Get started

Tradingsetup

GoldView Market Review - New range open1830 was broken, as per our analysis and targets. We are waiting for the momentum to exhaust and then expecting the price to settle at 1852 before it continues the bull run, as the new range has now been open. If 1852 is not supported then we will look for price to support at 1832 before another Bull run. Current Bull run was rejected at 1868 EMA TURN resistance. Once price is supported and we get the momentum to break 1868 level with our trading setup confirmations, it will look to hit 1880, 1891 and 1906. However If we do get a challenge at 1832 support and a break on this level then we expect to enter the previous range dropping from 1832, 1818, 1806 and 1791 and below Please like, comment and follow to support our work, we really appreciate your feedback. GoldView
OANDA:XAUUSD
by Goldviewfx
SHIBA INU (SHIB) to drop another zero?Hello Traders, Today, by popular demand, I am doing an analysis on SHIBA INU. The current price action has recently bounced off of the running trend support and broken higher out of a descending triangle which is generally a bearish pattern but, can also break to the upside giving a similar target as if the price action had broken the pattern downward, which I have illustrated in the "long position" tool on the chart. Shib also seems to be heading for the 5th wave of the Elliot wave in this breakout. The further target is a range between the 1.5 and the 1.618 Fibonacci levels which would bring the price action to see yet another 0 to be taken out on the journey to .01. I remember trading DOGE heavily on its way up and the price action was very similar. For best practice though, it is always smart to plan for both an upward and a downward move in price action. That said, I have provided on the chart a good buying area if the support trend is broken. I will update when the price shows us more of the story. For all that are new to SHIBA INU I have put together some helpful information below regarding the coin and where to purchase it. As always, have a green week, Savvy ________________________________________________________________________________________________________________________________________________________________________________________________ Information Section SHIB Price Live Data The live SHIBA INU price today is $0.000072 USD with a 24-hour trading volume of $9,276,213,951 USD. We update our SHIB to USD price in real-time. SHIBA INU is up 6.95% in the last 24 hours. The current CoinMarketCap ranking is #9, with a live market cap of $39,278,326,276 USD. It has a circulating supply of 549,095,509,738,353 SHIB coins and the max. supply is not available. If you would like to know where to buy SHIBA INU, the top exchanges for trading in SHIBA INU are currently Binance, Mandala Exchange, OKEx, FTX, and Huobi Global. You can find others listed on our crypto exchanges page. What Is SHIBA INU (SHIB)? Once upon a time, there was a very special dog. That dog was a shiba inu, and this dog inspired millions of people around the world to invest money into tokens with the dog’s image on it. According to the SHIBA INU website, SHIB is the “DOGECOIN KILLER” and will be listed on their own ShibaSwap, a decentralized exchange. Shiba Inu coin was created anonymously in August 2020 under the pseudonym “Ryoshi.” The meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and Tweets from personalities like Elon Musk and Vitalik Buterin. Shiba Inu aimed to be the Ethereum-based counterpart to Dogecoin’s Srypt-based mining algorithm. Shiba Inu and the SHIB token are part of a swarm of dog-themed cryptocurrencies, including Baby Dogecoin (BabyDoge), Dogecoin (DOGE), JINDO INU (JIND), Alaska Inu (LAS), and Alaskan Malamute Token (LASM). These lesser-valued tokens have attracted investors who missed the Dogecoin pump from 0.0002 to nearly 0.75 USD. On Sept. 17, 2021, Coinbase, the largest US-based crypto exchange, listed Shiba Inu on their platform. This news caused Shiba Inu price to rise by over 40% in the following two days, bringing the meme dog token into the spotlight again. Who Are the Founders of SHIBA INU? The SHIBA INU WoofPaper has three reasons why their team created SHIB: “We started from zero, with zero.” “The brilliant minds behind Shib had never collaborated before.” “We love Shiba Inu Dogs.” The anonymous creator of the Shiba Inu coin is known as “Ryoshi.” However, very little is known of the mystery founder of the dog-themed cryptocurrency, much like the founder of Bitcoin, Satoshi Nakamoto. What Makes SHIBA INU Unique? The SHIBA INU website invites dog-inspired artists from all over the world to foster the “artistic Shiba movement” as they bring their SHIBA INU community into the NFT market. SHIBA INU has also created a campaign using Amazon Smile in order to collect donations for rescue real, live Shiba Inu dogs with the Shiba Inu Rescue Association. Related Pages: Learn more about Dogecoin. Learn more about Dogelon Mars. Learn more about the dog-related meme-coin craze. Learn more about trading with our definition of a dead cat bounce. Curious about the crypto space? Read our educational section — Alexandria. Want to keep track of Shiba Inu prices live? Download the CoinMarketCap mobile app! Want to convert the Shiba Inu price today to your desired fiat currency? Check out CoinMarketCap exchange rate calculator. How Many SHIBA INU (SHIB) Coins Are There in Circulation? The SHIBA INU website notes that they locked 50% of the total token supply on Uniswap, and “threw away the keys!” The remaining 50% was “burned to Vitalik Buterin.” In response to the “gift” from the Shiba Inu team, Vitalik Buterin sent 50 trillion SHIB tokens, worth $1 billion in Shiba Inu price at that time, to India’s Covid Crypto Relief Fund. Buterin then burned 40% of the total supply to a dead wallet. There are several other tokens described on the SHIBA INU website — LEASH, which has “been unleashed and will not rebase,” and BONE, the “Dogecoin Killer.” LEASH has a fixed supply of only 107,646 tokens, and offers enticing rewards to liquidity providers, while BONE has 250,000,000 tokens, and is a governance token that allows holders to vote on the Shiba Inu’s Doggy decentralized autonomous organization (DAO). The WoofPaper notes that you will use SHIB to DIG for BONES or ShibaSwap, or even BURY your tokens. “Trainers” can teach their Shibas to SWAP tokens as well — all of these actions create “Returns” that are put into the Puppy Pools, where the #SHIBARMY has the option of BURYING or DIGGING for BONES. In the beginning of May 2021, dog-themed meme tokens like Shiba Inu saw transaction volumes in the hundreds of millions of dollars. Shiba Inu price hit an all-time high (ATH) of 0.00005 on May 10, 2021, before going on a downtrend since. On May 13, Vitalik Buterin (who was given half of the token supply by the developers) announced that he was donating a large amount of these tokens to a fund helping India with COVID relief. The SHIBA developers had not anticipated Buterin selling his tokens, so the relief fund (as of May 18) will have to navigate how to sell the tokens to use the money on aid without preventing market shocks in the SHIB market. At the news of Buterin’s announcement, Shiba Inu price dropped 44%. How Is the SHIBA INU Network Secured? According to 22-page-long SHIB’s WoofPaper, SHIB is an ERC-20 token based on Ethereum, a proof-of-work blockchain currently transitioning to proof-of-stake. Where Can You Buy SHIBA INU (SHIB)? SHIB is listed on Huobi, Binance, Coinbase, Gate.io, Uniswap (V2) and OKEx, among other exchanges. To check Shiba Inu price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Shiba Inu currency page. Alternatively, use the dedicated exchange rate converter page. Popular Shiba Inu price pairs include: SHIB/USD, SHIB/GBP, SHIB/AUD and SHIB/EUR.
Long
by Savvythe1
7
Solana (SOl) Her path to $350 Updated25 minutes ago Hello Traders, This analysis in on Solana, as I am sure you know by now this has been a very impressive coin for your pocketbook without a doubt! Currently, SOL is looking to break into price discovery which she is no stranger to this whole run. An amazing project with many DaPPs being built on the ecosystem by the dozen, SOL is looking to head toward a future target of $350 and most likely head past that in the near future as well. I hope you have enjoyed this analysis and are welcome to join our Face book page Crypto Kinfolk. Fell free to ask me questions as I am the admin. As always, I have put together a fundamental analysis below for you to get a grasp on where to purchase this asset and to learn more about it. Have a green week, Savvy ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Fundamental Analysis SOL Price Live Data What Is Solana (SOL)? Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland. To learn more about this project, check out our deep dive of Solana. The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake ( PoS ) consensus of the blockchain. Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale. Who Are the Founders of Solana? Anatoly Yakovenko is the most important person behind Solana. His professional career started at Qualcomm , where he quickly moved up the ranks and became senior staff engineer manager in 2015. Later on, his professional path shifted, and Yakovenko entered a new position as a software engineer at Dropbox . In 2017, Yakovenko started working on a project which would later materialize as Solana. He teamed up with his Qualcomm colleague Greg Fitzgerald, and they founded a project called Solana Labs. Attracting several more former Qualcomm colleagues in the process, the Solana protocol and SOL token were released to the public in 2020. What Makes Solana Unique? One of the essential innovations Solana brings to the table is the proof-of-history (PoH) consensus developed by Anatoly Yakovenko. This concept allows for greater scalability of the protocol, which in turn boosts usability. Solana is known in the cryptocurrency space because of the incredibly short processing times the blockchain offers. Solana’s hybrid protocol allows for significantly decreased validation times for both transaction and smart contract execution. With lightning-fast processing times, Solana has attracted a lot of institutional interest as well. The Solana protocol is intended to serve both small-time users and enterprise customers alike. One of Solana’s main promises to customers is that they will not be surprised by increased fees and taxes. The protocol is designed in such a way as to have low transaction costs while still guaranteeing scalability and fast processing. Combined with the longstanding professional expertise creators Anatoly Yakovenko and Greg Fitzgerald bring to the project, Solana is ranked number 7 in the CoinMarketCap ranking as of September 2021. This came on the back of an impressive bull run, where Solana price gained over 700% since mid-July 2021. The launch of the Degenerate Ape NFT collection sent SOL price to an all-time high ( ATH ) above $60, and it has been climbing since, largely due to higher developer activity on the Solana ecosystem, greater institutional interest, growing DeFi ecosystem, and the rise of the NFTs and gaming vertical on Solana. Solana price rose to an ATH of $216 on Sept. 9, 2021. Related Pages: Read more about Steem. Check out Marlin. Learn more about Decentralized Finance (DeFi). Curious about the crypto space? Read our educational section — Alexandria. Want to keep track of Solana prices live? Download the CoinMarketCap mobile app! Want to convert Solana price today to your desired fiat currency? Check out CoinMarketCap exchange rate calculator. How Many Solana (SOL) Coins Are There in Circulation? The Solana Foundation has announced that a total of 489 million SOL tokens will be released in circulation. At the moment, about 260 million of these have already entered the market. The SOL token distribution is as follows: 16.23% went towards an initial seed sale, 12.92% of tokens were dedicated to a founding sale, 12.79% of SOL coins were distributed among team members and 10.46% of tokens were given to the Solana Foundation. The remaining tokens were already released for public and private sales or are still to be released to the market. Solana price during the initial seed sale, held on April 5, 2018, was $0.04. Given the recent ATH , that represents an impressive 5400X return on investment ( ROI ). How Is the Solana Network Secured? Solana relies on a unique combination of proof-of-history (PoH) and proof-of-stake ( PoS ) consensus mechanisms. Proof-of-history is the main component of the Solana protocol, as it is responsible for the bulk of transaction processing. PoH records successful operations and the time that has passed between them, thus ensuring the trustless nature of the blockchain. The proof-of-stake ( PoS ) consensus is used as a monitoring tool for the PoH processes, and it validates each sequence of blocks produced by it. The combination of two consensus mechanisms makes Solana a unique phenomenon in the blockchain industry. Where Can You Buy Solana (SOL)? SOL tokens can be purchased on most exchanges. One choice to trade Solana is on Binance, as it has the highest SOL/USDT trading volume , $753,103,225 as of September 2021. Next is Coinbase, with a trading volume of $343,872,841. Other options to trade Solana include FTX, Bilaxy and Huobi Global. Of course, it is important to note that investing in cryptocurrency comes with a risk, just like any other investment opportunity. To check Solana price live in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Solana currency page, or the dedicated exchange rate converter page. Popular Solana price pairs include: SOL/USD, SOL/GBP , SOL/AUD, SOL/JPY and SOL/EUR .
Long
by Savvythe1
2
ma5 breakout trading setup - Earlier last week we posted some basic MA5 setup action and how effective it is in gold setups. Today we show you how a simple trading setup that you can use to draw strong levels and how to trade with them. Support and resistance can be drawn in many ways and often traders find what works for them and use that method. This is a method we use to create strong levels of support and resistance lines that get respected well in trading gold. We draw a line where the MA5 average creates a turn angle. We then wait to see how this level is challenged and broken. When the ma5 average line breaks this level, we wait for a 1H candle to close after, as confirmation of the challenge being broken. We can then place an entry on the next candle opening or from a reversal and target a capture of 200 pips or some of our experienced traders will target exit at the next level. If this is over 1000 pips then we use strong money management techniques to baby sit the trade. As the weeks go by we will start to build on these trading setups. Please support my team here to provide more knowledge on this platform. We have a strong reputation in the trading world but new to sharing on this platform. support us with follows and likes so we can build on sharing our setups with you.
OANDA:XAUUSDEducation
by Goldviewfx
3
IS TESLA DISTRIBUTING? OR REACCUMULATING?Hello my beauties. I think TSLA is going through an interesting phase. It broke the trendline that led it to its all time high, and the sellers came in strong, stunning it sideways. For us to fully understand what is happening, we'll need to wait for some more price action. However, the following scenarios are possible, in my opinion: 1) TSLA will give us a nice UT (upthrust) off the higher end of the trading range, and we'll know that a distribution is happening, with the subsequent downtrend that will result from it; 2) TSLA will spring out off the lower end of the TR (trading range) and give us a nice uptrend continuation. The bias for now is neutral, as we wait for price action to give us further indications. It is something that I'll be keeping an eye on. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFX
NASDAQ:TSLA
by TrickleDownFX
GBPJPY in Bears control!Based on the chart, price reached a resistance area and yesterday a rejection form this area happened. Also the chart behavior can show us a weakness on buyers because we can not see a recent high on the chart(there is no higher and higher right now!) So the weakness on buyers and the strength of sellers at this area lead me to open a sell position with a good risk reward ratio (about 1:4 for first target and 1:8 if it goes to the next target). Note: As always please take risk management rules into consideration before opening any position on the market. Good Luck!
Short
by Brian_Philips
2
Square: Next Long & Short OpportunityHi traders! Square has completed a 5-ways impulse move up, and we have shorted it at the end of wave 5 to capture a potential breakdown in case the Nasdaq falls. If that does not happen, we will take profit and invert the position into a long. The green box is our long entry (LE) where price may reverse with high probability, however the other fib levels are also possible. A move above the green "Bullish confirmation" line will confirm our bias and we can start adding to our position. Levels We find the strongest volume support at the .382 fib. Averages The 200 MA also heads towards the $220 area, a MA that has been respected well before. Waves Look for a completion of the ABC correction with a wave C that consists of 5 smaller subwaves. Invalidation If price keeps dropping without any sign of reversal, we let our short run and take profit towards the double bottom, or speculate on a total breakdown below the red line for the most bearish scenario. Happy trading!
NYSE:XYZLong
by UnknownUnicorn12250317
1
NZDUSD Good opportunity to buyBased on the chart, a resistance area is broke and a pull back has completed. Something that is obvious on the chart, is about the bulls pressure at this zone and on the other hand a weakness on sellers is considerable. So based on the this scenario we can conclude that it can be a good (and some how safe) supply area. Therefore I opened a buy position with a low amount of risk and gaining high rewards which is about 1:5 to me. Note: As always please take all risk management rules into consideration before opening any position on the market. Good Luck!
Long
by Brian_Philips
2
XAUUSD In Bulls control!Based on the chart, a major resistance area is broken and a pullback is completed. The strength of buyers is observable at this area which can be seen by a Doji candle formed today(However is not finished yet!). So the weakness of sellers and power of buyers at this area, lead me to open a buy position as it presented on the chart which can provide a good risk reward ratio for trading (about 1:3) Note: As always please take all risk management rules into consideration before opening any position on the market. Good Luck!
FX:XAUUSDLong
by Brian_Philips
GBPCHF good buy opportunity!Based on the on the chart, price has broken a major support area and a pullback on this area has completed. Also we can clearly see that the strength of sellers decreased on this support area(which previously act as resistance) while we can see good rejection which can be a proof of buyers power at this zone. So based on this this scenario and with considering risk reward standards, I opened a buy position with a good risk reward ratio about 1:3. Note: As always please take risk management rules into consideration before opening any position on the market. Good Luck!
Long
by Brian_Philips
CVS - 6.18% Profit Potential - Ascending TriangleCareful - I will wait for earnings before placing this order. Ascending Triangle formed after a 6-month correction and a recent run. Betting on last month's momentum run. Good risk-reward ratio and target set at a potential formation of a 6-month resistance line. - Target Entry: $77.80 - Target Stop Loss: $75.91 - Target Exit: $82.51 - Risk / Reward Ratio: 2.49 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
NYSE:CVSLong
by maschera
active trade set upwe are now explaining how do we take trade so you don't have just an idea but actually the process behind the trade. our entry trigger: 3 bullish confirmation on the macd -macd with histogram forcast showing a bullish momentum -macd4c showing a regression from the bearish momentum -macd vxi showing that volatility is on our side volume -increase of volume giving us a good support to our macd trigger. momentum rsi: showing an entry signal fib support- value area making our macd signal even more relevant ema showing an global downtrend. fondamentaly: using a forex correlation matrix to see divergence between pair. you have our tp and sl level so you can see were we see our idea become obselete or complete. best regards, daniel forex analyst for richmonstocks.
Education
by RICHMONSTOCK