BTC -USDT UPDATE on the 4th of JANUARY 2025 ! Trade closed with BTC -USDT UPDATE on the 4th of JANUARY 2025 ! Trade closed with a "healthy " profit...
"Inglorious" BTC again ! ;) Well Well Well.... Profit again ;)
Waiting for a new opportunities again...
I do hope you are in profit already... if not... You still got all year to do it ! ;)
PS: printer friendly "KISS" chart... & BTW...leverage *10 on Binance recommended... ;)
Trend-pattern
Xau/Usd (Gold)Hello traders!
The xau/usd (gold) pair is in a triangle pattern. In my opinion, there are two scenarios. Scenario number 1: The pair should test the level of 1975.00 and then take a buy move at the level of 1992.0 and continue a buy move towards the level of 2009.33. Scenario number 2: The pair should test the level of 1975.00 and then take a buy move at the level 1992.0 without breaking the line to go to the level of 1941.00. Wait to enter the trade! Be careful!
Don`t forget to look at the economic calendar!
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$DISH a beat down stock ready for bounce?Down 87% over the past 2 years there's not much left to beat on here.
Technical analysis points to trend reversal and move to the upside at ~70% chance.
It could potentially drop down to demand zone in 5's. Either way, we like it long term.
🔥 SXP Uptrend Confirmed After Major Sell-OffIn my latest SXP analysis I talked about my expectations of a reversal after seeing some bearish price action. My initial support area was not as strong as I thought initially. However, after reaching the 0.50 area there were ample investors waiting to step back in.
On the chart you can clearly see a pattern of higher-highs and higher-lows. I think that there's still more gains to be had in this move.
Targets in blue.
DXY still looking for longsThe DXY needs to break up the 105.8 level, a previous resistance level, and break from a local trend line.
As the price approaches 107.8, it may be a combination of 3 resistances, a descending trend line, a daily resistance, and the 100-day and 50-day moving averages.
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Feel free to share your thoughts in the comments, and kindly support the idea with a like.
Your support is greatly appreciated!
$EURNZD - Trade idea EURNZD - As kiwi heads higher, expect eurnzd to decline. You get the pattern?
It's a typical, the trend is your friend with this one, I did fade some took that off. Now if we break this support we head down further!
Not Signal Provider - Follow your own trade plan!
Trade Journal
POLYCAB!! MAJOR TRENDS!Polycab is a great stock with a good fundamentals.
i have drawn the major trends supporting from its IPO time and from corona's crash.
from past 14-15 months the stock is following the same channel, and has given about no returns.
since it has a good fundamentals and the sales are growing nicely, i see a good upside movement.
but on the flip side, this channel is acting like a consolidation part after the movement given after 2020 crash.
this also says the strength of the stock, which is preventing the stock to fall.
after 20th June, it has kept on rising, and recently it gave a pullback. but its a good stock to now buy, since it is landed on a good trend line, and will now rise further on.
in the couple of months, i see a good upside movement on this stock.
the large blue line which i have drawn is just a speculating line, if possibly the stock gets a good movement, it could go on further rising to that line.
[09/06] Beast Trading _ Today's Bitcoin Analysis Beast Trading _ Today's Bitcoin Analysis
On an hour-long basis, Ethereum and Bitcoin do not appear to deviate to one side from their respective patterns.
However, the fluctuation is starting to increase due to the Ethereum merge issue
In general, I felt that Ethereum was leading Bitcoin in recent movements.
In the same upward line, the difference in the increase (buying tax) was also evident, and I think Bitcoin's market dominance may have decreased a little.
First of all, on the chart, Bitcoin has dropped sharply since today's shooting, spitting out all of its gains, and it is now close to the bottom line of convergence.
Due to the relatively large scale of the convergence, deviating from the bottom line can be accompanied by a large additional drop.
(On the contrary, breaking through the top line may be accompanied by a large additional rise)
Ethereum continues to rise due to the influence of the merge issue.
The third picture I uploaded is the Ethereum 5 minute candle, which you can check with the short-term upward trend line.
Before you leave that line, you need to be careful about the Ethereum short position.
Since NASDAQ is also opening today, the fluctuation is likely to be large starting from now.
Let's stick to our own trading principles so that we don't get confused trading!