LOOMUSDT ALERT!!BYBIT:LOOMUSDT.P
So I've put an alert on loomusdt because as this is moving up in a trend already... to me, it's unlikely that this will come back down to this price before a continuation BUT this is why I put an alert here because this is my ideal price to get in.
I will update this.
Thanks guys.
Long-short
ZFK LIMIT ORDER!!BYBIT:ZKFUSDT.P
Hey guys and good morning... my alert for ZFK went off this morning to exactly where we want it to do be, the price has come down to hit the bottom and to me makes a double bottom for the swing up as it looks perfect for that move. Still taking the 1:5 to be consistent.
Good luck, trade safe.
eurjpy sellprice made a double top at 162.300 rejected and moved down. price bounced off 161.975 and started a retracement. price rejected off a lower tf fvg and made at double top in the fvg zone which happens to be at the golden zone. i expect price to break the 1 hr trendline fill the lower ob.
Eurnzd buyprice made a series of LH and LL resulting in a downtrend. Price recently broke out of the downtrend and made a choch and retested the OB on the 15m tf. using the taps of the trendline we can see there is liquidity over top. we can waot for a choch on 1m tf to enter.
BTC new all time high in NOV-DEC 2024 ( Rally to $80,000)The probability of BTC making new all time high before halving is low, according to me BTC will make a correction of 40-50% from previous ATH around halving or after that and then BTC will make a new ATH around nov-dec of 2024.
DAY TRADE 026BYBIT:MULTIUSDT.P
Today I've hit multi purely for the fact that it is reacting off the $1 mark and the volume is starting to sky rocket... I could probably get more than a 1:5 but I'm being honest with myself and letting my consistency take over here.
SOL/USDT - Jumping from the Bowl - SOL had a nice cup patter and showing overall bullish sentiment.
- If SOL manages to break its Previous Resistance level then its an easy run for SOL to reach new highs
- Currently price is around the support zone and this consolidation is expected to continue for couple of days
- Once this consolidation is over we can expect the price to bounce up, if the price breaks the support zone then we are looking at bearish trend for SOL.
- lets hope SOL breaks its resistance level and reaches new Highs.
Regards
VectorAlgo
Audcad SellPrice made a double top at 0.88168. it rejected the high zone with a bearish engulfing on the 15m and also formed a head and shoulder. we can use price action on lower tf for a entry at the retracement of the right shoulder and .618-.786
WOO/USDT - Will it bounce after consolidation❓BINANCE:WOOUSDT had significant correction since the last pump which reached up to 0.52 price level. Since WOO has a decent correction, it is currently consolidating around the 0.337 area and getting good accumulation before the reversal.
We can expect the price to bounce back after the consolidation or go into further correction upto 0.24.
If the price bounces back then our entry is around 0.35 with SL at 0.31 and Targets are 0.37, 0.39, 0.42 and 0.47
If WOO continues the downtrend then we can enter a SHORT trade around 0.31 with SL at 0.34 with Targets around 0.29, 0.28, 0.26 and 0.24.
Cheers!
GreenCrypto
Gbpusd Buy Gbpusd made a double bottom after a strong downtrend that left inefficacies in the market. if we look at most recent p.a we can see price broke previous internal equal highs and grabbed liquidity. price started retracing down after breaking 1.26090(where equal highs were located.) which was the last major high. it also created a choch ob that is still unmitigated. there is still a large amount of liquidity past 1.26090 an a unmitigated supply zone at 1.27730. i expected price to retrace to the 15m choch ob and to grab liquidity to fuel its upward movement.
29/01/24 Weekly outlookLast weeks high: $42827.56
Last weeks low: $40677.38
Midpoint: $38527.20
As the first month of 2024 nears its end BITCOIN finds itself back above 40K after spending half of lasts week below the big even level.
There are 3 main FVG's I have my eye on:
- At the previous weeks MIDPOINT level 40.5K (1H)
- The drop from 49K has left a large FVG at 45.5K (4H)
- The daily FVG at 33K (1D)
Price tends to get pulled and pushed towards these areas of imbalance. HTF imbalances have the largest force of attraction so in this case the 33K daily FVG is the main target in my opinion, and there are many possible routes to this destination.
As it stands BTC is above both 40.5K & 33K FVG's and ideally we would need to retest these areas before progressing towards ATH' s post halving which would also mean clearing the 45.5K FVG on the way back up. For me this is how I think it will play out however if BTC pushes towards 45.5K first I will also be prepared for this move.
For this week I'm concentrating on how BTC regains its strength and if price were to reach the 45.5K FVG , I would think about taking any profits from the recent move should BTC look weak, as I have said that 33K area is calling out to be revisited in my opinion.
Halving Forecast Just a quick idea on the state of BTC going into the halving. The countdown to the next big BITCOIN event has started, THE HALVING
Historically this is the event that kicks off the BULLRUN every 4 years. Mining rewards go from 6.25BTC to 3.125BTC and this gives miners a dilemma, do they hold on to their BTC they earn and only sell to cover costs, this diminishes the supply going into the market which raises prices assuming demand remains the same. Or if they do carry on selling their BTC it would be half the amount it was previously and still contributes less to the sells side pressure, raising prices. ETF issuers need these coins to offer to customers + retail investors returning to the market once FOMO enters the playing field.
DEMAND UP
SUPPLY DOWN
As for now I could see a mirror of the ETF rally being a logical path towards the halving. Filling the FVG at 33k would be a great long term entry point for any investor/trader should it hold as support. Once price has wicked down into that area and there's a reaction off that level then the bulls should look to push price for that 3 weeks or so going into the halving and beyond towards ATH as there's not much stopping it and history suggests this is the way BTC behaves after this event every 4 years.
Ethereum(ETH): Multiple Setups (Where now?)ETH has been trading on a smaller timeframe inside the sideways path, where it bounced from support to resistance and so on. We have displayed here more of multiple setups than one correct way of movement for this coin!
As we are inside those zones, we are looking at that sideways movement, but upon breakout or breakdown (a clean one), the plan will change accordingly!
Swallow Team
SEI 4H outlookSEI is a project that I have a lot of interest in this bullrun. It boasts the fasted blockchain in the industry and a focus on trading. A v2 upgrade is also on the way, SEI v2 will become the first parallelized EVM blockchain. Staking incentives too with possible airdrops on the network.
SEI's price has increased 250% in the last month and the chart suggests a HTF ascending triangle pattern. Currently the price has been sideways for the majority of the year so far, however, a breakout above the local high with acceptance above would certainly suggest SEI is going higher. This would also be price discovery and therefore uncharted territory for the project. I would then look to take profits using the Fibonacci levels that are shown as TP (take profit).
The orange path line would be a continuation of current price action, the more chop we see then the rally might make some people nervous in the short term. I do believe the invalidation level is clear, if we fall below the ascending triangle and have acceptance under then price will search for a safer footing. I would suggest the FVG $0.35 would be the safest place to go long for a long term hold 12-18 months.
EURO - Price can correct to support line and make upward impulseHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
When price entered to upward pennant, it at once bounced from support line and rose to $1.0845 level.
Soon, Euro broke this level, which coincided with support area, and rose to $1.1005 level, but at once made correction from it.
After correction, Euro made a strong upward impulse to resistance line of pennant, thereby breaking $1.1005 level.
But soon, price bounced from this line and in a short time declined lower this level, breaking it one more time.
Then EUR rose to resistance line, after which bounced down to support level, but recently it rose back to this line.
Possibly Euro can decline to support line and then make upward impulse to $1.0970, thereby exiting from pennant.
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22/01/24 Weekly outlookLast weeks high: $43584.42
Last weeks low: $41935.80
Midpoint: $40287.19
With the BTC sell off underway post ETF approval, we start the week hovering just under the previous weeks low of 41.5k. This area is the key S/R zone in my opinion and for now it looks like BTC bulls are struggling to reclaim that level.
I previously stated in the last weeks outlook that there is a strong magnet pulling price towards the 33K area FVG . To reach that area and react positively off the level would be very bullish and should begin the next leg up towards 50K+ going into the run up for THE HALVING .
For now BTC bleeding is causing the altcoin market to do the same, however as normal altcoins do tend to bleed against BTC as well for example SOL is now sub $90 and falling, good opportunities will present themselves in the coming days/weeks for the next leg up in the Bullrun but patience is key.
In conclusion the ETF news was a sell the news event, Blackrock and others are scooping up large sums of BTC at discounted rates as market makers push the prices lower. That in turn drags altcoin prices down with it and now it seems we're heading towards the 30K's . My final target would be ~33K before looking towards becoming bullish again. I will rethink that plan if BTC was able to reclaim 41.5K with strength.
Short term bearish long term bullish
Euro can decline a little more and then make impulse upHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago reached the buyer zone, which coincided with the support level, and a short time later EUR broke this level and rose a little higher. But then, the price turned around and fell to the support line, which is located inside the buyer zone. Next, the price rebounded from the support line and started to rise. Euro rose to 1.0750 points, after which it made a small correction. Then price continued to move up and later reached the resistance level and even entered to seller zone, but at once bounced and declined to the support line, making a fake breakout of the 1.1000 resistance level. After this movement, the Euro rebounded from the support line and rose back to this level, making a little correction, after which made an upward impulse to the resistance line, breaking the resistance level. But a not long time ago Euro rebounded from this line and in a short time declined to support line, breaking the 1.1000 level one more time. Also soon, the price broke the support line and now EUR trades near. Possibly, the Euro can fall a little more, after which the price turns around and can start to rise to the 1.1000 resistance level. So, that's why I set my target at this level. Please share this idea with your friends and click Boost 🚀
EURO - Price can decline a little more and then start to riseHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
When price entered to rising channel, it first declined to support line and then at once bounced up to $1.0725 level.
Then EUR broke it, but at once made correction below, after which broke this level again and continued to move up.
Next, price reached resistance level, which coincided with resistance zone, but at once Euro made correction.
After this, price made strong impulse higher than $1.1010 level, and soon it declined back to support line, making fake breakout.
Also recently, EUR broke support line, thereby exiting from rising channel, and now price trades below this line.
In my mind, Euro can decline a little more, and then it start to move up to $1.1010 resistance level.
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RIPPLE - Price can bounce up from support level to $0.5850Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to falling channel, where it reached $0.5935 resistance level, which coincided with resistance zone.
Then price bounced and in a short time declined lower than $0.5600 support level, and later it declined to support line.
Ripple bounced from this line and made strong upward impulse to resistance line, making fake breakout and exiting from channel.
Also, price broke $0.5600 level and $0.5935 too, but a not long time ago it bounced of resistance line and declined below this level.
XTP fell to support zone, and recently price bounced up, and now it trades near support level.
Possibly, Ripple can bounce up from this level to $0.5850, thereby breaking resistance line.
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Bitcoin can exit from pennant pattern and continue to declineHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price traded in a triangle, where it rebounded from the resistance line and made a downward impulse to the support line, breaking the 42300 support level, which coincided with the buyer zone. After this, BTC at once rebounded from the support line and in a short time rose back and reached the resistance line of this pattern, breaking the 42300 level one more time. Later price exited from the triangle pattern and then rose higher than the 45900 resistance level, which coincided with the seller zone, but soon it made a correction below. After this movement, BTC made a strong impulse up to the resistance line, breaking the resistance level again, and soon it turned around and made a downward impulse until the lower buyer zone to the support line, thereby breaking the 45900 level again. As well, the price started to trades in a pennant pattern, where a not long time ago it rose to the resistance line of this pattern. But now Bitcoin trades near the support level, so I think that price can decline to the support line of the pennant, thereby breaking the support level. After this, possible scenario that BTC exits from this pattern, make retest of support line, and continues to fall. For this case, I set my target at the 40500 level. Please share this idea with your friends and click Boost 🚀
HelenP. I Euro can little correct and then make impulse upHi folks today I'm prepared for you Ripple analytics. Some time ago price declined to the 1.0830 support level, which coincided with the support zone, and at once rebounded and made a strong impulse up to the 1.1000 resistance level, but soon turned around. After this, the Euro made an impulse down to the trend line, breaking the 1.0830 support level, but in a short time later price rose back and even soon reached the resistance level again. Then price made little correction, after which the EUR continued to rise and reached 1.1130 points, breaking the 1.1000 resistance level, which coincided with the resistance zone. But soon, the price turned around and made a strong downward impulse lower than the resistance level, breaking it one more time. Next, the Euro some time traded near this level and later in a short time declined to the trend line. At the moment, the price continues to trades near this line and for my mind, the Euro will decline below the trend line and then turn around and start to rise. So, for this case, I set my target at the 1.0940 level. If you like my analytics you may support me with your like/comment ❤️
Euro can rebound up from support line of channel to 1.0985Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price rebounded from the support line of the pennant and made a strong upward impulse to the resistance level, which coincided with the seller zone, thereby breaking the 1.0930 level. After this, the price made little correction and then continued to move up to the resistance line of the pennant, breaking the 1.1040 level too. But when the Euro reached this line, it turned around and made a strong downward impulse lower than 1.1040 and 1.0930 levels. Also, the price exited from the pennant and later started to rise in an upward channel, where in a short time rose higher than the 1.0930 support level, which coincided with the buyer zone, breaking it one more time. Some time later, EUR rose to the resistance line of the channel and not long time ago rebounded down from it. At the moment, the Euro trades near the support line and I think that the price can fall to this line and then rebound up to the resistance line. For this case, I set my target at the 1.0985 level. Please share this idea with your friends and click Boost 🚀
GOLD - Price can exit from pennant and rise to resistance levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price bounced from support level, which coincided with support area, and declined to support line of pennant.
After this, XAU bounced from this line and made strong upward impulse to resistance level, which coincided with resistance area.
Price broke $1990 level, and soon Gold declined below this level again, but soon rose back, making fake breakout.
Then XAU rose to resistance line of pennant, after which price at once bounced and declined to support line.
Recently price bounced from this line and now Gold trades very near from resistance line of pennant.
Possibly, price can make little correction, after which it bounce up to $2085 level, exiting from pennant pattern.
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