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Bullishbreakout

Dash Perpetual Futures Prepare for the 40 % Breakout Dash is currently Trading within a falling wedge and rejecting at the POC on the 4HR TF . On the 1D TF we can see clearly whats happening after ATH was printed we are now moving between S/R . I anticipate that we make our way down to print another LL with support and confluences at the support line of the wedge with the .786 fib and the 100 EMA and a Volume profile match to give us a bounce off the support. With a close outside of the Resistance for a Long and SL placed below the last swing low for a potential 40 % gain . This is determined by measuring the wedge opening . As demonstrated in the chart ... Follow and Like For More Setups and or Trading Questions
Long
by SJTRADESFUTURES
4hr chart xrpusd ascending triangle not the dominant patternI was slightly dismayed here upon seeing several 4hr candles close below the 4hr chart ascending triangle pattern but upon realizing they haven't triggered any sort of breakdown decided the best thing to do was to zoom out and see if I can find any pattern on the 1 day chart that may in fact be the more dominant pattern and more relevant pattern we are currently working with...low and behold I did figure out on the 1 day chart that we had broken above a symmetrical triangle and are currently retesting its top trendline as support. Being on a larger timeframe, this pattern should carry more significance than the ascending triangle on the 4hr chart carries...let's hope this is the more valid of the 2 patterns because this one has a breakout target above the 70 cent range. If it is the more valid pattern we will likely see a bullish surge here for xrp in the next couple days or so. *not financial advice*
BITSTAMP:XRPUSD
by DrDovetail
$SCRT/BTC 1D (Binance Spot) Descending channel breakoutSecret Network (formerly known as Enigma) broke bullish and is supported by 100EMA, looks ready for a leg up here! Current Price= 0.00004975 Buy Entry= 0.00004990 - 0.00004730 Take Profit= 0.00006440 | 0.00006440 | 0.00009998 Stop Loss= 0.00004069 Risk/Reward= 1:2 | 1:3.6 | 1:6.5 Expected Profit= +32.51% | +58.64% | +105.72% Possible Loss= -16.28% Fib. Retracement= 0.382 | 0.618 | 1 Margin Leverage= 1x Estimated Gain-time= 1 month
Long
by TradingOn
1
giant bull flag has a target of 77k if confirmedlots of bullish confluence at the moment and this is our third overlapping bullish pattern right here that we are currently breaking out of...It is also a valid bull flag on the weekly chart as well but I chose to show it here on the 1 day timeframe to better illustrate the trendlines of the flag. not 100% validated just yet but looking good and with all the other pattern breakouts acting in concert with this we have enough bullish confluence to greatly increase the odds of this breakout being validated. Probability currently favors a breakout to the upside....if this occurs we should head to 77k...however we must remember that this could be more valid as a weekly chart pattern then a daily chart pattern so the climb to reach the 77k target could take several weeks. *not financial advice* .
GEMINI:BTCUSDLong
by DrDovetail
3
$XRP/BTC 1h (Binance Spot) Descending channel near breakoutRipple is looking bullish again and I am expecting a bounce after a last dip to 100EMA. If you know how to Margin trade, you can lever that set-up with 3 or 5x, but manage your position size accordingly so you won't over-risk! Current Price= 0.00000976 Buy Entry= 0.00000975 - 0.00000961 Take Profit= 0.00001025 | 0.00001058 | 0.00001114 Stop Loss= 0.00000930 Risk/Reward= 1:1.5 | 1:2.37 | 1:3.84 Expected Profit= +5.89% | +9.30% | +15.08% Possible Loss= -3.93% Fib. Retracement= 0.5 | 0.786 | 1.272 Margin Leverage= 1x Estimated Gain-time= 1 week
Long
by TradingOn
BNB/USDT - close to symmetrical triangle breakoutBNB/USDT has been setting up a symmetrical triangle for a month since it hit its ATH and is now on the verge of breaking out. Due to the way the pattern is set up and fairly low risk associated with the trade a bullish breakout seems more likely than a pattern failure. This looks like a great buy zone to me but I will wait for breakout confirmation first before fully entering a long. For this trade we can work with a tight stop of around 3-5% below the current price which makes for a great risk:reward ratio or simply wait for breakout confirmation before entering the trade to reduce the risk of longing a pattern failure. Buy zone: $260-$272 Recommended stop loss area: $256.5 (very tight) - $248 Tighter stops can turn the risk:reward in your favor but also increase the risk of getting stopped out too early by fake-outs and potential wicks so choose a price you're comfortable with. They work best if you let the price come to you and you're buying right on support. Best of luck and let me know what you think!
Long
by Wolfy_
4
$IOTA/BTC 4h (Binance Spot) Falling wedge breakoutMiota is trending inside an ascending channel and has broken out of that falling wedge. Let's wait for a pull-back and try to catch it on 50MA support retest, which is also a demand zone! Current Price= 0.00002450 Buy Entry= 0.00002385 - 0.00002323 Take Profit= 0.00002659 | 0.00002898 | 0.00003316 Stop Loss= 0.00002150 Risk/Reward= 1:1.5 | 1:2.67 | 1:4.72 Expected Profit= +12.96% | +23.11% | +40.87% Possible Loss= -8.67% Fib. Retracement= 0.5 | 0.786 | 1.272 Margin Leverage= 1x Estimated Gain-time= 2 weeks
Long
by TradingOn
9