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Breakoutsignal

#QUANT $QNT with a HUGE breakout, what's next?BINANCE:QNTUSDT printed a good breakout on 4h timeframe what's next? if we want to place a long position, we should look for a breakout confirmation: if the price is going to retest the 66$ former resistance area succesfully (printing a bullish candle afterwards), we can target the $87 weekly resistance, or something a little closer to the current price if the scenario gets confirmed, these are the levels I'm watching: TP: 80 (next resistance zone) SL: 62 (just below the former resistance which should turn into new support) let me know if you found this idea helpful and if you are going to enter the trade! also dont forget to follow me, leave a like, and if you want to request a technical analysis , just comment the ticker of the cryptocurrency you want me to analyse down here!
Long
by opop777
COMPUSDT is creating an ascending channelThe price is creating a descending channel on the 4h timeframe after a rejection from 54$. Inside the descending channel, the price is creating an ascending channel and the price got a rejection from the dynamic and static 4h resistance. How to approach it? IF the price is going to have a breakout from the support, and retest the support 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
1
$COTI #coti head and shoulders, trendline resistance: BEARISH?coti is quite in a bad situation at the moment unless we see a big bullish breakout to the upside, I think this is going to dump for a few more days the Head and Shoulder pattern is currently coming to its end, the price is losing its neckline, and we have a big resistance trendline which is pushing the price down each time it gets touched (this would be the EIGHTH touch) these are the levels i would consider if my scenario plays out: TP = 0.08 SL = 0.09 let me know what you think about this idea and if you are planning to enter on this trade + like and follow for more ideas
Short
by opop777
$GALA #gala resistance breakout?GALA has been testing the 4h resistance level around $ 0.055 if we see a good breakout from the one, with good volume , and a good retest, we can set a long order with $ 0.058 as the target (following 4h fibonacci resistance) and something around $ 0.054 as the stop loss, which is the level of the resistance the price is currently testing , which could turn into new support in a breakout scenario let me know what you think about this idea and if you are planning to enter on this trade + like and follow for more ideas
Long
by opop777
#swipe $SXP trendline + resistance breakout!sxp has been testing the 4h resistance level around $ 0.4 if we see a good breakout from the one, with good volume , and a good retest, we can set a long order with $ 0.435 as the target (following 4h resistance) and something around $ 0.385 as the stop loss, which is the level of the resistance the price is currently testing , which could turn into new support in a breakout scenario let me know what you think about this idea and if you are planning to enter on this trade + like and follow for more ideas
Long
by opop777
$ATOM #cosmos resistance breakoutas always, I'm only trading breakouts, so here is another one! atom is currently testing the 4h resistance around $ 8.7 if we see a good breakout from the one, with good volume, and a good retest, we can set a long order with $ 9.6 as the target (following 4h resistance) and something around 8 as the stop loss, which is the level of the dynamic trendline atom has just broken out from , which could turn into new support let me know what you think about this idea and if you are planning to enter on this trade + like and follow for more ideas
Long
by opop777
USDCAD Short With 2 Confluences. As we can see the price has been moving in a bullish direction for several days. We are starting to see signs of potential market exhaustion which could signal a potential reversal. There has been a change in market structure from bullish to bearish as we can see from the breakout of the key level. The entry for this trade was at the test of the key level and the target is set around the low of June. Risk reward currently stands at 1 to 5.8. Never risk more than 2% of your account on any single trade. Confluences: 1: Double Top Pattern Formation 2: Key Level Breakout
Short
by NDOBObanks
BTCUSDT is testing the supportThe price is testing the range between 21600$ and 20900$. During the weekend the price created a spike above the 21600, got a new liquidity for a new bearish impulse until the current support. How to approach ? The price could grab new liquidity from 22k and create a new bearish impulse. IF the price is going to lose the current support and retest it as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Short
by InkyGrip
16
ATOMUSDT is testing the 4h resistancethe price is testing the 4h resistance on the 0.5 Fibonacci level after a bearish impulse from the monthly support at 8.84$ How to approach it? The price needs to create a breakout from it and retest the current resistance as new 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 🦐
Long
by InkyGrip
2
DOTUSDT is testing the 4h supportThe price is testing the 4h support after a rejection from the daily static resistance and the dynamic 4h resistance. The market created a double bottom on monthly support where it found new liquidity for the new bullish impulse. How to approach it? IF the price is going to have a clear breakout from the 4h resistance and daily 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 🦐
Long
by InkyGrip
2
ADAUSDT is testing the supportthe price followed my previous idea and we made more than 39%. Now the market is creating an ascending channel above the daily support. how to approach it? The price needs to have a breakout from the daily 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
22
XLMUSDT needs more liquidityThe price had a nice breakout from the static resistance on 0.14$ and got a rejection from 0.155$ now the price is testing the 0.618 Fibonacci level as new support. How to approach it? We could see a new bearish impulse until the 0.886 Fibonacci level where the market could get new liquidity for a bullish impulse, 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 🦐
Long
by InkyGrip
24
DOTUSDT is creating a falling wedgeAfter an amazing profit, the price is testing the monthly support on 6.7$ on the 4h timeframe the market creates the falling wedge below the 4h resistance. How to approach it? IF the price is going to have a breakout from the falling wedge and daily resistance on 8$, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
30
KDAUSDT is testing an important support right nowThe price is testing the daily support on 1.4$. As you can see on the left the price got the liquidity for a new bullish impulse from here. How to approach it? IF the price is going to have a breakout from 4h resistance and retest as new 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 🦐
Long
by InkyGrip
6
BTCUSDT wants the breakout?The price bounced on the monthly support on 29300$, it's a key level for Bitcoin. Now the price is testing an important resistance on 4h timeframe on the 0.382 Fibonacci level. How to approach? IF the price is going to retest it as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
8
AXSUSDT ready for the breakout?The price tested the 1.272 Fibonacci Extension on the daily support (16.6$) In that area the price got liquidity and retested for a new local bullish impulse. On the 4h timeframe the price tested the 0.886 Fibonacci level below the 4h resistance. How to approach it? The price needs to create a new breakout from that area and retest the current resistance as new 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 🦐
Long
by InkyGrip
4
IOSTUSDT needs to have a breakout from itThe price had a breakout from the dynamic resistance below the monthly resistance on 0.02$ How to approach? the rice needs to create a new bullish impulse above the 0.02$ area and retest the resistance as new 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 🦐
Long
by InkyGrip
12