MUDAJYA - Magnitude of RSI Spike Suggest More UpsideMUDAJYA - Bullish breakout from MA200, the magnitude of spike from RSI & MACD suggest further upside is there. Next resistance observable at 0.36/ 0.38/ 0.40 respectively. Support at 0.29
Bullishbreakout
FKLI - Positive Tone for The Index Got StrongerFKLI - 4 hours chart just experienced bullish breakout and MACD bullish crossover and rising RSI. Immediate resistance at 1,580 if break shall lead the index higher towards 1,600
IOTABTC breakout up to 15% profit in the short-termMajor bounce from the mid-term support trend line lead the price action to the descending triangle pattern. Technical analysis is neutral at the longer frames. Such situation is favorable due to BTC fluctuations.
The positions is good for 1-7 days duration. At the short-term timeframe bullish flag is formed with a great breakout potential. The price is going to hit the band and according to Momentum (10) and DMI will break it. Moreover we have hidden bullish divergence at the chart which enhance the forecast.
Buy only when the price goes above the specified confirmation level of 0.0000299
Take profit targets are:
0.0000311
0.0000319
0.0000328
0.0000443
Stop loss:
0.0000269
MFCB - Bullish Breakout, Uptrend To Continue Into Uncharted AreaMFCB - The stock just stage for another round of bullish breakout, which you shall expect further upward continuation. MACD just done bullish crossover, RSI & MACD sloping upward. Resistance can be found at 4.65, support level observable at 4.29
$SPTN weekly chart Inverse H&S breakout Very nice inverse H&S shaping up on the weekly chart, trying to breakout after couple attempts in the past month
MACD and RSI both very supportive (MACD histogram in positive territory / RSI above 40)
Check out the accumulation volume in the past 2 months or so (after the capitulation selloff down to around 9.00ish , buyers stepped in and more than absorbed the selling volume)
Headline around 8.80-9.00 / shoulder line around 17.00 / neckline around 12.25
Next 2 trading sessions are crucial, ideally look for a weekly close above 12.25 (neckline) to participate
Calculated target based on the head to neck distance is around 15.68
NTPM - Technical Rebound & Testing for BreakoutNTPM - Bullish candle with substantially strong buying interest, affirming the stock support at MA50/ 0.415, indicators are pointing for further upside. Further trading interest shall propel the stock towards MA200. Any chance to breakout from MA200 will generate stronger momentum for the stock. Next resistance at 0.49.
TRXUSD: 4hr Ascending Triangle & Weekly Sequential 9Tron looking bullish and trying to break out of its ascending triangle as well as 200 MA, similar to ETH , LTC and BCH . It's tempting to take the trade above the Sequential 9 at 0.01675 when the weekly candle would flip green, similar to ETH in this sense which played out well. However the setup is only 1.5 reward ration on the 4 hr, so will wait for a better setup on the weekly (or potentially the Daily).
Similar to the altcoin market the Weekly Sequential 9 is a doji reversal candle:
BTC Dominance is otherwise starting breaking down since Ethereum's run up:
XRPUSD hits my exact breakout target.We are finding resistance at my exact breakout target for xrp. However, if we can flip the 1 day 50ma to solidified support then we should be able to eventually overcome this horizontal resistance...as we can see there is a 2nd horizontal resistance just above it though so it will not be easy...for this reason I'm leaving this idea neutral even though I am most definitely longterm bullish on xrp.
XRP poised to break from fallingwedge; strong resistance @ targtXRP finally sees a bullish sign as it appears it will likely trigger a breakout from this wedge and rise to the 28 cent area where it will likely be met with strong resistance from the 1 day 50ma and 2 horizontals right in that same region.
AUD/CAD BULL TAKE OVER? SWING/POSITION OPPORTUNITY Price Action (Technical Analysis): For a a little over 1 week & 1/2 we have been allowing price to accumulate at a highly respected key level of support (Monthly).
Weekly bullish hammer was formed at support which indicates us high buyer sensitivity, we are expecting a continuation of buyer waves to enter.. We had price break it's consolidating market with a bullish impulse breaking above & we saw price gradually pull itself back to test structure setting us up to just await an entry confirmation (price action reversal pattern). Exiting reasons would ideally be at our high respected descending trend line. Further analysis will be made as price follows itself to our rally point.
Fundamental Analysis: None.
Ethereum's path to $500 now firmly set in motion after c&h break Ethereum is now confirming a breakout of a weekly chart bullflag that should take it to at least $366 but more impressive is the cup and handle pattern on he 1 day chart it seems to be triggering at the same time which has a potential breakout target of $499. Now it's true cup and handle breakouts often fall slightly short of their projected target, but there's also several instances where price action far exceeds the projected target as well. Whatever happens I'm definitely long. I feel even if it corrects before $500 it will get there sooner rather than later.
ETHUSD breaks bullishly up out of falling wedge target= $261 Lots of bullish signals converging at the same time on the ethusd pair right now. First was the golden cross on the 1 day chart that occurred a few weeks back and now appears to be sustained. 2nd we have the bullish breakout of this weekly rising wedge pattern(a pattern that typically breaks bearish). For a bearish pattern to break confidently bullish like this is a very bullish indicator. Our next bullish signal is that the weekly 50 ma(shown here in orange) appears to be holding solidified support. This is clutch...if it can maintain support the $261 price target should be hit with little to no pullbacks. The only cause for concern here is having the stochrsi on both the daily and weekly charts now in the overextended zone..but as we all know on bull runs it can stay over extended for quite some time so thats nothing to be alarmed about just yet.
OMGUSD looks ready to trigger Adam & Eve double bottomOmisego is another fundamentally sound alt that has recently had a golden cross on the daily chart..it is now above the neckline of its adam and eve double bottom pattern too and looks ready to have a bullish breakout.
Follow The Buzzers ; BCHUSD UpHigh Bitcoin is finally breaking out of the $389.90 pit - My alert has been dying to go off. The breaking out Hour is late but its enough to make today a good day. This is the opportunity, for the guys, to recover last weeks losses.
BTCUSD What's Next ??Bitcoin Price approaches crucial resistance zone!!!!!
Eye next Crucial Bullish Break!!!
Yoyo :D
Litecoin to Bitcoin may continue to growLTC in relation to BTC looks very positive. The breakthrough was rather impulsive, after which we observe a regular pullback. A very good sign that resistance becomes support and the price does not go lower, if support continues to hold the price, it’s very likely that LTC will show a positive movement in the next few months. If the momentum is not lost, then it is worth considering the hold.
ETHBTC Ascending TriangleHey traders,
Looking at POLONIEX:ETHBTC and has a bullish cross as well as an ascending triangle. This is great for a potential short term investment. With all the altcoins going up right now this is definitely a good pick with the reversal trend that is currently occurring.
Good luck to everyone in the altcoins rally!
GBP/USD Buy
we can see price moved 200 pips in 0ne day
engulfing 6 days of price action with 2 candles.
we can see price reacted to the weeknly zone 1.27254
and making a huge move to the upside.
we can also see a rejection of a counter trendline in confluence
with the price zone.
at this moment wee can see a dible top and the weekly zone
1.33212 and moving down with a lot of momentum to the weekly recistence.
price right now is at a daily recistance at 1.30267,
mt bias is that rpice can easily break this zone this week do to the massive
move to the upside
we can also see a minor sopourt and recistance zone on the daily
level where we can expect some action =, maeybe a re-test of the zone and finding support.
at the 1h we can see a clear break of structure
and recistance at the daily level 1.30267.
with a bullish bias taking place this will be further confirm
with price giving us a candle stick patter to the upside
on the minor daily level 1.29176 in confluence with fib
point 0.832 marked in grey.
DHLF: waiting for bullish breakout of Inverse Head & Shoulder DHLF was in range bound or in consolidation from the NOV. 2017 to till date, in that process a DHLF has formed a classic bullish pattern called as Inverse Head and Shoulder Pattern. now price are almost trading on supply side and waiting for breakout out from the neck line of Inverse Head & Shoulder pattern, if breakout occur with follow through , we can see min. target of Rs around 820 to 850 in short time frame of three to four month
Trade Setup
time frame : Daily
Go long above 680 to 690
initial Stop loss Below 640
initial target : 820 to 850
BTC Equilibrium Until July If you are long this is the only chart you need. BTC has been in the same Equilibrium Pattern for the last few months. We have had a series of Higher Lows and Lower Highs. The pattern is really beginning to tighten as we get closer and closer to a bullish breakout. Volume from the bears is waning as the pattern tightens. I fully expect a breakout in early to mid July. Buying opportunities can be found at the bottom of the trend line, for both BTC and any Alts you may be looking to accumulate. Happy Trading!
Bullish Divergence on 4H BTC ChartHello my fellow traders, as it looks like it might just break out at any moment let's jump right into this idea. Up top is the 4H BITMEX BXBT chart where we are clearly seeing lower lows (in green) yet the RSI, Stoch and MACD are making higher lows (in green) indicating potential bullish divergence. This pattern is to be traded upon successful close above the yellow dotted line which would be the resistance level.
*For educational purposes only. NOT financial advice.*
CHFJPY Long Trade Setup... Maybe This Time.Hello traders.
This is my 4th long trade setup idea. The first idea stopped out with 1% loss, other 2 were canceled because it made lower lows. Now, we have new on.
I have an entry order above last top with a stop loss below the last bottom. I'm trying to catch the daily up impulse. It will be a very big wave. The possible target is 123.
Hopefully, it will make a bigger correction, before it goes up. So, a trade with the greater risk-to-reward ratio can be found.
Please check the related ideas for more details.
If you think this is a valid forecast and good trade setup, please hit the like button and share.
I appreciate that if you leave a comment and let me know what do you think about this idea.
Trade with care...
SPY Breaks above triangle, suggests continuation higher!After Friday's strong session, SPY has broken above its triangle which suggests a continuation higher towards $286 high's from early Feb. This rally has been on relatively low volume so caution is necessary. Today's Doji candle is concerning but weekly charts look strong. Use options to take bullish bets in this type of markets where options are cheap and you can limit your risk with Call Debit Spreads. Example: SPY April 20 278/289 Call Vertical @ $386. See this trade here: app.optionsplay.com
What's your next OptionsPlay?
