LINK, Sometime simplest analysis works the best !Making complicated analysis does not make anyone a genius ! Sometime simplest analysis works the best !
This type of publications is not my ideal and usual one but everybody knows that following the trend is the base stone of every trade !
If we can not detect the direction of the market correctly we have no way but embracing painful losses !.
LINK, when we look at weekly time frame, has clearly broken up trend support line, made a pull back and resumed it's down side move.
I am not going to reveal my down side target for Link in this publication since this idea is not about relation of waves and target analysis. It is just to remind that " Trend is our best friend " in the market.
Good luck everyone.
Bullish Trend Line
BTCUSD Flash | What is happening?Price is currently sitting on both a bullish trendline and a strong demand zone that has held price "supported" since February 2022. Are we going to witness a breakdown or trend continuation in the next couple of days? What do you think?
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Long Position NZDUSD 4HLong position established on the NZDUSD 4H
Price has recently made new highs
Bullish trendline touched and held +3x
Retracement to the 50% Fibonacci level
Price held at an area of previous structure support
MACD signal line just about made a new high relative to the most recent push higher by price
Bullish pin bar held at the 50% retracement followed by a higher high, higher close.
Entry price: 0.68441
Stop loss: 0.67940
Take profit: 0.69833
XLM - Stellar Moon Shot - New ATH Soon Here I have my next idea. XLM!
This is a long term idea.
To start :] we have a higher lows uptrend. Will it continue upwards momentum?
I drew out all the main resistances and support lines. I believe certain altcoins are completing a cup and handle on the monthly and weekly charts.
XLM should hit the target around $4.00. I believe that the appreciation value hasn't reached the blow off top yet for XLM.
This is just an idea and not advice on investing nor trading. Do your own research and thinking before investing or trading volatile assets.
Who's holding?
AUDJPY Gives a bullish indicationTechnical analysis on the pair AUDJPY
If we look at the H1 or one-hour timeframe, it can be seen that the AUDJP has penetrated the strong resistance area at the price of 83,839. This indicates that AUDJPY will continue its rise until it reaches the highest resistance are ever reached on Oct 21, 2021, but we need to analyze all of that fundamentally and keep an eye on the news.
Thank you.
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Trading activity is a risky activity, good trading is trading that is done independently.
bullish in AAvagotchi after break Triangleas you can see GHSTUSDT can has a bullish round after breaking upper limit of triangle.
One another point is that, price is upper than MA100 in daily and 4H so trend is bullis while this condition is valid.
AAvagotchi as a great digital currency, in Metaverse and Gaming category does not grow up as others of these group.
so it's time to see a jump on it.
note 1: first of all we must see Bitcoin as father of market; so just trade after notice to it.
note 2: If lower line of triangle will be broken, we can have a short trade on it.
note 3: It is just my analysis, so never trade on anybody advise. see the market yourself.
Do you think ADA can bullish trend well ?I had a good growth estimate three days ago at $ 2 and below.
But unfortunately, today's post was sent late and I apologize for that.
But educationally, the analysis worked.
Yes, I drew a triangle pattern for the ADA and the price came out of the top of the triangle and can bullish well.
Of course, capital management with you and see the chart yourself.
Thank you for like.
Thank you for comment on me.
Thank you for following me.
It motivated me to submit analyzes more accurately and in a timely manner.
BTC/USDT forming a rising wedge patternBTC looking bullish and forming High highs and High lows in 4H and 1H charts. BTC tried to break the 50k resistance multiple time and just below 50k and moving in an uptrend. We could see it breaks the 50k and then break out to 54k. If BTC breaks downwards we could see a bounce back at 48k (usually we have seen bearish breakouts with rising wedges so be cautious)
Bullish MomentumAs anticipated price bounced of the golden ratio area, a gave us a nice buy momentum, targeting the previous highs.
Link LINKUSD - HUGE parallel channel + new ATH soon!- Link is very bullish on the weekly time frame.
- Target is top of the channel or 0.618 FIB trend-based FIB.
- If you take a look at RSI we can see, that this oscillator is ready for another pump!
- We can spot an ascending channel forming on the weekly timeframe.
- Previous swing high acted as a support + bottom of the channel!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
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Link LINKUSD - Road to 100 USD! + Massive parallel channel- Link is very bullish on the weekly time frame.
- If you take a look at RSI we can see, that this oscillator is ready for another pump!
- Previous swing high acted as a support + bottom of the channel!
- Target is top of the channel or 0.618 FIB trend-based FIB.
- We can spot an ascending channel forming on the weekly timeframe.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!