zaidbinjalal

zaidbinjalal

as we can see in the MTF, there was a change of character indicating a MTF reversal into key levels indicated. these levels were found using the weekly FVG. upon retest, i believe we can see a rally into new ATHs. this dip also did a good job at "Flushing" all the paper hands and completely obliterated open interest (OI). it is also important to mention that BTC...

zaidbinjalal

Vechain (VET), a leading enterprise-focused blockchain platform, has recently displayed significant bullish momentum as it crosses the crucial 200-day Exponential Moving Average (EMA) line. This key technical indicator is a vital sign for many traders and investors, as it often signals a potential shift in the market trend. Additionally, the Supertrend, a popular...

zaidbinjalal Updated 

Additional annotation on the price action of CHR. using the supertrend + EMA 200 strategy, the price action appears to be in a good place for a long position. my ideal price is between 0.45$ and 0.5$, and hodl unless the supertrend indicator states otherwise.

zaidbinjalal

using the supertrend + EMA 200 strategy, the price action appears to be in a good place for a long position. my ideal price is between 0.45$ and 0.5$, and hodl unless the supertrend indicator states otherwise.

zaidbinjalal

the red line indicates a very strong resistance which is at 44444$.

zaidbinjalal

Using the Supertrend + EMA200 strategy, all entry conditions are met and the stop loss should be set at the bottom line of the super trend indicator.

zaidbinjalal

after a breakout, there must be a retest before the price action is bullish again

zaidbinjalal

the pitchfork proved to be accurate in predicting BTC price movement since the dip. i belive the upper and middle lines of the pitchfork to be strong supports for the price. otherwise, we might see another dip in the 32K area (which is a great opportunity for buying)

zaidbinjalal Updated 

the price of BTC seems to be reactive with this pitchfork.

zaidbinjalal

I belive the dip would in the 30K-28K range. therefore, I belive the market will trade sidewise for some time to retest the downward channel resistance before dipping again. i would be cautious and set stop loss for open positions.

zaidbinjalal

the descending red line is a strong resistance and need to be broken for the price to go higher.

zaidbinjalal

on the daily frame, KDA's price is in a downward channel and i do not expect the price to go up in the following days. a good entry is after a breakout.

zaidbinjalal

i believe it can go up to 9+, stop loss if 4H candle closes below triangle