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Bullishpattern

SWING IDEA - BORORENEWPrice Action and MACD seems to be forming a Convergence Divergence. Price Action has also started making new Higher High and Higher Low Pattern. A Candle seems to have formed in the Weekly candles too indicating good support for the stock. If all is well, the stock could go to its next leg up. MACD Cross has still not completed. It could indicate if the Trend will go upward once the crossover is completed successfully. Take Entries upon verifying Price Action after MACD Cross only. Note: Earnings Report has revealed the company in Loss. This could potentially take the stock down if things don't go right. Ensure to follow Strict Risk Management while trading this stock.
NSE:BORORENEWLong
by thepranam
Bitcoin Showing Strength, Daily Volumetric bull candlesticks !Bitcoin is following the path according to the pullbacks we have been predicting since it fell to the demand zone. Please check each bullish candle that Bitcoin forms after each pullback, it shows strength every time Following the smart money concepts and with the movement it is making based on the structure, I am expecting Bitcoin to reach my point of interest very soon. However, before reaching my point of interest, I believe we have to consider that we will see 1 to 2 small pullbacks. Thank you for following my analysis.
COINBASE:BTCUSDLong
by RocketMike111
#Ethereum Update:Today was the first day ETH ETFs were traded. The price of ETH is now correcting because this news is already known and has become just a formality. What’s important about these ETFs are the volumes, which in the case of the #BTCETF approval initially put selling pressure on the market, followed by a larger upward movement. I have two scenarios for this 1-day (1D) timeframe: 🟢 Green Scenario (Bullish): Possible recovery and increase in the coming days. ⚫ Black Scenario (Bearish): Short-term correction, but potentially very bullish in the medium term because a lot of liquidity has formed in that marked area and we also have an FVG (imbalance) on the W timeframe + resistance on that parallel channel. Watch the market closely 3100-3300 and consider these scenarios in your trading strategies!
Long
by TraderX10101
detailed important chart tells u why to buy AVAXin weekly chart can notice a breaking out of falling wedge pattern finally after more than 6 months.. the price now moving in huge ascending channel going to making new ATH in next few weeks.. u can see elliot wave in the chart and It's clear that elliot wave correction done one of the biggest coins in the market ... ranked 11th in terms of market cap (11.871B) it's on good support and suitable place to buy ... long term target is 200$ best regards ceciliones🎯
Long
by ceciliones
1
DOGE: DO NOT MISS IT HERE!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! DOGE looks good in the daily time frame. Breaks out from the bull flag-like pattern here and currently retesting the support trendline. Buy some here and add more in the dip. Entry range:- $0.12-$0.13 Targets:- $0.173/$0.203/$0.274/$0.334 SL:- $0.1 What are your thoughts on DOGE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
|| HBARUSD || BREAKOUT PATTERN INCOMING!Current market sentiment has been fairly bullish resulting in a great week for the top 10 crypto assets, however, we are still to see a snowball effect onto assets outside of the T10. Today I shall be discussing my perspective on the current Hbar market structure and why I feel it will be caught by the snowball to come. At the time of writing this report, Hedera is sitting at 0.0737, which is also a strong level of resistance depicted by the fib retracement I have placed (38.2%) Patterns: Let me start off with the defending bullish pennant we are currently in. This pattern although a good confluence alone, has been suppressed by the fib retracement 50% ($0.0720) which has in turn created a double bottom suppression breakout formation. Both the pennant and double bottom patterns have targets set at 0.080, however, there is a level of resistance as my conservative target at 0.0785-93. I expect price to break to the baseline of my DB formation at 0.0756 before completing the pennant formation by converting the pattern resistance into support before continuing. this action will add confluence to my projections. Slightly bearish yet healthy alternative would be if price was to fall below 0.0720 (50% fib) to the golden ratio set at 0.0703-698. This movement would of course void the existing double bottom, however, would add additional confluence in the bullish pennant narrative. Price range to watch over in the following days are between 0.0756 (resistance + baseline of DB) and 0.0720. A break from either levels will result in a fairly impulsive move to our conservative target (0.0785-93) or to our golden ratio (0.0703-698) Thank you for your interest in my report. I truly hope you were able to receive some informative insights on the current Hbar market that is able to aid your pre-existing perspective on the Hbar price structure. THIS IS NOT FINANCIAL ADVICE!
Long
by Crisp_Flow
3
IS $DOGE ABOUT TO DO THE UNTHINKABLE?Last bull run CRYPTOCAP:DOGE did a 280x from the start of the 5 wave move to the upside to its ATH of $0.73. This move took about 182 days. At its previous ATH, the MC did a 44x from the 2018 peak of GETTEX:2BN to ~$88bn. Based on this upward sloping trendline, CRYPTOCAP:DOGE is primed to hit $7.5, and if history repeats itself, this should happen by end of this year. This would also bring CRYPTOCAP:DOGE MC to almost $1.1trillion, which is about a 12.5x from previous ATH, which is not even up to 1/3 of what it did last bull run. This looks crazy but it's just what the chart shows.
CRYPTO:DOGEUSDLong
by etawong85
3
Brace Yourself: Is Gold's Bearish Trend to Continue Next Week!?Key Levels: Resistance Levels: $2,480: Recent high, acting as a strong resistance level. $2,449.525: Previous high, another significant resistance level. Support Levels: $2,391.612 (4HR LQZ / TP 1): First significant support level and target point. $2,348.723 (Daily LQZ / TP 2): Second support level and target point. $2,289.000 (TP 3): Third support level and long-term target. Trend Analysis: The chart shows a clear descending movement from the recent highs, indicating a bearish trend. The price has broken down from a rising wedge pattern, which is typically a bearish signal. Indicators and Patterns: Rising Wedge: The price action formed a rising wedge, and the breakdown confirms the bearish trend. Price Action: The current price movement shows lower highs and lower lows, which aligns with the bearish trend. Volume: Consider monitoring the volume for further confirmation of the trend. High volume on down moves indicates stronger bearish sentiment. Strategy: Short Positions: Traders might look for shorting opportunities at resistance levels or breakdown retests. Target Points: The support levels ($2,391.612, $2,348.723, and $2,289.000) serve as potential target points for short positions. Stop Loss: Place stop-loss orders above the recent highs to manage risk. Conclusion: The technical breakdown of XAUUSD indicates a bearish trend continuation. With the price breaking down from a rising wedge and confirming lower highs and lower lows, traders should consider short positions, targeting the support levels mentioned. Keep an eye on the volume and price action for further confirmation and manage risk with appropriate stop-loss levels.
OANDA:XAUUSDShort
by Adlercon333
|| SOLUSD || $200 INCOMING PART 2!The Sol price action has been extremely bullish today, as price has firmly Broken out of the pennant formation as discussed in my previous article. Although this move is bullish, there is still some way to go before we are able to see prices as high as $200, however, it is inevitable. In the following statements I will discuss my bullish perspective. Double bottom formation: as seen using the Elliot wave indicator I have outlined the structure of a DB formation. This particular formation holds additional bullish sentiment based on the fact that it was formed leading to a tight squeeze of the larger time frame bullish pennant. This scenario generally tends to hold much greater likelihood of bullish movements to come. My target for the double bottom is set at $180, which seems like an easy target considering market sentiment, however, price is currently resting between two key levels of support and resistance drawn using the fib retracement, 0.50 ($165) and my golden ratio of 0.618 ($175.50) and 0.65 ($178.34). If we are able to hold strongly above the 165 level and even possibly retrace down to strengthen support at that level, the likelihood of success will increase. expect to see consolidation within this range prior to a breakout. Consolidation would be the healthier alternative to a clean break. The lowest ill allow price action to move before shifting towards a bearish sentiment would be the fib 0.382 ($154.51) which is the base of the double bottom formation. A great stop loss area would be around the $150-152 range. Zooming out to the pennant formation. In order to be more confident in the formation, price action would have to retrace wicking near the formations level of support turning to resistance for the breakout to be valid. If my projections are correct the validity of the pennant breakout will result in a move to roughly $226 as discussed in my previous article. in conclusion watch for any moves between the 165 and 178 levels as that would roughly indicate a strong move in either direction, however, prices as low as 155 are still justifiable and arent bearish yet. Thank you for reading this far, I hope you were able to get some insightful information to aid your pre-existing market analysis! Remember everything I say is NOT financial advice and should be taken with a grain of salt.
COINBASE:SOLUSDLong
by Crisp_Flow