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BTC/USD ShortQ2 5-19-K22 We have a potential short opportunity. If Bitcoin fails to hold its 30K level with declining volatility. Then, we may see a correction back to 25K to validate or Invalidate the next level of psychological support. In terms of a ''short'' context that is. (Note) Please do your DD before application of a position. This is Idea is highly aggressive and vouched for by @Ra_way leader of the guild. BINANCE:BTCUSDT THI$ I$ THE WAY EN -30,455 SL- 32.5K TP 1 - 27K TP 2- 26K
OKX:BTCUSD.PShort
by Ra_way
1
29 -> 35-40 (max) -> 23 We haven't seen a SFP and "just" bounced o f a HTF Daily support level. Should we reject from the W (yellow, dotted since traded), I expect another leg down into the 1:1 trend based fib extension. However, flipping that W(eekly) S/R Level into support, should bring us up to 35, if not 38. Unlikely, but possible, the highs around 40k could be taken too, while I believe they serve better for a re-visit at alter point - sometime... Ensure to add VPFR(s) to get VAL/VAH/POC on this "bounce". Long story short: I can see some relief but doubt the bull market is back and expect lower - rather sooner than later. Note: I am sharing my personal point of view based on my own analysis - which is a lot more in depth than shown on the chart(s). The mix between a "simple" Chart while still providing enough context to make sense of it is a matter of taste. Like it or not. However, I, personally, "hate" those people throwing a line on the chart leaving the audience in doubt completely. I don't care if I am wrong or right. My plan could change within 15 minutes without me sharing an update. Therefore take this is an idea rather a setup. In no way, I am sharing any kind of financial advise.
BYBIT:BTCUSD.P
by nl8
Long Scalp SPX/SPY May 04 2022We can see based on the yearly volatility , that the current expected movement is around 1.75 - 2% +- Our top is going to be 4250 Our bot is going to be 4075 From the technical analysis point, Volume was broken on the top side above 4150 and 4175 (yesterday and today POC volume) so thats a strong momentum indication for long opportunity. At the same time we can see that on 15 min we got a long entry at 4155 I believe we can go towards 4200 minimum From fundamental point of view We have the PMI release and later on today we have FOMC -> interest rate decision. This last movement is the one that bring the highest amount of volatility possible. So I strongly recommend you to be out of the position before that happens, and once the market stabilize and takes a direction, re enter again.
CME_MINI:ES1!Long
by exlux
Eth usd 29 April 2022TOP Side = 3000 - 3050 according to Implied Volatility and ATR BOT Side = 2820 - 2775 according to Implied Volatility and ATR Expected movement at 28April 00h between 3.5 - 5.5% movement during the day In terms of fundamentals that can affect BTC In terms of technical analysis, our product ONE TOOL TO RULE On 4hours, or calculus product gave a short at 3020 on 22April For 10 min ONE TOOL TO RULE gave a short entry around 2920. At the same time we can see that main concentred volume area is around 2920, 2nd level 2940 and last one 3000. So overall there is not so much interest above these points Conclusion: After the "rally" from yesterday, once we hit close the 3k area, we see how the market started to bounce so I believe today we are going to have a continuation of that short movement,and close around 2900-2850(or below)
INDEX:ETHUSDShort
by exlux
AMC Major Upwards Movement SoonA lot of AMC apes are worried about the day-to-day price movement. In my opinion, as long as it doesn't drop below 14.50 for more than a day, I'm hyper-bullish on a run up between now and the start of August. Keeping calm and accepting that this could take a couple more months before it blows will do wonders to investors' mental health. Stop worrying about little drops. The stock is still within it's descending triangle. Soon, but not that soon we will break out. Be smart. Be patient.
NYSE:AMCLong
by BakedSpud32
1
What is a breakout? #breakout #Candlestick #TA #Tocademy Hello. This is Tommy. The lecture material I prepared today is a concept that must be well informed by TA(Technical Analysis) traders, especially in recent market where untraditional patterns, price actions and trends, as we call ‘scam moves’ occur all the time. I bet you are familiar seeing retail traders or chart analysts shouting “breakout!”. In order to derive market trends and price action/momentum, we find millions of technical variables such as trendline, channel, Fibonacci retracements, pivot levels, and other indicators, etc. Then we seek for behavior of price action by observing whether these variables are kept valid (not broken) or become invalid as soon as they are broken. Understanding and utilizing this behavior, we make trading decisions by deducting optimal zones to enter position(support/resistance), set stoploss/target price(bottom/top), and statistically giving weights on particular scenarios. In TA world, breakout means that the price has pierced through certain variables. It is commonly known that when the technical factors are broken, additional price momentum is expected towards the direction of the breakout. As the example above, let’s say that we found a falling trendline that are being formed, meaning that at certain point or area, trendline keeps pushing the price down forming LH(Lower High)s. As soon as the price pierce through the trendline, meaning that the trendline failed rejection, we say “trendline is broken above” and can expect more bullish rally. The direction of the trend would be vice versa when trendline under the price is broken below. So, we buy when PA is broken above and sell when PA is broken below. That sounds so simple huh? If it was that easy, everyone would be rich right now. I'm sure most of you reading this post are already aware that it's never easy. Why? It’s simple. In this world, there is no such thing as 100% “breakout”. To put it simply, everything we do based on the technical chart is somewhat relative, abstract, and subjective concept. It’s not like breakout has 100% succeeded, or failed but rather is more like breakout has succeeded in 60~70% chance. In other words, there are more than two possible future cases when we search and utilize breakout behavior. So, we traders need a reliable standard to statistically quantify the ‘degree of breakout’. The most basic way according to the ‘textbook’ is to consider closing price of candlestick firstly crossing the variable. As the price of the candlestick closes above the trendline as case 3, we give a decent weight on breakout scenario. However, case 2 is the one that confuses us every time. This is when the price did pierce through the trendline but closes below, usually leaving a long tail as a trace which sometimes is interpreted as a whipsaw. As soon as this happens, we have to admit that the chances and reliability is definitely lower than the case 3. It might be regarded as a false breakout or a noise if the trend continues afterwards and it might not actually. It’s a 50:50 call I would say. When you encounter case 2, to give you a little tip, try waiting a little more to observe next following candles. If the next following candlesticks keep closing prices below, I would raise the probability that the breakout is a false one. In fact, it is best to just not give any meaning on breakout in case 2. It itself is a risk to confirm whether the breakout is successful, not successfully, or false and thus try not take aggressive trades in this very case. Thank you for reading my posts. Trade Well! Your likes, comments, and subscriptions are the greatest motivations for me to upload more posts.
BITMEX:BTCUSD.PEducation
by Tommy_Trader
192
AllianceBlockWell shit. There isn't much to say here folks. However, it has pretty much reached rock bottom, only way is up. + Albt moves similarly to Btc therefore it should see a pump very soon, just a matter of time. Again, even if it doesn't pump anytime soon, i'm personally in this coin for the long term. I'm just gonna try trade it to increase my bag. RSI definitely has room to go up = market up. LongShort ratio is at 37:63 = market up. Macd looks like it's about to cross up. S&R well.. its rock bottom lmao. where else is it gonna go? #LAMBOINAUGUST
ALong
by alzweidi
1
VXV price movementVXV lately been sh##ing the bed. However, i believe this is upside for it. Easily retrace to the 15s + -20s + mark. RSI looks undervalued quite a bit Long:Short ratio is at 36:64, meaning more people shorting and selling = market trend is up ^^^^ MACD is bound to reverse up. The chart itself, S&R is positive in my eyes. We might hit the 1.8s before breaking 2.2s This is more of a long term coin i'm personally holding but i'll be selling and buying to make my VXV bag bigger.
Long
by alzweidi
$omi buy zoneThesis: Using Elliot wave theory from our 1-5 correction with a trend-based fib from 1-2 we've retraced back down to our 1.618 level. That level is also shown in the past looking at our green box to be a clear area of support. Using a trend line from Jun 2021 if we look at recent price action it lines up with the idea of this being a local bottom. I personally bought $350 @ 0.00285 and will be buying another $350 if we can reclaim support above our resistance line from March 2021.
OLong
by isaiahescobarrr
Chart Analysis is not a gambling! Reason why TA is greatHello traders. This is Tommy. Today, I prepared the most basic and at the same time essential materials that every trader should know. Trading is literally the act of exchanging or trading something with a certain value. If we look at the history, we humans have always traded something within the social community from the Neolithic Age to develop into a better civilization or for individual survival when we have enough food or assets. When the surplus accumulation and self-sufficiency economy due to food production was formed, even before the concept of currency or money, buying and selling (trading) was always with us. But when we trade, it is not a reasonable thing to do if we lose money when you buy or sell something, right? We humans have always traded at a value or price that is commensurate with supply and demand, within this immutable fence. And we, who are full of greed, have been trading in such a way as to somehow benefit ourselves a little bit more. In a way, I think this is the basic idea of capitalism. Anyway, our ancestors naturally oriented trades for profit, sometimes seeing losses and sometimes profits through these transactions. And suddenly realized. “Ah, the quantity demanded, and the quantity supplied change over time. Because of this, all objects in this world, even abstract ones, change in value over time. Oh, I can make money if I use this well?” A culture of profit taking has naturally been formed thanks to those who possess the temperament of smart entrepreneurs. In this way, the economy and financial markets were eventually born, and several market participants came in for the sole purpose of generating profits, that is, for investment purposes. People who have properly understood the market principle of supply and demand have been trading with certain standards to make money with it. Some people can trade by the weather (buy when it's sunny, sell when it's raining), some by rolling the dice (buy when it's high, sell when it's low), and someone just by feeling. Of course, economists studied after realizing that trading on unreliable and absurd standards would eventually destroy them. And realized it. “Ah, let’s find the right standard to set the standard. From what I've seen so far, does it make money by trading based on the information about the product and the value of the product that changes every moment? Let’s dig into it properly!” And they created a great science. Analysis through information, Fundamental Analysis (FA), analysis through charts, that is, past transaction data, and Technical Analysis (TA: Technical Analysis). FA is an analysis method that determines whether a product's current intrinsic value is overvalued or undervalued. For example, when we want to invest in a company, that is, if we want to buy shares or stocks in that company, we must first estimate the company's growth potential and potential, right? To do this, you must make a final investment decision by referring to the company's financial indicators, good news/bad news, past asset/revenue growth rates, etc. On the other hand, TA is a method of making investment decisions by referring to various theories and indicators with meaning in charts that intuitively show past price movements and momentum. Of course, it would be the best to do both FA and TA, but in these days, retail traders and individual investors, like us, have time/technical limitations to receive information, analyze it, and immediately reflect it in investment. It is not enough that there are various kinds of false information to deceive the traders, and even if it is reliable information, it is highly likely to start at a loss even if it is received a little later than others. It is useful to spot large market trends in the long run, but when this information reaches the public, it is likely that it has already been priced in by institutions (Big Parties). Without huge information power or a computer that can perform FA quickly and accurately, it is difficult to survive in this market with only FA. There is a risk that is too great to carry out an investment with only one FA standard. Therefore, to make a successful investment decision, you need to find a more precise trading position through TA, and in the end, if you are a skilled investor, you must learn TA. The dictionary meaning of TA is known as a technique for predicting future market trends by examining a tool called a chart that digitizes the overall price volatility and momentum of a product. I'm someone who doesn't fully agree with this meaning. The term “prediction” itself is a very dangerous word. Even the most talented investors in the world cannot predict future prices unless they are gods. Technical analysis is closer to the realm of response than prediction. For this reason, our traders look at the charts and always have various possible scenarios in mind and come up with appropriate countermeasures accordingly. With less than 10 years of trading experience, if I dared to define the meaning of the term technical analysis, I would like to say: Personally, all TAs are based on historical data, and through various theories (or methodologies) and technical indicators, first, probabilistically identify the market trend, that is, whether the price is an upward trend or a downward trend, and then determine the price action, that is, support resistance. I think it is an analysis technique that derives the sections with high probability. Some of you may have questions like this. “No, how do you find a trend and price action interval by looking at only historical data?” This is the reason I fell in love with market analysis. This study called technical analysis is a technique that statistically patterned and quantified the psychology of investors (greed, doubt, fear, etc.) with a lot of data from the past. Surprisingly, external variables that can affect the market, such as good news/bad news, are also reflected in this probabilistically. There have been many times when I have felt the greatness of technical analysis, and there were many times when good news/bad news came out amazingly at just the right timing in situations where there was no choice but to rise or fall referring to the chart. Of course, there are situations where Big Parties leak news to the media to take advantage of popular psychology, but even the pattern, timing, or frequency of such good news and bad news is reflected in the study of technical analysis. Anyway, once you have probabilistically derived the market trend and price action section through TA, you need to design a trading strategy according to the situation. There are words that I keep emphasizing like nagging. Just looking at the charts doesn't mean you're good at trading. This trading strategy includes how to structure the portfolio, how to design the profit/loss ratio/range, how much seed to enter, high/low multiplier, and how to set up profit/loss response strategies. In addition, a well-designed principled strategy is essential to prevent non-thinking trading. This principled strategy is easy to design, but incredibly difficult to follow and implement. No matter how well technical analysis and trading strategies are formulated, these principles are of no use if they are not well designed or adhered to. There are individual differences, but honestly, I don't think there is an answer to the principle strategy other than learning or mastering it through long-term practice or entrusting your own technical analysis/trading strategy to a machine/computer/algorithm. The fewer human emotions are involved, the higher the success rate, but how can you trade without emotions when your money is at stake? It's hard. One tip is to start trading with a small amount that you don't mind losing if you want to learn principle trading well. It doesn't matter if you lose it, so you'll be less empathetic that much, and you'll be able to increase a seed little by little. We must become traders who always think of risks (losses) before rewards (returns). Please keep this word in mind. For example, in a trading setup that costs 10 million dollars if you make a profit and 10 million dollars if you lose, rather than a mindset like “Oh, I want to win 10 million dollars quickly~”, “I may lose 10 million dollars. You must trade with the mindset of “Let’s be prepared.” This will naturally match the seed to your bowl. Then I'll wrap up for today. Until now, this was Tommy of the Tommy Trading Team. Your subscriptions, likes, and comments are a big help to me. Thank you.
BITMEX:BTCUSD.PEducation
by Tommy_Trader
75
$589 Dreamboy Scenario :)Just having some fun, looking at what ifs. Looking at log chart, as I know some folks use it. Fib channel indicates a pretty interesting scenario in in XRP's history from previous cycle's breakout to ATH - Seems to play nice with those levels of support/resistance. Adding in a major cup and handle to potentially lead into an Elliot Wave would be, as Mitch Ray would say, "The Jesus". Lives would be changed.... Hell, the world would change - or have already been changed? Who knows........ What if? :) P.S I am not a Financial Advisor. This is not Financial Advice. I am literally doing this for fun.
BITSTAMP:XRPUSDLong
by Nanonymous
2