BTC on high timeframe , wait for more information about price
"Hello traders, Merry Christmas and Happy New Year! Let's talk about BTC in the high timeframe. As indicated on the chart, the $90k- GETTEX:92K range is a critical zone. To mitigate risk, it's advisable to wait for the price to reach this zone and observe its behavior for further signals. If the price sharply breaches and closes below this range on the high timeframe, the next potential price levels could be $75k-$80k. However, if the price merely dips below GETTEX:92K , forming a candle pattern like FVG on the 1-hour chart, it might present a good opportunity for a long position."
Trend Analysis
NEAR/USDT Trade Setup. NEAR/USDT Trade Setup
Entry Price: CMP and $4.05
Stop Loss (SL): $3.60
Targets:
$8.50
$12.00
$16.00
$20.00
Leverage: 5x to 10x
The chart shows a descending triangle breakout, a bullish reversal pattern, indicating significant upward momentum.
Price is currently above the breakout level, validating potential continuation toward higher targets.
Let me know if you’d like further assistance or adjustments!
DYOR. NFA
Catch Big Reversals Like a Pro Using the GOLDEN RSIHow to Catch Market Tops and Bottoms Using the GOLDEN RSI Indicator
Trading market reversals can feel like a daunting task. But what if you had a secret weapon to help you identify tops, bottoms, and potential reversals with ease? Enter the GOLDEN RSI Indicator—a custom-built tool designed to revolutionize your trading strategy. In this tutorial, I’ll show you how to leverage this powerful indicator to spot reversal trades like a seasoned pro.
What is the GOLDEN RSI Indicator?
The GOLDEN RSI builds on the traditional RSI (Relative Strength Index) by adding optimized zones and visual signals that highlight potential bullish and bearish reversals. Unlike the standard RSI, which requires subjective interpretation, this indicator provides precise entry and exit signals by visually marking key market conditions.
How to Use the GOLDEN RSI to Catch Market Reversals?
Understand the Key Zones:
Overbought Zone (Above 80): Signals a potential market top or reversal from bullish to bearish.
Oversold Zone (Below 20): Indicates a potential market bottom or reversal from bearish to bullish.
Neutral Zone (60-40): Consolidation phase where trends are less decisive.
Spotting Bullish Reversals
When the RSI dips into the oversold zone (below 20) and begins to reverse upward, the GOLDEN RSI will highlight a Bull signal. This suggests a potential upward move, ideal for long trades.
Pro Tip: Look for confirmation with price action, such as a bullish candlestick pattern or a break of resistance.
Spotting Bearish Reversals
When the RSI climbs into the overbought zone (above 80) and starts to turn down, the GOLDEN RSI will mark a Bear signal. This indicates a potential downward move, perfect for short trades.
Pro Tip: Combine with chart patterns like double tops or bearish engulfing candles to strengthen your confidence in the trade.
The Hidden Power of Divergences
Bullish Divergence: Price makes lower lows while the RSI makes higher lows. This signals potential bullish momentum.
Bearish Divergence: Price makes higher highs while the RSI makes lower highs. This signals potential bearish momentum.
The GOLDEN RSI visualizes divergences clearly, so you can spot them effortlessly.
Use Risk Management Tools
Set stop-loss levels below recent swing lows (for bullish trades) or above recent swing highs (for bearish trades).
Use risk-reward ratios of at least 1:2 to maximize your profit potential.
Real Trade Example Using GOLDEN RSI
In the SPX 15-minute chart above, the GOLDEN RSI accurately identified:
A Bearish Reversal near the market top, as the RSI entered overbought territory and started to fall.
A Bullish Reversal as the RSI dipped into the oversold zone and recovered upward.
These signals allowed for precise entry points, minimizing risk and maximizing rewards.
Why the GOLDEN RSI is a Game-Changer
Unlike generic RSI tools, the GOLDEN RSI is designed with traders in mind. It eliminates the guesswork by providing visual cues for market reversals. Whether you’re trading stocks, indices, or crypto, this indicator is a must-have in your toolkit.
How to Get the GOLDEN RSI Indicator?
Want to try it for yourself? Head over to TradingView and add the GOLDEN RSI Indicator to your chart. Use it alongside your favorite price action strategies to take your trading to the next level.
Conclusion
Reversals can make or break a trader’s portfolio. By mastering the GOLDEN RSI, you can confidently spot market tops, bottoms, and reversals with precision. Start using this custom indicator today and watch your trading results improve dramatically!
Don’t forget to like, share, and follow me on TradingView for more tutorials like this one. Let’s catch those reversals together!
Plain&SimpleDax40 has formed a curvature which price has failed to penetrate to the upside. This has led price to fall under and face rejection by the 50 day moving average. Traders that are conditioned to chart pattern recognition will quickly notice that price structure has formed a textbook *inverted cup&handle*… And as we can all see, the 50 day moving average is looking to cross downward over the 200 day moving average. Experienced traders are aware what this phenomenon means…..
Based of previous held support and retracement, price is likely to hold major support for the pending falling at 19100-19080….
50ma{blue} 200ma{red}
comment, questions &concerns…
XRP Long 1$- Price just took out the High and drove FOMO buyers into buying a potential breakout.
- With price dumping afterwards all stops have been ran and price does came back into the initial CISD level.
- This is the optimal long trade entry level with market being in total fear right now.
Take care and good luck.
GBPAUD - Corrective structure in developmentGBPAUD is forming a corrective structure within the HTF to indicate the next bearish move down. On the LTF we can see the developing structure is awaiting a 3rd touch to complete this bearish pattern.
I will look for an entry only if we get a reversal impulse followed by a LTF correction with targets to the previous swing lows.
MORPHO/USDTKey Level Zone : 2.750 - 2.870
HMT v3.0 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
Sharing this with love!
HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
Short correction (Bearish) idea on USDJPYI was bullish on the pairs on 152.500 as shown on my charts. Now I am expecting a rejection to 154.7 for the bullish trend to continue and possibly make a HH.
I was look for a high probability entry and wait for market reaction.
Also market is overbought on my RSI and technically should reject.
However,I am not trading against the trend just trying to catch some decent pips.In the end,trading is only reactive and predictive, so we wait!
My view and target for DAX 40 for 27.12.24Hi guys, How are you doing? Merry Christmas
** The time frame is the daily
** The bule curved lined indicates to the points of support which the index HAS to settle on and as you see, it went there to touch by long wick which is not enough for me! should be by a body or to go down than these points then to bounce back up and settle on again, however, I personally believe that even after the index will go to my TP, these points will not hold and the index will continue go further moves to the downside, but it is early still to judge on now.
** The previous daily candles wicks have to be filled which is supporting my idea too.
** Please zoom out and open your daily frame chart then you van have a better understanding on your charts!
** Good luck always
Note:
My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help.
I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
Bold BTC/USD Long Entry: Key Support & Big Targets Ahead!Hey, traders! 🚀 Here's my long entry on BTC/USD on the 1-hour timeframe:
📊 Trade setup:
- Entry: $93,421.02
- Take Profit: $101,754.97
- Stop Loss: $85,195.40
I decided to enter here because the price is holding at a key support level, backed by oversold signals on the RSI and confirmations from the VIP indicator. The Stop Loss is strategically placed below the support to manage risk, while the Take Profit targets a strong resistance level for a solid risk-reward ratio.
What do you think? Would you take this trade? Let me know in the comments, and don’t forget to manage your risk wisely! 🔥📈
Disclaimer: This content is for informational and educational purposes only and does not constitute financial advice. Trading involves significant risk, and you should only trade with money you can afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. 🚨📊
AGLD/USDTKey Level Zone : 2.340-2.440
HMT v3.0 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
Sharing this with love!
HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
#Bitcoin $BTCUSD [2 Marks 75-73k & 115k]CRYPTO:BTCUSD is anticipated to test the 75k : 73k zone where a huge demand is located whereoff it is anticipated to retest ATHs and probably break to 115k.
Closest demand is located at the breakout zone.
#Bitcoin #BTC #COIN #CRYPTOCURRENCY #CRYPTO #BITCOINPRICE #BTCANALYSIS #AHMEDMESBAH
Monday MVIS Trade Setup!🔻 **Stop Loss (SL):** Below **1.39**
📈 **Entry:** Above **1.51**
🎯 **Target 1 (T1):** **1.61**
🎯 **Target 2 (T2):** **1.75**
💡 **Why Trade:**
Symmetrical triangle breakout with bullish momentum and strong volume support.
✅ **Conclusion:**
Prepare for Monday’s breakout opportunity; monitor volume and momentum for confirmation. 💪📊
Slight drop Bitcoin is currently transitioning from a correction into a bearish phase, because the crypto failed to rally upwards past the consolidation structure in favour of stabilising and moving below it. As long as price, action remains under 100k and further solidifying under 92k, BTCUSD may drop towards immediate support zones at 84, 80, and 74k to find buying pressure again.
QKC/USDT - Ascending Triangle Breakout with 20% Target TECHNICAL ANALYSIS: 📈
Price Structure:
- QuarkChain currently showing a clear ascending triangle pattern
- Current price: $0.01036 (-1.57%)
- Trading timeframe: 1H chart
- Key price level identified at $0.012(potential 20% upside)
Pattern Analysis:
- Formation of an ascending triangle with:
• Horizontal resistance: $0.0122
• Rising support trendline (gray)
• Compression zone between $0.010 - 0.0105
Key Observations:
- Price has broken above the immediate resistance
- Volume showing signs of accumulation
- Target projection based on pattern height: 20.10% upside
- Clear support zone: $0.009800-0.010000
Trade Setup:
▪️ Entry Zone: $0.0103-0.0104
▪️ Target: $0.012 (20% potential)
▪️ Stop Loss: Below ascending trendline ($0.0099)
▪️ Risk:Reward ratio approximately 1:3
Important Levels:
- Current Resistance: $0.011
- Key Support: $0.010
- Pattern Target: $0.012
Timeframe: 1H
Bias: Bullish with break confirmation
Pattern: Ascending Triangle Breakout
Note: Always use proper risk management and position sizing. This is technical analysis only. DYOR.
#QKC #Crypto #TechnicalAnalysis #Binance