BTC/USDT : Two possibilities to Short the movement!BINANCE:BTCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
Recently we called a Short position on $40350 and it turns out with a great result!
Now $BTC has pulled back from the Range's Low And it has reached the Range's mid.
Based on our data, The First Short position has come with an opportunity to take at Range's mid with an SL above our last rejection line at $40320.
And the Second opportunity will be created if we get the closings below $38100.
Then you can locate your Short with an active SL above Range's mid at $39200. ( Active means that we need those candles close to triggers our SL )
The last word, If we get caught on SL, Then I'll be looking for possible Long above Range's high.
Also, there'll be another Short Possibility at Range's High.
That's why I didn't mention further information...
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
Range
Will We "Affirm" A New Direction This WeekWill We “Affirm” ( NASDAQ:AFRM ) A New Direction This Week?
I strongly believe that a new direction will be affirmed for Affirm Holdings, Inc. (AFRM) this week. I've identified several reasons why I anticipate a new direction for the stock.
Bullish divergence on the daily chart.
AFRM is in the buy zone.
AFRM is in a range on the daily chart.
Outcome Expected- Break from range through the upper channel
*Identified risks-
-It will be very important to watch price action because the stock is currently trading below the 200, 50, 21 and 9 moving averages. Hence, the reason why I will be making a safe entry once the stock moves above the upper trendline or 9 MA.
-AFRM is ranging and I wonder if it will continue to do the downside as a continuation from the inverted cup and handle pattern or make a shift to the upside
-AFRM has earnings on May 12, 2022.
I look forward to watching what happens with AFRM over the next few days.
What are the chances for the crypto uptrend ❓💎Based on our previous CIX analysis, a bullish case was expected upon the break above the 257,000 resistance. The bearish scenario was expected upon the daily break and close below the 239,00 support.
💎The bearish scenario took place and the price fell to the 227,000 support. This is likely to be a critical demand area, a decision-making point for the medium-term price action. Because currently CIX is facing double Fibonacci support, and so far it has been respected.
💎As long as the daily close remains above ..........
NEAR/USDT : Consolidating into a RANGEBYBIT:NEARUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$NEAR has formed a wide range channel which has held the pair for 25 days.
Now it has gained bullish momentum once again as it's broken above the range's mid!
But so; As we all know, There'll be always fake-out or deviations...
In terms of possible rejections, I just mentioned the two possible scenarios to trade with :
- Be noticed that both of them need active management with tight SL and multiple targets!
📈 Bullish scenario: Currently the most possible scenario is to face more bullish continuation, In this way; If we get closings above the mentioned S/R line at $15.1, Then you can locate your Longs on a proper retest of the broken marked line.
- Be advised that the SL should be located below the Range's mid with active management!
📉 Bearish scenario: $BTC has reached one of the main S/R lines at $40600, As it consolidates below the resistance; There'll be always a chance of quick rejection into yesterday's lows...
In terms of rejection; If we get closings below the Range's mid at $14.7, Then you can locate your Shorts on a proper retest of the broken marked line.
- Be advised that the SL should be located above the S/R line at $15.1 with active management!
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
BITCOIN RESISTANCE AHEADBitcoin is back in the big daily range and successfully retested an important level with a SFP (Swing Failure Pattern).
There's a lot of heavy resistance ahead
Top of the Range + Fibonacci Golden Pocket
Yearly Open + 0.786 Fib Level
Monthly/Quarterly Open
Our indicators show that there's potential for a little more upside in the current price action.
One major problem is the current volume which isn't showing any signs of strength as of now.
Wipro LimitedWipro Limited is an Indian multinational corporation that provides information technology, consulting and business process services. Thierry Delaporte has served as CEO and managing director of Wipro since July 2020. It is headquartered in Bangalore, Karnataka, India. Wikipedia
Stock price: WIPRO (NSE) ₹537.70 +7.25 (+1.37%)
Trend line breakout is in the picture!!Hello everyone
In The past 4 days we have been experiencing a trending range with a possibility of bull channel in ETHUSDT. But In the next couple of candles ,I expect a breakouts for Ethereum (personal opinion, not a financial advice).
In 4 hours chart we can see an accumulation of price in the channel of 2950$ and 3050$. Also, We have a long term trend line ( line number 1) and a short term trend line (line number 2) creating a corner for the price.
Hopefully we see a big move in the market in the next couple of days ( THIS MARKET IS BORING).
what is this Annoying trading range??Hello everyone
In the past 4 days we have been experiencing some frustrating trading range in 4 hours chart for ADAUSDT ,But in lower time frames we can see some good scalping opportunities.After the bear market in the past week this trading range might actually be a good thing (some liquidity is good for a healthy market).
In 4 Hours time frame we have the support level of 0.93$ which been tested almost 4 times in 4 days and resistance level of 1.00$.Also we can see higher lows on the daily chart which can be seen on RSI in 4 hours,This is might be a small hope to see strong bull trend or maybe a spike in our charts.
AND it's still going UP!?!Hello everyone
In the past couple of days (10-12) NEARUSDT been accumulating between 17.50$ and 15.50 in daily and we had a spike in price eve of Apr 07.
Anyway in higher time frames, It IS still going up, and investors may still hold on to what they have, but in lower time frames ( day trading and scalping) , I have been buying on 15.55$ and selling (and shorting) on 17.50$, and it worked for me.
Considering that the price keeps making higher lows, investing in this asset might be a good option (this is my opinion and not a financial suggestion).
For now, we have a hanging man pattern on Apr 14 and had a pretty good bear channel in 4 hours time frame, and a head and shoulder pattern.
EURGBP Even PricingHey Traders,
EURGBP entering a range prior to the announcement of the Great British Pound CPI. On the one hour chart here, you can see the green area in which we are currently ranging, I'm expecting a breakout given the data of the CPI.
We've had a very good uptrend moving in the CPI data over the past six months and is forecasted to do another 0.5% increase. In the event the CPI matches forecasts, we're gonna see this pair head to the downside given the strength and the money flooding into the pound.
Keep an eye on this pair and a potential break downwards.
GBPJPY markup SMCGBPJPY is bullish and has weak highs so we look for longs but first we need to mitigate our previous ranges so short is an option but we have to wait for the weak highs to be taken
this is no financial advice I'm doing this for myself
feel free the message me I'm always open for an chat
DXY : 1D : Fibonacci Analyze Hello Everyone, If You Like The Idea You Can Support With A Like And Comment .
Keep In Mind ❗
If We Are Going To Do Higher High On Higher Time Frame It Would Be Major Sign Of Strength . So Play Safe On Risky Tools .
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
Bank nifty long position Hi Traders.......
Here are some important levels of banknifty................
BankNifty moves in a range of 37400-37900 from last few days.......
So take trade account to the levels buy at support and sell at resistance also if banknifty break this range then go for the long trade.....................................................................................................................................................
1 If banknifty breaks the level of 37400 and give us closing below the level of 37400 then go for the PE
2. If banknifty breaks the level of 37900 and close above the level then go for the CE
BTCUSDT in range zone and bounded with parallel channelAs we can see major supports and resistances are all mentioned on the chart.
Also, the price is in a daily Ascending channel and we have range market here for a while unless channel support(37K) or channel resistance (49K) breaks.
Notice: 39000$ now is 0.61% Fib and major support too if this support breaks market may get bearish once again.
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Interesting finding with a pitckfork range| 58k then 44k?I found an interesting respected supports that if the past repeats itself in the same way we could be seeing 58k in the next month or two before having a similar nuke like last september back down to 44k and then go for the last and final launch towards breaking out of this ascending channel that was defined when we first hit 64k. See for yourself.