We can see the price action has hit the measured move breakout target of the blue symmetrical triangle…it is also now pumping above the 1 day 200ma on its way to hit the next target of the green channel it has also broken out of…once we hit that target we may see a retrace or slight correction or sideways consolidation before it continues upward because as you can...
If it can hold the one day 50ma(in orange) as solid support for 1 -2 more daily candles it should validate the break upward. *not financial advice*
Should it manage to flip the top trendline of the triangle to solidified resistance we could see it head to the breakout target of 48 cents in the not so distant future. *not financial advice*
After reaching the breakout target of the smallest inv h&s pattern with quickness, XRP.D already seems to be validating the larger inv h&s target it broke above on the way to the first target. I anticipate the brown trendline(which is part of a channel) to provide some resistance initially but for it to overcome that before too long and continue up towards its...
We can see it has wicked slightly higher than the measured move breakout target. More importantly, in reaching the target of the mini inverse head and shoulders, it has taken price back above the neckline of a larger inverse head and shoulders pattern as well. I anticipate a retracement candle or few to retest the neckline of the larger inverse head and shoulders...
If we have indeed already found are market bottom, then we may actually see ICP break upward for once in its existence. If it does the target is all the way up at $11. It’s hard to trust this asset considering how far it has fallen, but at the same time, if there’s ever a chance this one can find a way to ever set a new all time high and I bought in at this level,...
Analysis: - Support & Resistance - Order Block Flow - Supply & Demand - Trend Line T1: Target 1 T2: Target 2 T3: Target 3 Red Arrow: Minor Correction Green Arrow: Continuation Bounce Opinion: CRO has finished its correction and will now start its bull run
Measured move should take price action above the 1day 200ma. I think it will ultimately hold candle body resistance at first but if it does something similar to what quant did it may flip it to support sooner than later. *not financial advice*
If it confirms the breakout here the target is $12.50. *not financial advice*
This triangle is found on the 1month log chart. This pattern is more speculative than the smaller inv h&s and bullflag patterns I posted in the previous idea to this that I will also link to this idea. If the ethbtc pair were to hit this symmetrical triangles breakout target ethereum would gain insane dominance against btc. Again this pattern validating is much...
We can see Solana has successfully retested the bottom green neckline as support and is seeing a nice green cancel bouncing up after the retest greatly increasing the probability that it will confirm it’s inv h&s breakout and head to the mid $50s for it’s breakout target. On the way to that price target, we will clear the neckline of a slightly bigger inv h&s...
We can see the double bottom pattern here in blue and the bullflag in lime neon green. Both breakout targets take us to the 26.3k range. This is great bullish confluence also great to see how when inside the flag the price action held perfect support when retesting the teal horizontal neckline of the double bottom. This all appears to be leading to something...
Looking for a near-term bounce here for Imperial Brands. IMBBY with Two + years of bullish trading. Also, formed a bullish Pennant clearly outlined in price action. Risk-Reward on this looks solid, waiting for a pop higher for IMBBY then a retest below 22.50 support, then going to enter a long to try to capture that big move to the upside. IMBBY needs to cross...
Waiting to see where the current candle closes. Seeing priceaction flip the 1day 50ma (in orange) to support would make me more confident of the breakout. If breakout confirms target should be around $28.
We can see price action is now currently back above the weekly 200ma (in blue). This key moving average has held solid support for most of bitcoins existence and if it can flip back to solidified support here as well then it should allow price to break up out of this falling wedge right around where I have placed the dotted line that charts the measured move of...
Breakout target shown here in green. *not financial advice*. Iota may be a sleeper. Supposedly an ISO20022 compliant crypto.
Reasons to take long: ⭐️ BTC is bullish ⭐️ Made false breakdown ⭐️ There a lot of trapped bears ⭐️ Slowly squeezing to the trendline ⭐️ 3rd approach ⭐️ Over VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit...
Target is 94 cents if it confirms. Confirmation is likely considering the deal Polygon just made to work with Disney on their metaverse. *not financial advice*