Supply and Demand
Long trade
4Hr TF overview
Trade Setup Breakdown:
Trade Type: Buyside (Long position)
Date: Monday, December 16, 2024
Time: 5:00 AM
Timeframe: 4-hour (4H) chart
Session: Tokyo to London (AM session)
Entry 1.42471
Profit level 1.45600 (2.20%)
Stop level 1.42119 (0.25%)
RR 8.89
Reason: Overlooking the 4Hr TF and monitoring USDCAD indicates buyside momentum at this time.
Gold Trade plan 202/12/2024Dear Traders,
Gold Still Hold 2590 Level , i expect price will be start Downward movement from 2636-2637 level and my final Target is 2650-2660 Area ,
"If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
TON will become bullish soon (12H)Currently, there is a significant support zone where we believe the main and large buyers are located.
By maintaining the green zone, the price can move towards a new ATH.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
WIF/USDT: DOUBLE TARGET SETUP - 160% POTENTIAL MOONSHOT
Technical Analysis:
- Current price: 1.917 USDT
- Strong support level forming at trendline confluence
- Significant volume spike indicating potential reversal
Entry Strategy:
✅ Strategic Entry: 1.500 USDT
- Key historical support zone
- Trendline support confluence
- Oversold conditions on multiple timeframes
Target Projections:
🎯 Target 1: 2.930 USDT (95% ROI)
- Major resistance level
- Previous market structure
- Key psychological level
🎯 Target 2: 3.918 USDT (161% ROI)
- All-time high retest zone
- Major fibonacci extension level
- Huge potential reward zone
Risk Management (CRITICAL):
⚠️ Stop Loss: -5% below entry
- Clear invalidation point
- Protected by major support
- 1:19 and 1:32 Risk-Reward ratios
Key Catalysts:
- Major trend line support holding since August
- Volume profile suggesting accumulation
- Multiple timeframe alignment
- Clear market structure for upside
Trading Plan: 🚨
1. Scale in near 1.500 USDT
2. First take-profit at 2.930 (50% position)
3. Trail stops after first target
4. Hold remainder for moonshot target
⚠️ Important Notes:
- High-conviction multi-target setup
- Patience required for entry
- Volume confirmation essential
- Scale-in approach recommended
🔔 Remember:
- DYOR (Do Your Own Research)
- Never risk more than you can afford
- Set proper position sizes
- Follow your trading plan
#Crypto #WIF #TechnicalAnalysis #SpotTrading #CryptoGems #MoonShot 🚀
Would you like me to break down any specific aspect of this analysis further?
NIFTY 50 20th December 2024If you're looking to initiate a buy trade near this level with a small stop-loss, here's a possible strategy based on the chart:
Stop-Loss (SL):
Place the stop-loss slightly below 23,660 to limit downside risk in case the support breaks.
Target Levels:
First Target: 23,780
Second Target: 23,825.55
AXL/USDT: MAJOR ASCENDING CHANNEL - 85% PROFIT POTENTIAL SETUPTechnical Analysis: 🎯
- Trading within a strong ascending channel since August 2024
- Current price: 0.7145 USDT
- Price retesting major channel support - prime entry zone
Entry Strategy:
✅ Strategic Entry: 0.7007 USDT
- Perfect channel support confluence
- Higher lows pattern maintained
- Volume profile showing accumulation signs
Target Projection:
🎯 Primary Target: 1.3114 USDT (87% ROI potential)
- Channel resistance alignment
- Historical resistance zone
- Clear upward trajectory within channel
Risk Management (CRITICAL):
⚠️ Stop Loss: -4% below entry
- Protected by channel support
- Clear invalidation level
- Impressive 1:21.75 Risk-Reward ratio
Key Technical Factors:
- Ascending channel providing clear direction
- Multiple touches validating channel strength
- Price action showing healthy pullback to support
- Volume confirming key reversals at support
Trading Plan:
1. Enter at 0.7007 USDT
2. Stop loss at -4% for capital protection
3. Partial profits recommended at channel midpoint
4. Final target at upper channel resistance
⚠️ Important Notes:
- Channel trades require patience
- Watch for bullish confirmation at entry
- Volume confirmation crucial
- Always use proper position sizing
🔔 Remember:
- DYOR (Do Your Own Research)
- Risk management is crucial
- Market conditions can change
- Follow your trading plan strictly
#TechnicalAnalysis #AXL #Crypto #SpotTrading #ChannelTrading #CryptoTrading
Would you like me to provide alternative title options or elaborate on any aspect of this analysis? 🚨
LTC | ALTCOINS | Sinking Ship? Verdict is inLTC has been a topic of many discussions during 2024, with the biggest question being around it's ability to reclaim past highs (and make a new ATH).
Similarly to UNI and ADA (to name a few), Litecoin has been unable to break out above it's immediate major resistance zones. This goes to show that there are bag-holders creating major supply zones. This is NOT GOOD for any coin, as it really damages it's potential for organic growth.
________________________
BINANCE:LTCUSDT
USDJPY: Multi-Time-Frame OutlookHello Traders,
A weekly close above 159.00 strengthens the bullish outlook for the next 3 to 4 months.
Conversely, a break and close below 154.50 on the daily timeframe suggests a possible decline towards 148.00.
Currently, we anticipate a rebound from the 156.77-156.40 zone.
However, a solid close below 156.40 and a break of the ascending channel would increase the likelihood of a drop to 155.50.
BONK: MASSIVE 75% BREAKOUT SETUP - DON'T MISS THIS OPPORTUNITY🎯 BONK/USDT Spot Trading Setup - High Probability Play
Technical Analysis:
- Strong accumulation zone identified at 0.00002697 USDT
- Price forming a potential bottom reversal pattern after sustained bearish momentum
- Critical resistance levels breached showing strength in buying pressure
- 200 volume spike confirms institutional interest at these levels
Entry Strategy:
✅ Strategic Entry: 0.00002697 USDT
- Optimal entry zone identified at major support confluence
- Multiple timeframe alignment suggests strong probability setup
- Risk-managed position sizing recommended
Target Projection:
🎯 Primary Target: 0.00004722 USDT (75% ROI potential)
- Key psychological resistance level
- Historical reaction point
- Fibonacci extension alignment
Risk Management (CRITICAL):
⚠️ Stop Loss: -5% below entry
- Tight stop placement below major support
- Capital preservation is priority
- 1:15 Risk-Reward ratio makes this an extremely attractive setup
Key Catalysts:
- Market structure showing signs of reversal
- Volume profile supporting accumulation thesis
- Macro factors aligning for potential upside momentum
Additional Notes:
- Scale in approach recommended
- Position sizing crucial for risk management
- Set alerts at key levels: 0.00003075, 0.00003011 for momentum confirmation
🔔 Remember:
- DYOR (Do Your Own Research)
- Never risk more than you can afford to lose
- Market conditions can change rapidly
- Use proper position sizing
This is a technical analysis-based setup. Feel free to share your thoughts and conduct your own analysis before making any trading decisions. Let's discuss in the comments!
#Crypto #TechnicalAnalysis #SpotTrading #BONK #Trading #CryptoTrading
PEPEUSDT: Technical Insights and Trading Strategy
Market Overview
- PEPEUSDT is currently in a corrective phase after a sharp decline, with price approaching a key demand zone around 0.00001578 USDT.
- The analysis suggests potential accumulation and a bullish recovery if the support holds.
---
Technical Analysis
1. Support and Resistance Levels:
- Support Zone:
- 0.00001578: Key accumulation level identified for potential entries.
- Below this level, price may test the next support near 0.00001450.
- Resistance Levels:
- 0.00001900: Initial resistance for price recovery.
- 0.00002514: Target resistance zone aligned with the bullish breakout projection.
2. Fibonacci Retracement:
- The price has retraced deeply, approaching the 78.6% Fibonacci retracement level, a common area for reversals in crypto markets.
3. Trendline Analysis:
- A potential reversal pattern is visible as price consolidates near the demand zone.
- A breakout above 0.00001900 confirms a short-term trend reversal.
---
Momentum and Indicators
1. RSI (14):
- RSI is approaching oversold conditions, signaling potential bullish divergence.
- A rise above 40-50 would confirm increasing bullish momentum.
2. Volume Analysis:
- Decreasing sell volume near support suggests diminishing bearish pressure.
- A spike in buy volume at this level would reinforce the reversal signal.
---
Trading Plan
1. Entry Points:
- Accumulate positions near 0.00001578.
- Add more positions on breakout confirmation above 0.00001900.
2. Stop-Loss:
- Place stop-loss below 0.00001500 to manage downside risk.
3. Profit Targets:
- Primary Target: 0.00002514 (aligned with the chart projection).
- Stretch Target: 0.00002800, if bullish momentum persists.
4. Risk Management:
- Risk no more than 2% of total capital on this trade.
---
Scenarios
1. Bullish Scenario:
- Price holds the 0.00001578 level and breaks above 0.00001900 with rising volume.
- Targets 0.00002514, with possible extension to 0.00002800.
2. Bearish Scenario:
- Failure to hold the 0.00001578 support may lead to further downside, targeting 0.00001450 or lower.
---
Pro Summary
PEPEUSDT is showing signs of accumulation at a critical support level. A breakout above 0.00001900 will confirm a reversal toward 0.00002514 and higher. Traders should exercise caution and set strict stop-loss levels to minimize risks.
---
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading cryptocurrencies carries significant risk, and you should conduct your own research or consult a financial advisor before making investment decisions.
USDJPY: Pullback From Key Level📉 The USDJPY appears to be overbought following yesterday's bullish movement.
The price might pull back from the highlighted blue daily resistance, potentially reaching at least the 156.48 level.
Additionally, I spotted a double top pattern on the hourly chart, which serves as confirmation.
NQ Power Range Report with FIB Ext - 12/20/2024 SessionCME_MINI:NQH2025
- PR High: 21429.25
- PR Low: 21363.00
- NZ Spread: 148.25
Key scheduled economic events:
08:30 | Core PCE Price Index (YoY|MoM)
Value decline continues below daily Keltner avg cloud
- QQQ gap filled
- Maintaining vols since FOMC triggered selling
- Next key pivot, 20920 zone from Nov 27
Session Open Stats (As of 12:40 AM 12/20)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 345.51
- Volume: 51K
- Open Int: 237K
- Trend Grade: Bull
- From BA ATH: -5.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
BITCOIN | IF DECLINE GOES DEEPERThe possibility of a deepening decline appears serious, and it’s essential to stay prepared for such scenarios. I have identified my hedge short levels at the red boxes, which I consider key areas for managing risk and capitalizing on potential downward movements.
Monitoring these levels closely will be crucial to adapting effectively to the market's evolving structure.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
Updated Analysis According to Current Market ConditionsFLOKIUSDT: Monitoring the Blue Box Support Areas
In this analysis, the blue boxes are identified as potential support areas where buying pressure could develop. While the market sentiment is currently unfavorable, the price has revisited my previously marked blue boxes. Based on this, I have chosen to add to my positions, confident in the structural importance of these zones.
Trading Strategy
Lower Time Frame Reactions: It's critical to observe how the price reacts within these blue box zones. Signals such as bullish candlestick formations, increased volume, or divergence patterns could indicate a reversal opportunity.
Long Trade Setups: Trades can be structured by leveraging these lower time frame confirmations, ensuring a clear entry and exit strategy aligned with market conditions.
Summary
Despite the broader market looking weak, the blue boxes in FLOKIUSDT offer potential support and a chance to position for a bounce. By focusing on reactions in these zones, traders can adjust their strategies to the prevailing conditions while managing risk effectively.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
Corn - Back into Stable RangeWhen the 441'0 historical resistance level is reached from below after having not been approached from below in at least a few months, it has served as resistance 5 out of the last 8 times. The theory here is that it will serve as resistance again and that corn will fall back into the "stable range" of 316' to 441'. There is a downtrend channel which also is serving as resistance. If the bearish theory fails, the upside potential is significant. Downside and upside targets are shown on the chart. This is one to watch and see how it plays out on hourly/daily TFs with a bearish bias. I'm bearish below 441', cautiously bullish above. No trade entry at this point.
Strax/USDT %400 Daily Volume Increase!STRAX/USDT has experienced a notable 400% increase in daily volume, which is worth monitoring. However, given the broader market downturn, it would be more prudent to focus on extreme demand areas for potential opportunities.
I’ve identified the blue boxes as key zones to watch. That said, I plan to approach this with caution and avoid taking excessive risks in this uncertain market environment.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
My Previous Analysis
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total