$SEI breakout confirmed! Time to go long!SEI/USDT Long Setup:
SEI/USDT has broken out of a symmetrical triangle pattern, which is generally considered a bullish signal.
CMP: $0.3285, with a retest zone at $0.3191.
Entry: Around current price or retest zone.
Targets:
T1: $0.3500
T2: $0.4000
T3: $0.4500
T4: $0.5000
T5: $0.5500
Stop Loss: $0.3 (below wedge support).
Leverage: 5x-10x (use caution).
Risk: Manage position size based on tolerance.
Oppertunity
Last Chance Alert: Buy Bitcoin Now at Unbelievably Low Prices!BTC UPDATE
BTC is trading at $61,500, nearing a critical support level at $60,000. We have a rising trendline, the 200 EMA, and the lower trendline of this expanding triangle also acting as support.
After 7 consecutive days of outflows in Bitcoin ETFs, yesterday saw $31 million in inflows, which is positive for bulls.
In the long term, I am bullish on BTC. We may see some short-term corrections in price, potentially down to $54,000 in the worst case, but that will be the best time to buy BTC.
The funding rate is negative at -0.11%, which is a positive sign for bulls.
Stay tuned for more updates.
CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD
#NOT IS FORMING FALLING WEDG PATTERN!🚨 GETTEX:NOT is forming a Falling Wedge Pattern on the 4H chart, which is typically a bullish reversal pattern.
📈 Entry Point: Start accumulating once the price exceeds $0.0140.
🎯 Targets:
Midterm Goal: 50% increase
Long Term Goal: 120% increase
🔄 Trading Options: GETTEX:NOT is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $0.01150.
📊 About GETTEX:NOT :
NOT is a promising project in the DeFi space, aiming to revolutionize cross-chain transactions with its innovative technology. Their mission is to provide seamless and secure transactions across different blockchain networks.
📢 DYOR, NFA
#Crypto #trading
Nice LONG opportunity for KASSure, here's a long callout for KAS/USDT:
🚀 Long Callout for $KAS/USDT! 🚀
Hey there, fellow traders! 📈 Exciting times ahead as we spot some promising signals for the KAS/USDT pair.
🔍 Technical Analysis Highlights:
- **MACD indicator**: Flashing a strong buy signal, indicating a potential upward trend.
- **Support Bounce**: We've witnessed a robust bounce at the key support level of 0.0417, highlighting its strength.
- **Continuation Pattern**: Anticipating a push towards the 0.046-0.050 range, suggesting more gains on the horizon.
💡 Our Strategy:
Despite recent volatility, we remain confident in our analysis. The support at 0.0417 held firm, indicating a strong market sentiment. We're expecting another bounce at this level, paving the way for further gains.
🎯 Price Targets:
- Short-term: Aiming for a solid bounce off 0.0417 and a climb towards the 0.046-0.050 range.
- Long-term: Watching for sustained momentum beyond 0.050, with careful monitoring of market conditions.
🛡️ Risk Management:
Volatility is normal in the crypto space, so we're keeping an eye on the bigger picture. Our stop-loss strategy is in place to protect our gains, and we'll adjust as needed.
🔔 Stay Tuned:
This is a long call, and we're in it for the potential upside. Stay tuned for updates as we ride the waves and navigate the exciting journey ahead.
Remember, always do your research and manage your risk. Let's make those gains together! 💪
Disclaimer: This is not financial advice. Trading involves risk, and past performance is not indicative of future results. Always do your own research before making any investment decisions.
Bear Ribbon and Pennant!(Updated Chart)I apologize for my last chart as I did it from a cell phone. Here we can see a clear sign of a Bear Ribbon/Pennant forming to indicate a continued trend. Usually pointing to halfway through a drop.
With the FED finally lowering its balance sheet, China's Economy is now mainstream news, Global Bond Yield surging, S&Ps report on the economy, and it's still getting worse. We are in a recession!
Risk Off. Recommend a study on Commodities.
(Sorry about the Scaling on the chart.)
VOX Finance - great opportunity or r.i.p?!I saw some story about VOX finance, not that interesting but it made me check it out.
As far as my inexperienced eye can tell, it looks like it’s “do or die” for VOX.
I drew 3 possibilities, which one do you think?
Yellow, Green, or Red?
Or perhaps something else? Let me know!
US30 ::: RANGEBOUNDExpecting US30 to be range bound in near future.
Expecting US30 to move in a range of 23892 to 24900 for some days. Giving day traders opportunity to do intra day trades.
Technical analysis on FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits / losses what so ever.
Crypto Trading - BITCOIN Confirmation when cross the 3848!?The Bitcoin has shown some strength reaching to 3848 level since yesterday and then rally back to the 3722 level where I think it will bounce back soon to the level 3484, if the BITCOIN cross the level 3848 where it shows a black hole between 3484 and 3980, it believed that it will reach then the first target at 4052-4179
How to find drop time and price using baselineHow to find drop time and price:
(A B = C) in a triangle based off of the ascending and descending trend lines.
(A) is the intersection of the price and ascending trend line (base ascending trend lineoff of previous bull flag pattern).
Using the location of (A) draw a strait line down to the descending trend line, draw a strait horizontal line and now we have our price level (B).
(D) location finds drop time, draw a strait line down from the intersection of the long term ascending trend line and future (right) side of triangle formation trend line (based off of previous repeating symmetrical down trend lines).
GBPJPY - The downside prevailsThe Pound has come under the spotlight since the start of 2016 all because of the EU referendum. I expect the Pound to see even more weakness right up until the referendum date. Here we have a short term ascending trend line inside of a huge downtrend and we have been making LH and LL since mid-Feb.
Here were my reasons for a short position:
- Daily rejection of 50 EMA
- Daily bearish engulfing candle
- Rejection of 0.5 fib line
If we see a break of the ascending trend line, expect price to continue south until next major support at 153.
AUD/JPY Potential short setupA clean break of the 79 level would see price head towards the 77 level. We have already seen a break and retest of the 80.50 level where price has headed south and bounced of the 10 EMA. The long term outlook for this pair would be past the 77 level where we have the potential to reach the 75 level.
However if price does not break the 79 level we could see price head North again respecting the descending trendline and the trade would be invalid.
CL1! looking for a bearish oppertunnityGood day traders,
Looking to short Crude. After a failed breakout on the 01-28 candle crude now developed a doji at the resistance line of this downtrend.
Looks like CL1! is not strong enough to break the trend line, the bears are in favor.
good weekend to you al,