Bullishpattern
PEPE Prepares for Parabolic Growth: Bullish Momentum Building PEPE’s price action is following a classic Elliott Wave structure, with Wave 1 now complete, followed by an ABC correction, which also appears to have finished. This signals that we’re now entering Wave 3 of a larger degree trend (marked yellow), with Waves 1 and 2 behind us.
Zooming in, the Roman numeral wave count (white) shows the completion of Wave 1 of 3 of the higher degree trend, with i (green) forming the current wave. Once i completes, we can expect a brief ABC correction, followed by parabolic growth in Wave 3.
It’s exciting to see a meme coin like PEPE following such a strong bullish trajectory. The overall outlook is highly promising, and this setup could lead to significant upside potential!
BTC Gearing Up for a Breakthrough: Election Day Could Align BTC is showing clear signs of nearing a breakout. The upper trendline (marked in yellow) is the key area to watch, and it’s only a matter of time before it gets broken. After completing a significant reset at the bottom of an XYZ or ABC pattern, BTC has now entered an impulse wave, suggesting we’ve moved past Wave 4 correction.
What’s intriguing is the timing: the top of Wave 3 of 5 seems to coincide with Election Day in the USA, hinting that a major Wave 5 of 5 flameout could follow toward the end of January. With some early signs of bullish momentum and the formation of a strong impulse wave, this long-awaited breakout is becoming more and more probable.
NVDA price bounced exactly at the green zone, around 115.25. WOWThe price bounced exactly at the green zone, around 115.25. WOW, do you remember my analysis of Nvidia from last week? I can't even believe it myself; it was incredibly accurate!
Every time I apply price behavior with price action, I always remember the words of my mentor, Al Brooks. He told me: "Just remember, Mike, price action is ALWAYS RIGHT."
I believe that it's the trader who makes mistakes, not the price action, because it will always be on the correct side.
That’s why I always recommend drawing trend lines, channels, and minimizing the use of indicators that might make you see something different. This way, you'll be more accurate in your decision when executing an order.
Going back to Nvidia...
There’s something about the last candle that has me a bit uneasy. This can be very misleading because the price HASN’T BROKEN THE CHANNEL YET! The advantage we have here is that the last candle shows a buying pressure wick, but it hasn’t fully broken out of the channel or shown volume yet. However, I still believe that Nvidia will likely break out at any moment because it bounced off my green zone, as we said in the previous analysis (well before), and it didn’t even reach the #4 sequence, which would have been at the channel’s support.
Now, we just need to wait for a breakout confirmation. But what will happen after it breaks out?
We’re looking for an N3 pattern.
An N3 pattern involves three movements:
#1 Breakout and New High
#2 Pullback and Rebound
#3 New Extreme
That simple.
Will it happen? No one knows for sure. The next step is the breakout, and after that, we let the price do what it needs to do so we can position ourselves for the next move.
Stay very alert this week!
Best regards, and thank you for supporting my analysis.
SWING IDEA - DEEPAKFERTPrice Action is making Lower Low Pattern, while MACD Cross is making Higher Low Pattern.
MACD is showing good momentum upward.
The stock should be ready for its next leg up, at least until the next Support/Resistance zone.
Worst case, a retest to the nearest Support zone @ 480 levels.
Any weekly closing under this level can take the stock to new lows.
Trade with the Trend.
SWING IDEA - VIPULORGBSE:VIPULORG is about to form a MACD Cross on the weekly charts. If the market favor this move and if it completes its crossover, the stock should easily be able to go all the way at least until its next Support/Resistance Zone.
Fundamentally speaking, the company has also started building its new Factory in Maharashtra. This could further add as a factor to get this moving in the upward direction.
SPY is looking Very Sexy ! There is 1 more step to go ! N3 Confirmed!! The price is doing exactly what we had predicted (see previous analysis).
Indeed, the price bounced in the zone we had predicted last week, creating an "N3" pattern. Now, we are waiting for the final phase of the N3 pattern, which is to reach new highs or new extreme.
What do we need to see?
This phase is of great importance because, if completed, we would be at new historical highs again.
The Key is the Last Candle: If you can observe the last candle on the chart, you'll see it has a very long lower wick. I call this a buying pressure candle; however, we need confirmation with the next candle, which should have a large bullish body in order to reach the new extremes we've been seeking.
So, we can conclude that by putting all the points together when analyzing this chart, we have a bullish outlook for the rest of next week. However, it’s important to remember that we need solid confirmation with a bullish candle to confirm we will have a green week!
Best regards and success in your trades.
Thanks for supporting my analysis.
BNB Poised for Wave 5 Surge: A Golden Setup or Last Call to ExitBNB has made a decisive move, breaking its trendline and completing Wave 4 in a classic Elliott Wave triangle. For those new to Elliott Wave Theory, Wave 5 represents the final push in the current trend, typically leading to impressive gains. Currently, Wave 2 of 5 is nearing completion, and this sets the stage for Wave 3 of 5, often the most powerful wave in terms of price action.
However, here’s the critical point: if BNB’s long-term support is decisively broken, that’s the clear signal to exit. Stay informed on both the opportunity and the risk!
SOL Price Action and Potential Cup & Handle SetupIt’s becoming increasingly clear that SOL, much like BTC, is forming a cup and handle pattern. Once the trendline is decisively broken, this pattern should lead to higher highs, with the target being roughly the same distance as the height of the cup from bottom to top. If a breakout occurs, SOL’s target could be significantly impressive.
However, unlike BTC, SOL (and similarly XRP) often doesn’t follow the typical market movements and can act independently. While I’m not a huge fan of SOL due to its more isolated nature and weaker focus on macro trends, this is an undeniably strong technical setup.
If SOL does break through the trendline, I expect it to initially pierce above, only to retest and sit on that line. If the upward trend continues from there, the cup and handle will be fully in play.
APT ANALYSIS🚀#APT Analysis :
🔮As we can see in the chart of #APT that there is a formation of "Falling Wedge Pattern". Some time ago the same structure was made and it performed well and this time also the same is happening with a perfect breakout
🔰Current Price: $8.69
🎯 Target Price: $13.15
⚡️What to do ?
👀Keep an eye on #APT price action. We can trade according to the chart and make some profits⚡️⚡️
#APT #Cryptocurrency #TechnicalAnalysis #DYOR
USDCHF short bullish expectations
USDCHF short bullish expectations, based on trend pattern. Price looks like its find, create strong base on supp zone. +We have today FOMC where i expect bullish power for USD on short term.
For stronger bullish trend confirmation we can follow break of 0.84700 zone.
There is and chance for creating of ASCENDING PATTERN, violet line is top zone/resistance of ascending triangl
TP: 0.85400 (80)
SL: 0.84100
BPCL - Long SetupBPCL has bullish harami setup and already 15m candle has sustained above the price - 337.95 for more than 10 seconds.
Targets are: 352.95, 367.95
Stoploss only when 15min candle closes below the price: 322.95
Disclaimer: This is for educational purpose only and not any financial advice
SWING IDEA - SONATSOFTWNSE:SONATSOFTW is currently about to have a MACD crossover in the weekly charts. While it took a massive drop after the last Earning report, it has been slowly, yet steadily trying to go back up again to the same levels.
We can expect the stock to start going upward once the MACD has made a successful crossover.
Try and take entries only after the MACD completes its crossover or based on your Risk Appetite & Management.
SWING IDEA - GILLANDERSMACD crossover is in play on the weekly charts.
Support level has currently formed at the 91 levels. Weekly closes above this level is crucial for a rally upward.
MACD cross has already given 12% up move so far this week. Let's hope we start seeing new highs in the coming weeks.
Bitcoin’s Ready for Liftoff!!!Everybody´s on disbelief.... Its DO or DIE today.
There is a bullish time at mode trend about to confirm on today´s daily close.
If we close the daily charts above $64,850 we´ll be in for a ride.
Targets of $67,150 and $69,950 will be in the scope.
Moon wen? fingers crossed....
REEF/USDT: LONG SCALP SETUP!!Hey everyone!
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REEF looks good here. Breaks out from the bull flag like structure and currently, retesting the flag. Long some here and add more in the dip.
Entry range:- $0.0051-$0.0053
Targets:- $0.0058/$0.0064/$0.0069/$0.0073
SL:- $0.00482
Lev:- 5x
What are your thoughts on REEF's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
AUDNZD strong bullish expectations for next periods
AUDNZD RBA coming in new week, technically what can see on medium and long term AUD having strong bullish expectations.
I watch on AUDNZD like "speacial" pair, what we are can see in last periods we have and changes on EUR and USD rate cut are start going lower, believe that will same have impact and on AUDNZD trend, expecting now stronger bullish changes on this pair for next medium and long term periods.
This period for me is highly good for entry long. Currently price on strong trend line. And +bouncing from this week on strong weekly zone (1.08100).
Expectations for RBA are bullish boost for AUD.
TP: 1.12000 (300)
TP2: 1.14000 (500)
HPCL- Bullish swing- Towards creating new ATH ?!
24.09.2024
Buy- Above 419
NSE:HINDPETRO Target-448.5
Stop Loss-391
Risk Reward- 1:1
1.Breakout- Inside bar breakout
2.Upward trend with continues HH & HL formation
3.Price reversed from Resistance converted to support level(Very strong level)
4.Good volumes increase
5. Price rejection from 50 EMA and 21 EMA
6. Very good rejection from Fair value gap
7. Price reacted from 0.382 Fibonacci
ILVUSDT LONG IDEA1. There is a 98% drop in the main trend, then there is a “time selection”. The formation starts at $55 and lasts for 747 days.
2. In the secondary trend we can see that the accumulation range is getting higher with each rise, after the formation of the descending wedge, each wedge worked out, now with a high probability will be the same, All targets are indicated on the chart.