W-pattern
easy long play on Apple mid-termnice candlestick pattern, apple 1M chart forms a sequence of three distinct candlesticks within the broader context of an uptrend.
Perfect with the drop of AI play by Apple, serious and simply AI, not like other AIs play for the fomo and to the moon shit.
Bitcoin On-Chain: Is The Cycle Over Already?In this analysis I want to discuss a (most likely) unpopular view on the market. Namely, that the "cycle" is already over and that the peak is in for now.
Preface
This is not my most likely outcome for the markets. You can find my most likely outcome below:
Still, it's always advised to keep an open mind and explore different potential outcomes.
Overview
When we look at the last 7-8 years of Bitcoin's newly created addresses we can see that this value follows a clear boom-and-bust pattern. It peaks (green) during mania when everyone wants to step into the market and it declines after the market has topped (red).
For the people who are wondering about the November 2021 peak: on-chain data peaked in Q1-2021.
What this chart suggests is that the "mania" phase of the market cycle is over and that the top is either in or very close. Once the mania phase is over, crazy gains are more rare and trading is more difficult.
I'm interested to hear your thoughts on this idea. Like I said, it's not my most likely outcome, but it's possible that we've topped after the ETF mania.
easy long play on Apple mid-termnice candlestick pattern, apple 1M chart forms a sequence of three distinct candlesticks within the broader context of an uptrend.
Perfect with the drop of AI play by Apple, serious and simply AI, not like other AIs play for the fomo and to the moon shit.
Bitcoin New Update
Next Best Current Support Is Between ($64500 - $66600)
BreakDown Will Lead A Flash Crash Till $60K With A Possible Wick
Holding The Support Can Test The ATH($73777) Again
Till Then,
Make Sure To Use Proper StopLoss Bitcoin (Update)
Next Best Current Support Is Between ($64500 - $66600)
BreakDown Will Lead A Flash Crash Till $60K With A Possible Wick
Holding The Support Can Test The ATH($73777) Again
Till Then,
Make Sure To Use Proper StopLoss
AXSIt seems that according to the maintenance of the upward trend line (we do not have a LL on the price chart), if the resistance range of $8.7 is completely consumed; The probability of the continuation of the upward trend similar to the scenario is high.
If this specified resistance area is not completely consumed, we expect a downward trend and the bullish scenario is invalid.
At the moment, we do not have a signal for a bearish trend on the price chart. On the other hand, a relatively attractive candlestick pattern tangential to the upward trend line has been formed for us.
What do you think?
AUDCHF - Wait For The Next Impulse!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 AUDCHF has been overall bullish, trading within the rising wedge in blue.
Currently, AUDCHF is undergoing a correction phase and it is currently approaching the lower bound of the wedge.
Moreover, it is retesting strong support zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support zone and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #AUDCHF 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
Bitcoin Bull-Flag Breaking OutIn my most recent BTC analysis I talked about a pending break out of a bull-flag pattern. My previous design was not the one the market agreed upon, so had to redraw the bottom support.
As expected, the price is breaking out through the top resistance as we speak. Wait for the candle to close for confirmation.
My view is quite bullish, so I'm expecting this break out to lead to a new ATH in the coming weeks.
Bitcoin's LAST Hurdle: Short-Squeezing To New Highs!Bitcoin has shown that it's ready for a new all-time high by printing relatively big green candles over the last 3 days. However, the 73k-74k area remains an area of big resistance. Previous buyers are looking for an exit, whilst patient bears wait for the perfect short.
My best guess is that Bitcoin is going to trade around the purple area for a couple of days, flushing out over-leveraged bulls and bears. However, the break out that will follow will likely be violent.
With all the short-stops lying above the current all-time high, it's more than likely that the new all-time high break out will take us multiple percentages above the current ATH. I'm personally aiming at 80k within the first 1-2 days, potentially even 90k in the first week after the break out.
Be patient and dont trade small fake-outs.
PEPE - Breakout or Fakeout ? $BINANCE:1000PEPE (1D CHART) Technical Analysis Update
PEPE is currently trading at $0.0081162 and showing overall bullish sentiment after the breakout, if this breakout hold then we have good chance a price pumping.
If this is a fakeout then the price can break the support zone and fall more.
Overall we are looking at solid breakout with potential a for a good long trade.
Entry level: $ 0.0081479
Stop Loss Level: $ 0.0074780
TakeProfit 1: $ 0.0096355
TakeProfit 2: $ 0.0119873
TakeProfit 3: $ 0.0158114
TakeProfit 4: $ 0.0210186
Max Leverage: 3x
Position Size: 1% of capital
Don't forget to keep stop loss.
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Cheers
GreenCrypto
MAV Bullish Channel ReversalJust like my recent CYBER analysis, MAV is trading within a bullish channel. I'm anticipating that the low is in (for now) and that the most likely path forward would be a continuation of the trend.
Target at the top of the channel or 1.25$, stop below the recent swing lows.
CYBER Bullish Channel: More Gains Expected Soon!CYBER is a relatively new token on the Binance exchange. Since it's inception, this token has been mainly going up inside this bullish channel.
After a recent touch of the bottom support, it would theoretically be a great time to step in.
Target at 22$, stop just below the recent swing lows.
GJ Rising Wedge Break!Here I have GBP/JPY on the 1 HR chart!
Price has been following what looks to be a Rising Resistance and Rising Support forming a RISING WEDGE!!
Early this morning on disappointment of GBP strength, we seen price BREAK BEARISH strongly on the pattern!!
I believe price is now retracing to the Rising Support of the Wedge to test as a VALID BREAK for confirmation that price will CONTINUE DOWN!!
*Currently waiting on the Re-Test of the Rising Support Break! Upon VALIDITY, I will be looking to SELL!
HelenP. I Gold can break trend line and continue fall to $2290Hi folks today I'm prepared for you Gold analytics. A not long time ago price little declined and then made impulse up higher than the resistance level, which coincided with the resistance zone, but soon turned around and declined below this level, making a fake breakout. Then Gold reached the 2400 resistance level again, but at once rebounded and fell to the support zone, which coincided with the 2310 support level, and then rebounded and tried to grow. Price failed and in a short time declined lower the 2310 level, breaking it and later even reaching the trend line, after which rebounded up and broke the 2310 support level one more time. The Gold made a strong impulse up, an even higher resistance level to 2450 points, but soon turned around and started to decline. In a short time price fell to the trend line, thereby breaking the 2400 level again and now it continues to trades near this line. For my mind, XAUUSD will make a small move up and then rebound down to 2290 points, thereby breaking the trend line and also the support level. If you like my analytics you may support me with your like/comment ❤️
ONE - Looking like a moon trade #ONE/USDT #Analysis
Description
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+ The price has reached the broadening wedge pattern and is currently trading within the support zone.
+ I anticipate this support holding and the price rebounding from this zone. (However, if this support fails, our trade is invalidated.)
+ I'm initiating a short position at this point and will consider adding more once the rebound is confirmed.
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VectorAlgo Trade Details
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Entry Price: 0.01983
Stop Loss: 0.01595
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Target 1: 0.02251
Target 2: 0.02560
Target 3: 0.03124
Target 4: 0.03931
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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Best Regards,
VectorAlgo
WLD Perfect Reversal Trade Soon! Keep WatchWLD has been trading alongside a bullish trendline. This trade is based on the idea that this bullish support line will hold and cause the price to reverse from there.
Stop just below the May lows, target at the current all-time high (ATH).
three drives patternhello guys...
Before anything you should know I don't follow the exact fibo level and strict rules to find patterns!
Only the generalities of the subject matter to me.
rules:
- a sharp movement
- three-five drive one after the other
- the correction waves don't engulf the last correction
- always a divergence (rsi) helps
let's see some examples
BNB Massively Undervalued? $10,000 Potential!BNB has been making some extraordinary moves last cycle, where it bottomed around $4.5 and made it to $700 during the next top.
Looking at the chart, we can clearly see that BNB follows a bullish channel pattern. My assumption is that this channel will hold and that BNB will make a move towards the top of the channel.
$10,000 is possible, it's a "mere" +5,000% move from bottom to top, as opposed to last cycle's +16,000%.
Are you bullish on BNB? Share your thoughts.
🔥 Bitcoin In A Bull-Flag: Wait For Break Out!After successfully completing an inverse head & shoulders pattern, Bitcoin has seemingly found its way up again.
Over the last week, trading has been characterized by many ups and downs, but the trend is still bullish.
Bull-flags are classically bullish continuation patterns, so a bullish break out through the top resistance is to be expected at some point.
Wait for the market to show clarity. Wait for a break of either resistance of support. A new all-time high is around the corner.
Nifty 50 Reached CHANNEL Top. Wait for Breakout, which directionNifty 50 reached again "CHANNEL" Top. Wait for Breakout to confirm which direction. If Breakout above the Channel Top, it will become Very Bullish. Otherwise, it may come down.
I want to help people Make Profit all over the World. Additionally, I am eager to Receive Money form Worldwide because of my Potential.
Refer this image :
Cup O' The Morning!! - EUHere I have EUR/USD on the 1 Hr Chart!!
Price has been traveling in a Descending Channel and after the Test of the Support @ ( 1.0800 - 1.0810 ) last night, Price made a DRASTIC return to the Resistance!!
Upon the Price Action you can see that Price is getting ready to break BULLISH of this Channel via the CUP & HANDLE pattern forming!!
Price has given us the COMPLETION of the "BOWL"
NOW with price struggling to break to NEW HIGHS, we can expect price to come down looking for SUPPORT!!
Where at??
Taking the Fibonacci Tool, we see our Targeted Fibonacci Zone being the expected "Handle" levels are ( 1.08297 - 1.08381 )
*If price is unable to BREAK HIGHER, I will be looking for BUY OPPORTUNITES AT THIS ZONE!!!
My area of Profit Target, if the Pattern remains VALID up to the point of its Full Execution, will be the 1.0900 Area
