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Last BTC drop before continue growth?Hey traders! Here is a fresh update about market situation. Seems like we started to move in 3rd correctional wave of Elliot Waves and according to Fib Retracement we could possibly go to the level around 56.000$. This level is also huge support level for the bullish flag, in which we're moving already for 3 months. Plus, the RSI is also going lower and looks like it could touch the edge, if we're going to 56k level. If you're planning to trade, I will try to catch up the long position after the 3rd wave movement will come to the end. What's your thoughts?
BINANCE:BTCUSDShort
by SheTradesHub
EURUSD: Top-Down Analysis & Trading PlanThe EURUSD price recently broke and closed above an important daily resistance level after a period of consolidation. This broken structure now acts as a new resistance area. There is currently a retest of this broken structure going on. To consider going long on the pair with confirmation, look for a bullish flag pattern on the 4-hour timeframe. Confirmation of buyer strength will come with a breakout above the resistance on the 4-hour chart. A bullish trend is expected to continue towards the 1.0778 level.
Long
by linofx1
6
ETH: POTENTIAL BULL FLAG FORMATION!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! ETH is trading above the $3300 level which is quite a strong support. As you see in the chart, it is forming a bull flag-like structure in an 8-hour time frame and is currently, trading inside it. Once it breaks out from the bull flag we might see a good 30-40% rally to the upside. Also, there is positive news that the SEC could approve spot Ethereum ETFs by July 4 so this definitely gives a good boost to ETH and Alts. Entry range:- $3280-$3380 Targets:- $3900/$4200/$4600 Invalidation:- Close below $3250 What are your thoughts on ETH's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
2
Dusk Network - 200% waiting to be collectedOn the above 4-day chart price action has corrected 70% since the year began. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Regular bullish divergence. All but one oscillator continues to print positive divergence with price action. 3) Look left. Price action confirms support on past resistance. 4) Bull flag breakout. Flagpole measures 200% from breakout. 5) GRM support confirmed. Is it possible price action corrects further? Sure. Is it probable? No and no. Ww Type: trade Risk: <=6% Timeframe for long: Now Return: 200%
Long
by without_worries
3
Dollar Index (DXY): Bullish Trend Continuation Pattern I see a nice bullish pattern on an hourly time frame on Dollar Index. After the price set a new higher high, the market started a correctional movement within the expanding channel. Such a channel is called a bullish flag pattern. Bullish breakout of the resistance of the flag is a strong bullish trend-following signal that indicates the strength of the buyers. With a high probability, the market will keep growing. Next resistance - 106.25 ❤️Please, support my work with like, thank you!❤️
TVC:DXYLong
by VasilyTrader
1