WABIBTC is creating a falling wedge 🦐WABIBTC is creating a falling wedge below the weekly resistance. IF the price will have a breakout and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Bullish Trend Line
BZRX/USDT : Targeting next major resistance after a retest... BINANCE:BZRXUSDT
Hello everyone 😃
BZRX had a pullback from it's broken bearish trendline.
Now there are two located zones.
- Heavy support zone which is acted as a great reversal point..
- new resistance zone which formed cause of recent rejections on daily candles..
MA 50 has reached movement and it was control movement as a support !
Also there is a bullish trendline which has approached movement already.
📌 Bullish factors are winning in this scenario but the last thing is BTC.
🔴 60K is an important resistance for BTC;
Any minor rejection can change the market's direction for couple of months !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
GNT-USD ESCALATION IN 2021 BULL CYCLE Coinbase Chart I started buying GNT one year ago, when it was at $ 0,033.
On Nov. 2020 it started from 0,072 and, as most of altcoins, in February it made a local High at 0,799, more than 10x in three months!
Since then it has been accumulating in ascending triangles, on the way to fill the gap with the last High.
Next target to consider:
1. $ 0,8
2. $ 1
3. S 1,2
4. $ 1,5 could be the last stop in the medium term.
It would turn into a bearish scenario in case one daily candle would close below the blue trend line or below 0,45 at the time of writing.
UMA/SUDT : Breaking out from resistance zone BINANCE:UMAUSDT
Hello everyone 😃
UMA is breaking current resistance zone !
It could have another retest on lower bullish trendline and bounce again from MA100.
There are 4 located factors that makes UMA bullish :
1️⃣ Volatility is being bullish
2️⃣ MA 100 is supporting movement
3️⃣ MACD is had a bullish crossover
4️⃣ There is bullish trendline which is located below UMA's current level
🔴 BTC's funding is high and it's at Greedy stage !
So set tight SL for short-term and mid-term positions...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
QTUM/USDT : C&H formed in high TF and a bullish flag on lower TFBINANCE:QTUMUSDT
Hello everyone 😃
QTUM had a Cup & Handle formation on 12H TF.
Also it had a breakout from bullish trendline on 4th April !
Now on lower timeframe :
It has formed a bullish flag !
📌 All of the signs are strong bullish and it could be safe to take long after breakout confirmation...
📍 QTUM's C&H pattern wasn't valid enough , But we can count it for bullish sign ;)
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
BTC Bullish Trend Line BreakLooking pretty decent, not hodling my breath for new ATHs, but it would be funny if a lot of folks were ready for "altseason" and overly divested of Bitcoin at this time...
I don't say funny because I want people to lose money, but funny because I think group-think and scripted thinking are potentially financially dangerous. Feel free to not follow me if you don't appreciate the insights.
BTMXUSDT has nice bullish situationIf price could break out top of rising wedge it would be bullish and make 137% profits.
Gold rejected on BIG demand and BIG supportAfter 8 months of bearish trend, as you can see gold made bullish falling wedge pattern. And it has reached good support and good zone also rejected on it. What a good setup. XAUUSD is on a price which can be beginning of uptrend for next few months. And don`t forget it is an idea, not a signal. Hope you guys enjoy it.
Elrond EGLDUSDT - Bull Flag + Elliott Wave, BREAKING OUT!- Elrond is pumping hard recent months and this trend should continue!
- As per my Elliott Wave count, i am expecting one more 5th wave to the upside.
- Out profit target can be top of the trendline, 1:1 FIB or 1:618 FIB (conservative target 0:618 FIB)
- The price is currently breaking out of the bull flag on the daily timeframe
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓
- The blue trendline really should hold for continuation to the upside.
- If you want to see more of these ideas, hit "Like" & "Follow"!
NPXS/USDT TA idea for upcoming change in tokenomicsNPXS will change its tokenomics which often results into a pricespike.
We also are close to the rising supportline (violet).
Take a look at it and share your oppinion.
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Green lines are tested support lines.
Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
Cyan line is for volume trendline.
Purple lines are trendlines we take a look at.
Yellow lines are for visual help only.
AVAX/USDT prediction - do not avoid the bullish trend lineDISCLAIMER: *THESE ARE MY PERSONAL PREDICTIONS, THEY SHOULD NOT BE CONSIDERED AS FINANCIAL ADVICES*
AVAX keeps it going nice and steadilly throughout a long bull trend against the USDT. Even after the Feb 4th-28th rush, the trend line(dashed blue line) successfully works as a safe harbor and support level at every bear movement.
By the APR 10th the trend seems to be carrying the price up to the 35 usd support-resistance level on which the price may go even more rapidly if it can succeeds to hold for a while.
Next Resistance : 41.52 USDt
Trend Break Down: Below 27-26 USDt
Supports: 26.52 - 21.630 USDt
If the market remains healthy this trend line working as an indicator of increasing inflation of USD, would work really well. However there might be major ups before the designated date depending on the company profile, partnerships and product's reputation.
Analytical Candlestick Patterns.Hello Guys,
As our candlesticks gives us an idea of what Is happening on the chart, us traders need the right amount of patience to wait and enter at the good point(sniper entries). Below is an idea on what the market might tend to do in the next couple of hours or days till the end of the week unless shown otherwise, candlesticks, or went against our analysis and the market tend to move in the opposite direction.
Ill also advice traders to stick to their trading plan and disciplinary actions being measured.
Enjoy trading and don't over-leverage.
!!!!!BM-FX, The Best Team For Trading!!!!
I'm definitely bullish about XPENG 🚀🚀🚀The entire world is bullish about XPENG. 🚀🐮 Don't see these black lines as precise trajectories. I don't write the future. I just respected the support and resistance areas.
You can always make money with stocks. It's never late! Don't FOMO!!
What's your opinion? Your comments are welcome.
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Take into account that fundamentals (news) supplement technical analysis . A trader does not use a crystal ball to predict the future (news and people's reactions). Additionally technical analysis is not an exact science. It involves a degree of subjectivity.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.