DzenTrader

DzenTrader

On the weekly chart, Ethereum quotes reached the FVG zone, but did not fill it. This means that the price could reach 720 in the next 1-2 weeks, but this is not a necessary scenario. In any case, there are tests of the FVG zone with the close above, which indicates that the price will aim for the next liquidity void zone, which is above 2160. Therefore, I expect...

DzenTrader

On the monthly chart, the price reached the liquidity area and then closed above it, indicating a successful liquidity grab. Risk/Reward Ratio 2.86, the nearest profit level - 6.98 (+115% from current price). Scenario cancellation - if the price reaches 1.85. I have grabbed 1470 shares by 3.4091 for my investor *The analysis is purely the author's subjective...

DzenTrader

Hi. Bitcoin and Ethereum became highly correlated with the stock market after crypto ETFs appeared in the stock market. Consequently, U.S. Federal Reserve policy began to affect the crypto market as well. The U.S. Fed is now aggressively tightening policy (raising interest rates + balance sheet cuts). Markets are usually already factoring future scenarios into...

DzenTrader

Hello everyone! Trading plan for DASHUSDT First of all, I would like to note that the price is in the 50-62% Fibo zone of the global 4h wave. Statistically, the trend is healthy when the pullbacks do not exceed more than 60-62%. So on the 4 hours chart, the trend remains bullish . Second importan thing, I see a locked sell area on the chart in this global Fibo...

DzenTrader

Facebook is a company that needs no introduction. Against the backdrop of negative news, there was a fall, but now the price has reached the daily resistance + the strongest deviation from almost all TFs up to 12h. Also, the news background is already improving. The probability of further falling is extremely low, besides there is a reaction from the support...

DzenTrader

Wheaton Precious Metals Corp. is a mining company, which engages in the sale of precious metals and cobalt production. It operates through the following segments: Gold, Silver, Palladium, Cobalt, and Other. The company's financials is excellent, both in terms of cash flow growth and growth in margins. Technically, it is an excellent daily point. I see 2 points...

DzenTrader

Simulations Plus, Inc. provides modeling and simulation software and consulting services supporting drug discovery, development research, and regulatory submissions. The financial side of the company is in good shape, according to my rating 4+ . Technically, it is an excellent daily point in the demand zone after a false breakdown. The potential is bombing - 15%...

DzenTrader

Skyworks Solutions, Inc. is engaged in the design, development and manufacture of proprietary semiconductor products. Fundamental rating - 4+, strong financial company, stable profit, revenue growth, good margins, very little debt, and assets are many times greater than liabilities. Technically - currently in the downtrend on the h1, but good daily support zone...

DzenTrader

Be careful with 2942 - it's historical maximum. With a high probability the price will not be able to breakout this level the first time. Breakdown requires accumulation. I think that a false breakdown will occur and the price will go down sharply.

DzenTrader Updated 

BTC is not strong enough to break through one level after another, but signs of growth are obvious. At the moment, there is every reason for the fact that bitcoin will go to 9800. But first BTC needs to break out the level of 9100. It's better not to buy before the level of resistance, You can buy on rollback to this level after the breakout.

DzenTrader Updated 

Hi, friends. USDJPY is in down trend. Daily main-balance goes down. We must to use this possibility and open only sell position. The longer consolidation was, the further trend will go. So the main target - 100. But you must remember - if false break out happens and the price will return back into the balance and breaks out level 109.25 you need to close position...

DzenTrader

Hi, friends. Despite the fact that the EURUSD has a bullish scheme, the movement is very "heavy", the price is hard to grow, and there are deep pullbacks. Last week I opened only 2 deals, ins result: 1 small stop and 1 profit. At the moment there are 3 entry points, but they are all weak and require confirmation through the volume. Potential entry points: Buy...

DzenTrader

GOLD is in the main balance with the range 1307-1362. Last week we saw a false break down of this balance. That often indicates about the movement to the other side of balance. For now you can use 2 strategies: 1. Put buy-stop with the expectation of break out 1325 (aggressive). 2. Wait for a correction wave to the balance level 1307 (conservative). Stop-loss...

DzenTrader

Hi, friends. Last week we saw a false break down on EURUSD. So, now we must waiting for a correction to the lower balance level (1.2200-1.2215) to open buy position. Or you can buy right here. But in this case your risk-reward ratio will get worse, because stop loss must be below the false break down. After a false breakdown of balance, the price usually goes to...

DzenTrader Updated 

Hi, friends. ETHUSD is in a wide consolidation (balance1) with a range 580-1000. Yesterday the price breaks out level 850. Level 850 - it's very important because it is a high level of balance2 and it is a high level of ascending triangle. So now we have buy priority and we can buy on the retest to this level. But If false break out happens and the price will...

DzenTrader Updated 

Ripple is the stronger than other coins on the market. The price breakout wide consolidation (balance 1). But there is a large vertical volumes now and we see a bearish price reaction after it. Also, if BTC goes down, XRP goes down too. What to expect now? If the price will return back into the balance1 and break down the level 0.98, it would be a false break out...

DzenTrader

Hi, friends. It's funny to read different analysts prediction about the price of $3000 per 1 BTC or $25,000 per 1 BTC. The real fact is that no one knows this. We do not have to guess what the price will be in the future, we must to trade the present, the current market conditions and enter into the market in the same direction as Big guys (Smart money, Big...

DzenTrader

Hi, friends. What we have now on EURUSD? The pair is in wide main-balance with range 1.2215-1.2520. We can try to buy from the lower balance level (1.2215). But this signal is not so strong, better way is to wait a confirmation (false break or big volume) on this level. Also, we can buy with a short stop-loss if our mini-balance goes up (retest 1.2360). But the...