BRISE: BREAKOUT TIMEBRISE has a high chance to enter a new breakout frame.
This depends on the day trading.
The coin has the same supply as the safe moon had before, safe moon did 10x but was not a legit project.
After that, it did end in the breakdown.
Know that trading coins like this can be risky.
This is not trading advice.
Crypto-trading
9/11/22 - Good Risk Management is RequiredCould see an inverse heads and shoulders with this big volumetric resistance zone. Mapped out some clear Fibonacci extension targets. The short trade on the graph is set at around -2% SL while the trade could net you up to 30%. Pretty good risk.
NOT FINANCIAL ADVICE...
BTCUSDT - SellHello traders, I will again look for an opportunity to sell in the marked zones, because we are in a bear market, now I am just waiting for confirmation on the lower TF and if it comes, I will sell, for now I will wait.
IMPORTANT WARNING:
---------------------------------------------------------------------------------------------------------------------------------------------------------
Rebounds from marked zones created by trading positions of large institutions such as banks or various financial funds may not create new HH or LL and therefore it is very important to collect partial profits at least according to these rules. This will help you to keep your equity curve constantly growing and protect your funds from big drops if the price unexpectedly turns against you. But the decision is only in your hands.
I personally prefer setting up multiple TPs , here's an explanation:
1) 1:1 allows you to take a 50% position and thus secure a balance against loss in case the market turns
2) 2-5 :1 means profit (25% trade volume ), after reaching this TP I move SL to BE
3) 5-10 :1 means bonus money with rest of trade volume (again 25%)
Money is lying on the ground, just bend down for it! Be patient and wait for the price to reach a strong zone and open a position!
$XLMUSDtXLM is currently trading around range low marked on the chart.
My Trigger plan for this is a breakout of the falling resistance and a relaim of the 2021 Low. This would mean a deviation of the 2021 low and would be bullish imo.
My targets are market o the chart are are essentially the Mid range and Range high.
If it dosent break out above the falling res and reclaim the 2021 low then i have no interest.
patience patience is the key here. size it right so it it fails you don't get wiped out or take heavy loss.
BNX : THE COIN WITH DCA WHALES FOR NEW ATH 2022BNX is still in a trend where it's under the DCA buy whale area, this is very interesting for the ATH coming time.
The important level of 150 USD is already done.
The next important level is 188 USD where the focus is on BNX, from there the way should be easier TO NEW ATH.
IF THERE IS A COIN THAT HAS A HIGH CHANCE TO BREAK OUT TO ATH: THEN ITS BNX.
This coin has at the same time green cycle since the end of month 7 - which means it follows a pattern of an uptrend and its still green.
This structure is confirmed by DCA price action protection. when there is a DCA trend by whales, you can also see that by before increased coins did stay stable with market changes.
The supply is same time very low which means if BNX only has the breakdown market cap at this moment of AVAX it would be more than 2k USD.
Its crypto times price actions go unexpected.. with time we can confirm more price actions. CC supply becoming also with the time up ,but even that it would be an high number price action.
The most important is that BNX shows interesting factors for the increase.
This coin has a DCA flow which means it can go slowly, and it affects not too much by another market breakdown, but when the real structure volume adds it can show amazing results.
Time by time we can see a candle made by whale effect for protecting the price action.
There is no guarantee in trading and this is not trading or finance advice.
Take all info from the internet not as right, but confirm and filter it always.
Log fractal 4.O updated.This chart doesn't played perfect, as expected.
However, it's still working after few reedits and that is important.
Let's monitor how will end up & if print new lows below June.
After that, it convince me to full fill box targets around 14-15k.
Time frame probably not fit. It is just previous trend price action.
Can take much more time or go sideways...Always possible. Also Black Swan would occur.
But isn't so far to make it real.
Formation is Bear Flag , below 200 week average with economy in recession.
It could end up much lower. I am just posting gold-mid way for long term invests position.
Take care, Emvo.
*This is not any financial advice.
BTC MidTermThis drop caused by FTX SPOT selling scared the market, but we are totally exhausted at support - this wedge got now filled and it is likely to go for some relief - although won't go as high as expected. Most likely highest will be retest of local tops at $23-$24 k.
Will turn bearish once we reach those levels.
SUSHI BOUT TO BREAKTROUGH/BREAKDOWNSUSHI is on the edge of a resistance zone right now, a pretty strong one.
But the fact we keep seeing higher lows towards this is zone is a good sign for a breaktrough or breakdown from the trendline.
Now i could be wrong ofcourse but seeing the build up momentum i think we're going to retest the 1.180 level and after that 1.234 & 1.285.
Anywhere between 1.148 & 1.138 is a good entry
BRIEFING Week #36 : Volatility, Seasonality & TrendsHere's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
BNX : THIS IS WHY IT WILL GET HYPEDDear traders.
Most of times when a coin get hyped it means there was some price action before what it made it so to increase.
And the best in a trader is to find and to see at last some patterns why a coin should increase and to learn from history before coins why it did increase.
All the years in trading have learned that history repairs in trends, and this are with more things.
For day traders there is always chances to get into trades and out - but this update going more deep about the BNX cycle view.
BNX - At this time not hyped, and most don't know about it.
I have choice to study this coin depending on signals that it shows with possibility for breakout - it shows some structure volume patterns what could make this coin increase to higher levels.
And personally after longer time studding coins as this - there seems be high chance that BNX will shows soon an effect.
DCA wallets also increasing with + adding amounts every time. it means there is an increase on DCA and this is also positive.
Know that there is always a risk into trading, for those trading with no risk management, and there is No 100% guaranty into trading . but it depending on higher chances, and yes in this case this coin have higher chance to breakout.
First of all its important that this coin BNX make the first gain above 150 USD - and for some traders is this an interesting area to check for a confirmation trade.
At this moment this coin trading between 131-135 USD.
This coin have a CC supply of 2M - with a marketcap of 273M, what means if it would only have the marketcap of AVAX it would be going over 2K.
This is just an example to re-effect the price action. ( this is not a focus price but its just a small idea) And same time the normally Supply can increase with time.
But even then it will stay very interesting.
The important change will come after hitting the all time high at 224 usd - this should make a hype change to the expecting target of 300 usd and over.
How long this all will take it depending on the market flow - and the fully market show.
If the trend going depending the above study - there should be at last a gain into this coin, and there can come a moment where this coin can split from others to show the effect of increase.
Thanks for reading!
# There is no 100% guaranty in markets , and that's why this are also not a finance advice.
Crypto markets are very hard, and can bring anyone with no risk management huge loses.
All info you get from online - just take it as a possible way and not the right way, and always filter it with more confirmations.
Technical Analysis - The Truth - Part 2Imagine you are a detective. You arrive on the crime scene and find a body surrounded by blood at the bottom of some stairs.
The suspect says the victim accidently stabbed himself whilst he fell down the stairs. The story seems credible.
However, the Technical Analysis (the data) tells a different story. It shows that the victim was first poisoned. Then stabbed in the back. Then the body was dragged to the bottom of the stairs.
The Technical Analysis showed the fundamentals up for what they were. A story.
The same is true when trading.
Trading is a science. It is not a mystery. And it has nothing to do with fundamentals.
The Technical Analysis (data) shows that sine waves are responsible for the up and down price movement. The price follows the pattern of the sine wave. Not fundamentals.
The price does not move up because Elon Musk likes that particular crypto, or that they have started to burn more crypto than normal, or because Forbes says the Government are now backing that crypto. e.t.c
Just think about it. Light waves, sound waves, gamma waves, brain waves, electricity all travel through sine waves. They all follow the same pattern.
Price movement is no different. It follows the path, pattern and contours of the sine wave. It is the law of physics.
When the sine waves rises, so does the price. When the sine wave falls so does the price.
If you are not trading sine waves you are trading blind.
I hope this helps.
Regards
Jason
Bitcoin Ready for Next Leg Down on the 4hr?Bitcoin on the 4hr time frame is looking slightly bearish. Trading below the lsma moving average and with the VMC Cipher B showing money flowing out and a wave to the downside its looking like BTC could be getting ready for a move down to test 18.9k level support in my opinion!
$BTC short idea Plan and Trigger This is not a prediction this is a plan..
If this happens do this..
The plan here is IF BTC 1. breaks below PWO - Previous Week Open, 2.Breaks below rising Trendline, 3.Breaks below R2-H (Range 2 High(thats the trigger to go short with Targets marked on chart.
Target 1 = R1-L (Range 1 Low)
Target 2 = R2-Mid (Range 2 Mid)
Notice the inefficient and fast move up noted on the chart. these usually get filled so if we trade in to this candle range i suspect a fast down move to follow.
RIPPLE Potential Short! Sell!
Hello,Traders!
RIPPLE is now trading in a downtrend
And the price broke a key level
Which is now a resistance
Thus we are bearish biased
And a move down after the retest of the level
Is the most likely scenario out there
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
BTC Current Market ConditionsOk as I put in my previous short, which played out better than expected. I am not Bullish at all rn. Energy prices soaring, we know what's coming, and it ain't a strong $BTC rally IMO.
Perhaps we sweep up on a liquidity grab, trap long then, I feel 17k, honestly, possibly even 10-14k.
Trade at your own discretion and be safe, NFA as always.
BTW, if shorting wait for a nice spot, 20.800 possibly if not 21.500 or 22.500.