Bullish Patterns
ALT M.CAP: JUST DID A RETEST! HODL YOUR ALTCOIN BAG!!Hey everyone!
If you're enjoying this analysis, a thumbs up and a follow would be greatly appreciated!
What is Total3?
Total3 refers to the total market capitalization of all cryptocurrencies except for Bitcoin (BTC) and Ethereum (ETH). It provides a clearer picture of the overall market health of altcoins, excluding the influence of the two largest cryptocurrencies.
Now, let’s analyze its chart.
If you're worried about the recent dip in altcoins, take a look at this chart. Total3 has broken out from a bull flag on the daily time frame and is currently retesting that flag. If it holds at this retest level, we can expect another bullish rally in altcoins soon.
Don’t be scared by negative news like the war; such situations are temporary, and the market has rebounded many times in the past. Use this dip as an opportunity to dollar-cost average (DCA) into your altcoin positions. If you've already accumulated, just hold patiently.
What are your thoughts on Total3's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
MYRO Long Spot Position (Reversal with 21 EMA Reclaim)Market Context: MYRO is showing signs of reversal by reclaiming the 21 EMA for the first time since July and turning a key resistance line into support. This offers a promising risk-to-reward trade if the price continues moving upward.
Trade Setup:
Entry: Around $0.082.
Take Profit:
First target: $0.115
Second target: $0.16
Third target: $0.22
Fourth target: $0.26
Stop Loss: Daily close below $0.074.
This setup has a favorable risk-to-reward profile if the upward momentum holds. #MYRO #CryptoReversal
APT Long Spot Position (Inverse Head and Shoulders Breakout)Market Context: APT is breaking out from an inverse head and shoulders pattern, holding the 200 EMA as support while flipping previous resistance. The key resistance level to clear is $9.8, which could trigger rapid price expansion.
Trade Setup:
Entry: Dollar-cost average (DCA) between $8 and $6.8.
Take Profit:
First target: $9.8
Second target: $12
Third target: $14
Stop Loss: Daily close under $6.
This setup looks solid for a breakout continuation if resistance is cleared. #APT #Crypto
NZD/USD SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
NZD/USD is making a bearish pullback on the 2H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 0.636 level.
✅LIKE AND COMMENT MY IDEAS✅
ETH breakout??Ethereum has generally been falling behind this Bullrun with some disappointing PA. Currently RTH finds itself able to prove some LTF strength with a breakout play on the 15m timeframe.
After trending to the downside over the weekend ETH has hit a bullish OB and reacted well off that level that coincided with the bottom of the channel. Price has now broken out to the upside, retraced to test that level as new support and it's here where R;R is strong should ETH show some strength and push upward.
Some points of confluence would be the 200ema now trending up and is at the same support level as the trendline, I'd like to see good support here.
Easy invalidation would be a break in structure at the local low, along with a loss of the 200ema & trendline support. BTC's behaviour also a factor in this move too as it always is when HTF chop occurs.
GBP/USD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
Bullish trend on GBP/USD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 1.336.
✅LIKE AND COMMENT MY IDEAS✅
GBPCHF Potential UpsidesHey Traders, in today's trading session we are monitoring we are monitoring GBPCHF for a buying opportunity around 1.11900 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.11900 support and resistance area.
Trade safe, Joe.
Toncoin Resumes Its Bullish TrendToncoin with ticker TONUSD made a bigger decline recently after Telegram CEO Pavel Durov was Arrested in France. However, they were most likely just spreading the fear like back in 2022 when FTX's Sam Bankman-Fried was arrested as well, but Crypto market found the low back then and turned bullish. So, don't get scared at this stage, as TONUSD may have just finished a deeper A-B-C correction in wave (4) from where we can expect a bullish resumption for wave (5) of 3.
It's actually nicely bouncing from projected support area for wave (4), so wave (5) can be now in progress, especially if jumps back above channel resistance line and 7.3 bullish confirmation level. If that will be the case, then wave (5) has space towards 12-14 target area.
In Elliott wave theory, every impulse should be finished by a five-wave cycle.
BIGTIME/USDT: LONG SCALP SETUP! Low Risk, High Reward Setup!!Hey everyone!
If you're enjoying this analysis, a thumbs up and a follow would be greatly appreciated!
BIGTIME looks promising right now. It’s forming a symmetrical triangle on the 4-hour time frame and is currently hovering near the lower trend line of the triangle. Additionally, there’s support at the 100 MA, which strengthens the bullish outlook. Consider going long here and adding more on any dips.
Entry: Current Market Price (CMP) and add more up to $0.129
Targets:
$0.149
$0.168
$0.185
$0.204
Stop Loss (SL): $0.122
Leverage: 5x
Risk/Reward Ratio: 1:6
What are your thoughts on BIGTIME's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
DXY H8 - Long SignalDXY H8
There isn't too much to report on here for the likes of the dollar index, we have seen a bullish start to the week so far which was as expected, but we are still very much in the same range which trades between 100.200 price and 101.000 price, we really need to see a break north of this 101 level.
A break of 101.000 price, and subsequent surge towards 101.800 to 102.000 price is the next goal. Good start to the week thus far. Lets see if we can start to see these setups we have been following unfold a little more in our favour!
SAGAUSDT – Reverse Head & Shoulders Eyeing $4.45 TargetSAGA’s reverse head and shoulders pattern is nearing completion, but the breakout hasn’t quite occurred yet. Based on the measured move of the pattern and aligning it with the Fib 3.618 extension, the target price after a confirmed breakout is around $4.45.
We’re currently seeing the price consolidate below the neckline, and if the breakout confirms, we could see a rapid move to the 1.618 Fib at $3.24, followed by the 2.618 Fib at $3.84. The ultimate target, based on the head and shoulders measured move, is the Fib 3.618 extension at $4.45, a significant bullish projection.
However, keep an eye on the RSI and RSI Divergence Indicator, which are showing early signs of bearish divergence. This could mean that, even with a breakout, the price might face some turbulence, potentially pulling back to $2.50 for a retest before moving higher.
In summary: If SAGA breaks out of the reverse head and shoulders pattern, the final target could be as high as $4.45. First, though, it needs to confirm the breakout by pushing through the neckline. Watch the Fib levels and be cautious of the divergence signals showing on the RSI.
Disclaimer: Trading is like surfing—fun, but you might wipe out. This isn’t professional advice—always do your own research and consult a pro before diving in!
GOLD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
GOLD is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of 2,666.483.
✅LIKE AND COMMENT MY IDEAS✅
NZD/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
NZD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.533 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅