Friends, why did I open a long position now? BTC/USDT Analysis Dear friends, why did I open a long position now?
We are near the important level 31500 - the contraction of the volume to the upper border of the triangle.
The Bollinger indicator indicates a buy.
Also, daily goals for my bot are the boundaries: 27500-28800
And the top is 33500 -34800
I may be wrong, but I expect to see the price at the top.
But do not forget that the price in such a triangle in a bear market goes down.
So far, I'm starting from what the market draws.
There is also important support at the level of 30850 - 31150.
Yes, there is one more vormation - this can be assessed as a rising wedge, which is broken down by the price.
But - I have already opened a long position, let's see how I analyzed the situation .... honestly, it is a little confusing now. Yesterday's absorption candles simply surprised everyone, including me, although there was no loss. (this pleases me - I hope today we will see a good profit)
If there are any changes in the market, I will write to you immediately in the comments on this trading idea.
Big players are gaining long positions - this can be seen from the reports of all birjs.
Therefore, I also decided to trade in this direction.
Many may disagree with me - perhaps you are right, but this is my decision, my position. (observe all aspects of profitable trading - and you will be fine)
Good mood, everyone, and profitable trades.
Long-position
EUR/AUD - Strong Bullish Upside PotentialPrice resides at long term lows - We've seen a double bottom formation @ 1.56 whole level and price has slipped into this 200 pip trading range.
We are expecting price to break out to the upside. Lets see what happens. It is well possible price dips and tests the 1.56 again, forming a triple bottom before strong bullish momentum takes over.
Any questions please feel free to DM me!
i OPEN long Position from 32400BTC/USDTBuy: 32400
Targets: 33000 - 34650 - 34950 - 35300
Stop loss: 31580 (on our previous position - at which the stop loss is at breakeven)
All traders, please, don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss.
The first long position I wrote about is under the comment
ONT/USDT expanding wedge + support zone (Long)
Hello dear friends. I know that many of you like to trade altcoins while bitcoin is in a correction or in a fall.
This coin ontology loves to follow bitcoin, but since a mega alt season is expected for all of us soon, take a closer look at the purchase, with a short stop loss.
Target ones are indicated on the chart + decreasing volume - indicates a return of the price to the lower border of the wedge. From these values - find a good point for yourself in the long.
If the wedge is broken, as well as the support zone does not resist, the price will be brought to the value of 0.375 - 0.41
Do not forget - it is not yet the alt season, but the transfer of money is taking place gradually - all the more, this coin has a large accumulation range on the Weekly TF.
I open A long position from 36200 BTC/USDTLong: 36200
Targets: 37300 - 37700 - 38150 - 38880
Stop loss 35200
All traders, please, don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss.
Dogecoin/USDT - Channel work, compression levels. DOGE/USDTThe coin has been consolidated in the channel for a long time. I perceive this consolidation as an accumulation of volumes. The accumulation has been a long time. Now there are low-range candles and squeezing at the edge of the trading range. I'm waiting for the exit and flight up.
💥All good mood, and profit .💰
Ascending triangle - breakout and upward growth! XRP/USDTHello dear friends.
In this trading idea, we will consider XRP / USDT.
An ascending triangle - which will be a continuation of the upward trend, or else - ... do not forget that after breaking through the triangle, the price can break through the support line and go down by the same percentage - only to the bottom.
Be attentive.
But since after a strong dump of the coin - many who did not believe in the coin - and sold everything that was possible, they will regret the missed opportunity to buy cheaper, sell more expensive - now it will work against them - their sestema.
Unambiguous long
Ripple - a bad coin they said, "Ripple" - sell quickly so as notHello dear friends.
I apologize for disappearing - I was banned for 1d for violating the rules of this platform - it's funny, but the fact remains.
Congratulations to everyone who, according to my previous trading idea, was buying, not selling.
Good growth, good profit and straight 100% stop of the price at the indicated level.
Sniper)))))
What's next???? - every fast growth has the function of making a correction - and ripple is no exception
Be attentive to the levels, look for any pattern for termination, revise your entry on all TFs, including the minute one - they will show you a lot.
Have a good time and profitable trades.
I also need to congratulate all those who used my Bitcoin trading idea.
2 Targets Done - LTC/USDT (congratulations)Hello dear friends,
Please accept my sincere congratulations, we have achieved the second goal.
(Look, as always - perfect, work out my support and resistance levels)
Yes, yes, thank you )))))
About the position -
I don't move the stop loss, but also leave it at our entry point, 125ltc / usdt, since the price is already high. (But I still put a trigger stop loss) You need to take care of your eggs, in all baskets)))))
LTC/USDT - Level breakout + ascending triangleHello dear friends.
We are now considering Litecoin.
I look forward to the breakout of the triangle and the trail, behind the head of cryptocurrencies, hikes to such values that I have indicated for you on the chart.
If we look at the older TF, then we can see how the LTC FORMS 2 BOTTOMS, and an inverted W-pattern. And I intend to update the nearest top - $ 350.
For those who do not want to invent anything, I have shown you two strong levels.
If the price is fixed or below it, then you already know to what goals to lower / raise the price.
at 2-4H TF - know which position to choose.
Observe your risk and money management - set stop loss for strong levels and get profit.
Have a great time and profitable trades.
New position> btc/usdt Breakdown of the levelI close my short positions, and I will open new ones - where exactly, I think you already understood))))
First position = 790 points/$
2nd position - loss 230 points/$
We also had a symmetric triangle that was broken upwards.
Plus, double bottom and reversal formations.
I will wait for how this level will react, and if it is broken, I will open a long position in order to update the following goals:
24290-24470-24920-25230
Stop loss at the price level - 23700.
Opportunities of our life time, buy Silver/Gold/BITCOINBUY Silver, Gold, Bitcoin (accumulate) and Oil, DON'T MISS your chance to get rich and that is ofcourse LONG TERM POSITIONS!
Related ideas.
Gold:
Bitcoin:
Oil:
PS. People who agree with me, please support me and that is a financial advise for long term holders! GOOD LUCK and lets get all rich together!