btcusd to fail [ waiting mode ) btcusd to fail [ waiting mode ) btcusd to fail [ waiting mode ) now we are in demand zone
London session bias short odds: london high is in. setup: was watching the bullish retracement for a possible short entry that would align with my bias. after seeing price mitigate some order blocks, and then proceed to create bearish price action, i found another order block, with a fvg below it. as you can see, price wicked the OB. i kind of rushed the entry, i was not going to wait for price to retrace into ANOTHER poi within. thats just too much. analysis paralysis. i essentially did a market order, and entered basicially as soon as my OB had been hit and price started to move back below. i had already a CHOCH and a BOS to confirm bearish movement. TP is at 2:1 rr. aiming at swing low == liquidity. in real life, i would take 50% profit at 2:1, and let the rest run . uhhhh anything else i missed will be added in the notes.
The Nasdaq 100 (USTec) index maintains a bullish outlook, supported by its long-term uptrend. However, recent price action suggests a corrective pullback following the all-time high, bringing the index to a key technical support zone. Bullish Scenario: The 20280 level (200-day moving average) serves as a critical support zone, aligning with the long-term rising trendline. A pullback towards this level, followed by a bullish bounce, could reaffirm the prevailing uptrend. Upside targets include: 21200 (key resistance) 21450 (50-day moving average) 21620 (20-day moving average) A strong rebound from 20280 could reinforce bullish momentum and set the stage for further gains. Bearish Scenario: A confirmed breakdown below 20280 with a daily close beneath this level would weaken the bullish structure. This could trigger a deeper retracement, leading to downside targets at: 19990 (next key support) 19560, if bearish pressure intensifies A sustained loss of 20280 may indicate a broader correction, potentially shifting sentiment in favor of sellers. Market Outlook: The 20280 level is pivotal—holding above this support will sustain the bullish trend, while a decisive break below it could signal extended downside risks. Traders should monitor price action and volume at this critical level to gauge the market’s next move. 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.
? Welcome to TradeCity Pro! In this analysis, I want to review ONE, the token of the Harmony project. Harmony is one of the layer-1 blockchain networks and is considered one of the older crypto projects. ✨ The token currently holds a market cap of $205 million, ranking 198th on CoinMarketCap. ? Daily Timeframe On the daily timeframe, as you can see, there is a large consolidation box between $0.01033 and $0.032724. In the last bullish leg, the price started from the $0.01033 low and moved up to the main resistance at $0.032724. ✅ It even broke above this level, reaching $0.04532, but was rejected and fell back into the range, turning this bullish move into a fake breakout. ⚡️ After returning to the range, the price first corrected to $0.02286. Once this level was broken, the next bearish leg pushed the price down to $0.01346. Currently, we are seeing a smaller consolidation box between $0.01346 and $0.01681. ? Looking at the RSI oscillator, there is also a range between 37.05 and 50. A breakout in either direction could confirm the momentum for that direction. Naturally, a break below 37.05 would be a stronger confirmation for downside movement, as the market momentum is already bearish. ? If $0.01346 is broken, the price could move toward the bottom of the large range at $0.01033.If $0.01033 is broken, a new all-time low (ATL) is likely to be registered. ? On the bullish side, if the $0.01346 support holds and the $0.01681 resistance is broken, we can expect the price to rally toward $0.02286 and possibly even $0.03274. ? For spot buying, I prefer to wait until this coin shows strength against Bitcoin and Bitcoin dominance starts declining. My spot trigger is currently at $0.04532, and I will not enter a position before this level is broken. ⏳ 4-Hour Timeframe On the 4-hour timeframe, the price remains within the same range as identified in the daily timeframe. ? For a short position, if $0.01327 is broken, you can enter a short trade targeting the bottom of the range. ? For a high-risk long position, if $0.014825 is broken, you can target the top of the range, but this trade is very risky.The main long position will be confirmed if the price breaks above $0.01681. ? Regarding indicators and oscillators, I don’t have much to say in this ranging market. Volume is also low, making it difficult to rely on momentum indicators in this sideways phase. https://www.tradingview.com/x/7ajbHnaI/ ? Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Hi traders, market is bearish daily, but at a support level. However, here, market is currently bullish 1h, until bulls exhausted. The anticipated target could highestly play out in a coming time. Good luck.
The price bounces for the fourth time on the support indicated by the blue trendline. The chart is open to different interpretations because at the top we have a possible double top with the blue line, but at the bottom, we have strong support that continues to hold. Personally, I have seen this tech selloff as an opportunity to accumulate. I think the panic created was meant to make small investors sell, increasing the shares available on the market in anticipation of the next bullish cycle. For greater security, wait for confirmation from the breakout of the red trendline, indicating the start of the upward trend. Of course, a break of the blue support means the start of a strong decline.
https://www.tradingview.com/x/F47irBl4/ Take a look at our analysis for ETHUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 2,224.8. Taking into consideration the structure & trend analysis, I believe that the market will reach 2,506.1 level soon. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
? Bearish Bias ✅ Break of Key Support Zone - BTC has lost previous daily support, turning it into resistance. (+2) ✅ Fair Value Gap (FVG) Resistance - Price rejected at FVG, signaling bearish continuation. (+2) ✅ Lower High (LH) Formation - Price struggling to push higher, forming a potential sell zone. (+1) ✅ 4HR Trendline Below Price - If broken, downside acceleration is likely. (+1) ? Total Bearish Score: 6 ? Sources: Key Support Break & Momentum - XTB FVG & Bearish Market Structure - IFC Markets ? Bullish Bias ✅ Potential Weekly Pullback - If BTC holds the recent low, a bullish recovery is possible. (+2) ✅ Fib Retracement Levels Holding - Price reacting at 0.382 (86,347) and could target 0.618 (91,404). (+2) ✅ Strong Demand Around $78,000 - Historically a high liquidity zone. (+1) ? Total Bullish Score: 5 ? Sources: Bitcoin Support Zones & Demand - RoboForex Fibonacci & Pullback Levels - Bloomberg ? Sentiment & Market Factors ? BTC ETF Outflows (- Bearish) - Institutional exits causing selling pressure. Sources ? Bitcoin Halving Approaching (+ Bullish) - Potential demand increase ahead of halving event. Source ? Macro Risk-Off Sentiment (- Bearish) - Global markets shifting away from risk assets. Source ? Final Bias: Slightly Bearish (Score: 6 vs 5)
https://www.tradingview.com/x/CIshbNp0/ Please, check our technical outlook for NZDUSD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 0.559. Considering the today's price action, probabilities will be high to see a movement to 0.566. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
https://www.tradingview.com/x/eYsP1dCH/ Here is our detailed technical review for GBPUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.257. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.235 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!