A case for the bulls. Relief rally to pre-FTX levels Although I remain bearish on bitcoin for the moment until bullish confirmation occurs, here I showcase an idea for a potential reversal in bitcoin price. It's good to have healthy skepticism, and to trade without bias.
Here we see the possibility of bitcoin forming an Adam and Eve bottom pattern on the right chart, with a potential bullish gartley harmonic. This possible bottom formation is corroborated by a large falling wedge formation on the bitcoin weekly chart (left chart), which is supported by a very prominent bullish divergence on the weekly chart RSI.
If bulls can break above, and subsequently find support at the 18.2k-18.4k region, we could very well see a fast trip back to pre-FTX price levels.
HOT
Good evening, we are from Ukraine!Good evening.
I leave a promising deal that will work in the near future. If you want more such deals and a more detailed overview of the situation, follow my page, because there will be a lot of interesting and useful things ahead!
Good luck to everyone!
#ETH
#ETHUSDT
#USDT
USDCHF SUPPORT BOUNCE SETUPPair: USDCHF
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile , support and resistance
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Key Takeaway: Strong USD after news today, we have seen a fake break out of support and a bullish press upward, we are looking for a re-test of this level before looking for long entries
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Level needed: need a close by 0.94000
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Trade: LONG
RISK:REWARD 1:6
SL: —
TP: —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
AUDUSD BEARISH BREAKOUTPair: AUDUSD
Timeframe: 1D , 4H
Analysis: Round number level, trend line, volume profile , support and resistance, double top
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Key Takeaway: Strong USD has brought this pair down today with alot of bearish momentum, we are looking for a break and re-test of support before entering short most probably at the beginning of tomorrows session
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Level needed: need a close by 0.66980
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Trade: Short
RISK:REWARD 1:5
SL: 75
TP: 300
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
My trade recap on $CRWD$CRWD
I had the stock on my watch list and it was my preferred stock to trade today, the idea was to take the stock as soon as it reached the support level created in the pre-market all the way to the support level I identified at $111.2 After my entry I saw that I can aggressively add volume if the stock breaks $113 because a small level has formed there (see the red line) and in addition, CRWD is very weak today.
Entry - $113.99
Add - $113.11
Stop - $115.4
Take profit - $111.21
My best trade this month, first of all, was because of the management of the trade and the way I thought during the trade together with the risk management and the timing of my exit point, and of course because of the money I was able to take from this trade.
HOT : DAY TRADE VIEWHOLO is known as a coin that stays for a long term into a stable trend, and when it's time to increase, it can do above 500% as we have seen at 12-03 in just 15-20 days with an 800% increase last.
It means not that this should happen at this level again. as 2021 is a different time than now.
we are in a time where taking a profit become more important than before.
HOLO seems interesting for day trading, and we can see if it will hit new targets with time.
USDJPY ON THE RISE AS ITS ATTEMPT TO LIGHTEN CURRENCY FAILEDPair: USDJPY
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, fakeout?
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Key Takeaway: Seen a break of trend line last week but you have to remember this was only due to JPY's attempt in aiding the currency, the bearish spike did not last long and is already back on the rise. Looking for breaks of high volume and resistance before we enter
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Level needed: need a close by —
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Trade: LONG
RISK:REWARD —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
HOTUSDTHello my dear friends
According to the shadow of the candles, higher ranges have been consumed.
On the condition of maintaining the range of the specified flag limit ($0.00258), we can expect the formation of an increasing trend up to the specified range.
We would be happy to hear your comments.
FIL - Storage Coins Leading The Day!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
For those who know me well, know that I have been a big fan of Storage coins like FIL, STORJ, AR and many more...
After the big increase in FIL this week, Storage coins are getting the attention of many investors.
Coins related to Metaverse, Defi and many categories had their time. Will storage coins be the next movers?
Let's get back to our price action analysis ;)
on H4: Right Chart
the bulls took over after rejecting the 5.0 round number and breaking above the gray range.
now what?
on DAILY: Left Chart
FIL is trading inside our red channel, so yes we are still bearish from a long-term perspective.
For the bulls to take over from a longterm perspective, we need a break above the last major low and 20.0 round number.
but first we want a break above the upper red trendline to invalidate it and then be able to test the 20.0
Meanwhile, the bears can still kick in to form a new major swing high around the upper trendline.
in this case, the new swing high will be considered our trigger swing, and the bulls need to break above it for them to take over from a long-term perspective.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USD/CAD Market Analysis for the week of 7/17/2022 - 7/22/2022Market Analysis based on 4H Timeframe.
Coming into this week I plan on looking for Buy trades, as I believe the market will shoot to the upside at or near one of the reversal points I have placed on the chart. ( Gold Lines) If the pair does happen to fall into the neutral area, (White Triangle), then I will be waiting for either a break back upward into the Reversal Area, ( Gold Triangle), or a break and retest of the Fall Out Area (Red Rectangle ).
If BUY is true - I'm expecting the area of the previous high to play as a TP Zone (Represented by the Upper Green Rectangle )
If SELL is true - I'm expecting price to fall about 100 pips toward our TP Zone (Represented by the Lower Green Rectangle )
All mark ups have been found using certain, back tested, tools and indicators that are a part of my overall strategy.
THESE ARE MY IDEAS ONLY AND IN NO WAY A TRADE SUGGESTION!!
Just something to keep in mind.
HAPPY TRADING
TIME FOR HOT BREAKOUT? Signal shows possiblityIf we check Hot, then there is a possibility that it can get a new breakout.
This all-around the Techincal analysis
There is no guarantee in any market that a breakout will happen - make only study depending on your choice.
This is not a long-term expectation, but more take profit trade.