BTCUSTD, market structure update: It is in Down trend and ranging market until Day Close above 99540 as shown.
This target is headed to 13 March 2025 and NASDAQ:ALTS to 13 April 2025. 1 month before of the previous cycle according to all of our researchings.
Trading idea - Entry point > 29.2/61.80% Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 29.2/61.80% Chart time frame: D A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: C A) Keep rising over 61.80% resistance B) 61.80% Resistance C) 61.80% Support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
SOLANA has been building a massive cup-and-handle pattern for over four years and has yet to break out. There was a small, false breakout after the November 5th election of President Donald Trump, but the pattern has not yet played out to its full potential. I believe that during the upcoming 'alt-coin' season, up until mid-2025, we will see SOL, at a minimum, 2X to 3X in value. On the extreme side, it could even rise as high as 10X. Either way, SOLANA holders will be more than satisfied, assuming there are no unpredictable events that could hinder SOL's inevitable rise through price discovery to new all-time highs. Good luck, and always use a stop loss!
Neutral to Bullish. Respects my MA's and yearly pivots. May see a little more downside to the YP and 200 MA, then recover in a Santa rally. OBV is just starting to head up. See what happens
My apologies I cannot reply to Direct messages just yet i have to connect my new phone to this TV account. Sorry in advance. I would like to see XRP break 1.98 to confirm the sell bias but as of now we are bullish and can only wait until price breaks 1.98 to confirm sell or 2.90 to continue the bullish trend.
Looking good for a recovery. Bounce from 200 SMA down near yearly pivot. OBV is on the rise again. Maybe the Santa rally is not over ;)
People can abbreviate this chart on solana dex or memes, Exactly following, expect a follow soon! Just HODL because you can and it doesnt charges you! ETH chain holds heavy MC, so sol dex needs a jig so try to focus on that.
https://www.tradingview.com/x/SEEEetns/ Last year I shared more than 1000 free swing and intraday trading signals for Forex, Gold, Silver, Oil, Crypto and Major Indexes. The majority of the setups were based on classic price action chart patterns. What I did through the trading year, I kept a record of each free signal that I posted: noting the winners, losers and the entry reason. In this article, I will share with you the most accurate and profitable patterns for trading by accuracy and winning rate. First, let me reveal the list of chart patterns that I traded this year: double top & double bottom, head & shoulders pattern, cup & handle, bullish and bearish flag, rising and falling wedge, horizontal channel, ascending, descending and symmetrical triangles. And I did not trade every pattern that I spotted. There were some specific criteria that I relied on to confirm the validity of the patterns. Keep reading and you will learn these criteria. Secondly, you can back test the performance of a trading setup and of each pattern that I shared on my official tradingview page by your own. Simply, use the filter to display the desired pattern. Tradingview does not allow removing the trading signal once it is posted, so all the results are 100% real. My TradingView Page - https://www.tradingview.com/u/VasilyTrader/ Thirdly, all the chart patterns that I trade strictly formed on key daily supports and resistances . I never trade the patterns beyond key levels. https://www.tradingview.com/chart/EURAUD/mzgoC1bu-EURAUD-Pullback-From-Resistance/ For example, the triangle chart pattern on an hourly time frame on EURAUD that I posted recently was formed on a key daily horizontal resistance. Please, note that the price action patterns alone that are formed far from strong supports and resistances will always have a lower winning rate. Also, I applied the chart patterns primarily for day trading and swing trading. The time frames that I used were daily/4h/1h. For scalping, the performance will be different. And the last thing that patterns in chart patterns trading is the direction of the market trend. The price action pattern that indicates a price movement against the trend will always have a lower accuracy than the one the aligns with the trend and give a trend following signal. https://www.tradingview.com/chart/LINKUSD/c83FIxcL-CHAINLINK-LINKUSD-Bullish-Move-After-Breakout/ In the trading setup above, I spotted not only a bullish price action pattern on an hourly time frame but also a strong bullish trend on a daily. Following all these criteria, here are the winning rates of chart patterns that I traded this year. Double top & double bottom pattern get 66% winning rate. https://www.tradingview.com/chart/SPX500/Radz1f6O-S-P500-INDEX-US500-Your-Trading-Plan-Explained/ That's the example of a perfect double bottom chart pattern for trading. Remember that the fact that the price formed a pattern does not provide a reliable signal, we trade only after a breakout of its neckline and a candle close beyond, that is our strong confirmation. Head & shoulders pattern and its inverted version get 69% winning rate. https://www.tradingview.com/chart/EURCAD/GkAFcZVv-EURCAD-Very-Bearish-Pattern/ You can find a valid head and shoulders pattern above. It was formed on a key daily resistance, and the trade was opened strictly after a violation of the neckline. Cup & handle pattern and its inverted version has 67% accuracy this year. https://www.tradingview.com/chart/DXY/uCRH04tu-Dollar-Index-DXY-More-Growth-is-Coming/ That's a very perfect cup and handle that the price formed on a key support. Confirmation is the violation of the horizontal neckline. Bullish and bearish flags get 62% accuracy. https://www.tradingview.com/chart/USDJPY/9zbxhiIW-USDJPY-Your-Trading-Plan-Explained/ Examine the perfect flag pattern on USDJPY. The market is bullish on a daily and trades within a rising channel. The price formed a bullish flag on an hourly, approaching its support. Our signal to buy is the violation of its upper trend line. Rising and falling wedges get 64% accuracy. https://www.tradingview.com/chart/LINKUSD/c83FIxcL-CHAINLINK-LINKUSD-Bullish-Move-After-Breakout/ The rising wedge that the price formed on the chart above perfectly aligns with the up trend on a daily. Horizontal channel - the range achieves 68% winning rate. https://www.tradingview.com/chart/GBPUSD/TuEeuvsS-GBPUSD-Classic-Breakout-Trade/ The horizontal range that the price formed after a breakout of a key daily support and its consequent test was broken to the downside, giving a reliable intraday confirmation signal. The accuracy of ascending and descending triangles gave correct signals in 67% of the trades. https://www.tradingview.com/chart/BTCUSD/9vfqaZUu-BITCOIN-BTCUSD-The-First-Buying-Opportunity/ We made a nice profit, buying Bitcoin after a breakout of a neckline of the ascending triangle pattern that was formed on a retest recently broken daily resistance that turned into support. Symmetrical triangle got 61% winning chance. https://www.tradingview.com/chart/AUDCHF/WnPcxL4R-AUDCHF-Time-For-Correctional-Movement/ The violation of a falling trend line of a symmetrical triangle after a test of a key daily support gave a strong intraday bullish signal. The best and the most accurate trading setups were based on a combination of multiple patterns. It is a situation, when the market forms 2 or even more the-same biased patterns. https://www.tradingview.com/chart/EURAUD/mzgoC1bu-EURAUD-Pullback-From-Resistance/ The trading setup above combines 2 bearish price action patterns on a key daily resistance: rising wedge pattern and descending triangle. Breakouts the trend line and neckline of both patterns gave very accurate bearish signal. Such setups have a winning chance above 70%. The one setup that gave almost 83% winning rate this year was based on a combination of a falling wedge pattern and a cup & handle pattern within. https://www.tradingview.com/chart/LINKUSD/c83FIxcL-CHAINLINK-LINKUSD-Bullish-Move-After-Breakout/ In that setup, you can find not only a falling wedge pattern and its resistance breakout but also a cup & handle pattern that formed within and its neckline violation as well. Always record the results and the entry criteria of your trades. It will help you to identify the most efficient entry signals and the worst ones. I hope that my observations will help you in the next trading year. ❤️Please, support my work with like, thank you!❤️
Now keep in mind, The -7.5k candle dream is still onnn :( but limit buys 94.5k for the next rally again, eitherways sniper entry happens on that point and shorts scalp can b done with stoplosses on the green box. eitherways expect whiplashes!