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Trade Alert - Take ProfitTraders, I’ve chosen to take profit here on XRP for several reasons: 1) We dropped below two levels of support which are now acting as resistance. 2) I was a bit overweight in alts for my current risk tolerance level. 3) I am still under the impression that BTC will pullback once tagging 30k. Although, alts could hold their own, they typically exaggerate any move to the downside that BTC makes. Thus, I am simply taking my least liked trades off the table for profit and minimizing my risks until I have a clearer perspective on how price action will play out. 4) I think XRP will come back down to .48 cents for a nice re-entry area. Stew
by stewdamus
Classic Cup & Handle Pattern On PYPLHigh probability that PYPL trades higher in 2023 towards $120 based on a weekly cup and handle patter. Note: This is not financial advice. Consult your financial advisor before doing anything. Info: If you’re looking to up your trading game through expert guidance, come trade with me over at InTheMoneyStocks.com! Info about our different memberships can be found on the website. Links in bio to take you directly to our sites! Feel free to msg me for any more info, will respond to all followers as quickly as I am able!
NASDAQ:PYPLLong
by GarethSolowayOfficial
16
Alert! - If CULT breaks this Trendline then 45%+?It's been a while since I've thrown a good signal your way. Here's something I've spotted on one of my favorite alts, CULTDAO, an inverse H&S pattern. Entry = A break of the neckline with confirmation on the daily. SL = Below support at 0.00001288 pending risk tolerance Target #1 = 100 day MA (purple) Target #2 = 0.00001981 R/R Ratio = should be around 2 *Note: I will let you all know if/when I enter this trade via a trade alert. Best of luck, Stew
C
by stewdamus
1
Dogecoin 14-15 cents target once this happens!🚀Traders, Just thought I'd throw out a quick chart here. Looks like we've got an inverse Head and Shoulders pattern appearing on the 4 hr chart. Target shows as 14 cents. This would be the first. Above that you have the 100 day moving average at around 15 cents and descending. This would be the second target. Entry signal: You want to wait for confirmation on the 4 hour chart. Confirmation #1 is a move above the 200 candle (descending red line). Confirmation #2 is a move above our level of resistance at 12.46 cents. You want to see a candle close above this. For those with a lower risk tolerance, you might want an additional candle to open and close above this resistance threshold. Some of you may want to watch the video I did on this showing you how I found our targets and more (see "Link to Related Ideas" below) Happy trading my friends!
BITTREX:DOGEUSDLong
by stewdamus
7