Uptrending
$CHZ/USDT 90m (Binance Futures)Descending channel break & retestChiliz has formed a bullish flag, it is surely hyped (and so do the football Fan Tokens).
Let's not miss out anymore and try to join the up-trend on 100EMA possible retest!
Current Price= 0.61966
Buy Entry= 0.58454 - 0.56020
Take Profit= 0.67544 | 0.84098 | 0.98299
Stop Loss= 0.51331
Risk/Reward= 1:1.75 | 1:4.55 | 1:6.95
Expected Profit= +36.02% | +93.96% | +143.48%
Possible Loss= -20.64%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 2x
Estimated Gain-time= 1 week
$SRM/BTC 12h (Binance Spot) Ascending channel on supportSerum is up-trending and forming a falling wedge, a break-out would be very bullish!
100EMA seems to be acting as support so let's place some bid down there and be patient enough.
Current Price= 0.00010374
Buy Entry= 0.00010110 - 0.00009536
Take Profit= 0.00012433 | 0.00014447 | 0.00018294
Stop Loss= 0.00008335
Risk/Reward= 1:1.75 | 1:3.11 | 1:5.69
Expected Profit= +26.57% | +47.07% | +86.24%
Possible Loss= -15.15%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1 month
$AAVE/USDT 12h (Binance Futures) Ascending channel on supportAave is on Trend-Line, parallel channel and 100EMA support, it seems to be ready for another leg-up!
Also we can see a break and retest so resuming the up-trend here would be likely.
Current Price= 368.024
Buy Entry= 366.786 - 352.586
Take Profit= 440.407 | 582.832 | 711.557
Stop Loss= 299.944
Risk/Reward= 1:1.35 | 1:3.74 | 1:5.89
Expected Profit= +22.44% | +62.04% | +97.83%
Possible Loss= -16.61%
Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1 month
Up,Up, and Away! (LTC Edition)COINBASE:LTCUSD
Looks like were finally making the comeback we've been waiting for. Over the course of a week, LTC has been up-trending at the pace of a snail... or maybe it just felt like that because of the way the market does suicides (going up then back, then up a little further, and back a little higher than before). Nevertheless, LTC has done it, the bulls smashed through the descending trendline, so onward to our resistance level at $243. Hope you werent hoping to hop back in at the mid-lower $180 area, because those days are like getting BTC Sub 30k... behind us. Whether you hodl, scalp, or swing from here on out LTC will be bread.
Side note: Im expecting the minimum cutoff of $200 per LTC to be in about 36 hours. do with that what you will.
Feel free to comment, let me know if you agree, hell, if you know a couple tricks of the trade, you can comment those too. Its all about sharing the knowledge, so lets all get some Queso!
PS this is not financial advice, jsut my thoughts, im not telling you what to do with your money, dont sue me, blah blah blah, Im not responsible for your L if you have one. Do your research, and stay on the market. Goodlucc trading fam, Lets get this Bread
$BNB/USDT 2h (Binance Futures) Descending channel break & retestBinance Coin seems to be ending the local retracement, time to look back up in my opinion.
Current Price= 228.652
Buy Entry= 228.109 - 218.069
Take Profit= 253.327 | 304.529 | 349.700
Stop Loss= 198.869
Risk/Reward= 1:1.25 | 1:3.36 | 1:5.23
Expected Profit= +27.10% | +73.02% | +113.50%
Possible Loss= -21.72%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 10 days
$BTC/USDT 8h (Binance Futures) Ascending trendline retestBitcoin pulled back hard to TL support and almost hit 100EMA, what a big sell-off!
I think a last leg down is likely that's why We'll try to catch the next dip:
Current Price= 47166.07
Buy Entry= 46222.00 - 44518.00
Take Profit= 51195.75 | 55162.23 | 62672.52
Stop Loss= 40795.75
Risk/Reward= 1:1.25 | 1:2.11 | 1:3.73
Expected Profit= +25.44% | +42.90% | +75.96%
Possible Loss= -20.36%
Fib. Retracement= 0.618 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 3 weeks
USOIL 59.80 - 0.52 % LONG IDEA * PRICE ACTION CONTINUATION PTTNSHEY EVERYONE
Here's a look at USOIL from the 4h chart with some emphasis from higher time-frames, hope everyone is having a great one in the markets this week and a good one.
looking at USOIL from the monthly & weekly chart the pair just broke out of a descending channel looking for a continuation of this move as the momentum with the bulls is very strong.
Coming to the 4H we've been in a beautiful strong uptrend that is not showing any signs of slowing down hitting those impulse and correction moves with the bulls targeting level 66.45 looking for longs in the pair.
lets see how it goes
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
$LMLLF / $BUZZ Cup and HandleRetest for this cup and handle breakout is at .145 and will see some solid gains. Retrace has been consolidating and will break fast and hard.
$FLYY Rounding bottomJust look at that volume the past few days.....Going to break out. Patience!
#cse #volume #roundingbottom #uptrending
$FLYY Cup formation in playWe will see .07 for the cup and then the handle will rocket the price. Exciting!!
$NBS $USDT Uptrend$NBS Chart is looking bullish and Bollinger band are squeezing on the daily screaming to break out! #volume inbound #usdt Mac D crossing on the 4 hour chart
Uptrend to bounce back down or continue? If the strategy is correct then we should see the trend continuing upwards for a while and then either cing back down from that resistance line or breaking out to go beyond. I favor that it would break above.
What do you think?
Please share your thought.
Keep in mind this is only technical analysis.
Mr. West Daily notes Report no. 5Trending Up: AESE, MICT, DENN, NNDM, HERO, REKR, ZNGA, UA, BOTZ, SAVE, SNE, MVIS, GE, ABNB
Trending Down: DASH, JBLU, JETS, CAN, PBI, CRON, ACB, NKLA
Consolidation: NCLH, ROKT, NIO
Todays notes will be a refection on the market over the holiday break. Based on this morning, the market has displayed majority of companies increasing towards an up trend. The list that I follow consist of 25 stocks. 23 companies and 3 ETFs. The month of December has shown strong signs of up trends among many companies such as AESE, DENN, and MVIS which has recorded a high for the year.
On the down trend, many airlines have shown signs of decreasing in share price. Since the economy is still effected by COVID-19 and the increase of cases during the holidays, a lot of travelers were not making that trip during the holiday season.