BTC ANALYSIS🔮 #BTC Analysis 💰💰
🌟🚀In 8hr chart we can see a formation of "Rising Channel Pattern in #BTC. Right now we can see that there is an instant support level. We would see a pullback from support level.
🔖 Current Price: $96800
Target Price: $107500
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #BTC. 🚀💸
#BTC #Cryptocurrency #DYOR #PotentialBreakout
Longterm
POLYMATH has some very interesting long-term upsideThere's potential here for a long term break-out. It's looking like there's a huge upside potential if we can break free of this channel. Perhaps, we've on wave 2 of the highest degree of trend with wave 3 ready to burst through the upper trend line. The sooner it does, the more violent we will go to the upsde. Let's keep a close eye on it as the longer the projection, the more there is likely to change. In any case, huge potential upside here. Follow for more.
20% downside risk still persists MT ; Long term upside 100%- In the short term, NYSE:UBER price can go down to test $47 at 200 SMA on weekly timeframe.
- This will present a solid opportunity to buyer Uber at an attractive valuation.
Risks & Opportunities:
- Many investors are selling it because of AV i.e waymo & robotaxi by tesla.
- These AVs are not a risk for at least 3-5 years. On top of that, Uber is a global platform which allows one to use the same app in various countries.
- AVs are capital intensive and will eat up lot of capital from Google & Tesla. It is not scalable beyond US where there's huge population like Asia or where the roads aren't good, traffic signs are confusing. Therefore, there will always be a demand for rideshare with an actual driver.
- Rideshare with driver will always be cheaper to operate in countries where population is high & labour is cheap like south America, asia, south-east asia. It is capital light because car is of the cab driver whereas for AV, the car needs to be modified, infrastructure needs to be maintained, software updates, car maintainence etc can't compete with rideshare with human driver.
- Uber is a "verb" for ride hailing and can be used as a benchmark for right pricing as local taxi drivers might dupe tourists.
- CEO Dara is amazing and has turned Uber from a loss making company to a profit generating machine. His execution is top class.
- I remember when Uber & Lyft used to trade hand in hand till 2022. But Dara's execution proved Uber to be a rideshare winner.
- Uber should perform well even if we hit a recession because in a recession although there would be demand compression but the supply of drivers will increase ( gig economy ) so price paid to driver will decrease ( simple supply & demand ) which will lead to stabilization of margins.
- People ain't stopping to buy food from uber eats as they are too lazy to cook and won't stop taking rides if they have to go from A to B. Plus, in a recession, people are likely to invest less in buying new car which can be seen from cooling down of auto industry despite several rate cuts.
Disclaimer:
- I'm nibbling Uber as it goes down and want to build this as my biggest position for a safe & asymmetrical returns of 60-100%+
PIXEL/USDT Long Opportunity!NGM:PIXEL
USDT Long Setup
PIXEL is currently retesting a significant support zone marked by the green box and aligning with key levels such as the Fib retracement and the moving averages (MA). The price action shows a correction after hitting the $0.3067 high, but bullish momentum may resume if the support holds.
Entry Range: CMP TO $0.2
Targets:
T1: $0.2580
T2: $0.3067
T3: $0.4783
Stop Loss (SL): $0.183
DYOR, NFA
#XRP Breakout Alert! CRYPTOCAP:XRP USDT Long Setup:
Pattern: XRP has broken out of a descending channel, signaling potential bullish momentum. The breakout suggests a move toward higher resistance levels, with a strong target based on the measured move.
Entry Range: Current price ($2.4010), with accumulation possible in the $2.3500 to $2.4500 range.
Targets:
T1: $2.5477
T2: $3.0000
T3: $4.0000
Stop Loss (SL): For risk management, place a stop loss below the breakout level and recent support at $2.2000.
ETH/USDT Long-TermHello everyone, I invite you to review the ETH/USD chart taking into account the interval of one weekend.
We can observe how the price is struggling to maintain the level of the downward trend line marked in blue.
Moreover, we can see how the price is currently fighting in a strong resistance zone from $3,677 to $4,087, we can see how the upper border of the zone has rejected the price, only when it manages to break out of it positively, the price will move towards the second very strong zone from $4,864 to $5,305 .
When the current resistance zone completely rejects the price and strong declines begin, support is visible at $3,336, then there is support at $2,889, and then a strong support zone is visible from $2,498 to $2,116.
POL/USD 1W !Hello everyone, I invite you to review the POL/USD chart taking into account the interval of one weekend.
As we can see, the price has been moving in a downtrend channel for a long time, where there is still room for price increases.
Additionally, it is worth mentioning that a positive upward exit from the channel may result in a strong increase close to the channel height around $1,89. However, before this happens, the price must overcome the strong resistance zone from $0.78 to $0.91, and then the resistance at $1.09 near the upper border of the channel, which will open the way towards strong resistance levels at $1.58 and then $2.38. Currently, we can see the price staying above the support at $0.59 and further protected by a strong support zone from $0.47 to $0.28.
XRP - History Repeating Itself... Again!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📔I find the OKX:XRPUSDT 4H chart interesting.
Previous post:
Do you notice a pattern here?
is XRP doing again?
🔄 If history will repeat itself, a break above the green zone around $2.7 is needed to signal the start of the next bullish movement.
🎯Once the setup is activated, $3 will be the short-term target, and then $5.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
UNH Bounce - Don't Miss Out On This 15% OpportunityNYSE:UNH dropped after the tragic death of UnitedHealthcare CEO (not UNH Group CEO) as well as public backlash. Nevertheless, as always in such situation, this has nothing to do with the stock itself. As price action traders we do not trade political or news events since those drops have an unimportant impact mid- to long-term.
UNH now sits on the support zone at around $550 which was previous resistance. We also filled the daily gap at around $568 completely. We touched the 0.236 Fib from the $273 bottom (from 2020) and the RSI is nearly oversold on the daily. This gives us a got chance for a bounce from this zone up to $600 - $620.
Support Levels:
$550
$528
Target/Resistance Levels:
$600
$622-628
TSLA on the go...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 After rejecting the $200 round number zone and breaking above the red channel, TSLA's momentum shifted from bearish to bullish.
Currently, TSLA is in a correction phase and approaching the green demand zone and round number $300.
📚 As per my trading style:
As #TESLA approaches the $300 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
MANTA Breaking Out: On Track for $10 and Beyond!OMXHEX:MANTA USDT: Long Position 🚀
MANTA is breaking out from a falling wedge pattern, a classic bullish reversal setup. The price has recently breached the key resistance trendline and is trading above the 100 MA, suggesting a strong upward momentum. If the breakout sustains, significant upside potential lies ahead as indicated in the chart.
📌 Entry Point: Current Market Price (CMP) around $0.80
📈 Additional Positions: Consider adding on retests near $0.74–$0.64 for a safer entry.
🎯 Targets:
$1.40
$1.90
$2.50
$3.20
$10.50 (Final Target)
⛔️ Stop Loss (SL): $0.64 to manage downside risk.
⚖️ Leverage Advice: Use leverage cautiously, between 2x and 5x, depending on your risk tolerance.
#Crypto
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.
Cardano With a Bright Bullrun!Hey Trader!
Cardano is trading within a descending channel, presenting a clear structure of lower highs and lower lows. While this pattern often leans bearish, there are signs of buyer activity, as evidenced by the repeated bounces off the lower trendline. This suggests that the market is at a pivotal moment, with the potential for a significant move in either direction.
The key resistance to watch is at $1.3269 . If ADA manages to break above this level and exit the descending channel with strong volume, it could signal the start of a bullish rally, potentially driving the price toward levels above $1.40 . Conversely, if the price fails to hold the current support at $1.0576 , a deeper drop toward $1.0378 could materialize, shifting the momentum decisively in favor of the bears.
The RSI indicator remains neutral, suggesting that the market is in a consolidation phase and building momentum for a breakout. Volume will be crucial in confirming the direction of the next move. With buyers stepping in to defend support and sellers maintaining pressure at resistance, this setup is nearing a critical decision point.
Stay alert for how ADA reacts around these levels—it could define the next major trend. What’s your take on ADA? Will it break upward or continue downward? Let me know in the comments!
XRP triangle - possible bullish outbreak!Hey Traders!
The XRP/USDT chart is forming a symmetrical triangle , signaling a period of consolidation before a potential breakout. Based on the current price action, the setup leans bullish , but there’s still a risk of a bearish breakdown that traders should keep an eye on.
The bullish case is supported by the fact that the triangle follows a strong upward trend, often a sign of continuation to the upside. Additionally, the price has been respecting higher lows, with solid support levels at $2.2500 and $2.2023 , suggesting consistent buying pressure. If the price manages to break above the key resistance at $2.8743 , it could pave the way for a move toward the all-time high at $2.9075 .
However, there’s a bearish risk to consider. If the price breaks below the lower support at $2.2023 , it could trigger a downward move targeting the next support zone around $1.9629 , as indicated by the shaded region on the chart. A breakdown with high volume would confirm a bearish shift in momentum.
For now, the market is at a crossroads. Traders should watch for a breakout above resistance or a breakdown below support before taking action. Managing risk is key—placing stop-losses below $2.2023 can help protect against downside moves, while an entry on a confirmed breakout above resistance could capture the next leg up.
What’s your take on this setup? Are you leaning bullish or bearish? Let me know your thoughts! 🚀
Bullish Breakout: $GOAT Ready to Rally!MIL:GOAT Breakout of this falling wedge pattern and is currently retesting!
📈 Entry: Accumulate above $0.79
🎯 Targets:
Midterm: $1.40 (75% upside)
Long-term: $2.45 (200% upside)
🛡️ Stop-loss: $0.73
Available for both spot and futures trading. You can long it with proper risk management!
ABOUT MIL:GOAT
GOAT is a potential DeFi or Web3 project with significant technical momentum. The breakout of the wedge indicates bullish sentiment.
🚨 DYOR, NFA.
Crypto
$BIGTIME Breakout Alert!#BIGTIME has broken out of the inverse head & shoulders pattern and is currently retesting the neckline!
📈 Entry: Accumulate above $0.22
🎯 Targets:
Midterm: $0.40 (80% upside)
Long-term: $0.99 (300% upside)
🛡 Stop-loss: $0.18
Available for both spot and futures trading. Long with caution and proper risk management!
ABOUT $BIGTIME
Big Time is an action RPG combining fast-paced gameplay with a Web3 economy. Its seamless integration of blockchain elements ensures broad accessibility and entertainment.
🚨 DYOR, NFA.
BNB macro analysis ⏰ binance coin 🪙Hello 👋 it's me your RAJ 🙂 professional trader ✨
This idea 💡
is completely my own analysis to explain situation _&_ market conditions of BINANCE coin 🪙
How this coin valid for long term 📌 including fud & news 🗞️ explained clearly 📌 #DYOR
Key 🗝️ points 👍
👉 here previous basic analysis on BINANCE:BNBUSDT clear observation chart 📉📈
👉 if highly impossible to break previous low 🔅 $183.4 🔅
👉 if low was broken 💔 😂 there was cme gap untill $35-50 so Max PPL think 💬
we will reach there 📌 it's highly impossible #IMO but if that happens I am ready with backup 💰
👉 I am not showing wyckoff theory in chart 📉📈 but I used it 👍 if any fud / bad news 🗞️ on
BINANCE:BNBUSD there will be spring bottom 🙂 $160 - $120 📌 i don't think it goes lower 😸 $100
👉 Don't compare this coin with $FTXUSD , binance coin will not reach $0 or below $40
👉 one most anticipated and active chain ⛓️ with more user's 🪙 BINANCE:BNBUSD binance coin 📍
👉 I belive in " CZ " and in his game 🎮 play ▶️ more than candles and other coins 😂
If he lose , everything in market going to lose 📌 bcs he bought those top 100 coins 🪙
👉 More points 👍 will be added in upcoming updates down 👇 this article 🧾 follow idea 💡
👀 Falling widge pattern
👀 5.5 year's trend 📈 line -> resistance will turn into support now 📌
👀 wyckoff theory 📍 1w time frame ⏰
👀 Completing bearish 🐻 wave 🔠 ( a , b , c , d & e )
👀 Oder block + high supply zone at $560 - $600
👆 so far found technical analysis #TA on BINANCE coin 🪙 BINANCE:BNBUSD
Here my accumulation phase 📍 BUYING 80% LIQUID 💰 + 20% backup liquid 💰
Phase 1 -> $200 - $180 ( 40% - 200/180 )
Phase 2 -> $120 - $150 ( 40% - 120/150 )
Here my distribution zone 📌 SELLING
🎯 :: 400
🎯 :: 560
🎯 :: 1100
🎯 :: 1500
Actually I am expecting even more 😅 but i will update you based on bottom 😉
▶️ TQ u for supporting 💚 follow idea 💡 get updates everytime ⏰ when I updated 📌
Note 👀
👉 keeping comments , reacting with emojis , pointing us is very easy to some people
They think 💬 what they see 📌 that was knowledge 📌
We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important
Economical conditions
Fundamentals
Technical
News
Sentiments
Checking macro to micro having good plan and build it is very important ☺️
Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛
I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post
Try to understand, try to learn - try to move with flexibility with market is important
Have good day 😊
🧵👉
Will ROSE Break the 0.85 Support or Continue Its Bullish Move?Hey there, ✌By analyzing the daily chart of BINANCE:ROSEUSDT , we see that the price has had a significant upward movement from the 0.060 level, which led to breaking the supply zone. As shown in the chart, after breaking the supply zone, the price entered a range after reaching 0.090 and has now returned to the breakout level, which has turned from resistance into support.
If the price stabilizes above 0.085, I expect it to move towards the target range of 0.10 (descending orderblock zone) and eventually reach the supply zone between 0.11500 and 0.11800. To understand the next movement, we need to observe how the price reacts at these levels.
💡 Keep in mind, this is just my personal perspective and shouldn't be considered as financial advice. I’d love to hear your thoughts and engage in a discussion!
Happy trading!✌😎
Feel free to reach out if you have any questions or need more clarification. I'm always here to assist!✌
If you want any further adjustments, just let me know!