BTC/USDT showing a prominent bearish double top pattern(M)BINANCE:BTCUSDT.P The 12-hour chart is showing a prominent bearish double top pattern(M), and a break below the trend line is likely to lead to a drop in the $41,000 to $40,500 range. Currently the price is above the trendline and we will see what happens in the future!✨
Trend
BIGTIME/USDT LONG Setup!BINANCE:BIGTIMEUSDT.P Observing the chart, it is evident that BIGTIME has undergone a distinct breakout on the 4-hour chart trendline, signaling a strong bullish momentum. This breakout aligns well with the overall bullish sentiment in the market, adding further support to the optimistic outlook for BIGTIME. Anticipating the continuation of this bullish trend, we can set our sights on achieving the targets set for our LONG trades.
#BIGTIME/USDT LONG
Entries: $8.062
Take profit 1: $0.6723
Take profit 2: $0.7347
Take profit 3: $0.8086
Stop Loss: $0.5455
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:)
Thanks
The sroced.
GAS/USDT The confirmation of a breakout for a long trade!BINANCE:GASUSDT.P The breakout from resistance in the GAS chart is evident, signaling a favorable moment to enter a long trade.
#GAS/USDT LONG SCALP
Entries: $7.196
Take profit 1: $7.308
Take profit 2: $7.518
Take profit 3: $7.918
Stop Loss: $6.543
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:)
Thanks
The sroced.
RUNE/USDT The breakout for a long trade in has been confirmed!The chart clearly indicates that RUNE has broken out of its resistance. Now is an opportune moment to initiate a long trade.
#POLYX/USDT LONG SCALP 🍀
Leverage: 3x
Entries: $5.940
Take profit 1: $6.291
Take profit 2: $6.850
Take profit 3: $7.205
Stop Loss: $5.353
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:)
Thanks
The sroced. BINANCE:RUNEUSDT.P
Binance Coin(BNB): Reached Major Resistance! BNB is currently exhibiting critical price action as it tests a major resistance zone around $260. This level has previously acted as a strong barrier; a decisive breakout above could signal further bullish momentum. However, the price has faced multiple rejections at this level, so let's see.
We have two possible scenarios here:
1) Breakout with a nice re-test, which would confirm this zone to be backed by bulls, and then we will see a nice movement to further upper zones.
2) The price will fail to seize that resistance, leading it to close the daily candle below it and potentially continuing that weakness further down.
ALMOST READY FOR GBPUSD LIFTOFF!We just saw clean bullish momentum for this pair! Such A BIG JUICY... BULL CANDLE and continuation after the FOMC! We have also aligned bullish on the daily, 4H, 1H timeframes.
Now looking for trend continuation to take a long trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bullish trend change on 15min and ATTACK!
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
WTI Oil index trend analysisFor the WTI index, we see a strong support of $65-68. Due to the positive divergence with the power oscillator at this floor, it can have a growth up to $76 and then have a correction up to the $70 band. According to the February period, it can grow to the level of 80-82 dollars and will move towards 89 dollars in a higher time period.
RNDRing a Bullish Impulse 🏹Hello TradingView Family / Fellow Traders,
📈 RNDR has maintained an overall bullish trend , trading above the red trendline that serves as a non-horizontal support. Currently, it is undergoing a correction phase and is approaching the trendline once again.
Moreover, the zone between 3.8 and 4.0 is a robust support level.
🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the intersection of the blue support and the red trendline.
📚 As per my trading style:
As RNDR approaches the red circle zone, I will be actively searching for bullish reversal setups to capture the next bullish impulse movement.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
USDCAD - Wait For The Rejection 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 USDCAD has been overall bullish trading inside the ascending triangle in red, and it is currently approaching around the lower bound / trendline.
Moreover, the zone 1.33 - 1.34 is a strong support.
🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the blue support and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As USDCAD is sitting around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Gold (XAUUSD) Update Next Week 18-22 Dec23 The market seems poised for a period of consolidation, suggesting a sideways movement before a potential directional shift. During this phase, support is anticipated around 2010 - 2007, and a retracement could lead to a brief upside towards the resistance at 2028 - 2030. The market currently aligns with a green chart pattern, showing a possible resistance followed by a descent to 2000 - 1995 for Target 1, and further down to Target 2 at 1975 - 1960.
Other side, If market successfully breach its resistance levels of 2030 - 2033, as indicated in the buying zone, an upward trajectory is likely possible. This could result in reaching the Target 2050 - 2060, with a subsequent move towards 2090. Monitoring the market closely is crucial to identifying whether it will adhere to the consolidation phase or exhibit a breakout in either direction.
Waiting for a JUICY short on EURCAD...YUMMY!We saw huge bearish momentum for this pair on Thursday and Friday.
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement and price coming into the fair value gap- then we look for a bearish trend change on 15min and ATTACK!
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
Sell Limit GJThe market has completely broken below the 1 Hour Keylevel and this 1 Hour Keylevel is in line with the 61.8% Fibonacci Level.
The trend has already been confirmed on 4H timeframes with a bearish Trendline and lower high points being respected on the 1H timeframe
This is the reason for my sell limit.
Anticipating a bearish engulfing, pin bar to signal the market to push down.