It could be a trap lol but so far, there's a BTC weekly bullish divergence that give me more confidence in going long specially after I see XRP having trouble to break down the channel. You can even see a bit of my scalping trade in lower timeframes but to catch the big move you've got to wait a breakout then a re-test to confirm before entering the trade up!...
We can see there's a triangle pattern here but still we've got no clear direction with strong momentum where this could potentially go! So we have 2 scenarios. Whichever plays out, I'm still expecting a strong move up hopefully! But could take a couple waves down or a strong down move into market structure before we see the shift in trend.
Here we have 2 possible scenarios! I see Cardano trying to break out from the triangle pattern however it needs to be a big breakout and we don't see that yet except for 15min TF. Still not enough of a confirmation, breakout then re-test of trendline before kicking off. I think it would go up that much but good enough for a small scalp trade in the lower...
Wait for a re-test on previous consolidation area to confirm the breakout but this is looking pretty awesome so far! $SFP LONG signal right now!
If we see breaking out to 0.17 level we wait for a re-test and enter the move up which I believe could go upto 0.19 after such a huge accumulation phase. Now, if we see a break below 0.16 even further till 0.14 I expect a pullback coming up with a re-test like shown, so here we have 2 set ups we could use according to price action and movement.
Wait for the breakout and re-test before entering! It could be possible but stay alert as it could go downwards! Market is king
For this particular forex pair, I've noticed it broke above supply zone and if price re-tests and continues above then it's most likely to continue a correction from the left liquidity.
According to Daily Timeframe, BTC hit a supply zone which must be break above bullish in order to confirm the 24k target. Otherwise we can expect a retracement. At 21200 we have a fresh demand zone buying pressure is expected at least to push price higher. Ichimoku Cloud Signals: 1D Strong Kumo breakout, however the cloud is not very thick which indicates the...
Let's gooo BTC trying to break out from the consolidation box initiating a probable change in sentiment from bearish to range, to range to BULLISH so fasten your seatbelts we are gonna witness history here! Obviously there are gonna be roadblocks like the massive supply zone and also probable retracement after the breakout so we'll see how price reacts to these...
Multi-timeframe Technical Analysis: D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. H4 Ichimoku Kumo Breakout destroying downtrend structure signaling the start of a potential reversal to the upside which goes along with Daily Timeframe trend and structure. Key Areas Key Support area: ...
Multi-timeframe Technical Analysis: D1 Accumulation Stage Market probably but it bounced off from key uptrend structure within the ranging market. H4 Kumo Breakout destroying downtrend structure signaling the start of a potential reversal to the upside, noticed it got rejected from the upper trendline so more confirmation could be needed depending on...
We've got an awesome breakout from the triangle pattern leading us to an uptrend continuation set up! Take profits at around 0.20 - 0.22 ♥ Happy Trading!
Hey guys, Here's my quick analysis for FTMUSDT for a Daily Timeframe Short Term Spot signal 🔥 1. Daily Timeframe it started to change character from ranging market to uptrend. We can see after the N wave, price started to consolidate and form and Inverse Head and Shoulders Pattern. 2. We've got a breakout from a downwards trendline price has been respecting and...
Here we can clearly see a breakout of the wedge pattern acting up as a downtrend reversal pattern. It got confirmed once it's been broken out upwards so make sure you fill your bags with alt coins because alt season is starting soon! Don't sleep on this, take the train early before it's too late! ♥ Kina ♥
Hey guys! Today, I'd like to share my two ideas to which price might go for. I'll keep it short and sweet! 1. Breakout: This would mean continuation of the trend, this is resistance but can still totally be broken through and explode higher. The Ichimoku Cloud shows strength pointing upwards, usually when it gets flat it means a retracement is imminet and the...
Multi-timeframe Technical Analysis: D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. This happens to be a Demand Zone. H4 Ichimoku Kumo Breakout destroying downtrend structure signaling the start of a potential reversal to the upside. Please proceed with caution as market on weekly chart is ranging mode. ...
Multi-timeframe Technical Analysis: D1 Bounced off strongly from key support level that holds the uptrend within the ranging market. Notice that previous support turned into resistance then came back to act as support again. H4 We can see a clear pierce through the Ichimoku cloud which could potentially signal a reversal and the start of a trend! And...
Hey guys! Today I'm sharing a nice catch that is still early in the green market we're having in crypto! So this is RALLY a beautiful project and now let me share analysis per Ichimoku Cloud: 1D - It broke through Kumo from below to above which is a strong bullish reversal sign, specially in the long term for the Daily Timeframe! So this is really great news! 4h...