Bullish Patterns
USDJPY Breakout And Potential RetraceHey Traders, in tomorrow's trading session we are monitoring USDJPY for a buying opportunity around 140.400 zone, USDJPY 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 140.400 support and resistance zone.
Trade safe, Joe.
USDT Market cap & Bitcoin Price Update"$15k to $74k"...In this bitcoin rally, market dumped total 5 times 📉
But every time the CRYPTOCAP:USDT market cap is just going UP📈 Whales are pumping market by buying every dip🚀
After touching $74K, btc price dumped -32% but USDT Market cap pumped almost +16%
It indicates that usdt is printed daily to buy the dips!
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2017 : USDT MCAP 1.4B - BTC ATH 20K
2021 : USDT MCAP 82B - BTC ATH 69K
2024 : USDT MCAP is now 118B - BTC Price is $60K
USDT pumped +44% but btc still below previous ATH
The Bull Run is not over!
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cnb006
Falling Wedge Sees Bullish Order Block! - EUHere I have EUR/USD on the 4Hr Chart!
EU Bears have been pulling price down forming what seems to be a Falling Wedge since the end of August but could the Double Bottom made by the Sell-Side Liquidity and New Swing Low be a sign that Price is loading up to make its Bullish Break?!
Now we see Price after being rejected from the Falling Resistance, descending to the Break of Structure @ 1.10548 and the Order Block responsible for sweeping Sell-Side Liquidity @ 1.10437 being the Entry Range for when Price comes down and Successfully tests the Order Block!
*This rejection also creates a Higher High or disruption in the Downtrend suggesting power transfer from Bears to Bulls.
Now another big tell is the Bullish Divergence between the RSI and Lows of Price testing the Falling Support!
Also the presence of Bears in the BBTrend seems to be dwindling with each Low created where you see the collection of Red Bars shrinking!
Fundamentally, USD has Retail Sales on Tuesday (Sept. 17th) and Federal Funds Rate / FOMC Meeting on Wednesday (Sept. 18th) with expectations for Rates to start being cut!
GBP/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
Bullish trend on GBP/JPY, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 192.547.
✅LIKE AND COMMENT MY IDEAS✅
NZDCAD Breakout And Potential RetraceHey Traders, in the coming week we are monitoring NZDCAD for a buying opportunity around 0.83300 zone, NZDCAD 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 0.83300 support and resistance area.
Trade safe, Joe.
This pattern could potentially yield a significant increase🐺 Hello Dear KIUCOIN community, welcome to another idea : 🐺
This idea may be brief🤔, but it offers significant potential benefits . Please take a close look at the following chart : 👇
As depicted in the chart, ICP$ appears to be forming a bullish pattern, potentially resembling a bull flag or an AB=CD pattern ; Based on my analysis of the pattern, I believe there's a strong potential for a significant price increase, possibly reaching the 0.618 Fibonacci level , also known as the🔥 golden ratio 🔥
🐺 Consider entering a long position once the price decisively breaks above the resistance line 🐺
I hope you enjoy this idea KIUCOIN community ; Also always remember :
🐺 Discipline is rarely enjoyable, But almost always profitable 🐺
Don't forgot to follow us on X 👇🔥
VIX BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
VIX downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 22.04 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 VIX pair.
✅LIKE AND COMMENT MY IDEAS✅
ETH - Next resistance at 2550 with target at 2750BINANCE:ETHUSDT (4H CHART) Technical Analysis Update
ETH price has hit bottom and strongly bounced back from the support zone (from price range of 2300 ). Price already seen a clear bounce back from the support and currently trading at 2400. next resistance at 2550 and if the price breaks that resistance then we can expect price to reach 2700.
Entry level: $ 2450
Stop Loss Level: $ 2250
TakeProfit 1: $ 2520
TakeProfit 2: $ 2600
TakeProfit 3: $ 2680
TakeProfit 4: $ 2750
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
DXY Bullish Bias: Price Action & Data AlignmentWhile U.S. economic data hasn't been stellar, it's still holding up well enough to support the dollar. Intra-week price action (8/26/24 - 9-6-24) reflects this, with strong upward movement indicating a continuation of the bullish trend.
Keep an eye on key support levels and potential pullbacks, as this bias could persist heading into the coming weeks.
Blue ATR is monthly
Purple ATR IS weekly
USD/JPY Long Trade: Building into Next Week's OpportunityGetting ready for next week's USD/JPY setup! 🚀 The market is aligning for a potential big move, and I'm positioning myself for the action. Watch closely as I plan my entries and manage the trade—timing is everything! ⏳
If you're into catching high-probability trades and want to see how I approach the markets, make sure to follow and stay tuned. Let’s ride this wave together! 📈 Don't miss out—like, comment, and share your thoughts below!