CHZUSDT 30M - Targets and StoplossHello everyone, let's take a look at the CHZ 30M to USDT chart as you can see that the price has moved above the local downtrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $0.1626
T2 = $0.1656
T3 = $0.1687
and
T4 = $0.1706
Now let's move on to the stop loss in case the market goes down further:
SL1 = $0.1609
SL2 = $0.1601
SL3 = $0.1594
and
SL4 = $0.1588
Looking at the CHOP indicator, we see that the energy has been exhausted on the 30M interval and is slowly rebounding, while the MACD indicator indicates that we are close to confirming the trend change to an upward one, however, looking at the volume despite the visible green candles, we see that it is very low compared to the red candle.
Short-term
Apt usdt short sell idea Greetings from Team : Trading The Tides.
lets discuss a short sell oportunity on (APt usdt )
Target area for initiating short :5.4
DCA Limits : 5.5
TP :5,4.8,4.3
SL : 5.63
Hold Time : short- medium term
Technical Chart Pattern: Almost at distribution zone , divergence on 30 min tf
Posible liquidity area : 5.55-5.6
Exchange:Binance
Rules :
We use big capital with less leverage .
Max leverage : 3x
Better take trades with 1x.
We only post the exact setup we are following for the trades .
But DYOR .
Not a Financial Advice !
From Team :
Trading The Tides
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Thanks a lot and see you soon on the next trade .
ETH / USDT 4HChart - Targets And StopLossHello everyone, let's look at the 4H ETH to USDT chart as you can see that the price is moving above the uptrend line.
Let's start by setting goals for the near future that we can take into account:
T1 = $1272
T2 = $1281
T3 = $1310
and
T4 = $1355
Now let's move on to the stop loss in case the market goes down further:
SL1 = $1261
SL2 = $1251
SL3 = $1241
and
SL4 = $1233
Looking at the CHOP indicator, we see that on the 4H interval, some energy has been used, but there is still some left to continue the movement, while the MACD indicator indicates a local downtrend.
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has fallen below the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $16919, if the support is broken then the next support is $16825, $16688 and $16512.
Now let's move to the resistance line, as you can see the first resistance is $17206, if you manage to break it, the next resistance will be $17398, $17558 and $17710.
Looking at the CHOP indicator, we see that in the 4-hour interval, most of the energy has been used, the MACD indicator indicates that we are close to entering a local downtrend, while the volume showed a decreasing candle on the sellers side, and the new candle is starting to glow green, however, the volume is very low .
DASHUSD - Short - Retrace possibleOn the chart we can see the price is currently overbought. The three indicators are suggesting the price is in overbought condition and is likely to go down.
This is a short-term setup and the profits could be taken at the target. The three indicators used are Bollinger Bands, RSI and Stochastic.
See all further details on the chart.
Goodluck!
Daily review of BTC interval 4HHello everyone, let's look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price has left the triangle sideways and is currently just above the local uptrend line.
Let's start with the support line and as you can see the first support in the near future is $16727, if the support is broken then the next support is $16451, $16234 and $16015.
Now let's move on to the resistance line, as you can see the first resistance the price is currently fighting is $16967, if you manage to break it the next resistance will be $17352, $17649 and $17964.
Looking at the CHOP indicator, we see that in the 4-hour interval we have a lot of energy for the next move, while the MACD indicator indicates that the blue line is above the red one, which confirms the maintenance of the local uptrend.
XPTUSD Possible short term bearish moveIn the monthly the price is testing a Supply zone. We could expect a move to the downside.
In the weekly the price is over extended. Also, the price is testing a supply zone which means that a possible move to the down side is coming
In the Daily the situation is the same. The price is over extended and rejecting a supply zone.
All the Higher time frame are in confluence for a bearish move.
BNB / USDT 4H INTERVAL, STOPLOSS AND TARGETSHello everyone, let's take a look at the 4H BNB to USDT chart as you can see the price is moving above the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 309
T2 - $ 317
T3 - $ 323
T4 - $ 329
and
T5 - $ 338
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 289
SL2 - $ 274
SL3 - $ 262
and
SL4 - $ 250
Looking at the CHOP indicator, we can see that in the 4H interval, most of the energy was used, and the MACD indicator shows a local upward trend.
CRO / USDT 4H Interval- Targets and StoplossHello everyone, let's take a look at the 4H CRO to USDT chart as you can see the price has returned to our downtrend channel.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.106
T2 - $ 0.115
T3 - $ 0.123
T4 - $ 0.129
and
T5 - $ 0.139
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.087
SL2 - $ 0.075
and
SL3 - $ 0.061
Looking at the CHOP indicator, we can see that in the 4H range the energy has been exhausted, while the MACD indicator shows a local downward trend.
Visa $V Rejecting off top channel resistance -- BearishGiven FOMC is behind us now and the market is most likely following another leg down I'm expecting a top line rejection off of the large channel on the daily.
Rejected off the 200d MA of $218.11. Expect continuing rejection if we get a dead cat recovery at this point, but ultimately I see this impulse retracing back down. Notice the W pattern several bars before with a clear rejection off the top resistance with the large wick a few days prior.
MACD is making lower highs, RSI is coming back down and about to cross the signal to the bearish side. Stochastic is losing steam as well starting to fall from overbought territory. VI+ looks like its done making an engulfing void to the upside, which indicates that a reversal pattern with VI- is probably around the corner. TTM squeeze looks like its starting to apex as well.
Looking at the fib retrace from the previous low to high, and also following an extension downwards from previous high impulse to recent low and recent high we are looking at support levels of 0.236 at ~ $202.81 and 201.26 which is more or less where current price action is. Therefore expect the next couple of fib supports/resistances to be hit on both the retracement as well as the downward extension.
Retracement supports are as follow --
0.382 $194.42
0.5 $193.06
0.618 $188.70
Fib Extension resistances are as follow --
0.382 $194.91
0.5 $189.79
0.618 $184.66
Looking at the volume profile we see a good shelf of support up to the 0.5 fib extension.
Look for downward movement over the next 6 daily bars (10 days). Price action must clear the support shelf at $200 to continue downwards, otherwise expect sideways action between $200-203.
PT1: -6 pts -2.99% to the 0.382 extension ~ $194.91
PT2: -11.11 pts -5.33% to the 0.5 extension ~ $190 -- I think this is where $V will find support and probably start heading sideways.
Max PT: -16.11 pts -8.03% to the 0.618 fib extension ~ $185 -- Long shot, will have to continuously monitor to see how we move along with the macro and how the volume profile shapes up over the next few days.
Stop loss: ~$203.50 +1.53% from current action -- This would be the last stop on the volume profile upwards where the next would be a gap towards the upside.
EURUSD I 30 min breakout I SHORT!
Welcome back! Let me know your thoughts in the comments!
**EURUSD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Daily review of BTC interval 4HHello everyone, I invite you to the BTC to USDT review for four hours and as you can see we are moving above the local uptrend line.
Looking at the next hours, maybe days we have a support zone from twenty thousand six hundred fifty one dollars to twenty thousand four hundred twenty two dollars, if this zone is broken the next support is at a price of nineteen thousand seven hundred sixty seven dollars.
Looking the other way, we have a resistance zone from twenty thousand nine hundred and twenty dollars to twenty one thousand one hundred and seventeen dollars, then we have resistance at twenty one thousand two hundred ninety seven dollars and twenty one thousand four hundred sixty eight dollars.
At the four-hour interval, the chop index indicates that the energy has been used and is slowly starting to increase, while the makdi indicator indicates a local downward trend.
Daily review of BTC interval 4HHello everyone, let's take a look at the BTC to USDT chart over the 4 hour timeframe. As you can see, the price is moving above the local uptrend line and locally in the small downtrend channel.
Let's start with the designation of the support line and as you can see the first support in the near future is $ 19.07, if the support breaks down, the next support is $ 20,026 and $ 19,810.
Now let's move from the resistance line as you can see the first resistance is $ 20,357, if you can break it the next resistance will be $ 20,512, $ 20,645 and $ 20,766.
Looking at the CHOP indicator, we can see that in the 4-hour interval we have a lot of energy, and the MACD indicator shows a local downward trend.
XRP in the short term 2022We are seeing a lot of pressure in conventional markets along with commodity markets with all the inflation and recession numbers involved. With FED moving forward with strong interest rate hikes well into 2023 I can see serious pressure on the XRP price given that there is still no settlement for 2022 or the end of the case until 2023. Fibonacci levels all the way down to $0.3693 and using curves to see the possible path for the XRP price in the short term. If these price points become reality it will become beautiful opportunities for cost averaging and taking advantage of low entry points.
DXY I Short-term Short from Resistance Welcome back! Let me know your thoughts in the comments!
**DXY - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy