XRP Testing MomentumHey Trader!
This is a quick update, as it builds on one of my recent analysis.
As I have illustrated, XRP is moving within strong resistance levels, where there is a lot of liquidity from the recent triangle formation.
XRP is charging up the momentum to break these levels and head for the ≈$3 fib. target!
Alternatively XRP has to pull back to a support level before going up.
I am generally positive about the future for XRP.
I wish you a pleasant day!
Bullish Patterns
NZD/USD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
Previous week’s red candle means that for us the NZD/USD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 0.586.
✅LIKE AND COMMENT MY IDEAS✅
ARB Analysis Pump IT Looking at this chart, do not underestimate the potential of ARB. The price could reach its target much faster than expected, potentially even before the projected timeline of April 2025.
If it does reach this level ahead of schedule, you’ll be surprised by the price it achieves. Let’s just say it’s a double-digit figure, but I’ll keep the exact number to myself for now.
Stay tuned—this is going to be an exciting journey! 🚀
BNB/USDT: Weekly Breakout! Massive Rally Ahead – Are You Ready?🚀 Hey everyone! 👋
If you’re finding value in this analysis, don’t forget to smash that 👍 and hit follow for premium setups that actually deliver results! 💹
🔍 Technical Breakdown:
BNB is looking primed for a massive rally! 💥 Breaking out of a textbook inverse head and shoulders pattern on the weekly time frame, BNB is flashing a strong bullish signal. The retest looks solid, and the setup suggests significant upside potential from here. 🟢
📈 Entry Range: $675-$735
🎯 Targets:
1️⃣ $980
2️⃣ $1,370
3️⃣ $1,660
4️⃣ $2,280
❌ Stop Loss: $480
⚖️ Leverage: Use low leverage for a safer trade (max 5x).
💬 What’s your take on BNB’s breakout potential? Are you spotting the same bullish momentum, or do you see it playing out differently? Let’s discuss in the comments below! Share your thoughts and analysis, and let’s make the most of this opportunity together. 🚀💰
The current current state of ETH and BTC bull markets
As you see by the chart, we broke out of a descending trend recently for ETH and we had a tight ascending channel, which we now have broken out of again, likely ETH will make another really nice jump soon on the break out. This appears to be early on in the ETH break out where ETH appears to be lagging BTC by at least a couple of weeks.
We also see that BTC reversed a short term descending channel recently, broke out of it and that helped it surge past $100k with ease and now we are in an ascending channel that is a break out from BTC's prior ascending pattern.
BTC Chart
We also see that since ETH has started breaking out, it has really impacted the BTC dominance chart, BTC has lost over 5% of its market dominance in the last week or so.
BTC Dominance chart
Overall both of these seem real bullish. I dont actually hold or trade either one, though I came up on ETH, where I started buying ETH at .88 cents each. I dont trade them because the chances of either having 50%-100% gains in a day is pretty much impossible, even 20% is not likely they are just such large caps with so much order books and participation not to mention ETF impact. But there are a lot of cryptos that are running 20%, 50%, 100% every day. The thing is, if BTC/ETH are in bad health, it makes trading anything a risk because when they dump they effect the market. At the moment, it does not look as though BTC or ETH are staging anything that would cause any significant negative impact to alts other than if they run hard and thats where all the money goes.
for order books they both seem strong with positive trader sentiment though BTC had pulled back it appears to be building rapidly again.
Why hello there ETH, can we be friends?barring any black swan events - now that we have the new ETH release forthcoming, the bitcoin halving in the future, and the bear market behind us (fingers crossed?), this is the trend - we'll see some stops and volatility at the major support/resistances for trading.
I'll just be holding for the next year or two. Less stress!
MYRO Long Spot Trade (Meme Sector Opportunity) Market Context:
The meme sector is poised for a second wave of interest, and MYRO has yet to fully capitalize on this trend. With a forming uptrend, MYRO presents a compelling opportunity for upside expansion.
Trade Details:
Entry Zone: Around $0.13.
Take Profit Targets:
First target: $0.16
Second target: $0.22
Third target: $0.31
Stop Loss: Daily close below $0.08.
This setup aligns with a growing meme narrative, offering favorable risk-to-reward potential.
Cardano With a Bright Bullrun!Hey Trader!
Cardano is trading within a descending channel, presenting a clear structure of lower highs and lower lows. While this pattern often leans bearish, there are signs of buyer activity, as evidenced by the repeated bounces off the lower trendline. This suggests that the market is at a pivotal moment, with the potential for a significant move in either direction.
The key resistance to watch is at $1.3269 . If ADA manages to break above this level and exit the descending channel with strong volume, it could signal the start of a bullish rally, potentially driving the price toward levels above $1.40 . Conversely, if the price fails to hold the current support at $1.0576 , a deeper drop toward $1.0378 could materialize, shifting the momentum decisively in favor of the bears.
The RSI indicator remains neutral, suggesting that the market is in a consolidation phase and building momentum for a breakout. Volume will be crucial in confirming the direction of the next move. With buyers stepping in to defend support and sellers maintaining pressure at resistance, this setup is nearing a critical decision point.
Stay alert for how ADA reacts around these levels—it could define the next major trend. What’s your take on ADA? Will it break upward or continue downward? Let me know in the comments!
$UAA Under Armour LONGUnder Armour looks nice. Might get a retest soon and then it's a perfect entry.
Good time to start buying in now.
Have no idea what happening inside of the company if there is any bad new of course you shouldn't long.
If I wanted to rotate my gains from the Stocks that already pumped this would be it.
$PYPL Paypal up only?PayPal looks like it's about to start mooning.
Don't forget that PayPal have crypto trading now. When pebbles will come into market they will mainly use companies like Robinhood, Paypal, Coinbase to buy it.
Have no idea what happening inside of the company if there is any bad new of course you shouldn't long.
If I wanted to rotate my gains from the Stocks that already pumped this would be it.
$NKE Nike ready for move back to it's ATH?Look like Nike bout to start moving.
The TA doesn't look bad. Might get a retest of ~70$ before the move.
Have no idea what happening inside of the company if there is any bad new of course you shouldn't long.
If I wanted to rotate my gains from the Stocks that already pumped this would be it.
USOIL SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
USOIL is making a bearish pullback on the 1H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 68.67 level.
✅LIKE AND COMMENT MY IDEAS✅
AUD/USD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
It makes sense for us to go long on AUD/USD right now from the support line below with the target of 0.658 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
✅LIKE AND COMMENT MY IDEAS✅
LTC Headed back to $400 - A Guide To Maximizing the OpportunityHello Friends! Today we're going to do analysis on one of the most underrated and oldest coins in crypto - That's right, it's Litecoin! I've had my share of ups and downs with LTC over the years (see what I did there? 😀), and recently I've questioned its relevance myself. Yet it remains a top 30 Market cap coin, with a current Market Cap of $10.33 Billion USD).
Looking at the Monthly Chart, we immediately see this tightening symmetrical triangle. If you look at the same Monthly chart for XRP Ripple, you can see the exact same tightening triangle that recently broke out to a 350% move in just a month, shocking the world. Could Litecoin be next? Let's look at the charts and see if there's other supporting data for this hypothesis.
Before we do, we cannot deny what is plain to see with your own eyes. Litecoin has just broken out of this triangle in the last week and started to make its ascent. But how high can it go? The all-time high was $413.
As we move into the Daily chart, we can see the Fibonacci Extension aligns with the move to $400. I also have drawn an ABC correction although it doesn't exactly look right. Regardles, you can get the Elliot Waves and ABC correction on this move with these coordinates. The Fib Extension will become a lot more apparent as we zoom in further.
Here's where things get REALLY exciting. Often, inexperienced crypto analysts forget to use the BTC pairing as a leading indicator. This chart shows 3 exciting things that make an upward move against Bitcoin imminent.
1. The massive downward facing wedge which coincidentally works alongside the USD pairing symmetrical triangle.
2. The 200-day Moving Average (purple line) that LTC has broken out above.
3. The increasing steady volume as LTC inches closer to the upper trendline of the wedge.
Zooming in on the LTC/BTC pairing 4-hour chart, we discover an obvious ascending triangle that has been printing itself since the low of November 13th, with the upper trendline resistance falling right on the 200-day moving average. The breakout above this line with volume was a clear buying signal, and led to a rally in the USD pairing later that day. For full transparency, I used this signal to take a position immediately, which I scaled further into as the USD pair confirmed the breakout.
Looking back at the LTC/USD pairing and zooming into the 1 hour, we notice that the November 13th BTC pairing low coincides with the break of the USD pairing, and we have a clear break out from the monthly symmetrical triangle supported by volume. We've also identified a potential channel that could be used to track the move up.
Finally, zooming back out to the Monthly Chart, we see the Fib Extensions happen to line up perfectly with every cycle top, completing at the all-time high. Can you say confluence? It's almost too perfect. This chart combined with the previous should be screaming at you by now that this is obvious.
Thanks for reading and be safe out there! This is for informational purposes only and not a suggestion or recommendation to buy or sell any asset or otherwise. You are responsible for your own decisions no matter where you get information. Never invest if you can't afford it and consider all investing gambling.
- Shadowfigure
Coti/UsdtBINANCE:COTIUSDT
OTC:COTI - Big green candle awaited! 🚀🚀🚀
- Vertical accumulation on H4 below major resistance! 📊
- Safe uptrend on the daily chart 📈
- Weekly chart looks strong with a clean breakout (SSB) & bullish katana ✅
- Recent news (Bankor, V2 upgrade) are also bullish! 📰
The breakout is going to be huge! 💥
**Upper key resistance zones:**
🎯 **$0.2100 - $0.2200** | **$0.2500** | **$0.2700**
Zooming out on the weekly view, OTC:COTI is set for a medium-term run toward **$0.4000**! 🚀
*Not financial advice* 💡
JAPAN 225 INDEX Bullish Projection CHART
Technical Analysis of Japan 225 Index (4H Chart)
Overview:
The Japan 225 index, as depicted on the 4-hour chart, is currently navigating through a complex pattern with multiple trend lines and Fibonacci retracement levels in play.
RSI signaling bullish technically, within zone of "overvalued." This is in alignment with both Trends and Horizontal Support along with multiple other indicators. Also to note, it is falling towards the 200 EMA, it is about to close a gap on a pattern that has broken out bullish, which aligns with a major trend and horizontal support area, which then takes us to the next trendline, which is a bearish trend trading in a bullish direction. Essentially, this is a really important zone. Price either breaks downward, and likely closes another gap showing in yellow on the chart OR price hits support and we really start to see an upward climb. This movement would be similar to how the SP500 is melting up towards the 6500 range.
Here's a detailed analysis:
Trend Analysis:
Support Trend Line: The price is holding above a key ascending support trend line, which has been in place for several months. This trend line acts as a bullish indicator, suggesting that the index has been in an uptrend.
Descending Resistance Line: There is a descending resistance trend line that the price is approaching. A breakout above this line could signal a continuation of the uptrend and potentially lead to higher targets.
Fibonacci Retracement Levels:
38.2% Retracement: The price is currently testing this level around 39,015.11. This is a common retracement level where price often finds support or resistance.
50% Retracement: Located at 38,015.11, this level could act as a strong support if the price breaks below the 38.2% level.
61.8% Retracement: Around 37,015.11, this is a critical level where a deeper pullback might find support before a potential reversal.
Volume Analysis:
Volume Indicators: There is a noticeable increase in volume at key support and resistance levels, indicating strong buying or selling interest. The recent volume spike suggests significant market activity, which could precede a major move.
MACD (Moving Average Convergence Divergence):
MACD Line and Signal Line: The MACD line is above the signal line, which is typically a bullish sign. However, the histogram shows decreasing momentum, which might indicate a potential slowdown or reversal in the current trend.
Price Targets:
Upside Targets: If the price breaks above the descending resistance trend line, the next resistance levels to watch are around 39,015.11 (38.2% Fibonacci), followed by 40,015.11 and 41,015.11.
Downside Targets: A break below the ascending support trend line could see the price retesting the 50% and 61.8% Fibonacci levels, around 38,015.11 and 37,015.11, respectively.
Conclusion:
The Japan 225 index is at a critical juncture, with multiple technical indicators suggesting both potential continuation of the uptrend and possible consolidation or pullback. Traders should watch for a breakout above the descending resistance or a breakdown below the ascending support for clearer directional cues. Monitoring volume and MACD for confirmation of these moves will be crucial for making informed trading decisions.
Cardano bullish triangle - Alt season is hereHey Traders!
Cardano (ADA/USDT) is showing an exciting setup as it forms a symmetrical triangle, signaling that the market is consolidating and preparing for a potential breakout. Based on the current price action, there is a clear bullish bias, but we can’t ignore the possibility of a bearish breakdown.
The price has been respecting the rising support line, currently holding at $1.0489, while resistance stands firm at $1.3269. If the price breaks above this resistance level with strong volume, it could trigger a bullish rally toward the Fibonacci target at $1.7080, offering a promising opportunity for buyers.
However, there’s always risk in these setups. If the price loses momentum and breaks below $1.0489, the bullish scenario would be invalidated, and ADA might drop toward the lower support at $0.9408, marking a bearish turn.
This pattern is a classic decision point. A breakout above resistance signals strength, while a breakdown below support could lead to a deeper retracement. Watch the volume closely for confirmation as we approach the apex of the triangle.
What do you think, traders? Will ADA break out to the upside or slide lower? Let me know your thoughts in the comments below!