UNI/USDT: UNI descending triangle, possible breakout ?UNI is currently trading inside the descending triangle and we can expect some movement inside the the triangle.
if the current momentum continues we can expect the upward moment and we will enter a long trade when price breaks upward.
if the price breaks the support then the trade invalid. price could settle in the next support at around 4.8
Entry Price: 6.222
Stoploss: 5.583
TP1: 6.571
TP2: 6.954
TP3: 7.685
TP4: 8.277
Don't forget to keep the stoploss. Like and follow us for more similar trade ideas.
Cheers!
GreenCrypto
Greencrypto
Rejection or Breakout for OP/USDT ? BINANCE:OPUSDT (4H CHART) Technical Analysis Update
OP is currently trading at $ and currently price is at the resistance line
We can expect price to either breakout from the resistance or get rejected from the resistance. We will enter trade based on whether price will get rejected or not.
LONG Trade Details (only after confirmed Breakout)
Entry level: $ 4.023
Stop loss level: $ 3.818
Target 1: $ 4.122
Target 2: $ 4.217
Target 3: $ 4.429
SHORT Trade Details (only after confirmed Rejection
Entry level: $ 3.818
Stop loss level: $ 3.978
Target 1: $3.723
Target 2: $3.623
Target 3: $3.458
Max Leverage: 5x
Stay tuned for updates on breakout or rejection.
Don't forget to keep stop loss.
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Cheers
GreenCrypto
Breakout will yield "Stellar" profit on XLM BINANCE:XLMUSDT (4H CHART) Technical Analysis Update
XLM is currently trading at $0.117 and the price is currently trading at its strong resistance zone which got rejected multiple time.
We are looking for a LONG trade opportunity if the price successfully breakouts from the resistance zone.
Successful breakout will push the price to next minor resistance which can be easily broken and our final target is next major resistance around 0.1386
Entry level: $0.1190 (Candle close above this)
Stop loss level: $ 0.1121
Target 1: $ 0.1220
Target 2: $ 0.1252
Target 3: $ 0.1318
Target 4: $0.1380
Max Leverage: 5x
Don't forget to keep stop loss.
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GreenCrypto
WOO/USDT - Will it bounce after consolidation❓BINANCE:WOOUSDT had significant correction since the last pump which reached up to 0.52 price level. Since WOO has a decent correction, it is currently consolidating around the 0.337 area and getting good accumulation before the reversal.
We can expect the price to bounce back after the consolidation or go into further correction upto 0.24.
If the price bounces back then our entry is around 0.35 with SL at 0.31 and Targets are 0.37, 0.39, 0.42 and 0.47
If WOO continues the downtrend then we can enter a SHORT trade around 0.31 with SL at 0.34 with Targets around 0.29, 0.28, 0.26 and 0.24.
Cheers!
GreenCrypto
DYDXUSDT = Forming a triangle patternAs you can see in the image BINANCE:DYDXUSDT is currently forming the triangle pattern. in the next few days we can see the triangle pattern forming.
The triangle formation is between the strong support and resistance. Support is around 2.5$ and resistance is around 2.8$.
Most likely the triangle pattern break will be towards the resistance and we can see some nice bullish moment, however we ned to wait till the breakout to be sure.
We will update the chart when the triangle formation completes and breakout is confirmed.
Cheers!
GreenCrypto
BINANCE:COTIUSDT - Perfect entry for long trade---------------------------------------------------------------
Description
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+ COTIUSDT broke out of the triangle and forming a new higher high and has a potential to reach next resistance
+ LONG trade entry can be done now or we can wait for the correction.
+ Stoploss long compared to our other trade but its need to prevent any SL hits due to wicks
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VectorAlgo Trade Details
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Entry Price: 0.06381
Stop Loss: 0.05851
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Targets 1:0.06654
Targets 2:0.06962
Targets 3: 0.07846
------------------------------
Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Agree or Disagree with the ideas ? lets discuss in the comments.
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Regards
VectorAlgo
RSR/USDT: Flag pattern breakoutAs we can see in the chart, RSR had a clear breakout after forming the flag pattern. This is a clear sign of bullish moment. As the overall market is currently bullish is another plus point for the RSR bullish moment. We can expect this bullish moment to continue and reach our LONG trade targets.
We are planning to enter trade at 0.003022 - to 0.002982 with our eye on the first target around the resistance range of 0.003129
Entry Price: 0.003022 - to 0.002982
Stoploss: 0.002875
TP1: 0.003129
TP2: 0.003222
TP3: 0.003374
TP4: 0.003595
Don't forget to keep the stoploss.
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Cheers
GreenCrypto
SOLUSDT - SOL is not gonna see $100 soon$BINANCE: (4H CHART) Technical Analysis Update
SOLUSDT is currently trading at $95.5 and showing overall bearish sentiment
With the recently news about SOL being down for few hours added more bearish sentiment to it.
We can expect the trend reversal so the SOL to continue and reach the next support line around $80
We can enter the trade when the support line is broken around 93.4
Long Entry level: $ >93.4
Stop loss: Above $102
Target 1: $ 90.7
Target 2: $ 87.18
Target 3: $ 84
Target 4: $ 80
Max Leverage: 3x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
AVAXUSDT - Ascending Triangle, waiting to breakout#AVAXUSDT (4H CHART) Technical Analysis Update
AVAXUSDT is forming ascending triangle pattern and it's waiting to breakout the ascending triangle.
If the price momentum continues in the similar manner, we can expect the breakout in next 2-3 days.
We have a strong resistance at 37$ level.
Long Entry level: $ 37.88
Stop loss: below $ 34.75
Target 1: $ 40
Target 2: $ 43.3
Target 3: $ 46.8
Target 4: $ 50
Max Leverage: 2x
ALWAYS KEEP STOP LOSS...
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FETUSDT - Heading towards the next resistance line ^BINANCE:FETUSDT (4H CHART) Technical Analysis Update
FETUSDT is currently trading at $0.5686 and currently bouncing back from from support around 0.5358 and we expect it to hit the next resistance at around 0.6400.
Long Entry level: $ 0.5668
Stop loss: below $ 0.5206
Target 1: $0.5993
Target 2: $ 0.6400
Target 3: $ 0.7000
Max Leverage: 5x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
KEYUSDT - Rejection is imminentBINANCE:KEYUSDT (4H CHART) Technical Analysis Update
TOKEN is currently trading at $0.005283 and got reject from the resistance line and kind forming the triangle pattern (Yet to fully form the triangle)
We can enter a short trade here and exit at the next support level around 0.04600
Long Entry level: $ Around 0.005151
Stop loss: below $ 0.005405
Target 1: $ 0.005037
Target 2: $ 0.004872
Target 3: $ 0.004584
Max Leverage: 2x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
DOTUSDT - Bearish channel is dragging DOT down 🔽BINANCE:DOTUSDT (4H CHART) Technical Analysis Update
TOKEN is currently trading at $6.99 and It got rejected from the bearish channel resistance 4 times (two times in 1 week ). Overrall rend is showing bearish and we can expect the price to reach its next support around 6.6 and major support around 5.9
NOTE: This is a high risk trade, enter with smaller capital than usual
Long Entry level: $ 6.99 - 7.05
Stop loss: above 7.332
Target 1: $ 6.6
Target 2: $ 6.27
Target 3: $ 5.9
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto
ROSE | A potential upside and clear long entry As you can see from the chart, rose had a V shaped recovery and currently looking at the correction toward the next support.
next support is at 0.10436. we can expect the price to hit this range and bounce back.
You can enter a long position now and average the entry at 0.10436.
Entry Price: 0.10676 - 0.10436
StopLoss: 0.09496
TP1: 0. 11146
TP2: 0.11786
TP3: 0.12937
TP4: 0.14493
Always keep stoploss.
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Cheers
GreenCrypto
INJUSDT - Opportunity during triangle formation and breakout#INJUSDT (4H CHART) Technical Analysis Update
INJ is currently trading at 34.42 and showing a triangle formation pattern. Currently it's bouncing back from the support level, we can expect the price to reach the next resistance of the triangle at around 37.5, you can exit the trade if you are looking for scalp trade.
We can expect some correct after hitting the 37.5 level and then bounce back to break the triangle.
Second resistance is at 39$ range and 3rd resistance is at 44$
Long Entry level: $ 33 - 34
Stop loss: below $ 31
Target 1: $ 37.5
Target 2: $ 39
Target 3: $ 44
Max Leverage: 5x
ALWAYS KEEP STOP LOSS.
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NEAR: UP or DOWN ?
Near had a significant price correction recently and currently it is trying to establish it support level
We can expect this price uncertainty to continue for a while as shown in the above chart.
With the current bullish market sentiment we can expect NEAR price to bounce back.
Im expecting price to move up once it settles in the support zone.
We will keep you posted about our trade entries. Stay tuned
Like and share your thoughts in the comments.
Cheers!
GreenCrypto
WLD/USDT: Wild trade for WorldCoinWLD is about to breakout from one of its strong resistance line. This breakout will fuel sudden surge in the price for WLC.
We can also see multiple LH (lower highs) and forming the strong support level for BINANCE:WLDUSDT
Entry Price: 2.6
Stoploss: 2.483
TP1: 2.785
TP2: 3.00
TP3: 3.127
TP4: 3.278
We will update this post when we enter the trade. Stay tuned for breakout confirmation.
Like and share your thoughts in the comments
Cheers
GreenCrypto
TRB/USDT: Perfect Entry is around the corner 🍀After BINANCE:TRBUSDT crashing around 50% within a week, we can see a slow consolidation with signs of recovering the price.
If we look at the patterns we can see a strong consolidation with strong resistance pushing the price back.
I think TRB has a good potential to reach 140$ again if we get a strong breakout of the price.
In the coming days we can see price getting rejected again at the resistance and i'm expecting the price to breakout successfully after few rejections.
We can enter a LONG trade after the succesful breakout.
We will update this ideas when we enter the trade.
Stay tuned for more updates. Like and share your thoughts in the comments. Your contribution is much appreciated.
Cheers!
GreenCrypto
OP/USDT: Waiting for breakoutBINANCE:OPUSDT has broken out of its major resistance and is currently waiting for another resistance breakout. We can expect this breakout to happen within the next 2-6 days. 📈 This breakout is crucial for our LONG trade entry.
Our trade setup is planned for a LONG entry after a confirmed breakout.
Entry Price: 2.0 - 2.1
StopLoss: 1.7
Target Prices:
TP1: 2.25
TP2: 2.5
TP3: 2.8
TP4: 3.2
Wait for our confirmation before entering the trade. Please like and share your thoughts in the comments. It keeps us motivated to share more trade ideas.
Cheers,
GreenCrypto 🌿🌿🌿
Harmonic Patterns in Trading: A simple introductionIntroduction
In the world of trading, we often hear about harmonic patterns. These are very special tools in the trader's toolkit. They are complex but very important. In this article, we look into these patterns, how traders use them, and why they are crucial.
Understanding Harmonic Patterns
Harmonic patterns are part of technical analysis in trading. They come from Fibonacci numbers and show potential future price movements. These patterns are not random; they are specific geometric shapes in the markets. Some well-known patterns are Gartley, Bat, Butterfly, Crab, and Shark. Each pattern is unique and uses Fibonacci in a different way.
Top Harmonic Patterns
Gartley Pattern: This is a very famous pattern. It looks like an 'M' or 'W' shape. It helps traders to find good points for buying or selling.
Bat Pattern: This pattern is similar to Gartley but with different Fibonacci measurements. It's known for its high accuracy in predicting market reversals.
Butterfly Pattern: This pattern indicates a strong reversal. It's like Gartley and Bat but has a longer 'wing'.
Crab Pattern: Known for its extreme accuracy, the Crab pattern offers precise entry and exit points.
Shark Pattern: This is a newer pattern. It helps to identify very sharp and sudden changes in the market.
Fibonacci and Markets: A Symbiotic Relationship
Fibonacci sequence is a series of numbers important in many areas, including markets. Traders use these numbers to predict where the market might go.
Importance of Harmonic Patterns in Trading
Predicting Markets: These patterns help traders to guess future market movements, unlike other tools that only analyze past data.
Strategic Trading: They offer clear points for entering and exiting trades, which helps in planning.
Versatility: Useful in various markets like forex, stocks, and cryptocurrencies.
Risk Management: They provide structured ways to manage trading risks.
Complementing Strategies: Harmonic patterns can be combined with other market analysis methods for stronger trading strategies.
Learning Curve
Understanding harmonic patterns requires time and market knowledge. But they offer a clear insight into market behavior, which is very valuable for traders.
Challenges
Using harmonic patterns can be tricky. They need correct identification, and market volatility can sometimes affect their accuracy. So, traders need to be adaptable.
Conclusion
Harmonic patterns are a mix of mathematics and market understanding. They use Fibonacci to interpret market movements. For traders willing to learn, they offer deeper market insights. In trading, understanding these patterns can be a great advantage.
WING : High Potential to fly higherBINANCE:WINGUSDT EMA 100 is about cross the EMA 200, this is will be a fuelling point for WING.
Overall the price is trending upwards from last 2 months. a bullish EMA cross will be a huge upside.
We can expect the price to reach 20-30$ if the overal bullish market sentiment continued.
We are opening a position at 6-7$ dollar range and this will be a long term trade.
We will keep posted if anything changes. Stay tuned.
Cheers
GreenCrypto
ROSEUSDT High Potential Buy OpportunityROSEUSDT (1D Chart) Technical analysis
ROSEUSDT (1D Chart) Currently trading at $0.074
Buy level: Above $0.066
Stop loss: Below $0.049
TP1: $0.085
TP2: $0.115
TP3: $0.205
TP4: $0.33
Max Leverage 2x/Spot Market
Always keep Stop loss
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AAVEUSDT Good Buy!AAVEUSDT - Buy Setup!
AAVEUSDT (Weekly Chart) Technical analysis
AAVEUSDT (Weekly Chart) Currently trading at $83.4
Buy level: Above $80
Stop loss: Below $60
TP1: $94.00
TP2: $115
TP3: $170
TP4: $260
Max Leverage 2x or spot
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts (1D Chart) Technical analysis
ETH/USDT a calculated LONG tradeTaking a look at the chart, it's clear that ETH has made a successful bounce off the support and is now on its way to challenge a strong resistance. Given the current short-term bullish sentiment, there's a reasonable expectation that it will break through that resistance.
After the breakout, we may witness a minor retracement, as anticipated. This trade is a calculated one with a moderate level of risk, so be prepared if you decide to take the plunge.
Entry Price: Around 1577
StopLoss: About 1540
Target Price 1: 1600
Target Price 2: 1630
Target Price 3: 1660
Recommended Max Leverage: 5x (Don't go too wild! 🤑)
Oh, and don't forget to set that stop-loss! 🚨
Stay tuned for trade updates, and remember to give us a thumbs up and share our posts. It really keeps us pumped up! 😄