ETH) vs USD Expert Price Action Strategies for Maximum Gains!BITSTAMP:ETHUSD
ALEXGOLDHUNTER Chart Analysis: Ethereum (ETH) vs US Dollar (USD) on Bitstamp (1-Hour Timeframe)
Key Levels and Structures
Break of Structure (BOS): Indicated by significant price levels where the market structure has been broken. These levels are crucial for identifying potential support and resistance zones.
Change of Character (ChOCH): Indicates a potential reversal in the market trend. Areas where the market sentiment might be shifting from bullish to bearish or vice versa.
Fibonacci Retracement Levels
0.382: 3286.0466
0.618: 3327.6543
0.705: 3342.9915
0.786: 3357.2718
Volume Profile
The volume profile shows trading activity at different price levels. Higher volume bars indicate strong interest and potential support/resistance zones.
RSI and MACD Indicators
RSI: Currently at 50.69, suggesting a neutral market condition.
MACD: Value of 6.2, with the signal line at -9.6 and the histogram at -15.9, suggesting a potential bullish crossover if the MACD line crosses above the signal line.
Buy Strategy
Entry Point:
Look for a bullish reversal pattern or strong bullish candle near the support level around 3286.0466 (0.382 Fibonacci level).
Confirm the trend reversal with a Change of Character (ChOCH).
Stop Loss:
Place a stop loss below the recent swing low to minimize risk.
Take Profit:
First target at the 0.618 Fibonacci level (3327.6543).
Second target at the 0.786 Fibonacci level (3357.2718).
VIP Signal Format (lowercase)
entry: 3286.0466 (buy) tp1: 3327.6543 tp2: 3357.2718 sl: Below recent swing low
Disclaimer
This analysis is for educational purposes only and should not be considered financial advice. Trading cryptocurrencies involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions. Always conduct your own research and due diligence before entering any trade.
Follow @Alexgoldhunter for more strategic ideas and minds
Trend Analysis
LIOC.N00001. Key Technical Observations:
Price Breakout:
The stock has broken above a critical resistance level at 122 LKR (DR). This breakout indicates strong bullish momentum in the short term.
Trendline Resistance:
The stock is currently testing the descending trendline resistance (black diagonal line). A clear breakout above this trendline with volume confirmation could trigger a move toward higher levels.
Support and Resistance Levels:
Immediate Resistance: 124.50 LKR (current level) – needs a daily close above this zone to confirm a continuation of the uptrend.
Support Levels:
117.75 LKR (DM): Acts as immediate support.
115.75 LKR (DS): A fallback support zone.
111 LKR (WM): A key weekly support zone.
2. Indicators:
RSI (Relative Strength Index):
RSI is at 74.14, indicating that the stock is overbought. This suggests the possibility of a short-term pullback or consolidation.
MACD (Moving Average Convergence Divergence):
The MACD line has crossed above the signal line with increasing green histogram bars, signaling a bullish crossover and momentum.
3. Volume and Sentiment:
The breakout above 122 LKR occurred with significant volume, signaling strong buyer interest and bullish sentiment.
Volume confirmation is crucial for validating further upward moves.
4. Potential Targets:
If the stock breaks above the current 124.50 resistance and the descending trendline, the next potential targets are:
130 - 135 LKR Zone (based on previous highs).
Followed by higher levels depending on momentum.
Failure to sustain above 124.50 could see the price retesting supports at 117.75 LKR or 111 LKR.
Macro setup on BTC (bullish)Zooming out from the four-hour to the weekly (my favorite timeframe). It is easy to note that the chart does not look quite as bearish. The BBWP and stochastic RSI needed this cool off zone for a few days/weeks, this allows for continuation. BTC did not quite hit my target before the expected downturn. This remains my PT1. I believe we will see around 140k my April 1st given the fib projection. Once I see BTC hit around 140k, I will wait approximately 10 days and start to take profits on my alts I have been holding and averaging into. I am not willing to wait to see how that ends up. I will leave a few select alts to run until the end of cycle top which should be around 200k. Remember, no one ever got hurt from taking profits.
Bitcoin Local Top 18 - 25 January 2025 The top 2 fractals managed to forecast the top on 17 December 2024. Since then they have been invalidated, however I keep them for a reference for now.
The bottom 2 fractals are from 2 entirely different astro cycles. The have some small differences, however both of them are building a picture of a bull January, with a local bottom and bull reversal between 29 December - 4 January at the latest. Then a rally to 18 - 25 January 2025 and a bear reversal then.
The yellow fractal is more accurate for now as it gives 22 December as a RED close, whereas the white fractal showed 22 December as a GREEN close. Monitoring them until they become invalidated.
All we want from these fractals is to show us extreme pivots. Any edge they offer us is better than nothing. We can't expect them to perform exactly on daily TFs.
DeGRAM | GBPUSD trend line testingGBPUSD is in a descending channel between the trend lines.
The chart still maintains the descending structure.
The price has already reached the lower boundary of the channel and the dynamic support, which has already acted as a rebound point last time.
MACD and RSI indicators on the 1H Timeframe indicate the formation of divergence.
We expect a rise if GBPUSD can successfully hold the lower trendline.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
Bitcoin short to $90500Just now opened a bitcoin short.
Target is $90500 with partials along the way.
On this weekly engulfing candle close the daily shifted bearish and just now came back to retest key area. The 4hr also need a bit of correction as it was quite low hence the 1hr tf had to break structure upwards to facilitate the correction now I anticipate market to continue back down soon.
NASDAQ - Trading Complex Pullbacks & Pennant PatternsThis video will teach you how to trade complex pullbacks.
Concepts include: how to properly read a trend, breakout patterns, structure recognition & different entry techniques.
From the fundamental side, we also examine how recent economic events, such as the FOMC Interest Rate decision, US government shutdown threats, and the Santa Clause Rally, have affected the markets.
I wish you all a safe & happy holiday season!
Akil
BTC/USDT 4H Analysis – Bullish Retracement in PlayHello traders! Welcome to TriggerShark, where we decode the markets with precision and actionable insights.
Today, we're diving into the 4-hour BTC/USDT chart to analyze a potential bullish retracement.
After a sharp drop from 108,353 to 92,232, BTC is now consolidating and showing signs of a bullish reversal.
It is moving within a tentative upward channel, which is crucial for the next move."
The previous 4-hour hammer candle indicates a bullish reversal is likely.
If BTC breaks above the critical 96,510 level, it confirms the bullish setup, and we target 99,958 as the first level.
The second target aligns with the channel zenith around 102,349."
This bullish setup remains valid above 93,700, which is the risk level to watch closely."
The MACD histogram shows fading bearish momentum, as the bars are turning lighter red. This suggests the sellers are losing steam. A bullish cross in the MACD lines could further validate the setup.
$FTT FTT ftx 2 year consolidation between 0.9 - 2.8.... Uptrend?TSX:FTT Ftt Ftx consolidation has spanned from Nov. 2022 till now
A 2-year consolidation between price range 0.9-2.8
Current price: $3.1
My SuperAI just confirmed a super Uptrend on the 3day Timeframe.
A break out from this range will lead up to major resistance 5.5, 6.4
A continuous uptrend can lead up to $21
Invalidation of this #FTT idea is under $2.7
XAUUSD BUY ANALYSIS Hello Traders and investor 👋
What do you think about gold today
Current gold price; 2617
Bulls are back and now gold is about
To hit 2643 Wich is our demand zone,
After rejecting 2590 twice market has
Establish a strong bullish trend, from
This position market's first target will be to
Break 2624 resistance and if market successfully breakout this zone then it's
Next target will be 2643
Key points;
Resistance 2624: 2634
Supporting area 2590: 2603
Note:
First target: 2624
Second target: 2643
Stop loss : 2590
Kindly support and like comment ❤️
Gold: Navigating a Range-Bound Phase After the DropGold (XAU/USD): Consolidation in a Bearish Territory Amid Uncertainty
The gold market has entered a consolidation phase, trading within a defined bearish range following a sharp sell-off on Wednesday. This pullback comes as the precious metal adjusts to a complex interplay of technical and fundamental factors, with current attention focused on the critical price levels of 2622 – 2581. A deeper look into the backdrop reveals that sentiment remains subdued due to broader market dynamics, and the technical setup underscores the vulnerability of gold prices as they test recent lows.
Fundamental Overview: Fed’s Conservative Stance and Market Implications
The Federal Reserve’s latest policy meeting on Wednesday had ripple effects across global markets. Adopting a more cautious stance, the Fed announced plans for just two rate cuts in 2025. This decision disappointed investors hoping for a more dovish approach and weighed heavily on risk-sensitive assets, including gold. Meanwhile, the dollar emerged as the clear beneficiary, strengthening to new local highs as traders flocked to safe-haven assets tied to U.S. monetary policy.
The dollar’s rally placed additional pressure on gold, which often moves inversely to the greenback. However, the broader implications extend beyond just this week. Gold's recent struggles highlight the ongoing challenge of balancing inflation expectations, geopolitical risks, and macroeconomic trends.
Looking ahead, today’s release of the Personal Consumption Expenditures (PCE) index—widely regarded as the Fed’s preferred measure of inflation—could introduce another layer of volatility. A surprise deviation from expectations in the PCE data, whether upward or downward, could significantly impact gold prices. Furthermore, any unexpected escalation in political uncertainty, whether domestic or international, has the potential to act as a short-term catalyst for the metal, possibly leading to a recovery attempt toward resistance levels.
Technical Analysis: Testing the Lows in a High-Volatility Environment
From a technical perspective, gold remains entrenched within a consolidation zone after the steep decline earlier this week. Such a pattern is not uncommon at this time of year, characterized by thin liquidity and heightened volatility as institutional players wind down for the calendar year. Price action suggests that the market is trading in a relatively wide range, bounded by key resistance levels at 2616 – 2622 and notable support levels at 2589, 2581, and 2560.
Currently, prices hover near the lower end of this range, testing the support levels repeatedly. If the support at 2581 holds, it may trigger a short-term recovery toward the upper boundary of the range. However, any failure to defend these levels could lead to a retest of deeper support at 2560, further cementing the bearish outlook.
Conversely, on the upside, resistance around 2616 – 2622 remains critical. A breakout above this zone may entice bullish momentum, but such a move is likely to be capped or short-lived, given the overarching fundamental headwinds. In fact, a retest of this resistance could result in a false breakout scenario, where prices temporarily breach the level before reversing sharply back into the range, targeting local lows.
Trading Strategy and Broader Market Context
For traders navigating the current environment, the focus should remain on the boundaries of the consolidation range. Range-bound strategies, such as buying near support and selling near resistance, could be effective in the short term. However, caution is warranted given the heightened sensitivity to macroeconomic events, including today’s PCE data release and potential geopolitical developments.
In the longer term, the bearish undertone suggests that gold may continue its descent unless a significant shift in fundamentals alters the market narrative. Any sustained rally would require a combination of favorable catalysts, such as a dovish pivot from the Fed, a weakening dollar, or heightened geopolitical tensions.
Conclusion
Gold’s journey through this consolidation phase is emblematic of the broader uncertainty gripping financial markets. While the precious metal has shown resilience in the past, the current setup underscores the challenges it faces in a bearish environment. Resistance at 2616 – 2622 and support at 2581 – 2560 serve as pivotal levels to monitor, with price action within this range offering opportunities for tactical trades.
In the grander scheme, the coming weeks will likely determine whether gold can break free from its consolidation or succumb to further selling pressure. As we approach the end of the year, reduced liquidity and heightened volatility will remain defining features of the market, setting the stage for potentially significant price swings in early 2024.
(The market decides how much profit you make. You decide how much you lose.)
PnutBINANCE:PNUTUSDT
📉 **PNUT Price Update**:
The current price of PNUT is at **0.6830**. If you're watching this coin closely, the **support levels** to keep an eye on are **0.65** and **0.60**. These are key levels where the price could bounce back if it dips. If the price manages to hold above these support levels, we could see the coin continue its upward movement. 🚀
📈 **Resistance Levels**:
If the price does hold at those support levels, the next resistance levels to watch out for are **0.75435** and **0.8453**. These are the price points where selling pressure could increase, potentially slowing or reversing the upward trend. 🔥
⚠️ **Not Financial Advice**:
Just a reminder, this isn't financial advice, so make sure to do your own research and trade wisely! 💡
EUR/JPY "The Yuppy" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low level should be in retest.
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Goal 🎯: 166.500
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