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$
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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 🦐
Breakouttrade
Ethereum Classic breaks out of falling wedge that started in NovEthereum Classic broke up bullishly from a falling wedge that started back in November and and a general downtrend since hitting it’s all time high last May at $185. Besides the falling wedge, with a target ironically at $55 (one of the points of most resistance this past year), there is a cup and handle forming that is close to breaking out with a shorter term target right near the 2017 and original 2021 ATH of $44.... Either way this is not a coin to count out once it gets bullish unless BTC dumps.
This post is focused on Tecnical Analysis of ETC, I will soon post a detailed fundamental analysis pointing out why the sudden bullish break, exceeding most other altcoin gains and those of BTC+ ETH over the past week.
To sum up the fundamentals though, there is a lot of 3rd party development happening that includes ERC-21 standard NFT’s minted on ETC (for super cheap gas fees), a new DEX (HebeSwap) that brought the community from Hebe token to ETC, HebeSwap has an iOS and Android app featuring a multichain wallet, play to earn game, bridges to every major blockchain, Defi/ yield farming for ETC and other coins, and much more. It’s an all in one tool that will grow in useage exponentially once translations are finished for the daily news and the play to earn games. The rest of the app is in English already, and is available in Apple’s App Store right now.
Daily transactions have been outpacing Dogecoin, Bitcoin Cash and at peaks Litecoin as well over the past 3-6 months, and it’s still growing. Hash rate is near all time highs showing the network is more secure and faster than ever, and there is a record number of active ETC wallets.
Basically the idea that ETC is a dead project or unused network is verifiably false, as now it is one of the fastest growing chains for new development, and the chain itself has a major upgrade coming soon. #Bullish #Long
AGLD double bottomAGLD nice double bottom. Watch for breakout entry or possible support retest. Good luck traders
SOBHA - Clear swing trade entry🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Bata India - Good Breakout 🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Breakout and Retest in JSW STEELThere is a breakout and retest in JSW STEEL. Please add this stock to your watch list. Lets wait for a bullish candle on Monday before taking the trade. Entry above 680 should be good.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
BTCUSDT SET UPS PATIENTLY WAITING FOR BREAKOUTSWell it just an idea of mine
To my own perspective I feel that if the price break above then the bulls take over
Goodluck India Educational Idea
Looking good
Buying zone and SL given in chart with cup and handle pattern
BUILD BEAR ABOUT TO GO BUILD A BULLNYSE:BBW
After a few quarters of consolidation, this one could be getting ready for a breakout of formation into the "SANTA RALLY"
QTR target of at least $30
** NOT NVESTMENT ADVISE**
NZDUSD Sell Breakout Bollinger Band Bounce With a set of Bollinger Bands with the Settings of
Period: 10
Deviation: 1.500
Shift: 0
Apply to: Close
EMA: 8
Shift: 0
Method: Exponential
Apply to: Close
Color: Red
EMA: 21
Period: 8
Shift: 0
Method: Exponential
Apply to: Close
Color: Green
When on the 1hour and 4hour time frame a candle stick touches the upper or bottom Bollinger band bounce and touch the middle Bollinger bang you have a good chance price will return and break through for longer shorts or buy at the market. use proper risk management and place stop loss at the session high!
SOL 4H - BREAKOUT TO 300$ ?! - MY PLANHey everyone, MM here
SOL 4H CHART - BREAKOUT TO 300$ ?!
I longed SOL today at 236$ and i will add more to my position if we enter in the support box.
I expect a big breakout which leads us to 270$-300$ very soon!
Updates will follow.
GBPJPY - Descending TriangleIf you are looking for shorting opportunity, this is 1 opportunity you have to keep a close eye on.
Descending Triangle is 1 of my favourite structure trading setup. There are 2 ways to engage it.
1. A touch of the upper trendline without closing above the trendline
2. A break and close below the support line and preferably closing below the lower shadow of the candlestick.
RBL Bank - Bullish Breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
PHUN: BREAKOUT CANDIDATEPHUN : low cap software company.
After forming a multi month bottoming base with a nice double bottom , I'm watching PHUN for a potential breakout of the 2.08-2.10 zone.
A break could take us to USD 4.92-5 zone.
Trade safe.
Enter after the breakout - AVADHSUGARForming a good pattern and retracing at 61.80%. Safe traders enter after the breakout in a day candle. Others can also accumulate from 400 and keep SL below the blue zone.
USD/CADUSD/CAD is going to Uptrend Bcz 2-time market successful in Breakout Red line means Long Term trend line and the Orange line is Define the Bullish Wedge Breakout
TRXBTC is testing the weekly resistance 🦐TRXBTC is testing the weekly resistance. If the price is going to have a breakout,
According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
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.
Btc back to 50k?Current market structure suggest price is currently trading within a descending triangle with a morning star pattern indicating a very bullish move which could break above the wedge, take a little dive before continuing towards the upside. This unless of course btc has anything to say😁
POND ascending trianglePond in ascending triangle, 3 times already was rejected from 0.169, and now lies on support trendline formed with this amazing run-up. Level 0.145 seems to be the local bottom and if it's lost we could open a short position. If the price breaks this significant resistance by 0.169 we could open a long position. Good luck traders
BTC aiming up now?In the immediate shot-term, BTC is coiling up for retest 46,6k, former support, now resistance. Formed ascending triangle on 30mins chart. A good sign is if BTC goes above and holds it, but if rejected again, could be seen as a bearish retest... and not so great sign... Indicators look descent for a possible move up. Good luck traders
DOGE out of spaceDOGE out of space soon in this triangle... will we see a move? Indicators look neutral right now, so we can only wait for it... Set alarms and catch it... Good luck traders
ATOM in ascending triangleAtom in a nice ascending triangle, Volume decreasing, RSI in descending trend. Ascending triangles are by default bullish, so we have more chance to go up from here. Could take some time before the move, but we have alarms for that. Set it and enjoy.
