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Bullishpattern

BTCUSDT Next big resistance 1. Current Trend : Bitcoin is currently experiencing a minor bullish trend, which means its price is gradually increasing. 2. Short-term Price Movement : There is an anticipation of a temporary pullback in Bitcoin's price. This pullback refers to a short-term decline in the price, which is normal in financial markets even during an overall upward trend. 3. Institutional Investment Strategy: The expected pullback is seen as a strategic opportunity for larger investors or institutions. These entities are predicted to buy Bitcoin during this dip in price, with the intention of investing at a lower cost. 4. Impact of SEC's ETF Approval: A key factor in this prediction is the potential approval of a Bitcoin ETF by the Securities and Exchange Commission (SEC). The approval of a Bitcoin ETF would likely lead to increased demand and higher prices, as it would make Bitcoin more accessible and legitimate to a wider range of investors, including those who prefer traditional investment vehicles. 5. Post-ETF Approval Scenario : Assuming the SEC approves the Bitcoin ETF, the prediction is that Bitcoin's price will see a significant increase. This rise would be fueled by the influx of new investors and increased mainstream acceptance. 6. Long-term Outlook: The long-term outlook for Bitcoin, post-ETF approval, is positive. As more institutions and individual investors gain confidence and invest in Bitcoin, its price is expected to stabilize at a higher level than its pre-ETF approval price. In conclusion, this prediction sees a short-term pullback in Bitcoin's price as a strategic buying opportunity for institutions, leading up to a significant rise in value following the potential SEC approval of a Bitcoin ETF. This scenario is contingent on several factors, particularly regulatory developments, and thus carries inherent uncertainty typical of financial market predictions.
Long
by Aibullz
Pullback scenarios for longI see two scenario playing out for a long term bullish trade. Bias: Bullish Why: Neckline breakout of inverted head & shoulders with a positive earning gap. Scenario A: Price action is currently showing a bullish flag after the huge earnings gap up. We can see price retrace to test the end of the gap. With a high possibility of bouncing and breaking the bull flag structure to a new high. Note: 12/8 ended with a green volume day above average breaking the latest downtrend volume structure. RSI is still show PDD in an overbought scenario, most severe since Aug/Sep 2019'. MACD is turning to a SELL signal at the top of the indicator. Given the indication for a dire pull back... Scenario B: Price action retraces to fill gap, bouncing to retrace back to the I-H&S neckline or 200 EMA before a rocket launch to $170 price target. Thoughts? Pure speculation. Trade responsibly.
NASDAQ:PDDLong
by ThornhillHQ
RBLBANK // Ready to Breakout www.tradingview.com RBLBANK: After a long consolidation, it has made a Cup & handle pattern which depicts the Bullish Breakout. The Fibonacci Extension as well as Fibonacci Retracement has superimposed and making a confluence to the prediction. If you could see the volume as well on the same Daily timeframe chart, it is continuously increasing everyday which suggest a huge interest in bulls. The first target will be 280 and the next target will be 300.
NSE:RBLBANKLong
by Stox_Ware
$CHZ is going upward only! and here is whyWhat is Chiliz ? Chiliz crypto connects sports fans to their favorite teams through Fan Tokens, giving them a voice and unique experiences. It's like a VIP pass for the digital age, powered by blockchain. Think of it as the future of sports fandom, where fans have a real stake in the game. Chiliz is living example, why ? Chiliz currently has its fingers in over 30 sports, ranging from the most popular ones like football (soccer), basketball, and Formula 1 to niche sports like cricket, ice hockey, and even esports. It's a diverse bunch! As for the teams, the number is even more impressive, boasting over 130 partnerships with major clubs and leagues worldwide. This includes giants like FC Barcelona, Juventus, Paris Saint-Germain, and the UFC, along with regional powerhouses and up-and-coming teams across the globe. It's a true smorgasbord for passionate fans!. Conclusion As we've observed, Chiliz has already hit its bottom, a low point reached in February 2021. Since then, Chiliz surged to its all-time high (ATH) of $0.94 USDT, marking a dramatic increase from its earlier value of around $0.06 USDT. This represents a substantial increase of approximately 1467%. Currently, as we enter the beginning of a bullish trend, I see a great opportunity to acquire a significant amount of $CHZ. Remember : This is merely my perspective on Chiliz. Always conduct your own research before investing in anything, especially in the volatile world of cryptocurrencies. It's a wild market out there!"
Long
by XKNOWNUSER
$SPY Bullish Breakout: Cup & Handle Formation on Weekly Chart The AMEX:SPY is exhibiting a compelling technical formation on its weekly chart. A classic cup and handle pattern has emerged, signalling a potential bullish breakout. The cup and handle pattern observed over the past several months on the AMEX:SPY not only signals a bullish continuation following a period of consolidation but also aligns with the current Stochastic Oscillator readings below 70, emphasizing the potential for upward movement without immediate overextension. This formation, marked by a stabilizing rounding bottom and a subsequent minor pullback, reflects a growing bullish momentum, further reinforced by the Stochastic Oscillator's position, which adds confidence in the face of the ongoing market volatility. Based on this analysis, a tactical trade can be structured as follows: Entry Point: Consider entering the trade at the current level, as the price breaks out of the handle. Stop Loss: To manage risk effectively, set a stop loss at the low of the handle. This placement protects against unforeseen reversals in the pattern. Take Profit: The take profit target is set at the high of the cup. This offers an attractive near 2:1 profit-to-loss ratio, aligning with sound risk-reward principles. Risk Management: As always, traders should align this trade with their individual risk tolerance and portfolio strategy. This analysis presents a bullish case for AMEX:SPY , supported by both pattern recognition and oscillator readings. While the setup is promising, traders are reminded to conduct their analysis and consider market dynamics. Disclaimer: This idea is for educational purposes only and should not be taken as financial advice. Trading involves risks, and it is crucial to do your due diligence before making any investment decisions.
AMEX:SPYLong
by Scatman_Jeff
2
TQQQ - Leveraged QQQ rising after reversal LONGOn the highly reliable weekly chart, price was under the Ichimoku cloud since April 2022 putting in a couple of bear flags on the way down while first getting support two standard deviations below the mean anchored VWAP and then one standard deviation showing increasing strength finally crossing above the mean VWAP in May then with a retest and bounce in late October while forming a bull flag. The breakout in the past month suggests another leg up is underway with a potential of the same magnitude as the flagpole in the current pattern. If accurate this could lead to a price of $68 by next July or 70% higher than the present over 7 months. I will take a trade of 10 call options with a strike of $ 65.00 for a July expiration. Each time the stock price rises by $5.00 I will close one of the options yielding a tiered liquidation along the way to collect profit.
NASDAQ:TQQQLong
by AwesomeAvani
2
Echoes of the Past: BTC Price Action Resembling November 2020Fellow Traders, In the current climate of extended BTC prices, many are on the lookout for a retrace. This anticipation is rooted in a traditional market rhythm where what goes up must come down, at least for a breather. However, it's crucial to cast our minds back to the 2020 scenario, where similar conditions were at play. During November 2020, BTC experienced a significant surge, much like our current situation. The price was deemed 'too extended' by many, with calls for a retrace being echoed across the trading community. Yet, the expected pullback remained elusive, and the rally continued much longer than many anticipated. The charts today are painting a familiar picture. Technical indicators and price action that closely resemble the 2020 playbook suggest we may be in for a repeat performance. If history is to serve as a guide, the retrace that seems so obvious may not materialize in the manner or magnitude expected. It's a reminder of the market's capacity to defy consensus and continue on its path despite extended conditions. This is not to say a retrace is off the table, but rather that the market may not conform to the same patterns we rely on as signals. As we move forward, let's keep an open mind to all possibilities. Whether or not BTC decides to take that breath we're all expecting, our strategies must be nimble, our risk management tight, and our perspectives unanchored from past events. In Bitcoin we trust, but the market, we must adapt.
BINANCE:BTCUSD
by AI-signals
BEAMX: A New Star Emerges, Aiming for New Highs! 🚀💫Today, let's shine a spotlight on BEAMX, an emerging star in the crypto galaxy. Despite being a newcomer, it's showcasing unmistakable bullish vibes, setting its sights on the $0.5 milestone. Join me as we explore the promising trajectory of this budding coin! 🌌📈 BEAMX's Stellar Prelude: Genesis of Optimism: Fresh Arrival: BEAMX has recently entered the crypto scene, but its early performance is signaling a promising journey. Bullish Aspirations: With an ambitious aim, BEAMX is eyeing the $0.5 level, showcasing a bullish inclination from the outset. Breaking Free from the Triangle: Chart Dynamics: BEAMX has gracefully broken free from an ascending triangle, symbolizing a powerful bullish breakout. Imbalance Residue: Leaving a notable imbalance on the 4H timeframe, the stage is set for a potential retest and continuation of the upward momentum. Navigating BEAMX's Cosmic Trajectory: Retest Expectation: Anticipated Move: A retest of the breakout level is on the horizon, presenting an entry opportunity for traders. Strategic Outlook: A successful retest may pave the way for a confident push towards the $0.5 target. BEAMX's Advantage: Early Indicators of Strength: Despite its infancy, BEAMX's bullish demeanor signals early strength, attracting attention from traders seeking new opportunities. Strategic Entry Points: Traders can capitalize on the imminent retest, strategically positioning themselves for potential gains as BEAMX embarks on its upward journey. Conclusion: BEAMX, the rising star in the crypto constellation, is proving that a bold entrance can command attention. Keep a watchful eye on the anticipated retest, as it may unlock a pathway for traders to ride the bullish wave towards the coveted $0.5 milestone. May your trades be as stellar as BEAMX's ascent in the crypto cosmos! ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
CRV ANALYSIS🔮 #CRV Analysis 💰💰 🌟🚀 After the breakout of trendline #CRV is sustaining above the support zone. And if #CRV closes above $6200 then we will see a bullish move. 🚀🚀 🔖 Current Price: $0.5866 ⏳️ Target Price: $1.1175 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #CRV. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #CRV #Cryptocurrency #DYOR #Breakout
Long
by ZEUS_Market_Alerts
Video - Powerful EUR Fundamentals - AI suggests Technicals AlignGreetings, fellow investors, and welcome traders! I t's a video tutorial to share the knowledge behind my charts. If you're tuned, I'll continue sharing follow-up AI and FOREX content because there's much to learn from each other. T oday, I'm excited to share with you a fascinating generative chart I've created using a deep learning neural AI. This advanced technology enables us to analyze historical price data and identify potential future price movements. I t's a bullish trend, with daily candles aligned in an upward trajectory. I've initiated a long position at the support level, and our AI analysis indicates the potential for further growth up to the resistance level. While we might encounter a slight pullback below the double resistance, it's important to note that investor sentiment doesn't suggest any significant bearish signals. S tay tuned for follow-up content where we'll delve into more trading scenarios and strategies. It's not an investment advice. Kind regards, Ely
Long
by Elysian_Mind
2
SOLUSD Next Leg UpSolona been ripping, last ATH was around $250ish, retraced a little over 95% due to the retracement. Some considered it was a dead project as some of the FUD(SBF, Broken chain, VC etc...) and the retracement. However.... I don't think this mofo is done. The price movement has outcompeted all of the top 20 MRKTCAP. $70 is resistance and the new consolidation levels if broken, seems to want to reclaim that $250 mark sooner than later. The trend lines are point up, the FA is impenetrable at this point as alot of it is silence and a product just gets released. Risk is low given the potential upside....... $250 will be chump change if the price action continues. "Maybe this honey badger isn't my wife." -k3wLk47
COINBASE:SOLUSDLong
by kewlkat