Cryptotrader
SNX Ready For a Potential Correction? Synthetix Analysis 💎Paradisers, focus on SNX/USDT! It's currently oscillating within a defined trading zone and is gearing up for a potential downward shift.
💎If this breakout materializes as anticipated, brace yourselves for a rapid corrective phase.
💎The dual confirmed order blocks on the shorter time frame are worth noticing. These areas are likely landing spots for the SNX, given the liquidity concentrated there.
💎Looking back at historical movements, we observed a shift from demand to supply, leading to a notable decline in Synthetix Price and zeroing in on the prior Order Block (OB).
💎In the fast-paced world of crypto, staying alert and adaptable is of the essence. Keep your charts up-to-date and stay tuned for more insights!
BTC/USD Main trend. Cycles. Halving BTC. Surrender zones.Logarithm. The time frame is 1 month. The main bitcoin trend (almost all of it). Idea for understanding cyclicality, and secondary trend capitulation zones. Also, for understanding where the price is in a long-term trend.
The idea shows surrender zones in secondary trends. The timing of bitcoin's halvings and the trend reaction in the aftermath. Cyclicality. Also shown on the chart are intermediate cycles of bitcoin and market pumping between major long-term cycles.
Note that unlike past cycles, the bitcoin price has been under the uptrend line for a very long time. Electricity. I have shown this many times before.
Linear graph.
ICP/USDT on the Verge of a Breakout🚀| ICP Analysis Today💎 Paradisers, Take Notes! ICP/USDT is on the verge of a breakout from its descending channel pattern. Observing the daily close candle is vital to confirm a genuine breakout.
💎 If LSE:ICP remains above the support trendline at this point, it will signify a confirmed breakout.
💎 Examining ICP’s past behavior reveals its steady stance in a Strong Demand zone. Observations denote that the asset has consistently created wicks to access an order block in the bullish OB, maintaining the daily close persistently above the robust demand zone.
💎 LSE:ICP has undergone multiple attempts to penetrate the descending channel, each encountering substantial rejections and subsequently reverting to the strong demand zone.
💎 The analysis could become obsolete if ICP retreats from the Bullish OB zone, possibly signaling a continued descent for ICP.
💎 Stay vigilant and remain updated!
XLM is Most Likely Ready For a Correction | Stellar Analysis💎 Paradisers, turn your focus to XLM/USDT! The asset is presently traversing a clear descending channel and seems on the brink of a potential downward breakout.
💎 If this breakout materializes, brace yourselves for immediate correction in the XLM's price.
💎 It’s imperative to spotlight the two authenticated order blocks in a shorter timeframe. Given the prevailing liquidity, these areas are likely destinations for the Stellar.
💎 Reviewing historical movements, a shift from demand to supply has been observed, culminating in a notable decline in LSE:XLM 's price and aiming at the preceding Order Block (OB).
💎 In the dynamic realm of crypto, maintaining alertness and flexibility is paramount. Ensure your charts are up-to-date and stay connected for further insights!
IDEX/USDT Poised for an Explosive Bullish Rally| IDEX Analysis 💎 Attention Paradisers! #IDEX/USDT is poised for a breakout from the descending channel pattern. It is crucial to monitor the daily close candle for a confirmed and valid breakout.
💎 If NASDAQ:IDEX sustains above the support trendline at this juncture, it will mark a validated breakout.
💎 Reviewing IDEX’s historical performance, it has maintained a consistent presence in a Strong Demand area. It is observed that NASDAQ:IDEX has repeatedly formed wicks to tap into an order block in the bullish OB, with the daily close consistently above the strong demand zone.
💎 The asset has faced numerous trials to breach the descending channel, each time meeting significant rejections and subsequently retracting to the strong demand area.
💎 The analysis may lose its relevance if NASDAQ:IDEX withdraws from the Bullish OB area, potentially indicating a further downward journey for the asset.
💎 Keep a close watch and stay informed!
MULTI Preparing for a Bullish Rally | MULTI/USDT Analysis💎Yello, Paradisers Attention on #MULTIUSDT! Having recently escaped a descending channel, the asset is aligning for a potential bullish journey.
💎The VRVP is a pivotal factor in this optimistic outlook, acting as a solid foundation of support. The substantial trading volume observed is further intensifying the bullish wave.
💎In the distance, a significant supply zone is emerging, which the price is poised to interact with and possibly neutralize. This interaction could be a pivotal point for MULTIUSDT.
💎If the price descends below the VRVP support, we could witness a bullish resurgence from the $2.17 level. However, considering the volatile nature of the market, a break below this point could open the gates for a shorting scenario.
💎Stay informed and watchful for more updates and insights!
Note: We are well aware that Multichain services are unavailable to the users. But we are seeing a huge interest from the whales so you need to practice caution.
MASK/USDT Broken Out of a Descending Channel | What to Expect? 💎Paradisers, be on your toes! MASK/USDT is showing signs of breaking out of its descending channel and is currently cruising within a demand zone. We're optimistic about a potential bullish ascent.
💎Recently, MASK has been oscillating within a defined bracket. It encountered a barrier at a bearish order block near the $3.34 mark. With its current bullish undertones, it seems poised to retest this barrier.
💎Watch out for the looming supply zone and the bearish order block identified on extended time frames; these might be on the MASK's radar next.
💎However, if the price dips beneath the demand zone and crucial support, brace for a possible bearish shift.
💎Stay sharp and keep those charts updated for more insights! 🌴
DIA is Ready For an Explosive Bull Rally | DIA Analysis Today💎Paradisers, turn your attention to DIA/USDT! The asset has just escaped a well-defined trading range and is setting the stage for a likely bullish surge.
💎If this breakout unfolds as we expect, get ready for a significant upward rally with DIA.
💎It's important to highlight the two verified order blocks in the shorter time frame. These zones are probable targets for the DIA, considering the liquidity present there.
💎Reflecting on past trends, we saw a transition from a demand to a supply zone, resulting in a significant price drop and targeting the previous Order Block (OB).
💎In the ever-evolving landscape of crypto, staying vigilant and flexible is essential. Keep those charts refreshed and stay tuned for more updates!
FLOW Just Broke Descending Channel | Flow Bullish Momentum 💎 Paradisers, get ready for an electrifying chance with FLOWUSDT! Having recently shattered its descending channel trend line, the asset is in the process of retesting this level, paving the way for a potential bullish leap.
💎Just a few days ago, FLOW sketched a sturdy descending channel, making contact with the trend line on several distinct occasions before finally breaking itself.
💎What ignited this breakout? Our deep dive into the High Time Frame (HTF) weekly chart unveils a bullish weekly candle, indicative of powerful buying momentum.
💎The volume profile is equally telling, showing fluctuations that correspond with the range of the candle. This retest could serve as a prime trading gateway.
💎However, if the FLOW plunges below the trend line, brace yourself for a considerable downward trajectory. In such an event, strategize your short positions meticulously.
💎Stay on the cutting edge and trade wisely!
BITCOIN (BTCUSD): Important Bullish Confirmation ₿
Bitcoin broke a strong daily resistance.
Retesting that the price formed a horizontal range on a 4H.
The resistance of the range was also broken yesterday.
I bought the market on a retest.
Goals: 27500 / 28000
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ADA, does it have the juice to run away?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
The bullish variant here looks very nice, if ADA has the fuel to pump a bit.
Mastering Trading Psychology: Overcoming Failures and Embracing Hello, friends! I'd like to discuss with you the situation of our failures in trading. What causes them and what to do about them in the future:
1) Traders that go into the market don't accept the risk they are putting on when they get into a trade. Traders who trade based on their PnL and not their strategies. Traders who are afraid to take a loss and see red in their account or their positions. When you trade from a place of fear(losing money), and not from a risk standpoint, your mind will mess with you, and it will destroy the psychology that is needed to become profitable.
2) Fear-based traders worry about their PnL more than the actual trading setups that are presented to them. They base their decisions on emotions and are the type that end up chasing moves from FOMO, whether it's long or short. They hold losers too long hoping they turn around because they're fearful that if they cut the trade, it will turn in their direction. They chase moves out of FEAR that they'll miss the move.
3) A risk-minded trader understands that they will inevitably be wrong at times and take losing trades. They respect when they're wrong and cut the position. No fear about it. Purely risk management and understanding you are not correct 100% of the time.
Now, let's move on to the conclusion: You can't win or lose a trade; your task is to run a marathon. And that is the MAIN RULE!
Let's talk about books now. Numerous books are available, and I select the ones I consider the best.
Reminiscences of a Stock Operator by Edwin Lefevre. 100 years old this year and an absolute classic
Dynamic hedging by Taleb
One Good Trade: Mike Bellafiore
It's a good book for beginners, emphasizing discipline, and risk management and vibe of trading journey.
That's the end of this story, traders. I would like to read in the comments below your thoughts and ideas! Let's keep charting!
CELO/USDT is Preparing For a Bullish Momentum💎Yello Paradisers, tune in for a quick rundown on CELOUSDT! The asset has recently made a return to its demand zone and appears primed for an upward swing.
💎 A couple of days back, we pinpointed the 0.536 level as a crucial turning point. So far, the price has been holding steady at this juncture. Yet, given the current market volatility, it's wise to tread carefully.
💎 If the price loses its grip within the demand zone, view this as an optimal chance to take a short position down to the invalidation level.
💎 Stay sharp and trade wisely!
PERPUSDT bullish ride?💎🐂 PERP Today Analysis💎 It's primed for an impressive move as it has nicely tapped the Order Block (OB) and initiated a bullish surge.
💎 Upon deep analysis, we notice that the previous demand turned into supply, causing a downward price movement. The presence of liquidity is the driving force behind this move.
💎 The first bounce saw a price rejection, but the second bounce was weaker despite the rejection, leading to a downward move.
💎 Given the clear imbalance, liquidity, and bearish OB above, we expect the price to reach this level to mitigate this OB.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
HBAR/USDT bullish MOVE!! 👀 Hedera Hashgraph Today Analysis💎 HBARUSDT is primed for a bullish trajectory, as it's maintaining a strong hold above the EMA 21, setting a bullish tone.
💎 Another factor bolstering the bullish outlook is the presence of a Demand Zone, which is expected to further fuel the upward move. Above this demand zone, we have a Bullish OB confirmed on a smaller timeframe, and the price is expected to retest this level.
💎 At the supply zone, there's an unmitigated OB. The price could potentially rise all the way up to mitigate this level before deciding on the next move.
💎 However, if the price enters the invalidation zone and breaks below it, we could see a downward move.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
OGN/USDT explosive upward journey? 👀 🚀 Origin Protocol
💎Paradisers, take note! #OGNUSDT is currently in a demand zone and appears poised for a bullish ascent👀
💎 Over the past few days, #OGN been trading within a specific range. It previously faced resistance at a short-term bearish order block around the $0.0834 level. Now, with renewed upward momentum, it's likely to challenge that resistance once more.
💎 Keep an eye on the supply zone and bearish order block confirmed on higher time frames the price is expected to address these levels soon. Should the price break below the demand zone and key support, be prepared for a potential -7.18% drop.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey.
SSV Ready to Go For Another Bull RUN? SSV Analysis Today 💎Paradisers, focus on SSV/USDT! The asset is currently navigating above a well-defined trading range and appears poised for a possible upward breakout.
💎If this breakout unfolds as we expect, we might see another bull rally to the mentioned levels.
💎It's crucial to highlight the two verified order blocks in the shorter timeframe. These zones are probable targets for the price, given the existing liquidity.
💎Reflecting on past trends, we've seen a transition from demand to supply, resulting in a significant price drop and targeting the previous Order Block (OB).
💎In the ever-changing crypto landscape, staying vigilant and adaptable is key. Keep your charts refreshed and stay tuned for more updates!
BTC with more BS?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Note the time of dilly, note the time on $ES...
Broke resist, hit the trend line.
Holding this area to complete an impulse is needed for bull lean.
NEO/USDT prepare for bullish move? 👀 🚀 NEO Today AnalysisParadisers, gear up for an exciting opportunity with NEOUSDT! After touching a bullish Order Block, it's primed for a dynamic upward surge👀
💎 In the wake of recent market volatility, NEO experienced a significant drop but has since regained its bullish momentum.
💎 There's a Bearish Order Block above that the price has already tapped once. We're optimistic that it will revisit this level, given the remaining liquidity.
💎However, if the price breaks through the demand zone, consider a short entry to capitalize on the situation.
Keep your charts updated and Stay one step ahead of the market 🌟 🌴
KDA Getting Ready For Bullish Surge? Kadena Today Analysis 💎Yello, Paradisers, get ready for action! KDA/USDT is teetering on the edge of a bullish breakout, poised to escape its downward channel and kickstart an upward journey.
💎Recently, Kadena (KDA) has been gravitating around a crucial support area. With trading volume on the rise, we're optimistic about a forthcoming bullish swing.
💎After initially setting equal highs, the price took a notable nosedive, signaling a shift in market sentiment and prolonging its bearish course.
💎However, bullish indicators are starting to resurface, and we expect the KDA to aim for the looming supply zone soon.
💎A word of caution, If the price breaks below the support amid market fluctuations, gear up for a potential bearish continuation.
💎Stay tuned for more real-time updates and trading insights!
BTC, Ideal setup!If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Another potential BS pump off 25.4k.
4th time out of this area.
I do have a small long on just in case, hedging my shorts.
Still think a move down into box would be ideal, for me.
The importante thing though...it has to bounce back out for bulls.