Breakouts
LRN Breakout TradeLRN is setting up in a textbook breakout pattern. Sales up huge with gains of 44%, 46%, 52% and 48% in each of the last four quarters respectively.
Notice the pullbacks getting shallower from left to right. This is a sign that profit-taking is drying up and fewer shares are being offered as the stock trades from weak hands to strong ones.
The volume contractions in the tighter range confirms this further.
Monday's selloff likely shook out the last wave of weak-handed holders which will only strenghten this setup.
Consider buying new highs above 35.96 with a stop below the most recent swing low.
HNTUSDT is creating a bull flagHNTUSDT is creating a bull flag and now the price is testing the 4h resistance. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
US30 About to Explode Downward Dow Futures or US30 has been holding itself against all odds and trying hard to hold it at its current levels but it seems on the charts that some selling pressure is being built up within its consolidation. As charts suggest, Bollinger Band is about to explode downside and once breakdown happens, then there would be massive downfall and bloodbath in the market. So, be cautious with your long trades and be hedged all the time.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
TRXBTC is testing the weekly resistance 🦐TRXBTC is testing the weekly resistance. If the price is going to have a breakout,
According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
LIT ascending channelLIT is part of DOT ecosystem. Behaves similarly like DOT, and DOT did 17% run-up il last 36hrs, which is not big, but in this market conditions, the fact that it's not affected by BTC erratic behavior is bullish alone... Recently bounced from support trendline of the channel and also break resistance at 5,29. Volume increasing and MACD on 12hr chart looks bullish. Breakout level at 6.095 was a big support in the past, and we can expect that is an important level to overcome now. If we break that level, we could expect that it will act as support for further upside movement. You have also SHORT entry levels on the chart since BTC's possible significant drop could pull this one down also and possible rejection from 6,095 could push it down to retest 5,29 before pushing up... Set your alarms and don't miss this. GL traders
XLM descending triangleXLM in 20+ days long descending triangle. Support at 0,328 holds, three times already, but every time it's tested we get a bit lower price, and that's not a great sign. Since the last bounce from support, volume ascending. Looks like the next move is near. Where ever it goes, we want to catch it... Set alarms and GL traders
TLMUSDT is testing the upper trendlineTLMUSDT is testing the upper trendline inside a descending channel on the daily timeframe. According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
OCEANUSDT is testing the daily resistance 🦐OCEANUSDT is testing the daily resistance 🦐. According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
IOSTBTC is creating a pennant 🦐IOSTBTC is creating a pennant below the weekly resistance. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
ALICEUSDT is testing the weekly resistance 🦐ALICEUSDT is testing the weekly resistance, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
AAVEUSDT is testing the weekly resistance 🦐AAVEUSDT is testing the weekly resistance inside an ascending channel. If the price is going to satisfy all our rules, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
BTCUSDT is creating a descending channel 🦐BTCUSDT is creating a descending channel inside the daily ascending channel. We need to monitor the 0.5 Fibonacci level on the W's neckline.
According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
VETUSDT had a breakout 🦐VETUSDT had a breakout from the weekly resistance. we are waiting for the new retest, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
LRCUSDT had a breakout from the ascending channel 🦐LRCUSDT had a breakout from the ascending channel and now the price wants to test the weekly resistance. IF the price is going to have a breakout,t According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
AVAXUSDT is testing the weekly resistance 🦐AVAXUSDT is testing the weekly resistance inside an ascending channel. According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
XLMBTC is creating a falling wedge 🦐XLMBTC is creating a falling wedge on the weekly support. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
SKLUSDT is testing the weekly resistance 🦐SKLUSDT is testing the weekly resistance. IF the price will have a breakout from the resistance and turn to new support, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.