Bitcoin Broke The Triangle: Potential $25k SoonBitcoin broke $20.000 today! All made possible by the ongoing strong bullish sentiment surrounding Bitcoin and crypto in general.
In my last post, I predicted that Bitcoin would complete the wedge and see some strong growth soon, even past $20k.
So now arises the question, where too next?
Since I don't see sentiment falling anytime soon, we have a lot of potential room to grow. My targets are $23k and $25k for the coming few weeks.
Long-signal
WAVES SIGNAL BOOM BOOM! possible 90% profit...i looked at wavesbtc chart and it looks completely bullish so i think this signal is going to reach the targets!
everything has explained clear in chart i think we can risk in it!
maximum levarage:15x
Buy zone: 8.2678 - 8.3678 ( buy in 2 or 3 level as i marked in chart)
TP: 8.56 , 8.70 , 8.80 , 8.94
STOP: 8.1654
lets take it!
SUSHI/USDT Big UpsideSUSHI/USDT has seen over 500% growth since early November, with room for more!
Bullish sentiment is sky-high, it might even reach it starting value in the near future.
Personally, $3.50 and $5 are my targets for the coming weeks. The real volatile period has yet to start. When that does, we might see a week of >100% returns. Trade smart!
TRB/USDT Triangle Broken: Long IdeaTRB/USDT has broken its wedge today. The break went with sufficient force and volume, which makes me believe we will see some more bullish action coming in the next few weeks.
Im eyeing the last two highs which touched the upper trend line as potential exits, Resistance 1 and Resistance 2.
Litecoin Bullish Movement AheadLitecoin is have a strong last couple of months. After the two rapid declines of the past few weeks I reckon that the price is going up again after it bounced from the lower support line.
For this trade, my main target is $90, but feel free to select your own. Also, take a look at my long-term Litecoin idea linked below.
XEM/BTC Triple Top XEM/BTC is seeing some strong upward movement today. I'm seeing the price reach the 1450-1500 sat area again.
If the price manages to blast through this area, we might see even more growth in the coming weeks. In any case, trade carefully.
CAD/JPY Bullish TriangleCAD/JPY has been a very active pair lately. Since May this pair is trying to break through the 81.5 resistance without any luck, until now?
Hopefully, we manage to close higher tomorrow. This would, in my eyes, signal a new upward movement towards the pre-corona levels of 84.5.
In case we close lower, we might see the price retrace towards the lower trend line, which will probably hold.
ZIL/BTC Has More Room To GrowIn my other ZIL post I foresaw strong bullish action on the ZIL/USDT pair. Since Bitcoin is kind of oscillating at the moment, I think the BTC pair will continue to shoot up.
Consider Resistance 1 and Resistance 2 as areas of major selling pressure, based around 190 and 200 sat respectively.
ZOOM [ZM] After Earning BounceZoom missed its earnings target, which caused the recent drop in share price. The drop didn't go all the way, it stopped right on the ascending trend line.
In my opinion, the price drop was too steep. ZOOM managed to increase their userbase and therefore their potential revenue. My take is that investors are noticing this and betting on a short term increase in price.
Consider Resistance 1 and Resistance 2 as the main targets, but feel free to determine your own targets.
Boeing [BA] Back To Pre-Crisis HighsBoeing is doing great this month. The US elections and vaccine news made investors realize that Boeing was criminally undervalued.
Today is the day when Boeing finally beats the summer high around $230. With a vaccine within grasp, I see Boeing reaching its old highs again.
Consider Resistance 1 and Resistance 2 as great areas for taking some profits. In case you're more bullish minded than that, ride the wave till $400!
TRB/USDT Strong Bullish MovementTRB/USDT saw some strong movement today and yesterday. It convincingly bounced off the lower trend line which it has been following since early October.
My prediction would be that TRB will continue to rise till it reaches the $34 area. After reaching $34 it might consolidate for a while, risking a reversal.
LSK/BTC: New Bull-Run Soon?LSK/BTC failed to pierce through the all time low around 600 sats. Recent price action could signal a new bull run starting soon, take a look at today's massive engulfing candle for example.
The most conservative approach to this trade would be to target Resistance 1, based at last week's high. Resistance would yield higher returns to the cost of higher risk.
CHF/JPY Finally Broke The WedgeIn earlier posts I made predictions of CHF/JPY following it's wedge. Both times I was correct, however it managed to break out of the multi-month wedge today, signaling a new bullish move upwards.
Consider Resistance 1 and Resistance 2 as potential areas of reversal, thus taking some profits there.
AMD Possible New All-Time-High This WeekAMD has been steadily increasing in price over the last few weeks, with a major bullish explosion today.
If today's momentum holds strong and we manage to close above the $94 resistance, we might even see a run up to $100 at the end of the week. Since $100 is a major psychological resistance, there will be a lot of selling pressure there, beware of some consolidation or even a reversal.
EUR/USD Bullish Break-OutOn Friday, EUR/USD finally broke out of the channel that it has been in for several months now, signaling a new bullish move in the coming weeks.
Since there are no real resistances around here, I've selected 1.22 as a potential target. When you zoom out the chart, you could select 1.24 or 1.25 as potential resistance, but that could potentially take months to reach. Do your own research and select a target that best suits your needs.