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TradeCityPro | Cardano : On the Way to a New ATH👋 Welcome to TradeCityPro! In this analysis, I will review the ADA coin for you. The Cardano project is one of the major projects in the crypto space and has been among the top 10 coins by market cap for a long time. 📅 Weekly Timeframe: Moving Towards ATH In recent weeks, ADA has shown a strong upward trend, forming significant lows that serve as support levels for the price. 📈 Currently, the price is struggling with the resistance level at 1.2046, and if this level is broken, the next major resistance will be the ATH. 🧩 The RSI oscillator entered the overbought zone during the price pump, reaching 82.87, and is now in a corrective phase, moving below the overbought level. 📊 The buying volume in recent candles has been substantial, supporting the trend and showing convergence. 🔽 In case of a correction, the first support level is at 0.7683, which the price has already reacted to once. If a deeper correction occurs, the last support for this bullish leg is at 0.4322. ✅ The primary support levels are 0.3166 and 0.2427, which are critical and unlikely to be easily lost. 📝 Final Thoughts 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! ❤️
by tradecitypro
8
TradeCityPro | RONUSDT Possible Market Movement During Christmas👋 Welcome to TradeCityPro Channel! Let’s examine another coin at the end of 2024, analyze its triggers, and set alarms to stay alert before the market moves. 🌐 Overview Bitcoin As always, before starting the analysis, let’s take a look at Bitcoin on the 1-hour timeframe. Today, we had a good upward wave toward the 99079 resistance with strong volume, but the 1-hour candle got rejected, emphasizing the importance of this resistance. As long as we stay above 96403, I will try to go long after breaking 99079 to follow the potential upward trend with lower risk. If Bitcoin dominance also turns red, I’ll use the 99079 trigger as a confirmation for altcoin trades. 📅 Weekly Timeframe On the weekly timeframe, RONUSDT is one of the bullish coins in the market. It performed well in 2023, climbing from a low of 0.405 to a peak of 4.264 with strong green candles. After forming this peak, it started its correction, and after touching 1.434, it created a support level. It briefly dipped below it, rebounded, and moved to the 2.305 resistance, which highlighted the importance of this level. The higher low for 2024 at 1.434, which coincides with the 0.382 Fibonacci level, suggests that if it breaks its peak at 4.264, we could target - 6.548 - 9.37 - 15.64 If you are holding this coin, I suggest taking profits and removing your initial capital. If the weekly candle closes below 1.434, sell your holdings. For those who don’t hold, 2.305 and 4.265 are great triggers. 🌞 Daily Timeframe On the daily timeframe, after being rejected from the 2.354 resistance (the top of the range), it returned to the midline, where it created a good candle and bounced upward. If it moves toward 2.354, it may create a higher low. After breaking 2.354, if you missed the entry, you can make a riskier buy based on the current low being formed and hold for the mid-term. If you entered inside the range due to FOMO, I suggest exiting if the 1.353 support breaks. Don’t hold onto a coin emotionally. ⏰ 4-Hour Timeframe On the 4-hour timeframe, we’ve finally formed a structure, and early triggers for movement can be identified. This setup is worth risking one stop-loss attempt. 📈 Long Position Trigger after breaking 2.074, enter early with confirmation from volume increase, RSI breakout, and overbought conditions. 📉 Short Position Trigger while I’m not focused on these, if a lower high forms or we get rejected at 2.074, the 1.827 trigger becomes significant for a risky short position. Remember to secure quick profits. 📝 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
7
TradeCityPro | FLOKIUSDT How to Profit from Meme Coins?👋 Welcome to TradeCityPro Channel! Let’s delve into days where the market might go quiet due to Christmas and New Year, focusing more on educational topics and identifying potential triggers for future movements. 🌐 Overview Bitcoin Before starting the analysis, let’s, as always, take a quick look at our dear Bitcoin . It seems Bitcoin currently has no intention of letting go of its downward correction, and we are witnessing red candles. This is natural, as companies are closing their annual financial reports, making capital outflows logical. However, the major whales are still buying. Bitcoin dominance has finally registered a lower high on the daily time frame. At the same time, Bitcoin dominance is falling as Bitcoin itself prints red candles, indicating that more Bitcoin is being sold in the market. In any case, some money is leaving the crypto market. 📊 Weekly Timeframe In the weekly time frame, FLOKI, a trending meme coin in the crypto market, started its new primary trend after breaking the significant resistance level of 0.00004027. Following a 580% pump, it formed resistance at 0.0002794. Currently, this popular meme coin has been fluctuating in its 55% range box for around 300 days, with support at 0.00011068 and resistance at 0.00027948. If you purchased FLOKI at lower price levels, it’s recommended to withdraw your initial capital and effectively make this coin “free” for yourself while engaging in another project. If you’ve bought within the range box for any reason, after the weekly candle closes below the 0.00011068 support, it’s suggested to exit the position. Why I Avoid Buying in the Range Box ? As I’ve previously mentioned, I don’t buy within range boxes. I prefer not to tie up my capital in a coin or market that isn’t yet mature, even though we have capital and risk management strategies. For instance, during these 300 days, I could have invested in coins like SUI instead of FLOKI. For a new entry into FLOKI, the best trigger is after breaking 0.0002794. Once this level is broken and supported by sufficient trading volume, FLOKI could experience significant growth. Using Fibonacci retracement from its 2023 lows, FLOKI has already corrected to the 38% level. Upon breaking the top of the range box, it could potentially reach the following targets: - 0.0005055 - 0.0007638 - 0.001289 Unfortunately, there’s a widespread misconception about market cap among many individuals. For example, if a meme coin like FLOKI were to reach the level of Dogecoin or Shiba Inu, its market cap must be taken into account. For instance, if Shiba were to hit $1, its market cap would need to be $90 trillion—an unrealistic scenario, especially when the entire gold market cap is $17 trillion. This doesn’t mean the prices of such coins will never increase again, but those 10,000% returns are unlikely to return. Coins like FLOKI need to enhance their utility and add more features to achieve significant price growth, instead of being mere jokes or internet trends. If you’re chasing high returns, avoid coins ranked in the top 100 by market cap. Instead, explore coins ranked closer to 1000, even though they carry higher risks. In your portfolio, you can allocate 5-10% to riskier meme coins. As one friend put it, "A true meme coin can make profits even with $10 :)))))) 📝 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
TradeCityPro | GRT : Short-Term Uptrend with Volume Convergence👋 Welcome to TradeCityPro! In today’s analysis, I will review GRT for you. The Graph project is one of the key infrastructures of DeFi, with most projects like Uniswap and AAVE relying on this protocol for data extraction. This analysis is conducted in the daily timeframe. 📅 Daily Timeframe: Short-Term Uptrend with Volume Convergence On the daily timeframe, the price was in an accumulation box and exited it after breaking above 0.2003. The strong buying volume has introduced upward momentum to the market. 🔍 Following the price increase and reaching the resistance at 0.3387, the coin corrected alongside Bitcoin and returned to the 0.2003 area. ✨ The price shadow touched the 0.618 Fibonacci level and, so far, has held well above 0.2003, forming a box between 0.618 and 0.382 Fibonacci levels. I believe if the price stabilizes above 0.382, it can resume its upward movement and potentially break the resistance at 0.3387. 📈 Breaking 0.3387 is considered a risky trigger for spot purchases but seems like an excellent trigger for futures trading. If the RSI stabilizes again above 57.36, the market momentum will remain bullish, increasing the likelihood of breaking this resistance. 🛒 The next resistance, representing the high wave cycle, is at 0.4574 and is a significant trigger. Breaking this level in both spot and futures trading could offer a great position. It is crucial for volume to increase and market momentum to turn bullish as the price approaches this area. ✅ The first target for the movement, upon breaking 0.4574, is the resistance at 0.7443, which is suitable for spot trading. For higher targets, I will update the analysis later as the price reaches this resistance to determine further targets based on market conditions. 🔽 If a deeper correction occurs and 0.2003 is broken, the bullish momentum will be completely lost. The price will need to form a new structure within the box between 0.1319 and 0.2003. Breaking below 0.1319 would signal bearish momentum in the market, presenting an opportunity for short positions. 📝 Final Thoughts 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
1
TradeCityPro | AAVE : Insights into the DeFi Lending Giant👋 Welcome to TradeCityPro! In this analysis, I’ll delve into the AAVE token. The current market conditions are challenging, and finding good positions is difficult. Therefore, I’ll focus more on explaining the project and less on chart analysis. 🔍 About AAVE: AAVE is a blockchain-based platform that allows users to deposit their assets as collateral and borrow against them. Since the platform operates on the blockchain, both collateral and loans are in the form of cryptocurrencies. A key parameter in this platform is the Health Factor, which is calculated based on the collateral amount and the borrowed amount. If this parameter falls below 1, the likelihood of liquidation increases significantly. 🔄 This platform enables users to borrow funds in a decentralized environment. Borrowed funds can be used directly or leveraged within the DeFi space for higher profits. However, this comes with specific risks, as highlighted earlier. 💸 AAVE generates revenue through interest rates charged to users. For instance, if a user supplies Ethereum to the platform, they earn a 5% return, while a borrower pays 7% interest. AAVE earns the 2% spread as its profit for mediating between the supplier and the borrower. 💰 Currently, the platform's Total Value Locked (TVL) stands at $19 billion, ranking second after Lido. This builds substantial trust among users. Due to its revenue model, AAVE is one of the few profitable crypto projects, enabling stakeholders to earn not only from token appreciation but also from platform-generated income. 🤝 Given AAVE's revenue model and the scarcity of profitable crypto projects, it has the potential to grow into one of the largest platforms in the crypto space. Already ranked second in TVL, it can further attract more users and expand its presence. 🔵 If AAVE continues to grow, its token could become one of the most critical assets in the market. With a market cap of $5 billion, AAVE currently ranks 30th by market cap. If its revenue remains stable and the project stays profitable, the token’s rank is likely to improve further. 📅 Weekly Timeframe: Strong Bullish Momentum and Parabolic Movement In the weekly timeframe, there is a visible accumulation box with its ceiling at $130.24. After breaking this level, strong bullish momentum entered the market. Following a pullback and breaking the $202.63 resistance, the next significant resistance lies at $476.74. 📈 From the initial rise off the $51.76 low, the buying volume has surged significantly, validating the upward trend. The RSI entered the overbought zone after the break of $202.63, further propelling the price upward. 🚀 The $476.74 resistance is critical, coinciding with the ATH level. Breaking this level could lead to a new ATH. Currently, Fibonacci levels for subsequent targets cannot be determined until the price correction zones are identified. After completing the correction, further targets can be analyzed. 🔽 In a corrective scenario: The first key zone is $202.63, especially if it aligns with the curved trendline, strengthening its significance.A deeper correction could reach $130.24, and breaching this level would end the bullish trend, signaling the start of a new market cycle. ✨ Breaking the $77.45 level would introduce bearish momentum, while a break of the $51.76 support could instill significant fear in the market, potentially leading to sharp price drops. 📅 Daily Timeframe: Signs of a Possible Correction In the daily timeframe, the latest bullish leg can be examined in more detail. Currently, the price has hit the $381.71 resistance and is undergoing a correction after one test. 🔑 So far, the correction has not been deep, with the price shadowing to the 0.382 Fibonacci level and temporarily recovering. If the correction continues: The 0.5 Fibonacci level is crucial and observable in lower timeframes. 📉 If both levels are broken, the next major support is $195.25, overlapping with the 0.786 Fibonacci level. This level is the last critical zone to maintain bullish momentum. Breaching it could bring bearish momentum into the market. 🔼 If the correction concludes and the $381.71 resistance is broken, the next resistance lies at $637.94. Breaking the 70 RSI resistance would reintroduce buying momentum. It is notable that the market volume hasn’t declined yet, which supports the bullish trend. ⏳ 4-Hour Timeframe: Futures Triggers In this timeframe, I will focus solely on futures triggers since the higher timeframe scenarios are already analyzed. 🔽 After reaching the $381.71 resistance, the price entered a corrective phase, touching the 0.382 Fibonacci level before forming support at $295.77. Breaking this support would activate the first short trigger, though it is highly risky due to the overall bullish trend. Personally, I won’t take this position as the market trend is still upward. 💥 Another short trigger could emerge based on Dow Theory, but the market hasn’t yet established the necessary structure. ⚡️ For a long position, the primary trigger is the $381.71 resistance, which is a crucial level. I aim to open a long position if this resistance is broken to profit from the next upward wave. Since opening a position upon breaking this level is challenging, an early long trigger could be identified at $337.93. A break of $53.80, coinciding with the $337.93 resistance, could also provide a good opportunity for a long position. 📝 Final Thoughts 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! ❤️ above.
Long
by tradecitypro
22
TradeCityPro | LPTUSDT Weekly Watchlist Coin👋 Welcome to TradeCityPro Channel! Let’s analyze our triggers before global markets open. It is expected that we might enter a range-bound market phase, experiencing both time and price corrections. 🌐 Overview Bitcoin Before our short analysis, let’s review Bitcoin: Unfortunately, Bitcoin did not break above 99079, which means the bullish momentum did not start. In my opinion, this will lead to an extended range-bound market, possibly lasting through the Christmas holidays. Bitcoin dominance is also trying to create a lower high compared to 61.1%, and it is currently without much movement. This indicates that the range is likely to continue. For now, I suggest avoiding new positions to protect your stop-losses for more critical levels. Instead, focus on learning, finding suitable coins, or engaging in DeFi activities because when the market moves, you won’t have time for these things. 📊 Weekly Timeframe In the weekly time frame, LPT is one of the coins that has created a higher low compared to the previous year. Its upward movement started in 2023, and currently, it is oscillating within its large weekly box, ranging from 9.14 to 22.189. Usually, cryptocurrencies show sharp movements after breaking out of their weekly accumulation or re-accumulation zones, making them worth the risk. Why Not Buy Within the Box? Personally, I do not buy within the box as part of my strategy because I don’t like to keep my funds idle for too long. I want to use my capital actively to generate profits, rather than having it tied up for a year in a coin that may not perform. Instead, I wait for buying momentum with a defined stop-loss. For your purchase, make sure not to miss the 22.189 breakout. After breaking this level, you can enter with a stop-loss at the bottom of the box and hold for the mid-term. If you already hold this coin, I recommend exiting if the weekly candle closes below 9.143. You can re-enter the box later, even though fewer coins may be acquired. This strategy helps you avoid long-term downtrends. Using Fibonacci based on the 2023 low, the coin’s correction reached 50% Fibonacci and Dow Theory. This demonstrates the critical nature of the 9.143 level as support, which will not be easily lost, Price targets based on Fibonacci levels - 37.632 - 55.317 - 90.262 - 168.239 (if 22.189 resistance is broken). 💡 BTC Pair Insight The BTC pair of LPT is within its weekly box and has fake-broken its support, returning to the range. The current weekly candle is closing green, indicating the possibility of moving toward the upper boundary. Confirmation comes with a break of 0.0002088 and RSI above 61.23. Due to the coin's low trading volume, we cannot analyze the lower time frames for this pair. Before buying, ensure a trigger exists in the BTC pair; otherwise, there are likely better coins available for investment. 📝 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 | MNT: Momentum in Mantle's Layer 2 Network👋 Welcome to TradeCityPro! In this analysis, I’ll review MNT, the token for the Mantle Network, which is a Layer 2 solution on Ethereum. Over the past few weeks, this token has shown significant bullish activity. If you’ve been following our YouTube channel, you’ve likely participated in the Cook airdrop on Mantle and bought MNT at lower prices. 🔍 After the price reached the $1.2701 zone and made a false breakout, it failed to reach the $1.4386 resistance level and began a correction, retracing to the 0.236 Fibonacci level. 📊 Despite the ongoing correction, selling volume has decreased, and green candles exhibit higher volumes, indicating the strength of MNT’s bullish trend. 📈 If the price breaks through $1.2701, it can easily register a new all-time high. However, to determine the precise targets, we need to wait for the breakout confirmation and utilize Fibonacci extension levels. 🧩 If the price fails to hold the 0.236 Fibonacci level, it could drop further toward the 0.382 level, which overlaps with the $0.9248 support zone. 🔽 Further support zones include the 0.5 Fibonacci level at $0.83 and the range between 0.707 and 0.786 Fibonacci levels, which intersects with the $0.655 support zone. A breach of the $0.655 support would indicate the end of the uptrend, with the final major support resting at $0.5373. ✨ Additionally, breaking the 50 RSI support would increase the likelihood of a bearish continuation scenario. 📝 Final Thoughts 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! ❤️ above.
Long
by tradecitypro
17
TradeCityPro | SUIUSDT The Best Coin of the Week?👋 Welcome to TradeCityPro Channel! Let’s dive into the analysis of SUI, a coin that has recently caught significant attention for its impressive performance. Despite being a young coin listed in mid-2023, SUI has managed to climb to the 15th rank in the market. 🌐 Overview Bitcoin As always, we begin by analyzing Bitcoin. On the 1-hour timeframe, after rejecting and setting a new ATH at $108,230, Bitcoin has entered a downtrend, which appears to have ended at $92,400. However, the market is at a critical decision point. If Bitcoin fails to hold above $96,277 and breaks $99,079, a bullish continuation can be expected, proving this decline was merely corrective. Otherwise, breaking below $96,277 could signal shorting opportunities. Yet, caution is advised—secure profits quickly and avoid greed. Bitcoin dominance, which has recently attracted much attention, saw a pullback to the 60% resistance level. This move, accompanied by market corrections, led to larger declines for altcoins, indicating the need for Bitcoin dominance to form lower highs—a shift that may be underway. 🕵️‍♂️ Previous Analysis we had identified a PRZ area, and after breaking the 3.4295 support, it reacted to this zone. Following the rebound, it reached the resistance level we had previously identified at 4.7422. Currently, it is fluctuating just below this resistance. 📊 Weekly Timeframe On the weekly timeframe, SUI has shown remarkable bullish momentum. After breaking the $1 resistance, it rallied toward $5 and currently trades at $4.5468. The coin experienced strong volume inflows, maintaining RSI in the overbought zone for weeks. Yet, a breakout above 84.09 could justify additional entries. If this week’s candle closes green, it will highlight strong buyer activity, reinforcing SUI’s exceptional performance amid market corrections. For those who entered at $1 or $1.76, transferring assets to DeFi platforms could be a wise move for leveraging SUI’s growth. Using Fibonacci retracement, we identified potential future targets at $5.73, $14.56, and $23.83, depending on market cap movements. 📈 Daily Timeframe On the daily timeframe, after breaking the $1.0273 range, SUI initiated its primary uptrend, forming new resistances and continuing upward. Yesterday’s daily candle confirmed strong buying interest, showcasing the coin’s superior recovery compared to others in the market. Even now, an entry with a stop-loss at $3.1340 could be considered for high-risk buyers. Volume data also clearly indicates significant inflows. Key support levels align with Fibonacci retracements, with $2.3716 being the most crucial level—serving as both a 0.382 Fibonacci level and a previously broken resistance turned support. ⏱ 4-Hour Timeframe On the 4-hour timeframe, after the Fed meeting and Powell's speech caused market declines, SUI quickly rebounded from the $3.5013 support level, showing a sharp recovery back toward its highs. 📈 Long Position Trigger: breaking $4.7955 offers an ideal entry point, with orders placed above resistance due to potential whale activity. Ensure a wide stop-loss to avoid being stopped out by volatility. 📉 Short Position Trigger: while I wouldn’t short SUI personally, breaking $4.345 could justify a position with a tight stop-loss. Regardless, secure profits quickly to mitigate the risk of rapid reversals. 🔗 Chart: 4H SUI Chart 💡 BTC Pair Insight Against BTC, SUI is one of the most bullish pairs in the market. While most coins show red candles against Bitcoin, SUI strives to close green. If it breaks the 0.00004306 resistance and RSI confirms above 74.98, a strong upward trend could follow, benefiting both BTC and USDT pairs. 🌞 Conclusion SUI stands out as a strong contender this week, displaying exceptional resilience and bullish momentum. With clear triggers for both long and short positions, the coin offers opportunities for strategic trading. Ensure careful risk management and stay prepared for rapid market shifts. 📝 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
86
TradeCityPro | ENA : Navigating Parabolic Growth👋 Welcome to TradeCityPro! In this analysis, I’m reviewing the ENA token, which belongs to the Ethena project operating within the Ethereum ecosystem. This project has successfully ranked among the top 10 DeFi projects by TVL. 📅 Daily Timeframe: Parabolic Trend and Reaction to Supply Zone This token was recently launched and distributed its airdrop approximately 9 months ago to its users. After the airdrop, the project faced significant selling pressure, with its price reaching new historical lows of $0.2619 and then $0.2020. 👑 As Bitcoin began its bullish movement and broke its important 72k resistance, ENA also gained momentum, with increasing purchase volumes. It managed to fully recover and return to its ATH at $1.45. 📈 In this upward trend, ENA has undergone two re-accumulations, one under the $0.4234 resistance and the second under the $0.6844 resistance. These consolidation phases beneath critical zones help maintain a healthy uptrend without overly sharp corrections. However, the parabolic nature of the trend still suggests a higher risk of sharp retracements. 🔽 Currently, as the price has reached the ATH ceiling—a strong supply zone—the likelihood of corrections has increased. 📉 In case of a downward move: The first support is the curved ascending trendline, acting as a dynamic support. If the trendline is broken, the next support lies at $0.6844, which seems logical during a correction phase. The final critical support is at $0.4234, and breaking it would signify the end of this bullish trend. The market would then require building a new structure for further momentum, either upward or downward. 🧩 From a technical perspective, volume is aligning well with price movements, confirming the upward trend. Meanwhile, the RSI above 50 indicates that corrections are less likely to lead to sharp declines unless the 50 level is breached. 🚀 If the ATH at $1.45 is broken, the next targets would be $2, $2.5, and $3.2, based on 6-month pivot points. Monitoring these levels closely for potential trend reversals is advisable. ⏳ 4-Hour Timeframe: Futures Triggers In this timeframe, the focus is on specifying futures triggers for both long and short positions. 🔼 The market has managed to recover entirely from its correction and is among the few coins to successfully engulf its entire pullback. 📈 Breaking the $1.2423 resistance could confirm a long setup. However, trading in the $1.2423–$1.45 supply zone will be challenging due to its significant resistance. 📉 It’s recommended to wait until the $0.8550 level is breached for a short position. This would signal a trend reversal, providing a safer entry for shorts. Currently, given the strong resistance, it’s better to avoid opening short positions without a confirmed trigger. 📝 Final Thoughts 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! ❤️ above.
Long
by tradecitypro
21
TradeCityPro | Theta : Navigating Deep Corrections👋 Welcome to TradeCityPro! In this analysis, I will examine Theta in both the weekly and daily timeframes, providing a detailed breakdown of its market dynamics and critical levels. 📅 Weekly Timeframe: Price Reaches Supply Zone Again In the weekly timeframe, after forming a bottom structure around the $0.58 level, Theta initiated its first bullish wave, reaching the supply zone between $3.251 and $4.184 for the first time in this uptrend cycle. 🔍 Following the initial test of this resistance, the price corrected and established a higher low at $1.009, reinforcing its support. With the breakout above $1.654, the next bullish wave towards the supply zone began. 🚀 Currently, the price has been rejected from this supply zone with significant selling volume and has pulled back to $1.654. Sustained bullish momentum, characterized by sharp upward movements and dominant green candles, will require a breakout and consolidation above the supply zone. ✅ Upon clearing this resistance, Theta could rally towards the ATH at $12.978, with potential for further targets and a new ATH if $12.978 is surpassed. 🔽 A break below RSI 50 may lead to continued corrections, potentially revisiting $1.009. Despite this, as long as the price holds above $1.009, the market outlook remains bullish. Confirmation of a trend reversal would occur with a breakdown of this level, targeting the key $0.58 support, which remains a critical demand zone. 📈 RSI support at 50 and renewed buying volume could propel the price back towards the supply zone with stronger momentum. 📅 Daily Timeframe: Deep Correction in Progress On the daily chart, the most recent bullish wave is visible in greater detail. Applying a Fibonacci Retracement, the price initially corrected to the 0.382 level, followed by a deeper correction after breaking the $2.257 low, extending to the 0.618 Fibonacci level. 📉 If the correction continues, the final retracement level, 0.786 Fibonacci, aligns with the $1.628 support, forming a Potential Reversal Zone (PRZ). A failure to hold $1.628 could see the price drop to $1.009, as noted in the weekly analysis. Currently, bearish volume is increasing, signaling potential challenges for a bullish recovery in the short term. 🔼 A bullish breakout would require strong buying volume, but opening long positions near the supply zone carries significant risk. Instead, consider entering positions at lower levels where price action provides a clear trigger to reduce stress as the price approaches the supply zone. 📝 Final Thoughts 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! ❤️ above.
Long
by tradecitypro
12
TradeCityPro | MAGICUSDT Market Correction and Fear!👋 Welcome to TradeCityPro Channel! Let’s take a look together at a so-called bloody day in the market, as some friends call it, with a quick glance at the chart to analyze the events and help you make more thoughtful decisions without acting on your emotions. 🌟 Bitcoin Overview Before starting the analysis, as usual, let’s take a look at Bitcoin. On the 1-hour timeframe, Bitcoin is experiencing red candles with high volume, indicating that it is currently correcting on its higher timeframe. However, this event is accompanied by an increase in Bitcoin dominance, leading to more significant altcoin sell-offs. Naturally, altcoins are seeing larger red candles and experiencing steeper declines. But does this mean that the trend is changing? From my perspective, no, and as long as Bitcoin remains above $80,000, we are still bullish and have no reason to exit. These red candles are merely corrections, which are entirely natural, as the market hasn’t seen any significant profit-taking since Bitcoin broke above $73,000. Make logical decisions, and during a bull market, don’t sell your assets prematurely unless they hit your predefined levels. 🌞 Daily Timeframe On the daily timeframe, MAGIC broke out of its 112-day range and resistance at $0.4302, moving toward the $0.7130 resistance, almost matching the size of its previous range. Typically, the risk-to-reward ratio of patterns leads to the formation of significant support or resistance levels, shaping collective decisions. After facing rejection and forming a lower high, MAGIC broke below $0.5573 and returned to the weekly box and support at $0.4302, which can act as a strong support for slowing down the bearish momentum and reversing it. Currently, bearish momentum remains strong, and I refrain from buying during declines. However, if the support fails or the RSI re-enters its range, this could serve as a trigger for entry. For now, I prefer to watch, and if there is a significant reversal candle, it will be a pleasant surprise due to the strong momentum, with my stop-loss level already defined. These conditions occur in bull markets and are completely natural. So, avoid FOMO and don’t let your emotions guide your decisions. Practice risk and capital management, follow the analyses, and define your levels. For example, as long as Bitcoin remains above $80,000, I won’t sell and will even look for entry triggers. Futures positions currently make little sense, but if you have any, be sure to take profits and avoid greed! 📝 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! ❤️
by tradecitypro
25
TradeCityPro | Blur : Dynamic Support Holding👋 Welcome to TradeCityPro! In this analysis, I will explore Blur, a gaming project, focusing on the daily timeframe to assess its current price action and potential scenarios. 📅 Daily Timeframe: Correction to Dynamic Support On the daily chart, Blur has been following an ascending trendline that acts as a dynamic support, propelling the price upward after every interaction. 🔍 Recently, the price experienced a fake breakout below this dynamic support, which was quickly followed by increased buying volume and a surge in bullish momentum. As a result, Blur managed to break through the $0.2827 and $0.3314 resistance levels, climbing as high as $0.4438. 🔽 Currently, the price has corrected in two stages and returned to the $0.2827 level, which aligns with the dynamic support. The RSI, after breaking below the 50-level, has supported this deeper correction. If the dynamic support fails to hold and the price trend shifts, the primary support will be at $0.1464. 📈 If the resistance at $0.4438 is breached, the first target is $0.5539, a notable resistance level. The main target is $0.8077, the ATH, which doubles as a critical supply zone due to its significance in price history. ✨ The RSI lacks a clear bullish trigger currently, as no new structure has formed. However, if RSI confirms a bullish momentum resurgence and trading volume increases, the chances of breaking through $0.4438 will significantly improve. 🔑 Market Sentiment and Advice The market is currently undergoing broad corrections, causing FOMO and uncertainty among traders. However, these pullbacks are natural and essential for sustaining the market’s broader uptrend. 💥 Here’s a reminder for effective trading during volatile times: Avoid impulsive decisions driven by fear or greed. Ensure risk and capital management is a priority. Proper management safeguards you from significant losses during corrections, preserving capital for long-term growth. 📝 Final Thoughts 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! ❤️ above.
Long
by tradecitypro
28
TradeCityPro | THETAUSDT Has the Market Turned Bearish?👋 Welcome to TradeCityPro Channel! Let’s analyze a day when the market experienced slight corrections, with some coins recording red candles and traders feeling FOMO, moving away from the market. This is the best time to review triggers. 🌟 Bitcoin Overview As always, let’s start with Bitcoin analysis. In the one-hour timeframe, we are witnessing bearish candles, which are merely rejections of the new ATH. Such corrections are not concerning as they come with reduced volume. Bitcoin dominance has also been ranging, causing slight corrections across all altcoins. Coins bearish in their Bitcoin pairs have seen more significant declines, while those bullish in their Bitcoin pairs are showing better resilience. 📅 Weekly Timeframe In the weekly timeframe, THETA is one of the coins that previously had a strong movement. Earlier in 2024, it hit a new high compared to 2023, bouncing back from the 1.028 support level, which gives it a better edge than many other coins. Recently, after breaking the 1.667 resistance, which was our entry trigger, it has reached the early 2024 resistance level and is now reacting to it. Following the correction and red candles, the declining volume indicates a positive sign for the upward trend. The RSI is pulling back toward the overbought zone. If the RSI climbs back up from this level, we can anticipate another sharp move. If you entered with our trigger, it’s reasonable to hold your position for now as you have a solid entry point. For those looking to enter again, either wait for a correction or buy after breaking the 3.136 level with a large stop loss at 1.667. However, this would be a riskier entry. 🌞 Daily Timeframe In the daily timeframe, after breaking out of the accumulation box between 1.543 and 3.136, THETA has experienced a 100% upward movement, providing an excellent profit opportunity. Throughout this uptrend, we’ve seen an increase in volume, which has subsequently decreased during corrections. Even when red candles appear, the reduction in volume is a positive signal for the coin’s long-term trajectory. Based on Fibonacci levels, potential supports are at 2.349, 2.011, and 1.543. After confirmation at any of these levels, long positions can be entered. For continued momentum, breaking the 3.136 level with a stop loss at 2.349 can be considered a riskier option. ⏰ 4-Hour Timeframe In the four-hour timeframe, the coin is moving within a short-term box between 2.534 and 2.749, accompanied by reduced volume and consolidation. This suggests that a breakout is likely soon. 📈 Long Position Trigger breaking the 2.749 level could trigger a trade, as the 3.136 breakout is expected to be led by whales. However, if you miss the 2.749 breakout, 3.136 can also serve as an entry. 📉 Short Position Trigger they are not currently recommended. However, a break below the 2.534 level could offer a risky short setup. Ensure small stop losses and quick profit-taking, as extended downside seems unlikely. 💡 BTC Pair Insight In the Bitcoin pair, THETA is just starting to show strength. It has recently reached its weekly resistance level and has a long way to go before its ATH. Once it establishes a higher low and breaks the 0.00003042 resistance, it could begin a strong upward movement. Stay patient and avoid FOMO if you’ve missed this move. Many other coins in the channel have not yet triggered their entries. 📝 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
17
TradeCityPro | ENS : Navigating Critical Levels👋 Welcome to TradeCityPro! In this analysis, I’ll evaluate ENS across the daily and 4-hour timeframes. This Web3 project offers an innovative service allowing users to purchase wallet domains, making it a standout in its sector. 📅 Daily Timeframe: Pullback to the Critical Zone On the daily timeframe, ENS has been trading within a broad range since early 2024, oscillating between $12.44 and $32. Despite the large range and significant price volatility, the market hasn’t established a clear trend, repeatedly moving from the bottom to the top of this box. 📈 Recently, alongside Bitcoin’s ATH breakout, ENS broke through the $20.92 resistance, which marked the Medium Wave Cycle resistance. This breakout introduced strong bullish momentum, leading to the price surpassing the $32 resistance as well. After breaking this level, the price retraced to $32 for a pullback and is now preparing for another upward movement. ✨ The next significant resistance for ENS is $47.96, a level previously tested once before. Currently, the price is approaching this zone for a second test. Despite the negative divergence observed in the RSI and trading volume, this is typical in high-momentum uptrends. A successful breakout of $47.96 could propel the price toward the ATH at $77.99. 🔽 In case of a pullback, the $32 zone remains critical support, already tested once. For deeper corrections, the $20.92 level is the next important zone, and losing this level would entirely erode the bullish momentum, pushing the price toward $15.83 and potentially $12.44. ✅ The range between $12.44 and $15.83 represents a key demand zone, which could act as a significant barrier against further declines. For deeper corrections, the first RSI trigger would be a breakdown below 54.66. ⏳ 4-Hour Timeframe: Futures Triggers In the 4-hour timeframe, I’ll focus specifically on futures triggers, as the main scenarios were detailed in the daily timeframe. 🔼 A breakout above $48.59 provides a suitable long entry. Defining precise targets in advance is challenging, as potential targets come from historical price levels. It’s better to wait for the price to establish a new structure and use that to identify subsequent resistance levels. 📉 A breakdown below $40.96 is a highly risky short entry, with low confidence in hitting the target. However, if a deep correction begins, this trigger could yield significant profits.Additional support levels include $32.86, $25.65, and $21.36. Breaking each of these could activate further short triggers, but for now, all short setups carry significant risk, as the market hasn’t confirmed a trend reversal. 📝 Final Thoughts 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! ❤️ above.
Long
by tradecitypro
15
TradeCityPro | CRVUSDT Favorite Among Ethereum Whales👋 Welcome to TradeCityPro Channel! Let’s analyze CRV, one of the older and more popular coins in the DeFi space, previously a staple in many crypto whales' wallets. 🌟 Bitcoin Overview Before diving into CRV, let’s take a quick look at Bitcoin. It recently hit a new ATH but faced a heavy rejection on the 1-hour timeframe, triggering significant selling pressure in the market. Remember, these kinds of candles are typical during bull runs. They may appear bearish on higher timeframes, but they often induce FOMO and panic selling, leading to potential buying opportunities. 📅 Weekly Timeframe Analysis After losing its critical support at 0.4107, CRV dropped to 0.2219. Following a decrease in selling pressure, the coin consolidated for several weeks in a box range. With renewed whale interest, significant buying volume pushed the price up by 350%, breaking the box and daily resistance. The rally was capped at 1.2060, where CRV has been trading below for the past two weeks. If you entered the market after the box breakout, you should already have a reasonable profit. You can either take partial profits or withdraw your initial investment, holding the remaining position as "free tokens." If you missed the rally, it’s currently not an ideal entry point due to the large stop loss required. Wait for either a time-based correction (range-bound movement) or a price correction to 0.8065, which serves as the next major support level. 🌞 Daily Timeframe On the daily chart, CRV moved upward after breaking out of the 0.2219 – 0.3169 range and is now trading below the 1.251 resistance. Support: 1.0522 (lower timeframe), 0.7985, and 0.6217 for potential price corrections. Resistance: A break above 1.251 could lead to higher price targets, with the first at 1.9109. breakout above 1.2510 may provide a momentum-based entry, but it’s riskier than the earlier entry at 0.3169. Wait for confirmation, such as volume increase and RSI movement, before entering. ⏰ 4-Hour Timeframe On the 4-hour chart, CRV has tested the 1.2693 resistance twice. This level could act as a key trigger for future positions. 📈 Long Position Trigger Open a long position after breaking 1.2693, with confirmation through increased volume and RSI entering the overbought zone. This is a weekly resistance, so a fake breakout is likely if volume is low. 📉 Short Position Trigger No short positions are being considered for now, as they go against the current trend. Instead, focus on finding setups in other coins or monitoring CRV for better opportunities. 💡 BTC Pair Insight Against Bitcoin, CRV has been in a prolonged downtrend but recently started to recover after breaking 0.00000528. However, the real bullish movement will begin only after breaking 0.00001223, forming higher lows, and continuing its upward trend. Avoid FOMO. If you miss CRV, there are plenty of other opportunities in the market. 📝 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
43
TradeCityPro | ETH : Testing Key Levels with Volume Weakness👋 Welcome to TradeCityPro! In this analysis, I’ll review Ethereum (ETH) across the daily and 4-hour timeframes. For a deeper perspective and additional timeframes, you can check my previous analysis linked in the Related Publications section. 📅 Daily Timeframe: Retesting the 4029 Zone On the daily timeframe, ETH is respecting a weekly ascending trendline that has shown significant reactions. In the Accumulation Zone between 2199 and 2760, the price responded three times, leading to a breakout and a strong upward movement toward the 3547 resistance. 🚀 The 3547 resistance initially seemed strong, but given the market’s high momentum, it was broken on the first attempt, allowing the price to test the critical 4029 resistance. ✅ The 4029 level is extremely significant, as a breakout here could initiate Ethereum’s primary bullish trend, with the next target being the ATH resistance at 4833. Higher targets were detailed in my previous analysis, accessible in the Related Publications. 🔍 However, 4029 is also a major supply zone, where many long-term ETH holders might take profits, increasing the likelihood of a correction. ETH already retraced once to 3547, which now acts as a minor support. In case of a deeper pullback, the price could revisit the Support Zone marked on the chart. 🧩 Signs of a possible correction include the RSI breaking below 50, decreasing buying volume, and increasing selling pressure. 📉 If the Support Zone fails, the bullish momentum will temporarily fade, invalidating the current uptrend. In this case, the weekly ascending trendline becomes the first key support, followed by 2199, a critical demand zone and the “last line of defense” for ETH. ⏳ 4-Hour Timeframe: Moving in an Ascending Channel with Declining Volume On the 4-hour timeframe, ETH is moving within an ascending channel, which is clearly visible across many charts. Currently, the price is interacting with the midline of this channel. 🔽 Following the first test of the 4059 resistance, market volume has been decreasing, and ETH has been ranging between 3547 and 4059. Additionally, the RSI is showing a bearish divergence, with a trigger confirmation if the RSI drops below 50. 🔑 These signs of trend weakness could lead to a correction or even a potential trend reversal. However, it’s important to note that in High Wave Cycles (HWC), it’s natural to see temporary weaknesses in the Low Wave Cycle (LWC) or Medium Wave Cycle (MWC), as the overall trend remains bullish. ✨ Given this context, I still view ETH’s trend as bullish. While the 4-hour timeframe shows slight weakness, this hasn’t significantly impacted the broader market momentum. A breakout above 4059 would validate a long position. 💥 On the downside, if a correction occurs, the support zones highlighted in the daily timeframe remain key areas for potential reversals. If the correction is shallow, the channel’s lower boundary will act as a strong support. 📝 Final Thoughts 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! ❤️ above.
Long
by tradecitypro
31
TradeCityPro | FTM : Evaluating Parabolic Trends👋 Welcome to TradeCityPro! In this analysis, I’ll review another coin from our weekly watchlist, FTM (Fantom). Previously, I analyzed this coin, highlighting the breakout trigger at 0.8401. If you entered a position or bought in the spot market, you likely secured solid profits. Let’s re-evaluate this coin with fresh insights, analyzing it on the daily and 4-hour timeframes. 📅 Daily Timeframe: Weekly Resistance Break with Trend Weakness On the daily timeframe, FTM is exhibiting a parabolic trend accompanied by a curved ascending trendline. So far, the price has reacted to this trendline three times, each time resuming its upward movement and ending corrections. 📈 In the last leg of the uptrend, after breaking the 0.7707 resistance, the price surged to the weekly resistance zone at 1.1116. The price even stabilized above this level; however, the trend is not in an ideal state. 🔍 Following the breakout of 1.1116, candle sizes have gradually shrunk, corrections have deepened, and volume has been declining. Additionally, the RSI is showing signs of a divergence that hasn’t yet materialized but could influence the chart upon a breakdown below 55.74 on the RSI. 🔑 A notable aspect of sharp trends and pre-pump movements is their inherent trend weakness and potential for reversals. Interestingly, when trend weakness peaks, the trend often resumes sharply with large candles, nullifying all indicators of weakness and aligning them to support the trend. 🔼 If the trend continues, the first resistance level, a minor resistance, is at 1.6218. If the price stabilizes above this zone, the next resistance lies at 3.2506, the strongest resistance for FTM. This zone is near the ATH and represents a major supply area. 📉 In case of a correction, the first immediate support is the curved trendline, which the price may react to. If this trendline breaks, the next levels are 1.1116 and 0.7707. A stabilization below 0.7707 would invalidate the bullish scenario, and the price could target supports at 0.5349 and possibly 0.2928. ⏳ 4-Hour Timeframe: Moving Within an Ascending Channel On the 4-hour timeframe, the price is moving within an ascending channel and is currently interacting with the channel's midline. So far, the channel's bottom has provided strong support. As long as the price remains within this channel, no sharp movements are expected. 🚀 If the channel breaks upward, two scenarios may occur: Trend Exhaustion: The price could re-enter the channel, leading to a loss of bullish momentum and increasing the likelihood of breaking the channel downward. Parabolic Continuation: The price could break the channel with high momentum and large candles, initiating a new parabolic uptrend. The next static resistance is at 1.636, a suitable futures trigger level. However, the price has not reacted to this zone yet, so it’s safer to seek long positions based on Dow Theory and channel breakouts. 🔽 For short positions, I would personally wait for a channel breakdown and possibly a break below 1.0957, although this would be a high-risk setup. Instead, I prefer to wait for a clear trend reversal on the High Wave Cycle or Medium Wave Cycle before entering. 📝 Final Thoughts 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! ❤️ above.
Long
by tradecitypro
77
TradeCityPro | ZROUSDT Analysis Is It DeFi’s Turn to Shine👋 Welcome to TradeCityPro Channel! Let’s dive into the analysis of ZRO, one of the popular DeFi coins. Recently, it has broken out of its consolidation range, signaling potential movement in the coming week. 🌍 Bitcoin Overview Before diving into ZRO, let’s take a quick look at Bitcoin. Last night, BTC finally broke its 103,504 resistance, reaching a new ATH of 106,488.25! Bitcoin dominance also ticked green, albeit mildly, allowing a few altcoins to move alongside. However, this Bitcoin leg-up is likely to maintain dominance growth. 📅 Weekly Timeframe Analysis ZRO is relatively new, with only 26 weekly candles in its history. It’s a coin that distributed a portion of its tokens via airdrops to active users within its blockchain ecosystem. Unlike other airdropped tokens, ZRO experienced less sell pressure and consolidated for about 20 weeks, providing excellent liquidity-building opportunities for us. Recently, it broke out of this box, indicating potential for further upward movement. The weekly candle that closed last night reflects strong buyer presence despite some selling pressure. It’s a good buying opportunity with stop-buy entries and stop losses at 5.108 (risky) or 3.016 (safe). 🌞 Daily Timeframe Analysis On the daily chart, ZRO recently broke the 5.033 resistance and formed a new resistance at 7.192, from which it faced a strong rejection. Unlike many other altcoins still stuck in corrective zones, ZRO has already returned to its recent highs. After breaking 7.192, you can consider buying on this timeframe with a large stop loss at 4.068 or wait for consolidation at the daily range’s bottom before entering for a mid-term hold. For added security, move your ZRO holdings to decentralized platforms and participate in the DeFi ecosystem to maximize benefits. It’s important to watch for confirmation of the 7.192 breakout. Although volume increased during bullish moves and decreased during corrections, a strong breakout needs to be accompanied by high volume. The breakout of 65.45 RSI could also act as a strong trigger for momentum entry. ⏰ 4-Hour Timeframe Analysis For futures positions, a strong resistance level has formed on the 4-hour chart. Breaking this resistance would provide clear triggers for the week ahead. 📈 Long Position Trigger breakout above 7.012. The recent rejection strengthened the importance of this level. After breaking this resistance with increased volume, opening a long position becomes a viable option. 📉 Short Position Trigger At this point, I’m not considering short positions. However, if the ascending trendline breaks, I’ll reconsider. For now, I’ll continue searching for lower-level long triggers in case buyers temporarily lose strength. 💡 BTC Pair Insight Against BTC, ZRO has shown strength recently, moving toward its range high. A breakout above 0.00007239 would set the stage for significant upward movement relative to BTC. This could lead to even greater performance in its USDT chart. 🎯 Summary ZRO’s breakout from its consolidation range, coupled with strong buyer activity, suggests an exciting opportunity for both spot and futures traders. Keep an eye on critical resistance levels and volume confirmations to secure the best entries. 📝 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
107
TradeCityPro | HNTUSDT Don’t Miss the New Move!👋 Welcome to TradeCityPro Channel! Let’s get ready for the upcoming week! We’ll either see a strong movement or some consolidation, so let’s prepare our triggers in advance and analyze all scenarios before the market moves. 🌍 Bitcoin Overview As always, let’s start by checking Bitcoin to complement our altcoin analysis. Today, BTC broke its 102,135 trigger but faces a significant resistance at 103,504. With increased volume, a breakout above this level could finally help BTC clear the critical $100K barrier. For the upcoming week, if Bitcoin’s dominance rises and BTC follows suit, prioritize Bitcoin trades or coins that perform well against BTC. If BTC dominance drops, focus on altcoins. However, the first bullish move will likely coincide with rising BTC dominance. ⏰ Weekly Time Frame Helium (HNT) shows relatively strong performance compared to other altcoins and is a good candidate to add to your portfolio this week! HNT started its upward movement before the current bull run, maintaining a positive trend since 2023. This year, it recorded a higher low compared to 2023 and is now approaching its main resistance, attempting to break through. The coin follows a parabolic trajectory, which is inherently bullish. Each time it hits the lower boundary of this parabola, it rebounds strongly, and this trend could continue. This week’s candle closing above the SMA7 signals buyer strength despite seller presence. Buyers have emerged victorious with significant volume. After this candle closes, you can consider a spot buy with a risky stop loss below the shadow or a safer stop loss at 5.437. If RSI enters the overbought zone, expect a sharp upward move. 📅 Daily Time Frame On the daily chart, HNT has outperformed other altcoins during its recovery and is currently testing a daily resistance level. A breakout here could trigger a sharp upward move. Volume analysis shows reduced activity during the correction phase and increased volume during upward movements, confirming buyer strength in the market. After breaking the trendline and finding support at 5.524, the coin moved upward. A potential buy entry lies at the breakout of 9.244. Follow this closely for spot or futures long positions, especially if RSI enters the overbought zone, which would provide excellent confirmation. 🔍 4-Hour Timeframe Analysis HNT is currently facing a critical resistance at 9.393. Buyers have been active, attempting to break this level, which could lead to further bullish continuation after a successful breakout. Before discussing triggers, let’s briefly cover the Fake Breakout strategy. This occurs when a support or resistance is initially broken but quickly reversed in the next candle, potentially signaling a trend change. Identifying this on lower timeframes can guide you to a solid entry after the first breakout. 📈 Long Position Trigger breakout above 9.393 is a great trigger. Personally, I’ll be looking for a long entry above this level and will continue to hunt for long triggers as long as HNT stays above 8.004. 📉 Short Position Trigger I’m not considering any short positions for now. If the market enters a bearish phase, I’ll look for lower long triggers instead. 💡 BTC Pair Insight Against Bitcoin, HNT is in a ranging box with less volatility compared to BTC and hasn’t experienced severe drops like other altcoins. Its absence from Binance and limited volume data make it less prominent, but these factors have helped it avoid extreme sell-offs. HNT has risen from a higher low within its range. With Bitcoin dominance closing green on the weekly chart, HNT’s weekly candle also closing green is a positive sign. After breaking the box’s upper boundary, I’ll consider holding it longer.
Long
by tradecitypro
70
TradeCityPro | WLD : A Recovery Fueled by Positive Divergence👋 Welcome to TradeCityPro! In this analysis, I will evaluate the WLD token. This token belongs to the Worldcoin project, founded by Sam Altman. The project's goal is to establish a digital identity for everyone, known as World ID. 📅 Daily Timeframe: An Uptrend Following a Decline On the daily timeframe, after reaching the resistance zone at 11.868, bearish momentum diminished entirely. A bearish trend began after breaking the 6.23 level, pushing the price down to 1.349. 📊 Upon reaching the 1.349 support, a significant increase in buying volume entered the market. Coupled with a positive divergence at the end of the bearish trend, the price ended its decline and initiated a new bullish trend. ✨ In the new bullish structure, an upward trendline formed. At one point, the price made a fake breakout of this trendline. Following this, the market gained more bullish momentum, and after breaking the 2.496 resistance, additional buying volume pushed the price to 3.885. 🔽 Currently, after hitting 3.885, the market has entered a correction and consolidation phase, with the price even forming a shadow near 2.496. If the correction continues, the first supports are the upward trendline and the minor support at 2.496, which the price has already tested once. 📉 In the event of a deeper correction, the next support zone is 1.349, the most critical level on the chart. If this level is broken, 0.979 will act as the last price stronghold. If the RSI stabilizes below 50, the likelihood of a deeper correction increases. 🔼 If the 3.885 resistance is broken, the next resistance levels are 6.23 and 11.868. Given the high bullish volume, the probability of breaking 3.885 increases. 🔑 The 11.868 resistance, which is also the ATH, is the most important resistance at the moment. Breaking this level could lead to a new ATH for WLD. 📰 Given that the project's founder, Sam Altman, is highly reputable in the community, any promotion of the project by him could drive significantly more buying volume into the market. 📝 Final Thoughts 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! ❤️ above.
Long
by tradecitypro
43
TradeCityPro | AVAXUSDT Analysis Buyer Resistance👋 Welcome to TradeCityPro Channel! Let’s analyze AVAXUSDT triggers for the upcoming week and prepare for opportunities outside the global market’s regular hours to avoid chasing moves after they occur. 😊 🌍 Market Overview First, as always, let’s glance at Bitcoin. BTC recently bounced from the 94,661 support level after a drop and is now struggling with the crucial 101,878 resistance. It also faces the psychological $100K level, which remains a significant barrier for traders. For next week, a breakout above 101,878 could present a long opportunity. Setting a stop-buy order now with a stop loss at 98,857 might prevent missing any whale-driven moves, as the market currently aligns more with the Asian trading session. If this resistance breaks and Bitcoin dominance drops, consider switching focus to altcoins for potential long trades. However, the next move for Bitcoin might be swift, with higher dominance and deeper pullbacks. Analyze it closely on the daily timeframe. 🕒 Weekly Time Frame On the weekly chart, AVAX shows strong performance, rallying from $8 to $58 before this bull run. Additionally, it formed a higher low at $20.78 in 2023, a positive sign for this coin. The trigger for a long position was the breakout above 32.48 on lower timeframes. If you’ve been following, it’s better to wait for a better entry or accept a stop loss to avoid missing out. This weekly candle isn’t my favorite unless it turns green, confirming buyer strength for a potential hold. A new entry could be considered at a weekly breakout of 58.73, but this carries high risk and requires a wide stop loss. Lower timeframes may present better opportunities. 📊 Daily Time Frame On the daily timeframe, AVAX recently broke 29.35 and 35.7, triggering spot buy entries. Current positions have returned 76% and 42%, respectively. These figures are shared not to induce FOMO but to encourage consistent market engagement and emotion management. Even if you miss an opportunity, other triggers will emerge. AVAX has completely recovered from its recent drop, showcasing buyer strength, and formed a bullish V-pattern. This pattern’s breakout confirms its bullish nature. The current resistance stands at 54.01, with an additional key level at 60.37. Of these, 54.01 is the primary level to watch. Managing positions after breaking this resistance is crucial, though reactions at 60.37 are still possible. Long-term members know this zone was previously a no-trade area. Back then, breaking 54.01 often led to stop-outs, while breaking 60.73 indicated whale activity. Depending on your risk tolerance, consider positioning accordingly. Personally, I prefer buying above 54.01 and accepting a stop loss. 🕒 4-Hour Time Frame On the 4-hour chart, AVAX has retested its 54.01 resistance and recovered from recent corrections. A breakout above this level could continue its bullish momentum. 📈 Long Position Trigger Long positions after the breakout are valid, with stop-buy orders and a relatively large stop loss. Above 69.14 RSI, momentum may increase significantly. 📉 Short Position Trigger For short trades, I’d recommend holding off. As long as Bitcoin trades above 80K, I wouldn’t consider shorting. 😊 💡 BTC Pair Insight Against BTC, AVAX has broken a significant weekly trendline and rebounded from strong support. It’s currently testing its trendline trigger, with bullish continuation expected after breaking 0.0005403 BTC. RSI above 70.35 confirms the momentum, boosting confidence in the USDT pair if the market remains bullish. 📝 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
32
TradeCityPro | FXS : Signs of a Bullish Momentum Surge👋 Welcome to TradeCityPro! In this analysis, I will evaluate the FXS token. This token belongs to the Frax project, which is considered one of the most comprehensive protocols in DeFi. It could be a strong investment for a bullish market portfolio. 📅 Weekly Timeframe: Early Signs of Bullish Momentum On the weekly timeframe, we observe significant selling pressure right from the beginning of the chart. This selling pressure has driven the price down twice: once from the 38.917 resistance to the 4.468 support, and again from 11.859 to 1.613. Notably, this is one of the few coins that has yet to revisit the lows it formed in early 2023. 📊 Despite the significant decline, market volume has consistently increased, and overall, buying volume has been greater than selling volume. 📈 Currently, in line with Bitcoin’s upward movement, FXS has also rebounded from its 1.613 low and climbed to the 4.468 zone. This upward movement occurred after breaking the 34.90 resistance on the RSI, which introduced considerable bullish momentum into the market. ✅ If the 4.468 resistance is broken, the next targets are 7.515 and 11.859. These two resistances mark the goals for the next upward movement if it continues, with 11.859 being a key critical resistance for this coin. 🚀 Breaking the 11.859 resistance will be challenging. However, if the market gains substantial momentum, FXS could break through all resistances with a large bullish candle and head towards higher targets. On the other hand, a gradual and steady approach towards this level would make breaking it significantly harder. 🔼 If this resistance is broken, additional bullish momentum could enter the market, enabling the price to move towards the 38.917 zone and potentially reach new all-time highs (ATH). 🔍 To explore more scenarios, let’s examine the daily timeframe for detailed insights. 📅 Daily Timeframe: Struggling Against Key Resistance In the daily timeframe, the latest upward movement in price is visible in more detail. As seen, after the last touch at 1.613, there was a massive and notable increase in buying volume. However, upon reaching the 4.819 resistance, a Blow Off candle was formed, marking the end of this trend’s upward leg. 📉 Currently, the price is in a corrective phase and has fallen below the 3.97 zone. If the correction continues, there is a significant resistance zone close to the 2.346 support level that I’ve highlighted. Should the RSI stabilize below the 53.46 support level, the likelihood of a deeper correction will increase. 🧩 Conversely, if the 4.819 resistance is broken, we could expect another rally for the price. The targets for this rally have been identified in the weekly timeframe analysis 📝 Final Thoughts 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! ❤️ above.
Long
by tradecitypro
15
TradeCityPro | EURAUD Analysis Buyers in Control👋 Welcome to TradeCityPro Channel! Let’s step outside the crypto space to analyze the EURAUD entry triggers for the coming week, examining both technical and fundamental aspects. 🌍 Fundamental Overview The EURAUD pair highlights the ongoing divergence between the Eurozone and Australian economic conditions. The ECB’s hawkish stance, supported by persistent inflation, strengthens the Euro, while the RBA’s dovish policies amid cooling inflation and a softening housing market weigh on the Australian Dollar. Additionally, Australia’s dependence on Chinese demand for commodities has created vulnerabilities due to China’s weaker-than-expected industrial growth. Geopolitical tensions, such as the Middle East conflicts, have supported the Euro, reinforcing its stability as a safe-haven currency. In contrast, Australia’s economic slowdown and labor market weakness are adding pressure on the AUD. The balance may shift as Europe's energy prices stabilize and China introduces economic stimulus measures. 🕒 4-Hour Time Frame On the 4-hour chart, buyer momentum is evident, particularly as the pair rebounded strongly from the 1.63584 support level after rejecting the 1.65469 resistance twice. This renewed bullish strength signals active buyers in the market. 📈 Long Position Trigger The 1.65469 level remains a strong trigger for a long position. Breaking above this resistance with volume could target the 1.684 zone, supported by RSI confirmation at 69.96. 📉 Short Position Trigger Despite the bullish momentum, a failed breakout or lower high near resistance could set up a short opportunity. A more reliable entry would be a breakdown of the 1.6358 support and trendline, targeting the 1.6016 level for a pullback. The pair’s trajectory will likely depend on macroeconomic developments and shifting risk sentiment in the week ahead. 📝 Final Thoughts 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