Last week I made an analysis on BTC where I compared the current state of the market with two historical patterns. The pattern that I'm talking about is a bullish channel after a big pump that results in another big pump. Seeing how the market historically behaved, I made the assumption that BTC would follow this fractal and break out of the channel in the near...
Here we have USD/CHF on the 30 Min Chart! It looks to be outlining a potential Inverted Head and Shoulders Pattern upcoming!! The First Low or "Shoulder" @ .86792 followed by the Lower Low or "Head @ .86662 with price moving back up to the Confirmation of Pattern or "Neckline" @ .86973 makes me believe we will get a BREAK of Confirmation @ the 3rd touch of the...
XRP has been trading inside a consolidating pattern since the massive pump at the height of the 2017-2018 bull-market. During this time, the price has made higher-lows and lower-highs, forming a triangle pattern, which I classify as a bull-flag since it has been formed directly after the 7,000x in 2017. This huge pattern will explode at some point in 2024, with...
Rising wedges are classically bearish trading patterns, but can often break bullish during strong trends (same goes for falling wedges during bearish trends). As of yesterday, BTC has officially broken out of the rising wedge pattern that has been formed over 1.5 years. Bears have been looking at the pattern for a long time now, but are likely wrong on this...
Dear Esteemed TV Members, B efore diving into the Bitcoin price analysis, it's crucial to emphasize that price alone doesn't tell the whole story. A bullish price forecast doesn't automatically translate into a secure investment. I want to clarify that I recently sold most of my BTC holdings due to liquidity concerns. The crypto market can be unpredictable, and...
JSW STEEL Breakout happened in 30M or 1H time frame.
Here I have EUR/USD on the 30 Min Chart! We have 3 sets of Highs in the shape of what looks to be a Head and Shoulders on top of the Support or "Neckline"! Price has been traveling up so we may be getting a Reversal here now! **Chart Patterns are known to fail 1/3 of the time so BEWARE OF FALSE BREAKS!! -Pattern Prediction- If Price Breaks and Closes above...
Hello TradingView Family / Fellow Traders, 🏹 After a 50% surge from 25,000 to 38,000 , BTC has entered a consolidation phase within the confines of a symmetrical triangle, as highlighted in orange. This development holds significant importance as it aligns closely with a yearly resistance zone between 38,000 and 40,000. The resolution of this pattern will...
Hello traders! It can be seen that the pair has touched the level (2018.00). In my opinion, the pair will touch the level (2021.00) since it is also a Fibonacci level. Then I expect a decrease to the level (1929.50). Be patient and wait for the breakout to enter the trade. Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK...
BTC made a new yearly high 2 days ago, but has yet again failed to keep the gains (for now). The 38.000$ area is a very strongly defended area by the bears, which has resulted in an extremely choppy market for nearly a month at this point. Longer-term oscillators like the RSI and Stochastic are still oversold, so it might be that the bulls are just waiting for...
If the 4 Hour price closes above that line it will be a possible long opportunity. It looks like an Ascending Triangle pattern. The pattern is also on the smaller time frames like the 1H & 30min.
As seen on the chart, ETH has been trading inside a bullish triangle pattern for over 1.5 years. In my eyes, a break out from this pattern might result in big gains for ETH, since it will burst through an area full of short-trade stop-losses which will be forced to buy back their positions. Consequentially, a break out will trigger a long-term trade that I've...
WLD saw a huge sell-off after the initial launch on Binance, but has recovered all the losses since then. In my eyes, the next stop is going to be the Binance launch high around 5.25$, which we could reach within a couple of weeks really. The bullish triangle has been broken on the top side, I'm expecting more bullishness to reach WLD in the near future.
In my most recent ETH analysis I wrote that ETH was likely forming a bull-flag pattern and was going to break out in the near future. And here we are. A break out, followed by a retest of the top resistance, which is exactly what bulls want to see. Our entry has been hit and stop moved just below the retested resistance. This constructs a very decent trade...
Hello traders! At this moment, the pair is in the consolidation zone. Wait for the moment to enter the trade. Preference is for sell. Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
XRP have been in a good position and a healthy market phase compared to the overall crypto market. For now we can witness that a beautiful cup & handle pattern already formed and is finishing its current phase preparing for a breakout. If things keep the same as it is, there will be a high probability to see Ripple making some good North side moves. Besides the...
BTC has been consolidating for nearly a month now. Not a lot of of trading in one direction, but short-term trends being reversed quickly. Note that the price has consistently making higher-lows, whicb is a sign of strength. On the other hand, the 38.000$ area is getting notorious. Every time that the price reaches the top resistance area, a quick sell-off...
KNRCON in Wedge pattern at top trend line check if opportunities comes for Beakout out.