NEO/USDT Support at 200MA. 150% Target at 120$NEO now found support at the 200MA for the second time.
Currently NEO is consolidating into the apex of semi symmetrical triangle.
We expect some more consolidation into the apex before we find some volume that pushes NEO out of the triangle.
Entry is around 50$ and target around 120$.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue and white line are 200MA and 50MA.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Recovery
BTC/USDT - potential recovery scenarioHello, Traders!
BTC price continues to clamp in a narrow liquidity range of $31000 - $39800
The sellers were the first to enter the market and repeatedly tried to push the price below the level of $31000, but the buyers were able to stop the sellers and responded sharply with the price going beyond the local resistance at $37650.
BTC withdrawal continues at major exchanges. The growth of USDT and USDC stablecoins emission also continues.
Negative news does not influence price movement so much. Consequently, we can assume that those, who wanted to sell, did it already.
In the current situation, it is best to take less risk and engage only after the price goes above the level of $39800 using a shortstop.
Good luck and watch out for the market
P.S. This analysis is created for educational purposes and shall not be considered a piece of financial advice
AUDIO/USDT Moving into range range. Breakout ahead?AUDIO found support at the green line and did follow the downwards trend indicated by the violet line.
We are looking at a decisive moment where we probably see a disrupting move.
AUDIO has a great usecase since music is all over the place.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
Benefit from both online and covid recoveryDuring the covid time, online good ordering became mainstream. One think which striked me was restaurants often time used a different platforms when they handle in-restaurant order and online order. Thats why you could see a lot of different terminals sitting next to the restaurant kitchen...because they would have to install one per delivery services...plus the one they used in-house.
I often time ask myself would it be nice if all these could consolidate?
I found the answer when I went to Shake Shack last week... i was queuing up in front of their casher and I notice they promoting to their customer to use a web based ordering system which allowed you to skip the queue. I took a look and its actually the same app for their customer to order online.
I dig deeper and found that the system was actually by NYSE:OLO a New York City-based B2B SaaS company that develops digital ordering and delivery programs for restaurants.
While the stock market has been battling since early 2021, traditional (recovery) vs transformational (new tech and everything online), how come we couldn't find the right investment target that catered both?
Apparently OLO is my pick.
I have entered into position since 39 and will take 10% as my cut loss point and strong hold.
SRE - A Hidden Gem?Whether you're a short term trader or a buy-and-hodler, there could be a good swing play in this stock if it can hold the $134 support level . SRE has broken above the top of the recent range of the last year and is making strong support at these levels in form of a flag. Volume as also been increasing despite any major price changes.
To take this trade, we'll look for a decent close above the purple trendlines . This stock is low IV, so I might enter early since risk is low, especially with a tight stop loss at $134.
Just be careful, this could definitely break to the downside like anything else, but the odds look good for the bullish case. Wait for direction, manage your risk, and you'll be gold .
If you're buying call options, buy lots of time. At least August.
Good luck!
KEY/USDT Bullish breakout for Selfkey 250% in playWe recently posted KEY/USDT when it still was within the symmetrical triangle.
Now we got a bullish breakout and do see resistance that pulled us back to 0.012 twice already.
However, looking ahead we don't expect to get rejected a third time.
Volume is increasing which is a bullish sign.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
NIFTY CLIMAX RALLY TO 16000With all odds absorbed NIFTY will make its landmark figure 16000 on 10/06/21
It is a simple ABC correction with C=1.62*A
nifty will hold this level for day long so ,the TRADE PLAN is
take LONG today (09/06/21)for profiting long calls.
take SHORT tomorrow after 3.15 pm(10/06/21)and keep it for 3 days for 15450 levels
ONE/USDT Consolidation into the apex. Are we ready?One Harmony is in a retracement phase since two months already.
We now see a symmetrical triangle forming out of the yellow and violet line.
we expect the support around 0.07$ to hold and retest the 0.16$ barrier.
If we just follow the lower violet line we could consolidate into the violet triangle which probably takes even more time.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
REEF/USDT Consolidation above 0.023$ support lineREEF did spike after the AMA in mid May and collapsed together with the whole crypto market.
Now we look at a consolidation above the 0.023$ support line.
A breakout seems imminent and we expect REEF to catch up its missed gains during March and April.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
QTUM/USDT Consolidation above support foring a sym triangleQTUM as a high decentralized Proof of stake blockchain compatible with BTC and ETH is poised to have a bright future.
However, QTUM did not rally as much as other coins did since March 2020.
Now we see consolidation above the support line around 7.5$.
Nearing the Apex of the current symmetrical triangle we look for an upwards breakout.
A strong increase in volume is expected.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
EPS/USDT Descending triangle. Opportunity to recoverCurrently we are within a descending triangle between the green and yellow lines.
What keeps us optimistic is the fact that we see only see strong volume increase in case we are moving upwards.
This indicates that buyer don't sell again.
You can stake EPS or USDT/BUSDT/USDC on the official website.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
NEO/USDT Closing a flag pattern above the 50$ support lineNEO consolidates above the 50$ line into a flag pattern.
We expect a breakout within the next week with the first target at 80$.
Volume dropped with the drop of NEO and did not reach previous heights.
This either results into a sharp breakout or a further consolidation phase.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
BTC/USDT Decisive days for Bitcoin flag aheadBitcoin consolidates above the 30k line into a flag pattern.
Most of the time the true breakout occurs within the apex of the flag pattern.
We expect Bitcoin to break to the upside and continue its bullrun.
The 0.5 Fib did hold strongly during this crash and consolidation phase.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
DENT/USDT Recovery in sight. ATH is >4x away.DENT did find support near the old resistance line around 0.0025.
Back in march when this was broken the true bullrun for DENT did start.
Now it looks like we can recover from here and before we think about new ATH we have several new resistance lines to clear.
It looks like a good entry point.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
KEY/USDT Breakout of first downwards trendline. Recovery know?Not your keys not your crypto.
This is the message of KEY.
The idea of crypto is that you are the one in charge of your money and free to do whatever you want.
KEY did see a massive pump near its ATH followed by a major dump during the recent crash.
It's like buying at a discount level.
The first trendline of the downwards trend is broken.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
LIT/USDT Recovery signs with 2.5x potentialLitentry as identity provider has to have a bright future within the crypto space where some transaction have to be verified with KYC.
Currently we look for a breakout of the downwards channel.
Once we pull this off we expect a nice recovery.
News:
LIT was added to Binance flexbible savings.
Partnership with Imeplatform and Decredit
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
SUPER/USDT Healthy recovery for 5x move?Superfarm with its native token SUPER did bleed during this market dips.
It looks like we get a trend reversal.
We already broke the first upper resistance line.
If we get back to the previous ATH we could see a 5x from here.
The volume is increasing which is a bullish sign.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
BTC/USDT Update: Retesting the 0.5Fib and finding supportBitcoin stabilized between the 30k and 40k range and found support around the 0.5 Fib line considering a swing from march 2020 to march 2021.
The RSI is near oversold and the 30k area is a strong support range.
Most likely we will see some upwards consolidation towards the 40k line an break alongside the triangle of the violet line and the 0.3Fib.
The Fear and Greed Index shows 10 which represents extreme Fear.
We all know what this mean --> Be greedy if other are fearful.
Overall Volume is increasing which is a great sign.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
DREP/USDT Bullish Breakout of falling wedge. 5x PotentialDREP rallied towards its new tokenomics and did bleed since.
We now got a bullish breakout out of the falling wedge indicated by the yellow lines.
Wait for confirmation of a trend reversal. A bounce of the violet line would give us this confirmation.
Decentralited reputation system (DREP).
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
THETA/USDT: Finally a pullback for a new entry.THETA was amongst the best performing coins considering the last 12 months.
Finally we see some pullback for new entry opportunities.
The upwards moving trendline did act very well as support so far.
As gaming and streaming will become bigger and bigger also THETA is likely to increase in value.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
ADA/BTC Update: Cardano stays strong with its POSCardano broke out of the Head and Shoulders pattern early this year and formed a bullish continuation flag.
We did get the bullish breakout and did break trough the next two resistance lines.
During the market crash ADA dipped back to the 0.5 Fib line but mainly the 0.3 Line did hold.
Nearing the Goguen era with Smart contracts we look at a bright future where ADA hits new ATH.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
REEF/USDT Update: Testing old Resistance for new SupportREEF did bounce back from the support lines around 0.016$ and 0.023$.
We now look for a support around 0.03$ which was a previous resistance line.
REEF stalled during march and april so it has enough to catch up and we expect REEF to perform well during the next months.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
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.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.