Trade setup : Price is in an Uptrend. It broke out of an Ascending Triangle and above it's ATH of $692 from May 2021. It reached $720 but got overbought (RSI ~ 80) and pulled back on some profit taking. This pullback near $600 level is an attractive swing trade entry in Uptrend with +15% upside potential back to $700. Stop Loss (SL) level at $580, just below prior...
Trade setup : Trends are mixed. Price had a bearish breakout from a Channel Up pattern, which could be followed by further weakness and downside risk to $2.00 support. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates...
Trade setup : Price remains in a long-term Uptrend, trading above 200-day moving average. Following a bearish breakout from Channel Up pattern, price has pulled back to $28 support and appears oversold (RSI ~ 30), which could be a swing trade entry opportunity with +30% upside potential to $37. Stop Loss (SL) at $25.75. Pattern : Price is Oversold at Support ....
Trade setup : Following a breakout from Falling Wedge pattern and above 200-day moving average, price signaled resumption of Uptrend. However, it reached $0.19 resistance where it got rejected in February and was also very overbought (RSI > 80), and pulled back on profit taking. This is almost identical situation to that in February. We would be buyers on...
Trade setup : This asset has shown relative strength - while markets pulled back, it's marched higher. It's now pushing up against that $7.70 resistance for 3rd time in 3 months. It's formed an Ascending Triangle, with each rejection and pullback shallower than before, the dips are smaller and smaller...buyers are eager to accumulate. BTW, we also issued a bullish...
Trade setup : Following a breakout from Falling Wedge pattern and above 200-day moving average, price signaled resumption of Uptrend. However, it reached $0.19 resistance where it got rejected in February and was also very overbought (RSI > 80), and pulled back on profit taking. This is almost identical situation to that in February. We would be buyers on...
Trade setup : Following a bullish breakout from Channel Down pattern , price broke above 200-day MA, which signaled resumption of uptrend. Price rallied +50% to $12.00 and now it pulled back to $10.00 support zone, which could be an attractive swing trade entry in Uptrend with +20% upside back to $12.00. Stop Loss at $9.25, below the prior swing low. Uniswap is...
Trade setup : Following a breakout from Falling Wedge pattern and above 200-day moving average, price signaled resumption of Uptrend. However, it reached $0.19 resistance where it got rejected in February and was also very overbought (RSI > 80), and pulled back on profit taking. This is almost identical situation to that in February. We would be buyers on...
Trade setup : Trends are mixed. Following a Falling Wedge pattern, price has also broken above $0.70 resistance and 200-day moving average to signal a bullish trend reversal, with +25% upside potential to $0.90 next. Stop Loss (SL) level at $0.62 (prior swing low). Pattern : Resistance Breakout. Once a price breaks above a resistance zone, it signals that buyers...
Trade setup : Price is in an Uptrend. Following a bullish breakout from Channel Up, price reached resistance at $0.000017, where it got rejected. Now we look for the right entry opportunity in Uptrend. Pull back near $0.000013 support could be a swing trade entry opportunity in Uptrend with +30% upside potential back to $0.000017. Stop Loss at $0.0000110. If price...
Trade setup : Price is in an Uptrend. Following a bullish breakout from Ascending Triangle, price got close to our near-term target of $0.000046 for +50% gain. Price got overbought (RSI > 75) got rejected at that resistance level and pulled back on some profit taking. Pullback to $0.000030 could be an attractive swing trade entry in Uptrend with +20% upside...
Trade setup : Price is in an Uptrend. Following a bullish breakout from Channel Down, price broke above $0.000316 resistance level, it's prior ATH. broke above ATH and resistance of $0.00031...going higher. How much higher? hard to tell what's the next resistance but using Fib Extension Levels are: $0.00034 (50%) $0.00036 (61.80%) $0.00039 (78.60%) $0.00044 (100%)...
Trade setup : Bullish breakout from Falling Wedge could signal resumption of uptrend, with +25% potential upside to $2.50 thereafter. Breakout was confirmed as price broke above $2.00 horizontal resistance and above 200-day moving average ($2.06). Stacks (STX) is a platform for scaling and building on top of Bitcoin. Read our research report. Patterns : ...
Trade setup : Price is in an Uptrend. Following a bullish breakout from Channel Up, price reached resistance at $0.000017, where it got rejected. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $0.000017 to signal continuation of uptrend, or 2) pull back near $0.000013 support for another swing trade entry in...
Trade setup : Price is in an Uptrend, trading in a Channel Up pattern. Swing Traders can trade the channel: enter near channel support trendline and exit near channel resistance trendline. Near-term upside potential to $4.25. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within...
Trade setup : Bullish breakout from Ascending Triangle could signal a bullish trend reversal with near-term upside to $40-$43 resistance zone. That's a stiff resistance area as it also lines up with 200-day moving average. Overall, price remains in a downtrend until it breaks back above that 200-day MA. Pattern : Ascending Triangle which is a continuation...
Trade setup : Price is in an Uptrend. Following a bullish breakout from a Descending Triangle pattern, price spiked up 25% and reached our near-term target of $4K. However, it got overbought (RSI ~ 70) and is pulling back on some profit taking. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $4K to signal...
Trade setup : Price is in an Uptrend. Pullback near $160 support and long-term up trendline ($143) could be an attractive swing trend entry in Uptrend, with +25% upside to $200. Stop Loss (SL) level at $140. Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for...