GBP/USD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
Bullish trend on GBP/USD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 1.336.
✅LIKE AND COMMENT MY IDEAS✅
Bullish Patterns
GBPCHF Potential UpsidesHey Traders, in today's trading session we are monitoring we are monitoring GBPCHF for a buying opportunity around 1.11900 zone, GBPCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.11900 support and resistance area.
Trade safe, Joe.
Toncoin Resumes Its Bullish TrendToncoin with ticker TONUSD made a bigger decline recently after Telegram CEO Pavel Durov was Arrested in France. However, they were most likely just spreading the fear like back in 2022 when FTX's Sam Bankman-Fried was arrested as well, but Crypto market found the low back then and turned bullish. So, don't get scared at this stage, as TONUSD may have just finished a deeper A-B-C correction in wave (4) from where we can expect a bullish resumption for wave (5) of 3.
It's actually nicely bouncing from projected support area for wave (4), so wave (5) can be now in progress, especially if jumps back above channel resistance line and 7.3 bullish confirmation level. If that will be the case, then wave (5) has space towards 12-14 target area.
In Elliott wave theory, every impulse should be finished by a five-wave cycle.
BIGTIME/USDT: LONG SCALP SETUP! Low Risk, High Reward Setup!!Hey everyone!
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BIGTIME looks promising right now. It’s forming a symmetrical triangle on the 4-hour time frame and is currently hovering near the lower trend line of the triangle. Additionally, there’s support at the 100 MA, which strengthens the bullish outlook. Consider going long here and adding more on any dips.
Entry: Current Market Price (CMP) and add more up to $0.129
Targets:
$0.149
$0.168
$0.185
$0.204
Stop Loss (SL): $0.122
Leverage: 5x
Risk/Reward Ratio: 1:6
What are your thoughts on BIGTIME's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
DXY H8 - Long SignalDXY H8
There isn't too much to report on here for the likes of the dollar index, we have seen a bullish start to the week so far which was as expected, but we are still very much in the same range which trades between 100.200 price and 101.000 price, we really need to see a break north of this 101 level.
A break of 101.000 price, and subsequent surge towards 101.800 to 102.000 price is the next goal. Good start to the week thus far. Lets see if we can start to see these setups we have been following unfold a little more in our favour!
SAGAUSDT – Reverse Head & Shoulders Eyeing $4.45 TargetSAGA’s reverse head and shoulders pattern is nearing completion, but the breakout hasn’t quite occurred yet. Based on the measured move of the pattern and aligning it with the Fib 3.618 extension, the target price after a confirmed breakout is around $4.45.
We’re currently seeing the price consolidate below the neckline, and if the breakout confirms, we could see a rapid move to the 1.618 Fib at $3.24, followed by the 2.618 Fib at $3.84. The ultimate target, based on the head and shoulders measured move, is the Fib 3.618 extension at $4.45, a significant bullish projection.
However, keep an eye on the RSI and RSI Divergence Indicator, which are showing early signs of bearish divergence. This could mean that, even with a breakout, the price might face some turbulence, potentially pulling back to $2.50 for a retest before moving higher.
In summary: If SAGA breaks out of the reverse head and shoulders pattern, the final target could be as high as $4.45. First, though, it needs to confirm the breakout by pushing through the neckline. Watch the Fib levels and be cautious of the divergence signals showing on the RSI.
Disclaimer: Trading is like surfing—fun, but you might wipe out. This isn’t professional advice—always do your own research and consult a pro before diving in!
GOLD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
GOLD is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of 2,666.483.
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NZD/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
NZD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.533 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
AUD/CHF BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
AUD/CHF is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a beautiful trend following opportunity for a long trade from the support line below towards the supply level of 0.581.
✅LIKE AND COMMENT MY IDEAS✅
30/09/24 Weekly outlookFollowing a very important week in the macro economic landscape, a round of rate cuts that signals a pivot in how governments are tackling their economies, bitcoin saw a surge from the start of the week right through until the end of the traditional trading week on Friday. Up +6.3%.
Last week Bitcoin spot ETFs had a net inflow of US$1.11 billion, and Ethereum spot ETFs had a net inflow of $84.51m. Bitcoin is clearly still favoured by the larger institutional investors, at least for now they are.
This week should be a semi-turbulent week given the forces at play, we've seen the larger economic environment flip to a more risk-on one with the event of a 50bps rate cut starting a period of QE, however, it is also the month end & quarter end. This is a time for "window dressing" the balance sheet and is negative to market liquidity. With banks making their balance sheet risk assessments at the very end of the quarter a shift from holding riskier assets to safer/high quality assets is made and therefor an assets like BTC will fall victim to this.
We are seeing the effects of that at time of writing, BTC has fallen -2.7% today and this window dressing is definitely a contributor to it, albeit a potentially temporary measure and on the 1st OCT that pressure should be relieved. Given the broader market environment, by the end of the week this loss should be recovered and some, IMO any dip is for buying in all of Q4, everything has set up nicely for a strong finish to the end of the year!
BTC - My cute prices predictions for 2025BTC touched 0.786 fib extension, next stop would be 80K after breakout
I set the limit date to 29 of September 2025 as it was the numbers of days of the whole last bull run 2019 to 2021, so don't take it as a fixed date. It could also do the same as this year and top in April 2025 !
Purple trendines are supports from the past bull run, that can act as resistances now, there are 2 different lines because I'm not sure if I have to consider Mars 2020 Covid mini-crash or not.
Here is the plan :
I set 3 targets depending on the momentum we have
In my opinion, without critical failure we will reach at least the red circle.
I will consider we go to the higher station if we break the price target before April or between July & September.
Note that at the last bull run, BTC topped at 69k, 3.272 fib extensions
- red path : between 120 000 & 144 000, 1.618 & 2 fib extensions
Sadly, to me it's most likely we end there, there's too many resistances here in the same area, but its also means we fly to the orange circle very easily if we break those.
But to me staying at the bottom of the channel I drew would be kinda strange so IMO I would say we can go to orange circle
- orange path : between 225 000 & 250 000, 3.272 & 3.618 fib
we touch 120k in April, its also the middle of the parallel channel, then we hit the top of the channel at least 3.272 fib. As I already stated it, it was the top from the last bull run
- green path : Between 315 000 & 340 000, 4.618 fib
at the other purple trend line level
very unlikely, I think for this to happens we need to finish this year at 120k our first target
I will make another post end of year and will remove either the red or the green path depending on the price of the BTC
Vertifcal lines and blue arrows : Vertical lines at the beginning of the first 2 waves, BTC went up 245 days 2 times since end 2022,
I'm confident enough to cash out a bit in April, 245 days after the last low that occurred the 5 of august, and to try to catch it lower, as during this period BTC will go often -20-30%
Bonus : you also get my price target for when it's time to buy back, end summer 2026 we can wait BTC to go back a bit lower than the top of the last bull run, the orange horizontal line at 55555,55
Not a financial advice
Cheers and good luck
IMX Long Spot Position (Support After Breakout)Market Context: IMX is showing strong performance following a breakout and is currently sitting on support. The moving averages are trending upwards, indicating bullish momentum.
Trade Setup:
Entry: Enter a trade around $1.733.
Take Profit:
First target: $2
Second target: $2.5
Stop Loss: Below $1.5
⚡ This setup looks promising for a bullish move. #IMX #Crypto
Pegasystems (PEGA) AnalysisCompany Overview: Pegasystems NASDAQ:PEGA is strategically positioned to leverage the increasing demand for AI-powered customer service solutions. By incorporating advanced technologies such as natural language processing and chatbots, PEGA is enhancing user experiences and streamlining customer interactions.
Key Catalysts:
AI-Powered Solutions: The rising interest in AI technologies provides a significant opportunity for Pegasystems to grow its client base and expand its offerings in customer service automation.
Leadership Insights: CEO Alan Trefler emphasizes the company's commitment to innovation, which is expected to attract new clients and deepen existing relationships, driving revenue growth.
Financial Goals: Pegasystems aims to achieve the "Rule of 40" by 2024, balancing revenue growth with free cash flow margin. This metric is crucial for appealing to investors looking for sustainable growth and profitability.
Investment Outlook: Bullish Outlook: We are bullish on Pegasystems above $61.00-$62.00, reflecting confidence in its strategic initiatives and market potential. Upside Potential: Our target for PEGA is set at $84.00-$86.00, driven by expected growth in AI solutions and the successful implementation of financial goals.
🚀 PEGA—Pioneering AI in Customer Service. #AI #CustomerExperience #Pegasystems
Tencent Holdings (TCEHY) Analysis Company Overview: Tencent Holdings OTC:TCEHY is poised for growth as the regulatory environment in China becomes more favorable, particularly in the gaming sector. The resumption of gaming license approvals has revitalized the market, allowing Tencent to launch new titles that resonate with consumers.
Key Catalysts:
Regulatory Recovery: The easing of regulatory scrutiny around gaming licenses has set the stage for Tencent to reinvigorate its gaming portfolio.
Success of Dungeon & Fighter Mobile: The release of Dungeon & Fighter Mobile has been a standout success, generating $270 million in iOS revenue within the first 30 days. This performance highlights strong consumer demand and effective marketing strategies.
Future Revenue Potential: Analysts forecast that Dungeon & Fighter Mobile could generate between RMB 15-18 billion in 2024, positioning it as Tencent’s most commercially successful game in five years, which bodes well for the company's overall revenue growth.
Investment Outlook: Bullish Outlook: We are bullish on Tencent above $47.00-$48.00, reflecting confidence in its ability to capitalize on the resurgent gaming market. Upside Potential: Our target for TCEHY is $70.00-$72.00, driven by the anticipated success of new game launches and a healthier regulatory landscape.
🚀 TCEHY—Unlocking Growth in Gaming and Beyond. #Gaming #Tencent #MarketRecovery