Bullishpattern
SOLUSDT - Buy high sell higher!More than 300 days trading above 125$
Take this whole time of consolidation to make a bullish pennant pattern in 7d chart
Sol looks bullish as BTC keep going high and higher
We are five days away from the weekly close
And it's obviously sol looking for breakout... successful breakout will take us to 400$ in midterm
Best regards Ceciliones 🎯
The $100,000 Bitcoin Chase: Can You Catch It?Hello traders,
It's been a while since BTC reach all time high $73000 spot. As you traders notice that price started making all those LH, HH and even LL making the market in a state of uncertainty.
In fact, the BTC market is accumulating a very strong momentum making ready to skyrocket at time especialy at this time when Gold is making superbe HH.
I am seeing Bitcoing nothing but going forward the golden spot $100000!
Keep a close eye on the market and never miss the great opportunity when it comes.
Good luck!
BTC moved accordinally to hit target at $71580Hello traders,
According to what i said yesterday, BTC brike a very strong resistance level which was a weekly level at 69566 and and made pullback then moved directly to hit target. With this bullish momentum being held, Bitcoin may skyrocket and reach the $100000 level by the end of the year.
Bajaj Finserv Ltd. - Weekly Chart Analysis1. Symmetrical Triangle Pattern:
Bajaj Finserv has been consolidating within a symmetrical triangle pattern over the past few years, showing lower highs and higher lows.
This pattern suggests a period of accumulation or consolidation, where both buyers and sellers are competing, leading to a breakout or breakdown.
2. Recent Breakout and Pullback:
The price recently broke above the upper boundary of the triangle, indicating a bullish breakout, which was accompanied by significant buying volume.
Currently, the price is retesting the breakout level, which may act as a support zone if it holds.
3. Fibonacci Levels and Potential Resistance Zones:
The previous high near INR 1,880 (approx.) acts as a critical resistance zone. This level also aligns with the 88.18% Fibonacci retracement level, which may serve as a potential profit-booking zone if the stock moves upward again.
If the stock maintains its momentum post-retest, a move toward this resistance could be expected.
4. Volume Profile Analysis:
The Volume Profile on the right shows strong support around the INR 1,500-1,600 levels, indicating that a significant volume of shares has been traded within this range.
This level may act as a support if the price dips further from the current pullback.
5. Trendline Support and Moving Averages:
The long-term upward trendline provides a strong dynamic support level.
The 50-week and 200-week moving averages are positioned below the price, indicating a long-term uptrend and offering additional support around INR 1,500.
6. RSI and Momentum Indicators:
The Relative Strength Index (RSI) shows a healthy range but is not overbought, suggesting there is room for further upward movement.
A crossover in the RSI or any divergence may indicate potential reversals, so keeping an eye on these indicators would be beneficial.
7. Key Levels to Watch:
Support: INR 1,500-1,600 (Volume Profile and Moving Average Support), INR 1,730 (current retest level).
Resistance: INR 1,880 (previous high and Fibonacci level).
Conclusion: The stock is at a critical juncture, currently retesting the breakout level of the symmetrical triangle. If the price sustains above INR 1,730, we could see a bullish continuation toward INR 1,880. However, a breakdown below the trendline or INR 1,500 could invalidate the bullish outlook, potentially leading to further downside.
Ready for the next wave?After reaching its low in early August, the chart of Unity Software Inc. has shown a textbook bullish move. The Elliott Wave count is marked on the chart. Now, with the correction phase seemingly complete, the price appears poised to kickstart the next bullish impulse from the 38.2% Fibonacci level, supported by the 50-day SMA.
UMA ANALYSIS📊 #UMA Analysis
✅There is a formation of Descending Channel Pattern in daily timeframe.
We can see a breakdown of major trendline in #UMA and we would see a little more retest towards it's support zone and then a bullish movement could be seen
👀Current Price: $2.477
🚀 Target Price: $4.370
⚡️What to do ?
👀Keep an eye on #UMA price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#UMA #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
I Can’t Stress Enough: Buy APT Now!APT is one of the most promising assets in the current market, and missing this opportunity could cost you in the long run. Here’s why you need to act fast:
1-Strong Fundamentals: APT is backed by a solid project with innovative technology and a growing ecosystem.
2-Bullish Trend: The chart shows a steady uptrend with higher highs, signaling strong buying momentum. 📈
3-Market Sentiment: Institutional investors are starting to show interest this is a sign of big moves coming. 🚀
4-Potential Breakout Zone: It’s near a key resistance level, and once it breaks through, we could see a major price surge.
5-Favorable News Cycle: Positive updates about APT’s development and partnerships are expected soon.
Don’t wait until it’s too late buy APT now and position yourself to profit from the next rally. Timing is everything in this market!
USD/CHF Poised for Bullish Break on Strong US DataThe USD/CHF pair is currently consolidating as it hovers between key support (0.84) and resistance (0.8550). The pair reflects the safe-haven nature of both currencies, leading to choppy price action. Upcoming US economic data, including the ISM Non-Manufacturing PMI, will play a pivotal role in determining the pair's next move. If US data shows strength, expect the USD to gain further momentum. Conversely, weak data may pressure the USD and strengthen the CHF, leading to potential downward movement.
REEF bullishReef bullish, got out of falling wedge and also creating a hidden bullish divergence.
Always do your own research.
This is no financial advice.
Bull Swing | DB breakout Hi Traders,
Weekly the market has taken the trend line support and in a bull trend.
At daily there is DB neckline breakout and change of trend, the re-test in daily formed a swing too.
Over all the trend in weekly and Daily looks bullish.
Entry, Tp and SL levels are mentioned in chart.
Strategy :: sbull.co
Falling wedge = more bullishIs Moodeng really going to show us a falling wedge wich means it is more bullish then we thought… Time will tell! After a rise of almost 150% yesterday. Moodeng can fall. Who knows how far. But it is making itself ready to go skyrocket.
This is no financial advice.
Always do your own research!
LDO ANALYSIS📊 #LDO Analysis
✅There is a formation of Descending Channel Pattern in daily chart with a breakout of Descending Channel. Currently the coin is trading sideway. We would see a good price moment in few weeks 🧐
👀Current Price: $1.093
🚀 Target Price: $2.024
⚡️What to do ?
👀Keep an eye on #LDO price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#LDO #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
Understanding Bullish Engulfing Candlestick PatternThe Bullish Engulfing Candlestick Pattern is a popular price action signal used by traders to identify potential trend reversals in the market. If you're keen on mastering price action trading, understanding this pattern is essential. This guide will take you from the basics of the pattern to advanced insights, with easy-to-understand explanations to help you become more confident in your trading decisions.
What is a Bullish Engulfing Candlestick?
A bullish engulfing candlestick is a two-candle pattern that signals a potential reversal in a bearish trend. The pattern consists of a smaller bearish (red) candle followed by a larger bullish (green) candle that completely engulfs the previous one. This indicates that the buying pressure has overwhelmed the sellers, suggesting a shift from a downtrend to an uptrend.
Key Features of the Bullish Engulfing Pattern
Here’s a breakdown of the key characteristics:
Number of Candles: The pattern consists of two candles.
First Candle: A bearish candle, typically red, showing a decline in price.
Second Candle: A bullish candle, typically green, that completely engulfs the previous bearish candle, including its wicks.
Prior Trend: A bearish trend must precede the pattern to validate it as a potential reversal signal.
Prediction: A potential shift from bearish to bullish trend.
The Anatomy of a Bullish Engulfing Pattern
To fully grasp this pattern, let's break down the structure:
The first candle in the pattern is a small bearish candle, indicating the continuation of a downtrend.
The second candle is a large bullish candle that opens lower than the previous close and closes higher than the previous high, completely engulfing it. This suggests a strong buying momentum.
Why Do Bullish Engulfing Patterns Work?
A bullish engulfing pattern is significant because it reflects a shift in market sentiment. Here’s why:
Seller Exhaustion: The first candle shows a bearish trend, indicating seller dominance. When the second candle engulfs it, it suggests that sellers are losing control.
Buyer Strength: The second candle’s larger body signals strong buying interest, indicating a shift in market control from sellers to buyers.
Market Psychology: A bullish engulfing pattern indicates that traders are willing to buy at higher prices, leading to increased bullish momentum.
Why a Pin Bar Can Be an Engulfing Pattern
A common observation among experienced traders is that a pin bar on a higher timeframe can appear as a bullish engulfing pattern on a lower timeframe. This happens because:
A pin bar shows a strong rejection of lower prices, which on a lower timeframe looks like a large bullish candle engulfing smaller bearish candles.
This highlights the importance of multi-timeframe analysis. Understanding how patterns form on different timeframes gives a more holistic view of market dynamics.
Gold Bulls are to take controlAs we had a beautiful week this week gold has shown us its value why is it called gold as well as gold is concerned currently we are expecting a Rise in price also we are experiencing a bearish shift in H1 but in M30 and M15 its not much clear that fight between both ends is on its peak now moving back to anylisis we can price is moving in an upwards channel and price has reached to its lower end price can move back to test the higher levels if it breaks below which seem pretty hard but a possibility then we will wait for the price to its daily Immediate (Physiological) support level we will wait for price to go higher bounds confluence being Bullish is
--> we are bullish from Monthly to weekly to daily to H4 but on H1 its not much clear price is not showing up properly fight is on
--> fibonachi confluence of current bullish impulse has retraced to 50% of price level and could go further .68% which is our daily Immediate support but over all we are bullish
Pyth USDT Spot trade 12% potential PYTH/USDT is showing a potential 12% rise based on technical indicators. The price is approaching a breakout zone after consolidation, with momentum building. Traders should monitor key resistance levels and volume spikes to confirm the bullish movement. Keeping an eye on support zones is essential to manage risk in case of pullbacks. 📈 #PYTH #Crypto #SpotTrade
BTC ANALYSIS (update)🔮 #BTC Analysis - Update 🚀🚀
💲 As we said earlier #BTC performed the same. Now we can see that there is a breakout of the pattern in #BTC. But there is an instant resistance zone. After breakout above the resistance zone, we would see a new higher price in #BTC
💸Current Price -- $67,700
📈Target Price -- $73,500
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#BTC #Cryptocurrency #Breakout #DYOR
XAGUSDXAGUSD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
$BTC About to make a (big) move?According to historical percentage pattern; BTC seems to be on the verge of a critical conjunction:
Scenario A: Retest $38k, if it holds; retest previous ATH of ~79k. Afterwards start new (gradual) bull run to new ATH ~327k
Scenario B: Bull run (gradually) to new ATH ~280k
I think politics also plays a big role here, mainly US elections & ongoing worldwide conflicts. The more crazy things go, the more unpredictable / unexpected scenario takes place; i.e. Scenario A
Otherwise, we're looking at a more stable Scenario B
Safe trading 🙂
Golden Cross is forming on Bitcoin Weekly Charta Golden Cross is forming on the Bitcoin MACD Weekly Chart.
We saw what that did to the price of Bitcoin before as pointed in the chart.
Bitcoin is near the all time high price now and could make new highs any time soon.
Very bullish months to come for Bitcoin & the Crypto market!!