a strategic long position on Bitcoin (BTC) at $78,000, following a Fair Value Gap (FVG) that forms at $76,000. This gap suggests a potential price inefficiency, which you believe could trigger a bullish move in BTC’s price. The setup implies that the price will fill the gap and push higher. To manage risk, you’ve set a stop loss at $75,000, providing a clear level for potential exit in case the market moves against your position. Your target for this trade is $96,000, where you expect significant resistance or a strong price movement to materialize. Overall, the trade offers a solid risk-reward setup with the expectation of capturing gains as Bitcoin rallies from the FVG level.
IOST/USDT 1W chart shows a strong bounce from the support zone, indicating potential bullish momentum. The price is currently approaching the falling resistance trendline, which has acted as a major barrier in previous attempts to rally. The Stoch RSI has formed a bullish crossover, signaling a possible trend reversal. However, a breakout above the descending resistance trendline is required to confirm further upside. If you missed the entry at the bottom, avoid emotional FOMO—wait for a confirmed breakout to capture the next leg up.
BTC bull mamrket is over. the next leg up of BTC will not be for BTC, it will be alt season (from 70K to 91K)
? ? ? Asset: Bank of America (BAC) ? Timeframe: 30-Min Chart ? Setup Type: Bearish Breakdown Trade ? Trade Plan (Short Position) ✅ Entry Zone: Below $40.30 (Breakdown Confirmation) ✅ Stop-Loss (SL): Above $41.70 (Invalidation Level) ? Take Profit Targets: ? TP1: $38.67 (First Support Level) ? TP2: $36.75 (Extended Bearish Move) ? Risk-Reward Ratio Calculation ? Risk (SL Distance): $41.70 - $40.30 = $1.40 risk per unit ? Reward to TP1: $40.30 - $38.67 = $1.63 (1:1.16 R/R) ? Reward to TP2: $40.30 - $36.75 = $3.55 (1:2.54 R/R) ? Favorable Risk-Reward Ratio – Aiming for a 1:2.54 R/R at TP2. ? Technical Analysis & Strategy ? Bearish Trendline Breakdown – The price was rejected at the descending trendline. ? Weak Buying Pressure – Rejection at $40.30 suggests sellers are in control. ? Volume Confirmation Needed – Increased selling volume below $40.30 confirms momentum. ? Momentum Shift Expected – If price remains below $40.30, it could decline toward $38.67, then $36.75. ? Key Resistance & Support Levels ? $41.70 – Stop-Loss / Resistance Level ? $40.30 – Breakdown Level / Short Entry ⚪ $38.67 – First Target / TP1 ? $36.75 – Final Target / TP2 ? Trade Execution & Risk Management ? Volume Confirmation – Ensure strong selling pressure below $40.30 before entering. ? Trailing Stop Strategy – Move SL to breakeven ($40.30) after hitting TP1 ($38.67). ? Partial Profit Booking Strategy: ✔ Take 50% profits at $38.67, let the rest run to $36.75. ✔ Adjust SL to breakeven ($40.30) after TP1 is hit. ⚠️ Fake Breakdown Risk: ❌ If price moves back above $40.30, exit early to limit losses. ❌ Wait for a strong bearish candle close before entering aggressively. ? Final Thoughts ✔ Bearish Setup – Breakdown signals downside potential. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:2.54 R/R to TP2. ? Stick to the plan, manage risk, and trade smart! ?? ? Hashtags for Engagement: #BankOfAmerica ? #BAC ? #StockTrading ? #TradingNews ? #MarketUpdate ? #Investing ? #ShortTrade ? #Stocks ? #ProfittoPath ? #SwingTrading ? #DayTrading ⚡ #TechnicalAnalysis ? #StockSignals ? #FinancialFreedom ? #MarketTrends ? #StockAlerts ? #TradeSmart ? #Bearish ? #RiskManagement ⚠️ #TradingCommunity ? #SmartTrading ? #MarketAnalysis ? #TrendBreakdown ?
The NZD/USD currency pair remains in a bearish trend, supported by the longer-term prevailing downtrend. However, recent intraday price action suggests sideways consolidation, indicating a potential buildup before the next significant move. Bearish Scenario: The key level to watch is 0.5770, aligning with the previous consolidation zone. A potential oversold rally toward 0.5770, followed by a bearish rejection, could reaffirm the downtrend. If sellers regain control, downside targets include 0.5687, followed by 0.5665, with 0.5637 acting as a key longer-term support. Bullish Scenario: A confirmed breakout above 0.5770 on a daily close would challenge the bearish outlook. This could trigger further upside momentum, leading to a test of 0.5793, followed by 0.5854 if bullish pressure strengthens. A sustained move above 0.5770 could indicate a broader trend shift. Conclusion: The overall sentiment remains bearish, but short-term consolidation suggests a possible test of 0.5770 before the next directional move. A bearish rejection at this level would reinforce the downtrend, while a breakout above 0.5793 would open the door for further upside. Traders should monitor price action closely at this key resistance zone for confirmation. 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.
BTC/USD (1D) Technical Analysis – March 10, 2025 Market Structure & Price Action: Bitcoin was previously in an ascending channel, making higher highs and higher lows. The price has broken below the channel, signaling a potential trend shift or deep pullback. BTC is currently testing the $79,966 level, with the next major support at $73,074. Volume Analysis: Volume has increased during the recent sell-off, indicating strong selling pressure. If buyers do not step in soon, BTC could continue dropping toward $73,000 or even lower. RSI Indicator: RSI is at 33.69, close to the oversold zone. A bounce could be expected soon, but RSI has room to drop further before a strong reversal. Key Levels to Watch: Resistance: $90,000 (previous support in the channel) Support: $73,074 (major level), followed by $55,247 if the drop extends further. Potential Trading Scenarios: Bullish Case: If BTC finds support at $73,000 and RSI confirms a bullish divergence, a recovery back into the channel is possible. Bearish Case: If BTC breaks below $73,000, it could accelerate downward toward $55,000 as the next major demand zone.
Hi All, So just a thought and observation - let me know what you guys think. We have had 4 bounces off this bottom green support trend line since 2023. Each time BTC shoots back up for a solid run. Is the end near? Am I hoping for an end to this blood bath correction which just dipped into the $79K range. Is there more to come, the chart says we should be done - or damn near the end. Let me know your thoughts!!
FX:GBPUSD Pending Order: Buy Stop 1.29522 TP: 1.30629 SL : 1.30629 ..ENJOY!!
https://www.tradingview.com/x/1lzgUcol/ My dear friends, My technical analysis for GOLD is below: The market is trading on 2604.7 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2617.6 Recommended Stop Loss - 2897.7 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
The USD/CHF currency pair is currently exhibiting a bearish sentiment, as evidenced by the loss of the longer-term prevailing uptrend. The key trading level to watch is 0.8865, which represents the current intraday swing low and the falling resistance trendline level. Bearish Scenario: If the price fails to break above the 0.8865 level and faces a bearish rejection, it could trigger a downside move targeting the support levels at: 0.8735 - Initial downside support 0.8700 - Secondary support level 0.8600 - Longer-term support Bullish Scenario: Alternatively, a confirmed breakout above the 0.8865 resistance level, followed by a daily close above that point, would negate the bearish outlook. This scenario could open the path for further rallies, targeting: 0.8918 - Immediate resistance level 0.8965 - Next potential resistance level Conclusion: Traders should closely monitor the 0.8865 level for directional clues. A rejection from this level would favor short positions targeting lower support zones, while a breakout and daily close above would support long positions aiming for higher resistance levels. Proper risk management and trend confirmation are crucial for successful trading in this volatile environment. 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.