Longposition
LMB - Correction Done - BullishNASDAQ:LMB
- Been bullish for a while
- Showing support on a strong support level ~$40
- Down ~20% from all-time high
- Company doing well generally
- Take profit 1 ~$48
- Take profit 2 Open
- Stop loss below Dec 2023 low of ~$37
I'll be going only with the $48 as I am not looking for a long-term investment
*Not Financial Advice*
Long OSMOWith the last little funds of my public portfolio, I am longing OSMO here. All signs are go and my target is probably way too conservative tbh. But we'll go with it for now.
FT 2.20
Entry 1.66
SL 1.47
RRR 3/1
You can see we've exited a bullish triangle. Volume is on the underside offering great support along with that ascending channel. RSI is very reasonably positioned. Another accumulation phase appears to be wrapping up here.
FTMUSDT Long swing predictionFTM technical summary:
Monthly & Weekly (Strong BUY)
Daily & 4 Hours (Buy)
Volume:
Increasing on higher time frame
Potential 40-50% TP
Patience is required.
Not a trading advise. Just food for thoughts
Stock Market Logic Series #8The natural psychological expectation is that after a stock goes up,
it will continue to shoot up and go to the moon.
But the truth is, that most of the time, the above does NOT happen immediately.
WHY?
Put yourself in the shoes of the BIG SHARK, the Puppet master...
You want to buy the stock so you increase the price to lure people to sell to you.
When you reach this point of selling, you know this is a price people are willing to sell...
So what do you do?
You stop buying and start ABSORBING all the selling from the weak hands.
Not all weak hands are the same.
Some people will want to sell at the new high or resistance.
Some people will fear and want to sell at support.
But what truly matters, is that when the BIG SHARK discovered where the ACCUMULATION zone,
he has zero motivation to mark the price up further. And before the next run-up,
he will stop force buying and start to let others sell into him (whipsaw motion).
This is the WHY, price will not move further up IMMEDIATELY.
And you will usually see a flag pattern or a triangle pattern before the next run-up.
So always remember to keep in mind, that the LONG SIDE needs a RUNWAY before takeoff.
I am talking here about being consistent and having extremely more confidence in your trading.
Once you understand the LOGIC behind the patterns, you are much more likely to trade them correctly.
It is much more bullish to wait for the RUNWAY to form than just buying a new high.
In this post, I explained the logic of why so many new highs are "fails" and do not take off...
$BINANCE:LPTUSDT To Reach $14 if it broke the $9.35 MarkBINANCE:LPTUSDT has a target beyond the $10 Mark i wrote about before, which is the $14 Range, almost 100% increase From Current Price.
Writing this Idea, Currently we are in a Corrective Area, Colleting as much buyers as Possible to Impulse its away to The $12 Range, and a Possibility to do another Small Correction in that area before Finally Reaching the $14 Mark.
We have two Major Price Points to look for
Break Up $9.35 , We go up to $14.
Break Down $5.50 , The Sequence is Broken and will be much likely not Reaching $14 and Start Huge Downtrend.
This is not a Buy nor Sell Signal.
ETHUSDT: Head and Shoulders Breakdown Targets for Short and LongAfter a thorough analysis of the BINANCE:ETHUSDT chart on a 6-hour timeframe, I've observed a complete Head and Shoulders pattern, with the neckline breached near point B. The pattern indicates a potential SHORT trade, with a target of point C at approximately the 0.618 Fibonacci retracement level of the prior uptrend, corresponding to a price of 2083.91 USDT .
Upon reaching point C , if the price action suggests a reversal with strong bullish signals, such as a Double Bottom formation, there could be an opportunity for a LONG position. The LONG trade could target point D , which is near the 1.861 Fibonacci extension level of the downtrend, projecting a target around 5104.17 USDT.
Please keep in mind this analysis is based on current technical patterns and Fibonacci retracement and extension levels, which are subject to change with market dynamics. This is not financial advice but rather a sharing of my strategy based on my interpretation of the data. Ensure to conduct your own research and apply proper risk management.
Trade safe and best wishes to all!
GBPAUD - Long position after retestGBPAUD - there was a good correction to 0.5 FIBO which you could see on the chart. Also the zone of eclipse was so close to 200MA and diagonal resistance. The price reach out the supply zone which is strong one and if it breaks the zone, the possible entry should be taken in mind. The best entry is after retesting of the supply zone which may be will become demand one and for the perfection we have to look for cnadlestick pattern.
#FTM Possible Elliott scenarioAfter touching the range specified in the previous post, it is still moving in a downward channel. At the bottom of the channel, it has gone through a full cycle of correction, which has currently had a full cycle in the form of wave 1 of ascension, and the current correction is a response to the rise from the channel floor to the channel ceiling. The two PRZ zones can complete the wave 2 correction and after that it should witness the exit from the descending channel. But now, if we have confirmation of the continuation of the process, the roof of the channel and the roof of the minor should be broken upwards, so that I can clearly say that the correction of wave 2 is over. Therefore, for the moment, you can act in these two ways for the buying position. Either you have to wait for the second PRZ, or after the break of the ceiling of the channel or the ceiling of the minor supply, it will enter wave 3 or C...
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90$ Litecoin incomingevery detail and reason is on the chart:
We saw a correction happen till $58, then from the change in drection, accumulation has been happening.
We saw a bullish flag or abc flat correction around price 68 and 60 dollars happen, then from there had a bullish impulse to $75, off which we have been in a correction since.
The correction is complete with WXY as seen on the chart, now we are entering the Impulse cycle as seen with abc micro cycle completing and allowing for buy orders on the current price.
So from here Im expecting litecoin prices to skyrocket or moon for the moon-boiz.
buckle up this is gonna be a long ride..
COMPUSDT Long setupBINANCE:COMPUSDT appears to be in bullish structure here. Deviation and confluence of the down trend I expect it to break the trend very soon and my First Target would be the black line above after that if the resistance is crossed I will long again for a swing trade or a day trade.