Channelbreak
$PYPL - Back to the Scene of the CrimeSince it's large fall from grace, $PYPL has been rangebound from 179 to 193.
We've briefly poked our head above 193, only to get shoved back into the channel and resume trading there.
We're right back at this key 193, and therefore $PYPL is back on watch for us.
A break AND hold above 193 has the potential to take us to to the supply zone at 201 rather quickly. A failed break likely takes us back down the channel to 179.
Bitcoin channel breakoutHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
BTC moved in the ascending channel. the price pattern looked like an ending channel and I waited for downside breakout.
Also we see a divergence between the price and MACD. that is another proof for expected downside movement.
the price of Bitcoin breaks the parallel channel and I think it is a good opportunity to short BTC.
I want to support the idea with USDT.D analysis.
USDT dominance shows us investors inclination to change their coins to USDT, and vice versa.
As you can see, USDT dominance breaks the descending channel upside and I expect for further rise.
this means people change their coins to USDT.
USDT dominance channel breakoutHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
Please first read my previous analysis from the below link.
USDT.D moved in the descending channel and reached a strong support zone.
Also, we see a double divergence between the price and MACD.
now, the price breaks the channel and moves upside.
I think it is a good opportunity to long USDT.D.
DYDX has done a nice breakout, Next target is 10$!DYDX Short term Update
DYDX is a high potential coin in crypto environment as you know, This coin rejected perfectly from 7.211$ zone.
A breakout of descending trend line and static support zone was a good sign for end of this long correction.
This coin is out of its descending channel now, And this is perfect.
Some range movements above current support area(Blue area) is expected and then the first TP for this coin can be 10$.
Daily Market Update - You scared now brah? In this video:
* Will the markets break down and out of their channels?
* Am I spotting hidden bullish divergence?
* Will the crypto markets start to de-couple price action and sentiment from the larger stock markets?
* Has bitcoin reached a bottom on it's current drawback?
GBPJPY channel breakoutHello everyone
Before we start discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
GBPJPY :
now, we see an obvious ascending channel breakout , we can expect upside movement.
Target:
first target is width channel above the breaking point.
stop loss :
you can place your stop loss below the strong support zone that shown in the chart.
channel breakout signals for buy GoldHello everyone
Before we start discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
XAUUSD :
Please first read my last analysis about gold from the link below.
I determined clusters for wave 5 using Fibonacci external retracement wave 4 and Fibonacci extension wave 3 that is shown in the chart and I expected the price reacted to one of these cluster.
the price reacted well to the first zone that coincide with reaction to the lower line of parallel channel as the bullish ending channel.
the price moves as the wave 5, at the same time we see ending channel (bullish channel).
this kind of movement and channel with wave 5 Elliot alert us for buy.
now, I get the signal for buy. the price breaks the upper line of parallel channel.
where is my stop loss?
if you buy with channel breakout, you should place your stop loss below last bottom. you can use minor or major bottom according to your strategy.
where is my target?
the hardest section is to find a target optimally.
It is better your target is not smaller than your stop loss. My target is about 1800 $.
please remember any analysis can be failed. so, manage your risk and respect your stop loss.
GOLD BIG TRIANGLE SETUPGOLD
Above is a technical view on XAUUSD and the most important zones to take in consideration.
Price has been accumulating in the 1800 zone and has yet to break it.
Furthermore, the selling pressure today looks about right on the h4 and Daily timeframe. The main goal currently is to retest the major resistance of the 1750-1760 zone.
XAUUSD is at the top of a bearish channel on the 4h chart after hitting 32 fib retracement.
On a Daily chart we have big triangle formation and we are looking for price action around to 1820-1840.
From this resistance area we can looking forward to selliing confirmation.
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AIOZ - LONG SetupNOT FINANCIAL ADVICE: This idea IMO for personal use only
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An idea for short term trade I just entered, so don't care about the utility.
Nice setup, scale out to the monthly / yearly view.
Entered: 0.96
TP1: 1.12
TP2: 2.50
As always, watch for volume, NFA, DYOR, check on-chain data. Always be watching BTC.
Good chat.🤖
BTCUSDT October Month Bull Overall (BTC going to 100k!).Bull Flag (End), Harmonics Pattern With Fibonacci Retracement (End), Channel (Breakout), Lead or Bump Phase (Continue) Trend Continuation Wedge (Continue), Double Bottom (continue), Inverse Head & Solder (Continue), Big Triangle (Continue)...All Pattern Exists On this chart Check Properly.
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BTC Update.....
I'm new here.....
Please check my previous IDEA. Then you can understand perfectly.
What you think about this Idea? Are you agree with me? Please let me know.
N:B: I'm not your financial adviser.
Thank you
Woodies CCI BreakoutThe main signal here is the Turbo CCI breakout of a major horizontal resistance. This is a strong confirmation of the continuity of the short and torm trends, which seems to coincide with the crossing of %R and RSI, signaling a breakthrough. The range of growth is visible through the linear regression in the price chart. If 345 is broken this year, we will probably see the ceiling of the linear regression provided shattered in the near future.
EURUSD: Weekly Forecast 17th October2021EURUSD broke above the top of a falling channel and a supply zone at 1.1590, marking an end of the current short-term bearish trend.
The market may falling into a ranging market or reverse into a short-term bullish trend towards the top of a 5-month falling wedge.
At the same time, the dollar is retreating from its high amid the market has already priced in a Fed tapering and needs more clue towards rate hike before dollar will strengthen again.
This week, we will be focusing on buying the bullish reversal, awaiting a pullback towards 1.1570 demand level.
Bitcoin Broke out of Parallel Channel?Very brief post here -- just drew this basic channel and was surprised how accurate it is on daily vs 30 min timeframe, so I wanted to share it. See 30 min below:
If this is something worth looking at to go by, I doubt we'd drop much further than 50k, if we drop at all.