Breakout
EIGEN - Box is brokenBINANCE:EIGENUSDT (1h CHART) Technical Analysis Update
EIGEN is currently trading at $3.578 and showing overall bullish sentiment sentiment
Price was trading inside the box for couple days and expecting to breakout from the box soon. There is a good potential for long trade here.
Entry level: Candle close above $3.68
Stop Loss Level: $ Below 3.204
TakeProfit 1: $3.875
TakeProfit 2: $ 4.180
TakeProfit 3: $ 4.592
TakeProfit 4: $ 5.035
TakeProfit 5: $ 5.612
Max Leverage: 5x
Position Size: 1% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
Looking for a leap play on NKE! 🔉Sound on!🔉
📣Make sure to watch fullscreen!📣
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
ACH ANALYSIS📊 #ACH Analysis
✅There is a formation of Descending Channel Pattern in daily chart with a breakout of Descending. We would see a good price moment in few weeks if breakout sustains here 🧐
👀Current Price: $0.02740
🚀 Target Price: $0.03150
⚡️What to do ?
👀Keep an eye on #ACH price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#ACH #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
correction on my last post Solana Nearing $200: A Potential Day Solana is on the verge of hitting the $200 mark if there is a breakout. For day traders, this could be a great chance to lock in some profits. I’m planning to wait briefly after the breakout to see if it’s just a fake breakout. If the price continues to rise, I’ll open a long position and aim to close it at $200. My stop-loss is currently set at $183 and will be adjusted based on price action, so it eventually moves into positive territory.
What’s your take on this? Let me know!
Stay tuned, and I’ll catch you in the next one — peace!
Solana Nearing $200: A Potential Day Trader’s OpportunitySolana is on the verge of hitting the $200 mark after breaking out. For day traders, this could be a great chance to lock in some profits .
I’m planning to wait briefly after the breakout to see if it’s just a fake breakout. If the price continues to rise, I’ll open a long position and aim to close it at $200. My stop-loss is currently set at $183 and will be adjusted based on price action, so it eventually moves into positive territory.
What’s your take on this? Let me know!
Stay tuned, and I’ll catch you in the next one — peace!
TRUST - Much more high to put in yetTRUST looks like a great coin that has a really nice strong, positive trajectory ahead. It's strength looks like its coming from a very strong, solid foundation from Elliot Waves with the first impulse of higher degree of trend 1 being put in. The long, slow, churn we've seen of late is very typical of an Elliot wave 4. So, it we can see a higher high that will give us confirmation that we're on the road to complete wave 5 of 1, which by all accounts is likely to match the distance travelled of 1. Good luck and follow for more.
Bitcoin - Please Look At This Timeframe!Bitcoin ( CRYPTO:BTCUSD ) is still totally bullish:
Click chart above to see the detailed analysis👆🏻
Please just make sure, that you don't trust Bitcoin with its daily swings of more than -5%. Looking at the overall picture, Bitcoin is still incredibly bullish and almost trading at its all time high. Bulls are 100% in control of everything and some profit taking along the way is just normal.
Levels to watch: $70.000, $100.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
SOL/USDT Outlook: Will We See a Bullish Bounce or Another DowntuThis was the analysis I’ve been using for my SOL/USDT trades over the past few weeks. I believe that in the next few days we’ll see whether Solana turns bullish again or if there’s another downturn. However, I’m confident that several support levels will bring Solana back around and push it higher. If that happens, I’ll go bullish on SOL.
On top of that, I’ll be posting more of my daily (or weekly) trades to keep you updated on what I’m doing. I’ll also share where I see SOL heading.
What do you think, tell me?
Stay tuned and I’ll catch you in the next one — peace!
Potential Upside Ahead for USD/CHF: Watch This ZoneUSD/CHF is trading within a rising wedge pattern, approaching a key resistance level around 0.9020. A breakout above this zone with confirmation could lead to further bullish momentum.
However, if the price fails to sustain above the wedge, a pullback toward the lower trendline or previous support zones is possible
DYOR, NFA
Master High-Probability Breakouts with the GOLDEN Trading SystemWelcome to the GOLDEN Trading System (GTS) – a custom-designed strategy tailored for traders seeking high-probability breakout opportunities. Built on the foundation of TradingView's powerful indicators, GTS focuses on leveraging Camarilla Pivot Levels (H3-H4 and L3-L4) to spot and act on potential market trends. Whether you're a beginner or an experienced trader, this system simplifies the complexity of technical analysis, giving you an edge in the markets.
Core Elements of the Strategy.
1. Key Levels to Watch:
Green Band (H3-H4):
Represents a resistance zone where bullish breakouts are likely to occur. A confirmed breakout above H4 often leads to a strong upward trend.
Red Band (L3-L4):
Acts as a support zone, signaling potential bearish moves when broken. A confirmed breakdown below L4 generally triggers a downward trend.
2. The Breakout Concept:
When the price crosses either of these bands, it indicates a potential shift in market dynamics:
Bullish Breakout: Price breaks above the Green Band, suggesting buyers have gained control.
Bearish Breakout: Price breaks below the Red Band, signaling sellers have the upper hand.
Why This Strategy Works?
High Probability: Camarilla Pivot Levels are widely respected by traders, making breakouts from these zones more reliable.
Trend Confirmation: The system minimizes false signals by focusing on specific breakout levels instead of broader zones.
Clear Entry/Exit Points: You can easily determine when to enter a trade and set stop-loss or take-profit levels.
How to Use the GOLDEN Trading System?
Identify the Bands: Look for the Green Band (H3-H4) and Red Band (L3-L4) on your chart.
Watch for Breakouts:
Enter a long position when the price closes decisively above the Green Band (H4).
Enter a short position when the price closes decisively below the Red Band (L4).
Manage Your Risk:
Use the opposite band (L3 or H3) as a stop-loss level to protect your trade.
Consider trailing your stop-loss as the trend progresses.
Add Confirmation: For greater accuracy, combine this strategy with other tools such as volume spikes, candlestick patterns, or higher timeframe trend analysis.
Case Study Example:
Take a closer look at the chart provided:
The price broke below the Red Band (L3-L4), confirming a bearish breakout.
Post-breakout, the price continued its downtrend, offering a high-reward opportunity for short-sellers.
By adhering to the system's clear breakout rules, you could have entered the trade early and capitalized on the trend with confidence.
Benefits of the GOLDEN Trading System:
Simplicity: Focuses on straightforward rules, making it beginner-friendly.
Consistency: Reduces emotional trading by adhering to defined breakout zones.
Scalability: Works across multiple timeframes and markets, including indices, stocks, and commodities.
Pro Tip for Advanced Traders:
Combine GTS with volume analysis, RSI divergence, or moving averages to add layers of confirmation to your trades. This helps filter out false breakouts and improves your win rate.
Join the GTS movement and elevate your trading game today! Share your feedback, results, and tweaks to make the strategy even better. Happy trading! 🚀
$NASDAQ:RGTI breaking out of a bullish flagNASDAQ:RGTI appears to be breaking out of a bullish flag with ~$14 Price Target (PT).
Awaiting confirmation on volume, but 100M shares have traded 2 hours into the trading day, which matches recent daily volume. Long story short... looks like there's going to be a lot of volume today.
As I get closer to the PT, I'll set up a trailing stop to help maximize profits/minimize loss.
Good luck!
$NYSE:BBAI Double and Triple Bottoms with positive indicatorsThanks to @Money_Wins_Honey for getting this on my radar.
NYSE:BBAI is showing double and triple bottoms in the weekly as well as daily chart. The price targets are $8.43 and $12.96.
Here are my positives that support this trade:
The volume has been really going through the roof
Williams %R it tracking higher lows
It's in the AI space so it's HOT right now
Entry Points:
Higher Risk - Now, and place a stop below $3.00 (that's the current shelf that's being formed)
More conservative - wait until after breaking the double bottom resistance line (closing above $4.81)
Exits:
Double Bottom PT - $8.43
Triple Bottom PT - $12.96
Good Luck!
$NASDAQ:LCID Monitoring for a 168% breakoutWatching Lucid for a breakout from its falling wedge pattern. This may retest the support at ~$3.20 before breaking out.
Entry: ~3.30
Confirmation: A spike in volume and a good % uptick in the price.
Stop loss: 200 day moving average (~$2.92)
Price Target: 8.84
USDCHF - 2 SCENARIOSHello Traders !
On Wednesday 18 Dec, The USDCHF reached the resistance level (0.90504 - 0.90114).
So, We have 2 scenarios:
BULLISH SCENARIO:
If the market breaks above the resistance level and closes above that,
We will see a bullish move📈
TARGET: 0.91250🎯
BEARISH SCENARIO:
If the price breaks and closes below the higher low (0.89137 - 0.89282),
We will see a huge bearish move📉
TARGET: 0.87900🎯
USDT.D Testing Critical Resistance: Breakout or Pullback?USDT.D has recently broken out of a falling wedge pattern, indicating a potential shift in momentum. The price is currently testing a critical resistance zone near 4.30%. A breakout above this level could signal further dominance for USDT, suggesting risk aversion in the crypto market.
If the resistance holds, a pullback toward the 4.20% support zone is likely. However, a confirmed breakout could lead to a continuation of the upward trend, potentially targeting the 4.40% level.
DYOR, NFA
VANA - Strong Breakout#VANA/USDT #Analysis
Description
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+ VANA has successfully broken out from the resistance zone
+ We see strong bullish candles with decent volumes. I'm expecting this bullish momentum to hold.
+ I see a good trade opportunity here, i'm entering a small position here.
Entry: 22.2
SL: 18.2
TPs: 24, 26, 30, 33
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Bitcoin - Playing around weak support#BTC/USDT #Analysis
Description
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+ Currently bitcoin is trading around its support zone of 95K and this is weak support which held and broke multiple times.
+ Strong resistance for bitcoin is around 92K, if bitcoin falls to this level, we can expect the support to hold.
+ I'm expecting a drop in price with a wick to touch 92K and bounce back immediately.
+ If bitcoin breaks below 92K then we can expect further crash to 80K level.
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Bitcoin [BTC] - Trading Inside the Channel. Breakout when ?#BTC/USDT #Analysis
Description
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+ Bitcoin is currently trading inside the channel and price is around the support zone
+ Price touched support zone multiple times and this is the third touch of the resistance
+ I'm expecting the price to bounce back from this support zone.
+ If the price fails to hold the support then our idea is invalidated.
+ A bounce back from the support of the channel will push the price above 100
Follow the trade details in the chart.
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Solana - It Just Looks Super Bullish Now!Solana ( CRYPTO:SOLUSD ) is creating a break and retest:
Click chart above to see the detailed analysis👆🏻
With the last monthly candle of more than +40%, Solana broke all resistance towards the upside and finally created a new all time high. Now we are seeing the perfect retest of the previous resistance which is now turned support and another strong move higher is absolutely possible.
Levels to watch: $200, $400
Keep your long term vision,
Philip (BasicTrading)