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Bullish Patterns

ETH over the last year and now todayI wanted to zoom out of the chart that I provided yesterday identifying this potential for buying the dip. We did break down through bottom of ascending channel for just a fast wick but it likely indicates we are breaking out of this ascension. As you see there is a lot of potential for a sideways channel here at the top of the larger (slightly descending) sideways channel, here we could consolidate in the top third of the channel and then build up the courage to try to break out of top of this year long channel again, or break down and potentially trace all the way back to bottom of channel which as you see is as low as $2200. If we break that $3500 support, I will become short term bearish. Market has been strong though so good chance we maintain top of channel and try to break out again in the near future. IMO daily candle charts are the most important and reliable charts. I do like 4 hour candles as they are more granular for seeing trends and are pretty close to as reliable and I often look at 1 hour candles for a pulse on the now but generally speaking, the shorter candle you use, the less you can rely on it. Lets take a look at the break down of the daily candle. --------------------------------------------------------------- # ETH/USD Analysis – Daily Chart 📊 ## Structure and Price Action: **Ascending Channel with Breakdown Risks** ETH/USD is currently trading within a **parallel ascending channel**, with price oscillating between its upper and lower bounds (green lines). Recently, the price sharply rejected at **$4,100** and is now testing the **lower trendline support** near **$3,500**. **Bearish Rejection Near Key Resistance** Sellers emerged strongly at the **$4,100 Bearish Order Block (OB)**, leading to a steep reversal. This highlights a significant supply zone at this level. **Approaching Key Demand Zone** The price is nearing **Bullish Order Blocks (OB)** around **$3,500–$3,600** (green zones), where buyers have defended historically. This is a critical support area within the larger channel. --- ## Support and Resistance: **Immediate Resistance** - **$3,600–$3,700**: Overhead resistance zone, aligned with EMA 20 and mid-channel range. - **$4,100**: Major supply zone, previously rejected at this level. **Key Support Levels** - **$3,500**: Current demand area reinforced by a key trend line - **$2,800–$3,000**: Next structural support if breakdown occurs. --- ## Indicators **EMAs (20/50/100/200):** - The price has dropped below **EMA 20 ($3,800)** and **EMA 50 ($3,750)**, indicating short-term bearish momentum. - **EMA 100 ($3,610)** is providing immediate dynamic support. - **EMA 200 ($3,380)** remains a critical long-term support level. **Parabolic SAR** - SAR dots are below the candles indicating an up wave in progress but it seems muted. **Volume** - Recent sell-off saw a **volume surge**, confirming active participation in the pullback. **Stochastic RSI** - Currently **oversold** (9.30/26.79), favoring a short-term bounce from this zone. **Money Flow Index (MFI)** - MFI is sitting at **51.26**, indicating neither overbought nor oversold conditions but showing signs of selling pressure easing. --- ## Pattern Analysis: **Ascending Channel Breakdown Risk** ETH/USD is testing the **lower channel boundary ($3,500)**. A breakdown below this level could invalidate the top of channel, leading to bearish momentum targeting lower support levels. --- ## Probabilistic Outlook **Bullish Scenario (Primary Case):** If buyers defend the **$3,500–$3,600** zone with rising volume: - **First Target**: $3,800–$3,850 (EMA 20 and mid-channel resistance). - **Second Target**: $4,000–$4,100 (upper channel resistance). **Bearish Scenario (Alternate Case):** If the price closes below **$3,500**: - **First Target**: $3,200 (next structural support). - **Second Target**: $3,000–$2,800 (psychological level and major demand zone). --- ## Key Signals to Watch: 1. **$3,500 Support**: Holding or breaking this level will decide the next move. 2. **Volume Confirmation**: Rising volume on bounce or breakdown strengthens directional bias. 3. **Stochastic RSI Oversold Levels**: Signals a possible bounce unless selling pressure increases. --- ## Order Book Update: Order books continue to look dirty but with potential for recovery. Both asks and bids tracking a downward trend, asks is staging a potential ascending channel though many times asks have lost a bit more than bids on pullback, indicating negative trader sentiment or fear in the market, it is in a position to change course over the next days but until it does, books are under pressure. --- ## Conclusion: ETH/USD is at a **critical inflection point**, testing the lower trendline of the ascending channel converting to a sideways channel to consolidate before breaking out or breaking down. Bulls need to defend **$3,500** to sustain the medium term bullish structure. A successful defense targets **$3,800–$4,100**, with anything higher than $4100 starting a new breakout and while failure to maintain $3500 opens the path toward **$2,800** or lower. 🔍 **Monitor volume, key support levels, and stochastic momentum for confirmation.** 🚨
COINBASE:ETHUSD
by EncryptShawn
XRP Long OpportunityMarket Context: XRP has shown strong performance and is revisiting the 2021 resistance highs, which have now flipped into support. This creates an ideal zone for a long entry with solid risk-to-reward potential. Trade Details: Entry Zone: Around $1.80 Take Profit Targets: $2.42 $2.90 Stop Loss: Close below $1.60 This setup aligns with XRP’s bullish structure, providing an opportunity to capitalize on its momentum while managing downside risk effectively. 📈
Long
by Richtv_official
Reason to worry on Alts?With Bitcoins huge institutional backing seeing it far surpass $100k and reaching a new high of $108k, it's easy to say that the biggest cryptos future looks bright, but what of altcoins? Looking at the TOTAL3 chart there are a few key points I'd like to highlight, some positive and some negative: 4H 200 EMA - This moving average is so important for the short/mid term bias. In a bear market we very rarely see trading above the 4H 200 EMA and vice versa in a bullmarket. Currently TOTAL3 is retesting the MA as support, with first tap wicking below and then a move back above, this is positive so far showing that buyers are willing to step in at this level. Bullish. Bearish structure forming? - At its core, trading is simple. You buy low and sell high, now we all know there is more to it than that but the basics are still the most important. The trend is your friend, so lets analyse the trend. Clear Higher high and Higher lows ever since the US election result, bullish structure/trend. However, we recently got our first Lower high since then and now the question is will we get a Lower low to flip the structure bearish? So far that is not the case ass the 4H 200 EMA swooped in to save the day but if price were to dip below the Daily support we'd have a trend flip on the 4H. Since that is an IF, lets see what is happening now, a tightening of the highs and lows would equal an accumulation phase and in this instance an accumulation phase after a strong rally is a setup for the next leg which is bullish. Just got to keep an eye on that structure for now. The formation of a downtrend - This ties into the structure point, like how we saw 8 months of "chop" on BTC which in reality was a downtrend after a strong rally, this chart pattern is looking similar to 4H TOTAL3 we see now. If we see a new LL at the downtrend support level I will switch to trading TOTAL3 as a range until proven otherwise.
CRYPTOCAP:TOTAL3
by ProR35
BTC - Let's Do It Again!Hello TradingView Family / Fellow Traders, this is Richard, also known as theSignalyst. 📈 As per my last BTC analysis (attached to the chart), BTC rejected the blue circle zone and made a new ATH. If you missed it, we might have another opportunity to catch it again. The new blue circle marks the intersection of a key structure, the lower blue trendline, and the $100,000 round number. 📚 According to my trading style: As #BTC approaches the new blue circle, I will be looking for bullish reversal setups (such as 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
Long
by TheSignalyst
31
INJ Long Swing Trade OpportunityMarket Context: INJ has entering a key area of support, offering a strategic opportunity to ladder into a long spot trade. This swing trade setup allows for strong upside potential while maintaining clear risk management. Trade Details: Entry Zone: Between $22.55 - $23.50 Take Profit Targets: $31.00 - $35.50 $45.00 - $50.00 Stop Loss: Just below $21.00 This setup provides an excellent risk-to-reward ratio for a swing trade as INJ consolidates within support, setting up for potential upside continuation. 📈
Long
by Richtv_official
BTC DECEMBER FOMC Going into FOMC the consensus is we'll see a 25bps cut from the FED (95% chance), this would take interest rates from 4.75% to 4.5%. Because the expectation of a cut is so certain, we can assume that the markets have priced this in so baring any craziness in the form of a different result we should see market sentiment remain the same, bullish. A FED pause,(although unlikely according to data) would be very bearish in the the short term in terms of volatility. I would expect to see price revisit the $98-99K mark where the 4H 200EMA would roughly be. In a bullmarket the 4H 200EMA can be used as a great support level often bouncing off of it. For a 25bps cut which is the expected outcome, we have two paths IMO. The bullish path is consolidation under the ATH then a break above, retest and off we go towards $110,000. The bearish path is a loss of this key S/R level after a consolidation above support and break under with a confirmed retest of new resistance. I know it's typical "could go up, could go down", however it's the context that matters here. Alts have taken a back seat for the last week or so, BTC.D at a key level and a rejection off this level would mean alts can play catch-up while as BTC consolidates. We very rarely see BTC drop and altcoins pump so this is the most likely outcome to me baring no upsets in FOMC.
by ProR35
HBAR/USDT: Breakout Alert: 50%+ Upside Incoming?🚀 Hey Traders! 👋 If this setup speaks to you, hit that 👍 and smash Follow for trade ideas that actually deliver! 💹🔥 HBAR Looks Ready to Fly! 📈 HBAR is breaking out of a symmetrical triangle on the 4-hour timeframe—a classic bullish signal! Momentum is building, and we’re eyeing a 50-60% upside move. Now’s the time to position smartly: 🔹 Entry Range: CMP and accumulate up to $0.295 🔹 Targets: $0.328 / $0.366 / $0.412 / $0.444 / $0.495 🔹 Stop-Loss: $0.27 🔹 Leverage: Keep it low (Max 5x) ✅ 💬 What’s Your Take? Are you seeing the same explosive breakout potential? Drop your analysis, thoughts, or predictions below! Let’s ride this setup together and lock in those gains. 💰🌊 🔔 Stay Tuned for More Winning Setups! Hit Follow, pin us to the top, and never miss the next big move! 🚀📊
Long
by CoreCrypto1
"Breakout Confirmed: MEME/USDT Poised for 250% Gains – Don’t MisHere’s an overview of the MEME/USDT chart, pointing out its potential to increase in value by 250% or more in the next few months. Important Findings Breaking above a downward trend line. A clear downward trendline was crossed in early November 2024, showing a change from a negative to a positive outlook. After the price increased, it has now become steady, which means people might be gathering more before the next big change. Important Support Points: 0. 01262 (current breakout level): This is a key level for support right now. Below this, 0. 01200 acts as strong support, keeping the price above important low points. Important Levels Where Prices Might Stop Rising (Target Areas): 0. 02122: The first big obstacle. If it goes above this point, it could start a big rise. 002500: The next goal after breaking out, which is the same as the last highest point. 003311: A medium-term goal that matches earlier supply areas. 004732: This is the last key resistance point, which could lead to a profit of about 250% to 300% from the current price. MACD Analysis: Understanding MACD is about looking at two moving averages to help predict the price trends of a stock. It can tell us when to buy or sell by showing the momentum of price changes. The CM_Ult_MACD and MACDRe indicators suggest that momentum is slowing down and may start to go up soon. When the histogram shows positive divergence and the red bars are getting smaller, it might mean that there is a chance for more upward movement in the market. Amount and Market Setup: The amount of trading seems stable after the price went up, showing that the market is settling down. A big increase in trading activity when prices go up can show that investors are interested and that the upward trend will keep going. Story of Investing for Medium-Term Profits Technical Breakout Setup: The price has moved up from a long period of decline and is now settling down, which suggests that people are starting to buy more. Risk-to-Reward Ratio: There's a small chance of losing money at the support level of 0. 012, but there's a big chance to make money, reaching between 0. 03311 and 004732 250% Target Reason: The main resistance points match up with past price patterns and show a slow return to a positive trend. Planning When to Start and Stop: Start buying at a price around 0. 01239 to 001262 Stop-Loss: Under 0. 01200 (a solid support area). Profit Goals: 0. 02122 (Goal for the short term: about 75% increase) 0. 03311 (Goal for the middle of the term: about 150% increase) 0. 04732 (Goal: about 280-300% profit) This chart setup provides: Low risk with a clear point to stop losses. Big chances for profit with possible returns over 250%. A clear confirmation of a breakout and positive MACD signals are boosting confidence in continued price increases.
Long
by PROFITPULSE10X
ALU Long Spot Trade OpportunityMarket Context: Altura (ALU) has delivered an impressive rally and is now poised for a healthy retracement to retest the previous resistance as support at the $0.08 zone. This setup offers a solid risk-to-reward opportunity if price holds this level. Trade Details: Entry Zone: Around $0.08 Take Profit Targets: $0.16 $0.24 Stop Loss: Daily close below $0.07 This setup capitalizes on ALU's pullback to support, aiming to catch the next upward expansion. 📈
Long
by Richtv_official