Bitcoin - Secret pattern, no one talks about!
Bitcoin will definitely reach 30,000 - 32,000 USDT this month, but after that the bears will try to shutdown Bitcoin, because of a massive resistance on the daily chart, so keep reading!
Why is the 30k-32k level so strong? We have 4 confluence points here, and different people will sell Bitcoin at the different levels, but they are very close to each other, so it can end up with a significant crash.
You can see the confluence on the chart, the levels are absolutely extremely strong, and it's really hard not to see any reaction here at all.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
We have seen a very positive reaction to the FOMC meeting on Wednesday, which is also important from a fundamental perspective.
My plan is simple, I don't want to short Bitcoin until we reach my specified levels. It's better to ride the uptrend with longs than get rekt with shorts. I recommend you do the same.
Look at my previous idea about "25% CRASH from this level! Be prepared." in the related section down below, very important!
From the Elliott Wave perspective, we have started a whole new bull market, and I expect this bull market to end in September 2025. How much could Bitcoin reach? 160,000 USDT or 360,000 USDT? You know my price target from my previous ideas for the long term.
Thank you, and for more ideas, hit "Like" and "Follow"!
Bullish Flag
Cardano bullish flag TGT 0.5592Hay Trader!
This analysis is based on the idea of a Bullish Flag. The flag is visualized by the green support line and the red resistance line. Within these lines, the price has moved since the beginning of May 2022 and created this bullish formation. Using the Fibonacci instrument, a number of resistance levels can be expressed in the analysis. These resistance levels which are also potential support levels are located at 0.3926, 0.6903, and 0.8996 respectively. In addition, the instrument can also be used to determine where the target should be placed in relation to the price development of the formation (0.5592). With a good safety net in the form of support levels at 0.2395 and 0.3288, the price has some security. In addition, it can also be seen from the recent day's development that the price has recently experienced a high trading strength.
I hope this analysis was instructive and came up with some good points that can help create a picture of Cardano's current situation and how it is going to evolve in the future.
Cardano bullish flag formationHey Trader!
This analysis is based on the idea of a Bullish Flag which is illustrated in this analysis. The thick bottom line that follows the market price is the support line for Cardano. On the other side of the price is the resistance line. This flag is pointing downwards which is a strong signal that the price will break out as a bullish breakout. Since late December, when the price formed the current strong support at 0.2395, the price has begun a bullish trend where it has recently shown its potential to break this flag formation. If the price is to follow Fibonachi's indication, the price has the potential to reach the target at 6.0035
I hope this analysis was instructive and can be used for thinking about how the price trend can potentially fluctuate in the future.
W - strong price actionW had begun to form a saucer base pattern since Sep2022 (4 months basing), eventually cumulating to a break above it's neckline last Friday ( 20 Jan23) on very large volume. The following Monday on 23 Jan23, W announced it will cut 10% of its workforce and the market reacted by gapping the stock straight above it's 200 day moving average on yet another high volume day.
Since then it had pulled back a little, forming a potential bullish flag. Will the recent gap close soon? not necessarily, if it is a breakaway gap (which usually signify the start of a new trend). Can only wait and see.
Meanwhile, it is worth a shot to go long as long as it starts to break above the bull flag, with initial stop loss placed just slightly below the start of the gap @ 46.70. Trail stop up once the trade goes our way.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
Cardano - Explosion is ticking! Bull flag ready.
ADA is definitely ready for a massive breakout on the major 3D/1W chart! I see a lot of signs, which I will show you in this analysis!
The first bullish pattern is this huge falling wedge, which is very close to a breakout, and you probably want to catch this upcoming explosion!
Also, we can see the previous descending triangle that broke down in fall 2022. Descending triangles occur before the end of the downtrend, so keep that in mind!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
On the way up, I see only three significant resistances. The first is the previous wave A, because people can speculate on its continuation to the downside to make an impulse wave. The second is the 0.618 FIB on the LOG scale, which is undeniably strong resistance along with the beginning of wave B. And the third resistance level is the previous all-time high.
From the Elliott Wave perspective, the whole downtrend from September 2021 to December 2022 looks like an ABC ZigZag correction. This ZigZag is inside the bullish flag, which is especially powerful. Wave C finished at the 1:1 FIB extension from wave A to wave B and at the 0.5 FIB of the previous bull market from 2020-2021, so it definitely makes sense to me.
Taking profits at the 0.618 FIB appears to be very efficient because after prices reach this level, we can expect sideways price action or a downside correction.
The crypto market shows strong signs of a trend reversal, and I believe Bitcoin could reach around 30k pretty soon! More Bitcoin ideas will be posted soon, so stay tuned, and I wish you great success and happiness!
Thank you, and for more ideas, hit "Like" and "Follow"!
LTC IS READY FOR 10% PUMP !!! HOURLY TF Based on hourly time frame, LTC formed a bullish flag pattern
1.Entry at FIbonacci 0.5 Zone / 0.618 Zone WIth TP 1 at $ 91.62 and TP 2 at $ 96.7
2.DYOR, This is just my opinion , If the price break down the flag trade will invalid
3.Bullish Divergence on TF 1h Stochastic price goes up while the candle goes down
Thanks for reading my post, you can help me with the rocket bottom below, Be a smart traders and have a good day everyone !!
XLM Stellar Lumens - 2000% profit on this trade!
XLM is starting a huge bull market right now! 2000% profit is real, and in this analysis I will tell you why!
This is the macro outlook on the 3D/weekly chart. The previous bull market from 2020 - 2021 was very impulsive, and this proves how strong this coin is.
We can clearly see a falling wedge or a bullish flag pattern that is very close to an explosive breakout; you don't want to miss it at all costs!
Furthermore, this pattern is an ABC correction from an Elliott Wave perspective, which is extremely powerful when combined. You want to see a bullish flag with a zigzag pattern inside of it.
What is the profit target? We can use a parallel channel projection to establish the end of the bull market, which is around 2 USDT. It also depends on how fast the uptrend is going to be.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
On the way up, we have a lot of resistance, so check it out; I marked it on the chart. All of these are very significant levels.
There is no full price history of the XLM coin on TradingView, but if you take a look at Coingecko or CoinMarketCap on the LOG scale, then you will see how strong and stable this coin is.
The bull market is starting, and you want to deploy your USDT and buy some great coins, such as XLM, or you can trade futures as well.
This January is like the best month ever, so enjoy it!
Thank you, and for more ideas, hit "Like" and "Follow"!