BCH BEAUTIFUL TREND! SO SEXY.Sometimes you just have to stop everything you're doing and admire a nice trendline. These market makers are having fun.
When will the trend break? Let me know in the comments below.
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Lunavicci
Don't Talk To Me About... LUCID UNTIL..I only want to hear about LCID once it breaks this trenline... this company keeps getting MILKED and anyone who invested ever after IPO is under water... what a shame. Once this trendline break then I will consider a long and yes 100% with a stop-loss.
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WOW OH WOW. Minus $1 to target please!!INTC is failed the most recent high, it broke its uptrend and sold off right below the point of control (yellow line). I would expect a sell-off to continue to the .382 (white line which is also the next area with the most amount of volume traded.
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SCARED?!?! SPY LOOKS VERY BEARIS HERE!SPY has reached the range highs and has shown signs of weakness not being able to breakthrough the highs. It has been rejected and is now at a vital dynamic support. If this break (which i think it will), a move to the golden pocket (orange lines) could follow.
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FTM Major Breakout or Rejection Incoming?!?Lets take a look at this beautiful confluence on FTM. A confluence this clean from major pivot highs do not come around often and what I can say is that the smart thing to do at these levels would be to enter a short position with stop above the wick high.
Some people might trade this as a potential breakout, with a stop loss 1% to 2% below entry while managing your position size isn't a terrible idea but the most probable outcome is for price to reject a little from here.
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EOS WILL BLOW FACES OF AGAIN ONE DAY. BE READY!EOS is currently in a consolidation zone and it looks to me to be coming to the end of a massive triangle. Let's see what happens this week, I think a nice pump incoming.
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MAJOR RESISTANCE TREND LINE NEEDS TO BREAK!!Keep it simple.
Once trend line is broken and retested, time to long.
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ARBITRUM MAJOR BREAKOUT INCOMING!!
Lets take a moment to look at this beautiful chart and see the opportunity that lies in front of us. I can see a major breakout incoming with this project. People need to realize that this has one of the most active networks in the entire crypto ecosystem. #2 to be exact behind ETH. Once this project start to pump, it will really pump.
Personally I will be DCA-ing this project leading up to the next bull run. If all goes as planned, I will be a happy camper.
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BTC KEY LOCAL AREAS MAPPED!Bitcoin is currently trading below a local SFP level and is looking to cool off a little bit over the weekend, possible coming back down to the golden pocket mapped out below (Orange Double Lines). If it does reach that zone, I would expect price to keep climbing in the short term, but anything can happen.
Lets see how this all plays out.
This is a great area to long BITCOIN using the right risk management.
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ALGO SETTING UP TO PUMP?!?!Algo looks bullish. Looking at the chart we can see a few ways how the algo price action might play out. If this breaks out to he upside, I mapped out where I think price will go and where to exit or take profit. (Golden Pocket (Orange Line))
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DXY Bearish while Bitcion BullishHello Crypto Traders!!
Lets take a look at these two charts side by side. You'll notice that when the DXY decides to PUMP, Bitcoin decides to DUMP and when the DXY decides to DUMP, Bitcoin decides to PUMP.
A massive long term strong bullish trend has finally been broken for the DXY and if it cannot find its way above the trendline, it will continue to DUMP which should make Bitcoin PUMP.
This is a great area to long BITCOIN using the right risk management.
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BITCOIN BULLISH short term!!!Bitcoin has broken through a massive downtrend and is now retesting the diagonal or dynamic resistance. If bitcoin manages to hold these levels, I would exspect prices to move higher at tap the 28k level.
This is a great area to enter a long while managing your risk for a 2% max loss on trade if your stop-loss hits.
You can also see that on the 6hr TF is is well oversold which is more bullish than bearish in the medium term.
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AMD DOUBLE RESISTANCE! PERFECT?AMD had a nice pump this week and not it's in a little bit of trouble. There is a confluence stopping it's bullish price action. Two major resistance levels merge and AMD looks like it will need to retrace back to the support below before another attempt at moving higher.
If price stays where is it by Monday open, I will enter a short position with my stop above the current local high.
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AAPL Targets Lower, Be SmartWe are at an interesting zone when it comes to AAPL. It's holding strong above the most relevant pivot low as you'll see in the chart. There is a chance that it can go up fro here so if you would like to long, I would place a stoploss elow the recent wick low. I would also manage my position size so the its a 1% risk on the trade it your stop was to hit.
In the end, when zooming out, I think AAPL will retrace back to the bottom of the channel before pumping higher. There are a few key levels on the way dwn where we can expect a reaction and other trade set ups to play out.
I'm currently long, anticipating a small bounce at these levels, with a 1% stop under the current wick low. Lets see how it all plays out.
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MSFT Targets Bottom Of ChannelMSFT has been rejected from the top of the ascending channel and is looking to continue it's sell off to the golden pocket shown in the chart or the bottom of the channel.
not shown on this chart but if you zoom into the 1hr TF or 4hr TF, you'll notice that it did perform a Swing failure pattern and it could move up from these levels but in the upcoming weeks i expect price to continue falling and have a nice reaction at the golden pocket or bottom of the channel.
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NVDA Bullish Pump Incoming?!NVDA had a huge sell off over the past few weeks and looks like the bulls are ready to take over for a 3% pump to the next resistance. If we manage to blast though the Golden Pocket 3% away, my next target will be 11% away at the next Golden Pocket.
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QQQ Trade IdeasThe QQQ along with the S&P500 and ES1, are all sitting at support right now. The most probable outcome is that price SHOULD go higher. If it does move higher from these lows, a stop-loss below the most recent wick low would make the most sense with 1% risk
if we were to lose this level, i have a few other key levels below that i'm interested in trading based on the price action at those levels.
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Use risk management so you don't lose more than 1% of your account per trade.
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TRX 8% Drop Likely!When taking a look at the legendary TRX, we can see that it is showing signs of weakness after failing to trade above the recent high 3 times in a rom. If price continues down, I would expect a 8% drop to the golden pocket which lines up with the horizontal support .
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MANA Looks GOOD ?!!?When taking a look at Decentraland "MANA", it is currently holding a key support level and when price is at support, the most probably outcome is for price action to become bullish and try to go for the next big resistance zone arounf $0.38 then $0.45.
if the momentum continues, 100% gain from these levels are probable. This means price needs to reach $0.60
Let me know in the comments below where you think #MANA will go.
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Bitcoin Looks like it wants to pump higher!Bitcoin has sold off and is now trading at the bottom of an ascending parallel channel. This is also the area right above a key S/R zone. The most likely probability is that the market will move higher from here before selling off and breaking below the channel. I would feel more safe entering a long at these levels instead of a short. If you do long, manage your position size and use a stop-loss.
Let me know in the comments below where you think #Bitcoin will go.
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AMDAMD is currently trading right above the golden pocket and trendline. This confluence is very bullish in my opinion after a massive selloff, in the past few days.
A long here wouldn't be a bad idea IMO but make sure to use proper risk management.
#ManageYourRisk
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ADA - Short Entry TriggerI entered a short here on Cardano. Showing signs of weakness after a solid pump. A healthy retracement seems like a higher probability outcome.
Looking to take profit right above the #GoldenPocket
1.5% Risk on trade
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Fantom Clean Long Trigger!!UPCOM:FTM - Long Trigger
#Fantom has reclaimed major support after sweeping the lows. This is a great entry trigger with clear invalidation ( wick low ).
A long here wouldn't be a bad idea IMO.
#ManageYourRisk
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Every day the charts provide new information. You have to adjust or get REKT.
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