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Trend Analysis

COIN - Correction Complete + iH&SHaving had such a strong rally I somewhat lost interest in Coinbase but it does look like a great entry is on in this area to buy a solid trending crypto stock. Coinbase had quite a dump yesterday and so this is potentially a dip buy here. As we have been looking at, the slightly lower low looks very much like Wyckoff accumulation and now with yesterday's dump, a bullish Inverted Head & Shoulders may be completing here. And that slightly lower low would be the Head which completes a 3 wave correction from March top. So it looks a nice momentum buy in this area with not too much downside risk. If Bitcoin slumps again it may get back to support; so from here to support @ $161 is the buy zone. I have bought some here with long term view 👍.
NASDAQ:COINLong
by dRends35
2
NVIDIA Bearish Potential Intact (Let Me Explain!)NVIDIA (NVDA) just produced a double-top and I shall explain why this situation right now is extremely bearish. ➢ First, the session that produced the new ATH closed red and two sessions earlier there was a bearish signal. ➢ Second, trading volume continues to decrease as a new high is hit. ➢ Third, NVDA is trading at resistance, the strongest resistance possible and the strongest resistance ever, the All-Time High. Caution: The people who draw these charts, the section of the market that have enough purchasing power to move it are all professional traders. What we know and what we can see and spot in a chart they know a million times better and they have access to data that we do not have. This type of chart setup can be exploited by professional traders. While they know a crash is imminent because of price dynamics, fundamentals and market conditions, they can still work to push prices higher in order to produce one final fake-out before the major drop. Think of Binance Coin around June 2024, something like this. Regardless of these market moves, the short-term or other unexpected scenarios, the market is set to crash in the coming weeks or months. This is warning for the clueless ones. We sell at resistance (high prices) and buy at support (low prices). Thank you for reading. Namaste.
NASDAQ:NVDAShort
by AlanSantana
29
BITCOIN Will Go Higher From Support! Buy! Please, check our technical outlook for BITCOIN. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 70,210. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 74,252 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDLong
by SignalProvider
2
Xrp - This Triangle Wil Double Your Money!Xrp ( BITSTAMP:XRPUSD ) is retesting a major confluence of support: Click chart above to see the detailed analysis👆🏻 For a couple of years now, Xrp has been trading in a bullish symmetrical triangle pattern. As we are speaking, Xrp is retesting the lower support trendline and also a horizontal support level. It is quite likely, that we will eventually see a breakout above both triangle patterns on Xrp. Levels to watch: $0.5, $0.6, $1.0 Keep your long term vision, Philip (BasicTrading)
BITSTAMP:XRPUSDLong
by basictradingtv
6
cats in a dogs world: A Bonk & Floki Inu Repeat?I mentioned recently that the memecoin section of the market can suffer strongly in the upcoming bearish impulse but this is only because of how much these Altcoins grew. This is based on the charts we looked at for Bonk and Floki Inu, which you can find below for your convenience: ✴️ Floki Inu Major Drop Now Imminent: Prepare For The Crash! ✴️ Bonk Catastrophe... Level 1 (50%), Level 2 (85%) & Level 3 (95%) Also Pepe is bearish and Shiba Inu as well. Looking at MEWUSDT (cats in a dogs wold), what you see on the chart is a rising wedge that broke bearish, literally, it has been decided already. The price peak happened 25-October but the volume peak happened 7-June, so we have a bearish divergence between the growing price and decreasing volume. Previous drops lasted between 1-2 months and we can expect something similar this time around. The main support levels are marked orange on the chart. Thank you for reading. Namaste.
Short
by AlanSantana
1
STILL DOUBTS? THE BTC GUIDE The tour of the guides continues, and with it, the skeptics. I am here, active and present: you’ll find ALL MY CONTACTS at the end of the article or in my profile bio. Don’t worry, I’m not going anywhere! Now, let me get a few things off my chest: I don’t need to prove anything, my work speaks for itself, supported by HONESTY AND CONSISTENCY. That said, enough chit-chat—let’s get straight to the ANALYSIS . 📊 This time, we’re focusing on a MEDIUM TO LONG-TERM ANALYSIS ; don’t worry, daily analyses will follow, but first, it’s essential to outline a **GUIDELINE**, a light to show us the direction. 🧭✨ What is the current situation for BTC? Technical analysis suggests that the best strategy is to aim for an upward trend, and that’s what we’ll do. However, there are key points to consider: aiming for an upward move is good, but entering at the best price is essential. 📈💡 On Tuesday, 29/10/2024, Bitcoin attempted to establish a new ALL-TIME HIGH but failed. Does this mean a reversal? ABSOLUTELY NOT . The trend remains bullish; it is simply retracing downward to clear out retail traders positioned for the uptrend. Exactly, to push upward, the market must first liquidate the bulls, go short to gain strength, and then resume the upward path. It’s that dynamic many call manipulation—a term that’s overused and often misapplied. 🔄⚖️ Currently, as I write, the 24-hour chart has closed below the bullish resistance at 71300, confirming a possible decline. The price is now close to the first bullish liquidity zone , an excellent rotation point, located between 69750 and 68315. In this same area, we also find our trusty Fibonacci , with an upward projection, extending from 60635 to 67405 . This represents, on the 24-hour chart, the best entry point for a potential reversal, thanks to the combination of deep retracement and liquidity. 📉📊 But that’s not all. To confirm a continued decline, we need a break on the 24-hour chart of the bullish support, with a full candle close below 69150 . This would indicate a possible continuation of the downward move. ⚠️🕹️ And if the price continues to fall? No problem—we’re prepared. Your friend PipGuard has already considered everything. We find a fundamental monthly support at 64540 , immediately followed by the weekly upward Fibonacci extending to 62585 , starting right from the aforementioned monthly support. 🛡️📈 In summary: the trend is BULLISH , got it? BTC will go up, but for now, it’s time for a RETRACEMENT . This study will be published as bullish, not neutral, because we’re not in a sideways or bearish phase—it’s just a retracement. I encourage you to read through everything carefully and understand the key points. 🔄📝 Remember, I’m always available: you can find my contact details at the end of the article or in my TradingView profile bio. If you appreciate my return, my work, and my analyses, I kindly ask for your support. Wishing you a good day/evening, depending on when you read this, and most importantly, HAPPY TRADING. We’ll catch up soon! 🚀📈 PipGuard.
COINBASE:BTCUSDLong
by PipGuard
3
Enhanced Parallel Channel Tool with Fib Levels - AVAX Example AVAX on the Rise with TradingView’s Enhanced Parallel Channel Tool 🎯🚀💹 Hey fellow traders! Today, I'm diving with excitement into AVAX and how TradingView's new Parallel Channel tool levels up my (our) analysis. TradingView continues to prove why it's the #1 platform for traders, with new features that keep us ahead of the game! For me personally this extra steps, updates and tools are Very important as they help me do better with analysis and trading. AVAX Example: Right now, AVAX is showing promising action within an ascending parallel channel, with strong support around $24.32 and a secondary layer at $22.97. This channel setup, now enhanced with additional levels on TradingView, is giving us a clearer picture of potential price movements. By activating these extra levels, we get a deeper, more nuanced view of the trend—ideal for pinpointing resistance and support points with precision. The new option to add my favorite Fib 0,618 level is AMAZING! To enable these new levels on your chart: Open the Parallel Channel settings. Go to the Style tab. Check the boxes to activate more levels, allowing you to customize coefficients, colors, thickness, and line styles. With this upgraded tool, I will be targeting $31.79 as the next key resistance level for AVAX. If bullish momentum holds, we could see a push up to the $40 mark at the top of the channel. It’s a promising setup, and I'll be entering this trade with excitement! FXPROFESSOR 202: Personally i have added 0.618 level (on both sides) and you can see how well the chart works. Keep in mind that for this structure (parallel channel) the 0.50 level remains the Key Level on drawing the channel: There is no valid channel unless the middle level does not have a confirmation acting as S/R/S or R/S/R. A massive shoutout to the TradingView team for continually refining these tools, setting industry standards, and empowering us to perform better analysis. This is why TradingView remains the best choice for serious traders everywhere. I am proud to be part of this community, right here and always. One Love, The FXPROFESSOR 💙 Explore TradingView’s Latest Channel Tool Update: www.tradingview.com
Education
by FX_Professor
1
Doomsday Coming for $TIASummary: The LSE:TIA market is on the brink of a significant downturn as market makers and exchanges prepare to hunt shorters before the impending selling pressure becomes unmanageable. With a lack of regulations, the environment is ripe for manipulation, and the sharks are circling, ready to capitalize on the blood in the water. --- Key Points: 1. Current Market Dynamics: - The circulating supply of LSE:TIA is 218.41 million, with a staggering 80.85% (175 million) of that supply set to unlock soon. This is a critical moment for traders, as the potential for inflation is imminent. 2. Pending Undelegation: - An additional 17.5% (37.6 million) is pending undelegation. Keep in mind that unbonding takes 21 days , and many savvy traders are looking to front-run the unlock, which could exacerbate the selling pressure. - For detailed undelegation statistics, refer to the analysis on smartstake. 3. Misleading Information: - There is a lot of misinformation circulating, with some traders claiming that the upcoming unlock is bullish. This is clearly not the case. - WARNING: Do not listen to those who are promoting this narrative! Many of them may be affiliated with market makers or large LSE:TIA stakeholders who are hoping to offload their assets before a potential crash. 4. Upcoming Unlocks: - There are many significant unlocks but here are three of them on the horizon, with millions of dollars worth of LSE:TIA expected to be sold just before the cliff unlock. - For verification, check smartstake. --- Conclusion: The situation surrounding LSE:TIA is precarious, and traders should be cautious. The combination of significant unlocks, pending undelegation, and the potential for market manipulation suggests that a downturn is imminent. Stay informed and make decisions based on solid analysis rather than hype. **Disclaimer:** This is not financial advice. Always do your own research before making investment decisions.
Short
by znakosaur
34
Lingrid | CADJPY Potential SHORT from SWAP zoneThe price perfectly fulfilled my last idea. It hit the target. FX:CADJPY has tested the 110.600 resistance zone three times but ultimately bounced off this level after forming a range zone. Given the significant bearish daily candle, I believe the market may head lower. The recent price action has also seen the price break and close below the upward trendline that had been holding for over a week. The formation of lower lows indicates a shift in market structure. If the market rejects the swap zone, we can expect a downward move towards the channel's lower boundary. My target is support zone around 108.75 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
3
Important Levels Defined on the 4H ChartWhat you see in this chart is 2 resistance levels that are acting as support now. For this bull run to continue price needs to hold above the blue support level. It is also possible for the price to pull back to the red support level, but I would say it is improbable given the two 4H candle printed on the newly established blue support level. This chart also is showing you how previous support levels have morphed into support levels. As long as price stays above the blue support level I would lean toward bullish continuation. Breaking below red support would shake me out and scare me a little. In conclusion, watch out for these levels.
by Se7enSkies
1
Is the top of Bitcoin's major cycle coming? !Let's talk about BTC! After Bitcoin (BTC) finally broke key resistance after 228 days, there is an opportunity to achieve a new all-time high (ATH), which I estimate could reach between $86,000 and $91,000. The current structure of BTC indicates that we are in an ending diagonal, suggesting that we are approaching the end of the current bullish trend, which has lasted for 708 days and is expected to continue for another 70-90 days. Fibonacci Targets fpr major top! Assuming we are indeed in the final wave, Fibonacci targets between − 0.236 and − 0.382 (based on waves 2 to 3) may come into play, unless this wave becomes extended. Given the current structure, these levels appear achievable within the ongoing cycle. Expected Correction and reversal trend After reaching these targets, I anticipate a significant decline, with a final target between $30,000 and $40,000. My main target is the golden pocket(0.618 fib), but BTC often extends to the.786 fib level ($30,000), further supporting the possibility of larger corrections. Reasons for Trend End Ending Diagonal: BTC is currently in an ending diagonal formation, which typically signifies the end of the prevailing trend. Divergence: There is a substantial bearish divergence forming on both the daily and weekly timeframes, which is almost impossible to invalidate. This divergence serves as a critical indicator of weakening momentum in the current bullish trend. Conclusion In light of current developments, BTC appears to be nearing a key peak, and the outlook for growth remains positive. However, traders should remain cautious and monitor key resistance and support levels, considering potential corrections that may follow after reaching these important Fibonacci targets.
Short
by peuypaju
1