BTC/USDT 4H Chart ReviewHi everyone, let's look at the BTC to USDT chart, looking at the 4h time frame, we can see that the price is moving in a triangle where we are getting close to the exit and taking the direction of further movement.
In the short term, we can start by defining potential SLs in a situation where the price continues to correct:
SL1 = 94431 USD
SL2 = 92902 USD
SL3 = 91260 USD
SL4 = 88598 USD
However, if the price changes direction and the visible green candle starts to gain strength, it is worth moving on to setting goals for the near future, which include:
T1 = 96526 USD
T2 = 98225 USD
T3 = 99528 USD
T4 = 101113 USD
When we look at the additional indicators, we can see how the CHOP indicator and the RSI indicator are around the middle of the range, which indicates a possible movement in both directions, but here we also have the STOCH indicator, which shows an upward movement below the middle of the range, which in the short term may raise the price a bit more.
4hrchart
LINK/USDT 4h chart reviewHello everyone, let's look at the 4h LINK to USDT chart, in this situation we can see how the price is moving along the local upward trend line, but here we have bounced off the visible resistance at the levels:
T1 = $25.44
T2 = $26.71
T3 = $28.48
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $23.70
SL2 = $22.29
SL3 = $21.29
SL4 = $19.75
Sell, Sell, Sell GBP/USD from 1.26341Using both HTF and LTF analysis and comparing this to the Dollar we can see that the pound will drop this week.
From market open we can expect price to either take the ASH tapping into the 4H supply and continue in the downtrend from last week taking the ASL and further breaking structure to the downside.
However, there is also an ASH above so it is possible price may push up slightly in order to grab liquidity and continue pushing down. With the extreme bearish euphoric price movement price may have already taken enough liquidity in order to respect the ASH and just move to the downside with no point of entry.
Regardless of the way price decides to move when the markets open and asian session is in play, I expect price to push down as we have seen a heavy downtrend.
BTC broke $100,000!!!!Hello everyone, I invite you to review the current situation of BTC in pair to USDT on a 4-hour interval. As we can see, the price with a strong upward movement left the triangle in which we were moving.
The upward exit from the triangle provided the energy to break through $100,000 and currently we are approaching the resistance at $106,257, only when the price goes further will we be able to see a move towards $114,000.
However, if the current upward movement reverses, the support zone from $101,000 to $98,700 should be observed. However, when the support zone is broken, we can see the price quickly return to the level of $95,400 and then drop to around $90,000.
Gold - Short Position Based on Downtrend & Fib retracementThe sell entry can be at the 0.318 Fibonacci retracement level at 2683 or the nearby R1 resistance level at 2686, both of which offer potential entry points in the current downtrend. The stop loss is placed at 2750, above the recent lower high (LH), to manage risk effectively. The first take profit (TP1) is set at 2622 as an initial exit point, while the second take profit (TP2) is at 2558 to capture further downside if the trend continues. The chart structure shows a downtrend with a series of lower highs (LH) and lower lows (LL), favoring short positions. This downtrend will only be invalidated if the recent LH is broken, signaling a potential reversal, which would then require a series of higher highs (HH) and higher lows (HL) to confirm a new uptrend. Monitor price action near these levels and adjust as necessary if a trend change occurs.
EUR/USD Long Counter-Trend Setup (4H/8H Timeframes)I’m looking at a long counter-trend trade on EUR/USD based on several technical confluences across multiple timeframes.
Market Sentiment: Currently, risk sentiment is “risk-off,” which has pushed the dollar higher, but now we’re seeing signs of a potential reversal in both EUR/USD and the Dollar Index (DXY).
Key Observations:
Engulfing Candles on the Daily Timeframe:
Both EUR/USD and DXY have printed engulfing candlestick patterns on the daily chart. This could signal a potential reversal, with the momentum shifting in favor of EUR/USD.
Monthly 20 MA:
The 20 MA on the monthly chart is being tested on both EUR/USD and DXY, adding to the importance of the levels we’re currently observing. A bounce or break here could trigger significant moves in either direction.
5 EMA Hit Probability:
On the weekly timeframe, the 5 EMA lines up with my 4H target. Historically, if a session doesn’t hit the 5 EMA, the next one has a higher probability of doing so, something to be mindful of as we approach the weekly close.
Divergence on Multiple Timeframes:
MACD divergence is present on the 4H and 8H timeframes for EUR/USD, suggesting weakening downside momentum. Additionally, there’s a bearish divergence on DXY and a bullish divergence on EXY (Euro Index), further supporting the case for EUR/USD upside.
Conclusion:
With the alignment of these factors—candlestick patterns, moving averages, and divergences—this setup presents a solid opportunity for a long counter-trend trade on EUR/USD. While it’s a counter-trend trade, the confluences from multiple timeframes increase the probability of success. Keep in mind that this trade is aligned with technical signals and risk sentiment, so proper risk management is essential.
Happy Labor day SPY Lovers ! (4hr Chart Analysis)This is our 4-hour chart, and as you can see, I am linking it with the daily chart I published earlier.
What I want you to notice is the number of orders positioned at 544.58. We must take into account that on our daily chart, this is the second time the price has activated the institutional order block, and there was no intention of a breakout; it was simply rejected as we predicted last week.
The price on the 4-hour chart has only moved within a range and hasn't been able to surpass all-time highs yet. Looking at the chart, it gives me the impression that it might reject again.
No one knows what will happen; this is an analysis based on historical movements, price action, and smart money concepts.
Let’s see what Tuesday brings, but for now, enjoy your Labor Day!
Cheers, and thank you for supporting my analysis.
TRON: TRXUSD up 3% far today...very bullish...see below
This is TRON Crypto TRXUSD. It is currently a very bullish weekly candle & has broken out of the Weekly Cup & Handle Pattern.
On the 4HR there is a Head & Shoulders Pattern, it's looking a bit overextended but I think the Weekly price-action regarding the Cup breakout is keeping price very buoyant today.
I took 2 positions of 20,000 lots & 30,000 lots about 10 minutes. So I am not much ahead of you on this trade if you wish to take it.
* Trading is risky, also do your own research & never take my financial advice as a sole means.
XRP/USDT 4H IntervalHello everyone, let's look at the 4H chart of XRP to USDT, because you can see that the price has broken out of the descending triangle.
Let's start by setting goals for the near future that we can include:
T1 = $0.59
T2 = $0.63
T3 = $0.68
AND
T4 = $0.71
Now let's move on to the stop loss in case of further market declines:
SL1 = $0.56
SL2 = $0.50
SL3 = $0.47
AND
SL4 = $0.42
Looking at the RSI indicator, we can see that we are staying above the upper limit, which may indicate an attempt at price recovery.
A risky yet legitimate Head 'N' Shoulders pattern on 4HR FTMUSA
So long as the BTCUSD price holds up during weekend trading this might pop to the upside soon, let's see how it plays out or if I get hammered down. There are opposing sell Head 'N' Shoulders setups on this same trade which complicates things a bit.
Sol-Usdt 4h chart Hello everyone, I would like to invite you to a quick review of SOL/USDT, taking into account the 4-hour interval. As you can see, the price moved up from the local downward trend line, but currently there is a downward movement, staying above the trend line.
Moving on, we will move on to determining support and here the price is currently bouncing off the support at $142, then we have strong support at $130, and then a very strong support at $110.
Looking the other way, you can see how the resistance at $162 rejected the sudden upward movement, only when it overcomes it will it move towards the resistance at $176, and further towards the very strong resistance at $193.
The RSI indicator shows an ongoing trend of recovery after the increase, but there is room for a renewed upward movement.
Seeing a huge drop coming for GOLD this weekGOLD may retest 2318 area and complete an inverted head and shoulders, and then head up to resistance level which lines up perfectly on trendline resistance AND lines up perfectly at the 61.8% Fibonacci level, this is a very interesting level for these 3 lining up this trendline has been valid for months and very strong trendline resistance that has been tested multiple times. I suspect GOLD will plummet down to 2300-2280 by the end of this week, probably during London session as from my personal experience I have seen this happen multiple times and have taken this opportunity to profit off this pattern
moreover the DXY has been making impulses to the upside and healthy retracements to continue with another impulse this week if the trend continues, keeping on eye on news to support this bias and watching these levels on particular the 2340-2350 area
Will BTC hold up for collection?Hello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As we can see, the price remains at the upper limit of the downtrend channel
Let's start by determining the support line and as you can see, the first support on which the price is based is $66,150, if the support is broken, the next support is $62,510, then at $59,824, and then the fourth very strong support at the lower border of the channel at $56,532 .
Looking the other way, there is significant resistance at $68,248, and then just above the downtrend channel, there is a strong resistance zone from $72,012 to $74,000.
There is a visible downward trend on the RSI indicator, and each rebound gives room for another price drop, while on the STOCH indicator we remain at the lower limit, which should help maintain the price.
Arcblock triggering a h&s breakdown on the 4hr chart.If it reached the full breakdown target it will head to 3.12. However being a smaller time frame and a bearish pattern in the middle of a bull market cycle, it does decrease the odds of it hitting the full target. I think 3.12 would make for a solid correction for ABT after making such excellent gains the past few months. I do still think after it finishes this correction it is still likely to hit the full measured move target of the log chart bull flag it broke up from awhile back and that this bear pattern breakdown is simply a correction along the way. *not financial advice*
DOT/USDTHello everyone, welcome to a quick review of the DOT chart. As we can see on the chart, we are locally moving along a downward trend line. After unfolding the fib retracement grid, you can see the price staying above the strong support level at $7.04, then the support level at $6.73, and then the strong support level at $6.44. Looking the other way, you can similarly identify resistance points. And here we can see the resistance at the level of $7.17, the next important place is $7.40, after which we will be able to see an upward movement towards the resistance at the price of $7.77.
BNB/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the 4H BNB to USDT chart as we can see that we are getting close to trying to break out of the triangle.
Let's start by setting goals for the near future that we can include:
T1 = $600
T2 = $608.50
T3 = $614.50
T4 = $621
AND
T5 = $643.50
Now let's move on to the stop-loss in case of further market declines:
SL1 = $595
SL2 = $583
SL3 = $573.50
AND
SL4 = $563
When we look at the EMA Cross 50 and 200 indicator, we will see the yellow ema cross 50 line staying above the blue ema cross 200 line, which confirms that the uptrend is continuing.
Will XRP rebound from the lower border of the channel?Hello everyone, let's take a look at the XRP to USDT chart on a 4-hour time frame. Let's start by defining, using white lines, a sideways trend channel in which the price moves at its lower border.
Let's start by determining the support and as you can see, first of all, as support, we have a support zone from $0.50 to $0.45, when the price drops below this zone, the next support is at $0.37, and then support at the price of 0.32 $.
Looking the other way, we can see a resistance line at $0.58, then at $0.62, the third resistance at the upper border of the channel at $0.69, and then we can see an increase to around $0.84.
When we turn on the EMA Cross 50 and 200 indicator, we can see how the yellow line tries to cross the blue line at the bottom, which would indicate entering an upward trend.
DOT/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the DOT to USDT chart on a 4-hour time frame. As you can see, the price is moving in the upward trend channel, at its upper limit.
Let's start by determining the support and as you can see, the first support in the near future is $7.31, if the support is broken, the zone from $7.07 to $6.89 is visible, then we can go down to the level of $6.67 and then in In the event of a bottom exit from the upward channel, the drop may result in a price around $6.
Now let's move on to the resistance line, as you can see the first resistance is $7.39, if it manages to break it, the price will have to break the resistance zone from $7.68 to $7.89 and then it will move towards the resistance at the price of 8.17 $.
Looking at the EMA Cross 20 and 50, they indicate the return of the yellow line above the blue, which indicates a change to an uptrend. However, here it is worth paying attention to the RSI indicator, which shows how we are approaching the downward trend line, and in addition, on the STOCH indicator we are at the upper limit, which may translate into a change in direction.
Will Solana stay on current support?Hello everyone, let's look at the 4H SOL to USDT chart, as we can see the price is staying in the sideways trend channel marked with blue lines.
Let's start by setting goals for the near future that we can include:
T1 = $145.9 was rejected
T2 = strong zone that effectively reverses the price from $153-$163
AND
T3 = $189
Now let's move on to the stop loss in case of further market declines:
SL1 = $143.4
SL2 = $133.56
SL3 = $126.48
AND
SL4 = $117.53
Looking at the RSI indicator, you can see that we are moving around the middle of the range, which gives a possible move in both directions, but the STOCH indicator is moving at the lower border, which should result in an upward price rebound if the price stays at the current support.