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Breakandretest

Nasdaq - Printing The Obvious Bottom!Nasdaq ( TVC:NDQ ) already finished the correction: Click chart above to see the detailed analysis👆🏻 After we witnessed a minor "crash" of about -25% over the past couple of weeks, the bottom might be in on the Nasdaq. We simply saw another very bullish all time high break and retest and depite the possibility of a second retest, I am (still) extremely bullish at these levels. Levels to watch: $17.000 Keep your long term vision, Philip (BasicTrading)
TVC:NDQLong
by basictradingtv
11
Micron Technology - The Chart Is Still Perfect!Micron Technology ( NASDAQ:MU ) will reverse right here: Click chart above to see the detailed analysis👆🏻 If you actually want to explain technical analysis to somebody, just show them the chart of Micron Technology. Almost every structure makes perfect sense, with this stock respecting all major trendlines and horizontal levels and with the current support area, the bottom is now in. Levels to watch: $70, $210 Keep your long term vision, Philip (BasicTrading)
NASDAQ:MULong
by basictradingtv
14
Meta - The Correction Is Officially Over!Meta ( NASDAQ:META ) is retesting the previous all time high: Click chart above to see the detailed analysis👆🏻 For more than 7 years, Meta has been perfectly trading in a reverse triangle formation. And just three months ago, Meta once again retested the upper resistance trendline and reversed towards the downside. But with the retest of the previous all time high, this correction is over. Levels to watch: $500, $800 Keep your long term vision, Philip (BasicTrading)
NASDAQ:METALong
by basictradingtv
26
Bitcoin - All Time Highs Are Inevitable!Bitcoin ( CRYPTO:BTCUSD ) is still massively bullish: Click chart above to see the detailed analysis👆🏻 Despite the correction of about -30% which we have been seeing lately, Bitcoin remains in a bullish market. Even if we see another drop of about -20%, this will still just turn into a textbook bullish break and retest and either way, new all time highs will follow on Bitcoin. Levels to watch: $70.000, $400.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
26
GU Bear Flag Confirmed, Break & Retest Set-UpHere on the 1Hr Chart FX:GBPUSD has formed what seems to be a Continuation Pattern, the Bear Flag! Now, with Price in a decline prior to entering the Consolidation Phase of the Pattern, this suggests that Price will continue further down if this Break is Validated and a Retest is Successful! We will want to see: 1) Strong Breaking Candle that is followed by Accumulation of Bearish Volume!! 2) 10 - 20% of the Range, Past the Break 3) 3 - 5 Closing Candles, Outside of Break, Before Retest This is considered the True or False Formula to determine if its a True Breakout or False Breakout. RSI is Below the 50 in Bearish Territory with room to stretch Oversold strengthening the Bearish bias.
Short
by Novi_Fibonacci
Xrp - Don't Underestimate The Bulls!Xrp ( CRYPTO:XRPUSD ) is bullish despite the recent drop: Click chart above to see the detailed analysis👆🏻 Yes, we have been seeing a quite strong correction of about -50% on Xrp over the past couple of months. But no, this bullrun doesn't seem to be over yet but instead Xrp is creating a significant bullish break and retest formation. So if we get the bullish confirmation, we might see new highs. Levels to watch: $1.8, $3.0 Keep your long term vision, Philip (BasicTrading)
CRYPTO:XRPUSDLong
by basictradingtv
25
Tesla - This Is Actually Not Gambling!Tesla ( NASDAQ:TSLA ) still looks quite bullish: Click chart above to see the detailed analysis👆🏻 Just a couple of weeks ago I published a bunch of analysis, explaining all the reasons for a potential -40% drop on Tesla. However on the higher timeframe, Tesla still looks quite strong and with the bullish break and retest playing out so far, we could even see new all time highs soon. Levels to watch: $260, $400 Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLALong
by basictradingtv
50
Bitcoin - This Is Just Unbelievable!Bitcoin ( CRYPTO:BTCUSD ) is not dropping at all: Click chart above to see the detailed analysis👆🏻 After we have been seeing one of the craziest weekly drops which I have experienced in my entire trading history, all major cryptos and especially Bitcoin are strongly holding their levels. Since bullish strength continues quite often, I do expect new all time highs on Bitcoin soon. Levels to watch: $70.000, $300.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
34
S&P500 - The Correction Is Over Now!S&P500 ( TVC:SPX ) is retesting massive support: Click chart above to see the detailed analysis👆🏻 Over the past couple of days, we have been seeing a quite harsh stock market "crash" with an overall correction of about -20%. However, as we are speaking the S&P500 is already retesting a major confluence of support and if we see bullish confirmation, this drop might be over soon. Levels to watch: $4.900 Keep your long term vision, Philip (BasicTrading)
TVC:SPXLong
by basictradingtv
60
Gold - Heading Higher For Another +30%!Gold ( TVC:GOLD ) won't stop any time soon: Click chart above to see the detailed analysis👆🏻 Back in 2015 we witnessed a significant rounding bottom formation on Gold, starting the next major bullrun. With the all time high breakout back in the end of 2023, this rally was just confirmed and after the recent trendline breakout, Gold can still head much much higher. Levels to watch: $4.000 Keep your long term vision, Philip (BasicTrading)
TVC:GOLDLong
by basictradingtv
15
Alibaba - Don't Forget Chinese Stocks Now!Alibaba ( NYSE:BABA ) still remains super interesting: Click chart above to see the detailed analysis👆🏻 After we saw the very expected parabolic rally on Alibaba about four months ago, Alibaba is now perfectly retesting major previous structure. Yes, we could see a short term pullback in the near future but this just offers a perfect break and retest after the rounding bottom pattern. Levels to watch: $110, $140 Keep your long term vision, Philip (BasicTrading)
NYSE:BABALong
by basictradingtv
31
Bitcoin - This Is Just Wonderful!Bitcoin ( CRYPTO:BTCUSD ) creates textbook market stucture: Click chart above to see the detailed analysis👆🏻 The entire stock market is selling off significantly but Bitcoin and most cryptocurrencies are still holding their strong levels. This is clearly a sign of bullish strength and even if we see a retest of the previous all time high, the overall uptrend remains perfectly valid over the next months. Levels to watch: $70.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
16
Google - Fantastic Bullish Break And Retest!Google ( NASDAQ:GOOGL ) just looks amazing: Click chart above to see the detailed analysis👆🏻 For more than a decade, Google has been trading in a rising channel formation, perfectly respecting all market structure. Now, Google is about to retest the previous all time high once again and with a sharp correction of about -25%, this offers a significant bullish reversal setup. Levels to watch: $150 Keep your long term vision, Philip (BasicTrading)
NASDAQ:GOOGLLong
by basictradingtv
23
Ethereum - The Perfect Crypto Trade!Ethereum ( CRYPTO:ETHUSD ) is retesting massive support: Click chart above to see the detailed analysis👆🏻 For the past four years, Ethereum has overall been trading sideways with significant swings towards the upside and downside. As we are speaking, Ethereum is retesting a significant confluence of support and if the bullrun actually continues, Ethereum will rally parabolically. Levels to watch: $2.000, $4.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:ETHUSDLong
by basictradingtv
10
Amd - The One And Only Setup For 2025!Amd ( NASDAQ:AMD ) shifts to a very bullish market: Click chart above to see the detailed analysis👆🏻 Perfectly following previous cycles, Amd corrected about -60% over the past couple of months. However now we are seeing some first bullish signs at a major confluence of support. If we actually also witness bullish confirmation, an incredible rally of about +200% could follow. Levels to watch: $100, $300 Keep your long term vision, Philip (BasicTrading)
NASDAQ:AMDLong
by basictradingtv
27