SNX/USDT: Accumulation zone!As shown on chart SNX is trading near its confluence area, and forming a rounded bottom structure on daily time frame signifying the upside potential is good for the coin.
I'd say its good time to accumulate, if market will provide good liquidity this coin has further more potential.
Key levels mentioned on chart
Bottom
Double Bottom on 1hr/4hrDouble bottom setup appears on the 4hour chart as well as the 1hour chart. Cautious of a likely sell due to China lockdown slowing down economy. Be on the lookout!
JASMY hit rock bottom! Potential long term uptrendIt is not a difficult task to draw a Fib Retracement on the daily chart and explore potential genesis understandings, specially on an asset that has a relatively short history.
Jasmy has clearly hit rock bottom, and now we know where we are and where we will never be again: 0.0100
At the current stage, we can consider a potential yet unclear double bottom. Daily chart is definitely bullish although I would suggest caution when trading Jasmy as Bitcoin does have more negative than positive effect on Jasmy trend lines.
Best trades are long term for maximum gains. Think quarterly at best.
In conclusion, JASMY is a long investment strategy at this point with significant opportunities for scalping.
Bitcoin back below 40kPlan is to return back below 40k.
Invalidations are clear, set in place above 42.2-42.5k area.
Currently is matching up with the 200 EMA on 2/4 HR timeframes that matched the fractal of the sell off at 64k.
A lot of different aspects meet the criteria for this to continue downwards.
Goodluck.
AMD: Is it the time to BUY the DIP? Let's see...Hello traders and investors! Let’s see how AMD is doing today!
First, in the 1h chart, AMD is in a clear bear trend, but there’s hope it could reverse soon. For the first time since it was trading at $ 125, it is actually breaking the 21 ema, and we do have the beginning of a bullish structure.
The black line at $ 98.38 is the most important resistance for us, as if AMD breaks this point, it might trigger a Rounded Bottom chart pattern. By triggering this pattern, the next targets on AMD will be our gaps (yellow squares). The $ 106 seems to be a strong resistance, but the optimal target would be the $ 118 (last gap).
In the daily chart, we see that AMD is trading at support levels, and any reaction here would be amazing, as the Risk/Reward ratio always favors the bulls when we are near support levels.
What’s more, AMD is far from its 21 ema, so it has some upside potential if it reacts. The only thing that could make AMD turn barish again would be if it loses the $ 92 area, so we must keep our eyes open. We have some possible bullish structures that could justify buying the dip, but to me, we must wait for more confirmation.
It is a delicate situation, but if we pay attention to these key points, we’ll be fine. I’ll keep you guys updated on this, so remember to follow me to not miss any of my daily analyses!
GBPNZD | Possible Bullish ScenarioGBPNZD created a Rounded Bottom pattern as we see on the 4H chart.
The Price is about to break the Neckline level ( around 1.93680 ).
Entry Point will be perfect in this setup after the 4H candle close above the neckline level.
Don't Forget: "The Market Is Always Right"
So nobody can predict the market, good traders only react to it. Good Luck!
Top and bottom prices with dates for Bitcoin - based on pastThis is my analysis for long term Bitcoin prices. In my opinion Bitcoin is very highly manipulated and the price will be be driven down in 2022 only to be pumped again after the next halving event. At this point Bitcoin is a wealth generating scheme that rewards those who buy low and sell high or just hodl and takes from fools who buy the top during a media driven frenzy.
This model is based on time periods and % changes in price of last 2 "cycles" of highs and lows. Did you know that from the lowest price value after the 2013 BTC top, so in January 2015 till the highest price in December 2017 (19k) past 1064 days ? Guess how many days past from bottom of bear market in 2018 till top in 2021. 1064 days. Coincidence?
Crypto Index bottom has been formed ⁉️💎Bulls won the battle at our projected support. There were a bounce off the simple uptrend trendline and 61.8% Fibs at 242,000.
💎During the past week CIX has been consolidating between 239-257k. But today we can witness an attempt to break above the downtrend trendline.
💎If/when CIX breaks higher, ...
DOT: BUYING HERE IS A VERY LOW RISK AND HIGH REWARD!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this DOT/USDT update. DOT looks very promising here and looks like hovering near the bottom.
DOT is trading inside a symmetrical triangle in the 2-day time frame. Currently, it is moving near the lower trendline of the triangle. So buying here will be very low risk. Buy some now and add more in the dip.
Entry range:- $17.5-$18.5
Target1:- $22
Target2:- $26
Target3:- $32
Target4:- $38
SL:- If any 2-day candle closes below the triangle or closes below $17 then I'll exit.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
AMD: Is it a buy right now? Let's see what the charts say.Hello traders and investors! Let’s see how AMD is looking today!
First, in the 1h chart, it is doing a good bullish reaction. It seems we have a Rounded-Bottom after a massive sell-off, and this indicates that the bears are starting to get exhausted, and it is trading at discounted levels.
To me, AMD could hit the $ 124 again, however, I’ll set a target at $ 118.60 (the gap area, as evidenced by the yellow square), if it breaks the $ 110.57, and trades above it for a while, consolidating a reversal.
Trading above the $ 110 would be interesting because the market may see the last bullish leg just as a retest of the 21 ema to drop more again, aka Dead Cat Bounce.
What’s more, by breaking the $ 110 it has decent chances of breaking the 21 ema as well.
In the daily chart, we see that AMD is dancing around the 61.8% Fibonacci’s Retracement, and if it closes above it in the next few days, I’ll see it as a sign of strength. The 61.8% retracement is at $ 110 as well, reinforcing our thesis that this is the most important price level to break.
We can see the Gap in the daily chart too, and this is why I think it is a relevant target to work with.
I’ll keep you guys updated on AMD, so remember to follow me to keep in touch with my daily analyses!
AAPL: Did a Rounded Bottom above our support level! What's next?Hello traders and investors! Yes, AAPL found a support level at the $ 172 area, the support level I mentioned in my last analysis, and it is reacting nicely since then! Let’s see what’s next for us.
First, the pattern AAPL did last Friday is called Rounded Bottom, indicating some bullish reaction. This reaction was good, but AAPL is not completely bullish in the 1h chart yet. Since we lost the green trend line, AAPL looks exhausted, and that’s fine, as it recently had an incredible rally – one of the best in the last 20 years.
To me, AAPL must do a clear bullish pivot point in order to fly again, as the $ 179 is there, and this point could be an annoying resistance which I doubt the Rounded Bottom alone will defeat.
In the daily chart, the correction was quick and short-lived, and it didn’t even hit our support levels at the 21 ema, or the $ 168. To me it could’ve corrected more, and it still could, but we must lose the $ 172 in the 1h chart before assuming this. Remember: always wait for confirmation.
Either way, the trend is clearly bullish in the daily chart, and we don’t see any bearish structure that could trigger a pullback or a reversal on it.
To me, the 1h chart is going to dictate what’s going to happen next, and the most important support level is the $ 172, and as long as AAPL stays above it, it won't turn bearish. I’ll keep you guys updated on this, so remember to follow me to keep in touch with my daily analyses!
ETH/BTC Looking Bullish! Alt Szn incoming? ETH is at local resistance + a high volume node, trying to break out and confirm an Adam & Eve bottoming pattern and continue it's macro uptrend. If it breaks above this area, there is lower volume above which means it will face less resistance if/when it moves towards the upper trend line. We're also seeing increasign volume on increasing price - also bullish.
ETH/BTC chart is important, not just so you can balance your long-term portfolio towards whichever is outperforming,
but also because ETH/BTC is a powerful indicator for the strength of Altcoins, in general. When ETH rallies (and BTC.D falls), alt season is on-- so don't focus solely on ETH; there will likely be other coins & small caps that outperform it in these mini alt cycles, if you know where to look.
It's hard to ignore the doom and gloom of macroeconomic factors that have beaten down the markets recently, and those of us who have been around since 2017 may be suffering some PTSD from the hopium rallies at the start of the long bear market, but there's good reason to believe we wont see such a long/devastating bear market again. Nobody knows, so try to focus on the PA.
Charts are looking bullish, so maybe it's time to be bullish. Even if it's short term, there's lots of good trading that can be done in these mini cycles. just keep stops in place and don't get rekt.
happy trades
CD
$GALA 4h_lng_trlngstop tp01: 0.30$GALA long in play.
Adam and Eve / Rounded bottom
Filled at MA cross.
Employ trailing stop.
tp_01: 0.30
ADA is gonna Reach 1.8$ One way or another.🌳ADA has been able to form a Rounded Bottom and It has not been Broken Yet but we can Hope It happens Soon and Satisfy Holders ! There are 2 Bullish Scenarios, One Is That The Price would Start to Increase From Here and reach 1.8$. another one is that the Price wouldn't be able to Break this Pattern and would Want to Do a Little More Correction.In that Case a New Pattern Will be Created which Is called a Cup and Handle Pattern.This pattern will Result in the Same achievement and The Expected Price (1.8$). So In Summary The Price Is gonna Reach 1.8$ one way or another.
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Thank you for seeing idea .
Have a nice day and Good luck
ZIL can Reach 0.08$ and there are 2 Bullish Scenarios!🌳ZIL Has been able to Form a Rounded Bottom! Right now There are 2 Bullish Scenarios. One Is that a Bullish Break out Happens Right away & The Price would Increase as much as the Measured Price Movement (The Length Between The Top & Bottom of The Rounded Bottom) another one Is the Price would Do a little more Correction Before Ascending further. In That Case The Price will Create a Cup and Handle Pattern and After That The Price will Be able To Increase . In Both Cases We can Expect the Price to Reach around 0.08$ Which Is a Pretty Strong Resistance as well.
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Thank you for seeing idea .
Have a nice day and Good luck
My wishful thinking analysis of Vechain VET-USD hopium VET-USD
I've projected the moving averages to illustrate how long will take VET to start going up again.
hopefully, October will be our bullish month.
I also traced FIb extension to mark my targets. $1.20 will take at least a year.
Finger crossed hahaha.
I want to hear what you think.
Cheers.
Top or bottom ? - MAJOR confluence in index futures:Chart shows the combined 3 index. They are weighted so that a 1 point change will imply the same change in $ terms. (For weights see www.barchart.com
In the red box is a confluence of:
Support from 3mo chart (previous 2 candle) in purple
POC of Volume Profile
0.5 Fib of recent HH and LL.
Redbox marks current swing high and low
The Prediction:
Expansion of range
Direction: I assume random