MARKET ANALYSIS TREND Bearish trend on both 1-hour and 5-minute charts, with lower highs and lower lows. MARKET STRUCTURE Bearish market structure on both timeframes, with significant breaks and lower lows. LIQUIDITY ZONES Key liquidity zones at 98,600 and 94,600 levels, attracting institutional interest. PRICE ACTION Bearish candlestick formations and resistance holding firm around 98,000 levels. TRADE SETUP SHORT POSITION Consider shorting around 98,000 level: ENTRY Look for buy-side liquidity sweep and bearish confirmation. STOPLOSS Above recent swing high (around 98,500). TAKE PROFIT -Take Profit 1: 95,500. -Take Profit 2: 94,700. Invalidation: Price moves above 98,500 with sustained bullish candles. Remember to wait for confirmation and avoid impulsive trades. Enter trades at your own risk.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 0.07/61.80% Chart time frame: B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
2 Grab this chart A few days ago, we accurately predicted the market movement before anyone else. The price rebounded from the trendline, fell to the resistance level that aligned with the resistance zone, and eventually broke through it. Following this breakout, the price continued to decline, even breaking through the support level before quickly reversing. After the reversal, the price surged sharply to the resistance zone but soon began to fall again, breaking through the 100,500 resistance level in the process. Later, Bitcoin dropped to the support level, which coincided with the support zone, and made an attempt to rise. However, it failed and pulled back to the 94,800 support level, where it traded for some time before bouncing back to the trendline. Recently, the price turned around and resumed its downtrend. Currently, I anticipate Bitcoin will rise to the trendline and then eventually fall below the support level. For this scenario, my target is set at 91,000, which lies below the support zone.
Technical Analysis: 1. Daily Chart: Strong bullish momentum with price breaking above previous resistance, supported by a high RSI (78.15), indicating overbought conditions but with continued buying pressure. MACD is bullish, with increasing histogram bars showing strong upward momentum. 2. 15-Minute Chart: Clear uptrend with higher highs and higher lows. RSI at 58.75 suggests room for further upside before overbought conditions. MACD is positive, confirming bullish momentum. 3. 3-Minute Chart: Short-term consolidation after a strong upward move. RSI at 37.14 suggests a potential pullback before continuation. MACD shows slight weakening but no bearish crossover yet. Fundamental Analysis: • Gold’s bullish momentum is likely fueled by safe-haven demand due to global economic uncertainties or potential dovish central bank policies. • No immediate signs of reversal in the larger timeframes, supporting a continuation of the uptrend. Trade Idea: Long Position • Entry: 2917.00 (Near short-term support from the 3-minute consolidation zone) • Stop Loss: 2906.00 (Below recent support and the psychological level of 2906.00) • Take Profit: 2940.00 (2:1 Risk-Reward Ratio, aligned with the next resistance level on the Daily chart) Rationale: • Entering at 2917.00 provides a good risk-to-reward ratio with a protective stop below key support. • The overall trend is bullish across all timeframes, and the 3-minute chart’s consolidation suggests a continuation of the uptrend. FUSIONMARKETS:XAUUSD
After a choppy market, market is giving good opportunity. Looking for DOGE for Long After Confirmation. #DOGE All Market sentiments are bullish. waiting for solid breakout confirmation for a Long Position. After triangle breakout we can seek for strong bullish move. Suggested small position for the big move. Best Regards, The Panda BINANCE:DOGEUSDT BINANCE:DOGEUSDT.P BYBIT:DOGEUSDT.P MEXC:DOGEUSDT.P OKX:DOGEUSDT.P
Don't take your eyes off the #JAILSTOOL, it is very close to its support points and due to the breaking of the previous resistances, it is more likely to fall, and if it breaks the important resistance ahead of 0.05117 , it can fall at least 20% according to the points I specified, and even much more to 0.02529 , be careful and always be profitable.
Price usually moves within a channel, but in many cases, this channel is not a traditional straight-line channel; instead, it follows a curved structure. Considering the recent bullish move and the fact that the ascending channel remains intact, the price will likely experience another upward wave, at least toward the previous ATH.
Hey Traders, in today's trading session we are monitoring US500 for a buying opportunity around 6100 zone, US500 was trading in a downtrend and currently is in a correction phase in which it is approaching the retrace area at 6100 support and resistance area. Trade safe, Joe.
Moving averages Macd Price action All says bullish probability is there
DOT/USDT is on downtrend The entire Market try to confuse with the low volutality and slow movements. DOT tried to break resistance on 5.27 area but instead it grabbed the shorts and stop losses and tried to convince you guys to open Longs. Clearly it is a bull trap cause it's next move is to go after Longs. And believe me they are a LOT.. Next Bull run is still couple of months away. Not sure yet as BTC/Dom rising steady. While BTC/DOM will reach 6000 then will be the perfect moment for longs. But at the moment try to avoid Long positions especially with high leverage. DOT will retest 4.3 area, it might push it a bit lower. We will see how market react then! Spreading your capital in this case would be ideal and not to open Big positions straight away. Remember, we are not day traders ,our job is to identify the trend! Stay safe and trade with extra cautious.. If you will open Shorts try to be covered at least 23.5% in the opposite direction. TRADE SAFE