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🆓SafePal (SFP) Mar-04 #SFP $SFP The buying is still being pushed into the SFP, now the $0.7 zone is the key support of the SFP and in the next few days it can at least move to the $0.85 zone and the target of this rally is the 1.2$ zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.7$ zone 🔴Buy : 0.7 🔴Sell : 0.85 - 1 - 1.2 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.7$ zone 🔵Sell : 0.7 🔵Buy : 0.6 - 0.5 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
2
EDUCATIONAL POST (SFP - Swing failure pattern) 📊📈 SFP: swing failure pattern Swing failure Pattern is a common trading setup that is highly respected and repeated frequently. It is used to identify lack of buy/sell pressure when a trend is being broken. What’s in the name? 👉 When the markets are trending, they tend to make swings. These are associated with ABC patterns (see image above). 👉 In this scenario the market would continue the trend with the C leg and make new candles above/below the level created by the A leg (dotted line). 👉 The trend continues. 👉 But, as the name Swing Failure suggests this doesn’t always play out and the market fails to continue the swing . 👉 We break the A level, but cannot close the candle above/below it. --> This results in a move to the opposite way and reversing the recent trend (red arrows). The first important thing to spot are the “Key highs/ lows” . They are points from where a price following a trend reverses or starts ranging. Are explained earlier, these points create liquidity (volume), which we want to see swept in order to enter our trade setup. Confirmation of the pattern is after the candle closes! I prefer to wait for confirmation of the “sweep” candle to take the trade. Hope some of you found this usefull. Oli
by theGOATofCrypto
2
Bitcoin - Time for a Higher LowBitcoin has given us a a 40% rally from the lows in this most recent correction. Market structure has shifted bullish by giving us a higher high. We have not yet been given confirmation with a higher low. It has formed a daily SFP (Swing Failure Pattern) by wicking above previous structure and closing below as a bearish hammer. This is a perfect opportunity to fill some structure below and give us a higher low. Targets I am looking for a bullish pullback to are as follows: Light pullback @ 40-42k Deeper pullback at 38-39k This idea is invalid if we begin to close the daily above $44,500 - we likely continue higher if so. In times like this it helps to zoom out - $BTC is in a macro correction that cannot be properly traded on a 15 min chart. Long term swings need long term charts. I am still macro bullish on this asset class - but a 40% rally needs to fill some inefficiencies before it can move higher. - Will, OptionsSwing Analyst
Short
by optionsswing
1
💡Don't miss the great buy opportunity in SFPUSD @iSafePalTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8453). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SFPUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 66. Take Profits: TP1= @ 0.9844 TP2= @ 1.1044 TP3= @ 1.2095 TP4= @ 1.3789 TP5= @ 1.4976 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
2
💡Don't miss the great buy opportunity in SFPUSD @iSafePalTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8453). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SFPUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 66. Take Profits: TP1= @ 0.9844 TP2= @ 1.1044 TP3= @ 1.2095 TP4= @ 1.3789 TP5= @ 1.4976 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2