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XAUUSD | Gold Spot | Buy and Sell OpportunitiesDay : Bullish Trend 15m : Long Entry: Take a long position after a 15-minute sell-side liquidity sweep during the London session. Short Entry: Take a short position after a 15-minute buy-side liquidity sweep during the London session. In either case, wait for 1-minute confirmations before entering the trade. If there is no confirmation during the London session kill zones, wait for the next kill zone's -----------------------------
FX:XAUUSD
by arjTradingofficial
GBPUSD | Selling OppurtunityDay Trend : Bearish 15m : Bullish Trend( in the process of Supply Zone Mitigation ) as soon as liquidity sweep in buyside, wait for 15m bearish confirmation 1m: enter into trade after 1m bearish confirmation Note: If there is a bullish confirmation in the 15-minute trend and 1-minute confirmation, we can enter a long (buy) trade until the buy-side liquidity sweep. Later, we need to find a bearish (sell) entry opportunity. Don't deviate from the process for 1-minute confirmations.
Short
by arjTradingofficial
Expected Volatility Period: Around August 5 (August 4-6)Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (1M Chart) The key is whether it can maintain an uptrend along the long-term rising channel. To do so, it is necessary to check whether it is supported and rising around 0.382 (0.6166). The most important support area is around 0.47. If the price maintains above 0.47, XRP is expected to form an uptrend. If the uptrend continues, 1st: 0.5 (0.7144) ~ 0.7460 2nd: 1.0409 The 1st and 2nd areas above are expected to act as resistance. - (1W chart) A volume profile area has been formed in the 0.5455-0.6070 area. Accordingly, the key is whether it can be supported and rise in the 0.5455-0.6070 area. Therefore, whether it can be supported or not in the 0.382 (0.6166) area is important. If it falls below the 0.47 point and shows resistance, I think it would be better to wait until it rises again without trading if possible. If you want to buy, it is better to buy when it rises rather than when it falls. The reason is that if it falls below 0.47, it will enter the mid- to long-term investment zone, so I don't know when it will rise. We need to check whether it can break through the first resistance zone of 0.6810-0.7460. - (1D chart) The key is whether it can receive support near 0.6296 and rise. If not, we need to check which direction it deviates from the 0.6070-0.6296 zone and maintains the price after around August 5. - The fact that the HA-High indicator was created means that a high point zone has been formed. Therefore, in most cases, it will not break through the box zone of the HA-High indicator and will fall. If it does not and breaks through the box zone of the HA-High indicator upward, there is a high possibility that an upward trend will begin. In this sense, the 0.5682-0.5979 section should be interpreted as an important support and resistance section for an upward trend. Accordingly, if we look at it comprehensively, the 0.5455-0.6296 section is an important support and resistance section. If we think about a trading strategy based on this section, Buy section: 0.5682-0.5979, 0.6296 Stop loss section: 0.5455 1st sell section: 0.6810-0.7460 You should set it as above and think about whether you can proceed with the transaction according to your trading strategy. The box section of the HA-High indicator of the current 1D chart is 0.5833-0.6379. The box section of the HA-High indicator of the previous 1D chart is 0.5712-0.7077. Therefore, there is a possibility that it will be restricted in its rise, but if it shows support near the HA-High indicator of the current 1D chart, it is expected that it will maintain its upward trend. Therefore, the current wave can be said to be the beginning of a different wave from the previous wave. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the full-scale upward trend will start when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 13401.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
Trade Setup: WIF Long PositionMarket Context: WIF set in a double bottom on July 11th and has since climbed 90%, establishing a higher high and breaking the downtrend. The price is currently retracing, and we are looking for acceptance above $2. Observing this area for signs of a bounce will help in trading the breakout while setting in a higher low. Trade Parameters: Entry: Enter a trade between $2 and $2.2. Take Profit: First target: $3 Second target: $3.6 Stop Loss: Set at a daily close below $1.90 📊 Monitor price action closely around the $2 area for signs of a bounce. Ensure to manage your risk effectively and adjust the trade if market conditions change. #WIF #TradingStrategy #CryptoTrading 🎯
Long
by Richtv_official
Gold's Next Big Move: Will It Skyrocket or Plummet? Expert View!Major Support / Resistance Zone: This zone is marked clearly on the chart and acts as a significant level where price has previously reversed or consolidated. It's crucial to monitor how price reacts around this area. Wave Analysis: The chart shows a clear Elliott Wave structure, with a 5-wave pattern identified. Waves (1) to (5) represent the motive waves, and the correction waves are seen in between. Bearish Flag #1 and #2: These flags indicate periods of consolidation following a downward movement, suggesting potential for continuation to the downside. They are often characterized by lower highs and lower lows forming within a channel. Descending Channel: The descending channel provides a clear bearish structure, with price making lower highs and lower lows. This channel acts as a guide for potential price movement, indicating bearish sentiment as long as the price remains within this structure. Daily Bull Flag: This larger bullish flag formation suggests a longer-term bullish potential if price breaks above the flag's upper boundary. It's a key pattern to watch for potential upside. 1HR LQZ / Reversal Zone: This liquidity zone (LQZ) is marked as an area where a significant amount of orders might be present, potentially leading to reversals or significant price reactions. 4HR LQZ: Similar to the 1HR LQZ, but observed on the 4-hour timeframe, suggesting a more significant potential reversal or consolidation area. Bullish Potential: If the price breaks above the 1HR LQZ / Reversal Zone and the descending channel, there is a bullish potential up to the levels marked on the chart. The structure would need confirmation through higher highs and higher lows. Bearish Potential: If the price fails to break above the descending channel and instead moves below the 4HR LQZ, a bearish continuation is likely, potentially targeting lower support levels. Summary The chart indicates a potential for both bullish and bearish scenarios depending on how the price reacts to the identified key levels (major support/resistance zone, 1HR and 4HR LQZs, and the descending channel). Bullish scenario: Break above the 1HR LQZ and the descending channel, leading to a continuation towards higher levels. Bearish scenario: Failure to break above the descending channel and a move below the 4HR LQZ, indicating a continuation to the downside. This analysis should help in making informed trading decisions based on the observed technical patterns and key levels.
OANDA:XAUUSDLong
by Adlercon333
2
400 Pips in a Week! Discover the Secret Behind Trading Strategy!Technical Breakdown Ascending Channel Formation: The price has been moving within an ascending channel, indicating a bullish trend. The upper and lower boundaries of the channel have provided resistance and support, respectively. Support/Resistance Level: A key horizontal level around 2,430 has acted as both support and resistance. This level was tested multiple times, showing its significance in the price action. Bear Flags: Two bear flags are identified, one on the 15-minute chart and another on the 30-minute chart. Bear flags typically indicate continuation patterns in a downtrend, suggesting further bearish movement. Higher High (HH) and Lower High (LH): The chart shows a higher high (HH) followed by a lower high (LH), indicating a potential shift from a bullish to a bearish trend. Price Target (TP): The TP is marked at 2,348, suggesting a potential downside target based on the current technical setup.
OANDA:XAUUSD
by Adlercon333
2
DON’T Look at a screen all day! - Here's whyStop Watching Your Trades All Day Have you ever found yourself glued to your screens, watching every tick of the market, and feeling the stress levels rise? If so, you’re not alone. You might find it productive and what is essential but it’s actually a more dangerous habit than you might think. Watching every tick will rise your cortisol (stress) levels. It might cause you to take impusive trades. And you might adjust your trading levels when you shouldn’t. And so in this piece of writing I’m going to show you why you should stop watching the screens all day. The Cortisol Rush Every time you check the market and see a fluctuation in your trades, your body responds by releasing cortisol, the stress hormone. While cortisol is useful in fight-or-flight situations, in trading, it can lead to quick and unnecessary decisions. And you’ll end up taking more lower probability trades than you should. It’s time you lead a more balanced, stress free and calmer trading life. Distraction from Higher Priorities Trading should be a part of your life, not the entirety of it. You shouldn’t obsess over every market movement. Your job is to wait for high probability trades to line up, take them and then let the market take over. Also, you the trick is to focus on other vital aspects of your life like: family, health, and even your full-time job if you have one. Balance is key to sustain success in both your personal and professional life. Now there are a number of benefits when NOT looking at a screen all day. Benefit #1: Beter Decision-Making When you’re not constantly reacting to market volatility, you have more time to analyze your strategies and make more informed decisions. This way you can priortise in what is absolutely needed to act on when you do trade. Benefit #2: Improved Quality of Life Life is NOT just about trading. So once you’ve taken a trade and reduced your screen time, you will be able to free up time for other activities that enhance your well-being. I’m talking about things like exercise, hobbies, and time with loved ones. A well-rounded life supports better mental health, which in turn can improve your trading performance. Benefit #3: Increased Productivity Believe it or not, spending less time watching your trades can actually make you more productive. You will also have the right amount of energy and focus to set specific times to check the market and stick to a trading plan. Time management is everything. This disciplined approach can lead to better outcomes than erratic, all-day monitoring. So how do you use your time for when you trade? ACTION #1: Use Alerts Wisely: Analyse and set up your trading alerts for specific price levels, when your strategy lines up or wait for my trading ideas where I do all the work for you. Let technology or a mentor help you t so you don’t have to watch the markets to do the monitoring for you. ACTION #2: Create a Balanced Schedule: You should also take the time to Incorporate other important activities into your daily schedule. This could include exercise, reading, or spending time on a hobby. It’s all about creating a healthy work-life balance. ACTION #3: Check and review your Trading Plan Regularly: When you review and check your trading track record and journal, this will tell you whether you’re on the right path to growing your portfolio. You need to base this time on looking at the stats, metrics, seeing the mistakes you made. And where you are with your trading in total. This only requires you to do this once a week or so. And it will reduce the time you think you need to constantly check the markets. FINAL WORDS: As I always like to say sometimes less is more. Drop the screen time and focus on what is important. Lower your stress and keep to a well-balanced trading life. This way you’ll be able to integrate trading in a more effective and profitable way. Trade well, build wealth.
JSE:J200Education
by Timonrosso
1
Main Volatility Period: Around July 28thHello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- I'm back from vacation a little early and leaving some ideas. --------------------------------------- (USDT chart) USDT seems to be maintaining an uptrend. It seems to have created a long tail this time. We need to check if it can continue the gap uptrend. - (USDC chart) We need to check if it can be maintained above 32.435B, which is considered an important point for USDC, or if it can continue the gap uptrend. I think the gap uptrend of USDT or USDC is a trace of funds flowing into the coin market. ------------------------------------------------ (BTC.D 1M chart) We need to check if it can meet resistance in the 55.01-62.47 range and fall. If BTC dominance rises above 62.47, the coin market is expected to show a large downtrend. If it is maintained below 55.01 or shows a downward trend, I think it is highly likely that the altcoin bull market will begin. - (USDT.D 1M chart) However, USDT dominance must be maintained below 4.97 or show a downward trend. Therefore, - BTC.D: below 55.01, - USDT.D: below 4.97 If the above conditions are met, the coin market is highly likely to show an upward trend. ---------------------------------------------------- (BTCUSD 12M chart) The BTCUSD chart is an INDEX chart provided by TradingView. Based on this chart, we can see that it has been in an upward trend for 3 years and in a downward trend for 1 year. Therefore, if it follows these rules, it is expected to continue its upward trend until 2025. Therefore, if it continues to rise until 2025, it is expected to rise to around 1.618 (89126.41). If it rises to its maximum, it is expected to touch around 2 (106275.10). ------------------------------------------------------ (BTCUSDT 1M chart) According to the explanation of the BTCUSD chart above, there is a section that must be guarded in order to continue the upward trend. That section is the 2nd section (56K-61K). If not, if it falls below 56K and shows resistance, it should check whether it is supported in the very important section of 42283.58-43.160.0. - If you look closely at the 2nd section, you can see that it corresponds to the previous high section. Therefore, if it receives support near the second section, I think it is highly likely that the buying force will increase and show an upward trend. - Since the StochRSI indicator has fallen below the midpoint, we can see that the downward strength has increased. Therefore, we can see that support near the second section is important. ---------------------------------------------------------------------- (BTCUSDT 1W chart) The 65920.71 point is the HA-High indicator point on the 1W chart. Therefore, a full-scale uptrend on the 1W chart can only begin if the price is maintained above the HA-High indicator on the 1W chart. If not, it will act as resistance. - The important rising channel corresponds to the channel where the rising wave started. Therefore, if it falls below this important rising channel, it is highly likely to form a new trend, so we need to check if it can rise along this rising channel. Therefore, if it falls below 56K, it should be interpreted as highly likely to create a downward wave. -------------------------------------------------------- (BTCUSDT 1D chart) Looking at the 1W chart, there is a period of volatility around the end of July. Therefore, based on this, looking at the 1D chart, it corresponds to the main volatility period around July 28. However, it is expected that volatility will begin around July 15 and full-blown volatility will appear around July 28. Depending on the direction it moves during this volatility period, I think it is highly likely that a trend will be created around August 12. - What we need to check as we pass this period of volatility is what it looks like in the important support and resistance areas. Important support and resistance areas are: 1. HA-High indicator point (65920.71) on the 1W chart ~ HA-High indicator point (67614.25) on the 1D chart 2. HA-High indicator point (61099.25) on the 56K ~ 1M chart 3. 42K ~ 43K You should check what kind of movement is shown around 1 ~ 3 above. - Currently, the StochRSI indicator is showing a downward trend after touching the highest point of the overbought zone. However, it is still in the overbought zone and StochRSI > StochRSI EMA, so you can see that the upward strength is still strong. Therefore, rather than judging that it will fall soon and proceeding with a trade in advance, I think it is better to take some time to check the situation. The 61099.25 point is where the HA-High indicator of the 1M chart is about to be created, so if it receives support near this point, it is likely to show a stepwise upward trend. Therefore, you should consider your average purchase price, but if the average purchase price is formed below 61099.25, it is recommended to watch the situation a little longer. - Since it has just come out of the short-term downtrend channel, it is highly likely that a support zone will be formed. Accordingly, there is a possibility that a pull back pattern will be shown. Therefore, if a pull back pattern is formed, it is expected to be around 59053.55-61099.25. This is because it will prevent it from re-entering the short-term downtrend channel. - The fact that the HA-Low indicator was created means that a low zone has been formed, and the fact that the HA-High indicator was created means that a high zone has been formed. Therefore, in order to form a trend, it must fall below the HA-Low indicator or rise above the HA-High indicator. If not, it will form a box section, i.e. a sideways section. ------------------------------------------------------ To summarize the above, 1. The start of a full-scale uptrend requires the price to be maintained above 67614.25, which corresponds to the last buying period and a stepwise uptrend is likely to begin. 2. If it fails to rise above the HA-High indicator, it is likely to fall near the HA-Low indicator, and if it falls below the HA-Low indicator (57754.37), a stepwise downtrend is likely to begin. 3. The main volatility period is around July 28, but volatility is likely to occur around July 15. Depending on the direction of movement during this volatility period, it is likely to form a trend around August 12. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. Since I think it can create a new trend in the overshooting section, I need to check the movement when this section is touched. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to create a pull back pattern and start after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2
Important section: 3265.0 ~ 0.618 (3543.65)Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- I think that the cause of the large volatility in the investment market is various political, economic, and social causes that affect the investment market. Therefore, I look for various issues or news. However, I think that these causes rarely directly affect the investment market. Therefore, I think it is better to first understand the flow of funds or charts of investment products and then look at various issues or news. Otherwise, you may interpret various issues or news from a subjective point of view and proceed with trading in the wrong direction. I hope that you always keep this in mind and maintain objectivity when conducting trading. ----------------------------------------- (ETHUSD 12M chart) ETHUSD chart is an INDEX chart provided by TradingView. - The first rising wave rose to around 0.886 (1384.76), and the second rising wave rose to around 3.14 (468.08). The wave we should pay attention to is the second wave. Since the third wave is in progress after the second wave, I think it needs to rise above 0.707 (3879.94), which is the downtrend point of the second wave, to eventually create a new rising wave. The 0.707 (3879.94) point corresponds to around 2.618 (3918.46) of the first rising wave, so we can see that it is an important location. - Also, you can see that the 0.5 (3092.49) point of the second rising wave is important because it is near the 2 (3014.40) point of the first rising wave. Therefore, if there is an additional decline, you should check if it is supported near 0.5 (3092.49). - If the price rises above 0.618 (3541.38) of the second rising wave and maintains, I think it is likely to rise to near 1 (4994.56). ------------------------------------------------------ The INDEX chart is a chart that synthesizes charts provided by multiple exchanges, so it cannot be used directly for trading. Therefore, you can use the INDEX chart to analyze the chart. - (ETHUSDT 1M chart) The ETHUSDT chart is a Binance exchange chart. - The 3321.30 point is the HA-High indicator point on the 1M chart. Therefore, it means that a high point section has been formed at the 3321.30 point. Therefore, if it is supported near 3321.30, it means that a new high point, that is, a new upward trend, is likely to be formed. If it falls without support, it will create a downward wave. ------------------------------------------------------------ (ETHUSDT 1W chart) It shows a downward and re-entered pattern in the rising channel. Therefore, the key is whether it can maintain the price by rising above 0.618 (3543.65). If not, it should check whether it is supported near 3265.0-3321.30. - If it falls below 3265.0-3321.30, there is a possibility that it will fall near the HA-Low indicator of the 1W chart, so you should think about a countermeasure for this. Currently, the HA-Low indicator of the 1W chart is formed at the 1340.12 point. As the price falls, there is a high possibility that a new HA-Low indicator will be created, so it is necessary to check where the HA-Low indicator is formed. - What we can do from the current position is to check whether it is supported near 3265.0-3321.30 or near 0.618 (3543.65). If it is supported near these two areas, you can start trading (buying). -------------------------------------------------------------- (ETHUSDT 1D chart) The chart may look complicated, but if you understand the important points or sections I mentioned in the explanation of the 1M, 1W charts above, I think you will have no difficulty in looking at the chart. - The section with the circle drawn is likely to play an important role as support and resistance. So, if you look at it broadly, 1. 3014.05-3321.30 2. 0.707 (3883.16) ~ 4093.92 You can see that the above 1 and 2 are forming large support and resistance sections. If we break this down a bit more, 1. 3014.05 ~ 0.5 (3093.51) 2. 3265.0-3321.30 3. 3503.68 ~ 0.618 (3543.65) 4. 3787.59 5. 3962.19 It can be divided into 1-5 above. - The current position is not a good area to start trading. The reason is that support has not been confirmed yet. Therefore, I think it is better to wait until support is confirmed around 3265.0-3321.30 or around 3503.68 ~ 0.618 (3543.65). - Since the HA-Low indicator on the 1D chart is formed at 3079.59, it is highly likely that the step-down trend will start when it falls below 3079.59 at the current point. Therefore, the support around 3265.0-3321.30 is the key. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the full-scale uptrend will start when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 13401.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Why it PAYS to be a PATIENT trader - 5 ReasonsPatience isn’t just a virtue. Patience is your portfolio’s best friend. Now you might think that patience is just sitting on your hands and doing nothing. It’s not! It’s about taking the time to prepare, analyse and wait for when the moment arrives. And that’s why you have to keep your eyes peeled and ready to take on the big bad market. So here are 5 reasons why it pays to be a patient trade. 🚦 #1: Stops You From Making Impulsive Decisions Ever caught yourself hitting the ‘buy’ button for the sake of taking a trade? You’re not alone. Impulse is the enemy of reason, and in trading, it’s the fast track to a thinner wallet. Remember, the market will always be there tomorrow, but the same can’t be said for your capital. Impulsive decisions normally yields LOW probability trades. And that’s a reason in itself to STOP doing it. Why take the risk? 🔍 #2: Helps You Spot High Probability Trades The markets speak to those who listen. Patience gives you the superpower to cut through the noise and hone in on high-probability trades. It’s like having a financial crystal probability ball. Instead of predictive qualities, you’re armed with analysis, trends, and a likelihood of how a trade is more likely to play out. Remember, more trades from all types of markets don’t mean more wins. Often, they just mean more fees, more stress and more losses. 🤲 #3: Hold Onto Winners Got a winner in play? Cool… Patience says, “Hold it, let’s ride this wave a bit longer.” It’s the difference between a quick sprint and a marathon. Sure, locking in profits feels good and it looks promising on the portfolio. But in the medium to long run, it’s a traders kryptonite to defeat. Trading patience whispers in your ear, “There’s more to come,” and more often than not, it’s right. 🧠 #4: Takes Away Fixation Obsession is a trader’s Achilles heel. Patience frees you from the chains of market fixation. This will allow you to take a step back, focus on other things and not get hung up on every markets ticks. Stop fixating on your trades once you’re in. You have the strategy in play, you have risk and reward levels setup. Let them be and follow your strategy (regardless of whether it’s a winner or a loser). 🐆 #5: Wait for the Prey In the wild, the most successful predators are those that can wait, watch, and pounce at the perfect moment. A leopard will wait for hours in the tall grass. But when the probability is high and the leopard has done its instinctual calculations – it will pounce and WIN. You’re not chasing every gazelle; you’re waiting for the right one, the one that’s worth the energy. It’s about being proactive, not reactive. You set your terms, your entry, and exit points, and then you wait. The market will move; it always does. And when it moves into your crosshairs, that’s when you strike. So let’s sum up the reasons it pays to be a patient trader. 🚦 #1: Stops You From Making Impulsive Decisions 🔍 #2: Helps You Spot High Probability Trades 🤲 #3: Hold Onto Winners 🧠 #4: Takes Away Fixation 🐆 #5: Wait for the Prey
JSE:J200Education
by Timonrosso
Is the Dollar (DXY) About to Shock the Markets? Take a look NOW!DXY Analysis: Potential Bullish and Bearish Scenarios Overview: This analysis of the U.S. Dollar Index (DXY) on a 4-hour timeframe outlines potential bullish and bearish scenarios based on price movements and key levels. Bullish Scenario: For a bullish continuation, we need to see: Corrective price movement in the area of the blue box. An impulsive move above the last short-term high, forming a liquidity zone (LQZ) on a lower timeframe, or a bullish pattern such as a bull flag on the 1-hour or 15-minute chart. Bearish Scenario: For a bearish continuation, the following conditions should be met: A clear impulsive move underneath the blue transparent box structure. Confirmation of the break below, either through the formation of a LQZ or a bearish pattern, indicating a continued push lower. Possible False Breakout: There is also the possibility of a false breakout, where the price briefly breaks a level but fails to sustain the movement, reversing direction instead. Mindset Lesson: Handling Uncertainty and False Breakouts: Stay disciplined and stick to your trading plan. Embrace flexibility and be ready to adjust your approach. Manage risk effectively. Be patient and wait for the right setups. Learn from each trade to continuously improve.
TVC:DXY
by Adlercon333
Volatility period starting around July 15thHello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (USDT 1M chart) (USDC 1M chart) The key is whether USDT and USDC can continue the gap uptrend. I think the gap uptrend is a phenomenon where funds are flowing in. ------------------------------------- (BTCUSDT 1D chart) The important volatility period is around the end of July, but I think the volatility period is likely to start around July 15th. I think it is likely to turn into an uptrend if it rises above the 59053.55-61099.25 range and breaks out of the short-term downtrend channel. If not, and it moves sideways in the 56K-61K range, it is likely to form a trend after around August 12th. - If it falls below 56150.01, it is likely to touch the M-Signal indicator on the 1M chart. If that happens, it is likely to turn into a downtrend in the long term, so caution is needed. The 56K-61K range is an important range on the 1M chart, so you can start trading depending on whether it supports it or not. Therefore, the key is whether it can rise along the medium- to long-term rising channel. - If it rises above 61099.25, 1st: 64K 2nd: 65920.71-67614.25 The above 1st and 2nd areas are expected to act as resistance. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 13401.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2
Possibility of forming a new trend around the end of JulyHello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (1M chart) In the big picture, the important sections are 1. 1.13 (67031.36) : 69K 2. 0.886 (56090.42) ~ 1 (61202.17) : 59053.55 3. 0.618 (44073.32) : 42K-43K I think section 2 of the above sections is an important section that determines the trend. - The MS-Signal indicator is an indicator created to find out the trend based on MACD. Therefore, we need to check how much the M-Signal indicator on the 1M chart rises and is created when a new month begins. It is expected to rise to around 0.786 (51606.42). - The StochRSI indicator is showing a downward trend near the midpoint. Therefore, I think there is a high possibility of volatility. At this time, we need to check if the StochRSI indicator shows a reversal. If the StochRSI indicator does not show a reversal, it is highly likely that it will eventually fall further. - Therefore, we can see that it is currently moving sideways near the important section. The sideways section is a fairly wide section, from 0.886 (56090.42) to 1.27 (73308.95). - (1W chart) Among all time frame charts, I think the 1W chart is the best chart for checking trends. Therefore, I think it is a chart that must be referenced in order to trade based on trends. - Currently, the most important thing to look at in the 1W chart is the important rising channel. The important thing is whether it rises along this rising channel or breaks away. In this regard, I think it is highly likely that a trend will be formed around the end of July. And, it is expected that the trend will be confirmed around mid-September. Therefore, whether there is support around 2. 0.886 (56090.42) ~ 1 (61202.17): 59053.55 is an important issue. You can think of the other parts drawn on the chart as information for creating a detailed trading strategy. - (1D chart) If you look at the important rising channel drawn on the 1W chart, it corresponds to important trend lines 1 and 2 on the 1D chart. Therefore, you can see that it is currently passing an important period. - It is moving in a medium- to long-term rising channel, but it is currently in a short-term falling channel. Therefore, you need to check if you can establish a foundation for forming a new trend based on the 64K area. If not, it is likely to fall to the lower end of the important rising channel drawn on the 1W chart, near 56K. - As I mentioned on the 1M chart, it is moving sideways, so you need to be careful when making new trades. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. Since it is thought that a new trend can be created in the overshooting section, it is necessary to check the movement when this section is touched. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to create a pull back pattern and start after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
5
Example of how to effectively use auxiliary indicatorsHello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- The StochRSI < 80, StochRSI > 20, OBV, -100, +100, RSI < 70, RSI > 30 indicators included in the HA-MS indicator are indicators that express the formulas of each basic indicator by modifying them. These indicators can be intuitively confirmed by expressing each indicator on a price candle, and can be used as support and resistance points for detailed trading strategies. - (1M chart) The most frequently referenced RSI indicators have been added to be drawn on price candles as RSI < 70, RSI > 30 indicators. Therefore, if the price is maintained above the 3014.05 point, it can be interpreted that the RSI indicator is in the overbought zone. Therefore, the 3014.05 point corresponds to the support and resistance zone. - The +100, -100 indicators are indicators that express the CCI indicator. The CCI indicator interprets the -100 to +100 range as a sideways range based on the 0 point. If it rises above +100, it is interpreted that it has escaped the sideways range and formed an upward trend. If it falls below -100, it is interpreted that it has formed a downward trend. Therefore, if it rises above the 3762.29 point, it should be interpreted that it is highly likely to form an upward trend. Therefore, if it rises above the +100 indicator point, you can conduct a breakout trade. - If you understand the concept of the above indicators, I think you can create a trading strategy with just these indicators. - The HA-High indicator is formed at the 3321.30 point, so the most basic standard is the 3321.30 point. Therefore, you should set the 3321.30 point as the standard and use the support and resistance points of the above indicators to create a trading strategy that suits you. The trading strategy may vary depending on your investment period, investment amount, average purchase price, etc. Even so, the HA-High and HA-Low indicators can be the standard for the chart, so you should consider the location of these indicators. - (1W chart) It is currently continuing to rise within the rising channel. Therefore, the key is whether it can rise along the rising channel. - The 3265.0 point and the 3321.30 point are the HA-High indicator points of the 1W and 1M charts. Therefore, the area around the 3265.0-3321.30 section can be seen as the standard for trading. Therefore, if it falls below the 3265.0-3321.30 section, it is highly likely that it will fall further. However, the 3014.05 point is the RSI < 70 indicator point of the 1M chart, so if the price is maintained above 3014.05, it is likely that it will continue to rise in the long term. Therefore, if it falls below the 3265.0-3321.30 section, it is necessary to check whether there is support in the 3014.05-3136.41 section. - (1D chart) Currently, the HA-High indicator of the 1D chart is formed at 3787.59. Therefore, in order for a full-scale uptrend to begin, the price must be maintained above 3787.59. - The +100 indicator is formed at 3523.09. Therefore, in the short term, it is highly likely that an uptrend will be formed if it rises above 3523.09. If not, the movement is likely to continue in the sideways section of the CCI indicator. - As above, you should look at the charts in order of 1M, 1W, and 1D charts, interpret them comprehensively, and create and modify your trading strategy by considering your average purchase price or investment period. Again, among the indicators on this chart, the most basic indicators for trading are the HA-High and HA-Low indicators. To find out the basic trend, you can check the movement of the MS-Signal indicator. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture The real uptrend is expected to start after rising above 29K. The area expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 13401.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
EGO NO GO Traders’ Downfall: Six Actions to AvoidThere is NO place for ego and bravado with trading. If it falls under your personality, you have been warned. Do you know why? Because ego and emotion are traders’ kryptonite. In this piece, we’ll dive into the egotistical trader’s playbook and shine a light on six actions that could be crippling your trading game. EGO NO GO #1: Overtrade: More is Not Always More Overtrading is like trying to sprint a marathon; it’s unsustainable and a fast track to burnout. You need to pace yourself or you’re going to get a spasm or a stitch. As a trader, you’re not a machine-gun trader, firing rounds at every shadow. You need to only look and wait for the highest probability trades. Remember, it’s about the right trades, not just more trades. Solution: Quality Over Quantity as I always tell my MATI Traders! EGO NO GO #2: Revenge Trade: The Emotional Spiral After a loss, I know it feels tempting to jump straight back into the markets in order to recover your funds. But let’s face it… Revenge trading is about as effective as using a leaky bucket to bail water out of a sinking ship. Solution: Keep Cool and Carry On Clear your head. Take a walk, grab a beer – The market will always be there for you the next day. And it will probably dish out even better trades. Remember, the market doesn’t know you, and it certainly doesn’t owe you. Stick to your plan, not your pride. EGO NO GO #3: Ignore Risk Management: The Silent Killer If you ignore risk management, it’s like skydiving without checking your parachute. What if you jumped and instead of a parachute you’re wearing a backback? Don’t laugh, these things happen. With trading you need your risk management measures: Stop loss of less than 2% Drawdown management when the portfolio goes down. Risking money you can emotionally handle to lose. Making sure of your trade size. Checking your risk to rewards. Ensuring you’ve protected your positions. Solution: Plan Your Risk Decide on your risk parameters before you enter a trade, and then—this is key—stick to them. Your future self will thank you. EGO NO GO #4: Dismiss Market Analysis: Gut Feelings vs. Hard Data You also need to check the weather. By weather I mean, look at the news events coming out for the day and week. Is it NFP (Non Farm Payrolls)? – The day when you DON’T day trade. Is it CPI (Consumer Price Index)? – The day you DON’T Trade Is it FOMC where the federal committee talks and causes volatility? Solution: Check the news events and be vigilant. EGO NO GO #5: Blame Everything: The Pointless Game When trades go south. They look to blame. They point fingers to their mentors, their strategy, themselves. There is NO blame game with the markets. If you followed your rules, strategies, risk to reward and everything else – You did the best of your ability for that trade. Solution: Own your trade to Hone your trade It Accept responsibility, learn from your mistakes, and grow stronger. It’s the only way. EGO NO GO #6: Fail to Adapt: Evolve or Be Left Behind The market is a beast that’s always changing. I always say adapt or die. Feel the general market’s environment. Know whether it’s in a favourable or unfavourable period. Tweak your system to improve your metrics. Change the markets by adding or removing ones that aren’t working. Take ego out of the analysis. Solution: Stay Sharp, Stay Updated FINAL WORDS: I’m sure you already feel less egotistical when it comes to trading. And that means, this article has done it’s job. Whenever you feel ego creeping in, remember this article save it and store it. In fact go through all the articles that resonate, print them and store them in a file. It will be your guide to trading well! Let’s sum up the ego tendencies and how to avoid them… Avoid Overtrading: Less can be more. No Revenge Trading: Act with strategy, not emotion. Stick to Risk Management: It’s your safety net. Conduct Market Analysis: Never trade uninformed. Stop the Blame: Learn and move forward. Adapt to the Market: Evolve your strategy to stay relevant.
JSE:J200Education
by Timonrosso
Altcoin Season Alert AAVEUSD: Key Levels and Bull Run PredictionAAVE is currently holding a strong support level at $70, presenting significant potential for gains. If this support holds, we could see a robust upward movement. However, if the $70 support breaks, the next crucial support lies around $50. This level is expected to provide a necessary bounce, especially with the altcoin season approaching. According to historical data, AAVE's bull run targets a minimum of $1600. Should this resistance flip by January or February 2025, the maximum target could soar up to $15,378. This mirrors the unexpected price pumps observed during previous bull runs in 2017 and 2021. The market's volatility could again present lucrative opportunities, provided we navigate resistance zones effectively. It's crucial to remember our exit strategy: aim to exit the market by March or October 2025, regardless of the prices at that time, as the altcoin season is expected to end during this period. For more in-depth analysis and to stay updated with our latest trading ideas, follow us on TradingView. Benefit from our insights and maximize your trading potential.
CRYPTO:AAVEUSDLong
by Houseofcryptokings
Need to check if it can rise along the important trend lineHello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (1M LOG chart) (1D chart) You can see that money is flowing into the coin market. - For the coin market to continue its upward trend, - Check if BTC dominance can fall below 55.01 - Check if USDT dominance can fall below 4.97 ------------------------------------------ (BTCUSDT 1D chart) This volatility period is until June 25th. Therefore, the key is whether it can rise along the important trend line. - The upper section of the box of the HA-High indicator on the 1M chart is 59053.55-64K. Therefore, the 59053.55-64K section corresponds to the support section. Since the HA-Low indicator of the 1D chart is generated at the 62791.03 point, you can see that it is the time to buy depending on whether there is support. Since the M-Signal indicator of the 1W chart is passing around 62791.03, you can see that the 59053.55-64K section is a meaningful section. - It is highly likely that a full-scale uptrend will begin only when it rises above the section composed of the HA-High indicator (65.920.71) of the 1W chart and the HA-High indicator (67614.25) of the 1D chart. - If it falls below 62791.03 and shows resistance, there is a possibility that a step-down downtrend will begin, so caution is required when trading. However, if it falls along the HA-Low indicator, it is highly likely that a bottom section will be formed, so you should keep in mind how to proceed with the purchase. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. Since it is thought that a new trend can be created in the overshooting section, it is necessary to check the movement when this section is touched. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to create a pull back pattern and start after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1