SAND ANALYSIS (breakout trading)🔮 #SAND Analysis - Breakout 🚀🚀
💲💲 In daily timeframe, falling wedge breakout is rone✅
Ready for a breakout in #SAND but right now we can see that #SAND is trading in its crucial resistance zone and if #SAND breaks the resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $0.2929
📈Target Price -- $0.4700
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#SAND #Cryptocurrency #Breakout #DYOR
Crucialresistance
RUNE ANALYSIS🔮 #RUNE Analysis - Breakout 🚀🚀
💲💲 In 12hr Timeframe,Falling Wedge Breakout is Done✅
But right now we can see that #RUNE is trading around its crucial resistance zone and if #RUNE breaks this resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $4.826
📈Target Price -- $21.270
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#RUNE #Cryptocurrency #Breakout #DYOR
ADA ANALYSIS🔮 #ADA Analysis - Breakout 🚀🚀
💲💲 In daily Timeframe,Falling Wedge Breakout is Done✅
But right now we can see that #ADA is trading around its crucial resistance zone and if #ADA breaks this resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $0.4393
📈Target Price -- $0.7489
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#ADA #Cryptocurrency #Breakout #DYOR
Mana at strong long-term resistanceMana pumped last week 45% finding resistance at $1.08.
It seems quite difficult for Mana to succeed a valid breakout on this level, plus the next crucial resistance is 65% above the current price.
A fakeout is likely though and an excellent opportunity for shorts too.
The most possible scenario is a return to $0.75 and then down to $0.60.
Bitcoin $9800 achieved. What's next?Hello traders!
I'm happy to announce that our $9200 & $9800 targets has been reached with confidence !
We printed new low, I did not expect that to happen tbh. Although final targets reached with confidence.
**If you open trades with me, open them with very small leverage in order to be safe. This type of volatility in the market can easily take you out.**
We have parallel channel of this huge weekly/monthly wave up . mid-point of this channel is $6500 , it's where momentum should start slowing down and price action - flatten out.
As you can see, 0.5fib (gap between channel's upper line and mid point) acted as very strong resistance.
Huge demand will be there to buy any wick below that crucial mid point of the channel.
Zone of interest to open longs is at 6350-6050. I would consider these regions as a long term investment points.
Attaching macro view as well so that you have better perspective :) I called for mid 6k after we reached 13k.
AMD blue sky breakout or rejection of crucial resistance zone!?AMD has had an awesome run but is currently testing levels that have so far been crucial in beating down price... What price will do next nobody knows but knowing AMD it will probably be interesting!
Looking at the weekly chart shows very clearly the two peaks at the higher level and the multiple times price was rejected off the level below that. Going short could be a tactic here IMHO but would most definitely wait for confirmation or preset all entry parameters to fit such an event to mitigate risk. Going long is of course also an option (after confirmation) but only one can be right ;) I must admit a short bias on this particular chart due to the history of this price level!