Extremely bullish on DeFi! Just opened a long on $COMP/USDT after it shattered an 800-day trading range. Expecting a target of around $200, Look out for Sushi and YFI
AUD/USD 15-Minute Analysis: Breakout Setup On the 15-minute time frame, AUD/USD is approaching a resistance level. Here's my idea: Entry Plan: If the price breaks out above the resistance level with confirmation, it could provide a long entry opportunity. Target: The next resistance zone, marked in pink. This setup is contingent on a confirmed breakout. Monitor price action closely and manage your risk accordingly. Let me know your thoughts or share your analysis below! ?
XAU/USD 4hr Timeframe Analysis Trend Analysis: In the 4H timeframe, XAU/USD (Gold) is in an uptrend. However, the price has been in a semi-consolidation phase over the past few days, forming a range-bound market. Recently, the price broke above a previous resistance level and a solid trend line at 2,670, indicating a potential continuation of the uptrend. Key Observations: The price has broken out above the major resistance level, which has now become a key level for buyers to take advantage of. The breakout was followed by a minor pullback, which is a common occurrence after a major level breakout. We anticipate an accumulation phase above the major key level before the price moves down and breaks the major key level, liquidating all buyers' stop-losses. Price Action Expectation: https://www.tradingview.com/x/7b4JzaXC/ Our objective is to wait for the price to go below the major resistance level and wait for a liquidity grab. After that, we expect the price to move up again and break the resistance level. This will be the time to place our buy stop order. Trade Setup: Buy Stop Entry: 2,717.70 (above the resistance level) Stop Loss: 2,683.10 (below the liquidity zone) Take Profit: 2,783.10 (next resistance level) Action Plan: Wait for the price to go below the major resistance level. Look for a liquidity grab, which will indicate a potential reversal. Wait for the price to move up again and break the resistance level. Place a buy stop order at 2,717.70. Set a stop loss at 2,683.10. Set a take profit target at 2,783.10. Fundamental Analysis: Gold buyers take a breather ahead of US PPI inflation data. Gold's price seems to have paused its four-day recovery stint in Asian trading on Thursday after hitting fresh five-week highs near $2,725. Traders assess the odds of US Federal Reserve (Fed) interest rate cuts next year amid the ongoing upsurge in the US Treasury bond yields across curve.
Ready to touch the final leg of the Bullish Flag i.e. 15% from current levels. Instant entry can be made with SL around 14.3 for the final TP of 16.7
https://www.tradingview.com/x/k715EgUV/ Hello,Traders! AUD-JPY keeps going up But the pair will soon hit A horizontal resistance Of 98.300 so after the Retest we will be expecting A local bearish correction Sell! Comment and subscribe to help us grow! Check out other forecasts below too!
Bitcoin on the 7-Day Chart The 7-day chart suggests potential weakness as the current candle appears indecisive or bearish. This reflects short-term consolidation or retracement, which often occurs in a bull cycle as the market seeks to cool off and reset momentum. If this chart weakens further, it may retest key support levels (like $80,277 or $67,427) to find footing. Bitcoin on the 5-Week Chart Conversely, the 5-week chart maintains a stronger bullish structure. This time frame indicates that the broader trend is still intact, with the price holding above critical zones. The current candle has three days left to close, making its final formation crucial. A solid close with minimal retracement would reinforce bullish momentum, confirming the continuation of the upward trend. What to Watch For 1. Retests of Key Levels • If Bitcoin retraces, it will likely revisit previously broken levels (e.g., $80,277 or $67,427) to establish support. This would strengthen the foundation for further moves upward. 2. Candle Closure on the 5-Week Chart • The current candle’s close will signal whether the bull run remains strong or if further consolidation is needed. A close above $100,000 reinforces bullish sentiment. 3. Lower Time Frame Clues • Smaller time frames may show early signs of a retrace or breakout. Watch for price action around significant Fibonacci levels and trend lines for confirmation. Conclusion While the 7-day chart may indicate a short-term pullback, the 5-week chart suggests the broader bull cycle remains intact. Retracements are natural and often necessary in bullish markets, as they allow for liquidity building and stronger moves. Bitcoin’s next steps depend on its ability to hold above critical levels and maintain momentum across larger time frames.
Analysis of the pound index, symbol FTSGBP Mid-term and long-term time frames Strong support range 8222 Target 8636 and 8836 The market can enter the next rising wave by maintaining the support, which is more likely to be supported, and also by breaking the upward trend line.
10 Rules for Market Dynamics (Translated to English) If the price "accepts" a value area, it is highly likely to reach the other extreme. If the price is within a value area, the expectation is for it to remain INSIDE until there are clear signs otherwise. Price tends to be "choppier" within a consolidated value area due to high liquidity. Define tolerance zones. Do not trade in the middle zone (POC). If the price is accepted OUTSIDE the value area, the expectation is for the condition of the market to change and likely expand.
We give glory to God Almighty for the gift of life and good health. As the year 2024 draws to a close, it's the perfect time to prepare our altcoin recap and reflect on the progress we've made. A big shoutout to TradingView for providing this incredible platform that empowers traders to learn, share, and grow together. Thank you, TradingView, for all you do! This post is dedicated to reviewing and revisiting all the altcoin requests submitted throughout the year, from January to December. The goal is to ensure clarity and provide updated insights as we wrap up the year and prepare for BIGGEST ALT SEASON 2025. Links to the analyses can be found here: December: https://www.tradingview.com/chart/BTCUSDT/dpIIBPac-DECEMBER-ALTCOIN-ANALYSIS-REQUEST/ November: https://www.tradingview.com/chart/BTCUSDT/G3rA3M0j-ALT-Analysis-request-for-November-2024/ October: https://www.tradingview.com/chart/BTCUSDT/yUs86T5Q-ALTCOIN-analysis-Request-for-October/ September: https://www.tradingview.com/chart/BTCUSDT/DUMApiXU-ALTCOIN-REQUEST-FOR-SEPTEMBER-2024/ August: https://www.tradingview.com/chart/BTCUSDT/fCwZ8UNv-ALTCOIN-REQUEST-FOR-AUGUST-2024/ July: https://www.tradingview.com/chart/BTCUSDT/F7GXKCNa-ALTCOIN-ANALYSIS-REQUEST-for-July-2024/ June: https://www.tradingview.com/chart/BTCUSDT/CpaP5hAz-JUNE-ALTCOIN-REQUEST/ May: https://www.tradingview.com/chart/BTCUSDT/Ejw9jyLP-ALT-REQUEST-FOR-MONTH-OF-MAY/ April: https://www.tradingview.com/chart/BTCUSDT/O7OGvZHS-MONTH-OF-APRIL-ALTCOIN-REQUEST/ March: https://www.tradingview.com/chart/BTCUSDT/hy6DPJc3-MARCH-ANALYSIS-REQUEST/ February: https://www.tradingview.com/chart/BTCUSDT/WOngXSY4-February-Altcoin-Analysis-Request/ January: https://www.tradingview.com/chart/BTCUSDT/Q8vZExyA-JANUARY-ALTCOIN-ANALYSIS-MOMENTs/ Here’s how it works: Visit any of my previous posts and locate the analysis of the altcoin you’re interested in. Copy the link to that analysis and paste it here in the comments, along with your specific question or request. Your questions can include: Requesting an update to the existing analysis. Asking for a fresh analysis from scratch. Let’s dive in and collaboratively complete our final recap of 2024 altcoin analyses. This is a chance to refine strategies and prepare for the opportunities ahead. Share your requests, and let’s get to work!
The pair has moved a little lower, but is held up by the cross selling of GBPAUD, i.e. AUDCAD moved strongly higher due to ecenomic data release from Australia, which were positive outcomes. For now, the strategy remains in SELL mode due to stochastic, SMI and MACD etc suggesting lower levels, and we are still overbought (reduced). Strategy SELL @ 1.80550-1.8100 for a move to 1.7917 and lower.