Bitcoin - Very bullish, Ethereum will +50% in a week!Bitcoin is currently very bullish, as the price broke the 60-day long range. Bitcoin hit an all-time high yesterday, which confirms the breakout of the range. We can expect 122k to be hit in the near future, but let's take a look at Ethereum, because this is a very good indicator, not only for bitcoin but for altcoins in general.
Ethereum is forming a huge inverse head-and-shoulders pattern. Don't be surprised if ETH starts pumping like crazy; this is probably your last chance to buy it cheap! You can wake up in the morning and see a huge green dildo on the ETHUSDT chart, so you really don't want to miss it. Personally, I would prefer ETH over BTC in the next few days or weeks.
Back to Bitcoin. What we can see on the chart is my Elliott wave count. We are in the final wave (5) of a major impulse wave. It's time to set up your sell orders and prepare for a significant bear market in 2025/2026. I recommend selling Bitcoin around 120k, while moonboys expect 300k or 500k. I stay grounded, I don't think Bitcoin will go exponentially.
Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
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Mastering Bearish Patterns: Trade Like a ProMastering Bearish Patterns: Trade Like a Pro
Bearish patterns are critical tools for traders aiming to anticipate potential downward price movements in financial markets. Here's a complete explanation of some key bearish patterns:
1. Descending Triangle
Definition:
The descending triangle is a bearish continuation pattern that forms when the price makes lower highs while maintaining a horizontal support level. This indicates that sellers are gaining strength, and buyers are struggling to maintain the price.
Key Features:
Lower highs form a descending trendline.
A flat support line at the bottom.
Typically breaks downward when support is breached.
How to Trade:
Enter a short trade when the price breaks below the horizontal support with significant volume.
Place a stop-loss above the most recent lower high.
Target the height of the triangle projected downward from the breakout point.
2. Head & Shoulders Pattern
Definition:
This classic reversal pattern signals a shift from an uptrend to a downtrend. It consists of three peaks: a higher central peak (head) flanked by two lower peaks (shoulders) and a neckline acting as support.
Key Features:
Left shoulder, head, and right shoulder.
Neckline connects the lows of the shoulders and head.
A break below the neckline confirms the pattern.
How to Trade:
Enter a short trade when the price breaks below the neckline.
Place a stop-loss above the right shoulder.
Measure the height from the head to the neckline and project it downward for the profit target.
3. Bearish Flag Pattern
Definition:
The bearish flag is a continuation pattern that occurs after a strong downward move. The "flag" represents a period of consolidation, and the breakout typically continues in the direction of the prior trend.
Key Features:
A steep downward move (flagpole).
A parallel, upward-sloping consolidation channel (flag).
Breaks downward from the flag.
How to Trade:
Enter a short trade when the price breaks below the flag’s lower boundary.
Place a stop-loss above the flag’s upper boundary.
Target the length of the flagpole projected downward.
4. Symmetrical Triangle
Definition:
A symmetrical triangle forms when the price consolidates with lower highs and higher lows, creating a triangle shape. Though this pattern can break in either direction, it often signals a continuation of the prior trend, making it bearish in a downtrend.
Key Features:
Converging trendlines.
Price oscillates within the triangle.
Breaks in the direction of the prevailing trend.
How to Trade:
Enter a short trade when the price breaks below the lower trendline.
Place a stop-loss above the upper trendline.
Target the height of the triangle projected downward.
5. Double Top Pattern
Definition:
The double top is a bearish reversal pattern that forms after an uptrend. It features two peaks at roughly the same level, separated by a trough.
Key Features:
Two similar highs.
A neckline at the trough level.
A break below the neckline confirms the pattern.
How to Trade:
Enter a short trade when the price breaks below the neckline.
Place a stop-loss above the second peak.
Measure the height between the peaks and the neckline and project it downward for the target.
6. Up Channel Pattern
Definition:
An up channel, also known as a rising channel, is a bearish reversal pattern when it forms in a larger downtrend. The price moves within two upward-sloping parallel trendlines before breaking downward.
Key Features:
Parallel upward trendlines.
Lower lows and higher highs within the channel.
Breaks below the lower trendline.
How to Trade:
Enter a short trade when the price breaks below the lower boundary of the channel.
Place a stop-loss above the upper boundary.
Target the height of the channel projected downward.
7. Triple Top Pattern
Definition:
This bearish reversal pattern forms after an uptrend and consists of three peaks at roughly the same level, indicating that buyers are unable to push the price higher.
Key Features:
Three similar highs.
A neckline at the lowest trough between the peaks.
Breaks below the neckline to confirm.
How to Trade:
Enter a short trade when the price breaks below the neckline.
Place a stop-loss above the highest peak.
Measure the height from the peaks to the neckline and project it downward for the target.
8. Bearish Rectangle Pattern
Definition:
A bearish rectangle is a continuation pattern where the price consolidates between two horizontal levels before breaking downward.
Key Features:
Horizontal support and resistance lines.
Price oscillates within the rectangle.
Breaks below the support line.
How to Trade:
Enter a short trade when the price breaks below the support line with volume.
Place a stop-loss above the resistance line.
Target the height of the rectangle projected downward.
9. Inverted Cup & Handle Pattern
Definition:
This bearish reversal pattern resembles an upside-down cup with a handle. The "cup" forms a rounded top, and the "handle" represents a consolidation phase before the breakdown.
Key Features:
Rounded top (cup).
Slight upward-sloping consolidation (handle).
Breaks downward from the handle.
How to Trade:
Enter a short trade when the price breaks below the handle’s lower boundary.
Place a stop-loss above the handle.
Measure the height of the cup and project it downward for the target.
By mastering these bearish patterns, traders can anticipate price movements and execute informed trades with confidence. Practice identifying these patterns on charts and combine them with other technical tools for optimal results.
BITCOIN We are nowhere near the Top!Bitcoin (BTCUSD) on the 1M time-frame is as straightforward as it can get. The message is clear: We are nowhere near the Top yet.
The LMACD flashes its Cycle Top signal when it tests the Lower Highs trend-line. If this happens to be above the Pi Cycle's Top (red trend-line), then we have a complete Sell Signal for the Cycle. This is expected to take place towards the end of this year.
Similarly, the bottom takes place below the Pi Cycle's Bottom (green trend-line) and is confirmed by a LMACD Bullish Cross. Those indicators are the Blueprint to BTC's Cycles.
Do you agree with this? Feel free to let us know in the comments section below!
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GOLD ROUTE MAP UPDATEHey Everyone,
Once again our update form yesterday playing out, as stated.
We completed 2717, 2737 and 2753 with cross and lock confirmation giving us plenty of time to get in for the action all week. 2768 was open yesterday but we stated that we will not chase this now, as a correction is due and we will use our lower Goldturn for support instead inline with our plans to buy dips.
- This played out perfectly, as the gap remained open and we got the correction into the lower Goldturn 2737 for the perfect bounce and reaction with price now heading back up like we analysed.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2717 - DONE
EMA5 CROSS AND LOCK ABOVE 2717 WILL OPEN THE FOLLOWING BULLISH TARGET
2737 - DONE
EMA5 CROSS AND LOCK ABOVE 2737 WILL OPEN THE FOLLOWING BULLISH TARGET
2753 - DONE
EMA5 CROSS AND LOCK ABOVE 2753 WILL OPEN THE FOLLOWING BULLISH TARGET
2768
EMA5 CROSS AND LOCK ABOVE 2768 WILL OPEN THE FOLLOWING BULLISH TARGET
2786
BEARISH TARGETS
2696 - DONE
EMA5 CROSS AND LOCK BELOW 2696 WILL OPEN THE FOLLOWING BEARISH TARGET
2675
EMA5 CROSS AND LOCK BELOW 2675 WILL OPEN THE RETRACEMENT RANGE
RETRACEMENT RANGE
2661 - 2647
EMA5 CROSS AND LOCK BELOW 2647 WILL OPEN THE SWING RANGE
SWING RANGE
2632 - 2618
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
EUR/USD : Possible Fall Ahead? (READ THE CAPTION)By analyzing the #EURUSD chart on the 3-day timeframe, we can see that the price finally hit the 1.044 target, delivering a 250-pip return. Currently, EUR/USD is trading around the 1.041 level. If a strong rejection occurs at this zone, we can anticipate a potential drop toward 1.035 as the first target and 1.025 as the second target. This analysis will be updated accordingly!
The Main Analysis :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
HelenP. I Bitcoin can correct to support level and start to growHi folks today I'm prepared for you Bitcoin analytics. In this chart, the price declined to the trend line and then rebounded and started to grow inside the pennant, where it soon reached the support level. After this movement, the price broke this level, which coincided with the support zone and made a retest, after which continued to move up to the resistance level, which coincided with the resistance zone. Then BTC made the small correction, after which in a short time, it rose to the resistance zone and then made a correction movement to the 99500 support level. Next, the price made a strong impulse up to 109560 points (NEW ATH), breaking the resistance level, but soon turned around and dropped back to the trend line. Price some time traded near the trend line and then rose to the resistance zone, after which turned around and started to decline. In a short time, BTC fell to the trend line, broke it, thereby exiting from the pennant pattern also, and then continued to fall. At the moment, the price continues to decline and I expect that BTCUSDT will decline to the support level and then start to grow to the resistance level. For this level, I set my goal at 105800 level. If you like my analytics you may support me with your like/comment ❤️
You are being blinded by your own false hopeXRP will go up in 2025 because its in a triangle and back in 2017 it was also in triangle. It will go to 30% of total crypto cap. Is this how simple your brain is, everyone? You care not to learn form history?
The XRP of 2024 has NO LOADING ZONES for what is required for the gigantic 1000x move. Open your eyes. CRYPTOCAP:DOGE , CRYPTOCAP:SHIB , $XYO, CRYPTOCAP:HBAR all have them. XRP today does NOT. Your want and hope is what will kill you.
An Educational Journey into Technical Analysis with Dogecoin/USDIn this tutorial, we'll dive deep into the art of technical analysis using the Dogecoin USD chart as our canvas. You'll discover how to blend Fibonacci tools, Elliott Wave Theory, and the Wyckoff Method to forecast potential market movements. Whether you're new to trading or looking to refine your analytical skills, this guide will provide you with practical insights into identifying entry and exit points, understanding market phases, and preparing for future trends. Let's embark on this educational journey together to enhance your trading strategy toolkit.
When in doubt, Zoom Out!
Below I was looking at Arguments for a Significant Short Position Before the Continuation of the Bullish Trend and the Pursuit of New All-Time Highs
Elliott Waves: From the bear market bottom at 4.5 cents, we started wave 1 and concluded with wave 5 at the current top. Following five waves, we expect an ABC correction. Waves A and B have been completed, and we are now in wave C.
Fibonacci 1: Trend-Based Fibonacci Extension - From the all-time high (ATH) to the recent bear market bottom, then to the current 48-cent top. The 0.382 Fibonacci level suggests a target of 0.2130 for the upcoming drop, which I believe is necessary for liquidity ahead of the next upward movement.
Fibonacci 2: Regular Fibonacci Retracement - From the bottom of wave 4 to the top of wave 5, the 0.618 level is at 0.235 cents. I've marked a green box between these two targets.
See in the image below how Backtesting this strategy on the two previous cycles shows that before breaking ATHs, Dogecoin always hit this 0.382 Fib level!
I use these 2 Fibonacci targets to place the green box between them and where I expect price to go in the newxt couple of weeks.
Additional Observation: The green line below the 0.618 Fib retracement and above the 0.382 trend-based Fibonacci extension also marks a retest of the wave 3 high at 0.23 cents.
Now that we've examined the macro perspective, let's Zoom In to the current action:
Wyckoff Schematic: Check my previously published idea on Bitcoin, linked here, where Bitcoin is in a Wyckoff Distribution Schematic #1. Dogecoin seems to follow with Wyckoff Distribution Schematic #2. I've added vertical lines for phase separation, a red resistance box, and a green support box.
Link to Richard D. Wyckoff, his Method and Story www.wyckoffanalytics.com .
ABC Pattern: Wave A from top to bottom is exactly 0.222 cents or -45.81%, suggesting wave C should be of similar magnitude. Wave B measures 0.1724 cents and 65.65% to the upside. Using an arrow tool, the 0.222 cent drop points exactly to the 0.382 Fibonacci target from the trend-based extension we did in the macro analysis, now highlighted in yellow. Link to chart.
Zooming in on the 4-hour Chart: I've drawn another Fibonacci retracement just for wave B, colored in turquoise blue. Notably, the 1.272 Fibonacci extension aligns with our macro 0.382 Fibonacci target, now colored yellow for clarity.
Speculations for Future Moves:
Fibonacci Circle and bottom timing prediction: Drawn from A to B, this circle in orange might help us predict when we hit the green box target at the bottom. Considering that the A drop measures exactly 12 days and 4Hours I have added another vertical line now marking a timeframe of 5 days from Thursday 30 January to Monday 3 February 2025 This is speculative but worth watching. It includes also a weekend so a CME gap before weekend plus filling the week after could also be in play.
Wyckoff Phases: According to earlier discussions, we're moving through phases A to E. I've added a vertical line where the Fib circle crosses our 1.272 and 0.382 Fib levels, suggesting we'll enter phase E on January 23, 2025, potentially concluding by February 2, 2025.
Predictive Arrows: Blue arrows indicate possible future price movements based on current patterns.
After hitting our target, I'll analyze again and publish a new idea with plans for breaking the ATH and targets for the anticipated bull market.
Enough for now, as it's getting late. Give me a follow, share if you liked this analysis, and stay tuned for updates.
Hellena | EUR/USD (4H): LONG to the resistance area of 1.05862.Dear Colleagues, after the last upward movement it became clear that the wave “5” of the senior order is already completed and it means that we should expect the continuation of the correction “abc”.
At the moment I expect a corrective movement in wave “b” to the 50% Fibonacci area (1.03180), then an upward movement to the resistance area of 1.05862.
It is possible that the price will continue the upward movement, renewing the wave “a”.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
TRUMP Analysis - What Shall we Expect !!!TRUMPUSDT is forming a Triangle on 1h timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = $59 If triangle not broke from down!! Stay tuned for more updates, thanks.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Will Bitcoin hit 150 000 USD in March 2025?🔸Hello guys, today let's review daily price chart for BTC. Previously coming from a strong uptrend and recently overshot 100 000 USD key S/R zone.
🔸Currently price is re-accumulating in range since December 2024, expecting several more weeks of range bound price action before a new strong push.
🔸Expanding triangle formation defined by A/B/C/D/E sequence, mostly complete already, point E pending near 84/86 000 usd.
🔸Check out my other recent idea where I outline primary bullish/bearish catalyst for the BTC price in 2025
🔸Bullish and Bearish Catalysts for Bitcoin in 2025 Overview
🔸Recommended strategy bulls: BUY/HOLD low at/near 84/86K in the re-accumulation range in pullback/consolidation. TP bulls is 150 000 USD in March 2025. good luck traders!
🎁Please hit the like button and
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
$SPY January 23, 2025AMEX:SPY January 23, 2025
15 Minutes
The consecutive gap ups cannot sustain.
A pull back is required around 598-602 levels over the next 3 trading days for the moving average to converge.
I will have a contra setup to short 607-607 levels for 602 levels for the moment.
Usually in 15 minutes chart a difference over 15$ between 200 and 9.21 average results in sideways or a pull back.
Spy Road To $615 Its hereIts Here! If You having been following me, we are about to hit our target this week before 1/24/25 , a lot of my followers are going to make a lot of money this week following my Spy & Stock predictions! When we hit our price target this week, I will Update Accordingly to cautiously evaluate our market conditions Bear / Bull / Blow Off Top. But in the meantime you must have exposure to stocks that can with stand a Bull or Bear Market Moving Forward Content Out Now, on what to do!
As Always Safe Trades JoeWtrades
GOLD → The bulls are fighting for 2750. ATH is close!FX:XAUUSD is in a bull run phase due to rising risks. The price is testing new highs and trying to consolidate above key resistance. Trump's speech is ahead and high volatility should be expected.
Gold price is consolidating in the bullish zone after breaking through the three-top resistance. Traders are analyzing the impact of President Trump's tariff policies, which have caused uncertainty in the markets and weakened demand for the dollar and bonds. Meanwhile, support for gold prices is provided by optimism from China's measures to stimulate stock markets.
Investors' attention is focused on US economic data, including weekly jobless claims and Friday's PMI from S&P Global, which could affect expectations for a Fed rate cut. Weak statistics will reinforce forecasts of two rate cuts this year, which supports interest in gold.
Technically, the focus is on 2750. If bulls hold their defenses above this zone, gold could head towards ATH.
Resistance levels: 2750, 2762
Support levels: 0.5 fibo, 2732
Bullish trend, high risks, politics. Lots of reasons that support the metal. But, today is Trump's speech, and this man knows how to make noise in the market. High volatility is possible. But, in general, gold looks as if it is ready to go up, perhaps it can even renew ATH
Regards R. Linda!
Bitcoin is Ready to Pump againDonald Trump , the President of the United States , is set to deliver a speech today, January 23, 2025, at 4:00 PM GMT . The crypto community is eagerly watching to see if Trump will address cryptocurrencies, particularly Bitcoin, during his remarks. While any mention of crypto could have a significant impact on the market, a lack of commentary on the subject might leave crypto enthusiasts disappointed, especially those hoping for it to be a focal point in his agenda.
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As I expected in the previous post , Bitcoin ( BINANCE:BTCUSDT ) has declined to near the Support zone($100,600-$99,530) .
Bitcoin is moving near the Resistance zone($103,400-$102,320) and Resistance lines .
I expect Bitcoin to rise to at least $105,000 after breaking the Resistance lines and Resistance zone($103,400-$102,320) .
Cumulative Long liquidation Leverage: $100,807-$98,472
Note: If Bitcoin goes below 50_SMA(Daily), we can expect more falls.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Netflix Crushes It Again as Shares Near $1,000. Where Rivals At?The smash-hit nail-biting Korean drama Squid Game, French mystery thriller Lupin or VR-infused 3 Body Problem. These are all Netflix Original titles that take us out of the ordinary and into a whirlwind of sensations and visual and emotional excess.
Only that we can have those sensations IRL thanks to the hype train called Netflix stock NFLX — the streaming pioneer schleps us on wild gyrations across the chart — sometimes super scary but sometimes unbelievably good. This time it was the latter.
“I can’t hear you over the sounds of ♫ RING-A-RING-A-RING ♫ blasting out of the speakers of more than 68 million viewers” — Netflix to its competition, probably, as it reported a bombastic quarter with a record number of subscribers.
The very-fabulous, bumper three months to December picked up 19 million paid users (how many of these were day trading while binging?) as Squid Gain Game dialed up more than 68 million views in its first week. The other big hit, Jake Paul vs Mike Tyson boxing live, whipped up 65 million streams.
It was also the perfect quarter to end the practice of reporting subscriber growth. Starting with the current three months to March, the streaming platform won’t be announcing how many new users are onboarded as it shifts the focus to traditional financial metrics like revenue growth and profits.
The shares soared as much as 15% in after-hours activity following the earnings report. They opened for regular trading on Wednesday and hit an all-time session high of $999 a piece. On the way, Netflix crossed a $400 billion valuation.
Here’s a quick rundown of the numbers for the fourth quarter:
Earnings per share: $4.27 vs. $4.20 expected
Revenue: $10.25 billion vs. $10.11 billion expected
Total paid memberships: 301.63 million vs. 290.9 million expected
It was the tech titan’s seventh consecutive quarter of rising profits, up 27% from the year-ago period. Looking ahead, Netflix plans to spend $18 billion on new content in 2025 while revenue is expected to be between $43.5 billion and $44.5 billion, up 14% from last year. Operating margin is projected to hit 29%.
Besides ads, one other thing is supposed to help Netflix get to its lofty guidance — price hikes. The streaming platform will be asking for more cash in the US, Canada, Portugal and Argentina. Here’s what’s changing in the US:
Ad-tier $6.99 > $7.99/mo.
Standard $15.49 > $17.99/mo.
Premium $22.99 > $24.99/mo.
“We’re fortunate that we don’t have distractions like managing declining linear networks and, with our focus and continued investment, we have good and improving product/market fit around the world,” the company said in its earnings report Tuesday.
“We enter 2025 with strong momentum, coming off a year with record net (subscriber) additions and having re-accelerated growth,” it added.
Where’s the competition at? Let’s look at Disney DIS , the closest rival. Disney expects to spend about $24 billion on new content in 2025, up from $23.4 billion. Yet it has about half the subscribers of Netflix — around 154 million.
Other prominent contenders in the streaming war are not even close — Apple AAPL and Amazon AMZN . Apple doesn’t disclose Apple TV+ subscribers and Amazon doesn’t disclose Prime subscribers.
Third-party estimates point to about 50 million to 75 million Apple TV+ users. Amazon Prime, which is tied to the ecommerce platform’s delivery service, has about 200 million customers.
But let’s give it to them — Apple and Amazon have got a bunch of diversified revenue streams, while Netflix has stuck to its OG mission of being a streaming platform.
In any case, this streaming war is not over, so it's worth keeping an eye on company updates and reports in the earnings calendar . (Hint: Disney earnings arrive February 5.)
Where do you think the streaming wars are headed in 2025? Share your thoughts on Netflix, Disney, and the rest in the comments!
1 Month Left: 2025 Bull-Market BoomGood evening my fellow supporter, it is my pleasure to write again for you in this now moment, today... How are you doing my friend in the law?
Bitcoin is about to boom;
The Cryptocurrency market is about to boom.
We are about to enter the biggest boom in the history of Crypto;
The Altcoins market is about to boom —We have only 1 month left.
We have only one month left and when this month is over, there is no going back. The world is changing now, the change will be ongoing and once installed there is no uninstall. This is an eternal upgrade. This is the continuation of the evolution of finance. This is the upgrade money has been waiting for for the past 6,000 years.
Money said, "I want something better than Gold!"
And the technological geniuses created Bitcoin and the Altcoins.
Money said, "Well done!"
In one month the market will be full green—mark my words.
The action is very likely to start before the one month ends. The one month time horizon is more relevant for the bigger projects, the biggest projects; life is great.
Are you ready for 20-40X?
We will have everything.
We will have 2X, 5X, 10X, 20X, 40X, 100X and beyond.
What you choose is up to you.
How you do will depend on the amount of energy and effort.
The market is offering now endless opportunities and these opportunities are here to stay.
Yes! The bull-market has its cycle and it won't last forever but this doesn't mean the end of the game.
Bitcoin will continue to grow and evolve.
The Altcoins will continue to shine and improve, moving up.
You will continue to do great; I will continue to share amazing, unique, original content and trades.
Your support is highly appreciated.
I am wishing you a wonderful day.
Namaste.
BNB What will happen in the future?Currently, BNB is forming an ascending triangle, indicating a potential price increase. It is anticipated that the price could rise, aligning with the projected price movement (AB=CD).
However, it is crucial to wait for the triangle to break before taking any action.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
DeGRAM | EURJPY fixed over the channelEURJPY is above the descending channel between the trend lines.
The price is moving from the dynamic support and has already consolidated above the descending channel.
The chart retains the harmonic pattern and is now testing the 62% retracement level.
We expect the growth to continue after consolidation above the resistance level.
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Share your opinion in the comments, and support the idea with a like. Thanks for your support!
Be careful with bitcoin !!!Once again, The price action could drop to $96k and then return to its peak. It will take some time to recover from the damage that these sh*t meme coins have done to the crypto market.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
We wanted a deeper pull back to be honest but only managed that 2745 level before the push up. Since then we've only managed scalps on the red boxes with an Excalibur target active but volume thinning out over the last few hours.
We have drawn a box with the potential range, key level support at 2740 and resistance 2785-90, ideally wanting this to break above the red box and confirm it wants to go higher. This range here however is playing the 20/10 range so until then we can't make any further moves.
Our ideal entry level was 2750 which some took and are now protected, otherwise support 2750 if broken look for 2740 and a potential tap and bounce.
KOG’s bias of the week:
Bullish above 2680-5 with targets above 2720✅, 2730✅, 2735 and above that 2745✅
Bearish on break of 2780 with targets below 2670 and below that 2766
RED BOX TRADERS:
Break above 2704 for 2710✅, 2716✅, 2735✅ and 2733✅ in extension of the move
Break below 2695 for 2788, 2682, 2680 and 2665 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
ETHEREUM trapped between MAs but preparing a massive surge.Ethereum (ETHUSD) has been trading since the start of the year within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). Despite this technical 'trap', there are two bullish patterns that outweigh this range and those are primarily the Channel Up since the July 18 2022 market bottom and in the last 10 months an Inverse Head and Shoulders (IH&S) pattern.
The latter is in the process of forming the Right Shoulder and as long as the 1D MA200 holds, it should complete it within 6 weeks maximum. On top of that, we have a recently formed 1D Golden Cross and in terms of 1W RSI, we are on similar grounds as January 2024.
On all cases, a strong rally followed in the form of the Channel's Bullish Leg. Assuming it follows the technical target of the IH&S, we are expecting a peak on the 2.0 Fibonacci extension at $7400.
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