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
Howtotrade
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.
Follow me for more updates here!!
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.
Make sure to follow me in order to not miss out on my future setups.
If you found this setup useful, please don't forget to leave a like!
I post every working day. 🙌
🏋️ 10 STEPS HOW TO DRAW TREND LINE IN 5 MINUTES [WRX — WazirX]Hello, have you familiar with 10 steps technic how to draw trend line in 5 minutes?!
— I am not 😅
But in this 7 min video I explained how to make Simple TA for any asset using TradingView basic tools to understand where it goes.
In this video:
1. How to draw trend line
2. Descending Wedge (Falling Wedge)
3. WazirX WRXBTC coin analysis, entries and targets.
Previous WRX analysis and HOW TO MAKE TA in 10 min:
Have fun, enjoy your trading
This is Artem Crypto
WHAT TOPICS WOULD YOU LIKE ME TO COVER?Hi Guys - all my followers and non followers..
I am getting back to releasing weekly episode/episodes of the ' Art of trading Psychology' in the aim of helping traders get in the 'zone' when trading. Mastering trading psychology is by far one of the hardest aspects in trading yet it is also the one that will drive you to you success as a trader if mastered.
I would truly love to cater this podcast to you guys and in order to do so, i need to understand what it is you're struggling with and what you would like to cover i.e
- finding taking profit hard?
- being consistent
- scared to take a trade or uneasy when you're in a trade?
- Losing too much?
Anything you think of, drop it in the comments below or message me!!
ZOOM $ZM - Weak Chart + Fundamental catalyst - MUST SEETicker:
$ZM ZOOM
Notes:
Zoom - possibly going to come back below a descending resistance that it broke above on Thursday. Fundamentally, Facebooks announcement of their competitive offering to $ZM is going to help this SHORT!
xeenos trading - sending positive energy to all those watching
$LYFT - possible opportunity if you missed the breakout in UBERTicker:
$LYFT
Notes:
LYFT didn't clear it's resistance level yet (that's been in play for weeks) - UBER cleared it's on Friday. If UBER is strong tomorrow, you can possibly get a nice entry in LYFT! I'll be stalking both of them - in addition to a few other things - TOMORROW!!!
xeenos trading - sending positive energy to all those watching
👨🏽🎨👩🏽🎨👨🏻🏫HOW TO MAKE TA IN 10 MIN 👨🏫👨🏻🎨🧑🎨Hello guys! In next 10 min I will teach you how to make TA!
Really simple steps to create your TA.
4 useful tools to build your TA:
-Trend Line
-Head and Shoulders
-Levels
-Fibonacci
ATTENTION: Dear followers please consider to appreciate my ideas on tradingview with your likes, this will help bring more quality content in next trading ideas. And if new to my work, and you like it, you can Follow my page to receive ideas in your Ideas Stream. Thanks 🤝😊
Stay tuned to Artem Crypto