SPELLUSDT is currently exhibiting a large inverse head and shoulders formation, with the price presently forming the right shoulder. This pattern is typically a bullish reversal indicator, suggesting potential upward movement. Our focus should be on the accumulation zone, which presents a promising buying opportunity. The key price targets are indicated on the...
The rise and fall of GameStop's stock in 2021 became a landmark event in financial history, captured in the recent film "Dumb Money." This saga, fueled by unprecedented social media buzz and retail investor sentiment, culminated in a historic short squeeze and raised critical questions about market access and regulatory oversight. The Spark: A Sentiment-Driven...
also by the rules of the pattern, this is as low as it can go, but the breaks out never really go the full way it's just the maximum it can drop as per the pattern. but these patterns always play out you just have to watch the retest on the back side for invalidation. Also when they finish the break out the bounce back is big and fast and comes back past the...
FX:XAUUSD reduces volatility and shrinks into a narrow range before the news. US GDP did not play any role and traders are waiting for the general fundamental background. Locally, the downtrend. The trend is downtrending, but on yesterday's news the price is trying to break the channel resistance, forming a consolidation of the price above the line. But if...
Trading Setup: A Trading Signal is seen in the NOTUSDT NotcoinCommunity Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.0107 ⭕️SL @ 0.0092 🔵TP1 @ 0.016 🔵TP2 @ 0.021 🔵TP3 @ 0.029 previous idea What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands ...
BNB has been making some extraordinary moves last cycle, where it bottomed around $4.5 and made it to $700 during the next top. Looking at the chart, we can clearly see that BNB follows a bullish channel pattern. My assumption is that this channel will hold and that BNB will make a move towards the top of the channel. $10,000 is possible, it's a "mere" +5,000%...
hello guys... let's analyze pepe... I think pepe is bullish and it will touch the $0.000041 area! but why? 1- the price is forming a rising 3 drives pattern. 2- a predicted ascending channel. 3- an internal trendline formed. so I believe the price will react to the blue area and then will touch the bottom line of the channel to go the target area...
Floki had a nice cool-off, and it could be ready to bounce back harder! If you're looking to trade FLOKI at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.000268$ and take profits at the levels shown in the chart. Targets: 1. 0.000279$ 2. 0.0002315$ 3. 0.00034$ 4. 0.0004$...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to falling channel, where it reached resistance line and then bounced down to support line. Price broke $63000 support level, which coincided with support area, but soon BTC made upward impulse. Thereby price broke support level again and...
As we wrap up the past week, EUR/USD has shown stable trading with a slight retracement. However, this minor dip is not expected to affect its long-term upward trend. By closely observing the 1D chart, it's evident that EUR/USD has reached the 0.618 Fibonacci retracement level and found support there, with the EMA 34 and 89 converging at this support level. This...
On the daily timeframe, BTCUSDT is forming a large ascending triangle pattern. There is strong resistance at the current all-time high (ATH) levels. We can expect multiple retests in this supply zone. If BTC consolidates within this range and positive sentiment persists, we may see a breakout to the $84,000-$85,000 levels. The trendline will act as interim...
Upon analyzing the XAU/USD chart in the 2-hour timeframe, we observe that the price declined from $2370 to $2325! Subsequently, gold rebounded with demand and is currently trading in the range of $2340. It’s possible that after an upward movement, we might witness further decline in gold prices. Keep an eye on the price reaction in the range of $2350 to $2360!...
Hey everyone! XRP is currently at a fantastic buying level, presenting a once-in-a-lifetime opportunity. Don’t overthink it—just dive in and buy! This cryptocurrency is set to soar over 500% in the upcoming bull run. Get ready to ride the wave! 🚀
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About NOT (Update) The Bullish Pennant Formation On 1H Timeframe☑️ In Case Of Successful Breakout Expecting Massive Bullish Wave✍️
BINANCE:ETHUSD breaks the resistance of consolidation pattern amid the news related to the approval of ETH-ETF. The reaction was premature, on rumors, and now the market is consolidating. Many wondered why there was not a strong surge and rally after the news. Reason: The rise from 3100 to 3850, almost 24% in a few hours, which followed due to the rumors about...
Hello everyone, what are your thoughts on the trend of GBP/USD? From the analysis charts, it's clear that this currency pair still has upward momentum, moving steadily along the trendline. The higher highs and higher lows continue to support this momentum. I anticipate that the price will climb above the 1.285 level (the upper trendline limit). What about you?...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 BTC has been overall bullish, trading within the rising channel in blue. Currently, BTC is undergoing a correction phase and it is currently approaching the lower bound of the channel. Moreover, it is retesting a structure and trendline in red. 🏹 Thus, the highlighted...
From the daily chart, after the US market experienced a wash-out trend on Friday, the direction and space of gold have been opened, showing an obvious weak and volatile trend. A triple top was formed near 2360. Multiple pressures from above may suppress gold bulls again. At present, there is a great possibility of a sharp decline. The support below will first...