Futurestrading
ADA bottoming out 💸I think ADA has hit the low, now is looking absolutely bullish.
I wouldn't expect ADA breaking the trend line, in my opinion ADA will reverse soon making huge gains in the way.
This is the moment to step in as we are getting supported by the higher lows.
This is definitely worth swing trade.
Huge surge coming soon for DOT 🚀As promised in the group chat the DOT analysis is here.
I believe that we are bottoming out here in Polkadot, it's just boring price action. Trading between $38 and $41, we are just about finishing this correction on Polkadot.
$38 area is being such a strong support, that I won't expect DOT to break this support. Due to the high volatility, we can see DOT price leaving some wicks around $36 making some fakeouts.
But overall, DOT is looking super super bullish right now. This is potentially a trade of 40%+ in a less than a month, coming back to the ATH, pretty safe.
Don't overleverage yourself and trade safely guys.
Learn the Range Trader Strategy | Part 1 - The LevelsIn this lesson, I discuss the important levels to know for the Range Trader Futures Trading Strategy.
The indicators on the chart that produce these levels and values are the following:
1) The "T-Line" is a 233 period Exponential Moving Average (EMA) | Built-ins >> Indicators
2) The prior session highs and lows are plotted using the 4C Yest HLC/O indicator | Community Scripts >> Search for the script name
3) The overnight or Globex highs and lows are plotted using the High/Low Of Custom Session indicator | Community Scripts >> Search for the script name
4) Volume Point of Control (VPOC) is calculated with a Session Volume HD script | Built-ins > Volume Profile (These scripts require a paid TradingView plan)
Now for the levels ...
Identify the prior session high and low.
Identify the overnight high and low.
Identify the prior session VPOC.
(Current session VPOC is noted only if the overnight range exceeds 50% ATR prior to the U.S. stock market open).
Identify if price is above or below the T-Line (233 EMA), indicating a bull/bear continuation or bull/bear neutral pattern.
Identify the 7-day Average True Range (ATR) for the instrument/product you are trading.
Follow Me here on TradingView to be alerted to the next videos in the series that go into set-ups, signals, and entries for the Range Trader based on these levels.
Huge Opportunity on ALGO 🚀ALGO looking absolutely great, after being in consolidation for a long time is ready to PUMP.
Looking extremely good, just need to wait for clear breakout with a good level of volume. In the meantime the massive ascending triangle will still going on, the more times we hit the resistance, the more likely it is that we will be able to break it and hit a new ATH.
This will be broke in the next few days/weeks (max). As soon as we breakout this resistance the price target would be around of $2.6 and as you know after breaking ATH there is no resistance 😉. If we use the Fibonacci retracement the targets would be $3.2 and $4.3.
Please guys be cautious but don't miss this awesome opportunity.