#BTC #CRYPTO #TRADING #CHART #SETUP Follow ? @AdonyePepple
the total Market cab is broke the 3 trillion dollar level and retesting back to it and we might see good green candles next couple weeks
? SHORT BYBIT:SPELLUSDT.P from $0.0009866 ? Stop Loss: $0.0010430 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:SPELLUSDT.P remains in a downtrend, forming lower highs and lower lows. The price failed to hold above $0.0010000, signaling weak buying momentum. ➡️ POC at $0.0010250 suggests that major volume accumulation is above the current price, reinforcing the bearish outlook. ➡️ If the price stays below $0.0009866, a continuation towards $0.0009485 and $0.0008901 is expected. ➡️ Volume remains moderate, indicating declining demand and a likely continuation of the downtrend. ⚡ Plan: ? Bearish Scenario: ➡️ Enter SHORT from $0.0009866 if price confirms rejection at resistance. ➡️ Risk management with Stop-Loss at $0.0010430, above key resistance. ? TP Targets: ? TP1: $0.0009485 — first profit-taking level. ? TP2: $0.0008901 — major support zone. ? BYBIT:SPELLUSDT.P Expecting a continuation of the downtrend! ? BYBIT:SPELLUSDT.P remains under selling pressure. If the price holds below $0.0009866, further downside movement towards $0.0009485 and then $0.0008901 is expected. ? However, if the price reclaims $0.0010430, the bearish scenario could be invalidated, leading to a potential upward correction.
The Australian Dollar to US Dollar (AUD/USD) exchange rate is currently facing downward pressure, with a bearish outlook prevailing as long as the 0.6329 resistance holds ! The pair has been declining since reaching a high of 0.6941 in 2024, with a medium-term target of 0.5806, representing a 61.8% projection of the decline from 0.8006! Recent market analysis suggests that the AUD/USD pair may retest the 0.6087 low, with a break below this level potentially leading to further declines ! On the other hand, a firm break above the 0.6329 resistance could trigger a stronger rebound. The Reserve Bank of Australia's (RBA) interest rate decisions and the US Federal Reserve's monetary policy will likely influence the AUD/USD direction in the coming weeks. we might see inverse head and shoulder on the support level.
Gold has ONCE AGAIN created another new ATH. We seem to be creating a new all-time after all-time high. Option 1: Gold pushes higher towards $2,912 - $2,916 before coming back down. Option 2: Gold correct towards $2,827 before it pushes back up towards $2,916.
LUMIA is still in a downtrend, however, at the current level we are seeing an uptick in volume. Could this volume represent accumulation or further distribution? The structure that forms here can give us an idea of what happens next. The Daily is extremely oversold and is usually the best time to expect a pivot point structure.
A 490 days rise was corrected in 147 days (5 months). The low happened in August 2024 at a price of $2084 with a weekly close above MA200. The 490 days rise peaked at $4092 11-March 2024. After the correction, a new rise developed within months that peaked at $4,108 in December 2024. This latter rise was also corrected, a correction that lasted 49 days. The low happened this week at a price of $2100. The week is about to close above MA200. Seeing how MA200 has been working long-term as support; a double-bottom or shy higher low, and how this time the correction was a flush-crash rather than a bearish impulse, we can expect a new wave of growth. Seeing the chart, marketwide action and the bull-market year being upon us, I am now LONG ETHUSDT 10X, and I expect maximum growth for many months. Simple and to the point. Do you agree? If you do, boost and follow. Leave a comment so others can join and also profit from the upcoming bull-run. From a wider perspective, the market has been consolidating since March 2024 and its about to blow up. We have a perfect sideways channel on ETHUSDT. March 2025, one year later, Cryptocurrency will be full green. 1,000,000% UP! That's the confidence level. Thanks a lot for your support. Namaste.
A cup-handle formation has formed on the eurusd chart. A short position with a stop above the 1.035 level will be a profitable position.
Warning: This strategy is presented as a trading idea and should not be considered guaranteed trading guidance. Traders are responsible for their own decisions and should carefully evaluate risks before executing any trades. Given that VIX is generally between 13 and 20, I designed this option strategy. Combination VIX Vertical Spreads Strategy Overview: Days to Expiry (DTE): 37 Option Positions: Buy VIX 13 Call Sell VIX 15 Put Sell VIX 20 Call × 2 Visualized Setup Strategy Summary: This strategy results in a combination resembling a modified short straddle centered at VIX 20. However, in structure, it is better understood as a short strangle (neutral) combined with a bull call spread (bullish). The bullish component of the spread suggests that the trader expects the VIX to rise above 13 but remain below 20. The inclusion of a short strangle component helps offset the premium of the debit call spread. This structured approach allows for a calculated risk-reward balance, aligning with the trader’s outlook on implied volatility while leveraging option spreads to optimize capital efficiency. Risk and Reward Assessment: The strategy is heavily weighted towards a long VIX bias, meaning the trader anticipates an increase in VIX, though at a measured pace within a month. There is a slight increase in risk to the short side of VIX due to the exposure created by the short options. The expected profit range suggests that VIX volatility will stay within a defined range of 14 to 24. While the trader acknowledges the possibility of VIX exceeding 20, it is not expected to surpass 24. The probability of profit at expiry is estimated at 65% if entered today. Despite the additional short-side risk, the overall risk remains comparable to a standard short strangle. Historical VIX data indicates that the index fluctuates between 12 and 40 on a monthly basis, with a 52-week high of 65.7 and a 52-week low of 10.6. This reinforces the strategy’s inherent higher risk to the long VIX side. Key Considerations for Execution: Event Risk: Confirm that no major events (e.g., geopolitical instability, Federal Reserve announcements) are expected that could push VIX above 30. Entry Timing: Optimal entry is when VIX is at a relatively low level, such as observed last Friday morning. Exit Strategy: The position should be closed in approximately two to three weeks or when profit exceeds 100%. Notes and Alternative Strategy: One challenge of this strategy is the uncertainty in determining a precise stop-loss strategy. However, given the nature of a strangle, there is no immediate need to exit within the first 20 days, making it a relatively "lazy" management strategy. The trader has ample time to adjust after the initial 20-day period. Management should be approached by treating the bull call spread and short strangle separately. Given the natural variance of VIX, this approach should not be overly difficult to execute. A suggested alternative strategy might provide more controlled risk exposure. For example, I would start the trade with a butterfly at 20 if I see the potential rise of VIX. Then, I would reassess it after 30 days (assuming DTE=37; a shorter DTE may also be considered). Alternatively, I could simply wait until expiration day to make a final decision. This strategy has a limited loss while maintaining a similar profit potential. The suggested strategy manages the cost-efficiency aspect while also limiting potential losses. The decision-making process can then be based on market direction after the expected conditions begin to form. In comparison to the original strategy in terms of profit and exit timing, the proposed strategy may offer a faster exit, whereas a butterfly setup may require waiting until expiration. However, traders may find early exits possible for condors or strangles. Here is a visualization of the alternative setup: Alternative Strategy Visualization
Litecoin - Still has some tail wind from potential SEC ETF approvals incoming. - Hourly price action compressing into HTF resistance - Untested weekly open/close levels above calling...