WRX USDT - TA Wedge patternProper wedge pattern on WRX USDT.
Levels shown are self explanatory.
Trade may be taken if the breakout happens with green candle. The minor change in target levels shall be accordingly.
Search in ideas for "USDT"
💡Don't miss the great buy opportunity in TRXUSDT @justinsuntronTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.03300).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound and the resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.52.
Take Profits:
TP1= @ 0.04850
TP2= @ 0.05450
TP3= @ 0.06440
TP4= @ 0.07300
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
WTC USDT Long PredictionNext stop may be 0.41-0.42 USDT. Let us see what will happen. It is not an investment advice.
Cup and Handle pattern for BTT/USDTNext stop may be 0.0006 USDT. Let us see what will happen. It is not an investment advice.
WRX/USDT at a crucial level. Crucial levels to watch out for WRX/usdt. Trendlines are self explanatory on the charts. I’m a bit bullish. A close above 0.16 will bring the much anticipated action in this alt
quick buy usdtry Hello guys i had find this setup in 1h timeframe which is taking a support at lower trendline we have a good buying opportunity when structure broken with below support sl and near trendline tg also before taking any trading decision plzz do your own analysis if you like my idea plzz like share and follow me for more thank you
A great opportunity to buy in Turkish Lira. keep your eye on it.Midterm forecast:
5.0000 is a major support, while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades, if the Midterm level 5.0000 is broken.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (5.9300 to 5.6450). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (5.9300)
Ending of entry zone (5.6450)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 88.
Take Profits:
TP1= @ 6.0000
TP2= @ 6.2100
TP3= @ 6.5600
TP4= @ 7.0000
TP5= @ 7.1200
TP6= Free
Previous Trade Setup:
We opened 4 BUY trade(s) @ 4.7302 based on 'Trough (Valley)' entry method at 2018.07.09.
Total Profit: 22017 pip
Closed trade(s): 5354 pip Profit
Open trade(s): 16663 pip Profit
Closed Profit:
TP1 @ 4.8035 touched at 2018.07.11 with 733 pip Profit.
TP2 @ 4.9225 touched at 2018.07.12 with 1923 pip Profit.
TP3 @ 5.0000 touched at 2018.08.01 with 2698 pip Profit.
733 + 1923 + 2698 = 5354 pip
Open Profit:
Profit for one trade is 6.3965(current price) - 4.7302(open price) = 16663 pip
1 trade(s) still open, therefore total profit for open trade(s) is 16663 x 1 = 16663 pip
#SOL/USDT Bullish Momentum: Eyes on the $250 Target#SOL/USDT Double Bottom Formation and $160 Support Retest: Eyes on $250 Target
In the recent price action of SOL/USDT, Solana has formed a classic double bottom pattern, signaling a potential bullish reversal. This pattern, often indicative of a shift from a downtrend to an uptrend, is characterized by two distinct lows at approximately the same level, forming a 'W' shape on the chart. The key support level at $160 has been successfully retested, further validating the double bottom formation and providing a strong foundation for a bullish move.
Technical Analysis Overview
Double Bottom Pattern: The double bottom pattern is a reliable bullish signal that occurs after a prolonged downtrend. It suggests that selling pressure is waning, and buyers are stepping in to drive the price higher. The two bottoms at around the same price level indicate strong support and the potential for a trend reversal.
$160 Support Retest: After forming the double bottom, SOL/USDT retested the crucial support level at $160. This retest confirmed the strength of this support level, as prices rebounded sharply after touching $160. Successful retests are often seen as confirmation signals, giving traders confidence in the new uptrend.
Bullish Momentum: Following the retest of $160, SOL/USDT has shown signs of bullish momentum. Key indicators such as increased trading volume, bullish candlestick patterns, and rising moving averages support the notion of a continued upward movement.
Price Targets
Immediate Target – $200: The first significant resistance level to watch is $200. Breaking above this psychological level could attract more buyers and further fuel the uptrend.
Major Target – $250: The primary target for this bullish scenario is $250. Reaching this level would represent a significant gain from current prices and align with the measured move from the double bottom pattern.
Risk Management
Stop Loss: It's essential to place a stop-loss order below the $160 support level to manage risk. If SOL/USDT falls back below this level, it could invalidate the bullish scenario and indicate further downside potential.
Monitor Volume: High trading volume on upward moves is a positive sign, whereas declining volume could suggest a weakening trend. Keeping an eye on volume trends will help validate the strength of the uptrend.
Conclusion
With the double bottom pattern in place and the successful retest of $160 support, SOL/USDT is well-positioned for a bullish run towards $250. Traders should monitor key resistance levels and volume trends to confirm the continuation of the uptrend. As always, proper risk management is crucial to navigate potential market volatility.
#FET.AI's Potential Retest: Will #FET/USDT Bounce Back?FET/USDT situation, focusing on the potential retest levels due to the formation of a bearish divergence.
#FET/USDT Analysis: Bearish Divergence Indicates Potential Retest Levels
#Bearish Divergence
Bearish divergence occurs when the price of an asset makes higher highs, but a technical indicator, such as the Relative Strength Index (RSI), makes lower highs. This discrepancy suggests that the bullish momentum is weakening, and a potential reversal or pullback could be imminent.
For FET/USDT, a bearish divergence has been identified on the daily chart. Despite Fetch.ai’s price reaching new highs, the RSI is not confirming this upward movement, indicating diminishing buying pressure.
#Potential Retest Levels
Given the bearish divergence, FET/USDT might retest certain key support levels:
1. **Retest Around $2.00**
- This level has previously acted as a significant support zone. If FET/USDT retraces, it is likely to find initial support around $2.00. If the price manages to hold at this level, it could lead to a temporary bounce or consolidation.
#Conclusion
#FET/USDT is currently showing signs of potential weakness with the formation of a bearish divergence. Traders should be prepared for a possible retest at the $2.00 level. Monitoring key technical indicators and market sentiment will be crucial for making informed trading decisions during this period. If the price successfully retests this level and shows signs of a rebound, it could signal a potential buying opportunity with the prospect of a significant rise.
#NEAR/USDT Set to Plunge? Key Factors to Watch#NEAR/USDT situation, focusing on the potential retest levels due to the formation of a bearish shark pattern:
#NEAR/USDT Analysis: Bearish Shark Pattern Indicates Potential Retest Levels
#Bearish Shark Pattern
The bearish shark pattern is a harmonic pattern that signals a potential reversal or correction in the price of an asset. This pattern consists of five points labeled as O, X, A, B, and C, and follows specific Fibonacci retracement and extension levels.
For #NEAR/USDT, the formation of a bearish shark pattern suggests that the price is likely to face resistance and could be due for a retest at lower support levels. This pattern, combined with other technical indicators, can help identify potential price targets for the retest.
### Potential Retest Levels
Given the bearish shark pattern, NEAR/USDT might retest certain key support levels:
1. **Scenario 1: Retest Around $8.50**
- This level has previously acted as a significant support and resistance zone. If NEAR/USDT retraces, it is likely to find initial support around $8.50. If the price holds at this level, it could lead to a temporary bounce or consolidation. However, if the bearish momentum persists, the price may continue to decline further.
2. **Scenario 2: Retest Around $7.40**
- If the $8.50 support level does not hold, the next critical support level to watch is around $7.40. This level has historical significance and could act as a stronger support. A retest at this level would be crucial in determining whether NEAR/USDT will stabilize or continue its downward trend.
#Conclusion
NEAR/USDT is currently showing signs of potential weakness with the formation of a bearish shark pattern. Traders should be prepared for possible retests at $8.50 and $7.40. Monitoring key technical indicators and market sentiment will be crucial for making informed trading decisions during this period.
#Ethereum Eyes Retest: #ETH/USDT Key Levels to Monitor#ETH/USDT situation, focusing on the potential retest levels due to decreasing volume and the formation of a bearish shark pattern:
#ETH/USDT Analysis: Decreasing Volume and Bearish Shark Pattern Indicate Potential Retest Levels
### Decreasing Volume
Volume is a crucial indicator of market strength. When the price of an asset rises while the trading volume decreases, it often suggests that the upward momentum is losing steam. In the case of ETH/USDT, the decreasing volume indicates that the buying pressure is weakening, which may limit the potential for reaching higher price targets.
### Bearish Shark Pattern
The bearish shark pattern is a harmonic pattern that signals a potential reversal or correction in the price of an asset. This pattern typically consists of five points labeled as O, X, A, B, and C, and follows specific Fibonacci retracement and extension levels.
For ETH/USDT, the formation of a bearish shark pattern suggests that the price is likely to face resistance and could be due for a retest at lower support levels. The bearish shark pattern, combined with the decreasing volume, strengthens the case for a potential pullback.
### Potential Retest Levels
Given these technical indicators, ETH/USDT might retest certain key support levels:
1. **Retest Around $3,030**
- This level has acted as a significant support in recent trading sessions. If Ethereum's price retraces, it is likely to find initial support around $3,030. If the price manages to hold at this level, we might see a temporary bounce or consolidation.
2. **Retest Around $3,025**
- If the $3,030 support level fails to hold, the next critical support level to watch is around $3,025. This level has historical significance and could act as a stronger support. A retest at this level would be crucial in determining whether ETH/USDT will stabilize or continue its downward trend.
#Conclusion
#ETH/USDT is currently showing signs of potential weakness with decreasing volume and the formation of a bearish shark pattern. Traders should be prepared for possible retests at $3,030 and $3,025. Monitoring key technical indicators and market sentiment will be crucial for making informed trading decisions during this period.
#LINK/USDT Faces Downward Pressure: High Plunge Risk#LINK/USDT situation, including the potential retest levels and technical indicators:
#LINK/USDT Analysis: Bearish Divergence and Decreasing Volume Suggest Potential Retest Levels
#Bearish Divergence
Bearish divergence occurs when the price of an asset continues to make higher highs, but a technical indicator, such as the Relative Strength Index (RSI), makes lower highs. This divergence indicates that the upward momentum is weakening and that a potential reversal or pullback could be imminent.
For #LINK/USDT, we have identified a clear bearish divergence on the daily chart. Despite Chainlink’s price increasing, the RSI is not following suit, signaling that the buying pressure is diminishing. This divergence is a strong indicator that the current uptrend might not be sustainable.
#Decreasing Volume
In addition to the bearish divergence, there is also a notable decrease in trading volume. Volume is a critical indicator of market strength, and a declining volume during an uptrend often suggests that the momentum is fading. This decrease in volume can indicate a lack of conviction among buyers, which may lead to a price decline.
#Potential Retest Levels
Given these technical indicators, it is likely that LINK/USDT might retest certain key support levels:
1. **Retest Around $15.20**
- This level has acted as a significant support in recent trading sessions. If Chainlink’s price retraces, it is likely to find initial support around $15.20. If the price manages to hold at this level, we might see a temporary bounce or consolidation.
2. **Retest Around $14.40**
- If the $15.20 support level fails to hold, the next critical support level to watch is around $14.40. This level has historical significance and could act as a stronger support. A retest at this level would be crucial in determining whether LINK/USDT will stabilize or continue its downward trend.
#Trading Strategies
- **Cautious Approach**: Given the bearish divergence and decreasing volume, traders might consider adopting a cautious approach, possibly reducing their positions or waiting for confirmation before entering new trades.
- **Stop-Loss Orders**: Setting stop-loss orders just below the identified support levels ($15.20 and $14.40) can help mitigate potential losses in the event of a further decline.
- **Watch for Confirmations**: Look for confirmations such as bullish reversal patterns or increasing volume at the support levels before considering long positions.
### Conclusion
LINK/USDT is currently showing signs of potential weakness with a clear bearish divergence and decreasing volume. Traders should be prepared for possible retests at $15.20 and $14.40. Monitoring key technical indicators and market sentiment will be crucial for making informed trading decisions during this period.
OP/USDT Technical Analysis - Potential Bullish Trend Ahead OP/USDT Technical Analysis - Potential Bullish Trend Ahead
The OP/USDT chart shows promising upward potential. Currently, NASDAQ:OP is holding at a key support zone near $2.10, with a potential retest and entry point around this level.
Resistance Levels: $2.94/$4.56/$6.64
High Risk Target: $10
Trade Setup: Enter near current support levels, targeting key resistance zones with a long-term bullish outlook.
Stay tuned for further updates.
HBAR/USDT now 855% up From our Entry HBAR/USDT Huge Profit Update 🚀
Big congratulations to everyone who followed Cryptopatel's CRYPTOCAP:HBAR analysis! 🎉
➡️ HBAR/USDT is now up 855% from our entry point!
➡️ Entry: $0.037 - $0.040
✅ Target 1: $0.083
✅ Target 2: $0.170
✅ Target 3: $0.252
✅ Target 4: $0.44 (almost reached!)
Now’s a good time to take 80% profit at this level.
If you started with $1000, it’s now worth $8500.
Let’s keep the momentum going. 🚀
VTHO/USDT Ready for Takeoff? Breakout Signals 500%+ Potential UpVTHO/USDT Ready for Takeoff? Breakout Signals 500%+ Potential Upside
Key Highlights:
1️⃣ Trendline Breakout:
The price has broken the descending trendline, indicating a potential shift from bearish to bullish momentum.
2️⃣ Entry Zone:
Ideal entry area: $0.0017 - $0.0022 (Green Zone on the chart).
This zone offers a low-risk opportunity for long-term positions.
3️⃣ Resistance/Targets: $0.0040/$0.0058/$0.015/$0.022/ATH
Technical Observations:
▪️ The historical downtrend has been broken, suggesting a bullish trend is forming.
▪️ The price is consolidating within the entry zone, which could provide a strong base for the next rally.
▪️ A confirmed breakout above $0.0058 may trigger a parabolic move.
Trading Plan & Risk Management:
1️⃣ Strategy:
▪️ Enter near the entry zone for a low-risk position.
▪️ Monitor price action near resistance levels.
▪️ Partial profit-taking at each resistance level is recommended.
2️⃣ Risk Management:
▪️ Place stop-loss below $0.0017 to minimize downside risk.
Outlook:
If the price sustains above the trendline breakout, VTHO/USDT could enter a bullish rally, targeting the key resistance levels.
CVC/USDT Bullish Chart AnalysisCVC/USDT Bullish Chart Analysis
Overview:
CVC/USDT is seeing strong volume, and I’m expecting a big upward move soon.
Entry Zone: $0.14 - $0.12
Key Point: If the triangle pattern breaks, we might see a target of $1 during this bull run. Keep an eye on the breakout point for confirmation.
Targets: $0.25/$0.39/$0.61/$1
Stop Loss: I will set a manual stop loss if the price falls below the triangle pattern.
Stay alert and trade safely!
Layer AI (LAI/USDT): A Bullish Chart Setup with Massive PotentiaLayer AI (LAI/USDT): A Bullish Chart Setup with Massive Potential
The Layer AI (LAI/USDT) chart is showing strong bullish signs, making it an exciting opportunity for traders and investors alike. After bouncing from a well-established support zone, the token appears primed for another significant upward move.
Why I’m Bullish on Layer AI
Historically, LAI has shown tremendous growth after bouncing from similar support levels. In its previous rally, the token surged an incredible 900% from its support zone. With the current setup, I’m expecting a potential 500% upside move from this level.
Key Trading Levels
Entry Zone: $0.015 - $0.013
Targets:
$0.021
$0.041
$0.085
$1
$2
Stop Loss: Below the support trend line
Technical Insight
The price is rebounding strongly from the support zone, a critical level that has historically triggered massive price surges. With market sentiment turning positive, this could be the beginning of a significant rally.
If Layer AI continues to follow this pattern, it could deliver substantial returns to traders who position themselves within the outlined entry zone. Stay tuned for updates as the price progresses toward these targets!
Disclaimer: This is not financial advice. Always do your own research before investing.