Retest of the 0.13$ breakoutGods lost around 98% of its ATH value - that is already a sign that a rebound is exepcted, also the previous bearish structure was not retested. The following is an easy setup for a relative low risk reward ratio, I think that a 30% gain from the current level has a high probability. Lets see when the volume will pick up here. Trade carefully!!
GODSUSD trade ideas
GODS: BULLISH REVERSAL Gods looks and is ready. As BITCOIN PUMPS so will Gods. Three confirmation prices through calculated plots.
Blue wave plot for a BULL RUN is ready as soon as it reaches to the bottom near the top edge of the current candle.
See next price targets. Bullish Contractions have also assured for price move up.
Reads July 17th or sooner or after yet may delay.
To get an accurate confirmation please visit my BITCOIN ideas to confirm GODS BULL release. As of now, BITCOIN is BULLISH and will be making its way to a new ATH.
Bullish Cypto Gaming Gods UnchainedIf alt coins are going to rip the biggest hype for the upcomming market cycle has been on crypto gaming.
This chart is a daily line chart for Gods Unchained a popular web3 based game in progress.
Measuring time vs price from past price data in 15% degree intervals typically provides valuable levels and piviot dates.
Each spot a yellow angle meets the circle is not an exact day and price rather measures a significant price level and significan cycle date. Each can and typically have a reaction regarless of where price is on the date or what date it is when it approaches a level.
Cycle end dates are from simply squaring the range by measuring from the cycle top to the point of brakeout at the bottom and doubling this time period.
Going Long on GODS. Two Targets.My followers have been tracking GODS the last several weeks and some of them have made out like a bandit with these recent pumps. Just a few weeks ago it was at 14 cents. My entry today was 38 cents which is approx. 170% above where we started on this one. And I love the volatility on this chart! Though I wasn't expecting such a tremendous break to the upside of that ascending channel, the market bulls have proven they have a ton of energy left for more. We can see another bull flag being formed right now.
I will probably trade this one like so:
- Take half at around 48 cents and move my stops up to break even.
- Let the remainder ride trailing my stops along the way.
- Final target will be 62 cents.
- Current SL is 31.6 cents to be adjusted as we go.
- Risk Reward Ratio is currently 4/1
Not fin advice.
Best,
Stewdamus
Short position 66 pips Gods will recover. 2 Bearish OB’s. High volume section. Working its way down to liquidity and Gap. The worst would be is going to bullish OB but ATR RRR says it as it is.
Will then work its way up to bullish Gap, POI, & Volume.
SM selling off, this helps traders exit and then will go higher. I’d exit if it goes down beneath Bullish OB which I doubt it will.
Falling WedgeFalling volume falling price and falling wedges, what more could you ask for. Stochastic RSI is overbought on 15min, 1hr and 4hr and indecisive in the middle. I do notice the stochastic RSI remains overbought when price breaks out of a pattern. Price is hitting resistance at the 4HR 200 EMA, if price does pump expect some resistance at the 800 4HR EMA. This target may take weeks and or months to get hit because it is so large.