Get started

Analysis

#BTC 1D: Correction Phase – Key Buy Levels Marked!The correction I previously warned about has occurred. After a strong rally, the asset's price has stabilized and is now fluctuating within a narrow range (sideways movement), which is a natural correction phase. Most of the trading volume for #BTC is concentrated around $89,216, a key support level where buyers may step in to sustain the price. In the short term, I expect the price to continue moving sideways, with potential bounces or reactions primarily around $89,216—a critical support level. For those trading on the spot (or futures?) market, I suggest considering buying or averaging positions at $89,200, $85,304, and $81,216. DYOR.
Short
by trendbooster
#ADA 1W. Will Trump Boost the Price? 11/25/24Rumor has it that one of the ADA team members is friends with Trump, who has already discussed the integration of cryptocurrency into broader development processes. This could, in turn, influence the price of #ADA. An entry into the position can be considered with 3 limit orders: 15-40% from the current level and 2 more pending orders. Exiting the position will also be done with 3 limit orders. Once the first take profit is hit, I’ll move the stop-loss to the entry point. Wishing everyone profits!
Long
by trendbooster
1
TradeCityPro | GBPNZD Analysis Ready to Move👋 Welcome to the TradeCityPro channel! Let's start this week's market by analyzing the GBPNZD pair for potential triggers in futures. We'll keep it concise! 🌍 Fundamental Overview GBP: The British pound remains under pressure due to persistent economic slowdown and uncertainty around the Bank of England's policy, with inflation softening but still above target. NZD: The New Zealand dollar is supported by stronger commodity demand and recent hawkish signals from the Reserve Bank of New Zealand (RBNZ), which is holding interest rates steady but remains cautious of global economic conditions. Result: Diverging monetary outlooks and commodity trends make GBPNZD sensitive to risk sentiment and trade flow shifts. 📊 Weekly Timeframe In the weekly timeframe, like most currency pairs, we are in a range but have broken the lower box and are now ranging in a higher box. Additionally, the chart shows a curve-like upward movement, forming higher lows, indicating an uptrend, but recently, the trend has significantly weakened, and the candlesticks are getting smaller. If the curve line breaks, the price can move to 2.10640. If the curve supports, the price may head towards 2.16990 and possibly break this significant resistance. ⏱ 4-Hour Timeframe In the 4-hour timeframe, there is a descending trendline, forming lower highs and creating compression. 📉 Short Position Trigger: Triggered by rejection from the trendline or a break of the 2.14309 support level, targeting 2.12359. 📈 Long Position Trigger: Triggered by a breakout above the trendline and 2.15606, targeting 2.18194. 📝 Final Thoughts 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! ❤️
Long
by tradecitypro
3
S&P 500 Technical Analysis Ascending Triangle vs Rising Wedge I've identified two potential patterns on the S&P 500 SP:SPX chart: Ascending Triangle (blue trendlines): Higher lows and flat highs, with breakout potential above the flat top or a breakdown below the higher lows. Indicated by blue arrows. Rising Wedge Developing (red trend lines and arrows): Higher highs and higher lows, with a potential bearish breakout below the lower trend line or a less common bullish breakout above the upper trend line. Red arrows highlight the touch points on the rising wedge pattern. Pattern Rules: For a valid pattern, the following rules apply: Ascending Triangle: At least two higher lows Flat highs Decreasing volume Breakout above the flat top or breakdown below the higher lows Rising Wedge: At least three touch points on each trend line (I will use as few as 2) Higher highs and higher lows Decreasing volume Breakout below the lower trend line or above the upper trend line (less common) Quick Review for Beginners: New to chart patterns? Here's a quick rundown: Higher lows: A series of lows that are higher than the previous ones. Flat highs: A series of highs that are roughly the same level. Decreasing volume: The trading volume decreases as the pattern forms. Breakout: When the price moves above or below the pattern's boundary. Trend lines: Lines drawn to connect the highs or lows of a pattern. Keep in mind that chart patterns are not a guarantee of future price movements, but rather a tool to help identify potential trends and trading opportunities.
SP:SPXLong
by Paul_Hodls
AGAIN WITH EURNZD, IS THIS A REVERSAL OR A PULL BACK?EURNZD is currently making a channel move on the 1h which indicates a pull back to previous weekly close. now we are looking for price reaction at 1.79500, a double top forming at this zone will indicate the coming in sellers to drive the price lower. this trade can make as much as 1:7. LOOKING for price to for an engulfing candle on the 1h and 4h or a pin bar candle on the 1h and 4h from this price level. 1.79500 is a key levle.
Short
by wizzywise1
Fundamental Market Analysis for November 25, 2024 EURUSDThe US Dollar may strengthen as the latest US PMI data reinforces the likelihood that the Fed will slow the pace of rate cuts. The Euro faced challenges as the latest HCOB PMI data pointed to continued weakness in Eurozone business activity. EUR/USD recovered from the two-year low of 1.0332 recorded on Friday and traded near 1.0480 during Monday's Asian session. The rebound could be attributed to a correction in the US Dollar (USD) despite strong preliminary S&P Global US Purchasing Managers' Index (PMI) data released in the previous session. Meanwhile, the US Dollar Index (DXY), which tracks the performance of the USD against six major currencies, slipped to 107.00 after hitting a two-year high of 108.07 on Friday. However, downside risks to the U.S. dollar remain limited as recent economic data has reinforced expectations that the Federal Reserve (Fed) may slow the pace of rate cuts. The S&P Global US PMI composite index rose to 55.3 in November, indicating the strongest growth in private sector activity since April 2022. The US Services PMI rose to 57.0 from 55.0 in October and well above market expectations of 55.2, marking the sharpest growth in the services sector since March 2022. Meanwhile, the US manufacturing PMI rose to 48.8 from 48.5 in October, matching market forecasts. Trade recommendation: Watch the level of 1.0480, when fixing below consider Sell positions, when rebounding consider Buy positions.
by Fresh-Forexcast2004
1
Our beloved Gold🌟 GOLD WEEKLY FORECAST 🌟 The price is moving within an ascending channel, indicating a bullish trend ✓ Sell Zone: Between $2,724-$2,734, indicating resistance where selling pressure could increase. (A breakout above the Sell Zone could target the Strong Sell Zone.)If the price sustains above the Sell Zone, further bullish movement toward the Strong Sell Zone is anticipated . ✓ Strong Sell Zone: Above the $2,758-$2,764 range, marked as a potential reversal area. A breakout below $2,716 (highlighted level) could lead to the retracement or the Strong Buy Zone. ✓ Strong Buy Zone: Around $2,686-$2,692, a key support area for potential buying opportunities. Retracement Zone: Below the $2,686 level, indicating a potential bearish retracement zone.
FX:XAUUSDLong
by salamanderfx
$BTC Analysis update: What's Next ?** CRYPTOCAP:BTC Analysis: What's Next?** As you can see, CRYPTOCAP:BTC has completed its previous consolidation phase, which lasted six months. The recent *Trump election pump* coincided with the end of that phase, leading to a new, massive parabolic rally. However, signs are emerging that the market is overheating: - **RSI**: Indicates overbought conditions, suggesting a correction is due. - **MACD**: Overheated and also signaling an impending correction. On a **weekly timeframe**, history tells us that similar situations have resulted in sideways movement for about six months, with a 30–40% downside, before the next major rally begins. --- ### Will This Trigger an Altseason? Most likely, yes. During these cooling-off periods, investors often turn their attention to altcoins, which tend to be more active and engaging during such times. --- ### MACD Insights By counting the bars on the MACD, it looks like we might have **two more weeks of upward movement** before an EMA crossover signals the start of consolidation. --- ### Looking Ahead The next major pump could occur around **May**. Let’s see how this unfolds. **Remember:** Do Your Own Research (DYOR).
Short
by CryptoNikkoid
6
NEAR/USDT: Bullish Momentum Backed by MRI and Ecosystem GrowthBINANCE:NEARUSDT NEAR/USDT is shaping up for an exciting 2024, with bullish signals and significant ecosystem developments fueling its momentum across all timeframes. This idea explores how the Momentum Reversal Indicator (MRI), combined with key technical indicators, positions NEAR for potential upside in the next 3 to 6 months. Technical Analysis Overview Daily Timeframe MRI Setup : Green Setup 4 (bullish continuation). TI Risk Line : 6.567, limiting downside risk. Support: Strong support at 3.808. Resistance : None active, offering room for growth. Weekly Timeframe MRI Setup: Green Setup 3, confirming medium-term bullish momentum. TI Risk Line: 6.127 (well below the current price). Support/Resistance: Weekly support at 1.046 with no active resistance. Monthly Timeframe MRI Setup: Green Setup 1, marking the start of a long-term bullish trend. TI Risk Line: 0.628 (significantly below current price). Resistance: Key resistance at 19.788, leaving a substantial upside. Supporting Indicators Moving Averages: NEAR/USDT is trading above the 50-day and 200-day MAs, with a potential Golden Cross forming. RSI: Neutral to slightly bullish, allowing upward movement without overbought conditions. Fibonacci Retracement: The price is above the 38.2% retracement (5.610), confirming strong bullish support. Trendlines: Consistent respect for upward trendlines reinforces bullish sentiment. Trade Setup Action: Go Long. Entry : Near 6.556 or on pullbacks to 6.500. Stop Loss : Below 6.100, just under the Weekly TI Risk Line (6.127). Take Profit : Short-Term Target : 8.000. Medium-Term Target: 10.000. Bold Prediction for 6 Months If NEAR Protocol’s AI and Nightshade 2.0 upgrades gain traction, and market conditions remain bullish, NEAR/USDT could achieve $15 to $20 in the next 6 months. Key drivers include: Ecosystem adoption from AI integration. Increased DeFi activity via Infinex partnerships. Scalability improvements from Nightshade 2.0. BINANCE:NEARUSDT presents a strong bullish opportunity with high-probability setups across all timeframes. While risks such as market volatility and project execution remain, the upside potential is significant. What do you think? Are you bullish or bearish on NEAR? Let’s discuss below! 🚀
Long
by hydtie
Sell TURBO/USDT Triangle Breakout in H4The TURBO/USDT pair on the H4 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming Days. BINANCE:TURBOUSDT Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.0081 Target Levels: 1st Support – 0.0047 2nd Support – 0.0023 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
22
#ADA. THIS COIN WAS BUILT TO PUMP! ANALYSIS FROM 11/19/24Previously, the price formed an ascending parallel channel pattern, which worked out perfectly. After breaking out of the structure (correction) at the $0.3532 - $0.3112 level, a buyer stepped in, allowing the price to recover and the upward movement to continue. Buying is possible from the current levels if you're not afraid of potential drawdowns. For a more conservative entry, you can consider the $0.7000 - $0.6600 range. My personal targets from the current levels are: $0.8180 $0.8800 $0.9800 A stop-loss can be placed at the $0.5800 level. The coin is currently in accumulation, and during this accumulation phase, I expect it to "fuel up" completely, allowing for a strong takeoff and sustained time "in the rocket." DYOR.
Long
by trendbooster
2
#NOT 4H. Symmetrical triangle and potential for growth. 11/20/24Looks solid. At the moment, the price has formed a "symmetrical triangle" pattern. I expect a bit more sideways movement, followed by a breakout and an upward move. I believe the launch of new tap-to-earn tokens in November will drive growth across the entire Ton ecosystem. From the current levels, I anticipate at least a 50% increase without leverage. You already know the mid-term targets for Notcoin. Well, these are my targets and my opinion—it's up to you to decide what to do with these thoughts.
Long
by trendbooster
1
HelenP. I Euro will make move up and then continue to declineHi folks today I'm prepared for you Euro analytics. If we look at the chart we can see how the price entered to downward wedge, where it at once rebounded from the trend line and dropped to resistance 2. Then the price broke this level, after which turned around and rose back to resistance 2 and even rose a little higher. Euro some time traded inside the resistance zone, after which continued to decline inside the wedge, breaking resistance 2 one more time. Later price declined to one more resistance zone, which coincided with resistance 1, and then rebounded and started to trades near this area. Some time later, EUR reached the trend line, which is the resistance line of a wedge, and then turned around and continued to decline. In a short time, the price broke resistance 2 and dropped to the support line of the wedge, but recently it rebounded and started to grow. For this case, I expect that EURUSD will almost rise to the resistance level and then continue to decline inside a downward wedge. That's why I set my goal at 1.0300 points, which coincides with the support line of the wedge. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
5
Gold can turn around in seller zone and start to declineHello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price entered to upward channel, where it some time rose near the support line and later rebounded up to the 2570 support level, which coincided with the buyer zone. Then price made a retest and later continued to grow to a resistance line of the upward channel. When Gold reached this line, it turned around and made a correction movement to the support line, after which bounced and rose to the resistance level. Soon, the price broke this level, which coincided with the seller zone, and rose to 2790 points, after which turned around and started to decline. In a short time, XAU fell to the support line of the channel, and exited from it, breaking the 2705 resistance level as well. Then the price dropped to the buyer zone, where it some time traded and then turned around and made a strong impulse up. Price reached resistance level again and now it trying to break it one more time. In my opinion, Gold can enter to seller zone, turn around, and start to decline. For this case, I set my TP at 2630 points. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
13
SHOCKING! 40% tariffs on Chinese imports!According to a survey of economists by Reuters, the U.S. is considering imposing nearly 40% tariffs on Chinese imports early next year. Such measures could slow the growth of the world’s second-largest economy by 1%. Economists polled by the publication, both Democrats and Republicans, believe these changes will trigger massive disruptions in the U.S. and global economies, surpassing the impact of the trade wars during Trump’s first term. They warn this could ignite a “global trade war.” During his presidential campaign, Donald Trump promised significant tariffs on Chinese goods as part of his “America First” trade policy. These potential tariffs, much higher than the 7.5%-25% rates of his first term, come at a vulnerable time for China’s economy, which is grappling with a prolonged real estate slump, debt risks, and weak domestic demand. Most economists predict Trump will impose the tariffs in early 2025, with an average estimate of 38% and projections ranging from 15% to 60%. These tariffs are expected to reduce China’s economic growth in 2025 by about 0.5-1.0 percentage points. What could Trump’s policy lead to? Chinese indexes: Chinese stock indexes like #ChinaA50 and the Hang Seng Index (#HSI) are expected to face downward pressure. Chinese corporations: Key sectors such as electronics, automotive, and textiles—heavily reliant on exports to the U.S.—are likely to suffer the most. Major Chinese corporations, including #Alibaba and other leading players, could see their stock values decline. U.S. Indexes: American indexes like #SP500 and Dow Jones (#DJI30) might experience short-term volatility. Tariffs will raise costs for U.S. companies dependent on Chinese supplies, such as those in tech, automotive, and consumer goods sectors—companies like #Apple, #Tesla, and #Nike may face increased production costs. This could reduce profitability and potentially lead to stock corrections. In the long term, however, the U.S. might benefit from the trade war, as it could boost domestic production, positively impacting American manufacturing stocks. FreshForex analysts predict a growth phase to begin in late Q1 2025 . At the same time, on November 14, investors sharply increased short positions in Asian currencies following Trump’s tariff announcements.
TVC:HSIShort
by Fresh-Forexcast2004
Sell GBP/CHF Bearish ChannelThe GBP/CHF pair on the H1 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.1186, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.1110 2nd Support – 1.1072 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_TA_TRADING
6