BTC PRICE GO UP or DOWN ?beware and careful of your trades. Market is very volatile and might grab you and liquidate you and yo ass. Kidding aside, always use stop loss.
careful and be confident. always use stop loss no matter what and how confident are you.
Price of Interest at support trend, around 38 to 37k. Careful trading at that level of supp might break up or down. Market is very sketchy right now but still good.
but for me, im chillin and waiting to btc calm down and just observing and week/A day TF for me sellers are owning grabbing all liquidities.
btc might touch the imbalace D TF at 30 to 29k thats where the final support and itll bounce and make a new ATH.
remember big fish are not small fish. smile :P
quotes my as$
-MercilessDolphin
not financial advisor but a financialy need money
Breakoutzone
SOBHA - Clear swing trade entry🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Tomo is looking extremely bullish As you can see tomo is producing yet another cup and handle pattern on the daily candle chart.
Next prices:
1️⃣ 3.360
2️⃣ 3.560
3️⃣ 3.813
4️⃣ 4.200
5️⃣ 4.567
Stop-loss: 2.880
RBL Bank - Bullish Breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
BCHUSDT is testing the 4h resistance 🦐BCHUSDT is testing the 4h resistance inside an ascending channel.
IF the price will have a breakout upward, we could apply our strategies in order to open a new long position, otherwise, if the price will lose the weekly support, We can see a new bearish scenario.
According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
How To Trade Breakouts !!Hello everyone , as we all know the market action discounts everything :) I have created this short video to explain How To Trade Breakouts , everything you need to know about this strategy is here.
First we got to understand what is a breakout but before u start using this strategy take your time and understand the information well .
so what is a breakout : a breakout occurs when the price breaks out and closes above a resistance level or below a support level
A support line can be identified by connecting the points of low and the price bouncing back up , the support line needs 2 point to be formed but I think 3 gives a stronger signal and its safer.
the resistance line is the same as the support line but it connects the highs instead of the lows and they act as the ceiling on which the market bounce down after hitting it.
Both the Support & Resistance lines can be horizontal or angled .
so when we combine the support and resistance together we get a trading range which keeps the market price in a certain range until the price makes a break either above or below.
trading ranges are formed form the supply and demand and the market phycology so when the price breaks out of the range it signals a change in the supply and demand and the beginning of an upward or a downward trend
so lets talk about the concept of a breakout
For a breakout to happened you one need a support or a resistance line u don’t need both , but having both will create a trading range which will help you take advantage for breakouts in both directions up or down .
There are several ways to trade breakouts :
1.At the actual breakout (this could be very risky in case it was a Fake breakout)
2.Using a pending order at a higher price then the market range
3.Waiting for the conformation on the breakout.
Now lets talk about fake breakouts , it happens when the price breaks past the support or resistance level and moves back into the trading range as you see here :
waiting for a confirmation is really important as u minimize the risk you are talking , this way u will lose some of the momentum of the trend but u will insure that’s the trend is going the way you want it to go.
Make sure to Follow and Like for more content
If you have any questions please ask
Thank you for reading & watching .
BTCUSDT could retest 40k 🦐The price created a nice double bottom on the weekly support as expected ( CHECK MY IDEA ).
After the breakout from 4h trendline, the price is testing the daily resistance.
IF the price will have a breakout from it, and turn the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.