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Crypto ready for a cookoff?Revisiting a weekly chart of a 9 symbol crypto mega cap index (BTC, ETH, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC) one can't help but notice price resting on a shelf that was formed during momentum running deep into overbought territory. As the shelf is more or less flat for many months, we see momentum cooling into saner levels. Price could continue to base out in what turns out to be a bullish flag, especially with the Nasdaq 100 ripping fresh records, inflation cooling, rate cuts likely etc... It's also a scary place to think about going long on crypto though as there's a big gap down to the major support level!
BITSTAMP:BTCUSDShort
by quickshiftinn
BTCUSDT | New ATH Incoming?🚀 Are we on the brink of a new all-time high for Bitcoin? All signs point to yes, and I need to be in on this action! Breakout Alert Yesterday, we broke the trendline of a forming bull flag on the daily chart. This classic pattern break could be signaling a massive move upwards! Targets While my exact target is still undecided, there's a ton of liquidity at $72k. Breaking through this could propel the price to an eye-popping $90k without a doubt! This setup is too exciting to miss. Let’s see how this plays out!
Long
by minno91
AUDIOUSDT | Volume Surge to New Highs?Market Context Today, we've seen a slight volume increase in AUDIOUSDT, potentially signaling a move higher by the end of the day. We've broken the previous 1H high and trendline, setting the stage for an exciting run! Strategy With the market expected to be quiet today, small tokens like AUDIOUSDT could see quick pump-and-dump action. Let's capitalize on this opportunity and see how it plays out! Stay tuned—this could get interesting fast!
Long
by minno91
FLOKIUSDT | Another Small Correction Downside?🐶📉 Market Context Are we on the verge of another downside correction for FLOKIUSDT? It certainly looks possible! Strategy Friday saw a strong move down, and we usually fill those wicks sooner or later. Given this pattern, we could see FLOKIUSDT dip a few more pips. This setup presents a quick 1.5:1 risk-reward trade—an exciting opportunity to capitalize on the market's momentum! Let’s dive in and see how it plays out—stay tuned!
1Short
by minno91
BENDOGUSDT | Ready for Continuation?Market Context Is BENDOGUSDT primed for continuation? The price action suggests it's more than likely! Chart Analysis Both the daily and 4H timeframes are painting a promising picture. We've got momentum on our side, and the charts are aligning for a potential breakout. Strategy While nothing is ever certain in trading, this setup looks incredibly strong. I'm betting on a continuation and excited to see how this plays out. Let’s watch BENDOG soar—stay tuned!
BLong
by minno91
GOLD (XAUUSD): Ahead of CPI, FOMC & FED Rate Decision,Your PlanTraders, please keep in mind that we have important economic events such as the US CPI & FOMC, as well as the FED Interest Rate decision later today. Here is my analysis for GOLD before the news. The pair recently broke through a key daily support level, leading to a new lower low and a correctional move. On the 4H chart, a bearish flag pattern is evident. A break below the flag's support would indicate a strong bearish trend and trigger a sell-off. It's important to note that the previously broken support level now acts as a strong resistance level. On the other hand, a bullish breakout above the highlighted supply zone with a 4H candle closing above it would signal a strong bullish move.
CAPITALCOM:GOLDShort
by linofx1
3
HIFIUSDT | Ready for a Move Higher?Market Context Is HIFIUSDT poised to climb from this point? It’s looking possible! Chart Analysis We recently hit a new low on the daily chart, thanks to a Friday flush. However, this could be the recovery point we’ve been waiting for. Today’s price action hints at a potential false break on the daily timeframe, setting the stage for a rebound. Strategy This is a risky trade, but I’m a risk-taker! I’m betting on a bounce and aiming for our profit target. Let’s see if HIFI hits the right notes and moves higher! Stay tuned for updates and let’s watch this play out!
Long
by minno91
XAUUSD SHORTPreviously we had our descending channel that broke out to the upside with a confirmation of the W pattern. After fighting the push up it turned into an ascending wedge and after that 4 hour candle open outside of the wedge trendline we dumped 87 points and also broke all of our previous supports from our descending channel. We've now formed a bear flag which I have mapped out. Rejection from previous W pattern neckline might bring price down or also a rejection from the green trendline that forms the bear flag. Looking for entry at the break of the red trendline forming the bearflag but that would also be with a confirmation of a higher timeframe candle close below that line. This of course is just a prediction. HAPPY TRADING :)
FOREXCOM:XAUUSDShort
by BULLIONARE
$BTCUSD - Oh no, double top?Hi guys! 👋🏻 🔔 $71400 is a static barrier for $BTC. The resistance which #Bitcoin is yet to break. Bitcoin is lacking liquidity to overcome that resistance, thus I'm waiting for the continuation of a correction. 🔔 Any bullish sign will be only above the aforesaid resistance or when #BTC completes the double top pattern and withholds the support at $60800. 🔔 Watch the area marked with rectangle on this chart closely. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
COINBASE:BTCUSDShort
by azizelliott
Virgin Galactic: Sky's the Limit for Space Tourism's TrailblazerVirgin Galactic is pioneering the emerging space tourism industry, with a successful test flight marking an important milestone. With a strong brand, visionary leadership, and a growing list of customers, the company is poised to capitalize on the high-end tourism market. Moreover, Virgin Galactic has the potential to generate substantial revenue from jet propulsion sales, and its stock price has been volatile but overall bullish.
NYSE:SPCELong
by EgideSimba
Livepeer to $12On the above 2-day chart price action has corrected 40% from the recent high. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action finds support on past resistance. Look left. 3) Price action finds support on the Golden ratio. 4) The bull flag flagpole measures 100% move following resistance breakout. 5) GRM support is already confirmed. Is it possible price action corrects further? Sure. Is it probable? no. Ww Type: trade Risk: <=6% Timeframe for long: now Return: 100%
Long
by without_worries
20