BITCOIN BEARISH FLAG BREAKOUT Bitcoin on H1 timeframe shows a strong potential signal sell due to formation of bearish flag breakout,This potentially attracts more sellers in the next trading days
Entry:94000.3
Target 1: 90784.1
Target 2: 86564.6
Target 3: 79813.2
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Trend Analysis
Ethereum (ETH): Possible Move To Bounce Zone (Bullish Overtake)Ethereum is heading back towards our bounce zone, where we expect to see a rejection to happen.
Now this is not clear for 100% if we will go to lower zones here but our next point of interest is that zone at $3,550.
Once we reach this zone, we will play according to the market price development, which means if we buyers take over that zone, we will look for upward movement, but if sellers take back the control, we will still look for further moves to lower zones here!
Swallow Team
BTC/USD Trade UpdateWe initiated a buy signal at $93,100 and the current price is $95,500, resulting in a profit of +$2,400 (+2.58%). Our target price is $99,000, with a remaining profit potential of +$3,500 (+3.67%). Although the RSI has generated a sell signal, we are monitoring the situation closely for a potential reversal.
Best wishes Tom 😎
ETH/USD next move This is 2-hour Ethereum (ETH/USD) chart outlines a bearish trade setup:
Resistance/SL Area ($3,444.90) : If the price moves above this level, the bearish idea is invalidated, and stop-loss is triggered.
Support/Target Area ($3,156.62) : The price is expected to drop toward this support zone, marking the profit target.
The price is consolidating, and the chart anticipates a downward breakout. The trade assumes risk up to $3,444.90 , with potential gains as the price moves toward $3,156.62.
XAU/USD (Gold) h1Gold Showing potential short-selling opportunity based on a blend of technical and fundamental insights.
Technically, the price is trading within a defined range, with two significant resistance areas identified at 2,636 and 2,652 levels. The entry point is strategically placed below the minor resistance in anticipation of continued downward pressure towards the support area 2,584. Stop-loss (SL) is set just above Resistance Area 1 to minimize risk exposure if the market trends unexpectedly.ally, factors such as dollar strength or changes in interest rates could exert additional bearish influence on gold prices. Two targets are outlined: Target 1 aligns with previous price action support around 2,600 while Target 2 anticipates testing historical low zones near major support. Traders should monitor economic indicators closely that may impact gold’s safe-haven demand for effective position management,
Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies.
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[Vienmelodic] CADCHF - 2 Jan 2025 SetupCADCHF Market structure are now in Bullish structure. Spotted demand area (Green Rectangle) and this area are breaking a new high so it the evidence of strong trend continuation.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
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Vienmelodic
EURUSD Buy IdeaWhy am I bullish on FX:EURUSD as we approach NFP release? Well, lets analyse the weekly candle expansion. As depicted, price swept the previous week's high during the accumulation phase and shifted the market structure bearish, creating a change of character. During Manipulation, we saw price react from the 50% of the accumulation range making the bearish bias valid. Distribution delivered to the downside as expected and now we almost tapping a significant POI (weekly imbalance). We are anticipating a reversal because bears are now exhausted, so a long projection. Buy!
AI DOGE analysis : trend with Key Levels
#### 🔵 1. Overall Market Trend Using ADX Indicator
- **ADX (Average Directional Index):** The current ADX value of 28.19 indicates a relatively strong trend, leaning toward the medium strength threshold. With +DI (34.58) significantly higher than -DI (13.85), the market is currently in a bullish state.
✅ **Impact on Decision-Making:**
This structure indicates increasing trend strength, and short-term price action is likely to continue upward. Traders looking to enter the market can consider using support zones for entries.
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#### 📉 2. Overbought and Oversold Conditions: RSI and Stochastic
✔️ **RSI (Relative Strength Index):** At 64.26, it suggests room for further upside but not yet in the overbought zone. The RSI has decreased from 67.05 yesterday, hinting at a slight weakening in buyer strength.
✔️ **Stochastic Oscillator:** With %K at 80.58 and %D at 86.74, both indicators are in the overbought zone.
✅ **Consequences:**
Overbought conditions on Stochastic warn of potential short-term price corrections or range-bound movements. Monitoring for trend reversal signals, such as support breakouts, is essential.
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#### 📈 3. Moving Averages Analysis (EMA and SMA)
📌 **Short- and Mid-Term Moving Averages (10-, 20-, and 50-day):**
- EMA10 > SMA10: Bullish signal.
- EMA20 > SMA20: Bullish signal.
- EMA50 > SMA50: Bullish signal.
📌 **Long-Term Averages (200-day):**
- EMA200 (0.3362) > SMA200 (0.3305): The long-term market trend is also bullish.
✅ **Conclusion:**
Short-term averages above long-term ones provide a strong signal for continued upward price movement. The current trend is favorable for long trades.
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#### 🔍 4. Key Indicator Analysis: MACD, CCI, and Momentum
✔️ **MACD (Moving Average Convergence Divergence):** MACD at 0.0054 is above the signal line at 0.0039, indicating a buy signal.
✔️ **CCI (Commodity Channel Index):** The current value of 93.29 is near the 100 level, suggesting a neutral-to-positive market stance.
✔️ **Momentum Indicator:** At 0.011, momentum shows a slight decline in upward velocity.
✅ **Analysis:**
While MACD issues a clear buy signal, declining momentum indicates potential slowing in the uptrend. Traders should seek additional confirmations from other trend indicators.
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#### 🛑 5. Key Support and Resistance Levels
✔️ **Support Levels:**
- Key Support 1: 0.3197 (Pivot Classic Midpoint).
- Key Support 2: 0.3107 (Camarilla).
✔️ **Resistance Levels:**
- Key Resistance 1: 0.3367 (Pivot Classic R1).
- Key Resistance 2: 0.3479 (Demark).
✅ **Practical Application:**
Traders may consider entering long positions near identified support levels and setting resistance levels as profit targets. Stop-loss orders should be slightly below 0.3197 for optimal risk management.
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#### ✅ 6. Summary and Actionable Recommendations
✔️ **Current Market Status:**
The market is in a positive state, supported by bullish moving averages and MACD buy signals. However, overbought conditions in the Stochastic oscillator and minor momentum declines suggest possible short-term corrections or consolidation.
✔️ **Actionable Insights:**
- Long trades near support levels are logical.
- Suggested entry level: 0.3197 (Pivot support).
- First profit target: 0.3367.
- Stop-loss: Below 0.3107.
⚠️ **Note:** This analysis is fully automated by AI and should be supplemented with personal insights and proper risk management before trading.
Short Position - NASDAQShort Position Entry: Consider initiating a short position if the Nasdaq-100 Index falls below 21,000.
Stop Loss (SL): Set a stop loss at 21,555 to manage potential losses.'
Market Sentiment: The combination of the Federal Reserve's cautious approach and rising inflation may contribute to a weakening market sentiment, potentially leading to a downward movement in the index.
his recommendation is for educational purposes only. Always consult your financial advisor before making any investment decisions. Stock trading involves risks, including the potential loss of capital. Ensure to evaluate your risk tolerance and conduct thorough research.