Dogecoin - The Final Break And Retest!Dogecoin ( CRYPTO:DOGEUSD ) is confirming the final retest:
Click chart above to see the detailed analysis👆🏻
After we saw the textbook retest of the previous all time high about three months ago on Dogecoin, so far we also saw the expected correction of about -50%. However Dogecoin is about to confirm the bullish break and retest, which eventually leads to a parabolic rally and new highs.
Levels to watch: $0.2, $0.5, $5.0
Keep your long term vision,
Philip (BasicTrading)
Breakouttrading
EUR/USD Ends Bullish Streak, Entering Short-Term DowntrendEUR/USD has ended its upward momentum and is now adjusting to a short-term bearish trend. The pair is currently trading within a descending channel, moving around 1.0460, with sellers holding an advantage as indicated by EMA 34 and 89 signals.
My strategy will be to focus on key channel boundaries to determine appropriate buy or sell opportunities. If the channel breaks, we will wait for a breakout retest before entering new trades.
💬 What are your thoughts on EUR/USD? Are you expecting further downside?
$NYSE:BBAI 72% Upside - Breaking double bottom resistanceLooks like NYSE:BBAI is finally breaching the double bottom resistance line.
Volume is respectable, relatively higher.
Squeeze is starting to expand
MACD and Williams %R are also flowing in the right direction.
Entry point - anything after the stock closes above $4.81
Initial Price target is ~$8
72% Upside
$NASDAQ:APPS Breaking Out on Massive Volume 73%++ upsideNASDAQ:APPS is breaking out, having closed above the double bottom pattern resistance (at $4.64).
Entry: Any point now. If you want to get it at a more affordable price point, this may retest $4.64.
Price Targets:
$8.06 to complete the Double Bottom pattern 73% upside
$9.91 to complete the Falling Wedge pattern 113% upside
#GNOUSDT remains weak after a strong drop📉 SHORT BYBIT:GNOUSDT.P from $181.40
🛡 Stop Loss: $186.50
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:GNOUSDT.P experienced a sharp rally above $210, followed by an equally strong pullback.
➡️ The POC (Point of Control) at $187.27 indicates the highest liquidity area, which serves as a strong resistance level.
➡️ Price is consolidating below $183.12, signaling potential seller dominance.
➡️ If $178.55 breaks downward, further decline toward $175.30 is expected.
⚡ Plan:
➡️ Enter short upon a confirmed break below $181.50.
➡️ Stop-Loss placed at $186.50, above the resistance zone.
🎯 TP Targets:
💎 Take Profit1- 178.55
🔥 Take Profit2- 175.30
🚀 BYBIT:GNOUSDT.P remains weak after a strong drop—expect further downside.
Gold - A Bullish Close Would Be Insane!Gold ( TVC:GOLD ) has to close bullish now:
Click chart above to see the detailed analysis👆🏻
Just since the end of 2022, Gold rallied about +80% which is simply unbelievable looking at the already significant market cap of the precious metal. However this bullrun does not seem to be over and if Gold confirmes the trendline breakout, another rally of +40% will follow soon.
Levels to watch: $4.000
Keep your long term vision,
Philip (BasicTrading)
Bitcoin - This Cycle Is Pretty Clear!Bitcoin ( CRYPTO:BTCUSD ) is still 100% bullish:
Click chart above to see the detailed analysis👆🏻
It is actually quite a surprise that we did not see new all time highs on Bitcoin for the past two months. However we had the same thing happening back in 2017 before Bitcoin actually finished the cycle with a parabolic blow off top. So we all know what is very likely to happen next.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Tesla - The Failed All Time High Breakout!Tesla ( NASDAQ:TSLA ) will reject the all time high first:
Click chart above to see the detailed analysis👆🏻
Tesla was actually not able to create a sustainable all time high breakout and if a stock doesn't move up, it will come down. However Tesla still remains absolutely bullish and is now starting to create a textbook break and retest which will eventually still lead to new all time highs.
Levels to watch: $400, $280
Keep your long term vision,
Philip (BasicTrading)
USDCHF Bearish Breakdown on 4H Chart: Double Top FormationUSDCHF has confirmed a Double Top pattern, followed by a trendline breakout, signaling potential downside momentum. The rejection from the resistance zone led to a breakdown, aligning with Fibonacci extension targets. The first bearish target (Level 1) is set at 0.89215, with a further drop toward (Level 2) at 0.88661 if selling pressure continues.
Bullish Outlook on 4H Chart: Key Fibonacci Levels in Focus
AUDCAD appears bullish on the 4-hour chart, with the first resistance level (Level 1) at 0.90550. A breakout above this level could drive the pair toward the next key resistance (Level 2) at 0.91257, aligning with Fibonacci retracement levels.
$NASDAQ:AISP breaking resistance for a 35%++ upsideNASDAQ:AISP broke it's double bottom pattern resistance with some upside potential.
Entry Point: At the current price OR (as I suspect there will be a retest of the $6 resistance) somewhere around $6
Price Target: $8.14 - 35% from the $6 resistance.
Nasdaq - Starting The Final Parabolic Year!Nasdaq ( TVC:NDQ ) is perfectly following the breakout:
Click chart above to see the detailed analysis👆🏻
Back in 2020 we already witnessed the channel break and retest, which was followed by a parabolic rally of another +50%. And in mid 2024, the Nasdaq again broke the channel trendline towards the upside, preparing the repetition of the parabolic rally which we saw four years ago.
Levels to watch: $30.000
Keep your long term vision,
Philip (BasicTrading)
SBICARD – Descending Triangle Breakout 920 to 1100+ TargetSBICARD has been trading within a descending triangle pattern for an extended period, with lower highs and a strong horizontal support. This pattern is typically bearish but can lead to bullish breakouts when resistance is breached, as seen in this case.
Breakout Confirmation & Key Levels
Resistance Breakout:
The stock has successfully broken above the descending trendline resistance, indicating a potential trend reversal.
Buying Zone:
Above ₹800 – A sustained move above this level confirms the breakout.
Stop-Loss Level:
Below ₹750 – Any close below this level could invalidate the bullish setup.
Target Levels:
Initial Target: ₹920+
Projected Target: ₹1100+ (based on pattern height projection)
$NASDAQ:RGTI Pennant Pattern with 72% upsideNASDAQ:RGTI I'm revising an earlier post to clarify that this is actually a Pennant pattern that has formed for RGTI.
Entry Point:
Conservative - wait until the stock closes above $13.98, which should indicate a breakout.
Riskier - Anything above $12.03
Price Target:
The upside is 72% - $24.00
BTC / USDT : Breaking out from Trendline resistance BTC/USDT: Breaking Out from Trendline Resistance – Is the Next Bullish Rally Here?
Bitcoin (BTC/USDT) is making a strong move 📈 as it successfully breaks above a key trendline resistance zone 📊. After a period of consolidation, BTC is now showing signs of strength, potentially setting the stage for a major bullish rally 💥. If the breakout holds, we could witness a strong upside move in the coming days 🚀. Keep an eye on this breakout and wait for confirmation before making any decisions.
Key Insights:
1️⃣ Trendline Breakout: Bitcoin has finally cleared a critical trendline that has acted as strong resistance in previous attempts. Holding above this level could trigger significant bullish momentum.
2️⃣ Volume Confirmation: A surge in trading volume alongside the breakout will be a key confirmation of strong buying interest 🔥.
3️⃣ Bullish Momentum: Indicators like RSI and MACD are turning positive ⚡, signaling increasing bullish strength.
How to Confirm the Breakout:
✔ Candle Close: Look for a clear 4H or daily candle closing above the trendline 📍.
✔ Volume Surge: A noticeable increase in volume adds confidence to the breakout 📊.
✔ Retest as Support: If BTC successfully retests the broken resistance as a new support zone, it strengthens the breakout ✅.
✔ Beware of Fakeouts: Sharp reversals or long wicks above the trendline could indicate a false breakout ⚠️.
Risk Management Strategies:
🔒 Set stop-loss orders to manage downside risk.
🎯 Adjust position sizing to fit your overall trading strategy.
This analysis is for educational purposes only and not financial advice. Always do your own research (DYOR) before making investment decisions 🔍.
#ATOMUSDT further bullish movement📈 LONG BYBIT:ATOMUSDT.P from $4.842
🛡 Stop Loss: $4.800
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:ATOMUSDT.P is bouncing off key support at $4.800, confirming buying interest.
➡️ The price has broken through $4.842, which could trigger further bullish momentum.
➡️ POC is positioned lower, suggesting strong volume accumulation below, reinforcing the bullish trend.
➡️ Primary upside target: $4.905, followed by $4.960 if momentum continues.
⚡ Plan:
➡️ Enter LONG from $4.842 if price holds above this level.
➡️ Manage risk with Stop-Loss at $4.800 to protect against sudden reversals.
➡️ Main upside targets:
🎯 TP Targets:
💎 TP1: $4.905 — first resistance, potential profit-taking level.
🔥 TP2: $4.960 — next strong level for possible exit.
📢 If the price holds above $4.842, further upside toward $4.905 and $4.960 is likely.
📢 However, if it drops below $4.800, the bullish setup may be invalidated.
🚀 BYBIT:ATOMUSDT.P Expecting further bullish movement!