EUR/GBP:Wait for the next trade!!!
In case that EUR/GBP forming a consolidation patter like triangle symetric or any chartist pattern, this it's a signal of liquidation and the key point its's above of 0.8402 GBP to watch out.
The Daily candlestick closed up with a wick and body of indecision market, And we would need to wait. But a possible signal could to find up in the next up.
We still monitoring Euro/Great Britain Pound to trade in short or long. But wait!!!
Bullishsetup
#FARM Buy Setup 4hr TimeframeFarm is in buyer's market and moving accurately according to pullbacks. We are in last pullback of farm moving toward demand zone from where reversal can happen toward new higher high. This coin has very limited supply so it can fly high as 1k$ in long-term but in mid-term i can see good buy setup for this coin.
All things explained in chart. Buy in parts and then take profit whenever you want.
First buy zone is in range of 127$ to 117$ and second buy zone is in range of 110$ to 97$. Anything below 90$ is no trade zone. Hard stoploss can be 80$.
Take profits: 188$, 224$, 285$.
This is not a financial advice. Always do your own research before investing. If you like my work do follow for further updates with such setups.
BTC/USD: Bought in this break up lineBitcoin show today streghten in the price and right now, I see a bullish divergence formed very good and that it's signal that bulls could to up the price at least $43,500 USD.
This it's the H4 timeframe
And also, in Daily we closed up with a bearish rejection of the wick, and that could be signal that we're find here a demand zone.
So guys, my trade that I want to have a perspetive it's that Bitcoin could to go back to $43,500 USD and maybe from this point, this will be a resistance zone that bears are taking control of it.
XAUUSD - GOLD CUP & HANDLE PATTERNGold is forming a large cup and handle pattern and seems to be almost ready to break above the handle to have a major move up after consolidating for the last year and a half.
Rising inflation and the conflict between Ukraine-Russia increases the likelihood of an uptrend. FED meeting in March will be a key event for the overall markets. A greater than expected interest rate increase may cause a short term downtrend. However, longer term outlook is bullish.
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* Not a financial advice and please do your own DD.
BTC/USD: Bull trend continuationBitcoin show us a strenghten in the price. So, I will follow this updtrend by H4 and H1 timeframe.
Following the H4 timeframe. I see that Bitcoin will going to the bull rally. So, I'm in long and vote for bullish.
Also, for reference, I fount out a Shoulder Head Shoulder Inverted in Daily timeframe. And that could be a bullish signal in the Bitcoin price.
LTC/USD: Bullish Butterfly HarmonicLitecoin forming this bullish butterfly Harmonic Pattern in H4 timeframe. But also, in price action I look from this point a bullish reversal. My consider target it's toward $135 USD.
So I bullish in Litecoin and this it's an interesting trade to put long in Litecoin.
Also for reference, I look the same in Bitcoin, Ethereum and Cardano. They'll forming a bullish pattern as indication that market will go to long. But for me, Litecoin it's enough and very interesting trade what I found out.
BTC/USD: Possible accumulation zone toward new ATHBitcoin could to continue bullish forming this Elliot Wave Analysis. Maybe, I thinking that Bitcoin it's in the phase #4 in development
.
Also, we could to forming a ascending triangle that it's in formation to take in our radar!!!
This it's just my idea!!!
#SMH and all semi plays#SMH is seeing increased bullish volume ( blueish nodes ) compared to bearish volume ( orange nodes ) on the volume profile sitting on a great spot ontop of a volume shelf with plenty of room to push to the top side if we can keep this trend so far don't dive into plays in current market ease into them to manage your risk as best as possible
ADA/USD: Long Position toward $1.37 USDCardano forming this bearish channel, but also, I want to share this analysis in Daily timeframe here where I believe that we're in the bounce zone.
Now, in H4 I look a simetric triangle in formation, but in RSI I look that RSI it's making a lower high in H4 timeframe, and also in Daily we can to look it.
It's interesting in this long position, I will buy to long position in the market price, my SL will be set around $0.95 USD. You can to put your SL around $0.95 to $0.90 cents.. Now, my target will be so longer for days around $1.37 USD.
ETH/USD: I expect this bullish reversal toward $2,700 USDIn this Daily analysis, Ethereum could to make this bullish reversal and after this drop of Ethereum from $3,200 USD in the past weeks. We look that Ethereum need to make a reversal before to continue drop. At least in my point of $2,700 USD approx.
I hope that this quickly anaysis will support you!!!
ETH/USD: Bullish momentum Ethereum it's look extremely bullish in H4 timeframe. So, we could to put a buy order limit at $3,335 USD and SL at $3,240 USD. And my target toward $3,680 USD approx. I look a long position in Ethereum into this bearish channel. This it's just a pump and reversal into the trend in Daily timeframe and following the H4 timeframe as Ethereum it's being lead for H4 timeframe.
This it's a risk/benefit of 1/3.8. It's an great benefit if Ethereum reach my target toward $3,680 USD. A risk of 2.90% and benefit of 10.20%
ADA/USD: Bearish Channel and Bullish Divergence in RSIIn Daily timeframe, we look a bearish channel where Cardano confirm this chartist pattern where I put these 4 red arrows, they are an indication of the point of this bearish channel pattern. And also, I mark 2 liquidity points that maybe it's a scenario of institutional where they use it to make liquidations that work like key points.
Also, in the RSI it's very strange that show us a lowe high in this indicator and price action mark lower low. That it's strange that it's appear a bullish divergence in this analysis. And that could be a signal of go back to the bull rally in Cardano. So, If Cardano break up the liquidity point in the level of $1.61 USD. We could to see a possible bullish movement and return of bulls.
I hope that this idea will hope you so much!!!
Crypto Elliott Wave Analysis: YFI Is Forming Bullish SetupHello Crypto traders!
Today we will talk about cryptocurrency YFI in which we see pretty clear bullish formation, at least for a short period of time.
Crypto market is bearish in general and most of ALTcoins are still looking lower, but YFI is currently one of the strongest and we can already see it turning nicely up with five waves after a completed big (A)-(B)-(C) corrective decline from the highs.
Five waves up from the lows suggest that market found the support/bottom, at least temporary one. So, recent rally we see as a first leg (A)/(1) that can be now followed by a three-wave A-B-C pullback in wave (B)/(2) before we will see further rally into wave (C) or maybe even wave (3).
Ideal support would be around 61,8% Fibonacci retracement and 27k-25k zone, while invalidation level is at the previous 17k lows.
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Bitcoin: What Scenario there in the chart?Bitcoin it's in the middle of this structure and price turn around $47,500 USD. Now, I believe that Bitcoin could to drop around $42k key possible level to confirm this level like support. But, we can't to say it. But in case that Bitcoin break the $42k, bears will go to crash the Bitcoin price toward previously level at 30k approximately. Also, another hypothesis that I put here it's that in weekly timeframe we look a formation of bearish pattern like double top and that will be a bear signal that bull rally just stopped at 68k (new higher price)
But in any case, we should be prepare for this both scenarios. But in me, I'm bearish in cryptocurrencies and Bitcoin. But I consider this analysis like neutral.
BULLISH ON TATA STEEL LTD.NSE:TATASTEEL
currently taking good support and shows bullish reversal . and also there is common pattern which this stock shows earlier also as after taking support on Simple Moving Average 44 , show bullish trend in a WEEKLY time frame.
IT CAN BE A GOOD TRADE.
Do your own analysis before investing.
Another setup for TONE/USDTOn the last TONE setup all targets got hit. (idea below)
Tone have been pulling back.
On the 8H chart you see a clear hidden bullish div.
on the 4H you see a possible elliot correction wave,
At the moment theres some bullish divergence on the rsi
and the MACD show early signs of a possible reversal
Tone got some strong resistens at .10 but this setup is the first with a measured move higher than .10
Tone has some strong fundamentals, we could see a much higher price in the furture.
Trade safe, and profit will come by it self.
SOL/USD: Buy in the 0.618% Fibonacci Solana it's showing us an interesting long position in H2 timeframe and also in H1 timeframe. I'm more enfocous in H2 timeframe, we look that I mark these 2 blue arrow that show us a bull candlestick signal and this cryptocurrency could to continue climb in the next hours.
Now, Solana touch the 0.618% Fibonacci retracement, this it's the golden zone that you can to put a long position in this cryptocurrency.
My price entry was around $246.33 USD with the SL at $234.29 USD (0.88% Fibonacci level) and my target at $277.46 USD (-0.618% Fibonacci target)
H4 timeframe it's look bulish too!!!
Good luck!!!
ADA/USD: Key support zone to holdCardano it's in the neutral market in hourly timeframe since a lot weeks. But I believe that we could to entry in the accumulation phase to go to make any movement.
So, we hold this key support zone above of $1.87 USD and also, you can to entry to long position. You can to put your SL at $1.68 USD and target at $3.10 USD (The new historical maximum price).
In my part, I'm in long in Cardano and Bitcoin for now.