NVIDIA Wave Count on the 4-Hour Timeframe
🔥 The Uptrend is Approaching
✨ It appears that the stock has completed wave (3), followed by a corrective pattern 🔀 in the form of a triangle 🔼 currently forming to represent wave (4). The only remaining wave to complete this pattern is wave E 🤌.
✨ To confirm the end of wave (4) and the beginning of wave 1 within wave (5), the following conditions must be met:
- Completion of all the ABCDE sub-waves of the triangle pattern.
- A breakout above the key level related to wave E.
Once these conditions are met, the uptrend is expected to continue.
However, If Wave D falls short of the trendline, it could indicate that the market is losing momentum and the triangle pattern may be contracting more than expected.
In short, while it’s ideal for Wave D to touch the trendline, minor deviations can still occur without completely invalidating the pattern, but they should be carefully monitored for potential changes in the overall wave structure.
Cryptomarket
Possible Scenario for #BTC in the Coming Days! - 9/15/2024
Possible Scenario for #BTC in the Coming Days:
We are currently observing the conclusion of wave c of B, which is anticipated to reach $54,3xx level before any potential upward movement. Wave c has formed a Neutral Triangle pattern, and the final leg has just begun
#BTCUSD CRYPTOCAP:BTC
INJ: Scalping Long Setup | 13.09Hello Friends 😀
One of my favorite coins to scalp and definitely one I am eyeing to bid. Currently, we're seeing a bearish divergence on the RSI, which indicates a potential reversal. What makes this setup particularly interesting is the presence of an untapped daily POC (Point of Control) right at the level of the Fair Value Gap (FVG). This zone offers an attractive level to enter a position as it could serve as a solid support area.
Additionally, the VWAP (Volume Weighted Average Price) could provide further support, potentially stabilizing the price around this level.
The combination of the bearish divergence, the untapped POC, and the support from the VWAP makes this setup particularly compelling for a short-term trade.
Bitcoin Zip LineI’ve been tracking the course of bitcoin for the last 5 years. I think we are in for some major volatility soon!
Scenario 1:
The bitcoin price will rally as elections are heating up, and more people are sponsoring bitcoin and other meme coins in this period, in addition the tension in the Middle East . Consequently, the US market seems to have some underlying affect on the price of bitcoin. It is connected to the dollar. De-dollarization is a reality. But, you can’t back out on currency yet, too many people would be affected. People presently and people how will. So I expect the fed to cut rates hard, and quickly, without a doubt saving the economic bubble waiting to pop soon. Leading to a red swan event. No I did not say black. Red swan would be a global market chain reaction.
Bitcoin would break upward toward the resistance area $68,387- 69,000which has been building since November 10th, 2020.
If that occurs bitcoin could fall and complete a long striking falling wedge buying opportunity with a target of $42,000 and a liquidity pool around $37,600. Bitcoin could continue with selling pressure, or the big institutions will buy back bitcoin leading to an all time high price in a parabolic move toward $79,000, $100k, 150k, and $200k. Why so high? In short summary banks, coin IPO’s, Mining Harvests, Ripple, and AI
This would be the greatest buy opportunity for either any retail trader or institutional investors. Maybe even private owned firms, government agencies, and owners of any equity.
Scenario 2: A test of the $68’387-$69,000 area and a breakout to $73,000 could lead the price to $79,000. If this price is reached, bitcoin will either decide to test shaky hands and liquidate. As a matter of fact, new hands coming in, can squeeze toward $90,000 above 100k before deciding a true bullish path. Same rules apply on the buy opportunity. This would be parabolic as well which would make $42,000 the main support zone in a long term situation drawback.
This is just a prediction, good luck ;)
$ARKMUSD Daily Timeframe (long opportunity) Trade Analysis Daily Timeframe COINBASE:ARKMUSD Trade Analysis
Key Focus: 0.970 Area
The 0.970 level here's what to expect:
When price reaches 0.970, I anticipate a long entry to target 1.051 level for a quick daily 1:1.
Upside look
If price closes with a body above 1.216, I would anticipate a pullback to eventually head to the following targets:
Initial target: 1.405
Secondary target: 1.500 (previous highs)
Ultimate target: 1.799
While price is heading to these targets we can jump on the LTF and find a bunch of entry opportunities.
If you know in which direction price is heading, then you just have to find a way to get in and get out, secure profits
We may see a rejection between the 1.562 and 1.476 area before taking the 1.562 high.
This analysis emphasizes the importance of the 0.970 level while maintaining awareness of potential upside targets.
The Power of Probability: Navigating BTCUSD Longs with PrecisionSeveral key fundamentals support a bullish outlook for BTCUSD. Increasing institutional adoption of Bitcoin as a hedge against inflation continues to drive demand.
There's growing interest in Bitcoin ETFs, potentially broadening investor access. Recent political developments, such as President Biden's unexpected withdrawal from the 2024 election, have introduced volatility in traditional markets, potentially making Bitcoin more attractive as an alternative investment.
Additionally, on-chain metrics show a shift towards Bitcoin accumulation, especially among large wallets and long-term holders, suggesting renewed market confidence.
I'm utilizing probabilities to position myself for long trades in BTCUSD. By focusing on high-probability setups, I can identify favorable entry points where the risk-reward ratio is advantageous for long positions
1D:
2H:
Let's discuss our strategies and learn from each other!
BITCOIN could see a price @ 80,000 in the next couple of weeks.
I know some have written-off Bitcoin at least in 2024. I never did because what you often see on Wall-street when banks and financial institutions have a bad day with their share price, its's the cryptocurrency sector that usually shines.
Bitcoin has been helped along in its price by a head 'n' shoulders pattern on the daily chart & in the past couple of days has pushed higher in it's price considerably. At the moment 60,400.
Bitcoin's 4 year in the making weekly-chart cup 'n' handle pattern is ready to pop, price now only 20% below the neckline.
Now, if the US-Dollar breaks out next week as measured by the USDX-index, and I still have this compulsive urge that it will happen prior to FOMC next Thursday, after which the USD could seriously tank under $1 on an interest rate cut, well I believe that assets like Gold would initially sell-off on an interest rate reduction but I am not so sure about Cryptocurrency, in fact I think it could shine.
Some are saying it's going to sell from here. I see 80,000 in a short space of time.
* My own views and not to be taken as financial advice. At time of writing I have long positions in Bitcoin, ZRXUSD and DOGEUSD.
DOGEUSDT in Accumulation PhaseDOGEUSDT recently dropped to a support level last tested in February, where the price saw a significant rally. Currently, the price has formed a false breakout below the 0.09500 support level and has since been moving sideways in an accumulation phase. Over the past week, the market has been forming a compression channel, which could lead to a breakout and a subsequent price move. Given the repeated rejections and bounces off the support level on the daily timeframe, there is a strong potential for an upward move. The price could break through the trendline and retest the resistance level, with the target set at 0.10700
9/13 Will BTC Hold the Line? Eyes on Rate Cut and Reversal!Overview:
Phone vibrates...
Voice: "Bogdanoff, he panic sold."
Bogdanoff: "Temporary bottom, reversal."
Voice: "He’s not biting."
Bogdanoff: "Pump it and paint a bull flag."
The VANTAGE:SP500 has posted five consecutive days of gains, stopping just 0.71% short of its all-time high. Meanwhile, NASDAQ:QQQ still needs to rise another 5.84% to match its previous peak. However, both indices have seen declining volume for the past three days, signaling that market participants are bracing for Wednesday’s rate cut. Whether it will impact crypto positively or negatively is the big question. Given the meteoric rise this week, Monday and Tuesday are expected to be flat or slightly negative as traders take profits ahead of anticipated volatility.
ETF flows are showing signs of divergence. On Friday, Fidelity retail traders loaded up on COINBASE:BTCUSD while Blackrock sat on the sidelines once again. Meanwhile, Ethereum continues to be ignored, with Grayscale Trust even selling. Are altcoins really that depressing?
W: Bitcoin broke through the $58.4K weekly level but still has a long way to go before signaling a trend reversal. BTC needs to cross and hold above the $63K level to confirm a weekly uptrend. This week will likely close with a solid green candle, although a Sunday evening sell-off could bring the price back to the moving average around $58K.
D: As we mentioned yesterday, "This is either a chance to enter at the beginning of a new bull wave or the highest BTC will be in a long time." BTC crossed the Bollinger Bands’ moving average and the weekly level, moving into a new range between $58.4K and $61.47K.
4h: The price is now at an overbought RSI level of 70.89, signaling short-term bearishness.
1h: RSI is even more overbought at 77.06.
Alts relative to BTC: As noted earlier, the BTC vs. alts divergence is currently unfolding. Of the major coins, only BINANCE:TAOUSDT has outpaced BTC’s 4% rise, with a 9% gain. Still, there's no sign of TAO being listed on Coinbase.
Bull case: If Jerome Powell manages a smooth landing, we could see gains from big tech stocks like Nvidia being recycled into small-cap tech and crypto. Following the first couple of rate cuts, if inflation remains under control and employment stable, the Fed could continue its policies, boosting global liquidity and fueling the final phase of the 2024 crypto bull run.
Bear case: ..phone vibrates.
Voice: "Bogdanoff, he bought."
Fear and Greed Index: 38.35, still in Fear territory. The last time BTC was at $60.3K, the Fear and Greed Index was between 43 and 55. Could this be another divergence?
Prediction: Expect a short-term correction to $58.4K, followed by rate cut-induced volatility next week.
BTC USD UpdateThe 1h is declining weekly -OB heavily, and 4h candles failed to push higher also. I believe I need to move my stop back to entry and stay strong to see if we get higher. The reason behind it is that overall, I'm bullish, so I'm willing to risk many trades to be break-even. But for sure, I don't want to miss a trade that actually takes the price higher. So, I'll let it do its thing. If it falls over, oh well, I'll make a new plan.
Trading Signal For LINKUSDT Trading Setup:
There is a Trading Signal to Buy in LINKUSDT Chainlink (1h) (futures)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 10.40
⭕️SL @ 10.10
🔵TP1 @ 11.10
🔵TP2 @ 11.66
🔵TP3 @ 12.50
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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INJ Long Position (Resistance Breakout)Market Context: INJ has broken a crucial resistance and is showing strong signs of upside momentum, with moving averages beginning to trend upwards. We are looking for a pullback to the new support level around $17.5 to enter a long position.
Trade Setup:
Entry: Enter a long trade around $17.5 (new support level).
Take Profit:
First target: $20
Second target: $25
Third target: $30
Stop Loss: Below $16
📊 This setup is based on the retest of newly formed support and aligns with bullish market indicators. #INJ #Breakout #Crypto
9/12 Market Momentum Continues, But Is Bitcoin About to Peak?Overview:
Another positive day, courtesy of Lord Jerome Powell. Initial jobless claims aren’t exceptionally low, but not alarmingly high either. Year-over-year, the Producer Price Index came in lower than expected—1.7% versus 2.2%. Overall, this week’s data indicates a cooling economy, exactly what the Federal Reserve has been aiming for.
The equities market responded positively, posting its fourth consecutive green candle. ETFs are buying BINANCE:BTCUSDT Bitcoin again, but after closer inspection, it's mostly Fidelity doing the buying. Meanwhile, Blackrock and Grayscale remain on the sidelines—bearish. Oh, and no one’s buying Ethereum.
W: Bitcoin is still trading within its old range. This week will likely close green, not far from today’s price.
D: For the fifth day in a row, Bitcoin is testing the weekly level of $58.2K–$58.4K. It's also nearing the Bollinger Bands' Moving Average. This could either mark the start of a new bull run or be the highest BTC will reach for a long time. Pick your side before next week’s expected volatility or wait to avoid the turbulence of potential interest rate cuts.
4h: Breakout attempts are becoming clearer, and the price is now above the Bollinger Bands' Moving Average, signaling a possible continuation of the bullish trend.
1h: MACD shows a bearish divergence. Bearish.
Alts relative to BTC: No significant divergences.
Bull case: The macroeconomic situation has improved, and there are no significant reasons for large sell-offs. Whales are sitting on their investments and aren’t selling, reducing downward pressure.
Bear case: The general public remains skeptical about crypto, and retail purchasing power is weak. Most retail investors have already been burned during the recent months of market chop, limiting new liquidity.
Fear and Greed Index: 33.3. Where’s the enthusiasm? This isn’t how a bullish wave begins. Bearish.
Prediction: Bitcoin could continue trading within its current range for another week.
Opportunities at W and 4h divergences of major alts:
BINANCE:APTUSDT is trading at levels last seen in October 2023 and is 44% lower than its BTC ETF price. In the short term, it’s unpredictable, but we believe it’s a good candidate to start Dollar Cost Averaging now.
PENDLE Long Position (Trend Line Breakout)Market Context: PENDLE is breaking out of a significant trend line resistance, setting up for a potential move to new local highs. Additionally, there is a strong narrative surrounding PENDLE with BTC restaking, further fueling bullish sentiment.
Trade Setup:
Entry: Enter a long trade around $3.3 (throwback to broken resistance).
Take Profit:
First target: $4
Second target: $4.6
Stop Loss: Below $2.5
📊 This setup looks promising, focusing on the breakout potential and strong fundamental backing. #PENDLE #Breakout #Crypto
CAT: Ready for the Next Big Leap?Many assets are currently in a phase of either correcting by double digits or potentially starting a strong uptrend. By 'most,' I mean the early movers in this cycle, including meme coins, some AIs, and the Solana ecosystem. Real-world assets (RWAs) are also part of this group. For now, I'm avoiding other areas.
Setup: NYSE:CAT
Targeting longs on a retest of 0.000025, with a potential entry as low as 0.000023.
I’ll manually exit if the price falls below this range.
I need this to be executed by Wednesday!