TradeCityPro | XLM : Tracking Corrections and Key Levels👋 Welcome to TradeCity Pro!
In this analysis, I’ll review the XLM coin. The Stellar project is one of the oldest crypto projects and operates one of the earliest decentralized exchanges (DEXs).
📅 Daily Timeframe: Correction After a 500% Rally
In the daily timeframe, we observe a powerful upward trend. After bottoming out at $0.0884, bullish momentum entered the market. Once $0.1101 was broken, this momentum increased further. With higher buying volume and RSI entering the Overbought zone, the resistance at $0.1566 was also broken, and the price is now near its ATH.
🔍 After reaching the $0.5653 resistance, buying volume and bullish momentum slowed, and the market has entered a more stable corrective phase. So far, the price has corrected to $0.3308, which isn’t even the 0.382 Fibonacci level and indicates the correction hasn’t fully reflected the sharp price increase.
📈 The price might resume its upward movement with strong momentum even with this shallow correction. If the $0.5653 ceiling is broken, the price could move to the $0.7247 ATH resistance and potentially form new all-time highs if this resistance is surpassed.
🔽 However, the price is currently forming lower highs, which increases the likelihood of further correction due to insufficient correction thus far. If the market leans towards correction, the price might retest the $0.3308 support and, if broken, could reach supports like the SMA99 and the 0.382 Fibonacci level. Further corrections could lead the price to 0.5 and 0.618 Fibonacci levels. A break below 50 on RSI would strengthen the corrective scenario.
✨ If you’ve previously bought this coin at lower prices and are looking for an exit point, I recommend exiting if the price stabilizes below $0.3308. However, if you wish to maintain your profits and re-enter, you can consider buying again if the price recovers above this level.
⏳ 4-Hour Timeframe: Futures Triggers
In the 4-hour timeframe, we can observe the price movement during the correction phase in greater detail. As you can see, the price has a critical resistance at $0.4651, which it has tested multiple times.
📊 The best long trigger currently is breaking the $0.4651 resistance, with the first target being $0.5781. Breaking this $0.5781 level would provide a second long trigger.
🔽 For short positions, the first trigger, which is quite risky, is breaking $0.3907, while the main trigger is $0.3240. The targets for these positions have been identified using Fibonacci levels in the daily timeframe. However, since the main trend remains bullish, all short positions carry significant risk.
📝 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! ❤️
Tradingview
Master the Market: Top Secrets to Prevent Losses in Any Trend!
Common Reasons Why Traders Lose Money Even in an Uptrend
Not Setting Stop-Loss:
Not Conducting Technical Analysis:
Going Against the Trends:
Following the Herd:
Being Impatient:
Not Doing Homework or Research:
Averaging on Losing Position:
'Buy low, sell high' is the motto. As simple as it sounds, why do most people lose money trading or investing?
There are four major mistakes that most beginners make:
Excessive Confidence
This stems from the belief that individuals are uniquely gifted. They think they can 'crack the code' in the stock market that 99.9% of people fail to, with the goal of making a living from trading and investing. However, given that more people lose money in the market, this wishful thinking is akin to walking into a casino feeling lucky. You might get lucky and win big a few times, but ultimately, the house always wins.
Distorted Judgments
While simplicity is key, most beginners approach trading and investing with overly simplistic methods, hardly qualifying as trading logic or investment reasoning. They might spot a few recurring patterns in the market, akin to discovering fire. However, they soon realize that these "patterns" were not based on solid reasoning or, worse, were not patterns at all.
Herding Behavior
This behavior is rooted in a gambling mindset. Beginners are lured by the prospect of a single trade or investment that will turn them into millionaires. Yet, they fail to understand that trading and investing are not like winning the lottery. It's about making consistent profits that compound over time. While people should look for assets with high liquidity and some volatility, the get-rich-quick mentality leads to investing in overextended or overbought stocks that eventually plummet.
Risk Aversion
Risk aversion is a psychological trait embedded in human DNA. Winning is enjoyable, but we can't tolerate losing. As a result, many beginners take small profits, fearing they might close their positions at a loss, leading to trading with a poor risk-reward ratio. Over time, this reluctance to take risks results in losses.
Depending on price action, traders go through seven psychological stages:
Anxiety
Interest
Confidence
Greed
Doubt
Concern
Regret
Lack of Discipline
An intraday trader must adhere to a well-defined plan. A comprehensive intraday trading plan includes profit targets, considerations, methods for setting stop losses, and optimal trading hours. Such a plan offers an overview of how trading should be executed. Keeping a daily record of trades with performance analysis helps identify and correct weaknesses in your strategy. Discipline is crucial in trading to minimize losses and preserve capital.
Not Setting Proper Trading Limits
Success in intraday trading hinges on risk management. You should predefine a stop loss and profit target before entering a trade. This is a part of trading discipline where many fail. For example, if you suffer a loss in the first hour, you should close your trading terminal for the day. Setting an overall capital loss limit also protects against further trading losses.
Compensating for a Rapid Loss
A common mistake among traders is attempting to average down a position or overtrade to recover losses. This often leads to greater losses. Instead of overtrading, accept the loss, analyze your strategy, and make improvements for the next trading session.
Heavy Dependency on Tips
With the abundance of intraday tips on digital media, it's tempting for traders to rely on these external sources. However, it's advisable to avoid this. The best way to learn intraday trading is by understanding how to read charts, recognize structures, and interpret results independently. Tools like the Beyond App by Nirmal Bang provide insightful market research, but practical experience is irreplaceable.
Not Keeping Track of Current Affairs
News, events, and global market performances influence stock movements. Intraday traders should monitor both Indian and global markets. Make trades after announcements rather than speculating based on news.
Intraday trading is a skill, not a gamble, requiring time to develop proficiency. Expecting rapid results is unrealistic. The reasons listed above are why many intraday traders lose money; discipline, strategy adherence, and regular strategy analysis are key to success.
We will discuss 3 classic trading strategies and stop placement rules:
Trend Line Strategy
Buying: Identify the previous low; place your stop loss strictly below that.
Selling: Identify the previous high; place your stop loss strictly above that.
Breakout Trading Strategy
Buying: Identify the previous low when buying a breakout of resistance; stop loss below that.
Selling: Identify the previous high when selling a breakout of support; stop loss above that.
Range Trading Strategy
Buying: Place stop loss strictly below the lowest point of support.
Selling: Place stop loss strictly above the highest point of resistance.
These stop placement techniques are simple but effective in avoiding stop hunts and market manipulations.
What Is a Stop-Loss Order?
A stop-loss order is placed with a broker to buy or sell a stock once it reaches a predetermined price, designed to limit an investor's loss. For instance, setting a stop-loss at 10% below your purchase price limits your loss to 10%. If you bought Microsoft (MSFT) at $20 per share, placing a stop-loss at $18 would trigger a sale at the market price if the stock falls below $18.
Stop-Limit Orders are similar but have a limit on the execution price, involving two prices: the stop price, which turns the order into a sell order, and the limit price, which specifies the minimum acceptable price for execution.
Advantages of the Stop-Loss Order
Cost-Effective: No cost until the stop price is hit.
Convenience: No need for daily market monitoring.
Emotional Insulation: Helps maintain discipline and prevent emotional trading decisions.
Strategy Enforcement: Ensures adherence to your investment strategy, though less useful for strict buy-and-hold investors.
Types of Stop-Loss Orders
Fixed Stop Loss: Triggered at a set price or time, ideal for giving trades room to develop.
Trailing Stop-Loss Order: Adjusts with price increases to protect gains while allowing for market downturns.
Stop-Loss Order vs. Market Order
Stop-Loss: Aimed at reducing risk by selling at a specific price.
Market Order: For buying or selling at the current market price to increase liquidity.
Stop-Loss Order and Limit Order
Limit Order: Executes trades at or better than a specified price to maximize profit or minimize losses.
If you appreciate our content, please support our page with a like, comment, and follow for more educational insights and trading setups.
I think I have drawn a flawless painting !!! As you can see, the price is forming two bullish patterns on the 4-hour timeframe. I expect the price to rise to the top of the triangle to complete the handle of the cup and handle pattern. If my view is correct, Cardano will rise to $1.5 . so I think I have drawn a flawless painting!!!!!
Give me some energy !!
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Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
GOLD - one n single area, holds or not??#GOLD.. perfect move as per our video and last idea analysis and now guys we have immediate supporting area 2673 74
keep close that level because that is our immediate area now and if market holds that then we can see further rise in gold price.
keep close guys and keep in mind that that will be our area that can change in cut n reverse on confirmation.
good luck
trade wisely
GBPNZD at a Crossroads📈The GBPNZD currency pair has been in a strong long-term bullish trend but now faces a critical level that could shift the entire market direction. I’m Skeptic , and in this analysis, we’ll explore key scenarios and highlight strategic entry points for both long and short positions. Let’s dive in!
🧵On the daily timeframe, the bullish momentum is clear. After breaking out of a descending channel, GBPNZD surged higher. Currently, it’s in a corrective phase, pulling back to the 50% Fibonacci retracement—indicating potential weakness. Compared to the last correction, this pullback shows weaker bullish candles and stronger selling pressure.
Despite this, valid long setups remain possible if our strategy confirms them. The 2.23 daily resistance is crucial; a breakout and consolidation above it could trigger long positions. On the flip side, a break below 2.18 support may confirm a bearish trend, opening short opportunities.
📍 4-Hour Timeframe Analysis 🕒
On the 4-hour chart, GBPNZD forms a descending consolidation box within the larger bullish trend. Bullish moves have been weaker, marked by smaller green candles, while bearish drops are stronger. Price is now testing a potential downside breakout.
A confirmed break below the 2.19 support—aligned with the 50% Fibonacci level—could push the price toward 2.18. Conversely, a false breakout followed by a recovery above 2.20 resistance may offer a strong long setup.
Important Note: Given the corrective phase within the broader uptrend, it’s wise to manage risk carefully with tighter stop-losses. Fast R/R trades and quick exits are ideal due to high volatility and uncertain direction. 📊
⭐ Friendly Tip:
From my experience, win rates and R/R ratios drop during ranging or corrective markets. If your strategy relies on momentum or breakouts, patience is key, or consider other pairs. Sometimes, the smartest trade is no trade at all. Stepping back can prepare you for greater opportunities ahead.
Thank you for the amazing support on my previous Idea. Wishing you success and profits!🤍
— Skeptic :)
Imagine Using These Top 3 Indicators To Trade BetterThe stock market is going to be on fire today
because of the jobs numbers that are coming
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Lets look at google NASDAQ:GOOGL
this stock is in the same boat as amazon, and
Nvidia
At this price, they have touched the bottom
you can see this by using the MACD
indicator
Now this strategy
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is based on long-term
momentum now even though
its simple do not let it fool you
this is a very powerful strategy which is priceless
and I am teaching it to you for free..
its crazy that am even showing you this for free
But that's okay the fact that this is an awesome community
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I feel like teaching this strategy
is my way of learning more
and giving back to this awesome community of
traders from around the world.
Remember the 3 indicators:
-50 EMA
-200 EMA
-MACD
If you want to learn more about how these indicators
working together check out the resources below
To learn more rocket boost this content
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Disclaimer: Trading is risky please learn risk management
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also feel free to use a simulation trading tool
before you trade with real money.
A New Look At The 3 Step Rocket Booster StrategyWhat you will learn:
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To learn more watch this video
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But hurry and watch this video and understand this strategy
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Rocket boost this content to learn more.
Disclaimer:Trading is risky please learn risk management
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And feel free to use a simulation
trading account before you trade with real money.
BTCUSDT - near to his support? Holds or not??#BTCUSDT .. well guys market just near to his supporting area and that is 94200 around.
That was supporting area is history as well.
And keep close it because if market not hold it in that case we can expect a drop towards 89000 and 84000 in extension.
Good luck
Trade wisely
TradeCityPro | UNIUSDT Delay in Crypto Bullrun👋 Welcome to TradeCityPro Channel!
Let’s analyze today’s altcoin during these days when most people are focused on red candles and feeling FOMO, inviting you to stay calm.
I have a feeling that these corrections and the previously released interest rates have caused the bull run we have in mind to be slightly delayed, but this event has also increased its
probability.
🌐 Overview Bitcoin
As always, before starting today’s altcoin analysis, we’ll take a look at Bitcoin in the 1-hour timeframe. We’ve reached the 91830 support level and had a good reaction to it, which further highlights its importance.
However, after this reaction, we formed a lower high and got rejected, moving towards this level again. If you pay attention, exchange orders have significantly decreased, and we can say that no one is making any specific trades, with most people waiting.
If the 91830 support is broken, we can move toward 86,000 USD , In case of breaking this support and Bitcoin moving downwards, if its dominance is also dropping, it’s a good idea to open a short position on Bitcoin.
On the other hand, if Bitcoin dominance is breaking through the 58.11% resistance, altcoins will face sharper declines.
📊 Weekly Timeframe
In the weekly timeframe, UNI has a relatively better position compared to other altcoins and has shown good upward movements, which is not unrelated to its excellent DEX platform.
The weekly candle for this week will close in 3 days. However, what has happened is that last week’s candle has been engulfed, and a lower high has formed, which could indicate temporary profit-taking.
For another entry, this 14.844 resistance, which is currently being rejected, is a good trigger. The main ceiling is 18.865, where you can make your purchase, and your first target would be 42.575.
📈 Daily Timeframe
In the daily timeframe, after breaking through the 9.394 resistance, we had a good upward movement reaching 18.664, which has been a profitable move. It was logical to withdraw your initial capital when your investment doubled, leaving the rest of your coins free of charge.
After rejecting the 18.664 resistance, breaking the temporary 15.289 support, we moved toward 12.501, and after pulling back to 15.289, we formed a lower high than 18.664 and are now back at this critical support.
On the other hand, the 12.501 support zone aligns with the 0.382 Fibonacci level, which is of great importance. If we rebound from here, we can experience a good upward movement. However, breaking this support could lead to lower levels, such as 9.394.
The key point about UNI compared to other altcoins is that it is currently above a higher support level than the rest of the market.
If we fake out the 12.5 support, it’s a good trigger for entry , If we rebound from this support and break the 15.289 resistance, you can buy with a 12.5 stop loss , If you miss these two triggers, buy after breaking the 18.664 resistance with a confirmed 12.5 stop loss.
If none of these three scenarios are activated and the price moves toward lower levels like 9.394, I will update the analysis for you after the downward wave's momentum decreases and provide a new trigger.
Breaking the 12.5 support can also serve as a trigger for opening a futures position in lower timeframes, but don’t forget about profit-taking and small stop-losses. Overall, this is a chart worth having on your watchlist.
📝 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! ❤️
TradeCityPro | LINK: Key Support and Resistance Analysis👋 Welcome to TradeCity Pro!
In this analysis, I will review the LINK token. Chainlink is one of the notable Web3 projects in crypto and ranks 14th in terms of Total Value Locked (TVL).
⏳ 4-Hour Timeframe: Break Below the Range?
In this timeframe, after the price reached the ceiling at $30.51, lower highs were recorded, and the price repeatedly tested the $19.98 support. Currently, the price has managed to close below this level on the 4-hour timeframe.
🔍 If the price establishes a lower high and a lower low below $19.98, it will confirm a trend reversal for this token. In this scenario, the price could potentially drop to $16.35. Breaking below 24.87 on RSI and continuing the increasing bearish volume could result in a sharp decline to the $16.35 zone. If this level is broken, the next support will be at $14.08.
📰 The current decline was primarily triggered by positive news for the US dollar a few days ago, which significantly impacted the market, leading to notable drops in many altcoins. If we consider this news to have only a short-term effect, there is a possibility that altcoins might fake out their support levels. Therefore, it’s advisable to identify a long trigger as well.
📈 If the $19.98 support proves to be a fakeout, a position could be opened based on the structure formed in lower timeframes. For the main long trigger, the first level to watch is a break above $25.45, which is the initial trigger. The next trigger is $30.51, the current ceiling of this trend.
📝 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! ❤️
IOTX/USDT on the Edge Will the Triangle Break ?IOTX/USDT Technical Analysis Symmetrical Triangle Breakdown in Sight
Key Insights
Symmetrical Triangle Pattern: Price has been consolidating within a symmetrical triangle, creating lower highs and higher lows, signaling a potential breakout.
Critical Support Zone: The price is currently testing the lower trendline at $0.0378.
Bearish Scenario: A breakdown below this trendline support will trigger a short opportunity, aligning with the bearish market sentiment.
Target Levels
Primary target: $0.0300
Final target: $0.0250
Monitor closely for a breakdown confirmation. A close below support with increased volume could validate a downward move. Managing stop-losses above $0.0450 upper triangle boundary is recommended to mitigate risk.
ETH: This May Be Your Last Chance Before Exploding to Upside !!Don't lose hope; it's not time yet. As you can see, there are still signs of potential price growth in the higher time frames. If you really have patience, start buying gradually during these price drops and have a hope . This exprience coming from someone who has seen Ethereum at $50.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TradeCityPro | C98USDT Weekly Candle Engulfing👋 Welcome to TradeCityPro Channel!
C98USDT Weekly Candle Engulfing - Downtrend or Continuation?
Let’s dive into a scenario where the market is printing red candles, most traders are lost, and FOMO is rampant. Today, we’ll analyze an altcoin for you, and before that, I recommend checking out the money management guide:
🌐 Overview Bitcoin
As usual, let’s start by reviewing Bitcoin. On the 1-hour timeframe, BTC was rejected from the 102,135 resistance level and experienced a 10% drop, significantly increasing the 24-hour liquidation volume.
This drop also caused Bitcoin dominance to range, leading to a heavier correction in altcoins compared to BTC. If BTC had surged, altcoin losses could have been even deeper.
View BTC Chart
📊 Weekly Timeframe
C98 is still within its weekly range, oscillating between 0.1056 and 0.4368 for almost two years. While the range percentage is substantial, it doesn’t change its range-bound nature.
If you’ve already invested in this coin, you’ve likely experienced frustration as it remains stuck in this box. Two years of idle capital in a high-risk crypto market can be exhausting.
Suggestion: Exit your position if it breaks below 0.1056.
Currently, the weekly red candle has four days left to close, but it’s sitting on solid support. However, the last two red engulfing candles suggest a potential continuation of the downtrend.
If 0.1451 support breaks, the price may drop to 0.1056.
Buying Advice: Avoid buying right now. It’s like catching a falling knife—wait for it to hit the ground first. After breaking the 0.1933 resistance, buying could be more reasonable.
📈 Daily Timeframe
On the daily timeframe, C98 was rejected from the 0.1902 resistance, which highlights its importance. A break above this level could present buying opportunities.
More importantly, let’s focus on the 0.1533 support level, which: Previously served as the top of the daily range , Now acts as a crucial support, forming the 0.618 Fibonacci level.
If the market opts for a deeper correction, breaking 0.1533 could lead to a continuation down to 0.786 Fibonacci support at ~0.1272.
Personally, I’d prefer if this price level holds because a deeper correction might delay the next bull run and keep us in this range for an extended period.
📝 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! ❤️
TradeCityPro | SAND: Analyzing the Key Support & Resistances👋 Welcome to TradeCity Pro!
In this analysis, I will review the SAND coin. The Sandbox project is one of the largest metaverse projects in crypto, and during the previous bull run, it received significant attention from market participants. Recently, with Bitcoin’s latest upward move, SAND experienced a growth of nearly 300%.
📅 Daily Timeframe: Corrections and Key Supports
As mentioned, the daily timeframe shows a strong upward trend, which extended up to $0.9327. After reaching this level with significant volume, the price entered a corrective phase.
🔍 Currently, the price has corrected to the $0.5414 level, a critical support zone overlapping with the 0.5 Fibonacci level. This creates an important support range between the 0.5 and 0.618 Fibonacci levels. It appears the price is forming a base in this area to potentially regain bullish momentum and start the next leg upward. However, the possibility of a trend reversal and further decline also exists.
📊 In recent candles, buying volume in the market increased. However, with the release of yesterday’s news favoring the US dollar, nearly all assets, including US stocks and crypto, experienced declines. SAND also followed this trend with a red daily candle, engulfing the previous bullish candle.
🧩 It’s possible for the market to form a range box between $0.5414 and $0.6983, setting up a new bullish or bearish structure. Given SAND’s recent 300% growth, the likelihood of forming a bullish structure is higher. However, this is only a possibility, and we need to wait for the market to establish a new structure.
✨ The RSI oscillator is also within a box between 41.60 and 61.04. Breaking either of these levels could introduce momentum into the market. Overall, the current market volume still favors buyers.
📈 Long Positions:
The first trigger for a long position is $0.6983, which is considered a risky trigger. However, the rejection candle from yesterday adds importance to this level.
The main trigger is $0.93277, which is the major price ceiling. If this level is broken, the next resistance will be at $1.4155.
📉 Short Positions:
The first support zone is the range between 0.5 and 0.618 Fibonacci levels, as marked. If this zone breaks, the price could see the next corrective leg down to $0.4042.
If this level is broken, it would suggest the bullish trend has ended, with subsequent targets at $0.3068 and $0.2342.
📝 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! ❤️
Nobody appreciates it !!!Following the recent significant decline, DOGE has now developed an ascending triangle pattern on the daily chart, which might indicate a bullish trend. Keep in mind that this analysis is based on the daily time frame.
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The Crypto Market Game: How to Win Against Fear and Manipulation
Did you really think profiting from the current bull run (a comprehensive upward market) would be easy? Don't be naive. Do you think they’ll let you buy low, hold, and sell high without any struggle? If it were that simple, everyone would be rich. But the truth is: 90% of you will lose. Why? Because the crypto market is not designed for everyone to win.
They will shake you. They will make you doubt everything. They will create panic, causing you to sell at the worst possible moment. Do you know what happens next? The best players in this game buy when there’s fear, not sell—because your panic gives them cheap assets.
This is how the game works: strong hands feed off weak hands. They exaggerate every dip, every correction, every sell-off. They make it look like the end of the world so you abandon everything. And when the market rises again, you’re left sitting there asking, “What just happened?”
This is not an accident. It’s a system. The market rewards patience and punishes weak emotions. The big players already know your thoughts. They know exactly when and how to stir fear, forcing you to give up. When you panic, they profit. They don’t just play the market—they play you. That’s why most people never succeed: they fall into the same traps over and over again.
People don’t realize that dips, FUD (fear, uncertainty, doubt), and panic are all part of the plan. But the winners? They block out the noise. They know that fear is temporary, but smart decisions last forever.
We’ve seen this play out hundreds of times. They pump the market after you sell. They take your assets, hold them, and sell them back to you at the top—leaving you with nothing, wondering how it happened.
Don’t play their game. Play your own.
..................................................................................
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
The last bullish chance of BITCOIN in Mid term!Unfortunately, my previous analysis was incorrect. I thought Bitcoin could reach $109,000 after breaking the 0.618 Fibonacci line, but that didn’t happen. Now, Bitcoin is approaching its last chance, which is the 0.382 Fibonacci line. If it fails to stabilize in this price range, it will lose its last chance to rise in the mid term. However, if it holds this line, the price can gradually reach new highs again.
previous analysis
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Bitcoin in coming days...As I mentioned in my previous analysis, Bitcoin can reach approximately $109k after breaking the 0.618 Fibonacci line, but not so soon. The current price may retrace to the 0.618 Fibonacci line and then rise to $109k to complete this crab pattern.
previous analysis
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
DreamAnalysis | 2024 Comeback Shakes Markets🌎 Global Market Impact from the US Presidential Election
With ballots still being counted, the financial world is buzzing with anticipation over Donald Trump’s possible return to the White House. This election has set off movements in stocks, the US dollar, forex pairs, and cryptocurrencies, affecting global markets even before an official result is announced.
🚀 Bitcoin Surges to All-Time High
Bitcoin spiked to an unprecedented $75,000 as market confidence grows around Trump’s chances. With Trump’s support for crypto-friendly policies, this is seen as a bullish indicator in the digital assets space.
Bitcoin’s Path to $100,000: Analyzing Recent Trends and Trading📈BITCOIN JUST HIT $102,000. Yes, you heard it right. After a price correction and the formation of a four-hour range box, it seems that Bitcoin has successfully broken the upper channel. I am Skeptic , and this is my first analytical post on TradingView.
📊Analysis
Long-Term Trend: After breaking the resistance area at $72,000, Bitcoin resumed its primary upward trend, achieving significant price growth up to $106,000. The primary trend remains bullish.
Market Influences: Factors such as decreasing U.S. interest rates, Trump’s presidential candidacy, and the increasing public interest in decentralized financial systems signal potential higher targets for Bitcoin.
Secondary Correction: The recent correction coincided with Christmas and the holiday season, which may have contributed to the market’s pullback.
Trading Strategy: As the saying goes, “ always trade with the trend .” Trading in the direction of the trend generally leads to higher win rates and better risk/reward ratios.
📍Four-Hour Time Frame:
Bitcoin has recently corrected to the $92,000 level and has broken above the range ceiling at $92,738. The RSI entering the overbought level of 70 confirms the momentum and breakout.
Moving Averages: The three SMA of the previous seven candles is below the four-hour breakout candle, indicating a bullish slope.
🔎Triggers for Long Position
First Trigger: Wait for a pullback to the $99,600 level for a reactive buy or wait for renewed momentum and a breakout above $102,593.
Range Box Strategy: Look for a range box formation and place a stop buy above it. There are numerous strategies available; find one that suits you best. It’s essential to open enough positions to discover what works for you.
Short Position Consideration: If the four-hour candle fails and reverts back to the range box, consider a short position. However, since this goes against the trend, it’s advisable to reduce risk with smaller stops and lower risk/reward ratios.
🧵Additional Notes
Bitcoin Dominance: Keep an eye on BTC.D (Bitcoin Dominance). Currently, Bitcoin seems favorable for opening positions, but if signs of weakness or a downward trend emerge, consider focusing on altcoins. Personally, I am watching BNB and XRP.
Pair Analysis: Monitoring Bitcoin pairs like BNBBTC can provide insights into which coins may outperform or underperform relative to Bitcoin.
Thank you for staying with me until the end of this analysis. I look forward to sharing fresh insights and a new coin with you tomorrow. I believe that growth together can be beneficial for both you and me. Until tomorrow, goodbye!❤️
USD/JPY: Strategic Insights for Navigating Market Trends👋 Hello everyone! I’m Skeptic , and this is my second analysis. Today, I will be analyzing the USD/JPY pair. In the daily timeframe, we can clearly see the strength of its bullish trend. If you’re interested in the conditions, risks, scenarios, and triggers I’ll discuss, I appreciate you staying with me until the end of the analysis.
Analysis
Let’s start with the major trend of USD/JPY. In the previous corrective leg, the price retraced up to 50% of the Fibonacci level. However, in the current corrective leg, it has only retraced to 23%, which may indicate the strength of the trend. 📈
Trend Analysis:
The daily chart shows that during the previous bullish trend’s correction, the price experienced significant declines.
In the current corrective phase, the price has been moving sideways and even in the direction of the trend.
Corrections in the direction of the trend are excellent indicators of trend strength and are often applicable in trading strategies.
We can also observe a similar analysis using the RSI indicator. It’s worth noting that the daily support level at 156.226 has held well, stabilizing the price above it. If this support level is broken, we could anticipate a bearish scenario for the pair. ⚠️
Trigger Analysis
Now, let’s move to the four-hour timeframe for our main trigger.
Four-Hour Chart:
We are witnessing a false breakout, and the price is still attempting to break through the resistance level at 158.070.
For a long position, we should wait for a confirmed breakout and stabilization above this resistance level. 🚀
Given the strong bullish trend, we can expect significant upward movement. However, it’s crucial to manage risk effectively for each position.
Risk Management:
Maintaining proper capital management is vital for survival in financial markets.
If your maximum risk per position is 0.5%, you can fully risk that amount. If you observe signs of trend weakness, negative economic news, or any other factors that might increase your risk, adjust your risk percentage accordingly. 💡
Thank you for staying with me until the end of this analysis! ❤ Your support motivates me to provide more daily insights, allowing us to grow together in our trading journeys. If you have any questions or topics you’d like me to cover in future analyses, feel free to reach out. Let’s continue to learn and succeed together!✨