Breakoutsignal
$FB - Bottomed out reversal play with +10% to 30% upsideTechnical Analysis
Scenario 1 - Bullish
Price has bottomed at $150 with a mean reversion play to $192-$230 depending on which resistance level holds above.
Scenario 2 - Bearish
The next few weeks will determine if we have a long entry above $170 (if price breaks above). If it resists at the $170 -$180 level then we have a continuation to $150 or a squeeze.
Price Target
Entry $170-$180
Target 1: $192
Target 2: $210
Target 3: $230
VENKEYS EXPLOSION MOVE 75% UPSIDE ^^^VENKEYS India has given a breakout and retesting its previous levels
Reason to enter the trade
1. Breakout
2. Retesting
3. High volume
4. Daily timeframe
I HAVE EXPLAINED EVERYTHING ON THE CHART FOR MY VIEWERS SO THEY CAN EASILY GRAB THE OPPORTUNITY
AND SHARE IT WITH YOUR FRIENDS SO THEY CAN ALSO TAKE BENEFIT OF IT
TATAMOTORS breakout 14% MOVE UPSIDETATAMOTORS has given a breakout and retesting nice entry opportunity to enter
REASON TO ENTER
1. Breakout
2. High volume
3. Retesting
I HAVE EXPLAINED EVERYTHING ON THE CHART FOR MY VIEWERS SO THEY CAN EASILY GRAB THE OPPORTUNITY
AND SHARE IT WITH YOUR FRIENDS SO THEY CAN ALSO TAKE BENEFIT OF IT
Powerful Breakout At AAPL With 80% Chance Of The Market Going UpT.R.S (Triangle Of Resistance And Support)
1- As you can see the market tried to break
The Resistance line at 4 different Points,
and On the 5th black point he break the R line succefuly .
2- For the Support Line, we have 4 important Points
which they played the role of a solid support Points.
Powerful Breakout At AAPL With 80% Chance Of The Market Going UpT.R.S (Triangle Of Resistance And Support)
1- As you can see the market tried to break
The Resistance line at 4 different Points,
and On the 4th point he break the R line succefuly .
2- For the Support Line, we have 4 important Points
which they played the role of a solid support Points.
$SXTC - Reversal swing with +50% upsideTechnical Analysis (TA)
Weekly oversold and needs a break above -20 William %R to start a potential mean reversion play to $3.50
Lacks a catalyst so it will be worth waiting until the end of this week to see how price responds to the 1D 50EMA level.
Price Target
Entry: $2.15
Target 1: $3.38
$ACA - Reversal with +15% upsideTechnical Analysis (TA)
Weekly bottomed out with crossover on RSI and William %R)
Daily breakout has signaled a shift in momentum. However, there has been previous resistance at the 100EMA level so I expect this to come back down to EUR 9.2 for a higher low before a push upwards to $11 +
Price Target
Entry: 9.10-9.30
Target 1: 9.76
Target 2: 10.45
Analysts Target: 11.40
Fundamental Analysis (FA)
Mediocre quality screen on financial metric.
Strong earnings and dividends = key catalyst in this upward momentum.
COIN Breaking Out Zone we tested a critical Resistant Level yesterday around the 88.80$, we need to break it and hold above it to confirm new support and going to test 2 profit taking around the 95$, and the 112$ levels .
if we didn't over come this resistant around 88.80$, we need to hold above the 64$+,to show that we are in reversal mood , and making this our bottom for this year , we going to break the 88.80 the next time we tested .
NASDAQ:COIN
EURUSD: Range Breakout 🔄I am set on a bullish EU! The range swept the liquidity to the downside but is yet to take liquidity from the high.
When we see this stop hunt it may continue all the way up into the major supply right above this current area.
Me and the team will be attempting to locate a buy later today.
I am wishing you all a profitable week ahead!
TTM: breaking out of bearish channelTTM ( Tata Motors , Indian conglomerate):
Nice set up here as we had a multi week bear channel and we're now breaking out of this channel, signalling a potential reversal to the upside.
To maintain this reversal, the price will need to remain above the line of the bear channel which is now acting as support. Note that price could go up a bit and retest the breakout point before really taking off.
I'm long with a stop at 26.19. All targets are on the chart. Two important targets are 29.13 which is the previous high, and 34.49.
Trade safe.
Sterling tools near its supply zoneStertools has been on a downtrend since 2018.
The stock has made a double bottom and currently at the neck line which is very strong supply zone of 250rs-260rs which coincides with 38.2% fib level.
If the stock manages to give a weekly closing above 250rs and sustains the same in the following week, we might see a big upmove in this stock.
Keep this stock in radar for a good positional trade since volumes have increased in previous few weeks
#QUANT $QNT with a HUGE breakout, what's next?BINANCE:QNTUSDT printed a good breakout on 4h timeframe
what's next? if we want to place a long position, we should look for a breakout confirmation: if the price is going to retest the 66$ former resistance area succesfully (printing a bullish candle afterwards), we can target the $87 weekly resistance, or something a little closer to the current price
if the scenario gets confirmed, these are the levels I'm watching:
TP: 80 (next resistance zone)
SL: 62 (just below the former resistance which should turn into new support)
let me know if you found this idea helpful and if you are going to enter the trade!
also dont forget to follow me, leave a like, and if you want to request a technical analysis , just comment the ticker of the cryptocurrency you want me to analyse down here!
VIVO - Biotech setup making new 52wk highsSetup was nice. I missed the entry, no FOMO. Must now patiently wait for price to tighten up. There will always be a next train.
Risk: 90 bps
You don't need to know what's going to happen next to make money ~Mark Douglas
Anything can happen ~Mark Douglas
COMPUSDT is creating an ascending channelThe price is creating a descending channel on the 4h timeframe after a rejection from 54$. Inside the descending channel, the price is creating an ascending channel and the price got a rejection from the dynamic and static 4h resistance.
How to approach it?
IF the price is going to have a breakout from the support, and retest the support as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐