OKX:TONUSDT shows quite positive dynamics both from the fundamental side and from the technical side. An attempt to end the correction with the purpose of further growth continuation is being formed. A rather interesting setup is forming on D1 indicating the formation of a strong market bottom in the area of 4.8 - 4.6. After the retest of the key liquidity...
Hello. As you can see, Bitcoin failed to break the Ascending triangle in its last attempt, and now it is making a fourth downward wave based on Elliott , and than we have to wait for Bitcoin's rise. 👀To motivate me ,Like ❤️ & Share 🌐 this post with your friends ! Thanks for your support ♥️ ⚠️Things can change... The markets are always changing and even with...
Two bearish patterns within a big structure could signal a big move to the downside. - BTC itself doesn't look too strong as of this post and they are somewhat correlated by algos - Twitter pumpers out in full force as well Price Targets: 14.33 and 10.32 if things get really bad
Taking a look at SPX on the 15, has 2 up gaps to fill and is nearing the top of this Ascending Channel. If it decides to break down, we could see a $100-120 gap down.
Hi Guys. As always im on the look out for Macro opportunities in assets with market structure or patterns that scream "Pay Attention to me". One that stood out to me was ARLO. This analysis is on the 1 week timeframe. Notice the Orange rectangle. This zone is a MAJOR Support/ Resistance zone. When Arlo went Public, we started ABOVE this zone. Then made our...
BINANCE:BTCUSD is not on the rise. Surprisingly to many, the price continues to decline even after the halving. The situation reminds vvot BTC-ETF, when before the growth, MM collected liquidity accumulated at the bottom. The trend is still strong and bullish. The price is in a sideways range and continues to collect liquidity. The range boundaries are 73500...
Bitcoin has finished its corrective pattern (ABC ZigZag) and is ready to go higher. My next target is 70k (69577) because we have a 1:1 FIB extension level at this price. Usually this Fibo level is pretty significant; that's why I am expecting a small crash from it, but after that, we should continue much higher, to the 1.618 FIB extension. Of course, we need more...
Hi guys! So always looking for opportunities in repeating patterns/ macro developments. SNowflake (SNOW) particularly stuck out. This analysis is conducted in the 1 day timeframe. Since June 2022, SNOW has been in a Ascending Channel with consistent Higher low prints. This shows a reoccuring pattern of everytime we've made our way to the bottom of the channel...
FET is in a strong uptrend, that is confirmed. Now the question is, how far can FET go in 2024? I would say a 15x profit is definitely possible. We can see that the price of FET is inside the ascending parallel channel on the weekly chart. Also, the previous impulse wave + corrective pattern are complete. This is huge guys, if you want a reliable investment, then...
First technical analysis. DUSK looks absolutely great! We have a pretty long bullish accumulation of whales, which you can see in the rectangular pattern. Usually, whales need to accumulate a lot of coins / contracts before they send a coin to the moon. What is positive is the Elliott Wave outlook. My EW count suggests that the WXYXZ complex correction has been...
ARPA is looking really good on the major timeframe. We have a breakout of the local small parallel channel and the volume last year was pretty strong. 25x is possible on this coin in 2024. Take profit at the top of the parallel channel or 1:1 FIB extension (LOG). It looks like the pump is starting, so it is time to buy if you are interested in this coin. Let me...
FX:XAUUSD continues to form the phase of correction. The price stops in the zone of 0.236 fibo, but the candlestick setup on D1 is forming multidigit. The struggle between buyers and sellers for 2285 continues. Last week was fundamentally rich, but the market reaction is weak, sellers are actively selling out any buying activity. A pre-breakdown setup is...
The price of Bitcoin is preparing for a final drop to the downside, to 57k per my calculations! The price is still inside this bullish flag formation, and we still need to complete the ABC corrective pattern from the Elliott Wave perspective. At this point, I cannot be bullish at all, just be patient and wait for 57k to be hit before buying BTC! It's also...
USOIL is in strong bullish trend. As the market is consistently printing new HHs and HLs. USOil is currently trading in a strong bullish ascending channel and is now retracing after the last HH, which is also the 0.886 Fib retracement level and local support zone as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
AUDNZD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
An ascending channel pattern has formed on the daily chart of the EUR/USD currency pair. This followed a long period of bearish trend for EUR/USD. The pattern can be used for a downside breakout trade setup. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line....
FX:XAUUSD on the background of dollar correction is strengthening to the resistance of the bearish channel, which was formed on the background of sell-offs. Ahead of strong news, on the background of which the price may reach the liquidity zone before further decline. On the high timeframe, a false breakdown of support is formed, liquidity gathering and after...
OANDA:CADJPY on the background of global weakening of the yen forms a pre-breakdown setup against 112.26. The currency pair is preparing to strengthen. On D1 the general trend is obvious. Buyers are not going to give up and continue to press the strong limit resistance at 112.26, formed by sellers. The trend is bullish and it may continue. Fundamentally, the...