BTCUSDT Another Double Bottom in the Channel?Hello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Another double bottom formation in the channel, will it be?
Today, bitcoin gave another liquidation to shortists, I think the removal may continue.
A slight correction and the asset will again go up to test the boundaries of the channel. After that, you can consider a serious short!
Not financial advice, just sharing my thoughts!
Dodo
ETHUSDT Profitable review on Ethereum!hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information
Overview of ETH
After the asset broke out of the consolidation zone (sidewall), ETH rose by almost 50%
I wrote in my posts that when ETH comes to the $1000 zone it will be a gradual reversal point.
At the moment, after a strong growth, the price stopped and went to the correction.
I think that the asset may fall to the $1333 zone against the backdrop of Short bitcoin
Not a financial recommendation, just sharing my thoughts.
Danil Blinkov Today's BTC Review! Anchoring over the zonehello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information
Update bitcoin
In the near future, I expect to see #btc in the $21.700 zone testing local support, before that the $21.700 level was a resistance zone.
After fixing above the level of $21.700, the asset will begin to consolidate, after which it should fall to the local countertrend.
Not financial advice! I'm just sharing my thoughts.
Post on Elliot Waves as a method of technical analysisElliot Waves is the author's theoretical development, which represents the development process with all its changes in our society and in the financial markets in particular through the formation of special recognition models.
Elliott waves can be interpreted as a graphical method of technical analysis, thanks to which it is possible to assess the behavior of market participants by studying the direct price waves of movement.
Each trend has its own structural sections, called waves, and they are often repeated. It is customary to distinguish two types of waves - impulsive and corrective.
Impulse patterns are characterized by movement along the main trend, while corrective ones show the adaptation of movement under them. The key analytical figure is presented as a combination of an impulsive and corrective wave. Schematically, this is indicated as 1-2-3-4-5/ABC. Then there is a division into lower-order waves.
All waves of the impulse type are indicated by numbers from 1 to 5, and the corrective ones are assigned the letter A, B and C. As Ralph Elliot stated in his theory, in each trend there is a combination of fives and triples, that is, a combination of impulse and corrective patterns .
five wave model
Market price movement is displayed in the form of 5 waves. The first, third and fifth are waves of directional movement, that is, impulse ones. The second and fourth are the waves of the opposite movement, that is, corrective, or rollback.
The author of the theory attributes three invariable properties of the five-wave model:
1. the second wave never crosses the starting point of the first wave;
2. the third wave is never characterized by the shortest length of all five;
3. The fourth wave can never enter the price territory of the first wave.
Benefits of Elliot Wave Theory
The main advantage, which is also a unique characteristic, of this method of technical analysis is that such structures are formed both in an uptrend and in a downtrend.
If we consider the second case, when the market belongs to the bears, then the market situation will be a mirror image of the bullish structure:
impulse waves 1-3-5 become descending;
waves 2-4 are ascending corrective ones;
A and C become corrective ascending, and B becomes corrective descending.
It is important to take into account the fact that the structure of the trend is not tied to the time frame, so the intervals cannot affect the formation of waves in any way.
Elliot waves and their graphical interpretation
It all starts with charts, so you need to use indicators to apply wave theory. It is best to display the chart in the form of Japanese candlesticks, which combines informativeness and objectivity.
On the chart, the wave structure looks like this:
We open deals using the conservative method
When the movement towards the original impulse resumes, we draw a signal line through the pivot point and the point of the expected end of the correction.
It is appropriate to open a long position at the maximum of the first wave of movement. If the price chart has not reached the level of the order and its reversal begins with the breakdown of the signal line, then you are monitoring its behavior so that the fall does not reach the pivot point and below. When the growth resumes, the line will be corrected relative to the new minimum level.
If you placed an order right away, you continue to monitor the behavior of the signal line. When the price reaches and touches this level, it is necessary to close the deal and place a new order, the level of which will correspond to the extreme maximum.
How are indicators used in Elliot Wave trading?
There is no ideal indicator that can quickly and effectively form a wave cycle. Now it offers a wide range of different modifications, and traders can choose the instruments that suit their strategy and their financial goals.
The most popular indicators for technical analysis and detection of wave structures are:
Elliot Wave Oscillator
Elliot Wave Prophet;
watl.
Consider one of them
Elliot Wave Oscillator
This indicator displays a histogram, reminiscent of MACD. The highest peaks will correspond to the third driving wave. It can be used to analyze any time frame, but it is better not to use it if you trade on too short time intervals.
When the histogram crosses the zero mark in the direction from below or above, a divergence will appear, which signals the end of the next wave structure.
When during the first corrective movement the oscillator breaks through the zero level in the opposite direction, then the creation of the third wave should be confirmed by a new divergence. If it does not occur, it means that the calculation of the starting point of the model was incorrect.
Conclusion - Robert Prechter noted that Ralph Elliot never thought about why the market formed such a "5-3" wave pattern. He focused on data analysis and drew appropriate conclusions, acting on the principle that everything is explained by the cause of the inevitable cycles inherent in the nature and psychology of the crowd.
Elliott waves should be treated as a theory, not a full-fledged technical method of analysis with guaranteed performance, while not forgetting the subjective factor. Accurate wave forecasting takes a lot of practice and experience.
BTCPERP Coming to $24.300 Level AgainHello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Update btcperp
The price of the asset is currently moving in an ascending channel, I think that after we come to the local 0.3 Fibonacci line, a reversal will begin, the zone where it should approximately fall, wrote in a previous post $ 20.555
On July 20, when bitcoin began to decline, it became known that Tesla sold 75% of its bitcoins and the market dropped by almost 2 thousand points, now we are catching a reversal.
DOGEUSDT Easy 8% on your depositHello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
DOGE asset begins to consolidate at an important level of 0.618 fibonacci, I think this is a bullish sign!
SP500 is also trying to break through an important level and Bitcoin flies after it, clinging to altcoins.DOGEUSDT
FILUSDT 4H Price slowed down after falling, normal sign? LONGHello everyone
I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me Go to the channel there is a lot of useful information.
FILUSDT After falling by -35% for 40 days, it is in the consolidation zone
I have identified two local zones on the chart, a local support zone and a local resistance zone, I think that the price will still come to the local support zone and the asset will show a reversal towards the $6 zone
Entrance $5.59
Stop 5.32$ behind the support zone
Take profit 5.80-6$
GMTUSDT Upward channel for scalpersHello everyone
I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me Go to the channel there is a lot of useful information.
Fast signal on 15M
The price continues to move in the channel, we buy from the support level and sell from the channel resistance level, everything is simple here, without further ado :)
ETHUSDT 1H Level BreakoutHello everyone
I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me Go to the channel there is a lot of useful information.
On the hourly timeframe there was a breakdown of the local level of $1591 I think this is a bullish sign
I expect the asset to grow by another 4%
Stop short 2% no leverage.
BTCUSDT 6H Fixing above the levelHello everyone
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Bitcoin broke through the resistance level of $21.900 and rose by almost 10% after which the football reversal
Now it is actively moving again towards the observer $21.900
ADAUSDT🚀 Testing the trend from the other sidehello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Let's break down the cardano chart
I showed a trend line on the 4H chart, in the future I expect testing from the support side, I think there are local chances for downward movements.
ZRXUSDT Local trend breakoutHello everyone
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The asset has broken through the local trend line, I expect a hike to the 0.2 Fibonacci zone
SHIBAUSDT This is probably the end of the growthHello everyone
I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me Go to the channel there is a lot of useful information.
SHIB Shows good results, after the last signal +30%
What is happening on the chart? The asset has broken through the local trendline and then gives a light 30%
What do I expect next? I think that the breakdown of the 0.2 Fibonacci level will somehow fix above this level, after which the price will begin to fall to the level of $0.0972
BTCPERP fundamental analysis.hello everyone
I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me Go to the channel there is a lot of useful information.
The price tested the channel borders with a shadow up and bounced down!
What do I expect next, while the asset is steadily gaining momentum in the short and will continue to fall to about the 0.2 Fibonacci zone.
The market is overheated and needs to cool down!
BTCPERP fundamental analysis.Hello everyone
I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me✅ Go to the channel there is a lot of useful information.
Fundamental Analysis
▫️The Fed meeting will be held on the 27th of this month, the US Federal Reserve System (FRS) signals that it is likely to raise the key rate by 75 basis points
For the time being, I think I'm not in a hurry with a short position, while I'll just watch the market. We need to see how the market reacts to the rate hike.
If you stick to the plan on the chart, then I expect a test of the $20.746 trend line
Bitcoin started to be thrown off earlier than I thought, it could be a simple manipulation. I think they can endure by 0.2 Fibonacci.
BNBUSDT Important Fibonacci level testHello trader👋 A new idea arrived for you today. Like and subscribe to the channel there is a lot of useful information✅
Upward channel on the chart
At the moment, an active test affects the application of Fibonacci, if the price has this level, then there is every chance to fly away in the application of $280
In the future, I expect a rebound from the $280-285 zone in SHORT
An approximate plan is on the chart👆
This is not financial advice, I'm just sharing my thoughts‼️
Now the market is very overheated, you need to cool down from such acquisitions, at the slightest profit, do not move the stop to breakeven!
BTCPERP Technical AnalysisHello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Consider the graph from the technical side
An ascending channel has formed on the btc chart, the price has approached the upper border of the channel, I expect that in the future we will break through to the $25220 zone
After that, we can consider a potential trade in Short
I draw your attention to the RSI indicator, the asset is in the overbought zone.
Plan pointed out on the chart
Entrance $25250
Stop 6.6$ no leverage
Take Profit
This is not financial advice, I'm just sharing my thoughts‼️
ETHUSD | Rebound from the global trendHello everyone
I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me Go to the channel there is a lot of useful information.
Let's analyze the ETHUSD chart on the weekly timeframe
On the 1W chart, the global club, which the price was tested several times, last and this month there were two more trendline retracements, the last time the price has already rebounded and showed a not bad growth in the form of 60%
I assume that this is not the end of growth yet, ethereum shows that growth will continue and alts will fly into space with it!
BTCUSDT| Position reversal, bears will wake up soon.Hello everyone
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Let's analyze the btc chart at 12H
Yesterday we saw a couple of confident candles in the $22.900 zone, after which the asset bounced off the resistance zone and is now moving down.
I expect again the testing zone 20.274 $ 5% of the main deposit, short stop 3.5% without leverage
BNBUSDT The asset is in the overbought zone, it's time to sell!Hello everyone
I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me Go to the channel there is a lot of useful information.
Guys, yesterday's signal worked very well in long, congratulations to everyone on the profit!
Today I want to update the idea for BNB in Short for you
The price of #BNB has formed an ascending channel with clear boundaries at 12H A clear trend line is also highlighted on the RSI indicator, the asset is currently in the overbought zone, there is a chance that it will show a downward movement.
I expect that the asset will start moving to the $247-230 zone. I have allocated approximate take-up zones.
BNBUSDT Looks good LONGHello everyone
I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me Go to the channel there is a lot of useful information.
Well guys, the crypto market is finally moving
The Binance coin looks not bad in the channel, I expect the breakdown of the $260 zone, then the path to $280 will be opened
YFIUSDT Upward Channel Breakout!Hello everyone
I have prepared a new signal for you, I write every day 10 profitable trades for the Russian and English audience, I think it will not be difficult to like and comment on the idea, your feedback is very important to me Go to the channel there is a lot of useful information.
Let's analyze the YFI chart
At 4H, the price is moving in an upward channel, I expect a further break to the upper border of the channel.
Bitcoin has broken through an important local countertrend line and is dragging all the alts with it in the long. Carefully monitor your risk management, try to be careful with your shoulders and put a stop.
BTCUSDT Important breakout of the countertrendHello everyone
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update
The price is approaching the breakdown of the countertrend at 12H, moved the take profit to the $24.420 zone to the local resistance.
I wrote about this in a previous post about the $22.530 take profit zone