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Bullish Trend Line

Ethereum ETH - More upside is coming! | Elliott Wave | Channel People are calling for ETH to flip BTC, but this is really a serious thing. If BTC loses its #1 position, then it could be a catastrophic scenario and may cause a panic sell of BTC. Of course, this event will take down all coins. But I don't really see any reason for ETH to flip BTC. If you want to bet on it, then good luck, but the chances are really low in my opinion. But overall, Ethereum is still one of the strongest altcoins in the crypto market at this moment. I expect one more impulsive wave to the upside to complete the superior impulsive wave (as per my Elliott Wave count). Also on the daily chart, we have an ascending parallel channel with a very well respected upper trendline. There is absolutely no bearish divergence on the RSI indicator, so the uptrend is really strong and stable. Of course, there is a possibility that we will retest the parallellity of the channel from the downside. Look at my ideas about Bitcoin, alt season and BTC dominance in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
51
Bitcoin BTC - Explosive breakout soon! | Wedge | Elliott Wave Bitcoin is still struggling to do an impulse wave with a gap. The rising wedge is close to a breakout, but be aware of a possible fakeout first. On the daily/4h chart, we have a total of 9 waves, which is really great at this point, because this indicates a motive/impulsive structure. Generally, 5,9,13,17,21 are motive/impulsive structures. On the other hand, 3, 7, 11, 15, 19 = corrective structures. Please keep that in mind! So if we drop even lower from this point, to 20k, for example, then we can count this 9-wave structure as an impulsive wave and we can expect much more later. As per my Elliott Wave analysis, the next wave to the upside should be a massive impulse wave that all bulls want to see. The rising wedge also looks a little bit like an ascending triangle, which is, of course, a very bullish pattern. Next stop 32,500 USDT. We can also wipe out all stop losses at this level before a possible consolidation. I expect tremendous gains for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
74
FTX FTT - Strong altcoin! Huge base + Elliott Wave FTT is a very reliable and strong altcoin that you can find on the crypto market, together with BNB. FTX exchange is growing really fast, and there is a lot of demand for the token. If you want reliable and stable gains, this is a great choice for the long term. We have a clear and very bullish structure (rectangle consolidation) and the bulls successfully defended the previous swing low. My Elliott wave analysis suggests that we have completed an ABC correction (ZigZag 5-3-5) and we are prepared for the next impulse wave from here! If we take a look at the volume indicator, we can see very low bearish pressure, so it's really good to see. Our profit target could be 0.618 FIB extension from Wave 1 -> Wave 2, but I think we can go higher. We need to wait for the price to develop. I expect tremendous gains for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
41
Golem GLM - 2000% gains, hidden GEM! GLM has been consolidating since 2019 with sideways price action, and it looks like we can experience an explosive move in the immediate short term! On the weekly chart, we have an ascending triangle and a falling wedge. Both these patterns are generally bullish. The price is now above the 200 weekly moving average. This MA is considered a strong level by huge institutions and hedge funds. Golem is listed on all major exchanges, so pretty much everyone can buy it. This altcoin can explode at any time, and it usually happens very quickly! The altseason is in progress and you can check out my idea about BTC.D in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
64
Bitcoin BTC - Explosive move soon! Next stop, 32 000 USDT! Bitcoin is absolutely prepared for an explosive move, with a high probability of success. As you can see on the chart, we have just finished a corrective structure (ABCDE ascending triangle) as wave 2 and now we can expect a massive third impulse wave to the upside! Triangles usually have a 3-3-3-3-3 structure as per Elliott Wave rules, and this is a textbook example pretty much. We have a first wave as a leading diagonal and I presume this makes sense from the time perspective. The next major resistance level is 32, 000 USDT, with some minor resistance for intraday pullbacks. The major EURUSD pair is breaking out bullishly, which favors Bitcoin because of the weak dollar. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
58
TOTAL Crypto market cap - New rising wedge on the weekly chart! 2023 is going to be a very bullish year for crypto in my opinion! I believe we can reach a market cap of 6-7 trillion dollars by December 2023. Most likely, you have never seen this rising wedge elsewhere, because it's a brand new pattern on the weekly scale (LOG). 200 moving average is considered a strong support by huge institutions and hedge funds, and the bulls successfully defended this area. As per my Elliott Wave analysis, the ABC correction has been completed on the macro scale, and now we are ready for another bull market. We have a tremendous confluence to buy cryptocurrencies at this moment, as you can see on the chart. I expect massive gains for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
CRYPTOCAP:TOTALLong
by UnknownUnicorn2537518
42
Bitcoin BTC - Acceleration very soon! + Elliott Wave This local correction should be over very soon, and we can continue higher in the uptrend! It's not an easy task to do an Elliott Wave analysis here, but this is how I see it. As per my Elliott Wave analysis, we are in the impulse wave 3 of the huge impulse wave 3. Currently, we are very close to the acceleration point, where we will see an increase in volatility. I am very bullish on Bitcoin and I would never short Bitcoin on the futures market at the current or even lower price! I expect tremendous gains for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
82
Bitcoin BTC - 250 000 USD next target! Bull market continues. I think there is absolutely no time for a multi-year bear market at this moment. We had exactly the same correction (73%) as in 2020, and after that a massive bull run started. As per my Elliott Wave analysis, we are still in the bull market of an impulse wave and we need to finish it. An ABC correction (ZigZag 5-3-5, wave 4) has been completed successfully, and we can simply continue with a final wave 5. We can reach 250 000 USD next year, probably around December. 2017 swing high support successfully acted as a resistance in 2022 and the bulls successfully defended a possible bear market. The price is now above the 200 moving average. This MA is considered a very strong support zone by huge institutions and hedge funds. As you can see on the chart, the price is printing a second bullish flag / falling wedge and also a parallel channel on the log scale. I expect tremendous pumps for selected altcoins. You can find them in the related section down below. If you agree with my analysis or you are happy, please hit the "like" button and "follow"!
Long
by UnknownUnicorn2537518
61
Bitcoin BTC - Ready for another pump! Wedge + Elliott Wave This is my quick update on Bitcoin on the 4h chart (local price action). Price is still holding the major support zone (21 700 USDT - 22 000 USDT) and that's why my bias is still very bullish! We have an incomplete rising wedge, so there is a great chance for another wave to the upside. As per my Elliott wave analysis - we are basically in the middle of this "huge" Impulse wave! There are a lot of Elliott waves combinations, but i think this is most probable scenario. Look at my ideas about interesting altcoins in the related section down below ↓ For more ideas please hit "Like" and "Follow"! My second alternative Elliott wave count. We have a leading first wave diagonal here.
Long
by UnknownUnicorn2537518
92
Gold XAU - New bull market just started! Elliott Wave + Channel Gold is currently sitting on a strong support level on the weekly chart! We have a great confluence here - an ascending parallel channel + 200 weekly moving average + bullish rectangle. 200 weekly MA is considered as a very strong support by huge institutions and hedge funds. ABC correction + Wave (4) have been completed, so we can start a new impulse wave from here! I think this will be the final impulse wave and then we can go back to retest the rectangle from the upside. You can place your profit target to the TOP of the parallel channel, but do not forget to switch to a LOG scale. Look at my ideas about Bitcoin and Ethereum in the related section down below ↓ For more ideas please hit "Like" and "Follow"!
OANDA:XAUUSDLong
by UnknownUnicorn2537518
25
FTX FTT - The most bullish altcoin! Huge base + Elliott Wave FTT is one of the most bullish altcoins on the weekly timeframe, together with BNB! We have a clear very bullish structure (rectangle) and bulls successfully defended previous swing low. My Elliott wave analysis suggests that we have completed an ABC (ZigZag 5-3-5) correction and we can definitely go up from here! If we take a look at the volume indicator, we can see a very low bearish pressure, so it's really good to see. Out profit target can be 0.618 FIB extension from Wave 1 -> Wave 2, but this is just a projection for now. FTX exchange is growing really fast and there is a lot of demand for the token. Look at my ideas about interesting altcoins in the related section down below ↓ For more ideas please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
17
Quantum QNT - Daily channel is ready to break! + Elliott wave On the daily timeframe, we can see a descending parallel channel - bullish pattern that is close to a breakout! ABC correction has been completed successfully (ZigZag) at 0.786 FIB retracement of the huge Wave 1 We can definitely start a new uptrend from here, so if you like this coin and fundamentals, there is an opportunity. You can wait for the channel to break up for a trade with confirmation. Quantum is the first project to solve the interoperability problem through the creation of the first blockchain operating system. Look at my ideas about interesting altcoins in the related section down below ↓ For more ideas please hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
5
Trust Wallet TWTUSDT - The most bullish altcoin + Triangle!- TWT is currently one of the most bullish altcoin on the market as you can see on the weekly chart. - We have an ascending triangle - very bullish pattern and you can buy now or buy a breakout above the neckline. - The platform was acquired by Binance in July 2018. - The full Trust Wallet team is not public, but it is known to comprise over 20 individuals — many of which have overlapping roles at Binance. - Profit target is around 10 USD (1.618 FIB extension from Wave (1) -> (2)). - If we check the volume indicator, we can see there is absolutely no bearish pressure, which is good to see! - Look at my ideas about another interesting altcoins in the related section down below ↓ - For more ideas please hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
3
Ethereum ETHUSDT - Complete Elliott Wave + Rising wedge (weekly)- Ethereum is forming a rising wedge on the weekly scale, but there is stil missing a last 5th impulse Elliott wave. - The price is sitting on the 200 weekly moving average, it is good practice to think of this MA as a zone and not a level. - 200MA is considered as strong support by huge hedge funds and institutions and is probably the strongest MA on macro scale. - If we take a look at the RSI indicator - it is on the level of "strong buy" by historical data. - The RSI indicator is showing a nice trendline, which we can watch and potentially buy a breakout with confluence with other indicators. - Also the RSI helps us to identify first and third impulse wave by looking at the divergences. - As per my Elliott Wave analysis - Ethereum is deeply missing a 5th impulse wave, so i think the bull market is imminent. - Next impulse wave target is 10 000 - 20 000 USD per ETH. - Look at my idea about Bitcoin (complete Elliott wave) and TOTAL crypto cap in the related section down below ↓ - For more ideas please hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
7
Bitcoin BLX - Elliott wave since 2010 + Trendline still holding!- On the monthly scale there is a holding trendline with 3 touches established in 2015! - The price is currently sitting on the trendline, so it is still very bullish at this moment. - If we take a look at the RSI indicator, we are exactly in the buy zone. - As per my Elliott wave analysis - we are in the massive wave 3 as you can see on the chart. - Bitcoin is above 20 000 USD and above previous ATH from 2017 - again very bullish . - We are currently above 50 monthly MA - holding since 2015. - With my conclusion Bitcoin is a strong buying opportunity at this level. - Look at my ideas about BTC .D and TOTAL crypto cap in the related section down below ↓ - For more ideas please hit "Like" & "Follow"!
BNC:BLXLong
by UnknownUnicorn2537518
1
STPTBTC - 20 000% opportunity! + Huge Base / Head and shoulders!- We have a massive base on the weekly timeframe / inverse head and shoulders! - If you love bases as much as I do, then this is definitely your opportunity for great gains! - Volume looks solid, no bearish pressure and we have a massive volume spike, which is always good to see. - The price is currently above the POC level, so we can expect a pump any time soon. - You can buy a breakout above the base for a safe trade with confirmation. - Look at my ideas about another interesting altcoins in the related section down below ↓ - For more ideas please hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
5
Binance BNBUSDT - Macro Elliott Wave Analysis + RSI + Volume- As per my Elliott Wave analysis on the weekly chart - this coin looks very strong and we should experience more bullish sentiment. - We are currently in the huge impulse wave 3, subwave 4. - If we take a look at the volume , pretty much no one is selling, which is a good sign. - 200 weekly moving average is considered as a massive support by big instituions and we are currently very close to this level. - On the RSI indicator there is a bearish trendline , that can start a new uptrend when it breaks up. - BNB is the safest way to speculate on altcoins. - Look at my ideas about another interesting altcoins in the related section down below ↓ - For more ideas please hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
3
TOTAL Crypto cap - Mega support, 200MA + 0.382 FIB + MACD/RSI- It is a common thing to test the previous all time high (in this case from 2018) on the weekly chart. - Last weekly candle has a huge wick, which is definitely a good sign for all bulls! - 200 moving average is a strong support and the price is currently sitting on this level, which provides us with a good buying opportunity. - 0.382 FIB retracement is also a noticable support level on the LOG scale. - As per my Elliott Wave analysis - ABC correction should be completed on the macro scale and now we are ready for another bull market! - We have a falling wedge - bullish reversal pattern or a bullish flag on the weekly chart. - Indicators: RSI oversold and MACD first bullish tick. - There is a tremendous confluence to buy cryptocurrencies at this moment! - Look at my ideas about Bitcoin and Ethereum in the related section down below ↓ - For more content, please hit "Like" & "Follow"!
CRYPTOCAP:TOTALLong
by UnknownUnicorn2537518
1
Gold – Long on a classic uptrend line2 Rules for Trendline: 1. Identify the significant lows. At least three points 2. Find the best fit among the significant lows We can apply the 2 points to a down trendline analysis as well. Looking-out for the significant highs instead. Gold started its rally after year 2000. We could see it started forming its primary trendline since 2006. Primary trendline is the key support of any market. When analyzing from a larger timeframe like a weekly chart, it should be considered as an investing position into the long-term. Secondary trendline on a weekly chart, I will deploy for add-on with stop loss in mind. Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
COMEX:GC1!Long
by konhow
1
XAUUSD | New perspective | follow-up detailsQuick trading set-up is identified here on the 1 hour time frame as the appearance of a reversal pattern sitting right on a new bullish trendline. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
OANDA:XAUUSDLong
by darcsherry