Crytotrading
Litecoin- Can this be where ltc is eventually movin to, at $370?As seen on the chart, here is a double bottom pattern (the W pattern).
Here is a weekly chart. As seen on the chart, price reached $370 on 18th December 2017, came down to $25.619 on 3rd December 2018.
Price left $25.619 and went to $147 on 17th June 2019.
On 9th March 2020, price was back to $25.619 again, broke the resistance line on (28th December 2020) and turned it to support which signals a double bottom pattern.
Since then, price has been moving high, most likely to $370 again.
Therefore, I expect price to break $229 first, followed by $314, $348, and hit $370 to complete the double bottom pattern.
Watch out🔥🔥
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Etherum possible moveEtherum didn't go up as I predicted the last time. The bears are in control now. Click the link to related ideas below.
The price experienced a trendline breakout at $1285 and had a retest. Then the price continues to drop.
Therefore, this is Etherum next possible move. Watch out!!!🔥🔥
Share your opinion in the comment section.😇
Please support this idea with LIKE👍 if you find it useful.🥳
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Happy Trading☺️🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
Altcoin Buying Trade Setup: PNTBTC LONG 50%+ PROFITPNTBTC is showing signs of starting the next leg up, with potential for 50%+ gains.
Fundamentally, pNetwork allows the issuance of assets with cross chain composability, which should allow it to ride on the Defi tailwind. Its small market cap of $32M also makes it a likely candidate for a pump. It is also running a trading competition on Binance, which should bring some buzz to this token.
Technically we see a strong breakout accompanied by a volume spike higher than any daily volume in recent trading sessions. Price is also bouncing off of the 76.8 Fib retracement and reclaiming the critical 61.8 Fib retracement level.
Trading setup: You can choose to either enter at current market levels or wait for a retracement to the entry zone. If you enter in the entry zone, your 1st take profit is around current market price. If you enter at current market price, your 1st take profit is take profit 2 marked on the charts. You can also split your order into two to average between current prices and entry zone. How you decide to play it is up to you.
This is not financial advice, please do your own Due Diligence. I'm just sharing my personal trades.
I will be posting ideas on a daily basis (whenever there are trade setups that meet my criteria).
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BITCOIN TO THE MOON! but when? Realistic targets for bitcoin.This week appears to be a bullish week for bitcoin. I have drawn out a range that is based off of previous highs. I definitely see bitcoin touching last years highs and possibly going past last years high. As a trader the goal is not to be on the sidelines when these moves happen but to actually be apart of the trade. here is this weeks projected Entry and exits for bitcoin. it is a 2.5 to 1 risk reward ratio. My trading ideas are influenced by elliot wave theory with a practical approach to get a piece of the pie out of the markets. if you find my ideas helpful please follow.
Bitcoin - Relief rally and more downside?Currently the price is on the cliff, tries to stay above $9000 level which has been tested many times before.
I think we still have decent chances for more downside. Short-term market structure isn't really bullish - each new local maximum is lower than the previous one.
So, I'm waiting for a scam pump over the weekend to short it short-term. Mid-term I'm still more bullish.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
XBTUSD: Scalp LongLonged here, will see how it goes. Also expanded my stop, because the price may well go into the red zone, if so - I will buy here.
Invalidation - close below $9250
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
LITECOIN (LTC/USD) - Technically a Good Entry Area!If the curve trendline should get cracked then do not worry, there is a pretty clear short-term bounce area.
The mentioned area stays between $90-$100 and the bounce criteria:
1. The Fibonacci retracement 38%
2. The Fibonacci Golden Ratio 62%
3. Previously worked price level, it has worked as a resistance and as a support. Currently, it should act as a support level.
4. Daily EMA100
5. The dotted trendline runs through the support area
6. The psychological number $100
Historically, this area has offered a lot of action. Keep an eye on it!
Do your own research and if this matching with mine then you are ready to go!
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Vaido
TRXH19 H1 Intraday SellSpotted this intraday trade to sell the TRX March Contract. As the TRXH19 is expiring on 29 March 2019, we try to avoid swing trades while waiting for the June Contract to be out. Sell the 0.5 retracement which coincide with our Supply Zone.
Trade Plan:
Entry 598
Stop Loss 610
Target 575
Reward-Risk almost 2:1
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OMG/BTC bounced backPrice increased in the last days and it was somehow expected to climb towards the median line (ml) after the false breakdown below the median line (ML) and below the sliding line (sl). Only a valid breakdown below the median line (ML) will announce new lows. However, a valid breakout above the median line (ml) will send the rate higher.
DASH/BTC undecidedDASh/BTC stays right above the lower median line (lml) of the minor ascending pitchfork and above the 0.03994812 swing low.
The perspective remains bearish on the short term as long as the rate remains within the down channel. Only a breakout from the down channel will send the rate towards the 50% line again. A valid breakdown below the 0.03994812 level will extend the sell-off