LINK/BTC - Head and ShouldersHead and shoulders could be forming on LINK/BTC 5day. Measured move on this would put it up near all time highs likely beginning of next year.
Link could be a solid hold from here to the beginning of next year. May drop a bit more against BTC, but I think that would be an opportunity. Link may out pace Bitcoin to the upside during this next bull run.
Bullishpattern
GBPAUD LONG UPDATE newyork sesshYesterday i called put gbpaud early and got in longs after i seen daily rejections. when i placed the trade my account was sitting at $369 in the last video now im back at stage one from silly mistakes again but im still long on gbpaud will attach yesterdays video and keep you guys updated during new york session
ENJ USDT Long Idea - Bullish Reversal ENJUSDT 4-Hr TF. Bullish Reversal
We observe a budding shift from a prevailing downtrend to potential bullish momentum.
Key support and resistance levels have been mapped, indicating areas of significant market interest.
Price Action:
Recently, the price has shown an upward momentum, creating a series of higher lows and higher highs, which suggests a potential shift in trend from bearish to bullish.
The recent pattern of higher lows and highs could suggest an imminent trend reversal.
Our strategy recommends a long entry at 0.5685, with a conservative stop loss at 0.4270 to safeguard against unexpected downturns. Profit targets are set at 0.5300 and 0.5500, aligning with major resistance zones.
The RSI presents a neutral stance with a bullish bias as per the moving average crossover. Traders are advised to monitor these levels and adjust positions accordingly to market dynamics."
Bullish triangleBTC formed a bullish triangle with a nice pole as in the textbooks.
Finally we broke out this flag yesterday and now if the retesting going well, we will see some movement to upwards. BTC halving is so close, volatility expected on both sides. Alts could bleed, but if retesing confirmed, we will seen big green candles soon.
Take care, and don't forget risk managment!
!NFA!
Polkadot 4h: Regular bullish Divergence - Signs of an UptrendIn our latest glance at the DOT/USD 4-hour chart, an intriguing pattern unfolds, hinting at potential upside. The price trajectory, previously charting lower lows , contrasts sharply with the Relative Strength Index (RSI) and the Commodity Channel Index (CCI), both of which are sketching higher lows . This bullish divergence suggests weakening downward momentum, potentially foreshadowing a trend reversal.
The CCI's journey above the 100 mark further bolsters this narrative, hinting at an emerging strong uptrend . Traditionally, crossing this threshold signifies robust buying interest, a beacon for bulls eyeing entry points.
Meanwhile, the RSI adds another layer of optimism. Its upward trend, while not yet breaching the overbought territory, indicates growing bullish momentum without the immediate threat of a reversal due to overextension.
A critical target lies ahead: the untouched monthly pivot point at 9.9167. This level acts as a magnet for price, suggesting an ascent toward this mark could be on the horizon, offering a strategic point of interest for traders.
In summary, the DOT/USD pair exhibits promising signs for bulls. The combination of bullish divergence, CCI's strength, and RSI's ascent, alongside the gravitational pull of the monthly pivot, paints a picture of potential upward movement. As always, keep an eye on these indicators for shifts that might affect this outlook.
🐺 keep your eyes on GALA 🐺🚀Hello my friend ! 🐺
Today I want to talk about of one the most popular gaming token in the last bull market and even in the current situation .
As you can see in the chart above , GALA currently is in the uptrend and also we have a clear flag pattern in the chart which is a continuation pattern ; also price currently holding above the weekly support line ( purple horizontal line ) .
In my opinion if price break above the flag , we could expect another 100% pump to the next resistance level , which is around 0.12$ mark .
Have nice trades.... 🐺
#SALZERELEC#SALZERELEC
SALZERELEC Good for Holding around 6 TO 9 Months ..... Current Price at 848.05......... Keep SL at 802. .... (On Closing Basis ... Means ... Daily Candle closed Below 802 )….. After Close Crossing 913 …. Trail SL to 913 Targets are Shown on Chart in Greens .
Patent
It has received a patent for ‘Integral Cam Operated Rotary Switches’ for a duration of 20 years, ending 2031. It has registered a Patent for Rotary Switches, five product patents in process.
Diversification into Smart Meter
In Feb,24, the company announced the establishment of a Smart Meter Manufacturing Business in Coimbatore with an annual production capacity of 4 million smart energy meters which will be increased to 10 million in Phase Two. The first batch of smart meters is expected to roll out in Q1 FY25.
Clientele
Valeo, Delta, Siemens, L&T, Schneider Electric, Nuclear Power Corporation, Kone, Indian Railways CED, ABB etc
Market Share
The Co is the largest manufacturer of Cam Operated Rotary Switches with 25% market share.
Promoter holding has increased by 2.08% over last quarter.
POL / MATIC to $9+?Looks like a great entry get into Polygon before they release the Agglayer.
Polygon Agglayer can connect any chains, enabling unified liquidity and seamless transactions through zero-knowledge proofs.
So bullish on the Polygon team and the on-chain statistics with so many active users and so many new chains adding Polygon CDK.
There is great possibility of Polygon reaching to $9 per coin. Which will a valuation of around $90 Billion. Last bull run top layer ones somewhere around that. And now at this bull run we have more Tec and more active users. Seems like an real adoption cycle.
BankNifty Eyeing All-Time Highs, Targets 51KThe BankNifty is showing strong momentum as it aims to surpass its previous all-time high levels and move towards the target of 51K. Analysis of the charts indicates a breakout of the triangle pattern, suggesting bullish sentiment. However, confirmation will be established if the price successfully breaches the all-time high of 48636.40 and maintains above this level. In such a scenario, fresh buying interest can drive the index towards the 51K mark. The target is derived from Fibonacci extension analysis.
It's important to remain vigilant as the setup could be invalidated if the price retreats and breaks below the support level of 47300.
Your feedback, suggestions, and requests are highly valued. Feel free to comment if you find this analysis helpful and consider following for more updates. Any input or advice from your end is warmly welcomed.
Disclaimer: The views expressed here are solely my own and for educational purposes only. Make sure you consult your Financial advisor before investing, as I won't be responsible for any losses incurred.
RPL back to Demand ZoneRocket Pool is one of the largest Eth liquid staking platform. Billion in total value locked, but market cap still below 1 billion.
Currently back to the weekly support and the demand zone. If we see the volume we can see huge accumulation of RPL at this zone.
We can get a good risk to reward entry at this levels. It will be very interesting to see when it breaks the current accumulation zone towards upside.
btcusd started bull run soonThe upcoming Bull Run for Bitcoin is expected to reach significant levels of capacity, with updates on prices coming as signals are received. The Bull Run is anticipated to occur by today at 8 pm or possibly sooner. In the worst-case scenario, it might happen overnight while we're asleep, based on Pacific Time, but indicators suggest a high likelihood of it happening soon.
The surge in activity is attributed to the low volume of whales, indicating a mega Bull Run. This signal emerged on march 30th and is closely tied to volume, particularly reflecting retail traders selling at losses. The whales, large investors in the cryptocurrency market, have evidently decided that it's time to accumulate again.
While there's a possibility of delay, it's also conceivable that the Bull Run could happen even quicker than anticipated. This information is shared based on observations and analysis of whale activities.
@houseofcryptotrader
Filecoin strong reboundAfter a couple of days FIL was in a downtrend, the yellow channel. It's broke out and how there is some resistance, the orange drawings. After FIL breaks this resistance (orange) there will probably a retest before it can go (much) higher.
RSI is also lowered a lot, so there's room to go higher imo.
[NEARUSDT] - on the verge of breakoutthe falling wedge pattern in consolidation in daily chart.
in the green circle that i highlighte u can see the price action in fibbonaci levels.
always breakout with huge green candle... that happen twice in (0.5 ,0.618).
now we waiting for a breakout the upper side of falling wedge...that will make our next target is 10$
Thank you, and for more ideas, hit "Like" and "Follow"!🎯