#ENJ Enjin coin at breakout & ready to give 32% profitCALL TYPE : #SHORTTERM
BUY AROUND/BTW : 0.00002700 -0.00002820
TARGETS
TARGET 1 : 0.00002970 (10.00%)
TARGET 2 : 0.00003143 (16%)
TARGET 3 : 0.00003566 (32%)
STOPLOSS : 0.00002600
ALL INDICATORS BULLISH. BUY & HOLD FOR FEW DAYS FOR GOOD PROFIT. ATLS WILL SHOW SOME RALLY TOO. #ENJ IS AT BREAKOUT
Targets
Inverse H&S and Ascending Triangle targets hit to a tee!Technical Analysis is important. Crypto is no exception.
If you map out the targets of the Inverse Head and Shoulders (purple), as well as the target of the Ascending Triangle (yellow), you'll see how Bitcoin respected these to a tee by skyrocketing to the Yellow target then correcting down to the purple target.
BTC price could bounce between the 2 target lines for now, and that would be very bullish.
At any rate, happy to finally see a Higher High on Bitcoin after 15 months!
Leb Crypto
LINK/BTC - Looking prime for a breakout part 1Welcome friends, to this analysis of LINK. Many of you are probably familiar with Chainlink on a fundamental level, and may have watched my previous analysis on LINK which you can find here:
This is going to be a straight-on technical analysis to show you what a beautiful trading opportunity is forming on LINK right now.
What I believed to be a falling wedge on the previous analysis have now turned into being a symmetrical/triangle, also referred to as a pennant . These patterns are continuation patterns and a breakout is in the cards. Within the pennant we’ve had decent, but decreasing volume towards the end of it. Maxx Momentum indicator flipped to bullish+ momentum on the daily a few days ago, and with BTC looking the way it is now, LINK currently got more room to the upside than the downside. New BTC analysis coming shortly. For LINK to have high chance of bullish continuation, it is important to make a daily candle close above the .236 fib from the trend based fibonacci extension . This level is @ 2730sats and is a level we’ve tested, but not closed above since back in January. If LINK manage to close above it, there’s a high chance of the top of the pennant to break within the next week.
I have marked a few targets on the chart as well with boxes beneath fib-levels. As we don’t have any previous price action to draw levels from, Fib’ext is more or less the only way to get accurate selling points. These take-profit levels is at 16550sats, 18230sats and 20370sats. If you hop on this trade or is already in it, it is recommended to place your sells a little below these levels as they will have direct selling pressure on them from others.
Shortly after this I’m posting my BTC analysis, so follow and keep an eye on your alerts!
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BTCUSD H4/D1 charts (3/22/2019)Good morning, traders. Since yesterday's shakeout, Bitcoin has continued to rise but has found resistance at the 50% retracement level around $3988. It appears that price is printing an ascending triangle as it consolidates toward that level which is also the H4 21 EMA. A close above that high should indicate a target of $4055, based on the height of the triangle. That would put price at the recent swing high. A close above the local TR should provide a price target of $4150 and this would have price targeting the top of the ascending channel that it has been printing for almost a month. Closing above that channel's resistance gives us a target of $4360 which would then give us our first higher high off that corrective low in December. If there isn't a surge of volume taking price toward $5000 once it moves through the ATH's descending resistance, then the $4300/$4400 level would be a likely place to see a retracement. The $4921 level is the 161.8% extension off the first impulsive wave in December and it is also the secondary descending resistance level as shown in the daily chart. Currently price remains above the daily pivot and 21 EMA while RSI is bullish at 60.5.
Every day, we have a choice to act positively or negatively, so if you get a chance, do something decent for someone today which could be as simple as sharing a nice word with them. You just might change their day, or even their life.
Remember, you can always click on the "share" button in the lower right hand of the screen, under the chart, and then click on "Make it mine" from the popup menu in order to get a live version of the chart that you can explore on your own.
EUR/JPY Institutional Money is Long!Our team have identified that Institutional money is flowing into this pair LONG, we entered where we did as we always trade WITH the momentum of the market.
We have identified 3 major take profit zones:
1) +68 (half the position comes off here)
2) +137
3) +206
Risk management is KEY and our Stop Loss is strategically placed to avoid stop hunts and to give a great risk to reward ratio (32 points).
Mid-Term Bull and Bear Active Algo TargetsThese are the highest range swing-high/low algo targets currently active (with likely algo, aka. program trading, participation). Lots of smaller range stuff going on as usual. These are based on the algo assumption of participation entry between 0.618 and 0.5 and exit/flip at 0.65 with a target of -0.236. In theory here, the bull scenario is using a larger range and so it would likely be stronger than the bear scenario, however, we are still in an overall bear market and bearish trend extending well beyond the timeframes discussed here.
Bitcoin Daily Update (day 333)Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to succeed long term. If you fall into the majority that tries and fails then I assume no responsibility for your losses. What you do with your $ is your business, what I do with my $ is my business.
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Consensio: P > S MA > M MA > L MA
Patterns: Phase 7 Hyperwave | A&E
Horizontals: R: $3,992 | S: $3,859
Trendline: At $4,536
Parabolic SAR: $3,539
Futures Curve: Contango
BTCUSDSHORTS: Watching for it to take out the local low at 18,970
Funding Rates: Longs pay shorts 0.0065%
TD’ Sequential: G6
Ichimoku Cloud: Very surprised that we haven’t seen a bullish kumo twist
Relative Strength Index: Testing 70
Average Directional Index: Bull trend on daily. +DI is starting to approach -DI on the weekly.
Price Action: 24h: -0.4% | 2w: +16.3% | 1m: +10.5%
Bollinger Bands: Weekly is very bearish and the MA is in confluence with the TL
Stochastic Oscillator: Sell signal
Summary: I was hoping to see some more follow through out these last 24 - 48 hours. The volume was there on both breakouts (Feb 8th & 18th) however we have petered out at $4,000 horizontal resistance.
The fact that we continue to consolidate above the 4 EMA is a very strong sign as far as I am concerned. We didn’t smash right through resistance and that left us with two options. Get rejected hard and retrace the full rally from $3,600 or see support move up and consolidate.
The longer we continue to support above the 4 EMA the more likely I think we are to pop through it hard and fast. If that happens then my targets are the bear TL and the 200 day EMA.
If not in a position then I would shy away from BTC due to the resistance that is stacked from here to $5,000. However, there are some other options that appear to have less resistance and better risk:reward ratios.
XRP and BCH look ready for a big rally that might lead the rest of the market through this current area of resistance. Both recently had an ABC correction that pulled the price into a golden cross with the 50 & 200 EMA’s on the 4h chart.
US Oil /Crude Oil idea Support & ResistanceRSI on US OIL still looking bullish and waiting to continue to hit the upper target .
Our preferences , get long buy above 56.50 .
Other scenario , if breaks 56.50 expect 56.20 & 55.80
Thank you .
If you like our chart , you can find more on our telegram channel most updated charts : @FX , bearish vs bullish
P.S Brayzil Team
ZEC/USD Breakout New TargetsWe had a nice breakout of the triangle last week and just an half an hour ago big wall at 134 literally crushed. I can't see any reason for this trade to fail if BTC doesn't gets in our way. I'm going to buy in laddering up and I'll put stop loss at preivous psychological support zone around 130. Let's see if we can reach to the next targets.
SRT Gold SPOT - Whole Trending PairGold is mostly aways from ranging and channels and thats why its the sweet spot. However, Gold is either an Obedient dog or a ratchet one. Finding sweet spots for the pair is the Key because it obeys them.
Over here we have 3 trades based on Trends and SR lines. A broken triangle gives us a bullish but failure to the trade, we take a short on trendline break with two take profits. One or both will be hit this time.
AUDJPY Bullish Breakout Triggered - 4HR The Bullish setup on the 4HR got triggered. During the setup (green shaded area) 2 trades were possible: A pullback trade, with entry at the MTF levels (PB line), and the usual breakout trade at the breakout. Targeting the next MTF levels at 80.863 and 83.960. Trail the stop as the trade develops
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XRP/USD finding supportTaking a look at the weekly chart here, XRP is currently printing a doji at a key support level. It is also forming a double bottom inside a larger double bottom at said support that has held since august. a strong close on the weekly could send us back up and I have posted a couple targets to look for given that bullish scenario. While a failure at .28 cents would be a bad scenario for those bullish on XRP, I believe this chart is currently set up better for a move up. A break of .37 cents to the upside could indicate a much larger move is in the works. Happy trading!
MITH MITHRIL is about to give massive gain of 30-50% very soon#MITH is holding its position around its all time now.There is high chance for its breakout, that would end its downtrend.Last time it showed a rally of 20-25% when RSI moved to 36. currently RSI is playing around 30-33,everytime it touched 35, rally is expected. ADX +DI is around 16 close to -DI,cross over can be instant. MACD is bullish. We are yet to see rally in 2019, and if this breakout happens we can easily see massive gain of atleast 30-50% in a matter of days.
#MITH Mithril MIGHT BE A HIGH RETURN CALL
CALL TYPE : INSTANT PROFIT + #SHORT TERM CALL
EXCHANGE : BINANCE #MITHBTC
ALWAYS HOLD FOR 2ND AND 3RD WAVE TOO
COIN : #MITH/BTC
Buy AROUND : 1420-1480
⏬ TARGETS ⏬
Target 1 : 1550
Target 2 : 1652
Target 3 : 1752
Target 4 : 1949++
StopLoss : 1370 OR HODL OR LADDER POSITION WITH FURTHER -5% STOP-LOSS
FREE CRYPTO TRADING CALLS ON Telegram t.me
BTC/USD - Bearish Divergence and OversoldBTC has seen a 12.5% move down over the last 4 days ranging from $4000, to $3600. RSI entered oversold region on the 9th of Jan and a small bear flag looks to be forming on the 4hour.
I expect we'll seen another leg down to new yearly lows around $2800 over the coming weeks, I will be staggering my long entries within the green boxes. If we see momentum switch bullish again I will be looking to enter into a short term long around $3920 and will most likely hedge with a TRX short. Clear rounding and staggered bullish divergence on the chart could align nicely with lack of oversold momentum which could propel price levels higher over the coming days if $3500 region fails to break to the downside.
BTC Long Idea (Entry (3950) & Exit (4200) )Entry Price would be the .382 (3970$) and .5 (3930$) Retracement levels and should take about 1 day to reach,
Targets will be the .618 (4200$) & .718 (4250$) extensions and should take about 3 days to hit.
Stop loss should be below the .718 Retracement level (3815$) as wave 3 rarely retraces into wave 1 territory
DIsclaimer: This is not financial advice & I am not a financial advisor, always do your own research.
GBPUSD down around 1.26000
Situation
Currently, the price of the GBPUSD is in a downward trend. the price has gone through a large daily support zone. This zone has been bearish tested between 12 and 14 December. We can now determine that this has become a large resistance zone (red). Price is in S/R zone 1 (orange) at the moment. this zone ends at point 1.26000. This is currently being tested several times and has even been broken once.
Now the trend lines are discussed. As you can see, trend line (blue) SR-A (Support-Resistant line A) has been approached several times. You can find these point in the light blue circles. This SR-A has been a very important support line in the past. Price has since risen again but the bulls did not have enough power to raise the price. Because of this the price has dropped again. Now it can be confirmed that SR-A can be seen as a resistance trend line.
The SR-B (Support and Resistant line B) trend line (black) has also been approached several times. You can find these points in the gray circles. The price has not been able to pass the trend line since December 6. This will therefore have an important part in our analysis.
Expectations
I expect the price to reach the top of the S/R zone 1 (price can already fall before reaching this point). It happens in any case when reaching the top of the support and crossing the SR-A line.
After this, I expect that resistance will arise around the indicated 1H S/R zone (green) . This will not be a very high one, but I expect a small contribution from the bulls. Hereafter the course will
pursue the 4H S/R line (1.24839). Here I also expect a struggle in the price which makes me think that bulls will have an input again.
Thereafter I expect the price to drop to S/R zone 2 . This place could be a nice, perhaps temporary TP (Target Profit).
* But when the price would rise here, I expect the SR-B trend line to push the price down again. If this is not the case and the SR-B zone is exceeded, the next resistance will be the SR-A trend line . The SR-B then
becomes the new support trend line.
Despite the possible exceedance of the SR-B , the price will not come quickly beyond the trend line SR-A . Here you can also find the S/R zone 1 . Because this zone is passed in the past, it becomes a resistance
zone. If situation 2 is the case then I also expect that S/R zone 2 will be reached.
If the analysis is successful, we can confirm the following winnings:
TP at point 1.24180 = 165 pips profit
You determine the stop-loss place yourself. I would advise to place it above the S/R zone 1 to achieve maximum gains. You can also take a position at the pullbacks in the chart. Stop-loss sizes are determined by your own risk management.