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5-0-pattern

The weekly on btcusd.The weekly close that the price has drawn is a good signal given that it closed above the previous high made with a shooting star, therefore the short-term retracement is over and we could see weekly candles of +10%. The market here is cleaning up some excess due to the rise and break of the previous highs at 49k USD, therefore in the short term or rather very short term. After breaking an important level such as the 45/49k USD area, the price here is telling us that it has bullish intentions, there is no doubt, the strength is there, the volatility is evident, what else is needed? We are in a moment that seems like the prelude to a bullish explosion, I do not exclude that the price could also catch its breath a little in the short term given the ride of the last 20 days.
BITFINEX:BTCUSD
by Melupira89
FAIRCHEM OR : Multibagger Returns Soon !!FAIRCHEMOR stock has made Big Broadening Pattern And around the support of Broadening pattern stock has made Ascending Triangle pattern Also Stock has given Breakout of Ascending Triangle pattern We can clearly see Breakout with Huge Green Candle!!!! Stock can show 2100 levels in coming weeks Which is 50% from here on. Broadening Pattern target is 3000+ Which is more than 100% From current price. Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision. #stock #stockmarket #investing #money #finance #trading #investment
NSE:FAIRCHEMORLong
by FiveCircles
HOOK - Wedge pattern is nicely formed--------------------------------------------------------------- Description --------------------------------------------------------------- + Falling Wedge pattern is formed nicely and price broke out from the wedge pattern + Price is currently at 0.9041 and looking a nice profits if its reached my next target of 1.384 + Falling wedge pattern has good accuracy and this is a trade with good opportunity. + Price is also showing bullish divergence from the RSI which is a good bullish sign --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.9029 Stop Loss: 0.7742 ------------------------------ Targets 1: 0.9680 Targets 2: 1.0504 Targets 3: 1.1571 Targets 4: 1.3843 ------------------------------ Timeframe: 1D Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo
Long
by VectorAlgo
BINANCE:DUSK/USDT - Flag Pattern Formed--------------------------------------------------------------- Description --------------------------------------------------------------- + DUSK just formed a nice flag pattern + Once flag breakout we can enter a trade. + This pattern has high accuracy so you can confidently enter the trade. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.2783 Stop Loss: 0.2402 ------------------------------ Targets 1: 0.2943 Targets 2: 0.3124 Targets 3: 0.3390 Targets 4:0.3764 ------------------------------ Timeframe: 4H Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Note: Enhance, Trade, Grow --------------------------------------------------------------- Agree or Disagree with the ideas ? lets discuss in the comments. Like and follow us for more ideas. Regards VectorAlgo
Long
by VectorAlgo
1
🔥 WLD New All Time High: Resistance Incoming!WLD keeps performing extremely well and has made a new ATH as of this morning. Bulls are definitely winning here. On the other hand, WLD is approaching a major area of resistance, the area from the all-time high to the yellow top resistance. Bulls should be on watch. Still, with the trend being so strong I wouldn't be surprised if WLD gets through this area in the next days. In case we can break through the top yellow resistance I'm looking at a 10$ target.
Long
by FieryTrading
8
VIPIND : Best Swing Trading OpportunityVIP Industries has given Zero Returns from last 3 years VIP Industries Stock currently around the support which was working as Resistance. Stock has also formed Falling channel in short term and now around 500 levels is coming support from these 2 factors. So stock is around the support and looking good for swing trading ! Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision. #stock #stockmarket #investing #money #finance #trading #investment #VIP #VIPIND
NSE:VIPINDLong
by FiveCircles
1
Tesla Mimicking McDonalds' 75 Percent DropHere's an overlay of $MCD in yellow from 1980 to 2005 lined up to the 75% drop in $MCD on the "Dollar Menu" price wars, store closings and YOY% sales decline for $MCD back in 2002. It was a disaster. Well, $TSLA has the same 75% drop to the current low. Maybe they mimic, maybe they don't. Just interesting! Here's the $MCD chart and the part that I copied and pasted... the huge run-up and the 75% correction. I lived through the $MCD collapse, as did a buddy of mine who is a broker and was buying all the way down from 50% down to 75% down and made a great fortune for his clients on the 10X rally over the next 10 years The % rallies aren't that comparable for $MCD and $TSLA, but the pattern is similar to me. A global brand with a solid track record facing a short term challenge and competition and fears.
Editors' picks
NASDAQ:TSLALong
by timwest
93
🔥 Bitcoin's Moment Of Truth: Will The Bulls Win?Over the course of the last months I've made plenty analyses on the bullish channel that BTC is trading in. As of today, BTC is seemingly making first steps to break out of this channel. This area will be likely highly contested by bulls and bears. Bears will see a perfect entry for a short, bulls will see a perfect entry to exit (part of) their long position. We're going to need some serious buying volume in order to get through the top resistance of the channel. In case the bulls will push through, I'd want to see a weekly close above the resistance to confirm the break out. After that, the next major resistance is the all-time high. Do you think the bulls will win this war? Share your thoughts in the comments 🙏
by FieryTrading
14
🔥 Bitcoin New All-Time High Before The Halving VERY Possible 🚀As of today Bitcoin has made new bull-market highs and is likely breaking through the 48,200$ resistance level from back in March of 2022. As mentioned in other analyses, this was my main resistance before the ATH. After 48.2k, there's realistically no real strong resistance apart from the 69,000$ ATH. Consequentially, this next leg up can very well take us to a new ATH before the halving will evenn take place. This has never happened before during any bull-run and will likely make people question the "halving causes bull-markets" narrative. Seeing that the halving is around 2.5 months away, it's very possible that BTC will close the ~38% gap from now till then, especially whilst being boosted by halving and ETF optimism. Do you think that BTC will make a new ATH before the halving? Share your thoughts.
Long
by FieryTrading
20
🔥 FTM Cup & Handle Pattern: Patience For Break!As BTC pushes up, FTM and many other alts are experiencing bullish moves as well. As for FTM, it appears to be forming a huge cup and handle pattern. A risk-averse trader would want to wait for the price to break through the neckline around 0.575, a risk seeking trader can already make an entry now, accepting the fact that it's a much riskier trade. Personally, I think that FTM will make comeback in the next few months, hence the target at 2$.
Long
by FieryTrading
3
🔥 Bitcoin Outperforming Previous Cycles: Best Case Scenario?As Bitcoin seems to be unstoppable, it's time to take a fresh look at the current bull-run (read: the period after the low) and compare it to previous bull-runs. Against my expectations, Bitcoin is outperforming both the 2018 and 2015 bull-runs. Most notable is the 2015 bull-run because it took us from ~150$ to ~20.000$. Keep in mind that the 2018 bull-run also outperformed the 2015 run at some point, but then quickly went under it and stayed under for the remainder of the cycle. If the current bull-run stays above the 2015 line, we might actually see a top of >350k. Not the most likely scenario, but a man can dream. For now, things are looking great. Bitcoin will likely break through the 50k resistance in the coming week, which opens the path to the ATH of 69k.
INDEX:BTCUSDLong
by FieryTrading
11
🔥 Bitcoin Looking Very Bullish: Cup & Handle Bitcoin has been performing extremely well over the last two weeks. In previous analyses I wrote that I expected the ETF to be a longer-term top. We dropped over 20%, but I expected we would drop to the 35k-30k area. Yet here we are, retesting the pre-ETF launch resistance merely a month later. As of now, it's more likely than not that BTC will make new highs in the near future. Price action is strong, and so is the stock market. However, there's a minor risk in the very near future, which is the very overbought RSI. With a 4H RSI at 83 points, it makes it risky to step into a short-term long position at the moment. I'm expecting the price to correct a couple of percent to let the RSI cool down a bit. This would be a great entry for a longer-term swing position, since there's a high probability that BTC will break through 50k with force on the next leg up, creating a nice cup & handle pattern.
INDEX:BTCUSDLong
by FieryTrading
20
EURCAD - Wait For The Bulls 🏹Hello TradingView Family / Fellow Traders, On Daily: Left Chart EURCAD has been bearish but it is currently approaching a robust support zone so we will be looking for buy setups on lower timeframes. On H4: Right Chart 📈 For the bulls to take over, we need a momentum candle close above the last major swing high marked in red. 📉 Meanwhile , EURCAD would be bearish short-term and can still trade lower inside the daily support. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
by TheSignalyst
Yemi_Fx1 | Short Opportunity on USDJPY After three weeks of consolidation, USDJPY finally erupted, driven by the NFP release. This impulsive move respects the 90% rule. However, the recent price action has formed a double top pattern, suggesting a potential reversal to the downside. Based on the technical setup and potential reversal, I am biased towards a short position on USDJPY. I'm anticipating for continuation pattern for the move of price to the nearest support level at price 146.539 If you found this helpful please support your fellow trader with a like.
Short
by Yemi_Fx1