After bouncing off the bottom support, Bitcoin seems to have regained short-term bullish momentum. In this analysis I want to discuss the potential H&S pattern that BTC is forming in the near term. My longer-term view is still bearish, but that doesn't mean we can't get a bounce here and there. In my eyes, there is a potential for BTC to move further up. The odds...
Over a month ago I made an analysis on MANA where I went in detail on this trade. Basically, this falling wedge trade has the potential to be a portfolio defining trade with a risk-reward almost 100. As of this week, the trade has been entered. This is a long-term trade with a run-time of likely over 1 year. Patience is key with this trade. My overall view of...
According to the price action and the price patterns ,finally gold will buy .gold created a triple bottom and it will made a huge rejection to the upside till 1935 . if the gold breaks 1935 then the target is 1945 /50 range.on other hand if gold breaks bellow 1915 it will lead gold to move to the hell(1881). But pattern structure will not able to do that.i...
OMXSTO:XMR waiting for a double breakout, entry loading????? OMXSTO:XMR inverse H&S pattern loading inside a triangle pattern. If the market breaks the neckline and the resistance of the triangle pattern we can expect more to the upside. Keep an eye on this. This will be a huge thing near future if the above mentioned scenarios happened.
✅AUD_USD was trading in an Opening wedge pattern but Then made a breakout which Combined with the fast that the Pair is in the downtrend makes Us bearish biased and we are Expecting a bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
With the market seeing a lot of weakness lately, I'm starting to look at more bearish trading opportunities. In recent analyses I've stated multiple times that my expectation for the remainder of 2023 is bearish. With BTC falling, it's likely that alts will follow. In this analysis I'm looking at SOL's rising wedge formation that also functions as a potential...
📊 Pattern: Symmetric Triangle 📌 Symbol/Asset: Goldiam International 🔍 Description: Stock at pattern's strong support 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
As of a few days ago, GMX has successfully bounced from the bottom support of the falling wedge pattern. With BTC trading sideways, it's likely that alts will see a surge because money flows away from sideways price action. I'm looking at the top resistance of the pattern as a short-term target. Pattern is still bearish, so we're keeping our target close.
🧠By observing the chart, I discovered one of my favorite PA models, and the RSI trading system also gave a long signal. And the wedge support line is strong enough, and I still firmly believe that liquidity is needed as fuel before falling. HOLD👀
✔️Such a PA model also appeared in ETH, and the RSI trading system also gave a long signal at the same time. SL can be placed in 1622. If you don’t know this model, I will make a tutorial and publish it later. 💕Follow me to learn more trading tips💯
In continuation of my previous bearish BTC analyses, I spotted this triangle pattern which has been formed over the last couple of days. Whilst it's a risky trade, the potential short-term gains are big enough for it to share with the rest of the community. I'm waiting for the price to fall through the support, which can potentially signal a further fall in...
so here is my seasonal swing pick balrampur chini you might have noticed that the price of sugar stocks generally rises during winter season & on chart its forming a classical Ascending Triangle Pattern.... here is my plan if it comes near support trendline after a good candle i will enter with 50% and rest on breakout of resistance, Or fully on Breakout Do...
In a bull market, this blue horizontal line represents the lowest closing price between the point after all 6 MA's moved below the point of control and the point where all 6 MA's were no longer below the point of control. This pattern has happened 3 other times in bitcoins history (2011, 2012, 2020, and now in 2023) but has not happened every...
In this analysis I want to take a look at Bitcoin's long-term performance. Specifically, the performance of the last three bear markets and the following bull-markets. I'm omitting data from before 2014 because BTC was still in it's early growth phase and was basically only trading up. As seen on the chart, Bitcoin bear- and bull-markets have been very similar. 3...
HBAR has been trading inside a bullish channel for over a year at this point. This trade assumes that the channel pattern will continue to play out in the future. I'm waiting for more bearishness for this token. Ideally, we're going to move down towards the bottom support of the pattern. Placing an entry at the support, SL below the June lows with a target at the...
Short position I took on EURNZD this week for a breakeven. All details explained in the video, some key details on my reason for management and also the timeframe usage to ensure I was executing according to my plan.
currently gold is trading in a bearish wedge pattern n D1 chart.Also it has been reacting for the 1910-1912 very strong resistance and the EMA 200 was supporting for the rejection the situations like this what we can expect the higher rejection to the upside is possible .if gold trade above 1920 and behave steady above that area will move gold to 1929-30 strong resistance
This can be a potential triangle pattern. It is drawn two lines between the strongest and most recent reaction zones. I think the price will bounce back up to create a third touch in center where the two lines crosses before making its way down in the major trend.