USDJPY update, looking at USDJPY now based on my initial analysis we can see that the USDJPY tanked as per the initial forecast, there was some volatility during the course of the week due to fundamental events surrounding the USD which also acted as a catalyst towards increasing the overall momentum as we would’ve noticed with today’s NFP announcement. But...
BTC is seeing very start of the day, bring it all the way to the top of the range that we've been trading in for weeks now. Every time we broke above 31k, BTC sold off shortly after, so wait for the 4H candle to close above the range to confirm the break out. With all the ETF announcments I'm expecting strong volatility. For the best risk-reward I'm looking at a...
ID has been trading bearish for 2.5 months, losing over 75% of its total value in the process. However, it seems that there might be an end to the selling. ID is currently underway of breaking out through the dotted diagonal resistance line. Wait for the 8H candle to close above the line to confirm the break out and scout an entry. Target placed at 1.00, stop...
The ratio of win/loss in trading is an important metric that helps evaluate the effectiveness of your trading strategy. Here's a step-by-step guide on how to calculate and improve your win/loss ratio: 1| Keep meticulous records: Start by maintaining a comprehensive trading journal where you record every trade you make. Include details such as entry and exit...
STG has been trading bearish for almost all year. However, as of this morning the dotted purple resistance has been broken, giving way for more potential growth in the near future. My target is the 2023 top, stop under the recent swing low. A more defensive trade would be to take partial profits around 0.72 and/or 0.95
FET has been trading bearish for months. As of a couple of days ago, BTC saw a huge break out which will likely take alts with it. This trade assumes that FET, an early 2023 winner, will move up together with BTC. I'm waiting for the break out through the top diagonal resistance. Once a daily candle has closed above said resistance, we're entering from around...
liquidity swept and BOS done and oversold lets go LONG!!!
Trade Idea: Buying Gold Reasoning: • Weekly – Potentially forming a Morning Doji Formation (Bullish) • Daily – Bullish engulfing candle yesterday (Bullish) • 4hr - Price action above downward trend resistance and Ichimoku cloud (Bullish) • 1hr – Forming Bullish Pennant (Bullish) Entry Level: 1964.745 Take Profit Level: 1983.725 Stop Loss:...
The only crypto project which I did accumulate during bear market. In time I think Radix has a good change to be bigger than Polkadot and Cardano. I'd suggest you do your own research about them. 31st of july Radix Public Network upgrade from Olympia to Babylon will occur and ready build DEFI apps can move from "tech mode" to the main net, among other...
Like most other tokens, ONE has been selling off for a couple of weeks now. With BTC appearing neutral, it's time to look at these weaker tokens for potential upside. I'm waiting for ONE to break through the 0.01465 local resistance. Once above, we can make an entry from that resistance, targeting the most recent local top of 0.025, with a stop below the most...
LUNC has been trading bearish ever since the September 2021 top, which means that we've been going down over 1.5 years. This perpetual bearish pressure has to end at some point, and this trade is based on exactly that. Since LUNC has finally broken through the diagonal resistance, the bulls have the overhand in the short-term. We are going to assume that the...
APE has been roughly selling off since the start of the year. This trade anticipates that the selling is over and that the bottom is in for the time being. The idea is that the massive bullish divergence on the price vs RSI will cause a huge uptick in bullish pressure, further reassured by a bullish long-term BTC and stock market. When we place the stop below the...
Someone recently asked me if the zones I draw on the chart is an indicator. This speaks to the amount of experience and level of competence that is easy to forget about. My ability to spot key level's and price areas on the chart is not something that is acquired overnight. It's a culmination of trial and error over the years and a loss of a significant amount of...
Repeating Patterns Signal Potential for the Cryptocurrency "Fantom" to Experience Rapid Price Drops Again: A Shorting Opportunity with Short-Term Profit Potential. This article displays the observed recurrence of significant price dumps in FTM, presenting a potential golden opportunity for shorting. Traders may consider capitalizing on the anticipated price...
UMA has been trading inside this bullish channel for over 6 months now. This trade is based on the idea that UMA will continue to trade within the channel. Keep in mind that BTC is currently in a short-term bearish trend, so a long-entry carries more risk from the start. To counter this, this particular trade has a very high risk reward ratio of 15.5 More...
AVAX has been selling off for nearly 5 weeks now. With BTC seemingly reversing as we speak, AVAX has found support at the most recent lows and is potentially aiming for a double bottom reversal. I'm looking for a move all the way towards the most recent highs, around 21.50, over the next few weeks. With a R/R ratio of almost 13, it's a very lucrative low risk...
Yeah Good Evening Dear Friends .. Lets Lear and Earn together price swept the liquidity just go for buy entry with LTF confirmation
AVAX/USDT.P on BYBIT Looks like the W-X-Y pattern is coming to an end and we will try to predict the bottom as best we can to catch a swing trade of wave C or even a 3 and a new rally. If the count is right and the weekly support level at 13.910 does not hold, a one to one (of the W-X-Y) price target will be next. We could speculate the weekly level then will...