Another Saucer pattern is Seen - Let's Trade 📈#ALPHA/USDT #Analysis
Description
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+ ALPHA is currently forming the saucer pattern that we have seen in BINANCE:LITUSDT
+ The saucer pattern typically indicates a bullish sentiment, suggesting that once the price surpasses the resistance line, a significant price increase can be anticipated.
+ I plan to enter a LONG trade post-breakout, targeting an entry price of approximately 0.1534.
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VectorAlgo Trade Details
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Entry Price: 0.1534
Stop Loss: 0.1162
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Target 1: 0.1715
Target 2: 0.1896
Target 3: 0.2239
Target 4: 0.2979
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-15x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
1-2-3-pattern
LIT - A trade opportunity with a profit potential of +730 %#LIT/USDT Analysis
Description
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+ LIT has formed a promising saucer pattern, typically regarded as a bullish indicator.
+ Currently, the price is lingering near the resistance zone, suggesting a potential breakout in the near future.
+ I've identified a compelling trade opportunity with a profit potential of +730% (leveraged at 10x). I'm initiating the trade at the current price, allocating a small margin of 0.25% of the trading capital.
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VectorAlgo Trade Details
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Entry Price:1.267
Stop Loss: 0.992
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Target 1: 1.371
Target 2: 1.524
Target 3: 1.787
Target 4: 2.203
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 10-15x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
🔥 A Simple Guide To Sell The Bitcoin TopIn this analysis I want to talk about the upcoming Bitcoin top, and how to make sure you will exit at the "right" time.
As seen on the chart, every past cycle has topped at, or close at the purple RSI resistance drawn on the bottom half of the chart.
The strategy is simple, sell your BTC's in the month that the RSI has hit the top resistance. And Ideally, buy them back at a discount once the RSI hits the bottom support.
You will likely not catch the exact top, but will catch the top area better than 90% of traders.
🔥 Bitcoin On-chain: You're Still EARLY This Cycle 🚨In this analysis I want to dive deeper into on-chain analytics, namely the amount of the BTC supply that has not moved in over 1-year (read: investors that hold BTC for >1 year).
This metric is important because it gauges the amount of hodlers in the market. Historically, the amount of hodlers always goes up during bear-markets and goes down during bull-markets.
Take a look at the previous three cycles. Hodlers only really started selling after BTC has made a new all-time high.
Seeing that the white line has only just started going down, we can safely assume that we're still early into the real bull-market and that we likely have another 6-12 months of bull period (historically) ahead of us.
Don't worry if you missed the boat on your favorite altcoin, you're still early.
Delta corp is bottoming out Soon Delta Corp is Bottoming out soon irrespective of any news !!
Stock is near long term support of 90-100
Currently stock is in a falling channel and prices may continue to go down unless it don't breaks the upper resistance of the channel
Every time stock comes around long term support we can see huge upside of 200-250% in few months
Keep it in watchlist and take your own decisions !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Short-term analysis of Bitcoin in the 15-minute time frame:Bitcoin is currently forming a megaphone pattern in the 15-minute short-term time frame. This pattern often breaks from the top, and its target could be the $77,000 range.
Please note that the analysis you see here is for informational purposes only and should not be used as a basis for making trades.
🔥 Bitcoin OFFICIALLY In Price Discovery Mode 🚀As of today, I think we can finally say that Bitcoin has confidently broken out of the previous ATH of 69.000. Yes, we had a couple of wicks towards 70k, but never a real confident break out like now.
Today is the start of Bitcoin's era of price discovery. If history will repeat itself we will go up a lot over the coming weeks. Prepare yourself for strong moves to the upside, but also quick and violent dumps on the downside.
Wouldn't be surprised if we're going to see 100k over the next few months.
Bandhan Bank can give 100% returns !!Bandhan Bank has not given nay returns since IPO
Currently Bandhan Bank is at 52 week Low
Stock is around the support working from 2020
We might see volatility till 170 but overall strong support is 170-190 level
If stock don't Breaks 170 level then we can see 80-100% upside from these levels.
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
🔥 GMT Long-Term Trend Shift: Big Signal!After 1.5 years of straight selling, GMT has finally confirmed a change of the long-term trend.
In my eyes, GMT is one of the better undervalued tokens on the market right now. It saw a huge move back in 2022, but lost around 95% of its value at some point. Relatively new token, so a lot of potential upside.
Stop under the weekly swing low, target at the all-time high.
Dow Jones is going to fall ?? Dow Jones is Working this Rising Channel
Currently Index may touch 41000 on days to come but
As history shows after every rise of 20% DJIA gives the fall of 6-7%
We are little bearish on Stock markets
Well well well !!
If USA market goes down then can we expect overall world market to fall ??
Lets see !!
Thanks !!
🔥 Bitcoin WARNING: RSI Signals 30-40% DUMP 🚨In this analysis I want tot take a look at Bitcoin's historical price action during periods of a strongly overbought (>84) RSI. Before diving in I want to underline that my overall bias is still bullish and that this analysis is merely a warning based on historical RSI values.
As seen on the chart, the RSI has not often reached above 84 points over the last 8 years. Every time that it did during the last two bull-cycles, it signaled a 30-40 percent dump. Keep in mind that the market can still grow for several weeks before the dump could commence.
Since we're now trading at an RSI of almost 88, we're in a danger zone. The strongly overbought RSI, combined with the massive resistance at 69.000 makes me believe that there's a serious risk of an incoming dump over the next weeks. Furthermore, this dump could be exacerbated by the huge amounts of open interest (leverage) in the market currently.
My overall market view stays bullish. 2024 and 2025 are going to be great years for BTC, but that doesn't mean that we will see a correction here and there.
On the plus side, these historical dumps have nearly always been mid-bull cycle dumps which didn't last more than a month. New highs have always followed, apart from de December 2017 dump. The statistics are favourable.
It's not a time to panic. It's a time to be careful. Happy to hear your thoughts in the comments 🙏
🔥 SHIBA Bull-Flag: Patience For Break!Together with many memecoins, SHIB has seen a siginifficant bullish move lately. However, SHIB has been consolidating for a few days at this point.
In the process, a bull-flag pattern has been formed. For this signal we're going to wait for SHIB to break through the top of the pattern and place our stop below the most recent swing low.
Target at 7500. I don't think the memecoins have stopped, but are merely preparing for their next leg up.
Yemi_Fx1 | BEARISH SETUP ON AUDJPY Maintaining a sell bias on AUDJPY based on the presence of a well-defined sell structure.
On the 1-hour timeframe (1HTF) shows the bearish bias is further supported by a potential continuation pattern in the form of an ascending wedge, with price currently testing resistance.
Be aware that today's high-impact Non-Farm Payroll (NFP) data release could cause price to break out of the ascending wedge resistance before moving in it main direction.
I anticipate a potential third touch of the ascending wedge's resistance. If price rejects this level, we can look for a confirmation shorting signal(A flag )on a lower timeframe (e.g., 15-minute chart) to enter the trade.
If you found this helpful please support your fellow trader with a like .
Saucer pattern presenting potential profit of +900% through PHB#PHB/USDT #Analysis
Description
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+ PHB has formed a well-defined saucer pattern and has effectively broken out from the resistance level associated with this pattern.
+ This presents an opportune moment to enter the trade. I anticipate a significant price surge following this breakout.
+ I'm initiating my entry at the current price, leveraging 10x with only 0.25% of the capital allocated to this trade.
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VectorAlgo Trade Details
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Entry Price: 1.8667
Stop Loss: 1.4259
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Target 1: 2.1153
Target 2: 2.4014
Target 3: 2.8614
Target 4: 3.6370
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-15x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
🔥 FTM Cup & Handle Break Out Confirmed!Around three weeks ago I made an analysis on FTM where I discussed the pending break out of the cup & handle pattern.
As seen on the chart, the pattern has been successfully confirmed and a break out is currently underway. FTM is now trading at it's highest point in 22 months.
2$ is the target for now. If BTC will soon break through 70k with confidence, we might move the profit target to 3.45$ or even 5$.
FTM is going to fly.
Xau/Usd Hello traders!
Gold in the 15m timeframe has entered the channel scheme. The price has reached the level of 2142.00. We see that we have a bullish trend. In my opinion, the pair Xau/Usd will test the level of 2152.50. Be careful! Don`t forget to look at the economic calendar!
Entry: 2125.00
SL: 2119.00
TP: 2152.50
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
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🔥 Bitcoin's New All-Time High Dump: Temporary Or Not?Two days ago I made an analysis on my expectation of Bitcoin's short-term price action, based on historical price action at the moment a new all-time high has been made.
My most likely scenario was a new ATH, followed by a dump towards the first yellow area of support. This has now occured, together with an hourly oversold reading on the RSI.
Experienced traders spotted an opportunity, and BTC rose over 13% in a matter of hours.
For now, my most likely scenario would be 1-2 weeks of consolidation between 60k and 69k. It seems like a small area on the chart, but it's still 15%. Alts could dump as much as 30% during a retest of the bottom yellow support, so be careful with leverage.
Keep in mind that a move towards the second support is still in the cards. Not very likely, but it's still a risk. Consequentially it would be an amazing area for long-term entries.
It's now a matter of exhausting the bears until there are no more sellers left. Once there are no more sellers left I expect a strong break out with high volume, which will be the start of a new era of price discovery.
ETH - 3500 => Make or Break ❗️Hello TradingView Family and Fellow Traders,
This is Richard, also known as theSignalyst.
📈 ETH has shown an overall bullish trend, trading within the rising broadening wedge pattern highlighted in red.
It's evident that ETH has been respecting significant round numbers, particularly the 500 marks.
Following its breakthrough above 3000, ETH traded higher to find resistance around 3500.
📈 To maintain control and drive prices higher towards 4000, the bulls require a daily candle close above 3550.
In parallel, ETH retests the lower bound of the wedge pattern, we will be seeking trend-following buy setups on lower timeframes.
📚 Always adhere to your trading plan, especially regarding entry points, risk management, and trade execution.
Wishing you all the best of luck!
Remember, All Strategies Are Effective When Properly Managed!
~Rich
NYCB Community Bank falls to support and rises LONGOn the 15 minute chart the price action reflects the rough time that NYCB has had. Apparently it had a good rally to finish the week due to reports of floods of new deposits . Down the road
it may be a problem if premium interest is being paid on the deposits. In the meanwhile, I
see NYCB as taking back half of the trend down and floating up gradually into the range of 7
or about 60% upside. This will be a volatile and risky trade but with good upside. I will set a
8% or ATR x 2 stop loss yielding a Reward to risk of about 7.
Eur/Usd LongTermHello traders!
As we can see, the Eur/Usd pair in the daily timeframe has entered the triangle pattern. My opinion is that if the price breaks the 1.0890 level, then we will have a buy movement at the 1.1050 level. Be careful! Don`t forget to look at the economic calendar!
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
🙏🏻🙏🏻🙏🏻
ETH Bearish Bat PatternI've identified a potential Bearish Bat Harmonic Pattern on the ETH/USD chart, signaling a potential reversal in the current uptrend. This pattern is formed by four price swings within the Fibonacci ratios. If the pattern completes as expected, we might see a reversal in the price of ETH/USD around the $3800 level.
🔥 WorldCoin [WLD] Bull-Flag SignalIn my last analysis I talked about the bullish channel that WLD was trading in. My anticipation was that WLD would break through the top resistance and make it's way to 10$.
After topping out around 9.25$, WLD has been reading sideways. With BTC trading exceptionally bullish, I expect WLD to break out of this pattern in the near future.
WLD can fly. I'm aiming at 20$ over the next few weeks. By keeping a very tight stop we can create a very good R/R of over 28 for this trade.