Trust Wallet Token (TWT) forming bullish BAT for upto 29% pumpHi dear friends, hope you are well and welcome to the new trade setup of Trust Wallet Token (TWT).
Previously we caught almost 20% pump of TWT as below:
Now on a daily time frame, TWT is about to complete a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Bat
Correlation Matters No More
For the longest time, I've been saying that the correlations between the currency pairs have been weakened.
Traders have asked me why I have NZDJPY and NZDUSD in my portfolio. Doesn't it move in the same direction?
Over the years, these correlated pairs move pretty differently. And recently, the WTI and Gold have no longer moved in an inverse relationship.
So yeah, I'm treating them as their own.
Although both the 4-hourly and 1-hourly charts show buying opportunities through a potential Bullish Bat Pattern and a Bullish Shark Pattern, I'm more interested in waiting for a shorting opportunity on the 5-0 Pattern.
What's your take on the NZDUSD?
Bullish Run PersistI don't see how the USDJPY movement will turn bearish this week. I will focus on the buying opportunity at the support at 143.20 or a trendline retest. Both would require a Magic Candle Confirmation before engaging in the trade.
If you are waiting for a counter-trend trade, the Bearish Bat Pattern on the daily chart(right) 149.12 seems like a better trading setup than the AB=CD Pattern.
SafePal (SFP) formed bullish BAT for upto 14.50% pumpHi dear friends, hope you are well and welcome to the new update on SafePal (SFP) token with US Dollar pair.
Previously we caught a nice trade of SFP as below:
Now on a 4-hr time frame, SFP has formed a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Fantastic OpportunitiesAs the WTI or US Oil is on a sideway movement, it creates fantastic trading opportunities for counter-trend traders like myself.
There are 2 approaches I'm looking at in the following week. A Bearish Gartley Pattern at X, a shorting opportunity on the 8-range bar chart, or a Bearish Bat Pattern on the 4-hourly chart.
The important candlesticks confirmation on the Gartley Pattern at X requires the next candlestick to touch 71.47 before the pattern is valid; failure to do so, I'll be waiting for the Bearish Bat Pattern.
Magic Candle has to appear at 72.94 for the Bat Pattern on the 4-hourly chart(right) to be valid.
This is how trading should be. Plan your trade, and wait for candlestick pattern confirmation before engaging the trade.
What's your trade plan for WTI?
Support BrokenIf you had read last week's analysis, you would know I've been waiting for a buying opportunity on Major Support.
Now that the Support has broken, I'll be waiting for a shorting opportunity, and what is needed is a retest of previous support(1.3305), which turns resistant.
A better way for me to engage the shorting opportunity is to wait for the Bearish Shark Pattern that completes at 1.3321.
What's your trade plan for the USDCAD?
Binance Coin BNB - Going Bull - Last CrashBinance Coin doesn't seem to show the same Bearish patterns as the rest of the Cryptocurrencies.
It appears that it's one step behind on the Bearish Stance.
But can start flying now? YES!
It met all the necessary requirements.
However, if another last bear leg comes, it might as well catch up and reach the Demand Zone in a fast manner.
I'm saying that because when this "thing" drops, it does massive candles.
So, I'm taking my time with BNB .
An awesome level would be $80 , a dream come true for every HODLer out there.
Let me tell you why!
Binance Coin ( BNB , BNBUSD , BNBUSDT , BNBBUSD ) Technical Analysis:
* Elliott Wave Impulse: SuperCycle (a) (turquoise)
* A-B-C Zig-Zag Correction: Cycle Degree (a-b-c (red))
* 88.6% Fibonacci Retracement
* Harmonic Pattern: Bullish Bat
* Bullish Divergence
If that last bear comes, I will add some more to my portfolio.
Moon was just a dream, Mars is a desire.
The real destination: Interstellar.
Stay strong my fellow HODLer.
Richard, the Wave Jedi.
Bitcoin will go DOWN by 🦇Bearish Bat Harmonic Pattern🦇(15-Min)Bitcoin is moving in ascending channel for a few hours⏰.
Also, Bitcoin created the 🦇 Bearish Bat Harmonic Pattern 🦇 near the 🔴resistance zone($ 27,350-$ 27,260)🔴; the confirmation sign of the D point of the pattern can be the creation of the Shooting Star candlestick pattern above the ascending channel and near the resistance zone.
I expect Bitcoin to start its downward trend again in the coming hours after breaking the lower line of ascending channel.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
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.
The Ultimate Destruction of Ethereum NearsETH right now looks to have formed a Logscale Bearish Dragon on the Monthly and right now is showing Weakness at Resistance if it breaks down this Bearish Dragon we will see it come to the 0.618 Retrace below as a target one for the Bearish Dragon but this could also lead to a Log Scaled Bearish Bat Action Magnet Move down to the 0.886 Retrace.
I believe Money will move out of ETH and into coins like Litecoin, RVN, HBAR, among a few others.
STRONG Long IdeaSpotted bullish Bat pattern, that can give you up to 97% in profits, wait for entry at 7$ retest over MA200 (Green Line). Stop lost -7%
This trade is HIGH RISK Use ONLY 1% of your Portfolio.
Kava Lend (HARD) forming bullish BAT for upto 49.50% rallyHi dear friends, hope you are well and welcome to the new trade setup of Kava Lend (HARD) with US Dollar pair.
Previously we caught a very nice trade of HARD as below:
On 4-hr time frame, HARD is about to complete the final leg of a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Combo Trade with RiskThis trading setup provides 1 of the Best Profit Factor. But because of how the candlesticks interact on the PRZ(rectangle box) it is also the most dangerous trading setup.
On the 8-range bar chart, there's a Deep Gartley Pattern setup, and on the 4-hourly chart, a Bat Pattern setup.
Both setups is now resting at X.
If you are new to trading, avoid this trade. If you have not traded Oil before, reduce your position sizing by at least 5x.
It is better to missed a trade than to enter a trade you shouldn't have.
TCS: Bullish Bat Spring Backtest with Hidden Bullish DivergenceThe Container Store on the weekly timeframe is potentially Backtesting the Spring of a Range and is showing what looks to be Hidden Bullish Divergence on the MACD at the PCZ of what would be a Bullish Bat.
Bitcoin (BTC) formed bullish BAT for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC)
Recently we had a nice trade of BTC as below::
Now On 4-hr time frame, BTC has formed a bullish BAT move for another bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ChargePoint After Filling a Gap is Back at the PCZ and Ice LineChargePoint has come back to the PCZ of the Bullish Bat and The Ice Line of the Range; presumably to fill a gap that it had created several days ago when it gapped up from this level.
Now that the gap has been filled, I would expect to see this level hold much the way it did last time and go for the Bullish Breakout of the Descending Supply Line from which could in time lead to it trading up to anywhere between $20 and $30
IOTA formed bullish BAT for upto 26% pumpHi dear friends, hope you are well, and welcome to the new update on IOTA (MIOTA) coin with USD pair.
Previously I shared a long-term trade setup of IOTA, which is still in play:
Now On daily time frame, IOTA has formed a bullish BAT move for another bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.