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RDNT ANALYSIS🔮 #RDNT Analysis - Breakout 🚀🚀 💲💲 There is a breakout of Falling Wedge Pattern in #RDNT. It's a daily time frame breakout and there is an instant resistance zone if the price closes above the resistance zone then we would see a bullish pricemovement. Also a perfect retest is done.  📈📈 💸Current Price -- $0.0844 📈Target Price   --  $0.2000 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #RDNT  #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
1
GBPJPY 1H Finally Going to Jump? Strategy Explanation GBPJPY has been consolidating for almost 2 weeks on 1H chart, plenty of traps have been set within this range, thus a lot of liquidity has been generated presumably. The question is: In the coming week, will GBPJPY finally break out the resistance level and activate all potential BUY limit orders to push the price up towards target zones further above (seen on the chart)? I think it is very likely that the current 1H purple demand zone is where the market will jump from, so a pretty simple BUY limit order can be set up around this zone(see the LONG Position widget): Entry: 191.638 Stop Loss: 191.030 Take Profit: 194.703 (potential 4H Supply Zone from 194.703 to 197.578) Risk Reward Ratio: 5.0 Cautions If the red "Caution level" at 190.900 is reached first, then the consolidation period of GBPJPY probably will be continuing and new market analysis will be made. I don't recommend risk too much on this trade since no upward confirmation signals has formed yet, but it is still a trade worth taking concerning the RRR is around 5. Higher quality BUY opportunities can be found after the 1H resistance level has been truly broken, if you don't feel safe on the current one. Remember: Trading is a game of probability and Risk Management is the key.
Long
by ForextWaveTrading
$DXY | SilverEdge Insights |Technical Confluences: Price action is in Oversold conditions in the Daily and Weekly Timeframe. Likely to see some consolidation of positioning here. Price action broke out of an Upward Sloping Parallel Channel and cleared itself out of the that Interest Zone too. Likely will see a test to re-enter that Channel due to Oversold conditions. Elliot wave count shows it is trying to compete Wave C (expected target would be to 71% Fibo Extension levels - possible to test the 100% Fibo level) A new Downward Sloping Parallel Channel is in play now and Price action needs to see it break the mid of the Channel to see a substantial move downwards Fundamental Confluences: With the expected cuts, market started unwinding their long USD positions and it is reflected in the TVC:DXY The extent of Wave C will really depend on how quick and reactive is the FED in cutting rates (the higher chances of 50bps cuts; the likelier we will see USD get sold. Building into next week, we are likely to see some traders cover their short USD positions as they size down before NFP data. However, if there is any gyration on the geopolitical front or US elections, it is possible to see the TVC:DXY reverse back to the top of the Downward Sloping Parallel Channel and top out at the Interest Zone area again
INDEX:DXYShort
by weekendanalyst
AAVE/USDT: 10X POTENTIAL TRADE SETUP!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! AAVE looks good here. It breaks out from the symmetrical triangle in the weekly time frame and is currently, retesting it. Buy some here and add more in the dip. Entry range:- $100-$120 Targets:- $250/$420/$740/$1020/$1320 SL:- $69 What are your thoughts on AAVE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
4