was announced that these changes will take effect next month. 🌐 Overview Bitcoin Before starting the Bitcoin analysis, let’s first examine Bitcoin on the one-hour timeframe as usual. We had already opened our short position after breaking 101,654 in previous analyses, and this morning, due to sell-off candles around the 92,000-dollar range and excessive overselling, we secured a lot of profit and completely exited the position. This drop caused a severe shock to most people, leading to the liquidation of $2 billion in long futures positions. This price drop was accompanied by an increase in Bitcoin dominance, reaching my psychological ceiling, and a very long shadow up to 64.30% was recorded. In my opinion, this is the Bitcoin dominance peak, but we will wait for confirmation. The reason I say this is the peak is that a large volume of other coins is staked and locked outside the cycle. This makes it unlikely that we will go above these numbers, and we will likely experience corrections and declines gradually. However, Bitcoin itself has completely recovered its drop, which is a very good sign for upward movement and momentum because a momentum shift has practically occurred. The reason for this shift was the announcement that these economic events will be implemented next month, not now, which brought calm to the markets. But Bitcoin still has good momentum, and you shouldn’t feel left out. Feeling left out is for those who lack risk management and enter positions recklessly, not us. 📊 Weekly Timeframe On the weekly timeframe, Dogecoin, Elon Musk’s favorite coin that has practically established itself as an entity in the U.S. and made him the second most influential person in the country, has had an outstanding performance recently. It has both recorded a higher low compared to 2023 and has not undergone significant price corrections—just a rejection from its ATH, which is entirely logical. I am not buying for now and prefer to miss a move, or if I do buy, it will be very low-risk. But if you want to buy a coin, be very careful about how it performed during this correction and what its Bitcoin pair looks like. Most coins that experienced more decline, like NOT, had a bearish Bitcoin pair, while some coins that held up well were either ranging or bullish. With this weekly candle, you can take a risk and make your purchase, but you must consider that it has merely bounced off support and made a pullback. Therefore, it may range for a few weeks before continuing its momentum, as the high volatility at the beginning of the month means the market may need some rest—unless we enter a bull run. For selling, hold on for now and do nothing. 📈 Daily Timeframe On the daily timeframe, however, DOGE is one of the coins that has reacted well to recent events and is behaving almost like Bitcoin. It has rebounded from this range and is closing a strong candle with high volume, preventing the daily RSI from entering oversold territory. On the other hand, DOGE is among those coins that are positioned at higher levels compared to the daily range that most altcoins have formed, showing its relative strength against Bitcoin. If you check Ethereum on the daily timeframe, you will understand what I mean. After breaking the important 0.31019 support and the 0.236 Fibonacci support, we saw a sharp candle that rebounded between the 0.382 and 0.5 range, which is not a bad reaction at all. Most likely, some purchases will be made upon the closing of this candle. If this aligns with your strategy, it is not a bad entry point, but I personally prefer to wait a little longer and enter with a better trigger and a smaller stop-loss. Or, I might wait for the 0.466 resistance break and take the trade with more certainty or higher risk. First, when the market becomes range-bound and boring, that is exactly when the highest probability of movement occurs. Second, take risk and capital management very seriously. I know 90% of our community follows this, but I need to repeat it repeatedly to make it universal and prevent people from being liquidated unnecessarily by opening reckless positions based on mere hope. 📝 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! ❤️
Long
by tradecitypro
12
Gold's 3 x bullish major structural changes in 1 weekFor ease of viewing I have displayed only the major structural BOS & ChoCh on this 1Hr chart of XAUUSD. The brown trail is a standard Bollinger band setting and price is captured only in the past week. See the 1,2,3 on chart. 2 major Bos in price leadup during the past week. 1 major ChoCh on 30 January. On the lower timeframe it's noted some bearish sentiment and breaks in structure but I also see that on the 1Hr chart that price has held the 50ema. I expect price to find buyers around 2783 to 2787 around the 50ema on 1hr and the overall bullish sentiment will prevail. See the Bear OB where selling started to occur Friday. Did somebody say some selling? Gold & silver are Not overbought and price will be looking to continue its ascent to 3000 very quickly imho.
EIGHTCAP:XAUUSDLong
by Easy_Explosive_Trading
8
TradeCityPro | IMXUSDT Potential 30% Drop👋 Welcome to TradeCityPro Channel! Let’s take a look at today’s altcoin on this market holiday, especially for those holding IMX, as it might experience a drop once the market reopens. Before starting the analysis, as always, let's first check Bitcoin. On the 1-hour timeframe, Bitcoin dropped last night after getting rejected at 105,939, making a sharp move down to support at 101,654, where it is currently holding. Along with this drop, Bitcoin dominance also fell, preventing altcoins from experiencing significant losses. However, as Bitcoin ranges at this support, its dominance is rising, which is causing altcoins to drop. If this trend continues, altcoins will likely undergo a deeper correction. I personally plan to open a short position if 101,654 breaks, but I will secure profits quickly and exit fast. On the other hand, if Bitcoin breaks 102,571, I will enter a risky stop-buy long position, as I believe its movement to the upside could be as sharp as its previous drop, and I will set a logical stop-loss. 📉 Weekly Timeframe Looking at the IMX weekly chart, we see that compared to 2023, it is holding a higher low, which is a bullish sign. However, the fake breakout and rejection at 1.817 led to a return inside the range, and sellers are now attempting to break the range low. Let’s also talk about the candlestick pattern I highlighted on the chart. I’ve personally seen this pattern many times—it typically appears at the end of a trend and signals a potential reversal. I will discuss it more in the future, but for now, just take note of this behavior. Additionally, after last week’s candle, IMX is trying to close below the key weekly support and range low at 1.084. If this breakdown is confirmed, it would signal a range breakdown, leading to a bearish correction towards the next major support at 0.764, which would be a 30% drop. I do not hold IMX, but if I did, my approach would be to exit my holdings upon a weekly close below this level, regardless of whether I was in profit or loss. I would only re-enter if the price reclaimed the range or formed a clear trigger for a new buy position. 📊 Daily Timeframe IMX is currently sitting on a major support level, which has consistently pushed the price upward in previous attempts. However, this support is showing signs of weakening. If this level breaks, we will likely see a sharp drop towards 0.764. Given the importance of this level, it’s essential to monitor both bullish and bearish signals. If we see signs of weakness in the bearish trend, it could signal a buy trigger. However, these triggers require momentum—I will not buy just because the price is sitting on a strong support level. Instead, I will wait for either a fake breakdown or a lower timeframe range breakout before considering a buy. One possible entry trigger could be the breakout of the trendline at 1.252. ⏳ 4-Hour Timeframe IMX is currently breaking below the 1.061 support, which is a key weekly level. Because this is a high-volatility zone, it’s important to use a logical stop-loss when entering positions to avoid being stopped out unnecessarily. 📉 Short Position Trigger the trigger is already active, so a short entry is possible. However, if the price lingers in oversold conditions for too long or takes too long to move downward, I recommend securing profits quickly—also keep in mind that it’s Saturday, so consider reducing your risk exposure. 📈 Long Position Trigger there is no clear trigger yet unless we see a fake breakdown or a sharp recovery back to 1.252, after which a long entry would be valid. If this scenario plays out, there’s no need to feel FOMO, as strong momentum entering the market will provide multiple trading opportunities. 📝 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! ❤️
Short
by tradecitypro
8
TradeCityPro | ETCUSDT Buyers and Sellers War👋 Welcome to TradeCityPro Channel! Let's go together in the final hours of the week and the financial markets are closed. Let's analyze and review another of our altcoins in a short and concise manner. 🌐 Overview Bitcoin There is no need to include Bitcoin analysis in this analysis because I analyzed Bitcoin in detail for you today. I will put the link below. Be sure to check it out and pay attention to its chart. 📊 Weekly Timeframe In the weekly time frame, ETC is one of the coins that is still fluctuating in its box range, but this time it has risen from the higher bottom of 17.67 and has not moved towards 14.90, which is a positive point. I probably will not hold this coin for re-buying, but if you want to enter, I suggest you do so after the 37.16 break and follow this very closely as soon as possible. Don't happen in this time frame On the other hand, if you bought with the 20.44 break, continue to hold for now, but the previous rejection from 37.16 is a good trigger for saving profit or exiting the main capital, and wait for the main exit and exit below 14.90 📈 Daily Timeframe In the daily time frame, we are also suffering in the 24.71 to 28.12 range box, but the good thing is that we are one level above the daily box break box, which is 20.92, and we are in a better situation than the other coins that returned to this box. I want to pay close attention to the 17.55 to 20.92 box, which is a complete daily range box, and you can see this in the weekly chart as well, and I want to show you that our purchase is after the box ceiling breaks and momentum and volume enter the chart and coin, which makes us stay in the position less and the fastest way Take our potential profit from the market To buy again, you can make your purchase after the 24.71 break with the momentum I just explained, but your main trigger in higher time frames is the 38.24 break and it is better to involve your main risk there. If you intend to buy, you can also enter at 28.17 as a risk to have an entry point. I do not recommend below 24.71 for the exit, but if you want to exit, if we return to the box again, make your purchase at the same number of dollars you sold, and your main exit trigger will be below 14.67. Now you may be wondering why the daily resistance is at 28.17. The reason is a fake breakout that happened. The previous series and the fake breakout are exactly these two candles that go above the box and return exactly. Even if we remove them, nothing special will happen on the chart and the data will be wasted. 📝 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! ❤️
Long
by tradecitypro
3
If you're struggling to find faith/trust in Crypto. lately Lately, I have been a bit over Cryptocurrency, up and down and fake movements around charts, but I guess its a part of trading. I currently have only 2 position's, Doge & Hbar I had to let go earlier today. So, this new one is Stellar Lumens XLMUSD & it really is stellar, one of the biggest runners yesterday, up something like 7 or 8%. It's obedient and loyal (so far) and take a look at the fantastic daily chart. On the left it looks like a bullish flag and it got support at the 200 before it broke out. I know its a bearish wedge but its very bullish the chart imo.
EIGHTCAP:XLMUSDLong
by Easy_Explosive_Trading
TradeCityPro | LINKUSDT The Time to Buy Has Arrived👋 Welcome to TradeCityPro Channel! Let’s analyze another cryptocurrency from the market, which is also one of my favorites due to its infrastructure role and its ability to simplify crypto. It seems that a buying opportunity has arrived. 🌐 Overview Bitcoin Before starting the analysis, as always, let’s take a look at Bitcoin on the 1-hour timeframe, where the futures entry trigger at 104,227 was activated. Currently, it is below the important resistance level of 105,939, which will be the last trigger I provide for futures entry. If this resistance at 105,939 is broken and Bitcoin dominance is declining at the time of the breakout, switch to altcoins and look for long positions on those that have already made a bullish leg and are trading at relatively higher levels. As long as we are above 104,227, I will continue looking for long triggers. 📊 Weekly Timeframe On the weekly timeframe, LINK has been one of the cryptocurrencies that remained in a range for 500 days. After breaking out, we have seen the beginning of an uptrend. This is exactly what I mean by avoiding capital lock-up. We waited weeks for the 8.06 trigger to break, allowing us to buy with momentum confirmation rather than buying inside the range and waiting in a high-risk market. You might say, "Why not buy inside the range to avoid missing the 8.06 breakout?" My answer is that hundreds of coins are still stuck in similar ranges without showing any bullish moves, and even now, they could trap your capital for a long time, causing frustration! If you entered at 8.06, continue holding. If you are looking for a re-entry, you can buy after the 29.02 breakout. As for selling, I am not selling yet and will actually try to accumulate more! 📈 Daily Timeframe On the daily timeframe, LINK is one of the few cryptocurrencies that, after recent corrections, did not return to lower levels. Instead, it bounced off the 0.382 Fibonacci level, increasing the bullish bias. After breaking 12.96, LINK had a strong rally up to 29.07, where resistance was observed. Instead of considering 29.07 as resistance, I prefer to buy after a breakout of 26, as this level was previously a pullback zone and had multiple rejections. Since we have bounced off the 0.382 Fibonacci level, a breakout of the recent high could trigger a new upward move towards the Fibonacci extension targets, which are : 31.24 – 35.10 – 41.44 – 51.19 For buying, I plan to enter a spot position after a 26 breakout with a stop-loss at 15.22, and I will continue holding. I will also look for a futures long position before 26, but for that, I will need momentum confirmation and volume increase! ⏱ 4-Hour Timeframe On the 4-hour timeframe, a risky long trigger at 24.34 was activated, but there hasn't been much movement yet. A pullback to 24.34 is possible. 📈 Long Position Trigger the 26.30 trigger is excellent, and I will try to find lower timeframe entries before that. As long as we are above 22.37, my bullish strategy remains intact. 📉 Short Position Trigger I am not considering any setups unless a clear structure forms. If we see a sharp drop to 22.37 and then break below it, I might consider shorting, but I prefer to focus on more bearish coins instead of LINK. 📝 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! ❤️
Long
by tradecitypro
16
TradeCityPro | ATOMUSDT the FOMC Meeting Results👋 Welcome to TradeCityPro Channel! Let's go together on the day that the FOMC meeting and Powell's speech were held a few minutes ago, let's take a look at the results and today's talks and analyze the altcoins on the daily time frame for you. 🌐 Overview Bitcoin Let's go together and take a look at Bitcoin, which did not have much of an impact on the interest rate news tonight and a few minutes ago, but Powell's speeches caused it to record a large but low time frame. As expected, the score and tonight's session also had a result that was predicted in advance and it can be said that it did not affect crypto and others much and its impact on the time frame was low, but it is likely that this Bitcoin trend will continue and let's go for a new move that will be accompanied by an increase in the possible dominance of Bitcoin The most important points of the FOMC press conference with Jerome Powell, Federal Reserve growth: Overall, the economy in 2024 was above 2% thanks to consumer spending , In the middle of last year, housing activity stabilized .The labor market is not a source of inflationary pressures! , In three meetings, we have reduced the interest rate by 100 basis points. Currently, monetary conditions are less restrictive and we are in no hurry to reduce it, if inflation moves towards the 2% target as expected, we will keep the interest rate unchanged for a longer period of time. 📈 Daily Timeframe In the daily time frame, the atom rejected from 10.322 and made a lower ceiling at 7.447. Currently, it is forming a lower ceiling and ceiling, but it has more than its daily box. Also, this move causes us to be in a falling wedge, which is bullish in nature and we usually fall into this pattern from a decline and after its trigger is activated, it sees a trend change forward and in any case it breaks from the floor. This pattern fails To buy again in the spot, you can break the trigger of this pattern at 6.266 and buy, but make sure that this pattern breaks and a higher ceiling and ceiling is recorded and we make our purchase at 7.44, the weekly box ceiling trigger. It is also 10.332 After the break of 5.675, if the market corrects, you can move up to the level of 4.923, but after the break of 3.907, I will remove myself and take my coins out of the stake and cash them out because I saw the possibility of a 30% drop and I will not be with it. 📝 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! ❤️
Long
by tradecitypro
3
TradeCityPro Academy | Risk Management👋 Welcome to TradeCityPro Channel! Let’s continue with another training session after the first part, which was about Capital Management, and dive into the important topic of Risk Management. 🕵️‍♂️ Risk Management as a Profession One of the heaviest responsibilities, riskiest roles, and most demanding efforts in studying or working in a company lies in the field of Risk Management. The job of risk management exists in various fields, including banking, insurance, investment, and consulting. People working in this field are responsible for identifying financial, operational, or project-related risks and designing strategies to reduce or manage them. The income of a risk manager varies depending on the country, industry, level of experience, and scope of the project. In developed countries, risk managers in financial industries can earn high incomes. On average, in the United States, the annual income of a risk manager ranges between $80,000 and $150,000. 💰 Risk Management in Financial Markets Risk management is one of the most important skills and concepts in the world of finance, business, and even daily life. It helps you identify, assess, and control potential risks to avoid unexpected losses. 💡 What is Risk Management? Risk management is the process of identifying and assessing potential threats and then taking actions to reduce or eliminate their negative impacts. This process helps you make more informed decisions and protect your capital or resources from unnecessary risks. In financial markets, risk management means identifying, evaluating, and controlling risks related to investments to prevent major losses. This includes setting a Stop Loss, diversifying your investment portfolio, using leverage responsibly, and sticking to your trading strategy. The primary goal is to preserve capital and optimize profits by managing potential risks. 💵 Why Should We Manage Risk? Before diving into the explanations, let’s illustrate the concept of risk management with a life example: Do you give the same kind of gift to your parents or partner as you would to a distant relative or a friend you recently met? Of course not! Everyone holds a different level of importance in your life. Now let’s examine this in financial markets. It’s better to have different risk management strategies for your setups and strategies based on market conditions. Categorize them into different groups using your Excel data and setups. As a side note, in this training, when we talk about risk, we mean the amount of capital you will lose after entering a position and hitting your stop loss not just the amount of capital involved in the position. Additionally, if you don’t have a written trading plan, strategies, or if you don’t document your positions in Excel or any other platform, this will not be beneficial for you and may result in future losses. 💼 Implementing Risk Management in Trading We need to categorize our trades based on market conditions, daily circumstances, chart setups, strategies, win rate, written trading plans, and our trade entry checklist. Here’s how I categorize trades: Very Risky - Risky - Normal - Confident 1️⃣ Very Risky For this category, it’s better to have a separate account purely for testing, FOMO, or experiments. These trades have very few confirmations (1–2). Trade with less than 0.1%–0.25% of your main capital in this category. 2️⃣ Risky These trades are opened in your main account because they generally meet some confirmations but lack key ones. For instance, you anticipate a resistance breakout and go long before confirmation. These trades usually have a small stop loss, leading to higher risk-to-reward ratios. Use 0.25%–0.5% of your capital for these trades. 3️⃣ Normal These trades have most confirmations but might miss a few. For example, out of 10 items on your checklist, 6–7 are confirmed. These form the majority of trades. Be cautious about the win rate of this category, as it should be higher than your overall average. Use 0.5%–0.75% of your capital here. 4️⃣ Confident These trades have all major confirmations, and your strategy’s triggers are activated. Additionally, 8–9 out of 10 items on your trade entry checklist are confirmed. These are your most confident trades. Use 0.75%–1% of your capital for these trades. ⚠️ Daily Risk Management Don’t use your entire daily risk limit at once. For example, if your daily risk is 1.5%, keep some risk in reserve in case your first trade hits its stop loss. This allows you to recover and even profit later in the day. Focus on normal trades. These should form the majority of your trades since they maintain a healthy win rate. Risky trades might lower your win rate, while confident trades occur less frequently and won’t significantly impact your overall win rate. 📝 Building Risk Management and Consistency Risk management based on your checklists and spreadsheets can take around 6–8 months to develop, starting after learning technical analysis. In the beginning, allocate 0.5% risk per trade while documenting your trades. This will prevent unnecessary self-blame for stop-loss hits in risky trades and help you trade confidently with a solid plan. ❤️ Friendly Note If you don’t follow these principles, trading might become an on-and-off journey, leading to frustration and eventual market exit. In the end, your money will go to traders who adhere to these rules. If you’ve read this far, congratulations! Unlike misleading social media ads, this guide offers genuine, practical insights. Be proud of your effort and focus on applying these principles. Let’s progress together and elevate our lives through financial markets. 😊
Education
by tradecitypro
51
Emergency Update #1 On Tesla Buy Order Before Market OpenThis is an emergency update that you have to take action Before market open the pre market hour order on our last buy order has been filled. But you still have another buying order opportunity. Am going to share with you the new buy order. Buy Order :$402.98 This is the new buy order in case you missed the pre market buy order. This one is a market open buy order. Remember the Risk Management Booster Strategy? One of the steps in that strategy is to only use Buy Orders and Not Market Orders To learn more 🚀 Rocket Boost This Content. Disclaimer ⚠️ Trading is risky please learn risk management and profit taking strategies.Also use a simulation trading account before you use real money.
NASDAQ:TSLALong
by lubosi
TradeCityPro | EOSUSDT Seeking Structure Formation👋 Welcome to TradeCityPro Channel! Let’s analyze another altcoin on our watchlist, one of the oldest altcoins, which has experienced two bull runs so far. 📊 Weekly Timeframe In the weekly timeframe, it’s still one of those coins that remains within its long-term range box, which has lasted nearly 1,000 days. Recently, by making a fake breakout of its last support at 0.4485, it had an attractive upward move and reached the top of its range box at 1.3255. I haven’t held this coin myself and probably won’t buy it in the future either, but you can make your purchase either after the box ceiling breakout or take early triggers in lower timeframes. Now, why won’t I buy it? Because coins like EOS or LTC, which are old, didn’t even reach their previous highs during the last bull run, or at most, moved up to those levels, which isn’t very appealing. 📈 Daily Timeframe In the daily timeframe, however, it’s one of those coins that stands a notch above others and hasn’t returned to its daily range box, holding above higher supports. The 0.7558 level is highly significant as it represents both 50% Dow Theory wave retracement and 0.5 Fibonacci level, making it a PRZ (Potential Reversal Zone). Losing this level could delay the next bullish move, but after that, the 0.6192 level will also hold great significance. After our move to 1.3703 and its correction, our volume has been decreasing on the retracements and increasing on every upward move—this is a good sign for bullish continuation. If, in the coming days, sellers fail to break the 0.7558 support, we might see continued range-bound movement or a temporary upward move. For another purchase, either wait for a fake breakout at 0.7558, or you can make your purchase with the breakout of triggers at 0.9827 and 1.3703, but I’d recommend first checking the project and its community and being patient for momentum entry. 📝 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! ❤️
Long
by tradecitypro
5
TradeCityPro | ADAUSDT Continued Upward Momentum?👋 Welcome to TradeCityPro Channel! Let’s analyze ADA, one of the popular altcoins in the market, and identify potential entry and exit triggers. 🌐 Overview Bitcoin Before diving into ADA, let’s check Bitcoin’s 1-hour timeframe. After breaking the 104227 support, a short position could have been opened, as I mentioned earlier. With a tight stop-loss and quick profit-taking, you could have achieved a risk-to-reward ratio of 6:1 under strict conditions. Additionally, after the fake breakout at 98867 (a significant support), Bitcoin experienced a sharp move followed by a pullback to 101991, which was rejected. Now, Bitcoin is back at the 98867 support. If this level holds, Bitcoin will likely range within the box. If broken, another short position can be opened, but remember to secure profits quickly. 📊 Weekly Timeframe In the weekly timeframe, ADA stands out compared to most other altcoins. It has effectively broken out of its weekly range box but has reacted to the next resistance level, with Bitcoin holding back further gains. ADA also made a higher low in 2024 compared to its 2023 low of 0.2390, demonstrating bullish behavior and avoiding a drop to the 900-day range box bottom. If you bought ADA at the breakout of the daily range box ceiling (0.4562), continue to hold for now. However, if you’re worried about losing profits or have limited capital, you can consider withdrawing your initial investment while letting the rest ride. For new entries, look for either a strong reaction at the 0.7458 level with daily momentum triggers or a breakout above the 1.1982 key resistance. Personally, I’m planning to add to my position after 1.1982 breaks. 📈 Daily Timeframe On the daily timeframe, ADA found support at 0.3134 after several tests. Sellers failed to break this support, allowing buyers to gradually step in. Following the breakout of the short-term range box ceiling at 0.3659, ADA experienced an impressive 230% rally. After this rally, ADA entered a range box, where it’s unclear whether it’s a re-accumulation zone or a distribution zone. This will become evident when the box is broken, either upward or downward. Currently, the critical resistance is at 1.1299, which has been tested and rejected three times, making it a key level. For new purchases, I’m waiting for a breakout above 1.1299, combined with increased volume and an RSI above 62.52. Inside the box, I won’t take any action as I’m already holding ADA, but I’ll aim to add more if these conditions are met. For short-term profit-taking, you can consider exiting if ADA drops below 0.836, which is a significant support level. However, be prepared to re-enter after reclaiming this level or upon confirming a fake breakdown. If 0.836 breaks down convincingly, we might see further support levels at 0.7049 and 0.6124. 📝 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! ❤️
Long
by tradecitypro
12
TradeCityPro | MANAUSDT Potential Fake Breakout of Support👋 Welcome to TradeCityPro Channel! Let’s analyze MANA, one of the metaverse-category altcoins in the cryptocurrency market. Recently, I’ve had a feeling that we might witness a fake breakout in the market. Scroll Down to Check Out the Analytical Chart as Well! 🌐 Overview Bitcoin As always, we start with Bitcoin’s 1-hour timeframe, which is currently in a calm state with no significant fluctuations, essentially ranging. If the 104227 trigger breaks and a lower high is formed, you can open a scalping short position, but make sure to secure profits quickly. For long positions, I plan to open one after 106498, as Bitcoin dominance is likely to rise, making Bitcoin my primary focus. 📊 Weekly Timeframe On the weekly chart, MANA remains within a 200% range box, recently rejecting from the box's ceiling. I’ve already bought some MANA, but my main trigger for significant buying is a breakout above 0.7638. I don’t pay much attention to fluctuations inside the range box. After breaking the box ceiling, MANA could easily yield up to 600% profits depending on token count and market cap. If you’ve already bought within the range without sufficient momentum, consider setting your stop-loss below 0.2519. For re-entry, as mentioned earlier, wait for a breakout above 0.7638, where I’ve set my alerts. 📈 Daily Timeframe On the daily chart, after breaking our daily trigger at 0.3390, which was also the box ceiling, we witnessed an impressive move, gaining 130% up to the box ceiling at 0.7833. This demonstrates why it’s better to buy after a momentum-driven breakout rather than inside the range box. Post-breakout purchases often lead to faster profit realization and better stop-loss placement, even if the entry point is slightly delayed. Currently, MANA is at a critical support level, correcting 50% of its impulsive wave, which is significant both in terms of Fibonacci retracement and Dow Theory, classifying it as a potential PRZ (Potential Reversal Zone). For re-entry, a risky buy can be considered after 0.5782, while a safer buy opportunity lies after breaking 0.7833. It’s too early to exit or take profits now, and I wouldn’t act on a breakdown of 0.4614, except to open a short position. ⏱ 4-Hour Timeframe On the 4-hour chart, MANA is ranging at the 0.4614 key support, repeatedly testing this level without significant upward movement, indicating stronger selling pressure. However, if sellers fail to break this support, buyers may step in, potentially driving the price higher. 📉 Short Position Trigger The short position trigger is straightforward: I will open a short position after breaking 0.4614. However, since I expect a fake breakout, I will secure profits quickly on any short positions. 📈 Long Position Trigger Currently, there isn’t a clear long trigger. If a fake breakout occurs, I’ll look for opportunities to take a long position using my fake breakout strategy. Additionally, if higher highs and lows form, I’ll search for a reliable long trigger. 📝 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! ❤️
Long
by tradecitypro
18
TradeCityPro | STXUSDT Sellers Final Attempt👋 Welcome to TradeCityPro Channel! Let’s analyze one of my favorite coins, STX, which serves as Bitcoin's layer 2 and is currently in a better condition compared to other altcoins. 🌐 Overview Bitcoin As always, before analyzing STX, we’ll take a quick look at Bitcoin on the 1-hour timeframe. Bitcoin bounced off the 102873 support, with its recent fluctuations caused by the Trump-related events and their accompanying market noise. Bitcoin dominance continues to climb, and it’s likely we’ll see a new high along with bullish movement in Bitcoin dominance. It’s a good idea to either open long positions on Bitcoin or hold your existing long positions. Altcoins paired with Bitcoin that are showing bullish signs might also see upward movement. 📊 Weekly Timeframe On the weekly timeframe, STX stands out as one of the most bullish coins in the market, alongside Solana, Doge, and Sui. This highlights the strong current position of this project. The key resistance level is at 2.708, while the 3.696 ATH can be considered a fake breakout. For trading, it’s better to base your entries and positions on the 2.708 resistance. The coin has been moving along an important supportive trendline that had multiple successful retests. However, this trendline has been broken, a pullback occurred, and the trendline trigger activated with the breakout at 1.299, which currently serves as a critical support. This level is both a major weekly support and the 0.382 Fibonacci level. If broken, the price could drop further to 0.738. For new entries, either wait for the 1.765 level in lower timeframes or the primary trigger at 2.708. Exiting below 1.299 in profit might be a smart move. If the price reclaims this box, you can re-enter. Although this strategy reduces the number of coins, it ensures no USD losses. 📈 Daily Timeframe On the daily timeframe, the price is at the 1.355 significant support level, with lower highs and relatively flat lows forming a compression pattern and a trendline. I won’t exit my spot holdings below 1.355, but I may take the risk of opening a short position after breaking this trigger. Part of the profits from this short position can be used to accumulate more STX coins for long-term holding. For re-entry on the daily timeframe, momentum or a trend reversal is necessary. This could happen with a fake breakout of 1.355, which is a critical support level. Buyers will likely make an effort to defend it. Alternatively, you can wait for the trendline breakout and the 1.674 level to open your spot positions with a risky stop-loss below 1.355. A breakout above RSI 50 can also serve as confirmation. ⏱ 4-Hour Timeframe On the 4-hour timeframe, the chart shows consolidation near the 1.355 critical support, oscillating within the 1.355 to 1.674 box, with sellers slightly stronger. 📉 Short Position Trigger The short position trigger is clear. After breaking 1.355, I’ll open a short position. If the price moves closer to this level, I might also place a stop-sell order if bearish volume increases. 📈 Long Position Trigger Long positions are trickier with this chart. For such positions, I’d either check other charts or wait for a higher high and low or a fake breakout of 1.355 before considering opening a long position. www.tradingview.com 📝 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!
Long
by tradecitypro
16
COFORGE Options Trading Strategy: Breakout and Momentum-BasedIn this post, we’ll explore a couple of options strategies for COFORGE using the data for strike price 9000 . By closely monitoring the price action and key option data, we can make informed decisions that align with market trends. Here’s how we can approach trading this stock’s options effectively: Key Option Data Breakdown Call Short Covering: Indicates that the market sentiment is bullish as traders are closing their call positions, signaling a potential upward movement. Put Writing: A strong sign of bullishness as traders are actively writing puts, expecting the price to stay above the 9000 strike. Call and Put LTP (Last Traded Price): Calls LTP: 278.8 (indicating that calls are gaining traction). Puts LTP: 100.7 (a lower LTP for puts suggests lower demand). Open Interest (OI) and Change in OI: Calls OI Change: -47,850 (indicating a reduction in call positions due to short covering). Puts OI Change: +123,975 (signifying an increase in put writing, which reinforces the bullish sentiment). Strategy 1: Buying the Call or Put Based on the First 5-Minute Candle This strategy involves observing the price movement in the initial 5 minutes after the market opens and deciding whether to buy a call or put, depending on the price action and option data. When to Buy the Call or Put: If the first 5-minute candle shows a bullish move, consider buying the call option as the market sentiment appears to be in favor of upward movement. If the first 5-minute candle shows a bearish move, consider buying the put option. However, given the overall data showing strong put writing, this could be less likely. Why It Works: The first 5 minutes are crucial for gauging market sentiment, and with the data indicating strong bullishness (due to call short covering and put writing), a call option is likely to perform well. Considerations: This strategy requires watching for clear momentum during the first 5 minutes. If the market remains indecisive, it may be better to stay on the sidelines to avoid wasting premium. Strategy 2: Breakout Strategy – Buy Calls or Puts on the Break of Highs This strategy involves waiting for a breakout of the call or put’s high price. The breakout indicates a shift in momentum, and we’ll enter the trade based on whichever direction triggers first. When to Buy the Call: Watch for the call’s high price (389.85). If the call option breaks this level, it signals that the upward momentum is gaining strength. Buy the call to capitalize on the breakout. When to Buy the Put: If the call option doesn’t break its high and the price starts to show weakness, consider buying the put once it breaks its high (360.6). However, the data suggests that the market bias is bullish, so a call breakout is more likely. Why It Works: Breakouts are powerful signals of market momentum. Since the data shows heavy put writing, the call option is more likely to break its high first. This creates an opportunity to buy calls in a bullish trend. Considerations: Always monitor the volume and the price action for confirmation of the breakout. If both calls and puts test their highs without clear direction, consider waiting for a clearer signal. Conclusion: Given the strong bullish sentiment reflected in the options data—call short covering and put writing—the most reliable strategy is Strategy 2. Watch for a call breakout above 389.85 or a put breakout above 360.6 (if the call fails to break its high). The bullish bias suggests that the call option is more likely to outperform, but a breakout in either direction can trigger the strategy. Pro-Tip: Set a stop loss just below the breakout level to manage risk effectively. The market sentiment is heavily tilted towards bullishness, so a call option breakout is the most probable outcome.
NSE:COFORGEEducation
by ruelfernandes
TradeCityPro | IOTAUSDT Identifying a Re-Entry Point for Buying👋 Welcome to TradeCityPro Channel! Let’s analyze one of the oldest coins in the market that has recently experienced a bullish move. Together, we’ll find our entry and exit points. 🌐 Overview Bitcoin As always, before analyzing IOTA, we’ll take a quick look at Bitcoin on the 1-hour timeframe. Bitcoin is currently undecided, consolidating below its resistance and ATH while undergoing a correction. The positive aspect of this is that the volume is decreasing during the correction phase. If you missed the previous entry, you can open a long position at the 106996 resistance with a wide stop-loss at 99851. This level can also act as your spot trading trigger, but only if you don’t hold Bitcoin. Personally, I would wait for Bitcoin’s dominance to drop and then switch my focus to altcoins. 📊 Weekly Timeframe On the weekly chart, IOTA has been within a falling wedge pattern, which is inherently bullish and capable of reversing the primary trend. After breaking the 0.1423 trigger, the bullish move was activated. Before the breakout, the weekly candle engulfed the three previous candles, signaling that bearish momentum had ended and giving an early signal to add this coin to the watchlist. If you entered at 0.1423 or 0.2022, it would have been logical to secure your initial investment and continue holding the remaining coins. For now, there aren’t any clear weekly triggers for a new entry. 📈 Daily Timeframe On the daily timeframe, IOTA has been performing better than most altcoins. While many altcoins have retraced to their daily boxes, IOTA remains above the 0.382 Fibonacci level, which is a strong bullish signal. Momentum entered the coin after breaking the 0.1888 resistance—the top of the daily box—with a strong candle and good volume. At that point, it was possible to enter with a risky stop-loss at 0.1485 or a safer stop-loss at 0.1081. Afterward, the price moved up to 0.4999, showing signs of weakening momentum with smaller candles indicating a potential pullback. If you’ve already entered during the breakout, hold your position for now. You can exit if the price stabilizes below the 0.28 support, but I personally wouldn’t, as the chart still shows a bullish posture. If you’re looking to re-enter or add more, wait for a breakout above 0.4018, which could initiate a new primary bullish trend. The 0.1081 fake breakout triggered a significant reversal, marking the start of a new bullish move. This behavior highlights the importance of recognizing fake breakouts as trading opportunities. If 0.28 is broken, the next support levels to watch are 0.2365 and 0.1888, though it’s unlikely for the price to drop below these levels at this stage. As long as the price stays above 0.28, IOTA remains bullish , Wait for a breakout above 0.4018 to confirm a new bullish trend , Support levels are 0.28, 0.2365, and 0.1888 , IOTA continues to show strength, making it an interesting candidate for long-term holding or strategic trading. 📝 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! ❤️
Long
by tradecitypro
6
TradeCityPro | ICPUSDT Early Entry Points👋 Welcome to TradeCityPro Channel! Let’s update the analysis of ICPUSDT, one of my favorite altcoins. We'll review the new triggers for potential early entries together. 🌐 Overview Bitcoin Before diving into the analysis, as always, let’s take a look at Bitcoin on the 1-hour timeframe. Bitcoin shows potential for upward movement, as recent candles have pushed its price higher. With increasing volume, it could even set a new ATH. A breakout above the 108454 trigger could present a risky long position with a wide stop-loss. As Bitcoin’s dominance is rising, this indicates that bullish movements may first occur in Bitcoin. It’s better to focus on Bitcoin or coins with a strong performance relative to Bitcoin. 🕵️‍♂️ Previous Analysis In our last analysis, the trigger for a long position was 12.476, but it was never activated. Instead, the price rejected from that level, breaking our lower timeframe trigger. Sellers took control, causing Fibonacci levels to be revisited and the price to move towards the 9.821 support. 📈 Daily Timeframe Currently, after rejecting the 11.333 resistance, the price has entered a triangle pattern and is consolidating. A breakout from this triangle seems imminent. When the price rejected from 11.333, we observed increased volume, which isn’t ideal for bullish momentum as it highlights the strength of sellers. However, the price is now sitting on a critical support level, which is also the 0.618 Fibonacci level and the top of the daily box, now acting as daily support. The daily candle looks promising, sitting on a strong support level. You can consider buying based on this setup, but I prefer to wait for the continuation trendline to break or for the 11.333 trigger to be breached. The 11.333 level is especially significant after the recent rejection. If we see increased volume upon breaking it, I’ll enter a position myself. For exiting this coin, as long as we remain above $7, I’ll continue holding unless negative news arises. Keep in mind that my entry point is 3.582, which I previously mentioned. Exiting below $7 would still be in profit for me. However, I recommend exiting at current levels if your entry was higher. ⏱ 4-Hour Timeframe After rejecting the 12.476 level, the price dropped to 9.466, where it seems to have stabilized, and bearish momentum has subsided. 📉 Short Position Trigger I’ll consider opening a short position if the 9.466 support is broken. Profits from this trade will be used to accumulate more ICP, effectively making my holdings cost-free. 📈 Long Position Trigger For a risky long position, you can enter after the continuation trendline breaks. Personally, I prefer waiting for the price to reach 11.411 and break that level before entering a long position. This ensures that momentum has entered the coin, allowing me to trade with greater confidence and potentially set a tighter stop-loss. 📝 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! ❤️
Long
by tradecitypro
9