Breakoutsignal
Ethereum just entered an accumulation phase after the breakoutEthereum just broke out of the months-long channel, and in this case, we didn’t see a breakout with strength and volume. However, ETH is entering an accumulation phase and will consequently need to make a decision to break out and rise back to last month's levels.
Just remember that the backbone of all cryptocurrencies is Bitcoin, and if Bitcoin decides to go up, the entire crypto market will rise as a result. So, I invite you to check out my Bitcoin analysis.
Thanks for supporting my analysis.
Good luck!
BTC Lucky Number 7 !!! Get Ready for the Bull RUN!! But first...Lucky Number 7 !!!!!! Get Ready for the Bull-RUN!!! But first...
First of all, I want to clarify that all the checkmarks checked off are the predictions we have been making over all these months. Each checkmark is confirmation that the price behavior followed the analysis we conducted.
In this case, the breakout of point #7 was fulfilled, and this is the breakout I had been waiting for around July-August (point #3). But before we proceed, I want to clarify that for me, a valid breakout means the candle and wick are completely outside the resistance line! So, indeed, for me, this is a legitimate breakout.
BUT BEFORE THIS HAPPENS, WE HAVE TO SEE A SUPER IMPORTANT MOVE!!!!!
Within the N3 pattern, whenever there is a breakout, it is always followed by a new high, and then the price makes its natural pullback. We will look for the price to touch the new support level, rebound, and aim for a new high.
This is my N3 pattern, which I always look for after confirming a breakout.
So, let’s wait a few days to allow Bitcoin to rise as much as it needs to, make its natural pullback, and then buckle up because we’re about to see a strong bullish run.
Thanks for supporting my analysis.
Good luck!
-mike
DOGE ANALYSIS🔮 #DOGE Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #DOGE. It's a daily time frame breakout and if the price sustains this breakout then we would see a bullish price movement📈
💸Current Price -- $0.11640
📈Target Price -- $0.17400
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#DOGE #Cryptocurrency #Breakout #DYOR
HDFCAMC Near Breakout ZonesHDFCAMC near to resistance zones and these zones already tested multiple times and can be a weak zone, there is a highly chance that it can breakout.
Note : This is just an analysis wait for the price to confirm.
Disclaimer :
Always follow Risk to Reward, because this is the key to success in this business, no matter how much good a trade is looking, we never know the future.
JIO Financial Services Ltd (JIOFIN) - Bullish Breakout on Daily
1. Bullish Breakout: The stock is attempting a breakout near the level of ₹356.65, indicating potential upward momentum.
2. Immediate Resistance Levels:
Resistance at ₹376.05: The stock needs to surpass this level to confirm further bullish movement.
Resistance at ₹394.25: The next critical resistance level is around ₹400, where the stock may face some selling pressure.
3. RSI Indicator: The RSI stands at 58.52, showing strength but not yet in overbought territory, which signals room for further upward movement.
4. Volume: Current trading volume is 13.663M, indicating decent market participation in the ongoing price action.
How To Spot A BreakOut In 3 StepsThe market is on fire right now,
especially the FOREX market.
Its not yet official but we might be
heading for a recession.
As i was about to type this article
i kept thinking ,
"how am i going to show you how to spot
a breakout."
Also i took my time
to see the editors pick to look for
a common theme or trend.
Right now gold TVC:GOLD , and
Bitcoin BINANCE:BTCUSDT , And
Sp500 SP:SPX are trending.
If you look at the fundamentals of the
SP500 you will see that we are in a breakout
session of the market.
How To Spot A BreakOut In 3 Steps
#1-Look at the CCI
#2-Notice that the MACD histogram bars are green
#3-The 13 EMA on the CCI has hit the overbought zone.
When you take note of these 3 steps
you will see a break out.
Rocket boost this content to learn more.
Disclaimer:Trading is risky you will lose money whether
you like it or not. Please risk management
and profit taking strategies.
BTC Let's wait for the breakout at 64-65k range. LOOKING GOOD !First of all, I want to be very clear that all the checkmarks are the predictions we have been making over these past few months. Each checkmark is a confirmation that the price moved on our side.
To verify this, you can visit my Trading View page and check my analysis history, which I’ve shared with you every weekend.
Now, let's get into the Bitcoin analysis:
If we look at the overall structure of BTC, it is simply a descending range, but if we zoom in, the inefficiency zone has always been an important trigger for Bitcoin's structure, even when bearish. What I mean is that every time it touches the inefficiency zone, Bitcoin surges upward strongly. If you look closely, the largest bullish candles appear in the inefficiency zone. It is also where a head-and-shoulders pattern was formed, but when it touched a demand zone, the price shot up like foam, just as we had predicted.
It’s simple... If we can see the overall structure, we have a very important 'KEY ENTRY POINT' (KEP) on the bottom left side to consider, and that same 'KEP' is the area Bitcoin has been respecting frequently.
So, we can conclude in this analysis that, as Bitcoin has respected the entire bearish sequence of our trend channel 1, 2, 3, and 4, point #5 was key for retesting our 'KEP' at position #6 and then surging strongly to the inefficiency zone, resulting in a small natural pullback to accelerate the price and almost hit our resistance point #7.
But what will happen now?
NOTE: If there’s no breakout, there’s no party!
I’ll present you with two scenarios (Bearish and Bullish) that Bitcoin may follow this week:
Bearish Scenario: If there is no breakout, there’s no party! The price will simply validate our point #7, reject it, and continue the bearish sequence of the channel. We can distinguish this based on the volume and the strength of the candle (keep a close eye on that).
Bullish Scenario: The price is about to validate point #7. If starting on Monday, we begin to see strong bullish volumes in Bitcoin, you can be certain that Bitcoin will break the channel. Consequently, we could see a new high after the breakout, followed by a pullback that returns to what was the channel's resistance (now support), and from there, a structural breakout or a new high.
I call this pattern N3.
The simple fact that the price breaks out and the full candle is outside of my channel, I consider it a genuine breakout.
So let’s hope it happens this week.
Regards, and thanks for supporting my analysis!"