Ethereum - Secret bear flag! (70% crash target)
Ethereum shows a lot of weakness on the major timeframe. You can see that the downtrend was pretty steep, and now we are in a bullish correction / consolidation.
The chart is printing a big bearish flag or ascending parallel channel, and I think we should test the upper trendline first before continuing lower below 900 USDT. The bear flag is a little bit hidden, but you can spot it with a little skill. We have been consolidating within this bear flag for almost a year now.
At least a 30% pump is very possible at this moment, and it will be a great time to take profits before a huge crash!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
You can see my Elliott Wave count on the chart. I don't know whats yours, but you can take some inspiration. A lot of people are very bullish at this moment, but the chart does not look bullish.
A trendline from 2015 on the ETHBTC chart is breaking down, which is a significant bearish technical event. Make sure you check out the trendline in the related section down below!
I can say that the majority of people are refusing to accept the fact that ETH and BTC could continue in the bear market. I can see it below my previous posts in the comment section, so I can make a pretty accurate conclusion. I also use this indicator for my analysis.
The major crash could occur in September 2023 or later. Now I think ETH will go up by 30%, even though I am not going to speculate on any longs at this point on ETH.
Choose some better altcoins, such as WAVES!
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Bullish Trend Line
USDCHF | Bullish Trend | UpTrendUSDCHF refers to the exchange rate between the US dollar (USD) and the Swiss franc (CHF). If the USDCHF pair is making a bullish trend, it means that the value of the US dollar is increasing relative to the Swiss franc. This could be due to various factors, such as stronger economic data from the US, higher demand for the US dollar, or weaker economic data from Switzerland.
If the sentiment of the USDCHF pair is also bullish, it means that investors and traders have a positive outlook on the exchange rate and believe that it will continue to increase in value. This sentiment can be influenced by various factors, such as positive news or events related to the US or the Swiss franc, a favorable outlook for the global economy, or a shift in central bank policies.
Higher highs and higher lows in the chart pattern of USDCHF also indicate a bullish trend. In technical analysis, this pattern is known as an uptrend, and it typically suggests that demand for the USDCHF pair is increasing over time. Higher highs occur when the exchange rate reaches a new peak that is higher than the previous peak, while higher lows occur when the exchange rate experiences a dip but still maintains a higher low than the previous dip.
Overall, a bullish trend, bullish sentiment, and a pattern of higher highs and higher lows all suggest that the USDCHF exchange rate is likely to continue increasing in the near future. However, it's important to keep in mind that exchange rates can be influenced by a wide range of factors, and there is always a risk of unexpected events or market shifts that could cause the exchange rate to change direction.
BNB looks bullish Hello dear traders:
future positio
BNB looks bullish
A super great support levels in 255/265 dollar in BNB, which make the market uptrend again, as you, can see in this chart after falling from 333 to 264 the supporting area 255/265 hold the price and bulls win this rally again and didn’t allows to fall more
Now the bulls have taken action again with fully power to cross 333 dollar at this time, however we should have our eyes on bitcoin.
If BNB can break 340 dollar with valid candle then we will wait for the next levels, which are 400 and 470 dollar in upside, then if BNB cannot pass this levels down side around 250 dollar is still good chance to buy BNB.
Be conscious in your trading and do not over leverage in your positions.
Ethereum is ready for a massive pump! (again)
It has been one of the best 2 months in crypto history, with tremendous gains on altcoins. Euphoria is at a very high level, but it's going to be even higher because ETH is forming this incredibly bullish pattern!
My main focus is and always will be on altcoins, and I am monitoring all futures + spot pairs on major exchanges. I prefer to trade on leverage, so you don't need too much margin compared to the spot.
Ethereum's chart is displaying an inverse head and shoulders pattern, and I am confident that once we break the neckline, we will see a massive green dildo, which is why you should be in.
It's a good idea to buy ETH right now and set your stop-loss below the right shoulder. You don't want to wait for a confirmation! You want a higher risk-to-reward ratio instead.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
On higher timeframes, ETH has been moving in an ascending parallel channel on the LOG scale. This channel is indeed very resistant; make sure you are aware of it.
From the Elliott Wave perspective, the wave structure is totally incomplete. We are still in the 3d wave, and we have plenty of time for the upcoming uptrend!
Some altcoins are skyrocketing with 100% - 500% gains already. Do not forget to take a look at my previous analysis on BTC - "30k next stop, then big crash! (Whales plan)."
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin - Another 10% increase is likely, long here!
Bitcoin looks extremely strong these days; there is probably nothing that can stop the rise at this moment. This is an analysis on the 1h chart that could give you 2 potential trades.
On the first trade, you want to buy/long the ascending triangle's support. If this trade fails for some reason, there is another trade that you could take. It's at the start of the ascending triangle, which is also a significant swing low, and below this swing low is a huge gap, so it's very positive for a long trade!
Now, where to trade profits for this trade? It's not that hard in this case. If we take a look at the parallel projection of the ascending triangle, we can see there is a dynamic resistance, so once the price reaches this level, you want to take profit!
Exchanges do not support dynamic take-profit targets like profiting at the trendline. At this moment, you have to use some 3rd-party programs and an API interface.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
From the Elliott Wave perspective, we can see that the price has been moving in 5-wave impulses to the upside in the main direction of the trend and in 3-wave corrections to the downside. By identifying these patterns, we have a higher chance of success in these trades.
This is my plan for Bitcoin on the 1h chart. I trade these moves on the futures market in addition to my spot holdings. By taking these trades, you will gain a pretty good risk-reward ratio, specifically one above 1:4 depending on your stop loss.
Bitcoin should reach a price range of $28,000 to $30,000 in the immidiate short-term. If you do not know why, take a look at my previous analysis below! Remember to trade with the trend and only go long to increase your chances of success.
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Bitcoin - 30k next stop, then big crash! (whales plan)
This is a strategic plan on how to play the upcoming price action on Bitcoin in the next few weeks. As a trader, you have to see it!
As we can see, Bitcoin pumped with a strong impulse in previous days, and the 30k level currently acts like a magnet because there is no resistance on the way up other than this.
You probably want to trade with the trend, so I would recommend only long positions to increase the probability of a successful trade. I've been using this strategy since the start of January, as you can see on my profile.
After we hit 30k, there will be a tremendous dump, and this dump you can short. We have a lot of confluence to short bitcoin in this region; see my previous analysis in the related section down below for more info.
After we hit 30k, Bitcoin will take a break, and we should see an alt-season. Of course, there will be an initial dump for the whole crypto space first. So make sure you know what to do!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
The price has been moving in the ascending parallel channel on the log scale. This channel is very well respected, and it's very important to watch it because if it breaks, then the uptrend will be exhausted. Make sure you follow me, because I will warn you if this happens! You want to stay updated.
You can see my Elliott Wave count on the chart; we are in the 5th wave of the first major impulse wave to the upside, which is a sign of a huge bull market. Bitcoin could reach 130,000 USDT in 2025 and even more.
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All of the reasons to take profits or short bitcoin above 30k can be found here:
Bitcoin cycles: comparison and forecast (must know)
We are currently in the new bullish cycle on Bitcoin, based on physics, statistics, mathematics, and logic. But the market can sometimes be unpredictable and go to zero. In this case, we are all doomed.
This is the LOG scale on the weekly / 2W chart. That basically means we can't go up at the same rate and angle because bitcoin would cost more than $10 billion in the next few years.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
On this particular chart, the bull market from 2015 to 2017 has an angle of 48 degrees. The bull market from 2019 to 2021 has an angle of 35 degrees. The prediction is that this current bull market has an angle of 27 degrees.
On this particular chart, the bear market in 2014 has an angle of 51 degrees. The bear market in 2018 has an angle of 51 degrees, which is the same value as the previous bear market. Bear market 2022 has a lower angle of 44 degrees than the previous. The next bear market in 2026 should have a similar or lower angle than the previous bear markets.
From a time perspective, classic bull markets last for 1064–1071 days, and bear markets last for 364–406 days, as you can see on the chart. With this data, we can predict that the current bull market is going to end sometime in September 2025.
Hit "like" right now if you think this is an interesting analysis!
I know more about Bitcoin than the majority out there, and I have been trading it for a long time—longer than the majority out there. Bitcoin moves in cycles because of the halving events that cut in half the reward for miners.
Now the question is: What is the price going to be in September 2025? Well, Bitcoin is not going to make you extremely rich. It's too late for the party; you should join in 2010 or 2014, when people got rewarded for their skills to buy Bitcoin cheap and early. But still, bitcoin is a store of value and will increase your wealth by a significant amount, compared to gold or stocks. 140,000 USDT is a reasonable target for 2025!
If you want to make 100x or 100000x your money, the only option for you is to search for hidden gems or use high leverage on the futures market with a trading system and strategy. Both are indeed very hard and risky, but they're doable!
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GBPJPY Bullish Potential | 1.3K PointTimeframe: 15 Minutes
Long Day Trading Position
Take Profit 159.355
SL: 158.805 (Breaking the trend)
The GBPJPY pair has been showing signs of bullish divergence on the 15 minutes and 30 minutes chart , with ADX and DI indicator and trend continuing potential.
The trend up has started two days ago, and it has just bounced back after hitting the support line (the white line) on the Monthly and Weekly charts.
Traders should be cautious and monitor key levels of support and resistance , as well as any further bullish signals that may confirm this potential move.
I would be grateful to get your feedback for this idea if you have any opinion to share
✽
Esteem your Analysis and seek improvements ⌁
↝✔
@AbdullahTech ♾
Ethereum - Ready for explosion! (Must see)
ETH is a ticking bomb at this moment, because my analysis suggests an explosive move is about to happen. I hope your bags are full!
As you can see, the price is breaking out of a bullish pennant on the 4h chart with a successful retest. What more do you need?
The price is moving in an ascending parallel channel, and it's very important for ETH to hold this channel; otherwise, we are going to lose the bullish momentum.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
From the Elliott Wave perspective, we are currently still in the 3rd wave, so you don't need to worry about a potential crash; it's not going to happen. During wave 4, we will see a small pullback, but nothing dramatic. After we finish this whole impulse wave, then it's going to be awful, and the bears will step in.
The first stop is the next strong resistance. Quarterly / monthly highs and 0.5 FIB are definitely strong resistance, there is no doubt about it. This could be your profit target for this trade if you want to trade in the short term.
Since the start of the new year, I haven't opened any short positions on futures. I only trade longs at this moment, and this strategy is indeed extremely powerful, because the trend is your friend.
Thank you, and for more ideas, hit "Like" and "Follow"!
Recovery for Malaysia Technology SectorWatch the video to see why 2023 will be a recovering tech stock for bursa Malaysia.
How to view the guidance via chart ( Refer back to pin message guidance if to trade )
Red Line = Support
Blue Line = Resistance
Light Blue = bullish/bearish pattern
Arrow = Double/Trip top/bottom
Red Chip = $$
Green Chip = XX
Bitcoin - Buy here if you feel FOMO!
The new bull market on Bitcoin started with a strong impulsive structure, which is definitely a positive sign. We have an unfilled CME GAP at 20,000 - 20,450, and there is a very high chance that the market will fill the GAP; I would say 90%. We can fill this gap next week, next month, or next year, believe it or not. It happened during the COVID flash crash.
If we fill this gap, you want to buy as much bitcoin as possible for the long term investment! I expect this bull market to end in September 2025, so we have plenty of time! And what is my ultimate profit target at the end of the bull market in 2025? I showed you the previous analysis, so check it out!
This analysis is a bullish idea, where you can buy BTC if the price drops. If you feel FOMO and you need to buy cheap Bitcoin, then 20,000 USDT is a reasonable price for you. We already bought Bitcoin at 16,500 privately for the long term investment on the spot, and I do not touch these bitcoins.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
On the chart, you can see my main Elliott Wave count. There are multiple valid Elliott Wave counts, but I am not able to show you all of them on the same chart. For example, wave 5 of wave 3 could still be in progress, and we could make an ending diagonal wedge. We should not go below the previous wave 1, which is at 18,373. Otherwise, this Elliott Wave count will be invalidated.
The 0.618 LOG FIB is slightly above the wave 1, so this is like the worst-case scenario if a flash crash occurs to wipe out high leverage longs before continuing higher to 30k.
I am very bullish on Bitcoin and my strategy is to not short Bitcoin at all. It's better to trade longs only at this moment.
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Bitcoin will 14x - 342,000 USD - 2025 projection!
Welcome to this professional technical analysis. First of all, I want to say many congratulations to the bulls for this amazing start of the new bull market; it brings a lot of happiness back to the crypto community!
January is one of the best months in Bitcoin's history and also for me because the profits are very high, but now let's take a look at the most important thing, which is the profit target for 2025!
Bitcoin is an extremely volatile asset like no other. Every third year, we experience a brutal bearish retracement with a statistical correction of around 77% - 90%. A good strategy is not only to hold for the long run but also to sell at the top and buy at the bottom. It's not easy, of course, but it's extremely profitable.
If you are a trader, I know you are most likely interested in the next profit target for this bull market. My expectation is that Bitcoin will reach its peak in September 2025, but the question is at what price?
I know more about Bitcoin than anyone else, so let's take a look at it!
Of course, it's very hard to predict the profit target exactly to the dollar. But we can use strong tools such as FIB extensions, trendlines, and chart patterns to determine the selling point and prepare for the next bear market in 2026.
FIB extension is a very powerful tool. We need to use the LOG version and the linear version of the FIB extension simultaneously because they are both valid. On the left side of the chart, you can see a classic linear version, and on the right side, you can see a logarithmic version of the bitcoin price.
The most likely and successful FIB extensions are 0.618, 1:1, 1.618, 2:1, 2.618, 4,618, and 6,618, where we may find a top and begin a new bear market later in 2025.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Trendlines are very powerful as well. We have an upward sloping trendline on both the linear and log scales.Take a look at that! On the log scale, we also have an ascending parallel channel that may have significant resistance at the top of the channel as well!
My conclusion is that the next peak for Bitcoin is going to be around 122,000 USDT or around 330,000 USDT. If we reach the first target and the bulls continue higher, then the second target is definitely acceptable!
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Ethereum is about to explode! (brutal)
Let's celebrate with me this massive upcoming pump on ETH! The chart is now extremely bullish, and in this analysis, I will tell you why!
As you can see, the price is printing an ascending triangle on the daily chart. Ascending triangles are very powerful, especially at the bottom of the downtrend!
From the Elliott wave perspective, this triangle is a nest with 2 impulse waves, which we can label waves (1), (2) and Waves 1, 2. This is definitely not a corrective pattern in this case.
I am sure you have seen the huge dildo on Solana; what if I tell you that something similar may happen to ETH? I predicted this exponential pump on SOL 3 weeks in advance, so check out the related idea about SOL down below!
We have a tremendous unfilled gap between 1352 - 1448, and the market wants to fill this gap, which gives us high confidence in this upcoming move.
On the way up, we have basically 4 resistances. The first is the 1448 0.618 FIB + FTX dump, followed by the parallel trendline, the previous POC, the start of the GAP at 1545, and the 1680 monthly / weekly high. These levels are good for intraday trading.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Two scenarios are now possible. We will spend more time consolidating in this ascending triangle, or we will break out very soon!
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GOLD - This is brutal, no one expected it!
Don't be surprised if you wake up in the morning to see a massive red dildo on the gold chart breaking down the wedge. In my opinion, it's very likely.
GOLD is absolutely ready for a massive downtrend; it's going to happen very soon, so I hope you are prepared for it!
We can clearly see a rising wedge on the 4h / daily charts, which is also an ending diagonal wedge from the Elliott Wave perspective. This indicates that the bulls are losing steam.
The question now is, "How deep is the retracement going to be?" First of all, we should completely wipe out the wedge and also test the unfilled GAP, which is at the 0.618 FIB retracement. There is a parallel channel projection, so this is a good level to profit from your shorts.
I marked this whole uptrend as an impulse Elliott wave pattern, which suggests that gold can potentially go much higher later next year. This is my bullish scenario, I also have a bearish scenario, that I will post sometimes, maybe in January, so follow me and hit the like!
Maybe gold will be a good hedge against the upcoming recession. I think the bull market on the dollar is not over yet, and we are going to see new highs on the DXY index.
Thank you, and have a good one!
GBPJPY POTENTIAL FORECAST|TUESDAY|27/12/2022GBPJPY is currently in a nice bullish market structure. I personally am expecting this bullish structure to break as GBPJPY is very bearish fundamentally due to the sudden change in monetary policy in the yen and the weakening economic standpoint of the pound. GJ on the higher timeframe is in a minor retest to head down lower. We are currently seeing some form of exhaustion in bullish momentum and a roll over to retest the lows again is very likely. Will be looking out for a few confluences as marked in my charts for short. Take profits has been given and marked above.
Bitcoin - Bear flag, January is an extremely bearish month!
Sell before Christmas because this is the time when Bitcoin falls like a rock pretty much every time! January is also a deep freeze for Bitcoin.
At this point, this overlapy uptrend from 15450 to 18400 looks like an ABC correction to me. It shows all the signs of a correction.
Altough I believe there will be a lot of buyers at the 0.618 FIB retracement because this uptrend can be considered a strong trend by some traders. I am buying here for short-term gains.
The 0.618 FIB is a strong support because it coincides with the POC on the volume profile, the previous breakout level, and the beginning of the GAP.
I give you the most professional outlook on bitcoin, so hit the like right now! Thank you.
We can clearly see that Bitcoin is moving in an ascending parallel channel, or you can call it a bear flag as well. This is a big problem; you probably don't want to see this pattern at the start of something big.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
After we break this bear flag, Bitcoin can continue to drop to new lows and potentially hit 10k next year. I hope it happens very quickly, so we can start a new bull market as soon as possible. Of course, I don't want Bitcoin to be stuck in some range for another six months and then slowly bleed down.
At this point, I cannot be bullish because of the DXY index, and if I take a look at altcoins, it looks even worse.
Thanks for your attention!
DXY will trigger a huge crash! Best to stay in cash.
Everything indicates that the recession in 2023 is pretty much inevitable. And when the Fed pivots, a market crash is almost guaranteed. Nothing is for sure, but it's based on historical statistical data.
The DXY index is currently sitting at the strongest support ever created. It's the rectangle line + wave (3) + wave 1.
As per Elliott Wave rules, in an impulse wave, wave 1 cannot overlap wave 4. Only a small wick is permitted. I think this is the best place for a trend reversal and a strong dollar again.
Let me know what you think about the recession and the strong DXY dollar in the comments! I want to know your opinion!
As you can clearly see, this is the monthly chart, and the price is following this ascending parallel channel. Since 2008, we have been in an uptrend, and trend is your friend until the end.
I think if DXY drops below 101, then it's over and this channel is going to break down. The dollar will be weak, and the bull market is imminent.
But now there is no point in speculating on a weak dollar; why would you do that? I don't think it's a good idea to short the support and long the resistance. But the majority of traders do that, which is a paradox.
This is my update on the DXY index. The dollar is still in a strong uptrend, and from a technical perspective, the uptrend is intact. But let's see if the big players still want a strong dollar. We will discover soon!
Happy trading!
Ethereum is bullish! | Bull flag is ready!
This bullish flag is absolutely ready for a breakout! I am bullish on ETH, and I opened a quick long position. I will exit at the resistance, and after that, I am going to short ETH!
As you can see, the price is in this rectangle range, and usually the market is ranging 75% of the time, so there is a huge chance that the bears will step in at the resistance! I recommend shorting ETH later.
In my opinion, there is currently only a 25% chance that this rectangle pattern will be destroyed by the bulls on the first try. I expect a strong rejection and will go back to the POC that you can see on the right side of the chart.
There are a lot of stop losses above this flag, so I believe the market wants the liquidity.
From the Elliott Wave perspective, it looks like a corrective tripple zigzag pattern (WXYXZ), because we have an overlap between the major waves, which is not a good sign for the bulls.
This overlap is a problem. It shows the weakness, and I don't like it. Let me know in the comment section what you think!
We have a double bottom pattern on ETH. The neckline needs to be broken to confirm this pattern, but it's not going to be easy.
I don't know what about you, but I am now temporarily bullish on ETH, and I have my orders set to close long and open short at the resistance.
I wish you a lot of fun during your trades!
I post trade setups privately. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing.
For more ideas, hit "Like" and "Follow"!
Asian Paints Long TermTechnical Analysis :
-- Strict Stop Loss = 3077
-- Target - 1 = 3387
-- Target - 2 = 3625
-- Target - 3 = 4232
-- Strong support at 2786.
-- Touching 55 EMA
Fundamental Analysis :
-- Current price is more than the intrinsic value
-- Maintaining a healthy dividend payout
-- CAGR: 10 years - 22%
-- Cash Flow is negative
-- ROCE : 27 %
As the PE ratio is a little high compared to the Median PE i.e 68.8. So keep on investing in a small amount