Supply and Demand
DXY POTENTIAL BUY OPPORTUNITY!DXY (US dollar index) May continue to wax stronger! From the technical standpoint, we can see how price formed a double button and successfully broke the neckline. This is an insight that buyers are likely to dominate the market and trade a new high! Coming week we anticipate retail sales report and Fed rate cuts. It’s good we stay informed and plan accordingly for the week!
Solana- Towards 300 into year's end?Solana has been one of the standout performers this year(from large market caps), with its price steadily climbing around 300%.
In March, Solana’s market cap hit a new all-time high, following a price ATH in November. After this achievement, the price experienced a healthy 20% correction, pausing in an old resistance zone that has now turned into support.
Currently, the price has formed a bullish flag, signaling potential upside momentum. A breakout above the flag’s resistance could lead to another leg higher. As long as the $200 support zone holds, a move toward the next major level at $300 appears likely. Buying dips is the preferred strategy.
BTC Correction Levels in Short TimeBTC most awaited 100k was just $500 away but had been slowly coming down today.
Following Higher Lows are as of now the holding levels to keep the trend bullish for BTC on M15 and H1 .
To break structures and form bear trends, both levels need to be broken and closed below first.
M15 level is 97.5k
H1 level is 95.6k
Disclaimer - Use risk management while trading and prepare your own analysis as well before placing trades.
BTC Range Breakout
BTC Current Consolidation is in a 8.6% price range and about to breakout in upwards direction.
There are multiple demand zones within this range and price is making higher lows, while tapping the supply and soon to break this sell wall.
We may soon see a short squeeze playing out.
BTC is holding the 90k level tightly.
Avoid high leverage positions while trading in this high volatile range.
Use risk management and your own analysis as well.
Bullish Breakouts on 4hour Swing Range
All 3 pairs BTC / BNB / SOL could have had the last dip , before breaking out of this 4hour range .
Strong Bull structure on Daily+4H and even 15mins except BNB that broke it .
If we fail to breakout, and break 4hour range lows, then we might see bearish rallies.
Disclaimer This is only an idea and part of trades that I am doing myself and in no way you should follow this blindly. Use risk management in futures trading.
Bullish Bounceback for BNB
On daily charts, BNB hit a supply Zone and had been reacting to come towards the New Bullish Swing range.
As of now reacting on 50% retracement zone && the POC of Fixed Range VP.
Overall the bias is bullish as price has been crossing above the Weak Swing highs , while creating Stronger Lows, so we can look for buys in 50% equilibrium with Point of interests.
Going into 4hour, shows that last week's demand zones have been liquidated and price came down to test FVG.
1st scenario is we mitigate this demand zone.
2nd scenario is we go further down below in 70% discounted zone to mitigate the original Demand zone that created this Swing. It also has a Daily FVG sitting above it. Chances of this are less as this would create a deep pullback, not in line with the strong uptrend of BNB.
for Long entries wait for Demand Zone to be in effect in 4hour timeframe.
Disclaimer - Always apply your own confluences and use risk management for safe trading.
Key Levels Overview for the Week 12.2024(16-20)🔲Key Levels Overview for the Week🔳
12.2024(16-20)
Dynamic Supports🔀
????
It seems there isn't a clear support level for the upcoming week. Looking at the monthly pivot points and using the levels from last week could be helpful.
Dynamic Resistance🔀
2738
2710
2676
Mid Pivot (🫎bull&bear🐻 zone ch trend)
2877
2779
2683
range of supply and demand
2821
2752
2683
#Gold
Bitcoin bearish divergence - Don't fall in influencers' trap BTC had really good rally so far and looks cooling down and printing bearish RSI divergence in 1D chart.
I feel early next week it may retest ATH (even break above for a brief) grab liquidity and RSI will create lower high. It will trap liquidity and start downward trend and chances of having deep pull back to 73k and consolidate. BTC dominance might reach around 59%. This all happens before Trump's inauguration.
FOMC meeting coming next week, expect some volatility.
Be cautious for next few days.
This will invalidate if we have weekly close above ATH with good volume.
TSLA Flash back to 2021 TopIf you've been following me for a while, I don't really do things like this and just keep focused on stock setups to lead my next best action.
The narrow market in the last couple weeks got me digging and NASDAQ:TSLA run reminding me of 2021 top.
So went a bit deeper and price action is almost identical before that top.
Again, I have no clue what will happen next but what I know for damn certain is that I want to see money start flowing back into the rest of the market before I get aggressive again.
AMEX:IWM AMEX:SPY CSE:QQ
EURUSD Will be in bearish directionHello Traders
In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET
today EURUSD analysis 👆
🟢This Chart includes_ (EURUSD market update)
🟢What is The Next Opportunity on EURUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
RSRUSDT: Prime Demand Zone on Lower Time FrameThe blue box marks the strongest demand zone on the lower time frame for RSRUSDT. This level is ideal for potential buy entries, as it represents an area where buyers are likely to step in aggressively.
Watch for price reactions within this zone and consider lower time frame confirmations for optimal entries. Always manage 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: 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
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
A nice end to the week with gold giving us the long into the level we wanted and then the red box reaction giving the short trade. We're now approaching the key level support and order region 2650-55 which is where we would expect a potential RIP.
For now, we're done for another successful week on the markets, red boxes playing out perfectly, the KOG Report near enough with a little modification to the plan.
Wishing you all a great weekend ahead and we'll be back on Sunday with the KOG Report and our view for the week ahead.
As always, trade safe.
KOG
KMDUSDT | %1500 VOLUME INCREASE BIG OPPORTUNITYKMDUSDT: Buyer Activity Surging with Strong Demand Zones
KMDUSDT is showing a 1500% increase in daily volume, reflecting intense buyer activity. The blue boxes on the chart highlight key demand zones, ideal for potential buy opportunities.
For more precise entries, consider trading lower time frame market structure breaks within these zones.
These setups often yield strong reactions, enhancing risk-to-reward potential. As always, apply proper risk management.
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: 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
ADAUSDT | The Blueprint for a Potential ReboundIn the current market structure, the blue boxes on the chart may serve as potential demand zones.
These areas are key levels where buying interest could emerge, providing support for ADA's price.
If the price revisits these zones, they could act as strong entry points for a potential bounce. However, it’s essential to monitor how price reacts upon reaching these levels and wait for confirmation signals to ensure the zones hold as valid support.
I keep my charts clean and simple because I believe clarity leads to better decisions. Trading doesn’t have to be overly complicated, and I enjoy sharing setups that have worked well for me.
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. It’s all about learning and growing together as traders, and I’m here to share what I see.
The markets can confirm what the charts whisper if we’re paying attention. I hope these levels help you as much as they’ve helped me in the past. Let’s see how this plays out!
My Previous Hits
🐶 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
EURJPY : Cluster Resistance Aligns with Bearish ContinuationWelcome back! Let me know your thoughts in the comments!
** EURJPY Analysis !
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPJPY Long or Short PotentialHi Traders!
At this moment, I am starting to see we're in a range between 194.000 and 195.000. In order for me to get into this trade again, upside or downside, I need a little more confirmation where price wants to go.
If price can break above 195.000 with follow through- I will consider the long. If price breaks below 193.000 with follow through, then I will look for the short.
My long target would be around 197.000. This will bring us to another sell stop area. Short target 193.000/192.000. That will bring price to retest the CHOCH area. I've learned that price does like to return to previous CHOCH areas and potentially bounce for the long. Lets see what the market gives us!
Patience Pays.
*DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
BTC 1h updateAt 9 AM on December 13, the market established a balance. I'm anticipating the price to approach the resistance level at 100,480. At this point, we might experience either a false breakout or a genuine breakout. If a reliable upthrust occurs, it could present a favorable entry opportunity on the 5-minute chart. It's important to note that a spring pattern formed at the support level at 9 AM. Additionally, selling volume has been slightly lower than buying volume, and the approach to resistance has shown moderate strength. Let's remain patient and observe how the situation unfolds.