Localtrend — Trading Ideas on TradingView

ATOM/USDT short-term 🔍 Market Structure Clear downtrend – price is moving within a descending channel (lower highs and lows). Each bounce is sold at the upper band of the channel. No signal of a change in structure yet (no HH + HL). 📉 Current Price Status Price is at the lower end of the channel. Consolidation after a downward impulse → typical bearish continuation or short technical rebound. Current Zone: ~2.02–2.05 USDT – local support + demand reactions. 🟢 Key Levels Support 2.049 – local support (current reaction) 1.999 – strong psychological support 1.951 1.878 – lower demand zone (important!) Resistance 2.099 2.125 2.201 – key resistance / S→R flip. Upper channel line (~2.20–2.23) 📊 Stochastic RSI Oscillator often in oversold territory. Currently recovering from the low → possible short rebound. BUT: in a downtrend. The Stoch RSI is not a long-term signal. ➡️ More likely a pullback, not a trend change. 🧠 Scenarios 🔴 Baseline scenario (most likely) Bounce to: 2.09 → 2.12 Rejection + further decline: 1.99 then 1.95 / 1.88 ➡️ Short at resistance levels in line with the trend. 🟢 Alternative scenario (less likely) Breakout of 2.20 + close of the 1H candle above the channel Retest from above Then targets: 2.28 2.35–2.40 ➡️ Only then can we talk about a change in structure.

Will BTC go further down?🧩 1. General Context Bitcoin is currently declining after rebounding from around $124,000. The chart shows a clear descending channel (yellow lines), where the price bounced off the upper and lower boundaries. Currently, the daily candle is testing the lower boundary of the channel and the support zone (red rectangle) between ~$110,000 and $107,000. 📉 2. Key Technical Levels Resistance 1) 115,699 EMA50/SMA200 average zone — possible retest from below Resistance (2) 119,875 resistance with a potential bounce Resistance (3) 124,585 strong resistance with a potential bounce Support (1) 110,000 Daily support currently being tested Support (2) 107,111 200-day SMA — a strong defensive line in the uptrend Support (3) 105,000 Lower boundary of the September demand zone 📊 3. Moving Averages The 50-day EMA (~115,700) recently crossed the 200-day SMA (~115,600) → a possible death cross if it holds below. Price below the EMA50 and SMA100, approaching the SMA200 → momentum is definitely bearish in the short term. ⚙️ 4. MACD The MACD indicator shows a fresh crossover of the downward signal. The histogram deepens into the negative zone → confirmation of downward pressure. Momentum is negative, with no signs of upward divergence. 💪 5. RSI RSI = 37.9, close to the oversold zone, but not yet extreme. A technical rebound could potentially occur when touching 30–35. No divergence is visible yet (RSI confirms price movement). 🕯️ 6. Candlestick Structure The last three daily candles are: Two strong bearish candles with large bodies (without significant shadows). Today's candle with a lower wick is testing the 110,000 zone → a possible defense attempt by buyers. 📈 7. Short-Term Scenarios 🔻 Bearish: A break of 110,000 and a daily close below 107,000 → a possible decline to 105,000 and even 101,000–102,000 USD. The MACD and moving averages confirm this scenario. 🔼 Bullish: A defense of 110,000 and a return above 112,000–113,000 → a possible retest of 115,000–116,000 (EMA50/200) is possible. The RSI indicates that the market has cooled down → a short-term technical rebound is possible.

LUNAUSDT - 4H Interval - Targets and Stoploss Hello everyone, let's take a look at the 4H LUNA to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 2.62 T2 = $ 2.69 T3 = $ 2.78 T4 = $ 2.91 and T5 = $ 3.26 Now let's move on to the stop loss in case of further market declines: SL1 = $ 2.45 SL2 = $ 2.34 SL3 = $ 2.19 and SL4 = $ 1.99 Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local upward trend.

Daily review of ETH interval 4H Hello everyone, let's take a look at the 4H ETH to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 = $ 1,587 T2 = $ 1,603 T3 = $ 1,620 T4 = $ 1,643 and T5 = $ 1,672 Now let's move on to the stop loss in case of further market declines: SL1 = $ 1567 SL2 = $ 1,550 SL3 = $ 1,535 SL4 = $ 1,521 and SL5 = $ 1501 Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator shows a local upward trend.

BTC local trend breakout As was mention in the last update. BTC wasn't able to break the local trend line and went back to retest 44200 area. price after that got some momentum and backed from the same trend line to create a LL at 45520. now the price make a fake out and went back under the trend line. for now my humble opinion BTC is going to try to break the local trend & based on the price action I think we will break it this time for sure and BTC is targeting 48000 areas. we will make and update after that. GL & happy trading

EOSUSD Trade|Dynamic Resistance|Range Midpoint|Demand Zone Evening Traders, Today’s Analysis – EOSUSD- breaking through dynamic resistance – immediate target, a retest of the demand zone. Points to consider, - Local trend change (technical higher high) - Dynamic resistance breached - Range midpoint (local resistance) - Oscillators cooling off - Volume below average - Demand zone retest (long entry) EOSUSD’s local trend has technically changed with an established higher high; a lower high at the Fibonacci level will further solidify a bullish directional bias. The Dynamic resistance breach topped at range midpoint, a retracement to the .50 Fibonacci is probable as this is in confluence with the identified demand zone. The oscillators are both cooling off from overextended conditions, maintaining above the 50 level will maintain a local bullish bias. Volume is trading below average; price is likely to magnet towards demand zone before an influx. Overall, in my opinion, a long from the .50 Fibonacci is valid with defined risk. Putting in a lower high will be bullish with the immediate target becoming daily resistance. What are your thoughts? Thank you for following my work! And remember, “Trade the market in front of you, not the one you want!” – Scott Redler