🔥 SUSHI All Time High Break-outSUSHI has finally broke through the all time high resistance with confidence. Today's massive bullish bar is for me the sign that SUSHI is ready to target a $30 value. It appears that last night's sell-off put fueled today's boom. Since bullish moves like these often last for a couple of days, I see a bright short-term future ahead for this coin.
I've marked two areas of resistance on the chart, $20 and $25 are the respective targets. Do your own due diligence.
Happy trading!
Alltimehigh
Stocks To Watch This WeekThe Bull Market is strong. This week I tried to pick the absolute best names that present exceptional reward/risk. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 13 total stocks on this list. I add an additional 6 stocks that are on my potential short squeeze watch list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
INARI, QES, SKPRES Price Action Analysis - the Sky is the limit?Find out how to swing trade MYX:INARI , MYX:QES , MYX:SKPRES while the price is almost at all time high to ride on this strong uptrend in Malaysia technology sector.
In this video, Wyckoff trading analysis with volume spread analysis is used as the core technique in the price action trading strategy to dissect how to ride on the stocks in a strong uptrend.
BTC 300K in July?Just having fun with this chart. A possible top scenario if it moves the same percent in the same amount of days after breaking the previous ATH as the 2017 bull cycle.
🚀🚀🚀💪🤑
CELO Coin heading for it's ATH soon? Following its recent increments and breakouts after consolidation, each time the period between has increased in frequency and become shorter. Holding closer to its peak.
CELO is due to launch its EURO stablecoin for it's network in March. It is a network that is aiming to enables crypto payments to and from mobile numbers instead of long addresses and wallet set ups, a bridge between the current crypto wallet and a more user friendly process.
The price has already increased dramatically in the last month, could it be coming to a head Similar to how NU (Nycypher) did in a similar fashion?
Abbott Price Target: 140Abbott delivers double-digit underlying organic growth in 2021 and sees >$6bn in COVID-19 Revenues
Abbott has high exposure to emerging markets and consumer-directed businesses, driving the potential for sustainable double-digit earnings growth
Leverage opportunities are visible across multiple business segments including Nutrition, Diagnostics, and EPD
🔥 YFI Finally Catching Up: Gains AheadYFI was one of the crypto's which hasn't seen much fireworks lately, especially compared to the main winners of the last couple of weeks. After two days of very strong gains it appears that it's finally YFI's turn to shine.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based round numbers, $60k and $70k respectively. Do your own due diligence.
Happy trading!
🔥 ROSE All Time High Break OutJust like many others lately, ROSE has managed to produce a new all time high. Like with many other crypto's, a new all time high often signals a trend continuation. This trade is based on the idea that ROSE will continue the strong bullish trend upward, at least in the short term.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers, $0.135 and $0.15 respectively. Do your own due diligence.
Happy trading!
🔥 BLZ All Time High Break OutToday, BLZ has made a new All Time High and is breaking away from that resistance with style. A big green candle right through the resistance signals that the resistance has been taken out and that BLZ will continue its path up.
What we've seen happening a lot lately in the world of crypto is that when a new all time high is created a new bullish move starts from there. This trade is based on that.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers, $0.25 and $0.3 respectively. Do your own due diligence.
Happy trading!
HUOBI TOKEN HEADED FOR ALL-TIME HIGH?Looks like Huobi may be able to breakout of a long cup and handle pattern. If we can get a weekly close above the $6.20 mark I believe we will head to very near $9. Huobi as an exchange is phenomenal and they currently hold the second highest exchange rating via coinmarketcap (not based on volume but overall quality of the exchange). The utility of the token is very similar to Binance Coin. If Huobi is able to consistently grow its user base, then Huobi Token should grow right along with it. During the 2018 crypto bear market there were only 3 coins that closed the year positive (chainlink, BNB, and Huobi Token. In my opinion that makes Huobi Token a lower risk investment given the uncertainty of current market situations. I will be holding $HT long term.
Not financial advice. DYOR
BITCOIN new all time high coming?
BITCOIN is pulling back as expected after we closed out our long in great profits, (check previous analysis for reference) we need to see a nice slow correction to atleast the 0.382 on the fibonacci tool, which is also aligning up nicely with structure then we can get back in the long and im pretty sure we will see a new all time high.
Ethereum (ETHUSDT) Daily Long&Short Trade Setups 2021/02/09Hi guys, if you like this post, please support me by clicking the like and follow buttons and leaving a comment! Thanks!
I will be sharing the trades that I take in real time, follow to see how my trades work out!
Also check out my daily analysis on Bitcoin!
Market Overview
Price Action: After hitting a new ATH @ $1775, ETH has been consolidating near the highs, indicating potential breakout.
Chart Patterns: N/A
Areas of Interest: The area(s) of interest for me are the ATH @ $1775 and the 200MAs @ $1650-1670. Once price reaches one of these areas, I will monitor for entry confirmations. If the entry confirmations are aligned, I will take a trade and share the my trade in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading:
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $1650-1670 by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $1775, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
My Recent Trades
2021/02/08: I had a winning trade! I entered a short @ $1,605.00, with Stop Loss @ $1,628.14, and price reached a low of $1,563.9, giving a risk reward ratio of 1.8:1.
2021/02/04: I took two trades, one winning trade and one losing trade. I first took a long @ $1,645.0 which hit SL @ $1,583.3. I then took a long @ $1,614.4 with a SL @ $1,596.5, and price reached a high of $1,623.3, giving a risk reward ratio of 0.6:1.
2021/01/30: I had a winning trade! I entered a long @ $1370.5, with Stop Loss @ $1352.3, and price reached a high of $1390, giving a risk reward ratio of 1.1:1.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! bitcoin
Please support me by liking, sharing, commenting, and following, and sharing your ideas and analysis below! Thanks!
🔥 ANKR All Time High Break OutThis morning, ANKR has finally breached the previous all time high resistance after four days of consolidation around the resistance. In the end, it was only a matter of time.
Now that we have a convincing break out on our hands, we can trade into that direction. Please wait for the daily candle to close above the resistance before entering a trade.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers, $0.25 and $0.30 respectively. Do your own due diligence.
Happy trading!
Bitcoin (BTC/XBT) Daily Long&Short Trade Setups 2021/02/09Hi guys, if you like this post, please support me by clicking the like and follow buttons and leaving a comment! Thanks!
I will be sharing the trades that I take in real time, follow to see how my trades work out!
Also check out my daily analysis on Ethereum!
Market Overview
Price Action: Bitcoin had a huge breakout after Tesla announced it had bought $1.5B in Bitcoin and created a high ATH @ $47.5K and looking to continue higher
Patterns: N/A
Areas of Interest: The area(s) of interest for me are the ATH @ $47.5K and the 200MAs @ $40.5-41.5K. Once price reaches one of these areas, I will monitor for entry confirmations. If the entry confirmations are aligned, I will take a trade and share the my trade in real time.
Trade Setups
Below are the potential trade setups that I would be interested in trading:
Long Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $40.5-41.5K by the time price reaches it, and bounce back up.
2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming
Short Trade Setup #1: False Breakout
1. Price Action: Price breaks above and then falls below the high @ $47.5K, forming a bull trap
2. Trade Entry Confirmations: A breakout candlestick followed by a breakdown candlestick, above average volume on both breakout candle and breakdown candle, MACD topping out
My Recent Trades
2021/ 02/04: I had a winning trade! I entered long @ $$36,819.0, SL @ $$36,528.0, price reached a high of $37,783.8, giving a risk reward ratio of 3.3:1.
2021/ 01 /31: I had a winning trade! I entered long @ $33654 SL @ $33292, price reached a high of $34220, giving a risk reward ratio of 1.6:1.
2021/ 01 /29: I had a winning trade! I entered short @ $37.2K SL @ $38150, price reached a low of $33500, giving a risk reward ratio of 3.9:1.
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
I have worked on Wall Street trading bonds, stocks, and options.
I have taken hundreds of live trades, each recorded with over 50 data points, all meticulously analyzed, using data analysis and modeling to optimize win probability and risk reward.
Why Follow Me
Daily analysis on the latest market movements and price zones for high probability trade setups.
Sharing of live trades that I take.
A great place to help each other, learn from each other, and grow together.
Trading education including a comprehensive cryptocurrency trading eBook, personal advice, and other educational materials
Constantly testing and adding new trading strategies and refining battle-tested ones.
DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
Please support me by liking, sharing, commenting, and following, and sharing your ideas and analysis below! Thanks!
$HBORF - ATHAll time high! No pun intended. I like this company longer term as a pot stock play. Already in.
A clear corrective structure on NIO INCGeneral Description
NIO is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles.
NIO was founded in November 2014 by William Li, the Chairman of Bitauto and NextEV. After launch, several companies invested in NIO, including Tencent, Temasek, Baidu, Sequoia, Lenovo, and TPG.
Technical View:
-On January 8, the price broke a range between 40 and 54 with a top on 67
-After the ATH, the price started a corrective movement finding support on the broken range
-Now, we expect a breakout of the current corrective structure, and we are looking for a target at 84.00
-Our Entry level is above B, and our stop loss is Below C. We will use the First fibo Extension as a Break-Even level and the second level as the Final Target.
-IF everything goes as planned, we expect a movement between 30 to 50 days towards the Final Target.
🔥 CRV/USDT Back To Former GloryCRV/USDT has been gaining ground rapidly since the start of 2021, gaining more than 450% since the first of January. Since CRV is on a roll since a long time, I can see CRV reaching the price of its inception.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on old swing highs and round numbers. Do your own due diligence.
Happy trading!
SI SILVERGATE ALL TIME HIGHI will normally buy when price breaks ALL TIME HIGH. In this case, I am preempting that price will break all time high. It is probably 2-3 days early but I am going to buy when regular market opens.
Stocks Make New Highs!! Next Targets??Stocks broke through to new highs yesterday. The Kovach OBV suggests there was a lot of momentum here, and there had to be. The S&P formed a double top back in January validating the importance of 3867. It broke through and is currently having trouble with 3887. This is a level we called out last month, which was a Fibonacci Extension. The S&P is pretty extended right now, so we can expect a retracement, perhaps off 3887 to highs at 3867 or perhaps 3848. No one can deny the momentum in stocks, the Kovach OBV is quite strong. So eventually we will break through 3887 and hit 3928, then 3937. These are two somewhat proximal levels garnered from Fibonacci extensions. Note the vacuum zone between current levels and these targets. If the S&P is able to break new highs, it should sail through to those targets soon after.
🔥 OCEAN/USDT Massive Break Out: New All Time HighsThis morning, OCEAN managed to beat its previous all time high of $0.72. The new ATH was formed with a massive spike in volume, which resulted in an increase of over 15% in value in a single day. Such a blast through an important resistance/support generally means a strong shift in trend for a longer period of time.
Seeing the bullishness of the total altcoin market, I think we will see some more gains for OCEAN in the coming days.
On the chart I’ve marked two potential areas of resistance, $1 and $1.20. Since we're in a new trading territory it's hard to pinpoint exact resistances. The main resistance on the chart is the $1 resistance. Do your own due diligence.
Happy trading!