Get started

Bullish Patterns

Could Pectra Upgrade leads Eth to 11K this cycle? sentiment on ETH never has been that low while all the arguments against ETH will just be vanished with the upcoming Pectra upgrade volume is as low as pre 2017 era so I think we can consider ourselves around June July 2017, when ETH made a ~70% retrace from 450 to 150 than peaked at 2K Despite some delays I don't see why the upgrade will not happen...patience is key _______ In a more technical view lets zoom to the daily timeframe - its visible on the weekly chart: ETH bounced from weekly POC, saving it from collapse (?) - around 0.5 fib now from low cycle to top cycle - bounced back above that big blue trendline, its an important support that we dont want to loose I would say the low has been done on the 11th of March, as for BTC 2 and a half possibilities here, - bullish scenarios : I think there's too much stake on this asset, we bounce from here to see at least 2800 zone either only up from now, either we go back to 1800 to make a double bottom, sort of H&S pattern kinda happening often at least this cycle as long as we dont make a lower low this scenario is valid in this scenario if the upgrade keep its promises and volume is back, I don't see why we wouldn retest new ATHs - bearish scenario : we breakdown for a lower low aiming to 1600 area, the retest of the trendline above would fail and it would probably be the end of this bull market, that a lot of ppl have already called ______ fast check on whats happening if we zoom again: Heres the 4H 4H closes in 1 hour but as you can see for now ETH pinged from that blue trendline i think we really dont want to loose I bought a bit again today, lets see cheeeers
BINANCE:ETHUSDLong
by onemorewine
AUDCAD - Bulls Steppin in!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈AUDCAD has been overall bullish trading within the rising wedge pattern marked in blue. Today, AUDCAD is retesting the lower bound of the wedge. Moreover, it is approaching its previous weekly low. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of weekly low and lower blue trendline acting as a non-horizontal support. 📚 As per my trading style: As #AUDCAD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TheSignalyst
4
EUR/CAD LONG FROM SUPPORT Hello, Friends! EUR/CAD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 3H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.566 area. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Long
by EliteTradingSignals
1
The THETA chart sure has a story to tell!*"Here is a copy of my latest THETA chart, which I recently covered. There is a lot of information to be discovered simply by looking at it and drawing the proper conclusions. This will be one to watch as we move forward into the 'April flash crash' thesis I have been widely discussing. Even if it doesn't materialize as I've theorized, there are still some interesting developments that could be coming regarding the future of this asset. Good luck, and always use a stop loss!
CRYPTO:THETAUSDLong
by MetaShackle
Nasdaq: Wave A Done – Now Lining Up for a Strong BounceThe Nasdaq is starting to look really interesting here. In my view, we've completed Wave ((a)) to the downside—a clean (abc) correction. Why do I think it's done? Because we've just tapped into a Fair Value Gap (FVG) and saw a strong reaction, just above last year’s VWAP, which I always consider a key reference point on the higher time frame. Ideally, I would have liked to see that 19,090 level get tagged—unfortunately, we didn’t quite reach it. But honestly, this reaction is solid enough to still keep the bullish scenario intact. Adding to that, the RSI is now in oversold territory, and the last two times we’ve seen that, it was followed by strong upward moves. Based on all of this, I’m expecting a solid bounce over the coming weeks, likely lasting into Q1 or even Q2 2025 . Where could this move take us? I see two key zones: the first between 22,000 and 22,425 and the second between 23,320 and 23,675. Could it land somewhere in between? Sure. But one of those zones is where I expect this corrective structure to wrap up. That would likely complete the larger ((abc)) correction, after which we’ll finally begin forming the macro Wave A—which will open the next big leg of structure. So the bigger picture is in play here. In the meantime, I’ll be hunting for entries on the lower time frames, because I do think we’re setting up for a pretty solid push on this index in the coming weeks.
CME_MINI:NQ1!Long
by stromm
USDCHF Correction Due To Produce A Reversal Pattern?OANDA:USDCHF has been in a Correction Wave since the beginning of January and we now see that Price may have finally found Support at the 1.809 Fibonacci Extension Level of the Correction Wave. With both Lows in March finding Support at the 1.809 Fibonacci Extension Level, Price is beginning to form what looks like a Reversal Pattern, the Double Bottom! ** Confirmation of Pattern will come when Price Breaks and Closes Above .8863, then we will be looking for a Long Opportunity to present itself as a Break and Retest Set-Up. The Retest will Validate the Trade Idea! If we take the height of the Pattern and apply it to the Break of Confirmation, this puts the Potential Target at Previous Area of Support of the Correction Wave ( Point A ) in the .8975 area. Fundamentals seem to Support the Bullish Idea with: SNB Cutting Interest Rates by 25 Basis points from .5% to .25% FED Holding Interest Rates @ 4.5% due to "Economic Uncertainty" Unemployment Claims for USD came in as expected with no surprise and even 1K below Forecast ( Actual 223K / Forecast 224K ) Also Positive Outlook from Philly Fed Manufacturing Index and Existing Home Sales see USD rise. Next Weeks Final GDP on Thursday, March 27th will be the next big News Event to bring some light to how the economy is doing and if USD will continue strengthening!
Long
by Novi_Fibonacci
Cardano (ADA) Swing Trade SetupWith ADA approaching a key support level, this presents a strong risk-to-reward opportunity for a long swing trade. If buyers step in at this level, we could see a move towards upside resistance zones. 🛠 Trade Details: Entry: Around $0.70 (Support Level) Take Profit Targets: $0.82 - $0.89 (First TP Zone - Initial Resistance) $0.96 - $1.02 (Second TP Zone - Major Resistance) Stop Loss: Just below $0.63 Waiting for buying confirmation at support before entering. 🚀
Long
by Richtv_official
ENA/USDT: 100% PROFIT POTENTIAL TRADE SETUP!!🚀 Hey Traders! ENA Breakout Alert – 100% Move Incoming? 👀🔥 If you’re excited for this setup, smash that 👍 and hit Follow for premium trade ideas that actually deliver! 💹🔥 🔥 ENA/USDT – Breakout & Retest in Play! 🚀 ENA has broken out of a falling wedge and is now retesting the breakout level. With momentum building, it looks poised for a massive 90-100% upside move from here! 💥 💰 Trade Setup: 📍 Entry: CMP, add more up to $0.36 🎯 Targets: $0.46 / $0.58 / $0.66 / $0.77 🛑 Stop-Loss: $0.325 ⚡ Leverage: Low (Max 5x) 🔎 Strategy: Enter with low leverage now Add more on dips and ride the breakout momentum higher 🚀 💬 What’s Your Take? Are you bullish on ENA’s potential for a 100% move? Share your analysis, predictions, and strategies in the comments! Let’s crush it together and lock in those gains! 💰🚀🔥
Long
by CoreCrypto1
The Fed Cuts Balance Sheet Runoff by 80% - BULLISH!RISK-ON 🚨 I’m seeing so many people incorrectly analyzing the September 2019 emergency repo OMOs, which were short-term liquidity injections from the Fed, and then comparing it to the price of BTC going down, before QE officially started in March 2020 because of the pandemic. Here’s what really happened. September 15, 2019 was a tax deadline, pulling ~$100B out of markets as large corporations paid the IRS and funds flew into the TGA. Meanwhile, the Treasury issued new T-Bills to rebuild cash reserves following the post-debt ceiling resolution in August, draining another $50-100B as big banks and institutions absorbed the securities. During this time, the Fed continued reducing its balance sheet (QT) down to $3.76T, but the balance sheet did not leave enough slack for unexpected cash drains to the system, such as corporate taxes and Treasury issuance. Unfortunately, the Fed was flying blind and did not have a hard number estimate for “ample reserves” in the banking system. These reserves were largely hoarded by a few of the larger banking institutions due to Liquidity Coverage Ratio (LCR) rules and a higher IOER at 2.1% vs the ON RRP rate of 1.7% - a 40 bp spread. This caused a liquidity crisis in the US repo market because bank reserves held at the Fed ($1.36T) were too low and repo lending dried up. Banks weren’t able to access each other’s reserves to fund daily operations. SOUND FAMILIAR !? The US just resolved its CR to avoid a government shutdown, and they will be refilling the TGA by issuing new T-Bills. The reverse repo facility is also nearly drained. Today, we heard the Fed will be reducing its securities runoff from $25B - SEED_TVCODER77_ETHBTCDATA:5B on April 1st, an 80% adjustment. One of the main drivers is they wanted to get ahead of another 2019-style repo crisis (although they won’t say this), rather than being reactive and having to perform emergency OMOs once again. Now to go back to my original point with people saying the Fed reducing its balance sheet runoff is a big nothingburger based on BTC price action in 2019. BTC dumped because of the repo crisis, NOT because markets needed QE. By early 2020, the liquidity crisis was resolved, and BTC pumped ~45% before the pandemic hit in March and nuked the chart. Proof is in the pudding - just look at the 2017 bull market. QT started in October 2017, and the market ripped until early 2018. The Fed reducing its balance sheet runoff by 80% is definitely a signal of risk-on for educated market participants, as it leaves more reserves in the financial system, which gives banks more liquidity to loan the market. i.e. M2 go up. But keep listening to your favorite large accounts who are all of a sudden macro gurus, what do I know 🤓
BITSTAMP:BTCUSDLong
by jonnieking
XCN beautiful 2000% gainWith XCN popping off and everyone now wanting a piece of the action. XCN is not finished. I entered XCn on the 3 vertical orange lines. Every entry and exit was more beautiful than the last first 125% then 230% or so then 2000%. We are now at $0.012 roughly and holding above the 200EMA Forming a clear cup and handle, (if your new to the game check out DIMO, the cup and handle formed right before multiple major take offs) Bitcoin is showing support, and we all know what happens when that happens. Now is a better entry than ever, we could se a bit lower but I doubt past $0.01 However looking at June 15th 2022 we see a major push down followed by an immediate rejection, this is still possible but overall I believe this will hit its ATH and more being $0.10, $0.18, $0.35, $0.50 potential Not financial advice but if your kicking yourself for missing a very very easy 2000% It’s not over. Good luck and have fun with it Not Financial Advice
CRYPTO:XCNUSDLong
by NC-HAMMER-CRYPTO
2
CRV Trade Setup: Potential Relief RallyWith seller exhaustion appearing across multiple projects, CRV could be positioning for a relief rally. If the market structure shifts bullish—forming a higher high and successfully retesting support—we may see a move into upside liquidity zones. 🛠 Trade Details: Entry: Around $0.46 (Support Level) Take Profit Targets: $0.57 (First TP - Initial Resistance) $0.67 (Second TP - Mid Liquidity Zone) $0.77 (Third TP - Strong Resistance Area) Stop Loss: Daily close below $0.39 Watching for bullish confirmation before entry. 🚀
Long
by Richtv_official
GBP/USD Bullish Channel – Buy Opportunity! Overview: The British Pound (GBP) against the US Dollar (USD) is currently trading within an ascending channel on the 4-hour timeframe. The price is approaching a key buy zone at the lower trendline, presenting a potential long opportunity if bullish momentum continues. Key Market Structure Analysis: 🔹 Uptrend in Progress: GBP/USD has been forming higher highs and higher lows inside a well-defined rising channel. 🔹 Support Zone: A potential buy entry is around 1.2925, aligning with the lower boundary of the channel. 🔹 Target Projection: If the price bounces from support, the next key resistance target is 1.3085. Potential Trade Setup: ✅ Bullish Scenario: A retest and bounce from 1.2925 could trigger a buy setup. Upside target: 🎯 1.3085 – Key resistance level within the channel. ⚠️ Bearish Scenario (Invalidation): A break below 1.2925 could invalidate the bullish setup and signal a deeper retracement. Below the channel support, price might target the 1.2600 region as the next demand zone. Final Thoughts: GBP/USD remains in a strong uptrend, with the lower channel support acting as a key decision point. If bulls defend this level, we could see further upside momentum. However, a breakdown of the structure could shift the sentiment. Will GBP/USD continue its bullish momentum? Share your thoughts below!
Long
by PIPsOptimizer
etc buy midterm"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle