Kadena, KDA, deep retrace sets up 100x algo targetanother deep one but it's off to a great start. Love the swing failure pattern (SFP) into the 0.707 fib. hallmarks of smart traders accumulation a position before running it in the opposite direction, in this case higher.
the way I see it, the shallower the retrace, the stronger the coin. for example looking at ADA, 0.5 fib was the bottom & that says "strong af". a retrace to .618 - .65 is perfect for this setup (see my other charts) & .707 is deep but fairly common in crypto so its still an excellent risk to reward trade.
See linked BTC chart for why my charts are so bull.
The Trade:
Preferred Entry: $0.77 or a 0.168 retrace of this impulse wave (if we get one)
Ape Entry: $1.23
Resistance: $5.70 - order block + bear golden pocket.
Target: $123
Chart requested by @beebbeeb
taking initial (+ some) off at resistance gives a free shot @ 100x with the rest.
D.Y.O.R. DO NOT BLINDLY TAKE THESE TRADES.
Never Trust. Verify. PLEASE DO YOUR OWN ANALYSIS.
This is not financial advice. These are just my observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key. Capital preservation above all else.
Bullish Patterns
End of Year Palladium Bull Run \o/From the current notation, I see this leveraged ETF on Palladium rising approximately 45% until the end of the year. The reasons are as follows:
Fundamental Factors : With increasing sanctions on Russia, one of the main exporters of palladium, global supply may become constrained. Furthermore, inflationary pressures might drive commodity prices higher. Technical Indicators : The Palladium chart has recently formed a higher high, and a higher low appears to be developing. The price has crossed above the 200-day SMA, and now the 30-, 50-, and 200-day SMAs are bullishly aligned. Seasonality: The seasonal strength in OANDA:XPDUSD is expected to begin the week after next.
So, we could get ready for rising prices in Palladium!
PEPE Is Falling, Should You Invest?Lets break down CRYPTO:PEPEUSD on the Daily Chart!
After Robinhood & Coinbase listed CRYPTO:PEPEUSD on their platforms, we see the accumulation of Trading Interest rise which helps push price up, breaking the Highs of May!
Since having created the Higher High @ .000025676, Price has been falling and seems to be creating a familiar Bullish Pattern called a "Falling Wedge", formed by Lower Highs (Falling Resistance) into Lower Lows (Falling Support).
Wedge Patterns are considered Continuation Patterns so given the Uptrend move prior to the formation of the pattern, we can suspect Price to Continue Higher after a Bullish Break of the Falling Resistance!
The Retracement or Pullback to the 50% Fibonacci Level while Price is in the Consolidation State of the Pattern typically suggests the Pullback has ended. The 50% Fibonacci Level or .000016697 sits right in the middle of the Support Zone established by the May Highs.
The Last Low @ .000017309 just missed the May High @ .000017223 and the 50% Fibonacci Level, so with Price still trapped by the Falling Resistance, we could see more Downside for CRYPTO:PEPEUSD before getting the Confirmation of Pattern with the Bullish Break!!
Based off the Extension from the Lower Low @ .000007718 to the Higher High @ 000025676 giving us a .000017958 or 232.68% Increase, we can derive that a .000038 Potential Target with a Valid Bullish Break is possible!
Indicators:
- Price Trading Above 200 EMA
- RSI Above 50
- BBTrend Printing Green Bars
- DSR Aligning with 50% Level
FET Long Spot Trade (Breakout and Retest)Market Context:
FET appears to be forming a bottom on higher time frames, signaling a potential reversal. The $1.75 level is key, and a breakout followed by a retest could offer an ideal entry point.
Trade Details:
Entry Zone:
Around $1.75 (post-breakout and retest).
Take Profit Targets:
Target 1: $1.90
Target 2: $2.30
Stop Loss:
Below $1.64
Rationale:
Bottoming Structure: The higher time frame price action indicates potential accumulation, with $1.75 acting as a pivotal level for a shift in market structure.
Confirmation: Waiting for a breakout and retest ensures that the entry aligns with bullish momentum.
Risk Management: Placing a stop loss below $1.64 minimizes downside risk while allowing the trade room to breathe.
Execution Notes:
Monitor volume on the breakout to confirm conviction.
Adjust take profit levels based on price action and market sentiment.
EURAUD - Doing It Again...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURAUD has been bearish trading within the falling channel in red.
Currently, EURAUD is approaching the lower bound of the channel.
Moreover, the zone marked in blue is a strong support.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the support zone and lower trendline acting as non-horizontal support.
📚 As per my trading style:
As #EURAUD approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Zillow Group, Inc. (Z) AnalysisCompany Overview:
Zillow Group, Inc. NASDAQ:Z is a leading online real estate marketplace, transforming the real estate industry through innovative technology and strategic partnerships. Its platform serves as a bridge between high-intent homebuyers/renters and top-performing agents, fostering an ecosystem that drives revenue growth and enhances user satisfaction.
Key Drivers of Growth:
Agent Connections Strategy:
Zillow’s approach of connecting motivated buyers and renters with experienced agents generates immediate revenue through lead generation while cultivating a loyal user base, contributing to a self-sustaining growth flywheel.
Outpacing Industry Growth:
Analysts forecast 12% annual revenue growth for Zillow over the next three years, surpassing the 11% sector average. This positions the company to deliver superior stock performance amidst a competitive market.
Real Estate Tech Innovation:
Under the leadership of CEO Jeremy Wacksman, Zillow focuses on developing cutting-edge tools that streamline real estate transactions, such as advanced AI-driven property valuations and user-friendly interfaces. These innovations solidify its role as a leader in real estate technology.
Market Potential:
Zillow benefits from the increasing adoption of digital real estate solutions, supported by consumer demand for convenience and efficiency in property searches, transactions, and rentals.
Investment Outlook:
Bullish Stance: We are bullish on Z above $63.00-$64.00, given its strategic growth initiatives, sector-leading revenue projections, and technological advancements.
Upside Target: With its strong positioning, we target $105.00-$110.00, reflecting Zillow’s potential to capitalize on a growing market and its tech-driven competitive edge.
📈 Zillow—Innovating the Real Estate Landscape! #PropTech #RealEstateInnovation #ZillowGroup
EUR/JPY BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
EUR/JPY pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 9H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 161.123 area.
✅LIKE AND COMMENT MY IDEAS✅
USD/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
We are targeting the 0.884 level area with our long trade on USD/CHF which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
✅LIKE AND COMMENT MY IDEAS✅
USDJPY Is Approaching The Daily TrendHey Traders, in today's trading session we are monitoring USDJPY for a buying opportunity around 150.200 zone, USDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 150.200 support and resistance area.
Trade safe, Joe.
Gold Potential UpsidesHey Traders, in traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2620 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2620 support and resistance area.
Trade safe, Joe.
Coffee Is Getting ExpensiveCoffee is in a massive rally on tight Brazil crop fears and if we take a look at the weekly chart, we can see it trading impulsively higher with space for more gains until it fully completes a five-wave bullish cycle by Elliott wave theory, just watch out on short-term 4th wave pullbacks.
Basic Impulsive Bullish Pattern shows that Coffee can be trading in subwave "iii" of 3 of (3) of a five-wave bullish impulse of different degrees, so more gains can be seen after short-term 4th wave pullback.
ADA Long Spot Trade (Support Zone Retest)Market Context:
ADA has retraced to a major support zone, presenting a solid opportunity for a long position. The current levels align with historical price action, suggesting a favorable risk-to-reward ratio.
Trade Details:
Entry Zone:
Primary: $0.89 - $0.96
Secondary: $0.70 - $0.79
Take Profit Targets:
Target 1: $1.05 - $1.16
Target 2: $1.50 - $1.60
Stop Loss:
Level: Just below $0.60
Rationale:
Support Zone: ADA is consolidating at a robust support area, where price action suggests potential for a reversal.
Risk Management: A stop loss just below $0.60 ensures protection against downside risks while allowing room for market fluctuations.
Potential Upside: The targets align with prior resistance levels and psychological barriers, providing a clear roadmap for profit-taking.
BTC Bullish pain scenarioI've been finding BTC has been following more traditional movements with the higher volumes currently being traded.
Would like to see something where we have a sustained amount of sideways accumulation allowing some more money to flow into altcoins causing mini cycles in sectors.
Would also then expect stops to be wiped out on both sides before BTC continues its move.
Hoping we make it to the 115k-120k region before cooling off.
Lets see whats to come...
HMSTR/USDT: 80% RALLY INCOMING!!Hey everyone! 👋
If this analysis resonates with you, smash that 👍 and follow for more high-value trade setups! 💹
🔍 Technical Overview:
HMSTR is on fire! 🔥 It’s breaking out from a symmetrical triangle, with a successful retest confirming the breakout. The 100MA support is holding strong, further boosting confidence in the move. It’s now eyeing its All-Time High (ATH), making this an ideal time to jump in. Long some here, and keep an eye on the dips for accumulation!
💡 Entry Range: CMP and add more up to $0.00366
🎯 Targets:
Target 1: $0.0043
Target 2: $0.0050
Target 3: $0.0058
Target 4: $0.0069
🛡 Stop Loss: $0.0034
⚙ Leverage: Max 5x (Low leverage recommended)
Why This Trade?
HMSTR is showing strong bullish momentum, and its breakout structure aligns perfectly with classic bullish patterns. With the 100MA acting as a solid support, the risk-to-reward ratio is highly favorable!
💬 What’s your perspective on HMSTR’s price action? Are you seeing the same potential for a rally? Share your thoughts and analysis in the comments below, and let’s ride this wave to the ATH together! 🚀🔥
#ETH Update: Ready for a Massive Move?Hey everyone!
If this analysis resonates, hit that 👍 and follow for more timely updates! 📈
A few days ago, I mentioned ETH bouncing from the $2,900 level, and it’s been progressing perfectly! 🔥 Check the chart for proof.
Currently, ETH is attempting to break out of a descending channel on the daily time frame. Once it confirms a breakout, a rally toward $6,500 could be on the horizon. 🌟
Here’s the plan:
📌 Entry: Wait for a daily close above or buy a portion now and DCA at lower levels.
📌 Targets: $6,000 / $6,500 / $7,000
📌 Stop Loss: $2,980
📌 Leverage: Stick to low leverage for safety.
This setup screams bullish potential! Are you seeing the same? Share your insights in the comments below, and let’s ride this wave together!
ADA/USDT: BULL FLAG BREAKOUT! 50% RALLY INCOMING!!Hey everyone! 👋
If this analysis resonates with you, don’t forget to hit that 👍 and follow for more high-value setups! 💹
🔍 Technical Overview:
ADA is showing strong bullish momentum! It’s breaking out from a bull flag-like structure, with a successful retest confirming the move. The support is holding firm, signaling a potential rally ahead. Now’s the time to long some and add more within the given range!
Entry Range: CMP and add up to $0.98
🎯 Targets:
Target 1: $1.08
Target 2: $1.24
Target 3: $1.36
Target 4: $1.49
🛡 Stop Loss: $0.92
⚙ Leverage: Max 5x (Low leverage recommended)
Why This Matters:
The setup points to a decisive bullish breakout for ADA! With the confirmed retest and strong support levels, it’s looking like an excellent opportunity for traders.
💬 What’s your take on ADA’s price action? Are you seeing the same breakout potential? Drop your thoughts and analysis in the comments below, and let’s ride this wave together! 🚀