Channelbreak
AIOZ - LONG SetupNOT FINANCIAL ADVICE: This idea IMO for personal use only
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An idea for short term trade I just entered, so don't care about the utility.
Nice setup, scale out to the monthly / yearly view.
Entered: 0.96
TP1: 1.12
TP2: 2.50
As always, watch for volume, NFA, DYOR, check on-chain data. Always be watching BTC.
Good chat.🤖
BTCUSDT October Month Bull Overall (BTC going to 100k!).Bull Flag (End), Harmonics Pattern With Fibonacci Retracement (End), Channel (Breakout), Lead or Bump Phase (Continue) Trend Continuation Wedge (Continue), Double Bottom (continue), Inverse Head & Solder (Continue), Big Triangle (Continue)...All Pattern Exists On this chart Check Properly.
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BTC Update.....
I'm new here.....
Please check my previous IDEA. Then you can understand perfectly.
What you think about this Idea? Are you agree with me? Please let me know.
N:B: I'm not your financial adviser.
Thank you
Woodies CCI BreakoutThe main signal here is the Turbo CCI breakout of a major horizontal resistance. This is a strong confirmation of the continuity of the short and torm trends, which seems to coincide with the crossing of %R and RSI, signaling a breakthrough. The range of growth is visible through the linear regression in the price chart. If 345 is broken this year, we will probably see the ceiling of the linear regression provided shattered in the near future.
EURUSD: Weekly Forecast 17th October2021EURUSD broke above the top of a falling channel and a supply zone at 1.1590, marking an end of the current short-term bearish trend.
The market may falling into a ranging market or reverse into a short-term bullish trend towards the top of a 5-month falling wedge.
At the same time, the dollar is retreating from its high amid the market has already priced in a Fed tapering and needs more clue towards rate hike before dollar will strengthen again.
This week, we will be focusing on buying the bullish reversal, awaiting a pullback towards 1.1570 demand level.
Bitcoin Broke out of Parallel Channel?Very brief post here -- just drew this basic channel and was surprised how accurate it is on daily vs 30 min timeframe, so I wanted to share it. See 30 min below:
If this is something worth looking at to go by, I doubt we'd drop much further than 50k, if we drop at all.
GBPCHFGbpchf has been trading along that horizontal channel, till it got to that upper trendline. I would wait for confirmation to either go long or short. To go long, I would wait for that upper trendline to get broken then wait for a retest. To go short, i would wait to see reversal candles along that zone.
Happy trading guys.
XRP Diamond Bottom On 1H ChartWe just formed a perfect diamond, with bullish confirmation! Looking for a run on $1.64 before any chance of another strong draw back. If XRP is going exponential, expect a break of this range with a high chance of retracing from $2 to around $1.72.
Another way of viewing this, is from the Wyckoff Method. We are currently testing the "LPS" (Last Point of Support). Thus, the Diamond Pattern forming at the LPS strongly suggests we are now in Phase D of the accumulation event.
Zooming out, to the weekly chart, you will notice, that XRP is not only in Phase D of an accumulation pattern on the 1H chart, but also the 4 month chart AND the 4 year chart. Thus, XRP is primed for a 'Super Cycle' price rally over the next 3-4 months, which could lead to prices between $15-$94 dollars, based upon normalized historical price trends for XRP.
TLDR; STRAP ON YOUR PARACHUTES! WE'RE HEADED TO LOW EARTH ORBIT!
Helpful References for TA Newcomers;
Diamond Bottom Pattern in-depth breakdown
www.centralcharts.com
Wyckoff Method (w/ labelled 'accumulation' chart)
school.stockcharts.com
*Chart is a repost; cleaned up version of original.