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Descending Channel

XRP circle of contention 2022between August 18th and 22nd, we have these moving averages and a downward trendline all merging together beautifully in the middle of August 2022. I have a fractal on this ascending channel to give us an idea of a possible low of $0.32 until we move and target this circle of contention. Let's see if this is even an area we could be in within the next 18 to 22 days. If we hit this zone then we may have the sell-off we are hearing about with key technical experts like Gareth Soloway.
by altcoinb
AMD SHORT, BUT BE CAREFUL WITH EARNINGS AMD has now reached the upper trend line in the daily chart of it's current descending channel. However, AMD has earnings coming up August 2nd so I'm not holding puts through earnings. Earnings expected to be announced after market close August 2nd. Looking at $93 puts 3 weeks out 9/26 puts if we fail to close above resistance. Doing quick put scalps today and tomorrow then reentering August 3rd with a swing play 3 weeks out. Playing Calls if AMD closes above resistance and puts if it closes below.
NASDAQ:AMDShort
by MannyTman
AUTO - Massive channel is breaking out! Huge gains, Elliott Wave First of all, I want you to take a look at the volume indicator. As you can see, we have huge bullish volume! On the daily chart, there is a descending parallel channel that has been destroyed by the bulls recently. Also, there is a local symmetrical triangle that looks like it is also breaking out, so we have a double breakout, which is nice to see! Impulse Elliott Wave has been completed (5-3-5-3-5), and because of that, I expect a bullish retracement. The profit target is at the end of the previous wave 4. I don't have the historical data to put a fibonacci retracement from the previous all-time high, but it was around 13 500 USDT. I think this is a pretty good setup to buy this coin on the spot market. 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"!
ALong
by UnknownUnicorn2537518
51
FileCoin FIL - Ready for a bullish action! + Elliott Wave + Base For a confirmation trade, buy a breakout above 6.41 USDT, which I strongly advise you to do here! As per my Elliott Wave analysis, the huge impulse wave has been finished successfully and now we are ready for a bullish retracement. As you can see on the chart, we have a local base (rectangle pattern) and this is something i like to see! The last trendline of the last impulse wave has been destroyed by the bulls, so another great sign. The profit target for this trade is 6.5 USDT, which is totally doable, but in the long term, I think we can go even higher. Look at my ideas about interesting altcoins in the related section down below. I expect tremendous pumps for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
36
Bitcoin forming a bearish channel perspective!!!Analyzing the Daily timeframe, we could to expect another possible crash in the Bitcoin price. But it's very important to analyze well the fundamental analysis in this week incoming what we expect from more news in macroeconomic point. Also, I draw a model of this bearish channel perspective and I believe that we formed the ABCDE pattern correction into this chartist pattern. Remember that we're in the bear market, and it's not sure that Bitcoin going to up, at least combining our technical analysis with fundamental news that affect Bitcoin price. Right now, we see a bearish hammer candlestick formed in Daily timeframe indicating sell-off. There's a possible short position to $21,300 USD to take advantage of this trade if you trade cryptocurrency I hope that this idea support you!!!
COINBASE:BTCUSDShort
by harisonhbn9718
Ampleforth FORTH - Huge falling wedge is breaking out! +Triangle As you can see, we have a falling wedge on the daily / 3D chart, which is a bullish reversal pattern. This is a fantastic buying opportunity when combined with a local ascending triangle! My Elliott Wave analysis suggests that a main impulse wave has been completed, and that's why I expect a bullish retracement. My main profit target is at the previous resistance (wave 4), or 0.618 FIB. I think this downtrend is over and we should see some bullish price action in the immediate short term! I expect tremendous pumps for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
45
BTC/USD: Bearish channel outlookBitcoin forming a bearish channel that still in this downtrend and we're in the good point to short in Daily timeframe to short this bear market. Also I read that Elon Musk (CEO of Tesla) sold all his Bitcoin worth in over $770 million. Also for reference, I apply the fibonacci level and Bitcoin it's in the point of 0.382% to sell in this timeframe. We formed a bearish hammer indicating sell-off. I will take a short position now and I put my sell order limit to $22,500 USD. Stop Loss to $25,650 USD and my target to $14,000 USD. I see a bearish perspective in Daily and Bitcoin it's preparing to another crash incoming. Good luck!!!
COINBASE:BTCUSDShort
by harisonhbn9718
1
Keep3rV1 KP3R - Ready for a massive breakout! Head and Shoulders On the daily chart, we can spot an inverse head and shoulders, a bullish reversal pattern. The main trendline has been destroyed by the bulls! And now we are trying to break the main resistance. Also, we have a falling wedge on the LOG scale, which is a very bullish sign too. If we take a look at the volume indicator, we can see an elevated bullish volume - always good to see! As per my Elliott Wave analysis, an impulse Elliott Wave has been completed and that's why I expect a retracement. We have a great confluence here to enter a long position. The profit target is at 0.618 FIB + Wave (1),(4) ~ 609 USDT. I expect tremendous pumps for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
KLong
by UnknownUnicorn2537518
49
Litecoin LTC - New bull market! The downtrend from 2018 is over. In my opinion, Litecoin will never die because it was the first altcoin, forked from the Bitcoin blockchain in 2011. On the weekly timeframe, we have a falling wedge and the price is currently breaking out! As per my Elliott Wave analysis, a massive impulse wave has been finished and that's why I expect at least a retracement. The profit target is at the strong horizontal resistance + wave (4). I think we should really go here and then maybe we can go even higher. This is the LTCBTC chart and my profit target is +176% vs BTC. Of course, in terms of USD, it will be much higher! I expect tremendous pumps for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
33
CAD/CHF:short positionCanadian dollar/Suisse Franc look besrish in this side in H1 yimeframe. I put a sell order limit to $0.7480 CHF ,Stop Loss to $0.7501(21 pips) CHF and take profit of $0.7423 CHF (56 pips). Also, I share the H4 timeframe that CADCHF broker down the uptrend line and we're I this corrección in the market. Also we forming a bearish channel in this timeframe what we could to gind up good opportunity itu to short Canadian Dollar. I hope that this idea support you. Remember, FED will make a news about interest rates decision and traders expect that this news becomes bullish in USD. Good luck!!!
Short
by harisonhbn9718
12
XAUUSD | New perspective The Gold appears to be recovering from a month low of $1,680 to reclaim the $1,720 area which is my key level for the week on the dismal US PMI to set the tone for a shorter bullish bias. 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
4
Tranchess CHESS - 1-year trendline is breaking out! CHESS is completely ready for a massive uptrend! A 1-year trendline is breaking out on the LOG scale, which is always nice to see. Price is printing a local rectangle consolidation (base) and if bulls can reach the top of the pattern, then I expect a huge pump. If we take a look at the volume indicator, we can see elevated bullish volume, so another great sign here! The impulse Elliott Wave has been finished and that's why I expect at least a retracement to the upside. Place your profit target at the start of wave (4). I expect tremendous pumps for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
43
Radicle RAD - Great opportunity! Bullish base + Elliott Wave We have a local bullish rectangle / base and if the bulls can break this level, then I expect a massive uptrend! Also, on the daily chart we can spot a huge descending channel / falling wedge and I think it's the right time for a breakout. An impulse Elliott Wave has finished, so I expect an ABC retracement. Profit taget 1 is on top of the trendline + wave (4). The second profit target is on the main resistance + wave (4) + 0.618 FIB. I expect tremendous pumps for selected altcoins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
58
Voyager VGX - Downtrend is over! Impulse completed + Record VOL VGX is currently number #1 bullish altcoin on Tradingview Binance USDT list. We have a record volume at the end of the downtrend, which is a significant event. As per my Elliott wave analysis, this huge Impulse wave should be completed successfully. Now i expect a retracement at least to 0.382 FIB + previous swing low (for conservative traders). You can wait for a breakout above the yellow trendline for safe entry. Look at my ideas about interesting altcoins in the related section down below ↓ For more ideas please hit "Like" & "Follow"!
VLong
by UnknownUnicorn2537518
37
Ethereum ETH - New bull market! 10 000 - 20 000 USD next TARGET! On the weekly chart, we still have an incomplete Impulse Elliott Wave and I think it's the right time to finish it! The bulls successfully defended the 200 moving average, which is very important. 200 MA is considered as a huge support/resistance zone by huge institutions and hedge funds. Check out the volume profile indicator. Here we can see a gap that acted as a support! If we take a look at the RSI indicator, we can spot a beautiful bearish trendline. As per my Elliott Wave analysis, an ABC (classic ZigZag) correction has been successfully completed, and now we can start a new impulse wave! These yellow trend lines help us identify individual impulse waves, and we are clearly missing a 5th wave. I expect tremendous pumps for selected alt coins. You can find them in the related section down below. For more ideas, please hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
61
ASX:INR TO REGAIN LT UPTREND?Watching INR closely after recent bullish fundamental news regarding Ford Binding Offtake Agreement. I have charted key levels of support and resistance as well as added in long-term and short-term trends. Direction 1: Recently validating short-term uptrend and testing current daily resistance zone IF momentum continues it could regain long-term uptrend and eventually breach current daily resistance. Direction 2: Short-term uptrend eventually breaks due to lack of bullish momentum and a selloff but manages to maintain support, eventually regaining long-term uptrend for a slower and more stable rally as it targets upper band downtrend resistance and ath resistance. Direction 3: Short-term uptrend fails and price fails to regain long-term uptrend due to selloff, price manages to hold and validate daily support and moves sideways developing a short-term range. Direction 4: Short-term trend fails and daily support fails, selloff increases and price moves back to the former low territory to find and validate a level of support. Indicator RSI: Currently trending above the 50 midway mark and in Bullish territory. I will be watching closely to see which way momentum swings and see if it fails the current uptrend. "DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
ASX:INR
by Trader_Johnni