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A Thrilling Gap Explained In This 3 Step SystemThis price action happened so fast within a day and its almost hard to believe that it can happen so fast. Even though the strategy is so simple most people wont take advantage of it they will just sit on the sidelines as those who take the risk make money. So how do you know that this is the right time to buy? Well it's simple What you need to know is this 3 step system: Step#1-The price has to be above the 50 EMA Step#2-The price has to be above the 200 EMA Step#3-The price has to gap up This is called the rocket booster strategy Its that simple nothing to add to it unless you want to learn more then you can study about chart patterns also follow me for more education and tips. To learn more rocket boost this content. Disclaimer: Trading is risky you will lose money whether you like it or not please learn risk management and profit-taking strategies Also, feel free to use a simulation trading tool before you trade with real money
NASDAQ:NVDALong
by lubosi
TradeCityPro | ETCUSDT Still Ranging in the Box!👋 Welcome to TradeCityPro Channel! Let’s analyze Ethereum Classic during the market's holiday period, where we saw some movement. We’ll review the triggers together. 🌐 Overview Bitcoin Before diving into today’s altcoin analysis, as usual, let’s check Bitcoin in the 1-hour timeframe. Bitcoin is still under a descending trendline. Once this is broken, it can move toward 98599, and after that, to 99443. It’s better to open or maintain positions after breaking 99443, as volatility is expected to increase at higher levels. Whether I open a long position after breaking the trendline or resistance at 98599 depends on Bitcoin dominance. If Bitcoin dominance shows a red candle at the time of the breakout, I’ll focus on altcoins or BTC pairs. If it’s green, I’ll prefer Bitcoin itself. This could lead to another wave movement. 📊 Weekly Timeframe It feels like we’re analyzing forex charts—completely ranging! This is normal given Ethereum Classic’s mining-related dynamics and the heavy movements associated with it. For around 1100 days, this coin has been ranging within a large 130% box. Without a proper trigger, investing in this range might have tied up your capital, especially when other projects provided much higher returns over the same period. This highlights the risk of entering the market without a trigger. If you’re holding ETC and want to set a stop-loss, you can exit if a weekly candle closes below 14.68. For re-entry, the box top trigger at 36.58 is an excellent option. Since ETC is rebounding from the box’s midline, the likelihood of breaking the top is higher. The 24.78 support level can serve as a suitable stop-loss for box breakout attempts. 📈 Daily Timeframe ETC has been performing well since breaking the daily box top at 20.92. It moved from the box’s bottom to its top, emphasizing the 38.24 resistance even further. The $25 level currently serves as the most crucial support, coinciding with the weekly box’s midline. Staying above $25 indicates a higher low and a rebound from the channel’s midline, reflecting stronger buyer activity. This could lead to testing 38.24 again and possibly breaking it. If you bought after the 20.92 breakout, your stop-loss should be below 17.55, with some profits already secured. If you haven’t acted yet and if resistance at 28.49—better yet, 30.20—causes a rejection and forms a lower high, consider exiting below $25 and look for new triggers later. For re-entry, breaking 28.49 is a potential entry point, but your main entry should be after breaking 38.24, with momentum and increased volume supporting it. ⏱ 4-Hour Timeframe ETC belongs to the group of coins that didn’t break their 4-hour resistance and box top yesterday, possibly setting up futures positions next week. 📈 Long Position Trigger The rejection from 28.49 clearly defines the trigger. Open a long position after breaking this resistance or after the RSI breaks 72.58. 📉 Short Position Trigger The main trigger at 24.92 is quite distant. However, if the 28.49 resistance turns out to be a fake breakout, you can use the fake breakout strategy. Look for the first trigger in lower timeframes to open a short position. 📝 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 | OM: Upward Momentum and Airdrop Anticipation👋 Welcome to TradeCityPro! In this analysis, I will examine the OM coin, which is associated with the MANTRA network. This coin is about to start its airdrop rounds in a few days. 📅 Daily Timeframe: High Upward Momentum and Readiness for the Next Leg In the daily timeframe, we are observing a very strong and powerful upward trend. Over the past year, this coin has grown more than 5000% and has garnered significant attention from the crypto community and enthusiasts. 🔍 Currently, a curved upward trend line has emerged in the latest cycle, starting after the price bottomed out at $0.6352 and corrected to $1.6071 before starting a new upward move reaching $4.2374. ✨ The price has touched this upward trend line several times and now, having reached the resistance at $4.2374, has formed a ranging box between this resistance and $3.4144, potentially undergoing reaccumulation. Breaking above $4.2374 could significantly impact the further price increase of this coin. 🚀 If the ceiling breaks, the next price targets based on Fibonacci would be around $10 and $20, technically feasible as the price has not corrected significantly and has maintained market momentum. However, reaching a $20 target would require OM to enter the top 10 market cap, surpassing cryptocurrencies like AVAX, SUI, and TON, which is a challenging task. 🧩 The RSI oscillator is ranging between 40.35 to 59.93, and breaking either of these areas will significantly impact the market trend. A break below 40.35 could increase the likelihood of a correction down to the $2 area, around the 0.5 and 0.618 Fibonacci levels. Breaking above 59.93 would increase the likelihood of surpassing $4.2374. ⏳ 4-Hour Timeframe: Futures Triggers In this timeframe, we see a long-term 47-day box, which is very clean and has well-defined ceilings and floors between $3.4144 and $4.3140. Breaking either of these areas would provide a good position. 📉 For a short position, breaking $3.1440 is suitable with the next supports at $2.5442 and $2.2264, near the 0.5 and 0.618 Fibonacci levels of the daily timeframe. 📈 For a long position, breaking $4.3140 is the only long trigger for now, and no target can be set for this movement until a new structure is formed. 🔑 The market volume is nearing its lowest point, increasing the likelihood of breaking one of these areas each day. 📝 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
PEPE Analysis - What Shall we Expect !!!Pepe can go up to its previous price ceiling again and then drop. 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!!
Long
by CobraVanguard
2
TradeCityPro | DYDX: Daily Trend Line Reaction & Momentum Shift👋 Welcome to TradeCityPro! In this analysis, I will examine the DYDX coin, which is associated with the DYDX exchange, one of the well-known decentralized exchanges (DEXs) with a focus specifically on futures. 📅 Daily Timeframe: Reaction to the Curved Trend Line In the daily timeframe, after a price drop and recording new lows, we observed a rounding at the bottom of the chart which gradually reduced the bearish momentum and selling volume in the market, followed by an influx of bullish volume and momentum. ✨ After breaking through $1.4362, the price moved upwards more freely, breaking the $1.8702 area and continuing its movement up to $2.5747. However, it could not stabilize in these areas and started correcting, eventually falling back to $1.4362. 📈 The market volume has been decreasing during the bearish phase, gradually diminishing, which indicates the strength of the bullish trend. In my opinion, if we observe a trend change in the shorter timeframes, the next price leg will begin. 🛒 The main price trigger for going long is breaking $2.5747, but an earlier and riskier trigger would be $1.8702. For spot purchases, the trigger at $2.5747 is suitable, but the main trigger will be at $4.3949. 📝 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
17
Giveaway: Happy Holidays & Merry Christmas!It's that time of year where we can openly say (without sounding too cringe) how thankful we are to have you. Your unwavering support, charting enthusiasm, and shared passion for the markets is what drives us. You've been the heartbeat of our work and community. As we close the book on another year of trading, we’re reminded that it’s not just the numbers or the record highs — it’s you that makes this journey worthwhile. Happy Holidays from all of us at TradingView! May your holidays be filled with warmth, laughter, and just the right amount of volatility to keep things exciting. 🥂📈 Wishing you a breakout year ahead, fewer false signals, and plenty of wins — on and off the charts. 🥁 And now... 🥁 🎁 THE GIVEAWAY 🎁 Who: 🏆 THREE LUCKY WINNERS 🏆 walk away with prizes What: 🚀 PREMIUM PLAN 🚀 for a full year When: ⏳ JANUARY 3 ⏳ we announce the winners To participate, leave a comment under this Idea, answering the two-part question: 1️⃣ What was your best trade this year? 2️⃣ What is your trading goal for 2025? And now follow these rules: 1️⃣ Like this Idea 2️⃣ Follow our official account Note: 💡 You can only participate once — three lucky winners will be picked randomly by the TradingView Santa to win a Premium plan for one year. Watch this space — announcing the winners on January 3 !
by TradingView
452
The #1 Reason This Stock Is A Short SqueezeThe problem is that short sellers are trying to push the price of this stock downwards. Because we are in a bear market. How do we know this ? If you look at the latest chart of the sp 500 here SP:SPX You will see that the price has crossed below the 50 EMA this is a taking profit signal. And also shows you that we are entering a potential bear market. Many people think its because of the drop in the fed funds rate which could be the cashflow investment most stocks in the market market Now look at this chart of NASDAQ:FOX notice that the price is above the 50 EMA also notice that the price is above the 200 EMA This is also referred to as the rocket booster strategy. But the last step is the price has to rally in a trend or hit a new high Remember these 3 steps: Price is above the 50 EMA Price is above the 200 EMA Price has to rally in a trend or hit a new high As you can see on this chart the price has hit a new high but it later on dropped that is your entry point. Rocket boost this content to learn more. Disclaimer: Trading is risky please learn risk management and profit taking strategies. Also feel free to use a simulation trading account before you trade with real money.
NASDAQ:FOXLong
by lubosi
Forex trading+The 3 Step Rocket Booster StrategyAm from trying to record a video but for some reason my voice is low and am not sure what it is.. - Maybe am not feeling well, or I have a cold. -Anyway I wanted to share with you this forex pair CAPITALCOM:USDCAD Which is following the rocket booster The rocket booster strategy has 3 steps: Step#1: The price is above the 50 EMA Step#2: The price is above the 200 EMA Step#3: The price has to gap up Now the price gap up, could also be a rally or when the price is generally at a new 52 week high. Its at this point that the price action finds support At this support level is your entry opportunity before another gap occurs in the future. Rocket boost this content to learn more Disclaimer: Trading is risky please learn risk management and profit-taking strategies. Also feel free to use a simulation trading tool before you trade with real money.
Long
by lubosi
TradeCityPro | MEMEUSDT Potential Breakout from the Range Box👋 Welcome to TradeCityPro Channel! Let’s dive into analyzing our coins in the current market conditions to identify potential triggers before the next move begins. 🌐 Overview Bitcoin Before starting today’s altcoin analysis, as usual, let’s first check Bitcoin on the 1-hour timeframe. Bitcoin has finally initiated a wave, breaking through the 95753 resistance. However, I’m not fond of the volume in these recent candles, and it needs to increase. You can consider opening positions upon entering the overbought zone. Additionally, today saw a short-term wave with some green candles, accompanied by a decline in Bitcoin dominance. Now, as Bitcoin prints green candles, its dominance is also rising, indicating that the next wave moving toward Bitcoin’s peak might come with increased dominance. 📊 Weekly Timeframe On the weekly timeframe, the altcoin MEME rejected the top of the range and the significant 0.01790 resistance, pushing it back toward the range’s bottom. The buy trigger hasn’t activated yet, and this rejection has made the trigger even more critical. If you’re interested in buying this altcoin, consider adding it to your mid-term portfolio after breaking 0.01790. If you’ve already bought at any level on this chart, it’s logical to exit and cut losses if the range’s bottom breaks. A break below 0.00997 would suggest forming new lows, so it’s better to liquidate and look for a fresh trigger later. 📈 Daily Timeframe On the daily timeframe, following a heavy rejection from the 0.1795 resistance, MEME returned to the range, resulting in continued oscillations within this area. We must consider that, price-wise, the market is at a logical level for buying. However, time-wise, it might range here for a while before starting a potential upward move. This makes it somewhat reasonable to take small spot risks during these days. Based on the above, you can make a risky buy at 0.01132, with a stop-loss at 0.00861, after breaking the level. However, personally, I’ll hold onto liquidity for lower levels. For example, if I have 30% of my funds in cash, any purchases I make here would amount to just 5% overall, assuming stop-losses are hit! For a more logical entry, I’ll monitor for a break above 0.01795. ⏱ 4-Hour Timeframe On the 4-hour timeframe, MEME has been ranging for days within the 0.01007–0.01139 box. A breakout from either side of this range will provide a clear trigger without bias. 📈 Long Position Trigger the rejection at the 0.01139 resistance has increased its significance. Once this level breaks, I’ll open a futures long position with a large stop-loss at 0.01. 📉 Short Position Trigger momentum can be tracked on lower timeframes, and positions can be opened with triggers on these smaller timeframes. The 0.01 support level could be used for a small stop-loss and low-risk, quick profit management. 📝 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
19
#RUNE #RUNEUSDT #THORChain #Analysis #Eddy#RUNE #RUNEUSDT #THORChain #Analysis #Eddy At your request, dear followers, I'm here with a technical analysis of THORChain (RUNE). On the daily timeframe, after exiting the trend and the ascending channel, I expect RUNE to have a Sharpe decline to the specified demand area after pullback to the specified supply zone at 5.170 & 5.270. After this drop to the demand zone, with confirmation, we can enter long positions with a focus on the targets of $10 and $20. It is also appropriate for spot buy in prices : 2.150 & 2.000 I also invite you to benefit from my Bitcoin analysis... Bitcoin analysis: ((BTC/USD)): Check the link:
by Eddy_Trade_
ADA - Time to buy again!After breaking the descending wedge, the price fell to the support line. As you can see, the price has now formed an ascending wedge, which is promising. The price could rise to $1 or more than after breaking this wedge, but considering the Christmas holidays, this might take a bit longer. 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!!
Long
by CobraVanguard
3
TradeCityPro | ANKR: Weekly Long-Term Box and Gradual Channel👋 Welcome to TradeCityPro! In this analysis, I will examine the ANKR coin, which is part of the infrastructure for Web3 and other blockchain projects, with significant partners like Binance and Polygon. 📅 Weekly Timeframe: Long-Term Box with a Slight Incline Channel I will perform this analysis mainly using Fibonacci levels to identify crucial areas. In this timeframe, we can see the price movement from the previous alt season, which had significant growth followed by a decline after breaking the 0.236 Fibonacci level, correcting down to the 0.5 Fibonacci level. 🔍 The support at $0.01728, which coincides with this Fibonacci level, is currently the most crucial support on this chart. Since the price bottomed out in this area, we have seen a very gently sloping upward channel that has reacted three times and had one fake break above the ceiling before returning to the box. 📊 Given the greater ratio of buying to selling volume, I see a higher likelihood of the channel breaking upwards and the price increasing. The RSI has also risen from the 50 level, which could generate bullish momentum. The current main ceiling appears to be $0.06131, which coincides with the 0.236 Fibonacci level and represents a strong resistance. 📈 If the price rises and breaks through $0.06131, the next resistance will be at $0.19012, which is the all-time high (ATH) for the price. I will determine higher targets using Fibonacci extensions. 🔽 In a bearish scenario, the first support is the dynamic floor of the channel. If this support breaks, the primary supports at $0.02223 and $0.01728 are very important levels, and reaching any of these supports could introduce bullish momentum into the market and prevent further declines. If these supports break, the next support will be at the 0.618 Fibonacci level. ✨ Moving on to finding targets based on Fibonacci, as you've seen, the price has corrected to the 0.5 Fibonacci retracement and has good momentum for continuing the upward move. According to Fibonacci rules, when a price corrects to 0.5, the likelihood of moving to the previous high with a break increases. 🧩 The previous price peak is at $0.19418, which coincides with the 0.5 Fibonacci extension. From a market cap perspective, this coin's price could move up to $0.34361. Therefore, we can consider logical targets between $0.19418 and $0.34361. Although the target box size is large and nearly 100% different, this is a weekly trend, and this target is approximate; we must wait for the price reaction to this range to find a more precise target. 🚀 I believe this range is a logical target for this coin, but if the market cap of the project increases and it becomes one of the more significant cryptocurrencies, the price could potentially move to the 1 or even 1.272 Fibonacci points. 📝 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
19
JASMY is Bullish now & many Traders don't see it !!JASMY managed to break this triangle, but it can't yet be said that the price is bullish unless a few more candles close above the triangle, and then it can be said that the price is bullish. Price could push the price up to the 0.618 Fibonacci line... PREVIOUS ANNALYSIS 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!!
Long
by CobraVanguard
4
DOGE What will happen in the short term ?According to my calculations, the price will reach 0.32 in the short term. 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!!
Long
by CobraVanguard
2
TradeCityPro Academy | Money Management👋 Welcome to TradeCityPro Channel! Money Management Training Is More Important Than Learning Technical Analysis Let’s start the channel's training with the most important lesson, which helps us survive in the market, transform from a losing trader to a profitable one, and maintain our peace of mind! 📚 Capital Management in Life Capital management in life means planning and managing your financial, time, and even energy resources optimally to achieve personal and professional goals. This concept goes beyond financial matters and includes conscious and responsible decision-making to utilize various resources. 🕵️‍♂️ Capital Management in Financial Markets Capital management in financial markets refers to planning and controlling the amount of capital allocated for trading, investing, or activities in these markets. The main goal of capital management is to reduce the risk of asset loss and maintain financial survival in various market conditions. It is one of the key principles of success in trading and investing. 💰 Trading Without Capital Management Surely, like me, you have traded before learning about capital management, and some of you might have even been profitable for a while. However, that profitability has never been sustainable, and at some point in the market, you would lose a significant portion of your capital. Consequently, you might experience severe stress and pressure, affecting your social relationships, family life, restful sleep, and a stress-free lifestyle. Trading without capital management can bring profits occasionally, but the volatility in your trading account increases significantly, disrupting your peace of mind. For instance, if you have a $10,000 account, trading without capital management might result in one day making $20,000, but the next day dropping to $5,000. This wide range of volatility and the feeling of gaining and losing capital lead to losing your calm in subsequent trades, making you constantly monitor the charts because you haven’t set any rules for yourself. What If My Capital Is Only $100? You might say, “I only have $100; why should I do capital management? A 2% profit on $100 is insignificant.” Here’s the answer: even if your capital is small, you must manage it. If you consistently make a 5-10% monthly profit on that $100 over a year, your capital might not become substantial, but you’ll become a trader who many investors will seek to entrust their funds to. So, don’t just look at percentages. 💵 Why Don’t Most People Practice Capital Management? The reason why 95% of market participants don’t practice capital management is that they see trading as a get-rich-quick scheme. Unfortunately, due to misleading advertisements designed to empty your pockets, many view trading as a shortcut to wealth. Trading is a long journey; without practicing capital management, you might turn $100 into $10,000, but you’ll lose it all in the next trade. This isn’t poker, gambling, or any similar game. Markets are far more unpredictable. Without setting rules for yourself, you’ll be eliminated quickly, and your money will go to those who stay in the market. 💼 Defining Risk in Capital Management and Setting Daily Risk Limits While practicing capital management, you must define your daily risk limit. This means deciding the maximum percentage loss you’re willing to accept before closing the charts and ending your trading day. For example, if your daily risk is 1%, regardless of whether you open 4 trades or 2 trades, you’re not allowed to lose more than 1% of your capital in a single day. Now, suppose you’ve defined your daily risk limit. If you lose 1% for three consecutive days, totaling a 3% capital loss, would you be okay? Would you talk to your family and friends as usual? Would you stay calm? If not, then this isn’t your appropriate risk level, and it needs to be lowered. Additionally, you should have a monthly risk limit. For example, if your monthly risk (or drawdown) is 10%, you should stop trading for the month if you lose 10% of your capital and return to the charts the following month. Initially, accepting stop-losses, planning your trades, and adhering to capital management may be difficult. However, you must practice capital management for all your positions, not just a single trade. You should also set penalties for not adhering to it! Penalties vary depending on each person’s life. Moreover, you should view your profits and losses in percentages, not in dollar amounts. For example, instead of saying, “I made $10,” say, “I made a 1% profit.” Viewing your results in percentages is crucial as your capital grows because focusing on dollar amounts can negatively affect your trading. 💡 Practice and Example on the Chart Let’s go through an example on the chart to fully grasp the concept. On the chart, you’ll see the capital management formula, which includes: The total capital you’re using for futures trading. Your risk percentage, which is your position and daily risk discussed earlier. For instance, if your daily risk is 1%, your position risk could be 0.25%, 0.5%, or 1%, depending on the number of trades, but this is specific to the position you’re about to open. On the other side of the equation is the position size, which is the unknown we’re solving for using this formula. Next is the leverage, which is set in your exchange and doesn’t significantly impact your capital management. Finally, there’s the stop-loss size, which is determined using the position management tool in TradingView. Now, let’s apply the formula to a Bitcoin trade with a 4% stop-loss and a risk-to-reward ratio of 2. Suppose your total capital for futures is $1,000, and you’re willing to risk 0.5% on this position. The multiplication of these two numbers gives $500. On the other side of the equation, we’re solving for position size in dollars. Assuming a leverage of 10 and a 4% stop-loss (as shown in the example), the multiplication of 10 and 4 equals 40. Dividing $500 by 40 gives us $12.5. Therefore, you can enter this position with $12.5 using a 10x leverage. ❤️ Friendly Note If you don’t practice capital management or don’t agree with me, that’s completely fine! But take a small portion of your capital and trade according to the explanation above. See if you feel calmer and more at ease. Afterward, decide what’s best for your life. Finally, try to share this article as much as possible so that people don't lose their money in the market because it's not just their money that makes them frustrated and their pride is lost. Let's help them with the help of the community!
BITSTAMP:BTCUSDEducation
by tradecitypro
109
TradeCityPro | APT: Daily Trend Breaks and Bottom Forming👋 Welcome to TradeCityPro! In this analysis, I will examine the APT coin, the primary coin of the APTOS network, which is one of Ethereum's second-layer networks. This analysis will be conducted in the daily timeframe. 📅 Daily Timeframe: Breaking the Curved Trend Line and the First Bearish Leg In the daily timeframe, we are witnessing a strong upward trend that started from the $4.89 area with a curved ascending trend line up to $14.75. This trend line supported the price three times but finally broke on the last contact, initiating the start of a bearish wave from this trend line break. 📊 After the price reached the peak of $14.75, the market volume gradually decreased, and after forming a lower high and breaking the curved ascending trend line, the market momentum shifted and the bearish phase began. 🔽 The main correction trigger after the trend line break was the break of $11.28, which coincided with the 0.236 Fibonacci level, making this area a strong Potential Reversal Zone (PRZ). However, the bearish volume and momentum were strong enough to break this support. 🔍 Currently, the price is attempting to round off and form a bottom. It's also the Christmas holiday season, and the market volume has decreased, which could make it easier for whales and holders of this coin to facilitate bottom formation. Additionally, the price has reached the golden Fibonacci zone between 0.5 and 0.618, which could significantly influence the end of the correction and the continuation of the upward trend. 🧩 The RSI oscillator is also in a critical and interesting area. If it stabilizes below 30 and enters the Oversell region, there might be panic in the market, potentially leading to a sharp drop. For the continuation of the upward trend and a new bullish leg, the RSI needs to rise above the 50 area to introduce momentum into the market. 📉 If further correction occurs, the next support level is at $7.51, and in the event of panic and sharp declines, the next support would be at $4.89. 🔼 For long positions, if the momentum changes, the market will create a new structure and provide triggers, but currently, the only triggers are at $11.28 and $14.75. The next resistance will be at $17.96. 📝 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
14
TradeCityPro | BCHUSDT Final Analysis of 2024👋 Welcome to TradeCityPro Channel! Welcome to the last analysis of 2024! The Trade City Pro team is very happy to have been with you this year and, at your request, has resumed its activity on TradingView. Our first analysis dates back to 2021 on this platform. :) 🌐 Overview Bitcoin Now let’s analyze Bitcoin Cash (BCH) together in the final hours of this year. But remember, tomorrow is the most holiday-packed day of the year, with about 60% of the world’s population enjoying their break, which means trading activity is expected to be low. Before starting the analysis, as always, let’s take a quick look at Bitcoin. On the 1-hour timeframe, it has rejected resistance, and the RSI failed to enter overbought territory, returning to the 91830–95753 box. It’s likely that Bitcoin will range within this box tomorrow. Alongside this rejection, Bitcoin dominance has been trending upwards, causing altcoins to experience deeper red candles on the last day of the year. 📊 Weekly Timeframe On the weekly timeframe, BCH is one of those coins that is still bullish. It recorded higher lows in both 2023 and 2024 and has shown good performance. The $94.8–$138.2 range corresponds to Bitcoin’s $16k zone. If you bought from lower levels, it’s reasonable not to make any moves for now and continue holding your position. You can consider withdrawing your initial capital and exiting below $302.4 if a weekly candle closes there. Personally, I’m not entering this coin right now, but the $689.5 trigger on the weekly timeframe is a key level. After breaking this, BCH is likely to enter the overbought zone with higher volume. Therefore, taking risks and buying at $302.4 or $424.2 could be logical. 📈 Daily Timeframe On the daily timeframe, after breaking through the daily resistance box at $369.8, which gradually lowered its resistance, BCH started its upward move and was rejected at $623.4, leading to the key support level of $432.0. This support is very important as it can change the corrective momentum and enable BCH to test the highs again. If it breaks, BCH could drop to $369.8. During the uptrend and box breakout, volume increased, which is a good sign. However, volume decreased during the decline, which is also positive. Still, today’s daily candle shows significant volume with an upper shadow, increasing the likelihood of further downside. ⏱ 4-Hour Timeframe On the 4-hour timeframe, we see that volume is at its lowest, and trading activity is minimal. If you’re trading, open positions with lower risk. At the $622.1 level, a fake breakout occurred. This is a trader-trapping strategy where, after faking a support or resistance, we look for the first breakout trigger on lower timeframes and open a risky position, as fake breakouts can sometimes reverse trends. 📈 Long Position Trigger since BCH is at a relatively higher level than most altcoins, we can open one after breaking $453.6, but with a small stop-loss and quick profit-taking. 📉 Short Position Trigger BCH is at critical support, and after breaking $431.2, there’s no significant support until $383.3, making it possible to open a short position. Just remember that market volume is very low, so trade with reduced risk and exit promptly when necessary. I’ll indicate whether to use a larger stop-loss like last month’s uptrend or not when it’s required. 📝 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
13
I Cannot Short This !!! situation+next targets.Technically, the cup and handle pattern has broken, which indicates a price increase. The price can easily reach the target goals.. If we measure the AB range, which is $17.5 , and if the breakout is confirmed, we can say that the price will easily grow $37 equal to CD. 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!!
Long
by CobraVanguard
7
This is The #1 Secret For Trading ChartsOne of my old time friend came to see me asking for help on finding a document scanner because he is finalising his job application Also to add salt to the wound he knows I don't have a job, he has been making fun of my trading knowledge and experience and mentors. since I bagan on this journey this "friend" of mine pretends to be a friend but deep down is actually plotting to get resources through time, and money and discouragement This makes me angry.So how did I know this? i noticed this through experience of being a friend to him. Sadly not all our friends have good intentions.I once warned my brother to not share the truth with people who are not ready to hear it.Sometimes the public is not ready for the truth But if you are reading this right now Then am going to reveal to you through my trading experience what I have learned and truly mastered Look at this chart NASDAQ:GOOGL have you noticed the piercing pattern? This pattern is a reversal pattern that you can use to your advantage it compliments the last step of the rocket booster strategy. What is the Rocket Booster Strategy? this strategy has 3 steps.. To learn more check out the resources below. Remember combine chart patterns with the rocket booster strategy Rocket boost this content to learn more. Disclaimer:Trading is risky you will lose money wether you like it or not please learn risk management and profit taking strategies. Also use a simulation trading account before you trade with real money
NASDAQ:GOOGLong
by lubosi
TradeCityPro | ONG: Daily Momentum and 4H Futures Triggers👋 Welcome to TradeCityPro! In this analysis, I will examine the ONG coin, a key project within the Ontology ecosystem and a foundation for other projects within this ecosystem. 📅 Daily Timeframe: Loss of Momentum After a 100% Rally In the daily timeframe, we observe an accumulation box from $0.2504 to $0.3551. After the last rebound from the $0.2504 support, the price experienced a 100% growth to the resistance at $0.5392. 🔽 After reaching this area, the market momentum completely shifted, and the price fell first to $0.3551 and is now at $0.3002. We can now say that the bullish momentum has dissipated, and for the price to increase again, it needs to build a new structure. 🔍 If further declines occur, breaking $0.3002 would be a suitable trigger. For confirmation of bullish trends, breaking $0.3551 is appropriate, but I will discuss these triggers more in the 4-hour analysis. 📊 The volume for this coin is generally low, which, as you can see, creates many shadows making futures trading challenging. Currently, the volume is also gradually decreasing. 🔼 If $0.3551 breaks and the RSI surpasses 50, the price could move higher. The targets for this move are $0.5392 and $0.7393. 📉 If $0.3002 breaks, the next supports are $0.2504 and $0.2170. ⏳4-Hour Timeframe: Futures Triggers In the 4-hour timeframe, we can see price behavior in more detail. ✨ After the second bearish leg from $0.4071 to $0.3002 and a fake break of this support, the price formed a range box and we can also observe a descending trend line. 🔽 For a short position, if $0.3002 breaks, consider opening a short position. The target for this position is $0.2602. However, a floor above this zone at $0.3100 presents a riskier trigger, and if this area breaks, you could open an early short position. A break of 41.06 aids the entry of more bearish momentum and further market decline. 📈 For a long position, first wait for the descending trend line to break. In this case, you can use the trend break trigger or wait for a break of $0.3564. The target for this movement is $0.4071. The next trigger for a long position is a fake break of the $0.3002 support, which has already happened once and managed to keep the price above it. In case of another fake break, you could open a position with an engulfing candle or another pattern trigger. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
20