Daytrade
BTC Bullish 0.74% to 3.5% 10 19 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
Analysis:
On the 3 min charts, BTCUSDT 3 candle confirmation occurred at around $19,230. This implies a current oversold condition for BTCUSDT. 2-candle confirmation on the 5 minutes chart above the yellow moving average and a 1-3-candle confirmation above the lower white dotted fib line on the 3 min chart were also confirmed. Entry Zone was also outlined in the video.
Based on this analysis, we should expect around 0.74% to 3.5% upward movement for BTC from this point. if you are really bullish, a higher percentage is a possibility by the end of the week.
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT, ETHUSDT, BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP, moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
my day trade plan on NETFLEX.Disclaimer: I do not give solicitation to buy or short
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I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated
Before you enter a trade , one must learn how to master the charts as Stock charts play a big role in deciding when to buy or when not to buy. Technical Trading help in predicting price movements and have a risk management. Stock trading is like any other business and must be taken seriously. Lot of people lose money because they don't educate themselves and end up placing trades blindly which results in big losses
Stock charts is the major component day traders, swing traders, core traders use. Times and technology has changed and if you cannot adapt to the new methods , there is a high chance you will be left behind
Millions of shares are traded now using desktop , laptop or gadgets and stock charts is what majority of traders look at.
So , if you want to be a daytrader , swingtrader or coretrader learn how to read and interpret charts. There are lot of great books out there like Thomas Bulkowski's Encyclopedia of chart patterns and Steve Nison Japanese Candlesticks interpretation
Having someone experienced can also cut the learning curve time for a new trader. Trading does take time and with discipline , hardwork , dedication and most importantly Passion for this needs to be there.
Swin trade on ORCL 1 hour chartDiscalimer: I do not give solicitation to buy or short.
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I cover various stocks which can be profitable based on the stock charts and technical indicators. I try my best to explain as detailed as possible but your feedback is also appreciated
Before you enter a trade , one must learn how to master the charts as Stock charts play a big role in deciding when to buy or when not to buy. Technical Trading help in predicting price movements and have a risk management. Stock trading is like any other business and must be taken seriously. Lot of people lose money because they don't educate themselves and end up placing trades blindly which results in big losses
Stock charts is the major component day traders, swing traders, core traders use. Times and technology has changed and if you cannot adapt to the new methods , there is a high chance you will be left behind
Millions of shares are traded now using desktop , laptop or gadgets and stock charts is what majority of traders look at.
So , if you want to be a daytrader , swingtrader or coretrader learn how to read and interpret charts. There are lot of great books out there like Thomas Bulkowski's Encyclopedia of chart patterns and Steve Nison Japanese Candlesticks interpretation
Having someone experienced can also cut the learning curve time for a new trader. Trading does take time and with discipline , hardwork , dedication and most importantly Passion for this needs to be there.
EUR/USD likely to fall!Hey tradomaniacs,
EUR/USD has shown a fakeout to the upside with a fast reversal showing sellers are trying to fool buyers in here.
Previous news were hawkish but so far we see a risk-off-tone in the stockmarket which is likely to keep EUR under pressure.
However, lots of sellers coming in at this spot and orderflow is currently pretty bearish!
Please keep in mind that all trades are risky today due to less volume. Lots of holidays and closed bond-market ahead highly awaited news this week!
Let`s see =) Good Chance!
Push through the VWAP candles?...I'm in waiting...I'm trying to determine if the price action will bounce off of the VWAP candles on the 4 hour chart or not. As you can see in the recent history, when it jumps on top of the VWAP candles it will make a measured move upwards toward the $22,500 range. If it bounces off of the VWAP, we are sure to see more downside action. I'm in a holding pattern...until I see the response to the VWAP, I will remain holding as far as my short term trades.
EUR/USD likely to fall again!Hey tradomaniacs,
EUR/USD just tested a strong resistance-zone where price could reject from in order to follow the trend.
If risk-off continues it is more likely to see a stronger USD-Dollar and so a suffering EURO.
Only 10% Inflation could push EURO as rate-hikes are getting more likely.. ;-D
What do you think?
GBP/USD likely to fall!Hey tradomaniacs,
after recent fake-out it looks like we get a retracement and a fall for GBP/USD.
The fakeout looks clear to me and could provide us a great move to the downside.
Remember it is risky to trade ahead the NFPs aswell with lower volume in the market due to holidays in asia.
What do you think?
Nasdaq completing ABCDE patternAs illustrated the nasdaq is about the complete the ABCDE pattern, it also broke a crucial support level which is also the .0618 fib level. EMA's also showing we're still in a downtrend and are not getting out anytime soon.
This will mostlikely take some time to develop and is good for the swingtraders among us.
Trend is key.
GBP/USD likely to fall!Hey tradomaniacs,
looks like GU has just re-tested the resistance-zone after fakeout with great momentum to attract ans absorb buyers.
So far a great spot to go short but still risky due to the news from BoE.
Make sure if u short that you manage aggressively!
What do you think?
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