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A Detailed Guide for New Traders!Technical Analysis: A Detailed Guide for New Traders Technical analysis (TA) is a trading method used to evaluate and predict the future price movements of assets like stocks, cryptocurrencies, commodities, or forex, by analyzing past market data, primarily price and volume. It differs from fundamental analysis, which looks at financial metrics like earnings, revenue, and overall economic conditions. For beginners, here’s a breakdown of technical analysis and its essential tools and concepts: 1. Price Charts: The Foundation of TA Price charts are visual representations of an asset’s price over a specific period. There are different types of charts, but the most common are: Line Charts: Show the closing prices over time. Bar Charts: Display the open, high, low, and close prices (OHLC) for each period. Candlestick Charts: Similar to bar charts but more visually intuitive, displaying the same OHLC data with colored “candles” for up or down movements. Candlestick charts are the most popular among traders because they provide more information and are easier to interpret visually. 2. Key Concepts in Technical Analysis a. Trends A trend is the general direction in which the price of an asset is moving. Understanding trends is crucial in technical analysis because traders aim to follow the market’s momentum. There are three types of trends: Uptrend: Prices are generally increasing, making higher highs and higher lows. Downtrend: Prices are decreasing, making lower highs and lower lows. Sideways Trend (Range): Prices move within a specific range without a clear upward or downward direction. b. Support and Resistance Support: A price level where an asset tends to stop falling due to increased buying demand. Resistance: A price level where an asset tends to stop rising due to increased selling pressure. These levels are essential for identifying potential entry and exit points for trades. c. Moving Averages Moving averages (MAs) are a simple way to smooth out price data over a specified time period to identify trends more easily. There are two main types: Simple Moving Average (SMA): The average price over a set number of periods (e.g., 50-day or 200-day SMA). Exponential Moving Average (EMA): Gives more weight to recent prices, making it more responsive to new information. Traders use MAs to determine the overall trend, and crossovers (e.g., when a short-term MA crosses a long-term MA) are often seen as buy or sell signals. 3. Indicators and Oscillators Indicators and oscillators are tools derived from price and volume data to help identify potential trends, reversals, and overbought or oversold conditions. a. Relative Strength Index (RSI) The RSI measures the magnitude of recent price changes to evaluate whether an asset is overbought or oversold. It ranges from 0 to 100: Above 70: Overbought (price might be too high, possible reversal). Below 30: Oversold (price might be too low, possible reversal). b. Moving Average Convergence Divergence (MACD) The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of an asset’s price. It helps traders identify changes in the strength, direction, and momentum of a trend. MACD Line: The difference between the 12-day and 26-day EMA. Signal Line: A 9-day EMA of the MACD Line. Histogram: Shows the difference between the MACD Line and the Signal Line. A crossover between the MACD Line and the Signal Line can signal buying or selling opportunities. c. Bollinger Bands Bollinger Bands consist of a moving average (middle band) and two outer bands that are two standard deviations away from the middle. The bands expand and contract based on market volatility. When the price moves toward the upper band, the asset might be overbought, and when it moves toward the lower band, it might be oversold. 4. Chart Patterns Chart patterns are formations created by the price movement of an asset, and traders use them to predict future price movements. Some common patterns include: Head and Shoulders: A reversal pattern that signals a change from bullish to bearish or vice versa. Triangles (Ascending, Descending, Symmetrical): Continuation patterns that suggest the price will break out in the direction of the current trend. Double Top and Double Bottom: Reversal patterns indicating that the price may reverse its current trend after testing a support or resistance level twice. 5. Volume Analysis Volume refers to the number of shares, contracts, or lots traded during a particular period. It can confirm trends or warn of potential reversals: Rising volume during an uptrend confirms the strength of the trend. Decreasing volume in a rising trend can indicate a weakening trend and potential reversal. Volume spikes often occur at trend reversals. 6. Risk Management No trading strategy is foolproof, and technical analysis is not a crystal ball. To succeed, you must manage your risk: Stop-Loss Orders: Automatically sell a position if the price moves against you by a certain amount, limiting your losses. Risk-Reward Ratio: Determine the amount you're willing to risk for a potential reward. A typical ratio is 1:2, meaning for every $1 risked, you aim to make $2 in profit. Position Sizing: Only risk a small percentage of your total capital (e.g., 1-2%) on a single trade to prevent significant losses. 7. Combining TA with Fundamental Analysis While technical analysis is valuable, many traders combine it with fundamental analysis to get a complete picture. For instance, in the stock market, technical analysis might show that a stock is oversold, but if the company’s fundamentals (earnings, revenue) are strong, it could be a buying opportunity. 8. Conclusion Technical analysis is a powerful tool for traders to predict price movements and make informed trading decisions. However, it requires practice and patience. Start with the basics, use demo accounts to test your skills, and never forget to manage your risk. For beginners, mastering the key concepts like trends, support and resistance, moving averages, and common indicators like RSI and MACD will set you on the path to becoming a successful trader. Like and follow if you found this helpful! #Crypto #Bitcoin #bullrun
Education
by CRYPTOMOJO_TA
2
Weekend Russia-Ukraine Update for Natural Gas Traders in FX MarkHey everyone, I wanted to share some important updates with you regarding recent developments that could significantly impact our natural gas trades. In the past few days, Ukraine's attack on the Sudzha gas transfer station in Russia's Kursk region has raised some serious concerns. As you know, the Sudzha station is a critical point for gas flow from Russia to Europe, and any disruption here could directly affect our natural gas trading. It's something we all need to keep a close eye on. To give you some context, Gazprom supplied approximately 14.9 billion cubic meters (bcm) of gas through Sudzha in 2023. This volume accounts for about 4.5% of the EU's annual consumption and nearly half of all Russian gas exports to Europe. Since the beginning of the year, the daily gas flow through this station has remained above 40 million cubic meters. These numbers highlight just how vital Sudzha is for European gas supply. The main function of the Sudzha gas metering station is to record gas consumption and measure the quality indicators of the gas. The gas flow is measured using two primary methods: variable pressure drop and the more precise ultrasonic method, which measures the propagation speed of ultrasonic waves in the gas flow. The station is equipped with converters, pressure and temperature sensors, shut-off valves, and other equipment essential for accurate gas flow measurement. In addition, the station features an automated control system that collects, processes, and transmits data on gas parameters. This system is responsible for overseeing the operation process and maintaining accurate records. If there’s an issue at the station, not only would the gas flow be disrupted, but tracking the quality and quantity of the gas would also become much more difficult. Given these details, it’s crucial for us to closely monitor what's happening in the gas markets and adjust our strategies accordingly. As uncertainty increases, so do the potential risks and opportunities, so I strongly advise you to carefully set your stops in your trades. Wishing you all a profitable week ahead! CAPITALCOM:NATURALGAS FOREXCOM:NATURALGAS
CAPITALCOM:NATURALGAS
by TheCryptoPharaoh
4
Learn the Long History of Forex! 💶The history of the foreign exchange market (forex) dates back centuries, with evidence of currency exchange dating back to ancient civilizations. Here is a brief overview of the ancient history of forex: • Ancient Mesopotamia: The Mesopotamians, who lived in present-day Iraq, are believed to have been the first civilization to use a form of currency. They used clay tablets to record transactions of goods and services, and it is believed that they also engaged in foreign exchange transactions. • Ancient Egypt: The ancient Egyptians used a bartering system to trade goods and services, but they also used a form of currency in the form of metal rings. Foreign exchange transactions likely occurred between ancient Egyptian traders and merchants from other civilizations. • Ancient China: The Chinese began using metal coins as a form of currency as early as the 7th century BC. They also engaged in foreign exchange transactions with merchants from other civilizations, such as the Greeks and Romans. • Ancient Greece: The ancient Greeks used a bartering system to trade goods and services, but they also minted coins made of precious metals. Foreign exchange transactions likely occurred between ancient Greek traders and merchants from other civilizations. • Ancient Rome: The ancient Romans minted coins made of precious metals, which were used as a form of currency. They also engaged in foreign exchange transactions with merchants from other civilizations. 💴It's worth noting that these ancient foreign exchange transactions were likely not as frequent and organized as they are today, and were conducted primarily through bartering or physical money exchange. The invention of paper money and the rise of banks in the Middle Ages led to the development of more organized foreign exchange markets. 💵And Here is the overview of modern history of forex: • The modern foreign exchange market began to take shape in the 1970s, after the collapse of the Bretton Woods system, which had pegged the value of currencies to the price of gold. • Prior to the 1970s, currency trading was primarily conducted by governments and large institutions, but with the emergence of floating exchange rates, the market became more accessible to smaller investors and traders. • In the 1980s, electronic trading began to take hold, with the introduction of new technologies such as the Reuters Dealing 2000-2 system, which allowed traders to conduct transactions electronically. This led to a significant increase in the size and liquidity of the forex market. • The 1990s saw the continued growth of the forex market, with the introduction of new technologies such as the internet, which made it possible for individuals to trade forex online. • In the 2000s, the forex market saw a surge in popularity as a growing number of retail traders and investors entered the market. The introduction of online trading platforms and the ability to trade on margin further increased the market's accessibility. 💰Today, the forex market is the largest and most liquid financial market in the world, with a daily turnover of over $6 trillion. It's accessible to a wide range of participants, from large banks and institutional investors to small retail traders. The forex market operates 24 hours a day, five days a week, allowing traders to participate at any time. ❤️Please, support our work with like & comment!❤️ What do you want to learn in the next post?
TVC:GOLDEducation
by UnitedSignals
6
10 Rules of Risk Management Risk management is the most important aspect of any trading plan. Apart from the mathematical and strategic methodologies to employ, there are several precautions you can adopt as a trader and consider in your decision-making process. Never risk more than you can afford to lose. Never forget Rule no.1. Stick to your trading plan. Consider the costs like spread, rollover/swap and commissions. Limit your margin use and track available margin to avoid margin calls. Always use Take Profit and Stop Loss orders. Never leave open positions unattended. Record your performance and adjust as you progress. Avoid high volatility periods like economic news releases. Avoid making emotional decisions when trading. We apply risk management to minimise losses if the market tide turns against us after an event. Although the temptation of realising every opportunity is there for all traders, we must know the risks of an investment in advance to ensure we can endure if things go sour. All successful traders know and accept that trading is a complex process and an extensive risk management strategy and trading plan allow us to have a sustainable income source. ❤️Please, support our work with like & comment!❤️ What do you want to learn in the next post?
TVC:GOLDEducation
by UnitedSignals
5
Classic Reversal Pattern You Must Know ☑️WHAT IS THE RISING WEDGE PATTERN? The rising (ascending) wedge pattern is a bearish chart pattern that signals a highly probable breakout to the downside. It’s the opposite of the falling (descending) wedge pattern (bullish). A rising wedge can be both a continuation and reversal pattern, although the former is more common and more efficient as it follows the direction of an overall trend. The rising wedge consists of two converging trend lines that connect the most recent higher lows and higher highs. In a rising wedge, the lows are catching up with the highs at a higher pace, which means that the lower (supporting) trend line is steeper. ☑️KEY FEATURES • The price action temporarily trades in an uptrend (the higher highs and higher lows) • Two trend lines (support and resistance) that are converging • The decrease in volume as the wedge progresses towards the breakout The third point is seen more as a boost to the validity and effectiveness of the pattern, rather than a mandatory element. And it is applicable either for stocks trading mostly. ☑️SPOTTING THE RISING WEDGE Identifying a rising wedge is not so difficult. As a first step, you should eliminate all types of wedges that are present in the sideways-trading environment. The ascending wedge occurs either in a downtrend as the price action temporarily corrects higher, or in an uptrend. ☑️TRADING THE RISING WEDGE Trading the rising wedge pattern is pretty easy. After we correctly identified the pattern all we need to do is wait patiently for the breakout of the wedge to the downside. After the breakout is confirmed(usually at least a 4H candle needs to close below the broken level) we can place a limit order to short the pair on a pullback giving us a better risk to reward ratio. The correct Stop Loss should be placed above the last higher high established by the wedge before the breakout. What concerns the Take Profit level, it must be based on the technical levels below( If there are any). If not, then we might use Trailing Stop or just choose a minimal acceptable RR of 1:1,5 ❤️Please, support our work with like & comment!❤️ What do you want to learn in the next post?
OANDA:XAUUSDEducation
by UnitedSignals
8
HOW TO BALANCE LIFE AND TRADINGHi guys, This is @CRYPTOMOJO_TA One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. The life of a trader can be stressful, with important developments taking place constantly. This makes it essential that individuals maintain a positive work-life balance Prioritize What You Need in Your Life When you learn how to prioritize your life, you can focus with intention on what matters and accomplish your most important goals. Priorities are difficult to determine. There are some things you want to prioritize at the start of each year, such as spending more time with family, discovering your life’s purpose, starting a business, traveling the world, or becoming a profitable forex trader. But to be honest most of us struggle to focus on what we really want in our life when the year goes on. For example, the majority of people will never turn down a high-paying job, even if it means spending less time with family or working on themselves to find the balance of their life. Why is that? Because of that dopamine hits you get when you are getting a paycheck from your high-paying job. I’m not saying it’s bad and you should quit your job. I’m saying that I’ve seen lots of people who were able to organize their lives while working a 9-5 job and still living a well-balanced lifestyle. Also, I’ve encountered people who used to work both a day job and on their goals and then quit their jobs after accomplishing their goals. So how are they doing it? What is the secret? The secret is finding your life purpose and finding out what you really want to achieve in your life. Let’s say you really want to become a profitable forex trader, but it doesn’t mean you should sit in front of your computer all day and place trades. If you do so, You will miss out on a lot of life opportunities. You won’t be able to focus on your nutrition or physical and mental health since you won’t get enough time to reflect on yourself. You’ll also be unable to consider how and when you can spend time with your loved ones when the stress of your daily life schedule gets too tight. This is not trading, this is a bad way of treating yourself. So what is the solution? Simply makes a list of what you really need in your life then prioritize them while still giving time to focus on yourself. For example, if you have a day job but still want to be a successful trader, you can day trade the market when you get home at night. Alternatively, you can trade on a higher timeframe, such as daily or 4-hour, to spend less time on trading while still earning a good profit. By doing that you will have plenty of time to focus on your job and your well-being as a trader. Remember that no matter what you’re attempting to do, whether it’s trading or running a business, you should make time to focus on your well-being. That is what creates a balanced life, and balanced life will empower us to stay happy while also increasing our chances of success in any area. The same remains true for trading as well. Self Improvement is Important People who devote enough time to self-improvement have a better understanding of themselves and others, as well as a clear understanding of their goals and how to achieve them. Personal growth allows you to go forward, explore new horizons, and feel happier. Regardless of what you are doing in your life (Doing a job, Running a business, or trading) you should prioritize improving yourself each and every day. By improving your life as a trader, your life will become more dynamic, and you will be presented with new life opportunities, and because self-improvement leads to happiness, you will be able to enjoy life rather than worry and regret. Now in trading, self-improvement is a direct factor that will determine a trader’s success. Why? Because trading success is heavily based on psychology and attitude. Even Mark Douglas mentioned in his book Trading in the Zone that intelligent people are the majority failure in the trading industry and also he mentioned that it is the attitude and unique thinking that will make successful and sustainable traders. Therefore rather than sitting in front of the charts, focus on the area you can improve when you are not having any trade setups. Give your best to improve in areas like your focus, social skills, patience, mentality, attitude, positive habits, and high-demand skills. Expect Unexpected As traders, we are all aware that we should deal with uncertainty on a daily basis. The majority of what you do in trading has no guaranteed outcome. Any trade can be a winner or a loser, and all we can do is respect the result and live with the uncertainty. So how to stay positive in the face of a constant uncertain environment like the forex market? Simply by controlling what we can control and not being too worried about things that we have no control over. For example, we have no control over price movement, right? So what is the solution? Simple just react to the price information according to your trading plan. On the other hand, there are things we can control, such as risk management and being selective more about market conditions in which we should trade. Do your best to control those things. Have a Well Define Trading Routine A trader’s daily routine will clearly define the lifestyle he or she has. I’ve seen traders trade all day while sitting in front of the computer browsing social media or watching YouTube, and these types of routines will lead to an unhealthy life. In reality, most of these traders struggle to maintain consistency in their trading process. Then there are traders who have managed to find a balance between trading and other professions. The majority of these traders only trade for two to four hours every day. They will have more time to focus on other things that will lead to happiness and a well-balanced lifestyle as a result of this. Focus on Quality Over Quantity We all know that the volatility of the forex market is much higher and every day the market is provide us with endless trading opportunities to take advantage of. Although we may not be able to take advantage of all of these trades, the market still makes 10 to 20 trade opportunities available to us, and if you trade on shorter timeframes, the number of trade opportunities will increase as well. However, in reality, we cannot execute all of these trades, and attempting to do so as many trades as possible every day will result in overtrading. In terms of trading, this is bad for your account, and in terms of life, you won’t have enough time to focus on other things (like spending time with family, focusing on your nutrition and exercise, or meditation) because you’ll have to stay in front of the computer to execute all of those trade setups. So what is the solution to stop overtrading? There is actually a simple solution for this. Just be More Selective on Your Trade and Only Execute Higher Probability Trade Setups. You will be able to cut down the trading opportunities you have to monitor on any given day by filtering out only the high probability trade setups, which will save you a lot of time. You also don’t have to spend the entire day in front of the computer. As a result, you’ll have more time to focus on yourself and spend with your family. Maintain Positive Mental Attitude Maintaining a positive mental attitude in trading or any other activity will lead to balance in other areas of your life. For example, if you can’t keep a positive mental attitude after a bad trading day, how can you expect to proceed through the rest of the day’s activities with confidence? Most likely, you’ll have a harder time finishing the day productively because you let that bad trading day affect your mental state. If this happens regularly whenever you have a bad trading period, you will never be able to find the right balance in your life as a trader. Therefore, work on developing a strong mental attitude as a trader – an attitude that lets you remain confident in your trading abilities, trade decisions, chart analysis, and trading system in order to succeed as a forex trader and to keep a well-balanced life. If you like our content, please feel free to support our page with a like, comment & follow for future educational ideas and trading setups.
BITSTAMP:BTCUSDEducation
by CRYPTOMOJO_TA
11
practice entering back test modeI was tasked with practicing how to set up back testing, so I created a video with all the steps over three charts. I selected a pair, then hovered my mouse pointer over the pair until the "eyeball" appeared and clicked that to make the chart "disappear". I then clicked the the replay button to enter the back test mode. the final step is to bring my chart back by repeating step 1 ( hover mouse pointer over the selected pair and then click the eyeball to unhide the chart).
by BMWalker82
Sunday SessionHi Everyone. This is a 30 min chart created ready for Mondays trading session but is also set up so it can be used for the rest of the week. With changes that suit price action. I started by finding the bias/trend of the weekly, daily, 4 hour and 1 hour time frames. This analysis showed me that gold is 4 v 0 in favour of the bulls. I then used that information to mark up areas of Supply and Demand and also potentially upcoming resistance zones. As I am fully bullish I will only be looking for buys until the chart tells me otherwise. I will re-analyse on Monday before I start trading. Use the chart as you want. It is very basic but it works. I have learnt from Todd Capital Group so maybe watch some of his videos to learn more about the way i get my bias and mark the zones.
OANDA:XAUUSDLong
by unwashedbook
What can we all learn from LUNA?For the last couple of weeks, all markets are bleeding, including crypto market, and there is one particular coin that took it to a different level of bleeding. Yes, LUNA. One of many cryptocurrencies that used to sit at the top, crashed to $0.00000112 from its All Time High of $119.55 a month ago, just within a couple of days. So if you used to have $1,000,000 worth of LUNA at $100 each, now you only have $1 at the time of this writing, Riches back to Rag. If you actively explore twitter for the last couple of days, you will find many heartbreaking tweets, from people having all their life savings gone because UST depegged, people who want to commit suicide (and some are already confirmed), and the creator of LUNA getting death threats that might have just arrived on his front door. This is definitely one case that will never be forgotten in the history of cryptocurrency. After reading many tweets, I have come to conclusion; several grave mistakes that supposed to be the basics of trading, in any market, that people should already know prior to doing live trades with their hard-earned cash. Here are the mistakes: 1. NEVER EVER put 100% of your capital in any trades, especially in cryptocurrency which is very VOLATILE. It can go 10,000% in minutes, but it can also go to 0 within seconds. If you only use 1% of your max capital in trades, if it's a loss, you only lose 1% and you can still use the other 99% to make bigger profit 2. Always use Stop Loss and don't forget to Take Profit from time to time, don't be greedy, stick to your trading plan and your Risk to Reward Ratio 3. NEVER EVER have a mindset of "Oh this coin is very popular and it's in the top 10, what could possibly go wrong". Anything can go wrong, even BTC, even USDT, it is not impossible to crash someday, there will always be a possibility, so bear that in mind 4. DO NOT use stablecoins or any coin to store your hard-earned cash/life savings/retirement money etc. If they change in value (and they will) you risk all of your money.Instead, buy assets, like land/property 5. DO NOT blindly follow cult heroes, nobody can ever predict price action with 100% accuracy, if there is someone like that, maybe they are not from around here (or maybe the mastermind behind the scenes, who has the power to move price action according to their will) 6. Always DO YOUR OWN RESEARCH before making any trades, don't just jump in with FOMO or because someone with high reputation says so Time changes everything, a coin that is good rn doesn't mean it will stay good next year, someone may find a flaw and exploit it. Keep doing your research. 7. DO NOT INVEST ON HOPE, that's called gambling (unless you know what you're doing) LUNA is dead now.. or is it? 8. Opportunity can come at any moment, you have to be ready LUNA is so cheap now, at only just $10 you can get millions of coin (and Big Mac is more expensive). If you think about the Risk to Reward Ratio here, the Reward is much much bigger than the Risk, in the end, you can only lose $10 but imagine what you can get if it goes higher again, and yes, the current price at the time of writing is already up by 10,000% from the price before Binance delisted it. I bought LUNA at $0.0000023 with 1% of my capital before the delisting, and now I make a lot of profit I still keep some, in cosmic chance it will go back to $1 again or beyond, then I'll reap all the money If it finally goes into the abyss, then I will still have 99% of my money A very good RRR TLDR; You must always be ready to take the opportunity, even at the worst of times If it's crashed, doesn't mean it's bad - DISCLAIMER - This is my personal idea and is not a financial advice Your money is your own responsibility - DISCLAIMER -
LEducation
by OTWhale
24
5 Important Candle Patterns You Need to Know📚 🟢Candlestick patterns and models in technical analysis can be used to predict future price movement. ⚠️There are many different candle patterns. Not all of them work equally well and often their form is quite subjective. Therefore, it is not necessary to make trading decisions based on patterns alone. It would be best to combine them with support and resistance levels, moving averages or other technical analysis indicators that strengthen signals to enter the market. ❗️Remembering a lot of different candle patterns is not as useful as understanding what is really behind their appearance, and who is currently controlling the situation in the market — bulls or bears. Let's look at the most popular and easiest to define patterns. ✅Bearish Engulfing It is formed during the upward momentum of the price at the local highs of the chart. The first small green candle of the pattern indicates that the bulls are already tired and they need a break. The large red candle that appeared next, swallowing the green one with its body, indicates that the bears took advantage of the situation and actively moved into a counteroffensive. Further movement of quotations downwards leads to the beginning of a downward correction. Confirmation of the beginning of the downward movement will be the price falling below the minimum of the second, large bearish candle pattern. ✅Bullish Engulfing It is formed during the downward movement at the local minima of the price chart. The first small red candle of the pattern shows that the bears' strength is already running out, after which a large green candle appears, completely absorbing the body of the first one. This suggests that the bulls felt the weakness of the bears and actively went on the offensive. Further upward movement of the price leads to the beginning of an upward correction. Confirmation of its beginning is the growth of quotations above the maximum of the second, large bullish candle pattern. ✅Doji In fact, doji can be one of the most important patterns in combination with other technical analysis tools. It shows indecision in the market and at its breakdown - it is possible to draw conclusions about the further probable price movement. ✅Shooting Star A clear sign of the dominance of sellers. After the opening of the candle, prices moved towards growth, but at the closing of the candle, sellers began to dominate buyers and the price closes near or below the opening price. The tail of this candle shows that it was in it that sellers began to "Crush" buyers. With such a pattern, there is a possibility of further decline. ✅Pin bar A clear sign of the dominance of buyers. After the opening of the candle, prices moved downward, but at the close of the candle, buyers began to dominate sellers and the price closes near or above the opening price. The tail of this candle shows that it was in it that buyers began to "crush" sellers. With such a pattern, there is a possibility of further growth. ❤️ Please, support our work with like & comment! ❤️
BITSTAMP:BTCUSDEducation
by UnitedSignals
3
🦇🦇 30-40% PROFIT on BATUSDT - SMASHED THROUGH TARGETS 🦇🦇Greetings, BATUSDT Smashed through our 3rd target, which means we are 30-40% up in less than 10 days, no leverage (depending what price you bought). Congratulations 💫🌈 I still think there is more to come with Basic Attention Token, remember the all time high (of BAT) is $1.90. However getting past the 83-90c range will take a bit of momentum from buyers and a huge push from BTC. Right now BAT is looking overbought on the 4H RSI BTC acting super strange in the last few 4H closes - Looking ready to go to our next price range. Follow your heart, but also bitcoin. Hope this helps someone.. I'm sick af right now so going end it hur.... Remember, nothing is guaranteed, control the controllables. Mogues
Long
by mogues
🦇🦇 BATUSDT - READY TO GO??!! 🦇🦇Greetings The fun is not over for BATUSDT. Congratulations if you followed my call from 4 days ago. We've closed our BAT position at 12% profit (10x Leverage, bringing us to a total of 120% gains). For now we are keeping our eyes on BTC to ensure that we're staying within our price range of 37-44K. If Bitcoin drops out of this range we can expect BAT and all other ALTS to move violently depending on which direction BTC goes. For now I see Bitcoin tracking sideways within our range, at least until we get closer towards the weekly candle close, which means between now and Sunday could be good for Altcoins. 🧜🏾‍♀️🧜🏾‍♀️ BUY ZONE; #1 $0.60-$0.63 <$0.65 TARGETS; #1 $0.69 ✅ #2 $0.74 (came very close) #3 $0.79 Remember, nothing is guaranteed, control the controllables. Mogues
Long
by mogues
USDJPY Short IdeaThis is a profitable trade as rejection is already starting to show but we will wait for a confirmed double top as circled in the yellow filled circles on the daily and 4 hour chart we can see a clear triangle wedge pattern that the prices are currently respecting with this being the 3rd touch and now the double top at the trendline and resistance means there is a very strong resistance here. I predict the market to short this and and usdjpy to go bearish. TAERGET; 114.90
Short
by fxzia
SPX a fairytale in the making1. The bomb does not fell twice in the same place, people must forget about Covid in their psyche, so a market crash is still out of question IMO. Everybody is waiting for it after all... 2. When ALL GLOBAL liquidity is gone then they pull the rug, hard cash is-becoming trash. 3. When 2 happens then the biggest BUY THE DIP trap in history happens 4. When 3 happens then we have long term pain and CBDCs introduction 5. When 4 completes we have Stocks Buy Back from Central Banks but no one will have any liquidity or courage left. (State-Capitalism) 6. Due to tech advancements we will see massive layoffs and Universal Basic Income will be introduced with the help of CBDCs (total control of money flow), together with VR and global cannabis legalization. 7. Middle class will no longer be a thing nor poverty as we know it today. 8. Study the Greek society and stock market from 1999-2015 and you will be surprised to discover that the world is now where Greece's was back in the millenia. 9. Stock picking will become a thing 10. All the above might be a fairytale in my head Do not follow my or anyone else advice do your own research! Look First / Then Leap
SP:SPXLong
by Philoslother
1