Get started

Bat

The Sandbox (SAND) formed bullish BAT | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of The Sandbox (SAND). Previously I shared a long-term trade setup for SAND, which is still in play as below: Now on a 2-hr time frame, SAND is about to complete a bullish BAT move for the bullish reversal move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
Range-bound Price with Impending BreakoutThe current price exhibits a consolidated trading pattern, confined within a narrow range, indicating an imminent breakout on the horizon. As we delve into the technical aspects, it becomes evident that the market's primary support rests at the $0.200 level. A breach below this crucial threshold would herald a distinctly bearish sentiment, triggering an atmosphere of pessimism and potentially paving the way for further downward movement. Conversely, the formidable resistance level at $0.230 presents a significant barrier for the price to overcome. A successful breakthrough beyond this resistance would signify a notable bullish momentum, propelling the price towards the promising territory of the $0.260 range. It is prudent for market participants to exercise patience and vigilance, closely observing developments at the support zone and monitoring any potential breakthrough above the $0.230 level. Adding to our analysis, the Relative Strength Index (RSI) currently registers at 47, indicating a moderate level of momentum in the market. With RSI serving as a valuable tool for assessing price strength and speed, this reading suggests a balanced market sentiment without significant overbought or oversold conditions prevailing. Considering all these factors, it is crucial to adopt a comprehensive approach to decision-making, integrating the analysis of price action, support and resistance levels, as well as the RSI. By harmonizing these indicators, traders can gain a more holistic understanding of market dynamics, allowing for well-informed entry and exit strategies.
by MonoCoinSignal
13
Verge (XVG) formed bullish BAT for upto 41% pumpHi dear friends, hope you are well and welcome to the new trade setup of Verge (XVG) coin. Previously we caught a nice trade of XVG as below, and after a quite long-time I am sharing the next trade plan for XVG. Now on a 4-hr time frame, XVG has formed a bullish BAT move for the next price reversal move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
Unveiling the GemsSideway patterns, often labeled as losers or deemed non-tradable periods by some, invite differing opinions and perceptions. It ultimately rests upon the individual trader to discern their potential. As for me, I perceive them as a treasure trove of trading opportunities waiting to be explored. Why, you may ask? It's quite simple - all I need to do is sell at the high, known as resistance, or buy at the low, known as support. However, before plunging into these trades, I exercise caution and adhere to a meticulous approach. My aim is to ensure that my final target yields a profit factor of at least 2, and that a minimum profit potential of 50 pips awaits me before I engage in any trade. On the right, a fascinating Bearish Bat Pattern is currently unfolding, tantalizingly close to completion at 0.6361. Meanwhile, on the left, the support and resistance trade strategy beckons with its own allure. Now, the question arises: Which of these enticing trading setups resonates with you? Join me as we explore the path less traveled and unlock the potential hidden within these captivating patterns.
Short
by RaynLim
It's Merely a RetracementIn a world where media and forums express bearish sentiments towards USDJPY, my unwavering bullish stance may have caught your attention. While others see a bearish retracement, I invite you to see the bigger picture. Take a glance at the weekly chart on the right, and you'll witness the bearish movement as nothing more than a mere retracement of the monumental US dollar skyrocketing trend I accurately predicted on 14th October 2021. It is this understanding that fuels my anticipation for an imminent buying opportunity. My attention is fixed on the 1-hourly chart on the left, where the market is poised to retest the crucial level of 137.46. This critical juncture presents the ideal scenario for a potential buying opportunity, perfectly aligning with the formation of a Bullish Bat Pattern. While others succumb to pessimism, I see the hidden potential for USDJPY to surge once again.
Long
by RaynLim
2
NDX Swing ShortNasdaq has been rallying hard the past few weeks, thanks to tech rally due to recent growth opportunities provided by rise of AI. But Nasdaq is reaching significant levels both from S/R perspective and market structure. 1.We are reaching the top edge of the parallel channel 2.We are at PRZ of couple of harmonics (Cypher and BAT). 3. Also, within very close proximity of the top of rising wedge. Keep a close watch on top tech stocks (Microsoft and Nvidia) Stocks, these have been the primary reasons for a rally in NDX, if these stocks start to fall, so will NDX. Another reason for anticipating down weeks and months in NDX is due to Breakout in DXY which is -0.81 correlated to NDX. Which means 80% of the time NDX moves opposite to DXY. To read my DXY analysis, go over the links below.
OANDA:NAS100USDShort
by zakoraio
Netflix's Shorting Potential Slipped Away by a Mere Two DaysMissed the Mark: Netflix's Late Entry Foils My Shorting Plan, and Now It's Breaking Bullish Boundaries! Oh, the frustrations of timing! Just two days too late, Netflix seems to be defying my expectations. It's now poised for a structural breakout, potentially closing above the X point of my carefully identified Bearish Bat Pattern. While this turn of events may be advantageous for Netflix, discouraging more traders from shorting, it's a letdown for me after patiently awaiting this setup for weeks. But hey, that's the nature of trading. Time to swipe left on this missed opportunity and patiently await the next promising setup. That said, the weekly resistance level holds(right).
NASDAQ:NFLXShort
by RaynLim
One last SHOT!!If you have been following, you should know I've been getting into the long position on the AUDCAD to take a ride on the Weekly Chart's 5-0 Pattern. If you aren't familiar with harmonic patterns,it means I'm looking to have a ride on the bullish trade from a mid to long-term perspective. (approx 2mths) There are a couple of attempts, and not all went to loss, it fact I'm pretty profitable with these trading ideas when I didn't get what I want. This is probably the last or the last is near for these trading ideas to work. I'd engaged the bullish bat pattern on the 4-hourly chart and see if it able to take me to my final target for the 5-0 patterns and beyond.
Long
by RaynLim
It's NO SECRET, I'm shorting AdidasIt's no secret that I've been looking to short Adidas for weeks before the Bearish Bat Pattern show up. As a trader, I love to wait for the precise price with candlesticks confirmation before engaging my trade; hence I miss the first opportunity. And that's ok! In trading, I have this philosophy that is better to miss a trade than to engage in a trade at a price of disadvantage. So here I am, trading for the past 18 years. At this moment, I'm waiting for the Bearish Shark Pattern to form up on the 8 range bar chart to give me a second chance entry to get on this ride.
XETR:ADSShort
by RaynLim