Get started

Note

#NOT/USDT#NOT The price is moving in an ascending channel on the 1-hour frame and is sticking to it greatly and is about to break upwards Some decline is expected to touch the lower limit of the channel We have a bounce from the lower limit of the channel at a price of 0.007000 We have an upward trend on the RSI indicator about to break, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.007459 First target 0.007980 Second target 0.008738 Third target 0.009700
Long
by CryptoAnalystSignal
NOTCOIN📊Analysis by AhmadArz: notcoin In this technical analysis chart for the new token NOT/USDT, the price movement is clearly outlined. Currently, the token is priced around $0.007919 📉 and is trending upwards within the blue channel 🔵📈. Key resistance levels are identified at $0.008822, $0.009911, and $0.011448 🔒. The analyst suggests waiting for the price to break above the $0.0114 level to anticipate another potential pump 🚀. Additionally, a crucial support zone is marked between approximately $0.004800 and $0.005100 🛡️. If the price reaches this area, it could be considered a good buying opportunity 📈💰. Overall, if the price can break through the mentioned resistance levels, there is potential for further increases. However, if it falls below the ascending channel and enters the lower support zone, caution is advised ⚠️. 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Long
by ahmadarz
2
🟨 Case against Averaging Down - Stage AnalysisAveraging down is rejected by all big Market Wizards. The problem is that the stock can always go another -90% down. The example of SKLZ shows that after 19 consecutive times the stock decreased -20%, it no where near the average dollar price, if you buy same amount after each 20% decline. In fact, it has to move +300% to get to break-even. How many of your stocks do that? Do you see now, why probabilities are not in your favor. PS if you think this is just a crappy company look at $GE in 2007-2009.
NYSE:SKLZEducation
by TintinTrading
1
REVERSAL OR RETRACEMENT NOTE #01The question we might all have asked ourselves is: how do we recognize a reversal and how do we recognize a retracement? (I am a newbie, so please if you have anything valuable to add, by all means help me and other newbies out by sharing your knowledge about the subject.) The divergence shown in the indicators can often lead to confusing thoughts. Rule of thumb I have decided to stick to, has been a combination of the following conditions that have to be met. ]if I notice divergence on a larger timeframe (say 1H 4H or DAILY) then the chance of that divergence leading to a reversal is much higher than were the divergence spotted on a 30m/15m/5m chart. For that reason I do not try and detect reversals of the dominant trend on those charts. The minimum is 1H. This is all depends on your tradingstyle of course. I compare divergences that lead to retracements, to those that lead to reversals. If the divergence that has been spotted on the 1H or higher timeframe, is significantly wider compared to other divergences within that larger trend (that announced retracements), then the chance of it, announcing a reversal, is much higher. Also if the divergence that has been spotted on a larger timeframe has also begun to move close to or nearby a support and resistance level that had significance on one or two larger timeframes, then chances are the reversal is a fact. Thank you. Have a great weekend!
by UnknownUnicorn468659
1