Looks like a bullish pennant forming ready to break to the upside. Set your stop below the pennant, enter at the breakout and follow it with trailing stops. Let's see if it plays out. Let me know what you think in the comments!
Please excuse the mess. I have no idea what I'm doing. TRXBTC is frequently testing the top of the red downtrend channel. I mean, you get it. That would be potential for a breakout or whatever. The 4H 200 EMA is looming up there, and price is traveling through the 100 EMA right now so we just gotta wait and see. I'm looking for movement above the 4H 200 EMA...
Hey Guys: BINANCE:MANABTC is our next coin of discussion. It looks as though BINANCE:MANABTC is forming a bullish pennant . Should the pennant break, we could see profits of up to 75%. Using the height of Pole A, we can estimate the peak of the second rise; should there be one. The estimated peak from Pole B just happens to also stop at the peak of our Fib...
All the fundamentals for a big breakout are here. Once we break out the Pennant the Fibonacci Levels will just be jumped over. I'm going mid-term on this trade. Don't forget to dollar-cost-average (DCA) when volatility gets high. Please feel free to tell me if you want more trade ideas or if I should add more explanation. What is DCA? DollarCostAverage My...
The b wave (apart of the ABC correction in the white lines) appears to be topping near 9000 before either breaking through resistance or moving on to the c wave of the correction. Following the c wave, we might see a bounce at around 7750, a support level formed earlier by the low from the impulse sub-wave iv. Failing to bounce before this level will expose lower...
Target 0.7 based on 0.48-0.05 + 0.37 = 0.8 - lower than that so 0.7 Stoploss: I never used stoploss before and I don't want to start because if i use it then I am scared it will sell it at all time low due to manipulation by exchange to take my money. About my idea: I love it. It is like a flower. Some other things. Also it might not even happen. Don't trade based...
2hr Chart It looks as though BINANCE:POEBTC is forming a bullish pennant. Should the pennant break, we could see profits of up to 23%. Using the height of Pole A, we can estimate the peak of the second rise; should there be one. The estimated peak from Pole B just happens to also stop at the peak of our Fib Extension. Entry Point Look for the price to...
Imminent pennant formation break out coming back on trend line support. Get on it! If break out goes long you can see my SL/TP on the chart, SL on previous low and TP target on the high of the pennant. But could go either way. I am going to wait to see how it plays out before making a decision. Good luck if you take the trade
MacD is about to reverse to bullish indication v soon on all of the hourly charts. On the daily chart, looks like a day or two of bear or sideways trading, and then a very good rally. I'll come back and update when we get closer to the breaking point.
Nice pennant forming on K2F, volume increased slightly last session, could be due for a breakout shortly. Has weathered the US storm well this week, highlights the strong FA behind the stock. Pennant target about 55c.
I am personally not a fan of TRX but i believe there will be another spike in price between today and tomorrow morning, here we have a pennant coming to an end, if we break that top trend line we could see some nice gains for TRX. as always feedback and opinions are greatly appreciated post a comment or PM me, thank you!
Over the past few weeks and months I have been bearish BTC. It was foolish to think that the parabolic rise could and would continue unabated forever. Just before BTC tipped 20k there was absolute hysteria! I had all kinds of people come out of the woodwork calling me to ask how they could buy Bitcoin. My answer to them was simple; DON'T! (At least not at that...
Faster EMAs are about the cross over the 55EMA. RSI and MACD looking bearish yet still holding within trend lines indicating consolidation. Passed through the Fibonacci retracements and speed fan lines like a breeze.
It might be a short break before continuation of the down trend.
Targets: -0.00001042 -0.00001520 -0.00001975 then hard moon
We have a bullflag, which if it executes still does not break the bottom of the cloud. If we turn south from there I see $5600 USD. If there is sufficient volume at the top to get into the cloud following that flag, we go into an 8-10k channel. If not the corrective channel is gonna be 6 to 10K. Of course this assumes there is not some massive manufactured...
Another post just for tracking purposes. Thought it was neat how this fractal is playing out so closely so far. I didn't mention in my first post, but if we were to call this corrective triangle a pennant, then the measured move would actually give us a target around $10,000. Since the bear trend has shown signs of reversing, we could see pushes past previous...