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TradeCityPro | ATOMUSDT the FOMC Meeting Results👋 Welcome to TradeCityPro Channel! Let's go together on the day that the FOMC meeting and Powell's speech were held a few minutes ago, let's take a look at the results and today's talks and analyze the altcoins on the daily time frame for you. 🌐 Overview Bitcoin Let's go together and take a look at Bitcoin, which did not have much of an impact on the interest rate news tonight and a few minutes ago, but Powell's speeches caused it to record a large but low time frame. As expected, the score and tonight's session also had a result that was predicted in advance and it can be said that it did not affect crypto and others much and its impact on the time frame was low, but it is likely that this Bitcoin trend will continue and let's go for a new move that will be accompanied by an increase in the possible dominance of Bitcoin The most important points of the FOMC press conference with Jerome Powell, Federal Reserve growth: Overall, the economy in 2024 was above 2% thanks to consumer spending , In the middle of last year, housing activity stabilized .The labor market is not a source of inflationary pressures! , In three meetings, we have reduced the interest rate by 100 basis points. Currently, monetary conditions are less restrictive and we are in no hurry to reduce it, if inflation moves towards the 2% target as expected, we will keep the interest rate unchanged for a longer period of time. 📈 Daily Timeframe In the daily time frame, the atom rejected from 10.322 and made a lower ceiling at 7.447. Currently, it is forming a lower ceiling and ceiling, but it has more than its daily box. Also, this move causes us to be in a falling wedge, which is bullish in nature and we usually fall into this pattern from a decline and after its trigger is activated, it sees a trend change forward and in any case it breaks from the floor. This pattern fails To buy again in the spot, you can break the trigger of this pattern at 6.266 and buy, but make sure that this pattern breaks and a higher ceiling and ceiling is recorded and we make our purchase at 7.44, the weekly box ceiling trigger. It is also 10.332 After the break of 5.675, if the market corrects, you can move up to the level of 4.923, but after the break of 3.907, I will remove myself and take my coins out of the stake and cash them out because I saw the possibility of a 30% drop and I will not be with it. 📝 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
3
TradeCityPro | ICP: Navigating the Waves of Crypto AI👋 Welcome to TradeCityPro! Today's analysis focuses on the ICP coin, a project within the crypto AI sector boasting a market cap of $4 billion. 📅 Weekly Timeframe In the weekly timeframe, we're observing a rounding pattern that has been forming for some time, establishing a low at $2.923. Currently, an upward trend has begun, and we are now in a correction phase. 🔍 The bullish trend began with the breakout of $6.562, which continued up to $14.957, and now a range box between $6.562 and $14.957 has formed. The volume is consistently supporting the trend, converging well. The price is currently near a curved trend line, and it remains to be seen how it interacts with this area. 🧩 The overlap of this trend line with static support areas might create a very strong PRZ, potentially starting the next bullish leg. Conversely, if this trend line breaks, the likelihood of a trend reversal increases. 🔽 If the area of $6.562 is broken, we could confirm the beginning of a trend change. If increased selling volume enters the market and momentum turns bearish, the minimum bearish target for the price could be $2.923. A break of 36.20 on the RSI would support this scenario, increasing its likelihood. 📈 On the flip side, if the price can maintain support and break the ceiling of $14.957, the next bullish targets would be $23.104 and $79.510. 📅 Daily Timeframe In the daily timeframe, we are seeing a descending wedge starting from the peak of $15.511, directing the price back towards the bottom of the box. Currently, both the floor of $9.834 and the RSI at 38.84 have been breached and confirmed. The price is reacting to the bottom of the wedge and may gradually descend to the bottom of the box. ✨ If the wedge breaks downwards past $6.857, bearish momentum will enter the market, and the price could move toward a target of $5.188. 📉 Conversely, if the wedge is broken upwards, we have a trigger at $11.421, which is currently not advisable. We need to wait for the price to form a structure near this resistance and strengthen this area with a reaction. In this case, this area could be a suitable trigger for a breakout. 🔼 main long trigger is at $15.511, which we discussed in the weekly timeframe. If the price can stabilize above this area, we may witness a very strong bullish leg. 📝 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 Academy | Risk Management👋 Welcome to TradeCityPro Channel! Let’s continue with another training session after the first part, which was about Capital Management, and dive into the important topic of Risk Management. 🕵️‍♂️ Risk Management as a Profession One of the heaviest responsibilities, riskiest roles, and most demanding efforts in studying or working in a company lies in the field of Risk Management. The job of risk management exists in various fields, including banking, insurance, investment, and consulting. People working in this field are responsible for identifying financial, operational, or project-related risks and designing strategies to reduce or manage them. The income of a risk manager varies depending on the country, industry, level of experience, and scope of the project. In developed countries, risk managers in financial industries can earn high incomes. On average, in the United States, the annual income of a risk manager ranges between $80,000 and $150,000. 💰 Risk Management in Financial Markets Risk management is one of the most important skills and concepts in the world of finance, business, and even daily life. It helps you identify, assess, and control potential risks to avoid unexpected losses. 💡 What is Risk Management? Risk management is the process of identifying and assessing potential threats and then taking actions to reduce or eliminate their negative impacts. This process helps you make more informed decisions and protect your capital or resources from unnecessary risks. In financial markets, risk management means identifying, evaluating, and controlling risks related to investments to prevent major losses. This includes setting a Stop Loss, diversifying your investment portfolio, using leverage responsibly, and sticking to your trading strategy. The primary goal is to preserve capital and optimize profits by managing potential risks. 💵 Why Should We Manage Risk? Before diving into the explanations, let’s illustrate the concept of risk management with a life example: Do you give the same kind of gift to your parents or partner as you would to a distant relative or a friend you recently met? Of course not! Everyone holds a different level of importance in your life. Now let’s examine this in financial markets. It’s better to have different risk management strategies for your setups and strategies based on market conditions. Categorize them into different groups using your Excel data and setups. As a side note, in this training, when we talk about risk, we mean the amount of capital you will lose after entering a position and hitting your stop loss not just the amount of capital involved in the position. Additionally, if you don’t have a written trading plan, strategies, or if you don’t document your positions in Excel or any other platform, this will not be beneficial for you and may result in future losses. 💼 Implementing Risk Management in Trading We need to categorize our trades based on market conditions, daily circumstances, chart setups, strategies, win rate, written trading plans, and our trade entry checklist. Here’s how I categorize trades: Very Risky - Risky - Normal - Confident 1️⃣ Very Risky For this category, it’s better to have a separate account purely for testing, FOMO, or experiments. These trades have very few confirmations (1–2). Trade with less than 0.1%–0.25% of your main capital in this category. 2️⃣ Risky These trades are opened in your main account because they generally meet some confirmations but lack key ones. For instance, you anticipate a resistance breakout and go long before confirmation. These trades usually have a small stop loss, leading to higher risk-to-reward ratios. Use 0.25%–0.5% of your capital for these trades. 3️⃣ Normal These trades have most confirmations but might miss a few. For example, out of 10 items on your checklist, 6–7 are confirmed. These form the majority of trades. Be cautious about the win rate of this category, as it should be higher than your overall average. Use 0.5%–0.75% of your capital here. 4️⃣ Confident These trades have all major confirmations, and your strategy’s triggers are activated. Additionally, 8–9 out of 10 items on your trade entry checklist are confirmed. These are your most confident trades. Use 0.75%–1% of your capital for these trades. ⚠️ Daily Risk Management Don’t use your entire daily risk limit at once. For example, if your daily risk is 1.5%, keep some risk in reserve in case your first trade hits its stop loss. This allows you to recover and even profit later in the day. Focus on normal trades. These should form the majority of your trades since they maintain a healthy win rate. Risky trades might lower your win rate, while confident trades occur less frequently and won’t significantly impact your overall win rate. 📝 Building Risk Management and Consistency Risk management based on your checklists and spreadsheets can take around 6–8 months to develop, starting after learning technical analysis. In the beginning, allocate 0.5% risk per trade while documenting your trades. This will prevent unnecessary self-blame for stop-loss hits in risky trades and help you trade confidently with a solid plan. ❤️ Friendly Note If you don’t follow these principles, trading might become an on-and-off journey, leading to frustration and eventual market exit. In the end, your money will go to traders who adhere to these rules. If you’ve read this far, congratulations! Unlike misleading social media ads, this guide offers genuine, practical insights. Be proud of your effort and focus on applying these principles. Let’s progress together and elevate our lives through financial markets. 😊
Education
by tradecitypro
51
TradeCityPro | EOSUSDT Seeking Structure Formation👋 Welcome to TradeCityPro Channel! Let’s analyze another altcoin on our watchlist, one of the oldest altcoins, which has experienced two bull runs so far. 📊 Weekly Timeframe In the weekly timeframe, it’s still one of those coins that remains within its long-term range box, which has lasted nearly 1,000 days. Recently, by making a fake breakout of its last support at 0.4485, it had an attractive upward move and reached the top of its range box at 1.3255. I haven’t held this coin myself and probably won’t buy it in the future either, but you can make your purchase either after the box ceiling breakout or take early triggers in lower timeframes. Now, why won’t I buy it? Because coins like EOS or LTC, which are old, didn’t even reach their previous highs during the last bull run, or at most, moved up to those levels, which isn’t very appealing. 📈 Daily Timeframe In the daily timeframe, however, it’s one of those coins that stands a notch above others and hasn’t returned to its daily range box, holding above higher supports. The 0.7558 level is highly significant as it represents both 50% Dow Theory wave retracement and 0.5 Fibonacci level, making it a PRZ (Potential Reversal Zone). Losing this level could delay the next bullish move, but after that, the 0.6192 level will also hold great significance. After our move to 1.3703 and its correction, our volume has been decreasing on the retracements and increasing on every upward move—this is a good sign for bullish continuation. If, in the coming days, sellers fail to break the 0.7558 support, we might see continued range-bound movement or a temporary upward move. For another purchase, either wait for a fake breakout at 0.7558, or you can make your purchase with the breakout of triggers at 0.9827 and 1.3703, but I’d recommend first checking the project and its community and being patient for momentum entry. 📝 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
5
TradeCityPro | ADAUSDT Continued Upward Momentum?👋 Welcome to TradeCityPro Channel! Let’s analyze ADA, one of the popular altcoins in the market, and identify potential entry and exit triggers. 🌐 Overview Bitcoin Before diving into ADA, let’s check Bitcoin’s 1-hour timeframe. After breaking the 104227 support, a short position could have been opened, as I mentioned earlier. With a tight stop-loss and quick profit-taking, you could have achieved a risk-to-reward ratio of 6:1 under strict conditions. Additionally, after the fake breakout at 98867 (a significant support), Bitcoin experienced a sharp move followed by a pullback to 101991, which was rejected. Now, Bitcoin is back at the 98867 support. If this level holds, Bitcoin will likely range within the box. If broken, another short position can be opened, but remember to secure profits quickly. 📊 Weekly Timeframe In the weekly timeframe, ADA stands out compared to most other altcoins. It has effectively broken out of its weekly range box but has reacted to the next resistance level, with Bitcoin holding back further gains. ADA also made a higher low in 2024 compared to its 2023 low of 0.2390, demonstrating bullish behavior and avoiding a drop to the 900-day range box bottom. If you bought ADA at the breakout of the daily range box ceiling (0.4562), continue to hold for now. However, if you’re worried about losing profits or have limited capital, you can consider withdrawing your initial investment while letting the rest ride. For new entries, look for either a strong reaction at the 0.7458 level with daily momentum triggers or a breakout above the 1.1982 key resistance. Personally, I’m planning to add to my position after 1.1982 breaks. 📈 Daily Timeframe On the daily timeframe, ADA found support at 0.3134 after several tests. Sellers failed to break this support, allowing buyers to gradually step in. Following the breakout of the short-term range box ceiling at 0.3659, ADA experienced an impressive 230% rally. After this rally, ADA entered a range box, where it’s unclear whether it’s a re-accumulation zone or a distribution zone. This will become evident when the box is broken, either upward or downward. Currently, the critical resistance is at 1.1299, which has been tested and rejected three times, making it a key level. For new purchases, I’m waiting for a breakout above 1.1299, combined with increased volume and an RSI above 62.52. Inside the box, I won’t take any action as I’m already holding ADA, but I’ll aim to add more if these conditions are met. For short-term profit-taking, you can consider exiting if ADA drops below 0.836, which is a significant support level. However, be prepared to re-enter after reclaiming this level or upon confirming a fake breakdown. If 0.836 breaks down convincingly, we might see further support levels at 0.7049 and 0.6124. 📝 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
12
Tradecitypro | HBAR: Momentum, Key Levels, and Future Targets👋 Welcome to Trade City Pro! In this analysis, I’ll be reviewing the HBAR coin, which belongs to the Hedera project. This coin operates in the DeFi and RWA categories and also features a Layer 1 network. 📅 Weekly Timeframe On the weekly timeframe, we observe a powerful bullish leg that began at the 0.04226 level and extended to 0.33994, marking an impressive 700% growth. 🔍 The 0.33994 level serves as a critical resistance, closely aligned with the 0.44075 resistance, creating a highly significant supply zone between these two levels. ✨ Currently, the price has been rejected twice from this area. In my view, this is a healthy development for the bullish trend, as corrections are essential for sustained growth. Considering the 700% surge over a few candlesticks, this pullback likely helps close long positions and strengthens the trend's foundation. 📊 Market volume has also been decreasing during this correction, signaling alignment with the bullish trend. Additionally, the RSI is exiting the overbought zone, paving the way for the price to establish a new structure and potentially resume its upward movement. 🔼 If the 0.44075 resistance is broken, the price could achieve a new all-time high (ATH). To determine specific targets, we need to wait for this resistance to break and use Fibonacci levels based on the recent corrections. 📉 In case of a deeper correction, the 0.13023 level will be the most critical support. This area has shown strong reactions in the past and can act as a solid support during significant pullbacks. The 0.19647 level could also provide support, but the primary level remains 0.13023. 📝 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
10
TradeCityPro | AIOZ: Harnessing AI in Crypto's Competitive Arena👋 Welcome to TradeCityPro! In this analysis, I want to review the AIOZ coin for you. This project is one of the AI projects and competes with other numerous AI crypto projects. 📅 Daily Time Frame In the daily timeframe, we are observing a ranging trend that is slightly accompanied by bullish momentum, and there is a possibility of breaking the range ceiling and becoming bullish. 🔍 Currently, the price has started a bullish trend from the low of 0.36363, reaching up to 1.20904, and is now in a correction and rest phase. The correctional range box is between 0.73691 to 1.20904. 📊 The support at 0.73691, which overlaps with the 0.382 Fibonacci correction, has created an important PRZ (Potential Reversal Zone). Currently, for the third time, the support at 0.73691 is being tested, and every time the price reaches this area, a volume of buying enters the market, and this time, as we are seeing today, a significant amount of buying volume has entered. ✨ The RSI oscillator currently does not have a specific trigger, and we need to wait until the price breaks one of the important areas. If the support at 0.73691 is broken, the RSI trigger would be breaking below 30, and if 1.20904 is breached, the trigger for this oscillator would be breaking above 70 and entering the Overbuy zone. 📉 If the support at 0.73691 is broken, the next supports are the 0.5 and 0.618 Fibonacci areas, with the 0.618 zone overlapping at 0.55669, which makes this area more significant. If this area is breached, it can be said that the bullish momentum is completely lost, and the price could move towards 0.36363. 🔼 The main support is at 0.36363, which is very important, and if this level is broken, it confirms a trend change. On the other hand, if 1.20904 is broken, it confirms the trend turning bullish, and we could witness the next bullish leg. 📝 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
9
TradeCityPro | Navigating NEXO's Financial Waters👋 Welcome to TradeCityPro! In this analysis, I want to discuss the NEXO coin for you. The NEXO project is a payment platform. This coin has always had issues with the US government and has been involved in several legal cases, but now, with Trump as president, it's experiencing a more relaxed environment. 📅 Weekly Timeframe In the weekly timeframe, we are witnessing an upward trend that started from a low of $0.521 and has managed to reach $1.523 with high buying volume and upward momentum. 🔍 After reaching the $1.523 area, a correction phase started, and the price dropped to $0.923, forming a range box between $0.923 and $1.523. 🔼 Considering the size of the candles, price behavior, and volume, it seems that buyers have been stronger than sellers in this range because they have managed to test the resistance at $1.523 three times, weakening this area with each attempt. ✨ Currently, the price is moving toward this resistance again. Given the high market momentum and key indices like TOTAL, this coin could also see significant momentum if it aligns with these indices, potentially breaking this resistance. 🚀 If the $1.523 resistance is broken, the price targets are around the Fibonacci Extension levels of 1 and 1.618, which approximately align with the $2.6 and $4.9 areas. 💵 Regarding market cap, the current price has a market cap of $900 million. Given this market cap, the potential to reach these targets could increase. 📉 In case of a correction, the first significant area is $0.923. A break below this area could signal a trend change. A break below 50 in the RSI could also indicate a trend change. 📅 Daily Timeframe In the daily timeframe, we can see more details of the price movement within the box. As observed, the price in its last upward move has managed to move toward the $1.542 resistance after breaking the previous high of $1.065. 👀 After reaching $1.542 and the peak of buying volume, a price correction began with decreasing volume, correcting down to the 0.5 Fibonacci level. This area is also an important support zone, and the price has reacted to this zone, now moving back toward the $1.542 resistance. ⚡️ Currently, breaking the 60.23 level in the RSI could be very crucial. If this area is breached, considering the momentum entering the market, the likelihood of breaking $1.542 increases. 📈 The best long trigger currently is at $1.542. If the price stabilizes above this area, we can expect an upward price movement. 💥 On the other hand, if selling volume enters the market and we see large red candles, more significant corrections are possible, and the price could drop at least to the previous low of $1.212, the 0.5 Fibonacci area. 💫 In case of a deeper correction, the next support areas are the 0.618 Fibonacci level ($1.144), $1.065, and $0.0950. If the RSI breaks below 50, we can expect a confirmation of a downward momentum, making it a risky move to anticipate further price drops without solid triggers. 📝 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
11
TradeCityPro | MANAUSDT Potential Fake Breakout of Support👋 Welcome to TradeCityPro Channel! Let’s analyze MANA, one of the metaverse-category altcoins in the cryptocurrency market. Recently, I’ve had a feeling that we might witness a fake breakout in the market. Scroll Down to Check Out the Analytical Chart as Well! 🌐 Overview Bitcoin As always, we start with Bitcoin’s 1-hour timeframe, which is currently in a calm state with no significant fluctuations, essentially ranging. If the 104227 trigger breaks and a lower high is formed, you can open a scalping short position, but make sure to secure profits quickly. For long positions, I plan to open one after 106498, as Bitcoin dominance is likely to rise, making Bitcoin my primary focus. 📊 Weekly Timeframe On the weekly chart, MANA remains within a 200% range box, recently rejecting from the box's ceiling. I’ve already bought some MANA, but my main trigger for significant buying is a breakout above 0.7638. I don’t pay much attention to fluctuations inside the range box. After breaking the box ceiling, MANA could easily yield up to 600% profits depending on token count and market cap. If you’ve already bought within the range without sufficient momentum, consider setting your stop-loss below 0.2519. For re-entry, as mentioned earlier, wait for a breakout above 0.7638, where I’ve set my alerts. 📈 Daily Timeframe On the daily chart, after breaking our daily trigger at 0.3390, which was also the box ceiling, we witnessed an impressive move, gaining 130% up to the box ceiling at 0.7833. This demonstrates why it’s better to buy after a momentum-driven breakout rather than inside the range box. Post-breakout purchases often lead to faster profit realization and better stop-loss placement, even if the entry point is slightly delayed. Currently, MANA is at a critical support level, correcting 50% of its impulsive wave, which is significant both in terms of Fibonacci retracement and Dow Theory, classifying it as a potential PRZ (Potential Reversal Zone). For re-entry, a risky buy can be considered after 0.5782, while a safer buy opportunity lies after breaking 0.7833. It’s too early to exit or take profits now, and I wouldn’t act on a breakdown of 0.4614, except to open a short position. ⏱ 4-Hour Timeframe On the 4-hour chart, MANA is ranging at the 0.4614 key support, repeatedly testing this level without significant upward movement, indicating stronger selling pressure. However, if sellers fail to break this support, buyers may step in, potentially driving the price higher. 📉 Short Position Trigger The short position trigger is straightforward: I will open a short position after breaking 0.4614. However, since I expect a fake breakout, I will secure profits quickly on any short positions. 📈 Long Position Trigger Currently, there isn’t a clear long trigger. If a fake breakout occurs, I’ll look for opportunities to take a long position using my fake breakout strategy. Additionally, if higher highs and lows form, I’ll search for a reliable long trigger. 📝 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 | AXS: Axie Infinity's Play to Earn Dynamics👋 Welcome to TradeCityPro! In this analysis, I want to discuss the coin AXS, which belongs to the project Axie Infinity. This coin gained a lot of hype during the previous bull run as part of a Play to Earn game. 📅 Weekly Time Frame In the weekly time frame, we see a very large and long-term range box where the price has been oscillating between 4.221 and 12.610 since late 2022. 🔍 The SMA 99 has even entered the range, indicating a severe ranging market. I do not recommend buying this coin as it has very high inflation, and the coin has a consumptive and reward aspect in the game, leading most users to sell the coin they earn, which is why it has not been able to break out of its range box yet. 🔽 If the price breaks below the support at 4.221, it will be very challenging for AXS as a sharp and heavy drop is very likely, and selling pressure will significantly increase. The only support area below this is at 1.355. ✅ If the price manages to break the resistance at 12.610, the potential for an uptrend increases. The next resistances are at 19.426 and 44.596. The major resistance near the ATH is at 161.591. 📅 Daily Time Frame In the daily time frame, we can observe the price behavior in more detail. As you can see, there is a descending trend line that has been driving the price downward after reaching a high of 9.534, starting as a correction but turning into a downward movement due to the volume of sales. 🔽 If support at 5.439 is broken, it confirms the end of the uptrend, and the price will return to the box between 4.306 and 5.439. If support at 4.306 is broken, the situation will worsen for AXS as, as seen in the weekly frame, there is no significant support until 1.355. 🧩 Conversely, if the price can regain upward momentum and buying volume enters the market, we can expect the price to rise. The first significant trigger is the breaking of the descending trend line, which could introduce momentum into the market. Breaking above the 50 area in RSI could also assist in this upward movement. 📈The main trigger for a price increase is breaking through 7.366, a risky move, with primary buying triggers at the resistances of 9.534 and 12.610. 📝 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
9
TradeCityPro | STXUSDT Sellers Final Attempt👋 Welcome to TradeCityPro Channel! Let’s analyze one of my favorite coins, STX, which serves as Bitcoin's layer 2 and is currently in a better condition compared to other altcoins. 🌐 Overview Bitcoin As always, before analyzing STX, we’ll take a quick look at Bitcoin on the 1-hour timeframe. Bitcoin bounced off the 102873 support, with its recent fluctuations caused by the Trump-related events and their accompanying market noise. Bitcoin dominance continues to climb, and it’s likely we’ll see a new high along with bullish movement in Bitcoin dominance. It’s a good idea to either open long positions on Bitcoin or hold your existing long positions. Altcoins paired with Bitcoin that are showing bullish signs might also see upward movement. 📊 Weekly Timeframe On the weekly timeframe, STX stands out as one of the most bullish coins in the market, alongside Solana, Doge, and Sui. This highlights the strong current position of this project. The key resistance level is at 2.708, while the 3.696 ATH can be considered a fake breakout. For trading, it’s better to base your entries and positions on the 2.708 resistance. The coin has been moving along an important supportive trendline that had multiple successful retests. However, this trendline has been broken, a pullback occurred, and the trendline trigger activated with the breakout at 1.299, which currently serves as a critical support. This level is both a major weekly support and the 0.382 Fibonacci level. If broken, the price could drop further to 0.738. For new entries, either wait for the 1.765 level in lower timeframes or the primary trigger at 2.708. Exiting below 1.299 in profit might be a smart move. If the price reclaims this box, you can re-enter. Although this strategy reduces the number of coins, it ensures no USD losses. 📈 Daily Timeframe On the daily timeframe, the price is at the 1.355 significant support level, with lower highs and relatively flat lows forming a compression pattern and a trendline. I won’t exit my spot holdings below 1.355, but I may take the risk of opening a short position after breaking this trigger. Part of the profits from this short position can be used to accumulate more STX coins for long-term holding. For re-entry on the daily timeframe, momentum or a trend reversal is necessary. This could happen with a fake breakout of 1.355, which is a critical support level. Buyers will likely make an effort to defend it. Alternatively, you can wait for the trendline breakout and the 1.674 level to open your spot positions with a risky stop-loss below 1.355. A breakout above RSI 50 can also serve as confirmation. ⏱ 4-Hour Timeframe On the 4-hour timeframe, the chart shows consolidation near the 1.355 critical support, oscillating within the 1.355 to 1.674 box, with sellers slightly stronger. 📉 Short Position Trigger The short position trigger is clear. After breaking 1.355, I’ll open a short position. If the price moves closer to this level, I might also place a stop-sell order if bearish volume increases. 📈 Long Position Trigger Long positions are trickier with this chart. For such positions, I’d either check other charts or wait for a higher high and low or a fake breakout of 1.355 before considering opening a long position. www.tradingview.com 📝 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
16
TradeCityPro | KCS: Navigating KuCoin's Cryptocurrency Waters👋 Welcome to TradeCityPro! In this analysis, I will be examining the KCS coin, associated with the KuCoin exchange, one of the largest crypto exchanges globally. 📅 Weekly Timeframe In the weekly timeframe, we are witnessing a very large and long-term range box, where the price has been fluctuating for about 1421 days. The price floor of the box is at 3.905 and the ceiling at 25.505. 🧩 This range box is vast, about 500% wide, but considering the volume and market cap of this coin, it makes sense for it to oscillate in such a broad range over 1400 days. 📈 Currently, the price is moving upwards from the box's floor towards its ceiling, with buying volume gradually increasing along this path and decreasing during corrections, indicating a strong bullish trend. ✨ The main resistance the price is now approaching is at 14.884, which the price has touched once before and is currently attempting to test again after rebounding off the trend line. 📊 If the area at 14.884 is breached, there is no significant resistance until the box's ceiling, and the price could stabilize above 14.884 and move towards 25.505. Increased buying volume and breaking through RSI regions could assist the price in reaching this target. 🔽 Should the trend line break and corrections begin, significant correction areas would be at 5.853 and the main support at 3.905. Such a correction could occur if the broader market and other altcoins also enter a correction phase. 📅 Daily Timeframe In the daily timeframe, we observe an upward price structure starting from a base of 7.247, with the first leg moving up to 13.749. 🔍 The upward move corrected to the 10.546 area, coinciding with the 0.5 Fibonacci level, and after forming a smaller box visible in lower timeframes, the price is again trending upwards. ✅ The next immediate resistance is at 13.749, which appears accessible, and I expect the price to reach it soon. Breaking this area could see the next resistance at 15.775. 📉 In a correction scenario, if the price creates a lower high than 13.749, a decline to at least 10.546 is plausible. Further correction zones would be the 0.618 Fibonacci level at 8.719. Breaking these levels could bring the next support at 7.247 into play. ⚡️ If the RSI drops below 50, it could confirm the onset of bearish momentum in the market. This is a risky move, and I prefer to wait for more certain triggers. 📝 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
TradeCityPro | DEXE: Unveiling DeFi Synergies👋 Welcome to TradeCityPro! In this analysis, I will be examining the DEXE coin, a DeFi protocol utilized by prominent projects such as Chainlink and Venus. 📅 Weekly Timeframe In the weekly timeframe, we observe a strong and powerful upward trend that started at the base of 1.940 and has followed a curved trend line up to 17.493. 📈 Currently, after a correction down to 7.18, bullish momentum has re-entered the market, and the price has once again reached 17.493. The RSI is also entering the Overbuy territory, and with the increasing buying volume entering the market, everything is set for the price to move upwards. ✅ Should the price move and stabilize above 17.493, we can expect an increase in price, reaching Fibonacci targets such as the 1 and 1.618 Fibonacci Extension levels, approximately at the 43 and 133 zones. 🔽 In a correction scenario, if the price fakes breaking the 17.493 resistance and starts a new correction phase with a breach of the curved trend line, the correction phase will commence. Key supports are at 7.18, 5.072, and 2.767, and if the 1.940 support breaks, a bearish trend in the High Wave Cycle will start. 📅 Daily Timeframe In the daily timeframe, we see a solid and powerful ceiling at 20.022, where after significant buying volume and a rise from 7.180, the price has reached and struck twice. If this area is breached, the price could move upwards and set new ATHs. ✨ Increasing buying volume and RSI entering Overbuy will greatly assist in driving the price up and initiating a trend. Conversely, in a price correction, a break of 50 in the RSI could deepen the correction and we could witness a significant price adjustment. 🧩 For a deep correction, the price needs to stabilize below 13.704. In this case, we can expect the correction to continue down to 7.180. ⏳ 4-Hour Timeframe Let’s delve into the 4-hour timeframe to outline the triggers for futures positions. 🔼 For long positions, the only trigger currently present is breaking 20.767. If this area is breached or the price pulls back to this area, we can enter a long position. The RSI entering Overbuy, as mentioned in other timeframes, will aid price momentum. 📉 For short positions, it is crucial to note that the price is near its ATH, creating a very strong supply zone. Consequently, if the price is rejected from this zone, bearish momentum could enter the market. Therefore, we could take an early and risky entry for a short position at the break of 16.441 and wait for the main position at the break of 13.447. 📝 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
8
TradeCityPro | IOTAUSDT Identifying a Re-Entry Point for Buying👋 Welcome to TradeCityPro Channel! Let’s analyze one of the oldest coins in the market that has recently experienced a bullish move. Together, we’ll find our entry and exit points. 🌐 Overview Bitcoin As always, before analyzing IOTA, we’ll take a quick look at Bitcoin on the 1-hour timeframe. Bitcoin is currently undecided, consolidating below its resistance and ATH while undergoing a correction. The positive aspect of this is that the volume is decreasing during the correction phase. If you missed the previous entry, you can open a long position at the 106996 resistance with a wide stop-loss at 99851. This level can also act as your spot trading trigger, but only if you don’t hold Bitcoin. Personally, I would wait for Bitcoin’s dominance to drop and then switch my focus to altcoins. 📊 Weekly Timeframe On the weekly chart, IOTA has been within a falling wedge pattern, which is inherently bullish and capable of reversing the primary trend. After breaking the 0.1423 trigger, the bullish move was activated. Before the breakout, the weekly candle engulfed the three previous candles, signaling that bearish momentum had ended and giving an early signal to add this coin to the watchlist. If you entered at 0.1423 or 0.2022, it would have been logical to secure your initial investment and continue holding the remaining coins. For now, there aren’t any clear weekly triggers for a new entry. 📈 Daily Timeframe On the daily timeframe, IOTA has been performing better than most altcoins. While many altcoins have retraced to their daily boxes, IOTA remains above the 0.382 Fibonacci level, which is a strong bullish signal. Momentum entered the coin after breaking the 0.1888 resistance—the top of the daily box—with a strong candle and good volume. At that point, it was possible to enter with a risky stop-loss at 0.1485 or a safer stop-loss at 0.1081. Afterward, the price moved up to 0.4999, showing signs of weakening momentum with smaller candles indicating a potential pullback. If you’ve already entered during the breakout, hold your position for now. You can exit if the price stabilizes below the 0.28 support, but I personally wouldn’t, as the chart still shows a bullish posture. If you’re looking to re-enter or add more, wait for a breakout above 0.4018, which could initiate a new primary bullish trend. The 0.1081 fake breakout triggered a significant reversal, marking the start of a new bullish move. This behavior highlights the importance of recognizing fake breakouts as trading opportunities. If 0.28 is broken, the next support levels to watch are 0.2365 and 0.1888, though it’s unlikely for the price to drop below these levels at this stage. As long as the price stays above 0.28, IOTA remains bullish , Wait for a breakout above 0.4018 to confirm a new bullish trend , Support levels are 0.28, 0.2365, and 0.1888 , IOTA continues to show strength, making it an interesting candidate for long-term holding or strategic trading. 📝 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
6
TradeCityPro | GT: The Ascent of GATE.io’s Native Token👋 Welcome to TradeCityPro! In this analysis, I will review the GT coin, the native token of the GATE io exchange, which is one of the largest cryptocurrency exchanges globally, currently ranked 12th. 📅 Weekly Timeframe In the weekly timeframe, we observe a very large and long-term box ranging from 2.941 to 8.395, where the price has been moving for about 1260 days. 🔍 After the price bottomed at 2.941, a bullish momentum entered the market, and after reaching 5.626, it established a new bottom at 3.617. Following the breach of 5.626, it reached and eventually broke the 8.395 ceiling. 🚀 Currently, the price has pulled back to the 8.395 area and has separated itself well from this range. The market volume has converged nicely with the price, confirming the bullish trend. The price is now at its ATH and has passed the 0.618 Fibonacci extension, heading towards 0.786. 🧩 The RSI oscillator is very high at 88, indicating a lot of greed in the market. A significant resistance exists at 95.62, and there is a possibility that the price could reach this area. However, while the potential for further bullish movement exists, it’s crucial to note that the RSI is very high, and any weakening of the trend could lead to deep and unexpected corrections. ✨ There’s also a curved trend line visible, which could serve as dynamic support in case of corrections. 📅 Daily Timeframe As seen, the price has broken the crucial resistance of 8.395 and after a pullback to this area, it has breached the 10.615 resistance with very strong and continuous momentum; it has not undergone any corrections yet. 📈 The RSI has been in overbuy for a long time since breaking 10.615, only dropping below 70 once, indicating very high bullish momentum. Currently, it is attempting to break the 81.68 area in the RSI. If this area is breached, the momentum will likely increase further, and the price could potentially move towards a target of $30. 🔑 It’s important to note that this sharp and uncorrected trend, which has been in overbuy for an extended period, is not a reliable pattern and could face a sharp correction at any moment. However, it might also continue. Personally, I expect to see a sharp corrective candle sooner or later that will take the price out of overbuy and lead to the formation of a new price structure. ⚡️ Currently, no clear trigger can be drawn from this chart since no significant highs or lows have been formed, and it continues to move in a cascade. I personally will wait for the price to form a better structure, similar to when it was below 10.615, and enter a buy position upon breaking the high of that structure. ✅ If you currently hold GT and the price exits overbuy or shows signs of rounding, you might consider securing profits. However, as the price is moving sharply and well, there is no need to close your position now. If you are over 100% in profit, you might consider taking out your initial investment. 📝 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
TradeCityPro | ICPUSDT Early Entry Points👋 Welcome to TradeCityPro Channel! Let’s update the analysis of ICPUSDT, one of my favorite altcoins. We'll review the new triggers for potential early entries together. 🌐 Overview Bitcoin Before diving into the analysis, as always, let’s take a look at Bitcoin on the 1-hour timeframe. Bitcoin shows potential for upward movement, as recent candles have pushed its price higher. With increasing volume, it could even set a new ATH. A breakout above the 108454 trigger could present a risky long position with a wide stop-loss. As Bitcoin’s dominance is rising, this indicates that bullish movements may first occur in Bitcoin. It’s better to focus on Bitcoin or coins with a strong performance relative to Bitcoin. 🕵️‍♂️ Previous Analysis In our last analysis, the trigger for a long position was 12.476, but it was never activated. Instead, the price rejected from that level, breaking our lower timeframe trigger. Sellers took control, causing Fibonacci levels to be revisited and the price to move towards the 9.821 support. 📈 Daily Timeframe Currently, after rejecting the 11.333 resistance, the price has entered a triangle pattern and is consolidating. A breakout from this triangle seems imminent. When the price rejected from 11.333, we observed increased volume, which isn’t ideal for bullish momentum as it highlights the strength of sellers. However, the price is now sitting on a critical support level, which is also the 0.618 Fibonacci level and the top of the daily box, now acting as daily support. The daily candle looks promising, sitting on a strong support level. You can consider buying based on this setup, but I prefer to wait for the continuation trendline to break or for the 11.333 trigger to be breached. The 11.333 level is especially significant after the recent rejection. If we see increased volume upon breaking it, I’ll enter a position myself. For exiting this coin, as long as we remain above $7, I’ll continue holding unless negative news arises. Keep in mind that my entry point is 3.582, which I previously mentioned. Exiting below $7 would still be in profit for me. However, I recommend exiting at current levels if your entry was higher. ⏱ 4-Hour Timeframe After rejecting the 12.476 level, the price dropped to 9.466, where it seems to have stabilized, and bearish momentum has subsided. 📉 Short Position Trigger I’ll consider opening a short position if the 9.466 support is broken. Profits from this trade will be used to accumulate more ICP, effectively making my holdings cost-free. 📈 Long Position Trigger For a risky long position, you can enter after the continuation trendline breaks. Personally, I prefer waiting for the price to reach 11.411 and break that level before entering a long position. This ensures that momentum has entered the coin, allowing me to trade with greater confidence and potentially set a tighter stop-loss. 📝 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 | FET: Exploring the AI-Driven Ascendancy👋 Welcome to TradeCityPro! In this analysis, I will examine the coin FET, a project within the artificial intelligence sector that experienced significant growth during last year's AI hype. 📅 Weekly Timeframe In the weekly timeframe, we see an ascending trend line starting from a low of $0.058 and extending to a new ATH at $3.099. Currently, the price has responded to this region during a corrective phase, but it has technically broken this trend line in terms of time. 🔍 Although the price is no longer above the ascending trend line, it does not signify a definitive break of the trend line as the drop and bullish momentum have not directly caused a breach. The price range has resulted in a temporal break, so I personally do not consider the trend line broken yet and will wait to observe clear price momentum. 📊 Should the price gain upward momentum and the RSI return above 50, we can anticipate a rise to retest the $3.099 resistance. If this movement occurs alongside an increase in buying volume, the price might even break above this level. In such a scenario, the Fibonacci 1.0 target, which is approximately $12.6, could be reachable. 🔽 In case of further correction, the initial support is at $0.810, a significant PRZ overlapping with the Fibonacci 0.5 area. If this level breaks, subsequent supports at Fibonacci 0.618, identified on the chart as $0.488, will be tested. A break below $0.488 could signal a bearish phase as the next major support lies at $0.185. The first trigger for bearish momentum entering the market would be a break below 44.12 on the RSI. 📅 Daily Timeframe The daily timeframe displays a range between $1.114 and $2.165. Currently, the price is at the lower end of this box, forming a descending trend line. If the price is supported at the box’s base and breaks the trend line, we can expect a move towards the upper boundary, supported by good buying volume. 🔼 If the trend line is broken, the first long position trigger is at $1.408. Concurrent breakage of this support with the RSI surpassing 50 would serve as a robust confirmation. 📉 Moreover, the bearish momentum in the market is significant, weakening the $1.114 support with repeated tests. A breach here could lead to price declines toward $0.810 and $0.488. 🧩 Overall, movements of altcoins like FET, which have a market cap below $10 billion, are greatly influenced by indices like TOTAL and TOTAL2. Thus, it is advisable to take cues from broader market indices and major coins like Bitcoin and Ethereum before making entry decisions in such altcoins. 📝 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
10
TradeCityPro | TRUMPUSDT Strategy to Drive Capital into Altcoins👋 Welcome to TradeCityPro Channel! Let's dive into this recent development where the current U.S. president has launched his official meme coin, along with his wife’s official meme coin. We’ll explore the technical and fundamental aspects of this topic. 🎤 Inauguration Summary Before starting today’s analysis, let’s briefly review the key points from the inauguration speech: Economy & Entrepreneurship : Trump emphasized the need to strengthen the U.S. economy, cut taxes for businesses, and support entrepreneurship, with the goal of creating more job opportunities and boosting the economy. National Security: Trump stressed the importance of protecting the country's security and addressing both internal and external threats, including terrorism and cyberattacks, pledging to strengthen the U.S. military and intelligence forces. Individual Freedoms: Trump talked about protecting individual freedoms and reinforcing the rights of American citizens. He promised that his administration would support individuals' rights and civil liberties. Immigration & Borders: One of the key issues Trump highlighted was immigration. He called for stronger U.S. borders and stricter laws on illegal immigration. 📉 15-Minute Chart Looking at the 15-minute chart, there’s limited data for technical analysis, so it’s hard to draw any conclusions. Binance currently has the best chart for this coin. Last night, coinciding with the inauguration, we saw a 46% correction on the 1-hour candle, which led to the liquidation of many positions. It’s safe to say most futures positions got liquidated. For now, I’m not planning to buy or enter a position on this coin. However, if you are interested in purchasing, I would suggest waiting for a breakout above 61.71, and I recommend exiting below 43.97. The tokenomics of this project are risky, and I believe there are other reasons why Trump introduced it. 🚀 The Bigger Picture From my perspective, this move is quite beneficial for the cryptocurrency industry. It shifts the focus from just Bitcoin to altcoins, encouraging investors to diversify into them. Additionally, because this coin can only be purchased with fiat or on the Solana network, it has led to the entry of a new wave of users into the crypto market. This could continue, much like the hamster trend or Telegram bots. In terms of market capitalization, this coin performed remarkably well, reaching the 13th position and becoming the second-largest meme coin. It’s currently ranked 4th in 24-hour trading volume, which could be a good opportunity if you're looking to generate liquidity. 🔒 Tokenomics and Network Performance From a tokenomics standpoint, the coin is a bit weak, as 80% of the tokens are held by the project team, including Mr. Trump. Soon, 40% of these tokens will be unlocked, which will likely create significant selling pressure. However, in terms of market cap, its performance has been extraordinary. I also have some criticism regarding the Solana network. Despite being a crypto enthusiast, Solana's network outages and performance issues in transactions show that the crypto space is still not ready for high transaction volumes. The industry needs to find a way to simplify networks and tokens so that ordinary users can easily enter the market. 📊 Capital Management Advice If you want to be part of this space and invest in this coin or other meme coins, it’s crucial to follow strict capital management rules: Avoid Futures Trading: Due to the high volatility of these coins, you’ll almost certainly get liquidated if you trade futures. Be Realistic: Don’t expect to become rich overnight. Avoid using money you can’t afford to lose never invest money from selling your car or house. HODL with Caution: If you plan to hold this token, make sure the amount you invest is money you can afford to lose. The amount will vary depending on your lifestyle. Verify Contract Addresses: Always double-check the contract address or the exchange. Social media trends can lead to scams, and scammers may try to sell you fake tokens that will never return your money. Be Mindful of FOMO: While Trump’s token has increased by 5000% recently, it’s unlikely that it will turn $50 into $1000 right now. For that to happen, the market cap would need to increase by 20 times, which is highly unlikely. So, be cautious about the FOMO in the social media space. 📝 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
22
TradeCityPro | GALAUSDT Battle Between Buyers and Sellers 👋 Welcome to TradeCityPro Channel! Let's dive into this cryptocurrency altcoin, after which I will explain in detail about Trump’s meme coin and his wife in the next analysis. 🔍 Bitcoin Overview Before starting today’s analysis, let’s take a quick look at Bitcoin on the 1-hour timeframe. Last night, we saw some volatility, triggered by the inauguration of the new U.S. president, Mr. Trump, which led to these movements. Initially, we experienced some bearish candles and dropped below $100,000. However, we bounced back and reached a new price ceiling of $109,350, which was touched on most exchanges. It was an unprecedented event for Bitcoin fans. 📅 Weekly Timeframe On the weekly timeframe, GALA is one of those cryptocurrencies that is still fluctuating within its larger range box. It seems likely that it will break out soon. The key resistance level here is at 0.06090. When we previously attempted to break the range box, the breakout was fake, and we returned to the box. For re-entry, I plan to buy long-term once the range box ceiling at 0.06090 is broken. However, I will need volume increase for confirmation. For now, the main exit trigger will be a break below 0.01579. 📈 Daily Timeframe On the daily timeframe, GALA is showing a good potential for a bullish movement as it’s breaking above its previous daily range. After breaking the resistance at 0.02434, the price moved up nicely to the range box resistance of 0.0609, which was a reasonable place to take profits or exit the position. I personally opted for the latter. Currently, the price is at a crucial support level at 0.03305, which is important on both the daily chart and also aligns with the 50% Fibonacci retracement level, a key technical point. This zone is considered a potential reversal zone (PRZ). For re-entry, I will buy if we experience a fake breakout at this support level or if we break above 0.04344. The most significant entry will be if the weekly ceiling of 0.06090 breaks. I will continue to hold my 0.02434 entry. For selling, I won’t do anything at 0.03305, but there’s a possibility I might open a short futures position, as the price could move towards 0.02821 or 0.02434.
Long
by tradecitypro
8
TradeCityPro | SEI: Tracing the Ascending Trend Lines👋 Welcome to TradeCityPro! In this analysis, I'm going to delve into the SEI coin, with an examination across weekly, daily, and 4-hour timeframes. 📅 Weekly Timeframe: Approaching the Ascending Trend Line In the weekly timeframe, we are witnessing a strong upward trend that has moved up to 0.9856, then retraced to the support at 0.2477, forming an ascending trend line. Currently, after reaching a high of 0.6957, it has pulled back to this trend line. 📊 The market volume is currently in favor of buyers and the upward trend, with the price maintaining a bullish nature. If it breaks and consolidates above the resistance at 0.9856, a significant upward momentum will enter the market, likely pushing the price to set new ATHs. 🚀 For higher targets for a new ATH, it's best to wait until the price first breaks the ceiling of 0.9856 and then determine the significant ranges based on the corrections made. 📉 If the trend line breaks, the first trigger for a potential breakdown would be at 0.3423, considered a risky trigger in this timeframe, and the main downtrend will begin after breaking 0.2477. This could even lead the price to drop as low as 0.1026. 📅 Daily Timeframe: Ready to Move In this timeframe, as seen, the price has reacted to the weekly trend line, piercing through it in today’s candle and rising from the support at 0.3642. This area is a significant support level and has previously seen a robust upward trend to 0.7082 after a fake breakout. 🧩 Currently, the volume of the last bearish leg is decreasing, and with the appropriate bullish momentum entering, the price could be supported again from this area. The first trigger for a breakout would be 0.4714, and breaking the 50 in the RSI would confirm the entry of bullish momentum. 📉 If the trend line and the 0.3642 support break, bearish momentum could enter the market, potentially driving the price towards the 0.2615 support. Since the selling volume is decreasing, it’s challenging to determine a definite bearish target, so it’s better to wait for a clear bearish momentum to see how low the price could go after breaking 0.3642. ⏳ 4-Hour Timeframe: Futures Triggers This timeframe shows a descending channel that isn’t very clean, with the price having already made a fake breakout at the bottom. Currently, the price hasn’t reached the top of the box and is pulling back to the mid-line of the channel after reaching the box’s bottom again. ✨ For short positions, there appears to be more momentum in the market, and the trigger for this position is at 0.3697. However, this support isn’t precisely determined yet, so it's better to wait for the price to reach this area again and react before setting a new definite support level. The next trigger would be at 0.3365, with a break of 30 in the RSI serving as a good confirmation. 📈 For long positions, it’s advisable to wait until the price breaks the channel and bullish momentum enters the market. The first trigger for a long position would be breaking the resistance at 0.4738. However, if you wish to take a riskier position within the channel, breaking the trigger at 0.4233 could be appropriate. 📝 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
5
TradeCityPro | INJ: Navigating the Waves of the DeFi Landscape👋 Welcome to TradeCityPro! In this analysis, I'm going to review the coin INJ, which belongs to the Injective project, one of the intriguing networks in the DeFi sector. This coin has seen significant growth in recent years. 📅 Weekly Timeframe: Reaccumulation Box? In the weekly timeframe, we observe a very strong and powerful upward trend full of bullish momentum that started from 1.2, even breaking the ATH to establish a new ceiling at 41.81. 🔍 Currently, after reaching 41.81, the price has pulled back to the support at 16.18 and formed a box between these two areas. The support at 16.18 overlaps with the 0.236 Fibonacci area, and we can also see an ascending trend line that coincides with this level, forming a PRZ that has so far supported the price. 🚀 If the resistance at 41.81 is broken, we can say that the long-term range box was a Reaccumulation phase, and the price could move towards targets of 135 and 494. However, it's important to note that this coin's market cap is currently $2.15 billion, and reaching a target of $494 would require it to enter the top ten coins by market cap, which might be challenging. 🔽 In case of further price corrections, there are solid supports available. If 16.18 breaks, the next Fibonacci support at 0.382 is around $10, and another substantial support is at $5.8. 🧩 Additionally, the RSI is boxed between 38.77 and 63.27, and breaking either boundary could significantly influence market momentum in that direction. 📅 Daily Timeframe: More Details In the daily timeframe, we can see more details of the range box formed. ✨ The price is currently near the weekly trend line and has reacted to this area in this timeframe as well. The first resistance is at 26.75, and breaking this area could be a trigger for entering a long position or buying in spot. A break of 58.26 in the RSI would be a good confirmation. 🛒 The next buying trigger is at 34.76, which is more secure, and simultaneously breaking significant resistances in the TOTAL could drive the price towards higher targets. ⚡️ The most important resistance is at 45.32, and I suggest maintaining a long position before the price reaches this area as there is a high chance of a euphoric break. However, this area is a strong supply zone and could potentially push the price back down to the range box's floor. 📉 For short positions, we should first wait for the trend line to break. In this case, the first trigger is a break at 19.44, and the main trigger is breaking the support at 16.04. 📊 Regarding volume, I cannot provide much insight as both the market and volume are ranging, and specific data cannot be derived. However, it's evident that if volume increases in any direction, market momentum will likely follow. ⏳ 4-Hour Timeframe: Futures Triggers Let's dive into the short-term triggers suitable for futures trading. 🎲 Given that the market has been range-bound in the weekly timeframe for a prolonged period, it has lost momentum. In this timeframe as well, the price remains confined within a range box. 📈 Long Position: You can enter a long position if the price breaks above 25.43. The target for this position would be 34.76. This is a solid trigger and, if aligned with Bitcoin's movements, could introduce bullish momentum into the market. 🔽 Short Position: For shorting, the only current trigger is at 18.82.The RSI oscillator and the SMA indicator cannot be relied upon for confirmation in this scenario, as the market lacks any trend or momentum. 🧲 As mentioned, the trading volume remains range-bound. Upon breaking any trigger level, the volume should increase in the direction of the breakout. 📝 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
4
TradeCityPro | LTCUSDT Potential Approval of ETFs👋 Welcome to TradeCityPro Channel! Let’s delve into the analysis of LTC, one of the oldest coins in the market. Recently, there have been rumors about its potential inclusion in ETFs, which could attract a good amount of capital and lead to promising movements in the future. 🌐 Overview Bitcoin Before starting today’s altcoin analysis, let’s look at Bitcoin on the 1-hour timeframe. Since yesterday, Bitcoin experienced a correction, which was necessary for the market, and it pulled back to the 102135 range. The next trigger for a long position will be a breakout above 104714. Yesterday’s correction, coupled with an increase in Bitcoin dominance, caused noticeable declines in some altcoins. This highlights the importance of monitoring BTC pairs in your checklist these days. 📊 Weekly Timeframe In the weekly timeframe, Litecoin’s chart reminds me of forex charts because it’s one of the oldest coins that has survived and spent a significant amount of time in a ranging market. As a reminder, don’t develop emotional attachments to your coins. Don’t assume that any coin is guaranteed to rise. We are here to trade and improve our lives through trading. The chart is what matters. Many coins that were in the top 10 during previous bull runs no longer exist, and Litecoin remains due to its role as a payment coin. If you entered at the 75.91 breakout trigger, I suggest holding your position for now. It seems like the news of ETF approval is being priced in, but be aware of the risk and continue holding. Breaking the 135.55 trigger will be challenging. For a new buy entry, the current trigger is the 135.55 breakout. Until the price drops below 47.19, holding is a viable option. Personally, I wouldn’t buy into it, as even the founders of this project seem to have abandoned it. 📈 Daily Timeframe In the daily timeframe, Litecoin shows an upward trend. After breaking the 74.72 resistance (the top of its daily box), it moved far from it without even a pullback, indicating its relative strength compared to other altcoins. Following the 74.72 breakout, the price reached the critical weekly resistance of 136.97 and then corrected to 97.91. Drawing a Fibonacci retracement reveals that the 97.91 support aligns with the 0.382 Fibonacci level. A breakout from this level could spark a sharp new upward movement. Currently, the price is below the critical 136.97 resistance. Buying after a breakout here would be logical and worth the stop-loss risk. Given the recent strong volume, a breakout above 136.97 with a stop-loss at 97.91 is a reasonable entry strategy. In case of a drop, the price could pull back to the 116.76 level initially and potentially further to 97.91. However, momentum would likely weaken at this point. If 97.91 breaks, deeper corrections could occur, targeting 83.53 and 74.22, though a drop below 97.91 seems unlikely for now. ⏱ 4-Hour Timeframe In the 4-hour timeframe, after a false breakout below the 97.91 support, Litecoin began a sharp upward movement, shifting its cyclical trend in this timeframe. 📈 Long Position Trigger I plan to open a futures position after a breakout above 137.99 or earlier if I observe strong momentum. I’ve partially locked in profits from my entry at 104.95. 📉 Short Position Trigger I won’t consider it as long as the price stays above 115.42 unless the price forms lower highs and lows. Even then, I’d focus on coins still in their daily range boxes rather than those with an upward trend like this one. 📝 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
5
TradeCityPro | MNT: Layer 2 Project's Market Movements👋 Welcome to TradeCityPro! In this analysis, I will review the coin MNT, a layer 2 project that has experienced significant growth in recent months. 📅 Weekly Timeframe: Engaged with ATH Ceiling In the weekly timeframe, as you can see, there is limited data, and since the inception of this coin, it has created a significant ceiling at 1.4264, which it has touched twice and is currently being rejected from again. 🧩 The main supports are at 0.5450 and 0.3278. The SMA25 also acts as dynamic support. Due to limited data in this timeframe, it's better to move to the daily timeframe for a more detailed chart analysis. 📅 Daily Timeframe: Beginning of the Next Correction Wave In the daily timeframe, we observe a strong upward trend starting from a low of 0.5450, reaching up to 1.3997, and forming a range box between 1.0861 and 1.3997. 🔽 Currently, the price is breaking the floor at 1.0861. This area is critical as the price has historically reacted to it, and it coincides with the 0.382 Fibonacci level. If this floor breaks, the price could move towards the 0.618 and 0.786 Fibonacci levels. ✨ The RSI oscillator, with its break below 50, has activated a negative divergence in the market, and with the increasing volume of sales, the likelihood of starting the next correction wave is high. 🛒 If the price returns above 1.0861, the trigger at 1.3997 will be suitable for buying in spot. Otherwise, you should watch for the price reaction to upcoming supports. ⏳ 4-Hour Timeframe: Futures Triggers In the four-hour timeframe, I will only examine futures triggers. 🔼 For long positions, the first trigger is 1.1478, which has shown to be a strong level as the price has already pulled back to it once, highlighting its importance. If this area and 54.85 are broken, more bullish momentum will enter the market, potentially moving the price towards the main resistance at 1.3997. 📉 For short positions, the first trigger is 1.0311, which the price has already reacted to. If the price consolidates below this area, we can expect it to reach 0.8718. Additional triggers might include Dow Theory and breaking lower lows for further 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
8