MID
dot bullish trend expectation! In Dot Chart, Candle reached to major channel mid-line, and we have to main resistance areas that I showed in the chart, so we can expect the future trend line to be like that I drew, the entry points should be in pullbacks for decrease risks that you can choose with yourself.
XRP Possible Trend for Midterm Positionin this scenario we have some conditions:
1- at first channel should not breakdown, and If it breaks, it may take a longer time to reach to our target or change the trend to downtrend.
2- If ripple succeeds the last court, we can expect that the price can reach it's Historical Price in earliest future and even go further!
Also In this scenario we have to pay special attention to the resistance lines that colored in orange. because they can change the uptrend to downtrend.
Trading idea for TVKBUSDThis is a mid-range to long-term trading plan. I see TVK finally has broken its downtrend. I hope it will reach up to its previous ATH soon.
Where will Fantom go next? Possibly up. But where would it stop?Given the fact that fantom has gained over 50X between Jan-Feb, I don't think it is going to cross its ATH anytime soon.
Based on my limited knowledge of TA I think it will touch $0.60 within the next 7-10 days. It might touch the ATH if it breaks the resistance on $0.60.
But as Fantom has always surprised us, anything could happen. It's just a speculation on which direction price would go next.
DISCLAIMER: This is not a trading advise. Don't risk your money based on this post. Do your own research.
I'm new to trading and TA so don't take my words seriously and please be respectful.
BTCUSDT Full Forecast
Bitcoin is still looking for bullish. It is supported by triangle breaks and bullish formations. So, it is so strong signal for buy for short term gainings. Also it is following base on up trend way and I don't think it is going to break down. And while Bitcoin is a fomo material, we will see strong buyers in short term.
I will share SL and TP zones in another only-short-term forecast.
As it is in the short-term, while above the trend, we will not see a bearish soon. Actually this price line, under the 61k is very good buy zone for mid-term traders. Keep following because nobody can know what will happen if it breaks below.
I'm one of thinkers Bitcoin will rise over $250k. If you are going to buy in spot, you can; always actually. But this is not a good spot for leveraged long term buyings. I would suggest you to buy and follow the trend so close, because above the trend, we can't go anymore lower.
Of course use a stop-loss in short and mid term transactions, because this is high volatility insturment and any news, as like banning cryptos in India, can make a strong push below the trend.
BTT/USDT mid and long term setupBTT/USDT pair is forming a cup and handle on the 1D timeframe.
The pattern has been formed after a strong bullish trend as evident by the nice support of EMA 20 along with RSI resistance at 50
The volume is declining in the handle which again is in favor of pattern
The pair is likely to trade in handle for sometime before breaking out upwards.
Enter long position post breakout during the handle resistance re-test
Ensure that volume is in an up-trend before buying
High percentage play for $MIDPERP on FTX.MIDPERP is setting up a strong pattern for a potential breakout over the next week or so. We know SHITPERP has already had a massive run so I'm expecting money to flow into other safer opportunities. This setup has decreasing volume so it is prime for breaking to the upside. Riskier traders enter at the apex of the wedges whereas safer traders might be better suited to wait for a break to the upside, retest, and confirmation moving upwards.
Gold back to the topOn the H4 time frame, there is a divergence between the upward movement of the candlestick and the downward movement of the Stochastic indicator. So it can be concluded that in the short to medium term Gold will rise.
Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
EURGBP reversal towards the upward trendAs seen on the chart, there is a divergence between the candlestick on the H4 time frame with the Stochastic indicator, the candlestick is moving downwards while the Stochastic at a glance looks like it is going up.
Note: This is just an idea from me, please compare it with your own analysis before opening a position. Thank you.
Short GOLD in 1H ?Harmonic pattern on the way. The retracement CD will need to go above the B mark. Then, it will probably hit the yellow trendline at D (1835) . Take the trade when it is ABOVE the mid line red on the pitchfork . 200 and 100 EMA confirms that it will probably go short again. However, don't forget that it will go LONG in longterm.
What you guys think? Let me know in the comment.
good trade!