Xrp - The First Of Two Massive Breakouts!Xrp ( BITSTAMP:XRPUSD ) is still creating bullish structure:
Click chart above to see the detailed analysis👆🏻
Despite the overall crypto market weakness Xrp is still holding and even rejecting the lower support trendline of the symmetrical triangle pattern. Xrp also created another short term triangle within the long term triangle, so two major breakouts might happen pretty soon.
Levels to watch: $0.6, $1.0
Keep your long term vision,
Philip (BasicTrading)
Breakouttrading
The Impact of KULR's Investment & Israel's Bitcoin Mutual FundsThe cryptocurrency market, particularly Bitcoin ( CRYPTOCAP:BTC ), has seen significant movements recently, influenced by both institutional buying and regulatory developments. Two key events stand out: KULR Technology Group's substantial investment in Bitcoin and the upcoming launch of Bitcoin mutual funds in Israel.
Technical Analysis:
Bitcoin experienced a notable "spiral movement," reaching a peak of $99,000 before a sharp 4% dip, settling at around $95,481.85. This volatility can be attributed to immediate market reactions to news like KULR's purchase of 217.18 BTC for about $21 million. The Relative Strength Index (RSI) at 44 indicates a potentially weak growth pattern, suggesting that Bitcoin might be overbought in the short term, prompting traders to be cautious.
The 24-hour trading volume of over $46 billion points to significant interest, yet the downward trend in price despite high volume might signal profit-taking or a shift in market sentiment. This could be interpreted as a consolidation period following a rapid ascent, with investors possibly waiting for more clarity or another catalyst.
The current trend for Bitcoin appears weak, as observed from the RSI and the market's reaction to new institutional investments. This might suggest a period of stabilization or correction is on the horizon before the next potential bull run.
Institutional Adoption
KULR Technology's decision to allocate up to 90% of its surplus cash into Bitcoin, following in the footsteps of giants like MicroStrategy, underscores a growing trend of corporate treasuries diversifying into cryptocurrencies. This move not only legitimizes Bitcoin as an asset class but also potentially influences its price through increased demand.
Regulatory Developments in Israel
The introduction of six Bitcoin mutual funds in Israel, set to launch on December 31, 2024, is a pivotal moment for crypto investments in the region. This development aligns with global trends where regulatory clarity often leads to increased institutional investment. The funds, managed by well-known firms, will offer investors a regulated, less volatile way to gain exposure to Bitcoin, potentially driving further adoption and demand.
The U.S. SEC's approval of spot Bitcoin ETFs earlier in the year has set a precedent, showing that with regulatory support, Bitcoin can attract significant institutional capital. Israel's move might follow this path, enhancing the perception of Bitcoin as a legitimate investment asset, not just a speculative one.
Economic Implications
By allowing transactions in shekels, these funds bridge the gap between traditional and digital finance, making Bitcoin more accessible to the average investor. This could lead to broader economic implications, including increased liquidity for Bitcoin and possibly influencing the digital shekel's development.
Conclusion:
The combination of KULR's bold investment strategy and Israel's innovative approach to Bitcoin through mutual funds paints a picture of a maturing market. Technically, Bitcoin might be facing short-term headwinds, but fundamentally, these developments suggest a robust future. Investors should watch for how these factors play out in terms of price stability, regulatory responses, and further institutional involvement. The narrative around Bitcoin continues to evolve from a digital currency to a recognized financial instrument in both corporate and national strategies.
POND/USDT: Small Waves , Big Ripples, Targeting 20%,60%,100%+To examine POND/USDT for both immediate and long-term prospects:
Key Findings from the Chart: Signal for Trend Reversal:
A possible upward advance is indicated by the most recent green "Buy" indicator.
Because the price is above short-term EMAs, bullish momentum is supported.
Encouragement and Opposition:
Support: The yellow line, or 0.01730, is a strong support.
0.01671 is secondary support.
Resistance: 0.0260 is the immediate resistance.
notable resistance at historical values of 0.03019 and 0.03490.
Momentum & MACD:
Bullish momentum is shown by the increasing green bars on the MACD histogram.
MACD line crossovers are conducive to continuation.
Objectives:
Short-Term Objective:
20 percent first TP: 0.0275.
Entry between current levels of 0.0225 and 0.0230.
Stop Loss (SL): Below the current support level of 0.0170.
Mid-Term Goal:
60 percent second TP: 0.0340.
Long-Term Goal:
100 percent third TP: 0.0420.
In the long run, we can expect significant gains of 150%–200% if the price breaks over 0.0420.
Approach:
Short-term traders should tighten their stop loss at 0.0200 and buy close to 0.0225 with a goal of 0.0275.
Mid-Term Investors: Build up on declines around 0.0173-0.0180 in order to reach 0.034.
Long-Term Holders: For higher returns, wait for a possible breakout over 0.0420.
Risks: Bearish emotion could resurface and render the setup useless if the price drops below 0.0167.
POND/USDT: Small Waves , Big Ripples, Targeting 20%,60%,100%+To examine POND/USDT for both immediate and long-term prospects:
Key Findings from the Chart: Signal for Trend Reversal:
A possible upward advance is indicated by the most recent green "Buy" indicator.
Because the price is above short-term EMAs, bullish momentum is supported.
Encouragement and Opposition:
Support: The yellow line, or 0.01730, is a strong support.
0.01671 is secondary support.
Resistance: 0.0260 is the immediate resistance.
notable resistance at historical values of 0.03019 and 0.03490.
Momentum & MACD:
Bullish momentum is shown by the increasing green bars on the MACD histogram.
MACD line crossovers are conducive to continuation.
Objectives:
Short-Term Objective:
20 percent first TP: 0.0275.
Entry between current levels of 0.0225 and 0.0230.
Stop Loss (SL): Below the current support level of 0.0170.
Mid-Term Goal:
60 percent second TP: 0.0340.
Long-Term Goal:
100 percent third TP: 0.0420.
In the long run, we can expect significant gains of 150%–200% if the price breaks over 0.0420.
Approach:
Short-term traders should tighten their stop loss at 0.0200 and buy close to 0.0225 with a goal of 0.0275.
Mid-Term Investors: Build up on declines around 0.0173-0.0180 in order to reach 0.034.
Long-Term Holders: For higher returns, wait for a possible breakout over 0.0420.
Risks: Bearish emotion could resurface and render the setup useless if the price drops below 0.0167.
USOIL BREAKOUT SELL TRADE (READ CAPTOIN)Hi trader's. What do you think about usoil
Current price: 70.40
Usoil breakout sell trade and h1 3 candle open and close bullish. Usoil support 70.00. and 69.80
Support zone: 70.00-69.80
Demand zone: 71.50
I placed the remaining target in the details in the chart
Please don't forget to like comment and follow
FTT Breaks Out: Bullish Trend Targets 4.00+ FTT has broken out of a symmetrical triangle and is consolidating above a key support zone.
The ascending trendline supports the bullish structure, with potential upside toward $4.00+.
The bullish trend remains intact as long as the price holds the trendline.
Can DXYZ Reach $199? Here’s How!Good morning, trading family!
DXYZ is at an important point, and here’s what could happen:
-If the price breaks above $62.74: We’re looking at a first target of $127, with the potential to climb to $199 or higher.
-If the price falls below $56.12: We could see a drop to levels between $43-$46.
This is a setup worth watching. Let’s stay sharp and trade smart!
Wellness Tips of the Day:
Eat brain-boosting snacks: Reach for a handful of nuts, some fresh fruit, or a piece of dark chocolate to keep your energy and focus steady throughout the day.
Comment, like, follow, or send me a message if you want more details on this analysis!
Kris/Mindbloome Exchange
Trade What You See
Amazing breakout on Weekly Timeframe - PAYTMCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly Timeframe - BLSCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly Timeframe - MAHSEAMLESCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly Timeframe - PAGEINDCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly Timeframe - KPRMILLCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
$NASDAQ:QUBT bullish pennant formation NASDAQ:QUBT is showing a bullish pennant formation which started after they released earnings (November). The price target if the pattern completes is ~$16.
Entry points:
The more conservative entry is above $8 after confirmation of a breakout (relatively higher volume, etc.)
Note:
Pennants (triangular in shape) can turn into flags (rectangular parallelogram). Both of which are bullish, but the flag can continue downwards making them look like they’re breaking down. All of this to say buying early and setting stops is more tricky. You’ll need to establish a stop based on your own comfort with risk.
Good luck!
Amazing breakout on Weekly Timeframe - LORDSCHLOCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly Timeframe - RVHLCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly Timeframe - ORBTEXPCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Amazing breakout on Weekly Timeframe - CENTUMCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
SWING IDEA - EXCEL INDUSTRIESExcel Industries , known for its expertise in manufacturing specialty chemicals, is setting up for a possible swing trade with supporting technicals.
Reasons are listed below :
Breaking out 1600 Zone : The price has tested this level multiple times and is now set to potentially break through, signaling strength.
Trendline Breakout : A breakout following a period of consolidation at the higher end of the trendline suggests momentum building.
Highest Weekly Close Since 2019 : The recent price action reflects significant bullishness, closing at levels not seen in years.
Intact Trend : The formation of higher highs and lows indicates that the bullish trend remains solid.
Trading Above 50 and 200 EMA : The price action above these key moving averages on the weekly timeframe points to continued positive sentiment and support.
Target - 1920 // 2130
Stoploss - weekly close below 1425
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@visionary.growth.insights