EUR/USD Short and GBP/NZD ShortEUR/USD Short
• If price impulses down below our most recent correction on the one hour chart and a subsequent tight flag forms, then I'll filter the latter on the fifteen minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/NZD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a subsequent impulse back down followed by a tight flag and then I'll filter the latter on the fifteen minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to secure a risk entry.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
Trade
BITCOIN - Price can try exit from pennant and then continue growHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some time ago price made upward impulse from support line to resistance area, breaking $41000 and $43800 levels.
Also, BTC entered to flat, where it fell lower than $43800 level, and soon tried to back up, but failed.
Next, price some time more traded in flat, and last time made upward impulse from support level to resistance zone.
After this, BTC a few time tarded in resistance area, but recently it bounced from this area and declined to support line of pennant.
After fake breakout of support line, I think that Bitcoin can reach resistance line and try to exit from pennant.
When price will exit from pennant, it can make retest and then bounce up to $45000, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Near 1000 Pip Dip ExpectedThe EURUSD has been pushing bullish for a while now. On the Weekly chart, we see that the market has been in a down swing that started on July 17, 2023. The market dipped to form a low at 1.0446, following which it began to retrace bullish on October 4.
Since October until now, the market has gone through a bullish retracement. Upon seeing the retracement, we were able to find and mark our order block and refine it to the expected reversal zone.
Last week saw prices come into our zone and push away in a bid to commence the reversal. If this perspective holds, this pair is expected to dip all the way down to take out the liquidity target at 1.4663 and push beyond it.
This down extension push is expected to give us a push in excess of 700 pips and can push as far as 1000 pips and more.
COMP USDT LONG SWING | COMPUSDT | LONG @ 58 - 60 | TP @ 60.5, 61, 61.5, 62, 62.5 | SL @ 54 | PATTERN = DESCENDING TRIANGLE BREAKOUT | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:COMPUSDT BINANCE:COMPUSDT.P COINBASE:COMPUSD GEMINI:COMPUSD BYBIT:COMPUSDT.P KUCOIN:COMPUSDT MEXC:COMPUSDT COINEX:COMPUSDT
ACHUSDT- Projecting a 60% Rise Amidst Bullish SignalsACHUSDT continues its movement within the ascending channel, showing consistent respect for each demand zone that previously acted as supply areas. These strong bullish indications affirm the uptrend, significantly boosting the probability of further price escalation.
Expectations lean towards ACH rising to the top of the extended ascending channel, aligning with the 241.4% Fibonacci retracement level. This could potentially result in an exciting 60% rise in the coming weeks.
EUR/USD ShortEUR/USD Short
• If price impulses back down below our area of value, it does so in a convincing manner and a subsequent tight flag forms, then I'll again be looking to get short with a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/AUD Short, GBP/CAD Long and GBP/USD ShortGBP/AUD Short
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/CAD Long
• If price impulses up above our area of value, it does so in a convincing manner and a tight flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
GBP/USD Short
• If price pushes up above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
EHTUSDT (Ethereum) ABC Pattern and 70% Potential for Upside🔅The Triple Bottom Formation at $1533 📈
In the world of cryptocurrency, precision matters. Ethereum (ETH), one of the market leaders, recently exhibited a fascinating triple bottom pattern, signaling that buyers defended the $1533 support level - an interesting entry point. This level coincides with the 78.6% Fibonacci support, adding significance to its resilience.
🔅The Long-Term Resistance Breakout
ETH isn't stopping there. It previously shattered a long-term resistance, demonstrating the strength of the bulls. A significant factor in favor of an uptrend, this development marks the beginning of Ethereum's journey towards higher price levels.
🔅ABC Pattern Potential
Furthermore, Ethereum seems to be forming an ABC pattern, often associated with a trend reversal. This pattern adds another layer of evidence to our bullish thesis. As the potential C wave unfolds, it could propel Ethereum further upwards.
🔅Demand Zone
Observe the recent transformation of a supply zone into a demand zone. This area has been a pivot for price action throughout the week, affirming the growing interest from buyers. These zones act as battlegrounds, and Ethereum seems to have gained a strong foothold in the demand zone.
🔅Anticipating a 70% Rally 🚀
Considering the solid foundation provided by the triple bottom, the long-term resistance breakout, the potential ABC pattern, and the resilient demand zone, Ethereum is poised for growth. We anticipate a substantial 70% price increase, setting sights on the 161.8% Fibonacci retracement level at $2620.
SUSHIUSDTBullish Bias and Potential 70% Price SurgeSUSHIUSDT recently marked a decisive break above a descending channel, signaling a significant shift in price dynamics. Preceding this breakout, the price consistently respected both a minor and a major demand zone, indicating robust bullish pressure within the market. Further reinforcing this bullish bias is the clear bounce observed from a simple uptrend trendline, coupled with a distinct formation of higher highs (HHs) and higher lows (HLs) pattern.
Considering these bullish confirmations, there's a higher probability of the uptrend's continuity, potentially leading the price towards a massive supply zone formed back in 2022. Upon reaching this supply zone, it could signify a noteworthy 70% price increase for SUSHI.
COMPUSDT Elliot Wave Completion and Anticipated 50% UpsurgeOn a daily timeframe, COMPUSDT has exhibited a discernible higher high and higher low pattern, signaling a notable trend structure. Following the completion of wave 3, quite an evident ABC corrective move unfolded, halting precisely at the double Fibonacci support level near $47. This critical support area has proven effective in arresting the downward movement.
As long as this pivotal support remains intact, our analysis anticipates a relatively swift upside movement of approximately 50%. This projected move would complete the 5-wave upward sequence, potentially marking the culmination of this bullish phase before a potential stronger downside pullback.
FXSUSDT Bullish Signals and Price Surge ExpectationsFXSUSDT has recently demonstrated compelling bullish movements, showcasing a transformation of two previous supply zones into demand areas. This shift, coupled with the presence of a consistent higher highs and higher lows pattern, reaffirms the underlying bullish trend.
Anticipating an over 80% surge in the coming weeks, today might mark the inception of the anticipated uptrend. The combination of these bullish signals suggests a strong potential for substantial growth in the near term.
SXPUSDT Double Fibonacci Resistance and Potential GainsSXPUSDT showcases a transition from supply to demand zones, successfully respected within its price action. Notably, the bounce off the 61.8% Fibonacci retracement level, coupled with the subsequent rebound from the 38.2% support and the clean bounce off the simple uptrend trendline, indicates the initiation of an upward wave.
As a result, our forecast anticipates SolarNetwork to persist in its upward trajectory towards the double Fibonacci resistance area near $0.54. Should this level be attained, traders and investors could secure a solid 30% gain.
XRPUSDT at least 20% UpsurgeXRPUSDT appears poised for a potential jump, evident in its adherence to the uptrend trendline and critical demand zone near $0.56. The recent decisive bounce off the 78.6% Fibonacci support amplifies the probability of a rapid upside swing.
Our trade signal suggests a swift movement towards the $0.73 resistance area, supported by a double Fibonacci level. Should this scenario unfold, Ripple might witness a minimum 20% price increase.
EGLDUSDT Probabilities for a 60% UpswingEGLDUSDT persists in honoring the uptrend trendline, maintaining movement within a long-term ascending channel. Notably, the previous supply zone has transformed into a respected demand area, significantly bolstering the likelihood of sustained uptrend continuation.
This favorable price action significantly heightens the probability of a 60% price surge in the imminent days or weeks. The key resistance at the $75 area, validated by a double Fibonacci level, stands as a crucial indicator for potential price movements.
In summary, EGLD appears notably positive at this stage, with an evident uptrend, demand zone validation, and potential for significant growth.
KEYUSDT aiming for the bottom before the RallyWe expect KEYUSDT to have a final drop down, before a major rally.
Most likely price will attempt to test the bottom of the range, after which buyers will get heavily active. As of now, buying remains too riskly.