Based on my TA, BTC has now confirmed a short term trend change on the smaller time frames which will result in relief / pull back on the higher time frames (W,M). BTC recently just crossed over the SMA's, pulled back and rejected them as well as a major key level. There is also the case of the SMA's (21/9) crossing over on the 4hr indicating a trend change confirmation. On the higher time frames we also has deceleration and exhaustion from the candles showing a relief period and pull back is in coming which of course will result in a trend change again on the smaller time frames. We also have the issue of the FED stating they are not looking to hold a BTC reserve and won't be changing their opinions anytime soon regardless of Trumps open supportiveness of Crypto. The fib is also confirming a bear market as it is aligning very nicely with key levels and targets to the downside. I have entered at the LH which is the same area the market rejected the crossover of the SMA's. We'll likely see some consolidation / resistance around the $94,500 price mark as it is a major key level imo but if we break that level then BTC will likely fall to the golden ratio market out by the fib which also happens to align with another major key level of $86,850 which is my overall target. Of course i will lock in profits along the way, i have a small stop on this trade of just 2.5% located just above the cross over of the SMA's for some protection from TA.
US30USD Based on Technical and Fundamental Analysis The chart shows a clear rejection from the resistance zone at 44,500, confirmed by a bearish candlestick pattern (highlighted in orange). This aligns with weakening market sentiment and the potential for continued downside movement. A short entry is justified below the 43,200 level, targeting TP1 at 42,000 and TP2 at 41,600, as marked on the chart. Keep an eye on macroeconomic data or geopolitical factors that may further strengthen the bearish trend. Risk management is crucial—set a stop loss above the key resistance zone Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies. Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
https://www.tradingview.com/x/8aR0xHKi/ entry 0.35-0.31 stop loss less then 0.31close 1d target in chart
Our Preference Double Top Formation The 4-hour chart of Gold Spot (XAUUSD) shows a classic double top pattern, indicating a potential bearish reversal. The resistance at the double top is marked clearly around the 2629 level. Key Levels: Double Top Resistance: 2629 Stop Loss (SL): Set slightly above the resistance at 2,662 to manage risk. TP1: Around 2,617 TP2: Around 2,605 TP3: Around 2,583 The price breakdown below the neckline triggers short trade opportunities targeting TP1 through TP3. Monitor for any bullish attempts to regain momentum that might challenge this setup. Always practice proper risk management while trading. Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies. Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
Guyssss! Happy New Year soon! I bring you a gift to close out the year! As you can see we are in a bullish order flow, with protected lows. With a nice RR of 2.8 on TP1 and 3.07 on final TP, this trade takes advantage of the recent structural breaks. Enjoy! Good luck and enjoy the end of the year!
Golden Pocket retrace and bounce was on point ? Proper correction completed IMO. Now it's gearing up for move up ?. Load 'em up, we are expecting CRYPTOCAP:SOL at $400 - $600 price level . Correct me if I'm wrong. Like if you disagree. Comment if you agree. ?
Just COMMENT me the name, and I'll handle the analysis for you!
BINANCE:ZECUSDT , a leading privacy-focused cryptocurrency, has demonstrated a strong rebound following a recent market downturn. This resilience has captured the attention of the crypto community, sparking renewed interest in the coin. Technically, BYBIT:ZECUSDT.P has exhibited a pattern of overcoming resistance levels, forming higher highs, and suggesting a bullish trajectory. The current resistance at $80 is a critical hurdle. A successful breach of this level could potentially unleash significant upward momentum. Traders are advised to exercise prudent risk management practices, including setting stop-loss orders, to mitigate potential losses. COINBASE:ZECUSD Currently trading at $53 Buy level: Above $44 Stop loss: Below $34 Target : $200 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Hey traders check my analysis for gold gold heading up this week BLACKBULL:XAUUSD
https://www.tradingview.com/x/lgCGJNkz/ entry and target in chart stop loss less then 0.179