TradeCityPro | STX : A Healthy Uptrend with Promising Momentum👋 Welcome to TradeCity Pro!
In this analysis, I’ll review STX, the native token of the Stacks project, a prominent Layer 1 blockchain. The analysis focuses on the weekly timeframe.
⏳ Weekly Timeframe: A Healthy Uptrend
On the weekly chart, a strong uptrend has been in place since reaching the low of 0.201. Thus far, two bullish legs have propelled the price to 3.737, with the price currently testing the resistance at 2.471.
📊 Buying volume continues to increase, showing robust support for the ongoing trend with no signs of weakness. A visible ascending trendline has interacted with the price three times, further reinforcing the bullish momentum.
🔼 The 37.65 support level on the RSI is critical. As long as the RSI remains above this level, the probability of a bullish scenario outweighs the bearish one.
📈 If the price breaks above 3.737, it could move toward new all-time highs. In the event of such a breakout, I will update the analysis to include new targets.
🔽 Bearish Scenario
If the ascending trendline and the 1.264 support level are broken, the possibility of a trend reversal arises. In this case, the first major support level to watch would be 0.442.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Tradecitypro
TradeCityPro | ALTUSDT Analysis Good Spot Buying Opportunity?👋 Welcome to the TradeCityPro channel!
Let’s dive into analyzing one of the newer altcoins in the market, ALTUSDT, which might offer a solid spot entry opportunity tonight.
🌱 Bitcoin Overview
As always, we begin by checking Bitcoin's performance , Bitcoin hasn't moved much compared to yesterday.
However, Bitcoin dominance is declining, which has allowed altcoins to gain momentum , If Bitcoin remains range-bound and its dominance continues dropping, altcoins might sustain their upward trend.
🕒 Weekly Timeframe
ALTUSDT has recently been listed and has dropped approximately 88% since listing, following the typical behavior of newly listed coins.
After this decline, it has been consolidating within a range box for about 120 days.
Now, the coin is testing the resistance at $0.16293, and it appears to be breaking out.
Risky Stop-Loss: Place it just below the shadow of the current candle, considering the buyers' strength.
Secure Stop-Loss: Place it at the bottom of the range near $0.0732 and hold for targets.
🔑 Daily Timeframe
trigger at $0.13342 allowed for a buy earlier. If you missed that entry, you can buy after a breakout of $0.16293, using a stop-loss at $0.10133.
RSI Entry Trigger The key RSI level to watch for entry is 82.57, signaling strong upward momentum.
No need to analyze lower timeframes extensively because the limited data on this coin makes trading it challenging , For futures trades, there are already sufficient setups in the channel.
💡 BTC Pair Insight
Relative to Bitcoin, ALTUSDT has been in a downtrend, forming a range due to significant trend weakness , breakout from this range could initiate an uptrend relative to Bitcoin.
If I purchase the coin and its BTC pair shows bullish movement, I’ll continue holding.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | ARBUSDT Analysis Leading in TVL Among Layer 2👋 Welcome to the TradeCityPro channel!
Let’s analyze one of the favorite coins in the crypto world, especially popular among airdrop hunters, ARBUSDT, which has shown strong movement recently. We’ll review future triggers together.
🟢 Bitcoin Overview
As always, before starting the analysis, we take a look at Bitcoin:
It hasn’t moved significantly compared to yesterday and remains range-bound.
However, its dominance has been decreasing, providing an excellent opportunity for altcoins and Ethereum to perform , If Bitcoin’s decline continues, altcoins will likely remain green.
🕒 Weekly Timeframe
ARBUSDT has rebounded from its most critical weekly support and made an upward move, reaching a key resistance at $0.9578.
The RSI has also entered its overbought zone, which isn’t an ideal buy signal and suggests a correction might be necessary.
If you’ve joined after the breakout of the $0.6496 resistance, you can consider pulling out your initial capital, leaving the coin essentially free for you.
If you haven’t entered yet, I’ll explain in the lower timeframes.
🛠️ Daily Timeframe
Previously, ARBUSDT followed a downtrend and reached the $0.4749 support zone with strong trend weakness.
This formed an accumulation zone, and after creating a higher low within it, the coin broke above the range and rose towards the $0.9689 resistance.
Wait for a breakout above $0.9689, accompanied by RSI entering the overbought zone again.
pullback could bring ARBUSDT to $0.8028 in the mid-term. At that point, look for a bullish confirmation candle for a potential buy.
⏱ 4-Hour Timeframe
This is the primary timeframe for futures trading. The price shows a compression pattern, forming higher lows and equal highs, indicating a possible breakout.
📈 Long Position Trigger
position can be taken after breaking $0.9689 , Set a stop-buy order beforehand since whale-driven movements might occur, pushing RSI beyond 75.14.
📉 Short Position Trigger
I do not recommend opening a short position. Even if the trendline breaks, I’d prefer waiting.
As long as the price stays above $0.7980, focus on long opportunities.
🔗 TradingView Chart
💡 BTC Pair Insight
ARBUSDT compared to Bitcoin has been bearish in the long term , However, after the Layer-2 hype cooled, the token showed strong trend weakness, printing several green candles.
The main trigger here is the breakout of 0.00001004, allowing for significant upward movement if the market turns bullish.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | MANA : Aiming for the Top of the Box👋 Welcome to TradeCity Pro!
In this analysis, I’ll review MANA, the native token of the Decentraland project, one of the most well-known Metaverse initiatives. This coin has seen significant growth in recent weeks.
⏳ Weekly Timeframe: Approaching the Box Ceiling
On the weekly timeframe, we observe a long-term range lasting 826 days. The bottom of this range is at 0.2501, while the top lies at 0.8170. Over the past few weeks, the price has moved from the bottom of the box, breaking above 0.4165, and has now approached the ceiling at 0.8170.
✨ If RSI breaks above the 74.42 resistance level and the price stabilizes above 0.8170, additional bullish momentum could enter the market. In this case, the first target would be 1.1101, followed by 2.1776. Should the price consolidate above these levels without showing signs of weakness, the all-time high (ATH) of 5.0563 may also be achievable.
⏳ Daily Timeframe: Momentum Exhaustion?
On the daily timeframe, we see a parabolic move originating from the bottom of the range and now testing its ceiling.
📈 Currently, after testing the 0.7859 resistance, the price has pulled back to 0.5631. Interestingly, there’s no visible divergence in the RSI, indicating a healthy trend. If RSI re-enters the Overbought zone, the next leg up could commence.
🔽 In a potential correction scenario marked by reduced volume, the price might enter a time correction phase, ranging within the current area. For price correction, the key level to watch is 0.3926.
🚀 Breaking through 0.7859 could initiate a long-term bullish trend toward the ATH.
⏳ 4-Hour Timeframe: Futures Triggers
On the 4-hour chart, more granular details of the previous move are visible. The price has currently retraced to 0.382, aligning with the 0.5631 level. If the correction continues, the 0.5 and 0.618 levels could serve as suitable targets.
🔼 For a long position, breaking above 0.7316 and consolidating above this level would be ideal, potentially initiating a new bullish leg. If RSI enters the Overbought zone, significant momentum could drive the market. Breaking above the 50 level on RSI would also signal the end of bearish momentum and a possible trend reversal.
❌ As for a short position, I prefer not to open one unless a trend reversal is confirmed. Currently, there’s no trigger for shorting, and I recommend avoiding counter-trend trades.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | EURNZD Ideal Short Setup for Next Week👋 Welcome to the TradeCityPro channel!
Let’s analyze EURNZD as the forex market wraps up this week and prepare our triggers for next week’s positions!
🌍 Fundamental Overview
Euro (EUR):
Benefiting from the ECB's cautious tightening policies aimed at inflation control.
Mixed economic data, such as weak industrial output, limits bullish momentum.
New Zealand Dollar (NZD):
Supported by stronger commodity prices and a resilient domestic economy.
The RBNZ maintains a balanced policy outlook, strengthening the NZD further.
The contrast between the ECB's inflation focus and the NZD's solid fundamentals tilts the bias toward NZD. Global risk sentiment and commodity trends are pivotal in determining price direction.
🕒 4-Hour Timeframe Analysis
EURNZD is consolidating within a range between 1.7836 (support) and 1.8063 (resistance).
Last week saw minimal movement, but this consolidation suggests the pair is gearing up for a breakout.
The price didn’t reach the resistance this time and got rejected earlier.
It is now testing the support level.
📉 Short Position Trigger
If 1.7836 is broken with strong momentum, it would trigger a short position, targeting lower levels.
📈 Long Position Trigger
If the 1.7836 support holds for an extended time, buyers could step in.
A break above 1.8063 would confirm a long opportunity, especially if the price forms higher highs and higher lows in lower timeframes.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | USDCAD : Divergence Signals and Key Levels👋Welcome to TradeCityPro!
In this analysis, I will examine the USDCAD pair from the forex market. The analysis is conducted on the daily timeframe.
⏳ Daily Timeframe: Resistance and Potential Reversal
In the daily timeframe, we observe a range (box) between 1.32179 (support) and 1.38632 (resistance) that was recently broken. Currently, the price has reached the 1.40777 resistance level.
✨ A noticeable divergence is present in the RSI oscillator, with a trigger for this divergence being the break below the 55.94 level on the RSI. If this trigger is activated, the price could enter a correction phase.
📈 At the moment, after breaking out of the 1.38632 level and retesting it as support, the price is consolidating below the 1.40777 resistance. If this resistance is broken, the next target will be 1.43824.
🔽 However, if the RSI divergence is activated, a deeper correction may occur. In that case, the price could re-enter the range, with the first support at 1.36023 and the second support at the range's bottom, 1.32179.
💼 Considering the weakening momentum seen in the candles and the divergence signals, the likelihood of a correction is increasing. However, I personally prefer to wait for confirmation from the price to better identify future trends.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | WOOUSDT Analysis Futures Opportunity👋 Welcome to the TradeCityPro channel!
Let’s take a detailed look at the WOOUSDT coin triggers, even on this relaxed Friday! 😊
🌍 Bitcoin's Market Overview
Before diving into WOO, as always, let’s check Bitcoin
Yesterday's analysis: After breaking 96610, a long position was suggested.
Additionally, if Bitcoin dominance decreases, it could confirm favorable setups for altcoins. However, Bitcoin remained range-bound, moving in sync with the overall market.
📊 Weekly Timeframe
WOO is one of those coins that hasn’t made any significant moves yet, but the buy trigger has been activated.
After breaking 0.2228, a mid-term buy was possible, and there’s still a logical opportunity to buy at market price with a stop loss at 0.1308, supported by increased volume and RSI entering the overbought zone.
If you missed this trigger, you can wait and join this coin upon breaking 0.3369.
📈 Daily Timeframe
We’ve seen a relatively strong move, but the price has hit a significant daily resistance at 0.275
where it has been ranging for several days. After breaking this resistance, further upward movement could begin.
Additionally, RSI is nearing the overbought zone. For a risky buy in the daily time frame, consider entering after breaking this resistance, with a risky stop loss at 0.2129 or a safer stop loss at 0.1550.
⏱ 4-Hour Timeframe
The price shows compression, forming something resembling a triangle, with higher lows being created consistently. This increases the probability of breaking the 4-hour resistance at 0.2779, which could serve as a solid trigger for a futures trade.
📈 Long Position Trigger
The trigger is clear after breaking 0.2779, aim to open a long position with a safe stop loss, such as 0.2340.
📉 Short Position Trigger
The market currently lacks momentum for shorts. Even with a 20% drop driven by whales, short positions aren’t attractive now. It’s better to wait for stronger bearish momentum to enter with smaller stop losses.
💡 BTC Pair Insight
WOO has been bearish against Bitcoin in the long term but currently shows significant trend weakness and is ranging within its daily box. Compared to most altcoins, WOO demonstrates better strength relative to Bitcoin. If lower time frames confirm a breakout, an upward trend could begin.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | ATOM : Momentum Shifts and Key Resistance Levels👋 Welcome toTradeCity Pro!
In this analysis, I will review the ATOM chart. Cosmos is a DeFi project on the Osmosis network and one of its main platforms.
⏳ Weekly Timeframe: Buying Volume Enters the Market
In the weekly timeframe, following multiple declines and significant bearish momentum, the price reached the support level at 3.789, where buying volume entered the market, resulting in a notable price recovery. The market's momentum in the low wave cycle is bullish, and no signs of weakness are observed in this timeframe.
🔼 After the price returned above the 6.552 level, the next resistance is at 8.799, which, so far, has acted as a barrier to further upward movement in the current weekly candle. If this resistance is broken, the next significant level is 15.492, a robust area that will be challenging for the price to surpass.
✨ If the RSI oscillator enter the overbought zone, it may introduce more bullish momentum and market FOMO, potentially driving a price pump.
⏳ Daily Timeframe: Beginning of a Correction?
On the daily timeframe, after substantial buying volume pushed the price to the resistance at 8.779, the volume has started to decline, and momentum has slightly weakened. However, further upward movement remains possible.
⚡️ The RSI oscillator found support near the 70 level and is re-entering the overbought zone. Simultaneously, the price is retesting the 8.799 resistance, and with renewed bullish momentum, this level might be broken.
🧩 On the other hand, the SMA99 has distanced significantly from the price, and given the price's tendency to revert to the mean, a correction is plausible. If buying volume fails to re-enter the market, the likelihood of a correction increases.
🔽 In case of a correction, the first support level is 6.552. If the 8.799 resistance is broken, the next targets will be 14.37 and 16.767.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | EURCHF Analysis Rejection or Breakout?👋 Welcome to the TradeCityPro channel!
Let’s analyze this forex pair in a simple way and set triggers and alerts to prepare for potential trades.
🌍 Fundamental Overview
Euro (EUR):
Backed by the ECB's cautious stance on inflation, though mixed economic data, like declining industrial output, limits its strength.
Swiss Franc (CHF):
Strong as a safe-haven currency, bolstered by geopolitical risks. The SNB maintains a hawkish monetary policy to ensure inflation stability.
The monetary policy divergence between the ECB's mild tightening and the SNB's hawkish approach adds bearish pressure on EURCHF, favoring CHF during risk-off sentiment.
⏱ 4-Hour Timeframe
The chart remains strongly bearish, with prices near historic lows, lacking significant support ahead. Fibonacci levels can help identify potential 4H supports.
📉 Short Position Trigger:
After a rejection from the trendline, watch for a move towards the 0.92790 support.
If 0.92790 breaks with momentum, short positions can target: 0.92440 - 0.92187 - 0.91866
📈 Long Position Trigger:
While the chart shows bearish dominance, signs of trend weakness are emerging. However, long trades remain high risk in the current environment.
potential long setup could occur after breaking the trendline and the 0.9335 resistance.
For safer entries, wait for higher highs and higher lows to form, confirming a bullish shift before taking action.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | GBPNZD : Critical Levels and Market Momentum👋 Welcome to TradeCityPro!
In this analysis, I will review the GBPNZD currency pair on the daily timeframe.
⏳ Daily Timeframe: Higher Highs and Ascending Trendline
In the daily timeframe, the market is displaying higher highs and higher lows, indicating an uptrend. Along with this trend, an ascending trendline can be observed, to which the price has reacted three times so far.
🔼 Currently, after reaching the resistance at 2.18921, the market has entered a correction phase, with the price pulling back to the 2.11346 level. As long as the price remains above the trendline, I consider the market trend to be bullish.
📈 If the resistance at 2.18921 is broken, the uptrend is likely to continue, with the first target for this movement being 2.22652.
🔽 On the other hand, if the trendline is broken and the price breaches the 2.13682 or 2.11346 levels, bearish momentum will enter the market. In this case, the first target will be 2.06414, followed by the second target at 2.00732.
✨ The RSI oscillator is currently indecisive and fluctuating around the 50 level. The RSI trend in the near future could determine the market’s momentum.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | LEVERUSDT Analysis Buyer Presence👋 Welcome to the TradeCityPro channel!
Let’s dive into the analysis of another cryptocurrency and review our triggers before the movement begins.
🌍 Bitcoin's Market Overview
Yesterday, we mentioned that a long position could be opened after breaking 94931, especially if Bitcoin's dominance was declining, favoring altcoins.
After a pullback to 94931, the price is now approaching 96610, where breaking this level could provide another long position opportunity. If Bitcoin's dominance continues to fall, altcoins like LEVERUSDT could see further upward momentum.
📊 Weekly Timeframe
LEVERUSDT is consolidating in a long-term range between 0.001123 and 0.003877, with a narrower short-term range between 0.001588 and 0.002317.
Following rejection from the top of the range, the price didn't drop to the bottom of the box, finding support earlier. This indicates buying strength.
breakout above 0.002317 could signal a risky buying opportunity with stop-loss levels at 0.001588 or 0.001123 for a medium-term hold.
📈 Daily Timeframe
The price has been ranging between 0.001518 and 0.002405, repeatedly testing the upper resistance.
The daily red candles rejecting resistance highlight its importance. A sharp breakout above this level could trigger a significant move.
After breaking this resistance, buyers can enter. If missed, confirmation through RSI breaking 70.13 and rising volume could provide additional confidence.
⏱ 4-Hour Timeframe
The price has shown strong movement toward the range's upper resistance, suggesting this coin might present trading opportunities this week.
For long positions, wait for a breakout above 0.002405, coupled with RSI entering overbought territory and breaking 70.13 for confirmation.
Avoid looking for short positions as the trend appears bullish. Instead, focus on potential entries at lower levels.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | LINK : Volume Surge and Key Levels 👋 Welcome to TradeCityPro!
In this analysis, I will review LINK. This coin operates in the DeFi space, aiming to facilitate cross-chain functionality in the crypto ecosystem.
⏳ Weekly Timeframe: Higher Low After Box Breakout
In the weekly timeframe, after breaking the 9.81 resistance, LINK experienced a notable price increase, climbing to 21.6 before entering a correction phase.
🧲 The first correction phase retraced to the 0.382 Fibonacci level. Subsequently, after breaking this level and the 12.21 support, the correction extended to the 0.618 Fibonacci level, which coincided with the 9.81 support and the SMA99, creating a PRZ (Potential Reversal Zone) that halted the price decline.
⚡️ Currently, following increased volume and a break above the 57.72 level in the RSI, as well as the 12.21 resistance, the next bullish leg has begun. The primary target for this move is the critical 21.6 resistance, which marked the end of the first bullish leg. Whether this level can be breached remains to be seen.
🔼 If the resistance is broken and the uptrend continues, the long-term targets are 33.93 and 52.13. In case of a market downturn, key supports are 12.21 and 9.81. Should these supports break, the final stronghold will be at 5.55. A breach of the 37.49 RSI support could introduce intense bearish momentum.
⏳ Daily Timeframe: Noticeable Volume Increase
In the daily timeframe, there was a ranging box between 9.53 and 12.36, which broke to the upside, initiating an uptrend. The standout feature here is the sharp increase in candle volume post-breakout, which continues to rise steadily.
📊 If the volume continues to grow, the price could easily break the 18.73 resistance and test the main ceiling at 21.6. However, if the volume starts to decline, given the divergence and significant distance from the SMA99, the price may begin to correct or consolidate. In this scenario, the key correction supports are 15.33 and 12.36.
🧩 If the RSI breaches the 53.8 support, divergence will be activated, erasing the market’s bullish momentum. Conversely, breaking the 73.38 RSI level could signal a price surge, potentially breaking the 21.6 level.
⏳ 4-Hour Timeframe: Futures Triggers
In the 4-hour timeframe, we see a steep ascending trendline. The price briefly faked out below this trendline but resumed its upward movement.
✨ In the latest leg of the uptrend, after breaking the 15.33 resistance, volume has started to decline, signaling potential exhaustion. Additionally, there is a strong divergence in the RSI. The divergence trigger lies at 44.67, and if activated, the bullish momentum will dissipate.
🔽 Breaking the trendline, the 16.47 level serves as the first short trigger. However, personally, I avoid opening positions based on this trigger since it goes against the primary trend. Instead, I wait for a confirmed trend reversal using Dow Theory principles.
✅ In case of a decline, the next support levels and targets are 15.33 and 12.36.
📈 For long positions, the 18.73 resistance offers an excellent trigger. The first target for this move is 21.6.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | AUDUSD Analysis Preparing for Movement👋 Welcome to the TradeCityPro channel!
Let’s examine the key triggers for AUDUSD, which appears poised for an interesting move.
🌍 Fundamental Overview:
Supported by stable commodity prices, especially iron ore, a key driver of Australia's economy.
Recent Reserve Bank of Australia (RBA) comments suggest a balanced stance with no immediate rate hikes.
Bolstered by strong economic data and expectations of prolonged higher interest rates by the Federal Reserve.
Mixed global risk sentiment keeps the USD favored as a safe-haven currency.
⏱ 4-Hour Timeframe
AUDUSD has been in a long-term downtrend, losing multiple supports and forming successive lower highs and lows. However, the price has recently stabilized, ranging between 0.64501 and 0.65412.
📉 Short Position Trigger:
After breaking the 0.64501 support, initiate a short trade targeting 0.62910.
📈 Long Position Trigger:
In case of a false breakdown of the support or prolonged consolidation within the range, open a riskier long trade above 0.65412 , Safer long entries can be considered once higher highs and lows are confirmed.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
GBPCAD : Trendline Break and Key Levels👋 Welcome to TradeCityPro!
In this analysis, I will examine the GBPCAD currency pair from the Forex market. The analysis is conducted on the daily timeframe.
📅 Daily Timeframe: Trendline Break
In the daily timeframe, we observe an uptrend that began after breaking the 1.72778 level, accompanied by an ascending trendline, which pushed the price up to the 1.80922 resistance level.
🧲 After reaching this resistance and experiencing a significant divergence in the RSI, a deep correction occurred. This was marked by the break of the ascending trendline and the activation of the divergence trigger, which has brought the price down to approximately the 1.74497 support level.
📐 The RSI has formed a symmetrical triangle, which has broken downward. Following this, it bounced back from the 30 support level and moved up to the 50 level.
📈 If the RSI stabilizes above 50 and the price consolidates above 1.78076, we can anticipate the next upward leg. In the event of breaking the 1.80922 resistance, the next target will be 1.90188.
📉In the bearish scenario, if the price drops to the 1.72778 support level, the bullish momentum will completely dissipate. Should this support level break, the next targets will be 1.67659 and 1.63796.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | RENDERUSDT Analysis Continued Uptrend?👋 Welcome to the TradeCityPro channel!
Let’s analyze RENDER, a popular crypto project in the graphics card and infrastructure domain, which also operates as a Layer 2 solution.
🌍 Bitcoin's Market Overview
As always, before diving into RENDER, we take a quick look at Bitcoin. According to prior analyses, the recent red candles are purely corrective and indicate no major trend reversal. Corrections are healthy for any uptrend. Bitcoin is showing renewed green candles, with a 4% rise today.
After breaking 94,859, you can open long positions. However, due to the decreasing Bitcoin dominance (BTC.D), this level can also be considered a confirmation for entering altcoins. A further wave of uptrend seems possible.
📊 Weekly Timeframe
RENDER is one of the most bullish altcoins, similar to SOL, SUI, and OM. It has experienced less decline compared to other altcoins, largely due to the hype around Layer 2 and NVIDIA, which boosted this coin before the bull run.
After its upward move and correction from 13.009, it hit the support at 4.405 and formed a green candle that engulfed the prior two candles. This alone serves as a bullish trigger in an uptrend. Currently, it has reached the key resistance level of 7.914.
If this resistance is broken, given the bullish structure in higher time frames and the formation of higher lows, the coin can continue its upward movement. A buy position with a stop loss at the 4.405 level is reasonable. RSI entering the overbought zone can confirm the bullish trend further. If missed, a trigger at 13.009 remains valid.
📈 Daily Timeframe
The primary resistance at 6.999 was broken, but no significant movement occurred afterward. For now, we consider 8.023 as a key trigger level. After its breakout, the price can aim for targets at 9.765 and 11.240.
Additionally, the main resistance level of 13.009 in the higher time frame is adjusted to 11.240 as the broader market has shown more logical reactions to this level.
RSI displays notable divergence, but during a bull run, it is often disregarded. Personally, I prefer taking positions with a stop loss rather than missing the potential movement.
⏱ 4-Hour Timeframe
After breaking 5.198, the coin experienced a solid uptrend. I opened a long position, and if the resistance at 8.094 is broken, I plan to move my stop loss to 6.532. Currently, the price is ranging between 7.18 and 8.09.
📈 Long Position Trigger:
Upon breaking 8.094, I will open another long position and follow the potential continuation. If the price approaches the resistance with strong momentum, I may also set a stop-buy order with a larger stop loss at 7.18.
📉 Short Position Trigger:
For now, no short setups are considered during the bullish trend. If 6.532 is broken, I might only close my long position.
💡 BTC Pair Insight
Compared to Bitcoin, RENDER remains bullish, bouncing strongly from support levels. Breaking its descending trendline reinforces the continuation of its uptrend.
For those needing a trigger, breaking 0.00010090 on its BTC pair confirms further moves, even though by then, its USDT pair may have already pumped 50%. The key movements often come after the trigger.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | NFP : Key Resistance and Breakout Triggers👋 Welcome to TradeCityPro!
In this analysis, I will review the NFP chart, which, based on a breakout strategy, could offer a good entry point for spot buying and futures trading. Since this coin’s chart has recently become available, I will skip the weekly timeframe analysis and focus on the daily and 4-hour timeframes.
📅 Daily Timeframe: A Critical Resistance Zone
In this timeframe, alongside Bitcoin's rally toward 99,000 and the establishment of a new ATH, NFP also experienced an upward move. It began its rise from the 0.1803 support level, testing it once before successfully breaking the 0.2599 resistance on the second attempt. Currently, it has reached a significant resistance zone between 0.3050 and 0.34.
🔍 Within the range of 0.1803 to 0.3050, there’s a rounding formation visible, which I’ve marked with a curved trendline. Over time, this curved trendline has reduced the bearish momentum in the market. Even after the initial breakdown of the 0.1803 support, this trendline provided support, pulling the price back above the level in the subsequent candle and invalidating the breakdown. Afterward, strong buying volume entered the market, driving the price toward the 0.3050 resistance.
📊 Currently, the decreasing volume during the pullback suggests a healthy trend. However, we must consider the importance of the resistance zone, as it’s the most critical area for this coin at the moment.
✅ If strong buying volume enters, the price could break through this zone and target higher levels. The next target would be 0.3990. If the RSI enters the overbought zone, we could expect higher targets like 0.5874, and the ultimate target would be the ATH at 1.1522.
⏳ 4-Hour Timeframe: Futures Triggers
In this timeframe, I’ve marked the resistance zone with multiple lines to make it easier to identify potential futures trading triggers.
🔼 Currently, the trend appears bullish, and I prefer to open long positions. A breakout above 0.3061 would be a suitable trigger for a long position. However, the issue is that, despite recent price increases, the volume has been decreasing, which isn’t a positive sign for the continuation of the trend.
📈 If 0.3061 resistance is broken, the next trigger would be 0.3495. This trigger is more reliable than 0.3061 because the latter would lead into a resistance zone, whereas breaking 0.3495 would exit this zone, allowing for smoother price increases.
🔽 On the downside, if the 0.2595 level is broken, the price will likely enter a corrective phase, potentially dropping to 0.2167. The critical RSI support to maintain bullish momentum is 44.01.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | NZDUSD : Will the Range Break Soon?👋 Welcome to TradeCityPro!
In this analysis, I will review the NZDUSD forex pair for you. The analysis is conducted on the daily timeframe.
📦 This pair has been ranging within a box between 0.57987 and 0.63543 for nearly two years. As a result, indicators like moving averages are not used in this analysis, as they do not provide reliable data in a ranging market.
🔽 Currently, the price has reached the bottom of the box, and there is a possibility of breaking it to the downside. If the 0.57987 support is broken and the price stabilizes below this level, bearish momentum will enter the market, increasing the likelihood of the price reaching the next support at 0.5541.
📈 However, if the price manages to climb above the 0.58942 level and forms a new high and low above this area, the bearish scenario will be temporarily invalidated, and the price will likely move towards testing the 0.60619 and 0.61962 resistances and even the top of the box.
✨ On the other hand, the RSI is near the 30 level. If it enters the oversold zone, the likelihood of breaking the 0.57987 support increases. Conversely, if the RSI reaches the 50 level or higher, bullish momentum will enter the market.
🔑 In case of a trend reversal and a breakout above the top of the box, the next resistance will be at 0.65069.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | CHFJPY The Battle Between Buyers and Sellers👋 Welcome to the TradeCityPro channel!
Let’s quickly dive into another forex trading opportunity this week, analyze it briefly, and identify entry and exit triggers.
🌍 Fundamental Insights
Swiss Franc (CHF):
Supported by safe-haven demand due to geopolitical tensions and SNB’s tight monetary policy.
Japanese Yen (JPY):
Weak from BoJ’s ultra-loose policy and disappointing economic data.
The divergence in policies between the SNB (hawkish) and BoJ (dovish) continues to favor CHFJPY’s bullish potential, especially during market risk aversion.
📊 Daily Timeframe
The pair faced rejection at 177.108, failing to continue toward the 179.691 resistance.
Sellers gained momentum, pulling the price back to the 172.592 support zone.
If today’s daily candle closes red and engulfing, a bearish continuation to a lower low is likely.
⏱ 4-Hour Timeframe
The pair is testing the key daily support at 172.592, presenting both bullish and bearish scenarios.
📉 Short Position Trigger:
Break below 172.592 could lead to a target of 170.550.
📈 Long Position Trigger:
Prolonged consolidation or a fake break below 172.592, followed by a breakout above 173.949, could indicate a bullish reversal.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | XVS & Bitcoin : Key Levels and Insights👋Welcome to TradeCityPro!
In this analysis, I want to review XVS for you. This token is the native token of the Venus project, which operates on the BSC network and specializes in the DeFi sector. It boasts the highest TVL on this network. This platform allows users to collateralize their assets and borrow funds proportionate to their collateral. Currently, the platform's TVL stands at $1.8 billion, and XVS ranks 361 on CoinMarketCap.
👑 Before analyzing XVS, it's better to take a look at Bitcoin to better understand the market conditions. The Bitcoin analysis is done on the 4-hour timeframe.
⏳ 4-Hour Timeframe: Correction Phase in Bitcoin
On the 4-hour timeframe, after breaking the $72,771 resistance (the previous ATH), we witnessed a very sharp, high-momentum move up to $99,022. Currently, Bitcoin has entered a correction phase. The first significant support in this timeframe is $92,004, which overlaps with the 0.236 Fibonacci level. The price has already reached this level. At the same time, the SMA99 has also aligned with the candles in this area, turning this level into a very strong PRZ.
✨ The RSI oscillator has triggered divergence, exiting the lower Bollinger Band several times, which has eliminated the bullish momentum. However, the most important thing in a bullish market is that when the RSI approaches the 30 level, it often represents a good buying opportunity. Using the Bollinger Band indicator, we can better determine trend reversals and RSI triggers. However, all of these require price confirmation, which can be achieved through Dow Theory rules or short-term resistance breakouts.
📊 On the other hand, the volume of corrective candles is increasing, which is not a good sign for the correction's end and makes the bearish scenario more likely.
🔑 If the $92,004 support breaks, the next key support is $86,841, which aligns with the 0.382 Fibonacci level and is likely to serve as a major support during this correction. For now, I won't discuss other supports; if $86,841 is broken, I'll determine the rest later.
✅ XVS Analysis: Weekly and Daily Timeframes
📅 Weekly Timeframe: Long-Term Box
On this timeframe, the price previously formed a long-term box between $3.17 and $9.19. After breaking this range, a new box was formed between $5.29 and $17.43, where the price currently trades in the lower half of the box and is struggling with resistance at $9.19.
🔼 The previous weekly candle was very strong and powerful but couldn't break the $9.19 level. The current candle is also rejecting from this level. For spot buying, breaking this resistance or $17.43 is suitable. The potential targets are $40.22 and $140.26, with $140.26 being the ATH for this coin.
📉 In case of a drop, the first support is at $5.29, and on the RSI, there is a significant support level at 39.32, which can prevent a price decline. If this support is broken, the next level is $3.17, the all-time low for this coin.
📅 Daily Timeframe: Strong Resistance Zone
On the daily timeframe, the $9.19 resistance can be drawn as a range between $8.18 and $8.91, which is very important. Currently, the price is rejecting from $8.91 and has dropped to $8.18.
🔍 The main and significant support on this chart is the ascending trendline, which previously experienced a false breakout. If the price stabilizes below $8.18, the next corrective target will be reaching this trendline.
💣 If the trendline breaks, the next support is $5.98, which is a strong resistance since the market previously reversed from this level after a false trendline breakout and reached the $8.91 high.
🧩 If the RSI stabilizes above 66.27, the price can start pumping because it has already hit this level twice and been rejected. If the RSI breaks below 50, bearish momentum will enter the market, and the bearish scenario will strengthen.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | CELOUSDT Suitable Trading Opportunity👋 Welcome to the TradeCityPro channel!
Let’s analyze CELOUSDT, a cryptocurrency that appears to present opportunities in both spot and futures markets this week.
🌍 Market Overview
Before diving into CELO, let’s take a look at Bitcoin during the London session. BTC continues to print red candles, with its dominance (BTC.D) ranging.
This scenario leads to a balanced market correction, where individual coins behave independently based on their BTC pair performance.
📊 Weekly Timeframe
CELO has been ranging within a weekly box for approximately 830 days, with no significant breakout.
While buying at the box's bottom might have yielded 100% gains, holding positions for extended periods in a risky market like crypto can lead to "capital dormancy," causing stress. Hence, trigger-based trading is preferred.
This time, CELO has printed a higher low within the box, hinting at a potential breakout.
Breakout above 0.8412 with a stop loss at 0.4083 for a mid-term buy.
If missed, another entry above 1.2530 with confirmation from RSI moving into overbuy territory (76.06) ensures a more secure position.
📈 Daily Timeframe
CELO is currently testing the box resistance but shows stronger buyer momentum this time.
Last rejection from 0.8683 led to a correction down to 0.5318, but buyers established a higher low compared to 0.3998, indicating a shift in momentum.
Daily RSI needs to break 74.22 to confirm a sharp move upward , Upon confirmation, price could rally to 1.0503.
⏱ 4-Hour Timeframe
CELO has formed a parabolic movement, with consistent support at the curve line during pullbacks.
Despite some weakening momentum, as long as the price holds above the curve, there’s potential for further upside.
📈 Long Position Trigger:
Breakout above 0.8683 to initiate a long position.
As long as the price remains above 0.7352, higher lows per Dow Theory suggest strength.
💡 BTC Pair Insight
CELOBTC is bearish but shows signs of weakening bearish momentum, which might lead to a trend reversal or a new bullish phase.
Coins with similar BTC pair setups last week either didn’t move or experienced significant pumps after their triggers.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | MEMEUSDT Analysis Risky Spot Buy?👋 Welcome to the TradeCityPro channel!
Let's dive into analyzing MEMEUSDT, a newcomer to the market. We'll see if it's worth considering for a risky spot buy and holding as part of our portfolio.
🌍 Market Overview
Before analyzing MEME, let’s review Bitcoin’s performance: BTC experienced a 3% drop today, accompanied by a decline in BTC.D. The market was highly volatile, with some coins correcting, others climbing, and some ranging. If BTC.D continues to drop and Bitcoin consolidates, altcoins could see another bullish wave. Personally, I remain bullish and am not looking for short positions.
📊 Weekly Timeframe
MEME is a new coin with limited historical data and has yet to experience a bull run. However, it has already been listed on major exchanges and climbed to the top 160 in market cap.
After an 80% decline post-listing, MEME entered a range between 0.00909 and 0.01425, signaling the end of its downtrend. Breaking out of this box could signal the start of a new uptrend.
With decent recent volume, a risky buy could be considered. Placing a stop-buy order above 0.01561 with a stop loss at 0.00909 might be an effective strategy for managing risk.
📈 Daily Timeframe
MEME remains within the weekly range, having recently tested its range high at 0.01476. Sellers appear exhausted, as buyers have consistently pushed the price higher without revisiting the range low.
If the daily candle closes above 0.01476, consider entering. Alternatively, wait for a breakout above 0.01740 for a safer entry.
Keep in mind that breakout traders might prefer waiting for 0.01740 to be breached, while others might risk entering earlier at 0.01476. It's a matter of trading style and risk tolerance.
As long as the price remains above the curve line, I’ll continue focusing on long positions. Confirmation from an RSI overbought condition and increasing volume will further support bullish entries.
⏱ 4-Hour Timeframe
On the 4-hour chart, resistance at 0.01488 is currently being tested, with signs of a potential fakeout and short-term correction. However, as long as the price holds above the curve, there's a chance to break this resistance soon.
📈 Long Position Trigger:
confirmed breakout above 0.01488 signals a buying opportunity.
📉 Short Position Trigger:
I personally won’t prioritize short setups here, as I’m focused on bullish opportunities.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | USD/JPY : Divergence and Trend Weakness👋 Welcome to TradeCityPro!
In this analysis, I’ll review the USD/JPY forex pair, focusing on the 4-hour timeframe.
⏳ 4-Hour Timeframe: Current Trend Insights
At present, the trend in the 4-hour timeframe is upward, with an observable ascending trendline. The SMA99 has also acted as a support level.
🔽 However, the strength of the trend appears to be diminishing. The bullish candles are progressively smaller, and corrections have become deeper.
✨ RSI Analysis and Momentum
A negative divergence is noticeable in the RSI, indicating a weakening trend. The 39.98 support level is crucial, and with the divergence and trend weakening, the likelihood of breaking this RSI level is high. If this happens, the market’s bullish momentum will fade.
📉 Short Position Strategy
If the trendline is broken and the 153.639 trigger level is breached, followed by price stabilization below this level, it will signal an entry opportunity for a short position. The specific trigger, whether based on Dow Theory, a pullback to 153.639, or another strategy, depends on your approach.
📊 The next key support is at 151.512. If you missed or avoided the 153.639 trigger due to risk concerns, breaking this support could provide a safer short entry point. Subsequent supports are located at 149.177 and 145.826.
📈 Long Position Strategy
Despite the weakening trend, the 156.544 trigger is still a valid entry point for long positions. The next resistance after this level will be at 157.702.
🔑 By keeping an eye on these levels and market momentum, you can effectively align your trading strategy with market conditions.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
TradeCityPro | GBPNZD Analysis Ready to Move👋 Welcome to the TradeCityPro channel!
Let's start this week's market by analyzing the GBPNZD pair for potential triggers in futures. We'll keep it concise!
🌍 Fundamental Overview
GBP: The British pound remains under pressure due to persistent economic slowdown and uncertainty around the Bank of England's policy, with inflation softening but still above target.
NZD: The New Zealand dollar is supported by stronger commodity demand and recent hawkish signals from the Reserve Bank of New Zealand (RBNZ), which is holding interest rates steady but remains cautious of global economic conditions.
Result: Diverging monetary outlooks and commodity trends make GBPNZD sensitive to risk sentiment and trade flow shifts.
📊 Weekly Timeframe
In the weekly timeframe, like most currency pairs, we are in a range but have broken the lower box and are now ranging in a higher box.
Additionally, the chart shows a curve-like upward movement, forming higher lows, indicating an uptrend, but recently, the trend has significantly weakened, and the candlesticks are getting smaller.
If the curve line breaks, the price can move to 2.10640.
If the curve supports, the price may head towards 2.16990 and possibly break this significant resistance.
⏱ 4-Hour Timeframe
In the 4-hour timeframe, there is a descending trendline, forming lower highs and creating compression.
📉 Short Position Trigger:
Triggered by rejection from the trendline or a break of the 2.14309 support level, targeting 2.12359.
📈 Long Position Trigger:
Triggered by a breakout above the trendline and 2.15606, targeting 2.18194.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️