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Trends

TOMO - Approaching Support Level - 55%+ PotentialLike many alt coins, TOMO is reaching it's bottom support level after a decent little pump following the last market dump. Right now it's actually punched through it's historic upward trend-line, the solid faded yellow line. but has stalled out on it's drop. We can either buy the breakout here when it moves away from the dashed green line, or you could buy now and fairly safely SL below the previous low, dashed red line.. Support seems decent once we punched through the trend-line which gives a decent probability to the bottom holding if we get there. Potential TP's are marked on the chart. -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. Feedback, criticism and crude humor are welcome :)
TLong
by cryptosince1963
2
MONEY BOTH WAYS - IS THAT OKAY?Many people have asked me what I'm doing and how I'm doing it. Basically - it's very different. This is an educational post. I'm an open book - no secrets. This methodology is a bespoke trend following strategy. It loses! You got that? It also wins. The job of a trader is to use any methodology to limit losses and maximise gains. That only comes with lots of practice. It doesn't matter which system you use. Perfect our skills on paper trading accounts - Tradingview has an excellent free paper trading account. Blow up no fewer than 10 of those. 😃😂 Seriously it's a good idea to do it that way. But in my own methodology, I've noticed that when following a trend it is a good idea to take profits in a sudden deep RSI if going short (and very high RSI if long). The rebellions nearly always comes. In this 2H strategy would be nested other trends on say 5 min or 15 min. Those who need to see more can check my scenario on Gold. I also combine 'theory of curves' in my trend expectations (not predictions). I predict nothing in trend following. How would I know how far the trend is going? I can't know! See also EURAUD 1H Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
FX:GER30Education
by Captain_Walker
$NNOX: Gap Fill Started, Needs to Break ResistanceCurrently it looks like Nanox on Friday have started to dramatically shift up, especially after hours with lots of the logarithmic curve that was downward already starting to curve. It still has lots of resistance given the rise of short sellers and puts, but that resistance seems to be fading. According to Algowins, when looking at short activity, the worst day in terms of test with over -49.6 was on September 15th, this was when a short seller released a report against Nanox. The "fear index" at that time was likely high. If Nanox increases in positive sentiment which looks to be the case, likely support levels can continue picking up for stable positive retest + stock growth. That said, please consider everything I say "as is", and on an opinion based basis. Do your own due diligence, and invest at your own risk.
NASDAQ:NNOXLong
by gamer456148