Airbnb (ABNB): Time to Short!I love Airbnb for vacations but this chart really isn't looking so good...
It is the only stock we are currently looking to short. Airbnb has consistently shown lower prices since its inception, despite a recent period of higher highs since hitting a low of $82. We remain confident in the continued downward trend.
The movements from point A to B and B to C align well with Fibonacci extension and retracement levels. The retracement for Wave (2) is particularly notable at the 61.8% level. We believe we are currently within Wave (3).
We want to time the short entry based on anticipated Elliott wave counts. We anticipate a further decline in the short term, followed by a potential rise in the coming weeks. We plan to place our short position during this anticipated rise in Wave 2. We will continue to monitor the price action closely and provide a detailed update with exact entry and exit points once we are ready to place the short position.
Dump
It's Time To Reassess Our Previous Bitcoin SynopsisTraders,
This recent drop in Bitcoin price has caught many traders (including myself) off-guard. Unfortunately, we cannot always get it right and when we do get it wrong, it is important that we drop any preconceived ideas we hold and honestly re-evaluate potential price action. So, that's what we are doing in today's video. We are only going to look at Bitcoin, what it's doing now, what it has to do to remain bullish, and what might happen should we remain bearish.
DOGE - Short Trade | Support is fallen #DOGE/USDT #Analysis
Description
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+ DOGE, everyone's favorite meme token, has broken its support and is heading into a free fall.
+ There is no significant support until $0.09, which presents a good trading opportunity.
+ I'm entering a short trade at the current price.
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VectorAlgo Trade Details
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Entry Price: 0.11665
Stop Loss: 0.13552
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Target 1: 0.10860
Target 2: 0.10222
Target 3: 0.09132
Target 4: 0.08169
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
ZIL - Can it go any lower? or 1300% Profit ?#ZIL/USDT #Analysis
Description
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+ The price is currently testing its support levels, this support held strong in the past.
+ If the support holds, a rebound is likely and which will lead to continuous bullish trend in the bull run
+ However, if the support fails, there's a possibility of further downside.
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VectorAlgo Trade Details
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Entry Price: 0.01484 - 0.01649
Stop Loss: 0.01230
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Target 1: 0.01918
Target 2: 0.03151
Target 3: 0.04725
Target 4: 0.08345
Target 5: 0.11185
Target 6: 0.15093
Target 7: 0.23499
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
RUNE - rejection or continuation ? #RUNE/USDT #Analysis
Description
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+ The price has reached the support zone and it's uncertain whether the support will hold or break.
+ If the support breaks, the next support level is around 3. If the support holds, I expect a strong reversal, providing us with a trading opportunity.
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VectorAlgo Trade Details
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Entry Price: 2.657 - 4.246
Stop Loss: 2.00
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Target 1: 5.305
Target 2: 7.354
Target 3: 10.998
Target 4: 16.216
Target 5: 21.139
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Timeframe: 1W (Long Term)
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Update on BTC DominanceBTC dominance is currently around its resistance line on 4H timeframe and it recently bounced back from the support level.
if btc breaks this resistance level we can expect the btc price to pump and ALTs to bleed.
im expecting the dominance to get rejected from the resistance level and hit the support again.
Lets wait and see
WIF - Good time to enter a for Long term tradeBINANCE:WIFUSDT (1D CHART) Technical Analysis Update
WIF is currently trading at $2.5 and showing overall bullish sentiment
Price has hit it's long term support and clearly bounced back from it. We have clear opportunity for a long trade.
Entry level: $ 2.5631
Stop Loss Level: $ 1.8680
TakeProfit 1: $ 2.8583
TakeProfit 2: $ 3.1255
TakeProfit 3: $ 3.5231
TakeProfit 4: $ 3.9662
TakeProfit 5: $ 4.5981
Max Leverage: 2x
Position Size: 0.5% of capital
Don't forget to keep stop loss.
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Cheers
GreenCrypto
BONK - Two scenarios$BINANCE:1000BONKUSDT (1D CHART) Technical Analysis Update
BONK is currently trading at $0.02388 and the price is currently at the support zone and currently uncertain on in which direction will the price move. We have two trade possibility here, if the price bounce backs from the support then we can enter a long trade, if the support breaks then we can enter a short trade.
--- LONG Trade ---
Entry level: $ 0.025727
Stop Loss Level: $ 0.021041
TakeProfit 1: $ 0.029562
TakeProfit 2: $ 0.034171
TakeProfit 3: $ 0.043035
--- SHORT Trade ---
Entry level: $ 0.020010
Stop Loss Level: $ 0.024466
TakeProfit 1: $ 0.017673
TakeProfit 2: $ 0.015517
TakeProfit 3: $ 0.012212
Max Leverage: 5x
Position Size: 0.5% of capital
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
Bitcoin In DANGER: Back to $20,000?Preface: I don't think that going back to $20k is the most likely scenario at this point in time. However, it's valuable to discuss different potential outcomes in an every-changing market. If you disagree and only want to look at one potential outcome it's up to you.
In this analysis I want to take a look at one of my more popular indicators; Bitcoin's Logarithmic Price Bands. In case you want to know more about this indicator, please check out the link on the bottom of this post.
Back in March I made an analysis with a similar title where I discussed the fact that the yellow logarithmic price band has historically proven to be a very strong resistance.
For example, last cycle's mid-cycle pump (summer 2019) found resistance on exactly the same area.
Same can be said for 2013. Both reversals from the yellow bands resulted in a >70% dump (high to low). A 70% dump would mean that BTC will go back to (roughly) 20k.
It's too early to say whether this analysis is correct, but I can imagine a world where this is possible. Compared to previous cycles, we went up too much and too fast with all the ETF news. A deep correction might be needed to get to the elusive 100k.
Happy to hear your thoughts in the comments 🙏
what is going on in crypto market?!hello guys!
today crypto market has gone down a lot!
let's look through the details:
Today's crypto market experienced a bearish trend, with Bitcoin (BTC) falling to $65,000 and Ethereum (ETH) declining to $3,428.45. Altcoins like Solana (SOL) and meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) saw significant drops, while XRP defied the trend, rising slightly.
The global crypto market cap dropped 3.14% to $2.35 trillion, and market volume surged 104.01% to $94.07 billion, influenced by the U.S. Federal Reserve's hawkish stance.
Key Prices:
- Bitcoin (BTC): Down 1.39% to $65,374.98.
- Ethereum (ETH) : Down 4.39% to $3,428.45.
- Solana (SOL): Down 9.25% to $134.26.
- XRP: Up 0.33% to $0.4893.
Meme Coins:
- Dogecoin (DOGE): Down 9.74% to $0.122.
- Shiba Inu (SHIB) : Down 12.12% to $0.00001802.
Top Losers:
- zkSync (ZK): Down 30.23%.
- Fantom (FTM): Down 20.69%.
- Ethena (ENA): Down 18.89%.
- Starknet (STRK): Down 17.82%.
____________________________________
let's come back to Total2:
description:
The **Total2 Index** is a cryptocurrency market index that tracks the total market capitalization of all cryptocurrencies excluding Bitcoin. This index provides a way to measure the overall performance and trends of the altcoin market, without the influence of Bitcoin's market movements, which often dominate the crypto space.
By excluding Bitcoin, the Total2 Index gives a clearer picture of how the altcoin sector is performing, helping investors and analysts understand market dynamics and the relative performance of various other cryptocurrencies. This index can be particularly useful for those focused on altcoins or looking to diversify their portfolios beyond Bitcoin.
technical analysis:
the previous leg Was corrected until 33%, so it seems the next legs become more bullish, and this index will touch the $12.9T area as well, but it's fine if it becomes a little bit bearish until touches more than 480b area, we can consider on an upward movement!
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✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
NOT → "DUMP" and 0.015 or false breakdown and 0.04?BINANCE:NOTUSDT looks strong both fundamentally and technically, but the hourly timeframe is forming the preconditions for a “Dump” of the coin before a possible further rise.
Since the opening (not counting the listing day), the coin has strengthened quite strongly without much pullbacks, which has created a rather large imbalance. In addition, there is a clear “Dump” scenario, where first the coin was pumped up to 450% and now it can be dumped in order to collect liquidity at the expense of traders who caught up with the outgoing train.
At the moment all the attention is on the area of 0.02-0.0199. There are two possible scenarios regarding the level and everything depends on the market reaction and traders' behavior. Either it will be a breakout and liquidation, or a false breakdown with the subsequent continuation of growth to the liquidity zones.
Support levels: 0.0199, 0.185
Resistance levels: 0.023, 0.0253
Volumes, investments are growing, but the coin cannot grow all the time. The market needs energy and whales may eat some buyers in order to form long positions at more favorable prices. We are watching the specified zone of 0.0199.
Regards R. Linda!
SHIB ANALYSIS (4hr)🚀#SHIB Analysis : Pattern Formation
🔮As we can see in the chart of #SHIB that there is a formation Head And Shoulder Pattern and it's a bearish pattern. If the candle retests the neckline then we would see a little dump in #SHIB📊
🔰Current Price: $0.00002340
🎯 Target Price: $0.00002060
⚡️What to do ?
👀Keep an eye on #SHIB price action. We can trade according to the chart and make some profits⚡️⚡️
#SHIB #Breakdown #Cryptocurrency #TechnicalAnalysis #DYOR
$BTC looks bearish#btc #bitcoin price didn't cross the major resistance area at 72K and then heavily dumped. Thus, a bearish double top has been formed. Short term bounces may be necessary but the continuation is bearish. In lower time frame, #btcusd is moving in the ascending channel.
By the way #gold and #silver heavily dumped, too. It seems rumors have been sold and the news will arrive.
Not financial advice.
W is about to moon :#W #Analysis
Description
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+ The price is showing a strong rebound from a major support level.
+ Recently, it successfully broke through the resistance line, indicating a potential upward trend.
+ Based on this momentum, I anticipate that the trend will hold steady and reach our projected targets.
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VectorAlgo Trade Details
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Entry Price: 0.648
Stop Loss: 0.498
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Target 1: 0.752
Target 2: 0.873
Target 3: 1.023
Target 4: 1.257
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Timeframe: 12H
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
ONE - Looking like a moon trade #ONE/USDT #Analysis
Description
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+ The price has reached the broadening wedge pattern and is currently trading within the support zone.
+ I anticipate this support holding and the price rebounding from this zone. (However, if this support fails, our trade is invalidated.)
+ I'm initiating a short position at this point and will consider adding more once the rebound is confirmed.
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VectorAlgo Trade Details
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Entry Price: 0.01983
Stop Loss: 0.01595
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Target 1: 0.02251
Target 2: 0.02560
Target 3: 0.03124
Target 4: 0.03931
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
ATOM 200$ next bullrun 🃏On my chart you can see the previous bottom from last cycle, then price made ATH on 45$, then made pullback -85% and found support level on 6$ and didn't touch the bottom from previous cycle. Next price makes accumulation , swept liquidity from weekly candle, made deviation of trendline channel, made divergence on 1w TF. Also remember there are a lot of projects are built on Cosmos chain ==> they need native token ATOM ==> buy pressure .
On the Fate of BitcoinIn the current image, BTC stands at the tip of a critical threshold. The price has currently been rejected from the 200-unit exponential moving average in the 4-hour time period.
Although attempts have been made 3 times to the falling channel resistance area we are in, there is no strong and significant sign of any breakout.
Currently, the target of an Inverse H&S pattern appears to be the previous high. However, the breakdown of the critical support area will clearly take us to a critical support area, which we will define as another bottom point within the golden pocket borders on the logarithmic fib scale. This means that we will fall below $50K.
Good Opportunity for LONG trade if price pumps backBINANCE:FLOWUSDT (1W CHART) Technical Analysis Update
FLOW is currently trading at $0.902 and price is hovering around the support zone. Im looking at the price to pump back up as the price has already hit the support zone.
We can expect pull back but that will be a good opportunity for a DCA. You can enter a LONG trade at the current price and do DCA if the price pulls back to the support zone again.
Entry level: $ 0.904
Stop Loss Level: $ 0.652
TakeProfit 1: $ 1.011
TakeProfit 2: $ 1.160
TakeProfit 3: $ 1.416
TakeProfit 4: $ 1.772
Max Leverage: 4x
Position Size: 1% of capital
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
RED is for buying! gotta bet on this one! Afternoon fellas,
Figured I'd come back with another one during these red days...
Pumped the other day and I did sell some. But looking into this setup following up the previous pump.
This post is also a follow-up from the previous post. Check it out!
Trade thirsty.