USTEC (NASDAQ 100) - Sell Limit Opportunity After Liquidity GrabUSTEC has reached a significant liquidity zone above resistance, offering a high-probability sell limit setup. This move suggests the market has cleared stop-losses and is poised for a bearish reversal.
Key Observations:
Liquidity Grab: The price spiked above a key resistance level, triggering stop-losses and trapping breakout buyers.
Market Structure: Signs of bearish rejections and diminishing bullish momentum indicate a potential downside move.
Optimal Entry: A sell limit at aligns with the liquidity sweep and anticipated reversal zone.
Trade Plan:
Entry: Sell limit at , targeting a move downward from the liquidity zone.
Stop Loss: Above the liquidity sweep to protect against false breakouts.
Take Profit: Targeting support levels around for an optimal risk-reward ratio.
Risk Management:
This setup uses the liquidity grab to pinpoint a strategic entry. Ensure disciplined risk management and proper position sizing. Monitor for bearish confirmation before executing the trade.
Trend Analysis
100 SMA IS KEY - $115,000 ? As illustrated, we see price looking to dance with the 100SMA line in the 4H timeframe.
Should price close above it, it would have to hold as support in order to maintain the uptrend and make this a potential continuation impulse to break ATH.
It is key to see price hold at or above the 100SMA in order for this idea to be valid, and if it retraces back down again, it's important that the $92,000 - $91,000 price range holds as major support.
Should price continue to rise above and beyond the 100SMA, you should see bullish structures forming right on the SMA, such as: rising triangle, bullish flag, rising wedge, ascending triangle, or an inverted head and shoulders (more effectively in the 1H timeframe).
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GOOD LUCK!
BTC IS UP SOONBTC has entered the support zone. Currently waiting for the 1-hour entry signal (built a new indicator). RSI 1-hour divergence, would be cool to see it also on 4h.
It gets bullish with a good entry soon. RM 1N6 pretty ok swing.
Indicator.
I’ve built a custom trend-based indicator that provides buy/sell signals with 80% efficiency. With a solid risk management (RM) strategy that includes simple stop-loss (SL) and stop-loss exit (SLX) rules, it can achieve near 100% effectiveness. It works across all timeframes—you just need to analyze each timeframe before entering a trade. The indicator highlights potential reversal zones based on the current trend and within 1 candle, making it ideal for scalping but also effective for longer positions, such as swing trading.
I’m still refining it, but unfortunately, TradingView (TW) isn’t the best platform for this type of code, so I’ll be exploring other options to complete the development of this trend-based signal indicator.
I'll post an example with open position to show it works within the next setup up if you are interested.
Let me know.
Bitcoin’s December Outlook: Consolidation or Trend Reversal?Bitcoin Bull Market: Is It Over? A Closer Look at December's Impact
Bitcoin (BTC) has demonstrated resilience in December, with a modest decline of less than 2.5% as traders anticipate the crucial monthly and yearly candle close.
BTC Price Performance in December
Despite being approximately $15,000 below its recent all-time highs, BTC/USD has only depreciated by 2.4% compared to its December opening. This positions Bitcoin as a strong performer in 2024, with the broader bull market narrative remaining intact upon a long-term perspective. Analysts project a potential 145% price increase for Bitcoin from this year's levels.
Key Insights for the Week
The coming week holds significant importance for Bitcoin's trajectory. A weekly candle close below $92,800 could signal the start of a bearish trend, potentially driving prices toward $79,580 and $71,400 in January. Conversely, if Bitcoin stabilizes above $92,800, it is likely to trade within the range of $92,800 to $103,760.
For a renewed bullish outlook, a daily candle close above $103,560 is critical, as it would pave the way for upward movements toward $127,510 and $149,100.
Key Levels to Watch
Pivot Line: $92,800
Support Levels: $79,580, $71,400, $64,920
Resistance Levels: $103,757, $127,511, $149,100
Trend Outlook
Consolidation: Between $92,800 and $103,760
Bearish Trend: Below $92,800
Bullish Momentum: Above $103,560
Chainlink (LINK): Possible Head & Shoulders on Smaller TFChainlink has made a nice decline where we bounced right off as well.
We expect to see a smaller recovery to further upper zones and then a possible H&S pattern to form on smaller timeframes where we will be looking for a weakness near the right shoulder to form.
Once we see it, we will be looking for a possible downward movement to the neckline zone (support zone).
Swallow Team
XAUUSD ANALYSISHello traders i am going to share my idea on xauusd. kindly share your ideas on analysis.
In my opinion gold can move for short because gold is currently in sell trend now. it is possible that it will touch 2585 now..
Keypoints
entry point 2615
Target 2585
like and follow me for more ideas ...
NEAR long entryhello to everybody and welcome back to another analysis with me, I hope you are all doing well.
in this analysis, we are gonna take a long position on NEAR.
after dumping for days, the price finally gave us a structure shift in the higher time frame and after pulling back for a day, the pullback phase is potentially over because we got a change of character in the lower time frame and it potentially means that the price is ready to go higher and take out the high that I targeted and make a higher high in 1h TF (hopefully).
remember to manage your risk and we all trade by probability, not certainty.
this is not financial advice and is my personal trades and opinions on the market so keep that in mind.
thanks for reading and have a great day. <3
Closing my order with Profit / #107 Profits rowAs discussed throughout my yesterday's session commentary: "Technical analysis: No changes so far on the Daily perspective (Gold is Trading within my model) as today’s session E.U. opening didn’t delivered any significant move towards any Buying or Selling pressure point /confirmation, even though Fundamental numbers throughout Friday’s session met the forecast and delivered relief for Gold Buyers, DX on a Fundamental surprise, delivered full bodied green candle. The Price-action remains Neutral above the Hourly 4 chart’s Support zone of #2,622.80 - #2,627.80 and below the #2,638.80 - #2,642.80 Resistance zone fractal so use mentioned zones as your Intra-day pointers. It is Natural that Price-action found both Sellers and Buyers as RSI hit the Neutral zone, and with the absence of macro-economic catalysts, strong Volatility is expected, and don’t be surprised if you see thin Volume throughout today’s session. As the market is waiting for a catalyst, I see no alternative under such a Neutral setting but to maintain my breakout strategy and watching closely DX, to carefully issue my next move. If however #2,645.80 breaks, Price-action will be calling for upside extension, where #2,622.80 break can open doors for #2,600.80 benchmark and #2,592.80 configuration sequence. Otherwise, Volatility will be on the main stage. I do believe Selling pressure is still present on market so take that into consideration prior to positioning."
I have closed my Selling order (#2,628.80 - #2,611.80) on a fine #17-point Profit extending my results range to #107 Profits and #21 Stop-loss hits regarding December #2023 - December #2024 cycle along with pre and post Fed Profits I have made. Well done for Traders who followed my calls.
My position: I expect Gold to remain heavily pressured and only #2,642.80 - #2,652.80 break-out restores Bullish Short-term trend / soaring hopes. Anything below, I will continue to re-Sell Gold on my re-Sell points. Keep in mind that Volume may be decreased due holiday throughout tomorrow's session.
Ethereum (ETH): Possible 18% Drop ComingEthereum has done so far a decent decline, breaking our bounce zone, where sellers have secured this zone as well with a re-test.
We are now expecting to see a possible break of structure to form near $3,100, which would lead price towards the support on lower zones!
Swallow Team
NZD/USD LONGLong NZD/USD is supported by technical analysis based on key indicators that suggest a potential reversal or bounce in the price. On the 4-hour chart, the price is showing signs of consolidation after a long downtrend, with a favorable setup for a recovery.
The Alligator moving averages are still bearish, but the price is starting to consolidate near the lower level, suggesting a possible weakening of the bearish pressure.
The indicator below is showing a reversal from the oversold level (-50), with a positive bias, signaling a potential resumption of buying by the market.
Support and Resistance: The support level at 0.5700 has held so far, while the target area is visible near 0.5740-0.5760, indicating a reasonable profit window. The stop loss has been placed below the recent low to manage risk.
These elements suggest that the price may attempt a bounce in the short term. However, it is essential to carefully monitor the confirmation of the trend through a breakout of key levels and increasing volumes.
ideaThis Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView
BinanceUSDT Finds Footing: New ATH on the Horizon?BinanceUSDT is finding strong support at the trendline and the 100 EMA, acting as dynamic support.
The price shows strong potential to break the nearest resistance and aim for a new ATH.
Monitor it closely for upcoming moves, and don’t forget to follow us for more updates.
$INJ: Bullish reversal detected on the $INJ daily timeframe.CRYPTOCAP:INJ is a highly underrated project with immense potential. As part of the Cosmos ecosystem, it boasts a state-of-the-art blockchain featuring advanced tools, high speed, and low gas fees.
I’ve been tracking CRYPTOCAP:INJ closely as one of my favorite tech projects. While it’s not as popular as CRYPTOCAP:SUI , I have strong faith in its technology and long-term potential.
Looking at the charts, CRYPTOCAP:INJ has underperformed compared to other altcoins due to a bearish correction on the daily timeframe. However, this correction seems to be nearing its end.
With the weekly timeframe still showing bullish momentum, CRYPTOCAP:INJ appears primed for a double push-up. Based on this analysis, I anticipate a strong rally, potentially reaching $30 and even $40 within the next month or two.
DYOR!