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Trend Analysis

Overbought Warning: Exercise Caution in Current Market Cycles ⚠️ Overbought Warning: Exercise Caution in Current Market Cycles ⚠️ Bitcoin and many altcoins are significantly overbought in their respective cycles. 🚨 Caution is strongly advised. Avoid jumping into investments late in the 1-week cycle. Instead, wait for the cycle to dip below 20 before considering an entry. 📉 🧠 Quick Recap: How to Use the Cycle Signals - ✅ Green Zone = Potential Buy Signal - 🚫 Red Zone = Potential Sell Signal We’ve been in the red zone for a considerable amount of time now, signaling heightened risk. A retracement appears likely, so patience is key! ⏳ The Danger of FOMO It’s tempting to trade when: - The market moves 24/7 🌐 - Influencers flaunt their PnL cards 📊 - News and activity are constant. 📢 But jumping into an overheated market can lead to losses, not gains. ✅ What to Do Instead: - Don’t chase the hype. - Missed a 10-15% gain? No problem! Compare that to the profits from buying in the green zone and selling in the red—you’ll make far more with less risk. 🔑 Stay Smart, Stay Patient Remember: **There’s nothing worse than watching your portfolio bleed daily.** Avoid the stress by simply waiting for better cycle opportunities. 💡 This is not financial advice. Always do your own research! 📖
BITSTAMP:BTCUSDLong
by TheStrategyMaster
1
DAR COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVES!!NYSE:DAR Coin Possible Scalp & Swing Trade Ideas 💡!! • If price drop b/w 0.105$-0.095$ area then potential Bounce Back expected.. With SL I will Try To Build Quick Scalp On it. • Before Upgradation if its price drop b/w 0.75$-0.60$ area then i will add it small amount in my long term portfolio for 50%-150% gain.. In next Few Months🫡 Warning : That's jus mine analysis Do Your Own Proper Research Before Taking qny action🚨
by CRYPTOPLAYERS-01
KPEL BREAKOUT Script: KPEL Key highlights: 💡⚡ 📈 Script is trading at near its support level keep an eye on stock, we may see some good rally. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 650 🟢 Target 🎯🏆 - ATH ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
BSE:KPELLong
by ronakca21
1
QQQ Bearish Engulfing Candle on Weekly TimeframeAccording to our models QQQ will keep correcting for another 3-4 Weeks and approximate correction would be 8% Entry Short: 524 Exit Short: ~ 480 All the best. Marketpanda Disclaimer: The information provided is for general informational and educational purposes only, and does not constitute financial, investment, or legal advice. None of the content shared should be relied upon as the sole basis for making investment decisions. Prior to making any financial or investment decisions, it is strongly recommended that you consult with a qualified financial advisor, accountant, or other professional who is familiar with your individual circumstances and risk tolerance. Any reliance you place on the information presented is strictly at your own risk, and we are not responsible for any losses, damages, or liabilities resulting from your investment or trading activities.
NASDAQ:QQQShort
by marketpanda123
Staying calm and buying NVDAThe world is not ending (yet). NASDAQ:NVDA is down a little over 12% since the beginning of November and everyone acts like it didn't have drops of 20+% in August/Sept and 25ish% in July. Normal state of affairs for NASDAQ:NVDA , so I'm a buyer here. Beware, though. While my algo is historically undefeated on NVDA, it has also gotten me into FAST, APD, CR and some others lately that are acting like absolute dogs. I'm sure they will work out in the end, but these trades would test the patience of most - they're testing me and I know how the story ends already. I'm hoping this trade breaks that ugly streak I'm on rather than joins it. Fingers crossed... I'm adding as long as the algo says it's a buy and I'm selling any lot on its first profitable close. Same plan as usual. Side note: most of the trades shown on the chart used a more aggressive exit strategy than this does. Closing out on the first profitable close for a lot works especially well when a trade entry is part of a downtrend. The trade should close more quickly, but generate a smaller win when it does. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NASDAQ:NVDALong
by redwingcoach
6
AUD/USD:Bullish Reversal from Oversold Zone with 290-Pips TargetAUD/USD has tested the key oversold area near 0.6200, showing strong buyer rejection. This zone aligns with historical support, making it a high-probability area for a bullish reversal. The take-profit target is set at 0.6490, a major control price reflecting previous equilibrium and significant trading activity. With confirmation of bullish momentum, this setup offers aiming for a 290-pip move back toward fair value If today's daily candle as bullish, it would be full confirmation
Long
by Eleazarahmath
5
EURGBP in a Tug-of-War: A Looming Short Opportunity?The EURGBP market has been experiencing a period of consolidation, confined within a well-defined range between a robust support zone at 0.82300 and a notable resistance zone at 0.83300. This sideways movement reflects the market’s indecision, as traders await key signals to determine the pair’s next major directional move. Currently, the price action has demonstrated a rebound off the lower boundary of this consolidation range—the support level at 0.82300—which has proven to be a formidable floor, absorbing selling pressure and providing a base for upward momentum. Following this bounce, the pair is now gravitating toward the upper boundary of the range near 0.83300, a level that has repeatedly acted as a ceiling, thwarting bullish attempts to break higher. What makes the current setup particularly compelling is the confluence of technical factors near the resistance zone around 0.83000. Not only does this area align with the horizontal resistance level, but it is also reinforced by an upward trendline, creating a potential intersection of supply that could catalyze a bearish reversal. The presence of this dual-layered resistance amplifies the probability of a pullback from these levels, as buyers may struggle to sustain upward momentum in the face of intensified selling pressure. Given this context, I anticipate that the market is likely to react at the resistance zone by staging a pullback, potentially retesting the midpoint of the consolidation range as the pair oscillates within its established boundaries. My primary focus remains on the support zone around 0.82700 as a key target for this anticipated downward correction. This level not only sits comfortably within the middle of the broader range but also represents a logical area where buyers might reenter the market, seeking to defend the pair from further declines. In summary, the EURGBP pair appears poised for a potential shorting opportunity as it approaches the critical resistance zone near 0.83000. This setup presents a classic case of range-bound market dynamics, where understanding the interplay between support and resistance levels can provide a roadmap for navigating price fluctuations. Patience will be crucial in this scenario, as the market's reaction to the resistance zone will likely determine the next phase of price action. Whether the pair ultimately breaks out of its current range or continues to oscillate, the immediate outlook suggests a bearish retracement is on the horizon. (The market decides how much profit you make. You decide how much you lose.)
Short
by lonelyPlayer0
BTCUSD 12/20/2024Performance Recap (Previous Analysis from 10/8/2023): • Entry: 27,948 • Targets Achieved: o 63k (+127.81%) o 96k (+244.56%) • High Reached: 108k ________________________________________ BTC/USD Daily Chart Analysis Technical Analysis (Current Scenario): Chart Patterns: • Cup and Handle Formation: o Confirmed breakout signals bullish continuation. o Long-term uptrend reinforced. Indicators: • Golden Cross: The 50-day EMA has crossed above the 200-day EMA, signaling a bullish trend. • MACD: Firmly in bullish territory, confirming positive momentum. • Hammer Candlestick: Closed at support (around 92K), indicating potential reversal and entry point. Support and Resistance Levels: • Support: o 92K (key level tested multiple times). o 50-day EMA (current level). • Resistance: o None until the 310k target based on the Cup and Handle projection. ________________________________________ Target Analysis: • Cup and Handle Target: o Measured distance from the cup's bottom to its neckline. o Projected Target: 310k. • Timeline: o Historical reference to 2013–2017 suggests a 6–8 month timeline with minor pullbacks for additional entry opportunities. ________________________________________ Trade Setup: • Entry: 97,703.80 • Stop-Loss: 69,092.64 (-29.28%) • Target 1: 310k (+217.29%, 7.42 RR ratio). • Target 2: Use a trailing stop based on the 20-day EMA if price exceeds 310k Summary: BTC/USD has surged from 27K to 108k since the last analysis, forming a textbook Cup and Handle pattern, which has now broken out, confirming a bullish reversal and signaling a continuation of the long-term uptrend. Key indicators, including a Golden Cross between the 50-day and 200-day EMAs and a bullish MACD, support this momentum. Currently, BTC is bouncing around the 92K support level and holding above the 50-day EMA, which also acts as a support. The appearance of a Hammer candlestick at this level further solidifies the bullish case and sets the stage for a new long position. The measured move for the Cup and Handle pattern projects a target of 310k. Drawing from historical price behavior, this uptrend could unfold over the next 6–8 months, with minor pullbacks offering additional entry opportunities. This setup presents a strong technical case for continued upside, with a clear structure, supportive indicators, and a high-probability target.
COINBASE:BTCUSDLong
by rudcharts
ETHEthereum (ETH) Weekly Chart Analysis – Cup & Handle and Inverse Head & Shoulders Overview of Current Setup: Upon reviewing Ethereum’s weekly chart, a classic cup and handle formation is evident, with a confirmed breakout already in progress. The current price action suggests a potential backtest of the breakout zone, reinforcing the integrity of this pattern. Simultaneously, within this backtest, an inverse head and shoulders pattern is emerging – another bullish signal indicating that Ethereum could see further upside in the coming months. Pattern Breakdown: • Cup and Handle Formation: • This is a bullish continuation pattern that often signals the resumption of a strong uptrend after a period of consolidation. • The initial breakout suggests strong buying momentum, but as is common, the price is retracing to retest the breakout zone, essentially validating the strength of the move. • Inverse Head and Shoulders (H&S): • This pattern typically forms after a downtrend or corrective phase and often marks a reversal point. • The presence of this pattern within the backtest area adds confluence to the bullish outlook. Profit Targets: Given the alignment of these two patterns, the upside potential for Ethereum is significant. Here’s how the targets shape up: • Primary Target Range: $5600 - $6000 • This range represents a conservative measure of the breakout from the cup and handle, projected by mirroring the depth of the cup. • Extended Target: $6500 - $7000 (by mid-2025) • If momentum accelerates and bullish conditions persist, ETH could stretch towards this level as a secondary target. Stop Loss Strategy: • Key Level: Below $2800 • This represents a critical invalidation point. If Ethereum dips below this level, it would likely indicate a breakdown of the patterns mentioned, signaling potential further downside. • Since this is a weekly chart, patience is key. Short-term fluctuations and liquidation dips are common, so avoid overreacting to minor price movements. Timeframe & Approach: • Time Horizon: Weekly chart patterns generally take longer to develop and fully play out. This projection anticipates growth and price appreciation into mid-2025. • Mindset: This is a longer-term analysis. Avoid emotional trading or reacting impulsively to short-term volatility. Ethereum’s price action may involve consolidation, retracements, and temporary corrections along the way – all part of the process. Summary: Ethereum’s weekly chart shows compelling bullish signals through both a cup and handle pattern and an inverse head and shoulders formation. This confluence increases the likelihood of further upside. With profit targets in the $5600-$6000 range, and extended targets as high as $7000 by mid-2025, Ethereum presents a promising opportunity for patient traders. A stop loss below $2800 ensures risk management while allowing room for price action to develop naturally. (ChatGPT made me do it lol)
BITSTAMP:ETHUSDLong
by TriumphOne
USDCAD: HTF DT OPPORTUNITYThis is an UPDATE to the previous analysis. Read the notes from the previous analysis (see link below) Due to yesterday's BIG NEWS regarding lower USD interest rates, PA on this pair spiked to the upper Resistance (distal) before showing signs of the DT we anticipated earlier. HIGH TIMEFRAME DOWNTREND Pivot High @ 1.46685 Resistance, Major @ 1.4463 Resistance, Major @ 1.4209 SLO2 @ 1.4536 ⏳ SSO1 @ 1.4270 ⏳ SLO1 @ 1.4188 📉 TP1 @ 1.3763 TP2 @ 1.3337 TP3 @ 1.3024 TP4 @ 1.2539 Support, Minor @ 1.33858 Support, Major @ 1.32522 BLO1 @ 1.2422 ⏳ BLO2 @ 1.2140 ⏳ Pivot Low @ 1.2007
Short
by ProfessorCEWard