Good morning, Ladies and Gentleman ! Ethereum is showing a classic bullish setup 📈: the Cup & Handle pattern on the weekly timeframe. Here's the breakdown: 1️⃣ Cup Minimum: Around $1,000, forming a solid base after 2022 lows. 2️⃣ Handle Minimum: Consolidation zone around $2,000 in September 2024, providing a strong support level. IMPORTANT 💡 If we see a strong...
Ethereum has printed a Rising Star candle on the daily chart, signaling a potential recharge for the next bull run! 📈 ✅ Healthy Correction: ETH retraced to $3,000 over the past 2 days, cooling off the rally and resetting momentum. ✅ Bullish Signal: The Rising Star candle confirms renewed buying interest and bullish sentiment. 🔑 Key Level to Watch: If ETH breaks...
Dogecoin BINANCE:DOGEUSDT is showing signs of a potential repeating cycle that could lead to explosive growth in the coming months. 📈 Historical Patterns: In previous bull runs, CRYPTOCAP:DOGE has shown parabolic moves following periods of consolidation. Looking back at its 2020-2021 cycle, Dogecoin skyrocketed by more than 20x + 20x in two steps within...
ALGO Algorand is a fast, secure, and decentralized blockchain network based on a pure proof-of-stake protocol. It’s known for its speed, scalability, and energy efficiency. Algorand is also carbon-negative and plans to introduce dynamic round times, incentivized consensus, a peer-to-peer gossip network, and native Python support in 2024. It’s a promising...
BITSTAMP:BTCUSD is forming is forming a clear pennant on 4h chart. A breakout over 63000 will confirm and extend the bull run. If this happen, that's likely to occur, it will drag al alt coins for a new gain, from 2 to 10X. The crypto spring is re-started, Stay tuned ;-) Thanks for reading and constructive...
Dear traders. In the H4 timeframe a possible H&S pattern is forming. In addition, in daily chart, a shooting star is formed and Sterling buyers seem to be quiet after the little bouncing of the Deutsche Bank. Let's wait for the new touch of the support to see the new direction of the GBPUSD. ----------- Not financial advice. thanks for comments. Keep doing...
Dear traders, as expected in ,y previous idea XRP has been compressed under the bearish trendline for various weeks. Now it time for breakout. I'd expect a first break followed by a sudden pullback and then continuation to the upside. ----------- Your comments and likes are very welcome! ;-) Not financial advice. Do always your own research.
EURUSD bounced at its main support and BULLISH ENGULFING is printed at daily chart and a breakout of the trendline occurred in 4 hours chart. I see a continuation of the upside for a while up to 1.07 --------------------------- Not financial advice. Do our research and Thanks for your comments.
As a bullish hammer is printed in daily and weekly chart together, I guess that the XRPUSD rebirth could restart now in case it will break the first bearish trendline around 0.41 . If it will succeed, the next stop will be at: 0.52 - 2nd resistance 1.32 - 3rd resistance 1.88 - 4th resistance Otherwise, the bearish trend will keep going to touch the...
After a small pullback, the technical analysis suggests EURUSD downtrend is consolidating id the daily closure will be below 1.66. Then, I'm expecting reaching a first TP at 1.635 and a sencond TP around 1.55 . Let's see what happen! Set always your stop losses between 2% and 5% max per trade. ---- Not financial advice.
Dear community, looking at the main trendline range in the logarithmic scale, it seems that the bearish pause is almost at its end. Still the more safety BUY ZONE is close but not reached yet. My suggestion is to be VERY PATIENT before getting in the market again. I'm personally waiting for a BIG buy catalyst like a clear BULLISH PINBAR and a confirmation...
Dear traders, just wanted to share a fractal of the US500 index that seems to feels the GRAVITY due to the global economical instability. A MEGAPHONE pattern seems to repeat, however this could occur only if a little bounce doesn't succeeds. stay tuned! Thanks! ------------- not financial advice!
Dear traders, Thanks to Elon, DOGE bounced on the forming bullish flag . A continuation to the upper bound is likely to occur, although the general situation of BTC and ALTS are still quite bearish. An aggressive trader could enter now and take profit at the upper bound. Alternatively a more prudential trader would wait for a breakout. In case this will not...
Dear Traders, it looks quite clear that a falling wedge is forming on H4 over the support around 1000$. If the same candle will be printed on today daily timeframe the up trend is likely to restart. I would personally tempt a short term trade with SL just below the candle at 940$ and a first TP around 1134 thanks for your...
Dear Traders, The new Omicron COVID-19 mutation doesn't seem to worry that much. By the technical point of view is correlates with a strong reversal confirmed with nice HAMMER on daily chart, at least for a couple of weeks from now. Therefore, I just wanted to share with you some an easy long setups that can be taken. Thanks for your reading, please share...
Dear traders, after 27 weeks of decrease in a quiet mode and long accumulation, a possible huge movement after a breakout of the triangle is likely to occur. In this case the ETCUSD price could reach 300% of gain around 220$. In caso of a contrary break a damping down to 20$ can also happen. Let's wait and take your position. I'm personally...
Hello everybody, in the 4h and daily chart XRP is now testing a close resistance on the descending trendline, in case of a break and volume confirmation, I see the short term profit around 1.6 and then a small correction could occur. After that, if the upside restart it will confirm the continuation of the new big bullish wave up to 3 and 10 $ around the autumn...
Dear traders, BTC is very close to cross the bearish trendline, if this happen next targets 42k and 52k . On the contrary, if bears take over again it will retest the 30k support and then own to 20k. I'm personally more bullish because most of the traders have already taken 40% of profits since the ATH around 60k was touched. thanks for your observations...