Solana - Strongest altcoin! New ATH + bull flag (buy now)Solana is currently one of the strongest altcoins. That's visible in the charts! Currently the price is forming a bullish flag pattern, so expect another big leg to the upside in the next few weeks. Where to take profit? Well, to answer this question, we have to use the Fibonacci extension tool and measure strong levels. I always use 0.382 FIB (383 USDT) and 0.618 FIB (829 USDT).
From the Elliott Wave perspective, wave (3) was really huge; Solana made 2600% last year. But let's focus on the future because there is a very high chance of making another 100%-400% until the end of this year. We need to finish this cycle with wave (5).
I recommend buying Solana as soon as possible before the huge pump begins! Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Flag
Flag pattern breakout Swing TradeThe stock has demonstrated a flag pattern breakout, supported by impressive volume, indicating potential upward momentum. Additionally, a triangle pattern breakout has emerged, further strengthening the bullish outlook. This breakout was marked by a solid bullish candle, backed by robust volume, underscoring positive sentiment. In today’s challenging market environment, this bullish signal has caught my attention as a good opportunity.
CRUDE OIL (WTI): Bearish Trend Continues
WTI Crude Oil may continue falling after a test of a key daily resistance.
A breakout of a support line of a bearish flag gives us a strong bearish confirmation.
With a high probability, the price will drop to 68.9 level.
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Bitcoin Analysis🟢 bitcoin 🟢
🔵 The positive is still in bitcoin. We only need a price momentum and a strong entry for buyers to cancel the resistance of $ 69000, which represents a strong sale area.
The next weeks are crucial and important for markets, especially with the approaching American elections, which will make Volatile more powerful
NZDUSD: Bearish Rally Continues 🇳🇿🇺🇸
NZDUSD may keep falling after a release of US fundamentals.
As a confirmation, I see a breakout of a support line of a bearish
flag pattern after a test of a key resistance level.
The price will most likely reach 0.6 level soon.
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EUR/NZD's Bullish Signal: Targeting 1.84 with Strong Risk-RewardAfter hitting a local low near the 1.75 zone earlier this month, OANDA:EURNZD reversed to the upside, beginning its first leg of recovery and surpassing the key 1.80 level.
Over the past two weeks, the pair has been in a phase of correction and consolidation, hovering just below this important resistance.
However, yesterday’s strong bullish move may signal the end of this consolidation phase.
Looking ahead, I anticipate a new leg up, with the potential for the price to retest the 1.84 resistance level.
For traders, positioning with a stop-loss placed just below the recent low offers a compelling 1:4 risk-to-reward ratio.
Hamster Kombat(HMSTR) Analysis==>>Dead Cat Bounce PatternThe Hamster Kombat(HMSTR) project has taken a downward trend after the unsuccessful Airdrop that disappointed many of its users.
This bearish movement reminds me of the Dead Cat Bounce Pattern . We can even name this pattern for the BINANCE:HMSTRUSDT token, Dead Hamster Bounce Pattern😂.
Why does a Dead Cat Bounce Pattern form?
When the price experiences a sharp fall, traders feel that the price has reached the lowest support area and is worth buying. In this area, they start buying, and the price increases with a lot of momentum. But this cat is dead and cannot have a total bounce to go up; it's just a dead cat bounce.
In this area, the asset has lost its value, and this bounce occurs only for psychological reasons among traders, and there has been no change in the value of that asset. So the price has no reason to rise.
In this bounce, the buyers get extremely hopeful and enter the market, but they need to know that the cat is dead and cannot bounce.
The Bearish Flag Continuation Pattern is also clear in the Hamster Kombat(HMSTR) chart.
I expect the Hamster Kombat(HMSTR) project to continue its decline and if the project team does not think about their project, it is possible that in the coming months even this project will fall to very low prices and even be removed from some exchanges .
Note: If the Hamster Kombat(HMSTR) can break the Resistance zone($0.0054-$0.0050), we can expect Hamster Kombat(HMSTR) to pump at least +15%.
Hamster Kombat Analyze (HMSTRUSDT), 4-hour time frame⏰.
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Bitcoin- Chronicle of a Break ForetoldA couple of weeks ago, I raised the question: What if Bitcoin were to remain stuck in a range between 70K and 50K for an extended period?
Although this idea seems unimaginable to the bulls—who get frustrated by any statement that isn’t "Bitcoin to the moon"—this scenario is more than just a remote possibility.
Recently, Bitcoin hit the 70K zone once again, and from a technical standpoint, it broke out of the flag it had been trading in for over six months.
However, to me, this breakout feels more like the "chronicle of a break foretold"—the one we’ve all been expecting, where everyone’s buying, everyone’s making money.
Yet, from a fundamental perspective, things aren’t looking as rosy as one might think.
Technically, it seems like the price will come back to confirm the breakout. But again, from my point of view, things just seem a bit too simple .
So, what if Bitcoin slips back under 65K and continues downward towards the bottom of the range at 50K?
Asking for a friend. :)
USDCHF: Growth Continues 🇺🇸🇨🇭
Earlier, I have already predicted a bullish movement on USDCHF.
I see one more bullish confirmation this morning.
The price successfully violated a resistance line of
a horizontal parallel channel on a 4H time frame.
The next goal for buyers - 0.87 psychological resistance.
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EURNZD strong bearish expectations
EURNZD BEARISH FLAG pattern visible, we are have break first time on 17.Oct but its not be confirmed, from today expecting confirmation is visible and higher bearish continuation.
We are have and ECB last week on Thursday, which is not make some big bullish changes on EUR, taking ECB like bearish imact on EUR
SUPP zone: 1.79650
RESS zone: 1.77800, 1.77200, 1.76600
Potential Bear Flag in NikeNike has been under pressure since late 2023, and now some traders may look for bearish momentum into year-end.
The first pattern on today's chart is the price area around $88.66. The athletic-apparel stock bottomed there in September 2023 and April 2024. It peaked in the same zone last month before dropping. Has old support become new resistance?
Second is the series of higher lows since August. NKE has been pushing against that trend line recently, which may create potential for a bear-flag breakdown. The 50-day simple moving average (SMA) is in roughly the same place.
Next, NKE gapped lower after its last quarterly report on October 1. Since then, it's been unable to fill the resulting space on its chart.
Finally, the stock is slipping back below its falling 100-day SMA. The 8-day exponential moving average (EMA) has also remained below the 21-day EMA. Those signals may reflect bearishness in the long and short terms.
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GBPUSD: Bearish Movement in a Channel 🇬🇧🇺🇸
GBPUSD is currently trading in a bearish trend.
The price is steadily falling within a channel on a 4H.
After a test of the upper boundary of the channel,
we see a strong bearish reaction to that.
With a high probability, the price will continue going down.
Next support - 1.295
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Bitcoin — Breakout Early SignalIgnoring the noise and looking at Bitcoin weekly line chart, we can see that the current consolidation fits nicely into a parallel channel with 5 touch points and we have a strong breakout.
Last week close is also the highest since early June and we have a higher high relative to the July high.
This is another bullish sign and similarly to my monthly idea that I shared earlier can be seen as an early breakout signal.