After yesterday's sell-off I started to wonder what would happen if BTC would fall again and how the price action would look like. If BTC were to go down again I'd look for a retest of the 61k-60k area (purple dotted line). This area has proven to offer strong support, and can be a stepping stone for an inverse head & shoulders pattern. Keep in mind that BTC...
It seems that according to the maintenance of the upward trend line (we do not have a LL on the price chart), if the resistance range of $8.7 is completely consumed; The probability of the continuation of the upward trend similar to the scenario is high. If this specified resistance area is not completely consumed, we expect a downward trend and the bullish...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 AUDCHF has been overall bullish, trading within the rising wedge in blue. Currently, AUDCHF is undergoing a correction phase and it is currently approaching the lower bound of the wedge. Moreover, it is retesting strong support zone marked in green. 🏹 Thus, the...
Now Apple in "Side Waves" or "Box", expect to Breakout. If Breakout above the Resistance zone, than Apple Next Target is Channel Top. Breakout is the confirmation market is move to Bullish Trend. And this price is $250 or more, it depend on time. A,B,C is drawn for channel. I want to help people to Make Profit all over the "World".
#VET/USDT #Analysis Description --------------------------------------------------------------- + VET has formed a clear wedge pattern, and a breakout seems imminent. + If the price breaks out from this falling wedge pattern, we can expect a significant price increase. + I'll enter a trade after the breakout...
In my most recent BTC analysis I talked about a pending break out of a bull-flag pattern. My previous design was not the one the market agreed upon, so had to redraw the bottom support. As expected, the price is breaking out through the top resistance as we speak. Wait for the candle to close for confirmation. My view is quite bullish, so I'm expecting this...
Bitcoin has shown that it's ready for a new all-time high by printing relatively big green candles over the last 3 days. However, the 73k-74k area remains an area of big resistance. Previous buyers are looking for an exit, whilst patient bears wait for the perfect short. My best guess is that Bitcoin is going to trade around the purple area for a couple of days,...
Triple top on M15 Hittin Daily and H4 trend Stop loss above 32 There is a pattern on M30
$BINANCE:1000PEPE (1D CHART) Technical Analysis Update PEPE is currently trading at $0.0081162 and showing overall bullish sentiment after the breakout, if this breakout hold then we have good chance a price pumping. If this is a fakeout then the price can break the support zone and fall more. Overall we are looking at solid breakout with potential a for a good...
Just like my recent CYBER analysis, MAV is trading within a bullish channel. I'm anticipating that the low is in (for now) and that the most likely path forward would be a continuation of the trend. Target at the top of the channel or 1.25$, stop below the recent swing lows.
CYBER is a relatively new token on the Binance exchange. Since it's inception, this token has been mainly going up inside this bullish channel. After a recent touch of the bottom support, it would theoretically be a great time to step in. Target at 22$, stop just below the recent swing lows.
Here I have GBP/JPY on the 1 HR chart! Price has been following what looks to be a Rising Resistance and Rising Support forming a RISING WEDGE!! Early this morning on disappointment of GBP strength, we seen price BREAK BEARISH strongly on the pattern!! I believe price is now retracing to the Rising Support of the Wedge to test as a VALID BREAK for confirmation...
Hi folks today I'm prepared for you Gold analytics. A not long time ago price little declined and then made impulse up higher than the resistance level, which coincided with the resistance zone, but soon turned around and declined below this level, making a fake breakout. Then Gold reached the 2400 resistance level again, but at once rebounded and fell to the...
#ONE/USDT #Analysis Description --------------------------------------------------------------- + The price has reached the broadening wedge pattern and is currently trading within the support zone. + I anticipate this support holding and the price rebounding from this zone. (However, if this support fails, our trade is invalidated.) + I'm initiating a short...
WLD has been trading alongside a bullish trendline. This trade is based on the idea that this bullish support line will hold and cause the price to reverse from there. Stop just below the May lows, target at the current all-time high (ATH).
BNB has been making some extraordinary moves last cycle, where it bottomed around $4.5 and made it to $700 during the next top. Looking at the chart, we can clearly see that BNB follows a bullish channel pattern. My assumption is that this channel will hold and that BNB will make a move towards the top of the channel. $10,000 is possible, it's a "mere" +5,000%...
Pattern on M15, All timeframes are overbought With the H4 trend stop-loss above 8300 1st target 8150
After successfully completing an inverse head & shoulders pattern, Bitcoin has seemingly found its way up again. Over the last week, trading has been characterized by many ups and downs, but the trend is still bullish. Bull-flags are classically bullish continuation patterns, so a bullish break out through the top resistance is to be expected at some...