FOOTBALLUSDTFOOTBALLUSDT was trading in downward direction. Now it has created very strong demand zone. Will it crest a bullish momentum from this zone ?
Footballusdt
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FOOTBALL formed Perfect Double Top Bearish PatternFOOTBALL formed Perfect Double Top Bearish Pattern
Short with proper risk management
FOOTBALUSDT | UPTREND | BULLISH TRENDHigher Highs and Higher Lows are technical patterns commonly used in chart analysis to identify potential uptrends in an asset. An uptrend is characterized by a series of Higher Highs and Higher Lows, indicating that the price is making new highs and lows that are successively higher than the previous ones.
Higher Highs occur when the price of an asset reaches a new high during a given period that is higher than the previous high, while Higher Lows occur when the price reaches a new low during a given period that is higher than the previous low. This suggests that the price is continuing to trend upward and that buyers are becoming increasingly aggressive.
Trend lines can be used to connect Higher Highs and Higher Lows to create an uptrend line, which provides a visual representation of the asset's upward momentum. This can be a useful tool for traders and investors to identify potential buying opportunities near areas of support and resistance.
In the case of FOOTBALLUSDT, if the asset is exhibiting a series of Higher Highs and Higher Lows, this suggests that it may be in an uptrend and that prices are likely to continue to increase in the near term. However, as with any form of technical analysis, it is important to use these patterns in conjunction with other indicators and to keep in mind that past performance is not necessarily indicative of future results.
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FOOTBALL/USDT PERP SHORT TRADE IDEA Greetings from Team : Trading The Tides.
lets discuss a short sell oportunity on (FOOTBALL/USDT )
Target area for initiating short :980
DCA Limits : 1000, 1020
TP : 890,860,790 (I do believe these tokens are over priced and will dump hard )
SL : This is a swing trade adjust position sizes (1087 )
Hold Time : swing trade
Technical Chart Pattern: Double Top
Posible liquidity area : 1033-1040
Exchange : Binance
Rules :
We use big capital with less leverage .
Max leverage : 3x
Better take trades with 1x.
We only post the exact setup we are following for the trades .
But DYOR .
Not a Financial Advice !
From Team :
Trading The Tides
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Thanks a lot and see you soon on the next trade .
FOOTBALL LONG IDEADay Trade Level by Level Trade
Nice risk-reward trade for this one.
Slight SL and easy invalidation.
Football - Long Term PlanFootball is a very good instrument for those who want to have a diversified crypto portfolio which is less likely to be correlated with broader crypto market as the instrument follows the price action of its fan tokens constituents.
For the long run is always good to have some in your trading portfolio.
Looking at its current set-up, 4H timeframe formed an ascending trendline. If it breaks it there is room for further declines. Around $1000 is a good buy area for a rebound.
Operate with tight stoploss as market is choppy
Phoenix-harmonic-pattern! Buy! We have phoenix-harmonic-pattern formation.
B: 50-78.6%
C: 50-78.6%
D: 224%
Buy limit at 808
SL: 670
TPS: 931, 1057
Leverage: X20
Use a proper risk management.
See you soon!