Rising Wedge
ENPH - Big play potential here! Massive Double TopEnphase Energy, leader in Solar & Green Energy Sector.
Enphase has recently seen parabolic performance skyrocketing the stock to All Time Highs.
While the stock is testing all time highs, it is still very overvalued with a P/e of 150.
The bear market has not taken its toll on Enphase yet, while it has been rising in this clear rising wedge.
What I see:
- A clear Double Top being Printed in Large Supply Zone
- Rising Wedge
- Overvalued
- Hasn’t got Bear market hit yet
Risks :
Earnings Growth
Market Meltup rally
Break above zone from possible cup & handle formation.
Bitcoin - The strongest support right now! 0.618 FIB
Today I woke up and saw a massive red dildo and I have to make an update and give you an idea, so keep reading!
As you can see on the chart, the price went down pretty significantly, but is it really a problem? I don't think so.
I detected an impulse wave that was completed a few days ago, and we are retracing this wave. There is nothing wrong with that. Currently we are at the 0.618 FIB retracement, which is a classic correction for an impulse wave (1).
The 0.618 FIB is a very healthy correction and usually the majority is selling while the smart money is buying.
If you think Bitcoin is going to 13k, let me know in the comment section.
Counter-trends are usually very steep, which can be seen on this chart.
Bitcoin is very weak compared to altcoins, very weak. This is an indication of an alt season to me.
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4 Hour Bearish Bat with RSI Bearish Divergence on USOILFrome the looks of things we have some Bearish Consolidation going on right now and the Bearish Bat is hinting to me that the 800 EMA will act as Resistance. If we break through the Demand Line of the structure i think USOIL will Begin an Accelerated Movement down to atleast $71 in the short term.
BTC Ascending Wedge BTC & ETH are both in rising wedge patterns, which coincides nicely with the VSA (volume spread) reads I've been getting for the last two weeks when analyzing them. As usual, rarely do we see a direct pullback or rally when these biases have been identified; that would be too easy. Instead count on BTC continuing to draw bull investors and pump riders into the game via micro-rallies, with the intention of trapping them within this geometric pattern when the supply floor suddenly gives way on the cusp of another so-called markup. Beware: the crypto ocean is teeming with sharks.
*Be sure to subscribe for more easy-to-follow charts with high win ratios (80-85% average) in hitting the Fibonacci profit zones. I've been trading crypto fulltime since 2017 and handpick all the runners myself after conducting a series of volume-to-spread reads and Wyckoff schematic comparisons. Check out my past charts & see the wins for yourself.
**Not financial advice. Always DYOR and trade at your own risk.
Ethereum Rising WedgeAscending wedge pattern emerging for ETH, which coincides nicely with the VSA (volume spread) reads I've been getting for the last two weeks when analyzing this coin. As usual, rarely do we see a direct pullback or rally when these biases have been identified; that would be too easy. Instead count on ETH continuing to draw bull investors and pump riders into the game via microrallies, with the intention of trapping them within this geometric pattern when the supply floor suddenly gives way on the cusp of another so-called rally. The same will happen with MATIC, we must be careful in this market. The crypto ocean is teeming with sharks.
*Be sure to subscribe for more easy-to-follow charts with high win ratios (80-85% average) in hitting the Fibonacci profit zones. I've been trading crypto fulltime since 2017 and handpick all the runners myself after conducting a series of volume-to-spread reads and Wyckoff schematic comparisons. Check out my past charts & see the wins for yourself.
**Not financial advice. Always DYOR and trade at your own risk.
Bitcoin - Next week will be extremely bullish!
It looks like next week will be extremely bullish for Bitcon and also for the altcoins!
Price is currently moving in the ascending parallel channel, so the bulls have strong momentum.
As per my Elliott Wave analysis, the first impulse wave has been completed, and I expect another 2 impulse waves to the upside.
23 000 USD next week is definitely possible!
There are no gaps that need to be filled on this chart, which looks safe.
The chart is printing a bullish flag, so wait for a breakout for confirmation!
I wish you massive profits!
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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EURJPY ! Trading in rising wedge, long trade idea.Looking at the 1-hour chart, EURJPY is trading in a rising wedge. If the wedge breaks down, it can reach 145.700. Right now, EURJPY has reached the resistance zone of 146.500-146.300. If this zone can be broken upwards, eurjpy up to previous high 147.360
Curve CRV - 2000% profit! (lifetime opportunity)
This is a once-in-a-lifetime opportunity to buy CRV at this very low price because this coin can explode anytime soon!
2000% profit is real, no problem at all. You can buy this coin on the spot market or you can open a long position on the futures market.
CRV is currently ranked #78 on coinmarketcap, so there is a lot of room to go up. The market cap is relatively low.
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.
This setup is amazing from the Elliott Wave perspective because you can catch the third wave of the third wave, which is a dream setup!
The main trendline is breaking out, and wave 2 has been completed. It looks very promising; do not miss this opportunity.
I don't know what about you, but I am buying this coin! You can buy it with a small amount of your funds, if you want to allocate your capital somewhere else.
All-time high resistance is of course a strong resistance, so I recommend taking profits below this major level to make sure you will get filled.
Look at my ideas about crypto's total market cap, Bitcoin, and LDO in the related section down below.
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EURUSD - BEARISH RISING WEDGE 📉The EURUSD price is in Bearish Rising Wedge & Double TOP Pattern 🧐
The neckline is broken 🔥 the support line of the rising wedge is broken 🔥
so, i predict a bearish move 📉 i'm waiting for a retest 📈
TARGET: 0.95952🎯
...
if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
GBPCAD - BEARISH RISING WEDGE 📉 The GBPCAD price is in Bearish Rising Wedge & Double TOP Pattern 🧐
The neckline is broken 🔥 the support line of the rising wedge is broken 🔥
so, i predict a bearish move 📉 i'm waiting for a pullback 📈
TARGET: 1.51932🎯
...
if you agreed with this IDEA, please leave a LIKE, FOLLOW or COMMENT!
✅Crypto - 2014 trendline is holding, open your eyes!
This is technical analysis; I don't care about interest rates or fundamentals! Leave this analysis if you care about wars, covid, inflation, interest rates, and so on.
95% of people will never buy at the bottom and never sell at the top.
These people will tell you we will go to 13k. When we reach 13k they will tell you we will go to 10k. When we reach 10k they will tell you we will go to 6k. When we reach 6k they will tell you we will go to 3k. When we reach 3k they will tell you they will buy at 1k and so on. These people will never buy during the bear market; they will buy at the top instead!
As you can see, the chart is extremely bullish. If you don't see it, then you are probably shorting support and longing resistance all the time.
This is really not the best time to be bearish. If we drop below the main specific support, then I will quickly switch my overview on the market. There's nothing wrong with that.
I am not a permabull or permabear. You know me well; today I can be bullish, tomorrow I will be bearish, and in two days I will be extremely bullish again.
It doesn't matter if I am wrong and Bitcoin goes to 13k. I can be right only 50% of the time with RR 1:2 to be profitable. I take swing trades with RR 1:20.
I think 2023 will be a very bullish year for the crypto market, but you need to hold good coins. Forget about ADA, SOL, XRP, DOT......These coins will pump, but not next year.
If you are bearish, tell me why in the comment section down below!
Which coin do you want me to analyze? Let me know in the comment section!
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✅Bitcoin - You must see this!
Bitcoin is the beast! Did you see that green dildo on DOGE? This is what is going to happen with Bitcoin, so hit the like/boost button if you want this scenario right now!
Doge is a great indicator that the bottom of Bitcoin is in and extremely bullish November starts in just 2 days.
If we maintain this parallel channel, Bitcoin could reach $23,000 USDT next week. No problem at all.
As per my Elliott Wave analysis, we have plenty of room to go to the upside because the impulsive structure is probably incomplete.
If you are bearish, comment on this idea to share your opinion!
The stock market can continue to drop while Bitcoin can go up. I don't see any issue with that. But the bottom of the stock market could be in as well.
Bitcoin may never fall below 20k again. But the price is still very cheap and very good for an investment with a great risk-to-reward ratio.
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XAUUSD ! gold is expected to up, long trade ideaThe gold is forming a rising wedge pattern, It is possible to break the bottom line of the wedge and fall to 1650 level. if you plan to trade long, it is better to enter at the 1650 level. If support is obtained above this level, gold can up to 1680 level.
Justin Sun's new scam. Technicals are bearish.First of all, there is a bearish divergence on the OBV
Second of all BTC HT shows incredible overbought status in stoch and RSI
Third, it reached resistance from October to November
Fourth, the volume is pale in comparison to the price 10~20m volume on a 1.4 billion token?
Fifth, Justin Sun has 1~3b in assets, he can't pump much further
Sixth, pattern shows Rising wedge which is bearish
Something is fishy here! The prices are fake or manipulated by Huobi. Something doesn't click. This pump is completely against the technicals. What's going on here. Sue Huobi.
Very low volume on HT token. Between 9 and 10$ topI'm bearish on HT. Justin Sun is actually hated in Chinese media for pumping and dumping his own coins. He probably bought cheap and will also dump on you. The volume profile is showing incredible low volume. It will top around 9 and 10$. I shorted 1x with tight stop loss.
Bitcoin BTC, Secret trendline from 2013! No one is talking about
This is the monthly historical chart for Bitcoin , and as you can see, we are currently at major and very important support!
We have a long-term trendline that is printed only on the LOG scale, and the majority of retail traders never use the LOG scale, so that's why it's invisible to them.
The trendline was established in 2013, and this is the one and only one trendline you can draw at this moment.
So what happens if we break this trendline and previous all-time high from 2017 in conluence? Well, it will be extremely nasty, and this bear market is probably going to be the longest in the history of Bitcoin . We can basically have a 10-year sideways/corrective structure. There is also a possibility of a drop to 3000 USD (not now, but later in 2024) to the previous swing low from 2020. This is a true bubble that will pop, not the previous 2014 or 2017.
Also, if we break this trendline, then I can make a complete lifetime impulse wave from 2009 to 2021, and we are prepared for a multi-year massive ABC correction.
But I have faith in this support because, why not? Any speculation on a breakdown is, in my opinion, very risky at this point. You don't want to short the support and long the resistance, you want to do exactly the opposite. But the majority of breakout traders make this mistake. First, they should wait for confirmation before entering a short position here.
Do you think the trendline will hold or not? Let me know in the comment section!
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My Journey for USDCHF [SELL]Helloo....My Dragon Friends.
i see Still HOLD at the resistance dan have another clue (Rising Wedge and Bearish Divergence).
Big Trend Still Sideways.
Sell USDCHF at 1.0000-1.0090
SL at 1.0100 (risk 100 pips)
TP1 at 0.9750 (Reward 250 pips)
TP2 at 0.9700 (Reward 300 pips)
TP3 at 0.9625 (Reward 375 pips)
Lets See
Happy Trading
Happy Hunting Profit
Watch Ur Money Management and Risk Management
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