GMT: BREAKOUT! READY TO GO $5!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this GMT/USDT TRADE setup. GMT looks good here.
GMT is breaking out from the bullish pennant pattern in the 4hr time frame. Expecting it to reach $5 soon. Buy some now and add more in dips.
Entry range:- $3.25-$3.40
Target1:- $3.70
Target2:- $3.92
Target3:- $4.44
Target5:- $5
SL:- $3.06
Use low leverage 2x-4x
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Bullish Pennant
CAKE/USDT TRADE SETUP! BREAKOUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CAKE/USDT TRADE setup. CAKE looks bullish here.
CAKE is breaking out from the bullish pennant in 1hr time frame. Expecting a 20-22% pump from here. Buy some now and add more in dips.
Entry range:- $9.2-$9.4
Target:- 20-22%
SL:- $9.04
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Doge DOGEUSDT - Mega bull flag on the weekly! Breakout soon.- If you change your chart to a LOG scale, you can clearly see a huge bullish flag on the weekly chart!
- It can also be a falling wedge, which is ofcourse generally a bullish pattern too.
- Next target is all time high, here we can expect some pullbacks again.
- Buy a breakout above local weekly high (0.18 USDT).
- As you can see - volume looks good, no bearish pressure at this moment.
AUD/JPY Weekly Triangle BreakoutWe have two consecutive inside weekly bars on the AUD/JPY. This is a signal of strong compression and a potential signal of a bullish breakout. Here are the key levels to watch to the topside:
Big Round Number, 94.000
Weekly Spike High, 94.319
Big Round Number, 95.000
To play this breakout, you can either buy above 94.000 or wait and buy from above the Spike high at 94.319. In either case, the stop loss is best located beneath the triangle (93.25-93.50). A conservative topside target is just beneath the 95.000 handle (94.89-94.99).
Bitcoin Symmetrical Triangle Breakout Imminent!Hey Traders,
As you can see, the price action has formed lower highs and higher lows. The volatility has also dropped massively as evident in the Bollinger Bands. The RSI which I didn't bring up is having higher lows and equal highs, showing the strength is ramping up. The target out of this breakout is 42k, however, it may break down so the other target is 39k.
BTC: "Was 69k just a false breakout?" I believe BTC's second run up to 69k was a massive false breakout created by an overheated market and it is currently backtesting the breakout zone of a massively bullish symmetrical triangle on 1W.
If this is truly the case and it's not simply a rising flag it would have price targets of 75.5k and 97k.
What do you all see?
Litecoin LTCUSDT - Massive falling wedge+ Bull pennant breakout!- Litecoin is currently breaking out of the bullish blue pennant on the daily chart!
- Looks like retest is done and we can continue to the upside.
- We have a huge falling wedge on the weekly timeframe, but bulls still need to confirm their bias.
Bitcoin - BULL PENNANT... Broke to the downsideKeep it plain, simple and minimize the noise!
Here we see a bull pennant on the Bitcoin daily, on the inverted scale.
Inverting the chart is great to really bring things into perspective sometimes and see what your missing.
This pattern is a bullish pattern, however every single pattern has the probability of going both ways.
Since breaking this pennant to the downside and getting what seems to be a bearish retest confirmation, this could give enough of a push to break and start trading between the 49k-50k zone.
At the moment - the market is sideways, choppy and RISKY.
I have various different set-ups I'm watching and always waiting for confirmations of each one BEFORE entering a trade.
Comment your ideas down below :)
UMA/USDT: BREAKOUT! READY FOR 100% PUMP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this UMA/USDT TRADE setup. UMA looks bullish here.
UMA is breaking out from the bullish pennant pattern. I'm expecting a big move from it. Buy some now and hold it for some time.
Entry range:- $8-$8.3
Target1:- $9.6
Target2:- $11.2
Target3:- $13.4
Target4:- $16
SL:- $7.5
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SLPHidden bearish divergence and bearish butterfly pattern at 1H TF. We might dip to around 0.0201 and 0.0196 . From there it will create a bullish butterfly pattern. We will bounce from that level and reach 0.0208 and 0.0211 . If we get a candle close above the bullish pennant pattern, we will most likely go back to 0.0220 .
$KR Kroger remains bullish after PEGKroger recently came out of a cup and handle with a Power Earnings Gap (PEG) and has been digesting ever since, holding most gains and creating a nice VCP / Bullpennant like formation.
Today, there were about $117M in dark pools at $57, and giving the timing and price action my bias is to the buy side.
An idea would be to go long shares or calls with time.
I'm long the JUL 60c with 5,300 OI.
TEXTBOOKBeautiful setup doesn’t get anymore straight forward than this set stops accordingly, overshot previous PT’s adjusting and still looking for re-entry but now in mid upper 10’s (pink box tip of pennant) still on trend. Commonly early expecting re-entry to be no different, FOMO indeed. I like this stock, Let the gains ride to ex divi.
BITCOIN Bullish Pennant 1DWhat's up Everyone! 😃
Hope you are all having a successful day!
Just wanted to drop a quick bullish pattern which is developing on the BTCUSDT 1D chart.
Although it is a bullish pattern, we can still re-visit the 42k area before we find a bounce and potentilly continue to make higher lows and also higher highs again and potentially break the resistance of the ascending channel and the trend highs around 45.5k to 46k.
The second and slightly less bullish option would be to break to the downside of the symmetrical triangle, and then test the support of the ascending channel around 40k before we bounce back to the previously mentioned targets.
The 40k to 39k level would be our last realistic chance to bounce back and continue our current uptrend,if we fall below it is likely that we could form a double bottom around 33k or go even lower to about 31k-29k.
I would like to add that this is for educational purpose only and is in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice.
As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like, comment or follow if you like my content! Every engagement puts a smile on my face, but also helps for my ideas to be seen! 😃🙏
Happy Trading ✌♥📈
SHIBA breakout of the bull pennant 🚀As I mentioned in my previous analysis ✔️
the price has started to gain and hit the target 💣🐳💣👍
and now
we had breakout for the price besides two important trend line ✔️
so
we expect more gain for the price at least to resistance area that located on the chart 🚀🚀
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋
Important Buy Signal Flashing for AMC!Hey Traders,
As you can see on the Daily Chart of AMC. A Technical Indicated a BUY. Historically these Indicators work very well among stocks, crypto, and forex. Even in the past of AMC stock, the BUY signals were great for this. However there is a chance I am wrong and this keeps going down, maybe take this to start DCAing. AMC's target for the recovery is $50 (Fibonacci Golden Pocket). We can put in calls/ longs to be in massive profits!
Safe trading,
-Pulkanator