Looks like KCASH will give breakoutHello Traders,
As you can see in Daily time frame, Kcash ( KCASH ) is in consolidation. KCASHUSDT chart pattern in daily timeframe looks similar to SWRVUSDT. Recently Swerve (SWRV) gave big breakout so there is possibilty that KCASH may also give big breakout.
Don't forget to manage your risk because chart patterns don't playout always.
Leave your opinion in comment section. Follow us for related analysis.
Breakoutsignal
ATOMUSDT is testing the 4h resistancethe price is testing the 4h resistance on the 0.5 Fibonacci level after a bearish impulse from the monthly support at 8.84$
How to approach it?
The price needs to create a breakout from it and retest the current resistance as new support, 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 🦐
10,000 dollar portfolio challenge! When will I enter more tradesTraders,
Here's what I need to see before I start to dive into these crypto trading waters.
-Stew
$TGT - Tightening WedgeOur wedge on the four hour chart continues to get tighter.
Can play a break of this in either direction.
Upside will likely be confirmed with a break of 144, while downside is confirmed under 137.
DOTUSDT is testing the 4h supportThe price is testing the 4h support after a rejection from the daily static resistance and the dynamic 4h resistance.
The market created a double bottom on monthly support where it found new liquidity for the new bullish impulse.
How to approach it?
IF the price is going to have a clear breakout from the 4h resistance and daily resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
ADAUSDT is testing the supportthe price followed my previous idea and we made more than 39%.
Now the market is creating an ascending channel above the daily support.
how to approach it?
The price needs to have a breakout from the daily support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
XLMUSDT needs more liquidityThe price had a nice breakout from the static resistance on 0.14$ and got a rejection from 0.155$
now the price is testing the 0.618 Fibonacci level as new support.
How to approach it?
We could see a new bearish impulse until the 0.886 Fibonacci level where the market could get new liquidity for a bullish impulse, 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.
–––––
Follow the Shrimp 🦐
DOTUSDT is creating a falling wedgeAfter an amazing profit, the price is testing the monthly support on 6.7$
on the 4h timeframe the market creates the falling wedge below the 4h resistance.
How to approach it?
IF the price is going to have a breakout from the falling wedge and daily resistance on 8$, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
KDAUSDT is testing an important support right nowThe price is testing the daily support on 1.4$. As you can see on the left the price got the liquidity for a new bullish impulse from here.
How to approach it?
IF the price is going to have a breakout from 4h resistance 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 🦐
#Nio long trade idea based on VP analysisNio was a bullish stock until the China fears took over the market. It still commands a good brand recall in China and should recover its price crash as China unlocks
The chart also suggest a squeeze breakout and volume study gives us probable targets for the immediate short term . welcome comments and dissenting views
BTCUSDT wants the breakout?The price bounced on the monthly support on 29300$, it's a key level for Bitcoin.
Now the price is testing an important resistance on 4h timeframe on the 0.382 Fibonacci level.
How to approach?
IF the price is going to retest it as new support, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
AXSUSDT ready for the breakout?The price tested the 1.272 Fibonacci Extension on the daily support (16.6$)
In that area the price got liquidity and retested for a new local bullish impulse.
On the 4h timeframe the price tested the 0.886 Fibonacci level below the 4h resistance.
How to approach it?
The price needs to create a new breakout from that area and retest the current resistance 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 🦐
IOSTUSDT needs to have a breakout from itThe price had a breakout from the dynamic resistance below the monthly resistance on 0.02$
How to approach?
the rice needs to create a new bullish impulse above the 0.02$ area and retest the resistance 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 🦐
KCSUSDT had a breakout! 18$ is coming!From my first idea, the price gained 37%.
now the market is testing the 4h resistance after a breakout from the descending channel, and as I told you in my previous analysis, the price wants to retest the 18$, it's a key level.
How to approach it?
The price needs to create a clear breakout from the 17$ resistance, 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 🦐
Break our strategy for intraday Best intraday break out out strategy for all segments stocks, derivatives, commodities, currency,any segment you can trade with this strategy
BTCUSDT is creating a channelThe price is testing the monthly support on 29k after the breakdown from the daily support on 31800$.
On the 4h timeframe, the price is creating a channel above the monthly support.
How to approach it?
IF the price is going to have a breakout from the monthly support and grab new liquidity from the demand zone, we can add in our watchlist for a new long position according to Plancton's rules
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
ZILUSDT | Downtrend Elliott Channel Breakout or Fakeout?Price action and chart pattern trading
> Downtrend Elliott Channel breakout and developing into an ending diagonal pattern
> Target Wave 4 rising flag at SMA50 zone
> Entry zone at wave B correction
> Stop zone at the lowest wave 3 position
> RRR: 3:1
Indicator:
> RSI bullish crossover MA line out of OS zone
> CV bullish above SMA20
Always trade with affordable risk and respect your stoploss
APEUSDT is trying to have a breakoutThe price is testing the daily resistance on 9.50 after a big bearish impulse, and the market is creating higher low below the daily resistance.
How to approach it?
The price needs to create a bullish impulse and breakout.
IF the price is going to flip it, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
ENJUSDT wants another breakout?After the previous idea where we made more than 24%, the price had a breakout from the weekly support on 1.17$.
at the moment the price is in the consolidation phase below the resistance and wants to retest the lower trendline of the falling wedge.
How to approach?
The price could create a new bear flag between the previous support now new resistance and the dynamic resistance, so, if the price is going to have a breakout from that structure, 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.
–––––
Follow the Shrimp 🦐
GBPJPY FIRST TARGET HITLast week GBPJPY experienced sideways movement before dropping to my initial target.
This week, a break of the neckline will ease the way to 157.7 and 154.8.
Waiting for the price to gather bearish momentum and resume the drop.
FTMUSDT is getting liquidity from the demand zoneThe price is testing the demand zone on 0.61$ after a double top formation and double top. On the daily timeframe the price is creating the falling wedge as well.
How to approach?
The price could grab the new liquidity from 0.5$ and create a new breakout from the 0.7$, so If the price is going to satisfy our rules, 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 🦐
ETCUSDT is testing the monthly supportThe price is testing the 0.618 Fibonacci level on the monthly support on the daily timeframe. on 4h Timeframe the price is creating a descending channel.
How to approach?
If the price is going to lose the support on 36.50 and retest the support as new resistance, 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 🦐
