Riskreward
🔥 Watch This Short-Term Bitcoin Break Out Pattern!In continuation of my previous bearish BTC analyses, I spotted this triangle pattern which has been formed over the last couple of days.
Whilst it's a risky trade, the potential short-term gains are big enough for it to share with the rest of the community.
I'm waiting for the price to fall through the support, which can potentially signal a further fall in price. Stop above the most recent local high, target at 24.000
🔥 Bitcoin Cash Fighting For The Uptrend: Patience For Break!BCH saw a huge move over the last few days. This could be the definitive trend reversal, but too early to say for now. Personally, I'm going to wait for the price to close above the local high around 229 before considering an entry.
With the diagonal resistance retested as support, it's looking quite bullish. I'm going to use the retest-lows as my stop, Summer high as the target.
SELL 1937!!! About to Activate ¬_¬Price is Approaching 1937 resistance. We took buys before news came out at 1914. price will eventually go to 1961 but as price approaches its first resistance we will activate sells for a minimum of 100 pips. if it breaks we re enter on the retest with buys instead.
🔥 NEAR Big Upside Break Out Potential: Patience!NEAR has been consolidating inside this pattern for well over a year on this point. I'm anticipating big volume to appear once we will break out. Keep in mind that we will wait for the price to confirm the break out of the triangle. This signal will get invalidated once NEAR falls through the support.
Stop just below 1$, target at the August 2022 highs. This results in a trade with big upside potential and a very nice risk-reward of 15.61
🔥 ARBITRUM Bearish Support Break OutAs of yesterday, ARB has fallen through a strong area of support which held the bull trend going for over a month. In my view, there's a high possibility that ARB will continue to fall, potentially even retesting the June lows around 0.92
ARB is quite oversold at the moment, so we're going to anticipate a bullish correction towards 1.19 or so. Stop just above 1.21 for an optimal risk-reward ratio. A more risk-averse trade would be to take (partial) profits around 1$.
VTRS - Potential U-MLH breakout to the CenterlineThe Orange down sloping Fork did it's job very good so far. Even the (yellow) sliding parallels gave us good information how wide the shift is. And we even got some confirmation from the divergence
Now VTRS is nagging at the U-MLH.
Also nice to see how this stock is stair stepping towards the Center line (orange lines).
Is it too late to jump in?
In my trading it's never too late, if I have a good risk/reward.
However, we must be aware that the "Last Sellers Zone" is right in our way. Are the sellers still sitting there?
Let's see if the U-MLH will break out, smack the sellers and rockets to the Center line.
MASTERING RISK MANAGEMENT IN FOREX📈🛑 Mastering Risk Management in Forex Trading 🛑📈
(1/6) Hey fellow traders! Let's talk about a critical aspect of successful #ForexTrading - Risk Management. It's the compass that guides us through the unpredictable market waters. Here are some key principles to keep in mind:
(2/6) Rule #1: Set Your Risk Tolerance 📊💰. Determine the maximum % of your trading capital you're willing to risk on any single trade. This shields you from overexposure and keeps emotions in check, crucial for long-term success. #RiskManagement #ForexTips
(3/6) Rule #2: Use Stop Loss Orders 🛑📉. Always, always, ALWAYS set stop-loss orders for your trades. This helps limit potential losses and prevents your account from taking a big hit if the market goes against you. #StopLoss #ForexTrading
(4/6) Rule #3: Diversify Your Trades 🌐📊. Don't put all your eggs in one basket. Distribute your trades across different currency pairs and strategies. This reduces the impact of a single bad trade on your overall portfolio. #Diversification #ForexRisk
(5/6) Rule #4: Understand Position Sizing ⚖️📈. Calculate the appropriate position size for each trade based on your risk tolerance and the distance to your stop loss. This keeps your risk consistent and prevents you from risking too much on one trade. #PositionSizing
(6/6) Rule #5: Stay Informed & Adapt 📚🔄. The Forex market is dynamic. Keep learning, stay updated on market trends, and be ready to adapt your strategies. Even with solid risk management, remember that losses are part of the game. Stay disciplined and stay patient. #ForexStrategy
Remember, successful Forex trading isn't about avoiding losses entirely, but rather managing them smartly. Keep these risk management principles in mind to pave the way for more consistent and sustainable trading success. Happy trading! 📊💹 #ForexSuccess #RiskAwareness
🔥 Bitcoin Lost The Uptrend: Crash Alarm! 🚨If you enjoy this analysis, please like and follow.
Recently I've made several analyses on Bitcoin. In general, I was more bearish than bullish based on historical pre-halving year statistics.
Furthermore, I made several analyses on Bitcoin's historically low volatility where I argued that a big move was coming to the markets very soon.
WIth the stock markets falling and BTC trading on edge, are we going to see a big dump soon?
Maybe. I'd like to see a move below 28k first to increase the probability of this break out being real and not just a wick below support where bulls will step in and V-shape reverse to 30k.
Still, a move towards 20k is in the cards. Since the 15.5k lows I argued that the bear market lows are in, and I still hold this opinion.
The trade on the chart has a very decent risk-reward ratio, even for a big asset like BTC. Time will tell.
Please share your thoughts in the comments🙏
🔥 SUSHI'S Best Trade You Will Make This YearSUSHI has found very strong support at the 2020 lows a couple of weeks ago. Since then, SUSHI has been seeing strong gains.
This trade is based on the idea that SUSHI's bear market low is in and that we will generally only go up for the foreseeable future.
I'm expecting a minor correction over the coming weeks, hence the entry at 0.7, stop below the May lows, target at 23$.
This is a long-term trade and can take another 2 years to hit the profit target. Nevertheless, a risk-reward of >100 is incredible and can lead to some serious gains.
GBPCAD LONGA trade with the best entry point, the best R:R (1:13), the lowest risk and in the direction of the market trend.
In terms of fundamentals, due to the drop in oil prices and the impact on the Canadian currency, Mithian predicted that the British pound would become stronger.
Technical and fundamental shows growth.
Good luck.
🔥 SHIBA Bearish Channel: Bear Market Bet!SHIBA has a very decent over the last month or so. It's likely that we get some kind of reversal in the near future. I'm going to increase our bearish chances by waiting patiently for SHIBA to reach the top resistance of the channel.
Yes, this trade playing out would require a continuation of the bear market for the next few months. This could also be considered as a hedging trade.
Stop just above 1400, target at 500, results in a very decent R/R of 7.92
🔥 RUNE 1-Year Downtrend Break OutAs the title suggests, RUNE has now broken out through a 1-year resistance line that has kept the bulls in check. In my view, this could be the start of a bigger longer-term trend.
Since we're quite overbought at the moment, I'm, waiting for a small pull-back before considering an entry. Stop just below the resistance, target at the August 2022 highs.
🔥 CLV Best Risk Reward Trade Of The Year?CLV appears to have broken out of a 2 year downtrend. This could be the starting signal of a multi-year bullish trend. In order to confirm the break out we're going to wait patiently for a daily candle to close above 0.048.
Once we made the entry, stop below the most recent swing lows, target at 2$. This allows us to build a massively reward trade with a potential risk-reward of over 145, one of the best trade of this year.
Keep in mind that this is a long-term position and could take 1-2 years to play out.
🔥 SXP Crazy Bounce Idea: Support + Bullish DivergenceSXP seems to have found (temporary) support alongside the diagonal purple support line drawn on the chart. This reversal trade idea is based on the idea that this support will hold and cause a bounce, helped by the bullish divergence that's apparent on the RSI.
The high of the last couple of days is around 0.335, so we're going to wait for a daily candle to close above that area to initiate the trade. Stop under the recent lows.
With a target at the April highs we can construct a very good trade with extremely high Risk-Reward.
🔥 ID Bullish Break Out After Months Of SellingIf you enjoy this analysis, please give it a like and a follow.
ID is one of the newer tokens on Binance. At the start of the listing it showed some strength, but has sadly been selling for months at this point.
However, ID has broken out of a one month downtrend by breaking through a diagonal resistance line, see chart.
My assumption is that, with some luck, we can at least get back to the May highs. For an optimal risk-reward I'm betting on a reversal in the short-term, but not below the most recent swing lows of around 0.248. This results in a very good risk-reward of well over 22.
🔥 MANA Best Long-Term Trade For Next Bull-Run: High Gains🚨If you enjoy this analysis, please give it a like and a follow.
MANA has been losing value for nearly 2 years at this point. However, I anticipate that there's some decent money to be made on MANA in case this falling wedge pattern plays out as I expect.
MANA looks weak, and will likely lose more value in the coming weeks/months. I'm going to be very patient for MANA to see more selling and step in around the bottom support of the falling wedge.
Stop around 10% below the wedge's support, target at 5$. This results in a massive risk-reward of almost 95. If this plays out, this trade can be your best trade of the decade with a huge 95x return on your risk.
🔥 XRP Ultimate Game Plan For The Next Bull-RunIf you enjoy this analysis, please give it a like and a follow.
With XRP's lawsuit behind us, a lot of the bearish sentiment has been cleared. Still, it appears that this event had little staying power with the bulls, since XRP has given up around half the gains it made shortly after the SEC news.
Nevertheless, I'm long-term bullish on XRP. As seen on the chart, XRP is seemingly trading in a parallel channel. The top two resistance lines are direct copies of the bottom support line.
I'm going to wait for XRP to drop towards the bottom support, and ideally bounce from it. My target for the next bull-run is placed at 7$, stop just below the channel's support. This will give us a massive risk-reward of almost 110, which is a serious money maker if it plays out well.
Keep in mind we can hit the bottom support further away in time, which moves the entry up.
🔥 HBAR Bounce Signal With Great Risk Reward Potential!HBAR has been holding up reasonably well compared to many other alts. For that reason, I'm more confident to look for a bullish reversal pattern to play out.
My entry will be around the bottom support, stop just below 0.05, target at the top resistance of the rising wedge pattern.