DOT in a pinchCurrently DOT is still deciding whether to push up or go for a deeper correction. My setup is so: If DOT stabilizes in the 35.5-36 dollar level, a break out of that would give us a price target of around 42 dollar (sorry if its really of/inaccurate im dragging using my phone and it has been hell to do it).
If the following two days DOT does not see a price movement around 36 levels, then expect a deeper correction to around 29 following the trend line after the dip.
Hope to see price pushing up since i still have half of my position open. Good luck to everyone, don’t give up even though this month has not been good. It is just a transitionary phase, changing of hands if you will, those who cannot hodl will get the short end of the stick.
Not a financial advise
Bullflags
Another bull flag, or bearish black swan?Another bull flag . Bearish black swan also appeared
Interestingly, the blackswan has the same fibro targets as the previously failed bearish gartley
Bull flag:
- long neck (good)
- continuation of strong trend (good)
- at resistance (bad)
Bearish swan:
- at resistance (good)
- bulls need a rest before going to higher high (good)
- bull flag might be a stronger indicator? previous gartley in same situation failed (bad)
Let's see how this plays out
Not financial advice. Educational purposes only
USOIL 61.19 - 1.94 * PRICE ACTION & STRUCTURE CONT. PTTNSHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE CRUDE/ USOIL .
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
DOT CRUCIAL moment: YOU DECIDEFrom the previous sell off, you can see that the drop was anticipated by the bear flag it was forming from before.
Now, we see a bull flag, where the price has just broke out of the flag. The breakout will be confirmed once the 4h candle closes, which gives us a price target of 36 if pulled from the relative bottom and top of the bull flag. If the price goes back down, expect the price to dip to around 29 dollar level.
To be honest, im not really confident with current market, due to bitcoin struggling to hold the 56k level. I have closed half of my position, with other half holding due to this breakout. Really hope to see new money coming in and push the price back up to previous highs - good luck everyone.
Not a financial advise.
MTL Point of Control Here MTL has held the .66 Fib Retracement of the last big move up, its currently under the daily point of control, If we break this zone this is very bullish
🔥 CAKE Bull Flag Beak OutAfter seeing incredible returns a few weeks ago, CAKE has been trading inside a downward channel for around a week now. With the market being exceptionally bullish right now, investors saw their chance to start buying CAKE again and push it through the channel. This signal assumes that the break out will continue with a new ATH in the near future.
Happy trading!
DMANI know it's been a hard run for holders of DMAN.
I know first hand as I have watch this stock do nothing for almost 2 months except 1 huge fast wick to .03c and unless you had sell orders in place like a ninja you basically missed that move.
And I am suggesting more downside due to the pending stock market pull back.
But you can buy 1000,000 shares of this stock like Warren Buffet buys APPL and hold DMAN for .07c.
You would turn $500 into $7k.
IDK but I'm going to place some stank bids.
$CRV Breakout Imminent $CRV will melt faces. As mentioned in my previous idea, I expect $CRV to go parabolic upon breakout. Everything about this chart is bullish (cup and handles, bull flags, ascending triangles, long periods of accumulation). Rays on the right are accurate Fibonacci levels, with green rays indicating take profit targets. The bar pattern is for fun and added to demonstrate possible market movement. Bar pattern is from $FIL, slightly tweaked. Good luck all, let's make some money.
Please feel free to leave any comments, and checkout my $EGLD idea ;)
ALICEUSDT 4H long setup; Retest of broken desc parallel channelTA explained
ALICE broke out of the descending parallel channel. Currently in a pullback. A retest of the W-neckline can be expected and the entry zone is positioned between the 0.5 and 0.786 fib levels of the latest impulsive move.
Trade setup
Best entries: 12.910 - 13.758
TP1: 15.181
TP2: 17.477
TP3: 20.645
SL: 12.023
RR: 5.61
Max leverage: 2x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
Harmony ONE USD Bull ContinuationGood day Traders, I believe we will see a follow through as in chart. Not financial advice, just my current view. Please leave a like if you agree, or let me have your thoughts below. Cheers.
Bullish Pennant for TNY?On a long-term chart for TNY, it appears as though the price has formed a bullish pennant pattern in blue.
The RSI is displaying a bullish flag.
A bearish cross has occurred on the DMI where I've placed the red downward pointing finger.
The price has noticeably broken the red downward sloping resistance of a Macro descending channel and upon back-testing has acted as support as of this moment, inherently bullish.
If the blue upward sloping support of the bullish pennant is lost ideally I'd like to see bullish buy pressure at the old red resistance of the downward sloping channel, it should act as support again if there's going to be a convincing shift from bearish to bullish sentiment.
BTC @ BULLISH /ENTER MISSED TARGETS NOWPHEMEX:BTCUSD BINANCE:BTCUSD
BTC Is still bullish for who missed the entries have a chance to enter long as BTC retesting some key level supports. After retesting BTC will sure goes to 🌙. Nearly 72k.
Resistance at 61300,60500
Supports retesting are selected for entering position
Entries 1st 59000
2nd 58000
3rd 57500 ( Lower Major Support )
Leverage X2 / X5 Max
Stop lose @5%
Always put trailing or stop losea above entries.
I'm only sharing my perspective on how BTC should go.
Above mentioned entries are mine not advised to follow.
Always DOYR before entering trades.
This is not a financial advice.
BTC wants the 70k 🦐BTCUSDT after the break of the bull flag is now testing the resistance at the previous ATH.
The price is moving over an ascending trendline and according to Plancton's strategy if the market will break above we can set a nice long order opportunity.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
HBAR Bullish Price ActionHedera Hashgraph (HBAR) has been consolidating in a bull flag within a larger trend structure (parallel channel).
It is nearing the lower band of this channel and appears ready for another leg up.
The Stochastic RSI is oversold and has just crossed bullish, and the double exponential MACD is flashing a buy signal.
Given that the falg extends outside of the trend structure, I expect HBAR to break out of consolidation on its next test of the upper flag resistance.
If it repeats the same rally it did in March, we could see $1 before a significant correction occurs.
UPWK - Gaining momentumUPWK has established a strong horizontal support zone @ 39-41 (which is about 50% fibonacci retracement of the major AB swing up). It bounced off a mini double bottom here and soon began consolidating between 44.50-47.50 in the past week.
Today it started to move out of this bull flag and with RSI now rippling above 50, the chance of a sustainable upside is good.
Long with initial stop loss just below 44. Trail stops up as trade goes our way. For swing traders, suggest to scale out on the way up @ 55 and then 64.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)