Let's take a look at Ethereum. The uptrend is well maintained for now. The price range of $1,609.41 has been preserved in the downward trend. On higher time frames, if the $2173.14 resistance zone is fully consumed, we can have an attractive bullish trend. On the lower time frames, the condition of the upward trend can be the consumption of the range of...
XRP has been trading bullish for the majority of 2023, continuously trading alongside a diagonal support. As of last week, XRP has yet again retested the support line and is currently reversing. My assumption is that this support will hold for the coming months. For an optimal risk-reward I'm targeting 0.7, but you can also take partial profits around 0.55 in...
After weeks of selling, MATIC seems to have found support and has been trading inside a bullish channel for over a month now. A bullish channel after a strong sell-off often results in a bear flag pattern, which is a continuation of the bearish trend. Looking at this chart, we can construct two different signals. The safest trade would be to wait for the price...
Last week I made an analysis on Bitcoin where I wrote that I was expecting a break out from the range. However, BTC reversed sharply after hitting the ~31.5k resistance. No entry has been made in the previous analysis because we didn't close above the yellow area. As of now, BTC is seeing another strong influx of buyers. Again, I'm looking at the same structure...
The current trade setup for EUR/USD shows a bullish overall trend, while the short-term trend is bearish. Traders with a swing trading strategy might consider seeking long-term buying opportunities. It is crucial to emphasize the importance of employing effective risk management techniques throughout the trading process. Happy trading!
JSW Energy approaching trendline. Weekly RSI closed above 60 for the first time after Sep 2022. Will it breakout of the pattern?
✅EUR_USD was trading in a Bullish wedge and I predicted A bullish breakout long time ago And now we are finally seeing it So our bullish bias is confirmed In a powerful way and I think That after some correction The pair will give us More good growth LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Over the last few months I've made several Bitcoin analyses where I discussed the Elliot waves pattern I discovered. To this day, my prediction of price movement is spot on. With this analysis I wanted to give you all an update on where we are and what we can expect. Below you find a couple of past analyses in chronological order. Assuming that BTC will...
BTC/USDT update: Wait for the breakout which is $48000 or breakdown of the resistance level at 29000, followed by a successful reclaim of target levels. Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update. Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist...
Stock: Apple (AAPL) Time Frame: Weekly Chart Direction: long Comment: At the end of last week, Apple reached new all-time highs. In this analysis, I will focus on the weekly chart to show you where I believe Apple is heading. It is evident that Apple successfully broke out of a clearly visible triangle pattern and subsequently experienced a bullish rally of...
Clear bearish head and shoulders pattern for natural gas. The head and shoulders is a reversal pattern that can indicate a potential trend reversal from bullish to bearish. The pattern consists of three peaks, with the central peak being higher than the other two, resembling the shape of a head and two shoulders. In the context of natural gas trading, the head...
INJ has been trading in a bearish channel for nearly 3 months now. With Bitcoin's resurgence, there's a decent probability for INJ to break through the top resistance and to continue it's bullish trend. The yellow marked area is a short-term bull-flag, within a long-term bull-flag. The trade is based on the premise that both will break bullish. SL under 7.00,...
✅GOLD broke out of the Narrowing wedge pattern After trading in a downtrend For some time so I will be Expecting a bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅
In this analysis I want to make a prediction on where Ethereum will top, and around which date we can expect it to top. Keep in mind that I only use the last two cycles in this analysis, so take this analysis with a grain of salt. As seen on the chart, we can clearly see two things: 1: ETH tops 78 weeks after the Bitcoin halving. 2: ETH tops around the top purple...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Daily: Left Chart USDCAD is retesting a resistance zone in blue so we will be looking for sell setups on lower timeframes. on H1: Right Chart USDCAD is forming a head and shoulders pattern but it is not ready to go yet. 🏹 For the bears to take over, we need a momentum...
Breakout from a weekly resistence with good volume, also making a "W", buy now or after a retest depending on your risk apetite, seeing an upside till 900. This is for Idea purpose only, I am not a SEBI Reg. analyst. Do your own research before investing. Comment if you have any questions regarding this.
FIBONACCI LEVELS How retracement levels works in fibonacci BULLISH CHART PATTERNS Identify this type of patterns in live market and take perfect entry & get your profits without loss Make sure you definitely main the stoploss & trade
The head and shoulders pattern is a well-known chart pattern utilized in technical analysis to anticipate potential reversals in price trends. It derives its name from its visual resemblance to a head and two shoulders. Typically forming after an uptrend, this pattern is considered bearish and indicates a potential reversal in the market. Here are the main...