Page 17 | Tradecitypro — Trading Ideas on TradingView

TradeCityPro | Solana Ready to Rise or Follow BTC.D ?👋 Welcome to the TradeCityPro channel! Today, we’re diving into an analysis of the popular coin, Solana, reviewing past entry points, and scouting for new opportunities in the potential crypto bull run. 🟠 Bitcoin has hit a new high and maintained its dominance at 61.70%, effectively leading the market, Even if you missed opening long positions on BTC, there's good news—its dominance is on the rise, and the altcoin season might kick off soon! 🚀 Weekly Timeframe: Solana’s Stellar Performance Solana has been one of the market’s strongest performers, moving in sync with Bitcoin and outperforming many altcoins. Its market cap has even reached a new all-time high (ATH)! My personal entry point was at $27.67, followed by entries after breaking $47.88 and $124.59 on lower timeframes. If you’re in profit like me, consider: 1 - Withdrawing initial capital. 2 - Moving your holdings to DeFi platforms for added utility. New entries at this stage carry higher risk, as fewer confirmations are available. Wait for a break above $250.36 or even explore lower timeframes for better setups. We drew Fibonacci levels from $208.61, showing a correction around $124. Using Fibo extensions, potential targets are: $284 - $367 - $474 - $682 breakout above RSI 80.85, combined with increasing volume, could trigger these moves. 🌌 Daily Timeframe: Parabolic Growth Solana is forming a parabolic uptrend, with higher highs and higher lows. If the daily candle closes with strong volume, it could engulf previous candles, making it a great entry near $187 with a stop loss. After support at $162 was broken, two red candles were engulfed, confirming a fake breakout , Use this strategy on lower timeframes to enter positions aligned with the bullish trend. 🕒 4-Hour Timeframe Insights After breaking its daily range high at $185.34, Solana continued its rally, now at $244.57. stop-buy order was placed after breaking $221.75, supported by buyer momentum, and the position remains open , break above $246.29 will confirm our long position and momentum continuation. Avoid opening shorts under current conditions, Even in a 20% drop, I’ll focus on confirmations in lower timeframes to re-enter long positions. 💎 Solana/BTC Pair Insights Unlike most altcoins, which are at record lows against Bitcoin, Solana is holding steady. breakout above 0.0027030 BTC could spark a new rally, making it a prime candidate for entries. 📝 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! ❤️

🌟🔍 Bitcoin's Critical Phase 🚀💹 🔺 Bitcoin's Ascending Triangle in 4-Hour Frame: Bitcoin (BTC) is currently in an ascending triangle pattern in the 4-hour timeframe, which resembles a flag pattern in the daily chart. A breakout could potentially lead to a significant price pump. 📈 BTC Dominance and Altcoin Movement: As Bitcoin’s price rises, so does its dominance, which might limit altcoin movements. But this isn't the whole story. 🔑 Key Resistance at $37,850: In the 4-hour timeframe, BTC is grappling with the significant resistance level of $37,850 and hasn't yet secured a position above it. 🚀 Potential Move to Supply Zone: Upon a successful break and confirmation (not a fake-out), BTC could move towards the supply zone between $40,000 and $41,500. There's a high chance of reaching this zone due to short liquidations and FOMO in the market, followed by a correction after touching this area. 📌 Holding Strategy for Current Bitcoin Holders: For those who already own Bitcoin at good entry points, holding seems like the best current strategy. Personally, my entry points are at $18,000, $21,000, and $25,000, with a stop loss still set at $25,000. 🛑 Caution for Bitcoin Buyers: It's advisable not to rush into buying Bitcoin. Even if Bitcoin hits $180,000, it would represent a 300% gain, and the crypto market has the potential to offer much more. 📊 Futures Trading Approach: For futures, it might be wise to wait for Bitcoin to complete its movement and enter a ranging phase, and for BTC dominance to decrease or stabilize. This would be a more favorable time to open positions on altcoins. 🔑 Related Categories: Chart Patterns Bitcoin Analysis Market Strategy 📣 : What’s your Bitcoin strategy at this juncture? Let’s discuss in the comments! 💬🌐 #BitcoinTrend #CryptoStrategy #TradeCityPro 📚 Remember: Cryptocurrency investment is high-risk. Stay informed and invest wisely! 🧠💼

🌟🔍GALA's Remarkable Recovery 🚀💡 💹 GALA's Impressive Price Increase: Since the 98% drop from 2021, GALA has remarkably rebounded, gaining nearly 120% from its support at $0.01271. 🤝 Team Issues and Strong Comeback: After some internal issues among the GALA team, including disagreements between the CEO and founders/co-founders, the coin has made a notable comeback. 🔒 Current Resistance Challenge: GALA is currently facing a significant resistance at $0.02816. 📊 Rising Wedge in Daily Timeframe: The coin is in a rising wedge pattern, which is typically risky for continuation. If this pattern breaks down, there's a potential for a 33% drop to $0.01742, though this scenario seems less likely. 👀 Watching Bitcoin's Move: The next steps depend on Bitcoin’s reaction to its support at $36,358. A break below this level could lead to a decline to $32,800. 📉 Potential Impact on GALA: If Bitcoin loses its support, GALA may break its wedge pattern and experience a sharp decline. 🚀 Bullish Scenario for GALA: If Bitcoin holds its support and moves towards its high, and simultaneously Bitcoin dominance fluctuates or drops, GALA could be one of the best coins to buy. 🛒 Buying Strategy: Consider buying GALA after it breaks the $0.02816 resistance, especially for long-term holdings. Don't use a tight stop loss for long-term trades. For a safer entry, consider entering after it surpasses $0.03135. 👁️ Volume Importance: Pay attention to the volume to confirm the trend. 🔑 Related Categories: Pattern Analysis Resistance and Support Volume Analysis 📣 What’s your take on GALA's future? Share your insights! 🌐💬 #GALAToken #CryptoInsights #TradeCityPro 📚 Remember: Cryptocurrency markets are volatile. Always conduct thorough research before investing! 📈🔎

Gold's Impressive Rally 🚀💰 ✅ Strong Start for Gold: Today's daily candle for gold has opened with strength, successfully breaching the significant resistance level of $2006. 📈 Potential for Historic Highs: If gold manages to settle above this level today, the likelihood of it reaching its all-time high increases significantly. 🎉 Excitement Over Fourth Peak Attempt: Gold approaching its historical peak for the fourth time could bring substantial excitement. The market giants are closely watching this development. 🔑 Related Categories: Trend Analysis Support and Resistance Historical Analysis 📣 : What do you think about gold's current momentum? Will it break new records? 💬✨ #GoldRush #MarketAnalysis #TradeCityPro 📚 Remember: Investing in markets requires careful analysis and consideration. Stay informed and make wise decisions! 🌍💡