BTC/USDT : Bears are waking up, what will happen now ? BINANCE:BTCUSDT
Hello everyone😃
BTC broke support line at 15950$ but its still bullish and staying into bullish flag !
Also indicators are being Bullish :
We have bullish crossover on Stochastic RSI
MACD is being Bullish and EMA 100 is controlling movement as support...
Also market positions are being bullish.
But It could be a good entry to do short If BTC failed to break next resistance !
Also you can wait for indicators to confirm Bearish phase.
🔴 Don't open any short IF BTC break resistance, Its possible for it ! Cause we touched Bollinger Bands lower and now we have to retest upper.
By the way, BTC is Trending into bullish flag channel, So watch signs...
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
Howtotrade
ADA/USDT : How to trade with resistance lines ?! BINANCE:ADAUSDT
Hello Everyone😃
ADA is holding above support zone and it seems ADA pulled back from it, But its not confirmed yet.
IF ADA breaks resistance and take hold above, its safe to open long but if ADA rejects resistance and get back to support zone, Then it will cause another dump.
By the way indicators are being Bullish and it means we have more chance to take long on this coin.
🔴Next hours are critical for ADA so don't miss next candles to do take best entry !
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
LINK/USDT : moving into ascending channel, what's next ? BINANCE:LINKUSDT
Hello everyone😃
Here we have Bearish crossover on MACD and Bearish crossover on Stochastic RSI.
LINK is moving into ascending channel ant it touched channel one more time !
Now it will be possible to touch channel's bottom...
📌 It means our next target on 12H timeframe will be 11$
But on 2H timeframes :
Stochastic RSI is being Bullish, Also LINK touched EMA 100.
There is possible bounce to resistance zone, Then target will be 11.5$...
🔴 ALTS dominance is at important level, BTC movement can lead other coins, Don't take any position without stop-loss.
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
BTC/USDT : possible movements and how to trade now ?! BINANCE:BTCUSDT
Hello everyone😃
BTC had a pullback on EMA 100 and Bullish movement is started on Stochastic RSI and MACD.
As indicators are reaching over bought zone we will see more bearish volumes and it will make it easier for BTC to reach demand zone.
On first vision, next target will be Demand zone.
After reaching demand zone, If BTC continues downward movement and break demand zone support it will retest 14K.
If BTC pulled back from zone and bounce from it, then our target will be 15100$ resistance zone.
🔴 Next target is 14300$ demand zone after it we will have 2 scenarios for BTC.
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
ADA/USDT : How to trade in ALTS now ? BINANCE:ADAUSDT
Hello everyone😃
ADA is trending into ascending channel now, We have bearish crossover on Stochastic and some reversing on market positions.
As we are above last resistance line, ADA can test 0.1$ again.
Fake breakout is expected, but major is some correction and we can take long position at Entry zone, Also we would have some stop hunts there !
🔴This all happens when BTC remain Bullish and BTC.D make some corrections !
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
BTC/USDT : Stochastic at absolute100 ! how to trade now ? BINANCE:BTCUSDT
Hello everyone😃
We are out of technical now ! there is no sign weakness on BTC based on people's thinking...
Now most of indicators are in over bought zone, so we need a little correction here OR it could range here !
As I said on last analyzes, we don't have any technical logic for this movements, But we will try our best to interduce best signals for you dears...
IF BTC continued bullish movement, next target will be 16200$ but on technical vision, It should crash actually :)
So don't Trade with high leverage, Be safe !
📌 14900$ is a good Entry if BTC pulled back into bullish phase again, If BTC rejected 14900$ then we can wait for a retest for lower supports at near 13500$.
🔴 Don't forget that this movements are based on people's thinking, not technical rationale.
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
ETH/USDT : how to trade in volatile market now ?!BINANCE:ETHUSDT
Hello everyone😃
Helical indicator had a bullish crossover on ETH/USDT at 380$..
Now on hourly timeframe, It seems ETH is following BTC but because of low dominance it cant have the right correlation.
By the way Stochastic is at 100 limit, So it have to cool down a bit ( price can being range in meanwhile ).
Also ETH was into a bullish flag and it had bullish break above it.
There is 2 buying option, waiting for a breakout on 420$ and take long position or waiting for 400$ retest to enter.
On both side target is 430-440 zone.
🔴 This are not based on technical analyzes, This are based on people's thinking.
most of indicators are at 100 limit or in overbought zone on higher timeframes !!
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
BTC/USDT : breakout from daily ascending channel, What now ? BINANCE:BTCUSDT
Hello everyone😃
As I mentioned on my last analyze for BTC ( If any candle closed above 13850, will cause a bounce on BTC ) we had a bounce above 14K.
On my vision, its risky to do scalping now !
By the way on our technical view : We have another bullish crossover on Stochastic RSI at level 90, and now Bollinger Bands made more space for BTC to bounce again.
On other side we have divergence since 21th October.
These are most important Technical information that we have.
Now what is the BTC's Plan ?
- If current candle closed above channel it will cause another bounces till next resistance & order walls ( we have strong sell order wall on 14400 - 14700 zone ).
- If BTC reject to break and get back into channel, It will lead BTC to bottom of channel...
Also all of this pumps are for short-term, After USA presidential election. We might have some demonstration or worse like riot !!!
🔴 DO NOT TAKE ANY LEVERAGED POSITION NOW.
Buy option for BTC ( if candle closes above channel ) :
Entry : 14050 - 14100 $
Targets : 14400$ - 14700$ - 14900$
SL : 13650$ ( 3.5% )
DOT/USDT : going to test dip again! BINANCE:DOTUSDT
Hello everyone😃
DOT broke support and take hold hold below it. Also EMA 100 and 200 are controlling movement as resistance now !
WE have bearish crossover on Stochastic RSI and MACD.
On our vision, DOT could range at current level and a retest at resistance, Then it will fall again.
Or it can fall on next hours if bearish crossover on MACD confirmed !
EMA 100 rejected highs so many time, It seems DOT can't grow more than 4.1$, its a good zone for short entry.
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
YFII/USDT : breaking last support zone now...BINANCE:YFIIUSDT
Hello everyone😃
YFII is trending into last support zone, We expect a retest on resistance line cause of convergence.
There's a bearish crossover on MACD and bearish Stochastic RSI, which are confirming bearish phase.
Best way to take short is : Wait for a retest on resistance line or near it, then open short with tight stop-loss..
Taking position on DEFI coins are risky now !
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
BTC/USDT : possible movements and daily resistance BINANCE:BTCUSDT
Hello everyone😃
Bullish side📈
- RSI had a pullback from limit 30
- Bullish crossover on Stochastic RSI
Bearish side📉
- MACD is bearish, Also had a bearish crossover on higher time frames !
- Helical indicator is being bearish
- Market positions are more neutral but slightly bearish
- Break support line recently
- Bearish FIBBO retracement on 4H time frame
- Bearish Crossing on EMAs
- Bearish engulfing
BTC looks bearish but it need a structure correction on lower timeframes..
Also it just touched resistance level on Daily timeframe into ascending channel !!
Daily chart :
MACD and Stochastic are being bearish on Daily time frame and it could lead the market 12K channel !
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
YFI/USDT : Next candles are very critical, Possible movements !!BINANCE:YFIUSDT
Hello everyone😃
Bullish side📈
- Multiple touches on BBs lower
- Convergence on daily time frame ( 1Day )
- Bullish crossover on MACD
- Bullish crossover on Stochastic RSI
- Bullish break on wedge
- Helical indicator is being Bullish
- Bullish crossover on Market positions
- EMAs are very far from trend, need to retest some of them
- Below ICHIMOKU cloud ( it cause a movement until price touches cloud ! )
Bearish side📉
- NOTHING :)
Everything is confirming Bullish cense for YFI ! BUT its better to wait for a hold above resistance line, If it works you can long YFI till next resistance line or more !
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
COMP/USDT : how to take position now ?! BINANCE:COMPUSDT
Hello everyone😃
Bullish side📈
- Pullback from support zone
- Going to touch FIBBOs retracement level5
- Bullish MACD
- Bullish market positions
- Convergence ( 4Hours - 1Day )
Bearish side📉
- EMA 50 is near and price is below it... ( 4Hours )
- Stochastic is touching 100 limit, need to cool down !
- Bearish FIBBO retracement
COMP had convergence on 4H & 1D chart, It should test 100$ or more !
Also most of indicators are bullish, so we predict on them.
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
XLM/BTC : All time low is nearBINANCE:XLMBTC
Hello everyone😃
Bullish side📈
- RSI is near oversold zone
- Stochastic RSI is being 0 again !
Bearish side📉
- Bearish MACD
- EMA 20 is resistance
- Very Bearish chart
This is the last support zone for XLM on BTC pair, IF any candle closes below 555 Satoshi then it will dump very hard !
Also there is view on weekly chart which confirms bears.. :
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
EOS/USDT : resistance nearly, best entry ?BINANCE:EOSUSDT
Hello everyone😃
Bullish side📈
- Bullish crossover on Stochastic RSI
- DOJI recently
- Double touch on BBs lower
Bearish side📉
- MACD is bearish
- Helical indicator is bearish
- Bearish FIBBO retracement
- Market positions are bearish
Expecting a retest on resistance zone, Also MACD is being bullish so If EOS failed to break resistance then we can take short position on EOS !
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
ADA/USDT : Bearish FIBBO, how to trade now ? BINANCE:ADAUSDT
Hello everyone😃
Bullish side📈
- Bullish crossover on MACD
- Bullish crossover on Stochastic RSI
- Bullish crossover on Helical indicator
Bearish side📉
- Bearish crossover on MACD ( 3days )
- Bearish crossover on Stochastic RSI ( 3days )
- Market positions are sharp bearish ( 3days )
- Bearish FIBBO retracement ( 4H - 3days )
- double top ( 1day )
- Helical indicator is very bearish ( 1day - 3days )
IT seems ADA will bounce one more time before heavy crash for DEFIs, Also its bullish on technical view for next hours !
But major is bearish, So it could best opportunity to open short If ADA follows FIBBO retracement, Also If BTC continue its growth ALTS will follow it slightly but their dominance are decreasing,
Its not a good idea to take long-term position on ALTS now !
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
TIPS ON DRAWING TRENDLINESThere are always a few rules of thumb to keep in mind when drawing trend lines.
1. First and foremost, a trendline is exactly that, meaning it is a line used to identify a trend. A line that touches many points but doesn’t give you a good indicator of where the price is going isn’t useful.
2. Keep it simple, but not too simple. As tempting as it may seem, we really don’t need to draw four or five lines to get our point across. However, one trend line by itself is too simple, and only semi-useful. In most cases you will be able to find at least three or more different trend lines in the short, medium, and long-term. In the case I have too many lines drawn, I generally pick 2 or 3 that I feel are crucial and delete the rest. One trend line is acceptable in cases where you feel like the evidence lies in other indicators. These indicators can be relatively simple, such as moving averages or RSI, or semi-complex such as Fibonacci lines or MACD. Whatever the case, the idea is to make your chart helpful and useful (while also being clear and concise.)
3. A trend line should generally touch three or more points on the chart . Two is acceptable when there is a clear trend but sometimes the lows/highs get close to the line but don’t necessarily touch it. If you look for trend lines in the RSI too, it will most often be the case that there is a trend the trend lines can only connect two points without cutting through another line on the chart. As long as you get the point across, people will generally cut you some slack.
4. It is (sometimes) ok to have your drawn lines cut through the price movements. For example, I did this on the S&P chart to signify that the trend line that was previously a support line has become a resistance line whenever the S&P crosses it. After crossing it again, it has become a resistance line. This is helpful for multiple reasons. To consider a breakout from a trend line a true breakout, it needs to retest the line at least once. This goes for a broken support line and resistance line. This makes sense because last weeks highs often become this week’s support. Also, it helps to establish the long term nature of a trend line if the price has on multiple occasions touched the line, and on one or two occasions it has crossed it and retested it.
Sometimes I will intentionally draw trend lines through candles if it looks like a break out. On the chart, the signs of a breakout are very quick, steep price movements and large jumps in volume following a volume contraction. If the stock crosses the line over and over again within a short time period, chances are it doesn’t make a good trend line.
5. Connect the trend line to as many points as possible. There is no reason to stop drawing a line once it touches 3 points. If it can clearly connect more points than 3 go ahead. The longer the line the better, because it is more credible as a long term trend.
6. Connect the highs with the highs and the lows with the lows. This Is how you form clear trends. However, as I mentioned previously, you might want to connect last week’s highs with this week’s lows.
Feedback is appreciated.
$GBPUSD Flagging and Ready for HigherNice flag pattern on $GBPUSD, this would go along with the narrative of short-term dollar weakness. Some nice wicks to fill as we look left, and the momentum is up so we know that wicks fill when markets are in momentum. Could place a stop right below that flag pattern if your a longer term swing trader with forex like me, or look to smaller time frames for scalps.
Thanks for the support! If you have any questions, feel free to comment below! I will get back you all. Good luck!
EUR/JPY Heading for a new high. Buy setup!!!Hello Guys, This is a quick break down of the pair and my perspective on the market, let me know in the comment section below if you have any questions, what you would like to learn from me, or anything of value that you wanna share,All entry will be based on multiple confirmation as stated on the videos, I suggest you keep this pair on your watchlist & use proper risk management.
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How to trade Gold this week.Hello, I am back after weekend with another Technical analysis, this time looking at Gold chart.
Gold is pushing to seek a new high, Gold has been very bullish lately and it has created a nice looking trading range that I am going to explain to you, how take take advantage of this range.
If you are looking to trade Gold, look for long position, as Gold is bullish and it would not be wise to against the trend.
How to trade current XAUUSD chart?
Simple, either buy the breakout or buy the bottom of this trading range 1793 - 1796.5 entry.
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