Altcoins still have a room to grow!Hi my friend,
Bitcoin Dominance looks bearish and this is good for altcoins, In m idea real grow didn't happen yet!
Breakoutandretest
$TOMO/USDT 12h (Binance Futures) Symmetrical triangle breakoutTomoChain is sitting on 50MA support and is likely to bounce after that triangle retest.
Current Price= 1.6171
Buy Entry= 1.6200 - 1.515
Take Profit= 1.9990 | 2.4240 | 3.0819
Stop Loss= 1.2225
Risk/Reward= 1:1.25 | 1:2.48 | 1:4.39
Expected Profit= +27.53% | +54.64% | +96.61%
Possible Loss= -22.01%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Huobi TokenHey!
Possible similar price action as we saw with Fantom analysis just yesterday. Breakout and throwback.
We did already open a trade for this but from ~$22 - $21 level is where we might get a great throwback entry with an awesome risk/reward ratio. We can see how the box area has worked as resistance , and if we pullback that is the alleged support level
Also. I like Huobi Tokens fundamentals. They have the Heco chain just like Eth and Bnb . I actually think the token price is undervalued compared to other similar projects
Huobi Exchange volume is 1/4 of the Binances
Always use stop loss, or you will get your ass burned!
-Jebu
NAS100 Sell Analysis | Breakout and Retest SetupHey traders, here is the analysis for the NAS100. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
NZD/JPY SELL OPPORTUNITY NZD JPY broke the trend line resistance and market is back at the zone to retest
as wee see on higher time frame market is bullish from along time and going upward with a good momentum
a pullback or retracement is must in that kind of scenario
.look for bearish confirmation on lower time frames and enter sell with your own money management and risk management
always remember
patience is the key
DOT target 20.70$Always waiting first for a breakout of the yellow zone, than a RETEST.
Only then I may take position.
Happy Trading! XD
$AVAX/USDT 1h (Binance Fut) Descending channel breakout & retest#Avalanche broke out the parallel channel and pulled back, seems to be a good time to enter.
Current Price= 3.1961
Buy Entry= 3.1904 - 3.1580
Take Profit= 3.2632 | 3.3251 | 3.4337
Stop Loss= 3.0998
Risk/Reward= 1:1.2 | 1:2.03 | 1:3.49
Expected Profit= +11.20% | +19.00% | +32.72%
Possible Loss= -9.36%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 4x
Estimated Gain-time= 120h
$MATIC/USDT 4h (Binance F.) Descending channel breakout & retest#MaticNetwork is looking ready for bullish continuation after that pullback.
Current Price= 0.02020
Buy Entry= 0.02023 - 0.01963
Take Profit= 0.02216 | 0.02393 | 0.02620
Stop Loss= 0.01844
Risk/Reward= 1:1.5 | 1:2.68 | 1:4.21
Expected Profit= +22.38% | +40.14% | +62.92%
Possible Loss= -14.96%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 240h
EURSGD Breakout From RangeEURSGD Breakout From Range. Retest to level occurred on H1 and H4 Chart. Let's see if retest will occur on Daily Chart.
EURJPY H1, possible sell coming...Dropped to the H1 time frame for a more detailed picture of what price is doing. Currently forming lower highs and creating a flag pattern. Once price does not cross above the Daily resistance zone we can start looking for reversal patterns on the lower time frames for a sell entry.
