US index bulish after the FOMC Fed rate cut. Now the Price is still at 108.133 and the last resistance was break on the current level and wait for the confirmations The next level will be 109.156 and 109.954. The USD positive impact will have a negative impact on major pairs and gold; be careful when opening the trades. *Note: When the USD idex is strongly bullish and sentiments also show the data will impact after the gold bullish recovery.
After breaking below the critical $1.04T support level yesterday, Total3 experienced a sharp decline, finding its footing at a key horizontal support level. This drop coincided with many altcoins also reaching their respective support zones. For traders, this presented an attractive opportunity to enter the market at more favorable prices, effectively halting the downward momentum. Currently, the chart shows a promising reversal forming. As long as this horizontal support level holds, there is a strong likelihood of continued upward movement, potentially paving the way for a new all-time high.
Description: This trading idea highlights ENA, a cryptocurrency designed to revolutionize the energy sector by integrating blockchain technology into smart grid systems. ENA focuses on creating a decentralized platform for energy trading, enabling peer-to-peer transactions, and fostering transparency in renewable energy distribution. By leveraging blockchain, ENA aims to reduce inefficiencies in traditional energy markets, promoting sustainability and innovation. As the demand for clean energy solutions grows globally, ENA is positioned to capture attention with its strong use case and potential for adoption in smart energy networks. It is important to acknowledge that the cryptocurrency market is volatile and subject to external factors, such as regulatory developments and macroeconomic conditions, which may impact prices. Investors should approach trading ENA with a clear strategy and proper risk management to navigate potential market fluctuations effectively. Disclaimer: This trading idea is for educational purposes only and should not be considered financial advice. Trading cryptocurrencies like ENA involves significant risk, including the possibility of a complete loss of capital. Always perform thorough research, consider your financial situation, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
Hi friends how are you ?? I hope all is well I hope everyone had a good profit get last week
Technical Analysis of KASPA (KAS/USDT) Falling Wedge Pattern: The chart indicates a classic falling wedge pattern, a bullish reversal formation. The price is approaching the breakout point where resistance has converged with support, as marked on the chart. The breakout above the resistance line suggests a potential upward trend. Volume Analysis: A spike in trading volume near the breakout area confirms increased interest and possible momentum shift. Momentum Indicators: VWMCipher B Divergences: Displays bullish divergence, supporting a potential price increase. RSI (Relative Strength Index): At ~27, indicating oversold conditions. This signals a potential upward price movement as the asset appears undervalued. Arty Money Flow Index (MFI): At ~24, indicating an oversold condition with possible accumulation. Stochastic Oscillator: Oversold levels at 32.5, crossing upwards, indicating a buy signal. Potential Targets: Short-Term Target: $0.14 (breakout confirmation). Mid-Term Target: $0.18 (previous resistance level). Long-Term Target: $0.22–$0.24 (major resistance zone from earlier trends). Risk Level: Support at ~$0.12. A breakdown below this level invalidates the bullish thesis, making this a critical stop-loss level. Trading Plan Entry Points: Initial Buy Zone: Enter near the breakout point (~$0.128-$0.132) to capitalize on bullish momentum. Confirmation Entry: Add to the position once price closes above $0.14 with strong volume. Stop Loss: Place a stop-loss slightly below $0.12 (e.g., $0.118) to limit downside risk if the breakout fails. Profit-Taking Strategy: First Take-Profit (TP1): At $0.14 (~10% gain) to secure initial profits. Second Take-Profit (TP2): At $0.18 (approximately 40% gain from entry). Final Target (TP3): $0.22-$0.24 for long-term holders seeking maximum gains. Position Sizing: Allocate 2–5% of your portfolio, depending on your risk tolerance. Keep capital reserved for potential averaging down if needed. Trailing Stop: Implement a trailing stop once the price exceeds $0.18 to lock in profits while allowing room for further upward movement. Risk Management: Maintain a Risk-Reward Ratio of at least 1:3. Adjust trade size to manage risk effectively. Monitoring: Regularly check volume trends, RSI levels, and significant market news affecting KASPA. Be cautious of overall cryptocurrency market sentiment, as broader trends often impact altcoins. This falling wedge setup, combined with oversold indicators and volume confirmation, suggests KASPA is primed for a bullish breakout. Stick to the trading plan and employ disciplined risk management to maximize returns while minimizing potential losses.
There is still some Liquidity lower. With the upcoming holidays and weekend the big markets are not there. So full ADR swings can happen. Holders get a chance to DCA. Traders.. Beware. only in and out trading. The bots currently trading the coins can move prices with small volumes. Big players will cashout before the end of the year end will step in few days later. This to well.. have some favourable taxes ;)
DEVYANI International support a support trendline and making higher lows. We can see this for a Swing trade .Low Risk High Reward Setup is making.We can see next levels from here- 180......190......200.Analyze Before entry.See how it perform from here in coming days.Thanks for support.
1-Hour Chart Analysis: 1. RSI and Signal Line: • RSI is at 54.17, above the neutral 50, indicating moderate bullish momentum. • The signal line (42.28) lags behind, suggesting a delayed confirmation. 2. Bollinger Bands: • Price is above the Bollinger midline, heading toward the upper band, indicating upward momentum. • Breaking the upper band would confirm stronger bullish sentiment. 3. Ichimoku Components: • Lagging span and conversion line show bullish attempts but are still close to key resistance. 4. Key Levels: • Resistance levels at Take Profit 2 (2629.88) and Precision RES 2 (2627.70) are crucial. • Fibo 38.2% at 2624.19 acts as immediate support for continuation. 5. Volume and ADX: • Volume signals are mixed, and ADX trend strength at 28.78 indicates a developing trend but not yet strong. 4-Hour Chart Analysis: 1. RSI and Signal Line: • RSI is at 40.32, below the neutral 50, showing weak bullish momentum on the higher timeframe. • Signal line (36.29) lags, indicating bearish pressure still exists. 2. Ichimoku Components: • Lagging span and conversion line are below the price, suggesting the market is trying to transition from bearish to neutral. • Immediate support from the Ichimoku conversion line at 2616.73. 3. Key Levels: • Immediate resistance at EMA 8 (2622.77) and MA 5 (2618.27). • Fibo 23.6% at 2615.89 provides a critical support level to watch for bullish continuation. 4. Volume and ADX: • Negative volume spikes (-76.85%) indicate bearish dominance. • ADX at 40.76 with DI- (35.38) above DI+ (10.32) shows the bearish trend is still active but weakening. Combined Analysis: 1. 1-Hour Trend: • Bullish attempts are evident, but resistance around 2627.70 (Precision RES 2) and 2629.88 (Take Profit 2) must be cleared for confirmation. • The RSI supports short-term bullish momentum. 2. 4-Hour Trend: • The 4-hour chart suggests the bullish attempts on the 1-hour are within a broader bearish trend. RSI below 50 confirms this. • Strong support lies at 2615.89 (Fibo 23.6%) and 2601.42 (MA 9). Recommendations: 1. For Long Trades: • Wait for 1-hour confirmation above 2627.70 and 4-hour RSI to cross 50. • Ensure Ichimoku lagging span and conversion line align bullishly on both timeframes. 2. For Short Trades: • If price rejects 2627.70 and falls below 2615.89, consider shorting with a target at 2601.42. 3. Risk Management: • Place stop loss below 4-hour support at 2615.89 for long trades and above 1-hour resistance for short trades.
Since earlier this week, price has been in a trending market condition up until yesterday being Wednesday when the US government cut interest rate. Price got impacted by volatility. This market condition right now is highly unpredictable as the market may continue to surge higher or likely fallback. We’re looking forward to seeing market regain normal trending conditions before we resume trading activities in this pair.
GBPUSD is moving on support zone and and made a head & shoulder pattern The chart is above the support level, which has already become a reversal point twice. We expect a decline in the channel after testing the current level. We expect a decline in the channel after testing the current level Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️