Which zone will be touched first: the green support zone or the red resistance zone? The end of the chart can be clearly seen that it is inside the yellow compression pattern and the exit from the top of this pattern can promise good movement and crossing the red zone becomes a growth signal. A good green support zone is also visible and palpable in the chart.
DOT seems to be finalizing it's wave (2) of the alleged main motive wave that was started back in Oct2023. I expect one last dip before the impulsive wave (3) starts. Getting in the green area would be a good buying opportunity in my opinion. The best stoploss would be under Oct2023 bottom but breaking the red line seems like a good close stop-loss. passing the...
I will give you a new XRP idea from the longer time frame zoomed in to the small time frame. This XRP on the 3 monthly timeframe. After a huge rally in 2017 we made a first wave and we started to consolidate, at first we don't know what will happen but when time goes on we create a pattern. In this case we created a huge triangle formation. In my opinion this...
Technical Analysis and Outlook: During this week's trading session, the Eurodollar made a spectacular surge on the upside to our Inner Currency Rally 1.084 and a lot more. Current market conditions suggest that the Eurodollar may continue upward momentum to complete our Inner Currency Rally 1.091 via the newly created Mean Res 1.089. On the downside, the currency...
Solana Analysis 1. Price is in Accumulation area 2. Every Pullback can give a reason to Accumulate 3. BO of Resistance can give decent returns
Looking for a sell opportunity in AC. Reason of sell: 1. M pattern formed in 1H chart. Use proper risk management. Thank you
End of 5th Wave A possible at 78.6 and Time CT 34 week. migth be reversal on next week for B Wave. !!! MACD will go to + Good luck Trader.
SBUX on a daily chart with two sets of VWAP bands anchored to dates back in one year ago and two years ago shows SBUX to be at the same price level as the low pivot of 2022. Price has bounced off the lower most of the VWAP bands and moved up in the past three trading days with higher than usual volume. I believe that short traders are buying to cover and...
I am bullish for the rest of the summer on OIH. Energy prices and demand always rise in the summer. The technicals all look bullish, we've been riding a steady uptrend for about a year now and we are the point of breaking out of the lower value area and moving back up to over 400. Currently price sits at the 618 coefficient on the most recent swing hi-lo...
Short SOL/USDT - Binance Sell Limit: 159$ ~ 162$ Stop-loss: 177.1$ TP1: 127$ TP2: 110$ TP3: 78$ Final target: 55$
ETH ~ 2D #ETH Make a purchase after successfully breaking through the resistance line of this pattern, with a minimum target of 20%+. Watch and wait for this pattern to be successfully broken.
💎 Paradisers, #ENJ is indeed a coin worth monitoring closely. 💎 The chart shows a potential bounce from the support area, followed by a successful breakout of the descending resistance, indicating bullish momentum for ENJ. ENJ may undergo a retesting phase before continuing its upward movement towards our target area. 💎 However, if ENJ fails to bounce during...
Woodside Energy is Down -21% from the last POI. But Double Bottom is Seen. A good Dividend Payer Also. One to always have a 3% portion in your bottom drawer as a consistent dividend income earner. However, also getting in at the right price is difficult, and this could be an opportunity with the Double Bottom seen. I am Nibbling. As always, please get a few...
Memecoin (MEME) is the native ecosystem token of Memeland. Memeland is the web3 venture studio by 9GAG, the globally popular meme platform.
Notcoin ( GETTEX:NOT ) users have donated $6.8m worth of Notcoin ( GETTEX:NOT ) to Telegram founder Pavel Durov following a recent airdrop. Over half a million users from the play-to-earn blockchain game donated 1.03 billion tokens worth $6.8 million to Durov's personal wallet address. In response, Durov promised to hold the tokens until a $680 million price...
📉 Bearish Reversal Setup on USD Pair: Trade Idea and Analysis 📉 Overview: This analysis focuses on a potential bearish reversal pattern for a USD currency pair on the shorter timeframe. ⏳ Recent price action suggests a downward movement, and this trade idea aims to capitalize on that potential. 📉 🔍 Analysis Details: 1. Current Price Action: - The price is...
We've taken the both the buyside and the sellside of the range so let's see where the market wants to go from here. Taken a short scalp from 39929 before we ran the highs, trapped the bulls and went for the HTF sellside. Entry 39929 TP 39915 SL 39937 Noted the FVG gap (red box) so watch how we react from here for the end of the trading session Don't...
📉 BTC-USDT with Elliot Wave Theory Analysis 📈 I've been advocating for Elliot Wave patterns this cycle since I spotted similar fractals across crypto charts. I've been following fractals on SOL, DOGE and BTC - and they have all been extremely reliable thus far. As I've discussed in previous posts, BTC normally stops at a -30% correction. That will put us HERE...