XRP 16% PUMP To Next Resistance.XRP has broken out of a downtrend which started in March. We manage to close a weekly and daily candle above the POC.
There's a daily level we have failed to close above, over the past 3 days.
Flip that level into support and I would target $0.62 next 16%
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Srflip
CHAINLINK AT MAJOR SUPPORTWe have came down to a massive support level and I expect to see a reaction at this level leading to a bounce higher.
Lets see how this all plays out.
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RENDER Targets $8.10When you take a look at the chart, you can see that render has lost some buyers and has now flipped an important support into resistance.
The area with the most volume, is the May POC. if we can bounce from that level, a 15% increase to the previous resistance can happen.
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BONK BULLISH after Value Area Low flips to support!When taking a look at bonk we can see that it is showing a sign of strength.
It has reclaimed the POC and trend line. Once the VAL is flipped into support, there’s not much stopping this project from reaching the POC 22% higher from these levels.
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Every day the charts provide new information. You have to adjust or get REKT.
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WELL - retest entryWe already did nice here (take a look at the previous idea) Watch for the former resistance retest entry. If this does not hold as support and we fall down, we will watch for a lower support zone bounce.
Details and levels on the chart.
Good luck traders!
Be careful, the market is unstable...
VGX - S&R flip retestGood chance to see sr flip retest here, trendline breakout is my preferred entry...
Details on the chart
Good luck traders
SUSHI - breaking levels SUSHI is putting in work -
- broken diagonal with retest
- s/r flip
- breached 1st local high, attempting to breach the next high
- momentum building
This one looks good, stay objective. No real clear invalidations that would provide a good entry, RR would be too risky for me to jump in.
Still looks good, target above if we continue!
V
🚨🚨🚀$LUNC #LunaClassic Just Might Actually Make Its Comeback!KUCOIN:LUNCUSDT
$LUNC has obviously been highly speculated on, by "gamblers" and "degens" in the crypto space. I, myself, have even DCA'd very small amounts into it over the past month. While this is, of course, is very possibly a short lived pump, $LUNC has actually made its higher high, above the previous swing-high. RSI's are also showing a strong rise in demand, which may be overheated. But with the higher high in place I do believe it is now safe to speculate (As long as the momentum isn't quickly lost, with a break of the current support-trend) that there may be some real relief in store for $LUNC holders, and ( possibly ) major profits for anyone who has been buying recently.
IMO, if $LUNC can hold these price levels and momentum, then push above the second strong-resistance level (Around $0.00014) and hold that area as support, there could be a very strong rally coming here.
##*This is all my opinion, based on chart data. This is NOT financial advice.*
L2L ScalpPoints:
Signal: Break down straight through major support level with large volume
Confirmation: Retrace to Major support w/decreasing volume
Entry: At support/resistance
Exist: previous low
#crypto #BNBUSD SR Flip upper downtrend channel. Get long#crypto #BNBUSD Support resistance flip of the upper downtrend channel. Finding support on this channel is a very strong signal. High probability trade with a stop below the channel.
We had a tweezer bottom reversal on 19 June to make the trend our friend again.
Volume. Large green volume candles are dominating.
RSI is higher on each new low so sellers are running out of steam.
STO is high but has just dipped so can have another push higher.
Price 291.
Target 1 = 370 or just under 30%.
Stop Loss: 255.
BTCUSD Clear S/R Flip is about to OccurHello traders,
BTC is approaching to a key resistance, previous support, zone in the near short term. This resistance zone has been tested and rejected starting from 13th of Jan, 4 times as shown in the daily TF.
My hypothesis is that this time because EMA ribbon is also showing a reversal, BTC might break the resistance zone and approach to the next minor and major resistance zones, the first grey area above and the golden pocket respectively.
I would wait for a breakout from the resistance zone and follow up with the re-test of the zone. Only then enter a long position with a SL below 1-2 ATR of the resistance.
No trade if we don't see a clear breakout of the resistance, a retest of the resistance, and nice big volumes.
Have fun and good luck.
Rolls Royce (RR) to €2.6? - UpdateXETR:RRU still looks on track to €2.6. The stock is very sensitive to any COVID related news because of their flight engine business. But the company has great things happening in ESG space (at least as per the news). Still long.
#NotTradingAdvice #DoYourOwnResearch
NZDUSD Short Setup1. Waiting for confirmation of breakthrough to the down side as currently market respected at the SR Flip or Significant Support Resistance level.
2. After (1) is formed, we then wait for confirmation on the H4 Order block once we see rejection.
3. Target to next OB at the downside.
ETH in consolidation channel before lift off!This is where I see eth at the moment. It has current flipped the resistance of $1750 into support and is ranging between there and $1870 (current resistance).
- RSI is nice and bullish and in an uptrend, currently sitting above 50
- If the $1870 area is breached, expect further upside
- I would like to wait to see if it retests 1750 area support before entering a long
- If 1750 support is broken, expect downside
DYOR and happy trading :). I think next few days ETH will experience further upside