Get started

Breakouts

DYDXUSDT wants the breakout!The price is trying to have a breakout from the daily resistance on the daily timeframe after several rejections. On the 4h timeframe, the price got liquidity from the demand zone on 4.8$ the price is testing the 4h resistance on 5.2$ on 0.5 Fibonacci level. How to approach? If the price is going to have a breakout from that area, we could see a new bullish impulse until the next valid resistance on 5.5$ –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Long
by InkyGrip
IOTXUSDT is testing the 4h resistanceThe price had a breakout from the bull flag and retest the 4h resistance on 0.10$. This area is very strong, if you look on the left you can see that the price got bounces and rejections from it, it means that the market "suffers" on this area How to approach? The price needs to have a new breakout from the resistance and confirm it. As you can see, the breakout is not enough, before the price had a false one, for that reason we are following Plancton's rules to open a new position. So, IF the price is going to confirm the flip, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
14
ETHUSDT want to go higher 🦐The price is testing the 0.5 Fibonacci retracements as I said in my previous analysis (). The price is creating e new higher high above the previous on (3200) On the 4h timeframe, the price had a breakout from the supply zone. how to approach? the price needs to confirm and According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
10
XRPUSDT wants to go higherthe price had a breakout from the bullflag and monthly resistance due to the news. After that, the price got a rejection from the daily resistance on 0.85$. On 4h timeframe, the price s testing the previous resistance as new support and the price needs to grab liquidity to confirm the breakout of the monthly area on 0.78$. How to approach? If the price is going to have a breakout from the resistance area, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
6
KCSUSDT is testing the daily resistance The price retested the 0.786 Fibonacci level on the monthly timeframe. On the daily timeframe, the price is testing the daily resistance on the 19$, as you can see on video, the price got rejections from that area, it means that this area is very strong, and the market needs a clear breakout from it with volume. On the 4h time frame we can find two supply zone, the first one around 19.5$. How to approach? IF the price is going to have a breakout from the daily resistance, According to Plancton's strategy , we can set a nice order The next valid resistance is 21$ ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
6
BTCUSDT is testing a key level In this analysis, we start from monthly timeframe and we can see how the price respected the Fibonacci retracement on 0.786 level, and we create new weekly and monthly structures. on the Daily timeframe the price created a strong area on 43-44k where the market is trying to have a breakout. On the 4h timeframe we can see how the price is testing the 0.886 Fibonacci level as new resistance. How to approach? We need to see a new breakout from the daily resistance with Volume and momentum, because that area is very strong and we could see a false breakout from it, for that reason we are following our rules. A breakout is not enough to open a new long position, the price needs to satisfy our rules. IF the price is going to satisfy all our checkpoints, we can open a new long position. the next valid resistance is on the monthly resistance on 46800 ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Long
by InkyGrip
29
UNIUSDT is testing the daily resistance The price had a breakout from the descending channel on the daily channel and now the market is testing the static daily resistance on 10.25$ On the 4h timeframe the price is creating an ascending channel. Beware to the supply zone on the 10.6$ How to approach? We are waiting for the breakout from the resistance and retest it as new support. Of course a breakout is not enough, you need to have a strategy, for that reason we are following our rules. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
4
SOLUSDT is testing the monthly areaThe price is testing important support on 80$ where the price has the first demand zone. The price tested this area already. On the 4h timeframe, the price is creating a new low after the breakout from the monthly and 4h support, and now the price is testing the previous dynamic support as new dynamic resistance. How to approach? If the price is going to confirm the breakout and the market will have another breakout from the 4h support on 78$ we can add to our watchlist and wait to applying our rules for a new short position. –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
ICPUSDT is testing the 4h supportThe price got rejections from the dynamic resistance on the daily timeframe, and rejection from the weekly resistance on 21$ On the lower timeframe, the price is testing the 0.786 Fibonacci level after a false breakout on 20$ where you can find an M pattern. How to approach? We are monitoring the price, the bullish scenario is above 19$ with confirmation. in a short period, if the price is going to lose the 4h support with confirmation, we could see another bearish impulse until 14$. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
8
SUSHIUSDT is trying to have a breakouytThe price tested the monthly support on 2.7$. That level is so important for SUSHI. On the 4h timeframe the price is trying to have a breakout from the daily dynamic resistance and from 0.382 Fibonacci level. How to approach? I'm monitoring the price, I want to see a breakout from the dynamic resistance and retest of the 4h resistance on 3.1$. It's not enough to check a breakout, you need to have a strategy, for that reason I will open a long position only after the price is going to satisfy my rules. –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Long
by InkyGrip
6
ATOMUSDT is testing the 0.618 Fibonacci levelThe price created a double top on the daily timeframe and now the price is testing the 0.618 Fibonacci level below the daily resistance inside a descending channel On the 4h timeframe the price is trying to have a breakout from the resistance on 29.5$ How to approach? If the price is going to have a breakout from the 4h resistance and grab liquidity we could see a pullback until the 30$ ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Long
by InkyGrip
2
OGNUSDT is trying to have a breakout The price is testing the weekly on 0.24$ support inside a descending daily channel. After the breakdown from the previous support on 0.32$ the price retested it as new resistance. How to approach? We are monitoring the price, we could see a double bottom on the weekly support. We are waiting for a clear breakout from the descending daily channel and 4h resistance. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
1
EGLDUSDT is testing the daily resitancethe price is creating a descending channel on the monthly support on the daily timeframe. The market is testing an important resistance right now on the 162$. On the 4h timeframe, we can see a breakout from the 4h dynamic resistance. How to approach? We are waiting for a breakout from the 160$ and retest the current resistance as new support. Only if the price is going to satisfy our rules we can open a new long position ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
by InkyGrip
4
ETHUSDT is creating a descending channel The price is creating a descending channel on the daily resistance after a bounce on the 0.5 Fibonacci level on the Monthly chart. The price got rejections from the 3k resistance, it's a key level. On the 4h timeframe the price is testing the resistance on 2700$ and the market got rejections from that are. How to approach? For a bullish scenario, I'd like to see a clear breakout from the dynamic resistance and daily resistance on 3k. Otherwise, if the price is going to lose the weekly support and retest the support as new resistance we could see a new short impulse. Next valid support is 2k ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
by InkyGrip
4
MATICUSDT had a breakout from the weekly supportThe price is creating a descending channel on the daily timeframe after a false breakout on 2.6$ area. The price retested the previous support as new resistance and the market started with a descending channel. The price got a bounce on the dynamic weely support and now it's testing the breakout of it. On the 4h timeframe the price had a breakout of the weekly support and retested as new resistance. How to approach? We are monitoring the price action, we could see a retest of the weekly confluence where the price could get new liquidity for a new bearish impulse. According to Plancton's strategy , we can set a nice order The setup is invalidated if the price is going to have a breakout with a retest of the weekly structures around 1.6$ ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
MShort
by InkyGrip
ETHUSDT is going to retest the 0.618 Fibonacci levelThe price lost the 2900 support, where you can find the M's neckline. The market retested the previous support as new resistance and got a new rejection. the price is going to retest the previous resistance as new support, exactly on the 0.618 Fibonacci level. How to approach? We are waiting for the retest on 2600-2500, where the price could have a pullback. IF the price is going to have a new breakdown of that area, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
2
HOW-TO: Cosmic Channel #1📡 INDICATOR Cosmic Channel 👩‍🏫 HOW-TO CONTENT This how-to covers the price breaking through all the support or resistance channels. This is a likely signal that the price is about to begin a volatile move in that direction. ✅ POINTS price breaking through all resistance channels (☝️) signals that a volatile bullish trend is about to begin price breaking through all support channels (👇) signals that a volatile bearish trend is about to begin 🔔 USEFUL ALERTS Resistance Channel Break ↑ Support Channel Break ↓
INDEX:BTCUSDEducation
by cosmic_indicators
SOBHA - Clear swing trade entry🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:SOBHALong
by PrakWorld_Traders
SOLUSDT DEMAND ZONE 135$ , PREPARE TO PUSH HIGHER?Hello Traders! - Please push the like button if you like the content or drop a comment to share your idea! - On Weekly time frame chart we can SOL trading in ascending channel( long term trend) yet if we zoom in towards 1D time frame chart we can see SOL is trading inside a falling wedge making lowers lows and lower highs, correction started in 7 November 2021 and might come to an end since buyers are ready to push price higher setting in a strong level support 135-138$ ( DEMAND ZONE ) -SOL price action has seen strong bullish momentum return this week. After a brief test of lower lows at $130 on the 10th of January, SOLUSDT quickly returned towards previous highs 157$, since a strong higher high was set, we expect more upside to follow as the market structure has become more bullish. -Leading to a test of 150$-157$ local resistance, SOLUSDT is now ready to break higher and test further upside over the next days towards resistance level 165$ If failed to break resistance level we might see a pullback to our lower support 135$ and even lower Good luck traders!
Long
by Johnny_a88