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Bullishpattern

Bitcoin: Promising Patterns and Potential BreakoutBitcoin's recent price action has been nothing short of captivating for traders and analysts alike. On the daily chart, we've observed the formation of an Inverse Head & Shoulders and a Cup & Handle pattern, both of which have now transitioned into a Bull Flag. These bullish signals suggest a strong potential for upward movement. Zooming into the 4-hour and 1-hour charts, we can see prominent Ascending Triangles taking shape. These patterns are often harbingers of significant breakouts, and it appears that Bitcoin is winding up for a substantial move. Moreover, when utilizing a Trend-based Fibonacci Extension on the daily timeframe, the golden pocket points to a target of $126k, with the next pocket at $185k. This aligns with historical data and technical indicators, suggesting that Bitcoin might be poised to rewrite history once again. Stay tuned as we monitor these developments and anticipate what could be a historic breakout for Bitcoin!
Long
by impossiblebull
#BNXUSDT further bullish movement📈 LONG BYBIT:BNXUSDT.P from $0.6836 🛡 Stop Loss: $0.6436 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:BNXUSDT.P broke through a key resistance at $0.6791, confirming buyer strength and signaling further bullish continuation. ➡️ Volume is increasing, indicating strong market interest in the uptrend. ➡️ POC at $0.4528 suggests that major liquidity was accumulated significantly lower, reinforcing the bullish trend. ➡️ The next upside target is $0.7396 , followed by $0.7873 if momentum continues. ⚡ Plan: 📈 Bullish Scenario: ➡️ Enter LONG from $0.6836 if the price maintains support above this level. ➡️ Manage risk with Stop-Loss at $0.6436 to protect against downside moves. 🎯 TP Targets: 💎 TP1: $0.7396 — first resistance level, potential profit-taking zone. 🔥 TP2: $0.7873 — strong level where buyers may exit. 🚀 BYBIT:BNXUSDT.P Expecting further bullish movement! 📢 If the price BYBIT:BNXUSDT.P holds above $0.6836, further upside toward $0.7396 and $0.7873 is likely. 📢 However, if it drops below $0.6436, the bullish setup may be invalidated.
BLong
by MoriartyTrading
#ATOMUSDT further bullish movement📈 LONG BYBIT:ATOMUSDT.P from $4.842 🛡 Stop Loss: $4.800 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:ATOMUSDT.P is bouncing off key support at $4.800, confirming buying interest. ➡️ The price has broken through $4.842, which could trigger further bullish momentum. ➡️ POC is positioned lower, suggesting strong volume accumulation below, reinforcing the bullish trend. ➡️ Primary upside target: $4.905, followed by $4.960 if momentum continues. ⚡ Plan: ➡️ Enter LONG from $4.842 if price holds above this level. ➡️ Manage risk with Stop-Loss at $4.800 to protect against sudden reversals. ➡️ Main upside targets: 🎯 TP Targets: 💎 TP1: $4.905 — first resistance, potential profit-taking level. 🔥 TP2: $4.960 — next strong level for possible exit. 📢 If the price holds above $4.842, further upside toward $4.905 and $4.960 is likely. 📢 However, if it drops below $4.800, the bullish setup may be invalidated. 🚀 BYBIT:ATOMUSDT.P Expecting further bullish movement!
Long
by MoriartyTrading
GOLD 4H TECHNICAL ANALYSIS GOLD ATH / READ CAPTION CAREFULLY Dear Traders, Please find our updated analysis of the 4H Chart (5th February): Key Observations: Orange Circles: Highlight previously achieved targets, showcasing the precision and effectiveness of our analysis. Previous Chart Review: TP1 (2788): Successfully hit. TP2 (2815): Successfully hit. TP3 (2841): Successfully hit. Market Overview: * TP1 (2850) Successfully Achieved * GOLD is trading at an ATH of 2851, oscillating between the weighted level with a gap above 2850 and a gap below the 2823 Entry Level. * EMA5 and FVG are offering strong support in this range. * Price action will test these levels side-by-side until a decisive break and lock above/below the weighted levels confirm the next directional move. Resistance Levels: 2850, 2876, 2903 Key Support: 2776 Support Levels (GOLDTURN Levels): 2828 (Critical Weighted Level) 2803 (Critical Weighted Level) 2776 (Major Support Level) 2747 (Lower Major Demand Zone) EMA5 (Red Line): * Currently below TP1 (2850), indicating sustained bullish momentum. * EMA5’s behavior will be pivotal in determining the next price action trajectory. Recommendations * Focus on EMA5 Behavior: Bearish Case: * If EMA5 holds below TP1 (2850) and resistance levels remain intact, bearish momentum may drive prices to retest GOLDTURN weighted levels. * Scenario 1: If EMA5 crosses and locks below Entry 2823, expect further bearish movement toward GOLDTURN 2803. * Scenario 2: If EMA5 crosses and locks below GOLDTURN 2803, anticipate another decline toward the major support at GOLDTURN 2776. Bullish Case: Scenario 1: If EMA5 crosses and locks above TP1 (2850), the next bullish target is 2876. Scenario 2: If EMA5 crosses and locks above TP2 (2876), the subsequent bullish target will be 2903. Scenario 3: A crossover and lock above TP3 (2903) will set the stage for the next target at 2925. Short-Term: Utilize 1H and 4H timeframes to capture pullbacks at GOLDTURN levels. Target 30–40 pips per trade, focusing on shorter positions in this range-bound market. Each Level allows 30 -40 pips bounce, buy at dip level for proper risk management Long-Term Outlook: * Maintain a bullish bias, viewing pullbacks as buying opportunities. * Buying dips from key levels ensures better risk management, avoiding the pitfalls of chasing tops. Final Thoughts: Trade with confidence and discipline. Our detailed and accurate analysis equips you to navigate market movements effectively. Stay tuned for daily updates and multi-timeframe insights to stay ahead in the game. Please support us by likes, comments, boosts and following our channel Best regards, 📉💰 The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
Nifty's Next Move? 24,000 on the Cards!The hourly candle formed on Friday, 7th Feb looks promising! A bullish engulfing pattern, confirming RD while taking support at AVWAP, sets up an interesting long opportunity. With the low of this candle on a closing basis as SL, going long makes sense. 📈 Upside Target? 24,000 in the coming weeks! 📉 What about ATH? A new all-time high (ATH) looks unlikely unless we see a clear breakout above the heavy supply zone of 24,200 - 24,300. 🔍 Trading Idea For now, shorting PUTs seems like a good play, aiming for 23,800 - 24,000 levels with a clear SL of closing below 23,400. 👀 What's your view? Drop your thoughts below! 🔥📊 ⚠ Disclaimer: This is my personal view and not a recommendation or tip. Please do your own due diligence and study before making any trading decisions. NSE:NIFTY
NSE:NIFTYLong
by dixitsoham7
Dogecoin (DOGE/USDT) Technical Analysis - February 2025Overview: Dogecoin has shown a notable shift in its price dynamics, with significant retracements and key technical indicators suggesting potential upcoming moves. Analyzing the 4-hour chart on Binance, we observe critical support and resistance levels, along with key Fibonacci retracement zones. Price Action & Key Levels: Current Price: $0.24647 Key Support Levels: $0.24330 (1.618 Fib), $0.23188, $0.11269 Resistance Levels: $0.30 (psychological), $0.40, $0.48500 (recent high) The price is hovering near the 1.618 Fibonacci extension at $0.24330, acting as a critical support zone. A breakdown below this could push DOGE towards the next support at $0.23188 and potentially $0.14499 (2.618 Fib level). Indicators Analysis: MACD: The MACD line is slightly below the signal line with a histogram showing minimal bullish momentum. This indicates a potential for continued consolidation or bearish pressure unless a bullish crossover occurs. RSI: Currently at 37.85, the RSI indicates that DOGE is approaching the oversold territory. The RSI-based moving average at 38.72 suggests bearish sentiment but not yet in extreme conditions. Volume: A noticeable decrease in volume signals weakening buying interest, supporting the bearish outlook unless renewed demand emerges. Fibonacci Retracement Insights: The retracement from the recent high around $0.40236 shows DOGE struggling to maintain key Fibonacci levels. Failure to reclaim the 0.618 retracement zone could lead to deeper corrections towards the 2.618 and 3.618 extensions. Outlook & Trading Strategy: Bearish Scenario: A break below $0.24330 may trigger further declines towards $0.14499. Traders could consider short positions with tight stop losses above $0.25. Bullish Scenario: A rebound above $0.30 could reignite bullish momentum, targeting $0.40 and beyond. Conclusion: DOGE is at a crucial juncture. While bearish indicators dominate, the proximity to key support levels and oversold RSI conditions hint at a potential short-term bounce. Traders should monitor volume spikes and MACD crossovers for confirmation of trend reversals.
Long
by CryptoObi
JTO ANALYSIS📊 #JTO Analysis ✅There is a formation of Descending Channel Pattern in daily chart with a breakout and retest the levels. We would see a good price moment in few weeks if breakout sustains here and also breakout the major resistance zone 🧐 👀Current Price:  $3.220 🚀 Target Price:    $4.100 ⚡️What to do ? 👀Keep an eye on #JTO price action and volume. We can trade according to the chart and make some profits⚡️⚡️ #JTO  #Cryptocurrency #Breakout #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
1
BTC | W-BOTTOM Pattern Continuation - UPDATEA quick continuation on yesterday's BTC update, with regards to the bullish W bottom pattern that likely takes us into the new ATH. There are a few conditions that need to be met in order to "secure" the W pattern, but we're currently not seeing these conditions met. The good news, is that it's beginning to look more like a cup an handle pattern, also a bullish pattern. This daily lose and especially the weekly close is going to be a KEY candle close to watch. ___________________ BINANCE:BTCUSDT
Long
by CryptoCheck-
2
$SFM outperforms the Consumer Stables ETF $XLPNASDAQ:SFM outperformed the Consumer Discretionary select sector SPDR fund $XLP. Sprout Farmers ( NASDAQ:SFM ) has been a great momentum stock within the consumer staples. It has outperformed all the stocks with the of the AMEX:XLP in the last 5 Year period. It has also outperformed other momentum ETFS like Technology sector ETF $XLK. In this Chart we plot SFM against XLP and we clearly see that when consumer staples ETF AMEX:XLP is struggling NASDAQ:SFM is making new highs. NASDAQ:SFM chart shows a bullish golden cross when 20-Day SMA is above 50-Day, 100-Day and 200-Day SMA.
NASDAQ:SFMLong
by RabishankarBiswal