AUD-USD: POSSIBLE REVERSAL| SHORT SETUP| HARMONIC TRADE|ONE HOURThis trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. AUD-USD Forex pair is moving in a Bearish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bullish Bat Harmonic Pattern is used to identify the projection from its current price whereas Short Trade Setup is given to grab the trade opportunity before the reversal of the instrument. However, only TP1 is suggested at present due to expected reversal from PRZ. Presence of Divergence is negative at the current price level which can further lead to bearish movement of the instrument till PRZ.
Bat
AAVE/USDT - Bat - Bearish Reversal Pattern Formation - HarmonicsAAVE/USDT looks to be forming a bearish harmonic pattern. In this case, we're referring to the Bat pattern in the AAVE/USDT market, which is a technical analysis tool used to identify potential trend reversals. This pattern is identified by specific price levels that form a distinct shape on the chart, which can help us predict future market movements.
Now, in terms of how we can take advantage of this pattern, the idea is to enter long positions until the price reaches what's called the "potential reversal zone". This zone is an area on the chart where we would expect the price to reverse and start moving downwards. Essentially, we want to capture as much of the upward momentum as possible before the market turns bearish.
It's worth noting that trading is never a guaranteed win, and the Bat pattern is just one tool among many that traders use to make decisions. As with any trade, it's important to perform your own research, develop a trading strategy, and practice good risk management techniques to ensure that you're making informed and responsible trades.
In summary, the trading idea for AAVE/USDT is to enter long positions based on the current Bat pattern formation, and hold them until the price reaches the potential reversal zone. By doing so, traders can potentially capture profits from the upward momentum while managing their risk.
Neblio (NEBL) coin formed bullish BAT for upto 23% pumpHi dear friends, hope you are well and welcome to the new update on Neblio (NEBL) coin with US Dollar pair.
Our last successful trade of NEBL was as below:
Now on 1-hr time frame NEBL has formed a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BNB/USDT - Bullish Bat PatternBNB/USDT is currently forming a bullish Bat Pattern. We are expecting price to move down towards PRZ marked on chart. Once price reaches PRZ, we expect to see bullish RSI divergence. At that point we will look to trade long using simple Dow Theory (series of higher highs and higher lows)
459pips or 89pips of profit, which will you choose? If you have to choose only one trading setup, it is understable you would be choose the 459pips setup. But as a thinking trader, we have to be aware of what kind of trading setup provides such trading opportunity. The 459pips is from a counter-trend trading opportunity on the daily chart(right). I'm looking to short at 1.2395 and exit at 1.1937, for that to happen a restest at 1.2395 is required.
On the flip side, Trend Traders could wait for a buying opportunity off the Bullish Bat Pattern on the 1-hourly chart(left), the entry price is at 1.2308, candlestick Pattern confirmation is required.
Which side would you choose? The Bear 🐻 or The Bull 🐮?
At Least 200pips of Profit PotentialThe Bullish Shark Pattern(right) has not reached its final target level. Trend Traders could wait for a buying opportunity off the 4-hourly chart(left), support level at 1.0748. Should the Candlestick Pattern break and close below it, I'll be waiting for Bullish Bat Patterns that completes at 1.0562.
And because the Point C of the Bullish Bat Pattern touches Point A, it became a warning sign, I'll need to wait for a Candlestick Pattern confirmation at the PRZ(box) before engaging on the trade.
✳️ Basic Attention Token | Trading Tips, Opportunity & MoreMany options... We have a lower low now in March 2023 for BATBTC, another one that went through a very strong correction, it is very likely that many gave up.
Zoom out and see a long-term higher low:
I felt a little embarrassed because I called this one several times and see how it goes. It went down more and more.
We can only spot the reversal signals, a bounce took place, a small bullish wave developed but it ended in a lower low but this doesn't change the potential long-term...
No excuses.
If short-term, sell portions on the way up or all after reaching your target.
If long-term, buy and hold.
I always use a mixture of both... Some Altcoins I hold long-term others I trade for learning, for profits and for fun.
Bitcoin I like to hold and accumulate but that is only when the situation allows, most of the time I have to sell to pay for stuff... Then cry and suffer as prices go up. Buy back again higher when people...
Have to go now.
Namaste.
GOLD H1Hello traders, GOLD is setting up for a downside move watch GOLD according to your own trading system or strategy and look for a short position trade setup opportunity.
I am currently watching price to hold around mentioned area and looking price movement for a short position setup, if price break the mentioned high then this setup will be invalidate.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck in trading.
SingularityNET (AGIX) formed bullish BAT for upto 49% pumpHi dear friends, hope you are well and welcome to the new trade setup of SingularityNET (AGIX).
In previous trade setup, due to extreme sell-off the priceline moved slightly down than the potential reversal zone, but recovered soon and pumped almost 60% as below:
Now on a daily time frame with BTC pair, AGIX has formed a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Celer Network (CELR) formed bullish BAT for upto 28.50% pumpHi dear friends hope you are well, and welcome to the new update on Celer Network (CELR).
Recently we caught more than 45% pump of CELR as below:
Now on a 4-hr time frame, CELR has formed a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Wanchain (WAN) formed bullish BAT for upto 10% pumpHi dear friends, hope you are well and welcome to the new update on Wanchain coin (WAN).
Previously WAN was very close to complete the pattern, but pumped before entering the buying zone as below:
Now on a 2-hr time frame, WAN has formed a bullish BAT move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BTC Ranging and Planning TradesWe are back to the time where I like to set up for some trades. Some of my favorite trading comes when BTC defines a stable range like it has, this involves being patient to allow BTC to sweep high and low liquidity of the range. But once that range forms and has time to develop, the likelihood of the next move out of the range being a confirmed breakout increases. And we are now at that point where I am reasonably confident that when BTC moves out of this range, it will likely be the confirmed breakout and not a swing failure.
So what I am doing at this time is preparing for the altcoin trades that I want to take. I will only enter these when BTC breaks out of the range because I prefer not to get caught up in the noise of trading within the range. So the key here is to time the altcoin entries well so that the altcoin is breaking out of its respective pattern at the same time that BTC is breaking out of its range.
This is not a complete list, but here are a few ranging altcoins that I am watching:
ETH
BAT
PEOPLE
AVAX
I want an Upsize pleaseAn Upsize Trade is the name of 1 of my trade management.
On the 4-hourly chart(left) is a complete ABCD pattern. I'm waiting for a retest at 158.98 for a buying opportunity.
When the retest happens, I'll be stretching my final target to the Bearish Bat and Bearish ABCD Pattern which completes at 168.11.
This is a high-risk approach and it could harm your account if you do not know how to execute it the right way.
AUDJPY Bullish Persuasion Round 2 On my previous AUDJPY analysis, unfortunately I got wicked out, however, I remained patient and another setup arise. This bullish Bat indicates price has reached a significant turning point from the pullback it's done since price can't go one direction forever and needs to breathe. Internal strength on a lower time frame has also confirmed this a significant turning point as it coordinated with the completion of the pattern. My only concern is price may have another attempt to the low, possibly with critical number, as price is changing character and may require just a little more time before reversing and continuing with the predominate trend.
BitTorrent (BTTC) forming bullish BAT for upto 17% pumpHi dear friends, hope you are well and welcome to the new trade setup of BitTorrent (BTTC) with US Dollar pair.
On a daily time frame, BTTC is about to complete the final leg of a bullish BAT move for bullish price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade