Pond hidden bullish divergence. Upwards continuation.Historic bounce off of RSI oversold support line. Hidden BULLISH divergence on MACD to confirm upward trend continuation. Price respecting the upward trendline dating back to JULY. Price fulfilled long term Fibonacci 'ABC' pattern, waiting on price to reach target 'D' (0.22494) - our first take profit. Price also completed a short term Fibonacci sequence, 'ABC', first short term Fibonacci target 'D' (0.21911) aligns nicely with long term Fibonacci target.
Have patience, don't get greedy and not take profits when price reaches our targets :)
Have a nice day.
Targets
USD/CAD - 22/09/2021(H4) - We can see USD/CAD finally broke out of that range after breaking 1.27086 resistance. Had a really nice drive from this move and no we can see price has printed the higher high. Higher low has also been printed and now we are expecting the new higher high to be formed. Targets will be 1.28567 and will be looking for buys only unless price action suggest otherwise later on.
(M15) - Can clearly see price presenting bearish structure here on the M15. LL & LH's being formed and now forming a double top at 1.27973 If we do start to sell off I will be looking for break of 1.27883 for entry with breakeven targets for 1.27789 and TP targets at 1.27489
BTCUSD - Bitcoin short-term recovery and correction 20210910The BTC market is indecisive. If it recovers the short-term price recovery may be around $46,400. However, if it fails to defend the support of around $46400 it may correct to $40200.
Both the recovery target and the correction target have support and in consideration the data from the volume profile , recovery target in the 1h chart and correction target in the 1d chart.
Long Visa - a pullback created a buying opportunityHealthy pullbacks in companies like Visa are fairly hard to come by. Wave trend points toward oversold. 200sma nearby for support, but historically cant always hold up so I've adjusted my stop accordingly. This is a long term idea for me, maybe selling 40 percent at the target and letting the rest ride. Not financial advice
NASDAQ MAY MAKE A HISTORICAL RESISTANCENasdaq is in a very strong upward trend and has built a new historic resistance.
If the price become supported on trend line and can not be broken, there is a possibility of going up to a higher goal and building another new resistance.
But if the trend line breaks, we will have a fall to the desired target.
DOGE-USD possible targets (Update)This is an update from a previous post👇 because we seem to be gaining support above 30 cents again.
I do not own the rights to meme image above.
Let's see and always remember ⏬⏬
🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Thank you so much!!!!
Jazerbay
⭐
LONG DGB/USDTThe market took a slight dump and currently bouncing back.
I am buying some DGB/USDT for possible trades.
10% to 20% jump expected.
Entry level: $0.06138 to $0.06281
Stop Loss: $0.05436
Targets:
$0.06541
$0.06947
$0.07315
Use minimum 5x leverage and set your SL.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
Bitcoin BearishAs what was expected in my last idea we went up from 30k to exactly hit my last target and now i think nothing is changed that means we are going down 30K again
at 30K lvl we have 2 choices :
1- we will have anogther xxz correction to end the wave 4 before going deeper to 20K lvls and it must be a triangle because we can not have 2kind of same correction in one wave i can not exactly say where the xx wave will end and the triangle will starts but i think it will be the 36k lvl or the 30k it depends on the price action at these levels
2- we do finished the wave 4 as my last Idea and now we are going down to around 20K to finish the wave A from the Main ABC corection we can decide when we see the price action at that lvls but it seems that we still need the xxz correctopn because untill now we did not see enough bearsh power
please see my last idea to understand what i mean
BTC Possible directionBTC USDT: Update,
The ascending triangle formed inside of the big rising wedge
A rising wedge is bearish, the ascending triangle is bullish, which one will be stronger?
Now it looks like we broke down from this big rising wedge, but the lower support line of this triangle still holds...
Breaking support of triangle would also be bearish, so we would have double confirmation of reversal to downside coming.
We talking about chances here, but we should always have in mind that BTC knows to ignore this and to do something totally opposite...
LONG LOOM/BTCLoom is looking exceptionally bullish. Consider accumulating it slowly.
Expecting 50% profit from LOOM.
Accumulation level: 197 sats to 207 sats.
Note: You can accumulate below the accumulation level as well if the price falls.
Stop Loss: 183 sats.
Target 1: 239 sats.
Target 2: 267 sats.
Target 3: 294 sats.
Loom has great potential to grow so start filling your bag with LOOM.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade.
Do like, and comment below. Every single like and comment is counted.
ETH - Falling into Support - Analysis / Strategy ETH continues to trade inside its bearish trend setting lower lows/highs. As ETH prepares to enter the support zone short-term buying potential increases.
Analysis:
Per the conditions of a bear trend, we can fully expect ETH to continue to trade lower and lower. However, utilizing indicators and knowledge of previous support zones we see that ETH is burning a lot of "Strength" as it heads toward the 1500-1700 support zone. This suggests a potential bounce within the trend and potentially beyond.
Strategy:
I will look for buy setups when ETH is in two positions. A. inside the support zone and B. near the bottom end of the trend.
Best of luck, Like/Follow for more.
EURUSD Strong Resistance zones are ahead once again After previous successful long that we had, now price is hitting our resistance zones and targets on the previous chart :
so we are looking for opening some short positions in best place available now :
The first resistance zone that is strong once too is now 0.5% and 0.61% of the Fibonacci and the second one is the daily local resistance zone
that both marked on the chart with orange zones.
Targets and supports ahead :
A. 1.1820
B. 1.1780
DISCLAIMER: ((trade based on your own decision ))
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My targets for today NANO | USDT that good ol Zig zagHello!
Yesterday both my targets hit and now I`m (4.8 and 4.35) Now I`m interested in selling it again at 4.81.
I have to go to work today so I`ll let this plan run its course until I get back home in about 7 hours.
Then I will revisit the plan and see what's up.
Thanks for the support y`all
$BTC #Bitcoin Head & ShouldersPossible Pattern Forming on the 2hr time frame. Target of this possible H&S pattern is in the region of $35,000.00 and $34,500.00. Estimated time of the H&S pattern to complete it's formation if it is in fact one is 19.06.2021. This date coincides with my Death Cross which is on the Daily time frame. To have a look at the Death Cross chart please follow the link here:
#Bitcoin Head & Shoulders Possible Pattern Forming Bitcoin-Death-Cross-Countdown to follow the actual live Death Cross with estimated time of crossing.
For the H&S to become invalidated the price must reach the previous high or above the Head of the H&S. If this plays out then I will be opening a trade in the direction of the pattern which is a bearish pattern on confirmation of the breakout to the down side.
BTCUSD - Weekly OutlookBitcoin closed a couple of weeks ago above 33000 and since which has not looked back at that area and continues to look upward. The next bullish weekly target is in the region of 44500 and possibly up to our projected Elliot Wave d Fibonacci levels between 47000 and 48000. Should price break down from its current upward trend we could see a retest of the 33000 area and lower. Please see BTC Monthly Outlook for reference.