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How Far/Long Can BTC Push Higher? 🕝Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 🗒 As per my last educational post, we know that we might be in Pattern 4 => falling correction after a bearish impulse, leading to a bullish reversal. As mentioned, our confirmation would be a weekly candle close above the last major high in green (22500) Now since, we broke above it the last high, how far can BTC push higher? The first / next rejection is now around the previous major high around 25,000 in blue . If / Once the 25,000 high is broken higher, then a movement till the 30,000 resistance / supply would be expected. N.B. Always Remember, nothing moves in a straight line, so we might have a correction (as a higher low) along the way. 📉Which scenario do you think is more likely to happen? and why? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! 🗒 All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
27
EURCAD I Position swing short from monthlyWelcome back! Let me know your thoughts in the comments! **EURCAD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
23
Mt.BFX | Tezos XTZ Structure Map | $900The analysis includes multiple methods of technical analysis to produce a map. The labels for the chart and what the chart says are on the chart itself, more information about how to create a chart like this will come with updates to this idea. A quick rundown of what I do use are: Trend Line to extend from two lowest structure closes. Horizontal Ray tool to mark off structure highs and lows on the Monthly Timeframe. Box tool to mark off Monthly and Weekly gaps in price action. Fibonacci tool using Powers of Two or Binary numbers to plot growth lines originating from two of the lowest close values. This cancels the logarithm out when using a logarithmic chart. What do the boxes mean? Red Box - Monthly TF Gap Down White Box - Monthly TF Gap Up Orange Box - Weekly TF Gap Down Blue Box - Weekly TF Gap Up I predict the price to move away from $8 and break into triple digits over the long term. The price targets are as follows: $7.30 $14.60 $28.80 $57 $114 $227 $456 $900 With a price at $900 per coin, the Tezos platform would be valued at $798,181,180,200 for the total supply, not that in circulation as of 26th August 2021. $227 is a conservative estimate valuing the platform at $201 billion. This is not financial advice.
KRAKEN:XTZUSDLong
by Mt.BFX
9
GBPJPY I Potential short from resistanceWelcome back! Let me know your thoughts in the comments! **GBPJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
17
US SPX 500 - BIAS [Bearish]Dear traders! Potential short is incoming. There is a possibility of a bearish continuation after a liquidity grab and a retest of a Supply zone. Since we are bearish on HTF, I'm more focused on the bearish side. However, we still need confirmation from an LTF. Good Luck! DISCIPLINE Strive for patience, perseverance, determination, & rational action. Limit your losses, use stops. Never cancel a stop loss order after you have placed it! It's just an idea of mine. However, everyone can share their thoughts in the comment section below. Also, don't forget to support me! :) Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice. Always plan your trade and trade your plan.
OANDA:SPX500USDShort
by d13wish
2
NZDUSD PENDING VIEW BUYING SOON NZDUSD TRADING BULLISH on this analysis we saw a bigger pattern from previous correction and then price broke-out from the large correction and form a continuation correction to continue the trend #WHAT AM I EXPECTING: am waiting for a continuation pattern around 2 reaction zone #HOW DO WE ENTER: if continuation pattern form get in on the break of ltf continuation correction #TRADE INVALIDATION: a bearish impulse form followed by a correction i.e trend change #TRADE CRITERIA #reduce risk on a ltf correction #target 0.65786
Long
by REAL_CRYPTO_VIC
USDJPY I Best place to swing short next week!Welcome back! Let me know your thoughts in the comments! **USDJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
12