Ardor channel movement in increments of 40%. Pivot pointsArdor moves in the accumulation channel with a step of 40%. Now the price has hit the trend line of the internal channel. Fixing the price above it gives a high probability of price growth to the upper boundary of the channel, and this is + 25% (white arrow).
If the price cannot be fixed above this trend line, then we will see movement to the bottom of the channel (yellow arrow). Next, see how the channel support will be maintained.
When the price makes a movement of + 25% to the upper border of the channel, you need to be careful. A channel breakthrough (blue arrow) may occur. If the price fixes above the upper trend line of the channel (red line), then there is a high probability of a large price increase. Like this is a pump coin.
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I often trade this coin, and I can clearly see how someone has been gaining a huge position for a very long time.
The points (zones) of the pivot, on which this or that movement of the price of a coin depends, I showed on the graph.
4 different entry options depending on the price movement.
With any movement you can always earn. The most important thing is the correct entry point, as well as having a plastic action plan.
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He also made the trading idea on this coin in September, when they drew a triangle, pierced it upwards by + 18% and this ascending channel began to form.
ARDOR Symmetrical Triangle. When breaking up 1 target + 65%
This is how this triangle looks now on the chart in the ascending channel.
Canal
LTC breakthrough downtrend line. Pivot points.LTC breakthrough of the downtrend line. If price fixes above the trend line, movement to the region of 71-75 $ is possible.
If there is no consolidation, then a possible return to support in the region of $ 51. Be careful here! This support is critical. If it is not held back, then a possible decrease in the downward channel to the region of 36-32 $.
If support is maintained, then some kind of sideways movement will begin, as in the previous downtrend. Further on the situation. I specifically highlighted this zone on the previous downtrend and the situation now.
In the past downtrend, too, many people believed in a market turn when a long lateral movement began. What came of it yourself you see on the chart. Those who believe and do not exit stop loss from the market received a halving of funds.
All levels with goals and pivot points, on which the further price movement depends, I showed on the chart.
At the expense of stop loss, it is important not the size of the stop loss, which is more likely to be knocked down if there is a good movement, but the ENTRANCE MOMENT.
I trade LTC periodically. You can see other trading ideas for the last half a year at my related trading ideas.
OMG Ascending Triangle. + 21% Channel + 30%. Entry points.OMG Ascending Triangle. Earnings with different price movements.
Rising triangles mostly work up. Perhaps this upward triangle will become a reversal pattern of a downtrend. A break of the triangle up and working it out to the widest part + 21% will mean a break of the channel. Just at a height of + 21% is the first resistance. If this happens and the price consolidates above the accumulation channel, a trend reversal may occur.
1 entry option.
We trade a triangle. Entrance on the breakthrough of the triangle or on the rollback after the breakthrough, depending on your strategy. The potential is from + 21% and the target is above the channel if the price can consolidate above the accumulation channel. And a trend reversal will occur.
2 entry option.
We trade channel potential. This is if a triangle is struck down. (Low probability). Entrance at the bottom of the horizontal channel, with confirmation of support. The potential to the upper boundary of the horizontal channel + 30%.
The pivot points of the price, on which this or that movement will depend, I showed on the chart.
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Ascending triangle.
The ascending triangle is a figure of growth. This means that no matter what movements were in front of the figur, after the completion and confirmation of the figure, the price on the trading instrument goes up in 90% of cases. You need to understand that if one person (or group by conspiracy) controls a fully defined instrument (coin), then there is a high probability of fraudulent movements against logic and rules. But in 90% of cases it works up.
An ascending triangle is a bullish pattern and is formed on an uptrend as a figure of the continuation of the trend. It should be noted that in some fairly rare cases, the upward triangle may complete the downtrend (bearish) trend and act as a reversal pattern. However, regardless of whether it was formed on an uptrend or downtrend, its appearance is an indicator of accumulation, preceding the upward movement of prices. Very rarely there are exceptions.
Unlike neutral figures, an ascending triangle can be identified until the upper resistance line is broken.
In fact, the bulls encounter a strong level of resistance and make a number of attempts to break through it, forming approximately the same maximums on the chart. However, each subsequent correction will be less and less deep, which indicates a weakening bear pressure on the market and an upcoming continuation of the bull trend. Everything has its own reasons. You need to understand for what reasons and how one or the other figures are formed.
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Target
To determine the purpose of the price movement, it is necessary to measure the distance of the widest part of the figure and put it up at the breakpoint of the triangle. If we take the entire width as 100%, then we must leave the position at a distance of about 80% of the planned movement. It’s better to get out before everyone else. I always do that, especially when the position is big.
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Rules for all shapes of Triangles.
1) Price breaking is likely to occur in the direction of the previous trend.
2) An odd number of vibrations (waves) usually occurs inside a triangle. It is desirable that their number be at least five (three down and two up or vice versa). The more waves, the stronger the signal.
3) It is believed that if the last wave of the triangle did not touch the border and developed earlier, then this will lead to a sharp price movement when one of the parties breaks through.
4) It is not recommended to trade inside the triangle figure.
5) During the movement of the price inside the triangle, the volume indicators should decrease, and during the break through of one of the sides increase. If the price after a breakthrough of the border is trying to return, then for the model to be successful this return should occur on a declining volume.
6) If, after breaking through one of the sides of the triangle, the price “tries” to return, then this should happen with decreasing volume indicators (otherwise this serves as a “not good” signal).
7) To confirm the opening of a position, when a triangle is broken, it is advisable to wait until the closing price of the Japanese candlestick is outside the triangle and only then open the position.
8) It is desirable that the price breakout occurs at a distance from 1/5 to 3/4 of the horizontal length of the triangle. If this happened later, then the triangle loses its breakthrough momentum and further price movement may be uncertain.
9) If the angle of inclination of the triangle is more directed upwards, then most likely the price will go up and vice versa, if the angle of inclination of the triangle is more directed downwards, then most likely the price will also go down.
10) It is believed that the fastest way out of a triangle occurs when the last wave of the triangle does not touch its border, but unfolds earlier.
11) After breaking through one of the sides of the triangle, very often this side becomes the level of support / resistance (depending on where the price broke up or down).
12) After breaking through, the price will go towards breaking through at a distance equal to at least the height of the triangle in its largest part.
BAT is at the bottom of its former channel Potential + 140% BAT is at the bottom of its former channel. The potential is up to the upper boundary of the horizontal channel + 140%. I have shown all the turning points and important support / resistance levels on the chart. The channel itself with a step of + 160% I’ve been trading it for more than a year.
Inside the channel, we see the formation of a “Cup with a handle” reversal pattern, which at the moment has become a reversal pattern after a downtrend. Now rollback after growth of + 111% which I predicted in past trading ideas for this coin in updates
Double bottom and entrance to the former accumulation channel.
And the result after 1 month
BAT There is a "Cup" Coin in the channel Option "Cup with handle
The result is two days later.
Impulse + 23%
A total profit of 111%.
All important areas if this pattern will work out I showed on the chart. The potential is from + 20% to + 111%. In more detail, I described everything on a large scale in this trading idea:
BAT Cup with handle Pivot points from +20 to 111% Channel bottom
A very important point (indicated in red) is the bottom of the horizontal channel. Breaking it and fixing under it will mean a bearish trend. _____________________________________________________________
Channel development potential + 140% The risk is minimal, as the price is almost at the bottom of the channel.
The potential for working out the “Cup with Handle” figure itself is from + 20% to + 111%, depending on which scenario we will go.
+ 20% -to the resistance of the cup, if we do not break through, then the figure is not confirmed.
+ 48% - still local high
+ 111% - full working out of the figure’s potential, as in the book.
Stop loss under the red zone. The lower boundary of the global horizontal channel. Or depending on the trading strategy that you use ______________________________________________________________
It does not matter if you are right or wrong. The only important thing is how much money you earn when you're right, and how much money you lose when you're wrong.
George Soros.
BAT Cup with handle Pivot points from +20 to 111% Channel bottom BAT Figure "Cup with handle." Now "handle" is being drawn. Pivot points on which the confirmation of the figure depends, I depicted on the chart. After this growth, the coin is now at the very bottom of the previous horizontal channel. Very important red zone. This is the lower boundary of the channel. The movement of the coin for several months depends on this zone. Either the coin will go on a bullish path and will be traded in a horizontal channel with a step of + 160% as before , or it will go on a bearish path. I adhere to the first option more.
The development potential of the “Cup with Handle” figure itself is from + 20% to + 111%.
+ 20% - until the resistance of the "cup", if we do not break through, then the formation is not confirmed.
+ 48% - previous local high
+ 111% - full development of the figure’s potential, as in a book.
Stop loss - under the red zone. The lower boundary of the global horizontal channel.
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The "Cup with handle" ("Mug") figure is a figure of the continuation of the trend. It is very reminiscent of the Saucer reversal pattern, but without the handle. One of the main features of this figure is that it is a continuation figure precisely on an uptrend. There is also a variant of this figure in mirror image on a downtrend: "Inverted cup with a handle."
The name of the figure was due to the external similarity with the shape of the cup.
The "Cup with handle" figure (Mug) consists of two parts:
1) Bowls.
2) handle.
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The stages of the formation of the figure and the Take Profit
1) The very first condition for the formation of this figure model is an uptrend. How is it a pattern of continuing the uptrend. Ideally, the trend should be strong enough and long enough, but not too "old". Otherwise, the potential for further growth and confirmation of the figure is sharply reduced.
2) "Bowl" - should have a smooth concave bottom. In an ideal "Cup with a handle" ("Mug"), the maximums of the glass (edges on the sides) will be at the same level (general resistance), but this is not a requirement. But, the more "ideal" the form of the "Bowl", the stronger the signal. More rounded shape of the figure "guarantee" a fairly good consolidation and is a more reliable sign with strong levels of support and resistance.
3) After the formation of the "Bowl", the second obligatory component of the figure is formed - this is the "handle". After the maximum is formed on the right side of the "Cup", a small rollback occurs, which is formed to the right of it and which forms the "Handle". It may look different and take different shapes and shapes: flag, pennant, triangle ... Also, these shapes meet with the “Pen” without tilt, but with horizontal movement. Usually, the handle in height does not occupy more than 1/3 of the height of the glass.
It is believed that the smaller the “handle”, the stronger the breakthrough and further movement will be. The edges of the handle are approximately flush with the edges of the glass, which once again confirms the resistance of the figure. "handle" is the last step before the final formation of the figure and the subsequent breakthrough of resistance. The breakout level of the figure is located at the level of the edges of the "cup" or slightly lower if the "Handle" is tilted down (at the level of resistance of the "Handle").
4) The timeframe is of great importance. The longer the formation takes, the more reliable the signal is considered. The larger the time frame, the more reliable the signal.
5) As a rule, at the bottom of the "Cup" the volumes have a minimum value. Then, the volume indicators during the formation of the second part of the "Cup" should gradually increase. On the rollback, prices during the formation of the "Handle" should go down. At the breakout of the resistance of the "Handle" have a maximum value. When the resistance of the figure breaks through.
6) The goal of working out the figure is the distance between the minimum and maximum of the figure (resistance). Overlaid is the distance from the resistance breakout zone. But when setting goals, you need to consider global and local levels. They greatly depend on how the goals in the figure work out.
Potencial Compra +100 PIPSObservamos un canal cuyo recorrido paralelo es de aproximadamente 800 pips, donde nos encontramos en su canal superior (el cual cuenta con un rango paralelo de 500 pips).
Esperamos una posible compra, con un previsión de entrada en 60 pips de SL (1.76404)
Entrada: 1.77004
TP1: 1.77294 +30
TP2: 1.77812 +80
TP3: 1.78081 +100
Potencial Compra +200 pips Ya recogimos nuestro primer Take profit. Estuvimos a la espera de un posible hombro cabeza hombro invertido, y se está cumpliendo muy bien.
La espera continúa hasta el punto 1.24586, donde iniciará el posible retroceso.
Una vez llegado a ese punto (1.24586) esperamos entrada para compra, y damos inicio a nuestra orden. Para encontrar nuestros Take Profits en ésta operación por favor visita el siguiente link. Recuerda, ya cumplimos con nuestra primera parada, no te pierdas las siguientes.
NOTA: Para obtener satisfactoriamente los beneficios de éstos análisis, recomiendo mantener el seguimiento a la acción del precio.
Potencial Compra +70 PIPSObservamos un canal cuyo recorrido paralelo es de aproximadamente 600 pips.
Esperamos un posible retroceso (menor a 10 pips desde su punto actual) para poder iniciar una compra, desde el punto 1.24712, aproximadamente; y perseguimos 70 pips.
Entrada: 1.24712
TP1: 1.24909 +20
TP2: 1.25097 +40
TP3: 1.25453 +70
NOTA: Recordemos que en todos los análisis publicados mantenemos seguimiento a la acción del precio a la hora de obtener la entrada.
Potencial compra +200 PIPSObservamos un canal cuyo recorrido paralelo es de aproximadamente de 600 pips. Esperamos a que continue en alza desde su punto actual hasta que rompa la línea del canal interno, o un retroceso previo, de aproximadamente 20, 30 pips.
1. En dado caso de continuar la tendencia e irse en alza, nuestra entrada estaría luego de romper la línea del canal interno.
2. En el caso que haga un retroceso previo, esperaríamos a que el punto 1.85147 nos dé nuestra entrada a compra.
TP1: 1.85531 +40
TP2: 1.86214 +100
TP3: 1.87149 +200
Potencial Venta + 40 PIPS + Continuación Observamos un canal, cuyo recorrido paralelo es de 120 pips aproximadamente.
Perseguimos unos +40 pips, en primer lugar con una VENTA.
Entrada: 0.69689
TP: 0.69689
Una vez obtenido el TP; debemos mantener seguimiento a la acción del precio para encontrar la entra a la próxima dirección que tomará el precio.
Dirección A
Entrada: 0.69728
TP1: 0.70433 +30
TP2: 0.70911 +60
TP3: 0.71280 +100
Dirección B
Entrada: 0.69534
TP: 0.69153 +30
Potencial Compra +50 PIPS y Venta +170 PIPSObservamos un canal cuyo recorrido paralelo es de aproximadamente de 600 pips.
Nos encontramos una potencial COMPRA.
Entrada: 1.85067
TP ÚNICO: 1.85555V
Luego de ésto, mantener seguimiento a la acción de precio para poder aprovechar la posible VENTA.
Entrada: 1.85581
TP1: 1.84982 +50
TP2: 1.84448 +100
TP3: 1,83710 +170
Potencial compra +230 PIPSObservamos un canal cuyo recorrido paralelo es de aprox. 380 pips. Nos encontramos en una posible caída de unos 15 pips hasta 1.59619 aproximadamente. En éste punto, posiblemente se da inicio a una compra de +237 pips.
NOTA: Mantener seguimiento a la acción del precio cada vez que esté por tocar el TP.
Entrada: 1.59619
TP1: 1.60540 +90
TP2: 1.60914 +130
TP3: 1.61927 +230
NOTA: Luego de obtener el TP3 hay una posible compra hasta 1.62364; lo que daría un total de +270 pips.
Potencial Venta +100 PIPSObservamos un canal, cuyo recorrido paralelo es de aproximadamente de 300 pips.
Actualmente debe terminar de cumplir un Micro HCH con unos 20 pips. No operamos ésto, Solo mantenemos seguimiento hasta 0.98669 aproximadamente. A partir de allí, aplicamos seguimiento a la acción de precio para esperar entrada a Venta.
Entrada: 0.98669
TP1: 0.98284 +40 PIPS
TP2: 0.98084 +60 PIPS
TP3: 0.97692 +100 PIPS
ShortEh decidido entrar en corto en esta operación dado que me a confirmado un retesteo en niveles importantes del precio encuentro una divergencia en 4 H y en 1H asi que espero con posiciones de venta a este momento. tambien tengo una formación de patrón armónico hay que agregar que tenemos un techo que es posible funcione como resistencia y genere en ansiado doble techo en 1 H para confirmar confluencias.