GBPUSD - H1 - Down Trend & Only Sell itHey traders,
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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!
Targets
Update ZOMPlease see update for ZOM. After hour trading resulted in a strong impulsive continuation and an invalidation of the previous chart which assumed wave 3 was finished. Please see mapped price targets and sell points. Please leave comments and vote up!
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
Has the big correction started? or cheating again?Hello dear friends, I am going to describe this trading one for those who trade by private analysis.
But I decided to share these thoughts with you here.
Please read this to the very end.
At first:
According to my observations, the way the market is being conducted now is the first sign of a market reversal.
And the price will be updated to levels such as 36500 - 34800 -32,000 - 27000.
I'm not saying that it will be right away, that it will be for one candle on a 5-minute TF - No, I only write what the market gives. It is at this stage - for me now this scenario is more priority than updating 48000-50000.
I do not want to mislead anyone, and give hope to "sell everything" - again no.
I say what I see now. Now about the specifics - If the price is closed today below the level of 38000-38450, it is definitely a short position, because with this fall we close all the previous growth.
Look - today many traders on all platforms shouted that bitcoin flies to the moon (at 45000-50000-55000)
We, on the contrary, took the shorts, and what happened in the end ... the result is visible.
Now one more thing, the price was lowered to such values, at which stop losses were destroyed - experienced traders. (the margin of the bitcoin price is about 2800-2900 points)
the price on the impulse was broken through and returned back to the level where our first take profit was.
Therefore, be very attentive, if the price of bitcoins is led beyond the level 39350-39950 - they will trade there for more than 2 hours, or there will be an impulsive closing of this level - definitely a long position for updating 42000-45000-50,000 and 55000 (I will write as all ahahaah)
But I expect a fall further, without any price adjustment, but just each level is a small return, and a fall is a small return, a stop and a fall ... you can't just give the opportunity not to take money away from the longists, if at one time, they have money - you need to do everything slowly and accurately, without strong impulses, with the hope that the price will be restored.
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