Trend-analysis
HBAR / USDTHedera Hashgraph is a wonderful project that had a beautiful performance lately by the hype on socials.
Lately it got a big healty correction, unfornately entered to a downtrend channel that is going almost perfect.
I used fibonacci, ichomoku cloud and found the hidden supports/resistances where i found great points to buy if it bounces.
The red symbols are possible supports where it can bounce but i believe that we have room to keep breaking supports until found the yellow arrows where it can seat on a strong support that fits the supply/demmand region and there we can start a big reversal with the best entry profits.
Something similar is happening with BTC with a support on 52k and also with XEM/USDT that got a big support at 0.32 and now is at 0,40.
Remember BTC moves whole market so to follow my analysis take in consideration that BTC is correcting when it start to run maybe all the alts will follow a bit later.
Gold Buys 🚀 - who else is in? 🥇Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
This isn't one of our main timeframes, but I'll be doing more testing on the H2 chart over the weekend.
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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.
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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.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren
LONGAs we can see, this is the perfect and clearest example of a inverted shoulder-head-shoulder pattern. Plus, we have an ascending triangle at the 4H timeframe.
EGLD/USDT - triangle with price preload 🚀Hello everyone, analyzed the EGLD/USDT pair
The price is in an ascending triangle with a preload to the resistance level.
Going beyond this border will provoke an increase of at least 25%
If this does not happen, the price will return to the flat channel. The working areas are shown on the chart. Enter the position only after confirming the level.
The range of operation, levels, and potential stop loss is set by each in accordance with its own risk management, and deposit.
Go to my free channel and chat with other traders. Link in the description
"This is just my opinion, trade with your trading system."
"Have a nice day everyone and come."
Im looking for a BIG bounceTesla is retracing all the way back to its trendline from the pre- S&P500 days. Big buy in this zone.
USDCHF is on the phone with the bears.The Dollar started rising against the Franc and it just started a new trend, because it's brand new and it's still creating it's support and resistence lines we have a great opportunity to trade those level zones.
As we can see from our chart, the Dollar is about to hit an important level, tested many times in the past which makes it a strong one , and price action tells us that it should retrace back to around 0.90500.
Stay tuned for more Ideas on Forex and Crypto's from an Insider.
LONG This is clearly the kind of market we need to wait to see what happens before trading.
We can clearly see a very strong bullish pattern as the ascending triangle, but also a big bearish pattern as the shoulder-head-shoulder pattern.
I would wait for comfirmation, if it tastes the support and we see price rejection, it will go long, if it breaks the support it will probably go down.
LONG:
- Ascending triangle
- Trend is bullish since 2020
- It is almost at the trendline
- Stochastic looks like it wants to go up
SHORT:
- Shoulder-Head-Shoulder
I would wait for comfirmation, but I'm expecting it to go LONG.
GBPJPY - running buy, but losing steam 🤔Entry details are shown on the chart.
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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.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren
NZDUSD - Sells still running, approaching TP ❗Entry details are shown on the chart.
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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.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren
GBPJPY Sell still running... Just! 😅Entry details are shown on the chart.
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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.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM.
The stats for this pair are shown below too.
Thank you.
Darren
Kin 2021 end of year $0.06 price targetAccording to an article published by Marius Kramer on February 28th, 2021 titled; Whitch crypto currency will make you rich 2021/2022?, Marius makes a seriously bold price prediction that is very bullish. I am using the Schiff Pitchfork to show the possible direction we could see Kin take with this information. Kin is now on the Solana Blockchanin and also getting on a few new exchanges like FTX.com and dex.projectserum.com which support the new solana migration Kin token.
How to read a Chart - Part II: Perspectives on Price IWhat to look for
Introduction
As my previous post made unexpected waves within the community, I suppose you might be disappointed by this one,
but you should still take your time reading this article and take some time thinking about it.
Moreover, you might wonder, why the first article has been about volume instead of price or the chart itself and now it seems like we’re taking a step back.
To come straight to the point, volume is playing a decisive role in the feasibility of reading a chart.
Price is secondary, hence it is more important to know how price and therefore structure is built by trading activity.
The Cute and the Ugly I
During my trading education at a hedge fund, we held daily sessions to present trading ideas and charts.
The aim was simple: taking screen time, understanding price (action) and getting used to what to look for from a blatant technical perspective.
Only when we found what we were looking for, we dove into further research (which will not be covered in this article).
By looking at the hourly and daily chart of the Zoom Inc. I am exemplifying “beauty” and “readability” by comparing the data feeds
of two stock exchanges: the Bolsa Mexicana de Valores (BMV) and the Chicago Board Options Exchange (BZX, former BATS).
As the dailies might only differ slightly, there are quite a few visible fissures.
Those are getting even more evident if viewed on a lower time frame like the hourly.
The chart from the BMV stock exchange is riddled, perforated, and a riddle per se consisting of gaps,
flat and overly large candles than on anything providing clear and straightforward information.
Long story short, you should always use the data from the stock exchange with the most traded volume,
in general - not always - this ought to be the main stock exchange of the company’s country.
For assets like commodities, ForEx and similar, you should look at the futures’ charts whenever possible,
even - or especially - if you’re trading CFDs.
The Cute and the Ugly II
So now that you know which stock exchange to use the data from, how to choose a stock on a mere glance, rapidly, hundreds of stocks a day by manual screening?
To point this out, we’re having a look at the chart of the GameStop Corp.
Even though this stock was on everybody’s lips, the wicks and tails, the gaps, the (non-)existing patterns and the price action having formed this asset into a biest;
no hedge fund, no prop trading company neither a bank would take the risk on picking up positions, at least not on a short or mid term basis, not based on technical analysis.
In contrast to this, liquidity - and thus volume - is playing a key role in building price and structure
and consequent to this enhancing readability as you’re seeing in the chart of Crude Oil futures below.
What we've found
Now, you should slowly be able to see a chart and the price through the eyes of big investor, although you aren't one.
Big companies are not taking bets, not trading pink sheets for half a quarter cent;
they are stacking the odds in their favor by trying to avoid the unpredictable.
After reading this article, what would you prefer?
Making a small amount on a day-to-day basis or waiting years after years for the one chance to be rich in one shot?
As a colleague of mine once stated: As traders, we're positioning ourselves to make money continuously to then catch a bigger move.
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Note:
As I’m writing a book about reading a chart,
I am going to post a couple of short articles on this topic and others related to it, e.g. trend, volume, Dow theory, auction theory and behaviorism.
If you are spotting some errors or if you like to add something, feel free to comment or pm.
Cheers,
Constantine -
p.s.: This article is not intended as any kind of trading advice.
I didn’t expect that my previous article made that much waves. Thanks to all for reading and I hope it will help you in your analysis and your trading career.
Thank you all for the interest in my book and to answer your questions: there is no release date yet as it is still a work in progress and it will be an educational novel.
Acropolis - Upward trend. AKRO/USDTMore trading reviews and trading on my channel.
Link in profile header
Hello dear friends. Acropolis under consideration.
1 candle - 1D TF.
Has been recruited by a major player for over 76 days.
An exit from the accumulation zone took place and provoked an impulse upward movement.
At the moment, the coin is consolidating in a whip, tapering wedge.
Follow the trend and the levels that are shown on the chart.
You don't need to invent anything. Since the coin is pump / dump.
The exit from the wedge will show the way - whether the uptrend will continue or not.
This Channel is not financial advise, It's My opinion and My observation: @opptrade
❗️❗️❗️Disclamer:❗️❗️❗️
Dear friends, traders.
My trading ideas here are not financial advice or coercion into action. I am not responsible for your trading and how you follow all aspects of correct trading.
- I do not recommend that you trade AT ALL if you do not know what risk management is, money management.
- I do not recommend that you trade without a STOP LOSS.
- And I'm not responsible for your "make millions of dollars fast" gag
- I am only showing you the charts that suit me for certain positions.
- For each position - RESPONSIBILITY LIES ON YOU.
If you don't use all of the above, your deposit will soon become $ 0
- Therefore, if you decide to follow my positions - Take responsibility for where the bad outcome may be.
In time, i to bee wrong too, and have a loss.
But with the correct observance of the indicated points, which trade with me others traders - they earn (NOT IN A DAY, but in the medium, long term)
I am only showing you how this or that scenario can work in trading.
For all your actions, only you are responsible.
💠💠💠I am not a scammer and I am concerned about your trade.💠💠💠
What I'd love to see on NZDCAD!Price broke out of my trendline, and now back inside. Probabilities. Lets see
ADA Appears to be breaking out vs bitcoinADA breaking out vs bitcoin is the king going to calm down? Or are alts gonna get punished more?
Am I overly Ambitious for a 7 to 1 ratio play on the $CRBP 4h?As volume increases and price action shows an agreement that's in sync with the micro bullish channel that started back in January, the chances of breaking R1 and R2 seem more prevalent. My focus would be the price range in between the previous gap-down. I may trade into crbp pre market Wednesday to initiate an intraweek- intra quarter swing trade.
What I'd love to see on NZDJPY!Akin to my previous forecast on USDJPY, price is now on my resistance trendline. probabilities
Dogecoin/USDT - TO THE MOON (Privat idea) 3 Targets. DOGE/USDTWhy invent and complicate life when indicators, candles, patterns and market sentiment will do everything for you.
Don't buy when the price goes up, buy a trade when everything falls and the price stops. Watch the levels.
Congratulations to all my traders who trade with me from tradingview on private trading ideas.
3 targets - we have reached. 160%
Stop loss at breakeven.
Last target, save for stronger momentum.
XRP is the same
XRP Pump and DUMPXRP pump and dump with more online games over the weekend.
Sell identified - lets see how it plays out.
Regards
Darren
