Bullish Patterns
EUR/USD at a Pivotal Level – Will Bulls Push Higher?The EUR/USD pair is showing signs of a trend reversal after breaking above a long-term descending trendline. This breakout, coupled with an inverse head and shoulders pattern and RSI bullish divergence, signals strengthening bullish momentum. However, the price faces key resistance around 1.0500-1.0527, aligned with the 200 EMA.
A confirmed break above this level could push the pair toward 1.10+, while failure to do so may lead to a pullback before another attempt higher.
doge midterm buy"🌟 Welcome to Golden Candle! 🌟
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LONG $900BMorning fellas,
I have been getting some spite, and about 75% of people who follow me stopped liking or commenting on my posts just because I've been sold since $100k and calling non-stop for this drop.
The drop came, and the moonfellas out there finally gave in.
Now it's time to look for longs and nothing better than a few select alt coins. I'm thinking $888B to $900B should hold and then we fly. Check trajectory line.
You people need to stop only posting that it's going up to the moon, and be realistic about things. Buy blood not green, buy LINK at $7 and not $25. Buy dot at $2 and not $15, and so on.
Trade thirsty, my friends.
USDJPY - BULLISH SCENARIOHello Traders !
On Thursday 20 FEB, The USDJPY reached the support level (149.356 - 148.639) and failed to break it !
So, We have a bullish scenario:
If the price breaks and closes above the lower high (150.733 - 150.469),
We will see a bullish move🚀
_______________
TARGET: 153.700🎯
BTCUSD - Is this a bottom ?- Simple support channel trendline from sep 2023 and aug 2024
- daily rsi oversold like crazy
- 81k3 : 1 fib extension from low 2018 to high 2021 and low 2022
- 79204 : 0.5 fib retracement from low aug 2024 to ATH
- bullish div on lower timeframes
Those are strong bullish supports from high timeframes
watch out for another try from bears like 11 sep 2023 or 6 sep 2024 but I’m expecting more than a bounce from this
BITCOIN LONG FROM SUPPORT
Hello, Friends!
We are going long on the BITCOIN with the target of 92,210 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.
✅LIKE AND COMMENT MY IDEAS✅
AUD/CHF BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
AUD/CHF is making a bearish pullback on the 1D 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 0.566 level.
✅LIKE AND COMMENT MY IDEAS✅
NZD/CHF SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
The BB lower band is nearby so NZD-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 0.510.
✅LIKE AND COMMENT MY IDEAS✅
EURCAD - Follow The Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURCAD has been in a correction phase and it is currently approaching the lower bound of the blue channel.
Moreover, the green zone is a strong support zone.
🏹 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 #EURCAD approaches the blue circle, 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.
INJ Long OpportunityMarket Context:
INJ has retraced into a strong support zone, presenting a high-probability long trade for a potential rebound.
Primary Trade Setup:
Entry: $13.00 - $12.00
Take Profit Targets:
$16.00
$18.00
Stop Loss: Below $11.30
Secondary Trade Setup (Deeper Support):
Entry: $10.00 - $9.50
Take Profit: Adjust based on price action
Stop Loss: Below $9.00
This setup targets a bounce from major support, with the potential for a stronger rally if bullish momentum returns. 🚀
Starbucks (SBUX) AnalysisCompany Overview:
Starbucks NASDAQ:SBUX is executing a strategic turnaround, focusing on barista wages, store renovations, and menu optimization to enhance efficiency and customer experience.
Key Catalysts:
Loyalty & Digital Engagement 📊
34.6M U.S. Rewards members now drive 57% of total sales.
Personalized offers and data-driven engagement are boosting customer retention and spending.
China Expansion & Growth Potential 🌏
Despite a 4% decline in same-store sales, Starbucks opened 169 new stores, reinforcing its long-term commitment to China.
The region remains a key growth driver, with opportunities for premiumization and digital adoption.
Financial Strength & Shareholder Returns 💰
SEED_TVCODER77_ETHBTCDATA:5B in share buybacks could increase EPS by 3-4% annually.
A SEED_TVCODER77_ETHBTCDATA:1B sustainability bond aligns with ESG-focused institutional investors.
Investment Outlook:
Bullish Case: We are bullish on SBUX above $97.00-$98.00, driven by loyalty growth, operational improvements, and capital efficiency.
Upside Potential: Our price target is $160.00-$165.00, reflecting strong turnaround execution and long-term expansion.
📢 Starbucks—Brewing Growth with Digital Innovation, Expansion, and Shareholder Returns. #SBUX #StockMarket #LoyaltyEconomy
BTC to $72k-$73k to test major supportWe tried to break out of this long term channel and we were rejected like a nerd on prom day. We were tracking a short/medium term descending channel and now we have broken out of that and fast heading for bottom of overarching ascending channel. another really bit of ominous sign is we lost our 200 day moving average, this also puts us at threat of a death cross over the next month or so. Also note the rest of the crypto market for the most part, looks worse than BTC, many are at multi year lows, many have broken their multi-year ascension, few charts look appealing in crypto right now... But we are still inside that long term ascending channel and therefore, still in a bullish trend overall but a lot of things are piling up against it.
So we will look to catch support at around $72- FWB:73K and then hopefully climb back up this channel. If we break the bottom of this two year ascending channel the lows could be a lot lower. The only thing that makes this a little shaky right now is that Ethereum just broke its two year ascending pattern, could it be a sign of whats to come for BTC?
Stay vigilant, personally I would not consider a long before we test that bottom of channel, and even there I would urge tight stop losses for those trying to take advantage of the situation. That also stands for any crypto, never trade any alts and such without also watching BTC, when BTC is unhappy, generally the rest of the market is even more unhappy.
As always, my posts are informational, DYOR.
BTC At Critical Support on 200DMA + RSI Way Oversold₿itcoin testing critical support on the 200DMA 🚨
Last time it closed under on July 4, 2024 it ranged for 101 days.
RSI hasn't been this oversold since August, 2023.
Last time BTC was at this RSI level and closed under the 200DMA it ranged for 60 days.
HOWEVER, the only time BTC has ever closed under the 200DMA on a Post-Halving year was in May 2021, where it then went on to rally to another new ATH.
I'm personally buying here 💯
ADA Long OpportunityMarket Context:
ADA has retraced into a key support zone, offering a strong risk-to-reward opportunity for a potential bounce.
Trade Details:
Entry Zone: $0.63 - $0.69
Take Profit Targets:
$0.84 - $0.86
$0.96 - $1.00
Stop Loss: Just below $0.60
This setup anticipates buyers stepping in at support, with the potential for upside continuation if momentum strengthens. 🚀
GOLD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
GOLD is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of 2,947.627.
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On a Different SKALE: SKL Analysis!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈SKL has been in a correction phase trading within the falling red wedge pattern and it is currently retesting the lower bound of it.
Moreover, the green zone is a strong support.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of support and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #SKL is around the blue circle, 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
Will there be one more liquidation candle for XLM?XLM closely follows XRP's price action. Many investors, traders, and speculators understand that this relationship can provide distinct advantages at times, depending on market circumstances. However, it appears that XLM may have one more liquidation event in mind before the next leg up. Although there is no guarantee that this will occur, I believe it is very likely, as the weak doji candle—currently at the $0.23 cent level—would allow another liquidation event to clear the last remaining remnants of sell-side liquidity currently resting below the previous liquidation candle. I could be wrong, but this is an area to keep your eyes on in the event that the price continues to move downward.
Good luck, and always use a stop-loss!
ONDO appears to have a bright future ahead!ONDO is a favorite cryptocurrency of many investors and traders alike. The entire crypto market has been dragged down since December after the massive gains from the "Trump election pump" caused many cryptos to go ballistic. However, the future looks bright for ONDO, as the current weekly chart suggests it's setting up for another leg up.
Good luck, and always use a stop-loss!