1-2-3-pattern
🔥 PEPE Inverse Head & Shoulders: Last Dip Before Moon?PEPE has beentrading relatively bearish since it topped early in December. With BTC moving down, it's getting more likely that PEPE will see some kind of sell-off in the near future.
I'm looking at this inverse head & shoulders to play out over the next weeks. Ideally, we get some kind of bounce going around the 85 area.
Patience is key on this trade. If PEPE will make a new high in the next few weeks this signal will be cancelled.
HelenP. I Ripple will break trend line and continue to move upHi folks today I'm prepared for you Ripple analytics. Some time ago price traded inside the resistance zone, which coincided with the resistance level, and later it made a fake breakout, after which the price rose to 0.6385 points. Next, Ripple rebounded and made a strong impulse down to the trend line, thereby breaking the 0.6150 and 0.5500 levels. After this movement, XRP rebounded from the trend line and rose higher than the 0.5500 support level, which is located in the support zone, breaking this level again. Also, the price started to trades in a triangle, where so long XRP traded near the support zone. At the last time, when the price declined to this zone, it at once rebounded up to the 0.6150 resistance level. Price even broke this level and entered to resistance zone, but soon it turned around and in a short time declined to the trend line. As well recently, Ripple exited from this pattern and now it continues to trades very close to the trend line. For this case, I expect that XRP will break this line again, make a retest, and continue to move up. That's why I set up my target at 0.6100 points. If you like my analytics you may support me with your like/comment ❤️
opportunity to go long or short in AVAXUSDTguys there is an opportunity to go long or short if the price breaks and closes below or above the support line and can aim the recent swing low or high and i have also used fib to predict where to set the take profit for both long a short position, for long position you can set your TP at the above arrow and for short position you can set your TP at the down arrow
🔥 Bitcoin Bulls Holding By A Thread: What's NextIn my recent Bitcoin analyses I've talked about the fact that I expected the Spot ETF announcement to be a sell-the-news event, helped by two important resistances lying at the 48k-50k area. See below for my in-depth analyses:
As expected, Bitcoin has reversed from the 48k area and is currently trading at 43k-ish. The bullish trend is still not broken, so there's some hope left for the bulls.
In order to fully confirm my bearish bias, I'm waiting for BTC to fall through the yellow area of support. This support has been holding since early December, so it would definitely be a long-term shift if it would break.
If we will close a weekly candle below 40k, there's a decent probability that we will move towards the bottom support of the diagonal channel (see first analysis), potentially even lower.
As mentioned before, this bearish move is likely the last one before the "real" bull trend starts. BTC has historically always dumped in the first months before/after the halving, so this potential dump is nothing out of the ordinary and will likely function as a spring towards new all-time highs.
Navigating a Downward Channel: A Journey to Potential UpsideWelcome to a comprehensive breakdown of the IGR setup – a compelling narrative rooted in technical analysis that may uncover a path to potential gains. Check out the video, as I delve into the reasons underpinning my decision to hold a current position in IGR, while keeping risk management in this turbulent market in mind.
Firstly, we explore the mechanics of a downward channel, often considered a bullish indicator, which is poised for an upside breakout after several touches against resistance. I'll guide you through my anticipation of the stock's trajectory towards a target, accompanied by a strategic management of entry and exit points. My approach combines a tight stop loss coupled with a keen eye on partial profit targets, ensuring a balanced risk management.
However, the analysis doesn't stop with patterns. The setup also encompasses fundamental factors that add another layer of interest – notably the stock's consistent history of dividend payments through market upheavals, even during the 2008 crisis and the tumult of 2020. We ponder the implications of a sizeable estimated dividend yield that provides not only trade value but also potential for long-term holding as a dividend stock.
Additionally, insider buying acts as a crucial signal in our evaluation, hinting at the confidence held by those with intimate knowledge of the stock’s inner workings.
The final piece of our analytical puzzle extends to examining the weekly chart, revealing a pattern that suggests bullish sentiment, supported by a strong trend line dating back 16 years – an invaluable insight for those studying long-term support levels.
Remember, the choices traders make must be informed by rigorous research and consultation with financial advisors where necessary.
This exploration is intended for educational purposes, offering a peek into the strategic thinking that informs intelligent trading decisions.
ETHEREUM - Price can exit of triangle pattern and then bounce upHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Some time ago price made upward impulse from support line of pennant to resistance line, breaking $2200 and $2365 levels.
After this ETH at once bounced from resistance line and declined to support line, breaking one more time $2365 level.
Later, price made impulse from this line higher than $2365 level, where soon it entered to triangle and then fell below.
Ethereum declined even below support level, which coincided with support area, but recently it bounced from support line back.
Now, ETH continues to trades in triangle near support line and I think price can exit from this pattern.
Then Ethereum can decline a little more and later bounce up to $2310 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
🔥 Bitcoin's ETF Might Cause A Major CRASH: Be Warned! 🚨In this analysis I'm going to take a more bearish (potentially very unpopular) stance on Bitcoin's ETF launch. More and more news seems to be seeping in about this highly anticipated spot ETF, which makes me believe that a launch is imminent.
Allegedly, there's a 90% chance according to Bloomberg that the spot ETF will be approved by January 10th, early next week. Just search your favorite crypto twitter person, youtuber or website and you can check for yourself.
Historically, big crypto news that the whole market is watching (see red lines) does not have an immediate bullish effect on the markets. Actually, big crypto news has a tendency to signal long-term tops like in December 2017 and October 2021.
Buy the rumor, sell the news. I'm strongly anticipating a big dump on Bitcoin's ETF launch news. Gamblers might be piling in on the news, taking BTC up to 48k or so (as mentioned in all my BTC analyses), but then the whales will dump on them and sell their positions that they've been building over the past year.
This dump will likely signal the top for the foreseeable future. We've got the halving in a couple of months, so the top will only be temporary. This dump might be your last chance to buy alts for cheap before the real bull-market starts.
No one knows how deep the dump will be. I'm looking at the yellow support for a target, but we could potentially go back to the 25k area.
Summary
ETF will potentially be sell the news event. Dump for few months. Buy cheap alts. Enjoy bull-market at the end of the year.
🔥 Predict The Next Crypto Bull-Market: Save This Chart! 🚨In this analysis we're going to take a closer look at the Bitcoin dominance, also known as BTC.D.
As seen on the chart, the BTC.D appears to be trending downwards over a long period. However, the most recent peaks (red arrows) in the BTC.D value have coincided with the start of the bull-markets.
Assuming that the Bitcoin Dominance will keep on going up, there's a very decent probability that the next Crypto Bull-Market will start once the purple resistance line is hit. Just be patient!
Keep an eye on this chart, since it might signal the start of the next bull-run.
XRP - Same pattern detected ??Pattern recognition already worked a lot on that asset.
so, as already mentioned on my BTC analysis I think we will see more lows
According to this chart dump should start tomorrow, a Monday, its also on that day that XRP started to dump early November, and we could see 0.5 this week
I can be totally wrong but I give it a try
TP: O.5
any invalidation of this pattern would be a bullish sign
Cheers and Merry Christmas
🔥 Bitcoin Break Out! 2024 Starts Off AMAZING 🚀Over the last couple of weeks I've been posting a lot of analyses on Bitcoin's bull-flag pattern. My expectation was always that the price would break out through the top resistance, with a target of 48k.
As of this morning, BTC has rallied hard on bullish ETF news. The break out is strong with a lot of volume, so 48,000$ seems imminent at this point.
Why 48k you ask? Well, it's the strongest resistance area before the all-time high. If the bears will fail to defend 48k, chances are were going straight to new all-time highs. For now I'm bullish untill 48k, neutral at 48k, and bullish again if we manage to break through 48k.
To all patient bulls: congratulations. The trend is your friend. But be wary, the bears might be lurking at 48k.
🔥 AVAX: Waiting For The Perfect EntryAVAX has been on a killer bull-run over the last two months. However, it seems that this token is currently facing a cooling-off period.
Potentially, this is great news for patient bulls. AVAX is trading within a bullish symmetrical channel, we're going to wait until the token hits the bottom support.
Not sure if we will actually hit this support. However, be ready for when it does.
Bitcoin AnalysisSo many ways you can look at Bitcoin and all say the same thing. My goal is to highlight the different perspectives in the market Crypto.
1. Eaglizer Strat Daily: Price needs to reclaim 8 EMA (white moving average) for upside.
2. Range: Price needs to reclaim the Median level (white dotted line) for more upside.
3. Trendline: Price needs to reclaim the Trendline (yellow) on for upside.
In summary we're at an area that will determine if we are going to reclaim and continue higher or go down for a correction.
XAU/USD Bullish continuationRisk Reward : 16,67
We are following here secret pattern that made us 108,95% in 2023 so far. This is not a 100% strategy as no one is... we did have 3 loss in total of 9 trade. We are looking here for a bullish continuation that will occure after a nice retracement that will make think seller are in control... the problem is that there's already a trade in progress that no one see right now. The only thing is we have to grab the selling position before we continue to go higher.
Enjoy and have a wonderful year of trading in 2024. ( Focus on big movement ) and take the time to analyse all of them to see the pattern that repeat over and over again.
Peace.
🔥 Crypto Will Be Fine: Yearly Candles Predicted A Good 2023In this analysis I want to take a look at one of my more popular analyses that I did in December 2022.
The analysis was simple: one red year means three green years for BTC. My expectation was that BTC was going to perform well in 2023, which was quite a contrarian thing to say back then.
For fun, take a look at the comment section and see how many people were bearish at 17,000$. Traders have a tendency to short bottoms and long tops.
One year later, and BTC is trading at roughly 2.5x from a year ago.
One year from now, we will likely be trading above 42.7k. 2025 will be a great year as well, 2026 will be another bear market.
Long-term trading is easy if you know where to look.
🔥 Bitcoin Bull-Flag: Will The Bulls Win?A few days ago I made an analysis on BTC and the bull-flag it was trading in. My expectation was that Bitcoin would move down towards the bottom support and reverse from it to keep the trend intact.
As of earlier this morning, BTC has retested the support and has bounced from it. Time will tell whether the support will actually hold in the longer term.
This is the chance for the bulls to show themselves. If BTC fails the bull-flag and falls through the support, chances are that we will go down much further.
Still, the trend is your friend. Statistically speaking, we should be breaking on the top side. My 48k target still remains in play.
🔥 MATIC 2-Year Bull-Flag Break Out! Prepare For Launch 🚀MATIC has been trading within this triangle pattern (bull-flag) ever since the December 2022 top, 2 years at this point.
With MATIC confidently breaking through the top resistance, it looks to me like a succesfull break out, confirming the trend.
I'm looking for a long-term position with a target of 10$. Be prepared to hold this token for at least a year. Great R/R ratio of >27.
Bitcoin - BTCUSDT - In Wedge PatternGreetings,
BTC has been struggling to breakout and then stay above $44K. With time since the previous move above $38K resistance, the top trendline has been descending. Along with that, the recent bounces have created an ascending bottom trendline. If we extend this bottom trendline back, it aligns well with the previous resistance very well which makes it a strong support.
These two lines are converging on Jan 10, 2024 which is the deadline for SEC's decision on Bitcoin ETF's - too much of a coincidence?
Anyway this convergence is creating a wedge pattern which typically gives 50/50 chance to both up and down move. However as mentioned, the bottom trendline is a strong support and has a steeper angle so we would give a slight edge to bulls here.
With SEC's decision coming up in a few days, we expect high volatility in the markets. All investors should manage their risk. From our end, we will provide our analysis as frequently as we can. Please SUBSCRIBE to stay up to date!
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
💷💴GBPJPY Running bearish flat with confirmation! 📉Hey guys, FX:GBPJPY has created a 4hour running flat with a fantastic impulse/correction flag on the lower degree 1hour time frame.
The bearish structure of the running flat combined with the lower degree bearish structure gives a lot of indication of another bearish trend continuation move!
💷GBPUSD, Is it ready to go?📈Hey guys,
On the 60min/240min it appears FX:GBPUSD has created a regular flat with bullish retracement levels. It has then gone on to form what appears to be a contracting flat on the lower degree. If this breaks out then there is a high probability of a bullish move on the 60min/240min.
🔥 Bitcoin Bull-Flag: High Risk-Reward EntryBTC has reversed yet again from the 44k area and is currently in a short-term downtrend. In case this downtrend will continue for the next few days, I want to be prepared.
I'm eyeballing an entry from the bottom support of the bull-flag pattern. High probability that this area will cause some kind of reversal.
With a stop below the most recent swing low and a target at 48k, we can construct a very decent trade with a R/R of 7,64. A more risk-averse trader can take profits around the top resistance of the flag-pattern.