Breakoutsignal
Bitcoin - Eventually hitting $250.000?BITSTAMP:BTCUSD is looking extremely bullish despite the recent 4 month consolidation.
For more than four months, Bitcoin has basically been moving sideways, experiencing quite volatile swings towards the upside and downside. However we should not neglect the overall bullish behaviour of Bitcoin which is still creating cycle and correction after cycle and correction. Therefore, maybe after a short term pullback, I do expect (much) higher prices on Bitcoin.
Levels to watch: $67.000, $37.000
Keep your long term vision,
Philip - BasicTrading
CAVA Cup & Handle Breakout TradeHappy Tuesday everybody, the stock caba is set to make a breakout of a base soon and I'm going to make a play on it to see if I can catch that move doing a buy to open and setting my stop loss below Monday's low. This stock is part of the consumer cyclical sector which has been performing well possibly because of pending interest rate cuts leading to increased consumer spending with credit cards but I'm not really sure if that's the cause.
About The FX Crash & Cash IndicatorThe FX Cash & Crash Breakout indicator is a powerful Forex trading indicator on TradingView. Crash (consolidation or ranging market) and Cash (breakout from consolidation into a long or short trade).
It uses Heikin Ashi candle bars in combination with real price on the hourly chart to smooth price fluctuations and identify early range-bound price action breakouts. Consecutive gray bars indicate a crash move into a sideways market. A breakout occurs when it goes from a sideways market to either either green or red bars indicating the opportunity to cash in on a trending short or long market opportunity. While primarily designed for intraday trading, it can also be utilized for swing trading. It's crucial to use strict trading discipline, gain basic knowledge of trading practices, and focus on risk management. This indicator was created to enhance your marketing strategy.
ALERT - Indigenously developed Nuclear Submarine heading NEindigenously developed Nuclear Submarine " Pattern " - by Reliance Industries - is Heading NE
Targets Locked and Loaded
1st Target - 32* N, 10*E (Rs. 3,210)
2nd Target - 35*N, 25*E (Rs. 3,525)
3rd Target - 40*N, 20*E (Rs. 4,020)
4rd Target - 48*N, 28*E (Rs. 4,828)
Sorry folks - When I saw this pattern - I couldn't just control myself and came up with this Prank 🤣😆😄🤩
Anyways, Reliance Industries has broken out of a Box Pattern and is ready for a Blast
Simple Bitcoin Comparison to last breakout shows us...Patterns are everything in the market. When we're given the patterns ahead of time by analyzing previous price action, we can know what to look out for in order to catch the breakotus before they happen.
For us, on bitcoin, we know we have this red algorithm that needs to prove itself before breakouts. We can see that similar to last breakout, we're approaching that tapering algorithm on the sell-side in addition to our buying continuation orange & green. Strong likelihood of a bounce here and at least a retest of purple if not an ultimate HTF breakout.
Happy Trading :)
Here's why I think we're approaching a BUY point on EthereumIf we see the necessary signs of tapering in teal, we will have our first confirmation of a breakout. We then need to see yellow buying continuation or green activated with a stronger orange to guide us up.
We want to be in this before the breakout happens because as we know, it usually happens too fast.
Happy Trading :)
Simple and Accurate Forex Trade Model - Find this on any chart!This is the very basic of what I do. Identify HTF tapering, wait for a buying continuation algorithm to prove control, enter on confirmation.
We now have our targets in place based on our control algorithms (green and yellow) and will take profits based off those as price develops.
Happy Trading :)
RNDR: break pattern📊Analysis by AhmadArz:
🔍Entry: 9.780
🛑Stop Loss: 9.200
🎯Take Profit: 10.270 - 10.787 - 11.304 - 11.811
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Silver - One of two (bullish) scenariosOANDA:XAGUSD recently broke a lot of strong, previous resistance towards the upside.
Silver, metals in general, are experiencing increasing demand in 2024. Therefore, prices of Gold and especially Silver have been increasing for the past couple of months. Silver broke two major previous resistance levels towards the upside and these two levels are now obviously acting as support. If Silver manages to retest these areas, a bullish reversal will occour quite likely.
Levels to watch: $25, $27.5
Keep your long term vision,
Philip - BasicTrading
FVRR - In-Depth Chart Analysis and Why I'm ExcitedVery predictable patters on this chart and clear signal of teal being in control on HTF which can lead to an easy long play at least shorter term to teal resistance above.
Obviously we have to prove more for a higher time frame confirmation and trade such as strong buying continuation and further buy side and sell side tapering.
But I like this Risk/Reward opportunity for my portfolio with some buying continuation or longer term with further tapering
Happy Trading :)
Ethereum Analysis and Trading PlanCrypto Series:
Part 1: Ethereum
I'm looking at a few short term trade opportunities and they all lead to the ultimate higher time frame breakout which is clearly defined and proven to be the proof of and breakout of our White/Pinkish tapered selling algorithm.
HTF Progression:
We've seen the progression happen in the passed as a HTF liquidity build in preparation for a HTF breakout. We begin with a low and a high of a breakout - from there we have created the white/pink HTF bounds to our "bull flag" or what I call controlled selling/Liquidity building. We then utilize a strong selling algorithm such as orange here to take us from top to bottom of this tapered white bull flag. Our ultimate goal as bulls is to prove that white is in control and that this selling is in fact controlled and only happening in order to build more liquidity for a further move up. Once we prove white and build all that liquidity which includes the left shoulder of the HTF head and shoulders being create, we use all that liquidity built up within it as a propellant for the breakout of white and move to all time highs.
LTF Trade Opportunities:
If we then want to break down the HTF move into LTF trades, we can dissect the algorithms even further to identify LTF tapering. In this chart we see that first proof of tapering when the blue algorithm takes control of price from the orange stronger selling one. This is our first indication that we can break out of orange and begin our way up towards white resistance (and proof of it). From blue we then look for white to show signs on the LTF of being in control of price. Once that happens (which is happening now) , we can attempt the HTF orange and look to break out.
In this case, we know we're at a strong level as the 50% retracement (which last breakout was our low point as well), so with the sell-side support at this level and the proof of buy-side tapering as well (in a controlled selling white), we are given good indication that we can see a LTF breakout toward a HTF algorithm.
Confirmations:
Our HTF earliest confirmation of an attempt and break of white is when we see our strong buying yellow algorithm start to hold activate and guide price. As we can see from last time, this is proven right before we make our ultimate break.
So the progression that we saw last breakout, from Orange --> Blue --> White --> Yellow buying is what we're looking to see happen now. We've gotten through steps one, two, and three, by proving sell-side tapering - we are now looking for Step 4 of a buying continuation to happen.
Hope this was helpful and for further analysis and a video breakdown of this chart, see the video I posted 20 minutes ago on my page.
Happy Trading :)
SWING TUTORIAL - SHARDACROPA typical Convergence Divergence is in play here.
Stock is also in a Long term Lower Low Pattern formation.
Could this Convergence Divergence indicate a breakout from the Lower Low Trendline?
Or is the price going to go down further?
Give your comments in the Comments Section below:
STX ANALYSIS🔮 #STX Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #STX. It's a 12hr time frame breakout and it's ready for a bullish move of around 60% in coming days
💸Current Price -- $2.075
📈Target Price -- $3.217
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#STX #Cryptocurrency #Breakout #DYOR
MPSLTD indicating Increase in Strength by Breaking Trend LineCompany has reduced debt.
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 26.0%.
Company has been maintaining a healthy dividend payout of 39.7%.
Company's working capital requirements have reduced from 34.3 days to 10.4 days.
Reported
Revenue 545.3 Cr
Reported
Revenue YoY +++ 8.83 %
EBITDA +++ 169.9 CR
EBITDA Margin +++ 31.15 %
EPS Growth YoY +++ 9.61%
Tremendous Growth Opportunities
• Maximize cross-sell and upsell with captive customer
base of 750+ customers.
• Scale central growth and marketing engine to acquire
new customers and expand geographic footprint.
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products/services.
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market.
MPS is a B2B learning and platform solutions company powering education, and research for corporates. MPS has unlocked a new growth trajectory due to the combined effect of lower attention spans, rapid growth in digital consumption, and the recent advances in AI/ML.
BNB: Potential Bull Pennant Breakout!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
BNB recently completed a formation resembling a bull pennant pattern on the daily timeframe. The price has broken out of this pattern and is currently retesting the breakout zone. If it holds this retest level, it could signal further bullish momentum for BNB.
Buy some now and add more in the dip.
Entry range:- $560-$600
Targets:- $712/$834/$986/$1194
SL:- Daily close below $530
Let's Discuss!
What are your thoughts on BNB's current price action? Do you see a bullish pattern? Share your analysis in the comments below!