#Bitcoin needs to reclaim the 70K!#Bitcoin update
BTC is forming this bullish parent/symmetrical triangle pattern in the four-hour time frame; here, 200MA is working as good support.
currently tapped into the support deeper till the bottom area and reacted a bit. Price Seems to be hodling the support and might gonna reverse from here.
we need to reclaim the 70K resistance for bullish momentum.
But for now, the
Dusk is still in the air; it is better to wait for the market to stabilize.
Stay tuned for more updates.
Longterm
MGRM 2 hour idea w/ MACD and High/Low + News.NASDAQ:MGRM is set to a 2 hour view. This is looked at with MACD and high/low code. The stock was slightly bullish with investment news, but has strayed bearish for a remainder of the time.
MGRM is a long-term trade, with high potential. The stock saw a high of $4.90 on the news, but didn't gain much traction. That was over a 70% gain on the day.
4/10/2024 news is that they signed with NVIDIA to a pilot program for AI software paired with their surgical robots.
20% Upside Potential idea 🔥 - PI Industries🔥 20% Upside Potential idea - PI Industires
This Trade Ideas is a type of Equity Investment which is designed to give you 10% to 20% return in short-term via #Equity #Investment.
✅ Stock Name - NSE:PIIND
Trade Process :-
✅ - Buy only at Buy Level as recommended in the chart. Use GTT feature available with all online brokers
✅ - On successful purchase, immediately create a SL GTT (Stop Loss level asper chart).
✅ - Once Stock Price is at Target 1 level, move your SL to Cost Price or 3% down from Target 1.
✅ - Keep Trailing the SL as Stock Price moves to next Targets.
Thanks
5% Trade Ideas #5PercentTrade -JUBLINGREA #5PercentTrade #Equity
5% Trade Ideas is a type of Equity Investment which is designed to give you 5% to 10% return in lest than 21 days via #Equity #Investment.
✅ Stock Name - NSE:JUBLINGREA
Trade Process :-
✅ - Buy only at Buy Level as recommended in the chart. Use GTT feature available with all online brokers
✅ - On successful purchase, immediately create a SL GTT (Stop Loss level asper chart).
✅ - Once Stock Price is at Target 1 level, move your SL to Cost Price or 3% down from Target 1.
✅ - Keep Trailing the SL as Stock Price moves to next Targets.
Bitcoin Bullish Retest🔥🔥🔥 I entry long BTC/USDT from $66300 stop loss 64000$ in the Futures wallet. It certainly won't hurt if you buy it long-term. 2024 is expected to have many innovations in Crypto industries. The selling plan is basically no worse than $75 000 or $80 000.
Bitcoin dominance is rising to 54%. Asian countries are gradually adopting Bitcoin ETFs. Bitcoin halving is 7 days away.
TIA - Shift In Momentum In Action 📉📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 TIA has been overall bearish , trading within the falling wedge pattern in red.
However, it is currently approaching a strong support zone and round number $10.0.
As long as the support holds, we will be looking for buy setups.
🏹 For the bulls to take over, a break above the last major high at $13 is needed.
In this case, a movement till the $20 round number would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURCHF - Wait For It ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURCHF has been overall bullish , trading within the flat wedge pattern in blue.
Currently, EURCHF is in a correction phase, approaching the lower bound of the wedge.
Moreover, it is retesting a strong demand zone $0.972.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and lower blue trendline.
📚 As per my trading style:
As #EURCHF approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURNZD - Follow The Flow 🌊Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURNZD has been overall bearish, trading within the falling channel in red.
Currently, EURNZD is approaching the upper bound of the channel acting as a non-horizontal resistance.
Moreover, it is retesting the upper bound of the short-term channel in blue.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the red and blue trendlines.
📚 As per my trading style:
As #EURNZD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDUSD - Wait For It ⏱Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NZDUSD has been overall bearish , trading within the falling wedge pattern in blue.
Currently, NZDUSD is in a correction phase, approaching the lower bound of the wedge.
Moreover, it is retesting a strong demand in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline.
📚 As per my trading style:
As #NZDUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBPJPY - Trend-Following Setup!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 GBPJPY has been overall bullish , trading within the rising channel in blue.
Currently, GBPJPY is in a correction phase, approaching the lower bound of the wedge.
Moreover, it is retesting a strong support in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline.
📚 As per my trading style:
As #GBPJPY approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDCHF - Already Over-Bought ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NZDCHF has been overall bullish , trading within the rising channel in blue.
However, it is currently approaching the upper bound of the channel again acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance zone at 0.55 - 0.552 marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper blue trendline.
📚 As per my trading style:
As #NZDCHF approaches the blue circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
SasanSeifi 💁♂ORN/ A Long-Term Bullish Outlook Hey there,✌
ORN has been on an upward trend since the $0.50 range in the long term. After breaking the long-term downtrend line, the price fluctuated from $0.70 to $1 for a while. Then, with the crossing of this range, the uptrend resumed and the price is currently trading in the range of $2.50. and is moving above the desired EMA. Considering the demand zone at $1.50, we expect further price growth in the supply zones of $3.50 and $4 in the long term. To better understand the continuation of the trend, we need to see how the price reacts to these levels. Of course, maintaining the demand zone at $1.50 is very important for the continuation of the uptrend. The possible upward trend of ORN is shown in the above image. On the other hand, if the price breaks below the $1.50 range, the probability of a deeper correction increases.
Remember, this is just a technical analysis and not financial advice. Always do your research before making any investment decisions.⚠
I hope this analysis was helpful! If you have any questions, feel free to ask.✌
Cheers to a profitable future!🙌
Long term Bitcoin channel ideaI want to share this idea, as it's quite possible. In 2021 it hit me as a sad realization that Bitcoin might not be in an exponential market anymore. I had this idea that perhaps bitcoin was leveling out into a commodity channel. Bitcoin is a commodity after all, so it sort of makes sense it would look more like the channels commodities with long term average supply and demand carry.
As we hit the upper limits of the channel I would be cautious about returning to support.
ATOMic Impulse Soon 💣Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ATOM has been overall bullish, trading within the flat rising wedge pattern in black.
Currently, ATOM is in a correction phase, approaching the lower bound of the wedge.
Moreover, it is retesting a strong support and round number $10 in gray.
🏹 Thus, the highlighted Atom logo with the blue arrow is a strong area to look for buy setups as it is the intersection of the gray support and lower black trendline.
📚 As per my trading style:
As #ATOM approaches the blue arrow zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURUSD - Bearish => Bullish 🎯Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 As per my last analysis , attached on the chart, EURUSD rejected the upper red circle zone and traded lower.
Currently, EURUSD is approaching the lower bound of the red wedge pattern.
Moreover, the $1.07 is a strong support.
🏹 Thus, the highlighted red circle with the blue arrow is a strong area to look for buy setups as it is the intersection of the blue support and lower red trendline.
📚 As per my trading style:
As #EURUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
LINK/BTC - Head and ShouldersHead and shoulders could be forming on LINK/BTC 5day. Measured move on this would put it up near all time highs likely beginning of next year.
Link could be a solid hold from here to the beginning of next year. May drop a bit more against BTC, but I think that would be an opportunity. Link may out pace Bitcoin to the upside during this next bull run.
BTC - Follow The Flow 🌊Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been overall bullish , trading within the rising channel in orange.
Currently, BTC is in a correction phase, approaching the lower bound of the channel.
Moreover, the highlighted red zone is a strong demand.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the red demand zone and lower orange trendline.
📚 As per my trading style:
As #BTC approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Build Your Dreams (BYD): Moving Higher!Build Your Dreams (BYD): HKEX:285
After closely examining the Chinese electric vehicle manufacturer BYD, we've concluded that there is a very appealing and interesting opportunity to start building positions. We are currently in an overarching Wave III. Wave II concluded at the low of 13.20 HKD, and the all-time high is currently at 63.10 HKD. We are now likely in a Wave 5, which should coincide with the completion of Wave (1). Subsequently, a deeper correction to Wave (2) is expected, where we aim to place our next long-term entries, but we also want to place a short-term entry now.
We have successfully completed Wave 4 and since developed Waves ((i)) and ((ii)). This Wave ((ii)) held precisely at the 61.8% Fibonacci retracement level at 28.19 HKD, and we should not fall below this before completing the overarching Wave 5 or Wave (1). We should also surpass the Wave 3 high of 40.40 HKD.
USDCAD - Already Over-Bought! Again...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 USDCAD has been overall bullish , trading within the rising flat channel in blue.
However , USDCAD is approaching the upper bound of the channel again acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance zone at 1.362 - 1.365 marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper blue trendline.
📚 As per my trading style:
As #USDCAD is around the blue circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MPC - Bulls Already In Control 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 According to our latest analysis, M PC rejected the $0.3 round number and subsequently broke above the last major high in red. Therefore, the bulls have already taken over.
📉 MPC is currently in a correction phase, retesting the red structure.
🎯 For the bulls to regain control and initiate the next upward impulse movement, leading to a continuation towards the $0.525 resistance, a break above the last minor high in orange at $0.42 is required.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
INJ - Injecting An Impulse 💉Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 INJ has been overall bullish , trading within the flat wedge pattern in red.
Currently, INJ is in a correction phase, approaching the lower bound of the wedge.
Moreover, it is retesting a strong support at $31.5.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower red trendline.
📚 As per my trading style:
As #INJ approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich