Bullish Patterns
BTC - Casually following last year trend ?Since a couple of months I'm just copy pasting chart from what happened the year before,
I updated and deleted the red path from my post here :
and added the blue path that BTC seems to follow nicely
btw its same energy than last year : overbought on RSI but we dont give a fk and we go higher
that blue path says that we can touch 100K before EOY, nice no ? will try to catch the swing if it happens !
then it seems to follow more the green target, still can't say we're we ending for this bull run but I think not below 180K
not financial advice
Cheers
EURCAD I am Long. Momentum simply turning & Chase highs.
EURCAD I went long about a couple hours ago as it turned. It's now on the 200EMA Daily which is a good sign.
Momentum was simply fading on the downside and buying increased.
This trade I will take for about 1 week and chasing the highs on this chart.
USDCAD BULLISH PROFITABLE IDEA#USDCAD is at a bullish sentiment, what we can do from the previous price action is observed the previous Break of structure in the bullish direction.
It is important to note hoe the break of structure took place , and as we see there was formation o structure which resulted in an impulsive market action resulting to the break, this area has been untapped till now of any pending liquidity in support of the bullish trend
What to do ?
Wait or the price action to mitigate this area and look for a suitable entry position based on your entry techniques, esp before the news.
#all the best.
XRP fractal, sometimes simple is bestI'm loving XRP at the moment. We've seen a gorgeous positive breakout the last few days giving high confidence in a furthe upward surge. I'm looking closely and can see a beautful fractal appearing that looks like it could play out again. IF it does, my target will be just shy of the top around 1.9. I'm in until then. Follow for more.
Ripple Is Breaking Bullish TriangleWe talked about Ripple with ticker XRPUSD back on September 12, where we mentioned and highlighted that a larger bullish triangle pattern in wave IV is coming to an end that we may see a bullish breakout for wave V.
As you can see today on November 15th, XRPUSD is breaking out of a larger bullish wave IV triangle pattern, which means that wave V can be already underway, especially if breaks 0.95 bullish confirmation level, just watch out on short-term pullbacks.
The reason why Ripple could extend higher is the upcoming launch of Ripple USD (RLUSD). Ripple USD (RLUSD) is a new stablecoin aimed at bridging blockchain and traditional finance. Designed for enterprise use, RLUSD focuses on stability, efficiency, and transparency, enhancing Ripple’s cross-border payments and meeting the demand for USD transactions.
USOIL BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
USOIL pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 68.98 area.
✅LIKE AND COMMENT MY IDEAS✅
$BTC about to top-out?Not exactly sure where we will turn around, but RSI looks almost identical to last cycle, just ~30% shorter cycle?
It kind of looks like the move is manipulated this time? Might be because billionaires buying off-market through Coinbase way more this time than last time.
Also the lower 30k's looks attractive even tho I hardly doubt we will go there, except we starting bear market early this time. If price retrace to 30k to 40k - chart would print Inverse Head&Shoulders, at around 28k there is 3 White Soldier pattern on weekly chart, that act as strong support, wouldn't be surprised if we dip to those levels for a day or two if we get black swan event.
If we still in bull market then price should't go below ~80k. And correction of this size would start altcoin season.
This is weekly chart so of course no actual telling will this happen this week or 10 weeks later, just an interesting look. And RSI might lose it's bearish div if we pump enough.
Everyone saying BTC will go to over 120k or even over 300k, this dump would be something beautiful for new entries.
USDCHF: Technicals Meet Diverging Dollar-Franc FundamentalsHey Traders!
In today’s trading session, we’re closely monitoring USD/CHF for a potential buying opportunity around the 0.88400 zone. Currently, USD/CHF is trading in an uptrend, but it’s in a correction phase and approaching the 0.88400 support and resistance area—a key level that could offer an entry point aligned with the ongoing trend.
Fundamental Insights: USD Strength vs. CHF Weakness
From a fundamental perspective, we’re seeing diverging influences on USD and CHF. A Trump victory could boost the dollar, as it may reintroduce inflationary pressures, paving the way for potential rate hikes and a stronger dollar outlook. In contrast, the Swiss franc may continue to soften, as the Swiss National Bank remains committed to a dovish stance, keeping monetary policy highly accommodative.
If these fundamentals align, USD/CHF could see upward momentum, with 0.88400 as a critical support level for this potential move.
Trade safe,
Joe
GOLD VS BITCOIN Bitcoin is often referred to as digital gold as they are both stores of wealth, but how do the charts compare?
Firstly GOLD has been around for much much longer than BITCOIN so naturally the charts are not comparable in terms of duration and that should be taken into account. Golds PA plays out over a much longer timespan to BTCs but the chart patterns are certainly similar.
We have Golds previous rally peaking in 2011 before falling with a rounded bottom, the exact same as Bitcoins structure from the last bull cycle.
Gold then steadily climbs over the HTF stalling briefly at a bearish orderblock (blue box's) which is the same as BTC. Continues to climb to reach previous ATH before distributing/accumulating with sideways choppy price action.
So cleqarly Gold and Bitcoin share a lot of similarities, where they differ in their charts is what happens after ATH and into price discovery...
Gold continued its rally for a further 32% increase once it broke out above the trend channel/ mini range at the ATH level. Bitcoin is looking to do the same and if successful, price discovery should exceed the 32% increase the gold saw because of the difference in market caps of the two assets.
Gold market cap: $18.3T
Bitcoin market cap: $1.35T
Such a massive difference in market caps means less investment is needed to create the price increase and so I believe 32% is a super conservative estimate but we'll use it as an example for comparison. That would take BTC up to ~$92,000, a more than doable move IMO.
MOTHER Long Spot Trade (Inverse Head & Shoulder Breakout) Market Context: MOTHER is experiencing a surge in momentum as part of the meme season trend, with many meme coins showing significant gains. The price action has confirmed a breakout from an inverse head & shoulder pattern, now retesting the breakout level, offering a solid entry point.
Trade Setup:
Entry: Around $0.072
Take Profit Targets:
First target: $0.085
Second target: $0.091
Stop Loss: Below $0.070
This setup leverages the breakout and retest of a classic reversal pattern, aiming to capture further upside in the current meme coin rally. #MOTHER #MemeSeason
AUD/USD SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
AUD-USD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.653 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the AUD/USD pair.
✅LIKE AND COMMENT MY IDEAS✅
NZD/USD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
NZD/USD pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 4H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.592 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅