? Welcome to TradeCity Pro! Let's delve into the analysis of Bitcoin and important crypto indices. Today, as usual, I aim to review the New York session futures triggers for you. ⏳ 1-Hour Timeframe In the 1-hour timeframe, as you can see, the price has pulled back to below the 84734 area again today. ? The short trigger we have for today is the break of 83808. With the break of this area, the price could move downwards. ✅ The important supports are at 82459 and 80105, which we can use as targets. ? For a long position, entering at a break of 84734 could be beneficial, with a target at 86876. ? BTC.D Analysis Moving on to the Bitcoin dominance analysis, a support was established yesterday at 61.43, creating a price box between 61.43 and 61.63. ? To confirm an upward trend in dominance, watch for a break of 61.63, and for a downward trend, a break of 61.43 will serve as a confirmation. https://www.tradingview.com/x/88YrFZ29/ ? Total2 Analysis Let’s talk about Total2; this index has broken its support at 1.04, and if Bitcoin also loses its support, it could move down to 1.01 again. ? If you don't have positions open, you might consider looking for altcoins that have not yet lost their support, or wait for Bitcoin. ? For long positions, the trigger for Total2 remains at 1.07. https://www.tradingview.com/x/9386YAiH/ ? USDT.D Analysis Lastly, analyzing Tether dominance, it has come back above 5.26, pulled back to this area, and is poised to potentially initiate an upward leg to 5.46. ✔️ The upward dominance trigger for Tether is a break of 5.31. With the break of this area, we can expect dominance to potentially rise again to 5.46. ? For downward dominance, a break of 5.26 is a suitable trigger. https://www.tradingview.com/x/cO7tC7j1/ ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Daily live trade with XAUUSD in 15m/30m/1h 20250321
The DAX40 continues to exhibit bullish sentiment, breaking out from a period of sideways consolidation and pushing toward previous resistance and all-time highs (ATH). The prevailing uptrend supports further upside potential, with key resistance levels in focus. Key Support and Resistance Levels Resistance Level 1: 23,446 Resistance Level 2: 23,815 Resistance Level 3: 24,000 - 24,420 Support Level 1: 22,467 Support Level 2: 22,204 Support Level 3: 21,870 Conclusion: The positive reaction to fiscal spending plans and geopolitical developments reinforces the bullish sentiment for DAX40. A sustained move above the nearest resistance at 23,446 could pave the way toward higher targets, while holding above support at 22,467 is crucial to maintaining the uptrend. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
In this video I break down multiple positions on FX:CADCHF through just the first week of December 2024. I hope this acts as a reminder to never switch off, you cannot afford to. Entering the holiday season early and dropping your guard can cost you a lot of money and potential scale-ups on capital.
Technical Analysis The price has reached the lower boundary of a descending channel structure, accompanied by suitable reversal candlesticks. It appears that with the beginning of the new month, we may witness an upward movement in this chart.
Gold hitting multiple support and resistance on the way down
XRP remains in a descending channel, facing strong resistance levels. The price has recently rejected the moving average, signaling potential downside movement. Fibonacci retracement highlights key support at $2.31 (0.786 Fib) and $2.02. If bearish momentum persists, a retest of the lower trendline is likely. The daily chart shows significant supply zones around 2.3265-3.4106 and 2.5032-2.6487, with additional selling pressure expected between 2.6487 and 3.0153. If the RSI remains below 60-65 within these ranges, XRP could roll over, initiating another bearish impulse wave. Monitoring lower timeframes for signs of trend reversals or uptrend violations can help confirm short entries and long exits. Should sellers regain control, daily demand zones are identified at 1.5414-1.2843 and 1.1222-1.0033, with Fibonacci retracements reinforcing these levels. Given XRP’s explosive rally in 2024, the monthly and weekly charts feature "tradeable voids" due to expanded-range candlesticks. While these large candles suggest momentum, they also indicate gaps in order flow, which could lead to rapid price movements if a correction occurs. If XRP sells off, price may decline quickly due to the lack of unfilled orders to absorb movement. Traders should remain cautious and use micro-timeframes to spot early signs of trend shifts and potential entry opportunities.
In this video I will be sharing my NZDUSD analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
the previous trend was bullish high in blue with an upward channel. after forming the head and shoulder,a bearish move is exected,as shown is downwards arrows. price is projected to break below the nickline and hit the lower target zone
GBP/JPY 30M - Our pending order was just missed late last night, as you can see price didn't quite come down enough to trade into the 50% mark our Demand Zone. Did any of you Asian Session traders manage to get in manually? I know those of you who are in the UK and Europe probably didn't hence the pending order. The trade above ran for + 84 pips. (+5%) 5RR The potential profits from this trade here could have been great for those of you who entered in manually, understandably those of you who typically trade the London and NY probably missed it just like I did. Nevertheless I wanted to provide you all with the trading opportunity and update you all on how it performed over night, well done to any of you who got in manually based on the penetration and rejection.