Bullish Patterns
USDJPY Is Approaching The Daily TrendHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 150.200 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 150.200 support and resistance area.
Trade safe, Joe.
Gold Potential UpsidesHey Traders, in traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2620 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2620 support and resistance area.
Trade safe, Joe.
Coffee Is Getting ExpensiveCoffee is in a massive rally on tight Brazil crop fears and if we take a look at the weekly chart, we can see it trading impulsively higher with space for more gains until it fully completes a five-wave bullish cycle by Elliott wave theory, just watch out on short-term 4th wave pullbacks.
Basic Impulsive Bullish Pattern shows that Coffee can be trading in subwave "iii" of 3 of (3) of a five-wave bullish impulse of different degrees, so more gains can be seen after short-term 4th wave pullback.
ADA Long Spot Trade (Support Zone Retest)Market Context:
ADA has retraced to a major support zone, presenting a solid opportunity for a long position. The current levels align with historical price action, suggesting a favorable risk-to-reward ratio.
Trade Details:
Entry Zone:
Primary: $0.89 - $0.96
Secondary: $0.70 - $0.79
Take Profit Targets:
Target 1: $1.05 - $1.16
Target 2: $1.50 - $1.60
Stop Loss:
Level: Just below $0.60
Rationale:
Support Zone: ADA is consolidating at a robust support area, where price action suggests potential for a reversal.
Risk Management: A stop loss just below $0.60 ensures protection against downside risks while allowing room for market fluctuations.
Potential Upside: The targets align with prior resistance levels and psychological barriers, providing a clear roadmap for profit-taking.
BTC Bullish pain scenarioI've been finding BTC has been following more traditional movements with the higher volumes currently being traded.
Would like to see something where we have a sustained amount of sideways accumulation allowing some more money to flow into altcoins causing mini cycles in sectors.
Would also then expect stops to be wiped out on both sides before BTC continues its move.
Hoping we make it to the 115k-120k region before cooling off.
Lets see whats to come...
HMSTR/USDT: 80% RALLY INCOMING!!Hey everyone! 👋
If this analysis resonates with you, smash that 👍 and follow for more high-value trade setups! 💹
🔍 Technical Overview:
HMSTR is on fire! 🔥 It’s breaking out from a symmetrical triangle, with a successful retest confirming the breakout. The 100MA support is holding strong, further boosting confidence in the move. It’s now eyeing its All-Time High (ATH), making this an ideal time to jump in. Long some here, and keep an eye on the dips for accumulation!
💡 Entry Range: CMP and add more up to $0.00366
🎯 Targets:
Target 1: $0.0043
Target 2: $0.0050
Target 3: $0.0058
Target 4: $0.0069
🛡 Stop Loss: $0.0034
⚙ Leverage: Max 5x (Low leverage recommended)
Why This Trade?
HMSTR is showing strong bullish momentum, and its breakout structure aligns perfectly with classic bullish patterns. With the 100MA acting as a solid support, the risk-to-reward ratio is highly favorable!
💬 What’s your perspective on HMSTR’s price action? Are you seeing the same potential for a rally? Share your thoughts and analysis in the comments below, and let’s ride this wave to the ATH together! 🚀🔥
#ETH Update: Ready for a Massive Move?Hey everyone!
If this analysis resonates, hit that 👍 and follow for more timely updates! 📈
A few days ago, I mentioned ETH bouncing from the $2,900 level, and it’s been progressing perfectly! 🔥 Check the chart for proof.
Currently, ETH is attempting to break out of a descending channel on the daily time frame. Once it confirms a breakout, a rally toward $6,500 could be on the horizon. 🌟
Here’s the plan:
📌 Entry: Wait for a daily close above or buy a portion now and DCA at lower levels.
📌 Targets: $6,000 / $6,500 / $7,000
📌 Stop Loss: $2,980
📌 Leverage: Stick to low leverage for safety.
This setup screams bullish potential! Are you seeing the same? Share your insights in the comments below, and let’s ride this wave together!
ADA/USDT: BULL FLAG BREAKOUT! 50% RALLY INCOMING!!Hey everyone! 👋
If this analysis resonates with you, don’t forget to hit that 👍 and follow for more high-value setups! 💹
🔍 Technical Overview:
ADA is showing strong bullish momentum! It’s breaking out from a bull flag-like structure, with a successful retest confirming the move. The support is holding firm, signaling a potential rally ahead. Now’s the time to long some and add more within the given range!
Entry Range: CMP and add up to $0.98
🎯 Targets:
Target 1: $1.08
Target 2: $1.24
Target 3: $1.36
Target 4: $1.49
🛡 Stop Loss: $0.92
⚙ Leverage: Max 5x (Low leverage recommended)
Why This Matters:
The setup points to a decisive bullish breakout for ADA! With the confirmed retest and strong support levels, it’s looking like an excellent opportunity for traders.
💬 What’s your take on ADA’s price action? Are you seeing the same breakout potential? Drop your thoughts and analysis in the comments below, and let’s ride this wave together! 🚀
AR Long Spot Trade (Support Retest)Market Context: AR has retraced to a significant support zone between $18 and $20, following a rejection around $24. This retracement offers a favorable entry point for a long position, with potential for a rebound toward higher resistance levels.
Trade Details:
Entry: Between $18.00 and $20.00
Take Profit Targets:
First target: $24.00 – $26.50
Second target: $32.00 – $35.00
Stop Loss: Just below $16.00
Rationale: The current support zone aligns with previous price action, suggesting a potential for upward movement. The risk-to-reward ratio is favorable, with a clear stop loss below the recent support level.
Note: Always conduct your own research and consider your risk tolerance before entering any trade.
WIF/USDT: 50% PROFIT POTENTIAL TRADE SETUP!!Hey everyone! 👋
If this analysis hits home, make sure to smash that 👍 and follow for more profitable setups! 💰
🔍 Technical Breakdown:
WIF is showing strong bullish signs, forming a descending triangle in the 4hr time frame. It's bouncing off the lower support level, reinforced by the 200MA—a key support zone. Once it breaks out, WIF is set to rally toward the $5 mark! 📈
📌 Trade Setup:
Entry Range: CMP, and add more up to $2.94
Targets: $3.36 / $3.82 / $4.38 / $4.82
Stop Loss: $2.72
Leverage: Keep it low (Max 5x)
This setup screams breakout potential! 🚀 Are you seeing the same? Drop your analysis and insights in the comments below, and let’s ride this wave to profits together!
BITCOIN BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
BITCOIN pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 6H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 100,888 area.
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USD/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are targeting the 154.089 level area with our long trade on USD/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
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CAD/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
CAD/JPY is making a bearish pullback on the 6H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 109.933 level.
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AUD/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
It makes sense for us to go long on AUD/JPY right now from the support line below with the target of 99.928 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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EUR/AUD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
EUR-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.620 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/AUD pair.
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KDA - Price has hit the floor#KDA/USDT #Analysis
Description
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+ KDA has experienced a significant downtrend, with the price hitting rock bottom.
+ It's seen a 98% correction from its previous all-time high (ATH).
+ We're now observing a slight bounce back from the support zone, indicating a potential reversal in the trend. This presents a good opportunity to go long and capture the reversal.
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VectorAlgo Trade Details
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Entry Price: 0.47818
Stop Loss: 0.35421
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Target 1: 0.64553
Target 2: 0.90276
Target 3: 1.75005
Target 4: 3.67304
Target 5: 5.56133
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Timeframe:1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo
$BTC Heading Down to Claim Support $86,5 - 90kBitcoin appears to be topped out for the short-time being.
EMA9 has crossed below the EMA21 and price has not been able to break above on the 4-hr.
I expect a retest to $86,5 - $90k which the .382 Fib falls between.
Once we get a solid retest and build support in that level we should see our next leg up past $100k