ETHUSDT got a rejection from the Supply zone 🦐ETHUSDT got a rejection from the Supply zone so far. IF the price retest 0.5 Fibonacci level, got liquidity, we can see a nice brekout.
According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Resistances
The Hidden Divergence (2)Stock price and indicator have hidden divergence. Price is lower high, but indicator is higher high
Tips:
This is forex, not a stock. But the tips should apply as well.
2013 Nov 5, price and stochastic have a hidden divergence.
Stochastic is to value price momentum. Also can be treated as if stock overbought or oversold.
The divergence is a hidden divergence.
The hidden divergence means the price will continue the trend.
Here the trend is downtrend, means probably price will go down.
2013 Nov 5, stochastic showed overbought, possibly price go down.
The price also touched almost 50 ma, possibly price reverse down.
The price also touched almost resistance trend line, possibly price reverse down.
It is below 200 ma, should bias on downtrend. Plus this hidden divergence, it is a sell hint.
GBPUSD - W/C 15/03/2021Chart posted for me to monitor my progress each week as a new trader.
Sell at resistance and buy at support, if any of the trades go in -20pips exit and enter the reversal, this would be -20pips on the daily to allow for some wicking. Avoid if price opens through any entry when the markets first open.
All credit for chart layout and success to goes to Mario Sefa who is a brilliant trader, teacher and mentor. Make sure to follow him 😎
BTC - Price might struggle at $54k-56k zoneHi guys,
So, Bitcoin has had a green weekend and approached the $54k zone atm, which indicates a ~14% gain since the last long idea. In the last two weeks, we can see BTC touching and getting rejected at the $50k-52k zone and then successfully pumping through. Since we are hitting a considerable resistance zone at $54-56k right now, I anticipate that BTC is gonna follow 1 among three potential scenarios:
1. Green path: If the bullish momentum of BTC is still strong, the price could easily go through this resistance zone and target $60k, then $68k.
2. Yellow path: BTC price can cool down a bit, drop back to $50k-52k to retest the R/S flip (old resistance flips into new support) and also liquidate late longs before moving up.
3. Red path: Of course we cannot rule out the possibility that the pump since March 01 till now is just a dead cat bounce. If this is the case, I anticipate that BTC is gonna retest $48.6k, and then $43k if $48.6k could not hold,...
Given these possibilities, what I will do is: deleverage and holding coins only, wait for a retest at $50k-52k. If price retest and then bounce up, then add leverage again. If $50k fails to hold, I would like to be in cash and reevaluate the price action at that point.
Play it safe, guys.
ONTUSDT ( Resistance breakout )ONTUSDT (4H CHART) Technical Analysis Update
Resistance Breakout
ONT/USDT currently trading at $1.10
Buy-level: Above $1.10
Stop loss: below $0.96
Target 1: $1.33
Target 2: $1.55
Target 3: $1.75
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
My Long Term View on XAUUSD Gold has been declining for quit some time now,
it has broken so many unexpected levels.
Here is again another level I think might cause a heavy pull back to the top maybe up to 1942 and maybe to 2,200 - 2,230 after the next up trend price correction
What do you think about this analysis
its just my idea and not a financial advice
MATICUSDT Technical AnalysisGreetings,
In this chart you can see resistance is broken. The resistance level is now support level. you can open long position at the support level.
Don't forget money management and setting a stop loss
Remember: Risk of each trade is on your own
What's your opinion about this?
Comment down below
Thanks
EOSBTC is ready for breakout 🦐In our previous idea we waited for a short position IF the price should lose the support. The price bounced on it, and now want to have a new breakout. IF the price will have a breakout upward and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
TROY/USDT Climbs the ladderTROY/USDT shows an explosive growth over the last days.
Since we are only in the beginning of the bullmarket I assume it crushes the next upper limit shown by the orange bar and goes into price discovery territory.
The market cap with 15 million is incredibly low --> Possible Moonshot.
JUV/USDT Bullish Parabola incoming!JUV/USDT so far shows a typical Binance listing pattern where it peaks shortly after the listing and bleeds afterwards into a parabolic recovery.
The Juventus Fan token is capped by 20million tokens which isn't much at all considering the amount of Juventus supporters.
The support level is around 7-8$ which makes it a great entry at this very moment.
XLMBTC is testing daily resistance 🦐The price is testing again the daily resistance. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
ONEBTC is testing weekly resistance 🦐IF $ONE.X will have a breakout with Volume from weekly resistance, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
UNIBTC is testing 4h resistance 🦐$UNI.X is testing 4h resistance and daily support. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
UNIUSDT (UNISWAP) Will the bull run continue?UNIUSDT (1H CHART) Technical Analysis Update
Waiting for the Resistance zone breakout
UNI/USDT currently trading at $19.40
Buy-level: Above $20.70 (only buy after 1 h candle closes above 20.70)
Stop loss: I will update once I see the breakout
Target 1: $22.50
Target 2: $25.00
Target 3: $27.50
Target 4: $30.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and comment your thoughts.
MATICBTC had a rejection from Weekly resistance 🦐$MATIC.X had a nice bullish impulse due Nice news. The price had a rejection from weekly resistance and now the price is testing 0.618 Fibonacci level.
IF the price will have a breakout from weekly resistance, and flip it into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
XEMUSDT is ready for the breakout? 🦐$XEM.X is testing 1d resistance after the breakout from descending channel. IF the price will flip resistance as new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Testing resistance $TRIPVery strong breakout for NASDAQ:TRIP and now is testing resistance in $34. The RSI went to the overbought zone and now is back down. The price could go back a little more to test support on $31 and then continue the uptrend, depending on what happens I´ll buy more or sell, but the buying volume suggest that the trend will be respected. Right now I´m on breakeven so I´m not worried.
UNIUSDT is inside a descending channel 🦐IF $UNI.X will have a breakout from descending channel and from daily resistance, and turn it into new support, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.