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Bounce

AUDUSD RESITANCE BOUNCEPair: AUDUSD Timeframe: 1H Analysis: Trend line, volume profile , support and resistance, trend break, reversal ————— Key Takeaway: Seen a great bearish reaction from our dynamic resistance and trend line. Will wait for a good drastic bearish reaction from this level before entering short. ————— Level needed: need a close bellow 0.66660 ————— Trade: SHORT RISK:REWARD 1:8 SL: 0.66770 TP: 1.66194 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Short
by TheGoldRoom
3
AAVE - Support is holding strong, where is next ?BINANCE:AAVEUSDT (1D CHART) Technical Analysis Update AAVE is currently trading at $86.5 and the price has reached the support zone, this support was held strong multiple times and price bounce back from it multiple times. Im expecting the price to bounce back from this support zone again and we have nice trade opportunity. Entry level: $ 86.57 Stop Loss Level: $ 73.27 TakeProfit 1: $ 93.44 TakeProfit 2: $ 99.16 TakeProfit 3: $ 109.96 TakeProfit 4: $ 125.15 TakeProfit 5: $ 142.44 Max Leverage: 5x Position Size: 1% of capital Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
Memecoins are great for Catching Knives: Honest ReportWe've seen memecoins holding top positions in exchange top lists of symbols traded by volume as well as being all the rage in the news for quite some time. I decided to launch my AlgoTrading System into the uncharted territory of memecoins, and the results surprised me. Based on a month's worth of trading data, memecoins have shown excellent mean-reversion characteristics compared to other altcoins that my system has traded before (such as OP, INJ, ARB, and many others). During market downturns, memecoins tend to exhibit stronger price rebounds from significant horizontal levels compared to other coins. In such instances, price action demonstrates notable upside momentum, indicating high demand. This characteristic makes memecoins a favorable asset for high-probability long-only scalping strategies and setups. Why long only? This is the second topic I wanted to touch on. Let's look at BONK: it's market maker is GotBit - a russian company which is one of top world leading market makers. In the recent year their CEO Alex Andryunin started to appear on many podcasts and interviews (in russian language). In an interview, he literally said that they made a significant profit by liquidating SHORT traders. Although I am not an expert in the relationship between market maker firms and exchanges, I believe MM firms receive some kind of reward or incentive for each liquidation. So, when retail traders were not confident that the price would increase (or after the market maker "drew" this message in the chart), more and more people were opening short trades. Once a critical mass of open interest was on the books, GotBit was able (possibly, not trying to accuse anyone!) to push the price up. Retail traders were then trapped, and given the sharp price movements in memecoins, they were slow to take the loss by exiting, so many people were liquidated. More and more people look at the chart and think, "These short traders are getting REKT! Now it's time to short. The market maker got his prey, so the price will reverse!" And a new group of traders hop on that wagon...to HELL :) This is just my theory. It could be that memecoins are so interesting for long scalping setups because market makers are more interested in short sellers. I don't like when people only talk and provide no proofs. This is trading after all, so where are the trades, right? Here you go! I think it proves the point, so keep an eye for long bounces on MEME coins! Thank you for your time reading this article! I hope you found some insight in this information. And what do you think? Let me know in the comments!
Long
by daymaker_algo
W is about to moon :#W #Analysis Description --------------------------------------------------------------- + The price is showing a strong rebound from a major support level. + Recently, it successfully broke through the resistance line, indicating a potential upward trend. + Based on this momentum, I anticipate that the trend will hold steady and reach our projected targets. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.648 Stop Loss: 0.498 ------------------------------ Target 1: 0.752 Target 2: 0.873 Target 3: 1.023 Target 4: 1.257 ------------------------------ Timeframe: 12H Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
Good Opportunity for LONG trade if price pumps backBINANCE:FLOWUSDT (1W CHART) Technical Analysis Update FLOW is currently trading at $0.902 and price is hovering around the support zone. Im looking at the price to pump back up as the price has already hit the support zone. We can expect pull back but that will be a good opportunity for a DCA. You can enter a LONG trade at the current price and do DCA if the price pulls back to the support zone again. Entry level: $ 0.904 Stop Loss Level: $ 0.652 TakeProfit 1: $ 1.011 TakeProfit 2: $ 1.160 TakeProfit 3: $ 1.416 TakeProfit 4: $ 1.772 Max Leverage: 4x Position Size: 1% of capital Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
The Aussie is Vulnerable Despite its BounceAUD/USD rises after its 2024 lows as the greenback’s strength deflates, eying the pivotal EMA200 and daily closes above it would shift bias to the upside. However, such outcome has high degree of difficulty technically. The EMA200 can contain the rebound and sustain the bearish bias, which would keep the Aussie exposed to the 2023 lows (0.6269). The hawkish repricing around the Fed is likely to continue to help for the USDollar, as stubborn inflation, strong economy and robust labor market favor a conservative approach around rate cuts by the Fed. Its Australian counterpart seems to be further from such moves at this stage, but today’s poor labor data strengthen the case for an RBA pivot. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results.
Short
by FXCM
🔥 Ethereum Dead Cat Bounce? Potential Massive Sell-Off ComingIn this analysis I want to take a look at ETH's price action over the last few weeks. It appears that ETH is underway to form a classical pattern that most of you a familiar with, a dead cat bounce into another sell-off. Keep in mind, the dead cat has not been confirmed yet, since the price needs to go below the purple dotted line. Still, it's a pattern that will likely play out if the Bitcoin bulls will not step in very soon. ETH (and likely also BTC) is at risk of giving away most post-ETF gains if this continues. We knew already from other analyses that Bitcoin is far ahead of where it *should* be at this point in time, so a correction might be necessary? Time will tell.
Short
by FieryTrading
2
INJ/USDT - A Quick Trade#INJ/USDT #Analysis Description --------------------------------------------------------------- + Price is at the current support level and i could see price retracing back to it's bullish trend + I'm expecting price to hit the its resistance level + I see a good long trade opportunity, i'm entering with 1% Risk --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 38.0 Stop Loss: 33.9 ------------------------------ Target 1: 41.8 Target 2: 46.0 Target 3: 52.1 ------------------------------ Timeframe: 4H Capital Risk: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
LINK - Bounce and go up ^#LINK/USDT #Analysis Description --------------------------------------------------------------- + LINK is showing good bullish momentum and price retraced back and now it is bouncing back + This retracement is a good opportunity for a LONG trade + I'm entering a long trade with a good distance to the stop loss. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 19.4 Stop Loss: 15.78 ------------------------------ Target 1: 22.4 Target 2: 25.03 Target 3: 28.9 Target 4: 35.9 ------------------------------ Timeframe: 1D Capital Risk: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
Bitcoin TA: Key Levels & Bounce-Back on Daily! 📈 March 23, 2024The identified critical pivotal Bitcoin price target level of interest was ambitiously placed in the $68,472-$69,200 range: this was an area the price was likely to reach based on the historical resistance or upcoming price patterns. On the flip side, the two pivotal levels of interest reflecting potential critical support are around $60,600 and $58,000; as the levels the market price would stabilize and possibly rally to the top in case of a move below 🎯. This occurs when the price potential zone acted as a resistance just before. The following recent Bitcoin positive is a commendable price bounce from the $62,300 line. Recovery from a swing high area or group of swing high areas, or three or more little swing highs of the direction of the preceding swing low; Any drop before the price increase was relatively successive in the daily or lower chart time frame; No adequate preparation necessary. These technical indicators aid in creating a strategic framework that allows trading to predict price levels and areas where the market is balanced or unstable 🔄. As always, a trader should combine these short-term insights with wise risk management and a close eye on the news or trending indicators.
INDEX:BTCUSD
by Shibunacci
INJ - Holding strong in support and expected to bounce backAs you can see in the chart, this is the 4th time INJ is bouncing back from support and showing a bullish sentiment. We can this trend to continue and the next target for INJ is around $70 Entry level: $ 28-32 Stop loss level $ 23 Target 1: $39 Target 2: $45 Target 3: $ 59 Target 4: $ 69 Max Leverage: 2x Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
2
ROSE - Next Target is {MOON}BINANCE:ROSEUSDT (4H CHART) Technical Analysis Update ROSE is currently trading at $ and showing overall bullish sentiment We can expect consolidation around this are and then its headed straight to the next resistance. Since the overall market is expected to bullish for next 1-2 years, this trend is gonna hold and easily reach previous ATH Entry level: $0.10972 - 0.11524 Stop loss level $ 0.8814 Target 1: $ 0.13714 Target 2: $ 0.18240 Target 3: $ 0.26309 Target 4: $ 0.32524 Max Leverage: 2x Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
3
ATOM/USDT - Support Holding Strong and expecting bounce backBINANCE:ATOMUSDT (4H CHART) Technical Analysis Update ATOM/USDT is currently trading at $9.006 and consolidating around the strong support area at 8.784-9.006 We can expect the price to consolidating around the above range for next few dance and i'm expecting the price to bounce back from this. If the price bounce backs we have a nice LONG trade with a good potential profits. Long Entry level: $9.374 (After Breakout) Stop loss: below $ 8.187 Target 1: $9.809 Target 2: $10.314 Target 3: $ 10.973 Target 4: $12.083 Max Leverage: 5x Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
ORDI/USDT - Bouncing back from the supportBINANCE:ORDIUSDT (1D CHART) Technical Analysis Update ORDI is currently trading at $68.261 and showing overall bullish sentiment as the price bouncing back from the support. We have good opportunity for Long trade as we can expect the price to hit the resistance line. Entry level: $ 68.261 Stop Loss Level: $ 55.12 TakeProfit 1: $ 75.84 TakeProfit 2: $ 84 TakeProfit 3: $ 96 Max Leverage: 3x Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
ORDI Dump is Over, Pump is Incoming 🎁#ORDI/USDT Analysis Description --------------------------------------------------------------- + ORDI is clearly around the support zone, i see two support zone for the ORDI to bounce back from + 1st Support is around 59.794 and second one is around 56.266 I'm expecting the ORDI to bounce back between these two support zones + If the this support range breaks then we are looking at further crash and consolidation around the are 48.89 --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 59.7998 (After bounce back) Stop Loss: 54.73 ------------------------------ Target 1: 64.17 Target 2: 67.87 Target 3: 73.394 Target 4: 79.59 Target 5: 86.34 ------------------------------ Timeframe: 4H Capital: 1-2% of trading capital Leverage: 5-20x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo