First and foremost allow me to wish everyone here in the TradingView community a Happy New Year and a prosperous 2024!
What a better way to start the year than Bitcoin (BTCUSD) breaking above 45000 mark, a level it last visited on April 06 2022. Every Cycle can be seen trading within a Megaphone pattern with the parabolic rally illustrated by the dotted curves....
It has been a little over 2 months since our last analysis on Polygon (MATICUSD), which eventually hit our 0.7000 target (see chart below) and has now broken above the 1W MA100 (green trend-line) for the first time since March 13 2023:
As you can see on this 1W time-frame, we are about to get a Bullish Cross between the 1W MA50 (blue trend-line) and the 1W...
I see a bullish pennant forming on the 15-30 min chart, which looks like we might be seeing a nice breakout to to the upside.
I could see this going to 0.0325-0.035 zone within a day or two possibly a nice set up
Volume is also very large (almost 1 billion) and the market cap is still under $500 million
leaves me to think that we might see a lot of money...
I told you it was the bottom.
The descending channel has now been violated with a target of 64k. Also, IHnS on the hourly has been confirmed with 60 as a target. There is still a small possibility of a slippage down to 56 after the channel breakout. If that's the case, it is a blessing that I won't miss out.
Not much to say here. We are likely finally out of the...
Here are 2 possible outcomes to what may happen next, we could either see a large pullback where we break this first resistance with a retest then continue to sell off. Or we could hit the resistance & continue on this Uptrend as we move into the Friday morning.
PNTUSDT to see an up shoot to 1.5000. The MACD line confirms the uptrend move, also the RSI also confirms that the sellers are slowly wading off the PNTUSDT market although Volume seems low.
PNT/USDT
Buy below(1.00
Target 1: (1.10)
Target 2: (1.17)
Target 3: (1.27)
Target 4: (1.40)
Target 5: (1.50)
Future FinTech Group Inc., through its subsidiaries, operates a real-name block chain e-commerce platform that integrates block chain and internet technology in People's Republic of China. It operates through CCM Shopping Mall Membership, Sales of Goods, and Others segments. The company offers Chain Cloud Mall (CCM), an enterprise customer interactive and...
Bitcoin touched 58500 and wicked down to 52981, finding support at 54k. Within nearest days we may expect BTC to bounce for re-test of 56k - 57k range. Won't be surprised if that week BTC will wick down to ~47.5 - 50k. If any longs open at higher levels average cost and close on that bounce. Dips are for buying but hold yourself from FOMO and don't touch green...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should...
Greetings traders and investors. With Bitcoin showing remarkable strength these past few weeks, despite having broken above key long-term Resistance levels (see my past studies), I thought it'd be beneficial to look what the new long-term Support can be based on its historic Cycle patterns.
** The 0.786 Fibonacci Monthly Candle Rule **
I've come across...
