Alikze »» OP | Ascending channel🔍 Technical analysis: Ascending channel
- In continuation of the analysis presented in the previous post, after dealing with the descending channel, it was corrected for a while. which led to the completion of correction leg C. Finally, the modification leg in the range of PRZ-1 met with demand.
- Currently, it is moving in a short-term ascending channel.
- Due to the exit from the medium-term downward channel and pullback to it, an upward trend has been formed.
- Therefore, I expect it to move upward in this channel and continue its growth until the supply range.
💎 Alternative scenario: If it does not have the ability to exit the golden zone and faces the weakness of the trend, the correction can continue until the origin of the movement.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:OPUSDT
Asendingchannel
Alikze »» GRT | Wave 3 or rising C scenario - 1W🔍 Technical analysis: Wave 3 or C scenario in the ascending channel - the target of the previous major ceiling - 1W
- In the previously presented analysis , a bearish flag pattern was observed, after which the BINANCE:GRTUSDT currency entered a correction phase, which was completed by the size of the correction flag bar in the Buyer Zone box.
- As can be seen, the weekly and daily timeframe is moving in an upward channel.
- Currently, a descending channel has been formed inside the ascending channel, the descending flag pattern has been completed in the Buyer Zone.
- Now, according to the current momentum, it can touch the neck line area in the first step.
💎 In addition, an AB=CD pattern has been formed, and the above modification is a response to the mentioned pattern.
- So it can include a motivational wave in the form of wave 3 or bigger C, which can crown the previous major ceiling.
⚠️ Note: It should be noted that if the bottom area is touched before, the ascending scenario will be invalidated and must be updated again.⚠️
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:GRTUSDT
Alikze »» GMX | Ascending Channel - 1H🔍 Technical analysis: Ascending Channel - 1H
- It is moving in an ascending channel in the one-hour time frame.
Due to the formation of a Double Top pattern in the range of 24 dollars, it has faced selling pressure.
Therefore, it can face demand by continuing the correction in the OB area of 22.40 or by pulling back to the previous ceiling.
- So, in the case of a pullback to the previous ceiling and the OB zone of $22, it can face demand and continue its growth up to the supply range of $25.
🟩 Support ranges: 22.27 - 22.40
♻️ Return zone: 21.68
⛳️ TP: 23.44 - 24.20 - 24.60 - 25 -25.40
⚠️ In addition, if it penetrates and stabilizes below the range of 21.68, the bullish scenario will be invalid. Therefore, as long as the candles are above the range of 21.68, the upward trend can continue. ⚠️
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:GMXUSDT
Alikze »» ENJ | Ascending channel - 4H🔍 Technical analysis: Ascending channel - 4H
- It is moving in an ascending channel in the 4-hour time frame.
- A Double Bottom pattern is formed in the range of the green box by creating higher floors (HL).
Meanwhile, the creation of higher ceilings (HH) can be met with a correction in the 0.14 zones or the bottom of the channel with demand and create a newer ceiling (HH) up to the supply zone.
- Currently, in the middle range of the channel, it can continue its growth with a correction in the range of 0.14 to the supply area.
💎 Alternative scenario:
In addition, if there is a stabilization below the 0.14 candlestick area and if the correction continues up to the specified areas and the green box, there is a possibility of breaking the green box area.
Therefore, if the correction is sharp, the bullish scenario is invalidated and can form a new floor.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
BINANCE:ENAUSDT
can GOLD break the channel resistance to the upside? 🚀Hello 🐋
Based on the chart, the price is close to the channel resistance zone ✔️
if
the price doesn't break the support zone to the downside, we will see more gain and breakout of the ascending channel
at
least to our upper trend line resistance 💣🚀
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
EMUDHRA - Ascending channel pattern All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
BTC ON THE WEEKLY RISING WADGE VS RISING CHANNELBack in october i drew this rising wadge and i completely forgot about it.Since than we got our third touch point and big bounce from it on the fourth of december.This rising wadge goes back from 2017 Bull-run and has multiple touch points on the upside and 3 touch points on the downside.
But we also have this rising channel and 3 perfect touch points on the downside and 2 on the upside becouse of that i got in long position at 33k.
What to do if we get rejected from the rising wadge? The answer is simple,i am going out from my long position and wait for rsi on the weekly to go slightly below 30 whith has idicated bear market low back in 2015 and 2018.However if we break back in i think flying to the moon is very likely to happen.
What do you think about my opinion?
If you like my ideas please follow me and like the post, i am new to Treadingview but i have 6 years expirience in trading.
BTC TO THE MOON!
ETHEREUM close to channel resistance 🧨Here the price broke the the previous ascending channel and made a new descending channel ✔
and now
the price is close to channel resistance and we expect correction for the price and our target are located on the chart 🧨❌
second possibility
the price start to break the channel resistance here and if satay above this line we can expect gaining for the price 🚀
This is not financial advice, always do your own research.
please, fell free to ask your question, write it in comments below and I will answer.
🐋
Wait for sell signal with USDCADH1 time frame.
Structure: Downtrend.
Break Ascending channel and lower low confirm a downtrend.
Wait for sell signal at 1.25100.
Target is next support at 1.24200.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Wait for retest and sell signal with GBPCHFH1 time frame.
Structure: Downtrend.
Correction wave with Ascending channel.
Breakout Ascending channel at resistance 1.26400.
Wait for retest at this point and sell signal.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
Bitcoin Analyze (Short Term/Timeframe 15min)!!!hi, today until tomorrow what will happen !?
Bitcoin Analyze ( BTCUSDT ) Timeframe 15 ⏰
Please first look at my previous post 👉https://www.tradingview.com/chart/BTCUSDT/Yt4NDtF4-Bitcoin-Analyze-Patterns/
Bitcoin is running on Ascending Channel while this channel is on Descending Channe l (Yellow), also we are seeing a pullback to our lower line of our Symmetrical Triangle .
In addition, I was able to find Bearish AB=CD Harmonic Pattern and I tried to show you PRZ (Price Reversal Zone) + TRZ (Time Reversal Zone// TRZ 3 is our important (upper timeframe)). also, I can see the end of the movement on Stochastic .
Pay attention : This post is for the short-term and please follow my lines, maybe they are useful.
Also, still, I am believing in Bitcoin Long-term Analyze (Monthly Time frame) 📆: Please read this post carefully ( I ❤️ LOVE ❤️ THIS POST(for Jun 9 )😀)👉https://www.tradingview.com/chart/BTCUSDT/PTviG7sS-Bitcoin-Long-term-Analyze-Monthly-Time-frame/
My Suggestion : please do NOT buy Coins for Midterm and Long-term investment until the market finds a way. // if the price goes UP over the Monthly pivot point ( 35060$ ), then we can think about opening Long positions for the Short-term // please follow my lines.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow y our strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Bitcoin Analyze (🎁Patterns🎁)!!!hi everyone👋, first I have to say sorry for my busy chart 🙏, Maybe I have to reward someone who can find the number of my chart patterns 😀🏆.
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
Location 🌊: about the location of Bitcoin , please read my post with the topic ''Bitcoin Analyze (Two Descending Triangle )!!!'' .
Patterns : Still, Bitcoin wants to make Triangles and Channels on our Descending Triangles. if you look at my chart carefully, you can see a Rising wedge that price broke the lower line of it and then price made pullback to the lower line of our wedge== This pullback made another triangle == Symmetrical Triangle .
The price was able to break our Symmetrical Triangle too and now we are watching another pullback to the lowe line of the Symmetrical Triangle. Probably the second pullback CAN continue until The Upper line of Descending Triangle + the lowe line of the Symmetrical Triangle + TRZ2 (Even TRZ1 ). This pullback made Bullish AB=CD Harmonic Pattern.
Live : Bitcoin is running on Descending Channel + Mastercandle ( Candlesticks analysis ) +the middle line of the lower Ascending channel 2 + Price is at TRZ1 . price will make Bullish Gartley Pattern ==Near the lower line of Descending Channel + TRZ2 // OR // Near the lower line of Ascending Channel 2 + Point D (purple// Point D of Descending Triangle ).
Triangles' Target :
Symmetrical Triangle's Target == Around 29340$
Rising Wedge's Target == Around 27560$
Pay attention to our Heavy support ( 316200$ until 30000$ ( Support + Cluster of Fibs+ the lower lines of Descending Triangles ).
RSI Analyze: RSI is running at Descending Channel , also I found Head and Shoulder Pattern on the upper line of our channel, if RSI breaks the necking line, probably RSI will close to our Support Zone .👉https://www.tradingview.com/x/B3aAC81P/
Also, still, I am believing in Bitcoin Long-term Analyze ( Monthly Time frame )📆: Please read this post carefully ( I ❤️ LOVE ❤️ THIS POST(for Jun 9)😀)👉https://www.tradingview.com/chart/BTCUSDT/PTviG7sS-Bitcoin-Long-term-Analyze-Monthly-Time-frame/
My Suggestion : Again sorry for the busy chart, I hope that my chart is useful //please do NOT buy Coins for Midterm and Long-term investment until the market finds a way . // if the price goes UP over the Monthly pivot point ( 35060$ ), then we can think about opening Long positions for the Short-term // please follow my lines .
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
US30 SHORT IDEAIt is hard to predict a short position when you have no more access to higher levels of structure since the Dow is creating new historical levels of resistance. It's only right to make predictions of this pair using its ascending channel that seems to be respected throughout this process rising higher and higher. My best bet is to see what price does at the resistance of the channel and to look for a loss in bullish momentum and a clear indication that sellers are welcoming themselves into the market.