Bitcoin - This Cycle Is Pretty Clear!Bitcoin ( CRYPTO:BTCUSD ) is still 100% bullish:
Click chart above to see the detailed analysis👆🏻
It is actually quite a surprise that we did not see new all time highs on Bitcoin for the past two months. However we had the same thing happening back in 2017 before Bitcoin actually finished the cycle with a parabolic blow off top. So we all know what is very likely to happen next.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Breakouttrading
Bullish Outlook on 4H Chart: Key Fibonacci Levels in Focus
AUDCAD appears bullish on the 4-hour chart, with the first resistance level (Level 1) at 0.90550. A breakout above this level could drive the pair toward the next key resistance (Level 2) at 0.91257, aligning with Fibonacci retracement levels.
Nasdaq - Starting The Final Parabolic Year!Nasdaq ( TVC:NDQ ) is perfectly following the breakout:
Click chart above to see the detailed analysis👆🏻
Back in 2020 we already witnessed the channel break and retest, which was followed by a parabolic rally of another +50%. And in mid 2024, the Nasdaq again broke the channel trendline towards the upside, preparing the repetition of the parabolic rally which we saw four years ago.
Levels to watch: $30.000
Keep your long term vision,
Philip (BasicTrading)
SBICARD – Descending Triangle Breakout 920 to 1100+ TargetSBICARD has been trading within a descending triangle pattern for an extended period, with lower highs and a strong horizontal support. This pattern is typically bearish but can lead to bullish breakouts when resistance is breached, as seen in this case.
Breakout Confirmation & Key Levels
Resistance Breakout:
The stock has successfully broken above the descending trendline resistance, indicating a potential trend reversal.
Buying Zone:
Above ₹800 – A sustained move above this level confirms the breakout.
Stop-Loss Level:
Below ₹750 – Any close below this level could invalidate the bullish setup.
Target Levels:
Initial Target: ₹920+
Projected Target: ₹1100+ (based on pattern height projection)
$NASDAQ:RGTI Pennant Pattern with 72% upsideNASDAQ:RGTI I'm revising an earlier post to clarify that this is actually a Pennant pattern that has formed for RGTI.
Entry Point:
Conservative - wait until the stock closes above $13.98, which should indicate a breakout.
Riskier - Anything above $12.03
Price Target:
The upside is 72% - $24.00
BTC / USDT : Breaking out from Trendline resistance BTC/USDT: Breaking Out from Trendline Resistance – Is the Next Bullish Rally Here?
Bitcoin (BTC/USDT) is making a strong move 📈 as it successfully breaks above a key trendline resistance zone 📊. After a period of consolidation, BTC is now showing signs of strength, potentially setting the stage for a major bullish rally 💥. If the breakout holds, we could witness a strong upside move in the coming days 🚀. Keep an eye on this breakout and wait for confirmation before making any decisions.
Key Insights:
1️⃣ Trendline Breakout: Bitcoin has finally cleared a critical trendline that has acted as strong resistance in previous attempts. Holding above this level could trigger significant bullish momentum.
2️⃣ Volume Confirmation: A surge in trading volume alongside the breakout will be a key confirmation of strong buying interest 🔥.
3️⃣ Bullish Momentum: Indicators like RSI and MACD are turning positive ⚡, signaling increasing bullish strength.
How to Confirm the Breakout:
✔ Candle Close: Look for a clear 4H or daily candle closing above the trendline 📍.
✔ Volume Surge: A noticeable increase in volume adds confidence to the breakout 📊.
✔ Retest as Support: If BTC successfully retests the broken resistance as a new support zone, it strengthens the breakout ✅.
✔ Beware of Fakeouts: Sharp reversals or long wicks above the trendline could indicate a false breakout ⚠️.
Risk Management Strategies:
🔒 Set stop-loss orders to manage downside risk.
🎯 Adjust position sizing to fit your overall trading strategy.
This analysis is for educational purposes only and not financial advice. Always do your own research (DYOR) before making investment decisions 🔍.
#ATOMUSDT further bullish movement📈 LONG BYBIT:ATOMUSDT.P from $4.842
🛡 Stop Loss: $4.800
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:ATOMUSDT.P is bouncing off key support at $4.800, confirming buying interest.
➡️ The price has broken through $4.842, which could trigger further bullish momentum.
➡️ POC is positioned lower, suggesting strong volume accumulation below, reinforcing the bullish trend.
➡️ Primary upside target: $4.905, followed by $4.960 if momentum continues.
⚡ Plan:
➡️ Enter LONG from $4.842 if price holds above this level.
➡️ Manage risk with Stop-Loss at $4.800 to protect against sudden reversals.
➡️ Main upside targets:
🎯 TP Targets:
💎 TP1: $4.905 — first resistance, potential profit-taking level.
🔥 TP2: $4.960 — next strong level for possible exit.
📢 If the price holds above $4.842, further upside toward $4.905 and $4.960 is likely.
📢 However, if it drops below $4.800, the bullish setup may be invalidated.
🚀 BYBIT:ATOMUSDT.P Expecting further bullish movement!
Breakout! The start of a major downside breakout? CADNOK has been consolidating since mid-2023. Price action has formed a clear symmetrical triangle on the weekly chart. The breakout is imminent.
With the CAD's future looking gloomy, the price may finally have the momentum it needs to break the consolidation. From a technical perspective, the price is coming off daily and 4-hourly moving averages.
#BNXUSDT - Expecting price decline📉 SHORT BYBIT:BNXUSDT.P from $0.4377
🛡 Stop Loss: $0.4502
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:BNXUSDT.P experienced a sharp pump, but after reaching $0.4735, signs of buyer exhaustion appeared.
➡️ The $0.4377 level now acts as a key resistance area. If the price fails to hold above it, a downward move is expected.
➡️ POC at $0.3045 confirms a high-liquidity zone, which could serve as a deeper retracement target.
➡️ High volume on recent candles suggests profit-taking by buyers, increasing the probability of a decline.
⚡ Plan:
➡️ Enter SHORT from $0.4377 if the price confirms rejection at resistance.
➡️ Risk management through Stop-Loss at $0.4502, above key selling pressure.
🎯 TP Targets:
💎 TP1: $0.3941 — first profit-taking level.
🔥 TP2: $0.3600 — next major support zone.
🚀 BYBIT:BNXUSDT.P Expecting a reversal and price decline!
📢 After a sharp price surge, BYBIT:BNXUSDT.P is showing weakness around $0.4377. It’s crucial to monitor this level for potential rejection.
📢 If the price breaks below $0.3941, further downside movement is likely, targeting $0.3600. However, if the price climbs above $0.4502, the short scenario could be invalidated.
#ONDOUSDT expecting further upside📉 LONG BYBIT:ONDOUSDT.P from $1.4891
🛡 Stop Loss: $1.4667
✅ Overview:
➡️ BYBIT:ONDOUSDT.P is trading in a consolidation range, forming a local support level around $1.3705.
➡️ POC (Point of Control) is at $1.3631 , indicating the area with the highest trading volume.
➡️ The price has broken a resistance zone and is now testing it as support, which could be a long entry signal.
➡️ If the asset holds above $1.4048, an upward move towards the next resistance levels is likely.
⚡ Plan:
➡️ Entering a long position at $1.4891 after confirming a hold above the key level of $1.4048.
➡️ Stop-loss is set at $1.4667 , below the recent support zone.
➡️ Expecting a bullish push with a target of $1.5699.
🎯 TP Targets:
💎 TP 1: $1.5699 – the first target level where partial profit-taking is recommended.
💎 TP 2: $1.6000
📢 BYBIT:ONDOUSDT.P shows signs of potential growth, but it’s crucial to monitor the $1.4048 level – a breakdown below could lead to further decline.
📢 Volume remains at an average level, indicating possible position accumulation before a move.
📢 To confirm a strong uptrend, price must hold above $1.4891 and successfully test the $1.5699 resistance level.
🚀 BYBIT:ONDOUSDT.P is shaping a bullish scenario — expecting a breakout and further upside!
Ethereum - We Will See This Breakout!Ethereum ( CRYPTO:ETHUSD ) is ready to catch up:
Click chart above to see the detailed analysis👆🏻
For the past couple of months, Ethereum has been retesting the previous all time high resistance and was actually not able to break it. However, following the rising channel pattern, the bullish break and retest and price action, the breakout is about to happen.
Levels to watch: $4.000
Keep your long term vision,
Philip (BasicTrading)
$NASDAQ:RGTI 57% Upside: Consolidation Breakout WatchNASDAQ:RGTI has been in a consolidation pattern for the past ~11 trading days. Creating a nice volume shelf of support. It continues to bump up to the line of resistance, but hasn't broken through.
Here's the trade:
Conditions:
The stock price closes above the line of resistance ($13.98)
Volume is relatively higher than recent bars (a spike)
Squeeze is firing indicating a positive release (light blue bars)
MACD has signaled a buy
Williams %R continues to ascend, preferably into the upper 20%
Entry: Anything above the 13.98 close.
Price Target:
$22.00 - 57% above the resistance line.
Note: There may be some resistance and pullback when trying to cross $17 and $20
Caution!
Quantum computing stocks have been volatile, so pay attention!
Gold Struggles at Trendline Resistance: What’s Next?Gold Weekly Analysis
Trendline Resistance:
Gold's price has repeatedly struggled to break above the rising trendline, signaling strong resistance in this area.
Support Zone Strength:
The previous resistance zone has flipped into a solid support level, providing a safety net for any pullbacks.
Next Move:
A breakout above the trendline could trigger a strong bullish continuation.
A rejection here may lead to a pullback, with support near $2,387 acting as the critical level to monitor.
Gold (XAU/USD) Surges Past 50% FIB – Is $2,000 Next?
📌 Key Breakthrough in Gold!
Gold (XAU/USD) has just blasted through the 50% Fibonacci retracement level, a critical discount zone where buyers historically step in. This breakout has triggered a wave of bullish momentum, pushing price towards key resistance levels.
🔎 Technical Breakdown:
✅ 50% FIB Breakout: Price has cleared this key retracement level, signaling strong buyer demand.
✅ Key Resistance Ahead: The $2,765 zone remains the next major hurdle—a breakout here could accelerate price toward $2,825.
✅ Support Zone: The $2,745 level serves as immediate support, acting as a potential pullback area.
✅ RSI Overbought? The RSI is approaching overbought conditions, meaning a short-term consolidation could occur.
✅ MACD Crossover Incoming? A bullish MACD crossover is forming, reinforcing the upward momentum.
⚡ What’s Next?
If gold holds above the 50% FIB level and breaks $2,765. with strong volume, a push toward $2,825+ could be in play. However, failure to hold this breakout could trigger a pullback to $2.700 or lower.
📊 Will gold continue its bullish run, or is a pullback incoming? Drop your thoughts below! 👇
🚨 This is not financial advice. Always do your own research before making trading decisions.
Beautiful breakout CRWD breaks perfectly out of a range and thus marks a new all-time high.
CRWD has been moving in a range with low volume since November 2024. Today is a perfect breakout. The breakout was confirmed under conspicuously high volume.
CRWD is also a top growth candidate in the hot cybersecurity sector. NASDAQ:CRWD
Nice and simple Breakout on high relative strengthFTDR is a pattern breakout .
Even with the S&P falling more sharply and the NASDAQ rallying, FTDR is able to breakout from a base today on good, rising volume. A breakout under these market conditions shows high relative strength.
The fundamentals also look good. EPS increased significantly by almost 50% in each of the last four quarters.
The homebuilding sector has been stronger in recent months, although the Fed's decisions this week may have a greater impact here.
True leader! I'll buy it.
GBP/JPY Tests Resistance Zone: Breakout or Rejection?GBP/JPY Analysis:
Trendline Support: The price is forming higher lows (HL), with the trendline providing strong support, maintaining a bullish structure.
Resistance Zone : A key resistance zone between 197 and 199.5 has caused multiple rejections (1, 2, 3), indicating a strong supply area.
Next Move: If the price retests the resistance zone and faces rejection, it may form HL5 near the trendline before another potential breakout.
Boeing is ready for next leg up to $200On December 10, 2024, we had a look at the weekly chart of NYSE:BA Boeing and it was a very good opportunity to get into this stock. Since then, we made over 20% in under one month.
After consolidating for nearly three weeks, we may have another chance to get in for the next leg up to $200. The only thing to worry about are the earnings on January 28. Those could have a huge impact on the stock price, but chances are the impact will be positive. Since 2024 was a very challenging year for Boeing with lower net orders booked compared to Airbus the comparisons are much easier to beat than it is for Airbus.
Boeing experienced a decline in various metrics last year. The company recorded 569 gross orders, representing a 61% decrease compared to the previous year. Cancellations increased by 50 units, mainly due to the anticipated cancellation of 135 jets ordered by Jet Airways. Net orders fell by 71% to 377 orders, and the net order value also decreased by 71% to $33 billion. This reduction in orders is attributed to the uncertainty surrounding Boeing's production schedule, which makes it less attractive for airplane orders. Deliveries fell by 34% to 348, and the delivery value decreased by 35% to $26.1 billion due to the grounding of the Boeing 737 MAX 9 and a subsequent strike.
If we assume no further crashes or problems with Boeing aircrafts the numbers are easier to beat, and we come from a very low base. In addition, most analysts are quite conservative right now.
Looking at the technical setup we just bounced from the 0.382 fib from the current upward movement. Below the fib we have another support at around $160 as well as a resistance at $200 with an open gap. Assuming no surprises during the earnings we’re up for another leg up to $200 (15% ROI).
Target Zones
$198-200
Support Zones
$165
$160