Get started

Highprobability

Bitcoin dominance & ALTSEASONI like it all the more that, despite the impulse movements of BTC, shitcoins do not experience such extreme drops, so it can be said that they are strong and relatively stable. I've always kept from thinking about ALTSEASON until after the breakdown of the primary support trend. Until yesterday, I was waiting for a more prominent daily candle, which will confirm the breakdown, and that's how it happened. Looking at today's daily candle and yesterday's close, we can say that it really didn't hold the trend and the dominance should start its journey DOWN. 4H-12H MACD + Histogram bearish, Daily turns towards bearish cross. 3D and even Weekly indicate a potential bearish cross, which, if this week closes, confirms the idea of ​​a medium-term shift of focus away from BTC. The RSI is in the neutral zone on all High TFs, so it has plenty of room to drop. 1D chart:
CRYPTOCAP:BTC.DShort
by Tradify_Seb
3
MELI and SE CorrelationMercadoLibre ( NASDAQ:MELI ) and Sea Limited ( NYSE:SE ) are two highly correlated stocks in the same sector (Internet entertainment/e-commerce). Since SE had a 50% increase in the second half of 2018 (marking the beginning of the market-cap similarities), their correlation began, and SE's large moves (or lack thereof) are highly likely to be precursors to moves from MELI, making it a rare case of a leading indicator unlike most (i.e. RSI and MACD which are lagging indicators). As these moves take time (usually about 3-6 weeks), these plays are for multi-week/month traders who seek consistent returns. I've annotated the correlation plays within the last two years which should serve as a framework for anyone seeking to take advantage of these opportunities in the future. TL;DR: SE and MELI are highly correlated, and, as annotated in the analysis, SE is a leading indicator for MELI generally speaking. The areas of big moves by SE are usually precursors for big moves by MELI, and areas of consolidation by SE are usually indicators that MELI's big moves will reverse. Ideal time frame: 2-6 weeks per trade. As always, do your own due-diligence, never risk too much per trade, have your own plans and targets, and be responsible. Chart image without volume:
NASDAQ:MELI
by Ricardo_N
Buy PVR at 950-1000 Rs, has potential to gain more than 100%Technical Part : Stock was rejected upside after last week rally, it didn't have any price support in that trajectory, we saw the profit booking on Monday. Some might say, it happened due to financial report but that was just a bite at the cherry. Now stock has retraced more than 50% and heading towards 61.80%. It is Excellent Bargain Price where you can get in, Stock has great upside potential of more than 100% Fundamental Part: High growth Stock P/V ratio 4.15, Good EV/EBITDA ratio 6.19,Excellent High FII investment Return on asset and Profit Margin has decrease due to this quarter otherwise it was good "Overall it is a great purchase, if you hold it for more than 6 month. People will rush towards entertainment once everything will be okay"
PLong
by OK_Rane
AUD/USD SHORT!It appears as if AUD/USD is creating a large bear flag with a small bear flag located at its beginning, as visible in the upper left corner of the bear flag. Which is known as a falcon flag to a minority of traders. Although it appears as this flag, we have currently just gotten confirmation for the second touch. This can be a valid short term sell, but you must be aware that it can reject of the lower trend line and hit the upper trend line for the third touch. Short term -valid sell. Long term after third touch - High probability sell. On the charts you can see the two discussed possibilities, one of them is indicated by a green arrow, and the other possibility is shown with blue arrows. In addition, the flag is under the break of a high timeframe ascending channel, increasing the probability of the trade.
Short
by spotlars
2
HOW TO TRADE MARKET STRUCTURE HOW TO TRADE MARKET STRUCTURE 1) WE CAN SEE THAT USDCAD HAS BEEN IN AN UPTREND MAKING HIGHER HIGHS & HIGH LOWS. THIS IS DISPLAYED WITH THE A-B-C-D MOVEMENTS 2) AT 'C' WE REACHED A KEY RESISTANCE ZONE AT 1.42500 RESULTING IN THE NEXT PHASE OF THE UPTREND TO CREATE A NEW HIGHER LOW AT D 3) AT 'D' USDCAD BEGINS THE NEXT PHASE OF OVERALL UPTREND AND ATTEMPTS TO MAKE A NEW HIGH. HOWEVER THIS UPWARD MOVE FAILS AS WE FAIL TO BREAK ABOVE 'C' & INSTEAD END WITH THE MOVE TO 'E', SIGNALLING A POTENTIAL END TO THE UPTREND 4) THE NEXT MOVE FROM 'E-F' CREATES A NEW SUPPORT LEVEL AT OUR PREVIOUS LOWER HIGH 'D' (1.41142) ZONE 5) THE NEXT MOVE FROM F-G IS AN ATTEMPT FROM BUYERS AT THE SUPPORT LEVEL CREATED FROM E-F (1.41142) TO TRY AND CONTINUE THE UPTREND HOWEVER 'G' NOW CREATES A LOWER HIGH 6) FROM G-H WE CAN SEE PRICE IS MAKING A THIRD TEST OF THE SUPPORT LEVEL AT (1.41142). A FAILURE OF THE SUPPORT LEVEL HOLDING GIVES US A GOOD ENTRY POINT TO ENTER A SELL POSITION WITH OUR PROFIT TARGET OF 105 POINTS AT 'H' (1.40000)
Education
by ezinvesting
EUR/CAD: SELL SETUP with high probabillityHey tradomaniacs, right now we can see a clear move into a zone if high potential of bearish confluence as we hit two trendlines and a strong resistannce-zone. This could be a price-zone where the breakout of the previous Trendline (a) could continue. Watch out for fakeouts to the topside before entering. ;-) LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
#AGI [SingularityNET] - Upto 70% Profits Opportunity.#Accumulation_Recommendation Trading Pair : #AGI / #BTC Trading Platform : #Binance #Bitfinex #HitBtc Note : #AGI has been in a downward movement for some time after trying to make an upward reversal move in the first week of Dec, 2019. It has already formed a falling wedge triangle and trying to breakout from the triangle indicating an upward reversal movement from here. Taking some of the indicators in the market it seems it is going to be a good time to safely trade #AGI considering to take the risk and managing it in a professional way. By this, Volume is looking very good in the daily time frame growing stage by the stage by the last 5 days. EMA 20 looking bullish becoming lower than the current price at around 203 sats. Accumulation Area : 190 sats - 203 sats Distribution Targets : Target 1 : 210 sats Target 2 : 230 sats Target 3 : 247 sats Target 4 : 264 sats Target 5 : 287 sats Target 6 : 318 sats+ Stop Loss : 174 sats Invest: 3% Risk/Reward: 7% / 70% With Regards. Team TogetherWeAccumulate
ALong
by cryptotalk_et
2
AUD/JPY Trade Setup (High Probability)We've reached the structure high of the ascending channel (as mentioned in the previous post) and have correctively broken it on the 15min timeframe (with a rising wedge). We've now broken back into the channel but since it's the daily close, we're going to wait until the spreads calm down (which usually takes an hour or so after the daily close). I'll be entering on the close of the 1hr retrace with a 15 pip stop (just above the structure high). This is an update on the forecast that was done this afternoon.
Short
by mohammed0141
1
EURNZD Long Trade Set Up *DAILY TREND & HIGH R:R*Here is a potential long trade set up on the Euro / New Zealand Dollar FX currency pair. Daily Timeframe - Nice rejection of the daily bullish trendline drawn across the last 2 higher lows. Price has made higher highs through September so the higher timeframe is definitely bullish for me. Lower Timeframe - Price has broken the 1hr bearish trendline and produced a higher low and higher high over the last few trading days. Price is now pulling back in to the bullish daily and 1hr trendlines supporting price. I am looking to enter a long position if prices reaches the coloured zone on the chart. This zone would be a bounce off the daily pivot level, 0.786/0.618 fib retracement levels, 1hr bullish trendline to hold strong and a higher low to form. By entering on the 1hr timeframe I can get a fairly tight stop loss and then swing trade the daily trend up to new daily highs. This could see price reach 1.80 next! With a 45 pip stop loss and target profit at 1.80 this could return a mega 25:1 RR before any scaling in.
Long
by UnknownUnicorn772665
8