GET IN ZIL WHILE YOU CAN!!!I posted this about zil and demand zone has been reached.
Now it had bullish divergence on 1h timeframe and is slowly settling down.
I recommend waiting a little bit more for zil to get in demand zone because it barely touched .
You can enter with some precent and later if it drops enter with other amount you wanted.(for longer term investment)
Not financial advice,just my opinion!
Bullrun
MARKET STARTING BULLRUN!!!USDT Dominance is so bearish. Here are the reasons:
-It had 2 break of strucutres on 1d timeframe and now came back to that supply zone
-It had bos on 4h timeframe and is now at supply zone that caused it
Btc looks like USDT.D turned around, break of strucutre, in weekly demand zone.
Everyhintg is ready to explode!!!
My picks are SAND (which you have ta for) and GRT(there is also ta on profile)
THIS IS NOT FINANCIAL ADVICE,JUST SHARING MY OPINION!!!
APE cooling off - here's the entry level! Here's a quick look at the APE 30 min chart . As we can see, the price is cooling off in a falling wedge pattern after its massive move few days ago. A falling wedge pattern is a bullish pattern, hence we should keep an eye on this setup - especially at the breakout level. The best entry would be when the price breaks above 14.4$ with good amount of volume . Definitely one to keep an eye on!
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The idea is: Buy when the price breaks above 14.4$ and take profits at the levels shown in the chart.
Targets:
1. 14.75$
2. 15.5$
3. 16.5$
4. 17.3$
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
New entry idea for SAND! - Keep an eye on this setupHere's a quick Look at SAND daily chart . As we can see, the price has been forming a bigger descending triangle and the price is at the apex of the triangle! The price is very close to a bigger break to the upside. The best entry would be, when the price breaks above the descending triangle with good amount of volume . Definitely one to keep an eye on.
The market might shift soon, and big gains could be coming our way!
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The idea is: Buy when the price breaks above the descending triangle and take profits at the levels shown in the chart.
Targets:
1. 3.4$
2. 3.75$
3. 4.4$
4. 5.5$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
$BAC - Bank of America - Bullish Move$BAC - Long this stock - 3 indicators confirm the bull trend
1. The Hiekin Ashi candles have indicated a Bullish Move. The bear trend stopped with a large green candle on the Hiekin Ashi chart.
2. The candles have bounced off a common resistance area. Previous areas have shown resistance.
3. The RSI is indicating it has been oversold. Every time this stock has oversold there is a reversal.
4. The Q1 Earnings show great potential for this stock to grow.
Targets - Long the stock
Buy @ 39.57
Sell @ 43.79
Stop Loss @ 38
USDT DOMINANCE WILL DUMP SO FAST???USDT Dominance had break of strucutre to downside on bigger timeframes and came back to its supply zone so it can dump even harder.
It also has break of strcuture on lower timeframes beacuse it reacted from supply zone.
Now we wait for it to come to green area and long or buy altcoins or bitcoin as musch as you can . You can go or swing trades and make high gains.
I dont recommend using higher leverage than 5x in swing trades because you can make insane profit with smaller leverages.
I expect most cryptos to double or even triple in price so dont miss out on it .
PLEASE DONT BE GREEDY AND WAIT FOR IT TO COME THERE!!!
If this would happen btc would come to demand zone on lower timeframes and since it had break of strucutre on 1d it will make new highs(maybe even ATH)
THIS IS NOT FINANCIAL ADVICE,JUST MY OPINION!!!
Keep an eye on SAND!Here's a quick Look at SAND daily chart . As we can see, the price has been forming a bigger descending triangle and the price is at the apex of the triangle! The price is very close to a bigger break either way. The best entry would be, when the price breaks above the 3.05$ with good amount of volume . Definitely one to keep an eye on.
The market might shift soon, and big gains could be coming our way!
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The idea is: Buy when the price breaks above 3.05$ and take profits at the levels shown in the chart.
Targets:
1. 3.4$
2. 3.75$
3. 4.4$
4. 5.5$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
BITCOIN!Price action says bullish but a break of 38k and TIMBER!!! - Below 30k and BTCUSD has handed you the largest discount in you entire life.
For now BTCUSD is holding above 39k which if it holds we can say a higher low has been formed and a higher high may follow - A move above 47k with a successful test of support would indicate a count down to blast off 60k.
Nothing Here Is Financial Advice But Be Inspired🌟🚀🌟
1W timeframe using lazybear Sqweeze momentumAs the chart shows the 1W is a very strong indicator for when big bull run has begun.
Each price marked by white line shows short to long reversal indicator after first major sell off. Price can always go below the first major sell off but once price goes above this and has a green circle and green bar it clearly shows start of next major bull run.
Let me know in the comments if anyone agrees or has spotted something ive missed, cheers
Waiting Patiently for the next bull runAll EMA lines stabilizing. Waiting for the 50 to cross the 100 day EMA to confirm mid term bullish run but could be an instance where you see the 50 cross both the 100 and 200 day EMA. Overall, bullish sentiment is there RSI weekly value below 40 and tons of bearish movements bound to correct itself and reverse.
Great time to scalp price of ETH.
Btc PumpOh i was doing on BTC Index other TA and i looked here and i see i have this bullish triangle here:) Looks like it will be big before 4h candle close. We need to close above 39k for bullrun. And we could also broke the resis trendline(Look at my Ideas below) and triangle broke which is the bullish one. Target is almost 47k let's see the bounce up
Quick look - BTC still oscilating within the triangleHere's a quick look at the BTC Daily chart . Bitcoin has been in a downtrend for a long time now and we could see a reversal soon.
BTC is currently at the bottom of the bigger symmetrical triangle and the price need to stay within the triangle to avoid further downside. If the price manages to break above the triangle and the resistance zone (above 48k ) then we could be heading back to the 60k zone after a long wait! But for now, nothing can be said for sure. The only thing we want to see at the moment is the price staying within the triangle and not breaking below it.
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure.
3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!