Bullishpattern
Big breakout in suzlon Big breakout possible in suzlon with heavy volumes and strong RSI .
Buy suzlon above 65 (if it close above it )
Target 84 98 115
Sl 56.75
Bitcoin Weekly Chart analysis: Bullish scenarioBitcoin Weekly Chart analysis: Bullish scenario
1. We took Sellside liquidity of current consolidation range.
2. Weekly candle rejected from Weekly Orderblock and going to weekly iFVG(Grey rectangle).
3. Expecting it to bounce from Support(iFVG-W, grey rectangle) and continue to Buyside and probably make new high.
#Ethereum Update:Today was the first day ETH ETFs were traded.
The price of ETH is now correcting because this news is already known and has become just a formality.
What’s important about these ETFs are the volumes, which in the case of the #BTCETF approval initially put selling pressure on the market, followed by a larger upward movement.
I have two scenarios for this 1-day (1D) timeframe:
🟢 Green Scenario (Bullish): Possible recovery and increase in the coming days.
⚫ Black Scenario (Bearish): Short-term correction, but potentially very bullish in the medium term because a lot of liquidity has formed in that marked area and we also have an FVG (imbalance) on the W timeframe + resistance on that parallel channel.
Watch the market closely 3100-3300 and consider these scenarios in your trading strategies!
detailed important chart tells u why to buy AVAXin weekly chart can notice a breaking out of falling wedge pattern finally after more than 6 months..
the price now moving in huge ascending channel going to making new ATH in next few weeks..
u can see elliot wave in the chart and It's clear that elliot wave correction done
one of the biggest coins in the market ... ranked 11th in terms of market cap (11.871B)
it's on good support and suitable place to buy ... long term target is 200$
best regards ceciliones🎯
DOGE: DO NOT MISS IT HERE!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
DOGE looks good in the daily time frame. Breaks out from the bull flag-like pattern here and currently retesting the support trendline. Buy some here and add more in the dip.
Entry range:- $0.12-$0.13
Targets:- $0.173/$0.203/$0.274/$0.334
SL:- $0.1
What are your thoughts on DOGE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Quick long setupLooks bullish. Long trade placed. But I don't risk to hold it through the earnings ....
FIOUSDT Weekly timefarme IdeaBINANCE:FIOUSDT
A very Good project with a great chart.
first target is 0.052 and the 2nd target is 0.079
huge potential.
weekly breakout and RSI bullish Divergence spotted.
Not a financial advise.DYOR
|| HBARUSD || BREAKOUT PATTERN INCOMING!Current market sentiment has been fairly bullish resulting in a great week for the top 10 crypto assets, however, we are still to see a snowball effect onto assets outside of the T10.
Today I shall be discussing my perspective on the current Hbar market structure and why I feel it will be caught by the snowball to come.
At the time of writing this report, Hedera is sitting at 0.0737, which is also a strong level of resistance depicted by the fib retracement I have placed (38.2%)
Patterns: Let me start off with the defending bullish pennant we are currently in. This pattern although a good confluence alone, has been suppressed by the fib retracement 50% ($0.0720) which has in turn created a double bottom suppression breakout formation.
Both the pennant and double bottom patterns have targets set at 0.080, however, there is a level of resistance as my conservative target at 0.0785-93.
I expect price to break to the baseline of my DB formation at 0.0756 before completing the pennant formation by converting the pattern resistance into support before continuing. this action will add confluence to my projections.
Slightly bearish yet healthy alternative would be if price was to fall below 0.0720 (50% fib) to the golden ratio set at 0.0703-698. This movement would of course void the existing double bottom, however, would add additional confluence in the bullish pennant narrative.
Price range to watch over in the following days are between 0.0756 (resistance + baseline of DB) and 0.0720. A break from either levels will result in a fairly impulsive move to our conservative target (0.0785-93) or to our golden ratio (0.0703-698)
Thank you for your interest in my report. I truly hope you were able to receive some informative insights on the current Hbar market that is able to aid your pre-existing perspective on the Hbar price structure.
THIS IS NOT FINANCIAL ADVICE!
IS $DOGE ABOUT TO DO THE UNTHINKABLE?Last bull run CRYPTOCAP:DOGE did a 280x from the start of the 5 wave move to the upside to its ATH of $0.73. This move took about 182 days. At its previous ATH, the MC did a 44x from the 2018 peak of GETTEX:2BN to ~$88bn. Based on this upward sloping trendline, CRYPTOCAP:DOGE is primed to hit $7.5, and if history repeats itself, this should happen by end of this year. This would also bring CRYPTOCAP:DOGE MC to almost $1.1trillion, which is about a 12.5x from previous ATH, which is not even up to 1/3 of what it did last bull run. This looks crazy but it's just what the chart shows.
Brace Yourself: Is Gold's Bearish Trend to Continue Next Week!?Key Levels:
Resistance Levels:
$2,480: Recent high, acting as a strong resistance level.
$2,449.525: Previous high, another significant resistance level.
Support Levels:
$2,391.612 (4HR LQZ / TP 1): First significant support level and target point.
$2,348.723 (Daily LQZ / TP 2): Second support level and target point.
$2,289.000 (TP 3): Third support level and long-term target.
Trend Analysis:
The chart shows a clear descending movement from the recent highs, indicating a bearish trend.
The price has broken down from a rising wedge pattern, which is typically a bearish signal.
Indicators and Patterns:
Rising Wedge: The price action formed a rising wedge, and the breakdown confirms the bearish trend.
Price Action: The current price movement shows lower highs and lower lows, which aligns with the bearish trend.
Volume: Consider monitoring the volume for further confirmation of the trend. High volume on down moves indicates stronger bearish sentiment.
Strategy:
Short Positions: Traders might look for shorting opportunities at resistance levels or breakdown retests.
Target Points: The support levels ($2,391.612, $2,348.723, and $2,289.000) serve as potential target points for short positions.
Stop Loss: Place stop-loss orders above the recent highs to manage risk.
Conclusion:
The technical breakdown of XAUUSD indicates a bearish trend continuation. With the price breaking down from a rising wedge and confirming lower highs and lower lows, traders should consider short positions, targeting the support levels mentioned. Keep an eye on the volume and price action for further confirmation and manage risk with appropriate stop-loss levels.
|| SOLUSD || $200 INCOMING PART 2!The Sol price action has been extremely bullish today, as price has firmly Broken out of the pennant formation as discussed in my previous article. Although this move is bullish, there is still some way to go before we are able to see prices as high as $200, however, it is inevitable. In the following statements I will discuss my bullish perspective.
Double bottom formation: as seen using the Elliot wave indicator I have outlined the structure of a DB formation. This particular formation holds additional bullish sentiment based on the fact that it was formed leading to a tight squeeze of the larger time frame bullish pennant. This scenario generally tends to hold much greater likelihood of bullish movements to come.
My target for the double bottom is set at $180, which seems like an easy target considering market sentiment, however, price is currently resting between two key levels of support and resistance drawn using the fib retracement, 0.50 ($165) and my golden ratio of 0.618 ($175.50) and 0.65 ($178.34).
If we are able to hold strongly above the 165 level and even possibly retrace down to strengthen support at that level, the likelihood of success will increase. expect to see consolidation within this range prior to a breakout. Consolidation would be the healthier alternative to a clean break.
The lowest ill allow price action to move before shifting towards a bearish sentiment would be the fib 0.382 ($154.51) which is the base of the double bottom formation. A great stop loss area would be around the $150-152 range.
Zooming out to the pennant formation. In order to be more confident in the formation, price action would have to retrace wicking near the formations level of support turning to resistance for the breakout to be valid. If my projections are correct the validity of the pennant breakout will result in a move to roughly $226 as discussed in my previous article.
in conclusion watch for any moves between the 165 and 178 levels as that would roughly indicate a strong move in either direction, however, prices as low as 155 are still justifiable and arent bearish yet.
Thank you for reading this far, I hope you were able to get some insightful information to aid your pre-existing market analysis! Remember everything I say is NOT financial advice and should be taken with a grain of salt.
Looks juicyApparently a bullish flag is forming, and price is dancing at the bottom of the flag. There is another support at 30 in case the flag is busted. It could take a few more weeks but risk and reward rate is good.
|| SOLUSD || $200 INCOMMING FOR SOL!! ||Good day all.
the current market structure for sol is preping itself for a break out of the above level of key resistance (displayed in yellow). I will be discussing a series of confluences in the following points below to strengthen my case.
Sol has been in a consolidation phase roughly since April, creating a healthy level of support and resistance for future market structure, considering the consolidation being so close to ATH ($260) is remarkable and normally a great indication of further continuation into price discovery.
Bullish pennant: market structure for the past couple months have formed a bullish pennant. Price has reached a pivotal point of a potential break resulting in a target of $227 which is roughly a 43% increase in value, however, there is still some way to go as price is sitting right under a key level of resistance expressed between the prices, 173 and 178.
If price is able to break this key level and hold strongly above preferably on the daily chart, bullish sentiment will be high. I do feel price will break and briefly retrace off the level of resistance only to build up stronger support resulting in a push up and most probably through. This price action will be the healthiest and the most likely, as referenced from multiple market structures in a similar situation.
MA: My preferred averages consist of a 18 and 100 EMA, my averages position is currently crossing from bearish to bullish as my averages have converged (18 crossing 100). this convergence is normally a bullish signal when compiled with other bullish confluences.
Although my predictions for the medium term is bullish, there is absolutely a possibility that price can retrace back down to the key level of support resulting in a further strengthening of the current formation and overall heath of the market and future structure, however, I feel the break to the bulls is inevitable based on the overall bullish sentiment across the whole board of crypto assets.
I do not offer financial advice and this position should not be used as your only means of placing a trade, however, rather as an extension of your preexisitng ideas to place a trade.
Thank you for putting time in to read my Sol prediction. Make sure to let me know what you think whether you agree or not, constructive criticism will be appreciated!
XAUUSD - Buy Stop on Break of Previous HighTrade Analysis
We have identified a Bullish Flag continuation pattern. We will wait for confirmation of the bullish trend and enter the trade when it breaks the previous HH. The target is the Potential Reversal Zone in relation to the ABCD pattern. Once the target is reached, we can consider shorting the trade.
Trade Plan
Entry: 2484.176
SL: 2460.830
TP: 2507.522
Hero Motors BullishHero motors formed breakout trade above yesterday high 5625, resistance level 5825 and 6200 and support is 5390.
Bullish BAT on CVX Before Earnings!CVX is giving me some bullish signs, Bullish BAT, bullish engulfing candles, and standing right at strong pivot zone. Also RVOL is declining which shows less selling pressure. Could be a low risk Long Entry having SL set (Stop Loss) 🚀✌️🤑
[LINKUSDT] - potential targets in HTF10 million link pieces were purchased in the past two weeks alone, worth $120 million Great buying power in a short period of time makes the currency's TARGETS
great in the long term
on weekly chart there is a consolidaion of falling wedge pattern after a longtime
accumulation (526 days)
key level is 32$ zone.. price can visit 9$ again but i still see it's good area for buying
best regards ceciliones🎯
CADCHFCADCHF is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
FIL ANALYSIS🔮 #FIL Analysis 💰💰
🌟🚀In 4hr chart we can see a formation "Rising Wedge Pattern" in #FIL. Currently #FIL falls from its major resistance level. If #FIL breaks and holds this resistance then we will see a good bullish move.💲💲
🔖 Current Price: $4.220
⏳ Target Price: $4.937
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #FIL. 🚀💸
#FIL #Cryptocurrency #DYOR #PotentialBreakout
Conflux _ Next Target is Box Size _ Biggest Profit (+1,456 % )Conflux, Trading in Side Waves or Box. Next Target is the Box Top and if Breakout above the Box, Box Target is USD 2.27048238. Offering the Chance to Achieve Biggest Profit of (+1,456%).
Suppose if Breakout bottom of the Box, exit all the positions.
Support me; I want to Help People Make PROFIT all over the "World".
