Gains
OMG - Gearing up for a breakout? Over 200% Potential Long Term.Looking at OMG on the daily Chart, there's some interesting things potentially shaping up.
Most obvious is the descending triangle we've been trading in. OMG trades on a bullflag historically; which is characterized by a long period of sideways or slightly descending movement followed by a massive pump.
We see a fairly recent retest of bottom support in late september which held strong.
We have steadily increasing volume, however the biggest spike was on a retest of the upper channel boundary that was rejected, marking a decent red day.
RSI is very middling at the moment; could go either way with current priority being up.
Bottom line: good indicators for a breakout coming at some point in the next few weeks, however the heavy sell volume on the upper boundary retest makes me think we might see a lower support retest like in September before things really start cooking.
Wait to see if we retest or if we can break through that upper boundary without a swift rejection.
Short term TP's are green fibs, potential for ATH or more when the bull flag pops.
Thanks to everyone for the support over the last while, let's keep this going :)
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I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you.
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SXP/USDT GAINS Get in until it's too late!!Are you seing what i'm seeing?!
1hr RSi divergence- we reached already 5th wave - ONE WAY TO GO
Price action stays the same while RSI says that we are loosing strenght.
MACD about to crossover we have Bearish volume stronger then bullish.
If that didn't convinced you to short, for short term gains, I don't know then what would you.
Entry :
0.9150
Take profit:
Half of your position at 0.8671
Second half 0.848
Google - Can we expect a similar as of last quarter? On a daily time frame : GOOGL has moved slightly up from its support level which is positive sign, idicating that the stock is in uptrend. It may face little resistance at 1,625, if broken next level is 1,700. On Technical grounds RSI has moved upward and still there is room for RSI to go further up. PSAR - leading indicator has given a buy signal. As per Fib retracement support level is 1,447 and resistance lies at 1,625 (R1) and 1,720 (R2). Risk to reward ratio seems to be positive. A positive earning of 11.28 is expected which is slightly higher than its last quarter's expected earning of 10.13. This may act as stimilus to derive the share price upward before the earnings release date. After the last quarter's earnings were released there was a short rally which moved the price from 1,470 to 1,700 (approx). Can we witness the similar trend this time as well ?
HTZ Hurtz Recoverynot really going to get into alot of detail here
big projected earnings coming in 30 days
htz isnt going bankrupt. its only chapter 11 anyways, not 7. know the differance.
travel bans are being released. restrictions lesser every day.
flight bans are also being lifted.
travel will prevail.
BNB - Renewed Life? Nearing buy for 70%+ potential?BNB is Binance's native coin. A useful coin as it is used for a variety of transactions on Binance, and allows traders lower trading fees by using it for fees, as well as yield options.
I've had a love hate relationship with this coin in the external world: On one hand, it's uses on what is essentially the most popular exchange has meant constant demand. On the other hand, it's directly tied to an exchange; and as history has told us, these seemingly mighty titans can be felled relatively quickly.
Recently it's seen a huge uptick following the September dump, largely driven by it's inclusion in various liquidity farming pools. Big returns, allegedly minimal risk! Allegedly .
Taking a look at the chart, I think there's some potential here.
Since the June '19 ATH, we've seen a bearish downward channel turn into a rather bullish upward channel. Higher highs, higher lows, rather consistently strong MACD. It's the things you want to see.
EMA 100 is a very important trendline on the BNB daily chart. We can see the price basically play around it: Above it, 100 becomes support and the price is bullish. Below it, 100 becomes resistance the we see bearish movement. Currently we are above it with a recent test bringing aggressive price rebounding.
MACD is showing decently bearish at the moment, can assume further drops in the short term as historically the bearish MACD trends take a few days to play out with BNB
Stoch is bottoming out. Historically it doesn't hang out here long at all, with abrupt up shifts being the norm recently.
If we stay above this line consistently, without regular testing , I think bullish action in general can be assumed for BNB .
Also, notice support & resistance levels have been falling in line with fib levels often, with the current support being at .5 fib, almost scarily on the nose. Like wise peaks fall on the fib. This can tell us ALOT about how the general market is reading the chart and setting their levels.
BUYING IN?
We're close. If the long term ascending channel holds we'll likely have a good opportunity to buy soon. Short term we're facing a bit of a resistance wall since the last peak, a break through this could signal movement upward. My buy zone is from 22.30 down to around .382 fib or 19.11 in the cases of a total market breakdown. Don't see it falling below this point, as that would take it well beyond previous lows and completely break the bullish upward channel it's been on. Definitely stop loss territory.
BUYIN: 22.20 down to 18.00
TP's: (based on previous highs, and fib levels)
#1 - 27.05
#2 - 32.70
#3 - 39.90
SL: 15-20% MAX
If all else fails, we stick em in a yield pool and pray that boat isn't headed to the proverbial waterfall. Am I joking or not? Your call!
“On the highest throne in the world, we still sit only on our own bottom.” - Michel de Montaigne
I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you.
Feedback, criticism and crude humor are welcome :)
ZRX - Entering the Buy Zone? 150% Potential?ZRX is an open protocol that enables exchange on the Ethereum network. It was pretty hyped in August as the ETH network charges started to increase, and ZRX was a cheaper alternative.
Seems to have been trading on a series of bull flags . Bull flag is a continuation pattern characterized by a sudden rise in price followed by a slow decline or sideways movement.
Currently, we are testing the water dipping into the last big historical resistance band. We saw a drop into it this morning with a decent spring back above it.
We've moved below EMA 100 and EMA 200 . We've been above this for a month now with the last dip to EMA 100 during the big Sept drop, leading to a quick rebound.
Stoch is bottoming out, could see beginning of a reversal forming soon.
MACD shows a shrinking downward trend.
BUYING IN?
Keep an eye on it! but not buying in right now. Big potential for gains after we leave the downard channel and running into resistance and EMA levels here in promising. Will need to see how the market plays out to see whether this is the buy time or not. If this resistance breaks we could see bigger declines, so don't buy in too big too early and get bit.
When we leave the downward channel, it's game on. Potential for 150% profit long term. I've put some TP's below based loosely on previous resistances, use at your discretion ;)
TP's : 0.52, 0.65, 0.95
SL : 15-20% Max
Aim for the moon, if we miss we land among the stars. Or asphyxiate.
I'm a simple guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you.
Feedback, criticism and crude humor are welcome :)
Gold Next move gold hang around 1950 for a wile before it while go up and break the trendline. i think it will bounce of 1965 to retest the broke trendline.
if it retest i will place one more trade on it. after the retest op the trendline it will break 1965 en will go to 1990 or 2K.
also there are a lot of workless people now. the nummer is increasing again. so gold AKA the saveheaven will go up.
EOSUSDT - Just LONG IT / 15% GAINS !!!NEW author on TradingView
-2+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering crypto/US stocks
EOSUSDT 1h : BEST level to LONG 15% gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: EOSUSDT 1h chart review / outlook
::: Reversal imminent right now
::: likely setting up for a bigger move up - Get ready BULLS
::: however short-term I recommend to focus
::: on buying LOW from confirmed liquidity
::: key resistance: 3.13 USD
::: key support level: 2.75 USD
::: recommended strategy: LONG IT 2.78 USD
::: SL 2.7 USD TP 3.03 - 3.13 USD
::: good luck traders
EURUSD OPEN- Running +80 pipsNice sell from EURUSD... This trade now running over 80 pips in profit
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
AUDCHF BUY banking 5%, SELL then banking 1.8%... BUY back openFirst BUY closing at an account gain of +5%! SELL then opened and closed +1.8% account gain... BUY now back open
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
4% ACCOUNT GAIN banked on the BUY... SELL open +80 pips!BUY closed on AUDCAD banking 110 pips, achieving a 4% account gain. SELL still open, currently running +80 pips
What is our strategy?
Our strategy is a trend following strategy - that is coded in pine script to use with the trading view platform - the entries are shown automatically! NOTHING is done manually, it can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too!
STMX/BTC- 4hr Chart - 8/30/2020This is not advise nor for instruction. Sharing my chart on STMX / BTC to share my thoughts on this coin. Thanks for checking it out.