UPS - Delivering A Trend Continuation...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 UPS has been overall bullish long-term , trading above the orange trendline.
Currently, UPS is in a correction phase trading within the falling channel marked in black.
Moreover, the zone marked in blue is a strong demand zone and round number $100.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the demand zone and lower trendlines acting as non-horizontal support.
📚 As per my trading style:
As #UPS approaches the blue circle zone, 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
Bullish Patterns
ETH - Doing it AGAIN...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈ETH has been bullish trading within the rising channel in red.
Currently, ETH is rejecting the upper bound of the channel, so a bearish correction is expected.
Moreover, the green zone is a strong structure.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green structure and lower trendline acting as non-horizontal support.
📚 As per my trading style:
As #ETH 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
Emaar Egypt is positively bullishDaily chart,
The stock EGX:EMFD has been consolidating between 7.3 and 8.7 in sideways movement. The current technical indicators RSI and MACD are signalling a positive bullish direction.
After a resistance breakout and stabilizing above 8.7 for 2 days, the target will be 10.11
Consider keeping a near profit protection / stop loss level.
JASMY did 200% Within few daysSEED_DONKEYDAN_MARKET_CAP:JASMY Update: Strong Performance 🚀
▪️ Entry Zone: $0.020 ✅
▪️ Current High: $0.06 (+200% from entry)
▪️ Target: $0.1–$0.2 (as per prior chart analysis)
▪️ Support to Watch: $0.04
Key Advice:
1️⃣ Avoid full FOMO during bull markets—always make informed decisions.
2️⃣ Book partial profits when an altcoin 2x from your entry; holding profits is a safer strategy.
3️⃣ Fresh entries in heavily pumped coins are not recommended.
Stay focused, manage risks, and trade wisely.
NASDAQ, setup for 25k (20% potential)Hello everyone,
based on the major wave 3, we can make a projection to imagine where the global markets could form a major top. In my view we are entering the last stages of the bull run, with a potential of 20% gains to come. After reaching the top, a major bear market could start, but I don't expect the top to be in before at least Q1 of 2025.
What I also want to point out is that we are about to test the very significant last swing high from where wave 4 started. I should be a good zone to start buying again, as we are in a strong bullish trend. If you need confirmation observe this level closely.
GRASS/USDT 4H Analysis: Consolidation at Key LevelsOverview
The GRASS/USDT perpetual contract is currently trading at $2.875, showing consolidation around a critical Fibonacci retracement level. The market appears to be in a neutral-to-bearish phase, with potential for either a breakdown or a reversal depending on key supports and resistances.
Technical Highlights
1. Price Action
The price is hovering near the 0.786 Fibonacci level ($2.828), which aligns with a strong support zone.
There has been a rejection from the recent swing high of $3.534.
The previous significant support was Fib 1.618 ($2.080), where a strong bounce occurred, indicating a key demand zone.
2. Indicators
MACD (12, 26, 9):
The MACD line is slightly below the signal line (-0.0777 vs -0.0688), and the histogram is near neutral at -0.0089.
This suggests a weakening bearish momentum but no clear bullish crossover yet.
RSI:
The RSI is at 41.24, slightly above the oversold zone, but still below its MA (44.05), indicating bearish control.
3. Volume
3.58M in volume shows moderate activity. A breakout or breakdown will require a significant increase in trading volume for confirmation.
Support and Resistance Levels
Immediate Support:
$2.828 (Fib 0.786): A key level for the bulls to defend.
$2.635: A breakdown below this could lead to a retest of $2.080.
Immediate Resistance:
$3.192 (Fib 0.382): If broken, the price could target $3.534 (Fib 0).
Potential Scenarios
Bullish Scenario
If the price breaks above $3.00 with increasing volume, it could test $3.19 and potentially the recent high of $3.534.
A bullish divergence on RSI could strengthen this move.
Bearish Scenario
A drop below $2.828 could trigger further downside towards $2.635 or even $2.080.
If the MACD continues its bearish trajectory, further selling pressure is expected.
Trading Plan
Long Setup: Enter above $3.00 with a target at $3.19 and a stop-loss below $2.83.
Short Setup: Enter below $2.828, targeting $2.635, with a stop-loss at $2.90.
Conclusion
The market is at a pivotal point. Traders should wait for clear confirmations of direction through volume and indicator signals before entering positions. Keep an eye on macroeconomic factors and crypto market sentiment for additional context.
XRP Testing MomentumHey Trader!
This is a quick update, as it builds on one of my recent analysis.
As I have illustrated, XRP is moving within strong resistance levels, where there is a lot of liquidity from the recent triangle formation.
XRP is charging up the momentum to break these levels and head for the ≈$3 fib. target!
Alternatively XRP has to pull back to a support level before going up.
I am generally positive about the future for XRP.
I wish you a pleasant day!
USD/CHF BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are targeting the 0.888 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✅
NZD/USD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
Previous week’s red candle means that for us the NZD/USD 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 0.586.
✅LIKE AND COMMENT MY IDEAS✅
ARB Analysis Pump IT Looking at this chart, do not underestimate the potential of ARB. The price could reach its target much faster than expected, potentially even before the projected timeline of April 2025.
If it does reach this level ahead of schedule, you’ll be surprised by the price it achieves. Let’s just say it’s a double-digit figure, but I’ll keep the exact number to myself for now.
Stay tuned—this is going to be an exciting journey! 🚀
BNB/USDT: Weekly Breakout! Massive Rally Ahead – Are You Ready?🚀 Hey everyone! 👋
If you’re finding value in this analysis, don’t forget to smash that 👍 and hit follow for premium setups that actually deliver results! 💹
🔍 Technical Breakdown:
BNB is looking primed for a massive rally! 💥 Breaking out of a textbook inverse head and shoulders pattern on the weekly time frame, BNB is flashing a strong bullish signal. The retest looks solid, and the setup suggests significant upside potential from here. 🟢
📈 Entry Range: $675-$735
🎯 Targets:
1️⃣ $980
2️⃣ $1,370
3️⃣ $1,660
4️⃣ $2,280
❌ Stop Loss: $480
⚖️ Leverage: Use low leverage for a safer trade (max 5x).
💬 What’s your take on BNB’s breakout potential? Are you spotting the same bullish momentum, or do you see it playing out differently? Let’s discuss in the comments below! Share your thoughts and analysis, and let’s make the most of this opportunity together. 🚀💰
The current current state of ETH and BTC bull markets
As you see by the chart, we broke out of a descending trend recently for ETH and we had a tight ascending channel, which we now have broken out of again, likely ETH will make another really nice jump soon on the break out. This appears to be early on in the ETH break out where ETH appears to be lagging BTC by at least a couple of weeks.
We also see that BTC reversed a short term descending channel recently, broke out of it and that helped it surge past $100k with ease and now we are in an ascending channel that is a break out from BTC's prior ascending pattern.
BTC Chart
We also see that since ETH has started breaking out, it has really impacted the BTC dominance chart, BTC has lost over 5% of its market dominance in the last week or so.
BTC Dominance chart
Overall both of these seem real bullish. I dont actually hold or trade either one, though I came up on ETH, where I started buying ETH at .88 cents each. I dont trade them because the chances of either having 50%-100% gains in a day is pretty much impossible, even 20% is not likely they are just such large caps with so much order books and participation not to mention ETF impact. But there are a lot of cryptos that are running 20%, 50%, 100% every day. The thing is, if BTC/ETH are in bad health, it makes trading anything a risk because when they dump they effect the market. At the moment, it does not look as though BTC or ETH are staging anything that would cause any significant negative impact to alts other than if they run hard and thats where all the money goes.
for order books they both seem strong with positive trader sentiment though BTC had pulled back it appears to be building rapidly again.
Why hello there ETH, can we be friends?barring any black swan events - now that we have the new ETH release forthcoming, the bitcoin halving in the future, and the bear market behind us (fingers crossed?), this is the trend - we'll see some stops and volatility at the major support/resistances for trading.
I'll just be holding for the next year or two. Less stress!