DXY Printing a Bullish Triangle??The DXY on the 1 Hr Chart is forming a potential continuation pattern, the Bullish Triangle!
Currently Price is testing the 99.6 - 99.8 Resistance Area and battling with the 200 EMA and 34 EMA Band. The reaction to this conjunction could be pivotal in who overcomes: Buyers or Sellers.
Now during the formation of the potential pattern, Price on the RSI has stayed relatively Above the 50 mark being Bullish Territory suggesting Buyers could win the Bull-Bear battle.
Until Price breaks either the Resistance Area or the Rising Support, we will not have a definitive direction in which USD will strengthen or weaken.
*Wait For The Break*
-If Price breaks the Resistance Area, USD will strength possibly heading to the 100.8 - 101 Area
-If Price breaks the Rising Support, USD will weaken possibly heading to the 98.5 - 98.3 Area
Fundamentally, it is said China and USA are possibly getting closer to potentially ending the Reciprocal Tariff War going on with both sides willing to negotiate.
With the USA being the #1 Consumer of Goods globally, other economies can not afford us to not buy their things so I continue to see the Tariff War more as a Strong-Arm for the USA to be able to negotiate better terms!
USD News:
JOLTS - Tuesday, Apr. 29th
GDP - Wednesday, Apr. 30th
Unemployment Claims / ISM Manu. PMI - Thursday, May 1st
Non-Farm Employment Change / Avg Hourly Earnings / Unemployment Rate - Friday, May 2nd
For all things Currency,
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Bullish Patterns
TAO ANALYSIS📊 #TAOAnalysis
✅There is a formation of Descending Channel Pattern in daily time frame in #TAO .
Also there is a perfect breakout and retest. Now we can expect a bullish move. If the price sustains the major resistance zone then we will see more bullish move
👀Current Price: $349
🎯 Target Price : $460
⚡️What to do ?
👀Keep an eye on #TAO price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#TAO #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
DOUBLE BOTTOM PATTERN 🚨 DRIFT Forming Bullish Double Bottom Pattern 🚨
DRIFT is forming a bullish double bottom pattern and is approaching a key red resistance zone. A breakout above this level could signal a strong bullish move.
📈 Technical Overview:
Pattern: Bullish Double Bottom
Resistance Zone: Red area currently being tested.
USDJPY: Bulls Eye Key Support as Trade Optimism Lifts DollarHey Traders, We are currently monitoring USDJPY for a potential buying opportunity as price approaches the 143.200 level, an important area that has acted as both support and resistance in recent sessions. Technically, the pair remains in a well-defined uptrend, and this pullback appears to be part of a healthy correction phase rather than a trend reversal. The 143.200 zone also aligns with a dynamic trendline support, increasing the likelihood of a bullish reaction if price holds above this level. From a fundamental perspective, recent developments have started to tilt in favor of the dollar. News of progress toward a trade agreement between the U.S. and India has sparked optimism, as it may lay the groundwork for similar deals with other key global partners. This has been compounded by unconfirmed reports out of China suggesting potential tariff exemptions in specific sectors, which has further boosted investor sentiment and triggered a broader “risk-on” shift in markets. As geopolitical tensions around trade show signs of easing, the U.S. dollar is regaining strength, fueling the case for further upside in USDJPY. Taken together, the convergence of technical support and improving macroeconomic signals presents a compelling opportunity for bulls, provided we see signs of price stability or a confirmed bounce near the 143.200 area.
Trade safe, Joe.
Crucial Level to Watch on BTC.DWe can see that CRYPTOCAP:BTC.D is still in a bullish trend and is currently testing a crucial level, which will determine whether it continues to make a higher high or starts weakening towards its previous low.
The influence of CRYPTOCAP:BTC.D on the crypto market is simple: if CRYPTOCAP:BTC.D moves higher, it means more money is flowing into Bitcoin. For example, if CRYPTOCAP:BTC.D is at 64%, it means 64% of the total crypto market capitalization is in Bitcoin, and the remaining 36% is spread across altcoins like CRYPTOCAP:ETH , CRYPTOCAP:SOL , CRYPTOCAP:DOGE , CRYPTOCAP:PEPE , etc.
Conversely, if CRYPTOCAP:BTC.D moves lower, it means more money is shifting into altcoins.
Strategy when CRYPTOCAP:BTC.D is rising:
You can allocate more into Bitcoin rather than altcoins. Alternatively, you can find altcoins that are outperforming Bitcoin.
How to find altcoins that outperform Bitcoin?
Look for altcoin/BTC pairs, for example: BINANCE:WIFBTC , BINANCE:NEARBTC , or $BINANCE:TAOBTC.
If the price of BINANCE:WIFBTC is going up, it means SEED_WANDERIN_JIMZIP900:WIF is gaining more value compared to $BTC. If it's going down, it means Bitcoin is performing better than $WIF.
Back to CRYPTOCAP:BTC.D :
Currently, CRYPTOCAP:BTC.D is testing the 64.19% – 64.10% zone.
This area will determine whether CRYPTOCAP:BTC.D continues upward or starts to weaken.
To get early confirmation, you can zoom into the 1-hour chart and look for signs of bullish divergence.
If bullish divergence appears on the 1-hour chart, it often leads to a bounce on the 4-hour chart and a potential continuation of the bullish trend, possibly breaking the previous high.
However, if there's no bullish divergence confirmation, or if there's a strong rejection at the support level, CRYPTOCAP:BTC.D is likely to weaken and move towards its previous low.
Ethereum Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring ETHUSDT for a buying opportunity around 1620 zone, Ethereum 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 1620 support and resistance zone.
Trade safe, Joe.
$BTC Bull Trap Clear As DayI’m probably the biggest 3-Year perma-bull on this app, and even I can tell this is most likely a bull trap.
This is either the beginning of the long awaited parabola, or else we’ll correct back down to at least the 200DMA in the next week, or the 50DMA within the next month.
Lack of volume on the move and RSI becoming overheated gives me feels for the latter
Remember, never trust a weekend pump 💯
Bookmark this.
AR Trade Setup – Watching for Market Structure ShiftAR is showing early signs of strength after defending the $5 key level a crucial support that bulls needed to hold. Now, the focus is on a potential shift in market structure around $6, which could lead to a strong upside move.
📍 Entry Zone:
Enter around $6 after confirmation (e.g., reclaim with strong volume or bullish candle close)
🎯 Take Profit Targets:
🥇 $12
🥈 $16
🥉 $22
🛑 Stop Loss:
Below $5
USDJPY - Already Over-Sold!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈USDJPY has been overall bearish trading within the falling wedge pattern marked in blue and it is currently hovering around the lower bound of it.
Moreover, the orange zone is a strong weekly support.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #USDJPY approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD SENDS CLEAR BULLISH SIGNALS|LONG
GOLD SIGNAL
Trade Direction: long
Entry Level: 3,299.27
Target Level: 3,358.08
Stop Loss: 3,259.94
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
USD/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
The BB lower band is nearby so USD/CHF is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 0.814.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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ONE/USDT - Harmoney - 4th Uptrend is just startingBINANCE:ONEUSDT (1W CHART) Technical Analysis Update
ONE is currently trading at $0.01121 and showing overall bullish sentiment
if we look at the past chart, we see ranging market for ONE from past 2 years, the price has hit the accumulation zone and reversing from the zone.
In the past 3 times we saw significant increase in price after hitting the support zone, and we expecting similar move this time.
Entry level: $ 0.01121
Stop Loss Level: $ 0.00765
TakeProfit 1: $ 0.01368
TakeProfit 2: $ 0.01855
TakeProfit 3: $ 0.02727
TakeProfit 4: $ 0.03795
TakeProfit 5: $ 0.05691
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
1000RATS/USDT: 100%+ PROFIT POTENTIAL SETUP!!🚀 1000RATS Breakout Alert – 100%+ Potential Incoming?! 👀🔥
Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯
1000RATS has officially broken out of a beautifully formed Cup and Handle pattern — a strong bullish continuation signal. This setup has been building over weeks and is now looking ready for the next explosive leg.
🔍 Previous move from the same base delivered a 106% pump — and this breakout structure hints at another big potential.
🔹 Technical Highlights:
Breakout above neckline with volume
Holding above EMA support
Textbook Cup & Handle with ascending base
📍 Entry: Current Market Price (around $0.032) and add more in dip
🎯 Targets:
• Target 1: $0.045
• Target 2: $0.055
• Target 3: $0.061+
🛑 Stop-loss: $0.029
⚙️ Risk: Use proper risk management — 3x–5x leverage recommended
💬 Watching closely for follow-through — if momentum sustains, this can be a massive mover. What are your thoughts?
LanzaTech (LNZA). Extremely oversold! Rally incoming?NASDAQ: LanzaTech (LNZA) , based in Illinois, USA, has recently has seen a price low of $0.1401 . This waste management company in recent times, has been featured as a top pick for buys by various news outlets. Although in an extremely bearish slump, I have a bullish prediction.
In the technicals on the 1 Day Chart , the RSI appears to be indicating oversold , with a slight potential of more of a dip to come. The Stochastic seems to also be indicating oversold market conditions. A long time frame bullish RSI divergence also appears to be forming starting at the middle of Feb 2023.
LanzaTech recently declined a "lowball" offer for $0.02 a share, which could signal insider bullish sentiment. LanzaTech FY25 Q1 earnings are forecasted to be significantly higher than FY24 Q4 at this time (RH). Their website, marketing and twitter appear to show no real signs of slowing business operations in my opinion.
Analysis also appears shows that there is very little open interest on put options at this time. Conversely there seems to be a large number of call options from $1-$7 expiring in the near future signaling institutions and high profile traders may be entering the market quietly.
Given the above signals and analysis I personally am setting a speculative stretch price target of $7 with various other orders taking profit along the way at key strike price cluster levels. With LanzaTech at a discounted price, a buy now could yield significant results.
Anything can happen in the markets. What do you think? Will LanzaTech recover? Or will value become completely wiped out?
Disclaimer: Not Financial Advice
USD/CAD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are now examining the USD/CAD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.387 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
doge buy midterm "🌟 Welcome to Golden Candle! 🌟
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