Lingrid | CHFJPY short from the RESISTANCE zoneFX:CHFJPY is currently pulling back to the resistance after a significant bearish move. It appears that if the price fails to break above the resistance at 172.500, as well as the downward trendline that also acts as a swap zone, it could signal a strong continuation of the bearish trend. This level has been tested multiple times in the past, which highlights its importance as a resistance zone. I am waiting for the price to roll back into this resistance area. If price action gives a clear sell signal, such as a protruding long-tailed bar, it could indicate a liquidity grab above this zone. This type of price action may suggest that sellers are stepping in, and it could present a good opportunity to short the market. My goal is to support zone around 170.300
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Signalservice
Alt/UsdtBINANCE:ALTUSDT
The **current price** of the altcoin is **0.13780** 📉, and right now, we’re sitting in a **resistance zone** 🚧. This means that the price is encountering some difficulty trying to go higher, because sellers tend to step in at these levels. Resistance is like a ceiling that prevents the price from moving up freely, and traders might be watching this closely for any signs of price action.
If the price **holds** at **0.13780** 📈 and doesn't dip below this level, we could see the price pushing higher toward the **next resistance zones**. These are:
- **0.16000** 📊: This is the first major level to watch. If the price can break through this, it might indicate more upward momentum.
- **0.1803** 💥: If the price keeps moving, this is the next level that might act as a barrier. Think of it like a hurdle that could slow things down.
- **0.21344** 🚀: If the price manages to go beyond this point, we could see a substantial increase. This would be a strong indicator that the market is very bullish and demand is high.
However, if the price **fails to hold** at **0.13780** and starts dropping, then we have to look at the **support levels** 🔽. Support levels are where the price is more likely to find buying pressure, as traders see this as a "bargain" or a good entry point. These are:
- **0.1000** 💪: If the price hits this level, it might find some strong support, where buyers step in to prevent the price from falling further.
- **0.1200** 🔽: This is another level to keep an eye on. If the price drops to here, it could be another potential floor, where demand might increase and prevent a deeper decline.
In short, the **resistance zone** at **0.13780** is key—if the price can break through, we could see it head toward higher levels like **0.16000**, **0.1803**, and even **0.21344** 🚀. But if it doesn't hold, watch out for **support** at **0.1000** or **0.1200** as possible areas where the price might find a floor and bounce back up 💪.
Remember, this isn't financial advice! ⚠️ The market can be unpredictable, and it's always best to do your own research and understand your risk tolerance. Stay informed, and always trade wisely! 📚
Lingrid | TRXUSDT strong BULLISH Trending MARKETThe price perfectly fulfilled my last idea. It hit the target level. BINANCE:TRXUSDT is displaying a strong bullish trend, as evidenced by its consistent formation of higher lows and higher highs. On the daily timeframe, the market has retraced after reaching new all-time highs. There's a possibility that the price might pull back toward the support level, dipping below the psychological round number at 0.200. I anticipate that the market could form a correction toward the lower border of the channel before continuing its upward movement. This correction might provide an opportunity for buyers to enter, with the potential for the price to retest the recent higher high level afterwards. My goal is resistance zone around 0.2200
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Tru/UsdtBINANCE:TRUUSDT
### ** NYSE:TRU Update 🚨**
** NYSE:TRU ** has **broken out** of its **main falling wedge pattern** after consolidating for the past few months! 📉➡️📈 This is a major technical signal indicating potential for significant upward movement in the near future. 🔥
---
### **What's Happening?**
- **Falling Wedge**: The falling wedge pattern is typically a **bullish continuation pattern**, where the price gradually narrows between two converging trendlines. A breakout from this pattern often signals the start of an uptrend.
- **Consolidation**: Over the past few months, NYSE:TRU has been in a period of consolidation, meaning it was trading in a relatively tight range with no strong direction. Now that it has **broken** out of this pattern, the potential for **strong price movement** is on the table.
---
### **Potential Gains 💰**
- After breaking the wedge, there’s potential for **100%+ gains** if the bullish momentum continues. 🚀
- **First Target**: The immediate goal is to watch for the price to maintain its breakout level and potentially target **previous highs** or resistance areas from before the consolidation.
- **Long-Term Potential**: A sustained breakout could push NYSE:TRU even higher, depending on the market's response and broader trends.
---
### **Why This Matters:**
- **Bullish Breakout**: Breaking a falling wedge is often a sign that the asset is gearing up for strong upside movement. Investors who catch the breakout early could benefit from substantial returns.
- **Volume Confirmation**: Watch for **increased volume** accompanying the breakout. A strong breakout with high volume is usually more reliable than one with low volume, which might indicate a false breakout.
---
### **Next Steps 🔍:**
- Keep an eye on ** NYSE:TRU ’s price action** over the next few days. If the breakout holds, we could see rapid price increases as more buyers come in.
- Be mindful of possible **retests** of the breakout level (a pullback to the breakout zone), as this can provide a better entry for traders.
---
**Reminder**: Always do your own research (DYOR) and keep track of broader market conditions. 📚📊
(Not financial advice, just sharing the technical analysis! 😉)
Lingrid | GBPAUD short from Psychological Level The price perfectly fulfilled my previous idea. It hit the target zone. FX:GBPAUD is currently pulling back towards the resistance zone and the channel border. Before the market moved downward, it created a swap zone where the price changed direction. Overall, the market has been making lower lows, indicating a bearish trend. Recently, the price action made a false breakout above the previous day's high. I believe the market may create another false breakout at the channel border, following a retest of the psychological level at 1.95000. My goal is support zone around 1.92400
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | SUIUSDT contraction EXPANSION pattern. LongBYBIT:SUIUSDT pulled back to the support level at 3.00, then bounced back by taking liquidity below last week's low. Additionally, the market formed a descending triangle pattern characterized by lower highs, indicating a price squeeze. Recently, the market broke the downward trendline, and I believe the price may rise further if it closes above this trendline. I expect the price to continue moving higher, as we are seeing a contraction-expansion price action pattern. My goal is resistance zone around 3.8300
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
EurUsd could correct higher (1.0670 target)The drop in EUR/USD has been remarkable, with the pair even breaking below the critical 1.0500 technical and psychological level. On Friday, it even spiked to a low of 1.0330.
However, following this sharp decline, the pair opened on Monday with a gap up, which has since been filled, potentially signaling the beginning of a correction.
Confirmation of a new bullish leg requires a break back above 1.0515. A daily close above this level could pave the way for a rise toward the 1.0670 resistance zone.
As long as Friday's low remains intact, the outlook remains bullish. Dips near the 1.0400 level could present attractive buying opportunities, offering a favorable risk-to-reward ratio.
TRON | TRX TRX Suddenly Jumps 10%, but Why?
The price of TRON is $0.084 today with a 24hour trading volume of 777 million dollar. This represents a 10% price increase in the last 24 hours.
TRON founder Justin Sun made it known on Twitter that TRON has expanded its reach by going live on the Ethereum blockchain by leveraging the BitTorrent bridge. "TRX is now fully accessible within the Ethereum ecosystem," the TRON founder added.
Onchain analytics highlights that crypto is seeing a bullish end to the week. This comes as the majority of crypto assets are trading in green at press time after earlier declines in the week.
TRX has been on a steady rise since March 22 after its price hit lows of $0.055. The move gained immense traction on June 2 as TRX exploded from lows of $0.074 to reach highs of $0.084
I opened long position at 0.049 and going to take huge profit right now.we can have pullback at 0.087 so no fomo. trade with strategy
Pnut/UsdtBINANCE:PNUTUSDT
**Current Price**: **$1.0873** 📉
### **Support Levels** (where the price might find potential support):
- **First Support**: **$0.9000** 🔴
- **Second Support**: **$0.8000** 🔴
- **Third Support**: **$0.6504** 🔴
You're saying it's **unlikely** that the price will hold at these support levels for long, but if it does, it could offer a potential bounce! 🤞
### **Resistance Levels** (where the price could face difficulty rising past):
- **First Resistance**: **$1.4000** 🟠
- **Second Resistance**: **$1.7645** 🟠
If **Pnut** can break through these levels, there could be further upside potential 🚀, but these resistance zones are key to watch.
---
### **Summary**:
- **Support Areas**: **$0.9000, $0.8000, $0.6504** 🔴 (Possible bounce if price holds, but you're doubtful)
- **Resistance Areas**: **$1.4000, $1.7645** 🟠 (Key resistance points to break for upward movement)
---
**Not financial advice!** As always, be sure to do your own research and manage your risk carefully! 📊💡
XAUUSDHere is our view and update on XAUUSD . Potential opportunities and what to look out for.
Since our last analysis on XAUUSD , gold rose from 2550 all the way up to our targeted 2700 Key Level . Right now we are trading at 2680s. What to look out for now? What’s next? We have two possible scenarios.
Scenario 1: BUYS
We broke above 2685 and trading above 2696 . That would confirm continuation buys and we would be targeting 2730 .
Scenario 2: SELLS
We failed to break above 2685 and are trading below it. That would confirm our sells and we would be targeting 2650-2640 .
The direction for now is unclear until we break our mentioned key levels. Be patient and stay tuned for possible scalps on this pair.
KEY NOTES
- XAUUSD breaking above 2685 would confirm buys.
- XAUUSD failing to break above 2685 would confirm sells.
- Trading above 2696 would confirm our next target 2730.
Happy trading!
FxPocket
Gold Analysis: Navigating the Wild Swings in XAUUSDNot long ago, I used to discuss potential targets of 1,000 pips for OANDA:XAUUSD in my analyses, explaining why trading XAUUSD requires factoring in potential moves of 300–400 pips as part of a well-thought-out strategy, not 30-50 pips.
Fast forward to today, and the landscape has shifted dramatically. A 500-pip movement in a single day has become standard, while 600–800 pips—or even the occasional 1,000—are no longer rare occurrences.
But let’s set aside the preamble and dive straight into what we might expect from gold in the near future.
In my analysis yesterday, I suggested that a lower high, relative to the previous all-time high, might be forming. This led to the idea that selling into rallies after the normal correction of the Asian session drop could be a viable strategy, with an initial target around the 2650 level.
True to its newfound roller-coaster nature, gold once again surprised us by plunging far deeper than anticipated, hitting a low around the 2605 support zone. As outlined in the previous analysis, the short-term trend has now probably shifted to bearish, and a further decline towards the 2520 support level is not out of the question.
Key Levels and Trading Strategy
- Sell Rallies: Potential selling opportunities could emerge on rallies near 2640, with a stronger resistance level at 2660 providing an additional entry point.
- Interim Support: The 2590 zone could serve as a short-term target, while an extension towards the 2520 level presents an attractive setup for a swing trade.
Given the current market conditions and gold’s remarkable volatility, these levels are merely guidelines. In such an environment, adaptability and careful risk management are critical for navigating the market successfully.
Keep in mind, anything can happen in these market conditions—stay prepared!
Avax/UsdtBINANCE:AVAXUSDT
### **$AVAX/USDT Price Analysis Update 🚨**
#### **Current Price: $41.23**
- **Support Level: $37.34**
- Avax is currently priced at **$41.23**. The immediate **support level** you're watching is **$37.34**. If the price fails to hold above this support, the next levels to watch are **$31.34 / $30**, which could be tested if the selling pressure increases.
- **Bearish Scenario:**
- If Avax fails to hold **$37.34**, it could drop towards the **$31.34** or even the **$30** level. These would be key areas to watch for potential price stabilization or further downside.
- **Resistance Level: $45.34**
- If the price holds above **$37.34** and respects the trendline, Avax could face its next resistance at **$45.34**. This would mark a potential breakout point and the next key area to monitor for a possible price rally.
#### **Trendline and Key Levels:**
- The **trendline** you're referring to is crucial for determining whether the price will hold the support level or break down lower.
- **If the trendline holds** and ADA respects the support at **$37.34**, there is a potential for a move toward the **$45.34 resistance**.
#### **Action Plan:**
- **Watch the $37.34 Support**: This is the key level for deciding the near-term direction. If it holds, there’s potential for a rally toward resistance.
- **Bearish Breakdown Possible Below $37.34**: If the price breaks below **$37.34**, the next potential targets are **$31.34 / $30**.
---
### **Conclusion:**
- **$37.34** is a crucial support level for Avax. If the price breaks below it, we may see a drop towards **$31.34 / $30**. However, if **$37.34** holds and the trendline is respected, Avax could push toward the next resistance at **$45.34**.
### **Reminder:**
This analysis is based on current market conditions, and it's important to keep an eye on price action as it develops. Always consider risk management before making any trading decisions.
Ada/UsdtBINANCE:ADAUSDT
### **$ADA/USDT Price Analysis 🚨**
#### **Key Observations:**
1. **Overbought Zone on the Daily Chart❗️**
- ADA is in a highly overbought zone based on the daily timeframe. This suggests that the price may have risen too fast, and a pullback or correction could be on the way. Overbought conditions often signal that buyers might take profits soon, leading to a decline in price.
2. **Weekly Resistance Zone Reached❗️**
- ADA has touched a significant **weekly resistance zone**, which often acts as a ceiling for price movement. Resistance levels are where selling pressure typically increases, making it more difficult for the price to continue rising.
3. **Bearish Correction Expected📉**
- Given the overbought condition and the weekly resistance hit, you anticipate a **bearish correction**. A price pullback is common when assets approach key resistance, especially after a strong rally. This would be a healthy consolidation before any further upward movement.
4. **Support Zone Between $0.8500 - $0.8600📉**
- You are monitoring the **$0.8500 - $0.8600 support zone**. If the price drops into this range, it could find support, where buying pressure may emerge. This is a critical level for potential price reversal or stabilization.
5. **Potential for Bearish Channel on H1 Chart📉**
- On the **1-hour (H1) chart**, you anticipate that ADA could move into a **bearish channel**. A bearish channel indicates a series of lower highs and lower lows, signaling that short-term momentum is down.
6. **Liquidity Shifting in the Bull Market🚀**
- In a bull market, **liquidity can quickly shift between altcoins**. As ADA faces correction, other altcoins could see inflows of capital, which can result in fast price changes. This is a broader market trend where money moves from one asset to another, often in search of better opportunities.
#### **Action Plan:**
- **Alert Set on Support Levels**: You’ve set alerts around the $0.8500 - $0.8600 support zone, indicating that you are ready to buy if the price dips into this area.
- **Not Financial Advice**: As always, this is just your analysis based on your chart setups. It’s important for others to conduct their own research before making any trades.
#### **Takeaway:**
- ADA is currently in an overbought zone and has hit weekly resistance, suggesting the likelihood of a bearish correction. You're watching the support zone between $0.8500 and $0.8600 for potential buying opportunities, and you’ve set alerts to be notified if the price dips to these levels.
---
### **Disclaimer:**
This analysis is based on your observations and chart setups. It is important for others to do their own research and manage risk accordingly. Markets can be volatile, and past performance is not always indicative of future results.
Hmster/UsdtBINANCE:HMSTRUSDT
The current price of **Hamster coin** is **0.003984** 🐹, and it is testing an important **trendline** 📉. A **trendline** connects key highs or lows in the chart, helping to show the market's direction. Right now, the price is retesting this trendline, which could act as support or resistance.
### If the Price Holds Above the Trendline:
If **Hamster coin** stays above **0.003984** and the trendline holds as support, we could see an upward move 🚀. The next **resistance levels** (where selling might appear) are **0.005000** and **0.00634**:
- **0.005000**: This level may act as an initial barrier. If the price breaks through, it shows strength 💪.
- **0.00634**: If the price reaches here, it could signal more bullish momentum 📈.
### If the Price Fails to Hold the Trendline:
If the price drops below the trendline at **0.003984**, the market could be showing weakness. In that case, watch the **support levels** where buying might kick in:
- **0.003636**: The first support level. If the price hits this and holds, it could reverse upward 📊.
- **0.002974**: A deeper support zone, where if the price dips, we could see more downside pressure ⚠️.
### Summary:
- **Trendline holds above 0.003984** → Possible rise to **0.005000** and **0.00634** 📈🚀.
- **Trendline breaks below 0.003984** → Watch support areas at **0.003636** and **0.002974** ⚡.
This is just a **technical analysis** 📉. Always remember, **not financial advice**! Be sure to do your own research before making any decisions 🧐📚.
Hellena | EUR/USD (4H): Short to support area 1.04000.Colleagues, in the coming week I predict a continuation of the downward movement, because wave “C” is not yet completed.
I believe that the price will reach the support area of 1.04000, because it is a strong psychological level.
Now we should be very careful, because after the completion of wave “C” I expect the beginning of the upward movement.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Alikze »» ENJ | Descending channel - 4H🔍 Technical analysis: Wave 3 or C bullish scenario - 4H
- In the 4-hour time frame, according to the previous analysis , after the support in the range of 0.1465, it faced demand, which was able to grow to the middle of the channel.
- It faced selling pressure in the middle of the channel, which led to a zigzag correction to the 0.122 range.
- It is currently moving in a descending channel, which is at the ceiling of the channel and there is also a supply zone.
- Therefore, in case of selling pressure, it can face support in the specified limits or green box and lead to a price growth up to the specified supply area.
💎 In addition, it should be noted that if the green box is broken, the bullish scenario is validated and can have another corrective leg.
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BINANCE:ENJUSDT
Alikze »» COMP | Ascending channel - 1W🔍 Technical analysis: Ascending channel - 1W
- It is moving in an upward channel in the weekly time frame.
- According to the correction of the previous wave as 0.38 Fibo, demand is encountered in the area of the bottom of the ascending channel and an ascending candlestick is observed in the area of the bottom of the channel.
- Currently, in the weekly time frame with the buying pressure candle, the dynamic trigger is broken and it can continue its growth with demand in the range of the green box of the next wave at least up to the ceiling of the growth channel.
💎In addition, in case of failure of the first channel, the upward wave can continue to grow up to the specified supply area.
⚠️ Note: If the candle closes below the Fibo 38 range, there will be more possibility of correction and the continuation of the bullish scenario will be invalidated and should be checked and updated again.⚠️
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BINANCE:COMPUSDT