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AdaHello friends The market is suffering these days and most of the time it is declining and the best thing to do is to trade daily in good condition and to take a position in the market trend. #ada is falling like the rest and is in a really scary downward triangle, and if the resistance of 90 cents breaks down, the worst case scenario can be imagined to fall to 66 cents, and this fall and correction is logical because the rest of the coins fell by 80%, but #ada 60%. However, indicators and oscillators also show a bad fall. Thanks
Short
by Mahdsdn
Another Distribution On ETH?! Hello everyone! As you can see in the chart after a small bounce, which is the AR we have lower lows and lower highs, which indicate a sign of weakness. HOW DO I PLAY THIS TRADE?! So, first i want to say that i speak in probabilities, so its possible that i will lose this trade, thats why i have a stop loss arround 3130. After we confirmed this sign of weakness i expect to be a UT next, i personally think that will be in the area where we was consolidating 2 days, after this i expect to go down and up again for UTAD or LPSY, could be higher than UT or lower. If this goes well, we will have a dump to fill the daily imbalance to 2718. If you have another opinion, let me know in the comments, i suggest you to dont do like i say if u have another opinion of course. Stay safu guys! I wish you good luck!
Short
by cipriangabriel347
Did DOT Confirmed H&S?! Hello everyone! As you can see in the chart we have a confirmed H&S and a wyckoff distribution, this distribution we can see at a lot of cryptocurrencies, like BTC, ETH, BNB, SOL... . About indicators, we have a bearish divergence on daily which will indicate a possible dump. Where the price will go?! As you can see in the chart, we have a daily imbalance from 20.25 to 19, we can go under this price too, but i think we will have a little bounce from there. This is my opinion and what i use for trading, i have considered trading basic analysis and smartmoney too. Stay safu! Good luck guys!
Short
by cipriangabriel347
Will BITCOIN Will Go Down Again?! Hello everyone! As we already know, this pump left a lot of imbalance, imbalance that must be filled, today i have been noticed that we are in a distribution, like you see in the chart, we formed a SOW, after the next SOW we can expect a markdown that will fill the imbalance left behind(which is at 40972-37430 big imbalance), after that i expect a pump at the zone where we consolidated 2 days, like in 4 december where imbalance from the beginning of the octomber was filled. Of course can be 2 scenarious, the another one is to go 48180-50400 where we also left an imbalance, but i think that will not happen, because we are seeing a SIGN OF WEAKNESS. I think that we need to be patience and wait for the market to show us more signs about next move. Also, indicators looks that we are in an overbought zone and we don't have a lot of strong to continue pumping. Let me know if u have another opinion about BTC, or if you want to add something else too! Good luck traders!
Short
by cipriangabriel347
3
🌳very important terminologies in Trading🌳Hello every one 🟡(1) Price action The Movement of an asset or Security's price over Time , Plotted on The chart 🟡(2) All-Time High (ATH) The Highest asset has Ever been in Price 🟢(3) Support a Point in the market where the Price is less likely to drop below due to previous demand or price action 🟡(3) Resistance a Point in the market where the Price is less likely to break above due to previous demand or price action 🔵(4) Trend line a line indicating the General Price Direction of a chart 🟡(5) break out when the Price of the asset break through a pre-determined Trendline ⚪(6) Formation when a Financial Chart moves in such a way as to create a Recognizable pattern.patterns to signal trading opportunities either to enter or exit positions. 🟢(7) pump or bullish The price of an asset is going up 🟡(7) Dump or bearish The price of an asset is going Down 🔵(8) Long Position a Regular Buy in The Market. a Trade that is Predicting the asset will go up in value 🟡(8) short Position The opposite of a long Position. Entering a Trade position betting the asset to go down in value.
Education
by CobraVanguard
21
BTC Perfect retest of the rising wadge and down we go!I said yesterday in my post that we my go down to retest the bottom of the channel on the weekly timeframe which is going to be 33k. Now i just opened small short position on BTC because of the retest of the rising wadge on the 4 hourly timeframe. My profit taking area is around 34k. Dont be manipulited by this small pumps and trade smart. Dont get me wrong i am bullish on the weekly and i think that 33k is the bottom but we need to retest the bottom again. Much love to all traders. What do you think about my opinion? If you like my ideas please follow me and like the post, i am new to Treadingview but i have 6 years expirience in trading. BTC TO THE MOON!
Short
by Mladen94
2
USDT DOMINANCE 6 HOURS UPDATE Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures . I have tried my best to bring the best possible outcome in this chart. As we can see in the chart USDT DOMINANCE brake out bullish flag pattern and all ready retest it now I expecting it to come around 5.55%. What's your thought on this? Do hit the like button if you like this update and share your views in the comment section.
CRYPTOCAP:USDT.D
by CRYPTOMOJO_TA