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Breakoutsignal

ETHUSD - BREAKOUT NOT CONFIRMED YET !Despite a second consecutive daily closing above the clouds (around 3'500),(high @ 3632), the ETHUSD is still showing some uncertainty about further development as you can see the recent and current price action on this daily chart. Indeed, as I already mentioned yesterday, we still need to see, a "real" breakout confirmation, which, for the time being, it is not the case yet !!! Therefore, once again, today's closing might perhaps gives more clues about further direction and if the breakout confirmation does not occur soon, the bears will regain power to reverse the ongoing upside price action. Last but not least, the validation of the clouds breakout will be given by the Lagging span price action too !!! CONCLUSION : Monitor closely intraday shorter time frames as a failure to hold above 3'500 should be seen as a warning signal for a reversal !!! Ironman8848
by Ironman8848
5
BTC/USDT BREAKOUT Bitcoin to USDT is now in a breakout in the 1D time frame. We need the daily candle to close above the resistance line (Pink Trendline) to be able to confirm this breakout. If confirmed we can see further push into the Bull Territory marked zone and on its way to 53k soon and possibly 55-60K within this month(October). There can still be a retest of the newly formed support(Pink Trendline) but so long as we remain above the resistance line (Pink Trendline), we are considered bullish as long as confirmed. This will allow the rest of the market to follow and push very heavily. Next upcoming chart will be BTC Dominance.
Long
by UnknownUnicorn28488832
HCI Breakout SetupHCI is setting up in a textbook breakout pattern. Big sales growth last few quarters and the stock is up accordingly. Relative strength is in the 95th percentile, and the stock has held up well even with the recent selloff. Shares are consolidating, and contractions have shrank from 15% down to 5%. At the same time, volume is contracting - a sign that sellers are sparse, even under the pressure of a mild market selloff. I have a buy stop set at 115.45. If triggered my stop will be at 109.65 for a risk of 5.0% on the trade.
NYSE:HCILong
by rossgivens
US GOV BONDS 10 YR YIELD - M1 ---> D1Good morning, today we are going to look at 3 time frames, beginning with : MONTHLY September monthly closing level is showing a failure to close above the ongoing downtrend line resistance.(1.5570). Interesting to note that the September intramonth high (1.56) was slighly higher than the 61.8% Fib ret @ 1.5270 (1.7740-1.1270 move). So for the time being recent price action was only a corrective move. October monthly closing level will validate or invalidate a potential breakout of this important downtrend line resistance. WEEKLY This week ongoing price action is, for the time being, showing also, a failure to clearly breakout the W1 downtrend line resistance. Important support levels on a weekly basis @ 1.4360 ahead of 1.3950; a failure to hold above this area would open the door for lower levels, towards 1.3440 (W1 top clouds) ahead of 1.25 Wait the weekly closing level for confirmation. DAILY Recent price action seen over the last couple of days, is also showing, for the time being, a breakout failure to crossover the daily downtrend line resistance and hold above it ! Looking forwards, I strongly suggest to look at the following levels : Support area : 1.43 - 1.38 A failure to hold above this zone would put the focus on the daily clouds support 1.35-1.27 Resistance area : On the upside, as above mentioned, a breakout and daily closing level above the ongoing downtrend line resistance (currently around 1.52), would be the first significant warning signal for a trend change (from a SELL on rally to a buy on dips) in watching carefully the following price action, if the breakout occurs. Be careful, on pullback (bull "yield" trap !!) Have a nice day All the best If you like my analysis, please do not forget to like it and me on your following list. Many thanks in advance Best regards Ironman8848
TVC:US10Y
by Ironman8848
PERP descending trianglePERP in descending triangle, now above 200SMA and below 20SMA, also right above the support level. Expecting possible bounce up to open long trade. That position between 200 and 20SMA could be tricky for entry, price often bounces up and down from them before descision. SRSI RSI and MACD on 1hr chart look like it could go up. Could have a nice move, but you should be aware that it has a death cross printed on MACD 12hr chart, so this could be short-term trade or scalp trade only (if long). If this support is lost we could enter a short trade, breaking under 200SMA is usually a nice chance for short trade... GL traders... Needless to say that BTC could have an impact on this trade...
by PhilosophersStone
#LTC, Let's keep an eye on #Litecoin!A quick look at Litecoin (#LTCUSDT, 1D, Binance): Price is picking above the daily resistance at $179. If LTC price confirms the breakout we could open a long position with a good margin for profit. If it does not hold, price should find support at $164 and $152. Strategy If the breakout holds: TP1: $226 Alternative TP1: $199, TP2: $226 If you want to read more about Litecoin on CoinMarketCap, click here . What do you think? Still learning here, so any constructive feedback and positive vibes to improve my analysis are welcome. But if you enjoy my chart, please like, comment or follow me. :) Thank you and Happy trading! ------------------------------------------------------ Some of my charts represent actual trades, and some are just paper trading. Needless to say, this is not financial advice!
by BitfulMind