HIVE/USDT Breaks Multi-Year Triangle: Bullish Momentum Ahead?HIVE has broken out of a multi-year symmetrical triangle pattern on the weekly timeframe, with the price currently trading at $0.4456. It is now well above the 50-week EMA, which provides dynamic support around $0.28.
This breakout signals a strong bullish move, with potential resistance targets at $0.50 and $0.65. Watch for a retest of the breakout level for possible re-entry opportunities.
Breakouttrading
Amazing breakout on Weekly Timeframe - JUBLFOODCheckout 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!
QNT Breaks Out! Is a 64% Rally on the Horizon?QNT/USDT has broken out of a descending triangle, signaling a potential bullish move. If the breakout holds, the price could target a 64% upside, as projected by the measured move.
Watch for a retest of the breakout level and triangle support for confirmation.
Amazing breakout on Weekly Timeframe - GREAVESCOTCheckout 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!
USD/JPY on the Verge of a Breakout: Key Levels to Watch!USD/JPY is encountering resistance at the trendline, previously a support level. The price attempted to break through earlier but faced rejection. Now, it is approaching the resistance level again, showing breakout potential.
We anticipate a possible breakout above the resistance trendline. A key support zone, marked in grey, provides a critical level to watch for pullbacks or reversals. Monitor price action for confirmation.
DYOR, NFA
EUR/USD Breaks Resistance Barrier: Next Target in SightEUR/USD has successfully broken above the blue descending trendline resistance, signaling potential bullish momentum.
The next target to watch is the red trendline resistance, which could act as a key barrier. If the price sustains above the breakout level, further upside toward the red line is likely.
Monitor for a strong daily close above this breakout zone for confirmation.
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:LUNR Ready for a 60% upside double bottom patternNASDAQ:LUNR there's a ~60% upside on this play.
Lunr has broken through a previous resistance point (~$14.00) and should be on track to reach the Price Target (PT) for completing a double bottom pattern ($24.41)
Entry : anything above $14, with positive direction indicators
Stop : $13.45 - heading below the ~14 resistance (now our support) is not ok, but should not dip into the lower volume pocket.
Exit : Take profits on half at ~$24 and set trailing stops on any remaining shares.
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
Moodeng/USDT Breaks Resistance: Major Rally Ahead?Moodeng/USDT has successfully broken above the descending resistance line and is moving upward, supported by the rising trendline.
If the price breaks above the marked resistance zone and secures a proper closing, it could trigger a significant upward move.
GOLDEN Breakout setup on Nifty 50 for (30-12-24)Nifty 50 index was going sideways for 3 days, today it gave bull breakout but not sustained properly. So next trading day can become significantly important if you do breakout trades!
ANALYSIS :
On chart you can see I am using my custom build indicator named Golden Trading System (GTS) it shows two significant support and resistance zones which works like magic! as of now it is not published but you can follow us to get notified when we publish this.
How you can use it ?
Alternatively you can use standard pivot point and change the pivot type to camarilla. Here we will only use H3-H4 and L3-L4.
In the chart you can see I already marked the H3-H4 and L3-L4 for tomorrow (30-12-24) so you can use that instead.
How to TRADE ?
Tomorrow (30-12-24) three thing can happen :-
(i) If market gave breakout the green band (H3-H4) we can look Long setup.
(ii) If market gave breakout the red band (L3-L4) we can look Short setup.
(iii) Market can go sideways / range bound between green band and red band.
CAUTION :-
While taking bullish trades we should not neglect the red resistance line and also While taking bearish trades we should not neglect the red support line because form those points market can reverse so trade cautiously and with "Stop Loss".
Will GBP/JPY Break the 200.000 Level? A Bullish OutlookThe pair GBP/JPY trading near the key horizontal resistance zone around 200.000. A breakout and sustained move above this level could signal a continuation of the bullish trend, targeting higher levels.
The ascending trendline below serves as strong dynamic support, indicating buyers' interest. Invalidations occur if the price closes below the trendline.
DYOR, NFA
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)
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