Bearish Crab Signals Reversal on NZDJPY: Wave 4 Correction AheadHello Traders,
It's been a while guys.
Below is my analysis of the NZDJPY pair.
A bearish crab pattern has formed on NZDJPY after a bullish rally from 86.273 (September 16) to 91.222, suggesting a potential reversal. The rally from 86.273 to 91.222 is characteristic of an impulsive wave 3, and after wave 3, a corrective wave 4 is expected, which typically retraces a portion of wave 3’s gains. We expect a wave 4 correction targeting 89.341 initially. If wave 4 extends into a deeper correction, the next target levels are: 88.767 (second support level)
88.197 (third support level).
The bearish outlook is invalid if the price closes above 91.757.
Cheers and happy trading.
Bullishrally
SHIB ANALYSIS🔮 #SHIB Analysis 💰💰
🌟🚀 As we can see that #SHIB was following Falling Wedge Pattern in 6hr time frame and gave a breakout. Currently #SHIB is trading in a parallel channel. Broken out of parallel channel could lead to a bullish rally📈📈
🔖Current Price --- $0.00002730
🎯Target Price -----$0.00003793
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #SHIB . 🚀💸
#SHIB #Cryptocurrency #DYOR
CELR ANALYSIS🔮 #CELR Analysis —— BREAKOUT 🚀
💲💲 #CELR was trading in a Symmetrical Triangle, and breakout has already confirmed and also the breakout of major resistance zone, expecting bullish rally towards $0.07129 and more💰 In Coming Days ✍️ ✅
📊Current Price -- $0.03325
🎯Target Price -- $0.07129
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#CELR #Cryptocurrency #Breakout #DYOR
📈Bitcoin Next Stage 70K? / 2 Scenarios ahead of Investors📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders.
The cryptocurrency market has entered its bullish rally, but keep in mind that Bitcoin miners are planning to sell their Bitcoin before the halving event in order to make a good profit from this price growth. Considering that the price is approaching the Fibonacci channel, the possibility of price correction in the coming weeks is very high.
Following the previous Bitcoin analysis, I closed my positions at around $50,000 and am not going to enter the trade on the current weekly candle, right now I am waiting for the next 3 days ahead.
The ATR level in period 3 shows around 8500, if the last weekly candle remains above this value, the price trend of the next week will be bullish.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
ALTCOINS BULLISH RALLY AHEAD IF? Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Total3 market cap update. Total3 generally indicates the market cap for all Altcoins excluding BTC and ETH.
Now let's get to the chart.
Total3 is forming an inverse head and shoulder pattern here where the breakout of the neckline is still pending.
Once it breaks the neckline we will see a pretty good rally in Altcoins.
I'm expecting a bullish rally in Alts in the month of July and August. All i"m waiting for is to break this neckline. Let's see how it goes.
What do you think about this?
Do you also think that we might see a good rally in Alts in the month of July and August?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
BTC BULLISH RALLY MIGHT START FROM NEXT WEEK! HERE'S WHY??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this important BTC and Dollar index comparison. Dollar index is inversely proportional to the BTC.
We might see a bullish rally in BTC from next week. Here's the reason.
As you see in the chart of DXY, it is reaching its major resistance level which is at around 103 level. Previously two times we saw the rejection in the Dollar index exactly at this same level.
While the Dollar index gets rejected a new bullish rally starts in BTC. So if we get the rejection from the same level this time also then we witness another bull run of BTC.
Invalidation level:- If DXY breaks and closes above the 103 level (Any weekly candle) then this chart becomes invalid.
Let's hope that we got the rejection this time also and we see a new bull run of BTC.
What do you think about this?
Do you think DXY gets rejected from the resistance and we see a bull run or do you think that it breaks the resistance level this time?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Jabba the HUT.Either this stock will die due to over-bloating or will tear the universe like some space-criminal gang. Two random gaps down in the summer downturn below the BBs on the daily. Then they're was one final bottom out and a rebound. HUT basically follows BTC. Do I see a BTC rally soon? It's got indicators for it which I outline in a different post but it's a little outdated. Right now MSM is basically saying GO VALUE GO OIL STAY AWAY FROM RISK OR GROWTH. Imo this is a bullish indicator. I think the institutional buyers are finishing their shorts, slowly rebuying which is why we see some consolidation. Either it rebounds (which I think it will around Feb 10th, the next CPI report) or it tanks. I think there is no in between. Though, I do see some evidence for a rebound. Volume, oversold RSI, BB pattern. Let's see how it goes but I lean bull.
Bitcoin Technical Analysis Bitcoin Technical Analysis Update: After BTC retested the local support area (near 36200) and entered the demand zone , the buying pressure started to push the price upward toward the local resistance line (37500) which bulls could eventually break it where the bullish rally started until it reached the major resistance area (40500 - 42000)