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Alikze »» TAO | Ascending corner pattern - 1D🔍 Technical analysis: Ascending corner pattern - 1D
- In the analysis presented in the previous post , in the 4H time frame according to the direction of movement, after the short-term ascending channel was broken, a correction was encountered, which continued until the correction range of $217.
- Demand was met in the range of $217, which has continued its growth by forming a return pattern up to the range of $690.
- Currently in the supply zone, it has formed a bullish angle pattern.
- Therefore, I expect that after breaking from the bottom in the range of $500, it will face demand again and complete the 5-wave cycle up to the ceiling of the channel.
💎 Alternative scenario:
In addition, if the pattern breaks and there is no support in the range of $500, the correction can extend to the green box.
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BINANCE:TAOUSDT
GM General Motors Company Options Ahead of EarningsIf you haven`t bought the dip on GM:
Now analyzing the options chain and the chart patterns of GM General Motors Company prior to the earnings report this week,
I would consider purchasing the 50usd strike price Calls with
an expiration date of 2024-11-1,
for a premium of approximately $1.29.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AAPL Apple Options Ahead of Earnings If you haven`t bought AAPL before this major breakout:
Now analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week,
I would consider purchasing the 232.5usd strike price Calls with
an expiration date of 2024-11-1,
for a premium of approximately $4.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NFLX Netflix Options Ahead of EarningsIf you haven`t sold NFLX before that massive selloff:
Now analyzing the options chain and the chart patterns of NFLX Netflix prior to the earnings report this week,
I would consider purchasing the 730usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $45.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Alikze »» BTC | Bullish angle pattern | bullish channel - 8H🔍 Technical analysis: Bullish angle pattern in the bullish channel And the pullback is broken into the swing
- According to the movement scenario predicted in the previous analysis , by forming an ascending diamond pattern, it managed to break the dynamic trigger and move towards the supply areas.
- It is currently moving in an ascending channel in the 8H time frame.
- With the formation of an ascending corner pattern, it is undergoing a temporary correction to the green box.
- Therefore, it can encounter support after correction in the green box area and continue its growth up to the supply range.
💎 In addition, if the correction is sharp, there will be a possibility of breaking the green box, up to the range of 62500.
💎 So, in case of zigzag correction in the green box area, it can meet the demand and touch the target of the supply area.
⚠️ In addition, if below the area of 62500 candles, the bullish scenario will be invalidated and should be re-examined and updated.⚠️
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MEXC:BTCUSDT
Alikze »» GALA | Wave 3 or C scenario - 8H🔍 Technical analysis: Wave 3 or 3 scenario in the ascending channel
- In the 8H frame, it is moving in an ascending channel.
- So far, a movement cycle AB=CD within the ascending channel has grown to the size of 0.78 fibo.
- After that, it had a corrective cycle up to the green box range, which has met with demand again.
- Currently, it is in the middle of the channel, which can continue its growth by breaking it up to the limit of the first supply area (the ceiling of the channel).
💎 After that, if it has a soft and zigzag correction, it can continue its growth with a bullback to the broken structure (minor ceiling) in the ascending channel until the second supply area as wide as the first channel.
⚠️Note: In addition, if the current price enters the corrective phase and touches the Invalidation LVL area, the bullish scenario is invalidated and must be reviewed and updated again.⚠️
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BINANCE:GALAUSDT
Alikze »» ENS | Corner pattern formation - 4H🔍 Technical analysis: Corner pattern formation - 4H
- It is moving in a corner pattern in the 4-hour time frame.
- Due to the formation of the Double Bottom pattern, higher floors and higher ceilings have been formed in the range of 15.80.
- Therefore, it can continue its growth with pullback to the range of 17.50 to the dynamic trigger and form a newer ceiling.
- In addition, with the failure of the dynamic trigger, it can continue to grow until the supply area.
💎 Alternative scenario:
If the green box is broken sharply, it can continue its dynamic correction (origin of movement) until the bottom of the trigger.
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BINANCE:ENSUSDT
Alikze »» CATS | Wave 3 or C bullish scenario - 2H🔍 Technical analysis: Wave 3 or C bullish scenario - 2H
- In the 2H time frame, it is moving in an ascending channel, which is recently seen in the 0.38 Fibo retracement range of the previous wave of a morning star candlestick pattern.
- Therefore, if the Fibo range is not broken, it can have an upward wave according to the current momentum up to the middle range of the channel.
💎 In the future, with the continuation of the upward pattern, it will have the ability to reach the supply range.
⚠️ In addition, if the bottom of the previous wave is touched, the bullish scenario will be invalidated. ⚠️
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KUCOIN:CATSUSDT
Alikze »» GMX | Ascending Channel - 1H🔍 Technical analysis: Ascending Channel - 1H
- It is moving in an ascending channel in the one-hour time frame.
Due to the formation of a Double Top pattern in the range of 24 dollars, it has faced selling pressure.
Therefore, it can face demand by continuing the correction in the OB area of 22.40 or by pulling back to the previous ceiling.
- So, in the case of a pullback to the previous ceiling and the OB zone of $22, it can face demand and continue its growth up to the supply range of $25.
🟩 Support ranges: 22.27 - 22.40
♻️ Return zone: 21.68
⛳️ TP: 23.44 - 24.20 - 24.60 - 25 -25.40
⚠️ In addition, if it penetrates and stabilizes below the range of 21.68, the bullish scenario will be invalid. Therefore, as long as the candles are above the range of 21.68, the upward trend can continue. ⚠️
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BINANCE:GMXUSDT
Alikze »» BNB | Ascending Wave 3 or C Scenario - 1D🔍 Technical analysis: Ascending Wave 3 or C Scenario - Reverse Head and Shoulders pattern and bullish channel
- It is moving in an ascending channel in the daily time frame.
- According to the analysis presented in the previous post , after the inability to break the supply area, the range of 530 to 545 faced correction, which after the correction in the Liquidity Area, it faced demand. After that, it entered an upward rally and then From the failure of the supply zone (545-53) and pullback, it entered the upward continuation phase.
- As can be seen, after the correction in the Liquidity Area, a head and shoulders pattern has also been formed.
- It is currently in the supply area.
Therefore, in case of selling pressure, it can face the demand again by correcting in the bottom area of the channel, and after the failure of the supply area and pulling back to it, it can continue its growth until the next supply area, which is also the ceiling of the ascending channel.
💎 In addition, if he can break the supply zone that is the range of the previous hundred fibo wave (the ceiling of the channel), he can continue his growth by pulling back to it until the next supply zone.
⚠️ Note: In addition, it should be noted that this upward wave should not enter the Liquidity Area, touching the number 470.9 will invalidate the upward scenario. ⚠️
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BINANCE:BNBUSDT
LW Lamb Weston Holdings Options Ahead of EarningsIf you haven`t sold LW before the previous earnings:
Now analyzing the options chain and the chart patterns of LW Lamb Weston Holdings prior to the earnings report this week,
I would consider purchasing the 65usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $5.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.