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Bullishpattern

US30 Bulls still holding strong (buys potentially from 39400.0)US30 remains in a strong bullish stance, and I'm still on the lookout for long opportunities. Last week, we witnessed a retracement in price to fill the previous imbalance, although some imbalances remain. This was adequate for initiating a new rally, as we're currently observing. Now, I anticipate two possibilities: either price will break past the newly formed high, or it will retrace to address a significant demand level. In the event of a retracement to the demand level, I'll wait for lower timeframe confirmation before preparing long setups, targeting either new highs or significant liquidity points. Confluences for US30 Buys are as follows: - Price broke structure to the upside once again. - Lower and higher time frame remains extremely bullish. - Clean nearby demand zone on the 18hr or 21hr. - New high is close by which is a strong level of liquidity tat is lying there. - After this imminent retracement we can expect a new rally. P.S. I strongly favor the bullish trend due to several recent breaks of new highs. Additionally, there are several demand zones that have yet to be mitigated. However, given the impulsive nature of price movements, I wouldn't be surprised if we witness further upward momentum, potentially breaking the high once again. Have a great trading week guys!
OANDA:US30USDLong
by Hassan_fx
Ethereum: Bullish Reversal Confirmed !!!Ethereum (ETH) has been in a downtrend since November 2021. The price has been respecting the descending trendline and making lower highs and lower lows. However, the price recently broke out above the trendline and formed a three drives pattern. The descending trendline: The descending trendline is a bearish pattern that is characterized by two converging trendlines, one connecting lower highs and the other connecting higher lows. The price typically breaks down below the lower trendline, signaling a continuation of the downtrend. The three drives pattern: The three drives pattern is a bullish reversal pattern that is characterized by three consecutive rallies, with each rally being higher than the previous one. The pattern is confirmed when the price breaks out above the resistance level. The breakout: The price broke out above the descending trendline on March 14, 2023. This breakout was confirmed by the three drives pattern. The retest: The price has since retested the broken trendline and held. This retest confirms the bullish reversal and suggests that the price is likely to continue to rise in the near future. Bullish targets: The first bullish target is the $3,500 level, which is the top of the descending trendline. Further upside could see the price reach $4,000 or even higher. Conclusion: The Ethereum chart shows a bullish pattern. The price has broken out of a descending trendline and formed a three drives pattern. This suggests that the price is likely to continue to rise in the near future. Investors should always do their own research before investing in any cryptocurrency.
Long
by Yaroslav_Krasko
ADA bullish continuation.Here's another one, so ADA has been in correction as well, Based on the chart, the correction ended around 0.5800 From the current price, Im expecting for the ADA price to continue with the bullish rally to the new ATHs, for confirmation, if the next 4 hour candle closes above 0.6400 and the next candle after fails to go below this price, then long it without hesitation and set stoploss around 0.5900 If you enter around .06400 when the candle fails to go below this price. Otherwise below this price, around 0.5800 and below theres just liquidity for long orders. In terms on the analysis, count etc, everything has been labelled on the chart. Remembers always its NFA.
Long
by Theofylrx
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