TomoChain TOMOUSDT - Impulse Elliott Wave + Ascending triangle- TomoChain TOMO - Rank #296 on coinmarketcap.
- TOMO looks very strong on the weekly time frame.
- We can spot an ascending channel, which provides us with a good support/resistance.
- Due to my Elliott wave count, we are currently in the 5th wave.
- RSI is ready for another pump very soon.
- The price is printing an ascending triangle - bullish continuation pattern!
- 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"!
Bullish Pennant
Bearish Pennant on AUD/JPYA bullish pennant that has formed on the daily chart of the AUD/JPY currency pair complements the bullish flag on the USD/JPY chart of the same timeframe. One should be very careful entering these two correlated trades to not over-risk their capital. The pattern can be used for a trend-continuation breakout trade if a candle close well above the upper border of the pennant. The pennant and its pole are shown with the yellow lines. My potential take-profit level is marked with the green line. My potential stop-loss level is marked with the red line.
Ethereum ETHUSD - Road to 20 000 USD! + NEW ALL TIME HIGH!- Ethereum looks very strong from the technical perspective on the weekly time frame.
- The price is above the ALL TIME HIGH from 2018, which is very bullish of course.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- The ascending channel fits absolutely to the dollar on the LOG scale!
- RSI is ready for the another pump to the upside very soon.
- If you want to see more of these ideas, hit "Like" & "Follow"!
0x ZRXUSDT - Elliott Wave + Rising wedge- 0x - ZRX - Rank #101 - Token
- ZRX is very bullish on the weekly macro scale.
- We have a rising wedge, that greatly holds support.
- Bullish volume is higher and RSI is prepared for a pump!
- Profit target 1:1 fib extension or top of the wedge
- 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"!
BitTorrent BTTUSDT - Bull flag- BitTorrent - BTT - Rank #61 - Token
- BitTorrent is the most popular torrent client (together with uTorrent).
- On the chart we can see a bullish flag , which is currently breaking out!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- The price retested the ALL TIME HIGH level, we can clearly see a sign of interest at this point.
- 1600% gains is possible in next months, so be prepared!
- If you want to see more of these ideas, hit "Like" & "Follow"!
ANKR/USDT : Breaking the pennant, Possible 300% growth !BINANCE:ANKRUSDT
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 !
#ANKR is moving in a bullish pennant which is almost reached to the apex of the pennant and it can lead the pair above the pennant after 4 failed breakdown attempt on the lower trendline of pennant.
The height of the flagpole is measured around 2653% which is going to make a target with more than 300% possible profit after breakout confirmation !
Now let's head to our data, We'll check #ANKR's status with Technical indicators and oscillators; classical support and resistance, Fundamental analysis and some Insider info 👇🏼
📚 Support and Resistances :
- 1st support zone is standing right below the pennant located at ( $0.08130 - $0.07420 ).
Support can also can form the fake out for bear trap if the breakdown happens, So we won't take any SHORT till we get a confirmation below this zone.
- 2nd support zone will be the target for bears below the 1st mentioned one; It's located at ( $0.03520 - $0.03177 ).
- There is only a resistance zone before reaching the ATH's resistance, This zone has formed by a 4 candles order block at ( $0.15391 - $0.16762 ).
- The ATH's resistance is standing at $0.19070.
📚 Technical Indicators and Oscillators :
-MACD : Histogram is gaining bullish volume and signal line is breaking above the bearish zone, Also MACD line is standing in bullish zone currently.
-Volatility : There's a bullish crossover on the volatility lines and it's a buy signal for swing traders.
It's better to wait for next daily candle !
-EMA100 and EMA200 : Recently, #ANKR has broke above the EMA100 and now it's supporting the movement and also EMA200 is impacting the movement in macro view as support !
-RSI : RSI is suggesting that bulls have the upper hand, But as it reached the buy limit zone and Bollinger Bands higher in volatility's oscillator; It's better to wait for the breakout above the pennant or a hold at the bottom of pennant or support zone.
-VPVR : #ANKR is breaking above the visible range's pressure zone and after a hold above the POC, It'll confirm the bulls strength and we can enter the pair immediately.
📑 Conclusion :
#ANKR is moving in a bullish pennant, The main target of pennant is $0.29000 and the targets of FIB extension are $0.24660 and $0.36300.
Based on technical indicators and oscillators, Bias is mostly bullish, But we need to wait for a breakout confirmation before any taking position !
🔴 Any breakdown below the support zone, Will cause a drop to the middle of flagpole on daily order block...
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
Bullish Pennant spotted on AUDJPY H4Bullish Pennant spotted on AUDJPY H4. If AUD continues to remain strong and JPY weakens then we could accomplish this Bullish pennant
Bullish Pennant spotted on NZDJPYBullish Pennant spotted on NZDJPY H4. So far as NZD stays strong and JPY weakens this bullish pennant could be accomplished
Weird... Everyone want's in the Dawg houselooking like a bull pennant on the 15 min. looking left which i left out here... we've got some resistance here in this range.
BTC - Bear Pennant RejectedThe .236 Head and Shoulders break target held with a wick; then a move to the upside off the apex of the consolidation pennant. The H&S Pattern is now in the books; confirmed with the shallowest of retracements. Now tracking the beginnings of a Bull Flag. The Bull Case sees continuation through the bull flag; a back test of the H&S neckline is also a spot to watch as that zone has been a place of demand.
Ethusd Appears 2b confirming bullish breakout of Bullpennant andAlso confirming the bullish breakout of its triple bottom! The dotted green line shows us our bull pennant measured move target and the dotted grey line takes us to the breakout target of the triple bottom. In, reaching our triple bottom breakout target it should very likely confirm the breakout of the bullish pennant as well and continue to send ethereal to new all time highs. *not inancial advice*
AXS BULLISH PENANTAXS is looking bullish within a BULL PENNANT.
Target 1 - $140-145
Target 2 - $150-155
Major Target - $190
Trade the bottom SUPPORT of the BULL PENNANT or the breakout.
NFA!
Monero XMRUSD - Weekly cup and handle!- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- 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"!
FIO Protocol FIOUSDT - Ascending and Symmetrical Triangle +1500%- FIO Protocol (FIO) - Rank 425 - is a blockchain protocol that aims to enable a better way of sending/receiving coins and tokens.
- From the technical perspective, we can see an symmetrical triangle on the daily chart.
- Also we can spot an ascending triangle, which is very bullish with the combination of the symmetrical triangle.
- Profit target is 1.618 FIB and volume is bullish!
- 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"!
PolkaDot DOTUSDT - HUGE Secret Ascending Channel + New ATH soon- Polkadot is strong on the daily timeframe , as we can see.
- The price broke out of the bullish falling wedge and now is unstoppable!
- On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance.
- Target top of the chanel or 1:1 fib extension on the daily chart.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, the correction is totally over and we can expect a higher prices!
- If you want to see more of these ideas, hit "Like" & "Follow"!
Link LINKUSD - Ascending channel + next wave profit target! - Link is very bullish on the weekly time frame.
- If you take a look at RSI we can see, that this oscillator is ready for another pump!
- Previous swing high acted as a support + bottom of the channel!
- Target is top of the channel or 0.618 FIB trend-based FIB.
- We can spot an ascending channel forming on the weekly timeframe .
- 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"!
Bitcoin BTCUSD - Parallel Ascending Channel + Next target- On the chart we can spot a valid ascending channel on the 1h timeframe.
- As we can see, we have 7 touch points.
- ALL TIME HIGH Resistance is 64 800 USD, which is actually very close.
- 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"!
Litecoin LTCUSD - Secret ascending triangle + new ATH soon!- If we take a look at the chart, we can definitely spot an ascending triangle .
- We have very important double top resistance right at the ALL TIME HIGH level.
- Litecoin (rank 15) is prepared for a huge pump!
- We need litecoin, because bitcoin transactions are very expensive.
- That's why everybody uses litecoin at this moment. (Paypal, ATM machines etc..)
- RSI is prepared for a next pump!
- 1:1 FIB extension = 1750 USD Profit target.
- 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"!
Bitcoin BTCUSDT - Parallel ascending channel + New ALL TIME HIGH- This is a valid ascending channel on the 4h timeframe.
- As we can see, we have 4 touch points.
- ALL TIME HIGH Resistance is 64 800 USD, which is actually very close.
- The rising wedge broke to the upside recently and successfully tested the structure.
- 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"!
Ethereum ETHUSD - Inverse Head and Shoulders, new ATH soon!- Ethereum is now on FIRE!
- The price is breaking out of the inverse head and shoulders - bullish reversal pattern!
- I can see a new all time high very soon than expected.
- Profit target - top of the channel.
- Stop loss below 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 ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
SHIB bullish divergenceGot this nice bull pennant, and also bullish divergence on 6hr chart. Could go up If "someone" doesn't trigger selloff to buy cheaper SHIB... Good luck traders
BTC Bull Pennant: Get Ready fopr Extreme PumpageBTC has just made a bull pennant on the 4 hr timeframe with a MASSIVE breakout target of 63.8k.
Triangle morphs into falling wedge retains pennant shapeThe triangle btcusd’s priceaction has been in for awhile is now appearing to morph into a falling wedge on the 1 day chart. We are looking at the weekly chart though to show how that falling wedge is also part of a bigger bull pennant. I made the pole of the pennant lavender and the wedge yellow. The red line represents the neckline of a 1 day chart head and shoulders pattern. The wedge has yet to be fully validated yet..still looking for one more touch of one of the wedges trendline on the daily chart to confirm but odds are good it will. Another reason i chose to show the weekly chart here instead of the daily chart is to show you that the 50 weekly ma (in orange) is still providing powerful support. If it continues to hold such support then we will indeed break up out o the pennant/wedge. I placed the measured moves of such a breakout at the convergence of the red neckline of the potential head and shoulders pattern and the yellow top trendline of the wedge. My presumption is that if the orange weekly 50ma maintains support it will likely help push the price out of the pennant/wedge right at that convergence point or possibly a few candles sooner to get ahead of the herd. If it does break out at that convergence point I have put a dotted line to chart the measured breakout move target of both the wedge and the pennant right at the point of convergence. The dotted purple line leads to the pennant’s breakout target. The dotted yellow line leads tot he projected falling wedge breakout target. If we breakout before the point of the converge the measured move targets for each will of course then be slightly higher. As always we must be prepared however if it does break below the red head and shoulder neckline. I wouldn’t be convinced it’s going to break down however unless we were to lip the weekly 50ma to solidified resistance first. Keeping this idea neutral for now until I see a confirmed break one way or the other. *not financial advice*
