Cardano consolidates into a narrow range since the April crash occurred.
Smart contracts with the launch of the Goguen era are set for September.
Together with this we expect Cardano to outperform the crypto market massively.
However, it's still a long way to go and it seems possible we see a short term downwards correction before we go for higher price...
I found strong support & resistance on the 1hr time frame of NZDCHF. I marked off the top and bottom of the current market. Once price breaks and closes above the current buy area, or below the sell area, I would execute a buy on the break and another position on the retest of the alert price. Further details located on the chart. First time publishing an idea, so...
Today, I've done a trend analysis based on BTC USDT on binance
In my perspective, this is a good opportunity to gain some profits with a long position.
As you can see on the chart, we are in a strong upwards trend with the moving avarge being crossed.
Dont forget to keep track of the trendline and put a stop loss just below it!
!! Disclaimer: DYOR....
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
Hello traders! We are in 4 consecutive wins in ethusd and I hope we will make long win streak as we did in btcusd(10/11).
There is strong resistance at 470. Expect a drop to the support line which is lying at 435. Both points are my key levels and it will also be used in the next trades.
You should take the profits a little above the key level.
Hello Traders! First of all hit the like button for your support and Follow to stay connected.
This is a Buy and sell Trade for Gold. After very hard pushed down it will retrace back to 1950 and on next day it will continue its push down till 1875.
Trade is set using my strategy.
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from the chart, we see a beautiful bearish gartley pattern,
this pair went down to reach the weekly level support then doing reversal to go up,
once the sign has been confirmed,
you may find a short position to enter
Eurgbp is failing to break lower we don’t have much momentum to go down quite yet as what price is telling us at the moment we have some nice tweezer bottoms forming at the moment now. We are still in a uptrend. I see this pair testing a high resistance level at the 0.93 before we head lower.
Position Size : %1
Risk/Reward Ratio : 3.2
Stop-Loss : 13631.53
Goal : 13928.72
If it gives opportunity, it can be entered in these parameters above.
If everything is ok but we miss this trade, new Goal is : 14610.5
Bad scenario : Stop-Loss
Btw Zoom in :
This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
As always we always look left when planning a trade. To the left is a clean candle so if price can break to around 120.500 that would be my entry to plan to go up to 120.550, which could then possibly lead to 120.600-120.620.
Overall move is still bearish.
But what we're looking at right here with this mini trendline is confirmation of a continuation to the downside. I only see two possible areas where it can still bounce up before rolling back down as a swing trade.
I looks like a possible double bottom formation could happen to create the bottom of a bearish harmonic, then...
Currently, price has the option of supporting or breaking through the counter trendline to determine which daily SR level it will go to. The overall move on the chart is bearish, but do not know how much longer this flag will go.
0.74422 if the counter TR is broken