? ? ? Asset: XRP (Market Cap in USD) ? Timeframe: 30-Min Chart ? Setup Type: Bullish Pennant Breakout ? Trade Plan (Long Position) ✅ Entry Zone: Above $138.91B (Breakout Confirmation) ✅ Stop-Loss (SL): Below $135.50B (Key Support Level) ? Take Profit Targets: ? TP1: $143.94B (First Resistance Level) ? TP2: $149.88B (Extended Bullish Move) ? Risk-Reward Ratio Calculation ? Risk (SL Distance): $138.91B - $135.50B = $3.41B risk per trade ? Reward to TP1: $143.94B - $138.91B = $5.03B (1:1.47 R/R) ? Reward to TP2: $149.88B - $138.91B = $10.97B (1:3.22 R/R) ? Technical Analysis & Strategy ? Bullish Pennant Formation: Price consolidating within a triangle, suggesting a potential breakout. ? Ascending Trendline Support: Price respecting support, confirming the uptrend continuation. ? Volume Confirmation Needed: Look for high buying volume above $138.91B to validate breakout. ? Resistance at $143.94B: Needs to break this level to push towards $149.88B. ? Trade Execution & Risk Management ? Volume Confirmation: Ensure above-average volume on breakout. ? Trailing Stop Strategy: Move SL to entry ($138.91B) after TP1 ($143.94B) is hit. ? Partial Profit Booking Strategy: ✔ Take 50% profits at $143.94B, let the rest run toward $149.88B. ✔ Adjust Stop-Loss to Break-even ($138.91B) after TP1 is reached. ⚠️ Fake Breakout Risk ❌ If price fails to hold above $138.91B, exit early. ❌ Wait for a 30-min candle close above breakout level before entering. ? Final Thoughts ✔ Bullish Setup – Strong breakout potential. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:3.22 to TP2. ? Stick to the plan, manage risk, and trade smart! ?? ? #XRP ? #CryptoTrading ? #XRPUSD ? #ProfittoPath ? #TradingView ? #CryptoMarket ?
Based On : - Cycle analysis and quantitative data - Poiv divergence on 4H - Demand zone created by engulfing candle -All cot operators are in the 156 extremes giving strong buy signal and open interest as well
AMEX:SPY is repeating this exact pattern not seen since March 2022. Here's what's next
The market is creating triangle pattern. The better way to trade is let the triangle to be brake either up or down before entry the trade
Based on : - Cycles and quantitative analysis - Demand zone created by engulfing candle - Small speculators shorting are 156w extremes on weekly chart - Divergence on Poiv and Progo
OANDA:EURJPY strong bullish push we are have on start of month, thoughts are strong bullish volume is gathered and the we can see still here bullish trend. Currently price is in ASCENDING CHANNEL, expecting to see break of same and new bullish push. SUP zone: 158.500 RES zone: 164.500
Hey everyone, A bit of a longer idea, but I had lots to talk about about, I guess. Here is the summary information for next week: Summary Most likely high target 568.21 (probability assigned 18%) Most likely bear target 552.74 (probability assigned 64%) Retracement target 557 (probability 71%) Expected return -0.11% (very conservative this week interestingly enough). EMA 200 average target 533 range Weekly Levels https://www.tradingview.com/x/fw1ustu1/ Weekly Forecast https://www.tradingview.com/x/v4d1wUWm/ Thanks for watching and reading and as always safe trades! ?And not advice!?
⚠️ WARNING: BINANCE:OMUSDT ENTERING OVERBOUGHT ZONE! Stochastic Oscillator is flashing overbought signals. ? Overbought ≠ immediate dump, but risk increases ? Smart traders scale out or set stop-losses ? Watch for a potential pullback before next leg up Taking profits or holding? ??
Guys pls like, share and follow my ideas Entry price ,stoploss and Target already marked in the chart itself FYI. Thank You All ZIGZAG STRATEGY SIGNAL GREEN ARROW INDICATES BUY RED ARROW INDICATES SELL STOP LOSS DONT RISK MORE THAN 2% OF YOUR CAPITAL BUY TARGET POINT 2900 SELL TARGET POINT 6500
? BINANCE:OMUSDT PIVOT POINT ANALYSIS – WHAT’S NEXT? Pivot Points suggest $6.75 is the next resistance to break. ? Break above = Potential move to $7.00 ? Support at $6.15 – Holding so far ? RSI near neutral = Room for upside Will bulls push it higher? ?