Bullishbreakout
$REEF/BTC 2D (Binance Spot) Big fat falling wedge breakoutReef.finance is looking very bullish here against Bitcoin on macro view, especially after regaining 50MA support!
Current Price= 0.00000050
Buy Entry= 0.00000051 - 0.00000047
Take Profit= 0.00000067 | 0.00000085 | 0.00000099
Stop Loss= 0.00000037
Risk/Reward= 1:1.5 | 1:3 | 1:4.17
Expected Profit= +36.73% | +73.47% | +102.04%
Possible Loss= -24.49%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 3 months
Bullish Pennant Pattern in MIndtreeMindtree is continuously making higher highs and higher Lows HHHL with Pennant pattern.
Once broken then we might see 4220 in the coming month.
$BTC/USDT 15m (Binance Futures) Descending trendline breakoutBitcoin has broken out bullish locally again and 50MA is acting as support now, it is likely to go for a higher high!
Long time not scalping it, this is a very zoomed in view, use small position and respect the set-up (as always).
Current Price= 49451.12
Buy Entry = 49441.08 - 49244.64
Take Profit= 49939.57 | 50372.89 | 50946.06
Stop Loss= 48863.58
Risk/Reward= 1:1.25 | 1:2.15 | 1:3.35
Expected Profit= +14.52% | +25.08% | +39.00%
Possible Loss= -11.64%
Fib. Retracement= 0.786| 1 | 1.272
Margin Leverage= 12x
Estimated Gain-time= 1 day
$COMP/USDT (Binance Futures) Falling wedge breakoutCompound is looking good for bullish continuation here after regaining 100EMA and breaking out.
Current Price= 455.95
Buy Entry = 455.63 - 442.81
Take Profit= 496.82 | 548.43 | 601.95
Stop Loss= 1039.8
Risk/Reward= 1:1.25 | 1:2.6 | 1:4
Expected Profit= +21.20% | +44.16% | +68.00%
Possible Loss= -17.02%
Fib. Retracement= 0.786| 1.117 | 1.414
Margin Leverage= 2x
Estimated Gain-time= 5 weeks
$VIDT/BTC 1D (Binance Spot) Descending wedge breakout and retestVIDT Datalink looks really bottomed here and ready for reversal after that bullish breakout!
Also, it's a Collectibles & NFTs project, working on Binance Smart Chain and Fantom Ecosystem.
Current Price= 0.00001077
Buy Entry= 0.00001080 - 0.00000984
Take Profit= 0.00001331 | 0.00001583 | 0.00001991
Stop Loss= 0.00000792
Risk/Reward= 1:1.25 | 1:2.3 | 1:4
Expected Profit= +28.97% | +53.39% | 92.93%
Possible Loss= -23.26%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2.5 months
$CHR/BTC 4h (Binance Spot) Falling wedge near breakoutChromia has formed a bullish pattern and looks ready to break-it, but we may see a last pull-back to 100EMA first.
Current Price= 0.00000871
Buy Entry= 0.00000838 - 0.00000806
Take Profit= 0.00000926 | 0.00001012 | 0.00001132
Stop Loss= 0.00000739
Risk/Reward= 1:1.25 | 1:2.29 | 1:3.73
Expected Profit= +12.65% | +23.11% | +37.71%
Possible Loss= -10.10%
Fib. Retracement= 0.618 | 0.893 | 1.272
Margin Leverage= 1x | 2x
Estimated Gain-time= 2 weeks
$AMB/BTC 1D (Binance Spot) Big falling wegde breakoutAmbrosus is ranging for quite some time and TL support is holding, seems to be almost ready for next impulse.
Current Price= 0.00000080
Buy Entry= 0.00000080 - 0.00000072
Take Profit= 0.00000097 | 0.00000116 | 0.00000146
Stop Loss= 0.00000059
Risk/Reward= 1:1.24 | 1:2.35 | 1:4.12
Expected Profit= +27.63% | +52.63% | +92.11%
Possible Loss= -22.37%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 3 months
We may only just now be breaking above the falling wedge It appears now that the falling wedge I spoke about a couple ideas back may only just now be having priceaction breaking above it. If this is the case it means that the top trendline of the wedge was actually at a slightly less acute angle. Either way in the long run it wouldn't surprise me if we end up reaching the target of the wedge with the more acute top trendline as well as the price target of the wedge shown here with the new top trendline, if this correction is finally over. If this new top trendline is the more valid wedge then the breakout target is around 47k. Should we reach this target that will carry price action reasonably above both the 1 day 50ma and 200ma and could help cause the recent deathcross to end up being more of a bear trap fakeout than a deathcross. We are also inside a channel with the descending green trendline representing the top of the channel and the bottom purple trendline of the wedge also acting as the bottom trendline of the channel. We're we to confirm a breakout from the wedge right here and have a measured move target of 47k,. odds are good we would break out upward from the channel on our way to that 47k target. We can see already that the first candle above the new top trendline on the daily chart has already retested the trendline as support. That is a good sign for the bulls but we won't have confirmation of the breakout in my opinion until we see 3 consecutive 1 day candle closes above the trendline or a huge surge in bullish volume and a big green candle to go with it. whichever happens first. For now there is no confirmation of a breakout here on this new top trendline of the wedge but it is looking promising. Stoch rsi still has a good amount of room to move upward on the 1 day chart as well.
$BTCDOM/USDT 2h (Binance Futures) Ascending triangle breakoutBitcoin Dominance just broke-out bullish and is likely to continue short-term after 50MA retest.
Current Price= 1080.1
Buy Entry = 1080.4 - 1072.5
Take Profit= 1104.2 | 1125.6 | 1156.7
Stop Loss= 1052.3
Risk/Reward= 1:1.15 | 1:2.04 | 1:3.33
Expected Profit= +20.64% | +36.56% | +59.68%
Possible Loss= -17.92%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 8x
Estimated Gain-time= 5 days
Tilray $TLRY Bullish BreakoutAfter touching the 500 Day bullish trendline, $TLRY seems to have had a bullish breakout of its local downtrend channel. If it has a successful retest of the break this could potentially be a bullish setup. The targets are labeled in the chart.
~First target $19
~Second target $23
~Third target $31
$LIT/USDT 12h (Binance Futures)Falling broadening wedge breakoutLitentry has broken out of that wedge and seems to be almost ready for reversal, let's enter on 50MA retest.
Current Price= 2.819
Buy Entry = 2.684 - 2.416
Take Profit= 3.611 | 4.384 | 5.323
Stop Loss= 1.841
Risk/Reward= 1:1.5 | 1:2.59 | 1:3.91
Expected Profit= +41.61% | +71.92% | +108.75%
Possible Loss= -27.80%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
BTC - The B Stands For Bull Run Analysis:
- Fibonacci Retracement
- Liquidity Point Analysis
- Support & Resistance
- Bullish Trend Analysis
Liquidity Points: $41322 / $59592 / $64899
Target 1: $74645
Target 2: $87280
Opinion:
Time to start the bull run for BTC
The next few weeks are going to be very green
The bulls are hungry and its time to eat :)
$CAKE/BTC 1D (Binance Spot) Symmetrical triangle breakoutPanCakeSwap broke-out bullish, let's enter on 100EMA / descending Trend-Line retest.
Current Price= 0.0004450
Buy Entry= 0.0004228 - 0.0003888
Take Profit= 0.0005084 | 0.0005709 | 0.0006713
Stop Loss= 0.0003234
Risk/Reward= 1:1.25 | 1:2 | 1:3.22
Expected Profit= +25.28% | +40.69% | +65.43%
Possible Loss= -20.31%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 2 months
$ENJ/USDT 12h (Binance Futures) Descending trendline breakoutEnjinCoin broke-out bullish and is retesting the TL, it may pull-back to 50MA before bouncing again.
Current Price= 1.27.04
Buy Entry = 1.2406 - 1.1686
Take Profit= 1.4582 | 1.7380 | 2.1732
Stop Loss= 0.9924
Risk/Reward= 1:1.25 | 1:2.51 | 1:4.56
Expected Profit= +21.05% | +44.28% | +80.41%
Possible Loss= -17.62%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
IGL ascending triangle breakoutThe stock of IGL had a strong supply zone at around 570-575 levels which it broke with heavy volumes and gave closing above the same yesterday.
Also, a weekly closing above 570 looks like a good indication that stock might soon reach 600, 650+ levels.
Support is around 545-550 levels which is a good demand zone.
This is just for educational purposes.
$EGLD/USDT 8h (Binance Futures)Falling broadening wedge breakoutElrond eGold has broken out and is likely to retest 50MA before bullish continuation.
Current Price= 80.52
Buy Entry = 75.09 - 70.69
Take Profit= 85.98 | 99.50 | 115.25
Stop Loss= 61.94
Risk/Reward= 1:1.2 | 1:2.43 | 1:3.87
Expected Profit= +17.96% | +36.51% | +58.11%
Possible Loss= -15.02%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 3 weeks
$BTC/USDT 4h (Binance Futures) Falling broadening wedge breakoutBitcoin has broken out bullish locally then got rejected on 100EMA.
Now it is pulling back and about to retest the wedge, let's catch next dip!
Current Price= 32734.74
Buy Entry = 31964.00 - 31176.00
Take Profit= 34498.00 | 35988.00 | 38235.00
Stop Loss= 29472.00
Risk/Reward= 1:1.4 | 1:2.11 | 1:3.18
Expected Profit= +27.81% | +41.97% | +63.33%
Possible Loss= -19.95%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 3x
Estimated Gain-time= 2 weeks
$TRX/BTC 4h (Binance Spot) Descending broadening wedge breakoutTron has broken out bullish locally and looks ready to continue upwards after that 100EMA retest!
Current Price= 0.00000191
Buy Entry= 0.00000190 - 0.00000184
Take Profit= 0.00000205 | 0.00000219 | 0.00000237
Stop Loss= 0.00000172
Risk/Reward= 1:1.2 | 1:2.13 | 1:3.33
Expected Profit= +9.63% | +17.11% | +26.74%
Possible Loss= -8.02%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
$UNFI/USDT 8h (Binance Futures) Descending wedge breakout Unifi Protocol DAO broke-out and is looking ready for bullish continuation after a last pull-back!
Current Price= 9.247
Buy Entry= 8.560 - 7.870
Take Profit= 10.877 | 13.305 | 16.295
Stop Loss= 6.435
Risk/Reward= 1:1.5 | 1:2.86 | 1:4.54
Expected Profit= +32.40% | +61.96% | +98.36%
Possible Loss= -21.67%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 3 weeks
$NAV/BTC 1D (Binance Spot) Falling wedge breakout & retestNavcoin has broke out bullish few days ago, it is now pulling back and retesting the wedge, time to go for a swing!
Current Price= 0.00000969
Buy Entry= 0.00000975 - 0.00000915
Take Profit= 0.00001247 | 0.00001598 | 0.00001853
Stop Loss= 0.00000743
Risk/Reward= 1:1.5 | 1:3.23 | 1:4.5
Expected Profit= +31.96% | +69.10% | +96.08%
Possible Loss= -21.38%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 1.5 months