Xrp - This Is The Bullish Breakout!Xrp ( BITSTAMP:XRPUSD ) is preparing two major breakouts:
Click chart above to see the detailed analysis👆🏻
Xrp has been consolidating for almost 7 years and if a triangle breakout happens, it will certainly be followed by new all time highs. Price action and market structure are both pretty clear, and it seems almost impossible for Xrp to break the current support. Therefore longs!
Levels to watch: $0.5, $1.0
Keep your long term vision,
Philip (BasicTrading)
Community ideas
PEPE Is Looking SEXY MartyBoots here , I have been trading for 17 years and sharing my thoughts on PEPE .
Pepe is looking beautiful , very sexy chart for more upside
Very similar to Bigtime which is up nearly 30% today
Do not miss out on PEPE as this is a great opportunity
Watch videos for more details
Gold & Silver Ripping Higher. Should You Be Cautious Of A CrashThis video highlights the recent rally in Gold and Silver and covers some basic information related to the risk of a US/Global market crash event.
Take a minute to try to understand why Gold & Silver are rallying away from the Breakaway phase and into the Expansion phase.
This is a huge opportunity for traders if they understand why Gold and Silver are rallying like they are.
This is not a move of Panic and global market contagion. This move is related to metals being extremely undervalued compared to global market risk factors. Metals must appreciate in order to properly reflect the risks related to the global markets.
Gold may rally well above $5500 and Silver may rally well above $65 before the end of 2026. Are you ready for that move?
Pay attention & Get Some.
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Natural Gas oil dxy gold silver10.18.24. the markets are volatile some nice changes and continuation trades. even though the metal markets are moving higher..... and might very well go much higher... I'm looking for reversal patterns and a correction. we might be coming to a bullish reversal in the natural gas market.
Just some evening work on the $VCLT chartI describe some of my thoughts here on what the situation is with $VCLT. Should be an interesting one to watch going forward.
I apologize for not going incredibly in-depth here. This is a chart I have done some work on already and I am just sharing the work I wanted to do this evening.
Semi-Deep Dive into DISHey, folks! Well, Disney has been beaten down fairly significantly over the past few years and has gotten sent back to the dog house after attempting to make a break - and hitting the 250 day moving average - a few months ago. However, is Disney now a good value here at 2x sales and with a potential short term idea at play?
Only time will tell! But I hope you enjoy this deeper dive into Disney. Best of luck out there.
EURJPY I Potential slight pullback and more growthWelcome back! Let me know your thoughts in the comments!
** EURJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
XAUUSD I Technical Analysis & Trading PlanWelcome back! Let me know your thoughts in the comments!
** XAUUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
NAS100 I Forecast and Technical Analysis Welcome back! Let me know your thoughts in the comments!
** NAS100 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
MUST WATCH! DECISION TIME FOR BITCOIN! Here are the levels that immediately stand out.
Are we headed for the range high? Are we BOUNCING OFF THE trend line, or will we rotate back down?
See video for full breakdown but otherwise trade responsibly.
For any of these plays, I want to see a flip in structure on the 10-minute chart or higher before entering. Let’s be ready!
Make sure to follow for regular updates and insights! 🔔💡
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A Full Scope View of The Magnificent 7Today, we look at the Mag 7 via the following methods.
MAC (Moving Average Channel).
Valuation with Trend.
High Timeframe Divergence.
To summarize, overall, these markets are generally bullish. I outline areas of interest where I will be looking for trades to the long side.
Have a great weekend.
SPY/QQQ Plan Your Trade For 10-18 : Tmp-Bottom PatternHappy Friday,
Today's pattern is a Tmp-Bottom pattern for the SPY Cycle Patterns. This pattern usually acts as price attempting to find immediate support in early trading, then moving into a moderate melt-up rally.
After yesterday's big opening gap (higher) on the SPY, I suspect the SPY & QQQ will attempt to rally back to those highs and possibly attempt to break those highs today.
In other words, I believe yesterday's opening price high was a reaction price level where price ran into immediate resistance. After watching price roll downward and now attempt to melt upward in overnight trading, I interpret this move as "failing to continue to establish new lower lows". Thus, price then shifts into a mode of "must attempt to make higher highs".
If my analysis is correct, we'll see the SPY/QQQ melt upward off the Tmp-Bottom pattern and possibly attempt to move up 1.25-1.50%+ today.
Gold and Silver are playing out very nicely - still moving in a solid rally phase.
Bitcoin continues to consolidate sideways. The length of time Bitcoin has consolidated could present a very big breakout or breakdown pattern over the next 2 to 5+ days.
So, be aware that any move away from the #3 & #4 consolidation phase of the Excess Phase Peak pattern could resolve into a very big price move for Bitcoin.
Currently, I suggest the downward price move has a slight advantage - simply because of the failed new highs (price rejection). But, that could change in an instant with a confirmed higher high/higher close.
Get some.
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DXY Mid-Long Term Bearish Still??!I'm certainly still bearish on the Dollar going into the US elections. How it will play out, I do not know but my bias is well defined until price prints otherwise.
The arrowed path is just a delineation of how I would like to see it play out, no promises there!
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GLGT!!!
LloydFx,
Trade Monastery