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Roundnumber

IDEA - Wait For The Bulls ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After an over-extended bearish movement, IDEA has been trading inside a range after rejecting the round number 0.01 We have been stuck inside the accumulation between 0.01 and 0.02 🏹 For the bulls to take over, we need a Daily Candle Close above 0.02 Meanwhile, since IDEA is inside a range and around the lower bound, we will be looking for short-term buy setups on lower timeframes. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
15
BTC - All Eyes On 32,000 👀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. After breaking above 25,000 , BTC has been bullish for the past couple of weeks. However, it is currently approaching a strong rejection zone. Here is why the 30k - 32k is a strong rejection: 1- Classic Support Zone Turned Resistance from Weekly timeframe 2- Supply zone marked on the chart 3- Intersecting with the upper red trendline acting as a non-horizontal resistance 📉 For the bulls to take over from a long-term perspective , we need a weekly break above 32,000 Meanwhile, the 32,000 is acting as a resistance, and the bears can still kick in for a correction. I will monitoring the price action on H4 for extra confirmation. Which scenario do you think is more likely to happen first? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
37
₿TC - Getting Over-Bought ?❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 BTC is currently overall bullish trading inside the red rising broadening wedge pattern. 📌 Here is why the 30,000 - 32,000 is a strong rejection: 1- Round number => 30,000 2- Classic Support Zone Turned Resistance from Weekly timeframe 3- Supply zone marked on the chart 4- Intersecting with the upper red trendline acting as a non-horizontal resistance 📉 Hence, as BTC approaches the 30k - 32k zone, we will be expecting the bears to take over for a medium-term correction. 📌 For the bulls to take over from a MACRO perspective , we need a weekly candle close above 32,000 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
17
BGB - 100%+ Move!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. BGB was stuck inside a range 0.17 and 0.22 As per my last video analysis (attached on the chart) we were looking for short-term buy setups inside the range. 🏹 BGB got even stronger and broke above the 0.22 resistance zone in green and kept moving higher for another 100% bullish movement. Last week, we have rejected the 0.5 round number and now retesting the blue demand zone. As per my trading style: as BGB approaches the demand zone 0.35, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
12
GOLD - Trend-Following Buy Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 🗒 GOLD has been overall bullish trading inside the blue rising broadening wedge pattern. Moreover, the 1900.0 level is a strong support and round number. 📌 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support zone and lower trendline in blue acting as a non-horizontal support. 📉 As per my trading style: As GOLD approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
OANDA:XAUUSDLong
by TheSignalyst
10
EURCHF - Trend-Following Sell Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. EURCHF is overall bearish from a long-term perspective trading inside the red falling broadening wedge, and it is currently retesting the upper red trendline. Moreover, the zone 1.0 is a strong round number and previous major low. So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance zone and upper red trendline. (acting as non-horizontal resistance) As per my trading style: As EURCHF approaches the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
4
LTCUSDT Bullish setupHello trader! Welcome back to another episode with Analyst Aadil1000x and we are back with a new way of trading. This is a trade of LTCUSDT and in this trade we will take buy entry at psychological round number. The main reason to buy LTC is because it's above 200 D1 moving average indicator which shows it's trending bullish and we will only take buy entries from psychological round numbers. The first buy entry is at 70.60, looks like we missed it but we are setting buy limit and wait for the entry. In case if market moves down then we will buy again with 50% more size than the entry 1 at 60.6 and we will close the trade at 69.40 and we will also close the first entry at 69.40 To learn more you can view the education post of this strategy and you can ask questions related to this. Don't forget to hit the like button and follow to stay connected
Long
by Aadil1000x
BARNBRIDGE(BONDUSDT) more gain after break out of the resistanceHello 🐋 Based on the chart, we had appropriate amount of the volume for the price and break out of the red trend line and channel to the upside and perfect correction (that I have mentioned in my previous analysis) based on the Fibonacci levels and the price become close to the round number of $10 ✔️ if the price breaks the 62 of the Fibonacci levels and the round number of $10 to the upside, we will see more gain 📖🚀 otherwise more correction expected ❌🧨 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
BLong
by MadWhale
6
BARNBRIDGE (BONDUSDT) fib support and the round number 🚀Hello 🐋 Based on the chart, after long time range market (parallel channel located on the chart) and correction, we have appropriate amount of the volume for the price and break out of the red trend line and channel to the upside and perfect correction (that I have mentioned in my previous analysis) based on the Fibonacci levels and the price become close to the round number of $10 ✔️ if the price doesn't break the 62 of the Fibonacci levels and the round number of $10 to the downside, we will see more gain 📖🚀 otherwise more correction expected ❌🧨 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
BLong
by MadWhale
6
EURUSD - Strong Rejection Ahead!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. EURUSD is overall bearish trading inside our blue channel, however, it is approaching a strong demand area and round number 1.00 Moreover, the lower two trendlines (blue and orange) act as non-horizontal support. Thus, the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green demand and lower trendlines. As per my trading style: As EURUSD approaches the purple circle, I will be looking for reversal bullish setups (like a double bottom pattern, trendline break , and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
32
LITENTRY more gain 🚀Hello 🐋 Based on the chart, after long time range market and correction we have appropriate amount of the volume for the price and the price is close to the major support and the round number$1✔️ if the price doesn't break the round number of $1 to the downside, we will see more gain at least to the weekly trend line (channel resistance) 🚀 otherwise before more gain, we can see brief correction to the downside ❌🧨 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Long
by MadWhale
3
ETH - Oversold Zone!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. ETH is overall bearish trading inside the brown channel and now approaching the lower trendline acting as non-horizontal support. Moreover, the green area is a demand zone and round number 1000.0 So the highlighted purple circle is a very strong area to look for buy setups as it is the intersection of demand in green and the lower brown trendline, which I also consider an oversold area. As per my trading style: I will be waiting for it to approach the highlighted purple circle (area) to look for possible buy setups (like a double bottom, trendline break, and so on...) If you like the idea, do not forget to support with a like and follow. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BITSTAMP:ETHUSD
by TheSignalyst
26
DOGE support zone 🚀Based on the chart, the price is close to round number (0.10) and two support area and one weekly trend line ✔️ we can see more gain from here or after brief correction from the round number 🚀 if the price breaks the weekly trend line to the upside, we can see more gain 🚀🚀 if the price breaks the round number, we will see more correction to the downside ❌🧨 Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
Long
by MadWhale
6
BITCOIN round number and stop loss hunting 📚📖Today we are going through the brief technical explanation about the round numbers and stop loss hunting round numbers: the round number end in a zero, and have a tendency to attract orders and most of the time attracts many traders and they choose these points for entering and closing the position Point: For open position on round number the proper point for entering to trade is near the round number and not exactly on round number For example: For opening long position(buying) , your entry point should be above the round number and For opening short position(selling) your entry point should be below the round number. Pay attention to the BITCOIN price near the round number 40000 : If you want to open long position it's better to put your entry point above this round number but important point is that if this round number touches usually we have stop loss hunting and it is better to put your stop loss in proper place below the round numbers. Stop loss hunting: It is a strategy that makes market participants out of their position by driving the price to the area that many traders choose to set a stop loss there. For example: here on round number of 40000 we can expect that stop hunting happens and if someone wants to open long position on BITCOIN it is better to put stop loss below the round number with considering 3 percent penetration and if the price breaks this area the support becomes invalid. 🐳MAD WHALE🐋 This is not financial advice, always do your own research. please, fell free to ask your question, write it in comments below and I will answer. 🐋
BITSTAMP:BTCUSDEducation
by MadWhale
13