FLOKIUSDT Strategy for a 60% Upside🔅FLOKIUSDT, akin to several coins we've previously analyzed, has demonstrated an bullish pattern by finding support within an area that previously served as a supply zone. Throughout the entire month of November, the 3000 demand zone, which coincides with a psychologically significant support area, has witnessed multiple instances of respect within the price action. This consistent behavior underscores the dominance of bullish sentiment prevailing in the crypto market market in general and FLOKI in particular.
🔅The repeated respect for this support zone strongly indicates the likelihood of continued bullish momentum, highly favoring an uptrend continuation. Should this scenario materialize, a potential price surge of over 60% is conceivable, targeting a double Fibonacci resistance level near 5300.
🔅We've meticulously shared the full trade setup, inclusive of stop-loss (SL) and take-profit (TP) levels, in our dedicated channel. This comprehensive analysis aims to provide traders with valuable insights into chart dynamics, trading psychology, and potential profitable opportunities within the FLOKIUSDT price action.
Trade-setup
BNBUSDT Bulls in Control🔅BNBUSDT's price movements have revealed a compelling shift in two supply levels transitioning into key demand zones. Initially observed at $220, the resistance-to-support transformation is evident, indicating a robust shift in market dynamics. The subsequent level at $238 echoes a similar narrative, reaffirming the trend of supply turning into demand. Over the past three days, this support level has garnered consistent respect, aligning harmoniously with the ascending trendline. This collective pattern underscores the prevailing dominance of buyers, significantly bolstering the probability of an ongoing uptrend scenario.
🔅The continuous adherence to the present support levels fortifies our anticipation of a potential 15% surge in Binance Coin. Our prognosis derives strength from the identification of a formidable double Fibonacci resistance positioned at $270, which serves as a significant barrier to price movement.
🔅As long as the current support levels maintain their integrity, the outlook remains bullish, setting the stage for a probable upward movement with a calculated target of $270, signaling a 15% upward trajectory for BNBUSDT.
LEVERUSDT Bullish Outlook with 40% Profit Potential🔅LEVERUSDT has established a critical support near $0.0013, exhibiting consistent respect for this zone since October 23. This specific price range now functions as a pivotal demand area, presenting a compelling risk/reward scenario for potential buyers.
🔅Our trade setup has already been shared in our channel, highlighting our intent to leverage this opportunity. Maintaining respect for this current support level significantly heightens the likelihood of a substantial uptrend.
🔅Anticipations are aligned towards LEVERUSDT surging towards the $0.0018 resistance mark, aligning with the 227.2% Fibonacci resistance level. Achieving this target could yield a substantial 40% profit, marking it as an attractive opportunity for traders. In essence, this analysis presents itself as one of the more promising buying prospects in the current market landscape.
A LONG Bullish Run; But How Much Longer...?There is nothing as exciting as finding market direction and having the market play out in your direction and according to your plan and prediction.
From last week, we saw prices retrace bearish in our 4-hour zone. On Friday, at about 1500 WAT, prices finally dipped into our zone and from there we knew it was time for the long bullish ride up.
Because we were looking at the 4-hour timeframe analysis, our target was and still is the 4-hour liquidity above. Over the course of this week, we have seen prices soar all the way up towards our target liquidity. Prices are not there yet. They are currently just a few pips shy of our target.
The question is, "Will the bullishness continue all the way up to hit our target?" I guess you know my answer already. Of course, they will. We are holding on to our trade perspective, our bullish direction, and our trade. We will stay bullish, and we expect the market to stay bullish too, until we hit our target. When that happens, then we can expect the market to begin to lose steam and, from there, look to reverse.
Are We Ready To Resume Selling the EURUSD...?From last week, we saw prices rally all the way up towards the daily zone. This rally was seen as a retracement because, according to our analysis, we had come to see this pair to be in a down trend.
With the price entering the zone,we expected an immediate reversal. The market showed some signs of reversal, after which we saw prices go all the way up to spike above our zone. Were we stopped out of the sell position? Of course, YES. But has the trend switched bullish with that move? Hell NO!
For the main reason that the daily candle did not close above our zone, we would define that push through the zone as just a spike, and when we say spike, we mean that our bearish perspective on the daily is still valid.
With that out of the way, we will now look at the 4-hour perspective. On the 4-hour chart, the price is in an uptrend. The uptrend is what brought prices all the way up into our daily reversal zone. And so we would expect the 4-hour bias to switch very soon to reflect the bearish reversal we are already seeing.
How about the 1-hour chart?
In the 1-hour, we have already begun to see some good bearish reversals. Yesterday, we got into a trade, that ran about a 1:3 Risk Reward Ratio before it u turned bullish. To be honest, that trade was take as a second resort. This is because we had refined our reversal zone to a much small area, and the market reversed yesterday without getting into the smaller refined zone. Are we suprised the 1st trade failed and the market began to rally again short term? Of course not. All along, our target had been for the market to come into the refined zone.
Right now, to our greatest excitement and earnest expectation, we have seen the price rally into our refined zone, and so we are hands-on ready to catch the trade on this pair.
Are we gonna jump in right away? By no means NO. The price coming into the zone is just one of several steps we follow to catch our trade using the panzy pips trading methodology.
So guys, there you are with the EURUSD. We are finally in our zone, and we expect to see a good deal of reversal from this point. And when that reversal comes, we will be going bearish all the way towards our daily target way below.
Some of the Reasons Why We Are Selling This PairThis pair has witnessed a large amount of back-and-forth swings in the last couple of days. We witnessed price fluctuations that resulted in a direction switch over and over again. Right now, we are going to ignore all other timeframes and look at this market analysis from a 4-hour perspective.
On the 4-hour chart, we can see that the market is on a down PB from weeks ago. As of last week, we had marked out our zone in the PB from which we looked to see a reversal. Yesterday saw prices rally all the way up into our zone, and from there, as expected, the market began to show signs of bearish reversals.
In a bid to catch that bearishness, we were able to jump on that trade using the panzy pips trade system.
The trade is expected to dip all the way down to the 4-hour liquidity target below.
Now it is also important to look at the charts from multiple timeframes at the same time, so forget my earlier statement that we would only pay attention to the 4-hour chart. You all should know by now that that was a joke. So let's look at the 1-hour perspective.
On the 1-hour chart, the market is bullish, with 2 PBs to the top. The 4-hour bearish impulse has experienced a good amount of support around the 1-hour PB zone (the zone is not marked out on the chart, to keep the charts clean).
There is obviously a good deal of support around that level, and we believe it is because of the 1-hour zone. We would be expecting prices to breach that level and continue to dip all the way to our 4-hour liquidity level.
But where that fails and the zone holds, prices would be expected to rally all the way to the top to liquidate the 1-hour target, which is the 4-hour zone, while at the same time threatening the daily timeframe zone.
Tesla entered the Golden ZoneTesla is ready for another leg up: - NASDAQ:TSLA
Technical Reasons:
Tesla has entered the golden zone - between the 0.5 and 0.18 Fib retracement
Money Flow Divergence on the daily
Commodity channel index divergence on the weekly
Stochastic Momentum switch on the daily
Already +- 5% off the lows which shows buyer are stepping in
RSI is exiting oversold territory
Fundamental Reasons:
Tesla had a +- 35% correction after missing expectations - This has now been priced in
Tesla Cyber Truck rollout commencing this quarter
Growing EV penetration vs Ice vehicles
Growing demand and margins in the energy storage side of the business
Continued expansion of production capacity (Mexico factory has the go-ahead
Continued investment and breakthroughs in real-world AI
Overall robust financial performance and cashflows
Obviously the potential for infinite returns due to Tesla's Optimum humanoid robot**
Trade setup
Pending a confirmed breakout
Entry between $204 to $209
Take Profit 1 - $230 - which will start filling the gap
Take Profit 2 - $242 - which will complete the gap fill
Take Profit 3 - $267 - previous swing high
Once TP1 hits - move stop-loss to break even for a risk free trade
Good Luck
Are The Bulls Ready to Come In, Or Is This Another Fake Out?On this pair, we see that the market is on bullish swings on both the 1 hour and 4 hour charts. Price is currently testing the large 4-hour zone and looks like it is beginning to slow down on the bearish dive. Below the current zone is a refined 1-hour zone.
From my experience in the market over the years, I have come to the conclusion that there is a strong likelihood that the market will dip to the refined 1-hour zone and look to reverse from there. That would mean the current top zone reversal would be breached.
If that is the case, then we would be looking to buy in the refined 1-hour zone.
On the other hand, in the event that the market reverses at its current top zone, we will create a trade plan around that move and look to trade in the direction of the market.
When jumping on this trade, our target would be the 4-hour liquidity target above.
USTECH100 Bearish Momentum Underway🔅Intriguing developments on the USTECH100 chart are worth a closer look. Firstly, two key Fibonacci resistance levels, at 341.4% and 78.6%, have acted as strong barriers, indicating robust bearish momentum.
🔅Further dissecting the trend, we've noticed a clear pattern of forming lower lows and lower highs, emphasizing the downtrend's persistence. USTECH100 is currently at a critical juncture, testing the confines of a long-standing descending channel.
🔅This juncture could potentially provide a highly attractive entry point for short positions. For the complete setup details, we've shared a comprehensive analysis in our channel. Keep a watchful eye on our updates as the situation unfolds.
Trading the Aussie Bearish; A Promise fulfilled...Hey guys!
We promised to give our trade setup as a new trade idea. Here it is guys!
Drawing from our earlier last-week analysis, we saw this market push bearish on the 1-hour chart. Our analysis had shown signs of a bulish retracement, and we had marked out the expected retracement zone. In the cause of the retracement, our zone was breached, and so we looked on to see a reversal from the next possible zone.
With the turn of the new week, we have seen the market u-turn at our next zone on the 1 hour chart, and from there it has begun to melt bearish.
It is our expectation that the bearish trend setting in will give us the needed extension to see prices dip all the way to the 1-hour chart liquidity target.
We see a minor swing, and that would be the target for our trade. We have marked out our zone from the bearish minor PB taken off the 1-hour chart. Prices are expected to pullback into that zone, following which we would be looking forward to seeing a bearish reversal indicating the end of the bullish pullback.
The moment we have our price in the zone, we will pull out our trade checklist (Panzy Pips Trade Entry Checklist) and follow through with taking our trade.
Stay with me, guys. This is gonna be a hell of a ride down the slope.
A Market Torn in Two Parts ... Are We Bullish or Bearish...?This pair has witnessed a great deal of back forth in the preceding days and weeks. In todays anaylsis, we see how the market on the 1 hour has once again flipped from a bullish perspective (PB) right into a bearish perspecrive with a new PB to the downside.
We will look to hold this bearishness with the ultimate goal of targeting our Daily liquidity target all the way down below.
The Bearish Run Resumesin our last analysis, we saw this pair breach our zone and go higher for a deeper retracement. According to our analysis, we refused to see the 1 hour zone as a reversal in itself but rather as forming a deeper retracement on the 4 hour timeframe.
From our current analysis, it is clear that that was the intendment of the market. We have seen prices go all the way to our refined zone at the top and from there made a sharp reversal to continue the beraish run.
We are in on this position,even though we did not catch it from the top as displayed on the chart. The trade depiction on the chart is just to show the entire trade from the zone to liquidity target.
The bearishness has resumed, the bears are back, ready to drive the market to new lows, and we are right here, ready to hop on the slide down, all the way into the money
Bullish Again on the USDCADOn this pair, we see bullishness across multiple timeframes. Market is bullish on the Monthly chart, all the way down to the 1-hour chart.
On the 1-hour chart, we see the market has just made a new high with 6 PBs up.
We are expecting the price to retrace bearish into the PB, come into our refined zone, and from there we will watch out for bullish reversals to take our trade long. Our targer for this trade will be the 1-hour liquidity target above.
First Bearish, Then Bullish... and then We TRADEThe USDJPY has maintained its bullish momentum from the past few weeks. Last week, we witnessed this pair come with a deep to take out zone, create an impression of a bearish reversal, and then continue or resume its bullish trend. These are fakeouts, and they are very common occurrences in the market price movements.
On the daily, 4-hour, and 1-hour timeframes, the market is bullish. With the market making a new high, prices are expected to begin to retrace bearish. With the retracement in place, we will look to the new high that just formed as our liquidity and look to trade market prices up all the way to that point. But first, we would want to see price retrace bearish and come into our refined zone, after which we would decide on how to enter the bullish trade.
Stay close, guys. This is going to be an interesting one.
A LONG Spike AGAIN. Quo Vadis?This pair has again witnessed another long spike. A second spike in about 3 weeks. With this spike, a lot of traders are likely to get confused about the next direction in which the market is expected to go.
So let's give it a try.
Before the spike, we witnessed how prices rallied in a systematic manner. This rally was strong enough to turn the 4 hour the 1 hour and even the daily charts from their hitherto bearish trends and set them all on bullish swings. With the bulls taking the day on these 3 timeframes, we can say with a certain amount of certainty that the market is bullish and we will be expecting to see higher prices.
The market is currently dipping. We will consider that dip a retracement, which is helping move prices into our PB. Price is already in our PB, and now we are waiting for price to come into our zone, from where we will be looking to trade. Our target will be the 1 hour and 4 hour liquidity target, which is actually a confluence.
The Bullish RUN ContinuesWith the previous Bullish swing completed, it is time to look on to the next.
The market has given us a new PB, an area to trade from. From the PB, we have made an attempt to refine it to get our zone within 1 hour.
With our zone clearly marked out as seen on the chart, we anticipate price dipping into the zone, and from there we will be looking to trade.
The trend is bullish in the 1-hour timeframe, and our TP target is the 1-hour liquidity target.
YFIUSDT 5th Wave Down and 40% Drop🔹YFIUSDT's Potential
YFIUSDT continues to operate under the shadow of a persistent long-term downtrend, which undeniably leans towards a bearish narrative. The latest price action on YFI, echoing the broader market sentiment, paints a rather ominous picture. A key player in this tale is the 78.6% Fibonacci resistance level situated at $6100.
🔹Fibonacci Resistance: A Formidable Barrier
This Fibonacci level hasn't been merely touched but decidedly respected. What further strengthens the bearish case is the precise bounce off this level. It's like the market's way of reinforcing the boundary, emphasizing that YFI remains captive under its influence.
🔹Downtrend Resilience
Zooming in, we observe another compelling facet – the unyielding rejection. It's most evident at the point where the price last reached a peak. Here, the Fibonacci level intersects with the long-standing downtrend trendline, creating a formidable ceiling. As long as YFIUSDT remains imprisoned beneath this double-resistance structure, the bearish momentum is poised to persist.
🔹The Impending Drop: An Elliot Wave Perspective
In the world of technical analysis, Elliot Wave Theory serves as a captivating tool. The current analysis strongly resonates with the theory's harmonious rhythm, suggesting an imminent fifth wave down. This could lead YFIUSDT to plummet by approximately 40%.
🔹Stay Informed
As always we should share a bearish trade setup in our chancel.
The NZDUSD Continues to Dip FurtherFrom our previous analysis of this pair, we witnessed prices dip with a Bearish swing in place.
With the completion of the last Bearish swing on the 1-hour chart, we are ready for the next. We can see the price begin to retrace towards our PB. When price comes into our PB, we will use our method to refine to a valid zone from which we will expect to see reversals. And when we get the reversals, we will look to enter the trade using one of the entry methods learned.
The good news is, "This market has strong BEARISH potential."
4 Hour Liquidity Target Hit after 3 Days of WaitingIn the preceding days, we conducted an analysis of this pair. Among the things we found on the first day of this week was that this pair was Bearish. Our analysis revealed that the market was heading Bearish to hit the 1 hour and 4 hour liquidity targets. Two days ago, on Tuesday, we saw the market go on to hit the 1-hour Bearish liquidity target. Even though the 4-hour target was a few pips away, the market did not hit it. It rather saw a Bullish pullback that came with so much momentum to upturn the Bears and turn the market Bullish on the 1 Hour.
As always, there was a temptation to take the Bullish turn, but we took it only monentarily, remembering that that Bullish impulse on the 1 hour was just a pullback/retracement on the 4 hour timeframe. And so even while we were looking to buy, we had our fingers crossed that the maket would again turn Bearish in the direction of the 4 hour.
Yesterday, we witnessed the market turn bearish on the 1-hour TF. I took out our PB and completely invalidated our Bullish setup, but this was after we had caught 1 successful swing on the 1 hour TF.
Switching Bearish on the 1 hour, we re-analyzed the charts to see a clear direction. With the 1 hour and the 4 hour timeframes looking bearish as of yesterday, we were sure the price was ready to take out our 4 hour liquidity.
Looking at the chart this morning, I can see that the market has dipped far enough to take out our 4-hour liquidity, following which it has commenced a Bullish pullback.
On the 1 hour and the 4 hour, we are Bearish. Our trade setups disclose 1 hour and 4 hour TFs having Bearish PBs. We will look to trade these, marking out our zones for reversal, and enter our trades using one of the several entry methods taught at the PanzyPips Academy.
We are Bearish all the WayHey Guys!
So today i decided to test a publishing a video idea. lol
It feels great.
The video is a quick interpretation of what we have already stated on the EURUSD analysis.
PS: Apologies for the sound quality. It was just a test and I created it in a pretty noisy environment.
Feel free to drop your comments and boosts.And if you have a different persepctive on this pair, do well to share and we will be glad to learn together.
Can the Bulls Hold this Up Move...?We are currently seeing some bullishness on this pair with regards to the 1-hour timeframe.
We have marked out our zone, as we would expect the market to retrace before moving further to create higher highs.
We have the market on the 1 hour timeframe currently making a Bullish PB, and we have done a bit of trade setup, looking and waiting to catch the longs trade when it comes with a retracement into our zone.
But there is one thing, and it seems to beg the question. Though our analysis are in order, there is a concern about looking to take the bullish run. The question is this: "Can the Bulls Hold this up move?"
As much as I would like to hold on to the already established 1-hour bullish analysis, I am afraid I might have to think otherwise. Here is our reasoning: The market has made a bullish push, an upmove, and an impulse on the 1 hour, but this entire bullish swing on the 1 hour timeframe forms what we can call a retracement on the 4 hour timeframe. With the market already touching the 4-hour zone marked out, we can see two reasons why the market will turn bearish: the first reason is the 1-hour retracement, and the second reason is the 4-hour extension building up. Because we know that the lower timeframes move in the direction of the higher timeframes, we are expecting the 1 hour to give way to the 4 hour.
And so we would hope to see prices melt as a retracement on the 1 hour towards the 1 hour zone. But in truth, that zone has only a 20% chance of holding. I its expected to be tested to put up some support , perhaps about 2 to 3 tries max before it gives way for the bears to take control of the market.
If that zone holds, we might see the bulls push the market higher for a bit. This up move will either be cut short by the current 4-hour zone to go bearish, or it might clear the 4-hour zone to make a higher zone before it reverses.
On the whole, we look at the market in the lower timeframes without forgetting the direction of the trend in the daily timeframe, which is still bearish.
A little Bit of Bullishness in a Bearish MarketWe have seen this pair progress Bearish over the past few days. On the 4 hour and the 1 hour charts, which would be our primary focus for this analysis, the market has been Bearish.
But today we have seen a trend shift on the 1 hour. the 1 hour chart has turned Bullish today.
Taking a close look at the 4 hour (using the multi time frame analysis taught by Panzy Pips fx), we see that the 4 hour has completed 1 down PB and is not retracing Bullish. That is the bulishness we are witnessing on the 1 hour. We are expecting this bullishness to hold monentarily to help give us the needed retracement on the 4 hour bearish swing.
In another analysis, we will look at the 4 hour from the retracement perspective, marking out our PB and refining it to our reversal zone.
And in yet another analysis, we will look at the market from the current bullish perspective as played out on the 1 hour. The essence of the 1 hour bullish analysis is to see how far we would expect the retracement to go, comparing it with our refined reversal zone of the 4 hour.
With these pieces of information, we should be able to have a clear direction of market movement, with an added advantage of narrowing it down to actual reversal zones.
It's Never too Late to Catch the RollerCoasterFrom our analysis of this pair from yesterday, we had a prediction of this pair melting all the way down to hit the Daily Liquidation Target.
For those of you who were able to catch the trade from when i sent out the setup, thumbs up to you as you sure have made a good 1:25 RRR on the trade so far, if you trade with tight spreads like i do.
But for those who didn't, what can i say? Should i say sorry you missed the train. Better luck next time? That is definitely one way around it. But more there is sure is another way around it this time. More often than not, the market afords us an opportunity to enter on or join an already moving trend. This is done when the market gives pullbacks/retracements.
All you have to do is time your entry. It just like surfing the waves on the ocean; you miss one, you get ready for the next.