Get started

Cryptocurrencysignals

FXSUSD Emerging 1D Golden Cross.Frax Share (FXSUSD) is about to form a 1D Golden Cross, the 2nd such pattern within the 11-month Triangle. The first rose to a 2.0 Fibonacci extension High on February 09. A 2.0 Fibonacci rise on the current sequence from its last High would take the cryptocurrency to 10.000, on a potential contact with the 1D MA100 (green trend-line), the first since April 18. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:FXSUSDLong
by TradingShot
1
BITCOIN This'll be the last pullback before the parabolic rally** ETF anticipation ** Bitcoin (BTCUSD) is rising against the majority's sentiment, which is something it does more often than not, fueled of course on a large degree by the heavy speculation over the SEC's Bitcoin ETF decision. Fundamentally, an approval can certainly cause another leg upwards based on euphoria, before the effect recedes as we move towards Halving 4 in April 2024. ** The RSI's Fibonacci Channel motion ** Based on certain technical data on the 3W time-frame, we can technically see only a minor uptick and then a multi-week pull-back before the bullish trend is resumed. This is based on the 3W RSI, which is trading inside a Fibonacci Channel Down since its inception, testament that despite BTC's enormous long-term growth, each Cycle shows diminishing returns (as adoption gets higher). The RSI is almost on the 0.5 Fibonacci retracement level, which in the past has delivered a pull-back to at least the 0.382 Fib (exception September 2019 when it dropped lower as it corrected the huge Libra hype). The 0.5 Fib rejection is shown by the red arrows. When a rebound took place on the 0.382 Fib (green arrows) Bitcoin started a rally that never looked back. The whole price action is displayed by the blue circles. On top of that, see how beautifully the overall motion is depicted by the Sine Waves. ** Last correction before the rally ** Of course much depend on the upcoming ETF decision, but even in the event of a considerable new price surge, BTC should technically give one last pull-back at least to the 0.382 3W RSI Fib, that will most likely be the last opportunity to buy before the Bull Cycle's parabolic rally starts. Do you agree with this RSI Fibonacci projection? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
4
KLAYUSD is about to rise aggressively.Klaytn (KLAYUSD) broke today above its 1D MA200 (orange trend-line) for the first time in 6 months (since May 08). This is a major bullish break-out for the medium-term as the price is on the rise after making a Lower Low at the bottom of the 1 year Channel Down. That was the last Resistance to break in a series of bullish break-outs, first the 1D MA50 (blue trend-line), then the Inner Lower Highs, followed by the 1D MA100 (green trend-line). The price is about to form a 1D MA50/ MA100 Bullish Cross, and last time we saw this pattern (February 08), the price immediately responded with the 2nd part of the bullish leg's rally. We are targeting 0.26500, which would represent a +154.23% rally from the bottom, similar to the peak of February 20. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:KLAYUSDLong
by TradingShot
AVAXUSD Targets achieved. What's next?Avalanche (AVAXUSD) hit today our final (2nd) target of 15.5000 as we proposed on the bullish break-out signal we gave (see chart below) on October 04: The question is, does this rally still have fuel in it or it will correct now? A reliable indicator in this case is the 1D MACD which, while the crypto has been inside the Channel Down pattern, it peaked both times just below 2.0000. This peak was confirmed only after a Bearish Cross. As a result, this rally still has room to go higher and the strongest Target (1) is the top of the top of the (dashed) final Channel Down that remains valid at 21.500. A break above Resistance 1 (22.9000) could also deliver a test of the 1W MA100 (yellow trend-line) at 26.000, but it is very doubtful to see a greater extension without a meaningful pull-back first. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:AVAXUSDLong
by TradingShot
$SHIB Performing Falling wedge in Weekly TF soon Breakout CRYPTOCAP:SHIB Performing Falling wedge in Weekly TF soon Breakout Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern. In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows. Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows. If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips! A good upside target would be the height of the wedge formation.
BINANCE:1000SHIBUSDT.PLong
by Crypto-Adda_Official
ETH getting ready to drop to some massive supportSure, there is upside to 1780 and it could keep climbing, but I think we're going to see it drop before that occurs. There is a support trend heading in the bearish direction Then you have two really weak resistance lines developing on short term charts. Which makes me think it's about to see a drop off of those and then head to the bearish support trend. This is the best part because a lot of trends are leading to the same spot, which is a massive support trend climbing in the bullish direction. Personally, I see a fast movement down and then the next movement taking the price to 1745-1780 before coming back down to test 1690 again. Price target is more important, the 1608 target, the 1680 rejection, and the 1700+ line. I'll likely keep the updated price targets for this chart on my site, but otherwise, you'll need a new chart should the 1608 line fail or should the green trend break, which is a BIG time exit point trigger.
BINANCE:ETHUSD
by nicktussing77
2
LDOUSD Expecting a 1D MA50 pull-back.Lido Dao (LDOUSD) has finally broken above the hurdles of the Lower Highs trend-line that kept the trend bearish throughout the majority of 2023. Ahead of the first 1D Golden Cross pattern in more than 9 months, it is possible for buyers to take some profits around Resistance 1 (2.4850) and the 0.618 Fibonacci level (2.4125) and look to buy after the Golden Cross. Especially with a 1D RSI vastly overbought near 80.00, we are expecting a pull-back towards the 1D MA50 (blue trend-line) and 0.382 Fib in order to buy and target the 0.786 Fibonacci retracement level at 2.8000, which is practically Resistance 2. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:LDOUSD
by TradingShot
2
BITCOIN Is this the temporary Top before the Halving?Bitcoin (BTCUSD) has almost hit 37k today, and is getting closed to the 0.618 Fibonacci retracement level (39300), which is a key level for the Bull Cycle. We may be seeing a temporary Top for the market on what can be the start of a few months of sideways trading/ consolidation before the price starts rising again towards Halving 4 (April 2024). The reasoning behind this assumption is that the Higher Lows trend-line that starts at the bottom of every Cycle, formed medium-term Tops (green circles) in the past two Cycles on February 15 2016 and February 10 2020, as it turned into a Higher Highs Resistance. The price has been at or marginally below the 0.618 Fibonacci level on those occasions. At the same time, the dashed Higher Lows trend-line always supported, with the exception of March 2020 and the COVID crash, which was a market extreme. Every Cycle has so far had its own extreme event below the dashed Higher Lows, whether that was the Bitfinex crash in August 2015 or more recently the FTX crash in November 2022. Needless to mention that after a certain point, the 1W MA50 (blue trend-line) always becomes the Bull Cycle's long-term Support, and it appears that we are once more past this level as it successfully held from August until September. It is therefore very encouraging for long-term investors that both the 1W MA50 and the dashed trend-line have most likely turned into the Support levels that will lead to the point that the Parabolic Rally will take off but at the same time, we may be entering a phase where for a few weeks, BTC will trade sideways in a potential new accumulation phase. So what do you think? Is Bitcoin about to price a temporary top or will it march past the 0.618 towards 45k-50k? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSD
by TradingShot
3
Prepare for a major ALTSEASON ahead!We believe the alt coin market is starting a major rally and the indicator is a simple 1M MA50 (blue trend-line) test on the BTC Market Cap Dominance (BTC.D). Every time the market has touched its 1M MA50, the alts market (orange trend-line) has started an aggressive rally, which is what we call 'Altseason'. Since September 2019, this is the 3rd time we will have such a major Altseason event and since we are before BTC's Halving, it will most likely not be the last of the current Cycle. Have you picked up your alts already?? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTOCAP:BTC.D
by TradingShot
1
KASUSD Pull-back soon, which will be a buy opportunity.Kaspa (KASUSD) has been on a 5-day bullish run as it first consolidated on the 1D MA50 (blue trend-line) and bottom (Higher Lows trend-line) of the 5-month Channel Up, solidifying it as the Support. The 1D RSI is extremely overbought above 80.00 and soon that should transcend into a technical pull-back. The current rise resembles that of June, which extended to +105%, then pulled-back near the 0.5 Fibonacci retracement level and the 1D MA50 and started the final and most aggressive leg of +155% to the Channel's new Higher High. As a result we will look to buy at the end of a potential 1 week pull-back and target 0.16000 (estimated +155%). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:KASUSDLong
by TradingShot
2
NEOUSD Amazing rally but it's coming to an end for now.NEO (NEOUSD) had the strongest 1W green candle last week since April 2021, which was towards the end of the previous Bull Cycle. Even though it broke above the 1W MA50 (green trend-line) for the first time since December 06 2021, also using the 1W MA50 (blue trend-line) as Support, the rally stopped on Resistance 1 (15.7500). This is technically putting an end to this hyper aggressive bullish sequence, until we see a week closing above it. The 1W RSI also got rejected on the 70.00 overbought barrier. A similar price action was seen during the accumulation phase of the previous Cycle and fractal wise we could be in a similar situation as the October 28 2019High. Of course this time, the 1W MA100 broke, while in that past phase it broke after Bitcoin's Halving. Regardless of that, we may have an opportunity to buy NEO on the 1W MA50 again, unless it closes a 1W candle above Resistance 1 first. In both cases, the target is the 0.5 Fibonacci retracement level at 29.00. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:NEOUSD
by TradingShot
2
BITCOIN Closer to the Parabolic Rally than we think!Bitcoin (BTCUSD) typically starts the (final and most aggressive) Parabolic Rally sequence of the Bull Cycle straight after each Halving event. The next one (Halving 4) is expected in April 2024. Not too far away but the Vortex Indicator (VI) and Bollinger Bands Width (BBW) on the 2M time-frame show, we may be on the verge of starting it before the Halving. As you can see, the BBW historically bottoms after the Halving and may have as a Support a (dotted) Lower Lows trend-line. It is on course to bottom there in March 2024. But it is the VI, which may only be max 2 months away from making a Bullish Cross, which is a formation it has historically done right before BTC starts a long-term sequence of straight green candles (Parabolic Rally) straight to the Bull Cycle's peak. As a result, we may see this cross taking place on the next 2M candle (Jan 2024). What do you think? Can it be that we are that closer to the start or a "green only candle rally" than we think? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
50
ETHUSD SELL | Day Trading Analysis Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity ETHUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
BINANCE:ETHUSDShort
by TheGrove
30
$REN near to Breakout Trading a descending broadening wedge pattern involves a systematic approach to identify potential entry and exit points. Here's a step-by-step guide on how to trade a descending broadening wedge: **1. Identify the Descending Broadening Wedge:** - First, you need to recognize the pattern on a price chart. Look for two converging trendlines with the upper trendline sloping down more gradually than the lower trendline. This pattern typically forms during a downtrend. **2. Confirm the Pattern:** - Confirm the descending broadening wedge by ensuring that the price touches both the upper and lower trendlines at least twice. **3. Entry Point:** - Trading the descending broadening wedge involves waiting for a breakout. You can choose to enter a trade when the price breaks above the upper trendline (bullish breakout) or below the lower trendline (bearish breakout). - It's essential to wait for confirmation through a strong candle close outside the trendlines and, preferably, with increased trading volume. **4. Set Stop-Loss and Take-Profit Levels:** - Implement risk management by setting stop-loss and take-profit levels. A common approach is to place your stop-loss just below the lower trendline (for a bullish trade) or above the upper trendline (for a bearish trade). - Take-profit levels can be determined by measuring the widest part of the wedge and projecting it in the direction of the breakout. This gives you a target price. **5. Risk-Reward Ratio:** - Ensure that your potential reward (profit) justifies the risk (loss) you're taking. A common rule of thumb is to aim for a risk-reward ratio of at least 1:2, meaning your potential profit should be at least twice the size of your potential loss. **6. Monitor the Trade:** - Once you enter the trade, monitor it closely. Pay attention to how the price behaves around your stop-loss and take-profit levels. - Consider moving your stop-loss to break-even or trailing it as the price moves in your favor to protect your gains. **7. Trade Management:** - If the trade goes against you and the price reverses inside the wedge, consider exiting the trade to limit losses. - If the price breaks out in your favor, let the trade run until it reaches your predetermined take-profit level or until you see signs of a trend reversal. **8. Trade Psychology:** - Stick to your trading plan and avoid emotional decisions. Market conditions can change rapidly, so it's essential to have a clear plan and discipline. **9. Confirm the Trend Reversal:** - Keep an eye on other technical and fundamental indicators to confirm the potential trend reversal suggested by the descending broadening wedge. Additional confirmation can improve the reliability of your trade. Remember that trading involves risk, and not all pattern breakouts result in profitable trades. It's crucial to practice risk management and only trade patterns like the descending broadening wedge when you have a clear plan and confidence in your analysis. Additionally, consider using other technical and fundamental analysis tools in conjunction with pattern recognition to make informed trading decisions.
RLong
by Crypto-Adda_Official
$iris started.. Breakout gonna huge NSE:IRIS Performing Falling wedge in 1D Keep eye on Breakout Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern. In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows. Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows. If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips! A good upside target would be the height of the wedge formation.
ILong
by Crypto-Adda_Official
6
BITCOIN Will a BTC ETF mirror Gold's post approval +350% rise?Undoubtedly it's been the talk of the year. We are talking of course about a potential Bitcoin ETF approval by the U.S. Securities and Exchange Commission (SEC). Many analysts believe that BTC's recent rise has been due to euphoria on a potential positive result. Expectations certainly are not always met but this time, they are higher than ever. ** Are Bitcoin and Gold comparable? ** So, do we have any historic framework to relate to and work on? Possibly. Bitcoin (BTCUSD) has been dubbed as the digital Gold due to its store of value (theoretical) attribute. Even though they are different markets and two assets that certainly have different volatilities, it is understandably so, as Bitcoin (portrayed on the chart by orange trend-line) is relatively new (compared to Gold's traditional monetary backing), on much lower capitalization and is natural to be so volatile in its early stages until mass adoption happens and the market matures. ** Gold's ETF approval pattern ** As a result, Gold's ETF introduction back in March 28 2003 may be the perfect (and perhaps only dependable) comparison we can make if we want to put a potential Bitcoin ETF approval into context. As you can see, Gold (portrayed on the chart by the candles) rose massively by +350% since its ETF approval. The rise from the previous peak (January 1980) to the post ETF one (August 2011), has been +124%. Even though they are on different time-frames (but understandably so as Bitcoin is digital and moves on a much faster pace), we have adjusted BTC's last Bear Cycle and the subsequent first Bull Cycle rally, on Gold's price action from the 1980 peak to the March 2003 ETF approval. Of course this assumes that Bitcoin's ETF will be approved and even more so now, but this is the only basis for comparison we can make. When/ if approved, the width (and price ranges) can be adjusted. ** Bitcoin's projection based on Gold's ETD pattern ** So on the right chart we can see a post ETF approval projection for Bitcoin based on Gold's pattern. As +350% rise would push the price near $160000. The symmetry is astonishing as the peak-to-peak trend-line from BTC's November 2021 High to that potential +350% one (160k) would also be +124%, exactly like Gold's! Amazing coincidence indeed but certainly shows us just how pattern recognition and comparison can give interesting results. Especially on identical fundamentals. But what do you think? Will a SEC approved Bitcoin ETF follow into Gold's footsteps? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSD
by TradingShot
3