Breakoutsignal
$RDBX PT 15-25 and higherDescription: Redbox Entertainment Inc. operates a network of self-service kiosks in the United States. It operates a network of approximately 40,000 self-service kiosks, where consumers could rent or purchase new-release DVDs and Blu-ray Discs. The company provides installation, merchandising, and break-fix services to other kiosk businesses. It also produces, acquires, and distributes movies through its film distribution label, Redbox Entertainment, LLC, providing rights to talent-led films that are distributed across the company's services, as well as through third party digital services. In addition, the company offers transactional and ad-supported digital streaming services, which include Redbox On Demand, a transactional service that provides digital rental or purchase of new release and catalog movies and TV content; Redbox Free On Demand, an ad-supported service providing free movies and TV shows on demand; and Redbox Free Live TV, an ad-supported television service giving access to approximately 100 linear channels. The company is based in Oakbrook Terrace, Illinois.
Industry: Shell Companies
$GMTX (SPACs) Description: Gemini Therapeutics, Inc., a clinical stage precision medicine company, engages in developing various therapeutic compounds for treating genetically defined age-related macular degeneration (AMD) and linked ocular disorders. Its lead candidate is GEM103, a recombinant form of the human complement factor H protein that is in a Phase 2a trials in dry AMD patients with a complement factor H protein risk variant. The company was founded in 2015 and is based in Cambridge, Massachusetts.
Industry: Biotechnology
SLP another moveSLP pump and dump again? The coin that disappointed many believers too many times... It may move again, but I wouldn't hold it for long. Good luck traders
#KSCP huge bullish sign We hold above our support, now if we continue holding, we will see first test for the our resistant , then we will see the break out if we hold above it with 4h candle .
XCUR well this is a knotDescending trendline, horizontal resistance 20 and 200sma on 1hr, they are all in this party. If XCUR break above it most probably will have a significant move up. SRSI is high so before the potential break up another retest of support level might be possible...Don't miss this one. Good luck traders
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Gala movingGala broke up from this descending resistance trendline, managed to close 4hr candle above it. Now right on next horizontal resistance at 0,3 and in limbo space between 20 and 200 sma on 4hr chart. Indicators ion 1hr are high, and we could see some cool off time, maybe even retest of the trendline or retest of 20 sma. Could be nice trade, but the real test will be break above 200sma. Keep watching this. Good like traders
Like is appreciated
Bidvest breakout level retestIt seems like JSE:BVT has pulled back to the breakout level. Wait for a follow through, or pull a trigger here?
$RBLX - Stuck Between a Rock and a Hard Place$RBLX is stuck between a rock and a hard place here, with the trade favoring the downside.
We're coming up on an overhead resistance at 64.5, while also running into heavy trendline resistance established all the way back in November.
I personally think we reject and visit 60 this week, though there's also a possibility of a double breakout which could lead us up to 70, and then 77.
Breakout is validated above both trendline supply, and general 64.5 resistance.
$DCFC Target PTs 60-70-130 and higher$DCFC DEFINITION OF "PRESIDENTIAL PUMP":
"When the PRESIDENT OF THE UNITED STATES OF AMERICA, goes on national TV and announces a contract with an EV company to build out charging stations, which recently was signed into law with an infrastructure fund of $7.5 BILLION DOLLAR, and the contract itself potentially worth HUNDREDS OF MILLIONS AND POTENTIALLY BILLIONS OF DOLLARS over time...then the immediate perception of value may drive FOMO and MOMO in retail traders, pushing the price higher on a multi-day/week run up."
SPELL possible move upWatch for a break above resistance levels. Already broke from this descending trendline. Good luck traders!
CHRUSDT is testing the daily resitanceThe price is testing the neckline of the M pattern on 0.67$ on the 0.5 Fibonacci level.
The price bounced on the daily support on the 0.46$ and respected the dynamic resistance on the daily timeframe
How to approach?
the price needs to have a breakout from the 0.70 area and confirm the breakout, 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 🦐
Breakout - 66USDT - MarketreversalIf Axi can make the move upside and break the downtrend ,back test and consolidate above the trend line
The next resistance will be 82USDT
MA Cross signal is strong!
MATIC ascending triangleMatic look like its coiling up for the move. If BTC cooperates could be nice one. Significant resistance but has been tested already. If BTC dumps and support under is lost we can take short position. So wherever it goes it could be nice trade... We just need to wait for that move... Good luck traders
XRP Breaks the Resistance Line! The key place! What's next ? 🧐Hello everyone,
At the very beginning, I would like to point out that we are in a key place for the XRP price.
We have trouble breaking through the strong trendline that has been leading us downwards from November 10, 2021.
However, we all want to bullrun to the top by now, so I made a probable upside scenario.
At this point, I refer to my yesterday's downward forecast, which is more realistic for me.
The RSI level is at a high level, which in the short term indicates declines.
Tomorrow at 1 am we will find out how the 4H candle will close after testing the resistance line. (If in green it is very optimistic)
Safe long entry will be possible after testing the trend line or during a correction after breaking it.
In this case, STOP LOSS set to $ 0.65 will be the best place.
At the moment, the entry is very risky.
Shopping for SPOT is definitely worth stuffing your wallet, I've already done it.
Comment and like,
Greetings
AGLD double bottomAGLD nice double bottom. Watch for breakout entry or possible support retest. Good luck traders
USD / ZAR 15.36988 +1.79 % LONG IDEA * CONTINUATION PATTERNHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE DOLLAR / ZAR
* The PAIR has been trading in a descending channel just tested the base of this structure creating a double bottom as we enter a strong bullish rally.
- Short term the pair has currently broken structure possibly signaling a strong bullish momentum on the 4h chart this.
- There is a supply zone to look out for on the on the pair ahead which will serve as the target for this trade should the ENERGY continue upwards.
- Looking for long entries on the THE DOLLAR ZAR this week should all the rules of the formation be met.
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.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
LUNAUSDT is creating a descending channelThe price is creating a descending channel on the daily timeframe after a perfect retest on the 0.618 Fibonacci level on the weekly timeframe.
How to approach?
IF the price is going to have a breakout from the descending channel and retest the previous resistance as new support, we can add to our watchlist and wait for applying our rules. Of course, is not enough to see just a breakout, you need to have a strategy
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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.
SOBHA - Clear swing trade entry🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
KCSUSDT is creating a range on the 0.618 Fibonacci LevelKCSUSDT is creating a range on the 0.618 Fibonacci Level above the weekly support.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
DocuSign: Significant breakdown confirms long term reversalDocuSign - Short Term - We look to Sell at 220 (stop at 245)
The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing. We have a Gap open at 227 from 03/12 to 06/12. Further downside is expected although we prefer to sell into rallies close to the 220 level. The reaction lower is negative and highlights a clear reversal. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 140 and 105
Resistance : 180 / 227 / 290
Support : 135 / 105 / 65
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