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Bullish Pennant

Ethereum ETHUSD - Inverse Head and Shoulders, new ATH soon!- Ethereum is now on FIRE! - The price is breaking out of the inverse head and shoulders - bullish reversal pattern! - I can see a new all time high very soon than expected. - Profit target - top of the channel. - Stop loss below the channel. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
BITSTAMP:ETHUSDLong
by UnknownUnicorn2537518
3
Triangle morphs into falling wedge retains pennant shapeThe triangle btcusd’s priceaction has been in for awhile is now appearing to morph into a falling wedge on the 1 day chart. We are looking at the weekly chart though to show how that falling wedge is also part of a bigger bull pennant. I made the pole of the pennant lavender and the wedge yellow. The red line represents the neckline of a 1 day chart head and shoulders pattern. The wedge has yet to be fully validated yet..still looking for one more touch of one of the wedges trendline on the daily chart to confirm but odds are good it will. Another reason i chose to show the weekly chart here instead of the daily chart is to show you that the 50 weekly ma (in orange) is still providing powerful support. If it continues to hold such support then we will indeed break up out o the pennant/wedge. I placed the measured moves of such a breakout at the convergence of the red neckline of the potential head and shoulders pattern and the yellow top trendline of the wedge. My presumption is that if the orange weekly 50ma maintains support it will likely help push the price out of the pennant/wedge right at that convergence point or possibly a few candles sooner to get ahead of the herd. If it does break out at that convergence point I have put a dotted line to chart the measured breakout move target of both the wedge and the pennant right at the point of convergence. The dotted purple line leads to the pennant’s breakout target. The dotted yellow line leads tot he projected falling wedge breakout target. If we breakout before the point of the converge the measured move targets for each will of course then be slightly higher. As always we must be prepared however if it does break below the red head and shoulder neckline. I wouldn’t be convinced it’s going to break down however unless we were to lip the weekly 50ma to solidified resistance first. Keeping this idea neutral for now until I see a confirmed break one way or the other. *not financial advice*
COINBASE:BTCUSD
by DrDovetail
USD/JPY Bullish Pennant Breakout in Focus Ahead of NFPsUSD/JPY may be readying to resume the late-September uptrend as prices appear to break above a Bullish Pennant. Still, highs from 2020 may act as key resistance between 111.68 and 112.22. All eyes are on the US jobs report as the Fed gets ready to taper quantitative easing. A rosy outcome could further boost US bond yields, sending USD/JPY higher. Conversely, a materially softer print risks derailing USD/JPY gains. A breakout above 112.22 exposes the 61.8% Fibonacci extension at 112.63 towards 113.139. Otherwise, a turn back lower places the focus on the early October low at 110.79. FX_IDC:USDJPY
by QM_Dubrovsky
1
BitTorrent BTTUSDT - Bull flag + 2000% gains!- BitTorrent is the most popular torrent client (together with uTorrent). - On the chart we can see a bullish flag , which is currently breaking out! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - The price retested the ALL TIME HIGH level, we can clearly see a sign of interest at this point. - 1500% gains is possible in next months, so be prepared! - If you want to see more of these ideas, hit "Like" & "Follow"!
BLong
by UnknownUnicorn2537518
21
Binance BNBUSD - 3x ascending channel + Elliott Wave- Binance Coin - BNB Rank #3 on CoinMarketCap. - BNB is by far one of the most bullish altcoin out there! - My impulse Elliott wave is telling me that there will be another pump very soon. - 3x Parallel channel can act as a support / resistance in the future. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"
Long
by UnknownUnicorn2537518
10
Link LINKUSD - Ascending channel + 100 USD next wave!- Link is very bullish on the weekly time frame. - If you take a look at RSI we can see, that this oscillator is ready for another pump! - Previous swing high acted as a support + bottom of the channel! - Target is top of the channel or 0.618 FIB trend-based FIB. - We can spot an ascending channel forming on the weekly timeframe . - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
COINBASE:LINKUSDLong
by UnknownUnicorn2537518
9
PolkaDot DOTUSDT - HUGE Parallel Channel on the Daily chart!- Polkadot is strong on the daily timeframe , as we can see. - The price broke out of the bullish falling wedge and now is unstoppable! - On the daily time scale, we can spot a huge blue parallel channel , which acts like a support and resistance . - Target top of the chanel or 1:1 fib extension on the daily chart . - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - Due to my Elliott wave count, the correction is totally over and we can expect a higher prices! - If you want to see more of these ideas, hit "Like" & "Follow"!
KRAKEN:DOTUSDLong
by UnknownUnicorn2537518
7
Tron TRXUSD - Huge channel + Elliot Wave- On the chart we can see an incomplete Impulse Elliott Wawe (5th wave). - Rounding bottom or cup and handle is also printing on the chart. - Volume is very bullish and also RSI is prepared for another pump! - Target is 1:1 fib trend-based extension + top of the ascending channel + 5th elliott wave - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - Huge bullish volume is also one of the positive signs! - If you want to see more of these ideas, hit "Like" & "Follow"!
KRAKEN:TRXUSDLong
by UnknownUnicorn2537518
3
INDIAMART- BULLISH PENNANT in making(For educational purpose only, please do your own analysis before taking any position.) -The price brokeout of a downward sloping trend line on August 30. -This was followed by a strong price price movement of around 2000 points in the first week of September. -In the later weeks of this month the stock is forming lower highs and higher lows ( BULLISH PENNANT ), with RSI staying above 50. -Wait for a breakout of this consolidation, and go long after this somewhere around 8400-8500. -Potential target could be the all time high of 9900.
NSE:INDIAMART
by imsaumil
EOS EOSUSD - Rounding bottom- This is my analysis for EOS , a lot of poepole asking about why EOS is not pumping. - So be careful and consider if the EOS is a good choice or not, maybe it is too risky. - On the chart we can see a rounding bottom or cap and handle formation, which is bullish. - After a rectangle consolidaton, the price started with an Impulse Elliott wave. - First target 1:1 / below all time high. - RSI is ready and volume favors bulls. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
BITFINEX:EOSUSDLong
by UnknownUnicorn2537518
8
Litecoin LTCUSD - Ascending triangle! + new ATH soon!- If we take a look at the chart, we can definitely spot an ascending triangle . - We have very important double top resistance right at the ALL TIME HIGH level. - Litecoin (rank 17) is prepared for a huge pump! - We need litecoin, because bitcoin transactions are very expensive. - That's why everybody uses litecoin at this moment. (Paypal, ATM machines etc..) - RSI is prepared for a next pump! - 1:1 FIB extension = 1750 USD Profit target. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
COINBASE:LTCUSDLong
by UnknownUnicorn2537518
6
RIpple XRP - Ascending channel- On the chart we can spot an Impulse Elliott Wave and ascending parallel channel! - As you can see we are currently at the 5th wave to the upside, which can be huge! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - The coin started this uptrend by the Head and Shoulders pattern. - Target is top of the channel or 1:1 fib extension! - New all time highs are near than you think. - The volume is decreasing, which means, that a big explosive move is coming! - If you want to see more of these ideas, hit "Like" & "Follow"!
BITSTAMP:XRPUSDLong
by UnknownUnicorn2537518
10
Avalanche AVAXUSDT - New ALL TIME HIGH! Very bullish coin!- Avalanche AVAX Rank #11 Coin on coinmarketcap. - The price is above the All Time High level, which is of course very bullish. - We have a huge parallel channel, can serve as a resistance on the top. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
12