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Breakoutsignal

Inverted Head And Shoulders also on #ALLso yesterday i posted a few ideas of some very clear inverted head and shoulder patterns that are present in the airline companies see also #UAL #LUV both are clearly set up and showing massive opportunities to the top side the biggest being UAL with the measure of a possible 19% upside brining it into the mid 60's price range with in the next. Heading into earnings this we be another play that I will be watching for that possible breakout to the upside!!!
NASDAQ:AALLong
by Stock_Hustle21
THETAUSDT is testing the 4h supportThe price got the rejection from 4.3$ where the market has a daily resistance. on the 4h Timeframe the price lost the 4h dynamic support and not it's testing the static support on 3.2$ How to approach? IF the price is going to lose the daily support of 3.1$ we could see a new bearish impulse 2.8$, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
5
VLXUSDT is testing the 0.618 Fibonacci levelAfter the previous call, the price made more than 14%. The price is testing the daily resistance at 0.24$. on the 4h timeframe, the price is testing the 0.618 Fibonacci level as new support. How to approach? IF the price is going to have a breakout from the daily resistance, we could see another bullish impulse until the next resistance on 0.26$ 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 🦐
VLong
by InkyGrip
10
BTC-WATCH THE CLOUDS-D1 and W1 !WEEKLY (W1) Last week price action triggered a LONG BLACK CANDLE (BEARISH SIGNAL) which managed to close above the Tenkan-Sen @ 41'279. The ongoing candle, firstly broke, yesterday, the TENKAN-SEN and went lower towards the bottom of the weekly clouds which act, for the time being as support.. In order, in this weekly time frame to neutralise the selling pressure, the BTC needs, at least to recover above the former support (Tenkan-Sen) @ 41'279; this would be the first step of a potential recovery. A failure to do it on a weekly closing basis, would keep the focus on the bottom of the weekly clouds (@ 39'895) ahead of the next significant support @ 36'425 (former primary support trend line and monthly KIJUN-SEN. DAILY (D1) The cross-under 41'279, as expected and mentioned in my last analysis (see related ideas) triggered a downside acceleration in breaking in its way the psychological 40'000 support level in making an intraday low @ 39'218. A natural pullback took place, attempting to recover above the former support (daily thin clouds), currently 39'900 and 40'100 RSI @ 37.70 LAGGING LINE attempting to stay above both KS and TS. 2 SCENARIOS COULD BE SEEN FROM NOW : 1) BULLISH A successful breakout and a daily closing at least above 40'000 would neutralise "temporary" the ongoing downside risk calling for lower level; nevertheless, such kind of price action should be confirmed by an upside move continuation at least above the middle (40'841) of the yesterday's long black candle (bearish), which if seen, would trigger a PIERCING LINE , (1st bullish signal), A much bullish signal would be given by a daily closing above both the Kijun-Sen @ 41'279 and above the yesterday's opening level @ 42'159, which if achieved would trigger a BULLISH ENGULFING . a pattern which should be seen more powerful than the Piercing line previously mentioned. 2) BEARISH If the ongoing pullback attempt fails and do not achieve to recover above the levels above mentioned in the bullish scenario, then the focus will switch firstly towards the secondary support trend line (minor support) around 39'000 ahead of the more important support of 36'425 being firstly the monthly KIJUN-SEN and secondly the primary support trend line. CONCLUSION : Once again the CLOUDS and LAGGING LINE will give the answer !!! 4 HOURS (H4) Currently far below the clouds and also below TS, KS and MBB In this 4 hours time frame, it looks like any recovery should be seen as a corrective move only in an established ongoing downtrend and any rally should be considered as a better selling opportunity. It is not a surprise to see that the H4 TENKAN-SEN @ 41'334, coincides roughly with the Daily TS @ 41'279 previously mentioned as an importance new resistance to break in order to neutralise the ongoing downside move; therefore, this resistance area corroborate the daily view and as long as the BTC does not achieve to recover and hold at least above 41'279, the picture will remains bearish. 1 HOUR (H1) Currently above TS and facing the Mid Bollinger Band resistance @ 40'251 ahead of KS @ 40'793 No RSI bullish divergences detected yet in this H1 time frame which mean, for the time being corrective move and not trend reversal yet !!!! Last but not least the hourly clouds resistance are @ 42'613 (twist). IRONMAN8848 - Jean-Pierre Burki
BITSTAMP:BTCUSD
by Ironman8848
3
XRPUSDT lost the 4h support The price had a breakout rom the ascending channel after a rejection from the monthly resistance on 0.918$ On the 4h timeframe, the price had a breakout from the bear flag and now the price lost the 4h support on 0.75$ How to approach? IF the price is going to lose the next 4h support and satisfy our rules we can open a new short position. The next valid support is the daily one, on 0,69$ 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
6
ENSUSDT is in consolidation phaseThe market created a double bottom on the 12.30$ on the daily timeframe. After each breakout, the price retested the previous resistance as new support. on the 4h timeframe, the price is in the consolidation phase below the 20.5$ How to approach? IF the price is going to have a clear breakout from 21$ and retest as new support, 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
ETHUSDT is testing the 4h resistanceAccording to my previous analysis () the price followed my arrow and now the price is testing the 3520$ resistance. On the daily timeframe the price had a breakout from the daily resistance on 3410 and retest it as new support. How to approach? The price could retest the resistance at 3680$, so the market needs to get new momentum and liquidity with a new breakout from 3530$. the next valid resistance is on 3590. 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
31
HBARUSDT is testing the daily resistanceThe price got a rejection from the monthly resistance on 0.26$ On the 4h timeframe the price is creating a bullflag on the 0.5 Fibonacci level and the market is trying to have a breakout from the M's neckline and daily resistance on 0.25$ how to approach? IF the price is going to have a breakout from the resisntace and retest it as new support, 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 🦐
by InkyGrip
12
BTCUSDT is testing the supportThe price got a rejection from the daily resistance on 48100 as you can see on the daily timeframe. On the 4h timeframe, the price is following the arrow that I drew in the previous analysis. The price needs to hold the support on 44k and 0.382 Fibonacci level. How to approach? IF the price is going to lose the support we could see a retest of 0.5-0.618 Fibonacci level on 42k. Otherwise, if the price is going to get new liquidity from the previous resistance now new support, we could see a new bullish impulse. The market needs to create a new breakout from the 48200 –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
by InkyGrip
37