Trend Analysis
EURUSD Entry PointsAccording to the previous analysis, based on the weekly analysis, we can see that I am bearish biased on this currency before we have a massive bull run.
Based on the 4H timeframe, we can wait for the price to retract up a bit, take some liquidity sweeps at the REHs ~Relative Equal Highs~ (touch the -OB ~ Order Block~) and have our sniper sell entry at 1.047 with the Stop loss at 1.050. Incase the price does not retract there, we can have our second entry at 1.037 and SL at 1.045.
Let us wait and see what this pair will offer coming next week.
XAUUSD Seems as Bearish PatternGo Through the This analysis XAUUSD Gold Price Direction In Buy Side.
Current Price: 2622
Breakout Level: If the price breaks below 2618, this could signal a continuation of the bearish trend.
First Support Level: 2600. If the price drops to or below this level, it could indicate further weakness.
Second Support Level: 2580. If the price breaks 2600, the next key support is seen at 2580.
In this scenario, you're expecting the price to drop if 2618 is breached, with 2600 and 2580 acting as levels to watch for potential support. If the price breaks below these levels, a further decline toward lower levels could be anticipated.
Ps Support with Like and Comments for more Insights.
BTC - an ideaI believe BTC is in one of the last wave 4's of this cycle right now. It impulsed down from the high of 17 Dec to bottom 20 Dec. Following that impulse it's been in a choppy sideways ABC/flat correction presently running in a downward channel finishing an ABCDE to approximately 91-92K ish probably in the next few days.
That would complete the B wave of the larger ABC where it will rise back up to resistance area of around 99k ish approaching but not getting to the red meridian line of the daily pitchfork. Then in the last leg of the flat it'll impulse down to the 1 to 1 ratio of around 84.3k.
As of now the daily RSI does not look like it's created a defined bottom or a divergence of any kind so a move like this could do so confirming a bottom.
That'll complete the wave 4 and from there it's off to the races in a wave 5 to 130-150k before next wave 4 kicks.
My thoughts, not financial advice Oklah. Cheers
Happy New Years to you all.
THETA - A Nice Pattern for a quick tradeBINANCE:THETAUSDT (1D CHART) Technical Analysis Update
THETA is currently trading at $2.33 and showing overall bearish sentiment
Price got rejected from the resistance within the channel and expected to crash further. There is a good short trade opportunity here.
Entry level: $ 2.33
Stop Loss Level: $ 2.58
TakeProfit 1: $ 2.1
TakeProfit 2: $ 2.0
TakeProfit 3: $ 1.9
TakeProfit 4: $ 1.78
Max Leverage: 5x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
MOVEMENT BULLISH MOMENTUM!!!The MOVE/USDT chart shows an interesting price action. After completing an accumulation phase within the consolidation zone (highlighted in purple), the price successfully broke out to the upside, creating a Break of Structure (BOS) that signals a shift to a bullish trend. Currently, the price is retesting the yellow line (breakout zone), which now acts as a new support level.
If this retest holds and the price stays above the yellow line, there's strong potential for further upside with Fibonacci Extension targets:
- 127.20% (1.2891 USDT) as the first target,
- 161.80% (1.5178 USDT) as the second target, and
- 261.80% (2.4332 USDT) as the extended bullish target if momentum continues to build.
However, if the price fails to hold this support, a deeper correction could occur before resuming the uptrend. Keep an eye on this retest area to confirm the breakout. 🚀 #MOVEUSDT #CryptoAnalysis #Breakout hf
My AnalysisAnalysis of the Rising Wedge Pattern
Pattern Identification:
The chart features a rising wedge pattern characterized by two upward-sloping trendlines that converge over time. This pattern usually signals a potential reversal, particularly when it appears after a strong uptrend.
Recent Price Action:
The price has recently approached the upper trendline of the wedge, indicating possible resistance. The failure to break above this level can lead to a decline.
Breakout Point:
A breakout below the lower trendline suggests a bearish signal. If the price confirms this breakdown, it can signal further declines.
Target Area:
The chart indicates a target area (often calculated based on the height of the wedge) where the price may potentially move, suggesting that traders might anticipate a drop
SPY in a Crucial Zone! Scalping, Swing, and Options StrategiesScalping Analysis for SPY:
1. Support and Resistance Levels:
* Immediate support at $594 (key gamma wall and major put support).
* Resistance near $599-$602 (gamma resistance and call wall).
2. Key Indicators:
* 9 EMA & 21 EMA: Price is below both EMAs on the hourly timeframe, suggesting bearish short-term momentum.
* MACD: Early signs of a bullish crossover, indicating potential reversal.
3. Scalping Plan:
* Bearish Scenario:
* Entry: On rejection near $599-$600.
* Target: $594, $591.
* Stop Loss: Above $602.
* Bullish Scenario:
* Entry: Breakout above $599 with strong volume.
* Target: $602, $605.
* Stop Loss: Below $596.
Swing/Day Trading Analysis for SPY:
1. Trendlines:
* SPY is retesting its recent consolidation zone between $594-$599. A decisive breakout or breakdown will define the next trend.
2. GEX Analysis:
* Call resistance at $602-$605 indicates difficulty for bulls in breaching higher levels.
* Strong put support at $594 and $591 highlights a potential floor for the downside.
3. Trade Scenarios:
* Bullish Swing:
* Entry: Above $599 with confirmation or bounce from $594 with support validation.
* Target: $605, $610.
* Stop Loss: Below $592.
* Bearish Swing:
* Entry: Below $594 with retest confirmation.
* Target: $591, $587.
* Stop Loss: Above $596.
Options Play with GEX Insights:
1. High GEX Areas:
* Call Wall: $602, $605.
* Put Wall: $594, $591.
2. Suggested Options Strategy:
* Bullish Play:
* Buy Jan 5th $600 Call if SPY breaks and sustains above $599 with volume.
* Target: Move toward $602-$605.
* Risk: Below $596.
* Bearish Play:
* Buy Jan 5th $590 Put if SPY breaks below $594.
* Target: $591-$587.
* Risk: Above $596.
3. Options Oscillator Metrics:
* IVR (17.2%) suggests reasonable premiums for options strategies.
* Puts skew (65.3%) indicates stronger bearish sentiment near current levels.
Insights:
* SPY is trading at a key pivot level, with strong gamma resistance at $599-$602 and put support at $594. The breakout or breakdown from this zone will likely drive the next significant move.
* Volume Focus: Look for volume confirmation around $594 or $599 to validate the directional move.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always trade responsibly and manage risk.
Tow-case scenrioTrading volume: The trading volume during a bearish trend should be taken into consideration. If the trading volume increases during a price decline, it indicates greater selling pressure and confirms the bearish trend. In the chart, you can see that the trading volume is decreasing.
News: Important news and events can also have a significant impact on the price of Bitcoin. Make sure to stay informed about major news and events.
Caution: Given the current conditions and selling pressure, it is recommended to proceed with caution when entering a trade at this time.
Monitoring: Carefully monitor the chart and pay attention to any changes in patterns and indicators ( Don't forget that indicators only provide insights into the past market and clarify volumes and trends for us. Do not rely solely on them for trading. ).
Buying: If you intend to buy, wait for the price to reach the support level of $91,300 and look for signs of a price reversal.
Risk Management: Be sure to use stop-loss and engage in trading with proper capital management.
Adventure Gold (AGLD) - Cup and Handle** Near term forecast, days ahead **
On the above weekly chart price action has corrected 70% since early summer. A number of reasons now exist to consider a long position. They include:
1) Price action and RSI resistance breakouts.
2) Support confirmation on past resistance.
3) Cup and Handle pattern confirmation with 100% forecast.
Is it possible price action continue to correct? Sure.
Is it probable? No.
Ww
Bullish Channel Setup with Two Key Scenarios | $SEITECHNICAL ANALYSIS: 🎯
Price Structure:
- SEI is currently trading within a well-defined ascending channel (marked by orange lines)
- Current price: $0.4156 (-2.49%)
- Strong demand zone established between $0.28-0.35 acting as key support
Two Potential Scenarios for Q1 2025:
Scenario A (Purple Path):
- Immediate bounce from current levels
- Series of higher highs and higher lows
- Price target: $0.85-0.90 by March 2025
- Key resistance levels to watch: $0.55, $0.65, $0.75
Scenario B (Light Blue Path):
- Initial retest of demand zone ($0.30-0.35)
- Sharp V-shaped recovery
- Same ultimate target: $0.85-0.90
- Higher risk-reward ratio if demand zone holds
Key Levels to Watch:
▪️ Major Support: $0.35 (Top of demand zone)
▪️ Current Channel Support: $0.41
▪️ Channel Resistance: $0.52
Risk Management:
- Stop Loss: Below demand zone ($0.28)
- Position scaling opportunities at demand zone retest
- Channel breaks should be monitored for validation/invalidation
Timeframe: Daily
Bias: Bullish with caution
Pattern: Ascending Channel
Note: This is technical analysis only. Always DYOR and manage your risk accordingly. Not financial advice.
#SEI #Crypto #TechnicalAnalysis #Binance
BTCUSD ANALYSIS ( MUST READ CAPTION )Hello Trader's
Here's my BTCUSD analysis, share your opinion on this analysis in comment section, what do you think about BTCUSD today?
Key Points
Current price 93300
Resistance zone 1 97500
Resistance zone 2 99850
Target area 97500
Support zone 92400
My analysis believes that the price of ( BTCUSD ) will increase as soon as possible,
Follow me for more updates on BTCUSD and don't forget to share my idea with your friends and family
Happy new year to all in advance
GBPJPY sell SetupGBPJPY Sell Setup ... mark m15 orderblocks entry
Strategy:
Entry: Wait for bearish confirmation (e.g., candlestick rejection or trendline breakout).
Stop Loss: Above the 200.04 level to account for false breakouts.
Take Profit: Scale out profits at 194.75 and 194.36.
Disclaimer: This setup is for educational purposes only. Always apply proper risk management when trading. 📊
The Party Is EndingAnother year, another pumped and manipulated charade.
Some observers called a melt up move for 2024, instead, we got a rally of around 10%...too much weed being smoked.
The 18th of Dec witnessed a 1500 point decline, that was your big guns spitting the dummy. The first wave one down and subsequent wave two ABC up either finished or another small move up to position more shorts.
Now we sell the rallies, confidence will grow as the the December lows are smashed, the Fed is NOT in control of rates, cheap debt is not coming back.
The Fed's numbers are lies, inflation and the economy is way worse than the fudged data...now the chickens are coming home to roost.
The odds of a market crash on any given day is approximately 1000/1...basically a nothing. The true odds of a market crash or collapse in the next few months is around 65%, almost two thirds. A market condition named "Hindenburg Omen" has had multiple instances the past few weeks and months...warning of much higher than random probability of dangerous conditions in a grossly overvalued markets.
Such multiple signals occur rarely, this party is coming to the end.
Gold and silver are trading sideways, the coming upside breakout will be huge once this triangle completes.
Appreciate a thumbs up, God Bless you all and good trading!
XRP 1 HR POSSIBLE SCENARIOS 🚨 XRP 1-Hour Analysis 🚨
Here’s what we’re watching:
📈 Upside Targets:
• TP1:2.190
• TP2: 2.235
📉 Downside Targets:
• TP1: 2.08
• TP2: 2.04
So we have to watch out for level. If XRP stays below 2.12 - 2.14 then you can target downside targets and if above then you can target above levels mentioned as TP(take profit)
Keep an eye on key levels and trade smart! 💹
Gala Price Update – Still BearishWXY Correction:
Left chart confirms we're still in the WXY corrective structure.
Right chart shows price movement in a channel without WXY lines.
Channel Dynamics:
Price is oscillating in a channel, rejecting from the middle.
Key Support: 0.0342, repeatedly tested and holding for now.
Bearish Confirmation:
A close below 0.0342, followed by a backtest or direct collapse through the channel, signals further bearish bias.
Targets:
First Target: 0.02761 (786 Fib level).
Second Target: 0.02449 (weekly support).
Breakdown below 0.02962 (previous low) confirms a straightforward Y correction.
Technical Indicators:
4-hour timeframe is overbought, making it an ideal setup for a breakdown.
Market may remain slow, but a sharper move down would align with current bearish momentum.
An invalidation of my theory would be if price pumps and breaks above $0.040 this will require me to reconsider my bearish bias.