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DYDX/USDT (1D) - Long setup for short term speculationHello Traders, You probably noticed BTC got into Bull market (at least for short term). Which means its better to trade alts because they can raise (also drop) by multiplier x2 or more. = bigger gains (also need to set tight Setup rules and stop-loss in case of trend reversal. DYDX/USDT reached zone whoch intrerested me. Its quite new coin with no sufficient data to mark "impulsive" ?? wave from 0 to ATH. Hence its only expectation it formed 5 wave structure (because of retracement below previous lows). Also shape of retracement looks like Falling wedge = wave C. (Too much overlaping and structure of subwaves). My minimum retracement expectation is 0.238 = Where wave C (Ending diagonal) started = around 9-10.5 usdt. (Chance for 50-60% profit). During the run I will count subwaves and notify you. You BTC will continue to area of ATH or higher and continue in Bullrun, this smalcaps could make it to new ATH or higher. (but its pure speculation). Trade safe, use stop-loss and watch for 4H/1D RSI konvergencies / divergencies ;)
Long
by Longevity_Contrarian
2
Fat traders love CAKE - CAKEUSDDear traders, Intro: My name is Hugo, I am 25 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only. PancakeSwap (CAKE) is a decentralized exchange built on the Binance Smart Chain (BSC). Since 2021, the platform was the largest automated market maker (AMM) on the BSC network, with over $3.76 billion USD in staked assets. The popular DEX facilitates token exchanges, staking, and yield farming. Besides the fact that PancakeSwap is a huge player in the DEFI scene, the charts looks amazing as well imo. I am buying when it breaks the green line to the upside and retests (swing failure // S/R flip). Target is in the chart. Goodluck, Doctor Hugo
BINANCE:CAKEUSDLong
by Doctorhugo3
1
🎱C98 - another(last?) chance for bullsRecently the price reached last zone of support (blue), 1.618 fib extension, and node of high volume. After 200 days of downtrend, this could be a potential reversal zone. It won't be easy though, there's a lot of resistance ahead. 🟢 If price action turns bullish I expect the ~1.60 area to be a local top, then another break above this level would confirm a reversal 🔴 If price action remains bearish meaning ~1.00 zone is lost I expect more bleed below 1.00 We'll see what happens- I'm ready to long as much as I'm ready to short. Good luck!
by V0VOLAN
1INCH IS A STALLION, $30 DOLLAR MOONSHOT (12X)HELLO FELLOW TRADERS & HAPPY HOLIDAYS! Today we will consider the trading pair 1INCH/USDT Almost a year ago (just 3 days from now), 1INCH was listed on binance on christmas day with an opening price of $0.2 and shot up to $3.089 in that same day. Fast foward a few weeks/months later and 1inch would go ahead to make new ath's of $7.875 in May making it a +3800% growth in price from the day of listing. After a slight correction, 1inch found itself trading just around the 0.382 fib retracement support level . making a low of $1.618 late july. should that be the bottom for the DEX coin, we can say the +3800% increase in price serves as a first wave extension (as long as it doesnt touch the 0.5 fib support). Should this be the case, we can then proceed to take our fib tool (green fibonacci) and measure from starting point of the blue fib( ath ) to the 0.618 level (red) and target just under the 1.618 resistance level (black) for our wave 3 target, giving us a target of about $30. If you agree or do not agree with this idea, pls leave your thoughts and comments below. A like would go a long way and will be very much appreciated. Check out other ideas linked below😉 MERRY CHRISTMAS AND HAPPY HOLIDAYS🎄
Long
by RektMyMom
4
Uniswap (UNI) Undervalued Will Be Back Over $20A lot of DeFi 1.0 and decentralized exchanges have been in the gutter for the past couple months and Uniswap is no exception. Uniswap has been trading below the 0.236 Fibonacci level since early December and it's only a matter of time before it starts to climb to the 0.236 Fibonacci level at $20. Uniswap is the second largest Decentralized Exchange when it comes to Total Value Locked (TVL) and has recently deployed on the Polygon (MATIC) ecosystem. Once market sentiment moves back into greed from extreme fear I do see Uniswap ultimately reaching back to the 0.382 Fibonacci level of $25.29 which is also were the the Point of Control (POC) is at on the Visible Range Bars. A lot of price interaction with Uniswap has occurred over $20. As of right now Uniswap is undervalued. Support Area is from $13.00 - $14.20. Much peace, love, wealth, and health.
COINBASE:UNIUSDLong
by peacefuljustin
$DYDX/USDT 3h (#BinanceFutures)Falling broadening wedge breakoutdYdX Protocol regained 100EMA support and seems to be strong enough to keep going up, let's catch next dip! dydx.community dydx.foundation dydx.exchange Current Price= 7.903 Buy Entry= 7.788 - 7.456 Take Profit= 8.533 | 9.435 | 10.725 Stop Loss= 6.919 Risk/Reward= 1:1.3 | 1:2.58 | 1:4.41 Expected Profit= +23.90% | +47.58% | +81.42% Possible Loss= -18.44% Fib. Retracement= 0.618 | 0.786 | 1 Margin Leverage= 2x Estimated Gain-time= 3 weeks Contracts: #ERC20 0x92d6c1e31e14520e676a687f0a93788b716beff5 #SPL 4Hx6Bj56eGyw8EJrrheM6LBQAvVYRikYCWsALeTrwyRU
Long
by TradingOn
2