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Breakandretest

Bitcoin - The Uptrend Remains 100% Valid!Bitcoin ( CRYPTO:BTCUSD ) can create a textbook break and retest: Click chart above to see the detailed analysis👆🏻 Over the past couple of weeks we have only been seeing a consolidation on all cryptocurrencies, governed by the slow movement on Bitcoin. With today's drop Bitcoin is now approaching the previous all time highs, which are now acting as a major support, pushing price much higher. Levels to watch: $70.000, $300.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
23
Dogecoin - The Final Break And Retest!Dogecoin ( CRYPTO:DOGEUSD ) is confirming the final retest: Click chart above to see the detailed analysis👆🏻 After we saw the textbook retest of the previous all time high about three months ago on Dogecoin, so far we also saw the expected correction of about -50%. However Dogecoin is about to confirm the bullish break and retest, which eventually leads to a parabolic rally and new highs. Levels to watch: $0.2, $0.5, $5.0 Keep your long term vision, Philip (BasicTrading)
CRYPTO:DOGEUSDLong
by basictradingtv
34
Alibaba - This Chart Is Pretty Beautiful!Alibaba ( NYSE:BABA ) is perfectly respecting structure: Click chart above to see the detailed analysis👆🏻 With a rally of about +80% within a couple of weeks, Alibaba is clearly showing signs of bulls completely taking over. This pressure was not unexpected though after we perfectly witnessed the major trendline breakout a couple of months ago and a retest of the confluence of support. Levels to watch: $140, $110 Keep your long term vision, Philip (BasicTrading)
NYSE:BABALong
by basictradingtv
22
Amazon - Catch The Parabolic Rally Now!Amazon ( NASDAQ:AMZN ) will start the parabolic rally: Click chart above to see the detailed analysis👆🏻 Just a couple of months ago, we finally saw the expected all time high breakout on Amazon. Following the overall governing rising channel pattern, I simply do expect the acceleration of the current rally, the creation of a parabolic rally, but maybe we will see a bullish retest first. Levels to watch: $180, $400 Keep your long term vision, Philip (BasicTrading)
NASDAQ:AMZNLong
by basictradingtv
18
GBPNZD Maintains Bearish Momentum - Is 2.23800 the Next Target?OANDA:GBPNZD is trading within a well-defined descending channel, with price action respecting both the upper and lower boundaries. The price has broken below a key support zone and has now pulled back for a potential retest. This level previously acted as support and may now turn into resistance, aligning with a bearish continuation. If sellers confirm resistance at this zone, the price is likely to move downward toward the 2.23800 target, which aligns with the lower boundary of the channel. However, a breakout above the resistance zone would invalidate the bearish scenario and could open the door for a stronger bullish reversal. Remember, always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
3
US DOLLAR: Sell Opportunity after support breakTVC:DXY has broken below a key support zone, indicating a potential shift in momentum. The price is now retesting this zone, which previously acted as support and could serve as resistance, aligning with a potential bearish continuation. If sellers confirm resistance at this level, the price is likely to decline further toward the 105.800 target , which aligns with a major support level. Conversely, a breakout above the zone could signal further upside. Before considering short positions, look for bearish confirmation signals such as bearish engulfing candles, strong wicks rejecting the resistance zone, or increased selling volume. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
TVC:DXYShort
by TrendDiva
27
Bitcoin - Just Objectively Look At The Chart.Bitcoin ( CRYPTO:BTCUSD ) remains very bullish lately: Click chart above to see the detailed analysis👆🏻 Many traders are actually calling the top on Bitcoin but if we objectively look at the chart, situation is entirely different. First, Bitcoin just broke above the previous cycle high with a massive candle and second, we still have a valid rising channel acting as a major support. Levels to watch: $70.000, $300.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
19
Cardano - The Historic Rally Of +700%!Cardano ( CRYPTO:ADAUSD ) perfectly repeats the previous cycle: Click chart above to see the detailed analysis👆🏻 Cardano perfectly retested a major horizontal support in the beginning of 2023. Recently we then saw the break above the neckline of the double bottom formation and a rally of about +400%. Cardano is clearly repeating the cycle of 2021 and a potential rally of another +700%. Levels to watch: $0.7, $6.0 Keep your long term vision, Philip (BasicTrading)
CRYPTO:ADAUSDLong
by basictradingtv
30
Tesla - Elon Is Playing The Charts!Tesla ( NASDAQ:TSLA ) is perfectly respecting structure: Click chart above to see the detailed analysis👆🏻 Two months ago Tesla perfectly retested the previous all time high resistance and closed with a massive rejection wick. This means that a correction - which is currently happening - is expected and after the bullish break and retest, we will then finally see new all time highs. Levels to watch: $280, $400 Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLALong
by basictradingtv
13
Xrp - Market Structure Is Just Super Bullish!Xrp ( CRYPTO:XRPUSD ) is still 100% dominated by bulls: Click chart above to see the detailed analysis👆🏻 With the massive +650% rally over the past couple of months, Xrp perfectly broke out of a long term ascending triangle formation. We already saw a retest of this previous resistance which is now turned support and Xrp is now simply starting the continuation of the bullish rally. Levels to watch: $2.0, $4.0 Keep your long term vision, Philip (BasicTrading)
CRYPTO:XRPUSDLong
by basictradingtv
34
Tesla - The Failed All Time High Breakout!Tesla ( NASDAQ:TSLA ) will reject the all time high first: Click chart above to see the detailed analysis👆🏻 Tesla was actually not able to create a sustainable all time high breakout and if a stock doesn't move up, it will come down. However Tesla still remains absolutely bullish and is now starting to create a textbook break and retest which will eventually still lead to new all time highs. Levels to watch: $400, $280 Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLALong
by basictradingtv
20
Google - This Can Be A Major Opportunity!Google ( NASDAQ:GOOGL ) is rejecting the resistance: Click chart above to see the detailed analysis👆🏻 Over the past couple of years, Google has actually always been rejecting the upper channel resistance trendline with the only exception being the 2021 breakout. Following this previous behaviour, another bearish rejection is probable although bulls remain overall in control. Levels to watch: $200, $150 Keep your long term vision, Philip (BasicTrading)
NASDAQ:GOOGLLong
by basictradingtv
5
Ethereum - This Chart Just Doesn't Lie!Ethereum ( CRYPTO:ETHUSD ) remains in a bullish market: Click chart above to see the detailed analysis👆🏻 Over the past three days - since the beginning of February - Ethereum "crashed" about -20% and we saw a significant manipulation last night with Ethereum crashing -25% in a matter of minutes. Looking at the chart though, this price behaviour was not unexpected at all. Levels to watch: $2.000, $4.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:ETHUSDLong
by basictradingtv
34
Bitcoin - This Cycle Is Pretty Clear!Bitcoin ( CRYPTO:BTCUSD ) is still 100% bullish: Click chart above to see the detailed analysis👆🏻 It is actually quite a surprise that we did not see new all time highs on Bitcoin for the past two months. However we had the same thing happening back in 2017 before Bitcoin actually finished the cycle with a parabolic blow off top. So we all know what is very likely to happen next. Levels to watch: $70.000, $300.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
35
Microsoft - This Will Lead To Trouble!Microsoft ( NASDAQ:MSFT ) shows some clear weakness: Click chart above to see the detailed analysis👆🏻 Back in mid 2024 Microsoft created another new all time high and in doing so also retested the major upper resistance trendline of the longer term rising channel formation. Following this bearish retest, a correction is very expected before we then see the bullish trend continuation. Levels to watch: $350 Keep your long term vision, Philip (BasicTrading)
NASDAQ:MSFTShort
by basictradingtv
21