I have marked out an area which I believe holds significance as a potential area for the market to bottom. Buy limit and stops loss already set. It is no longer valid come Saturday the 18th of January. The trade targets $135k. The pink path is plan B where I would anticipate a deeper move down and plan to enter after momentum starts to the upside.
KNC/USDT Analysis - Potential Breakout Setup ? Hello TradingView Family! ? Here’s an exciting Kyber Network (KNC/USDT) trade setup I’ve been monitoring on the 1H timeframe: ? Pattern: A clear Cup and Handle formation is in play, hinting at a bullish breakout. ? Entry Zone: Positioned just as the price consolidates within the handle, aligning perfectly with a key support zone. ? Target: A potential upside of 17.4% with a target at $0.7058. ? Stop-Loss: Risk is tightly managed below $0.5685. ? Key Points to Watch: Price needs to break and hold above the upper trendline of the handle to confirm the breakout. Keep an eye on volume surges to validate the move! Let me know your thoughts on this setup! Are you trading KNC or watching other pairs? Share your insights below. ? Happy Trading! ?✨
Hello! This is my forecast for a few pairs that I have on watch.
gold has reached a 4H timeframe trendline and made a 5 wave structure up almost...there is only one and the last wave up which can last until 2680----2690 price area in the worst case...so sell it wid TP 2620 atleast and more down!!!!sl at 2691
In build up of the highly anticipated NFP release later today, we should see a rise on BTCUSD price. Bulls will possibly target 98300 before the end of today. Close at or around target because after this structure anything can happen
GBP/JPY 1 hour time frame as per fabnachi retercement
CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL BINANCE:BTCUSD BINANCE:ETHUSD Despite ALL the recent negativity due to the market's decline, the crypto market remains bullish ?. We witnessed the first part of the altseason in November, with significant gains on many coins. Now, it is normal to see a correction before the second phase of the altseason begins. ❓ Why is this correction happening This correction is a natural part of the altseason period. It allows: - Existing investors to take profits ?. - New investors to enter the market at more attractive prices ?. So, stop the drama! And focus on preparing your wallets for the next phase ?.
Placed a Regression line through available exchange history. Using the basis as a guide placed a Fib channel on to the Basis and extended it to the first peak. This correlated to the second third and fourth peaks Conclusion: Possibility price falls to the lowest channel line corresponding to the first low following a high
The market has put in a bear trap this week inside of a reaccumulation pattern. Get ready for a boom over the next few months.
Today session we got a bearish sign for silver market we should wait confirmation for tomorrow's session and we could go short Position