MKR USDT SHORT SWING TRADE| MKRUSDT | SHORT @ 2380 - 2370 | TP @ 2360, 2350, 2340, 2330, 2320 | SL @ 2460 | PATTERN = DESCENDING TRIPLE BOTTOM BREAKDOWN |
PNF chart on the hourly shows a trend reversal, DESCENDING TRIPLE BOTTOM BREAKDOWN.
The strategies I use involve a mix of PNF and Renko. My type of trading is strictly swing trading.
FTX
RUNE USDT LONG SWING TRADE | RUNEUSDT | LONG @ 8 - 8.5 | TP @ 9, 9.5, 10, 10.5, 11 | SL @ 7 | PATTERN = LOW POLE REVERSAL |
PNF chart on the hourly shows a trend reversal, LOW POLE REVERSAL
The strategies I use involve a mix of PNF and Renko. My type of trading is strictly swing trading.
FTT/USD - Long opportunity for 10%, resistance broken! 🚀FTT has broken the resistance that has acted in this role since early September. After several re-tests we finally broke it once we bounced on a good support level
Now we're making this resistance level support, should that succeed, I see up quickly moving up with a nice target at $67. Once there best to secure profits and re-assess.
We also have a resistance at $62, however that will likely not hold us much.
The indicators like MACD and RSI are also curving up nicely, hence we're building a nice rally here. Risk reward favors a long.
Good luck!
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SNX USDT LONG SWING TRADE | SNXUSDT | LONG @ 10.5 - 11 | TP @ 11.5, 12, 12.5, 13, 13.5 | SL @ 9.5 | PATTERN = N/A |
Testing my first swing trade on TradingView, not my first swing trade ever. PNF chart on the hourly shows a trend reversal.
The strategies I use involve a mix of PNF and Renko. My type of trading is strictly swing trading.
BTC continuation downWe lost the support at 44k last night and saw a pretty sharp breakdown and is now acting as resistance on the smaller time frames.
Expecting a continuation move down to the area of interest around 38-40k before seeing another attempt and trying to change market structure.
IMO the market is still bearish and any bullish rally we have is a short term recovery.... You know how everyone screams "BUY THE DIP" in a bull market?
Well in a bear market we "SELL THE RECOVERY"
If you have trouble looking at charts objectively because of a confirmation bias, try inverting the chart and having another look
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New high in FTT coming?Timeframe 4 hours. Of all alt-coins, FTT looks clear and predictable for us. After exiting the current range, it is possible to update the global highs since the current range has been traded for quite a long time. Take 1 - 52 $ / take 2 - 54 $ / - take 3 - 56 $.
It is also wise to leave some of the position in case of tothemoon and a new high.
Bitcoin in a critical zoneI feel we are back into a critical point with bitcoin right now, this whole rally back up to 52k never felt strong and was more of a suckers rally imo.
this latest liquidation move has upset the field a little and pushed some people into the realm of uncertainty.
I feel we need to get past the key fib levels on this retracement to regain strength other wise its back down in a bearish continuation either to 44k or lower.
If it cant pop out of these levels and have a go at the 52k resistance, the market is over all in a bearish range.
FTX Token Struggles Near ATH As Bears Attempt To Pull It Down-FTT has risen over 20% the last week
-Price has formed an ascending channel over the last week
-FTT is being held up by the 50MA
FTX Token (FTT) is the backbone of the FTX ecosystem. FTX exchange has been rapidly growing over the last year along with its native token, FTT. FTT has experienced an immense amount of gains throughout the year as prices continue to rise along with the usage of the FTX platform. FTT gives fee rebates to holders of the token along with the opportunity to stake FTT which comes along with many benefits. FTX token can be compared to BNB in the sense that it is woven within each exchange platform which both offer incentives for the users.
Ever since the start of September, FTT has had an explosive run up to ATH. Since the 1st of the month FTT is currently up over 55% while it reached a peak gain of 80% just over 2 days ago. At the time of writing, price is attempting to regain its major resistance zone of $75-$78. If this is deemed successful, FTX token will likely spike back above the $80 value. Over the last 10 days price has began to form an ascending channel (light blue). Until a breakout of either trend occurs, FTT will stay put within the channel.
Since the beginning of the month, price has been holding above the 50MA very well. This MA can be used as a good gauge as to whether or not FTT is in an uptrend or not. At the time of writing, FTT is tangling on to the bottom trend of its channel formation. Right below this trend lies the 50MA. If bears pull price below its channel trend, the last chance for FTT to keep its uptrend in tact is this MA. In the case price breaks below this MA, FTT will likely be in a short term downtrend which will land prices back in the low $60s.
While looking at the Stochastic RSI, we can see strength has been stuck within the oversold region for nearly 2 days. Strength must bounce out of this zone quickly & break the 20 value to save itself from further downside. The MAs of the MACD have been floating above the 0 value ever since the start of the month. This is not the most bullish sign as these MAs always find their way back to the 0 value at minimum. A bounce off the 0 value will likely setup FTT for a push back into its major resistance zone.
FTT Intraday Analysis
Spot rate: $73.37
Trend: Bullish
Volatility: Medium
Support: $69.76
Resistance: $75.24
SOL to $333 | #SOL #SOLUSDHello Padawans,
First of all, do not take this as a piece of financial advice.
As I said before, SOLana has reached the $200 level very easily, you can go and read the caption out there.
I have specifically mentioned #SOL and why I loved the project personally.
To reach this level, definitely, #BTC should recover soon, and as well as it should go above the $50000 level.
Let's see what's gonna happen.
Stay Safu, cheers!
May the force be with you.
Solana (SOL): Massive Upside PotentialIn this post, I'll be taking a technical approach to Solana ($SOL) .
Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk.
Analysis
- Solana is currently ranked #6 in terms of market cap, with a size of $58B.
- It is a rising platform that is arguably more efficient and cheaper than existing ones.
- Looking at the technicals, there are three main points that I found to be very bullish:
- First, we broke through the trend line resistance that connects the higher highs.
- Also, despite the massive price dump that took place across the entire crypto market yesterday, Solana has managed to maintain its momentum.
- Third, the volume continues to increase as we trend upwards, demonstrating confidence from buyers.
- The moving averages are also aligned in order, indicating that the overall uptrend on the longer frame is intact
- Counting waves, we can see that we are currently in the midst of the fifth impulse wave.
- Based on fibonacci retracement levels, we could expect strong resistance around $250, with a target up to $770.
If you like this analysis, please make sure to like the post, and follow for more quality content!
I would also appreciate it if you could leave a comment below with some original insight.
$FTT - should go searching for ATH end of this weekYesterdays dump took us into a D OB
Today we came and sweeped the wick low yesterday
Now we have got above the H1 up candle - the BKR - the breaker - that caused the sweep, and retesting it as support!
Missed limit entry at top of breaker - wasn't at PC
Market longed - aiming for -0.236 fib of H12 range confluent with around $90 - psychological level
Don't let me down SAM
FTT/USD bullish uptrend will continueAfter I posted the last idea of FTT,
It bring a crazy pump more than 40% in one day and reached ATH.
"FTT/USD go to ATH soon?" << you can go to my profile to see this idea.
Here is my latest idea of FTT:
- 4 hours chart break the down tread, seems the correction is completed?
- In trending trading, the bullish stocks will keep creating the ATH.... FTT can do that too!
- In the latest FTX IEO, the new token bring more than 100x... It mean next FTX IEO will bring more people to join and FTT demand will be high....
- If compare BNB and FTT, FTT token still in low market cap...
As said, FTX is growling fast and which is a innovation crypto exchange,
it also is a long term project to me.
This is not financial advice. Just my point of view.
You're welcome to leave your comment if you want further discussion.
#BTC : Simple Trading SetupQuick #BTC Update:
1. We are clearly uptrending with a strong break of diagonal resistance
2. We are approaching the rejection level of the large Head & Shoulders pattern and if price stays above 49500 we could see a strong push to 55-57k which signifies failure of the previous pattern
3. We are moving upwards in a slanted trading range, while in this structure and not below we can expect an upwards breakout (following the previous trend leads to success usually)
4. Jack Dorsey (CEO of twitter) may be adding BITCOIN payments to the platform, extremely bullish news in my opinion.
www.coindesk.com
Where is invalidation?
I will cut my trade probably if we lose $48,000 region.