BITCOIN|A correction and continuation of the BULLISH trendAfter reaching the 4H resistance zone, Bitcoin experienced a sharp drop.
In my opinion, this was a movement to correct the trend, and according to the previous analysis, we can hope for the continuation of the upward trend.
Continuing the movement of the new resistance area of 45100 and 46450 are still Bitcoin's targets for the future.
Bullishpattern
A perfect example of an Ascending Triangle breakout on the dailyHere we can see NVDA just poked out of this perfect Ascending triangle which aligns with the hourly Cup and handle that we have been tracking. Currently no ceiling in place, and the next demand zone sitting down at the $482-$475 range, which would be my next target if this does decide to break back down. On the flipside, looking like another another Bull flag forming on the 15, would def keep an eye on that.
BTC/USD Bullish movementHello Crypto Enthusiasts,
🚀 Exciting news! Master Chef is back in the kitchen, ready to serve up some piping hot hypotheses on crypto tokens, including potential meme tokens for us all to feast our eyes on! 🍲 Today, let's delve into why BTC is set to soar to new heights.
1.) 📈 EMA Health Check: The 4-hour time frame EMAs are looking fit and fabulous. Could this be the start of a glorious trend continuation? Let's explore!
2.) 🚀 Bullish Pennant Unveiled: Post-recent pump analysis reveals a promising bullish pennant formation. Buckle up for potential upward swings!
3.) 🌕 Bullish Moon Vibes: Riding the wave of a bullish moon cycle. The stars (and the moon) are aligning for a probable continuation of the upward trend.
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MOMO LongI don't usually post trade setups that include eliott waves, however this one is really captivating.
MOMO completed a 5 wave Impulse from its low before recently completing an ABC correction where the second wave completed at a perfect bearish bat, and then the wave hit its measured move below the key support level. The correction waves bottomed out at a key level from history that coincides with the 0.618 fib retracement level from the low to high of the Impulse phase. This potentially signals a wave 2 completion of a larger 5 Wave Impulse up
One of the strongest setups we look for is a spring backtest, where an asset falls below a key level, before springing back above that key level and backtesting it as support. In this case we are yet to backtest it as support. However, we have sprung and are showing lots of bullish divergence, so within the community we have started to layer in from this level.
First target at a key resistance already gives us a 38% return against a potential 8% loss.
last try againThis is the situation: we have a symmetrical triangle, but we are within an expanding wedge. If the triangle is completed, the price will no longer fall. However, if the price fails to reach 46K, then we could be witnessing a drop to 38K. It's worth noting that there was already a symmetrical triangle, and the fall destroyed it, confirming the existence of the expanding wedge.
🚀⤴️⤴️GOLD FULLBACK 2100)⏫️hello trader’s what do you think about gold)
gold fullbacks support levels 2047)
Gold if breakoutdown and this weekend looks better news CPI trader’s 2047) support levels and gold mowing fullback 2100)resistance levels)my position 2047) lounges 2100)
key levels 2080
key levels 2090
key levels 2100
Gold finished the year at $2,063 an ounce, climbing more than 13% in 2023 for its first annual gain in three years, and logging a new record high within the year mostly supported by expectations that the major central banks will start cutting interest rates early next year.
After implementing an aggressive rate-hiking cycle that started in early 2022, the US Federal Reserve is now expected to begin easing as soon as next March amid signs that inflation in the US is cooling.
Moreover, heightened geopolitical tensions in the Middle East and the prospect of a prolonged war in Gaza spurred safe-haven demand for gold.
IOTA IS LOADING UP BEFORE THE BREAK TOWARDS 0.60$-ALL SYSTEMS GOWe've discovered IOTA loading up for a massive move once it breaks the descending TrendLine that goes back to APRIL 2021.
IMAGINE breaking this after nearly 3 YEARS OLD, this is going to be explosive considering the status of the Crypto Market and the undervalued IOTA token.
Prepare your bags, this project is about to explode soon!!!
Target: 0.58$
ETHEREUM NAME SERVICE HEAD AND SHOULDERS PATTERN - 14.6$ TARGET!Upon analyzing the Ethereum Name Service (ENS) vs USDT, we've discovered an amazing Head and Shoulders Pattern in the Macro Overview that would take us arround 14$ , and can be extended towards 16$ .
These targets do also match the Fibbonaci 1.618 retracement from the highs on July to the lows of October.
This pattern is breaking at the moment and Backtesting the resistance as as support of 9.5$.
This is looking insane for a short term explosion!!!
Don't miss it out.
3 Vs 3 but waitI sold all my bitcoins last week, anticipating this moment. What we are witnessing here is a consolidation point. There are three structures that could drive the price down to 28K and three structures, including a well-formed bull flag, that could take us to 47K.
The intriguing aspect here is the presence of a symmetrical triangle that could cancel all the bearish structures, once again pushing up the price.
catalyst events:
Delayed bitcoin ETFs
Released Bitcoin ETFs
please Share your opinion in the comment solana in the 5D time frame: if this candle top of the red area is closed so the two target numbers is 220$ and 400$ and if the price is corrected so moving towards the green area the purchase can be profitable.
And in SOL/eth, because lower bull market time lower than beer market time, I find the bullish scenario acceptable