Yello, Paradisers! Could #TONUSDT be on the verge of a breakout or heading deeper into bearish territory? Read this before you trade! ?#TONUSDT is currently trading within a falling wedge formation, which hints at a potential bullish reversal. The price recently tested a critical demand zone at $5.124, a level that has historically served as strong demand. A liquidity sweep below the wedge's lower boundary suggests that sellers might be losing momentum. However, for a bullish outlook to be validated, we still need confirmation of buyer strength stepping in to trigger a rebound. ?On the upside, the descending resistance of the wedge has proven to be a persistent obstacle, rejecting multiple previous breakout attempts. A decisive breakout above this resistance could propel the price toward the next major resistance at $6.085. If #TON clears this level with strong momentum, the rally could potentially extend further into the $6.859–$6.974 zone, where stronger resistance is expected to emerge. ?On the downside, if the demand zone at $5.124 fails to hold, the price could dip into the strong support area near $4.652. A breakdown below this level would invalidate the falling wedge pattern, exposing the price to further bearish pressure and potentially driving it down to $4.221. Strive for consistency, not quick profits. Treat the market as a businessman, not a gambler. This is the only way you’ll make it far in your crypto trading journey. Be a PRO! MyCryptoParadise iFeel the success?
The chart shows how I think the waves have played out for Goog (and Googl). The last 5 waves (in green), is an ending diagonal, which explained the overlapping waves.
Dear Friends, In reply to one of my friend about DOGS, i think it touches 0.0002 and then an uptrend to 0.00068 afterward (17th March 2025). The lower market cap. allows the market makers to play with new listed coins, and Dogs, as you can see in the chart , is one of them. so you may buy it at 0.0002 (1/3 spot) and in case of any lower price you may add with the target of 0.00068. You may check other coins as XRP, DOGE, FIL, LINK, UNI etc. and wait to hunt DOGS at bottom price!. good luck and my warm regards,
Hello Everyone, Here’s the latest update on the GOLD weekly chart we’ve been monitoring and trading, offering a detailed overview of the current range. On the weekly timeframe, a strong resistance level is identified at 2790, which could trigger a reversal. As of now, we recommend holding off on trades since the price could reverse at any moment. Let’s wait for the NY session and keep our positions light. To streamline your trades, we’ve outlined ENTRY LEVELS and TAKE PROFIT (TP) targets (TP1, TP2, TP3) based on the EMA5. The EMA5 crossing and sustaining above these weighted levels will determine subsequent targets. Key Update: ENTRY LEVEL: 2735 If a candle closes above this level and the EMA5 crosses it for confirmation, we will consider bullish entries. First Target (TP1): 2877 To achieve the second target (TP2: 3018), wait for the EMA5 to close and lock above 2877. Use the same strategy to target TP3: 3160 Rejection Scenario: For ranging markets, focus on smaller timeframes (15M, 1H, 4H, 12H, Daily) to buy dips from weighted levels. Target 120–140 pip moves, which are effective in these conditions while minimizing the risks associated with longer-term positions. Dip-Buying Strategy: Continue buying dips at support levels, aiming for 120 - 140 pips per trade. Each level structure typically provides 60 - 80 pip bounces, making it ideal for accurate entries and exits. Keep an eye on the EMA5 crossing and locking above or below the ENTRY LEVEL to confirm the next directional range. Stay sharp and trade smart! TheQuantumTraders
I'm long for the rest of the day. Be careful with money management.
The price perfectly fulfilled my last idea. It reaced the target zone. As I mentioned previously, the price is approaching November high and last year's, which is also the all-time high level. I think at the resistance zone around 2770-2780, there’s a good chance the price will bounce, creating a small pullback. I expect the market to seek liquidity above the November high before moving to lower levels, as markets typically do not break through strong levels easily. Breakouts usually occur on the third or fourth attempt. Therefore, given that we don't have any high-impact news today, I expect a rejection at resistance followed by a bearish move. My goal is support zone around 2705 https://www.tradingview.com/chart/XAUUSD/8zFfdL2J-Lingrid-GOLD-Weekly-Price-Outlook/ Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
This is my thesis regarding an altseason that excludes the dominance of the top 10 cryptocurrencies. I believe we still have the potential for a massive altcoin season, though the exact timing remains uncertain. However, this wave count provides valuable hints and clues, suggesting that a significant altcoin rally is on the horizon. It’s all about finding the right timing. I anticipate that Bitcoin reserves and further crypto adoption by institutions will serve as key bullish catalysts, propelling the market into a major altcoin season.
Breaking the resistance of 0.94400 on the third try, marked new HH, and completed retracement at .50 Fib. These are some bullish confluences that indicate the bullish trend for this pair. I have placed the buy-stop order to confirm a bullish move.
Volume is one of those metrics that often sits quietly at the bottom of your chart, unnoticed by many traders. Yet, it plays a critical role in understanding the market’s behaviour. Think of volume as the fuel behind price movements—without it, even the most promising breakout can fizzle out. But, just like with fuel, more isn’t always better. Today, we’re focusing on the simple volume histogram that appears at the bottom of most charts. While there are countless indicators built around volume—like On-Balance Volume (OBV) or the Volume-Weighted Average Price (VWAP)—the histogram is a straightforward, effective tool for gauging participation in the market. Let’s explore how to use it, how to put volume into context, and how it behaves with different price patterns, including the concept of volume divergence. Simple Volume Histogram https://www.tradingview.com/x/vxzswjVO/ Past performance is not a reliable indicator of future results Why Volume Matters (and Why More Isn’t Always Better) Volume measures how many shares or contracts change hands during a given period. When volume spikes, it signifies heightened interest—buyers and sellers actively engaging. However, it’s not as simple as “more volume equals better signals.” For instance, a breakout on high volume often reflects strong conviction, but it can also indicate exhaustion at the end of a trend. Conversely, a low-volume breakout might lack the interest needed to sustain the move. Understanding the relationship between volume and price action is key to avoiding false signals. A Simple Trick: The Volume Moving Average One of the easiest ways to contextualise volume is by applying a moving average to the volume histogram. Platforms like TradingView make this simple: double-click the volume histogram, select ‘Style,’ tick the Volume MA box, and adjust the average length under ‘Inputs.’ A 9-period moving average, for example, acts as a baseline. When volume spikes significantly above the average, it suggests increased participation and potentially more meaningful price moves. Conversely, volume below the average often reflects quieter market phases. Adding MA to Your Volume Histogram https://www.tradingview.com/x/oUNFnQmQ/ Past performance is not a reliable indicator of future results Volume Divergence: When Volume and Price Don’t Align Volume divergence occurs when price action and volume move in opposite directions, often hinting at weakening trends or potential reversals. Imagine an uptrend where the price makes higher highs, but volume decreases at each new peak. This divergence signals fading participation, suggesting the trend may be losing steam. On the other hand, if the price trends lower while volume rises, sellers could be gaining momentum, increasing the likelihood of further downside. Take the example below, where volume divergence on the FTSE 100 preceded a period of sideways consolidation. Volume Divergence: FTSE 100 Daily Candle Chart https://www.tradingview.com/x/xdk3VsCA/ Past performance is not a reliable indicator of future results Patterns That Thrive on High Volume Certain price patterns rely on strong volume to confirm their validity. A classic example is a triangle breakout. As the price consolidates within the triangle, volume often contracts. When the breakout finally occurs, you want to see a surge in volume, confirming that participants are backing the move. Without it, the breakout might lack the conviction needed to sustain the trend. Patterns That Prefer Lower Volume Other patterns work best with subdued volume. A pullback within a trend is a great example. Let’s say a stock is in a strong uptrend and starts to retrace slightly. Ideally, you want to see declining volume during the pullback. This suggests the selling is more about profit-taking than aggressive distribution. Once the pullback completes and the trend resumes, volume should pick up again. If the pullback occurs on high volume, it could indicate stronger selling pressure, signalling that the uptrend might be in trouble. A Practical Example: DXY Pullback and Breakout Let’s apply these concepts to a real-world case. In October, the dollar index (DXY) formed a steady uptrend followed by a pullback, creating a descending channel or bull flag. During the flag formation, average volume declined, indicating reduced selling pressure. When the price broke out, volume surged to nearly triple the 20-day average—a clear signal of strong buying interest. This breakout led to a multi-week uptrend. DXY Daily Candle Chart https://www.tradingview.com/x/ULgo9Sip/ Past performance is not a reliable indicator of future results Final Thoughts The volume histogram is a simple yet invaluable tool for traders. By applying a moving average to identify volume trends and watching for divergences between price and volume, you can gain a clearer understanding of market dynamics. Volume isn’t just about how much activity is happening—it’s about when and how it aligns with price action. Whether you’re trading breakouts, pullbacks, or reversals, understanding volume can provide an essential layer of confirmation and help you spot potential warning signs. Keep in mind, volume is just one piece of the puzzle. But when used correctly, it can give you a better sense of whether a price move has the backing it needs to succeed—or if it’s running on empty. Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
The analysis is valid as long as the triangle does not break upwards.