EURCAD Short M15, M30, H1 and H4 are overbought
There is a previous days high and a long consolidation
There are multiple tops on this trade and there is a lot of divergence
Pattern on H4 which normally means this trade should fall.
W-pattern
ABT ShortM15, M30, and H1 are overbought, and there is a pattern for M15 to sell. This trade is with the H4 and Daily trend so it should go all the way to the bottom. There are many signs to sell this trade, and there is very good resistance at this level, stop loss above 100 should be good.
🔥 Loopring Head & Shoulders Pattern Confirmed: Bears Party!LRC has been losing value steadily after the initial 2023 pump. As of recently, LRC has fallen through the neckline of the head & shoulders pattern, completing this bearish pattern.
In my eyes, this token will see more selling in the coming months. I'm looking at 0.10 for a potential long-term bottom, might even go lower than that.
🔥 Arbitrum's Short Looks Great: Patience For Reversal!At the start of the month I was looking for a short entry on ARB, which has been playing out great thus far. However, with ARB losing value rapidly, I'm starting to look for long opportunities.
ARB is trading in a very well-defined bearish channel (or wedge). My strategy is to wait for the price to touch the bottom support. Ideally, the daily RSI will be below 30 to increase the reversal probability.
Until then, the short stays active. Patience is key.
XOM Short M15 and M30 are overbought with multiple tops and divergence and there is a M15 pattern, this trade is with the trend so it should be able to fall to the bottom where it will get supported.
WMT Short This trade is with the trend, and there is a pattern on M15 and M30, there is a double top on M15 and M30 with divergence, this trade has a tight stop loss but a very high target that is expected to reach.
xauusd h3XAUUSD Short time bullish trend. it could be drop from faky zone and continue for trend on the other hand it will be break all zone in 2 candle with side way and make new trend.
🔥 Bitcoin Secret Trading Pattern Revealed! Long Term Growth 🚨 In this analysis I want to shed some light on a long-term (and often overlooked) trading pattern for Bitcoin. The indicator in question is the monthly RSI.
As seen on the bottom half of the chart, the monthly RSI is following a very predictable, long-term oscillating pattern.
Long-term investors and whales are using this pattern to time their entries and exits of the market. Remember, the best strategies are often the simplest ones.
Buy BTC once the monthly RSI has hit the bottom green support, sell once the monthly RSI has hit the top red resistance. If you followed this strategy over the last years, you would've bought around 3k, sold around 60k and bought back in around 17k!
Do you consider this a useful pattern? If you have interesting long-term strategies, share them in the comments 🙏
SLB ShortThis trade has a pattern on M15 and is with the trend, there is a lot of resistance for this short and the stop loss should be above 60.5. There are multiple tops on M15 and M30 with divergence.
📐Solana's Giant Accumulation - BullishThe Triumph of the Triangle:
Triangles are classic chart patterns often characterized by converging trendlines.
Solana is currently shaping an immense triangle formation on its chart.
A Bullish Perspective:
Triangles are typically continuation patterns, meaning they suggest the resumption of an existing trend, which, in this case, is bullish.
The pattern demonstrates a balance between buyers and sellers, with neither side dominating.
Anticipating the Breakout:
While triangles show price consolidation, they are also known for explosive breakouts.
Traders are closely watching Solana for a breakout, which could lead to a substantial price move.
The Fakeout Game Plan:
Some traders anticipate a potential fakeout, where the price briefly moves beyond the triangle's boundary before reversing.
This deceptive move can trap unsuspecting traders before the actual breakout occurs.
Trading Strategy: Navigating Solana's Triangle
Traders should exercise patience and caution when awaiting the breakout.
Consider implementing risk management strategies to protect against unexpected price swings.
Conclusion: Solana's Chart Saga
Solana's chart pattern is akin to a suspenseful story, with traders eagerly awaiting its climax. While triangles can be bullish indicators, it's essential to remember that trading involves risk.
As Solana carves out its path within this massive triangle, we watch with anticipation. Whether it's a fakeout or a direct breakout, this crypto's journey is far from over. Stay informed, adapt to market dynamics, and may your trades be ever in your favor!
The crypto world is filled with patterns and puzzles, and Solana's triangle is just one of the many tales unfolding. 📊🚀🌐
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Head and shoulderWe can see here is some correction over the share price may be it's making head and shoulder pattern on Syrma SGS
CMP - 622
First think then observe then invest
GILD Short This trade has multiple patterns on M15, and it is with the trend. All timeframes are overbought and have divergence, this trade should be able to fall to the bottom and maybe even more as it is hitting the H4 moving average and has the strength to fall especially with the news regarding Isreal as of now.
AMD Daily timeframeafter valid breakout from wedge patern in daily timeframe with candle we can enter to long position with 4 risk to reward that its good
maybe price want to meet trend line again.. pay attention to this
good luck
MKRUSDTOur uptrend line is reserved for the time being.
In the daily time frame, the crab pattern has appeared for us, which overlaps with the negative divergence of the RSI in the same time frame.
This pattern is a reversal of the trend.
If the upward trend line is broken and the range of $1,383 is consumed, the possibility of a corrective trend will be strengthened up to the price range of $993.
Eur/UsdHello traders!
My opinion is that the pair can make a retest of the level (1.0500) and then go to the level (1.0900). It can be seen that in the weekly period, the pair wants to retest the level (1.0900).
Wait to enter the trade! Be careful!
Don`t forget to look at the economic calendar!
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
🙏🏻🙏🏻🙏🏻
Crude - shark setting upCrude is setting up a shark pattern ending just below 80$ with a nice tight prz
Déjà Vu of 2021's Bearish Shift? 📉📉📉The Eerie Resemblance:
If you've been in the crypto game for a while, you might be experiencing déjà vu. In 2021, Bitcoin was riding high before it underwent a profound transformation from a bullish to a bearish trend. What followed was a period of intense volatility and uncertainty. 🐻
The Bearish Divergence:
One of the key signals of concern is the emergence of a notable bearish divergence. This phenomenon occurs when an asset's price makes higher highs while an oscillator, like the Relative Strength Index (RSI), forms lower highs. It suggests weakening buying momentum and is often a precursor to a trend reversal. 📊
What Lies Ahead:
While history doesn't always repeat itself, it can offer valuable lessons. The current market sentiment, combined with the bearish divergence, is a reminder of the importance of caution in crypto investing. 🚦
Trading Strategy:
Risk Management: Protect your capital by setting stop-loss orders and defining clear risk tolerance levels.
Diversification: Consider diversifying your portfolio to spread risk across different assets.
Stay Informed: Keep a close watch on market news and developments that could influence Bitcoin's price.
Conclusion:
The crypto market is inherently volatile, and it can shift rapidly. While the current situation may appear similar to 2021, it's essential to approach it with an open mind and a well-thought-out strategy.
Remember, trading and investing in cryptocurrencies carry risks, but they also offer opportunities. Stay vigilant, stay informed, and adapt to the evolving market conditions. 🌟
The future remains uncertain, but it's our ability to navigate the unknown that sets us apart as crypto enthusiasts.
❗️Get my 3 crypto trading indicators for FREE❗️ Link below🔑
GM TA - General Motors going downhey guys whats up its amir
So General Motors, what exactly do we have here:
- Beautiful bearish flag just got broke down
- I want you to notice to the RMACD we had last week a bull trigger and got rejected and now were closing a bearish trigger, and exactly the same happened in the drop last time (vertical lines) its a sign that the bears are stronger than the bulls.
- Watch at the volume indicator, for about two years you can see clearly who have control on the stock look at all the red bars, clearly the bears are in charge here.
- Good risk reward ratio 1:3 its fine.
defintely work for me.
*not financial advisor*
USOIL || Price AnalysisUpdate:-
USOIL is losing its momentum but it looks like it will retrace back before going below 89$.
Detailed analysis is marked on the chart.
Note: This is purely based on my analysis and not a financial advise.
DXY Reversal Based on historical pattern Hi Guys,
JUst for the Education purpose, found one interesting pattern in history which might be very worth looking at TVC:DXY charts
Lets look at this chart where i have market how DXY reversal might Play out
www.tradingview.com
This pattern i found which has similar or should i exact same character
Watch this in Hourly TF
its same pattern senario .
FEDEX Long M15 and M30 are oversold with divergence, there is a pattern on M15 and M30, There is very good support for this buy, as this is with the trend so it should go up to $270.
ADBE Short - This trade is with the daily and H4 trend
- There is a pattern on M15 and M30
- There is a lot of divergence
- This is a fast-moving pair so there is high stop loss but it should fall to the bottom (500)
📈 Litecoin's Ascending Channel: A Sign of Strength 📈Litecoin, often referred to as "digital silver," has been quietly making waves in the cryptocurrency market. A compelling technical pattern has emerged, signaling the coin's strength and potential for a sustained bullish trend. Let's explore the concept of an ascending channel and what it suggests for Litecoin.
The Ascending Channel: A Bullish Structure
An ascending channel is a technical pattern characterized by a series of higher highs and higher lows.
It represents an upward trending channel where buyers consistently enter at higher price levels.
Litecoin's Strong Position: Riding the Channel
Litecoin's price action has been remarkably consistent within this ascending channel.
The channel's boundaries serve as support and resistance levels, providing clear trading signals.
The Significance: Strength and Potential
The presence of an ascending channel is often seen as a sign of strength.
It reflects a consistent balance between buyers and sellers favoring upward momentum.
Trading Strategy: Navigating Litecoin's Channel
For traders, an ascending channel provides valuable reference points.
Consider long positions near the channel's lower boundary and take profits as the price approaches the upper boundary.
Conclusion: Litecoin's Ascending Channel
Litecoin's ability to maintain this ascending channel is a promising sign for its future performance. However, always remember that the cryptocurrency market can be volatile. Stay informed, adapt your strategy, and manage risk wisely.
As Litecoin continues to ride this bullish structure, it demonstrates the resilience and potential for growth within the crypto space. 🚀📈🌟
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