NEW
Fake Outs Explained - AdCrypto TheoryHi there,
Basically you need to stop looking at horizontal lines only otherwise you will just be looking at order blocks, you need to expand and start looking diagonally..
In diagonal lines where it closes is more important than the wicks, as wicks generally represent peaks whilst where a market closes/enters is specific to the overall trading range (not always obviously you can get spikes within the last 10 minutes but overall it is true)... Either way, it's more accurate for determining trends when they are moving diagonally as opposed to just break outs from orders..
Buying above a break out is safe or at the bottom range next to support is safe, however buying in the middle opens you up to mistakes as fake outs happen that mislead people into thinking a new trend has formed..
Is swing trading more profitable than long-term investment?Look at the image below. Let me give you a small example. This is the real chart of the State Bank of India.
I have coded swing trader in black and long-term investor in blue for your easy understanding.
In the first scenario, both the swing trader and the long-term investor bought SBI at the same level.
After a month the swing trader sold his holdings and made 60% on his capital of 1 lakh. Now he has 1 lakh 60 thousand. But the long-term investor didn’t sell.
Again the prices of the stock went down and the swing trader got an opportunity to buy in dip. The swing trader sold his positions and made 36% this time. Now he has (1 lakh 60 thousand) + 36% that is 2 lakh 17 thousand.
This time the long-term investor sold his holdings and made 64% total. He has now 1 lakh 64 thousand.
Everybody trades the swings. Nobody buys in dip and sells in the dip. That is just foolishness. Some people trade the larger time frames and some people smaller time frames.
$NEW LongCaught the last pump from these levels. Back in at 1.77 from this mornings dip below support. Nice lil washout and bounce after longs got stopped out and some shorts got trapped. Perfect, a ton of upside real estate for technical levels to watch.
Don't Sleep On Apple! *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
For weeks my team has been analyzing AAPL for long opportunities. The stock has been correcting for weeks after reaching its all-time-high of $145.09
The correction seems to be slowing down. AAPL seems fairly priced within the 123-126 range. My team is opening up positions in this range and plan to take profit 2-3 months from now at $160.
Kathie Woods dumped AAPL stock on 5/10/21, but Warren Buffet still holds it as his main offensive position. We believe that the ARK sell-off is non-related with the overall performance of AAPL going forward.
AAPL is also doing business into the gaming console industry by partnering with Sony Corp Groups PS5 game streaming service.
DOGE; .75 or .35? (part 2)Going off my previous DOGE idea from May 4th(linked below)
I stated DOGE would either go to .75, or .35
Buyers were so close but ended off a slippery .739 peak
which then dropped us EXACTLY on to the .35 cent mark. (goal reached)
Now with this rebound off .35, DOGE is trying to re-enter the upper zone.
Breaching any zone will cause the market to react and push it back out to around .42
It will be a little shoving battle but everyone is on two of the same wire in a sense.
So, lets see who can maintain their stature.
-quick "maybe" section-
consolidation above .42 maybe
sellers reach 25 cents maybe
buyers regain control in upper zone maybe
ACEUSDT Continuation Triangle4hr close outside of the blue triangle will be considered a confirmation of direction (still possible to go down of course). I am expecting continuation to the upside with a target of $1.
This is not intended as financial advice and is intended for educational purposes only!
GPX Strategies Analysis GP Strategies Corp (GPX)
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds under the radar stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
We have had eyes on GP Strategies Corp for some time now. We're tackling this bad boy by buying dips from the $14-$16 range, and have set our first take profit at $19.5.
Let us know what you guys think below and subscribe for more!
O3 may pullback! (high risk trade!)This is an idea about O3 pullback
If o3 touch's and being support by support level
can bounce to ~12$ or 13$
Entry price: 4.01_4.02_4.05$
Targets:12 , 13 , 13.5$
StopLoss: 3.8$
⚠️ DO NOT TRADE MORE THAN 5$ OR 10% OF YOUR CAPITAL 💸
this Analyze will be updated...
Forth to $90 and wayyyy beyondForth forming a W pattern. Question of time before it breaks out; could be still this month or next month.
Retest of ATH at $90 and then sky is the limit. It could reach several hundreds of dollars mid/long term (think AAVE, COMP) . 15 mil market cap for this governance token to AMPL, which IMO, is one of the most innovative cryptos and a genius way to view & handle "money", since BTC. DYOR. The FORTH / AMPLE is technology that has the potential to change the world.
Not financial advise. I just look at things. MAY WE ALL MANIFEST LOTS OF WEALTH!
Crude oilDownward trend, that might contiuen based on the new lockdowns in India and the fear of further lockdowns worldwide.
Possible change of getting interrupted around resistance levels, but clearly downward trend for now.
First analysis and keeping it simple.
Trend channel and resistance level.
DOGECOIN TO THE MOON! ELON MUSK TWEET JUST CAME OUT🚀dogecoin has recently become more difficult to do, so a lot has been sold. This is very unfortunate but this is easily fixed again. I expect he could possibly touch the $ 0.40 in 24 hours and the $ 0.50 in 48 hours. Dogecoin is literally going to the moon but everyone has to cooperate. I want to thank everyone who has a dogecoin and we will definitely see an increase on dogecoin these coming days. For anyone new to dogecoin pay attention to Elon musk's twitter. In addition, mark cuban also his twitter! snoop dogg is also interested in the Dogecoin. this is all very good for the coin, so the rise keeps going on and on. I expect good things this evening so make sure you are there on time! I wish everyone the best of luck and we are going 100% to the moon. I am very happy with the dogecoin, this gives a good chance to people who are new to dogecoin but also to people who can spend less money within crypto.
LONG TERM 100%+ TIME TO BUY🚀It's time to buy from POLYMATH. This is my analysis on POLYMATH, I personally think it can achieve more than 100% in the long term. You have to be patient and wait for the right time. I expect it to rise 50% within this month. I see a lot of potential within POLYMATH because it has to rebuild itself since it has been low for a long time. Now that I've seen it up 100% between February and March. I expect that he may still be able to reach the 300% before the summer! I am very convinced about this crypto myself.
I am new to crypto so if you have any tips for me, please let me know.
I like to share my analysis, so thank you for viewing the analysis.
I wish everyone a good day and good luck trading today!