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Priceactionstrategy

Cosmos ATOM/USDT current setup. Price action strategy baby!!!On the ATOM / USDT chart we can see how the price responds beautifully to Pivot point R1 daily and also Pivot point P weekly. After breaking the daily trend line, the price rises, but we are close to Fibonacci level 0.382, where the price will certainly respond. At the moment, I prefer the price drop to the current trend line. On a lower time frame, we have a nice opportunity to enter. Therefore, it is important to do Multi time frame analysis. In my case D1-H1-M15. Happy trading.
by UltimateCryptoTrader
BankNifty Support and Resistance [28 Jun 2021]Red lines are resistance area and Green lines are support area. On Monday, if BankNifty breaks the green trendline, then it may fall further. So, in case it breaks Green trendline then wait for it to retest the Green trendline to enter into a short trade in future or short BankNifty ATM Call option. On the other hand, if it breaks red trendline then wait for it to retest the red trendline, then go long in future or short ATM PUT option.
NSE:BANKNIFTY
by AkmeAnalytics
DOGE coin is The real S***. Funny coin without a reason to grow!Doge is the real s***coin. It also responds to news and Tweets very sensitively. There is no reason to grow. Maybe some whales will take stoplosses. The technical analysis is not entirely clear, except that the main trend is down trend and the secondary trend line is also down trend. Since the price is on the Point Pivot, the quick Scalp Trade Long is possible, but prefer Short. We will give us more ''Price Action'' at lower time frames. I'm going to look for entry... REMEMBER: Trading witnout Rules based strategy is pure GAMBLING!
by UltimateCryptoTrader
1
CARDANO falling as hell. Check if bounce up.On the Cardano chart we see how the price reacts to the Trend line showing a down trend. At the same time, the price is below the daily EMA 50 but above the daily EMA 200. Reflection from Fibo 0.786 but above Pivot point R1. According to timeframe H1, it is not clear where the price will go next, it is necessary to look for a signal to enter on a lower timeframe. Our strategy based on Price action will help us with this. Trading is not difficult when you stick to a strategy based on clear rules. Happy trading!
by UltimateCryptoTrader
ChanLink: The current fight between bulls and bears.ChainLink is trying to break the current trend line, which indicates a relatively strong down trend. Apart from TL, the current price is reflected in resistance and Fibonacci level 0.382. On the other hand, when the price falls, the price hits the Pivot Point R1. At the moment, the fight between bulls and bears is in full swing, without a doubt. Price action in lower time frames will help us estimate the direction in which the market will move in the coming hours.
by UltimateCryptoTrader
Hey SXP, feel free to continue the decline, I don't mind...The price of SXP is between two strong daily S / R zones. At the same time, we are below the TL signaling the Down trend and also below the EMA Daily 200, which also indicates the downtrend. However, the current support has already tested 3 times and stopped the falling price. This may signal an upward reflection to test the trend line. The most important thing is what happens inside the current hourly candle. We can find out if we switch to a lower time frame. Ideal for entry according to our Price action strategy is the time frame M15, where we evaluate the current situation and decide accordingly whether to trade SXP.
by UltimateCryptoTrader
ETH/USD broke strong trend line! Do you look for SHORT?Very respected trend line has been broken and after that nice retest. This is clear signal for short. Yes, everybody know that...after brake and retest take a trade...but in most cases this is manipulation and reason for STOPLOSS HUNTING! Don't be stupid and don't do everything what other people do! Very easy how to losse money. What to do? Do not trade too easy setups. You have to develop a strategy with rules and follow it. You have to know how whales manipulate with markets and how to play with them. The key is make an analysis on some timeframe, but swith to lower TF and you can see what inside each candle is. After that you can be really successful.
by UltimateCryptoTrader
Short Position: NEO break out this simetric triangle!!!I wil put a short position in NEO from $54 USD to sell order limit until the $28 USD, this will be my final target approximately. NEO it's look bearish in H4 timeframe and H12 timeframe. s3.tradingview.com This it's the Daily timeframe and I believe that buy NEO contract will be an error, because as Bitcoin dump, NEO follow Bitcoin. s3.tradingview.com But if you look the H4 timeframe, NEO form like a simetric triangle, and that will be considered a bearish signal. For that ,I decide to sell NEO as I have a perspective that cryptocurrencies going to crash!!! Good luck!!!
BINANCE:NEOUSDShort
by harisonhbn9718
1