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Parallelchanel

Coinbase Rumors with some News sprinkled on topNASDAQ:COIN I wanted to combine simple technical analysis with tangible real world events. S/R with some short term targets and a parallel channel, is as basic as chart analysis goes, for me personally it is enough to come to a conclusion and plan the trade. Recent history (in the crypto market) would suggest there could be trouble ahead for Coinbase. I picked a few events which show how Coinbase is attempting to optimize, consolidate, cut cost and find extra revenue stream. Summer et al, timeline of news (and rumors) about Coinbase: May 10th, 2022 - Coinbase adds new language to Form 10-Q regarding bankruptcy June 2nd, 2022 - Coinbase rescinds already accepted job offers. Amy Castor wrote a great post covering that event. June 14th, 2022 - Coinbase lays off 1100 employees. CEO and Cofounder Brian Armstrong shared an explanation on Coinbase Blog. June 29th, 2022 - FOIA (Freedom of Information Act) request reveals that Coinbase has been providing ICE with blockchain analytics tools. July 15th, 2022 - Leaked email reveals Coinbase plans to shutdown its affiliate-marketing program. I purposely do not comment on the timeline, as all of us will interpret it differently, might be interesting to see the comments. I don't believe that it's unreasonable to tread lightly while trading Coinbase, although there are plenty of fish, maybe I'll just trade something else and see how this story develops. This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades! ❤️ If you enjoy my ideas , Please like/comment , It means a lot, Thank You! ❤️
NASDAQ:COIN
by WhoIsWu
Sirin Labs whatever SRNUntil yesterday I have never heard of SRN (Sirin Labs), but when it made a 1000% in less than a day, it's hard to ignore. SRN jebaited a pullback on the 17th, could have been a 10% short but it didn't feel right. Obviously some have already told you that they caught the short from that June 17th top and made a sweet +50%, good for them. SRN is attempting another pullback (Short), it'll be clear if that's in play in about 1-3 hours, if confirmed I'll target 0.012255, with a heavy hand on Close order. If my thesis holds, SRN might do a higher low around 0.012255, then wait for a Pullback to Long and target 0.023435. Although looking at the army of wicks, I'm going to reevaluate my targets in a few hours. Considering how easy this moves, super low volume and low cap, don't consider SRN unless you know what you're doing. The chart tells us when to enter and exit, not a hypothetical target. This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades! ❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
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by WhoIsWu
Bitcoin Range Breakout Soon? Trade the range until it breaks!BYBIT:BTCUSD BYBIT:BTCUSDT Bitcoin has been consolidating in a range for 21 Days now. There is a history of ranges forming on BTC and breaking out. Is the pattern about to break out? I evaluate the important levels to look out for, take a quick look at alts. (Hence the video title has KAVAUSDT in it ) 2 Fibonacci Golden pocket reversal areas that I identify where price could reverse My message is clear and simple: Please be careful trading right now. Bitcoin is at a Tipping Point. It could break up or down. Heck, we could keep ranging for a few days, but whatever you do, make sure you protect your capital. Not Financial Advice. DYOR. Papertrade before using real money. If this analysis helped you, please consider giving it a thumbs up and following. Trade Safely, Shawn
by zartraderguy
FTM 15 MINUTES SCALPINGThis is one of my invented 15 minutes scalping method whenever I find the "Ascending Channel" As you can see in the chart the point where price touches the resistance level of the channel (red arrow) is where to place a short or sell. While the point support level (green arrow) is the buy or long zone. This point are not just picked randomly, they are selected based on the following criteria 1. the initial resistance becomes support. 2. the levels at which resistance becomes support have equal distance in between.
by DewyCandles
Gold Spot BullishHello traders this is my analysis on gold spot my one of my favorites CFDs Using Heikin Ashi 4H candlestick charts showing higher highs and higher lows price action on this parallel channel still growing strong and still showing bullish signs. However, I see that we are heading towards psychological resistance price level 1958$ which is a very strong resistance zone denoted in red rectangle which price has tested twice around November 2020 and early January 2020 partly of the decline of corrective wave B. Price action set up now to break this resistance point with strong buying volume and bullish sentiment from traders and analysis. I'm 85% confident gold is set up for a bullish market. Get your orders in; place your long positions from anywhere between EP@1890-$1910 ;TP@ 1950 Meanwhile if you enjoyed my content/ ideas, please leave a like and comment and don't forget to follow my trading view account thank you so much.
OANDA:XAUUSDLong
by EncryptedKvng