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MelonPort Breaking Out Of The TriangleMelon has managed to finally break above the triangle pattern and $120 resistance. Prior to that, it has bounced off the uptrend trendline and the 200 Moving Average. The trend now became very bullish with more upside potential. First strong resistance and the potential target is seen at 227.2% Fibonacci retracement level applied to the corrective wave from the last all-time high produced in June. The price target is $228, while currently, Melon is trading at $130. This makes a potential short-term growth of 70%. Break above the target will add more volume and volatility, as well as a much higher upside target. Nevertheless, break below the Moving Average could result in a trend reversal.
MLong
by CryptoPAMM
11
Wings Fly Time?On the 17th of December, Wings DAO broke above the downtrend trendline, while prior to that bounced off the uptrend trendline. After the breakout price corrected back and rejected the downtrend trendline, which this time is acting as a support This is the first indication that price could be ready to go higher, and perhaps this is just a beginning of a huge growth. The nearest upside target is seen at $2.3 where two Fibonacci are inline. First is a 327.2% retracement level of the Fibs applied to the corrective wave after the downtrend trendline breakout. The second is the 241.4% level of the Fibs applied to the corrective that started in June. Keep in mind that only a break and close below the $0.4 support could invalidate bullish outlook.
WLong
by CryptoPAMM
37
USDHKD Bull PowerTrading method: RSADVANTAGE Stage 5, 95% accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends. This system is made of custom technical indicators that properly detect trends very early and provides exit signals at the possible dynamic S/R zones. Average yearly pips gained is 40k per pair. USDHKD H4 Technical Outlook To open long positions for USDHKD, it is required: In this situation we are now waiting for a reversal to occur as we wait for Awesome Osci to go into positive territory alongside of our other system indicators to confirm trade entry confirmation for movement to the upside and but if the market trend continues to range this signal will become invalid. Market execution for entry, confirmation will be required for entry. Risk Description: Once signal is confirmed 108 pips will be up for grab with small risk SL at swing low. Profit expectations: 1-2 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal. Current Dynamic S/R Levels: Swing high: 7.81534 Swing Low: 7.80566
Long
by UnknownUnicorn1372988
NZDUSD BullsTrading method: RSADVANTAGE Stage 5 system setup 95% accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends. This system is made of custom technical indicators that properly detect trends very early and provides exit signals at the possible dynamic S/R zones. NZDUSD Technical Outlook To open long positions for NZDUSD , it is required: In this situation we are now waiting for a reversal to occur as we wait for Awesome Osci to go into positive territory alongside of our other system indicators to confirm trade entry confirmation for movement to the upside and but if the market trend continues to range this signal will become invalid. Market execution for entry, confirmation will be required for entry. Risk Description: Once signal is confirmed 100 pips will be up for grab with small risk SL at swing low. Profit expectations: 1-2 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal. Current Dynamic S/R Levels: Swing high: 0.695 Swing Low: 0.686
Long
by UnknownUnicorn1372988
[BTFD] ETH/USD - [LONG] Trade Analysis 6th Nov 2017ETH/USD Bitfinex opening with a down gap below the developing trend and 200 SMA on both Daily and 4H Timeframes. Potentially more sideways price action today, coiling inside of the triangle for a breakout. Levels to watch: Fib 0.5% level: $272 Psychological level: $300 ---------------------------------------------------------------------------------------------------------------- check out links below for more TA, group chat, signals, feed and much much more..... Join our Telegram members group: t.me t.me Sign up to our website FREE for a limited time only @ buythefuckingdips.com Follow BTFD and Major Lee Blunt: twitter.com steemit.com
BITFINEX:ETHUSDLong
by majorlee