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BNBUSD ( INSIDE SENSITIVE AREA IN DESCENDING CHANNEL ) ( 4H )BNBUSD HELLO TRADERS inside sensitive area between two turning level , currently it will be attempt to reach turning level (2) . Tendency, the price inside sensitive are between two turning level around 487 and 526 . Upward Zone : in order see increase , if the price corrective turning level (2) and stabilizing above this level should be trying to reach turning level (1) at 526 , to confirm up trading , the price will be breaking turning level (1) to reach resistance level (1) at 557 , after by closing 4h candle above it reach a resistance level (2) at 596 . Downward Zone: by breaking turning level (2) at 487, the price should be trying to reach support level (1) at 453 , after stabilizing below this level could further support to reach of as next level at 403 . TARGET LEVEL : RESISTANCE LEVEL : 557 , 596 . SUPPORT LEVEL : 453 , 403 .
BINANCE:BNBUSD
by ArinaKarayi
XAUUSD ( BREAKING TURNING LEVEL (1) ) ( 4H )XAUUSD HELLO TRADERS as mentioned until the price remain a turning level (2) at 2,391$ , indicates to reach 2,420$ . yesterday the price sharply rising nearby +450pip , currently stabilizing 2,420$ as long as the price trading above this level directly toward to reach 2,436$ Tendency, the price trading above turning level (1) , this makes the upward direction active . Upward Zone : currently the price remain turning level (1) , until the price trading above this level we can see strong upward trending to reach resistance level (1) at 2,436$ and resistance level (2) at 2,459$ . Downward Zone: by breaking turning level (1) around 2,420$ , the price dropping to reach a turning level (2) at 2,391$ , to confirm downward , the price need breaking 2,391$ by open 4h candle below it to reach a support level (1) at 2,364 , then to reach support level (2) at 2,346$. TARGET LEVEL : RESISTANCE LEVEL : 2,436$ , 2,459$ , 2,474$ . SUPPORT LEVEL : 2,364$ , 2,346$ .
OANDA:XAUUSDLong
by ArinaKarayi
Flag Pattern Alert: Gold's Big Decision!Now that the title got your attention! Take some time to fully digest the market breakdown below where we cover this further in depth! 1. Price Structure: - Downtrend: The chart shows a significant downtrend from the left side, leading to a series of lower highs and lower lows, which is a classic bearish structure. - Consolidation/Flag Formation: After a strong bearish move, the price appears to be consolidating within a flag pattern, as indicated by the 15-minute and 1-hour flag formations. This is typically a continuation pattern, suggesting that the market might continue in the direction of the previous trend (downwards). 2. Key Levels: - Daily LQZ (2,474.774): This is a higher time frame liquidity zone. Price is currently below this level, indicating that there might be significant resistance here. - 4HR LQZ (2,459.094): This zone is also above the current price, acting as potential resistance. A move towards this zone might face selling pressure. - 1HR LQZ (2,445.648): This is a closer resistance level, just above the current price action, within the range of the flag pattern. A breakout above the flag might target this LQZ. - 15M LQZ (2,415.863): Price is currently hovering around this level, indicating that the market is at a critical point where it could either bounce or break lower. - 1HR LQZ (2,402.417): If the price breaks down from the current flag, this level could act as the next target/support. 3. Potential Scenarios: - Bullish Scenario (Green Arrow): - Breakout of the Flag: If the price breaks out upwards from the flag formation, it could signal a reversal or a correction within the larger downtrend. - Target Levels: The price might aim for the 1HR LQZ at 2,445.648 first, with potential further movement towards the 4HR LQZ at 2,459.094, and eventually towards the Daily LQZ at 2,474.774 if bullish momentum continues. - Bearish Scenario (Orange Arrow): - Breakdown from the Flag: If the price breaks down from the flag pattern, it would confirm the continuation of the bearish trend. - Target Levels: The immediate target would be the 1HR LQZ at 2,402.417, followed by the next lower Daily LQZ at 2,355.819. 4. Market Phases: - Impulsive and Corrective Phases:The downtrend before the flag can be considered an impulsive phase, while the flag pattern itself represents a corrective phase. Understanding these phases can help anticipate the next move. 5. Lower High Formation: - The chart also marks a “Lower High” within the flag formation. This suggests that the bulls are struggling to push the price higher, which is a bearish signal, reinforcing the likelihood of a breakdown. 6. Volume Analysis: - Volume Support: The volume seems to be lower during the flag formation compared to the preceding downtrend, which is typical in a consolidation phase. A breakout with strong volume would give more validity to the direction. 7. Conclusion: - Bullish Bias: If the price breaks out of the flag with strong momentum and volume, a short-term bullish move towards the higher LQZs can be expected. - Bearish Bias: The overall trend and the formation of a lower high suggest a bearish continuation. If the price breaks down from the flag, the bearish scenario could play out with targets towards the lower LQZs. This breakdown gives you a structured view of the current market conditions on this chart. As always, consider combining this technical analysis with other factors like market sentiment, fundamental analysis, and your risk management strategies.
OANDA:XAUUSDLong
by Adlercon333
USDJPY ( INSIDE ASCENDING CHANNEL ) (4H) USDJPY HELLO TRADERS Tendency, the price is under upward pressure , until the price trading above support level (1) at 144.354 . Upward Zone : until the price trading above support level (1) , may make be ascending channel , currently the price trading above turning level at 145.808 , to rising reach of a resistance level (1) around 149.186 , to confirm upward , price need breaking by close 4h candle above 149.186 to reach resistance level (2) at 152.225 , may be the price reserve and breaking turning level to reaching a support level (1) at 144.354 , after starting a up trading to inside resistance zone . Downward Zone: should the price reserve and breaking turning level at 145.808 , indicates dropping to support level (1) around 144.354 , to confirm downward , the price it will be breaking 144.354 , by closing 4h candle below it to reach support level (2) at 142.275 , called support zone have been buying increase in this zone . Corrective level :Price may make a correction at 145.808 & 144.354 , before rising . TARGET LEVEL : RESISTANCE LEVEL : 149.186 , 152.225 . SUPPORT LEVEL : 144.354 , 142.275 .
Long
by ArinaKarayi
XAUUSD ( INSIDE TWO TUENING LEVEL ) ( 4H )XAUUSD HELLO TRADERS currently price between two turning level by breaking each level determine the direction , for know the price trading above turning level (2) at 2,391$ , remain this level it will be attempt to reach a turning level (1) at 2,420$ . Tendency, the price inside two turning level around ( 2,420$ & 2,391$) Upward Zone : in order see increase , the price need breaking turning level at 2,420$ , by closing 4h candle above it , easily to reach a resistance level (1) around 2,436$ , remain this level indicates the price trying to inside a resistance zone between 2,459$ and 2,474$ . Downward Zone: by breaking turning level (2) around 2,391$ , the price dropping to reach a support level (1) at 2,364$ , to confirm downward , gold need breaking support level (1) by open 4h candle below it to reach a support level (2) at 2,346 . TARGET LEVEL : RESISTANCE LEVEL : 2,436$ , 2,459$ , 2,474$ . SUPPORT LEVEL : 2,364$ , 2,346$ .
OANDA:XAUUSD
by ArinaKarayi
"Straddle" on the Yen. Can we make money on this?The Japanese yen option market bet on Straddle. A "Straddle" is a type of options strategy that aims to profit from market volatility regardless of the direction of price movement. In simpler terms, a Straddle involves buying both a call and put option with the same strike price, creating a neutral position. This type of strategy can generate profits if the market moves in either direction, but the profits are not realized immediately, rather, they occur after the market has passed certain price points. It is highly recommended that you read ourarticle published on TV for further understanding. Despite the fact that examples are provided in post from stock market, where Straddles are more common, the principles and mechanics of this strategy are applicable to all markets. So, on August 6th, a significant Straddle option portfolio was listed on the Chicago Mercantile Exchange (CME). The boundaries of this portfolio, which are indicated on the provided chart, represent reasonable entry points for the portfolio owner. Based on observations, the price tends to bounce off these boundaries. Therefore, these boundaries can be used to enhance our trading strategy. For trading in the direction of the current trend, of course! Not contr-trend! Let's see if we can get a signal at the border and open up a position.
by ClashChartsTeam
REN/USDT Analysis – August 8, 20241. Introduction of the Analysis: BYBIT:RENUSDT.P This analysis delves into the REN/USDT pair on the 4-hour timeframe, using technical indicators to project potential market movements and identify strategic trading opportunities. 2. Indicators Used: - Quarterly Fibonacci Pivot Point Levels: These levels are used to highlight crucial support and resistance zones that could guide price action. - Main Pivot Point (Yellow Resistance): The yellow line represents the main pivot point, a significant level where price reactions are anticipated. - Support and Resistance of Pivot Points: The grey areas on the chart provide additional support and resistance levels derived from pivot points, offering further insights for potential price targets. - Weekly Candle Display: This feature allows for alignment with broader market trends by showing weekly price movements. - Monthly Fibonacci Pivot Point Levels: These levels provide higher timeframe confluence, reinforcing the importance of the identified support and resistance areas. - Yellow Candle (High Volume): The yellow candle indicates a significant volume spike (over 200), signaling strong market activity at that level. 3. Overview: - Support Zone: - A key support area is identified near the 0.0306 level, which corresponds with a quarterly Fibonacci pivot point. This zone could serve as a potential rebound area for price. - Resistance Zone: - The primary resistance level is marked by the yellow line at 0.04318, aligning with the main pivot point. Additional resistance is found around 0.05277, which could act as a target for price movements. - Trade Setup: - Long Position: - Entry: Around 0.03976, where price is testing a grey support zone. - Targets: - First target at 0.04318. - Second target at 0.05277, correlating with the upper resistance level. - Stop Loss: Below the recent low at 0.0306. 4. Conclusion: REN/USDT is currently positioned at a key support level of 0.03976, with potential for an upward move towards 0.04318 and 0.05277 resistance zones. Traders might consider entering long positions at these levels, with proper risk management by setting a stop loss below the 0.0306 support level. 5. Disclaimer: This analysis is provided for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult a financial advisor before making trading decisions. Past performance is not indicative of future results. This content adheres to TradingView’s guidelines and avoids any promotional or external community links.
Long
by UnknownUnicorn67695019
BITCOIN ( INSIDE DESCENDING CHANNEL ) ( 4H )BTCUSD HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 59,247 . TURNING LEVEL : the price of this level at 59,247 , so as long as the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) . RESISTANCE ZONE : this zone between 63,311 and 68,033 , for reach this zone the price need breaking turning level at 59,247 , first thing breaking this level indicates to reach resistance level (1) at 63,311 , then breaking this level by open 4h candle above this reach a resistance level (2) at 68,033 , after breaking this zone it will be attempt to reach resistance level (3) at 71,766 , selling have already increase in this zone . SUPPORT ZONE : this zone between 54,503 & 51,276 , as long as the price trading below turning level or stabilizing below this level indicates to reach of a support level (1) at 54,503 , then breaking this level by open 4h or 1h candle below this easily to touch a support level (2) at 51,276 . CORRECTIVE : the price corrective at 59,247, before dropping . TARGET LEVEL : RESISTANCE LEVEL : 63,311 , 68,033 , 71,766 SUPPORT LEVEL :54,503 ,51,276 .
BITSTAMP:BTCUSDShort
by ArinaKarayi
EURUSD ( INSIDE ASCENDING CHANNEL) ( 4H )EURUSD HELLO TRADERS Tendency, the price is under up ward pressure , until trade above turning level at 1.091 . Upward zone : In order to see an increase, the price needs to continues trading above a turning level at 1.091 , to reach resistance levels (1) around 1.098 , then if the price breaking resistance level (1) by open 4h candle above it indicates to reach a resistance level (2) at 1.102 , but stabilizing below this level it refers likely to reach a turning level . Downward zone: Provided until the prices breaking turning level by open 4h candle below it, indicates a reach of the support level (1) at 1.084 , then breaking this level with a 4h or 1h open candle below is likely to reach the support level (2) at 1.078 . Corrective level :Price may make a correction at 1.091 , before rising . TARGET LEVEL : RESISTANCE LEVEL : 1.098 , 1.102 . SUPPORT LEVEL : 1.084 , 1.078 .
Long
by ArinaKarayi
1
USOIL ( BETWEEN TWO TURNING LEVEL ) ( 4H )USOIL HELLO TRADERS currently price between two turning level by breaking each level determine the direction , for know the price trading above turning level (2) at 74.74 , remain this level it will be attempt to reach a turning level (1) at 76.25 . Tendency, the price inside two turning level around ( 74.74 & 76.25$) . Upward Zone : in order see increase , the price need breaking turning level (1) at 76.25 , by closing 4h candle above it , easily to reach a resistance level (1) around 78.53 , remain this level indicates the price trying to reach of a resistance level (2) at 80,75 . Downward Zone: by breaking turning level (2) around 74.74 , the price dropping to reach a support level (1) at 72.82, to confirm downward , gold need breaking support level (1) by open 4h candle below it to reach a support level (2) at 71.81 . TARGET LEVEL : RESISTANCE LEVEL : 78.53 , 80.75 . SUPPORT LEVEL : 72.82 , 71.81 .
TVC:USOIL
by ArinaKarayi
US30 ( BREAKOUT ASCENDING CHANNEL ) (1D)US30 HELLO TRADERS Tendency, the price is under down ward pressure, until trade below 40,025 . Upward zone : In order to see an increase, the price needs to break the turning level at 40,025 , to reach resistance levels (1) at 41,219 , then as it stabilizes on the turning level we may see new resistance zones around 42.549 and 43,658 . Downward zone: Provided until the prices trade below the turning level, it indicates a reach of the support level (1) at 39,071, then breaking this level with a 1d or 4h open candle below is likely to reach the support level (2) at 38,099 . Corrective level :Price may make a correction before dropping . TARGET LEVEL : RESISTANCE LEVEL : 41,219 , 42,549 , 43,658 . SUPPORT LEVEL : 39,071 , 38,099 .
EIGHTCAP:US30Short
by ArinaKarayi
DXY ( BREAKOUT AND AGAIN INSIDE CHANNEL ) (4H)DXY HELLO TRADERS Tendency, the price inside sensitive area , trading nearly turning level at 103.221 . Upward Zone : as long as the price should be breaking turning level at 103.221 , refers active upward zone , currently the price trading below turning level at 103.221 , to rising inside resistance zone between 103.690 & 104.477 , first thing for this rising reach of a resistance level (1) at 103.690 , by closing 4h candle above it easily reach next level at 104.477 , to confirm a rising , the price should be breaking resistance zone because in this zone have been many sales before . Downward Zone: until the price trading below turning level around 103.221 , indicates dropping to support level (1) around 102.736 , to confirm true decline , the price it will be breaking 102.736 , by closing 4h candle below it to reach support level (2) at 102.310 , called support zone have been buying increase in this zone before . TARGET LEVEL : RESISTANCE LEVEL : 103.690 , 104.477 . SUPPORT LEVEL : 102.736 , 102.310 .
TVC:DXY
by ArinaKarayi
1
Bitcoin Down 14% from Halving Event: What Happens from HereThree posts ago, we discussed the intricate relationship between Bitcoin’s halving events and broader economic conditions. The recent market developments have indeed proven this connection, as Bitcoin has experienced a significant 14% drop since the halving event on April 20th 2024. Context of the Recent Market Crash Several factors have contributed to Bitcoin's recent decline: 1. Macro-Economic Conditions : The Bank of Japan's rate hike on July 31, 2024, significantly impacted global markets. This move made borrowing more expensive, disrupting the carry trade involving the yen and causing a ripple effect across various asset classes, including cryptocurrencies. 2. Market Sentiment and Sell-offs : The anticipation of Mt. Gox creditor repayments, releasing around $8 billion worth of Bitcoin into the market, created fear among investors, prompting a sell-off that drove prices down to as low as $53,600. 3. Broader Equity Market Decline : Global equity markets have also been under pressure, with major indices experiencing significant losses. This broader market downturn has influenced Bitcoin's price, as investors often sell off riskier assets during periods of economic uncertainty It's Not All Doom and Gloom Over the long term, Bitcoin has always shown resilience and growth, particularly in the years following a halving event. Historically, Bitcoin's price tends to experience significant increases 6-12 months after each halving. This pattern has been consistent across the previous three halving events: 2012 Halving: Bitcoin surged from around $12 to over $1,000 within a year. 2016 Halving: Bitcoin climbed from approximately $650 to nearly $20,000 within 18 months. 2020 Halving: Bitcoin soared from $8,000 to over $60,000 in the following year. These historical trends indicate that despite short-term volatility and market downturns, Bitcoin has a strong track record of long-term growth. This resilience is driven by the fundamental principle of reduced supply through halvings, which creates scarcity and can drive demand. Position Update from Our Trend Model The Model had gone cash one day prior to the sell-off, resulting in a small loss of 6% from the long entry price back in July, the model was however able to avoid what was to come after that, which was a 20% drawdown within 72 hours. The model remains bearish for the medium term and we'll update in another post when the time comes. As always, it is crucial to conduct thorough research and consider both macroeconomic factors and market sentiment when making investment decisions. Stay tuned for more updates and insights as we continue to monitor the evolving market conditions and their impact on primarily crypto 🚀.
by AlgoAlpha
2
#OIL Elliot wave analysisAfter the bearish move that oil prices experienced until the fifth of August, it seems like the price has initiated another bullish move, which currently appears to be an impulsive wave. However, it should be noted that even if this bullish move is an ABC corrective wave, it makes no difference since the price could still go higher to complete wave C. Therefore, this bullish move seems probable for now, and we could look for buying opportunities near support levels.
CAPITALCOM:OIL_CRUDELong
by mohemati
SPX500USD ( TRADING ABOVE SUPPORT LEVEL(1) ) ( 4H )SPX500USD HELLO TRADERS Tendency, the price is under bullish pressure , until the price trading above support level (1) at 5,206 . Upward Zone : until the price trading above 5,206 , refers active upward zone , currently the price trading above turning level at 5,267 , to rising inside resistance zone between 5,344 & 5,411 , first thing for this rising reach of a resistance level (1) at 5,344 , by closing 4h candle above it easily reach next level at 5,411 , to confirm a rising , the price should be breaking resistance zone because in this zone have been many sales before . Downward Zone: should the price reserve and breaking turning level at 5,267 , indicates dropping to support level (1) around 5,206 , to confirm true decline , the price it will be breaking 5,267 , by closing 4h candle below it to reach support level (2) at 5,124 , called support zone have been buying increase in this zone before . Corrective level :Price may make a correction at 5,267 & 5,206 , before rising . TARGET LEVEL : RESISTANCE LEVEL : 5,344 , 5,411 . SUPPORT LEVEL : 5,206 , 5,124 .
OANDA:SPX500USDLong
by ArinaKarayi
NAS100USD ( INSIDE DESCINDING CHANNEL ) ( 4H) NAS100USD HELLO TRADERS in recent days , prices have fallen sharply , with the issuance of shares of several companies and losses . Tendency, the price is under bullish pressure , until the price trading above turning level at 18,244 . RESISTANCE ZONE : in order to see an increase , as long as trading and stabilizing above turning level at 18,244 , to support rising to reach of a resistance level (1) at 18,698 , to confirm a rising trading , price should be closing 1h or 4h candle above resistance level (1) to reach a resistance level (2) at 19,112 , this two level called resistance zone , there have been many sales in this zone before , may be the price reserve descending channel before rising . SUPPORT ZONE : should the price reserve and breaking turning level , indicates dropping to support level (1) around 17,435 , to confirm downward , the price it will be breaking 17,435 , by closing 4h candle below it to reach support level (2) at 17,047 , to reach support level (3) at 16,232 , the price should be stabilizing below 17,047 , there have been many buying in this zone before . Corrective level :Price may make a correction at 18,244 , before rising . TARGET LEVEL : RESISTANCE LEVEL : 18,698 ,19,112 , 19,546 . SUPPORT LEVEL : 17,435 , 17,047 , 16,232 .
OANDA:NAS100USDLong
by ArinaKarayi
XAUUSD ( UNDER BULLISH PRESSURE ) (4H)XAUUSD HELLO TRADERS Tendency, the price is under upward pressure , until the price trading above support level (1) at 2,367$. Upward Zone : until the price trading above support level (1) , indicates further up trading , currently the price trading above turning level at 2,391 , to support reach of a resistance level (1) around 2,420$ , to confirm upward , price need breaking by close 4h candle above 2,420$ to reach resistance level (2) at 2,440$ , may be the price reserve and breaking turning level to reaching a support level (1) at 2,367$ , after starting a upward . Downward Zone: should the price reserve and breaking turning level , indicates dropping to support level (1) around 2,367$ , to confirm downward , the price it will be breaking 2,367$ , by closing 4h candle below it to reach support level (2) at 2,337$ . Corrective level :Price may make a correction at 2,391$ & 2,367$ , before rising . TARGET LEVEL : RESISTANCE LEVEL : 2,420$, 2,440$ , 2,460$. SUPPORT LEVEL : 2,367$ , 2,337$ , 2,303$.
OANDA:XAUUSDLong
by ArinaKarayi
DOGEUSDT ( STABILIZING BELOW TURNING LEVEL ) ( 4H )DOGEUSDT HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 0.102 . TURNING LEVEL : the price of this level at 0.102 , so until the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) . RESISTANCE ZONE : this zone between 0.115 and 0.128 , in order to see this zone the price need breaking turning level at 0.102 , breaking this price indicates an increase and reaching the resistance level (1) at 0.115 , then stabilizing above resistance level (1) likely to reach of a resistance level (2) at 0.128 , after breaking this zone it will be attempt to reach resistance level (3) at 0.141 , selling have already increase in this zone . SUPPORT ZONE : this zone between 0.091 & 0.080 , until the price trading below turning level or stabilizing below this level indicates to reach of a support level (1) at 0.091 , by open 4h or 1h candle below support level (1) , it indicates to reaching support level (2) around 0.080 CORRECTIVE : the price corrective at 0.102, before dropping . TARGET LEVEL : RESISTANCE LEVEL : 0.56 , 0.61 , 0.65 . SUPPORT LEVEL : 0.44 , 0.39 .
Short
by ArinaKarayi
2
XRPUSDT ( BREKOUT ASCENDING CHANNEL ) (4H)XRPUSDT HELLO TRADERS Tendency , the price is under bearish pressure , until trading below turning level at 0.51 . TURNING LEVEL : the price of this level at 0.51 , so until the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) . RESISTANCE ZONE : this zone between 0.56 and 0.61 , in order to see this zone the price need breaking turning level at 0.51 , breaking this price indicates an increase and reaching the resistance level (1) at 0.56 , then stabilizing above resistance level (1) likely to reach of a resistance level (2) at 0.61 , after breaking this zone it will be attempt to reach resistance level (3) at 0.65 , selling have already increase in this zone . SUPPORT ZONE : this zone between 0.44 & 0.39 , until the price trading below turning level or stabilizing below this level indicates to reach of a support level (1) at 0.44 , then breaking this level by open 4h or 1h candle below this easily to touch a support level (2) at 0.39 . CORRECTIVE : the price corrective at 0.51, before dropping . TARGET LEVEL : RESISTANCE LEVEL : 0.56 , 0.61 , 0.65 . SUPPORT LEVEL :0.44 ,0.39 .
Short
by ArinaKarayi
11