a simple technical analysis for FTMDaily chart displays a ascending broadening wedge ...
Breakout the pattern confirmed✅
Breakout 0.786 fib confirmed✅
The projection target for this pattern is at 1.4$ which means 60% from the breakout
For now price may declined little to retest the upper side of the pattern in range of 0.9$ then get our target 1.4$
Best regards Ceciliones 🎯
Bullsetup
SALESFORCE Long term B U Y* alerts 4 year long inverted HNS the stock looks promising in the near future. Above 319 stock jumps till 505. Once you invest you need to wait for 3-4 months for the stock to react dont get bored as this is on monthly pattern.
CMP - $293
Above - 319 stock can jump till 505
Stop loss - 210
Targets - 505 --- 600
XAU/USD Poised for Potential Gains Amid Market UncertaintyFor today, the technical outlook for XAU/USD (gold vs. USD) indicates a possible upward movement, with gold continuing its bullish trend due to various macroeconomic factors. Analysts suggest that if gold remains above key support levels, there could be further gains. Some expect it to test resistance around $2685, while if prices fall below $2668, a short-term decline to $2635 may follow
This is influenced by ongoing geopolitical risks and market speculation on future Federal Reserve policy, which tends to drive safe-haven assets like gold higher
Vedanta Limited Bullish ( Range breakout daily chart)Vedanta ltd (VEDL) is bullish for next few days or weeks.
Buy on dip will be my favorite condition...but I will wait higher high- higher low creation on smaller time frame.
Price can created 2 conditions-
1. Test previous resistance, which will act as a support then price will bounce.
2. Price will not bounce after consolidation.
I am not SEBI registered and not recommending to buy or sell, this is just my overview as per price action logics.
Bitcoin bull cycle continuation to 55K??Hello guys, don't forget to like, subscribe, follow me on all socials and share with your mates, so they can make money like you want to as well 😆😆😆... anyways..
Based on the chart, Bitcoin after sometime mooning, we needed a place to detour, correct and then continue mooning, so we can get to mars.
So, we have been in a correction cycle where an WXY correction structure is seen, and once correction is complete, then a continuation bullish move is expected until 55k in Bitcoin.
All important areas have been marked accordingly on the chart.
Orders from the current price with a sl: @50K can be executed depending on how your portfolio or account is.
REMEMBER THIS IS NOT FINANCIAL ADVICE BUT A GAME I JUST LIKE TO PLAY WITH SOME OF MY FRIENDS. so if you blow your account or something then Im not gonna be liable.
[COIN] Coinbase waiting the long spotI've been watching this stock for a while, and now with the BTC take-off and a soon crypto rally, this stock can be a very good way to ride the bull run like an ETF on crypto (with less % of potential gain but less risk too).
I will be watching the $110.0 level (and around) for a bounce back to the up side to take my swing long position.
Will keep updating this on the following days.
Great Trades !
Navigating Bitcoin's Surge with a Keen Eye on the SEC's Next MovBitcoin is defying expectations, carving a path through the $38K barrier with the tenacity of a bull. The recent rally from $36,886 to $38,437 wasn't just a fluke; it's a statement. Even more compelling is Bitcoin's graceful dance above the 0.5 Fibonacci level at $37,662, dismissing any doubts about its current strength.
Away from the charts, the SEC's recent decision to delay the Bitcoin ETF ruling to 2024 has stirred the pot. But instead of a setback, it seems to have injected a curious mix of caution and anticipation into the market. The buzz around institutional investors' potential new avenue into Bitcoin has some pundits dreaming of a $40k weekend – a bold call, but not unwarranted.
So, what's next for Bitcoin? If we slice through the 0.382 Fib level at $37,845, we're looking at a series of intriguing possibilities:
- First Stop: $38,437, where Bitcoin last took a breather.
- Onward to: $39,029, blending optimism with cold, hard math.
- Then maybe: $39,396, where Fibonacci's legacy meets crypto reality.
- And if we're lucky: $40,947, where we align with expert forecasts and round-number charm.
As traders, we find ourselves at the intersection of intricate chart patterns and the unfolding drama of regulatory decisions. It's essential to keep a close eye on both because this dance between the technicals and the fundamentals is what will drive Bitcoin's journey in the days ahead.
DYDX/USDTPossible break and retest happening on DYDX. Let's see if this key level can hold and buyers show that they are in control, or will it break and they need more time.
If there will be new crypto bull market, I think Dexes like GMX, GNS and DYDX will perform well, as they will start to bring profitable revenue in and share it with holders of their tokens
If you are surprised that altcoins got whacked for the last 4 months against Bitcoin you shouldn't be
Post from june about alts
No trade is risk free!
1st mistake novice traders do is not having risk management and get their ass burned!
-PalenTrade
Lenovo Investing $1.2 Billion In AILenovo is investing $1.2 billion in artificial intelligence to help bring AI to the edge for customers as well as drive partner sales.
“The AI server and storage market is expected to reach $29 billion next year. Lenovo is investing $1.2 billion in R&D to help tap into those opportunities and bring those AI initiatives to fruition,” said Stacey Goodman (pictured), senior director of U.S. VAR Partner Sales for Lenovo, at the 2023 XChange Best of Breed conference today in Atlanta.
Goodman said as Lenovo’s channel organization evolves, the $62 billion technology giant recognizes that it needs to evolve its products and solutions to allow Lenovo partners to tap into and capture new markets and opportunities.
USD/CAD READY TO SWING FOR UPSIDE! USD/CAD was going with the support trend line and creating higher lows, after taking support this trendline market will take rejection from the main resistance level at the 1.32278 and creating the Ascending Tringle Pattern.
Now, the market was break the Ascending Tringle Pattern and ready for the swing because at this point sellers are in control, and buyers are ready for the move.
Tell me what your point of view on this trade and make sure follow for the more ideas like this if you want.
Caution:- Please consult your financial advisor before you enter in this trade.
$PSI - a potential 110% trade based on nothing but TAI an not sure about the fundamentals of TridentDao anymore. It saw a terrible selloff, but this isn't our concern in this moment. This is a purely technical trade I am going to take.
BITGET:PSIUSDT has rallied in the past 2 days, but if it breaks through $0.335 and holds that level it should go to $0.75, with a potential of buy/sell action around $0.54.
If it dumps below $0.32 there is no trade for me. Easy to understand, isn't it?
NFA.
Please understand I am not a professional trader, but an amateur who loves solving riddles, playing chess, analyzing useless stuff - don't invest in anything based of my foolish interpretation of price charts. :-)
FINALLY NOW WE CAN SEND IT Honestly, my first idea on BTC was totally on point I will add the link below and the sale was fruitful and reached the target of course.
Now with the 3 drives pattern, we might have an extension to another support cos, it is important it touches the trend line before the move upwards.
So we gonna wait for that and then see how it reacts after touching the trend line and the support before entering a trade with a stop loss of 23300.
The target will be 31k for starters
I will update as market moves
AUDJPY - Price is in Ascending Channel on the 4 Hour Time FramePrice is trending upwards making higher highs on the 4hr timeframe. Price is at the lower level of the trend which seems like it has found support to go back up again. Please watch price either make higher highs going back up or breakout of this channel.
Please trade carefully and use your own analysis to learn how to spot trends like this.
Good Luck Trading.
USDJPY I Caution shorting the Yen, best to wait for pullback Welcome back! Let me know your thoughts in the comments!
** USDJPY Analysis - Listen to video!
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It is the right time we fly, BUY.It is very clear that the US Tech 100 has been found consolidating for a long window as part of the cooldown, the strong support window allowed for a reversal, and currently, it is trading perfectly such that it will take major support as quoted and take a move to R1 and R2 and then soon we can also expect a short covering rally, flying into 13000, it is good that we buy at 12,500 levels with a stop loss of 50 points, the bullish momentum has been calculated using machine learning and Artificial intelligence techniques with statistics as a base.
Note: Trade at your own risk.
GOLD FALLING WEDGE BREAKOUT, BULLS ARE IN CONTROL🚀HELLO PEPPS!
Gold has broke out of the falling wedge pattern on h1 and h2. This could be a potential signal that the bulls are in control at least to 1846 area i see the bulls taking over. Plus Gold is at daily orderblock and price could resume it is bullish momentum.