Crypto Trading Analysis

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Introducing Our Cryptocurrency Trading Analysis Forum


Welcome to the dedicated cryptocurrency trading analysis forum on ForexVisit.com! This space is designed for traders, investors, and crypto enthusiasts who want to stay ahead in the ever-evolving world of digital assets. Here, we will share expert trading analysis, market insights, and strategic approaches to help you make informed trading decisions.

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Disclaimer: All analysis is for informational purposes only and should not be taken as financial advice. Always do your own research before making any investment decisions.
 
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Bitcoin Cash (BCH/USD) Trading Analysis – Bearish Reversal Setup

Bitcoin Cash (BCH/USD) Trading Analysis – Bearish Reversal Setup


Overview


Bitcoin Cash (BCH/USD) is currently showing a potential bearish reversal setup on the 15-minute timeframe, presenting an opportunity for short sellers. The price recently broke below key moving averages, indicating a shift in market sentiment. Let’s analyze the trade setup in detail.


Technical Indicators & Market Structure


  • Exponential Moving Averages (EMA):
    • 50 EMA (Blue Line): 282.78 USD
    • 100 EMA (Red Line): 287.23 USD
    • 200 EMA (Green Line): 291.91 USD
  • Relative Vigor Index (RVGI): Indicates a minor bullish retracement within an overall bearish trend.

The market was previously in a downtrend, breaking below the 50, 100, and 200 EMAs. A support zone formed around 270-272 USD, where buyers attempted to regain control. However, price action suggests that the market is only retracing before a potential continuation downward.


Key Levels to Watch


  • Resistance Zone: 285-290 USD (Aligns with the 100 EMA)
  • Support Zone: 270-272 USD (Previous buyer defense level)

Trade Setup & Strategy


  • Entry Point: Near 282-285 USD (as price approaches resistance)
  • Take Profit (TP): 272 USD (targeting previous support level)
  • Stop Loss (SL): 290.32 USD (above key resistance & 100 EMA)
  • Risk-to-Reward Ratio: Favorable (approximately 2:1)

Trade Confirmation Signals


  • EMA Resistance: Price is testing the 100 EMA, which often acts as strong dynamic resistance in a downtrend.
  • Bearish Rejection Possible: If price fails to break above 290 USD, it signals strong resistance, increasing the probability of a downward move.
  • RVGI Momentum: A minor bullish retracement is visible, but without strong buying momentum, the price is expected to reverse downwards.

Conclusion


This setup presents a short-selling opportunity if BCH/USD gets rejected from the 285-290 USD resistance zone. Traders should monitor price action closely. If the price closes above 290 USD, the bearish bias could be invalidated, leading to a potential trend reversal to the upside.


Trading Tip: Always use proper risk management and adjust position sizes based on account size and risk tolerance.





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AUD/JPY Trading Analysis – Short Setup


Market Overview


The AUD/JPY chart presents a bearish setup, indicating a potential short trade opportunity. The price is currently testing a significant resistance zone, aligning with key technical indicators.


Key Technical Observations


  1. Fair Value Gap (FVG) & Key Level Resistance:
    • The red-shaded area represents an FVG and a key resistance level.
    • Price is rejecting this level, signaling a potential bearish move.
  2. Exponential Moving Averages (EMAs):
    • 50 EMA (blue): Currently acting as dynamic resistance.
    • 100 EMA (red) & 200 EMA (green): Positioned above the price, confirming a downtrend.
  3. Bearish Confluence:
    • The price is struggling to break above the resistance zone.
    • Multiple rejections at the FVG indicate potential selling pressure.
    • The Relative Vigor Index (RVGI) is showing signs of bearish momentum.

Trade Setup – Short Position


  • Entry: Around 93.60 (Key Resistance)
  • Stop-Loss (SL): Above 94.00 (Invalidation Zone)
  • Take-Profit (TP): 92.70 (Next Support Level)

Trade Rationale


  • The price is in a clear downtrend, as indicated by EMAs.
  • The FVG resistance zone is acting as a strong supply area.
  • The RVGI oscillator suggests weakening bullish momentum, increasing the probability of a price drop.

Conclusion


This setup favors a short trade as long as the price remains below the resistance zone. Traders should watch for further bearish confirmations before entering the trade.

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TRX/USDT Technical Analysis – Bearish Setup


Market Overview


TRON (TRX) is currently facing a critical resistance zone after a sharp recovery from recent lows. The price action suggests a potential bearish move as it tests a key supply zone and technical resistance levels.


Key Technical Analysis


1. Rising Wedge Breakdown & Retest


  • The chart shows a rising wedge formation that has already broken down, indicating a bearish market structure.
  • Price has now retested the broken wedge’s support as resistance, confirming a classic break-retest-reject pattern.
  • This signals a continuation of the downtrend if the resistance holds.

2. Strong Resistance Zone


  • The price is testing a major resistance zone, marked by the previous trendline support turned resistance and the fair value gap (FVG).
  • Multiple EMAs (50, 100, 200) are aligning as resistance, further strengthening the bearish outlook.

3. Exponential Moving Averages (EMAs)


  • 50 EMA (blue): Short-term dynamic resistance.
  • 100 EMA (red) & 200 EMA (green): Long-term trend indicators showing bearish momentum.
  • The price is currently below the 200 EMA, suggesting an overall downtrend.

4. Bearish Confluence


  • Price rejection from the resistance zone aligns with bearish technical signals.
  • Relative Vigor Index (RVGI) Indicator is showing divergence, suggesting weakening bullish momentum.
  • The volume is declining, indicating a lack of buying pressure.

Trade Setup – Short Position


  • Entry: Near $0.2362 (Key Resistance Zone)
  • Stop-Loss (SL): Above $0.2496 (Invalidation Level)
  • Take-Profit (TP): Around $0.2186 (Next Support Level)

Trade Rationale


  • Bearish price action at resistance suggests sellers are in control.
  • Breakdown & retest of the wedge pattern indicates trend continuation.
  • Strong EMA resistance & weakening momentum confirm the probability of further downside.

Conclusion


TRX/USDT is presenting a high-probability short trade setup. If the price remains below the key resistance zone, further downside towards $0.2186 is expected. However, a breakout above $0.2496 would invalidate this setup.

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XRP Price Analysis


Ripple’s (XRP) recent price action suggests that bullish momentum may be picking up steam after finding support at a strong demand zone. From the chart, we can see:


  1. Strong Support Zone: XRP has respected a key horizontal support area (highlighted in blue). This level has repeatedly acted as a launchpad for upward moves, indicating healthy buying interest.
  2. Descending Trend Line Break: The price has broken above a falling trend line, hinting at a potential shift in market sentiment. Such breakouts often signal a trend reversal or at least a pause in bearish pressure.
  3. Moving Averages as Confluence: The shorter and mid-range moving averages (red and blue lines) are trending upward, reinforcing the bullish bias. A sustained close above these averages typically strengthens the case for further gains.
  4. Fair Value Gap (FVG): The chart highlights an FVG region just above the support, suggesting a potential area where price could fill any “imbalances” before resuming its move. If buyers maintain control, XRP may see continued upside toward the next resistance zone.

Summary: If XRP remains above its strong support and holds above the broken trend line, further upside toward the next key resistance level looks likely. However, a pullback below the support zone could negate the bullish outlook and open the door for deeper retracements.

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Bitcoin Cash (BCH/USD) Analysis – March 2025


Bitcoin Cash (BCH/USD) has reached a key resistance zone at $410 - $420, aligning with a Fair Value Gap (FVG) and major moving averages. The overall market structure remains bearish as price trades below the 200 EMA (396.05), 100 EMA (387.47), and 50 EMA (360.37).


Trade Setup (Short Position)


  • Entry Zone: $410 - $420 (FVG Resistance)
  • Stop Loss: Above $440
  • Take Profit: First TP: $360, Final TP: $300
  • Risk-Reward Ratio: 1:3

Market Outlook


If price rejects $420, a bearish move is expected toward $360 - $300. However, a breakout above $440 could invalidate the setup. Traders should wait for bearish confirmation (candlestick patterns, rejection wicks) before entering short positions.

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