? Welcome to TradeCityPro Channel! Let's go together to examine and analyze the Total 2 chart in the Dominance section, which includes all cryptocurrency coins except Bitcoin in its chart. ? Overview Bitcoin Before starting the analysis, as usual, we wanted to take a look at Bitcoin in the one-hour time frame, but we made an interesting decision with the team guys and decided to analyze Bitcoin for you every day with a poll that we posted in Telegram. Today's analysis was also uploaded before the start of the New York session and you can see it from the link below. https://www.tradingview.com/chart/BTCUSDT/pDLSj59x-TradeCityPro-Bitcoin-Daily-Analysis-1/ ? Weekly Timeframe In the weekly time frame, we were rejected from our ceiling, which is an important point of $1.62 trillion, and this makes the ceiling more and more important for us than ever. Let me also tell you a teaching point that I just pointed out to you on a candle on the chart, and these candles are mostly made at the market ceiling or a place where At least we are going to get rejected from it and it is an important resistance for us and they are usually red and have a longer shadow than the body from below. I suggest you watch them for a while so I can teach you. Also, if you are looking for an entry trigger for bull runs and spot purchases and anything else, your best trigger will be on the weekly time frame at 1.62 and after the break, good money will enter the market and our new primary trend will be formed and I will definitely enter myself. We also had another entry with the resistance level of 662 billion and it was mostly Ethereum, Solana and Link that we tried very hard to break 662 and be with it and I will try just as hard to break 1.62 and enter it. We are currently at the support of 1.13 and in case of a deeper market correction, we will move to the levels of 974 and 817. https://www.tradingview.com/x/USZ4tban/ ? Daily Timeframe On the daily time frame, the total two is very good and this shows that Alt Coins above rank 30 did not make a very deep correction, and if you look at the charts that you see had a deep decline, they are still correcting, and the main reason for the chart being this way is Solana, XRP, BNB, and SUI. Also, after breaking our good daily trend line and breaking the 974 billion box ceiling, we experienced a very good upward movement and moved to the 1.55 level and the important ceiling, and we actually suffered a heavy rejection, but because it was because of FOMO, we could not count on its resistance, but the pullback and future rejection formed the important resistance price of 1.55. After forming a daily range box of 1.32 to 1.55, which we had been suffering for a while, and the recent series was very weak, and it caused us to suffer a rejection halfway through and break the 1.32 support in a sharp manner and come to the 0.5 Fibonacci support, which is very important both in terms of Fibo and also in terms of Dow. 50% correction is very important and this could be the place where the price rises We will probably stay on this support for a while and suffer and then move up and if we lose 1.17 we will go for lower levels like 1.09 and 974 billion but the most important support that should not be lost is 797 billion but there is a long way to go https://www.tradingview.com/x/4M4zJ2qL/ ? Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! 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! ❤️
As stated on the chart: Failed trade because I took a bad one. Definitely gotta remember that trading with positive emotions is as bad as trading with negative ones. Get your mindset right, my god, lock in.
S&P500 is neutral on its 1D technical outlook (RSI = 54.592, MACD = 11.130, ADX = 24.014) as it is ranging between the 1H MA50 and 1H MA200. This consolidation is taking place near the top of the Channel Down, a pattern almost identical with January's. When that pattern broke to the upside, it almost hit the 1.5 Fibonacci extension. Our short term target is just under this level (TP = 6,210). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
? ? Stock: BKYS (NYSE) ? Timeframe: 30-Min Chart ? Setup Type: Ascending Triangle Breakout ? Entry Price: $17.60 - $18.00 (Breakout Confirmation Zone) ? Trade Plan: ✅ Entry Zone: $17.60 - $18.00 (Confirmed Breakout) ✅ Stop-Loss (SL): $16.53 (Below the ascending trendline) ✅ Take Profit Targets: TP1: $19.21 (First Resistance) TP2: $20.73 (Extended Target) ? Risk-Reward Ratio Calculation: Risk (Stop-Loss Distance): $17.60 - $16.53 = $1.07 Reward to TP1: $19.21 - $17.60 = $1.61 Risk-Reward Ratio to TP1: 1:1.5 Reward to TP2: $20.73 - $17.60 = $3.13 Risk-Reward Ratio to TP2: 1:2.9 ? Technical Analysis & Strategy ? Breakout Confirmation: Price moving above $18.00 with increased volume. ? Pattern Formation: Ascending Triangle Breakout, signaling bullish momentum. ? Support & Resistance Levels: $16.53 (Support/SL Level) $17.60 (Breakout Level) $19.21 (First Profit Target/Resistance) $20.73 (Final Target for Momentum Extension) ? Momentum Shift Expected: If price sustains above $18.00, we could see an upside rally towards $19.21 and $20.73. ? Trade Execution & Risk Management ? Volume Confirmation: Ensure strong buying volume above $18.00 before entering. ? Trailing Stop Strategy: If price reaches TP1 ($19.21), move SL to $18.00 to protect profits. ? Partial Profit Booking: Take 50% at $19.21, let the rest run to $20.73. Adjust Stop-Loss to break-even ($18.00) after TP1 hit. ⚠️ Fake Breakout Risk: If the price fails to hold above $17.60, be cautious and avoid entering early. ? Final Thoughts ✔ Bullish Breakout Setup – If price sustains above $18.00, strong move expected. ✔ Momentum Shift Possible – Volume increasing will confirm the trend. ✔ Favorable Risk-Reward Ratio – 1:1.5 to TP1, 1:2.9 to TP2. ? Stick to the trade plan, manage risk, and trade smart! ?? ? #StockMarket #BKYS #TradingSetup #TechnicalAnalysis #BreakoutTrade #DayTrading #MarketTrends #ProfittoPath
It is making the bullish flag. The green line is entry point and Blue line is to book profit.
The color levels are very accurate levels of support and resistance in different time frames. A strong move requires a correction to major support and we have to wait for their reaction in these areas. So, Please pay special attention to the very accurate trend, colored levels, and you must know that SETUP is very sensitive. BEST, MT
Brent crude TVC:UKOIL is breaking out of the downtrend that started in April 2024.
? Possible retracement to the resistance zone at 1.8330, followed by a decline toward the 1.8100 - 1.8150 support area. ? A break below the key support may lead to further downside movement.
This looks like an inverted Head and Shoulders doesn't it? I wouldn't be surprised if this right shoulder had a double-bottom.
Please pay special attention to the accurate trend, and colored levels. Its very sensitive setup, ...............