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Channelbreak

Interesting two parallel channelHello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! KCSUSDT : A big channel and a smaller parallel channel can be seen. The price reached the upper line of the bigger channel and then reacted to the line and reversed. At the same time, we see the price braked the small parallel channel and this is a trigger for a bearish wave to the lower line of the bigger channel. Now, a pullback is seen to the smaller channel and it is a good opportunity to go short. The target is the lower line of the bigger channel.
Short
by niktraders
2
Every upside movement will be a chance to sellHello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! the price breaks a valid channel that lasts for two years. Now, this valid channel is broken, this means a beginning of bearish waves that may last for multiple months. So, a bearish outlook for stock market is expected, and every upside movement will be a chance to sell.
SP:SPXShort
by niktraders
AUDJPY: channel breakoutHello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! AUDJPY : the price braked a neat parallel channel and I expect further bearish movement. please note how the price moved in the ascending channel that shows weakness of buyers. Our first target is shown on the chart (support zone). please remember any analysis can be failed. so, manage your risk and respect your stop loss.
Short
by niktraders
FILUSDT is creating a descending channelthe price is testing an important support zone on the weekly support. After a daily breakdown, the price retested the previous support as new resistance and now the price is creating a descending channel on the weekly support and below the daily resistance. The market starts with a higher high and higher low below the major daily resistance. How we can approach it? We need to wait and see a clear breakout of daily resistance and descending channel, retest the previous resistance as new support. Only in that case we could apply the Plancton's rules to open a new long position. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Long
by InkyGrip
20
JSLHISAR - Breakout from channel pattern🔴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
JLong
by PrakWorld_Traders
Bitcoin channel breakoutHello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! BTC moved in the ascending channel. the price pattern looked like an ending channel and I waited for downside breakout. Also we see a divergence between the price and MACD. that is another proof for expected downside movement. the price of Bitcoin breaks the parallel channel and I think it is a good opportunity to short BTC. I want to support the idea with USDT.D analysis. USDT dominance shows us investors inclination to change their coins to USDT, and vice versa. As you can see, USDT dominance breaks the descending channel upside and I expect for further rise. this means people change their coins to USDT.
Short
by niktraders
5
USDT dominance channel breakoutHello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! Please first read my previous analysis from the below link. USDT.D moved in the descending channel and reached a strong support zone. Also, we see a double divergence between the price and MACD. now, the price breaks the channel and moves upside. I think it is a good opportunity to long USDT.D.
CRYPTOCAP:USDT.DLong
by niktraders
DYDX has done a nice breakout, Next target is 10$!DYDX Short term Update DYDX is a high potential coin in crypto environment as you know, This coin rejected perfectly from 7.211$ zone. A breakout of descending trend line and static support zone was a good sign for end of this long correction. This coin is out of its descending channel now, And this is perfect. Some range movements above current support area(Blue area) is expected and then the first TP for this coin can be 10$.
Long
by TahaZargar
3