Targets
ETH/USDT - all targets done
Hello dear friends, we considered the long position for this coin (all goals have been achieved)
Now, I will wait to see what will happen at this price level - 835 - what formations will be, volume, and so on.
For now I will refrain from short positions, until the time when there is no price rollback ... but any instrument, even on a strong uptrend, likes to make a correction by 7-11% of ATN
2 Targets Done - LTC/USDT (congratulations)Hello dear friends,
Please accept my sincere congratulations, we have achieved the second goal.
(Look, as always - perfect, work out my support and resistance levels)
Yes, yes, thank you )))))
About the position -
I don't move the stop loss, but also leave it at our entry point, 125ltc / usdt, since the price is already high. (But I still put a trigger stop loss) You need to take care of your eggs, in all baskets)))))
Bitcoin Nearing Target Date and Time - Pullback ImminentMy current projection exists within the "Price, Time, Pattern" boundaries of analysis. As I see it, geopolitical events (worldwide but especially in the U.S.) are expected to ramp up. Some chaos and civil unrest may ensue. This will greatly impact the broader markets negatively. Bitcoin, which currently rides in tandem with the broader markets, will also become effected. But not to the same degree. More on that in a bit. This aspect of my prediction coincides with the "Time" portion. I expect everything to culminate on or before Jan 6-8 of 2021.
Correlating to the "Time" maker, we are also seeing Pattern(s) on the chart indicating an imminent future reversal: a nearing to the 1.618 Fib marker, ascending wedge, declining bull volume (though great, still declining), and overbought markers on our RSI chart are all indicating at least a short term pull back could be coming.
Though, we are seeing massive amounts of wealth being moved into the crypto market (and it will continue), I do expect a pause of this action coming into January as geopolitical events in the U.S. continue to escalate. Much of the events that are about to take place will catch the majority of Americans by surprise. You will begin to see the VIX (fear index) spike. That will be the trigger alarm for things to come.
If we do begin to draw back, the following price points should be considered for entry or re-entry: 19891, 17146, 12,927. Of course, since the market will be directed mostly by geopolitical events, how low it goes depends largely upon how much fear can be generated by these events and by how much the broader markets are effected. Again, though I do see crypto being impacted, I don't see it being impacted to the same degree, as crypto is now starting to be seen as another safe space for cash.
As always, do NOT ever allow your emotions to sway your trades. Sit back and think this thing out logically, rationally, and reasonably. Crypto is here to stay. And, of course, Bitcoin, the big dog, will continue to lead them all. You are not wrong to stay in the market and HODL. You are also not wrong to begin cashing out on some portion of your investments here if you have been brave enough to hold this long.
No-one knows the future, including me. The insight I give is purely based upon the data that I have aggregated thus far. I use it to help point me towards future events. You don't have to accept it, but I hope you will at least consider it and use it to help you make healthy trading choices into the future.
Happy trading all!
7 trading days: 1440pips lose, profit - 9650 pips BTC/USDTHello dear friends.
Thanks to each of you who support my trading ideas.
Thanks for the profit messages. I am pleased to know that you are earning with me.
And also those who read my comments under the latest trading ideas know that I warn in advance about any changes, both in price and trend, and reversal.
"Last comment under previous trading idea"
Dear friends, now on 4 and 6 hours TF (timeframe) we have formed - double tops.
I ask each of you to take no action yet, because:
- this is a false 2a peaks, too little time and distance between these peaks. (no specific set of liquidity)
-we have a strong uptrend.
-Secondly, the daily chart indicates a completely different breakout formation, as well as absorption on volume and without it.
Be careful if you want to break this pattern and enter a short position.
I will not do this, and I will not close a long position.
What do I expect now? this is a hike prices up to 29200-30000
- For those who know how to calculate a double bottom, nothing needs to be explained)
- Because we have strong levels, and while the price is above such a range of 27600-28000, we only have a long, if it is below this range by 2h TF, short.
All positions for these days, I will describe below, and if you intend to check this, study the comments ...
The last trading idea is 1900 points. (still in position)
All successful and profitable trades.
Happy New Year to you all
Bitcoin at 25,000 - 27,000? What's next and where is correction?Hello dear friends.
Congratulations to everyone with a very good profit again if you read my previous trading idea carefully.
My friends and I also took a lot of profit from this price movement, and even, purely luck, took an impulse of 1000 profit pips short.
As I knew, check out my trading idea
"Bitcoin - a look into the future"
As you remember, in my previous ideas I wrote, the 16th will change everything - today is the 17th, we have a new peak.
What about positions, purely for me, this growth - it is not adequate, no, not because I expect a decline (we took almost half of this growth)
For me, this growth is not adequate to the fact that:
We have a lot of unclosed gaps
We have too many long positions
For the CME goals (previous) we are above these values, above the monthly values for CME.
As well as growth without a rollback.
And now for the main thing.
If you see that the price is leading to 23850 - and they are trading there for 1 hour - open a long position to achieve new CME targets. (24650-27335)
But now I prefer to work from the short position, since I know what goals, resistance and support levels are.
Plus, the volume falls, several indicators show overbought
And yes, I look forward to the correction.
Namely, up to such values as - 22270 and the most important target is 20550-20730.
Further, from these values, if the price is brought there, I will look at the formations.
Now, as for me, a correction is needed. And therefore, I open a short position - 23450
with goals such as 23000-22680 -22280 - 21880
Stop loss at 23900.
PS If you see that the price will be above 23750, prepare a long position.
16.12.2020 impulse - breaking through the level of 19650.. Hello dear traders.
Congratulations to everyone who carefully read my trading ideas, who followed the levels closely and what I wrote, namely:
Level 19650 on 2h TF.
(If there is an impulsive breakout and squeak on this timeframe, it is definitely a long position until the update is 20,000 and 20,500.
Trading idea
___For those who do not know which position to open ... BTC / USDT ____
"You can open a long position only if the price breaks out on the impulse and fixes there, at the 4th LEVEL TF - 19550.
Only then long position to update 19950-20275-20500 "
to be honest, I expected an impulse today - December 16, but I am more inclined to fall, and very much hoped that this would happen.
But this impulse, this impulse, and the trade above the 19650 level simply did not give me any other way out but to enter a long position and make such a recommendation in my free channel.
Our long opened at this price level 19750
with targets 19950 - 20275 - 20590 and 21000.
So far, 3 targets have been achieved.
We also have another open position at x25 (it was very risky, but just wow. This is my first time using futures trading)
The purchase was at the price - 19780.
target: 20250-20500-20150-21580.
Where i have this targets - do you ask these values from? I will answer, Fibo grid, counter-trend, and margin calculation, (as well as a grid of interest income - impulse price movements.) (You may see how often, sometimes in a few dollars, the price reaches my targets ) For these two positions - we have a stop loss at 20100. Yesterday's short, give to me 220 points/$ as well as the previous position - brought in a total of only 500 points of profit, and were closed by stop loss without no losses.
He boasted - that's enough)))) Now about trade.
None of the traders will now tell where the price will go. No levels, no formations. And you need to wait for confirmation for all TFs, as well as for indicators.
But judging by the chart, and the fact that we are above 20500, the trade for more than 4 hours, as well as the correction from the level of 20865, suggests that we have two strong levels
Here FLAT is possible to accumulate or distribute positions.
Going beyond these boundaries will give us an indication of where the price will go
if the breakdown on the pulse is higher at 4h TF
the price will be brought to such values as 21000-21500-21950
...
If the breakdown of the price level 20500 - and the trade, with creaking (return to 20500)
It gave us the opportunity to talk about the return of the price to such values as:
20275 - 20050 - 19850 -19200
Why such goals?
Because the margin of the price of bitcoin is now 1350 pips or $ 1350
Raiden Recourses looking BULLISHRaiden Resources Limited (ASX:RDN) is an ASX copper-gold exploration company focused on discovering large scale mineral deposits in the world class Tethyan region of Eastern Europe. Raiden operates in low cost and mining friendly jurisdiction’s which remain underexplored, seeking to systematically apply modern exploration techniques to discover Tier 1 projects.
Bullish Outlook:
- Falling Wedge Continuation Pattern
- Bullish Break of Downtrend Trendline
- Fractal and TB Fib Extension Targets Aligning
- Volume returning
- Fundamental News as Exploration Begins 09/12
Bearish notes:
- Unclosed GAP 0.023-0.025
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
PLTR TargetsPLTR Targets
My Bullish zone to take profits and bearish zones to buy in.
Leaning to be more on the bearish side but PTLR can still pump to test the highs before retesting the lows.
Indicators are on the over bought side so be cautious when trading.
Possible Scenario to bought Ethereum!!! Check Out!!!I'm so happy that my prediction of the shorting Ethereum approximately at $580 USD was correct, but this red circle was a Stop Loss hunters and they touch my SL, but whatever, I'm not give up and I was corect position.
Now, as updated, I mentioned yesterday when Ethereum reach down the $580 USD this zone are a possible bought becuase that was a little correction. So, we see a good long posiiton right now for Ethereum in intraday trader.
Now, I want to share you the H4 timeframe and what I expect. So, remember, right now we can't to shorting Ethereum until the H1 show me a trying to break up this posible strong resistance. But, I believe that Ethereum it's continue up. So guys, this is my own plan to bought Ethereum above of $580 USD or maybe in the second bought at $520 USD toward the achieved the objective of $700 USD.
Now, looking in Daily timeframe. Ethereum it's into this Elliot Wave and we form the correction #4 to then continue to the next movement toward the $700 USD to form the impulse #5.
So guys, good luck in this long postiion.
In sumarry, I hope a possible entry in H1 timefrme in the next minutes to hour to look if Ethereum make a rejection that bulls are defending the $580 USD.
Why having 2 TP targets is good Hello, in this educational post I will be talking about why having 2 or 3 TP targets is good. As an example, I will be using one of the trades I have running currently on EURUSD. My initial target for this short position is to hit the lowest point of yesterday and it was going well until a pullback happened which is currently happening right now and probably reaching my entry point. If I didn't have more than 1 TP target, this trade could potentially be a loss or a breakeven but since I had another target that is closer to my entry point, I could close half of my position, move my SL to breakeven, and secure some profit. On the graph, you can see that I secured 33.5 pips of profit by closing half of my position so that if the price reverses, I would still gain some profit off of this trade and it did eventually reversed. A rule of thumb I normally use for my first TP is half of my final target or a closer/weaker support/resistance level. I do not recommend having more than 2 or 3 targets if you are relatively new to trading.
*This only applies to Intraday Trading, Scalp, and Short Swing Trades.*
To conclude all my points:
1. Having another TP before your final target is good to secure profits in cases it reverses.
2. Move to SL to breakeven once your first target is reached so if it reverses, you are guaranteed profit.
3. A rule of thumb I normally use for my first TP is half of my final target or a closer/weaker support/resistance level.
Please give a thumbs up if you agree with the educational post and if there are any questions, feel free to comment down below.
TARGET REACHED - PULLBACK IMMINENT?Hello Traders,
Quick post to update. We've reached our $17,146 target. It is my comfort level to take most of my profits here. For those who are more risk adverse, you may decide to hold. I do not feel comfortable holding any longer. My target of $17,146 AND $17,784 were both reached and we are overextending ourselves here, IMO. RSI is overbought and we're well above our 9 month channel. If I was a betting man, I'd say a pullback to a range somewhere within or around that channel is imminent.
Though, I didn't get past predictions exactly right in terms of timing (and I did miss one lower level target), almost all of my targets have been nailed. I don't want to push my luck. We are on a good winning streak here.
Finally, an extremely significant development has taken place since my last post. You will notice that Huge Line of Resistance. Previously, that was our overhead resistance for over 2 years. We have broken through that. THIS IS AN EXTREMELY BULLISH TREND! And for this reason, I had hesitated making this post suggesting a shorter term pullback. Our pullback may not happen. The bulls are very strong here. However, until they are able to break above (and confirm) our $17,784 marker on the daily, I will continue to suggest a near terms (within a month) pullback.
I will be looking to go long again as we come back into our 9 MONTH CHANNEL.
Hope this helps some of you.
Happy trading all!
AAVEUSDT Local S/R| Inv. H&S| Swing High| Price Action Evening Traders,
Today’s analysis – AAVEUSDT- trading above Local S/R where a back test is probable, establishing a likely inverse head and shoulders,
Points to consider,
- Price Action Impulsive
- Local S/R Resistance
- Neckline Support
- Oscillator Bullish Control Zone
- Volume Influx
AAVEUSDT’s immediate price action is bullish above Local S/R allowing us to have a bullish bias on the market.
The Local S/R is immediate support that is in confluence with the .618 Fibonacci, holding this area is critical to confirm an S/R Flip retest.
The Neckline Resistance is immediate target of the inverse head and shoulders pattern, price action breaking above this level is deemed bullish with extended targets.
RSI is currently trading in its respective bullish control zone, maintaining this level is critical for strength in the market.
There are valid volume influxes that need to be sustained for uptrend continuation, failure is a bear sign.
Overall, in my opinion, AAVEUSDT is a valid long with defined risk; price action is to be used upon discretion/ management of trade.
Hope this analysis helps!
Thank you for following my work
And remember,
Trading is mostly a waiting game. if you want action that happens on your own terms, you’re in the wrong field.
TSLA: Reacting near a support level!Hello traders and investors! Let’s see how Tesla is doing today! It did a pretty scary movement yesterday, right? Let’s talk about it.
Well, Tesla still didn’t lose the support level at $ 406 (blue line), and as we’ve been discussing for the past few days, it is the most important point for Tesla right now.
Today we have a nice reaction, but we still must be aware of the purple trendline, because if Tesla fails in defeating it again, we may have a H&S chart pattern , and this could be what the bears need to defeat the $ 406. Only if Tesla defeats this trendline the bearish momentum will get weaker, but it won’t be a reversal sign yet.
The next challenge for Tesla is the $ 425 (green line). Above this point the bulls will be on charge again, and the previous resistances will work as targets, like the $ 442.50 and $ 461.88.
Let’s see the daily chart:
This is a boring congestion, and there’s not much to tell. Today the stock is reacting in a support zone , which is good, but we have no clear trend.
Right now, Tesla is in the middle between the All Time High and the support at $ 359. Also, we must keep an eye on the volume, as it must increase to confirm the next big movement.
This was our daily update on Tesla, and if you liked it, please, support this idea! And follow me to keep in touch with my daily updates on Tesla and other stocks!
Trade well.
TSLA: The most relevant points for the short-term!Hello traders and investors! Let’s see what Tesla is doing today!
We are above a quite important support at $ 406, which is the most important point for Tesla in the short-term , in my view. So far, the stock is resisting, but we are still in a Trap Zone , between support and resistances.
Yesterday, Tesla failed in defeating the purple trendline , along with the $ 425, and this was enough to frustrate the bulls. But if Tesla reacts, and manages to defeat its resistances, the $ 442 would be the first target to aim.
On the other hand, if it loses the $ 406, it’ll seek lower supports. The thin blue lines are micro support levels, and I’m sure about how relevant they are, so I would use the daily chart for more clues:
Again, since there are no relevant supports, the $ 359 is still here, and it would be a target if Tesla drops . The stock is still inside a congestion, and there are no amazing signals around here.
The volume c an’t stop dropping, but the stock is not as vulnerable as we think it would be. While the indices are all losing supports, TSLA is still resisting very well.
Let’s continue monitoring the $ 406, and the resistances above $ 425, as they are the most important points for Tesla right now. And if this analysis helped you, please, support it ! And follow me to keep in touch with my daily updates on Tesla and other stocks!
Stay safe!