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Pricetargets

IWM - Potential Bull Flag PatternThe Russell 2000 ETF has seen a price run-up since early October as it emerged from an oversold condition. The recent pullback has created what may be a bull flag (magenta trendlines) that is close to breaking out. The IWM also seems to be gaining some relative strength vs the SPX which should bode well for this ETF gaining in price. Upon further evaluation of this daily chart, I might also be able to make a case for an Ascending Triangle pattern (orange horizontal trendline + magenta rising trendline) or a "W" bottom pattern (black trendlines). Regardless of which pattern you accept, all of them are bullish in nature. I have labeled two potential price targets I am looking at using the Fibonacci Extension tool again. I used the 50% , 61.8%, & 100% levels for these price targets.
AMEX:IWMLong
by Chartimistic
DIS - Disney+ Bull FlagFans of Disney are excited by the debut of the Disney+ streaming service tomorrow (I'll be watching The Mandalorian) but a bull flag seems to have been taking shape on the weekly chart since March. We have to see if it can break out of the flag pattern or if it needs another bit of consolidation first. Also, notice how the stock has found support along the 200-day EMA & the 50-day EMA more recently. $167 is my initial price target, which is the 100% Fibonacci Extension level. My next target would be $176 which is around the price level suggested by the bull flag pattern.
NYSE:DISLong
by Chartimistic
Patience Will Pay Off For XRP HodlersPatience is a virtue, XRP hodlers understand that statement. XRP has been in a massive downtrend since January of 2018 and no amount of news or announcements has been able to break it out of the downtrend. BUT, it has been in a slight uptrend since mid August 2018! XRP is strong, fundamentally speaking, and I believe it will continue to be a Top 3 blue chip cryptocurrency. I have marked my first 4 price targets with my fifth (T5) being a return to its weekly ATH close at $2.76 (800% increase). It's time to start buying small amounts of XRP until the downtrend is broken. You're never going to time the bottom of a stock or coin, that's why DCA is so helpful, especially when prices are this low. Everyone is scared to buy XRP and that's the time to buy. When XRP runs, it runs fast and hard, don't get left behind because of greed for a lower price.
KRAKEN:XRPUSDLong
by ParCrypto
$BTC >> Macro Cup & Handle potential formation to $40,000?!Hi everyone, Welcome to another update on BItcoin. If the current short term bearish momentum continues, we are expecting Bitcoin to "cool off" with a couple of red monthly candles to bring it to its mean/averages, namely the 100 DMA or the 100 DEMA. That would bring $BTC down to the $7-7.5k area for a 35-40% correction. That would be very healthy for bullish continuation. Should the above happen, Bitcoin would be forming the handle through the months of July and August (after the big 1.5 year Cup). The target of this potential Cup and Handle formation is $40,000 sometime in Q4 this year. Seeing Bitcoin's fundamentals and very bullish 2019, even $40,000 can be a relatively "easy" target for Bitcoin (it's just a 4x from now). So we ask the question: is $100,000 not too far from reality this year, especially as Wall Street and institutions are jumping in?! Should the above play out, take this as the great opportunity (this summer) to accumulate a bit more Bitcoin if you haven't done so already. Cheers, Leb Crypto
COINBASE:BTCUSD
by Leb_Crypto
2
AMD Continuation or Breakdown????From the Daily chart we can see a text book Double Bottom pattern emerge just before the breakout and continued uptrend begins. When we take a closer look at the hourly and 30 minute charts we can see two possibly three island reversals which make taking a trade extremely risky when a commodities price could gap down and leave us stranded. This will further complicate the support lines when this occurs because they become untrustworthy when panic selling begins. i have labeled a relatively safe support zone on the chart as long as we do not incur any catastrophic sell offs these should remain stable. Note that anywhere past the 21.69 support we could drop off to the last major support at 19.02. The good news is we have a beautiful triple bottom forming on the 30 minute chart followed by new highs. Along with an uptick in the crypto market and hopefully a renewed enthusiasm for crypto mining we may see a nice push into the mid 20's on this one. Price Targets @ 23.27, 23.80, 24.00(Mental Resistance), 24.51, 25.17 Look for this to break 23.27 and retest this as support for confirmation of continued upside. Keep a tight Stop Loss if you decide to take a trade on this to hopefully avoid getting stuck on a reversal island.
NASDAQ:AMD
by Crispier-Bacon
Potential Downside ETH targets, $150-180Areas of interest are the Pink Rectangles, I'm notoriously told my charts give people seizures with all the lines/colors so tried to clean this one up. 1. Blue Fib is drawn from the bottom ($6) to the high ($1424). I repeatedly see Cryptos respecting Fibs that are drawn from the bottom to "Notable Highs". 2. Yellow Fib is drawn from $6 to $805 (The 2nd High) which interestingly enough is an area where price has hit 4 times. This makes the Fib much more predictive due to the amount of time spent there. notice how the .618 from Yellow Fib and .786 from Blue Fib line up. 3. We bounced at $215 because of the previous time we bounced there on sept 14 2017. 4. Because of how strong resistance the $312 price line is, it would be a miracle (TA changing move) if we shot passed that price. So I see it as unlikely anytime soon. 4. The .786 level (which crypto loves to hit) on the Yellow Fib is a place to pause a dump at $180. But $150 could potentially be another place we drop to (LOW target), It's the next place we had a dip where we V-bottomed and continued up on July 14th 2017. TLDR. ETH is wrecked, Cryptos are wrecked. $300 ETH is highly unlikely. I would short $225-250 area, with a target of $180 (yellow fib .718) or $150 (place we bounced before), depends on the price action. Good luck, start shorting or start looking at other markets.
BITFINEX:ETHUSDShort
by teckno05
BITCOIN TARGETS - FIBO EXTENSIONSIf we were to set new extensions from the latest lower-low before the throwback to the neckline of the inverse H&S´s and its following breakout, knowing volume is decently increasing as price moves higher, there are three main targets to watch as potential resistances for the rest of July and probably mid-August: $7,800 ´s where the inverse H&S´s target is placed refering to basic AT $ 8,140´s where price can find resistance at the 127.2 % projection Fibo level $ 8,360 ´s which I believe is the ultimate price target, on which a 61,8 % retracement level and the 141.4 % extension level both meet in a magnificent way, almost at the exact price. I wish I had more time to load up more ideas concerning the Alts I´m following through such as IOTA, EOS, Cardano and Ethereum... I will bring them up soon hopefully. For the moment, stay safe and wish you the best trades ever. @Mikephicc
BITSTAMP:BTCUSDLong
by Mikephicc
(LTC) Litecoin consolidation testing inside channelAlright everyone lets dive in and take a look at whats happening with COINBASE:LTCUSD today! Well....to be honest its actually not that much happening lol Litecoin does seem to have worked itself into bull flag, but seems to have slipped below a relatively strong inside channel formed long before all the LCC fork craziness sent litecoin's price every which way for a bit there. All the same there are some things to keep an eye on as the next few days unfold: We seem to currently be testing a minor support around $205 MACD is still bearish and looks to be heading for a crossover lower than the prior low STOCH & STOCH RSI have both crossed but have done so in a weak manner at best STOCH & STOCH RSI are both below 20 and likely to bounce off that level prior to any significant movement We've dropped below the 42 EMA (blue) But we're still above the 192 EMA (red) The 192 EMA is lining up almost perfectly with the cycle low support from back in november, indicating very strong support. Based on what we can see here I believe if we close below that inside channel the consolidation will likely continue between $212 and $205 until midday or later tomorrow at which point we may test re-entry of the inside channel. If COINBASE:LTCUSD does manage to break below $205 we could see things dip to around $197 but it will face strong support there from the cycle low and 192 EMA at which point we will likely have a stronger breakout towards the inside channel after a noticeably longer consolidation. Realistically I don't think we'll see too much exciting from litecoin for a day or more, but once we're back inside that channel a number to watch for breakout will likely be the $232-$235 range as it attempts to exit the ATH overhead resistance. *** Note that the MACD RSI crossover strategy I've written has the RSI hidden, and that the earning results are irrelevant as it used for cleaning up major trends NOT buys and sells. *** The dual Stochastic/Stochastic RSI source code can be found on my page if you're in need of a simple space saving indicator! This analysis is meant for purely educational purposes, and whether you choose to trade on it or not is entirely on you! Remember, TA is neither investment advice nor a guaranteed science, but rather an informed attempt at predicting future movement based on historical AND emerging patterns! Good luck and happy trading fellow cryptoheads! Austin Doyle CTO Crypto Playhouse
BITFINEX:LTCUSDLong
by UnknownUnicorn1613901
4