BRETTUSDT trade ideas
$BRETT breaking out .... $BRETT breaking out, break of structure - forming a HH after a HL - coming up to a test of keys MA/s .. my first TP zone
BRETT LONG SETUP ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
Brett (BRETT/USDT) TECHNICAL ANALYSIS + PRICE PREDICTIONTechnical Analysis by Blaž Fabjan
Price Movement:
The asset shows a clear downtrend, followed by a short period of consolidation, and it is now breaking through a resistance level.
There is a marked bullish pattern, indicated by the breakout from a flag/pennant formation (shown by the blue upward line). This is often a continuation pattern signaling that the prior trend may resume after the consolidation.
Resistance Level:
There is a horizontal resistance line that has been marked. The price seems to be challenging this resistance after breaking out of a small downward consolidation channel (the flag pattern).
Indicators:
VMC Cipher B Divergences: This indicator shows a bullish divergence (green dots). The blue wave in the oscillator indicates increasing bullish momentum, which supports the potential for an upward move.
RSI (14): The RSI stands at around 52.62, showing neutral to slightly bullish conditions. This leaves room for a potential upward move without being in overbought territory.
Stochastic RSI (14,3): The Stoch RSI is currently at 62.37, showing that there might be a slight pullback in the short term, but overall, it is still in a favorable range for buying as it is not overbought.
Trading Plan:
Entry:
Based on the breakout above the resistance line and the upward momentum, the chart marks a "good buy option" point right after the breakout of the downward consolidation channel.
An entry around the current price of 0.0880 USDT would align with this technical signal, as it is near the breakout zone.
Stop Loss:
A safe stop loss could be placed just below the recent consolidation low at around 0.0700 USDT. This level would invalidate the bullish setup if the price were to fall below it.
Take Profit:
The target for this move could be aligned with the previous swing highs. The chart suggests a potential move toward the 0.1000 USDT level, which could be a conservative take-profit point based on the prior trend.
If momentum continues strongly, the next possible target could be at 0.1100 USDT.
Risk/Reward Ratio:
Entry at 0.0880 USDT, stop loss at 0.0700 USDT, and take profit at 0.1000 USDT gives a risk/reward ratio of approximately 1:2, which is a reasonable trade setup.
Conclusion:
This chart suggests a potential short-term bullish opportunity for BRETT/USDT, particularly if the breakout is sustained. Based on the current indicators, a pullback could be expected, but the overall trend points towards upward momentum, making it a good buying opportunity if proper risk management is applied.
BRETT/USDT: ABOUT TO BREAK OUT! 150% MOVE EXPECTED!!Hey everyone!
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BRETT looks good here. It tries to break out from the descending triangle in the daily time frame. A confirmed daily close above the triangle would lead to a 100-150% move to the upside.
Entry range:- $0.07-$0.08
Target:- 100-150%
SL:- $0.056
What are your thoughts on BRETT's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
BRETTUSDT $BRETT I would not miss this long if I were you
BTC is on the verge of reversal . Give it a few more time to stabilize around these levels and alts should pop soon . Unless BTC nukes under 60k , this should be an easy play
BRETTUSDT.P ICT2022 MODEL (THU 22/08/24)1H TF
liqudity swept
break market structure
entry at 1h +OB
sl at swing low
tp at swing high
BRETT SETUP WITH PRO STRATEGYFirst we see a large pattern known in technical analysis as a bullish flag, characterized by an impulse and a retracement without losing the beginning of the impulse, however we observe that this pattern extends for about 98 days without a breakout or even a false breakout based on the 1-day time frame, we see that it is an asset that respects classical and graphic technical analysis with breakouts worked out in efficient ways and respecting graphic figures in ways that textbooks teach, today we had the first breakout of a symmetrical triangle or descending wedge pattern at 0. 08069. 08069, however in an analysis of orders we see a big player who sold absurd numbers of Brett at a price of 0. 0900 WHICH COMES INTO COFLUENCE WITH MY CONTROL ZONE identified on the chart which makes me consider with a statistical probability of 90% A SHORT IN THIS REGION PROTECTING ME WITH THEIR MONEY, however as we are professionals and do not act on the emotion of the moment without FOMO or FUD, we should wait based on the gf1 indicators for the loss of the level of 0. 07721 for a safe short with a high statistical probability of reaching the minimum level of the descending channel created since JUNE 7, 2024, knowing that this asset has little data for analysis in longer time frames, we have 1 day in an uptrend and 8 hours evolving into a downtrend, as 4 hours is the reversal time frame and it is losing buying strength, which underscores my thesis on this asset, in addition to the oscillator showing that it is in a clear and strong bear zone.
STRATEGIC SUMMARY:
AT THE MOMENT THE ASSET IS CLEARLY AUTISTIC ON A 1-DAY TIME FRAME, SELL IF IT LOSES 0.77221 WITH A TARGET AT 0.05866 WHICH IS THE OLD RANGE AND A SECOND TARGET AT 0.037 THE BASE OF THE BEARISH CHANNEL.
BUY IF IT BREAKS THROUGH 0.09582 AND SELL TARGET 1 AT 0.1173 AND TARGET 2 AT 0.25822.
BRETT/USDT Breakdown: Next Stop $0.080?The 15-minute chart for BRETT/USDT shows a bearish structure with a potential breakdown on the horizon.
The price has been moving sideways within a tight range, but it recently breached the key support level at $0.08483, signaling possible further downside momentum.
The shaded blue area on the chart represents a potential drop zone, where the price could decline if bearish pressure continues.
The next major support level to watch is $0.080, which could be a significant target for short sellers.
Given the break below support and the retest of the breakdown point, the price is likely to continue lower if it fails to regain the $0.08536 level.
BRETT CyclesHave we seen Brett like this before? I think we have, the altcoin market has not been good and we are expecting for choppy times, what I propose is Brett being on a similar position on a lower marketcap and shorter timeframe, this same projection has been playing out quite similarly and might give us some clue to what can happen. COINEX:BRETTUSDT
$BRETT getting ready for another push to ATHMassive hidden bullish divergance currently shown. $BRETT has been making waves in the crypto space as being the largest memecoin on base chain & also the first memecoin on base to reach a billion mrktcap. Thesis is $BRETT will follow PEPE as ETH makes new highs.
BRETT Continues To Trade At Support LevelBrett has been trading in a bull flag for more than two months. During that time, the token made several unsuccessful attempts to breakout of the flag.
Conversely, the latest sell-off temporarily pushed the price below the lower trend line. However, Brett moved back into the channel quickly.
➡️ Where are we now?
Although Brett trades back in the bull flag, it hasn't been able to gain substantial momentum. Conversely, it remained close to the support line. Additionally, a break of the short-term downtrend (EMA25) was rejected. As a result, Brett trades in a clear downtrend on the 4H chart (price below EMA200, 100, and 25).
🧐 What to do?
I am cautious with short-term long trades. Since the trend clearly shows a downtrend, you will only go short at this time. As the first promising signal, we need the price to move above the EMA25 and, even better, the EMA25 to move above the EMA100. Until then, I will keep my feet still. No trade position is a position, too!
BRETT Technical Analysis in a Daily TimeframeHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
In this daily timeframe, BRETT is showing a rebound from the support level of $0.08143. The price is currently at $0.09923, and if the market favors the bulls, BRETT will likely rally toward the $0.1324 resistance trendline.
Key levels:
- Primary Support: $0.08143
- Resistance: $0.1324
- Upper Resistance: $0.1955
- Invalidation: A close below the support level.
DYOR. NFA.
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BRETT About To Reconquer The Bull FlagWe watched Brett closely before the recent drop since it was about to break out of its bull flag several times. However, in the end, the token was rejected every time, and we didn't enter (fortunately).
Yesterday, Brett delivered one of the most exceptional performances. First, there was a massive drop of ~30%. Accordingly, Brett was among the biggest losers — intraday. However, Brett started a fulminant recovery and closed the day green!!
Today, Brett is already up more than 10% and has also engulfed Sunday's price drop. This is actually one of the strongest performances I have seen during the last few days.
Although I am not a fan of meme coins, I am a fan of trading opportunities, and Brett's strength definitely caught my interest again.
However, I will stick to my previous strategy and wait for a break from the bull flag to the top. Once this happens, I will definitely be in for a ride!
BRETT — Ready To Breakout And Surge 115%After a short correction, Brett returned to the upper trendline of the bull flag. This time, the meme coin seems more than willing to break out this time.
Already last week, I talked about the bull flag Brett entered after its massive pump in May. Moreover, Brett made several attempts to break it, but so far, the token has always been rejected.
Today, Brett is one of the top gainers, with 11% at the time of writing. It also touched the trendline shortly but obviously did not have enough power to push through after the pump.
Nevertheless, based on the current momentum, Brett is ready to break the resistance. Once broken, Brett will easily rally 30% to its next resistance. But that won't be the final destination. Based on the pole flag of the bull flag, Brett's target sits at 0.3 !!
As always, we should wait for a clear breakout and confirmation on a higher timeframe before entering a trade!
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Why BRETT Can Pump Another 115%Brett delivered an amazing performance in May/June, surging over 500%. Logically, it entered a healthy consolidation phase after this massive pump.
After hitting the local high (0.19) in June, Brett initiated a bull flag pattern, and the price descended 30% to 0.125.
To clarify: Such a correction is healthy and needed — especially after a 500% pump. Moreover, the pattern Brett currently prints is a bullish continuation pattern. Accordingly, there is a high chance of an outbreak at the top.
In this case, Brett has to tackle the resistance at the latest top in a first step. Based on the current price, this has a potential of 30%.
And here's the spicy part: Once this resistance falls, the next logical resistance sits at 0.3, resulting in a potential of 115%.
From a market cap point of, such a move would catapult Brett to the level of FLOKI, WIF, or BONK.
Brett looking strongBrett is forming a huge bull flag pattern get ready, I was conservative on my target just so you know
BRETT healthy retrace supportlooking for support below at the marked areas of confluence.
the breakers are marked by Supply/Demand volume.
the bigger the number the better the support.
The yearly vwap could be a great bounce. We shall see.
Not Ever Financial Advice.
BRETT STILL BEARISH, AS NO BOS HAS OCCUREDAppears to be a pullback to entry. We could expect a liquidity grab after sweeping the buyside liquidity just above as entry to sell to the nearest sell side liquidty and orderblock located at the bottom as seen on the chart.
Short This Crap...One of CTs favourite shilled memecoins...yep probably in the bagholder phase where all the wild targets are being thrown around on a massive bull trap...Q the free fall.
$BRETT Broke It's Critical Trendline - Dump Incoming!I understand the bull case for $BRETT with all the influencers supporting it and it being the "Blue Chip" on BASE, but....
the chart is at an inflection point now after breaking its trendline, and battling to hold the 50% retracement level
if it doesnt hold, expect ~20% dump to the .382 fib, but more likely 40% to .236
if it rallies from there, which it should with all the influencers supporting it, then you should have a good meme on your hands.
maybe ill consider buying at the .236
BRETT PriceThe BRETT memecoin traded in an uptrend and decisively held gains in the upward trajectory and makes a strong contender to outperform in the upcoming sessions.
