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Consolidation-breakout

Burford Capital In ConsolidationLast post: June 6th. See chart . Review: Price was testing the support level. Update: Price has since come down to test the support level which includes the 50 simple moving average, and is consolidating between the support and resistance level. Conclusion: Applying patience and waiting for price to break through resistance before considering long trades again. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading
LSE:BURLong
by Sublime_Trading
JD Sports Overcoming HurdlesThis stock is featuring for the first time on our TradingView blogs. Current setup: Price is still in consolidation but has broken a strong resistance level and is now approaching the next area of resistance. Conclusion: At the moment we have to stand aside. A break of the next resistance level will confirm a continuation of the previous bull trend and at that point we can look for long opportunities. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading
LSE:JD.
by Sublime_Trading
Dechra Pharmaceuticals Looks Set To Breakout SoonLast post: Feb 28th. See chart . Review: Price had broken a resistance level with a strong move to the upside. Update: Price continued to trend higher but is now in a period of consolidation. Conclusion: We will be waiting for a breakout of the resistance of the consolidation zone before considering a trade. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading
DLong
by Sublime_Trading
BlockNet vs Bitcoin on its way to riseBlockNet found the bottom at btc 0.0015 after which it broke above the 50 Moving Average. BLOCK/BTC could be getting ready to establish an uptrend and double its' value against the Bitcoin. But currently it facing a resistance at btc 0.00234, that has been rejected multiple times. Daily close above that level should confirm price bullish intentions and should result in a wave up. There are several resistance levels to watch. First strong and potentially key resistance is based at 38.2% Fibs, that is btc 0.00353. Break above that level could send the price up to the target area at 61.8% Fibs, that is btc 0.005. While the btc 0.0023 resistance is holding a consolidation could take place and even result in a decline towards btc 0.00155 support.
Long
by CryptoPAMM
1
Bitcoin consolidation in to reversal to 9-10kYesterday bitcoin saw a bounce to around 7.5k however today it has come down to about 7.3k at the moment however I expect it to go back down around 7.1k and then fill out the triangle I have drawn. There's evidence for this to be a triangle based off the top, however not really the bottom so this is a little bit of a guess, I'm just looking for a nice entry instead of waiting for the triangle to fill because I fully expect a reversal. I believe 7.1k will hit and be a great entry for a trade over the next month.
BITMEX:BTCUSD.PLong
by MarginChef2
Ethereum looking bullish our of consolidationBeen following ethereum a lot these past few days as it broke out of a triangle but was unable to break the previous point of resistance and has been consolidating since. The bollinger bands are starting to get tight on the 4h, 12h, and 1d chart so within the next week or so I'm looking for a push to around .091 as the initial target and even possibly .095 as a more aggressive target. I might open a long soon with my stop placed shortly above the current consolidation that is visible on the 1h, but am looking to build most of my long with a break of .087.
ELong
by MarginChef2