30% Profit on ADAUSDT BREAKOUTIn my previous analysis, we took profit on channel breakout in ADAUSDT. Now we have a triangle breakout. High volume confirm the breakout. Based on average triangle height, it can go 30% upward.
But don't rush on entry. Wait for a pullback and then get inside. As you know your stop loss is under triangle top.
Chart patterns
$AABB PT .54 and higher...LAS VEGAS, April 08, 2021 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) ("AABB" or the "Company") is pleased to announce that the Company is finalizing the appointments of new management personnel this month. As AABB moves forward with the development and expansion of mining operations, AABBG gold-backed cryptocurrency and administration initiatives, the Company requires added expertise and professional supervision to achieve its goals. Concurrently with the upcoming management appointments announcement, AABB will be publishing a new website with comprehensive information highlighting all aspects of the Company. Furthermore, subsequent to establishing the new management transition, the Company plans to release an audit status update.
About Asia Broadband
Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the Company and creates distinctive value for shareholders. The Company has recently released its freshly minted mine-to-token gold-backed cryptocurrency AABB Gold token (AABBG) and strives to become a world-wide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies.
ADA Making Moves. Eying ATH and moving towards next price targetSupports set on the 38.2% and 50% Fib levels.
Currently on the upswing to the current ATH.
Momentum might be carried by the sheer amount of news coming out.
Can't wait for the Smart Contracts FUD to get squashed once and for all (might ignite a rally to the last point on the chart, who knows).
USD/JPY - longWe could see a retest of previous resistance here at 109.25 followed by rejection and continued bullish movement.
Will look for:
- Rejection off of previous resistance
- Rejection off 61.8% Fibonacci level
- Bullish confluence among indicators
- In line with the current uptrend
- Bullish fundamentals
GBPNZD > Trading Plan for A Buy!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #GBPNZD
Hello friends.
At support level also trend line support near 1.9500 phycological number.
Looking for a bullish behavior to get in a buy trade if the rules are met
Safe trading everyone
Check today analysis below⠀
>> One trade must not make you, one trade must not break you
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
CAKEUSDT ready for BIG pump after head-and-shoulders completionAll models are wrong, but some are useful. This is not financial advise, nor am I a financial advisor.
This is an update on my previous CAKE/USDT idea! (See related ideas)
After completion of the fractal head-and-shoulders (part of bigger head-and-shoulders trend) possible outbreak at target of 15.800
If you have any criteria or new ideas feel free to let me know! :)
BTC Bitcoin Dominance Failing. Head and Shoulders Pattern Now OnGreetings Traders,
I have patiently been waiting for this pattern to play out. It has now been confirmed.
THE REAL ALTCOIN SEASON HAD BEGUN!
One word of warning though, don't be greedy. I do believe that this altcoin season will be quick, maybe less than 2 weeks? I expect most coins to pump and 2x their price from current levels. So, after your coin of choice has pumped, be quick to take your profits. Don't hold on this pump unless you are a HODLer and not a trader.
Best of luck traders!
$XRP PT .90-1.15 next leg up, momentum in up-trending channelRipple’s XRP slipped by 0.04% on Thursday. Partially reversing a 1.14% gain from Wednesday, Ripple’s XRP ended the day at $0.57008.
A bullish start to the day saw Ripple’s XRP rally to an early morning intraday high $0.59411 before hitting reverse.
Ripple’s XRP broke through the first major resistance level at $0.5900 before sliding to an early afternoon intraday low $0.54864.
Steering clear of the first major support level at $0.5390, Ripple’s XRP recovered to $0.57 levels to limit the downside.
At the time of writing, Ripple’s XRP was down by 0.27% to $0.56856. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.57270 before falling to a low $0.56828.
Ripple’s XRP left the major support and resistance levels untested early on.
For the day ahead
Ripple’s XRP will need to move back through the $0.5709 pivot level to bring the first major resistance level at $0.5932 into play.
Support from the broader market would be needed, however, for Ripple’s XRP to break back through to $0.59 levels.
Barring an extended crypto rally, the first major resistance level and Thursday’s high $0.59411 would likely cap any upside.
In the event of an extended rally, Ripple’s XRP could test resistance at $0.62 levels before any pullback. The second major resistance level sits at $0.0.6164.
Failure to move back through the $0.5709 pivot would bring the first major support level at $0.5478 into play.
Barring an extended sell-off, however, Ripple’s XRP should steer clear of the 23.6% FIB of $0.5320. The second major support level sits at $0.5255.
Looking at the Technical Indicators
First Major Support Level: $0.5478
Pivot Level: $0.5709
First Major resistance Level: $0.5932
23.6% FIB Retracement Level: $0.5320
38.2% FIB Retracement Level: $0.4632
62% FIB Retracement Level: $0.3521
JPPowerJppower is a hero or Zero stock (highly risky bet can become zero)
Reasons for selecting this stock:
1.Technically forming Head and Shoulders pattern target could be RS10 minimum 1yr holding
And longterm (3yrs target -25)
2.jppower management continuously putting lot of efforts to reduce debt and their efforts are reflected in their hardwork .
3.JPPower management and ICICI securities reduced debt from 11000crs to 5000crs through Debt Restructuring method in 2020 and Again reduced 299.51crs debt this year(March 2021)so Net Debt remaining (5000crs-299.51crs=4700.49crs approx)
4.ICICI Securities has approx 12% stake in jppower which is a positive indication.
UPDATE - XAUUSD PRICE WENT IN FAVOUR OF OUR WEEKLY PREDICTIONAs I said on 28th March, XAUUSD price has went in favour of our SELL possibility and hit my targetted profit level of 1680!!!!!!
With my busy schedule, I'll try to update on every idea I'm publishing and have published so far, even though they have gone against the prediction, I'll share what went wrong and what I learnt from my mistakes!!
Please note that I'm taking sniper entries in lower time frames, based on my higher time frame analysis!!
Please like comment and share your ideas, and don't forget to follow!!!
OXTUSD Orchid Ready to Explode $1.25 by April 15th!Morning Traders,
You can see in my "Link to Related Ideas" section below that I have been tracking OXTUSD for some time now. OXT moves fast! Probably, faster than many other ALTS (at least on Coinbase) and that is simply because it is one of the ALTS with the least amount of market cap, though that has been changing over the last few months.
There is now a preponderance of charting evidence leading me to believe that OXT's time is imminent. And if you look at my past idea below: "OXT - The case for $1.25 PRICE TARGET!" I show why the price target of $1.25 is reasonable and the time of around mid-April is the perfect time to hit this target.
Once OXT breaks through the descending GREEN resistance of the current triangle it resides in, I will pick up a little more. This is our signal that it is "GO TIME".
I will then hold till around $1.00 where I will probably begin to take profits. Then again at around $1.15. A big chunk at $1.20 and then finally, most of what's left at $1.25. I will hold a small amount more for the possibility of exceeding this price point, which I have also made the case could likely occur. In fact, my suspicion is that OXT could even hit the $1.40 mark!
This is a 2-3 week swing trade friends.
Please let me know how it goes for you all and if my idea helped you in any way!
I wish you the best!
$SOLUSD - Retest of the dynamic resistanceHello everyone!
I would like to congratulate Solana and all SOL lovers with the breakout from the triangle pattern and would like to attract your attention on the fact that currently the pair is testing the dynamic resistance as support.
Hence, we are looking to long Solana here, see targets on the chart.
Good luck!
USDJPY > What to Expect from This Market !?Thank you for taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
Analysis up on #USDJPY
Hello friends.
this was a monster move for USDJPY, but are we done on the upside!?
Honestly, I do not like picking tops or botoms, but let's see what the market has done and what it might do!?
>> each time the market test the trendline resistance it faces rejection and move down to the downside
>> each time the market moves 400 pips or more from its 200 moving average it drops back to its MA or below it, but why? we all know that the 200 MA is very important to traders and it acts as gravity it pulled the price towards it
>> Look at RSI how it dipped back to below 80 while the market is making new highs, this is called RSI divergence.
>> the market is near a very important number for BOJ 110, so it will be interesting to see how the traders will react to this market in the coming days.
The plan for me to see if on the lower time frame will in fact start a small downtrend and get in a good trade with a good risk to reward.
Safe trading everyone
Check today analysis below⠀
>> Don’t worry about what the markets are going to do, worry about what you are going to do in response to the markets.
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
ICXUSDT forming a strong bullish wave on near term.BINANCE:ICXUSDT has formed an ascending triangle and could break above the trendline. all indicators show that we are in a bullish wave and targeting these levels:
level 1: 3.30$
level 2: 4.61$
level 3: 5.89$
stop-loss level is closing 1 daily candle below 2.21$
Good luck...
Working on Chapter 3. Trend Bottoming Signal.This will be lacking greatly compared to the book, but I have done my best to create a mirror image and explanation of one of the ideas. There are actually several important ideas that would help you generate what it is I have attempted to simplify here. I think if you try to draw value from this you might end up hurting yourself... But this is a place for me to put my personal things... so don't say I didn't warn you.