NIO Ascending Triangle and Wedge UpHey folks, I kept seeing you enjoy my analysis so of course I will do another one and I think it could go even higher than JMIA.
Today I was just contemplating over all the news, youtube videos and so on and so forth about NYSE:NIO
I don't completely see from where people taken the 150$ target for NIO but...🚀🚀🚀
In all seriousness, we have good elevating factors on the 1HR chart, good support and I seek to break the resistance.
In the snapshot you clearly see somewhat of an undeveloped triangle that was showing to take down NIO due to Earnings.
Now we have the same baby triangle with resistance and support getting closer until we break it.
MACD is showing signs of running up just as it did the last time and I marked down the moves that I am pretty sure we might get that same area but better and get to 63$
Wedgebreakout
TSLA Bull Case Scenario Tesla has recently broke out the wedge pattern (the largest wedge so far). The immediate price target is $589 based on the Fibonacci Trend. Expect volatility before reaching the next resistance and potential correction. Overall Tesla is bullish and I do not see any immediate short term trend reversal.
XRP/USD LONG $.70 min.XRP appears to be in a bullish descending wedge structure after the last drop. If this holds true, I’d expect another run at the local top. This is all depending on what BTC does of course. Have a plan, but overall I like the way XRP is looking on both USD & BTC pairs.
GOOD LUCK Y’ALL!
DESCENDING WEDGE ON EURNZD 4HR price is currently holding off the 1.69800 institutional price level after making three touches on the level. i'm anticipating price to break through that level and surge upwards to end the week. price is currently printing indecisive candlesticks. i'll be monitoring for a BUY setup next week.
NKLA prepare to LongWedge Breakout
Prepare to long when back to up trendline;
Entry 20
Stop 15
Target 35
Trading Stock, wait for this entry point.
IV is high. Sell Put under the entry point for now.
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
GPBJPY wedge breakout, retest and confirmation.GPBJPY was forming a neutral wedge, which it broke out from towards the downside. After waiting for a retest, price broke through our resistance and had a retest towards the upside. After confirmation from the retest, a buy was placed for a r/r of 11/1.
GBPUSD is inside a rising wedgeGBPUSD is inside a rising wedge, and the price is testing the monthly structure.
We can expect a breakout downwards, and we can looking for a short position ONLY IF the price will break the rising wedge.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
BALBTC nice breakout the from falling wedge 🦐BALBTC nice breakout from the falling wedge, and now the price is trying to have a breakout from daily resistance.
IF the price will have a breakout and flip the previous resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
LTCBTC is inside a falling wedge 🦐LTCBTC is inside a falling wedge and the price is trying to have a breakout upwards.
IF the price will break the falling wedge and flips the weekly resistance into weekly support, According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
QTUMUSDT Is trying to have a breakout 🦐QTUMUSDT Is trying to have a breakout from the falling wedge and daily resistance.
Be careful with ascending weekly trendline.
IF the price will have a breakout from the weekly trendline and flips into support, According to Plancton's strategy, we can set a nice order
Weekly
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
RVNUSDT are you Alive? 🦐RVNUSDT are you Alive?
The price created a double bottom on the weekly structure and the price had a breakout from the falling wedge.
The price Is testing daily support.
We are looking for a new bullish impulse, According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
INJBTC is trying to have a new breakout 🦐INJBTC is trying to have a new breakout from descending channel after a very nice bullrun.
The price bounced on 0.618 Fibonacci level.
IF the price will have a breakout and turn the resistance into support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
XMRUSDT(Falling Wedge)XMR/USDT currently trading at $120
LONG Entry Level:$ 117 to 120
STOP LOSS ( support): Below $112
Resistance Level 1 : $138
Resistance Level 2: $153
Resistance LEvel 3: $300
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
KAVABTC (Falling Wedge Formation in Day Chart)KAVA/ BTC currently trading at 0.0009900
LONG Entry Level: Above 0.00012500 (Only Enter Long After 1 days candle close Above Resstance level at 0.00012500 )
STOP LOSS ( support): Below 0.00008100
Resistance Level 1: 0.00023000
Resistance Level 2: 0.00028900
Resistance Level 3: 0.00038800
Resistance Level 4: 0.00046600
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
UGI retracing above wedge resistanceIt broke out of that wedge and it retraced. It tried to go back up but then was rejected two more times so far. I'm hoping to get in at $35.63. My risk is $34.25 which is not too bad.
I saw that there was a lot of insider buying at $33 about a month or two ago (according to Finviz).
I'm hoping that it breaks above that resistance line if it does go back up.