Get started

Bullish Patterns

NASDAQ, setup for 25k (20% potential)Hello everyone, based on the major wave 3, we can make a projection to imagine where the global markets could form a major top. In my view we are entering the last stages of the bull run, with a potential of 20% gains to come. After reaching the top, a major bear market could start, but I don't expect the top to be in before at least Q1 of 2025. What I also want to point out is that we are about to test the very significant last swing high from where wave 4 started. I should be a good zone to start buying again, as we are in a strong bullish trend. If you need confirmation observe this level closely.
FPMARKETS:US100Long
by Kyrean
GRASS/USDT 4H Analysis: Consolidation at Key LevelsOverview The GRASS/USDT perpetual contract is currently trading at $2.875, showing consolidation around a critical Fibonacci retracement level. The market appears to be in a neutral-to-bearish phase, with potential for either a breakdown or a reversal depending on key supports and resistances. Technical Highlights 1. Price Action The price is hovering near the 0.786 Fibonacci level ($2.828), which aligns with a strong support zone. There has been a rejection from the recent swing high of $3.534. The previous significant support was Fib 1.618 ($2.080), where a strong bounce occurred, indicating a key demand zone. 2. Indicators MACD (12, 26, 9): The MACD line is slightly below the signal line (-0.0777 vs -0.0688), and the histogram is near neutral at -0.0089. This suggests a weakening bearish momentum but no clear bullish crossover yet. RSI: The RSI is at 41.24, slightly above the oversold zone, but still below its MA (44.05), indicating bearish control. 3. Volume 3.58M in volume shows moderate activity. A breakout or breakdown will require a significant increase in trading volume for confirmation. Support and Resistance Levels Immediate Support: $2.828 (Fib 0.786): A key level for the bulls to defend. $2.635: A breakdown below this could lead to a retest of $2.080. Immediate Resistance: $3.192 (Fib 0.382): If broken, the price could target $3.534 (Fib 0). Potential Scenarios Bullish Scenario If the price breaks above $3.00 with increasing volume, it could test $3.19 and potentially the recent high of $3.534. A bullish divergence on RSI could strengthen this move. Bearish Scenario A drop below $2.828 could trigger further downside towards $2.635 or even $2.080. If the MACD continues its bearish trajectory, further selling pressure is expected. Trading Plan Long Setup: Enter above $3.00 with a target at $3.19 and a stop-loss below $2.83. Short Setup: Enter below $2.828, targeting $2.635, with a stop-loss at $2.90. Conclusion The market is at a pivotal point. Traders should wait for clear confirmations of direction through volume and indicator signals before entering positions. Keep an eye on macroeconomic factors and crypto market sentiment for additional context.
Long
by CryptoObi
BNB/USDT: Weekly Breakout! Massive Rally Ahead – Are You Ready?🚀 Hey everyone! 👋 If you’re finding value in this analysis, don’t forget to smash that 👍 and hit follow for premium setups that actually deliver results! 💹 🔍 Technical Breakdown: BNB is looking primed for a massive rally! 💥 Breaking out of a textbook inverse head and shoulders pattern on the weekly time frame, BNB is flashing a strong bullish signal. The retest looks solid, and the setup suggests significant upside potential from here. 🟢 📈 Entry Range: $675-$735 🎯 Targets: 1️⃣ $980 2️⃣ $1,370 3️⃣ $1,660 4️⃣ $2,280 ❌ Stop Loss: $480 ⚖️ Leverage: Use low leverage for a safer trade (max 5x). 💬 What’s your take on BNB’s breakout potential? Are you spotting the same bullish momentum, or do you see it playing out differently? Let’s discuss in the comments below! Share your thoughts and analysis, and let’s make the most of this opportunity together. 🚀💰
Long
by CoreCrypto1
The current current state of ETH and BTC bull markets As you see by the chart, we broke out of a descending trend recently for ETH and we had a tight ascending channel, which we now have broken out of again, likely ETH will make another really nice jump soon on the break out. This appears to be early on in the ETH break out where ETH appears to be lagging BTC by at least a couple of weeks. We also see that BTC reversed a short term descending channel recently, broke out of it and that helped it surge past $100k with ease and now we are in an ascending channel that is a break out from BTC's prior ascending pattern. BTC Chart We also see that since ETH has started breaking out, it has really impacted the BTC dominance chart, BTC has lost over 5% of its market dominance in the last week or so. BTC Dominance chart Overall both of these seem real bullish. I dont actually hold or trade either one, though I came up on ETH, where I started buying ETH at .88 cents each. I dont trade them because the chances of either having 50%-100% gains in a day is pretty much impossible, even 20% is not likely they are just such large caps with so much order books and participation not to mention ETF impact. But there are a lot of cryptos that are running 20%, 50%, 100% every day. The thing is, if BTC/ETH are in bad health, it makes trading anything a risk because when they dump they effect the market. At the moment, it does not look as though BTC or ETH are staging anything that would cause any significant negative impact to alts other than if they run hard and thats where all the money goes. for order books they both seem strong with positive trader sentiment though BTC had pulled back it appears to be building rapidly again.
COINBASE:ETHUSDLong
by EncryptShawn
1
MYRO Long Spot Trade (Meme Sector Opportunity) Market Context: The meme sector is poised for a second wave of interest, and MYRO has yet to fully capitalize on this trend. With a forming uptrend, MYRO presents a compelling opportunity for upside expansion. Trade Details: Entry Zone: Around $0.13. Take Profit Targets: First target: $0.16 Second target: $0.22 Third target: $0.31 Stop Loss: Daily close below $0.08. This setup aligns with a growing meme narrative, offering favorable risk-to-reward potential.
Long
by Richtv_official
Cardano With a Bright Bullrun!Hey Trader! Cardano is trading within a descending channel, presenting a clear structure of lower highs and lower lows. While this pattern often leans bearish, there are signs of buyer activity, as evidenced by the repeated bounces off the lower trendline. This suggests that the market is at a pivotal moment, with the potential for a significant move in either direction. The key resistance to watch is at $1.3269 . If ADA manages to break above this level and exit the descending channel with strong volume, it could signal the start of a bullish rally, potentially driving the price toward levels above $1.40 . Conversely, if the price fails to hold the current support at $1.0576 , a deeper drop toward $1.0378 could materialize, shifting the momentum decisively in favor of the bears. The RSI indicator remains neutral, suggesting that the market is in a consolidation phase and building momentum for a breakout. Volume will be crucial in confirming the direction of the next move. With buyers stepping in to defend support and sellers maintaining pressure at resistance, this setup is nearing a critical decision point. Stay alert for how ADA reacts around these levels—it could define the next major trend. What’s your take on ADA? Will it break upward or continue downward? Let me know in the comments!
Long
by Aksel_Rom
LTC Headed back to $400 - A Guide To Maximizing the OpportunityHello Friends! Today we're going to do analysis on one of the most underrated and oldest coins in crypto - That's right, it's Litecoin! I've had my share of ups and downs with LTC over the years (see what I did there? 😀), and recently I've questioned its relevance myself. Yet it remains a top 30 Market cap coin, with a current Market Cap of $10.33 Billion USD). Looking at the Monthly Chart, we immediately see this tightening symmetrical triangle. If you look at the same Monthly chart for XRP Ripple, you can see the exact same tightening triangle that recently broke out to a 350% move in just a month, shocking the world. Could Litecoin be next? Let's look at the charts and see if there's other supporting data for this hypothesis. Before we do, we cannot deny what is plain to see with your own eyes. Litecoin has just broken out of this triangle in the last week and started to make its ascent. But how high can it go? The all-time high was $413. As we move into the Daily chart, we can see the Fibonacci Extension aligns with the move to $400. I also have drawn an ABC correction although it doesn't exactly look right. Regardles, you can get the Elliot Waves and ABC correction on this move with these coordinates. The Fib Extension will become a lot more apparent as we zoom in further. Here's where things get REALLY exciting. Often, inexperienced crypto analysts forget to use the BTC pairing as a leading indicator. This chart shows 3 exciting things that make an upward move against Bitcoin imminent. 1. The massive downward facing wedge which coincidentally works alongside the USD pairing symmetrical triangle. 2. The 200-day Moving Average (purple line) that LTC has broken out above. 3. The increasing steady volume as LTC inches closer to the upper trendline of the wedge. Zooming in on the LTC/BTC pairing 4-hour chart, we discover an obvious ascending triangle that has been printing itself since the low of November 13th, with the upper trendline resistance falling right on the 200-day moving average. The breakout above this line with volume was a clear buying signal, and led to a rally in the USD pairing later that day. For full transparency, I used this signal to take a position immediately, which I scaled further into as the USD pair confirmed the breakout. Looking back at the LTC/USD pairing and zooming into the 1 hour, we notice that the November 13th BTC pairing low coincides with the break of the USD pairing, and we have a clear break out from the monthly symmetrical triangle supported by volume. We've also identified a potential channel that could be used to track the move up. Finally, zooming back out to the Monthly Chart, we see the Fib Extensions happen to line up perfectly with every cycle top, completing at the all-time high. Can you say confluence? It's almost too perfect. This chart combined with the previous should be screaming at you by now that this is obvious. Thanks for reading and be safe out there! This is for informational purposes only and not a suggestion or recommendation to buy or sell any asset or otherwise. You are responsible for your own decisions no matter where you get information. Never invest if you can't afford it and consider all investing gambling. - Shadowfigure
BINANCE:LTCUSDLong
by Shadowfigure
5
Coti/UsdtBINANCE:COTIUSDT OTC:COTI - Big green candle awaited! 🚀🚀🚀 - Vertical accumulation on H4 below major resistance! 📊 - Safe uptrend on the daily chart 📈 - Weekly chart looks strong with a clean breakout (SSB) & bullish katana ✅ - Recent news (Bankor, V2 upgrade) are also bullish! 📰 The breakout is going to be huge! 💥 **Upper key resistance zones:** 🎯 **$0.2100 - $0.2200** | **$0.2500** | **$0.2700** Zooming out on the weekly view, OTC:COTI is set for a medium-term run toward **$0.4000**! 🚀 *Not financial advice* 💡
Long
by Wolftrader1337