Breakoutsignal
$VITL - Simple CT50 trading strategy Trading Strategy based on CT50:
Chart Pattern - Tline (8EMA - white line) & 50EMA (Red line)
First entry point: Base breakout on high volume and Gap up
Second & Third: While holding the gap up low, mini consolidation breakout offered add on points (yellow arrows)
Now there’s a tight consolidation going on. Watch out for breakout or breakdown.
SWINGBY - ascending triangle developingIt looks like SWINGBY is printing ascending triangle on 1H chart. 63% technical target, if break upward, first significant resistance is former support at 0,00843 (14% profit from upper resistance level). I suggest taking some profit at that point and moving your SL to break even level... It could take some time to develop and pointless to say (to experienced traders), BTC looks ok so far but could ruin this...
Good luck traders and smash that LIKE button, tnx :)
CEIX - Coal industry setting upCEIX is leader in the coal industry. Trending. Look for entry points along the way.
Tradingview has a nice feature to paste images so I will try it out.
The image is a weekly view of the DOW JONES COAL industry. A weekly breakout from a pivot point exceeding the past 8 weeks.
You don't need to know what's going to happen next to make money ~Mark Douglas
Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
BTC 2022 $ projection bitcoin still holding inside our ascending bullish channel , if kept holding above the 22400$+ support, we will see price going to test the most important level for this year around d the 29k$+, cause if we broke it and hold above the 30k$, we enter a bull run for cryptocurrency .
on the other hand if we broke our ascending channel and close below the 20k$ this time , we going to see huge sell of this time till above the 13k$.
BATUSDT is testing a key levelThe price is testing the dynamic daily resistance on the 4h timeframe.
Nice volume is coming
The price needs to create a new breakout from it and retest the current 4h resistance as new support.
How to approach it?
IF the price is going to create a clear breakout with volume and retest the current resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Breakout trade in CWENClearway Energy (CWEN) is showing all the signs of a pending breakout move higher.
The stock has formed a base from November to present with price action compressing and pullbacks getting shallower from left to right - a sign that supply is no longer coming to market as the market works through sell orders in the $37 - $38 range.
CWEN is an alternative energy stock, and that sector is currently outperforming 95% of the market (ranked 8/197 in relative strength). This breakout could be part of a larger group move and an underlying theme I am seeing from potential leaders in the next bull market.
The stock has formed a pivot over the last week and a half, trading in a tight 4% range. A move outside of this area could lead to a nice move higher as the stock releases its energy from a large base.
Consider buying on a breakout above 38.30. And thanks to the tight pivot area, you can place a sell stop order at 36.30 to risk just 5% on the trade.
RDBX Bottom reversalwe tested our resistant level yesterday around the 5.15$, and we got rejected, now we have critical level to hold , which is above 3.70$+, cause if we broke it, we going to have huge short volume to drags us until the bottom price level for RDBX, which is above our ascending line above the 3$+.
still the 5.15$ is squeeze level target, if we hold it , and make it our support to test the 9$+.
$FB - Bottomed out reversal play with +10% to 30% upsideTechnical Analysis
Scenario 1 - Bullish
Price has bottomed at $150 with a mean reversion play to $192-$230 depending on which resistance level holds above.
Scenario 2 - Bearish
The next few weeks will determine if we have a long entry above $170 (if price breaks above). If it resists at the $170 -$180 level then we have a continuation to $150 or a squeeze.
Price Target
Entry $170-$180
Target 1: $192
Target 2: $210
Target 3: $230
VENKEYS EXPLOSION MOVE 75% UPSIDE ^^^VENKEYS India has given a breakout and retesting its previous levels
Reason to enter the trade
1. Breakout
2. Retesting
3. High volume
4. Daily timeframe
I HAVE EXPLAINED EVERYTHING ON THE CHART FOR MY VIEWERS SO THEY CAN EASILY GRAB THE OPPORTUNITY
AND SHARE IT WITH YOUR FRIENDS SO THEY CAN ALSO TAKE BENEFIT OF IT
TATAMOTORS breakout 14% MOVE UPSIDETATAMOTORS has given a breakout and retesting nice entry opportunity to enter
REASON TO ENTER
1. Breakout
2. High volume
3. Retesting
I HAVE EXPLAINED EVERYTHING ON THE CHART FOR MY VIEWERS SO THEY CAN EASILY GRAB THE OPPORTUNITY
AND SHARE IT WITH YOUR FRIENDS SO THEY CAN ALSO TAKE BENEFIT OF IT
Powerful Breakout At AAPL With 80% Chance Of The Market Going UpT.R.S (Triangle Of Resistance And Support)
1- As you can see the market tried to break
The Resistance line at 4 different Points,
and On the 5th black point he break the R line succefuly .
2- For the Support Line, we have 4 important Points
which they played the role of a solid support Points.
Powerful Breakout At AAPL With 80% Chance Of The Market Going UpT.R.S (Triangle Of Resistance And Support)
1- As you can see the market tried to break
The Resistance line at 4 different Points,
and On the 4th point he break the R line succefuly .
2- For the Support Line, we have 4 important Points
which they played the role of a solid support Points.