Tempo_Trades

Over the past three years of bullish market cycles, the 50% retracement level has frequently acted as a reliable support zone following significant upward impulses. In multiple instances, after establishing a new swing high, price has pulled back to a 50% level before successfully establishing a higher low and resuming the primary bullish trend with strong momentum. This demonstrates the level's importance in reloading the trend. Following the most recent swing high, BTCUSD has executed a corrective move, which has now brought price precisely to the 50% retracement level of the overall bullish impulse. This successful defense of the 50% retracement level strongly implies the formation of the next higher low (HL) in the overall bullish structure. In summary, the market is currently at a high-probability reversal zone that has consistently preceded significant upward movements in Bitcoin's recent history. The risk/reward proposition favors a bullish continuation!

ETHUSD has completed a deep retracement to .786 fib level and currently retesting the long term support trend line. Looking at price, I feel this is a great opportunity to accumulate ETH for long term gains. As well as traders getting into a daily / weekly timeframe trades!! Until price does not break $3375, ETH bullish momentum should continue!

AVAXUSDT has been in a bullish trend and has broken it's major resistance levels, breaking out of consolidation areas. Currently, price is finding support between 0.5 / 0.618. If price starts trending up from here, we can expect the pattern projected price to be achieved in the upcoming months!

GOLD has gone through a deep retracement in a very strong bullish trend! Currently price is trading below the resistance zone marked on the chart. If GOLD regains and sustains the $3300 mark we are very likely to retest or even put in a new all time high!

BTCUSD has broken the lower highs and resistance trend line on the daily chart after forming bullish divergence on RSI. RSI divergence signals reversals and in BTC's case, it has led to the break of lower highs (bullish reversal) and continuation of the overall bullish trend on higher timeframes. I am expecting BTC to create a higher low around the support zone and continue its upward momentum!

GOLD has been trending downwards after weeks of bullish price action. Price has formed bearish AB=CD and bearish rectangle patterns. These are both bearish continuation patterns, which indicate potential downward pressure on price. Bullish divergence has formed on 1 hr chart and if price breaks the lower high, we can expect bullish momentum in the short term!

ETHUSDT has started a bullish trend on 1 and 4 hr timeframes. I am expecting continuation of the bullish trend with a market entry and stop loss below the 4 hr higher low!

BTCUSDT has formed bullish divergence on Daily TF and continues its upward momentum. BTC has also formed two trading patterns: 1. Asymmentrical Triangle: This neutral pattern can break out in either direction 2. Bullish AB=CD: This continuation pattern on the weekly tf coupled with bullish divergence on daily tf indicates imminent continuation of the bullish trend. Buy stop order on break of LH could be a good trading idea!

XRPUSDT looks to be forming a bullish AB=CD pattern, after finding support at 0.618 fib level. Since AB=CD is a continuation pattern. I am expecting the price to reach our projections at point D!

Entry: 2.829 SL: 2.674 TP1: 2.976 TP2: 3.123 NEARUSDT is currently in a bullish trend with the retracement at 0.382 fib level after printing a new HH. If price prints another HH, we can expect more momentum to the upside!