Breakout!
BTCUSDT Active Range BreakoutThis is an active range breakout on BTCUSDT that i'm going to be trading.
It may not work, but with higher TP then SL you can afford to have a lower percentage of profitable trades as the wins well outweigh the losses.
As you can see the range has been broken with HIGH VOLUME CANDLES. This is what we were waiting for, not like the first break of range that didn't have the BIG CANDLE moves i'm looking for.
I'm looking to TAKE PROFIT at the next large key RESISTANCE ZONE. It is a very large percentage so it's probability of hitting is low, but the potential reward far outweighs the risk.
I can RISK MANAGE in several ways. I can move the STOP LOSS TO PROFIT once the trade has good gain to safely lock in. I can use MULTI TAKE PROFITS, to take profit several times before taking 100% of TRADE CAPITAL. What I like to do is use 25% of my portfolio but use higher leverage, so i effectively trade the same amount as 100% my portfolio whilst having 75% free to take OTHER TRADES. If you do this WATCH YOUR LIQUIDATION PRICE.
SAND ANALYSIS (breakout trading)🔮 #SAND Analysis - Breakout 🚀🚀
💲💲 In daily timeframe, falling wedge breakout is rone✅
Ready for a breakout in #SAND but right now we can see that #SAND is trading in its crucial resistance zone and if #SAND breaks the resistance zone then we would see a bullish move 💯🚀
💸Current Price -- $0.2929
📈Target Price -- $0.4700
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#SAND #Cryptocurrency #Breakout #DYOR
Trade Setup: GRT Long PositionMarket Context:
GRT is currently breaking out of the top of its range support level, offering an opportunity for a potential long position if this breakout is confirmed.
Trade Setup:
Entry: Long trade between $0.15 and $0.16.
Take Profit:
First target: $0.20
Second target: $0.247
Stop Loss: Close under $0.1445.
📊 This setup takes advantage of the breakout opportunity while managing downside risk with a tight stop loss. Keep an eye on the breakout confirmation for a solid entry. #GRT #CryptoTrading #Breakout
MATICUSDT - The Perfect Breakout MATICUSDT is trading at key areas, previously starting on 8th August it was trading in a range, which as you may know is a BAD time to enter, we need big volume candles either sell or short side, causing a definitive move.
WE DO NOT ENTER RANGES UNTIL BREAKOUT.
Here we can see that MATICUSDT was trading at a range of 0.43 - 0.39 for approximately 12 days. Then the magic happened, it finally had it's breakout.
Notice how the candles on the breakout were huge VOLUME CANDLES, that is exactly what we are looking for to enter trades.
This is a fantastic trade to learn from, take your time, the trade will come!
EURUSD Long - term outlookEURUSD Long - term outlook
This is a Daily chart for the EURUSD. With the most recent increase, EURUSD managed to break out to the up side of a massive Triangle that's been forming since January 2024
At this stage the price has produced an effective breakout as it has closed a few candles above the resistance line
There are 2 additional confluences that support a possible increase - The 20, 50 and 200 EMAs align to indicate a possible beginning on an up trend and the MACD is indicating Bullish continuation
The price can continue up targeting 1.11 and 1.125 in extension but this might as well be a false breakout and the price may reverse down again aiming at the 1.07 levels
The way that you can increase your chances for success are by looking at a smaller time frame
XLM is on the verge of a nice breakout!There’s an incredible Cup & Handle breakout about to occur with XLM. Keep in mind that this is the hourly chart, so this particular Cup & Handle pattern is better suited for short-term day trades and is not an indicator of a longer-term breakout.
Good luck, and always use a stop-loss!
GMT ANALYSIS (breakout)🔮 #GMT Analysis - Breakout Trading 💰💰
🌟🚀 #GMT was trading in a Ascending Triangle Pattern and here we can see that #GMT gave a great breakout. We can expect a long rally in #GMT if it sustain this breakout.💲💲
🔖 Current Price: $0.1170
⏳️ Target Price: $0.1370
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀
#GMT #Cryptocurrency #Breakout #DYOR
BTCUSDT.P Range Preparing For BreakoutBased on technical analysis of the candlestick charts, I believe that BTCUSDT is in a range period, where it's continued to fluctuate around 56-62K for weeks.
It's accumulating liquidity to produce a large breakout move.
The key to mastering this move is watching and waiting to see big volume candles either breaking out of support or resistance, then tailoring your entry based on the outcome of the move.
It is definitely NOT advisable to trade during this range, always look for a big volume candle('s) before entering any trade, otherwise you're entering in the dark.
ALWAYS HAVE AN EXIT PLAN before you enter a trade, whether it's a SL or another tactic, risk management is super important.
ALPHAGEO Strong Fundamental Turn-Around Story NSE:ALPHAGEO
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Incorporated in 1987, Alphageo Ltd
provides Geophysical Seismic Data
Acquisition, Processing and Interpretation
Services for exploration of hydrocarbons
and minerals
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Company is almost debt free.
Stock is trading at 1.03 times its book value.
Company is expected to give good quarter.
Company has been maintaining a healthy dividend payout of 473%.
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Due to effect of monsoon in several parts of India, only 4 seismic crews worked in the month of October 2019,
with an addition of another 5 crews in the month of November 2019. The NSP Project on Sedimentary Basins of
of Ganga-Punjab Area with Oil and Natural Gas Corporation Ltd. has been completed in the first week of January
2020.
• The field acquisition stage of the Project of Geophysical Mapping Survey for mineral exploration with Geological
Survey of India has been completed. The processing, interpretation and submission of deliverables is in progress.
• The Project for MECL is completed during the quarter ended 31st December, 2019
• No new orders were received during the quarter under review.
• Order on hand as on 31st December, 2019: INR 160 Cr (inclusive of taxes)
MMTC Non Profitable PSU showing MULTI-YEAR BreakoutNSE:MMTC
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As A Research Analyst ... It is Not an Good Practice to Suggest anyone to invest in Non-Profitable and Loss Making Company....
Every Fundamental Numbers are Either Negative or Not-Satisfying .......
but if we See in Terms of Technical Analysis....
MMTC is Showing Long-Multi-Year Breakout....
so Going with Defined Risk... keeping an Decent Percentage of SL ...
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MMTC, a public sector undertaking, was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. It is under the administrative control of the Ministry of Commerce & Industry, and Government of India and is engaged in trading across minerals, metals, precious metals, agro products, fertilizers & chemicals and coal & hydrocarbons.
Tesla - Possibility Of A BreakoutNASDAQ:TSLA can break out soon:
Over the past two weeks we saw an incredible stock market rally and also Tesla completely reversed the flash crash which we saw in the beginning of August. It is still quite possible that Tesla will break out of the long term triangle and immediately head back to the previous highs.
Levels to watch: $230, $400
Click chart above to see the detailed analysis👆🏻
Keep your long term vision,
Philip (BasicTrading)