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Ranging

WHERE THE BUYERS FAILED - UPTREND IS OVER - RANGING - CGC - 60MNThe price has been up trending generally until the buyers were stopped. The three arrows show where exactly the buyers has been squeezed. The volumes where very important at those points. It is a probable validation that the market wanted to go down. The horizontal blue lines are marking the new range of the market price. The market is clearly ranging now. There is probably opportunity in trading range breaks. A bottom red line has been identified from past price movement and another top green line has been identified from the top of latest huge gape. At the moment, the market is ranging. It is probably better to use another quality of traders: WAITING. This is my trading view about this market
C
by Diallo_Charts_Ideas
2
Week 36: FCPOX 2020 is stagnantWeek 36: 31 August to 04 September 2020 FCPOX 2020 analysis If you are still holding your LONG position from last week, now it is a good time to liquidate your position. Currently the price is back to our Week 34 position, whereby the price is in the middle of the range, quite close to the resistance level and no momentum at all. The same as the dead silent before the storm is coming, as a trader, we shall wait and follow the next movement. This week, I would rather wait and see. I will place two lines: - if the price break RM 2,840, then I will look for a setup to buy - if the price break RM 2,600, then I will look for a setup to sell For now just chill. Disclaimer : The analysis above for educational purposes only, I do not responsible for your losses. Please adjust your own lot sizing according to your appetite. If you are benefiting from my trade opinion, please buy me coffee . As always, move your SL when you are in the profit zone.
MYX:FCPOX2020
by machintose
Ranging FTT Offers Multiple Opportunities for ProfitThe FTX platform is a major futures platform in the Crypto market, and FTT is the platform's token. The exchange offers many possibilities for futures crypto trading and has created numerous triple leveraged tokens. The company even created futures for the US elections and spot tokens such as TRUMPWINS and TRUMPLOSES. FTT Fundamentals The FTT token has some major fundamental advantages. The FTT platform rewards its clients for holding FTT tokens by giving discounts on trading fees and even making large holders of FTT VIP users (which provide lower fees, account manager, flexible API limits, provide input to FTX products, among other perks). These rewards increase demand over time as the platform gains popularity. Additionally, the company also reduces the supply of FTT tokens by repurchasing and burning the tokens. FTX burns an amount equal to 33% of the fees generated on FTX markets, 10% of net additions from the insurance fund, and 5% of the fees earned from other uses of the FTX platform. When demand increases and supply decreases, the token is bound to gain value. This propelled FTT to grow a whopping 240% since its inception. FTT on the Chart The FTT token usually grows in short bursts followed by prolonged periods of ranging. Although you could profit by just holding the token for a long time, the ranging periods also offer many opportunities for quick profits. The spread between the higher end of the support level and the lower end of the resistance level is 6.5%. Therefore, even if you take a position just above the support and sell just below resistance, you will still profit 6%. If you take more risk and enter the trade at the lower level of support and exit at a higher level of resistance, the profit margin rises to around 12%-15%. The great aspect of this token is that it is usually quick to establish ranging levels after a strong push. This aspect makes it easier to identify a suitable entry and exit.
FTX:FTTUSDLong
by cryptohopper
AUDUSD Long- Impulse & RetestAU has been ranging since July 5th between a level of support and a weekly resistance. Finally, there was an impulse above the weekly resistance and currently seeing a retest of that previous resistance. I would wait for a confirmation to buy or sell. I believe it may pull back a little further before buying to possibly a previous wick which was at 0.70620 or even further! As always manage your trades and TRAIL STOP LOSS to maximize profits! AUD NEWS IS COMING OUT AT 9:30PM EST so be aware. The news should be on our side though for the long! Like, comment, and follow!
Long
by aleasewell
AUDUSD Short / Sell - Ranging Pair & Strong ReisistanceReasons I will look to take this trade - Pair is ranging between shown price points with no clear bullish/bearish direction as of yet. - Price has reacted violently to these price areas in the past, quickly reversing. - Pair is overbought on 30 min / 1 hour / 4 hour timeframes. - Tight stop loss / Good R:R (Risk:Reward Ratio) (1:3) Entry : 0.69900 Stop Loss: 0.70070 TP: 0.69242 Please check against your own analysis BEFORE taking this trade and make sure you are happy to enter. Open to any critique or advice :)
Short
by robertofiorentino9
GBP/JPY SHORT 4H The market is currently ranging. The price has tested the resistance a number of times (a strong resistance). Plan A - What I will be looking for once London opens is whether the price the hit the resistance and give a breakout (by ensuring candlestick closing upon the resistance) and making my entry setting TP at 134.910. SL will be the below the previous candle of the breakout. Plan B- If the price hit the resistance and continues to go bearish past the trend line, I would enter the market after candle confirmation. TP would be at 130.807 Feel free to give your feedback. Thank you.
by Govv510
BTC RangingPlease feel free to comment on my TA and share your thoughts or remarks. If not, please leave a like to show support! - Ranging between $9988 and $8550, both daily levels. - Could also be forming a wedge formation in which a breakout to both sides could occur. - Chances are more likely we'll see a further retracement towards the daily level of $8550, the weekle level of $8266 or $7803. It wouldn't be illogical for the retracement to coïncide with either the 50MA or 200MA. Should BTC stay within the daily range a nice profit of 16% could be made. This is where I'll look to setup a trade.
BITFINEX:BTCUSD
by Coinathlon
GBPUSD - Another Bouce or Breakout - What do you think?Hi Traders! As you can see the market is in a ranging condition. The first major movement you can see in the chart is the strong bearish downmovement. This downmovement started at the top of 1.32000. It ended up at the Support at 1.14500. After that the market retraced. This Retracement move was until the 61.8% of the Fibonacci Retracement tool. Later the price was moving between these Levels: Resistance at 1.26000 and Support at 1.22000. It is still between these two Levels. As you can see the market made until now two Tops and two Bottoms. The market is now at the Bottom Side and this two opportunities can appear: The market bounces off from the Support to make another Top. Then we would buy the break of the Parallel Channel and the Target would be the Resistance. The market breaks out of the Support. We would buy the break of the Support and the Target would be the Support Area (orange box). We recommend to wait for a confirmation. Thanks and successful Trading :)!
by swissmoneymakers
BTC Trapped - Where's Next? $9500 or $10,200Being caught in a range isn't always a bad thing, especially when you can trade top to bottom and back again! Bitcoin looks like it'll be caught between $9500 and $10,200 for another couple of days, with a breakout indicating a move of at least a few hundred more dollars in the given direction. Get your Long order in at the low end of this range, ready to take profit at either $10,000 or $10,200 - depending upon your own sentiment and analysis. With the famed Bitcoin halving in just over 3 days, we should be caught ranging up to 12 or 24 hours before the halving event, a pop upward would indicate at least $10,500, breaking above this would be the start of the Bull Run 2020. Don't say we didn't tell you! Good Luck & Happy Trading! theCrypster
KRAKEN:BTCUSD
by theCrypster