Bullish Trend Line
Potential Ascending Triangle on the S&P 500Potential Ascending Triangle on the 15m. Nice bullish continuation pattern following a nice bottoming pattern.
Trendlines: The horizontal line is the resistance area while the ascending line (line trending up) offers support.
EMA Ribbon: The ema confirms what we are observing regarding the trend & likewise visualizes the bottoming pattern following the bullish continuation pattern.
Inverted H&S pattern – Quick bottoming pattern displaying left shoulder, head, and right shoulder
Long Position: Ethereum mark the 0.618% of Fibonacci!!!Hello, in this technical analysis, Ethereum mark the 0.618% of price entry with confirmatio to entry in long posiiton. I put my buy order limit at $410 USD with a SL at $403 USD and my own take profit it''s $442 USD.
So, I see that Ethereum is going to bullish!!! This is a good opportunity to buy Ethereum!!!
And then, this is the Daily timeframe. Ethereum show that it's going to bullish!!! So, we would need to buy Ethereum in hte best level to get our target profit!!!
Good luck in this posiiton!!!
$TLSS BREAKING OUT ~ DO NOT GET LEFT BEHIND$TLSS Countdown to financials Mid November. Q3 #'s will be fantastic.
TLSS acquired the assets of GRC Trucking. Cost savings and creating more revenue.
Deal with FedEx as we know. #FedEx #1 transporter for #Walmart, #SamsClub etc. #Walmart+.
Waiting for confirmation from TLSS in PR. We have done our DD.
#GOBTC #GOCHAIN #GO TIME TO $GO LONG TIME :)))It will move up strongly once it finish the accumulation and we will run behind of the $GO
VOC -long term breakoutOne to put on a watchlist for now is Vocus as it appears to be breaking out of a massive wedge pattern, for me there are two important levels to watch to confirm the strength and validity of a new potential long term trend - the 3.80 level, a breakout and retest of this level would be a long entry for me, taking half profit at 4.90 and let the rest run. If you want to be extra safe/certain it would be ideal to wait for a breakout and retest of 4.90 as this would be a crucial breakout area.
Just my opinion
ORCL breaking out of rising wedge amidst TIKTOK rumors ORCL breaking out of days long rising wedge with TIKTOK acquisition rumors coming to a close between ORCL vs. WMT and MSFT.
ORCL is at High of Week so it's hard to determine a target. My personal price target is 60.
Set a trailing stop for this one. Break above descending upper trendline has been confrimed. Now we wait for Monday.
SVL Trendline Support + Volume Increasing On UpwavesASX listed SVL simple trendline support on daily + seems like volume is decreasing on the down waves and increasing on the upwaves. Divergence can also be seen if you overlay the Monster Cumulative Delta indicator however It gets a bit messy so i left it out.
just noticed williams vix fix is in the green as well indicating a bottom.
$GO #GO #GOBTC #GOCHAIN TIME TO GOOOOOOOOOOOOOO :)Yesterday's candle was closed as DOJI :)
It is a good news . Let see the movie
FET Joins the Bullish league can easily move +50%. BINANCE:FETUSDT Looks good to move.
Zoom into the chart for better view
We are about to test the channel once more.
Volume is increasing with RSI rising and Potential MACD crossover is around the corner.
Use Ema 50 as stoploss, take profits on red lines.
Will share one more chart taking confluence of other indicators soon.
Happy trading.
XRP same as SILVERXRP is following very nice the SILVER chart pattern..
Will follow next?
Sure we don't know, but based on my opinion I think there is good potential for XRP to continue up because the price tested two times the 2017 support.
NOTE: This is only for educational purposes, it's not any investment advice.
NEOUSDT | Bullish Trend | Resistance Confluence | Low Volume Today's analysis – NEOUSDT - Currently trading in a healthy uptrend, retesting structural support.
Points to consider:
- Bullish trend- consecutive higher lows
- Trend line support holding true
- 55 EMA (visual guide)
- Fibonacci and structural resistance confluence
- Declining immediate volume
- RSI below 50
NEOUSDT’s trend has been putting in consecutive higher lows, now trading between two important levels, structural support and structural resistance.
The current trend line support is holding true, a higher low projection will be at play until the trend line has been breached.
The 55 EMA will act as a visual guide; price trading above this indicator will support the bullish bias.
However, the .618 Fibonacci retracement in conjunction with structural resistance has been serving as a strong resistance zone where price has had multiple failed attempts to breakthrough.
Historically we have seen an influx of volume correlate with an expansion of volatility, thus, the current decline in volume is indicative of an influx being imminent.
The RSI is currently just below 50, bias is still bearish in the immediate market. However it is attempting to cross back above 50, trading beyond this level will indicate increasing strength in the market.
Overall, in my opinion, NEOUSDT is likely to continue its uptrend and consolidate within structural resistance and trend support as it reaches its apex where a break is expected. A long trade will be valid with a break and retest of structural support with volume follow-through to avoid fake-outs.
NEXO Finding Support On Long Term Weekly Trendline + StrengthCrypto NEXO finding support on long term bullish trendline on the weekly chart. Trendline started in September 2018. Also outperforming its own price when valued in Gold (XAUUSD) From what i have seen this rarely occurs, but when it does a change in trend normally occurs. Long term bullish on this crypto.
NASDAQ - US100 - NQ1! - Intraday- M30 - Bullish Trend -PullbackNASDAQ - US100 - NQ1! - LONG -M30 - Bullish Trend -Pullback
We have a bullish Parallel Channel on the H4 & H1 chart
The Fibonacci 1.272 Resistance Level has been broken ,we enter long with as target the 1.618 Fibonacci Level.
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Entry: 9555.00 | Stoploss: 9535.00 | Takeprofit: 9615.00 |
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If you like this idea please click the like button to support this channel, thanks.
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Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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A few days of consolidation?... BTC is TIGHT!Welcome to my daily market update (23/05/20):
• So after we closed that CME gap which I showed on my TG for the past few days, today I opened the 4h again and it looks very interesting, BTC is way to pressured from all over, and any break could mean a very heavy one.
- We formed a triangle (symmetrical), this means we might be consolidating for a few more days, but be careful not to get caught out of guard. Because we are playing around the yellow S/R 9300 area. If the bulls don’t manage to show some strength (as they are weakening according to OBV) and go above it again, then game is over, we are rejected, we most likely gonna’ touch the bottom mid-term bullish trend line which has way too many sensitive spots already, and this means fatal!.
• Bearish:
- 4h 10sma crossed all the other indicators, this might mean that we are going to continue to fall, but since this is still a mid-term bull trend, it is more likely that it will re-cross them again, if price falls again below it then I do think we are going down hard.
- Another bullish company we have here is the 4h 200ema, and the price just keeps bouncing from it…my problem here is that most likely if we hit it for the 5th time it will crush.
- If we don’t get out of the 4h cloud again and go below it, this means bearish, this could mean a change of mid-term performance, and we might go to mid-term bearish trend.
- On the other hand
- We went below the 4h e21, if we can’t close above it fast, all this pressure will be too heavy of resistance and we will free dive.
• Bullish:
- The signs are still clear! We are still in the bullish trend within the channel.
- We are still riding the 4h e200.
- We are still bullish on all crosses on all the bigger TFs
- Sentimental aren’t that bad yet (40) but could get worst, remember: when everyone are panicking it is your buy signal, but let the panic first take an impact, you should see people at around 1-10 and see its toll on price before you do that:
alternative.me
- We are still above liquidity volume.
- Going above the cloud, means we will hit the triangle top part for the 5th time, which means most likely to break it up all the way to 10500 as first target.
• Conclusion:
- Going below the cloud (And rejecting the yellow S/R) + breaking that bullish channel (Which turns to bearish flag with a big correction momentum) => breaking the e200 (5th time) + breaking below the liquidity pool level => most likely to break the strong yellow support line (5th time) = > most likely change the mid-term bullish trend to a continuation of the big-term bearish trend (The descending broadening wedge which I showed you a few times on the weekly) with the first stop at the bottom of the daily cloud:
- Should remember 2 very crucial parts as well:
1. Hash rate fundamentals fucks the system (Drops, heavily, makes the system overloaded, and fees go higher): www.blockchain.com
2. Retail traders net longs are higher then yesterday and then a week ago, while net shorts are lower then yesterday and lower then a week ago. This usually means that the price will move down because whales love to rekt the opposite of majority ;).
- Remember, your main focus should be always the mid-term trend (Which is mainly still bullish), you might as well not risk now and see if the mid-term trend changes... I'm personally as usual, just laddering short positions...
Yours, Hedgehog king - CryptoArena Supernova team.
Personal TG: t.me
CryptoArena hall of fame TG: t.me