$BINANCE:BTCUSDT : "Always have two strings to your bow"Hello Fam,
$Bitcoin: Always have two strings to your bow
Bitcoin made a good run as we all expected and broke out of 525 day's high around 32.5k $. It never slowed down till it hit 44.5K $ target. Funding rates are too high and need to reset. RSI is overbought and Stoch RSI is in the same condition. So there will be correction waves too. Correction waves are important equal to impulse waves in uptrend. No correction = Market exhaustion for now 42k is the first level of support that i expect it to be tested soon (fib. 0.5 of correction wave). Next resistance is 48.5k $ ~ 50k $ (fib. 0.618 ~ 0.650) and i believe there will be more side way moves, decline + Dominance drop + alt party, right after reaching that level.
Another perspective is price moves in channels. too many to count, but there are some that can be easily identified. PS: when a trend breaks a channel (either way) it's expected to continue its move as the size of the main channel. The idea matches the fib. levels mentioned above. Price broke 41.5k $ as the midline of the channel. but haven't tested it yet on W1. The upper boundary of the channel shows 50k $ as well.
Weekly closes in 13hrs from now and there will be volatility. I'm not a greedy trader. I am a conservative trader and I believe in the phrase, "Always have two strings to your bow." So, I will partially reduce my exposure to the Bitcoin market and secure my profit just to be able to buy coins at corrections with greater discount.
Short term Bias: Bullish
Midterm Bias: Bullish
- Supports: 42500 - 39500 - 36500 - 32500
- Resistances: 44500- 48500 - 50000
- As always, DYOR before taking any financial decision.
Bullrun
NKE - Just Do It ✔️Hello TradingView Family / Fellow Traders,
On Weekly: Left Chart
NKE has been hovering inside a range in the shape of a symmetrical triangle.
Moreover, it is currently sitting around a strong round number 100.0
🏹 Hence , as long as the 100.0 support holds, we will be looking for buy setups on lower timeframes.
On Daily: Right Chart
📈 For the bulls to take over, we need a momentum candle close above the last major high in green at 107.0
📉 Meanwhile , NKE would be bearish, and if the 100.0 support is broken downward, we can expect a bearish continuation towards the lower weekly trendline where we will be looking for new buy setups.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
COSMOS NETWORK AKA ATOMCheck out Cosmos Network , a heavy hitter in blockchain with a whopping $45.416 billion market cap as of writing. This place is a factory for fast blockchain creation and it's got the cash of web 3 VCs backing it. Built on IBC .
Now, let's talk $BINANCE:ATOMUSD. This coin's set for a big leap in the 2024 bull run. Think of it as stacking sats and eth, but with more firepower. This is where the smart money's at.
DeFi is evolving fast. Fall behind and you're just fodder for the big players. (Valortraders will receive institutional funds to trade with within the next decade) Stay ahead and you own the game. Come 2025, the slow ones are going to be left holding an empty bag, while the sharp ones take it all.
We're going to see a lot of new faces buying their first crypto, messing around with their first wallets. But the real play is deeper than the Bitcoin buzz the media's selling. It's about getting in on crypto and DeFi – that's the future.
I've been playing this game for eight years. I know the market's rhythms – it's all about timing and insight. With the right moves, a 100% win rate isn't just possible; it's within reach.
So here's the plan: dive into $BINANCE:ATOMUSD.
This isn't just a trade nor a shitcoin; it's a calculated move.
We're going to ride this wave and come out on top.
Cheers to all the winners and the liquidity givers.
Valortraders on top. Shaking up the trading industry one line of code at a time. Always looking for visionary builders with strong skills. Don't hesitate to DM me with any questions. My purpose is to help people become better traders.
ETH bull run This chart is a simple Elliot wave analysis of the cryptocurrency Ethereum. This chart is on the monthly timeframe using a line chart for a clearer picture. The starting point is an impulse leg with a small pullback with indicates impulse instead of correction. Price after completing 5 legs with an extended 3rd leg finally topped and retraced perfectly to the 0.786 Fibonacci level. The retracement was also a near perfect fib extension of first corrective wave down (not drawn). At the current moment price appears to have finished the correction with the final (Y) wave down and shown impulsive wave characteristics. I predict a bull run from here and suggest buying for a long term hold whenever the market has a pullback.
Pre halving BTC: institutional greed, chaos and orderWith less than 100 days remaining until the next halving, BTC has followed the projected trajectory. Given the buzz surrounding ETFs and the current market conditions, a pullback seems probable. The initial support rests at 36k, with the subsequent support at 32k. The initial support will probably uphold the price, so I'd suggest a 65/35 liquidity split between these two zones. Until the all-time high is broken, discussing the next bull run may seem premature, but it's important not to underestimate institutional greed and Bitcoin's inherent scarcity.
BTC Blue Print Update 9 Months Later!Here's my update on my previous BTC post 9 months ago.
So far so good, is the major correction coming soon? I'm definitely looking forward to it.
If you're into crypto I would highly consider not to pass on this possible life changing opportunity!
I'm only posting this as a future reference for myself, journal and learning purposes.
Not financial advice.
BTC - It is a matter of time ⏱Hello TradingView Family / Fellow Traders,
📈 BTC has demonstrated an overall bullish trend, trading within the ascending channel outlined in red.
Following a rejection at the 48,000 - 50,000 resistance range, BTC experienced a decline and is currently approaching the lower red trendline.
Additionally, the zone between 44,500 and 45,000 serves as a robust support area.
🎯 Therefore , the highlighted red circle signifies a significant zone to consider for potential buy setups. This area is noteworthy as it marks the convergence of the blue support and the lower red trendline, acting as a non-horizontal support.
📚 In accordance with my trading style:
As BTC nears the red circle zone, I will actively search for bullish reversal setups to capitalize on the anticipated next bullish impulse movement.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Is it time for CFX? Thanks to SEC's BTC-ETF approve alt-season is gonna carry on. What I am looking at is 70% potential move and beautiful triangle pattern after big impulse in October. We need only one confirmation to go up which is break the downtrend channel in 1D TF, also closing candle around 0.22 in 1D TF is gonna be huge confirmation too. I will be taking profits at those green lines.
How To Make Money With Crypto Trading BotsWe are at the beginning of a huge crypto bull run when it is possible to make millions of dollars with strong altcoins. So how is it possible to know if an altcoin strong or it is weak?
Look at the community around the altcoin you want to profit with. I prefer to count the traffic which comes to its official website first. Is the traffic rising or it is falling?
Also look at the altcoin's twitter and discord. How people react to the news. Do they write many comments or not?
But the most important thing is which funds have invested into the altcoin.
Lets look at the biggest gainers from the previous bull run. I remember Solana, THETA, Polkadot, Cosmos etc.
I prefer altcoins which were funded by Tier 1 funds. At least one or two (there are only 22 Tier 1 funds in the market now).
After that I look at the chart. I don't want to buy altcoins that are already overpriced.
One of the best examples of altcoins I have found for accumulation for the future bull run is APTos. It is not very expensive, have the great community, valuable traffic to its official website and so on.
We will need to find 10 - 15 altcoins like APTos to make our millions of dollars. And I will help you to find the most profitable ones.
The best way to accumulate an altcoin I have found is starting a position with a grid trading bot. It is the most simple yet very powerful tool you can use to get as much altcoins as possible before it is not too late.
Why I prefer to use grid trading bots? Because these bots can accumulate literally "free" altcoins for me. Here is how I use grid trading bots.
First I need to define the range for trading and second - how many orders will trading bot have.
And with APTos the low price for the trading is $ 3 and the high one is $ 25.
The number of open orders are 100. And the profit is 0.72% ~ 7.16% per grid.
So what is the goal? The trading bot should return to me all the money I invested and also it should give me a certain number of APT coins before I close it.
After that I can start a new trading bot position with the USD the bot have made for me and keep APT coins for the bull market to sell at the best price.
Do you like the strategy I use to accumulate strong alcoins for the crypto bull run?
#APE #Technical #Analysis #VIP #Eddy#APE #Technical #Analysis #VIP #Eddy
The analysis is on request and I made the chart for you in an educational way. Please also pay attention to the following explanations:
The green line that I specified is a PRZ point, which has become a static support and has a lot of power. Also, let's look at the multi-time frame with ICT and RTM tricks. And in Pullback, FTRs can also be triggered. Classically, our PRZ point has a very beautiful double bottom, the time frame is daily, the stops are not logical, the entry point and the trading stop are excellent, look for the entry trigger in the lower time frame. Please do not log in without getting confirmation and do so at your own risk. This analysis is suitable for traders, if you don't know how to trade and manage capital and risk, this analysis is not suitable for you.
The World Let it be Remembered...
Dr. #Eddy Sunshine
1/3/2024
Happy New Year <3 Enjoy ;-)
Can Shiba Inu make 400% move?As you can see Shiba haven't made any pullbacks since it made higher high. Now it's looking positive after 2 years. What I am seeing now is Bearflag, Double Bottom, and checked downtrend channel third time and ready to break it and make higher low's. Closing candle around 0.00001214 is gonna be huge sign to go even further. That means breaking Double Bottom's neckline and Downtrend channel. I will be Taking Profits at those green lines.
PERP LONG ENTRY : BUY SIGNAL : GONNA BE EPIC!So, after tracking the PERP retracement all day, the fun's about to start.
Anyone that misses this will regret it..
I missed the long entry by $0.03 something
Will try to do better this time round.. ))
Time to go long..
Enter at current level ~$1.1520 with no more than 50% of your intended trade size.
Will let you know when to scale it up..
BIGTIME! WHAT TIME IS IT? BIGTIME! LONG ENTRY : BUY SIGNALThis little fan-favorite has been lost in the rabbit-hole for weeks, causing chaos and confusion and never hitting the $0.35 target I so badly wanted to see reached.
No matter..
It appears to have returned from rehab a happy, reformed and more importantly, compliant crypto..
Right..
So..
ENTRY: ~$0.572
TARGET: $1.38
PERP:USDT BREAKOUT : LONG POSITION SIGNALAs the title suggests, this is a fast-moving breakout, best get yer head straight. I expect it to come down to around ~$1.05 before heading back up at pace.
Any entry from the $1.10 area will be decent, however, so set your long entry around there.
It'll be quick, so don't dilly-dally.