From the point where the red arrow is placed on the chart, the correction of COW has started. This correction appears to be a symmetrical pattern, and it now seems that we are at the end of wave H. The green zone is where wave I could potentially end, offering a low-risk area for entry. Targets are marked on the chart. A daily candle closing below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Firstly, i draw my psychological levels. we wait to see 4hrs engulfing candle break above the psychological level. then we wait to see price come to a fair value gap using 30 mins time frame. with a confirmation entry on 5mins which is a market structure shift to the upside,we execute at a nearest fair value gap created on 5mins with our stoploss few pips below the recent low that birthed the market structure shift.
first post was ahhh, this chart is more detailed from pervious point, momentum fading to the upside
Broadcom Inc. (AVGO) has been on a strong correction in the past 4 months, completing so far 3 straight brutally red 1M (monthly) candles since January, having broken below its 1W MA50 (blue trend-line). This month, it hit its 1W MA100 (green trend-line) for the first time since November 2022. This is a key Support level as it is AVGO's main Support during Bull Cycles that historically has only broken during Bear Cycles. In fact, the stock has been trading within a 15-year Channel Up since it's IPO. And this is the reason why this correction is a blessing in disguise for long-term investors. The 1W MA100 was intact during the previous historic Bull Cycle from May 2013 to July 2018. So since we tested it now, there is a far stronger probability of it holding and extending the Bull Cycle that started on the October 2022 Low, than turning into a Bear Cycle. Notice also how symmetric the rises have been within this Channel Up. The 2012 - 2015 rise has been +500% before the 1W MA50 was breached again. Similarly, AVGO has grown by +500% again from the October 2022 bottom to the recent All Time High, before it broke last month again below the 1W MA50. If this is a new Low similar to August 2015, then we can expect an equally symmetric follow up rise of +178.64% in the next 2 years. This gives us a rough long-term Target of $380. ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?
The price of Fair and Free token ($FAIR3) surged 96% for the past 2 days amidst breaking out of a bullish symmetrical triangle pattern. Built on the Binance smart chain blockchain ecosystem, the aim of the project is to advocate for a Web3-based system that empowers creators through ownership of their data and intellectual property, decentralized monetization, and AI-assisted tools. The goal is to establish a more equitable creative ecosystem where creators directly benefit from their work. While listed only on BingX as the only popular CEX, this BNB chain token might just be gearing up for another legged up as more CEX listings could pave way for a break out. The Asset holds a Coin Market cap profile Rating score of 87%, this is a metric derive by Coin market cap to highlight legits projects from Honey pots scams, and with a rating of 87%, $FAIR3 is on a cusp of a another legged up. With the RSI at 69, the token has consolidated after the bullish campaign, we might experience a respite before another bullish run to shake off weak hands. On a bullish note, data from Defilama shows about $5.431 Billion has been locked in Total value lock (TVL) in the Binance Smart chain ecosystem. This data shows a growing number of Defi and crypto projects being built and integrated into the chain, hinting on a level of trust that projects have on the BNB chain. Fair and Free Price Data The Fair and Free price today is $0.024145 USD with a 24-hour trading volume of $2,452,407 USD. Fair and Free is up 26.01% in the last 24 hours. The current CoinMarketCap ranking is #714, with a market cap of $22,595,600 USD. It has a circulating supply of 935,814,213 FAIR3 coins and a max. supply of 935,814,213 FAIR3 coins.
https://www.tradingview.com/x/GUT8FWlA/ Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NZDUSD pair which is likely to be pushed down by the bears so we will sell! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ❤️ Please, support our work with like & comment! ❤️
Aave is seeing a good decline in price after each touch of the 100EMA, which we recently had again. We are going to look here for a decent movement to lower zones, which should give us at least 15% of market price movement; this, of course, only as long as we stay below the EMAs. Swallow Academy
#Bitcoin in a bull run despite everything! zoom out!
SMC Trading point update analysis for XAUUSD (Gold vs. USD) on the 2-hour timeframe appears to suggest a bullish continuation setup after a correction. Here's a breakdown of the idea: Key Points from the Chart: 1. Rising Channel: The price is moving within an ascending channel. After a breakout and strong rally, it is currently in a flag or wedge-like correction pattern. 2. Correction Zone: The price is consolidating downward inside a small descending wedge (a bullish pattern), potentially forming a bull flag. This is typically a sign of continuation after a strong upward impulse. 3. Support Zone: A 4H support level is marked around 3,301.416, which aligns with the lower boundary of the flag pattern. This is a potential buy zone for price to react and bounce. 4. Target Point: The target is projected at 3,404.254, implying a breakout to the upside if the support holds. 5. RSI Indicator: RSI is currently around 65, with previous values near 80, suggesting a slight cooldown but still in bullish territory. A slight drop in RSI might occur before the next bounce. 6. EMA 200: The EMA 200 is well below current price (around 3,137), indicating a strong bullish trend. Mr SMC Trading point Possible Trade Idea: Entry: Around the 3,301–3,305 support area. Confirmation: Wait for a bullish reversal pattern (engulfing candle or strong bounce). Target: Around 3,404 (as per the marked target zone). Stop Loss: Below the support zone (e.g., below 3,295), depending on risk tolerance. Pales support boost ? analysis follow)
This is where smart money is likely to reaccumulate before pushing price higher. We're targeting internal liquidity levels and prior highs with a clean risk-reward structure. Confirmation can come from a bullish reaction or engulfing candle within the zone. Entry Zone: 2.25 – 2.28 Targets: TP1: 2.365 TP2: 2.485 TP3: 2.660 Stop Loss: 2.151 DYOR: This idea is for educational purposes and reflects a personal trading plan. Always do your own research, use strict risk management, and wait for confirmation before executing. #RAYDIUM #RAY #RAYSOL #RAYUSDT