Stacks bullish outlook in focus?👀!! 🚀STX Today Analysis💎A breakout of a descending channel to the upside, and is currently trading above the Point of Control POC of the Volume Profile Visible Range.
💎This POC is acting as a support level, indicating high volume and signaling bullish momentum.
💎There's a possibility that STX might pull back to retest the trendline of the channel before moving upwards - both scenarios are on the table.
💎Additionally, STX is currently in a high demand area, further confirming the bullish outlook.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!
Cryptotrader
GALA/USDT gearing up for significant move👀🚀GALA Today Analysis💎Gala USDT is gearing up for a significant move. We've noticed that it's replicating a familiar descending channel pattern. Maintaining strong support will be a key indicator of its bullish momentum.
💎Another observation is that it's trading above the mitigated Order Block (OB). This suggests that the market is preparing for a major bullish surge after the fulfillment of these orders.
💎Additionally, Gala USDT is trading in a high-demand zone, which further supports the potential for a bullish move.
💎We might also witness a retest of the channel support before it takes off upwards.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!
DYDX/USDT planning downward move?👀 DYDX Today Analysis
💎DYDXUSDT is on an interesting trajectory as it has been repeatedly rebuffed from our projected resistance level, setting up a bearish momentum.
💎 Another factor to consider is the bearish divergence of the RSI. Despite the upward move, the RSI indicates bearish momentum, suggesting a potential downward shift of $DYDX.
💎 The presence of an unmitigated bullish OB and price imbalance further reinforces the likelihood of a bearish move.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
BTC Notes: If a break from here. If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
My Range Low Break roadmap.
I anticipate range breaks...
By planning what to look for if it does break.
Never a bad Idea to do this in the planning stages
of any trade Idea, get pen to paper.
Alarms set if the break comes.
Cheers!
Enjin Coin next move? ?👀 🚀ENJ Today Analysis💎 ENJ/USDT is making fascinating strides as we observe a fair value gap and an upward imbalance, indicating potential bullish momentum.
💎 A retest of the trendline has been completed. If the price breaks this trendline, we could see a downward shift of approximately -12%.
💎 Currently, the price is forming an overlapping structure, and the RSI is indicating upward momentum this presents a promising trading opportunity
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
SushiSwap $1 move?👀 SUSHIUSDT Today Analysis
💎 Sushi USDT is primed for an impressive move, currently trading in a demand area and setting the stage for a bullish trend.
💎 It's maintaining strong momentum above the EMA 50, having successfully closed one daily candle above it, which further strengthens the bullish outlook.
💎 Above, there's a supply zone that the price is expected to reach, grab liquidity, and mitigate.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
BTC, which way will it be?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
BTC update
Got the move down, swept an old spike, then spiked.
The PA/degrees are sus though for the #Elliottwave.
Looking to play the model long cautious, due to potential W4/5 in the works.
Holding/adding longs.
Took prof/holding shorts.
Depending on PA printed.
Cheers
XRP, completed Z Z?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
CRYPTOCAP:XRP Update
Levels hitting.
Potential triangle in there.
Cant have a triangle as a W2.
So could lean ZZ.
Quickest resolution is a hold of a
.7318 and blast up, or some sideways possible.
Still short.
.7318 and 0.7836 are the levels to watch.
Cheers!
1INCH /USDT bullish move incoming?👀 1INCH Today Analysis💎 1INCH is showcasing a promising trajectory, having broken out from the descending channel, setting the stage for bullish sentiments.
💎 It's maintaining a strong position above the EMA 50, and the RSI is also above the 50 band, reinforcing the bullish momentum.
💎 With a clear bullish price retest, we anticipate the price to grab liquidity and then make a bullish move.
💎 Above, we have a Bearish OB level that the price is expected to mitigate.
💎 However, if the price enters the invalidation zone, 1 INCH could experience a significant downward shift.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Maker astonishing rise ahead?👀!! 🚀MKR Today Analysis💎 MKR is currently trading in a high volume area, with the poc of the Volume Profile Visible Range acting as support.
💎 if it fails to hold its position at the POC, it could correct to another level, potentially up to 5%, before resuming a bullish trend.
💎 maintaining a strong position above the 50-day Exponential Moving Average, further indicating a potential bullish move.
💎A crucial support level at 588, and a low volume node has been observed. A breakdown of this support could shift the market momentum into a bearish zone.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey!
ENS/USDT Bullish move ahead ?👀 🚀ENS Today Analysis💎 ENS is primed for a bullish surge as it adheres closely to the trendline and maintains a strong support zone.
💎 The existence of a bearish OB, FVG, and liquidity are likely to bolster its upward trajectory. The price is expected to ascend to mitigate the bearish OB, fill the imbalance, and seize liquidity.
💎 Additionally, the volume is demonstrating robust momentum, indicating potential upward volatility.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
INJ : THE WAY TO BREAKOUTINJ is one of the coins that are into sleeping trend, but when its time to get up it will show some nice trends.
As trader its interesting to find coins that have high chance to breakout coming time, and one of the coins are INJ.
3 USD target looks a trending target, but same time we have the most important 7 USD target.
Coming time with patient we will follow INJ for more interesting targets.
XRP, Double Z Z ?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
XRP updated from other posting locations.
Got the break above .7318 level.
Came back and held for a flip on smaller TF.
0.7318 is the ideal level to hold atm.
0.7836 is the next level to beat.
But, getting into an #Elliottwave Wave X MLT.
If 0.7318 breaks hard, could head lower.
Cheers!
#XRPArmy
CRV, give it to me straightIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
CRV update
Stayed above the
$.747 level.
It printed what looks like a 3 wave move up from $.717.
So here is some Elliottwave counts I am seeing.
Need some more PA printed,
and pivots broken for clarity, MO.
Cheers!
ARB, What it be?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
In at 1.1291.
Initial Elliottwave count and idea got blown up.
Had a plan B idea in the vid on it.
After being stopped, I cried, then watched how the PA played after the sweep.
Swift move up, corrective move to Algo zone.
Classic tradedevils setup played out.
Possibly a wee little W5 to pop the last pivot then maybe a turn, but I think 1.29 is the level to watch. Breaking below 1.1774 is sus.
My internal count idea, atm.
Cheers!
EOS/USD Secondary trend.Secondary trend. Logarithmic graph. Time frame 3 days. Reversal zone.
Mirror resistance zone (former long-term support). There may be a significant rollback from it, or at least a stop and consolidation in this zone, provided that the secondary downtrend (price movement direction) is broken (purple line).
From the highs of this secondary trend, the price fell by exactly -93% to the level of 0.93. An interesting coincidence, isn't it?
Coinmarketcap : EOS
The same parameters, but on a line chart.
EOS/USD Main trend
EOS/USD Main trend. Channel
EOS/USD Local work. Reversal zone. %Local trend. Logarithmic graph. Time frame 1 day. Reversal zone. Percentage of key zones.
Mirrored resistance zones are shown in grey. There may be a significant rollback from them, or at least a stop and consolidation in these zones. Trend lines (price movement directions) are shown on the chart, their importance and strength (long-term in time) are highlighted in the appropriate color.
From the highs of this secondary trend, the price fell by exactly -93% to the level of 0.93. At the moment, the price is entering the first resistance zone, which, in case of fixing in it, can become a "launching pad for a strong impulse (mirror structure).
Coinmarketcap: EOS
The same parameters, but on a line chart.
Next ideas for zooming in to understand what zone the price is in.
Secondary trend
EOS/USD Secondary trend.
Main trend
Main trend. Channel
JST/USDT bullish move incoming 👀 🚀JUST Today Analysis💎 JST is on the brink of a breakout from a descending channel pattern, setting up for potential bullish momentum.
💎 Demand Zone: Currently, it's trading within a high-demand area, and the RSI is above 50, further reinforcing the bullish outlook.
💎 Another key factor is that it's maintaining strong momentum above the 50-day Exponential Moving Average (EMA).
💎 It's holding firm at a crucial support level of 0.01960. If the price breaks this support, it enters an invalidation zone where a significant downward move could occur.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
DCA bot and my experience with it!Hey there, fellow crypto enthusiasts! Welcome to my blog, where we break down the complex trading world into bite-sized knowledge nuggets.
Today we're diving headfirst into the exciting strategy of Dollar Cost Averaging (DCA) and how it works with trading bots.
Dollar Cost Averaging Demystified
Alright, folks, let me break it down for ya. Dollar Cost Averaging (DCA) is an investment strategy that's all about taking it slow and steady. Instead of going all-in at once, DCA has you regularly buying a particular asset, like bitcoin, in small chunks over time. It's like sipping your favorite beverage gradually instead of chugging it down in one go. We want to savor those gains, people!
Smooth Sailing through Market Turbulence
Here's the kicker, my friends. DCA helps you ride out the crazy rollercoaster of price fluctuations. Picture this: Bitcoin's price takes a nosedive. Ouch, right? But fear not! With DCA, you're buying during the dip, baby! So when the price inevitably bounces back up, you'll sit pretty and reap the rewards. On the flip side, if the price skyrockets, well, you might have some losses when it takes a breather. But fear not again! Since you're investing small amounts regularly, you're not putting all your hard-earned cash at risk. It's like having a financial safety net during those market downswings. Sweet, isn't it?
What figures and patterns do I recommend using?
Firstly as a continuation pattern, I would like to search for a triangle, flags, and wedge.
Also, you can catch the price squeeze and the volume spike to catch the volatility on it.
For example, the last setup of that pattern was on $Matic.
How I automated trading with the DCA strategy
I try to be smart with my time, and after figuring out how DCA works, I regularly practice automation using this strategy.
Here are my tips and personal configurations: so, if you want to trade with small leverage, 3x-6x will be enough for you. The maximum risk is 10x.
Try to make simple trades, and think about trends at the beginning of your charts. And then you will start to win.
Here are the results of trading with the DCA Futures bot
As you can see, it's possible to make money with bots. However, it requires understanding of how they work and knowledge of coin analysis. The case is that you free up your time for other things.
Also, note that my advice is not a call to action. Everyone is responsible for their own trading decisions.
Questions:
New trading strategies.
Do I analyze myself with VSA indicators, like BOS? ( Break out structure)
I often use wedge and triangle patterns with significant consolidations in my work. Once I identify these patterns, I wait for a push of the price increase resulting from the liquidity and then activate my trading bots. This way, I actively participate in the market and observe how my strategies perform.
Are you interested in learning more about the settings you can use with the DCA BOT? I'll be happy to share that information with you next time.
Hang tight for more mind-blowing posts where I uncover various investment strategies and financial wizardry to help you conquer your financial dreams.
I wish you successful trades!
SPACE ID bullish ride ?👀 🚀ID Today Analysis
💎 ID USDT is poised for a significant move as it's currently trading in a high-demand zone, indicating a potential upward trajectory.
💎 Another key observation is that it's on the verge of crossing over the 21 EMA. If the price maintains its momentum above this EMA, it could present a favorable trading opportunity.
💎 Above, there's a supply zone that the price is expected to address smoothly. However, if the price breaks below the support level, we could see a downward shift.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Solana quick bullish signal ?👀 🚀SOL Today Analysis 💎 Solana is gearing up for an intriguing shift as it consistently trades above the EMA 50, indicating a potential bullish trend.
💎 Furthermore, an upward imbalance is evident in the market. This imbalance was recently filled, grabbing buying liquidity and propelling the price upward. Interestingly, SOL is repeating the same fractal structure as the 2nd imbalance is present .
💎 Another key observation is that the RSI is trading above the middle band, signaling a potential upward direction.This presents a prime buying opportunity.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Cardano possible next move? 🚀🔥ADA today analysis 💎 ADA is currently showcasing an intriguing pattern, as it's trading within a tight symmetrical triangle, hinting at a potential breakout on the horizon.
💎 At this moment, it's navigating within a high-demand zone, and the RSI is signaling a substantial upward momentum. Moreover, an anticipated crossover of EMA 21 and 50 could further bolster the bullish outlook.
💎 If a breakout occurs in the upward direction, we could witness a fantastic bullish surge. However, if the price fails to sustain its upward momentum, a significant downward shift could be on the horizon.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
XRP: Price levels and price action analysis Today's focus: XRP
Pattern – Breakout
Possible targets – .90 – 1.00
Support – .52 - .54
Resistance – .90 - .92
XRP soared on Thursday after Ripple Labs won a partial victory in their court case with the SEC. This is a big deal for the crypto industry, lifting the broader market. A judge ruled in favour of Ripple that they didn’t violate federal securities law when selling XRP tokens to the public.
Ripple jumped after this news hit the market and quickly hit .92 before pulling back. In today’s video, we run over the price levels and price action we are watching moving forward after this move.
Have a great day and good trading.