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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
Step 3 "Rocket Booster Strategy" BreakdownThe number one key to happiness for a stock trader or forex trader is coffee and 2 slices of bread. This is what am from having just before sharing this awesome video lesson with you You need to watch this video because inside you will be learning: 1-The best candlestick pattern 2-A Bullish candle stick pattern 3-A reversal candle stick pattern Also if you use this chart pattern with the rocket booster strategy it will really help you alot. Rocket boost this content to learn more Disclaimer: Trading is risky you will lose money please Learn risk management and profit-taking strategies. Also, use a simulation trading tool before you trade with real money
Long
by lubosi
This #1 Chart Pattern Will Help YouI was trying to buy the break out in natural gas about 2 weeks ago, and then it crashed and then bounced back up.. the volatility in the futures markets is insane Also the lack of liquidity can be a challenge Now if you look at this chart you will notice this candle stick chart patterns its called the piercing pattern now this pattern is basically when the green bar- opens below the previous "wall of sellers" and then closes above the last close this is a bullish pattern, which I learned from reading Steve Nisson's Book on candlestick charting. Also if you combine this technical analysis with the rocket booster strategy you will get to see the full picture of this price action going up if you want to learn more about the rocket booster strategy check out the resources below. Rocket boost this content to learn more. Disclaimer: Trading is risky you will lose money so please learn risk management and profit-taking strategies also, use a simulation trading tool before you trade with real money
Long
by lubosi
TradeCityPro | APEUSDT Calm in the NFT Market👋 Welcome to TradeCityPro Channel! Let’s analyze one of the most well-known coins in the NFT space, which instantly reminds us of the NFT market whenever mentioned. 🌐 Overview Bitcoin As usual, before starting the analysis, let’s take a look at Bitcoin on the 1-hour timeframe, where it seems the 92722 support has been faked. On the 4-hour timeframe, a good engulfing candle is forming near the year-end, which could be a positive sign. Today's daily candle is very important. If it closes with good volume, we might consider a risky entry while keeping an eye on the market. If Bitcoin dominance rises, we might see Bitcoin's upward movement toward 115K, and if dominance falls, the altcoin market could offer better opportunities! 📊 Weekly Timeframe In the weekly timeframe, we can see APE has risen from its last support at 0.557, finally showing signs of life and activity, which is promising for the NFT market, although more active projects like BLUR exist. After being rejected from 1.883, the resistance level shifts to 2.335, which could mark the breakout point of the weekly box. Breaking this level could act as a trigger for buying, with a stop loss at 0.892. If 0.892 breaks, it’s logical to set your stop loss below 0.557. Even if you are holding from before, it makes sense to exit your position and cash out below this level. 📈 Daily Timeframe On the daily timeframe, after the break of 0.894, it was possible to buy with either a Risky stop loss at 0.67 , Secure stop loss at 0.545 If this trade was taken, it would have been reasonable to exit the initial investment at 1.943. If not, it’s better to currently do nothing and let the stop loss hit. For re-entry, I’d likely wait for 1.943 or 1.269 to break while watching for capital inflow into the NFT market. Personally, I’d focus on other coins in the NFT space with newer features. During the upward movement, volume increased, and during the correction, volume decreased, which is a positive sign for the bullish trend. Unlike some coins that returned to their daily boxes, APE hasn’t, which makes it slightly more bullish. ⏱ 4-Hour Timeframe In the 4-hour timeframe, after the drop and rejection from 1.903, sellers are currently active, and the coin is within a box that defines its next move. 📈 Long Position Trigger The strategy is clear—wait for a break of 1.280 with increased volume to open a long position. Be mindful of market conditions and manage risk with smaller position sizes. The current 4-hour candle looks promising. 📉 Short Position Trigger After breaking 1.174, a short position can be opened with a target of 1.024, but use a tight stop loss. Once you hit your desired risk-to-reward ratio, manage the position or take profits quickly. If stopped out, take a temporary break from the market. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
25
TradeCityPro | CAKE: Weekly & Daily Price Dynamics👋 Welcome to TradeCityPro! In this analysis, I will examine the CAKE coin. Pancake Swap is a DEX platform on the BSC network, ranking first among DEXs by TVL. This analysis will technically review the platform's coin, CAKE. 📅 Weekly Timeframe: Reaching the Demand Zone In the weekly timeframe, following the break of the $3 support, the price dramatically fell, and after several weeks, it found a bottom at $1.093. With incoming buying volume, it rebounded from this zone and eventually reached up to $4.753. 🔍 After the initial contact with this area, the price was rejected and fell sharply again to $1.549, where the second bottom was formed. After a confirming candle, the price moved towards the supply zone near the resistance at $4.753. 📊 The buying volume was very strong in the bullish candles that formed, but after reaching $4.753, we observed a heavy rejection and the price retraced the entire bullish leg. With the RSI reaching the 50 level, the bullish momentum also dissipated. 🚀 For an uptrend, as long as the price is below the supply zone, I do not expect large and sharp candles. However, if $4.753 is broken, the price could move towards targets at $9.723 and even $41.575. 🔽 If further correction occurs, the most crucial support is at $1.093, which must not be lost. 📅 Daily Timeframe: More Chart Details and Price Behavior In this timeframe, we can observe more details about price behavior. Currently, the price is in a very tight range box from $2.243 to $2.627, and breaking either of these areas could start a new trend. 📈 If $2.627 is broken, the price could again move up to the $4.753 ceiling. Entry of buying volume and a break of 50 in the RSI will significantly impact this bullish leg. ⏳ On the other hand, if $2.243 breaks, the price could move down to the $1.549 support and, if bearish momentum increases, could even break this support and move towards lower lows. 📝 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
11
Nothing !!!The price is currently within a triangle and will reach the end of the triangle in the coming days. At that point, we should look for a position, considering two scenarios: one is that the triangle breaks upward and the price rises to the 0.382 Fibonacci line, and the other is that the triangle breaks downward and the price drops. However, we must consider the "father" of this coin, Toncoin, which plays a significant role in valuing this coin. 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!!
by CobraVanguard
TradeCityPro | CRV: Daily & 4H Correction Patterns👋 Welcome to TradeCityPro! In this analysis, I will examine the CRV coin, which belongs to the Curve project, a DEX platform in the DeFi space. The analysis is conducted on both daily and 4-hour timeframes. 📅 Daily Timeframe: Beginning of Correction In this timeframe, after negative news for CRV, the price reached the support level at $0.2309, forming its main bottom there and starting its upward movement after accumulating. 📊 With the influx of buying volume, resistances at $0.3425 and $0.4070 were easily broken, and the price reached the resistance at $1.2630 with high momentum. The buying volume peaked and, with a Blowoff candle, the price correction began. ✨ The RSI exiting the Overbuy zone triggered the start of the price correction down to $0.382. Currently, the bottom of the correction is forming at $0.7890, and breaking this area could reach the $0.5 and $0.618 Fibonacci levels, which I have marked as limited areas for you. If these areas break, the next supports will be at $0.4070 and $0.3425. 🔍 If the price wants to continue in the same cycle with the next upward wave, it should not lose the range between $0.5 to $0.618 Fibonacci. Breaking this range would reset the market momentum, and the chart would need to create a new structure. 📈 For going long, the best trigger is breaking $1.2630 targeting $1.9116. If this area breaks, the volume and RSI should converge with the price. A divergence in volume greatly increases the likelihood of a fake break. For riskier triggers, it's better to look into the 4-hour timeframe. ⏳ 4-Hour Timeframe: New Price Structure in the Correction Phase In the 4-hour timeframe, we can see the last upward leg in more detail and apply a new Fibonacci Retracement. 🧩 Currently, the price has corrected to the $0.5 Fibonacci zone, which overlaps with $0.7890, forming the primary bottom of the correction. 🔼 For an early and risky long position, breaking the resistance at $1.0451 is suitable. However, as mentioned in the daily timeframe analysis, the main resistance and trigger for going long is $1.2630. 🔽 For a short position, breaking the $0.382 Fibonacci, which overlaps with $0.9069, is suitable, but be cautious as you are shorting in a correction of an upward trend. Engage minimal risk so that if the upward trend continues, you do not incur significant losses. 🔑 The market volume has been decreasing since the peak at $1.2630 and is now at its lowest. The RSI is also ranging between 39.82 to 59.27, with a break of either area potentially introducing new momentum into the market. 📉 If further correction occurs, the next supports are the $0.618 Fibonacci at $0.69, and the areas at $0.5553 and $0.4661. 📝 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
GMT Analysis - What Shall we Expect !!!The price is within an ascending wedge and this can be a bullish signal for GMT. However, we need to wait for this wedge to be broken and then wait for the price to rise. Currently, the price can be bearish because more funds have been injected into Bitcoin to allow Bitcoin to find more stability in the coming days. 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
(Update) !!! Daily Chart Analysis (READ)If the price can hold the support line, it could rise to the 0.618 Fibonacci line. 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!!
Long
by CobraVanguard
(Update) !!! Daily Chart Analysis (READ)As long as the wedge is not broken, it cannot be said that the price is going down, and this is what scares me. So, as long as the wedge is not broken, the price can remain bullish. 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!!
by CobraVanguard
The #1 Trading SecretAm still hurt about the argument i had with that young person I feel so sad and sometimes angry young people have so much power i wish i could help them see the truth if i was younger i wish i had someone like me with the experience and knowledge to help me sadly it will never happen without commitment the only way i can help them is if they come into my environment going to help someone without a plan to bring them into your environment is not a good strategy this is why i only share trading secrets inside trading communities, Look at this chart below is the MACD indicator showing you a buy signal plus the price action is above the 50 ema and the 200 ema also, this stock is trending upwards which means it's a good trend buy. Thats the number #1 Secret of trading buy a stock like NASDAQ:NVDA that is trending up or gaping up, Rocket boost this content to learn more. Disclaimer: Trading is risky please learn risk management and profit-taking strategies Also use a simulation trading tool before you trade with real money.
NASDAQ:NVDALong
by lubosi
TradeCityPro | MINA: Daily Uptrend and Volume Spike👋 Welcome to TradeCityPro! In this analysis, I will examine the MINA coin. The analysis is conducted in the daily timeframe. 📅 Daily Timeframe: Increased Buying Volume Alongside a Curved Trend Line In this timeframe, after the price bottomed out at $0.3838, bullish momentum gradually entered the market, leading to a breakout at $0.5765. This initiated the main upward leg, even breaking the resistance at $0.7268 and reaching $1.0021. 🔍 After reaching this resistance, the market entered a corrective phase, initially pulling back to $0.7268 and currently to $0.5765. This support aligns with a curved bullish trend line formed in this upward cycle, creating a strong Potential Reversal Zone (PRZ). 🔽 If the $0.5765 level breaks, the price could potentially return to the $0.3838 floor. A break below 34.35 in the RSI increases the likelihood of this movement. The $0.3838 support is the most crucial for this coin. 📈 If the price rises, the first risky trigger will be breaking $0.7268, where market momentum will be low. The main trigger is at $1.0021, and breaking this area is critical. If this area is breached, the price could move up to $1.6225. 📊 Currently, the market volume has decreased during the correction, indicating trend confirmation. The RSI, if it returns above 50, will also carry strong momentum. 📝 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
25
The last bullish chance of STX in Mid term!As you can see, the price is in an ascending triangle and is also forming the handle of a cup and handle pattern. Each of these patterns indicates a bullish trend in the medium term. We just need to wait for these patterns to break out to reach the desired target. 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
Prepare to fly with DOGE!After this heavy drop, DOGE has now formed an ascending triangle in the Daily time frame, which could be a sign of a bullish trend. Please note that this analysis is in the daily time frame. 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 | ENJUSDT Analysis Christmas Holiday👋 Welcome to TradeCityPro Channel! Let’s analyze ENJ during the holiday season and identify triggers across different timeframes to make the most of market opportunities. Don't forget to check the Signature section at the end for updates! 😊 🌐 Overview Bitcoin Before diving into ENJ analysis, let’s look at Bitcoin. It broke the 95445 short-term support and is expected to move toward the 92722 support, where it might form a new structure. Key support levels for Bitcoin are 91K, 86K, and 81K, which hold significant importance. Additionally, Bitcoin dominance is also dropping, forming red candles during this decline. This means the market as a whole is correcting: Coins bullish against BTC are correcting less, Coins bearish against BTC are showing more red candles than Bitcoin itself. 📊 Weekly Timeframe ENJ hasn’t shown significant movement. After breaking its smaller box resistance, it entered the larger timeframe box, only to get rejected from the upper boundary and return to the entry point of its box. The 0.3743 resistance has become increasingly important. Once broken, it could signal a buy opportunity, preparing for a potential break of 0.6920. However, ensure the breakout is accompanied by increasing green candle volume and confirmation through RSI surpassing 83.90. If you are holding ENJ and looking to activate your stop loss to exit, it’s logical to sell after breaking 0.1256 and closing a weekly candle below it. Always take stop losses seriously and look for re-entry triggers later. 📈 Daily Timeframe After hitting the 0.3838 daily resistance, ENJ has formed lower highs and lows, returning to the 0.2116 support zone, which is crucial. This 0.2116 support holds significance due to Fibonacci alignment,Its position on the 50% level, indicating potential for a rebound if the trend weakens. Alternatively, breaking this support could lead to lower lows, bringing ENJ back into its weekly box. In this case, it might retest the 0.1854 and 0.1520 support levels. ⏱ 4-Hour Timeframe Market volume has significantly dropped, suggesting reduced trading activity during the holidays. This low 24-hour trading volume has led to irrational and unnecessary market fluctuations. 📈 Long Position Trigger After breaking 0.2483, a long position can be opened, but given the low market volume, trades should be executed with reduced risk. 📉 Short Position Trigger After breaking 0.2105, a short position can be considered. However, logical trading during these conditions involves small stop losses and focusing on risk-to-reward ratios while quickly taking profits. 💡 BTC Pair Insight Currently, ENJ isn’t performing well against Bitcoin. After showing some signs of life by testing the 0.000000374 resistance, it got rejected and returned to its support level. Keep in mind that breaking this resistance could finally bring ENJ some gains against Bitcoin, which would likely translate into USDT price increases during a bullish market. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
15
TradeCityPro | MAGIC: Daily Dynamics and Key Resistance Reaction👋 Welcome to TradeCityPro! In this analysis, I will examine the MAGIC coin. This project falls under the category of crypto gaming and is one of the major projects in this field. 📅 Daily Timeframe: Reaction to Key Resistance In the daily timeframe, the price recorded its main support floor at $0.2983 and was in the Accumulation phase up to $0.4085. With the breakout above this box, an upward movement began towards the $0.7101 area. The volume of this leg was increasing, showing convergence with the trend. 🔍 Upon reaching the $0.7101 resistance, the price initiated a corrective phase on its first contact, starting with a short-term correction but then extending into a deeper pullback to $0.4085, and now it is again building a new structure. 📊 As we approach the New Year, the market volume gradually decreases, and personally, in this situation, I prefer to hold fewer positions and wait for the volume to re-enter the market. 🔽 If the $0.4085 level breaks, the market momentum will completely reset, and the price will create a new structure for building a new trend. The most important support for MAGIC is the $0.2983 area, which is the historical floor of this coin and a very strong demand zone. Entry of the RSI into the oversell area will increase the likelihood of breaking this resistance. 📈 For a long position, the main trigger for now is $0.7101, and if the price stabilizes above this key area, the next resistance will be $0.9344, which is a minor resistance. The main chart resistance currently is at $1.4473. While not the ATH, it is a very strong supply zone, and the price will need significant bullish momentum to break through this area. 🧩 A risky trigger for a long position is $0.4694, where breaking this trigger presents a suitable early long position but raises the risk of the position higher and increases the likelihood of hitting a stop loss. 📝 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