🌳very important terminologies in Trading🌳Hello every one
🟡(1) Price action
The Movement of an asset or Security's price over Time , Plotted on The chart
🟡(2) All-Time High (ATH)
The Highest asset has Ever been in Price
🟢(3) Support
a Point in the market where the Price is less likely to drop below due to previous demand or price action
🟡(3) Resistance
a Point in the market where the Price is less likely to break above due to previous demand or price action
🔵(4) Trend line
a line indicating the General Price Direction of a chart
🟡(5) break out
when the Price of the asset break through a pre-determined Trendline
⚪(6) Formation
when a Financial Chart moves in such a way as to create a Recognizable pattern.patterns to signal trading opportunities either to enter or exit positions.
🟢(7) pump or bullish
The price of an asset is going up
🟡(7) Dump or bearish
The price of an asset is going Down
🔵(8) Long Position
a Regular Buy in The Market. a Trade that is Predicting the asset will go up in value
🟡(8) short Position
The opposite of a long Position. Entering a Trade position betting the asset to go down in value.
Break
Bitcoin testing supports and looking for a new bottomAs bitcoin has broken through support at 37,000, it is now exploring aggressively the support line at 36,500 respectively 36,000.
If support breaks at 36,000, the next support line which Bitcoin can be exploring will be at 35,500
35,500 is also the ultimate support after which an approximate closer bottom can perhaps be seeing at approximately 33,000
Traders should be mindful of both short and long trades. The current Bitcoin trading area is no man's land.
SOLUSD • 30m • FTX • AnalysisWe are forming an important pattern for Solana! This pattern can be seen in the 1-hour chart but to see it clearer and cleaner I show it in the 30-minute chart. This pattern is very clear and the breaking of this could mean a lot for the price. It's something we have to pay attention!
Moving to 29K fragile support levelI'm afraid we are now moving in a real downtrend.
If Bitcoin moves below 27500 USD, we will really have a very bad situation. If it holds around 29000, there will be no disruption
in its move to above 68K +. so if it rebounds at 29000 USD, we can have hope for a 87000 USD resistance target.
But it's too uncertain for now.
Let's hope the 29K support level will not be as fragile as it seem right now.
The bitcoin winter's is here now. it's not about snow, nor cold. But a bloody crypto massacre for many
Don't take my words for granted, do your own analysis to confirm, and trade at your own risks.
Reverse Cup And Handle SetupHello Traders.Here we Have A Reverse Cup and Handle retesting And Ready for A Sell!Sell!Sell! Ultimately I see Price Going to the .618 Fibb Level,Going Back to trend line Then Testing Off the .382 level Before Breaking out of A Triangle Pattern On the Daily To the upside. We See How it plays Out. For Now Hop onto The Sell!
AUDJPY: channel breakoutHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
AUDJPY :
the price braked a neat parallel channel and I expect further bearish movement.
please note how the price moved in the ascending channel that shows weakness of buyers.
Our first target is shown on the chart (support zone).
please remember any analysis can be failed. so, manage your risk and respect your stop loss.
NZDUSD tradeHey everyone,
i pinned, where i go to the short trade. When is the risk 2%. So this week i have two trades. First 4%, this is -2%. My week have now 2% in profit.
For my idea is the next level, because i have see next trade with bad stoploss. For me is mistakes, which me push up.
Jindrich.
Bull run in BitcoinAfter breaking a power dynamic trend line in 4H time frame, both in price and RSI; we can expect to have a Bull run in forward days.
Another reason for this analyse is that; MA 100 is break by MA 5 and until we are upper than Ma100, we are in ascending wave.
I think we can buy here ad after breaking 60k, for high goals.
My TP are:
1. 72K 2.80K 3.95K
Stop loss: 54K
IDEA - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow.
IDEA is sitting around daily support. And as per my last video analysis (attached below), we were waiting for IDEA to form a new swing high around the red trendline to consider it our trigger swing.
on H1: our red channel is now valid but it is not ready to go yet. Before we buy, we want the buyers to prove control by breaking above the last high.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, IDEA would be overall bearish can still trade lower inside the green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich