Tesla needs to hold 208.98 floorIf Tesla pulls back to 208.98 and holds I would be long for potential rally with earnings coming up.
Below 208.98 196.54 would be my first target.
Bullish Patterns
AVAX road to $99AVAX appears to be unfolding in a leading diagonal pattern, with a final push in the minor wave 5 still to come. Afterward, we’ll need to watch for a potential retracement in wave 2 of the minor degree.
Once this correction completes, the price could enter a parabolic phase, with powerful bullish candles driving it upward, potentially reaching the $99 target.
Uber (UBER): Missed the Rally? Here comes new opportunitiesIt's been a while since we last looked at Uber, and the stock has moved perfectly since then. Uber reacted exactly as expected to our desired area, but unfortunately, we didn’t buy any shares at the time. If you did, congratulations – this position is now up 60.8%!
Shares of rideshare companies Uber Technologies and Lyft surged on Friday, following Tesla's underwhelming Robotaxi reveal. Uber has shifted its focus away from developing autonomous vehicles and is instead concentrating on expanding its marketplace for riders and drivers. This shift has created a robust network effect, making it increasingly difficult for competitors to match Uber's scale, according to a recent report by Business Insider.
Uber’s asset-light business model, which doesn't involve owning or maintaining vehicles, has been financially successful, generating $1.7 billion in free cash flow in the second quarter. Now, Uber has reached a new all-time high, and if we look back at the chart, it's easy to see a clear and powerful pattern. After entering our desired area, Uber made a sharp V-shaped correction, followed by a key level retest. In a short period, NYSE:UBER turned bullish, marking a complete turnaround.
We will be closely watching Uber Technologies' upcoming earnings report, scheduled for October 31, 2024. After this event, we’ll update our chart and look for possible new opportunities.
SLF WYCKOFF WYCKOFF accumulation/distribution pattern on the SLF chart. Could this be the start of a reversal and a move up?? I think it could.
My reason is as a fresh new coin this is good for a Bullrun, little to no selling pressure as price rises due to no bag holders selling at break even from previous bull cycles.
A rounded bottom structure can provide a base for price to rally from, it proves a growing confidence from buyers, once the top of this mini range gets breached and accepted above it's a great breakout play.
ATH is at +156% from current price, and as I stated before there is little to no selling pressure on the way up either which will help this to grow quickly once it gets going. A project that is in its first Bullrun in price discovery is a great combination!
Buying OpportunityBreak and retest for Continuation Trade, Just wait for a Valid Retest with Conformation for Better Risk Management
BIGTIME/USDT: LOW RISK, HIGH REWARD TRADE SETUP!!Hey everyone!
If you're enjoying this analysis, please give it a thumbs up and follow!
BIGTIME is showing strong potential! It’s forming a descending triangle and has created a confirmed deviation. Currently, it’s bouncing off the lower trendline of the triangle, presenting a solid buying opportunity. Consider entering here and adding more on dips.
Entry range: CMP and accumulate up to $0.106
Targets: $0.121 / $0.132 / $0.149 / $0.175 / $0.20 / $0.222
Stop Loss (SL): $0.0965
Leverage: 2x - 4x
What do you think of BIGTIME's current price action? Are you spotting a bullish setup? Share your thoughts and analysis in the comments below!
AVAX ANALYSIS🔮 #AVAX Analysis
💲💲 As we can see that there is a formation of small descending channel in #AVAX. We would see few more bearish move and then a pullback.
💸Current Price -- $25.53
📈Target Price -- $29.00
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#AVAX #Cryptocurrency #Breakout #DYOR
BUY EURUSDWe are currently monitoring EURUSD for buying opportunities. Our targets are 1.10134 and stops are below 1.090000. We have entry at current price 1.09222. Use proper risk management.
$BTC Inverted Head and Shoulders - Max Pain is OverAlmost positive we’ve seen the bottom for Bitcoin at this stage in the game.
Inverted Head and Shoulders pattern on the daily.
CRYPTOCAP:BTC waiting for the Golden Cross and daily close above the major resistance trendline ~$68k
Everything we see from here on out is purely market manipulation, nothing more.
Galaxy Payroll GroupLooking like a possible break out as the company has been experiencing higher lows and a consistent climb with low volatility. I believe the stock can go to 20 dollars before it sees a pull back in price.
AR Long Position (Support Consolidation)Market Context: AR is consolidating at a major support zone, offering a good risk-to-reward opportunity for a long position as it holds these levels.
Trade Setup:
Entry: Between $17.50 - $19.50.
Take Profit:
First target: $24.00 - $26.60
Second target: $32.00 - $35.00
Stop Loss: Just below $16.50.
This trade focuses on the potential for a bounce from key support, with defined risk and reward levels. #AR #Altcoins #Crypto
USOIL Rallies, Tensions Rise, Could Price Soar More??Here I have TVC:USOIL on the Daily Chart!
Starting with Technical, we can see Price has formed a Double Bottom at a Support Area that's kept Price afloat for quite some years now, but was last visited and acted as Support for Price back in the Spring of 2023!
Price has Broke the Confirmation of Pattern @ $72.36 and is now Breaking the Local Falling Resistance from prior July & August 2024 Highs. Regardless, Price Action has Broken Structure and created Higher Highs and Lows, confirming Uptrend, starting with the Higher Low of the Double Bottom on Oct. 1!
- Currently we want to see this Bullish Rally continue Breaking Above the Falling Resistance and staying above the ( $71 - $72 ) Range that Price has been interacting with Signaling Bulls in fact are in control, then for a Test of the Break of Confirmation of Pattern and Test of the Break of Local Falling Resistance!
* Once successful, we will see Price rise to the next Falling Resistance created from the Highs of Sept. 2023 & Apr. 2024!
- Massive Bullish Volume enters on the 2nd Low of the Double Bottom on Oct. 1
- Price on RSI is Above 50 with the Break of the Confirmation of Pattern
Now Fundamental, the biggest factor that seems to be at play for TVC:USOIL is all the Geo-political confrontation stirring up. Not only is the Russia/Ukraine war still ongoing, the tensions between Israel/Iran are seeing massive implications across the board!
- Oct. 1 being the beginning of the Iran missile attacks on Israel www.tradingview.com
- Now worries arise that Iran's Oil Facilities may be in danger as a possible Retaliatory Israeli Strike Target! With Iran eyeing Israel's Energy Infrastructure, Power Plants, Refineries and Gas Fields!
www.tradingview.com
* Oct. 7th is the Year Anniversary to the Israel/Hamas conflict and suspicions arise that we could be looking at things intensifying further!
$PAYX with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NASDAQ:PAYX after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
$PEP with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NASDAQ:PEP after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 86.67%.
Gilead Sciences (GILD): First Take Profit in a High RangeGilead Sciences is now back trading at the high end of its range, and we’ve decided to take our first profit here. It’s crucial to respect range-bound trading, and there is a strong possibility of a pullback at this point. However, we don’t expect this pullback to reach the lower end of the range again but rather settle in the middle. If NASDAQ:GILD reclaims this range high, it could provide even more upside and new opportunities.
We are also raising our stop loss to $65.80 to lock in gains. Gilead serves as our "natural hedge" against broader risk-on market conditions, and with a 40% bounce from the range low at the same time the S&P 500 is hitting new all-time highs, it’s clear that Gilead can benefit as well.
We’re keeping a close eye on this stock, and if another opportunity arises, we’ll be ready to act.
EUR/GBP BULLS ARE STRONG HERE|LONG
Hello, Friends!
Previous week’s red candle means that for us the EUR/GBP pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 0.839.
✅LIKE AND COMMENT MY IDEAS✅
NZD/USD BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
NZD/USD pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.618 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✅
$AZO with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:AZO after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
$CTAS with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NASDAQ:CTAS after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 91.67%.
COTI Long Position (Support Consolidation)Market Context: COTI is consolidating within a key support zone, providing an opportunity to ladder into a long spot position. This offers a favorable risk-to-reward scenario for a potential upward move.
Trade Setup:
Entry: Between $0.091 - $0.107.
Take Profit:
First target: $0.13 - $0.15
Second target: $0.18 - $0.21
Stop Loss: Just below $0.085.
This setup looks to capitalize on the consolidation and potential bounce from support levels. #COTI #Altcoins #Crypto
LINK Long Position (Major Support Level)Market Context: Many altcoins, including LINK, have retraced to critical levels of support, presenting an opportunity for a long trade. LINK is positioned well for a potential bounce, providing a favorable risk-to-reward ratio.
Trade Setup:
Entry: Between $10.00 - $10.90.
Take Profit:
First target: $12.50 - $13.30
Second target: $14.50 - $15.50
Stop Loss: Just below $9.40.
This setup leverages the strong support zone and potential for a bullish recovery. #LINK #Altcoins #Crypto
GOLD SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
GOLD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 8H 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 2,663.314 area.
✅LIKE AND COMMENT MY IDEAS✅
GBP/USD BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are going long on the GBP/USD with the target of 1.310 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
