STG Morning Doji Star 🍨 Massive GainsHey guys!
Well, first of all you don't want to miss this chance!
Here's my price action analysis for this coin:
We have a very strong upwards trendline that has been respected and bounced off from for 7 months. That's a huge hint to prove is a key area!
It has been faked out twice and everytime it bounced off from it, came back stronger than ever.
Last bounce we had not only it bounced off our upwards trendline but it also formed a strong bullish reversal candlestick pattern: Morning Doji Star!
We could say it's trying to break from the downwards move (pennant, triangle) these are very subjective but it adds up to the confluence ice cream bowl.
As a side note, candlestick patterns don't have a real meaning unless they happen at a high confluence zone then you really want to play attention to get on board on the train early!
Moreover, I recommend you trade SPOT this because market fluctuates and stops can get taken out in higher TF ideas. So HODL !
Targets area marked as TP1, TP2 and TP3
All the best,
Kina 🍨 The Girly Trader
Hodlstrong
DENTUSDT ⚛️ Long Term Spot IdeaWhat's up guys! Crazy moment we're living in the Crypto Market these days. BTC halving coming really soon and things could get really volatile real quick! It's really a great moment to have a plan of action to protect your assets.
Alright, so I've been asked to share my idea for DENT crypto coin and this is my plan of action.
1) DENT has been in a strong accumultion range for a long time and if you take a look at the bigger picture, you'll notice that it still is stuck in the range. I've marked the zones of this range with big yellow rectangles as shown in the chart.
2) When and where to buy? The best possible area is the lower band of the range but for that we would need a drop in the market which could have already been triggered after touching the resistance band of the range. The other way is wait for the proper confirmation that DENT got activated by buyers and enter at the breakout of the resistance zone which is also marked in the chart with some buy icons.
Optimal buy zone: 0.000479 - 0.000800
Second chance buy zone: Break and re-test of resistance from the range at about 0.002800
For the second chance, price entry won't feel as a sniper entry but still is early for the profits you are aiming for.
3) Where to take profits? There are 2 major zones but the most magnet wise that DENT has it's 0.01200 because in the bigger picture this is a critical round number area which price pierced through and then re-tested as resistance so this means it's a level that actually turned support then resistance which is wildly known as a FLIP ZONE in technical analysis. That's why I believe price is going to get some reaction for sure to this level.
Now, if you've got diamond hands then HODL DENT might not only re-test ATH but in the upcoming bull run, DENT will be making newer higher highs and breaking out the ATH for sure. However, we don't know HOW LONG is going to take until this plays out but most likely by 2025.
I hope you found this idea helpful.
Tip of the Day: Don't freak out if things don't go your way. Just take a breather, take a walk, have some fresh air and come back calmer. You'll definitely be making better decisions when you have a clear and calmer state of mind.
As always, keep it Shiny ⚛️
Kina, The Girly Trader
The writing is on the wall #BTCThis chart speaks for itself. Pure price action for me. This is looking at the daily chart and we can easily identify key area. Like where we could be headed both long and short. Nevertheless, #BTC is doing exactly what it needs to do to take us to the next level. Hold on to your seats people This is going to be a hell of a ride. Downside move could be in the play short term, but history shows us each halving comes with its topside move HOLD STRONG!!!!
All of the FTD's ever reported since January $AMCFailure to deliver (FTD)~ When a trader of a security can not meet all of the obligations of the trade at the time of the sale.
How FTD's are effecting AMC is done by Big money traders trading these FTD's between each other which continues to impose selling pressure.
When a single stock is a FTD (NOT THE TICKER/COMPANY), there is a owner of that Security. When the ftd is being sold to the next big money trader, There is a new share that is resulted in that trade between traders.
At the end of this transaction between the seller of the FTD and the buyer 2 shares have been imposed on the market.
Owner of the FTD --> Selling the FTD to the next --> Sell it again to the next and you now have 3 shares sprouting from 1 with the pressure on the market of 3 shares!
1 Share at this point Rather than that one share being given, a synthetic share was made (the same pressure is imposed
as if a second share was bought on its own through a lit exchange)
You can see how this turns into a shit show when these FTD's are constantly hopping around imposing new pressure at different points.
3.5 Million on the top but how many shares could that actually be?
I figured this chart would be great to watch. Updating this every month with reliable information pulled from the Sec.
Follow to keep up
Happy trading everyone and remember,
Scared money don't make no money.