Bullish Trend Line
BTC/USDT forming a rising wedge patternBTC looking bullish and forming High highs and High lows in 4H and 1H charts. BTC tried to break the 50k resistance multiple time and just below 50k and moving in an uptrend. We could see it breaks the 50k and then break out to 54k. If BTC breaks downwards we could see a bounce back at 48k (usually we have seen bearish breakouts with rising wedges so be cautious)
Bullish MomentumAs anticipated price bounced of the golden ratio area, a gave us a nice buy momentum, targeting the previous highs.
Link LINKUSD - HUGE parallel channel + new ATH soon!- Link is very bullish on the weekly time frame.
- Target is top of the channel or 0.618 FIB trend-based FIB.
- If you take a look at RSI we can see, that this oscillator is ready for another pump!
- We can spot an ascending channel forming on the weekly timeframe.
- Previous swing high acted as a support + bottom 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 ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Link LINKUSD - Road to 100 USD! + Massive parallel channel- 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"!
XTZ/USD: Bullish trend continuation!!!I look that Tezos it's showing a good trade to long position in this cryptocurrency.
So, it's so easily, I put a buy order limit around of $3.19 USD, my SL at $2.92 USD and target at $3.96 USD. This it's a risk/benefit of 1:3 proportion. That it's a very well to trade Tezos!!!
And also, in Daily timeframe, I see that Tezos it's extremely bullish, we formed this bullish rising wedge and Tezos it's leading around of $4.40 USD in short term.
JM FINANCIALHye friends
Keep eye on JM financial. it can give breakout on monthly chart basis.
One can long in this stock after 102 price. Be cautious while taking position. it needs to sustain. Quantiti should not be more than 500.
Entry will be above - 102
Sl - entry day daily...low
Target - Let it go...let it fly freely
Make position as per your risk reward ratio.
This is only for educational purpose, take advice from your financial advisor before taking any position.
Thank you.
WABIBTC is creating a falling wedge 🦐WABIBTC is creating a falling wedge below the weekly resistance. IF the price will have a breakout and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
BZRX/USDT : Targeting next major resistance after a retest... BINANCE:BZRXUSDT
Hello everyone 😃
BZRX had a pullback from it's broken bearish trendline.
Now there are two located zones.
- Heavy support zone which is acted as a great reversal point..
- new resistance zone which formed cause of recent rejections on daily candles..
MA 50 has reached movement and it was control movement as a support !
Also there is a bullish trendline which has approached movement already.
📌 Bullish factors are winning in this scenario but the last thing is BTC.
🔴 60K is an important resistance for BTC;
Any minor rejection can change the market's direction for couple of months !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
GNT-USD ESCALATION IN 2021 BULL CYCLE Coinbase Chart I started buying GNT one year ago, when it was at $ 0,033.
On Nov. 2020 it started from 0,072 and, as most of altcoins, in February it made a local High at 0,799, more than 10x in three months!
Since then it has been accumulating in ascending triangles, on the way to fill the gap with the last High.
Next target to consider:
1. $ 0,8
2. $ 1
3. S 1,2
4. $ 1,5 could be the last stop in the medium term.
It would turn into a bearish scenario in case one daily candle would close below the blue trend line or below 0,45 at the time of writing.
UMA/SUDT : Breaking out from resistance zone BINANCE:UMAUSDT
Hello everyone 😃
UMA is breaking current resistance zone !
It could have another retest on lower bullish trendline and bounce again from MA100.
There are 4 located factors that makes UMA bullish :
1️⃣ Volatility is being bullish
2️⃣ MA 100 is supporting movement
3️⃣ MACD is had a bullish crossover
4️⃣ There is bullish trendline which is located below UMA's current level
🔴 BTC's funding is high and it's at Greedy stage !
So set tight SL for short-term and mid-term positions...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
QTUM/USDT : C&H formed in high TF and a bullish flag on lower TFBINANCE:QTUMUSDT
Hello everyone 😃
QTUM had a Cup & Handle formation on 12H TF.
Also it had a breakout from bullish trendline on 4th April !
Now on lower timeframe :
It has formed a bullish flag !
📌 All of the signs are strong bullish and it could be safe to take long after breakout confirmation...
📍 QTUM's C&H pattern wasn't valid enough , But we can count it for bullish sign ;)
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
BTC Bullish Trend Line BreakLooking pretty decent, not hodling my breath for new ATHs, but it would be funny if a lot of folks were ready for "altseason" and overly divested of Bitcoin at this time...
I don't say funny because I want people to lose money, but funny because I think group-think and scripted thinking are potentially financially dangerous. Feel free to not follow me if you don't appreciate the insights.
BTMXUSDT has nice bullish situationIf price could break out top of rising wedge it would be bullish and make 137% profits.
Gold rejected on BIG demand and BIG supportAfter 8 months of bearish trend, as you can see gold made bullish falling wedge pattern. And it has reached good support and good zone also rejected on it. What a good setup. XAUUSD is on a price which can be beginning of uptrend for next few months. And don`t forget it is an idea, not a signal. Hope you guys enjoy it.
Elrond EGLDUSDT - Bull Flag + Elliott Wave, BREAKING OUT!- Elrond is pumping hard recent months and this trend should continue!
- As per my Elliott Wave count, i am expecting one more 5th wave to the upside.
- Out profit target can be top of the trendline, 1:1 FIB or 1:618 FIB (conservative target 0:618 FIB)
- The price is currently breaking out of the bull flag on the daily timeframe
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓
- The blue trendline really should hold for continuation to the upside.
- If you want to see more of these ideas, hit "Like" & "Follow"!