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Supportbreakout

Intel - Retest, reversal and rejection!NASDAQ:INTC has been establishing a slight bullish trend over the past couple of years. A clear trend is the basis of every profitable trade, right? Yes and no. You should primarily focus on trading trends and entering positions during such phases. But Intel is a textbook example of a range bound stock; still there are trading opportunities everywhere. Currently Intel is retesting support and is starting to reverse towards the upside. But please: Manage your risk properly. Levels to watch: $30, $45 Keep your long term vision, Philip - BasicTrading
NASDAQ:INTCLong
by basictradingtv
3
Mastering Support & Resistance This video dives into the fundamentals of support and resistance, the cornerstones of technical analysis. We'll cover: ** Identifying trends:** Learn how to spot bullish and bearish trends using higher highs/higher lows (HH/HL) and lower highs/lower lows (LH/LL). ️** Support & Resistance Levels: Discover how to pinpoint key price levels where the market may bounce or reverse, creating potential trading opportunities. ** Fibonacci: Unlock the power of the Fibonacci retracement to identify high-probability trade entry points at the 61.8% level.
Education
by tradingwithanthony
AAVEUSDT is testing the support The price is testing the monthly support on 110 $ level, it's a key level. On the daily timeframe the price got a rejection from the 0.618 Fibonacci level, it's a key level for the market and now the price is testing the previous support. How to approach? IF the price is going to lose the support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
XMRUSDT needs to hold the dynamic support! the price tested again the 0.786 Fibonacci level on the monthly timeframe and have a breakout from the descending channel on the weekly timeframe. As you can see the price has a confluence on 227$. On the 4h timeframe the price created a descending channel had a breakout but without momentum. So How we can approach it? If the price is going to loose the support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
XShort
by InkyGrip
ZILUSDT wants to retest the monthlty support?The price is testing the weekly resistance after a bounce on the monthly support on 0.34% Due the news the price had a bullish impulse. on the daily timeframe the price lost the previous support as new resistance and now the price is testing it. on the 4h timeframe, the price is testing the daily and 4h support. How we can approach it? The price could have a new rejection from the daily resistance and retest the previous monthly support where the reaction began. –––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Short
by InkyGrip
8
KCSUSDT is testing the 4h Support The price had a nice breakout from the monthly support and retested it as new resistance. On the daily timeframe the price is creating a descending channel below the weekly resistance. On the lower timeframe the price is testing the 4h support. How to approach? IF the price is going to lose the support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
8
KCSUSDT is testing an important supportThe price had a rejection from the monthly and after a breakdown from the weekly support on 19.84$ the price went to retest the daily support on 17,8$. On the 4h timeframe, the price got a rejection from the previous 4h support now new resistance on 18.6$ How to approach? The market is testing important daily support on 17.80$, the price bounced several times on that level. IF the price is going to lose the support and flip as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
6