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Breakoutsignal

ETHUSDT is creating a descending channel The price is creating a descending channel on the daily resistance after a bounce on the 0.5 Fibonacci level on the Monthly chart. The price got rejections from the 3k resistance, it's a key level. On the 4h timeframe the price is testing the resistance on 2700$ and the market got rejections from that are. How to approach? For a bullish scenario, I'd like to see a clear breakout from the dynamic resistance and daily resistance on 3k. Otherwise, if the price is going to lose the weekly support and retest the support as new resistance we could see a new short impulse. Next valid support is 2k ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
by InkyGrip
4
DOTUSDT is testing the supportThe price is testing a critical zone on the dynamic support and static support as well on 14.5$. On the daily timeframe, the price is creating a descending channel after a false breakout from the 50$ resistance. On the 4h timeframe, we can see that the price is testing the dynamic support after a breakdown from the static one. How to approach? IF the price is going to have a breakout from it and retest the previous support as new resistance, we can add in our watchlist and wait for apply or rules in order to open a new short position with a very nice risk reward. The next valid support is 10$. The scenario is invalidated if the price is going to have a breakout (above 17.5$) from the descending channel with volume and retest the support. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
ETHUSDT is testing the 0.618 Fibonacci levelThe price bounced on the 2600$ support so far and it's going to retest the 0.618 Fibonacci level on the 4h timeframe on the daily dynamic resistance. The market created an M pattern on a daily and 4h timeframe and the price retested its neckline already. How to approach? we could see another bearish impulse below the key level 2500$ and the next valid support is 2400$. The price should have a breakout from this support with volume after the first false breakout. The price is looking for a new higher low on the 4h timeframe. The setup is invalid if the price is going to have a clear breakout of 2800-2900$ ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
12
MATICUSDT had a breakout from the weekly supportThe price is creating a descending channel on the daily timeframe after a false breakout on 2.6$ area. The price retested the previous support as new resistance and the market started with a descending channel. The price got a bounce on the dynamic weely support and now it's testing the breakout of it. On the 4h timeframe the price had a breakout of the weekly support and retested as new resistance. How to approach? We are monitoring the price action, we could see a retest of the weekly confluence where the price could get new liquidity for a new bearish impulse. According to Plancton's strategy , we can set a nice order The setup is invalidated if the price is going to have a breakout with a retest of the weekly structures around 1.6$ ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
MShort
by InkyGrip
AVAXUSDT is testing the 0.786 Fibonacci levelThe price was rejected from the daily resistance on 96$ after a false breakout from the dynamic resistance, as you can see from the daily chart. After the rejection the price retested the dynamic 4h support as new resistance and got liquidity from the new bearish impulse. At the moment the price is testing the 0.786 Fibonacci level as new support. How to approach? We are monitoring the price, we could see a new bounce above the 4h resistance on 69$. If the price will not confirm the flip, we could see a new breakdown and retest of 61$, the dynamic support area. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
4
SOLUSDT is losing an important supportThe price is creating a big descending channel on the daily timeframe as you can see on the upper chart (daily one), the price is losing the 90$ support right now. It's an important one, as you can see on the left the price tested that area several times. How to approach? IF the price is going to retest the previous support as new resistance, and the market is going to satisfy our rules, we can open a new short position. The next valid support is the 0.786 Fibonacci level on the Weekly timeframe (around 73$) ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
9
ETHUSDT is going to retest the 0.618 Fibonacci levelThe price lost the 2900 support, where you can find the M's neckline. The market retested the previous support as new resistance and got a new rejection. the price is going to retest the previous resistance as new support, exactly on the 0.618 Fibonacci level. How to approach? We are waiting for the retest on 2600-2500, where the price could have a pullback. IF the price is going to have a new breakdown of that area, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
2
$RDBX PT 15-25 and higherDescription: Redbox Entertainment Inc. operates a network of self-service kiosks in the United States. It operates a network of approximately 40,000 self-service kiosks, where consumers could rent or purchase new-release DVDs and Blu-ray Discs. The company provides installation, merchandising, and break-fix services to other kiosk businesses. It also produces, acquires, and distributes movies through its film distribution label, Redbox Entertainment, LLC, providing rights to talent-led films that are distributed across the company's services, as well as through third party digital services. In addition, the company offers transactional and ad-supported digital streaming services, which include Redbox On Demand, a transactional service that provides digital rental or purchase of new release and catalog movies and TV content; Redbox Free On Demand, an ad-supported service providing free movies and TV shows on demand; and Redbox Free Live TV, an ad-supported television service giving access to approximately 100 linear channels. The company is based in Oakbrook Terrace, Illinois. Industry: Shell Companies
RLong
by BADQOMOCAWGOWLD
$GMTX (SPACs) Description: Gemini Therapeutics, Inc., a clinical stage precision medicine company, engages in developing various therapeutic compounds for treating genetically defined age-related macular degeneration (AMD) and linked ocular disorders. Its lead candidate is GEM103, a recombinant form of the human complement factor H protein that is in a Phase 2a trials in dry AMD patients with a complement factor H protein risk variant. The company was founded in 2015 and is based in Cambridge, Massachusetts. Industry: Biotechnology
GLong
by BADQOMOCAWGOWLD
$RBLX - Stuck Between a Rock and a Hard Place$RBLX is stuck between a rock and a hard place here, with the trade favoring the downside. We're coming up on an overhead resistance at 64.5, while also running into heavy trendline resistance established all the way back in November. I personally think we reject and visit 60 this week, though there's also a possibility of a double breakout which could lead us up to 70, and then 77. Breakout is validated above both trendline supply, and general 64.5 resistance.
NYSE:RBLX
by FluxTrades
$DCFC Target PTs 60-70-130 and higher$DCFC DEFINITION OF "PRESIDENTIAL PUMP": "When the PRESIDENT OF THE UNITED STATES OF AMERICA, goes on national TV and announces a contract with an EV company to build out charging stations, which recently was signed into law with an infrastructure fund of $7.5 BILLION DOLLAR, and the contract itself potentially worth HUNDREDS OF MILLIONS AND POTENTIALLY BILLIONS OF DOLLARS over time...then the immediate perception of value may drive FOMO and MOMO in retail traders, pushing the price higher on a multi-day/week run up."
DLong
by BADQOMOCAWGOWLD