At we take a look at the ETH/USDT, we can see that is is trading in a massive broadening wedge pattern. Every time it touched the trendline, it bounced nicely. Will history repeat itself? Another thing to keep in mind is that the area which it touched is also lining up with the golden pocket for extra confluence. This is still a bullish chart until support...
#ALPHA/USDT #Analysis Description --------------------------------------------------------------- + ALPHA is currently forming the saucer pattern that we have seen in BINANCE:LITUSDT + The saucer pattern typically indicates a bullish sentiment, suggesting that once the price surpasses the resistance line, a significant price increase can be anticipated. +...
#ARB/USDT #Analysis Description --------------------------------------------------------------- + ARB has unmistakably formed a symmetric triangle pattern and has broken out from it. + Currently, the price is retracing back to its support level. + I perceive this as a favorable opportunity to enter a long trade with an appropriate stop loss in...
#ALICE/USDT #Analysis Description --------------------------------------------------------------- + Alice is exhibiting a distinct RSI bullish divergence, indicating a forthcoming bullish trend. + As depicted in the chart, the price has experienced a minor surge following the bullish divergence, accompanied by a decisive breakout from the resistance line. + This...
W=Bullish. D=Bearish. 4H=Bullish. Daily broke the higher low to become bearish but 4h shift structure to bullish creating an inverse head & shoulders. 4H recently broke the neckline of the pattern. 1H has a pennant formed. Weekly is also bullish rejecting the 50% fib level. Expecting price to break the pennant and S&D zone and continue to upside for long term...
You can see the start of a bullish trend using the daily fibo retracement ! Need to be monitored and confirmed by a daily closing out of the red area. You can try a symetrical projection until 1.5 usd which which is clearly reasonnable until the first expected correction until the second barrel ! Be carreful and limit your exposure to leverage. It's not a...
Hello,Friends! EUR/USD is trending up which is evident from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a beautiful trend following opportunity for a long trade from the support line below towards the supply level of...
Hey Traders, in today's trading session we are monitoring EURAUD for a buying opportunity around 1.65500 zone, EURAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.65500 support and resistance area. Trade safe, Joe.
In this video I have analyze few important indices. Nifty, BankNifty and Nifty IT. Also, in the end i have mentioned two swing trading stocks. Nifty I find Nifty is bullish. The previous support is still intact. BankNifty I find BankNifty bearish, and can see a fall in BankNifty. One thing to notice is, Nifty and BankNifty are not working is similar way....
Hey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 148.800 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 148.800 support and resistance area. Trade safe, Joe.
📈 Analysis: Company Overview: Gold Fields, a gold producer with reserves across continents, benefits from favorable exchange rates and gold prices. Market Sentiment: Strong institutional accumulation by firms like Invesco Ltd. and Deutsche Bank indicates confidence in the company's prospects. Technical Analysis: Entry opportunity identified above the...
Hello,Friends! We are targeting the 2174.986 level area with our long trade on GOLD which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Hey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 80.80 zone, USOIL is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 80.80 support and resistance area. Trade safe, Joe.
📊 Analysis: Market Observation: ILV continues to show bullish momentum and is within an area of interest. Current Situation: ILV is trading in a favorable zone for adding to a spot position. Strategy: Plan to add to the position on spot within the current range. Entry Point: Consider adding to the trade between the range of $130 to $150. Take Profit: Target...
📊 Analysis: Market Observation: Layer 2 coins, including MATIC, have shown notable performance recently. Current Situation: MATIC is trading near resistance without a proper breakout. Strategy: Plan for a long position upon a breakout above the upper resistance level. Entry Point: Enter a long spot position when the price breaks above the upper resistance level...
Bullish on BICO (Account Abstraction). BICO has formed a cup and handle as well as an inverted head and shoulders, which is very powerful for an uptrend. Moreover, the Ichimoku cloud has been penetrated, and the weekly candle will be the first since the beginning to close above it.
Hey Traders, in today's trading session we are monitoring USDCHF for a buying opportunity around 0.87800 zone, USDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.87800 support and resistance area. Trade safe, Joe.
Cardano, also been one of those tokens that are actually not pumping that hard, also mves like a tortoise, XRP's Brother. Based on the chart, ADA on the Bull run as well, from around 0.6400 we have been bullish, then we hit correction from 0.7525 which has just completed around 0.6827 then our perfect entry was at 0.7000, from there Im still expecting more moves...