breakouts

Waiting for channel to breakup and THEN enter the market

here we can see the inverted head and shoulders and how xrp is currently testing the neckline. I have two price target as here in black boxes. The first one represents how high we should climb after breaking up from the small symmetrical triangle(in green). The second much higher price target is where we will go if we trigger the inverted head and shoulder pattern ...

With ADA being on the shortlist of a Coinbase listing I think there might be a great opportunity ahead of us. ADA is currently in a wedge bound to break out to the up or downside, I'm hoping for up. Stoploss at ~1050 satoshis if it breaks down to the downside Blue rectangle = support area Green rectangle = bigger support area Future resistance indicated by ...

As we mentioned earlier that we should be careful if the market penetrated the resistance level, in the last few hours before the up rally we could not see any active downtrend.. I would go for a countertrade, yes it has a big stop loss, but there is no other indication right now on the chart, and I would target the trendline again... Happy trading and always ...

Hopefully Volume Fueled Breakout On the horizon

Keep an eye in the new week... Happy weekend and happy trading!

Good evening traders, Here is another Price Action Trade I took and GPBJPY. The falling wedge is a reversal pattern confirmed by two lows and highs. Brexit has definitely been influencing the price, nevertheless, even a strong sell-off should be followed by some kind of correction. SL is set below minor low inside the pattern and TP is set below the recent ...

XRP is looking very bullish now as it appears to have potentially flipped this yellow line it was struggling to get above from resistance to support after finally breaking above it and up and above the inside bar consolidation it was trapped in. This is a very bullish sign as it will now likely close abov this symmetrical triangle and trigger a nice bull break ...

Massive HEAD & SHOULDERS spotted on #BitcoinCash | $BCH $BCC!

GBPUSD has a minor support level, we expect by breaking it to go to our major support level (the long green rectangle) Keep an eye and Happy trading!

Lets Harvest Some Cheese

Since my analysis from yesterday, we have dropped hard. I did say this was a possibility, and to pay attention to the capitulation going on, since it would likely present a good buying opportunity. I said I had a feeling we could go lower, and we did. The 200B market cap line did not hold either, although I was hoping it would. Oh well. The market doesn't HAVE to ...

VERGE / USD Many like to call it a Sh*tcoin but then again, many used to refer to Bitcoin and Ethereum in similar way. Privacy coins are the future. Yes we still have Monero and ZEC but that does not mean that there isn't any space for few more privacy coins Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or ...

BITCOIN / USD TA Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.

BTC / USD TA Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.

ETC / USD TA Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.

Hey Tradomaniacs, quick another chart with possible targets for the current bears since we`ve seen the BREAKOUT out of the triangle! :-) It looks like we could easily head to 5,0 - 4,8 in order to finish the corrective - phase. I really hope thzat you guys from turkey will not suffer from that hardcore inflation anymore and see a stable lira very soon! :-) I ...

Another breakout scenario is at the verge of happening in Monaco coin after a good leg up reversal uptrend in the last days of June and at the first week of July. After that it was in a correctional pattern for some time since then. Now it seems it is showing a good indicators behavior of an uptrend. RSI is at 46 and 50EMA is showing a move to go below the ...