OXTUSD - Still pumping. New target 56 cents!TLDR: Previous post showed our CUP AND HANDLE pattern with target @49 cents. However, OXT does not appear to be finished. Bull flag formation presently occurring. New target = .56 cents.
Hello traders. If you've been following my posts on this ALT and have been trading along with me, then you've done well. I congratulate you on your success.
Though I took profits at 50 cents and closed the last trade (), I have re-entered this trade at 41 cents.
Reason? You can see from the chart, OXT still appears to have momentum. The bears have not been able to reverse this down to previous levels. Resultantly, a BULL FLAG has been forming. If I take the height of the last bull move, clone it, and then estimate an exit from the flag, I come up with a 56 cent target. Not bad!
Let me know if you all are seeing similar trajectories and if you have entered this trade by commenting below.
As always, I wish you the best!
Targets
BTC macro cycle and targetsJust looking at the BTC macro market cycle.
We can see that the current cycle... as predicted if you've been in discord or following on youtube... I've been saying this for almost 2 years now.
The current market cycle is following the last one almost exactly... now this can change at any moment and just because the followed the last cycle up until this point dosn't mean we will keep following it...
But its been following almost exactly for 3 years apart from a bear market rally to 14k (mostly fueled by facebook libra hype IMO)
So im going to expect it to keep hitting the same levels until it stops and proves otherwise... does that sound fair enough?
So now we've got that covered off...
We can see in 2016 the 0.618 fib level was quite important and really triggered the start of the bull run from $770 to $20,000
the same way we interacted with the 0.618 level at 14k in the current cycle, that was also the key break out point that triggered the start of the bull run.
This of course all kicked off and cycles around the halving which was 9th July 2016 and 11th May 2020, and BTC's cycle of bear market, accumulation, re-accumulation, bull market.
Now we have pushed quite hard with some consolidation around the all time high, same as 2016/17 but the wash out wasn't as agressive in the current cycle.
Then at the same 2.272 - 2.618 fib levels held as resistance and gave us a consolidation with a throw back to the 1.618 support in 2017 and also in our current cycle.
You can see the 1.618 held as support at 29k which put in the bottom of our current consolidation, I used this macro fib level to help give support for my longer term entry at 29k
That and the 4hr bullish divergence and the daily P-Block combined for a great confluence set up.
So after all this break down... Whats next?
The next key level where we hit resistance in 2017 was the 4.236 at $4,441 and the 4.618 at $4,828
The corresponding level on the 2021 cycle would be $73,200 and $79,500
Quite high targets indeed...
But the kicker is the last cycle the blow off top pushed to fib level of 19.618 at $20,000
The corresponding target in the current cycle is $327,600
Make of it what you will... we don't have a crystal ball all we can do is look at the key levels and see how price reacts to them... might not go that high... it might go higher...
IMO play the levels as they come keep watching the 4hr trend of higher highs and higher lows...
Consider risking off as we go higher
Watch on-chain data for >1k wallets to start dumping...
Tops are put in when there's no one left to buy.... not because of selling pressure.
Don't go all in and all out in one go, always average in and out.
And finally...
Enjoy the ride!
QTUM/USDTQTUM/USDT (Monthly timeframe) is still undervalued and has high chance to show good move ahead as it is closing in on it's monthly resistance which will soon be broken. Many alts have already gone 2-3x in this alt season but QTUM has just begun it's bullish move.
Target 1 - 5
Target 2 - 6.5
Target 3 - 10
SL - 2.2
Disclaimer : I am not a financial advisor, this chart is for educational purposes only (DYOR).
GBPUSD - H1 - Down Trend & Only Sell itHey traders,
Please Support this Idea with LIKE if it is Useful....
GBPUSD
Base on Trend Lines and Hidden Divergence (that happens on correction waves) we know that GBPUSD has started a new Down Trend and I think we should not think about Long Positions.
But on the other hand, we know that the market will never allow us to analyze it as simply as we see it and it is going to hunt our stops and then get back down.
So I think there are 2 strategies that we can do :
1-Get a Short position now and wait for it. If marker goes up we add to our position lot size again.
2-Wait for market to show correct way and then get a short position.
Targets:
As you can see there is 3 targets that I have shown.
One of them is Fibonacci Target (Center target) and tow others are Ichimoku targets that I believe that they must be touched.
If you are Low Risk person, you can set your target on first, otherwise manage your positions until target 3 touched.
I hope we can take a Good Profit on this market and my analysis be correct.
Thanks for your Likes and comments.
Good luck!
Bitcoin to 46,800, and ultimately 53,000, explained!Im thinking we may see a potential top where we are at now, and give the 39,100 area a retest.
BUT thats speculative, because of the moment and volume we are seeing, we may break the top of this channel and use the top of it as a new support line.
100% measured move of the breakout, would eventually take us to 46,800ish, with fomo and psychological reasons, we may see 50 i think in the near future. Just my thoughts.
If it ends up breaking down a bit, id watch the 37,000 area for a retest of support which would make a good buy entry if it did.
The purple lines are old trend projections which will likely be resumed in some fashion when full momentum gets going. Those projections would lead me to believe that the short term top of this move could reach the 53,000 level before breaking down substantially.
35,000 is what i would call the new "heartline" for the near future. This is a medial level of the trading range we are in and a powerful area of divergence.
If i were buying, itd either be at 39k or 42k. If i was trading short term, i wouldnt touch it under 39k unless we saw a bounce at the lowest 36,800 at the golden mean.
BTC Price Targets for February!Hello, dear subscribers!
Today is the first day of February and let's talk about price targets for this month.
The Bitcoin price has a huge growth during December and the first week of January, but last 3 weeks it is in consolidation phase. It is a great sign because there was an overbought condition on the market and now the capital is reaccumulating.
We provided a Wyckoff cycle analysis last time an as you know the current price action looks like a Wyckoff reaccumulation scenario. There are two different type of this reaccumulation could play out: with and without the spring. It is a big question now.
We can see that now the price is trying to break through the CPR level for February ($34200). In case of success the price will fluctuate in the range between $34200 and $40600 before we see the sign of strength and the potential growth to the R2 pivot level ($48000).
If the price goes down fron CPR level it is a high probability of the Wyckoff scenario with spring. In this case the first target is S1 pivot ($26600). After that the reaccumulation will continue and price can reach the R1 pivot level and do the same as in the previous scenario.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Ripple - XRP is a bad coin they said. Sell-they said XRP/USDTHello dear friends. XRP / USDT coin for review. 1D TF
So in the last analysis, I wrote to you that there will be an accumulation channel.
And I recommend each of you, following your risk and money management, to buy this coin for a long time.
I am more than sure that it will greatly surprise everyone who sold it.
Since such a huge accumulation of volumes on cluster analysis, I have not seen anywhere else.
I expect XRP to repeat the DOGECOIN pump.
Yes, I agree, everyone is shorting and waiting for a decision, but I assure you that 99.9% will not be as bad as many think.
For each of my profitable transactions from the bitcoin / dollar pair, I allocate 5% profit and buy this coin at each level.
Which I recommend to you too.
Current view on 4hr Bitcoin/tether !!!Welcome to this quick update:
As you can see, we are currently trying to break out from this bearish channel.
If we succeed and break this channel, then the next stop for Bitcoin would be the strong supply zone, locating at $34500.
The bullish breaker for Bitcoin is also the resistance at $34500.
Right now I expect a fake break out with enough bearish volume so I open a short position.
What do you think will happen?
$34500 this weekend or sub $30k??
i OPEN long Position from 31400 BTC/USDTBuy 31400
Targets: 32400 - 33300 - 34500 - 36000
Stop loss 30500
X3 (2%)
All traders, please, don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss.
I beg your pardon friends, this trading idea is a little late.
The reason is the work on private trading ideas. But maybe I'm wrong about this position - since we have a very strong seller at the level of 31600 - we'll see. Do not overshoot your risk management and money management.
I think the price will be driven up to closed shorts position many traders.
Maybe I'm wrong ... we'll see.
Don't forget - I'm not a market maker, we also have losses.
Therefore, observe your risks and money management, trade with stop loss, and do not overstate the lot in the position.
Band 2021 price targets With a current circulating supply of 20,494,033 Band tokens and a max of 100,000,000 Band tokens, it will be very interesting to see Band, which Is also in the Oracle tech space as Chainlink, compete and carve out its own market share. Chainlink has 405 million tokens in circulation with a max of 1 Billion. I believe that Band is on the Cosmos platform and also rewarding its users with a handsome staking reward which is an incredible incentive for long-term holding. Right now Band is in a similar channel as many other Altcoins and several price targets are a possibility given the scarcity, the backing of Band by well-known investors, and the growing Oracle/Dataspace.
Could Band achieve between $250 and $1,000 on this next Bitcoin bull run? We will see.
I opened Short Position from 32200 BTC/USDTShort 32200
Targets: 31700 - 30890 - 29850 - 28920
Stop loss 33200
X3 (2%)
All traders, please, don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss.
If there are any changes in the price, or it will be necessary to reverse the position if the level of 32600 does not resist, I will definitely inform you in the comments under this trading idea.
Bitcoin - the level where everything will be decided BTC/USDTHello dear friends.
Looks after the levels, open the position according to the price direction. (do not forget - there is no need to rush, every growth has a correction, every fall is corrected to certain, strong levels.
It is from them - look for a point for yourself entering the direction of the trend)
Immediately I want to thank each of you for the message "where did you go dude?" - I’m here, I’m back, I just took a little rest, as I began to disassemble the market not from the best side.
So, let's begin.
Today I wrote a recommendation in the comments that I open a long position to update the top 35000 - 3 target marks - reached - 1750 pips / $ in our wallet. Congratulations to everyone who took advantage of this.
And now about trade.
The chart shows a descending triangle, which is squeezed to the lower border. But we trade within the day, and we have strong market maker levels (each of them, I marked for you - white rectangles)
We trade them.
and I recommend that you, in an incomprehensible situation, trade on the breakout of these levels. (if there is a true candlestick breakout at the moment at 2 hours of TF, open a position in the direction of the price, as the price will lead to the next level.
But, we have the Strongest 2 levels. On which we will decide everything.
It's 35500
and the mark is 32000.
these levels will give 93% price direction for the next 4 days.
and let you immediately understand that each trading session has its own levels, its own price movement of the bitcoin price.
If the level of 35500 will be broken, and there will be a higher trade, the price will lead to such a mark as 38000- 39000- 40,000-41000.
So far, I do not recommend opening short positions.
We had a big liquidation of short positions.
2) There are many market participants (traders) - almost 70% are waiting for growth (and we will trade with them, and not against the market.
3) we have a support zone of 32000. If it is broken, the price will be brought back to update 29800 - 28500 - 26600 - 24000. (these are the target CME futures)
For those who do not know what position to enter - I recommend looking after the yellow dotted line.
Also for you, another tool is the blue dotted lines (Gann Angles)
Plus - ema 157.
If I break it, and stay above it - a definite long. This will be a very strong signal for the price hike up, in order to update the very top of 41500 and continue to grow to 46-48 thousand.
I would advise you to look towards long positions for now, as there is another level - this is the mark 33800-34000.
If it is destroyed, the price will be returned back to 32000-31500-30500-30,000.
The price move is 2950 points.
it is at such distances that inexperienced traders will close their stop losses. So I ask each of you to keep track of your money management, risk management, and stop loss.
i OPEN long Position from 32400BTC/USDTBuy: 32400
Targets: 33000 - 34650 - 34950 - 35300
Stop loss: 31580 (on our previous position - at which the stop loss is at breakeven)
All traders, please, don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss.
The first long position I wrote about is under the comment
BNB/USDT - up trend (binance coin) LongHello dear friends. I know that many of you like to trade altcoins while bitcoin is in a correction or in a fall.
Target ones are indicated on the chart + decreasing volume - indicates a return of the price to the lower border of the wedge. From these values - find a good point for yourself in the long.
If the wedge is broken, as well as the support zone does not stand, the price will be brought to the value 35.2 - 37.6
Don't forget - it's not the alt season yet, but the transfer of money is happening gradually
ONT/USDT expanding wedge + support zone (Long)
Hello dear friends. I know that many of you like to trade altcoins while bitcoin is in a correction or in a fall.
This coin ontology loves to follow bitcoin, but since a mega alt season is expected for all of us soon, take a closer look at the purchase, with a short stop loss.
Target ones are indicated on the chart + decreasing volume - indicates a return of the price to the lower border of the wedge. From these values - find a good point for yourself in the long.
If the wedge is broken, as well as the support zone does not resist, the price will be brought to the value of 0.375 - 0.41
Do not forget - it is not yet the alt season, but the transfer of money is taking place gradually - all the more, this coin has a large accumulation range on the Weekly TF.
2 position in long. one private trading idea, the second open Buy 35120
Targets 35800 - 36380 - 37300 - 38150
Stop loss 34000
This position is very risky, but since we had a false breakout, and the price returned to the level that I described, the exit from the falling wedge, I decided to work long
All traders, please, don't forget for this⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
I ask each of you to consider your own risk and money management. Do not trade with a large "X10-X100" and always place a stop loss.
Dogecoin/USDT - Channel work, compression levels. DOGE/USDTThe coin has been consolidated in the channel for a long time. I perceive this consolidation as an accumulation of volumes. The accumulation has been a long time. Now there are low-range candles and squeezing at the edge of the trading range. I'm waiting for the exit and flight up.
💥All good mood, and profit .💰
Bitcoin Correction Price targets! Live stream this afternoonWe hit our 41,937 price target from December almost on the damn nose!
Clear bearish divergence at the 40,700 rejection yesterday.
I tried to take a couple small positions as we came down but the momentum just kept going. We had a lot of support at 32,300 but have found ourselves bouncing off the 30k handle.
I do not fully trust this is the bottom, but i dont think its the range we will start finding support in either. I think we MAY see a flash move down to lower areas where buy orders will be hit, resulting in a swift momentum to the upside. I dont really have a time frame but ive set up orders for when it happens
We are printing hidden bullish divergence on the MACD hourly chart, but im not sure if the momentum is strong enough to pull us back up higher than 33178 short term
That would be an area id watch for a reversal back to the downside. If we break the heartline support trend, and 30k support we could fill a futures gap as low as 25-26
I dont believe we will stay in that range but if you have cash on the side and want to do some averaging, id consider setting up a limit order for some lower levels
If we continue to the upside from here, i will be a buyer above 34500 if we get solid confirmation of support but im focused mainly on trying to land a nice lower position
29500
28500
27500
and a big one in at 26500