Dow Jones is Working this Rising Channel Currently Index may touch 41000 on days to come but As history shows after every rise of 20% DJIA gives the fall of 6-7% We are little bearish on Stock markets Well well well !! If USA market goes down then can we expect overall world market to fall ?? Lets see !! Thanks !!
In this analysis I want tot take a look at Bitcoin's historical price action during periods of a strongly overbought (>84) RSI. Before diving in I want to underline that my overall bias is still bullish and that this analysis is merely a warning based on historical RSI values. As seen on the chart, the RSI has not often reached above 84 points over the last 8...
Together with many memecoins, SHIB has seen a siginifficant bullish move lately. However, SHIB has been consolidating for a few days at this point. In the process, a bull-flag pattern has been formed. For this signal we're going to wait for SHIB to break through the top of the pattern and place our stop below the most recent swing low. Target at 7500. I don't...
Maintaining a sell bias on AUDJPY based on the presence of a well-defined sell structure. On the 1-hour timeframe (1HTF) shows the bearish bias is further supported by a potential continuation pattern in the form of an ascending wedge, with price currently testing resistance. Be aware that today's high-impact Non-Farm Payroll (NFP) data release could cause price...
#PHB/USDT #Analysis Description --------------------------------------------------------------- + PHB has formed a well-defined saucer pattern and has effectively broken out from the resistance level associated with this pattern. + This presents an opportune moment to enter the trade. I anticipate a significant price surge following this breakout. + I'm...
Around three weeks ago I made an analysis on FTM where I discussed the pending break out of the cup & handle pattern. As seen on the chart, the pattern has been successfully confirmed and a break out is currently underway. FTM is now trading at it's highest point in 22 months. 2$ is the target for now. If BTC will soon break through 70k with confidence, we...
Hello traders! Gold in the 15m timeframe has entered the channel scheme. The price has reached the level of 2142.00. We see that we have a bullish trend. In my opinion, the pair Xau/Usd will test the level of 2152.50. Be careful! Don`t forget to look at the economic calendar! Entry: 2125.00 SL: 2119.00 TP: 2152.50 MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
Two days ago I made an analysis on my expectation of Bitcoin's short-term price action, based on historical price action at the moment a new all-time high has been made. My most likely scenario was a new ATH, followed by a dump towards the first yellow area of support. This has now occured, together with an hourly oversold reading on the RSI. Experienced...
Hello TradingView Family and Fellow Traders, This is Richard, also known as theSignalyst. 📈 ETH has shown an overall bullish trend, trading within the rising broadening wedge pattern highlighted in red. It's evident that ETH has been respecting significant round numbers, particularly the 500 marks. Following its breakthrough above 3000, ETH traded higher to...
On the 15 minute chart the price action reflects the rough time that NYCB has had. Apparently it had a good rally to finish the week due to reports of floods of new deposits . Down the road it may be a problem if premium interest is being paid on the deposits. In the meanwhile, I see NYCB as taking back half of the trend down and floating up gradually into the...
Hello traders! As we can see, the Eur/Usd pair in the daily timeframe has entered the triangle pattern. My opinion is that if the price breaks the 1.0890 level, then we will have a buy movement at the 1.1050 level. Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
I've identified a potential Bearish Bat Harmonic Pattern on the ETH/USD chart, signaling a potential reversal in the current uptrend. This pattern is formed by four price swings within the Fibonacci ratios. If the pattern completes as expected, we might see a reversal in the price of ETH/USD around the $3800 level.
In my last analysis I talked about the bullish channel that WLD was trading in. My anticipation was that WLD would break through the top resistance and make it's way to 10$. After topping out around 9.25$, WLD has been reading sideways. With BTC trading exceptionally bullish, I expect WLD to break out of this pattern in the near future. WLD can fly. I'm aiming...
Reliance Industries has broken out of a big falling channel. The pattern size projection is around 3200. The momentum indicators are bullish across Monthly, Weekly and Daily Timeframes.
In my latest technical analysis of the BTCUSD (Perpetual Contract), I've identified a compelling 'Cup and Handle' pattern that signals a bullish trend on the horizon for Bitcoin. My chart showcases the formation with a well-defined 'cup' and a smaller 'handle', indicating a period of consolidation that could precede a significant upward breakout. I've marked the...
#TWT/USDT #Analysis Description --------------------------------------------------------------- + TWT has developed a promising saucer pattern, signaling a potential breakout from the resistance level. This breakout will pump the price of TWT + I plan to enter a LONG trade following the breakout, with my entry point set just above the resistance level at around...
IGL may give Huge Breakout !! IGL is Making Hut pattern after an uptrend Possibility of Breakout is huge because its a continuation pattern We may see huge upside after breaking the resistance If stock comes down we can see support is around 370-390 level Breakout confirmation is above 480-500 Current price is around 450 Targets are around 900-950...
#FIL/USDT #Analysis Description --------------------------------------------------------------- + As depicted in the chart, FIL has developed a well-defined saucer pattern and has effectively surpassed the resistance level. + This unmistakably signals the imminent bullish phase for FIL. + I intend to enter a LONG trade at the current price, allocating 0.2% of the...