ETH/BTC 03/10/2021ETH vs BTC
This chart is like indicator between bitcoin and altcoin season.
ETH had nice bull up, stronger then BTC. Also ETH is used for NFT trading what is in the big hype in this moment.
This reasons are fuel for next uptrend on ETH.
This coin is now out of resistance, above strong support level, it's good time to entry.
Entry - 0,068-0,07
Take profits - you can fix part of position on TP 0,5, but out target is on fibo 1,618 and 2,618.
Stoploss below 0,06
Nft
SLP/USDT 03/10/2021This coin is next NFT project with game!
The project look good. More than 500 000 followers on twitter, interesting videos on YT.
Currently looks like forming bottom.
It's recomment to trade this coin withou SL. Use money what you can lose.
Risk is high, but potential is much higher!
This could be next unicorn trade:)
US30 AnalysisUS30 Analysis. It must break the levels listed if price is going to continue in that direction. Break of structure levels are also noted.
Phantasma the little gem that started to shineSOUL recently got a new USDT pair on Kucoin and essentially since then it has started a pretty serious strong trend. In USD terms it perfectly retest the 0.3 level which was a key breakout level and bounced really hard. The coins that have bounced the hardest after a big dip are usually the ones that do the best in the next few days / weeks.
Phantasma has had this perfect accumulation in BTC terms for so long and is definitely still somewhat cheap or fairly priced vs BTC. In my opinion its chart looks a bit like DERO, DAG and several other Kucoin gems, however its at the early stages before a mega pump. It's super clean and super strong, a perfect accumulation chart.
It is also an NFT related coin/token that hasn't had a huge pump yet and is one of the very few that didn't crash badly in this correction. In my opinion NFT related tokens still have a lot of potential although they might take the backseat for a bit longer, but some of these coins/tokens will do very well and SOUL is on of them.
Solana Drops $100Solana has completed the clearest 5 wave move I’ve seen in some time.
After 5th Wave is completed, which seems to be the case - price should be expected to drop back to the level of Wave 4 or .786/.618/.50 of the total move up.
Because Wave 4 and the .618 Fib sit in the same area, I’m expecting price to test this zone ($20-$30).
A more precise target can be uncovered as Wave A of the zig zag defines itself.
Great buying opportunity on the way. By the way, Solana does not follow the mainstream/BTC Wave cycle or price action.
Trading View - all depends on what you want to seeTrading is all about winners and losers. A Trading View (thanks @TradingView) is all about how you see the charts, time frames and risk.
When I called the move down back in March, it was not that I was Bearish, wasn't stirring FUD - it was on the back of being Bullish from 2011. As a professional investor, you need to take the good with the bad, the highs and the lows and of course profit when the market moves up and down.
Many newer traders see BTC as a battle between the Government and the people, they see the regulators vs the crowd. The Bears and the Bulls!
This is Jedi master vs the dark master.
Truth be told, if you learn to appreciate the powers at work - you can indeed profit from both sides. I often read the chat in TradingView as find it funny how the bias is only ever Bullish, people have one view (9 times out of 10) and seem fearful of the bigger picture being a little more bearish. The charts have been very respectful the last 18 months, what seems crazy, wild moves on the smaller time frames are actually only playing to key levels on the larger times. ** If in doubt - zoom out **
NO STRESS
Look back a few months and see the posts from March; you will see it made a whole lot of sense from the Elliott roadmap perspective;
Click the link
The before:
and after;
Same as the rocket call; Press play on the idea.
This was all based on the distribution of a large scale Wyckoff Schematic;
Which played out as a textbook example.
So when you look at the charts, just remember Bullish doesn't always make you a Jedi, bearish isn't always behind a Vader mask. Learn to use the force and it becomes a lot more enjoyable!
Have a great weekend - and more educational content in the related ideas section below.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
FunFairNow on strong support level.
If Fun breaks trendline, then is good time to entry.
Volume is growing, break could come soon.
Stoploss on invalidation level. Better to close manualy after daily close below this level.
Take profit - on TP1 you should fix part of your profit, move SL to BE and then go for TP2 and TP3
US30 AnalysisUS30 Analysis. See chart for level information.
The idea is neutral because we are currently at a sensitive level. We must break this level to continue up.