ID's Next target is 0.95$!Hi every one
ID has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ID is in, Is a Bullish Pennant Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (Pennant pole) to happen! The Next target is around 0.95$!
🟡Summery:
-ID has been Bullish Recently!
-The odds of another Bullish Movement is High!
-Bullish Pennant is Visible on The chart!
-No break out yet!
-Next Target at 0.95$
🤑Stay awesome my friend
Thank you for seeing idea .
Have a nice day and Good luck
Pennant
OCEAN BULLISH Pennant with FIB TargetsBINANCE:OCEANUSDT
Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
A Bullish pennant is spotted on the OCEANUSDT chart. The targets or take profit points from this pattern can be determined by using a Fibonacci retracement from the pennant. NOTE that this may take some time to play out; be sure to manage your risk and pre-set those orders !
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USDCHF - Price can bounce up from support level to $0.8995 levelHi guys, this is my overview for USDCHF, feel free to check it and write your feedback in comments👊
A few days ago price started to decline from $0.9440 point to support line, thereby breaking $0.9295 level.
Also, Swiss Franc entered to pennant and bounce higher of resistance area, but at once started to fall.
Then price exited from pennant and entered to falling channel, where it broke $0.9095 level.
After channel Swiss Franc fell to $0.8860 level and started trading inside flat.
At the moment price continues trade inside range.
And maybe Swiss Franc can make correction to support level and bounce up to $0.8995
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BNBUSDT - Price can break support level and continue to fallHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
A few times ago prices bounced from support line inside support area to $334.0 resistance level and at once made correction.
Next, Binance Coin bounced up to resistance area and even rise higher of it, but at once backed up to support area.
Also, price broke $334.0 level again and later try to grow from area to this level, but failed.
Then price made correction to support area and a few times later entered to flat.
After flat Binance Coin sometimes traded in pennant and now price trades close to $320.5 level.
I think price can continue to fall and try to break this level.
As well BNB after break, can make retest and bounce down lower to $314.0
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BITCOIN - Price can leave pennant and then fell to support levelHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Firstly, price traded inside from wedge, where it broke $27240 and $28410 levels.
Also, BTC made strong upward impulse to higher of resistance area with HKEX:29650 level, thereby breaking it.
Next, price made correction below this level and tried to rise again, but failed and entered to falling channel.
After channel, Bitcoin fell to $27240 level and later backed up to resistance area, but at once fell to $28410 level.
As well price started trading inside from pennant and at the moment BTC trades close to support line.
Possibly price can make a little movement up to resistance line and then bounce down to $28410 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
RIPPLE - Price can bounce down, thereby breaking support levelHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
Price sometimes trades close to $0.5250 resistance level inside from wedge.
But recently Ripple exited of wedge and bounced down to $0.4420 level.
Also, Ripple broke $0.4785 level and entered to flat.
After flat price started trades inside from pennant, where Ripple rise higher to $0.4785 level, thereby breaking it.
Now price trades close to this level and maybe Ripple can break support level and bounce down again.
As well, price can leave pennant, make retest or not, and fall to $0.4550 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
RIPPLE - Price can make retest of support level and bounce upHi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊
A few days ago price bounced up from support area to $0.5850 point, thereby $0.4715 level.
Also, Ripple broke $0.5320 level, but soon declined below and entered to rising channel.
In channel, price reached $0.5320 level again and even rise higher of it, but at once bounced down.
Then price left channel, fell first to support level, and later declined to support area, thereby breaking $0.4715 level.
As well Ripple started trades inside pennant, but soon price exited from it and started trades close to resistance level.
And recently price broke this level and at the moment trades close.
In my mind, Ripple can make retest and then bounce up to $0.5110 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
$MASK/USDT 2h (#Bybit) Bull pennant breakout and retestMask Network is pulling back to 100EMA support where it seems likely to bounce and resume bullish after.
⚡️⚡️ #MASK/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (2.0X)
Amount: 4.7%
Current Price:
6.351
Entry Targets:
1) 6.200
Take-Profit Targets:
1) 7.491
2) 8.635
3) 9.780
Stop Targets:
1) 4.698
Published By: @Zblaba
$MASK #MASKUSDT #MaskNetwork #Web3 #NFT
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +51.0% | +89.3% | +127.6%%
Possible Loss= -42.6%
Estimated Gaintime= 5-10 days
mask.io
CXT: Bullish pennant (23%)CXT has bottomed in summer of 2022 and been climbing steadily ever since.
Currently building into a bullish pennant pattern.
Pros:
1- Post forming with volume
2- Descending volume during pennant forming
3- Volume at break out
4- PPS above 50MA and 200MA
5- RS above 0 and climbing
6- R/R ratio above 5
7- 250RSI above 50 and climbing
8- 50MA above 200MA
9- Both 50MA and 200MA ascending
10- Golden cross circled in blue
Cons:
1- ATR a bit flat
Target price is 57,56$
Again, stay humble, have fun, make money!
MAAX!
ASRT: Bullish Pennant (76%), Not confirmedWell, the more I look, the more I see them. Bullish pennants and flags are showing their faces again, and they may be profitable if they confirm.
In this case, ASTR has bottomed in 2021 and been climbing steadily ever since.
Currently building into a bullish pennant pattern.
Why so bullish?
Pros:
1- Bullish Pennant forming
2- Post forming with volume
3- Descending volume during pennant forming
4- PPS above 50MA and 200MA
5- RS above 0, but a bit flat
6- R/R ratio above 5
7- 250RSI below 50
8- 50MA above 200MA
9- Both 50MA and 200MA ascending
Cons:
1- ATR a bit flat
2- Pattern not confirmed yet.
Target price is 10.68$ if this all goes to plan.
Again, stay humble, have fun, make money!
MAAX!
BNBUSDT - Price can break resistance level and continue to riseHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
A few days ago price broke $329.5 level, but at once started to decline inside from falling channel.
And soon Binance Coin fell below support area to $306.5 level, but at once bounced up to area.
Also, price made correction to support level again and then bounced higher to $329.5 level.
As well Binance Coin started trades inside pennant, but recently price exited from it and fell from $350.0 to support area.
Now price trades below $329.5 level and maybe Binance Coin can bounce higher to this level again.
Besides, price can make retest or not and continue to rise to $343.5 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A little RLC can go a long way IExec RLC/BTC
I spent yesterday evening looking for tokens/coins that have outperformed or kept on par with their BTC valuations.
The obvious ones are MATIC and ETH but I'm looking for other smaller hidden opportunities in the charts.
I cam upon RLC, and it might be worth keeping an eye on this. Neutral for now but its coiling.
- Forming Pennant
- High volume increase from May 2022 - Feb 2023
- Volume lower now but still generally significantly up since this time last year.
- During the same period up 150%+ against BTC
- low cap 197 rank coin by market cap (High risk)
- No longer above the 10 or 12 SMA. this would be ideal as it tends to ride higher off it.
- The USD pair is technically in a churning uptrend.
IMPORTANT: I used HITBTC Exchange as it highlights or emphasizes the volume increase. On Binance the volume is still pressing gradually up and the that chart i not as stark. HITBTC Exchange is one of the older exchanges where new coins where born.
Buys
- Bottom of pennant channel (or slightly under)
- If we get above 10 day SMA.
In the last bull run in 2020/21 I made a killing on this coin from $0.50 to $8.
At the time the coin had a lot of promise. It had partnered with IBM, Intel, Ubisoft and Nvidia.
At present they are working on an AI offering and this could see the AI promise in the crypto space.
But we focus on the chart, the price tells us everything. That's the main indication here. Price over everything.
A little background can give the token distinction for memories sake.
Lets keep an eye on this one.
PUKA