GOING LONG IN ETH BY TRADING STRATEGYBullish Indications
1. Three White Soldiers
2. A good/significant support area where the price bounced back 3 times
3. A good resistance level of 0.236 fib level
4. 4 times out of 7 years December remains bullish
5. Bullish Shark Pattern
6. Bullish ABCD Pattern
Bearish Indications
1. Lower Highs and Lows
Soldiers
GOING Long in CADJPY Trading StrategyBullish Indications
1. Tweezer Bottom and 3 White Soldiers
2. Tested Strong Support
3. Bullish AB=CD Pattern
4. Bearish Trend is Mature Enough
5. Need to Break Resistance Upper Trend Line
6. Found a very strong bullish divergence on 1D
7. Falling Wedge
8. 11 out of 16 times remain bullish
Bearish Indications
1. Lower highs and Lows
2. If it breaks support then we can enter
Seasonal Data 2006-2021
Dec-06 => Green
Dec-07 => Green
Dec-08 => Red
Dec-09 => Green
Dec-10 => Green
Dec-11 => Red
Dec-12 => Green
Dec-13 => Green
Dec-14 =>Red
Dec-15 => Red
Dec-16 => Green
Dec-17 => Green
Dec-18 => Red
Dec-19 => Green
Dec-20 => Green
Dec-21 => Green
ADAUSDT 0.32$ soon? 🦐$ADA.X after our previous idea , the price starts with a very nice bull run. The price should touch at 0.32 soon.
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.
Rising Wedge? Or 3 Green Soldiers? Bear/Bull cases for btcShown here on the 4hr chart is a potential rising wedge we may be in. Those tend to break downward....the potential bear flag we were in we seem to have broken upward from but with the current lack of bull volume to go with that break up we now how to explore other patterns. One is this current rising wedge we are seeing on the 4hr which tend to break bearish. However, we also seem to be forming a 3 green soldier pattern on the daily chart which tends to signify a trend reversal and would be bullish, I'm optimistically bullish for now but am keeping the rising wedge breakdown possibility on the table just in case my bullish bias doesn't pan out. I will post a daily chart snapshot below this so you can see the bull pattern as well. Thanks for reading!
Steem important support level low risk to high probable profit We can clearly see here two very important levels to watch for( marked with two parallel black lines). Level around 0.00013555 which was created by double bottom in the November last year. Above it around 0.00015000 level pair was holding for a while between the end of the December and beginning of the January. Mid of February level was broken and the pair went south very quickly just to rise up in mid March with very high volume. Pair for the last 16 days is testing support around these two levels. I marked three soldiers formation with blueish rectangle which is suggesting trend reversal.
I think it would be reasonable to set SL just below lower level.
TP area would be around last high around level 0.00032000 or you could just wait some time till the pair will reach 200 ema which should bring some interesting price action. I would definitely close position when the pair will be close to the 200 ema.
GBPAUD double bottom and very harmonic three soldiers formationHuge doji candle formed in October stopped losses, then in next 5 moths pair created interesting formations close to 1.6000 three soldiers followed by double bottom. I put TP very high based on my personal calculation in relations to the three soldiers formations. GBPUSD rebound from all times low at 1.2000 which in my opinion will put pound in bullish mode for some time. It is long term position but I think it could trigger TP or SL in relative short time. If the pair will follow my idea I would suspect some side movements close to the 200 ema.
Namecoin / Bitcoin bottomed at 0.00020000 I did choose this cryptoccurency because chart looks interesting to me.Since December is consolidating around 0.00020000. I see here potential for good risk reward ratio. Pair bounced nicely from mentioned level, we have three soldiers formation on 4H, triple bottom, and GAP on daily chart.