A Head & Shoulders (H&S) pattern is potentially forming on the ATOM/USDT daily chart, signaling a bearish reversal if confirmed. --- Pattern Structure 1. Left Shoulder: - Top: 7.0 USDT - Bottom: Around 5.8 USDT 2. Head: - Top Wick: 7.8 USDT - Bottom: 5.9 USDT 3. Right Shoulder (forming): - Potential Top: Around 7.0 USDT (symmetrical to the Left Shoulder). - Bottom: Around 5.8 USDT , completing the neckline. 4. Neckline: - Slightly downward sloping, connecting the bottom of the Left Shoulder, Head, and Right Shoulder at approximately 5.8-5.9 USDT . --- Target Calculation The pattern height is measured from the Head's top wick (7.8 USDT) to the neckline midpoint (5.85 USDT): - Height = 1.95 USDT Projecting this distance downward from the neckline (~5.85 USDT): - Target = 5.85 - 1.95 = 3.90 USDT --- Potential Trade Setup Short Trade Plan 1. Entry Points: - Anticipation Entry: Around 6.5-6.6 USDT , assuming the Right Shoulder is in already in the process of forming. - Confirmation Entry: Below 5.85 USDT , after a breakdown of the neckline. 2. Stop-Loss: - Place a stop-loss at (tight stop-loss) or just above (slight margin) the Right Shoulder top at 7.0-7.2 USDT to account for false breakouts. 3. Take-Profit Levels: - TP1: 4.0 USDT , near a historical support zone. --- 3.9-4.0 USDT as a Potential Buying Zone - The 3.9-4.0 USDT range aligns with the measured target of the Head & Shoulders breakdown and is a strong support zone historically. - Long-term investors can monitor this range for accumulation --- Key Observations 1. Volume Confirmation: - Watch for high sell volume during the breakdown of the neckline ( 5.85 USDT ) to confirm bearish momentum. 2. Reversal Risk: - A daily close above **7.2 USDT** invalidates the H&S pattern, signaling bulls may regain control. 3. Patience is Key: - Wait for the Right Shoulder to complete and the neckline to break before fully committing to short trade. --- Summary ATOM/USDT is showing a potential Head & Shoulders pattern , with a bearish target of 3.9-4.0 USDT . This range could also act as a strong buying opportunity for long-term investors.
T.A last dec 16,2024, still on conso, waiting for January 20 inauguration
#SOL is an elliotic coin ! the market made 4 waves of elliot and now its going to make the 5th one this was my analysis on sol before its last drop ??? https://www.tradingview.com/chart/SOLUSDT/5ZRIluU9-SOLANA-update/ there was a good liq at the bottom of the chart and after that i though this coin can fly as there is no liq remaining !??? https://www.tradingview.com/chart/SOLUSDT/N9a0x1WS-SOLANA-update/ this coin is still bullish because there is no bearish pattern seen in the market !
Possible scenario for #XRP outbreak to new ATH of $4.20 during US Presidential Inauguration Ceremony or shortly after. The CEO of RIPPLE has met numerous times with the US President in the last 90 days post election.
I'm gonna start putting some charts on here for reference. Just so I can look it back on them and see if I'm right or wrong. We'll see. Push them up. People.
Gann wd uses geometry techniques in his days to profit in the market. Here comes the levels based on angles and volatility. A break above or below each level moves to the next one.
The daily price chart for LADYS/USDT reveals significant developments in its technical analysis, suggesting the potential end of a prolonged downtrend and the onset of upward momentum. The price had been consolidating within a falling wedge pattern, a structure marked by converging downward-sloping orange lines. Falling wedges are typically considered reversal patterns, and this case aligns with that narrative. The trend took a decisive turn with a breakout characterized by a prominent "whale candle in hourly timeframe," signifying strong upward movement and increased buying interest. Following the breakout, a retest confirmed the former resistance line as a new support level, reinforcing the validity of the move. This technical confirmation has set the stage for a bullish outlook, with the chart's green box marking a projected price target around 0.000000089121 USDT. Adding further strength to this analysis is the presence of key support zones. The purple-shaded area below the current price acted as a support in earlier price action and remains a critical level for maintaining the bullish structure. Similarly, the falling wedge's former resistance line now serves as an additional support layer. At present, LADYS/USDT is trading at 0.00000007719 USDT. If the bullish momentum continues, it could align with the chart's projection, presenting potential opportunities for traders. Understanding LADYS: The Milady Meme Coin LADYS represents Milady Meme Coin, trading against Tether (USDT). As a meme coin, its value is heavily influenced by social sentiment, online trends, and speculative trading. While the chart suggests technical bullishness, it is essential to note the high volatility typically associated with meme coins. Risks and Considerations The broader cryptocurrency market's sentiment will inevitably impact LADYS/USDT's trajectory. Traders should approach this analysis with caution, considering both the potential reward and the inherent risks of trading meme coins. Effective risk management, such as setting stop-loss orders and staying informed on market conditions, is crucial for navigating this space. In conclusion the breakout from the falling wedge and the subsequent retest indicate a strong bullish scenario for LADYS/USDT. While the technical setup points toward upward momentum, traders should remain cautious given the speculative nature of meme coins like Milady. Careful planning, thorough research, and a balanced approach are key to capitalizing on the opportunities presented by this chart. Disclaimer: This is not a financial advise. This analysis is purely for informational purposes and should not be considered as investment advice. Trading involves risk, and you should consult with a financial professional before making any decisions.
This is an outlook for the week of Jan 20-24 In this video, we will analyze the following FX markets: ES \ S&P 500 NQ | NASDAQ 100 YM | Dow Jones 30 GC |Gold SiI | Silver PL | Platinum HG | Copper The indices look set to move higher this week, as Trump is inaugurated Monday, bringing a possible "Trump Pump" to the markets. The metals are a bit mixed, but may continue upward this week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
As LUNC has gone through descending pattern in a bearish trend it could be a continuation pattern and I think that it maybe follow the black line and break the trangle downward. Is there anyone who think that it can follow the red line and break the triangle upward? PLZ put your comments.
As illustrated, I'm trying to visualize the possible outcome for the next couple of days. Anything could happen, but the more "obvious" sentiment is bullish to "very" bullish. The targets of $110,000 - $120,000 are very realistic within just a few hours into Trump's inauguration. Now, one must expect anything during the most volatile conditions, and a possible liquidation near ATH or even at new ATH MIGHT occur. WHY? ... Honestly... it's just one of those " too good to be true " type of things that I just simply can't ignore the probabilities that are involved in this game. It's not a crazy theory about liquidity nor am I trying to go against what we all expect and desire for BTC (which is to continue breaking ATH and beyond).. I'm simply being realistic about the different scenarios during my projected outcome. Hopefully, we get a MASSIVE BULLISH Daily bullish candle; right? (did I say bullish?)... but... hey... it's 2025. -- GOOD LUCK!