ETHUSD - Hourly Falling WedgeA falling wedge pattern which are considered a bullish pattern once completed.
This bullishness we might see once ETH stops hovering around these 1700 - 1800 levels.
Im still bullish on ETHUSD right now.
Falling Wedge
THETA LONG IDEATHETA is sitting at support level, I'm making an aggressive entry at 0.878, Stop lost -5% (Spot) or -10% (2xLev), possible profits 24-48%. For better results you can wait for the break and retest of the falling wedge the Breakout entry would be around 0.918.
This trade was made for testing my strategy. Fell free to share your thoughts.
Bitcoin + Comment your altcoin!Do a comment on your altcoin below this idea, and I will give you my opinion/analysis of it! Make sure you hit the boost button as well to participate. I will answer your comment with an analysis for you on the weekly/daily chart (long term). I start my analysis with Bitcoin:
I am bearish on BTC, and we are going to reach 15k - 10k later this year. Also, there is a possibility of going down to 6k and I will tell you why. Why 15k, 10k, or 6k?
1) 15k - We have a LOG Fibonacci retracement slightly below the 15k level, and the previous swing low at 15450 should be destroyed to complete the ABC correction. Also, there are lots of stop loss orders below this swing low, and we can do a swing failure pattern. Big players can take advantage of it and buy a large amount of Bitcoin at this level.
2) 10k - There is a huge Fibonacci confluence. The 0.618 LOG FIB retracement of the previous impulse wave is definitely a strong support for Bitcoin. The FIB extension from the start of wave A => the end of wave A => the end of wave B gives us the 0.382 projection. As you can see on my chart, these 2 FIBs are close to each other.
3) 6k - If you remember a huge triangle from 2018, we can test the POC of it. Also, there is a fair value GAP and a 0.764 FIB extension. I don't think we are going that low; that's why I give it only a 20% chance.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
This pump from 15k to 32k is a bull trap and a fake pump. I do not have too much trust in it.
We are going to find the bottom between October 2023 and January 2024.
The majority of altcoins look totally terrible, and I do not see any upcoming bull market. But I look forward to 2024; I think it's going to be a very bullish year, together with 2025.
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin - Secret trendline from 2013 is breaking down! (unreal)
I never talk with empty words, and in this analysis I will give you the main reason why bitcoin could crash to 15k - 10k in the next few months.
No one talks about this trendline from 2013, so it's a big deal. The trendline is already broken, and the bulls retested it a couple weeks ago. It's a classic retest. Usually, you want to wait for the retest and then short it.
I want to tell you that this trendline is parabolic, and if it is reclaimed and followed, then theoretically, the price of Bitcoin will be around 5 000 000 dollars in 2030. This is unlikely.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
What's more, the 200-week moving average has been broken for the first time (a negative sign).
We still need to wait almost a year for this halving event. Meanwhile, we could experience a huge flash crash to liquidate high-leverage traders with a strong and steep rebound back to 32k. Bitcoin is very volatile, and a 50% or 80% crash is nothing.
January 2024 could be the bottom for Bitcoin.
Shorting Bitcoin is pretty good because it provides a very good risk-to-reward ratio compared to other altcoins on the weekly chart. It's because your profit on shorts practically cannot be more than 99.99% compared to your profit on longs, where your profit is unlimited. Your stop loss on BTC short could be, for example, 5% and on altcoins, 20%, with the same trade setup and same strategy, so it improves your risk-to-reward ratio on Bitcoin shorts.
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin- real short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
No one talks about this trendline from 2013, so it's a big deal. The trendline is already broken, and the bulls retested it a couple weeks ago. It's a classic retest. Usually, you want to wait for the retest and then short it.
want to tell you that this trendline is parabolic, and if it is reclaimed and followed, then theoretically, the price of Bitcoin will be around 5 000 000 dollars in 2030. This is unlikely.
We still need to wait almost a year for this halving event. Meanwhile, we could experience a huge flash crash to liquidate high-leverage traders with a strong and steep rebound back to 32k. Bitcoin is very volatile, and a 50% or 80% crash is nothing
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin 12hr Falling wedge pattern Bitcoin needs to hold $26500 and break out this wedge to move higher.
Resistance up at $28K and support at FWB:25K
Lets Go Bitcoin Bulls!
The Volume has been low for a while now... Calm before the storm...
Will we see a blow off top with new lows in 2023?
I think a lot of smart money peeps are on the sidelines waiting for a move...
Keeping an eye on Bitcoin
Good Luck Out There!
Possible Path for D-WaveQuick idea - D-Wave Quantum is in a falling wedge, and may make an symmetrical move that is the inverse to what it has recently done.
It needs to be above a dollar by around July without any extension or it faces delisting. There is talk about a possible stock split, which would obviously change this pattern.
OPUSDTOP Falling Wedged waiting for breaking out, Stop Lost -12% (SPOT), Possible 60% profit on Spot or 120% profit with 2x Leverage.
CARDANO's movement in Coming Days!!!🤑The ADAUSDT Broken the Falling Wedge Pattern.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Pivot S1 weekly
- Falling Wedge Pattern
- Bullish SAR dots
❗and the Upward signals of market momentum are:
- Divergence in MACD
✅The price has been able to break this pattern upwardly. This means the price will be flying for now and we shall expect it to reach even higher levels.
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles , this analysis of ours will be failed.
🤑The rich invest in time, the poor invest in money.
🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹🔹
✅Warren Buffett
✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them.
⏮️Previous Analysis:
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
🌍Thank you for seeing idea .
Have a nice day and Good luck.
LDOUSDT FALLING WEDGE. LONG POSITION On the chart we can see a falling wedge pattern.
We expect that the price will increase and break out of the pattern, so we can open a long position.
Target is shown on the chart.
PEPE - 77% crash ready, but re-buy exactly here! (best meme?)
I think PEPE is a great coin, but we need to buy it cheaper. The 0.618 FIB retracement is a reasonable level to buy the PEPE coin if you believe in another pump. There should be one more pump to new all-time highs after the ABC correction.
This coin is very volatile, which is definitely a good sign for all traders because the volatility increases the chance of success. But for holders, the volatility can be something like a roller coaster. 77% dump is very possible.
If we take a close look at the waves from the start of the small bear market, we can clearly see an impulse of 12345, which suggests pretty strong selling pressure. It indicates that the ABC correction is probably in play, and we need to complete it before we can continue to a new all-time high.
PEPE coin is ranked #66, which is still not that high. It's a pretty good meme coin, and that's why I think the bull market is not over yet.
I recommend this coin for all intraday and swing traders because the volume is pretty high and the volatility is as well.
In this analysis, I told you where to buy PEPE for another huge pump if you are interested in this coin but don't want to FOMO-in!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin is starting something big! (Elliott Wave)
Bitcoin is very bearish, and I expect lower prices. We have a strong bearish Elliott Wave base (a symmetrical triangle), and on the chart you can see my primary Elliott Wave count. This strong Elliott Wave base is an indication of a big crash.
The price should not go above 27666 (only a wick is allowed above this level). This is a strong resistance because of the previous wave (1), and wave (4) should not go into wave (1) territory. But I have an exception for this ruse, so I allow a very small overlap. Usually there are a lot of orders, and the market wants liquidity, which is why sometimes they overlap. Also, it depends on exchanges.
The bullish Elliott wave count is different. The symmetrical triangle could be an ABCDE triangle wave B, and we have just finished the ABC correction. In this case, the ABC correction could be completed, and we are ready to go above 31k. It's possible, of course, but my primary outlook is bearish. But if you are bullish, you can take this count into consideration.
In the next few weeks or months, Bitcoin will reach 21k and 15k after that at the end of the year. 10K is possible. We need more data to establish the target for the bear market, and we need to wait for the price to develop.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
What I personally recommend is to take only shorts on futures and avoid longs until the end of the year.
This s a quick update on BTC. Thank you, and for more ideas, hit "Like" and "Follow"!
✅I Cannot cannot Short This !!!🤑The BTCUSDT is in a Bullish phase by reaching a PRZ zone & is in a Falling Wedge Pattern.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Bullish Channel
- The Bottom of the Wedge area
- Falling Wedge Pattern
- Moving EMA100
❗and the Upward signals of market momentum are:
- Divergence in MACD
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles or Wedge broken from the bottom , this analysis of ours will be failed.
✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
🌍Thank you for seeing idea .
Have a nice day and Good luck.
GODREJPROP AT MONTHLY 40 SUPPORT #GODREJPROP down 60% from all-time highs & testing the confluence of supports! Price retesting horizontal breakout + primary trendline support since 2014. Monthly RSI @40 Support which indicates Value Buying in stock. Good For Investment Point of view. On Weekly + Monthly TF Price formed a falling wedge Patten and price also very close to upper downward trendline .After Breakout Good move can be seen in coming days. Wait for a higher high on daily before going with a full position. Price might consolidate for a few more weeks. Chart Showing perfect low Risk & High Reward Setup. Find Perfect Entry in Lower Timeframes. Positional Targets:- 1200/1355/1500+✔️
APTV - Finding Its SupportAPTV is currently looking for a support line which it is very close to!
The support line is highlighted in solid green
I have also drawn a few patterns two falling wedges and one falling broadening wedge, or falling megaphone
Bullish once price starts to bounce off the trend line.
CTSI ready to move...Targeting 23c.
Set up looks good to me..
Nailed the last move..
Got a good feeling about this one..
Potential Falling Wedge Formation on ATOM/USDT 1D ChartGreetings traders!
I would like to bring your attention to a notable chart pattern forming on the ATOM/USDT 1D chart. The price has been consolidating within a significant falling wedge pattern, which is yet to experience a breakout. It is essential to closely monitor this pattern as it has the potential for a significant price movement.
Key Observations:
1)Long-Term Support Trendline Break: The price has recently breached a long-term support trendline, indicating a bearish sentiment. This breakdown adds to the significance of the falling wedge pattern and the importance of monitoring its potential breakout.
2)Resistance at Midrange: Currently, the price is below the midrange level, which acts as a strong resistance zone. This reinforces the importance of waiting for a decisive breakout from the falling wedge pattern before considering bullish positions.
3) The price has reached the upper resistance trendline of the falling wedge pattern but encountered selling pressure and was unable to break above it. This rejection emphasizes the significance of the resistance zone and adds further importance to monitoring the pattern's breakout for potential bullish opportunities.
Positive Signals:
1)Stochastic RSI Cross Up: A recent bullish crossover has occurred on the Stochastic RSI indicator, marked by a white circle. This suggests a potential shift towards bullish momentum in the price action.
2)Relevant MACD Cross: The MACD indicator has shown a bullish crossover (M↑ symbol in blue), indicating a potential trend reversal or the initiation of a new bullish phase.
Please note that the analysis shared here is for informational purposes only and should not be considered as financial advice. It is always recommended to perform your own analysis and consider other factors before making any trading decisions. Remember to trade responsibly and stay updated with the latest developments in the market. Happy trading!
Disclaimer: This content is intended for educational and informational purposes only. Trading involves substantial risk and is not suitable for all individuals. Past performance is not indicative of future results.
SELL TRADE SETUP ON EURAUDHey Traders,
Check this sell trade on EURAUD out.
The Market is in complete bearish momentum and the price is making a free fall for it.
Watch out for the completion of the pattern, touching the upper band of the channel and then look for a sell opportunity on a smaller timeframe.
Stay patient.
EURUSD: Bullish Gartley: Falling Wedge: Bullish DivergenceEURUSD has formed a Falling Wedge as it's headed towards the PCZ of a Bullish Gartley and the MACD has started to Bullishly Diverge. If we have a repeat of last time, we will see EURUSD continue up from here upon breaking out the wedge and holding the levels.
ADAUSDT's situation+next targets and expected movements.🤑The ADAUSDT is in a Bullish phase by reaching a PRZ zone & is in a Falling Wedge Pattern.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Pivot S1 weekly
- The Bottom of the Wedge area
- Falling Wedge Pattern
❗and the Upward signals of market momentum are:
- Divergence in MACD
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles or Wedge broken from the bottom , this analysis of ours will be failed.
✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
🌍Thank you for seeing idea .
Have a nice day and Good luck.
BTC unbeatable bullish chart patterns Hi dear community members and my loyal followers. I hope you are fine.
I would like to bring your attention to this macro analysis with innumerable and beautiful bullish chart patterns.
As you remember 6-8 months ago when BTC bottomed at 17.5K/a real bottom/ in June 2022 and 15.5K/spring/ in November 2022 with double bottom I publish a lot analyses and told you BTC bottomed and we are going to 28-30K.
Back that time I published weekly Megaphone bullish chart pattern with 85K target/link below this analyis/, also I posted weekly falling wedge chart pattern with targets as well. Today I want to add 3 more chart patterns to those 2. BTC fromed daily bullish megaphone chart pattern, Inverse Head and shoulder chart pattern and reverse descending chart pattern.
I'm bullish on BTC in 2023-2024 and expect min 48-52K in 2023 maybe 60-62K.
BTW if you check all my previous analyses you we'll see how I nailed all major moves from 15.5K till now.
If you ckeck my previous analyses you will understand besides these chart patterns what are other factors that make me think so and stay bullish. For short term as I posted in my previous analyses I don't expect BTC to drop below 25K, that is my worst case scenario, I even think BTC bottomed at 26.6K maybe could drop to 26K with wick taking out liquidity below 26.5K.
I expect BTC to pump to 35-37K zone and fill weekly FVG.
Below this analysis I will post targets for the above mentioned chart patterns.
If you like my analyses don't forget to like, retweet, comment, follow me for further updates.
I will appreciate any single like, comment and follow. Have a good day, I wish you good trades and huge profits.
Pepe usdt..get ready for massive gainsBased upon the falling wedge and other additional layers of confluence I see two moves to the upside suggesting 126% returns then 200% gains on the hour. This is based on the 1 hour timeframe
Can TURBO give up to ➕300% profit❗️❓The logo of the TURBO token is a 🐸 frog 🐸, like the PEPE logo, but this frog is an astronaut. Does TURBO really become a 👨🚀 spaceman 👨🚀?
In order to understand whether TURBO is ready to fly or not, we must check its technical conditions on the chart.
⚠️First, we must be very careful about MEME projects, and you should not invest all of your capital or a large part of your capital in these projects; always look at the empty side of the glass.⚠️
It seems that TURBO has succeeded in forming a Falling Wedge pattern so that the volume of trading near the apex of the wedge has increased well.
I tried to specify a 🔫 Trigger 🔫 on the chart for you, but it is better to add the TURBO token to your portfolio according to your own strategy (be sure to check the fundamental conditions of TURBO ).
Do you think TURBO could be another PEPE?
Turbo Analyze ( TURBOUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
