Bitcoin's (BTC) price had a sudden break below the $40,000 significant psychological level, but the sell-off was short-lived, and the decline was quickly reversed. Investors are now asking whether the dip below the round number was the ultimate bear trap.
Bitcoin Bear Trap?
In technical analysis, the bear trap occurs when the market sells-off traps traders in...
ApeCoin (APE), one of the newest cryptocurrencies to launch on the Ethereum blockchain, already ranks in the top 100 cryptos by market capitalization. However, since the APE token was only launched on March 17, we have limited historical price data to assess the market sentiment.
However, even a smaller historical price data sample can tell a story of what’s...
AAVE was the best performing crypto in the last 24 hours, gaining almost 13%. AAVE's gains are no coincidence, coming as the result of a classical trendline breakout signal that has the potential to signal a bottom.
Trendline Breakout
This is a fairly notable trendline, both because of its age and because it connects all the peaks printed in 2022. The breakout...
Shiba Inu (SHIB) suffered a deep correction of about 80% from its all-time high of $0.00008864. However, recent price action development signals a potential bottom and a trend reversal. Often, major swings (highs or lows) can emerge when an asset is diverging from a benchmark index that tracks the market's overall performance – in technical terms, this is called...
Hello
as many people are bearish, myself is neutral, but my 15 minute strategy wants a long, so there it is my decission "Long"
the 15sec Strategy is today shorting all the day since the morgning, im interested what plays out in the end.
Indicators used:
Psywaves (Multidatapoint and Statistic Indicator)
Level2 Filter (%tual filtering of the Entrys)
L5 Backtest...
Avalanche (AVAX) has been one of the top-performing cryptocurrencies in the past 24 hours, with the price standing above the considerable psychological number of $100. Throughout this analysis, we'll show you how to apply the Elliott Wave theory to identify where we are in the overall bullish cycle.
AVAX Elliott Wave Analysis
Long-term Elliott Wave analysis...
NEXO has been pulling back after it reached a 6-month high, but for the bulls to gain control of the market again, you need to watch for these 3 things:
1. Wait for the Stochastic RSI indicator to bounce from oversold readings.
2. The price needs to stay above the 200-day simple moving average.
3. The RSI needs to cross above the mid-level 50.
200-Day Simple...
We are using our POW reversal strategy for this trade a AUDNZD short.
Trade details for current trade are shown on the chart.
We are working the 30M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea...
We are using our POW reversal strategy for this trade.
Trade details for current trade are shown on the chart.
Trade has been live since 1:45 UK time.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red arrow is entry point and purple line is stop loss.
Previous trades can be seen on...
We are using our trend following EDGE strategy for this trade.
Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
The trade history can be seen at the foot of this trade idea too for full transparency.
In the report box every trade is logged and can be viewed by clicking the tabs in the report...
Trade details for current trade are shown on the chart.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red short arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
Previous trades can be seen on chart...
We are using our trend following EDGE strategy for this trade.
Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
The trade history can be seen at the foot of this trade idea too for full transparency.
Previous trade a long can also been seen on chart.
In that box every trade is logged and can be...
Yesterday I covered an idea for a strategy using our EDGE script.
The idea covered AUDUSD working the 30 minute chart.
The trade was a long idea that was progressing very well.
After the trade I closed down for the day and the long trade closed as a sell then presented.
What you are seeing in this trade is the now short trade playing out.
The long trade I...
Trade details for current trade are shown on the chart.
It's a late share guys as I've only just got up.
Trade has been live since 6 am UK time.
Covered a fair bit of late and this is why I automate my scripts so trades are not missed.
Previous trade can also be seen on chart.
Both of the short trades on the chart have come at 6am UK time.
We are working...
We are using our trend following EDGE strategy for this trade.
Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
At time of writing trade has been live since last night and is in draw down.
However happy to share this trade and see where it ends up.
Happy to share this idea as I'm working a...
Entry details are shown on the chart.
Working the H1 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen...
How to trade our signals without sitting at your computer? 🌐
When you want to trade, you can choose from at least two types of orders: market order or limit order.
- Limit order: The limit order has at least two parameters - target price and amount -, and the exchange fills your order if and when the market price meets your target price.
- Market order: The...
