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LTCUSDT Pitchfork| Weekly S/R| Price Action| Trend| Trade Evening Traders, Today’s analysis – LTCUSDT – trading is a respected pitvhfork where a pull back into daily or weekly support is likely, allowing for a bullish bias, Points to consider, - Price Action Impulsive - Weekly S/R Support - Pitchfork Internal Resistance - Low Volume - Trend LTCUSDT’s immediate price action is impulsive; a pull back into support area will greatly increase the probability of a trend continuation. The current volume is below average, an influx is highly imminent when testing a key trade location. Breaking the upside weekly S/R will increase the probability of a trend continuation. Overall, in my opinion, LTCUSDT is a valid long with defined risk; price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone
Long
by The_Alchemist_Trader_
1
SOLUSD Pullback Correction?| Price Action| Trend| Trade Evening Traders, Today’s analysis – SOLUSD – trading in a rising channel where a breakout will be imminent, Points to consider, - Price Action Impulsive - Daily S/R Resistance - .618 Fibonacci Objective - Low Volume SOLUSD’s immediate price action is impulsive and is trading in a rising channel that is deemed to break, breaking downside to support levels allows for a bullish bias. The current Daily S/R is resistance, breaking the level will invalidate to idea, leading onto a more bullish scenario. The current volume profile is below average, an influx is highly imminent when testing a key trade location. Overall, in my opinion, SOLUSD is a valid long at support levels with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “In order to succeed, you first have to be willing to experience failure.” ― Yvan Byeajee,
FTX:SOLUSDLong
by The_Alchemist_Trader_
1
Trading Ideas for 10/11/2021Hi there there are some ideas that I have. ---Disclaimer--- I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched and confirmed. Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
by Hudondonch
XRPUSD❗ Resistance 1.30💲Take advantage of the rise in XRP / USD quotes, a test of the support line will be performed on the relative strength index (RSI). The second signal in favor of the growth of quotes is the activation of a rebound from the upper border of the bearish channel. Cancellation of the option to raise the cryptocurrency will fall and the closing of quotations below the level of 0.9605. This will indicate a breakdown of the support area and a continued fall in XRP / USD to the area below the level of 0.8005. Confirmation of the rise in the rate of the digital standard of the language support of the resistance and the closing of prices above the level of 1.3505. Follow our forecasts to keep abreast of developments! Have a nice trade! Your Solldy.
BITSTAMP:XRPUSDLong
by Solldy
2
BTCUSDT Local Parabola| Price Action| Trend| Trade Evening Traders, Today’s analysis – BTCUSDT – trading in a local parabola that is bound to break bearish, Points to consider, - Price Action Impulsive - Local Range Support - Local Parabola intact - Volume Influxes BTCUSDT’s immediate price action is trading in a rising parabolic fashion that will allow for a bullish bias once broken. The local range high is support, breaking back within increases the probability of the range low being tested. The volume influxes is indicative of squeeze, bear volume influxes will be imminent once the parabola is broken. Overall, in my opinion, BTCUSDT is a valid short with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps, Thank you for following my work And remember, The market can stay irrational longer than you can stay solvent. - John Maynard Keynes
Short
by The_Alchemist_Trader_
2
DOTUSDT Price Action| Rising Channel| Trend| Volume Evening Traders, Today’s analysis – DOTUSDT – trading in a clear uptrend with consecutive higher lows, Points to consider, - Price Action Impulsive - Consecutive Higher Lows - Price Action Range - Declining Volume DOTUSDT’s immediate price action is trading in a higher low structure potentially putting in a higher low, allowing for a bullish bias. The price action is also trading in a potential range, where an accumulation period will lead to a potential bullish breakout. The volume profile is below average, an influx is highly imminent when testing a key trade location. Overall, in my opinion, DOTUSDT is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, “The mind is a fascinating instrument that can make or break you.” ― yvan Byeajee
Long
by The_Alchemist_Trader_