This FIB settings work for me 8/10 of the timeI've been using Price action and SnD levels to scalp / day trade for the past 6years, and FIbs are one of my favourite tool to use on the Day and 4 hour time frame , to gauge the possible short term movement.
Fibs Values: Only the first 5 boxes, right and left
1st pair: 0 <> 0.236
2nd pair: 0.382 <> 0.618
3rd pair: 0.764 <> n/a
4th pair: 1 <> -0.25
5th pair: -0.618 <> 0.5
Feel free to copy my Fibs values. Match it to the fibs on the OKBUSDT chart to check for accuracy. Let me know in the comment if it works for you as well!
Happy trading!
Okxideas
Impact of TRX delisting on Binance.US🚫After the United States Securities and Exchange Commission sued Justin Sun, the founder of Tron(TRX), on charges of selling and issuing unregistered securities, fraud and market manipulation of this digital currency, the American branch of the BinanceUS exchange decided to Remove from trading list. The publication of this news caused the sales pressure of Tron to increase somewhat and its price to decrease.
The TRX will be delisted on April 18.
The impact of the TRX delisting news broke the 🟢support zone($ 0.0655- $ 0.064)🟢.
TRX is currently pulling back to this support zone and will fall to the resistance line after completing the pullback.
On April 18, when TRX is supposed to be removed from the Binance.US exchange, it can increase the selling pressure a day earlier to break the resistance line.
In general, it seems that TRX has formed a symmetrical triangle pattern in the 4-hour time frame, and if the resistance line breaks, TRX can fall to the 🟢heavy support zone($ 0.0555- $ 0.0447)🟢.
TRON Analyze ( OKX:TRXUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
THE LAST DROP OF BITCOINHello traders,
Bitcoin is going to be drop one more time before run and create a new high from my perspective this is the best and maybe the last opportunity, price can drop from around 32k to 48k now the current market price is around 28k so probably it can hit 32k in coming days.
Bitcoin is currently rising but in my view there is one more drop is coming it will take time a lot of time but after that bitcoin will be going to create a new high.
I am waiting for bitcoin to drop and buy from the low price as much as possible, i mentioned area with box in the chart that is the potential area for buy bitcoin but right now bitcoin is for short term of time is bullish and i am not interested in that short term.
watch and wait bitcoin to drop and look for a long position opportunity for a long-term period of time in the area that i mentioned.
The area that i mentioned in the chart for a buy bitcoin is around 18k to 5k i will be looking for a buy bitcoin in between these two prices, i know that the distance between both prices is so long but i will update you later with the new idea if price drop and enter in the mentioned area.
This is the analysis and my view about bitcoin.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong because i will learned from it and come back stronger.
Trading is like marathon race, its a long run game.
I wish you good luck and good trading.
🔥Ethereum New Bullish Leg 10x Potential🔥OKX:ETHUSDT.P OKX:ETHUSDT
I've liked Ethereum- for a long time, including in bull markets it tends to be my biggest position due to its higher valuation than BTC...Not in face value, but in Growth Potential
In this idea I want to bring to the community the strength of a Bullish crossing in the TSI (TRUE STRENGTH INDEX)
I believe in a new BullMarket for cryptocurrencies where OKX:BTCUSDT should multiply up to 8x but when I look at OKX:ETHUSDT I see potential greater than 10x!
So it's possible that once again OKX:ETHUSDT becomes my biggest position!
Currently OKX:BTCUSDT is graphically stronger than OKX:ETHUSDT , but we know that the explosive potential of Alts is scary!
So, in conclusion, these are, in my reading, the best points to buy OKX:ETHUSDT
The first point is if the price makes a deep dive to 1000
The second point is based on a shallow correction and is between 1720-1480
Good luck buying the dips or even better luck earning ETH from OKX!
🔴Disclaimer: The comments above reflect solely and exclusively my opinion, this is not a recommendation to buy or sell. Just a series of published studies, so that together with the community we can discuss operational tactics.
Good trades to all, and see you next time!
Why I'm Watching Basic Attention Token (BAT)This idea is apart of the OKX ideas contest. They are giving away 13 ETH or USD $ 25,000 as well as TradingView Premium plans to people who share interesting trade ideas from the OKX: crypto feed. To enter, you only have to publish an idea like I am doing here ( Learn about the contest here ).
So here's my idea:
I have long liked Basic Attention Token OKX:BATBTC because I use the Brave Browser quite a bit. As crypto becomes a popular tool for products, their communities, and giving the average user a chance to be apart of the journey, the Brave Browser stands out to me most. BAT or Basic Attention Token is the underlying crypto that powers the Brave browser. By the way, the founder of Brave is also the co-founder of Mozilla and Firefox. His name is Brendan Eich.
First of all, browser technology is gigantic. There are hundreds of millions of people who use the Chrome Browser each day. In addition, Google mines their data and sells it to advertisers. It's a strange business when you examine it deeply. As they say, if it's free, you are the product.
My thesis is simple: more people will see value in moving off platforms like Google and toward ecosystems that are not only more privacy centered, but also have an underlying "currency" that can be used alongside the platform. This is a win-win for users, builders, and companies. For the first time, your use of a platform can be rewarded in a clear way.
I personally find it beneficial that I can both use Brave, own my privacy, and with the tokens be apart of the success. The more I use Brave, the more I share it with friends, there's a chance for me to benefit alongside using their tokens.
Now I should say there is a bearish story to all of this:
1. The chart is ugly
2. Bitcoin is outperforming alts like Brave massively
3. Some people say Brave is just a giant bot network
4. Brave's privacy tools have been scrutinized
5. Brave token holders only enjoy a small fraction of benefits currently
6. As always, a hack would render the entire thesis useless and this is always a risk in crypto
Nonetheless, with so much doubt and bearishness, perhaps a bottom will be found. I've market that level on the chart. There's a saying that failed moves lead to fast moves. Let's see if this breakdown is a false drop and now a bull rally resumes.
By the way, be sure to use the okxideas in the tags section when publishing your idea. This is a key way to be entered! Read the post I linked above for more.
Good luck and thanks for reading!
BTC/USDT OUTLOOK FOR THE WEEKGood day to all traders out there!
Here’s an example of an OKXIDEAS contest submission:
On the weekly outlook, BTC is forming higher lows, with mini consolidation on the daily timeframe’s resistance.
No fancy analysis for this. Using Price Action + Supply & Demand levels, these are the following options we would be anticipating price to move.
Possible move 1:
- Price rejects resistance (28500-29200) zone and retrace down to (1) 24200 or (2) 21800.
- Price bounces of either of the levels and heads into the Weekly Fibonacci Zone (31870 - 35741)
This entire move should take about more than a week.
Possible move 2:
- Price breaks resistance (28500-29200) zone and heads straight into the Weekly Fibonacci Zone (31870 - 35741)
In the Fibonacci Zone
- We are expecting price to continue it’s upward trend to retest 48270, completing the “cup pattern”
ETC monthly long - GannityI used my own style of analysing named Gannity (=Gann infinity)
You must first adjust the scale by matching colored line. then you will see the main angles and arcs which are the best areas for entry and SL/TP
ETC in monthly angles of Gannity is sit on a hard ground and is prepared to fly!
it's on Fixed 45° and on two arcs.
Also, candle of previous month is dragonfly doji
#OKXIDEAS
Luna Daily long - Gannity analysisI used two ways of analysis. 1- Neowave 2- my own style named Gannity
Neowave: I think this is a contracting triangle (but unfortunatly some data are lost after collapse)
Gannity: this is my own style based on Gann mathematical formula and angles. you must first set the scale by matching colored line. then you will see the main angles and arcs which are the best areas for entry and SL/TP. now, Luna is sit on a arc
analysis on DOGE with Neowave and GannityI used two ways of analysis. 1- Neowave 2- my own style named Gannity
Neowave: by using Cash Data , its pattern is a diametric and it will go up when wave G ends.
Gannity: this is my own style. you must first set the scale by matching colored line. then you will see the main angles and arcs which are the best areas for entry and SL/TP
XRP - Where are we headed?📈📉In today's big brain analysis, we'll be breaking down the infamous altcoin XRP. Let's dive right in...
XRP seems to have slowed down at long-term supply levels kicking in around ~0.58 which is exactly what we want to see for a healthier continuation of this 2023 rally.
The crypto market as a whole has shown a lot of resilience throughout last year so it would not be wise to enter any substantial downside plays in this market, at least until ES and NQ break major demand levels to show a potential new low coming.
With that being said, we rejected the key supply at ~0.58 on 03/29/23 and are yet to retest that level.
It is very possible that this supply level will hold up for a significant amount of time.
However, the weakness in the last 10 days gives us a nice pullback for continuation to the upside off of this ~0.49 demand zone.
Our main watch should be longing for the retest of supply at ~0.58 until demand at ~0.49 breaks.
It is also important to note that volume during the last few days has been very low which explains why we haven't gotten a significant move during this period.
Bullish Case: you want to see this ~0.49 hourly demand hold, volume to start building up here, and strength off this demand to retest hourly supply around ~0.58
Bearish Case: you want to see volume kick in on the downside and break hourly demand at ~0.49, show further weakness, and look for a retest of ~0.49 for further downside
As always, NONE of this is financial advice. Trade, and invest at your own risk. This is for educational and entertainment purposes only, and we are in no way shape or form financial advisors.
Eyes peeled out there team. See ya in the next one.
ETH/USDT - DAILY DAY TRADING PRICE ACTION + SND OUTLOOKWelcome to the daily idea outlook on OKX:ETHUSDT
My TA style
. Support + Resistance Levels
. Price Action
. Occasional Fibs
. SMA + HMA
7th April:
1) ETHUSDT is trending bullish on the weekly, but nearing a strong Day Timeframe structural resistance. This indicates only 2 things: Reversal, or Breakout.
2) On the 4 hour, lower highs are form. ETH has entered the 4-hour bullish Fibonacci zone.
Scenarios I will make entry on:
a) Price test 1836 levels and form sideways trend with strong support and failed-breakouts below level, or bullishing spikes during volume periods - Entry : Longs // Take profit - 1992
b) Price breaks to 1810-1802 level, forms resistance at 1833 levels - Entry : Shorts // Take profit - 1779
Entries will be made on 1 hour or 30min timeframe. Anything lower, I feel it's not a stable indicator.
Ethereum - Buy The Rumor, Sell The News? 😳What’s up traders. In today’s trading idea, we discuss our thoughts on Ethereum.
Taking a look at the Daily chart, we’ve mapped out a few key levels & zones.
The story for Ethereum will be similar to our previous post on Bitcoin, in terms of where we think the 2nd largest crypto is headed.
If you haven’t heard, the Ethereum network is about to undergo the highly anticipated Shanghai upgrade on April 12th.
Simply put, this upgrade will allow investors (validators of the network) to withdraw their ETH that has been staked since December of 2020 (massive unrealized gains sheesh).
Right now, staked ETH accounts for 1/7th of the entire supply, 16 million tokens valued at over HKEX:26 billion.
Will a massive price dump follow?
Without diving too deep into the technicalities of the Shanghai fork, a subsequent dump could likely be in the cards.
Scenario 1: Bull Case
We see a continued push from Bitcoin, driving Ethereum up. We’re currently in an ascending triangle / bull flag, so a breakout to previous highs wouldn’t be surprising. HKEX:2 ,000 ETH definitely in the cards (Round number pseudoscience).
If we can surpass the 2K barrier, consolidate above combined with a bullish Bitcoin. Taking longs right now don’t sound too shabby.
Scenario 2: Bear Case
The bearish scenario would entail a “Buy The Rumor, Sell The News” situation. Where this push we’ve witnessed in recent days/weeks is due to the hype surrounding the Shanghai Upgrade.
A dip back down the 1400-1500 levels might be a solid spot if you want to look at getting long. If we see a severe dip from Bitcoin, and end up retouching the 1000-1200 levels. We’d be looking to buy & hold as those prices would be quite appetizing.
As always, NONE of this is financial advice. Trade, and invest at your own risk. This is for educational and entertainment purposes only, and we are in no way shape or form financial advisors.
Eyes peeled out there team. See ya in the next one.
Bitcoin - Last Stand For The Bears? ⚔️Taking a look at the Bitcoin Daily chart. We're at a crossroads with our precious Bitcoin (and all of crypto).
Bitcoin has shown remarkable resilience in the face of some serious FUD (Binance lawsuit + SEC warpath on all of crypto).
We’re approaching and beginning to test the zones of Summer ‘22 (blue zone), with most traders weighing the possibility of a push to $30K.
If we get a hard rejection at HKEX:30 ,000, a sharp move back down is what we’re eyeing up. Which is that blue demand zone we’ve mapped out.
However, if we see a continued push and price consolidation above HKEX:30 ,000, HKEX:32 ,000 would be next in line (bulls would be jacked up). To add to the bullish case, we are currently in a bull flag.
These next few weeks will be interesting as both stocks & crypto are approaching key price levels.
We've also drawn out a few bullish and bearish zones that could potentially be nice short/long opportunities.
If we see a strong push-up towards 31-32K, getting short would look quite enticing.
On the flip side, if we see a downward spiral toward the 19-20K area, and even below that, these would be juicy buy & hold prices (at least we think so).
As always, NONE of this is financial advice. Trade, and invest at your own risk. This is for educational and entertainment purposes only, and we are in no way shape or form financial advisors.
As always, eyes peeled out there team. See ya in the next one.