XRPUSDT D trying to break up the symmetrical triangle, if it successfully break up and retest then the price can be pushed up to 3.5
Currently I am inclined towards the market making a Wave C of ABC flat correction. Although its still holidays week so we can see choppy market during this time.
Here we go again. The year after the election has historically provided the real crypto bull market when altcoins go exponentially higher on the four year cycle. Strap in.
Liking the risk reward here, a retest of the parallel channel. Heading to the med line. If this breaks down, will get ugly to touch again lows of early Nov where we got a big volume shelf. For now going to bet on the long side with a close stop in case this goes neeeih.
BBAI : I have Trend Following setup: I'm looking to enter long if the stock can manage to CLOSE above the last candle high(BUY). If triggered, I will then place a stop-loss below (SL). My trailing stop will be a CLOSE below the 55-SMA.
Experimenting with emma7788 fan V shape AKA turtle soup pattern Double Bottom If we can close above the last 3 lowest lows I will place a buy. OR If breaks bottom support, will wait again for another serving of turtle soup and try again
The BTC/USDT pair on the H1 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined H&S pattern. This suggests a shift in momentum towards the upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 99204 2nd Support – 101.051 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Elliott Wave Structure: The price appears to be completing a 5-wave corrective structure, with wave (5) targeting the 1.618 extension of the previous wave (approximately 0.8769). This indicates a continuation of the bearish trend until wave (5) concludes. Fibonacci Levels: Key retracement zones between 0.9043 (61.8%), 0.9014 (50%), and 0.8985 (38.2%) have acted as resistance, reinforcing the bearish momentum. The Fibonacci extensions of wave (3) provide a clear projection for the next leg lower. Bearish Momentum: A descending trendline from previous highs and lower highs reflects strong seller dominance. Price action remains below the Ichimoku cloud, confirming bearish sentiment. Key Levels to Watch: Immediate Resistance: 0.9043 (61.8% Fibonacci retracement). Projected Support: 0.8769 (1.618 Fibonacci extension of wave (5)). Conclusion: AUD/CAD is likely to continue its bearish trajectory, targeting the 0.8769 zone as wave (5) completes. Traders should monitor the key Fibonacci and Elliott Wave levels for potential reversal signals. ? Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making trading decisions. ?
Decided to start accumulating BERT at this price. Seems it has retraced enough to catch my attention. Looking for a strong move above 10c and aiming for a potential bag towards $1. If it starts trading below 0.027, then I'll cut it. Might pull a massive run if things align! MEXC:BERTUSDT
It has been a hard last month watching #VRA loosing support after support, but now it looks healthy. Next big goal to aim is 0.0068, then I'm expecting a little bt of downside again because #VRA will get ready to finally break the main weekly resistance and go to the real bull run.