It seems we are in a megaphone and according to the fibonacci replacement we should not break our support area. For the bullish expectation, we definitely need to go above ma50 as soon as we take the 4-hour timeframe as a basis. It is inevitable that the Megafon lower band of $38,500 will come in a possible support area breakout. In the positive scenario, if we...
I doubt LUNA showed up on anybody's screener today, it's right in the center by most traditional TA metrics. But I think LUNA is set to become hotter than sliced bread, soon! (don't quote me) Looking at Fibonacci extension, the price is right in the golden pocket. What I'm interested to see is if LUNA will cruise along the daily Support or pursue the...
(((Since I value your time, I always provide a concise summary - feel free to request more))) Here, I expect that the price will rise to 40297, then 41062, and possibly 41511 before the end of the trading day. Valid until 16th April For your trade: The supports and resistances are evident; just check their repeatability:)
O (Realty Income Corporation) stock price has reached a two-year, all-time-high resistance zone of $72.56. If resistance holds strong, the stock price could pullback over time to test support below. O (realty income corporation) reports earnings on 05/04/2022. Entry (short): $71.56 Profit Target +4% (exit): $68.59 Stop Loss -2% (exit): $72.91 Utilize stop...
Hello Traders Here is a visual representation of the Bitcoin trades I've entered in 2022. As you can see I primarily swing trade using Key support and resistance levels. Trading successfully is about entering trades that have the highest probability of playing out in the direction you intend to trade. - Trades that typically have the highest probabilities are...
Cosmos (ATOM) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : High Cosmos is showing signs of strength paired to both USDT and BTC. Laddering orders all the way down to entry zone. -------------------- $ATOM/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 24.25 - 24.75 TP 1 : 25.3 TP 2 : 25.9 TP 3 : 26.75 TP 4 : 26.25 TP 5 : 28.12 TP 6 : 29 TP 7...
YM1! The US equity market selloff in Q1 was pretty fierce due to a confluence of reasons. Even the large-cap stocks have entered Oversold territory, as suggested by the RSI on the E-mini Dow future. Since the middle of March, the equity market experienced a typical round of relief rally, coinciding with the Quad Witching, when a large amount of derivatives...
The price had a breakout from the descending channel and created a rounded bottom above the weekly support. on the 4h timeframe, the price is testing the 0.3$ resistance and the market is in a consolidation phase between the weekly and daily structures. The price already retested a Fibonacci level of the 0.382 Fibonacci level How to approach? The price needs a...
The price is testing the monthly resistance, as you can see on the upper chart, the price got rejections for that area in the past. 23.5$ is a key level for DOT. on 4h Timeframe, the price is creating an ascending channel. How to approach? The price could have a pullback on the 4h support on 22.30$ before a new breakout from the 23.4$ (monthly resistance.). So...
The price had a breakout from the daily dynamic resistance and now is trying to have a breakout from the static resistance. On the 4h timeframe the price is below a supply zone on 7$. How to approach? The price needs to create a new bullish impulse and breakout from 7$ and retest that area as new support. According to Plancton's strategy , we can set a nice...
According to my previous analysis, the price got a rejection exactly on the daily resistance as I told you. The resistance on 3400$ is so strong and the price needs new liquidity to create a clear breakout from it. At the moment the market is overextended, and we could see a retracement before the new bullish impulse. On the 4h timeframe, the price is following...
The market is testing the Monthly key level on 0.28$ after a big bearish momentum on the 4h timeframe the price got rejection from the 4h resistance with a false breakout above the structure. How to approach? The price needs to have a new breakout from the 4h resistance and retest it as new support. IF the price is going to have a breakout, According to...
The price created an Adam and Eve pattern on the daily timeframe the now the market wants to test the monthly resistance on 0.78$ On the 4h timeframe the price had a breakout from the pennant and retest it as new support before the bullish impulse. How to approach? The Market is extended right now, and we could see a retracement on the weekly support on 0.72$ we...
The price had a breakout from the bull flag and retest the 4h resistance on 0.10$. This area is very strong, if you look on the left you can see that the price got bounces and rejections from it, it means that the market "suffers" on this area How to approach? The price needs to have a new breakout from the resistance and confirm it. As you can see, the breakout...
There are MAJOR resistances right around the 48.5k mark, I'm naming it SUPER RESISTANCE. 1. 200MA 2. PARALLEL CHANNEL 3. 0.5 FIB
We have this nice rising wedge on btc. We have one small fakeout with purpose to trap the bulls and confirmation of that is low volume. I entered my short position at 44.5k because of the daily resistance and i am planing to add more money into the position, if we close 4 hourly back into the rising wadge. This fakeouts most of the time means fest moves to the...
The price retested the Fibonacci levels before the reversal, In this analysis I start from the monthly timeframe and draw the Fibonacci levels with the Fibonacci tool, and we can notice that the price tested the level 0.786 on the weekly timeframe with a double bottom on it. On the 4h timeframe the price had a breakout from the first supply zone (check my...
The price created a descending channel on the daily timeframe and had a breakout from it. The market had another important breakout from a key level (1$) after the price created an Adam and Eve pater below the monthly structure. On the 4h timeframe the price is testing the weekly resistance on 1.2$ How to approach? The price needs to create a new breakout from...