Bullishpattern
XAUUSD) bullish) pattern channels) 🤷🚀hello traders waht do you think about this analysis trading ideas 💡)
Xauusd) bullish flag chart 📉📈 pattern channels)
follow support and resistance Levels ✔️
support levels 1985)
resistance Levels 2000)
resistance Levels 2007)
resistance Levels 2011)
resistance Levels 2017)
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NZDCADNZDCAD 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 very healthy 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
GRTUSDT - Riding the AI Narrative 🚀GRTUSDT - Riding the AI Narrative 🚀
Overview:
GRTUSDT is positioned for a bullish surge, fueled by the current narrative around artificial intelligence (AI). The intersection of blockchain and AI technologies presents a compelling case for GRT's potential.
Fundamental Analysis:
AI Integration: The increasing synergy between blockchain and AI is becoming a significant narrative in the tech and crypto space.
GRT's Role: As a decentralized protocol for the development of AI applications on the blockchain, GRT is poised to attract capital from institutions and investors keen on the AI narrative.
Technical Analysis:
Supportive Chart Patterns: The technical landscape supports the narrative, with patterns indicating a potential uptrend.
Volume Uptick: Expect a surge in trading volume as the narrative gains momentum.
Price Target:
Given the strong narrative and potential capital influx, our price target for GRTUSDT is set at 0.50 cents, representing a potential increase of around 350%.
Risk Management:
Stop-Loss: Strategically place a stop-loss to manage risk, considering recent support levels.
Diversification: Diversify your portfolio to spread risk, especially when investing based on thematic narratives.
Disclaimer:
This analysis is for educational purposes and should not be considered financial advice. Conduct thorough research and employ risk management strategies in your trading decisions.
Conclusion:
GRTUSDT stands at the intersection of blockchain and the AI narrative, offering substantial growth potential. Stay informed, monitor market developments, and trade responsibly.
Potential break through $3 scenario for CNTBAfter the good news this morning, the CNTB just got a big dip from one of the whales with weak resistance buyback force resulting in a sum of 3mil shares exchanged between buy and sale leading to a current ~$1.4. However, I noticed a similar pattern around October time where a bullish push for $1.2 and a big dip after that down to $0.79. This dip is almost 36% dip while we are experiencing $1.4 from $2.89 which is dip %51. This dip is much larger than the previous dip with potentially an uptrend bullish run for CNTB for the next 1 month run to above $3. This is a bullish scenario for the CNTB and hopefully, we will see the result of the fight between the bull and the bear!
This is not financial advice but my update views on CNTB's position after recent good news!
Tesla's Technical Tale: Unveiling Patterns, Bulls on the HorizonDiving into NASDAQ:TSLA chart, the past few months have been a wild ride. However, we spotted a Higher lows and higher highs on the 2-week candles signal a strong upward trend since January 2023.
Now, the current week is like a suspenseful moment. We've got this bull flag about to make its move, following the script of a previous successful bull flag. It's like the market is saying, "Hey, history might repeat itself."
Zooming out to September 2022, there's this massive cup and handle formation in play. Think of it like a cup of optimism, and the handle is a breather before potentially soaring higher.
And there's more drama with an inverse head and shoulders pattern hinting at a trend reversal. It's like the market whispering, "Watch out for the comeback kid."
Now, let's talk RSI. It's been dancing near a downtrend line, kind of like it's testing the waters. But, here's the twist – the RSI is perking up, getting ready for a potential bullish move by crossing its moving average.
The big question: Can the RSI break free this time? If it does, especially with a nod from the moving average, it could be the green light for the bulls.
But, hey, lessons from the past – previous attempts didn't quite make the cut. So proceed with caution.
And, oh, don't forget to listen for volume signals. A breakout with strong volume could be the cheer from the crowd for the bulls.
In this market story, where surprises are the norm, having a simple game plan and keeping an eye on the bigger picture is the secret sauce. Because, in the end, even the slickest strategies can't predict every turn in this market tale.
GBPCHFGBPCHF 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 healthy retracement 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 ?
I'll Go To The Moon (ALGOUSDT)ALGO has been trading in an ascending broadening wedge pattern since 19th October.
In that time it has risen by ~67% and is once again trading above all EMA's. The market is shaky at the moment and any drops in BTC are causing bigger drops in alts, but any increase in BTC is not necessarily increasing alts much.
In any case, despite the very recent downward pressure ALGO found support around $0.13 and is looking to push up to the top of the channel for a short-term 20% increase. In the mid-term, if a breakout of the channel occurs we can target the $0.20 range.
If there is any major downward pressure, ALGO could fall considerably to $0.10, but that seems unlikely for now.
It has been a while since ALGO has shown some strength, now that it has the explosion should be big.
Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only.
Please feel free to leave your comments and thoughts below!
GBPCADGBPCAD 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 very healthy 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
AUDJPYAUDJPY 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 very healthy 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 ?
TON's Bullish Prelude📈💪There's a new player on the market, and it's making waves with its bullish demeanor. TON, the fresh-faced token, is displaying early signs of strength, trading within an ascending triangle that hints at an imminent breakout, poised to reach $5. Let's delve into what makes TON a compelling entry into the crypto scene. 📈💪
TON's Bullish Prelude:
TON has entered the market with a burst of bullish energy, capturing the attention of traders and investors alike. Its current trajectory within an ascending triangle pattern signals a promising start for this new entrant.
Technical Strength:
Ascending Triangle Formation: The ascending triangle is a bullish continuation pattern, showcasing TON's underlying strength. This pattern suggests a potential breakout to the upside, and $5 emerges as a notable target.
Early Market Dynamics: TON's early trading patterns are indicative of a positive market sentiment, attracting interest and investment.
The $5 Breakout Anticipation:
As TON consolidates within the ascending triangle, the stage is set for a breakout, and the $5 level stands as a key target. The breakout could signify a validation of TON's bullish potential and may spark further interest in the crypto community.
Trading Strategy:
Confirmation Entry: Wait for a confirmed breakout above the upper trendline of the ascending triangle before considering an entry.
Volume Analysis: Monitor trading volume during the breakout to gauge the strength of the move. Increased volume can validate the breakout.
Risk Management: Implement sound risk management strategies to protect your capital in case of unexpected market moves.
Conclusion:
TON's bullish entry into the market, coupled with the ascending triangle formation, paints an optimistic picture. As the crypto community watches for the anticipated breakout towards $5, strategic traders may find opportunities aligned with the emerging trend.
May your trades be fruitful, and your journey with TON be filled with bullish strides.
Happy trading,
🌐
❗️Get my 3 crypto trading indicators for FREE! Link below🔑
📈 DYDX: Breaking the Charts with Precision! 💹 DYDX has emerged as a star player in the crypto charts, showcasing a compelling technical setup that has traders buzzing with excitement. The recent surge in price is not just a random move; it's a result of a clear breakout coupled with a meticulous retest of a significant accumulation zone. Let's dive into why DYDX is currently trading around the $4 mark.
Chart Analysis: DYDX's Technical Brilliance
DYDX's chart tells a tale of technical brilliance, featuring a decisive breakout and subsequent retest. The coin surged with purpose, breaking out from a well-defined accumulation pattern that took the form of a symmetrical triangle. Such patterns often signify a period of consolidation before a powerful move, and DYDX did not disappoint.
Technical Indicators: The Precision of the Breakout
The precision of DYDX's breakout is evident not only in the strength of the move itself but also in the subsequent retest. The price action confirms a clean and well-executed escape from the accumulation zone, showcasing the market's confidence in DYDX's upward trajectory.
Trading Strategy: Navigating DYDX's Momentum
For traders eyeing DYDX, the breakout and retest present a prime opportunity for strategic entries. Monitoring the coin's momentum and confirming the sustainability of the upward move will be crucial. A well-crafted trading strategy, considering these technical nuances, could position traders favorably in DYDX's promising journey.
Conclusion: DYDX's Charting Triumph
DYDX's recent price surge is more than a mere spike; it's a triumph in charting precision. The breakout from the symmetrical triangle, followed by a calculated retest, speaks volumes about the coin's technical strength. As DYDX continues to chart its course, traders are poised to ride the momentum of this well-executed move.
🚀 DYDX Analysis | 📊 Technical Breakouts | 💡 Trading Precision
Are you diving into DYDX's charting triumph?
Share your insights, strategies💚🌐💚
❗See related ideas below❗
Possible XAUUSD movementEnglish
I´m going to make an analysis on a monthly timeframe looking for our market structure, we have all the HH and HL with at least 50% of our fibo retrament.
We take a look at the fibo retracement to see where could I take profits when the price breaks the last H and we found two interesting zones (-10% and -27%),
that is a rare way to use the fibo retracement, but it really works.
Then, I checked if the price let any debt to look after it and I found one in the 100% price of our fibo extension, the price is going to be there (close to the price 1406)
in some time (weeks, years or even decades), when? We have to take a look at it then. In that price we could star buying.
On a weekly time frame there is a kind of bearish structure, not too clear, but on a daily and 4hrs time frame look better, it is making LL and LH and
if nothing happen in the conflict in the middle east, could look for prices right down.
*THIS IT NOT INVESTMENT RECOMMENDATION OR SOMETHING LIKE THAT, THIS IS ONLY FOR ANALYSIS AND EDUCATION PURPOSE*
Español
Voy a analizar el mercado en temporalidad mensual para identificar nuestra estructura de mercado, tenemos altos más altos y bajos más altos con al menos un 50% de
retroceso de Fibonacci.
Echamos un vistazo a nuestro retroceso de Fibonacci para identificar donde podríamos tomar profits cuando el precio rompa ese último máximo y encontramos dos zonas interesantes
(-10% y -27%), esa es una rara manera de usar el retroceso de Fibonacci, pero realmente funciona.
Luego, verifiqué si el precio dejo alguna deuda para tener en cuenta y encontré una en el 100% del precio en la extensión del fibonacci, el precio llegará allí (cerca del precio 1406)
in algún momento, (semanas, años o incluso decadas), ¿cuándo? Tenemos que ver con el tiempo, pero en ese precio podemos comenzar a comprar.
En temporalidad semanal hay un tipo de estructura bajista, no tan clara, pero en diario y 4Hrs se ve mucho mejor, está dando bajs más bajos y altos más bajos y si nada
sucede en el conflicto en medio oriente, podríamos buscar precios abajo.
*ESTO NO ES RECOMENDACIÓN DE INVERSIÓN NI NADA QUE SE LE PAREZCA, ESTO ES SOLO PARA ANÁLISIS Y EDUCACIÓN*
PENDLE/USDT LONG SCALP SETUP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this PENDLE/USDT Trade setup.
PENDLE forming bull flag like structure in 1hr time frame and currently, bouncing from the lower trendline of the bull flag. Might see a 25-30% move to the upside from here.
Long here with tight SL.
Entry:- Long at CMP and add more up to $1.04
Target:- 30%
SL:- $1.01
Lev:- 10x
If you like this idea then do support it with like and follow.
Thank You!
GBP/USD Potential Bullish Reversal - Cup and Handle FormationGBP/USD is currently on the verge of the lower boundary of an upward channel and forming a Cup and Handle pattern, indicating a potential bullish reversal. The entry point may occur after the price successfully breaks and retests the SNR level at 1.23113.
Technical Analysis:
-The Cup and Handle pattern is forming, signaling a potential bullish reversal.
-The price is approaching the lower boundary of the upward channel.
-SNR level at 1.23113 is a critical point for breakout confirmation.
Trade Plan:
-Entry Point: Wait for the price to break and retest the SNR level at 1.23113.
-Stop-Loss: Place a stop-loss below the nearest support level or according to your personal risk tolerance.
-Profit Target: Set a realistic profit target, possibly at the next resistance level (1.25497)
Special Considerations:
-Monitor economic news and fundamental factors that may affect GBP/USD.
-Do not hesitate to exit the trade if there are significant changes in market conditions.