EURAUD SHORTThis is my projection euraud, too many confluence in the market so I have marked price that there will be aggression for buyers but lets how tomorrow report will drive the market.
Bullishpattern
Unleash the power of Ethereum in 2024COINBASE:ETHUSD Ethereum stands tall as a beacon of innovation, and its future in 2024 looks brighter than ever!
With a strong foundation built on the groundbreaking achievements of 2022 and the ever-growing support of the crypto community, Ethereum is poised to make a remarkable comeback in the coming year.
One of the key drivers of Ethereum's bullish thesis for 2024 is the upcoming network upgrade, EIP-4844, which promises to bring significant improvements in transaction speeds and costs. This upgrade is expected to take place during the first half of 2024, and it could be the catalyst that propels Ethereum to new heights.
Moreover, the recent shift in market sentiment towards Ethereum, as evidenced by the growing number of institutional investors and the potential for a spot Ethereum ETF, further strengthens its bullish case. As more investors recognize the unique utility of the Ethereum blockchain for dApp developers, NFTs, and DeFi applications, the demand for ETH is likely to surge.
In addition, the deflationary nature of Ethereum, which was first observed in 2023, is expected to continue in 2024. This deflationary pressure, coupled with the growing adoption of DeFi and NFTs on the Ethereum network, will likely result in increased utility and demand for ETH.
Furthermore, the technical analysis of Ethereum's price action in 2024 reveals a bullish pattern, with the formation of an ascending triangle and a triple top. These patterns suggest that a breakout to the upside is imminent, and the price of ETH could reach new all-time highs in the coming year.
#ETH #BTC
Tomorrow news paper strategy The RSI trend line has been broken in the weekly time frame, Ethereum will soon be positive for consecutive weeks, don't be greedy!
BITCOIN|A correction and continuation of the BULLISH trendAfter reaching the 4H resistance zone, Bitcoin experienced a sharp drop.
In my opinion, this was a movement to correct the trend, and according to the previous analysis, we can hope for the continuation of the upward trend.
Continuing the movement of the new resistance area of 45100 and 46450 are still Bitcoin's targets for the future.
$SAND - EXPLORING A 5X UPSWINGSAND has broken out of the weekly downward trend, with a big growth opportunity ahead in the next period!
Potential 5x
Targets:
0.7 $
1.3 $
2.6 $
BINANCE:SANDUSDT
CRYPTOCAP:TOTAL2
! Not an advice - DYOR !
A perfect example of an Ascending Triangle breakout on the dailyHere we can see NVDA just poked out of this perfect Ascending triangle which aligns with the hourly Cup and handle that we have been tracking. Currently no ceiling in place, and the next demand zone sitting down at the $482-$475 range, which would be my next target if this does decide to break back down. On the flipside, looking like another another Bull flag forming on the 15, would def keep an eye on that.
BTC/USD Bullish movementHello Crypto Enthusiasts,
🚀 Exciting news! Master Chef is back in the kitchen, ready to serve up some piping hot hypotheses on crypto tokens, including potential meme tokens for us all to feast our eyes on! 🍲 Today, let's delve into why BTC is set to soar to new heights.
1.) 📈 EMA Health Check: The 4-hour time frame EMAs are looking fit and fabulous. Could this be the start of a glorious trend continuation? Let's explore!
2.) 🚀 Bullish Pennant Unveiled: Post-recent pump analysis reveals a promising bullish pennant formation. Buckle up for potential upward swings!
3.) 🌕 Bullish Moon Vibes: Riding the wave of a bullish moon cycle. The stars (and the moon) are aligning for a probable continuation of the upward trend.
Hold on to your seats, as my next post and surprise live video session won't just be about the crypto classics. I've got my eyes on a mysterious meme token that has captured my interest. 🕵️♂️
Tap that ❤️ and hit the share button if you're hungry for more insights and want me to uncover a hidden gem in my upcoming posts.
Let's cook up some crypto magic together! 🔮✨ #CryptoMagic #BitcoinRising #HiddenGems 🚀🌙
10 Altcoins that are Holding the Line!Traders,
In anticipation of the BTC ETF approval, some altcoins have remained strong and are holding our trendline. I have picked out a few for you to watch if you are so inclined.
MOMO LongI don't usually post trade setups that include eliott waves, however this one is really captivating.
MOMO completed a 5 wave Impulse from its low before recently completing an ABC correction where the second wave completed at a perfect bearish bat, and then the wave hit its measured move below the key support level. The correction waves bottomed out at a key level from history that coincides with the 0.618 fib retracement level from the low to high of the Impulse phase. This potentially signals a wave 2 completion of a larger 5 Wave Impulse up
One of the strongest setups we look for is a spring backtest, where an asset falls below a key level, before springing back above that key level and backtesting it as support. In this case we are yet to backtest it as support. However, we have sprung and are showing lots of bullish divergence, so within the community we have started to layer in from this level.
First target at a key resistance already gives us a 38% return against a potential 8% loss.
🚀Bitcoin (BTC): Maintaining Structure's TopBitcoin's daily candle closed above the pattern's top and experienced a volatile retest, but CRYPTOCAP:BTC is maintaining itself above the structure's top. As long as this holds, there is potential for renewed upside. 📈💹
#Bitcoin #Crypto
Head & Shoulder in Nifty 15minsHead and Shoulder pattern has formed in Nifty index on 15mins chart. Targets and SL are calculated. If we close above Target 2, 22000 is on the cards!
PS: I am long already. So, consider the bias.
EURAUD BUYEuraud is making higher highs and higher lows all acorss the board.
* I'm predicting Euraud to be making a new higher low
* lower timeframes 4hr to be exact has broken structure to the upside showing bullish pressure
last try againThis is the situation: we have a symmetrical triangle, but we are within an expanding wedge. If the triangle is completed, the price will no longer fall. However, if the price fails to reach 46K, then we could be witnessing a drop to 38K. It's worth noting that there was already a symmetrical triangle, and the fall destroyed it, confirming the existence of the expanding wedge.
$CAKE - SET FOR 10X GROWTHCAKE has broken out of the weekly downward trend, with a big growth opportunity ahead in the next period!
Potential 10x
Targets:
4,8 $
9,8 $
25,9 $
BINANCE:CAKEUSDT
CRYPTOCAP:TOTAL2
! Not an advice - DYOR !
BEYOND DROP N POPbeyond meat is dealing with a lot of internal things battling debt but based off of technical analysis it's due for a pop.
i'm currently holding calls out to 4/19/2024 no telling where it could go with volume but i can see it retesting $11.
Strong breakout in dharmaj corp gaurdVery strong breakout has been done in dharmaj corp now it is on life time high our prediction is it well go 15-18% up from this level
Buy it at 274-280
Target 300 325
Sl 260
🚀⤴️⤴️GOLD FULLBACK 2100)⏫️hello trader’s what do you think about gold)
gold fullbacks support levels 2047)
Gold if breakoutdown and this weekend looks better news CPI trader’s 2047) support levels and gold mowing fullback 2100)resistance levels)my position 2047) lounges 2100)
key levels 2080
key levels 2090
key levels 2100
Gold finished the year at $2,063 an ounce, climbing more than 13% in 2023 for its first annual gain in three years, and logging a new record high within the year mostly supported by expectations that the major central banks will start cutting interest rates early next year.
After implementing an aggressive rate-hiking cycle that started in early 2022, the US Federal Reserve is now expected to begin easing as soon as next March amid signs that inflation in the US is cooling.
Moreover, heightened geopolitical tensions in the Middle East and the prospect of a prolonged war in Gaza spurred safe-haven demand for gold.
another megaphoneLike in other actions, AMEX:SPY is no exception. I believe a megaphone has been created that will be looking to break its resistance to continue its upward trend
Don kill the messenger butLooks like MARA was creating a megaphone behind our backs, which makes perfect sense now that Bitcoin has formed a symmetrical triangle leading it to levels of FWB:48K , wait for mara $32 and then $35
IOTA IS LOADING UP BEFORE THE BREAK TOWARDS 0.60$-ALL SYSTEMS GOWe've discovered IOTA loading up for a massive move once it breaks the descending TrendLine that goes back to APRIL 2021.
IMAGINE breaking this after nearly 3 YEARS OLD, this is going to be explosive considering the status of the Crypto Market and the undervalued IOTA token.
Prepare your bags, this project is about to explode soon!!!
Target: 0.58$
ETHEREUM NAME SERVICE HEAD AND SHOULDERS PATTERN - 14.6$ TARGET!Upon analyzing the Ethereum Name Service (ENS) vs USDT, we've discovered an amazing Head and Shoulders Pattern in the Macro Overview that would take us arround 14$ , and can be extended towards 16$ .
These targets do also match the Fibbonaci 1.618 retracement from the highs on July to the lows of October.
This pattern is breaking at the moment and Backtesting the resistance as as support of 9.5$.
This is looking insane for a short term explosion!!!
Don't miss it out.
3 Vs 3 but waitI sold all my bitcoins last week, anticipating this moment. What we are witnessing here is a consolidation point. There are three structures that could drive the price down to 28K and three structures, including a well-formed bull flag, that could take us to 47K.
The intriguing aspect here is the presence of a symmetrical triangle that could cancel all the bearish structures, once again pushing up the price.
catalyst events:
Delayed bitcoin ETFs
Released Bitcoin ETFs
MFSL: Chart Looks PromisingTECHNICALS
1. Above 200 Moving Average
2. Long Trendline Break and sustain
3. Resistance Breakout and Retest
4. Hammer pattern at the retest
FUNDAMENTALS
1. Profits increasing every year
2. FIIs & DIIs Increased holdings June Quarter
3. Fundamental score of 8/9
