GBPUSD-Weekly Market Analysis-Nov22,Wk2Let me know if this analysis confused you. Comment at the bottom; I like to know.
The entire structure is on a bearish trend; there is an ascending channel that is shaded red, from that you know that my bias is looking for a shorting opportunity. As long as the market movement is kept within 1.1736, the bearish trend is considered very strong.
Failure to do so, I will patiently wait for the market retest 1.2572 for a shorting opportunity on the Bearish Butterfly Pattern setup.
Ascending Triangle
Curve CRV - 2000% profit! (lifetime opportunity)
This is a once-in-a-lifetime opportunity to buy CRV at this very low price because this coin can explode anytime soon!
2000% profit is real, no problem at all. You can buy this coin on the spot market or you can open a long position on the futures market.
CRV is currently ranked #78 on coinmarketcap, so there is a lot of room to go up. The market cap is relatively low.
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.
This setup is amazing from the Elliott Wave perspective because you can catch the third wave of the third wave, which is a dream setup!
The main trendline is breaking out, and wave 2 has been completed. It looks very promising; do not miss this opportunity.
I don't know what about you, but I am buying this coin! You can buy it with a small amount of your funds, if you want to allocate your capital somewhere else.
All-time high resistance is of course a strong resistance, so I recommend taking profits below this major level to make sure you will get filled.
Look at my ideas about crypto's total market cap, Bitcoin, and LDO in the related section down below.
For more analysis, hit "Like" and "Follow"!
AMD: Possible scenarios - A Multi-Time Frame Analysis.• AMD is in a critical situation, inside an Ascending Triangle chart pattern;
• To whatever side it breaks, AMD will look interesting, so let’s work with a few scenarios.
• First, by doing a downwards breakout, it’ll just resume the bearish sentiment (AMD is still bearish, keep this in mind), and the next support around $54 would be just the first target;
• Second, by doing an upwards breakout, AMD will do mid-term reversal, and in this scenario, I see it retesting the next resistance in the weekly chart (blue area), and the 21 ema as well (the 21 ema is dropping, and it’ll be at lower levels in the next weeks);
• Third, if AMD does a sideways breakout it’ll frustrate the pattern, we can’t set targets for this scenario;
• Either way, it is worth keeping an eye on AMD for now.
Remember to follow me to keep in touch with my analyses!
NIFTY50 - Ascending Triangle Breakout ?Key highlights: 💡⚡
📈 Can we consider this as Ascending Triangle Breakout ?
📈 Comment down your views.
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy learning with trading. Cheers!🥂
Ascending Triangle Pattern for dogecoinAfter the purchase Twitter by Elon Musk ,we saw that the long-term bearish trend line of dogecoin was broken upwards. An ascending triangle pattern is formed in the 4-hour time frame. If this pattern is broken upwards, the price will increase as much as the height of the triangle.
Crab Pattern Suggest a Bullish Movement For BTC!🌳BTC was in an Ascending Triangle .This means the Price Can Increase as Much as the Measured Price Movement( AB=CD ). SInce The Break out Has Happened,The Price can Increase Further without any problems. also if we Put Crab Harmonic Pattern on the Chart, We can See That The Price is Capable to reach around 24K$ Pretty Easily.
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🌍Thank you for seeing idea .
Have a nice day and Good luck
Vethor Projection and rising scallop. In this idea I am investigating Vethor and seeing what kind of profit we can project for stake holders of VET. So looks like we got a clean Ascending Scallop and we will see some decent movement. Not a lot compared to other coins, but when you get Vethor free just for holding VET doesn't much matter if the interest token goes up as it is best to take what you can get. If you agree throw me a like and follow me for unique ideas and Charts that keep you in the gains! - Much love to my supporters ND
DOGE - To the moon! Huge bull flag | +5000%
Doge is absolutely ready for a massive impulsive wave to the upside on the macro scale!
The chart is printing an impressive bullish flag on the weekly chart with an ABC ZigZag structure, which is even better.
As you know, I am very bullish on Bitcoin for the upcoming year 2023 and the BTC dominance chart indicates a juicy alt season!
As per my Elliott Wave analysis on the macro scale, we have finished a corrective ABC wave 4, and we are currently starting a final impulsive wave 5.
We don't really know what price DOGE can reach, but I expect the 0.618 FIB or the 0.764 FIB extension from Wave 3 -> Wave 4.
The average transaction fee on DOGE is currently 0.04 USD and the confirmation time is below 1 minute.
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
For more ideas, please hit "Like" and "Follow"!
Maruti Suzuki India Limited - Ascending Triangle Breakout📊 Script: MARUTI (MARUTI SUZUKI INDIA LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY AUTO / NIFTY500 / NIFTY
📊 Sector: Automobile and Auto Components
📊 Industry: Passenger Cars & Utility Vehicles
DAILY TIMEFRAME
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Already Crossover in Double Moving Averages.
📈 Script is giving Ascending Triangle Breakout as mention is chart.
📈 Script is trading at resistance level which is around 9280, technically script is looking good for trade.
📈 Current RSI is around 66.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 9280
🟢 Target 🎯🏆 - 9733
⚠️ Stoploss ☠️🚫 - 9053
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Praj Industries Ltd - Cup & Handle + Ascending Triangle Breakout📊 Script: PRAJIND (PRAJ INDUSTRIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY500 / NIFTY INFRASTRUCTURE / NIFTY SMALLCAP
📊 Sector: Industrials Capital Goods
📊 Industry: Engineering & Construction products
Time-Frame : Daily - Ascending Triangle Breakout
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover .
📈 Double Moving Averages also giving crossover .
📈 Volume is increasing along with price which is volume breakout.
📈 Script is giving breakout of Cup & Handle + Ascending Triangle.
📈 Current RSI is around 64.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 443
🟢 Target 🎯🏆 - 500
⚠️ Stoploss ☠️🚫 - 414
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
KPIT - Ascending Triangle + Cup & Handle Breakout📊 Script: KPIT (KPIT TECHNOLOGIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY500
📊 Sector: Information Technology
📊 Industry: Computers - Software & Consulting
Cup & Handle Breakout
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Double Moving Averages is also giving crossover.
📈 Volume is increasing along with price.
📈 Script is giving Trendline + Ascending Triangle + Cup & Handle Breakout as shown in chart.
📈 Current RSI is around 67.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 605
🟢 Target 🎯🏆 - 684
⚠️ Stoploss ☠️🚫 - 574
⚠️ Disclaimer: DowJones & NASDAQ futures down more than 1% due to US. AUG INFLATION AT 8.3 % V 8.1 % EST. Take position according to your comfort level and conviction.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
$PYR - Time to Break the PatienceHello my Fellow TraderZ,
I'm so sorry for not posting past few days. I've been stucked on to something in my life but now it's all clear.
Let's not waste the time and straight forward coming to the analysis.
As the whole market is throwing GREENERY here & there, I'M just trying to get some.
$PYR #VulcanForged - creating an ASCENDING TRIANGLE pattern. And am expecting this time to break the Horizontal Resistance ~$4.75 and head to the mentioned TPs.
Also, RSI looking to break this TL which would be a boost to the Breakout, couple with Volume and will enter the Trade for handsome 10-20% profit.
Green Trading Fam. CHEERS!!!
UPL*Price has formed and retested the ascending triangle pattern.
Can take the long entry when 708.00 gets break till 721.00 or higher.
Profit of 1% for intraday/swing, in swing hold your trade if it is winning as most probably it will break the 721.
STOP LOSS - near 696.00
NOTE - LOOK VOLUME WHILE BREAKOUTS.
SOL/USDT 4 Hour Chart Possible Ascending Triangle In this idea I see a possbile ascending triangle forming. From what I can see this is a pretty bullish pattern being expressed and we will see if it plays out over the next couple days. Obviously Bitcoin will have to cooperate. The pattern preceding the ascending triangle is the reason for this chart idea as you can see I have no real touches on my lines which I have placed to illustrate what I see. I will update this idea with projections of the top of the this leg of the bullrun in the digital assets market. If you agree throw me a like and follow me for more unique concepts and ideas that keep you in the gains.
JSDA is showing bullish momentum! Ascending Triangle?Bullish cross on the KST where I've placed a blue thumb up.
Bullish cross on the Williams alligator with widening brands to the upside, inherently bullish indicator.
Playing peekaboo with the 200DMA.
A break above the 200DMA & 55c to 70c incoming real quick, maybe entering the cannabis sector is the type of move that will eventually attract volume to the newly CSE listed ticker for Jones Soda. Lots of great reviews on Mary Jones IN California.
Expect strong resistance at 80c if bullish momentum continues into the new year.
LINKUSDT needs to hold the supports!The price is testing the 4h support inside a ascending channel on the daily timeframe.
The price had a big rejection from, the 7.8$ area and now the market is trying to hold the daily dynamic support and static 4h static support as well
How to approach?
IF the price is going to lose the support and retest it as new resistance, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
$ATOM - LONG or SHORT ?Hello my Fellow TraderZ,
The day before I had shared the idea of $QNT forming an ASCENDING TRIANGLE and its possible move.
Similar structure is visible on $ATOM #COSMOS on 1 HTF where price is ranging inside the ASCENDING TRIANGLE and constantly getting rejection from $13.2. Breakout Target would be around 6-11% Profit.
But also it is a bit confusing as it seems like it is also forming a Head & Shoulder pattern with the Trendline as the Neckline. Breaking of the neckline would give us the profit ~ 7-10% on Short.
As a trader our task is to trade on both the sides.
Let's see. Good Luck.
Happy Trading. CHEERS!!!
$CAKE - Will this MELT Down soon!!Hello my Fellow TraderZ,
Few days ago, I have shared my view on $CAKE #PANCAKESWAP on Daily TF, where I had mentioned that Price was ranging inside an ASCENDING TRIANGLE, broke it and coming for the retest for the further upside move.
Today I'm sharing another possibility on DTF where it can be easily seen that the price is forming a Narrow RISING WEDGE Pattern. I'm not saying that this is going to be happen but just a possibility only if the Price unable to hold the current Support Zone .
Keep an close eye on $CAKE as both side RISK:REWARD is very good.
Happy Trading Fam. CHEERS!!!
$QNT - Brewing Up for next HIGHHello my Fellow TraderZ,
On 4 HTF, $QNT #QUANT is forming an ASCENDING TRIANGLE which is bullish in nature. RSI has already broken the Trendline Resistance so waiting for the Price to do the same.
But be a bit cautious as multiple rejections near $142 is clearly showing the strength of the Sellers.
If breakout happens above $142 with strong VOLUME, go for LONG with the price target ~$160.
Trade well FAM. CHEERS!!!