BITCOIN (BTC) TO RALLYIt is observed that price is traded within a band (blue channel) forming a pattern known as the bullish flag which is highlighted (green) pole and a trading channel (blue).
This present a massive opportunity as this chart structure indicates a prospective price rise of about 70%.
This also aligns with the other fundamentals like the US elections in November as usually market makers will take position before significant events.
The idea is to buy at the lower troughs of the blue channel while expecting a price break-out to about $88,000
ACTION PLAN
50,560-53,770 -- BUY
50,550 -48,659 --WAIT/ DO NOTHING
BELOW 48,396 --SELL
However, this trade idea gives a risk reward ratio of 8.9.
Goodluck!!
Breakout
DOGECOIN: THERE WERE SIGNS! COINBASE:DOGEUSD
DOGECOIN: THERE WERE SIGNS!
The signs:
1.) High Five Setup (Macd/ RSI/ Trend/ Volume profile/ chart pattern)
2.) Symmetrical triangle breakout on the weekly with a retest
3.) Bitcoin's tide is lifting all ships.
Measured Move Hit.
I was not in this name; I just wanted to use it as a tutorial.
NFA
COTI/USDT: BREAKOUT ALERT! 3X PROFIT POTENTIAL!!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
COTI is showing strength right now! It’s breaking out from a descending triangle pattern and looks poised for a potential 2x-3x rally from this level. Start accumulating here, and consider adding more if there’s a dip.
Entry Range: $0.094 - $0.106
Target: 250% - 300%
Stop Loss: $0.08
COTI’s price action is shaping up to be a solid bullish setup. What are your thoughts? Drop your insights and analysis in the comments below!
Cycle repetition - Greed and Fear indexDespite all the market decline and market negativity, my prediction of the next movement still bullish until we reach $80,000$.
Reasons for this market lecture :
Greed and fear index is repeating the same cycle as 2021 bull market.
Accumulation pattern : as explained before , bitcoin is in bullish flag pattern which is the most bullish pattern in technical analysis world.
False breakout of the bullish flag pattern : this is one of the extremly bullish reversal signals.
I expect that the market will enter a short term accumulation. This accumulation will make the Greed index reaches 20 to 25. Then it will target $80,000.
$BABA Long Ahead Of EarningsNYSE:BABA will have earnings soon and I think it will execute a breakout towards the indicated targets.
I would consider purchasing the 110 Calls with an expiration date of 2025-2-21, for a premium of approximately $3.30. Good time to buy call options!
(Credit for contract idea @TopgOptions)
DOGS/USDT: BREAKOUT ALERT! Is a 160% Rally Incoming?Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
DOGS Coin is showing serious potential right now. Known for its community-driven approach and utility in decentralized finance, DOGS Coin is breaking out from a descending triangle on the daily timeframe and is currently retesting this breakout level. After a successful retest, we could see a substantial 150-160% pump. Accumulate some here, with plans to add more on any dips.
Entry Range: Current Price (CMP) and add more up to $0.00052
Targets: $0.0008 / $0.0011 / $0.00152
Stop Loss: $0.000444
DOGS Coin’s price action looks like a strong bullish setup! What’s your take? Share your insights and analysis in the comments below!
AI/USDT: BREAKOUT ALERT! READY FOR 40% MOVE!!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
AI Update: It’s looking strong! AI is breaking out of a falling wedge structure on the 4-hour timeframe and appears poised for a 35-40% move to the upside. Consider taking a position now and adding more on dips.
Entry Range: Current Price (CMP) and add more up to $0.39
Targets: $0.445 / $0.481 / $0.555
Stop Loss: $0.369
Leverage: Use low leverage (Max 5x)
What’s your take on AI’s current price action? I’m seeing a promising bullish setup here! Share your insights and analysis in the comments below!
SWING IDEA - WIPROWipro , one of India's leading information technology companies, is displaying technical signals that suggest a promising swing trading opportunity.
Reasons are listed below :
550 Zone Breakout : The 550 level has been a significant resistance zone, and the price has recently broken out above this level, indicating strong bullish momentum.
Cup and Handle Pattern Breakout : The price has broken out of a cup and handle pattern, a bullish continuation pattern that suggests potential for further upward movement.
Bullish Breakthrough Candle on Daily Timeframe : The formation of a bullish breakthrough candle on the daily chart indicates strong buying pressure and further supports the bullish case.
Breakout of 2+ Year Consolidation Zone : The stock has broken out of a long consolidation phase lasting over two years, signaling a potential new bullish trend.
Support on 50 and 200 EMA on Weekly Timeframe : The stock is finding support at both the 50-week and 200-week exponential moving averages (EMA), reinforcing the overall bullish sentiment and providing strong support levels.
Target - 640 // 725
Stoploss - weekly close below 490
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
#ETH/USDT Breaks Out! Next Stop: $4,000?Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
Welcome to this quick ETH update.
A few days ago, I shared that ETH was trading around $2,400 and had strong bounce potential—and it’s been moving right on track. Check out the chart below!
ETH is now trading around the $2,900 level, breaking out of a descending channel on the daily timeframe. A solid 40% move to the upside looks likely, which could bring ETH up to the $4,000 range in the coming weeks.
Entry: $2,750-$2,900
Target: $4,000
Stop Loss: $2,650
What’s your take on ETH’s current price action? Are you spotting this bullish setup too? Share your analysis in the comments, and let’s ride this wave together!
Slow and steady for Ethereum Alright yall listen carefully; everyone should be in profit or just took the profit and got in; we are in the Kill switch situation here.
The resistance of 2920 area is strong but challenging; and i just made 300$ profit; withdrawal and then just got in just a min ago.
Be sure have enough margin so you wont get spiked out.
So ethereum passed the recent resistance level but now we need to get to 3,000 that is all and then Ethereum will be fine bullish. If you just bought the dip then you should be good if just bought it and waiting just hold and be patient.
So 2920 is challenging resistance and goal is to break it and get to 3000. I place $100 margin/114% of my trading; so first break the resistance, 3000 and then onto 4000. We are going slow but be sure to use proper risk management of your bankroll cuz we are going to make bank.
I will have other most recent post overall. Its still bullish so dont worry ; ride with me and the bands are still riding upwards
Tesla - This Will Be A Wild Ride!Tesla ( NASDAQ:TSLA ) is deciding about its future in the next 8 days:
Click chart above to see the detailed analysis👆🏻
During the next 8 days - until this monthly candle closes - we will see whether or not Tesla will enter the next major bullrun. Currently Tesla is trading at the important triangle breakout level after dropping about -20% this month so far. The future of Tesla will depend on this breakout.
Levels to watch: $160, $200, $270
Keep your long term vision,
Philip (BasicTrading)
Dogecoin - Get In Now Before It Hits $10!Dogecoin ( CRYPTO:DOGEUSD ) is about to repeat another bullish cycle:
Click chart above to see the detailed analysis👆🏻
Dogecoin just broke out of the previous bear market triangle pattern and is starting its next major bullrun. Looking at market structure, price action and previous cycles, Dogecoin could even hit two digits after is manages to break above the all time high. You know what's possible.
Levels to watch: $0.1, $0.2, $0.5, $10
Keep your long term vision,
Philip (BasicTrading)
PLTR Back to ATHsBounced off the .382 fib retracement with only ATH remaining. Lots of bullish momentum and TA has been smooth as well. Possible S&P 500 inclusion in September could also be driving price action from "smart money."
Flow into calls has been increasing with a few big orders above ATH have been spotted
BTC POST HALVING History doesn't repeat itself, but it often rhymes...
We're now in the post-halving part of the Bullrun, and we can look back into Bitcoins history to help predict what might happen next.
Typically A bull cycle lasts 1065 days from the low to the high with the halving event in the middle. If we use that same timeframe and apply it to this Bullrun we can expect the peak for BTC to come in early October of 2025.
Now we know that once BTC has had it's top, altcoins regain some of the market dominance in an "Alt season" which is often a manic period of profits from BTC being poured into increasingly risky projects until the whole thing comes crumbling down, which then leads too...
The bear market which historically lasts for a full year from top to bottom. The bear market comes when most people least expect it as they are so used to price going up, complacency and greed can cost you all of the gains made in the last 3+ years. It's also important to note that BTC routinely goes through 25-30% corrections on the way up, and this is where many fall down. Knowing the difference between a correction and a top is the difference between making it and roundtripping everything. Have an exit strategy, take profit at key areas, don't let greed win.
The Fibonacci levels can be very useful when a project goes into price discovery as well as big even levels, your 100, 150, 200's etc. When Fib levels line up with these big evens you can expect resistance and therefor look to protect your capital.
Bitcoin is very close to a breakout from the '21 ATH level, we've been above SWB:69K before but swing failed to hit $56K, I am still a little worried about the GETTEX:52K +VE Orderblock as shown in green, it would make sense to revisit that area at some point however it does depend on this current SWB:69K S/R level.
BITCOIN TREND PIVOT With all the geo-political noise it's easy to get caught up in the low timeframe madness. Zooming out and looking at the High timeframe structure, things get a little simpler...
For me, BTC has been in two different smaller phases within a larger bullflag pattern. Phase one is the bearish part of the bullflag where price prints lower highs and lower lows , this lasted for 150 days with a pivot once price wicked into the bullish OB @ $50K.
From that pivot point the second phase started and it's where we are now. Once we got our first higher low the new bullish trend began, higher lows and higher highs followed and continues on until now.
Now the interesting part is how BTC has broken out of the bigger bullflag pattern and that's shown by the X's and ^'s on the chart. In recent days BTC has broken out of the bigger bullflag pattern as shown by the tick where price rejected off the '21 ATH and retested what was formerly trend resistance and now support after a successful bullish reaction off that level for the first time in 8 months.
Price is now at the highs with the US election around the corner and %16B FTX repayments on the way , can BTC go one step further and make a new ATH? Time will tell but for now the structure is the most important thing. Higher highs and higher lows, that's it.