BELUSDT is testing the weekly resistance 🦐BELUSDT is testing the weekly resistance inside a triangle. IF the price will have a breakout and turn the current resistance into new support, According to Plancton's strategy (check our Academy ), we can set a nice order
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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.
Trianglebreaout
ALGOUSDT could retest 0.75$ 🦐ALGOUSDT could retest 0.75$ on weekly support after the price lost an important daily support and retested it as new resistance. 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.
TFUELUSDT is ready for the new highs! 🦐after our previous idea with nice profits the price is creating a bullish triangle. IF the price will have a breakout and retest the current resistance as 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.
MATICUSDT is forming a triangle 🦐The price created a double top on the daily timeframe. Ant the moment the price is forming a triangle. Matic is under the lent thanks to Polygon and DeFi. IF the price will have a breakout, 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.
Chart of the Week (22/05/21)This week we look at Route Mobile for targets of Rs.1925 as it gets ready to come out of a triangle pattern. The Stop Loss is going to be your your lower line in the triangle. Route Mobile is a CPaaS player and is one of the best in terms of finacial numbers in the industry. A stock analysis for the same was also made on my YouTube Channel. Good company.
DESCENDING TRIANGLE ICP/USDTHello guys, here we have a descending triangle in ICP/USDT 1HR, i saw it late so i couldnt post it and operated it neither, but i post it now for educational purpose, so you can see how a good descending triangle looks like.
If you would have opened this trade at $184.72 and the price hitted take profit at $169.91, you would had win $14.81 per coin buyed.
Leave me a comment below with your opinion about this triangle and ICP.
Take care XOXO.
UNIBTC 0.001 incoming with V3 🦐Very nice breakout from symmetrical triangle and daily resistance, The price looks strong. Waiting for the very nice impulse, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
🌊🌊 ATOM USDT The storm is comingATOM/USDT you can buy now or wait until the triangle pattern broked. The Kijun will cross over Tenkan at there and start the waves, ATOM are flying above Ichimoku clouds is good. Hope it's improve your profits !
Buy the market price < 20$
Stop loss 18$
Take profits 21.9$ 25$ 34$
Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed.
Don't forget click like, it's a hug for me. Thanks you!
TRX/USDT Ascending Triangle Breakout?If daily candle will close above 0.12658 level, TRX breakouts ascending triangle imo. Also stoch RSI is oversold at the moment , it will crossed up. That scenario makes me target to 0.148 at the first stage which is the triangle price target, next I will look for 2 option:
1) It breaks the 0.149 resistance with volume confirmation and closed daily candle above the that price,
2) It pullbacks to the 0.12658 level and bounces back.
Either 1 or 2 will happen, I think new TRX rally will begin.
SL: Trendline can be used as a trailing stop.
Not a financial advice. If you agree or disagree please leave comment. Thanks :)
RETEST OF 2.42 SOON? Obviously this is not financial advice.
We could be set up for a nice move according to the triangle patterns and the Cipher B chart. Good chance of upward movement. Also, today's close above $1.00 will mean that they regain compliance with the NASDAQ. Yada yada yada, setting up ecommerce stores as opposed to brick and mortar. Hashtag, why didn't they have this as a primary target way before? I guess they've never seen Amazon. Spend the money on advertisement and let's get the earnings up!
I got in at an average of $2.57, I'm still holding, but will probably scale out above my entry. I've learned a lot about myself and fundamentals through this trade. And by God have I held on for dear life LOL.
The only people that get hurt on a rollercoaster are the ones that jump off.
PERLUSDT AnalysisCurrently PERL is moving in an uptrend channel and we expect to see the continuation of this movement. More details can be seen on the chart
THYROCARE - Breakout from Triangle Pattern - Swing TradeThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets
The price looks good for target of 1200+ levels if it sustains today's upmove.
Entry can be above today's high. SL = 805-810 range
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
BIIB: Biogen triangle breakoutBIIB has broken out of triangle triangle formation on strong signals from super guppy and MACD indicators. I expect this breakout to continue on both its solid technical's as well as the strong sentiment in regards to BIIB's potential ceiling. Two crucial stories to watch going forward are the potential appeals court reversal related to their multiple sclerosis drug patent and more importantly, the potential approval of their experimental Alzheimer's drug. I believe there is a good opportunity in the short-term with strong risk/reward. I anticipate some quick upside in the short term (5-10%) and will be happy to take profits. The longer-term picture for Biogen certainly has a ton of upside potential however, there is very significant risk. Biogen has a lot riding on the 2 drugs mentioned above and the ruling made on them has the potential to make or break the company's future. I believe once a decision is passed down we will either see price rapidly surge to $400+ or rapidly fall to $175-$220 depending on the outcome.
NAKD Will Rise Again...The price has formed a triangle shape and is at the edge of breaking out. Price is expected to cross and test the 50EMA before trying to close the 200EMA gap.
bullish wedge in the breakout1INCH is +4.6% since my previous signal, I'm sharing this one because I think it can go up much more. As a matter of facts it didn't go up as much as I expected but now it has formed a bullish wedge in the breakout so, when this one break out again, it should pump much more.
Being close to the end of the wedge this is a perfect time to enter if you're not in already because, even if itprice is currently at the center resistance and support are very close so you can put a SL at 5.14 to be sure in case BTC dumps.
Worst case scenario you lose 5%, best case scenario it should go up AT LEAST 15% from here. So risk/reward is 3:1, pretty good!
BTAI Symmetrical Triangle Breakout: Potential for 100%+ returnsBTAI has just broken out of a nice bullish symmetrical triangle formation. As you can see from my chart the breakout was backed by strong volume as it occurred at a significantly higher level of volume than seen during the consolidation phase. Now that the breakout has occurred you can also see my GMMA oscillator is dying to cross over into the green. The last and only 2 times the GMMA oscillator turned green on the 1 week chart it was followed by major price run ups. The first time we saw price rise from $5.60 in late December 2019 to $43.75 by Mid February 2020. The second time this occurred we saw price rise from $22.50 in mid April 2020 to $71 by mid July 2020. If we have another strong crossover into the green I fully expect another major run up in price. In addition to T.A I have also set a price target of $105 based on fundamental analysis. When coming to this number I was pretty conservative in my calculations and feel that the real upside may be even higher than this $105 number. Overall I am feeling very bullish on BTAI.