Pattern
🔥 Bitcoin: Bull-Flag To 80k!After bottoming out around 61k, BTC has seen a sizeable bullish correction. Over the last few days, BTC has been trading mostly sideways in a bull-flag / channel pattern.
This signal makes the assumption that BTC will continue to make higher-lows in the short-term and will eventually break out and make new all-time highs. Fairly confident that the pending break out can take us to >80k.
LTC/USDT - Long term view | Buy now and HODL #LTC/USDT #Analysis
Description
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+ The LTC price has decisively broken out from the resistance line and is now heading towards the next resistance level.
+ In the previous bull run, we observed a similar pattern that resulted in substantial profits for traders.
+ I anticipate a comparable pattern emerging in this bull run, indicating the potential for significant profits with this trade.
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VectorAlgo Trade Details
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Entry Price: 102
Stop Loss: 62
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Target 1: 142
Target 2: 180
Target 3: 226
Target 4: 389
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Timeframe: 1W
Capital Risk: 1-2% of trading capital
Leverage: 3x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
1000SATS - Resistance breakout | Long Trade #1000SATS/USDT #Analysis
Description
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+ The price has reached the resistance line for the fifth time, and there are indications that it may finally break out.
+ I perceive a promising opportunity for a LONG trade should the price successfully breach this resistance line.
+ Let's exercise patience and wait for the breakout confirmation before entering the trade.
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VectorAlgo Trade Details
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Entry Price:0.0005535
Stop Loss: 0.0004856
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Target 1:0.0005936
Target 2: 0.0006501
Target 3: 0.0007405
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Timeframe:1H
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
🔥 Bitcoin: VERY Similar Fractal Found! New Highs Soon?In this analysis I want to talk about a fractal that I recently found. Was looking at Bitcoin's price action over the last few weeks, and realized I recognized that pattern.
Bitcoin has been following a very similar pattern (fractal) as the SP500 did during the 2022 bear market and the 2023 bull-market. Keep in mind that fractals will rarely be exactly the same, so some minor deviations are to be expected when comparing both charts.
Won't dive too deep into details, but you can clearly see that Bitcoin is following the SP500 fractal. 1-2-3-4 are lower-highs, blue arcs are three lower-lows and two higher-lows. In purple a 3-waved bull-flag and a yellow dotted resistance at the 0.786 Fibonacci retracement.
It looks extremely similar. Only deviation thus far has been the price action over the last few 2 days.
I'm not using this fractal comparison to claim BTC will go up guaranteed, but it's at least a point for the bulls. IF this fractal plays out, expect a new all-time high in the next 1-2 weeks.
Happy to hear your thoughts about this fractal 🙏
🔥 When Will Bitcoin Reach The Cycle Top? In this analysis I'm going to take an attempt at making an educated guesss at when Bitcoin will top, purely based on price action.
On the chart you can see Bitcoin's price action over the last 13 years on the 2-week chart. The arrows are drawn from the first candle close above the previous all-time high (purple lines).
In short, it takes between 17 - 24 bars (34 - 48 weeks) before Bitcoin reaches it's cycle top, 20 bars on average. Seeing that we're currently at the first candle close above the last ATH, we can extrapolate previous data and reach the conclusion that Bitcoin will top in December 2024.
When do you think that Bitcoin will top? Share your thoughts!
🔥 Bitcoin Bottom Might Be Near! Bull-Market Continued 🚀In this analysis I want to discuss the possibility that Bitcoin's temporary correction might be at the ending stages and that the bullish trend might continue in the near future.
I want to look at two things:
- The price has hit the purple dotted support on the chart.
- The RSI has hit oversold on the 4H chart for the first time since late January, at the start of the bull-run that took us from 39k > 74k.
These two factors combined make me believe that a bottom is potentially near and that we can make a decent trade off this area. Target at 80k, stop below the March 5th dump, to create a good trade with a RR of exactly 5.
🔥 Bitcoin: The Most Accurate Cycle Top Forecast To Date! 🚨Preface
This analysis is based on historical price action. Since BTC only had a couple of cycles before, the data presented is based on just a few observations. Furthermore, this analysis will use calculations based on a mathematical model based on these few observations.
TLDR/Summary at the bottom.
Goal of this analysis
In this analysis I'm going to take an attempt at making an educated guesss at when Bitcoin will top, and around which value it will top. With the information at hand, I'm reasonably certain that this is one of the best forecasts currently on the market.
Indicators and Assumptions
The first indicator on the chart is the Bitcoin Logarithmic Bands indicator, a personally made indicator which tries to calculate a Bitcoin top during a certain time frame by calculating a bottom and top band within BTC will top. More information below:
The second indicator (or better said, assumption) that we use is the fact that Bitcoin has previously always topped between 34 - 47 weeks AFTER closing a weekly candle above the previous all-time high. I came to this conclusion after making this analysis below:
Making the calculation
34 weeks after the 4th of March = 28th of October.
47 weeks after the 4th of March = 27th January.
If the above will remain true for this cycle, we can expect Bitcoin to top between October 28th 2024 and 27th of January 2025.
Now that we know the dates, we can also easily calculate the values. Naturally, we assume that the Bitcoin Logarithmic bands indicator will hold.
(rounded for readability)
28-10-2024 lower band: 135.000$
28-10-2024 top band: 195.000$
27-01-2025 lower band: 144.000$
27-01-2025 top band: 208.000$
Summary
Based on the "New ATH to Top" model and the "Bitcoin Logarithmic Bands" model, we calculated that Bitcoin will top between 28-10-2024 and 27-01-2025, with a value between 135.000$ and 208.000$.
Enjoy this analysis? Leave a like and a comment 🙏
RUNE - Good Potential LONG trade#RUNE/USDT #Analysis
Description
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+ RUNE has unmistakably breached the resistance and is currently consolidating within a defined range.
+ The successful retest of the price reinforces the bullish sentiment, indicating a potential continuation of the upward trend.
+ With this in mind, I anticipate further price appreciation and am initiating a long trade with a risk allocation of 2% of the capital.
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VectorAlgo Trade Details
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Entry Price: 9.05
Stop Loss: 6.75
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Target 1: 10.5
Target 2: 13.6
Target 3: 16.5
Target 4: 19.6
Target 5: 25.5
Target 6: 31.0
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Timeframe: 1D
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
INJ - Holding strong in support and expected to bounce backAs you can see in the chart, this is the 4th time INJ is bouncing back from support and showing a bullish sentiment. We can this trend to continue and the next target for INJ is around $70
Entry level: $ 28-32
Stop loss level $ 23
Target 1: $39
Target 2: $45
Target 3: $ 59
Target 4: $ 69
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
Perfect Falling Wedge Breakout BINANCE:TLMUSDT (4H CHART) Technical Analysis Update
TLM is currently trading at $0.01361 and showing overall bullish sentiment after the falling wedge breakout
We are seeing a clean falling wedge pattern with a perfect breakout signalling a bullish momentum.
Entry level: $ 0.01309 - 0.01360
Stop loss level $ 0.01193
Target 1: $ 0.01429
Target 2: $ 0.01616
Target 3: $ 0.01733
Target 4: $ 0.01976
Target 5: $ 0.02173
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
DOGEUSDT - Confirmed Breakout - Enter on RetraceBINANCE:DOGEUSDT (4H CHART) Technical Analysis Update
DOGE is currently trading at $0.08319 and showing overall bullish sentiment after the breakout from the descending triangle pattern.
We are expecting the price to retrace back to the support line and once it hits the support we can enter the long position.
Entry level: $ 0.08091 - 0.08316
Stop loss level: $ 0.07473
Target 1: $ 0.08599
Target 2: $ 0.08958
Target 3: $ 0.9814
Target 4: $ 0.10733
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
SKL - Saucer Pattern - Aliens are HereBINANCE:SKLUSDT (1D CHART) Technical Analysis Update
SKL is currently trading at $0.08978 and showing overall bullish sentiment after forming saucer pattern
As you can see in the chart, SKL formed saucer pattern previously and had a nice long trend after the pattern, Currently it formed the exact same pattern. We are expecting the price to move in the same way.
We can enter a position at current price while keeping stop loss around the next weak support zone.
Entry level: $ 0.08985
Stop loss level: $ 0.06945
Target 1: $ 0.09977
Target 2: $ 0.11238
Target 3: $ 0.13936
Target 4: $ 0.16924
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
BANDUSDT - Triangle Breakout and Heading towards next ResistanceBINANCE:BANDUSDT (4H CHART) Technical Analysis Update
BANDUSDT is currently trading at 1.80 $ and and successfully breakout from the triangle pattern, its heading towards the next resistance around 2.0
We can expect the trend to continue and out final target is around 2.3
Long Entry level: $ 1.8
Stop loss: below $ 1.621
Target 1: $ 1.9
Target 2: $ 2.0
Target 3: $ 2.1
Target 4: $ 2.3
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
XLM/USDT - Breakout of the year | Few more days left BINANCE:XLMUSDT (1D CHART) Technical Analysis Update
XLM is currently trading at $0.1356 and showing overall bullish sentiment
the price is currently around the resistance zone and the price was rejected around this resistance level 4 times in the past. This resistance level is very critical for the price to move above the resistance level. If the breaks the resistance then we can see a sudden pump in the price similar to the past.
Entry level: $ 0.1383 (After the breakout)
Stop Loss Level: $ 0.1221
TakeProfit 1: $ 0.1451
TakeProfit 2: $ 0.1531
TakeProfit 3: $ 0.1629
TakeProfit 4: $ 0.1753
TakeProfit 5: $ 0.1979
Max Leverage: 5x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
🔥 Bitcoin's Next Macro Target: What To Expect SoonIn my last bullish BTC analysis I wrote about the idea that a short-term bottom had been formed and that were likely to bounce from said area.
As of today, this signal appears to be a great success. I also made a bearish signal recently, but that entry target had not been hit, so nothing lost.
In this analysis I want to take a look at Bitcoin's next macro target. The resistance is drawn from connecting the 2021 tops with each other and extrapolating said line.
In my eyes, this will likely be Bitcoin's next target and can potentially be a long-term resistance from which we bounce. Expect heavy selling around this resistance area.
For now, it's looking like BTC will continue the uptrend.
Happy to hear your thoughts!
🔥 TRX Massive Bullish Triangle SignalTRX has been crawling upwards ever since the FTX collapse in November 2022. Many alts have outperformed TRX, but TRX is one of the few who's been in a perpetual uptrend since the FTX fiasco.
In this analysis I want to take a look at the bullish triangle on the chart. The signal assumes that the price will break through the top resistance and continue to move up. A less risky trade would be to wait for the top resistance to break.
Big Swing Trade Opportunity in ASHOK LELANDAshok Leyland is around the medium support
With the support EMA is also working and we are getting support around the same level
Support levels are 155-160
We can see jump upto 210 level in coming weeks
Thank You !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
🔥 SAND Bullish Channel Signal: Ride The WavesAs seen on the chart, SAND has been trading inside a well-defined bullish channel pattern for almost 6 months at this point.
This signal is based on the idea that SAND will continue to trade within the channel and will bounce from the bottom support.
Stop just below 0.50$, target at 1$ to create a very decent trade with high RR.
Gold can leave pennant, break support level and then make retestHello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price recently traded in the buyer zone, where XAU soon reached the 2040 support level and broke it. After this movement, the price made retest and then started to trades in an upward pennant, where firstly Gold made a strong impulse up to the current 2150 support level, which coincided with the support area. After this, the price broke this level and rose to the resistance line of the pennant, but at once turned around and in a short time declined to the support level. Soon, the price turned around and some time traded between the resistance line and this level, and last time Gold fell to the support line of the pennant, where at the moment trades very close. So, in my mind, Gold can exit from the upward pennant, break the support level, and then make a retest. After this movement, I think also that XAU can continue to decline, therefore I set my target at the 2110 level. Please share this idea with your friends and click Boost 🚀