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Technical_analysis

BNT │ 12.10.2023BINANCE:BNTUSDT.P Signals for level breakout bar/candles closure near the level; bar/candles closure near its high/low; close retest of the level; the instrument gradually approaches the level; accumulation of energy for level breakout; consolidation near the level; decrease in trading volumes before the level; there is no reaction to a strong instrument movement; no response to a false level breakout; there is a reserve of calculated ATR; there is a reserve of technical ATR; Trade Parameters Open : 0.50426; Stop loss : 0.50597; Take profit : 0.49912; 0.49741; 0.49570; Disclaimer Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
Short
by phoenix_995
SOL │ 10.10.2023BINANCE:SOLUSDT.P In general, we have a favorable situation for a strong level breakout, as only stop orders of other market participants are sitting below the level. The strong impulse will likely come from them. There are no other nearby levels that could halt the movement, with the closest one being at 221.118. In such situations, you NEVER know WHEN the breakout will occur, but you can be confident that it will be powerful. However, I never forget that this is the crypto market, where anything can happen, which is why it's essential to trade with stop orders. Signals for level breakout bar closure near the level; bar closure near its high/low; close retest of the level; accumulation of energy for level breakout; no response to a false level breakout; a good approach to the level; consolidation near the level; decrease in trading volumes before the level; a clear zone beyond the level; the instrument is being held from falling/rising in price; there is a reserve of calculated ATR; there is a reserve of technical ATR. Trade Parameters Open : 21.79822; Take profit : 21.47146; 21.36254; 21.25362; Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
Short
by phoenix_995
AVAX │ 12.10.2023BINANCE:AVAXUSDT.P Signals for level breakout bar/candles closure near the level; bar/candles closure near its high/low; close retest of the level; the instrument gradually approaches the level; accumulation of energy for level breakout; a good approach to the level; consolidation near the level; decrease in trading volumes before the level; there is a reserve of calculated ATR; there is a reserve of technical ATR; no response to a false level breakout. Trade Parameters Open : 9.23423; Take profit : 9.05771; 8.99887; 8.94003; Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
Short
by phoenix_995
LUNA2 │ 03.10.2023BINANCE:LUNA2USDT.P Signals for level breakout Close retest of the level; A good approach to the level Bar closure near the level; Bar closing near its high/low; Decrease in trading volumes before the level; Consolidation near the level; Accumulation of energy for level breakout; The instrument gradually approaches the level; A clear zone beyond the level; Trade Parameters Open : 0.45280; Take profit : 0.44526; 0.44274; 0.44023; Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
Short
by phoenix_995
BNB │ 03.10.2023BINANCE:BNBUSDT.P Signals for level breakout Close retest of the level; A good approach to the level; Consolidation near the level; No response to a false level breakout; The instrument gradually approaches the level; Trade Parameters Open : 213.05346; Take profit : 211.90542; 211.52274; 211.14006; Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
Short
by phoenix_995
YGG │ 10.10.2023BINANCE:YGGUSDT.P Signals for level breakout bar closure near the level; bar closure near its high/low; close retest of the level; accumulation of energy for level breakout; consolidation near the level; there is no reaction to a strong instrument movement; there is a reserve of calculated ATR; there is a reserve of technical ATR; Trade Parameters Open : 0.22697; Take profit : 0.21910; 0.21647; 0.21384; Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
Short
by phoenix_995
$FRONT/#BTC [#Frontier]: BBand_Breakout Resistance_Breakout◳◱ Hey crypto lovers, we've identified bullish signals on the $FRONT / $BTC chart through the detection of both a Bollinger Band and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.00001107 | 0.00001158 | 0.00001279 and the major support zones are at 0.00000986 | 0.00000916 | 0.00000795. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00001189 ₿ ▣ 24HVol: 6.807 ₿ ▣ 24hChng: 5.877% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00001107 | 0.00001158 | 0.00001279 ◢ Support: 0.00000986 | 0.00000916 | 0.00000795 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.59 - Bullish ▣ Reddit sentiment score is 0.59 - Bullish ▣ In-depth FRONTBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
F
by Crypto2AF
1
Trading 101: The benefits of hard closesIntroduction: In the world of technical analysis, traders are constantly searching for new and innovative methods to gain an edge in the market. One such technique that has gained popularity in recent years is the use of "hard closes." In this idea, we will delve into what hard closes are, why they are considered superior to conventional crossover methods, and the benefits and practical applications of incorporating hard closes into your trading strategy. Understanding Hard Closes: A "hard close" is a unique approach to analyzing price movements in financial markets. Unlike traditional moving average crossovers, which rely on the intersection of two moving averages, hard closes focus on the closing price of an asset. In essence, a hard close is an inflexible criterion that triggers a signal when the closing and opening price of an asset meets specific predetermined conditions. How to Spot Hard Closes: Let's say we have a level of resistance, and we are waiting for the price to break out so that we can long it, an up candle must open above the level of resistance, as well as close above it (because it also has to be an up candle). Similarly, if we are looking for a support breakout, we need a down candle to open below the level of support and close as a down candle. Hard closes can be used on both horizontal levels and trendlines. Why Hard Closes Are Better: Reduced Noise: Hard closes eliminate a significant amount of noise present in conventional crossover methods. By focusing solely on opening and closing prices, they filter out intra-period fluctuations as well as fakeouts and provide a cleaner and more precise signal. Benefits of Hard Closes: Risk Management: By reducing false signals, hard closes help traders make more informed decisions. This, in turn, enhances risk management strategies, preventing traders from entering ill-timed trades. Versatility: Hard closes can be applied to various assets and timeframes as well as different kinds of levels, making them suitable for day traders, swing traders, and long-term investors alike. Practical Uses of Hard Closes: Trend Confirmation: Hard closes can be used to confirm the strength and direction of an existing trend. A bullish hard close, for example, can reinforce the conviction of a bullish trend. Entry and Exit Points: Traders can employ hard closes to identify precise entry and exit points for their trades. This approach minimizes the guesswork involved in trading decisions. Filtering Signals: Hard closes can be integrated into existing trading strategies to filter out less reliable signals, enhancing the overall effectiveness of the strategy. In conclusion, hard closes represent a powerful and innovative approach to technical analysis that offers several advantages over conventional crossover methods. Their ability to reduce noise, improve accuracy, and adapt to different trading styles makes them a valuable addition to any trader's toolkit. Whether you are a seasoned professional or a novice trader, consider exploring the potential of hard closes to enhance your trading strategy and gain a competitive edge in the financial markets.
Education
by AutomatedTradingAlgorithms
3
EURUSD Short Up Move Before a Bigger DropECB Likely to Keep Interest Rates Steady for the First Time in Over a Year It's expected that the European Central Bank will keep key interest rates unchanged on Thursday. ECB President Christine Lagarde might hint at a potential rate hike later in the year. The Euro is gearing up for potential market turbulence based on the ECB's decision and Lagarde's press conference. The European Central Bank (ECB) is widely anticipated to maintain its current interest rates, marking the first time it has done so since early 2022. This decision will come after the conclusion of its monetary policy meeting on Thursday. Additionally, the ECB will release its updated staff projections for the quarter, and ECB President Christine Lagarde will hold a press conference at 12:45 GMT. What to Expect Regarding ECB Interest Rates and How It Could Impact EUR/USD The European Central Bank (ECB) is currently facing a challenging decision as it deals with the increased risks of stagflation. This decision is the most significant since it began raising interest rates in July 2022. In August, the Eurozone's annual inflation rate dropped to 5.3%, a significant decrease from the 10.6% recorded in October 2022. However, core inflation remains stubbornly above 5.0%, well above the ECB's 2.0% target. If the ECB maintains rates while adopting a hawkish tone, indicating the possibility of another rate hike by year-end, it is likely that EUR/USD will resume its upward trajectory towards 1.0850. Should the ECB announce a 25 bps rate hike, it would confirm a bullish reversal from multi-month lows. Nevertheless, the key drivers for additional gains in EUR/USD will depend on the policy guidance and President Christine Lagarde's statements. Conversely, if the ECB decides to pause rate hikes and lacks clarity on its future path, it will likely please doves and push EUR/USD back towards 1.0650. Other Key Market Insights for today, this week EUR/USD is holding onto its gains near 1.0750 as the US Dollar (USD) remains weak, following mixed US Consumer Price Index (CPI) data. On Tuesday, the German ZEW Economic Sentiment improved to 11.4 in September. However, the index measuring current conditions hit a three-year low at -79.4. The ZEW Institute stated that "Financial market experts are even more pessimistic about the current economic situation in Germany than they were in August 2023." In August, the annual United States inflation gauge rose to 3.7%, surpassing the expected 3.6% increase. The CPI increased by 0.6% in August, marking its largest monthly gain in 2023, in line with market estimates. The core CPI also increased by 0.3% and 4.3%, respectively, compared to estimates of 0.2% and 4.3%. US S&P 500 futures are rising due to market optimism, as the latest US data supports the idea of a Federal Reserve (Fed) pause. The yield on the benchmark 10-year US Treasury bond is declining, approaching 3.21%. The upcoming ECB event will play a pivotal role in shaping the short-term direction of the EUR/USD pair, with attention shifting to next week's Fed policy announcements.
Short
by financialflagship
ELF/BTC - aelf: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the NYSE:ELF / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00001119 | 0.0000116 | 0.00001268, and the major support zones can be found at 0.00001011 | 0.00000944 | 0.00000836. Consider entering at the current price zone of 0.00001117 and targeting higher levels. ◰◲ General info : ▣ Name: aelf ▣ Rank: 166 ▣ Exchanges: Binance, Kucoin, Huobipro, Mexc, Hitbtc ▣ Category/Sector: Services - Shared Compute ▣ Overview: ælf looks to permit scalability and extensibility through a multi-layer branching structure formed by a main chain and multiple levels of side-chains. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00001117 ₿ ▣ 24HVol: 9.300 ₿ ▣ 24H Chng: 5.377% ▣ 7-Days Chng: -5.68% ▣ 1-Month Chng: 0.65% ▣ 3-Months Chng: 3.05% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00001119 | 0.0000116 | 0.00001268 ◢ Support: 0.00001011 | 0.00000944 | 0.00000836 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -0.56 ▣ Last 90D: -0.31 ▣ Last 1-Y: 1.32 ▣ Last 3-Y: 0.71 ◲◰ Volatility : ▣ Last 30D: 0.42 ▣ Last 90D: 0.38 ▣ Last 1-Y: 0.53 ▣ Last 3-Y: 1.45 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.58 - Bullish ▣ Reddit sentiment score is 0.61 - Bullish ▣ In-depth ELFBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
HIGH/BTC - High Gain: Trend_Reversal◳◱ An intriguing development has unfolded on the AMEX:HIGH / CRYPTOCAP:BTC chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 0.00004982 | 0.00005422 | 0.0000642 and the significant support levels found at 0.00003984 | 0.00003426 | 0.00002428. Taking these factors into consideration, it may be prudent to contemplate entering a buy position at the current price of 0.00004814, allowing us to take advantage of the projected trend continuation. Let's keep a watchful eye on this exciting opportunity and stay proactive in our trading strategies. ◰◲ General info : ▣ Name: High Gain ▣ Rank: None ▣ Exchanges: Binance ▣ Category/Sector: N/A ▣ Overview: High Gain project overview is currently unavailable. I'll try to update this in the upcoming analysis. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.00004814 ₿ ▣ 24HVol: 27.074 ₿ ▣ 24H Chng: 12.661% ▣ 7-Days Chng: N/A ▣ 1-Month Chng: N/A ▣ 3-Months Chng: -16.26% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00004982 | 0.00005422 | 0.0000642 ◢ Support: 0.00003984 | 0.00003426 | 0.00002428 ◱◳ Indicators recommendation : ▣ Oscillators: BUY ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : STRONG_BUY ◲◰ Sharpe Ratios : ▣ Last 30D: N/A ▣ Last 90D: -0.43 ▣ Last 1-Y: 0.35 ▣ Last 3-Y: -0.52 ◲◰ Volatility : ▣ Last 30D: N/A ▣ Last 90D: 1.14 ▣ Last 1-Y: 1.71 ▣ Last 3-Y: 1.78 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is N/A ▣ Reddit sentiment score is N/A ▣ In-depth HIGHBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
H
by Crypto2AF