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Tue Apr 26, 2022 - This Week's Hotness!Traders, Unfortunately, this week, my video failed to upload to TradingView. However, it is against house rules for me to suggest where you might be able to find the video, so I won't do that here either. 😉 And on TV, I can't simply upload the one I had already made because it takes a live stream and converts it. So, on this one I am stuck posting without the video attached (here at least 😉). The video explains why I think all of the following coins should remain on "This Week's Hotness" list. ---- Despite our pullback in the markets, there are still some good trade setups to be found. Here are the coins that I have on “This Week’s Hotness” list: LCX, CULT, SNX, CHZ, SKL, AAVE, EOS, Comp, FOX, Luna (wluna), AMP, DNT, ACH, ASM, Coval, IOTX. As always, the standard warnings apply. Always keep your eyes on the big dawg, BTC. Never risk more than you can afford to lose. Don’t bet it all on one trade. Diversify your portfolio. Be disciplined about your entry/exit points. Set stop losses. Etc. Best of luck to you all! - Stew ⛓️ 🔗 Useful Links 🔗 ⛓️ (see below - especially my signature 😉 )
COINBASE:IOTXUSDLong
by stewdamus
Stellar Lumens Daily AnalysisStellar Lumens’ price has been on a steady decline since April 4, 2022, when it has lost over 20 percent of its value. However, in today’s trading session, the cryptocurrency is showing signs of a bullish trend, gaining around a percentage point. Unsurprisingly, in the last 24 hours, the cryptocurrency has seen its trading volume fall by 28 percent. This has brought the total amount of money used to trade in the last 24 hours to about $338 million. Although the trading volume is still significant, a 28 percent drop can impact a cryptocurrency’s price, causing a fall in price. The daily chart below shows that Stellar Lumens is in a strong, bearish move. This includes the fact that it has been trading within a descending channel since late last year. The chart also shows the prices recently hit the upper trend line of the channel. The prices are also coming down from the upper trend line resistance level. Therefore, even though today’s Stellar Lumens price looks poised to gain in the markets, it is still in a strong bearish move. Today’s upward move is likely a market correction. My Stellar Lumens price prediction is a continuation of the long-term bearish move with a possibility of hitting the $0.16 support level.
COINBASE:XLMUSD
by thomasfullerofficial
Similar to Dogecoin, CompUSD looks ready to break!Traders, This one looks similar to my DogeCoin post a few days ago (see link to related ideas below): Inverse H&S pattern - looks to be playing out Clear target at area of confluence Similar pattern as many other altcoins ...tackling a major MA So, here's the way I'd play this (also, similar to the recent dogecoin post): #1 - Zoom in to the 4 hr chart. #2 - Now, pending your risk tolerance here's how I would play this: ------ Balls of Steel Risk Tolerance - wait for confirmation above the 50 day MA. Once I see a candle close above the 50 day, that's my sign. I enter. ------ "Meh" Risk Tolerance - wait for confirmation above the neckline at $125. Once I see a candle close above that neckline, I'm golden. ------ "I'm so scared" Risk Tolerance - for you chickens that wouldn't cross a sidewalk crack without looking both ways - wait for both closing candle above $125 and another candle to open and close above $125 on the 4 hr, then enter if you dare. Targets: You first target shall be $152. If you still have your grips on that diamond, then go $170. Best to you all! Beer money appreciated. -Stew
COINBASE:COMPUSDLong
by stewdamus
6
AUDCHF short moving 👍👇Utilising our POW reversal strategy for this trade an AUDCHF short. Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Trade history can be seen at the foot of this trade idea too for full transparency. In that box every trade is logged and can be viewed by clicking the tabs in the report box. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
Short
by pow_removetheguesswork
TRADE ALERT⚠️ - Harmony ONEUSDTHi people of Tradingview and my precious followers! There's something interesting that I want to share with you. If you look at the chart above, you'll see that ONE is in descending triangle. There are 2 options, it either breaks out to the upside or the downside. So what do we see on the chart?: - Volume is decreasing= this can be a signal for an explosive move in the future. - Bollinger Bands are shrinking= this can be a signal for an explosive move in the future. - We scan see a descending triangle. - Last swing low is higher than the previous swing low. - If you look at the RSI, you can see that it's forming some sort of ascending triangle. (I would take that with a grain of salt because it broke the resistance level in the past) Conclusion: These are all great signals that the price may have an explosive move. But until now, we don't know in which direction the price will go. So, if it breaks to the upside and it closes beyond the resistance level of the descending triangle and it also closes beyond the last swing high. That's when we can see some good gains. KEEP IN MIND: If BTC is gonna eat shit, the patterns don't mater. Altcoins will east shit too. That's it for this analysis. If you discovered something new or you thought it was quite valuable - give it a like to support this idea! If you don't like this idea, you can follow me. See ya✌️
by EliteTradingX
6
Bitcoin Update!!Hellooooooo ladies and gentleman. If you like my chart analysis don't forget to click on that like button, and if you don't like them - click on my follow button. SOOOOO, Bitcoin has officially broken the bull flag pattern on the 4h chart, and it closed beyond the last swing high. Besides that, the volume of the breakout was above average. So, this is good news right? It depends, if you were shorting BTC, it's not lol haha. You can see the Bull Flag pattern on the daily chart too btw, but of course the pattern isn't confirmed yet, cause the day isn't over yet. But like I said in my previous BTC analysis, there's a good chance that we're now heading to that $86K target price. Now, that's all I got for this analysis. Be blessed, see you next time. Oh, and don't trade blindly on my analysis, please. I'm not a financial adviser. Those people are broke.
Long
by EliteTradingX
NZDCAD short has just alerted 🔔📳Trade details for current trade are shown on the chart. Trade has been live since 13:45 UK time and we are using our POW reversal script. This is the second trade of the day for this strategy with the first one being a long and finding TP target. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red arrow is entry point and purple line is stop loss. Previous three trades can be seen on chart and all found TP target. This is a negative RR strategy but it works. Back test data can be found below and we have a 67% win strategy here backed up with 106% gains this year based on 2% risk per trade. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
Short
by pow_removetheguesswork
2
NZDCHF short in progress 🙌📉Another trade I find myself in from overnight. Trade details for current trade are shown on the chart. I have been in this trade since 2:30 am UK time. That's the bonus of automating strategies you never miss a trade. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red short arrow is entry point and purple line is stop loss. Trade history can be seen at the foot of this trade idea too for full transparency. Previous trade can also be seen on chart. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
Short
by pow_removetheguesswork
2
GBPCAD seeking to go 3 out 3 🎯Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red short arrow is entry point and purple line is stop loss. Trade history can be seen at the foot of this trade idea too for full transparency. Both previous trades have been covered in previous ideas also. Lets se if we can go three out of three. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren
Short
by pow_removetheguesswork
2