Alikze »» BNB | Ascending Wave 3 or C Scenario - 1D🔍 Technical analysis: Ascending Wave 3 or C Scenario - Reverse Head and Shoulders pattern and bullish channel
- It is moving in an ascending channel in the daily time frame.
- According to the analysis presented in the previous post , after the inability to break the supply area, the range of 530 to 545 faced correction, which after the correction in the Liquidity Area, it faced demand. After that, it entered an upward rally and then From the failure of the supply zone (545-53) and pullback, it entered the upward continuation phase.
- As can be seen, after the correction in the Liquidity Area, a head and shoulders pattern has also been formed.
- It is currently in the supply area.
Therefore, in case of selling pressure, it can face the demand again by correcting in the bottom area of the channel, and after the failure of the supply area and pulling back to it, it can continue its growth until the next supply area, which is also the ceiling of the ascending channel.
💎 In addition, if he can break the supply zone that is the range of the previous hundred fibo wave (the ceiling of the channel), he can continue his growth by pulling back to it until the next supply zone.
⚠️ Note: In addition, it should be noted that this upward wave should not enter the Liquidity Area, touching the number 470.9 will invalidate the upward scenario. ⚠️
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BINANCE:BNBUSDT
Supply_and_demand
USDJPY /BETWEEN FVG AREA / 4HUSDJPY / 4H TIME FRAME
HELLO TRADERS
The price is attempting to reach a Fair Value Gap (FVG) between 150.961 and 152.784. This suggests the price is in a critical area that could lead to potential buying or selling opportunities.
There’s a possibility of the price retesting 148.340 before starting to rise. This indicates that the author believes the price might dip before moving upwards.
The statement notes that the overall price is under bearish pressure, meaning there is a downward trend. The reference to remaining below the FVG indicates a struggle for the price to rise past this zone.
If the price does not break above the FVG, the analysis suggests it may decline further, targeting the FVG between 148.340 and 146.430. This is interpreted as a confirmation of a downtrend.
To confirm a downtrend, the price must break below the current FVG, aiming for a secondary FVG between 145.291 and 144.379. This indicates a bearish outlook if these levels are breached.
UPWARD FVG : 150.961 and 152.784.
DOWNWARD FVG : 148.340 and 146.430 , 145.291 and 144.379.
US30 / UNDER Q3 EARNING , AFTER BREAKOUT THE CHANNEL / 4HUS30 / 4H TIME FRAME
HELLO TRADERS
The chart mentions a breakout from a price channel followed by the publication of Q3 earnings, suggesting that these two events contributed to the rise in the US30’s price, reaching a new all-time high (ATH) of 43,323.
It notes that prices are currently trading below the ATH, implying a potential pullback or correction.
The analysis identifies a demand zone between 42,877 and 43,649. The text suggests that if prices stabilize within this zone, there is potential for a bullish reversal, with prices possibly rising back to the ATH and even reaching new historical peaks between 43,620 and 44,005.
For a bearish scenario to play out, the text suggests that prices would need to break below a Fair Value Gap (FVG) between 42,404 and 42,238. Breaking this level could confirm a downtrend.
Despite the potential for a pullback, the overall tone of the analysis is bullish, as prices are said to be under upward pressure after breaking out of the channel.
ATH : 43323
Demand Zone : 42,877 and 43,649.
FVG : 42,404 and 42,238.
XAUUSD / BREAKOUT THE CHANNEL AND ATH AT 2,685$ / 1HXAUUSD / 1H TIME FRAME
HELLO TRADERS
The asset is experiencing upward momentum after breaking out of a channel, suggesting a bullish.
The price has broken its previous ATH at $2,685 and is currently attempting to reach a new ATH at $2,700. ATH levels are significant as they represent new highs in price, and breaking them often signals bullish strength.
The price is hovering around a fair value gap between $2,685 and $2,682. As long as it stabilizes above this range, it suggests further potential for upward movement towards $2,700 and even $2,720.
If the price breaks below this FVG, it may decline toward a demand zone between $2,676 and $2,670. Breaking this demand zone would indicate a further decline.
Demand Zone : 2,676$ and 2,670$.
FVG : 2,685$ and 2,682$.
NAS100USD / TRADING INSIDE FVG AREA / 1H NAS100USD / 1H TIME FRAME
HEELO TRADERS
Price Movement and Supply Zone , After prices increased and reached a supply zone, they began to decline , A supply zone refers to a price area where selling pressure exceeds buying pressure, causing the price to drop.
Current Trading Range (FVG) , The price is currently trading between 20,272 and 20,200, which is considered an FVG (Fair Value Gap) , FVG represents an imbalance between buyers and sellers, where prices move quickly and leave a gap that hasn’t been filled. The price is stabilizing within this zone.
Expected Price Movement , If prices hold within this FVG range, there’s an indication that they may increase and test the supply zone between 20,416 and 20,521 ,However, if the price breaks below this FVG area, a further decline is expected towards a demand zone between 20,138 and 20,068.
Demand Zone and Potential Rebound , The demand zone, where buying pressure is stronger than selling pressure, suggests a potential price increase if the price stabilizes in this zone , But if the price breaks below this demand zone, it signals confirmation of a downtrend.
Supply Zone : 20,416 and 20,521.
Demand Zone : 20,138 and 20,068.
FVG : 20,272 and 20,200.
EUR-USDThis EUR/USD chart shows a recent decline after reaching a resistance level around 1.12137, forming a double-top pattern that suggests a trend reversal. The price has since dropped sharply and is approaching a significant "Order Blocker" zone between 1.07515 and 1.08022, where institutional buying may occur.
If the price holds in this area, a potential bounce toward the 50% retracement level near 1.1000 could happen, indicating a bullish correction. However, if the price breaks below this zone, further bearish momentum could push it toward the next support at 1.0715.
In summary, the market is currently bearish, but the reaction at the "Order Blocker" will determine whether a reversal or further decline is likely. Traders should monitor this key zone closely.
Sell ETH/USDT Channel BreakoutThe ETH/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 2620, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2488
2nd Support – 2410
Stop-Loss: To manage risk, place a stop-loss order above 2700. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
XOM Long DailyAsset Class: Stocks
Income Type: Daily
Symbol: XOM
Trade Type: Long
Trends:
Short Term: Up
Long Term: UP
Set-Up Parameters:
Entry: 120.51
Stop: 119.13
TP 124.53 (3:1)
Trade idea:
2H fresh demand zone formed by a rally-base-rally near the breakout level, with a Fair Value Gap above it and a 1:3 risk-reward ratio. The RSI is oversold.
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.
Sell EUR/CHF BreakoutThe EUR/CHF pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Wedge Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9385
Target Levels:
1st Support – 0.9350
2nd Support – 0.9330
Stop-Loss: To manage risk, place a stop-loss order above 0.9410. This helps limit potential losses if the price falls back unexpectedly.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
AUDUSD sellI was bullish in AUD USD last week but as i have observed the chart technically i am expecting a bearish move over the pair, AUD vs US dollar has made a move downward 👇 this week as far technical data is concerned the pair has made a falling wedge pattern a downward move is expected other confluence is 50 SMA , price is moving under the SMA which is another confluence for the price to be bearish we have observed the pair from Monthly to Weekly to Daily to H4 to H1 price is in bearish trend 📉
XAUUSD / RANGE BETWEEN 2,68$ AND 2,645$ / 1H XAUUSD / 1H TIME FRAME
HELLO TRADERS
The market experienced a significant price rise, with a 230 pip profit after reaching a demand zone (an area where buying interest is strong).
Prices are now trading between $2,668 and $2,645, creating a defined range.
A break below $2,645 signals a potential further decline to the next demand zone between $2,645 and $2,636.
A break above $2,668 could lead to a price rise, first to an all-time high (ATH) at $2,685.
If prices break above $2,685, the market might witness new historical peaks.
Supply Zone : 2,668$ and 2,685$ ( ATH ).
Demand Zone ; 2,645$ and 2,636$.
XAUUSD / BREAKOUT THE TREND / 1HXAUUSD / 1H TIME FRAME
HELLO TRADERS
Price Movement on Friday , The price rose by 0.93%, trying to reach $2,668 before declining to
$2,645 and $2,636.
Key Level at $2,668 , If the price breaks and stabilizes above $2,668, further upward movement is expected. The target for this rise is the all-time high (ATH) at $2,685.
Stabilizing Below $2,668 , If the price stabilizes below $2,668, it suggests a continued decline toward $2,645 and $2,636.
Breaking the ATH of $2,685 , If the ATH is broken, prices are predicted to move into a new historical zone between $2,700 and $2,710.
Breaking the Demand Zone at $2,636 , If prices break below and stabilize under $2,636, it
indicates further declines.
Trading Range , The price is expected to fluctuate between $2,685 and $2,604 overall.
Key Points:
Price Target Levels: $2,668, $2,685 (ATH), $2,700-$2,710 (new zone), and $2,636 (demand zone).
NAS100USD / UNDER UPWARD PRESSURE / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
The price is attempting to re-enter a supply zone between 20,356 and 20,209. A supply zone is a price range where selling pressure may increase, potentially driving the price down.
If the price breaks below this supply zone, it is expected to move toward a demand zone between 19,883 and 19,727. A demand zone is a range where buying pressure might increase, supporting the price and potentially causing it to rise.
If the price closes a 4-hour candle either inside the supply zone or demand zone, it suggests increased momentum in that direction
If prices close in the demand zone and then recover, there is a potential to move upward toward the next supply zone, between 20,607 and 20,796.
Supply Zone : 20,607 and 20,796.
Demand Zone : 19,883 and 19,727.
MSFT Long IntradayAsset Class: Stocks
Income Type: Daily
Symbol: MSFT
Trade Type: Long
Trends:
Short Term: Up
Long Term: Down
Set-Up Parameters:
Entry: 416.74
Stop: 413.37
TP 423.47 (2:1)
Trade idea:
Waiting for a retest of the 15Min demand zone formed by Drop -base-rally at the channel breakout,
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.
Roblox Long IntradayAsset Class: Stocks
Income Type: Daily
Symbol: RBLX
Trade Type: Long
Trends:
Short Term: Up
Long Term: Down
Set-Up Parameters:
Entry: 40.69
Stop: 39.80
TP 42.47 (2:1)
Trade idea:
15Min demand zone formed by a Rally -base-rally at the breakout level, with a Gap up and a 1:2 risk-reward ratio. Confirmation Entry when The stock bounce back from the DZ
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.
ARTY/USDT Time to BuyArtyfact (ARTY) stands out as an AI-driven gaming metaverse that merges cutting-edge game technologies with blockchain and GameFi modes. This platform allows users to engage in AAA GameFi games, earn ARTY, and trade game assets as NFTs.
Technical Analysis :
The ARTY/USDT pair on the Daily timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triple Bottom Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming Days.
Price Breakout the Trendline and Retesting in Support Zone. Its Time to Buy ARTY.
Fundamental Updates :
1. Market capitalization of Artyfact (ARTY) is $8,561,852 and is ranked #1540 on CoinGecko today and 21 Million tokens are tradable on the market today. The trading volume of Artyfact (ARTY) is $807,002 in the last 24 hours.
2. The token is available for trading on exchanges such as Bybit, OKX, Bitget and BitMart, reflecting its growing popularity.
3. The launch of the Artyfact Telegram App, Artyfact Beta, Play-and -Earn Tournament and other big upcoming events will boost AMEX:ARTY ’s price.
Here’s what’s coming soon:
Artyfact Beta Launch , Beta Playtest , Creator Contest, Play-and-Earn Leaderboard Tournament, Metaverse Event and more
The upcoming launch of the Artyfact Telegram app, the Artyfact Beta, the Play-and-Earn tournament, along with other major events, is set to drive a significant increase in AMEX:ARTY ’s value.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
T-Mobile US (TMUS) Long Daily 14/10/24Asset Class: Stocks
Income Type: Daily
Symbol: TMUS
Trade Type: Long
Trends:
Short Term: Up
Long Term: UP
Set-Up Parameters:
Entry: 211.71
Stop: 210.78
TP1 211.71 (1:1)
TP2 213.58 (2:1)
TP3 214.5 (3:1)
TP4 215.45 (4:1)
Trade idea:
1H fresh demand zone formed by a drop-base-rally at the breakout level, with a Fair Value Gap above and a 1:4 risk-reward ratio. The stock has been in an uptrend channel since September 23.
!!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry.
Trade management:
**When price hits 1:1 or T1, consider moving stop to entry in case of pullback.
**Disclaimer**:
The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.
TSLA BULLISH
Tesla's recent event showcased the Cybercab and Robovan, advancing its vision of autonomous transport, but it left investors questioning the practicality and timelines. This skepticism led to mixed reactions and a drop in Tesla's stock. But is the media framing this as purely bearish news to trigger a reaction, or does it present a strategic buying opportunity?
Our Supply and Demand Analysis Perspective:
>On the Weekly chart, Tesla’s price drop landed right in the Weekly Demand Zone, indicating a value area where price is relatively low. This positioning suggests that last week’s news may have actually created an ideal entry point for investors.
>The Daily chart also shows the price hitting a Demand Zone due to the news, making it a potentially opportune time to buy as Tesla continues to achieve milestones in autonomous tech.
What’s Next?:
>Price could consolidate within the Demand Zone, allowing for accumulation, or it might rally right away, responding to demand in this price area.
We’ll also be watching for the price to target opposing gaps and the Supply Zone identified on the chart, which could serve as key levels for future resistance.
***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
Let’s see how this plays out... 👀👀
ANALIZING PALANTIR ITS JUST COMMON SENSE... BUT BE VERY CAREFULLLet’s welcome Palantir (PLTR) into the weekend analysis!
As we can see in the chart, today I wanted to do general structure analysis not too specific, as we are practically touching the highest level again in nearly 4 years.
Congratulations to all who bought at $12–16 per share and are still holding Palantir, but as I show in the chart, from point A to point B, it took almost 4 years to reach these levels again.
But here’s my question: WHAT WOULD YOU DO IF YOU BOUGHT AROUND $40 IN 2021?
I’d love to know, as this situation can greatly influence each person’s psychology when making a fundamental decision in trading.
(LEAVE YOUR OPINION IN THE COMMENTS)
I want you to know that I don’t just focus on price analysis. I also study company valuation. Based on a fundamental analysis of its balance sheet and recent moves by PLTR, I’ve concluded that Palantir is currently 171% above its intrinsic value.
In my personal opinion, my decision leans more toward common sense…
What do I mean?
1. Palantir is 171% overvalued.
2. Palantir is diluting its investors like crazy! In every quarterly report.
Do you know what dilution is?
Stock dilution can be harmful to shareholders because the value of each share is reduced, even though the investor holds the same number of shares. This is because the total value of the company doesn’t increase proportionally with the number of shares.
Palantir is an excellent company, although it’s a bit complicated to understand what they do and how they make money. But in my personal opinion, a company that dilutes its investors is nothing but a red flag to me—and a big red flag—because I call this the silent killer for investors.
At this point, PLTR is more on the hype side!
If Palantir reports well in November, we could see the stock above $50 per share, BUT if Palantir reports anything that doesn’t meet investor expectations, any data that falls short… Buckle up!
But how much could it fall? The truth is, I don’t know. But if we base it on technical analysis, I have an important inflection point (purple zone) where I expect the price to bounce after a sharp drop. BUT CAUTION! Only if Palantir doesn’t meet expectations.
An inflection point in trading refers to a critical moment on a price chart where the trend or price direction is expected to change. It marks the transition from one phase of price movement to another, often signaling a turning point in market sentiment or momentum. Traders pay close attention to inflection points as they may indicate a radical trend shift.
Traders use these points to adjust their strategies, such as entering or exiting positions, to capitalize on the expected change in price direction.
BUT WHAT WILL REALLY HAPPEN? I don’t know, maybe this time it will be different—who knows? But the only thing I can tell you is that numbers don’t lie, and neither does price action.
So, I hope the decision you make is the right one!
Thank you for supporting this analysis.
Sending you my best regards!