Get started

Breakoutsignal

DOT/USDT breakout likelyIt is highly likely that DOT will breakout (bullish trend) at around 10.97; the last of the downtrend seen on 20th July, 2021. By then, the RSI will also be quite low and this underbought trend will cause more fear. As we all know that DOT is fundamentally a very strong cryptocurrency, so seasoned investors are waiting for the amateur/impulsive investors to weed out of the market. Once the uptrend begins, it will at least reach $50 and may even break ATH. But again RSI should be kept in mind. If it is overbought, we have to trade carefully and apply stop-loss at last resistance levels. Now, my theory stems from analyzing my past mistakes. I always felt that the crypto market\Bogdanoff twins were out to get me; when i buy, it crashes and when I sell, the prices soar high(LOL). But the fact was that I was merely a poor/impulsive analyst and in the cape of psychological manipulation. In crypto, when there is greed, show fear and when there is fear, be greedy. DISCLAIMER: THIS IS NOT ANY FINANCIAL ADVICE. THIS IS JUST MY OPINION. PLEASE DYOR BEFORE ENTERING ANY TRADE.
by Tungsten47
1
SAND/USDT : Huge sell signal is about to trigger !BINANCE:SANDUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $SAND has formed a Flat bottom triangle and now it has reached the bottom's support zone. The formed demand here has held the pair four times and now it's the fifth attempt of break. Based on five break-out attempts; There's a high chance for bears to take the lead below the local demand. - Also two bullish trendlines are located right below the current rate of market price: Based on the chart above, If we get the closings below the demand zone, Then it's more likely for bulls to lose their bullish trendlines neither... This can become a great opportunity to locate our Short on a proper retest of the broken demand zone or the broken trend zone/line! This idea comes with a clear Short Setup : Trading setup : 🔻 Entry Pointes : $2.562 ( On Retest after daily closings below ) 📍Targets : $2.25 - $2.00 - $1.75 - $1.44 🟥 Overall stop-loss : $2.9 ( Daily closing above ) Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
46
BTCUSDT Pullback before the 1.13 Fibonacci Ext?The price is testing the 0.5 Fibonacci level on the 4h resistance after a nice bounce from the dynamic support of the broadening pattern. The broadening pattern it's a reversal pattern, but the market needs to have a breakout from the weekly resistance on 43k to change its bias. How to approach? The scenario is still bearish, we could see a new breakout from the daily support on 39k, and retest the 4h support as new resistance, the target could be the 1.13 Fibonacci EXT
Short
by InkyGrip
20
ROSEUSDT needs to hold the support The price is creating a descending channel after the rejection from the daily resistance. As you can see the price got a rejection from the supply zone and how it's testing the 4h support on 0.21$ How to approach? IF the price is going to lose the 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 🦐
Short
by InkyGrip
6
XMR/USDT : Breaking below the channel !BINANCE:XMRUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $XMR has formed an ascending channel and now it's breaking below the formed channel. Based on the current volatility of the market; We might have more false break-out or rejections! So in that term, I just marked an S/R line on $245, Which is going to give us the Short trigger after a close below and we can have our Short on the proper retest of mentioned line. I would adjust a secondary for those who trying to have passive trades : Trading setup : 🔻 Entry Pointes : $250 - $255 - $260 📍Targets : $241 - $233 - $217 - $206 - $190 🟥 Overall stop-loss : $285 Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
XShort
by Helical_Trades
12
EGLDUSDT ready to explode? 💣The price created a triple bottom on the daily support on 159% as you can see on the upper chart. On the 4h timeframe the price bounced exactly on the 0.886 Fibonacci level and dynamic support. The price got liquidity and had a breakout from the descending Channel. Now the price is testing the weekly resistance as new support How to approach? The price needs to have a breakout form the 170$ with Volumes and Momentum, 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
8
Minutes after this morning's video Jasmy pumped. Now the TargetsTraders, Minutes after I release my video update this morning Jasmy pumped. Currently, it is up over 17%. So now, we need to start thinking about where we should sell. I see several good fairly conservative targets in site: 1. The 50 day ma at .0252 2. A level of resistance at .031 3. The 100 day ma at .034 Could it go higher? Sure. Of course. But at this point, higher targets on this trade are much less likely and therefore, I will probably be almost completely out at the 100 day ma on this trade and close out. I will look for a new opportunity/setup thereafter. Best to you all! -Stewdam.us
COINBASE:JASMYUSDLong
by stewdamus
1
SANDUSDT is testing the weekly supportthe price is testing a key level on 2.73 on the weekly support where the price got several bounces. On the 4h timeframe the price is creating a descending channel below the 4h resistance on 2.75$ How to approach? The price needs to have a clear breakout from the descending channel and retest the 4h resistance as new support and confirm the weekly support. IF the price is going to have a breakout, 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
DYDXUSDT is testing the daily resistance!The price had a breakout from the descending channel, and now the price is testing the daily resistance on 5$. How to approach? the price needs to have a new breakout from the daily and 4h resistance and confirm our strategies, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
10
Inverted Head And Shoulders also on #ALLso yesterday i posted a few ideas of some very clear inverted head and shoulder patterns that are present in the airline companies see also #UAL #LUV both are clearly set up and showing massive opportunities to the top side the biggest being UAL with the measure of a possible 19% upside brining it into the mid 60's price range with in the next. Heading into earnings this we be another play that I will be watching for that possible breakout to the upside!!!
NASDAQ:AALLong
by Stock_Hustle21
THETAUSDT is testing the 4h supportThe price got the rejection from 4.3$ 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