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LITUSDT - Short - Broadening wedgeLIT is currently forming an ascending broadening wedge on 4h timeframe. An ascending broadening wedge is a bearish reversal chart pattern. Where the upper line of the wedge acts like a resistance and the lower line acts as a support. Looking at the chart we can see the RSI is suggesting an overbought condition. So it´s likely for the price to go down. Also we can see at 04:00 there was a lot of pressure from the sellers. So the price is most likely to go down. First target one should be prioritized. When the price breaks out of the pattern the final target could be considered. All the details are shown on the chart. Goodluck!
Short
by vf_investment
3
BTCUSD: Weekly analysis + Key Points to watch from here.• BTC is in a critical situation, at the moment, as it is at a key support level as seen in the weekly chart; • The support at $17,592 is the bottom of a Descending Triangle chart pattern. If BTC loses it, the next stop is the next support near $14k; • BTC would need to do a very quick reaction and break the purple line in order to avoid such drop and reverse the bearish sentiment; • In addition, the 21 ema is pointing down, and it is very close to the purple line, making it a dual-resistance area; • For now, let’s pay attention on these key points. I will keep you guys posted. Remember to follow me to keep in touch with my analyses!
BITSTAMP:BTCUSD
by Nathan_The_Finance_Hydra
HDFC LONG (INTRADAY NOV 9)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . HDFC is in uptrend and has formed inside candle (bullish mother baby candle) on daily level. In 15 min it has given breakout of a trendline and it also has a multiple time tested resistance means it has become weak now and it is showing signs of breakout.Wait patiently and we could see upside momentum. Thank you !
HLong
by Twobrainztrader
BNBUSDT | Wave Projection | Short Term Retrace - Bull Look +60%Price action and chart pattern trading: > A possible CUP & HANDLE pattern with a short term 2-wave retracement to the next strong support area of confluence where SMA20 X SMA200 golden crossed and volume profile point of control key level. > Entry @ pullback retracement SMA200 zone and lower uptrend channel support zone. > Target @ TP1 Handle 1.0 extension + 30-40% upside and TP2 Cup 1.618 ext. zone +50-60% > Stop @ B-wave position -10-15% downside > RSI indicator: OB + bearish signal about to cross MA line
Long
by dukeposh
📈✌ETH 30Min Long Position: Risky✌📉BINANCE:ETHUSDT COINBASE:ETHUSD Hi traders, first take a look at my previous analysis and positions. between now and the determined level, you can open long position in one or two steps. 🐱‍🏍 If the price rises and reaches the TP1 level, you can risk-free the position. TP1-2-3-4-5-6 are on the chart. The optimum stop-loss is below the determined levels. Please share ideas and leave a comment, let me know what's your idea. CrazyS✌
Long
by CrazyS
4
SHIB: Another IH&S! Some Key Points to watch from here.• On our last analysis on SHIB I warned about an IH&S chart pattern, that did work very well, as by the moment SHIB broke our key point, it hit the previous resistance with an astonishing precision before dropping again (link to my previous analysis below this post); • Now, we see the same pattern again, so what are the key points? The trigger point is the black line, while if it loses the red line it’ll frustrate the pattern. The technical target would be the previous resistance at the green line. This is a normal configuration of an IH&S; • However, if SHIB loses the purple line, then it might face more serious problems in the mid-term, as this would indicate a sharper sell-off; • For now, let’s pay attention to these lines and see what happens. I’ll keep you guys posted on this. Remember to follow me to keep in touch with my analyses!
COINBASE:SHIBUSD
by Nathan_The_Finance_Hydra
3
BTCUSD: Hit our TARGET! What are the next key points to watch?• BTC hit the target we mentioned yesterday, as it triggered our Double Bottom chart pattern. The link to my previous analysis is in the link below this post; • Now, BTC shows some exhaustion, but it is still bullish in the short/mid-term, as it is doing higher highs/lows and it is above its 21 ema; • There’s no clear bearish top sign yet, and BTC would only trigger a sharper correction if it loses the dual-support area made by the 38.2% retracement + 21 ema in the daily chart; • In fact, if it closes above the $20,800 in the daily chart, it’ll trigger another bullish pivot point; • For now, let’s keep our eyes on these key points. I won’t set any other public target on it for now, but I’ll keep you guys updated on this. Remember to follow me to keep in touch with my analyses!
BITSTAMP:BTCUSD
by Nathan_The_Finance_Hydra
📉✌BTC 1H Short Position✌📈BINANCE:BTCUSDT COINBASE:BTCUSD Hi traders, first look at my previous analysis (linked below). 💥A quick short position can have a good chance of winning. between now and the yellow area above, you can open short position in two steps. If the price falls and reaches the risk-free level, you can risk-free the position. TP1-2-3-4-5 are on the chart. The optimum stop-loss is on the chart. Please share ideas and leave a comment, let me know what you think. CrazyS✌
Short
by CrazyS
6
SHIB: Looking VERY GOOD! Key points to watch next.• SHIB is trying to trigger an IH&S chart pattern just above the key support at the black line; • Would be important to see SHIB breaking the blue and purple lines in order to trigger a bullish reversal – this could make it seek higher levels; • However, if it loses the black line, it will frustrate any possible reversal thesis, and the next stop is at the next support, around the red line; • Whatever side it breaks, SHIB looks interesting. For now, let’s pay attention to these lines on the chart. Remember to follow me to keep in touch with my analyses!
COINBASE:SHIBUSD
by Nathan_The_Finance_Hydra
BNBUSD: Under a KEY RESISTANCE! What's next?• BNB is very bullish, but it has to face its most challenging resistance now, around $337; • The $337 is a triple-resistance area, as seen in the daily chart, and only if BNB breaks it, we’ll see a bullish run to the next resistance at $413; • However, if BNB fails in breaking this resistance, and triggers the Double Top chart pattern seen I the 1h chart by losing the purple trend line, a pullback is plausible; • The next support level is at $299 (red line), near the 21 ema in the daily chart – making it a dual-support level; • So far, the situation is under control, and the volume is quite high. Let’s pay attention to these key points. Remember to follow me to keep in touch with my analyses!
BINANCE:BNBUSD
by Nathan_The_Finance_Hydra
BTCUSD: Trading at a KEY SUPPORT LEVEL!• BTC is in a key support level. We see a Double Bottom around $20k (1h chart), and BTC just hit the 38.2% retracement in the daily chart, which is very close to the 21 ema as well; • Although today’s candlestick is bullish, BTC has yet to break the black line at $20,387, as this is the trigger point for the Double Bottom; • In this scenario, BTC would seek the next resistance, at $20,800; • What could frustrate this scenario? If BTC loses the retracement level, along with the 21 ema in the daily chart. This would frustrate the bullish bias in the mid-term, and in this scenario, BTC would seek the next retracements as support levels. Remember to follow me to keep in touch with my analyses!
BITSTAMP:BTCUSD
by Nathan_The_Finance_Hydra
AMD: Possible scenarios - A Multi-Time Frame Analysis.• AMD is in a critical situation, inside an Ascending Triangle chart pattern; • To whatever side it breaks, AMD will look interesting, so let’s work with a few scenarios. • First, by doing a downwards breakout, it’ll just resume the bearish sentiment (AMD is still bearish, keep this in mind), and the next support around $54 would be just the first target; • Second, by doing an upwards breakout, AMD will do mid-term reversal, and in this scenario, I see it retesting the next resistance in the weekly chart (blue area), and the 21 ema as well (the 21 ema is dropping, and it’ll be at lower levels in the next weeks); • Third, if AMD does a sideways breakout it’ll frustrate the pattern, we can’t set targets for this scenario; • Either way, it is worth keeping an eye on AMD for now. Remember to follow me to keep in touch with my analyses!
NASDAQ:AMD
by Nathan_The_Finance_Hydra
1
SHIBUSDT | Wave Projection | Bull Look +130% Explosive MovePrice action and chart pattern trading setup: > Global downtrend wave channel breakout and retest its major resistance at SMA200D > The current bullish outlook of ABC uptrend wave with an upcoming C-impulse 1-2-3-4-5 wave > Target bullish wedge breakout TP1 @ fibonanci 1.0 extension - 1500+ and TP2 @ 1.618 extension zone +130% upside - 2600+ > Candlestick tight squeezed just below SMA200, if breakout SMA200D successfully, this major resistance will be the support for the new uptrend explosive wave. > The next support SMA50D and SMA20D @ 1000+ zone Always trade with affordable risk and respect your stoploss, nothing is 100%.
Long
by dukeposh