Sentences with phrase «bullish breakout»

The phrase "bullish breakout" describes a situation in investing or trading when the price of a particular asset, such as a stock or cryptocurrency, suddenly rises above a strong resistance level. It suggests that the market sentiment has turned positive, indicating potential future price increases. Full definition
The Aussie offers many short - term trading opportunities within the context of a longer - term bullish breakout above $ 0.775.
Given the recent number of bullish breakouts, it appears rather unlikely the market will penetrate 242.55 any time in the near future.
This suggests a longer - term bullish breakout for euro / yen but in the immediate short - term, the support target is near 120.
Story by: Omkar Godbole Bitcoin (BTC) remains on the hunt for a major bullish breakout after bouncing back from an overnight
The diamond top and bottom are reversal patterns that are used to pin bearish and bullish breakouts respectively.
However, the follow - through was hardly encouraging and the prices fell below the trendline yesterday, signaling a failed bullish breakout.
Even though there had been hints of possible bullish breakout, the explosion north was impressive...
Bitcoin price made a significant bullish breakout and finished the day above critical resistance level produced by the long - term downside trendline.
Bitcoin has been trading in a narrowing price range over the past week, but a bullish breakout is looking likely.
Most importantly, the bullish breakout was confirmed by increasing volume in the broad market.
The traction gained yesterday represents a bullish breakout from the symmetrical triangle formation on its short - term charts, which may lead to a move all the way up to the resistance and area of interest.
The bulls made an effort to generate a bullish breakout in 2017.
EWQ must produce a weekly close above 32.35 to establish a bullish breakout.
Tuesday's upside follow through served as a confirmation and extension to Monday's bullish breakout.
That fall followed a bullish breakout seven weeks ago, a clear breakout failure.
The daily chart also gives us a view that suggests that XRP was likely to close (as at 5 March) above $ 1.04329 (descending trend - line resistance on the daily chart), signaling a bullish breakout on the charts.
The high volume rally adds credence to the bullish breakout seen in the chart below.
On December 7, a bullish breakout above 1.3450 (the upper limit of the recent consolidation range) enhanced the bullish side of the market.
A bullish breakout above the previous consolidation zone between 1.2400 and 1.2800 was performed on July 15 (shown on the weekly chart).
Gains were spread out evenly across most major assets, with the likes of bitcoin and Ethereum showing signs of a bullish breakout.
At that point, a clear Ascending Triangle Pattern developed which triggered a bullish breakout entry above $ 38.00 on November 10th.
The golden cross is a bullish breakout pattern formed from a crossover involving a security's short - term moving average (such as the 15 - day moving average) breaking above its long - term moving average (such as 50 - day moving average) or resistance level.
If, for example, the daily chart of a stock or ETF shows a bullish breakout above resistance, but the weekly chart shows the breakout to merely be running into a one - year downtrend line, resistance of the downtrend line on the weekly chart should be viewed as more important than the breakout on the daily chart (except perhaps only for intraday traders).
Next, for a short Hikkake to succeed, we have enough traders betting on a bullish breakout of the inside bar.
However, as both the inside bar and the bar before it was bearish, traders were unlikely to bet on a bullish breakout.
Presented By: AJ Monte This webinar, sponsored by Scotia iTrade and presented by AJ Monte, aims to provide intermediate - investors with a method to trade using a bullish breakout strategy focusing on buy stops for entering the trade while using sell stops for protection.
Hot Market Review - Gold Sees Bullish Breakout 3.
A blue horizontal line represents a bullish breakout price.
A price action analysis of the BTC / USD reveals that the digital currency is poised for a bullish breakout following a solid weekend of trading.
For a bullish breakout, the price would need to get above to two key overhead resistance levels at $ 438 and $ 455.
A bullish breakout on Thursday sent ether prices surging toward the all - important $ 300 level.
On December 29, XLM - BTC displayed a bullish breakout, bringing the pair to a new all - time high at 6370 satoshis by January 4.
Bitcoin is eyeing a move towards $ 9,000, courtesy of a bullish breakout on the 4 - hour chart and a bullish hammer reversal on the daily chart.
Bitcoin (BTC) picked up bid yesterday following a bullish breakout on charts and rose above $ 9,000 in a convincing manner.
Anyway, this signal needs to be confirmed by a bullish breakout above mentioned 50 % Fibo level.
This comes despite several fundamental indicators making a strong case for a bullish breakout.
Although neither of these indicators imply a bullish breakout, they suggest that momentum is returning to the market.
Although most major coins are well off recent swing lows, upside momentum has been capped by technical barriers limiting the bullish breakout.
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