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Bullishbreakout

A look at the Monthly Chart Symmetrical Triangle Pattern!We may come back down and retest the top trendline of the symmetrical triangle before takeoff but to me this looks like probability will favor and validate this pattern breakout. Being a monthly chart it may take several months to reach the breakout target but based on this simple macro pattern we are likely in for a very bullish 2021. Of course we are only just now on our confirmation candle for this pattern we must keep in mind that so far we only have 1 candle closed above it on the monthly..closing the current followup monthly candle above the pattern as well would be a very bullish sign in my opinion *not financial advice* if it were to hit its full target we should see price action reaching above 28k I'm guessing no later than Q2 of next year and a new ATH significantly sooner. *not financial advice*
COINBASE:BTCUSDLong
by DrDovetail
Monthly Candle Closes Above the TOTAL2 Chart's Dbl Bttm NecklineThe monthly double bottom pattern on the TOTAL2(Alt Market) has finally gotten it's first monthly close above the neckline. There are 2 possible necklines here a descending one(notated by a dotted yellow line) and a horizontal one (orange yellow). Both price targets for a breakout from each neckline are listed. Not quite sure which one is more legit but we are now on our follow up confirmation candle on the monthly chart. Probability of a confirmed breakout has greatly increased here but we should be prepared for a retest of the neckline and also a smaller possibility of a fakeout just in case.
CRYPTOCAP:TOTAL2Long
by DrDovetail
VET/USDT 3h (Binance Futures) Descending channel breakoutVeChain is looking bullish again and I'm expecting it to keep going up. We enter the trade just in time, now it already left Buy zone so you could wait for it to add more or enter now if you missed out. Current Price= 0.017973 Buy Entry= 0.017800 - 0.017290 Take Profit= 0.018745 | 0.019688 | 0.021085 Stop Loss= 0.016345 Risk/Reward= 1:1 | 1:1.79 | 1:2.95 Expected Profit= +27.36% | +48.84% | +80.72% Possible Loss= -27.36% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin Leverage= 4x Estimated Gain-time= 240h
Long
by TradingOn
ETH/USDT 3h (Binance Fut.) Descending channel breakoutIf you keep missing out with Ethereum, you'd better do something about it! This is another clear break-out to me and it could go for a new local high. Current Price= 407.59 Buy Entry= 407.60 - 396.00 Take Profit= 433.15 | 469.65 | 497.47 Stop Loss= 375.74 Risk/Reward= 1:1.2 | 1:2.6 | 1:3.67 Expected Profit= +25.96% | +67.56% | +95.24% Possible Loss= -25.96% Fib. Retracement= 0.786 | 1.272 | 1.618 Margin Leverage= 4x Estimated Gain-time= 240h
Long
by TradingOn
15
Weekly Chart Looks Extremely Bullish!Two simple patterns are all that's needed to be focused on right now on the weekly chart as we can see the weekly bull flag in yellow has clearly confirmed its breakout and we should see it reach it's breakout target of 14.4k! Also, by the bull flag reaching its target this should also fully validate and confirm this weekly inverse head and shoulders pattern I've been watching develop since last year and predicted would develop many many ideas ago. A fakeout still has a microcosmic chance of happening of course so we should always be prepared for the unexpected but now the odds tremendously favor the inverse h&s will be confirmed. So buckle up! It seems price action is about to go stratospheric!
COINBASE:BTCUSDLong
by DrDovetail
4
$ENPH possible bullish #breakout from C&H pattern on daily$ENPH has a beautiful cup&handle pattern from where it has tried several times to breakout MACD looks very good crossing up and turning positive, RSI is at 69 but this stock has a history of melting up in overbought area Company had ER yesterday , beating the expectations and the move up was on 2.5 times more than the 20MA VolAvg Also worth noticing the 20EMA crossing the 50 EMA a month ago and the reason I am bringing that up is that on the previous 2 dates when this happened the stock rallied from 22 to 59 ( that is 2X) and respectively from 36 to 70 (also 2X) Coincidence or not the measured move from the breakout of the pattern is 96.81 (last 20/50EMA cross stands at 48.63 and if recent history repeats 2X means... you got it 96+) Good luck, TA
NASDAQ:ENPHLong
by RA_Capital
Falling wedge on XRPETH suggests 130-140% gains for XRPLooking at the weekly chart here we can see the XRPETH chart is reaching the apex of a falling wedge its been in for quite some time. Should this see a bullish breakout upward we could see XRP make 130-140% gains against ethereum based on the measured move for the wedge. This pair's chart can be harder to predict than normal usd, btc, or tether paired charts but on the 1 day chart xrpeth is currently holding support above the 1 day 50ma. If it can maintain that support then we should see a bullish breakout from the wedge. We must keep in mind that often wedge breakouts only reach 60% of the measured move, but I've also seen plenty of wedges reach their exact targets and quite a few exceeding those targets as well and considering we are just now seeing the bull market begin it should increase the likelihood of this pattern reaching its target. Also XRPUSD is days away from the golden cross to put it in an official bull market which lines up pretty well confluence wise with where this wedge pattern would break upward.
Long
by DrDovetail
XRP Breaks above longstanding resistance line; goldencross nearswe can see Xrp has finaally broken above this white ascending trendline that has been acting as super strong resistance for quite some time now and has done so with authority. The next notable resistance is a horizontal resistance line at .357 (in turquoise). My take profit target for this breakout is just below that at .342. We can see XRP's golden cross is fastly approaching but with this much bullish action before the cross it would not surprise me if it pumps until the cross and then once the cross happens we see a small correction my guess is probably no farther than back to 27 cents or so. Not financial advice of course only my opinion. Thanks for reading! Happy bull run!
POLONIEX:XRPUSDLong
by DrDovetail
Eth validating Inv H&S; Target = $417The inv h&s we were keeping an eye on a few ideas ago on ethusd has blasted through the neckline with serious bullish authority. The breakout target is $417 and if we can maintain support after reaching that target above $360 then we have the opportunity to trigger an even bigger double bottom pattern on the weekly that could eventually take ethusd's price to over $600! We may see some minor corrections along the way here but Eth looks like it has definitely confirmed its bull market and this seems to be just the beginning of its potential.
COINBASE:ETHUSDLong
by DrDovetail
Moderna in Trouble - ABUS Wins Lawsuit Tied to COVID-19 DrugArbutus Biopharma Corporation, a biopharmaceutical company, engages in the discovery, development, and commercialization of a cure for patients suffering from chronic Hepatitis B virus (HBV) infection in the United States. Its HBV product pipeline consists of AB-836, a capsid inhibitor that has the potential to inhibit HBV replication by preventing the assembly of functional viral capsids; and AB-423, which is in pre-clinical studies. The company also develops RNAi drugs, which utilize the RNA interference pathway, allows for a novel approach to treating disease. Its RNAi HBV candidates are designed to reduce hepatitis B surface antigen expression in patients chronically infected with HBV. In addition, it develops AB-729, a second generation RNAi therapeutic targeted to hepatocytes; HBV RNA destabilizer, an orally active agent that cause the destabilization of HBV RNAs, which leads to RNA degradation and to reduction in HBsAg levels. Further, the company engages conducting a Phase 1a/1b clinical trial and several pre-clinical and investigational new drug-enabling studies to evaluate proprietary HBV therapeutic agents, together with standard of care therapies, and in combination with each other. It has strategic alliance, licensing, and research collaboration agreements with Marqibo; Gritstone Oncology, Inc.; and Acuitas Therapeutics, Inc. The company was formerly known as Tekmira Pharmaceuticals Corporation and changed its name to Arbutus Biopharma Corporation in July 2015. Arbutus Biopharma Corporation is headquartered in Warminster, Pennsylvania. AFTER HOURS BREAKING NEWS Moderna stock tumbled late Thursday after the biotech lost a patent battle that may jeopardize the financial future of its coronavirus vaccine. Moderna (MRNA) challenged patents held by Arbutus Biopharma (ABUS) covering lipid nanoparticle, or LNP, technology. Lipid nanoparticles are the delivery system for messenger RNA drugs, including Moderna's coronavirus vaccine, which is known as mRNA-1273. Despite the company's contention, the ruling could cut into profits on any Moderna drug, including mRNA-1273, says SVB Leerink analyst Mani Foroohar. "Revenue concentration in (the coronavirus vaccine) is a central feature of the investment case for Moderna shares," Foroohar said. "Any meaningful royalty burden could hamper Moderna's pricing flexibility and margin profile vs. other players in the SARS-CoV-2 vaccine market." Foroohar called the decision in Arbutus' favor "a disappointing turn for Moderna." "This decision opens the door to a fascinating (and likely protracted) period of investor controversy and debate around the implications of any potential infringement of claims by Arbutus regarding Moderna's use of Lipid Nanoparticle delivery technology, and any further actions Moderna may take to defend their own (intellectual property) position and freedom to operate," he said. NEWS: www.investors.com Where's ABUS going? To $100.00 ...??? On the monthly chart, it looks like $9.00 might be the next stop..? At this point, I am not sure if there is a top right now for ABUS. The news is huge for ABUS and could entitle ABUS to billions in profits and revenue from the COVID-19 vaccine. Intelligent comments welcome. DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
NASDAQ:ABUSLong
by HotCharts
4
ETC/USDT 4h (Binance Fut) Descending channel break-outTA: Ethereum Classic is looking quite bullish on LTF after that parallel channel break-out and retest. I'm still holding a long on ETC/BTC pair so let's scalp it in Futures too: Current Price= 6.129 Buy Entry= 6.138 - 6.028 Take Profit= 6.357 | 6.464 | 6.615 Stop Loss= 5.799 Risk/Reward= 1:1 | 1:1.38 | 1:1.92 Expected Profit= +27.54% | +38.10% | +53.04% Possible Loss= -27.54% Fib. Retracement= 0.5 |0.618 | 0.786 Margin Leverage= 6x Estimated Gain-time= 360h
Long
by TradingOn
$RHI descending triangles on weekly #chart #tradingBeautiful weekly chart here for $RHI Stock has formed the first descending triangle in 2018 (bottom line support is the FEB'18 low and top of the triangle is the AUG'18 high) After the DEC'18 correction stock is forming a second descending triangle ( DEC'18 support line and APR'19 high top of the triangle) Price action last week saw the breakout from the first triangle on the back of good earnings report and yesterday on the back of the strong overall market the stock is trying to breakout from the second triangle MACD and RSI both support the move up Ideally look for a close this week above the descending line of the second triangle to participate Targets: T1 - measured move from the small triangle around 75.44 T2 - measured move from the big triangle around 84.86 Good luck, TA
NYSE:RHILong
by RA_Capital
$LW #breakout on weekly #chart$LW has bottomed around MAY-JUN'19 and since it has traded upwards forming an ascending triangle, with resistance line around 83.86 Last week has broken AND CLOSE above that level on the back of better than expected earnings All this would have been great if the MACD and RSI were not that high into overbought area Ideally look for a retrace and possible retest of the former resistance area in order to participate Measured target of the breakout move is around 108.89 Good luck, TA
NYSE:LWLong
by RA_Capital
$KTOS descending triangle #bullish #breakout on daily #chart$KTOS stock price topped last summer in JUL'19 and after modest ER has dropped until around 17.40 where it found support Since then the stock has been trading inside a beautiful descending triangle, until last week when it broke out on the back of the middle east tensions(we are talking about a security and defense stock after all) Notice the big volume on the breakout and also the indicators MACD and RSI both supportive of further move up Targets are : T1 - intermediary top of the ascending triangle at 23.09 T2 - the measured move from the breakout of the triangle at 24.50 Good luck, TA
NASDAQ:KTOSLong
by RA_Capital
$THRM #bullish #breakout from #wedge on weekly #chart$THRM stock price made an intermediary top back in SEP'18 and since then it has traded downwards inside a nice wedge After a failed move it has managed to breakout in OCT'19 Result that came out at the end of OCT'19 were not great and the stock has retested the breakout , but the price action held above and now the stock has resumed the uptrend MACD and RSI very supportive of the move higher as per chart Targets are: T1 - top of the wedge at 50.30 T2 - measure move of the breakout from the wedge at 54.10 Good luck, TA
NASDAQ:THRMLong
by RA_Capital