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Breakout

Burlington Stores is set for significant upward movement. After the market crash in March 2020, the stock price stabilized around the 110 level and began to rise. This upswing drove the price to an impressive high near 350, reaching an all-time peak. During this phase, a Rising Wedge pattern formed, and following a subsequent breakdown, the stock underwent a significant correction, returned to its previous support level. Subsequently, the stock made a strong recovery, climbing to around 250 before encountering resistance. After a notable decline, it found support once more near 115. Another rebound occurred, leading the price to a recent breakthrough above previous resistance levels. It is anticipated that this momentum will persist, leading the stock to achieve new highs in the near future.
NYSE:BURLLong
by NaranjCapital
INJ - To new High after breakout#INJ/USDT #Analysis Description --------------------------------------------------------------- + INJ Price has hit the horizontal support while trading inside the channel. + I'm seeing a strong reversal from the horizontal support. This reversal could push the price higher and breakout from the channel. + You can enter the trade now for high risk or wait for the breakout. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 19.29 Stop Loss: 13.05 ------------------------------ Target 1: 22.60 Target 2: 27.22 Target 3: 34.52 Target 4: 44.58 Target 5: 62.33 ------------------------------ Timeframe:1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
XRP - Trading Inside the channel - Pending BreakoutBINANCE:XRPUSDT (1W CHART) Technical Analysis Update XRP is currently trading at $0.57 and price is trading inside in the channel. Price got successfully bounced back from the support line and now trading near the resistance line, A clear breakout will confirm the bullish trend of the XRP. We can enter the long trade after the confirmed breakout. Entry level: $ 0.7040 (Candle close above the channel Stop Loss Level: $ 0.4158 TakeProfit 1: $ 0.8563 TakeProfit 2: $ 0.9925 TakeProfit 3: $ 1.1653 TakeProfit 4: $ 1.4356 TakeProfit 5: $1.8800 Max Leverage: 2x Position Size: 1% of capital Remember to set your stop loss. Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
AVAX - Daily Chart Analysis - A Short Term Opportunity#AVAX/USDT #Analysis Description --------------------------------------------------------------- + AVAX has formed a nice falling wedge pattern and also the price has hit the major support zone. + A clear breakout from the falling wedge is required for a confirmed bullish trend. + We will enter the long trend only after the confirmed breakout from the falling wedge. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 23.86 Stop Loss: 16.86 ------------------------------ Target 1: 29.92 Target 2: 35.25 Target 3: 43.69 Target 4: 62.57 ------------------------------ Timeframe: 1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
MATIC - 4H Chart Analysis - Trading Inside the channel#MATIC/USDT #Analysis Description --------------------------------------------------------------- + The price is currently trading within a channel and has successfully bounced back from the lower boundary. + A strong breakout from this channel could drive the price higher. + We can enter a long trade at the current price and place the stop-loss (SL) below the support zone. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.4240 Stop Loss: 0.3851 ------------------------------ Target 1: 0.4491 Target 2: 0.4783 Target 3: 0.5036 Target 4: 0.5604 ------------------------------ Timeframe: 2H Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
MLong
by VectorAlgo
RARE ANALYSIS ( breakout is done )🔮 #RARE Analysis - Breakout 🚀🚀 💲💲 In daily time-frame,Falling Wedge Pattern is forming and a good breakout is done ✅ But right now we can see that #RARE retesting the levels. After that we will see a good bullish move 💯🚀 💸Current Price -- $0.0852 📈Target Price   --  $0.1775   ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #RARE  #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
DOGE - Testing the support after long awaited reversal#DOGE/USDT #Analysis Description --------------------------------------------------------------- + After months of consolidation in the support zone, the price finally broke out and reached the local resistance. + Following this, there was a significant reversal, with the price returning to the support zone. + I’m observing a strong reversal and bullish momentum from the support zone, and I expect a trend change soon. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.10694 Stop Loss: 0.06167 ------------------------------ Target 1: 0.16821 Target 2: 0.23087 Target 3: 0.34588 Target 4: 0.56844 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
RON - A reversal with a leading breakout is expected to push the#RON/USDT #Analysis Description --------------------------------------------------------------- + Price has hit the support zone around 1.5 price range. + A strong reversal can be expected from the support zone which gives a good opportunity for a long trade. + Enter a long trade only after the price reversal. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 1.6 Stop Loss: 1.14 ------------------------------ Target 1: 1.848 Target 2: 2.320 Target 3: 2.752 Target 4: 3.658 Target 5: 5.308 ------------------------------ Timeframe: 1W Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
PEPE - MEMEs are on the rise again#PEPE/USDT #Analysis Description --------------------------------------------------------------- + MEME has hit the support zone and recently formed a higher high. + A successful reversal is evident from the support zone. + The RSI is also indicating a reversal as it bounces from the <30 zone. + The next resistance may pose a challenge, but strong bullish momentum could potentially break through it. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.00000812 Stop Loss: 0.00000547 ------------------------------ Target 1: 0.00001047 Target 2: 0.00001284 Target 3: 0.00001737 Target 4: 0.00002566 ------------------------------ Timeframe: 1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
2
ENA - A reversal is inevitable #ENA/USDT #Analysis Description --------------------------------------------------------------- + The price has formed a channel and is currently trading within it. + A clear breakout from the channel could trigger a bullish trend. + A minor correction is expected before the trend reverses. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.35 Stop Loss: 0.27 ------------------------------ Target 1: 0.39 Target 2: 0.44 Target 3: 0.51 ------------------------------ Timeframe: 4H Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo