Bitcoin at a Crossroads: Will It Break $96K or Pull Back to $90K"Bitcoin's price action remains within a well-defined ascending channel on the 4-hour timeframe, showing a clear structure of higher highs and higher lows. The recent recovery from the lower boundary of the channel highlights strong buyer interest around the $90,000 level, but now the price is approaching a critical inflection point near $96,000.
Bullish Case: Potential Breakout Above the Midline
If Bitcoin can decisively break above the midline of the channel with strong volume, it would signal a continuation of the bullish momentum. This could pave the way for a rally toward the upper boundary of the channel, aligning with the psychological resistance of $100,000. A clean breakout above this zone might even trigger further upside potential, leading to a retest of higher levels like $105,000 or more. Watch for increasing buy volume and reduced resistance as key signals for this scenario.
Bearish Case: Potential Rejection
On the flip side, failure to maintain bullish pressure near $96,000 could result in a rejection and a pullback toward the lower boundary of the channel. The key support to watch in this scenario would be the $90,000 level. A breakdown below the channel's support would invalidate the bullish setup and could push Bitcoin toward deeper corrections, possibly targeting $87,000 or even $83,000 as the next significant support levels.
Key Levels to Monitor
Immediate Resistance: $96,500 (midline of the channel)
Major Resistance: $98,000–$100,000 (upper channel boundary & psychological level)
Immediate Support: $93,000 (short-term pullback zone)
Major Support: $90,000 (lower channel boundary)
Indicators & Volume
Momentum indicators like RSI and MACD should be closely monitored here. A breakout with overbought RSI might indicate exhaustion, while bearish divergence would support the rejection scenario. Moreover, the trading volume remains critical—any bullish breakout without significant volume could lead to a false breakout, trapping buyers.
Market Context
It's also important to consider the broader macroeconomic environment. Any significant news—such as regulatory developments, institutional buying, or macroeconomic shifts—could act as a catalyst for Bitcoin's next major move. With the current market sentiment leaning bullish, many traders may remain cautiously optimistic, but risk management is crucial given the volatile nature of the market.
In conclusion, Bitcoin is at a decisive moment. Whether it breaks higher or pulls back, this channel structure provides a clear framework for monitoring the next key moves. As always, trade wisely and ensure proper risk-reward ratios in your setups."
Volume
Working off the fall of Silver. H4 26.11.2024Working off the fall of Silver 📉
Silver continues to fall, which I showed in the last analysis . On Monday we got a pushing volume down and if they give a new pullback, I advise to sell with targets around 29 and below. There is still potential for decrease. Major volumes remained up, major segment is also overlapped down and DPOC contract near 31.30 accumulated which gave a reaction down.
CAPITALCOM:SILVER
LONG signal MEWUSDT Max Profit
15m TF. $BINANCE:MEWUSDT is forming an ascending triangle on a small timeframe, signaling the potential for an upward breakout. The current price is 0.009481 USDT, and the price is approaching the resistance level at 0.009505 USDT.
Volumes are starting to increase near the resistance, confirming buyer activity. Indicators show growing bullish momentum, with support at 0.009200 USDT protecting the current structure.
🔑 Technical Context
The ascending triangle formation suggests a breakout above 0.009505 USDT.
Rising volumes near the resistance confirm buyer interest.
The nearest support level at 0.009200 USDT mitigates the risk of corrections.
🚩 Trading Strategy
Entry Point:
Consider opening a long position on a confirmed breakout above 0.009505 USDT.
Stop-Loss:
Place a stop-loss below 0.009200 USDT to limit potential losses.
Take-Profit Targets:
0.009700 USDT – the first target for partial profit-taking.
0.009850 USDT – the main target within the ascending trend.
0.010000 USDT – the maximum target based on the breakout projection.
📈 Recommendations
Volume Analysis: Monitor for continued volume growth during the breakout.
Entry Timing: Wait for a confident close above 0.009505 USDT.
Trend Confirmation: Use 5m and 15m timeframes to confirm the continuation of the bullish move.
Conclusion
$BINANCE:MEWUSDT shows strong potential for an upward breakout. Careful monitoring of volumes and resistance levels provides an opportunity to capitalize on the current market setup.
Short via Limit in USDCHFWe are currently in a bearish trend meaning I am prone to selling. i have found a very strong Level that includes a market equilibrium zone. Also we see a Wyckhoff that suports my Idea and Setup idea.
SL can be adjusted for Traders who want to play it even safer however in my expirience its placed were it belongs
Take profit is traded into the Break of new Low but also there we have to see how the market reacts
Follow my Instagram for daily setups
Technical Analysis of the Gold Spot (XAU/USD) Chart (4H Timefram
This chart displays key elements such as Fibonacci channels, support/resistance levels, and volume data, highlighting the price's potential movements in both bullish and bearish scenarios.
Key Observations:
Trend Overview:
After a significant downtrend, the price is attempting to recover, with early signs of a potential reversal forming near the $2,608–$2,616 support zone.
The descending wedge pattern suggests potential bullish momentum if a breakout occurs.
Support Zones:
$2,586–$2,590: Major demand zone from which strong buying activity previously emerged.
$2,608–$2,616: Current support, acting as a pivot zone for potential bullish continuation.
Resistance Zones:
$2,655–$2,660: Immediate resistance within the Fibonacci channel's midline and horizontal level.
$2,685–$2,690: Key Fibonacci level and major resistance.
$2,708–$2,720: Extended resistance zone at the top of the Fibonacci channel.
Volume Analysis:
Heavy selling pressure is evident (Sell: 265.27K, Delta: 184.58%). However, buyers are defending $2,608, which is critical for a bullish reversal.
Fibonacci Channel:
The chart aligns with Fibonacci retracement and extension levels, suggesting possible upside targets near $2,685 and $2,720 if the trend reverses.
Bullish Scenario:
Conditions for a Bullish Move:
Price must break and close above $2,655, confirming a breakout from the descending wedge and midline of the Fibonacci channel.
Sustained buying pressure must carry price toward higher Fibonacci levels.
Entry Points:
Aggressive Entry: Enter near the current support zone ($2,608–$2,616) with a stop-loss below $2,600.
Conservative Entry: Enter after a confirmed breakout above $2,655, targeting higher resistance zones.
Exit Points (Take Profit):
First Target: $2,685 (horizontal resistance and Fibonacci level).
Second Target: $2,708–$2,720 (major resistance and channel top).
Invalidation:
A breakdown below $2,600, indicating a continuation of the bearish trend.
Bearish Scenario:
Conditions for a Bearish Move:
Price fails to break above $2,655 and faces strong rejection, maintaining the downtrend structure.
A break below $2,608 confirms further bearish momentum.
Entry Points:
Aggressive Entry: Short near $2,655 if price fails to break this resistance, with a stop-loss above $2,665.
Conservative Entry: Short after a confirmed breakdown below $2,608, targeting lower support levels.
Exit Points (Take Profit):
First Target: $2,586 (key demand zone).
Second Target: $2,550–$2,560 (lower Fibonacci zone).
Final Target: $2,520 (extended bearish target).
Invalidation:
A breakout above $2,665 with strong bullish momentum, invalidating the bearish thesis.
Key Indicators to Watch:
Volume Activity:
High selling volume near $2,655 would support the bearish scenario.
Increasing buying volume near support levels ($2,608–$2,616) favors the bullish outlook.
Descending Wedge Breakout:
A confirmed breakout above the wedge resistance signals a reversal and potential bullish continuation.
Fibonacci Channel:
Watch price action at Fibonacci levels for clues on potential reversals or continuation of trends.
Summary of Probable Entry & Exit Points:
Scenario Entry Zone Stop-Loss Target Levels
Bullish $2,608–$2,616 (Aggressive) or above $2,655 (Conservative) $2,600 $2,685, $2,708, $2,720
Bearish $2,655 (Aggressive) or below $2,608 (Conservative) $2,665 $2,586, $2,560, $2,520
Conclusion:
Bullish Outlook: If price sustains above $2,655, expect upside targets of $2,685 and $2,720.
Bearish Outlook: A failure to break $2,655 or a breakdown below $2,608 may lead to deeper corrections toward $2,586 or lower.
This analysis highlights key levels for trading opportunities while maintaining a clear risk-management approach.
EURUSD ANALYSIS REPORT FOR H4 TIME FRAMEThe chart provided is a 4-hour timeframe of EUR/USD with key technical elements highlighted, such as Fibonacci channels, resistance and support zones, and volume data. Here's a comprehensive analysis, detailing both bullish and bearish scenarios with potential entry and exit points.
________________________________________
Key Observations:
1. Downtrend Channel:
o The pair has been trading within a well-defined descending channel marked by red trendlines.
o Recent price action is showing attempts to break above the midline of the channel.
2. Support Zones:
o 1.0350–1.0400: Strong demand zone where buyers previously stepped in.
o 1.0450–1.0475: Current support level where price has bounced recently.
3. Resistance Zones:
o 1.0535–1.0550: Immediate resistance within the channel, as indicated by red shaded zones.
o 1.0640–1.0655: A higher resistance area aligning with the Fibonacci level and channel top.
o 1.0810–1.0830: Major resistance, representing a potential target for a bullish breakout.
4. Volume Analysis:
o Delta volume indicates higher selling pressure (-188.43%), suggesting hesitation for an immediate breakout. However, buying interest is noted near the recent lows.
5. Fibonacci Channels:
o Price is attempting to move toward the upper region of the channel and align with Fibonacci-based targets.
________________________________________
Bullish Scenario:
1. Conditions for a Bullish Move:
o Price must break above 1.0535–1.0550, overcoming the resistance within the descending channel.
o A sustained close above the channel would confirm bullish momentum.
2. Entry Points:
o Aggressive Entry: Buy near the current level (1.0470–1.0480) with a stop-loss below 1.0440, targeting resistance zones.
o Conservative Entry: Enter on a breakout above 1.0535 with a retest confirmation, targeting higher Fibonacci levels.
3. Exit Points (Take Profit):
o First Target: 1.0550 (immediate resistance).
o Second Target: 1.0640–1.0655 (Fibonacci channel top and horizontal resistance).
o Final Target: 1.0810–1.0830 (major resistance and extended target).
4. Invalidation:
o A break below 1.0440, signaling that the downtrend remains intact.
________________________________________
Bearish Scenario:
1. Conditions for a Bearish Move:
o Price must fail to break above 1.0535 or reverse near the resistance at 1.0550–1.0600.
o If the current support at 1.0470 breaks, further downside is expected.
2. Entry Points:
o Aggressive Entry: Short near 1.0535–1.0550 if price struggles to break above resistance. Stop-loss above 1.0570.
o Conservative Entry: Sell after a breakdown below 1.0450, targeting lower support zones.
3. Exit Points (Take Profit):
o First Target: 1.0400 (strong demand zone).
o Second Target: 1.0350 (historical support).
o Final Target: 1.0300–1.0280 (extended bearish target).
4. Invalidation:
o A break above 1.0570, signaling a potential bullish breakout.
________________________________________
Key Indicators to Watch:
1. Volume Activity:
o Increased buy volume near 1.0450 could confirm bullish pressure.
o Strong sell volume near resistance (1.0535–1.0550) would favor the bearish scenario.
2. Descending Channel Break:
o A breakout of the channel and sustained close above 1.0550 could shift the momentum to the upside.
3. Fibonacci Alignment:
o Watch how price interacts with the Fibonacci levels within the channel, as it provides targets for both bullish and bearish moves.
________________________________________
Summary of Probable Entry & Exit Points:
Scenario Entry Zone Stop-Loss Target Levels
Bullish 1.0470–1.0480 (Aggressive) or above 1.0535 (Conservative) 1.0440 1.0550, 1.0640, 1.0810
Bearish 1.0535–1.0550 (Aggressive) or below 1.0450 (Conservative) 1.0570 1.0400, 1.0350, 1.0300
________________________________________
Conclusion:
• Bullish Outlook: A breakout above 1.0535 could lead to a rally toward 1.0640 or even higher.
• Bearish Outlook: Failure to break resistance at 1.0535–1.0550 or a break below 1.0450 could resume the downtrend targeting 1.0350 or lower.
Traders should closely monitor price behavior around the 1.0535 resistance and 1.0450 support for directional clarity.
BEL's breakout above 306.45 INR signals bullish momentumAnalyzing Bharat Electronics Ltd (BEL) with Fibonacci retracement and trend-based Fibonacci time zones reveals intriguing insights.
The stock has shown a significant upward trend from March to June, peaking around 340.05 INR. The retracement levels are clearly defined, with key support at 240.75 INR (0.618 level) and resistance at 302.15 INR (0.236 level).
The recent price action breaking above 306.45 INR suggests a potential bullish continuation. The Fibonacci time zones indicate critical periods of price action, with notable movements around mid-July and late November.
This confluence of Fibonacci levels and time zones provides a robust framework for anticipating future price movements. Traders should watch for sustained momentum above 306.45 INR for potential long positions, while keeping an eye on support levels for risk management.
The volume spikes also indicate strong buying interest, adding further confidence to the bullish outlook. Stay tuned for more updates as we navigate these key levels!
Ethereum Price Action and Volume AnalysisThis chart presents a detailed technical analysis of Ethereum (ETH) against the U.S. Dollar (USD) on a 4-hour timeframe. Published on TradingView.com by the user "xauusdgoldfx1" on November 27, 2024, at 06:18 UTC, the chart indicates Ethereum's price at $3,417.5.
**Key Elements:**
1. **Candlestick Chart**:
- Displays Ethereum's price movement over time.
- Green candles indicate price increases, while red candles show price decreases.
2. **Volume Bars**:
- Positioned below the candlestick chart, these bars represent the trading volume for each 4-hour period.
3. **Indicators**:
- **Relative Strength Index (RSI)**: The first indicator, showing values of 40.28 and 12.48.
- **Volume**: The second indicator shows a volume-related metric with a value of 1.27M.
- **Additional Metrics**:
- Third indicator: Value of -1.46.
- Fourth indicator: Value of 0.51.
This chart is valuable for traders and investors analyzing Ethereum's price movements and trading volume to make informed trading decisions.
### Tags:
- #Ethereum
- #ETHUSD
- #TechnicalAnalysis
- #CandlestickChart
- #VolumeAnalysis
- #RSI
- #TradingSignals
- #CryptoTrading
- #FinancialMarkets
- #MarketAnalysis
Apple DOWN! Not Fruits or healthy food in MC DONALDS.We can see the selling volume some days ago, that was an important one, ¿WB?
Apple is retesting as the whole S&P seems to chop chop this quarter, remember that was going up when Crypto was Chopping.
Opened the short yesterday, with a tight SL just in case-
Let´s see.
Para pa pa pa Loving IT
GnonusdtHello, gnon currency analysis.. Very brief and useful. Everything in the picture shows that we can achieve our goals by breaking and stabilizing above the trend line. Don't forget risk and capital management, and all transactions are your responsibility.In addition, it may reach the final target of $2🤑
FILUSDT Long Setup Setting / Setup and SettingsBINANCE:FILUSDT
COINBASE:FILUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x 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: 5.56-5.78
⚡️TP:
6.00
6.20
6.40
6.69
🔴SL:
5.33
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
BSE - previous learnings applied to the current marketThis post highlights the previous strong uptrend in BSE, and the consolidation it led to.
The chart also indicates how it behaved during the consolidation phase.
Certain pointers:
i. The average maximum decline from peak in this period was of ~22-23%
ii. The price movement took resistances at the 8EMA when it tried rising during this period.
iii. The 20SMA and 50SMA were in a crisscross most of the time, not signaling any persistency during the period.
iv. The break-out from the resistance saw the price > 8EMA>20SMA>50SMA>200SMA
v. The strongest gap up of the consolidation period came at the very end on 8th Aug 2024, with a 6% gap up.
Currently, BSE had a strong uptrend from 16th Aug 2024 up to14 Oct 2024, with an ~89% rise.
The maximum decline it has seen from the peak is of ~20%.
The current resistance of its time (o.i.t) level is at approximately INR 5000. The break of this with other factors will mark the next strong uptrend.
SHORT signal PNUTUSDT by Max Profit
1h TF. On the BINANCE:PNUTUSDT chart, a cascade of liquidity levels has formed below the current price, where participants' stop-losses are likely placed. These levels can act as fuel for a downward impulse. At the extremes, there is a noticeable increase in seller volume, which further confirms the weakness of buyers.
A local false breakout above the range was observed, signaling insufficient buyer strength to sustain a breakout of key levels. The ongoing seller pressure increases the likelihood of a downward price move.
🔑 Technical Context
A liquidity cascade below the current price forms the foundation for a potential downward impulse.
Increased selling volume at price extremes reinforces the bearish scenario.
A false breakout of the upper range boundary highlights buyer weakness and confirms the bearish market sentiment.
🚩 Execution Strategy
Wait for the price to compress towards the nearest liquidity level.
On the 5-minute timeframe, look for the formation of a local consolidation zone.
Enter the trade at the moment of the support level breakout.
Place the stop-loss above the local consolidation zone to minimize risks.
📈 Recommendations
Entry Timing: Use the 5-minute timeframe to accurately identify the breakout moment.
Risk Management: Set stop-losses based on the local consolidation zone to minimize potential losses.
Volume Analysis: Monitor further increases in selling volume at key levels to confirm the downward impulse.
Conclusion
At this stage, BINANCE:PNUTUSDT shows strong potential for downward movement. Implementing a strategy based on liquidity cascade breakouts and intensifying seller pressure allows for effective use of the current market conditions.
AVAXUSDT: Growth Potential Within an Ascending Channel
BINANCE:AVAXUSDT is showing confident movement within an ascending channel, indicating a strong bullish trend. The current price is 40.337 USDT , with nearby support and resistance levels offering excellent opportunities for trading with high profit potential.
The chart highlights key levels, including volume zones, making this asset particularly appealing for both beginner traders and experienced market participants.
🔑 Key Levels
Support:
37.092 USDT – the lower boundary of the channel where buyers actively defend positions.
37.673 USDT – a short-term support zone during local corrections.
Resistance:
40.489 USDT – the current resistance level being tested by the price.
49.427 USDT – the upper boundary of the channel, serving as the target for bullish movement.
These levels play a crucial role in position management and planning trade entries and exits.
🚩 Trade Setup
The chart shows increased trading volume accompanying the price's upward movement. This confirms buyer activity and strengthens the likelihood of further growth.
Entry Point: Consider opening a long position upon a breakout above 40.489 USDT .
Stop-Loss: Set a protective stop order below 37.092 USDT to limit potential losses.
Take-Profit Targets:
43.500 USDT – the first target where partial profit-taking is recommended.
46.800 USDT – an intermediate target for securing the majority of the position.
49.427 USDT – the final target at the upper boundary of the channel.
📈 Technical Analysis Context
The price is currently in the middle of the ascending channel, suggesting the possibility of both further growth and short-term corrections.
Increasing volume in support and resistance zones enhances the reliability of these levels.
A breakout above 40.489 USDT could signal the start of a new bullish impulse.
💡 Trader Recommendations
Utilize volume analysis: Rising volumes at key levels confirm their significance.
Watch for breakouts: If the price consolidates above resistance, expect an acceleration in growth.
Plan positions in advance: Set take-profit and stop-loss orders beforehand for effective risk management.
Analyze dynamically: Use timeframes (1H and 4H) to get a complete market picture.
Conclusion
BINANCE:AVAXUSDT offers unique trading opportunities thanks to its clearly defined ascending channel and significant volume activity. Use the presented levels and recommendations to optimize risk management and maximize profits.
BBAI the next AI penny stock to explode?Having just broken out of an ascending triangle as resistance level on high volume as the stock is getting more attention and money is pouring in. All breakouts can still be tested and there will be retracement to support levels. The downward trendline coincides with a considerable resistance level at around $3.58, which means powerful upside action if it breaks through. This is the only area that should be monitored closely on the longer timeframe as it is can cause a large retracement or a quick rise. Given the previous price pumps the stock has shown it can move at a very rapid pace.
Looks like we are currently still in accumulation phase but with very positive signals and fundamentals such as a 150M+ government contract and a sizable revenue pipeline and market cap, buzz is increasing and investors are starting to notice. This is not a penny stock to ignore.
Bullish.
Trade safe.
BTC Huge Gap!!! We going back to 75k?Hey guys!
Congrats all with BTC ATH and recent profits, I was not commenting the situation, because it was pretty clear, and we all know what was happening.
But also, as we know, even in the bull cycle have to be corrections and consolidations.
So here at the futures chart, we can see a huge gap around the healthy correction possible zone (max to 30%). Also, we have RSI oversold for sure and descending volumes.
Plus, in December there were no promises about decreasing US Interest rate, so possibly December can end up in this correction phase.
What's your thoughts about when and how much we could go? Let's chat in the comments =)
Roblox Rallied. Now it’s Pulled BackRoblox jumped to a two-year high earlier this month. Now some traders may see an opportunity in its latest pullback.
The first pattern on today’s chart is the bullish gap on October 31 after earnings and revenue beat estimates.
That rally pushed the video-game stock above its September 25 high (also near several peaks since October 2022). Last week, prices returned to test and hold that level. Has old resistance become new support?
Next, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA in August. That may suggest RBLX’s long-term trend has shifted higher.
Finally, heavy volume days on October 8 and October 31 may reflect demand for the stock.
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LOGC - more linesNothing special, just an updated view of this chart (Daily).
Log scale used
Yellow lines are anchored VWAP
Volume Profile on the left with 70% value area lines, purple is POC
Some trendlines.
As you can see it took a while for the price to leave that big channel (red trendline)
Notice volume bars since it left the big channel, the big ones are located between 5 to 7$ , which make reflect some big money interest in this price area, but who knows what are their intentions.
Trade carefully !
USD/JPY rejection of lower prices On USD/JPY , it's nice to see a strong buying reaction at the price of 153.790.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
Fair Volume Gap (FVG) and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
GBP/USD continues the downtrendOn GBP/USD , it's nice to see a strong sell-off from the price of 1.26350. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
Downtrend and high volume cluster are the main reasons for my decision to go short on this trade.
Happy trading,
Dale
Trade Analysis: Long #DOGSUSDT
Overview
BINANCE:DOGSUSDT.P is currently showing promising signs of upward movement, supported by increasing buyer volumes and favorable order flow. With its low correlation to Bitcoin, it stands as an active instrument in the current market.
Setup Details
Entry Point: $0.0007765
Stop Loss: $0.0007172
Take Profits:
TP1: $0.0008245
TP2: $0.0008795
TP3: $0.0009573
Technical Background
A cascade of liquidity levels above the current price will serve as fuel for a bullish breakout.
A false breakout from the channel reflects seller weakness, confirming a bullish bias.
Execution Strategy
Anticipate a price squeeze toward the level, followed by local consolidation on lower timeframes (e.g., 5-minute). Enter on breakout confirmation and place a stop-loss behind the range to minimize risk.
Key Takeaways
This trade is set up for a short-term breakout, with risk parameters clearly defined. Always ensure proper risk management before entering any position.