Get started

Rectangle

NTRN is going parabolic, best altcoin for fast profit?NTRN is in a strong uptrend and it looks like we can go even higher. 207% profit is the next target for this coin because it is the 1:1 FIB extension. Currently the price is breaking out of the rectangle pattern on the weekly chart, which is also a good opportunity to trade the breakout. I am bullish on this coin. There is almost none bearish volume, also a good sign. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! NTRN is one of the most secure cross-chain smart-contracting platforms. It combines the security of a top 10 blockchain by staked capitalization with bleeding-edge cross-chain infrastructure to enable DeFi applications to securely scale across a growing network of 51+ interconnected blockchains.
Long
by Xanrox
6
ENS - downtrend ended, important coin for EthereumENS is one of the most important altcoins for Ethereum. We can see that the uptrend is starting, and 2024 is going to be huge for this coin. We can see that at the bottom of the downtrend, we have a pretty long accumulation of whales. The price should not go into this range ever again. We have only 2 resistances on the way up: 0.5 FIB + major swing high and the previous all-time high. I think we are going to go much higher in 2024, but I will make updates later. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS converts human-readable Ethereum addresses like john.eth into the machine-readable alphanumeric codes you know from wallets like Metamask. The reverse conversion -- associating metadata and machine-readable addresses with human-readable Ethereum addresses -- is also possible. The goal of Ethereum Name Service is to make the Ethereum-based web easier to access and comprehend for humans - similar to how the Internet’s Domain Name Service makes the internet more accessible. Like DNS, ENS also uses a system of dot-separated hierarchical names called domains with domain owners fully controlling their subdomains. ENS launched with a highly successful retroactive airdrop in November 2021 that rewarded users who had registered addresses before the project launched its token. However, in February 2022, it faced criticism over apparently homophobic tweets by its director of operations. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
8
Bitcoin - bearish divergence on the weekly chart (RSI)Bitcoin does not look good on the RSI indicator on the weekly chart. We have a bearish divergence! This is one of the strongest bearish signal that can occur on the bitcoin market. Also, Elliott Wave impulse (3) is complete. We are ready for wave (4) correction. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! What is divergence? Divergence refers to a situation when a currency pair price diverges from the trend that the technical indicators are showing. So if the technical indicators are making a lower high but the currency pair price witnesses a higher high, it indicates that there is a price divergence in the market. What is a bearish divergence? In a bearish divergence, the currency pair prices make a new high in the market, but technical indicators mark a lower price. This signals that bulls in the market are no more in control and bears are getting stronger, indicating a bearish reversal after the uptrend ends. At this point, traders can place short orders to benefit from the decreasing market prices.
Short
by Xanrox
2
Bitcoin sell the ETF news. 20% crash is comingBitcoin is crashing after the BTC ETF launched on Nasdaq - iShares (ticker IBIT on TradingView). This is not looking good; the crash looks really strong on the 1-minute chart. Everyone bought into the ETF News, and now the whales are taking advantage of it and want liquidity at approximately 39k. Why 39? We can see multiple swing lows in this zone. I turned bearish on Bitcoin today. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! Bitcoin is the first decentralized, peer-to-peer digital currency. One of its most important functions is that it is used as a decentralized store of value. In other words, it provides for ownership rights as a physical asset or as a unit of account. However, the latter store-of-value function has been debated. Many crypto enthusiasts and economists believe that high-scale adoption of the top currency will lead us to a new modern financial world where transaction amounts will be denominated in smaller units. The smallest units of Bitcoin, 0.00000001 BTC, are called Satoshis (or Sats in short), in a nod to the pseudonymous creator. At Bitcoin price now, 1 Satoshi is equivalent to roughly $0.00048. The top crypto is considered a store of value, like gold, for many — rather than a currency. This idea of the first cryptocurrency as a store of value, instead of a payment method, means that many people buy the crypto and hold onto it long-term (or HODL) rather than spending it on items like you would typically spend a dollar — treating it as digital gold. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Short
by Xanrox
1
GBPUSD: Consolidation and Complete Indecision 🇬🇧🇺🇸 Even though GBPUSD is trading in a bullish trend since October, the pair is in a deep consolidation, the last 3 weeks. The pair is currently stuck within a horizontal range on a daily. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios. Bullish Scenario If the price breaks and closes above 1.283, we can anticipate a movement higher to 1.294 resistance. Bearish Scenario If the price violates 1.26 support and closes below that on a daily, a bearish continuation may follow to 1.255 level. Because the long-term trend is bullish, I remain bullish biased. Chances will be high that the resistance of the range will be reached. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
GBPJPY: Top-Down Analysis & Nice Short 🇬🇧🇯🇵 GBPJPY is trading within a wide horizontal range on a daily. The price is currently testing its resistance. On an hourly time frame, we can see how the pair was weakening after it started to approach the underlined blue area. After a strong bullish impulse, the price formed a rising channel. Test of structure triggered a strong bearish reaction and the price violated the support of the channel. For me, it is a strong bearish confirmation. I expect a bearish movement to 182.5 level now. ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
3
EURAUD: Classic Bullish Reversal 🔀 The 📈EURAUD pair experienced a consistent decline while following a falling wedge pattern. However, when it reached the support level of 1.6140, the market began to consolidate within a sideways range. Last Thursday, the bulls successfully broke through both the range resistance and the resistance of the wedge pattern. This is a significant indication of the buyers' strength. I anticipate a pullback to the level of 1.6467...Trade safely 👍✅
Long
by linofx1
1
#NVDA ready for another push higher? Techs look sexyNvda.. couple of reasons why this is a big level and high probability to be long (1) Divergence on RSI (2) Test volume VPOC shelf and held (3) Demark 9 exhaustion signal on daily (4) Gliding off the 50dma (5) Held 50% fib from most recent swing low and high (6) Back above the Main Pivot Putting this all together suggests there is a high probability setup here with a stop below the recent lows at 450. Initial targets 480, 500, then if we break out the channel , much higher..
NASDAQ:NVDALong
by MarcoOlevano
1
#USDZAR stuck between 18.95 and 18.20. USDZAR some interesting developments for the Rand bulls. 50dma < 200dma (death cross). 3 lower highs forming what could be a potential flat bottom triangle with the base at 18.10-18.20. Some bullish characteristics here which could be shifting sentiment in favour of the bulls but it's still too early too call. Range bound between 18.95 and 18.20 now. A convincing break above or below the two levels will be needed to force a move in either direction.
Short
by MarcoOlevano
1
ATOM's TRAP Under Horizontal channelATOM, the crypto maverick, finds itself ensnared in a substantial horizontal channel, delineating clear upper and lower boundaries. Unbeknownst to many, this channel serves as a significant catalyst, propelling ATOM's price action with vigor. The strategic use of stop losses becomes the impetus for a potential surge, and the $20 mark looms on the horizon. Navigating the Horizontal Channel: Formation of Clear Boundaries: ATOM's price action has meticulously constructed well-defined upper and lower boundaries, encapsulating it within a compelling horizontal channel. This channel acts as a psychological and technical battleground for traders, setting the stage for dynamic market interactions. Trader's Dilemma: Traders often find themselves trapped in this horizontal channel, faced with the challenge of navigating within these clearly demarcated limits. The confined space intensifies market dynamics, creating an environment ripe for rapid price movements. Stop Loss Dynamics: Strategic Stop Loss Placement: Within the constraints of the horizontal channel, traders strategically place stop losses. This becomes a pivotal factor influencing accelerated upward movements as stop losses trigger in reaction to specific price levels. Catalyst for Growth: The systematic triggering of stop losses is a catalyst for swift and decisive price action. It induces a domino effect as one trader's stop loss triggers another's entry, fostering momentum and potential breakout scenarios. Anticipating the $20 Milestone: Psychological Price Point: The $20 mark stands out as a psychological barrier within the context of ATOM's horizontal channel. Breaking through this level could signal a shift in sentiment and trigger intensified buying interest. Technical Indicators: Traders should keep a close eye on technical indicators, volume trends, and momentum oscillators for confirmation of the potential breakout. Such indicators can provide valuable insights into the strength and sustainability of the anticipated surge. Conclusion: Accelerated Growth on the Horizon ATOM's confinement within the horizontal channel is not a restraint; rather, it's a catalyst for dynamic price movements. The strategic placement of stop losses within this channel sets the stage for a potential surge, with the $20 milestone serving as a significant focal point. 🚀 Horizontal Channel Dynamics | 🔄 Stop Loss Triggers | 🎯 Targeting $20 📊 Share your insights on ATOM's journey within the horizontal channel and your predictions for its impending price action! 💬📈
by Yaroslav_Krasko
Bitcoin will continue to crash to 36 600Bitcoin is really bearish at this moment. We have had a massive crash recently, and this is not looking good. My technical analysis suggests that we have completed the impulse wave (3) and are in a corrective phase wave (4). This corrective phase should end at 36 600 USDT, and then I am expecting another pump to reach 48 500 USDT. On the chart, you can see a symmetrical triangle, and the price went above it; unfortunately, it was a false breakout / fakeout. Usually, what happens after such an event is that prices reverse and go in the opposite direction. Triangles are usually marketed as wave (4) from the Elliott Wave perspective. 36,600 is a strong support because it is in the middle of the previous consolidation. Also, this is the first major swing low, right before the previous pump. There is definitely a lot of liquidity, which is a magnet for whales. Let me know what you think about it, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades.
Short
by Xanrox
3