Butterfly
Tesla stock investment planTesla stock investment plan
Currently, tesla appears a butterfly pattern in the next week's frame with good news of this corporation, and this is also the time for previous speculators to take profits.
Trading plan: Sell off according to the butterfly pattern, and back to the 0.5-0.618 fibo zone we gather and hold up
📈Bitcoin price correction / Targets for the Bearish market📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders. Let's make it simple.
Bitcoin will retest lower levels around 43K. (But the most important dynamic level is the Daily Bollinger midline.)
If the price breaks below the specified area, Bitcoin can fall towards lower targets of $40,000 to around $37,500.
Many analysts are predicting a sell-off after the approval of the Bitcoin ETF.("Sell the news")
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✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
The goal of reducing $40According to the Butterfly pattern, the decline at the target of $ 40 ideally converges. We also go down the channel where the lower border of the channel will be. All 2 parameters should be added together. We should reach it by the end of 2024, there will be a great point for going to long.
DOW - At ATH's 38k next Target. BLACKBULL:US30 is sitting at the top of the move with what is looking like one more move higher into 38k before we see a decent retracement.
In the smaller TFs there is a pattern setting up giving us potential upside targets.
I go into more details of these levels to watch in my group.
Once the high comes in we look at the retracement to see if its going to be bullish or bearish. But first we need a top, then we can go from there.
I hope this helps. Enjoy the week.
Weak Bull Formation and Short-Term Buy/Sell OpportunitiesEURUSD presents a potential shorting opportunity with the Bearish Butterfly Pattern on the 4-hourly chart at 1.1045. This aligns with the backdrop of a weaker bull trading setup observed on its Weekly chart.
For those seeking a buying opportunity, consider monitoring the 1-hourly chart at 1.0993, where a potential support trading setup might offer an entry for bullish positions.
What's your analysis or stance on EURUSD? Share your thoughts below!
BONK is Ready to Pump again🚀🦊There has been a lot of talk about memecoin BONK these few days (it has given about ➕ 700% profit in the last 30 days), so I decided to analyze the chart of this token for you in a 15-minute time frame. Maybe we can still make a profit from it.
📚 What Is Bonk (BONK) ❗️❓
🔸 According to the one-pager, BONK is the first dog-themed coin on Solana "for the people, by the people" with 50% of the total supply of the cryptocurrency airdropped to the Solana community. BONK is similar to Shiba Inu (SHIB) and Dogecoin (DOGE) memecoins, it was launched on December 25, 2022, and led to an increase in the price of the SOL token (a rise of 34% in 48 hours). Trading began on December 30, 2022, arousing genuine interest from the crypto community.
🔸The main goal of the team is to bring back liquidity to Solana-based decentralized exchanges (DEXs). The idea of the developers was to create a full-fledged community coin that will be used across all the dApps built on Solana, and each user will have the opportunity to become part of the ecosystem, "where everyone gets a fair shot".
🔸BONK was airdropped randomly to Solana NFT collectors, developers, and artists, other airdrop details remain unknown.
💡It was just 11 days ago that Anatoly Yakovenko , one of the founders of Solana Labs , expressed his regret that the company's Saga mobile phones were NOT sold. However, the company's official account announced today that all Saga mobile phones have been sold in the US , with only a few remaining in Europe . Referring to the amount of BONK tokens that each buyer of Solana's mobile phone will receive, Steven Zheng , director of research, said yesterday: "They want to buy Solana's phone Because the value of the BONK tokens they receive will soon be more than the phone itself.
📉From the point of view of technical analysis , it seems that the BONK token is moving in a Descending Channel .
💡 BONK also seems to be completing a 🦋 Bullish Butterfly Harmonic Pattern 🦋 near the 🟢 Support zone 🟢 and Support lines .
🔔I expect BONK to break the upper line of the descending channel after the Bullish Butterfly Harmonic Pattern completes [in 🟡 Time Reversal Zone(TRZ) 🟡] and at least rise( ➕40% ) to the 🔴 Resistance zone 🔴.
❗️⚠️Note⚠️❗️: In general, try to risk less capital on Memecoins.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bonk Analyze (BONKUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Effort of the Young Green Butterfly to Raise the Siemens Flagthe detail is shown in the above Chart.
I made this Idea based on Candlestick Analysis and Fibonacci Tool .
The Buyers' Crab could reach the highest point at the price of 167 euros.
The Bearish trend started and siemens flag is falling and approaching to the golden level of buyers crab .
The past trend of sellers' candles has formed a motivated green butterfly pattern
So we can expect this young Butterfly to raise the Siemens flag again.
Siemens Is Great .
Good luck.
Balancing Bullish Signals And Counter-Trend StrategiesGBPUSD showcases a Bearish Bat pattern on the daily chart, signaling a potential shorting opportunity with a likely retest around 1.2691.
Another approach would be to watch for resistance retesting, aiming for a double top with RSI divergence at 1.2606 on the 1-hourly chart.
However, if you're leaning towards a buying opportunity, considering the Weaker Bull trading setup on the weekly chart, the 1-hourly chart reveals a Bullish Butterfly Pattern.
Keep an eye out for a retest around 1.2522 as a potential entry point for a buying opportunity! 🦋💱🐂
What's your game plan for GBPUSD? Share your thoughts or trade strategies in the comments below!
Let's discuss and analyze potential moves in this market. 💬📊
Weekly Marubuzu Candle & Hourly Bearish PatternsNZDUSD presents a Bearish Butterfly Pattern on the Daily Chart, tempting many traders to consider shorting.
However, a note of caution: ensure the candle breaks and closes above the PRZ (red box) for confirmation before proceeding.
My strategy leans towards prudence, awaiting further validation through the Bearish Shark Pattern on the 1-hourly chart at 0.6219.
This approach not only reduces risk but also offers better returns, granting additional confirmation before entering the trade.
What's your take or trade plan on NZDUSD?
Share your insights below!
USDJPY: 3 Line Strike at the PCZ of a Bearish BatSimilarly to around the same time last year when USDJPY was at these levels, it had developed a 3 Line Strike at the PCZ of a Bearish Harmonic, and if it goes like last year, this will result in at least a few months of downside on this pairing.
There is also some Bearish Divergence formed on the RSI at this level.
Additionally, there is a much bigger Macro Bearish Butterfly setup that can be seen here: