BNB Long Game Plan Hi all
This is my BNB Long Game Plan:
- Before entering, please watch the Bitcoin price aswell, and check if they are trading the same direction.
- Also, this is a RANGE play, a small trade between to clear levels. My general sentiment for the crypto market is very pessimistic, I will be having a close watch if I decide to play this range
Here is my detailed Game Plan:
- Price needs to stay within range for me to search an entry on this (Between 280 and 300)
- Smooth Price Action on entry chart (looking for a daytrade so lower timeframes)
- Reclaim of Red line is prerequisite for entry
- Push above Red line and and pull back on Red line
- Pull back on Red line, hold and reclaim would be entry signal
- Target 300
- Stop 280
Please follow me on Tradingview for more trades and ideas.
Rangetrading
CAD - Trade idea! CAD - Trade idea!
Another week, another trade opportunity!
USDCAD - Very clear levels.
Currently we are within the ranges. Highs: 1.36600 Lows: 1.35375
A break of key resistance highs, we could go towards 1.37730 areas. However, we if break below the lows and further down below 200 EMA I expect it to reach towards 1.34380.
Keep in mind false breaks out, take a look at crude and most importantly NFP this week!
Trade Journal
How FED softlanding would look like?FED wins - 2013 like softlanding:
- current range holds
- double bottom pattern takes us out with a new rally
- only viable with inflation under control
- emaflow range projections act as support areas if we break the first the next levels come in to play
- if it validates - we should be recovering arround march next year - took arround a year to visit ath
confirmation is second buy signal with current range holding
AUDJPY: Supply vs Demand Battle Price has rejected, manipulated and trapped sellers multiple times from this supply, sweeping liquidity from the zone.
The only liquidity left will be the stops trapped above the zone.
I don't think we will penetrate these stops immediately.
I believe price will compress into the demand and liquidate that zone aggressively before returning to purge sellers, as illustrated on my chart.
ULTRATECH in range can give breakout PREMPTINGultraech cmp 7175
sl 7040
target 7300 : 7530
price fall after result now retrace and consolidating in range. try to fall again but support strong at 7050 on closing basis
therfore can break upside
keep position sizing in control
market highly volatile
breakout has been tested very hard
BTCUSDT - Trading Range (Possible New)2Hour Chart - UTC+1
My best effort attempting to draw a trading range that if the price breaks what I think is the top of the previous range, will form a new range.
Trading range:
Bottom 24,300 Top 28,400 and Middle 25,700. At the time of writing, possible retest of the top of previous range. Having hit the weekly at 24,295 could possibly be a signal that we continue this new range, keeping in mind the daily resistance levels above.
Fibs:
A continuation from last range. Fib Channel from low on Saturday 14 Jan at 11:00, to low Mon 13 Feb at 17:00, to high Thurs 2 Feb at 01:00.
I have drawn 2 Fib retracement levels, and using them for Fib Expansion levels to determine possible support and resistance levels for price action above. I am doing this because between the range, either price went up very quickly or, went down very quickly. This has not left much for support and resistance as far as monthly, weekly, and daily horizontals are concerned. Interesting that both Fibs extend to top at Fib expansion 2 same price range and top.
* For both Fib retracement levels I'm using the expansion levels at 1.133, 1.272, 1.414, 1.618, and 2 as support/resistance levels. Indicators as new price discovery levels where there are no timely support/resistance levels. Particularly of interest where there are intersections with timely support levels, such as 1.133 and daily at 24,631.
- Fib retracemet (Extended line to the right) from high Thurs 2 Feb at 01:00 to low Monday 13 Feb at 17:00. 1.133 already proven to be a fair enough resistance and possible support. 1.272 seemingly a resistance level.
- Fib retracemet from high Thurs 16 Feb at 17:00 to low Friday 17 Feb at 01:00. 0.382 (inverse 0.618) had a good reaction to the upside. 0.618 (inverse 0.382) noticeable resistance. 0.618 a nice alignment with other fib level 1.133, may be an indicator of flipping resistance into support, and good setup for the daily at 24,631 (just an idea).
It's worth noting that Fib 1.618 in the previous run up and in the previous range, was the middle of the range for that range. I have chosen to be conservative and rather let time play out before calling it a middle in this possible new range. If this were the case, it would change the top of the range to what I think at approximately 28,600.
Assumptions:
All monthly, weekly, daily, and nPoc Horizontal rays act as support and resistance levels (* dashed lines are ends of wicks on the retrospective level). Support when price is above and resistance on price action below. Fib channel also used for indication of past and present possible support/resistance levels.
BTC/USDT RANGE PLAY HTF #BTC #CRYPTOCurrent upside and downside levels to watch:
Upside:
- In order to see more upside, BTC must hold $21485
- Looking for some strong buying pressure to push back up to range highs
- Possible re-test of S/R levels
Downside:
- Lose $21485 and I see BTC dropping hard down below $20k
- Possible test of 50 & 200 emas. Will these act as support?
BTC is still moving within the same range it has for the past few months and I see no signs of it breaking.
BTC/USDT RANGE PLAY HTF #BTCHere's my idea on the current price action of BTC and possible target if it were to break either way:
Downside:
- If BTC fails to hold the $22500 region then I suspect the price will fall, take out the inefficiency of the pump and hit the mid-range marked out.
- Possible signs of a deviation
- Bulls running out of steam
Upside:
- If BTC can reclaim the 0.75 region then the range high is a possibility
- I would be careful placing longs in this area, Keep a tight stop loss and cut soon if it breaks below
Nasdaq: Short-term bull Long-term rangeWhy market is entering into short-term bullishness again and latter uncertainty or range?
We will do both technical and fundamental analysis in this video tutorial, and we will see how both analyses can affirm each other.
Refer to the related video link, I explained at greater length. Or you can always visit my YouTube channel.
Content:
. Why market is entering into a short-term bullishness? (Fundamental & Technical studies)
. Subsequently the market will enter into a range (Fundamental & Technical studies)
CME Micro Nasdaq Futures
Minimum fluctuation
0.25 = $0.50
1 = $2
10 = $20
100 = $200
1000 = $2,000
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Eth to make a higher high before a retest of prior resistanceHi All here's my thoughts on Eth's movements for the coming weeks.
As per prior cycles I believe in the next 2.5 weeks Eth will rally a final leg up to the $2100 mark making a higher high & then break down.
There's a strong probability of rejection because
1. Crypto generally moves in-between ranges, this will create a higher high and form a new upward channel to range form over the coming months.
2. There's almost always a retest of the prior zone of resistance which has not yet happened.
Thanks
Blockbullder
Short-term up with range later in 2023Why market is entering into short-term bullishness again and latter uncertainty or range?
We will do both technical and fundamental analysis in this video tutorial, and we will see how both analyses can affirm each other.
Content:
. Why market is entering into a short-term bullishness? (Fundamental & Technical studies)
. Subsequently the market will enter into a range (Fundamental & Technical studies)
CME Micro Nasdaq Futures
Minimum fluctuation
0.25 = $0.50
1 = $2
10 = $20
100 = $200
1000 = $2,000
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Cant wait for price to stop ranging? Do thisFirst of all you are going to need this indicator
Its the Heiken Ashi Algo Oscillator. Click the image below
There are times when price is ranging. When this happens you simply need to see what is the channel where the RSI values are hitting and you want to know WHEN is the RSI breaking out of that channel
In this oscillator the HIGH and LOW part of the RSI Range is the +10 and -10
If price is ranging in between as it is consolidating you dont want to sit there for several hours.
So in this video you can see how to set an alert telling you when the RSI breaks out of the RANGE.
This way, once the alert is set, you can go live life.........
See you next time at the CoffeeShop
BTC Local range scalps If the bitcoin price can retrace down to the golden pocket that is sitting just outside of the value area low of the range and market cipher is showing some mid time frame (20-30min) momentum divergence' with lower timeframes showing money flow coming up toward the 0 line and momentum divergence, then it it likely to bounce back into the value area making it more likely price will get a move up back to the top of the value area where there is a well respected Fibonacci level and price could start to print a very broken down anchor and trigger wave (would look more like an anchor and trigger higher timeframes) that could bring price down for a lower low or obviously it could just continue to range.
BTC potentially trading in a previous rangeSomewhere between June and November 2022 bitcoin traded more or less in a range (orange area). Not it entered the range again, hitting and bouncing off the top edge of the range (which is now resistance). It could, therefore, trade again in this range if it cannot break this resistance. If, however, this resistance is broken, then we could see a nice move upwards.
FILECOIN the last chance (bottom) and the range market Hello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️
we
expect to see gain besides the range market is acceptable scenario too 📖💡🚀
and
if the price break the rang area to the upside, we will see more gain 🚀
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
BTC | Trade the RangeCurrent Bias;
Midrange held as support (so far), I believe a retest is likely.
Monitor for a reclaim of the monthly open
- if we reject at the monthly I will be scaling out of the position.
- if we successfully reclaim, liquidity @ 17.6k is my target.
Monitor for reclaim or rejection @ 17.6k
- reclaim = re-enter long; look to take out the equal highs @ 18.4k
- rejection = enter short; look for monthly open as initial target & monitor reaction via support or breakdown for further bias
Invalidation;
- clean breakdown/HTF close below 16.8k (turning mid range support into resistance).