I recently warned that BTC was approaching a key retracement level and that we should expect to see a rejection (see previous idea below) Now we are presented with another opportunity to open shorts on BTC . After a clear rejection at the 382 fib, price has pulled back to the neckline of a double top pattern that formed on a lower timeframe. Seems like a lot of...
Current ETH price action is very similar to the price action we saw back in June. I have labeled the similarities on the chart for easy comparison. Current plan is to remain bearish below 2540 with a break of the trendline ~2440 as confirmation for further downside.
Bitcoin is trading just below a key fib & structure resistance level. Despite the clear bullish momentum, be careful longs in case of a rejection. Let me know what you think in the comments
/SI_F is providing an incredible opportunity for longs now $25.350 >expecting $26.7, $27.5 within the next couple months >followed by a correction >then $28, $29.5 as potential extensions some silver names to long: $HL $GPL $AG $WPM $SLV
$LMND broke out of a bullish wedge after retesting the structure (look left) Watch for a push to the upside. Initial target is $95, if price can break 95 then will target 100, 105 Good luck!
Update to my previous BMBL idea (below) I still like the price action on this name and want to see further upside. Watch for a breakout of the flag as initial confirmation. Targets @ arrows
INO is consolidating within a bull flag. Flag is forming the right shoulder. Watch for a breakout of the flag for confirmation, then a breakout of the Head and Shoulders for further upside
RBLX formed a bullish falling wedge, watch for a a breakout of the trendline and key level for confirmation. Targets on chart
$LOVE formed a bullish falling wedge. Watch for a breakout of the wedge structure & horizontal resistance at $94 as initial confirmation. Target 2: $69.42 | $75 | $80
RKT is consolidating at the lows. Watch for a breakout of $18 & the flag for confirmation
$PBR broke out of a bulling falling wedge. Right now price is trading below the key breakout zone at ~$10.90 If price can break above this resistance level expect further continuation to the upside. Targets based on structure: $11.20 | $11.70
SPOT formed a bull flag while retesting the neckline of the bullish inverse head and shoulders. I expect price to break out of this flag to the upside. Earnings are 7/30, In 7/30 260C @ $3.60
ABNB is trading within a bullish falling channel. Watch for a breakout of the channel for longs. If we break the key pivot at ~141 then target $145 | $150 | $155
BMBL formed a bull flag on the 2h timeframe. I am expecting this to move higher, but might see a quick pullback before a breakout. Currently in 8/20 55c
Looking for a quick scalp to the upside. Price has been consolidating at the bottom of this wedge & looks like it wants upside. Watch for a close above the green zone as initial confirmation. good luck!
Dogecoin looks decent for long scalps at this key demand zone. Confirmation with a strong break of the wedge.
The Dow broke out of a large bull flag similar to the one back in October. I am expecting continuation to the upside. confirmation with a break of the previous highs.
In my previous idea I shared this $10 key level that WISH should hold if we want to see upside. Price broke but ended up closing above the $10 level and I still like it for longs. Previous Analysis here: