Algorand could breakout anytime$ALGO has been lagging behind in price action lately, after a pullback from it ATH of $2.50 level.
A symmetric wedge is currently forming on the daily chart, and with Bitcoin being pumped about 15-20% since last week, it time for money to enter alts.
With excellent technology and fundamentals $ALGO is comparable to the likes of $ADA (Cardano) which currently captures approx 70B market cap.
Short term: ATH coming soon, Medium term: I see $ALGO going up to $8-$10
Bullish Flag
TSLA levels and projectionsThe only thing to fud this up is Elon tweeting and selling his remaining 5 percent he needs to sell. In the meantime, that can happen within 2 days or 2 months. Until he needs to pay taxes So I'm just gonna ignore it for now and just play cautiously
Bear case:
~IF TSLA breaks the red support line we could see a dip back to 1000
~Note 1000 is a huge psychological level of support and will most likely be bought up if it dips below.
~As we have reached a higher high, I would not anticipate to see price going lower than 1k even disregarding mentality.
Bull case
~if we break above the green line, we broke out of a bull flag.
~We could rise to fill the gap at 1200
~We will meet some resistance at the 1126-1130 zone, but if that is broken, we officially have an inverse Head and shoulders on TSLA.
~Expect resistance at 1130, and if so be prepared to be trading in an upwards bearish wedge.
Bullish Flag formed On LiteCoinLooks like a clear bullish flag formed on LTC/USD
Price is bouncing off support and the half way mark on the Fib from the previous highs in early May.
Lot's of potential here as price nears oversold on the RSI with possible divergence occurring on the 15 min., MACD suggest some upward momentum.
Stops under support.
Going Long to TP $400's, First Tp goal around $280 resistance.
Bitcoin BLX - 400 000 USD (April 2022) + Monthly Channel!- A lot of people think that the end of the cycle will be in December 2021.
- In my opinion, its not true.
- As per my parallel channel on the monthly scale, we can hit 400 000 USD (in April or later 2022).
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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AXS/USDT : Same similarities on flags BINANCE:AXSUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#AXS is moving in a bullish flag and the movement shows some similarities based on recent movements fractal.
- The recent formed bullish flag.
- Double mores Flag poles.
- Same Demand bases and reactions.
- Same failed attempt on different market structures.
- Lowered the price level after on 4rd failed attempt.
- Same range zones on BTC's pair.
The higher Notes are the similar factors on the current bullish flag formation with the last one !
Based on the repetition; We may see a rejection on the current bullish flag and see the continuation of upward movement after it.
But there'll be other option as we talking, A breakout above the bullish flag and according to our historical fractal, Our minimum target for this bullish flag will be $186.41 and set $246.82 as our final target...
📚 However AXS/BTC has found a Demand zone and support on below, and It can surge to the higher levels too :
#AXS has moving above a 12H's Demand zone and it can outperform #BTC after a successful retest, Although any breakdown below the demand zone, Can be fake because of range's lower.
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
BTC BREAK OUT EXTRIMELY BULLISH
BTC broke out
retesting the $61.8k
support the lower support levels are $61.8k and $60.8k
Buying BTC on these levels will be a smart idea .
The price must bounce from any of these three Level's and rally to $70k+
Once we break that from $60.8K - $61.8k - $64.8k level in weekly BTC could break $70.8k easily.
All we need is more volume .
CAUTION:- It is also important to keep booking profits on your trades since the market is at extreme greed.
I'll keep posting updates on this one.
Do hit the like button if you want me to post more updates on this.
Stay tuned
NiMNIM
BOSON is a newly found baby - its even better than I thoughtDid some basic TA. I find this coin with a very low supple going to sky easily. Just speculation ofcourse.
+ very low supply (60Mil) and super low price.
+ I dont really know about fundamentals much but as much as I googled and youtubed it is
being named as the amazon of crypto world.
Its going to go up to 10$ easily in my opinion.
Dash DASHUSDT - Huge Ascending channel!- Dash DASH - Rank #71 on coinmarketcap
- On the weekly chart we can spot a huge ascending channel
- The price respects a support trendline
- Profit target is 1:1 extension or top of the channel
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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SDC Holders will smile again!!!SDC was smashed very hard , now its a safe bit to enter a worthy trade , price target and SL are shown on the graph .
Keep in mind this is one of the top trending stock in WSB.
Trade safe
The hidden gem is Ready to explode Easy & risky trade
Price target as shown on the graph
Loss is 5%
Gain is 40% and above
Does it worth a try! Think about it and trade safe
EURGBP It Will Head UpwardWelcome back!
Please support this idea with a LIKE and COMMENT if you find it useful.
*****
EURGBP is presently bullish on the Daily and rejecting the 50 % fib. If the current daily support holds, price action should push upward back to previous resistance for the bullish continuation.
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!
- BKH
Litecoin LTCBTC - Falling wedge + bullish divergence! (Weekly)- On the weekly scale we can spot a huge falling wedge - bullish pattern.
- RSI indicator is printing a bullish divergence.
- Profit target is 0.618 FIB retracement.
- Litecoin can explode anytime right now!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
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USDJPY-Weekly Market Analysis-Nov21,Wk3USDJPY Flag Pattern stands, but it took a turn and change to the flag pattern with retracement and not the high and tight flag pattern.
Base on the 4-hourly chart, it has broken and closed above the channel, but it does break and close below the channel too, however, there's nothing to be worried about.
If you are waiting for a more conservative approach, you can wait for the Inverted Head and Shoulders trading setup that completes at 113.46.
While this Head and Shoulders doesn't meet my trading setup, look left of 113.46, it happens to be a rather good support level for a trend trading setup.
$USOIL double-top on a gradient -> $60, or bullflag?Tricky... I'm bullish oil... but it looks liek its rolling over.
COmpare the 2 bullflags, and uou see the top one has a FBO from the inner core - not just retesting, but all of the way back. It's v weak.
MACD turned bullish.
AND the thick green line at $60 is a major BO line, so a backtest for an epoch change is def a possibility.
Trust Wallet TWTUSDT - Secret GEM +1200% + Symmetrical triangle!-Trust Wallet Token - TWT - Rank #245 - Token.
- The chart is printing a huge symmetrical triangle. which is currently breaking out!
- First Impulse Elliott Wave finished succesfully.
- RSI is ready for a breakout to the upside.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
- Profit target is 1.618 FIB - around 17.5 USD!