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Impulsewave

SXP $89LONG-TERM TARGET! $20 SHORT-TERMIn the chart above we can see that sxp is currently testing support of its ascending trendline while also in an ascending triangle. Also worth noting, currently nearing the end of its wave II correction a breakout to the upside will give us a target of at least $19 to complete the wave III. After which a correction should see us find support either at Prev Ath at listing (RED LINE), or recent ath which coincides with top of the ascending triangle (black trend resistance) to complete the wave IV correction Once wave IV is done, potential price target is $89! Pls note: RED bottom trend support is a potential target for a wick in the case BTC sees a sell of, backed by volume as well. I am a firm believer of this project and do think it will pull similar price actions to that of BNB. Furtheremore the fundamentals of this coin is very solid and has widespread adoption itself already Below is a realated idea explaining the ACBDE wave structure.
Long
by RektMyMom
Slight modification to the LTC chartKRAKEN:LTCUSD One of these two will play out. Just need an entry now😥 Consider a Donation: BTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 159F3K5sZYnAQC4qt929jkkXKfSgNmukbq ( BTC ) ETH: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20) LTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) LdH9QfYsPYcjm5hAXfDQrS9Pmmr9QHu8Py (LTC) USDT: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20) TH6nuZUjRakTV7bA25Uk8AVZe5pLSSxMix (TRC20) bnb136ns6lfw4zs5hg4n85vdthaad7hq5m4gtkgf23 (BEP2) -> MEMO: 106029441 I honestly appreciate all donations. Im really down bad. My first year and lost 90% of my capital. starting balance was $1000. learnt about leverage a month ago and got greedy with it. was going to use litecoin to make it all back but price didnt meet my entry now im stranded. The learning process has been gruesome but I've learnt the hard way. just need to figure out how to tell my mom i lost all her money. Panicking, dont normally do stuff like this but i dont know anyone so i resort to this. THANK YOU IN ADVANCE. Worth a shot.😥
KRAKEN:LTCUSDLong
by RektMyMom
1
ALICE GUNNING FOR ANOTHER RUNAlice is about to make another move to the up side. The Horizontal support you see below the long tool shows how further down price could drop before making a move to the upside, given we do not pump here. Consider a Donation: BTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 159F3K5sZYnAQC4qt929jkkXKfSgNmukbq ( BTC ) ETH: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20) LTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) LdH9QfYsPYcjm5hAXfDQrS9Pmmr9QHu8Py (LTC) USDT: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20) TH6nuZUjRakTV7bA25Uk8AVZe5pLSSxMix (TRC20) bnb136ns6lfw4zs5hg4n85vdthaad7hq5m4gtkgf23 (BEP2) -> MEMO: 106029441 I honestly appreciate all donations. Im really down bad. My first year and lost 90% of my capital. starting balance was $1000. learnt about leverage a month ago and got greedy with it. was going to use litecoin to make it all back but price didnt meet my entry now im stranded. The learning process has been gruesome but I've learnt the hard way. just need to figure out how to tell my mom i lost all her money. Panicking, dont normally do stuff like this but i dont know anyone so i resort to this. THANK YOU IN ADVANCE. Worth a shot.😥
Long
by RektMyMom
4
DENT MASSIVE GAINS AHEAD!DENT is about to make its move for the 5th wave. Still room for more downside/fakeout but this is going to rip once it does breakout. Last resort trade. if this fails, check out the ALICE trade in the link. Consider a Donation: BTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 159F3K5sZYnAQC4qt929jkkXKfSgNmukbq ( BTC ) ETH: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20) LTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) LdH9QfYsPYcjm5hAXfDQrS9Pmmr9QHu8Py (LTC) USDT: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20) 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20) TH6nuZUjRakTV7bA25Uk8AVZe5pLSSxMix (TRC20) bnb136ns6lfw4zs5hg4n85vdthaad7hq5m4gtkgf23 (BEP2) -> MEMO: 106029441 I honestly appreciate all donations. Im really down bad. My first year and lost 90% of my capital. starting balance was $1000. learnt about leverage a month ago and got greedy with it. was going to use litecoin to make it all back but price didnt meet my entry now im stranded. The learning process has been gruesome but I've learnt the hard way. just need to figure out how to tell my mom i lost all her money. Panicking, dont normally do stuff like this but i dont know anyone so i resort to this. THANK YOU IN ADVANCE. Worth a shot.😥
Long
by RektMyMom
🚀🚀🚀LITECOIN 🚀🚀🚀🚀 My Litecoin technical analysis I go over a bullish bat formation stop levels, take profit levels Entry levels risk to reward profile also go over trend continuation trades. entry, stops, and target on them too What a three-point move is. What an Impulse leg is lots of information in short time. watch it couple 20 times This is the rules I use Video is ok imo I hope to do better in the future me learning share if you found value Thanks GL on your trades Remember A good trade setup can be a losing trade
COINBASE:LTCUSDLong
by JoeyMullins
3
EURAUD Analysis - Temporary move down and trend continuationWelcome back! Here's an analysis of this pair! COMMENT BELOW and let us know your thoughts or questions! ** We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
by BKTradingAcademy
2
Anatomy of a Day Trade: Entrances and ExitsO FGS! Dammit! They gapped it up overnight, what should I do?!? Well what gap is this? Three weeks ago we had Initiation Gap: These often do not fill, don't short them! It's suicide, lol! This has hallmarks of an Exhaustion Gap; it will fill intra-day or within a few sessions at most... a great short opportunity! See my related post on gaps FYI. But, when should you enter?! If you foolishly short it at the open be prepared to wait for hours and watch your position dwindle... ow!! Should you buy calls at the open?! Maybe it will run higher?! Of course it CAN, but it can also run lower and gapfill quickly, within minutes. A long position taken first thing is high risk... as are early shorts! So, when can you enter a position with reasonable expectation of profit?! In fact, ANY position taken in the first 20 minutes of the trading day is very high risk, I do not like to open new positions right away! So, you Watch and Wait! Looking for opportunity... in the first hour price ran higher and calls had been profitable, but we didn't take a position with no signal, we like good Risk/Reward positions with clear signals, not gambling on the opening price. After what seems like an eternity, price begins to consolidate and gives us several warning signals, first a pinbar appears, with a needle doji and tall wick followed by a red candle, a bearish signal; two spinning tops follow, but price clings to the opening price support line tenaciously as the bulls struggle to push higher... finally the price breaks below the support from the opening gap. This was the price support that market enjoyed from the open, as buy order imbalance filled, RSI weakens and money flow decreases until... price breaks under the opening price, signaling downtrend moving towards the gap. Notice how RSI moves from overbought, signaling weakness? This is a short entry high R/R position. You can buy daily puts here with confidence they will increase in value rapidly and immediately. You do not want to get stuck holding these dreadful instruments more than half an hour, you can see the value drain out as expiration nears! Well we see the gap filled, not completely to yesterday's closing price, but it sold down to former resistance at the high prices from last session. This often is all you get on a fill, it won't always close precisely! Sometimes price will dip below the gap and go negative for a few minutes. When the gap fills, you close position, we can't afford to gamble on whether it's gonna get lower or not... Suddenly an impulsive bright green candle appears! Gosh I hope you sold those puts! Notice how RSI has moved nearly to oversold? It's gonna bounce!! NOW is the time we make the best money. This was the candle we saw on 7 October, pullback ran to 13 October; another one appeared on Fed day at 2PM, pullback was just minutes then it bulled up and up... these are the money makers! Learn to recognize this chart pattern and you WILL make money on option trades. You can take a moderate sized position here, I like to trade lots of ten, when I see this candle I'm gonna start with 20-40 calls depending on cost, and add more as price moves in favor. I do not like to add when price moves away! USUALLY Dollar-Cost Averaging in options just leads to magnified losses!! The more you take the greater the loss you might experience, remember when you enter an option trade you assume the total risk for premium paid, a sudden price change can wipe out your position before you can even set up the closing trade. So risk what you are willing to lose, and no more. After the first impulsive move, a retracement nearly always pulls price back to ~2/3 of the impulse height. Here you draw the fib extension to get your target price projection; Fib Extension tool has three buttons, first at bottom of green candle, second at top, and third at bottom of the retracement. Chart your fibo and target the 1.618 extension, this is where your calls will take you! They might take you farther, but that involves more hand-wringing, nail-biting and screen cursing while you wait and watch the time value run down! Do not hold these any longer than necessary! So there were TWO good R/R day trades in Friday's session on 11/5. A short, and the subsequent long. You could have taken other positions, but R/R would be poor, most 'trades' without signals are just gambling. Be a trader not a gambler! Most of the time you want to stay OUT of the market! Look, today's trades involved about two half-hours out of a 6.5 hour session! The rest was just noise and risk. Notably, in 'Power Hour' at EOD, there was not enough bullish energy to lift price back to HOTD... this is Bearish, in a long bull run Fridays typically close at HOTD and short-covering rallies into close are typical, we didn't get that today and daily calls ran down to expiration worthlessly. You might consider taking a longer-term short in weekly or monthly contracts, to catch a move MOnday if the price weakness persists and a gap down follows the exhaustion gap up... if you dare. Remember Buffet's rules of trading: 1) Never Lose Money. 2) Never break Rule 1. Hopefully this post will be of some value of increasing clarity in trading. When you're in the market watching the numbers flicker it is so easy to get lost and miss the forest for the trees... Get ready for some amazing trades as this parabola rolls over and the cascade ensues... always exciting!!
TVC:SPXEducation
by DaddySawbucks
7