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Bullishpattern

I'll Go To The Moon (ALGOUSDT)ALGO has been trading in an ascending broadening wedge pattern since 19th October. In that time it has risen by ~67% and is once again trading above all EMA's. The market is shaky at the moment and any drops in BTC are causing bigger drops in alts, but any increase in BTC is not necessarily increasing alts much. In any case, despite the very recent downward pressure ALGO found support around $0.13 and is looking to push up to the top of the channel for a short-term 20% increase. In the mid-term, if a breakout of the channel occurs we can target the $0.20 range. If there is any major downward pressure, ALGO could fall considerably to $0.10, but that seems unlikely for now. It has been a while since ALGO has shown some strength, now that it has the explosion should be big. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only. Please feel free to leave your comments and thoughts below!
Long
by kush23456
TON's Bullish Prelude📈💪There's a new player on the market, and it's making waves with its bullish demeanor. TON, the fresh-faced token, is displaying early signs of strength, trading within an ascending triangle that hints at an imminent breakout, poised to reach $5. Let's delve into what makes TON a compelling entry into the crypto scene. 📈💪 TON's Bullish Prelude: TON has entered the market with a burst of bullish energy, capturing the attention of traders and investors alike. Its current trajectory within an ascending triangle pattern signals a promising start for this new entrant. Technical Strength: Ascending Triangle Formation: The ascending triangle is a bullish continuation pattern, showcasing TON's underlying strength. This pattern suggests a potential breakout to the upside, and $5 emerges as a notable target. Early Market Dynamics: TON's early trading patterns are indicative of a positive market sentiment, attracting interest and investment. The $5 Breakout Anticipation: As TON consolidates within the ascending triangle, the stage is set for a breakout, and the $5 level stands as a key target. The breakout could signify a validation of TON's bullish potential and may spark further interest in the crypto community. Trading Strategy: Confirmation Entry: Wait for a confirmed breakout above the upper trendline of the ascending triangle before considering an entry. Volume Analysis: Monitor trading volume during the breakout to gauge the strength of the move. Increased volume can validate the breakout. Risk Management: Implement sound risk management strategies to protect your capital in case of unexpected market moves. Conclusion: TON's bullish entry into the market, coupled with the ascending triangle formation, paints an optimistic picture. As the crypto community watches for the anticipated breakout towards $5, strategic traders may find opportunities aligned with the emerging trend. May your trades be fruitful, and your journey with TON be filled with bullish strides. Happy trading, 🌐 ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
3
📈 DYDX: Breaking the Charts with Precision! 💹 DYDX has emerged as a star player in the crypto charts, showcasing a compelling technical setup that has traders buzzing with excitement. The recent surge in price is not just a random move; it's a result of a clear breakout coupled with a meticulous retest of a significant accumulation zone. Let's dive into why DYDX is currently trading around the $4 mark. Chart Analysis: DYDX's Technical Brilliance DYDX's chart tells a tale of technical brilliance, featuring a decisive breakout and subsequent retest. The coin surged with purpose, breaking out from a well-defined accumulation pattern that took the form of a symmetrical triangle. Such patterns often signify a period of consolidation before a powerful move, and DYDX did not disappoint. Technical Indicators: The Precision of the Breakout The precision of DYDX's breakout is evident not only in the strength of the move itself but also in the subsequent retest. The price action confirms a clean and well-executed escape from the accumulation zone, showcasing the market's confidence in DYDX's upward trajectory. Trading Strategy: Navigating DYDX's Momentum For traders eyeing DYDX, the breakout and retest present a prime opportunity for strategic entries. Monitoring the coin's momentum and confirming the sustainability of the upward move will be crucial. A well-crafted trading strategy, considering these technical nuances, could position traders favorably in DYDX's promising journey. Conclusion: DYDX's Charting Triumph DYDX's recent price surge is more than a mere spike; it's a triumph in charting precision. The breakout from the symmetrical triangle, followed by a calculated retest, speaks volumes about the coin's technical strength. As DYDX continues to chart its course, traders are poised to ride the momentum of this well-executed move. 🚀 DYDX Analysis | 📊 Technical Breakouts | 💡 Trading Precision Are you diving into DYDX's charting triumph? Share your insights, strategies💚🌐💚 ❗See related ideas below❗
Long
by Yaroslav_Krasko
Possible XAUUSD movementEnglish I´m going to make an analysis on a monthly timeframe looking for our market structure, we have all the HH and HL with at least 50% of our fibo retrament. We take a look at the fibo retracement to see where could I take profits when the price breaks the last H and we found two interesting zones (-10% and -27%), that is a rare way to use the fibo retracement, but it really works. Then, I checked if the price let any debt to look after it and I found one in the 100% price of our fibo extension, the price is going to be there (close to the price 1406) in some time (weeks, years or even decades), when? We have to take a look at it then. In that price we could star buying. On a weekly time frame there is a kind of bearish structure, not too clear, but on a daily and 4hrs time frame look better, it is making LL and LH and if nothing happen in the conflict in the middle east, could look for prices right down. *THIS IT NOT INVESTMENT RECOMMENDATION OR SOMETHING LIKE THAT, THIS IS ONLY FOR ANALYSIS AND EDUCATION PURPOSE* Español Voy a analizar el mercado en temporalidad mensual para identificar nuestra estructura de mercado, tenemos altos más altos y bajos más altos con al menos un 50% de retroceso de Fibonacci. Echamos un vistazo a nuestro retroceso de Fibonacci para identificar donde podríamos tomar profits cuando el precio rompa ese último máximo y encontramos dos zonas interesantes (-10% y -27%), esa es una rara manera de usar el retroceso de Fibonacci, pero realmente funciona. Luego, verifiqué si el precio dejo alguna deuda para tener en cuenta y encontré una en el 100% del precio en la extensión del fibonacci, el precio llegará allí (cerca del precio 1406) in algún momento, (semanas, años o incluso decadas), ¿cuándo? Tenemos que ver con el tiempo, pero en ese precio podemos comenzar a comprar. En temporalidad semanal hay un tipo de estructura bajista, no tan clara, pero en diario y 4Hrs se ve mucho mejor, está dando bajs más bajos y altos más bajos y si nada sucede en el conflicto en medio oriente, podríamos buscar precios abajo. *ESTO NO ES RECOMENDACIÓN DE INVERSIÓN NI NADA QUE SE LE PAREZCA, ESTO ES SOLO PARA ANÁLISIS Y EDUCACIÓN*
OANDA:XAUUSDLong
by DarkTradingCapital
PENDLE/USDT LONG SCALP SETUP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this PENDLE/USDT Trade setup. PENDLE forming bull flag like structure in 1hr time frame and currently, bouncing from the lower trendline of the bull flag. Might see a 25-30% move to the upside from here. Long here with tight SL. Entry:- Long at CMP and add more up to $1.04 Target:- 30% SL:- $1.01 Lev:- 10x If you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
GBP/USD Potential Bullish Reversal - Cup and Handle FormationGBP/USD is currently on the verge of the lower boundary of an upward channel and forming a Cup and Handle pattern, indicating a potential bullish reversal. The entry point may occur after the price successfully breaks and retests the SNR level at 1.23113. Technical Analysis: -The Cup and Handle pattern is forming, signaling a potential bullish reversal. -The price is approaching the lower boundary of the upward channel. -SNR level at 1.23113 is a critical point for breakout confirmation. Trade Plan: -Entry Point: Wait for the price to break and retest the SNR level at 1.23113. -Stop-Loss: Place a stop-loss below the nearest support level or according to your personal risk tolerance. -Profit Target: Set a realistic profit target, possibly at the next resistance level (1.25497) Special Considerations: -Monitor economic news and fundamental factors that may affect GBP/USD. -Do not hesitate to exit the trade if there are significant changes in market conditions.
Long
by fardycurry
IHS confirmed , next BIG short squeeze?Long and strong IHS confirmation breakout and tested Fundamentals: Company fully funded and largest factory in Moses Lake has started production with recent contract signed for the next 10 years worth around 3 busd. Todays mcap is around 0.6 busd. Guided ebidta for 2025 is 100-300 musd Dept around 260 musd with favorable terms Production within 3 megatrends in the U.S, semi chips, solar and batteries (silane gas) All production sold out, but silicon anodes manufacturers ( Sila Nano, G14, Oned) has established around their Moses Lake facility in hopes for silane offtake. Amprius and Cenate has mentioned and hopes for REC silicon silane gas, and company itself says they have discussions with multiple companies regarding silane. REC has 70% markets share of silane gas, and it looks that replacing grafite with silicon will be the next big thing. The potential for REC silicon and its silane gas are endless the next 5 years as this explodes. REC also has a 15% stake in Yulin factory in China, and are in proccess of selling this stake, which is valued to 150 musd. 1/4 of todays mcap just in cash!! Proccess is going slow but we are close to an end... This stock is worth following the next year!! Also to mention is that due to restart and impairments, Moses Lake factory(replacement cost 1.7 busd) is zero in the books. Yulin has also been written down to zero... and revarsal of impairments would most likely be reversed next quarter, Yulin is a huge bonus with cash, and company has also recievd a large amount of pre payments in the 3 busd contract recently signed. Today REC silicon is one of the most shorted stocks in Oslo stock exchange, but there is a huge chance of a potential short squeeze here when market discovers fully what is about to happen here....
OSL:RECSILong
by Sirbalo
Possible scenarios for BTCEnglish On a weekly time fame, I found a possible TP for the ones who are buying BTC and that zone is good to see how the price reacts and wait for a bearish movement. On the other hand, the daily escenario we have a zone where we could buy again this asset after a retracement, but we have to keep an eye on the news because of the ETF approval scenario which makes a FOMO time. Let´s see how it goes. *THIS IT NOT INVESTMENT RECOMMENDATION OR SOMETHING LIKE THAT, THIS IS ONLY FOR ANALYSIS AND EDUCATION PURPOSE* Español En un temporalidad semanal, encontré un posible TP para los compradores y esta zona es buena para tomar profits o parciales y dependiendo de su reacción, ver un posible movimiento a la baja. Por otro lado, en el escenario diario tenemos una zona donde podríamos comprar nuevamente este activo en un retroceso, pero tenemos que estar atentos de las noticia del ETF el cual puede crear un tiempo de FOMO. Vamos a ver cómo se desarrolla el precio. *ESTO NO ES RECOMENDACIÓN DE INVERSIÓN NI NADA QUE SE LE PAREZCA, ESTO ES SOLO PARA ANÁLISIS Y EDUCACIÓN*
by DarkTradingCapital
Will GOLD go test ATHs?GOLD is showing some clues of possible trend change. If price stays on top of the last highs the price structure changes from making lower highs to making a higher high. This can indicate from a accumulation and growing bull force. As long as we stay on top of these previous highs I'm short term bull. Ofc there is also the huge 12 year cup and handle pattern which would indicate of higher prices probably around 24-25. Targets 2500-3000 per ounce (I'm Long Term Bull) Tell me if you would like a more in depth update about the 12 year GOLD cup and handle structure -Jebu
TVC:GOLDLong
by PalenTrade
4
RSR ANALYSIS🔮 #RSR Analysis - Breakout Trading 🌟🚀 Formation of "Rounding Bottom Pattern" in #RSR with breakout signifies a bullish move. 📈📈 🔖 Current Price: $0.002750 ⏳ Target Price:    $0.003780 ⁉️ What to do? - #RSR is aiming around $0.003780 in its next price target. We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #RSR #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
2
Bitcoin ($BTC) Bullish StreakBased on the data today, the price of BTC (Bitcoin) is $35,354.5 with a 24-hour change of +1.9%. The overall price trend of the day indicates a higher probability of being bullish. This is supported by the MACD (Moving Average Convergence Divergence) indicator, which is signaling a bullish trend. The market cap of BTC is currently 692,104,070,095. The volume of BTC traded today is $984,142,991.84. Analyzing the technical indicators, the MACD signal has shown a bullish trend in the past 30 days with 7 occurrences. However, within the past 7 days, there is no specific pattern observed for the MACD, RSI (Relative Strength Index), BOLL (Bollinger Bands), or KDJ (Stochastic Oscillator). The BOLL support price is $35,168.3, and the BOLL resistance price is $35,442.1. Additionally, the market sentiment index is at 66, indicating a state of greed. In conclusion, based on the data today, BTC is experiencing a bullish trend, supported by the MACD indicator. Despite the lack of specific patterns in recent technical indicators, the overall market sentiment is positive. However, it's essential to consider other factors and conduct thorough analysis before making any investment decisions.
BINANCE:BTCUSDLong
by DEXWireNews
BBRI : Rebound, Targeting Rp5750 pre-2024 Election VolatilityOn November 1, 2023, Bank Rakyat Indonesia (BBRI) stock exhibited a notable touch on the lower trendline at Rp4930. This technical analysis delves into the implications of this touch, marked by a bullish pattern and rapid ascent, further substantiated by the stock's position above the Exponential Moving Average (EMA) 200 and a positive MACD crossover. The objective is to explore the basis for the continuation of the upward trend with a potential target range of Rp5750 before the anticipated market volatility preceding the 2024 Indonesian elections. Technical Analysis: Lower Trendline Touch and Bullish Pattern: - The touch on the lower trendline at Rp4930 signals a substantial support level, suggesting a potential trend reversal. - The emergence of a bullish pattern reinforces the positive sentiment, indicative of a swift upward movement. EMA 200 Position: - The stock's positioning above the EMA 200 signifies a robust long-term momentum. - The close proximity of the stock price to the EMA 200 provides additional confirmation of the potential for a sustained upward trend. MACD Conditions: - The MACD exhibits a bullish condition with a crossover of the signal line to the upside and a positive histogram. - The bullish signal from MACD supports the notion that buyer momentum is on the rise. Upside Target: Upper Target (Resistance): - Given the confirmation from the trendline, EMA 200, and MACD, the initial upside target is set around Rp5750 or higher. - This level encapsulates potential technical resistance that the BBRI stock may encounter during its upward trajectory. Additional Analysis: Supplementary Indicators: - Further confirmation from auxiliary indicators like RSI and trading volume is recommended to provide a comprehensive view of trend strength and market participation. Market News Monitoring: - The potential for market volatility leading up to the 2024 Indonesian elections underscores the importance of vigilantly monitoring market news and political developments. Risk Considerations: Stop-Loss: - Effective risk management involves placing a stop-loss beneath the trendline or support level. Conclusion: In conclusion, BBRI stock presents a compelling case for a continuation of its upward trajectory, supported by the confirmation from the trendline, EMA 200, and MACD. With a potential upside target of Rp5750, investors should remain vigilant as the market navigates the uncertainties leading up to the 2024 Indonesian elections. Regularly updating analyses in response to evolving market conditions and seeking advice from financial professionals is advisable before making investment decisions.
IDX:BBRILong
by fardycurry
Silver Is Trading Close To Technical "BUY" LevelSilver is trading sideways since 2021, a move that can be a corrective because of choppy and overlapping price action. Ideally, its a very big triangle in progress, currently with subwave C bottoming because of the bounce away from $21.00. Notice that rally back above 22.33 horizontal swing level is strong and impulsive, so ideally that's going to be part of a new recovery that can send metal even towards 24-25 area, but after wave B pullback that is now in progress and can find a support at 22.20-22.50 area. Also, we can see a potential HS bottom formation currently with the right shoulder playing out as a wave B.
FOREXCOM:XAGUSDLong
by ew-forecast