I entered a long position on BTC at 96,003.8, buying at the bottom of a 1H/4H order block. The confluence between these timeframes suggests strong bullish potential, as price often reacts positively when multiple timeframe order blocks align. My Take Profit (TP) is set at 97,151.0, while my Stop Loss (SL) is at 95,452.0. Despite the bullish setup, I’m cautious because there’s a 4H Fair Value Gap (FVG) sitting right above my order block. This FVG could act as short-term resistance, limiting upward momentum. Given this, I’ve opted for a conservative TP to secure profits without overexposing myself to potential reversals.
High risk due to going against HTF market structure. 15m tf BOS, fib tool to intentify potential premium zone for sells. 15FVG in premium zone intentify for potential sells
? Welcome to TradeCity Pro! In this analysis, I will review the HNT coin. This project is part of the Web & IoT sector and operates within the Solana ecosystem. ? Weekly Timeframe In the weekly timeframe, we can see a consolidation box that formed after a strong upward leg. The bottom of this box is at $3.007, while the top is at $9.696. ? A curved trendline is also visible, which previously supported the price from $1.226 to $9.696. However, this trendline was broken, triggering a downward move. As a result, selling pressure increased, leading to a decline towards the bottom of the consolidation box. ? Currently, the price is at a critical support level that could determine the trend for the coming months. If RSI stabilizes below 36.52, it would indicate strong bearish momentum, increasing the likelihood of a break below $3.007. ⚡️ If this support level is broken, the market structure will change, and the price could drop further to the $1.226 support level. ? If the price rebounds from this support and starts forming a bullish structure, the most important breakout trigger will be at $9.696. If this level is broken, the next upward leg could begin, with a target of $30.787. ? Daily Timeframe In the daily timeframe, we can observe the latest price movement in greater detail. ? After reaching the $9.210 resistance and facing rejection, bearish momentum intensified, causing the price to decline sharply in a waterfall pattern, dropping to $3.177. ? In waterfall declines, a trendline usually forms, and breaking this trendline typically ends the move, leading to a range-bound phase. Therefore, if the price breaks this trendline, I expect the downward leg to end. Confirmation could also come from RSI breaking above 43.18. ? For short positions, an entry can be considered if the $3.177 support breaks. If this happens, stronger bearish momentum could push the price toward the $2.104 support level. However, I believe that if the price ranges and consolidates above $3.177 before breaking down, the short setup would be more reliable. ? For long positions, no clear structure has formed yet. We need to wait for price action to develop and provide valid entry triggers.The first potential trigger is at $4.220, followed by $5.474.However, these levels could shift if a new price structure forms, so I recommend waiting for updated triggers before entering a long position. ? Market volume analysis shows that selling volume dominates, with large red candles exceeding the size of green candles during corrections. This suggests that sellers currently control the market momentum. https://www.tradingview.com/x/PZ57ZW4O/ ? Final Thoughts 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! ❤️
COINBASE:BTCUSD has decisively broken below a key support level, signaling a potential shift in momentum. The recent price action shows a rejection at this broken support, now acting as resistance, indicating that sellers are regaining control. This rejection reinforces the bearish outlook, as failed attempts to reclaim the level suggest continued downside pressure. If bearish momentum persists, BTC could extend its decline toward the $93,000 support zone, a key level where buyers may attempt to step in. However, a sustained move back above the resistance zone would invalidate the bearish setup, signaling a potential shift in momentum. In this scenario, buyers could regain strength, possibly driving the price higher and negating the bearish bias. Traders should remain cautious and monitor price action around these key levels to confirm directional bias before committing to a position. Risk management remains essential, given the volatility of BTC/USD.
? Key Resistance & Spot Trigger: The chart indicates a major resistance level around $10.465, where the price previously faced rejection. This zone acted as a spot trigger, leading to a sharp decline in price. ? Price Action & Trend: After the rejection at the resistance, the price dropped significantly, aligning with the downward movement of the orange moving average. Currently, the market is testing a key support zone between $3.90 - $4.50. ? Volume Analysis & Sales Pressure: The increase in sales volume suggests that sellers are still in control. However, if the price finds strong support in the highlighted box, we may see a potential reversal or accumulation phase. ? Future Outlook: ? If the support fails, further downside towards lower historical levels is possible. ? If buyers step in, a recovery towards the $6 - $7 resistance zone could be expected. ? Trading Plan: Watch for bullish signals within the support area before entering a position. Confirmation via volume and candlestick patterns will be crucial.
PEPE/USD has been gaining attention as it trades near a critical juncture. With the daily demand zone holding strong and signs of a downside channel reversal, the pair could be on the brink of a bullish breakout. In this analysis, we’ll break down the technical indicators and patterns that suggest PEPE/USD might be ready to reverse its downtrend. Daily Demand Zone Holding Firm One of the most significant factors supporting a potential bullish move is the respected daily demand zone. This area has provided strong support, acting as a floor for buyers to step in. A failure to break below this zone increases the probability of an upward momentum shift. Key Support Levels: Highlight exact price levels in the demand zone. Volume Analysis: Look for increased buying volume around these levels, which could signal accumulation by bullish traders. What to Watch For Before Confirmation While the technical signs are promising, traders should remain cautious. Key events to watch include: Breakout Above Resistance: Identify the breakout level for confirmation Retest of the Channel Top: Look for a retest and bounce as confirmation of strength. Market Sentiment and Volume: Monitor trading volume and broader market sentiment. Conclusion: A Bullish Opportunity? The combination of a respected daily demand zone and a downside channel reversal pattern makes PEPE/USD a pair to watch. A confirmed breakout could set the stage for a bullish run, providing traders with an exciting opportunity. As always, use risk management and stay updated with the latest price action.
https://www.tradingview.com/x/cLhldlhO/ Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy EURUSD. ❤️ Please, support our work with like & comment! ❤️
Tesla is selling off rapidly . Based upon the previous chart data, I see 256 in the next 2-3weeks , seeing that we broke broke above the downwards trend channel in September to touch 256-265 , came down in October and grabbed 211 then proceeded to continue to trend upwards outside of the channel. How ever Major Support on the monthly time frame shows 168 as a the start of the upwards trend in June and reaching 270 in July , Coming down to grab 180 in August establishing a higher low, then continuing upwards momentum. I believe the market will follow the same pattern downwards All the way to 165.We will see what follows when we get there.
EURAUD potential to continue on the bearish side. The pair formed a double top, and on Friday, we saw a breakout below the neckline. We can expect further extension to 1.63500. If the pressure on the EURAUD continues, a drop to the 1.60000 support zone will follow.
Week close below support, looking for short trade next week and targeting 183.7