Oasis Network Breakout OpportunityThis crypto has broken out with good volumes and could Retest in daily candlestick chart, and may rally further.
It is a small cap and the markets are showing signs of weakness. so this trade is of high risk and due caution is advised.
A good point of entry would be around 0.32 USDT, which is the point of retest in Fibonacci levels and previously higher trendline.
Risk Reward Ratio - 2:1
SL placed below major support and below trendline.
Hodl
SOLANA - 300.0 See You Soon!Hello everyone, if you like the idea, do not forget to support with a like and follow.
SOL is overall bullish trading inside the blue rising broadening wedge and now sitting around the lower bound / blue trendline so we will be looking for trend-following buy setups on lower timeframes.
on H4: SOL formed a valid inverse head and shoulders pattern (in orange) but it is not ready to go yet.
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Knowing that SOL can also reject the red trendline to form a third swing around it before breaking the gray neckline.
Meanwhile, until the buy is activated, SOL would be overall bearish from a short-term perspective and can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
[WAVES/USD] Another WAVES up or WAVES down? [BTFD-VIP]Greetings members and guests PLEASE hit the Thumbs Up button on the right to show some support and love ------------------------->>>>>> ^^^^^^^^ <<<<<
Comments and questions are welcomed below, please feel free to ASK anything!
HOW TO TRADE THIS CHART?
First like/thumbs up the chart then read below.....
We have been watching and trading WAVES in the VIP group in the last weeks and has been vastly profitable due to its adoption and ability to access the dex from iPhones and androids phones.
Its certainly a viable alternative to ETH and other coins and would like to see it do well, i can see WAVES above $100 in next 2-5 years so getting a few K could be a very smart move, the smartest move was when under $1 but if it can come back down to the $2.5 area i would be happy to fill me bags aiming for $4.6 for the first target, $6.7 for the second and thirdly $7.8 and higher!
it may not come down so low as currently its on support from a regressed trend line from the previous channel, aggressively we could enter from around here (low $3.2 area) if looking for the long to mid term hodl, this seems pretty safe...
IF WAVES breaks this trend support we could see it fall to low $2 area
disclaimer: this is for entertainment purposes only and not be considered trade advice
could it be?...the analysis is self-explanatory, we can see the price has broken resistance and tested it as new support, and that same area happens to be in line with the 38% fib retracement, if the price manages to hold this position on a weekly candle close then I believe we could see a higher ETH possible reaching 6000+...
Bitcoin Continues to Slide, What are the Next Targets??Bitcoin has continued to slide, cutting through support levels to the mid $50K's. We identified several support levels from below $60K, and we are finding support at these exact levels. In particular, $55.7K appears to be providing good support at the moment, however the Kovach OBV is still quite bearish. Targets below include $54.3K and $52.8K. We are starting to look quite oversold, so anticipate a relief rally, even if it is but a retracement into the bear trend. If we see such a rally, $60K might be a good target, and will now provide resistance, where we once saw support.
BitcoinI know what you're thinking, Natalie it's never going to happen.
But
Haven't we been doing this long enough to say it CAN'T happen?
Remember the good ole days when we used to talk about how uncorrupted bitcoin is? How it was the currency of the future?
We now have sponsorships the Arena, sports clothing, it's in the banks, a Nation has adopted it as currency.
So by now it's corrupted just enough to treat like the other markets we have, forex, stocks, housing.
I can make a case for bitcoin to go in either direction, and a small part of me feels like it could still see 600 in a flash crash, because gaps fill, wicks fill eventually.
If we do drop, that just provides a better buying opportunity for us.
I'm interested in hearing about your idea, what do you feel will happen?
I did do this on the monthly but I have no time frame for how everything would play out, it's just how I see it happening.
Bitcoin Finds Support at $60KBitcoin has leveled off at support at $59.8K. It appears to be establishing value at lower levels in the $60K handle. We are forming a relatively tight range between $59.8K and $61.6K. The Kovach OBV is completely flat, and we will need to see more momentum come through either way before we make a move. The longer volatility consolidates, the higher the probability of a breakout. We are seeing many green triangles on the KRI from below suggesting strong support. If we break down, we should have further support from $57.7K, $56.8K, and $55.7K.
STMX Double DoritoSTMX held it's support trendline while BTC dumped. I can't call anything more bullish than that. When you look at the chart you can draw 2 symmetrical triangles, that can break out in both ways. Breaking out on the upside is more likely imo. Expect a big move before December 15.
STMX Double DoritoSTMX held it's support trendline while BTC dumped. I can't call anything more bullish than that. When you look at the chart you can draw 2 symmetrical triangles, that can break out in both ways. Breaking out on the upside is more likely imo. Expect a big move before December 15.
Two Reasons Why Bitcoin May RallyBitcoin has pressed lower, but is finding strong support just below $60K. We are seeing quite a bit of support around $59.4K, confirmed by a cluster of green triangles on the KRI around this level. We are starting to see quite a bit of volatility here, which likely suggests that bull momentum is soon to return. If so, the next targets are $61.6K, $62.4K, and $64.3K. If the bear momentum continues, then we will have further support from $57.7K, $56.8K, and $55.7K. The Kovach OBV was pretty bearish, but has turned up sharply providing a second long signal in addition to the KRI.
Two Ways to Trade the Bitcoin Meltdown!!Bitcoin has melted down as looming US regulation and a China crackdown weigh in on the price. We have breached the $60K handle, but found strong support from $59.4K. Readers should be very familiar, and we hope you were prepared. The Kovach OBV has turned sharply bearish, but is starting to look oversold, indicating that this could be a good place to buy back. Just watch to see how the price action deals with these lower levels. We could form a bear wedge from here, before dumping lower. If that is the case, then we should see continued support at $57.7K, $56.8K, and finally at $55.7K. If we do find support at current levels, then $61.6K is the next target.
FTM - Trio Retest!Hello Trading Family, FTM is approaching an interesting area. What I call "TRIO RETEST"
Here is why => The Highlighted Purple Circle is the intersection of Three key rejection levels/zones.
Retest 1: Brown Trendline
Gold is overall bullish and currently testing the brown trendline which acts as non-horizontal support.
Retest 2: Lower Red Trendline
The lower red trendline is the lower bound of the channel which I consider as an oversold area.
Retest 3: Green Support - 1.9-2.0
The green level is a previous resistance turned into support
As per my trading style/plan:
I will zoom in to lower timeframes and look for bullish reversal setups (like a double bottom, trendline break, and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck
All Strategies Are Good; If Managed Properly!
~Rich
HODL SAITAMA WOLF PACK!!After the Las Vegas Event some investors were expecting more details about upcoming projects and looking forward to the release of Saitamask. Unfortunately the event did not live up to the expectations of many investors however the future for Saitama still looks bright . The utility, tokenomics and community of this project is second to none. There will be several major exchange listings revealed in the incoming weeks. the community now has over 236K account holders, the Saitamask app will be going live in a couple weeks, new partnerships are still to be announced, and we havent even finished this year! I hope this information is helpful and I wish you all the best!
Bitcoin Finds Support. Can it Breakout??Bitcoin has recovered from a sharp dip from highs. We got smacked down from $66.8K to test the lower $60K handle, finally finding support at $62.4K, confirmed by a green triangle on the KRI. we are currently facing some resistance at $66.3K, as confirmed by two red triangles on the KRI. The Kovach OBV is pretty flat, so we anticipate further ranging in the $60K's. From above, the next target is the high at $66.8K, from below we have $64.3K and $62.4K to provide further support.
ETH - Bulls Taking Over Soon?Hello TradingView Family, this is Richard, if you like the idea, do not forget to support with a like and / or comment.
ETH is now in a correction phase / short-term bearish trend - after rejecting the upper orange trendline and breaking below the last low.
The bears are in control for now since ETH is making Lower Lows. However, they seem to be exhausted as ETH is failing to make lower lows.
Even though the bears are getting weaker, we can't say that the bulls took over, not yet.
For the bulls to take over again for a shift in momentum from bearish to bullish, we need a break above the last High marked in gray.
We have got two possible scenarios, either breaking above the upper gray area / current high, or forming a new swing high (lower gray area) then breaking it upward.
Meanwhile, and until the bulls break above the last high, ETH would be overall bearish and can still dive inside the support till 4450 or even break it downward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH - Trend-Following Setup!Ethereum rejected the upper orange trendline ... WHAT NEXT?
ETH is still overall bullish trading inside our orange channel, we will be looking for Trend-Following Buy setups as it is approaching the lower bound / orange trendline.
Moreover, the area 4450-4500 is a "Resistance turned into Support".
So this area is very strong as it is the intersection of the green support and lower orange trendline.
As per my trading style:
I will be waiting for the bulls to take over again by breaking above the gray channel to buy.
Unless of course, the bears manage to close below the blue support, then the momentum would be shifted from bullish to bearish.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Same exact moves, but bigger and more volumeStill following the path of the previous rally to almost an eerie level of precision, aside from just more % movement. I remain very bullish on Shiba, even should this beautiful recursion falter. if it takes longer to grow then so be it, nothing in this world worth having comes easy, and my friends HODLing in the face of loss is no easy task. stay strong, make good trading choices that work for you.
Bitcoin Looking Weak 😨Bitcoin appeared to be finding support at $64.3K, but momentum has weakened once again. We are currently finding support just below this level, with some green triangles on the KRI serving as confirmation. But the price action is 'rounding off' which looks weak technically. The next level of support from below is $62.4K. This level and $61.6K should provide support, but these are the last two levels in the $60K handle. We do still anticipate Bitcoin to hold the $60K's, but if not, $59.4K is the next level if we break through to the $50K handle. If we catch a bit, $66.3K is the next target.
I'm still bullish on #BNB | #BNBUSDHello Padawans,
This is a quick review!
Do not take this as a piece of financial advice!
To happen this we need to hold the bellow support trend.
There are 2 bad things that can happen to BNB within the next 2 weeks.
1. BNB launchpad will end soon.
2. BTC will be able to break the support.
Let's see what will happen next.
Cheers!
May the force be with you.
LBFOAT (LARGEST BULL FLAG OF ALL TIME) NEARING COMPLETION.When in doubt, zoom out. Never ever in my life have I seen a more bullish monthly chart. AMC must test $38 one more time, possibly with the most volume we have ever seen, really depends on how much liquidity hedge funds still have. An artificial intelligence-based portfolio that outperforms the S&P with no human input just today sold Facebook and Wal-Mart and went long on AMC. Must I say more? AI is the future. Patience fellow apes. Only a waiting game. HODL. 8. 01 . NOT FINANCIAL ADVICE.