STAR
Bitcoin (BTC/USD) - Potential Morning Star Candle Pattern WeeklyBitcoin (BTC/USD) has been in an uptrend for over one year, 2023 to 2024, and is currently testing all-time high prices.
A potential Morning Star candlestick pattern (bearish) is forming on the weekly Bitcoin chart.
Bitcoin price may fall in the short-term leading up to the Halving Event in April 2024.
To continue an Uptrend in 2024: Bitcoin needs to breakout and rally above $75000, $80000, $90000.
If not, a pullback is possible for Bitcoin price, and the price could fall down to $60000, $50000, $40000.
Upcoming USA Stock Market Earnings, FOMC Federal Reserve Interest Rate Cuts, and Global Fundamental Catalysts could also affect Bitcoin and cryptocurrency sector volatility.
Starbucks at crucial support.Starbucks - 30d expiry - We look to Buy at 97.62 (stop at 94.94)
The primary trend remains bullish.
97 continues to hold back the bears.
Bespoke support is located at 97.50. 96.17 has been pivotal.
Offers ample risk/reward to buy at the market.
The daily chart technicals suggests further downside before the uptrend returns.
Our profit targets will be 104.12 and 106.12
Resistance: 99.00 / 101.00 / 102.50
Support: 97.48 / 96.52 / 96.17
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7-star printed a good buy signal After a long time 7-star printed a buy signal for DREP. I was not on desk else I would have surely bring this into attention.
A sweet 60-90%.
Hope we will get more signals in the bull run.
Present situation is oversold and bearish
ALGO the Star 🌟: a Fresh Look pointing at +80% Shwatup doe! Hope you are healthy wealthy and blessed <3
It is a wild and beautiful day in the world of crypto, I hope all of you are experiencing it in joy!
Now here we are looking at ALGO on the daily time frame, zoomed way out so BIG PICTURE ya; and what do we see?!
⭐️
I have been simply drawing trend lines on this chart throughout the past month or so and hadn’t noticed this star pattern forming, that is until this last parabolic upswing that seems to want to connect the 5-point star pattern to its peak point of $0.94 USD ... the 4.236 Fibonacci extension of our recent low of $0.27 that happens to coincide with the trend line of our previous peaks.
Coincidence?
Maybe we should ask the stars... ✨
As I said in my last idea titled ALGO Bullish Trend... , “if .47 is broken, we could see a quick move to the .53 area” Well, here we are bounced off .53 to support at .49 and now back up sitting right under .53 , at .5064 , with .52 looking like it wants to become support for further uptrend. With a breakout over .52 turned support confirmation, this trade comes into play.
If this star pattern plays out, we may see some resistance at $0.68-$0.70
There looks to be STRONG support at $0.42, and strong support at $0.47 and $0.49, with strength and VOLUME building here at the $0.50-$0.52 level
Long open for possible +80% gains from $0.52 to $0.94
These are my ideas and I am simply sharing my ideas with you.
Please assume your own risk and management.
I am not a financial advisor and this is not financial advice.
One Love ❤️
SNM heating up again?We have received a buy signal on SNM after a long time. It's definetely a waiting game for us because last time it did the same thing and exploded massively.
If the sell area is overtaken by good volume then fireworks guaranteed
Stay tuned....
Learn and earn with 7-starthough Idex is bullish and trending. 7-star didn't print a buy signal. Why?
Idex did make some elephant candles but the next candle fell because of huge supply and after few drops it again shot up but our orange line was not stable and also was not below the price.
Our aim is to cut losses and get the maximum gain.
drop a message to know more about 7-star and its release
A small jump in vite but trend is not strongour 7-star buy and sell did detect vite/usdt trend but the trend was weak. Now we have added the special orange line feature which will detect the strength of the trend. if the trend is stable then the orange line will be flat and if it's not unstable then the orange line will jump with the price.
Crypto trading is highly unpredictable. Trade with extreme caution. Please DYOR while placing orders.