Similarly to Bitcoin, we were anticipating the 5th subwave drop but the 4th subwave has turned into an extended ABC correction.
Watching the recent highs and the parallel correction resistance for bearish price action.
Trade Idea:
- Watch for bearish price action around one of the areas of interests mentioned above
- Draw a trendline and watch for a break for a...
EURCAD has chosen to trend down. Since April 2022 the market was held in a ranging phase where the market made almost equal swing highs and lows. We are currently witnessing a strong breakout of this ranging market to the downside. This may suggest that bears are taking over and there's high chance that bears will send price lower to April 2015 low. I will...
DOGEUSDT is near the major support zone and previous daily low support and soon price can receive high volume and heavy pump after that is expected.
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Right now, we shouldn't be selling as there isn't a good ratio.
First, we need to see a confirmation that the next drop begins and then to open a trade.
In best case scenario, that would be, after price goes a little bit above the previous high and it then shows rejection.
Entries could be made after an engulfing candle.
We're not looking for buys but only to sell!
Looking at the chart, my buy area is the 2014 and 2017 strongest support: $33 - $36.
We are close to a great entry in my opinion.
Looking forward to read your option about it.
Biora Therapeutics, Inc. (BIOR) is trading close to its all time low level of $0.56.
My price target is the next resistance of $1.22.
Looking forward to read your opinion about it.
As we can see major resistance is the red trendline and soon breakout to the upside will happen and after that price can easily pump and hit the targets.
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OIL
- Classic bullish setup
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Long OIL
Entry - 98.62
Stop - 82.75
Take - 122.40
Our Risk - 1%
Start protection of your profits from lower levels
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after the sell signal
and the buy signal
now i am short once again.
ETH/USDT short
Entry Range: $1100 - 1200
Take Profit 1: $1006
Take Profit 2: $885
Take Profit 3: $738
Stop Loss: $1289
After the sell signal
and the buy signal
here comes the continuation!
MATIC/USDT
Entry Range: $0.48 - 0.53
Take Profit 1: $0.62
Take Profit 2: $0.70
Take Profit 3: $0.93
Stop Loss: $0.41
After the sell signal www.tradingview.com short
and the buy signal
now i am short once again
Entry Range: $34 - 37
Take Profit 1: $31
Take Profit 2: $27
Take Profit 3: $24
Stop Loss: $42
BURGERUSDT (BURGER) Daily timeframe range. the alt's name is burger!!! what do you expect ?. this is another high risk and reward alt. there not much of quality holders or buyers. for that the low volumes helped it to print many p and d candles through out the chart. so gotta be careful if trading something like this.
Vroom, Inc. (VRM) is getting closer and closer to a short squeeze in my opinion.
The gap to fill is $4.58 - $5.15, you know that they usually do!
This is also my price target for VRM this year, $4.60.
Looking forward to read your opinion about it.
USDCHF - Intraday - We look to Buy at 0.9641 (stop at 0.9618)
Short term bias has turned positive.
We look to buy dips.
20 4hour EMA is at 0.9633.
Our profit targets will be 0.9698 and 0.9708
Resistance: 0.9700 / 0.9730 / 0.9750
Support: 0.9670 / 0.9640 / 0.9620
