BTC Analysis of Next stepHello Traders!
Welcome back to another trade with Analyst Aadil1000x.
This Analysis is only about the next few steps of BTCusdt.
Currently, we can see a small flag pattern. It is formed below the expanding triangle which means it will use the expanding triangle as a pattern to reverse the market but it will drop again from the resistive trendline. It can drop to 22648 and we can see a small rise exactly from there.
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Trianglepattren
SOLANA 30$ CONFIRMED Recently, we've been seeing a lot of bull move on solana. From $9 - $13 and it is presently trading at $25. According to my analysis using key Fibonacci levels of 0, 0.23, 0.618 and 1.0. Solana has consolidated from this levels. Initially Solana was to experience strong price consolidation at 19$ level but the bull rally was much more stronger which eventually made Solana drop extensively from 25$ to 20$ level by mitigating the previous $19 level and 0.618 Fibonacci. This has made more confirmation after Solana pull back up and broke the 25$ level recently and having proper consolidation as expected. So now we are targeting 30$ at this moment at 1.618 Fibonacci level.
I'm buying Solana at this present $25 level. Let me see what you suggest from the comment below 🙂
SNX: Buy the dipHello Traders!
Welcome back to another trade with Analyst Aadil1000x.
Today we are going to set a buy limit in SNX at the key reversal area.
SNX Buy Limit @ 2.569
Stoploss 2.521(-1.87%)
Target 1, 2.643(+2.88%)
Final Target 2.755(+7.24%)
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BITCOIN long term movement on triangle pattern 📖💡Hello 🐋
Based on the chart, the price is close to the parallel channel support area and in triangle pattern,
if
the price doesn't break the support zone to the downside and form the ascending channel, we will see more gain, at least to our upper trend line 🚀
otherwise
we can see more correction to lower support level before hitting the upper resistance area ❌🧨
if
the price complete the breakout of the parallel channel to upside, even we can expect more gain and ATH 💡🚀🚀
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
A1000x Deep Analysis: BTCHello Traders!
Welcome back to another trade with analyst Aadil1000x.
Today we can see a small triangle pattern after a channel breakout. This small triangle will work as a bullish booster but before that, it will give a tricky move that will show the traders that it's a clear bearish breakout but in reality, this breakout will pump the BTC.
In the Next step, the market will show minor retracement after breaking the previous high. Later it will pump to break the resistive trendline of the channel and after breaking it the bullish strength will be over and then the market will form a clear reversal pattern that will take it down all the way to break 20K.
There is confusion that the market will later pump from Support/resistance or A1000x True reversal point. We will figure it out before the market reaches there.
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NIFTYHello & welcome to this analysis
In the monthly time frame a comparison between the period which happened between 2018 - 2020 and the current one from June 2022 till now suggests a lot of similarity in path.
In the current scenario its taking support at the lower end of the channel and consolidating. if 17300 is held then it could resume its uptrend for the upper end of the channel.
Do note this is a monthly time frame outlook and not for short term derivative swing / breakout trading.
Best wishes on your investing/trading.
Trends and Triangles; The outlook of 2023So this is a longer video, as I discuss more than just the current market, but where I foresee price action heading into at least the first half of the year, and why. I apologize for the painful observance of me trying to switch around on time charts, I'm still getting used to TradingView at times and so it is certainly my issue of being unfamiliar and learning while recording.
My current trade is a short at 4013, and I had believed that the CPI data would spike us up, I didn't really see the spike on that data. Another trader mentioned that perhaps the weekly surge was a prespike on the CPI data we already had, and I can certainly agree with this sentiment. Once I was sure we were failing to get new highs, I went short.
My reasoning for going short, as stated in the video, is that our last 4hr (and 3hr and 6hr) uptrends are all lower highs and are downtrending. We've violated these lower highs for some time now, and I believe price is going to correct itself to pick up at least the 4hr downtrend now. That 4hr downtrend will likely, without some sort of spike reversal, hit around 3900. When it does hit, it will be a lower low based on the previous downtrend at 3980ish. I'll then be looking to see if the 6hr trend will also correct itself at that point.
The trends for today are as follows;
Last Macro Trend Signal Spots
30m - 3970 Downtrend (1/12/2023) Higher Lows
1Hr - 3970 Downtrend (1/12/2023) Higher Lows
2Hr - 3948 Uptrend (1/11/2023) Higher High
3Hr - 3877 Uptrend (12/29/2022) Lower High
4Hr - 3877 Uptrend (12/29/2022) Lower High
6Hr - 3913 Uptrend (1/6/2023) Lower High
12Hr - 3993 Uptrend (1/11/2023) Lower High
Daily - 3810 Downtrend (12/28/2022) Lower Low
Weekly - 4366 Downtrend (2/14/2022) Higher Low
So, now for the longer analysis. As I'm sure we've all done, we see the downtrend of the top of price action of 2022. We attempted to break that downtrend at around 4000 here and again failed (so far, and it appears we are headed south if this price action continues into the open). I believe this rally was mostly based on people who decided that they think that by year end we will be higher, and so they bought back into the market, and don't plan to trade again until the end of the year when they hope there is a moderate return on investment like normal with the S&P (and there most likely will be).
Most strong trend lines are broken within the 20-25% range of their whole. So for the downtrend in price of 2022, we started at 4800 and ended at 3600, all momentary peaks and plummets aside (I switch the line graphs to remove such clutter). The difference of the peak and base there is 1200, 25% of 1200 is 300, so therefore it is likely we can't break this downtrend in price action until we hit against it at 3900 or below. All that to be said, better luck next time Bulls.
On a more Economic Data analysis level, even with cooling inflation, we failed to make new highs. I believe fundamentally this is because at some point, the conversation is coming away from, "Zoinks, inflation and FOMC Rate Levels are driving the market!!!" to "Flustering forecasts, are we going to have a recession?!" Basically, markets have not prepared, priced in, and completely braced, for the pain that the rate hikes and slowing economy is going to have on valuations of stock prices.
Now, I am not 100% in the camp that we will make new lows. I saw a trendline that developed over a decade that went from resistance to support and hit around 3530-3550 early last year, and called for us to bounce off that price action. Well, we saw that rally occur, and it occurred off bad inflation data when there was no reason for the market to rally otherwise. Therefore, I won't see us finding new lows until we break, and hold (as in for about 3 days or more), below that line.
So in the mean time, I expect price action to range from around 3600-4000 (and the higher range is dropping as this downtrend price action continues to descend).
Hope you found the longer video and longer transcript here helpful.
My current sentiment is;
Shorter Term - Bearish
Short Term - Bearish
Medium Term - Bearish
Long Term - Bearish/Neutral
TSLA - Triple Bottom then Flat Top TriangleTSLA has had a long down trend from macro factors including China , a recession as well as a unique
situation tying it to Twitter and Musk liquidating large blocks of stock.
From the technical side of things a recent triple bottom has evolved to a flat top triangle pattern.
Both of these are bullish suggesting a reversal is real. The setup is for a breakout above
the flat top ( black line drawn on the chart) I will add TSLA back to the waitlist and watch
it also with a small position in leverged TSLL. Once it is above the breakout level of 124.75
call options with 2 weeks expiration strike of 130 will be entertained.
💡 Don't miss the great Buy opportunity in USOIL (WTI)Hello every one
It seems that we are forming a triangle pattern for the oil chart. Due to the strict policies of OPEC, we should see an increase in the price of oil up to 87 dollars.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
❤️Please, support this idea with a like and comment!❤️
Next Daily Chart Candle Will Decide the XRP TrendChart Pattern: Descending Triangle
The descending triangle is constructed with a flat support line and a downward-sloping resistance line and It usually gives us a STRONG BEARISH SIGNAL...!!!
e can see the beautiful descending triangle on the Daily chart time frame. The descending triangle is constructed with a flat support line and a downward-sloping resistance line and It usually gives us a STRONG BEARISH SIGNAL...!!! but we should wait for the next candle to break the support or resistance line and decide its trend.
RSI at all major time frames also indicates that the market has strong potential for fall, so I'm 90% sure that the upcoming trend will be bearish but again it is good to wait for a break out/down.
PARAGMILK : Stock AnalysisPARAGMILK declining
Weekly: its declining since many weeks and making LH LL pattern
Daily : Tried to go up but after forming double top its rejected and now trading near resistance zone. its trading in triangle pattern.
Hourly : Formed mother candle and now trading inside it. whenever break UP/Down side its good to enter trade.
Our daily zone is near 88-92 and can go till 126-130 if able to break up side. So best R:R.
Study at your end this is just my personal view and it can be wrong 100%
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L"
A Divergence Signal!The MACD and RSI indicate a divergence signal due to buyer interest in the stock. Without volume support the trend.
The candlestick has yet to indicate any significant price movement toward the next price resistance which is the MA13 line.
Let's save KAB in WL and watch out when the MA10 line cross-up the MA13 line or the price closed above the MA13 line.
R 0.420
S 0.375
POLISUSD 'D' - Being Squeezed, Break Up or Down?There's not much time left in 2022 now, and there's an equally short amount of time left in this POLIS squeeze.
Historically the price has been higher but does that actually mean the price would break upward and revert to these higher prices? Or are we looking at a downward push to the recent lows? Crypto Tipster v2 has given us a good Short signal based on a combination of nearly 20 different technical analysis indicators working simultaneously. Time will tell..
BTC retest and continue drop downBTC in weekly TF clearly made descending triangle (bearsih pattern), finaly break support and retest support become resistance (flip SR).
In 4 H and D1, clearly made bearsig flag pattern. try to retest
My POV, maybe false break in weekly TF (cancel triangle pattern) and if want take short position look at minor TF (entry after finish retest in 4 H)
Ps: BTC somehow can avoid pattern and make false break, if want take risk can take long with tight SL
LTCUSD Potential for a 25% ShortWith a descending triangle closing up on Litecoin, a Short signal produced from Crypto Tipster v2, and a current price trading slightly higher than the nearest support, it's looking likely there could be a potential drop coming for LTCUSD.
The nearest support being around 25% lower than the current price this could a great opportunity to grab yourself some easy gains. We'd probably set our stop just above the current downward trend line to ensure minial losses if the price did move against us.
2 SCENARIOS ON EURSEKHello guys! Here we have 2 possible scenarios on EURSEK, but as trading si all about reacting correctly not predicting, we should firstly wait for a break in any direction, and only after that we can be looking for an entry at the retest. What do you think? I would consider a long position based on the other technical indicators, such as oscillators and moving averages. OANDA:EURSEK