✴️ Dogecoin Strong Support Being ChallengedA very strong support level is being challenged on the Dogecoin chart and we have a way to look at this in a positive way... To make it good news.
We see a confluence of moving averages.
EMA10, EMA21, EMA50, EMA100 all within the 0.0797 to 0.0812 price range... Making this a very important level.
On 18-January we had an ugly looking, strong rejection, bearish candle.
This session closed below all the moving averages sending a bearish signal... The good news, the next day DOGEUSDT moved and close back above this level and today it is trading above it, green.
Trading above this level is important and good as it will open the door for the next bullish jump.
In the case that there is a drop, we still have MA200 at 0.0748 as the next support.
The bulls are ahead... Patience is key!
We should see positive results within just a few days... Not more.
Namaste.
Kucoin
✴️ Everscale | Another Inverted Hammer SignalThe inverted hammer (ihammer) candlestick pattern also came up on the Lisk (LSKUSDT) chart, it signals the bottom of a trend.
After the bottom is hit the trend changes which can lead to years of growth.
I am pointing it out because it is a solid signal and easy to spot.
To be valid it only needs to come out at support/low prices, at the bottom of a trend.
Notice the descending channel... That's the downtrend.
Then prices go flat and a hammer candlestick shows up with high volume.
The next candle/session we see prices moving above EMA10.
The RSI starts to raise... You can see the pattern.
Visit the Lisk trade idea so you can use it as comparison.
I hope you find this useful... Thanks for the support.
Namaste.
Kucoin Special | KCSKucoin has been a pretty solid exchange, their API is fast and responsive with no real downtime or crashing issues unlike some of those other guys (ahem . . Freebase . . I mean Coinbreaks, etc.)
Their native token KCS is a beauty. I had a previous idea posted for it but it's not showing in my ideas stream for some reason. I tend to use charting tools in unorthodox ways but I make them work for the sake of profitability. My previous featured this larger pitchfork and I'd set my 3rd point on a purely theoretical / eyeball basis. Turned out to be spot on.
If you follow any of my ideas then you know I pretty much just rely on Fibonacci, Pitchforks, Harmonics, Trendlines, 50/200 EMA's and Volume for my forecasting. The rest is literally eyeball, some light fundamentals which both lead AND lag price actions and then the last bit is intuition and having seen enough to know the good/bad when it comes to price direction.
I'm not 100%, most people aren't but I do well enough to outperform the masses and even of you're 51% right, you're still making good trades.
Enjoy!
* * * Not Investment Advice * * *
Box
✴️ Polygon Hits Perfectly First Resistance, Next Target Mapped It is hard to belief we haven't revisit Polygon since December 20... Yet it is my pleasure to share a new update for you but first, the previous trade idea to know where we are at:
✴️ Polygon Has Bullish Potential | Can Grow 100%+
Our resistance was hit perfectly and all the indicators are flashing green.
The RSI is trending up strong.
Before making the mistake to think that it will become overbought just zoom out and look at the weekly timeframe... Things are only getting started.
Always do this, when you see the daily timeframe looking over-extended, before reaching any conclusions first zoom out and you might get a new perspective.
Weekly MATICUSDT is moving above EMA50.
Closing and staying above this level is a very strong bullish signal.
Now, we are trading within higher low territory as we already know we can now aim/look forward to the next high.
There are many ways to extract targets/resistance levels but Fib. is our preferred tool.
This is giving us a potential target at $1.65 for 66%.
Very convincing...
It all looks really good but...
Remember, things can always change.
So we prepare for both scenarios, always.
What to do is prices go up, how much to sell and when to sell...
What to do if the chart changes and moves the other way... It is wise to prepare before-hand.
Nothing to lose, much to gain.
Namaste.
BTC Bull Run 0.83-3.36% 01 12 2023If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
This strategy is also used Live by Green Lion Capital Social Trading on Zignaly.
As stated in my previous analysis, I emphasized my bullish sentiment and went even further to indicate the potential oversold level. The market played nicely into this prediction. The market is currently in a space where institutions/whales might leverage the fatigues that have built up in anticipation of a bullish BTC run and use this as an opportunity to get more volume into the market before they take profit and thus prompt a reversal to find an all-time low for 2022/2023. Unfortunately, a lot of leverage positions will be liquidated as a result of this move.
For the current play, we oversold at $18,890. There are three potential take-profit points outlined below. As of this moment, I'm bearish.
Do we still have room to revisit this level before finding an all-time low for 2022/2023? Absolutely!
*** Disclaimer: a second non-public chart layout was used to officially confirm this oversold point.
Safe points to take profit:
T1: 0.83%
T2: 1.17%
T3: 3.36%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
✴️ NEAR Protocol | BULLS ConfirmedNEAR started the year challenging EMA50... The first time being 5th January.
NEARUSDT fought with this resistance for a few days until yesterday, 11-Jan., when the bullish bias was confirmed through a full green candle... when this level was conquered.
Oh wait... This is was supposed to be an update to this previous trade idea, see below:
We already predicted that NEAR Protocol hit bottom... No surprise now it goes up; More to come!
Patience is key.
Namaste.
✴️ Litecoin | BULLS ConfirmedToday's Litecoin hits a new high and recently posted the highest daily close since May 2022.
Extreme bullishness is the only way to define this chart as Litecoin is now trading above EMA300.
Litecoin bulls confirms the bullish bias across the entire cryptocurrency market.
Expect Cardano to continue rising.
Expect XRP to grow strong.
Dogecoin, Shiba, Ethereum, Bitcoin and all the altcoins as well.
Next target $98, then $113, $130 and finally $190.
Namaste.
JasmyCoin Chart AnalysisThe thing about the altcoins vs USD/USDT is that most of them move just like Bitcoin and this is the case with JasmyCoin (JASMYUSDT).
I am doing this analysis on the request of @Jay3000, a precious follower of ours.
So, the chart is the same as Bitcoin.
Peak/All-Time High in November 2021 followed by a major downtrend.
Lower low with lower highs.
There is just one question possible here, is the downtrend over?
Is the bear market over?
Impossible to figure out from the chart.
We only know after the bottom is in.
We can only know when the bottom is in/confirmed when the downtrend is broken.
As long as the downtrend remains active, our bias remains with the trend.
We can expect lower prices until the downtrend ends.
What to expect?
It is likely we see another major drop as the bear market climax or the bottom can... This is just guessing ...
Here is what the chart says:
- Above $0.0065, the bulls can move ahead.
- Any trading below this level and the bear market hasn't end.
I hope that helps.
Namaste.
✴️ JasmyCoin Update by Request (350% Profits Potential)I see your interest in this altcoin pair and acknowledge it, so here is the update as requested.
We look at the chart fresh/new, even though the last trade idea was good.
We have the major downtrend taking place for JasmyCoin (JASMYUSDT) since November 2021, here we are looking at it since March 2022.
Since March 2022 a long-term bullish divergence has been building up on the RSI.
A stronger bullish divergence came in again from October 2022 vs the current December 2022 low.
JASMYUSDT hit a strong lower low between these two dates while the RSI hit a strong higher low.
So the yellow cup on the chart is the 'liquidity hunt'/stop-loss hunt move by the market.
A new low is hit but prices quickly recover and this is marked with a bullish divergence on the RSI, which confirms that JasmyCoin is not due to go lower but instead the market was looking for needed liquidity.
Now that this has been taken care of, the trend can change... Or so the signals are saying.
We have a very strong RSI at 60.
A strong RSI near support/low prices is a heavy signal, it is worth a lot.
JASMYUSDT is also now trading above EMA50, another very strong signal.
And the major down-trendline here marked as a falling wedge pattern has also been broken.
All this opens the door to higher prices.
Knowing this, reading these signals one would be tempted to take action.
Here is how a professional or experienced trader would go about using this information:
1) Buy with a bullish bias (anticipating prices will grow).
The targets are on the chart, if it grows then sell according to his/her own system/strategy.
2) Control risk/define risk.
A short-term stop-loss can be used around 0.00335.
(If prices move and close below this level, close the trade).
A stronger stop-loss can be used around 0.00273.
(If prices move and close below this level, close the trade).
This experienced trader did the job.
He bought with the right signals and defined his risk in case things go wrong.
If there is a bullish follow up, then we are green and the rest is to enjoy the ride on the way up.
This is not financial advise.
I am sharing my experience, views and opinion.. Initial, I was just reading the chart.
Thank you for your continued support.
Namaste.
1EARTHUSDT - KUCOIN1EARTHUSDT (4H Chart):
Currently trading at $0.00547454
Buy level: Above $0.00526764
Stop loss: Below $0.00469950
TP1: $0.00571537
TP2: $0.00640653
TP3: $0.00696500
TP4: $0.00754135
Always keep Stop loss
HIODBSUSDT (1D Chart)HIODBSUSDT (1D Chart) Currently trading at $0.003804
Buy level: Above $0.003705
Stop loss: Below $0.0034050
TP1: $0.004878
TP2: $0.006388
TP3: $0.008019
TP4: $0.009355
tp5: $0.010705
Always keep Stop loss
✴️ NEAR Protocol Hits Bottom | Volume Analysis (211% Potential)We will now entertain ourselves with a different type of signal...
Normally we look at the RSI, EMA50, Candlesticks and what not; Let's make it a little bit different this time.
NEAR Protocol (NEARUSDT) dropped by 94.42% from its All-Time High (-94%).
How do I know if this is the bottom?
The peak was hit in late 2021, afterward we have the bear cycle/bear market/correction phase.
- As this phase approaches volume increase, it is still strong (1st wave).
- As this phase intensifies, volume reaches its highest level (3rd wave).
- As this phase reaches its end (bottom), volume goes lower (5th wave).
New lows being hit as volume decreases signals that the trend is coming to an end.
Since we have above average volume in the last three days as NEARUSDT breaks above EMA10... These signals are telling us that things are about to change.
How was it?
Very simple...
Simple is awesome...
Simple is jus great!
Thank you for reading.
Namaste.
BTC Bearish 0.56 to 1.79% 01 04 2023If you love the spot-on analysis done so far, please boost, share, comment, and follow for more. Strategy currently in use by Green Lion Capital Social Trading on Zignaly.
This overbought point was determined using a private chart strategy. This chart was simply used to identify reasonable entry and exit zones. At the moment, BTC has become temporarily overbought at an average price of $16,905. Kindly note that I still have a bullish sentiment because of the BTC drive to retest 18k. There are four levels for potential take profit, but one of the first three take profit levels is more likely to act as the oversold point.
Safe points to take profit:
T1: 0.56%
T2: 0.71%
T3: 1.15%
T4: 1.79
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
✴️ Ethereum 2023 Bulls Awakens...What's better to start the year other than seeing our favorite cryptocurrency pairs going green?
Just as we saw with bitcoin (see 'Related Ideas' below), we have higher lows since November 2022... Meaning, a long time of consolidation.
We saw a major drop in November yet the bear volume remained really low.
The volume is still super low now indicating that the bearish trend is losing strength.
Now, prices for ETHUSDT starts to climb above EMA10 and EMA21... Switching the short-term potential from the bears (red) to the bulls (green).
We are still tracking our trade for late November with 8X...
It will play in full, it takes time, patience is key...
✴️ Ethereum Goes Bullish (555%+ Potential 8X Lev.) | 23-November-2022
Namaste!
BTC Bull Run 0.43-2.1% 12 30 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
This strategy is also used Live by Green Lion Capital Social Trading on Zignaly.
Happy New Year!!!
In accordance with the previous bear run analysis, BTC is currently oversold and prime for a short bull run, sideways movement and a final attempt to kiss $18k before we start the journey to the new all-time low. BTC became oversold at around $16,520. The entry zone is marked on the chart. We confirmed oversold using the 3 min and 5 min charts. Below is an outline of potential TP points.
*** Disclaimer: a second non-public chart layout was used to officially confirm this oversold point.
Safe points to take profit:
T1: 0.43%
T2: 1.24%
T3: 2.1%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
KCS - Wait For The Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on Weekly: Left Chart
KCS is overall bearish trading inside our brown wedge pattern and it is currently approaching the lower brown trendline.
Moreover, KCS is still sitting around a strong support zone and round number 5.0 so we will be looking for buy setups on lower timeframes.
As per my trading style:
I will be looking for reversal setups (like a double bottom pattern, trendline break , and so on...)
Unless the 5.0 support is broken, then a movement till the 2.5 support would be expected where we will be looking for new buy setups.
on H4: Right Chart
For now, for the bulls to take over from a short-term perspective, we need a break above the last major high in orange.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$RBP Pumping soonI see a bullish pattern with positive divergence, just buy & hodl. It can go 2x.
Send it to the moon
✳️ Helium vs Bitcoin | Additional InformationWe can gain additional information by looking at Helium vs Bitcoin (HNTBTC).
Please read ✴️ Helium | Altcoins Relief Rally Possibility Explained! before reading this article...
Ok, let's get started.
There is a strong bullish divergence on the RSI and the daily trading volume is really high.
HNTBTC is trading above EMA10 and EMA21, both gauge the short-term potential of a trading pair.
Above these levels we are bullish short-term.
Of course, this signal is only valid upon confirmation.
Confirmation comes when the daily candle (this session) closes above these levels.
Prices can drop and then the day closes below and thus the signal is invalidated.
Always look for confirmation for stronger signals.
So far we have a solid breakout.
We can wait for confirmation but we have been expecting a relief rally ever since the last rate hike by the Feds.
We were also expecting the market to turns based on the Jupiter signal... Remember? | See below!
🅱️ 🪐 Bitcoins Connection To The Stars, Do You Believe In Miracles?
Thank you for reading.
Namaste.