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#REN, Enter now for a potential +34% profit?A quick look at Ren (#RENUSDT, 1D, Binance): According to CoinMarketCap, "Ren is an open protocol built to provide interoperability and liquidity between different blockchain platforms." The token bounced back nicely at the 200 EMA during last drop and it's on a steady recovery. Main Points Following the recent dip, the last two daily candles have brought a +15% increase in price, confirming the $0.63 level as support. I expect price to reach previous resistance at $1.04 for a +34% profit at the time of posting. If rejected, Fib retracement levels between $0.86 and $0.76 should offer good support. If not, $0.63 should do. Strategy TP1: $1.04 (I set a more conservative $1 target) SL: n/a(*) Additional Reading If you want to read more about Ren on CoinMarketCap, click here . What do you think? Any constructive feedback and positive vibes to improve my analysis are welcome. But if you enjoy my chart, please like, comment or follow me. :) Thank you and Happy trading! (*) I do not use Stop-Loss for the simply because that I do not margin trade, and I trade only assets that I do not mind keeping long-term should the price suddenly crash. ------------------------------------------------------ Some of my charts represent actual trades, and some are just paper trading. Check them out! Needless to say, this is not financial advice!
RLong
by BitfulMind
USDJPY on the support break 🦐USDJPY on the daily chart is moving over a weekly support. The price has tested it a few times and according to Plancton's strategy if the market will break below we will set a nice short order. ––––– 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.
by InkyGrip
4
EURUSD Inversed Head and Shoulders Daily As you can see in the chart above EURUSD Started forming its first shoulder on July 23, this means if the inversed head and shoulders pattern were to be confirmed and it pushed to the upside that would make it a 2 and a half month long head and shoulders pattern. If EU were to remain heading downward it may end up bouncing off support and form a double bottom. EU is currently right under 50 ema with the last candle being a inversed hammer and red on the EMA cloud. Please Message me if anyone would like to talk about Currency pairs or Crypto This idea is just me putting out there another confirmation to remain bullish on EU this is me not in any way trying to tell the future
Long
by dmartinage123
USDCAD moving higher 🦐USDCAD on the 4h chart after the test of the 1.25 level took the liquidity for a new bullish impulse. The price is now testing the dynamic resistance and according to Plancton's strategy if the market will satisfy the Academy conditions we will set a nice long order. --–– 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
Long
by InkyGrip
18
Berkshire Hathaway (BRKB) breakout the Triangle:The technical figure Triangle can be found in US company Berkshire Hathaway (BRKB) at daily chart . Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The Triangle has broken through the support line on 04/09/2021. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 50 days towards 260.16 USD. According to the experts, your stop-loss order should be at 291.81 USD if you decide to enter this position. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
CAPITALCOM:BRKBShort
by legacyFXofficial
ETH/USD multi time frame analysis, WILL BE UPDATED STAY TUNED !Will be Updated During the next days for possible trade opportunity Stay Tuned (BE SURE THAT FOLLOW ME TO GET NOTIFICATION) If like this and if help you with your trading Please Like, Share, Follow and comment that give me motivation to make another Market analysis and trading ideas If you have some suggestion, comment or other opinion feel free to write it in comment Wish you succesfull and consistent trading with profits! This is not an investment advice. "CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
COINBASE:ETHUSD
by ArmaTrader97
2
USD/JPY multi time frame analysis, WILL BE UPDATED STAY TUNED !Will be Updated During the next days for possible trade opportunity Stay Tuned (BE SURE THAT FOLLOW ME TO GET NOTIFICATION) If like this and if help you with your trading Please Like, Share, Follow and comment that give me motivation to make another Market analysis and trading ideas If you have some suggestion, comment or other opinion feel free to write it in comment Wish you succesfull and consistent trading with profits! This is not an investment advice. "CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
by ArmaTrader97
USD CAD - awaiting the "0" Fibonacci retraceHi there, Currently awaiting the Daily Fibonacci structural point to add a further buy position. The sell off from the -0.618 structure is part of the profit taking and completed pattern of the Fibonacci sequence. The reason for awaiting "0" is price can react strongly upon this zone, so therefore patience for changing hands is necessary. Refer to the correlation of the US OIL chart and compare USDCAD for inverse correlation. I cannot currently add charts due to not having a high enough reputation. Many thanks, XYHLX
Long
by XYHLX