Whether to challenge the ATH is the point of interest
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-------------------------------------
(BTCUSDT 1D chart)
It is showing an upward breakout of the 1st section.
Accordingly, the key is whether the price can be maintained above the 68393.48-69031.99 section and rise to around 71280.01.
If it shows a sharp rise, it is expected to touch around 73000.0.
If it rises above 70148.34, the StochRSI indicator is expected to rise to around 50, so you should be careful about volatility.
---------------------------------------
(BTCUSDT.P 1h chart)
When viewed with the Linear Regression Channel indicator that automatically draws parallel channels, it shows an upward breakout of the upper part of the channel.
Accordingly, when entering the channel, we need to check at what point support and resistance will be shown.
Currently, it is expected to check whether support is found by touching the 69020.1-69332.4 section or the 70168.8-70320.3 section.
The 5EMA of the 1D chart is rising to around 68447.9.
The next volatility is likely to occur when touching the 5EMA of the 1D chart.
If it touches the 70168.8-70320.3 section and falls, the 68447.9 point is expected to be the liquidation point.
-
Have a good time. Thank you.
--------------------------------------------------
- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Oscillators
Important volume profile section: 5.163
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-------------------------------------
(BTC.D 1M chart)
I think that in order for the altcoin bull market to start, BTC dominance must fall below 55.01 and be maintained or continue to fall.
If BTC dominance rises above 62.47, I think that altcoins are likely to show a sharp decline or plunge.
Accordingly, I think that now is not the time to trade altcoins.
To trade altcoins, you need to respond quickly and briefly.
----------------------------------------
(RUNEUSDT.P 1M chart)
Since a volume profile section has been formed around 5.163, the point to watch is whether it can receive support and rise around 5.163.
-
(1W chart)
In the 4.404-5163 section, the M-Signal of the 1W chart > the M-Signal of the 1M chart, showing signs of transitioning to a regular array.
Accordingly, whether there is support around 4.404-5.163 is an important issue.
-
Based on the current price position, since the HA-High indicator of the 1W chart is formed at the 7.683 point, I think that it is highly likely that a full-fledged uptrend (stepwise uptrend) will begin if the price rises above 7.683 and maintains its level.
-
(1D chart)
The point of interest is whether it can receive support near 5.421 and rise above 6.605.
If it falls below the 5.050-5.218 range, you should check for support near 4.404.
-
Since the StochRSi indicator is located near the 50 point, there is a high possibility of volatility.
Therefore, you should check for support and decide when to trade.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Platinum - Daily Resistance Zone - Bearish Divergence CAPITALCOM:PLATINUM has reached a daily resistance zone and currently slowing down the bullish momentum since the support trend line is broken! Additionally, bearish divergence is also present on the chart and price action indicates incoming bearish momentum since the HL on 4 hr has been broken and retested!
Cardano (ADA) 70% macro correction to 15 cents?On the “Alt-coin market preparing for a 10x move” idea from July 2023 (below) it was written:
“A word of warning. The uptrend will not be equal across all alt-tokens, I'm quite certain of that. Throwing a wide net out across the market will not work as in 2017, you've got to be selective.”
Legacy token holders are slowly coming to the realisation this was not hyperbole. LTC, MATIC, ALGO, you name it, legacy tokens are underperforming. ADA is now added to the list of tokens set to show significant underperformance for the remainder of this bull market.
On the above weekly chart ADA price action has confirmed significant negative divergence across 8 oscillators as measured over a 2 month period. Just as it was in March 2021. Look left!!
In addition to the divergence price action has confirmed legacy support as resistance. It does not get much more bearish than this. But it does… The ADA / Bitcoin ratio..
The ADA.btc pair has confirmed resistance following a confirmed break of market structure. This is not indicative of other tokens currently over performing in the space.
Is it possible price action see higher highs? For sure.
Is it probable? No.
Ww
Alt-coin market preparing for a 10x move
ADA.btc monthly
EUR/AUD bounce delivers good news for bullsEUR/AUD closed above the 50-day moving average on Friday after a successful break of 1.6318.
After opening Monday marginally higher, the price pushed lower to retest 1.6318 before bouncing strongly towards the European open, providing the framework for the bullish setup.
It’s not appealing from a risk-reward perspective to buy around these levels with the 200-day moving average in close proximity, so my preference is to wait for a potential pullback towards the 50-day moving average, providing a better entry level while allowing for a stop to be placed below 1.6318 for protection.
The 200-day moving average would be the initial trade target. If the price were to trade through that level, 1.6450 would be the next potential target.
With MACD and RSI (14) providing bullish signals on momentum, the preference remains to buy dips and breaks rather than selling rallies.
Good luck!
DS
Why Smart Money is BEGGING for a Bitcoin Dip (Technical Analysis📈 Why Smart Money is BEGGING for a Bitcoin Dip (Technical Analysis)
MAC Strategy: Your Dip-Buying Blueprint
Monthly and weekly Moving Average Channel indicators are bullish. Here's your shopping list:
- Weekly MAC support: $59,234
- Monthly MAC support: $55,943
These aren't dips - they're gifts. When Bitcoin touches these levels, smart money moves fast.
Ducks in a Barrel Strategy Says "Load Up"
Weekly timeframe say we want to buy the dip. :
- 39 & 52 week MAs trending up and pulling away from each other (bullish momentum)
- Strong uptrend intact in spite of the several months of consolidation..
Perfect storm setup for Ducks in a Barrel:
1. Bitcoin undervalued vs gold/treasuries
2. Stochastic hits oversold at the same time
If you see a Bitcoin dip, REMEMBER: Dips are Gifts.
Stop Missing These Setups
I'll be honest - finding and catching these dips isn't rocket science, but timing is everything. Ready to level up?
- Learn how to implement rules based & non-discretionary trading to become profitable
- Learn to interpret the Commitment of Traders data to gain a major edge in the markets
- Join live market analysis sessions
- Learn my exact entry triggers
- Master risk management
DM me for more information. Serious traders only.
Trading Disclaimer
TRADING CRYPTOCURRENCIES INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. Past performance is not indicative of future results. The information provided in this analysis is for educational purposes only and should not be considered financial advice. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change without notice. I am not a licensed financial advisor. All trading decisions and consequences are your responsibility.
The key is whether it can rise above the 1st section
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-------------------------------------
(BTCUSDT 1W chart)
When a new candle is created, you should check whether there is support near 68393.48.
And you should also check what movement the StochRSI indicator will show.
From the current position, the important support and resistance sections are
- 68393.48-71280.01
- 65602.01-65920.0
- 61099.25
The three sections above.
If the price is maintained above the HA-HIgh indicator, a full-scale uptrend (stepwise uptrend) is likely to begin.
However, it is important how the BW (100) indicator section, 68393.48-71280.01 section, is broken upward.
-
(1D chart)
Therefore, the key is whether the price can be maintained by breaking upward through the first section, 68393.48-69031.99 section.
If not, you should check for support near 65920.71-67414.39.
Since the HA-High indicator on the 1D chart is formed at the 67414.39 point, the point to watch is whether it can receive support near 67414.39 and rise.
-
The StochRSI indicator is showing signs of turning upward.
However, it has not yet risen from the overbought zone, and StochRSI < StochRSI EMA.
Therefore, when a new candle is created, you should check how the StochRSI indicator appears.
When the StochRSI indicator falls below 50, the decline is interpreted as a strong decline, but eventually you will find the time to buy.
Therefore, when the StochRSI indicator is below 50, it is recommended to create a trading strategy from a buy (LONG) perspective.
If you trade from a sell (SHORT) perspective, you need to respond quickly and briefly.
The StochRSI indicator is not an all-purpose indicator, but it allows you to know the timing of response and the intensity of the wave to some extent.
Therefore, if you use the StochRSI indicator, you will have less conflict about whether to go up or down right now.
In addition, since you are more likely to trade in the direction of the trend, you will be able to reduce the number of times you cut your loss.
-
Due to the changes in the chart, the next volatility period is likely to start around November 4th.
So, let's check the overall flow when the new month starts.
---------------------------------------------------
If you use the Linear Regression Channel indicator in TradingView indicators, it will automatically draw a parallel channel according to the current price position.
You can set the indicator settings to suit you.
However, the recommended settings are 50 (Length), ohlc4 (Source).
I think that chart tools such as trend lines, channels, and Fibonacci are tools for chart analysis.
Therefore, I do not recommend using chart tools to create trading strategies.
In order to create a trading strategy, you must have support and resistance points drawn on the 1M, 1W, and 1D charts.
If you have drawn support and resistance points, you can create a trading strategy by checking whether there is support at the support and resistance points by referring to the analysis with the chart tool.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Deutsche Bank AG to 21 EuroDespite the chaos with Credit Suisse European banks in General are printing some excellent setups. What is the reason for this? No idea.
On the above 2-month chart:
1) A strong buy signal (not shown) prints with price action breakout from resistance that has been active since 2007.
2) Regular bullish divergence. No less than eight oscillators this time. Four to five oscillators printing on this time frame is incredibly powerful but eight?!
3) Inverse head and shoulders pattern. Confirmation is price action closing above 10.50 and staying there or above for a week or two. On confirmation a target of 21 euro should be expected.
4) The yellow line is the 21/2-month EMA. Notice the first attempt to hold as support has failed? (Orange arrow). This was the first attempt to hold as support since July 2005. Confirmation of support is price action at 10.50 and above by the month of May.
5) Almost EVERY idea on tradingview is 'short' / Bearish! Ww is the 5%. What in?
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: Investment
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 110%
Stop loss: 7.20
Natural Gas is Ready For a Commercially Driven Bull MoveNatural gas is nicely setup for longs if we get a confirmed bullish trend change on the daily.
-Extreme commercial long positioning (most long they've been in the last 3 years) - bullish.
-Investment advisor sentiment very bearish - which is actually bullish.
-Undervalued vs gold & treasuries - bullish.
-ADX under 40 while commercials got extremely long - bullish.
-Bullish spread divergence between front month and next month out - bullish.
-Small specs at extreme in short positioning - bullish.
-True seasonal & some cycles are not supportive of going long, but these are the last things I look at. Enough indicators are supporting longs that I'm not going to worry about this.
-Bullish momentum divergence has triggered on some high timeframes, implying much higher prices are on the cards for Natty. There is also some smaller bullish weekly divergence currently setup (but not confirmed).
Have a good week.
COT Analysis - Currencies - DXY 6E & 6M SET UP FOR TRADES!COT analysis shows that the Euro and Mexican peso are nicely setup for longs upon a confirmation of bullish trend change on the daily. The only "fly in the ointment" here is that the DXY commercial positioning is still very bullish, which is a bit of a mixed signal. Ideally, we like to see the DXY & majors give opposing signals simultaneously.
That being said, 6E & 6M are nicely setup for longs upon a confirmed daily bullish trend change.
Have a good week.
Genus Power Infra: Bullish Breakout – Buy now for higher targets🔍 Technical Analysis: NSE:GENUSPOWER (NSE: GENUSPOWER)
1️⃣ Overview:
📈 Current Market Price (CMP): ₹430.15 (+2.26%)
🗓️ Date & Time: As of 15:25 (UTC+5:30)
🕹️ Chart Analysis: Daily (1D)
2️⃣ Technical Indicators Overview:
📊 Moving Averages:
🟢 50-Day EMA: ₹399.89, currently acting as a support zone.
🔵 200-Day EMA: ₹332.71, indicating the longer-term trend remains positive.
📦 Volume Profile: Strong demand visible between ₹360-₹380, suggesting robust buying interest at lower levels.
📈 MACD: Bullish crossover with the MACD line above the signal line, implying momentum is still positive.
MACD Line: 3.76
Signal Line: 1.04
Histogram: 📈 Positive, indicating rising momentum.
📉 Williams %R (14): At -5.59, signaling overbought conditions, which might result in a short-term pullback.
💹 Stochastic RSI (14, 3): At 100, indicating strong bullish momentum, though caution is advised as overbought zones can precede minor corrections.
🟣 Parabolic SAR: Positioned below the price, supporting the ongoing uptrend.
3️⃣ Fibonacci Retracement Levels:
The stock is retracing from the swing high of ₹451.55 to the swing low of ₹351.05.
📐 38.2% Retracement: ₹399.30 – Strong support.
📐 50% Retracement: ₹414.05 – Intermediate resistance.
📐 61.8% Retracement: ₹428.80 – Currently breached, signaling bullish strength.
📐 78.6% Retracement: ₹442.80 – Next resistance level to watch .
4️⃣ Rationale for Buy:
🚀 Breakout above 61.8% Fibonacci Level: The breach above ₹428.80 indicates a potential continuation of the upward move.
🔥 Bullish Momentum: MACD crossover, Stochastic RSI in overbought territory, and Parabolic SAR below the price all point to a continuation of the bullish trend.
📈 Volume Surge: Increased volume activity supports the bullish move, suggesting robust buying interest.
📦 Demand Zone: The significant demand between ₹360-₹380 acts as a strong base, providing a good risk-reward opportunity for entry.
5️⃣ Recommendation:
🔔 Action: Buy
🎯 Target 1: ₹442.80 (78.6% Fibonacci Level)
🎯 Target 2: ₹451.55 (Recent Swing High)
🛑 Stop Loss: ₹414.05 (50% Fibonacci Level) to protect against downside risk.
6️⃣ Risk Management:
📥 Entry Strategy: Consider entering near the current price or on minor pullbacks towards the 61.8% retracement level (₹428.80).
⚖️ Risk-to-Reward Ratio: The trade setup offers a favorable risk-to-reward ratio of at least 1:2 based on defined targets and stop-loss levels.
⚠️ Disclaimer:
This analysis is based on technical indicators and market patterns and is intended for educational purposes. Market conditions may change, and this is not investment advice. Please conduct your own research or consult a financial advisor before making trading decisions.
#GenusPower 🚀 #TechnicalAnalysis 📊 #StockMarket 📈 #FibonacciLevels 📐 #SwingTrading 💹 #MACD 🔵 #StochasticRSI 💠 #VolumeProfile 📦 #BuyRecommendation 🛒 #IndianStocks 🇮🇳 #NSE 📉 #FinogentSolutions 💼
The key is whether it can rise after forming a short-term bottom
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-------------------------------------
(AVAXUSDT.P 1D chart)
An arrow appears for the BW (0) indicator.
Accordingly, it can be interpreted that the possibility of forming a bottom section has increased.
Looking at the previous past movements, we can see that there is a possibility of an additional downtrend.
Therefore, the key point is whether there is support around 19.527-21.409.
When the BW (0) line is formed, the point to watch is whether it can receive support around that area and rise above 27287-29.277.
If you look at the big picture, you can see how important the current section is.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
The real uptrend is expected to start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Box range: 2281.87-2706.15
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If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
-------------------------------------
(ETHUSDT 1D chart)
Unlike BTC, it looks so weak.
One of the reasons is that it has fallen below the long-term moving average, that is, the M-Signal indicator on the 1M chart.
In other words, I think that the uptrend is likely to start only when the price is maintained above the M-Signal indicator on the 1M chart.
To do that, the price needs to rise above 2629.79-2706.15 and maintain it.
If not,
1st: 2281.87-2359.35
2nd: 2118.67
We need to check whether there is support near the 1st and 2nd above.
It seems that it is forming a box section at first glance, so the point to watch is which direction it deviates from this box section.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that a full-scale uptrend will start when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Second section is an attractive buy section (confirm support)
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If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart)
It seems to have met resistance in the 68393.48-69031.99 section and fallen below 67414.39.
Accordingly, we need to check for support near 67414.39.
If it meets resistance at 67414.39 and falls, we need to check for support near 65602.01-65920.71.
-
BW (50) is showing signs of being newly created at 66668.65.
Accordingly, the key is whether BW (50) can be supported near the newly created point and rise above 67414.39.
-
Since the StochRSI indicator has currently entered the oversold zone, the decline is strong.
Therefore, if it fails to maintain the price by rising above 67414.39, it is likely that an additional decline will occur and it is recommended to consider a countermeasure.
When the StochRSI indicator rises above the oversold zone and maintains the state of StochRSI > StochRSI EMA, the upward trend is likely to begin.
Therefore, the 2nd zone (65920.71-67414.39) is an important support and resistance zone.
In addition, since the M-Signal indicator on the 1D chart is passing the 65920.71-67414.39 zone, it is even more important.
-
Checking for support is a difficult and tedious task.
Therefore, it is also good to refer to the location of the StochRSI indicator or BW indicator to help confirm the direction when checking whether there is support.
I think that you can create a much better response plan than drawing a trend line and checking whether it goes up or breaks away from it.
Trend lines are used for chart analysis, but they are not very helpful in conducting actual trading.
The reason is that they are made of diagonal lines.
Therefore, I think that it is good to use trend lines in combination with support and resistance points drawn on 1M, 1W, and 1D charts to confirm the period of volatility.
Since a pattern is meaningful when it is completed, you should not try to think in terms of fitting it into a pattern.
-
After all, the purpose of everything displayed on a chart should be to conduct trading.
Therefore, you should check what kind of movement is shown at the support and resistance points drawn on the chart and trade accordingly to make a profit.
Since the StochRSI indicator has currently fallen below 50, we should look at the chart with the purpose of finding a time to buy.
For that purpose, the 2nd section (65920.71-67414.39) is an attractive buying section.
If it falls in the 2nd section, the next buying section is likely to be 61099.25-62791.03.
The reason for this is that the M-Signal indicator on the 1W chart is passing around 62791.03.
-
Therefore, we should know how to wait when we wait, and when it is time to start trading, we should start trading boldly.
I think it is time to wait because it is still confirming support and resistance.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points.
We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
-----------------
Oil's Well That Ends Well: Riding the Wave "OIL"Oil's technical picture is looking increasingly bullish. A recent bounce off a key support level has formed a compelling inverted head-and-shoulders pattern on lower timeframes. This classic reversal signal, combined with a series of higher highs in recent weeks, points to a strong uptrend in progress. According to my Elliott Wave analysis, we are currently in the impulsive phase, heading towards the 5th wave target of $75.00. This confluence of technical indicators suggests that oil is poised for further gains.