PORTALUSDT trade ideas
#PORTAL/USDT#PORTAL
The price is moving within an ascending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.
We have a support area at the lower limit of the channel at 0.0600, which acts as strong support from which the price can rebound.
Entry price: 0.0616
First target: 0.0654
Second target: 0.0700
Third target: 0.0750
PORTALUSDT NEXT MOVE?PORTAL/USDT recently broke out above the 0.0865-0.0886 resistance but has pulled back to retest this zone. At 0.0865 is showing signs of rejection at this level, indicating potential weakness.
Key Levels: The 0.0865 level, previously resistance, may fail to act as support. A break below could confirm bearish momentum.
Support Levels: If the price breaks below 0.0865, the next support levels are at 0.0800 and 0.0735
Enter a short position if the price breaks and closes below 0.0865, with a stop-loss above 0.0886 and a target at 0.0800 or 0.0735.
PORTALUSDT 1D#PORTAL is moving inside a descending channel on the daily chart. It is on the verge of breaking out above the channel resistance and the daily MA50. In case of a breakout, we expect a 200 ~ 250% bullish rally in the coming weeks. The targets are:
🎯 $0.0942
🎯 $0.1063
🎯 $0.1184
🎯 $0.1355
🎯 $0.1574
🎯 $0.1800
⚠️ Use a tight stop-loss.
PORTAL: WXY Correction DONE! Trendline Break Confirms New ImpulsHello TradingView Community!
Today, I'm excited to share my technical perspective on Portal (PORTAL), an incredibly promising project poised to be the leading cross-chain gaming hub in the Web3 space, powered by LayerZero. PORTAL aims to simplify Web3 for traditional gamers, offering a universal token for in-game payments, NFT trading, staking, and governance.
While PORTAL's fundamental vision is strong, its price action since its early 2024 launch has, like many new altcoins, experienced significant volatility. It's currently trading around $0.06 - $0.08 USD, with a market cap around $35-$40 million. However, my technical analysis suggests a significant shift may be underway.
My Elliott Wave Prediction: WXY Correction Complete, Impulse Wave Initiated!
(IMPORTANT DISCLAIMER: My Elliott Wave analysis is based on my interpretation of the chart and is inherently subjective. Different analysts may have varying counts. This is NOT financial advice, and cryptocurrency investments are highly volatile. Always do your own research (DYOR) and manage your risk accordingly.)
Based on my detailed analysis of PORTAL's price history on the 4-hour chart, I believe we have witnessed a complex WXY corrective pattern to the downside following its initial price movements.
Wave W (1st Zigzag):The initial sharp A-B-C leg down from the ATH.
Wave X (Connecting Wave): A subsequent corrective bounce, which connected the two zigzags.
Wave Y (2nd Zigzag):The final A-B-C leg down, bringing price to the current lows and completing the entire WXY structure.
As per my count, I predict that this WXY (Double Zigzag) downside correction is now complete, or in its final moments, potentially having found a strong bottom.
Crucial Confirmation: The Downtrend Line Break!
Adding a significant layer of confirmation to my Elliott Wave count, you can clearly see on the chart that PORTAL has recently decisively broken above a significant downtrend line that has been capping price action throughout much of this corrective phase. This breakout, ideally accompanied by volume, is a strong signal that the bearish momentum has shifted.
Following the completion of this corrective phase and the confirmed trendline breakout, I anticipate that PORTAL is now poised to embark on a new impulse wave to the upside. On the chart, I've outlined the potential path for this new impulse, which would typically consist of five sub-waves (1-2-3-4-5).
Potential Wave 1: I believe we are currently seeing the early stages of a strong move up as the first wave of this new impulse, which is supported by the recent trendline break.
Confirmation: Sustained price action above the broken downtrend line and the visible development of a clear five-wave structure would further confirm this bullish outlook.
Invalidation: My current bullish Elliott Wave count and the trendline breakout confirmation would be invalidated if PORTAL were to fall back decisively below the broken downtrend line and, more critically, break below the low of my proposed 'Y' wave. This would suggest the corrective phase is not yet over or that a deeper, more complex correction is unfolding.
Outlook:
Portal's fundamental value proposition in the Web3 gaming space is incredibly strong. From a technical standpoint, the combination of a completed complex corrective pattern (WXY) and the clear confirmation of a trendline break provides a compelling setup for a significant directional move upwards. I will be closely watching for the development of impulse wave characteristics to further confirm this bullish shift.
Always remember to conduct your own thorough research (DYOR) and implement sound risk management. This analysis is for educational and discussion purposes only.
#PORTAL/USDT#PORTAL
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.0622.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.0698
First target: 0.0742
Second target: 0.0799
Third target: 0.0864
PORTAL: Close Stop-Loss, High Targets#PORTAL, listed on Binance in Feb 2024, faced heavy selling pressure, crashing over -95% since launch, raising concerns about Binance's integrity.
However, maintaining $0.0666 is critical as it opens the door for a strong recovery, but losing it risks new ATLs.
#Portal
#PORTAL/USDT#PORTAL
The price is moving within a descending channel on the 1-hour frame and is expected to continue lower.
We have a trend to stabilize below the 100 moving average once again.
We have a downtrend on the RSI indicator, supporting the upward move with a break above it.
We have a resistance area at the upper limit of the channel at 0.0880.
Entry price: 0.0866
First target: 0.0850
Second target: 0.0823
Third target: 0.0788
#PORTAL/USDT#PORTAL
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.
We have a support area at the lower limit of the channel at 0.0871, acting as strong support from which the price can rebound.
Entry price: 0.0950
First target: 0.991
Second target: 0.1022
Third target: 0.1060
#PORTAL/USDT#PORTAL
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.0690.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.0732
First target: 0.0735
Second target: 0.0770
Third target: 0.0795
PORTAL Charging Up – 25% Move Ahead?BINANCE:PORTALUSDT
PORTAL/USDT | 4H
Pattern: Cup & Handle (Bullish Continuation)
Status: Handle forming — price consolidating just under resistance. Breakout likely.
Setup Explanation:
$PORTAL is forming a clean Cup & Handle pattern on the 4H timeframe. Price recently rejected from the neckline. This structure indicates potential long swing opportunity.
Below are two entry approaches based on risk appetite.
⸻
Trade Setup Options:
1. Aggressive Entry:
Current market price (~0.0710–0.0720 USDT)
Stop Loss: Below handle 0.0677 / (4H CC)
Invalidation: Break below 0.0670 USDT
2. Safe Entry (Breakout-Retest Confirmation):
Entry: After breakout and 4H CC above 0.0780 USDT, then a successful retest of the breakout zone
Stop Loss: Below retest low
TP: White lines
Risk-Reward:
• Aggressive Entry: Higher risk, earlier profits
• Safe Entry: Lower risk, higher confirmation
Margin: 1-3% of your portfolio.
⸻
Please don’t forget to hit the 🚀 boost button if you like the setup.
Share with others, let’s grow together.
Disclaimer:
This is not financial advice. Trade at your own risk. Always manage your position size and wait for confirmation based on your strategy.
#PORTAL/USDT#PORTAL
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.1070
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1100
First target 0.1182
Second target 0.1247
Third target 0.1334
#PORTAL/USDT#PORTAL
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.1330
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1400
First target 0.1500
Second target 0.1584
Third target 0.1696
#PORTAL/USDT#PORTAL
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.1865
Entry price 0.2134
First target 0.2264
Second target 0.2365
Third target 0.2500
#PORTAL/USDT Ready to go higher#PORTAL
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.2400
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.2477
First target 0.2580
Second target 0.2763
Third target 0.2925
#PORTAL/USDT Ready to go higher#PORTAL
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.2656
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.2700
First target 0.2755
Second target 0.2805
Third target 0.2863
#PORTAL/USDT Ready to go higher#PORTAL
The price is moving in a descending channel on a 15-minute frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.2900
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.2970
First target 0.3044
Second target 0.3192
Third target 0.3353
#PORTAL/USDT Ready to go higher#PORTAL
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.3071
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.3220
First target 0.3272
Second target 0.3395
Third target 0.3504
PORTAL/USDT: SWING LONG TRADE SETUP!!🚀 Hey Traders! 👋
If this setup excites you, hit that 👍 and smash Follow for trade ideas that deliver real results! 💹🔥
PORTAL is ready for liftoff! 🚀
Breaking out of a falling wedge structure on the 4-hour timeframe and currently retesting. This could be your chance to go long and ride the wave! 📈
📌 Trade Setup:
Entry Range: Current market price (CMP) and add more up to $0.30
Targets: $0.355 / $0.389 / $0.462 / $0.524 / $0.568
Stop-Loss (SL): $0.268
Leverage: Use low leverage (Max 5x)
🔥 Why This Setup?
The falling wedge breakout signals strong bullish momentum.
Retests are great entry opportunities with low risk and high reward potential.
💬 What’s Your Take?
Do you see the same explosive potential? Share your analysis, predictions, or strategies in the comments. Let’s ride this setup together and lock in massive gains! 💰🌊
🔔 Stay Updated:
Follow us, pin our channel, and never miss the next big move! The best setups are just getting started! 🚀
#PORTAL/USDT Ready to go up#PORTAL
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.3353
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.3530
First target 0.3647
Second target 0.3765
Third target 0.3915