M8G Media and Games Invest PLC - LONG Be prepared to buy the pullback for a potential
gain of 40% with the target set of the 1-1 Ext
at the top of the ascending channel .
This will be a long term investment
Know your invalidation and use a SL
This stock is trading on the OMX30 Stockholm stock exchange
Longtrade
Tezos XTZ 40% Move to new ATHs
Fib Ext Pull and Fib Speed Resistance Pull
Target .618 and expecting some resistance at this area before a move to the the 1-1 Extension
for fresh ATH and potential continuation .
The move allows for a 40% return , do not FOMO I expect a pull back when we hit the .618.
or even before given BTC potential volatility.
Of course determine your own entry if you cant wait for that potential prospect.
****Please also note that any ALT setup regardless of how strong it is can be destroyed by
aggressive BTC moves *****
Another observation I want to make is that the areas I have highlighted are where pullbacks have
occurred literally around the same time each month . 21 Jan , 23 Feb , 25 March , and 23 April .
Im not suggesting that come the end of May we will see the same but its worth noting and
just a pattern that I noticed had played out throughout this year .
Also each major correction has pulled us into the .382 speed fan resistance or close too it .
Ensure that you have a trading plan with a clear invalidation and SL
Ok well Thanks for reading and any questions pls ask , Like and FOLLOW for more of my content and Analysis .
NZDCHF Long Trade SetupWe may have a complete correction and small reversal structure. Actually, we may place an entry order over the last top, but I don't want to do that because there is still a chance for one more downside. That's why I'm waiting for a small trade setup after the running flat. If I get it, I'll place a pending order and move SL to BE when it breaks the last top.
Pirate Coin ARRR Breaks out of Wedge 60% Measured Move inbound Pirate coin breaks through resistance on falling wedge
Provided BTC s volatility is steady and we close outside of the
resistance . We have a measured move up till 16$ and potential
to complete 1-1 EXT at $20 USD ..
But first lets get a close outside of the resistance .
Manage your risk and know your invalidation
Pls Support my analysis with a Like and Follow for more setups
EURCAD Long Trade SetupMy expectation is a quite big upward impulse after the current correction. That's why I want to take a long trade. We have some sort of squeezing structure at the end. It can be a strong indication for completion of the correction. Now, I'm waiting for a reversal pattern to place a pending order.
EURJPY Short Trade SetupMy forecast is a pretty big drop, but before that, it looks like we will have one more upside after a correction. I don't think the running flat is over, but I will take a long trade when I see a valid trade setup. After a new high, I'll hedge my trade, and hopefully, I will catch the starting of a huge drop.
$THETA broke out of 3 weeks consolidation, what now? Theta coin has made an impulsive move to the upside and broke out of its 24 days long consolidation between 11 and 13.5, and it's currently retesting the breakout as new support. This is healthy price action and provides us with an objective entry anticipating more upside. It is also supported by a few indicators.
Pros:
- Broke out of consolidation box between 11 and 13.5, now bouncing as support.
- 4hrs bullish divergence. Price made high low when RSI made a lower low.
- It's currently making a bullish wedge after a successful breakout.
Cons:
- Could be a false breakout, with volume significantly decreasing afterward.
- We haven't confirmed the breakout of this bullish wedge yet.
Entries:
- Aggressive buyers could choose to enter now between 12.8 - 13.8.
- Conservative buyers should enter as the price breaks the falling wedge at 13.8.
- The trade is a 3.2 R/R trade indicated on the graph.
Personal PT: 16.51 / 17.48 / 20.28 (unlikely in short term)
Personal SL: 11.8
If you find this helpful please give a thumbs-up and good luck trading!
THETA Awaiting Take off THETA/USDT PAIR
Higher Lows and Higher High with the print of a ATH
Currently trading within a symmetrical Triangle with Higher Lows and lower Highs since the ATH ..
Measured Move gives us a 28% move and if this breaks upwards we have confluence with the Fib Extension for a 1-1 at around $17
Either await a break of the Resistance with a candle close as confirmation for entry or buy around 12$ with a Sl below the last swing low $11.30 region .
I have marked on the chart the potential target for a downside move depending on the reaction at breakout/breakdown although I will be taking the long
Know where you are wrong and have a trading plan , always use a SL . Thanks and Like and follow for regular setups
ADAUSDT PredictionPhase 1 of ADAUSDT has finished the trendline has been broken out. That's a good sign to see. Next, there will be some retracement, so please be careful guys. Think rationally, ADA is a top ten coin, not an easy pump coin, there always be massive pumpers and dumpers. Because ADAUSDT has finished phase 1 now, it will continue to phase 2. Let's wait friends. For those who haven't buy ADA, well wait for some retracement, cuz there will be one. Pushs&retracements are good because the coin will have a super strong price foundation. That's my today update. Hope you guys have a good time. Don't forget to leave your comments and critiques,I really love to have your insights, because we are a community. See you in phase 2!
GBPCAD Long Trade SetupUnfortunately, the internal structure of the yellow C is a mess. That's why it's not clear if it's over. We may see more downside. But the bigger structure looks pretty clear. As you can see, my expectation is the C wave for a complete regular flat. So I'm waiting for a valid trade setup to place a pending order. What we have after the last low can be a trade setup, but I prefer to have a bigger one. That's why I haven't taken any action yet.
USDJPY Long *Revised*- Overall bullish market sentiment on daily timeframe
- Clearly respecting dynamic support
- Retracement to 50% fibonacci level
- Bullish market structure with higher highs and higher lows
- Wick rejection indicating bulls starting to step in and strengthen USD
1:6RR, 2% risk, let's see how price action develops⏳
NIO Beautiful Double bottom, 200MA support, possible move up ?Published 4/3/2021.
Current price ~ 39.55USD.
Chart- Daily.
NIO had found support on the 50MA earlier with a double bottom and had bounced off for great gains before the current retracement.
Double bottom and support on the 200MA now is a good entry point.
With the RSI bouncing off the current key level to watch is 40$ with a good volume spike!!
EURUSD Long Trade SetupThe downward movement could be over, and we can have a pretty big correction. That's why I want to take a long trade. It looks like we have a complete reversal pattern. Now, I'm waiting for a small sideways movement after the break-out to place a pending order. As you can see, there is a chance for a correction under the blue trendline and probably one last drop. If I see it will happen, I will hedge my trade.
SC Ascending trianglei think we will see a few more day's of shaking out weak hands. This is very heavy resistance we're at right now.
During the previous bull market we saw huge volume with this area acting as support and resistance so there are a lot of bag holders that needs to be shaken out before we can go up higher.
First target should be around 0.025 possibly 0.03 then we will hit another point of resistance.