KEEPUSDT 6H long setup; Bullish cont. after finished pullbackTA explained
KEEP seems to be ready for a next leg up. Pullback was completed when bouncing from Golden Pocket level and previous top (lowest green dotted line).
After the bounce the 6H (and 4H) 50MA got broken strong and is retested right now.
Trade setup
Best entries: 0.6847 - 0.7325
TP1: 0.8442
TP2: 0.9774
TP3: 1.1733
SL: 0.6238
RR: 5.52
Max leverage: 1
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MDSquared Crypto Lounge
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
Goldenpocket
SKLUSDT 4H long setup; Perfect W-formation neckline retestTA explained
SKL formed a huge W-formation and retested the W-neckline on the pullback. Price is bouncing on the 4H 50 MA which also aligns with the Golden Pocket.
Targets align with the extended fib levels calculated from the current pullback.
Trade setup
Best entries: 0.329910 - 0.345500
TP1: 0.45880
TP2: 0.53836
TP3: 0.62286
SL: 0.30903
RR: 10.11
Max leverage: 2
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MDSquared Crypto Lounge
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
bearish on short term but bullish on medium and long termI'm closing long position and waiting the next btc move,
If broke the 56300$ resistance i will open long position with stop loss at 55k,
If not there is a possibility for a bart pattern, with support on fibonacci level and strong support on dynamic green line witch coincide with golden pocket 0.61-0.65.
Sushi breakout to around 13.24
Head and shoulders gives us a price target of around 12.63
Ascending triangle gives us a price target of around 13.24
Swing high, and swing low golden pocket also gives us around 13.24
Several points of confluence around the 13.24 price for SUSHIUSD based on chart patterns.
Not financial advice always do your own research before trading.
BTC - Golden Mean Test ApproachingBTC broke-out of a Bull Pennant after a tidy back-test of the fifty percent line (64.9-28.8K). With Equities in a Fall Slump, (with an oversold bounce today not withstanding) , BTC is looking up at a second try at the Golden Pocket. The first attempt saw an overthrow of the .65 level, a sharp reversal, and a subsequent Diamond Reversal Pattern.
BNB Update.For BNB lovers.
Looking at BNB from within the 1D time frame, it looks like a fast bullshit.
The BNB trade journey has also taken the form of a large symmetrical triangle. I believe it will act as a continuation pattern.
It's another feature of the MA strategy that I follow, and I think the two stochastic lines will cross soon.
According to the analysis, if the Golden Pocket Zone you see breaks strongly and goes up, at least it will go up to 33% or so continuously.
Both futures price caps are clearly marked, and if BNB prices drop below $ 380, this analysis will invalidate.
BTCUSD one last breath at major support! My overall bias has been bearish but having said that I trade level to level, day-to-day, and will change my mind if we invalidate key levels to take us out of the current bear market.
BTC is showing bearish momentum and a very bearish market structure but that does not mean we can't look for longs.
After the perfect .618 golden pocket rejection at 48k, we now have everyone in panic so this would be the best time to take a nice, fat long again.
We're almost at critical support and it will be thoroughly tested IMO.
What I can see coming up is a nice swing long at around the 38.4k range.
Looking at TA:
We have the golden pocket (yellow lines) of the ENTIRE uptrend. There will be tons of buyers in this range from 37.2k - 38.5k
We have a daily level (blue line) of 38.1k
Fib 1 - 1 extension (red line) gives us 38.4k for the move down and this typically gets completed as such.
4H - 8H RSI is very, very low and this suggests we've got more room to drop from where we are.
Daily hidden bullish divergence if we maintain the 38k level and don't take out the wicks.
I think we'll be bouncing in this channel I have created. We're currently halfway through.
I'll share some more ideas below in the comments!
NFA.
Good luck!
Basic DINOX ideaJoin all the DinoX channels
If Dinox gets rejected by the golden retracement levels, we will be close to forming a head and shoulders pattern
Interesting confluence for BTC around $23.8K Fib + CME GapRecently found some interesting confluence around $23.8K for BTC. If you like this let me know, or why you disagree.
The entire Global Fib "Golden Pocket" from Bitstamp, happens to overlap with the largest remaining CME Gap yet to be filled from Dec 2020.
Fib extension from the very top has a 2:2 smack in the middle of the overlap, as well as a 1:1 Fib extension from the local price action.
Will we reach this level before rising back into a full bull market? Personally, I believe we will.
Potential Long Setup For $WISH using Trendlines and Fibs Long Setup for Wish with Key areas it must break to run up to the target of $22.80. That price target is just before the midterm Golden Pocket Fib resistance (So good spot to take profits if it hits the target imo).
$20.09 is also an important spot to watch for potential resistance and a possible pullback. But if it rips through that price point then it shouldn't have any issues hitting our $22.80 target.
New to posting these ideas, so please let me know what you'd like to see more of and what I should explain better.
Cheers :)
BITCOIN blows the trumpet - NO ONE wants to hear that!!!Hello everyone,
I know no one wants to hear this, but it's time to come clean to all the MOON boys who are making promises and keeping you happy. What does the chart tell us, what is more likely and what are the possible scenarios for bitcoin?
First - anyone who has been following me for a while knows I am currently perma-bear on bitcoin. My short analysis has hit the mark and so far I have no reason to doubt that this assessment will continue. To rule out conflicts of interest immediately - I am flat on crypto - and with good reason! I trade stocks and that's currently a lot more fun than the coins. Anyone who is interested can have a look at my other analyses!
Even in the current mood of the end of time, Bitcoin can clearly hold on to formations that are now becoming clearer in the chart. We are talking about the trumpet 📣
"The Trumpet (Broadening Formation) is a relatively rarely occurring chart formation. Basically, it is a triangle open to the right, whose boundary lines run further and further apart at the top and bottom. The angle at which the upper and lower boundary lines diverge can be arbitrary. Normally, however, the formation is symmetrical. This means that the boundary and support lines diverge at the same angle. There is no favoured direction of breakout. The trumpet can occur both as a trend continuation formation and as a reversal formation (top formation)."
What this means to me is clear. A definite statement cannot yet be made. Nevertheless, a clear tendency can be seen here and it doesn't look so great. The price remains weak, continues to fall and recoveries are more of a homeopathic nature! A breakout on the downside is therefore currently much more likely for me. The problem here is that if the formation breaks out to the downside and the price cannot be intercepted, the crypto market will probably be trapped in a long-term and tough crypto winter for good!
The only possible remedy: the price must leave the formation to the upside, or be caught vigorously at shot target 3 on a breakout to the downside! Honestly, I wish it to everyone who is invested here!!!
Please pay attention to our risk note! I am not an investment advisor and this analysis only reflects my personal opinion and is not a call to individual action!
If you want to support my work I'm happy about a like & follow 🙏
Best regards & success!
Max from ChartDigger