MerijnTrades

MerijnTrades

See the chart for an explanation of possible scenarios. I'm still neutral when it comes to bullish or bearish. For this, we need a lot more data. (see chart). In volatile times like now, I try to ignore as many opinions of others (noise) as possible. In this chart, I show purely potential options on a technical basis. -Always do your own research - Not financial advice

MerijnTrades

Hi all, Bitcoin shows me a pattern that looks suspiciously like the pre-announcement of the dip in May. I don't like to predict the market myself, so I'm definitely not going long or short based on this information. However, these are indicators for me to be alert. What corresponds to May? 1 and 2 have already been implemented. Possible scenario 1 It may...

MerijnTrades Updated 

Hi all, My CVC/USDT was activated tonight. After we saw manipulation at many coins yesterday, I think we have a nice entry for CVC/USDT. Why do I see a buying opportunity? - We had manipulation / fake breakouts before - Bullish sentiment of crypto (I look at BTC and ETH as sentiment indicators) - Candle rejected to close below .81, so there is a possible...

MerijnTrades

Floki to me is a combination of speculation and project on a fundamental basis. I've owned Floki for a long time. If you have to believe Social Media, every Memecoin is worth gold. Never buy any coin without analysis. A YouTuber promoting a coin is not an analysis. Now that Floki is finally showing some data on Tradingview, it's time for an analysis Fundamental...

MerijnTrades Updated 

Hi all What is my view on ICP/USDT ? ICP shows a positive price development. both buyers and sellers have been tricked at one time (including me). Later I saw a logical liquidity grab from a lower zone. Since then, the price has gone up again so I expect a breakout soon. Before I get in I wait for a breakout+retest or a drop to .618/.71 fib level Negative...

MerijnTrades Updated 

Hi all, Why I see an opportunity LINA broke through the resistance yesterday. The retest area corresponds nicely with the Fibonacci level With the current bullish sentiment, I am waiting for a retest as final confirmation before entering the trade. For this, I keep an eye on the price action on lower timeframes. (I don't set a buy limit). Possible...

MerijnTrades Updated 

Hi, What are your thoughts on Shiba? I think the price will fall back to a lower area in short term and then continues to consolidate to generate liquidity. Of course, the price can also rise again to a higher area. Therefore always do your own research

MerijnTrades

Hi there, I have been following CVC for half a year now. After the extreme pump of early September, the expected dump and consolidation came as a result. Since the price is back above the support/resistance of $.45, I am waiting for a buy scenario. My ideal situation where I get the most confirmations is a breakout above $.56 which is also a key Fibonacci level...

MerijnTrades

A few days ago I drew a scenario where I see a buying opportunity when the price goes above $45. The price has moved above this resistance today. Not very extreme, but in an interesting way. Fib confirmation The Fibonacci level is between .649 and .81. Combine this with other factors (see drawing) and I expect an increase to $68. I have a spot trading for...

MerijnTrades

Hi there, I have my eye on this buy opportunity. I think the resistance has broken at 1.99. Also, I think the consolidation is no longer valid because the price has broken out. In these situations, I wait for the retest on the support/resistance area. The only thing I miss is the confirmation of the Fibonacci. This makes the trade riskier. In addition, a...

MerijnTrades

Hi there, Personally, I think it's important to backtest prices. In this way, you better understand why a price reacts to events. Today I backtested bitcoin. I was especially curious about how to recognize the switch from bullish to bearish. I use the daily chart for this because I invest in the long term. Are you a day trader? Then you can also backtest on lower...

MerijnTrades

ICP has been accumulating for a month. I think in a positive scenario we could see a breakout around $45. It can of course also happen that the accumulation continues. Leverage trading In the case of leverage trading, I would wait for a retest at a price level of $50 or $55 (depending on a breakout). The lower timeframes help you to have a sexy entry. Spot...

MerijnTrades

After months of accumulation/distribution I think there is a breakout opportunity. I think this is due to the positive sentiment of crypto and the refusal to drop further on the demand levels. I also see the trend forming a pattern that is starting to look like a positive breakout