#Bitcoin is currently showing signs of weakness as it moves in a well-defined downtrend. A #harmonic pattern is forming on the 4-hour timeframe, accompanied by bearish divergence, signaling potential downside. Key levels to watch: 1️⃣ Support Zone: $100014.95 (critical for the bears to break). 2️⃣ Resistance Zone: $107571.39 (bulls need to reclaim this to reverse momentum). Trade Idea: Bearish Scenario: A confirmed breakdown below the support zone could trigger a short trade opportunity. Risk Management: Use tight stop-loss levels and aim for a risk-reward ratio of 1:2 or higher. Bullish Scenario: If bulls defend the support, a bounce toward resistance could provide a countertrend trade opportunity. Stay vigilant and follow price action for confirmation. Let me know your thoughts in the comments! Do you think #BTC will break the support? #BTC, #Crypto, #TradingIdeas, #BearishTrend
This chart showcases an ongoing symmetrical triangle pattern on the 30-minute BTC/USDT timeframe, indicating potential volatility ahead. Here’s a breakdown of the key insights: Structure & Pattern: BTC price is consolidating within a symmetrical triangle. The pattern reflects a balance between bullish and bearish momentum, signaling a potential breakout soon. Key Levels: Resistance Zone: Around $105,000 (yellow marked area at the upper boundary of the triangle). Support Zone: Trendline around $101,500 (blue lower boundary). Potential Trade Setup: Entry Point: A retest and rejection from the lower support zone, followed by confirmation, presents an ideal entry around $102,000. Profit Targets: 50% Exit: $103,500 (initial short-term target upon breakout). 100% Exit: $105,000 (upper resistance zone or breakout confirmation). Risk Management: Set a stop-loss below $101,000 (below the current support level). Indicators: RSI indicates oversold conditions, showing potential for a reversal. Volume divergence at the current lows suggests weakening bearish momentum. ADX indicates a trend buildup, reinforcing the likelihood of a breakout.
BYBIT:BTCUSDT.P Shorting btc at the POi... The most recent BOS in tge 1hr time frame
frist let see gold futures daily chart and AC indicator on it https://www.tradingview.com/x/6xtlEIOz/ as you can see AC (accelator occilator) turned red before but gold break last high and AC switch signal to buy (2 time AC turn green =uptrend will come) gold now can little go down and buyer target is 2814 then 2945 i want you win , i will buy gold near green arrow but AFTER PINBAR apear in 1h,4h,daily chart
Looking here for a long position in GBPUSD. DXY seems to be selling off, GBP is weak but the pace of the recent drop has left a big FVG at 1.24-1.245. First target 1.237 Second 1.24 Final 1.245 2% risk.
Hey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.24000 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.24000 support and resistance area. Trade safe, Joe.
https://www.tradingview.com/x/zVD4NWnR/ OKX:ARTYUSDT is approaching a key support level at 0.60, a zone where the price has historically reacted. The market structure remains bullish, and we are watching for a move toward the 0.69 level or a potential breakout of the descending trendline. If the price successfully breaks these levels, the target is set at 1.50. However, if the 0.60 support fails to hold, the setup becomes invalid, and the next area of interest would be the 0.40 level, which presents a strong opportunity for long-term accumulation. ???? What are your thoughts on this setup? Let us know below! __________________________________________________________________ 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.
We're above in 'overbought' zone on all three key indexes and got the crossover to potentially see a minor pull back now. Any new positions should be small.
XMR/USDT NEW VOLUME It is able to show new uptrend volume in the coming time on day trade.
Strangle $34 Call 2/7 $33.5 Put 2/7 Debit: ~$500