GBPUSDGood morning traders, new week sale of new opportunities, I hope you have a week full of many profits. Today without any fundamentals in the middle we can see that the price can give very interesting entries both in sales in the London day and some succulent purchases for the NY day. Remember that we react, we do not predict.
Algotrading
There are no better levels to trade than these, perfect ICT/SMCAlready know we are bullish, we have a decent re-entry zone in the +BB/FVG I marked with the 🐮
However, as we know when a new HTF FVG is printed, IPDA will bring all the resting orders higher into the range between here and 50% of the new FVG.
It's looking very clear from here. We love this type of one sided targeting
#ALGO/USDT#ALGO
The price of our channel is moving downward on a 12-hour frame, and it has been breached to the upside and is rising from the current levels.
We have a bounce from the lower border of the channel from the support area at 0.1200
We have a tendency to stabilize above the Moving Average 100
We have an uptrend on the RSI indicator that is heading up
Entry price is 0.1500
The first target is 0.1750
The second goal is 0.1900
The third goal is 0.2080
Cage Cycle Values for OmusdtCage Cycle Values: If the price is above 0.67647 (Buy Point), the price target is 1.13913, and if it is below 0.66245 (Sell Point), the price target is 0.19979. You can find the details of the Cage Cycle strategy attached. (MAKE SURE TO FOLLOW THE NEW TAKE PROFIT POINTS PUBLISHED AS TAKE PROFIT POINTS ARE INCREASED ACCORDING TO THE TRADING CYCLE)
Long Position:
Entry: 0.67647
Profit: 1.13913 (Will be updated if necessary in the positive direction)
Stop: 0.66245
Short Position:
Entry: 0.66245
Profit: 0.19979 (Will be updated if necessary in the positive direction)
Stop: 0.67647
The Cage Cycle Strategy is a model that emerges from analyzing approximately 2 over 20 data points (1,000,000 and above tick data). The price definitely reaches one of the specified Take Profit Points as a price target. It is not possible to determine the direction with a hundred percent certainty in financial markets. Therefore, success rates are attempted to be increased by using certain models. The Cage Cycles end when the price reaches the price target in any direction in the Cage Cycle Strategy. Although it is not an investment advice, an example of use is as follows: A Long position is opened at the price level of 0.67647, the Stop Loss is 0.66245, and the Take Profit is 1.13913. When the price reaches 0.66245, instead of the Long position that was stopped, a Short Position is opened, with the Stop Loss of the Short Position being 0.67647 and the Take Profit being 0.19979. Transactions are monitored by stopping until the market direction is determined. Considering the number of stopped transactions and the expected time, Take Profit points are updated to increase profits (Updated Take Profit Points will never be lower than the initially specified Take Profit points). By recalculating the Take Profit points to increase profits, the aim is to compensate for the losses of the stopped transactions when the Cage Cycle ends. In the data analysis of the last 10 years, the average number of stops is 12, and the highest number of stops is calculated as 83 (These figures may vary in the future). Although it is not an investment advice, in the Cage Cycle, if the amount to be stopped is set at $1, by increasing the position by half of the initial lot amount for every 10 stops (0.5 $ for every 10 stops), a higher profit can be targeted along with the increased Take Profit point. Using the Cage Cycle data provided above as an example for Peopleusdt, after 15 stops, when the cycle ends, the profit-loss calculation (Initial Stop Amount to be stopped is $1): For the first 10 stops, the loss will be 10$*1=10$, and between 10 and 15 stops, the loss will be 5*1.5$= 7.5$, resulting in a total loss of 17.5$. The profit to be obtained with the updated Take Profit points will be 1.5*27= 40.5$. The net profit, excluding commission, will be 40.5-17.5= 23$. The Cage Cycle helps you determine the Take Profit point in your own trades as well, as it is known that the price will definitely reach one of the Take Profit points. Enjoy and Good luck with your trades.
THIS IS NOT AN INVESTMENT ADVICE. Made by Yourcages
Is ETHFIUSDT to follow BTCUSDT higher?Hi there traders
We received a new signals from the EnF Breakout Strategy:
BUY on ETHFIUSDT
See idea for breakout entry, targets and stoploss
Only enter the trade when the price breaks above entry
Check out more on the script:
To get access to this script, DM me
NKE Leap Call / Long Term BuyNike is setting up for a long-term buy / leap call opportunity. The Jeanius Indicator/Screener gave the following reasons why:
Price fell through two untested lows, taking out sell-side liquidity. The indicator shows how much volume came from and how far price ran up from these lows.
NYSE:NKE is also testing a 3M uptrend line from the low of 2017 through the low of 2020.
The brilliant Jeanius Indicator printed "Combo" labels on the chart when this specific combination of multiple confluences has occurred in history!!
Memecoins are great for Catching Knives: Honest ReportWe've seen memecoins holding top positions in exchange top lists of symbols traded by volume as well as being all the rage in the news for quite some time. I decided to launch my AlgoTrading System into the uncharted territory of memecoins, and the results surprised me.
Based on a month's worth of trading data, memecoins have shown excellent mean-reversion characteristics compared to other altcoins that my system has traded before (such as OP, INJ, ARB, and many others).
During market downturns, memecoins tend to exhibit stronger price rebounds from significant horizontal levels compared to other coins. In such instances, price action demonstrates notable upside momentum, indicating high demand.
This characteristic makes memecoins a favorable asset for high-probability long-only scalping strategies and setups.
Why long only? This is the second topic I wanted to touch on. Let's look at BONK: it's market maker is GotBit - a russian company which is one of top world leading market makers. In the recent year their CEO Alex Andryunin started to appear on many podcasts and interviews (in russian language).
In an interview, he literally said that they made a significant profit by liquidating SHORT traders. Although I am not an expert in the relationship between market maker firms and exchanges, I believe MM firms receive some kind of reward or incentive for each liquidation. So, when retail traders were not confident that the price would increase (or after the market maker "drew" this message in the chart), more and more people were opening short trades. Once a critical mass of open interest was on the books, GotBit was able (possibly, not trying to accuse anyone!) to push the price up. Retail traders were then trapped, and given the sharp price movements in memecoins, they were slow to take the loss by exiting, so many people were liquidated.
More and more people look at the chart and think, "These short traders are getting REKT! Now it's time to short. The market maker got his prey, so the price will reverse!" And a new group of traders hop on that wagon...to HELL :)
This is just my theory. It could be that memecoins are so interesting for long scalping setups because market makers are more interested in short sellers.
I don't like when people only talk and provide no proofs. This is trading after all, so where are the trades, right? Here you go!
I think it proves the point, so keep an eye for long bounces on MEME coins!
Thank you for your time reading this article! I hope you found some insight in this information.
And what do you think? Let me know in the comments!
$XMR is back on track againSince the drawdown by major exchanges, OMXSTO:XMR has seen big losses
But now on the last weeks, it has regained previous price area!
One more evidence of an algorithmic price behavior in crypto markets
If you want to know more about how you can leverage your game with algorithmic price behaviors, just check my signature link
sell trade coming in EOS USDTstoploss 0.8250
entry 0.8112
take profit 0.7918
trail your stop loss to entry
enjoy the signal
FRONTUSDT BUY SignalEnF Breakout Strategy signaled a BUY on FRONTUSDT
See idea for breakout entry, targets and stoploss
Only enter the trade when the price break above entry
Check out more on the script:
To get access to this script, DM me
#ALGO/USDT#ALGO
The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the channel at the green support level of 0.160
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price 0.1700
The first goal is 0.1970
The second target is 0.2125
The third goal is 0.2338
Long term analysis of ALGO currency# ALGO time 1W currency analysis
In the weekly time, the price has reacted well to the most important level of its demand, and we can expect a good long-term growth in the price area of $0.14, and there is a possibility that the price will reach the specified goals.
ALGO: buy in low level📊Analysis by AhmadArz:
🔍Entry: 0.1784
🛑Stop Loss: 0.1557
🎯Take Profit: 0.2107 -0.2441 -0.2856
🔗"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!
#ALGO/USDT#ALGO
The price moves in an inverted head and shoulders pattern
The right shoulder is now complete
Wall is expected for the upper border of the shoulder
We have a higher stability moving average of 100
We have bullish momentum on the RSI and an uptrend
We have a current breakout of the channel to the upside
Entry price is 0.2500
The first target is 0.3000
The second target is 0.3500
The third goal is 0.4000
Cage Cycle Values for AgldusdtCage Cycle Values: If the price is above 1.6542 (Buy Point), the price target is 1.8342, and if it is below 1.6470 (Sell Point), the price target is 1.4670. You can find the details of the Cage Cycle strategy attached. (MAKE SURE TO FOLLOW THE NEW TAKE PROFIT POINTS PUBLISHED AS TAKE PROFIT POINTS ARE INCREASED ACCORDING TO THE TRADING CYCLE)
Long Position:
Entry: 1.6542
Profit: 1.8342 (Will be updated if necessary in the positive direction)
Stop: 1.6470
Short Position:
Entry: 1.6470
Profit: 1.4670 (Will be updated if necessary in the positive direction)
Stop: 1.6542
The Cage Cycle Strategy is a model that emerges from analyzing approximately 2 over 20 data points (1,000,000 and above tick data). The price definitely reaches one of the specified Take Profit Points as a price target. It is not possible to determine the direction with a hundred percent certainty in financial markets. Therefore, success rates are attempted to be increased by using certain models. The Cage Cycles end when the price reaches the price target in any direction in the Cage Cycle Strategy. Although it is not an investment advice, an example of use is as follows: A Long position is opened at the price level of 1.6542, the Stop Loss is 1.4670, and the Take Profit is 1.8342. When the price reaches 1.4670, instead of the Long position that was stopped, a Short Position is opened, with the Stop Loss of the Short Position being 1.6542 and the Take Profit being 1.4670. Transactions are monitored by stopping until the market direction is determined. Considering the number of stopped transactions and the expected time, Take Profit points are updated to increase profits (Updated Take Profit Points will never be lower than the initially specified Take Profit points). By recalculating the Take Profit points to increase profits, the aim is to compensate for the losses of the stopped transactions when the Cage Cycle ends. In the data analysis of the last 10 years, the average number of stops is 12, and the highest number of stops is calculated as 83 (These figures may vary in the future). Although it is not an investment advice, in the Cage Cycle, if the amount to be stopped is set at $1, by increasing the position by half of the initial lot amount for every 10 stops (0.5 $ for every 10 stops), a higher profit can be targeted along with the increased Take Profit point. Using the Cage Cycle data provided above as an example for Peopleusdt, after 15 stops, when the cycle ends, the profit-loss calculation (Initial Stop Amount to be stopped is $1): For the first 10 stops, the loss will be 10$*1=10$, and between 10 and 15 stops, the loss will be 5*1.5$= 7.5$, resulting in a total loss of 17.5$. The profit to be obtained with the updated Take Profit points will be 1.5*27= 40.5$. The net profit, excluding commission, will be 40.5-17.5= 23$. The Cage Cycle helps you determine the Take Profit point in your own trades as well, as it is known that the price will definitely reach one of the Take Profit points. Enjoy and Good luck with your trades.
THIS IS NOT AN INVESTMENT ADVICE. Made by Yourcages