$LTC/USD 3D (Binance Coin-Futures) Ascending channel on supportLitecoin broke-out bullish a few weeks ago and has now pulled back towards 100EMA where big demand zone stands, let's swing!
Risk/Reward= 1:2.5 | 1:4.6 | 1:8.24
Expected Profit= +50.72% | +93.57% | +167.57%
Possible Loss= -20.33%
Fib. Retracement= 0.702 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 5 months
litecoin.org
Current Price:
195.08
Entry Zone:
191.92 - 171.62
Take-Profit Targets:
1) 273.97
2) 351.86
3) 486.37
Stop Targets:
1) 144.82
Bullishbreakout
$STMX/USDT 1D (Binance Futures) Symmetrical triangle breakoutStorm X reversed and double broke-out bullish, continuation is in play but we believe a last retest of TL & 50MA is likely first.
Current Price= 0.02420
Buy Entry = 0.02103 - 0.01848
Take Profit= 0.02863 | 0.03749 | 0.05297
Stop Loss= 0.01533
Risk/Reward= 1:2 | 1:4 | 1:7.5
Expected Profit= +44.89% | +89.73% | +168.07%
Possible Loss= -22.42%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 2 months
$IOTA/USDT 1D (Binance Futures) Falling wedge breakout & retestInternet Of Things Application is pulling back to demand zone, retesting 50MA support, seems like a nice place to start a swing!
As its name stands, this is an IoT project also available of BSC, more information on www.iota.org
Current Price= 1.3333
Buy Entry = 1.3424 - 1.2540
Take Profit= 1.6873 | 2.2630 | 2.7920
Stop Loss= 1.0753
Risk/Reward= 1:1.75 | 1:4.33| 1:6.7
Expected Profit= +29.97% | +74.32% | +115.07%
Possible Loss= -17.17%
Fib. Retracement= 0.702| 1.117 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 3.5 months
ZECUSD finally triggers doubles bottom & reaches target.We can see the initial target for the double bottom breakout has been hit. Now the question is whether or not the higher target which is the Inverse Head and Shoulders breakout target will be hit or not. Odds are good it will be, however we may see a retrace first.
Just realized I never posted these targets.I was looking back through my ideas and realized I didn’t see a published version of the breakout targets for the weekly bull flag I’ve been watching for awhile now…So I decided to post one now. I’ve been saying this for months now but once we flip the top trendline of the channel which is also the flag of the bull flag to solidified support thereby confirming the breakout that we had 2 huge targets to look forward to. The first one around the 64k level is the breakout target just for the channel itself. The bigger target at 97k is for the entire bull flag. As with most pattern breakouts on this large of a time frame it can take multiple months sometimes to reach the full breakout target. Rest assured though we have most definitely confirmed this breakout and we should hopefully see the channel target reached in the next few weeks and the flag target reached within 2 months time. Just a rough estimate on my part but I’m confident we will eventually reach both targets.
Btcusd getting closer to reaching the channel breakout target.As I have shown extensively in previous ideas, we broke up from this green channel in August. We are finally nearing the point where we should be reaching the measured move breakout target of 64150 in the next few days. This should allow us to retest the ATH for BTC. A correction is to be expected afterwards at that point but not guaranteed. If we were to correct at that point I think we will ultimately maintain the support of the weekly 50ma and likely the daily 50ma as well. A retracement to as low as 50k could very well be in the cards however before the next big leg up. My next targets after this would be of course the whales favorite psychological zone of 66,666 and then 68111 (the target of the bull pennant with the yellow wedge), after that 72500 and then 80k(inverse h&s target) before my final current measured move target of 97k. The 97k target is the measured move taken from turning the channel who’s target we are about to hit, into a giant 2week chart bull flag. Now that the channel is reaching it’s breakout target, the entire bull flag is likely to as well.
ETHUSD’s handle to its c&h is an inv h&s about to triggerCheck out this beauty. A nice,slightly downward tilted cup and handle pattern on ethereum. We can see the handle of this cup and handle is also an inverse head and shoulders pattern, and that inv h&s pattern looks like it’s about ready to trigger/confirm its breakout. If it does the measured move target is right around 4700. If it therefore confirms that breakout it will likely confirm the c&h breakout as well as price action makes it’s way to the inv h&s breakout target. My guess is we will see a breakout within a week or so.
$LTC/USDT 12h (Binance Futures) Descending channel breakoutLitecoin seems to finally be done with the down-trend after regaining 50MA support.
It already retested it once but could dip a last time before heading towards 200MA!
Current Price= 136.33
Buy Entry = 132.73 - 123.77
Take Profit= 155.64 | 176.38 | 199.91
Stop Loss= 106.26
Risk/Reward= 1:1.25 | 1:2.19 | 1:3.26
Expected Profit= +21.36% | +37.53% | +55.88%
Possible Loss= -17.15%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1 month
Possible Strong Start Tomorrow & Strong Close End Of The WeekAlthough AMC experience strong movement today and yesterday. It is possible for AMC to retest the $38 tomorrow. What I like to see is can $AMC retest $44 tomorrow and close it there? If so the weekly chart suggest a bullish breakaway. If not I will readjust. My conviction is that at first AMC was showing bearish divergence in the last 2 hours but the 1 min chart in the last 1 hour create a Falling wedge and double bottom. The last same hour in the 30 min chart which I publish could be a morning start. There is some volume incoming in the last hour. But nothing is for certain. Again we may retest the $38.50s again.
$REEF/BTC 2D (Binance Spot) Big fat falling wedge breakoutReef.finance is looking very bullish here against Bitcoin on macro view, especially after regaining 50MA support!
Current Price= 0.00000050
Buy Entry= 0.00000051 - 0.00000047
Take Profit= 0.00000067 | 0.00000085 | 0.00000099
Stop Loss= 0.00000037
Risk/Reward= 1:1.5 | 1:3 | 1:4.17
Expected Profit= +36.73% | +73.47% | +102.04%
Possible Loss= -24.49%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 3 months
Bullish Pennant Pattern in MIndtreeMindtree is continuously making higher highs and higher Lows HHHL with Pennant pattern.
Once broken then we might see 4220 in the coming month.
$BTC/USDT 15m (Binance Futures) Descending trendline breakoutBitcoin has broken out bullish locally again and 50MA is acting as support now, it is likely to go for a higher high!
Long time not scalping it, this is a very zoomed in view, use small position and respect the set-up (as always).
Current Price= 49451.12
Buy Entry = 49441.08 - 49244.64
Take Profit= 49939.57 | 50372.89 | 50946.06
Stop Loss= 48863.58
Risk/Reward= 1:1.25 | 1:2.15 | 1:3.35
Expected Profit= +14.52% | +25.08% | +39.00%
Possible Loss= -11.64%
Fib. Retracement= 0.786| 1 | 1.272
Margin Leverage= 12x
Estimated Gain-time= 1 day
$COMP/USDT (Binance Futures) Falling wedge breakoutCompound is looking good for bullish continuation here after regaining 100EMA and breaking out.
Current Price= 455.95
Buy Entry = 455.63 - 442.81
Take Profit= 496.82 | 548.43 | 601.95
Stop Loss= 1039.8
Risk/Reward= 1:1.25 | 1:2.6 | 1:4
Expected Profit= +21.20% | +44.16% | +68.00%
Possible Loss= -17.02%
Fib. Retracement= 0.786| 1.117 | 1.414
Margin Leverage= 2x
Estimated Gain-time= 5 weeks
$VIDT/BTC 1D (Binance Spot) Descending wedge breakout and retestVIDT Datalink looks really bottomed here and ready for reversal after that bullish breakout!
Also, it's a Collectibles & NFTs project, working on Binance Smart Chain and Fantom Ecosystem.
Current Price= 0.00001077
Buy Entry= 0.00001080 - 0.00000984
Take Profit= 0.00001331 | 0.00001583 | 0.00001991
Stop Loss= 0.00000792
Risk/Reward= 1:1.25 | 1:2.3 | 1:4
Expected Profit= +28.97% | +53.39% | 92.93%
Possible Loss= -23.26%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 2.5 months
$CHR/BTC 4h (Binance Spot) Falling wedge near breakoutChromia has formed a bullish pattern and looks ready to break-it, but we may see a last pull-back to 100EMA first.
Current Price= 0.00000871
Buy Entry= 0.00000838 - 0.00000806
Take Profit= 0.00000926 | 0.00001012 | 0.00001132
Stop Loss= 0.00000739
Risk/Reward= 1:1.25 | 1:2.29 | 1:3.73
Expected Profit= +12.65% | +23.11% | +37.71%
Possible Loss= -10.10%
Fib. Retracement= 0.618 | 0.893 | 1.272
Margin Leverage= 1x | 2x
Estimated Gain-time= 2 weeks
$AMB/BTC 1D (Binance Spot) Big falling wegde breakoutAmbrosus is ranging for quite some time and TL support is holding, seems to be almost ready for next impulse.
Current Price= 0.00000080
Buy Entry= 0.00000080 - 0.00000072
Take Profit= 0.00000097 | 0.00000116 | 0.00000146
Stop Loss= 0.00000059
Risk/Reward= 1:1.24 | 1:2.35 | 1:4.12
Expected Profit= +27.63% | +52.63% | +92.11%
Possible Loss= -22.37%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 3 months
We may only just now be breaking above the falling wedge It appears now that the falling wedge I spoke about a couple ideas back may only just now be having priceaction breaking above it. If this is the case it means that the top trendline of the wedge was actually at a slightly less acute angle. Either way in the long run it wouldn't surprise me if we end up reaching the target of the wedge with the more acute top trendline as well as the price target of the wedge shown here with the new top trendline, if this correction is finally over. If this new top trendline is the more valid wedge then the breakout target is around 47k. Should we reach this target that will carry price action reasonably above both the 1 day 50ma and 200ma and could help cause the recent deathcross to end up being more of a bear trap fakeout than a deathcross. We are also inside a channel with the descending green trendline representing the top of the channel and the bottom purple trendline of the wedge also acting as the bottom trendline of the channel. We're we to confirm a breakout from the wedge right here and have a measured move target of 47k,. odds are good we would break out upward from the channel on our way to that 47k target. We can see already that the first candle above the new top trendline on the daily chart has already retested the trendline as support. That is a good sign for the bulls but we won't have confirmation of the breakout in my opinion until we see 3 consecutive 1 day candle closes above the trendline or a huge surge in bullish volume and a big green candle to go with it. whichever happens first. For now there is no confirmation of a breakout here on this new top trendline of the wedge but it is looking promising. Stoch rsi still has a good amount of room to move upward on the 1 day chart as well.
$BTCDOM/USDT 2h (Binance Futures) Ascending triangle breakoutBitcoin Dominance just broke-out bullish and is likely to continue short-term after 50MA retest.
Current Price= 1080.1
Buy Entry = 1080.4 - 1072.5
Take Profit= 1104.2 | 1125.6 | 1156.7
Stop Loss= 1052.3
Risk/Reward= 1:1.15 | 1:2.04 | 1:3.33
Expected Profit= +20.64% | +36.56% | +59.68%
Possible Loss= -17.92%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 8x
Estimated Gain-time= 5 days
Tilray $TLRY Bullish BreakoutAfter touching the 500 Day bullish trendline, $TLRY seems to have had a bullish breakout of its local downtrend channel. If it has a successful retest of the break this could potentially be a bullish setup. The targets are labeled in the chart.
~First target $19
~Second target $23
~Third target $31
$LIT/USDT 12h (Binance Futures)Falling broadening wedge breakoutLitentry has broken out of that wedge and seems to be almost ready for reversal, let's enter on 50MA retest.
Current Price= 2.819
Buy Entry = 2.684 - 2.416
Take Profit= 3.611 | 4.384 | 5.323
Stop Loss= 1.841
Risk/Reward= 1:1.5 | 1:2.59 | 1:3.91
Expected Profit= +41.61% | +71.92% | +108.75%
Possible Loss= -27.80%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1.5 months