Dogecoin Analysis with Gann Fans and Key LevelsHello Dear Traders!
This chart provides a detailed Gann-based analysis of Dogecoin against Tether (USDT) on the 1-hour timeframe. Below, I'll break down the significance of the levels, the Gann Fan setup, and the potential *Bart Simpson* pattern that might be forming. Let's dive in!
---
### 📈 **Gann Fan and Levels Explained**
The Gann Fan lines radiate from a key pivot low on the chart, representing specific angles of price movement over time. These lines act as dynamic support and resistance levels, giving us a unique *"crystal ball"* into future price movements. Here's a breakdown of the levels on this chart:
- **0° (0.0895):** Represents the lowest anchor point. This is a key level of historical support.
- **45° (0.1316):** Critical support-resistance pivot point, often marking trend shifts.
- **90° (0.1952):** First strong resistance zone to watch during rallies.
- **135° (0.2743):** Mid-range resistance and a potential retracement level during corrections.
- **180° (0.3599):** Acts as a strong magnet for price action in trending conditions.
- **225° (0.4611):** Key breakout or reversal zone; pay attention if price crosses this.
- **270° (0.5747):** Heavy resistance, likely to align with strong market reactions.
- **315° (0.7008):** Could mark overextended rallies or extreme zones.
- **360° (0.8394):** Maximum upward projection from the base, aligning with long-term targets.
The combination of these levels with the green Gann Fan lines creates a visual framework for anticipating price action.
---
### 🤔 **Potential Bitcoin Bart Pattern in Play?**
Looking at this chart, we see the early signs of a classic *Bart Simpson* pattern, often seen in crypto markets due to volatility. This pattern starts with a sharp rally (the "spike up"), followed by a consolidation phase at the top, and ends with a sharp drop back to the original levels (the "spike down").
#### Current Scenario:
- The sharp rally to **0.4611** suggests the "head" of the Bart is in place.
- Consolidation around the **180° level (0.3599)** adds credibility to the setup.
- If we see a break below **0.3599**, this could confirm the pattern, potentially driving prices down towards the **90° level (0.1952)**.
---
### 🛠️ **How to Trade These Levels**
1. **For Long Trades:**
- Look for price to respect the **180° level (0.3599)** as support.
- Targets: **225° (0.4611)** and **270° (0.5747)**.
- Place stop losses slightly below **135° (0.2743)**.
2. **For Short Trades:**
- A confirmed break below **180° (0.3599)** could open opportunities.
- Targets: **135° (0.2743)** and **90° (0.1952)**.
- Stop losses above **225° (0.4611)**.
---
### 🌟 Final Thoughts
The Gann setup on this chart serves as a powerful visualization tool, almost like a *crystal ball* guiding price action. Combined with the potential *Bart Simpson* pattern, this analysis highlights critical zones to watch for breakout or breakdown scenarios.
What do you think? Will Dogecoin continue to rally, or is a retracement imminent? Share your thoughts in the comments!
---
If you have any additions or questions, feel free to ask—happy trading! 🚀
Gann
M30 CLS within Daily CLS, HTF Gap, Model 1M30 CLS within Daily CLS, HTF Gap, Model 1
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
#COW: Unlocking the Power of Fair TradingDescription:
This trading idea highlights COW (CoW Protocol), a decentralized trading platform that focuses on batch auctions to minimize slippage and maximize efficiency for traders. COW aims to revolutionize the decentralized finance (DeFi) space by providing fair, gas-efficient, and transparent trading solutions. With its emphasis on reducing front-running and ensuring equitable trading experiences, COW has garnered attention as a game-changer in the DeFi ecosystem. Its innovative approach to order execution and cost-saving features makes it a compelling choice for those seeking to engage in decentralized trading platforms.
That said, cryptocurrency markets are inherently volatile, and various factors, including regulatory changes, macroeconomic trends, and technological advancements, can significantly impact the price of assets like COW. Caution and strategic planning are essential when trading or investing in such assets.
Disclaimer:
This trading idea is provided for educational purposes only and should not be considered financial advice. Cryptocurrencies like COW carry significant risk, including the potential for complete loss of capital. Always perform thorough research, evaluate your financial situation, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
DOGE/USDT Analysis🚀 DOGE/USDT Analysis 🌟
📉 Support Zone:
We have a strong support zone between 0.25922 and 0.25111. This range represents a key area where buyers are likely to step in and defend the price.
📊 Buying Zone:
The level 0.31236 serves as a buying level. Holding above this level increases the probability of a bullish recovery.
✅ Bullish Confirmation:
The key confirmation level for the upward trend is 0.34477.
💡 A daily candle close above this level 0.34477 will signal a strong breakout, validating the bullish scenario.
🎯 Targets:
1️⃣ First Target: 0.64804 📈
2️⃣ Second Target: 0.84585 💰
🔥 Conclusion:
DOGE is in a critical phase. Watch for a break above 0.34477 to confirm the upward trajectory. Until then, the support at 0.25922–0.25111 and the buying zone at 0.31236 remain crucial levels to monitor.
⚠️ Disclaimer: This is not investment advice. Please conduct your own research and trade responsibly.
📩 For any inquiries or further clarification about this analysis, feel free to contact me privately. 😊
BTCUSD - Bitcoin's global uptrend is complete.BTCUSD - Bitcoin's global uptrend is complete.
the global uptrend on Bitcoin (BTC) has come to an end. This point of view has caused an active discussion among traders and investors, especially after key support levels were broken and the market entered a prolonged correction phase.
The main arguments of the “wave-watchers”
Completion of the 5th Elliott Wave
According to Elliott's theory, the global uptrend consists of five waves: three impulsive and two corrective.
Some analysts argue that the fifth wave ended at Bitcoin's all-time high around $69,000 in 2021, after which a long correction cycle began.
ABC-shaped correction development
After the completion of the fifth wave, the market may form a correction in the form of three waves (ABC).
Bitcoin's current dynamics, including the price decline in 2022, is seen as the realization of this correction structure.
Loss of key support levels
Levels that used to serve as strong support (e.g. $30,000 and $20,000) have been broken. This reinforces the view that the market is already out of its global bullish trend phase.
Declining institutional interest
Many large investors have slowed down their investments in Bitcoin, which also indicates a possible downturn in the long-term uptrend.
What to expect next?
Wave structure
The current correction may be temporary and the market will enter a new phase of growth (the beginning of a new cycle of waves).
Key levels to confirm the trend
If the price comes back and consolidates above $30,000-$35,000, it will be a strong signal of bullish trend continuation.
A move below $10,000 could confirm the end of the global uptrend.
Long-term outlook
Bitcoin is still an attractive asset to hedge, especially given its limited supply (21 million coins).
#AIXBT: Unlocking AI and Blockchain PotentialDescription:
This trading idea highlights AIXBT, a cryptocurrency combining artificial intelligence (AI) and blockchain technology to create cutting-edge solutions across multiple industries. AIXBT is designed to power decentralized AI platforms, enabling secure data sharing, intelligent decision-making, and innovative applications in sectors like finance, healthcare, and logistics. By leveraging blockchain for transparency and AI for automation, AIXBT positions itself as a leader in integrating these transformative technologies. Its potential lies in its unique value proposition and increasing adoption as industries seek efficient, secure, and scalable solutions.
Despite its promising fundamentals, it is crucial to recognize that the cryptocurrency market is inherently volatile and affected by external factors such as regulatory changes, technological developments, and market sentiment. Trading or investing in AIXBT requires a careful approach and a robust risk management strategy.
Disclaimer:
This trading idea is provided for educational purposes only and does not constitute financial advice. Trading cryptocurrencies like AIXBT involves substantial risk, including the possibility of losing your entire investment. Always perform detailed research, assess your financial situation, and consult with a professional advisor before making investment decisions. Past performance is not indicative of future results.
How to Predict Market Low 3 Hours Early with Gann Astro IntradayHow I Predicted the Upcoming Low in the Market 3 Hours in Advance with Gann Astro Intraday?
Most traders fail in the market because they only focus on PRICE. However, according to W.D. Gann's principles, TIME is MORE IMPORTANT THAN PRICE. Big institutions can manipulate price movements, but TIME is a fixed entity that cannot be altered.
The attached graph illustrates a fundamental yet overlooked concept:
1. Y-Axis → TIME
2. X-Axis → PRICE
In reality, every high or low in the market is pre-determined by TIME, not price. Gann's Astro methods use planetary positions, ascendants, and advanced mathematical calculations to predict EXACTLY when the next HIGH or LOW will form in intraday markets.
Key Insights:
1. TIME as the Guiding Factor:
- The market operates like a clock, where each move happens ON TIME.
- Highs and lows form according to fixed celestial cycles, not random price moves.
2. Price Delivery Algorithm:
- Price follows a delivery system that respects TIME.
- Without understanding TIME, traders become gamblers.
3.Intraday Gann Astro Example:
- With calculations based on ascendant planetary alignments, TIME of specific turning points in intraday markets can be predicted.
- Example from the chart:
- At (2,1), a TIME-driven HIGH forms.
- At (4,-1), a LOW forms based on pre-determined calculations.
4.What Gann Astro Does Differently:
- Combines planetary positions and mathematics to forecast turning points.
- Helps traders trade WITH CONFIDENCE instead of guessing.
- Predict highs/lows hours before they happen.
Now here is the Gann Intraday Trade Example.
You can clearly see on the chart that the TIME for the price reversal was already calculated using the secret Gann Astro principles and advanced mathematics. I precisely identified the reversal time at 07:45, and you can verify this on the software screen. This highlights the power of time-based analysis, where price movements align perfectly with pre-determined time calculations, offering a clear edge in the market.
And now observe when the price was delivered — it formed a strong reversal precisely at the TIME I calculated, 07:45. Is this just a coincidence? Absolutely not. This is the real way the market algorithm delivers price. TIME IS MORE IMPORTANT THAN PRICE, and this proves the unmatched accuracy of time-based analysis over conventional price-focused methods.
Why Traders Lose Without TIME Knowledge:
1. Traders rely on price patterns, indicators, and technical setups, ignoring the foundational concept of TIME.
2. TIME is constant and unchangeable, while price can be manipulated.
3. Without mastering TIME, traders are reactive instead of predictive.
Here’s another LIVE trade execution I successfully completed this week, profiting $3,125 . The trade was precisely calculated 5 hours in advance, demonstrating the power of Gann Intraday Astro Trading. There is nothing else in the trading space that comes close to this level of precision and accuracy.
Below, I’ve outlined the step-by-step analysis of my LIVE trade on GOLD using the Gann Astro principles and advanced mathematical calculations. This is a testament to how TIME, not just price, drives market movements, allowing you to predict turning points with exceptional accuracy.
The chart clearly demonstrates how I calculated the price reversal a solid 4-5 hours in advance using the Gann Intraday Astro technique. The exact time of reversal was determined to be 6:45, purely based on TIME. Watch closely as I executed the trade relying solely on this precise calculation. This is further proof that TIME is the real driver, while PRICE remains an illusion manipulated by the market.
LIVE TRADE ENETRY - TIME IS MORE IMPORTANT THAN PRICE
What? Shocked? Clear your mind because this is the real way of trading, whether in swing or intraday. If you're not applying this, you're just gambling with no clue about what you're doing in the market. Those useless indicators and strategies that revolve solely around PRICE will only mislead you. The real truth lies in TIME, not PRICE—because TIME is fixed, and PRICE is just an illusion manipulated by the market.
NOW let's understand how markets turn on TIME -
In this chart, I’ve calculated each market HIGH and LOW with unmatched precision—something rarely seen in the trading space. By leveraging mathematical models, I pinpointed the exact TIME at which these highs and lows would form. Using advanced mathematical and astro models inspired by Gann, I employed techniques like Squaring the Range, ASC Distance, and the concept of TIME = PRICE.
This principle means that when TIME equals PRICE, the market is compelled to reverse due to the fundamental laws governing its movement. It’s crucial to note that while price manipulation can occur, TIME remains immutable—making it the ultimate factor in accurate forecasting. By calculating the critical TIME entries that align with price, we unlock insights into market behaviour that traditional approaches simply can’t match.
GANN INTRADAY TRADING - "The Hidden Truth: Why Gann's TIME Over PRICE Wins in Trading"
In this chart, you can see the market reversing exactly at 21:05, a TIME I calculated in advance using Gann's astro intraday techniques. The method applied here is Squaring the Range—a concept rooted in understanding the range as the time zone where the price remains confined between two major HIGHs and LOWs.
Using advanced mathematical principles in Gann astro analysis, I was able to determine the precise future reversal point. This allows me to approach my trading desk only at the calculated time and execute trades with confidence. This highlights why TIME outweighs PRICE in importance—while prices can be manipulated, TIME remains a constant and reliable indicator for market reversals.
"GANN INTRADAY TRADING - Exposing Market Algorithms: Gann's TIME Secrets Revealed"
Now, let me share some golden nuggets of hidden Gann intraday trading strategies. It doesn’t matter if the market is in consolidation—you can still profit if you know exactly when the market will break out of that consolidation phase and begin delivering price in a single direction, also known as expansion.
In earlier times, markets were primarily influenced by market makers, but now, price delivery is controlled by algorithms designed to enhance liquidity. With the massive influx of participants in today’s market, these algorithms play a critical role in maintaining liquidity flow. Despite these changes, the core principle remains intact: the market still moves based on mass psychology.
Using Gann Astro's hidden techniques, traders can gain an unparalleled edge. For example, I calculated the precise TIME when the market’s price delivery algorithm was set to initiate expansion in a single direction. This predictive ability highlights how mastering these techniques can transform the way you approach market movements.
Here’s another example showcasing a bullish scenario using Gann techniques. Take notes carefully because such valuable insights into Gann intraday trading strategies are rarely shared publicly, especially with this level of detail.
In this bullish setup, the focus is on identifying key time cycles when the price delivery algorithm aligns with Gann's mathematical principles. By leveraging time-based calculations, I pinpointed the exact moment when the market began expanding upward, indicating a strong bullish movement.
This strategy not only highlights the power of Gann’s intraday techniques but also reinforces the critical importance of TIME over PRICE in trading. Mastering these principles can provide a significant edge, allowing you to approach the market with confidence and precision.
In the trading world, most market participants focus solely on price while overlooking the critical element that governs market movements: time. Time is fixed, immutable, and unaffected by external manipulation, unlike price, which can be influenced by institutions and market forces. By understanding the concept that "time is fixed, price is an illusion," traders can unlock a method to predict intraday highs and lows with unparalleled precision. This is the essence of the Gann Astro methodology, which reveals the market's natural rhythm and turning points based on time.
The power of time-based analysis lies in its ability to expose market manipulation and predict market moves before they happen. Time, unlike price, is the key to decoding the market clock and identifying the exact moments when highs and lows form. With a deeper understanding of this principle, traders can remove guesswork, anticipate market movements, and align themselves with the forces that govern price delivery algorithms. The result is a disciplined, research-backed approach that replaces gambling behavior with a structured trading edge, offering a new perspective on intraday market success.
I don’t know if Trading View will recommend this idea to people, but honestly, it’s worth far more than the garbage that gets posted here—signals, scams, and all those misleading strategies that do nothing but trap people in a gambling mindset.
If you’re reading this, let yourself know that you’re in the right place. Save this, share this, and help boost it so that this idea can reach more people and guide them toward learning the real way of trading in the market.
If you have any questions or thoughts, feel free to comment below. You can also reach out to me—links are below this post, in my bio, or via private message here on TradingView. Let’s trade smart, not gamble!
OILUSD # 002 ( LAST Gann Fan line support for fly !!! ) Hello dear traders.
Good days.
First of all Thanks For Your Support and comments.
———————————————————————————
OILUSD is consolidating with holding 8*1 Gann fan line for 0.25 and 0.382 Gann box target .
On reversal time zone expected to reach itself to the two mentioned targets.
Safe trade and good luck
$OM: The Unstoppable King of #RWABelieve the hype!
NASDAQ:OM is the real #RWA King and is superior to all other #RWA player.
No one is even close.
It is the main character of this cycle and will outperform all.
Fuds will not derail the strong momentum, it's matter of time before it shoots past $10+
#OM MANTRA #Binance #RWA
AAVE fibonacci spiral ideaGeometrical trading is a complex methodology, however it is pretty much intuitive. I consider this kind of methodologies to be obsolete, but they are useful to begin understanding the concept of circularity.
Look at how the price moves insides this spiral. This kind of methodologies is about following shapes.
Why Gann's TIME Over PRICE Wins in Trading ?Most traders fail in the market because they only focus on PRICE. However, according to W.D. Gann's principles, TIME is MORE IMPORTANT THAN PRICE. Big institutions can manipulate price movements, but TIME is a fixed entity that cannot be altered.
The attached graph illustrates a fundamental yet overlooked concept:
1. Y-Axis → TIME
2. X-Axis → PRICE
In reality, every high or low in the market is pre-determined by TIME, not price. Gann's Astro methods use planetary positions, ascendants, and advanced mathematical calculations to predict EXACTLY when the next HIGH or LOW will form in intraday markets.
Key Insights:
1. TIME as the Guiding Factor:
- The market operates like a clock, where each move happens ON TIME.
- Highs and lows form according to fixed celestial cycles, not random price moves.
2. Price Delivery Algorithm:
- Price follows a delivery system that respects TIME.
- Without understanding TIME, traders become gamblers.
3.Intraday Gann Astro Example:
- With calculations based on ascendant planetary alignments, TIME of specific turning points in intraday markets can be predicted.
- Example from the chart:
- At (2,1), a TIME-driven HIGH forms.
- At (4,-1), a LOW forms based on pre-determined calculations.
4.What Gann Astro Does Differently:
- Combines planetary positions and mathematics to forecast turning points.
- Helps traders trade WITH CONFIDENCE instead of guessing.
- Predict highs/lows hours before they happen.
Now here is the Gann Intraday Trade Example.
You can clearly see on the chart that the TIME for the price reversal was already calculated using the secret Gann Astro principles and advanced mathematics. I precisely identified the reversal time at 07:45, and you can verify this on the software screen. This highlights the power of time-based analysis, where price movements align perfectly with pre-determined time calculations, offering a clear edge in the market.
And now observe when the price was delivered — it formed a strong reversal precisely at the TIME I calculated, 07:45. Is this just a coincidence? Absolutely not. This is the real way the market algorithm delivers price. TIME IS MORE IMPORTANT THAN PRICE, and this proves the unmatched accuracy of time-based analysis over conventional price-focused methods.
Why Traders Lose Without TIME Knowledge:
1. Traders rely on price patterns, indicators, and technical setups, ignoring the foundational concept of TIME.
2. TIME is constant and unchangeable, while price can be manipulated.
3. Without mastering TIME, traders are reactive instead of predictive.
Here’s another LIVE trade execution I successfully completed this week, profiting $3,125 . The trade was precisely calculated 5 hours in advance, demonstrating the power of Gann Intraday Astro Trading. There is nothing else in the trading space that comes close to this level of precision and accuracy.
Below, I’ve outlined the step-by-step analysis of my LIVE trade on GOLD using the Gann Astro principles and advanced mathematical calculations. This is a testament to how TIME, not just price, drives market movements, allowing you to predict turning points with exceptional accuracy.
The chart clearly demonstrates how I calculated the price reversal a solid 4-5 hours in advance using the Gann Intraday Astro technique. The exact time of reversal was determined to be 6:45, purely based on TIME. Watch closely as I executed the trade relying solely on this precise calculation. This is further proof that TIME is the real driver, while PRICE remains an illusion manipulated by the market.
LIVE TRADE ENETRY - TIME IS MORE IMPORTANT THAN PRICE
What? Shocked? Clear your mind because this is the real way of trading, whether in swing or intraday. If you're not applying this, you're just gambling with no clue about what you're doing in the market. Those useless indicators and strategies that revolve solely around PRICE will only mislead you. The real truth lies in TIME, not PRICE—because TIME is fixed, and PRICE is just an illusion manipulated by the market.
NOW let's understand how markets turn on TIME -
In this chart, I’ve calculated each market HIGH and LOW with unmatched precision—something rarely seen in the trading space. By leveraging mathematical models, I pinpointed the exact TIME at which these highs and lows would form. Using advanced mathematical and astro models inspired by Gann, I employed techniques like Squaring the Range, ASC Distance, and the concept of TIME = PRICE.
This principle means that when TIME equals PRICE, the market is compelled to reverse due to the fundamental laws governing its movement. It’s crucial to note that while price manipulation can occur, TIME remains immutable—making it the ultimate factor in accurate forecasting. By calculating the critical TIME entries that align with price, we unlock insights into market behaviour that traditional approaches simply can’t match.
GANN INTRADAY TRADING - "The Hidden Truth: Why Gann's TIME Over PRICE Wins in Trading"
In this chart, you can see the market reversing exactly at 21:05, a TIME I calculated in advance using Gann's astro intraday techniques. The method applied here is Squaring the Range—a concept rooted in understanding the range as the time zone where the price remains confined between two major HIGHs and LOWs.
Using advanced mathematical principles in Gann astro analysis, I was able to determine the precise future reversal point. This allows me to approach my trading desk only at the calculated time and execute trades with confidence. This highlights why TIME outweighs PRICE in importance—while prices can be manipulated, TIME remains a constant and reliable indicator for market reversals.
"GANN INTRADAY TRADING - Exposing Market Algorithms: Gann's TIME Secrets Revealed"
Now, let me share some golden nuggets of hidden Gann intraday trading strategies. It doesn’t matter if the market is in consolidation—you can still profit if you know exactly when the market will break out of that consolidation phase and begin delivering price in a single direction, also known as expansion.
In earlier times, markets were primarily influenced by market makers, but now, price delivery is controlled by algorithms designed to enhance liquidity. With the massive influx of participants in today’s market, these algorithms play a critical role in maintaining liquidity flow. Despite these changes, the core principle remains intact: the market still moves based on mass psychology.
Using Gann Astro's hidden techniques, traders can gain an unparalleled edge. For example, I calculated the precise TIME when the market’s price delivery algorithm was set to initiate expansion in a single direction. This predictive ability highlights how mastering these techniques can transform the way you approach market movements.
Here’s another example showcasing a bullish scenario using Gann techniques. Take notes carefully because such valuable insights into Gann intraday trading strategies are rarely shared publicly, especially with this level of detail.
In this bullish setup, the focus is on identifying key time cycles when the price delivery algorithm aligns with Gann's mathematical principles. By leveraging time-based calculations, I pinpointed the exact moment when the market began expanding upward, indicating a strong bullish movement.
This strategy not only highlights the power of Gann’s intraday techniques but also reinforces the critical importance of TIME over PRICE in trading. Mastering these principles can provide a significant edge, allowing you to approach the market with confidence and precision.
In the trading world, most market participants focus solely on price while overlooking the critical element that governs market movements: time. Time is fixed, immutable, and unaffected by external manipulation, unlike price, which can be influenced by institutions and market forces. By understanding the concept that "time is fixed, price is an illusion," traders can unlock a method to predict intraday highs and lows with unparalleled precision. This is the essence of the Gann Astro methodology, which reveals the market's natural rhythm and turning points based on time.
The power of time-based analysis lies in its ability to expose market manipulation and predict market moves before they happen. Time, unlike price, is the key to decoding the market clock and identifying the exact moments when highs and lows form. With a deeper understanding of this principle, traders can remove guesswork, anticipate market movements, and align themselves with the forces that govern price delivery algorithms. The result is a disciplined, research-backed approach that replaces gambling behavior with a structured trading edge, offering a new perspective on intraday market success.
I don’t know if Trading View will recommend this idea to people, but honestly, it’s worth far more than the garbage that gets posted here—signals, scams, and all those misleading strategies that do nothing but trap people in a gambling mindset.
If you’re reading this, let yourself know that you’re in the right place. Save this, share this, and help boost it so that this idea can reach more people and guide them toward learning the real way of trading in the market.
If you have any questions or thoughts, feel free to comment below. You can also reach out to me—links are below this post, in my bio, or via private message here on TradingView. Let’s trade smart, not gamble!
December 19 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is Bitcoin's 30-minute chart.
In a little while, at 10:30 and 12:00, there will be a Nasdaq indicator announcement.
As I explained,
Nasdaq and Bitcoin both reached the center line of the Bollinger Band daily chart,
but Nasdaq is recovering the 12+ daily pattern,
and Bitcoin has touched the center line of the daily chart alone, so the mid-term pattern is broken.
Even if it succeeds in bouncing back from the current position,
it is a problem,
but today, at least in Nasdaq, there is a higher possibility of a sideways movement rather than a plunge,
so we proceeded with trend following.
*Red finger movement path
One-way long position strategy
1. 101796.5 dollars long position entry section / When the green support line is broken
or when section 2 is touched, stop loss price
2. 104828.5 dollars long position 1st target -> Good 2nd -> Great 3rd
If the strategy is successful, the daily chart ends. The 1st section of the red finger is
a long position re-entry attempt and stop loss price autonomous section.
Today, the 15-minute Bollinger Band center line
has not been touched even once, so the strategy is to play at 5+15 or even 15+30 even if it is pushed.
With a strong upward condition, the success rate is approximately less than 5%.
From the 1-hour chart center line touch,
it can be dangerous because it is open downward, right?
Also, I marked the purple finger at the top.
In order to succeed in today's strategy,
you must first touch 102.7K to increase the probability,
and the long position switching position can change from the 1st section touch consecutively.
If the adjustment comes out immediately without touching the purple finger at the current position,
a long position entry position can come out once within the purple support line near the center line of the 30-minute chart,
and it becomes a dangerous section from the 2nd section touch.
You can see the movement within the convergence section of the orange resistance line of the 1st section and the sky blue support line of the 2nd section at the top as a sideways market.
I drew a gray rising trend line in the 3rd section,
and if it doesn't deviate from this section depending on the movement this week,
it can continue to rise.
If the 3rd section touches today, it seems like it will be a double bottom condition,
but I don't recommend it. Bottom is the place where the 12+ daily pattern can be restored, but if a strong rebound does not occur, the candle may deviate from the center line of the daily chart, so additional declines may occur.
Up to this point, I ask that you simply use my analysis for reference and use,
and I hope that you operate safely with principle trading and stop loss prices.
Thank you.
Solana (#SOL): current situation and future prospectsSolana (#SOL): current situation and future prospects
Current Price: The SOL price level remains volatile, reflecting the overall market sentiment.
Trading volume: After a period of low activity, volumes are starting to gradually recover.
Technical Analysis: The price is approaching key support and resistance levels. It is important to keep an eye on the areas around TSXV:XX (depends on the current price) to confirm further direction.
📈 Outlook:
Solana continues to grow the ecosystem and attract new projects. Several factors could influence the future of the cryptocurrency:
Fundamental potential: The Solana network is actively used in DeFi, NFT and other areas. An expanding ecosystem will keep interest in the token alive.
Updates and improvements: Constant updates to the network make Solana competitive with other blockchains.
Investor interest: Increased institutional interest in Solana could be a driver of price appreciation.
⚡ Trading strategy:
Short-term: Given the volatility, SOL is suitable for active traders. Keep an eye on support/resistance level breakouts and trading volumes.
Long-term: For investors with a 1-2 year horizon, Solana remains a promising asset, especially if the cryptocurrency market enters a growth phase.
Gold price trend analysisGold daily line maintains a short structure, and the continued rise of the US dollar index has a certain negative impact on the gold and silver markets. The daily line closed with a long upper shadow and a small positive, and the short-term chart four-hour roller coaster price continued to move down along the high and low points of the MA10-day moving average, and the price continued to run along the middle and lower tracks of the Bollinger Bands. The hourly chart Bollinger Bands opened downward, and the RSI indicator ran below the middle axis. Today's trading ideas remain unchanged, mainly rebounding high and high, and low-multiple short-term auxiliary.
Gold 1-hour moving average is still short-term divergent arrangement, without any signs of turning, and there is still room for gold to go down. Gold did not stand firm at 2600 to close, and continued to sell at highs below 2613 today!
First support: 2582, second support: 2572, third support: 2563
First resistance: 2605, second resistance: 2613, third resistance: 2628
Trading strategy:
BUY:2583-2585
SELL:2611-2613
BTCUSDT CORRECTION OR REVERSAL?BTCUSDT CORRECTION OR REVERSAL?
Hello, colleagues!
So, what we have in the middle of the trading week:
Since the last review Bitcoin managed to rewrite its high once again and reached above 108K on the Bitstamp exchange.
Also yesterday was the Fed meeting, the decision of which was to lower the rate by another 25 basis points and followed by the traditional J. Powell conference, during and after which the shedding started in many markets.
#BTC
As for bitcoin specifically, the correction was asked for a long time ago and the asset corrected only by 9% from its high and this decline cannot be called unexpected. At the moment, BTC continues to stay in the trend and there is still room for the correction to continue at least to the upward support at $97-98K and we can't exclude the stabbing even lower, to the trading boundary at 94K. But, in general, from these values I expect a buyback and continuation of growth.
I expect such another near-term decline, mentioned above, within the framework of working out of the candlestick formation Absorption on 1D. For the first time in a long time the asset showed a strong bearish candle and just covered the gap for the last weekend on the CME exchange. In any case, a correction is necessary for any healthy market, whether bullish or bearish.
If we compare each post-halving cycle on the logarithmic chart of the 1Mes TF, we can see that the asset has continued to rise for at least another year. Therefore, there is every chance to continue rising until at least Spring 2025, or even Q4.