Dead Bitcoin soon will break 92K support (Bye 100K and Hi 80K) As we mentioned a lot major support which is 92K$ is holding price from falling now for 8Th times and each time a support or resistance touch it gets weaker and soon this support will also break to the downside and below 90K$ we are looking for massive dump and fall and start of bear market for at least 2-3 months and this would be correction and rest for market and bitcoin and after that we are looking for rise and next phase pump for the market and maybe targets like 130K$ and more.
So for now we are looking for correction and dump like the red arrows and for confirmation of bear market and dump major support zone should break soon.
DISCLAIMER: ((trade based on your own decision))
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Breakout
Breakout in Organogenesis Holdings Inc...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
KAITO Holding Rising Support – Is a Big Move Coming?$KAITO/USDT is respecting a rising support line, with price bouncing multiple times from this level. The current retest suggests a potential bullish continuation, especially with the Stochastic RSI in the oversold zone, indicating a possible reversal.
If the trendline holds, we may see a strong upward move, targeting previous highs around $2.50 - $3.00. However, a break below the support could invalidate the bullish outlook.
DYOR, NFA
Breakout in ADT Inc...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
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)
USDJPY - BULLISH SCENARIOHello Traders !
On Thursday 20 FEB, The USDJPY reached the support level (149.356 - 148.639) and failed to break it !
So, We have a bullish scenario:
If the price breaks and closes above the lower high (150.733 - 150.469),
We will see a bullish move🚀
_______________
TARGET: 153.700🎯
Nvidia - The +50% Rally Is Inevitable!Nvidia ( NASDAQ:NVDA ) is about to create a false breakdown:
Click chart above to see the detailed analysis👆🏻
After the -12% drop on Nvidia last month, Nvidia actually broke the final support trendline towards the downside. However bulls are about to break it again towards the upside, which would confirm the false bearish breakdown, leading to a short squeeze rally of about +50%.
Levels to watch: $140, $200
Keep your long term vision,
Philip (BasicTrading)
DOTUSDTRange Breakout: The pair has been trading within a range, and the breakout from this range signals potential bullish momentum. A breakout indicates that the price is ready to move out of its consolidation phase, with buyers now in control.
Trendline Breakout: The price breaking above a key trendline further confirms a shift from a bearish or neutral market sentiment to a more bullish one. This is a strong signal that upward momentum is building.
Ethereum - Watch This Massive Support!Ethereum ( CRYPTO:ETHUSD ) is weak but testing strong support:
Click chart above to see the detailed analysis👆🏻
The entire crypto market is currently not able to stop the bleeding and also Ethereum just dropped another -20% over the past three days. It might seem like a horrible scenario but overall Ethereum is still in a bullish market. Just watch the final confluence of support now.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
Gold - A Bullish Close Would Be Insane!Gold ( TVC:GOLD ) has to close bullish now:
Click chart above to see the detailed analysis👆🏻
Just since the end of 2022, Gold rallied about +80% which is simply unbelievable looking at the already significant market cap of the precious metal. However this bullrun does not seem to be over and if Gold confirmes the trendline breakout, another rally of +40% will follow soon.
Levels to watch: $4.000
Keep your long term vision,
Philip (BasicTrading)
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)
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)
Meta - The Breakout Is About To Be Confirmed!Meta ( NASDAQ:META ) is attempting the breakout:
Click chart above to see the detailed analysis👆🏻
Over the past couple of months, we have been witnessing an incredible rally of about +750% on Meta. Looking at the long term reverse triangle pattern, this rally was not unexpected and such is the breakout. We still need to see confirmation, but then Meta will target the four digit level.
Levels to watch: $700, $1.000
Keep your long term vision,
Philip (BasicTrading)
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)
$NASDAQ:AISP breaking resistance for a 35%++ upsideNASDAQ:AISP broke it's double bottom pattern resistance with some upside potential.
Entry Point: At the current price OR (as I suspect there will be a retest of the $6 resistance) somewhere around $6
Price Target: $8.14 - 35% from the $6 resistance.
TAOUSD Breakout and Retest Confirms Bullish StructureTAOUSD has shown strong bullish potential after breakout of two key patterns. The first pattern was a wedge, which formed between May and September 2024. This pattern is typically a bullish reversal signal, and as expected, the breakout led to a strong rally. After reaching new highs, the price then entered a bearish channel, which served as a corrective phase rather than a trend reversal. Recently, TAOUSD successfully breakout of this bearish channel and has now retested the breakout zone around $411, confirming previous resistance as a new support level.
Currently, the $400 – $411 zone acts as a critical support area that needs to hold for further upside continuation. If the price maintains strength above this level, the next key resistance to watch is $480, where previous price rejections occurred. In the medium term, the major bullish target lies at $705 – $730, aligning with a previous major high. From a trading perspective, aggressive entries can be considered around $410 – $420 during this retest, while conservative traders may wait for confirmation with a strong breakout above $480. A stop-loss should ideally be placed below $400, as a breakdown below this level could invalidate the bullish outlook.
For confirmation, volume strength should be monitored, as a breakout with low volume may indicate weakness or a potential fakeout. Additionally, broader market sentiment, particularly Bitcoin’s trend, could influence TAOUSD’s price action.
Breakout in Innodata Inc...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
Leap Ahead with a Dynamic Setup: Trading with Andrew’s PitchforkThe Leap Trading Competition: A Chance to Trade Micro Euro Futures
TradingView’s "The Leap" Trading Competition provides an opportunity for traders to apply their futures trading strategies in a competitive environment. Participants can trade select CME Group futures contracts, including Micro Euro Futures (M6E).
This article presents a structured trade setup using Andrew’s Pitchfork, a technical tool that helps define potential trend direction and breakout levels. The setup involves two intersecting pitchforks near a key UFO support level, signaling the possibility of either an uptrend continuation or a confirmation of a new downtrend.
Understanding Andrew’s Pitchfork and Market Structure
Andrew’s Pitchfork is a technical analysis tool used to identify trend channels by plotting three parallel lines from a major price swing. The tool helps traders anticipate support, resistance, and breakout levels based on median lines.
In this setup, two pitchforks define opposing market structures. The green pitchfork represents an uptrend, suggesting that price could continue higher. The red pitchfork represents a developing downtrend, indicating a possible reversal. The intersection of these pitchforks at a key UFO support level marks an important decision point for the market.
The Dynamic Trade Setup: Long and Short Scenarios
In a long trade scenario, entry is confirmed if price breaks above the Upper Median Line (UML) of the red pitchfork. The target for the trade is the Median Line (ML) of the green pitchfork, representing trend continuation. A stop loss is placed below entry at a distance that ensures a minimum 3:1 reward-to-risk ratio.
In a short trade scenario, entry is confirmed if price breaks below the Lower Median Line (LML) of the green pitchfork. The target for the trade is the Median Line (ML) of the red pitchfork, confirming further downside movement. A stop loss is placed above entry at a distance that maintains a minimum 3:1 reward-to-risk ratio.
Because the UML, LML, and ML levels change dynamically with each bar, breakout levels and targets must be adjusted accordingly. If price remains inside the pitchfork structure, the setup remains neutral until confirmation occurs.
Contract Specifications and Margin Requirements
Euro FX Futures (6E) details:
Full contract specs: 6E Contract Specifications – CME Group
Contract size: €125,000
Tick size: 0.00005 per EUR/USD ($6.25 per tick)
Margin requirements depend on broker conditions and market volatility, currently around $2,600 per contract.
Micro EUR/USD Futures (M6E) details:
Full contract specs: M6E Contract Specifications – CME Group
Contract size: €12,500 (1/10th of 6E)
Tick size: 0.0001 per EUR/USD ($1.25 per tick)
Lower margin requirements provide access to traders with smaller accounts, currently around $260 per contract.
M6E offers a lower-cost alternative to 6E, making it a useful instrument for adjusting position sizes and managing risk effectively. Traders should consider market conditions and leverage when determining position sizes.
Execution and Trade Management
Before executing a trade, price must confirm a breakout by fully breaking above UML for long trades or below LML for short trades. Additional confirmation through volume trends, momentum indicators, or candlestick patterns may help validate the move.
If price does not confirm the breakout, the setup remains invalid. If price re-enters the pitchfork channel, traders should reassess market structure before taking a new position. Stop losses should be maintained at levels that align with a structured risk-reward plan.
Conclusion
Andrew’s Pitchfork provides a structured approach for trading trend continuation and reversals. This setup allows for both long and short breakout opportunities, depending on how price reacts at key pitchfork levels.
For traders in The Leap Trading Competition, this setup highlights the importance of disciplined execution, waiting for confirmation, and managing risk effectively when trading futures.
When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com - This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies.
General Disclaimer:
The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
EUR/USD is bullish now after this breakoutDESCENDING WEDGE PATTERN BREAKOUT :
FX:EURUSD has broken out of a descending wedge pattern with strong confirmation indicating market will go upwards till the target equivalent to the max width of the pattern
STRONG SUPPORT ZONE TESTED :
market has recently tested a strong support zone which it had tested earlier two times and had gone upwards indicating strong upward momentum for the currency pair
PROFIT TARGET :
level is 1.05274
Ethereum’s Accumulation Phase Ends – What’s Next?Ethereum has successfully broken above the accumulation zone, indicating a potential bullish continuation. The price is now approaching a critical descending trendline resistance (blue line), where a breakout could trigger further upside momentum.
Key Observations:
Breakout from Accumulation: The price has cleared a consolidation phase, suggesting renewed buying interest.
Next Resistance (Green Box): The immediate hurdle is the descending trendline resistance within the green box. A breakout and successful retest of this level could push the price toward the next major resistance.
MKR ANALYSIS📊 #MKR Analysis : Update
✅There was a formation of Falling Wedge Pattern on daily chart with a huge breakout 🧐
We could expect more bullish move if #MKR breaks the major resistance zone.
👀Current Price: $1.537
🚀 Target Price: $2.060
⚡️What to do ?
👀Keep an eye on #MKR price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#MKR #Cryptocurrency #TechnicalAnalysis #DYOR