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Parallel Channel

A NEAR Perfect EntryI'm back with another bull market outlook, this time focusing on NEAR Protocol. This setup follows a straightforward structure, closely aligning with recent patterns we’ve observed in Bitcoin and XRP. NEAR has been in a descending channel for the past eight months, and it now presents an ideal opportunity to enter into LONG positions, targeting a breakout from this channel. Currently, NEAR is testing the upper range of support within the channel, an area where we’ve seen previous reversals in similar assets like XRP and BTC. Typically, after testing this level, prices are primed for a substantial upward movement. The current entry point offers a high-probability setup with a tight stop-loss potential, ensuring an attractive risk-to-reward ratio. Capitalizing on these bull market rallies is key, and NEAR is no exception. Take advantage of the setup, and as always, trade wisely. Good luck!
Long
by MilkLover69
Bitcoin can little correct and then continue to move upHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price a few days ago started to grow inside the upward channel, where it at once reached the resistance line of the channel. Then the price rose to the support area, which coincided with the 66800 support level, and then turned around and made a correction to the support line of the upward channel. When the price fell, it turned around and in a short time rose to the 66800 level, broke it, and then some time traded near. Later, BTC bounced from this level and rose almost to the resistance line of the channel, after which turned around and corrected to the support level, where at once made a strong upward impulse to the resistance line. Price some time traded between this line and later exited from a channel and continued to move up. Some time later, the price reached 86800 current support level, which is located inside one more support area and broke this level. Now BTC trades near this level and in my mind, the price can make a small correction, below the support level, and then continue to grow, and even reach new ATH. For this case, I set my TP at 94000 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
5
EURO - Price can leave triangle and rise to $1.0765 levelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Some time ago price fell to $1.1085 level and some time traded near, after which bounced and rose to $1.1210 points. Then price started to decline in falling channel, where it broke $1.1085 level and fell to support line at once. In channel, EUR declined until to $1.0765 level, which coincided with resistance area and some time traded near. Later, price exited from channel, and entered to triangle, but firstly made a gap and then bounced down. Price broke $1.0765 level and now it trades near resistance line of triangle, so, I think can make correction. After this, Euro will bounce up to $1.0765 resistance level, exiting from a triangle. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
8
Bitcoin - You will mine Bitcoin with your body! (Terrifying)Microsoft has patented a "cryptocurrency system using body activity data," meaning that people will generate cryptocurrency from their body energy. Coupled with the nanotechnology inside the next generation of vaccines (not COVID-19 vaccines), each vaccinated person could in addition act as an antenna or transmitter. Patent Number: WO2020060606 ( patents.google.com ) Neurolink and microchip in your brain from Elon Musk connected to Starlink to mine Bitcoin, supported by Donald Trump and Bill Gates. Pay attention to the patent number; you see 666? Everyone knows that 666 is the mark of the beast symbol (antichrist), together with symbol X. How can the future look? All this information is no secret and no conspiracy, so I only say, in short, what is in the Google link above. Mining Bitcoin with graphics cards/ASIC can no longer be needed. Why? 8 billion people can mine crypto with their body energy without even knowing it. Of course this will drain your life force energy, and you may feel extremely fatigued the whole life. And I don't want to talk about living the whole life in depression and anxiety with a microchip in your brain. So, do you still love Bitcoin? Do you like Elon Musk, Bill Gates's vaccines, or Donald Trump? If yes, then you will probably be the first on line to implement this technology in your body and the first who will need medical drugs to sustain this hardcore body pressure. Again, this is not a conspiracy; this is real, and you can read the article on the website above. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades! I expect Bitcoin to retest the previous ATH from March. First profit target: 79k, second: 76k, Third: 74k.
Short
by Xanrox
118
GBPUSD - Macro Long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPUSD has been overall bullish from a long-term perspective, trading within the rising channel in green. Currently, GBPUSD is in a correction phase, trading within the falling red channel. Moreover, the 1.255 - 1.6 zone is a strong support 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the support zone and lower green trendline. 📚 As per my trading style: As GBPUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
1
LTC the black swan?This analysis was done weeks ago and not much has changed. The channel is still valid. But, why has LTC not picked up the pace with the other tokens? BTC is flying, ETH is flying, even DOGE is in a world of it's own. But, LTC which has been one of the 'top 10' for quite some time is not seeing the elevation at all, literally not one bit. We need to see a push here on LTC for it to be considered part of the pack. OR, it's just biding it's time looking like a dead duck but actually has the highest potential of them all. Only time will tell. Follow for more.
by cryptechcapital
3
Incoming 50% collapse for Uranium?This is a forecast through until the summer of 2026. On the above 3 week chart price action has enjoyed a wonderful 400% rise from the bottom. A number of reasons now exist for a bearish outlook. 1) Price action and RSI support breakouts. 2) Regular bearish divergence. Lots of it. 10 oscillators print negative divergence with price action. 3) Almost all tradingview ideas are currently “long”. Remember the majority of traders, almost 95% of them, will lose money. Is it possible price action continues to climb? Sure. Is it probable? No. Ww
AMEX:URAShort
by without_worries
1
NZDJPY → 92.00 - bull run triggerOANDA:NZDJPY continues to accumulate pre-breakout potential against 92.000 resistance. Japan's national currency continues to weaken amid inaction from the country's Central Bank and the dollar rally... On D1 and H1, the structure coincides and generally tells us that the price is ready to go up. Trigger 91.950 - 92.00. If buyers can break this resistance area and hold their defenses above this zone, a quick distribution will not be far behind. JPY confirms its downward course by breaking support, which generally defines the medium-term potential for us. Resistance levels: 92.00 Support levels: 91.362 The overall structure will be broken when the support at 91.36 is broken, but there are no hints of that yet. The currency pair does not fall after the false breakdown of resistance, but continues to inflate the potential, which generally confirms the bullish intentions to go higher. Rate, share your opinion and questions, let's discuss what's going on with ★ OANDA:NZDJPY ;) Regards R. Linda!
Long
by RLinda
4
EURO - Price can bounce down from triangle to $1.0640 pointsHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where some time grew near resistance line and then fell below. After this, price in a short time rose to $1.0830 level, made correction, and then bounced up, breaking this level. Next, price continued to grow in channel, and even made a gap, after which rose to $1.0935 points and turned around. Price made downward impulse, breaking $1.0830 level and exiting from rising channel too, and started to trades in triangle. In triangle, price fell to support area, after which bounced up to resistance line, but soon fell back. Now, I expect that price can reach resistance line of triangle and then bounce down to $1.0640, breaking support level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
14
GOLD - Price can reach resistance area and continue to fallHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price moved up inside rising channel, where it broke $2725 level and later made a gap. After this, price rose to resistance line, turned around, and bounced down to resistance area, exiting from channel. Then price started to trades in pennants, where it traded near resistance area and then reached resistance line of this pattern. Gold bounced from this line and made downward impulse to $2660 level and then bounced up to $2710 points. Later price started to decline and in a short time declined to support line of pennant and recently broke it with $2660 level. In my mind, Gold can reach resistance area and then continue to decline to $2600 If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDShort
by WalterMoon
6