TradeCityPro | FTM : Evaluating Parabolic Trends👋 Welcome to TradeCityPro!
In this analysis, I’ll review another coin from our weekly watchlist, FTM (Fantom). Previously, I analyzed this coin, highlighting the breakout trigger at 0.8401. If you entered a position or bought in the spot market, you likely secured solid profits. Let’s re-evaluate this coin with fresh insights, analyzing it on the daily and 4-hour timeframes.
📅 Daily Timeframe: Weekly Resistance Break with Trend Weakness
On the daily timeframe, FTM is exhibiting a parabolic trend accompanied by a curved ascending trendline. So far, the price has reacted to this trendline three times, each time resuming its upward movement and ending corrections.
📈 In the last leg of the uptrend, after breaking the 0.7707 resistance, the price surged to the weekly resistance zone at 1.1116. The price even stabilized above this level; however, the trend is not in an ideal state.
🔍 Following the breakout of 1.1116, candle sizes have gradually shrunk, corrections have deepened, and volume has been declining. Additionally, the RSI is showing signs of a divergence that hasn’t yet materialized but could influence the chart upon a breakdown below 55.74 on the RSI.
🔑 A notable aspect of sharp trends and pre-pump movements is their inherent trend weakness and potential for reversals. Interestingly, when trend weakness peaks, the trend often resumes sharply with large candles, nullifying all indicators of weakness and aligning them to support the trend.
🔼 If the trend continues, the first resistance level, a minor resistance, is at 1.6218. If the price stabilizes above this zone, the next resistance lies at 3.2506, the strongest resistance for FTM. This zone is near the ATH and represents a major supply area.
📉 In case of a correction, the first immediate support is the curved trendline, which the price may react to. If this trendline breaks, the next levels are 1.1116 and 0.7707. A stabilization below 0.7707 would invalidate the bullish scenario, and the price could target supports at 0.5349 and possibly 0.2928.
⏳ 4-Hour Timeframe: Moving Within an Ascending Channel
On the 4-hour timeframe, the price is moving within an ascending channel and is currently interacting with the channel's midline. So far, the channel's bottom has provided strong support. As long as the price remains within this channel, no sharp movements are expected.
🚀 If the channel breaks upward, two scenarios may occur:
Trend Exhaustion: The price could re-enter the channel, leading to a loss of bullish momentum and increasing the likelihood of breaking the channel downward.
Parabolic Continuation: The price could break the channel with high momentum and large candles, initiating a new parabolic uptrend.
The next static resistance is at 1.636, a suitable futures trigger level. However, the price has not reacted to this zone yet, so it’s safer to seek long positions based on Dow Theory and channel breakouts.
🔽 For short positions, I would personally wait for a channel breakdown and possibly a break below 1.0957, although this would be a high-risk setup. Instead, I prefer to wait for a clear trend reversal on the High Wave Cycle or Medium Wave Cycle before entering.
📝 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! ❤️ above.
TCP
TradeCityPro | ZROUSDT Analysis Is It DeFi’s Turn to Shine👋 Welcome to TradeCityPro Channel!
Let’s dive into the analysis of ZRO, one of the popular DeFi coins. Recently, it has broken out of its consolidation range, signaling potential movement in the coming week.
🌍 Bitcoin Overview
Before diving into ZRO, let’s take a quick look at Bitcoin. Last night, BTC finally broke its 103,504 resistance, reaching a new ATH of 106,488.25!
Bitcoin dominance also ticked green, albeit mildly, allowing a few altcoins to move alongside. However, this Bitcoin leg-up is likely to maintain dominance growth.
📅 Weekly Timeframe Analysis
ZRO is relatively new, with only 26 weekly candles in its history. It’s a coin that distributed a portion of its tokens via airdrops to active users within its blockchain ecosystem.
Unlike other airdropped tokens, ZRO experienced less sell pressure and consolidated for about 20 weeks, providing excellent liquidity-building opportunities for us. Recently, it broke out of this box, indicating potential for further upward movement.
The weekly candle that closed last night reflects strong buyer presence despite some selling pressure. It’s a good buying opportunity with stop-buy entries and stop losses at 5.108 (risky) or 3.016 (safe).
🌞 Daily Timeframe Analysis
On the daily chart, ZRO recently broke the 5.033 resistance and formed a new resistance at 7.192, from which it faced a strong rejection. Unlike many other altcoins still stuck in corrective zones, ZRO has already returned to its recent highs.
After breaking 7.192, you can consider buying on this timeframe with a large stop loss at 4.068 or wait for consolidation at the daily range’s bottom before entering for a mid-term hold.
For added security, move your ZRO holdings to decentralized platforms and participate in the DeFi ecosystem to maximize benefits.
It’s important to watch for confirmation of the 7.192 breakout. Although volume increased during bullish moves and decreased during corrections, a strong breakout needs to be accompanied by high volume. The breakout of 65.45 RSI could also act as a strong trigger for momentum entry.
⏰ 4-Hour Timeframe Analysis
For futures positions, a strong resistance level has formed on the 4-hour chart. Breaking this resistance would provide clear triggers for the week ahead.
📈 Long Position Trigger
breakout above 7.012. The recent rejection strengthened the importance of this level. After breaking this resistance with increased volume, opening a long position becomes a viable option.
📉 Short Position Trigger
At this point, I’m not considering short positions. However, if the ascending trendline breaks, I’ll reconsider. For now, I’ll continue searching for lower-level long triggers in case buyers temporarily lose strength.
💡 BTC Pair Insight
Against BTC, ZRO has shown strength recently, moving toward its range high. A breakout above 0.00007239 would set the stage for significant upward movement relative to BTC. This could lead to even greater performance in its USDT chart.
🎯 Summary
ZRO’s breakout from its consolidation range, coupled with strong buyer activity, suggests an exciting opportunity for both spot and futures traders. Keep an eye on critical resistance levels and volume confirmations to secure the best entries.
📝 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 | HNTUSDT Don’t Miss the New Move!👋 Welcome to TradeCityPro Channel!
Let’s get ready for the upcoming week! We’ll either see a strong movement or some consolidation, so let’s prepare our triggers in advance and analyze all scenarios before the market moves.
🌍 Bitcoin Overview
As always, let’s start by checking Bitcoin to complement our altcoin analysis. Today, BTC broke its 102,135 trigger but faces a significant resistance at 103,504. With increased volume, a breakout above this level could finally help BTC clear the critical $100K barrier.
For the upcoming week, if Bitcoin’s dominance rises and BTC follows suit, prioritize Bitcoin trades or coins that perform well against BTC. If BTC dominance drops, focus on altcoins. However, the first bullish move will likely coincide with rising BTC dominance.
⏰ Weekly Time Frame
Helium (HNT) shows relatively strong performance compared to other altcoins and is a good candidate to add to your portfolio this week!
HNT started its upward movement before the current bull run, maintaining a positive trend since 2023. This year, it recorded a higher low compared to 2023 and is now approaching its main resistance, attempting to break through.
The coin follows a parabolic trajectory, which is inherently bullish. Each time it hits the lower boundary of this parabola, it rebounds strongly, and this trend could continue.
This week’s candle closing above the SMA7 signals buyer strength despite seller presence. Buyers have emerged victorious with significant volume. After this candle closes, you can consider a spot buy with a risky stop loss below the shadow or a safer stop loss at 5.437. If RSI enters the overbought zone, expect a sharp upward move.
📅 Daily Time Frame
On the daily chart, HNT has outperformed other altcoins during its recovery and is currently testing a daily resistance level. A breakout here could trigger a sharp upward move.
Volume analysis shows reduced activity during the correction phase and increased volume during upward movements, confirming buyer strength in the market.
After breaking the trendline and finding support at 5.524, the coin moved upward. A potential buy entry lies at the breakout of 9.244. Follow this closely for spot or futures long positions, especially if RSI enters the overbought zone, which would provide excellent confirmation.
🔍 4-Hour Timeframe Analysis
HNT is currently facing a critical resistance at 9.393. Buyers have been active, attempting to break this level, which could lead to further bullish continuation after a successful breakout.
Before discussing triggers, let’s briefly cover the Fake Breakout strategy. This occurs when a support or resistance is initially broken but quickly reversed in the next candle, potentially signaling a trend change. Identifying this on lower timeframes can guide you to a solid entry after the first breakout.
📈 Long Position Trigger
breakout above 9.393 is a great trigger. Personally, I’ll be looking for a long entry above this level and will continue to hunt for long triggers as long as HNT stays above 8.004.
📉 Short Position Trigger
I’m not considering any short positions for now. If the market enters a bearish phase, I’ll look for lower long triggers instead.
💡 BTC Pair Insight
Against Bitcoin, HNT is in a ranging box with less volatility compared to BTC and hasn’t experienced severe drops like other altcoins. Its absence from Binance and limited volume data make it less prominent, but these factors have helped it avoid extreme sell-offs.
HNT has risen from a higher low within its range. With Bitcoin dominance closing green on the weekly chart, HNT’s weekly candle also closing green is a positive sign. After breaking the box’s upper boundary, I’ll consider holding it longer.
TradeCityPro | WLD : A Recovery Fueled by Positive Divergence👋 Welcome to TradeCityPro!
In this analysis, I will evaluate the WLD token. This token belongs to the Worldcoin project, founded by Sam Altman. The project's goal is to establish a digital identity for everyone, known as World ID.
📅 Daily Timeframe: An Uptrend Following a Decline
On the daily timeframe, after reaching the resistance zone at 11.868, bearish momentum diminished entirely. A bearish trend began after breaking the 6.23 level, pushing the price down to 1.349.
📊 Upon reaching the 1.349 support, a significant increase in buying volume entered the market. Coupled with a positive divergence at the end of the bearish trend, the price ended its decline and initiated a new bullish trend.
✨ In the new bullish structure, an upward trendline formed. At one point, the price made a fake breakout of this trendline. Following this, the market gained more bullish momentum, and after breaking the 2.496 resistance, additional buying volume pushed the price to 3.885.
🔽 Currently, after hitting 3.885, the market has entered a correction and consolidation phase, with the price even forming a shadow near 2.496. If the correction continues, the first supports are the upward trendline and the minor support at 2.496, which the price has already tested once.
📉 In the event of a deeper correction, the next support zone is 1.349, the most critical level on the chart. If this level is broken, 0.979 will act as the last price stronghold. If the RSI stabilizes below 50, the likelihood of a deeper correction increases.
🔼 If the 3.885 resistance is broken, the next resistance levels are 6.23 and 11.868. Given the high bullish volume, the probability of breaking 3.885 increases.
🔑 The 11.868 resistance, which is also the ATH, is the most important resistance at the moment. Breaking this level could lead to a new ATH for WLD.
📰 Given that the project's founder, Sam Altman, is highly reputable in the community, any promotion of the project by him could drive significantly more buying volume into the market.
📝 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! ❤️ above.
TradeCityPro | AVAXUSDT Analysis Buyer Resistance👋 Welcome to TradeCityPro Channel!
Let’s analyze AVAXUSDT triggers for the upcoming week and prepare for opportunities outside the global market’s regular hours to avoid chasing moves after they occur. 😊
🌍 Market Overview
First, as always, let’s glance at Bitcoin. BTC recently bounced from the 94,661 support level after a drop and is now struggling with the crucial 101,878 resistance. It also faces the psychological $100K level, which remains a significant barrier for traders.
For next week, a breakout above 101,878 could present a long opportunity. Setting a stop-buy order now with a stop loss at 98,857 might prevent missing any whale-driven moves, as the market currently aligns more with the Asian trading session.
If this resistance breaks and Bitcoin dominance drops, consider switching focus to altcoins for potential long trades. However, the next move for Bitcoin might be swift, with higher dominance and deeper pullbacks. Analyze it closely on the daily timeframe.
🕒 Weekly Time Frame
On the weekly chart, AVAX shows strong performance, rallying from $8 to $58 before this bull run. Additionally, it formed a higher low at $20.78 in 2023, a positive sign for this coin.
The trigger for a long position was the breakout above 32.48 on lower timeframes. If you’ve been following, it’s better to wait for a better entry or accept a stop loss to avoid missing out.
This weekly candle isn’t my favorite unless it turns green, confirming buyer strength for a potential hold. A new entry could be considered at a weekly breakout of 58.73, but this carries high risk and requires a wide stop loss. Lower timeframes may present better opportunities.
📊 Daily Time Frame
On the daily timeframe, AVAX recently broke 29.35 and 35.7, triggering spot buy entries. Current positions have returned 76% and 42%, respectively. These figures are shared not to induce FOMO but to encourage consistent market engagement and emotion management. Even if you miss an opportunity, other triggers will emerge.
AVAX has completely recovered from its recent drop, showcasing buyer strength, and formed a bullish V-pattern. This pattern’s breakout confirms its bullish nature. The current resistance stands at 54.01, with an additional key level at 60.37. Of these, 54.01 is the primary level to watch. Managing positions after breaking this resistance is crucial, though reactions at 60.37 are still possible.
Long-term members know this zone was previously a no-trade area. Back then, breaking 54.01 often led to stop-outs, while breaking 60.73 indicated whale activity. Depending on your risk tolerance, consider positioning accordingly. Personally, I prefer buying above 54.01 and accepting a stop loss.
🕒 4-Hour Time Frame
On the 4-hour chart, AVAX has retested its 54.01 resistance and recovered from recent corrections. A breakout above this level could continue its bullish momentum.
📈 Long Position Trigger
Long positions after the breakout are valid, with stop-buy orders and a relatively large stop loss. Above 69.14 RSI, momentum may increase significantly.
📉 Short Position Trigger
For short trades, I’d recommend holding off. As long as Bitcoin trades above 80K, I wouldn’t consider shorting. 😊
💡 BTC Pair Insight
Against BTC, AVAX has broken a significant weekly trendline and rebounded from strong support. It’s currently testing its trendline trigger, with bullish continuation expected after breaking 0.0005403 BTC. RSI above 70.35 confirms the momentum, boosting confidence in the USDT pair if the market remains bullish.
📝 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 | FXS : Signs of a Bullish Momentum Surge👋 Welcome to TradeCityPro!
In this analysis, I will evaluate the FXS token. This token belongs to the Frax project, which is considered one of the most comprehensive protocols in DeFi. It could be a strong investment for a bullish market portfolio.
📅 Weekly Timeframe: Early Signs of Bullish Momentum
On the weekly timeframe, we observe significant selling pressure right from the beginning of the chart. This selling pressure has driven the price down twice: once from the 38.917 resistance to the 4.468 support, and again from 11.859 to 1.613. Notably, this is one of the few coins that has yet to revisit the lows it formed in early 2023.
📊 Despite the significant decline, market volume has consistently increased, and overall, buying volume has been greater than selling volume.
📈 Currently, in line with Bitcoin’s upward movement, FXS has also rebounded from its 1.613 low and climbed to the 4.468 zone. This upward movement occurred after breaking the 34.90 resistance on the RSI, which introduced considerable bullish momentum into the market.
✅ If the 4.468 resistance is broken, the next targets are 7.515 and 11.859. These two resistances mark the goals for the next upward movement if it continues, with 11.859 being a key critical resistance for this coin.
🚀 Breaking the 11.859 resistance will be challenging. However, if the market gains substantial momentum, FXS could break through all resistances with a large bullish candle and head towards higher targets. On the other hand, a gradual and steady approach towards this level would make breaking it significantly harder.
🔼 If this resistance is broken, additional bullish momentum could enter the market, enabling the price to move towards the 38.917 zone and potentially reach new all-time highs (ATH).
🔍 To explore more scenarios, let’s examine the daily timeframe for detailed insights.
📅 Daily Timeframe: Struggling Against Key Resistance
In the daily timeframe, the latest upward movement in price is visible in more detail. As seen, after the last touch at 1.613, there was a massive and notable increase in buying volume. However, upon reaching the 4.819 resistance, a Blow Off candle was formed, marking the end of this trend’s upward leg.
📉 Currently, the price is in a corrective phase and has fallen below the 3.97 zone. If the correction continues, there is a significant resistance zone close to the 2.346 support level that I’ve highlighted. Should the RSI stabilize below the 53.46 support level, the likelihood of a deeper correction will increase.
🧩 Conversely, if the 4.819 resistance is broken, we could expect another rally for the price. The targets for this rally have been identified in the weekly timeframe analysis
📝 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! ❤️ above.
TradeCityPro | UNI : Maintaining Bullish Momentum👋 Welcome to TradeCityPro!
In this analysis, I’m going to review the UNI coin. The Uniswap project is a decentralized exchange (DEX) with one of the highest Total Value Locked (TVL) in DeFi. It has a native token named UNI.
📅 Daily Timeframe: Breakout of the Key High Wave Cycle Resistance
On the daily timeframe, after the price first reached the 14.895 resistance level, it was rejected and entered a downtrend, eventually hitting the 5.591 support with a Selloff candle.
📈 Once the price reached this support, the market momentum gradually shifted, and after breaking through the 8.403 resistance, momentum turned fully bullish. Even the key resistance of 14.895 was surpassed, pushing the price to the 18.979 zone.
🔽 After initially reaching the 18.979 resistance, the price showed a corrective candle, retracing back to 14.895 as a pullback. Following this, the price rallied again to 18.979, maintaining its upward momentum.
📊 Throughout this upward movement, the volume has consistently confirmed the trend and shown convergence. Additionally, after breaking 8.403, the RSI oscillator entered the Overbuy zone, indicating the bullish momentum is intact.
🚀 If 18.979 is broken, the major resistance levels to watch are 28.968 and 43.088. While there are additional resistance zones along the way, these two hold greater significance.
📉 Correction Scenario
In the event of a correction, the first significant level is 14.895, which has already acted as a pullback zone once. A deeper correction could see the price revisiting the 8.403 support.
✨ If this level is broken, market momentum will likely turn bearish. In such a case, the 5.591 and 3.857 levels will serve as the final strongholds for UNI.
📝 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 | AXL : Steady Uptrend & Potential Breakout Ahead👋 Welcome to TradeCityPro!
In this analysis, I will review AXL, the token of the Axelar project, which serves as a Crosschain platform and also features a blockchain explorer.
📅 Daily Timeframe: Uptrend and SMA Slope Change
On the daily timeframe, we observe a steady and gradual uptrend with a low slope. A clear ascending trendline is also visible, which has been tested by the price four times so far.
📈 The token has broken out of its box’s ceiling at 0.8318, but it hasn’t started its main bullish movement yet. A pullback to this level has occurred, and if 1.1281 is broken, the price could initiate its primary upward wave.
👀 Apart from the 1.1281 resistance, there is another significant resistance at 1.2781, located near this zone. Thus, the range between 1.1281 and 1.2781 forms a strong resistance zone, and breaking above this area could mark the start of the uptrend.
🧩 Given the upward slope of the SMA99, I believe we will soon see its influence, pushing the price higher.
🚀 If this zone is broken, the next targets are 1.6587 and 2.2828, with the second target being close to the ATH.
📉 Correction Scenario
In the event of a correction, the first key area is 0.8318, which has already been tested once and held firm. For deeper corrections, the initial zone to watch is the ascending trendline, and if the trendline breaks, 0.6386 becomes the next notable support.
📝 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 | AEVO : Accumulation Box with Potential for Growth👋 Welcome to TradeCityPro!
In this analysis, I’m going to review the AEVO coin. This project operates in the Premarket space, providing users with charts of coins before they are listed, enabling them to trade within this market.
📅 Daily Timeframe: Accumulation Box
On the daily timeframe, we observe a ranging accumulation box that, unlike most altcoins, has not been broken yet and remains below the resistance level of 0.6160.
💪 There is a critical zone at 0.4472 that acted as a strong resistance prior to being broken. After the breakout, during a market correction, this zone prevented a deeper price drop and provided a strong recovery for the coin.
✨ The RSI indicator has shown a very strong positive divergence since the beginning of the chart, featuring five lows. Currently, this divergence is active and could reflect its influence on the chart.
🛒 The key area right now is 0.6160. If this level is broken, the accumulation box will also break, and we can expect the divergence to manifest its effect on the price action.
📈 Upon breaking this level, the next resistance levels are 0.7776 and 1.0775. The next major resistance is the ATH, located at 3.6599. Considering the project's low market cap, reaching this target is plausible if sufficient buying volume enters the market.
🤝 If you already hold AEVO and are in profit, I recommend continuing to hold, as the coin has not moved significantly yet. Given its high potential, it’s worth holding at least until 0.7776 or 1.0775.
🔽 Correction Scenario
If the price corrects, the first significant area is 0.4472, which has been tested once and has proven to be very robust. In the event of a deeper correction, 0.2823 is the most critical level on this chart and represents the coin’s final stronghold.
📝 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 | ONDO : Bullish Momentum with Potential Targets👋 Welcome to TradeCity Pro!
In this analysis, I will review the ONDO coin for you. This project is one of the well-known Real World Asset (RWA) projects. The analysis will be conducted on daily and 4-hour timeframes.
📅 Daily Timeframe: Pullback to ATH
In the daily timeframe, we observed a ranging box from 0.56961 to 0.83103, which served as an accumulation zone. After breaking above the top of this box, the price experienced significant growth.
📊 Within this range, after the price reached the bottom of the box for the second time, buying volume increased substantially. Post-breakout, the buying volume continued to rise.
📈 Following the breakout, the SMA25 indicator acted as strong support, guiding the price to the resistance level at 1.11464. After breaking this resistance, considerable buying pressure entered the market, enabling the price to record a new ATH.
🚀 Examining the Fibonacci Extension levels, the new ATH was precisely recorded at 0.618, highlighting the importance of these levels in this chart. If the uptrend continues, the next targets are the 0.786 and 1 Fibonacci levels, approximately around $2.72 and $4.14. If the RSI re-enters the Overbuy zone, bullish momentum will enter the market, increasing the likelihood of reaching these targets.
🔽 In case of a pullback, the first significant level is 1.45288, which was the previous ATH, where the price has already pulled back once. If the correction deepens, the next key level will be 1.11464.
⏳ 4-Hour Timeframe: Detailed View and Futures Triggers
In the 4-hour timeframe, we can observe more details of the Low Wave Cycle.
🔼 Currently, the price is struggling with the monthly R2 pivot point, and as seen, market volume is increasing. If 1.87365 is broken, the price may move towards the monthly R3 and R4 pivot points.
📉 In case of a pullback, the first support, as mentioned in the daily timeframe, is 1.46522, which overlaps with R1. If the correction continues, the next support zone will be 1.10747, aligning with the main pivot point.
✨ In my opinion, considering the strong bullish momentum, the price is gearing up for the next sharp upward leg. Upon RSI confirmation, we could witness steep bullish candles, as the price has recovered from its correction faster than other altcoins and has maintained its bullish momentum.
📝 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 | NZDCAD : Approaching Key Support Levels👋 Welcome to TradeCityPro!
In this analysis, I will review the NZDCAD forex pair for you. The analysis will be conducted on the daily timeframe.
📅 In this timeframe, a gradually sloping upward channel can be observed, with the price currently positioned near the bottom of the channel. The nearest support level to the current price is at 0.81376.
🧩 If the RSI manages to stabilize above 56.22, upward momentum could enter the market, allowing the price to potentially move towards the 0.83869 level.
📈 If 0.83869 is broken, the next resistance level will be at 0.86836, which approximately overlaps with the upper boundary of the ascending channel.
🔽 In the bearish scenario, as mentioned earlier, the first support level is 0.81376, and if this area is broken, the next support level will be 0.79789, which is one of the strongest support zones on the chart.
🔑 Overall, considering the more bearish momentum and the gentle slope of the ascending channel, I believe the likelihood of the channel breaking downward is quite high.
📝 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 | AR : Resistance Levels and Potential for Recovery👋 Welcome to TradeCityPro!
In this analysis, I want to review the AR coin for you. This coin specializes in data storage on the blockchain and has its own dedicated blockchain for this purpose.
📅 On the daily timeframe, after the price reached the resistance at 48.01, it entered a correction phase, dropping to 16.99 and even reaching 13.03. Along this decline, a descending trendline was formed. After buying volume entered the market and the trigger at 20.09 was broken, this trendline was also breached, and the price began to rise.
📈 Currently, after reaching the resistance at 28.85, the price underwent a deep correction, dropping in a single candle back to the area of 20.09. This type of correction is natural in a market with a sharp trend, and most of the time, prices quickly recover from such corrections.
🔑 However, looking at the charts of many altcoins, it is difficult to conclude that we are in a sharply bullish trend. For example, AR itself. The reference to this trend pertains to the overall market trend, with Bitcoin leading the market. Observing Bitcoin's chart shows a very strong bullish trend, and the behavior of altcoins tends to follow Bitcoin's.
✨ In the 45.20 zone, there is critical support on the RSI. As long as the RSI remains above this area and the price stays above the 20.09 zone, the momentum will remain bullish. If the RSI and price drop below these levels, the market momentum will reset.
🔽 For further corrections, the next support levels are 16.99, 13.03, and 10.92, respectively. However, if the price stabilizes above the 28.85 area, it could move toward targets of 37.06 and 48.01.
🚀 The 48.01 resistance is one of the strongest resistances for this coin. If it manages to break this level, the next target will be the resistance at 86.39, which is near the ATH.
📝 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 | EURAUD : A 627-Day Consolidation Zone👋 Welcome to TradeCityPro!
In this analysis, I want to review the EURAUD forex pair for you. The analysis is conducted on the daily timeframe.
📅 On the daily timeframe, the pair has been ranging between the support level of 1.60295 and the resistance level of 1.68538 for a very long time. The duration of this range has now reached 627 days.
🧩 Currently, the price is facing resistance at 1.65286, and if this resistance is broken, it could move toward the top of the box. A break of 66.57 on the RSI could introduce bullish momentum into the market and increase the likelihood of breaking this resistance.
📈 If the price reaches the top of the box, the resistance at this level is 1.68538, which is a very strong resistance. If this level is broken, the next area to watch is 1.72457.
🔽 In the event of a decline, the first area of support is at the bottom of the box. If this level is broken, the next support is at 1.58785, which is close to the bottom of the box. The major support levels to watch after that are 1.56542 and 1.52961.
✨ Considering the prolonged duration of this box, if it breaks on either side, it could act like a compressed spring, moving sharply and powerfully in the direction of the breakout.
📝 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 | LPT : Testing Key Levels with Bullish Momentum👋 Welcome to TradeCityPro!
In this analysis, I’m going to review the LPT coin, one of the projects in AI and Media. The analysis will cover both weekly and daily timeframes.
📅 Weekly Timeframe: Engaging with a Key Resistance
In the weekly timeframe, after breaking 9.415 and reaching the resistance at 22.569, the price entered a range between these two levels. Currently, it has reached the resistance at 22.569 for the third time. Significant buying volume has entered the market, and considering Bitcoin’s bullish momentum and the correlation between altcoins and Bitcoin, the probability of breaking this level is high.
📈 If this level is broken, the next resistances will be 31.516 and 63.738. Breaking 63.738 could likely lead to a new ATH.
✨ In the case of a correction, the most critical factor is the 41.57 level on the RSI, which should not be lost. As long as the RSI remains above this level, the market momentum is seen as bullish.
🔽 The key price level for a potential correction is 9.415. If this support is broken, the next levels are 5.451 and 3.787.
📅 Daily Timeframe: Decreasing Bullish Momentum
On the daily timeframe, after breaking the ascending trendline near the bottom of the range, the price managed to move toward the top of the box without any significant correction. However, with the RSI returning below 70, the bullish momentum has decreased.
📉 In the event of a correction, the first support level in this timeframe is 15.485. If this level is broken, the next support is the bottom of the box at 9.967.
🔼 If the price breaks through 23.423, the next resistance will be 31.003, which the price could reach upon a successful breakout.
📝 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 | CFX : Breaking Out of Consolidation👋 Welcome to TradeCityPro!
In this analysis, I’m going to review the CFX coin. After consolidating for a long time within a box between 0.1147 and 0.1903, the price has finally broken the upper boundary of the box and is moving upward.
📅 Daily Timeframe: Multiple Resistances Above the Price
On the daily timeframe, after breaking 0.1903, the price gained strong bullish momentum, and a significant amount of buying volume entered the market. However, upon reaching the first resistance at 0.2572, the price failed to break through and is now consolidating below this level.
✨ The RSI oscillator is exiting the Overbuy zone. If it manages to remain or re-enter the Overbuy zone, the price could continue its upward movement.
📈 In case of a breakout above 0.2572, the next resistances will be 0.3564 and 0.5125. If the price manages to stabilize above these levels, the next target will be 1.0368, which represents the ATH resistance of this coin.
🔽 Correction Scenario
The first support level is at 0.1903, and the next one is at 0.1147, which is the final stronghold for buyers to maintain the price.
📝 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 | PEPE: Testing Resistance for a Potential Breakout👋 Welcome to TradeCityPro!
In this analysis, I’ll review PEPE, one of the most popular meme coins in the crypto space. This analysis focuses on the daily timeframe.
📅 Daily Timeframe: Consolidation and Breakout Potential
On the daily chart, the price has been consolidating within a long-standing range between 0.00000658 and 0.00001668. After breaking through the 0.00001292 resistance, significant volume and momentum entered the market, leading to a breakout above 0.00001668.
🧩 Currently, the price has formed a peak at 0.00002386, which it is now testing for the second time. A successful breakout above this level could spark a new bullish move.
✅ Based on monthly pivot points, the next targets for this upward movement would be 0.00002821 and 0.00003622. If the bullish momentum continues, the subsequent targets would be 0.00004647 and 0.00005448.
📈 If RSI stabilizes above the 70 level and buying volume resurges, the likelihood of breaking 0.00002386 increases.
📉 Support Levels in Case of a Pullback
🔽 The first key support is at 0.00001668, which has already been tested once during a correction.
🔴 If the price continues to decline, the next support level would be 0.00001292.
📝 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 | ARKM : Uptrend with Increasing Buy Volume👋 Welcome to TradeCityPro!
In this analysis, I’ll review ARKM. If you’re active in the DeFi space, you’ve likely used Arkham, a platform designed for tracking wallets—a highly useful tool for DeFi enthusiasts.
📅 Daily Timeframe: Uptrend with Rising Buy Volume
On the daily chart, after a price drop, the 0.915 support prevented further decline. Following the breakout above 1.298, bullish momentum entered the market, driving the price upward to the 2.695 resistance level.
🔑 This uptrend is supported by a trendline that has provided solid backing for the price in three instances so far. Additionally, buying volume has been steadily increasing, indicating a strong trend with no signs of weakness.
✨ As long as RSI remains above the 50 level, market momentum is considered bullish. A drop below 50 would reset momentum.
📈 If the 2.695 resistance is broken, the next bullish leg could begin, with 3.917 as the subsequent resistance level.
🔽 In case of a pullback, the price may correct to the trendline, which would be a minor retracement. The next significant support is at 1.981.
📉 For short positions, I personally won’t open any unless the price drops below 1.981 and confirms a trend reversal below this support.
📝 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 | EURGBP : Testing Weekly Range Support👋 Welcome to TradeCity Pro!
In this analysis, I’ll review the EURGBP forex pair, focusing on the daily timeframe.
📅 Daily Timeframe: Downtrend Near Weekly Support
The pair has been in a downward trend accompanied by deep retracements. Currently, it is moving along a descending trendline and has reached the 0.82711 support level.
🔍 The 0.82711 level represents the bottom of a weekly range that has been in place since 2020. At present, the price is oscillating near this crucial support.
✨ If the 40.17 level in RSI is broken, bearish momentum will increase, raising the probability of breaking the 0.82711 support. In such a case, the next support would be at 0.80934.
📈 If the price holds at this zone, the first long trigger is at 0.83901. However, this is considered a risky trigger. Personally, I prefer waiting for a higher low above this level to confirm a trend reversal.
🔼 The next long trigger is a breakout above 0.85129, which is a more reliable signal. The subsequent resistances are at 0.86142 and 0.87442.
🔑In my opinion, the price is likely to move upward from here as it has reached the bottom of a 4-year range, and market momentum is declining. For now, I anticipate the price will find support at this level and may attempt to break the range in the future.
📝 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 | ETHFI : Breakout and Bullish Momentum👋 Welcome to TradeCityPro!
In this analysis, I will review the ETHFI coin. This platform is one of the most significant DeFi platforms with a high TVL (Total Value Locked).
📅 Daily Timeframe: Breakout of the Range and Start of an Uptrend
In the daily timeframe, after a sharp drop to the 1.202 support, a range box formed between 1.202 and 1.865.
✨ Following this consolidation within the range and with increasing buying volume, the 1.865 resistance was broken. Currently, after testing the 2.556 resistance once, the second attempt has successfully broken it. The next significant resistance on the chart is 3.264.
📈 After the breakout, volume has gradually decreased, and candle sizes are shrinking, indicating potential weakness in the trend and increasing the probability of a correction.
🔑 On the other hand, the RSI is nearing the Overbought zone, and if it manages to stabilize above 70, the likelihood of a sharp upward move will increase significantly.
🚀 In the case of a sharp move, the next targets are 5.128 and 7.907. If 7.907 is broken, a new ATH (All-Time High) is likely to be established.
🔽 In the case of a correction, the first significant support is at 1.865, and if this area breaks, market momentum will dissipate.
📝 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 | GBPUSD : Long-Term PerspectiveWelcome to TradeCityPro!
In this analysis, I will review the GBPUSD pair in the Forex market. The analysis is conducted on the weekly timeframe with a long-term outlook.
🔍 In this timeframe, after a sharp drop in price from the 1.41548 peak to the 1.08659 bottom, the price began an upward correction and is currently moving upward along a rising trendline.
🔑 If the trendline is broken, the likelihood of a bearish move increases. For short positions, the 1.25096 support level is ideal. The next important supports are 1.19225 and 1.08659. Breaking below 35.25 on the RSI could increase the probability of a bearish move and introduce bearish momentum into the market.
📈 As long as the price remains above the rising trendline, the trend is considered bullish. For long positions, breaking through 1.32073 and 1.33744 is ideal. The target for this move will be 1.41548.
📝 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 | TRX : An Intense and Unexpected Pump👋 Welcome to TradeCity Pro!
In today’s analysis, I’ll review TRX, which recently experienced a sharp and unexpected pump. Many traders in various communities seem to have succumbed to FOMO following yesterday’s surge. This analysis will focus on managing profits and navigating a coin that has already pumped significantly.
📅 Weekly Timeframe: Sharp Rally
In the weekly timeframe, there’s a well-established, long-term trendline that has repeatedly supported the price. I’ve often emphasized that if you’re holding TRX, it’s worth holding as long as the price stays above this trendline.
📊 The trading volume has consistently increased during the price’s rise from $0.0493 to $0.1446. After hitting this resistance, the market consolidated between $0.1084 and $0.1446 for a while.
🚀 Once the critical resistance at $0.1446 was broken, TRX achieved a new all-time high. After surpassing $0.1675, the price saw a massive pump. The RSI climbed past 80.97 and now stands at an extraordinary 91.72, indicating extremely overbought conditions. At such high RSI levels, I typically wait for a correction before making any moves.
✅ Profit-Taking Strategy
For those who have been holding TRX, consider taking some profits now. With the RSI at such elevated levels and the price nearing the 1.272 Fibonacci level, the likelihood of a correction is significant. I personally take profits at this stage and recommend you do the same. However, do not sell all your holdings, as there’s always the potential for further upward movement.
📈 If the rally continues, the next target would be the 1.618 Fibonacci level, often considered a critical resistance. Nevertheless, taking profits now is wise, especially since many holders are likely over 100% in profit, providing an excellent opportunity to withdraw your initial investment.
🛒 Advice for New Investors
If you don’t already hold TRX, do not buy at this stage. This is not an optimal entry point. Current long-term holders are likely to be taking profits, so it wouldn’t be prudent to buy while they are exiting. Patience is key; wait for a correction or a better setup before considering an entry.
📝 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 | AUDCHF : Approaching Historic Lows👋 Welcome to TradeCityPro!
In this analysis, I’ll review the AUDCHF pair, currently positioned near its all-time low support, making the possibility of volatile movements high.
📅 Daily Timeframe: End of the Triangle
In the daily timeframe, after a false breakout of the 0.56223 support and subsequent recovery from the 0.55233 level, the price has formed a symmetrical triangle. At the moment, the price is moving in the second half of the triangle.
📈 I usually avoid holding positions near the end of a triangle. For a long position, I prefer to wait for a breakout above the 0.5869 resistance and stabilization above this level.
🔑 If 62.76 on the RSI is broken, bullish momentum is likely to enter the market, increasing the probability of a breakout above 0.5869.
🔽 For a short position, if the triangle breaks to the downside, the first trigger will be at 0.56741, though this is considered risky. The main short trigger would be a break below 0.56223.
📝 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 | JUP : Prepping for a Breakout👋Welcome to TradeCityPro!
In this analysis, I’ll be reviewing the JUP coin. This token is the native token of the Jupiter project, part of the Solana ecosystem, and operates in Solana’s DeFi space.
📅 Daily Timeframe: Breakout from the Box?
In the daily timeframe, we see a long-term box pattern ranging from a bottom at $0.6818 to a top at $1.2542, with the price currently at the upper limit of the box.
🧩 A rising trendline is also visible, with the price touching it three times so far, each time being pushed upwards.
📊 Buying volume has been increasing from the bottom of the box, and now, after reaching the resistance at $1.2542, the reducing volume during the correction indicates the strength of the trend.
🔼 If $1.2542 is broken, the next resistance level will be at $1.7463. Upon breaking $1.7463, it is highly likely that a new all-time high (ATH) will be achieved.
✨ The RSI indicator also shows a rising trendline, and as long as the price remains above this line, the momentum is considered bullish. If 63.41 on the RSI is broken, stronger bullish momentum is likely to enter the market.
📉 In a correction scenario, if the price trendline and the RSI trendline are broken, the first target will be $1.0289, and the second will be $0.8625.
⏳ 4-Hour Timeframe: Futures Triggers
In this timeframe, we can observe the price action in more detail.
📈 If $1.2542 is broken, the price can move towards $1.4619. This trigger looks highly favorable, and I will personally attempt to open a long position if the price stabilizes above this level.
🔽 For short positions, you can consider entering after the trendline and $1.0441 are broken, although I personally avoid opening short positions in the current market conditions.
🔑 As long as the RSI remains above 50, the likelihood of breaking $1.2542 increases.
📝 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! ❤️