Cardano’s been testing the 200 EMA line twice on the hourly chart. Bullish signs are there. I’ve put in a limit order for 20K shares. Now, we wait—outcome’s inevitable.
Bitcoin's recent pullback presents a calculated opportunity. The 200 EMA is acting as a key resistance on the hourly chart, with an Optimal Trading Zone just below. The play here is simple: wait for the price to retest the zone without breaking below it. If it holds, we've confirmed a double bottom. Entry's at $50,650 with a stop at $47,622. This is a move that...
LSE:ONE Harmony break through a new zone signaling a strong bullish trend. Today Dec. 26 2023, an OTZ (Optimal Trading Zone) was formed. To confirmed the formation of a potential double bottom pattern, it is crucial for the price to either touch or enter the "OTZ" level without closing below it.
A double bottom pattern has recently formed and been confirmed in the MIL:MTV chart. To test the robustness of my strategy, I executed an aggressive entry, purchasing approximately 4,000 shares in my paper trade account. This move aligns with my analysis, and I'll be closely monitoring how it unfolds. Stay tuned for updates on this position
Observing recent developments in FWB:KDA , the asset has successfully breached a robust resistance level, establishing what I refer to as an 'OTZ' (Optimal Trading Zone). In the next phase of my strategy, I'm patiently awaiting a retracement to the OTZ level, anticipating the formation of a double bottom pattern. This pattern, upon confirmation, will serve as my...
BTC Momentum has taken a small break after a significant move into the 40K territory. In the short term, I anticipate a continuation of the pullback to a previously established support area between FWB:39K and $38K, especially with holidays approaching. I will be closely monitoring the market and placing alerts to stay informed. This bearish expectation is based...
CRYPTOCAP:MATIC Polygon on the 1-hour timeframe faced rejection near the 50 EMA line (colored red), favoring the bears as the price broke through the previous support and is now approaching the Optimal Trading Zone (OTZ). It is crucial to remain vigilant, set alerts, and be prepared for the price to descend into this zone. As part of my strategy, a confirmation...
After taking a swing at the elusive $0.40 target last Wednesday (11/15/2023), ADA got a taste of rejection. But, true to form, the next day, Cardano dusted itself off, shrugged off the setback, and made a bloody good comeback. Now, pay attention. Picture Cardano strutting back into the ring, ready to take on a new, formidable resistance level. The bulls are...
After a spirited attempt to breach the $37,980 mark on Wednesday (11/15/2023), BTC faced another rejection. However, fear not! The very next day, Bitcoin showed its resilience, bouncing back from support with gusto. It swiftly regained momentum, gearing up for a retest of a formidable resistance level. Picture this: a successful breakthrough at this level not...
VET embarked on a bullish run, surging past a critical resistance level at $0.021. This propelled the creation of what I term an Optimal Trading Zone (OTZ). Now, my focus is on the anticipation of the price entering and ideally closing within or above this zone, solidifying the potential for a double bottom pattern. It's crucial to emphasize that any closure below...
ADA has experienced a remarkable surge, with its value skyrocketing by an impressive 20% in just the last two weeks. This bullish momentum has given rise to what we term an Optimal Trading Zone (OTZ). My focus now is on anticipating and ideally securing a close within or above the OTZ, signaling a potential double bottom pattern. It's worth highlighting that any...
Breaking through a year-long resistance zone between $37k to $41k on Thursday, Bitcoin's price action has set the stage for what I term an Optimal Trading Zone (OTZ). This critical development is a cornerstone of my strategy, focusing solely on the dynamics of price movement. Now, my attention is keenly fixed on the anticipation of Bitcoin's price entering and...
The price level has successfully breached a significant barrier at $29,006, with bulls gaining the upper hand against bears. My strategy suggests patiently waiting for a double bottom pattern and confirmation. Finally, consider a long position within the highlighted area with an appropriate stop loss.
As you can see on the chart, Using my strategy i have found a OTZ (Optimal trading zone), this particular zone has been tested Various times with price entering and exiting from here. The zone is between $28,133 - $27,444. - Looking for potential breakout out of this zone, once this happens I like price to re-enter this OTZ again to establish a strong support...
-Using the 4HR time frame I found a busy Zone which price previously entered and there was action. - My strategy consists on locating a OTZ ( optimal trading zone), using the 4HR help locate the overall direction. -I like to see price enter this zone above, once this is confirm then i will wait until price retest it for a new support area. -My confirmation...