KCS/USDT 1hr SETUP - Poss Bullish Retest & S/R Flip!Chart is pretty self explanatory.
KCS is in a macro ascending triangle pattern and broke above the 200 SMA on the 1hr-- the 200 on the 4hr acted as resistance, and now it's retesting a very significant Support/Resistance level. If it can hold this level, expect upside.
This is an aggressive buy at the bottom of a macro pattern. Higher risk, higher reward - potentially a strong mid term hold (assuming bull rally continues).
Kucoin has been getting a lot more attention recently, especially in the US, as Binance is now requiring KYS for all users (effectively banning all users in restricted countries who had been getting by with a VPN).
Kucoin is the only good exchange that offers margin trading and a lot of small cap alts (and XRP lol) to the US market.
My trading group has been posting a lot more Kucoin setups in recent weeks/months, and with these insane small cap pumps, I expect more S-coin traders to get involved too. So I'm bullish on Kucoin as a mid term hold.
happy trades,
CD
Midterm
NEO TREND REVERSAL? Dino Large Cap Mid Term IdeaI did pretty well on NEO after calling the macro trend line breakout that preceded it's final 110% rally during the previous bull cycle.
But, to be honest, it didn't really perform as well as I'd hoped. It didn't even come close to its previous ATH.
I'm not sure how bullish that is for NEO's long-term prospects, and, let's be honest, NEO is kind of a dinosaur. There are a lot of sexier new projects that are DeFi, Dex, or NFT related. I have a feeling NEO has kind of been forgotten...
But if you've been in crypto long enough, you know that the best time to buy is when nobody's talking about it.
But it's important to manage expectations. If anything, it's a blue-chip mid term hold you can buy and forget about until large cap alt szn hits, when you can take a decent (but not face melting) profit.
#BTCUSDT will go to 30K in mid termThis is just an idea ! Do not panic. It may be true, it may not be true.
Bitcoin can see 30K again and then move towards high targets like 100K.
In my opinion, it is not possible to achieve stable high prices without seeing low prices again.
Note : 28K-30K is the most important support zone.
Potential BTC move This is TA based on the WaveTrend with Crosses by James_Bl
The numbers indicate a long signal with said indicator. During this bullish push by BTC, it has moved by 16% or more when three of these occur in close succession (measuring from the bottom of the 1 candle, to the next “1” bottom)
If we potentially see a 3rd candle play out, the trend could continue up another 16% or more, which would have btc testing previous highs this year.
This could easily be invalidated with a move downwards, obviously. DYOR and good luck everyone
CAD/JPY Bullish W Pattern Running!Hello Traders
CAD/JPY has broken bearish trendline and successfully consolidated above it.
Also as we can see price is moving inside of a big channel.
Right now we have a big support around 87.4 (Big channel mid + W pattern + Fib 0.618 + previous resistance).
A minor correction to around 87.4 and then continuing upward momentum is probable.
Thanks for Reading
HUYA (1W) - Midterm Plan Hi Traders,
Below is my Idea about this very good loking company .... from CHINA !!
Compared to competitors (like Twitch) is discountedm same like DOYU. WHich are both owned by TENCENT as one of biggest investors.
After some FUD price from chinese government the price is Dummping.
In my Opinion, we are approaching end of impulsive wave DWON. you can also see touch with downtrend line + RSI COnvergence + MACD Convergence. Which are very bullish signs for me.
ALso fundamentally, this could be very good investment. But lets see. My plan is to take around 75-100% and sell everythin from actual price around 8.40 USD.
Trade safe. Enjoy the ride.
#Dodo / #Usdt Entry : 1.96 / 1.68
#Spot #midterm
Tp : 3.40
Tp 02 : 4.7
Tp 03 : 5.4
Buy 02 : 1.26
Buy 03 : 0.87
Don't risk more then 3% of capital.