LuckySevenTrader

Namaskar LuckySevenTrader Community:

In the recent analysis of Litecoin #LTC/USDT on the 2-hour timeframe, we've observed a notable pattern following the price's rejection from a critical resistance level at 106.17. Currently, the price is making another attempt to move upward towards this resistance.
Key Observations
Resistance Level: The price has faced rejection at 106.17 multiple times, indicating a significant barrier.Potential Breakout: If the price manages to break above this resistance level, we could see a rapid price increase of 5% to 10% in a short timeframe.
Trading Strategy
Given the current market conditions, it's essential to wait for confirmation before entering a long position. Here’s how I plan to approach both futures and spot trading:
Entry Position
Entry Price: 106.64
Risk Management
Stop Loss: 105.17 (to limit potential losses)
Profit Targets
Take Profit 1: 112.04Take Profit 2: 117.43
Additional Strategy
For maximizing gains, I recommend implementing a trailing stop loss to break even once the first profit target is reached. This approach allows for holding onto the position for a potential larger price pump while securing initial profits.
Conclusion
In summary, the key to this trading strategy lies in monitoring the price action around the 106.17 resistance level. With proper risk management and a clear entry strategy, there’s potential for significant gains in the upcoming trading sessions. Always ensure to conduct your own analysis and consider market conditions before making trading decisions.

Note: I am not a Financial advisor Trade On your Own Risk.

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$LTC

Namaskar LuckySevenTrader Community:

MANA/USDT SPOT SETUP
BUY NOW ✅✅✅
Your Money Your Decision
꧁༺♛•STAKE 亗 SMART•♛༻꧂
꧁༺LuckySevenTrader•♛༻꧂

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$MANA

Namaskar LuckySevenTrader Community:

In this article, we'll delve into a recent analysis of #Bitcoin❗ 's price action using key levels based on WD Gann's theory. These levels provide critical insights into the current market conditions, helping us better understand potential price movements and strategize accordingly.
Key Levels in the Market:
Resistance (Red Line): Currently, the market is facing resistance at a significant price level, marked by the red line. This price has been a point of rejection multiple times, as shown by the yellow circles on the chart. Bitcoin has failed to close above this level, indicating that sellers are in control at this price point.Support (Green Line): On the downside, the green line represents a strong support level around $86,625. This level has proven crucial, and the price may attempt to test it in the coming days. If Bitcoin holds above this support, it could signal a potential reversal to the upside.Upcoming Levels (Blue Line): The blue line represents an upcoming level to watch for future price action. If Bitcoin breaks above the red resistance line, we could see a move toward the next level, around $121,660.
Potential Price Movements:
Rejection at the Red Line: As mentioned, Bitcoin has faced repeated rejections at the red resistance line around $108,185. According to WD Gann's theory, when the price faces rejection at a key resistance level, it often signals a potential downward move. If Bitcoin cannot break through this level, we may see a pullback towards the green support line.Testing the Green Line Support: If the price falls to the green support line around $86,625 and finds support, it could indicate that Bitcoin is ready to rise again. In this scenario, traders could consider entering long positions (buy) if the support holds strong.Break Below Green Line: However, if Bitcoin fails to hold above the green support line and breaks below it, the price could continue to fall towards the blue upcoming level around $73,150. This would signal further weakness in the market and might present opportunities for short positions.Break Above the Red Line: On the bullish side, if Bitcoin manages to break through the red resistance line, it could test the next level (blue line) around $121,660. This would indicate that the market is in a strong uptrend and that buyers are taking control.
Conclusion:
In summary, the price of Bitcoin is at a crucial juncture, with significant levels to watch. We remain bullish as long as the price stays above the strong support level at $86,625. However, if this support breaks, the market could shift bearish, and Bitcoin could move lower. Traders should carefully monitor these levels and enter positions only after confirmation of price action, whether for a buy or sell. As always, remember that trading involves risk, and this analysis is for educational purposes only.
Stay informed, and trade responsibly!
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$BTC

Namaskar LuckySevenTrader Community:
🚨 Bitcoin Price Update 🚨
#Bitcoin❗ (BTC) is currently trading at $99,540, showing signs of bullish momentum after rebounding from the Exponential Moving Average (EMA). The price has found strong support around $98,500, consolidating in a short-term range while maintaining its upward trend.
What’s Next for BTC?
Bitcoin's next move will likely depend on how it reacts to key levels:
1. Bullish Scenario:
A decisive break above $100,000 could spark a strong rally, pushing BTC toward the $102,000–$104,000 resistance zone.
2. Bearish Scenario:
If BTC fails to hold the $98,500 support, we may see a pullback toward the $96,000–$95,500 zone.
Key Levels to Watch:
Resistance: $100,000 | $102,000
Support: $98,500 | $96,000
BTC is currently consolidating near a critical psychological level at $100,000. Traders should watch for a confirmed breakout to signal further bullish momentum or a breakdown below support levels, which could lead to a short-term bearish retracement.
Stay alert for market updates as Bitcoin approaches this critical juncture!
#LuckySevenTrader #BTC/USDT. #BTCBreaking100KAgain? #Follow_Me_For_More
$BTC

Namaskar LuckySevenTrader Community:

Since the U.S. election, Bitcoin has seen a significant surge, rising nearly 58% and reaching an all-time high of 110,000.

∗∗.However,themarkethassinceenteredaconsolidationphase,withthepricecurrentlyrangingbetweena∗∗strongresistancelevelat106,600 and a strong support level at $92,600.

At this stage, the market is in a state of equilibrium, and until Bitcoin breaks out of this key range, the overall trend remains uncertain. For traders looking for high-probability opportunities in both spot and futures trading, patience is key. Waiting for a clear breakout above resistance or below support will provide a more definitive direction for the market.

Key Takeaways:
Resistance at $106,600: A breakout above this level could signal a continuation of the bullish trend, potentially opening the door for new highs.

Support at $92,600: A breakdown below this level could indicate a shift in market sentiment, possibly leading to a bearish trend.

Wait for Confirmation: Until one of these key levels is decisively broken, it’s wise to avoid taking aggressive positions.

Trading Strategy:
For Spot Traders: Consider accumulating near the support level if you believe in the long-term potential of Bitcoin, but be prepared for further downside if support breaks.

For Futures Traders: Wait for a confirmed breakout or breakdown before entering trades. This will help you align with the market’s next major move.

Disclaimer: This analysis is for educational purposes only. Trading involves significant risk, and you should only trade with money you can afford to lose. Always do your own research and trade at your own risk.

Stay patient, stay disciplined, and wait for the market to show its hand. The best opportunities often come to those who wait for the right moment!

#LuckySevenTrader #Bitcoin❗ #BitcoinReserveWave
$BTC

Namaskar LuckySevenTrader Community:

The #BOND/USDT pair is displaying signs of a bullish breakout, creating an attractive swing trade setup. With the price recently pushing above a significant resistance zone, there’s potential for further upside if the breakout holds. Here’s a closer look at the setup:
Trade Setup Details
Entry Zone: $1.75–$1.77 (current breakout level).Stop Loss (SL): Below $1.63, positioned under the recent consolidation and support.Profit Targets:T1: $1.85T2: $1.95T3: $2.20T4: $2.50
Why This Trade Stands Out
Breakout Confirmation:
The price has successfully broken above the critical resistance zone at $1.75, signaling bullish momentum. A clean hold above this level strengthens the case for a sustained upward move.Potential Retest:
If the price briefly dips back into the breakout zone, it may offer a second opportunity to enter before resuming the uptrend.Strategic Stop Placement:
The stop loss at $1.63 is carefully set below key support, limiting downside risk in case the breakout fails.Profit Potential:
With targets extending up to $2.50, this setup offers a favorable risk-to-reward ratio for swing traders.
Key Considerations
Confirm the Hold: Watch for the price to stay above $1.75. If it falters, be prepared for a potential pullback to lower levels.Manage Risk: Always stick to the stop-loss level to minimize losses if the market moves against you.Patience Pays: Swing trades take time, so allow the trade to develop and consider partial profit-taking at each target level.
This setup combines technical clarity with strong risk management, making it worth monitoring.
Disclaimer: I am not a financial advisor. This analysis is for informational purposes only. Your money, your decision!

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$BTC

Namaskar LuckySevenTrader Community:

#BTC/USDT🔥 13/12/2024
Short ❗️❗️❗️99400 To 99800
TP 1 97900
TP 2 96700
TP 3 94000
TP 4 Hold With BE For BIG Dump
Your Money Your Decision
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꧁༺LuckySevenTrader•♛༻꧂

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$BTC