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Bullish Patterns

Coinbase (COIN) AnalysisCompany Overview: Coinbase NASDAQ:COIN is one of the largest and most recognized cryptocurrency exchanges globally, offering a wide range of services, from retail trading to institutional crypto solutions. The company has focused on strengthening its position in the crypto ecosystem by targeting both retail and institutional investors. Key Developments: Institutional Adoption & BlackRock Partnership: Coinbase’s strategic partnership with BlackRock allows Aladdin clients to access cryptocurrency trading and custody services via Coinbase Prime, which caters to institutional investors. This partnership has the potential to drive significant institutional capital into the platform, thereby increasing transaction volumes and boosting revenue. Diversification Efforts: Coinbase has successfully reduced its dependence on trading fees by growing its subscription and services revenue, which saw a 34% year-over-year increase in Q2 2023. This revenue diversification helps mitigate the impact of the volatile trading environment often seen in the cryptocurrency space. Regulatory Compliance: With regulatory scrutiny tightening across the crypto industry, Coinbase’s strong focus on compliance gives it a competitive advantage. As regulatory hurdles increase, the company is likely to capture market share from less compliant competitors, positioning itself as a trusted platform in an evolving regulatory landscape. Product Innovation: Coinbase continues to innovate with new offerings like the Ethereum layer-2 network and enhanced staking services. These product launches not only enhance Coinbase’s competitive edge but also position the company well for future growth in decentralized finance (DeFi) and staking markets. Investment Outlook: Bullish Outlook: We are bullish on COIN above the $180.00-$185.00 range, driven by institutional adoption, diversification of revenue streams, and strong regulatory positioning. Upside Potential: Our price target for Coinbase is set at $370.00-$375.00, reflecting its potential to capture more institutional market share and sustain growth through innovative product offerings. 🚀 COIN—Leading the Way in Institutional Crypto Adoption! #CryptoInnovation #InstitutionalAdoption #CryptoCompliance
NASDAQ:COINLong
by Richtv_official
Solana (SOL) Bullish Setup Gaining MomentumTechnical Overview: Ascending support trendline: Solana (SOL) has maintained a consistent upward trajectory since September, forming higher lows that reinforce the bullish trend. Resistance Zone: SOL is now testing the critical $180-$190 resistance area, which forms part of a saucer formation, a pattern that often precedes strong upward moves. Key Levels to Watch: Resistance: $190 (critical breakout point) Targets: $220 (previous high), $275-$280 (extended bullish target) Support: Ascending trendline, below $180. Outlook: A break and close above the $190 level could ignite a major rally, with the next significant targets around $220 and potentially $275-$280 if momentum continues. With the current technical setup favoring bulls, the risk-reward is attractive for those looking to ride the next leg up. #Solana #SOL #PriceAction #Bullish #CryptoMarket
COINBASE:SOLUSD
by Richtv_official
1
Dogecoin Primed For Liftoff?! Here I have COINBASE:DOGEUSD on Daily & 1Hr Chart! A lot of Bullish signs are popping up on all Time-Frames for $DOGEUSD! Let's lay it out: Daily Chart- *Price made its Lowest Low @ .0805 *Price has created a Bullish Divergence on the RSI when price was able to make a Higher High @ .1321, disrupting the Downtrend Pattern. *Fib Retracement Tool from the Lowest Low to Higher High places the Golden Ratio Zone @ ( .1033 - .1002 ) where Price has already Retraced to and is showing Exhaustion from the Bears! 1Hr Chart- *Zooming into the Golden Ratio Zone, we see Price is exhibiting signs of a Bullish Wedge, potentially in the Reversal Variation! *Lower Lows on Price creating Bullish Divergence with Higher Lows on RSI I suspect we will see Price give us a Bullish Break to this Wedge and continue creating Higher Highs/Higher Lows continuing the Uptrend which will then contend with the Resistance Levels: ( .1355 - .1440 ) ( .1700 - .1800 ) ( .1990 - .2200 ) **If Price gives us a Bearish Break to the Wedge, Be Vigilant to False Breaks testing the .09 cent Support Level & Rising Support
BINANCE:DOGEUSDLong
by Novi_Fibonacci
1
UPTOBER ENDS Bitcoins monthly close is behind us and it's an interesting one... For most of the last day of the month BTC was above the previous monthly close high of $71,413.40. However, Bitcoin failed to close above that level coming up 1.67% short. Despite this the monthly candle is very strong, historically October is a good performer hence the "UPTOBER" nickname and this time around was no exception with an +11% move. I said in a previous post that a retest of the '21 ATH @ $69,000 is possible and likely, in the last 8 months BTC has routinely rejected off this level with no acceptance above, just SFPs galore. This is the chance to retest and accept as new support. that would set up a move for ATH and above. Q4 so far has been positive, we know that this month will be a strange one as the US election is in a few days and can sway markets so volatility can be expected. In the end I think the trajectory is new highs by the end of the year.
BINANCE:BTCUSD.P
by ProR35
BTC 4 Seasons CycleWhat I came up with is that in the bullphase Bitcoin tops out in Winter/Spring 🟦/🟩 Last cycle we had a double top but you would only miss out on 4-8% while saving yourself the headache of a 50% drop in summer 🟥 In the bearphase we bottom usually in Fall/Winter 🟧/🟦 I dont know how people can call for 48-55k or something else it would take us another year then until Winter to get back up and top out and to drop in 4-6 Months in Summer to the bottom its not usual for Bitcoin to do that. It takes Bitcoin around 350 to 400 Days to hit the bottom you can see it in the picture below
KRAKEN:BTCUSDLong
by Tyrocrypto
Sensex Support and Resistance Levels for Better Trading DecisiI’ve created a chart highlighting the key support and resistance levels for Sensex, designed to help traders make informed decisions. These levels provide critical insights for understanding potential price movements, enabling traders to identify ideal entry and exit points. Use these levels to gain a clearer perspective on Sensex trends and optimize your trades with greater confidence. Remember, these levels serve as guidance, so always combine them with your own analysis and risk management.
BSE:SENSEXLong
by Prabhu2020
GOLD AIMS HIGHERAfter a significant sell-off, we managed to find support at the 50% channel retracement, within the ascending channel, at the trendline, and in the golden pocket. I’m expecting a nice move up from here if this level holds Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
TVC:GOLDLong
by Navitility
Marathon Digital Holdings (MARA) AnalysisCompany Overview: Marathon Digital Holdings NASDAQ:MARA is a key player in the cryptocurrency mining sector, particularly focused on Bitcoin production. The company has shown resilience and operational strength in its mining activities, making it well-positioned for future growth. Key Developments: Positive Analyst Ratings: Analysts from Macquarie and Cantor Fitzgerald have set price targets above $20, indicating strong growth potential for Marathon Digital. This reflects growing confidence in the company's operational and market strategies. Increased Bitcoin Production: In September 2024, Marathon reported a 5% increase in Bitcoin production, reinforcing its operational strength. Additionally, the company achieved a 28% increase in Q1 2024 production, yielding 2,811 BTC compared to the same quarter in 2023. This efficiency in production underlines Marathon’s capacity to scale effectively in a competitive market. Favorable Cryptocurrency Market: With Bitcoin recently surpassing $67,000, the broader cryptocurrency market is showing favorable conditions. This surge allows MARA to capitalize on increased investor interest in crypto stocks, positioning the company for substantial market gains. Investment Outlook: Bullish Outlook: We are bullish on MARA above the $16.00-$17.00 range, driven by the company’s production efficiency and favorable market conditions. Upside Potential: Our target for Marathon Digital is set at $32.00-$33.00, supported by positive analyst sentiment and operational achievements. 🚀 MARA—Mining for Tomorrow's Success! #Cryptocurrency #BitcoinMining #GrowthPotential
NASDAQ:MARALong
by Richtv_official
Argenx (ARGX) AnalysisCompany Overview: Argenx NASDAQ:ARGX is making significant strides in the field of autoimmune treatments, especially following the FDA approval of VYVGART Hytrulo for chronic inflammatory demyelinating polyneuropathy (CIDP) on June 21st. This approval not only enhances Argenx's product portfolio but also opens up new revenue channels for the company. Key Developments: Strong Revenue Generation: Argenx demonstrates a robust global presence with revenue streams across various regions: U.S.: $407 million Japan: $20 million EMEA: $35 million China: $14 million This diversified revenue generation helps mitigate regional risks and showcases the company’s ability to penetrate multiple markets effectively. Upcoming Trials: The company plans to launch four new registration trials by the end of 2024, further expanding its therapeutic offerings. This proactive approach to research and development positions Argenx for future growth and diversification in its product line. Strategic Collaboration: Argenx's collaboration with Monarch is aimed at enhancing operational efficiency and customer service. This partnership is expected to boost market penetration and strengthen the company's competitive edge. Investment Outlook: Bullish Outlook: We are bullish on ARGX above the $484.00-$489.00 range, driven by its recent FDA approval, diverse revenue streams, and plans for further clinical expansion. Upside Potential: Our target for Argenx is set at $740.00-$750.00, supported by the company’s strong market presence and growth initiatives. 🚀 ARGX—Pioneering the Future of Autoimmune Treatments. #Biotech #AutoimmuneTherapy #MarketGrowth
NASDAQ:ARGXLong
by Richtv_official
SUPER Long Spot Trade (Major Support Retest)Market Context: SUPER has retraced to a significant support level, presenting a favorable entry for a potential rebound. With the price holding above support, the risk-to-reward ratio looks promising if this level sustains. Trade Setup: Entry: Around $1.15 Take Profit: First target: $14.00 – $15.00 Second target: $18.00 – $20.00 Stop Loss: Below $1.095 (daily close) This setup is designed for a strong risk-to-reward, aiming for key profit zones if price rebounds. #SUPER #Crypto #Support
Long
by Richtv_official