We are currently looking for bearish continuations to keep selling and following the higher timeframe trend. Following the 4H timeframe down to the 1H, we have 2 potential areas of interest we can have a minimal risk high reward trade. AS price continues to accumilate into our areas I will keep updating for possible trade entries.
The XRP weekly chart shows significant potential for a substantial rally based on ICT principles and historical price action. Here's the breakdown: Market Structure: After an extended consolidation phase (gray box), XRP has recently broken out, signaling a shift from accumulation to expansion. The sell-side liquidity (SSL) at $0.41664 was cleared, allowing smart money to accumulate before pushing price higher. Key Levels: Buy-Side Liquidity (BSL): XRP is targeting several BSL levels, including $0.93968, $1.94895, and potentially the all-time high BSL at $10. Phases of Price Action: Accumulation (Gray Box): XRP consolidated for an extended period, trapping liquidity and building the foundation for a breakout. Expansion (Purple Zone): The breakout from consolidation aligns with the MM Model's expansion phase, where price seeks external liquidity. Projected Targets: The next major target lies around $3.31792 at weekly BSL. Upon breaching this level, we could see price push toward the ultimate target of $10, aligning with the MM Model's distribution phase. Conclusion: This setup offers a high-probability bullish scenario for XRP as it transitions from consolidation to expansion. As always, monitor key levels and candle closures to confirm the continuation of this move. Disclaimer: Always conduct your own research (DYOR) and trade responsibly.
PEPE price has been in consolidation for some time not really giving any general direction but looking at 4HR time frame it looks like a bull flag has been forming . I've drawn out the pole and flag on the chart. Using fib retracement the support for this is at the 0.618 level so TP should be 1.618 following classic flag strategy rules.
Logarithm. The main trend, published more than 1.5 years ago. CAKE Basic trend. Working with reversal zones. Money management . 6 08 2023 https://www.tradingview.com/chart/CAKEUSDT/NdBxC3DV-CAKE-Basic-trend-Working-with-reversal-zones-Money-management/ The level zones are identical as before and now, nothing can change. The main trend now without “market noise” and the average price of this cycle distribution. https://www.tradingview.com/x/2zR3wxXW/ Secondary trend. The price has left the descending channel and has gone sideways. The price is drawing a large double bottom. The first local target is its resistance. Then a big pump. Exit the position before everyone else before the key resistance levels. https://www.tradingview.com/x/jBql34bm/ Local trend . There is an exit with accumulation by impulse +50%. Now the prices are near the minimum of the trend in comparison with the huge pumping potential. https://www.tradingview.com/x/G72d9ZpJ/
- WIF currently sitting on major S/R - Building a position here - Expecting ATH again in the coming weeks
Good morning, crypto bro's! ? ? Fear & Greed Index: 84 (Extreme Greed). ? Stoch RSI: Showing signs of exiting oversold. ? Analysis: Current Status: FWB:98K has been reached. Correction Outlook: Small probability for $93K– GETTEX:92K , with a larger chance for a deeper dip to $85K– GETTEX:82K if support breaks. Upside Challenge: Breaching $100K seems tough without a significant correction first. ? Reminder: Stay sharp and manage risks well. Markets remain dynamic. I'm Akki, as always, one chart at a time. Have a great day and stay SAFU!
https://www.tradingview.com/x/sysaK45K/ 15min TF entry Sellside trade Tokyo Session PM 7.30 pm Fri 29th Nov 24 15min TF entry Entry 97076.5 Profit level 96631.0 (0.46%) Stop level 97211.0 (0.14%) RR 3.31 Reason: Recent Busyide trade reached a pivotal supply level and consolidated towards a sellside bias.
" The price has to come down below the month's opening and clear early buyers." Explanation: For the market to show signs of a bearish move or a retracement, the price must dip below the opening level of the current month. This would likely "clear" or trigger stop-losses for traders who entered early in the month, especially those with bullish positions. If the price moves below this level, it could signal a shift in market sentiment. " Early December news & NFP can be a great catalyst so far." Explanation: Economic news, particularly Non-Farm Payrolls (NFP), can act as a catalyst for significant price movement. If the data from NFP or other relevant December news surprises the market, it could push EUR/USD lower, especially if the U.S. economy shows strength (e.g., higher-than-expected job growth). These events can amplify the move below the monthly opening level, leading to a deeper retracement. " The crucial thing is that it is almost a yearly closure and we can see the price to retrace." Explanation: As the year-end approaches, many traders and investors start to adjust their positions, taking profits or reducing risk exposure before the year's close. This often leads to retracements in price as the market may "correct" after a strong trend. A retracement could also occur due to profit-taking before the new year, especially if the market has been in a strong trend for most of the year. " Looking for handsome buys." Explanation: Despite the short-term bearish outlook or retracement, the overall sentiment seems to be preparing for a buying opportunity. Once the price pulls back (likely after clearing the early buyers and showing signs of a deeper retracement), this could be an excellent entry point for longer-term buyers. The expectation is that after the retracement, the price will reverse and move higher, giving traders a good buying opportunity.
Broke above the trend spanning across 30 months. It is, right now, just below the 50 SMA. This is its 5th attempt to tag and break above 50 SMA. Next resistance at $15.
another deep one but it's off to a great start. Love the swing failure pattern (SFP) into the 0.707 fib. hallmarks of smart traders accumulation a position before running it in the opposite direction, in this case higher. the way I see it, the shallower the retrace, the stronger the coin. for example looking at ADA, 0.5 fib was the bottom & that says "strong af". a retrace to .618 - .65 is perfect for this setup (see my other charts) & .707 is deep but fairly common in crypto so its still an excellent risk to reward trade. See linked BTC chart for why my charts are so bull. The Trade: Preferred Entry: $0.77 or a 0.168 retrace of this impulse wave (if we get one) Ape Entry: $1.23 Resistance: $5.70 - order block + bear golden pocket. Target: $123 Chart requested by @beebbeeb taking initial (+ some) off at resistance gives a free shot @ 100x with the rest. D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES. Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS. This is not financial advice. These are just my observations. Technical Analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk management is key. Capital preservation above all else.