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Rebound

🔥 COTI Rebound: Added To Binance FuturesLast night COTI announced that they will be added to Binance futures with leverage up to 25x. This trade expands on this fact. First of all, there's the minor sell-off that happened last night. As of now, it seems that both BTC and the rest of the crypto's are rebounding and going back up. COTI seems like a proper candidate for strong gains since investors can finally make big short term bets by using leverage. Leverage increases the intensity of both bullish and bearish moves. Since the outlook is bullish, I'm expecting great things! Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence. Happy trading!
Long
by FieryTrading
19
OMG/USDT Found support to fight backOMG dropped strongly after reaching its previous ATH. Finally we found a horizontal support line as well as a rising support line (Yellow). OMG will make its way and rise again to crush its ATH. Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only.
OLong
by tumbler55
1
Convergences and a significant retestADA is currently settling down after trending hard all day. ADA broke out of a relatively tight channel today and slightly over shot my price target of 1.049usd. Currently ADA is retesting the broad support area that it has been able to rubber band back into every time it has broke it as of late. This time however price has not rebounded with the same momentum. I expect a rebound if price can close hourly and higher above this area.
KRAKEN:ADAUSD
by zac_destroys_all
12
🔥 IOST Strong Potential Rebound TradeIOST is experiencing strong bearish pressure today. A lot of cryptos are seeing good returns, but IOST is severely lagging behind the rest. In case we will experience a strong sell-off again in the near future, this trade will act on the potential rebound resulting from said sell-off. Before entering this trade wait for the price to touch the Entry line. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence. Happy trading!
Long
by FieryTrading
26
🔥 LUNA Strong Bounce Off SupportLUNA has seen some crazy gains over the last couple of weeks, increasing more than 1,000%! It seems that this coin is experiencing a never ending party. Since earlier today, LUNA is on a new bullish path upward since it rebounded from the support line. Even during Bitcoins plunge earlier this week, LUNA remained very stable, a great sign of bullish strength. Signs that a new all time high might be on the horizon! On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence. Happy trading!
Long
by FieryTrading
26
$XZC.X (ZCOIN), do we have an opportunity on the rebound here?Hi Community, XZC seems to offer an opportunity here. Here is what I see: Price is rebounding from an ascending support line, which was previously tested. RSI 1H TF just moved above 30. RSI 4H TF is below 30. A potential 70% profit if price breaks the descending resistance line and flips it to support. Potential TP Targets: TP1: 3.70$ TP2: 5.03$ What do you think? Comments and feedback are most welcome. If you think I am on the right track, a "like" will be most appreciated. :) Thank you and Happy trading! ------------------------------------------------------ Needless to say, this is not financial advice! Still learning here, so please be nice!
XLong
by BitfulMind
ADABTC - false breakoutPrecondition for the false breakout If the price by an impulse flies near the level. fall for a long time. rebound from the mirror level. do you agree with me? Dear followers, the best "Thank you" will be your likes and comments! These ideas are not a channel with signals and I do not give recommendations on the entry/exit points. In my reviews, I provide analytics - those data that help model potential options/scenarios for price movements Thanks for your support!
Long
by Yuriy_Bishko
4
Nordstrom is close to its all time support (back from 1985). ^^^Nordstrom's been hit really hard - and rightfully so. It's a department store in the era of specialized stores. As a sector, department stores are commodity brands with minimal appeal. That said, out of all the department stores, there's really only one store that has made a brand for itself - Nordstrom. Of all the stores out there, I believe it has the least chance of going under. The Nordstrom family in the past has tried to repurchase the company and take it private. At the time, their bid was too low. Today, any bid is almost a steal. But.. look back at every major recession in our history. $JWN has hit this bottom support line. And what happens soon after that, a dramatic rise. The biggest difference between today and 2008, the last time JWN hit the support line is that in 2008, you could still physically go to the store + you had a need for dressing nicely. Today, most people are wearing lounge / comfort clothes, and even if they wanted to go out, most people can't or won't go indoors due to COVID-19. You can assume that JWN has a high chance of going bankrupt. You can also assume that if it doesn't (protect your downside), then based on history, it will climb. Those who have still have any discretionary money available to them will be looking to spend as soon as they can - whether its due to COVID-19 fatigue or a COVID-19 vaccine. The idea here is something similar to a strangle. - Put options around $7.50 that expire before May of 2021. COVID will likely lock people in until spring of 2021. This is going to be the riskiest time for JWN - especially since they will likely lose a lot of holiday revenue. - Call options around anywhere between $15-$30 that expire end of 2021. If JWN makes it past Spring of 2021, then they should be resilient enough to enjoy a return of customers (assuming there's not another massive event).
JLong
by lets_daft
probable rebound in nasdaq/probale rebote...If there is an approval of a stimulus package next week, we could see the price break above 11,214. In addition to this we would have the confirmation of a "double bottom" pattern or in W. With this, it breaks the downtrend that had occurred last week ...//Si existiese la proxima semana una aprobacion de un paquete de estimulos, podriamos ver la ruptura del precio por sobre los 11.214. Ademas de esto tendriamos la confirmacion de un patron "doble suelo" o en W. Con esto, rompe la tendencia bajista que se habia dado la semana pasada...
TVC:NDQ
by Natstrading
1
FKLI TRADING : 120) still short on rebound120 is the number and this is haidojo trading. downtrend is confirmed...short on rebound...fkli-aug hit the support 1560, slided a bit lower to 1547, then a rebound...the market is still bias to the downside...so short on rebound is a higher probability trade... resistance : 1585- 1605 (the red colored rectangle) support : 1547-1560 lower support : 1512-1520 advanced pattern bullish cypher pattern with D leg completion in the range of 1512-1520...SL could be set below 1500... this is a counter-trend trade...so if you never tested this, stay away... WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode shall not be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk! **your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ**
MYX:FKLI1!Short
by HAIDOJO_trading
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