Solusdt bullish or bearish scenarios Solusdt forming a pennant pattern which is considered as bullish pattern as well as bearish pattern it's depends upon which side the pattern breaks upside or downside. Now we can see sol is sitting at good buying price (trend line support)in short timeframe with proper stoploss. Because there are 30-50% chances of breakdown. (Tight stoploss necessary) .
not a financial advice.
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.DYOR!!!!!
Pattern
GBPAUD long bias monthly perspective from daily charthi,
there is an uptrend on this asset. price swinging upper 0.61 fib extension level, thats nice cuz price now above the 0.61 fibonacci retracement of 3 years. thats sense bulls are on control.
i think price will range at upper level at august which 1.95-2.00.
if needs a demand i think the changed 1.9 level is will be work as key. it has a nice bullish candle from price. high volume level of the trend inside of trend is at 1.9 level.
i ll looking for gbpaud's bullish signal this month.
$DISH a beat down stock ready for bounce?Down 87% over the past 2 years there's not much left to beat on here.
Technical analysis points to trend reversal and move to the upside at ~70% chance.
It could potentially drop down to demand zone in 5's. Either way, we like it long term.
GBPCHF FORECAST Right now market is in support zone and trying to pull back from support zone from few days market moving in a rectangle zone i.e
If market successfully pullback from support zone then we can expect a upward trend following rectantangle zone till 1.15141 if it brake the resisrtance then market will again move upward direction and price will come nearest to major resistance
If market fails to pullback from here then the price can go downward direction and try hold at support .if price break this support also then then the market start changin his move and moving downward direction sharply and we can expect a bearish market here and most probably market will reach nearest to major support and try to hold here or market will pullback rapidly due mojor support
GUGU - i'm bearish bias , looking at my analysis , i'm waiting and looking for GU to clean break Break and re-test ( or reject a key level Double bottom/ False Break ( 1.28292 This is a 1 Hr Support level ). if this key level of Support holds strong looking at ( Resistance Levels 1.28869 / 1.29557 )
Neo long NEO will Go to 46-50$NEO price today is $ 9.71 with a 24-hour trading volume of $ 80.93M, market cap of $ 684.93M, and market dominance of 0.06%. The NEO price increased 1.49% in the last 24 hours.
NEO reached its highest price on Jan 15, 2018 when it was trading at its all-time high of $ 195.95, while NEO's lowest price was recorded on Oct 21, 2016 when it was trading at its all-time low of $ 0.072287. The lowest price since it's ATH was $ 4.18 (cycle low). The highest NEO price since the last cycle low was $ 138.87 (cycle high). The NEO price prediction sentiment is currently neutral, while Fear & Greed Index is showing 64 (Greed).
NEO's current circulating supply is 70.54M NEO out of max supply of 100.00M NEO. In terms of market cap, NEO is currently ranked #1 in the NEO Network sector.
Trend Bullish
Higher Lows
divergence RSI
Momentum bullish
MACD Bullish
Highlights
Price has increased by 18% in the last 1 year
Outperformed 68% of the top 100 crypto assets in 1 year
15 green days in the last 30 days (50%)
Has high liquidity based on its market cap
Trading on Binance
Trading with Euro
Risk Analysis
Outperformed by Bitcoin and Ethereum
Trading below the 200-day simple moving average
Down -95% from all-time high
The top-performing year for NEO was 2017 when the price of NEO increased by 52,232.08% from $ 0.144763 to $ 75.76. The worst performing year for NEO was 2018 when the price dropped by -90.04% from $ 75.76 to $ 7.54. The average yearly growth of NEO over the last 8 years is 7,457.81% per year. Usually, NEO performs best in Q2 with an average of 591.78% gain and worst in Q4 with -4.85% loss.
According to current NEO price prediction, the value of NEO is predicted to drop by -2.29% and reach $ 9.32 by July 9, 2023. According to our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 64 (Greed). NEO recorded 15/30 (50%) green days with 9.15% price volatility over the last 30 days. Based on our NEO forecast, it's now a good time to buy NEO. And I bought NEO at this level 20 technical analysis indicators signaling bullish signals, and 9 signaling bearish signals.
NEO is currently trading below the 200-day simple moving average (SMA). The 200-day SMA has been signaling SELL for the last 2 days, since Jul 01, 2023.
The price of NEO is currently below the 50-day SMA and this indicator has been signaling SELL for the last 4 days, since Jun 30, 2023.
The most recent Death Cross in the Bitcoin market happened 21 days ago, on Jun 12, 2023. Meanwhile, a Golden Cross last occurred on Feb 20, 2023, which was 133 days ago.
Based on technical indicators, NEO's 200-day SMA will rise in the next month and will hit $ 10.00 by Aug 02, 2023. NEO's short-term 50-Day SMA is estimated to hit $ 8.15 by Aug 02, 2023.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 57.69, which indicates that the NEO market is in a neutral position.
NEO Price Forecast
Date Price Change
Jul 5, 2023 $ 9.31 -2.39%
Jul 6, 2023 $ 8.52 -10.66%
Jul 7, 2023 $ 8.70 -8.85%
Jul 8, 2023 $ 8.10 -15.12%
Jul 9, 2023 $ 8.24 -13.60%
Jul 10, 2023 $ 6.79 -28.87%
Jul 11, 2023 $ 6.97 -26.95%
Jul 12, 2023 $ 6.90 -27.64%
Jul 13, 2023 $ 7.17 -24.87%
Jul 14, 2023 $ 7.13 -25.26%
Jul 15, 2023 $ 7.06 -26.02%
Jul 16, 2023 $ 7.05 -26.07%
Jul 17, 2023 $ 7.18 -24.75%
Jul 18, 2023 $ 7.11 -25.52%
Jul 19, 2023 $ 6.96 -27.06%
Jul 20, 2023 $ 6.94 -27.23%
Jul 21, 2023 $ 7.44 -22.02%
Jul 22, 2023 $ 8.11 -15.01%
Jul 23, 2023 $ 7.90 -17.23%
Jul 24, 2023 $ 8.11 -14.94%
Jul 25, 2023 $ 8.17 -14.34%
Jul 26, 2023 $ 7.70 -19.27%
Jul 27, 2023 $ 7.73 -19.01%
Jul 28, 2023 $ 7.70 -19.30%
Jul 29, 2023 $ 7.47 -21.75%
Jul 30, 2023 $ 7.88 -17.38%
Jul 31, 2023 $ 8.68 -8.99%
Aug 1, 2023 $ 8.29 -13.08%
Aug 2, 2023 $ 8.37 -12.29%
Bitcoin Patterns #2This is an update to a previous post attached below.
White traingle
Looking at the white traingle pattern it looks like BTC has broken down, with a confirmed retest. Bearish.
The measure move (target) would be around $28540 as shown by red box.
Yellow Parralel Channel
The channel is playing out nicely so far, you can see it react well on smaller timeframes, especially the central line! Although we broke down from the triangle we have for tbe meantime found some support around the bottom of the channel.
Blue line
The thicker blue line is a longer term support/resistance begining in January 2021. We have yet to break back above it since May 2022, with multiple attempts.
GOLD will buy morepreviously gold on a massive uptrend and it was manipulating on a consolidating area between 1961 and 1954..By the way according to the daily prospective gold made a huge impulse without and correction and now it is time to correction.We knwo that the any market do not continue it own trend without a correction so we may see a correction then it will continue its trend .
EthereumLet's take a look at Ethereum.
The uptrend is well maintained for now. The price range of $1,609.41 has been preserved in the downward trend.
On higher time frames, if the $2173.14 resistance zone is fully consumed, we can have an attractive bullish trend.
On the lower time frames, the condition of the upward trend can be the consumption of the range of $1937.12.
The above view is valid on the condition of maintaining the range of $1609.41.
🔥 XRP Reversing From Strong 2023 SupportXRP has been trading bullish for the majority of 2023, continuously trading alongside a diagonal support.
As of last week, XRP has yet again retested the support line and is currently reversing. My assumption is that this support will hold for the coming months.
For an optimal risk-reward I'm targeting 0.7, but you can also take partial profits around 0.55 in case you want to play it more safe. Stop below the recent swing low.
🔥 MATIC Potential Bear Flag Forming: 2 In 1 Signal!After weeks of selling, MATIC seems to have found support and has been trading inside a bullish channel for over a month now. A bullish channel after a strong sell-off often results in a bear flag pattern, which is a continuation of the bearish trend.
Looking at this chart, we can construct two different signals.
The safest trade would be to wait for the price to fall through the channel's support and enter once the price has closed below it. A more risky trade would be to enter from the to resistance, around the current area. Bot trades have the same target: the current bear market bottom around 0.32. The potential win of the risky trade is much higher because of the tighter stop and the further profit target.
🔥 Bitcoin Finally Breaking Out? Part 2Last week I made an analysis on Bitcoin where I wrote that I was expecting a break out from the range. However, BTC reversed sharply after hitting the ~31.5k resistance. No entry has been made in the previous analysis because we didn't close above the yellow area.
As of now, BTC is seeing another strong influx of buyers. Again, I'm looking at the same structure and hoping for a bullish break out. Close above 31.5k to trigger the signal.
39k is the target because it's around the middle of my Elliot Waves analysis range, see below.
EURUSD - Anther private school short entryThe current trade setup for EUR/USD shows a bullish overall trend, while the short-term trend is bearish. Traders with a swing trading strategy might consider seeking long-term buying opportunities. It is crucial to emphasize the importance of employing effective risk management techniques throughout the trading process.
Happy trading!
✅EUR_USD MASSIVE BULLISH BREAKOUT|LONG🚀
✅EUR_USD was trading in a
Bullish wedge and I predicted
A bullish breakout long time ago
And now we are finally seeing it
So our bullish bias is confirmed
In a powerful way and I think
That after some correction
The pair will give us
More good growth
LONG🚀
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🔥 Why I'm Still Bullish: Bitcoin Elliot Waves AnalysisOver the last few months I've made several Bitcoin analyses where I discussed the Elliot waves pattern I discovered. To this day, my prediction of price movement is spot on. With this analysis I wanted to give you all an update on where we are and what we can expect.
Below you find a couple of past analyses in chronological order.
Assuming that BTC will follow my Elliot Waves prediction, there's still more juice left in this run. The fact that we're consolidating (and not reversing) right below the 31k resistance is very bullish in my eyes. Only thing we need now is some kind of catalyst to push us through this massive resistance, be it bullish macro news, ETF approval, or simply a spike on low volatility.
What I'd prefer to see is a strong move through previous local tops (we've bounced off the 31,000 - 31,500 area like 5 times now), and an immediate move to 33,000 to confirm the break out and leave bears in disbelief.
My target area for this year remains the same: 36,500 - 40,000. Would be very surprised if BTC manages to break through 40k this year. But hey, anything is possible.
To invalidate this analysis I have to see a move below 25,200 (dotted purple support) before confirming a break out through 31k.
Are you bullish or bearish? Tell us why in the comments 🙏
📈 4 BULLISH PATTERNS YOU NEED TO KNOW📌How to easily identify these patterns?
🟢Cup and Handle Pattern
The cup and handle pattern is a bullish continuation pattern that typically occurs after a significant uptrend. It is characterized by a U-shaped "cup" followed by a smaller consolidation known as the "handle." The cup portion represents a temporary pause or correction in the price, forming a rounded bottom. This signifies that selling pressure has diminished, and buyers are stepping in. After the cup formation, the handle is formed as a slight downward drift in price, usually in the form of a small consolidation or a shallow retracement. The handle represents a final consolidation before the resumption of the bullish move. The handle should be relatively smaller in size and have a downward-sloping price action.
🟢Double Bottom
The double bottom pattern is a bullish reversal pattern that signifies a potential trend reversal from bearish to bullish. It consists of two consecutive lows that are approximately at the same level, forming a support level. The first low represents a selling climax or a period of intense selling pressure. After the first low, the price rebounds and retraces to form a temporary high, creating a potential resistance level. However, buyers step in again, pushing the price back up, resulting in a second low that matches or is very close to the level of the first low. This double bottom formation indicates a significant level of support where buying interest outweighs selling pressure.
🟢 Bullish Flag
The bullish flag pattern is a continuation pattern that occurs after a strong upward move in price. It is characterized by a brief period of consolidation, where the price forms a narrow and rectangular range, resembling a flagpole and a flag. The flag portion of the pattern is typically slanted in the opposite direction of the initial price move. The flagpole represents the initial strong upward move, indicating a surge in buying interest. Following the flagpole, the price enters a consolidation phase, represented by the flag. This consolidation allows the price to stabilize and absorb selling pressure. The flag pattern should have parallel trendlines that contain the price action.
🟢Inverse Head and Shoulders
The inverse head and shoulders pattern is a bullish reversal pattern that indicates a potential shift from a bearish to a bullish trend. It consists of three consecutive lows, with the middle low (the head) being lower than the two outer lows (the shoulders). The pattern resembles a head between two shoulders. The left shoulder forms as the price declines, followed by a subsequent rally to create a temporary high. The price then retraces, forming the head, which is lower than both the left and right shoulders. After the head, the price rallies again to form the right shoulder, which is usually slightly higher than the left shoulder.
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Keep an eye on $BTC/USDTBTC/USDT update:
Wait for the breakout which is $48000 or breakdown of the resistance level at 29000, followed by a successful reclaim of target levels.
Did you find this crypto market analysis helpful? Stay updated about the latest crypto market update.
Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you.
TradingView: @FarmanBangashh
Will Apple Continue To Rise? 🍎Stock: Apple (AAPL)
Time Frame: Weekly Chart
Direction: long
Comment:
At the end of last week, Apple reached new all-time highs. In this analysis, I will focus on the weekly chart to show you where I believe Apple is heading. It is evident that Apple successfully broke out of a clearly visible triangle pattern and subsequently experienced a bullish rally of approximately 30 %. This surpassed all previous resistances. Previous supports have now become relatively strong supports, especially around the $170 price level. 📈
I now expect a short-term correction followed by a continuation of the uptrend. Considering the Fibonacci levels, we can see that the 0.382 level precisely corresponds to the previous significant resistance, which has now become a support. I anticipate a correction to this level ($175-180) and then further upward growth. Furthermore, the weekly timeframe indicates that Apple is not slowing down. The chart shows a near absence of red candles, meaning that buyers have complete control over the overall bull market. 💹
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Market capitalization since 2018
In 2018, Apple became the first American company to exceed a market capitalization of 1 trillion dollars. This milestone was achieved due to the success of the iPhone and other company products. Apple also leverages its ecosystem and services, such as the App Store and iCloud, which contribute to its market value. 💰
In 2023, Apple surpassed another significant milestone and became the first company with a market capitalization exceeding 3 trillion dollars. This success reflects the ongoing popularity of Apple's stocks and the trust investors have in its portfolio of products and services. Apple continues to pursue its innovative approach and expands its portfolio with new technologies and markets, helping it maintain its position as one of the world's leading technology companies. 🚀
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Remember, this contribution serves as an informative analysis and should not be construed as financial advice. Stay informed, stay connected, and happy investing! 🌟📈
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Natural gas-head and shoulders patternClear bearish head and shoulders pattern for natural gas. The head and shoulders is a reversal pattern that can indicate a potential trend reversal from bullish to bearish. The pattern consists of three peaks, with the central peak being higher than the other two, resembling the shape of a head and two shoulders.
In the context of natural gas trading, the head and shoulders pattern typically forms during a prolonged uptrend, indicating a potential exhaustion of buying pressure and a shift towards selling pressure. The first peak represents the left shoulder and is formed as the price reaches a local high. This is followed by a retracement or pullback, where the price temporarily declines.