ETH Looking Extra Bearish!ETH has clearly broken out of the parallel channel shown and is looking more bearish as the days go by. I've marked on the chart the next support zones to pay attention to. These zones would be the best areas to look to go long. You can also consider a short but with a tight stop in case of a bullish push from the whales. Let's see how this will play out in the coming days.
Do you think inflation is playing a role here?
Do you think there will ever be another bear market... if so are we currently in one? Let me know your thoughts below.
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Rnaofs
9 EMA Test! BTC needs to close above this 9 EMA on the 2hr TF soon or we can expect a move lower to around 50k. Lets see how this plays out.
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At Support Looking To Move Higher!OCGN is currently trading right above a major support zone. The IV ranking is below 10% and it had a solid run not too long ago followed by a massive sell-off. I believe it's time for the bulls to take back control. There's also a hammer forming at support which is a bullish sign. Let me know your thoughts below.
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It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
25% Secured 90% Next?Money Makers!
If you look at my previous GME post, I called the 25%+ target PERFECTLY. You'll see why I thought it would pump. The next major pump should be around 90% from my previous post or around 70% from this post. It's currently at resistance but if it breaks, that's a very bullish sign that the market wants to continue higher. Let's see how it plays out because the market's an unpredictable place. Let me know your thoughts below.
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It's all about Market structure, Area of value, and Entry Trigger.
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This is not financial advice.
Breakout or Rejection!?Money Makers!
GM is on its way to retest previous highs. I possible breakout or rejection is incoming. Let's stay patient and have your orders ready! Let me know what you think will happen below. I'm curious.
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It's all about Market structure, Area of value, and Entry Trigger.
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This is not financial advice.
Bounce & Breakout!!Money Makers!
BA has been trading nicely in an ascending channel. It recently bounced off the bottom of the channel and is now facing its next battle which is the trendline shown. There is a little consolidation right below the line, which leads me to believe that a breakout will happen soon. If it does indeed breakout we can expect a nice rise to retest the top of the channel. Let's see how this plays out.
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It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Beautiful Channel!Money Makers!
GE has been trading in a horizontal channel for a very long time. It recently was rejected from moving higher and is currently attempting to bounce off the 50 EMA. If the 50 EMA fails we can expect it to move lower to retest the bottom of the channel again.
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It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
S/R Zones!Money Makers!
Let's keep an eye on these KEY Support & Resistance areas! With Elon asking the public about selling his shares and his brother selling his shares before him, this sell-off was expected.
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It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Important Trend Line!Money Makers!
Rivian has finally been launched on the NYSE. This trend line shown will be very important over the next few days, especially when we're able to use options. If it breaks below, that will be one of the first bearish signs and I'm sure there's a lot of bears waiting to take advantage. This project is currently backed by Amazon & Ford. With that being said with the pettiness between Elon and Jeff. I wouldn't be surprised if this project keep moving higher. Tesla is currently 10x Rivians price and I'm sure Jeff wants to catch up but that's just my opinion.
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It's all about Market structure, Area of value, and Entry Trigger.
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
XRP Ready To Move!!Money Makers!
XRP Has been trading in a triangle now for quite some time! This project has been restricted in many top countries and yet.... It's Market Cap continues to growth and is trading very nicely. Lets take a look at my chart above and you'll notice that its coming to the end of a triangle, which only means a big move is getting ready to take place. If you're one of the lucky individuals that purchased XRP below .30 Congrats, you're about to see massive returns!... Hopefully lol. This is still a strong project that I would use dollar cost averaging when entering and exiting a trade. This project is here to stay IMO. If bitcoin does not dump, this will BLAST higher very soon.
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Simplicity Wins
Correction Almost Complete!Money Makers!
If you look at my previous ADA post, I CALLED IT PERFECTLY!! This project is now at the bottom of the channel and looking to move higher. Its been consolidating for quite some time and it can possibly drop another 8% to the bottom of the channel before trying to retest the top again, which would be a 70%+ gain on investment if you HODL long enough! The MACD is squeezing and building up to make a strong move and the RSI has been hanging out in the oversold area but on its own support. These are great signs that a big bullish move is coming as long as BTC decent dump!
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This is not financial advice.
Simplicity Wins
BTC Quick Correction!Money Makers!
From what I'm seeing right now on the weekly TF Bitcoin has made a higher high but at the same time, it looks like a false breakout based on the previous candlestick. With that being said the bears are trying to gain temporary control to bring the prices lower to the next support. We all know when Bitcoin corrects, it happens very quickly. If you're looking to short it, I have mapped out the percent you'll gain shorting to the mapped S/R zones.
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It's all about Market structure, Area of value, and Entry Trigger.
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This is not financial advice.
Simplicity Wins
GME Launch Mapped!!Money Makers!
GME has been trading above the diagonal support shown nicely for a long time. This stock is looking to move up higher after the accumulation phase is over. I marked out all the key resistance areas with the possible percent gains. If the current support is broken, the next major support is right below $40.
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Simplicity Wins
TFUEL Bullish!Money Makers!
Keep an eye on TFUEL. This project has always made huge moves when ready. I've drawn out a triangle and you can clearly see it's battling the resistance shown, and once broken it will most likely attempt to retest previous highs. I marked out the percent gain on the chart if you'd like to set sell orders at those levels. Let's see how it will play out in the upcoming days. It's all about Market structure, Area of value, and Entry Trigger.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Simplicity Wins
BTC TAKE PROFIT ?! Hello Community!
When looking at the Daily TF, we can see BTC/USD has been on a strong bullish trend over the past few weeks. The trend line shown has acted as accurate support throughout this climb. I believe bitcoin is on its way back to test the previous highs but it will take a few more weeks to do so. Along the way, there will be corrections and I'm assuming the next big correction might be on its way if this trend line is broken decisively. On the map, I'm showing the next major S/R zones and the percentage gains for whoever is looking to stay long or go short after the trend line is broken. Keep in mind the RSI is showing lower highs and the MACD is forming a bearish cross. Let's see how this plays out.
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This is not financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins
BTC 20% Pump To 55 EMA!!Hello Community!
Let's take a look at BTC /USD on the Daily TF. I went ahead and mapped THE NEXT MAJOR S/R zones. BTC did what's called a fake-out it dropped below the 31k support to 28ks and was quickly bought back up causing a massive hammer after a sell-off indicating a bullish move is on the way. It has already had a nice pump and based on the S/R zones mapped I can see BTC pumping 20% to the 55 ema on the daily TF. Also, let's keep an eye on the blue resistance line drawn in the RSI indicator. My guess is when the price hits the 55 EMA it will also hit the blue line on the RSI! This is just my prediction. Let's see how it plays out!
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This is not financial advice.
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Simplicity Wins
DOGE/USDT Indecision!!Hello Community!
Let's take a look at DOGE on the Daily TF. I went ahead and mapped the most important S/R zones on my chart, shown by the horizontal lines. Right now it looks like it's in indecision. You can consider opening a long position at the white or red support lines shown or wait until the top greenish line is touched and open a short. Make sure either option you choose you calculate your risk/reward. The Crypto Market follows BTC movements so at the end of the day it comes down to what project you have faith in the most. The reality is some coins will have stronger movements ( Bullish or Bearish ) based on how BTC moves.
Don't trade with what you're not willing to lose.
Love it or hate it, hit that thumbs up and comment. It'll be greatly appreciated!
This is not financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins
BCH/USDT Now Or Never!!Hello Community!
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BCH has been on a powerful climb the past few days and is now approaching its biggest resistance challenge! This S/R line shown above needs to break or we can expect a correction! If it breaks this line, the previous highs will be next which sits around $500 to $600. Good Luck in your trades. Let's hope the bulls are really hear to play.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
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Simplicity Wins
BTC Now Or Never!Hello Community!
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BTC Is trading right next to the major resistance which was recently broken with the Elon Musk status update. Since then price has fallen back into the triangle but has been staying very close to the top. If we can get a solid break above this line for a textbook S/R flip we can expect a healthy growth to retest previous A.T.H. If we get rejected then we will continue to move lower to next major support which is around 30k.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins
ETH/USDT Parallel Channel!!Hello Community!
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Lets keep it simple.
When taking a look at ETH / USDT on the daily TF, we can see it trading in a massive parallel channel. After bouncing off the bottom of the channel, it made a strong move to close the previous day above the 9 EMA. This is a good sign of strength. An indecision candle has come into play based on the previous day, so it can fall and challenge the bottom of channel once again . If this does not play out then I can see it making another move to the top of the channel, challenging the previous ATH once again. Lets watch closely. ETH is currently trading very high and entering a long right now is very risky.
This is not Financial advice.
Safe Trading, Calculate Your Risk/Reward & Collect!!
Simplicity Wins