TOTAL - Crypto Total Market Cap - MASSIVE Ascending Channel! - The chart is printing a HUGE ascending channel on the 4h timeframe!
- As we can see, the channel has 6 touches (2top, 4 bottom).
- Next target is top of the channel or 1:1 fib extension.
- Due to my Elliott Wave count, we have next wave in progress.
- 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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Bullish Pennant
Hifi Finance MFTUSDT - Bull flag, MASSIVE wedge +2000% gains!- Hifi (formerly Mainframe) - Rank #333 - is a Lending Protocol that allows anyone to borrow against their crypto.
- On the chart we can see a wedge and a bull flag, which is very bullish!
- Profit target is top of the wedge for massive gains.
- Bullish volume is higher than bearish at this moment.
- 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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Bitcoin BTCUSD - Rising wedge (fake) + 0.618 FIB resistance- If we take a look at the chart, we can spot an rising wedge, which can be a fake bear trap.
- Looks like the trendline since April 2021 is breaking out!
- Also the price printed an inverse head and shoulders pattern.
- The price is fighting with the 200 daily moving average.
- We have a great multiple support around 41 000 to 45 000 USD.
- 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 Loading up for a big move!Here's a quick look at AXS 1 hr chart. As we can see, the price has printed a bull pennant and we should see a breakout soon! The best entry would be, when the price breaks above the bull pennant with good amount of volume .
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The idea is: Buy the breakout from the bull pennant and take profits at the levels shown in the chart.
Targets:
1. 80
2. 85
- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Metal MTLUSD - Bull flag +2000% gains!- Metal MTL Rank #184, Volume 24h $327,375,718.
- On the chart we can see a bullish flag, which is currently breaking out!
- New All Time Highs very soon.
- Target is 1:1 fib extension, RSI is prepared for the next pump.
- we had 3 years of consolidation in the rectangle / head and shoulders 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 ↓
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Uniswap UNIUSD -1000% is near, Elliott wave + Triangle!- UniSwap looks very strong on the daily / weekly timeframe.
- On the chart we can spot an ABCDE triangle, that is currently breaking out!
- Due to my Elliott wave count, i am expecting next Impulse wave to the upside, which will be huge!
- Next profit target is 1:1 FIB trend-based fib extension.
- 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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Tezos XTZUSDT - Ascending channel + Next target- Tezos XTZ Rank #45, Volume 24h $141,285,330.
- On the chart we an spot an ascending parallel channel.
- RSI is prepared for another pump.
- Last time - Rejected by 0.786 FIB and ascending 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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AAPL Reversal(bullish)AAPL has shown multiple signs of being bullish. AAPL's chart can be seen to display a bullish chart pattern called the bullish pennant. Not only do we have a bullish chart pattern but we have seen a reduction in selling momentum on the daily and 4h time frames. Watch for a breakout. Although we are seeing multiple signs of bullishness, it is best to wait for greater confirmation.
Bullish Signals
-Squeeze indicator
-Oversold Willy
-Bullish Chart Pattern(pennant)
Tron TRXUSD - Massive Ascending channel + Impulse Elliott Wave!- On the chart we can spot an incomplete Impulse Elliott Wawe (5th wave).
- Rounding bottom or cup and handle is also printing at the chart.
- Target is 1:1 fib trend-based extension + top of the ascending channel + 5th elliott wave
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- Huge bullish volume is also one of the positive signs!
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PolkaDot DOTUSDT - HUGE Secret Parallel Channel on the Daily!- Polkadot is very strong on the daily timeframe, as we can see.
- The price broke out of the bullish falling wedge and now is unstoppable!
- On the largest time scale, we can spot a huge blue parallel channel, which acts like a support and resistance.
- 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!
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Ethereum Classic ETC - MASSIVE parallel channel + TRIANGLE!- We have a huge parallel ascending channel on the daily chart, which provide us with great support/resistance!
- Bullish volume is much higher, than bearish volume!
- Ascending triangle is also very bullish!
- The price is above 200 daily moving average.
- 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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Cardano ADAUSD - Road to 10 USD! Elliott Wave + Rounding Bottom!- Cardano is currently breaking out of the symmetrical triangle!
- Symmetrical triangle - The price is creating higher lows and lower highs.
- Also, the price is above the ALL TIME HIGH level, which is very bullish.
- We will experience an acceleration to the upside in a few days!
- Cardano made a huge rounding bottom or cup and handle on the weekly time frame.
- 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, we are currently at the 5th impulse elliott wave!
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Doge DOGEUSD - Bull Flag is breaking out! New ATH soon!- Doge is currently breaking out of the bull flag / wedge as we can see on the 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 ↓
- 200 daily moving average & 0.236 fib act as a SUPPORT in this case.
- However the price broke down of the ascending channel, which is sign of weakness.
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DEEPAK FERTILISERS - Bull Pennant Breakout - Swing TradeThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
The stock is backed by good fundamentals. Upmove has been well supported by Volume.
Entry and SL is explained in image itself. Target as per pattern is also shown in the image itself.
To get an overall view of the stock movement, check the below image as well.
[ b]The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
Silver to gain 50% by end of September? Bullish pennant Potential bullish pennant for silver (Have been watching for 3 months now)
I think this is the last higher low before we send it to $37 by the end of September for a 50% gain
Using a Gann Fan it would seem the pole, target, and time line up for mid September
Ethereum ETHUSD - Road to 10 000 USD! + HUGE Ascending channel!- Ethereum looks very strong from the technical perspective.
- 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 ↓
- Also the price is above 0.236 fib, 20 weekly moving average and the blue ascending channel!
- RSI is ready for the another pump to the upside very soon.
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DFI.Money YFIIUSDT - Rectangle Bottom Formation- On the daily chart we can see a rectangle formation, which usually leads to explosive moves!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- Target 1 is 0.618 FIB and target 2 is below all time highs, but I beliave the price will be much higher than that.
- Check my related idea about DFI.MONEY vs BTC in the related section!
- YFII is really ready to pump very soon!
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BitTorrent BTTUSDT - Bull Flag + 1000% gains!- 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.
- 1000% gains is possible in next months, so be prepared!
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