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...
Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Rising Wedge
📌 Symbol/Asset: RELIANCE
🔍 Description: Stock is making rising wedge on a smaller timeframe.
Reliance is around curve resistance shown in the previous post.
Reliance resistance is around 2980-3030
Connecting the dots shows Reliance should fall from here on.
👉 Disclosure: We are not SEBI...
Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Curve Resistance
📌 Symbol/Asset: RELIANCE
🔍 Description: Reliance is near the resistance of curve on a weekly timeframe.
We can see correction of upto 15-20% from this prices.
Resistance is around 2990-3020 and Reliance stock should fall from these prices.
👉 Disclosure: We are not SEBI registered analysts,...
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,...
This is the potential Inverse Head and Shoulders pattern which we could see playing out on $BINANCE:BTCUSDT.
For this, we would want to see a higher timeframe close above the $43.5-44k region
MATIC has been trading relatively bullish alongside Bitcoin's recent push upwards. However, MATIC seems to aim for a retest of the bottom support, which would be a great place for a high risk-reward entry.
I'm anticipating BTC to push through 50k in the near future, which will naturally be great news for alts. MATIC could reach 1$ again in the not so distant future.
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...
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...
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...
After 6 weeks of bearish price action, ADA has broken out of a bearish triangle pattern. Boosted by Bitcoin's bullish move, investors are flocking to ADA and are potentially pushing it back to the December 2023 highs.
In order to optimize the risk-reward, we're keeping the SL relatively close.
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...
With the exceeding of 43.8k usd which is the maximum achieved last week, an attack on the most important resistances could take place or perhaps directly at the maximums achieved in January, this or next week. The hammer from two weeks ago, which requires confirmation, needs a close higher than this high taken into consideration today, because at that point the...
With H4 and Daily trend
There is a pattern on M30
There is a double top with a divergence
Stop loss is above 0.53
The target is 0.5245
Quick trade as risk to reward is not that much
There is a beautiful price action in Reliance from past 1100 days and We see beautiful support at the bottom and we can see rejections at the top. The breakout is good and after retrace , the volumes are strong and it moved good. It moved 7.7% after retracing for 2 weeks.
Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Falling Channel
📌 Symbol/Asset: PAYTM
🔍 Description: Stock is falling from 1000 and stock can correct upto 300 levels.
250-300 support would be the best level to buy for paytm
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
This trade is the start of a fall for SPX. There is a pattern on H4 and multiple signals for us to sell this trade as it is Non-Farm payroll tonight, and I believe it will be the start of an economic crash based on the data and the analysis of the technical side. Stop loss should be above 5020, and the target of 4840
In the rapidly evolving landscape of financial markets, Artificial Intelligence (AI) has emerged as a pivotal force, transforming traditional trading strategies into sophisticated, data-driven methodologies. This article delves into the role of AI in identifying and capitalizing on market trends, focusing on recent successes in detecting bearish stock patterns in...
