PNUT Double Bottom Signal
The $PNUT Peanut the Squirrel token did a whooping 70% correction
It even broke GP. Thanks to BTC it had a role to play in this too. But huge support held PNUT at $59 - $0.61 .
A clear and obvious Double Bottom has appeared in the chart . This is a bullish signal , which means PNUT is ready to go back up. I am holding from $0.61. The blue-line support-turned-resistance line needs to be broken.
See target and resistance levels expected on the chart. Goodluck. BTC is again crucial for this momentum to continue .
Correct me if i'm wrong. Like if you disagree. Comment if you agree 👍
Tradesignal
Bitcoin Bullish Break: Buying Opportunity After Resistance🌀 Analysis:
Bitcoin has completed its abc correction and formed an inverse head and shoulders pattern. The rapid price recovery after the recent dump indicates strong buying interest and the potential for a continuation of the bullish trend.
Currently, Bitcoin may experience a small correction or directly break the key resistance at $102,200. If this level is broken, which aligns with the neckline of the inverse head and shoulders, it will signal the start of a new upward wave, potentially driving the price toward higher targets.
🎯 Trade Setup:
Trade Type: Long (Buy)
Entry: $102,200
Target: $112,000
Stop Loss: $98,500
⚡ Notes:
Wait for confirmation of the resistance break before entering. Apply proper risk management and adjust trade size accordingly.
DJT a winner in life. A winner in the market? Hello Traders,
Quite obvious large wedge pattern emerging here, with price action sitting on a solid support. If it breaks support below shown on the chart, we will more likely than not, come down between $10 & $11. This would have course be our best entry point. Could it happen? OF COURSE, this is why we do TA! It is to assure we have a plan for all possibilities and minimize risk along the way!
That being said, where price action is currently, we could very likely start next week with a green candle and continue it through mid week and if so my plan is to start buying some contracts If the week closes green. Possibly a few if we get two green closes M & T. it’s very likely to break out in the next month or two. Maybe within another 1-2 weeks. If we see a solid green candle close next week.
In addition, look at that massive sell volume that couldn’t even break support. My money is on the bounce and then breakout here where we stand! Best of luck and always follow the path of less resistance and have a plan for a diverging outcome! This is law if you want to be consistently profitable!
Stay Profitable,
Savvys
Brent Crude Oil Analysis==>> Fundamental + TechnicalBrent Crude Oil ( FX_IDC:USDBRO ) began to rise from the Heavy Support zone($71.30-$64.80) after Iran attacked Israel . ( It seemed that before the attack of Iran, Brent oil intended to fall and correction further ).
Today's fundamental analysis of Brent crude oil prices is influenced by several key factors:
Geopolitical Tensions : The ongoing conflict in the Middle East, especially between Iran and Israel, has raised concerns about potential disruptions to oil production and exports. Any attacks on Iranian oil infrastructure, particularly in the Strait of Hormuz, a crucial passage for global oil exports, could reduce supply and drive prices higher. These concerns have contributed to the recent rise in Brent prices, pushing it above $80 per barrel.
Global Demand : China's recent large-scale economic stimulus aimed at boosting recovery has increased optimism for higher oil demand. As the world's largest oil consumer, any rise in demand from China directly influences global oil prices.
OPEC+ Supply Capacity : Although OPEC+ still has significant spare production capacity, there are worries that a severe crisis in the region could overwhelm this capacity, preventing the group from compensating for any sudden drop in supply.
Overall, the short-term outlook for Brent crude appears bullish, driven by geopolitical uncertainties and potential increases in demand from China. However, the market remains cautious to see if these trends will hold over time.
Now, according to the fundamental analysis of Brent Crude Oi, let's see which area is suitable for buying Brent Crude Oi .
Brent Crude Oil is moving near the Support zone and the Support line .
Brent Crude Oil's movement structure is corrective , and we should expect it to move upwards again .
I expect Brent Crude Oil to start rising again from or near the Support zone and at least to $81(Yearly Pivot Point) and then attack the Resistance lines .
Brent Crude Oil Analyze (USDBRO), Daily time frame⏰.
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Bitcoin Analysis Weekly Outlook and Breakout SetupIn this video, I analyze Bitcoin's intermediate bullish weekly close and the next steps we're looking for. I discuss the importance of price taking out sell-side liquidity and trading into the weekly Fair Value Gap (FVG), setting us up for potential long opportunities.
The goal is to see Bitcoin break out of the current consolidation phase and continue its upward momentum. Tune in to get the key levels and insights for the next move!
XAUUSD M30 ANALYSIS | LOOKING FOR SELL MEAL!Hi, everyone! I hope you’re all doing great and geared up for today’s trading prospects. I’m eager to share my insights on XAUUSD and explore a potential setup that I believe could be quite beneficial for us.
Looking at the current market conditions, it’s evident that XAUUSD has recently tapped into all buy-side liquidity. This movement hints at a possible change in market sentiment and suggests the emergence of bearish momentum. With that in mind, I’m contemplating a short position on XAUUSD, targeting an entry point at 2600.
Here’s my thorough analysis:
Market Overview: The recent price action indicates that buyers may have reached their limit. With liquidity being exhausted, we could see sellers take charge, driving prices down. Historical trends and current patterns align with this bearish perspective, making it a prime opportunity to leverage potential declines.
Target Levels: For this trade, I’ve set my first target at 2685, with aspirations for further movement down to around 2675. These levels have previously demonstrated significant support, and I believe they will be pivotal during this trading session.
Risk Management: To safeguard our investment, I’ll be placing a stop loss at 2608. This provides a comfortable 80-pip cushion, allowing for some market fluctuations while protecting our capital. It’s crucial to implement a solid risk management strategy, especially in the dynamic environment of XAUUSD.
Trade Execution: I encourage each of you to evaluate this setup according to your own strategies and risk tolerance. Ensure that your trade aligns with your overall trading plan. If you’re considering this trade, I recommend staying alert for confirmation signals before making your move.
Community Interaction: I want to take a moment to thank you all for the amazing support and engagement you’ve shown towards my ideas. Your feedback inspires me and enhances our community. If you have insights, alternative viewpoints, or questions about this setup—or anything else—please share in the comments! I’m excited to discuss and learn from all of you.
Looking Ahead: As we navigate today’s trading session, let’s stay focused and flexible. Markets can shift quickly, and being prepared to adjust our strategies is essential for success. Remember, trading isn’t just about profits; it’s also about continuous learning and growth as traders.
Thank you all once again for being such a fantastic community! Together, let’s seize today’s trading opportunities. Here’s to a successful day ahead—let’s go for those profits! 🚀💰✨
Happy trading, everyone!
BTC Potential 1.5 R Trade1. Market Structure:
- MSS (Market Structure Shift): The chart indicates a shift in market structure (MSS) at the marked point. This typically indicates a potential change in the market's direction, possibly from bearish to bullish or vice versa.
2. Liquidity Zones:
- Liquidity: There is a horizontal line labeled "Liquidity" at a higher price level. This suggests that the trader is eyeing a potential price movement towards this area where liquidity might be resting, which could be targeted by large market players.
- Ext. Liquidity (External Liquidity): The area at the bottom (marked as "Ext. Liquidity") could represent an area of interest where sell-side liquidity might be present. This is possibly a support zone where the price may reverse after liquidity is taken.
3. Entry Zone:
- The chart highlights a gray shaded area (just above the external liquidity) as an "Entry" zone. This is where the trader plans to enter a long position, expecting the price to rise from this support level.
4. Target Zone:
- Take Profit (TP) Level: The target zone is marked with a blue rectangle, stretching to the liquidity level. This area indicates where the trader expects to exit the trade, anticipating that the price will reach this higher level of liquidity.
5. Risk-Reward Consideration:
- The trade setup suggests a favorable risk-to-reward ratio, as the entry is near a support level with the expectation of a significant price movement toward the upper liquidity area.
6. Time Frame and Context:
- The 4-hour time frame suggests this is a medium-term trade, potentially taking a few days to play out. The context of the larger downtrend (visible on the left side of the chart) implies that the trader might be looking for a corrective move upward or a reversal after a significant downtrend.
Zcash Eyes $80-$100 as Bullish Momentum Builds!Welcome to another analysis where we take a look at Zcash!
Zcash is a well-established cryptocurrency with significant potential for future growth!
Recent market activity shows increasing volume for Zcash, including a notable volume spike that pushed its price above the previous high, indicating a potential market shift. Additionally, the 20-day moving average (MA) is approaching a bullish crossover with the 50-day MA, further suggesting a positive trend.
In my assessment, the Zcash chart is currently very promising. For those considering an entry, a strategic buying range would be between $28 and $31, aligning with the 50/20 MA levels.
Historically, Zcash reached a peak of $700 in January 2018. While that level might be ambitious in the short term, a more attainable target for intraday trades would be the $50 range, with a potential upside to $80-$100 where we see a decending trendline from 2021 and more strong ressistance.
The current setup offers a favorable risk/reward profile, with stop-loss levels recommended below the previous low, around $20-$25, depending on your risk tolerance.
Zcash's breakout coincides with BTC dominance encountering strong resistance, and the increasing strength of various altcoins. Additionally, the Russell 2000 index is nearing a breakout, showing investor appetite for smaller-cap stocks and riskier assets.
Thanks for reading and good luck with your trading!
Make sure to follow me on X for more weekly updates: @PuppyNakamoto
BINANCE:ZECUSDT COINBASE:ZECUSD KRAKEN:ZECUSD GEMINI:ZECUSD
SPECUSDT.P-Bull flag Specusdt.p Bullish Setup: Bull Flag Breakout
The SPECUSDT.P pair has formed a classic bull flag pattern, and we've just seen a breakout above the structure at 6.008. While this is a promising sign, I’m waiting for a 4-hour candle close above the flag to confirm the breakout before entering a long position.
Entry: Watching for confirmation above 6.008.
Stop-Loss (SL): Below the EMA at 5.879.
Take-Profit (TP): Targeting 6.749.
This setup offers a good risk-to-reward ratio, with a well-defined SL and TP.
Always manage your risk accordingly.
aelf — Bollinger Bands Signal 18% Price PumpLatest Performance 📉
ELF has been in a continuous downtrend since March and has lost ~60% since then. However, during the latest market rebound, ELF showed some strength, too.
Signal Details 🧐
At the same time, the token flashed a bullish Bollinger Bands signal. The signal occurs once the price touches or falls below the lower Bollinger Band. At that time, the chance of the price recovering and moving back to (at least) the middle Bollinger Band is high.
Other Indicators ✏️
In hand with the Bollinger Bands, ELF finds itself highly oversold in terms of RSI and Stochastic Oscillator, too. This further seconds a possible recovery.
Potential 🔥
Based on the calculation, the signal has a profit potential of 18%. The profit potential matches almost perfectly with the long-term downtrend line at 0.46.
BETA Flashes Bullish Hyper Scalper SignalWhat Happened? 🧐
BETA dropped ~40% after its massive 170% pump. The drop was driven by people taking profits and fueled by the Bitcoin crash.
Latest Performance 📊
Today, BETA does not perform as strongly as many other crypto tokens. Nevertheless, based on technical indicators, it flashed one of the most reliable signals on the 1D chart.
The Signal ⚡️
The Hyper Scalper signal combines several moving averages and the ADX and scans for specific chart patterns. It is mainly used to predict a continuation after a setback.
Backtest & Profit Potential 💰
Since the signal has only appeared once for BETA on the daily chart, backtests aren't reliable. However, the signal has an average reliability of 75%—85% on the daily chart.
The profit potential is calculated at 83%, pointing to the 0.12 area.
Solana Hits Big Resistance and Drops to SupportGood Morning Traders,
It's important to review price action on Solana because it is our fourth largest altcoin (excluding stables) and does lead much of our altcoin market now in this position.
The inverse head and shoulders pattern is playing out thus far.
Solana touched my $122 support precisely before bouncing and rounding the bottom of our right shoulder.
The 200 day SMA helped to hold price for support.
Price then exceeded our .618 Fib fan level which intersected with a level I had drawn at $145. This now becomes support.
Price had attempted to move higher but there is great resistance ahead on both our price chart and the RSI chart below. Both charts show big areas of confluence that are acting as major resistance. If the bulls can get above these, we are then safe to tackle that neckline. Once broken, we should have a price target of $235-245 before more rest.
Don't forget, holiday weekends often give crypto a big boost. With the 4th of July being a big holiday here in the U.S., I would not be surprised to see price movement float up over the long weekend.
Stew
Tellor Trade Successfully Closed — Signal Indicates More DownsidJust yesterday, I posted a trade setup to short on the 4H chart. With today's market dip we reached the profit target easily.
However, the dip flashed another bearish signal for Tellor, indicating even more downside potential. Here are the details 👇
1️⃣ Trade Signal
Tellor flashed a bearish Parabolic Trader signal on the 4H chart. The signal combines indicators such as the EMA200, PSAR, ADX, and MACD.
2️⃣ Reliability
Based on backtests, the signal shows solid reliability on the 4H chart. In terms of TRB and based on 13 signals, it has a 77% probability of achieving 5% gains.
3️⃣ Profit Potential
The profit target is calculated at 8% and aligns with the TRB's resistance at $82. However, based on the backtest data, it might be reasonable to use two profit targets.
4️⃣ What about the chart?
Tellor's 4H chart looks mostly bearish and, therefore, supports the signal. The token fell below the reversal trendline, which has served as a support area for several days.
1INCH — Trade Signal Indicates Quick Gains On The 4H ChartThe crypto market is mainly moving sideways. Accordingly, it is reasonable to pursue trades with a lower profit potential.
1INCH is an exciting opportunity to realize 2.5% gains.
1️⃣ Bullish Trade Signal Flashed
1INCH flashed a bullish MACD crossover on the 4H chart. The signal has high reliability to realize gains of 2% and, therefore, perfectly aligns with the calculated profit potential of 2.5%
2️⃣ Chart Support Bullish Movement
1INCH bounced once again at its 0.39 support level, and we can expect a move toward the resistance at 0.408
3️⃣ Trade Setup
A tight stop loss is mandatory since the profit potential is relatively low. Therefore, a stop loss of 0.8% might be wise. That results in a risk/reward ratio of ~3.
#1INCH/USDT #TradeSignal
FLOKI Prints Bullish MACD Crossover On The Daily Chart — 15% PotHere are the details 👇
FLOKI printed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is gaining some upward momentum. Additionally, many market participants use the MACD to time their entry.
Backtest Details 🧐
On the daily chart, FLOKI has flashed the signal 11 times so far. FLOKI gained more than 2% in 10 out of 11 and more than 5% in 9 out of 11 signal occurences. However, the results for achieving more than 10% are slightly weaker (7 out of 11).
What about the chart 📊
FLOKI has found a local bottom at 0.00016 and should reverse from here. The first resistance is 0.0002, followed by 0.0003.
Potential & Approach 💰
The signal is calculated with a 15% profit potential, which is equal to the resistance at 0.0002. Therefore, a reasonable approach is to set a first take-profit target at the 0.0002 resistance and the second at 0.0003.
Tellor — Ichimoku Signal Indicates 5% Dip!Our algorithms identified a bearish Ichimoku signal for LSE:TRB on the 4H chart. The signal indicates a 4%-5% setback.
Here are the details 👇
TRB printed an Ichimoku signal on the 4H chart. The signal combines various Ichimoku indicators and validates the direction on higher timeframes. As a result, it is considered highly reliable.
Backtest Details 🧐
The signal has solid backtest results. Based on 7 historical signals, TRB dipped over 5% after signals flashed in 72% of their occurrence.
Other Technical Indicators 💹
Trend indicators are mainly bearish, whereas momentum indicators show a mixed picture.
What about the chart 📊
TRB is currently showing an uptrend after forming a bottom in early/mid-June. Therefore, based on the chart, a further price increase is likely. However, the Ichimoku price target perfectly fits the U-shape.
As a result, a possible scenario could be another retest of the U-shape before TRB continues going higher.
Verge — Engines On, Bullish Move About To Happen Verge printed a bullish signal on the daily chart and prepares for some upside momentum.
Here's What Has Happened 👇
XVG printed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is getting some upward momentum, which likely leads to a further price increase.
Signal Details 🧐
The signal flashed on the daily chart and had extraordinary backtest results. Based on 26 historical signals, XVG gained over 10% after signals flashed in 80% of their occurrence.
Other Technical Indicators 💹
Most momentum indicators are in the neutral zone and support the signal. Many trend indicators have turned bullish or are about to turn bullish. Additionally, the ADX shows a strong trend and should help to realize the signal gains.
What about the chart 📊
XVG's 1D chart perfectly supports the signal. XVG has found strong support at $0.004 and bounced nicely. The signal's profit potential (~10%) aligns with the next resistance at 0.0046. If Verge breaks through this resistance, 0.005 is on the radar.
Trade Setup ✅
Aligning with the automatically calculated 10% potential, I would go for a first take profit at 0.0046. Closing 50% of the trade at this level is reasonable. Additionally, the stop loss should be moved below 0.0046.
WIF — Bullish MACD Trade Setup — 28% PotentialMany of you told me they prefer a written trade setup of a video. That's why I put together the most essential facts about the signal in this post.
What Happened? 👇
WIF flashed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is getting some upward momentum, which can lead to a further price increase.
Is This Signal Reliable? 🧐
Unfortunately, we can't run proper backtests on the daily WIF chart simply because there's not enough data available yet. However, on higher timeframes, such as the daily chart, the MACD is considered a valid signal.
What About Other Indicators? 💹
Momentum indicators are neutral, which is absolutely fine. For trend indicators, we (logically) see a mixed picture of bullish and bearish indicators. The ADX shows a light trend, which further seconds the bullish trend.
How About The Chart And Potential? 📉
After its dump, WIF found support at the level of $1.6 and bounced nicely. Therefore, the chart looks promising for further gains and some room to run toward $2.5 - $2.6