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GOLDEN STAR|Important demand areas for entering sales orders.Here we currently have support from which we have seen upward scalp reactions. -One point that we should consider is that the selling pressure is more on gold at the moment. Because of this sales transactions can have a higher winning percentage. -To enter sell orders, we should consider the supply areas around the price of 2068 and the price area of 2074, of course, with proper confirmation. If we want to say the important areas for entering into buying transactions, the price areas of 2048 and 2033 are valid areas for buying transactions.
OANDA:XAUUSDShort
by Golden_Star1994
BTC Market Update 12/30/2023BINANCE:BTCUSDT Bitcoin has recently seen a deceleration in the mid-$40,000 range, encountering resistance levels between $43,000 and $44,000 on both a weekly and daily basis. From a technical standpoint, surpassing this resistance zone is crucial for supporting a bullish continuation. Currently, the market is facing challenges in overcoming these levels. To approach this situation cautiously, a positive sign of momentum would be a weekly close above $44,100. Alternatively, a more assertive stance requires a daily close above $43,900, indicating strength in the short-term trend. Traders focusing on technical pullbacks to support levels should consider $37,000 as the earliest significant pullback level on the daily chart. However, this may be deemed an aggressive entry point. Beyond technical analysis, a pivotal factor is the imminent decision on the spot ETF, expected in early January. This event has the potential to significantly influence market dynamics, and we anticipate it to be a "sell-the-news" occurrence that bottoms shortly before a surge towards the halving. Prudent trading strategies involve either maintaining a long position from a lower entry point while anticipating volatility around the ETF announcement or adopting a wait-and-see approach until the aftermath of the ETF decision becomes clear.
by TheArabianWhale
1
EUR/USD ⬆️ Long Trade Setup ⬆️Hello Everyone 🙋🏽‍♂️ Waiting to hot the resistance price 💲 Entry Point : 1.10989 🟢 TP 1.12763 🔴 SL 1.10139 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Long
by EMA_Trading
STRAX: Building Momentum for a Breakout! 🚀💹Introduction: 🌐 STRAX is under the spotlight as the trader strategically accumulates for potential gains! The coin has been consolidating within the historical resistance zone of $1.19 - $1.27 for the past two months. With substantial accumulation and significant volumes, the trader anticipates an impending breakout, projecting bullish momentum in the coming weeks. Trade Plan: ✅ The trader has acquired a mid-term position on STRAX, observing the coin's consolidation near the historical resistance zone. The accumulation phase, coupled with substantial volumes, fuels the expectation of an impulsive breakout and subsequent upward movement. Technical Analysis: 📊 Examining the chart, STRAX has been approaching the historical resistance zone of $1.19 - $1.27 for an extended period. The trader identifies the impressive accumulation and substantial volumes, signaling a potential breakout. The anticipated breakout is expected to initiate a sustained upward trajectory. Risk Management: 🚨 To manage risks, the trader suggests placing a stop, at the discretion of the investor, at approximately $0.897. Targets: 🚀 The trader has marked potential targets on the chart, providing a visual roadmap for prospective gains. Conclusion: 🌟 STRAX beckons traders to join the momentum-building phase as it eyes a breakout from the historical resistance zone. With strategic accumulation, substantial volumes, and outlined targets, the trader anticipates a bullish surge in the coming weeks. Prepare for potential gains with STRAX! 💹🚀
S
by RICHI_CRYPTO_SIGNAL
BIGTIME Speculative Play: Riding the Waves of Wave Structure! 🌊Introduction: 🌐 Brace yourself for a speculative journey with BIGTIME! The trader is eyeing potential opportunities as the coin forms a wave structure, currently undergoing a correction in the fourth major wave. Let's dive into the details of this speculative play. Trade Plan: ✅ The trader plans to speculatively accumulate BIGTIME, perceiving the coin's formation of a wave structure and correction in the fourth major wave. The anticipated decisive turnaround is expected around the $0.472 level, marked by the 0.618 Fibonacci retracement. Technical Analysis: 📊 Analyzing the chart, BIGTIME appears to be in the process of forming a wave structure, currently undergoing correction in the fourth major wave. The trader identifies the $0.472 level, corresponding to the 0.618 Fibonacci retracement, as the potential point for a conclusive reversal and the initiation of the fifth impulsive wave. Risk Management: 🚨 Acknowledging the speculative nature of the trade, the trader suggests placing a stop at approximately $0.399 (below the moving average). This measure aims to mitigate risks associated with the speculative play. Targets: 🚀 The trader has outlined potential targets on the chart, providing a visual guide for prospective gains. Entry into the trade will be executed through a single limit order. Conclusion: 🌟 BIGTIME beckons speculative traders to ride the waves of its evolving structure. With a strategic entry around $0.472 and risk management in place, this play aims to capture potential gains as the coin moves towards the fifth impulsive wave. Get ready for a speculative adventure with BIGTIME! 💹🚀
by RICHI_CRYPTO_SIGNAL
UNFIUSDT: Riding the Trend Waves with a Long Position! 🚀💹Introduction: 🌐 Uniswap (UNFI) enthusiasts are gearing up for a potential bullish ride! The trader has initiated a long position from $7.837, with a stop-loss set at $7.792. Let's delve into the details of this trade on the 30-minute timeframe. Trade Details: 💰 The long position (#UNFIUSDT) takes off from $7.837, secured by a stop-loss at $7.792. The decision is supported by the coin forming distinct local resistance levels, marked by clear touches and the accumulation of participant stops. The compression along the trendline indicates the presence of limit buyers keen on updating the highs. Technical Analysis: 📊 Zooming into the 30-minute timeframe, UNFI has shaped several local resistance levels with evident touches and the stacking of stops. The compression along the trendline signals the presence of limit buyers, indicating interest in pushing for new highs. Expectations and Strategy: 🎯 The trader contemplates a gradual approach, navigating along the levels and increasing trading volumes ahead of the breakthrough. Trade Target: 🚀 The primary goal is to ride the trend waves, capitalizing on the compression along the trendline and achieving potential profits as UNFI aims for new highs. Conclusion: 🌟 UNFIUSDT invites traders to join the journey of potential gains. Prepare for a bullish ride, watch for compression along the trendline, and get ready to surf the waves of upward momentum! 🚀💹
U
by RICHI_CRYPTO_SIGNAL
2
DYDX: Navigating the Market Zig-Zag for Potential Gains! 🔄💹Introduction: 🌐 The DYDX market has thrown a curveball, initiating a correction in the form of a zig-zag pattern during the fourth wave. Despite this deviation, the underlying outlook remains intact. The spot position (provided link) is being maintained, with a minimum target set at $5. Technical Adjustment: 🔄 The market has introduced a corrective zig-zag pattern during the fourth wave, a deviation from the initial expectations. However, the essential trajectory and potential gains remain unchanged. Spot Position: ⚡ The spot position (as per the provided link) continues to be upheld by the trader, demonstrating confidence in the overall bullish outlook. The minimum target for this position is set at $5. Conclusion: 🚀 DYDX enthusiasts are encouraged to stay attuned to market developments. Despite the zig-zag correction, the essential trajectory remains bullish. The spot position, with a minimum target of $5, signifies the trader's confidence in potential gains. Stay informed for further updates as the market journey unfolds! 💹🌟
by RICHI_CRYPTO_SIGNAL
SOL Analysis: Navigating the $100 Milestone! 🚀💯Introduction: 🌐 Solana (SOL) has made an impressive journey, surging beyond the crucial $78 resistance and reaching the psychological milestone of $100. While breaching $100 remains a challenge due to profit-taking expectations, the analyst anticipates potential pullbacks from this level. Key Levels: ❗️ The immediate focus is on solidifying above $80, ensuring a sustained upward bias. Maintaining this level is crucial for preserving the bullish outlook. Despite the struggle to breach $100, pullbacks are expected, given the profit-taking sentiment among many traders. Short-Term Outlook: ⚠️ The primary goal is to establish SOL comfortably above $80, and ideally, surpassing $100. This strategy aims to secure an ascending priority, setting the stage for continued growth once profit-taking subsides. Medium-Term Targets: 🎯 With a successful breach of $100, the analyst eyes medium-term targets at $120 and $140. These milestones appear achievable in the coming months, given the current positive trend. Conclusion: 🚀 Solana enthusiasts are advised to closely monitor SOL's price action. The immediate focus is on consolidation above $80, with an optimistic outlook for breaching $100. As profit-taking stabilizes, the trajectory points towards $120 and $140 in the medium term. Stay tuned for further developments! 💹🌟
by RICHI_CRYPTO_SIGNAL
BTC Analysis (22.12): Bullish Flag Signals a Surge Towards $45-4Introduction: 🌐 Bitcoin (BTC) is painting a promising picture on the 4-hour chart with the formation of a "bullish flag" right above the breached resistance zone and below the -27% Fibonacci level. A breakout above the flag's upper boundary is anticipated to initiate a rally towards $45-46K. Technical Analysis: 📊 The 4-hour chart showcases the development of bullish patterns, breakthroughs of crucial resistances, and compression leading towards potential bullish movements. The overall market sentiment is positive, with special mention of SOL, achieving the significant psychological mark of $100. BTC ETF Approval Expectations: ⚠️ The anticipation of spot BTC-ETF approval early next year adds to the positive market outlook. This expectation, coupled with the formation of bullish patterns, contributes to the upward momentum, particularly in altcoins as BTC dominance locally declines. Trade Scenario: ❗️ With a bullish flag in play, the analyst expects a breakout beyond $44K, paving the way for an ascent towards $45-46K. In the best-case scenario, a surge towards $48-50K is deemed plausible. These figures appear realistic, especially considering the positive ETF-related news. Conclusion: 🚀 Bitcoin is gearing up for a potential surge, with the formation of bullish patterns and positive market factors. Traders are advised to watch for the breakout beyond $44K, setting the stage for an exciting journey towards $45-46K and beyond. Stay tuned for further updates as the market dynamics unfold! 💹🌟
by RICHI_CRYPTO_SIGNAL
ETH: Breaking Boundaries and Soaring High! 🚀💹Introduction: 🌐 Ethereum (ETH) is breaking free from the confines of a descending channel, signaling a pattern of continued upward momentum. Traders are eyeing a potential long entry, with the option to wait for a retest and bounce. Let's delve into the details of this exciting scenario. Trade Details: 💰 Long enthusiasts are entering the scene, considering positions at ~$2300 - $2240 - $2200. The strategy aligns with the breakout scenario (as per the provided link) or opting to wait for a retest for a bounce. Technical Analysis: 📊 Ethereum's price has breached the upper boundary of a descending channel, indicating a pattern conducive to sustained upward movement. The potential long entry points offer traders flexibility, either entering immediately upon the breakout or waiting for a retest. Expectations and Targets: 🎯 Traders eye ambitious targets of $2340 - $2370 - $2400 - $2450 - $2500 as Ethereum ventures into a potentially robust bullish phase. Stop-Loss: 👎 To mitigate risks, a stop-loss is set at $2150, safeguarding traders from unexpected market fluctuations. Conclusion: 🚀 Ethereum invites traders to ride the wave of upward momentum. Whether you enter immediately or patiently wait for a retest, prepare for an exhilarating journey as ETH aims for new heights! 💹🌟
Long
by RICHI_CRYPTO_SIGNAL
ICPUSDT: Ascending to New Heights! 🚀💹Introduction: 🌐 Brace yourselves for an exciting ascent in the crypto sky with ICPUSDT! Traders are gearing up for a long position from $11, as the price approaches a compelling level. Let's unravel the details of this potentially rewarding trade. Trade Details: 💰 The long position (#ICPUSDT) takes flight from $11, safeguarded by a stop-loss at $10.93. The rationale behind this move is the price approaching a fascinating level, amidst a confident ascending structure, backed by trading volumes and notable buyer activity. Technical Analysis: 📊 Navigating the 1-hour timeframe, ICPUSDT is steadily approaching a significant price level of $11. The ascending structure remains robust, marked by trading volumes and evident buyer activity. Upon reaching the designated peak, traders are advised to await the formation of consolidation before initiating a breakout. Expectations and Strategy: 🎯 The trader anticipates potential gains of approximately 9%, emphasizing the need to patiently wait for consolidation post the designated peak and subsequently capitalize on the breakout. Trade Target: 🚀 The primary goal is to ride the confident ascending structure, unlocking potential profits as the price ascends to new heights. Conclusion: 🌟 ICPUSDT invites traders to ascend to new heights in this promising trade. Prepare for a journey of potential profits, exercise patience during consolidation, and get ready to ride the crypto waves to new heights! 💹🚀
Long
by RICHI_CRYPTO_SIGNAL
ICPUSDT: Navigating the Correction Waves with a Short Sail! 📉⛵Introduction: 🌐 Brace yourselves for a turbulent ride in the crypto seas with ICPUSDT! Traders are embarking on a short position from $9.073, navigating through recent active growth and identifying a descending structure. Let's delve into the details of this bearish journey. Trade Details: 💰 The short position (#ICPUSDT) sets sail from $9.073, anchored with a stop-loss at $9.122. The rationale behind this move lies in the recent active growth leading to a corrective phase, forming a descending structure that signals the strength of sellers and weakness of buyers with declining trading volumes. Technical Analysis: 📊 Zooming into the 30-minute timeframe, ICPUSDT is undergoing a correction after recent active growth, forming a descending structure that points to the strength of sellers and the weakness of buyers with a decline in trading volumes. The price compression along the trend is approaching a support level, validated multiple times and holding unrealized liquidity. Expectations and Strategy: 🎯 The trader contemplates a gradual approach with consolidation around the support level, anticipating an impulsive breakthrough with increased activity in the order book. Trade Target: 📉 The primary goal is to capitalize on the correction by riding the descending waves, navigating through the sea of potential profits. Conclusion: 🛑 ICPUSDT invites traders to navigate the correction waves with a short sail. Prepare for a bearish journey, watch for price compression around the support level, and be ready for an impulsive breakthrough with heightened activity in the order book! ⛵💹
by RICHI_CRYPTO_SIGNAL
YGGUSDT: Blooming from Support, Riding the Bullish Wave! 🚀🌺Introduction: 🌐 Get ready for a vibrant ride in the crypto garden with YGGUSDT! Traders are diving into a long position from $0.386, as the asset bounces off a support zone. Let's explore the blossoming details of this bullish trade. Trade Details: 💰 The long position (#YGGUSDT) blooms from $0.386, with a stop-loss set at $0.344. The rationale behind this move lies in the asset's rebound from a support zone, with expectations of a buyer's reaction. Technical Analysis: 📊 On the 1-hour timeframe, YGGUSDT has gracefully bounced from a support zone, creating a scenario where the trader eagerly awaits a buyer's reaction. With increasing volumes in the order book, the anticipation is high for a breakout and subsequent movement towards a test or crossover, leading to a journey into the liquidity zone. Expectations and Strategy: 🎯 The plan unfolds with entering the position at the current price or at $0.386. With the potential for one averaging down at the trader's discretion, it's a bullish cross into promising territory. Trade Target: 🚀 The trader anticipates a breakout and subsequent movement towards testing or crossing over, riding the bullish wave with the aim of reaching liquidity zones. Conclusion: 🌺 YGGUSDT offers a blossoming opportunity to ride the bullish wave. Traders, gear up for a colorful journey into potential profits as you navigate the vibrant crypto garden! 🚀🌈
by RICHI_CRYPTO_SIGNAL
IMXUSDT: Navigating the Bearish Waves! 📉🌊Introduction: 🌐 Brace yourselves for a thrilling ride in the crypto seas with IMXUSDT! Traders are setting sail on a short position from $2.32, anticipating a correction in this overbought asset. Let's explore the details of this daring trade. Trade Details: 💰 The short position (#IMXUSDT) sets sail from $2.32, with a stop-loss anchored at $2.61. The rationale behind this move lies in the asset being overbought and trading near a formidable resistance zone. Technical Analysis: 📊 Navigating the 1-hour timeframe, it's evident that IMXUSDT is treading waters at a strong resistance zone, signaling a potential correction and the crossing of the FVG (Fibonacci Golden Zone). Expectations and Strategy: 🎯 The plan unfolds with entering the position at the current price or at $2.33. Aiming for a 3-6-9% movement, with potential for one averaging down at the trader's discretion, it's a daring cross into bearish territory. Trade Target: 📉 The anticipation is set for a 3-6-9% move, as the trader navigates the bearish waves in pursuit of profitable waters. Conclusion: 🚢 IMXUSDT offers a thrilling opportunity to surf the bearish tides. Traders, fasten your seatbelts, set sail with caution, and ride the waves of potential profits in this exciting crypto journey! 🌊💹
Short
by RICHI_CRYPTO_SIGNAL
High and Low Liquidity Pivots. Which ones do I choose?Welcome to the coffee shop everybody this is your host and Baristo Eric, and I'm here today to let you guys know about the difference between high liquidity and low liquidity pivots and when I say pivots I mean price levels in the market. I want you to keep in mind that this trick works on all time frames it doesn't matter what time frame you're looking at but it certainly works best if you're comparing the high time frame to the low time frame that you're trading on. This is a price action trick and strategy that you do not need an indicator for. Which means you can never get this wrong as you long as you follow these rules but the minute you try using an indicator for this you're going to miss out on some important details. Now obviously there's a few rules that you need to follow when you're looking for high liquidity or low liquidity pivots and in the image above you should be able to see it but in the text below I'll give you my breakdown of the 123 rule that you can really follow to understand what you're looking for. Here's a few rules to follow: 1. Bullish candles make high pivots 2. Bearish candles make low pivots 3.the length of the Wick of the candle is the trigger to tell you what you're looking for. You cannot find low or high liquidity in a market during the trend. You can only see it after the trend has finished and you are either currently ranging or you are in the alternate trend meaning you were in a downtrend and now you're in an uptrend or a sideways market. You want to look for these liquidity types in the previous trend but using the strategy in this video you can also find high and low liquidity in arranging markets simply by looking at the ranging market that previously took place. The trick to finding liquidity in the market goes like this: Finding Sell Liquidity (Resistance) in previous market moves. If you were in a downtrend and now it has completed you can look backwards at that downtrend and find all the bullish candles that will reflect the rules you were looking for. Look at the downtrend and find the bullish candles. You want the bullish candles that had swing highs and their upper Wick is longer than their lower Wick. If the previous market was an uptrend you simply wanna do the opposite: and previously up trending market you wanna find all the bearish candles and those bearish candles need to have a swing low Wick plus the Wick on the bottom must be longer than the Wick on top. These will reflect your SUPPORT levels (Buy Liquidity) One of the questions often asked is what do you do with these levels once you find them. Once you find low liquidity levels you wanna mark them this way you can treat them as plausible breakout areas meaning that with low liquidity in these areas price will reach those areas later on and price will continue to move through them because there are very few participants trying to buy or sell in a low liquidity area. High liquidity area however simply means there is a lot of volume lot of activity and when price reaches back to these levels that price will either stall or reverse at these levels. High liquidity areas also mean that these are banks and institutions trading at these levels so price can pull away from it retest and then come back to it for a very large move initiated by that same level.
OANDA:XAUUSD
by CoffeeshopCrypto