Breakoutsignal
BREAKOUT in POLYCABBreakout in POLYCAB in Daily and weekly timeframe and looks like a flag pattern. There was a fake breakout about 10 days back. This breakout has a strong bullish candle and hope it gives a good move.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
BTC BREAKOUT LONG TECHNICAL TARGETS FTX:BTCUSD
The dashed line fib is linear
The straight line fib is logarithmic
BTC gave us a new year surprise
It seems to have broken out of the descending broadening wedge pattern.
The technical targets are 66.5k 77.5k
53k and 57k are still in play, BTC could be rejected from that area. However if we break 57k, the sky is clear all the way up to technical targets.
Have a better year!
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Follow and Like if its valuable, I post irregularly.
BTCUSD BTCUSDT Descending Broadening Wedge Breakout Retest Technical Target
Market Update - BULLISH! - And how I trade levels in a downtrendIn this video:
* A quick review of the current market sentiment
* I am bullish!
* Everything is moving as expected
* I review and instruct on a more advanced trading technique/strategy - How to trade levels in a correcting or bearish market?
* You can make gainz by going long in a bear trend!
Happy New Year Traders!
Luna Terra short and long term analysisBINANCE:LUNAUSDT
Hello Traders,
Luna has been trading in ascending channel for the last month. It has been trading within the rising channel starting from late November making higher high and higher lows and finally broke out of the channel by making 15% pullback (correction) started a new rising channel within few days. Prices are pushed up with strong volume and RSI and Luna started to make new higher highs (new ATH) and higher lows within this new rising channel and finally broke out of the channel 27 December.
We could see a 10-15% pullback before entering new ascending channel which I believe will lead to new higher highs and higher lows. There is strong resistance level at $100, if the price will break this point with nice volume then we could see new ATH.
I believe $78-$82 could be a nice zone for long setups.
My pirce targets for Luna in short run (4-5 days) $78-$82
My pirce targets for Luna in long run (15-30 days) $105-$120
Overall I am bullish on Luna and will post an update if I see any reversal signs.
Good luck and trade smart! (not a financial advice)
Please like and share if you like my idea.
$BFRI – SI 83% High short interest according to S3:
$BFRI – SI 83%
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$TSM - Weekly Swing Candidate Revisited$TSM is slowly approaching the top of it's channel as I touched upon a while back!
A break above can take us to 128, while a rejection likely walks us back down to the bottom of the channel around 108.
I'll look to long this name above the channel with 12/31 130Cs, or go short with 1/22 110Ps depending on where price action leads us.
KCSUSDT is ready to explode! 🦐KCSUSDT is ready to explode!
The price had a breakout from the daily resistance and now the market is creating a bull flag below the 4h resistance.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Solana Breakout PatternBINANCE:SOLUSDT BINANCE:SOLBTC
On the left hand side we have Solana Bitcoin chart which formed ascending right angled triangle. Horizontal top of the triangle also formed nice resistance zone and SOL BTC price touched the resistance 4-5 times during the last 4 months. Hypotenuse of triangle is also forming nice support line with higher lows for SOLBTC price. This overall setup tells us that Solana is strong against BTC and this trend will follow until further breakouts (either upward or downward).
I am expecting SOLBTC price to touch the resistance line again during the next month with a price target of 0.0043 SOLBTC.
On the right hand side we have Solana USDT price chart which is trading on ascending channel starting from august 2021 and made several higher highs and higher lows during that time. On a shorter time period we see descending (red) channel which started formulating from early November. We have seen one price breakout from this red descending channel which touched our upper line around $240. The price also broke the channel on 24 December and I am expecting that the price will touch the upper line again around $260 during the next month. If the price breaks above this line then we can see new ATH prices.
Overall I am bullish on Solana and will post an update if I see any reversal signs.
Good luck and trade smart! (not a financial advice)
Please like and share if you like my idea.
$T - Unorthodox Breakout Trade ThesisHistorically, $T is an extremely slow mover, which is why I was kind of shocked to see it as a potential breakout trade candidate.
For whatever reason, $T keeps aggressively rejecting off of 24.22, meaning that once these sells are cleared out, we're likely clear up to 24.64! Once 24.64 clears we see 25.00 rather quickly.
Although this move seems tiny on paper, if you play it with options, you can easily bag 200% gains in the blink of an eye.
If we clear 24.22, consider grabbing 12/23 24Cs or 12/23 25Cs, depending on your risk tolerance. GLHF!
$PYPL - Back to the Scene of the CrimeSince it's large fall from grace, $PYPL has been rangebound from 179 to 193.
We've briefly poked our head above 193, only to get shoved back into the channel and resume trading there.
We're right back at this key 193, and therefore $PYPL is back on watch for us.
A break AND hold above 193 has the potential to take us to to the supply zone at 201 rather quickly. A failed break likely takes us back down the channel to 179.