$ALICE/USDT 12h (Binance Futures) Descending trendline breakoutMyNeighborAlice broke-out bullish then pulled back progressively forming a falling wedge pattern.
We are still expecting some more retracement down retesting the TL and 50MA before next leg-up!
Current Price= 13.291
Buy Entry = 12.433 - 11.629
Take Profit= 15.168 | 17.629 | 22.774
Stop Loss= 9.517
Risk/Reward= 1:1.25 | 1:2.23 | 1:4.27
Expected Profit= +26.07% | +46.53% | +89.29%
Possible Loss= -20.90%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1 month
Bullishbreakout
$GRT/USDT 4h (Binance Futures) Descending trendline breakoutThe Graph has broken bullish, the idea is to catch it on the retest of TL and 50MA!
Current Price= 1.68407
Buy Entry = 1.64255 - 1.58745
Take Profit= 1.82989 | 2.02021 | 2.30295
Stop Loss= 1.47127
Risk/Reward= 1:1.5 | 1:2.82 | 1:4.79
Expected Profit= +26.62% | +50.18% | +85.20%
Possible Loss= -17.80%
Fib. Retracement= 1.272 | 1.764 | 2.414
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
$DENT/USDT 4h (Binance Futures) Bull-pennant breakoutLet's give Dent another try here after that bullish breakout, looks ready for another leg-up!
Current Price= 0.011601
Buy Entry = 0.011405 - 0.010785
Take Profit= 0.013911 | 0.017053 | 0.020269
Stop Loss= 0.009687
Risk/Reward= 1:2 | 1:4.23 | 1:6.52
Expected Profit= +50.76% | +107.40% | +165.38%
Possible Loss= -25.38%
Fib. Retracement= 1.272 | 2 | 2.618
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
ETHUSD appears to be breaking out of a 1 day rising channelOf course there's always a chance the follow up 1 day candle here could find a way to dump all the way back down to retest the top trendline of this channel...could even go back below it and it would still remain resistance at that point...however the sheer size of the current green candle seems to suggest that probability is high that the trendline will be flipped to support...there's also a chance that eth continues to fly from here and doesn't even come back to retest the trendline at all. Hard to say, but eth currently is looking very very bullish here. If eth were to continue to moon here and/or temporarily dip to retest the top trendline of the rising wedge as solidified support...then odds are good ethereum will be going absolutely parabolic here.
1hr chart inv h&s seem to be confirming breakout on xrp & btcthis is the inv h&s pattern we just broke up from on the 1hr chart that seems to be confirming its breakout....its measured move breakout target should then take us above the top trendline of the 1 day charts bullflag(not shown here) that we are currently just below the resistance of
n it's top trendline..greatly increasing the odds that we will break above that trendline on the way to reach the inv h&s's breakout target....bitcoin is doing the same exact 2 patterns as well right now so where goes bitcoin xrp is likely to follow...currently the bullish confluence tips the probability scales slightly in the bulls favor for continuing to the upside. However we need to see confirmation similar to this inv h&s pattern's on the 1 day bullflags as well in the next few days to feel confident that the breakout it fully confirmed.
$REN/BTC 3D (Binance Spot) Big falling wedge breakout and retestRen (formerly known as Republic Protocol) broke bullish few months ago and looks ready to push higher now.
Current Price= 0.00001572
Buy Entry= 0.00001594 - 0.00001370
Take Profit= 0.00002362 | 0.00003330 | 0.00004375
Stop Loss= 0.00001130
Risk/Reward= 1:2.5 | 1:5.25 | 1:8.22
Expected Profit= +59.38% | +124.70% | +195.21%
Possible Loss= -23.75%
Fib. Retracement= 0.5 | 1 | 1.5
Margin Leverage= 1x
Estimated Gain-time= 6 months
ETHUSD almost to its C&H breakout target; 15% more to climbI charted this cup and handle months ago and gave a 2747-2800 target back then we can now see ethereum is finally making the last leg up to the target and if we were to zoom in here we could see a bullflag on the 1 day chart that ethereum has just now broken out of and that bullflags measured move lines up exactly with the c&handle target of 2474....so odds heavily favor us reaching this target with that added confluence...giving it at least another 15% to pump from here. Some may be perplexed saying "I don't see a handle" well it's a very tiny handle but its there and you can see it much better on a 4hr timeframe. Sometimes these cups have micro handles. Target 2474 not sure where it will head after that though. *not financial advice*
$GTO/BTC 4h (Binance Spot) Falling wedge breakout and retestGifto has retraced down after very bullish move, I believe it's ready for another leg-up now
Current Price= 0.00000164
Buy Entry= 0.00000160 - 0.00000150
Take Profit= 0.00000191 | 0.00000235 | 0.00000283
Stop Loss= 0.00000131
Risk/Reward= 1:1.5 | 1:3.33 | 1:5.33
Expected Profit= +23.23% | +51.61% | +82.58%
Possible Loss= -15.48%
Fib. Retracement= 0.618 | 1 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
$BTC/USDT 8h (Binance Futures) Ascending triangle break & retestBitcoin has broken bullish and is pulling back, let's enter on next dip, aiming for new ATH.
Current Price= 60299.13
Buy Entry = 59420.50 - 58192.50
Take Profit= 63511.55 | 67895.95 | 72260.22
Stop Loss= 55198.57
Risk/Reward= 1:1.3 | 1:2.52 | 1:3.73
Expected Profit= +24.00% | +46.35% | +68.64%
Possible Loss= -18.42%
Fib. Retracement= 0.786 | 1.414 | 2
Margin Leverage= 3x
Estimated Gain-time= 1 month
$ALICE/USDT 90m (Binance Futures) Falling wedge breakoutMyNeighborAlice seems to be ready for another big move up after that bullish breakout!
Current Price= 12.365
Buy Entry = 12.272 - 11.970
Take Profit= 13.296 | 14.437 | 16.604
Stop Loss= 11.336
Risk/Reward= 1:1.5 | 1:2.95 | 1:5.71
Expected Profit= +29.07% | +57.33% | +110.97%
Possible Loss= -19.44%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 3x
Estimated Gain-time= 10 days
$RVN/BTC 8h (Binance Spot) Falling wedge breakout and retestRavencoin broke bullish and looks ready for continuation upwards after that pull-back.
Current Price= 0.00000335
Buy Entry= 0.00000334 - 0.00000310
Take Profit= 0.00000394 | 0.00000447 | 0.00000259
Stop Loss= 0.00000274
Risk/Reward= 1:1.5 | 1:3.06 | 1:5.73
Expected Profit= +22.36% | +45.65% | +85.40%
Possible Loss= -14.91%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1 month
$LIT/USDT 8h (Binance Fut.) Symmetrical triangle break & retestLitentry broke bullish and is pulling back, let's enter on triangle and 50MA retest.
Current Price= 11.512
Buy Entry = 11.044 - 10.460
Take Profit= 14.290 | 16.988 | 20.567
Stop Loss= 8.983
Risk/Reward= 1:2 | 1:3.53 | 1:5.55
Expected Profit= +32.91% | +58.00% | +91.29%
Possible Loss= -16.45%
Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 1x
Estimated Gain-time= 1 month
Dash Perpetual Futures Prepare for the 40 % Breakout Dash is currently Trading within a falling wedge
and rejecting at the POC on the 4HR TF .
On the 1D TF we can see clearly whats happening
after ATH was printed we are now moving between
S/R .
I anticipate that we make our way down to
print another LL with support and confluences
at the support line of the wedge with the .786 fib
and the 100 EMA and a
Volume profile match to give us a bounce off the support.
With a close outside of the Resistance for a Long and SL placed
below the last swing low for a potential 40 % gain .
This is determined by measuring the wedge opening .
As demonstrated in the chart ...
Follow and Like For More Setups and or Trading Questions
4hr chart xrpusd ascending triangle not the dominant patternI was slightly dismayed here upon seeing several 4hr candles close below the 4hr chart ascending triangle pattern but upon realizing they haven't triggered any sort of breakdown decided the best thing to do was to zoom out and see if I can find any pattern on the 1 day chart that may in fact be the more dominant pattern and more relevant pattern we are currently working with...low and behold I did figure out on the 1 day chart that we had broken above a symmetrical triangle and are currently retesting its top trendline as support. Being on a larger timeframe, this pattern should carry more significance than the ascending triangle on the 4hr chart carries...let's hope this is the more valid of the 2 patterns because this one has a breakout target above the 70 cent range. If it is the more valid pattern we will likely see a bullish surge here for xrp in the next couple days or so. *not financial advice*
$SRM/USDT 4h (Binance Futures) Descending channel breakoutSerum broke out bullish of that parallel channel and 50MA, I expect it to continue upwards.
Current Price= 4.8917
Buy Entry= 4.8715 - 4.6707
Take Profit= 5.4557 | 5.9859 | 6.7370
Stop Loss= 4.3132
Risk/Reward= 1:1.5 | 1:2.65 | 1:4.29
Expected Profit= +28.70% | +50.92% | +82.40%
Possible Loss= -19.20%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 10 days
$SCRT/BTC 1D (Binance Spot) Descending channel breakoutSecret Network (formerly known as Enigma) broke bullish and is supported by 100EMA, looks ready for a leg up here!
Current Price= 0.00004975
Buy Entry= 0.00004990 - 0.00004730
Take Profit= 0.00006440 | 0.00006440 | 0.00009998
Stop Loss= 0.00004069
Risk/Reward= 1:2 | 1:3.6 | 1:6.5
Expected Profit= +32.51% | +58.64% | +105.72%
Possible Loss= -16.28%
Fib. Retracement= 0.382 | 0.618 | 1
Margin Leverage= 1x
Estimated Gain-time= 1 month
giant bull flag has a target of 77k if confirmedlots of bullish confluence at the moment and this is our third overlapping bullish pattern right here that we are currently breaking out of...It is also a valid bull flag on the weekly chart as well but I chose to show it here on the 1 day timeframe to better illustrate the trendlines of the flag. not 100% validated just yet but looking good and with all the other pattern breakouts acting in concert with this we have enough bullish confluence to greatly increase the odds of this breakout being validated. Probability currently favors a breakout to the upside....if this occurs we should head to 77k...however we must remember that this could be more valid as a weekly chart pattern then a daily chart pattern so the climb to reach the 77k target could take several weeks. *not financial advice* .
ICXUSDT forming a strong bullish wave on near term.BINANCE:ICXUSDT has formed an ascending triangle and could break above the trendline. all indicators show that we are in a bullish wave and targeting these levels:
level 1: 3.30$
level 2: 4.61$
level 3: 5.89$
stop-loss level is closing 1 daily candle below 2.21$
Good luck...
$XRP/BTC 1h (Binance Spot) Descending channel near breakoutRipple is looking bullish again and I am expecting a bounce after a last dip to 100EMA.
If you know how to Margin trade, you can lever that set-up with 3 or 5x, but manage your position size accordingly so you won't over-risk!
Current Price= 0.00000976
Buy Entry= 0.00000975 - 0.00000961
Take Profit= 0.00001025 | 0.00001058 | 0.00001114
Stop Loss= 0.00000930
Risk/Reward= 1:1.5 | 1:2.37 | 1:3.84
Expected Profit= +5.89% | +9.30% | +15.08%
Possible Loss= -3.93%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1 week
BNB/USDT - close to symmetrical triangle breakoutBNB/USDT has been setting up a symmetrical triangle for a month since it hit its ATH and is now on the verge of breaking out.
Due to the way the pattern is set up and fairly low risk associated with the trade a bullish breakout seems more likely than a pattern failure.
This looks like a great buy zone to me but I will wait for breakout confirmation first before fully entering a long.
For this trade we can work with a tight stop of around 3-5% below the current price which makes for a great risk:reward ratio or simply wait for breakout confirmation before entering the trade to reduce the risk of longing a pattern failure.
Buy zone: $260-$272
Recommended stop loss area: $256.5 (very tight) - $248
Tighter stops can turn the risk:reward in your favor but also increase the risk of getting stopped out too early by fake-outs and potential wicks so choose a price you're comfortable with. They work best if you let the price come to you and you're buying right on support.
Best of luck and let me know what you think!
$IOTA/BTC 4h (Binance Spot) Falling wedge breakoutMiota is trending inside an ascending channel and has broken out of that falling wedge.
Let's wait for a pull-back and try to catch it on 50MA support retest, which is also a demand zone!
Current Price= 0.00002450
Buy Entry= 0.00002385 - 0.00002323
Take Profit= 0.00002659 | 0.00002898 | 0.00003316
Stop Loss= 0.00002150
Risk/Reward= 1:1.5 | 1:2.67 | 1:4.72
Expected Profit= +12.96% | +23.11% | +40.87%
Possible Loss= -8.67%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
$REEF/USDT 1h (Binance Futures) Ascending triangle & TL breakoutReef.finance is hyped and looks ready for bullish continuation after that break-out and retest!
Current Price= 0.038214
Buy Entry= 0.038350 - 0.037930
Take Profit= 0.039613 | 0.041847 | 0.045945
Stop Loss= 0.037147
Risk/Reward= 1:1.5 | 1:3.74 | 1:7.88
Expected Profit= +23.34% | +58.38% | +122.82%
Possible Loss= -15.60%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 6x
Estimated Gain-time= 1 week