C98 out of spaceThe next move should be soon, out of space in this descending triangle. Volume fall way down
Breakout-trade
SUSHI anyone? part IILast time I draw SUSHI chart we scored almost 50% in profit. You can find that chart in the link below. SUSHI did double bottom, broke out already from this descending channel it formed. Shall we see a bounce down from this significant former support or we will just push through? In my opinion, we have a nice chance for one more retest before heading up, but it really doesn't matter. If rejected, we could take short trade and take long when bounced from support formed. I do not have to say that this is BTC dependant...
CTK ANOTHER LEG UP?The last CTK idea brought my followers a nice 40% profit. But this won't work if you don't set up your alarms for these levels. Looks like CTK found a local bottom and visited it 3 times... Now under the former support level, spiked nicely with good volume, but looks like that most traders decided to take profit under it. This small consolidation losing volume and could be just a pause before a breakout. If gets rejected, we have nice support for the target to take a SHORT trade. Might take some time, so set an alarm.
GL Traders
SOL ascending triangleSOL in ascending triangle, could breakout soon, Volume decreasing and Sol running out of space. BTC drop could ruin this so watch BTC PA also
SLP breakout finnaly?Looks like SLP is near breakout from 40 days long descending trend line... Don't miss this...
Coti doing niceCoti is in range, watch for a breakout, already broken up but pulled back by BTC ... Traders that followed my previous COTI chart are 24% in profit now...
CHR upside continuation?CHR is just under the neckline of that big cup and handle (you can find it on my previous CHR chart). The neckline is at 0.46464, breaking that could lead us to a possible big move upside... You could watch that RSI trendline breakout as a confirmation method also... Set your alarm for this one. Could bring a nice profit...
ANKR stuck...ANKR is stuck in range for 14 days... It could break explosively... set alarms, don't miss it
BTC BITCOIN CORRECTION BEFORE BOUNCE AND BLASTING LONG OPP!$BTC might drop here in price evaluation due to fall in volume, which may mean reversal.
Could see a drop to the 20EMA on the 1hrly (roughly around the 1 on the fib retracement) OR a drop to the YELLOW resistance trend line formed on the daily that we broke through recently.
Either way, we could see a retest and then a easy bounce up to around 47k due to lack of visual range volume traded around this range.
I will be activating my long around the $41.5k USDT and ride it all the way to the top with 10x leverage and a stop loss of 41k. 🚀🚀🚀🚀
Stock for next week .testing support line ready to brakeoutstock is ready to breakout, risk takers can take entry in support line and others can wait for breakout confirmation to take entry . the stock I'm here mentioned is fundamentally and technically strong . it's from cement sector , in my view cement sector is bullish right now .I'm not mention stop loss and Target because I going to ride this one for long . so take your entry and exit according to your analysis .
Sell signal on gold! On Friday we saw price breaking out of the ascending trendline followed by a nice retest.
Then we had a downside impulse that confirmed the reversal.
Right now, we expect this downside move to continue.
First target will be $1793 and if we see a breakout there we could see even lower values.
Make sure to watch out for our analysis so you can see how it goes.
The level at which this setup is ruined is $1826! In case we see price closing above it,
then that would mean that this downside move doesn't have enough strength to continue and we shouldn't be in short positions.
Best entry signal would be a candle with a long wick to the upside or a breakout of previous lows.
👍 Please support this idea with like and comment so we can help more people together.
Thank you in advance! 🙏
Descending channel breakout?Is it time for the end of correction or BTC will pull this one down also? I am prepared for both scenarios... Here are some useful entry points...
HDFC BANK Breakout TradeHDFC BANK is ready to give the breakout of parallel channel and also looks like flag pattern breakout on daily timeframe.
Target - 1600, 1650 +
A CLOSE ABOVE 0.173c JETS ONA BREAK AND CLOSE ON THE DAILY ABOVE 0.173 WOULD BE VERY BULLISH AND PATTERN BREAK OUT TARGET WOULD BE .22Cents ,with the btc.D so high we can seea big move from ada here
Nasdaq still bullishNasdaq is still pushing to the upside despite the deep pullback to the 11 821.80 area. We might see it soar to 12 300.00 in the coming weeks.
Bitcoin breakthrough part 2We are now currently breaking though all resistances apart from the horizontal. Let’s see if we can push through :)
BNBUSDT Elliot wave analysis 1hr time frameWe have a triangle forming with the ABCDE corrrective pattern on play. Trade the breakout. I hope it helps.
$V looking like a whole snack right now$V forming an ascending triangle on the daily and consolidating over the EMAs in a very bullish pattern. Above is a nice gap and I will be looking to take a trade when this gets above the red triangle top horizontal line. Fintech looking strong as a sector as well. Remember volume confirms the move and large gaps are often not completely filled.
Please give a like or a follow if you gain any insight from my analysis thank you
BTCUSD - 4H - LONG - Trend Entry Setup - 5 Jun 2020 BITSTAMP:BTCUSD at a key resistance / support zone on the 4H chart.
Trend: Bullish
Enter LONG @ 9890
Stop Loss @ 9080
Take Profit 1 @ 12200
Take Profit 2 @ 13100
Take Profit 3 @ 14400
Support And Resistance – The House! EICHERMOTOR.----------------------------------Support And Resistance – The House!----------------------------------
Support and Resistance explanation:
Imagine that you are looking at a vertical cross-section of an "Old fashioned dolls house " which is shown in the schematic. Now you can see all the floors and ceilings in the house, and as you can see here we have a ground floor, first floor, second floor, and roof.
The market then moves lower, having reversed, back to the floor, where it consolidates.
The concept of Support and resistance is important for a number of reasons.
--> First, as we have already seen, a breakout from a consolidation phase can be validated with volume , and if confirmed, provides excellent trading opportunities . The so-called breakout trade s.
It is a WIN/WIN. You have the comfort of knowing that once the market has broken through a ceiling of price resistance, not only does this become a floor of price support, it has also become a barrier of price protection in the event of any short term re-test of this area. Any stop loss, for example, could then be placed in the lower regions of the price congestion. This is why breakout trading is so popular.
