STOP LOSS AND TARGETS FOR ADA / USDTHello everyone, let's take a look at the ADA vs USDT chart over the 4 hour timeframe. As you can see, the price is moving above the local trendline.
Let's start by designating the support line and as you can see the first stop is fate at:
SL1 - $ 0.5988
SL2 - $ 0.5688
SL3 - $ 0.5405
and
SL4 - $ 0.4986
Now let's move on to the targets that we can set for the nearest future:
T1 - $ 0.6527
T2 - $ 0.7121
and
T3 - $ 0.7979
Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy, while the MACD indicator shows that we have entered a local downward trend.
Resistance_level
SOL moves below the downtrend lineHello everyone, let's take a look at the SOL versus USDT chart over the 4 hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 39.26, if the support breaks down, the next one is $ 37.66 and $ 35.69.
Now let's move from the resistance line as you can see the first resistance is $ 40.57, if you can break it the next resistance will be $ 42.06, $ 43.49 and $ 45.69.
Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy, while despite the price fluctuations, the MACD indicator shows a local upward trend.
Fri 10th Jun 2022 AUD/JPY Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/JPY Sell. Enjoy the day all. Cheers. Jim
BTC short, interval 30mHello everyone, let's take a look at the BTC to USDT chart on the 30 minute time frame. As you can see, the price moves in the channel marked with the blue lines.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 30,119, if the support breaks down, the next ones are $ 29,721 and $ 29,204.
Now let's move from the resistance line, as you can see, the first resistance that price is currently struggling with is $ 30,253, if it can be broken the next resistance will be $ 30,501, $ 30,719, $ 30,925 and $ 31,215.
Looking at the CHOP indicator, we can see that at the 30-minute interval the energy starts to rebound, while the indicator shows that in the short term we are in a local downward trend.
BNB is fighting the resistance!Hello everyone, let's take a look at the BNB to USDT chart over the 1 day timeframe as you can see the price is moving above the local trendline.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 278, if the support breaks down, the next one is $ 264 and $ 244.
Now let's move from the resistance line, as you can see, the first resistance that price is currently struggling with is $ 289, if you can break it, the next resistance will be $ 298, $ 306, $ 313 and $ 324.
Looking at the CHOP indicator, we can see that we still have a lot of energy in the 1-day interval, while the MACD indicator shows that we are in a local downward trend.
BTC right on the support!Hello everyone, let's take a look at the BTC to USDT chart on the 1 day time frame as you can see the price is moving in the channel indicated.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 30,191, if the support breaks down, the next ones are $ 29,604 and $ 28,912 and $ 17,950.
Now let's move from the resistance line as you can see the first resistance is $ 30,448, if you can break it the next resistance will be $ 30,836, $ 31,207, $ 31,730 and $ 32,422.
Looking at the CHOP indicator, we can see that we still have a lot of energy in the 1-day interval, while the MACD indicator shows that despite the dynamic movements between $ 32,000 and $ 29,000, we are in the local upward trend.
BABA: Bottom's in, now what?The bottom formation is confirmed with rising Accumulation/Distribution and a nice, controlled base at the low. This is evidence of a Dark Pool Buy Zone, aka accumulation zone, where bargain hunting has occurred.
But a bottom formation is a sideways pattern first, before it becomes a sustained uptrend. Resistance overhead is strong, so swing traders should be planning their exit strategies at this time, to get out soon profitably if you took the trade as it moved out of the base. Position traders will have stronger entries with lower risk when bottoms breakout to "complete."
We have a market that is range-bound for most stocks, most of the time, which can be a difficult market for KEEPING profits.
Bottoms provide some of the most lucrative trades, but it's important to follow a set of rules according to your intent for the trade, to get the best results. You can learn more about this at my website.
ETH stays in the support zoneHello everyone, let's take a look at the ETH to USDT 1 day chart. As you can see, the price is moving below the downtrend line.
Let's start with determining the support line and as you can see the support that should be taken into account is the support zone from $ 1856 to $ 1694 in which the price is currently located.
Now let's move from the resistance line as you can see the first resistance is $ 2,153, if you can break it the next resistance will be $ 2,426 and $ 2,649.
Looking at the CHOP indicator, we can see that on the 1-day interval we have a lot of energy to make a move, while the MACD indicator shows an upward trend.
BTC continues the sideways trendHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 29,554, if the support breaks down, the next one is $ 28,889 and $ 27,922.
Now let's move from the resistance line as you can see the first resistance is $ 29,977, if you can break it the next resistance will be $ 30,430, $ 30,823 and $ 31,186.
Looking at the CHOP indicator, we see that in the 4-hour interval the energy has been used up and we start to collect new energy.
BTC broke the target short and fights with $ 31,822Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 31,100, if the support breaks down, the next one is $ 30,340 and $ 29,619 and $ 28,859.
Now let's move from the resistance line as you can see the first resistance is $ 31,822, if you can break it the next resistance will be $ 33,417 and $ 34,974 and $ 37,177.
Looking at the CHOP indicator, we can see that in the 1-day interval we still have a lot of energy to use, while the MACD indicator shows that we are in a local upward trend.
ETHUSDT is testing the 4h resistancesthe price tested the monthly support where the market got new liquidity as I told you in my previous idea.
Now the price is testing the 4h resistances, as you can see on the left, the price has several structures on that area.
How to approach it?
The price needs to create a new breakout from it, and retest the 2k resistance as new support, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
BTC accumulates with supportHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 29,683, if the support breaks down, the next one is $ 28,968 and $ 28,004.
Now let's move from the resistance line as you can see the first resistance is $ 30009, if you can break it the next resistance will be $ 30,476, $ 30,833, $ 31,222 and $ 31,751.
Looking at the CHOP indicator we can see that in the 4-hour interval some energy has been used up, but we have a little bit to continue the movement. On the other hand, the MACD indicator shows a local upward trend.
GST is nearing the exit of the channelHello everyone, let's take a look at the 1H GST vs USDT chart. As you can see, the price moves in the channel marked with blue lines
Let's start with the line of support and as you can see the support we can consider in the near future is $ 0.75.
Now let's move from the resistance line as you can see the first resistance is $ 1.04, if you can break it the next resistance will be $ 1.21 and $ 1.35.
Looking at the CHOP indicator, you can see that in the 1H interval some energy has been used, but we still have some energy for the next move.
GMT close to supportHello everyone, let's take a look at the GMT to USDT chart over the 1 day timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with determining the stop loss that we should take into account in the coming days. As you can see, we have a fixed 3 stoploss:
SL1 - $ 0.907
and
SL2 - $ 0.798
Now let's move on to the targets that we can take into account, as you can see the targets are at the price:
T1 - $ 1,027,
T2 - $ 1,165,
and
T3 - $ 1,279
Looking at the CHOP indicator, we can see that in the 1-day range we still have some energy for further moves, looking at the MACD indicator, we see that the blue line is getting closer to the red line when it crosses from the top, it will confirm the downward trend.
BTC price is based on support!Hello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support where the price is currently at is $ 29,519, if the support breaks down, the next is $ 28,833 and $ 27,866 and $ 26,650.
Now let's move from the resistance line as you can see the first resistance is $ 29799, if you can break it the next resistance will be $ 31764 and $ 33354 and $ 34944.
Looking at the CHOP indicator, we can see that on the 1-day interval we have a lot of energy to make the next move, while on the MACD indicator we see that the blue line is approaching the red one, if it crosses the red one from above, it can potentially give a local downward trend.
BTC a lot of energy in the 1D intervalHello everyone, let's take a look at the BTC to USDT chart on a 1 day time frame. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 29,288, if the support breaks down, the next one is $ 28,405.
Now let's move from the resistance line as you can see the first resistance is $ 30,029, if you can break it the next resistance will be $ 30,484 and $ 30,848, $ 31,186 and $ 31,745.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1-day interval, while the MACD indicator shows that we are in a local upward trend.
GST is based on supportHello everyone, let's take a look at the 1H GST to USDT chart. As you can see, the price moves in the channel marked with the blue lines
Let's start with the designation of the support line and as you can see the first support where the price is currently at is $ 0.99, if the support breaks down, the next one is $ 0.75.
Now let's move from the resistance line as you can see the first resistance is $ 1.34, if you can break it the next resistance will be $ 1.70 and $ 1.99.
Looking at the CHOP indicator, we can see that in the 1H interval, some energy has been used.
LUNA with the support of.Hello everyone, let's take a look at the LUNA to USDT chart on the 1H interval. As you can see, the price is close to the top exit from the blue line channel.
Let's start with the designation of the support line and as you can see the first support is $ 7.14 where the current price is, if the support breaks down, the next ones are $ 6.93 and $ 6.74, $ 6.57 and $ 6.31.
Now let's move from the resistance line as you can see the first resistance is $ 7.73, if you can break it the next resistance will be $ 8.25 and $ 8.77 and $ 9.54.
Looking at the CHOP indicator, we can see that we still have spopro energy on intervale 1H, while the MACD indicator shows that we are in a local uptrend on a small interval.
BTC on support at $ 30,167Hello everyone, let's take a look at the BTC to USDT chart over the 1 hour timeframe. As you can see, price is moving above the local uptrend line.
Let's start with the designation of the support line and as you can see the first support is $ 30,167 where the current price is, if the support breaks, the next is $ 29,996 and $ 29,869 and $ 29,724.
Now let's move from the resistance line as you can see the first resistance is $ 30,502, if you can break it the next resistance will be $ 30,873 and $ 31,225 and $ 31,749.
Looking at the CHOP indicator, we can see that we have a lot of energy in the 1 hour interval, while the MACD indicator shows a local upward trend.
Gold formed a bearish descending trianglePrice action around 1867.64, which represents 38.20% Fibo from the decline that began on April 18th, is bearish.
Price formed a descending triangle and broke below levels of support 1840, indicating that the decline will continue.
However, due to weak momentum on shorter timeframes, we may see a pullback to test 1840 as resistance levels (where we could short) to 1780 dollar targets.