BTCUSD: Bullish Shark within a Bullish Rectangle at the 200 SMABTC is sitting at a confluence zone of the 200 SMA and 1.13 Bullish Shark PCZ while showing heavy amounts of MACD Bullish Divergence; If this area holds i think BTC could go up to target the 2.618 Fibonacci Extension at $27,275.50.
If it fails to hold above this level of confluence then it will likely flush down to an 88.6% retrace below
Shark
(W) Multiple patterns completed for NGASNGAS
The symmetrical abcd pattern was completed at 2.49 and the bullish shark pattern was forged at the golden fib extension a couple of points($) below at 2.44.
Both patterns suggest a bounce that could send ngas trading back to $5, which is equivalent to a move of 100% or 25k points above the current price.
We have new fractal support at 1.96 - just below the 200% fib extension - the default target for the head and shoulders pattern printed above.
Ethereum Classic (ETC) forming bullish Shark for upto 10% pumpHi dear friends, hope you are well and welcome to the new update on Ethereum Classic (ETC) with US Dollar pair.
Our last trade of ETC was below:
Now on a 4-hr time frame, ETC is about to complete a bullish Shark move for another bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Bitcoin (BTC) formed bullish Shark | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Bitcoin ( BTC )
Previously we caught a nice trade of Bitcoin as below:
Now on a 4-hr time frame, BTC has formed a bullish Shark move for a bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Solana Showing Signs of Life Near the PCZ of a Bullish SharkSolana after bringing us a Weekly Double MACD Bullish Divergence Below Support has managed to Spring Back into the Major Support Zone that is confluent with a 1.618 Bullish Shark and is now Preparing to Bullishly Engulf the previous weekly candle in an attempt to hook on to the zone.
This can lead to us confirming the Old Support Zone as Support Again where we could then rally off the Support and take off to the Minimum Harmonic Target of $133.86 and if things are really Bullish; All Time Highs.
My only worries for this coin are it's previous connections with FTX but perhaps the technicals are hinting here that the FTX impact is not as bad as I initially perceived.
Frax Share (FXS) formed bullish Shark for upto 42.50% pumpHi dear friends, hope you are well and welcome to the new update on Frax Share (FXS) token
Prviously we caught more than 140% pump of FXS token as below:
On a daily time frame, FTX has formed a bullish Shark move for anaother bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Gitcoin (GTC) formed a bullish Shark for upto 16.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Gitcoin ( GTC ) token with USD pair.
Prviously we caught more than 60% pump of GTC token as below:
On a 4-hr time frame, GTC has formed a bullish Shark move for anaother bullish reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
An upsize trade coming upA Potential Bearish Bat Pattern is looking to complete at 0.9314. This allows me to trigger my upsize trades and gives me an opportunity to stretch my final target to the completion of the Bullish Shark Pattern on the daily chart.
In order for that to happen, a series of confirmation need to be in place, 1 of which require a violation of the Buy Zone/ Demand Zone(blue box).
I've my Bias to short GBPUSDI've my Bias to short GBPUSD, and that's because I've spotted an RSI Divergence off the Daily chart. To fulfil that trade plan, I've my Bearish Shark Patterns on the 1-hourly chart(left) and patiently wait for a shorting opportunity once the market touch 1.2234.
For trend trading traders, you could wait for a buying opportunity on the 4-hourly chart(right) at 1.1879.
Maker (MKR) forming bullish Shark for upto 32% pumpHi dear friends, hope you are well and welcome to the new trade setup of Maker ( MKR ).
Previously we caught more than 34% pump of MKR as below:
Now on a daily time frame, MKR with BTC pair is completing the final leg of a bullish Shark move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
the long wait is overPatience is required if you want to be successful in trading. The consolidation on the 4-hourly chart took sometime before the market finally spiked up and completed the Shark Pattern.
This is the only possible entry price on this Bearish Shark Pattern and should you decide to engage the trade, do note that the trade will be carry over the weekend.
Possible ScenarioPrice is just below the .236 fib level of the trend up since the Covid low.
Price is above a Symmetrical Triangle that can provide support.
Possible M pattern noted that could take this lower. I am not positive the 3rd leg is complete. If this is an M pattern, then it could be a Shark.
The .786 is there in case this is a Cypher but Cyphers are less common than Sharks.
The Shark completes the 4th leg at the .886 and in some cases, the 1.113.
Watching to assure 3rd leg is complete.
No recommendation.
Targets 2 are smaller than T1. T2 are targets if T1 is passed.
Bearish Harami candle pattern at this moment that can change by close.
Level for buying BTCLevel for consideration for traders who are looking for buying opportunity on BTC. The next optimal level I'm looking at is at $20706.50 base of the Bullish Shark Patterns.
Even for investment or purely buying the coins and store it on wallet, investors/ traders can wait for candlestick pattern confirmation before the actual purchased.
One should not take this as investment advice, but it is my view on the next best price to get involved better than the regular Dollar Cost Averaging(DCA).
Focus on where the Arrows are and earn 187pipsFocus on these 2 arrows, and it might bring you the opportunity to capture the 187pips of potential profits. A Type2 Bullish Shark Pattern(Grey) is what happens.
If the Shark Patterns got violated, I will be waiting for the Deep Bullish Gartley Pattern to engage for a buying opportunity.
The easiest 100pips profits to captureAs early as 8 Feb 23, I've been shouting LONG the Shark, LONG the Shark(at this to my community). The trading analysis report was written on TradingView.
The Bullish Shark Pattern has been bouncing off the Bearish 5-0 patterns, and this combo, it produces more than 100pips of profit potential.
It has bounced up and down 5 times; that's not too bad. 5x100pips = 500pips.
I'm excited to wait for the next confirmation to get involved in this trade.