Binance Coin (BNB) $600+ Price TargetsLooking at Binance Coin (BNB) on the daily time frame it is currently holding the April 2021 Swing High as support and is using that momentum to push through the $505 resistance level.
This pattern is a continuation of the May cycle and this next move upwards will complete the second cycle. BNB is looking strong as it bounced and held the uptrend extending from the first cycle and is going to ladder up to previous / new highs. The next targets i'm looking at for BNB are:
TP1 🎯 $596
TP2 🎯 $638
TP3 🎯 $676
After these levels we're going to enter a period of price discovery for Binance Coin and reach newfound highs.
Thanks for your support traders!
As always please do your own research, I am not a financial advisor.
Easylootfund
ETH/USD $4,300 October Price TargetEthereum pumped going into this month and regained this major uptrend as well as regained key levels of support including: $3,162 , $3,242 , and now is fighting for $3,431. Once ETH breaks the key level of resistance at $3,431 there will be a lift off to the $3,821 (2.618 Fib) level and from there will determine if the swing up has enough momentum to carry it out of the pennant. On the weekly time frame, Ethereum has already painted the bottom wick of the weekly candlestick and is looking for some upwards action.
Moving forward going into October, Ethereum is looking to reverse to its previous highs as it comes closer to breaking out of this downtrend holding the price down. At the moment, Ethereum is currently consolidating inside of two converging trend lines and prepping for a breakout to a bullish continuation pattern.
If Ethereum breaks out of the downtrend and regains this uptrend and $3,821.59 as support, we are going to have a great month and see new highs. My targets in this scenario are:
TP2 🎯 $3,927.00
TP3 🎯 $$4,161.59
TP3 🎯 $4,339.30
TP4 🎯 $4,933.42
Check out the attached chart which highlights the bullish pennant on the 3-day time frame. We are still trading in between the two trend lines and waiting to breakout.
Thanks traders! Let me know your thoughts down below!
As always please do your own research, I am not a licensed financial advisor and this information is for educational purposes only.
BNBUSD $500+ October Price TargetsLooking at the daily time frame of Binance Coin, we see that BNB has regained the uptrend and is squeezing in between this wedge and the $432 (April 2021 Swing Low level). BNB is going to breakout to the topside and continue to hold this trend as well as gain $432 as a level of support.
Binance Coin bounced off of the Feb 2021 Swing High level at $333 - $348 and swiftly rejected upwards, forming a sudden valley.
My targets moving forward if BNB gains $432 as a level of support and breaks out of this downtrend:
TP1 🎯 $484.50
TP2 🎯 $505.00
TP3 🎯 $596.70
TP4 🎯 $638.60
As always please do your own research, I am not a financial advisor.
BNBUSD Capitulation Sell Off to $300 to Newer HighsLooking at Binance Coin on the Daily time frame we can see a Feb 2021 Swing High level marked out at $333, which is currently acting as a resistance that was a former support.
At the moment, BNB is bottomed out along the $258 level without a candle close underneath that level, signaling very bullish momentum and that the bears don't have enough steam to send BNB to the start of the uptrend of $130.
In a bull market, not all start of the uptrends have to hit / retest but it is still possible and not out of the question.
Let’s say we see a candle close on the daily underneath $258, the price of BNB is going to $130.
However, I believe that BNB has bottomed out along $258 and is headed towards regaining the Feb 2021 Swing high at the $333 - $348 level, regain this uptrend, and finally wick the April 2021 Swing Low at $432.
This move won’t happen overnight as this is a daily time frame, but this is a general outlook to where I see the price of BNB headed. This is a capitulation sell off back down to $300 from $650 that is going to end up eventually hitting newer highs going into the second half of this year.
As always please do your own research, I am not a financial advisor.
BTCUSD Market Outlook - 6/24/21Good afternoon / evening traders!
This is my 1st update in 10 days, this current market sentiment is difficult to navigate around in. There's just a lot going on in the cryptoverse right now with China banning Bitcoin miners on one side of the spectrum, and entire countries like El Salvador accepting the 'magic internet money' on the other side. In saying this, there's a lot of mixed signals with the short-term direction of Bitcoin and it's very hard to predict. Without further ado let's get right into it.
Looking at the 2-Day time frame of Bitcoin we can see that BTC is currently capitulating after coming down from the 1st top formed in April at ~$65,000. From here, Bitcoin blew through the $38-39k level of support and now that same level of support is acting as a level of resistance.
Looking at the weekly time frame, it really does seem like Bitcoin has bottomed out along the $28k level of support along with this long term uptrend formed at the start of the uptrend back during Thanksgiving 2020, right before the Bitcoin market started heating up.
I'm expecting bitcoin to hold this uptrend and slowly reverse back upwards. It is going to take some time to fully reverse and i'm not expecting anything even close to a major move up or down until the end of July (after Ethereum 'London' hard fork) going into the start of August. Around this time, Bitcoin can break out of this downtrend formed from the local high at ~$65,000 and eventually reverse to create newer highs and an eventual and inevitable 2nd top at the end of the year.
Take a look at my attached chart posted back in January explaining the logarithmic growth of Bitcoin. According to this chart and the S2F model, Bitcoin is still on track to hit those price targets and the bull run is not over. We just witnessed part 1 of the cycle, we still have a 2nd part to this cycle for us in store around the end of the year to look forward to.
As always please do your own research, I am not a financial advisor.
ETHUSD Accumulating Around $2500Looking at the 12-hour time frame of Ethereum we see that it bottomed out along the 1.0 Fib level, similar to Bitcoin along what would be the 33k level, respectively.
Moving forward, we're going to continue slowly accumulating and rising back upwards through the summer until we reach new highs later in the summer.
At the moment, ETH is holding this ascending triangle as it looks like its trying to regain the $2709 (1.618 Fib) level.
After ETH regains the $2700 (1.618 Fib) level, my next targets moving forward are:
TP1 🎯 $2709.76
TP2 🎯 $2910.31
TP3 🎯 $3431.59
As always please do your own research, I am not a financial advisor.
ETHUSD Ascending Triangle to $3000+Looking at the 4-hour time frame of Ethereum we can see that we're currently trending inside of an ascending triangle and we're just waiting for that imminent breakout to the upside.
ETH is bouncing around that 1.618 Fib level around the $2700 level heading long towards $3000 and above. The top resistance of the ascending triangle is placed at $2910 and once ETH breaks out and finds this level as support its going to start heading towards $3800 and previous highs.
I believe the rest of this month is going to be continued capitulation underneath the previous local high until EIP-1559 releases in July and we break back above local high and the 3.618 Fib level at $4933
We have definitely hit bottom and its only a matter of time before we start printing back up. We are down about 60% from the local high, 60% of the market cap evaporated overnight. Hundreds of billions of dollars gone with the wind.
As always please do your own research, I am not a financial advisor.
BTCUSD $33,000 was BottomLooking at the 4-hour time frame of Bitcoin we can see that the dump looks like its over and that it caught support along the $33k level until it eventually evened out along $37,000.
From here, i'm expecting another week or so in accumulation in this same range underneath the 1.618 Fib level until Bitcoin breaks out to the topside and wicks $57,000 again and above.
It is only a matter of time before Bitcoin breaks back above to new highs again, it's just going to take a bit of patience. Markets can't move up in a straight line forever, they need to take a breather.
This is the biggest wave of capitulation we've seen so far and as the market continues to get more crazy towards the end of the year, we're going to see moves down like this just as great if not move intense.
Let me know your thoughts in the comments below, thanks for reading. Cheers
ETHUSD Market update - 5/13/21Ethereum topped out right around $4200 and is now a falling knife coming back down. You know the saying "what comes up must come down" and that quote couldn't apply more to this situation.
ETH has a 4H support level at $3431 that doesn't look like its going to hold so I believe its going to come down to touch at least the topside of this channel at $3200, but I believe the 1.618 Fib level will get backtested at the $2700 level before moving back upwards.
ETH has had unbelievable growth these last 2 quarters and now is time for a decent correction as we shake out the weak hands moving forward.
XRPUSD Descending Triangle Break OutXRP looked like it was going to dump down to retouch Santa's Lair around 0.40 and the general long term uptrend when it was posting this scam wick down earlier this morning, but it couldn't even wick that low. The price of XRP kept getting bought up before it could reach a new lower low. This being said, XRP just formed a higher low right in front of our eyes and is looking like it wants to continue this bullish momentum.
XRP just broke out of its descending triangle keeping the price down to the upside which is very bullish. It has also already backtested the levels of support needed to hit in order to properly move up without some major correction.
With the SEC case still looming and being pushed back as well, technicals are lining up for this coin and for 3 years it has been a sleeper. If this coin actually had dirt on it or the founders it'd be at zero right now and they'd be in jail but people keep buying up the supply no matter the decision.
From here, i'm expecting XRP to hit the next TP's in its path before hitting the 2018 local high created after the ATH from its 2017 bull run. TP1 has already been 1st touched at 0.51733, but this momentum looks like thats going to be cleared and turned into support on the next move up. After this, XRP should be looking at hitting TP2,3&4.
TP1 🎯 $0.51733
TP2 🎯 $0.537
TP3 🎯 $0.562
TP4 🎯 $0.572
BNBUSD Accumulation at $270 to New HighsBinance Coin since the February dump down seen later in the month has been stuck in accumulation around the $270 level before it squeezes out of this ascending triangle and breaks out to reach higher highs than the previous local top set at $333.
The move on BNB is not over and I would argue that its just getting started. At the moment, BNB is being squeezed between the respected uptrend and a level of resistance until the inevitable breakout.
From here, i'm expecting Binance Coin to be relatively quiet until the next weekly candle and going into next week BNB is going to break out long towards $333.
Check out my related ideas, but I have been calling the reversal back to $333 as well as it seems like just yesterday when I was signaling a $30 target for BNB, let alone a $300 one.
LTC ANOTHER PUMP INCOMING+What a tragic bleed for LTC and many major pairs we saw over the past 2 days.
+Pullbacks like this are actually healthy in many ways tho
+Let me quickly explain what caused this pullback first
+So markets went absolutely nuts and most coins pumped over 100% in just weeks time.
+Lots of noobs saw this and thought that they could jump and hop in the bandwagon not realizing that nothing goes up forever in such a short period.
+Market makers know better then that and just wiped out every noob that bought in last week.
+Most coins pulled back on avg 32% keep in mind in the crypto space a 35% pullback is still healthy hate to say.
+So what next for LTC you wondering ill make it nice and simply
+LTC came back down to Daily support at 113 and is now starting to show signs of reversal on smaller timeframes
Here on the 1 hour we can see that hammer candle that wicked $113
+ Im not expecting LTC and these other coins to just skyrocket from this dip but more a laddering up followed by some accumulation mlation and distribution.
First TP $164📊
Second TP $202 📊
Thirst TP $227📊
$FLWS 1-800-Flowers Bound to Pump | Valentines Trade1-800-FLWS is picking up steam and looks like a buy as we move into the new year and toward Valentine's day. We hit this last year, let's see if we can again!
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Easy Loot Price Target Update:
Easy Loot is raising our price target for FLWS from $27.5 to $32 which would indicate a 16% increase. Easy Loot believes FLWS will continue to strive using the playing-field Covid-19 has formed, with a big focus toward delivery-based and online sales.
Easy Loot will look to enter FLWS later this month, probably during the last week of January with hard shares and naked calls expiring early summer.
Trade ideas will be posted inside Easy Loot, be sure to join our community as we tackle 2021!
DCJ | Easy Loot Price Targets
BCH Laddering Up to $420+Heres a quick BCH read for the BCH fans out there your gonna love this!!
+On the 4 hour we can see multiple attempts at the level $368 but here why I think we will break this time and ladder up to test new resistances.
+As you can see here I've identified BCH current valley it is facing.
+BCH is coming close and close to the top of this valley as respecting the bottom part of the valley very well only wicking and testing it and now closing below
+ On the 15 Min TF we can actually see a wedge that was formed with the level
$343-$349 as supports.
+Breaking this Fractal Wedge will allow BCH to ladder up or Possible even explode to my TP
+1st TP $386📊
+2nd TP $402📊
+3rd TP $420📊
RSR Bullish Movement+RSR is coming towards and wedge and has created level adaption on $.016
+on the 12 hour we can even see some Accumlation between the levels of $.016 and $.2
+After its second attempt of trying to break this downtrend(white level) it came right back to its support at .016 and started its next ladder up and now seems to be adapting $.018 a residential now hopefully turned support.
On the 1 hour TF we can actually see 4 days of accumlation between the levels of $.016 and $.018
+ Before grabbing my long I would like to see some Level adaption at $.018
+Creating Level adaption here would allow RSR to ladder up to my TP's
+TP 1 $.022📊
+TP 2 $.024📊
Thanks for Reading my TA on RSR have a great day
Chainlink Will it PUMP OR DUMP?+Chainlink Today had a great run
+When I woke up this morning I saw Link was up16% but slowly started pulling back as we faced/created another downtrend (Purple Level)
+ In the last bleed Link had it came down to $9.89 and then we started seeing some level adaption around $10.6
+The Green Level is a resistance now turned support $12.3
+ Creating level adaption at $12.3 would allow Link to break the purple downtrend and start to ladder up.
+Don't try to be a hero and catch a falling knife especially if your new to trading sometimes its best to just gives the charts time.
+If Link can break we will later up to my TP's
1st TP $13.86📊
2nd TP $16.09📊
ADA BULLISH BREAKOUT+ADA facing another attempt on its 4 year valley .$169
+After its first attempt on this valley we saw a major pullback 35% and closing right above $.13 support
+Since then it has created a accumulation zone and I have identified a bullish trend line that was stared on the 16th.
+We can see it has tested this level 3 times confirming it as a official bullish trend.
+ on the daily we can see we are also coming to
and end this wedge. Breaking this wedge and breaking the 2 year valley would allow ADA to Hit new resistances.
+Only time will tell with this one because ADA hasn't made much movement in the past so im not betting big on this postion.
1st TP $.18 📊
2nd TP $.2📊
ETH When To RE-Entry+Woke up this morning to a nice pump on ETH and many other ALTS
+If you missed this pump no worries because there are many more to come.
+ On this most recent pump ETH break through 2 resistances and wicked $714 to a T
+Lets remember the rule of First Touch rejection.
+This is the first time ETH broke 700+ in 2 years. and Also first touch on $714 so a pullback should've been expected.(RIP the noobs who bought the peak)
+My first re-entry is $661 now I don't think this is the bottom but im going for a scalp on this one.
+My Second Re-entry is $636 this is also where the bullish trend line will meet.
+ETH reversal after this is going to moon this the last shakeout before we see 1k+ hope your ready for the pump!!
ETH Accumulation Before It's Next Move Up+Crypto markets have been in one hell of a ride these few days and the parties just getting started.
+After Breaking out if its downtrend (white line) we saw ETH do 25% in roughly 5 and a half days.
+Most people TP were $686 including mine but what most of us forgot is the monthly level of $669
+Once we had our first touch on this level we saw a scam wick down stopping out all the noobs that fomomed in a grabbed longs.
+If you have been trading ETH for awhile you remember what happened when we first tested $486
+We seem to be creating the same type of pattern here and my guess is well be seeing a slow bleed to $618 accumulate along tis level and have our 3rd test on this Possible Trend line.
+Now I saw possible for 1 main reasons a trend line needs 3 confirmations/Tabs to confirm we are in a uptrend. This atm only has 2
+ETH is exhausted moves don't go up forever without a healthy pullback
+Respecting the level of $618 and bouncing off of this potential trend line I believe ETH will have enough momentum to ladder up towards $784
First TP $732
Second TP $784
LTC Bull-Run 2021+Alt Coins across the map all are showing a similar pattern.
+The pattern im seeing its coins are testing bullish trend lines after getting rejected of of weekly levels and bearish trend lines.
+Same goes with link after 2 test on 92.98 we saw that it came right back down to its bullish trend line and still maintained the level.
+ LTC on the 12 hour looks like its creating level adaption on the level 79.79 which is a really good sign for bullish activity.
+We can also see this on the 4 hour where LTC is adapting 79.79 as a new support after breaking out of a bearish trend cycle.
+As we come to a end towards this symmetrical triangle lower lows which is another great sign for bullish activity.
+Things are looking great for LTC and im patiently waiting for the right time to grab a 50X leveraged long on it and hold on for awhile.
+I wouldnt be surprised if we tested the bullish part of the triangle one more time this would basically stop out longs that got in to early which is something market makers love to do so just be patient with the entry.
+TP 1 $99.97📊
+TP 2 $125📊