PNUT is showing strong bullish signals on the 1H chart. Several technical factors suggest a potential upward move:
ETH recently had a major hack incident. I don’t think this will be good for ETH and also I noticed BTC has been slowly declining to the downside. Economy has been shaken recently shifting towards YEN so smart money is probably pulling out of crypto and going towards yen, bonds, and gold.
This coin has a very similar structure to BTC, and the risks are very high since it has been sold at highs for a long time. It's obvious that this is a selling zone for large capital. But can it go higher? Yes, but the risk of being stuck with an asset for years that no one will need later is significantly higher
NASDAQ:VKTX reacting to a HTF FVG stack. Good for longs if we hold above.
? Welcome to TradeCityPro Channel! Let's go together to analyze and review one of the popular cryptocurrency coins and Bitcoin's second layer and update our triggers ? Overview Bitcoin Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together. This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames. https://www.tradingview.com/chart/BTCUSDT/gkac41S1-TradeCityPro-Bitcoin-Daily-Analysis-13/ ? Weekly Timeframe On the weekly time frame, stx is one of the coins that started its upward trend before the start of 2024, which caused the formation of its ATH and new ceiling You can also see one of the best weekly trends in this coin, which is that after each time we hit this support trend line, we rose and made a sharper move. Also, when this trend line was broken, we made a pullback to it and as we had given the weekly exit trigger with a break of 1.299 in the previous analysis, after the break of the trigger of the trend line, we experienced a sharp decline and reached the support level of 0.796 and now we need to form a structure. https://www.tradingview.com/x/Z9xUk7Ds/ ? Daily Timeframe On the daily time frame, but after the rejection of the important weekly resistance 2.745 and getting rejected, we started to correct the price and fall until this price correction turned into a trend change in the daily time frame After forming the lower ceilings and floors, we reached important support and the trigger for the spot exit, which after the daily failure and pullback to that daily candle, engulfed the previous 3 candles and caused further decline, which led to us reaching the important support of 0.859 Currently, after hitting the support of 0.859 twice, our fall volume has not increased much and it can be said that the sellers do not intend to take the price below 0.859 for the time being, and this will cause us to go into the range and form a new structure. However, I will open a short with a failure of 0.859, but there is no buying at the moment. https://www.tradingview.com/x/SZfnFQSp/ ⏱ 4-Hour Timeframe We suffered enough in the four-hour time frame and formed a structure and we are in a range box that we can take a position from both sides ? Short Position Trigger For my short position I open a position with a break of 0.859 and accept the stop loss. Since it is an important support, I try to place my stop loss in a logical space and not make it small. ? Long Position Trigger For the long position, we have two triggers, one risky and one somewhat certain. You can open a position with a break of 0.953 and 1.005, respectively. The difference is that with a break of 0.953, the possibility of a stop loss is higher, and with a break of 1.005, the possibility of losing the position is higher. I choose to take the stop loss myself. https://www.tradingview.com/x/58gslCTO/ ? 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!
The trend line shows key resistance from Dec 2021, which is now acting as support on TOTAL3. Assuming this level holds as support it could indicate the early stages of a TOTAL3 breakup, or ALT Season. In confluence, the Stochastic RSI appears to be close to crossing up (blue line over red trend line). Should we break up, where could we see as a potential top indicator for Total3? The blue line is a potential target, which is based on a key Fib level. Any thoughts on this analysis? Please discuss.
Dear Traders, i expect price have one more downward movement to
Xc just had a very aggressive spike. Its something I notice time and time with this pair. It usually get some strong buys...maybe to liquidate shorts...not sure but often it usually sell off afterwards. I was already watching in anticipation of a short down to $0.014306 area. Not sure if I will hold until that long but it would be a great trade if I do.
Lucid Motors (LCID) is setting up for an interesting move possibly before earnings Technical Setup – Signs of a Potential Breakout On the weekly chart, LCID looks like it's trying to break out of a downtrend, with the 20-SMA and 50-SMA starting to turn upward. On the daily chart, price action is bouncing off support ($2.90 - $3.00) and attempting to push past resistance at $3.10 - $3.20. Volume has been increasing, which could signal accumulation before a bigger move. Fundamentals – ➡️ Takeaway: Revenue is improving, but the company needs to show stronger growth momentum to justify its valuation. Profitability – Still Deep in the Red Q1 2024 loss: -680.86M (worsening) Q2 2024 loss: -643.39M (slight improvement) Q3 2024 loss: -992.48M (huge drop) TTM net loss: -2.97B ➡️ Takeaway: Lucid is still bleeding cash, and the key earnings catalyst is whether they show improved cost control or better gross margins. 3️⃣ Trading Plan – Earnings Risk & Strategy ✅ Safe Play: Wait for earnings reaction. Buy only if LCID breaks $3.20+ with strong guidance. ⚠️ Risky Play: Buy before earnings ($3.00 - $3.10) but set a strict stop-loss at $2.70 to manage downside. ? Earnings Upside? If losses narrow or revenue surprises, expect a breakout toward $3.80 - $4.00. ? Earnings Downside? Weak guidance or more dilution could send it below $2.70. Final Take Lucid is showing signs of life, but it’s still a high-risk trade. If you’re looking for a speculative move, it could be worth a shot, but just be ready for volatility next week. ?⚠️
NEAR is a very interesting area, apparent price accumulation. There is a solid resistance where we could have a trap, however, I expect a strong breakout and to continue protecting the order, a high-risk movement.