My rationale I think the DXY is in the short term bearish, if you look at the chart it could be interrupted as such. Therefore i think the price will hit close to 1.04125-1.04225 and then rebound to the downside. Lastly, the USD is in an overall bullish trend and because of the inverse relationship to the dollar the EURO is likely to decline off the strength of the dollar.
To me, Bitcoin looks really good. The month closed above $80,000. Soon we will have the weekly close. There can be some bearish action as it happened recently but when prices recover, all ends up being just noise. Truly noise when you consider what was being said in the press. "The correction is just getting started." "Bitcoin will go down for months, until May-June." "The bull-market is over." Some people are talking about risk management and whatnot when Bitcoin hits 80K. It is bad advice they say to tell people to hold. What is the right choice in this type of scenario? The basics require a strategy before trading, a plan. The plan is simply defining which actions you would take based on different scenarios. If you bought Bitcoin at $50,000 and failed to sell when Bitcoin was trading at $100,000 for more than two months, it is very unwise to talk about risk management or selling when Bitcoin hits bottom. Sell when the crash is on? Makes no sense to me. If you didn't sell on the way up, you didn't have a strategy, then the best move is to hold. Normally, we would sell portions at each resistance level until all of our coins are gone. When the correction comes, we buy at support. If you didn't sell when prices were high up, near resistance, then the opportunity is missed. Nothing happens but the right choice is to wait. This time around, prepare a plan beforehand, when to sell and how much? That's the question you need to answer before the bullish cycle reaches its end. Since the action is already on-going, Bitcoin traded sideways for more than two months, when the crash is on, the best choice is to hold. FOMO or panic anything won't produce any positive results. Selling at the bottom is a waste of time, energy and money, because whatever you sell will soon start to grow. All the other pairs are in the same situation. To avoid being in this position, plan ahead of time. There will be a new bullish cycle, a new advance and a new bullish wave. There will also be a new peak and a new correction, so plan now to avoid falling victim to the same mistakes. It is alright to get it wrong. It is not right to make the same mistakes over and over. Sell when prices are high, buy when prices are low. We buy when prices are trading at the bottom or near support. The Altcoins already hit bottom and that's our buy zone. Right now is the time to accumulate. If Bitcoin looks hard, there thousands of Altcoins that look ready to grow and strong. Thanks a lot for your continued support. Namaste.
Bitcoin, on lower timeframes, is showing a bearish structure with a target price in the 82,000 - 83,000 zone. We should expect results within 10 to 15 hours; otherwise, it will be considered invalid. Follow me to stay updated on my movements and to generate profits!
https://www.tradingview.com/x/4el0cECN/ The BINANCE:SHIBUSDT chart is approaching a key support level at 1107, a zone where the price previously rebounded with strong bullish momentum. This level aligns with oversold conditions, making it a potential area for accumulation and a possible price rejection to the upside. Looking at historical behavior, SHIB has shown similar bounce patterns, suggesting that a recovery from this level could target the next resistance zones at 1673 and 2798. If buyers step in again, these price levels present a structured roadmap for potential upside movements. For confirmation, traders can wait for a break of a recent bearish swing high to indicate a trend shift, or monitor lower timeframes for market structure reversals once price reaches 1107, signaling a higher probability of a rebound. ???? Will SHIB repeat its previous bounce and push toward 1673 and 2798, or are we in for more downside? Share your thoughts below and let’s discuss the setup! __ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
Long position Asia session live. odds: low is in for asia. 15m bias: long. PA: price has just broken out of a range. considerable volume on the candle which closed not only above the breakout point, but the swing high, as well. targeting liq above. hoping for a short term retracement back into the range, perhaps around the 50% retracement level. would be looking for longs down in that zone. criteria: - liq must be swept, with a strong close back above key support points. - bullish market structure forms after liq swipe - refine entry on 1m, or enter at 5m poi with sl at low. watching order book for liquidity build up. so far, no trade has been spotted. perhaps all the accumulation has taken place and now its a straight zoom to the top, but imma wait for price to show its hands. no need to rush a trade. no setup, no trade.
Trade log for days I take shorts on SOXS Just a log to look back on . Transactions will be noted in the comments.
Render Token (RENDERUSDT) entered the bullish zone in late 2023 when it broke above $3.333. This is mapped on the chart as "long-term support." Good evening my friend... Incidentally, this same long-term support level matches MA200 on the weekly timeframe. This support zone launched the early 2024 bullish cycle and also worked as support in August 2024. In both instances, as soon as this level was activated the market experienced sustained growth. The same is happening again now, there can be some variations. Instead of straight up as it happened in the past, there can be some sideways, consolidation/accumulation, before the next rise. As long as RENDERUSDT trades above this level we can expect growth. This level can be pierced on a wick and the bullish bias and potential remains. If prices move below, a buy opportunity. Cryptocurrency is bullish regardless of the short-term. The time to buy is now. Thanks a lot for your continued support. Remember to do your own research and develop a plan before buying any Altcoin. A preconceived plan can help you eliminate stress and increase positive trading results. A plan can be as simple as knowing if you are ready to hold no matter what happens. If you are ready to hold long-term, your plan can consist in buying each time your favorite pair hits support. Buy and hold. Once the action turns bullish and the market turns green, you will be happy with the results. One day the market is down and red; the next day everything changes. Surprise!!! And we are going up. Namaste.
Tried a short on this today for a trade , was thinking general market was breaking down ( until we bottomed ;) This could maybe be a good trade since there's too many longs excluding commercial . Maybe I will revisit but I prefer to be focused on longs . Would be nice to see a double top lower high reversal form or something to hint stronger at a trend change .... Will track trades in comments .
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (ZECUSDT 1M chart) https://www.tradingview.com/x/l9Lt1u2f/ - (1D chart) https://www.tradingview.com/x/wmTdXy23/ Since the M-Signal indicators on the 1D, 1W, and 1M charts are converging, the key is whether it can rise to around 44.80-49.89 and maintain the price. If it fails to rise, the support around 27.89-33.18 is important. If the price continues to rise, the HA-High indicator on the 1M chart is formed at 115.72, so it is expected that a full-scale uptrend will begin only when it rises above this point. If the HA-High indicator on the 1M chart is newly created according to the price movement, it is important to see whether there is support near that point. Based on the current price position, 1st: 44.80-49.89 2nd: 70.62-48.91 I think that the 1st and 2nd areas above are likely to be resistance zones. However, if it receives support in this area, it is likely to show a sharp rise. - Accordingly, I think that the time to buy is when the M-Signal indicator on the 1D, 1W, and 1M charts rises above this point and shows support. - Thank you for reading to the end. I hope you have a successful transaction. -------------------------------------------------- - Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) https://www.tradingview.com/x/WBuhqVrT/ Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) https://www.tradingview.com/x/YtZx6YSG/ Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, I expect that we will not see prices below 44K-48K in the future. - https://www.tradingview.com/x/zTnWN2r7/ The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
https://www.tradingview.com/x/ePm8Novz/ The BINANCE:DOTUSDT chart is trading within a key accumulation and discount zone, making this a critical level for long-term positioning. Historically, this area has acted as a strong support, suggesting that it could be an optimal entry point before a potential upward move. The support zone around $4.37 has been tested multiple times, reinforcing its significance. If buyers step in at this level, the projected upside targets stand at $11.80 (+140%) and $23.06 (+350%), offering substantial profit potential. The EMA ribbon reflects the ongoing consolidation, confirming that the price is still within a structural range. Given this, entering near the lower boundary of the channel increases the likelihood of a successful trade, aligning with historical reactions at this level. ???? Will DOT continue accumulating at this key support before making a big move, or are we in for a deeper correction? Share your thoughts and let’s analyze the setup together! __ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.