Get started

Breakoutsignal

META - Exciting opportunity this week! THE GOLDEN WEDGEWill we see the first ever (Coined in this video) golden wedge this week!? It's a huge part of my trading and a great way to identify a breakout incoming - especially on a stock like META where volatility and volume is huge on a daily basis. The Golden Wedge is basically when price uses our strongest controlled selling algorithm (Magenta here) to build liquidity and this acts as support to push us back into our less strong controlled selling algorithm (Teal here). Once that happens, we'll see teal acting as support and proving sell-side tapering (meaning buyers have regained stronger control and have dug deep enough to make a move higher). The wedge happens in between the resistance of the top of our strong selling magenta and the support of the bottom of our weaker selling teal. Look forward to seeing you all there if/when it happens - and if not, we are still prepared for other trades as we have the proven algorithms and now just need to see where price goes and who is in control entering the trading week. Please join me tomorrow at market open (9:30 AM EST) where I will be trading live on stream here on TradingView and taking trades, analyzing charts, and having fun with our awesome community. And as always, Happy Trading :)
NASDAQ:META
by ReigningTrades
6
KSS - Primed for a breakout! As always, excuse the mess of the charts. Each line means a lot to my trading on different time frames and I do my best to consolidate which ones show on what timeframes so that it's easier for you to see clearly what's important. That being said, I believe KSS (Kohl's) is primed for a breakout technically and fundamentally when they announce earnings in a few weeks. Definitely don't take my word for it - do your own research and analysis before entering any positions. Hope this was helpful and have a great weekend! Happy Trading :)
NYSE:KSSLong
by ReigningTrades
3
TSLA - Mid & Post Trade Analysis - Why did this breakout happen?As you'll start to catch on, when we look at the market as "who is in control" then it's only a matter of time before that side takes control and then all that we have to look for is WHEN they will take that control and break out of the control. Here, we saw TSLA was conforming to its' controlled selling channels and we had a perfect bounce yesterday where the bottom of our controlled selling channels wedged with our buying continuation channels. Stay tuned for further analysis like this one so that you won't miss the next breakout! Happy Trading :)
NASDAQ:TSLALong
by ReigningTrades
Bullish potential and potential breakout detected for SPKLooking at afternoon trade, SPK represents a potential bullish opportunity should momentum continue and higher highs and higher lows be made past the current position, considering breach of recent resistance levels aligning with technical indicators of RSI and DMI. Relative strength in the Midcap 50's as well as the communications sector (XTJ) adds further impetus to the trade. Personal stop loss for the trade would be beneath the low of the recent swing on 30-Oct (i.e.: below the low of $4.50), which is also below both of the 10 and 30 day moving averages, and will track the increasing 30 day moving average as the trade continues.
ASX:SPKLong
by Ivory_Wolf
ASO - Clear Analysis and what to look out forWe have our proven controlled selling algorithms taking control of price after closing a HTF cup. We are looking for some liquidity to be built within these teal and orange selling channels and for support to be found at our buying continuation channels of magenta and green. We are waiting for an initial break of orange strong selling to then retest teal tapered selling where as we can see a further breakout take place. Hope you're enjoying the long weekend and Happy Trading :)
NASDAQ:ASOLong
by ReigningTrades
INJ/USDT READY FOR A BIGGEST PUMP!! TARGET WILL BE $200Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this INJ/USDT Trade setup. INJECTIVE PROTOCOL (INJ) looks super bullish here. Breaks out from the bull flag in the daily time frame. Buy some here and accumulate more in the dip. Expecting a great 400-500% pump in the upcoming bull run. Entry range:- $35-$38 Target1:- $76 Target2:- $112 Target3:- $160 Target4:- $216 Invalidation:- Daily close below $32 What do you think about this? Let me know in the comment section. If you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
RILY Update - Breakout Still Imminent! Buyers ARE in control!Keep an eye out for a break of this magenta strong selling channel - this will be our initial indication of a retest of the top of teal tapered and that is where, if yellow and purple channels are holding price, we can see a large breakout. Until then, there is a massive short float on this stock so we'll likely need to wait for the teal and magenta wedge for this to happen. As always I will keep you posted with further updates as we move forward Happy Trading :)
NASDAQ:RILYLong
by ReigningTrades
2
KEY ANALYSIS🔮 #KEY Analysis 💰💰 🌟🚀 #KEY is forming an Symmetrical Triangle Pattern in 3d time frame and gave a perfect breakout. Also the price is retesting it's important support zone. If #KEY successfully retest the levels then we will see a good bullish move. 📈 🔖Current Price --- $0.007098 🎯Target Price -----$0.012359 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #KEY. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #KEY  #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
Will SILVER Finally Break The Support Level?Hi Traders! There is a potential breakout on SILVER as it tries again to break the long-term support level.   Here are the details: Looking at the price action, it looks bearish; the market swings are lower with lower highs and lower lows. The market has broken and closed under the 20 EMA, and this is the third time around the 21.885 support level. The plan is to wait and see how the market reacts at 21.885. If the market holds above this level, then it will likely target the resistance trendline. However, if there is a break and close below 21.885, there is a good chance of targeting the long term support level at 20.696. Preferred Direction: Sell Technical Indicators: 20 EMA Resistance 1: 22.639 Support 1: 21.885 Support 2: 20.696 Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
TVC:SILVERShort
by BluetonaFX
1
Cup and Handle Pattern Breakout Arbitrum (ARB), observed on the 1-day timeframe, has constructed a substantial Cup and Handle pattern, signaling a potential bullish sentiment in its price movement. The recent breakout above this pattern confirms the bullish bias. The analysis suggests an expectation of a retest around the support zone, with an ideal entry point identified at $1.44. 🔄 Cup and Handle Pattern Formation: ARB has successfully formed a significant Cup and Handle pattern on the daily chart, a technical formation often associated with bullish reversals. The breakout above this pattern indicates a potential continuation of the upward trend. 🚀 Bullish Momentum Confirmation: The breakout above the Cup and Handle pattern serves as a confirmation of bullish momentum in ARB. This pattern suggests a shift from a consolidation phase to a potential uptrend, and traders are likely to monitor for opportunities aligned with this shift. 📉 Anticipated Retest and Entry Point: The analysis anticipates a retest of the support zone following the Cup and Handle breakout. The ideal entry point for traders could be around $1.44, coinciding with the potential retest zone. This level provides an opportunity for traders to enter bullish positions. 💡 Trading Strategy: Traders considering ARB may strategize for a potential entry around $1.44, contingent on the anticipated retest of the support zone. Confirmation of support at this level could serve as a signal for bullish positions. Implementing risk management strategies, such as setting stop-loss orders, is crucial. 🔮 Future Outlook: The technical analysis suggests a bullish outlook for ARB following the Cup and Handle pattern breakout. Traders should closely monitor the anticipated retest around $1.44 for potential entry opportunities. As with any trading decision, adaptability and risk management remain essential in navigating the cryptocurrency market's dynamic nature.
by AlexWhale