Breakoutsignal
GOAT/USDT: LONG SCALP SETUP!!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
GOAT is looking strong right now! It breaks out from the falling wedge like structure and also holding the 50ma in 2hr tf very well. Open a long position here and add more in the dip.
Entry: CMP and add more up to $0.5
Targets: $0.556/$0.592/$0.644/$0.714
SL: $0.458
Lev: Use low leverage (Max 5x)
What do you think of GOAT’s price action? I’m seeing a strong bullish setup here! Share your insights and analysis in the comments below!
DOGE ANALYSIS🔮 #DOGE Analysis 💰💰
🌟🚀In 4hr chart we can see a formation "Descending Wedge Pattern in #DOGE. Also there is a breakout of the pattern. We would see a small retest towards it's crucial support zone and then we could expect a reversal
🔖 Current Price: $0.15800
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #DOGE. 🚀💸
#DOGE #Cryptocurrency #DYOR #PotentialBreakout
Gold Trading- How to Avoid false breaks- 3 simple tipsIf you’ve been trading long enough, you know the rush of seeing a big bullish breakout. Those massive green candles make it tempting to jump in immediately, fearing you might miss the move. But if you’ve experienced a few of these moves reversing sharply, you also know the sting of buying at the top.
False breakouts—when price appears to break out but quickly reverses—can be frustrating. You can’t avoid them entirely, but using a few smart strategies can help reduce the risk of getting caught on the wrong side of a trade. Let’s dive into key strategies for breakout trading, including buying dips in an uptrend and selling rallies in a downtrend.
1. Don’t “Chase” the Markets
When the market suddenly surges higher with multiple big bullish candles, the temptation to enter is strong. This move can make it feel like you’ll miss out if you don’t buy immediately. But in most cases, strong moves like this mean the market is likely due for a pullback. In an uptrend, these fast, high candles can often reverse or slow down, leaving those who bought at the high with losses.
Pro Tip: If you spot three or more large bullish candles in a row, it’s usually too late to enter. Waiting for a pullback (which we’ll discuss soon) is often the safer approach.
2. Trade with the Trend: Buy Dips in an Uptrend and Sell Rallies in a Downtrend
One of the most effective strategies for avoiding false breakouts is trading with the trend. Here’s the basic principle:
In an Uptrend: Buy dips. When the market is trending upward, buying during short-term pullbacks is often a better strategy than buying during strong rallies. This approach allows you to get in at a lower price, reducing the risk of buying at the high.
Example: Suppose the market is moving steadily upward but experiences brief pullbacks to a support level. This is an ideal opportunity to buy, as it aligns with the trend's direction without chasing after a breakout that could reverse.
In a Downtrend: Sell rallies. During a downtrend, the market will often move lower, but with periodic upswings. These rallies are temporary and typically followed by further downward moves. Selling during these rallies can help you align with the downtrend while avoiding the risk of a sudden reversal.
This buy-dip, sell-rally strategy aligns your trades with the overall market direction, minimizing the chances of getting caught in short-lived breakouts.
3. Look for a Buildup Before Entering a Breakout Trade
One key strategy to avoid false breakouts is waiting for a buildup near a key resistance or support level. A buildup is a tight consolidation (or a “squeeze”) pattern that suggests the market is coiling up energy to make a sustained move in one direction. Here’s how it helps:
Buildup at Resistance: If an uptrend is approaching a resistance level, a buildup (narrow price range) near that level often indicates strong buying pressure. It suggests that sellers are struggling to push prices lower, increasing the likelihood of a successful breakout above resistance.
Stop Loss Placement: If the price breaks out from a buildup, you can use the low of the buildup as a stop-loss point. This gives you a more favorable risk-to-reward ratio because if the breakout is genuine, it’s unlikely to fall below the buildup low.
Pro Tip: Patience is key. Wait for the buildup pattern to appear near resistance in an uptrend or support in a downtrend before taking a breakout trade. This approach is particularly useful when combined with buying dips in an uptrend or selling rallies in a downtrend.
Very recent example (yesterday):
Summary:
Strategies for Breakout Trading and Trend Alignment
To avoid getting caught in false breakouts, follow these steps:
- Don’t chase big moves after three or more bullish or bearish candles.
- Align with the trend by buying dips in uptrends and selling rallies in downtrends.
- Use buildup patterns to time your entries, placing stop losses below the buildup for better risk management.
By focusing on trend alignment, buildup patterns, and avoiding the urge to chase, you’ll find yourself in stronger positions and with greater control over your risk in the market. These strategies can help you catch trend-following breakouts without falling prey to the frequent traps that catch traders off guard.
Palantir Validated a Liquidity Zone, Whats Next? If you saw my previous structural analysis, I had mentioned that Palantir was going to hit an institutional liquidity zone, and for the first time in several years, using common sense, the price was going to face rejection.
And that’s exactly what happened...
The price hit my point of interest and dropped for 3 days. However, the last candle with which we closed the week was green and had enough volume.
Why is this? If we can see 2 candles before the close, we can detect a trap that created a long wick downward, preventing the price from falling further. That’s the detail we're seeing before the week’s close—the last candle was bullish. We also can’t ignore that Palantir is only about 2 weeks away from its earnings report.
So, I don’t think the price will make a decisive move just yet, and even if it falls further, it would likely be around 38.50. However, the earnings strategy that traders are waiting for, where Palantir accumulates and begins to rise, is very close. So, we need to be very alert as we approach its earnings report on November 4th.
Best regards, and thank you for supporting my analysis.
Google Still Bullish but nothing to see yet till Earnings ReportGoogle is clinging to this stagnant channel (yellow color), but the question is:
Could this be an accumulation before their earnings report?
We are one week away from Google's earnings report, and I have a feeling that the price will simply continue to trade within the same range until a few days before the report. Let's say on Friday or Monday, we may see a strong and sudden move. This is due to the "insiders," those privileged individuals within the company who hold positions and know what the price movement will be on the day of the report based on information they can access before the expected date.
We just need to keep in mind that we are still in a congested sideways channel, and this channel may expand as the days leading up to the report approach.
There's really not much to see with Google at the moment.
Best regards, and thank you for supporting my analysis.
SWING IDEA - RUBYMILLSStock NSE:RUBYMILLS is currently at a Breakout Zone of 263 in the weekly timeframe. Also currently at its 52W High as well.
MACD line and Signal have a fair enough split between each other, which also indicates a good bullish momentum.
If market conditions are good, this stock should easily revisit its Swing High levels.
Point to note is: The stock needs to maintain weekly closing above 263 levels in order for it to start pumping upward.
SPY Loosing Momentum ! SPYLOVERS DONT PANIC ! Its OKAfter several weeks of analysis, the price reached its all-time highs twice, creating a new extreme. Att his moment is what i call in a no man's land zone. But what do I see in the overall structure?
If you can clearly identify the yellow upward channel, I want you to split it in half, and we will analyze the two parts.
In the first half, we have an active price movement, with clear fluctuations between support and resistance. The high volatility causes the price to move in waves, perfectly respecting support and resistance.
But if you can manage to identify the second half, up until the end of the channel, you'll see that the price shows signs of exhaustion.
Exhaustion, how?
When the price stops having that volatility everyone is looking for, and begins to slow down and starts moving like a worm along the edge of the channel’s support, showing small candles and, above all, losing momentum. (In the chart, I want you to identify the price exhaustion by marking it with a small symbol of a worm crawling along the channel's support.)
This type of behavior happens frequently when the price is losing momentum. In this type of scenario, I am more than certain that we will soon see a move where the price might break out of the yellow channel. Most likely, we will see the price make its natural retracement. After achieving two all-time highs, I believe it's time for the price to take a break, either to consolidate or make a quick decision.
Nevertheless, I am expecting the price to make its natural pullback in the coming week.
We’ll see if it happens.
Best regards, and thank you for supporting my analysis.
13% profit 30% in total, bitcoin might do a new higher high Recap: first off all congratulations to everyone who followed my signals, we are on our second trade the first one made more than 16% profit and the second since September 1st made more than 13% and still going strong
Since September 1st I've guided my followers through entry and exit points and thanks to my perfect entry the last panic sale didn't put us in the red even thought I've pleaded every trader to buy Bitcoin and that it will at least go above 65858$ and I've been trolled for saying that now the joke's on you
Bitcoin will continue it's uptred and might do a new higher high
GOOGL we had a breakout, but we didn’t get the strength neededGOOGL: Yes, we had a breakout, but we didn’t get the strength we needed.
We got confirmation that Google exited the yellow channel, which I call "no man's land," but when Google broke out of this channel to the upside, it did so with a candle that wasn’t to my liking.
Double TOP!
After the price tried to go up the first time after the breakout, it made one more attempt to go higher but failed. The price returned to the stagnant channel we had analyzed last week.
The earnings report is approaching. I believe the last two candles give me a lot of hope that Google’s upward run is starting here. However, I would like to confirm on Monday or Tuesday with 1 or 2 bullish candles to confirm that my prediction will indeed take effect.
Even though I'm still bullish on GOOGLE ! Remember, we are very close to the earnings report, which could push Google to glory!
Thank you for supporting my analysis.
Best regards,
Silver Breakout Likely within Weeks - 32.75 Line in the SandSilver approaching 32.75 level after completing a corrective move this week.
37.75 is the line in the sand. A close above this level will confirm a historical breakout.
35 is almost certain and 40-45 a possibility before undergoing a larger, intermediate level correction.
Watch for more detail.
BARBEQUE - Multiple Indicators StrongNSE:BARBEQUE showing multiple strong indicators
- Trendline Breakout since November 2021
- Cup and Handle pattern formation since December 2023
- C&H Resistance ~680.5 breakout today (Daily)
- RSI 60+ on Daily & Weekly charts
- ADX 20+ with upward tick
- DI+ above DI- on Daily, Weekly and Monthly charts
Ethereum just entered an accumulation phase after the breakoutEthereum just broke out of the months-long channel, and in this case, we didn’t see a breakout with strength and volume. However, ETH is entering an accumulation phase and will consequently need to make a decision to break out and rise back to last month's levels.
Just remember that the backbone of all cryptocurrencies is Bitcoin, and if Bitcoin decides to go up, the entire crypto market will rise as a result. So, I invite you to check out my Bitcoin analysis.
Thanks for supporting my analysis.
Good luck!
BTC Lucky Number 7 !!! Get Ready for the Bull RUN!! But first...Lucky Number 7 !!!!!! Get Ready for the Bull-RUN!!! But first...
First of all, I want to clarify that all the checkmarks checked off are the predictions we have been making over all these months. Each checkmark is confirmation that the price behavior followed the analysis we conducted.
In this case, the breakout of point #7 was fulfilled, and this is the breakout I had been waiting for around July-August (point #3). But before we proceed, I want to clarify that for me, a valid breakout means the candle and wick are completely outside the resistance line! So, indeed, for me, this is a legitimate breakout.
BUT BEFORE THIS HAPPENS, WE HAVE TO SEE A SUPER IMPORTANT MOVE!!!!!
Within the N3 pattern, whenever there is a breakout, it is always followed by a new high, and then the price makes its natural pullback. We will look for the price to touch the new support level, rebound, and aim for a new high.
This is my N3 pattern, which I always look for after confirming a breakout.
So, let’s wait a few days to allow Bitcoin to rise as much as it needs to, make its natural pullback, and then buckle up because we’re about to see a strong bullish run.
Thanks for supporting my analysis.
Good luck!
-mike