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Bullishbreakout

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
$ENPH possible bullish #breakout from C&H pattern on daily$ENPH has a beautiful cup&handle pattern from where it has tried several times to breakout MACD looks very good crossing up and turning positive, RSI is at 69 but this stock has a history of melting up in overbought area Company had ER yesterday , beating the expectations and the move up was on 2.5 times more than the 20MA VolAvg Also worth noticing the 20EMA crossing the 50 EMA a month ago and the reason I am bringing that up is that on the previous 2 dates when this happened the stock rallied from 22 to 59 ( that is 2X) and respectively from 36 to 70 (also 2X) Coincidence or not the measured move from the breakout of the pattern is 96.81 (last 20/50EMA cross stands at 48.63 and if recent history repeats 2X means... you got it 96+) Good luck, TA
NASDAQ:ENPHLong
by RA_Capital
Falling wedge on XRPETH suggests 130-140% gains for XRPLooking at the weekly chart here we can see the XRPETH chart is reaching the apex of a falling wedge its been in for quite some time. Should this see a bullish breakout upward we could see XRP make 130-140% gains against ethereum based on the measured move for the wedge. This pair's chart can be harder to predict than normal usd, btc, or tether paired charts but on the 1 day chart xrpeth is currently holding support above the 1 day 50ma. If it can maintain that support then we should see a bullish breakout from the wedge. We must keep in mind that often wedge breakouts only reach 60% of the measured move, but I've also seen plenty of wedges reach their exact targets and quite a few exceeding those targets as well and considering we are just now seeing the bull market begin it should increase the likelihood of this pattern reaching its target. Also XRPUSD is days away from the golden cross to put it in an official bull market which lines up pretty well confluence wise with where this wedge pattern would break upward.
Long
by DrDovetail
XRP Breaks above longstanding resistance line; goldencross nearswe can see Xrp has finaally broken above this white ascending trendline that has been acting as super strong resistance for quite some time now and has done so with authority. The next notable resistance is a horizontal resistance line at .357 (in turquoise). My take profit target for this breakout is just below that at .342. We can see XRP's golden cross is fastly approaching but with this much bullish action before the cross it would not surprise me if it pumps until the cross and then once the cross happens we see a small correction my guess is probably no farther than back to 27 cents or so. Not financial advice of course only my opinion. Thanks for reading! Happy bull run!
POLONIEX:XRPUSDLong
by DrDovetail