ETH - Next resistance at 2550 with target at 2750BINANCE:ETHUSDT (4H CHART) Technical Analysis Update
ETH price has hit bottom and strongly bounced back from the support zone (from price range of 2300 ). Price already seen a clear bounce back from the support and currently trading at 2400. next resistance at 2550 and if the price breaks that resistance then we can expect price to reach 2700.
Entry level: $ 2450
Stop Loss Level: $ 2250
TakeProfit 1: $ 2520
TakeProfit 2: $ 2600
TakeProfit 3: $ 2680
TakeProfit 4: $ 2750
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
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GreenCrypto
Breakout
Looking Bullish Immediately on Mastercard!🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
Breakout Candle Confirms Uptrend: Higher Levels in Sight for BTChello guys.
let's dive into the monthly time frame of btc analysis.
Breakout Confirmation:
The candle highlighted in yellow, initially suspected to be a "hunting candle," has not confirmed its status as such. With 6 subsequent candles failing to validate a hunting pattern, it is more likely a breakout candle indicating a continuation of the bullish trend.
Scenario Probability:
The more probable scenario suggests a continued upward movement, targeting the next significant resistance level above $72,000.
The scenario where the price touches the lower level (around $42,000) is less likely, given the strong bullish momentum and support levels seen in the recent price action.
___________________________
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PIXEL ANALYSIS (POTENTIAL BULLISH MOVE)🚀#PIXEL Analysis :
🔮As we can see in the chart of #PIXEL that there is a formation symmetrical triangle pattern. Also there is a little breakout. But there is an instant major resistance level and after the breakout of major resistance level we would see a good bullish movement📈📈
🔰Current Price: $0.1360
🎯 Target Price: $0.1710
⚡️What to do ?
👀Keep an eye on #PIXEL price action. We can trade according to the chart and make some profits⚡️⚡️
#PIXEL #Cryptocurrency #BREAKOUT #TechnicalAnalysis #DYOR
what is happening to BTC right now ?! 🐺 "Hello, KIUCOIN family . I hope you're doing well. 🐺
In this analysis, I've decided to explain what's likely to happen to the BTC price in the immediate short term and the long term. Be sure to stay tuned with me until the end, as it's going to be mind-blowing." 🤯
"First of all, let's examine the monthly chart. In my opinion, this is one of the best timeframes, especially for this analysis, because it reveals extraordinary price targets. Let's dive into it :
As you can see on the monthly chart , BTC is between two uptrend curves that have acted as support and resistance since 2015 . These curves are fairly strong, justifying their classification as strong support and resistance lines on the monthly timeframe.
As you may already know, the higher the timeframe we examine, the more accurate results we can achieve. Therefore, the patterns on the monthly timeframe are much more accurate than those formed on the daily or even the weekly timeframe. In this case, we have a clear and perfect bullish flag pattern . This is a bullish pattern, and its main target, which aligns with our resistance line, is around $165,000. 🔥🐺🚀
So let's reveals more details for you dear 🐺KIUCOIN🐺 family :
In the chart above, on the weekly timeframe, we have a clear AB=CD pattern . This is a well-known pattern in harmonic trading and, in my opinion, is quite accurate. Seven out of ten times, these patterns reach their targets, making them a valuable tool for traders .
So I think there is another secret reason for us to pay attention to it :
BTC.D
As you can see in the chart above, BTC.D is currently within a symmetrical triangle, which could also be considered an ascending triangle in this case. It appears to be on the verge of breaking out. In my opinion, if BTC.D breaks through this resistance level, it could be incredibly beneficial for the BTC price , potentially leading to a significant rally up to $165,000. However, this could also be challenging for altcoins and ETH . While they might also experience pumps alongside BTC, these pumps are likely to be less substantial. After such a BTC-led rally, we could expect a massive altcoin and ETH season. So, stay tuned with me until that time, as we could potentially make life-changing money together during this market cycle.
Now finally it's time to take look at the lower time frame :
As you can see on the daily timeframe , if BTC breaks through the orange resistance line , we could consider entering a long position with a target of the previous all-time high. You could also take some profits at a predetermined level and set your stop at the entry point to protect your initial investment. The remaining position could then potentially continue to generate profits, leading to a higher target of $165,000.
I hope you enjoy this idea dear KIUCOIN family , also always remember :
🐺 Discipline is rarely enjoyable , But almost always profitable 🐺
NASDAQ=> Breakout, 19900 next?Hey Traders, in today's trading session we are monitoring NASDAQ for a buying opportunity around 19300 zone, NASDAQ was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 19300 support and resistance zone. Once we get any bullish confirmation a decent target will be 19900 as it's considered the next major resistance NASDAQ will be facing.
Trade safe, Joe.
GOLD → A possible breakouthello guys.
Range-Bound Consolidation: The price has been consolidating within a well-defined range, as shown by the repeated tests of both the upper and lower boundaries (labeled 1 to 6). This range represents a period of indecision or accumulation.
Engulfed Pattern & QML: The chart shows an "Engulfed" candle formation followed by a QML (Quasimodo Level), indicating a potential reversal pattern within the range. This suggests a shift in market sentiment that could precede a breakout.
Potential Breakout Scenario: A possible breakout above the upper boundary of the range is highlighted. If the price action breaks above the current range resistance, a move towards the next significant level around $2,540 or higher could be anticipated.
Key Levels to Watch:
Upper Resistance: Around $2,530-$2,540, which has been tested multiple times.
Lower Support: Around $2,480-$2,490, marked by the range's lower boundary.
Key Points:
Range-Bound Market: The price is currently in a consolidation phase, moving within a defined range.
Potential Bullish Breakout: A breakout above the upper range is possible, with targets towards $2,540 or beyond.
Critical Resistance and Support Levels: Watch for a break of resistance around $2,530 or a drop below support near $2,490.
___________________________
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❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
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ROSE/USDT: FALLING WEDGE BREAKOUT! 70% POTENTIAL PROFIT!!Hey everyone!
If you enjoy this analysis, a thumbs up and follow would be greatly appreciated!
ROSE looks good here. It breaks out from the falling wedge-like structure in the daily time frame and is currently, retesting the wedge. Buy some here or you can long with low leverage.
Entry range:- $0.052-$0.055
Targets:- $0.066/$0.076/$0.086/$0.096
SL:- $0.0465
Lev:- Use low leverage (Max 5x)
What are your thoughts on ROSE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
INJ Long Position (Resistance Breakout)Market Context: INJ has broken a crucial resistance and is showing strong signs of upside momentum, with moving averages beginning to trend upwards. We are looking for a pullback to the new support level around $17.5 to enter a long position.
Trade Setup:
Entry: Enter a long trade around $17.5 (new support level).
Take Profit:
First target: $20
Second target: $25
Third target: $30
Stop Loss: Below $16
📊 This setup is based on the retest of newly formed support and aligns with bullish market indicators. #INJ #Breakout #Crypto
GBP-NZD Will Go Down! Sell!
Hello,Traders!
GBP-NZD made a retest
Of the horizontal resistance
Of 2.1350 and then broke the
Rising support line so we are
Locally bearish biased so
We will be expecting
A further local move down
Sell!
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NATGAS Bullish Breakout! Buy!
Hello,Traders!
NATGAS is going up now
And we are seeing a strong
Bullish breakout of the key
Horizontal level of 2.30$
So we are bullish biased
And we will be expecting
A further move up
Buy!
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GOLD MASSIVE SWING BREAKOUT|LONG|
✅GOLD is trading in an
Epic uptrend and now we
Are seeing a massive bullish
Breakout of the key horizontal
Level of 2530$ which was an
All-time-high too and the breakout
Is confirmed which reinforces our
Bullish bias and after a pullback
And a retest of the new support
Below we will be expecting a
Further bullish swing move up
LONG🚀
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PENDLE Long Position (Trend Line Breakout)Market Context: PENDLE is breaking out of a significant trend line resistance, setting up for a potential move to new local highs. Additionally, there is a strong narrative surrounding PENDLE with BTC restaking, further fueling bullish sentiment.
Trade Setup:
Entry: Enter a long trade around $3.3 (throwback to broken resistance).
Take Profit:
First target: $4
Second target: $4.6
Stop Loss: Below $2.5
📊 This setup looks promising, focusing on the breakout potential and strong fundamental backing. #PENDLE #Breakout #Crypto
VANRY/USDT: FALLING WEDGE BREAKOUT! READY FOR 150% PUMP!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
VANRY looks good here. It breaks out from the falling wedge-like structure in the daily time frame and a retest is also done. Buy some here and add more in the dip.
Entry range:- $0.086-$0.096
Targets:- $0.115/$0.145/$0.187/$0.232
SL:- $0.067
What are your thoughts on VANRY's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Euro can rebound up from wedge to 1.1120 resistance levelHello traders, I want share with you my opinion about Euro. Observing the chart, we can see that the price rose inside the upward channel, where it reached the buyer zone, which coincided with the support level and some time traded in this area. Then, the price broke the 1.0830 level and soon reached the resistance line of the upward channel, after which turned around and in a short time declined to the support line of the channel and at once made impulse up, making a fake breakout of the 1.0830 support level. Next, the price continued to move up and later reached a resistance level, which coincided with the seller zone. After this, the price exited from the channel and broke even 1.1120 level, and then rose a little higher seller zone, but soon turned around and started to decline inside the wedge. In this pattern price broke the resistance level and declined to the support line, after which at once rebounded up to the 1.1120 level and then continued to decline. Now Euro trades near the support line of the wedge and in my opinion, it can rebound up from this line to the resistance level, thereby exiting from the wedge pattern. That's why my TP is located at the 1.1120 level. Please share this idea with your friends and click Boost 🚀
HelenP. I Gold will break resistance level and continue move upHi folks today I'm prepared for you Gold analytics. A few moments ago price declined to the trend line and then started to grow inside the wedge. In this pattern, Gold quickly rose to the support level, which coincided with the support zone, some time traded in this area, and later broke the 2475 level. After this movement, XAU rose to the resistance level, but at once turned around and fell back to the support level. Soon, the price rose to the 2525 level again, which coincided with the resistance zone and some time traded near, after which made a correction movement to the support level, which coincided with the support line of the wedge too. Next, the price at once rebounded up to the resistance level, then soon bounced and fell back, but not long time ago it in a short time rose back to this level. Now, I expect that XAUUSD will break the resistance level, exiting from the wedge too, and continue to move up. For this case, I set my goal at 2560 points. If you like my analytics you may support me with your like/comment ❤️