Get started

Long-short

GBPAUD BUY BIASWeekly: Bearish, Rejection from major weekly resistance 198.550, Failed retest of Head and shoulders pattern price closed above the right shoulder, recently mitigated ob 1.98550, Made a Double bottom pattern at daily supply zone 1.86550, Unmitigated ob at 1.87625, Bearish rejection candle at daily resistance 1.94750, Bullish choch Daily: Consolidation, Inverse Head and shoulders, 2 bar rejection at major resistance 1.94750, Has not retested major support 190.325 after break, Bullish choch, Double bottom pattern, Retested resistance 1.93250 4hr: Consolidation, In a minor uptrend after making a rejection can of the bottom 4hr zone, Break of bearish trendline to the upside, Has not retested .618 of fakeout that resulted to a downward movement, rejection of the 4hr resistance 1.93275. 1hr: Bullish, Liquidity is located above the 4hr resistance of 1.93275, Price is respecting a bullish trendline, Unmitigated 1hr ob, Price faded out and reversed after reaching bottom 4hr zone. 15m: Bullish, Bullish structure is being formed, Failed to make a higherhigh at 4hr resistance 1.93275, Ascending triangle pattern I believe price is going to retest the 1hr ob fake out the market and continue the upward movement towards the Top 4hr zone to grab liquidity and retest the .618 level if its able to break 1.93275.
Long
by PipEater1
RLC - An Unconventional Trade Opportunity - For Brave-hearted #RLCUSDT Analysis Description --------------------------------------------------------------- + RLC is presently consolidating near the resistance zone, displaying a consolidation pattern akin to its previous two consolidations. + Although this pattern may seem unconventional for trading, I maintain optimism regarding RLC's potential to adhere to this pattern and progress towards the next target. + Should this pattern persist, I intend to enter a long trade with a target set around 5.762. + Consider following this trade if you're willing to assume some risk in pursuit of substantial profits. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 3.870 Stop Loss: 3.383 ------------------------------ Target 1: 4.191 Target 2: 4.490 Target 3: 4.996 Target 4: 5.762 ------------------------------ Timeframe: 1D Capital: 1-2% of trading capital Leverage: 5-15x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
SOL/USDT - Jumping from the Bowl - SOL had a nice cup patter and showing overall bullish sentiment. - If SOL manages to break its Previous Resistance level then its an easy run for SOL to reach new highs - Currently price is around the support zone and this consolidation is expected to continue for couple of days - Once this consolidation is over we can expect the price to bounce up, if the price breaks the support zone then we are looking at bearish trend for SOL. - lets hope SOL breaks its resistance level and reaches new Highs. Regards VectorAlgo
Long
by VectorAlgo
7
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
by GreenCryptoTrades
Gbpusd Buy Gbpusd made a double bottom after a strong downtrend that left inefficacies in the market. if we look at most recent p.a we can see price broke previous internal equal highs and grabbed liquidity. price started retracing down after breaking 1.26090(where equal highs were located.) which was the last major high. it also created a choch ob that is still unmitigated. there is still a large amount of liquidity past 1.26090 an a unmitigated supply zone at 1.27730. i expected price to retrace to the 15m choch ob and to grab liquidity to fuel its upward movement.
Long
by PipEater1
3
29/01/24 Weekly outlookLast weeks high: $42827.56 Last weeks low: $40677.38 Midpoint: $38527.20 As the first month of 2024 nears its end BITCOIN finds itself back above 40K after spending half of lasts week below the big even level. There are 3 main FVG's I have my eye on: - At the previous weeks MIDPOINT level 40.5K (1H) - The drop from 49K has left a large FVG at 45.5K (4H) - The daily FVG at 33K (1D) Price tends to get pulled and pushed towards these areas of imbalance. HTF imbalances have the largest force of attraction so in this case the 33K daily FVG is the main target in my opinion, and there are many possible routes to this destination. As it stands BTC is above both 40.5K & 33K FVG's and ideally we would need to retest these areas before progressing towards ATH' s post halving which would also mean clearing the 45.5K FVG on the way back up. For me this is how I think it will play out however if BTC pushes towards 45.5K first I will also be prepared for this move. For this week I'm concentrating on how BTC regains its strength and if price were to reach the 45.5K FVG , I would think about taking any profits from the recent move should BTC look weak, as I have said that 33K area is calling out to be revisited in my opinion.
INDEX:BTCUSD
by ProR35
Halving Forecast Just a quick idea on the state of BTC going into the halving. The countdown to the next big BITCOIN event has started, THE HALVING Historically this is the event that kicks off the BULLRUN every 4 years. Mining rewards go from 6.25BTC to 3.125BTC and this gives miners a dilemma, do they hold on to their BTC they earn and only sell to cover costs, this diminishes the supply going into the market which raises prices assuming demand remains the same. Or if they do carry on selling their BTC it would be half the amount it was previously and still contributes less to the sells side pressure, raising prices. ETF issuers need these coins to offer to customers + retail investors returning to the market once FOMO enters the playing field. DEMAND UP SUPPLY DOWN As for now I could see a mirror of the ETF rally being a logical path towards the halving. Filling the FVG at 33k would be a great long term entry point for any investor/trader should it hold as support. Once price has wicked down into that area and there's a reaction off that level then the bulls should look to push price for that 3 weeks or so going into the halving and beyond towards ATH as there's not much stopping it and history suggests this is the way BTC behaves after this event every 4 years.
BITSTAMP:BTCUSD
by ProR35
1
SEI 4H outlookSEI is a project that I have a lot of interest in this bullrun. It boasts the fasted blockchain in the industry and a focus on trading. A v2 upgrade is also on the way, SEI v2 will become the first parallelized EVM blockchain. Staking incentives too with possible airdrops on the network. SEI's price has increased 250% in the last month and the chart suggests a HTF ascending triangle pattern. Currently the price has been sideways for the majority of the year so far, however, a breakout above the local high with acceptance above would certainly suggest SEI is going higher. This would also be price discovery and therefore uncharted territory for the project. I would then look to take profits using the Fibonacci levels that are shown as TP (take profit). The orange path line would be a continuation of current price action, the more chop we see then the rally might make some people nervous in the short term. I do believe the invalidation level is clear, if we fall below the ascending triangle and have acceptance under then price will search for a safer footing. I would suggest the FVG $0.35 would be the safest place to go long for a long term hold 12-18 months.
by ProR35
EURO - Price can correct to support line and make upward impulseHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price entered to upward pennant, it at once bounced from support line and rose to $1.0845 level. Soon, Euro broke this level, which coincided with support area, and rose to $1.1005 level, but at once made correction from it. After correction, Euro made a strong upward impulse to resistance line of pennant, thereby breaking $1.1005 level. But soon, price bounced from this line and in a short time declined lower this level, breaking it one more time. Then EUR rose to resistance line, after which bounced down to support level, but recently it rose back to this line. Possibly Euro can decline to support line and then make upward impulse to $1.0970, thereby exiting from pennant. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1
22/01/24 Weekly outlookLast weeks high: $43584.42 Last weeks low: $41935.80 Midpoint: $40287.19 With the BTC sell off underway post ETF approval, we start the week hovering just under the previous weeks low of 41.5k. This area is the key S/R zone in my opinion and for now it looks like BTC bulls are struggling to reclaim that level. I previously stated in the last weeks outlook that there is a strong magnet pulling price towards the 33K area FVG . To reach that area and react positively off the level would be very bullish and should begin the next leg up towards 50K+ going into the run up for THE HALVING . For now BTC bleeding is causing the altcoin market to do the same, however as normal altcoins do tend to bleed against BTC as well for example SOL is now sub $90 and falling, good opportunities will present themselves in the coming days/weeks for the next leg up in the Bullrun but patience is key. In conclusion the ETF news was a sell the news event, Blackrock and others are scooping up large sums of BTC at discounted rates as market makers push the prices lower. That in turn drags altcoin prices down with it and now it seems we're heading towards the 30K's . My final target would be ~33K before looking towards becoming bullish again. I will rethink that plan if BTC was able to reclaim 41.5K with strength. Short term bearish long term bullish
INDEX:BTCUSD
by ProR35
2
Euro can decline a little more and then make impulse upHello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago reached the buyer zone, which coincided with the support level, and a short time later EUR broke this level and rose a little higher. But then, the price turned around and fell to the support line, which is located inside the buyer zone. Next, the price rebounded from the support line and started to rise. Euro rose to 1.0750 points, after which it made a small correction. Then price continued to move up and later reached the resistance level and even entered to seller zone, but at once bounced and declined to the support line, making a fake breakout of the 1.1000 resistance level. After this movement, the Euro rebounded from the support line and rose back to this level, making a little correction, after which made an upward impulse to the resistance line, breaking the resistance level. But a not long time ago Euro rebounded from this line and in a short time declined to support line, breaking the 1.1000 level one more time. Also soon, the price broke the support line and now EUR trades near. Possibly, the Euro can fall a little more, after which the price turns around and can start to rise to the 1.1000 resistance level. So, that's why I set my target at this level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
1
EURO - Price can decline a little more and then start to riseHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊 When price entered to rising channel, it first declined to support line and then at once bounced up to $1.0725 level. Then EUR broke it, but at once made correction below, after which broke this level again and continued to move up. Next, price reached resistance level, which coincided with resistance zone, but at once Euro made correction. After this, price made strong impulse higher than $1.1010 level, and soon it declined back to support line, making fake breakout. Also recently, EUR broke support line, thereby exiting from rising channel, and now price trades below this line. In my mind, Euro can decline a little more, and then it start to move up to $1.1010 resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
2
RIPPLE - Price can bounce up from support level to $0.5850Hi guys, this is my overview for XRPUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to falling channel, where it reached $0.5935 resistance level, which coincided with resistance zone. Then price bounced and in a short time declined lower than $0.5600 support level, and later it declined to support line. Ripple bounced from this line and made strong upward impulse to resistance line, making fake breakout and exiting from channel. Also, price broke $0.5600 level and $0.5935 too, but a not long time ago it bounced of resistance line and declined below this level. XTP fell to support zone, and recently price bounced up, and now it trades near support level. Possibly, Ripple can bounce up from this level to $0.5850, thereby breaking resistance line. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon