GBP/AUD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are now examining the GBP/AUD 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 1.948 level.
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Bullish Patterns
GBP/JPY BEST PLACE TO BUY FROM|LONG
Hello, Friends!
Previous week’s red candle means that for us the GBP/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 199.028.
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$BTC Analysis update: What's Next ?** CRYPTOCAP:BTC Analysis: What's Next?**
As you can see, CRYPTOCAP:BTC has completed its previous consolidation phase, which lasted six months. The recent *Trump election pump* coincided with the end of that phase, leading to a new, massive parabolic rally.
However, signs are emerging that the market is overheating:
- **RSI**: Indicates overbought conditions, suggesting a correction is due.
- **MACD**: Overheated and also signaling an impending correction.
On a **weekly timeframe**, history tells us that similar situations have resulted in sideways movement for about six months, with a 30–40% downside, before the next major rally begins.
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### Will This Trigger an Altseason?
Most likely, yes. During these cooling-off periods, investors often turn their attention to altcoins, which tend to be more active and engaging during such times.
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### MACD Insights
By counting the bars on the MACD, it looks like we might have **two more weeks of upward movement** before an EMA crossover signals the start of consolidation.
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### Looking Ahead
The next major pump could occur around **May**. Let’s see how this unfolds.
**Remember:** Do Your Own Research (DYOR).
Alice, Invers H&S + potential algo target at $107, 74xthis technique is experimental. since Alice doesn't have data going back the lows of 2020 I've pulled the fib from the from the all time highs and set the lows of price action to be in line with the 0.707 fib. this should give a conservative algo target if it runs with the rest of the market.
disregarding the fat finger wick, there's also a inverse head and shoulders target that lines up in the same area as the order block and bear pocket.
no idea if the algo target will play out, but if it does I'll defiantly be adding this tequnique to my arsenal.
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $1.07 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $1.46
Stop: $1.00
Resistance: $6.78 - order block + bear golden pocket.
Inverse H&S Target: $8.80
Potential Algo Target :$107
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
BTC Long Term OutlookLooks pretty straight forward for me. Another bull run in horizon.
Below are my reasons for this belief:
Fundamentals
- Next halving is coming in just over a year - May 2, 2024
- There were a few black swan events in the past year and price of btc managed to keep very strong still.
- The black swan events occurred due to human fault, and the trust in the traditional systems are broken. People are realizing slowly that crypto is actually much more secure and people friendly compared to the centralised traditional systems.
- Price of everything has risen in the past year to all time highs; houses, cars, lands, even groceries. Inflation is real. And to be able to hedge against inflation you need to but assets which are scarce by design - Bitcoin and Ethereum. (I expect Ethereum to be better in terms of hedge against inflation in the long term tbh - due to the new token economics after the merge)
On-Chain Data
- On-chain data shows the wallet addresses with equal or more than 0.1 btc balance and 1 btc balance are at an all time high.
- Address with equal or more than 1000 btc are at Sep 2019 levels, I take this positively as there are 440 less whales to dump their btc - all time high on this data was on Feb-March 2021 which is the first top of the 2021 run.
We can easily see that a lot of whales decided to sell out and probably triggered the bear run down. People have been accumulating and it shows by the amount of smaller addresses (retail) popping up and hitting all time high.
Indicators
ACMF (money flow) - still under 0, which is ok considering we are in a bear market. On the weekly chart it shows the only times we have had this low was close to the bottom of the cycles.
TLL RSI - One of the longest oversold stays on this indicator. I expect this indicator to make a move up soon and that will be one of our serious que in the short-medium term to validate this idea.
Hope you enjoyed it, if you did, please boost and comment what you think about it.
Thanks
EUR/CHF LONG FROM SUPPORT
Hello, Friends!
EUR/CHF pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.942 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
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EOS The Ethereum Killer LOL - BUY & HODL EOS was supposed to be the Ethereum killer, LOL.
However, if the Crypto Markets start booming then EOS ( EOSUSDT , EOSUSD ) would triple the ATH.
I've been holding and adding more on the next drop.
A good level IMO is: $0.50 .
My Technicals:
* Elliott Wave A-B-C Pattern
* Cycle Analysis (Early '23)
* Super-Cycle (b) (turquoise) Completion
* Demand Zone @ 0.50 Levels
* Zig-Zag Pattern (Correction)
I am expecting a Crypto Bull Market to start soon.
Dow Jones Is Approaching Important SupportHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 44,000 zone, Dow Jones is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 44,000 support and resistance area.
Trade safe, Joe.
AVAX to $100!AVAX Elliott Wave Projection | Short-Term and Long-Term Targets
AVAX is forming a potential 5-wave impulse structure after completing a corrective ABC pattern, with key Fibonacci targets at $56.18 and $101.14, while maintaining a bullish outlook supported by broader market strength heading into Q1 2025.
Entering a Bull Market for the Russell 2000From a weekly chart perspective, the Russell 2000 ETF is showing a rounded bottom formation. Coupled with Trump-era policies encouraging reshoring and boosting local consumption, this has been a positive catalyst for small-cap stocks.
While the S&P 500 remains strong, the Nasdaq, particularly tech stocks like semiconductors, has already experienced varying degrees of pullback.
TIA/USDT 4H Celestia is a project that has a lot of potential this Bullrun, we saw an early surge in the beginning of the year once the project was released nearly one year ago. A modular blockchain network, first of its kind is an exciting new technology and we've seen how well new projects do during their first Bullrun often outperforming their older rivals.
I would like to see the bullish pennant formation playing out now. The bearish downtrend breakout caused by a republican victory results in a breakout & retest of the BULLISH OB as new support. Now a bullish pennant has formed midway up the mini range, normally this is a continuation pattern and with the bullish narrative in play I think it's probable we see this pattern play out fully with the resulting rally hitting resistance around the $6 mark (BEARISH OB).
IF deciding to take the trade once the parameters are met a conservative 2.25R trade is in play , once the first TP is hit the larger SL can be moved to Break Even . I do believe that TIA continues to move beyond the $6 mark however there is a lot of resistance there for now. A separate trade outlook will be needed to tackle that area.
NEIRO/USDT: Ready to Explode: Bullish Breakout in Sight!Hey everyone! 👋
If this analysis resonates with you, don’t forget to smash that 👍 and follow for more market-winning updates! 📈
💡 Technical Analysis:
NEIRO is showing massive bullish potential, forming a falling wedge structure in the daily time frame and gearing up for a breakout. Once confirmed, we could see a 50% rally! Now might be the perfect time to start accumulating.
📌 Entry Range: CMP and add more up to $0.0017
🎯 Targets: $0.00205 / $0.00232 / $0.00274
⛔ Stop Loss: $0.00156
📊 Leverage: Use low leverage (Max 5x)
💬 Why NEIRO?
This setup strongly signals a decisive bullish move! Are you spotting the same breakout potential? Share your insights and analysis in the comments below, and let’s crush these gains together! 🚀
GBP/JPY SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
We are going long on the GBP/JPY with the target of 198.957 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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EUR/CHF BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
We are now examining the EUR/CHF pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 0.942 level.
✅LIKE AND COMMENT MY IDEAS✅
NEAR - Flag pattern - Next Target is 27$#NEAR #Analysis
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Description
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+ Near has formed a nice flag pattern and price is waiting for breakout from the flag
+ Next target for near is 27 as per flag pattern, this could happen in the peak of bull run
+ next push could break the resistance and you can enter a position at the current price.
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VectorAlgo Trade Details
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Entry Price: 5.2
Stop Loss: 3.499
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Target 1: 6.290
Target 2: 8.069
Target 3: 13.503
Target 4: 17.690
Target 5: 28.022
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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