Is XRP loading up for a big move? Wait for the breakout!Here's a quick Look at XRP daily chart . As we can see, the price has been forming a bigger descending triangle and a break to the upside could be around the corner! The price is very close to a bigger break to the upside. The best entry would be, when the price breaks above 0.922$ with good amount of volume . Definitely one to keep an eye on.
The market is shifting, and big gains could be coming our way!
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The idea is: Buy when the price breaks above 0.922$ and take profits at the levels shown in the chart.
Targets:
1. 1$
2. 1.19$
3. 1.34$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
100x
ADA broke out from its bigger downtrend!Here's a quick look at the ADA Daily chart . As we can see, the price has broken out from its bigger downtrend and a bigger reversal could be upon us. If you didnt catch the immidiate breakout from the falling wedge, then the best entry would be when the price breaks above 1.25$ with good amount of volume. Definitely one to keep an eye on!
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The idea is: Buy when the price breaks above 1.25$ and take profits at the levels shown in the chart.
Targets:
1. 1.47$
2. 1.7$
3. 2$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
mri looking like it's getting to make a next leg higher I've been in this since early Feb and its been a wild ride my first meme play I threw a decent bag at. Haven't started scaling out at all yet and will look to start doing so on the next leg up. Looks like a potential bottom might be in but its hard to tell and really depends on what kind of traction and hype this gets in the coming weeks. Definitely not something I'd like to hold in a bear market so hopefully the sooner the better.
$Blok bloktopia metaverse project potential bottom moonBloktopia alpha is launching now, just tweeted out the alpha emails are going out 10 minutes ago. Lots of fud and naysayers have been on this project so now having this alpha launch finally happen is an interesting moment - for btc and the crypto markets in general it’s also great timing. If this is the bottom for btc then it’s certainly a bottom for bloktopia, here’s the tweet - twitter.com
#KEX#KEX
Adding this low cap Altcoin to portfolio
#midterm #longterm
KIRA is a financial hub connecting decentralized Web3 applications,
enables users to stake tokenized representations of any of their current assets.
Also in Coinbase Ventures portfolio.
CEO @milanavalmont followed bz CZ 😏
•Risk / reward ratio: 1:10
•1-2% from your funds
•Trade TP 1$
•Invest TP 2,6$ - 10$
•Price 0.26$
•M.Cap 8M
#AEX #AscendEX #GATE #Pancake
#VIPSIGNAL
HPB/BTC - The easiest 100x potential coin for 2022?High Performance Blockchain is an old and forgotten coin from 2017. 99% of the community has already capitulated. Nonetheless, the project surprisingly actually lives up to its name.
With extremely low fees (as low as $0.000000001 per transaction), an extremely high number of TPS, NFTs being minted almost for free, DEXs being built on the blockchain and the community considering to rebrand the project and bring it back to life, High Performance Blockchain already has everything it needs to become a top 50 project. The only thing it's missing right now is a large, active community (since the old community has capitulated) and exposure / hype / marketing / brand awareness, which I hope to see in the future after we have rebranded and draw in a whole new crowd.
As far as technical analysis goes, it is difficult to say whether we have already bottomed out at 200 sats or if we have yet to make a new all time low in sats as Bitcoin begins to recover and eventually hits new highs. HPB has one of the most rekt charts in all of crypto, with its ATH at 80k sats and its ATL at 200 sats.
This is a very high risk / high reward coin to trade because not only has it been in a steady downtrend for years, it is also extremely illiquid, meaning it is important to use the right strategy. In this case, the right strategy is to start Dollar Cost Averaging (DCA) down from 400 sats and under, and aim to hold it for the long-term. So buy a little bit under 400 sats, and then just wait and see for a while. If it gets to around 300 sats or under, put in some serious money. After that if it still keeps on dropping, wait for it to make a new ATL in sats before buying any more.
The potential gains on this one are absolutely ridiculous if it manages to revive like SNX, BQX and AAVE did. As you can see, even 100x or more against Bitcoin isn't all that spectacular since the chart is so rekt.
In the case that we get a big random pump, the first target is around 2500 sats, after that ~8000 sats. If the project actually revives like I think it eventually will, targets are set at 20k sats +.
So yeah, don't FOMO into this one. Start off with a very small bag and slowly DCA over the next few months. Then sit back and hold it for the next year or so to possibly get 100x returns or more.
Good luck to you all and fingers crossed that HPB manages to rise from the ashes like many others have already done!
BANKERA - BNK ready for a huge leg up 155%Seems like Banera BNK has been in a consolidation phase for a period of time,
Looking @ Etherscan the top 100 holders hold approx 40%+-
With a number of these buying in the past 3-6 months
Initial target is a HUGE 155% growth, it appears an descending triangle pattern is due to complete.
Then retracement back to a what appears to be a soft support/resistance line.
Provided this holds a further 290% (from current level) is achievable re-testing the 2nd resistance level.
Huge potential here!
Full diclosure, I have purchased and now hold a parcel
All information is for educational purposes for testing charting patters and fundaments, always looking for feedback, and not intended as investment advice or guidance
My Tenbagger pick for 2022 - Carnival CorporationDear traders,
Today I would like to introduce you to my top pick for 2022: The Carnival Corporation, or also known as Aida.
This stock looks great in terms of both charts and fundamentals. I think we have a potential tenbagger here for the next 1-2 years, which is at the beginning of a strong impulse upwards.
As you can see, we have completed wave 1 and possibly wave 2 as well. Wave 1 has the shape of a diagonal and wave 2 the simple shape of a zig-zag that reacted to the 61.8% Fibonacci retracement with enormous purchases. From a fundamental point of view, it is a cruise giant with a monopoly position. But what is interesting for me is the current inflation. Inflation does not seem to have arrived in the travel sector due to persistent restrictions on international travel in the travel sector. I think that if we move towards endemic we will get a huge boost in demand in the travel sector, which of course will also boost prices and the Carnival Corporation could benefit enormously from it.
I have set possible price targets for a wave 3 extension based on Fibonacci ratios. The maximum price target would be $ 155.97 which would mark a new all time high. I think this is perfectly realistic.
This is not investment advice, just my own opinion.
RT
Hex Alternative Bullish Macro FractalAnother possible fractal that could play out. This one is possibly targeting a price of over 700x the current value.
$QTUM TO $44?!$QTUM areas to watch if we drop below trend line:
1 - $11.64 - $10.82
2 - $9.11 - $8.42
Targets we want to watch when we have a successful breakout:
1 - $24.9
2 - $35.76 (ath)
3 - $44 (price discovery)
Is $QTUM a good entry now?
QTUM is looking similar to October times when we pumped 79% I can see a drop to the trend line then a possible pump depending on market conditions.
I’d set buy limits for $14.16 - $13.5 (don’t go all out) for extra safety wait for breakout and retest.
XDC Network ($XDC) formerly Xinfin is lifting off 🚀XDC is the cousin to XRP/Ripple, made for the trade finance world. Momentum seems to be building in a major way here. IMO this is an easy 100% to 20 cents where it was just recently then blasting beyond. Consensus is $3 to $4 dollars per coin.
ISO 20022 is an emerging global and open standard for payments messaging. It creates a common language and model for payments data across the globe.
OK LETS GO (EASY 5X FROM HERE)UNISWAP:OKLGWETH PANCAKESWAP:OKLGWBNB
$OKLG Is a meme/culture coin with a strong community , i see an easy 5X From here
note: this is not financial advice "just my own personal opinion"
TARGETS:
1-100%
2-250%
3-500%
100x HODL OPPORTUNITY! Here's why:Injective Protocol (INJ) is the FIRST fully decentralized cross-chain derivatives exchange protocol!
You could say we're a little late to enter this, yet we're also very early. In just 1 year the price has rocketed, however traders have been preaching the importance of INJ for weeks whilst waiting for an entry point. Right now is a fantastic entry point, as you can see the candles have been consolidating for SIX WEEKS+ along the support barrier, holding strong for the next pump.
The yellow S/R lines extend out to the end of Q1 2022 (March 31st), and just take a look at our potential highs here, absolutely rewarding! In terms of the 100x hodl opportunity, this comes into play later in 2022 as the number of holders increases due to the rise in price, awareness of the cross-chain derivatives (crypto + stocks etc), the smart contract promises from ETH delayed until 2023 and the rise of the NFT community.
Personally I entered INJ at $11.35, for transparency.
Drop a follow to see the other gems im investing in, and trade safely crypto fam.
XPR Proton Nov 17 UpdateMy XPR Update for November after the drop on the 15th everything seems fine for now, this is my dream of what can play out. I think everything still looks okay if the RSI can go back above 50 but we still may see a smaller drop to .029-0.03 in the next day followed by a move upwards again to test 0.05
Proton ( XPR ) is a smart contract platform and public blockchain designed for consumer applications and peer-to-peer payments. It is built around a secure identity and a financial settlement layer, allowing users to link their real identity and fiat accounts. By doing this, users can pull funds, buy crypto and use that crypto in apps. All transactions are recorded on a blockchain whose core function is to record payments and interface with different entities involved. Eeach user on this blockchain has a known identity, which is in turn verified by an approved identity provider. XPR's total supply will be 12,283,792,425, of which 8,415,203,447 is currently in circulation. This comes with a 5% annual token inflation , which will be split between block producers (2.5%) token stakers (1.5%) and the Proton Steering Committee (1%). XPR has a market cap of $262,542,545, and in the span of six months, XPR's market cap ranking dropped from #800 to around #280.