AUDCAD is currently testing a key level. Watching closely to see if price breaks out or continues within the current range. A breakout could open up new trading opportunities, while rejection might signal further consolidation or a move back within structure. Keeping an eye on price action for confirmation.
96 - 97 is the Immediate Resistance. Crossing 101 will make it further Bullish. In extreme cases: Support Zone is 88 - 92 Resistance Zone is 106 - 112
Cup & Handle Formation in process but Yes, there is a Bearish Divergence on Weekly Tf. Resisted exactly from the mentioned level around 118. Could not Sustain this level. Now Weekly Closing above 104 - 105 is important. Next Support lies around 96 - 97 If 118 is Crossed & Sustained, we may Target around 145 - 146.
Weekly Closing above 290 - 291 is very positive. Monthly Closing should not go below 263. 284 - 298 is actually a Very Strong Support. Resistance as of now is around 340 and then 360.
Looking for a continuation and gap fill on $HII. Trump admin looking to return shipbuilding to the US. Strong curling of MACD/RSI. Pretty simple thesis.
Harmonic Pattern (XABCD): X to A: Initial impulse down. A to B: Retracement. B to C: Another downward move. C to D: Strong bullish leg forming the completion point (D), which signals a potential reversal zone. Entry Zone: Highlighted in red around the 3,240 area, suggesting the analyst expects price rejection or reversal here. Target Zones: Three horizontal levels marked as “target” align with liquidity zones, indicating areas where price might move towards after reversal due to stop-loss clusters or previous consolidation. Support and Resistance: Prior resistance at around 3,045 is now acting as a potential support zone. Intermediate support and liquidity areas are layered as possible price action reaction zones. Red Arrow: Indicates the bearish bias or expected price drop after touching the entry zone. Analysis Summary: The chart suggests a short/sell setup at the current highs (around 3,240), with multiple downside targets down to 3,045.17. The harmonic pattern and the marked liquidity zones reinforce this bearish outlook, aiming to capture a retracement or reversal move.
My trading plan is very simple. I buy or sell when at three of these events happen: * Price tags the top or bottom of parallel channel zones * Money flow spikes beyond it's Bollinger Bands * Stochastic Momentum Index (SMI) at near oversold overbought level * Price at Fibonacci levels So... Here's why I'm picking this symbol to do the thing. Price in buying zone at bottom of channels Stochastic Momentum Index (SMI) at oversold level Money flow momentum is spiked negative and under at bottom of Bollinger Band Entry at $36.66 Target is upper channel around $44
? Welcome to TradeCity Pro. In this analysis, I want to review the GALA coin for you. It is one of the first gaming crypto projects, currently ranked 86th on CoinMarketCap with a market cap of 628 million dollars. https://www.tradingview.com/x/YLlaS8gE/ ? Weekly timeframe In the weekly timeframe, as you can see, a very long-term range box has formed between the zones of 0.01307 and 0.08243, and the price has been ranging between these two areas for quite a while. ? An interesting point regarding the volume within this box is that every time the price moved upward from the bottom to the top of the box, the volume increased, and during the price declines from the top to the bottom, the volume decreased. ? However, if we only look at the candles, we can see that the bearish momentum has been much stronger than the bullish momentum, and the probability of the bottom breaking is higher than the top. But this divergence between the price and the volume reduces the probability of the bottom breaking because, in my opinion, volume is more important than candles. ? Currently, this coin is located at the bottom area of its box, and we can say that there is a support zone between 0.01307 and 0.01547, which is almost the last support area for the price, and if this zone is broken, a new all-time low will be recorded. ? There is also an important area in the RSI, which is the 35.93 zone, and breaking this zone in the RSI increases the probability of breaking 0.01307. ? For buying this coin in spot, the trigger at 0.08243 is suitable, but in my opinion, even if this zone is broken, do not buy any altcoins until Bitcoin dominance becomes bearish. I personally will wait until dominance changes trend and, for now, will not buy any altcoins. ? The main target that the price might be able to reach is the 0.73643 zone, which is the all-time high, but considering that the inflation of this coin has been very high, the probability of reaching its all-time high is very low. ? Daily timeframe In the daily timeframe, we can review the last bearish leg that the price has had in more detail. ? As you can see, after the price reached the 0.06136 resistance and got rejected from this area, the bearish trend started and the price continued along a descending trendline down to the 0.01276 zone. ⚡️ Currently, the 0.01276 support is the most important support for the price, and as we saw in the weekly timeframe, if this zone is broken, a new all-time low will be recorded. The RSI entering the oversell zone brings bearish momentum into the market and helps the break of this zone. ? However, for spot buying in this timeframe, we can use earlier triggers. The best trigger is the break of the trendline, and currently, the trendline trigger is around the 0.01761 zone, and you can buy if this zone is broken. ✔️ An important point, as I mentioned in the weekly timeframe, is that Bitcoin dominance is still bullish, and as long as it does not turn bearish, buying any altcoin is not logical. ? 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! ❤️
My trading plan is very simple. I buy or sell when at three of these events happen: * Price tags the top or bottom of parallel channel zones * Money flow spikes beyond it's Bollinger Bands * Stochastic Momentum Index (SMI) at near oversold overbought level * Price at Fibonacci levels So... Here's why I'm picking this symbol to do the thing. Price in buying zone at bottom of channels Stochastic Momentum Index (SMI) at oversold level Money flow momentum is spiked negative and under at bottom of Bollinger Band Price near Fibonacci level Entry at $29.15 Target is upper channel around $36
To play it safe nowadays, play the D. There are still no signs when all this turbulence and irrational market behavior will end. Good luck.