$IDUSDT - The recent break of a 5-month downslope trend with the help of daily bullish divergence suggests a potential swing trade opportunity. Look for a pullback entry with a favorable R:R.
https://www.tradingview.com/x/6iIIxh0D/
https://www.tradingview.com/x/6iIIxh0D/
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BINANCE:IDUSDT Chart Image by aappoolloo
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State Of The Market-
Whenever $BTC regains its position above the 100-weekly moving average, it consistently experiences significant surges. Notable instances include a 5,000% increase in 2015, which reached an all-time high in 2017, a 100% increase in 2019, and an 800% increase in 2020, which also reached an all-time high in 2021.
Today, $BTC has made a significant move by crossing above three major moving averages in the weekly time frame, marking a pivotal moment. For a year and a half, the 100-weekly moving average had been above the price, indicating a market downtrend. However, this has changed as the price has now risen above it, confirming a major shift in the overall trend.
Whenever $BTC regains its position above the 100-weekly moving average, it consistently experiences significant surges. Notable instances include a 5,000% increase in 2015, which reached an all-time high in 2017, a 100% increase in 2019, and an 800% increase in 2020, which also reached an all-time high in 2021.
Today, $BTC has made a significant move by crossing above three major moving averages in the weekly time frame, marking a pivotal moment. For a year and a half, the 100-weekly moving average had been above the price, indicating a market downtrend. However, this has changed as the price has now risen above it, confirming a major shift in the overall trend.
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Trading Edge
$IDUSDT - The recent break of a 5-month downslope trend with the help of daily bullish divergence suggests a potential swing trade opportunity. Look for a pullback entry with a favorable R:R. https://www.tradingview.com/x/6iIIxh0D/
$IDUSDT, a remarkable 54% surge in just 5 days. Can it reach the 75% milestone? Either way, I'm fine with it.
https://www.tradingview.com/x/Ecm0gdGB/
https://www.tradingview.com/x/Ecm0gdGB/
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BINANCE:IDUSDT Chart Image by aappoolloo
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Trading Edge
RENUSDT hits its second target within just 3 days, delivering an impressive 40% surge. Now, our eyes are on the third target. Chart link: Entry | TP1 | TP2 To gain access: Read
Oops. All targets have been successfully reached already
https://www.tradingview.com/x/FE8QWYdl/
https://www.tradingview.com/x/FE8QWYdl/
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TradingView Chart
BTCUSD 38k-40k is in sight as long as we stay above the channel (36.8k)
https://www.tradingview.com/x/mYEE5Zst/
https://www.tradingview.com/x/mYEE5Zst/
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TradingView Chart
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Confirmation of a trend reversal hit a few days ago, and currently, we're in the groove of a trending market. All pullbacks are gifts! Welcome them with open arms.
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Trading Edge
BTCUSD 38k-40k is in sight as long as we stay above the channel (36.8k) https://www.tradingview.com/x/mYEE5Zst/
Triangle 4 for BTC as long as we stay above the gold trendline.
https://www.tradingview.com/x/QrdvFkEv/
https://www.tradingview.com/x/QrdvFkEv/
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TradingView Chart
Trading Edge
Triangle 4 for BTC as long as we stay above the gold trendline. https://www.tradingview.com/x/QrdvFkEv/
$BTCUSD
The gold trendline broke, confirming wave 5. A revisit to 30-33k is possible if the count plays out.
https://www.tradingview.com/x/qxuciruf/
The gold trendline broke, confirming wave 5. A revisit to 30-33k is possible if the count plays out.
https://www.tradingview.com/x/qxuciruf/
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TradingView Chart
Trading Edge
https://www.tradingview.com/x/mJSpDf4n/
$BTCUSD
The recent bounce appears to be a 3-wave, indicating a potential wave (E). Looking ahead, the count will remain valid if we break south with a bearish impulsive move. Otherwise, breaking north with a sweep at the 38k level will invalidate the count.
https://www.tradingview.com/x/iMYxSH58/
The recent bounce appears to be a 3-wave, indicating a potential wave (E). Looking ahead, the count will remain valid if we break south with a bearish impulsive move. Otherwise, breaking north with a sweep at the 38k level will invalidate the count.
https://www.tradingview.com/x/iMYxSH58/
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TradingView Chart