Channeltrend
#UBER fib leveles #UBER so if the fib levels are correct from our most recent swing low we wicked that .768 level and bounced off for a potential short term opportunity for calls to the upside at the 34, 35, 36 strike as there is a huge level at 37.50, looking at some flow data 35 strike for the 20th of may has 67 thousand OI sitting on it now 40 has 41 thousand both of which are interesting to me. looks like most short dated contracts are looking at that May 20th date or the Jan 2023
IOSTUSDT is creating a descending channelThe price is testing the 0.786 Fibonacci level on the daily timeframe on the weekly support (0,028$)
On the 4h timeframe the price is creating the main descending channel and the market is creating a channel within it.
How to approach?
The price could retest again the 4h demain on 0.027 if the price is going to lose the dynamic support. According to Plancton's strategy , we can set a nice order
The scenario is invalidated if the price is going to have a breakout above the monthly resistance (0.32$)
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
RTX: Underlying StrengthRTX with underlying strength prevalent in its technicals & fundamentals. Leading the industrial sector via geopolitical factors and a favorable balance sheet, RTX continues upwards on a channel trend and on several premises: 1) Buyer responsive price action that has been developing since Q4 of 2021 2) Participants driving auction over KSMAs, 3) Support held at key level of a bullish double bottom formation, PT upgrade to $115 from $105 x maintain of outperform rating via Cowen. Target Price: $110.17 - $125.00 // ATR: 2.29, Beta 1.33
XMRUSDT 🏹see and watch :)
The general trend is going on in an uptrend channel and in that uptrend channel a smaller downtrend channel is broken and we will probably have one of the two moves in question ...
⭕️BUY NZDCAD ; Buy according to channel❗️❗️🔰You see the analysis of the New Zealand Dollar against the Canadian dollar in 1 hour ( NZDCAD , 1H) ❗️🔎
🔰BUY Limit NZDCAD at 85.650
✅TP ; 86.300
❌SL ; 85.350
🔰As is evident from the analysis, the price is located in a bearish channel, due to the confluence of the lower channel line (white line) and the demand range (purple range) around the price of 85.650 purchases in this region can seem low risk (although due to the strong downtrend that the pair has gone through over the past hours, there is also the possibility of breaking the down channel)❗️❗️
The target is also located at the cross of the downtrend line (white dotted point) and resistance line range (orange line). 👌
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
_______________________📈TRADER STREET📉________________________
BTC chart a bear flog OR an uptrend ?Hello lovely people
As you can see BTC chart is about to tell us if it's a bear flag which can take price down at least to 37,000 USD or even worse.
However in other hand it can be a beautiful uptrend channel which is good for me (I mean, who doesn't feel that way) and this can take price up to maybe new ATH like 80,000 USD in a month or two .
That was just an apparent thing I saw in chart and made an idea for it.
Hope you enjoy this one and be more careful in opening new positions.
Use stop loss everywhere and be safe :)
$ELY - Bull Flagging into DemandTo all my friends watching the masters, this company shouldn't be a stranger to you.
Although $ELY is currently in a pretty gnarly downtrend, we're approaching a strong demand zone established back before the Covid crash.
This ticker looks ripe for a reversal, and I'll be eyeing this 20-21.5 zone to load some commons / leaps.
AVAX - Long IdeaAs some legendary trader says: "as above, so below .." this is exactly what happened here so, this gives up an amazing long opportunity we still not sure if this is gonna work or not but our R:R is 10 so no worries
DO NOT OVER LEVERAGE THIS AND DO YOUR OWN RESEARECH BEFORE ENTERING ANY SIGNAL OR USING ANY IDEA THIS IS JUST A TRADE IDEA
Thanks for your attention
20220410 - AUDUSD - LongAUDUSD - Long
AUDUSD has been in an uptrend for some time and is coming up to a daily supply zone.
Please see analysis for my next move below.
Your thoughts are always appreciated 😀
Analysis
Rejection off Daily Channel Support
Rejection off Daily Support.
Sentiment: 47% Long : 53% Short.
Uptrend.
Entry
Entry: 0.74575
SL: 0.74074
TP1: 0.75920
XAGUSD SILVER Supply And Demand AnalysisSee picture for top-down analysis:
-Short Term Downward ML Break
-opposing zones removed
-People might think it's a great demand setup
which I agree but taking a look at the overall
price action over the last 7 days, you can see
price is making overall LL/LH by about .6%
-If someone bought at this demand then using a
structure SL is recommended.
-Low risk reward but higher probability for a 1:1 or
0.5:1 R:R.
-NO TRADE FOR ME
MATIC/USDT - LONG IDEA MATIC/USDT - LONG IDEA
The Market has moved into the Buy Zone off the Daily Timeframe and forming a nice up channel which acts as Support and Resistance moving towards our Target of 1.822.
A Gartley has just been fulfilled off the 4 hour timeframe which normally could signify the new low price for us buy the market on our way up to our daily target 1.822.
We have found that there's a inner up channel trendline and a outer trendline , the question would be will the Market reverse now or will the market want to test the outer trendline which also acts as a Support Level as well.
Trade :
TP : 1.822
SL : 1.195
DOT/USD LONG IDEADOT/USD LONG IDEA
DOT/USD has broken into our Buy Zone Area we now looking for low prices to Buy up towards our Daily Target of 27.87917600
A nice up channel has formed and we going to use it as Support Resistance Levels to guide us to put Take profit levels identified .
TP1 : 27.87917600
TP 2 : 25.32764000
SL : 13.79581645
TEZOS (XTZUSD)- LONG IDEA TEZOS (XTZUSD)- LONG IDEA
Tezos has broke into our Buy Zone Area off the Daily Timeframe we are now looking for low prices to Buy up towards our Daily Target of 4.3566.
We have established an up trend/channel and looking to buy the counter trend break towards our Target 4.3566.
Path 1 : If the channel holds then we could see the Market reversing off that support trendline towards our Target of 4.3566 .
Path 2: If the trendline fails we have seen a strong Support Level below the trendline which could start the reversal to the upside towards our Target of 4.3566 .
Take Profit : 4.3566
Stop Loss : 2.3736
KLV Long 🍒*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only*
==========================================================
Today marks 12 months since my last KLV chart... Looking prime to ride.
My strategy remains the same, long-term hold.
Using naked price action analysis:
🔸 ATH , Volume , support / resistance zones, channels and levels
🔸 For Trading: Suggested Entry, SL & Exit points are my theory only.
🔸 For Holding: Since this is a hold strategy / bag-set-and-forget strategy, I will DCA along the way on dips only.
As always, watch for volume . Do your own research, check on-chain data. Always be watching BTC .
NFA . Good chat.🤖
My last KLV chart:
APPLE - Potential Short/Bearish U-turnAPPLE - Potential Short/Bearish U-turn
Apple appear to have form the same trend Pattern as what Nasdaq has formed in Jan 2022 which U-turned it into Bearish momentum,
will we see the Market break the daily up channel/trend the way it did the Nasdaq in Jan 2022 and push Nasdaq further down to the 12237.00 area .
With Nasdaq also in a Down Channel there's a strong Possibility this could happen .
ETHUSDT is creating a channelThe price is creating a channel between the demand and supply zone on 4h timeframe.
on the daily timeframe, the price is trying to hold the 34100 support and retested the previous W's neckline.
on 4h timeframe the price lost the channel, and now the price is testing the previous dynamic support as new resistance
How to approach?
- for a bullish scenario, the price needs to flip the 3520$ with volume and momentum, the price created a double top on it.
- Otherwise, if the price is going to lose 3240, we could see a retest of 3k
According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐