Get started

Zones

Tezos could to forming a bulish rising wedge!!!I see that in Daily timeframe, Tezos it's in this strong support zone. And then, there's a lot chances that Tezos could to continue up to the next resistance of $4.40 USD. For that, will be my perspective in the market for this cryptocurrency. s3.tradingview.com And remember, we look a beautiful trend line up, for that Tezos make a lower higher in this trend line since November 2019 from around of $1 dollar. For that, Tezos could to growing up to $4.40 USD in the next resistance zone, this will be my target profit in Tezos.
COINBASE:XTZUSDLong
by harisonhbn9718
2
BTC potential local bottom could be inI have identified a finished zigzag in a long-term wave 4. Why I think the Zigzag is finished and the higher-degree trend is ready to resume? We have seen a waves A and C which clearly subdivide in five waves. The wave 5 in wave C appears to be truncated which is very rare, however, given the wave 3 extreme course, I still give high probability to this wave count. Furthermore, we have seen a sharp reversal from the 31k lows with an impusive nature and a choppy pullback in a channel afterwards. Moreover, morning star candlestick formed on daily timeframe, which is primarly a reversal pattern. Lastly, we have seen a break above 34k zone which now acts as a support. All these factors elevates probability of at least local bottom thus a move at least to 42k. There price will tell us the next course. This idea is invalidated if price breaks the 31k level and is less probable when we get a close below 33k.
COINBASE:BTCUSDLong
by Tradern53
5
EURAUD, daily tf, hanging man candle appearsPrice previously broken above the marked yellow resistance area and go up for 160 pips. In my opinion we haven't see any retest to this resistance as a support and we might see one soon. There is going to be RBA meeting soon and it might follow it neighborhood RBNZ stance which send NZD gone up. Notice also the previous daily candle close looks like hanging man candle indicating sellers could be in control soon. Sell EURAUD 1.5790 Stop loss 1.5840 Take profit 1.5665 (2.5R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
DOGE; .75 or .35? (part 2)Going off my previous DOGE idea from May 4th(linked below) I stated DOGE would either go to .75, or .35 Buyers were so close but ended off a slippery .739 peak which then dropped us EXACTLY on to the .35 cent mark. (goal reached) Now with this rebound off .35, DOGE is trying to re-enter the upper zone. Breaching any zone will cause the market to react and push it back out to around .42 It will be a little shoving battle but everyone is on two of the same wire in a sense. So, lets see who can maintain their stature. -quick "maybe" section- consolidation above .42 maybe sellers reach 25 cents maybe buyers regain control in upper zone maybe
BITTREX:DOGEUSD
by Vophie
4
why our zones have different colours here at FXG we always place our zones before looking for technical and fundamental trades, these zones start with the monthly (blue) then weekly (yellow) and finally daily (red) then on the lower timeframe those zones we have in green. the reason for the different colours is so we know the significance of that zone. so for example if price has broken its weekly zone to the upside then chances are price is going to break its daily zone as the daily zone has less battle than the weekly zone. this gives us an edge as when we know price is making its way to a significant area of battle then we know to stay out of the trade as we want buyers or sellers to win that battle and once they do we know the direction.
by Trade_Rocket_Investments
XRP where to next?xrp is desperately trying to hold our 1.55 zone. XRP is currently holding its 1.55 support which is the only think keeping it in this trend line. a successful hold of this support can allow it to breakout of the top trend line, leading to new highs. if this support breaks, we could see another nice drop to fill that giant wick to 1.43, since it would be breaking our middle trend line. wait until these zones are touched for next more. 1.326 should be the lowest target to keep in mind.
BITSTAMP:XRPUSD
by Spiritualbeing11
2
What will happen to Bitcoinlets see how long bears can go :) For having more precise analysis, We need to check Total crypto market cap too. I'm using BTC/USDT Binance chart because i believe Binance is most effective crypto exchange. Okay let's go As you can see we have triple top pattern in Bitcoin and the neckline has been broken, Also we know that pattern like triple top usually happens at the end of the trend. We have a downtrend and because of the pattern, We know how long can this downtrend continue. Let's see when the downtrend will finish To do that we need to find out Price return zones(support zones), In order to do that i use Fib retracements and Price movements(highs,lows and ...) I used two waves for fibonacci retracement first one from around 9.6k to 64.9k(from bottom A to top3) and for second wave i used initial big pump wave which is from almost 21k to 64.9k(from Bottom B to top3) Combination of Price movements and these Fib's give us important zones which are all visible in the chart and you can see them. Let's have a quick check on Total crypto market cap The chart bigger movement is still in the ascending trend but in short term we are experiencing a downtrend. I found important returning zones just like how i found them in Bitcoin chart Conclusions: 1-We need to wait for both Bitcoin and Total cap return from one of those zones. 2-Bitcoin is retracing and after finishing the retrace we can expect continuing the ascending trend(Another impulsive wave). 3-Bitcoin and Total crypto cap have correlations and based on Btc dominance most of the Total cap is in the Bitcoin so when the Total cap rises we can expect Bitcoin to rise. 4-Bitcoin and Total cap bigger trends are ascending. 5-Bouncing back from those zones can be a long opportunity.(always wait for multiple confirmations) Tips: 1-This is not financial advice and you need to do your own analysis. 2-Money management is the key and always use proper position sizing. 3-Feel free to comment what you think and check my analysis precisely so zoom in, move the candles and ... . Thanks for your time
CRYPTOCAP:TOTAL
by KiomarsRakei
1
ES1! Trade zones and next best trade ideas 4/20These zones were created by combining several indicators, as well as Fibonacci and volume profiles. I started by laying out 2-3 point spread rectangles on high volume nodes on the volume profile , and then refined those zones based on previous consolidations. I then added overnight/intraday ranges levels, highs and lows. I mapped out auto-fib retracement levels (as well as reversed auto-fib levels), and 1hr woody pivots on a 1hr timeframe. I switched to standard pivots and mapped those as well. With all of these levels marked, I looked for areas where they were grouped and further refined the rectangles. I also noted where the 34/50 ema cloud was in relation to the zones.
CME_MINI:ES1!
by jjashcraft
GBPUSD, 8hr tf, double bottom pattern mirrorring XAUUSDHello my friends, Another trade ideas for today is GBPUSD pair. As you can see GBPUSD chart looks exactly like XAUUSD. XAUUSD has rallied for 750 pips in the last 2 weeks after hitting 1680 area twice. I still think we could see further rally in XAUSD as the measured objective of XAUUSD pattern is around 1830. In my opinion, we could see the same movement in GBPUSD and it is very worth to try buying it as well. We might see double bottom at GBPUSD as well after price touching 1.3670 area for the second time. The measured objective of GBPUSD double bottom should be at 1.4160-70 area Buy GBPUSD 1.3720 Stop loss 1.3650 Take profit 1 at 1.3990 (3.8R) Take profit 2 at 1.4160 (6.2R) Use only 1-2% risk Good luck
Long
by HayatoDragonFX
2
MXC in a channel, about to break out?Hi. In this chart I've plotted one resistance line and one support line, both quite short term. With these two I've also plotted two more long term zones: One wide diagonal support zone that has played out since April 2020. Its very strong and if broken could be a strong indicator of a trend turn. One tall resistance zone that while not very strong could still indicate roughly the height that the price could go if it goes sharply bullish in the near future. With this I've also included an MA 56 to reinforce the strength of the support zone as the MA has danced along it for a long time. I've also included a MACD to assist in any predictions regarding impending price movement. To me it indicates an impending short term bull run, as it could be about to cross the 0 line. In conclusion: MXC is still in a strong bull run and has been for a year. There are no signs that a trend reversal is impending and with the recent price spikes I would conclude that the price wants to rise above the resistance zone plotted and MXC could be a solid investment for long term investors with perhaps the only downside being a longer ROI. For short term investors the impending resistance zone break could be a nice spike to go long on, as plotted with price points. Thank you. Please, if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods with you. This does not constitute financial advice. Any projected prices, even if explicitly stated, are made with intent to discuss the symbol and potential interpretations. Any trades shown or mentioned are examples and neither recommendations or mandates.
AMEX:MXCLong
by Kabeldon
BTCUSD - the hysterical wave.Observing how Bitcoin has been moving for the last few months, I regret I wasn't a bit more careful with it and see that it's all an Elliott Wave , so, how does that work? In this pattern, Waves 1, 3, 5 are motive, meaning they go along with the overall trend, while Waves 2 and 4 are corrective. Here is a short description of what happens during each wave. Wave 1 Bitcoin makes its initial move upwards. This is usually caused by a relatively small number of people that all of the sudden (for a variety of reasons, real or imagined) feel that the price of BTC is cheap so it’s a perfect time to buy. This causes the price to rise. Wave 2 At this point, enough people who were in the original wave consider BTC overvalued and take profits. This causes BTC to go down. However, BTC will not make it to its previous lows before BTC is considered a bargain again. Wave 3 This is usually the longest and strongest wave. BTC has caught the attention of the mass public. More people find out about BTC and want to buy it. This causes BTC's price to go higher and higher. This wave usually exceeds the high created at the end of wave 1. Wave 4 Traders take profits because BTC is considered expensive again. This wave tends to be weak because there are usually more people that are still bullish on BTC and are waiting to “buy on the dips.” Wave 5 This is the point that most people get on BTC and is most driven by hysteria. Traders and investors start coming up with ridiculous reasons to buy bitcoin and try to choke you when you disagree with them. This is when it becomes the most overpriced.
COINBASE:BTCUSDLong
by BullishOmar
4