ADA/USDT: BULL FLAG BREAKOUT! 50% RALLY INCOMING!!Hey everyone! 👋
If this analysis resonates with you, don’t forget to hit that 👍 and follow for more high-value setups! 💹
🔍 Technical Overview:
ADA is showing strong bullish momentum! It’s breaking out from a bull flag-like structure, with a successful retest confirming the move. The support is holding firm, signaling a potential rally ahead. Now’s the time to long some and add more within the given range!
Entry Range: CMP and add up to $0.98
🎯 Targets:
Target 1: $1.08
Target 2: $1.24
Target 3: $1.36
Target 4: $1.49
🛡 Stop Loss: $0.92
⚙ Leverage: Max 5x (Low leverage recommended)
Why This Matters:
The setup points to a decisive bullish breakout for ADA! With the confirmed retest and strong support levels, it’s looking like an excellent opportunity for traders.
💬 What’s your take on ADA’s price action? Are you seeing the same breakout potential? Drop your thoughts and analysis in the comments below, and let’s ride this wave together! 🚀
Breakout
Amazon - This Could Be The Breakout Rally!Amazon ( NASDAQ:AMZN ) is creating a major breakout:
Click chart above to see the detailed analysis👆🏻
With this monthly candle, Amazon is finally breaking above the previous all time highs and could therefore start the next major bullish cycle. After a 5 year consolidation, a confirmed breakout will lead to an unbelievable short squeeze, which could bring us all the way up to the top of the channel.
Levels to watch: $200, $500
Keep your long term vision,
Philip (BasicTrading)
Breakout Signals via Asymmetrical AveragingSpecial Application of Average Bullish & Bearish Percentage Change Indicator
INDICATOR AVERAGES BULLISH AND BEARISH VOLATILITY SEPARATELY THROUGH THEIR NATIVE PAST CANDLE COUNT. NOT PERIODICALLY!
Asymmetrical averaging is a versatile technique that involves assigning different lengths for independent averaging of opposite market forces. This adaptability uncovers high-probability breakout signals by establishing a threshold that filters out irrelevant fluctuations.
Below, I illustrated 2 practical examples of the method applied to bullish and bearish breakout scenarios:
Bullish Breakout Example:
Set the bullish averaging to 30 and the bearish averaging to 1000.
If the bullish average consistently surpasses the bearish threshold, it indicates robust buying momentum and a potential breakout to the upside.
The extreme bearish average establishes a consistent baseline, filtering out short-term fluctuations and focusing on significant upward momentum to deliver reliable bullish breakout signals.
Bearish Breakout Example:
Set the bearish averaging to 30 and the bullish averaging to 1000.
If the bearish average rises above the bullish threshold, it signals growing selling pressure and a potential breakout to the downside.
The extreme bullish average provides a steady reference point, eliminating minor fluctuations and isolating significant downward momentum for dependable bearish breakout signals.
LINK TO THE INDICATOR:
Gold - This Will Be The Top!Gold ( TVC:GOLD ) is starting to reject the channel resistance:
Click chart above to see the detailed analysis👆🏻
Gold perfectly retested the top of the rising channel after rallying more than +35% over the past couple of months. Just looking at this overextended rally alone, it is quite likely that Gold will correct even more and maybe, we will even see a retest of the previous breakout level.
Levels to watch: $2.700, $2.050
Keep your long term vision,
Philip (BasicTrading)
Nasdaq - This Is Just The Beginning!Nasdaq ( TVC:NDQ ) is preparing a major rally going into 2025:
Click chart above to see the detailed analysis👆🏻
As mentioned in all of my previous analysis, the Nasdaq is rallying but despite the recent strong move, there is still a lot more room towards the upside. With the channel breakout happening over the past couple of months, it is quite likely that we will see a rally of +50% during 2025.
Levels to watch: $26.000
Keep your long term vision,
Philip (BasicTrading)
#ETH Update: Ready for a Massive Move?Hey everyone!
If this analysis resonates, hit that 👍 and follow for more timely updates! 📈
A few days ago, I mentioned ETH bouncing from the $2,900 level, and it’s been progressing perfectly! 🔥 Check the chart for proof.
Currently, ETH is attempting to break out of a descending channel on the daily time frame. Once it confirms a breakout, a rally toward $6,500 could be on the horizon. 🌟
Here’s the plan:
📌 Entry: Wait for a daily close above or buy a portion now and DCA at lower levels.
📌 Targets: $6,000 / $6,500 / $7,000
📌 Stop Loss: $2,980
📌 Leverage: Stick to low leverage for safety.
This setup screams bullish potential! Are you seeing the same? Share your insights in the comments below, and let’s ride this wave together!
Alibaba - It Is So Predictable!Alibaba ( NYSE:BABA ) just rejected a major resistance:
Click chart above to see the detailed analysis👆🏻
A couple of days ago Alibaba stock perfectly retested a major previous resistance level after rallying +45% just within a couple of weeks. We can first see more bearish movement and maybe even a retest of the trendline breakout level before Alibaba will continue its overall uptrend.
Levels to watch: $80, $110
Keep your long term vision,
Philip (BasicTrading)
XRP - Short term Bearish - long term BullishHey Trader!
Is now the right time to buy some XRP? Let’s take a closer look.
XRP/USDT - Symmetrical Triangle Suggests a Breakout Is Coming
XRP/USDT is currently consolidating within a symmetrical triangle on the 1-hour chart—a classic pattern that reflects market indecision and often signals an impending breakout. The price is trading between critical support at $1.29 and resistance at $1.54 , with a broader resistance level at $1.64 , representing a recent high. This phase of consolidation suggests the market is gearing up for a decisive move, either up or down.
The Relative Strength Index (RSI) is currently at 36.96 , indicating bearish momentum but approaching oversold territory. If the RSI dips below 30 , it could signal that sellers are losing strength, increasing the likelihood of a rebound. However, for a stronger bullish case, the RSI would need to rise above 50 , as bearish sentiment still dominates for now.
From a technical standpoint, a bullish breakout would occur if the price pushes above the triangle’s upper boundary and clears the $1.54 resistance. This could pave the way for a move toward $1.64 or higher. Conversely, a bearish breakdown below the $1.29 support would confirm sellers' dominance, potentially triggering a drop to lower levels.
This symmetrical triangle highlights a period of consolidation and mounting tension, with a breakout imminent. Traders should pay close attention to the direction of the breakout to position themselves accordingly.
Will the bulls regain control and push XRP higher, or will the bears take the upper hand? Stay tuned—this is a setup you don’t want to miss! 🚀📉
PBI ready for a huge breakout to 12 and 16+This chart reflects a pivotal moment for PBI . A breakout above the $8.79 resistance and the downward trendline would be a strong bullish signal , with the potential to rally toward $9.92 and 12.11 and $16.06 in the mid-term. However, failure to break this level could result in consolidation or a retest of lower support zones. Monitoring volume and momentum indicators will be critical to confirm the breakout. W patterns are typically confirmed with a surge in volume as price breaks above the neckline. The W pattern sits within a falling wedge, meaning a breakout of the wedge would likely align with the W pattern's neckline breakout. This strengthens the bullish case.
There appears to be a "W pattern" (Double Bottom) forming within the larger falling wedge.
Characteristics of the W Pattern:
Two Distinct Bottoms:
The chart shows two prominent lows, one earlier and another more recent, which form the "legs" of the W. This indicates the price found strong support at similar levels.
Middle Resistance Level:
The middle peak between the two bottoms is near $8.79. A breakout above this level would confirm the W pattern, signaling bullish momentum.
Neckline Confirmation:
The neckline of this W pattern coincides with the $8.79 resistance level. If price breaks above this zone with volume, the pattern would complete, leading to an upward price move.
Target:
Target=Neckline+(Neckline−LowestBottom)
In this case:
Neckline = $8.79
Lowest Bottom = $5.47
Projected Target = $8.79 + ($8.79 - $5.47) ≈ $12.11.
$TOTAL3 & $OTHERS Alt Season Breakout vs $BTC.D !!!If you’re still wondering whether Alt Season is here or not, this is the only chart you need to see to prove it is.
BTC.D has been going down while CRYPTOCAP:TOTAL3 has broken previous ATH with CRYPTOCAP:OTHERS lagging a bit behind.
This shows the rotation from CRYPTOCAP:BTC -> Mid Caps -> Small Caps
Monetary policy, more importantly rate cuts, have signaled “Risk On”, and the market has responded accordingly.
Dogecoin - This Is Still Just The Beginning!Dogecoin ( CRYPTO:DOGEUSD ) is still in its early stages:
Click chart above to see the detailed analysis👆🏻
Although Dogecoin already rallied more than +350% after breaking out of the triangle pattern, this still just seems to be the beginning of the next major bullrun. A conservative approach would indicate a +9.000% rally, but the first primary target is still the previous all time high.
Levels to watch: $0.7, $5.0
Keep your long term vision,
Philip (BasicTrading)
ALT SEASON BREAKOUT! XRP to $1.78 & higher! Ripples & WavesBITSTAMP:XRPUSD
Keeping it simple, Alt season is here!!!
You can see it in the ripples & waves of the XRP Chart as they emanate outward from what seems to have been a massive buy bomb! and from the looks of It, it appears it was the direct hit we needed to finally propel XRP through the stratosphere !!
It seems by all metrics that we are set and ready for market expansion for the ALT coin market. XRP only moves with the broader crypto market, so a breakout in alts, means breakout for XRP. What's more, the only 2 possible moves left for XRP both lead to an imminent breakout. There could be a retest back down to $1.20 - $1.09 area, then we experience the parabolic breakout from there or, we break straight out from our current price levels of around $1.45.
Either way, exciting times are ahead. careful with leverage, protect your portfolios and just ride the waves...... 🌊
Amd - Retest, Reversal And A +100% Rally!Amd ( NASDAQ:AMD ) will soon retest massive previous support:
Click chart above to see the detailed analysis👆🏻
After Amd perfectly retested the upper channel resistance about half a year ago, we saw a beautiful rejection and already a retest of the crucial horizontal support. Now, Amd is once again coming back to retest this support and another bullish reversal is extremely likely.
Levels to watch: $130, $260
Keep your long term vision,
Philip (BasicTrading)
Xrp - The Bullrun Is Finally Starting!Xrp ( BITSTAMP:XRPUSD ) will finally break out of the triangle:
Click chart above to see the detailed analysis👆🏻
As expected and mentioned in basically all of my previous analysis, Xrp now broke above the first of two bearish trendlines. It seems like it will be just a matter of time until Xrp will also break out of the five-year consolidation symmetrical triangle.
Levels to watch: $1.0, $3.0
Keep your long term vision,
Philip (BasicTrading)
LDO ANALYSIS📊 #LDO Analysis
✅There is a formation of Descending Channel Pattern in daily chart with a breakout of Descending. We would see a good price moment in few weeks 🧐
👀Current Price: $1.652
🚀 Target Price: $2.020
⚡️What to do ?
👀Keep an eye on #LDO price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#LDO #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
S&P 500 Technical Analysis Ascending Triangle vs Rising Wedge I've identified two potential patterns on the S&P 500 SP:SPX chart:
Ascending Triangle (blue trendlines): Higher lows and flat highs, with breakout potential above the flat top or a breakdown below the higher lows. Indicated by blue arrows.
Rising Wedge Developing (red trend lines and arrows): Higher highs and higher lows, with a potential bearish breakout below the lower trend line or a less common bullish breakout above the upper trend line. Red arrows highlight the touch points on the rising wedge pattern.
Pattern Rules:
For a valid pattern, the following rules apply:
Ascending Triangle:
At least two higher lows
Flat highs
Decreasing volume
Breakout above the flat top or breakdown below the higher lows
Rising Wedge:
At least three touch points on each trend line (I will use as few as 2)
Higher highs and higher lows
Decreasing volume
Breakout below the lower trend line or above the upper trend line (less common)
Quick Review for Beginners:
New to chart patterns? Here's a quick rundown:
Higher lows: A series of lows that are higher than the previous ones.
Flat highs: A series of highs that are roughly the same level.
Decreasing volume: The trading volume decreases as the pattern forms.
Breakout: When the price moves above or below the pattern's boundary.
Trend lines: Lines drawn to connect the highs or lows of a pattern.
Keep in mind that chart patterns are not a guarantee of future price movements, but rather a tool to help identify potential trends and trading opportunities.
HelenP. I Gold will correct to trend line and then continue riseHi folks today I'm prepared for you Gold analytics. A few moments ago price declined to the support level, which coincided with the support zone, and some time traded near this level. Then Gold turned around and started to grow to a resistance level, which coincided with the resistance zone, making a gap as well. When the price reached the 2730 level, it tried to break it but failed, and then some time traded between this level. Later Gold finally broke this level and rose to 2790 points, after which turned around and started to decline. In a short time, it fell to the 2730 level, broke it, and then continued to fall. Price tried to return, but failed and dropped to the 2610 support level. Gold broke this level and then reached the trend line, after which turned around and started to move up near this line. Soon, the price broke the 2610 support level and rose almost the resistance level. At the moment, the price continues to grow, and I expect that XAUUSD will make a correction to the trend line and then rebound up to the resistance level. After this, the price can break it and continue to grow. That's why I set my goal at 2760 points. If you like my analytics you may support me with your like/comment ❤️