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Bullish Patterns

BCH Long Position (Trend Breakout Retest)Market Context: BCH has broken out of the daily descending trend and is now retesting the breakout, creating an excellent opportunity for a long spot position. Trade Setup: Entry: Ladder into a long spot position between $350 - $365. Take Profit: First target: $430 - $460 Second target: $500 - $530 Stop Loss: Just below $330. This setup leverages the retest of the breakout for a favorable risk-to-reward opportunity. #BCH #Crypto #Breakout
Long
by Richtv_official
Gold is moving higher because of a stong bullish momentumHello traders. Today I'm going to try.I'm gonna try to give my analysis about the gold market. As you can see from the chart, the there is a high or big.Bullish momentum that that.Pushing the market to move higher after.There are many corrections that happened recently and from from a top down analysis point of view I can see.The bullish The high bullish momentum is getting involved in the market and the the buyers are taking over the.The gold market to push it higher to reach the 2700 something spot.And.From the weekly and the daily and the 4 hours.Chart you can see that there is a high probability to move higher and to reach all time high record.
OANDA:XAUUSDLong
by YMtradingsystem
Bitcoin (BTC): Rally Fueled by Election SpeculationBitcoin’s recent momentum seems unstoppable, and if it continues at this pace, we could see it challenge the All-Time High soon. Is the rally driven by election speculation? Quite possibly. Former President Donald Trump's growing lead over Vice President Kamala Harris is creating buzz, with decentralized prediction markets like Polymarket reflecting a widening gap between the two candidates. Trump's odds surged 13 points ahead of Harris by October 15. While Larry Fink may downplay the election's impact on the market, we disagree, as we anticipated Trump's increasing odds would begin influencing market sentiment. The recent surge in Bitcoin ETF inflows supports this view. With $550 million in inflows yesterday alone, the spike suggests that institutional investors, rather than retail, are fueling this rally. Institutional adoption continues to grow steadily, benefiting our spot BTC positions, which are printing gains once more. Ignoring a brief dip below the trend channel, Bitcoin has consistently respected it, aligning well with the support zone. Currently, BTC is trading slightly above the trend channel, facing resistance from an order block. While this resistance may hold for a while, we anticipate it will eventually break. However, a slight dip before that would present a valuable buying opportunity, which we aim to capitalize on. Zooming in on the VWAP chart, BTC has reclaimed the 2024 Q1 VAH but is now trading within a 12-hour Fair Value Gap (FVG). A pullback here would be ideal for positioning ourselves for the next leg up. With multiple levels aligning, we have two entry points prepared, and a flexible stop-loss strategy to manage the trades in real time.
CRYPTO:BTCUSDLong
by freeguy_by_wmc
AITECH Long Position (EMA Breakout)Market Context: AITECH is coiling between the 21- and 200-day EMAs, showing bullish momentum with higher lows. A dip into the $0.09 zone could offer an ideal entry, particularly if the daily close shows a wick, indicating buying interest. A break and close above the 200-day EMA would confirm upward momentum. Trade Setup: Entry: Look for confirmation of a break and close above the 200-day EMA. Take Profit: First target: $0.166 Second target: $0.21 Third target: $0.28 Stop Loss: Daily close below $0.07. This setup capitalizes on the bullish coiling pattern and potential breakout. #AITECH #Crypto #EMA
Long
by Richtv_official
JASMY Long Position (Accumulation Breakout)Market Context: JASMY is showing bullish signs, moving out of its accumulation phase with a strong daily close above the EMA-21. The EMAs are aligning favorably, providing a solid entry for a long position. Trade Setup: Entry: Around $0.021 to $0.019. Take Profit: First target: $0.024 Second target: $0.028 Third target: $0.032 Stop Loss: Daily close below $0.018. This setup takes advantage of JASMY’s potential breakout from accumulation into an upward trend. #JASMY #Crypto #Breakout
Long
by Richtv_official
14/10/24 Weekly outlookLast weeks high: $64,486.09 Last weeks low: $58,947.36 Midpoint: $61,716.73 Following a busy week of Data events with CPI & PPI price can be volatile and unpredictable, that was evident as BTC can be seen selling off going into those data events and despite a worse than forecast CPI, the markets responded quite well leading to a climb from Thursday onwards up to the 0.75 line. A weekend of chop gave a positive enough close to warrant a large buy candle in the opening hours of this week, could this be setting the pace for the rest of the week? For me, I'm always a little wary of a "swing fail pattern" (SFP) as these patterns can be very bearish, a reversal at the beginning of the week can lead to a sell off that undoes the previous weeks work as price falls. Confirmation of this pattern would be a wick above weekly high followed by smaller lower highs and lower lows on a LTF (15m). Should BTC manage to stay above the weekly high and maintain structure the target is $66,500. This is an important target as Bitcoin has been trying to breakout of this downtrend for 6 months, anything beyond $66,500 is breaking out of the trend after 10 attempts! This week we have the ECB interest rate decision, a second rate cut looks likely, the first rate cut set the pace for the US 50bps cut. Now the US look likely to cut by another 50bps in November to keep up. Altcoins are starting to look better than they have in the last two quarters. The timeline is cautiously optimistic, especially if BTC manages to breakout of the trend pattern. cautious optimism on the timeline
by ProR35
BTC Breakout Watch: Big Move ($80K) Incoming? Hey everyone! If you're enjoying this analysis, don’t forget to give it a thumbs up and follow for more! Bitcoin (BTC) is looking strong here. It’s forming a cup and handle pattern on the 6-hour time frame and also appears to be breaking out of a symmetrical triangle. Right now, BTC is retesting this breakout level, and if it holds and bounces, we could see a powerful upward movement in the coming weeks. 📈 Target: $80K 🚀 Stop Loss (SL): $61.7K What do you think of BTC's current price action? Are you spotting this bullish setup too? Share your thoughts and analysis in the comments below! Let’s ride this wave together!
Long
by CoreCrypto1
Bullish Butterfly Ascends a Channel w/Underlying Fib LevelsHere I have BINANCE:XRPUSDT on the Weekly Chart! Beginning of March 2020, BINANCE:XRPUSDT hits its Lowest Low @ .1013 Beginning of April 2021, BINANCE:XRPUSDT hits its Highest High @ 1.9669 For context ~1,800% Increase in 1 Year Taking the Fibonacci Retracement Tool, we can see that Price made a drop after the Higher High (Point A) to the 78.6% level (Point B), created a Lower Low at the 32.8% (Point C), then was rejected after descending to the 88.6% (Point D) and with this Price Action, formed a Bullish Harmonic Butterfly Pattern!! Parameters: X - B .786 A - C .382 / .886 B - D 1.618 / 2.618 X - D 1.27 / 1.618 (B/D and X/D Fall Short) -Price is continuing to trade Above the 200 EMA With the short-coming completion of this pattern, sprouts an Ascending Channel that Price now currently is traversing up! -If Price can continue this upward path, I believe it will battle with the Overlying Resistance Zones that line up with these Fibonacci Levels! 1) .8139 - .9240 (61.8% - 55.9%) 2) 1.2542 - 1.5266 (38.2% - 23.6%) *Caution to those who see the Ascending Channel break Bearish, because then Price Action could be a signal of a Double Top!
Long
by Novi_Fibonacci
2
Microstrategy Remains In The Bullish Trend; Positive For Crypto?MicroStrategy is a leading provider of business intelligence (BI) and analytics software. Founded in 1989, the company helps organizations analyze data to make informed business decisions. It's known for its robust platform that supports data discovery, predictive analytics, and mobile app. Additionally, MicroStrategy has made headlines for its significant investments in Bitcoin and both of them are still in the bullish trend. Microstrategy with ticker MSTR remains nicely bullish as expected and looks like 5th wave is in progress, which can push the price even higher with space up to 300 area, just be ware of short-term pullbacks. If that will be the case, then Crypto related stocks may cause a bullish breakout on Bitcoin as well due to their positive correlation.
NASDAQ:MSTRLong
by ew-forecast
MAVIA Long Position (Gaming Narrative) Market Context: MAVIA has aligned with the gaming sector's bullish trend. We are looking for a breakout above both the resistance and the daily trend line for a potential long trade. Trade Setup: Entry: Around $1.612 (breakout of resistance and daily trend line). Take Profit: First target: $2.00 Second target: $2.40 Stop Loss: Below $1.20. This trade capitalizes on the gaming narrative and MAVIA's technical setup for a potential breakout. #MAVIA #Gaming #Crypto
Long
by Richtv_official