Bullishsetup
BTC/USD: Possible accumulation zone toward new ATHBitcoin could to continue bullish forming this Elliot Wave Analysis. Maybe, I thinking that Bitcoin it's in the phase #4 in development
.
Also, we could to forming a ascending triangle that it's in formation to take in our radar!!!
This it's just my idea!!!
#SMH and all semi plays#SMH is seeing increased bullish volume ( blueish nodes ) compared to bearish volume ( orange nodes ) on the volume profile sitting on a great spot ontop of a volume shelf with plenty of room to push to the top side if we can keep this trend so far don't dive into plays in current market ease into them to manage your risk as best as possible
ADA/USD: Long Position toward $1.37 USDCardano forming this bearish channel, but also, I want to share this analysis in Daily timeframe here where I believe that we're in the bounce zone.
Now, in H4 I look a simetric triangle in formation, but in RSI I look that RSI it's making a lower high in H4 timeframe, and also in Daily we can to look it.
It's interesting in this long position, I will buy to long position in the market price, my SL will be set around $0.95 USD. You can to put your SL around $0.95 to $0.90 cents.. Now, my target will be so longer for days around $1.37 USD.
ETH/USD: I expect this bullish reversal toward $2,700 USDIn this Daily analysis, Ethereum could to make this bullish reversal and after this drop of Ethereum from $3,200 USD in the past weeks. We look that Ethereum need to make a reversal before to continue drop. At least in my point of $2,700 USD approx.
I hope that this quickly anaysis will support you!!!
ETH/USD: Bullish momentum Ethereum it's look extremely bullish in H4 timeframe. So, we could to put a buy order limit at $3,335 USD and SL at $3,240 USD. And my target toward $3,680 USD approx. I look a long position in Ethereum into this bearish channel. This it's just a pump and reversal into the trend in Daily timeframe and following the H4 timeframe as Ethereum it's being lead for H4 timeframe.
This it's a risk/benefit of 1/3.8. It's an great benefit if Ethereum reach my target toward $3,680 USD. A risk of 2.90% and benefit of 10.20%
ADA/USD: Bearish Channel and Bullish Divergence in RSIIn Daily timeframe, we look a bearish channel where Cardano confirm this chartist pattern where I put these 4 red arrows, they are an indication of the point of this bearish channel pattern. And also, I mark 2 liquidity points that maybe it's a scenario of institutional where they use it to make liquidations that work like key points.
Also, in the RSI it's very strange that show us a lowe high in this indicator and price action mark lower low. That it's strange that it's appear a bullish divergence in this analysis. And that could be a signal of go back to the bull rally in Cardano. So, If Cardano break up the liquidity point in the level of $1.61 USD. We could to see a possible bullish movement and return of bulls.
I hope that this idea will hope you so much!!!
Crypto Elliott Wave Analysis: YFI Is Forming Bullish SetupHello Crypto traders!
Today we will talk about cryptocurrency YFI in which we see pretty clear bullish formation, at least for a short period of time.
Crypto market is bearish in general and most of ALTcoins are still looking lower, but YFI is currently one of the strongest and we can already see it turning nicely up with five waves after a completed big (A)-(B)-(C) corrective decline from the highs.
Five waves up from the lows suggest that market found the support/bottom, at least temporary one. So, recent rally we see as a first leg (A)/(1) that can be now followed by a three-wave A-B-C pullback in wave (B)/(2) before we will see further rally into wave (C) or maybe even wave (3).
Ideal support would be around 61,8% Fibonacci retracement and 27k-25k zone, while invalidation level is at the previous 17k lows.
Be humble and trade smart!
If you like what we do, then please like and share our idea!
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Bitcoin: What Scenario there in the chart?Bitcoin it's in the middle of this structure and price turn around $47,500 USD. Now, I believe that Bitcoin could to drop around $42k key possible level to confirm this level like support. But, we can't to say it. But in case that Bitcoin break the $42k, bears will go to crash the Bitcoin price toward previously level at 30k approximately. Also, another hypothesis that I put here it's that in weekly timeframe we look a formation of bearish pattern like double top and that will be a bear signal that bull rally just stopped at 68k (new higher price)
But in any case, we should be prepare for this both scenarios. But in me, I'm bearish in cryptocurrencies and Bitcoin. But I consider this analysis like neutral.
BULLISH ON TATA STEEL LTD.NSE:TATASTEEL
currently taking good support and shows bullish reversal . and also there is common pattern which this stock shows earlier also as after taking support on Simple Moving Average 44 , show bullish trend in a WEEKLY time frame.
IT CAN BE A GOOD TRADE.
Do your own analysis before investing.
Another setup for TONE/USDTOn the last TONE setup all targets got hit. (idea below)
Tone have been pulling back.
On the 8H chart you see a clear hidden bullish div.
on the 4H you see a possible elliot correction wave,
At the moment theres some bullish divergence on the rsi
and the MACD show early signs of a possible reversal
Tone got some strong resistens at .10 but this setup is the first with a measured move higher than .10
Tone has some strong fundamentals, we could see a much higher price in the furture.
Trade safe, and profit will come by it self.
SOL/USD: Buy in the 0.618% Fibonacci Solana it's showing us an interesting long position in H2 timeframe and also in H1 timeframe. I'm more enfocous in H2 timeframe, we look that I mark these 2 blue arrow that show us a bull candlestick signal and this cryptocurrency could to continue climb in the next hours.
Now, Solana touch the 0.618% Fibonacci retracement, this it's the golden zone that you can to put a long position in this cryptocurrency.
My price entry was around $246.33 USD with the SL at $234.29 USD (0.88% Fibonacci level) and my target at $277.46 USD (-0.618% Fibonacci target)
H4 timeframe it's look bulish too!!!
Good luck!!!
ADA/USD: Key support zone to holdCardano it's in the neutral market in hourly timeframe since a lot weeks. But I believe that we could to entry in the accumulation phase to go to make any movement.
So, we hold this key support zone above of $1.87 USD and also, you can to entry to long position. You can to put your SL at $1.68 USD and target at $3.10 USD (The new historical maximum price).
In my part, I'm in long in Cardano and Bitcoin for now.
BTC/USD: Shoulder Head ShouderIn H4 timeframe we see a Shoulder Head Shoulder (Inverted) and also, I look a bullish flag channel in H1 timeframe. But now, I want to just enfocous in H4 timeframe, we look another bullish perspective for Bitcoin price.
Meanwhile, in Daily timeframe, we closed up with a bullish hammer candlestick. For the moment, there's not any bear signal that Bitcoin drop to $56,000 USD key support level to long term by bulls.
Also, as we look this bullish flag channel, we see a break out and pull back in this zone at $62k level.
This it's the break out and pull back in H1 of this bullish flag channel. It's bullish signal in the Bitcoin price.
I entry in long position in the market price live with the SL at $60,867 USD and my own target at $69,709 USD
Good luck!!!
ETH/USD: Break Out bullish rising wedgeEthereum made a break out now in this chartist pattern; bullish rising wedge in H4 timeframe
The main support it's around $4,267 USD to hold Ethereum above of this level in the yellow zone.
At the moment, there's not any buy for now, just we need to hope that Ethereum make like a pull back in this chartist pattern after of this break out. And also, to share more deep, before to forming this bullish rising wedge, we formed a little symmetric triangle, it's a flag pattern, then Ethereum make a little drop of 2% approx. and recover and we forming now this chartist pattern bullish rising wedge
So, we hope next long entry in ETH/USD!!!
Ethereum to $9,000 USD in few weeks!!!Ethereum forming a cup and handle pattern in weekly timeframe. This it's a bullish pattern. Ethereum could to reach 133% approximately only measure the base of this cup from bottom to top, and measure the future forecast where Ethereum it's leading for.
My next prediction will be $9,000 USD in few weeks.
So, Ethereum it's becoming more expensive every time as the price increment together with Bitcoin.
I hope that this idea may to support you!!!
GBP/AUD: divergences RSI and Price ActionGBP/AUD it's showing us in H4 timeframe a bullish divergences in the RSI and price action. We look that the price action made lower low and RSI made lower high. So, investor want to take this par to the yellow flip that I show here in this screenshot.
www.tradingview.com
So, I just put a small long position in GBP/AUD. This it's a good profit of 95. With the loss of 40 pips.
Details:
1. Trade Posiiton: Long Posiiton
2. Entry Price: $1.8535 AUD
{b]3. Target Profit: . $1.8629 AUD (95 pips)
$1.8493 AUD (40 pips)
ETH/USD: Long Position
I look good zone that we could to bought Ethereum spot contract in H4 timeframe. But. I will going to analyze in H1 timeframe. So, for now, in each trade I will going to analyze from H1 timeframe and based the analysis in H4 timeframe.
Trade Information:
1. Trade Position: Long
2. Pending Order Price: $3,810 USD
3. Target Profit: $4,076 USD
4. Stop Loss: $3,696 USD
5. Risk/Benefit: 2:4
Bitcoin it's repeating the bull cycleI make this elliot wave analysis as now, we end the phase #2 of the bullish elliot wave cycle, so, we're entry in the phase #3 in the Bitcoin price. So, Bitcoin will be make a large bullish movement toward the new ATH that we could to leading to $100,000 USD in few weeks.
I can't to predict that Bitcoin could to leading until $500,000 USD, but I can to use the same parameters what Bitcoin do in the past as I show here.
Now, I will going to analyze the others timeframe and the past years how Bitcoin made movement using BLX or Bitcoin yearly timeframe as I called it.
Guys, if you found out that this idea may to support you, please share this idea with others crypto-traders to know my perspective in the market.