SXP $89LONG-TERM TARGET! $20 SHORT-TERMPlease See original idea linked below
Apologies, left out a couple details.
This shows the ABCDE wave analysis which formed on the weekly and is the basis for a bullish pennant.
And we all love a good bullish pennant, not so often you see it on weekly charts.
All other explanations in the original idea linked below. Thank you
DISCLAIMER: Not Financial Advice
Bullish Pennant
CRO NEXT TARGET $1.47 THEN $2-$3.5! LAST CHANCE TO BUY THE DIP!!Gem Hunter here,
So what I'm seeing on the 4 hourly charts is screaming bullish. As long as we hold above the previous support of .64 we will confirm a double bottom and we can expect a 115% move upside breaking out the symmetrical triangle forming. We can go sideways for a bit before this move but I'm leaning towards a massive move upside in the next few weeks to month leading up to the staples center renaming Dec. 25th. CRO will eventually pass BNB because the marketing plan is aggressive and it isn't stopping here. Crypto.com is the fastest growing cryptocurrency exchange in the world and the easiest to navigate. You already see Crypto.com all over UFC and sports! This is only the beginning of their continuous marketing campaign. Any buy below $1 is a great price IMO. I'm all in. Staking for 13% too yes, please! The credit card deal with VISA is only the start of this takeover. Soon CRO will be a top 3 market cap coin once we overtake Binance. $3.5 is my target for CRO this cycle!
ANKR's Next target is 0.19$!Hi every one
ANKR / TETHERUS
ANKR has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ANKR is in, Is a Bullish Pennant Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (Pennant pole) to happen! The Next target is around 0.19$!
🟡Summery:
-ANKR has been Bullish Recently!
-The odds of another Bullish Movement is High!
-Bullish Pennant is Visible on The chart!
-No break out yet!
-Next Target at 0.19$
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
$TSLA - Bullish Pennant Trade ThesisFairly simple trade this time!
After $TSLA's run these past two months, we've created a textbook bullish pennant on the four hour chart. We will likely see an aggressive breakout to the upside within the next few days. That being said, I'm not opposed to playing this ticker to the downside either if we get some bearish price action leading into Friday.
Standard technical pattern, standard trade! Have your alerts ready!
COCOS / USDT 1H - Bull pennant, loading up strong move?COCOS / USDT 1H. Price has been consolidating, ultimately creating a bull pennant pattern. The bull pennant pattern will most likely continue the upside pattern. Also, note that the volume has been steaming off. We will see a significant increase in volume if a breakout should occur. COCOS has been performing like a beast. Will we eventually see a strong move upwards?
If the price breaks the upper line of the pennant - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 4$
TG2 - 4.7$
TG3 - 4.77$
TG4 - 5$
TG5 - 5.38$
TG6 - 5.75$
TG7 - 6.1$
TG8 - 6.5$
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I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About COCOS:
"Cocos-BCX is a public blockchain platform aiming to create a complete run-time environment for games with multi-game system compatibility, providing game developers a user-friendly platform for blockchain game development. In addition, Cocos-BCX aspires to bring users complete control and transparency over in-game virtual assets.It is building a development environment with gaming experience and game economics in mind. Game developers can easily migrate conventional games to the blockchain without the need to learn blockchain programming languages."
Source: Binance
TSM - Nearing a breakup, finally?TSM has been stuck in a wide almost parallel wedge since April. Last Friday it closed right at the upper wedge resistence again.
Are we going to see a breakup soon or will it just be another round of retracement after hitting into the wedge top? I'm feeling more bullish about it thsi time owing to the series of bullish pennants that had been forming since hitting the lower support of the wedge on 6th Oct. Bullish pennants are usually part of a sustainable trend, let's see if it is true this time.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade
ENJ can Create a NEW ATH! Here is why...Hi every one
ENJIN COIN / TETHERUS
ENJ has formed a Bullish pennant. This pattern is gonna Increase the Measured Price movement as much as the measured Price movement( Flag pole). since the break out has not happened yet, we shall wait for it to happen and after that take a Good amount of Profit,because we are talking about a NEW ATH!
Summery:
-ENJ is in a Bullish pennant
-Can Increase as much as the Flag Pole
-No break out yet!
-Creating a New ATH is Possible!
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
BTCUSDT CHART IDEA 1BTC is going through the ABC corrective phase and I think we have almost completed the C Wave. This will be invalidated if it breaks the previous swing and makes a LL on the Daily TF.
It broke out of the BULL PENANNT, long term target is $88,000.
Currently holding the 55 EMA on the daily which is strong support and normally bullish for continuation.
Black Swan event like the Poland border crossing is a warning to crypto and the stock market. Money is flowing back into the dollar and the interest rates are starting to rise.
The charts have just reversed a huge bearish trend which means everyone will get REKT, be cautious.
Buy Zones are set.
Targets are to be met.
Stop loss 1%.
Not Financial Advice.
Dash DASHUSDT - Huge Ascending channel!- Dash DASH - Rank #71 on coinmarketcap
- On the weekly chart we can spot a huge ascending channel
- The price respects a support trendline
- Profit target is 1:1 extension or top of the channel
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"
The hidden gem is Ready to explode Easy & risky trade
Price target as shown on the graph
Loss is 5%
Gain is 40% and above
Does it worth a try! Think about it and trade safe
The inflation is taking TBLT to the moonKeep it easy simple and safe
Enter at current price
TP1 0.72 (42% gain)
TP2 0.89 (74% gain)
TP3 1$+
SL 0.49 (4% loss )
Safe trade , trade safe ><><
PolkaDot DOTUSD - HUGE Parallel Channel on the Daily chart- Polkadot - DOT - Rank #8 -Coin
- 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"!
Trust Wallet TWTUSDT - Secret GEM +1200% + Symmetrical triangle!-Trust Wallet Token - TWT - Rank #245 - Token.
- The chart is printing a huge symmetrical triangle. which is currently breaking out!
- First Impulse Elliott Wave finished succesfully.
- RSI is ready for a breakout to the upside.
- 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"!
- Profit target is 1.618 FIB - around 17.5 USD!
Monero XMRUSD - Cup and Handle + Rounding bottom +1000%- It is a right time to buy Monero, because of the cup and handle formation!
- Target is 1:1 fib trend-based extension - in next leg up, so be prepared.
- RSI is ready for a pump and once we reach all time high, we should accelerate in speed.
- 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"!
LRCUSD Ready for next Breakout early Nov 10thLRCUSD originally spiked to $2.50. Then posted a strong bullish pennant where it consolidated and volume diminished. This lead to a very strong surge up parallel channels all the way to test $3.00 resistance. It has currently tested $3.00 resistance several times and appears to be consolidating down a similar pennant pattern.
Prediction: Price breakout to re-test and surpass $3.00 by early AM Nov. 10th.
To recap: LRC is a 2nd layer Etherium rollup coin used to speed up transactions off the blockchain. The hype surrounding this coin is that it will be used in a future NFT marketplace by Gamestop of all companies. Buy the rumor, sell the news. IMO now is potentially a good time to get in before bigger news hits and this heads towards a $5.00 in the next year.
StormX is readyStormX is in a bullish pennant. If StormX will break the red resistance of 0.036 it is ready for 0.04073. And if btc isn't falling than is 0.045 reachable.