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Breakpoint

BTCUSDT Igniting the final bearish leg of this cycleThe price action is telling me that the next macro swing-downward, probably the last leg-down of this cyclical bear market is igniting. Now, after a retrace of the "thrust-false break" to the weekly supply in an greedy extensive wave v, the shape of this retracement triangle is indicating a reliable reversal point. On the other hand, the bears are slowly taking control and the price will not return to the "upthrust". The minute pattern points to demand, which is a expected retrace for the main triangle. I'm considering this peak as a head of a potential head & shoulders formation on macro.
Short
by firmestudio
A nice trading idea on AMC! 🤑Yes, we have something nice going on here! The breakpoint is the 49.79, and AMC has this weird RSI with some good divergences. We are just at a support level in the 4H chart, doing a good candlestick pattern. If AMC triggers the buy sign, the 65 will be the target! Let’s pay attention to these signs! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
NYSE:AMC
by UnknownUnicorn21312077
Keep an eye on the next breakpoint! 👁It seems the 615 area and the 20ma are holding the price nicely, but TSLA must wake up and do a good movement this week, otherwise, it could drop again to the 600 area. The 615 was our first breakpoint, but now we have a second one. The 622 is the new breakpoint for Tesla, and if it breaks it for good, then it’ll hit our target at 635. The RSI still shows an advanced breakout, but Tesla must not drop too much from here. The stock already frustrated some AB in the past. Again, the 622 is the breakpoint. Meanwhile, you guys know that my stop-gain is around the 600s, so, there’s no way we are going to lose money here. I’ll keep you guys updated. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:TSLA
by UnknownUnicorn21312077
3
Balancer BALUSDT ready for a breakoutHello all, A quick trading idea here: It concerns Balancer's BAL token, which is now back into the macro uptrend channel after making a 37% retrace from its all time high back down to the demand zone near $45. I will be looking for a breakout in the current around the diagonal resistance on the 4-hour timeframe: 4-hour candle closure above $55 is our trigger. I have placed 3 targets on the chart based on the last visited high and the Fibonacci extension + the target % for the triangle pattern breakout. Cheers,
Long
by FutureBlockchain
2
Stellar signaling a buy on dip sentimentPrice broke the black 61.8% Fibonacci level back in early August and then tested the same line as resistance on a pullback to the line. Selling interest came on to drop the price to the full retracement, as expected post-pullback. Now the price has reversed and busted the red trend line to the upside. The target for this break is marked with arrows and we are also marking this point as resistance 2. First resistance is being tested at the red 61.8% level as price slips on profit-taking. Look for buying interest to be found on this drop to support, which likely will come in around the previous black 61.8% Fibonacci level. The bull move should resume after a test of the black 61.8% level to get back on pace to reach the upside objective. If price breaks even lower, underneath the black 61.8% level, then look for a move all the way back to the breakpoint or support 2. Weekly S/R Critical Resistance: $0.3308 Key Resistance: $0.2870 Key Support: $0.2457 Critical Support: $0.2071
BITFINEX:XLMUSDShort
by CryptoMarket360
2
XRP likely to see more profit-taking this weekPrice broke lower bearish trend line resistance and rallied higher last week. The upside target for the breakout (marked with black arrows) hit and found selling interest, or likely profit-taking near the objective. Selling interest also came in as the next upper red bearish trend line was tested. Price is slipping lower and is likely to test the red 61.8% Fibonacci level (.4695) as support this week. Indicators show this level holding if tested, but if momentum starts to switch back to the bears while price approaches the golden ratio, look for a drop all the way back to the breakout point or support 2. Weekly S/R Critical Resistance: $0.7972 Key Resistance: $0.6125 Key Support: $0.4695 Critical Support: $0.3171
BITFINEX:XRPUSDShort
by CryptoMarket360
2