Right now, I can't find a better example of a rising wedge breakdown and retest on the weekly timeframe than on the BTC dominance chart. This is incredibly promising for anyone holding altcoins Six months to glory for our alts !! ETHBTC to the moon in Q1
BTC has been consolidating in a big bull flag pattern since March of this year. It has touched the resistance 5 times and support 3 times. Currently tested the support yesterday at 300EMA $53K. It can touch GETTEX:52K which is the 618 fib level. However, IMO the correction is almost done and we are on the way up from here. BTC Swing Long Setup Entry: $53K SL:...
I am even bullish from here. However, there is a scenario in which I see BTC make another leg down to 52K level which is a 0.618 fib level and full flag's diagonal support as well. Target should be 100K. Trade Setup Entry: 52K TP: 100K SL: 48K RR: 12:1 To The Moooooonnn !!
Chart Idea - ETHUSDT ETH is looking bullish for upcoming days/weeks. There is a local supply zone between 2800-3000. It needs to close and confirm above 3000 and bears are toast.
BTC has now filled the weekly fair value gap around the GETTEX:48K - GETTEX:49K range in the first week of August, which was originally formed in February earlier this year. Interestingly, during that same week after 2014, whales accumulated most of the BTC. The weekly closing candle has printed a pin bar candle to the upside, indicating a strong potential for...
Swing Long Setup Entry - 21200 SL - 19900 TP - 23600 RR - 2:1 Not a financial advice... Do your own research !!
I have rarely seen a cup and handle created on weekly this beautifully. Acc to this cup n handle pattern, the TP is coming around $290K. I personally will start booking profits once the monthly RSI hits around 90. Bearish divergence on weekly will give further confirmation to start selling in big chunks. It doesn't matter what the price would be and what the month...
TOTAL3 finally broke out the bull flag. Raging ALT season is here. I am super bullish on ALTs atleast until Jan 2025. This is one of the best chart out there. I do not need to explain here as everyone who knows about the ABC of trading would know what a bull flag break out is and what the TP would be. Let's go to the moooooonnnn !!!! NOT A FINANCIAL ADVICE! DYOR
Beautiful Descending Broadening Wedge formed on Daily TF. Too bullish once breakout gets confirmed. Entry: 19500 SL: 19000 TP: 21000 NOT A FINANCIAL ADVICE!! ------ DYOR ------
Entry: 990 SL: 950 TP: 1185 RR: 5:1 Not a Financial Advice!!! ----- DYOR ------
E-Mini Dow Jones had been making a bearish divergence on daily TF since July 2024. We also have been seeing it in an upward trend since Aug of this year. It finally it breaking today. It seems that the daily candle will close below the trend line today. If it does, we can look at the beautiful short setup on the retracement. Entry - 42950-43000 SL - 43600 TP1 -...
BTC chart looks confusing one right now. I am super bullish in next 2-3 months. However, there are two scenarios which I would like to share with you all here could play out in short term. Scenario 1: BTC breaks down one more time from this diagonal resistance and daily 200 EMA, and get the liquidity from 50k-52k zone before moving back up. Scenario 2: BTC...
Swing Short Trade Setup - 8-10 Weeks Entry: 82.00 TP1: 74.10 TP2: 66.86 SL: 84.84 RR: 5 to 1
NQ made triple bottom in Oct, Nov and then in Dec 2022. Since Dec 2022, NQ made a diagonal support line which was briefly broken on Aug 5th dump but then closed the week above this support line. In that dump, it made a double bottom at 17350 which is super bullish. 17530 was also a 0.382 fib level which was tested and respected as it didn’t close any candle below...
BTC.D already broken the rising wedge in May/June this year and now retested strong weekly resistance at 57.17% in the first week of Aug this year when global markets went down. IMO, it was a capitulation event for this year before the next big leg up in all assets. A lot of people are concerned and asking about the ALT season this bull market. I believe this...
Buy Buy Buyyyyyy --- Screaming buying prices .. It's like a black friday sale... - Hitting 300EMA on Daily WoW - RSI is at 24 - Filled the fair value Gap Buy ALTS is you can.. Thank me later !!!
Swing Long on CHFSDG Confirmations: - Making a double bottom on daily TF - RSI is oversold on daily TF - Already made a reversal on 4hr TF Entry - 1.49552 TP - 1.53181 SL - 1.48433
Inverse head n shoulder in 4hr TF TP hit today. Swing long is still on.