Cup and Handle forming on 4hr chart that can be seen on 1hr with potential 25% gains from here
Buying pressure building here with momentum gain as price at 12 months Low and has a huge upside.
My High probability AI Lite indicator has posted a BUY trigger with levels having a wide range between each other.
4hr chart with BUY trigger from...
ICX-BTC has tested the 890 resistance a few times now and is ready to enter the last zone before testing the 1004 strong resistance, crossing which, the trade zone is a fantastic 30% lucrative gains area with top resistance at 1303.
BTC bulls like ICX too. I see ICX as a keen follower of BTC, very loyal one.
Ichimoku very bullish and...
Strong BUY as previous daily resistance flipped support of 3914 just confirmed yesterday to be strong current support as BTC move up didn't push price below that level on a daily candle close.
Entry - Under 4200
TP1 - 4640
TP2 - 5813
TP3 - 6539
TP4 - 7712
SL - 3614-3914 dependent on Hold period
Recommended Hold period - 2 weeks to 1 month with SL at 3614....
ZIL-BTC Bullish reasons:
Inverse Head and Shoulders Right Shoulder forming which potentially will test 650+ neckline that coincides with 0.236 Fib retracing to 1st Lower High on Daily immediately after ATH that confirmed the downtrend.
Daily Ichimoku bullish crossover (conversion line crossing base line) happened under the cloud (weak to medium signal)
Selfkey (KEY) looks ready for a take off on KEY-BTC as Daily conditions on Ichimoku and Marketplace launch of Incorporations (which enables first ever utility for KEY token in its eco-system) paints Bullish picture for a good move up
Marketplce launch means first time utility of KEY token and SelfKey's strong Fundamentals
UBL has had a very good daily move up for the last several weeks. It has come to a zone where the Bull strength is starting to fade. SELL UBL based on the following.
Head and Shoulder pattern on 4hr with neckline at 1350-1364. If a 4hr candle closes below this level, SELL without any hesitation as price will test 23.6 - 50% retracement to its low of the climb...
Cardano (ADA) is looking very bullish on daily to test the neckline of the inverse Head and Shoulder formed over past several days and is heading close to the moment of truth.
Ichimoku setup bullish on daily as price broke out of the cloud and lagging line comfortably above price candles and cloud
Once resistance is crossed on a daily candle close, the upside...
Bitcoin is sitting nicely at a great zone a nice move up on Daily.
Trend resistance (red horizontal lines above price) is very near to break through.
Daily Ichimoku looks very good too to help BTC longs.
As long as Target 1 is crossed, the daily momentum will be strong to propel BTC towards Target 2
BTC respecting that trend line is also a pretty good...
Trend lines, Harmonic and other common patterns combined with Fibonacci levels are very powerful in identifying price action and they do have a great influence on price or at least give a reasonable direction of the price. If they are used with support/resistance levels in real time trading, it then becomes a high probability system for traders to make good...
The chart shows 2 scenarios where a position can be taken to maximise gains. Scenario 1 is a short term long opportunity and Scenario 2 is a short -mid term short opportunity.
Also the support green line and resistance red line are shown to anticipate the fall or rise to help enter the trade. For now, still NOT A BUY. Staying Short for now.
If you like this...
DLT has retraced over 78.6% from recent high and the idea shos strong support/resistance zones. Since the price is close to the BUY zone, punt can be taken here with recommended SL. Sell targets are green lines with price markers on right.
If you like this idea, give me a thumbs up. Also have a look at my AI Lite indicator which populates BUY/SELL signals on...