ETH is in a loss phase againHello everyone, let's look at the 4H ETH to USDT chart, you can see how the price is moving in a downtrend channel, from which exiting at the bottom could result in a strong downward movement in the height of the channel itself.
Let's start by setting goals for the near future that we can include:
T1 = $3,327
T2 = $3,622
T3 = $4,104
AND
T4 = $4863 LONG TERM
Now let's move on to the stop-loss in case of further market declines:
SL1 = $2,903
SL2 = $2580
SL3 = $2166
AND
SL3 = $2166
Looking at the RSI and STOCH indicators, we can see that there is still room to continue the current recovery.
Targets
🐳Cardano will Go Up Again🐳Hi.
BINANCE:ADAUSDT
✅Today, I want to analyze ADA for you in a 12h time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the wedge, now it is time to start the five bullish waves .also a bullish Divergence (RD+) on MACD which shows Positive Signs for CARDANO.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Bullish Wedge.
🟢 Starting 5th waves.
🟢 Bullish Divergence
❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
🚧FRGX is bullish🚧 & many Traders don't see it 👀!!!Hi.
MEXC:FRGXUSDT
Today, I want to analyze FRGX for you in a 2H time frame so that we can have a SHORT-term view of FRGX regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
As you can see, the price has recently managed to break the falling wedge wedge. And now it is in a bullish flag, where the price will probably stay into flag while, and after the failure, we will see a good growth.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 AB=CD
🟢flag
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
NTRNUSDT in anticipation SHOPPING on the spotCURRENT SITUATION: the increases are supported by the opinions of taxi drivers and divergences with a range of ~1.3784/1.4951/1.6169
EXPECTATIONS: I expect a C price above the indicated trend
ACTIONS: aggressive entry for now after H4 or "safer" entry when price C is above the trend; intermediate exits at levels: TP1~1.3784/TP2~1.4951/TP3~1.6169, SL from the last low with average range
MATIC - will there be further increases?Altcoins with small capitalization (young/new) have already made huge increases in the bull market, and what about altcoins with larger capitalization? The boom doesn't apply to them? I present to you possible growth scenarios with potential key places for continued growth. The first scenario assumes increases after repeating the 1:1 black correction, i.e. wave 2 as wave 4. The condition is that the price will rise above 1.54usdt. The second scenario is a flat ABC correction, where the condition is that the price increases to the red zone without breaking the top of wave 1 and falls to the green zone as wave C, ending the correction, after which I assume increases. Regards.
DOT/USDT 1DInterval Chart ReviewHello everyone, let's look at the 1D DOT to USDT chart as we can see that the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = $9.67
T2 = $10.53
T3 = $11.89
AND
T4 = $12.86
Now let's move on to the stop-loss in case of further market declines:
SL1 = $8.22
SL2 = $7.23
AND
SL3 = $5.97
Looking at the RSI indicator, you can see a movement below the downtrend line, but it is worth noting that it is at support. However, the STOCH indicator shows a movement at the lower limit, below the downward trend line, which may result in maintaining the price.
PIXEL/USDT 4HInterval Potential LONGPixel is one of the stocks that have already responded correctly to the bullish analysis and once again presents a UP pattern. At the moment, I have marked the demand zones as yellow CII and CII. An additional advantage is that both zones result from different impulse correction structures and yet they converge in a similar space for a price around USD 0.65-0.75. At the same time, falling below USD 0.60 would negate both growth scenarios.
Moreover, the maintenance of the BTC upward trend and the duration of the entire altseason strengthen the analysis.
TAO/USDT LongYou can see how the price is based on the lower border of the channel, which may result in a reflection of the price, which is in the entry zone into a potential long, with a stop loss at $479. A potential confirmation may be a break above the purple downtrend line.
The RSI shows a return to the local support line, and the STOCH indicator shows that we are exceeding the lower limit, which may also change the price direction.
XRP growth position for the coming monthsWe are approaching exit from the triangle after 6 years of accumulation. The chart shows the potential levels expected in the next few to several months, assuming that no black swan occurs along the way, such as COVID, which will dynamically withdraw capital from the markets.
The RSI shows how the lower level has been defended, and in the current accumulation period there is an emerging advantage of growth volume (green candles).
Bitcoin Remains Precisely on Target Path to 60kGood Morning,
In my last post(s), I had projected a bounce from 64.8k to 69k. Check. Then, I suspected we may drop again and next break 64.8k. Check. The next target was then a retest of my multi-year support/resistance tl from 2019. We are almost there. The tl actually sits at around 61k and rising. However, we could wick down below that during the course of a day. Once at this point, I explained that the market will have to decide whether we drop further (in this case, 48k would be our next target down) or whether we rise again and move up to my inverse h&s target of 79k. My bet is still on the latter. But any break below that 2019 tl with confirmation could easily change my mind. Until then, the line in the sand has been drawn and I remain bullishly biased to 79-80k at which point I will re-assess.
Best,
Stew
Bitcoin Mid-Term Analysis4H Timeframe:
Bitcoin broke through the $70,000 area and pulled back, forming a lower low and a lower high.
These are the first signs of a trend change in the medium term.
Based on this analysis, the first target for this correction is the $63,000 area and the second target is the $61,000 area.
Weekly Timeframe:
Bitcoin is still in an uptrend in the weekly timeframe.
Therefore, caution should be exercised when taking a short position.
Long-Term Trend:
The price trend in the long term is strongly bullish.
Any price drop at this stage could be a good opportunity for traders to re-enter and could be just a correction.
Historical Precedent:
In previous Bitcoin cycles, there have been corrections before halvings.
Therefore, it is not unexpected that this will happen in this cycle as well.
Disclaimer:
The analysis provided here is for informational purposes only.
You are solely responsible for the consequences of any trades you make based on this information.
Bitcoin Bull Market PlayBit of a long shot, but this new move hopefully follows my previous chart idea that played out well and is nearly complete also.
As before, I'm not really focusing on timings, only the Elliott Wave counts.
First...
Price should soon head up and hit my 5th wave at around $40K-$40.8K. However, price could come down first, to around $36.8K - to tap @Anups new virgin monthly CPR.
Worth noting that last month's CPR didn't get tapped at all (but this just seems bullish to me).
Next...
ABC correction
1) TP your Long + Short around the $40K range.
Then...
Brand new Elliott Wave
2) TP your Short + ladder Long term Longs at the C wave (1.618 - 2.618 range). This looks to be $24K or lower, but in case we don't get a heavy ABC correction, I'm going to start building my Longs from around the $30K mark - I'm not missing the run.
Finally...
Ride the Elliot Wave until the Bull market tops out.
3) TP around $56K (1.618 range).
4) TP around $78K-$80K (2.618 range). This is where I think we finally top out.
Moonboy?
Zoom right out if you want to see some TP5 ($120K) and TP6 ($179K) Moonboy targets. These TPs are still (roughly) calculated and so are potentially possible one day - but I don't think we go much above $80K this time around.
Let's see...
After bullrun bearish market will return.After the breakout off the bearish channel in H4 i adviced to go long in the gold market. Wich was accurate and gold hit both targets!. (See last analysis)
What now? Price action wise. The monthly candle closed with a bearish candle. Wich indicates there will be a bearish movement on the way. Also gold manage to hit the strong resistance/supply zone around 2060-2065. From here we can expect a bearish move with targets 2042 ad 2025. In the long run posible back to 2007.
We have a strong support bullish trendlne wich keeps respecting. For any further fall we need an confirmed break. Also 2030 is building strong support. But i do expect a break from both support levels.
THis above is all based on technical viewpoint. Be carefull with open positions tomorrow because off NFP high impact news!
Resistance: 2060, 2070
Support: 2048, 2040, 2030
HelenP. I Bitcoin can make small correct, after which start riseHi folks today I'm prepared for you Bitcoin analytics. Some time ago price in a short time rose to resistance 2, which coincided with the resistance zone and later broke this level. After this, BTC grew a little more and then made correction below resistance 2, after which the price made an impulse up to the trend line, breaking the 45600 level one more time. Next, the price rebounded from the trend line and in a short time fell to resistance 1, which coincided with the support zone, thereby breaking resistance 2 again. After this movement, BTC bounced from resistance 1, and some time traded near this level, but when the price reached the trend line, it rebounded and made an impulse lower than the 41750 level, thereby entering to support zone. At the moment, Bitcoin continues to trades inside this zone near resistance 1, and I expect that BTC will decline below the support zone to 40900 - 40800 points, maybe even a little lower, and then start to move up to the resistance level, which coincides with the trend line. If Bitcoin can break this level, that price will make a retest, after which BTC continue to move up. For this case, I set my target at the 43350 level. If you like my analytics you may support me with your like/comment ❤️
Bitcoin on the Cusp of a new Bull MarketThis new BTC cycle continues to rhyme with the previous 3 cycles almost perfectly.
everyone said this cycle would be different but I am just seeing more of the same...
In trading we should expect the same until proven otherwise, its like the trader continuing to attempt a break out trade while the market is moving sideways in a range, it might reject 7-8 times before it finally breaks out a changes its behaviour.
So far in the reaccumulation year price has moved up to the 0.618 which is the pre-halving target, exactly the same thing happend in the last 2 cycles, and its happening again this cycle.
Now the ETF approval could change that this cycle and we could push above the 0.618 pre halving which 47k on BTC for this cycle, so we have an outlier factor in play.
We could see trading above but a throw back before the weekly and monthly closes OR a change of charater that is more bullish and potentially we see a new all time high before the halving for the first time ever... I think thats unlikely and we see a 30% throw back between the ETFs launch and the halving.
Then post halving we start to feel the increased demand from the new institutional channels, and incentives wall st brokers will be getting, plus the marketing budgets to sugget and advertise people to buy BTC ETFS... combined with the cut in supply from the halving, leads us into a new bull run.
IF we hit similar Fib targets as the last cycle that could move us up to levels around 180k at the 3.272 for a lower target, 3.618 equalling last cycles high would be 200k, and potentially an over shoot to around 230k at the 4.236 fib level.
lets see what the market brews up for us and as always we need to keep an eye on cycle timing, FED liquidity levels, whats happening with interest rates and QE/QT around the end of 2025.
Thanks for following see you in the next update.
The Power of Standard Deviation (STDEV)Hello everyone,
This morning was a great chance to show the power of using Standard Deviation (STDEV)
for targets.
I usually put it on the London session. That's what I've done here.
As you can see, the levels are almost identical to the ones marked using market structure.
This is another useful advanced tool that can add to your arsenal to help bring your trading to the next level.
This is very easy to use, and you can use the FIB tool with these levels to make your own STDEV tool.
I hope you found this insightful and useful.
Happy Holidays!
🚧Bitcoin is Bullish now🚧 & many Traders don't see it 👀!!!Bitcoin is in the channel as well as the Crab pattern. Also Broken the Ascending Triangle which could very well push the price up, the price will easily reach 40k.
🟡Summery:
The price is in the ascending channel.
Broken the ascending triangle.
in the Crab Pattern.
Price in the PRZ zone.
EXRet 1.618= 3940$
previous Analysis:
🤑Stay awesome my friend.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️⤵️
SILVER, Ascending-Wedge COMPLETED, Determinations and Targets!Hello There!
Welcome to my new analysis about SILVER on several timeframe perspectives. As I pointed out in my previous ideas SILVER is in a more bearish condition with the bonds market being up as well as the DXY being up. These factors already point to a more bearish global term perspective for SILVER. Now a major consideration is the local term as well as there can be a major turning within the local term also and as I recently detected SILVER now completed a major formation as well as several other signs of an substantial reversal to setup and elevate important dynamics that should not be underestimated. Currently there is a massive volatility move to be considered within the upcoming dynamics.
As when looking at my chart, SILVER recently showed up with this determining bearish momentum, this momentum broke out below the lower boundary of the ascending triangle-formation and printed an determining bearish spike towards the downside from where SILVER is now approaching the initial target-zones and is likely to continue with the bearish continuations as there are still several resistances within the area especially determined by the descending-resistance-line. The fact that SILVER now completed the major ascending-wedge-formation and already increased the bearish momentum activated the target-zones at 23.65, 23.25, and 22.85 as they are marked in my chart.
Currently the DXY is setting up a major breakout into higher spheres as I mentioned in recent ideas, this means that such a breakout within the DXY is validating the bearish cause for SILVER. Also net short-positions held by institutionals increased further within the recent times which is also supporting a major drop in the price-action. Within the whole dynamics SILVER now continued with the origins of the ABC-wave-count with the wave A already completed as SILVER broke out below the lower boundary, the wave B is likely to pullback off the upper resistance if they are reached otherwise the wave B could also have a contracted amplitude.
Once the target have been reached further considerations about the price-action need to be made and therefore we are putting SILVER on the watchlist for the upcoming price-action considerations. On the global term there is still a major formational structure developing which could point to an even larger breakout dynamic and volatility momentum once it has been validated.
Thank you for watching my analysis. Support from your side is greatly appreciated.
VP