PAMP
NXT Possible reversal pattern formation rounded bottom + 480%The coin is traded on top exchanges such as Polonix, Bitrex, HitBtc.
The coin was pumped several times from + 700%, +1600% + 1700%! This makes it clear why this coin was created and what work is preferable on it. Overly risky coin, but overly profitable. Coin only for temporary speculation, not for holding!
The global coin chart is shown in this trading idea:
NXT Super Profit or Death.
What do we see on the chart? There was a downward wedge , after exiting from it, the price did not particularly make any price movements towards working out the goals of the wedge . Now there is a sideways movement, volatility is reduced.
Lateral movement after leaving the wedge for 96 days (3 months). Perhaps this lateral movement of 3 months in length will act as the 2nd phase of a reversal of a very slowly forming figure "Round bottom" ("Saucer"). The descending wedge itself will act as the first phase of this formation. The target are impressive, if in reality this formation will be formed, then only up to the figure resistance + 480%.
Entrance to the market - only at the beginning of the 3rd phase of the formation of the figure! It is very important. Because it is not clear whether it will really form. A relatively slow price increase will mean the beginning of this 3 phase formation of the figure "round bottom".
Enter the market now "at the bottom", maybe get a "second bottom" as a gift. It is better to buy a little more expensive, but for sure, than cheap for good luck!
If the price breaks through the support of the formation and consolidates below it, this will mean that there will be no trend reversal to the upward one at a given time, and you should refrain from buying.
_____________________________________
Here is another NXT developer coin - ANDOR coin (Andr) . In my opinion, the ANDOR coin is less risky and more understandable in price movements. You also need to understand that this is a newer project of these developers, therefore they will add more time and effort to the development of the project, which will be well displayed on the price chart.
Here is one of the latest trading ideas for the ANDOR coin which has already yielded about + 20%.
Ardor channel movement in increments of 40%. Pivot points
Let me remind you that NXT and ANDOR (Ardr) were created by the same people.
NXT is the first project.
ARDOR (Ardr) - the second project.
______________________________________
The stages of the formation of the figure are “Cup” (Saucer, round bottom).
The Saucer figure consists of the following steps:
1) The descent of the price is the first phase of the figure. Price decline trend with a gradual slowdown. In the classical case, it should be a smooth arc, but in practice its shape can be flat or contain, on the contrary, correction minima and maxima. The main condition in this case is the gradually decelerating pace of price reduction.
2) The bottom is the lowest point of prices . It is the geometric center of the figure. It should be located on a gentle bottom (smooth bottom, without peaks). Although sometimes such a formation as the "Thorn" down or closed squeezes comes across at the bottom. The main thing is that these local formations do not violate the overall picture of the figure and movement in the global. If the lower point of the price forms the so-called platform on the chart, then the trading volumes gradually decrease, and at the moment of the price jump up sharply increase. Another surge in prices may be a signal to buy if the maximum of current prices is higher than the previous maximum.
3) Ascent of the price - after the minimum follows the ascent, which should ideally be symmetrical to the descent, and should last as long as the first phase (the descent of the price). There is a tendency to increase prices with a gradual acceleration.
4) The intersection of the resistance formed by the upper boundary of the whole figure (passes through the maximum point of the figure at the beginning of the period of its formation) is an additional confirmation of the rounded bottom and the final phase of the formation of the figure. After breaking through and fixing the price, the resistance level turns into a support level. When crossing the resistance, the volume rises as a rule.
Psychology. Traps. The reason and the possibility of pump +8200%I made the trading idea about this coin about trading in the channel this afternoon, and I remembered the miracles on the roller coaster of 2.5 years ago on this coin. After all, such games rarely come across in the market to leave such a colorful mark in memories. You do not often see pumps at 19 and 82 x, after accumulating 88 and 100 days. The numbers are not random. Pumping was with an acceptable volume for such a coin.
In my opinion, the project is scam, well, like everything in the crypto world. I absolutely do not believe in anything. I have only cold calculation in trading. No sympathy for scam. In my opinion, all crypto projects including everyone’s favorite “anonymous”, “decentralized” “Beethoven” are frauds, making real money thanks to stupid bidders. But, in addition to “making money” for those who believe that without doing anything, you can become a millionaire. I think the naive point of view is that the "big brother" wants to make all the poor and lazy people millionaires. But they believe in it, because they themselves are such. This faith and inaction will lead to sad consequences. In addition to making money on fools, the crypto market carries more interesting tasks. Which, in case of success of the experiment, will become a reality and the poor will become even poorer, states will receive unlimited power and control.
But, let's get back to this coin. The legend of the project is Blockchain's solution for the global dental industry. The legend, unlike other promising projects, is supported by the principle: “Someday we will turn the mountains”, at least by their activity. Confuses a large number of blocked coins. Which at the time of "X" can bring down the price on all exchanges to zero. Therefore, this coin is not for holding, but for speculation from a good entry point to the planned exit or exit from certain situations in the market. By the way, not one "holder" could not sell not only on the 80X pump, but in general I doubt that 2-3X even on the accumulation price, although I can be mistaken, as after the pump I did not monitor the transaction. Why, I will describe below.
I started trading this coin in late October or early November 2017. Started by accident. On another exchange, I fell into the "trap" that was made on this coin. A book of orders, the entire history of purchases / sales and the trades themselves in the market with bait were also very cleverly made, but here one zero in the price was superfluous. So in a second I remember about $ 600-700 evaporated. I began to understand, I understood what was happening, well, what happened, what happened. By the way, this case in the future made a lot of money, as this action began to be used en masse at one time mainly on exchanges such as Binance and HitBtc when listing coins. Each manipulation against you, with the correct understanding of the essence of the work, can be turned into a weapon against the manipulator.
Everyone can be wrong, including you. Your mistakes are an invaluable experience.
So the initial acquaintance with this coin was not very pleasant for me, but very useful for work in the future. Then I found where this coin is being traded with great liquidity and without "surprises." It turned out the HitBtc exchange. It was evident from the work on the coin that someone on this exchange was gaining a position on this asset. I quietly started to do it too. Immediately in my work I had not a small amount, but when I understood everything what was being done and on what scale, I substantially added money. Every day +10 20% to part of the position. Not a coin, but a cash cow. Paradoxically, no one wrote about this coin anywhere in the chats, including the exchange’s trobox. It was a taboo.
I will say this, this pump at first at 1900% then at 8200% for the majority of those who stuck to this instrument of trading was a big disappointment. Before the growth, after 1.5-2 months of work in accumulation with strong volatility , I increased the initial amount of entry many times. Traded inside the day. At first I copied the actions of the “major player”, but when my position on the coin grew decently - teamwork through numbers. The work is clear, not complicated, without risk.
But the elephant climbed into the market and began to tear down the walls. Perhaps this "elephant" was this major player or the exchange itself. At first, we wanted to keep the price from rising in order to keep the price in the corridor. But nothing came of it. Money forces were not equal.
The biggest disappointment is when about 70% of the position was thwarted by + 300%. I didn’t think that it was possible, as the position was not small, that’s buying + 300% as an obvious not healthy thing. But what happened, it happened. but then the price was pumped up + 1900%
All further price movements I had to work with those coins that remained. It is good that the high price gave a larger spread, and therefore more freedom to manipulate work within the day. Played by what was left. Gradually increasing the number of coins on rising prices. At any moment I could leave the market, like any exit price - for me there was already a profit. Above + 1000% of the accumulation zone the game stopped, I already had enough. That and the liquidity to work a large amount was not there already, the games began for the schedule, but not for earnings . Then the green light is very greedy and stupid people.
Be less greedy than other people and as a result you will be richer than other people.
Let me remind you that the price soared by more than + 8000%. Why did this happen? Why did manage to raise the price? Why were there mostly inadequate buyers, but no sellers? There are several reasons, I will partially describe what happened so that you see similar manipulations in the future and know what to do and what not to do. By the way, similar manipulations are now happening on some coins, I won’t write the name, how it will look like an advertisement. I don’t need that. But, or will they be able to repeat this? More likely no than yes.
___________________________________________________________________
THE REASONS FOR THE HUGE PRICE GROWTH AND THE ABSENCE OF SELLERS.
1) "Killing faith" in a long downtrend. 88 days from the day of listing. The course is just down. (but only for the hamster).
The main thing is to "kill faith" below, "give faith above." In the market, as a rule, those who in the “non-faith” phase say that they do not believe in perspective, in the “faith” phase they will most likely acquire. The world is cyclical, events go in cycles, the flow of the crowd is cyclical, the thinking of the governed lends itself to cycles.
2) Manipulation of the exchange with dcn / eth and dcn / btc pairs . This was the most important manipulation of the discharge of passengers. It was not possible to lower the price; nobody wanted to sell. They were not going to leave even at + 30% and above. In order to strengthen the dump, they announced a delist from the exchange of the dcn / btc pair.
It’s not the understanding of people that they really do not affect the price movement, but are just fuel in someone else’s game, which makes them this fuel for movement.
Whoever had a big position and the corresponding amount of BTC for the terrible visual presentation for hamsters put up walls pouring in them every time a huge sales volume with a gradual price rushing. At that time, the exchange blocked specifically on several days coins on the exchange’s account with many traders. But the panic sat on. Everyone wanted to leave the market, because it was very painful to watch how the price goes down. But they could not do anything, as for "technical reasons" the exchange blocked coins. But major market participants (perhaps the "exchange itself") held the idea of "killing the faith."
3) Bad news in front of the pump. There were a lot of big transfers to the exchange from wallets, many holders also surrendered ... Let me remind you the input / output was opened, but the trading account on this coin was blocked due to the fact that the dcn / btc pair will be delisting soon (those with orders were in this pair). Then, just before the delist of one of the DCN / BTC pairs, when the price dropped significantly by the game, all the accounts of the "traders" were unlocked. Naturally, everyone tried to sell on the market, because soon they would not sell where, as on the other pair there was no liquidity at all. Those who bought up naturally put up weak buy orders, so that hamsters had no hope of a price reversal.
A well-run crowd works like one very stupid person.
The interesting thing is the psychology of the crowd. I’m sure who sold “To get out at any price” after less than 3 weeks they bought from + 1000% and probably many people really got apathy for trading and a feeling of “lost profit” when the price during the pump reached + 8200% (82x) . It is probably painful to realize when you sell at a loss at the lowest price before the pump, and after such a short time you see such an increase.
4) Closed the input / output of coins before pumping coins naturally for "technical reasons". So no holder, with the exception of those who transferred coins to the exchange during the dump and did not have time to sell, could not use this pumped. Holders as always in flight ..
The more stupid a society is, the higher the percentage of earnings in it is for those who are smarter. Do not be one of many, be one among many.
5) After a while, the pair that was delisted from the exchange - DCN / BTC appeared again on the exchange.
6) Good news when pumping. On Twitter , the developers published the news in the manner: “DCN is the last hope of mankind” or “DCN will become the new Bitcoin” and similar nonsense in this spirit. In telegram chats, a similar FUD was also widely used. But the news has never moved or moved the price, they always move with money. News without money does not work. True, the crowd is convinced of the opposite.
7) The first pump at 1900% (19X) . So called "Hamster Pump", but my tongue does not turn + 1900% to call a hamster pump. But in this situation on this coin it was. I think any sane would go out without slowing down at such a price increase.
Then, after this pump, another pump happened, from the accumulation zone + 8200%. There were definitely no passengers on this pump anymore, therefore it was possible to raise the price in such a way by buying out own orders and making appearances of trade by luring hamsters.
Your first enemy is a lack of experience and knowledge. Your second enemy is greed and a sense of lost profits.
8) The presence of a lot of money from those who controlled the price. Without a good amount, this was not possible. You also need to consider that in addition to money ( btc ), it was necessary to have DCN coins "two or three bags" in order to direct the price. I think you understand who in this situation is the biggest player and initially has the most coins. Without an initially large position, it is very difficult for a trader to accumulate a large position in a short time, although in exceptional cases it is possible.
9) A clear, thoughtful, phased work plan for the manipulators in advance. Good knowledge of the psychology and thinking of the crowd.
This is an old thing, but it is possible for the conscious work and understanding of what is happening in reality in the bidding you will find this information useful. I think you understand that the exchange itself is partially involved in this manipulation. I do not think that exchanges will no longer sin by such manipulations. Be careful, be smart, don't be a herd.
If you understand what is happening in the trade - take part in the trade, if you do not understand - watch from the side.
I wish you all productive study and great profit in trade.
ARPA Chain (ARPA) Pump coin. Important area. Pivot points.Young coin. It was created in July. Satoshi price, therefore it is easy to pump up and keep the price, a lot of coins. People are not afraid to buy cheap even on "X")) The coin was made only to earn real money temporarily, on those people who believe in legend and perspectives.
The legend of the project is a confidential computing network. Traded on the HUOBI exchange. After the pump, + 270% was added to the Binance exchange. The chart on the Binance exchange gives users the impression that the coin is new and has not yet been pumped. Therefore, they are not afraid to buy.
Now an important area for observation, the price is near the local downtrend (yellow line). If the price breaks it and fixes above it, the “Dragon” figure can work out at a local level. Potential from +25 to + 85%. That is, the length of the Dragon Tail. Pay attention to the uptrend line (yellow); in our case, it also acts as a support. Further price movement depends on the reaction of the price to this trend line.
Also, from the zone that I specially singled out, the figure "Head and shoulders" can be formed . But even in this case, you can snatch + 25%. But in any case, be careful.
Entrance when the price fixes above the local downtrend . All pivot points of prices and targets are shown on the chart.
Target are shown on the chart with various potential movements.
Stop loss
Under key support levels during your entry into the market.
DOGE A cup is drawn. Perhaps we see a trend reversal. DOGE A cup is drawn. Perhaps we are seeing a trend reversal. Growth potential + 200%. The coin is always pumped with strong impulses to the X.
There were pumping coins more than + 1000% (10 X). On average, growth is from + 100% to + 600%. Hamsters on such coins are deceived by greed. Pure psychology. Nevertheless, they want to earn immediately, a lot and without minimal effort. And such merchants on such coins are deceived by emptying their pockets.
If people, regardless of the trading depot, would consider trading as an attempt to get 10% -20% per month stable instead of 50% per week, they would ultimately earn much more. Greed - begets poverty!
As a rule, the position is reset by the ladder in the course of growth and is not noticeable for the main crowd. Its volume is bought in the course of growth, which was laid a few months before the pump. At the bottom, with a dump, + 30-60% of the warrant is bought from someone who "killed the faith." As a rule, these are those who bought at the very peak of the pump. I showed the work on such coins in stages in the trading idea on TNT.
TNT Coin Operated. Impulse + diverging triangle + channel.
Which now made + 400%!
Also in another trading idea on the DOGE coin published in May, I predicted a 70% drop to the bottom of the channel and an increase from it. At the moment, the coin has grown by the same + 70% of the fall.
The easiest to trade and reliable pump coin
+70% from the specified zone of the channel
By the way, this is one of the most profitable and reliable coins in the cryptocurrency market, comparable to BAT, Ardor and TNT. No top coins of TOP -20 scam can be compared in terms of profitability.
____________________________________
Where there is a crowd, there is poverty.
Think like everyone else, act like everyone else - so you will have it like everyone else.
ENJ Symmetrical Triangle Soon the outcome of the situation. PumpAfter the pulse, a symmetrical triangle formed above the accumulation channel. The figure of uncertainty. But it is important that at the moment the price over the accumulation channel and the volatility is clamped into the corner of the triangle. Soon there will be a denouement of the situation.
TARGET:
1) The first goal in the event of a breakthrough of the triangle up to a local maximum of + 25%.
2) The second goal and the full development of the figure + 50%.
3) Further on the situation, as a breakdown of resistance will take place and consolidation above it.
If this happens, then a full-fledged pump starts at hundreds of percent.
I showed all the TARGET in this trading idea:
EDUCATION
How is pumping coins done. Example of working on an ENJ +90-600%
Entrance is only on a breakthrough or rollback after a breakthrough . It depends on your trading strategy and manner of work.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
If the triangle breakthrough is confirmed and the pump starts, work on a similar principle as I described in the training idea using the MATIC coin as an example and used it to shoot a video on my youtube channel. I will not repeat.
The educational idea of working on such coins using the MATIC coin as an example:
EDUCATION
Pyramiding online on a coin for pumping. Matic. Smart trading.
HBAR Double bottom. There was no pumping! Price pivot points.Young coin. The first trading on the exchange began in September . Satoshi price, therefore it is easy to pump up and keep the price, a lot of coins. People are not afraid to buy cheap, believing that it will greatly grow. Made only for making real money temporarily, on those people who believe in a legend and perspective.
The coin has not yet rocked ! !! This is the main argument in favor of growth. In a downtrend, a double bottom forms.
All points of price reversals and targets showed on the chart. I also showed on the chart various options for entering the market, depending on where the price will be.
Stop loss
Under key support levels during your entry into the market.
ENJ. Channel trading 45%. Pivot points. Potential 45-600%ENJ Mechanics of win-win work on coins for pumping. The accumulation channel is 45%. The potential at the exit from the accumulation channel is up to + 600%!
The coin, due to its over greed and aggressive manner of squeezing money out of the crowd by the market maker, goes hundreds of percent from the accumulation zone. Now the coin is in the accumulation phase.
All pivot points on which this or that movement depends and the trend is shown on the chart. It is also worth noting that there is no clear number of waves that should be in the accumulation channel. The main thing is complete control and understanding of the work on the coin. Entry / exit to the market depending on the reaction of support / resistance levels.
If you do not control the price, but adapt, there are two options for entry:
1) Entrance at the bottom of the channel with confirmation of support. The potential profit in the channel + 45%.
2) Entrance during the breakthrough of the channel. The first target + 90%. Then, how does the price react to the level of resistance and whether the fixation wakes above it. If the price continues to rise, then sales should be made at key resistance levels. Potential from +90 -600%.
It is worth noting that in such coins there is often no rollback after a breakout, you yourself can see it on the chart, that's why I wrote - the entrance is at the breakthrough of the resistance of the accumulation channel. But you need to understand that a false breakthrough can occur. But observing the exchange book of orders and the buy / sell ribbon gives a clearer picture or a breakthrough, real or potentially false. This is just an experience.
____________________________________________
In the history of the coin, I showed the cyclical repetition of the sequence of phases of the instrument.
It can be divided into several phases:
1) Set of coin position.
2) Raising the price and selling at affordable prices.
3) Lower prices for a new set of positions.
The entire chart of the coin and its cycles in this trading idea.
Capital Management - Pyramiding. Coin for pumping. Matic.Money Management Method - Pyramiding in action online on a pump coin. Matic / btc .
Big profits are minimal risk. Smart trading.
Stop Loss showed where to place and by what principle they move because all the zombies want to see them.
Stop Loss takes place when you are not in control of a position for a long time. But you must clearly understand where you should go when the price goes against you, and no retention of a losing position, in case, "what if the price comes back."
Always adhere to your strategy and plan, but at the same time, be flexible and have all the scenarios in advance. Be smarter for other market participants.
Matic / btc pyramiding in profit figures now:
1 entry point for $ 1000 + 177% $ 2700 (net $ 1700).
2 entry point for $ 1000 + 135% $ 2350 (net $ 1350).
3 entry point for $ 1000 + 90% $ 1900 (net $ 900).
4 entry point for $ 1000 + 35% $ 1350 (net $ 350).
The total profit at the moment from 4 entry points with a minimum risk of $ 4000 becomes $ 8350 (net $ 4300).
There is one thing, but the profit is much larger, as the trade was conducted in the accumulation channel with a price step of + 77%. Trading was carried out by 30% of the accumulated position, increasing it with complex%.
Trading in the channel will allow you to advance to a specific profit before the channel breakthrough. It will also help minimize its risks in case the uptrend support of the accumulation channel is broken down. As you would already be in profit from trading in the channel in 77% increments, at least cover Stop Loss loss. It is clear that the movement of 77% of the channel will not come out each time, like the entrance and exit when confirming the price reversal from support / resistance. But 30-40% can be obtained, but not always. This also needs to be understood.
Also no need to be afraid to buy at prices at a higher price. Sometimes buying at slightly higher prices is much safer than buying at the bottom, which may not be the bottom. The most important thing is the correct entry and exit point.
The entry point should be with a potential big profit and minimal risk.
What else does trading in the accumulation channel give you? You need to understand what could have been so (it is unlikely, but this should not be ruled out) that the price channel would have broken down and fixed under it. If you were “Waiting” like everyone else, it would mean a losing trade. And a loss in the amount of your Stop Loss according to your strategy. And if you have a big position, but not a lot of liquidity in a coin? As a rule, such coins are so, then there are situations when a breakthrough of support creates a panic-drain in the market, which goes to a large percentage of the price movement. Here, in this case, the extra earned profit up to the input amount helps.
Another addition in such coins in most cases is not possible to become short, therefore trading in two directions will not work. This must be understood in advance and taken into account in your trading strategy!
It is also important that someone thinks that he would just enter the breakout zone of the downtrend and take the same + 100% without these games and complexity. This is so if you have a small input, let's say $ 500-1,000 is not a problem, but if the amount is larger, this will cause difficulties to enter not noticeably and not provoke a premature price increase. You need to understand that at important pivot points you are not the only ones who want to enter the market, and in some coins the liquidity is low. And an entry instead of a step of + 2-3% can provoke a price increase of 10%. You can just trigger a panic buy.
Another option, for example, you bought 50% of the coins for the planned amount. Further you see that a further purchase will provoke an increase in the price by an unacceptable%. You can use your purchase to keep the price from rising and force other market participants to sell you and thereby gain the remaining 50% of the planned position. This works if you know how to work with a glass and a ribbon of sales and purchases, well hiding the actions made in advance. After all, you need to understand that not only hamsters are on the market, and there are traders who not only look at charts, and therefore are more informative in what is actually happening.
But all this only works in ordinary situations. At important points in the price reversal, your walls will be eaten up, you will give someone a gift allowing them to buy a large position without slipping the price. Just ask yourself a question, and you wouldn’t do it if someone gave you such a gift?
It is easier to work on TOP coins with this management method due to the greater liquidity and greater predictability of the price movement, but the profit there is many times smaller and more time-stretched.
Time is money. The liquidity of TOP coins allows you to work in large amounts, and there will always be enough liquidity for a short Stop Loss, which can not be said about pump coins. It is worth mentioning that you can work short on top coins if the price goes against you, therefore there is less risk due to greater plasticity for the trading instrument. But once again I’ll remind you the profit is much less, a long extended time interval and a small selection of trading tools.
I showed in more detail about this method of money management on TOP coins using the example of LTC / USD in these trading ideas:
EDUCATION Pyramiding How to earn 52000 with a risk of 5% from 10000 1part
EDUCATION Pyramiding money management. 2 part. Short LTC/USD
The trading idea for this coin for 13 11 2019 is before pumping and leaving the accumulation zone.
MATIC at the breakout zone of the downtrend Great growth potent
NXT Super Profit or Death.Overly risky coin, but overly profitable. Coin only for temporary speculation, not for holding!
The progenitor of the coin ANDOR (andr). The developers website says that they support the development of both coins. But according to the sad NXT schedule, this cannot be said. The coin is traded on top exchanges such as Polonix, Bitrex, HitBtc.
The coin was pumped several times from + 700% , +1600% + 1700% ! This makes it clear why this coin was created and what work is preferable on it.
What do we see on the chart? There was a downward wedge, after exiting from it, the price did not particularly make any price movements towards working out the goals of the wedge. Now there is a sideways movement, volatility is reduced.
Lateral movement after leaving the wedge for 96 days (3 months). Perhaps this lateral movement of 3 months in length will act as the 2nd phase of a reversal of a very slowly forming figure "Round bottom" ("Saucer") . The descending wedge itself will act as the first phase of this formation. The target are impressive, if in reality this formation will be formed, then only up to the figure resistance + 480%.
Entrance to the market - only at the beginning of the 3rd phase of the formation of the figure! It is very important. Because it is not clear whether it will really form. A relatively slow price increase will mean the beginning of this 3 phase formation of the figure "round bottom".
Enter the market now "at the bottom", maybe get a "second bottom" as a gift. It is better to buy a little more expensive, but for sure, than cheap for good luck!
If the price breaks through the support of the formation and consolidates below it, this will mean that there will be no trend reversal to the upward one at a given time, and you should refrain from buying.
Here is another NXT developer coin - ANDOR coin (Andr). In my opinion, the ANDOR coin is less risky and more understandable in price movements. You also need to understand that this is a newer project of these developers, therefore they will add more time and effort to the development of the project, which will be well displayed on the price chart.
Here is one of the latest trading ideas for the ANDOR coin which has already yielded about + 20%.
Ardor channel movement in increments of 40%. Pivot points
Let me remind you that NXT and ANDOR (Ardr) were created by the same people.
NXT is the first project.
ARDOR (Ardr) - the second project.
CElR Falling Wedge Entry Points First target + 30-60% Merged 20XDescending wedge. The coin is now in a downtrend. Coin from the maximum price is merged more than 20 times! There were no significant kickbacks. Therefore, + 30-60% when breaking through the line of a local downtrend - these are only the first target for working out the pattern itself - a downward wedge. The potential profit in such a “dead faith” coin is huge! Scam is being traded on Binance. This is a very good sign.
Also on the chart, I showed different entry points depending on the reaction of the price to resistance / support levels:
1) Entry during a breakthrough or rollback after a breakthrough of a downtrend line (wedge resistance).
If you use Stop Loss - under the resistance line , if the price is above it. Also take into account the volatility of the coin, so as not to drop out at the beginning of growth.
2) Entry into the market when support for a downward wedge is confirmed. This is provided if the price now does not overcome the resistance of the wedge and begins to fall.
Stop Loss under the support line . Also consider coin volatility.
How is pumping coins done. Example of working on an ENJ +90-600%ENJ Mechanics of win-win work on coins for pumping. The accumulation channel is 45%. The potential at the exit from the accumulation channel is up to + 600%!
The coin, due to its over greed and aggressive manner of squeezing money out of the crowd by the market maker, goes hundreds of percent from the accumulation zone. Now the coin is in the accumulation phase.
Trading in a horizontal channel in increments of 45%.
All pivot points on which this or that movement depends and the trend is shown on the chart . It is also worth noting that there is no clear number of waves that should be in the accumulation channel. The main thing is complete control and understanding of the work on the coin. Entry / exit to the market depending on the reaction of support / resistance levels.
If you do not control the price, but adapt, there are two options for entry:
1) Entrance at the bottom of the channel with confirmation of support. The potential profit in the channel + 45 %.
2) Entrance during the breakthrough of the channel. The first target + 90%. Then, how does the price react to the level of resistance and whether the fixation wakes above it. If the price continues to rise, then sales should be made at key resistance levels. Potential from +90 -600%.
It is worth noting that in such coins there is often no rollback after a breakout, you yourself can see it on the chart, that's why I wrote - the entrance is at the breakthrough of the resistance of the accumulation channel. But you need to understand that a false breakthrough can occur. But observing the exchange book of orders and the buy / sell ribbon gives a clearer picture or a breakthrough, real or potentially false. This is just an experience.
____________________________________________
In the history of the coin, I showed the cyclica l repetition of the sequence of phases of the instrument.
It can be divided into several phases:
1) Set of coin position.
2) Raising the price and selling at affordable prices.
3) Lower prices for a new set of positions.
How to manage the price of the coin and the entire sequence of work in these 3 phases, I described in great detail in the Russian version of this trading idea. Google translator to help you!
__________________________________________
Be not theoreticians, but practitioners. Only the weight of your deposit matters, not the memorized information about trading from many books.
Bnb pump before IEOBreakdown of the level on the volume.
Before the next IEO, there may be another 5% -10% pump
And so, in general, I advise you to sell BNB globally a downward channel, a decrease can be up to $ 8
With the fact that CZ announced its stemcoin, this can also lead to a global downgrade.
$PAMUn análisis de los soportes y resistencias del ADR de BCBA:PAMP ( NYSE:PAM ). En una combinación entre Extensión de Fibonacci y soportes y resistencias históricas. Que se puede esperar para esta semana? Probablemente lateralice entre los valores de la línea de 1,328 de la Extensión de Fibonacci y el 33,84 donde formó un soporte bastante fuerte en los últimos días, luego de eso irá a buscar el 1,5 de Fibonacci. La lateralización se da en la base en que necesita volver a tocar el límite superior del canal de Keltner tal como lo hizo en las zonas marcadas con los círculos azules. Esto podría generar un rechazo a esa línea y provocar un salto hacia la siguiente resistencia si el volumen lo permite. En caso de que esto no suceda entonces podríamos esperar que ingrese en el canal de Keltner y luego toque la MA 20 en la cual se basa dicho canal. Por el momento noto una simetría en la acción del precio con respecto al eje punteado de color rosa puesto en forma vertical el 30/06, podríamos considerarlo como un HCHi lo cual podría concluir en una tendencia alcista que supere los 39
$PAM $PAMPNYSE:PAM Vuelvo a ver una figura alcista en un activo argentino. Me sorprende que estén formándose banderas y banderines en todos, pero el precio no miente, por lo que vamos a hacerle caso. Entonces, formación de banderín que está cerca de una definición. Además, no solamente confirmaría esta forma sino también rompería resistencia dinámica formada junto con el pico del 12/02. Esto podría representar un cambio de tendencia a una alcista luego del mínimo seteado el 29/04. Luego, la resistencia estática en 40 podría ser un punto interesante para tener en cuenta si bien la formación en banderín muestra que podría romperla en caso de confirmarse la figura