DODO ANALYSIS (3D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the DODO symbol.
We are in the E branch of the large diametric drop.
The time frame is big and time consuming.
Symbols that have such a situation are clearly not well founded
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Dodo
Bitcoin - gained a short position!!!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
I decided to re-enter the scalp-short 20% of the deposit.
Technical: the price has come out of the "bullish wedge" which may give a slight rebound to $29,850-30,000. I'll put a limit order in case of a squeeze.
Deal plan:
▪️Entrance - 29,380/29,888$
▪️Stop - $30,655
▪️Take - I will update.
Guys, there is still a lot of market maker pressure on bitcoin like it was in the $30k zone just recently, but there have been attempts to go higher. Therefore, I do not rule out the fact that from the current values we will see upward lumbago.
Goal: to see a test of the $28,050-$28,500 global trend line, there is a large liquidity gathering in this zone.
P.S: I use a short stop-loss for a trade and a leverage of no more than 5X. Pay close attention to your risk management.
Elon Musk will send DOGE into space?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
DOGE goes against the market, why? Elon Musk will send a coin into space?
There are speculations that Elon Musk is again “guilty” of everything. Elon is again innovating on twitter, he changed the familiar "blue bird" twitter logo to "X" and even changed the domain to X.com (by clicking on it you get to twitter) I think that the euphoria-growth on DOGE comes from this events.
The fact is that one of the major BTC hodlers and top investors Raoul Pal suggests that Elon, with the acquisition of a new logo, will continue to use DOGE to integrate payments into X.com! Which of course can cause the continuation of the strongest euphoria. Well, for now, it's just speculation.
Also, if you look at the chart from the technical side, then the price has broken through the global countertrend line and is holding up very well so far, we can say that bullish indicators are also present here - from the technical side.
I have been hodling the coin for 3 months already, maybe soon we will see changes on this altcoin and I even set a take in advance to the nearest resistance of $0.11 from my entry point of 0.0870 + 22% of the total profit.
Guys, I warn you right away that this is not financial advice, I set a take for cases of squeeze movement, but it may turn out that nothing happens and the coin goes back to correction. There are also thoughts of just getting out without a loss, but trading is always risky and I will try to get into profit on this position.
And yes, perhaps all the attention of the fans is focused on DOGE, well, you should also not forget about the "general director" of TWITTER FLOKI, things are not very good there yet, as well as with my position but in the moment everything can change.
ETH - the price has left the channel, what's next?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Friends, I will update the ETH idea a bit:
So far, everything is going according to plan, after tightening the lower border of the channel, the price was able to break through the support and the walls of the orders that the market maker placed earlier are starting to work out. The most interesting thing is that we got a -2% decrease on the weekend when no one really expected it, I think I managed to warn you in advance :)
At the moment, the plan has not changed much - I continue to keep the scalp short position to the support level of $1820-1825, the market maker has not yet removed the walls from the orders and continues to exert pressure, perhaps we will see a movement below the support of $1820-1825 through a slight rebound, there will be changes, I will definitely inform you.
XRP - TO THE MOON continue or everyone will be deceived again?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Friends, a little conspiracy on the XRP chart! This is not financial advice, I'm just expressing my thoughts on a chart! Be careful if you are going to buy on the continuation of the uptrend.
Well, first, a little background:
Everyone probably already knows about the situation that began in December 2020, when the SEC sued Ripple Labs, as well as its two founders - Chris Larsen and Brad Garlinghouse. The SEC accused Ripple of illegally selling securities, arguing that XRP is considered a security and should be registered with the SEC. This caused a lot of controversy in the cryptocurrency community, as many believed that XRP was a digital currency and not a security.
The next two years were a time of intense lawsuits and court hearings between Ripple and the SEC. During the trials, both sides presented their arguments and evidence. And finally, the story seemed to come to an end, (why, I’ll seem to describe the situation below) and Ripple nevertheless defended its rights and proved to everyone that their cryptocurrency is not a security, and the positive immediately broke out on the market and the HODLERS of XRP coins sighed and someone even began to fix their earned Xs...
But not everything is so simple! The head of the SEC, Gary Gensler, commented on the court's decision, noting that the agency is "disappointed" with the outcome.
case involving retail investors, but "satisfied" in the part relating to institutional sales. “We continue to study and evaluate this decision,”
emphasized the head of the regulator. Answering a question about the development of new norms
for the crypto sector, Gary Gensler explained that it is still “too premature” to talk about it, as the litigation is ongoing.
In general: in short, there will probably be another hearing in this case, but when it is not yet entirely clear, perhaps this will happen when the SEC punishes some crypto project under new regulatory rules or wins a case against such a giant as Binance and then all other projects will flinch and begin to obey Gary Gensler. But if the SEC crap up again, then most likely the alt season may come earlier than planned, because XRP can prove once again that the SEC is just a speck in the cryptocurrency world and let them regulate in their yard, as they say) In short, other projects will also be able to exhale along with liquidity, that is, with all of us :)
Speaking from the technical side, I gave two examples of how the price behaved on the rebound of the global countertrend: the first situation was at the end of 2020 when the price rose at the moment by almost 10X (during the bull run) and the second situation is happening now when XRP won the case with the SEC, which lasted more than two years, also a huge positive. And the bounce we saw of 70-80% might not be the end yet if the second SEC VS XRP hearing results in favor of Ripple then a $2 bounce might just be a small push.
Guys, I repeat once again - this is not financial advice, but just my guesses and just thoughts, I didn’t buy a coin myself, maybe in the future I’ll go for a small percentage of the deposit, but before that I’ll definitely let you know.
Bitcoin is an expanding triangle and a channel, which is faster?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Friends, I found another interesting formation that can work out in the future, from the technical side it is called the "expanding triangle.
At the moment, we are seeing that the price on 12H has already bounced and is striving to test the resistance from above at $31,950 in the "triangle", perhaps the price will bounce earlier, as I wrote earlier, a return to the range from $29,650 to $30,500.
In general, the picture is not entirely clear yet, because on the futures chart we have an "upward channel that has already worked from above and should reflect from below by $28-27K
Guys, I continue to hold a short position with TBX $ 31,250 I decided to share this chart because it can also work itself out in the future and you need to be as careful as possible with short positions and follow your risk menu. All the best and happy trading!
ETH - will leave the channel in the wake of bitcoin?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Ethereum similarly built an ascending channel only already at 4H TF and is also actively pressing the support of the pattern, from which we can probably get a small reaction from the buyer, a small rebound)
While the main local support for ETH remains the level of $1825, which was already tested last week, I wrote about this support and there were plans to exit the short position there, but plans changed and I closed the position earlier.
As you understand, my thoughts are on a downward movement and an exit from the channel at a breakdown of the support level or through a small rebound and the first target will be the range of $1820-1800
So far, only from marginal Bitcoin positions to short with TBX $31,250
Will the exit from the "upward channel" be classic? When is DumpHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Friends, I fell out of trading a bit, as always, when moving, on flights, but now I'm already at the base and ready to return to work with renewed vigor.
In general, nothing much has changed while I was away from the channel, the new formation "upward channel" that I found on 12H looks very good, on recent news, they removed jewelry liquidity from above $ 31,850 test of the upper border of the channel, at that time I fixed altos #AVVE and said that the correction from this XRP hype would not be long in coming :)
And what do we see now? The price is actively pushing the support of the $30,000 pattern and we are already seeing a small downward exit from the ascending channel, although it looks weak so far. This suggests that the seller has not yet activated at full strength, but I think this is temporary and we will see a powerful movement very soon. I have allocated for myself a zone of $27,780-28,000 where I will already think about fixing my short position with TBX $31,250.
By the way, the indicator also began to slowly change into short shoes on older timeframes, but not on all functions! So something here is quite possible to expect a slight rebound, from about $29,650 to $30,000-30,500 is not a long signal! In general, while I'm watching and if there are any changes, I will definitely let you know❤️
bitcoin - forms a triangle again - is this a bull trap?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Opened a short position for 20% of the deposit
Technical: the price has formed a triangle again with a tightening of the upper border on the 8H chart, as long as we see one false breakout on the previous bullish candle, the situation may repeat itself and it is best to act with an addition higher.
Deal plan:
Entrance - 31,050/31,550$
Stop - $32,480
Take - $29,870
P.S: Guys, try not to risk too much and take a position with a short stop loss, with any profit, we move the stop to the second.
ETC - breakdown of the global countertrend! The price will fly iHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
A few thoughts regarding the ETC chart.
My position at 15% of the deposit with an entry point of $18.85 continues to hang, as I said, I will just wait for better changes in altcoins. Well, according to ETC, they may have already arrived ...
Technical: the price has broken the global trend line and the most important thing is that the buyer does not lose the zone and we are fixing above this trend line.
In the future, if things go well on the chart as well, then I expect to see an exit to the first resistance of 0.236 Fibonacci ($23-25) 25% of my entry point.
ETH - breakdown of the local trend exit at $2000?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Technical: the price of the asset has broken through the local countertrend and at the moment we can observe a fixation above, which at one time is positive for ETH.
The resistance level was marked with a red line, technical rollback to the current price of ETH is possible from there.
Pay attention to the fixation of cross-sectional bars in one range (almost even candles on the daily TF), it is clear that the market maker keeps the price in one range for further price manipulation.
I think the manipulation will be to take out a short position, for myself I noted the level of $ 2020, perhaps from there and we will see a correction.
There is no desire to consider Long from the current values now, I want to watch the chart for some more time, if ETH goes above $2000, I may open a scalp short with a short stop loss.
Bitcoin - the perfect working out of the downward channel!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Another formation that I talked about a couple of days ago before this powerful run, the “down channel” is another pattern that constantly works out on higher timeframes.
Technical: We didn't confirm the bottom of the pattern at $24,300 but we had confirmation on the falling wedge which I also wrote about in my feed. The exit from the channel turned out to be perfect, you can see the chart for yourself)
At the moment we have support in the range of $28,350 (+ -) as I said earlier that after such a strong momentum we should expect the price to pull back. If the support fails, then the next support level will be $27,350-$27,500, a strong mirror level.
At the moment, I locally expect the continuation of the upward movement and, as you already understood, this may happen through a slight decrease (not a signal to go short!) and we will stretch the global 0.5 Fibonacci.
Bitcoin - The Perfect Wedge WorkoutHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends, I still waited for the cherished $30,000, the take-off for someone may have been unexpected, but I wrote about it for a month and gradually averaged the LONG position.
Technical: bitcoin broke through the $27,350 resistance (upper part of the wedge) and we saw a sharp rise in price to the $30,000-30,500 zone, the perfect wedge working out. take note for yourself of similar patterns in trading, they help to understand the development of levels well.
I fixed 80% of my position and managed to withdraw 51% of the deposit with 3X leverage. I think this is not a bad result of a positional trade.
I will leave the remaining 20% until a possible test of the $31,500-$32,650 zone, the stop put in plus at $27,350.
Thoughts so far are: it is definitely worth waiting for a rollback, perhaps even by 1000-1500 points (not a signal to go short!) After such a strong growth. At the moment, the $28,350 zone does not look like a bad support from the technical side, perhaps the reaction of the buyer above the previous $30,990 High will come from there.
Bitcoin - confirmation of the bullish pattern!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
On the technical side, bitcoin still tested the key zone of 25.000-25.200 and even removed liquidity a little lower.
While we are seeing such an interesting formation on the bitcoin chart "Descending Bullish Wedge" which often works out well, we can already see a small reaction from the lower support zone of the wedge.
At the moment, it is important to return the asset to $26,300-26,500 in order to continue the path to the local resistance of $27,500, I hope this will not be long in coming!
Happy trading everyone!
Bitcoin - volatility expected! Attention!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Get ready, market volatility is expected today!
Friends, today is the most fundamental day, we may see increased volatility in the stock and cryptocurrency markets, be careful if you are in a position with a large leverage.
▫️Fed rate - 21:00 Moscow time
▫️Fed press conference - 21:30 Moscow time.
Most analysts say that the Fed at today's meeting may take a break from raising interest rates. For now, everything looks logical to take a break because inflation is declining and is already at 4%, which means that the tightening is working and after a certain period of time (after a pause) the Fed will return and start raising the key rate again until inflation reaches 2%.
Cancellation is positive? I think yes for a while, but you should still expect volatility in both directions by several hundred points in BTC.
ETH and BTC is a strong move hint?Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
I noticed an interesting situation on the charts of ETH and BTC.
Earlier on March 10, on the #BTC dump from FUD, the price evenly tested the countertrend on the reverse side and we got a 60% rebound. Now we see a similar picture only on the ETH chart, the price also catches the countertrend line with a shadow.
The fact is that for some altcoins, you can use their movement to determine the trend (movement) of BTC
Bitcoin - next week will be decisive!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The standing of the price under the local resistance continues, and this, of course, makes me stop believing in further growth, but I continue to hold the Long position and adhere to the original plan.
Technical: nothing much has changed, the buyer again needs to return the price to the $27,500 zone to go above the local High $28,450 and I think this will be a quick takeaway, because we have already removed liquidity from below by going to $26,500, it's time to collect liquidity from above, so be prepared for next week's rally, and don't forget your risk management!
Ethereum - $2000 exit very soon!!!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Previously, I gave a deal in Long on the breakdown of the local countertrend line, the plan worked perfectly! You can fix a part of the position, leave the rest until the test of the 0.618 level.
I think that before reaching $2,000 and above, we will have a small rollback to the local support level (red line on the chart), after which we can expect a buyer’s reaction in this zone, well, here you need to look at the situation, do not act at the moment, because most often such the levels are squeezing and I take off the stops of large leverage, so be careful)
Bitcoin - pullback before $30,000 exitHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Previously, I wrote several posts about exiting through local resistance, so far everything is clearly according to plan!
I'll update my previous idea a bit:
Bitcoin passed the local resistance with one candle, as it was said earlier, and even tested the local countertrend line of $28.250 (the last stop of the price of $28.450 is the gray line on the chart).
At the moment, I think that we are waiting for a test of the $27,500 mirror level before reaching $30,000 and possibly higher, an approximate plan is shown on the chart.
I continue to hold my position from $26,200 to $30,000 test, there I will already act according to the situation, either fix most of the profit and keep the rest until the local High $31011 test, or completely fix the position and wait for a significant correction to the previous local support levels of $26,300-25,000
ETH - breakdown of the local countertrendHello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
ETH continues to consolidate in the same range, creating small impulses towards the local countertrend line.
You can try to gain a position from the current values on the breakdown of the countertrend line by placing a grid of orders, 5% of the deposit.
Deal plan:
Entrance - 1820/1790/1770$
Stop - $1725
Take profit - $1900-1930 (0.5 level test)
I think there will probably be a small rollback before the trend line is broken, so it’s better not to risk much and take a position with an addition lower, you can arrange the grid in your own way to stronger levels from where the price can get a rebound.
Bitcoin - next week will start with growth?!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
- A few thoughts on the bitcoin chart and what to expect next week.
- Bitcoin price continues to consolidate under strong local resistance $27,200-$27,550
-At the moment, on the technical side: there is a tightening to the trend line on the 12H chart, which can lead to a decrease in the range of $26,500-26,150 (gray area on the chart). Or there is an option to see a reversal already from the current values (rebound from the trend line) to the breakdown of the local resistance of $27,550
-I stick to the first option, but I still think we will see a slight downward movement at the opening of the week. It seems that there is still not enough fuel for the rocket that I am waiting for, you need to wait a little more, if you understand what I mean
Bitcoin, another bull run soon?!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Bitcoin technical failed to overcome the local resistance of $27,550 and again got a rebound below $27,000
At the moment, the price of bitcoin has rebounded from the local trend line of $26,550 and it seems there is again a chance to try to break through the strong local resistance of $27,300-27,550 and keep the chances to go above $30,000
As long as the buyer leaves the price in the gray area on the chart, the chances of a bull run still remain, the main thing is to wait for the right moment and stick to risk management.
I got Long from $27,500 with 1000 pips down, my TBX is $26280 and I keep holding Long!