Hellena | DJI (4H): Short to the area of 38566.67.Dear colleagues, I believe that the impulse of the senior wave “1” is not yet over.
I assume that the correction is now in priority, so 2 variants of events are possible:
1) formation of lower wave “4” and “5” (39863.75), then correction with the aim to reach the area of 38566.67;
2) The correction will start soon without a new high, but in this case we will have to reconsider the waves.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Signalservice
Lingrid | TONUSDT Inverse Head and Shoulders patternOKX:TONUSDT is currently forming an inverse head-and-shoulders pattern, which suggests that the market may be poised for an upward move. The price has recently broken out of the downward trendline, and it is now ranging within a defined area. I expect the price to remain above the key support level of 6.30, although there is a possibility that the market may briefly test this level in search of liquidity. A more reliable confirmation of a bullish trend would be a breakout above the downward channel. Before this occurs, I anticipate the market to trade sideways for a period, consolidating its gains and building momentum for the potential upward move. My goal is resistance zone at 6.790
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Lingrid | AUDJPY trend CONTINUATION tradeThe price perfectly fulfilled my last idea. It hit the target zone. The market is showing a bullish trend continuation pattern, specifically a flag pattern, which is characterized by an upward movement followed by a consolidation phase. FX:AUDJPY is currently trading in the consolidation zone, having broken above the key level of 104.00. As the price approaches the previous resistance zone, it's likely that this level will be unable to hold the upward momentum, given the prevailing bullish trend. The doji candle observed on Tuesday appears to be a brief pause before the next leg up. I expect a minor pullback to support the level before the price extends its upward movement, targeting higher resistance levels. My goal is the resistance at 105.200
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Gold- correction could be over soonAs explained in my latest video and written analysis, gold may have changed its trend. However, considering the 1000-pip drop from last week, a correction could occur.
Indeed, the price started to rise after hitting a low of 2325 and reached a high around the 2360 zone. This rise is clearly corrective in nature, and gold could soon drop again in a new downward leg.
The sell zone is between 2365 and 2375, with a target for bears at the 2300 level. I remain bearish as long as the price stays below 2380 on a daily closing basis.
GOLD'S LEAP AFTER THE NEWS IS RELEASEDGold edged lower to hold near $2,360 per ounce on Wednesday, as investors continued to reduce bets on US Fed rate cuts this year, following recent remarks from officials, while awaiting the key PCE inflation report.
On Tuesday, Minneapolis Fed President Neel Kashkari stated in an interview that the Fed should delay cutting rates until inflation significantly improves and might even hike rates if inflation fails to come down further.
Ananda research and comments XAUUSD PLAN DAY 29/05/2024
🔴SELL GOLD: 2370 - 2472 , SL: 2476
(scalping)
🔴SELL GOLD: 2386 - 2488 , SL: 2392
🟢BUY GOLD: 2324 - 2322, SL: 2318
(scalping)
🟢BUY GOLD: 2305 - 2307 , SL: 2301
Breakout & retest:
- Breaking and closing on: 2361 - 2374
- Break and close below: 2345 - 2335 - 2322
Support 2347 - 2335 - 2322 - 2316 - 2307
Resistance: 2370 - 2378 - 2384 - 2397
Lingrid | BITCOIN Preparing for NEW Bullish EXTENSIONBINANCE:BTCUSDT remains resilient, finding support at 67,000. As you will notice, a potential bull flag pattern is forming, reminiscent of the previous one. I believe this setup will eventually lead to a breakout and subsequent move higher as the overall trend remains bullish. A consolidation zone is forming just below the channel boundary, hinting at a potential breakout. If the market breaks out of this pattern, we could see new all-time highs. I expect a pullback to support followed by an upward surge that breaks the trendline. Confirmation of the continuation of the bullish trend will occur when the market breaks out of this pattern. My goal is the resistance level 71900.00.
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Lingrid | LINKUSDT trend CONTINUATION opportunityThe price perfectly fulfilled my previous idea. It hit the target level. BINANCE:LINKUSDT has continued its upward momentum, surging above the 17.00 level and maintaining its position above it. On the daily timeframe, we can observe a big bullish candle, which suggests a substantial accumulation of bullish pressure. This development signals that the market may be transitioning out of its accumulation phase, paving the way for an upward move towards the next significant resistance level. As the market gains momentum, it's likely to push towards this key level, potentially leading to further price increase. In this case I expect a classic pullback and continuation pattern to play out. My goal is the resistance zone around 20.00
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Hellena | EUR/USD (4H): Long to resistance area at 1.09501.Dear colleagues, I believe that the five-wave momentum is not yet complete. I expect a correction in wave “4” to the area of 1.08270, then the continuation of the upward movement to the area of 1.09501. Thus, the price will complete the wave “1” of the higher order.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Lingrid | AUDCAD in the CONSOLIDATION zoneThe price perfectly fulfills my last idea. It took off and hit the TP. The daily timeframe is showing a bullish trend, with the market consistently updating higher highs and higher lows. FX:AUDCAD has been consolidating within a narrow range of 0.91000 to 0.90500. It recently broke and closed above the significant level of 0.9000. Given this momentum, I anticipate the market will continue to consolidate within this range, with the potential for a bounce off support and an upward move towards liquidity area above the equal highs. Considering the overall bullish trend, it's likely that the price will rebound from the support level and downward trendline. My target is the resistance at 0.90960
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | EURUSD LONG after Flag Pattern BREAKOUT The price perfectly fulfilled my last idea. It played out nicely; it hit the targeted level. FX:EURUSD has rebounded off the crucial psychological support level at 1.08000, and it appears to be forming a bullish flag pattern. A breakout of this pattern could lead to a further upward momentum. On the daily timeframe, we see a strong bullish candle, which shows the bullish sentiment. On the 4H timeframe, the trend remains bullish, and a breakout above the resistance level at 1.08600 could trigger a significant influx of buy orders. Meanwhile, the TVC:DXY has also bounced off the strong resistance zone at 105.00, an area that has been respected multiple times before. Overall, I anticipate a break above and close above the flag pattern, followed by a potential upward move if the price action continues to stay within its upward channel. My goal is the resistance at 1.09280
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Alikze »» STRK | Move to the roof of the descending channelIn the 4H time, after a mixed correction, it has reached the $1 range, after which it has faced demand.
💎 It is currently moving in a downward channel.
According to the current momentum in the region, the current demand is suffering.
In the next step, it can continue to grow up to the supply area and the ceiling of the channel, which is a dynamic trigger.
💎 If it breaks the supply zone, it can fill the FVG gap in the 4H time frame. Therefore, if you fill the gap and pullback to the broken structure, the next target will be the next supply area.
💎 Alternative scenario: If the demand area breaks downwards, which is also in the midline of the channel, this correction can be extended and extended to the bottom of the channel and the origin of the OB movement.
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Bitcoin- would it finally break resistance?
After reaching an all-time high in March, BITSTAMP:BTCUSD started to consolidate between 61k and 71k, with a false breakdown in the final days of April. Following this false break, the price once again reached the resistance zone last week and is now consolidating again.
The overall trend remains clearly bullish, and the chart structure over the last three months is somewhat similar to the December-February consolidation.
Considering these factors, I remain bullish on Bitcoin and expect a rise to the 80k zone, if not higher. Only a price drop below 60k would change this bullish outlook.
EURCHF - Long from trendline ✅Hello traders!
‼️ This is my perspective on EURCHF.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. I have a confluence for a long position if price makes a retracement and then rejects from trendline + liquidity zone + institutional big figure 0.98000.
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Gold could have change the trend in mid-termAs explained in yesterday's video, after a short-term consolidation above 2400, which formed a descending triangle, OANDA:XAUUSD dropped significantly in the middle of last week, reaching the 2330 support zone and forming a large bearish engulfing pattern on our weekly chart.
There is a likelihood of a mid-term trend reversal, with the price potentially falling below 2300 to revisit the 2280 support zone.
My strategy is to sell during rallies, with the negation of my view above 2380.
Lingrid | SHIBUSDT buying OPPORTUNUTY at Support LEVELThe price perfectly fulfilled my previous idea. In my opinion, the alt season has already begun, but we haven't seen it yet on the price charts. Many altcoins, including meme coins, are currently in an accumulation phase. BINANCE:SHIBUSDT chart, in particular, is clearly in a consolidation zone following its recent bullish move. I believe that the price action is being squeezed, and a breakout of this consolidation zone could lead to another price surge. On the daily timeframe, the price is trading within a range, but we can see higher lows indicating buying pressure. If the market stays above the support level, there is a likelihood that the price will move upward. However, if the price breaks and closes below the upward channel, we would anticipate buying at lower prices. My goal is resistance zone 0.00002666
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | AUDCHF short term PULLBACKThe price perfectly fulfilled my last idea. It hit the target. FX:AUDCHF is currently trading within a downward channel, having recently formed a new lower low. The price is now approaching the resistance zone and the upper channel border, following a bounce off the support level. I anticipate a pullback and retest of the support level, followed by further downward momentum. This is because the market on the daily timeframes has reached a strong resistance zone, which suggests that the market is likely to continue its downward trajectory. I expect a fake breakout of the resistance zone to occur, allowing the market to grab liquidity above before resuming its downward trend. My goal is the support level at 0.60550
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ICP- Good buying opportunityAs you know from my previous 3-4 posts on BINANCE:ICPUSDT , I am very bullish on this project and expected the price to reach $20.
Indeed, this has happened, followed by a strong 50% correction after reaching my target.
Now, the price is trading at $12 and is near a strong support level, both technically and psychologically, around $10.
In my opinion, these prices offer a good buying opportunity and in the event of a reversal and a retest of the $20 zone, a 100% gain could be achieved.
GbpUsd near a very important breakThe break of support on April 12 proved to be a false one. After establishing a higher low at the beginning of May, FX:GBPUSD is once again trading near resistance.
A break above this resistance would be significant, as the price has reversed from this level multiple times, and it also aligns with the falling trend line.
I will remain bullish as long as the price stays above 1.26, and I am looking for a rise above 1.3.
EurUsd- Rise to text 1.1 important figure?After reaching a low of around 1.06 in mid-April, FX:EURUSD began to recover and broke above the descending trend line in mid-May, potentially indicating a trend reversal.
Recently, the pair also formed a bullish flag, further supporting a bullish outlook.
As long as the price stays above 1.0750, there is a strong possibility of testing the 1.1 resistance level.
GOLD WEEKLY CHART LONG TERM/RANGE ROUTE MAPHey Everyone,
This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected.
So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time.
Last week we completed our bullish target of 2438 confirmed by the body close gap at 2404. No further gap was created and only a wick confirming the rejection.
The rejection completed the detachment to ema5 below as highlighted last week and also inline with the channel top, which we were looking for a re-test to confirm support.
If this support breaks and the channel top does not provide the dynamic support we are looking for then we are likely to see price break back into the channel for a further correction to respect the levels in the channel once again. The levels will then provide the bounces inline with our plans to buy dips, level to level using our smaller time-frames.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top
Please don't forget to like, comment and follow to support us, we really appreciate it!
MR GOLD
XAUUSD TOP AUTHOR
AIRDROP TYPESCryptocurrency airdrops are a clever marketing tactic where projects give away tokens or coins for free, with the aim of generating buzz and spreading the word about their product. In most cases, the primary goal of an airdrop is to create awareness and attract attention, rather than generating revenue. As the airdrop makes headlines in the media and gets featured on influential analytical platforms, users become more familiar with the startup and may even decide to invest in their coins if they're interested.
There are different types of airdrops that have different purposes, conditions and mechanisms:
🎈 REGULAR AIRDROP
These are the simplest and most common type of airdrop, where a project gives away its tokens or coins without any strings attached. In most cases, all you need to do is sign up for the project and confirm your email address to receive your free tokens.
Unlike other types of airdrops, regular airdrops require minimal effort and no purchase or time-consuming tasks. It's like getting free money, without having to lift a finger! And the best part? You can earn even more by sharing the news with your friends and family on social media.
Regular airdrops are often used by new projects that are just starting out, with coins that have a few zeros after the decimal point. The main goal is to create buzz and generate interest in the project, which can lead to a significant increase in the price of the coin once it's listed on exchanges.
🎈 BOUNTY AIRDROP
The Bounty Airdrop is a unique and innovative way for projects to engage with their community and reward their most enthusiastic supporters. Unlike traditional airdrops, where users simply receive tokens or coins for free, the Bounty Airdrop requires users to complete specific tasks in order to earn their rewards. These tasks can include writing an article, creating a video, translating content, testing or reviewing a product, or even participating in social media campaigns.
By completing these tasks, users are not only earning rewards, but also contributing to the growth and success of the project. This approach not only incentivizes users to take action, but also fosters a sense of ownership and loyalty among the community.
The Bounty Airdrop offers higher rewards compared to traditional airdrops, making it an attractive option for users who are willing to put in a little more effort. However, it also requires a higher level of engagement and commitment from the user. For those who are willing to take on the challenge, the rewards can be substantial and provide a significant boost to their crypto portfolios.
Overall, the Bounty Airdrop is a win-win for both the project and the user. It provides a unique opportunity for users to earn rewards while also contributing to the growth and success of the project, and offers a higher level of engagement and satisfaction compared to traditional airdrops.
🎈 LIMITED AIRDROP
A limited airdrop is a unique token distribution strategy where a project allocates its tokens or coins to a specific group of individuals, often consisting of early investors, holders of a particular cryptocurrency, participants in a hardfork or lottery. This type of airdrop is commonly employed by already established startups as a marketing tool to promote their brand and incentivize users to buy their coins.
In a limited airdrop, the project typically distributes its tokens or coins to the selected group of individuals, often with the condition that they must hold or buy a certain amount of the project's coins beforehand. This creates a sense of urgency and exclusivity among participants, as they are only eligible to receive the airdrop if they meet the specific requirements.
The primary objective of a limited airdrop is to create buzz and drive adoption for the project's coins. By offering exclusive rewards to early adopters and loyal supporters, the project can incentivize users to buy and hold their coins, rather than simply selling them off immediately.
However, the success of a limited airdrop ultimately depends on the timing and execution of the project's sales strategy. Once the airdrop is completed, the project typically begins mass sales among those who purchased coins solely for the rewards. This means that the task at hand is to sell the coins quickly and efficiently, ideally before the market becomes saturated with sellers.
By carefully planning and executing their sales strategy, projects can maximize their returns and create a sustainable market for their coins. For investors, limited airdrops can be an attractive opportunity to get in on the ground floor of a promising new project and potentially earn significant returns.
🎈 AUDIENCE AIRDROP
In an Audience Airdrop, a project distributes its tokens or coins to individuals who have amassed a certain number of followers, likes, comments, or views on their social media channels, blogs, or online forums. This targeted approach allows projects to focus on their most dedicated and active supporters, who have been instrumental in spreading the word about their initiative.
By offering tokens or coins to these loyal enthusiasts, projects can foster a sense of community and loyalty among their audience. This strategy is particularly effective for projects that are looking to build a loyal following and encourage word-of-mouth marketing. In essence, an Audience Airdrop is a form of token-based loyalty program that rewards users for their ongoing support and participation.
The benefits of an Audience Airdrop are multifaceted. For one, it provides a unique opportunity for users to get involved with the project and feel valued for their contributions. Secondly, it helps to build a strong and dedicated community around the project, which can lead to increased visibility and credibility. Lastly, it can also help to incentivize users to continue promoting the project and sharing its content with others. Overall, an Audience Airdrop is a clever and effective way for projects to reward their most loyal fans and encourage continued support and advocacy.
🎈 HARDFORK-BASED AIRDROP
What happens when an airdrop is coupled with a hardfork, a significant event that splits the blockchain into two distinct branches? This fusion of concepts gives rise to a unique phenomenon known as a hardfork-based airdrop.
A hardfork is a major update to the blockchain protocol that renders the existing blockchain incompatible with the new version. As a result, the blockchain is split into two branches, each maintaining its own unique set of transactions and assets. This dichotomy creates an opportunity for projects to distribute their tokens or coins to users who held a certain cryptocurrency on their wallets at the time of the hardfork.
The benefits of a hardfork-based airdrop are multifaceted. For users, it provides an opportunity to acquire new tokens or coins without investing in initial coin offerings or token sales. This democratizes access to blockchain assets, allowing more individuals to participate in the ecosystem. Furthermore, it incentivizes users to hold onto their cryptocurrencies, fostering loyalty and encouraging long-term investment in the project.
For projects, a hardfork-based airdrop offers a unique marketing strategy to promote their token or coin. By distributing assets to users who hold a specific cryptocurrency, projects can generate buzz and attract new followers. This approach also helps to establish a strong community foundation, as users are more likely to support and advocate for projects that reward their loyalty.
🎈 PARTNERSHIP AIRDROP
The partnership airdrop is a revolutionary concept that empowers token holders to benefit from joint ventures between projects. This innovative approach allows token holders to receive tokens from both participating projects, fostering a sense of unity and shared value. For instance, when two projects merge, their token holders can now seamlessly receive tokens from both entities, creating a more comprehensive ecosystem.
Another example of the partnership airdrop in action is when a new startup is launched on the Ethereum blockchain. As a token of appreciation for the support and trust of Ethereum holders, they are rewarded with tokens from the new startup in a predetermined proportion. This collaborative approach not only strengthens the bond between projects but also provides a unique opportunity for token holders to diversify their portfolios and benefit from the growth potential of the merged or new projects.
By facilitating seamless token distribution through partnerships, the partnership airdrop has the potential to reshape the way we think about tokenomics and project collaborations. As more projects come together to create innovative solutions, the partnership airdrop will undoubtedly play a vital role in shaping the future of the cryptocurrency landscape.
🎈 AIRDROP FOR NFT HOLDER
This airdrop mechanism that benefits holders of specific NFT assets, providing them with free tokens. This promotion strategy is designed to incentivize ownership and drive engagement with a particular NFT collection. By distributing tokens to holders of certain NFT cards or assets, creators can increase visibility and attract new enthusiasts to their digital art project.
Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment
Lingrid | DOTUSDT making NEW highsBINANCE:DOTUSDT chart has been demonstrating a strong uptrend, with each subsequent high surpassing the previous one. This upward momentum was evident in the recent break and close above the psychologically significant round number at 7.0. Given this momentum, it's likely that the market will continue to push upwards, potentially retesting the March highs. However, I also believe that the market may experience a brief consolidation phase before surging higher. Specifically, I expect a retracement to an even number at 7.0, followed by a renewed upward move. Noticeably, the market has recently formed a long-tailed bar by taking liquidity below the support level, which suggests a potential bullish move. My goals is a support level at 7.90.
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EURAUD - Short active ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here we are still in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action after price took liquidity from old high and rejected from bearish order block + institutional big figure 1.64000.
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