4HR Inverse H&S Weekly - 3 weeks ago made a very large liquidity wick followed by a bullish
Bullish Engulfing candle. This is a good indication that price is changing
direction and will push to the upside.
Daily - Bullish M on the daily Price came back to my daily zone correctly which is a sign that
Bearish momentum is slowing down.
4HR - Inverse Head and Shoulder on the 4HR, I have placed my limit
Bullishsetup
Mock Up Price Action for CSPRUSDT | Near/Mid Term (1D)Mock Up Price Action for OKX:CSPRUSDT | Near/Mid Term (1D)
Realistic bull run paths, timelines, and price points I'm considering
I think price action will be reminiscent of bull runs from previous cycles for coins like KUCOIN:TELUSDT , BINANCE:FTMUSDT , BINANCE:ADAUSDT , BINANCE:XRPUSDT
Previously posted idea with colored lines are overlays of these other altcoin bull cycle movements
GMT ANALYSIS (breakout)🔮 #GMT Analysis - Breakout Trading 💰💰
🌟🚀 #GMT was trading in a Ascending Triangle Pattern and here we can see that #GMT gave a great breakout. We can expect a long rally in #GMT if it sustain this breakout.💲💲
🔖 Current Price: $0.1170
⏳️ Target Price: $0.1370
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀
#GMT #Cryptocurrency #Breakout #DYOR
DeFi Bulls Can Be Ready; Elliott Wave AnalysisDeFi Index made nice and clean five-wave rally from June of 2023 into March of 2024, which confirms bottom in place, especially if we respect a complex W-X-Y corrective decline since March 2024 highs till August 2024.
It's actually already bouncing quite strongly away from key 78,6% Fibo. retracement after potentially completed projected complex W-X-Y corrective setback, but to confirm bulls back in the game, we need to see it back above channel resistance line and 861 region.
After recent stock market sell-off due to recession fears, Crypto market slowed down again, but now that risk-on sentiment is back with bullish stocks and bearish USdollar, seems like even Crypto market may stay in the bullish trend, especially if we consider an inflation cool-down and upcoming interest rate cut in US.
PEOPLE ANALYSIS (ready for breakout)🔮 #PEOPLE Analysis - Breakout 🚀🚀
💲💲 In 12hr Timeframe,Falling Wedge Breakout is Done✅
Ready for a breakout in #PEOPLE but right now we can see that #PEOPLE is trading below its crucial resistance zone and if #PEOPLE breaks the resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $0.05580
📈Target Price -- $0.10800
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#PEOPLE #Cryptocurrency #Breakout #DYOR
BlackRock Bitcoin ETF Is Forming An Intraday Bullish SetupIf we take a look at the hourly chart of BlackRock Bitcoin ETF with ticker IBIT, we can see nice and clean five-wave intraday rally from the lows, followed by an a-b-c corrective setback with first support at 32 area, while second deeper one would be around 31 area. So, seems like it's forming a nice intraday bullish setup formation, thus watch out on a bullish continuation, while it's above 28 invalidation level, just keep in mind that bulls may step in above 34.15 level.
#Coffee beginning of another rallyPrice recently managed to break above the bearish trendline that previously kept it lower during the recent bearish corrective move.
Now that the price has broken above this counter-trend trendline and formed a bullish impulsive move, we can wait for wave 4 to complete and try to benefit from the fifth wave.
Let me know if you would like me to publish an analysis in a lower timeframe on this chart to take advantage of this rally.
BDL - BREAKOUTBharat Dynamics is a Government of India Enterprise. It is engaged in the manufacturing of guided missiles and allied defence equipments.
FUNDAMENTAL
- Company is debt free
- 1 year return : 200 %
- 5 year return : 900 %
- Company is generating wealth
- Free cash flow 10Y : 2300 cr
TECHNICAL
- After 1 month of staying in a range and a few attempts of breakout, the stock is finally breaking out towards new highs.
- RSI is 70 on daily which may be slightly overbought but if can be bought for a swing trade ( 3 - 5 trading days )
- Trading above 21 and 50 EMA - Bullish
- MACD attempting to cross over.
Overall for swing trade : BULLISH
For Investment : Wait for pullback as RSI on monthly TF is 90 which is highly overbought.
Place a SL
If you missed your entry, wait for a pullback and enter at the retest zone or when crosses the high of the pullback.
Happy Trading:)