Madoir

Current BCHUSDT Market Status The current BCH market status is as follows: We previously had a strong bullish trendline that drove the price from $250 to $650. However, this structure has been broken, and it appears we have entered a ranging phase between $650 and $500, with the price oscillating between these two points multiple times. What's interesting is the old Fair Value Gap (FVG) at $500 to $525. It acted as a resistance multiple times, and after being broken, it has turned into a strong support. This strength can likely be attributed to the high number of attempts and retests it took to break through that initial resistance. Regarding a Short Position There are several reasons to consider a short position, at least down to the $500 level. These include the price ranging box, the market's inability to decisively break the $640 resistance, and other factors that are clearly visible on the chart. Please Note: This is not financial advice. Do your own research and only invest what you can afford to lose.

In my opinion, $124k was the highest price BTCUSD would see in this cycle, and the downtrend has started a long time ago. The colored dots you see on the chart represent the main pivots of the weekly candles that were forming the bullish structure. Now we are seeing this structure being broken one after the other. You can see the key/legend for the colored dots on the chart. Current Situation Bitcoin broke the first weekly candle's Higher Low (HL) on August 22nd. Since then, we've seen a Lower Low (LL) and a Lower High (LH) on the weekly chart. Now, the price is moving back towards that LL to break this LOW and form a new LL. Last time, we saw good support at $107K and this area could be a support zone this time as well. However, the bearish structure has formed, and we will likely only face temporary reactions. In this area, we will either see the price range or a break of support and the start of a larger trend towards $85k. Please note that this is just my opinion and it could be completely wrong. Even if it is correct, it might take a long time, or perhaps we'll move towards it with a sharp move!

I'm taking this short position for AVAXUSDT.P . It's risky because it's near the top, and they can always eliminate the stop-loss with a shadow!

Hi guys . i have this setup for LINKUSDT a double position . a long to upper FVG then short from there . in both case my SL above and blow major pivots.

i think BNBUSDT still bullish and can make a new ATH in the next Hours . i don't know how far it can reach but a new ATH is in plan! best entry point can be in 4H FVGAs I expected, we saw a new all-time high (ATH). Unfortunately, I didn't get tagged, and I don't want to chase the price. This point could serve as a support zone for a potential pullback.

AVAX USDT Daily: Price Nearing Key Resistance Zone AVAXUSDT has demonstrated a strong upward trend, breaking through a significant, long-term resistance level that has been in place since early in the year. This breakout is a bullish signal, and it's exciting to see the momentum it's carried. However, the price is now approaching a new, crucial resistance zone between $34.56 and $38.16. This area previously acted as strong support before a significant downtrend. Based on my analysis, I anticipate a potential rejection from this zone, which could lead to a correction toward the previous resistance-turned-support area around $23.06 to $25.78. The short-term outlook suggests a possible pullback from the current levels, but the overall market structure looks promising as long as the price holds above the recently broken resistance. I'll be watching for a clear reaction in this resistance zone to confirm the potential move. What do you think? Drop your thoughts and analysis in the comments below!As expected, we saw a price reaction to the specified box in this area. However, the daily timeframe is still bullish, and we haven't received confirmation on the 4-hour timeframe. But on the lower timeframes, I've opened a small, short-term position. for swing trade we need more confirmations.

SHIBUSDT Market Update: After a significant downtrend and following a descending trendline on the daily timeframe, SHIB finally broke out and saw an impressive pump. However, I now anticipate a potential correction from the current level (the red box) down towards the green box. I expect to see strong support in that area, which could then lead to the next bullish leg higher.The price broke its support level, and a small pullback is expected on a lower timeframe. However, we haven't reached the target point yet, although profits are secured. But the more important question is whether we will see an upward move for a long position once we reach the main support.

im taking a long position here for POLUSDT.P This is risky so I'm not responsible for your losses. DYR Entry SL TP are visible on the chart.

they are coming 🐻🐻🐻🐻🐻🐻 Gold has been on a remarkable bullish run over the past few weeks, setting multiple new highs. However, we are now seeing the first clear signs of seller presence entering the market. This looks like a potential turning point. While I cannot predict the exact magnitude or speed of the decline, the probability of a reversal from this point appears to be high. I am anticipating a significant pullback. Keep a close eye on key support levels. This could be the start of a new phase for gold.

TRUMPUSDT Current Status The overall trend is bearish, but there's a strong and solid support zone between $8 and $8.50. On the daily timeframe, this support is still valid and has not been broken yet. Right now, we have a descending trendline that the price is trying to break for the umpteenth time, and we're seeing another attempt today. There's a chance the descending trendline could break, or it could fail and lead to a drop. In either case, the price of $8.45 could be a good spot for a long position with a 1:3.5 risk-to-reward ratio. Personally, I never enter a position the moment a trendline breaks. I always wait for the price to come back to my desired entry point, which happens most of the time. ⛔ Disclaimer: This is not investment advice or a recommendation to buy. Please do your own research.We've seen three bounces at the entry point, but there hasn't been a strong move yet.