The asset has the potential for a significant drop due to the pressure from the load zone. It's important to keep in mind that the asset is currently in FOMO mode. R4 represents a strong resistance zone in the event of a violation of the bullish breakout in lower time frames. The bottom of PEOPLE 👇🏻 👑💸
🐸 +17% TP 🐸 Medium Risk Trades () 🐸 Low risk on SL but risk increases with crypto + meme coins Let's take a detailed look at two toads you could short right now: 1) TOAD / MEXC:TOADUSDT 2) PEPE / BINANCE:PEPEUSDT ____________________________
Short BTC Setup Based on Structure Break and Quasimodo Pattern (1-Hour Time Frame) Here's a potential short setup for Bitcoin (BTC) using a structure break on the 1-hour time frame and the Quasimodo (QM) pattern, illustrated by the chart: Structure Break Analysis:Current Price: BTC is trading around $68,159. Key Levels: PDH (Previous Day High): $69,526.65 D-open...
A short at 0.3056 to 0.2614 with the necessary risk management will bring a 14.44% return
Yesterday, BEAMUSDT saw the bulls making a bold attempt to break the 8H high with impressive volume, only to face a swift rejection on the second candle—classic false break! Using my trusted false breakout strategy, I set my order at the previous 8H high with a 1.5 ATR, targeting the 4H low. With the weekend approaching and volume likely to dip, it's a...
Triple top, not confirmed yet but looks very bearish. I opened a short position, I'm not waiting for a break down of the support at 0.66. I like to keep my SL as tight as possible. SL trigger if the pair breaks up the uptrend line with a daily candle and closes above ti.
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) trades lower on Thursday due to a stronger US Dollar (USD) and higher US yields. The reduced expectation of a September rate cut by the Federal Reserve (Fed) is putting pressure on gold as it increases opportunity costs. The second estimate of Q1 2024 US Gross Domestic Product (GDP)...
Hello Traders, We have an interesting setup on EURNZD. Between 23rd of Feb and 1st of May, we saw an upward move identified as a corrective wave ABC, with Wave C forming an ending diagonal. Recently, we saw a break of the ending diagonal pattern in wave C, setting the stage for a decline. The break of wave 1 to the downside further confirms our bearish outlook....
👋Hello Traders, Our 🖥️ AI system detected that there is an H4 or higher timeframe ICT Short setup in SOLUSDT for Swing trade. Of course SPY is in up trend in Daily chart, so this is a retracement trade for reference. Or you could consider to buy SPY after reaching the demand zone marked on chart. Please refer to the details Stop loss, FVG(Sell Zone),open for...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) fell after a three-day winning streak due to the Greenback's slight recovery and hawkish comments from Federal Reserve officials. Strong US economic data also reduced expectations of a Fed rate cut in September, boosting the US Dollar and weighing on gold prices. However,...
Bitcoin has been stuck in a range for the past 3 months. On the daily chart, it's hovering at the top. The Visible Range Volume Profile ( VRVP ) indicates a zone of high volume at $63k, suggesting this could be the next significant support level. Analysis : - Range : BTC has been trading within a range defined by $63k and $72k for 3 months. - Top of Range :...
Script is currently printing higher highs and higher lows. however now entering into critical resistance zone along with the active divergence appearing on the RSI make it a good setup to short on the levels pointed on the charts. DYOR (DO your onw research)
BINANCE:HIGHUSDT BINANCE:HIGHUSDT.P MEXC:HIGHUSDT MEXC:HIGHUSDT.P Based on the weekly timeframe, we have wick price, price should fill this , And this wick price will be our R zone. After that, the price can take support at 4.73
- All the necessary pointers are on the chart. We are trying to keep things short and simple. if you like this concept, give us a boost/Comment to let us know. For those who need a writeup, Here's a quick one: - Until the resistance zone is broken, Going long may trap investors in a consolidation phase. - MACD is all up for a bearish crossover - Price trades...
Technically this stock has bearish structure on a hourly chart indicating weakness and fall to come in coming days. Fundamentally the recent quarters were extremely bad and it can easily correct to 380 levels. Big people seems to be distributing stocks on a higher levels, whenever demand become weak, the stock can easily correct 5% plus in a single trading...
A very clear and consistent HH-HL price action and measured moves down ! I believe we will see a retrace back to the TrapZone. what do you think ?
Right at the resistance- It is always good to book some profits at resistance. I would like to wait for confirmation if breaking out. though I kind of lean towards break down. If it goes as per my plan I would like to accumulate at the specified accumulation range.