Breakoutsignal
BTCUSDT is testing a key level
In this analysis, we start from monthly timeframe and we can see how the price respected the Fibonacci retracement on 0.786 level, and we create new weekly and monthly structures.
on the Daily timeframe the price created a strong area on 43-44k where the market is trying to have a breakout.
On the 4h timeframe we can see how the price is testing the 0.886 Fibonacci level as new resistance.
How to approach?
We need to see a new breakout from the daily resistance with Volume and momentum, because that area is very strong and we could see a false breakout from it, for that reason we are following our rules. A breakout is not enough to open a new long position, the price needs to satisfy our rules. IF the price is going to satisfy all our checkpoints, we can open a new long position. the next valid resistance is on the monthly resistance on 46800
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
RUNEUSDT is testing the 0.618 Fibonacci levelthe price got a rejection exactly from the monthly resistance at 5.8$. After the rejection, the price is going to test the 0.618 Fibonacci level on the daily support at 4.32$
on the 4h timeframe, you can notice a false breakout from the monthly resistance
How to approach?
If the price is going to have a breakout from the 4h resistance at 4.5$ and r3etest as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
ADAUSDT is testing a weekly resistance
The price created a descending channel on the daily timeframe and had a breakout from it. The market had another important breakout from a key level (1$) after the price created an Adam and Eve pater below the monthly structure.
On the 4h timeframe the price is testing the weekly resistance on 1.2$
How to approach?
The price needs to create a new breakout from the weekly resistance and retest as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Will Bitcoin break above our $45,000 resistance level?Good signs all around. Do these positive indicators tells us about the future direction of Bitcoin and our crypto markets?
⛓️ 🔗 Useful Links 🔗 ⛓️
Fear/Greed Index:
Due to House Rules cannot be displayed.
UNIUSDT is testing the daily resistance The price had a breakout from the descending channel on the daily channel and now the market is testing the static daily resistance on 10.25$
On the 4h timeframe the price is creating an ascending channel.
Beware to the supply zone on the 10.6$
How to approach?
We are waiting for the breakout from the resistance and retest it as new support. Of course a breakout is not enough, you need to have a strategy, for that reason we are following our rules. According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
AMC IC breakoutAMC on the 1D is making its way to the red IC. With opportunities to upwards of 15% on the charting, breakthroughs to next resistance could be possible for next week if momentum keeps up.
BITCOIN BREAKOUT?! OR CRASH TO 30K?! ALL RANGES!Hey everyone
Today i show you my Bitcoin Daily Chart Analysis.
In this chart you can see THE most important support and resistance we currently have on Bitcoin.
Since December 2021 Bitcoin broke down the big bullish uptrend and since then we are down almost -40%.
In my opinion Bitcoin is NOT bullish until we not breakout $44500 - $46000. That breakout would confirm a pump to $50000 area which you can see on the chart.
If we even manage to breakout $52000 - $53500 im really bullish on BTC and expect at least a rise up to $60000.
Overall i think we will see a breakout to $52000 - $53500 and then a dump back to even $30100 - $28500.
What are the important areas we have to watch on BTC?
- from $65000 to $69100
- from $52000 to $53500
- from $44500 to $46000
- from $28500 to $30100
- from $21900 to $24300
Is there a way to trade all the ranges?
- Yes. A good opportunity to Short Trade BTC is from $52000 - $53500
- Aswell a Long Trade on BTC from $28500 - $30100
I hope you guys like my idea
AEI gapfillAEI has a really good opportunity for gaps to be filled. With technical breakouts in this floor it was sold in. There are two spots of resistance next that would hold it up from filling the gap.
AMC testing the BOLL AMC has seen some serious percentages lately, every band has been tested on the 1D, 240, 60, 15, 1 minute timeframes. The middle band looks to be the current resistance right now and could possibly want to test the daily high and upper band.
WINMED | Falling Wedge Breakout Signal Trading SetupPrice action and chart pattern trading setup
> Falling wedge breakout with a strong bullish candle.
> Pullback/entry at dip recommendation to avoid chasing price where no built-up candlestick or squeeze area support.
> Target at volume profile main point of control 0.786-1.0 retracement zone
> Risk ratio : 2: 1 for medium-term trade
> Stop loss at the lowest position of the falling wedge
Always trade with affordable risk and respect your stoploss
USD /CAD 1.26173 -0.11% LONG IDEA * PRICE ACTION & CPNTINUATIONHEY EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE,
A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / CAD PAIR.
* The PAIR WAS range bound consolidating between support and resistance That just saw a test of the base of structure.
- Short term the pair ,might enter an up trend should we see a break and close above the double bottom formation on the 4h chart.
* A break below of this level changes the plan and we await the market to show us direction.
- Looking for LONG entries on the pair this week should all the rules of the formation be met.
SCALLING TO LOWER TIME-FRAMES FOR ENTRIES HERE IS WHERE WE ARE,
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
SOL DAILY CHART - POINTS TO WATCH AT!Hey everyone
Today i show you my SOL Daily Chart Analysis.
Solana was in a big downtrend since the all time high but it recently broke out a important resistance but now is stuck in another triangle as you can see on the chart.
I expect a small pullback to the 82$-75$ area before bouncing and breaking out again and then finally pumping until the 116$-121$ resistance. If SOL fails to hold the Support Box at 82$-75$ i expect it to dump until at least 60$ or even down to 40$ area.
What are the important areas?
- Support Box 82$-75$ + Pattern breakout
- Resistance Box 116$-121$
Can you trade this?
- Yes. You can long SOL from 82$-75$ with a Stop Loss below the Support Box
- You can short SOL from 116$-121$ with a Stop Loss above the Resistance Box
- You can short SOL when it breaks down 82$-75$ Box with confirmed close
I hope you guys like my idea
SAND DAILY CHART ANALYSIS! POINTS TO WATCH AT!Hey everyone
Today i show you my SAND Daily Chart Analysis
SAND did breakout of the big downtrend we had since the all time high. Currently its retesting the breakout as support and if this confirms to hold i expect a big pump within next months!
How much will SAND go up?
- My targets are 3.45$ / 4.40$ / 4.90$ / 5.60$ / 7.00$
How to enter and exit the trade?
- DCA. Enter in parts and exit the trade in parts.
I hope you guys like this idea
GOLD PUMP INCOMING?! BREAKOUT TARGETS!Hey everyone
Today i show you my GOLD Monthly Chart Analysis and my targets for Gold for next few years.
Gold broke out of the downtrend and i expect it to hit a new all time high soon!
How high can Gold go?
- I expect Gold to get up to 2500$ OZ within next 3 years from now.
Can you trade this?
- Yes i bought physical gold and aswell longed some online.
I hope you guys like this idea.
SILVER PUMP INCOMING?! TARGETS!Hey everyone
Today i show you my SILVER Weekly chart analysis and idea.
Silver broke out of the downtrend and currently is retesting the breakout. If this confirms with a weekly close i expect a big rise!
How much can SILVER go up?
- I think SILVER can go up to 30$ and after that even 35$
Can you trade this idea?
- Yes. I also longed SILVER during last days and you still can while this is retesting.
I hope you guys like this idea
$BTC - Textbook Double BreakoutChart currently looks gorgeous for bulls. We got a textbook pennant breakout and retest, followed by a breakout of our previous highs.
PT : $45,000
Sand P Inflection PointsUpdate from falling wedge idea. ONE MORE flushout low is likely IMO, lower arrow. Will complete 5-EW down, far below 200 DMA.
ANY positives going forward will be an excuse to breakout. Retest of wedge TL at upper arrow will confirm. Bullish impulse may follow.
BE WARY: Entry into WW III, worsening conflict in Europe, invasion of NATO member nations will invalidate these counts!
BTC-DAILY-WATCH THE CLOUDS !WEEKLY (W1)
Ongoing recovery attempt, currently roughly in the middle of the weekly clouds and above the Tenkan-Sen @ 39'400
A next weekly closing above 39'40O should be seen as a positive signal in this weekly time frame.
DAILY (D1)
Yesterday's price action triggered a long white candle which reached an intraday high @ 41'694 BUT CLOSED BELOW THE TOP OF THE DAILY CLOUDS RESISTANCE AREA @ 41'399
Once again an upside breakout of the top of the daily clouds is crucial for moving higher; therefore, the today's closing level of the ongoing candle might give additional clues the the upcoming trading session (s).
Indeed, a CLEAR BREAKOUT CONFIRMED of the CLOUDS , would open the door for higher levels towards the 42'500 area (former high) ahead of the ongoing downtrend resistance line (top of the triangle pattern !) currently @ 44'265.
A failure to do it, would reopen the door for the former RESISTANCE CLUSTER which became the NEW SUPPORT CLUSTER, currently between 40'100 and 39'800 which also coincides with the ongoing support trend line... then the focus will be on the 37'500-37'000 former congestion support.
RSI above 50, @ 52.45
LAGGING LINE in the middle of the CLOUDS , slightly above the Kijun-Sen but still below both the Tenkan-Sen and the Mid Bollinger Band .
4 HOURS (H4)
Currently above the clouds and above TS, KS and Mid Bollinger Band (39'565) which coincides, currently with the 4 hours clouds support bottom !
RSI @ 60.45
LAGGING LINE still in the clouds !
LEVELS TO WATCH IN THIS H4 TIME FRAME ARE THE FOLLOWING :
UPSIDE : 41'694
DOWNSIDE : 40'000-39'565
1 HOUR (H1)
Above the clouds but already below both Tenkan-Sen and Mid Bollinger Band; still above the KS @ 40'426
An hourly closing below 40'426 should be seen as a warning signal of a short term top in place !
The hourly clouds support area is also currently between 40'100 and 39'900 which corroborate the observations mentioned in D1
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Take care and all the best
IRONMAN8848 & Jean-Pierre Burki
SOLUSDT is testing the monthly areaThe price is testing important support on 80$ where the price has the first demand zone. The price tested this area already.
On the 4h timeframe, the price is creating a new low after the breakout from the monthly and 4h support, and now the price is testing the previous dynamic support as new dynamic resistance.
How to approach?
If the price is going to confirm the breakout and the market will have another breakout from the 4h support on 78$ we can add to our watchlist and wait to applying our rules for a new short position.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
ICPUSDT is testing the 4h supportThe price got rejections from the dynamic resistance on the daily timeframe, and rejection from the weekly resistance on 21$
On the lower timeframe, the price is testing the 0.786 Fibonacci level after a false breakout on 20$ where you can find an M pattern.
How to approach?
We are monitoring the price, the bullish scenario is above 19$ with confirmation.
in a short period, if the price is going to lose the 4h support with confirmation, we could see another bearish impulse until 14$.
According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
BTC BEARMARKET BOTTOM 2022Hey everyone
Today i show you my BTC Prediction for the bottom of the current 2022 Bear market.
Where is the bottom?
- I expect the bottom of this bear market to be at around $22000 - $25000
Where will i buy again?
- I sold all my crypto coins when BTC broke the old ATH at 65k-70k because i knew that wont last long because of the low volume we had. I will buy in again from $22000 - $25000
I talked about this 2022 bear market since october 2021 for everyone who not knows.
This is just my opinion!
ETHUSDT is testing the 4h support 🦐The market is testing the 0.786 Fibonacci level on the monthly timeframe.
The price got rejections from the daily dynamic resistance and the market lost the daily support.
On the 4h timeframe, the price is testing important support.
How to approach?
If the price is going to have a breakout from that support and retest as new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
