THE ONLY TRADES I'M TAKING - KEY LEVELSI went ahead and marked out a few key levels that I am interested in trading in the next 24 hours.
WE CAN ALSO FLIP THE RESISTANCE INTO SUPPORT. If that happens a would be interested in a long on the retest,
Let me know your thoughts below.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Bearish Patterns
$BTC Summer Gets Decided in the Next 30 Minutes!Bitcoin Bulls have 30 minutes til the Weekly close
Closing below the bullish trendline confirms the 10% downwards move to retest $50,5
RSI shows room for more downward pressure ahead w/ the close below the Bull Market Support Band
If $50,5 doesn’t hold, it will be a 20% dump to retest $45k
Or 30% to $38,5
As mentioned prior,
CRYPTOCAP:BTC will range these levels til September.
NOW is the time to allocate accordingly.
Bitcoin Is Attempting To Breakout The TrendHey Traders, in today's trading session we are monitoring Bitcoin for a selling opportunity around 62,800 zone, Bitcoin is trading in an uptrend and currently seems to be attempting to break it out. If we get dips below 62,700 support we will be looking for a potential retrace of the trend towards more lows.
Trade safe, Joe.
LINKUSD is approaching an important resistance areaHey Traders, in today's trading session we are monitoring LINKUSD for a selling opportunity around 14.400 zone, LINKUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 14.400 support and resistance area.
Trade safe, Joe.
CRVUSDT Is Approaching The Down TrendHey Traders, in today's trading session we are monitoring CRVUSFT for a selling opportunity around 0.2970 zone, CRVUST is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.2970 support and resistance area.
Trade safe, Joe.
NEAR is approaching an important resistanceHey Traders, in today's trading session we are monitoring NEARUSDT for a selling opportunity around 5.600 zone, NEARUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 5.600 support and resistance area.
Trade safe, Joe.
GBP/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
GBP/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.135 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
SHIBUSDT Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring SHIBUSDT for a selling opportunity around 0.00001630 zone, SHIBUSDT is trading in a downtrend and curently is in a correction phase in which it is approaching the trend at 0.00001630 support and resistance area.
Trade safe, Joe.
Ethereum Potential DownsidesHey Traders, in today's trading session we are monitoring ETHUSDT for a selling opportunity around 3080 zone, Ethereum is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 3080 support and resistance area.
Trade safe, Joe.
GBP/NZD SHORT FROM RESISTANCE
Hello,Friends!
GBP/NZD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 2.074 area.
✅LIKE AND COMMENT MY IDEAS✅
Bitcoin is approaching a significant resistanceHey Traders, in today's trading session we are monitoring BTCUSDT for a selling opportunity around 57000 zone, Bitcoin is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 57000 support and resistance area.
Trade safe, Joe.
Cardano Is approaching the downtrendHey Traders, in today's trading session we are monitoring ADAUSDT for a selling opportunity around 0.410 zone, Cardano is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.410 support and resistance area.
Trade safe, Joe.
USOIL BEARS ARE GAINING STRENGTH|SHORT
Hello,Friends!
Previous week’s green candle means that for us the USOIL pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 79.39.
✅LIKE AND COMMENT MY IDEAS✅
USD/CHF BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
We are going short on the USD/CHF with the target of 0.892 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
✅LIKE AND COMMENT MY IDEAS✅
EUR/JPY BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
We are now examining the EUR/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 172.093 level.
✅LIKE AND COMMENT MY IDEAS✅
AMZNIs AMZN exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 185
What you guys think of it?
TRON Breakout And Potential RetraceHey Traders, in today's trading session we are monitroing TRXUSDT for a selling opportunity around 0.12600 zone, TRX was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.12600 support and resistance area.
Trade safe, Joe.
UNIUSDT Potential DownsidesHey Traders, in today's trading session we are monitoring UNIUSDT for a selling opportunity around 7.60 zone, UNIUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 7.60 support and resistance area at 7.60 support and resistance area.
Trade safe, Joe.
INJUSDT Potential DownsidesHey Traders, in today's trading session we are monitoring INJUSDT for a selling opportunity around 23.25 zone, INJUSDT for a selling opportunity around 23.25 zone, INJUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 23.25 support and resistance area.
Trade safe, Joe.
Gold is having a strong bullish momentumHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 2,330 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2,330 support and resistance area.
We would also like to consider the negative correlation between DXY and Gold. DXY now is feeling bearish and in a bearish trend and Gold should benefit from that.
Trade safe,
Joe.