ETHBTC Is Sitting At Strong Monthly SupportETHBTC cross pair has been trading bearish for the last two years or so due to Bitcoin dominance, but now that Bitcoin dominance is slowing down and ALTcoin dominance kicking in, seems like we are in the ALTseason and ETHBTC pair may see a recovery soon.
ETHBTC chart can be actually still trading in a correction within uptrend. It’s right now sitting at interesting and strong support area when looking at the monthly chart. We have strong monthly trendline and impulsive five waves up, followed by a three-wave A-B-C correction into an important 67,8% Fibo retracement, which is a bullish pattern from technical and Elliott wave perspective. We are actually already in the ALTseason and if ETHBTC pair is really about to bounce and starts recovering soon, then ALTseason may resume and Ethereum can be one of the strongest.
Support
PRICE ACTION MODULEIn this analysis we are focusing on 30M time frame for GOLD. According to my BIAS and my strategy I'm looking a buy trade opportunity. Let's wait and watch which opportunity market will give us.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analyze or prediction.
#XAUUSD M30 Technical Analyze Expected Move.
VANRY/USDT: 50% PROFIT POTENTIAL SETUP!!🚀 Hey Traders! 👋
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VANRY Looking Strong! 📈
VANRY is forming a symmetrical triangle on the 4-hour time frame and is holding the lower trendline like a champ. A solid bounce looks imminent from here. This could be your chance to catch a big move early! 🚀
📌 Trade Setup:
Entry Range: CMP and add more up to $0.138
Targets: $0.16 / $0.178 / $0.192 / $0.214 🎯
Stop Loss: $0.132 (Keep risk in check)
Leverage: Low leverage only (Max 5x)
💬 What’s Your Take?
Are you seeing the same breakout potential? Drop your thoughts, analysis, or predictions in the comments—let’s strategize and ride this wave together for massive profits! 🌊💰
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Solana's price remains in the support zone!Hello everyone, I invite you to review the SOL chart in pair with USDT on a one-day time frame. As we can see, the price of salt was moving in a downward trend channel, from which the price came up, and the increase itself, as is often the case in such a situation, is close to the height of the channel in which we were moving.
Next, we can see how the price increase to the upper limit of the resistance zone from $238 to $261 has been rejected, only breaking it can result in an increase to the strong resistance at $298.
However, here you can see how the price quickly returned to the lower range of the zone, from which the breakout resulted in a quick return to the support zone from $203 to $185. Currently, the upper limit of the zone is maintained by the cane, but if we see a rebound again and the zone is broken, the price may quickly return to around $165.
When we look at the MACD indicator, we will see that we are still in an upward trend, but the recent recovery has made a lot of room for possible further increases.
GOLD ANALYZEHere we are analyzing 2H time frame for gold. By using trendline and price action module. According to this analysis I'm looking sell trade when price come into our zone than we will take some confirmation like candles confirmation and price action and than after strong confirmation we will take sell trade.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis or prediction.
#XAUUSD 2H Technical Analyze Expected Move.
LTC gets a strong reboundHello everyone, I invite you to review the LTC pair to USDT chart, looking at the one-day interval.
As we can see, the price moved dynamically from the downward trend line, but here we can also see a sharp return near the trend, as well as a drop to a very strong support zone from $107 to $96, if the zone does not maintain the price, we will be able to observe an equally rapid decline to support at $83.
Here it is worth looking at the place where the price made a quick change in direction, as you can see, we bounced off the strong resistance zone from $142 to $152, only the exit from this zone can give positive energy for an upward movement towards the second resistance zone from $200 up to $214.
It is worth looking at the RSI indicator, which shows how the downward movement resulted in a rebound close to the support line, which leaves room for a new future price increase.
ETH $3500 or moon soon?Well she tried to break out yesterday but was rejected, and ultimately pulled back to support. that support is short-medium length running, as it has provided support here 4 times in the past month and now we are hoping for a 5th time.
But even if it breaks down here, we would be likely to see it go back down to the bottom of this ascending channel, at around $3500 depending on when we arrive there, its also the 200 (4hr candle) moving average. There is a strong likelihood that if we test this area we will hold support with double support, however in the unlikely event that support also broke down, we could be looking at heading back down to red line, which also is not unhealthy, when an asset breaks out, to come back and test its prior resistance as support, ETH never did do that.
Here is the 1 day candle charts, just to show ETH was in a year decline when it broke out into this structure we are examining closer in this write up.
Notice in the chart in this write up, the red line at the bottom, it is the dominate descending red line in that one day candle chart above.
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Something else though both ETH and BTC their order books sentiment is not so strong right now. I use CMF and i like to look at orderbooks from 10% depth of market to 100% depth of market and I watch the trendline of the asks, because, the more asks at 10-100% depth of market, thats positive sentiment, thats a lot of traders that have set limit orders expecting the price to go up. Where as when we see a rise in bids in the 10%-100% depth of market range, it means more traders are setting up to buy an anticipated coming dip, so they expect the price to drop. For ETH over the last month as the price has jumped, the asks above 10% have continued to decline and now recently the bids above 10% have started to run up. But also everything goes in waves, it would make sense that soon we could start another wave up and then its just a question of if it will be a bigger or smaller wave, indicating a growing or shrinking overarching "Greed".
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So the alternative to it breaking down here, which the recent market makes it seem more likely, is that we go back and try to break that resistance again and this time, succeed and make a nice strong run on ETH, but we have to be prepared for either.
My gut says based on the recent strength of the market, we will start to see order books push a new cycle of increased trader confidence and see a break out here instead of a break down but the data above suggests a very real potential for a a pullback here. Overall, this still appears really early in ETH's break out from its year decline, I think we can expect much higher highs in the future with the only question being, how far in the future.
As always be vigilant and adaptive, and DYOR!
XRP $3.00 Still Active - Consolidation looks BullishSince my last BINANCE:XRPUSDT Trading Idea the altcoin consolidated more sideways and breached the trend line. Nevertheless, as long as the support zone at around $2.18 is holding, the setup remains intact. Bitcoin still hovers below $100K and tries to break out to the upper side. This will be the catalyst for this trade. Same goes for most of the other altcoins out there.
Target Zone
$3.00
Support Zone
$2.18
COTI/USDT 1D chart reviewHello everyone, let's look at the 1D COTI to USDT chart, in this situation we can see how the price broke out of the first and then the second downtrend line, which gave dynamic upward movements.
Let's start by setting goals for the near future, which include:
T1 = $0.196
T2 = $0.233
T3 = $0.279
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $0.163
SL2 = $0.143
SL3 = $0.111 AND
SL4 = $0.089
BAND dip entry swing trade opportunity?I know it doesnt seem like much of a dip but in the ascending channel it has assumed, it is a dip to bottom of channel. I have been posting a bunch of momentum trade targets where a resisting trendline is broken and assets break out once they finally break through, but a lot of those can leave you wondering where to exit, best if you can handle it with a trailing stop loss if you have it available to you.
Buying the dip tends to be safer and you have a clear definition of when to accept loss and bail and where about's to exit. I prefer ascending trendlines, I dont like to swing trade a descending trendline though in some market conditions thats all we have, but right now this is a bull market so there are plenty of options.
So here with BAND you see 3 components to my entry
#1 A strong identifiable ascending trendline
#2 We are testing support
#3 We break out of the short term descending resistance that pushed us down to test support, indicating we are switching directions from descent to ascent.
Then where to exit, the easiest way to see where resistance is, copy your Tradingview line and paste it, then move it up, you will find top of channel by moving the line (without changing angle, just moving up or down) to the top of the tallest candle above the trendline. You can also usually find a mid-channel line which will present resistance and support along the way.
This chart infers if we enter here, we might can exit at around $2.70, depending on when we get to top of channel. Of course this hasnt triggered yet, it could break that longer supporting trendline and then it would be bearish and not ideal to trade.
I have numerous assets I am watching that are in this state now, i am currently using 3 commas to monitor the trendline I have #3 pointing to on this (and similar on other assets), if it breaks through, I will pick up the position automatically. I can use an exit signal also via the top trendline though atm I am trying with a loose trailing stop loss.
Orderbooks dont look exciting on BAND atm and volume isnt exciting either, but I think its hard to use those when trying to "buy a bottom", you are trying to buy it in its worst condition as of recently.
Anyway another opp to bring to your attention, another tool you might can use in your toolbelt and of course as usually, DYOR, this write up should not be something you use as the deciding factor to trade an asset. Also as always, sentiment can change any time a trendline is broken so watch the lines and be ready to adapt.
NASDAQ, setup for 25k (20% potential)Hello everyone,
based on the major wave 3, we can make a projection to imagine where the global markets could form a major top. In my view we are entering the last stages of the bull run, with a potential of 20% gains to come. After reaching the top, a major bear market could start, but I don't expect the top to be in before at least Q1 of 2025.
What I also want to point out is that we are about to test the very significant last swing high from where wave 4 started. I should be a good zone to start buying again, as we are in a strong bullish trend. If you need confirmation observe this level closely.
XRP Testing MomentumHey Trader!
This is a quick update, as it builds on one of my recent analysis.
As I have illustrated, XRP is moving within strong resistance levels, where there is a lot of liquidity from the recent triangle formation.
XRP is charging up the momentum to break these levels and head for the ≈$3 fib. target!
Alternatively XRP has to pull back to a support level before going up.
I am generally positive about the future for XRP.
I wish you a pleasant day!
Will $AVAX break the 1D resistance? Bar here? Going into a down day for market after up days is normal so don’t sell on panic dip.. it’s all still bullish. If anything buy new coins and make diversified portfolio!
Also make sure to pick coins from varied areas of the market. And always research before buying.. not just 5 mins google is it good.. no check white paper people who made it who they are net worth any issues with law? Etc be safe scams are rife at moment!
JAPAN 225 INDEX Bullish Projection CHART
Technical Analysis of Japan 225 Index (4H Chart)
Overview:
The Japan 225 index, as depicted on the 4-hour chart, is currently navigating through a complex pattern with multiple trend lines and Fibonacci retracement levels in play.
RSI signaling bullish technically, within zone of "overvalued." This is in alignment with both Trends and Horizontal Support along with multiple other indicators. Also to note, it is falling towards the 200 EMA, it is about to close a gap on a pattern that has broken out bullish, which aligns with a major trend and horizontal support area, which then takes us to the next trendline, which is a bearish trend trading in a bullish direction. Essentially, this is a really important zone. Price either breaks downward, and likely closes another gap showing in yellow on the chart OR price hits support and we really start to see an upward climb. This movement would be similar to how the SP500 is melting up towards the 6500 range.
Here's a detailed analysis:
Trend Analysis:
Support Trend Line: The price is holding above a key ascending support trend line, which has been in place for several months. This trend line acts as a bullish indicator, suggesting that the index has been in an uptrend.
Descending Resistance Line: There is a descending resistance trend line that the price is approaching. A breakout above this line could signal a continuation of the uptrend and potentially lead to higher targets.
Fibonacci Retracement Levels:
38.2% Retracement: The price is currently testing this level around 39,015.11. This is a common retracement level where price often finds support or resistance.
50% Retracement: Located at 38,015.11, this level could act as a strong support if the price breaks below the 38.2% level.
61.8% Retracement: Around 37,015.11, this is a critical level where a deeper pullback might find support before a potential reversal.
Volume Analysis:
Volume Indicators: There is a noticeable increase in volume at key support and resistance levels, indicating strong buying or selling interest. The recent volume spike suggests significant market activity, which could precede a major move.
MACD (Moving Average Convergence Divergence):
MACD Line and Signal Line: The MACD line is above the signal line, which is typically a bullish sign. However, the histogram shows decreasing momentum, which might indicate a potential slowdown or reversal in the current trend.
Price Targets:
Upside Targets: If the price breaks above the descending resistance trend line, the next resistance levels to watch are around 39,015.11 (38.2% Fibonacci), followed by 40,015.11 and 41,015.11.
Downside Targets: A break below the ascending support trend line could see the price retesting the 50% and 61.8% Fibonacci levels, around 38,015.11 and 37,015.11, respectively.
Conclusion:
The Japan 225 index is at a critical juncture, with multiple technical indicators suggesting both potential continuation of the uptrend and possible consolidation or pullback. Traders should watch for a breakout above the descending resistance or a breakdown below the ascending support for clearer directional cues. Monitoring volume and MACD for confirmation of these moves will be crucial for making informed trading decisions.
BTC broke $100,000!!!!Hello everyone, I invite you to review the current situation of BTC in pair to USDT on a 4-hour interval. As we can see, the price with a strong upward movement left the triangle in which we were moving.
The upward exit from the triangle provided the energy to break through $100,000 and currently we are approaching the resistance at $106,257, only when the price goes further will we be able to see a move towards $114,000.
However, if the current upward movement reverses, the support zone from $101,000 to $98,700 should be observed. However, when the support zone is broken, we can see the price quickly return to the level of $95,400 and then drop to around $90,000.
Bullish Divergence on AUD/USD—Key Resistance Ahead!OANDA:AUDUSD
Multi-Timeframe Analysis
After analyzing the chart, we observed that the price found strong support at 0.64698, accompanied by a bullish divergence on the daily timeframe. Following the Change of Character, the price is likely to move toward the Major Resistance at 0.65913.
Key Levels:
• Ultimate Support: 0.64698
• Major Resistance: 0.65913
• Ultimate Resistance: 0.67138
Reminder: Consistently following your risk management strategy is crucial for long-term trading success.
Disclaimer: This analysis is for informational purposes only and is not financial advice. Always trade responsibly.
Happy trading!
Atomusd at the goldencross starting lineIn a very similar inverse head and shoulders that digibyte jsut successfully broke out of with the same kind of little right shoulder. For now there’s been no confirmation of a breakout or even solidified support on the neckline just yet so price could easily dip back below the neckline here, however considering the golden cross has occurred it wouldn’t surprise me if the neckline is confirmed solidified support n quick order. *not financial advce*
NZDCAD Technical Analysis: Bullish Trend Remains IntactHello traders,
I can see that the NZDCAD pair is currently trading at 0.82634, maintaining a bullish trend as price action consistently forms higher highs and higher lows. After a temporary correction from Friday's high of 0.83107 to 0.82495, the pair appears to have resumed its upward trajectory, targeting a breakout above the previous high.
Key Observations
Trend: Bullish, with a series of higher highs and higher lows.
Momentum and Sentiment: Both indicators support the bullish outlook, reinforcing expectations for continued upside.
Key Levels:
Immediate Resistance: 0.83107 (Friday's high)
Invalidation Point: A break below 0.82428 would negate the bullish scenario and signal potential downside risk.
Conclusion
The overall outlook for NZDCAD remains bullish, with momentum and sentiment aligned for a continuation higher. A sustained break above 0.83107 would confirm the bullish trend, while a move below 0.82428 would call for a reassessment of this view.
Do let me have your take.
Cheers and happy trading.
TIA/USDT: Primed for Explosive Growth – Targets up to $34! 🌟 Hey everyone! 👋
If this analysis aligns with your trading goals, make sure to smash that 👍 and follow for more high-value premium trade setups! 💹🚀
🔍 Technical Overview:
TIA is setting up for what could be a massive rally! 🚀 The token is forming a falling wedge pattern on the daily time frame, a bullish structure often preceding explosive upward moves. Currently, TIA is hovering near the breakout zone, indicating a potential 200-300% surge. This could be the perfect time to accumulate and position for big gains. 📈
💡 Trade Setup:
✅ Entry Range: $7.3 - $8.3
✅ Targets:
Target 1: $10
Target 2: $16
Target 3: $28
Target 4: $34
✅ Stop Loss: $6
✅ Leverage: Spot or low leverage (Max 3x for safety)
🔎 What is TIA?
TIA is the native utility token of the TIA Network, a cutting-edge platform focused on decentralized applications (dApps) and scalable blockchain solutions. TIA enables fast and secure transactions, staking rewards, and governance, making it a sought-after asset in the growing Web3 space. Its robust fundamentals and innovative tech are driving increasing adoption among developers and investors alike.
With a bullish chart and strong fundamentals, TIA is undoubtedly one to watch this bull market! 🚀
💬 What’s Your Perspective?
Are you seeing the same bullish breakout potential on TIA? Drop your insights and analysis in the comments below! Let’s discuss, strategize, and ride this wave together! 🌊🔥
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