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Bullishbreakout

monthly double bottom breakout on ETHUSD confirmed; target=636 The most important chart pattern in ethereum has just had it's breakout confirmed. This double bottom shown here on the monthly chart has been giving us a few head fakes over the last few weeks. I originally thought it was more predominantly a weekly pattern we had a fakeout back below theneckline a couple weeks back which made me realize it was better suited on the monthly chart. The breakout target is $636 however my first initial target on the smaller time frame of the 1day chart has been $525 for awhile which we are very close to reaching...there may be some consolidation that occurs between $525 and $636 but we will reach that target sooner rather than later I'm quite certain. Thanks for reading! *not financial advice**
COINBASE:ETHUSDLong
by DrDovetail
ADA/USDT 2h (Binance Futures) Descending triangle near breakoutCardano is getting ready for the next big move, I expect it will be upwards as long as 200MA is holding the trend! The chart is showing Spot pair, but we will trade it with low leverage in Futures market. Current Price= 0.10302 Buy Entry= 0.10310 - 0.10106 Take Profit= 0.10756 | 0.11299 | 0.11842 Stop Loss= 0.09664 Risk/Reward= 1:1 | 1:2 | 1:3 Expected Profit= +10.66% | +21.28% | +31.92% Possible Loss= -10.66% Fib. Retracement= 0.618 | 1 | 1.272 Margin Leverage= 2x Estimated Gain-time= 240h
Long
by TradingOn
5
EGLD/USDT 8h (Binance Futures) Descending channel breakoutElrond eGold is surely looking juicy here, preparing for a big move up I believe after that pullback. As long as 50MA is holding and supporting the price we are good to go up! Current Price= 8.158 Buy Entry= 8.191 - 7.729 Take Profit= 8.953 | 9.906 | 10.96 Stop Loss= 6.967 Risk/Reward= 1:1 | 1:1.96 | 1:3.02 Expected Profit= +12.47% | +24.45% | +37.69% Possible Loss= -12.47% Fib. Retracement= 0.382 | 0.5 | 0.681 Margin Leverage= 1x Estimated Gain-time= 480h
Long
by TradingOn
AAVE/USDT 45m (Binance Fut) Descending channel breakout & retestAave could be forming a bull-flag here (continuation), I expect a last pullback down to 200MA before the next big move up. Current Price= 56.971 Buy Entry= 54.837 - 51.837 Take Profit= 58.907 | 63.242 | 66.528 Stop Loss= 47.767 Risk/Reward= 1:1 | 1:1.78 | 1:2.37 Expected Profit= +10.44% | +18.57% | +24.73% Possible Loss= -10.44% Fib. Retracement= 0.382 | 0.618 | 0.786 Margin Leverage= 1x Estimated Gain-time= 72h
Long
by TradingOn
2
BAT/BTC 15m (Binance Spot) Bullish flag breakout & retestBasic Attention Token has just broken bullish and is pulling back to give us entry, time to get onboard for a scalp! Current Price= 0.00001323 Buy Entry= 0.00001329 - 0.00001319 Take Profit= 0.00001353 | 0.00001382 | 0.00001415 Stop Loss= 0.00001295 Risk/Reward= 1:1 | 1:2 | 1:3.14 Expected Profit= +2.19% | +4.38% | +6.87% Possible Loss= -2.19% Fib. Retracement=1.272 | 1.618 | 2 Margin Leverage= 1x Estimated Gain-time= 48h
Long
by TradingOn
XMR/USDT 4h (Binance Futures) Descending channel near breakout#Monero could take advantage of the current bullish momentum to make a new leg up. Since 200MA and parabolic curve seem to act as support, it would be the best place to enter in my opinion. Current Price= 122.11 Buy Entry= 121.07 - 117.87 Take Profit= 125.09 | 129.80 | 137.85 Stop Loss= 113.85 Risk/Reward= 1:1 | 1:1.84 | 1:3.27 Expected Profit= +9.40% | +17.30% | +30.76% Possible Loss= -9.40% Fib. Retracement= 0.236 | 0.382 | 0.618 Margin Leverage= 2x Estimated Gain-time= 240h
Long
by TradingOn
COMP/USDT 8h (Binance Fut.) Descending channel breakout & retest#Compound is pulling back to give us entry after that clear breakout of parallel channel. I believe this is a new opportunity to long it before a possible bull run! Current Price= 107.06 Buy Entry= 107.03 - 102.23 Take Profit= 116.77 | 123.26 | 133.20 Stop Loss= 96.51 Risk/Reward= 1:1.5 | 1:2.29 | 1:3.52 Expected Profit= +23.20% | +35.62% | +54.62% Possible Loss= -15.52% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin Leverage= 2x Estimated Gain-time= 480h
Long
by TradingOn
XRP BreakoutMy first prediction failed, but the bigger ascending triangle seems to work. Although there was a bearish breakout, the price came back in the triangle and broke the support zone. Bullish!!! Maybe the bullish Bitcoin movement helped a bit ;) My next target is 0.29500 USD. The 0.30000 USD could be a hughe psychological resistance. Caution when the support area breaks! My Stop is slightly underneath the triangle. A confirmation of the old resistance/new support zone would be very good.
BITFINEX:XRPUSDLong
by Blaudunst
RVN/BTC 1D (Binance Spot) Falling wedge breakout & on support#Ravencoin has been retracing for a long time now, a move up seems to be coming! Since it broke out already and it's on big descending channel support, that looks like a good buy zone. Current Price= 0.00000115 Buy Entry= 0.00000116 - 0.00000110 Take Profit= 0.00000128 | 0.00000144 | 0.00000162 Stop Loss= 0.00000098 Risk/Reward= 1:1 | 1:2.07 | 1:3.27 Expected Profit= +13.27% | +27.43% | +43.36% Possible Loss= -13.27% Fib. Retracement= 0.236| 0.5 | 0.786 Margin Leverage= 1x | 3x | 5x Estimated Gain-time= 2400h
Long
by TradingOn
7
A look at the Monthly Chart Symmetrical Triangle Pattern!We may come back down and retest the top trendline of the symmetrical triangle before takeoff but to me this looks like probability will favor and validate this pattern breakout. Being a monthly chart it may take several months to reach the breakout target but based on this simple macro pattern we are likely in for a very bullish 2021. Of course we are only just now on our confirmation candle for this pattern we must keep in mind that so far we only have 1 candle closed above it on the monthly..closing the current followup monthly candle above the pattern as well would be a very bullish sign in my opinion *not financial advice* if it were to hit its full target we should see price action reaching above 28k I'm guessing no later than Q2 of next year and a new ATH significantly sooner. *not financial advice*
COINBASE:BTCUSDLong
by DrDovetail
Monthly Candle Closes Above the TOTAL2 Chart's Dbl Bttm NecklineThe monthly double bottom pattern on the TOTAL2(Alt Market) has finally gotten it's first monthly close above the neckline. There are 2 possible necklines here a descending one(notated by a dotted yellow line) and a horizontal one (orange yellow). Both price targets for a breakout from each neckline are listed. Not quite sure which one is more legit but we are now on our follow up confirmation candle on the monthly chart. Probability of a confirmed breakout has greatly increased here but we should be prepared for a retest of the neckline and also a smaller possibility of a fakeout just in case.
CRYPTOCAP:TOTAL2Long
by DrDovetail
VET/USDT 3h (Binance Futures) Descending channel breakoutVeChain is looking bullish again and I'm expecting it to keep going up. We enter the trade just in time, now it already left Buy zone so you could wait for it to add more or enter now if you missed out. Current Price= 0.017973 Buy Entry= 0.017800 - 0.017290 Take Profit= 0.018745 | 0.019688 | 0.021085 Stop Loss= 0.016345 Risk/Reward= 1:1 | 1:1.79 | 1:2.95 Expected Profit= +27.36% | +48.84% | +80.72% Possible Loss= -27.36% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin Leverage= 4x Estimated Gain-time= 240h
Long
by TradingOn
ETH/USDT 3h (Binance Fut.) Descending channel breakoutIf you keep missing out with Ethereum, you'd better do something about it! This is another clear break-out to me and it could go for a new local high. Current Price= 407.59 Buy Entry= 407.60 - 396.00 Take Profit= 433.15 | 469.65 | 497.47 Stop Loss= 375.74 Risk/Reward= 1:1.2 | 1:2.6 | 1:3.67 Expected Profit= +25.96% | +67.56% | +95.24% Possible Loss= -25.96% Fib. Retracement= 0.786 | 1.272 | 1.618 Margin Leverage= 4x Estimated Gain-time= 240h
Long
by TradingOn
15
Weekly Chart Looks Extremely Bullish!Two simple patterns are all that's needed to be focused on right now on the weekly chart as we can see the weekly bull flag in yellow has clearly confirmed its breakout and we should see it reach it's breakout target of 14.4k! Also, by the bull flag reaching its target this should also fully validate and confirm this weekly inverse head and shoulders pattern I've been watching develop since last year and predicted would develop many many ideas ago. A fakeout still has a microcosmic chance of happening of course so we should always be prepared for the unexpected but now the odds tremendously favor the inverse h&s will be confirmed. So buckle up! It seems price action is about to go stratospheric!
COINBASE:BTCUSDLong
by DrDovetail
4