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Trend Analysis

GBPJPY TREND BASE TRADEExpecting a trend-following buy trade from the current price level. The overall market trend is bullish, with a recent breakout of resistance that led to a new high. Now, the market is retesting this former resistance on the daily chart, which we’re viewing as support. On the 1-hour chart, a double-bottom pattern has formed, and its neckline has broken. We’ll look to enter a trade on the retest. Entry 197.247 Sl 196.75 Target's 197.84 , 198.07 & 198.35
Long
by ArtOfTrading33
AUD/USD Extends Losses Amid Mounting Bearish DynamicsTechnical Analysis On the 4-hour chart, AUD/USD has maintained its downward trajectory, decisively breaking below the weekly support level at 0.65579. This break has paved the way for further declines, with the next immediate support target at 0.65470. Should bearish control persist, the subsequent downside objectives are at 0.65331, 0.65178, and 0.65012. Each support level represents a critical inflection point, where a breach could accelerate the bearish continuation. Momentum indicators further substantiate the bearish outlook. In an alternative scenario, if buyers manage to regain control and push the price above 0.65579, the immediate focus would shift to the resistance level at 0.65980. A breakout above this level could signal a potential shift in momentum, suggesting a possible reversal of the current bearish trend. Key Events to Monitor Traders should closely monitor upcoming speeches by Federal Reserve members Thomas Barkin and Neel Kashkari, as these may provide further clarity on the Fed's future policy direction. However, the primary market-moving event for AUD/USD remains the release of U.S. inflation data on Wednesday. Given the current bearish sentiment, any surprises in the inflation report could trigger significant volatility in the U.S. dollar, directly impacting AUD/USD dynamics.
Short
by Errante
ETH Gearing Up for $4,000?The ETHUSDT chart shows a potential bullish scenario, with Ethereum forming a rounded bottom pattern on the daily timeframe. Currently trading around $3,333, ETH has rebounded significantly from its previous lows, indicating a strong upward momentum. Key Points to Consider: Rounded Bottom Formation: This pattern typically suggests a reversal of the downtrend, hinting at a possible sustained upward movement if the formation completes. Fibonacci Levels: The chart marks key Fibonacci retracement levels, which could act as future support or resistance. The target at the 1.618 Fibonacci extension is around $4,008, suggesting a potential upside if ETH breaks through resistance levels. Resistance at $4,000: The area around the $4,000 mark could pose significant resistance, which aligns with the completion of the rounded bottom. Breaking through this level might signal a stronger bullish continuation. Potential Strategy: Traders might consider looking for a breakout above the $3,386 level as an entry point, with an initial target near $4,000. However, a failure to hold above key support levels could indicate a reversal, so close monitoring is advised.
Long
by Sanhara
Is #PEPE Ready for another Massive Rally or Not? Key Levels Yello! Is #PEPEUSDT on the verge of a breakout or are we about to see a major reversal? Here's what you need to know right now about #PEPE: 💎#PEPEUSDT is showing strong signs of a bullish continuation as it moves from a key support level toward retesting the minor resistance above. If price action holds momentum here, we could witness a break above the descending trendline, setting the stage for a powerful bullish surge. Over time, we’ve noticed that #PEPE consistently respects this resistance zone, and if momentum sustains, an imminent breakout is on the horizon. 💎However, the bullish scenario isn't confirmed yet. The crucial level to watch is the minor resistance at $0.0000118. We need a decisive break above this level, accompanied by strong engulfing candles and sustained momentum. Until that happens, we must stay cautious and avoid rushing into positions. It’s all about patience in these moments. 💎If #Pepe fails to break above $0.0000118 and loses momentum, the bears may take control. In that case, the key level to monitor is the bullish order block (OB) between $0.0000069-$0.0000074. This zone has already been tested twice and has held strong. If the price rebounds here, the bullish outlook could remain intact. 💎On the other hand, if #PEPE breaks below this Bullish OB, the next target would be the major support at $0.0000059. A fall below that, and the bullish setup would be invalidated, likely triggering a sharp drop in price. Stay focused, patient, and disciplined, Paradisers! 🥂 MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
Inverse Head and Shoulders Pattern - SYNCOMFHey traders, I wanted to share an interesting swing trading setup I spotted on the SYNCOM FORMU (I) LTD daily chart. The stock has formed a classic inverse head and shoulders pattern, which is a bullish reversal signal. This pattern is characterized by three troughs, with the middle trough (the head) being the lowest and the two outside troughs (the shoulders) being higher and roughly equal in height. Here's the breakdown: The left shoulder formed around mid-October. The head was established in late October. The right shoulder completed in early November. The neckline of this pattern is around the 21.57 INR level, which the stock has just broken above, indicating a potential upward move. The target for this pattern is calculated by measuring the distance from the head to the neckline and projecting it upwards from the breakout point. This gives us a target around 24.93 INR. Volume also supports this breakout, as we can see a significant increase in buying volume during the breakout. This adds more credibility to the bullish move. For risk management, consider placing a stop loss below the right shoulder, around 20.48 INR. This setup offers a good risk-to-reward ratio, making it an attractive swing trade opportunity. Happy trading and stay safe!
NSE:SYNCOMFLong
by stocktechbot
NIFTY50: INSTITUTIONAL LEVELS FOR 12/11/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:NIFTY
by tony_fx_sm
BTC analysis (Long Term) - Nov 11 2024#BTC analysis (long term) BTC has been rising since 15,000 zone and after months of consolidation since March, it has reached 87,000 zone now. Considering the price range of the consolidation phase, BTC is currently in a tough resistance zone (82,500 - 88,000) where it will probably stop its recent parabolic rise for a while. Given the wide gap that has appeared on BTC CME futures chart and also the broken ATH zone of 73,000 , BTC will probably spend some days dropping towards the previous ATH. The maximum target for the rise since 15,000 is the area of 104,000 - 128,000 . But if BTC manages to stay above 128,000 level for a couple of weeks, then crazy targets of 250,000 - 300,000 will be activated. Upon reaching the 104,000 - 128,000 zone, probably a big bearish weekly divergence will have appeared on the chart that if confirmed, will result in a -50% to -60% drop (as the great C wave) and then the mega bull run (similar to 2017) will begin.
by AlgoBotTrading
ARB Long Setup Setting / Targets and PlansBINANCE:ARBUSDT COINBASE:ARBUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 1x-2x Leverage SL2 ---> Mid-risk status: 3x-4x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 0.6409 0.6505 0.6605 0.6726 🔴SL: 0.5917 🧐The Alternate scenario: If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
SOL: Keep an eye on this level! The price is currently facing significant resistance at the current price level, and if a breakthrough is successful, a move to 230$ will likely happen! In this setup, I've highlighted three price levels where it is wise to take some profits if you buy at 211$! The idea is: Buy when the price breaks above 211$ and take profits at the levels shown in the chart. Targets: 1. 215$ 2. 220$ 3. 230$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto
2
Solana’s Bullish Surge: $220 High Signals Potential for New ATH Solana’s ( CRYPTOCAP:SOL ) recent performance has been explosive, breaking past $220 for the first time this year and setting the stage for potentially higher targets. Driving this bullish momentum is a unique blend of technical and fundamental factors, particularly the growing appeal of meme coins on the Solana network and robust market sentiment. Pump Fun’s Significant Sell-Off Meme coin launchpad Pump Fun has offloaded 43,000 SOL tokens (valued at $9.46 million) as the price hit $220, adding to its cumulative 793,243 SOL sold. Despite this, Pump Fun still retains 220,865 SOL, indicating that this liquidity event may be strategic rather than indicative of bearish sentiment. Meme Coin Frenzy Boosts Solana Ecosystem The recent meme coin craze on Solana, with tokens like ACT and PNUT surging 1,300% and 250% respectively, has bolstered SOL’s appeal. This trend has even driven Solana’s DEX trading volume above Ethereum’s for the sixth consecutive week. With $160 million bridged into the ecosystem in the past week alone, this influx of capital underscores the growing interest in Solana-based DeFi and meme coin trading. DeFiLlama data shows that Solana’s DEX volume hit $17.484 billion, surpassing Ethereum’s $14.97 billion. Technical Analysis Technically, Solana’s breakout above the $210 resistance, now turned support, is significant. The token is trading within a breakout channel and is up by 5.54% in the last 24 hours. This breakout has set sights on the $235.5 resistance level, followed by its previous ATH of $260.06. Altcoin Sherpa, a well-regarded analyst, even predicts that a breach of this ATH could push SOL towards $290, with speculative targets as high as $1,000 within the current market cycle. If SOL maintains support around $210 and the $199–$195 range, this area could act as a launchpad for continued upward movement. However, if buyers fail to hold this level, SOL may see a correction toward $183–$172 before another rally. Market Sentiment and Broader Crypto Landscape The bullish momentum for SOL is part of a larger upward trend across the crypto market, with SOL benefiting from both the favorable macro environment and its distinct ecosystem growth. The meme coin popularity on Solana, coupled with strong DEX volumes and increasing DeFi activity, adds to the long-term potential of the network as a primary hub for high-volume, user-driven activity. Conclusion Solana’s rise to $220 represents not only a technical milestone but also a testament to the network’s expanding ecosystem, especially within the meme coin and DeFi sectors. With strong support from both fundamental and technical indicators, SOL’s trajectory suggests that reaching its ATH of $260 is feasible, with even higher targets on the horizon. As SOL continues to capitalize on its position within a bullish crypto landscape, market participants should keep an eye on key support and resistance levels, potential corrections, and the broader sentiment driven by meme coin activity.
COINBASE:SOLUSDLong
by DEXWireNews
EURAUD: Failed to recover the 1D MA50. Sell signal.EURAUD is bearish on its 1D technical outlook (RSI = 42.768, MACD = -0.001, ADX = 33.915) as it reversed just before reclaiming the 1D MA50. The 1D MACD is on a Bearish Cross since last Thursday and since August 5th every such formation completed a -3.63% decline. This time such a decline would reach the S2 level exactly, which is what we're aiming for (TP = 1.60115). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
UiPath: Gap Fill to the Upside?UiPath fell sharply in the spring after its CEO stepped down, but now some traders may look for a rebound. The first pattern on today’s chart is the bearish gap on May 30. The AI and automation stock ended yesterday inside that zone. Could prices fill the gap to the upside? Second, PATH is above its 50- and 100-day simple moving averages. That may suggest its longer-term trend is trying to reverse upward. Third, this year’s low of $10.37 near the trough in 2022 may confirm that support is in place. Next, prices have cleared a falling trendline along the peaks of September and October. The lower study with our 2 MA Ratio also shows the 8-day exponential moving average (EMA) has crossed above the 21-day EMA. Those points may suggest that its short-term trend has gotten more bullish. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:PATH
by TradeStation
GBPCHF Massive Long! BUY! My dear friends, My technical analysis for GBPCHF is below: The market is trading on 1.1290 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.1305 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
BTC/USD: Low Volume Hints at Bearish ReversalTechnical Overview: 1. Primary Ascending Channel: BTC/USD is trading within a long-term ascending channel, indicating an overall bullish trend that has persisted over multiple years. This channel’s upper boundary has now become a critical resistance zone around the $92,805 level. 2. Historical ATH Levels: BTC reached all-time highs (ATH) in April 2021 and November 2021 within a bullish channel. The price then experienced a bearish breakout from this channel. The most recent ATH in November 2024 is near $92,805, aligning with the upper resistance zone of the primary ascending channel. This level serves as a significant barrier to further bullish momentum unless a breakout occurs. 3. Volume Trend: The chart highlights a diminishing volume trend since previous highs in 2018 and 2021. This lower volume indicates weaker buying interest, which often precedes a potential reversal or significant correction. A notable observation is that low volume, as seen here, could signal an impending strong bearish move due to insufficient support to sustain higher prices. 4. Key Observations: - Bullish Scenario: To confirm the bullish trend, BTC/USD needs to break above $93,000. A sustained breakout beyond this level could signal a continuation of the uptrend. - Bearish Scenario: Failing to break above $93,000 could lead to a pullback towards the pivot area near $71,000 and $49700. The low volume trend suggests a strong bearish move may be imminent if BTC/USD cannot sustain its current position near the resistance zone. 5. Trend Outlook: Consolidation: BTC/USD may consolidate within the resistance and first support line zone, allowing the market to gather momentum for a potential breakout. Bearish Bias: Given the low volume and historical pattern of corrections following ATHs, a bearish move toward $71,000 and $49700 is plausible if resistance at $93,000 holds. Conclusion: BTC/USD is at a critical junction. The resistance level at $93,000 is key to continuing the bullish trend within the primary ascending channel. However, the diminishing volume suggests caution, as failure to break this resistance may lead to a bearish correction toward $71,000. Traders should monitor these levels closely for breakout confirmation or signs of reversal.
BITSTAMP:BTCUSDShort
by SroshMayi
sell opportunityTrade Analysis: We are looking for a potential short (sell) opportunity on the at 106.200. The market has recently faced strong resistance around this level, and we believe it is a key turning point for further downside. Key Levels: Resistance: 106.200 (Potential Sell Zone) Support/Target 1: 102.400 (First Take Profit Level) Support/Target 2: 100.170 (Second Take Profit Level) Stop Loss: 107.500 (To protect against further upside movement) Technical Overview: Bearish Sentiment: Price is facing resistance at 106.200, and indicators (RSI, MACD) show overbought conditions, suggesting a potential pullback or reversal. Risk/Reward: A risk-to-reward ratio of 1:2+ (based on entry at 106.200 and first take profit at 102.400). Market Bias: The overall market bias is bearish, with recent price action confirming a potential move lower towards our targets.
TVC:DXYShort
by GODOCM