Saucer pattern presenting potential profit of +900% through PHB#PHB/USDT #Analysis
Description
---------------------------------------------------------------
+ PHB has formed a well-defined saucer pattern and has effectively broken out from the resistance level associated with this pattern.
+ This presents an opportune moment to enter the trade. I anticipate a significant price surge following this breakout.
+ I'm initiating my entry at the current price, leveraging 10x with only 0.25% of the capital allocated to this trade.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 1.8667
Stop Loss: 1.4259
------------------------------
Target 1: 2.1153
Target 2: 2.4014
Target 3: 2.8614
Target 4: 3.6370
------------------------------
Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-15x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Pattern
🔥 FTM Cup & Handle Break Out Confirmed!Around three weeks ago I made an analysis on FTM where I discussed the pending break out of the cup & handle pattern.
As seen on the chart, the pattern has been successfully confirmed and a break out is currently underway. FTM is now trading at it's highest point in 22 months.
2$ is the target for now. If BTC will soon break through 70k with confidence, we might move the profit target to 3.45$ or even 5$.
FTM is going to fly.
Xau/Usd Hello traders!
Gold in the 15m timeframe has entered the channel scheme. The price has reached the level of 2142.00. We see that we have a bullish trend. In my opinion, the pair Xau/Usd will test the level of 2152.50. Be careful! Don`t forget to look at the economic calendar!
Entry: 2125.00
SL: 2119.00
TP: 2152.50
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
🙏🏻🙏🏻🙏🏻
🔥 Bitcoin's New All-Time High Dump: Temporary Or Not?Two days ago I made an analysis on my expectation of Bitcoin's short-term price action, based on historical price action at the moment a new all-time high has been made.
My most likely scenario was a new ATH, followed by a dump towards the first yellow area of support. This has now occured, together with an hourly oversold reading on the RSI.
Experienced traders spotted an opportunity, and BTC rose over 13% in a matter of hours.
For now, my most likely scenario would be 1-2 weeks of consolidation between 60k and 69k. It seems like a small area on the chart, but it's still 15%. Alts could dump as much as 30% during a retest of the bottom yellow support, so be careful with leverage.
Keep in mind that a move towards the second support is still in the cards. Not very likely, but it's still a risk. Consequentially it would be an amazing area for long-term entries.
It's now a matter of exhausting the bears until there are no more sellers left. Once there are no more sellers left I expect a strong break out with high volume, which will be the start of a new era of price discovery.
ETH - 3500 => Make or Break ❗️Hello TradingView Family and Fellow Traders,
This is Richard, also known as theSignalyst.
📈 ETH has shown an overall bullish trend, trading within the rising broadening wedge pattern highlighted in red.
It's evident that ETH has been respecting significant round numbers, particularly the 500 marks.
Following its breakthrough above 3000, ETH traded higher to find resistance around 3500.
📈 To maintain control and drive prices higher towards 4000, the bulls require a daily candle close above 3550.
In parallel, ETH retests the lower bound of the wedge pattern, we will be seeking trend-following buy setups on lower timeframes.
📚 Always adhere to your trading plan, especially regarding entry points, risk management, and trade execution.
Wishing you all the best of luck!
Remember, All Strategies Are Effective When Properly Managed!
~Rich
NYCB Community Bank falls to support and rises LONGOn the 15 minute chart the price action reflects the rough time that NYCB has had. Apparently it had a good rally to finish the week due to reports of floods of new deposits . Down the road
it may be a problem if premium interest is being paid on the deposits. In the meanwhile, I
see NYCB as taking back half of the trend down and floating up gradually into the range of 7
or about 60% upside. This will be a volatile and risky trade but with good upside. I will set a
8% or ATR x 2 stop loss yielding a Reward to risk of about 7.
Eur/Usd LongTermHello traders!
As we can see, the Eur/Usd pair in the daily timeframe has entered the triangle pattern. My opinion is that if the price breaks the 1.0890 level, then we will have a buy movement at the 1.1050 level. Be careful! Don`t forget to look at the economic calendar!
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
🙏🏻🙏🏻🙏🏻
ETH Bearish Bat PatternI've identified a potential Bearish Bat Harmonic Pattern on the ETH/USD chart, signaling a potential reversal in the current uptrend. This pattern is formed by four price swings within the Fibonacci ratios. If the pattern completes as expected, we might see a reversal in the price of ETH/USD around the $3800 level.
🔥 WorldCoin [WLD] Bull-Flag SignalIn my last analysis I talked about the bullish channel that WLD was trading in. My anticipation was that WLD would break through the top resistance and make it's way to 10$.
After topping out around 9.25$, WLD has been reading sideways. With BTC trading exceptionally bullish, I expect WLD to break out of this pattern in the near future.
WLD can fly. I'm aiming at 20$ over the next few weeks. By keeping a very tight stop we can create a very good R/R of over 28 for this trade.
Epic Cup & Handle Loading ....
In my latest technical analysis of the BTCUSD (Perpetual Contract), I've identified a compelling 'Cup and Handle' pattern that signals a bullish trend on the horizon for Bitcoin. My chart showcases the formation with a well-defined 'cup' and a smaller 'handle', indicating a period of consolidation that could precede a significant upward breakout.
I've marked the 'Cup Depth' to emphasize the price range from which we've rebounded, and the volume profile to the right distinctly shows a dense cluster of trades at the 'retracement level', underscoring it as a robust support zone.
With a target box assertively set above the handle, I'm forecasting an ambitious price target in this cycle for Bitcoin (>$250K), reflecting my strong belief in the predictive power of this pattern.
Flying Saucer and +300% Profit 🛸#TWT/USDT #Analysis
Description
---------------------------------------------------------------
+ TWT has developed a promising saucer pattern, signaling a potential breakout from the resistance level. This breakout will pump the price of TWT
+ I plan to enter a LONG trade following the breakout, with my entry point set just above the resistance level at around 1.4.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: Above 1.400
Stop Loss: 1.2352
------------------------------
Target 1: 1.4486
Target 2: 1.5273
Target 3: 1.6385
Target 4: 1.7298
Target 5: 1.8287
------------------------------
Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
IGL will become multibagger after BreakoutIGL may give Huge Breakout !!
IGL is Making Hut pattern after an uptrend
Possibility of Breakout is huge because its a continuation pattern
We may see huge upside after breaking the resistance
If stock comes down we can see support is around 370-390 level
Breakout confirmation is above 480-500
Current price is around 450
Targets are around 900-950 level
Thanks !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
FIL - Next Target is 28$ ( +225% Profit Opportunity)#FIL/USDT #Analysis
Description
---------------------------------------------------------------
+ As depicted in the chart, FIL has developed a well-defined saucer pattern and has effectively surpassed the resistance level.
+ This unmistakably signals the imminent bullish phase for FIL.
+ I intend to enter a LONG trade at the current price, allocating 0.2% of the capital. The profit potential appears substantial from my analysis.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price:
Stop Loss:
------------------------------
Target 1: 9.16
Target 2: 9.8
Target 3: 11.11
Target 4: 13.52
Target 5: 16.24
Target 6: 20.34
Target 7: 28.22
------------------------------
Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
🔥 PEPE Inverse Head & Shoulders: Update!At the start of the month I made an analysis on PEPE where I discussed the inverse head & shoulders pattern that has formed. Risk-seeking traders could've made a killer-entry around the purple area for a decent +300%.
I think there's still more to this move. I'm looking at a 440 target for the next 1-2 weeks. Ideally paired with a neutral/bullish Bitcoin.
Be aware that the 440 all-time high area poses a risk to bulls, as it's a very strong resistance.
🔥 Bitcoin In Area Of DANGER: Macro Signal! 🚨In this analysis I want to take a look at one of my favorite personal indicators: Bitcoin Logarithmic Price Bands. You can find a detailed explanation of the indicator below.
In short, this indicator tries to predict future areas of extreme opportunity. Buy in the green and sell in the red. However, I also added a yellow band in the middle which surprisingly lined up very well with areas of historical resistance (purple circles) and support.
As of this week, Bitcoin has reached the yellow band for the first time within ~2 years. During two previous bull-cycles this area marked a mid-cycle top and caused a major reversal.
My view is still that we will make a new ATH in before the halving. However, that would mean that the price would still be within the yellow band. The top of the yellow band is currently placed at 77.000, so we still have a lot of room theoretically.
Now that the ETF is here it remains to be seen whether BTC will respect historical price bands. Nevertheless, it's without a question that BTC is entering a major area of resistance around the current all-time high of 69k.
Do you think we're going to see a new all-time high soon? Time for reversal? Share your thoughts 🙏
🔥 ARBITRUM Massive Bull-Flag Breaking Out!ARB has been consolidating inside a bull-flag since the start of 2024. With the altcoin market on fire at the moment, I expect ARB to continue the uptrend and break out in the near future.
Targets placed at the current ATH and 3$. This token could see very decent returns in the near future.
EICHER Motors is around Long term support Eicher Motors is around the medium term support !!
Stock has never broken support working from 2020
Log Chart support is working beautifully and has support around 3500-3600
On a Linear Chart stock has made 2 support and recently short term support working
Linear chart support is around 3480-3520 !!
Stock is Goof until support is intact !!
Thanks !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Is Bajaj Auto Going to crash ?Bajaj Auto is At All Time High !!
Stock is in a Rising Channel and Prices are around the resistance
Resistance level is around 8500-8600
Previously we can observe that prices showed correction around 40% from the Resistance of the Channel
So can we expect the same fall ??
Lets see !!
WE ARE ATLEAST NOT BULLISH AT THIS TIME !!
🔥 Bitcoin's FIRST EVER New All-Time High Before The Halving 🚀In my most recent BTC analysis I talked about the fact that my volatility depth indicator predicted a major move for Bitcoin, which would most likely be a bullish one.
Few days and +15% later, the indicator has yet again predicted a massive move for Bitcoin. We're currently only ~16% away from a new all-time high. In my view, we're going to make a new ATH before the halving in April.
The blue lines indicate the two major tops of the last bull cycle. This area will function as a major area of resistance. My expectation is that we will reach this area in the coming 1-2 weeks, but stay around that area for 2-4 weeks. Bulls have to prepare themselves and let major oscillators like the RSI cool off.
Do you think we're going to make a new ATH in the next 1-2 months? Share your thoughts 🙏
DYDX offers an impressive profit potential of +850%The BINANCE:DYDXUSDT pair is exhibiting a notable resurgence from its support zone, indicating a prevailing bullish sentiment. While a minor correction remains a possibility, its likelihood appears diminished. Nevertheless, it's prudent to maintain a Dollar-Cost Averaging (DCA) strategy, with a focus on a threshold of 2.0 in the event of a price reversal.
Should the current upward trajectory persist, the forthcoming resistance level is approximately $5.00.
Entry Price: Presently hovering around $2.79, with additional DCA consideration at $2.00.
Targets:
1. $3.50
2. $4.45
3. $8.56
4. $11.87
5. $14.76
6. $26.68
Stop Loss: $1.76
This trade presents a favorable opportunity, boasting significant profit potential.
Best regards,
SBILIFE ready to Free fall ??SBILIFE Is ready to Free fall ??
SBILIFE is in a Rising Channel and Channel is Working from March 2023
Stock is around the resistance of the Rising channel.
Resistance zone is coming around 1560-1580
Stock can fall till 1420-1430
Strong Support is around 1420-1430
That would be the Best Buying zone !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.