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Breakoutsetup

LTCUSDT breakout and re-test of 57.00 underwayLitecoin closed last week above 57.00 so I'd consider the breakout confirmed at this point. Also observably relatively performing well under recent volatility. Hence, I'm bullish right now and would buy this re-test if I see a nice bullish candle today. As long as 57.00 holds on a WEEKLY CLOSING basis, I'd say we should see this targeting the next resistance level at around 64.00. Furthermore, a monthly close above 57.00 definitely improves the odds for the bulls (IMO) of a noteworthy rally in the short term. Let's wait and see! Check out the weekly chart below:
COINBASE:LTCUSDLong
by thedailychartist
LTCUSDT tagged 57.0 resistance level. What's next?I am looking for a break higher but we are likely to see some kind of a pullback or consolidation before the market decides to break out of this multi-year consolidation (as seen in the HTF charts) or not. Market deciding to give us another bear leg is of course a possibility (In fact, I think there's a high probability that will happen in the short term so a break higher would be a surprise move for the market and could be explosive). But a Weekly or Monthly close above 57.00 should be pretty significant.
COINBASE:LTCUSD
by thedailychartist
AUD/CHF BUY IDEAHey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation! AUD/CHF: Daytrade-Preparation Market-Buy: 0,64335 Stop-Loss: 0,64190 Target 1: 0,64480 Target 2: 0,64585 Target 3: 0,64675 Target for One-Target-Trader: 0,64585 Stop-Loss: 14,5 pips Risk: 0,5% - 1% Risk-Reward: 2,30 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
4
CHFJPY Possible Breakout/ReversalTrendI think if swiss breakout upward this time from this falling trendline there could be a possible long opportunity for this pair. Talking about the king (greenback) it is losing some gains which it had from the earlier days of the week from other counterparts. For now, the king is pulling yen lower and I think swiss may take this chance and if the price breakout falling trendline with strong momentum buy stop order should be triggered and if ain't be a fakeout possible reversal can be a case which will lead price around weekly pivot R1.
Long
by Anatta0
5
Break out and confirmationGBPUSD has reached top label of the H4 resistant label. I could be break the resistant label. Or it could reverse. If it break the H4 resistant label you can buy in this zone (1.27833 -1.27499) and your TP-1 would be 1.28966 TP-2 would be 1.29574 If it reverse from H4 resistant label you can open a sell trade from this zone ( 1.27430 - 1.27202) and your TP -1 would be 1.26304 TP-2 would be 1.25783 Don't forget to move your SL And you can close half your trade after reaching TP -1 and move stoploss to the entry label and wait for reaching TP -2 Thanks for watching my analysis. If you like this analysis Please =====> Like or share.
by MohammadAbir