This analysis focuses on ARBUSDT on the 1-Day Timeframe, highlighting potential buy opportunities and key levels to watch.
š¹ Market Overview
Currently, the market is in an uptrend, but it is undergoing a correction wave. This presents an opportunity to prepare for a potential entry during the retracement phase.
š¹ Key Buy Zone
The identified Buy Zone lies between 0.618 - 0.47, which is an ideal area to look for buying opportunities. Traders can wait for confirmations in this zone before entering positions.
š¹ Why This Zone is Significant
This Buy Zone aligns with several technical factors that strengthen its reliability:
1. Fibonacci Discount & Golden Pocket: A high-probability reversal area.
2. Strong Volume (NPOC Level): Indicates buyer interest at this price level.
3. Daily & Weekly Support: Provides a solid foundation for price action.
4. Daily Quasimodo (QM): Adds further confluence for potential reversals.
š¹ Additional Confirmations
On lower timeframes, look for:
Break of Structure (BOS): A sign of a bullish shift in momentum.
Regular Divergence: Confirms potential strength in the reversal.
Combine these signals with your analysis to strengthen your confidence in taking a position.
š¹ Targets and Risk Management
Target Level: 1.244 ā This is the expected upside potential.
Invalidation Level: 0.399 ā If the price falls below this level, the trade setup is invalidated.
š¹ Important Reminder
If you decide to enter this trade, risk management is essential. Always define your stop-loss and position size to limit potential losses.
Plan your trades carefully and let the market confirm your analysis before entering!
If the zone breaks and a low-timeframe structure breakout occurs, there is an opportunity to take a sell trade until the price reaches a higher timeframe discount zone.
In this case, my next buy zone will be between 0.7029 - 0.5894, which I am closely monitoring for potential entries.
Plan B
If the market rejects from the current holding zone and provides a low-timeframe structure breakout, a buy opportunity may arise from this level.
Trading Approach
You can watch both scenarios closely and combine them with your own confirmations to identify the best trading opportunity. Stay patient and wait for clear setups to enter your trade.
Currently, in the daily time frame, the market has broken a significant structure and is preparing for a bullish movement from a Daily QM (Quasimodo) level. This indicates that the price is showing potential for an upward movement based on technical analysis.
2. Ideal Buy Zone:
If you're planning to take a buy opportunity, the best area I see is around 34.004, which aligns with the 4-hour demand zone. This area represents a strong support level where buyers are likely to step in.
3. Retracement Expectation:
I expect the market to make a notable retracement toward this demand zone before continuing its upward momentum. Waiting for this pullback increases the chances of entering the trade at a favorable price.
4. Your Approach:
You can monitor the market and use your own confirmations to enter the trade. When the price reaches the mentioned Buy Area, it may provide a strong buy opportunity.
This chart explains the relationship between Bitcoin dominance (BTC.D), Bitcoin's price (BTC), and alternative cryptocurrencies (ALTs) during different phases of the Bitcoin dominance cycle.
Breakdown:
1. BTC.D (Bitcoin Dominance):
Represents Bitcoin's market share in the entire cryptocurrency market.
2. BTC (Bitcoin):
The price movement of Bitcoin.
3. ALTs (Alternative Cryptocurrencies):
Price movements of altcoins (non-Bitcoin cryptocurrencies).
Scenarios:
1. BTC.D Increases + BTC Increases:
Bitcoin gains dominance as its price rises.
Altcoins decrease in value as funds flow into Bitcoin.
2. BTC.D Increases + BTC Decreases:
Bitcoin's dominance grows while its price drops.
Altcoins experience a faster decrease ("dump") as funds leave the crypto market.
3. BTC.D Increases + BTC Stable:
Bitcoin's dominance increases while its price remains stable.
Altcoins enter an accumulation phase where prices stabilize.
4. BTC.D Decreases + BTC Increases:
Bitcoin's dominance declines while its price rises.
Altcoins experience a fast increase ("alt season") as interest shifts to them.
5. BTC.D Decreases + BTC Decreases:
Bitcoin's dominance decreases as its price falls.
Altcoins stabilize in value.
6. BTC.D Decreases + BTC Stable:
Bitcoin's dominance reduces while its price remains stable.
I have identified a key buy zone between 0.57060 - 0.55407, which presents a strong opportunity for potential entries. $
Expected Market Behavior
I anticipate that the market will:
Retrace back to the identified buy zone.
React with a rejection from this zone, resuming bullish momentum.
Trading Opportunity
You can also monitor this buy zone and, with your own confirmations, attempt a buy opportunity from the levels Iāve highlighted. Ensure you combine this with your personal trading strategy for better precision.
š¢ Currently, the market has broken a strong trend line on higher timeframes and has shown a significant retracement.
š¢ With the formation of a divergence, the market has exhibited a strong buy movement, indicating bullish momentum.
š¢ Moving forward, after breaking the structure, the market could retrace back to the 1.3649 area, offering a potential buy zone if proper confirmations are identified.
Key Opportunity:
If confirmations align, this retracement presents a great buy opportunity to capitalize on the bullish momentum.
The following analysis focuses on WLD/USDT on the 4-hour timeframe, providing insight into the current market structure and potential opportunities for traders.
4H Time Frame ā°
The market has reacted strongly to a buy area, indicating bullish momentum. Let's dive into the key confirmations that support this analysis.
CONFIRMATIONS
1. Fibonacci Discount Zone: The price is currently positioned in a Fibonacci retracement zone, which is considered a strong area for potential reversals and entries for long positions.
2. MSNR Support Area: A critical support zone has been identified, where buyers have historically shown strength, providing additional confluence for this bullish setup.
3. O.T.L Trend Line: The market is respecting a key upward trendline, which acts as dynamic support, maintaining the bullish structure.
CURRENT MARKET SITUATION
At present, the market has reacted to a favorable buy zone, initiating a strong buy momentum. This upward movement aligns with the identified support levels and trendline dynamics.
š« TRADING OPPORTUNITY
If you're looking for a trade entry:
*Monitor 4H/1H timeframes for any retracement back into the buy zone.*
Use this retracement as an opportunity to enter long positions, aligning with the trend and support confirmations.
ā ļø IMPORTANT NOTICE
Always confirm signals with your strategy before entering a trade.
Follow your risk management rules strictly to protect against potential market reversals.
PLEASE CHECK YOUR CONFIRMATIONS
Before making any trades, ensure the following:
1. The market is still within the buy zone.
2. Retracements align with Fibonacci and trendline levels.
3. Momentum indicators or candlestick patterns signal a potential entry.
By verifying these factors, you can improve the accuracy of your trades and reduce risks.
š Follow Your Risk Management Rules Proper risk management is key to long-term success in trading. Never over leverage or trade without stop-loss orders.
This analysis focuses on the current wave structure and potential future movements of DOT/USDT, utilizing Elliott Wave Theory and Fibonacci targets to predict market behavior.
ā”ļø CURRENT WAVE STRUCTURE
The market is currently developing an impulsive wave sequence within an ascending channel. This pattern reflects bullish momentum, with higher highs and higher lows forming consistently.
KEY LEVELS
Fibonacci Target: 100% ā This is the projected target for the ongoing wave structure.
Invalidation Level: 7.5561 ā A breakdown below this level invalidates the current bullish wave sequence.
WAVE SEQUENCE
The current wave sequence is unfolding as follows:
1. Wave (b): The channel bottom has been confirmed, providing a strong support base.
2. Waves i, ii: The foundational waves are complete, setting up the structure for further momentum.
3. Wave iii: This wave exhibited strong bullish momentum, driving the price higher.
4. Wave iv: The market is currently in this correction phase.
5. Wave (c): A bullish target is anticipated following the completion of Wave iv.
CURRENT PHASE
The market is in the Wave iv correction phase, which is consolidating near the channel support levels. A bounce from these levels is expected to confirm the continuation of the bullish trend.
NEXT EXPECTATION
Once Wave iv completes, a strong bullish movement toward the 100% Fibonacci target is anticipated. This upward move will likely mark the development of Wave (c), aligning with the overall impulsive wave structure.
ā ļø IMPORTANT NOTICE
Use proper risk management strategies to mitigate potential losses.
The market can change rapidly, and invalidation levels should be closely monitored.
Elliott Wave Theory is a powerful tool for predicting market movements, and today, we analyze TRB/USDT on the 4-hour timeframe to provide insights into the current market structure and potential future movements.
ā”ļø CURRENT WAVE STRUCTURE
After completing a triangle pattern, the market is now moving through an ABC correction phase, which typically follows such consolidations. This phase reflects the natural ebb and flow of the market as it adjusts its structure.
FIBONACCI LEVELS
These Fibonacci levels serve as critical reference points in the ongoing wave analysis:
Wave C: 93.503
Wave X: 82.541
Wave A: 75.619
Wave B: 58.429
These levels help identify potential support and resistance areas during the correction process.
WAVE SEQUENCE
The wave structure is evolving in line with Elliott Wave Theory:
1. Triangle Pattern (A, B, C, D): Completed
2. Wave E: Currently developing
3. ABC Sequence (Current Expectations):
Wave A: Formation has begun.
Wave B: Anticipated at lower Fibonacci levels.
Wave C: Predicted to reach the final target based on wave symmetry.
The triangle breakout has initiated a new corrective phase, setting the stage for the ABC structure to unfold.
CURRENT PHASE
The market is now progressing through the Wave A correction phase. This movement is indicative of the market consolidating before continuing its corrective journey, with lower levels expected as part of this pattern.
NEXT EXPECTATION
Once Wave A is completed, a Wave B correction is likely to form, targeting the 58.429 Fibonacci level. This movement could act as a retracement phase before the final Wave C emerges, potentially completing the correction cycle.
ā ļø IMPORTANT NOTICE
Always implement proper risk management when trading.
Be prepared for rapid market condition changes that can influence wave formations and targets.
As anticipated, I expect the market to experience a retracement soon. This pullback presents an opportunity for traders to prepare for the next move.
During this retracement, you can consider taking a buy position based on your own confirmations and analysis. Ensure you validate the entry with your trading strategy to maximize potential gains.
š” If you're aiming to achieve success in trading, start today and stay committed to informed decision-making.
The FET/USDT trading pair is showing promising signs for traders. Letās explore the current market scenario and potential opportunities.
Current Market Behavior
At present, the market has reacted to a strong buy zone, demonstrating a positive upward movement. This indicates that buyers are regaining control, pushing the price upward from a favorable level.
Expected Retracement
Given the current trend, a retracement is anticipated, with the price potentially pulling back to the 1.277 area. This pullback could offer an excellent opportunity for traders to re-enter the market.
How to Take Advantage of This Opportunity
Traders should:
1. Wait for the Retracement: Allow the market to approach the projected retracement zone.
2. Confirm Entry Points: Use your preferred technical indicators or analysis methods to confirm the price is rebounding from the retracement.
3. Look for Buy Opportunities: Once confirmed, consider entering a buy position to capitalize on the potential upward movement.
A Tip for Trading Success
Consistency and informed decision-making are key to success in trading. If you aim to improve your trading skills and results, itās essential to stay updated with market insights and join communities that support your growth.
By monitoring the FET/USDT pair carefully, traders can position themselves to take advantage of the upcoming market movement.
Stay informed, stay prepared, and trade smartly! #FET/USDT
In this article, we delve into the Elliott Wave analysis for the TRB/USDT trading pair on the 4-hour timeframe, providing insights into the current market structure, Fibonacci levels, and expected movements.
Current Wave Structure
The market has recently completed a triangle pattern, a common Elliott Wave formation. Following the completion of this triangle, the price has entered a correction phase, which is now developing further.
Fibonacci Levels
The Fibonacci retracement levels play a key role in identifying potential price movements during this correction phase:
First Fib Level: 93.088
Second Fib Level: 82.253
Third Fib Level: 75.405
Target Level: 61
These levels highlight areas where price retracements or reversals are likely to occur, helping traders anticipate market behavior.
Wave Sequence Overview
Previous Waves:
Wave (W) and (Y) have already completed their cycles, indicating prior phases of the Elliott Wave sequence
Current Wave:
Wave (X) represents the ongoing correction phase that followed the triangle pattern.
Current Market Phase
After the breakout of the triangle pattern, the market is exhibiting signs of a bearish correction. This suggests that downward pressure is dominating, with potential further declines in the near term.
Next Expectation
A continuation of the bearish movement is anticipated, possibly driving the price toward the $40 target level. Traders should prepare for this potential scenario, keeping an eye on the key Fibonacci levels as milestones along the way.
Important Notice
Always implement proper risk management strategies to protect your capital.