THERE IS TRADE HERE! DYDXHello friends!
DYDX is clearly in a wedge on the 3h chart.
We note that after the recent push, the asset returned a 50% Fibonacci retracement.
So we have a purchase setup here.
Buy in the current range, between 1.20 - 1.15.
Stop: 1.00
Final target: 2.50
Exceptional risk-return ratio.
That's what I'm going to do. And it is not an investment recommendation.
Who will accompany me?
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To the next!
Gustavo
BITCOIN - THE BULL MARKET HAS ALREADY BEGUN AND YOU DIDN'T EVEN Hello friends from TradingView!
Take a look at this chart and its details. We can clearly identify three events.
The colors help describe:
Gray: Accumulation.
Blue: Pattern breakout.
Green: Bull Market.
1- In 2015, BTC went through an accumulation phase in a symmetrical triangle throughout the entire year. However, after breaking out of this accumulation triangle, the BULL MARKET began, as indicated in green.
2- In 2019, we see a similar situation. There was accumulation within a bullish wedge for almost an entire year. Shortly after breaking out of this accumulation pattern, the unexpected Covid-19 occurred. I describe this event as extraordinary because it was truly out of the ordinary. Nevertheless, BTC entered a BULL MARKET, surpassing all expectations.
3- In 2022, we had another similar example. Accumulation within a bullish wedge for nearly a year. And please note that the breakout of this accumulation pattern has already occurred.
In 2023, up to the present moment (October), BTC has already risen by more than +80%.
Could we have an Extraordinary event like the corona crash? YES, it's possible. It could be triggered by anything, such as war, inflation, or a new pandemic. But the fact remains: In the previous two events we experienced, we witnessed the birth of the Bull Market.
My conclusion is that we are already repeating this pattern for the third time!
I've been saying this since January2023 in the article: "THE PAST AND ITS TRACES" and March 2023, when I posted here the article "Bitcoin - The big wave has already begun". I'll leave the article below in the description.
You may be looking for excuses and favorable global situations to await a Bull Market, but IT HAS ALREADY BEGUN AND HAS ACCUMULATED +80% IN 2023.
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MATIC - 🚨 Attention sign!Hello friends!
Look at this analysis in MATIC:
We see Matic's weekly chart and its large drift from the all-time high.
Purple line:
Note that this line serves as an important support in this sideways process of Matic. However, it was lost the week of August 28th.
See the red signal on the chart, showing the rejection that occurred in an attempt to remain above this Trend Line.
This rejection could be the strong trigger for further declines, which would lead MATIC to test the orange line.
Orange Line:
This line understands to be the 0.382% fibonacci level and clearly a support that has been triggered a few times. If this occurs, Matic could experience a -30% devaluation.
Another important point is the zone of 50 and 0.618% fibonacci, located between 0.19$ - 0.09$.
Bullish bias:
The bullish bias would only be confirmed if there is confirmation of buying volume and prices are trading again above $0.70, resuming the uptrend and breaking a bear wedge that you can see on the chart.
Nothing can be ruled out.
Hope you enjoyed this review!
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BITCOIN - This indicator has never failed since 2017.Hello Trading View friends!
I bring here a reading about Bitcoin!
The hash ribbons indicator is known for accurately pinpointing BTC buy points. And it has long served as a benchmark for crypto traders.
Since 2017, there have been 7 buy signals on the weekly chart.
All these signals were quite profitable.
Now note the following:
The close of the BTC weekly candlestick generated a new buy signal on Hash Ribbons, the eighth.
This was highly expected by many traders in the crypto market.
Another interesting fact:
This new buy signal in BTC occurs precisely at a time when the asset touches the bottom of an upward channel again.
This is undoubtedly a beautiful momentum for BTC.
Another beautiful sign is that again a wedge appears to be breaking upwards.
The targets would take us to 40k.
Hope this helps.
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Panorama BTC: 06/24/21. 42k Target?I speak directly from Brazil. And sorry my beginner english. I'm bringing my humble opinion about bitcoin .
If you want to talk to me, send an inbox message, or click on the footer of this post!
Disclaimer: The above comments reflect solely my opinion, this is not a buy or sell recommendation. Just a series of published studies, so that together with the community we can discuss operational tactics and techniques.
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