Agld Breaking outDescending Channel Breakout has Already confirmed
Retesting In Process Incase Of successful Retest expecting 150 To 160% Bulish Move
BTC-ETH-XRP
Performance recap 2022With the start of a new year, 2023, we would like to wish everyone a successful year ahead. Today, the U.S. stock market is closed due to the observed New Year Day holiday. Therefore, we would like to recap the performance of various assets in 2022.
Performance of the major U.S. stock market indices in 2022:
1. Nasdaq Composite Index IXIC = -33%
2. S&P 500 Index SPX = -19%
3. Dow Jones Industrial Average Index DJI = -8%
4. Russell 2000 Index RUT = -21%
Performance of FAANG stocks in 2022:
1. Meta Platforms (Facebook) META = -64%
2. Apple AAPL = -26%
3. Amazon AMZN = -49%
4. Netflix NFLX = -51%
5. Google (Alphabet Inc.) GOOGL = -39%
Performance of the 5 biggest #cryptocurrencies by market cap (excluding stablecoins) in 2022:
1. Bitcoin BTC = -64%
2. Ethereum ETH = -67%
3. Binance Coin BNB = -51%
4. Ripple XRP = -58%
5. Dogecoin Doge = -59%
Illustration 1.01
The picture above shows the daily chart of the total cryptocurrency market cap. In 2022, the total cryptocurrency market cap lost $1.436 trillion, which accounts for a loss of 65%.
Illustration 1.02
The total cryptocurrency market cap, excluding Bitcoin, lost 66.7%. That translates to a loss of $586.18 billion.
Performance of precious metals in 2022:
Gold XAUUSD = -0.27%
Silver XAGUSD = 2.84%
Platinum XPTUSD = 11.58%
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Good evening, we are from Ukraine!Good evening.
I leave a promising deal that will work in the near future. If you want more such deals and a more detailed overview of the situation, follow my page, because there will be a lot of interesting and useful things ahead!
Good luck to everyone!
#ETH
#ETHUSDT
#USDT
✅RETAILERS ALREADY FORGET ABOUT SHIBA INU! 3 TARGETS🔥🔥 Hi friends! A lot of traders already forgot about the meme coins such as SHIB and DOGE. It's very good for the petience and profitable traders as we are. I metioned the $0.00079-84 velue area as the support in the previous trading plans on SHIB , so the price was stopped there.
✅ BUT in this idea I want to show you the best entry point before the SHIB will pump.
Just take a look to the SHIB most common pump pattern. I'm sure you neve mention it. After the some consolidation in the 5-10% range, SHIB making a huge pump. It as in 2 cases before, I think that this time the pattern will work well. We just need to find the best entry point with high RR and short sl.
🚩 It worth to add that on every PUMP the whales🐳 sell thie coins (just take a look on volume indicator). This situation is really visible on such centrilized altcoin such DOGE and SHIB cause they have 20-30 biggest wallets that hold 50-70% of all coins. Of course, they want to sell it.
📊 The trading plan to open a long:
🔥 accumulation in a 5-10% range
🔥 squeeze to the trendline
🔥 huge buy order on DOM and Footrpint by the whales
✅The 3 MAIN targets for SHIB:
1. $0.001 - the key level
2. $0.00116-125 - the value area
3. $0.00137 - local highs and key level
Traders, book the profit by parts, because trading is about making money and not close your trades at loss and breakeven.
🚩Do you agree with my targets or think that altcoins will fall? Write your thought in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
❗❗🔥BREAKING: $643M of locked SOL will flow to the market soon..🔥 Hi friends! Alameda (FTX) hold aprox. 46% of all staked SOL (49M SOL). It's above 10% of total SOL supply and THIS IS A HUGE AMOUNT OF COINS!
A lot of info about these SOL coins start to spread through the social networks. The best one is "SOLANA COINS WILL BE SOLD ON THE MARKET AND DUMPED THE PRICE SOON"!
🚩 WHAT YOU ACTUALLY NEED TO KNOW ABOUT FTX AND ALAMEDA SOL COINS?
✅ Alameda reserves in SOL:
1. 48.6M locked SOL
2. 10M unlocked SOL
Total is 58M SOL.
🔥BUT locked (and staked) SOL is FROZEN until 2025 MINIMUM (average). No one say you about it because it's not heat and scared the retail traders/investors. That is how "bad" news works.
📊 THE PRECONDITIONS TO OPEN A LONG ON SOLANA:
1. liquidation of the most traders on the market and collection the new fuel for growth through the consolidation below the trendline or in channel
2. squeeze to the trendline before the breakout
3. bullish BTC is must have for the growth of any altcoin
🚩 I bet the good news about SOL will apear when we already enter the trade and it pump the price by 20-30%. This will be the clear example how reverse the news works.
✅ MY TARGETS FOR SOLANA LONG:
1. $15 - key level, local highs
2. $19-20 - key levels and even number
3. $27 - the possible mirror level
4. $31-34 - the closet value area
🚩 Friends, I mention the 110% liquidity gap for you where the price not stop, cause there is no liquidity (barriers) for the price to stay. The price break such liquidity gaps so easy, especially, if the good news will apear.
The main task for SOL now is to close above 1st and 2nd target.
Remeber about risk management and book the profit by parts!
🔥 Mates, does it idea useful for you? Do you hold SOL now or sel it a few weeks ago? Let me know in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
🔥MUSK PUMPS DOGE AGAIN: Elon-PHONE IF TWITTER WILL BE BLOCKED🔥Hi friends! Elon Musk pump DOGE again and again. The reason for this was the rumors about BAN of Twitter by Google and Apple. Elon's answer, as always, fueled up the crypto community, which pumped the Meme Lord's favorite coin.
🔥 But what the techical analysis can tell us? DOGE make a pullback after this PUMP and now is going consolidate in the range as it was a month ago.
Volume indicator confrim that plenty of retail traders and investors had bought this coin during the last 2 pumps. The price should cool down, so the price movement in a certain range is important for further growth.
📊 THE PRECONDITIONS TO OPEN A LONG:
1.accumulation or trading range. A lot of traders will buy the coins in this range to make money on long but the price will go lower woth high possibility
2. sl collection below the key level (lows of the range. The main idea is to take the sl of the retail traders and continue to grow.
3. Return of the DOGE price above the key level (false breakout). The bulls show a strength. Here is the most profitable and safest place to open out best traders with 1:10-15 RR.
4. Bullish BTC is the must have for DOGE and 99% of alts grow.
🚩 Take a look on the chart and you will see that the same situation is already heppend (1). Now you just need to follow the preconditions that I mention above.
✅ My targets for DOGE:
🔥 $0.108 - the key level and local high
🔥 $0.123-0.132 - the huge value area
🔥 $0.168 - the key level nd strong resistance for the price
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
FLASH TRADE ON THETA 1st TARGET 18%Warning: These trades reflect my trading history and are not investment advice and I am not your financial advisor
Trades will be updated on the same published chart such as Take Profit, Early Exit or Partial Exit..... Good luck to all
Smart money dumb tradesThe major issue with 99% of retail, is that they seek tops and bottoms. They watch a video or read a post and DIVE not knowing, or understanding some simple logic.
To be a successful trader you need a level head. As soon as you realise profits are made in a range and not by trying to time market tops and bottoms, there more you succeed. There are thousands of techniques out there, some that have a high hit rate, others that don't, some are complex and some are simple. In instruments such as Bitcoin - you also now have tools such as on chain data. The issue is and will always be, liquidity. Money is made by someone else losing!
Retail will see things like Elliott wave and dismiss it - "ah it's old, ah it's broken, ah I don't get it..." We as humans can find the good, the bad and the ugly with all techniques.
All we are really trying to do is, re-affirm our personal opinions, defending loyalties and find angles to attack anything that is not aligned with our desired outcome. Hindsight equals the ability to explain the past but in doing so, creates an illusion that we "now understand" it all makes sense. People don't understand because they cannot explain it. Regardless of wanting to or not. Our own unique perspective is built on our own unique experiences - trying to make sense of the complicated situation.
The reason I talk about this - is that when you only take snippets of data from one source, or worse, several sources. It's so easy to get confused and mix up your own beliefs. In this current BTC scenario - people are desperate for a bottom to be in. It's all they seek, so when an influencer or educator mumbles the words - bottom, they assume it's to the moon we go. Thus, supporting the personal belief and desire.
Every professional trading strategy, requires confirmation. If the expectation is we rise from here - we need logic as to why? if it is we are likely to drop - then, what's the reason for that drop?
Over the last 2 years, I have made some of my Bitcoin calls public. There is a lot more behind the scenes that does not get posted, so what you should not do is - read a small percentage of a post or watch the first few minutes of a live stream and dive in. Your missing the bigger picture!
This doesn't just apply to my posts - this is in general. This will help you in the long run. You need your own level of understanding for the logic behind the move.
I can show post like this back in March this year;
And the outcome was as predicated -
We grabbed liquidity and dropped seeking a better accumulation range.
I've talked about value areas - this post goes back another year...
The outcome -
For me, it's knowing the "why".
The lesson here - is no obtain a bias of your own. Work on that to see inside the move.
My view is pretty much as I have talked about this last 14-18 months...
We have seen some stopping action.
Now you look out for a range -
Obvious liquidity in this zone.
So this is 100% a lesson and not a call. Now look at the range in detail, you will see a fair value level hidden in there.
Same goes for knowing the "why" - as Bitcoin becomes more institutional, it becomes more and more respectful. But as it does, tops and bottoms are still not what your targeting. Look at this from Feb last year from the first rally all time high.
Look at the post date.
These things are playing a game - it's all about understanding the rules.
On the way back up from the low shown in March last year, why would there be evidence for a truncation?
This image was the 24th of August. We go on to climax just above the 65k region...
Liquidity is the name of the game..
This post is the first in the Liquidity series of posts here on @TradingView
Have a great weekend!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
🔥HUGE falling wedge on DOT❗️The MAIN trading plan here🚀🔥Hi friends! Poldatot is most promises altcoin except ETH. The bridge between the blockhains is very usefull tool in crypto world, especially for the payment services.
Now DOT consolidate in the HUGE falling wedge and make LL and LH. It's not good, cause some of altcoin still make HH and HL, showing the strength. It can be related to the amoun of retail traders that entered DOT during the bull market and not sell most of their holdings.
🚩 At every low we can see EXTREMELY HUGE❗️ spike of volumes which shows how many coins retailers had. I think that the third DUMP is still possible. It will be related to the BTC dump to $12-13k. The $3-4 is a good key level for the long-term entry point.
✅ The local picture is the consolidation inside the range and breakout of the trendline with targets that I mention below.
📊 The main preconditions to open a long:
1. consolidation in the range with manipulation by the whales
2. squeeze to the trendline
3. bullish BTC
🚩 Just my recommendation is to use DOM and Footprint to identify the whales sell and buy orders. These tools will help you to increase the winrate by 25-35%.
✅ My 3 targets for DOT:
🔥 $6.05 - the key level
🔥 $7.3 - the key level and local high
🔥 $9.6 - the key level and local high
Traders, what do you think about DOT? Do it have a change to reach $30-40 on BTC rebound? Write your thoughts in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
🔥🚀IS MATIC THE NEXT GAINER AS TWT or DOGE❓I got +65% profit❗🔥Hi friends! MATIC hadn't fall as much as any other altcoins during the dump. It shows for us the pressence of buyer on MATIC. The main things that we need now is to find the best entry point with max RR and short sl.
🚩 Friends, MATIC is already make +65% from my entry point and make reach 1st target and almost touch the 2nd. I'm sure, that MATIC would be reach this target, if not the FTX crash. Congratulations to everyone who open this trade. Even now you in +10% of profit.
✅ A lot of traders were liquidated as well as stop-losses were triggered. The volume growth confirm it for us. Additionally we see gow the HUGE value area of $0.87-0.95 become the support.So now we can expect the pullback and it's can be just the beginning of the huge move.
📊 My main preconditions to open a long:
1. continue to consolidate inside the inportant value area of $0.87-0.95
2. squeeze to the trendline
3. bullish BTC or at least consolidation in the range
🚩 I have very usefull trading tools such DOM and Footprint which helps me to open a trades with the whales. This indicators show the biggest orders which related to the biggers buyers or sellers. So this tools easilly add to your winrate 25-35%, because the biggest players are usually buy or sell at the best price.
📊 The main 3 targest for MATIC:
🔥 $1.13-1.16 - the closest value area+local target
🔥 $1.5 - the key level and ipmortant resistance
🔥 $1.75 - the key level
🚩 The worts scenario will be the renew of lows at $0.82 and test the $0.87-0.95 value area s the resistance. The price will go lower with high possibility. So it's another thrade that you can open.
✅ Traders, remeber to book the profit by parts. As you can see, the any bad news now dumped the price so much and your profotable position can easilly return at breakeven🔥
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥BREAKING: Binance will delist all FTX pairs❗ Strange decision.🔥 Hi friends! Binance will delist all FTX trading pairs: FTT/BNB, FTT/BTC, FTT/ETH, FTT/USDT.
It is a strange decision for Binance CEO, because the company still not delist Luna and Luna2(LUNC) which was scammed and haven't enough reserves to recover. Investors lose almost $40B in Luna and USDT. Only Binance exchange lose $1.6B invested money.
✅ The same situation with FTT (FTX token). FTX echange announced the bankruptcy and literally scamed and Binance will delist it. We don't already final amount of money what investors and Binance lost, but I think this numbers is really close. Previously, CZ said that Binance gad going to sell $580M in FTT.
📊 WHAT IS GOOD FOR BINANCE IN FTX CRASH❓
Binance become only BIGGEST exchange on the market, because FTX was it closest competitor. The most money from FTX flows into Binance.
🚩 At the last online meeting CZ said that if they could solve the problem of how people store their crypto in their wallets, it would be a big boost for DeFi and the entire crypto industry, for the mass adoption of crypto and that he would not mind if centralised exchanges ceased to exist❗ Also, importantly, he said that they are now very actively investing in DeFi.
I have to add, that a lot Binance or related to Binance projects can copy TWT token chart and starts to grow. I leave here the list of most promises tokens for you:
🔥 BNB
🔥 TWT✅
🔥 CAKE
🔥 LINK
🔥 1inch
🔥 XVS
✅ Traders, was it idea usefull for you? Which coins of Binance seems next gainers to you? Write your thoughts in the comment!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥❗BREAKING UPDATE ON $900M SOL COINS UNLOCK: TIME TO BUY MORE❓🔥Hi friends! SOL make +29% rebound after the latest NEWS by Solana Foundtation on the coins was published. I share with you the current situation and my trading plans/targets for SOL in this idea! Enjoy it!
📊 This was good start of the week for Solana, because recently they announced massive partnership with Google Cloud. SOL even made +15% on this news.
Information about close relations between SOL and FTX was perceived especially negatively. The altcoin fall from $33 to $12. A lot of news about SOLANA coins unlock (worth of $900M) was published at Nov 9. This news dumped SOL. But FTX colapse and BTC fall push it even lower.
🔥Yesterday, official Twitter account of Solana Foundation made the first announcment on 28.5M of SOL coins unlock. “While 28.5M SOL was in the process of being unstaked during this epoch, the plan to unstake has now been postponed, and all 28.5M SOL have now been re-staked,” according to the tweet thread.
✅ This mean that unlocked coins were staked again and Solana Foundation don't let them go to the free market. The tweet pumped coin by +28%.
📊 TRADING PLAN FOR SOLANA
✅First of all, I think that local pullback to $23-27 is really possible in upcoming days. It's +30-40%.
This will be possible because of big amount of the short traders, that become FUEL for the growth🔥
🚩 I recommend you to find the local trendline (1-4h timeframe) and open a long trade on the before the breakout.
🔥 My targets are at least $20, but $23-27 are also possible, so book the profit partly!
✅ Another scenario is the return to the local support at $14-16. There a lot of sl are placed below this value area, so it's another chance for the whale to scare the reailers and accumulate more SOL.
The best precondition will be the growth of volume, but I personally use DOM and Footprint scalping tools to identify the whales orders and open a trade with them.
🚩 So, if the price fall below the value area and return above, it will be the best bullish signal!
Traders, have you already bought SOL or wait for the better price? What is your global targets for this altcoin? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade!
🔥SAM BANKMAN-FRIED: how to become a millionaire❓Chinese recipe❗🔥Hi friends! This is an urgent update for ALL traders. Alameda Research (Sam Bankman-Fried fund), which is an FTX exchange fund, has a large amount of altcoins on its balance. A massive sell-off could happen very soon if the situation does not stabilise.
✅ Also it's a great opportunity fot the traders.
📊 HOW TO BECOME A MILLIONAIRE FOR 1 DAY? SBF CASE!
The Bloomberg Billionaires Index has been updated, according to which FTX CEO Sam Bankman-Fried's (SBF) net worth is now $992 million, up from $16 billion yesterday. SBF become a millionaire, but still the multi-millionaire!:)
✅ As far as you know, CZ tweet about FTX token (FTT) force traders to withdraw their money from FTX exchange. This forced CEO Sam Bankman-Fried to start negotiation on selling the exchange due to the risk of bankruptcy.
🚩 ‼️ It is possible that Binance and CZ itself will face legal issues, because many traders lost money because of such "manipulations". More details later.
📊 THE POSSIBLE HUGE DUMP OF ALAMEDA'S ALTCOINS!
Alameda Research hold almost 41 crypto coins as FTX echange reserves. If the withdrawal from FTX continues, they will be forced to sell some holding to cover the losses and allow the traders to withdrawal money.
🔥 This is a list of tokens and coins (>$100,000 assets) that can be sold by ALAMEDA in the closest future.
🚩 Such situations is always the opportunity for the well prepared investor or trader. So if you find the best entry point to long or short, the price will FAST reach your take profit on such volatile market.
📊 SOLANA IS UNDER THE BIGGEST PRESSURE!
Approximately $320m in Solana tokens could take Alameda Research out of stacking in the next 24 hours. This is approx. 18 M of SOL. Be carefull with this token.
🚩 As far as we know, there are a lot of news that force retail traders to sell while the whales continue to buy. I use DOM and Footprint sclaping tool to track such whales buy/sell orders and share this data with my subscribers. According to this data I will decide to long or to open a short the alts or BTC.
📊 TECHNICAL ANALYSIS ON FTX CHART
Now FTT fall for almost 97% from the ATH. The traders in such situations say that the chart is "broken". But I marked 2 value areas for you:
1. $22-33 value area where a lot of tokens were bought and IF price return to this area, a lot of traders/investors will sold their tokens at the breakeven. So we can assume that it will be BIGGEST resistance for the price.
2. $3.4-4.5 very old value area which become the support for the price and already bounced to $5. If everything going OK to FTX and it will not announce bankruptcy, the price can consolidate above or inside this area. At least it will be the most positive scenario for FTX.
The worst scenario if FTX token fall below the $3.4-4.5 area and test it as the resistance what will be the disaster for someone who don't use the risk management and opportunity for the short traders.
🔥 Traders, do you buy or sell crypto on this DUMP? BTC or alts? Write in the comments and stay tuned for more updates!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
🔥75% OF CRYPTO MARKET MIGHT BE UNDER BINANCE CONTROL❗ BUY MORE❓🔥Hi friends! The monopoly of Binance will start, if FTX finnaly scamed. FTX was the top-2 exchange, right after the Binance. So now I recommend you to pay the attention to the strongest BINANCE projects or project based on BNB chain, because they can bring you the HUGE income in 1-2 year.
✅ The list of it I will add at the end.
🚩 RIGHT NOW: Binance have released the amount of crypto on their wallets. CZ yesterday named it Proof of Assets. Also, now you can find this information on the Binance website.
📊 TECHNICAL ANALYSIS
Now the BNB return to the HUGE accumulation area of $268-304, where the most coins were bought by the big players (whales). Now we see that price possibly make the false breakout of the lower boundary and this is strong bullish signal, if BNB close inside the area.
📊 The trading plan to open a long:
🔥 bnb still in the value area of $260-304
🔥 possible false breakout of the local low which take the sl of traders and the whales will buy even more coins
🔥 volume growth on sl collections
🔥squeeze to the local trndline after the breakout
🚩 Also, remember about DOM and Footprin which is my most important trading tools for scalping. They shows me the best place to buy and to sell crypto with the whales. So you can increase your winrate by +25-30% using just this scalping tools.
✅ The targets for BNB:
1. $300 - the top boundary of the value area
2. $335 - the local highs
3. $400 - the local highs after the pump
📊 Why the short trade is still possible? The main reason for the dump is BTC. So if it will fall to $12-14k, all the altcoin make -30-40% more.
🚩 The main precondition for the short trade is the fall below the value area of $260-304 and test it as the resistance. You can set sl above the local high and ope nice trade with 20-30RR. The main target is the closests support at $235-243 value area.
All of these plans I leave on chart, so you can use it at any moment!
✅ Now BNB skyrocketing on FTX. The price already reach it's ATH at $670. I think this is because of rumors that Binance will return the money to the owners of BNB on other exchanges (if this funds will be lost ). This is the possible reason why BNB start to PUMP.
📊 WHY THE POSSIBLE BINANCE MONOPOLY ISN'T GOOD FOR ENTIRE CRYPTO MARKET? 🚩
If BINANCE get the monopoly at the market, the problem of BINANCE will be the problems of the entire crypto market. If Binance will got in trouble (hacked, robbed, DDOS-attacked, etc.), this will immediately affect the price of Bitcoin, and since 99% of altcoins follow it, altcoins will fall even more.
🚀The list of coins related to Binance:
🔥 BNB
🔥 TWT
🔥 CAKE
🔥 LINK
🔥 1inch
🔥 XVS
✅ Actually, the relation to Binance is the main reason why these coins just return to the accumulation areas, despite the other alts make -35-40% and go to the hell.
🚩 Traders, is this idea usefull for you? What do you think happen to Binance in the future? What coins do you recommend to buy at the bottom og the market?
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade!
🚩✅ The 3 target for GALA, if the market reverse now!Hi friends! Now the price of GALA inside the channel and the 2nd test of lower boundary is possible, but only in case if BTC fall to $16-17k.
I think that the most possible scenario is continue of consolidation or local growth to the 3 targets that i mention below.
📊 The main reasons to open a long:
🔥 trap of the retail traders and volume growth at the bottom. It confirms the pressence of buyer for us
🔥 squeeze to the upper voundary of the channel
🔥 whales buy orders on DOM and Footprint scalping tools
🔥 bullish BTC will push the price of entire crypto market higher and higher
🚩 Can you image how many short are currently opened by retailers after 80-90% DUMP? I think that the liquidation of this short position could cause the HUGE pump of this Game-Fi project. The short traders become the fuel🔥 for the highly possible grow.
✅ Close your long in profit here:
1. $0.044 - the key level
2. $0.51-0.55 - the value area and strong resistance
3. $0.074 - the local high and key level
I recommend you to book at least the 60-70% of profit when the orice reach the 2nd target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
THE 3 TARGETS for CARDANO🔥: use these preconditions to long it🔥 Hi friends! Do you know when the price of ADA start to PUMP? It happens everytime when BTC start it's growth and pull the ADA and 99% of altcoins up. Now I make more scalping trades, because only scalpers can survive on such boring market. You can also copy it.
✅ In this idea I want to show you my mid-term view on ADA.
📊 The main preconditions to open a long:
1. liquidity collection below the $0.35 key level.
2. squeeze to the trendline, consolidation below the local trendline
3. BULLISH BTC push the price to the targets. All the alts is not ot volatile at the bottom, it's OK.
🚩 It's really important to mention that volume didn't grow during the dump (sl collection) below the $0.35 key level. It's not common thing that force me to think that pump is more possible than dump. The whales bought enough coins and there are no retailers at the market.
📊 My 3 targets for Cardano:
🔥 $0.4 - mirror level
🔥 $0.46-0.47 - so important value area
🔥 $0.6 - local high and key level
Traders, I recommend you to book 60-75% of profit when the Cardano reach this targets. Better to be with profit✅
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
BTCupdate| Expect to see a local rebound!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
▫️The buyer still could not contain the local level of $19.550 and the asset fell to $19.000 again.
▫️From the technical side, the chart looks good, it is clear that they are trying to hold back the level of $19.200 and do not let the asset fall below. I expect to see a local bounce to $19.550-20.200
▫️Also, reports from TESLA are coming out in less than 2 hours. I remind you that the company has 10.725 bitcoins left in the asset since the last reset, there is a possibility that the report will contain some information about the asset and the market may also react with a local upward movement, as it was in January 2021. Then the company announced that it was buying bitcoin.
I open a LONG position:
▫️Entry - 19.200$ (5-10X)
✔️Take profit -19.750-20.200$
✖️Stop-18.450$
‼️Not financial advice, make your own decision whether to enter into a deal or not.
Bitcoin may test an important zone!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
▫️Bitcoin was able to break out above $19.200 and again returned to the important local support of $19.550, if the buyer can contain this zone, then we will most likely see a rise to $20.200-20.470 followed by a rebound down
▫️Further on, according to the plan, I will consider a deal in short, later I will write from which zones (I wrote about it above) while without a position, I want to watch a little more...
Chasing DXY - S&P, BTC, XRP DXY is becoming interesting, with the global views of recession. What's happening in Ukraine, will we see another Covid round? Many traders don't know which way to turn. DXY is a good indicator for majority of the markets - after all, most commodities purchased globally are done with USD. Keep an eye on the following move as this will trigger the SPX rally, Bitcoins 5th wave and many, many more.
Here's a look out on the monthly view;
Stepped down to the weekly;
And finally, the daily.
If your keen on crypto - watching DXY do it's dance is definitely useful. Take a look at the images in this post from a couple of weeks back, you can see how these levels also effect Bitcoin.
Have a great weekend!
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
🔥🚀NEAR make false breakout: STRONG BULLISH SIGNAL?Hi friends! NEAR make a DUMP together with another crypto yesterday. Hope you follow the scenario which I published yesterday, coz this manipulation were highly expected.
In this idea we will talk about the another possibility for you to open a trade on the pullbacks and make a profit.
✅ Before the longs, take a look to my previos idea about this altcoin. As I said in that idea, watch BTC. If it show you the bullish signal, all the altcoin go up. It's not happen.
NEAR reach all short targets after the breakout of the channel. Amazing entry point at the test the channel as the resistance. Congrats traders who get profit and close it`s shorts last 2 days.
📊 Now let's talk about my preconditions to open a long:
✅ false breakout of the key level+volume growth
🔥 some pullback to the key level of $2.9
🔥 squeeze to the trendline
🔥 bullish BTC
🚩 The targets:
1. $3.35-3.65 - the closest value area
2. $4.13-4.46 - the value area and strong resistance
3. $5.28 - the key level
🔥My recommendation is to book at least 50-60% of profit. Set your sl at the breakeven when the price reach the 1st target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
USDT.D is weakeningUSDT.D is weakening. My guess is crypto will be up for about a week while USDT.D finds the floor again for another bounce higher. The indicator is showing which way momentum is pointing. When USDT.D goes down, crypto goes up.
Most of my charts are posted on Twitter.
