TradeCityPro | AUDUSD Analysis Preparing for Movement👋 Welcome to the TradeCityPro channel!
Let’s examine the key triggers for AUDUSD, which appears poised for an interesting move.
🌍 Fundamental Overview:
Supported by stable commodity prices, especially iron ore, a key driver of Australia's economy.
Recent Reserve Bank of Australia (RBA) comments suggest a balanced stance with no immediate rate hikes.
Bolstered by strong economic data and expectations of prolonged higher interest rates by the Federal Reserve.
Mixed global risk sentiment keeps the USD favored as a safe-haven currency.
⏱ 4-Hour Timeframe
AUDUSD has been in a long-term downtrend, losing multiple supports and forming successive lower highs and lows. However, the price has recently stabilized, ranging between 0.64501 and 0.65412.
📉 Short Position Trigger:
After breaking the 0.64501 support, initiate a short trade targeting 0.62910.
📈 Long Position Trigger:
In case of a false breakdown of the support or prolonged consolidation within the range, open a riskier long trade above 0.65412 , Safer long entries can be considered once higher highs and lows are confirmed.
📝 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! ❤️
Riskmangement
TradeCityPro | RENDERUSDT Analysis Continued Uptrend?👋 Welcome to the TradeCityPro channel!
Let’s analyze RENDER, a popular crypto project in the graphics card and infrastructure domain, which also operates as a Layer 2 solution.
🌍 Bitcoin's Market Overview
As always, before diving into RENDER, we take a quick look at Bitcoin. According to prior analyses, the recent red candles are purely corrective and indicate no major trend reversal. Corrections are healthy for any uptrend. Bitcoin is showing renewed green candles, with a 4% rise today.
After breaking 94,859, you can open long positions. However, due to the decreasing Bitcoin dominance (BTC.D), this level can also be considered a confirmation for entering altcoins. A further wave of uptrend seems possible.
📊 Weekly Timeframe
RENDER is one of the most bullish altcoins, similar to SOL, SUI, and OM. It has experienced less decline compared to other altcoins, largely due to the hype around Layer 2 and NVIDIA, which boosted this coin before the bull run.
After its upward move and correction from 13.009, it hit the support at 4.405 and formed a green candle that engulfed the prior two candles. This alone serves as a bullish trigger in an uptrend. Currently, it has reached the key resistance level of 7.914.
If this resistance is broken, given the bullish structure in higher time frames and the formation of higher lows, the coin can continue its upward movement. A buy position with a stop loss at the 4.405 level is reasonable. RSI entering the overbought zone can confirm the bullish trend further. If missed, a trigger at 13.009 remains valid.
📈 Daily Timeframe
The primary resistance at 6.999 was broken, but no significant movement occurred afterward. For now, we consider 8.023 as a key trigger level. After its breakout, the price can aim for targets at 9.765 and 11.240.
Additionally, the main resistance level of 13.009 in the higher time frame is adjusted to 11.240 as the broader market has shown more logical reactions to this level.
RSI displays notable divergence, but during a bull run, it is often disregarded. Personally, I prefer taking positions with a stop loss rather than missing the potential movement.
⏱ 4-Hour Timeframe
After breaking 5.198, the coin experienced a solid uptrend. I opened a long position, and if the resistance at 8.094 is broken, I plan to move my stop loss to 6.532. Currently, the price is ranging between 7.18 and 8.09.
📈 Long Position Trigger:
Upon breaking 8.094, I will open another long position and follow the potential continuation. If the price approaches the resistance with strong momentum, I may also set a stop-buy order with a larger stop loss at 7.18.
📉 Short Position Trigger:
For now, no short setups are considered during the bullish trend. If 6.532 is broken, I might only close my long position.
💡 BTC Pair Insight
Compared to Bitcoin, RENDER remains bullish, bouncing strongly from support levels. Breaking its descending trendline reinforces the continuation of its uptrend.
For those needing a trigger, breaking 0.00010090 on its BTC pair confirms further moves, even though by then, its USDT pair may have already pumped 50%. The key movements often come after the trigger.
📝 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! ❤️
TradeCityPro | CHFJPY The Battle Between Buyers and Sellers👋 Welcome to the TradeCityPro channel!
Let’s quickly dive into another forex trading opportunity this week, analyze it briefly, and identify entry and exit triggers.
🌍 Fundamental Insights
Swiss Franc (CHF):
Supported by safe-haven demand due to geopolitical tensions and SNB’s tight monetary policy.
Japanese Yen (JPY):
Weak from BoJ’s ultra-loose policy and disappointing economic data.
The divergence in policies between the SNB (hawkish) and BoJ (dovish) continues to favor CHFJPY’s bullish potential, especially during market risk aversion.
📊 Daily Timeframe
The pair faced rejection at 177.108, failing to continue toward the 179.691 resistance.
Sellers gained momentum, pulling the price back to the 172.592 support zone.
If today’s daily candle closes red and engulfing, a bearish continuation to a lower low is likely.
⏱ 4-Hour Timeframe
The pair is testing the key daily support at 172.592, presenting both bullish and bearish scenarios.
📉 Short Position Trigger:
Break below 172.592 could lead to a target of 170.550.
📈 Long Position Trigger:
Prolonged consolidation or a fake break below 172.592, followed by a breakout above 173.949, could indicate a bullish reversal.
📝 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! ❤️
TradeCityPro | CELOUSDT Suitable Trading Opportunity👋 Welcome to the TradeCityPro channel!
Let’s analyze CELOUSDT, a cryptocurrency that appears to present opportunities in both spot and futures markets this week.
🌍 Market Overview
Before diving into CELO, let’s take a look at Bitcoin during the London session. BTC continues to print red candles, with its dominance (BTC.D) ranging.
This scenario leads to a balanced market correction, where individual coins behave independently based on their BTC pair performance.
📊 Weekly Timeframe
CELO has been ranging within a weekly box for approximately 830 days, with no significant breakout.
While buying at the box's bottom might have yielded 100% gains, holding positions for extended periods in a risky market like crypto can lead to "capital dormancy," causing stress. Hence, trigger-based trading is preferred.
This time, CELO has printed a higher low within the box, hinting at a potential breakout.
Breakout above 0.8412 with a stop loss at 0.4083 for a mid-term buy.
If missed, another entry above 1.2530 with confirmation from RSI moving into overbuy territory (76.06) ensures a more secure position.
📈 Daily Timeframe
CELO is currently testing the box resistance but shows stronger buyer momentum this time.
Last rejection from 0.8683 led to a correction down to 0.5318, but buyers established a higher low compared to 0.3998, indicating a shift in momentum.
Daily RSI needs to break 74.22 to confirm a sharp move upward , Upon confirmation, price could rally to 1.0503.
⏱ 4-Hour Timeframe
CELO has formed a parabolic movement, with consistent support at the curve line during pullbacks.
Despite some weakening momentum, as long as the price holds above the curve, there’s potential for further upside.
📈 Long Position Trigger:
Breakout above 0.8683 to initiate a long position.
As long as the price remains above 0.7352, higher lows per Dow Theory suggest strength.
💡 BTC Pair Insight
CELOBTC is bearish but shows signs of weakening bearish momentum, which might lead to a trend reversal or a new bullish phase.
Coins with similar BTC pair setups last week either didn’t move or experienced significant pumps after their triggers.
📝 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! ❤️
Aevo
📊 Overview Analysis
The AEVO cryptocurrency, after a sharp downward movement, entered a consolidation range. Following a prolonged range-bound movement, the price managed to climb within an ascending channel on the 4-hour timeframe, reaching the top of its consolidation range.
🕰 4-Hour Timeframe Analysis
🔸 Current Status:
The price is challenging both the top of the ascending channel and the range ceiling.
Increased trading volume indicates growing liquidity in this area.
🔸 Bullish Scenario:
A breakout above the ascending channel's ceiling could trigger a parabolic move toward the green target zones.
🔸 Potential Risks:
An RSI divergence on the 4-hour timeframe suggests a possible pullback.
Corrections could extend toward the channel's midline or, in a more severe case, to the channel's lower boundary.
🎯 Price Targets & Key Considerations
🔹 Upside Targets:
Breakout to the green zones following an upward channel breach.
🔹 Downside Risks:
RSI divergence might limit upward momentum, leading to short-term corrections.
Maintaining support at the channel's midline or bottom is crucial for a sustained bullish outlook.
💡 Advice: Always employ risk management and rely on personal analysis when making trading decisions.
💡 Reminder: This analysis is for educational purposes only and should not be considered financial advice.
Lackluster Slow-Silver Long . Volumes will pick up.
I think that gold and silver might've found a bottom in their correction.
But really the movement in this buy long in silver is non existent, a similar story with gold. But London and Europe will be opening in the few hours ahead as the Australian session comes to a close, hopefully theres a few silver and gold buyers that can pick up the momentum a bit in this trade.
You would not be alone in thinking that this long trade right now in precious metals could sell-off at anytime and move lower.
Precisely what happened in Bitcoin earlier as it sold. But how quickly all of the Crypto's turned green and it looked like no selling had even occurred. BTCUSD, DOGEUSD and many others looked like they were carrying some overbought weight on their daily's.
Below is the Silver daily chart. Another reason this is so slow in momentum currently is because price on the daily is below all of the key moving averages, 200ema, 50ema and even 21 ema the Silver price is just beneath.
Bullish reversal. AUDCHF. Long already 1hr into Asia
I did not muck about on this one. Price lifted not long after the open to a higher high. AUDCHF is in a longterm downtrend as seen here in the weekly chart, so you would be forgiven for thinking I had rocks in my head. But an instrument has to turnaround at some point right.
Anyway I will break it down with more charting and keep you posted on the ongoing analysis.
TradeCityPro | MEMEUSDT Analysis Risky Spot Buy?👋 Welcome to the TradeCityPro channel!
Let's dive into analyzing MEMEUSDT, a newcomer to the market. We'll see if it's worth considering for a risky spot buy and holding as part of our portfolio.
🌍 Market Overview
Before analyzing MEME, let’s review Bitcoin’s performance: BTC experienced a 3% drop today, accompanied by a decline in BTC.D. The market was highly volatile, with some coins correcting, others climbing, and some ranging. If BTC.D continues to drop and Bitcoin consolidates, altcoins could see another bullish wave. Personally, I remain bullish and am not looking for short positions.
📊 Weekly Timeframe
MEME is a new coin with limited historical data and has yet to experience a bull run. However, it has already been listed on major exchanges and climbed to the top 160 in market cap.
After an 80% decline post-listing, MEME entered a range between 0.00909 and 0.01425, signaling the end of its downtrend. Breaking out of this box could signal the start of a new uptrend.
With decent recent volume, a risky buy could be considered. Placing a stop-buy order above 0.01561 with a stop loss at 0.00909 might be an effective strategy for managing risk.
📈 Daily Timeframe
MEME remains within the weekly range, having recently tested its range high at 0.01476. Sellers appear exhausted, as buyers have consistently pushed the price higher without revisiting the range low.
If the daily candle closes above 0.01476, consider entering. Alternatively, wait for a breakout above 0.01740 for a safer entry.
Keep in mind that breakout traders might prefer waiting for 0.01740 to be breached, while others might risk entering earlier at 0.01476. It's a matter of trading style and risk tolerance.
As long as the price remains above the curve line, I’ll continue focusing on long positions. Confirmation from an RSI overbought condition and increasing volume will further support bullish entries.
⏱ 4-Hour Timeframe
On the 4-hour chart, resistance at 0.01488 is currently being tested, with signs of a potential fakeout and short-term correction. However, as long as the price holds above the curve, there's a chance to break this resistance soon.
📈 Long Position Trigger:
confirmed breakout above 0.01488 signals a buying opportunity.
📉 Short Position Trigger:
I personally won’t prioritize short setups here, as I’m focused on bullish opportunities.
📝 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! ❤️
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! ❤️
TradeCityPro | LDOUSDT The Layer 2 Leader with Highest TVL👋 Welcome to the TradeCityPro channel!
Let's explore LDO, the altcoin with the highest Total Value Locked (TVL) on Ethereum, and analyze potential triggers for spot and futures trades.
🌐 Market Overview
Bitcoin experienced a pullback during the New York session, accompanied by a rise in BTC dominance. This led to a deeper correction in altcoins, but the overall trend remains bullish.
📊 Weekly Timeframe
LDO, a relatively new altcoin, hasn’t experienced a full crypto bull run yet. Its ATH of $4.053 was fueled by the Layer 2 hype. Since then, it broke its weekly uptrend and dropped to $0.924.
LDO has been consolidating in a range between $0.924 and $1.339, forming an accumulation zone.
This week’s candle is attempting to break both the upper range and a descending trendline. A close above $1.339 could trigger a rally, with a stop-loss at $0.924.
📈 Daily Timeframe
After 110 days in the accumulation zone, LDO is breaking out above $1.345. Buyers are showing strength, as the price didn’t revisit the range’s lower boundary after the last rejection.
Likely to enter overbought rsi territory if the breakout sustains, signaling continuation of the uptrend.
For risk-takers, a stop-loss at $1.115 can be set for entries based on the daily timeframe.
⏱ 4-Hour Timeframe
The price is battling strong resistance at $1.408. Despite minor rejections, buyers remain dominant, with the price rebounding from the trendline support.
📈 Long Position Trigger:
Open a long position after a breakout above $1.408, confirmed by increased volume and RSI entering overbought levels.
📉 Short Position Trigger:
Even if short triggers appear, it's better to wait for pullbacks for long entries as the bullish momentum builds.
💡 BTC Pair Insight
Like most altcoins, LDO has been underperforming against Bitcoin. However, it’s attempting a recovery, starting from lower timeframes.
breakout above 0.0002083 BTC could signal a stronger rally against Bitcoin. However, current funds seem concentrated in other altcoins, so its pace might be slower for now.
LDO holds the largest stake in Ethereum, giving it potential to self-support in the short term :)
📝 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! ❤️
RENUSD I picked recently. Up 10% today. Now breaking out. 5cents
RENUSD Crypto, up and coming, incredible momentum and bullish price movement on high volume. Take a look at the bullish daily chart, structure strong with double bottom holding easily, checkout the uptick in volume recently.
I said i could not find any faults with this one. There is one. The bid ask spread is a little wide, at least with my broker, but I also bought some more today on the weekend when spreads are worse.
Earlier today I alerted that was about to run over a double top and then nothing would be in its way. That was just shy of 5cents. It's now 0.0538.
Breaking out now over the last high months back.
Here is a link to the other publication. I quoted a different ticker initially by mistake so don't get confused. This one recently got its 200 EMA in a bullish place just under price on the daily. I really can't find anything not to like. I would not be surprised for this to run to 30 cents or 50 cents by Christmas in 2 months.
Here is the publication I started about 3 days ago on RENUSD. Yes the ticker in the headline is a typo. Actually I think I have confused myself. 3 days ago I picked RUNEUSD. But today I picked RENUSD. RENUSD is the bullish 5 cent Crypto that I can't fault except for the spread of price. would look at this one.
Watching RUNEUSD Crypto Up 6.5% so far today. At breakout level
On the 15m chart you can see the current blue candle 15m pink vertical line indicating time/date (I'm in Australia), I had this red line marked as a resistance price and above this price RUNEUSD should continue to breakout more.
Up 6.5% so far today, a good day for a Crypto can be 20% to 40% so early days.
I will wait for confirmation of a breakout of this zone and price just above current price. I will look for a retrace and retest of this breakout price and then I will alert here. Cheers.
www.tradingview.com
TradeCityPro | INJUSDT Altcoins Gaining Momentum Amid BTC.D Drop👋 Welcome to the TradeCityPro channel!
Let's dive into the INJ/USDT chart and explore key trading triggers as altcoins show strong moves due to declining Bitcoin dominance (BTC.D).
🌐 Market Context
Bitcoin is consolidating below the $99K resistance, with whales showing calmness. This has led to capital rotation into altcoins, as reflected by the drop in BTC.D.
BTC.D is approaching a crucial support at 58.66%. A continued decline, along with Bitcoin's sideways or slight upward movement, could trigger massive altcoin pumps.
📊 INJUSDT Weekly Timeframe
Trend: INJ is attempting to close above its weekly resistance with significant volume, signaling a potential bullish breakout.
Buy Trigger: A close above this weekly resistance with a stop-loss at $16.20 provides a solid entry for spot positions.
Correction Opportunity: The coin has already corrected to $16.20, and a break above the trendline could lead to further gains.
📈 INJBTC Pair Perspective
INJ is relatively stronger than most altcoins against Bitcoin, trading at higher levels in its BTC pair.
Trigger: A breakout above 0.0004325 BTC could confirm an upward move, with potential targets at 0.0009526 BTC, provided the overall market remains bullish.
📝 Final Thoughts
Avoid FOMO: Don’t rush into the market; wait for clear triggers and manage risk responsibly.
Altcoin Opportunities: Early in an "alt-party," altcoins often outperform. However, INJ is already trading higher than many altcoins, making it essential to approach with a strategy.
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! ❤️
TradeCityPro | NZDJPY Weekly Close and Key Outlook👋 Welcome to the TradeCityPro channe l!
Let’s quickly analyze the current NZD/JPY setup as the market closes and prepare for an important upcoming week.
📉 F undamental Outlook
NZD/JPY has been under pressure, with the RBNZ maintaining a dovish stance amidst an economic slowdown, while the JPY gains strength due to potential BoJ tightening and safe-haven demand.
📊 Weekly Chart Insight
The pair rejected 99.090 and moved down toward the 87.093 support zone before bouncing back to 91.864, marking a pullback.
Recent weekly candles with upper shadows indicate strong seller dominance and lack of buyer momentum. Continuation of this pattern could increase the likelihood of breaking 91.864 resistance.
📅 Daily Chart Perspective
Price is consolidating between 90.095 and 91.892, reflecting indecision among traders.
We remain breakout-focused:
Above 91.892 signals a bullish continuation , Below 90.095, support levels at 88.862 and 86.680 come into play.
Stay tuned for updates, and let us know your thoughts on the week's outlook!
📝 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! ❤️
Gold trading today. Possible direction. Bullish on Russia SHaven
Gold and Silver are up nearly 2% already. Topping formations are noted on lower timeframes.
PMI & Inflationary expectations in the data coming up.
I think Gold price could pull back in the next hour or 2 as there is weakness below 2697 (red line chart). Price will probably pick up support after a maximum of 0.5% drop to green area in chart.
I think buyers will move in around that level 0.5% approximately down and buyers will set in.
I think that with Cryptocurrency shining the market is not paying as much attention to inflation data. Cryptocurrency is the future and this is being priced into the dollar movements, which is perhaps a similar reason given Cryptocurrency and Bitcoin about to take 100,000 that the Gold price is also moving bullishly despite the USD$ rallying. In other words, a divergence aways from this inverse relationship between gold and the US dollar. Just my thoughts, nobody else's.
Update: Yes price just broke through a double bottom on 5m.
Down to the support zone I have marked see it holds.
Even the MACD says price is going a bit lower.
I still expect price to reverse to the upside within the next little while.
TradeCityPro | XAIUSDT - Buying Opportunity for a New Coin👋 Welcome to the TradeCityPro channel! Let's dive into XAI and analyze its technical structure, entry points, and potential scenarios.
🌍 Bitcoin’s Impact on Altcoins
Bitcoin has set another new high since yesterday, attracting global attention.
Its dominance in the global financial system now surpasses major banks like JPMorgan Chase, Bank of America, and ICBC China.
However, Bitcoin's dominance has started to decline on lower timeframes, creating opportunities for altcoins to rise, as mentioned in our previous analysis.
🕒 Weekly Timeframe Analysis
XAI has retraced nearly 90% from its ATH, typical for newly listed coins. These large corrections often result in the formation of accumulation boxes, where the price consolidates for an extended period.
With the current weekly candle nearing a breakout from the accumulation zone, there’s potential for an uptrend to begin. If this breakout fails, a stop-loss near 0.1680 can minimize losses.
Buy if the weekly candle closes above the current range , Set a stop-loss at 0.1680 for better risk management , Utilize XAI in DeFi platforms after a breakout for additional yield opportunities.
📆 Daily Timeframe Analysis
XAI remains range-bound between 0.1699 and 0.2583, showing clear signs of accumulation.
Higher lows indicate buying strength and the absence of strong sellers.
Each test of resistance (0.2583) is accompanied by increased volume, signaling interest from buyers.
After breaking 0.2583, consider a spot buy with a stop-loss at 0.2142 for a riskier but calculated entry.
⏱ 4-Hour Timeframe Analysis
sharp upward move has brought the price close to 0.2497, where immediate resistance lies.
📈 Long Position:
Buy after a confirmed breakout above 0.2497.
Watch for RSI to enter the overbought zone, as this often precedes sharp upward moves.
📉 Short Position:
Avoid shorting. Instead, wait for corrections and look for long opportunities at lower entry points near 0.2102.
🔄 XAI/Bitcoin Pair Analysis
The XAI/BTC pair shows a downtrend but with significant weakening momentum in recent times.
On lower timeframes, the pair may begin a new uptrend, which could result in faster and sharper moves in the XAI/USDT chart.
Break and confirm above 0.00000299 on the XAI/BTC chart to signal a stronger bullish move.
📝 Final Thoughts
XAI is showing promising signs of an impending breakout on multiple timeframes. Monitor key levels closely and manage risk with appropriate stop-loss settings.
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! ❤️
TradeCityPro | NIKKEI 225 Market Trends and Key Levels👋 Welcome to the TradeCityPro channel! Today, we’ll analyze the NIKKEI 225, the stock market index for the Tokyo Stock Exchange, identifying key entry and exit points.
🌏 Overview of NIKKEI 225’s Recent Movements
Recently, the NIKKEI 225 has experienced volatility due to:
Concerns over tech stocks - Yen appreciation. - Possible interest rate hikes by the Bank of Japan , Declines in major stocks like SoftBank and Tokyo Electron have contributed to recent drops.
On the other hand, indices like the Hang Seng in Asia have performed better, supported by positive news about stock buybacks, highlighting contrasting trends in regional markets.
🕒 Weekly Timeframe Analysis
The primary trend remains bullish but shows weakness due to rejections near the key resistance at 41,185.
However, the formation of a higher low indicates weak sellers and supports a longer-term bullish outlook.
As long as the price stays above the curve line and critical support at 33,903, the bullish trend remains intact , Breaking 41,185 would confirm a new primary uptrend.
📆 Daily Timeframe Analysis
On the daily chart, a rejection from the 40,104 resistance has led the price to consolidate within the range of 37,367 to 40,104.
This rejection has formed a Double Top pattern, a bearish structure.
Target for this pattern: After breaking 37,367, the price may drop towards 35,152.
⏱ 4-Hour Timeframe Analysis
The price is currently in a range box, resting on critical daily support.
If this support at 37,747 breaks with selling pressure, a move towards 36,677 is likely.
💥 Short Trigger:
Confirmed break below daily support at 37,747 , Alternatively, a rejection from the trendline could also trigger a short position.
📈 Long Trigger:
If the price finds support and moves upward, breakouts above the trendline and the trigger level at 38,466 can confirm a long position.
📝 Final Thoughts
NIKKEI 225 remains in a pivotal zone, with key supports and resistances guiding potential moves. Ensure proper risk management and monitor price action at critical levels for optimal trade entries.
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! ❤️
AUDJPY Popping now. Bears OB to Bulls OB. Further higher prices.
Heres another one primed to move higher following a retracement down during Thursday. I thought it might move lower further to near the Order block below.
Price recently has moved upwards against JPY.
It would breakout possibly today on a move above 101.50
TradeCityPro | Solana Ready to Rise or Follow BTC.D ?👋 Welcome to the TradeCityPro channel!
Today, we’re diving into an analysis of the popular coin, Solana, reviewing past entry points, and scouting for new opportunities in the potential crypto bull run.
🟠 Bitcoin has hit a new high and maintained its dominance at 61.70%, effectively leading the market, Even if you missed opening long positions on BTC, there's good news—its dominance is on the rise, and the altcoin season might kick off soon!
🚀 Weekly Timeframe: Solana’s Stellar Performance
Solana has been one of the market’s strongest performers, moving in sync with Bitcoin and outperforming many altcoins. Its market cap has even reached a new all-time high (ATH)!
My personal entry point was at $27.67, followed by entries after breaking $47.88 and $124.59 on lower timeframes.
If you’re in profit like me, consider: 1 - Withdrawing initial capital. 2 - Moving your holdings to DeFi platforms for added utility.
New entries at this stage carry higher risk, as fewer confirmations are available. Wait for a break above $250.36 or even explore lower timeframes for better setups.
We drew Fibonacci levels from $208.61, showing a correction around $124. Using Fibo extensions, potential targets are: $284 - $367 - $474 - $682
breakout above RSI 80.85, combined with increasing volume, could trigger these moves.
🌌 Daily Timeframe: Parabolic Growth
Solana is forming a parabolic uptrend, with higher highs and higher lows.
If the daily candle closes with strong volume, it could engulf previous candles, making it a great entry near $187 with a stop loss.
After support at $162 was broken, two red candles were engulfed, confirming a fake breakout , Use this strategy on lower timeframes to enter positions aligned with the bullish trend.
🕒 4-Hour Timeframe Insights
After breaking its daily range high at $185.34, Solana continued its rally, now at $244.57.
stop-buy order was placed after breaking $221.75, supported by buyer momentum, and the position remains open , break above $246.29 will confirm our long position and momentum continuation.
Avoid opening shorts under current conditions, Even in a 20% drop, I’ll focus on confirmations in lower timeframes to re-enter long positions.
💎 Solana/BTC Pair Insights
Unlike most altcoins, which are at record lows against Bitcoin, Solana is holding steady.
breakout above 0.0027030 BTC could spark a new rally, making it a prime candidate for entries.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
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Hmmm seemed to be false this false that in Silver. HnS Fake.
Silver and Gold had this divergence right through the NY session. I think the Silver-ghost was hunting stops. I know that Gold & Silver trading is not geared towards those who may want to place bigger orders, that is frowned upon.
It's an interesting concept, when one considers the massive liquidity of Gold trading, but im afraid they are bigger penny pinchers than some of the currency market makers out there. Which reminds me, I had an order in for GBPUSD and I was stop hunted in the New York session. Anyway, I said I would be making a complaint to ASIC here in Australia. That grub disguised as a grey-ghost seemingly, stole nearly $100 from me. I warned him to leave my area and stop, but his money manager would've been trying to meet mid-month targets.
Which is why I generally don't use Stops. Ever notice when your buy or sell an order at market or limit, the currency or gold ghost, whatever you are trading, the price action momentarily stops and then an investigation is launched to determine who you are and where your Stop is and they do the maths on how much money they can squeeze out of you.
You see, thats one of the reason they don't like me, because I no longer offer them a Stop to hunt. Another reason would be is that quite often I am an aggressive trader, an alpha male if you will, I have never allowed these scum to walk all over me. I traded 5 lots approximately in seperate orders with The-King Nividia, on Tuesday and yesterday, the trade was a pleasure to be in and price was never momentarily slowed down despite my big orders, one was 2 lots at a time, I helped move its sp from a low position on screen Tuesday to chasing the highs just before the close. Yesterday Wednesday I bought in again near the highs following a pullback in price at the start of NY, and at one stage there was a break out, but the home-run could not be made until their earning release was published after the session (which I was unawares). Trading Nividia was wonderful. I will continue to milk the gold price but I wont be an active participant. I will continue the sly carry trade. Because that is what they are, sly dogs.
Now for a lighthearted look at Silver. But true. You mark my words.
Silver price alining bullishly in the key Daily Chart
I think we might get more upside moves in the Gold and Silver price.
I think the daily silver chart is looking for a buy entry today. Long term trend-line is in a bullish alignment and it's coming out of an oversold state offering attractive buy prices to investors.
I EXPECT SOME SELLING to occur for the next little while and perhaps a move down and then a brief consolidation before a move up.
DOGEUSD looks overextended from big-rises. Sell or buy Dip
If you follow the stochastic's at all, esp. on higher timeframes, if you don't well that is fine, but I will share my tip, you never want to see K line (generally blue) crossing down on the D line if you are in a Long position, but an even further bearish possible move is when the K-line crosses down on the 80 Stochastic's level.
Now the fundamentals of the indicator are similar to the Relative Strength Index (RSI), anything above 80 and staying above 80 will become further overbought in a situation where there has been too much recent buying demand orders executed and as such sellers will usually move-in, but traditionally not until k Crosses-down on 80, getting to 75 will probably seal the deal short for sellers as this crossing of K needs to be a sustained crossing and needs to be moving down, this would occur much slower on a daily timeframe of course. Drop to lower timeframes and see what the oversold/overbought condition is for Stochastic's on lower TF's because the more confluence you have with the Daily the better.
It does not necessarily have to be on the Daily, but bigger timeframes carry bigger profits, generally, depending on SL position and risk/reward. Often, the first TF to meet the setup will be a lower TF, but profits can be made on a Crossing of the Daily chart, it would mean the trade is probably safer in higher TF, by that I mean trade goes your way in your intended direction, in this instance Short.
But here is the controversy of Stochastic X-ups (bullish above 20 level) & X-downs (bearish on a break of 80 lower), they are not very reliable when you are going against the trend.
For example, the DOGEUSD crypto has had a massive run lately since bitcoin reached around 75k, despite being at a great price, I believe, its price is overextended and considerably above the 200ema daily, so it becomes a sort of mean reversion situation where sellers form an idea from Stochastic's RSI Price action etc, that it's price needs to cool a bit as its overbought and too much current demand has driven the price too high, but here is the thing, shorting- Doge when its in a bullish uptrend with price above EMA's especially 200 will not be easy.
So this method works better when you are trying to move price (down or up) in the direction of the trend and the path of least resistance. One of the main reasons is because the RSI and Stochastic's give a mixed message when the trend is not your friend. This is because momentum is still to the upside long when above the 80 level on Stochastic's and RSI, momentum is still to the bearish downside when Stochastic's' is below the 20 level. This continued momentum can last a long time in these extended zones above 80 (bullish momentum) or below 20 (bearish momentum) but usually at some point a diminishing momentum occurs as the market forms an opinion that the instrument is overbought > 80 or oversold < 20.
So, the Daily chart shows how price is tipping over, right now a lot of other TFs showing bearishness as well on Stochastic's.
I hope this helps your understanding, a bit long but its a lengthy topic.
By the way, I don't think I will be selling DOGEUSD despite the reasons above, BTCUSD chart does not share this quality of bears moving in, at least not last time I checked a few hours ago.