BREAKOUT OR BREAKDOWN...MCX:CRUDEOIL1! trade at 6200 level,
Support is at 5850
Resistance is at 7050
Crude oil trade in a range since 3 years. Now it ready for give a breakout or breakdown...
Breakdown
I'm starting to short thisI opened a short position today. It's is possible the price bounce up from the bottom of the flag, in that case I will add. SL triggers only if a daily candle breaks up the downtrend, a big fat green candle.
TON ANALYSIS (BREAKDOWN)🔆 #TON Analysis : Breakdown
📊As we can see that #TON is following ascending channel on 4hr time frame. There is a breakdown in #TON and if it sustain this breakdown then we would see a dump first then a pump.
⁉️ What to do?
- Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
#TON #Cryptocurrency #ChartPattern #DYOR
BTC ANALYSIS🔮 #BTC Analysis 💰💰
🌟🚀 #BTC is trading in a Ascending Triangle Pattern in 4hr timeframe! And we can see a breakdown in #BTC. After a small fall we would see a reversal after few days. 🚀🚀
🔖 Current Price: $58100
⏳ Target Price: $56450
#BTC #Cryptocurrency #DYOR
Divis Lab price ActionDivis lab at crucial levels.
After Breakout, it has formed double top and has broken below imp levels.
If breaks below 4600, 4400 is quite possible. below that 4000-3800 visible on chart.
Mishtann Foods Correction Almost OverFailed to break out and hold, became a deviation and we back in the multi year range. Think correction is nearly complete, we will test the 200 weekly ema and then I think we bounce from there. lets see what the reaction is like at that point.
Aplapollo bearishtried to break resistance multiple times and failed. think we go lower to the support, fill those wicks and then make the next move. lets see where we get to.
KTK Bank Bearish Set upLooks more like distribution rather than accumulation. Think we test 200 and if that doesn't hold its scary but we go test the weekly 200 ema wherever that might be post the breakdown.
SPY does a rising wedge suggest a reversal? SHORTSPY on a 30 minute chart shows a rising wedge over the past week. Price is now under a nearly
flat upper trendline of resistance while the support trendline is rising. The dual TF RSI
indicator shows strength about 70 while the zero lag MACD shows a K /D line cross.
Because of this I believe, SPY may retrace to 468 or the level of the Fib 0.5. Since SPY is a high
volume high liquidity slow spread instrument I see a buying a put option or s short swing trade
short on the shares as strong consideration for the next trading day if the breakdown is
confirmed.
NOT triple top patternI hope this chart is better and readable. Excuse me for my last chart, u guys can still look it up and read my idea about NOT.
NOT triple top patternNOT shows a strong triple top pattern, waiting for confirmation breakdown then i expect NOT to go to the blue support line to follow its longer support line, see my other TA of “What will NOT do?”.
What are your thoughts?
This is no financial advice, always DYOR.
In case you want to short somethingHS confirmed and price is testing the broken neck. Be careful, this one is very volatile. I have some puts expire by the end of the month, probably I should have given more time. SL if a weekly candle closes above 17.
NET breakdown possible , try swing short81.40 below breakdown possible
80/76.50 can test
trendline breakdown possible
21 ema below start trading fall will be sharp
BANK NIFTY MOVE ONE SIDE THIS WEEKS JUN2024JUN 2024 BANK NIFTY Sharap MOVE for ONE side DO NOT pridect THE FUTURE but FOLLOW trend
PLZ DO NOT BLINDLY
BTC ANALYSIS🔮#BTC Analysis : Pattern Formation 💰💰
📈 #BTC is making perfect Double Top Pattern and also there is a breadown of trendline. We can see a dump in #BTC. If #BTC sustains this breakdown then we will see a bearish move🚀🚀
📊 Current Price: $58190
⏳ Target Price: $52069
⁉️ What to do?
- We can trade according to the chart and make some profits in #BTC. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.💲💲
#BTC #Cryptocurrency #Pump #DYOR #Breakout
BTC support levels Bitcoin Analysis
There are 3 support levels
1. $60k
2. $58400
3. $56500
These are very crucial and important support levels for #BTC
From these levels we can see a reversal
Only very bad news can break these levels
Bitcoin Entering A Large Demand Zone- Bounce or Break Down?Hey everyone! It's been a while since I have posted some technical analysis as I have been taking a bit of a break from the markets. But now I am back in the game, it's time to get back to some good ole charting! So now that I am back on that BTC trading grind, it's time to get back to some TA posts.
Bitcoin has been getting pretty hammered for a while at this point. BTC's price is hitting into a large demand zone in the 58K-60K range. We haven't broken the 60K price range yet, and we are showing some oversold conditions with momentum pretty much in the toilet.
The next big demand zone below where we are now is in the 40K range, but I highly doubt that we will break down that low. It's absolutely possible though, so if I were you, I would be safe guarding my stacks until we know for sure, but of course, this is not financial advice. My play is to day trade futures and then stack some cheaper on-chain BTC while the prices are low and lowering average DCA price. I will keep stacking like this until we break above 74K, then I will hold what I have until we top out for the cycle and trade into stablecoins to ride the wave down.
Be watching for a bounce at or around this level, it could be a good chance to go long and make some good profits. Of course on the flip side, we need to be watching for a break down below this zone. If that happens, I am going to be looking at 40K for the next stop as there really isn't much market support below the level we are in now.
Do you think the Wall Street players and their ETFs will let Bitcoin go below 58K? Would love to know your thoughts in the comments!
LINK ANALYSIS🚀#LINK Analysis : What Next ??💲💲
✅As we can see that there was a formation of "FALLING WEDGE PATTERN" in #LINK and given a breakdown. We are expecting a little retest towards support level and then a bullish move📈
🔰Current Price: $13.455
🎯 Target Price: $19.227
⚡️What to do ?
👀Keep an eye on #LINK price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#LINK #Cryptocurrency #TechnicalAnalysis #DYOR
SHIB ANALYSIS🔮 #SHIB Analysis 💰💰
🌟🚀 As we can see that there is a breakdown of descending triangle in #SHIB. There is a support level at $0.00001902, it will first retest its support level then after that we would see a reversal from support level . 🚀🚀
#SHIB #Cryptocurrency #DYOR
+4R Tricky NZDUSD BreakdownAnother trade breakdown
☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
Early entry triple topTriple top, not confirmed yet but looks very bearish. I opened a short position, I'm not waiting for a break down of the support at 0.66. I like to keep my SL as tight as possible. SL trigger if the pair breaks up the uptrend line with a daily candle and closes above ti.
Arcblock triggering a h&s breakdown on the 4hr chart.If it reached the full breakdown target it will head to 3.12. However being a smaller time frame and a bearish pattern in the middle of a bull market cycle, it does decrease the odds of it hitting the full target. I think 3.12 would make for a solid correction for ABT after making such excellent gains the past few months. I do still think after it finishes this correction it is still likely to hit the full measured move target of the log chart bull flag it broke up from awhile back and that this bear pattern breakdown is simply a correction along the way. *not financial advice*
SHIB ANALYSIS (4hr)🚀#SHIB Analysis : Pattern Formation
🔮As we can see in the chart of #SHIB that there is a formation Head And Shoulder Pattern and it's a bearish pattern. If the candle retests the neckline then we would see a little dump in #SHIB📊
🔰Current Price: $0.00002340
🎯 Target Price: $0.00002060
⚡️What to do ?
👀Keep an eye on #SHIB price action. We can trade according to the chart and make some profits⚡️⚡️
#SHIB #Breakdown #Cryptocurrency #TechnicalAnalysis #DYOR
