NOT/USDT Bullish Global 3rd Elliott WaveWithin the ascending channel, a five-wave impulse and an ABC correction have been completed, reaching the 0.618 Fibonacci level. The price has encountered the first resistance level (res).
Based on the fractal from the initial five-wave pattern, there is potential for growth towards the upper boundary of the channel, into the Fibonacci zone 1.236 - 1.382. From there, an ABC correction is expected towards the Fibonacci zones of the second subwave 3(2) of the global third wave. Subsequently, I anticipate the formation of the first subwave of the third global wave 3(3-1).
The Alligator indicator shows an upward trend. There is a support level (sup) below. The scenario will be invalidated if there is a breakout and consolidation below the support zone (sup).
Acsendingchannel
FLOKI LONG IDEAFLOKI is in bullish trend.
As the market is consistently printing new HHs and HLs.
FLOKI is currently trading in a strong bullish ascending channel and is now retracing after the last HH, which is also the 0.5 Fib retracement level and local support zone as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
we will enter at 0.20203
POLYGON close to channel support 🚀As I mentioned in my previous analysis ✔️
the price has started to gain and hit the channel resistance 💣
and now
become close to channel support again ✔️
so
we expect gain for the price, at least to the resistance area located middle of the ascending channel 🚀
if
the price breaks the resistance area to the upside, we can expect more gain at least to our channel resistance 🚀🚀
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋
comparison between Bitcoin and USDT dominanceHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
USDT.D :
USDT dominance shows us investors inclination to change their coins to USDT, and vice versa.
here we see a contradiction between BTC chart and USDT.D chart.
USDT dominance shows a strong ascending channel breakout but BTC price still is moving in it's parallel channel .
USDT dominance shows people changing their USDT to coins.
According to week downside moving of BTC , I expect finally BTC breaks upside the descending channel . Also, I think the price in printing wave 5 as ending channel.
if BTC breaks upside the parallel channel , it is a good opportunity to buy Bitcoin .
Please wait until the BTC channel breaks.
Ford Motor Co. (F) Overall Macro Trends & Bullish Case for ATHsThis a fairly long video on Ford Motor Company NYSE:F and the overall macro trends I see in its market. I am long on Ford and this is my bullish case-video and DD. I hope you enjoy! NYSE:F . This is also my first voice over video, so please be kind and let me know if there is ANYTHING you disagree with on the charting aspect of the video or otherwise.
Identified:
1. Falling Wedge
2. Ascending Rising Channel
3. Ascending Broadening Wedge
4. Levels of Support
5. Levels of Resistance
6. Breakout Zones
7. Overall Options-Chain Sentiment
Tools Used:
1. Trading View
2. Google
3. Unusual Whales
4. www.ford.com
5. My brain
Indicators Used:
1. Weekly Candles to find levels of support and resistance - keeping it simple
Could Ford be on the verge of a breakout? How is Ford fitting itself into the EV future? What does the big money say about Ford?
After careful study of Ford NYSE:F I have come to a bullish conclusion that this stock is getting very close to all time highs. There are 3 major overall macro BULLISH patterns at play that I have highlighted in my video.
1. Falling Wedge
2. Ascending Rising Channel
3. Ascending Broadening Wedge
NYSE:F
We are possibly about to enter into a breakout zone with NYSE:F as a Broadening Wedge breakout is forming right now. This Broadening Wedge breakout could propel Ford out of its Ascending Channel, which itself was used to thrust Ford out of its Falling Wedge. This is my mind is BULLISH. Please watch the video for more details on my case of Ford reaching new ATH and when that could potentially happen. Any feedback is greatly welcomed!
I am long on Ford F
BTC Ascending Top PatternEver since BTC has been dipping hard since around May 10th, speculators, Hodlers, and investors have been looking for the light that shines toward the top again. The recent rally suggests this may be so.
BTC has been achieving consecutive ascending tops for a little over a month. Reaching the 0.78 Fib line indicating it regained most of its price range since May 10th. Although the head and shoulders pattern might (((appear)))) to be invalidated. I remain neutral in a macro view. But hopeful :)
Disclaimer: The opinions expressed are amateur opinions.
GBPUSD Ascending Channel Trend Angle Analysis #2Welcome to my second trend angle analysis for GBPUSD. Previous trend angle buy analysis was a huge success. Presented is a 1hr sell analysis within an ascending channel.
Within my set chart dimension the trend angle sell off top channel resistance is around 21-22 degrees. Given continuous pattern I sentiment a bottom channel support retest which lines up with our established support at 1.39500.
Currently we may see a slight pullback to dive back into our sell off to bottom support channel. A breach of top channel resistance tells us a significant long-term continuation in play to set a night high, passing our April 2018 highs.
Our current indicators sentiment a sell off of some sort. MACD/SIGANL completing a diversion to shoot for the 0 line. Our RSI is looking to drop for a reset to enter back into the overbought zone once we have a bottom support retest.
Attached is my previous analysis using this strategy. Please comment with thoughts and ideas. Thank you.