$REN - SHORT SWING OPPORTUNITY$REN - SHORT SWING OPPORTUNITY
Entry Conditions:
- Impulse Signal
- Breakdown from consolidation
- Head & Shoulders forming
- Break of local trend support
- Beraish Divergence
Trade-setup
BITCOIN BREAKDOWNHave a nice day dear traders, we are here with Bitcoin
Bitcoin resumed its sharp move on Sunday evening early in the Asian session as I have been writing for the past two weeks. But currently I see less change, usually these moves determine the whole weekly trend but in this situation I would say the market went for liquidity at $16975 - $16920 and this is where the whales are taking long positions into swing trades. The last 40 years in the stock market, December has been 90% in the green which is currently indicated by the Fed's dovish policy
We are currently at the vPOC ( point of control ) of the Asian session for BTC which means that if we hold this level on the 30m chart and do not close at least 3 candles below $16930 then I see the current swing trend breaking out to the levels indicated on the chart around $17,500
BTC/USDT QUICK SHORT 30MINHELLO TRADERS, WE ARE HERE AGAIN FOR QUICK SHORT
Our trade is finally developing exactly as expected. On Friday, in the Asian session, when lately there is usually the highest volume of trades on Bitcoin, we created a vPOC (volume point of control) at the level of $17194, where there was the highest number of total traded orders on Friday, which predicts that the market will return to this level due to liquidity "fuel" for further movement
Since for the Volume Profile I follow the chart structure displayed in 30-minute candle intervals, it was necessary to wait for the confirmation of the price action so that it closes the current candles deeper below this level, which of course means for our prepared trade that we can open a transaction. I currently set the stop-loss much higher than usual due to the weekend's unexpected volatility and the last unsuccessful trades, but I balanced it with a larger position, so my trading plan still works
In the next week, where I expect extremely high volatility due to events connected with prepared statements, due to assumptions of a dovish policy from the FED, the market which has been holding an up-trend for 2 weeks will complete the valuation of this information, which was announced in the second half of November.
So why SHORT?? It is more than likely that December will be green on the markets and the only possible support for bullish swing positions is around the level of $16975, which if bitcoin does not hold on the 4H chart we will go much lower, of course we want to see a rebound and bullish positions up to at least $18500
BNB - Binance Coin - Dump is Inevitable$BNB / BNBUSDT
BNB Dump is Inevitable.
BNB looks bearish imo.
Any bounces are for shorting ( invalidation is clean break above and hold $ 285 levels )
I'm expecting if it breaks below $220s then most likely 180s incoming ( conservative though ) $130-$140 swing targets if the setup playouts.
Defi Liquidations 185M around $203 level ( liquidation cascade )
Cheers
$ETH - What now?$ETH - What now?
Honestly, the answer is nothing. I haven't traded or even bothered with crypto overall for months. I actually have preferred the classic gold and silver. There is nothing exciting going on and if I get in crypto it's only for long side. There is no long side for me at the moment we within the ranges and break to either direction but with crypto overall it lacks regulation, we saw that throughout various collapse of firms and the infrastructure is very new. IMO - I am out until it suits my plan to get back in for now, I prefer the side-lines.
Trade Journal
Not Investment Advice or Signal Provider
Gold Setup Idea: Pre New York (Oct 4, 2022)Please note that these long and short positions are not at all strategically positioned; instead I simply am showing a general idea of what price could do, so please set your own SL and TP. But the fact is price has been extremely bullish since last week when the weekly candle respected a supply zone. Price is now retracing which shows us the bullish daily candles, and today may be another bullish day. I could envision price forming support pre-ny on 30M timeframe around $1700 level for another retest of london high, and then potentially further. But if price returns bearish on 1H and close below $1700, and then continues below $1695, sells could be very good too. Let us see what NY has in store for us. Also, News at 8am to remember.
AUDIO/USDT uptrend continues...We have mentioned in our GLMR/USDT analysis that once we hit the entry price for the buy signal, the overall crypto correction should be over.
Now, considering that AUDIO is printing new HH and remains above the trendline, the probability of further price increase remains high.
Bitcoin Day Trading Setups, Scalping Entries🖥️ We have determined there is a 65% chance Bitcoin will Fall from our current entry point.
📉 SHORT BTC - Entry Price Adj. to : $24,460 📉
💵 Length of trade: we are expecting BTC to hit a 300 scalp, with a high end of $500, and a minimum expectation of $200.
We see BTC back testing $24,000
We are playing off that generally after these news spikes with the CPI, we have a retracement in the next 48 hours.
🕰️ Duration of trade: we are expecting this to occur in 6 hours of this signal, with a maximum duration of 9 hours .
Zilliqa buying opportunityToday we can witness a nice pullback providing multiple buying opportunities across the board. One of the most interesting options seems to be ZIL/USDT. This is because we can see a consistent bounce off the Fibonacci support. As a result, we expect the next upswing to start within the next 48h.
$NFLX - is it time to buy?$NFLX - is it time to buy?
Could be time to buy - we got triangle pattern, now I look at individual stocks whilst comparing it to the indices of NQ and I am bullish I am buying dips and taking look at FAANGS short term buy looks could be good opportunity.
Q2 2022 earnings on Tuesday. Watch out
Take care
TJ
USDJPY 21-EMA SupportUSD/JPY extends range trade above 21-EMA, bias neutral
Federal Open Market Committee (FOMC) Minutes released on Wednesday favored the Fed hawks.
Technical Analysis:
USD/JPY is grinding sideways for the 4th straight session
GMMA indicator shows major trend is bullish, while minor trend has gone neutral
Momentum is in favor of bulls, volatility is low
Bearish RSI divergence keeps scope for more weakness
Bounce off 21-EMA will change near-term dynamics
BTC first signs of reversalBTC is oversold out of an downtrend and important zone.
Best to look for Longs smaller timeframe.
Price is forming first signs of a bullish reversal.
Price made a Bullish Break Of Structure (BOS)
W pattern is possible to form. (Smart money pattern)
Watch the green orderblock and the purple one for a liquidation limit long order.
Copper Futures : H1 Short (Price Action : LH + LL)Copper Futures HGU2021 H1 chart shows series of LOWER HIGHS + LOWER LOWS from July 26 2021. Contrarary to fundamentals (strike in copper mine would create shortage in supply, etc) the technical analysis shows there is a room for some more down side towards 4.285. The downtrend would end if the price trades above previous HIGHER HIGH.
Case of cough bear DAXThe year 2022 has started with macroeconomic anxiety and clamor around monetary policy talking points, while stock markets have been wreaked by volatility. Whether this turns out to be a well-deserved respite for the broader bull run or a long-drawn slide to infamy remains to be seen.
In any eventuality, TA should help to draw a game plan and aid us to grasp opportunities even if headwinds prevail.
The above chart depicts a hypothesis for DAX performance index using harmonic patterns:
A standard retracement from January 2022 top works out to a key turning point at level 14500. However, the structure would not be invalidated until the barrier fails at level 13800. Meeting that criteria, a relief rally would ensue until 15800, fulling the pattern. It should be noted that the definition of the pattern still implies a bearish outcome. Timeframe for the action to play out is between Feb and mid-May or early June 2022.
In regards to crypto markets; some enthusiasts could argue stock comparisons to be irrelevant or unfit. However, inferring from how the market is developing from here on out the gyrations between asset classes may become more cohesive when institutional involvement and their active participation increase.






















