Bullish Patterns
SWING IDEA - GILLANDERSMACD crossover is in play on the weekly charts.
Support level has currently formed at the 91 levels. Weekly closes above this level is crucial for a rally upward.
MACD cross has already given 12% up move so far this week. Let's hope we start seeing new highs in the coming weeks.
BANANA/USDT: READY FOR A 80-90% UPSIDE MOVE!!Hey everyone!
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BANANA looks good here. It breaks out from the symmetrical triangle and also did a successful retest. Long some now and add more in the dip.
Entry range:- $42-$46
Targets:- $53/$60/$68/$81
SL:- $39.5
Lev:- 2x-4x
What are your thoughts on BANANA's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
AUD/NZD Bullish Due to Diverging Rate Policies
The AUD/NZD is currently showing bullish momentum due to diverging monetary policies between the Reserve Bank of New Zealand (RBNZ) and the Reserve Bank of Australia (RBA).
- RBNZ: Having paused its rate hikes at 5.5%, signaling that further tightening is unlikely, has weakened NZD sentiment.
- RBA: With a more hawkish stance and potential future rate hikes, AUD is becoming more attractive to investors.
This narrowing interest rate differential and stronger outlook for AUD are driving the pair higher.
Expect Level : 1.09940
ONE MORE LEG DOWN FOR BITCOIN BEFORE TAKE OFF..???I got an interesting view on BITCOIN while all bullish-ers and bullsh17-ers always talk about BUY BUY BUY..
I own Bitcoin and hold some of it, but i just sold a huge portion of my bitcoin and prepare to re-entry around 50k.
I assumed the W-Y-Z correction is not over, and Bitcoin owe one more leg down to accomplish the "Z", which is at least as low as "Y", around 49k to 50k.
Of course for long term view i am still and still so confident that Bitcoin will reach at least 100k to 125k.
LET'S GO!
CHEERSS!!!
AVAX Long Spot Position (Support Entry)Market Context: AVAX has retraced to a key support level between $23.00 and $25.50, offering a strategic entry point for a long trade as it shows potential for a bounce.
Trade Setup:
Entry: In the current $23.00 - $25.50 level of support.
Take Profit:
First target: $30.50 - $33.00
Second target: $39.00 - $41.50
Stop Loss: Just below $24.50.
This trade aims to leverage the support level for a potential upward movement, maintaining a favorable risk-reward ratio. #AVAX #SupportTrade
AR Long Spot Position (Support Entry)Market Context: AR has retraced to a significant area of support between $18.00 and $20.00, creating a favorable opportunity for a long trade. This setup looks promising if the support holds.
Trade Setup:
Entry: In the current $18.00 - $20.00 area of support.
Take Profit:
First target: $24.00 - $26.50
Second target: $32.00 - $35.00
Stop Loss: Around $16.00.
This trade aims to capitalize on the bounce from support, providing a structured risk-reward profile. #AR #SupportTrade
THETA Long Spot Position (Support Entry)Market Context: THETA has retraced to a key support level at $1.30, presenting a solid opportunity for a long trade. The setup provides a good risk-reward profile if the support holds and the price starts to bounce.
Trade Setup:
Entry: At the current $1.30 level of support.
Take Profit:
First target: $1.50 - $1.67
Second target: $1.85 - $2.05
Stop Loss: Just below $1.24.
This setup focuses on capturing the bounce from support with defined risk. #THETA #SupportTrade
JUP/USDT: LOOKS PRIME FOR A 150% RALLY!!Hey everyone!
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JUP looks very promising right now. It has broken out of a descending triangle and is currently retesting that triangle. I'm considering building a spot position here.
Entry Range: Current Market Price (CMP) and add more up to $0.72
Targets: $1.04 / $1.32 / $1.68 / $1.96
Stop Loss: $0.59
What are your thoughts on JUP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
EUR/GBP BEST PLACE TO BUY FROM|LONG
Hello, Friends!
EUR-GBP downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.847 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/GBP pair.
✅LIKE AND COMMENT MY IDEAS✅
USOIL Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring USOIL for a buying opportunity around 70.50 zone, USOIL was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 70.50 support and resistance area.
Trade safe, Joe.
ALT M.CAP: JUST DID A RETEST! HODL YOUR ALTCOIN BAG!!Hey everyone!
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What is Total3?
Total3 refers to the total market capitalization of all cryptocurrencies except for Bitcoin (BTC) and Ethereum (ETH). It provides a clearer picture of the overall market health of altcoins, excluding the influence of the two largest cryptocurrencies.
Now, let’s analyze its chart.
If you're worried about the recent dip in altcoins, take a look at this chart. Total3 has broken out from a bull flag on the daily time frame and is currently retesting that flag. If it holds at this retest level, we can expect another bullish rally in altcoins soon.
Don’t be scared by negative news like the war; such situations are temporary, and the market has rebounded many times in the past. Use this dip as an opportunity to dollar-cost average (DCA) into your altcoin positions. If you've already accumulated, just hold patiently.
What are your thoughts on Total3's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
MYRO Long Spot Position (Reversal with 21 EMA Reclaim)Market Context: MYRO is showing signs of reversal by reclaiming the 21 EMA for the first time since July and turning a key resistance line into support. This offers a promising risk-to-reward trade if the price continues moving upward.
Trade Setup:
Entry: Around $0.082.
Take Profit:
First target: $0.115
Second target: $0.16
Third target: $0.22
Fourth target: $0.26
Stop Loss: Daily close below $0.074.
This setup has a favorable risk-to-reward profile if the upward momentum holds. #MYRO #CryptoReversal