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Breakoutsignal

How To Spot A BreakOut In 3 StepsThe market is on fire right now, especially the FOREX market. Its not yet official but we might be heading for a recession. As i was about to type this article i kept thinking , "how am i going to show you how to spot a breakout." Also i took my time to see the editors pick to look for a common theme or trend. Right now gold TVC:GOLD , and Bitcoin BINANCE:BTCUSDT , And Sp500 SP:SPX are trending. If you look at the fundamentals of the SP500 you will see that we are in a breakout session of the market. How To Spot A BreakOut In 3 Steps #1-Look at the CCI #2-Notice that the MACD histogram bars are green #3-The 13 EMA on the CCI has hit the overbought zone. When you take note of these 3 steps you will see a break out. Rocket boost this content to learn more. Disclaimer:Trading is risky you will lose money whether you like it or not. Please risk management and profit taking strategies.
Long
by lubosi
BTC Let's wait for the breakout at 64-65k range. LOOKING GOOD !First of all, I want to be very clear that all the checkmarks are the predictions we have been making over these past few months. Each checkmark is a confirmation that the price moved on our side. To verify this, you can visit my Trading View page and check my analysis history, which I’ve shared with you every weekend. Now, let's get into the Bitcoin analysis: If we look at the overall structure of BTC, it is simply a descending range, but if we zoom in, the inefficiency zone has always been an important trigger for Bitcoin's structure, even when bearish. What I mean is that every time it touches the inefficiency zone, Bitcoin surges upward strongly. If you look closely, the largest bullish candles appear in the inefficiency zone. It is also where a head-and-shoulders pattern was formed, but when it touched a demand zone, the price shot up like foam, just as we had predicted. It’s simple... If we can see the overall structure, we have a very important 'KEY ENTRY POINT' (KEP) on the bottom left side to consider, and that same 'KEP' is the area Bitcoin has been respecting frequently. So, we can conclude in this analysis that, as Bitcoin has respected the entire bearish sequence of our trend channel 1, 2, 3, and 4, point #5 was key for retesting our 'KEP' at position #6 and then surging strongly to the inefficiency zone, resulting in a small natural pullback to accelerate the price and almost hit our resistance point #7. But what will happen now? NOTE: If there’s no breakout, there’s no party! I’ll present you with two scenarios (Bearish and Bullish) that Bitcoin may follow this week: Bearish Scenario: If there is no breakout, there’s no party! The price will simply validate our point #7, reject it, and continue the bearish sequence of the channel. We can distinguish this based on the volume and the strength of the candle (keep a close eye on that). Bullish Scenario: The price is about to validate point #7. If starting on Monday, we begin to see strong bullish volumes in Bitcoin, you can be certain that Bitcoin will break the channel. Consequently, we could see a new high after the breakout, followed by a pullback that returns to what was the channel's resistance (now support), and from there, a structural breakout or a new high. I call this pattern N3. The simple fact that the price breaks out and the full candle is outside of my channel, I consider it a genuine breakout. So let’s hope it happens this week. Regards, and thanks for supporting my analysis!"
COINBASE:BTCUSDLong
by RocketMike111
TAO ANALYSIS🔮 #TAO Analysis  🚀🚀 💲💲 #TAO was trading in a Descending Broadening Wedge Pattern, and trying to breakout the pattern. Also there is an instant resistance zone and after the breakout of resistance zone and pattern we will see a bullish move. 📈📈 💸Current Price -- $327 📈Target Price   --  $640 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #TAO  #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts