$YFI Locked and LoadedBINANCE:YFIUSDT
yfi is primed for a big move in this market.. ATH of close to 100k with a Daily and Weekly chart that have been building.
- We should run back to $11800-12k if we can break out of this $9800 level resistance
- Daily chart is tight and we’ve had some significant volatility the last few days which have shaken out the market and allowed some consolidation
- Weekly chart: currently testing the $9800 resistance with a long wick so far, with 3days left on the candle, if we can break out on the daily chart it will print a strong weekly candle
Entry: I'm long at $9540 for a swing, it has been bouncing in a channel for days
SL: if market pulls back I will watch the $9000 level
Yearn has a TVL of close to 400mil and remains a top 300 coin by market cap
I have used Yearn in the past and its a great aggregator
Tight on the 4h chart
Bullishpattern
KRSNAA major support at 600krsnaa is looking good now
If there is a slight bounce from 600, it looks like it could go to 650 to 690.
If it breaks the major level of 600, then it seems that it can go up to 530 comfortably
A major fib level of 726 is coming which after breaking it can start an uptrend (which doesn't seem to break in this scenario.)
We have tried to give some view on this stock
Which can sometimes be wrong
All the rest is delusion, strong desire
GBPJPY - Trend Continuation - 4H Pennant~4H & Daily Pennant is indicating trend continuation.
~Weekly and Daily breakout approaching Monthly Resistance level at 193.500 area.
~Expecting price to reject 189.450 area near the trend line (bottom of pennant) and continue to the upside.
~ 189.450 area will be the best area to get in for swing trade and another entry at the pattern breakout.
US treausires are showing bullish patternTreasuries are trying to recover after making some nice and deep pullback in last few months as FED decided to wait on more economic data before they may finally cut rates. The pattern on 10 year US notes is looking bullish here after that impulse up since Novemeber, seen as wave (A), so obviously this tells us in which direction market can move after a retracement. Probably up! Well, this retracement in three waves is already visible on the charts below, so speculators can be positioned for more upside into wave (C) in months ahead, especially if FED is really going to cut rates this year, and if maybe NFP data finally disappoints this Friday. In such case, I think metals can explode, while the dollar sells off. Speculation for BOJ rate change in March and possibly"hawkish" ECB tomorrow (compared to FED) can help the dollar to be sold IMO. The only concern is risk-off, but bearish dollar/ bullish stocks correlation hasn't been there for a while anyway.
Hope you love the analysis.
GH
LSXMA - Good Upside PotentialLSXMA broke the parallel channel that was holding the price since November 2022 after making a double bottom with the March 2020 low, I also liked the fact that the 2D SMMA was also broken, after having served as resistance since January 2023 and it is currently retesting it, and as if that wasn't enough to be bullish, LSXMA had a bullish divergence on the RSI on the weekly time frame.
I believe that if the LSXMA price holds above the parallel channel (SMMA), it could be the beginning of a new up trend, and could give good gains in the medium term.
EDU ANALYSIS🔮 #EDU Analysis - Breakout Trading
🌟🚀 #EDU was trading in a "Cup and Handle Pattern" and here we can see that #EDU gave a great breakout. We can see a bullish move of more than 30-40% 📊📊
🔖 Current Price: $0.92890
⏳ Target Price: $1.15589
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#EDU #Cryptocurrency #Breakout #DYOR
EURAUD Bullish Idea 05/03/2024Looking for some bullish continuation on the pair after a break of the previous high.
Looking at a possible target of 1.68360 and incase we see another bullish run will be targeting 1.6985
Buyers need to maintain price action above 1.6585 any break below could signal some more bearish moves
Perfect Cup and Handle formed on a Weekly Chart. BULLISH!DYDX, aside from the wave of moving into what crypto is supposed to be “decentralized”….This chart screams bullish with no intent to stop once it rips. You can see a beautiful cup and handle formed and this accumulation has been like this since February of 2023….if you go back further the first wave of accumulation started in may of 2022… Volume on the handle that started forming in Nov 2023 has now gradually went down and is a great sign that selling pressure is exhausted/coming to a end and we can expect whales to pump this thing up from here.
ARUSDTARUSDT 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 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
DASH ANALYSIS🔮 #DASH Analysis —— BREAKOUT 🚀
💲💲 #DASH was trading in a Falling Triangle, and breakout has already confirmed but there is an immediate resistance and if #DASH breakout major resistance zone then we will expecting bullish rally ✍️ ✅
📊Current Price -- $39.09
🎯Target Price -- $73.62
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#DASH #Cryptocurrency #Breakout #DYOR
[CELRUSDT] - breakout after long accumulation phase🔥CELR Cheerful in weekly chart.
Breakout 0.382 Fibonacci level...after many attempt for the breakout and Long time accumulation
(665days)
Catch it before bullishing so hard
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[ADAUSDT] - long term accumulation in Adam & eve has broken out!in monthly chart ada completed a long term accumulation i adam & eve ..
additionaly:
🔸 produced a positive retest now... meaning a bullish path
🔸three white soldiers (monthly time frame)
targets shown at chart
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CMDX's Epic Breakout: From Falling Wedge to Sky-High Targets! 🚀CMDX/USD: Navigating the Breakout and Continuation Patterns
CMDX/USD Technical Analysis Overview:
In a striking turn of events, CMDX/USD has shattered its major falling wedge structure, signaling a bullish momentum that has caught the eye of many traders. Following this breakout, CMDX/USD is currently crafting another continuation pattern, reminiscent of a falling wedge, suggesting that the bullish narrative is far from over.
Key Fibonacci Retracement Levels to Watch:
As CMDX/USD carves its path upwards, the Fibonacci retracement levels offer significant take-profit zones that traders should monitor closely:
Initial Target Zone: The $.085-$.10 region, correlating with the 38.2% Fibonacci retracement level, serves as the first major area where traders might consider taking profits.
Midway Point: Progressing further, the $.19-$.20 range aligns with the 50% retracement level, marking a critical halfway point in the asset's recovery journey.
Higher Ambition: For those with a more bullish outlook, the $.55-$.88 zone, matching the 78.6% retracement level, presents an ambitious target, hinting at a strong bullish conviction.
Ultimate Targets and Price Discovery:
Top of the Wedge: The apex target at the top of the wedge stands at $2.70, a level that would not only confirm the strength of the current trend but also set the stage for potential price discovery.
Beyond All-Time Highs: Should CMDX/USD venture into uncharted territories beyond its all-time high, the $9-$11 range emerges as the grand 1.272 Fibonacci extension level, offering a glimpse into the asset's long-term potential.
Timeframe and Strategy:
This unfolding scenario might span several months, urging traders to adopt a blend of patience and vigilance. Keeping a close eye on volume, market sentiment, and related macroeconomic factors will be crucial in navigating this journey.
Conclusion:
The CMDX/USD pair is painting a bullish tapestry, marked by breakout and continuation patterns that beckon traders with a long-term vision. As we traverse these Fibonacci landmarks, the journey promises to be both exhilarating and testing, with the ultimate prize lying in the mastery of timing and strategy.
Disclaimer: This analysis is for informational purposes only and should not be construed as financial advice. Always conduct your due diligence and consult with a financial advisor before making investment decisions.
Easing Inflation Rate Spurs Optimism for a Bullish Trend?Hi Realistic Traders. Here's my price action analysis on the S&P 500!
The CBOE:SPX has convincingly breached the double bottom, presenting a compelling signal for a potential bullish reversal. The price trajectory exhibits a sustained upward movement, concurrently shaping a continuation pattern recognized as the Descending Broadening Wedge Pattern. As this pattern unfolds, a subsequent breakout from the descending broadening wedge provides robust confirmation of a conceivable upward trajectory toward the specified target area. Beyond the prism of price dynamics, the oscillator has undergone a significant golden cross, adding another layer of confidence to the outlook and signaling the potential for a bullish market trend.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Recent Announcement of the Inflation Data
- In October 2023, the annual inflation rate in the United States decelerated to 3.2%, marking a decrease from 3.7% observed in both September and August. This figure also fell below market forecasts of 3.3%.
- The annual core consumer price inflation rate in the United States, excluding volatile items such as food and energy, exhibited a marginal decline to an over two-year low of 4% in October 2023, down from 4.1% in the preceding month. Contrary to market expectations, which anticipated stability at 4.1%.
- The unexpected deceleration in inflation has fostered the anticipation that the Federal Reserve's assertive tightening cycle may have concluded. This development is instilling optimism for a bullish scenario in the market.
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on
CBOE:SPX ."
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APTUSDT Long IdeaBINANCE:APTUSDT has recently done break out on one day time frame and we still haven't got any retest of the support which I believe has a less chance as majority of the traders are very bullish on this coin and the dips are filling quickly but if we get the chance the black box is the area to enter