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Longtrade

$THETA broke out of 3 weeks consolidation, what now? Theta coin has made an impulsive move to the upside and broke out of its 24 days long consolidation between 11 and 13.5, and it's currently retesting the breakout as new support. This is healthy price action and provides us with an objective entry anticipating more upside. It is also supported by a few indicators. Pros: - Broke out of consolidation box between 11 and 13.5, now bouncing as support. - 4hrs bullish divergence. Price made high low when RSI made a lower low. - It's currently making a bullish wedge after a successful breakout. Cons: - Could be a false breakout, with volume significantly decreasing afterward. - We haven't confirmed the breakout of this bullish wedge yet. Entries: - Aggressive buyers could choose to enter now between 12.8 - 13.8. - Conservative buyers should enter as the price breaks the falling wedge at 13.8. - The trade is a 3.2 R/R trade indicated on the graph. Personal PT: 16.51 / 17.48 / 20.28 (unlikely in short term) Personal SL: 11.8 If you find this helpful please give a thumbs-up and good luck trading!
Long
by Mattyx227
THETA Awaiting Take off THETA/USDT PAIR Higher Lows and Higher High with the print of a ATH Currently trading within a symmetrical Triangle with Higher Lows and lower Highs since the ATH .. Measured Move gives us a 28% move and if this breaks upwards we have confluence with the Fib Extension for a 1-1 at around $17 Either await a break of the Resistance with a candle close as confirmation for entry or buy around 12$ with a Sl below the last swing low $11.30 region . I have marked on the chart the potential target for a downside move depending on the reaction at breakout/breakdown although I will be taking the long Know where you are wrong and have a trading plan , always use a SL . Thanks and Like and follow for regular setups
Long
by SJTRADESFUTURES
ADAUSDT PredictionPhase 1 of ADAUSDT has finished the trendline has been broken out. That's a good sign to see. Next, there will be some retracement, so please be careful guys. Think rationally, ADA is a top ten coin, not an easy pump coin, there always be massive pumpers and dumpers. Because ADAUSDT has finished phase 1 now, it will continue to phase 2. Let's wait friends. For those who haven't buy ADA, well wait for some retracement, cuz there will be one. Pushs&retracements are good because the coin will have a super strong price foundation. That's my today update. Hope you guys have a good time. Don't forget to leave your comments and critiques,I really love to have your insights, because we are a community. See you in phase 2!
Long
by dumantri
2
EURCAD Long Trade SetupWe may have a complete weekly corrective structure. Actually, I was expecting for another drop, but instead of that, it broke the trendline, and now, it's making a correction after the break-out. A new low is still possible, but in this case, we will probably have a bigger correction first. So I want to take a long trade. If it goes up, we will have a quite big impulse. In the case of a correction, I'll hedge my trade and buy again after the new low. Now, I'm waiting for a reversal pattern to place a pending order.
Long
by WaveAnalysis