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Consolidationbreakout

AVAX/USDT Weekly Symmetrical Triangle FormationThe chart illustrates a classic symmetrical triangle pattern on the weekly timeframe, suggesting a period of consolidation before a potential breakout. The price is holding above the 50-week moving average (MA50), reinforcing the bullish outlook. Key Observations The symmetrical triangle indicates indecision in the market, with buyers and sellers converging. Holding above the MA50 signals strong support and a likelihood of upward momentum. A confirmed breakout above the upper trendline will validate the bullish scenario and trigger significant upward movement. Targets Upon Breakout $61 - $149 Strategic Implications Patience is key. Monitor for a breakout with strong volume confirmation above the triangle's resistance. Failure to break out may result in continued consolidation within the pattern. This setup offers significant potential for medium to long-term gains if the breakout materializes.
Long
by momentumwls
Consolidation Breakout - RAIN📊 Script: RAIN Key highlights: 💡⚡ 📈 Script is giving consolidation breakout on daily chart. 📈 One can go for Swing Trade. BUY ONLY ABOVE 176 ⏱️ C.M.P 📑💰- 176 🟢 Target 🎯🏆 - 187 ⚠️ Stoploss ☠️🚫 - 171 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:RAINLong
by radha_23
1
Consolidation Breakout - WELCORP📊 Script: WELCORP 📊 Sector: Steel 📊 Industry: Steel - Large Key highlights: 💡⚡ 📈 Script is giving consolidation breakout on daily chart. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 696 🟢 Target 🎯🏆 - 756 ⚠️ Stoploss ☠️🚫 - 663 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:WELCORPLong
by radha_23
Robinhood waking up bigtime Macro signs BULLISHHi guys this is a MACRO analysis on Robinhood (HOOD). Macro meaning larger timeframe aka the 1 week in this instance. Alot of stocks are down from their previous tops. Which means potentials for longterm gains for many names possible. During the decline of assets, price action may create specific chart patterns that may signal the bottom. For HOOD -> such a pattern was observed. We've been in this pattern since January 2022. Making it a BIG DEAL. Acting like a pressure cooker if you will. This pattern is known as the Rectangle pattern, better known as Consolidation or Consolidation zone. Remember chart patterns must be traded on confirmation of a breakout. Its never a good idea to buy within chart patterns as experts say within chart patterns its a 50/50 chance. Therefore, probabilities increase once confirmation comes in. We are currently in the process of trying to breakout. I am now on full observation mode, as i will be looking to add. This current move was initiated by a retrace to the golden FIB ratio at around 10.60$. We maintained support, allowing for our current UPTREND. Notice also i have momentum indicators up. STOCH RSI has crossed Bullish. This will allow for buying to commence. MACD is also giving MACRO bullish signs, BULLISH CROSS ABOVE the 0 level and increasing size of the histobars. Major uptrends occur when MACD is crossed bullish above 0 level, you could even say Bull markets occur. We will continue our Uptrend until Bearish crosses are seen. Now lets look at the market structure above the consolidation zone. Notice how theres not much data above. Only a single sharp group of candles on the left. This shows no resistance exists above consolidation zone. This means price action above will cut through like butter to my 1st target zone at around $30-35. NOW REMEMBER watch for confirmation of a breakout atleast on the 1 day but 1 week prefered. I will be continously updating new information as needed. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on HOOD in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:HOODLong
by SafofAllTrades
2
Keep An Eye - Consolidation Breakout - TRENT 📊 Script: TRENT 📊 Sector: Retail 📊 Industry: Trading Key highlights: 💡⚡ 📈 Script is giving breakout of Consolidation Zone we may see good rally till 4243. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 4158 🟢 Target 🎯🏆 - 4243 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:TRENTLong
by radha_23
1
Consolidation Breakout - SJVN📊 Script: SJVN 📊 Sector: Power Generation & Distribution 📊 Industry: Power Generation And Supply Key highlights: 💡⚡ 📈 Script is giving breakout of consolidation zone as highlighted into chart. 📈 Already Crossover in MACD & Double Moving Averages. ⏱️ C.M.P 📑💰- 132 🟢 Target 🎯🏆 - 142 ⚠️ Stoploss ☠️🚫 - 127 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:SJVNLong
by radha_23
TATACHEM - Bullish Consolidation BreakoutNSE: TATACHEM is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:TATACHEMLong
by BrahmaBull31
NESCO - Bullish Consolidation Breakout with VolumesNSE: NESCO is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:NESCOLong
by BrahmaBull31
BOROLTD - Bullish Consolidation Breakout with VolumesNSE: BOROLTD is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:BOROLTDLong
by BrahmaBull31
DCAL - Bullish Consolidation BreakoutNSE: DCAL is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:DCALLong
by BrahmaBull31
KAJARIACER - Bullish Consolidation BreakoutNSE: KAJARIACER is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:KAJARIACERLong
by BrahmaBull31
3
MHRIL - Bullish Swing ReversalNSE: MHRIL is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:MHRILLong
by BrahmaBull31
JSWSTEEL - Bullish Consolidation BreakoutNSE: JSWSTEEL is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:JSWSTEELLong
by BrahmaBull31
NTPC - Consolidation BreakoutNSE: NTPC is closing with a consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the trendline support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:NTPCLong
by BrahmaBull31
FDC - Bullish Breakout with VolumesNSE: FDC is closing with a bullish breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the trendline support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:FDCLong
by BrahmaBull31
OCEANUSDT wants the Next Weekly structure?OCEANUSDT recently went through an accumulation phase, which took place between the price levels of 0.2982 and 0.1163. After a period of consolidation, the price eventually broke out of this accumulation range and experienced a significant distribution phase. Currently, the price of OCEANUSDT is testing the weekly support level at around $0.41. This level is a key area of support and resistance and has the potential to signal a shift in market sentiment. It is important to keep a close eye on how the price reacts to this level, as a break below it could indicate further downside movement. Looking ahead, the market will need to create a new breakout above the $0.5 area for any long continuation to occur. If this happens, we can apply Plancton's Rules, a set of guidelines for identifying potential market movements, to help guide our decision-making and potentially open a new long position. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
O
by InkyGrip
8
MMTC - Double digit stock + Trendline Breakout📊 Script: MMTC (MMTC LTD) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 📊 Sector: Services 📊 Industry: Commercial Services & Supplies Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 Crossover in MACD . 📈 Already Crossover in Double Moving Averages. 📈 Volume is increasing along with price. 📈 Script has given Trendline Breakout. 📈 Current RSI is around 69. 📈 MMTC Consolidation near the breakout region. 📈 Rejection 3-4 times and then breakout. 📈 Green volume spikes in volume. 📈 Showing momentum in weak market. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 44.10 🟢 Target 🎯🏆 - 50 ⚠️ Stoploss ☠️🚫 - 41 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:MMTCLong
by radha_23
4
BTC in a 4-Hour Squeeze Just Above Make-or-Break Support Levels Primary Chart: BTC's Key Fibonacci and Measured Move Levels along with Key Demand Zone BTC continues to trade just above make-or-break levels as it has for much of this week. It continues to chop up and down, similar to the way equity indices have the past few days. Chop essentially entails price action within a range without any directional follow through. Traders tend to get chopped up because the price action starts to move in both up and down, but each time, follow-through does not happen. The squeeze is a Bollinger Band phenomenon where the bands compress to a narrower range. In other words the standard deviation decreases dramatically, reflecting reduced volatility. Both the 2-hour and 4-hour charts for BTC show that compression typical of a standard-compression squeeze. Because compressed volatility tends to correlate with a subsequent increase in volatility, squeezes help signal when significant directional move may occur. Supplementary Chart A shows the Bollinger Bands squeeze on the 4-hour chart. Supplementary Chart B shows the levels containing this weeks consolidation, where a breakout will signal the start of the directional move implied by the squeeze. Supplementary Chart A: Bollinger Bands Squeeze on 4-Hour Chart BTC's Immediate Resistance Levels at $20,503 to $21,403 On the Primary Chart, note the two major resistance levels above price, which are the green and golden lines. These are Fibonacci-based retracements of the entire rally from June 2022 lows to mid-August 2022 highs. The .618 retracement is the closest resistance level that must be reclaimed before price can resume its corrective rally higher. This .618 retracement is at $20,503. Above that, and the target is $21,403, the .50 retracement, which also coincides with the August 20-26, 2022, consolidation period. Note this 21,400 level also aligns with key lows and highs from both June and July 2022—these price resistance levels are shown on the Primary Chart by the two white parallel lines adjacent to the green .50 retracement line. The .618 retracement level at $20,503 also aligns with the top of this week's consolidation range. See the Supplementary Chart A below, showing the consolidation range from this week by parallel white lines. BTC's Immediate Support Levels Are Close Below at $19,134, $19,233 and $19,555-19,560 The base of this week's current consolidation (see Supplementary Chart B below) serves as the most immediate support level for BTC. While the upper edge of this range marks the most immediate resistance, which coincides with the .618 retracement (the gold line on the Primary Chart), the lower edge of the consolidation is approximately $19,555 to $19,560 as shown in the supplementary chart below. Any breakout from this current consolidation range will help dictate the course of BTC's price action the next couple weeks. A decisive break to the upside is a possibility, especially where traders and investors have been leaning quite bearish, a factor that can often provide some support, ironically, to price—because selling can dry up when everyone that is bearish has sold or shorted, and when price doesn't move downward, short covering can begin to put upward pressure on price. Support also lies at $19,223, which is the .786 retracement of the entire rally from June 2022 lows to August 2022 highs. This level is associated with another Fibonacci level at $19,134, the .618 proportion of the first leg of decline from the August 15, 2022, peak as projected from the start of the second leg of the decline on August 26, 2022. Supplementary Chart B: BTC's Consolidation Range This Week BTC's Measured-Move Zone at $16,238 to $17,443 The measured-move area, which also uses some Fibonacci proportions, shows where BTC could in theory fall assuming the decline continues. This area is a zone between $16,238 and $17,443. This post does not make a prediction about whether the measured-move target will be hit in the near term. Instead, the measured-move levels are identified as merely a possible price path using technical analysis. But before this measured-move target can become a plausible possibility, a downward breakout from this week's consolidation must occur. Furthermore, the .786 retracement at $19,223 must be violated as well as the teal blue rectangle showing the last three-month demand zone (Primary Chart above) before the measured-move target can be considered. CME:BTC1! AMEX:BITO BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD KRAKEN:BTCUSD Author's Comment: Thank you for reviewing this post and considering its charts and analysis. The author welcomes comments, discussion and debate (respectfully presented) in the comment section. Shared charts are especially helpful to support any opposing or alternative view. This article is intended to present an unbiased, technical view of the security or tradable risk asset discussed. DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified financial adviser or other investment / financial professional before entering any trade, investment or other transaction. _________________________________________________________________________
BITSTAMP:BTCUSD
by SquishTrade
6