Alchemix ($ALCX) Bullish OutlookAlchemix ($ALCX) is so undervalued right now, a hidden gem of De-Fi projects.
Falling wedge spotted in 1W time frame, if the price break the swing high then we are good to go. My target is the first major resistance/supply area around 250-400 USD. Don't miss out on this, atleast buy some small amount you will thank yourself in the future.
Falling Wedge
UMAUSDTUMAUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 6
What you guys think of this idea
ENS can 30x - Important coin for EthereumENS looks absolutely bullish! We have a great volume on the indicator, as you can see on the chart, which confirms my bullish bias. The price recently broke out of the falling wedge reversal pattern and is now pumping. As per my Elliott Wave analysis, the corrective pattern should be completed. ENS is a very promising coin for the Ethereum Network. 30x is not impossible in 2024/2025. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
What Is Ethereum Name Service (ENS)?
Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS converts human-readable Ethereum addresses like john.eth into the machine-readable alphanumeric codes you know from wallets like Metamask. The reverse conversion -- associating metadata and machine-readable addresses with human-readable Ethereum addresses -- is also possible.
The goal of Ethereum Name Service is to make the Ethereum-based web easier to access and comprehend for humans - similar to how the Internet’s Domain Name Service makes the internet more accessible. Like DNS, ENS also uses a system of dot-separated hierarchical names called domains with domain owners fully controlling their subdomains.
ENS launched with a highly successful retroactive airdrop in November 2021 that rewarded users who had registered addresses before the project launched its token. However, in February 2022, it faced criticism over apparently homophobic tweets by its director of operations.
SUI is going parabolic, time to buy? Here is why yesSUI is bullish and currently going parabolic, as you can see on the chart. The price broke out of the ascending parallel channel, which was supposed to break down, not break up. This is a strong sign of strength and that the parabolic uptrend is starting. Time to buy? I think so. 300% profit in the next few weeks is not scifi. We also have a falling wedge pattern on the weekly chart, and by classic technical analysis, the profit target is at the top of the falling wedge, which is the previous ATH. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
What Makes Sui Unique?
Through features such as horizontal scaling, composability, sparse replay, and on-chain storage, Sui’s architecture solves pain points common to first generation blockchains.
Horizontal Scaling
On the Sui network, each group of transactions process in parallel, as opposed to the bottlenecking that occurs in some earlier blockchains due to any lack of distinction between the various objects, resources, accounts, and other components.
Composability
In Sui, unlike most other blockchains, one can directly pass an asset (such as an NFT), directly into a function argument. Sui’s object-centric approach also allows for more esoteric data structures, and the ability to store assets inside such data structures, or in an asset itself.
Sparse Replay
Naturally, a blockchain provides a ledger of every single transaction. For a Sui-specific example, game builders don’t need to track transactions interacting with unrelated dApps. Because querying on-chain data can be expensive, products on Sui will be able to follow the evolution of the objects in this game, without digging out the data from the Merkle tree.
On-Chain Storage
Because assets are directly stored as objects on the Sui blockchain, they are never subject to Merkle tree indexing. Storing assets directly on-chain is used in tandem with conventional means, such as IPFS, to scale the problem of on-chain storage, as it is much cheaper to directly update assets on-chain. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
WIF - New coin, is 1400% possible? Here is whyWIF is another meme coin with a doge with a hat logo. A lot of exchanges are starting to list this coin, so prepare for a massive pump, but I need to warn you. You need to take profit when the pump ends; otherwise, you may be stuck in a bad trade for a long time (years). But in the short term, this coin can return 15x your investment. From a technical perspective, we can see that the coin is near its all-time high, which is really bullish. I see a strong impulse wave as well, which adds to my bullish bias. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
The meme coin WIF turned out to be one of the biggest hits in the Solana ecosystem recently, alongside bonk (BONK)
According to the blockchain analytics platform Lookonchain, the whale calls themselves a “Binance insider” and “seems to want to tell everyone” that the token will be listed on the largest exchange by trading volume.
WIF wouldn’t be the first Solana meme coin supported by the company (assuming it really has intentions to embrace it). In December, Binance listed Bonk Inu (BONK), contributing to the token’s all-time high price rally and its brief market cap ascent above $2 billion.
AUDCAD potential buyAUDCAD is currently at a level of support on higher time frames so just to keep this short and simple im just looking for a bounce because i feel that the weekly time frame has to pull back after the strong bearish move down. market still has a strong chance of continuing its bearish trend but i decided to play the pull back if it plays out.
*AUDCAD/BUY
Monthly Adam & Eve Breakout Being Re-testedMonthly close is in a little over 5 days. CRYPTO:HBARUSD formed an Adam and Eve double-bottom on the monthly right at center and top of Monthly Support before breaking out to confirm that pattern and is now re-testing it for final confirmation or denial.
Hold the monthly neckline at 7.3 cents and we can expect a move up towards Monthly Resistance as we get into February and March.
Lose it and we likely will see another test of monthly support instead, which is around a falling wedge top, or this re-test area and/or the 200 day EMA and MA that I have marked and displayed on my weekly chart below.
Note that HBAR also saw a 50/200 day EMA and MA Golden Cross during the last few months of 2023, and is presently sitting back below the 50 EMA and MA. However, it has held above the 200 EMA and MA. So, we also need to see it recover the 50 EMA and MA if and after we see a close above the monthly neckline as well or these areas could be tested again.
Weekly chart showing Golden Crosses and Falling Wedge break / re-test(s) - also shown in related published ideas below, but updated chart pic here:
TL / DR - hold the Adam/Eve double-bottom's monthly neck @ 7.3 cents to continue up, lose it to re-test 200 day EMA/MA and/or the falling wedge re-test area marked on the weekly chart above.
🚧GTAI is Bullish now🚧 & many Traders don't see it 👀!!!Hi .
KUCOIN:GTAIUSDT
✅ Today, I want to analyze GTAI for you in a 2H time frame so that we can have a Short-term view of GTAI regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts).
➡️ As you can see, the price completed its downward waves ( ABC )after breaking Rising Wedge, and now it's time to confirm the breaking of the ascending triangle, After then The price will rise And starts 5 WAVES ascending and rise up to top of Channel.
Stay awesome my friends.
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✅ Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟!
⚠️ Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Very bullish chart for $LINA buy at 0.007 tp at 0.02 or 0.03Bullish:
1. Weekly stoch bottomed, one of the first ones
2. Lower time frame bullish divergence
3. A falling wedge forming since June 2023
4. A cup handle pattern is formed, left side is April 2022, right side June 2023
5. Team is making a lot of partnerships almost every week, check out Twitter and Medium
6. Although the Chinese CEO has left, this used to be a China Hong Kong coin and thus still benefits from the HK narrative (ETF whatnot)
7. Linear 2.0 is in full development, they are partnering up to make a DEX
8. BNB broke out, a BSC coins could have their turns now
Bearish:
1. Monitoring FUD
2. BTC is on a suspicious rising wedge, maybe we have major bull trap first pumping the living hell out of altcoins before the crash
ZILUSDTZILUSDT is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price is about to give breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.02400
What you guys think of this idea
PAYTM : When will be best levels to buy ? Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Falling Channel
📌 Symbol/Asset: PAYTM
🔍 Description: Stock is falling from 1000 and stock can correct upto 300 levels.
250-300 support would be the best level to buy for paytm
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
My 5 potential trades for this weekTrend is long term bullish but currently bearish.
We are close to hitting bearish trend line.
Falling wedge with recent double bottom.
Multiple FVG’s to be filled.
All indicative of an impending reversal to initial direction.
1) long @ 1.07884 if $ & downtrend $ is swept
2) long @ 1.07225 if 4h $ & bullish $ is swept
3) long @ 1.08553 if OB & trend line $ is broken
using OB as breaker block to be rejected.
4) short @ 1.08553 if OB is rejected
5) short @ 1.09328 if FVG & 4h $ is rejected
being mindful of rejection off possible
breaker block and bearish trend line for
indication of reversal
Raising EURUSD Profit Target to $1.114 due to a Bullish CypherDue to the apparent formation of a Bullish Cypher on the Daily, combined with the Bullish Push as confirmation on the RSI, and the strong push push in price action above the 200-day SMA, I will be raising my profit target for the EURUSD to the 100% retrace up at $1.114 as the 100% retrace would be the standard target for a Cypher and the TLT has outperformed which is usually a signal for psoitive price action in the EURUSD.
TLT: Falling Wedge Double Bottom at .382 with Bullish DivergenceThe TLT looks like it's trying to form a Double Bottom at the 0.382 Fibonacci Retracement, it is also Bullishly Diverging at this level, if it holds up I think it could go up to as high as $96 near the 200-period Simple Moving Average which would also fill the gap. From there I'd think it could continue back down.
I will be selling weekly puts around the lower 90 strike and buying weekly calls at the same level.
Raising Bullish target on the EURUSD to the 78.6% RetraceLast week I put out this TLT trade setup that showcased a Falling Wedge with Bullish Divergence at the 0.382 retrace which targeted an upside move in the TLT that would recover at least 50% of the high:
In the time since this setup first formed the TLT has nearly reached that minimum target. In addition to the TLT, I expected the EURUSD to follow a similar path, however, the EURO has remained mostly flat and has not moved up with the TLT which is kind of unusual.
It is possible that the EURUSD pair is waiting for the FOMC but in the meantime the Bullish patterns on the EURUSD have gone from just being an intraday pattern to now being a daily pattern, with the Daily candle now printing a Bullish Hammer above the 200-day SMA while also slightly diverging on the RSI. Due to this improvement on the higher timeframe, I have decided to raise the Bullish price target to the 0.786 retrace, aligning with $1.107 as it catches up with the falling US Bond Yields.
✅GTAI's Situation: What Shall we Expect, can ascend further?Hi every one
➡️ As you can see, GTAI has grown well since its introduction. After the broken of Falling Wedge, started 5 upward wave and successfully completed it, and then started a corrective wave, which it has now completed. Now it's time for it to start its upward wave, and considering that the price is now in an ascending triangle.
-Hidden divergence has occurred, this signal can be strong.
➡️ second scenario:
If the first scenario failed , we can look at the second scenario. In the second scenario, the price can form a bullish flag, which can have a good growth after breaking the price.
🤑Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟!
EGX30 to target 29545 after crossing Resistance30-min chart, the index has formed a falling wedge, and should target the Resistance line (R) at around 28125. After crossing it, the target will be 28850 extending to 29545
Technical indicator RSI is positive.
Below Support line (S) should be a stop loss.
EURUSD: Bullish Gartley at an 800-EMA Trading in a Falling WedgeEURUSD is trading within a Falling Wedge with MACD Bullish Divergence at the 800-period EMA. All of this aligns with the PCZ of a Bullish Deep Gartley that has developed on the 1-Hour timeframe. If this support zone holds I think EURUSD will attempt a Bullish breakout that will target the 50-61.8% retraces above which may align with short term upside I'm expecting in the TLT.
The last bullish chance of BITCOIN in Mid term!Hi .
As you can see, Bitcoin has reached the ceiling of the ascending channel after passing through 5 ascending waves, and after that the price started its corrective wave and almost reached the PRZ point. I think the past is repeatable and as shown in the AB=CD Chart.
After the price reaches the PRZ zone, the price can have a good growth.
also a Hidden bullish Divergence (HD+) on MACD which shows Positive Signs for Bitcoin .
🤑 Stay great my friends.
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Thank you and for more ideas ❤️ like ❤️ and 🌟 follow 🌟!
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Previous Analysis
AIFI should target 0.585 after crossing Resistance30-min chart, the stock is trading in a falling wedge.
After crossing up, the target is hitting the resistance line (R) upwards.
After crossing at around 0.520, the target will be 0.585 passing through some resistance levels as shown.
Below 0.503 (support line S) stop loss
Bullish CTSI on the Weekly Time Frame!!Hi
The price is in the Falling Wedge. After the break, we can expect the price to reach the targets on the chart.
❗ Note that if the Wedge is broken down with the power of descending candles, our analysis will fail.
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Carvana ready to fulfill a true cup & handle breakout over $57Looks like CVNA is ready to breakout in a cup/ handle. Everyone said that it broke out already and is now dying down. But the final handle/ falling wedge is showing signs of a breakout. I posted this at $42 last week but re-emphasizing at $44. As long as you hedge you're not late.
You can capitalize on both ups and downs if you have insurance (hedge).