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S/R

$GALA joining the party Gala with a nice rally and pushing up to 7 cents. A minor s/r flip with resistance right above from the low made in May, at $0.065 ish which I expect to continue to act as stronger support with choppy-ness below until I see a decisive break above it. The bullish case is that support being built as this progresses up and gets further away from our major low made in July, but these support levels will be tested again IMO. I like GALA long-term too, but for now I will be with-holding any DCA-ing capital as I think we'll get better opportunities (not bearish), just waiting for a correction after this rally even if we go way higher. In the meantime, could easily play a short position at resistance or wait for a break above and retest to go long - shorter term. Goodnight Folks! V
by cryptovatsik
C98 - Order Blocks C98 / USDT To be clear, this is not a bullish structure. However if looking to enter a long, my strategy would be to enter in the lower green order block at support as we've tested it time and time again (no reason to enter in the mid-channel). Resistance block above in red that you could target for a long, otherwise boring chop in-between for now with less and less volatility. Order blocks are a great way to identify areas of supply or demand, easily trapping retail traders in liquidity. Identify these more often and use them as areas for S/R and you may be able to gain an edge on other traders or more importantly, institutional players. Order blocks, simply put, are where larger players in the market are either entering or exiting positions. Large players being institutions, banks, or whales. They are frequently used in forex markets by banks and often times become trapping points for retail investors who may not understand what or where they are and get chewed up by the big chip players that have analysts and traders eating up liquidity or using retail as exit liquidity. If you as a trader can better identify these blocks and levels, it will give you an edge against not only other traders, but against institutional participation. V
by cryptovatsik
ATRSL & ATRTPYou checked the daily pattern, today is a uptrend day. On 30m & 5m chart, you draw out support & resistance levels. Current price is at the middle. You already have a good pattern price that has recenty formed a possible swing low. You checked the ATR levels at 1.25. You set the ATRSL (ATR + $1 SL, then the ATRTP (1 ATR). (Here you forgot to put the 2nd level ATRTP...is it even necessary?) The price moves slowly.. Threatening to touch but did not and price move slowly towards ATRTP. After a time, price still did not touch ATRTP or ATRSL. But moving towards ATRTP. This means new buyers are entering the markets. You can find new patterns and ATR levels after a while. You can enter new positions now or increase/decrease your ATRTP levels now. At the ATRTP, price can either reverse or continue. It depends on the price action most recently after you have entered the position. If there are obvious targets of ATRTP and S&R, price will go on. It is better to set the ATRTP level as it is difficult to catch sudden jumps in price that is only few seconds...
PEPPERSTONE:XAUUSDLong
by amir_putra
ATOM/USDT : broke above the S/R zoneBINANCE:ATOMUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $ATOM has broken above the local S/R zone and now it has reached the higher bearish order-block. With the lower trendline, It's expected for $ATOM to break above the resistance zone and so, It'll be our trigger as a hold above the mentioned resistance zone to locate our Longs... However, If we get the rejection from the current resistance, Then it'll come with a passive long setup mentioned on the chart! - The final targets are the same for both scenarios, Same or less. Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
8
SOL/USDT : Short-term bullish signsBINANCE:SOLUSDT BYBIT:SOLUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $SOL has formed a short-term range bound and it's very possible to have a breakout above it. But there're two things to look for before getting into any Long on $SOL. - The higher S/R zone. - The higher S/R line. Despite the bullish bias on market from day-trading sight, It's better to wait for a hold above $38... With any confirmation above $38, You can enter Long with a final target of $43. Invalidation after taking a Long position should be a dive below the marked S/R zone! Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
6
ETH/USDT : Broken below the local S/R zoneBINANCE:ETHUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $ETH has broken below the S/R zone and if we get the retest into the S/R zone, Then it'll be a great opportunity to locate our Short into it... Based on that, I wanted to point out that this position is for those who didn't get the chance to join on the first short at $2200! If it squeezes that's fine... Invalidation is clear, It's been marked above the latest bearish master candle we have at $2075. Entry Points : $1960 - $1975 - $1990 📍Targets : $1910 - $1850 - $1800 - $1720 - $1600 🟥 Overall stop-loss : $2075 Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
37
ALICE/USDT : Failed to hold the breakout!BINANCE:ALICEUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $ALICE has a breakout on $2.96's resistance and holds above the broken line and it causes the line to change from resistance into the S/R line. But It didn't take much time and got rejected below it. Now based on our data, The failed breakout attempt has low volume and it comes with a bearish setup opportunity! There're four factors to look for : - Fake pump with low volume - Back to the range - Invalidation above recent high - Target to range's low I'm going to locate my Short into the S/R zone with an invalidation above $3.36 ( Active management ), With two major targets; - Range's Low at $2.09 - Possible Local low at $1.06 Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
16
LINK/USDT : Aiming for Lows at $1.60 BINANCE:LINKUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $LINK has broken below the current support zone and it just retested the broken zone. Now There's an opportunity to take Short on $LINK with an invalidation above $8.50 as full body candle close! But the remained risk is much more than the most possible safe risk RN. So That's why I mentioned the second entry as the safe trade below $4.60! If we get the closings below $4.60 then I would locate my Short on a proper retest of the broken line and aim for $1.60 where the lows are located on... 📚 There's an early sign of bearish momentum; If we get the weekly close below $28800 on $BTC's price, Then you can take Short on every coin you wanted to ;) Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
22
AAVE/USDT : Reached the S/R zone and trendline!BINANCE:AAVEUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $AAVE has reached the trendline's resistance now and also there's a formed S/R zone. So basically it's a bearish sign and we have to expect the rejection... But there are not enough levels to set our Short position here! The Short position should be located below $148.5! After all; There can be a chance of a breakout above the mentioned trendline and S/R zone. If we get the closings above the S/R zone and trendline, Then we locate our Long towards $190.5! Trading setup : 🔻 Entry Pointes : $155 - $157.5 - $160 📍Targets : $164 - $169 - $174.5 - $181 - $190.5 🟥 Overall stop-loss : $148.5 ( Three Candles Close ) ⚠️ It's not activated yet, Needs to wait for a proper breakout! Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
40
ZIL/USDT : Reached channel's top! BINANCE:ZILUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $ZIL has formed a descending channel and it has reached the channel's top. Despite the current market's bias, I'm expecting more corrections to come; Because of the recent bounce without any retracement. In macro overview, It must come with a fake-out above the channel and experience the rejection from the higher resistance zone at $0.11. So based on the data we have, There'll be opportunities to take Short on... - On the rejection of $0.11's resistance zone and current rejection from S/R line and channel's high. - On the proper retest of broken lower S/R zone at $0.85. 🔴 Invalidation should be located as active management above the higher resistance zone. Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades des
by Helical_Trades
24
KNC/USDT : Breaking below the wedge, But still into channel!BINANCE:KNCUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $KNC has formed an ascending channel and it's currently moving into it, On other hand, there was a formed rising wedge that got broken by recent candles. This rejection has come with an opportunity for us to locate our Short toward the channel's lower! If you're not interested in the market's bias yet; Then you can wait for the channel's rejection and locate your Short on a proper retest of the broken channel... Be advised that if any rejection happens below channel; Then the main support are $4.35 and $3.55! Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
23
LUNA/USDT : Moving into a formed falling wedge ! BINANCE:LUNAUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $LUNA has formed a falling wedge which is bullish in majority; But as we all know, The leading bias on market is bearish. Also $LUNA is moving above a critical S/R zone and it's important to hold! That's why the chart comes up with two possible Scenarios... 📈 Bullish Scenario : If $LUNA breaks above the wedge, Then the terms for bulls will comes up with a bullish continuation; But it need to break above the $92's S/R line for further movement! - You can locate your Longs on a proper retest of $92's broken line towards $98's resistance zone. 📉 Bearish Scenario : If $LUNA breaks below the wedge, Then the terms for bears will comes up with a bearish continuation; Also on the Wedge's rejection, We'll face the S/R zone's rejection neither. - That makes this opportunity for Traders to located their Short on a proper retest of broken points ( Wedge or Zone ). Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
22
NEAR/USDT : Consolidating into a RANGEBYBIT:NEARUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $NEAR has formed a wide range channel which has held the pair for 25 days. Now it has gained bullish momentum once again as it's broken above the range's mid! But so; As we all know, There'll be always fake-out or deviations... In terms of possible rejections, I just mentioned the two possible scenarios to trade with : - Be noticed that both of them need active management with tight SL and multiple targets! 📈 Bullish scenario: Currently the most possible scenario is to face more bullish continuation, In this way; If we get closings above the mentioned S/R line at $15.1, Then you can locate your Longs on a proper retest of the broken marked line. - Be advised that the SL should be located below the Range's mid with active management! 📉 Bearish scenario: $BTC has reached one of the main S/R lines at $40600, As it consolidates below the resistance; There'll be always a chance of quick rejection into yesterday's lows... In terms of rejection; If we get closings below the Range's mid at $14.7, Then you can locate your Shorts on a proper retest of the broken marked line. - Be advised that the SL should be located above the S/R line at $15.1 with active management! Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
by Helical_Trades
17
ETH/USDT : Trading plans and Short-Term directions ! BINANCE:ETHUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! Currently, $ETH's moving below the S/R zone ( Grey zone ) and it comes with a possibility to take Short with an invalidation above $3305's resistance. - If you're going to Short the pair here; You need to know that the invalidation must come with active management ( Candles closing ). Now as we talked about the first scenario, It's better to head to our main scenarios! 📉 Bearish Scenario: If $ETH manages to break below the mentioned trendline, Then it'll be a good spot to locate your Short with the same Invalidation and target projection... - Be noted that the rejection below the trendline will confirm bears' weakness! 📈 Bullish Scenario: If $ETH manages to break above $3305, It'll come up with a Long opportunity on the proper retest of the broken line. - Also there'll be another possibility to take Long above $3500, Just like the last terms of Long on $3305... 🔴 Be cautious that I'm currently neutral bearish on $BTC's macro status and I won't mind taking a Mid-Term or Long-Term Long position on Alt-Coins yet! Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
by Helical_Trades
9
ICP/USDT : On the verge of breakout BINANCE:ICPUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! $ICP is on the verge of breakout on the channel's high. Currently it's moving into a descending channel and after the break-out, It'll be able to climb up to the higher S/R $38.2 ! - But it's better to wait for a proper hold above $24.3 to take Long on it. - Be aware that we have the possibility of reversal on $BTC at $49500's resistance. Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
9
ETH/USDT : Moving in a falling wedge ! BINANCE:ETHUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! There's a solid reaction to the recent formed falling wedge and now #ETH is located at the bottom. I won't expect the pullback right from this point, But I would point out the possible support from current rate; And also as you know, The falling is a bullish breakout pattern... So it's better to be more cautious about #ETH and scout the pair out of the trends ! I'm currently expecting the more downward into the lower Demand on $3000 and the major pull-back the mentioned $4100's resistance zone ! In any other terms I would hold my orders till #ETH got the proper breakout on the mentioned S/R zone. The apex of this wedge is being beautifully placed into ETH's weekly demand ( marked as Hourly Demand below ). I'm leaning bullish unless there is a structural break on the weekly timeframe. That doesn't mean we need to rush into anything, but I do think the macro downtrend since the highs are almost over. I think the ETH 2.0 narrative will come into play end of January into Feb, which will likely coincide with the shifting in structure and momentum on ETH - where I also expect DeFi to do well. Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
by Helical_Trades
17
ATOM/USDT : Potential zone$s to take SHORT ! BINANCE:ATOMUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #ATOM has showed some good potential in past couple of days and now it has reached the ATH and there could be a great opportunity to have a SHORT-TERM short and take a ride till the lower S/R ! In any term of breakout for new ATH; The first target level will be $54.54 and it would be our 2nd possible entry for any SHORT positions. The targets are mentioned as pressure zone and levels; Also the invalidation will be the breakout confirmation on both mentioned level... Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
44
[BTC/USD] Easy Chart, You must watchHi, This chart is re-upload of my private analysis since 30 March 2018. I saw a lot of chart and analysis all day and a lot of them are true but we really need a new chart each hours ? Unless if you want trade small mouvement. If you "HODL" or trade like Swing trader you just need to know these 2 Support/Resistance where the price continue his road. I will update and comment this chart later, i write this on my N*kia 3310 so it's really hard. -_- Have a good day, GLHF.
BITFINEX:BTCUSD
by Cryptanalys