? Welcome to TradeCity Pro! In this analysis, I’m going to review the ICP coin for you. The Internet Computer project is one of the older projects in the crypto space, focused on Web3 and gaming. ⚡️ The coin currently has a market cap of $2.65 billion, placing it at rank 36 on CoinMarketCap. ⏳ 4-Hour Timeframe As you can see in the 4-hour timeframe, a range box has formed between the levels of 4.648 and 5.239, and the price has currently reached the top of the range. ✔️ During this upward leg from the bottom of the box, market volume has been increasing, which indicates that the probability of breaking through 5.239 is high. ? If 5.239 is broken, we can enter a long position. The next resistance levels are at 5.558 and 6.313. ✨ There’s also a larger range box between 4.648 and 6.313, and as long as the price stays above 4.648, we can say that this broader range is valid and price is fluctuating within it. ? To open a short position, wait for the break of 4.648. The momentum in higher timeframes for this coin is bearish, so if this level breaks, the trend may continue downward with another leg to the downside. ? For that to happen, selling volume must increase, so that when 4.648 breaks, there is no volume divergence, ensuring a healthy continuation of the trend. ? 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! ❤️
I'm looking to sell CL futures based on yesterdays' price action on daily chart which suggests that we might see the next leg down in line with Daily downtrend. Looking to short pending one more move higher to take equal highs created in early London session and looking for breaker lower to structure logic stop loss and sufficient R:R.
+Seasonality (until the end of April) +COT ~- Latest bad UK PMIs (although JP CPI Miss as well)
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
? CRYPTOCAP:PENDLE - Double Bottom Breakout Watch! ? ⏳ On the lower timeframe, CRYPTOCAP:PENDLE has formed a double bottom pattern. ? Confirmation needed: Break and close above the red resistance zone. ? Target: Green line level on a successful breakout! ?
https://www.tradingview.com/x/KGO5Zwa9/ Gold strongly corrected from 3500 psychological level. After a test of the underlined intraday support cluster, the market started to leave strong bullish clues. After a false violation of the support, the price accumulated a bit and broke a resistance line of a falling wedge pattern on an hourly time frame. With that move, Gold also managed to confirm a local Change of Character CHoCH. All these bullish signals indicate a highly probable continuation of a growth. The price may move up at least to 3377 level easily. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
The DAX40 continues to exhibit bullish sentiment, aligning with the prevailing short term uptrend. Recent price action suggests that the index experienced an oversold rally, which subsequently spiked above near a key resistance zone — the previous intraday consolidation level around 21,532. This area now serves as a critical pivot point. A corrective pullback “Gap Close” to 21,532, followed by renewed buying pressure, would likely confirm a bullish reversal, with upside targets at: 22,276 – Near-term resistance 22,657 – Medium-term resistance 22,903 – Long-term resistance level However, if price breaks and closes firmly below 21,532 on a daily basis, the bullish scenario would be invalidated. In that case, the DAX40 could extend corrective pullback toward: 21,118 – Immediate support 20,800 – Major downside target Conclusion The bias remains bullish above 21,532, with rallies from that level offering potential long opportunities. A daily close below 21,532, however, would shift sentiment and open the door for bearish continuation toward lower support levels. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURUSD April 24 Asia Hindsight Trade Logic for Framework Price expanded to the sell side previous session, taking equal lows it created. Price came down to the CE of the FVG during non trading hours. Tapped it and reacted to the upside. 15:15 candle crested a swing high 16:15 created a FVG 18:00 price accelerated away creating a FVG Watching the candles form I said if price comes down to test the FVG then I will buy it. 20:00 price tests the FVG and with energy moves away. Price was in a discount not wanting to to come back to fill in the 17:45 FVG just touches it, for the perfect entry. First Target was the 50 level 1.13754 Second target equal highs 1.13836 Boom price makes to both targets. this is building my confidence to trust my analysis and one day I will have the trust to press the button. Back tomorrow to try again. Great analysis and fantastic delivery!
? Gold Price Action Analysis (XAU/USD) Date: April 24, 2025 Time Frame: Short-Term Intraday Market Context: Gold is currently respecting a key trendline support zone between 3326 and 3332. This area has acted as a strong demand zone recently and price is showing signs of bullish interest around this level. Bullish Scenario (Primary Bias): If the trendline holds around 3326–3332, we anticipate a bullish move targeting the previous swing high at 3388. Confirmation would be bullish candlestick formation or volume buildup near the trendline zone. ? Buy Signal: Buy between 3326–3332 (only on confirmation as cired above) ? Target: 3388 ? Stop Loss: Below 3320 (trendline invalidation) Bearish Scenario (Alternative Plan): If price breaks below the trendline and retests the 3326–3332 zone as resistance (confirmation on m1 or m5, we’ll look to short. This would indicate a trendline breakdown and potential bearish momentum towards the previous low. ? Sell Signal (on Break and Retest): Sell near 3326–3332 (after breakdown and bearish retest) ? Target: 3261 ? Stop Loss: Above 3335 Please show support by following me and comment you favourite pair, if needed to be analyzed.