XLM/USDT - Breakout of the year | Few more days left BINANCE:XLMUSDT (1D CHART) Technical Analysis Update
XLM is currently trading at $0.1356 and showing overall bullish sentiment
the price is currently around the resistance zone and the price was rejected around this resistance level 4 times in the past. This resistance level is very critical for the price to move above the resistance level. If the breaks the resistance then we can see a sudden pump in the price similar to the past.
Entry level: $ 0.1383 (After the breakout)
Stop Loss Level: $ 0.1221
TakeProfit 1: $ 0.1451
TakeProfit 2: $ 0.1531
TakeProfit 3: $ 0.1629
TakeProfit 4: $ 0.1753
TakeProfit 5: $ 0.1979
Max Leverage: 5x
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
Pattern)
🔥 Bitcoin's Next Macro Target: What To Expect SoonIn my last bullish BTC analysis I wrote about the idea that a short-term bottom had been formed and that were likely to bounce from said area.
As of today, this signal appears to be a great success. I also made a bearish signal recently, but that entry target had not been hit, so nothing lost.
In this analysis I want to take a look at Bitcoin's next macro target. The resistance is drawn from connecting the 2021 tops with each other and extrapolating said line.
In my eyes, this will likely be Bitcoin's next target and can potentially be a long-term resistance from which we bounce. Expect heavy selling around this resistance area.
For now, it's looking like BTC will continue the uptrend.
Happy to hear your thoughts!
🔥 TRX Massive Bullish Triangle SignalTRX has been crawling upwards ever since the FTX collapse in November 2022. Many alts have outperformed TRX, but TRX is one of the few who's been in a perpetual uptrend since the FTX fiasco.
In this analysis I want to take a look at the bullish triangle on the chart. The signal assumes that the price will break through the top resistance and continue to move up. A less risky trade would be to wait for the top resistance to break.
Big Swing Trade Opportunity in ASHOK LELANDAshok Leyland is around the medium support
With the support EMA is also working and we are getting support around the same level
Support levels are 155-160
We can see jump upto 210 level in coming weeks
Thank You !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
🔥 SAND Bullish Channel Signal: Ride The WavesAs seen on the chart, SAND has been trading inside a well-defined bullish channel pattern for almost 6 months at this point.
This signal is based on the idea that SAND will continue to trade within the channel and will bounce from the bottom support.
Stop just below 0.50$, target at 1$ to create a very decent trade with high RR.
Gold can leave pennant, break support level and then make retestHello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price recently traded in the buyer zone, where XAU soon reached the 2040 support level and broke it. After this movement, the price made retest and then started to trades in an upward pennant, where firstly Gold made a strong impulse up to the current 2150 support level, which coincided with the support area. After this, the price broke this level and rose to the resistance line of the pennant, but at once turned around and in a short time declined to the support level. Soon, the price turned around and some time traded between the resistance line and this level, and last time Gold fell to the support line of the pennant, where at the moment trades very close. So, in my mind, Gold can exit from the upward pennant, break the support level, and then make a retest. After this movement, I think also that XAU can continue to decline, therefore I set my target at the 2110 level. Please share this idea with your friends and click Boost 🚀
Multi year Breakout in SAPPHIRE foodsSAPPHIRE Food has given zero returns from last 2 years
Currently stock is trading near resistance
Stock has formed Ascending Triangle pattern which is Bullish pattern !!
If stock comes down then it may take support around 1300 levels.
Stock will give huge upside of 70-80% if it sustained above 1625 levels.
Thanks You !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Get Ready for Huge upside as PVRINOX at Support !!PVRINOX is around the long term support !!
Long term support is working from 2008 and now around the support
Long term support is around 1150-1240
In a weekly timeframe Stock is making falling channel
Falling channel support is also coming around 1180-1240
We have confirmed these levels from 2 charts
So Probability is higher that prices may bounce from these levels.
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
BTCUSDHi guys
Bitcoin halving is 32 days away. If we look at the previous patterns, about 500 days after the halving we had an uptrend. Compared to the past 500 days after this 32 days before halving, which price zone do you think will be seen!?
Remember that all price corrections are the right time to buy. As soon as the rally starts, we probably won't stop.
🔥 Bitcoin In The Biggest Bull-Run Since 2016? Let's Discuss!Bitcoin has been performing exceptionally well over the last months. This cycle is the first cycle where Bitcoin has made a new all-time high (ATH) before the halving, instead of after. The most likely cause for this are the massive ETF inflows which boosted the price to new highs.
Historically, Bitcoin has always peaked in Q4 of the next year after the halving. In this case, it would mean that BTC will peak in Q4 of 2025. Seeing that we're already at 70k in Q1 of 2024, this could lead to some issues.
There's a few possible outcomes and explanations that I want to share.
1: This cycle will be similar to 2016 and we will continue to go up in a relatively stable straight line until Q4 of 2025. Bitcoin could reach >300k because of the continued buying power from ETF's.
2: This cycle is outperforming the past cycles, which is not possible due to diminishing returns theory (bull and bear markets will be less extreme). Considering that we "should" top in Q4 of 2025, we will see a long period of sideways/bearish price action in order to get the white line under the blue and purple lines. Top will be in Q4 of 2025, but a lot lower. Think 150k.
3: Diminishing returns theory will hold, but we will top much earlier than Q4 2025. In another analysis that I recently made I discussed the fact that BTC on average tops 40 weeks after a new all-time high has been made. This would lead to a cycle top in Q4 of 2024. With Diminishing returns still in play I'd guess we can top somewhere between 100k-150k.
It's going to be interesting to see which historically accurate theories will be broken this cycle, seeing that this is the first time that BTC made a new ATH before the halving. Best case scenario would be a long cycle with a price as high as possible.
What is your view on a new ATH before the halving? Which scenario do you deem most likely? Share your thoughts.
CELET - Confirmed breakout and bearish trend#CELER/USDT #Analysis
Description
---------------------------------------------------------------
+ I've observed a distinct breakout from the broadening wedge pattern, indicating a pronounced bearish trend.
+ I anticipate the price to sustain this bearish momentum and descend towards the next support zone.
+ This presents a favorable opportunity for a short trade.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price:0.03042
Stop Loss: 0.03458
------------------------------
Target 1: 0.028
Target 2: 0.0268
Target 3: 0.02359
------------------------------
Timeframe: 4H
Capital Risk: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Another Saucer pattern is Seen - Let's Trade 📈#ALPHA/USDT #Analysis
Description
---------------------------------------------------------------
+ ALPHA is currently forming the saucer pattern that we have seen in BINANCE:LITUSDT
+ The saucer pattern typically indicates a bullish sentiment, suggesting that once the price surpasses the resistance line, a significant price increase can be anticipated.
+ I plan to enter a LONG trade post-breakout, targeting an entry price of approximately 0.1534.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.1534
Stop Loss: 0.1162
------------------------------
Target 1: 0.1715
Target 2: 0.1896
Target 3: 0.2239
Target 4: 0.2979
------------------------------
Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-15x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
LIT - A trade opportunity with a profit potential of +730 %#LIT/USDT Analysis
Description
---------------------------------------------------------------
+ LIT has formed a promising saucer pattern, typically regarded as a bullish indicator.
+ Currently, the price is lingering near the resistance zone, suggesting a potential breakout in the near future.
+ I've identified a compelling trade opportunity with a profit potential of +730% (leveraged at 10x). I'm initiating the trade at the current price, allocating a small margin of 0.25% of the trading capital.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price:1.267
Stop Loss: 0.992
------------------------------
Target 1: 1.371
Target 2: 1.524
Target 3: 1.787
Target 4: 2.203
------------------------------
Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 10-15x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
🔥 A Simple Guide To Sell The Bitcoin TopIn this analysis I want to talk about the upcoming Bitcoin top, and how to make sure you will exit at the "right" time.
As seen on the chart, every past cycle has topped at, or close at the purple RSI resistance drawn on the bottom half of the chart.
The strategy is simple, sell your BTC's in the month that the RSI has hit the top resistance. And Ideally, buy them back at a discount once the RSI hits the bottom support.
You will likely not catch the exact top, but will catch the top area better than 90% of traders.
🔥 Bitcoin On-chain: You're Still EARLY This Cycle 🚨In this analysis I want to dive deeper into on-chain analytics, namely the amount of the BTC supply that has not moved in over 1-year (read: investors that hold BTC for >1 year).
This metric is important because it gauges the amount of hodlers in the market. Historically, the amount of hodlers always goes up during bear-markets and goes down during bull-markets.
Take a look at the previous three cycles. Hodlers only really started selling after BTC has made a new all-time high.
Seeing that the white line has only just started going down, we can safely assume that we're still early into the real bull-market and that we likely have another 6-12 months of bull period (historically) ahead of us.
Don't worry if you missed the boat on your favorite altcoin, you're still early.
Delta corp is bottoming out Soon Delta Corp is Bottoming out soon irrespective of any news !!
Stock is near long term support of 90-100
Currently stock is in a falling channel and prices may continue to go down unless it don't breaks the upper resistance of the channel
Every time stock comes around long term support we can see huge upside of 200-250% in few months
Keep it in watchlist and take your own decisions !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Short-term analysis of Bitcoin in the 15-minute time frame:Bitcoin is currently forming a megaphone pattern in the 15-minute short-term time frame. This pattern often breaks from the top, and its target could be the $77,000 range.
Please note that the analysis you see here is for informational purposes only and should not be used as a basis for making trades.
🔥 Bitcoin OFFICIALLY In Price Discovery Mode 🚀As of today, I think we can finally say that Bitcoin has confidently broken out of the previous ATH of 69.000. Yes, we had a couple of wicks towards 70k, but never a real confident break out like now.
Today is the start of Bitcoin's era of price discovery. If history will repeat itself we will go up a lot over the coming weeks. Prepare yourself for strong moves to the upside, but also quick and violent dumps on the downside.
Wouldn't be surprised if we're going to see 100k over the next few months.
Bandhan Bank can give 100% returns !!Bandhan Bank has not given nay returns since IPO
Currently Bandhan Bank is at 52 week Low
Stock is around the support working from 2020
We might see volatility till 170 but overall strong support is 170-190 level
If stock don't Breaks 170 level then we can see 80-100% upside from these levels.
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
🔥 GMT Long-Term Trend Shift: Big Signal!After 1.5 years of straight selling, GMT has finally confirmed a change of the long-term trend.
In my eyes, GMT is one of the better undervalued tokens on the market right now. It saw a huge move back in 2022, but lost around 95% of its value at some point. Relatively new token, so a lot of potential upside.
Stop under the weekly swing low, target at the all-time high.
Dow Jones is going to fall ?? Dow Jones is Working this Rising Channel
Currently Index may touch 41000 on days to come but
As history shows after every rise of 20% DJIA gives the fall of 6-7%
We are little bearish on Stock markets
Well well well !!
If USA market goes down then can we expect overall world market to fall ??
Lets see !!
Thanks !!