Bullish Jump, Bullish Growth, Bullish Signals & Bullish AltcoinsThis is a great example of a strongly bullish chart. The low was in August and in December we get a higher low. Even if by one satoshi only a higher low is a higher low and works as a bullish signal. Technically speaking, it is a double-bottom but can be considered stronger because it reversed right before reaching the previous support level.
Let's keep it simple shall we?
It is going to grow a lot.
The second signal is the previous bullish wave. The long upper shadow on the 11-Nov. session shows that resistance has been removed. On the next bullish jump, we get a higher high. In this chart and in this case, this can mean 243% to 420% potential for profits. Long-term there can be more.
Thank you for reading.
Namaste.
Contains image
Early Still: 1,000%+ Potential (How To Pick The Top Performers) This is just like August 2024. In the sense that a major low has been hit for many Cryptocurrency pairs.
Back in August, the major low led to strong bullish action, on some pairs.
Now, in December, the major low hit recently signals the start of a new major bullish wave.
Just as it happened in August, many pairs grew strongly but others continued to consolidate (sideways).
Some pairs even moved lower and went on to produce a lower low rather than going up. That's why we have to be wise when choosing which pair to hold.
To spot the pairs that will grow just notice the volume and the chart structure.
Try and notice how high they went compared to their 2021 All-Time High. Those that produced only a very small bullish wave recently, these can move strong. Those that produced major growth and new ATHs, these can either go sideways or crash all-together.
So the energy is moving to those that are yet to shine, which is normal. The market moves in groups.
First one group, then another one and so on. This process will go on for years... Until the entire market is 10-20 levels higher up.
Those that already grew strong, trading high/near resistance, from these, stay away.
Those that are low and produced little grew, these might be better to buy for this bullish wave.
Being low is not the only requirement to choose a pair. You can look for a break above local resistance, trading above certain moving averages, volume and how the pair performed in the past. You can also use your intuition to make the right choice because sometimes a pair is about to move strongly but the chart looks bad.
To engage your intuition, just see if you get any reaction when you browse through a list of pairs. If there is some sort of feeling, a mental impression or familiarity with a pair that is doing nothing, it might mean it will do something in the future. This part should only be used once you are really advance at spotting the signals.
If you can pick the bottomed out ones successfully, then you can try to improve by adding the intuitive aspect. If not, keep practicing on the basics.
On this chart, we have the rounded bottom and recent higher low. The oscillators show a strong, long-term bullish divergence. On the daily timeframe we should see a break above several important EMAs, etc. And again, volume of course for confirmation.
By the way, I already did it for you... Here is another one.
Thank you for reading.
Namaste.
Bullish Bias Confirmed —Marketwide Bullish AltcoinsStratis (STRAXBTC) is producing the highest volume ever today to break above resistance. The action we are seeing now on this pair is also the strongest bullish action ever. This can be translated as the start of a major bullish wave, which means that there will be additional growth. This is awesome.
I am seeing some of the major Altcoins going down today and some of the minor Altcoins going up. This means that money is flowing from the big ones to the small ones; this means that the Altcoins market, the small and medium-sized ones, is about to experience a massive run. This is all better than great.
We can assume that the giants will continue to consolidate, move sideways, while the smaller ones grow. Remember, the market is set to consolidate but with tens of thousands of Altcoins, some can grow will others don't.
Choose wisely.
Thanks many for your insistent support.
Namaste.
S&P 500 Bullish Outlook Pending Sustained Break Above 1M PPHello,
VANTAGE:SP500 has closed above the 1-month pivot point, signaling potential for further upside, even though sellers are currently exerting strong pressure. What we need now is a sustained position above the 1-month pivot point, and if that occurs, we could be in for a significant move upward!
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$BTC - Crucial Level We got a nice absorption into 92k, price rebounded with bullish flows in equities this brought back the passive buyer behind price.
So far, we're holding 96k during the weekend, however, weekly close will be a tell-tell as we need to get above m_rvwap
We're now rejecting at 98.5k and if we can't get above our m_rvwap , higher chance we'll slow bleed until 88k to 86k.
98.5k is a crucial level to reclaim in the short term, else, will consider this as bearish retest.
XRPUSD: Key Support Levels in FocusHello,
BITSTAMP:XRPUSD has performed better than anticipated, but a downside move towards the 1M PP remains likely. However, if the 1W support structure holds firm, it could signal confirmation for potential further upside.
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AUDUSD: Price at Extreme Zone – Awaiting ReactionWelcome back! Let me know your thoughts in the comments!
** AUDUSD Analysis !
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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DASHUSD: Bearish Outlook Below 1M PPHello,
COINBASE:DASHUSD has encountered support at the 1M PP and recently faced rejection at the 1Y PP. If the price breaks below the 1M PP and sustains below it, a further downside movement is likely.
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BCHUSD: Key Level for Bullish MomentumHello,
COINBASE:BCHUSD has experienced a notable drop, but for further upward momentum, it’s crucial to see a cross and sustained hold above the 1M Pivot Point (PP), with the price maintaining a stable position above this level. If this occurs, further upside potential is likely. Despite the recent decline, the long-term outlook remains bullish. However, a significant number of sellers are entering the market, speculating that the downtrend may persist.
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ETH/USD Holds 1M Pivot, Retest LikelyHello,
BITSTAMP:ETHUSD has respected the 1-month pivot point, which has served as a strong support level. As long as the price remains above this level, further upside is likely. However, it appears that this support might be tested again soon!
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BTC/USD Tests Support Amid Downside PressureHello,
BITSTAMP:BTCUSD has closed below the 1W/1D Pivot Point (PP), signaling potential for further downside movement. However, the 1M support structure has held firm, causing the price to rebound sharply. For confirmation of continued downside, the price must breach and close below the 1D strong support at 93367.875. If this level holds, there could still be potential for a bullish reversal.
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NZDJPY Upside Momentum ContinuesHello,
OANDA:NZDJPY has shown upward momentum, which is likely to continue as long as the price remains above the 1W/1D pivot points. In the long term, this pair is still considered a buy.
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#BTC Complex Consolidation Phase📊#BTC Complex Consolidation Phase📊
🧠It's the weekend again. It's easy to go out of complex consolidation when the market volume decreases. The overall market sentiment is still on the pessimistic side. We fell back after reaching the resistance zone.
➡️From the perspective of the market cycle, the previous downward trend is likely to end, because the downward trend line has been broken. The end of the downward trend does not mean that there will be no decline. It may also evolve into a larger downward trend. If we want to reverse this downward trend, then we need to build a long structure in the support zone. This is an expectation and requires enough patience.
➡️Since the support zone is below, we may also go out of the horizontal complex consolidation. If this scenario occurs, then we can enter the long trade after the price is squeezed to the limit.
Let's see👀
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BITGET:BTCUSDT.P
EURGBP Massive Short! SELL!
My dear subscribers,
This is my opinion on the EURGBP next move:
The instrument tests an important psychological level 0.8308
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.8277
My Stop Loss - 0.8325
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK