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$NAKAUSDT - Bullish Reversal Setup - $6 in The Horizon!KUCOIN:NAKAUSDT - Bullish Reversal Setup Weekly Chart: KUCOIN:NAKAUSDT is showing strong signs of a trend reversal and has confirmed multiple bullish triggers. Although the monthly chart is not yet ready, we are seeing an attempt to break above the 2024 Open, which could signal a potential move upward. I’ve entered a small position at current levels, with larger bids set between 1.45 - 1.33 in case of a retracement.
Long
by ZelfTrade
1
STRKUSD Bullish Study Case On the daily timeframe, STRK was in a bearish trend. Then, it started forming the Wyckoff accumulation pattern, which included a bearish candle with a long wick, marked on the graph as SC for Selling Climax. Then, we had the AR for Automatic Reaction, followed by the ST for Secondary Test, UT for Upthrust, and another STB for Secondary Test in Phase B. Currently, I'm waiting for the retest that aligns with an inverse head and shoulders pattern in the 4-hour timeframe. Additionally, it aligns with a Fibonnaci's zone of interest.
COINBASE:STRKUSDLong
by jask_skull
BITCOIN There is no turning back from this.Bitcoin (BTCUSD) has started the 5th Bullish Wave of the current Bull Cycle, following the consolidation of the past 2 months. Since the November 2022 bottom we have had 4 such waves with consolidations ranging from 1 month to 6 months (blue Channel of April 10 - October 10 2023). The current wave can technically take Bitcoin up to $100k alone. What is even more bullish than that though is the fact that the whole (ellipse) structure since the October 2023 Low, resembles the sequences of April 2020 - March 2021 and May - December 2017. As you can see, both were Bullish Legs of the 7-year Channel Up. Symmetrically, it appears that we are past its 2nd consolidation (blue circle) and starting the final rally to the Top of the Channel Up. That means that the Cycle Top can even be marginally higher than $200k until the 1W MA50 (blue trend-line) is breached again (note that we are past a 1W Bullish Cross also) which can make us start considering a Bull Cycle again. But what do you think? Is this rise just the start of a wave that will take BTC to 100000 even 200000 if history repeats itself? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
2
BTCUSDRise and shine, fellow charters! We've paddled hard and conquered that first liquidation zone, but whoa, got a bit of a punch in return, you know? No worries, though – we locked in some sweet profits, playing it smart. Now, picture this: we're looking for that rad bullback action, a comeback wave that might just carry us to the next liquidation zone. Keep your eyes on the horizon, stay in the flow, and let's ride that wave to another level. Remember, it's all about that balance, patience, and embracing the unpredictability of the market. We're on this journey together, my trading tribe, so keep those spirits high, catch that momentum, and let's carve our path to victory! 🌊🏄‍♂️💰
COINBASE:BTCUSDLong
by themarketknight
Bitcoin setting up for a new continuation?Today’s focus Bitcoin Pattern Trend Continuation Possible targets 31,000 – 31,700 – 32,000 Resistance 30,500 Indicator support – EMA solid up slope CCI close a to 0 bounce After a solid pullback to start the week, buyers charged back into Bitcoin on Tuesday, pulling back all of that session's losses. It was a solid move that kicked into gear once sellers broke 30,000 to the downside. Despite the bullish push, buyers where once again stopped at the 30,500 area. Today sellers remain in control, but we are wondering if they can regain control and make a new push at resistance. A test and break could set up a new trend continuation trigger, and we would like to see this year's high and above tested if that happens. The EMA continues to support the trend with a solid slope upwards, and the CCI came close to testing the 0 line. We would like to see the CCI move back into the oversold with a new move higher, but price is the prime focus in confirming the move. If price moves back below 30,000 today or tomorrow, this would be a worry, and it could show buyer momentum might not be that strong. We would prefer to see yesterday’s high broken today. Thanks for stopping by. Good trading, and have a great day.
EIGHTCAP:BTCUSDLong
by Eightcap
"BNB Technical Analysis: Bullish Long-Term Trend & $2000 Target According to the current market situation, BNB is being traded at approximately $300 and it has been fluctuating between $200-$300 for the past few months. Looking at the weekly chart, $340 is a significant resistance level, and if the price falls below this level, there could be a further downtrend. It is expected that BNB will reach a 0.5 Fib retracement level, which is around $160, but if the price fails to hold this level, the best opportunity to buy may be around $100. A bull flag also forming in the high-time frame, indicating a bullish long-term trend, so it is recommended to accumulate #BNB for the long term. The long-term target for BNB is $2000. The support levels are $250 and $160, and the resistance level is $340. This chart is for educational purposes only, and it is not financial advice.
Short
by CryptoPatel
3
AT CryotoScan - BTCUSD Long range Game PlanPreviously posted about the BTCUSD long range screen. On Oct 30, posted: " At the the current time, the excitement of the BTCUSD (and other alt coins) surge in the recent week may or may not be the end of the bear market. But according to this technical model, it appears that it is not quite ready or ripe for the start of a bull run ; and by projection, and estimated 5-6 weeks may open a the next window ." And so something happened a week before anticipated, namely, the FTX rout. Still intact, and further remodeled, the BTCUSD weekly patterns are viewed as: There is a 3 wave structure to get an ultimate Lower Low; this is then followed by a recovery to the middle Lower Low range (yellow box) and a breakout above that level (lime green ellipse) is accompanied by a MACD crossover into the bullish half, as well as the VolDiv crossing over the zero line. Uncannily, this has happened at least twice before, and the current set up appears to be building similarly. So, by simple projection, some downside is expected, possibly as low as 10,000. It may not reach there, or more likely reach 10K briefly. Then the first early engagement target is a bounce to break above 13,000. (orange ellipse) some time in mid-late December 2022. And confirmation should follow in January 2023, about 19,000-20,000. Looking at patterns, the next bull run is going to be filled with huge ranges and large bouts of volatility. So do be wary... There is time to accumulate, just get it done in planned phases. Hence all these effort to work out possible time (frames) of rebound and breakouts. So, 13K, 19K, 20K are levels to watch in December 2022 and Jan 2023.
BITSTAMP:BTCUSD
by Auguraltrader
ICPUSD No overexcitement about rise. Observe this potential top.The Internet Computer Protocol (ICPUSD) broke yesterday above its 1D MA50 (blue trend-line) for the first time since April 08 (completing 3 months below it, the most during this Bear Market). With the 1D RSI just below its 11 month Resistance Zone that has priced all Lower Highs within this Bearish Megaphone pattern that started in September 2021, we should be concerned of this 1 week trend and a potential continuation. As you see on this chart, every time the price broke above the 1D MA50 since November 2021, it didn't stay there for long and resumed the long-term bearish trend. This time period is depicted by the blue circle. As a result, if the price exceeds this limit and hasn't made a Higher High, best to sell ICP back towards its 4.60 Support. If on the other hand it breaks above the circle, buy the break-out targeting the top (Lower Highs) trend-line of the Megaphone. On the long-term, only a break above the 1D MA200 (orange trend-line), is technically capable of reversing the sentiment to bullish. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
BINANCE:ICPUSD
by TradingShot
4