new trade new day in eurpe market reason is > the market in re-distribution phase
? Asset: Polkadot (DOT/USDT) ? Timeframe: 1D (Daily) ? Exchange: Bybit ? Market Overview: DOT/USDT has been trading within a well-defined descending parallel channel, indicating a prolonged downtrend. However, recent price action suggests a potential trend reversal fueled by bullish signals. ? Key Technical Factors: ✅ Break of Structure (BOS): The price has started to break key structural levels, signaling an early shift in momentum. ✅ Strong Hammer Candle Formation: A bullish hammer appeared at the lower boundary of the channel, indicating buying pressure and potential bottoming out. ✅ Mini & Major Change of Character (ChoCH): A breakout above the mini ChoCH ($6.00) would confirm an early bullish reversal, while a move above the major ChoCH ($7.00) would solidify the bullish trend. ? Potential Trade Setup: Bullish Scenario: If DOT/USDT breaks out of the descending channel and successfully flips resistance into support (~$6.00), it could push towards $7.00 - $9.00 in the coming weeks. Bearish Scenario: If the price fails to break out and gets rejected at resistance, we may see a retest of the lower levels (~$4.00 - $4.50) before a stronger move. ? Conclusion: DOT/USDT is showing promising signs of a trend reversal, but confirmation is needed above key levels. Watch for breakout confirmation and volume surge to support the bullish momentum. ? Stay updated & manage risk accordingly! ? #DOT #Polkadot #Crypto #Trading #TechnicalAnalysis
Hello traders, On Wednesday, the internal alert stated: "On Wednesday, we are waiting for a new sideways trend in crude oil. Crude oil may experience a short-term decline followed by a pullback around the opening time of the European and American markets. Participation is not recommended!" On Thursday, in the four-hour chart, the C wave of crude oil is oscillating sideways at an extreme position, and there is a high probability of a certain degree of pullback! Pay close attention to the previous support level of 70.00, which is also a key psychological price level. You can consider taking a light position to go long on crude oil! TP1: 70.00 TP2: 70.35 GOOD LUCK! LESS IS MORE!
Hello Traders, If you have been following bitcoin price movement especially since December 2017 when BTC made the first significant high close $20,000, you would understand that with crypto, anything is possible. It took 7 years for BTC to move from sub $20,000 to $109,358 representing approximately 550% Return On Investment (ROI) for those that bought the high of December 2017 before BTC dropped to the low of $3,131.70 in December 2018, exactly a year after representing a drop in excess of 84% in a space of 12 months. Are we going to see a similar drop in 2025? Maybe not but I have learn one thing about Cryto market, that is, investors are not stupid and they usually would like to buy the lows and sell the highs. It is a simple business logic and we see that happen with every commodity can can be traded in the forex market, including stocks, metals commodities and the likes and the footprint of the institutions, hedge funds and other market investors who have the financial muscle to move price in the market are everywhere on the charts. One thing I can tell any trader who is still trying to overcome trading with emotions or probably still believe that Fundamental is everything when it comes to crypto market is to start paying attention to details and technical analysis more seriously. I can tell everyone for free that fundamentals are usually embedded in technical analysis but that can only be seen by traders who always pay attention to the bigger picture that only be seen on higher time frame as the nose level in lower times as the market usually looks choppy with countless candlesticks. In my over 10 years of my trading journey, one thing that keep stirring at me in the face is the need to simply always do my job as a technical analyst, focusing on Higher timeframe *Weekly and monthly or higher) and wait for price to do its thing whilst avoiding the noise in Lower time from. Patience always win in the market. Trade carefully and apply proper risk management!
"SALAM " (Al Salam Bank) Recently bounced from a Daily Demand Zone, and breaking the downward correction trend line. Buying Opportunity: The stock is currently at a discounted level and likely to resume the up trend again. Trade safe.. :)
After a long time, Bitcoin finally had a breakdown from the neckline zone and reached our first target zone of 200 EMA. Now, as logical, we saw a buy volume buying up, but that's the way markets move: we fall hard, we recover, we push hard, we correct! For now we expect a little more upward movement and then the major target should be reached with 200EMA being broken first. Swallow Team
Gold 2954 Jupiter line and dn it goes 2877 is Neptune and Node line and see how it unfolds
already in buy hedge zones bottom wicks for longs Check out our socials for some nice insights. Let us know if there're any pair you like to see or if this is something you like. Do ask if you have any question Not as refined as our direct trade setups. More for advanced active traders. information created and published doesn't constitute investment advice! NOT financial advice
Yesterday, Bitcoin broke through the buyer’s zone of $89,000–$86,300 (accumulated volumes), and the main scenario now is the continuation of the downward movement. At the moment, we are testing this zone from the opposite side. If a reaction occurs, we consider a short; if there is no reaction, Bitcoin is likely to return to the global sideways range. Sell Zones: $107,000–$109,000 (volume anomalies). $97,500-$98,400 (aggressive selling volumes). $95,000-$96,700 (accumulated volumes). $91,300-$92,600 (accumulated volumes). $86,700-$89,600 (mirror zone, volume anomalies). Buy Zones: $77,000-$73,000 (volume anomalies, aggressive buying volumes). Interesting Altcoins For one of the coins we analyzed yesterday, AVAAI , we almost reached the volume zone of $0.053-$0.049 and instead formed a new volume zone at $0.0567-$0.0545, increasing the chances of a full-fledged long movement. Considering one of the scenarios marked on the chart: https://www.tradingview.com/x/6L2rFKtZ/
Here on Xauusd price has for a demand around area of 2889.489 and is likely to continue going up s o trader should go for long with expect profit 2913.871 and 2944.199 . Use money management