Trust Wallet TWTUSDT - The most bullish altcoin + Triangle!- TWT is currently one of the most bullish altcoin on the market as you can see on the weekly chart.
- We have an ascending triangle - very bullish pattern and you can buy now or buy a breakout above the neckline.
- The platform was acquired by Binance in July 2018.
- The full Trust Wallet team is not public, but it is known to comprise over 20 individuals — many of which have overlapping roles at Binance.
- Profit target is around 10 USD (1.618 FIB extension from Wave (1) -> (2)).
- If we check the volume indicator, we can see there is absolutely no bearish pressure, which is good to see!
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Ascending Triangle
BTC will history repeat in 2022? Breakout soon?I'm comparing the breakout of 2018 BTC bear market bottom with potential 2022 breakout)) I noticed there is the same ascending triangle pattern which had been rejected 4 times before massive breakout. As I mentioned in my previous analysis I'm bullish on BTC and more likely it will break and pump min to 24-25K, even 28K/my targets mentioned in previous analysis based on my TA. So look at them and pay attention to my other bullish ideas and thoughts)) .
Ethereum ETHUSDT - Complete Elliott Wave + Rising wedge (weekly)- Ethereum is forming a rising wedge on the weekly scale, but there is stil missing a last 5th impulse Elliott wave.
- The price is sitting on the 200 weekly moving average, it is good practice to think of this MA as a zone and not a level.
- 200MA is considered as strong support by huge hedge funds and institutions and is probably the strongest MA on macro scale.
- If we take a look at the RSI indicator - it is on the level of "strong buy" by historical data.
- The RSI indicator is showing a nice trendline, which we can watch and potentially buy a breakout with confluence with other indicators.
- Also the RSI helps us to identify first and third impulse wave by looking at the divergences.
- As per my Elliott Wave analysis - Ethereum is deeply missing a 5th impulse wave, so i think the bull market is imminent.
- Next impulse wave target is 10 000 - 20 000 USD per ETH.
- Look at my idea about Bitcoin (complete Elliott wave) and TOTAL crypto cap in the related section down below ↓
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ONMOBILE - Short term opportunity with 50% ROI All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
SiaCoin SCUSDT - Breaking out! Falling wedge + Triangle- On the daily chart we can spot a falling wedge - bullish reversal pattern that is currently breaking out!
- Also we can see a local ascending triangle, also a reversal pattern.
- As per my Elliott Wave analysis, this impulse wave should be completed successfully.
- Now I am expecting a retracement to 0.618 FIB + previous swing low from February.
- Look at my ideas about another interesting altcoins in the related section down below ↓
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SPX ascending triangle & C&H breakoutI'm looking at 4h timeframe. If S&P succeeds in breaking out parallel channel, the neckline of Cup and Handle pattern and at the same time ascending triangle upper band/resistance/ more likely it will hit 4180-4200$ target as mentioned on the chart. Before reaching the mentioned target. I expect a small rejection at 1.61 fib level and retest of C & H neckline.
This move/pump/ will be very bullish for BTC as they are highly correlated and it will give room to it. And simultaneously BTC will break the ascending triangle formed by a nice double bottom/Adam & EVA pattern/ with the target 24-25K published on my previous analysis. I even expect it to test the main trendline and horizontal resistance at 28-30K .
BTC double bottom and ascending triangle I'm looking at daily timeframe. BTC has broken a symmetrical triangle and completed Adam & EVA double bottom pattern. At the same time it formed An ascending triangle. If BTC succeeds to close daily candle above 21.9K ascending triangle and Adam & EVA pattern breakout will be confirmed. Targets are mentioned on the chart.
STPTBTC - 20 000% opportunity! + Huge Base / Head and shoulders!- We have a massive base on the weekly timeframe / inverse head and shoulders!
- If you love bases as much as I do, then this is definitely your opportunity for great gains!
- Volume looks solid, no bearish pressure and we have a massive volume spike, which is always good to see.
- The price is currently above the POC level, so we can expect a pump any time soon.
- You can buy a breakout above the base for a safe trade with confirmation.
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ETH POSSIBLE SCENARIO!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is once again getting rejected from its main resistance level which is at the $1280 level. ETH is forming an ascending triangle pattern and trading inside it. I'm expecting a breakout of this triangle sooner or later.
My strategy is to accumulate ETH in the range of $1100-$11050 and hold it till $1800
As of now, it's better to wait and watch out for the levels carefully.
Invalidation level:- If we get a close below this triangle then simply exit.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
INTU - near term upsideINTU hit the low on 13 May and has not gone any lower since. It has been chopping sideways for almost 2 months and appears to be forming an ascending triangle (odds of breaking up is greater).
On the monthly chart, we are seeing a possible 3rd inside bar this month and also a bullish divergence with the RSI.
A breakup of the ascending triangle at 425 could be early signs of optimism. However, an bounce right now may still be on a short term swing basis only until we see more signs of a sustainable reversal.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
STORJBTC - Ascending triangle on the weekly! + Record volume- On the weekly chart we can see a beautiful ascending triangle - one of the most bullish pattern.
- If we take a look at the volume indicator - there is a massive volume spike, which is positive.
- The first impulse wave has been completed (hard to catch), but it doesn't matter, because the third wave is usually the strongest!
- You can buy a breakout above the ascending triangle and take profit at the all time high level.
- 20x is possible in next months!
- Look at my ideas about another interesting altcoins in the related section down below ↓
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Golem GLMBTC - Huge ascending triangle! + Breakout soon- On the weekly chart we can see an ascending triangle - the most bullish pattern!
- Great opportunity to 24x your capital in upcoming weeks/months.
- If we take a look at the volume indicator - bullish volume is definitely higher, which is great.
- The price is now above the 200 weekly moving average. This MA is considered as a strong support by huge institutions.
- Look at my ideas about another interesting altcoins in the related section down below ↓
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JKS - Renewable Energy. Ascending triangle setupSigns of accumulation on the right side of this ascending triangle formation
JKS holding up nicely since March 2022 while the general market is going down
Outperforming the SPY, Sector and Industry
You don't need to know what's going to happen next to make money ~Mark Douglas
Anything can happen ~Mark Douglas
Binance BNBUSDT - Macro Elliott Wave Analysis + RSI + Volume- As per my Elliott Wave analysis on the weekly chart - this coin looks very strong and we should experience more bullish sentiment.
- We are currently in the huge impulse wave 3, subwave 4.
- If we take a look at the volume , pretty much no one is selling, which is a good sign.
- 200 weekly moving average is considered as a massive support by big instituions and we are currently very close to this level.
- On the RSI indicator there is a bearish trendline , that can start a new uptrend when it breaks up.
- BNB is the safest way to speculate on altcoins.
- Look at my ideas about another interesting altcoins in the related section down below ↓
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AutoFarm AUTOUSDT - Record Volume + HUGE Channel + Elliott Wave- On the daily chart we can clearly spot a descending channel , which is very close to a bullish breakout!
- If you take a look at volume , we have a massive bullish volume spikes - always good to see.
- 200 weekly MA is actually acting as a resistance, but if the channel breaks up, then the MA will too!
- Due to my Elliott Wave analysis - 12345 Impulse wave should be completed and now are expecting at least a retracement to 0.618 FIB.
- Look at my ideas about another great altcoins in the related section down below ↓
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Keep3rV1 KP3RUSDT - Huge breakout! Falling wedge + Elliott Wave- On the daily chart we can see a nice falling wedge / descending triangle, which is very close to a bullish breakout!
- We have a local double top above the wedge and we can definitely buy a breakout above this level for a confirmation trade.
- 0.618 FIB + End of the Wave 1 + End of the Wave 4 is the next resistance, so you can setup your profit target here.
- If we take a look at the volume indicator - there is a strong bullish volume and that is always good to see.
- As per my Elliott wave analysis - Impulse Elliott Wave has been completed succesfully and now I am expecting at least an ABC correction.
- See my ideas about Bitcoin and Ethereum in the related section down below ↓
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Ethereum in an Ascending Triangle. It's Time for a Pump?It seems that sellers are exhausted (for now), and cryptocurrencies are showing signs of recovery. The leading altcoin, Ethereum, is in an ascending triangle on lower time frames. It is a bullish pattern that tends to break above the horizontal boundary.
If that happens, we can buy ETHUSD.
The target should be equal to the triangle's height.
Stop-loss, below the triangle's horizontal line, with some space so the trade can breathe.
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EURAUD, The Triangle Pattern CompletedEURAUD has completed the ascending triangle this morning. We can long EUR against AUD, with a target of 1.62. The target is determined based on the triangle's height. We measure the height of a pattern and use that distance as our target.
Stop-loss should be placed below today's low. That gives us a great R:R.
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TCDA - Ascending triangle breakout. Retest breakout levelHigh volume throwback to the breakout likely was a shakeout move.
Risk: 90 bps
You don't need to know what's going to happen next to make money ~Mark Douglas
Anything can happen ~Mark Douglas