Extremely Good News For Bit Coin Hodler ! BTC Next MoveBit Coin is performing a very good sign for hodlers. In the 1D time frame it has broken a big descending triangle to upward and currently it is retesting it. This is very good sign for bull market continuation. Technical target for this breakout is $ 75,000 exactly !
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Breakoutsignal
$LMND end of week target $80⚠️ Risky setup!
If it breaks out the first descending trend line, entry at $75.36, stop loss at $65.59.
The first “mini” target at the 50 moving average $80 with a high risk of resistance and bounce back, therefore, move the stop loss at break even.
If it breaks out the $80 resistance line, then the next target is $87.71
$AI target end of week $60The past week, $AI has been consolidating below the 50 moving average, trading sideways until reaching the descending resistance trend line. In the meantime, putting 2 higher lows, forming an ascending support line.
If this week it breakout above 50 MA, it’s a buy for me.
Entry at $52.41
Target 1R $60
Stop loss $46.44
Cardano ADA Breakout PointIts been a week for Cardano ADA stay in its Sideway Channel, and today we see ADA still stay in its Support Price.
If we draw a Sideway Pithfork from 2.275 to 3.028, then there is Resistance price at 2.441.
I think if this Resistance break again there is a chance ADA to keep going up to 2.662 and 2.815 before Sell Pressure come.
Lets wait until ADA breakout 2.441.
QTUM in symmetrical triangleQTUM wants to break out from this symmetrical triangle formed 9days ago. Running out of space and in the range also. MACD golden cross, RSI looking up, and SRSI could use some cool off tome soon. The market is BAD for alts these days, and I would enter it after retest. And retest could come soon because of that SRSI.
HNTUSDT is creating a bull flagHNTUSDT is creating a bull flag and now the price is testing the 4h resistance. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
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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.
AXS trappedAXS has been trapped in this range last 7 days, bouncing up and down. If this rock-solid support zone is lost, we could see a solid move down, and if finally break this resistance above, we could expect a nice upside. SMA 20 and 200 are almost flattened on 30mins chart and this could be a nice base for catching the next move. Set alarms and don't miss this. Good luck traders
IOTX descending triangleDescending triangle, support at 0.06 seems to be holding for now. Looks like we could go up, but still have one more chance for a retest of a support level - SRSI on 1hr is too high. If support is lost (pulled down by possibly another BTC dump), we could take a short position. Good luck traders
TRXBTC is testing the weekly resistance 🦐TRXBTC is testing the weekly resistance. If the price is going to have a breakout,
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.
GBP USD Setup - 13-09-2021Hi Traders,
GU is likely to break this structure to the downside. The 4h chart is giving us a double top pattern and the 1h chart is making a head and shoulders pattern which gives confluence. A break of this structure can make price test the 1.38000 Levels.
Happy Trading.......
BEAM me up ScottySymmetrical triangle 6 days long... well it has a chance to be a nice move... Indicators look ok, we need that SRSI to turn back up... Until that, we could see a drop from the triangle and retest of our marked support level... Set alarms and catch it wherever it goes... Good luck traders
LRC moving soon?LRC looks like it's ready to move up, VOL decreased, RSI SRSI, and MACD all look bullish in 4hr chart. LRC wants to break this descending trendline that is much better defined on the 1hr chart. I would wait for the price to break the previous support level before entry... Set alarms. Good luck traders
POND ascending trianglePond in ascending triangle, 3 times already was rejected from 0.169, and now lies on support trendline formed with this amazing run-up. Level 0.145 seems to be the local bottom and if it's lost we could open a short position. If the price breaks this significant resistance by 0.169 we could open a long position. Good luck traders