Bitcoin - 1 million USD (You have never seen this before)
You see this ascending parallel channel for the first time! The channel is projected from the start of the bull market in 2018 to the end of the bull market in 2021.
The road to 1 million will be full of traps, liquidations, scams, and frauds. But if you are ready for a roller coaster, you can hold your bitcoins in cold wallets such as Trezor, where they will be frozen to death.
This is a projection because, of course, no one can predict the halving dates. I want to show you how Bitcoin can behave on the road to 1 million USD.
This parallel channel should be sustainable over time; there is not too much pressure, and we can reach 1 million in 2037. But for now, we are in 2022, and the current price is 16,500 USD.
As you can clearly see, Bitcoin could reach 6,500 USD next year to touch the bottom of the parallel channel. I don't see any problem with that.
Who will get rekt after FTX? Let me know in the comment section right now!
Bitcoin is extremely volatile and dangerous asset, they said. If you bought the peak, then yes, it's dangerous.
Thanks for your attention!
Ascending Channel
GOLD (XAUUSD) BEARISH MOMENTUM FORECASTHead and shoulder formed at the third touch of the expanding channel, followed by a bearish impulsive break.
Looking forward to some further bearish momentum after the formation of a corrective structure at the moment either in the form of an ascending or expanding channel.
Decending Channel + weak bullish signalThe end of an ascending channel and the beginning of a descending channel.
As we can see the RSI indicator is in an overbought zone for some hours, however the MACD weren't strong enough to continue going up after crossing the signal line and went down again, so the candles continues to make HL and just two HH.
The BB moving average was crossed but just with two shadow candles and the second one was a bearish candle followed by a full bearish candle
GBPUSD-Weekly Market Analysis-Nov22,Wk4It's amazing that for more than a week, the market trial along the tip of the ascending channel; shows that the market has hesitance to break and close above the channel.
That is excellent news, as I plan to short the GBPUSD off the Weekly Resistance Level. You could check the related ideas within the tradingview post for my lower timeframe strategy.
If a break and close above the parallel channel happens, I will wait for a candlestick pattern confirmation at 1.2572 for a Bearish Butterfly Pattern. The harmonic pattern has the potential to form within the next consolidation zone, which is great for extension patterns like the Butterfly Patterns.
GOLD 4 steps trading (short position) ❌🧨Hello 🐋
Based on the chart
the price is close to great monthly resistance area ✔️
if
the price doesn't break resistance zone to the upside, we will see more correction to the downside ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Bitcoin - The strongest support right now! 0.618 FIB
Today I woke up and saw a massive red dildo and I have to make an update and give you an idea, so keep reading!
As you can see on the chart, the price went down pretty significantly, but is it really a problem? I don't think so.
I detected an impulse wave that was completed a few days ago, and we are retracing this wave. There is nothing wrong with that. Currently we are at the 0.618 FIB retracement, which is a classic correction for an impulse wave (1).
The 0.618 FIB is a very healthy correction and usually the majority is selling while the smart money is buying.
If you think Bitcoin is going to 13k, let me know in the comment section.
Counter-trends are usually very steep, which can be seen on this chart.
Bitcoin is very weak compared to altcoins, very weak. This is an indication of an alt season to me.
For more analysis, hit "Like" and "Follow"!
Bitcoin - Next week will be extremely bullish!
It looks like next week will be extremely bullish for Bitcon and also for the altcoins!
Price is currently moving in the ascending parallel channel, so the bulls have strong momentum.
As per my Elliott Wave analysis, the first impulse wave has been completed, and I expect another 2 impulse waves to the upside.
23 000 USD next week is definitely possible!
There are no gaps that need to be filled on this chart, which looks safe.
The chart is printing a bullish flag, so wait for a breakout for confirmation!
I wish you massive profits!
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
For more analysis, hit "Like" and "Follow"!
USDCAD ! It looks like a Head and shoulders pattern, short ideaUSDCAD has been trading in an ascending channel for a long time. I currently see a USDCAD made Head and shoulders pattern on the daily chart, but neckline has not been broken yet. If the neckline breaks, of course it will be confirmed. Therefore, it is too early to see long trades, I think you should open a long trade test 100 EMA..
***Buy Nasdaq hedged by S&P***NDX underperformance vs. SPX is becoming extreme here, last time (in June 2022 right after the OPEX Quadruple witching we bounced massively on it until mid July
This chart is the Weekly (log term) showing an intact uptrend right at the bottom of it here.
Bottom Line buy here NDX hedged in SPX you are being supported by L/T Moving average below. 200d-MA
Since SPX and NDX moves closer the Historical Volatility 8% (your risk) in entering the spread has a lower than the mrket currenlty at 27%.
✅LDO - This altcoin is ready to fly!
Everyone is waiting for trade setups like this! LDO is a very promising altcoin and I will tell you why in this analysis.
As you can see, the price is moving in an ascending parallel channel. This channel currently has only 3 touches, so it's brand new.
inside the parallel channel, there is a bullish flag that is currently breaking out! It's definitely a great time to buy right now!
The uptrend started with a strong impulse wave, which is a great indication of strength. Wave 2 has been completed successfully as an ABC ZigZag and we have already started a third wave to the upside!
The profit target is at 1:1 FIB extension LOG / 2.618 FIB LINEAR or the top of the parallel channel on the LOG scale.
Lido is a liquid staking solution for Ethereum. Lido lets users stake their ETH with no minimum deposits or maintaining of infrastructure - whilst participating in on-chain activities, e.g. lending, to compound returns.
If you bought this altcoin or if you want to buy this altcoin, then comment on this idea!
For more analysis, hit "Like" and "Follow"!
✅Bitcoin - You must see this!
Bitcoin is the beast! Did you see that green dildo on DOGE? This is what is going to happen with Bitcoin, so hit the like/boost button if you want this scenario right now!
Doge is a great indicator that the bottom of Bitcoin is in and extremely bullish November starts in just 2 days.
If we maintain this parallel channel, Bitcoin could reach $23,000 USDT next week. No problem at all.
As per my Elliott Wave analysis, we have plenty of room to go to the upside because the impulsive structure is probably incomplete.
If you are bearish, comment on this idea to share your opinion!
The stock market can continue to drop while Bitcoin can go up. I don't see any issue with that. But the bottom of the stock market could be in as well.
Bitcoin may never fall below 20k again. But the price is still very cheap and very good for an investment with a great risk-to-reward ratio.
For more analysis, hit "Like" and "Follow"!
AUD/JPY: Long position; updateIn this update, I made an analysis in the morning today that I see a potential long position in AUD/JPY to find up long position.
So, I will decide to run this trade until next week. Remember you're early to entry in the long position in AUD/JPY. So, I entry price was $94.58 JPY. Stop Loss to $93.89 JPY (53 pips) and take profit toward $95.60 JPY (Update) (103 pips). So, we have this opportunity in our hand to buy early now and hold this long position until next week. Technically, AUD/JPY forming a bullish channel and after this drop that was this week, we're in the good zone to buy.
Any loss or earn, will be accredited for November, as we're going to start a new month. What I don't make any review in this analysis until closed up one of my two direction, loss or earn.
Good luck!!!
In H1 timeframe look bullish for this side, with a lot potential to continue up.
And in H4, the price still bullish in this range formed, what we see a lot potential to the upside movement.
Bitcoin it's in the top of this channelBitcoin it's in the good point to look a short position in H4 timeframe. We're in the formation of the possible weak from this level $20,400 USD.
So, I hope that Bitcoin continue down. If we see a bearish rejection from this top, I would to put a sell order limit to $20,600 USD with chance to short.
Also, in H1 timeframe we see a bearish candlestick formation and broke down of this support around $20,480 USD. Now, I will expect how the H4 candlestick will closed up in this range to get a comprehensive information if I see a short position in Bitcoin. In case that Bitcoin give us a bearish signal, Bitcoin could to reach to the target toward $19,220 USD.
Good luck!!!
In the past analysis, I predicted very well the climb of this price. But as I don't get this trade, i cancelled, but I improve very well my analysis there. And Ethereum case, was an excellent trade that I cached in trading.
Bitcoin forming bullish rising wedgeIn this analysis, Bitcoin it's into this bullish channel in H4 timeframe what the price it's being formed. And we're in the strong support that you can to watching in Daily timeframe or here in this screenshot that I share you:
Based in this perspective, we developing a strong support what in 5 times the bulls are defend this level of $18, 980 USD. And also, we forming a big bulish rising wedge, that mean if the price continue up, we could to see that Bitcoin hit the mark of $22,000 USD approx. But everything will depend how the market make reaction in the next week.
But now, in H4 into this deep analysis, we forming a bullish channel and into this chartist pattern, we see a bullish rising wedge in formation.
Now, I believe that we're in the good moment to place a buy order limit to make a trading in Bitcoin. I put a buy order limit to $18,980 USD. Stop Loss to $18,300 USD and take profit to $20,660 USD. It's a risk/benefit 1:2
Good luck!!!
I will look Ethereum situation!!!
✅Ethereum - No one is talking about this!
It's been 41 days since the merge. If Ethereum was still on PoW, there would be up to 488,000 ETH that miners would be able to dump into the market. Instead, net issuance is only 1,300 ETH since merge and stakers can't sell any of that yet! This is absolutely bullish.
Hit the like button if you didn't know that, because no one is talking about it!
As you can see on the chart, there is an ascending parallel channel, which is really great for a potential profit target or a sell short opportunity. This channel is on the LOG scale, but you can also draw it on the linear scale. Both are valid, unfortunately.
According to my Elliott Wave analysis, a previous extremely strong impulse wave gives us a great chance for a new swing high! Also, the correction has been clearly completed as a double ZigZag.
The price is above the blue trendline and do not be fooled. This trendline is much longer than you can see on the chart, but I am unable to show you on this daily timeframe.
It looks like November will be very bullish for the crypto market, which is really great, isn't it?
Look at my ideas about Bitcoin and 0% inflation in the related section down below!
For more analysis, hit "Like" and "Follow"!
BTCUSDT major daily support ahead As we can see price is near the major daily support zone so if this support hold then we can expect a rise here like the green arrows mentioned on the chart but any breakout to the downside can cause more dump here and the next target would be 17K$.
((press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis))
Bitcoin BTC, Secret trendline from 2013! No one is talking about
This is the monthly historical chart for Bitcoin , and as you can see, we are currently at major and very important support!
We have a long-term trendline that is printed only on the LOG scale, and the majority of retail traders never use the LOG scale, so that's why it's invisible to them.
The trendline was established in 2013, and this is the one and only one trendline you can draw at this moment.
So what happens if we break this trendline and previous all-time high from 2017 in conluence? Well, it will be extremely nasty, and this bear market is probably going to be the longest in the history of Bitcoin . We can basically have a 10-year sideways/corrective structure. There is also a possibility of a drop to 3000 USD (not now, but later in 2024) to the previous swing low from 2020. This is a true bubble that will pop, not the previous 2014 or 2017.
Also, if we break this trendline, then I can make a complete lifetime impulse wave from 2009 to 2021, and we are prepared for a multi-year massive ABC correction.
But I have faith in this support because, why not? Any speculation on a breakdown is, in my opinion, very risky at this point. You don't want to short the support and long the resistance, you want to do exactly the opposite. But the majority of breakout traders make this mistake. First, they should wait for confirmation before entering a short position here.
Do you think the trendline will hold or not? Let me know in the comment section!
For more analysis, please hit "Like" and "Follow"!
TCI - Ascending parallel channel pattern - 10% ROIAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.