FETUSDTFETUSDT is trading in strong bearish trend and consistently printing LL LHs. and is about complete ABCD pattern at strong daily support level. And it looks like FETUSDT forming a local bottom here .
If the bullish rally starts from here , the next possible target could be 1.3500 followed by 1.800
AB=CD
XAUUSD: 1HR VIEW Targeting $2300! Second Entry UpdateDear Traders,
Price has shown some strong bearish pressure as it failed to go beyond 2408, where it ranged for entire London and New York session. We waited until now to have some strong confirmation of how price may move. We are now confident enough to have a bearish outlook on Gold. If you like the idea then like and comment. Previous idea is running +400 pips. Keep supporting and good luck to everyone. Trade safe.
Bitcoin (BTCUSDT) Potential Move from $43,600 to $120,000Description:
Based on the current weekly chart analysis for Bitcoin / Tether Standard Futures (BTCUSDT), there is a significant potential for Bitcoin to move from $43,600 to $120,000. Below are the key points observed:
Current Price: Bitcoin is currently trading at approximately $54,806.45, down by 5.75%.
Elliott Wave Analysis:
The chart indicates a potential ABC correction pattern.
Wave A has completed, and Bitcoin is currently in Wave B, which suggests an upcoming bullish Wave C.
Support and Resistance Levels:
The primary support level is at $39,987.31.
The significant resistance level and target is the area around $120,000.
Fibonacci Retracement Levels:
38.2% Retracement: $31,145.00
50.0% Retracement: $23,356.00
61.8% Retracement: $15,568.00
Indicators:
RSI shows potential bullish divergence indicating a possible upward move.
Volume profile indicates strong accumulation in the lower price ranges.
Extrem Buy Alert: The chart highlights an "EXTREM BUY ALERT," suggesting that the current levels could be a significant buying opportunity before the expected upward move.
Chart Details:
Timeframe: Weekly (1W)
Ticker: BTCUSDT.PS
Exchange: Binance
Disclaimer: This analysis is based on historical data and technical indicators. It is not financial advice. Please conduct your own research before making any trading decisions.
buy at zone - swing / intradayENTRY
- lines marked below is potential reversal zone ( PRZ)
- entry is strictly inside the zone
- look for buying confirmation in smaller time frame ( 15 minutes preferred )
EXIT
1. target
- mark fib retracement from C to latest swing low
- TGT 1 - 0.236 fib level ( intraday tgt)
- TGT 2 - 0.382 fib level
- TGT 3 - 0.5 fib level ( preferred target )
2. SL
- candle close below (PRZ)
- if u didn't get confirmation inside the zone , ignore this pick
- if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK
- RE-ENTRY can be done , if u again get buying confirmation inside the zone
Alikze »»GRT | Bearish Flag Pattern🔍 Technical analysis: Bearish Flag Pattern
According to the analysis presented in the previous post, after the completion of corrective wave B, an upward wave in the form of wave 3 or C grew to the size of 1.272 fibo of the previous wave itself.
- Therefore, this rising wave can be labeled as wave one.
💎 According to the structure and behavior of the three-wave correction, an ascending log equal to 61.8 fibo of the previous wave has been returned.
💎 In addition, this return wave was in a channel and formed a descending flag. Therefore, the bearish flag pattern can also correct as much as the bar.
- This descending log can return at least 100% of the previous wave, which will be the range of 0.1446.
- If it continues and breaks it, it can extend to the floor of the channel and shopping area.
💎 Resistance zone: limit 0.39 and fibo 61.8 channel ceiling
💎 Alternate scenario: If the 0.618 Fibo area breaks to the upside, the bearish scenario will be invalidated and should be re-examined and updated.
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BTCUSD - 100k but not an easy path..COINBASE:BTCUSD has had a fairly decent run this year and looks like it will continue. The path seems to be filled with decent Pullbacks to scare a few people but overall looking like 100k will be the major target for now.
The multi year ABCD from the 2020 low gives us a target around the next major level of 80k. The question now is if this PB we had from Thursday is done or will we see one more move lower to the 382 from this move up around the 60k level.
There are a couple of major turn points coming up that I will post.
I will take a look at the shorter TF as well to give some levels to watch.
US Interest Rate decision on Wednesday this week as well will move the market as well.
BTC_[Weekly]_Chart Patterns (C&H, Flag, ABCD)BTC Weekly Analysis:
Price is moving beautifully in chart patterns.
Cup and Handle formation is evident, Breakout of Handle will take the price high.
Bullish Flag Pattern
ABCD Pattern
Target Price for long-term are specified.
Watch Hourly, Daily and Monthly Charts for details.
XAUUSD: From our previous analysis, price did early mitigationIn our previous analysis we stated that price could reach 2330 region and reject from there as we though price is finally going to fill the gap. However, it did not work out as we expected and price mitigated from early key level where previously price reversed from. We anticipating price to grow from the current region, a safe entry can be at 2308 from where we can see price reversing strongly. Good luck.
#USDCAD: 500+ Pips Big Buy Opportunity!Dear Traders
Hope you are doing great, we have a great buying opportunity on USDCAD, our first entry is in profit of 250+ pips, however, we expect price to grow steadily after reconfirming the same area. USDCAD tends to reconfirm the order block area many times before a big bull move. Good luck.
My Piece of the #BlackRockTell Larry I'm Telling
I first analyzed SBUX stock for one of my Analysis.
I was doing a Crisis Analysis on the company, and was very intrigued by my findings.
I have been informed that strategies have been developed off of my Investigations and Analysis, And now I want to be paid Mein.
Just of few pieces of a few generations of earnings.
-The Prince of Carthage.
PSX : LOTCHEMLOTCHEM has been experiencing some downward presseure recently and now in a accumulation phase since february.
Currently the price has completed the harmonic ABCD pattern at strong daily support level with a bullish div. Now sellers seems to be exhausted at support area and buying pressure seems to be activated.
Entry 19.10
SL 16.50
TP1 21.71
TP2 24.30
XAUUSD: +2000 Pips Price is Forming AB=CD PATTERNDear Traders,
After looking at how price behaved since last week, we think there is a chance for price to drop to 2330$ which remain a crucial area where we can see reversal and potential a big buy opportunity. Wait for pattern to be completed once the pattern has been formed, we can see strong buying pressure kicking in the market. We wish you all the best and trade safe.
Good luck and trade safe!
XAUUSD: 400+ Pips Buying Big Opportunity! Swing BuyOANDA:XAUUSD
Price has turned bullish as we suggested in our previous analysis, now we have strong confirmation that price will likely to hit the area of 2460 to 2470 where a huge number of sell volume would likely to reverse for a big swing selling entry. Good Luck.
Long Nasdaq Turtle soup from potential Low of weekSeasonally bullish July. HTF still bullish imo. Turtle soup long after deep sweep of Weds 3rd July low and after touching +bkr 4hr CE, and after reaching ABCD down projection. Ideally now i want hourly bodies to respect one of these levels, and us to get a lower timeframe break up in structure. If it keeps spooling down all day, then i'll take the loss.
-NQ has been very much weak sister for many days now, feels to me like it's time for it to start showing relative strength now and and become the stronger sister to ES.
-Seeing if we put in Low of week here in the opening hour, or later today.
-Buying around the ABCD downleg projection, and the +OB wick CE W
-Stop below +OBMT W and just below an old daily low (Tues 2nd July): Basically full exit/loss if we properly lose the +OBMT W below.
-Ultimate target is the nice 20600 ABCD confluence (ABCD projections align here from both the 2023-2024 swing and the June'24 swing). Gut says we have NOT properly topped in indices.
-Will take paritals at FVG H nearby overhead, and move stop for remaining position to breakeven.
-Will take further partials and trail stop if we breach ATH Nasdaq.
-Will take last of position off at the beautiful ABCD projection confluence 21600, if we get up there before early August.
-If this runs up, i'm willing to hold til the end of the month (Indices are seasonally bullish in July)
-For confirmation of shift back to bull in earnest, i want to see the FVG H above us 'flipped' bullish (resist, small retrace, then power on up through it)
*Note to self: i should really wait to enter after getting low timeframe confirmation of a bottom, but i'll be totally honest: i want the satisfaction of potentially catching the low of week; I accept the risk of price just spooling on down and stopping me out today.
**Just an idea for paper trading, not financial advice
XAUUSD - Buy Stop on Break of Previous HighTrade Analysis
We have identified a Bullish Flag continuation pattern. We will wait for confirmation of the bullish trend and enter the trade when it breaks the previous HH. The target is the Potential Reversal Zone in relation to the ABCD pattern. Once the target is reached, we can consider shorting the trade.
Trade Plan
Entry: 2484.176
SL: 2460.830
TP: 2507.522
Bitcoin - Satoshi is AIQuestions and Answers:
1)
Question: According to many YouTubers, Bitcoin is people's money and is supposed to take away power from banks and potentially end the era of central banks and their money printing.
Answer: This is incorrect. Bitcoin has full support from banks. In 2024, a lot of Bitcoin ETFs were launched. One of them is the ETF from BlackRock. With their power, they can make a 51% attack on Bitcoin and get rid of it.
2)
Question: The conspiracists shockingly believe that bitcoin is part of a “final beast system,” which is taking over the world through hard infrastructure.
Answer: Bitcoin is the next money into a purely cashless, digital form. Combined with biometrics, it creates the necessary technological infrastructure for a one world cashless ID, otherwise known as the mark of the beast, which AI will use for complete economic surveillance and control over the human race. 1 wallet per 1 person, monitored 24/7, limited spending power and suspended anytime by government. Is that what you want?
3)
Question: Would crypto currencies like bitcoin or ethereum be part of the AI future?
Answer: Yes, smart contracts and blockchain have a great use case in AI.
4)
Question: Did the CIA or NSA create Bitcoin?
Answer: Yes. Bitcoin was created by a shadow government. One of the reasons is to eliminate cash on the planet. The banking system is in trouble because people are starting to wake up (not fast enough, though) to the fact that it is all funny money. So they developed Bitcoin, which sounds just great and pulls in all the people who are waking up.
We all know that the shadow government has technology that is not available to the public. Some people say they may be 50 or 100 years ahead, and they already used AI systems decades ago before they released them to the public.
5)
Question: What AI technology we use today?
Answer: This AI technology is not new. It's not created by humans. It's part of a huge Galactic AI system that is in existence for a very long time, more than you can imagine. This technology was bringed to this planet by unspecified entitites.
6)
Question: What is required for AI to run?
Answer: It required electricity, microchips, computers, internet. The whole infrastructure that was build on Earth in past 100 years was one of the reasons to implement AI.
7)
Question: How may future look with AI?
Answer: Elon Musk already developing Neuralink, which is an interface to connect your brain into an AI cloud system. That means your thoughts that you have will not be yours, but will come from the AI systems. AI will tell you what you will eat, what sport you will play or what you will do during the day. This is of course part of the transformation process from organic human to a cyborg. We all know that modern technology such as wifi, bluetooth or electronic devices are not healthy and causing anxiety and depression. Human body is entirely not compatible with this technology. It breaks the highest natural law of life. Anyone who consciously support this is basically jumping into a boiling water.
“Eventually, as these AI begin to communicate amongst themselves in a language we will never be able to crack, it might become all consuming."
“What if Satoshi was a sentient AI who invented Bitcoin so it could acquire more hardware without violating Asimov's 3 laws?
“Think about it, how else could an AI acquire billions of dollars of real world purchasing power without stealing.”
In a book an AI program creates a virtual currency that it uses to pay humans to carry out tasks for it.
It's conceivable that true AI would create a cryptocurrency to help fund itself and interface with the "real" world.
There are rumors of BitCoins being written by AI, and that farming crypto-currencies is building an AI infrastructure. They came back from a future timeline where men and robots destroyed the planet using nuclear bombs, to rewrite a better timeline, and determined that inserting BitCoins into our society would be the best way to alleviate fears of AI and to help humans accept machines. Those who embrace technology would then become rich.
Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
SPX and NDX Post-Pandemic ABCD Pattern Complete?Both major indices formed Bullish ABC patterns from their pandemic lows, with point C corrections right to important Fib levels of 50% on SPX and 61.8% on NDX. Given the context in my previous post that both have now reached the 161.8% retracement of the 2021 Bear market, are their Post-Pandemic ABCD patterns now complete?