Here I lay out my trade idea for Wheat. Given Global Macro events, technical patterns and indicators, I see a long here. 3:1 RR 1% Risked. Let's see where this goes!
Band is sill in accumulation phase (The real trend has not started yet] i have marked out the most important level from where price should see pivotal reactions. For now price is consolidaiton below pivotal resistance. daily close (weekly better) above this lvl would confirm a bullish trend imho. Based on Price Action alone we have a higher low and a higher...
Quarterly Charts looks awesome tbh but price is still below the 2020 all time high. i wrote the objective price targets in the chart. of course things can moons way harder than we can imagine but i like to execute in a more objective way instead of hodling. in the following i will switch to lower timeframes to get a better understanding of the pivotal levels...
strong weekly close in combination with an important Support into Resistance Flip. Send it. spot play, no leverage
LONG Spot play Reasoning: >long accumulation phase (sideways consolidation) >breakout should hold because it already consolidated for some time. >cycle is just starting
Trendline: broken Market structure: needs to break 85$ on a weekly timeframe to confirm Shift in Market structure. From there is any dip on lower timeframes a buying opportunity with an objective target till 160$
Although the xrp supply is big and some big guys are dumping their coins in the market (non stop) i can not ignore the current state of the altcoin market in relation to XRP. 🥏For the newcomers to technical analysis: in contrast to 90% of TV analysts, I have built up a skill set through 1000h+ chart time and mentorship from major names in the scene that has...
possible reversal -> diagonal break -> back in the range -> HH within Range conservative = Daily Close above Supply Zone aggressive = anticipating HL around lower grey zone
Hey bros, pretty sure this is one big temporary distribution range. red line = Higher low that was established since weeks! Prixe seems to make the 3rd daily close below that higher low which why I think this is no bullish consolidation any longer.
BAT mit einer bullish Konsolidierungs-Range Preis ist über dem Hochpunkt der vorherigen Monats und über dem 0-5 Fib Level der aktuellen Range. Alle Zeichen deuten daraufhin, dass der Preis zur oberen rot eingezeicneten Supply Zone steigen sollte. Fomot wird mit jedem weiteren Anstieg wachsen.
price within an ending diagonal triangle -> end phase of a bearish trend (at least temporary) - 5 wave structure within the ending diagonal seems to be completed. - Confirmation would be a break of the upper resistance of the ending diagonal. If price rejects form here price should test the pivotal 0.5er fib level of the Blue range. -RSI, Stoch and Godmode...
Here we have Litecoin in black against a bevy of other cryptos including Bitcoin, EOS, Monero, and Ethereum. As can be seen, it wasn't doing great compared to its peers before the September and November 2018 setbacks, but since then has outperformed all o its peers. Keep in mind though, these cryptos, nearly all relatively liquid cryptos really, are...