Get started

Trade-setup

Bitcoin Analysis : The Next MoveHello all, After calling the Top in Bitcoin & the most recent fall at 47K we introduce you to our next trade setup. We will update as the price action continues. -------------------------------------- Long-Play: A candle break and close above the falling wedge resistance we will then place a long position targeting the 52K region and beyond. Be cautious of a fakeout at the ~46.5K resistance. Short Play: A candle break and close below the 40K key support we will look to place a short position to retest the 30K support. Be cautious of a violent drop followed by heavy buying pressure resulting in a long wick.
COINBASE:BTCUSD
by GenesisGo
XTZ maverick breakout! [setup]Who's afraid of the big bad BTC? Not Tezos! While the market watches and waits for BTC to reverse it's slow recent term downtrend, alt coin trading has not been amazing. Only a few coins including XTZ and AVAX have outperformed the market. As we've seen with SOL's epic run up, everyone wants in on "the next ETH," and I think that network tokens with strong features for developers will do well. What I like about XTZ is that there's already real use-cases in the form of NFT marketplaces. happy trades CD
XLong
by cryptodonovan
Junk stock in a bullish continuation triangleI haven't touched the stock market for a couple weeks now, but I'm starting to see some nice trade potential again. VLNS (this is a Canadian stock on the TSX) has been trading in a rather broad continuation triangle for days now. Today VLNS closed a daily candle above trendline resistance on the daily chart. My entry price to this trade will be around 1.85CAD possibly slightly higher. My stop for this trade will be rather tight at 1.68 slightly under the breakup candle low from march 9th. I will be taking profits at the last local high on February 10th at (25%) 2.39CAD, I will also take profits at the old high (25%) 2.89CAD. I will keep 50% on the table incase we break above the old high. upon a rejection of the high I will sell the remainder of my stock. The total profit to loss about 5:1. I've also noticed a multi week falling wedge on this chart dating back to April 2019! However I'm not interested in that as this is a cannabis over hyped stock. expected profit will be about 42.5%, the trade is expected to last a few days to weeks .
VLong
by zac_destroys_all