Shark
RUNE ANALYSIS🔮 #RUNE Analysis - Support and Resistance 🚀🚀
💲💲 #RUNE is trading around its major resistance zone and #RUNE is trying to retest the zone. If #RUNE breakout and closes above the resistance zone and sustain the higher price, it will indicate a good bullish move and will achieve the next target easily📈
🔖 Current Price: $5.387
⏳️ Target Price: $6.065
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#RUNE #Cryptocurrency #Support #Resistance #DYOR
Bullish Shark PatternI'm closely monitoring GBPJPY for a potential buying opportunity based on the Bullish Shark Pattern. Here are the details:
- Setup: Bullish Shark Pattern
- Completion Level: 189.06
Given the recent decline in the JPY and the resulting upward movement in JPY pairs, I'm anticipating a bullish scenario on GBPJPY.
The completion of the Bullish Shark Pattern at 189.06 is the level I'm eyeing for a buying opportunity.
Feel free to share your insights and trading plans for GBPJPY. Are you considering a long or short position?
USDJPY Trading Plan: Bullish Shark PatternI'm maintaining my bullish outlook on USDJPY and currently eyeing a potential buying opportunity. Here are the details:
- Setup: Bullish Shark Pattern
- Completion Level: 150.09
It's crucial to note the presence of the Type2 Bearish Fib-3 Bat on USDJPY's Weekly Chart. While it signals caution, my focus is on the bullish scenario with the completion of the Bullish Shark Pattern at 150.09.
Feel free to share your thoughts and trading plans for USDJPY. Are you considering a long or short position?
Check the chart link within the TradingView post for a visual representation.
EURUSD Trading Plan: Bearish Shark Pattern RetestIn our EURUSD analysis, we are identifying a potential shorting opportunity for counter-trend traders. Here are the details:
1. Setup: Bearish Shark Pattern Retest
2. Timeframe: 1-Hourly Chart
3. Key Levels:
- Retest Level 1: 1.0852
- Retest Level 2: 1.0874
The Weekly Chart suggests a weaker bull trading setup, and on the 4-hourly chart, a bearish trend is noticeable. The Bearish Shark Pattern on the 1-hourly chart provides a counter-trend trading opportunity.
Feel free to share your thoughts on which retest level you find more suitable for a shorting opportunity.
Bounce Token (AUCTION) completed a setup for upto 34.50% pumpHi dear members, hope you are well and welcome to the new update on Bounce Token (AUCTION).
Recently we caught almost 29% pump of AUCTION as below:
Now on a daily time frame, AUCTION has formed a bullish Shark move for the next pump.
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.
Stick, Twist or Fold?You hedged Long from 1.07935 (profits taken, risk free).
With a short (entry 1.08806) twice the size of your remaining long.
WWYD?
A) Leave as is - That's a great carry into the weekend.
B) Cash out the short - We bottoming out.
C) Close the long - Sunday open, shit's gapping down hard.
NZDJPY Trading Plan: Bearish Shark Pattern RetestIn our NZDJPY analysis, we are observing a potential shorting opportunity on the 1-hourly chart. Here are the details:
1. Setup: Bearish Shark Pattern Retest
2. Timeframe: 1-Hourly Chart
3. Key Level:
- Entry Point: Bearish Shark Pattern Retest at 92.07
The Daily Chart reveals a Bearish Gartley Pattern at X with RSI Divergence, suggesting a potential bearish move. On the 1-hourly chart, the Bearish Shark Pattern provides an additional layer of confirmation for a shorting opportunity.
Feel free to share your insights, and let's navigate this market together.
EURUSD Trading Plan: Bearish Shark Pattern on 4-Hourly ChartLet's delve into the EURUSD trading plan for the upcoming period.
The weekly chart suggests a weaker bull trading setup, signalling a bullish trend with some weakening.
However, the four-hour chart paints a different picture, displaying a bearish trend.
Here's the comprehensive trading plan:
1. Weekly Chart: Indicates a weaker bull trend.
2. 4-Hour Chart: A Bearish Shark Pattern is anticipated to complete within the sell zone at 1.0874, presenting a potential shorting opportunity.
Given the bearish trend identified on the four-hour chart, the focus will be on the Bearish Shark Pattern for a potential short trade.
Share your thoughts and insights on this trade plan!
XRT: Bullish Inverted Head and Shoulders Could Target an 0.886XRT on the hourly has started to form what could be a Bullish head and Shoulders, if it plays out it could result in the XRT making a 0.886 Fibonacci Retrace likely starting before the end of the week. Additionally, the RSI has a Bullish Shark formation which could serve as further confirmation of the low.
GBPAUD: Pushing into the PCZ of a Bearish SharkGBPAUD is pushing above the range resistance and into the PCZ of a Bearish Shark with elevated volumes, at the same time there is a Bearish Gartley formed on the RSI and the RSI is setting up to breakdown while in the overextended zone. I think we will likely see the AUD take back dominance for a few months in many of its pairs, particularly in the GBPAUD and AUDUSD pairs.
It is possible that the GBPAUD pushes above 1.95 for a short amount of time, I will likely continue shorting into 1.955
BCH is going up regardless BTC. Another 100% profit.BCH is strong and is rising, while BTC is currently down. Why is that? If we take a look at the price action, we can see that it very much differs from the BTC price action in many ways. We have had a range that broke up, and the price is currently almost at the previous major swing high from June 2023. My Elliott Wave count suggests that we should see a huge pump soon. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
I am not a huge fan of BCH, but there are some facts. Why BCH? Bitcoin Cash was considered by some supporters to be the legitimate continuation of Satoshi Nakamoto’s vision of Bitcoin as a peer-to-peer electronic cash. All Bitcoin holders at the time of the fork (block 478,558) automatically became owners of Bitcoin Cash.
From a technical perspective, Bitcoin Cash is similar to the Bitcoin algorithm. Namely: both projects have a hard cap of 21 million coins and also use Proof-of-Work (PoW) consensus framework and nodes to verify transactions.
Unlike Bitcoin (BTC), Bitcoin Cash aims to scale to meet the demands of a global payment system. At the time of the split, the Bitcoin Cash block size was increased from 1MB to 8MB. An increased block size means Bitcoin Cash can now handle significantly more transactions per second (TPS) while keeping fees extremely low, solving the issues of payment delays and high fees experienced by some users on the Bitcoin BTC network.
As of 2023, Bitcoin Cash has a block size of 32MB, compared to Bitcoin’s block size of 1MB. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Awaiting Confirmation for Shorting Opportunity Traders,Despite a strong bullish candle, the presence of a Bearish Shark Pattern retest on USDJPY is intriguing.
However, the trader advocates waiting for further confirmation to engage in a shorting opportunity on USDJPY, treating it as a retracement trade.
What's your take on the potential trade for USDJPY?
BTC still trading withing Bull FlagBitcoin is at 42.8k and still trading within the premises of BULL FLAG pattern...
Which in my opinion is a good range to trade but we may see some volatility hitting market soon maybe in the upcoming days or weeks...
What do you think will BTC touch that lower zone?
Which is around 34-36k zone
Drop your opinion below..
I will read all
ATOMUSD: Holding 21-week SMA After Completion of Bullish SharkATOMUSD has Double Bottomed on the weekly timeframe at the PCZ of a Bullish Shark and is now holding above the 21-week SMA. If it holds, we could see ATOM breakout of the range and rise all the way up to a 61.8% retrace. From there it may then turn into a Bearish 5-0 but for now I'm just focused on the potential Bullish move upwards.
The Shark pattern here is admittedly controversial given the fact the C leg is an equal high to the A leg rather than being a higher high, but I think it is something that this pattern could maybe get away with.
Combo Trade OpportunityAn amazing Bearish Fib-3 Bat with RSI Divergence has surfaced on the CADJPY 1-hourly chart.
While some may see this as a great counter-trend trading opportunity, others might interpret it as a warning sign and choose not to engage.
But here's the twist - it's a Combo Trade.
On the Weekly Chart, there's a Bearish Shark Pattern Retest, accompanied by a Type2 Bearish Gartley Pattern.
What's your take on CADJPY?
Share your trade plan for CADJPY in the comments below!
Combo Trade Strategy for Potential Head and ShouldersThe USDJPY's Weekly chart is showing signs of a potential Head and Shoulders formation.
While engaging directly on the weekly chart might be considered risky, what if we use a Combo Trade Management strategy?
There's a Bearish Shark Pattern on the Daily chart, and we might witness a formation of a
Bearish Deep Gartley Pattern on the 1-hourly chart, providing a counter-trend trading opportunity.
Which of these trading opportunities do you prefer? Share your thoughts!
Sideways Movement with Trade OpportunitiesEURUSD is exhibiting a sideways movement on the weekly chart.
Here are two potential trade opportunities:
1. Buying Opportunity:
- Wait for a retest of support at 1.0847 for a potential buying opportunity.
2. Shorting Opportunity:
- Look for a shorting opportunity on the Bearish Shark Pattern at 1.0893.
What's your preferred trade plan for EURUSD?
Bullish Shark on the Japanese Yen Futures Feb 16th ContractThere is a Bullish Shark visible on the Japanese Yen Futures contract expiring on Feb 16th 2024, there is also RSI Bullish Divergence on the 4 Hour Timeframe at this level. A higher low bounce in the JPY from here would likely result in further tightening of the Japanese carry trade, which would be bad for stock and particularly bad for REITs and Financial Institutions. Saying as though it is the Feb 16th Contract that this Harmonic has completed on, I would expect the JPY to rise sharply leading into the expiration of this contract.