Bounce from here?Going to keep this simple. TSLA Bounced multiple time off the .0786 and even though the more a support is tested the weaker it gets, i think going long with a stop under the wicks would be smart. NFA
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Rnaofs
Did Someone Say SUPPORT ZONE!?!Amazon is currently at support and there is a higher probability price moves up from here...
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TSLA Major Confluence Long Signal!Going to keep this simple. We have a touch on the bottom of the descending parallelly channel, a major horizontal support line, and the golden pocket. This is a very bullish setup for TSLA to bounce. Stops should be placed below golden pock with the right position size and risk management to protect your account incase the bears manage to push the price through this major support.
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Another Rejection?!?!?If history will repeat itself based on this trendline then we know how to position ourselves with proper risk management. Levels are mapped out if we get another big correction.
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Let's see what happens next!At a current support zone right now. I can see a dump to the lower line first before a scalp-long plays out. Let us see.
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BB Looking Bullish At Support!BB is currently at support and it looking to move higher. Stop loss should be set below the support box which is a clear invalidation. ES1 & S&P500 are currently looking bearish on the higher TFs but a quick pump can happen before the higher TFs play out.
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LINK MAJOR ACCUMULATION HAPPENING!LINK has been in a major accumulation zone since May 2022. The range is currently between $5-$9. Once this range is broken with a bullish continuation PA we can say goodbye to these levels. I believe most of 2023 we will play around with the highs of these levels if we do manage to breakout but this is clearly institutions loading up their bags and waiting for the market to move up. If we break below, this will be an absolute massive resistance to try and break through. The volume at this level is huge. Let us see how the next few months play out.
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Pre-Pandemic Level Incoming!!All markets are targeting the levels they were trading at right before the PANDEMIC CRASH!
Keep in mind these were the natural levels that were unaffected by the massive supply of funds that were injected into the economy. It only makes sense that we reach those levels again for an official reset. LEVEL SHOWN!
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Pre-Pandemic Level Untapped!!All markets are targeting the levels they were trading at right before the PANDEMIC CRASH!
Keep in mind these were the natural levels that were unaffected by the massive supply of funds that were injected into the economy. It only makes sense that we reach those levels again for an official reset. BLUE LINE!
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FTM Looking to move Higher!?When taking a look at FTM on the 4hr timeframe, we can see that it has found support around .22. I went ahead and marked out the most important levels to trade. If we lose this support, the next key support is 12% down. LONG supports, SHORT resistance!
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Link Currently At Dynamic Support!When taking a look at link/usdt on the 4hr TF we can see that it is currently at a dynamic support level which is the diagonal line shown. We can anticipate a bounce here as long as BTC does not continue to dump.
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Rejected! Next Stop Point Of Control!When taking a look at the S&P500 on the Daily TF, we can see that there was a clear rejection from the Volume area high (Blueish line above). The next stop will be the point of control (Red line). Most of the market does follow this chart so before you short, double-check their chart.
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BTC Will Have To Make A Big Move Tomorrow. No More Time Left!When looking at BTC on the Daily timeframe, we can see that it has been trading in a descending channel since March 2022. Every time the price moved down, it consolidated into a bear flag pattern which eventually was followed by a downward move as expected when that pattern is printed.
When looking closer at this channel, we can see that BTC is starting to print a new candle and coincidently, it opened up inside the channel. This can only mean three things...
1. There's no time left before a bearish or bullish decision needs to be made.
2. BTC will have to break through the powerful channel with a bullish move.
3. BTC will have to dump lower to remain in the channel and most likely continue another bear flag pattern at a new low or a quick wick to a new low.
The CPI numbers were released at 9.1% and the whole planet is extremely bearish. Usually, when everyone's bearish, the opposite tends to happen, like what we witnessed today resulting in the crypto market pumping.
I can't say I know for sure what will happen next but the day opening where it's at right now can either be a great breakout entry opportunity or a great short opportunity with tight stops. If we do manage to break through the channel, I can see a steady rise to the next dynamic resistance shown as the yellow dotted line, and once again coincidently, that's around 28k.
Let's see how this plays out.
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ADA Bullish 50% Set-Up!!!ADA is currently still trading close to the bottom of its range. When this coin decides to get bullish , a 50% gain can and I think will follow to the top of the range as long as BTC continues its bullish momentum. ETH seems to be the one leading this current rally. IMO this is a great entry price for ADA.
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XLM BROKE INTO NEW TRADING RANGE!! XLM just did a S/R flip and since it is trading above resistance, i can see a strong pump coming. Manage your risk and this can be a fruitful LONG! Lets just hope btc doesnt dump....
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XLM 25% or 50% Gain Bullish Set-Up!XLM is at major support and right now is looking like a perfect place to enter a long position! You can enter now or wait for the diagonal line to be broken and retested to enter a long position. If both targets are hit 50% gain incoming.
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15% Short Trade Set Up!Since support failed we can see a back-test of the S/R line happened and it is now looking like a short position will be best in the short term. Stop above the S/R line. Targeting $17 then $16.
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Avalanche Trade Set Up! 16%+AVAX is currently trading right above a nice support level. This is looking like a decent area to enter long for a quick scalp. If the next resistance hits, that's a 16% gain. Remember to use a tight stop-loss and manage your risk.
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LINK Trade Set Up 16% Pump!Link Is right above support and as long as BTC remains short term bullish, I can see LINK pumping my target around 16%. Remember to use a tight stop-loss and manage your risk in case the trade moves against us.
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Use This Range To Make Money! Hello Traders & Spectators,
I went ahead and charted the major support and resistance zones. Once these zones are reached, Short or Long with a tight stop and hopefully the trade goes in your direction!
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Price Moving Into Resistance But Still Looking Bullish!Hello Traders & Spectators,
LCID has fallen a lot in the past few weeks like everything else but has found a temporary bottom and is now looking to move higher. It is now at a major resistance that it hasn't been able to pass previously but since this resistance has been tapped so many times, that means it is getting weaker. A relief pump seems to be unfolding and ii can see prices pump to the dashed lines above. What do you think?
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Possible RoadMap For BTC! Will It Play Out?Hello Traders & Spectators,
When looking at BTC, we can see that it is currently trading in a range similar to the one right before the last sell-off to the 17k zone. I went ahead and did a fractal to see how this may play out in the upcoming weeks. So far, it's very interesting how close the candle patterns are. This should be fun to watch over the next few weeks and tbh I wouldn't be surprised if it plays out exactly. My target is 13k. This fractal shows 9k... Not impossible with today's geo-political issues and mass liquidations and stopped CENTRALIZED Exchanges. NOT YOUR KEYS, NOT YOUR CRYPTO.... right?
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7% Channel Swings!BTC has been trading in a tight channel for over a week. I enjoy these ranges because it's easy to swing trade. Set your supports and resistance levels join a trade with a tight stop and if you're able to, set your take profits. If you're confident in your trade you will let the charts do the work and you will either get stopped out or secure profits.
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