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Bullish Patterns

Newmont (NEM) AnalysisCompany Overview: Newmont NYSE:NEM , as the world’s largest gold miner, is well-positioned to benefit from the ongoing gold bull market. The price of gold is projected to rise to $2,500 per ounce by the end of 2024, creating a significant tailwind for Newmont’s operations. Key Catalysts: Gold Production Strength: With forecasted production of 6.9 million ounces in 2024, Newmont has a major advantage, given its scale and operational capacity. The bullish gold market will enhance its profitability. Newcrest Acquisition: The acquisition of Newcrest Mining is a game-changer, adding $500 million in synergies and boosting cash improvements by $2 billion through portfolio optimization. This deal strengthens Newmont’s competitive position and enhances long-term value creation. Investment Outlook: Bullish Outlook: We are bullish on Newmont above $48.00-$49.00, based on strong gold market fundamentals and the strategic value of the Newcrest acquisition. Upside Potential: Our target for NEM is $78.00-$80.00, driven by rising gold prices and operational efficiencies from the acquisition. 🚀 NEM—Gold Market Leader Positioned for Growth. #Gold #Mining #Newmont
NYSE:NEMLong
by Richtv_official
BTC reversal soon??Divergences between price and RSI can often show that a trend is coming to an end and a new one is beginning. In this case we can see that RSI on the 4H timeframe hit the oversold zone, and has been steadily climbing out of it ever since. However, we can see that price has continued making lower lows and lower highs... The price and the oscillator are out of phase and in this case as RSI grows larger but price continues to drop it's a bullish divergence signal and this suggests a trend shift from bearish to bullish. Divergences are not perfect, no indicator is but this can be paired up with other signals for confluence, RSI being at the oversold zone is a good indicator that the bulk of the move is done, especially now that RSI has climbed out of it. The green box is showing a bullish orderblock, all 3 wicks have bounced off this zone and therefor suggests support also. My feeling is that geopolitical worries have shaken the traditional markets and that uncertainty has spilt over into crypto, fundamental influences will effect the charts no matter how good the technical analysis may be. If we weather this storm and the situation doesn't escalate the TA suggests the worst has been and gone.
by ProR35
BTC BULL to $101k - $125kIf the Bearish chart of Bitcoin won't play out, this is the bullish possibilities. It does look like we will go up. Indicators on Daily timeframe just reset indicating bullishness. Altcoins look very bullish and are ready for another 100% leg up or even bigger run this time. Th only thing that doesn't let me freely believe this bullish chart is that BTC have not crashed yet and usually it does crash before thee big run, but this cycle is already different having new ATH before the halving which did not happen previously.
Long
by Achilly
BANANA/USDT: READY FOR A 80-90% UPSIDE MOVE!!Hey everyone! If you're enjoying this analysis, a thumbs up and a follow would be greatly appreciated! BANANA looks good here. It breaks out from the symmetrical triangle and also did a successful retest. Long some now and add more in the dip. Entry range:- $42-$46 Targets:- $53/$60/$68/$81 SL:- $39.5 Lev:- 2x-4x What are your thoughts on BANANA's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
Long
by CoreCrypto1
3
AUD/NZD Bullish Due to Diverging Rate Policies The AUD/NZD is currently showing bullish momentum due to diverging monetary policies between the Reserve Bank of New Zealand (RBNZ) and the Reserve Bank of Australia (RBA). - RBNZ: Having paused its rate hikes at 5.5%, signaling that further tightening is unlikely, has weakened NZD sentiment. - RBA: With a more hawkish stance and potential future rate hikes, AUD is becoming more attractive to investors. This narrowing interest rate differential and stronger outlook for AUD are driving the pair higher. Expect Level : 1.09940
Long
by ClearTradingMind
ONE MORE LEG DOWN FOR BITCOIN BEFORE TAKE OFF..???I got an interesting view on BITCOIN while all bullish-ers and bullsh17-ers always talk about BUY BUY BUY.. I own Bitcoin and hold some of it, but i just sold a huge portion of my bitcoin and prepare to re-entry around 50k. I assumed the W-Y-Z correction is not over, and Bitcoin owe one more leg down to accomplish the "Z", which is at least as low as "Y", around 49k to 50k. Of course for long term view i am still and still so confident that Bitcoin will reach at least 100k to 125k. LET'S GO! CHEERSS!!!
BITSTAMP:BTCUSDShort
by steveivan
AVAX Long Spot Position (Support Entry)Market Context: AVAX has retraced to a key support level between $23.00 and $25.50, offering a strategic entry point for a long trade as it shows potential for a bounce. Trade Setup: Entry: In the current $23.00 - $25.50 level of support. Take Profit: First target: $30.50 - $33.00 Second target: $39.00 - $41.50 Stop Loss: Just below $24.50. This trade aims to leverage the support level for a potential upward movement, maintaining a favorable risk-reward ratio. #AVAX #SupportTrade
Long
by Richtv_official
AR Long Spot Position (Support Entry)Market Context: AR has retraced to a significant area of support between $18.00 and $20.00, creating a favorable opportunity for a long trade. This setup looks promising if the support holds. Trade Setup: Entry: In the current $18.00 - $20.00 area of support. Take Profit: First target: $24.00 - $26.50 Second target: $32.00 - $35.00 Stop Loss: Around $16.00. This trade aims to capitalize on the bounce from support, providing a structured risk-reward profile. #AR #SupportTrade
Long
by Richtv_official
THETA Long Spot Position (Support Entry)Market Context: THETA has retraced to a key support level at $1.30, presenting a solid opportunity for a long trade. The setup provides a good risk-reward profile if the support holds and the price starts to bounce. Trade Setup: Entry: At the current $1.30 level of support. Take Profit: First target: $1.50 - $1.67 Second target: $1.85 - $2.05 Stop Loss: Just below $1.24. This setup focuses on capturing the bounce from support with defined risk. #THETA #SupportTrade
Long
by Richtv_official
JUP/USDT: LOOKS PRIME FOR A 150% RALLY!!Hey everyone! If you're enjoying this analysis, a thumbs up and a follow would be greatly appreciated! JUP looks very promising right now. It has broken out of a descending triangle and is currently retesting that triangle. I'm considering building a spot position here. Entry Range: Current Market Price (CMP) and add more up to $0.72 Targets: $1.04 / $1.32 / $1.68 / $1.96 Stop Loss: $0.59 What are your thoughts on JUP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1