IDUSDT has successfully broken out of a Falling Wedge Pattern, signaling the potential for a substantial upward move. The Falling Wedge is a bullish continuation pattern, often seen during downtrends, where the price consolidates within converging trendlines before breaking out. With the breakout now confirmed, the market is showing strong signs of a bullish reversal. The volume accompanying this breakout is good, indicating solid investor participation and confirming that there’s significant buying pressure behind this move. Traders are now anticipating potential gains of 120% to 140%+ as the price targets higher levels. The breakout from the Falling Wedge Pattern marks a key turning point for IDUSDT, as it signals that the price is likely to accelerate after breaking through the upper trendline. The good volume further validates the strength of this move, as higher volume during a breakout is often a precursor to continued upward momentum. With the market clearly showing signs of bullish sentiment, the next major resistance levels will be critical in determining how far IDUSDT can go in the coming days or weeks. If the price continues to maintain its bullish trajectory, the expected gains of 120% to 140%+ could be reached quickly. Investor interest in IDUSDT is increasing, as more traders recognize the potential of this pattern and the breakout that has already taken place. The Falling Wedge often leads to explosive moves once the price clears key resistance levels, and IDUSDT is well-positioned to make such a move. The combination of a well-formed technical setup, strong volume, and growing investor interest is making IDUSDT an exciting project to watch. As the price gains momentum, it could quickly rise, offering significant profits for those who have entered at the right time. Traders should continue to monitor support and resistance levels closely, as these will be key indicators of whether the breakout can hold and sustain its bullish momentum. The overall crypto market sentiment will also play a role in IDUSDT’s movements, but given the strong technical setup and volume, this pair looks poised for impressive gains. As always, careful timing and strategic entry points will be crucial to maximizing profits from this promising setup.
NAZ took road to upper Target of my (2/10/25) Post. I am looking Short and may be early since we have a Holiday (O/N) session which usually leads to low volume Long only air balloon rides. Chart for this week: Shaded Zone (SZ) is Gap Fill (December contract change) with yellow dash as mid level. NAZ will need to get above SZ, ML SZ and mid level of long term channel (grey dash). TLX's at 22,300-50 and below at 22,037 (may be range for break out). White dash arrow is Long target by month end and Yellow dash arrow is Short target by month end. NAZ did get above the sideways range that started in early November, 2024. The prior 4 times this has happened, the NAZ fell in and dropped nearly 1,000 points each time. Three of these drops moved the distance in a few hours to a few days. Long play is fine this week, should we see Push/Pull jerky sketchy price action, look Short. Prior 3-4 month narrow sideways PA has been setting up a big move, not sure on direction but thinking Short.
In case you missed december 16th post there it is https://www.tradingview.com/chart/BTC.D/15IXovJy-BTC-D-has-not-topped-out-yet/ After 2 months BTC.D still in uptrend. Previous resistance is acting like support right now. RSI is trending higher (formed higher low) and StochRSI has strong momentum upside. BTC.D is not Topped. It is still going higher in coming WEEKS. So we must expect for big opportunity to buy altcoins at 50-60% discount from current prices. I believe that this incoming crash must be the last one.
https://www.tradingview.com/x/bsSoLlio/ My dear subscribers, My technical analysis for SILVER is below: The price is coiling around a solid key level - 32.147 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 32.524 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Hello traders, I want share with you my opinion about Bitcoin. Not long ago, the price reached a support level aligned with the buyer zone. It consolidated there for a while before climbing into a pennant formation. Inside the pennant, the price broke through the 95200 level and continued its rise toward the resistance level, which overlapped with the seller zone, eventually breaking through this area as well. Following that, the price advanced to the resistance line of the pennant but soon reversed direction, sharply dropping to the support line. It broke through this support, signaling an exit from the pennant pattern and surpassing the 104700 resistance level. After a minor decline, the price rebounded quickly, reaching the seller zone once more, before turning lower and forming a triangle pattern. Bitcoin slid down to the triangle's support line, then reversed and bounced upward, breaking the support level again in the process. This led to further declines, with the price eventually hitting the buyer zone. From there, it rebounded back toward the triangle’s resistance line. Currently, the price is trading close to this resistance line. In my view, Bitcoin can drop back to the support line before rebounding higher, potentially climbing to 101K points and breaking out of the triangle formation. Please share this idea with your friends and click Boost ?
Sell after bearish candle stick pattern, buy after bullish candle stick pattern.... Best bullish pattern , engulfing candle or green hammer Best bearish pattern , engulfing candle or red shooting star NOTE: IF YOU CAN'T SEE ANY OF TOP PATTERN IN THE ZONE DO NOT ENTER Stop lost before pattern R/R %1/%3 Trade in 5 Min Timeframe, use signals for scalping
Given the formed trigger line and the fact that the price is making higher Lows below this trigger line, we can look for buy/long positions on the order blocks formed below the price. The targets are marked on the chart. A 4-hour candle closing below the invalidation level will invalidate this analysis. Do not enter the position without capital management and stop setting Comment if you have any questions thank you
Given that the long entry signal for QNT/USDT was confirmed on February 14th and the price hasn't moved significantly since then, this could still be a favorable time to consider entering or maintaining a long position today. Here's how you might approach this: Reconfirmation of Entry: Since the signal was confirmed on February 14th, you should check if the conditions still hold: MLR still above SMA: Ensure the Moving Regression Line remains above the Simple Moving Average. MLR above BB Center Line: Confirm the MLR is still above the Bollinger Bands Center Line. PSAR still green: Check if the Parabolic SAR is still green, indicating a continued bullish trend. Price above 200-period MA: Verify the price is still above the 200-period Moving Average. Given the price stability since the signal was confirmed, these conditions are likely still valid, supporting the initial signal's strength. Entry Strategy: Action: Enter or maintain the long position on QNT/USDT based on the reconfirmation of these signals. Risk Management: Trailing Stop: Keep your trailing stop at the current PSAR level, which adjusts with price movements, ensuring dynamic risk management. Standard Exit Strategy: Exit: Continue to watch for when the MLR crosses back below the SMA. This would signal a potential trend reversal, indicating it's time to exit the position. Since the price has remained relatively stable, it might suggest a consolidation phase, which could precede a significant move. Stay vigilant for any changes in market conditions or news that could influence the price. Always ensure your trading decisions align with your risk tolerance and the latest market analysis. That is it Disclaimer: This idea is for educational purposes only and should not be considered financial advice. Always do your own research or consult with a financial advisor before trading.
? Trade Idea: ATOMUSDT ? Potential Move: Yearly ERL to IRL = 200% Gain Possible ?? ? Analysis: Price Action Looks Clean ✅ Low Resistance Liquidity (LRL) on the Left Side = Easier Expansion ?️? Satisfied with Market Structure = Strong Conviction in the Move ?? ? Plan: Follow PA closely, manage risk, and let the trade play out! ??
Ethereum (ETH) has been trading in a tight range today, as shown in this 15-minute chart. We've seen resistance around $2,720 and support around $2,680. Key levels to watch for a potential breakout. A break above resistance could signal further upside, while a drop below support might lead to more downside. What's your take on ETH's next move? #ETH #Ethereum #Crypto #TradingView Ethereum (ETH) has experienced a period of sideways movement today, characterized by a lack of strong directional bias. This 15-minute chart highlights the key levels traders should be aware of. Resistance: The $2,720 price level has acted as a significant resistance barrier, with multiple attempts to break above it rejected. Support: Conversely, the $2,680 level has provided reliable support, preventing further declines. The chart also reveals some interesting points: Multiple Sell Signals: The chart shows several instances where sell signals were generated, indicating potential bearish sentiment. However, the price has largely remained within the defined range. Lack of Strong Volume: The relatively muted volume suggests a lack of conviction among market participants, contributing to the sideways movement. Moving Forward: Traders should keep a close eye on these key levels. A decisive break above $2,720 could signal renewed bullish momentum, targeting higher price levels. Conversely, a breakdown below $2,680 could lead to a retest of lower support levels. It's crucial to exercise caution and employ sound risk management strategies in this uncertain market environment. What are your thoughts on Ethereum's short-term outlook? Share your insights in the comments below.